SPOS #855 – Mike Evans On The Startup Journey

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Description: Here it is: Six Pixels of Separation – The ThinkersOne Podcast – Episode #855. The recently released book, Hangry, is a humorous, rags-to-riches, cautionary tale about Mike Evans, a Silicon Valley entrepreneur, who founded GrubHub in his basement and expanded it into the multi-billion dollar online food delivery colossus. Hungry and tired one night, Mike wanted a pizza, but getting… Read more »

Royal Bank agrees to buy HSBC’s Canada unit for $13.5B

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Description: Royal Bank of Canada agreed to buy HSBC Holdings Plc’s Canadian unit — the country’s seventh-largest bank — for $13.5 billion in cash, expanding its roster of business clients and bulking up its retail presence on the West Coast as HSBC focuses on Asia. Source: BNNBloomberg.ca – video report Date: Nov 29, 2022 Link:… Read more »

In defensive interview, Sam Bankman-Fried claims he’s broke and committed no fraud

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Description: Former FTX CEO Sam Bankman-Fried, in possibly the understatement of 2022, said Wednesday, “I’ve had a bad month.” The former billionaire added that he “didn’t do a good job” at upholding his responsibilities to regulators, customers and investors in a hotly anticipated conversation with CNBC’s Andrew Ross Sorkin at the DealBook Summit. Source: CNBC.com… Read more »

Have the Anticapitalists Reached Harvard Business School?

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Description: Social justice joins discounted cash flows on the syllabus as essential knowledge for aspiring corporate leaders. Source: NYTimes.com Date: Nov 28, 2022 Link: https://www.nytimes.com/2022/11/28/business/business-school-social-justice.html?smid=em-share Questions for discussion: What are the main arguments presented in this article? Where do you stand on these questions? What do you believe are the obligations of the corporation to… Read more »

Disney board reached out to Iger on Friday following concerns over earnings

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Description: Disneys board reached out to Bob Iger on Friday, without any other serious candidates in mind to replace Bob Chapek as CEO, CNBC’s David Faber reported Monday, citing sources. Source: CNBC.com – video report Date: Nov 21, 2022 Link: https://www.cnbc.com/2022/11/21/disney-board-reached-out-to-iger-friday-after-concerns-over-earnings.html Questions for discussion: Why did the board of directors make this decision? Why do… Read more »

How BlackBerry moved from iconic cellphones to cybersecurity

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Description: BlackBerry was once at the top of the smartphone market in the U.S. In 2010, almost half of smartphone subscribers in the U.S. used BlackBerrys, according to Comscore. Source: CNBC.com – video report Date: Nov 19, 2022 Link: https://www.cnbc.com/2022/11/19/how-blackberry-moved-from-iconic-cellphones-to-cybersecurity.html Questions for discussion: Summarize the story of Blackberry and the direction taken by John Chen. Do… Read more »

Elon Musk’s backers cheer him on, even if they aren’t sure what he’s doing to Twitter

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Description: Elon Musk’s acquisition of Twitter has not exactly taken off like a rocket. After trying desperately to get out of the $44 billion purchase, he faced a court battle for reneging. So he went through with it, while complaining that he was “obviously overpaying.” Mass layoffs and mass resignations have left Twitter a shadow… Read more »

Iger announces first big moves in new tenure as Disney CEO: Restructuring and departure of Chapek right hand Kareem Daniel

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Description: Bob Iger, less than 24 hours after returning to the helm of Disney, told employees Monday that the company would be undergoing a restructuring in coming weeks. One of the first steps, Iger announced, would be the departure of Kareem Daniel, the company’s head of media and entertainment, and right hand to now-departed CEO Bob… Read more »

You need to understand the FTX debacle even if you have no investments in crypto

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Description: The sudden collapse of FTX, the world’s third-largest cryptocurrency exchange, underlines how important it is for any investor to learn about the risks they take when they park their money with a lightly regulated firm. Source: MarketWatch.com Date: Nov 13, 2022 Link: https://www.marketwatch.com/story/you-need-to-understand-the-ftx-debacle-even-if-you-have-no-investments-in-crypto-11668184909 Questions for discussion: Summarize the key points made in the report… Read more »

Economist Nouriel Roubini slams crypto ‘carnival barkers’ and Binance CEO as ‘a walking time bomb’ after FTX disaster

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Description: Outspoken economist Nouriel Roubini described crypto and some of its major players as an “ecosystem that is totally corrupt.” On a panel hosted by CNBC’s Dan Murphy at the Abu Dhabi Finance Week on Wednesday, the New York University professor said there were “seven Cs of crypto”: “Concealed, corrupt, crooks, criminals, con men, carnival barkers,”… Read more »