Morning Brew Daily Bezos Saving $600M in Miami Move & Zuck Roasts Apple Vision Pro
Feb 15, 2024
Jeff Bezos sells $4 billion in Amazon stock and relocates to Miami, eyeing a $600 million tax saving. Bitcoin is making waves again, hitting a $1 trillion market cap amidst ETF hype. Meanwhile, Mark Zuckerberg humorously critiques Apple's Vision Pro, emphasizing Meta's strengths. Discussions also include Lyft's financial blunder, the unexpected resurgence of rom-coms, and how corn hole is taking center stage in the world of competitive sports.
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Bezos's Miami Move
- Jeff Bezos sold $4 billion of Amazon stock and moved to Miami.
- This move could save him $610 million in taxes due to Florida's lack of capital gains tax.
Bitcoin's Resurgence
- Bitcoin's market cap reached $1 trillion, driven by excitement around Bitcoin ETFs.
- Inflows to Bitcoin ETFs total $2.8 billion since SEC approval, indicating accelerating interest.
Zuckerberg vs. Apple
- Mark Zuckerberg posted a video critiquing the Apple Vision Pro, calling the Quest 3 a better product.
- He highlighted the Quest 3's lighter weight, lack of battery pack, and wider field of view.