Will Big Tech Enable or Destroy Small Business? Feat. Sahil Bloom

Will Big Tech Enable or Destroy Small Business? Feat. Sahil Bloom

More than 50% of COVID-19 related business closures in the US are now permanent. Can tech platforms provide a new avenue for small biz entrepreneurship?

Today on the Brief:

  • Disappointing jobless claim numbers with first increase in 4 months
  • US banks now allows to custody crypto
  • Senate hears arguments for a digital dollar in the context of US-China economic competition

Our main conversation with Sahil Bloom

Sahil Bloom is an investor with Altamont Capital Partners and a prolific author of financial literacy Twitter threads. 

In this conversation, he and NLW discuss:

  • Today’s jobless claims
  • Long term economic impacts from COVID in the travel industry
  • “Forced efficiency realization” 
  • How remote work opens white collar professionals to global competition 
  • Whether tech platforms are a destructive or enabling force for small business 
  • Why financial education is essential and sorely lacking
  • Why the Robinhood rally crowd represents a positive opportunity for bringing new voices into the markets

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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