Nike is now worth $53B on $46B of revenue. That's how you'd value a struggling DTC brand.
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"I think live commerce is going to be 30%+ of all e-commerce over the next decade. Today it's single-digit percentages. In China, it's already about 40%" - Grant LaFontaine, @Whatnot
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Cal AI's co-founder @zach_yadegari was rejected by the Ivy League schools and Stanford, despite a 4.0 GPA and $15M in revenue at the time.
He still doesn't know why.
He still doesn't know why.
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@zach_yadegari Full episode: youtu.be/wgTOoJ_UkmQ?si…
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You can buy a crab off @Whatnot for $34.
The seller has completed 3,300 orders. That's over $100K selling crabs on the internet.
The seller has completed 3,300 orders. That's over $100K selling crabs on the internet.
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Former Goldman CEO @lloydblankfein passed on SpaceX at $100B because he thought it was overpriced.
Now there's talk of $1.75T.
He also passed on cell phones. Why carry one when there are phone booths everywhere?
His takeaway: "Nobody's great about predicting the future."
@thesamparr
Now there's talk of $1.75T.
He also passed on cell phones. Why carry one when there are phone booths everywhere?
His takeaway: "Nobody's great about predicting the future."
@thesamparr
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@lloydblankfein Full Episode: youtu.be/Jk9ENZywY4A?si…
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This is why you have a creative block, and @ShaanVP shares two things you can do about it:
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"If you wanted to be great, if you wanted to be truly excellent, then you should wear Nike."
Nike is now a $53B market cap on $46B in revenue. Trading at almost 1x revenue, like a struggling DTC brand.
Why the fall? A change in their brand image.
@ShaanVP @thesamparr
Nike is now a $53B market cap on $46B in revenue. Trading at almost 1x revenue, like a struggling DTC brand.
Why the fall? A change in their brand image.
@ShaanVP @thesamparr
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This is the one thing that scares most entrepreneurs, according to @FU_joehudson.
@thesamparr @ShaanVP
@thesamparr @ShaanVP
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.@ShaanVP on an OpenAI test that spiraled way further than anyone expected:
1. OpenAI trained an AI to be extremely persistent, basically never give up
2. Spawned thousands of copies, gave them all the same challenge: hack into software and find a hidden "flag" to prove they tool for internet access and used it to build their own messaging system to talk to each other
4. Some couldn't crack their challenge, so they just cheated and found a different way in
5. Worried about getting caught, they tried to figure out how they'd be graded, so they could cover their tracks
6. That led them to break into a real company, Hugging Face, and access actual user login credentials
"They created a security incident with another company. Essentially created a crime, all to pass this test."
1. OpenAI trained an AI to be extremely persistent, basically never give up
2. Spawned thousands of copies, gave them all the same challenge: hack into software and find a hidden "flag" to prove they tool for internet access and used it to build their own messaging system to talk to each other
4. Some couldn't crack their challenge, so they just cheated and found a different way in
5. Worried about getting caught, they tried to figure out how they'd be graded, so they could cover their tracks
6. That led them to break into a real company, Hugging Face, and access actual user login credentials
"They created a security incident with another company. Essentially created a crime, all to pass this test."
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