Show notes
Alex starts the show with a quick look at Poshmark, a fashion marketplace whose stock has sharply fallen since touching the $100+ mark on IPO day. After breaking down if $POSH is more fairly valued in the ~$40 range, a quick ranking of the tech giants in FAMGA (Facebook, Amazon, Microsoft, Google, and Apple) is given before diving into the current regulatory environment for tech. Also covered, what regulatory capture is, the Chinese government restricting government workers from driving Tesla vehicles, and Palantir CEO Alex Karp's commentary on U.S. tech companies lack of willingness to work with the U.S. government. The show closes with a short breakdown of how take rates work in platform businesses.00:00 - Subscribe for Tech & Business News Daily 00:18 - $POSH Stock Update 01:20 - FAMGA Breakdown 05:33 - Is Tech Regulation a Short-Mid Term Threat? 11:35 - Regulatory Capture 15:26 - Tech Companies + U.S. Gov Work 16:26 - Comments From Palantir CEO 22:36 - Former TikTok CEO Kevin Mayer CNBC Interview 31:58 - China Restricts Teslas for State Employees 34:01 - What is a Take Rate?Originally Aired: 03/26/21#RegulatoryCapture #PalantirCEO #FAANG
