Hey, back in New York fresh from our Texas corporate offsite. What a week! Will post some pics this weekend.
In the meantime, three things I wanted to put on your radar…
First of all, today’s op-ed by Facebook co-founder Chris Hughes is today’s must-read. This is going to be read (or skimmed) by everyone in Congress who cares about these issues and will be the talk of the tech and financial media today. He makes the case that the young man he knew, Mark Zuckerberg, has lost control of Facebook’s effect on society and, as such, the monopoly FB has needs to be broken up.
Read it here for yourself:
It’s Time to Break Up Facebook (New York Times)
Also, the massive Uber IPO is pricing tonight for a debut tomorrow morning on the open market. This is the moment millions of investors have been waiting for. The Wall Street Journal says that if it prices at the midpoint of the expected range (around $47 per share), the company could be worth $86 billion upon the first trade. And then, anything can happen!
Here’s the latest:
Uber Set to Price IPO at Midpoint of Target Range or Below (WSJ)
Finally, tomorrow morning, from 11am til 11:30am ET, I’m hosting a live video chat on Twitter, answering questions on two topics – market volatility and how investors should think about the Uber IPO. Hit the link below to ask a question or two watch us go at it live. I really enjoy this format and the first version we did a few weeks back had a lot of engagement.
How should investors react to volatility in the markets? What should you know about Uber’s IPO? We’ll be LIVE with @ReformedBroker and co-host @TheDomino taking your questions, Friday at 11 a.m. ET here on Twitter. Reply to this tweet with your questions! #InvestInYou pic.twitter.com/IhfWp7K45X
— CNBC (@CNBC) May 8, 2019
Okay, back soon.
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