What's Really Going On In Davos | Group Chat News Ep. 729

Group Chat

News, Entrepreneurship, Business

4.8 • 1.5K Ratings

🗓️ 20 January 2023

⏱️ 68 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today, Dee and Anand discuss the latest business and financial news, including Microsoft's decision to lay off 10,000 employees, the reported plummet in Shein's valuation as they seek $3 billion, and the Oxfam report stating that the richest 1% of people amassed almost two-thirds of new wealth created in the last two years. They also discuss recent developments in the world of pop culture, national news, politics, and world news, including Dr. Dre selling music assets to Universal Music and Shamrock, police surveillance in Beverly Hills, and Donald Trump's potential return to Twitter and Facebook. Plus, they dive into the world of fintech and crypto, discussing Arch's new crypto lending product and the gathering of prostitutes in Davos for the annual meeting of the global elite. Lastly. the gentlemen drop their weekly Winners, Losers, and Content.

- written by ChatGPT

Timeline of What Was Discussed:

Microsoft’s strange decision. (3:12)
Netflix’s subscriptions are popping! (6:30)
The big challenge for Shein. (10:46)
How the richest 1% of people amassed almost two-thirds of new wealth created in the last two years. (18:12)
Peter Thiel is doing WELL. (23:02)
Dr. Dre is cashing out! (25:53)
The Beverly Hills police are watching you. (32:13)
The Don is back! (36:33)
The strange concept of Davos. (38:11)
A Group Chat exclusive interview with Dhruv and Himanshu from Arch. (41:12)
Winners, Losers, and Content. (58:12)
Group Chat Shout Outs. (1:05:34)

Transcript

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0:00.0	All right, Kathy's, we are back for another episode of the number one podcast in the world.
0:06.4	But more importantly, the number one club in the world.
0:10.3	The biggest winners of the week are everyone that got out there and joined the chatty,
0:16.1	Kathy club.
0:17.1	A few hundred people have now joined us in this special momentous occasion.
0:22.6	The first launch is we are launching a private discord for all of the club members where
0:31.0	we'll all be in there and it'll be our proper chat room for holders.
0:37.3	And then I tease the hat that we're going to get everyone also.
0:43.0	But more importantly, we want you to be a part of the discussion on how we grow this club.
0:49.8	Starting from opportunity boards, job boards to introductions to people, find out where
0:56.3	everybody lives.
0:57.3	It's pretty exciting that we have this core group of people that I think can help build something
1:03.4	very, very special.
1:04.6	Yeah, totally.
1:05.6	It's very cool to see the overwhelming support for it.
1:08.8	And people seem generally excited that they're going to get value from it.
1:13.8	That's the whole point of this.
1:14.8	Yeah.
1:15.8	It's still open and we have not sold out yet.
1:18.7	So if you're still interested, let us know.
1:20.8	But once it's sold, it's done.
1:22.2	So don't ask me, oh, I wish I bought one.
	...

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