036 - Gamestop, Robinhood and a Roaring Kitty

All Up In Your Business with First Union Lending

English - February 25, 2021 12:38 - 25 minutes - 22.9 MB
Entrepreneurship Business Marketing cryptocurrency business lending business technology finance fintech marketing small business Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed

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Biz News

Last week there was a U.S. congressional hearing about GameStop. Top hedge fund managers, the head of Robinhood, and Roaring Kitty were all present answering questions over who’s fault it was for the trading frenzy. During the trading frenzy, Gamestop’s stock rose more than 1,000% during a two week time span as traders used Reddit to encourage each other which resulted in hedge fund managers to short the stock. The point of the hearing was to understand what happened to GameStop and how to prevent another market manipulation from happening again. Our story comes from Reuters.

Listener Questions

We cover important business news from last week that you need to know.

What should I change in sales techniques to succeed with B2B clients?Is it a good idea to have a co-founder who is tech savvy? What do I do if I don’t have this type of co-founder or person for my business?What are the pros and cons of working a full time permanent job and freelancing?Resources

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