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This Week in Startups

Archegos founder arrested, Bolt sued by Authentic Brands, $GOOG & $MSFT earnings, Apple sells repair parts, EV Corvette | E1445

Apr 28, 2022
01:11:39

All news. First we break down the SEC's allegations from one of the craziest financial stories since Bernie Madoff, Archegos Capital (4:20). Then cover: Bolt being sued by its largest customer (28:47), Google and Microsoft's Q1 2022 earnings for the first quarter (42:45) and Apple selling iPhone spare parts and repair tools (1:02:10). We wrap with GM's EV corvette announcement (1:07:20).


00:00 Jason and Molly tee up today’s news stories
04:20 Archegos Capital owner Bill Hang and its CFO were arrested this morning for concealing billions of dollars of leverage that led to the firm closing last March
10:25 Cyvatar - Get your first 2 months free at https://cyvatar.ai/twist
11:42 More on the Archegos Capital fraud and losses
22:17 Odoo - Get your first app free and a $1000 credit at https://odoo.com/twist
23:23 Family Offices and the Archegos fraud
28:47 Bolt sued by their largest customer for failing to deliver on product & potentially, maybe, allegedly committing light securities fraud?
38:42 Coda - The All-in-one doc for teams, get a $1,000 credit at https://coda.io/twist
39:58 Facebook Q1 revenue up 7% y/y, net income down 21% y/y
42:45 Google reported earnings yesterday after the markets closed
51:58 Microsoft reported earnings yesterday after the markets closed
56:58 Manscaped released their Q4 and 2021 full year earnings
1:02:10 Apple acting on Right to Repair
1:07:20 Chevy is making an electric Corvette

FOLLOW Jason: https://linktr.ee/calacanis
FOLLOW Molly: https://twitter.com/mollywood

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