Rapid Fire News: OnlyFans reverses course, Circle to clean up USDC reserves, Warby Parker S-1 | E1271
This Week in Startups
Jason Calacanis
4.2 • 1.4K Ratings
🗓️ 25 August 2021
⏱️ 47 minutes
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| 0:00.0 | Okay, we got a great all-new show for you today. |
| 0:02.5 | I know you guys like when I do an all-new show. |
| 0:04.2 | Only fans has flip-flop from their earlier position |
| 0:06.6 | last week and they're back in business as usual. |
| 0:09.2 | There's a lot of interesting turns in there |
| 0:10.9 | about banking. |
| 0:11.9 | The stablecoin circle is cleaning up their reserves |
| 0:15.1 | to move to a perfect dollar for dollar representation |
| 0:18.9 | of their stablecoin unlike tether. |
| 0:22.0 | And this is a major move for circle. |
| 0:24.8 | And I think it's going to have a profound impact |
| 0:28.0 | on cryptocurrency and tether. |
| 0:30.1 | Finally, Warby Parker is going public via direct listing. |
| 0:33.0 | So I'll break down the difference between |
| 0:34.9 | D to C companies and software and direct listings |
| 0:36.9 | and traditional IPOs plus. |
| 0:38.9 | There's a little button at the end |
| 0:40.4 | with a personal message for you. |
| 0:41.6 | Stick with us. |
| 0:43.2 | This week in startups is brought to you by LinkedIn Jobs. |
| 0:48.0 | A business is only as strong as its people |
| 0:51.3 | and every hire matters. |
... |
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