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Jan 26, 2021 • 6 tweets • 3 min read
NEW: GameStop proves we’re in a "meme stock" bubble.
But what’s happening is very different than previous speculative crazes, writes @JamesSurowiecki. read.medium.com/d4x2TIV@JamesSurowiecki In a classic speculative craze, investors may take cues from each other — the fact that everyone is buying Internet stocks makes you think it’s smart to buy Internet stocks — but they’re not working together to make stock prices rise.
Jan 25, 2021 • 5 tweets • 3 min read
The vaccines are coming — and everyone’s rushing to get lip injections, writes @AlmostZara. read.medium.com/yZtJQIq@AlmostZara Like so many businesses in the pandemic, cosmetic surgeons took a big hit last March; there was less interest in beautification and more focus on shelter in place and toilet paper supplies.
Then, a shift. Practices reopened. Phones rang. Appointment after appointment was booked.
It was designed to be a currency, a new medium of exchange that people could, and would, use to transact daily business with each other. (That’s why we call it a cryptocurrency.) read.medium.com/wsMwEiN
Nov 23, 2020 • 7 tweets • 3 min read
Why everyone’s suddenly hoarding mason jars. read.medium.com/y3VZKqU
A representative of @TheJarStore, a national distributor of glass jars and lids, said her company had seen enormous spikes in sales in mason and canning jars starting in March, with mason jar revenue climbing *46 times* over what it was in 2019. read.medium.com/y3VZKqU
Nov 10, 2020 • 4 tweets • 2 min read
RIP $15 salads. read.medium.com/5MtsAht
The mass shift to remote work is a conspicuous problem for the salad industry.
Sweetgreen and nearly all the other chains are heavily reliant on capturing the office-worker lunch rush. read.medium.com/5MtsAht
Oct 19, 2020 • 4 tweets • 2 min read
As lockdowns have been lifted in most of the country and businesses have been able to reopen, supply shock has waned, only for a new problem to emerge: weak demand. read.medium.com/ceV7fz3
Even as businesses have been able to reopen, consumer anxiety over the continued spread of the pandemic is holding back the recovery by making it impossible to get back to business as usual, writes @JamesSurowiecki. read.medium.com/ceV7fz3
Sep 1, 2020 • 5 tweets • 2 min read
NEW: From airlines to Starbucks, a massive part of the U.S. economy hinges on white collar workers returning to the office.
But the move to remote work doesn’t show signs of stopping anytime soon. read.medium.com/CZc1nwl
These office workers supported small businesses like dry cleaners, gyms, food carts, florists, and pharmacies.
But they were also among the most vital customers and source of revenue for a slew of larger, less obvious businesses.
“Think 'Wolf of Wall Street' but jewelry,” one member of the tight-knit jewelry industry told @MRKR. read.medium.com/vY0ph8e
Fueled by a remarkably popular bangle bracelet design, the company was once one of the fastest-growing fashion brands of all time.
A 2014 investment by private equity firm Lion Capital valued the company at more than $1 billion — a rare unicorn with no tech startup pretensions.
Apr 24, 2020 • 8 tweets • 4 min read
Turns out online grocery shopping wasn't built like the rest of e-commerce. read.medium.com/mzxHcmF
Basically, online grocers just weren’t ready for this.
“This level of online shopping was, at best, forecast to occur five years from now,” says David Bishop, a partner at grocery research consultancy @BrickMeetsClick. read.medium.com/mzxHcmF
Apr 2, 2020 • 8 tweets • 3 min read
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read.medium.com/kDWgLTz
Around the world, in countries afflicted with the coronavirus, stores are sold out of toilet paper.
And we all know who to blame: hoarders and panic-buyers, right?
The mad scientists who engineered healthier sugar that actually tastes good. read.medium.com/bGRCTqU@DouxMatok is one of several startups racing to develop new sweeteners for the growing market of health-conscious shoppers.
NEW: The untold story of how Homepolish’s extremely Instagrammable house of cards came tumbling down. read.medium.com/vBdBDGQ
Homepolish CEO Noa Santos' plan was to simplify the fragmented interior design world and make it affordable to the masses.
But behind the company’s glossy Instagram feed was a messy reality, according to @MRKR's interviews with employees and designers. read.medium.com/vBdBDGQ
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