Exec Sum

The daily newsletter that curates major news spanning Wall Street to Silicon Valley, with a touch of humor and memes. Read by investment bankers, institutional investors, venture capitalists, and more.

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Recent

Back to the grind

Back in NYC following an epic week down in Miami. Met some awesome folks, got Karl blackout at the club, was appropriately sauced while crypto crashed late Friday night, and managed to get the newsletter out in time every morning.

Art Basel Faded

It's Friday, Mariah Carey has appeared from the woodwork again, Miami's streets are clogged with crypto / NFT / tech nerds, and the November jobs report is set to drop this morning.

What the Block?

Jack Dorsey took a page out of Zuck's playbook and unnecessarily changed up Square's name to "Block". The stock market (and the LitCap Yolo Fund) got them cheeks clapped hard after the first Omicron variant case was found in the US (specifically San Francisco). Investors are way too jittery on the sell button around these headlines tbh.

Inflation is not transitory

Fresh off a renomination, J Pow has now decided to acknowledge inflation is NOT transitory. If only a certain finance meme contingent had been saying this for months *cough cough* (note: the cough is not Omicron). US markets got clapped again following his statements.

"I Love Twitter"

Omicron variant, J Pow, Ghislaine Maxwell, Jack Dorsey, Markets Rebound, Art Basel Miami, and more