Pivot

Who is profiting off Reddit stock threads? And the "Marshall Plan for Moms"

Feb 2, 2021
Reshma Saujani, the Founder and CEO of Girls Who Code, is leading an inspiring initiative called the 'Marshall Plan for Moms' to support mothers facing economic struggles post-pandemic. She discusses the alarming drop in workforce participation among women and the need for systemic changes like paid leave and affordable childcare. The conversation also covers escalating tensions between major tech companies and the impact of the Reddit stock frenzy on retail investors, highlighting the urgent call for transparency in the financial landscape.
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INSIGHT

Market Efficiency vs. Current Strangeness

  • The stock market is efficient over the long term, returning to fundamental valuations.
  • Current market conditions feel strange due to events like the GameStop situation.
INSIGHT

Apple vs. Facebook: Data Privacy Feud

  • Apple and Facebook are escalating their feud over data privacy.
  • Tim Cook criticizes business models built on misleading users and data exploitation.
ADVICE

Facebook's PR Strategy

  • Personifying brands by associating them with leadership is common.
  • Facebook should cooperate with Apple to solve the data privacy issues.
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