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0/ $BTC "closed" April (-1.8%) the first negative month since September snapping the 1st 6 consecutive positive month streak since Nov '12-April '13. It was the first negative April since

0/ $BTC is exhibiting bottom 10% trailing 2-10D performance including the worst 5D move in $BTC since 2/26 and prior to that March 12-16 of last year which included Black

0/ The retail bid has disappeared from the SPAC market which was an anomaly itself as opposed to the norm. This has caused SPACs with & without deals (prior to

0/ The WSJ is reporting that $RBAC (Billy Beane & Gerry Cardinale SPAC) is in talks to take Fenway Sports Group (which owns the @RedSox & @LFC) public in a

0/ $IPOC announced the acquisition of Clover Health for $3.7B inclusive of a $400M PIPE (w/ $100M from @chamath). This values the company at 4.2x EV/Rev & 2.1x '23 revenue.

0/ $BTC finished September (-7.8%) its first down month since June. On the year it's +50.3%. October has historically been a strong month with an average / median performance of +20.8%

We just published a new piece entitled "Recurring Revenue: The Rise of an Asset Class" highlighting the work that @HarryHurst & the @Pipe team are doing. https://medium.com/@John_Street_Capital/recurring-revenue-the-rise-of

1/ If $AAPL really wants to make a splash in fitness they should roll up $NLS, @Hydrow_by_CREW, & @tonal & have a complete end-to-end product offering integrated with the AAPL Watch +

0/ In early May we wrote about COVID-19 as a societal accelerant and highlighted at home fitness. $PTON was capturing the headlines (up 50% YTD at the time) but microcap