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- 🍪 The biggest crypto losers of 2022
🍪 The biggest crypto losers of 2022
Happy new year, friends. It’s that lovely time of year when we’re all still pretending this is the year we’re finally gonna stop eating hot cheetos for breakfast.
It’s been a slow week, so let’s ease back into it.
In the oven this week:
💸 The biggest crypto losers of 2022
💬 Poll of the week: who gives up on new year's resolutions?
🍪 Cookie crumbs: bite sized headlines
🍫 Chocolate chips: our 4 favorite finds to help you crush 2023
😂 Snickerdoodles: new year, new memes
FRESHLY BAKED
WHICH CRYPTO BILLIONAIRES LOST THE MOST IN 2022?
It ain't easy to make billions of dollars, but it seems pretty easy to lose it.
If you thought your bank account took an L in 2022, here's how the richest guys in crypto fared:
No one was spared.
We’ve got the FTX guys, who screwed themselves and had to move in with their parents after posting a $250M bail, CZ, the CEO of Binance, whose wealth is tied to his stake in the company, and Brian Armstrong, the CEO of Coinbase, who’s still trying to convince us that he’s different from all the other failed crypto exchanges.
And then we got Barry Silbert, who was head of DCG, which is saddled with $1.1B in debt and whose subsidiary Genesis (crypto lending platform) owes creditors $1.8B. 😵💫
It's a good year not to be Barry.
THE BIG PIZOOKIE
POLL: NEW YEARS RESOLUTIONS
What percentage of people give up on their new year's resolutions by February?
Take a vote - no peeking! 👇🏽 |
Answer's at the bottom of this email.
A MESSAGE FROM MORNING BREW
LEARN SOMETHING NEW EVERY DAY
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COOKIE CRUMBS
BITE SIZED TREATS
Doordash can return your packages for you now. It’s introducing "Package pickup," which lets you request a driver to come pick up and drop off your packages at UPS, FedEx, or USPS. It's 5 bucks for standard users and 3 bucks for those with DashPass, and you can get up to five packages picked up and dropped off at a time. Nice if you’re a chronic shopper and return-er like us ;)
SBF plead not guilty to fraud on Tuesday. It's about to be a tough ride for him, considering his two main minions Caroline Ellison (CEO of Alameda) and Zixiao Wang (FTX co-founder) have already plead guilty to federal fraud and are “cooperating with the investigation” (gee, wonder what that means…🧐)
Shopify is getting rid of meetings. They just implemented a company policy to clear all recurring meetings with 3+ people because, according to the CEO, "no one joined Shopify to sit in meetings."
Meta’s not backing down from the metaverse. For its next AR play, it acquired Luxexcel this week, a company that 3D prints prescription glasses. Meta's CTO Boz wrote this week that their metaverse investments make up about 20% of Meta’s overall investments, while 80% still goes towards their core business.
2023 is looking to be a great year to buy a car. JP Morgan forecasts new and used car prices to decline this year, with used car prices declining 10-20% and new car prices declining by 2.5-5%.
CHOCOLATE CHIPS
OUR FAVORITE FINDS THIS WEEK
Executive coach Katia Verresen (who coaches C-suite execs from Coinbase, Airbnb, Meta, Google, etc.) released her structured year end reflection exercise as a gift for Bite Sized Beta readers to help ya set the tone for the new year. Password: happy2023. That’s right, it ain’t all just memes up in here. Who says we don’t share useful stuff??
An oldie but goodie: Paul Graham on how to come up with startup ideas.
10 competitive advantages that you can start developing today.
It’s 2023 - we ain’t responding to emails anymore. This dude built an AI email responder so you can get to inbox zero faster. We’re leveling up, baby!!
FROM THE COOKIE JAR
TWEET OF THE WEEK
Before you get on Goodreads and shout your 2023 reading goal from the rooftops, here's some food for thought:
If you had a year to live, would you read any business books?
— Khe Hy (@khemaridh)
Mar 27, 2022
Most of us have a lot more than a year to live, but it's a good reminder to take time to read for pleasure too. Not everything's gotta be a life hack.
SNICKERDOODLES
THURSDAY MEMES
😂
ANSWER
80%. Womp womp.
That's all we got for ya this week, folks. See ya next Thursday!
If you enjoyed this, we'd love it if you'd fwd to a friend! Spread some of that "new year new me" vibe for us. 🙏🏾
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