Sponsored by

Market Overview
Read time 1.9 minutes

Year To Date Performances:

1. As the holiday season approaches, a significant portion of Americans are still grappling with the financial hangover from last year's festivities. WalletHub’s November holiday shopping survey reveals that around 25% of U.S. consumers are yet to clear off their holiday debts from 2022. This lingering debt, coupled with rising interest rates, poses a challenge for those considering additional holiday spending. Credit card interest rates have soared from an average of 16% to nearly 21% since March 2020. This increase is a result of the Federal Reserve's measures to curb inflation. The impact of these heightened rates is palpable: a modest debt of $1,000 could extend over 40 months and accrue $390 in interest at the current average rate, assuming only minimum payments are made.

2. In the wake of the tumultuous events at OpenAI, involving the firing and rehiring of CEO Sam Altman, Meta could emerge as an unexpected beneficiary. While Microsoft, OpenAI's major backer, faces criticism for its role in the boardroom chaos, Meta has remained a stable observer, potentially positioning itself to capitalize on the situation. With its esteemed AI research team and open-source Llama AI initiatives, Meta offers an attractive alternative for companies and technologists seeking diversity and stability in AI development amidst growing concerns about over-reliance on single large language models like OpenAI's ChatGPT.

3. Could an experienced entrepreneur help you grow your startup? My strategy calls are booked full to the end of November. If you want to have a call in 2023 to discuss how you can maximize your chances of startup success, make sure to act fast and book now.*

4. Headlines

   1. Biden considers a ban on fees for those canceling their cable.

   2. A 5-day ceasefire began yesterday in Gaza.

   _{* This is sponsored content.}

[NOW AVAILABLE] Full Stack Writer: The 7-Figure Writer Roadmap

Dickie Bush & Nicolas Cole just launched their newest product, Full Stack Writer.

Inside, you'll find a blueprint to master the 7 skills they've used to build multiple 6 & 7 figure writing businesses (so you can do the same without wasting hundreds of hours):

• Skill #1: Viral Writing

• Skill #2: Newsletter Writing

• Skill #3: Offer Creation

• Skill #4: Landing Page Copywriting

• Skill #5: Sales Email Marketing

• Skill #6: AI Prompt Writing

• Skill #7: Ghostwriting

With these 7 skills, you will never make less than $100,000 per year as a writer ever again.

Ready to become a Full Stack Writer?

This product will ONLY be available until Sunday, November 26th.

After that, it will never be available again!

So, click here to grab your copy before the product goes away!

Are you looking to grow your business? Here is how I can help:

📢 Promote your startup to 2,000+ VCs including investors from a16z, YC, Techstars, Rarebreed, Sequoia and more.

📱 Book a Strategy Call to get 1:1 feedback on your pitch, pitch deck and/or fundraising strategy. (If you need general startup advice, then reply to this email, and I’ll let you know if/how I can help.)

📺 Access FundraiseOS, the ultimate fundraising course with video lessons and practical worksheets helping with everything from deciding how much to raise to understanding a term sheet.

💸 Promote your product or service to 100,000+ entrepreneurs.

🌐 Connect with me on LinkedIn or X (formerly Twitter) to get access to new content about startups, fundraising, venture capital, and more every day.

Your continued support means a tremendous amount to me. Each person subscribed to this newsletter is trying to improve themselves and their business every day. Always remember that the best goal in life is to make sure every day is better than the last. Keep putting in the work, find the right mentors/advisors, and you will see the results!

Onwards and Upwards,

Liam Gill

P.S. It would greatly help me if you could share the newsletter with more founders to help grow our community!

P.P.S. Check out the newsletters below if you are looking to raise venture capital or invest in startups!