MM #175: End of NFTs, Black V.C. Fight Against Discrimination Claim, & Mark Zuckerberg's Plan to End Diseases
In this week's episode of Market Mondays, we delve into a myriad of stimulating discussions encompassing the rapidly evolving realms of NFTs, tech investments, and the venture capital landscape. Here's a glimpse of the topics covered:
- We kick off our conversation by exploring the provocative assertion that a staggering 95% of NFTs could be deemed worthless. How does this shape our perspective on the burgeoning NFT space?
- The news of Amazon injecting up to $4 billion into Anthropic, positioning itself as a rival to ChatGPT, has piqued our interest. We debate on how this bold step might spell a brighter future for Amazon and if it holds the potential to catalyze its stock performance.
- Joining us is the inspiring Arian Simone, Co-founder of the Fearless Fund. We navigate through the reverse discrimination lawsuit her venture capital firm is amidst, extracting insights on its broader implications.
- The audacious vision of Priscilla Chan and Mark Zuckerberg aiming to eradicate human diseases by the century's close has captured our attention. We discuss their aspiration of creating a groundbreaking computing system to accelerate disease research, melding AI's prowess with cellular studies.
- With a noticeable spate of IPO failures this year, extending from 2021, we ponder on whether the conventional VC model is hitting a wall.
- Rashad reflects with a stirring monologue on how societal distractions with trivialities might be veiling our focus on larger issues at hand.
- Lastly, a discernable trendline break for QQQ has emerged. We debate if this is a forewarning of turbulent times ahead for Nasdaq.
#MarketMondays #TechInvestments #fearlessfund #nft
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