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Bloomberg Tech

Meme Stock Mania, A16z Funding Adam Neumann's Startup

Bloomberg Tech

Bloomberg

Tech News, News, Business News

4.470 Ratings

🗓️ 16 August 2022

⏱️ 43 minutes

🧾️ Download transcript

Summary

Bloomberg's Emily Chang breaks down why the meme stock frenzy is back with Bed Bath & Beyond. Plus, why Twitter is up in arms about a16z funding the latest venture from Adam Neumann - the WeWork founder who lost billions of dollars for investors in one of tech's most spectacular flameouts.

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Transcript

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0:00.0

The Bloomberg Sustainable Business Summit returns to Singapore on July 31st for solutions-driven discussions on unlocking growth in times of increased ESG scrutiny and competition.

0:12.0

Join global business leaders and investors

0:15.0

to drive innovation and scale best practices

0:17.7

in sustainable business and finance.

0:19.9

Learn more at Bloomberg Live.com

0:22.0

slash Sustainable Viziz Singapore.

0:24.3

That's Bloomberg Live.com

0:26.0

slash Sustainable Biz Singapore.

0:28.4

From the heart of where innovation, money, and power collide,

0:35.0

in Silicon Valley and beyond,

0:38.0

this is Bloomberg Technology with Emily Chang. I'm Emily Chang in San Francisco and this is Bloomberg Technology coming up in the next hour

0:58.5

Mean Stoc.

0:59.7

Mania is back, Bed Bath and Beyond Surges. In defiance of Wall Street as retail investors

1:05.8

get a second win. I'll chat with the CEO of stock twits about how social

1:10.1

media is impacting market moves.

1:13.0

Plus, you know who else is back?

1:15.0

Adam Newman, yes, the We Work founder who lost billions for investors in one of

1:19.2

Tech's most spectacular flame out.

1:21.2

He's just raised money yet again getting the biggest

1:24.8

check ever written by Andresen Harowitz. Silicon Valley's water cooler is all

1:29.9

a buzz. We will take you there. And big tech companies like Microsoft and

1:35.5

Amazon have pledged to go green but critics say they're also helping big oil

...

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