Post1My article (londonessays.com (Links to an external site.)) is about how Tesla decided to buy $1.5B of Bitcoin. The article explains how the company filed with the SEC and how they plan to accept Bitcoin as payment. I think that this move legitimizes Bitcoin in a new way. While previously there was institutional backing by some investment funds, the corporate shift towards accepting Bitcoin will revolutionize this inherently anti-inflation based currency options. As we move forward it will be interested to see if more companies follow suit in either a balance sheet item or as acceptable payment.Do you guys see more companies accepting cryptocurrencies in the future or adding it to their balance sheets?What do you believe are the biggest risks in doing so?Post2londonessays.com (Links to an external site.)The articles discusses the series of events that took place during the blast off and crash back to earth of Gamestocks stock (GME). It explains the Reddit users mentality of their volatile money, and their sentiments at the beginning, middle, and end of the week. It shows the potential growth throughout the short-lived journey of a certain amount of money. I also think its a funny play on the lack of financial sophistication that these individuals have, and the lack of awareness of consequences that they may very well face in the near future. Anybody involved in trading Gamestop, or AMC? How did you feel throughout the process?What is your opinion on the WSB people? Do hedge funds do the exact same thing, bu
t more covert? Should what they did be legal, or clearly manipulation? Opinion on the little guy vs the big guy?Post3My article londonessays.com (Links to an external site.) discusses Bumbles IPO this week. Founder and CEO Whitney Wolfe Herd overcame the odds as a woman and was able to get her company all the way through to going public. The initial offering values the company at over $7 billion. For those of you who may not be familiar with the app, Bumble takes the traditional dating swipe and puts women in the drivers seat by only allowing them to start a discussion first. Female founded companies struggle to receive the same funding that their male counterparts receive, even though for every $1 invested, woman-led start-ups raise $.78 while male led start-ups only raise $.31. In 2020, the gap in funding only increased, with investments in women falling 27%, despite global venture funding rising 13%. The root of this likely lies in the makeup of venture capital firms themselves. Women only account for 13% of decision makers at these firms. By increasing the diversity at these firms, they hopefully will be able to invest in a more diverse array of companies.Why do you think that investments in woman-led companies decreased in 2020? Do you think venture capital firms have a duty to actively seek out women (and more diverse people in general) to work at their firms?Do you think that women-focused venture capital firms, like Her Capital, are the key to properly raising initial funds for these companies?