Hello everybody and good morning it is November 22nd 2021 of course you are listening to Equity

this is our show where we unpack the numbers and the nuance behind the

headlines digging into every aspect of the startup business world hi my name is Alex the Or in other words, the news in the technology world should slow down. Now, of course, the US is not the entire technology world. We all know that, but certainly it's one of the leading markets, and that means that if we're going to be sleeping and mostly eating our faces off, well, then things should get a little bit quieter

in the broader tech world for a couple days.

Now what's interesting is, we have a couple weeks in December, after Thanksgiving,

and before the end of the year slowdown, and I'm very curious to see how busy those two weeks are going to be.

Given historical precedent I'm kind of expecting them to be absolutely bat shit crazy but you know what

Hope Springs Eternal maybe people will just calm down, not announce anything

and we can have a nice, relaxed December of just resting and sleeping and getting ready for

2022. It's not going to happen, but you know, one can dream. Anyways, let's take a look around the world today.

Ah, this morning, the stock market.

Yes, Asian stocks were mixed, European stocks were down a fraction.

The US stock market is set to rise this morning,

at least according to current pre-market trading data and if you're

more into cryptos than you are into equities well you're off a couple points this

morning and off around 10 to 12 percent in the last week but certainly cryptos have

done quite well recently so a haircut is not a death penalty.

Anyway speaking about things going down that's our first topic.

And yes speaking about things going down we are talking about the value of pay-tum and its stock price, which has declined both on its first day of trading, last Thursday, and today,

27% off in its first day and another 13% this trading session. That's really, really not good, by the

way, if you're curious, it's fine if your IPO goes up or down a couple of points.

You know, what can you do? But you don't want to go up too high, you don't want to go up too high you don't want to give away

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