E28 Coinbase and Roblox earnings, LUNA and UST tank, Carvana layoffs, Web3 startup raises, prep for RTO, The Circle and Dr. Strange

Hi friends,

Happy Hump Day! I am back with another edition of Addition. You can watch on YouTube here:

Show notes:

00:00 Welcome and intro

00:30 Like, share, subscribe, follow

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01:59 Crypto markets

02:50 Addy’s thoughts on the crypto markets

03:11 Stock markets

03:27 How Addy is handling her first crash as a millennial

05:05 $LUNA and $UST prices continue to tank

Article: https://www.theblockcrypto.com/post/146225/luna-price-collapses-below-5-as-ust-slides-further-from-dollar-peg

Addition episode 27 on Terra, LUNA, and UST:

 

05:30 Coinbase earnings

Article: https://www.cnbc.com/2022/05/10/coinbase-coin-earnings-q1-2022.html

07:23 Why compliance costs hurt crypto companies

07:48 Roblox earnings

Article: https://www.cnbc.com/2022/05/10/roblox-rblx-earnings-q1-2022.html

09:00 Roblox’s earnings impact on metaverse bets

10:03 Web3 companies continue to raise

10:07 Moralis raises $40M Series A

Article: https://www.theblockcrypto.com/linked/146260/web3-development-platform-moralis-reels-in-40-million-in-series-a

10:44 Co:Create raises $25M seed round

Article: https://www.coindesk.com/business/2022/05/10/apecoin-for-all-cocreate-raises-25m-to-help-nft-projects-launch-tokens/ 

12:10 Carvana lays of 12% of workforce

Article: https://www.wsj.com/articles/carvana-plans-to-lay-off-12-of-workforce-as-it-closes-expansion-deal-11652202339?mod=djemalertNEWS

13:04 Why Addy is not surprised about Carvana’s losses

13:32 Why Carvana is like Zillow

14:04 Career segment

15:13 What Addy is geeked out about this week

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Thank you so much for your support!

Cheers,

Addy