Navigating the Metaverse: Davos Day 5 5/27/22

Squawk Pod

May 27, 2022•18 min

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Episode description

Forward-looking companies are simultaneously navigating the uncertainty of today’s markets while beginning to compete in the ‘metaverse.’ Accenture CEO Julie Sweet sits down with CNBC’s Andrew Ross Sorkin at the 2022 World Economic Forum to discuss how her company is using its own metaverse to onboard 150,000 new company employees throughout the year. Andreessen Horowitz also plans to plow billions of dollars into crypto start-ups while digital asset markets are in a rut; the Silicon Valley firm launched the largest crypto fund ever this week, a new $4.5 billion fund to back Web 3.0 projects like crypto and blockchain companies. Arianna Simpson, Andreessen Horowitz general partner, discusses the firm’s newest crypto bet.

In this episode:
Julie Sweet, @JulieSweet
Arianna Simpson, @AriannaSimpson
Andrew Ross Sorkin, @andrewrsorkin
Becky Quick, @BeckyQuick
Cameron Costa, @CameronCostaNY

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