Today we're scoffing about Newsom's decision to fully reopen Los Angeles June 15th, the $900 billion worth of online sales in the U.S. in 2020, the 80,000 retail stores that UBS predicts will close by 2026, Topp's SPAC deal with Mudrick Capital Acquisition, ESPN's decision to fire Paul Pierce over a social media video, As Seen on Social, and more.

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Strokes and Scoffs – Group Chat News 4.6.21

• A Group Chat exclusive interview with a friend of the pod, Vice. They discuss the Mile-A-Day Challenge, his new job, and much more. [2:18]
• California is back baby! [17:42]
• Just a group of friends stroking together. [20:24]
• Pancapitalist podcast is coming! [28:40]
• Ecommerce versus retail: Who is here to stay? [30:42]
• Ad Break. [37:55]
• The fallout from hedge fund Archegos Capital collapse. [39:46]
• Have SPAC’s fallen out of favor in the public markets? [51:24]
• Coinbase going public is nothing to scoff at. [53:50]
• Paul Pierce playing checkers with Disney and the mouse got fooled! [1:08:53]
• As Seen on Social. [1:16:43]
• Group Chat Shout Outs. [1:24:42]

Related Links/Products Mentioned

• Newsom says California will 'fully reopen' on June 15
• Consumers spent $900 billion more online in 2020. Here's who will keep the biggest gains
• How many hedge funds are a margin call away from Archegos-style implosion?
• More retail pain ahead: UBS predicts 80,000 stores will close in the U.S. by 2026
• Credit Suisse execs out as bank takes $4.7 billion hit from hedge fund collapse
• Topps Going Public Through SPAC Deal With Mudrick Capital Acquisition
• WeWork: or The Making and Breaking of a $47 ... - hulu.com
• Coinbase estimates Q1 revenue jumped nine-fold to about $1.8 billion ahead of public market debut
• Clubhouse Reportedly Thinks It's Worth $4 Billion Now
• ESPN fires NBA analyst Paul Pierce after he posted a video of himself 'smoking a blunt' while half-naked women twerked in the background
• Revenge Of The Winklevii - forbes.com
• YouTube declines to ban video with anti-Asian lyrics amid staff outcry

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