

Market Madness, The Latest on Roe, and Guest Kirsten Grind
7 snips May 10, 2022
In this engaging discussion, Kirsten Grind, Wall Street Journal enterprise reporter and co-author of "Happy at Any Cost," shares insights into the tragic life and legacy of Tony Hsieh, former Zappos CEO. The hosts tackle the market's recent downturn and debate the evolving landscape of abortion rights in America, highlighting its impact on marginalized communities. They also dive into Elon Musk's ambitious plans for Twitter and the growing risks of the 'buy now, pay later' model, weaving in humor and personal anecdotes throughout the conversation.
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Elon Musk's Twitter Strategy
- Elon Musk aims to increase Twitter's revenue by focusing on subscriptions and payments.
- He plans to reduce reliance on ads and grow the user base significantly.
Meta's Retail Strategy
- Meta's brick-and-mortar store strategy for Metaverse products might be a good idea.
- This approach provides a controlled environment for explaining and demonstrating complex products.
Compensation in Downturn
- Companies should adapt their compensation strategies during market downturns.
- Shift from equity-heavy compensation towards higher cash components to retain talent.