How the Purpose of the Stock Market Has Changed

<p><span style="font-weight: 400;">On this week’s Long Reads Sunday, NLW reads three pieces:</span></p> <p><a href= "https://www.bloomberg.com/opinion/articles/2020-08-05/public-markets-don-t-matter-like-they-used-to?sref=qUxVp6JU"> <span style="font-weight: 400;">Public Markets Don’t Matter Like They Used To</span></a> <span style="font-weight: 400;">- Matt Levine in Bloomberg</span></p> <p><span style="font-weight: 400;">A look at how public markets are less and less about accessing new capital and more about narrative and liquidity for early investors.</span></p> <p><a href= "https://www.coindesk.com/two-reasons-cryptos-bull-market-is-coming"> <span style="font-weight: 400;">Two Reasons Crypto’s Bull Market Is Coming</span></a> <span style="font-weight: 400;">- Anil Lulla on CoinDesk</span></p> <p><span style="font-weight: 400;">The next bull market isn’t just about the bitcoin-dollar devaluation narrative but about decentralized finance providing a solid place to redeploy existing crypto capital.</span></p> <p><a href= "https://twitter.com/kevinleeme/status/1289230730933878784"><span style="font-weight: 400;"> The Business Behind Marshmello</span></a> <span style= "font-weight: 400;">- Kevin Lee on Twitter</span></p> <p><span style="font-weight: 400;">The unlikely story of the world’s second-highest paid DJ, including a bet on anonymity, a viral billboard making fun of Instagram influencers, and a cultural cooking channel on YouTube.</span></p>