GLP-1s might move GDP. “Citi estimates that GLP-1 drugs could boost GDP by 0.5 percent to one percent in rich countries.” The piece argues these drugs look like a general-purpose health innovation, with effects that could show up as higher […]
The $7 breaking point. “Every consumer has their limit as to how much they will pay for a given item, and for Dorito’s customers, that limit is apparently $7 a bag.” Frito-Lay tried promos and smaller bags instead of cutting […]
He charges $1,000 to haggle. “Tomislav (Tomi) Mikula charges a $1,000 flat fee to negotiate vehicle purchases on behalf of his clients, and business is booming.” He used to sell cars, now he livestreams negotiations and runs Delivrd with a […]
Why do commercial spaces sit vacant? “in many cases, lowering the rent on a building will force the bank to foreclose on it.” The piece explains why a half-empty storefront can still make more sense to the owner and the […]
Go unsexy. “Go for those categories that are ripe for disruption that really need someone smart representing the needs of the consumer.” PrettyLitter scaled past $100M in sales with about a dozen full-time employees and only $1M raised, before selling […]
Walmart’s drones are coming. “Walmart is bringing its Wing drone delivery service to the Philadelphia region.” Living in Austin and seeing Waymos drive around everywhere feels like the future. Hard to imagine delivery drones on top of that, but it’s […]
Stories without amplification are hobbies. “Stories without amplification are hobbies.” Avinash Kaushik’s take on TikTok: organic reach hits a ceiling, so you need to pay to amplify the right creator stories, at real scale. ~ learn more
Credit card spend on Delta’s co-branded Amex cards is 1% of US GPD. That sounds like a lot, right? It is! ~ learn more
Ford’s IPO was a circus. “The syndicate will include just about everybody who’s in the business and who isn’t, or hasn’t been, in jail,” a Blyth vice-president told John Brooks. In 1956, Ford’s IPO needed a 722 firm syndicate, mailed […]
How banks kept $485 billion of the Fed’s rate hikes from savers. “Even then, just 7 cents of every dollar of rate increase reached the average savings account.” The study tracks Fed Funds vs. the FDIC’s national average savings rate […]