Three Things (4/25)
Apr 25, 2022
The below content and projections are the opinion of the authors. Any conclusions or takeaways are their own. This should not be considered as investment advice. Investing involves the risk of loss and returns are not guaranteed.
1) Stripe introduces crypto payouts as cryptocurrency adoption continues to broaden
- Stripe Connect users will initially be able to support payouts in USDC, the Polygon-based stablecoin.
- The company plans to add support for additional networks and currencies over time.
- Stripe is piloting this program with Twitter, which already allows users to monetize Spaces and Super Followers using the Connect platform.
Titan’s Takeaway: For investors, crypto assets most often garner interest given “store of value” characteristics or portfolio diversification. And while we don’t expect ubiquitous crypto payments in the near term, for the general public these payment use cases make the asset class much less abstract and a positive for overall adoption.
2) Instagram tests new “Templates” feature in Reels as efforts to take on TikTok ramp up
- This product would allow users to replicate the cuts and editing of a Reel using their own photos or video.
- This test comes as Instagram tries to push for more creation of Reels on the app directly, rather than having users just repost videos from TikTok to their page.
- Earlier this year, Meta Platforms disclosed that Reels is its fastest-growing format globally.
Titan’s Takeaway: As both consumers of Instagram and investors in Meta Platforms, the company’s push towards increasing Reels engagement and creation has been unmissable in the last several months. And when Meta discloses its quarterly earnings this coming week, we expect Reels to be one of the biggest topics of conversation as the company responds to its latest competitive threat.
3) Netflix share decline pressures comp as employees push for extra option grants to offset losses
- The Information reports Netflix’s share price decline this week wiped out the value of all stock options issued to Netflix employees since 2018.
- Staff pressed management on issuing additional grants to offset losses in a meeting last week.
- Netflix allows employees to decide their own compensation mix of stock and cash.
Titan’s Takeaway: Stock prices can seem random and abstract, but a rise or fall in any company’s share price has an impact on its day-to-day operations. And while management might tell employees not to worry about markets overshooting up or down, there is a direction that share prices can force staff to take a pay cut — and it’s not up.
Cash Management
© Copyright 2024 Titan Global Capital Management USA LLC. All Rights Reserved.
Titan Global Capital Management USA LLC ("Titan") is an investment adviser registered with the Securities and Exchange Commission (“SEC”). By using this website, you accept and agree to Titan’s Terms of Use and Privacy Policy. Titan’s investment advisory services are available only to residents of the United States in jurisdictions where Titan is registered. Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities or investment products. Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections are hypothetical in nature and may not reflect actual future performance. Account holdings and other information provided are for illustrative purposes only and are not to be considered investment recommendations. The content on this website is for informational purposes only and does not constitute a comprehensive description of Titan’s investment advisory services.
Please refer to Titan's Program Brochure for important additional information. Certain investments are not suitable for all investors. Before investing, you should consider your investment objectives and any fees charged by Titan. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested, including principal. Brokerage services are provided to Titan Clients by Titan Global Technologies LLC and Apex Clearing Corporation, both registered broker-dealers and members of FINRA/SIPC. For more information, visit our disclosures page. You may check the background of these firms by visiting FINRA's BrokerCheck.
Various Registered Investment Company products (“Third Party Funds”) offered by third party fund families and investment companies are made available on the platform. Some of these Third Party Funds are offered through Titan Global Technologies LLC. Other Third Party Funds are offered to advisory clients by Titan. Before investing in such Third Party Funds you should consult the specific supplemental information available for each product. Please refer to Titan's Program Brochure for important additional information. Certain Third Party Funds that are available on Titan’s platform are interval funds. Investments in interval funds are highly speculative and subject to a lack of liquidity that is generally available in other types of investments. Actual investment return and principal value is likely to fluctuate and may depreciate in value when redeemed. Liquidity and distributions are not guaranteed, and are subject to availability at the discretion of the Third Party Fund.
The cash sweep program is made available in coordination with Apex Clearing Corporation through Titan Global Technologies LLC. Please visit www.titan.com/legal for applicable terms and conditions and important disclosures.
Cryptocurrency advisory services are provided by Titan.
Information provided by Titan Support is for informational and general educational purposes only and is not investment or financial advice.
Contact Titan at support@titan.com. 508 LaGuardia Place NY, NY 10012.