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How the Purpose of the Stock Market Has Changed

How the Purpose of the Stock Market Has Changed

On this week’s Long Reads Sunday, NLW reads three pieces: - Matt Levine in Bloomberg A look at how public markets are less and less about accessing new capital and more about narrative and liquidity for early investors. - Anil Lulla on CoinDesk...

The Breakdown

August 9, 202021m 23s

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Show Notes

On this week’s Long Reads Sunday, NLW reads three pieces:

Public Markets Don’t Matter Like They Used To - Matt Levine in Bloomberg

A look at how public markets are less and less about accessing new capital and more about narrative and liquidity for early investors.

Two Reasons Crypto’s Bull Market Is Coming - Anil Lulla on CoinDesk

The next bull market isn’t just about the bitcoin-dollar devaluation narrative but about decentralized finance providing a solid place to redeploy existing crypto capital.

The Business Behind Marshmello - Kevin Lee on Twitter

The unlikely story of the world’s second-highest paid DJ, including a bet on anonymity, a viral billboard making fun of Instagram influencers, and a cultural cooking channel on YouTube.