Infinite Loops

The IPO is Dead, Long Live the Faux-P-O


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Welcome to another episode of everyone’s favorite ramshackle financial podcast. Shane is out this week so we’ve got Mr. Kurtis in the hot seat. Big billionaire news this week as the founder of the puffy financial bro vest company Patagonia decides to give away his three billion dollar fortune. That’s nice of him. Speaking of nice billionaires, we’ve got the Adobe acquisition of Figma for a cool $20 billion. AJ has some thoughts about the transaction and how it will impact employees who have stock options. This one is priceless.

Links

Ethereum switches to proof-of-stake consensus after completing The Merge

Ethereum completes the “Merge,” which ends mining and cuts energy use by 99.95%

Bank of America to offer zero-down payment mortgages in certain Black and Hispanic communities | CNN Business

Billionaire No More: Patagonia Founder Gives Away the Company

How about that $20B Figma-Adobe deal?

PayPal Mafia Lands Another Hit With Adobe’s $20 Billion Figma Acquisition

 

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Infinite LoopsBy Jim O'Shaughnessy

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