GM Grapeviners,
So, what happened this week in the Tech & Startup world? 🌍
We’re most of the way through our 1 month challenge to grow The Grapevine by 1,000 subscribers. Thank you to everyone who has shared the newsletter with their friends, we’ve made 591 new subscribers so far. Wow.
If you enjoy the newsletter this morning please share this link on LinkedIn and tag Louis Sutton and Nick Daley so that we can thank you!
The Grapevine Newsflash 🔥
6 tech & startup stories in 64 super short seconds.
😮 SBF Speaks Out! Sam Bankman-Fried has finally spoken out in an hour interview with The New York Times. The big question at this point is if he’s an ignorant kid, or if he deliberately committed a multi billion $ fraud. Bill Ackman tweeted here and Kevin O’Leary tweeted here in his support. Check out the video to make up your own mind.
😔 Kraken Lays Off 30%. Prominent crypto exchange Kraken has laid off 30% of its workforce. This is very sad (obviously), but it’s important to put that figure in the context of growth. This layoff takes Kraken back to the size they were 12 months back. You can read the fully story here.
🌱 Huel Raises $24m. The plant based nutrition company has raised a bunch of new capital at a $560m valuation. Its last reported revenue was about $170m over a 12 month period. We’ve got too say that their pre-made drinks are delicious. We’re hoping Huel goes from strength to strength. Take a look here.
❤️ The Greatest! Apple never misses with its marketing. Check out their latest advert around accessibility. This is a truly beautiful ad.
🧠 Neuralink is Coming! Elon Musks brain-computer interface company could see its first human trial within six months. The most recent demo saw a Monkey typing out ‘Welcome to show and tell’ using an implanted neuralink chip. Have a full read here.
📈 Stripe Enters Web3! The payments giant has launched an embeddable fiat-to-crypto widget. Check out their announcement in their tweet below 👇
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Over & Out,
Nick & Louis