Intro

Good morning and welcome to the future 👋

Yesterday’s top news: Mark Zuckerberg has a new job title for the first time in 17 years.

On Thursday, he was officially named CEO and Chairman of Meta, Facebook’s new parent company. The Verge →

Today’s update is 245 words, 1.2 minutes

Snippets

😈 21st century occult: The occult has been fascinating people for centuries. In more recent times, perhaps inevitably, it has become a social media phenomenon. GenZ occultists are flocking in droves to WitchTok, which promises supernatural means of making life more bearable. The Conversation →

🤝 Successful Teams: In his latest quarterly update, Prashanth Chandrasekar, CEO of Stack Overflow, explains how building connections strengthens teams and empowers people. His summary of Stack Overflow’s business successes validates his belief in a people-centric working environment. StackOverflow →

₿ Surprising cryptocurrency stats: Despite the hype surrounding cryptocurrencies, ownership is still highly concentrated. A National Bureau of Economic Research study has found that the top 10K Bitcoin investors control around one third of all the cryptocurrency in circulation. Techspot →

VC World

Wind of Change

Source: John McArthur

The venture capital market is booming and investors are riding a wave of optimism at a level never seen before. But is it justified or sustainable? Read on for two expert views of how the current market situation could play out.

Venture capital 2021: The Wall Street Journal has named it the ‘golden era of venture’. With so much money at their disposal, venture capitalists are fighting to invest, and the feeling is that nothing can fail. But is this optimism justified? This Vice report presents a balanced view of the current market. Vice →

Venture capital - take two: Another view of the crazy venture capital market, this time via Tech Crunch’s Equity podcast. Central to the discussion is whether the current pace of VC investment is sustainable and whether the existing structure of VC funds can survive. TechCrunch →