Forward Guidance The Next Chapter For Blockworks | Empire
8 snips
Nov 5, 2025 The discussion kicks off with the surprising closure of Blockworks' newsroom, highlighting the shifting landscape for crypto journalism. 2025 is framed as a pivotal year for the crypto industry, signaling a new bull market. The hosts delve into MegaETH's ICO and its implications for token distribution. Securitize's public plans and Western Union's USDPT on Solana spark intrigue, while the potential acquisition of ZeroHash by Mastercard raises strategic questions. Personal investment strategies add a touch of individual perspective to the broader industry analysis.
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Founders Describe Closing The Newsroom
- Blockworks founders recounted building a news and events business to solve an "information problem."
- They recently shut the news division and laid off nine journalists while keeping podcasts and data products.
Handle Layoff Messaging Carefully
- When announcing layoffs, center the message on affected people and support, not company performance.
- Jason admits mentioning record revenue alongside layoffs backfired and recommends learning from that misstep.
Focus On One World-Class Strength
- Focus your company on one thing you can be world-class at instead of spreading resources thin.
- If your firm won't prioritize journalism, move journalists to organizations where journalism is core.
