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Morning Brew ☕️ Profile picture
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27 Oct, 5 tweets, 2 min read
We're 300 followers away from flipping
@RampCapitalLLC

Let's get it done today, everyone.

#TeamBrew
@RampCapitalLLC Less than 100 away 👀
We've drawn level
We have officially done it
@ParikPatelCFA you're next

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More from @MorningBrew

Morning Brew ☕️ Profile picture
28 Oct
BJ Novak stock image mug is now for sale.

We hope @bjnovak stays too amused to do anything about it. ImageImage
shop.morningbrew.com/products/stock…
More context

twitter.com/i/events/14534…
Read 4 tweets
Morning Brew ☕️ Profile picture
28 Oct
In the doge-eat-doge world of meme coins, there’s a new alpha.

Thanks to a parabolic rally over the past few weeks, $SHIBA has leapfrogged dogecoin to become the ninth-most valuable crypto in the world.

Here's the backstory...and how it could save Robinhood. Image
This is not a typo.

Shibu has gained nearly 1,000% in the last month and more than 90,000,000% in the past year.

90. Million. Percent. Image
The origin story

While it comes from the same litter, shiba inu wants you to know it’s definitely not like dogecoin.

Founded in 2020 as an “experiment in decentralized spontaneous community building,” it’s actually been promoted as the “dogecoin killer.” Image
Read 12 tweets
Morning Brew ☕️ Profile picture
27 Oct
This wallet bought roughly $8,000 of $SHIB last August.

It's now worth $5.7 billion.

From $8,000 to $5.7 billion in roughly 400 days.

We may actually be looking at the greatest individual trade of all time.
Link to the wallet: etherscan.io/address/0x1406…
A thread on how $SHIBA may save Robinhood if any are interested.

Read 5 tweets
Morning Brew ☕️ Profile picture
27 Oct
Elon Musk is really really rich.

So rich that some Democrats have floated a “billionaire’s tax” to make Musk and his Perrier-drinking peers send a lot more of that wealth to the government.

A thread on what the "billionaire's tax" is.
The proposal is an attempt to raise billions in revenue to offset the costs of Democrats’ ~$1.75 trillion spending bill.

It’s...extremely unusual.
The tax would likely target a smaller group of individuals than any other tax in American history—those with $1 billion in assets, or who earn at least $100 million in income for three consecutive years. It could apply to just 700 taxpayers.

Basically, these people.
Read 11 tweets
Morning Brew ☕️ Profile picture
26 Oct
Elon Musk made auto history yesterday.

After Hertz ordered 100,000 of Tesla’s electric vehicles, the automaker’s share price jumped 12.7%, giving it a market capitalization of $1 trillion.

A thread on just how crazy that number is. Image
Only Apple, Amazon, Facebook, Google, and Microsoft have entered the four comma club in the US. Image
Facebook hit $1 trillion the fastest of all (within 17 years of being founded), but Tesla is currently worth about $83 billion more than the social media company. It took Tesla 18 years after its founding to reach the milestone. Image
Read 9 tweets
Morning Brew ☕️ Profile picture
11 Oct
Rising to the level of superstar athlete often comes with access to early-stage companies and relationships in the business world.

Here are ten of the most successful athlete investors based on deal frequency, best investment, and overall business acumen.

A thread
Kobe Bryant

Career earnings: $323 million

Investments: Dell, Epic Games, Alibaba

Alternative investments: Founded a media company, Granity Studios

Best investment: Body Armor. Turned $7 million into $200+ million
Shaq

Career earnings: $286 million

Investments: Krispy Kreme, Papa John’s, Auntie Anne’s, and Five Guys.

Alternative investments: Owns 40 gyms and 150 car washes, owns stake in Sacramento Kings

Best investment: Buying Google in 1999
Read 13 tweets

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