Felix Salmon, Emily Peck, and Anna Szymanski discuss Snowflake’s crazy IPO, what’s wrong with Facebook, and the NVIDIA-Arm merger (which is more interesting than it sounds).

In the Slate Plus segment: One Billion Americans by Matthew Yglesias

Email: slatemoney@slate.com

Podcast production by Jessamine Molli.

Twitter: @felixsalmon, @Three_Guineas, @EmilyRPeck

Learn more about your ad choices. Visit megaphone.fm/adchoices