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1/ "Suddenly, margins matter. Richer margins lengthen runway. How many more months of burn could the company yield with this alchemy? Let’s illustrate.." tomtunguz.com/why-margin-mat…
2/ You might hear someone say:

"Tren is old shool in his love for high gross margins."

If a business has low gross margins it doesn't have a lot of elbow room for below GM line expenses. I've been to low gross margins, and I don't want to go back.

google.com/amp/s/25iq.com…
3/ Sometimes when I'm sitting at a campfire someone will ask me to tell a scary story. I will occasionally tell the frightening tale of Pets.com which reported negative gross margins of $277,000 in the third quarter of 2000. Some otherwise smart friends owned it.
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More from @trengriffin see all

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Tren Griffin
@trengriffin
Zero leadership is being shown on 420 jokes by people who have been anointed by Twitter with a Blue Check Mark ®.

You know who you are. What's up with that? It is April 20.
It's not like Blue Check Marks don't have great material to create some 420 jokes. For example:

"Marijuana operator Medicine Man Technologies rebrands as Schwazze and “marks the next stage of our strategic growth." mjbizdaily.com/marijuana-oper…
25IQuiz: What challenges does this business (Schwazze) face?

"Total revenue was $3.3M during the three months ended December 31 2019

Cost of goods and services were $2.1M

Operating expenses were $6.7M.

Extra credit: What is "derivative compensation"?otcmarkets.com/stock/MDCL/new…
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Tren Griffin
@trengriffin
1/ 25iQuiz: Assume a university has an endowment with a value of tens of billions of dollars.

Might taking in < $10M in aid from the US government through the Coronavirus Aid, Relief, and Economic Security Act result in a reduction in donations to that university > that amount.
2/ What Harvard law graduate said:

"We don’t claim to have perfect morals, but at least we have a huge area of things that, while legal, are beneath us. We won’t do them. Currently, there’s a culture in America that says that anything that won’t send you to prison is OK.”
3/ Is it possible that a group of alumni who have contributed to the university in past might might write a joint letter to the university stating that this behavior was not what they intended or expect? It seems quite possible to me.
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Tren Griffin
@trengriffin
April 17, 2020 ALLYN-GRAPEVIEW, Wash. — A rare white transient orca was filmed swimming in Case Inlet near his home in Allyn, Washington.

My family has had vacation homes near here for more than 100 years.

How my family bought land in this area involves business "pivots." My Great Grandfather Judge Griffin bought many acres to raise sheep during World War I, but they soon died. He was forced to pivot to cattle ranching and then being an oyster farmer and real estate developer!
Judge Griffin collected stories from local native Americans to help prove treaty rights. The bedtime stories I was told as a child I rewrote in the form of two books entitled Ah Mo and More Ah Mo. I rewrote them to be less scary than the originals though. amazon.com/Ah-Mo-Indian-L…
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