The @MrBeastYT Burger phenomenon makes an opportunity very clear.

Impromptu RFS: Drop Kitchen

- Network of existing restaurants with excess capacity
- Backend plugs into consistent wholesale supply
- Distribution (solo app + via existing networks)
- Power tools for influencers
Rationale/benefit for restaurants...

- You're a local taco restaurant
- You have fixed costs
- Demand is inconsistent
- You could make a solid burger with specific instruction

Increase top-line by helping serving new demand. Could even add "prepared by X."
Rationale/benefit for creators...

- Access massive distribution (surpassing ghost kitchens)
- Collaborate with local business
- Plug into existing networks
- Added tooling specifically for creators (below)

Plug into social graphs to reward top fans, etc.
Rationale/benefit for consumers...

- Connect with creator in new way (as is happening now)
- Access almost anywhere
- Get rewarded for fandom

In future, could have a unified app to browse "drop" meals. @whoisaddison's newest tacos, @DavidDobrik's pizza, etc.
Does this exist?

Have seen a few startups play with parts of it. But was slightly skeptical new brands could generate strong demand out-of-the-gate. @MrBeastYT just showed how to solve it.

Love to hear from favorite food folks @thenewb @daveambrose @GavinSBaker @Post_Market
Also, of course, gotta hear from the man who into'd me to MrBeast's work @blakeir and passion economy OG @ljin18

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More from @mariodgabriele

22 Dec
Barry Diller has built one of the most unique businesses in the world.

IAC is an "anti-conglomerate" — a combination of companies meant to split apart. Over the years, that's included $EXPE, $MATCH, $TREE and others.

This is his playbook 👇

thegeneralist.substack.com/p/the-barry-di…
1

First, a little history.

Diller started out in the mailroom of William Morris after dropping out of UCLA. He rose through the ranks, serving as the assistant to legendary exec Elton Rule.

One of Diller's innovations was the "ABC Movie of the Week," the made-for-TV movie. ImageImage
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Over time, Diller established himself as a force in the traditional entertainment industry.

He served as CEO of Paramount, producing hits like 'Taxi,' 'Grease,' and 'Indiana Jones.'

As CEO of Fox, he greenlit 'The Simpsons.' Mr Burn's appearance was based on Diller. ImageImage
Read 16 tweets
21 Dec
This has been the best terrible year of my life.

I feel guilty saying that. I know this was a year of suffering. But I feel insanely grateful for what's happened on a personal level.

So, this is my gratitude thread, in no order. A thank you to those that made 2020 amazing.
1

@leifthunder

Thank you for giving me the encouragement to share my thoughts online. You pushed me more than once.

And thank you for bringing @public to an ever-growing audience. It's been such an amazing place to share and learn about investing.
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@packyM

My most frequent (and hilarious) collaborator. Thank you for always been game to jump into the mix on some random initiative, and for bringing the heat, time after time.

As you put so well here, "The Best is Yet to Come."
notboring.substack.com/p/the-best-is-…
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3 Dec
DoorDash is expected to IPO next Wednesday. The S-1 Club dug in.

- $1.9B revenue YTD
- 18M customers
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H/t @ranjanxroy @cristinagberta @averyklemmer @thenewb @daveambrose @nanduanilal @michaelxbloch
@d_mccar

thegeneralist.substack.com/p/doordash-the…
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$DASH in 1 minute.

- Insane revenue growth (+226% YTD)
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- Highly-capitalized with $2.5B raised
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Beginnings.

It all starts with Tony Xu. His family emigrated from China when he was 5. His mother worked in restaurants. He gained an understanding of the business at a young age.
Read 25 tweets
2 Dec
An update for "compounder" fans...

Now that a little time has passed, I'd like to get the ball rolling for Parts 2 + 3 of the C.R.E.A.M. series on the subject.

To kick things off, I created a new mini-site: PublicCompounders.com

Here's why I wanted to make this a thing.
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You might remember that writing about this caused me a little trouble last time around.

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Then, Twitter clapped back.

Thanks to the support of the amazing people on this website, the fund backed off.

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30 Nov
The S1 Club's Airbnb report is here!

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thegeneralist.substack.com/p/airbnb-the-d…
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$ABNB in 1 minute.

- An absurdly resilient company
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Number of mentions in the S-1.

- COVID-19: 215
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9 Nov
Is Peloton a religion? Is Lululemon a cult?

No.

By misusing religious terminology, we may overlook the new, spiritual organizations that *are* being born.

Bitcoin and Tesla bear the markings of genuine denominations.

/thread

thegeneralist.substack.com/p/modern-gospe…
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What defines a religion?

There are plenty of frameworks, but I like Émile Durkheim's. He said all religions have three characteristics:

1. Unified belief system
2. A moral community
3. Sacred objects Image
2

Sacred "objects" can be icons, gods, or ideas. Most religions have many.

- Christianity: God, Jesus, Virgin Mary
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These embody the values and rituals of the religion.
Read 20 tweets

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