Good morning everyone. Yesterday’s chat was so fun, almost 300 people contributed to the conversation. I think more than anything, I’m touched by the vulnerability and openness this whole community (sorry) brings to those conversations. Today’s letter includes how influencers are monetizing their privacy, the reason guys who work in finance are actually bailing on dates, and the truth about the drug-sniffing security dogs.
NEWS:
A24 has raised its second round of equity financing, led by Josh Kushner’s Thrive Capital. The investment values A24 at about $3.5B, about 40% above the valuation of the studio’s last fund-raising round. As part of the investment, Kushner will join A24’s board. “In A24, we see a company bringing extraordinary talent and creativity together with business model and technology innovation to reinvent entertainment for the modern age,” his firm said in a statement. I noticed over the weekend that half of the movies A24 is promoting that are coming out in the second half of 2024 are horror.
Fellas, is it gay to smoke a contaminated “Orange Cookies” vape? California cannabis regulators on Tuesday issued the state’s first recall of a pesticide-tainted weed product following a Los Angeles Times investigation disclosing dangerous contamination in the state’s legal cannabis supplies.
A few week ago I wrote that Hallie Batchelder was joining Alex Cooper’s podcast network, but now it’s official. I’d also like to point out that on Monday we were debating where Alex Cooper could possibly move her network if they’re not signing another ad deal with Spotify. Unwell follows ten Instagram accounts - 9 are her own talent’s accounts or show accounts. 1 is Netflix.