Equity Another month, another billion dollars in value appreciation
Oct 22, 2021
The hosts dive into Facebook's bold rebranding attempt and its implications for the metaverse. They discuss innovative companies like Vertical Oceans and Modern Age, both tackling sustainability and health in remarkable ways. Insights into the shifting dynamics of venture capital, particularly in China's tech landscape, reveal unexpected optimism amid regulatory concerns. Lastly, they explore Brex's staggering valuation, highlighting the ever-evolving fintech scene and the varied narratives surrounding the startup boom.
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Facebook's Rebranding
- Facebook will rebrand itself, likely to distance itself from negative associations.
- This rebranding effort has sparked humorous speculation, with suggestions like "Tronk" and "Verizon Media Group".
Seriousness of Metaverse Pivot
- Facebook's rebranding and metaverse focus might indicate a shift due to plateauing growth of core apps.
- The company's seriousness about this shift is now more evident.
Superplastic's Characters
- Superplastic creates deranged, violent characters, partnering with brands like Gucci.
- One character, Goochie Mon, wears Gucci while torturing another character, raising questions about brand strategy.
