06/01/2021: Weekly Newsletter
Hope everyone had a nice long weekend. It’s officially June! …which is just so wild to me. How is it that time both passes very fast and very slowly during the pandemic?
Money & Crypto
“Next hour commerce” and food delivery’s expected vs actual sales
Hard seltzer summer sales
India government extends $40B loan guarantee program to bolster airlines and hospitals
WTF is dogecoin? Bloomberg offers a good primer
China to crack down on bitcoin mining activities
Diem says will ‘fade out’ its stablecoin if “the Federal Reserve issued a central bank digital currency”
Hepsiburada.com, Turkish e-commerce platform, files for IPO, Full Truck Alliance, Chinese based company that is “Uber for trucks” files for IPO
Fundraises: Noom $540M, Delhivery $277M, Chipper Cash $100M, Jai Kisan $30M, Plum $15M
Tech & Science
Mosquitos that have been genetically altered target dengue and Zika
Amgen lung cancer drug approved…”The company will charge $17,900 a month for the drug in the U.S.” and “analysts project the drug could eventually ring up more than $1 billion in annual sales.”
Google antitrust ad case settlement in France
Twitter Blue, subscription on Twitter
Etc.
🎥 🎧📖 Dug deep into the opioid crisis this week by watching Crime of the Century and listening to Patrick Radden Keefe on Fresh Air who recently wrote Empire of Pain, a book about the Sackler family (he also wrote Say Nothing, a book about the IRA which was one of my favorite reads last year)
The Tulsa massacre
The history of Memorial Day
🎧Sister Helen Prejean (of Dead Man Walking) on her calling and being a spiritual advisor to people on death row
🎥 Wow…Mare of Easttown lived up to the hype
Disclaimer: All opinions are my own. The content on this site and on the podcast does not constitute financial, legal, accounting, tax, or investment advice.
