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subtl daily briefing
Latest Developments
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Everything else in the news today
Senate blocked the CLARITY Act 49-50, while the SEC and CFTC advanced crypto rulemaking without Congress.→
SEC cleared tokenized stocks for onchain trading, and Circle launched Arc mainnet with BlackRock, DTCC, and Visa producing blocks.→
Bitcoin rallied to $81,000, leading a broad crypto surge with NEAR, Starknet, and Arbitrum up over 25%.→
ServiceTitan fell 30% in one day despite beating revenue and EPS expectations, due to a guided back-half growth slowdown to mid-teens.→
ICONIQ says great B2B+AI companies show 115% growth at $100M+ ARR, 55% gross margins, and $655K revenue per employee.→
ElevenLabs used a strategic grants program to kill competitors and later upsell customers, crushing rivals.→
Peter Sellis, first PM at Snapchat and former Head of Product at Discord, shares 97 minutes of unfiltered product advice in the latest podcast episode→
Peter argues growth almost always comes from the core product, not new features or side experiments→
Peter defines his three 'oxymorons' of a truly great PM and explains why the median PM is bad→
US startups hit record 5.5M new applications and record shutdowns, fueling a business in sunsetting startups.→
Greenway Institute pitches no-frills college with only 'A degree. A job. No debt.'→
Lab-grown diamonds sell in seconds via gamified live auctions on TikTok.→