07/06/2021: Weekly Newsletter
Anecdotely I have felt so much more interest in crypto over the past year. When I first joined a crypto company in fall of 2019, many people said “huh?” or “Are you sure you want to do that?”.
Now, I get people asking me “How do I buy bitcoin?” or “What is the best crypto to invest in?”. So it was nice to see that my personal experience is backed up with some pretty staggering data points from 2021 Trends in Investing Survey from the Financial Planning Association, the Journal of Financial Planning, and Onramp (Article: WSJ).
"In a survey of financial advisors, the percentage..."
This one is even more crazy!... From 0 to over a quarter of respondents within a year 12 months...
And the number who recommend investing incrypto is also growing. This figure to me shows just how much more mainstream crypto has become and how much more comfortable traditional finance has become with it.
Money & Crypto
Didi removed from app stores in China after IPO, which regulators had suggested it delay
M&A booming so far this year with companies paying an avg of ~17x multiples(!!!)
Crypto trading volumes drop 56% from May to June
65 Companies who have grown their dividends for 25 yrs+
Fundraise: ManoMano $355M, Licious $192M, FairMoney $42M, MaxAB $40M
Tech & Science
Advertisers move more towards Android as Apple enacts tracking rules and ad spending in US
Businesses suffer cyberattack through Kayesa software attack
How AI could help keep people ‘alive’ after they die
Etc.
Food magazine covers shot by Romulo Yanes who passed away recently
🎧 Digging into the Nixon tapes
Sprinter Sha’Carri Richardson receives ban after testing positive for cannabis
NBA finals set
(SPOILER ALERT!) Top Chef winner news
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.
