Elon’s Making It up as He Goes

[The Daily Peel... ]() Nov 8, 2022 | Peel #333 Market Snapshot Can’t wait for the Netflix doc on the first few weeks of MuskTwit. After laying off half the company last week, Elon’s asking [a few to come back]()?? And he’s losing $4M a day. Absolute chaos on Market Street these days. Over on Wall Street, stocks powered higher to start the week after a weak October close. [image] Banana Bits - Zuck is about to can [thousands of employees]() this week in the first mass layoff since he founded Facebook - China’s C-19 Zero is [hampering production]() of the iPhone 14 - [COP27 begins](=) this week in Egypt as world leaders haggle over how to keep the Earth from literally boiling over - [Midterm campaigns]() are unleashing all they’ve got ahead of election day Find the Next Unicorn... [image]( There’s a reason that successful founders like Marc Andreesen and David Sacks go into venture capital—it’s f*cking awesome. Huge paydays without grueling hours, wearing Allbirds to work, and having the best entrepreneurs in the world grovel at your feet. What’s not to like? The only problem is breaking in. You think landing a PE interview is hard? Getting into VC is on another level. To put yourself in the best position possible, you need to know the tools of the trade. That’s why we’ve put together a VC Course that has everything you need to know about the space—cap tables, term sheets, due diligence, and venture fund structure will be second nature by the time you finish the course. Lessons containing hands-on experience from industry veterans will keep you engaged on your way to becoming a legend on Sand Hill Road. Because Daily Peel readers are important to us, we’re giving out free access to our Excel Modeling Course for the first 50 Peel readers to sign up in the next 24 hours. Don’t delay—word’s gotten out about this one-of-a-kind course, and spots are filling up fast. The next Uber is out there, waiting for funding. [Sign up today](=) and be on your way to a great lifestyle and huge exit packages. Macro Monkey Says Digging the Gig Americans have shown that they’ll sooner take on 5-figure CC debt rather than trim their lifestyles. So, to cope with inflation, more are entering the gig economy. - [6% more workers than last October]() have a side gig in addition to their day job - Zoomers are the cohort that loves gig work the most, with many cobbling enough together to ditch full-time work entirely - Adding part-time workers has helped employers survive the labor crunch somewhat, but there still aren’t enough bodies - The U.S. labor market will have to undergo a titanic shift as younger people prefer to juggle several employers rather than be beholden to one Meme of the Day [image] [Source]() What's Ripe Meta ($META) ↑ 6.53% ↑ - A wave of job cuts this week is a drop in the bucket compared to the piles of money Zuck is throwing at the metaverse - But the stock has gotten halved in the last 6 months, and investors are seeing value at these levels Natural Gas Futures (NG00) - Nat gas has been trading like a meme stock lately, and futures got a big jump after an updated forecast for frigid U.S. temps this winter - Tankers with billions in gas are [hanging out in European waters]( until prices rise, showing how insane the market is rn What's Rotten Palantir ($PLTR) ↓ 11.48% ↓ - $PLTR earned a whopping 1 penny per share in Q3, down from 4 cents a year ago - Big contracts with the military have kept it afloat, but all other revenue sources look light going into 2023 AMC Entertainment ($AMC, $APE) ↓ 5.66%, 3.82% ↓ - The Black Panther sequel comes out this week (miss u Chadwick), and AMC HODLers have their fingers crossed for a big weekend - It’s been one L after another since $APE shares were issued, and the embattled theater chain needs some good news Data Peel [image] [Source]( Thought Banana Boutta Cop Some Carbon Credits A sweating planet has gotten short shrift amid all the other global chaos in the past few years. This week at COP27 in Egypt, leaders will refocus on the pesky warming problem. - China, India, and Russia are noticeably absent, limiting the scale of change that can come out of the conference - Smaller countries will make the case that the biggest economies should pay to help them adapt and mitigate their emissions - Europe’s nat gas woes have put the energy ideal and the reality in stark contrast The big question: Will these talks end with half-hearted pledges again, or can world leaders beat the odds and emerge with some sort of aligned global strategy? Banana Brain Teaser Yesterday — What jumps higher than a building? All animals can jump higher than a building. Buildings do not jump. Today — It’s 100 bananas off the [WSO VC Course](=). LFG! Why are manholes round instead of square? Shoot us your guesses at [vyomesh@wallstreetoasis.com](mailto:vyomesh@wallstreetoasis.com?subject=Banana%20Brain%20Teaser) with the subject line “Banana Brain Teaser” or simply [click here to reply!](mailto:vyomesh@wallstreetoasis.com?subject=Banana%20Brain%20Teaser) How would you rate today’s Peel? [image]() [image]() [image](=) [All the bananas]() [Decent]() [Rotten AF]() Happy Investing, Patrick & The Daily Peel Team Was this email forwarded to you? Sign up for the WSO Daily Peel [here](. [ADVERTISE](=) // [WSO ALPHA](=) // [COURSES](=) // [LEGAL](=) Don't want The Daily Peel? [Unsubscribe here](=). Click to [Unsubscribe]( from ALL WSO content IB Oasis Corp. (aka "Wall Street Oasis") 20705 Saint Charles St Saratoga, California 95070 United States