
Sign up to save your podcasts
Or
Gamestop, Robinhood, Hedge funds, Reddit; there's a good chance you've been hearing these terms being thrown around, but what exactly is going on? This week, Jordan and Joshua break down the timeline events of that made Gamestop stock soar and make redditors millionaires overnight. Journalist and writer for VICE MOTHERBOARD Matthew Gault simplifies how the stock market works, what "shorting" is, the major conflicted interest with Robinhood's involvement, and how savvy redditors banded together and created this frenzy. Fellow MOTHERBOARD writer and GME investor Jason Koebler, who wrote his own explainer of the entire situation, discusses why Robinhood appealed to young investors, including the subreddit r/wallstreetbets that lead to Gamestop stock to soar, which in turn angered hedge funds who shorted the stock. Plus, Jason discusses how this seemingly David vs. Goliath story has a darker side when looking at the toxicity of wallstreetbets and what the future holds for this brave new stock market that might not fully represent the valuation of companies and the economy at large.
Follow Wild Wild Tech
Love Wild Wild Tech, but hate the ads? Subscribe to the ad-free version here!: https://wildwildtech.supercast.tech/
Instagram: https://www.instagram.com/wildwildtechpod/
Twitter: https://twitter.com/wildwildtechpod/
Learn more about your ad choices. Visit podcastchoices.com/adchoices
4.2
194194 ratings
Gamestop, Robinhood, Hedge funds, Reddit; there's a good chance you've been hearing these terms being thrown around, but what exactly is going on? This week, Jordan and Joshua break down the timeline events of that made Gamestop stock soar and make redditors millionaires overnight. Journalist and writer for VICE MOTHERBOARD Matthew Gault simplifies how the stock market works, what "shorting" is, the major conflicted interest with Robinhood's involvement, and how savvy redditors banded together and created this frenzy. Fellow MOTHERBOARD writer and GME investor Jason Koebler, who wrote his own explainer of the entire situation, discusses why Robinhood appealed to young investors, including the subreddit r/wallstreetbets that lead to Gamestop stock to soar, which in turn angered hedge funds who shorted the stock. Plus, Jason discusses how this seemingly David vs. Goliath story has a darker side when looking at the toxicity of wallstreetbets and what the future holds for this brave new stock market that might not fully represent the valuation of companies and the economy at large.
Follow Wild Wild Tech
Love Wild Wild Tech, but hate the ads? Subscribe to the ad-free version here!: https://wildwildtech.supercast.tech/
Instagram: https://www.instagram.com/wildwildtechpod/
Twitter: https://twitter.com/wildwildtechpod/
Learn more about your ad choices. Visit podcastchoices.com/adchoices
3,016 Listeners
44,077 Listeners
78,168 Listeners
32,157 Listeners
226,136 Listeners
3,678 Listeners
3,481 Listeners
3,585 Listeners
27,307 Listeners
24,093 Listeners
10,151 Listeners
113 Listeners
186 Listeners
1,250 Listeners
3,246 Listeners
5,430 Listeners
16,127 Listeners
1,575 Listeners
302 Listeners
6,720 Listeners
81 Listeners
1,006 Listeners
61 Listeners
15 Listeners
1,341 Listeners
126 Listeners
614 Listeners
162 Listeners
230 Listeners
195 Listeners
1,027 Listeners
157 Listeners
213 Listeners
641 Listeners
37 Listeners