I’ve loosely been following the Writers Guild of America strike, which has now been joined by the Screen Actors Guild-American Federation of Television and Radio Artists. I feel like I’m watching a dystopian movie but here’s the kicker, it’s all really happening. The CEO of Disney, Bob Iger, said during an interview at the [...]
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I keep thinking about the swiftness with which Silicon Valley Bank (SVB) collapsed. In the span of 48 hours, it went bust because as interest rates rose, VC capital to SVB’s portfolio companies decreased. That required the companies to start withdrawing deposits from SVB to fund day-to-day business operations but those deposits sat in bonds [...]
This repost is from almost exactly six years ago but is still relevant today. Enjoy. I had a dream the other night my sister, Rosie, and I slept in the same bed. She started hogging all the covers and I yanked them back from her and said, “No. You can’t take all the covers.” It’s [...]
The other night I dreamt I was stuck with a roommate. For some reason, she couldn’t move out even though I wanted her to. She used my things, threw our house into disarray, and then managed to puncture a large hole in the ceiling. In short, NOT an ideal roommate. When I confronted her about [...]
Someone asked me recently, what do I care what Elon Musk does with his money? To start with, why shouldn’t I care? We live in a society that pretends we’re not all connected. That what one person does somehow has no effect on anyone else. Want to own a newspaper company? Sure, go ahead! [...]
As you’ve likely heard, the first-ever Amazon labor union was formed on Friday. What I love about this story is the David versus Goliath aspect. I can think of no better representation of a modern-day Goliath than Amazon. After all, Amazon accounts for more than 40% of ecommerce, according to emarketer.com. The next highest [...]
This week I read a Twitter thread about the creator of the latest Netflix phenomenon “Squid Game.” According to several news pieces, Hwang Dong-hyuk wrote the show in 2009 but was rejected by studios for 10 years. He once had to stop writing the script and sell his $675 laptop because of money struggles. [...]
This weekend a friend told me his friends are getting into cryptocurrency so they can make a lot of money. My response was, “So they can do what? Retire early and satisfy every pleasure they have? Or build a rocket ship into space while there are people literally starving to death?” I mean, I [...]
June 21 and 22 are Amazon Prime days so I wanted to take a minute to talk about the reality of this company and capitalism in general. Earlier this month, the New York Times came out with an article titled “The Amazon Customers Don’t See.” It’s quite long so I won’t detail the intricacies of [...]
The other day a close friend remarked as a society we have decided we will do anything to save a human life, which is both true and not true. It’s true that we are physically distancing, that we’re staying at home, that many businesses are closed due to COVID-19 because we want to save [...]