Friday, Feb. 23rd

5 Things You Need To Know Today

February 23, 2024

Happy Friday CEO!

These 5 things happened while you were growing your empire…

1. 😬 Reddit Worried About r/WallStreetBets

We have more details on Reddit’s IPO filing and it turns out one of their concerns is their own stock-obsessed users on r/WallSteetsBets. Those are the same users that made GameStop a meme stock. Read more here.

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2. 🙈 AT&T Botched Update

We now know that yesterday’s massive AT&T outage wasn’t due to a cyberattack, but rather a botched update related to a network expansion. It was a big enough outage that the FCC got involved. Read more here.

3. 🚀 Intuitive Machines Stock Rocketed

News of Intuitive Machine’s (mostly) successful moon landing sent their stock soaring on Friday by 16%. The company has a market valuation of about $1 billion. Read more here.

🛠️ Things Worth Checking Out

1 - 🌎 Want to scale your team but don't have a huge budget? Sagan Passport's talent placement subscription gives you access to 20,000+ of the highest caliber overseas talent at a fraction the cost of US employees' salaries. Get $1,000 credit here →

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4. 🤑 Nvidia CEO Raked It In

It’s been a wild week for Nvidia, first with a stock dip then a major comeback. For CEO Jensen Huang, it meant getting a whopping $10 billion richer. Read more here.

5. 💀 Is Digital Media Dead?

With Vice and BuzzFeed announcing huge layoffs (again) it seems like the digital media revolution of the 2010s is all but dead. They’ve gone from thriving to barely surviving. Read more here.

Bonus. CEO Tip Of The Day

Ghosting candidates has become a huge problem. Here’s why it’s happening and how to avoid it.

Did you learn something new or impactful?

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