Blind TL;DR Edition No. 3: Week Ended Nov. 26, 2021
Blind TL;DR helps you stay on top of what shaped the tech industry this week in about 3 minutes. Keep tabs on the latest with insights straight from the newsmakers—technologists like you.
El Dorado was actually made of bitcoin
In the 16th century, Spanish explorers told stories about the riches of “El Dorado,” a city or kingdom in Central and South America so wealthy the roads were paved in gold. El Salvador, the only country where bitcoin is legal tender, plans to build a modern-day El Dorado called “Bitcoin City” (seriously). Explore the reactions on Blind.
The one thing Tile couldn’t help you find
The family social network Life360 will buy Tile for $205 million. The lost-item tracking company had lost its way after Apple launched its pricey AirTag trackers.
The move is probably a good buy for Life360. Until now, it’s been primarily used by parents to find their kids and pets. Check out why Blind users weren’t surprised by the move.
New on Poshmark: Buy stock for cheap
In addition to fashion, you can now buy cheap stock from Poshmark. You’ll just have to buy it from your favorite investing service. The “social” marketplace’s shares currently trade on Nasdaq for about $19, about a 55% discount from its IPO price.
Find out whether IPO-bound startups are overrated on Blind.
Here we go again
Scientists in South Africa have found a new coronavirus variant, now called “Omicron.” The researchers discovered the new COVID-19 type has many mutations and may spread more quickly. Local medical experts think it’s why South Africa and nearby countries have experienced so many more infections, especially among young people.
Austinites aren’t satisfied
According to a new report from the Texas Workforce Commission, the Austin area saw its unemployment rate drop. Unemployment in the Lone Star State capital was 3.4%, helped along by highly-skilled workers in tech.
Despite the job rush in Austin, some Austinites are looking for greener pastures. Here are the U.S. cities which have a better tech scene than Austin, according to professionals on Blind.
Be a newsmaker
Make an impact with your work. The top companies in the headlines are using Blind to grow. Find out how you can get an offer from some of the most innovative and fast-growing companies.
