Pivot

Thiel Thinks BlackRock is Woke, Tesla Stalls Out, and a Crypto Crash

5 snips
May 13, 2022
Tesla's production freeze in Shanghai raises eyebrows as supply chain issues hit hard. Peter Thiel takes aim at BlackRock for being 'woke,' and the crypto market experiences a serious crash. Grindr flirts with going public, while political shifts at the FTC stir tensions in tech regulation. The fascinating impact of TikTok disrupts traditional media, transforming how we consume content. Amidst all this, the hosts tackle personal wealth's effect on identity and examine the complexities of dating in the digital age.
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ADVICE

Promoting In-Person Interaction

  • Encourage in-person interaction by creating more social and civic opportunities.
  • This helps counter the transactional nature of online dating.
INSIGHT

FTC's Potential

  • The FTC having a Democratic majority may enable more aggressive action.
  • Their credibility hinges on targeting major tech companies like Amazon.
INSIGHT

Crypto Volatility

  • Cryptocurrencies lack underlying value, making them highly volatile in down markets.
  • Unlike stocks, there are no earnings benchmarks to prevent a free fall.
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