

Wave of tech layoffs, Robinhood earnings, what makes a great CEO & more | E1603
6 snips Nov 4, 2022
The podcast dives into the wave of tech layoffs at companies like Stripe and Lyft, reflecting on the need for financial discipline. Robinhood's recent earnings reveal a significant reduction in net loss, highlighting lessons on revenue diversification. The conversation shifts to innovative monetizable mood boards, sparking creativity in commerce. Finally, the hosts discuss the qualities that make a great CEO, focusing on resilience and adaptability during economic turbulence.
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Robinhood Investment
- Jason Calacanis invested in Robinhood and held his shares despite market volatility.
- He believes in the management's experience and expects long-term success.
Revenue Diversification
- Diversifying revenue streams makes businesses resilient.
- Subscriptions smooth out market fluctuations, especially for ad-dependent businesses.
Subscription Value
- Define a clear value proposition for subscriptions that justifies the cost.
- Offer a unique advantage over free versions with multiple added benefits.