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Tren Griffin
@trengriffin
, 3 tweets, 1 min read Read on Twitter
"Musk's SpaceX Is Said to Plan Cutting About 10% of Workforce" bloomberg.com/news/articles/… The primary economic challenge of the launch businesses is (1) demand elasticity and (2) limited total addressable market.
One hope is that selling people rides into space will expand TAM for launch. amp.space.com/42919-spacex-s…
As everyone knows, the single-stage Starship alone is great for launching from Mars and the moons of the Solar System. arstechnica.com/science/2019/0…
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Tren Griffin
@trengriffin
Streaming just third party content is like buying a smoker, the right wood and a nice brisket, but not actually doing any cooking. What's the point given wholesale transfer pricing power of the video owners? Hulu cost Disney $580M last fiscal year. cnbc.com/2019/01/18/dis…
In a 1st party content streaming biz, Disney will have up front CAC like NFLX. Having shareholders who understand the difference between 1) value creation and 2) current earnings in a subscription business is important. Some may be "in the wrong meeting." 25iq.com/2018/02/03/bus…
Here is a model run using one set of Netflix numbers based on some educated guesses about inputs into LTV like churn and customer acquisition cost. Disney faces similar mathematics. It is all about the assumptions, which change dynamically. 25iq.com/2018/02/10/bus…
Read 3 tweets
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Tren Griffin
@trengriffin
"New Shepard and suborbital spaceflights, including passenger flights, represent the first step because 'the frequency of those missions can be very high," providing lots of practice [and cash flow] for more challenging missions, Jeff Bezos said. geekwire.com/2019/jeff-bezo…
Cash flow from launching school bus-sized commercial geostationary (GEO) satellites has dropped. New GEO orders once as numerous as 20 to 25 per year worldwide dropped to 17 in 2015 and 2016. latimes.com/business/la-fi… New revenue sources are needed like Starlink and One Web.
ULA is huge in two ways (1) payload capacity and (2) cost. Not viable for commercial launches.

Height: 233 feet
Weight: 1.6 million pounds
Thrust: 2.1 million pounds
Fuel: 465,000 gallons of liquid hydrogen and liquid oxygen

spaceflightinsider.com/missions/defen…
Read 5 tweets
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Tren Griffin
@trengriffin
"Every VC fundraise has an Excel sheet that forecasts the performance of the fund. ...This exercise is also known as 'let me show you how we get to 3-5x net.'" Hunter Walk google.com/amp/s/hunterwa…
"Often I see the forecast models constructed with a bunch of assumptions that are totally out of whack – often dramatically underestimated dilution pre-exit, zero failure rate in the investments or outcome modeling suggesting every one in 10 backed startups will be a $1b+ exit."
"Companies which raise too much too early might think they’re de-risking their funding but also may intro a host of other issues.” Hunter Walk google.com/amp/s/25iq.com… More VC backed startups die from indigestion than starvation.
Read 3 tweets

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HawaiiDelilah™
@HawaiiDelilah
I see that Mitt Romney did not vote to maintain sanctions on the Russian oligarch, Oleg Deripaska. I remember when some of you said you actually liked Mitt Romney and thought he's be a great Senator. You were WRONG. We told you so. We told you the votes would tell the tale.
To be very clear, the sanctions were on the Deripaska-related firms. bloomberg.com/news/articles/…
The GOP-controlled Senate blocked a Democratic bid to force the Treasury Department to keep sanctions on three Russian companies linked to oligarch Oleg Deripaska. Most Republicans backed the Trump admin’s plan to lift the penalties. bloomberg.com/news/articles/…
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Friend or Foe?
@starknightz
1.) Jan 14, 2019 pm News ~ Californians fume after learning lawmakers partied in Maui with utility execs as wildfires raged foxnews.com/politics/calif…

#News #Trump #Qanon @realDonaldTrump #WWG1WGA
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#News #Trump #Qanon @realDonaldTrump #WWG1WGA
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Almington Capital
@AlmingtonCapit1
1/ Thread on @SpaceX trying to raise $500mn in the wake of a punishing @WSJ exposé based on our latest note: gurufocus.com/news/787786

$TSLA $TSLAQ

@markbspiegel @TeslaCharts @BlondesE @WallStCynic @painfulshort @iamhubris @orthereaboot
2/ In its last funding round, in April 2018, #SpaceX was valued at $27.5bn. As of this latest round, it's now valued at $30.5bn. That is crazy for an unprofitable company facing a weak 2019 launch schedule & mounting competition. $TSLAQ

@MelaynaLokosky

theinformation.com/briefings/3117…
3/ The valuation is even crazier when one recognizes that, not only is #SpaceX unprofitable, it deliberately tried to deceive the debt market about that fact by excluding a number of critical expenses from its prospectus. Classic @elonmusk and $TSLAQ

seekingalpha.com/article/422188…
Read 12 tweets
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I Want the Truth!
@DougieFreshii
stripes.com/news/pacific/a…
bbc.com/news/uk-englan…
bloomberg.com/news/articles/…
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Alamo_on_the_rise
@AlamoOnTheRise
Trump: Day 638
-Calls Saudi 'Fist Fight' Story Credible
-Pulling Out of Nuclear Forces Treaty
-Seeks Another Large Scale Tax Cut
-Replies 2 Reporter "Don't be a Baby"
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Add...
Day 743 since Donald Trump admitted to sexual assault — yet he’s still in the Oval Office
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Day 594 of NO EVIDENCE produced by Trump that his phones were tapped by Obama.

The FISA warrant Trump referenced targeted Carter Page. #TrumpLies
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___________
@parking_seal
#Probablemente ([#EO]#probable🍀/[#EN]#Probably🏴󠁧󠁢󠁥󠁮󠁧󠁿)
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