Winner Take All #159 | ARK Disowns NFLX, Decentralized Social Media, AT&T Offloads Warner
Alex kicks off the show with news of the Cathie Wood led ARK Next Generation Internet ETF selling off shares of Netflix and buying into Disney. Alex pulls a WTA clip from a month ago where he warned that Wood's decision to "buy the dip" on Netflix was a bad move. Next, discussion on AT&T's decision to sell its WarnerMedia assets and TikTok CEO Zhang Yiming "stepping down". Also covered, does Epic have a chance to beat Apple in the ongoing legal battle over app store policies, Fred Wilson talks decentralized social media, and why corporate development is a waste of time for startups.
\n00:00 - Subscribe for Tech & Business News Daily
\n00:23 - ARK sells NFLX
\n02:33 - AT&T Sells WarnerMedia
\n12:53 - ByteDance Founder Steps Down
\n14:58 - Can Epic Beat Apple?
\n23:04 - Decentralized Social Media
\n31:09 - Corp Dev Doesn't Work
Originally Aired: 05/21/21
\n#AT&T #CorpDev #NFLX