The Good News, Bad News, Week
--
By Keith Teare • Issue #312 • View online
34 new unicorns in May and three new decacorns. It’s the best time in 5 years to be a VC? But Tiger is down 52%, 15–20,000 tech workers have been laid off and Sheryl Sandberg is leaving Facebook. It’s a good news, bad news, week.
Content
34 new Unicorns
Salesforce growth accelerating
Startup valuations are “highly attractive”
Money flows to private equity
It’s the best time to be a VC
Chipotle accepts crypto as payment
US insurers like crypto as an investment
FTX is growing
Binance is investing
Securitize tokenizes $500m fund
SEC wants ESG claims to be backed up
Tiger down 52% year to date
15,000 tech layoffs in May
Sheryl Sandberg leaves Meta
Supreme Court sides against Texas on censorship
Young Rich Anti-Capitalists
Gil Dibner
Editorial
First published Fri Jun 3, 2016; substantive revision Fri Oct 2, 2020
“Dialectics” is a term used to describe a method of philosophical argument that involves some sort of contradictory process between opposing sides. In what is perhaps the most classic version of “dialectics”, the ancient Greek philosopher, Plato (see entry on Plato), for instance, presented his philosophical argument as a back-and-forth dialogue or debate, generally between the character of Socrates, on one side, and some person or group of people to whom Socrates was talking (his interlocutors), on the other. In the course of the dialogues, Socrates’ interlocutors propose definitions of philosophical concepts or express views that Socrates challenges or opposes. The back-and-forth debate between opposing sides produces a kind of linear progression or…