Mon. 07/18 – It’s Vibe Shifts All The Way Down

Everything we cover is in a full vibe shift of… pulling back. Coinbase sent some eyebrows up over the weekend, but insolvency is off the table. Right? Right? Adam Newmann’s crypto startup is hitting the pause button. All the rapid delivery startups that flooded New York City last year seem to be done. Poof. And is Silicon Valley itself definitively shrinking?

Sponsors:

• Zapier.com/ride
• Gusto.com/ride

Links:

• Snap launches Snapchat for Web to bring the app's core features to desktop (TechCrunch)
• Leaked emails: Crypto exchange Coinbase is 'temporarily shutting down' its US affiliate-marketing program (Insider)
• Coinbase stirs rumors of liquidity woes as it halts affiliate-marketing program (Insider Bitcoins)
• Crypto Crash Stalls WeWork Founder Adam Neumann’s Climate Venture (WSJ)
• The Speedy Downfall of Rapid Delivery Startups (Wired)
• Tiger Global-backed Missfresh faces fight for survival (FT)
• 71 Cities and Towns Are Paying Tech Workers to Abandon Silicon Valley. It’s Working. (WSJ)