This Week in Startups

Melania Trump’s NFT, Reddit to go public + Twitter’s Tony Haile: news & product evolution | E1347

Dec 17, 2021
Tony Haile, former CEO of Chartbeat and Scroll, now at Twitter, dives into the surge of Melania Trump’s NFT series and Reddit’s exciting IPO ambitions. He discusses the unique challenges of merging politics with commerce in the digital sphere. Haile also sheds light on the evolution of Twitter’s subscription model, emphasizing user experience and content monetization. He elaborates on innovative strategies for navigating the changing landscape of digital advertising while fostering community engagement. Get ready for tech insights with a twist!
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ANECDOTE

Melania Trump's NFT

  • Melania Trump is launching an NFT platform, featuring watercolor art and audio messages.
  • Jason Calacanis believes this could be a successful venture for her.
INSIGHT

Peak Grift

  • Trump's SPAC is worth more than BuzzFeed despite minimal effort, highlighting market absurdities.
  • This exemplifies a market peak, where grifts flourish due to lack of substance.
ADVICE

Spotting Market Peaks

  • Recognize market peaks by identifying grifts, where people exploit hype without real value.
  • Be cautious with NFTs and ICOs, as they can lose significant value.
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