Profile picture
Tren Griffin @trengriffin
, 3 tweets, 1 min read Read on Twitter
"Blue Origin has added hundreds of engineers over the past three years. The Kent, Washington-based company is looking to double its current workforce to around 3,000 employees over the next two to three years" reuters.com/article/us-spa…
Traditional launch providers didn't believe a price drop would increase demand. This view on launch price elasticity caused them to milk their sunk non-recurring engineering and not invest significant amounts in price reducing innovation. Bezos/Musk have a different viewpoint!
If for profit company A is competing with businesses B and C run by founders who are not primarily motivated by financial return, then company A must "play the game on the field" or fade away like the Cheshire Cat.
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Tren Griffin
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

More from @trengriffin see all

Profile picture
"According to the survey results, the median pay for full-time writers was $20,300 in 2017, and that number decreased to $6,080 when part-time writers were considered. The latter figure reflects a 42 percent drop since 2009, when the median was $10,500."
In my blog post on writing books I wrote: "6. Don’t expect to earn more than the minimum wage and be thrilled if you earn more." google.com/amp/s/25iq.com…
"In Mémoires (1759), Voltaire recalled how in his youth he had come across so many writers who were “penniless and held in contempt” that “he had decided not to add to their number.” laphamsquarterly.org/luck/voltaires… "Thanks to his fortune he was free to pursue his writerly life."
Read 3 tweets
Profile picture
"Companies can lose a lot of money in their early years but be wonderful businesses if they are acquiring customers with long lives and strong variable margins."

But some businesses just do the losing money part. A critical skill is knowing the difference between the two types.
Customer-based corporate valuation (CBCV) = valuing a business on a "bottoms up" basis by valuing the customers. In a subscription business especially, this is an essential process if you want to understand if real value is being created despite a lack of current GAAP earnings.
"CBCV isn’t about being profitable from day one. It’s about variable profitability in net present value terms (while still being mindful of fixed cost overhead of course!)" Determining whether a specific business is a delicious cheesecake or a turd requires detective work.
Read 6 tweets
Profile picture
“The Fasten Seat Belt sign is now illuminated. If you haven’t already done so, please check your cash and cash equivalent balances. Please lower your burn rate and make sure your defensive investments are in their full upright position.”
“If you find yourself needing an emergency exit from illiquid investments, please read carefully the special instructions card. Cash is more king than ever. If you can’t handle the haircut you are about to experience, please ask someone to do the selling to raise cash for you.”
“We remind you this remains an uncertain and no sympathy correction. No one knows anything for sure as is usual. Crying and whining is prohibited, including in the lavatories. Tampering with, disabling or destroying your brokerage statements is pointless and prohibited by law.”
Read 5 tweets

Related threads

Profile picture
140+ factual, fully-sourced examples of the impact Brexit is already having on the UK. Jobs going, investment drying up, companies moving assets to the EU, or redomiciling. And all happening as Government burns through £billions chasing a no deal Brexit.
#ridge #marr
The Government has spent £4.2 billion pounds on Brexit preparations (£2.2 billion in previous Budgets, plus an additional £2 billion in the most recent Budget.) 1/143
gov.uk/government/new…
Barden Corporation is closing down its Plymouth factory after 51 years, putting 400 jobs at risk, as its parent company Schaeffler shifts production to various sites outside the UK due to Brexit. 2/143
plymouthherald.co.uk/news/business/…
Read 145 tweets
Profile picture
Super-massive "realities of Brexit" thread. Jobs are going, investment is drying up, firms are moving assets to the EU27 or redomiciling. Contingency plans are being executed left and right. Meanwhile, Brexit has already cost us £billions. All happening NOW. #projectreality 1/110
Barden Corporation is closing down its Plymouth factory after 51 years, putting 400 jobs at risk, as its parent company Schaeffler shifts production to various sites outside the UK due to Brexit. 2/110
plymouthherald.co.uk/news/business/…
Pfizer - $100 million on Brexit prep: "Pfizer’s preparations are well advanced to make the changes necessary to meet EU legal requirements after the U.K. is no longer a member state, especially in the regulatory, manufacturing and supply chain areas" 3/110
investors.pfizer.com/financials/sec…
Read 110 tweets
Profile picture
Ok, it's high time to look at the REAL effects of Brexit. As the Tories implode & Labour sits on its hands, companies are executing contingency plans, shifting jobs & assets, slashing investments, or redomiciling (accounting exercise). Happening NOW, not in a fantasy future. 1/95
Barden Corporation is closing down its Plymouth factory after 51 years, putting 400 jobs at risk, as its parent company Schaeffler shifts production to various sites outside the UK due to Brexit. 2/95
plymouthherald.co.uk/news/business/…
8 health providers have warned of medicine shortages in the event of a no-deal Brexit: "we do not believe that the current medicine supply plans will suffice, and we will have widespread shortages if we do not respond urgently." 3/95
…33r3krz5b97d1-wpengine.netdna-ssl.com/wp-content/upl…
Read 96 tweets
Profile picture
Taekook au where best friends and band mates Taehyung and Jeongguk watch the stars one night and talk about love. Some things were left unspoken and Tae finally thinks his feelings might be reciprocated but a few days later Jeongguk introduces everyone to his new girlfriend
um i’d be happy to write it even though it’s my first au but let me know is someone’s already done this so people don’t attack me
im still lost on what to do so do i
Read 148 tweets
Profile picture
hearing—"#China's Worldwide #Military Expansion" is a dramatic bellwether of growing concerns in Washington & beyond.

Now online—hard-hitting arguments + many data points, some deeply-analyzed yet hard to find elsewhere in public domain:
bit.ly/HouseIC
CAPT Jim Fanell, USN Ret, former @USPacificFleet N2:

"today, the PLA Navy consists of over 330 surface ships & 66 submarines, nearly 400 combatants. As of 4 May 2018, the @USNavy consists of 283 battle force ships: 211 surface ships and 72 submarines."
bit.ly/HouseIC
"By 2030, it is estimated [by Fanell & @SCheneyPeters in their chapter in @NavalWarCollege @ChinaMaritime Studies Institute's Chinese Naval Shipbuilding volume amazon.com/Chinese-Naval-… @USNIBooks that] the PLANavy will consist of some 550 ships: 450 surface ships & 99 submarines."
Read 71 tweets

Trending hashtags

#tightening #politicslive #window #CMC #CFR #marr #pienaar #ACEs #concern #the #opendata #Barzani #RodRosensteinSpeech9 #Chain #Balkans #PKK #bbcsp #50Months50Questions #Maldivian #TrumpGenocide #bbcbreakfast #strong #RodRosensteinSpeech5 #MiddleEast #Gerson

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member and get exclusive features!

Premium member ($3.00/month or $30.00/year)

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!