This Week in Startups $NFLX stops sharing, $SNAP Q2 earnings, $COIN alleged insider trading with Alex Wilhelm | E1517
Jul 25, 2022
Alex Wilhelm, a TechCrunch reporter, shares his insights on major tech headlines. He discusses Netflix's crackdown on password sharing, highlighting the backlash from customers. The conversation shifts to Snap's disappointing Q2 earnings and its challenges in advertising. Alex also dives into allegations of insider trading at Coinbase and its implications on market integrity. Additionally, they reflect on the fallout from the Three Arrows Capital scandal and a quirky tale of a man trying to recover lost Bitcoin from a landfill.
AI Snips
Chapters
Transcript
Episode notes
Netflix's Transformation
- Netflix is transitioning from a customer-friendly company to a restrictive one.
- This shift is driven by financialization, prioritizing profits over customer experience.
Consider Debt in Investments
- Consider a company's debt alongside its cash and revenue when evaluating investment opportunities.
- Jason Calacanis reconsidered investing in Snap due to its substantial debt.
Snap's Vulnerability
- Snap's struggles might not entirely reflect the ad market but rather its smaller size.
- This limits its ability to navigate macroeconomic changes effectively compared to larger companies.