“Facebook thinks it’s a telephone line” — Nio’s 1,000% jump. Sleep Number’s anti-Casper pivot. Twitter/Facebook’s Section 230 moment.

The Best One Yet

English - October 16, 2020 09:00 - 18 minutes - 16.6 MB - ★★★★★ - 8.5K ratings
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Previous Episode: “That’s a $111M chicken wing” — Pilgrim’s Pride’s chicken-fixing. Uber’s pet unicorn. BlackRock’s hedge.

Next Episode: “$140M to Airbnb that Mercedes” — Getaround’s mega-round. FuboTV’s IPO. Amazon’s (Anti) Prime Day.

Shares of Nio (the Tesla of China) have subtly surged 1,000% since March because it’s made a lifestyle brand out of a glorified battery. Twitter and Facebook just faced their biggest ever test about whether they’re platforms or publishers. And Sleep Number stock popped because it’s doing everything with mattresses that Casper isn’t.
$NIO $SNBR $TWTR $FB
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