Twitter users with legacy blue checks expected to lose them on April 1st. Fidelity reports that it's marked down its investments in Twitter again this time by nearly 8%. That brings Fidelity's total right down to more than 60%. I don't know what they're waiting for. They need to take it down to the equity to the bottom. The havoc seems to be hurting the company's valuation.
Kara and Scott still have their blue checks! They discuss a confusing and slow legacy check removal process at Twitter. Also, the Russian government’s arrest of Wall Street Journal reporter Evan Gershkovich, and other repressive governments making business hard around the world. Plus, Virgin Orbit has halted operations for the foreseeable future and four billionaires will have to talk about their relationship with Jeffery Epstein. Oh, and by the time you’re reading this, former President Trump may have been arrested.
Friend of Pivot Liz Hoffman discusses her new book, Crash Landing: The Inside Story of How the World’s Biggest Companies Survived an Economy on the Brink.
You can find Liz at @lizrhoffman on Twitter, and you can buy her book here.
Send us your questions! Call 855-51-PIVOT or go to nymag.com/pivot.
Learn more about your ad choices. Visit podcastchoices.com/adchoices