Never Doubted, Back Up, Jobs Boom, Hedge Funds Explode, Cybertruck Scrapped
TBPN's John Coogan and Jordi Hays unpack a $2.5 trillion tech selloff, a strong jobs report and the Cybertruck's end, with guests from Figma, Zipline, Julius AI, Siegelman Stable and biotech investing.
The gist
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After a $2.5 trillion tech selloff, the hosts cheer October's 165,000 new jobs, far above the 59,000 forecast, with unemployment at 4.1%.
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Figma CFO Praveer Melwani reports $391 million in quarterly revenue, 43% growth, and an MCP server passing one million weekly active users.
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Zipline's Keller Cliffton announces $1.5 billion raised at a $21.5 billion valuation and a Walmart deal starting with 300 Supercenters.
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Max Siegelman says his brand began with $300 of hats embroidered on OTTO 069 blanks and grew through pop-ups and unpaid athlete fans.
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Biotech investor Wallock says AI will cut drug development time slowly, and warns China now supplies double-digit percentages of big pharma's new drugs.
"I was like, 'Oh, I like this blank.' I can remember OTTO 069. That's the blank I bought. That's what I embroidered on. A ton of brands use it for merch for a restaurant or whoever."
▶ Play at 1:38:47What they recommend · 1 pick
"I was like, 'Oh, I like this blank.' I can remember OTTO 069. That's the blank I bought. That's what I embroidered on. A ton of brands use it for merch for a restaurant or whoever."
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