Happy Friday! $4 in NYC, and I'm feeling inspired after $4 trying to force his way into a Tampa strip club.
Fun fact of the day: Cleopatra (VII) was born $4
Today, we've got stories on $4, $4, and $4.
But first, it's a fixer-upper...but it's got a great set of bones.
If this was forwarded to you, sign up here>$4. Download Insider's app here>$4.
1. only.>$4
Of the many casualties of 2022, startups focusing on the real-estate market were some of the biggest.
As the real-estate market dried up, thanks to rising interest rates, these companies that were meant to upend the industry through tech and innovation suddenly took a backseat. Investments into property-technology, or proptechs, startups $4 compared with the year prior.
But, $4 "What is dead may never die, but rises again harder and stronger."
That's why it's worth checking out $4 compiled by Insider's real-estate and climate teams.
The list, which was based on recommendations from venture capitalists, provides some interesting color on where the industry still sees promise despite being in the midst of a market drought.
And while current conditions aren't ideal for proptech startups, that could actually benefit them in the long run. Being able to weather the storm, or even find success, while other firms struggle could help a startup to really excel when the market eventually (hopefully) shifts.
In other news:
2. Block falls like a brick. Short-seller Hindenburg Research released an investigation alleging Jack Dorsey's Block has misled investors with inflated metrics for its consumer-facing Cash App. Block's stock dropped 15% on Thursday as a result. $4 And if you're looking for the highlights from the report, $4
3. Next up: Deutsche Bank. The German bank's shares plunged on Friday as the banking madness rolled on. Deutsche's credit default swaps, which act as insurance against default, had surged on Thursday night. $4.
4. $4 Wanna know the toughest job in banking? The person tasked with telling firms to take less risks, even if means they won't make as much money. The Wall Street Journal has a fascinating look at the role of chief risk officer, a position Silicon Valley Bank didn't fill for much of 2022. Oops. $4
5. Generation Charge It. Gen Z is in the unfortunate position of racking up debt while simultaneously falling behind on payments faster than any of their predecessors. $4
6. If you run a nonprofit, MacKenzie Scott would like to hear from you. Jeff Bezos' ex-wife has a $250 million pot of cash she's looking to donate. Scott's organization, Yield Giving, put out an "open call" for non-profits to make the case for receiving a donation. $4
7. $4 Ben Affleck and Matt Damon said they actually shared a bank account when they were coming up together as struggling actors. $4
8. More bad news if you're looking to buy a house. I gave you the half-full perspective, but here's a counter argument from someone much smarter than me. A top homebuilder CEO said it'll be tough to make a "big dent" in the current housing shortage "over the next several years." $4
9. It's more than a game. Some of the top VCs focused on sports told us they're keen to make some deals with their new funds. $4
10. Some advice for not pissing off your flight attendant. There's been lots of discourse this year on airplane etiquette. Listen to the professionals, and follow this advice of a veteran flight attendant on what to do before, during, and after your flight. $4
Curated by Dan DeFrancesco in New York. Feedback or tips? Email ddefrancesco@insider.com, tweet $4, or $4. Edited by Jeffrey Cane (tweet @jeffrey_cane>$4) in New York and Nathan Rennolds (tweet $4) in London.