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Only 5 things matter in business if you want to win. You don’t need all 5, but you can’t win if you have zero. 1- product distribution. Whoever has the most access to the consumer, will win more consumers. 2- access to capital. Ever play poker agains a big chip stack? They can…
In its best case scenario, the tax would raise 100 billion. In reality, it wont pass. but the IDEA of the tax, will end up coasting the state 20 billion dollars. The single largest self own in US tax law ever.
Just the exile of Brin and Page (worth a combined ~500 billion) implies that the predicted revenue from California's "one-time" 5% wealth tax of ~100 billion is already overstated by 25%. That's not even counting the loss in other taxes (income, property) they used to pay.
There is a billion dollars in your laptop. You just need to hit the right buttons on the right sites.
Everything is sales. We almost sold Ridge once. We needed a banker. We interviewed a bunch- Boutique firms like Sage. Big firms like Goldman. Mid market firms like Jeffries. But there is one bank who was pushing hard to own LA- Moelis. Moelis was on a tear- they were trying…
Coach has been on a tear. They got blocked from their big acquisition by the government. But it didnt slow them down. Stock is up 280% since this tweet. They are having a cultural moment right now.
Tapestry (Coach) is building THE American Fashion House. They just closed fiscal year 2023 and they had a big announcement... The acquisition of Michael Kors, Versace, and Jimmy Choo. Tapestry posted full year sales of 6.6b. Lets look at this deal and their year
Things to be excited about in 2026: - self driving will go main stream less people will die, more free time back - M&A is back obvious clean up can happen. broken companies can find a home and avoid going bankrupt - interest rates will come down we will see more consumer…
Creative is the new targeting. Meta has said that for 2+ years. Yet I still see ad accounts with crazy audience restrictions. Only targeting 18-25. Do you care if a 40 year old buys your product? Would you be mad if they gave you money? Of course not. BROAD WINS.
We got a cold email from a corporate gifting platform. The type of place where your boss sends you a gift card as a thank you, and you gotta spend it there. Was one click sign up in shopify, all the sales are full price, seems pretty gated... so said sure We have done over…
Do yourself a favor. Dont bet on any sports in 2026. When you lose in sports betting, you get nothing to show for it. and the odds have been set in a way where the EV is already negative. Better things to do: - invest in yourself Learn anything. buy youtube premium. go to the…
for $20/month you get access to the world’s most transformative technology or, alternatively, two coffees
for $20/month you get access to the world’s most transformative technology or, alternatively, two substacks
We need more denominations of money. If we can get rid of the penny, we can add a $250 bill, a $500 bill, and a $1,000 bill Since everything costs $35 bucks now, let’s just add a $40 bill too
Hmm… what happened in 2010 to make car fatalities shoot up to multi decade highs? Did the cars get more dangerous? No, cars are safer than ever before. Maybe it was the fact that 50% of drivers are scrolling tik tok Mobile phones are too addicting. And there isn’t a clearer…
Self-driving cars are going to break the y-axis on this chart.
When naming your start up, avoid names that tempt fate. "Rich Boys LLC" will go bankrupt in 4 weeks. "SuperSecruity" will get hacked. "Very Safe Foods" will give people e coli. The gods of start ups love irony.
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