Microstrategy is a shell company, essentially. What you're buying is a bunch of bit coin. Shout out to all the people at microstrategy staying focus on the actual business through strers. No, but look, the stock was flat lined. It was flat linedwe're around 20 20 he starts buying a bitcoin, and 20 21, this thing spikes up to a thousand dollars a share because people were buying it based on the price of bi coin.
BIG show! First up, our co-hosts break down why YC cut its summer cohort size by 40% (2:13), Robinhood letting go 23% of its employees (12:40), Michael Saylor out as MicroStrategy CEO (32:09), and Airbnb earnings. (42:07) Then, Jason is back with another edition of The Blueprint, where he covers the benefits of having a bias for action! (48:52)
(0:00) Jason and Molly intro today's topics!
(2:13) Y Combinator cuts its Summer 2022 batch size by 40%: what does this mean for the early-stage market?
(11:35) iTrust Capital - Visit https://itrust.capital/twist to create your Crypto IRA today
(12:40) Robinhood terminates 23% of employees: RIF vs layoff vs furlough explanation
(27:42) Brave - Download today at https://brave.com/twist to browse faster, search privately and so much more
(29:02) Jason gives a Jay Trading recap and lays out his reasons for doing it
(32:09) Michael Saylor steps down as MicroStrategy CEO
(39:14) Visa - Learn more about Visa’s online Small Business Hub at Visa.com/smallbusinesshub
(40:10) Jason's predictions for MicroStrategy's direction
(42:07) $ABNB earnings, comparing $ABNB and $UBER p/s, $COIN and $HOOD p/s
(48:52) The Blueprint Part 4: The Benefits of Having a Bias for Action
(54:12) How bias for action relates to other cognitive biases
(1:02:50) How founders can have a bias for action: Product velocity