The self checkout at grocery store and warehouses. Personally I think Costco $COST got it right, they have plenty of staffs to assist: for scanning as well as alcohol overwrite. Sam’s Club has one staff helping multiple lanes, but it also has a #scanandgo option in its app. /1
The scanning feature in the app works fairly well in my opinion. Local grocery stores Dierbergs and Schnucks have self checkout lanes too. I go to Schnucks more often and have used it’s self checkout many times: and yesterday evening I made a blunder as I had too many items /2
Their self scanning system was not designed to handle more than 10 items, also sometimes it’s hard to scan the bakery 🧁 items in plastic box, as well as meat 🥩 items /3
Now I recall Walmart $WMT has this self checkout feature too. It works fairly well when I used it recently (fewer than 10 items). Last but not least, it doesn’t appear that the self checkout is replacing cashier’s job with machine. For example Costco again, they are relentless/4
On customer service and they have plenty of staffs to cover the self checkout lanes. And I overheard two people talking their hourly pay is $22 per hour. This number is in the high end in St. Louis Missouri /5
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Looking at Blend Labs $BLND. I knew a bit about them a while ago, and then I saw $SOFI and $UPST came out from nowhere? The difference is it seems the latter 2 is B2C, vs the former is B2B. Btw, the CEO interview during Blend IPO. cnbc.com/video/2021/07/…
Uipath Insider Trades $4.5M In Company Stock finance.yahoo.com/news/uipath-in… via @Yahoo || This seems the reason for today's $PATH drop. Similar #TOST drop last few days (although the #Toast insider selling agreement is a bit convoluted, at least to me :-)
I am thinking a balanced approach for insider (especially founder) selling. On one hand, they should be able to sell some stocks to maintain their lifestyle (this is same for everyone, not same level, I mean the need of cash for lifestyle). At the same time, I think they... /2
should have #skininthegame by owning most of their net-worth in the company stocks. A similar rationale for CEOs who get a lot of company stock options. But the game was usually rigged in the latter scenario because CEOs / companies' stock buyback to pop up stock price. /3
NerdWallet Pops in IPO, Outshining Home Decor and Police Gear Debuts | The Motley Fool $NRDS fool.com/investing/2021…
NerdWallet seems found a niche in credit card rewards and personal finance (travel) space. It seems they are the biggest in the space.
A similar website is thedoctorofcedit.com. The latter is likely much smaller. I used to work in the credit card rewards space. It’s probably a more addictive feature compared to checking / saving account new account bonus. Think it more like $LULU vs $PTON /3
They choose China 他们选择中国 2005 via @YouTube || I heard about horrendous Chinese PoW stories in Korean war: both those that chose coming back to China, and those decided going to Taiwan. I think relatively speaking, the American PoWs were lucky. /1
About 10 years ago, I toured DC, and visited the war memorial place near Lincoln Memorial. koreanwarvetsmemorial.org/the-memorial/ || This reminded me some of the readings I had about Korea war. I think I agree with one of the war vet said in the youtube above: that is, war is basically BS. /2
PoWs traditionally were treated worse in China, compared to in the US. I mean the PoWs came back home. But I was a bit surprised some American PoWs were punished after the Korean war, during the McCarthy era. newyorker.com/news/news-desk… /3
Recently I received an unexpected bill from the Scholastic, the book publisher that does school book fair and book club. Upon further research I found it's likely related to my older daughter's book fair purchase. But there are two issues: 1) I gave e-wallet to my daughter, /1
2) I talked to my daughter and the amount seems not matching ($22 in the bill vs probably $12 spend). She no longer has the receipt, I know I know no judgement here. I was about to pay then I decided to give Scholastic a call due to some feedback associated with them. /2
Customer rep on phone is very polite, listened to my explanation, and said "I heard some complaints related to e-wallet. And I will bring up in our next meeting" or something like that. I told her the transaction number and all related info. She said my account has 0 balance. /3