That is insane, Block seems to be very poorly run. The headcount still seems bloated, they'll blame AI and layoff more people for their own incompetence.
After reading a book about the history of Twitter ("Hatching Twitter"), I got the impression that Jack Dorsey is a disturbed individual with a poor grasp on reality. So it's not surprising that Block is poorly run.
Prediction market creators making the case that their existing is some sort of a market efficiency play is the most laughable thing I have ever heard.
SC made a mistake in the Draft King/Fan duel saga and has unleashed the worst kind of market, takes up may too much money and time especially from young people.
I got the Kinesis Gaming split 5 years ago and honestly it has been a game changer. My wrist pain went away, takes about a week to get used to it but it has been a welcome change. I also feel like I can type faster on it.
xAI to cover X investors, SpaceX to cover xAI, us American public investors to cover SpaceX since it cannot go under for strategic reasons. Ultimate grift.
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