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.

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Originally Aired: 03/26/21

#RegulatoryCapture #PalantirCEO #FAANG