Show notes
Shane is joined by Kody Sherlund for a packed episode covering surveillance cameras, rocket ships, World Cup tax bills, and why the millennial generation is splitting into two very different financial realities. They kick off with the Flock Safety CEO speaking out after the LAPD suspended use of the company's surveillance cameras, and why Shane thinks "we just read license plates" is not the whole story. Then it's on to Anthropic's unusual plan to allow all employees to submit 10b5-1 trading plans post-IPO, what that actually means for the thousands of people sitting on life-changing equity, and why it is a smarter approach than a traditional lockup. Then they dig into the SpaceX IPO, now one of the worst-performing large IPOs in recent history, down 30% to 40% from its peak and sitting well below its debut price. Shane and Kody break down who was really selling at $200 and who is holding the bag. They also get into Spain, potentially owing the IRS a chunk of its $50 million World Cup prize, the corruption history of FIFA, and new Fed research showing that millennial homeownership and wealth are splitting dramatically based on when you were able to buy a home. Topics covered: Flock Safety CEO speaks out after LAPD suspends its surveillance cameras Why license plate data is more revealing than Flock wants you to think Anthropic's plan to allow all employees to submit 10b5-1 trading plans post-IPO How 10b5-1 plans work and why they are better than a traditional lockup SpaceX IPO: down 30% to 40% from its peak, and why retail investors are holding the bag Spain potentially owes the IRS a cut of its $50 million World Cup prize FIFA's corruption history and why it never got a US tax exemption New Fed research on the millennial wealth split and the housing supply problem Timestamps: 00:00 Intro, dog days of summer, wedding planning, and the USS Midway 04:15 Flock Safety CEO speaks out after LAPD suspends its surveillance cameras 07:30 Why license plate data is more revealing than Flock wants you to think 10:45 Anthropic considers allowing all employees to submit 10b5-1 trading plans 14:00 How 10b5-1 plans work and why they are smarter than a traditional lockup 18:30 SpaceX IPO: one of the worst large IPOs in recent history 21:00 Who was really selling at $200 and who is holding the bag 24:00 Spain could owe the IRS a cut of its $50 million World Cup prize 26:30 FIFA's corruption history and the hotel lobby bust in Zurich 29:30 New Fed research on the millennial wealth split and the housing supply problem 🔔 Subscribe to The Liquidity Event on YouTube: YouTube Channel 🌐 Learn more about Brooklyn FI financial planning: brooklynfi.com ✍️ Leave us a voicemail question for a future episode: memo.fm/theliquidityevent 📱 Follow Brooklyn FI: LinkedIn: / brooklyn-fi Instagram: / brooklyn_f.i