🚀 Greece introduced six-day workweek

In partnership with

Market Overview
Read time 1.4 minutes

Year To Date Performances:

1. In a controversial move, Greece is introducing a 48-hour working week, allowing employees in specific private sectors to work a sixth day. This measure, effective from Monday, aims to boost productivity amidst a shrinking population and labor shortages. Prime Minister Kyriakos Mitsotakis's government justifies the change as a growth-oriented reform, offering a 40% wage increase for the additional hours. However, unions and critics decry it as "barbaric," arguing it undermines workers' rights and fails to address the root issues of low wages and undeclared work. Greece's decision starkly contrasts with other countries exploring shorter work weeks to enhance productivity and work-life balance.

2. Shares of Chewy saw a significant premarket surge after a Securities and Exchange Commission (SEC) filing revealed that meme stock trader Keith Gill, known as "Roaring Kitty," acquired a 6.6% stake in the pet food e-commerce retailer. Gill's purchase of over 9 million shares, valued at more than $245 million based on Friday's closing price, briefly propelled Chewy's stock up by more than 20%. However, the stock's rally lost momentum, closing Monday down 6.6%. Gill, known for his influence in the 2021 GameStop trading frenzy, is now the third-largest shareholder of Chewy. The filing's impact on Chewy's stock underscores Gill's significant influence in the market.

3. Raise Venture Capital in 2024. Get the course helping top founders raise venture capital. The materials in this course are used by founders pitching a16z, Sequoia, YC and more while raising tens of millions! Get the course now for just $199. *

4. Headlines

   1. Failing fintech companies are leaving thousands of Americans without access to their funds.

   2. Real estate prices in Manhattan are declining as inventory rises.

   _{* This is sponsored content.}

Your Brilliant Business Idea Just Got a New Best Friend

Got a business idea? Any idea? We're not picky. Big, small, "I thought of this in the shower" type stuff–we want it all. Whether you're dreaming of building an empire or just figuring out how to stop shuffling spreadsheets, we're here for it.

Our AI Ideas Generator asks you 3 questions and emails you a custom-built report of AI-powered solutions unique to your business.

Imagine having a hyper-intelligent, never-sleeps, doesn't-need-coffee AI solutions machine at your beck and call. That's our AI Ideas Generator. It takes your business conundrum, shakes it up with some LLM magic and–voila!--emails you a bespoke report of AI-powered solutions.

Outsmart, Outpace, Outdo: Whether you're aiming to leapfrog the competition or just be best-in-class in your industry, our custom AI solutions have you covered.

Ready to turn your business into the talk of the town (or at least the water cooler)? Let's get cracking! (And yes, it’s free!)

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.

Onwards and Upwards,

Liam Gill