Closing Bell Overtime: Andreessen Horowitzs Katherine Boyle On Investing In American Dynamism; Unity Software CEO On Strong Quarter 5/11/23
Dow closed lower today, dragged down by Disney. The S&P 500 also fell while the Nasdaq ended in the green. 248 Ventures\u2019 Lindsey Bell and Annandale Capital\u2019s George Seay talk today\u2019s market action. CFPB Director Rohit Chopra, who sits on the FDIC Board, discusses the FDIC\u2019s proposal to replenish its $16B hole in deposit insurance after a string of bank failures. He also talks the CFPB\u2019s new guidelines for personal financial data. Unity Software popped after a strong quarterly report; CEO John Riccitiello discusses what\u2019s next. Andreessen Horowitz\u2019s Katherine Boyle joins on the firm\u2019s new investing in \u201cAmerican Dynamism\u201d fund and why founders are excited to invest in companies that move America\u2019s institutions forward. Plus, MoffettNathanson\u2019s Michael Nathanson talks the Disney bull case after its worst day in six months.