This Week in Startups

British pound crashes, Do Kwon's red notice, NASA's DART mission, TikTok nears US deal | E1570

4 snips
Sep 26, 2022
The British pound plummets to a record low, stirring economic chaos and raising questions about post-Brexit UK policies. Meanwhile, Do Kwon faces an Interpol red notice amid ongoing crypto turmoil. NASA's DART mission takes center stage as a key planetary defense strategy against asteroids. Finally, TikTok edges closer to a deal with the Biden administration, navigating tricky national security concerns. Exciting times for finance, tech, and space!
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INSIGHT

Focus on Your Business

  • Focus intensely on your primary work.
  • Tune out the constant news cycle if it's irrelevant to your business.
INSIGHT

British Pound Crash

  • The British pound crashed to a record low against the US dollar.
  • Investors lack faith in the UK's new economic plan, causing a sell-off.
ANECDOTE

Giselle's Pound Preference

  • Giselle Bündchen once insisted on being paid in pounds due to its strength.
  • This highlights the pound's past stability compared to the current volatility.
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