Corporate Gossip

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We're willing to bet that there's a 92% chance that Prediction Markets are a pyramid scheme!
Prediction markets like Kalshi and Polymarket are EVERYWHERE. Are the the future of democracy powered by collective wisdom? OR just another product of the 30 under 30 grift factory?
Thanks to our sponsor Orange Marketing
You should hire Jennifer Tisdale!
Pictures
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Timestamps:
00:00 - An orgy at a SF Area tech convention?? WHO COULD HAVE GUESSED!!!
11:30 - BREAKING NEWS: A group of isolated white 20 something men with a high risk appetite have it all figured out!
21:00 - It's not called insider trading, it's called "having an edge"
35:00 - Do you like my new app? I designed it on the toilet
53:00 - Good News: Meta on trial 
Links:
Resources for problem gambling
The Wager That Betting Can Change the World
The CEOs of Kalshi and Polymarket Are Betting On the Most Hated Experiment in Business
They quit their day jobs to bet on current events. A look inside the prediction market mania
Polymarket shouldn't allow people to profit by betting on the L.A. firestorm
On Polymarket, 'privileged' users made millions betting on war strikes and diplomatic strategy. What did they know beforehand?
America's financial markets are ready for a golden age
Email our good news correspondant with tips: [email protected]
Good News: Social media companies face legal reckoning over mental health harms to children

Palantir - a new custom hellscape or same sh*t different toilet? Has Silicon Valley gone completely red-pilled or was technofacism in the valley's DNA all along? Adam and Becca trace the cookie crumbs from a pioneering mid-century nobel prize winning white supremacist to the post-9/11 origins of Palantir and ultimately meet CEO Alex Karp. Lately, he's been hitting the eject button on his own brain and twisting himself into pretzels both physically and metaphorically to justify his belief that he personally should be rich and successful!
Toronto Copy Editing (Use code OLD-F for 10% off!) 
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Submit a good news story by email to our good news correspondent [email protected]
Links: 
Democrats Drove Silicon Valley Into Trump's Arms
How a racist genius created Silicon Valley by being a terrible boss
Headed for technofascism': the rightwing roots of Silicon Valley
Unlocking Secrets, if Not Its Own Value
Trump Taps Palantir to Compile Data on Americans
'ELITE': The Palantir App ICE Uses to Find Neighborhoods to Raid
Palantir CEO Alex Karp Recorded a Video About ICE for His Employees
Alex Karp Goes to War
CEO of Palantir Says He Spends a Large Amount of Time Talking to Nazis.
Tech Workers Coalition
Central Ohio businesses form mutual aid network to help families impacted by ICE
Minnesota Mutual Aid Fund
Instagram of Columbus Mutual Aid Fund: @corazonhilado
Immigration and Mutual Aid Resources

We'll be back with season 7 on February 13th! This Patreon episode is free for all (no paywall) in solidarity with the National Strike on January 31st. If you like what you hear, please consider joining us on Patreon.
It seems that for every person energized to activism this year, there's another three ready to shit on their efforts (it's not organized enough! it's not widespread enough! You'll never make a difference!).
They're wrong. We're going to prove it by getting on our mumus and night caps and becoming the ghosts of general strikes past. We take you with us to the Minneapolis General Strike of 1934 (05:50), the Bahamas General Strike of 1958 (16:00), and the NYC Hard Hat Riot of 1970 (27:30). Three events that are essential to understanding where we are today. Hopefully when we deposit you back to the present, you feel jacked up on history and ready to rip in 2026.
Then, we'll wash it all down with an investigation into Larry Ellison and the biggest AI deal of 2025 (37:00). Was it a shrewd business move? Or a foolish plot by an old man desperate to conquer his inner demons before he croaks?
Links:
Watch on YouTube
Advertise on the Corporate Gossip Podcast
Pictures from the episode 
Join me in Albany on Feb 25
Q1 Book Club: Little Bosses Everywhere
Minneapolis:
Labor then and now: 90 years after the Minneapolis Teamsters' strikes
Minneapolis Teamsters Strike Documentary Part 1
Minneapolis Teamsters Strike Documentary Part 2
The Citizens Alliance of Minneapolis
Bahamas:
60th Anniversary of The General Strike: 19 Days That Changed The Bahamas
The 1958 General Strike and the Making of the Modern Bahamas – Bahama Pundit
The Bahamas: Bad News for the Boys
Hard Hat Riots:
The riot that started the culture wars
Watch Hard Hat Riot | American Experience - PBS
The Coffee Klatch with Robert Reich
Larry Ellison:
TikTok Is Now Collecting Even More Data About Its Users. Here Are the 3 Biggest Changes
TikTok users say they are being censored after change to U.S. ownership
Oracle, OpenAI Sign $300 Billion Cloud Deal
Larry Ellison Is More Interesting Than Ever at 81
The Billionaire, His Mystery Wife and College Football's Wildest Recruiting Saga
Big Tech tax breaks could've funded benefits for millions, Senator Warren finds

Thank you for listening to another season of the podcast! We'll be back in February with new episodes. Got suggestions / thoughts / feedback? Email [email protected]
For bonus episodes, book club, and the aftershow, join us on Patreon
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Trigger warning: suicide, drug use, overdose 
Tony Hsieh had a life other entrepreneurs dreamed of. He was the wealthy CEO of a wildly successful ecommerce company with a legion of devoted customers and employees, currently on a bus tour to spread the gospel of his unique management style. But under the surface, cracks were starting to show, and Tony was falling into a severe drug and alcohol addiction. Years after his death that bus tour was a clear turning point in Tony's story, but for those around him at the time, it was just Tony being Tony. They had no clue how much darker things could get. 
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Thank you to our episode sponsors: 
New York Interventionist
Goodword
Email our good news correspondant with tips: [email protected]
Timestamps: 
2:00 - Intro / show notes 
6:00 - Zappos / Tony Hshei story 
1:20:00 - Good News & Adam breaks a chair
Links: 
Wonderboy (Book)
Internal Memo: Zappos is offering severance to employees who aren't all in with Holacracy
How Tony Hsieh Tried to Single-Handedly Transform Downtown Las Vegas
The Rise and Fall of the Management Visionary Behind Zappos
The Death of Zappos's Tony Hsieh: A Spiral of Alcohol, Drugs and Extreme Behavior
Amazon Changes at Zappos Slowly Dismantle Tony Hsieh's Legacy
'Money's a powerful motivator,' Friends, documents detail Las Vegas entrepreneur Tony Hsieh's final months alive
Spinato's Employees Get a "Slice of the Pie" as Spinato Family Transitions 49% of Company Ownership to Eligible Employees
Iconic Cincinnati company Graeter's to become partially employee-owned

Listen to the full episode on Patreon. Join today at the Murdoch's Mates level and get FOUR bonus epiosdes every month plus the Corporate Gossip Book Club and group chat! 
On Monday morning thousands of travelers were locked out of their Sonder hotel rooms and told: Sorry! Our business isn't businessing anymore :) Executives at both Marriott and Sonder turned their phones on Do Not Disturb as frazzled front line employees tried to manage fuming customers.
At first glance, this just seems like a mismanaged PR crisis, but there's SO much more to the story: A bay area unicorn led by a Forbes 30 under 30 wunderkind, co-opted by VC maniacs speeding down the the 2021 SPAC super highway, bailing right before the crash and leaving unwitting investors holding the bag. INTO THE CORPORATE DUMPSTER!!!
Links:
Hospitality Startup Sonder Raises $170 Million At A $1.3 Billion Valuation During Covid-19 Travel Collapse
Gores SPAC's High Redemptions Signal Worsening Sector Sentiment
Sonder faces class action investigation after delaying financial results due to errors in past statements
Sonder Seeks Room in Post-Covid-19 Lodging
San Francisco property-tech company, once worth $1.9B, suddenly goes belly-up
Dear Sonder Guest, Your Hotel Is Closed