Roku City and Rental Arbitrage
"a re-envisioned Tinder”
Crypto investors still think they're going to get filthy rich, study finds; Snap and Meta shares jump after FCC commissioner says U.S. should ban TikTok; Greta Thunberg says UN Climate Conference is a scam; and Roku users are logging on just for the screen saver (known, lovingly, as “Roku City”).
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WHO WEARS CROP TOPS TO THE OFFICE?, nyt
“I’m not going to buy clothes specifically for my job,” says one Gen Zer who works in an office. (It’s a Miami plastic surgery office, to be fair, but it’s still an office.)
MATCH GROUP HAS STILL GOT SOME GAME, wsj
Though the Match-owned Tinder is still the No. 1 dating app worldwide, only 16% of unmarried 18- to 24-year-olds in the U.S. have used Tinder in the past month. With that in mind, they have a “re-envisioned Tinder” in the works that focuses on Gen Z product initiatives, “new-user adoption through women’s experience” (what does that mean? good q), and virtual goods.
ELON MUSK ALREADY BROKE THE GOLDEN RULE OF THE CREATOR ECONOMY: DON’T MESS WITH YOUR SUPER-USERS, vanityfair
There’s an important distinction between Twitter and other platforms that’s honestly never even dawned on me: Whereas the Youtubes and Instagrams empower creators to actually make a living on the app, no one’s making a living tweeting. So why would anyone, let alone Twitter’s valued super users, pay $8 a month? Twitter would be better off paying them (and Elon needs to hire Delia Cai immediately).
MEAGAN LOYST, THE 25-YEAR-OLD FOUNDER OF GEN Z VCS, IS LEAVING HER INVESTING ROLE AT LERER HIPPEAU TO FOCUS ON THE ONLINE COMMUNITY FULL-TIME, insider
The “Gen Z VC” who’s made a name for herself on Twitter, among other places, is one of several young investors “leaving established roles at big name firms to branch out on their own, either by starting emerging funds or new creative projects and syndicates.” Rex Salisbury recently left A16Z to launch a $20 million fund through his online community for fintech entrepreneurs and investors; Loyst says she has no plans to raise a fund, but it feels like an inevitability.
TIKTOK’S LATEST GET-RICH-QUICK SCHEME? RENTING OUT FLATS YOU DON’T OWN., vice
Rent-to-rent, also known as rental arbitrage, is “the parasitic investment strategy that is being touted across social media as a way for the growing number of people who can’t afford to buy their own home to invest in property.” What could go wrong?
One last thought:
Thanks. Isn't the link to the crypto study from September?