The Butterfly Effect

Welcome to the eighth episode of The Compound & Friends, a new podcast from your favorite financial and investing commentators. This week, Michael Batnick, Packy McCormick, and Downtown Josh Brown discuss:

►What Packy learned launching a venture capital fund

►Pre-IPO shares are going to be a big thing

►Is China Tech becoming uninvestable?

►Work calendars

►Will “daily pay” replace two-week paycheck cycles? Should it?

►Is the internet making us awful, or do awful people just use it more heavily?

►Axie Infinity

You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods!

Listen here:

Apple podcasts

Spotify podcasts

Google podcasts

Everywhere else! 

Follow Michael’s blog at

Follow Packy’s substack at

Standard Disclaimer

Sponsored by Masterworks, visit to jump the line