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Podcast: Down Round
Episode: The Slop Farms of X
Description: This week, we open with the final chapter of Frank, the student finance startup that sold JP Morgan a fake email list. Founder Charlie Javice is in prison for fraud, but the bank is still footing a $115 million legal bill that includes everything from luxury hotels to cellulite butter. Then we move onto Nvidia, which posted another absurd quarter with revenue up 60% year-on-year. Then finally X’s new location feature, which exposed the global industry of rage-bait posters farming Elon’s ad-share program with US culture war posting from the Global South. As expected, everyone is re...