retail therapy
Credit card spend on Delta’s co-branded Amex cards is 1% of US GPD.
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
Category: retail therapy
retail therapy
Ford’s IPO was a circus.
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 […]
retail therapy
How banks kept $485 billion of the Fed’s rate hikes from savers.
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 […]
retail therapy
Why airlines are always going bankrupt.
Why airlines are always going bankrupt. “Airlines are the classic example of an “empty core” industry: an industry that is structurally incapable of reaching competitive equilibrium.” The piece argues that the sector can be profitable or competitive, but not both, […]
retail therapy
Anthropic says your SPV is BS.
Anthropic says your SPV is BS. “Anthropic is calling them out *specifically*, by name, and essentially *saying* 100% of these are illegal.” A thread on what it could mean if a private company treats secondary transfers as void, and how […]
retail therapy
Consumer attitudes toward Al customer support.
Consumer attitudes toward Al customer support. “When the choice is ‘wait 15 minutes for a human or get help from AI right now,’ 44% switch to AI.” In this survey, baseline preference for AI is only 7%, but the moment […]
retail therapy
Seed hundreds of creators.
Seed hundreds of creators. “I have personally seen 6 brands restart growth using the “hudson method” we are talking 5m a year brands to 100m a year brands.” Sean Frank’s playbook: flood TikTok with lots of small creators, then reuse […]
retail therapy
The internet is real life now.
The internet is real life now. “Have you spoken to a normal person recently? They aren’t actually normal anymore. Nobody is. In all aspects of American life, the internet is upstream of everything else. Sooner or later (and, more often […]
retail therapy
Peptides are going legal.
Peptides are going legal. “Whenever a government tries to ban something people actually want, the same sequence of events plays out every time.” Max Marchione argues the FDA’s peptide crackdown mostly pushed supply into sketchier channels, and that the reversal […]
retail therapy
The worst of what gambling and prediction markets will do.
The worst of what gambling and prediction markets will do. “We’ll bet that certain pitches will be balls; you throw those pitches into the dirt; we’ll win the bets and give you some money.” Thompson’s point is that modern gambling […]