Go For Broke
Go For Broke
Oct 22, 2020
Fear of Investing in BlackPlanet
33 min

Before MySpace and Facebook, there was BlackPlanet. BlackPlanet.com, a social media site targeted to Black users, was immediately popular when it launched in 1999. It allowed users to create their own personal web pages, set up dating profiles, and look for jobs. But venture capitalists and other investors largely overlooked BlackPlanet during the dot-com boom. Meanwhile, other companies like theGlobe.com saw investment money pour in and their valuation skyrocket in the public markets, despite having weak business models and a tricky road to profitability.

How did venture capitalists choose which dot-coms to invest in, and how did their blueprint for investment tip the scales to certain types of companies? And how did the rush to ride the dot-com bubble lead to the crash?

From Epic Magazine and the Vox Media Podcast Network. Hosted by Julia Furlan.

Special thanks to Aliya King, author of the article "The Black Internet Gold Rush That Wiped Away $75 Million in 18 Months." You can read the article here.

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Future Perfect
Future Perfect
Vox
Rethinking meat
How can we convince people to change their relationship with meat? Melanie Joy has been grappling with this question for a long time. To answer it, she takes us back to other points in history when new technology helped make social change palatable. She digs into how the invention of the washing machine and other household appliances, for example, helped make feminism easier to imagine. Then, she looks to the future, at our latest meat technologies — plant-based meat and lab grown meat — and asks: Could they make it easier for us to move away from meat altogether?  Further listening and reading:  Joy’s books, Powerarchy: Understanding the Psychology of Oppression for Social Transformation and Why We Love Dogs, Eat Pigs, and Wear Cows.  Vox’s Ezra Klein interviewed Joy for an episode of The Ezra Klein Show in 2018. Hear that interview and read her book recommendations here. We always want to hear from you! Please send comments and questions to futureperfect@vox.com.  Subscribe to Future Perfect on Apple Podcasts, Spotify, or your favorite podcast app to automatically get new episodes of the latest season each week. This podcast is made possible thanks to support from Animal Charity Evaluators. They research and promote the most effective ways to help animals. Featuring: Melanie Joy (@DrMelanieJoy) Host: Sigal Samuel (@SigalSamuel), staff writer, Vox  More to explore: Follow all of Future Perfect’s reporting on the Future of Meat. Subscribe to Vox’s Future Perfect newsletter, which breaks down big, complicated problems the world faces and the most efficient ways to solve them. Follow Us: Vox.com Learn more about your ad choices. Visit megaphone.fm/adchoices
22 min
Political Climate
Political Climate
Political Climate
Neil Chatterjee on FERC’s Role in Enabling the Energy Transition
When Neil Chatterjee was appointed to the Federal Energy Regulatory Commission by President Trump in 2017, stakeholders in the climate and clean energy space were concerned about what his agenda would be. Headlines dubbed him “McConnell’s coal guy” and “fossil fuel champion Chatterjee,” referring to his role as a former aide to Senate Majority Leader Mitch McConnell (R-KY).  But Chatterjee has proven to be much more than a “coal guy,” despite his sympathies for struggling Kentucky coal communities. The Republican leader recently voted in favor of rules supporting distributed energy resources and carbon pricing, and views these decisions as powerful steps in advancing the energy transition.  His openness to supporting policies that benefit clean energy may have cost him his leadership position at FERC. President Trump demoted Chatterjee from the chairman role last month, although he remains on the commission and will serve alongside two new appointees confirmed by the Senate this week. In this episode, we speak to FERC Commissioner Neil Chatterjee about several of the agency’s recent rulemakings, past controversies and his outlook for the future of U.S. energy policy in today’s shifting political landscape. Recommended reading: * GTM: Why Rick Perry’s Coal-Friendly Market Intervention Was Legally Doomed * GTM: FERC Orders PJM to Restrict State-Backed Renewables in Its Capacity Market * Utility Dive: FERC confirms carbon pricing jurisdiction in wholesale markets, Chatterjee 'encourages' proposals * Utility Dive: Competitive generators move away from FERC's PJM order, toward carbon pricing * GTM: ‘Game-Changer’ FERC Order Opens Up Wholesale Grid Markets to Distributed Energy Resources * Quartz: How one obscure federal agency is clearing the path for a US carbon price * The Hill: Senate approves two energy regulators, completing panel Listen and subscribe to Political Climate on Apple Podcasts, Spotify, Stitcher, Google Play or wherever you get podcasts! Follow us on Twitter at @Poli_Climate!
56 min
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