The CEO of better doccom is laying off 15% of the company's workforce. He tells employees they will receive a severance package worth $7,000 per person. The executive also says that he hopes to be stronger after being laid off last time. "It's not about you, dummy. Is about you," Gores writes.
All news today. Jason recaps his Art Basel experience (1:55), meeting Beeple, being ultra candid with the JUUL CEO (6:58) and interviewing Cathie Wood & Tiffany Zhong about crypto at 500 Global's Pre-Money conference (17:23). Then, he breaks down the Better.com CEO's 900-person layoff over Zoom (31:36).
Forbes Article mentioned:
https://www.forbes.com/sites/kerryadolan/2021/12/03/investor-cathie-wood-on-bitcoin-why-she-sold-stocks-in-china-and-what-her-firm-is-buying-now/