This Week in Startups

Shein registers for US IPO, Trump SPAC insider trading & more | E1771

Jul 1, 2023
The podcast dives into Shein’s recent confidential IPO registration, sparking debates around its controversial labor practices and the concept of ethical consumerism. It also highlights the company's failed influencer outreach attempts amidst its PR struggles. In a twist, the dangers of influencer culture and potential insider trading accusations surrounding a prominent SPAC are explored. The discussion then shifts to the implications of autonomous vehicle footage being used in criminal cases, blending technology with public safety concerns.
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ADVICE

Sheen's Path to US IPO

  • Sheen should create labor best practices, including fair wages, reasonable work hours, and worker safety.
  • Transparency and positive dialogue are key to a successful US IPO.
INSIGHT

The Hidden Costs of Fast Fashion

  • Consumers benefit from fast fashion's affordability, but there are hidden costs.
  • These costs include unethical labor practices like long hours and few days off.
INSIGHT

Inheriting Bad Behaviors

  • Businesses and investors inherit the worst behaviors of their partners.
  • This creates reputational risks and necessitates careful consideration of partnerships.
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