Equity Equity Monday: Where fintech is strongest as SBF heads to court
Oct 2, 2023
As Q4 kicks off, stocks fluctuate while crypto sees a refreshing uptick. Apple could be gearing up to challenge Google in the search engine arena, despite its current profit from avoiding that path. The EU's telcos are making headlines with their controversial pay demands. With Sam Bankman-Fried's trial looming, the pressure mounts in the crypto world. Lastly, the fintech space is buzzing with an uptick in Seed-stage deals, indicating a resurgence of interest amidst regulatory scrutiny.
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Apple's Search Potential
- Apple has the necessary components for a search engine, including a crawler and ad tech team.
- More search competition would benefit startups by lowering ad costs.
Net Neutrality Debate
- EU telecom companies want tech companies to pay for bandwidth consumption.
- Consumers already pay for internet access, making this double charging.
Big Tech Antitrust
- The US government's antitrust case against Amazon raises questions about startup founders' stance on big tech regulation.
- While founders may oppose limits on growth, competition is crucial.