The SLOW and Painful DEATH of Plant Based Meat
This is a story about the deserved downfall of the “fake meat” industry.
The idea of “plant-based” meat gained popularity in the late 2000s, disrupting the food industry with high revenues, celebrity endorsements, and a promise to change eating habits. However, they now face a rapid decline due to various challenges.
Despite once being considered unstoppable, the reasons behind this downfall remain puzzling.
Plant-based meat options have evolved significantly since their inception in 1981, offering options like 3D printed meat and meticulously crafted alternatives mimicking real meat.
The initial goal was to revolutionize eating habits and make veganism more appealing, but it seems to have had the opposite effect.
Consumers are skeptical of health and environmental claims, realizing that many plant-based options are heavily processed and resemble ultra-processed foods.
These products, laden with unpronounceable ingredients, are now widely recognized as unhealthy and potentially addictive, contributing to global health issues.
Moreover, negative publicity from lawsuits, including concerns about safety and misrepresentation, has further eroded trust in the industry.
Unlike traditional meat, which has a long history, plant-based meats lack a robust foundation to weather such challenges.
Furthermore, the business models of companies like Beyond Meat are under scrutiny, facing issues such as high costs and operational inefficiencies.
Despite an initial surge in value, these companies struggle to maintain profitability, hampered by debt and manufacturing difficulties.
As a result, the once-promising environmental benefits of plant-based meats are also being questioned.
Claims about health benefits are now seen in a different light, with studies showing correlations rather than causations, and lifestyle factors skewing results.
Overall, the innovation of plant-based meats faces significant obstacles in delivering clear benefits over traditional meats and must address concerns about health, environment, and operational efficiency to regain consumer trust and market viability.
Music
Decimate - Jeremy Blake
Seeds Of Possibilities - Laurent Dury
Dream It - TrackTribe
Sub Urban Cradles - Piano Cover
22
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The TERRIBLE Economics of Vimeo
Why is no one talking about the slow painful quiet DEATH of Vimeo?
Once upon a time a video sharing and hosting company called Vimeo became a publicly traded company on the stock market. It had a surge in demand and popularity during the worldwide shut down and investors jumped at the opportunity. This led Vimeo's initial stock to be valued as one of the highest in recent history.
The video software and management platform did extremely well during the twenty-twenty shut down. In June of twenty twenty one the company was growing revenue by forty one percent year over year. This was driven by a jump in subscriber growth which started when everyone was forced to stay at home, which also led to a growth in the average revenue brought in per user.
The company capitalised on this growth by getting listed on the stock market in twenty twenty one but Vimeo’s stock prices have fallen off a cliff since then and are currently down by around ninety percent.
Vimeo is a play on the words "video" and "me”. It is a video-sharing platform that allows users to upload, edit and watch videos.
Unlike YouTube, everyone and anyone can watch content on Vimeo free of ads.
So How Does Vimeo Make Money? Vimeo makes most of its revenue from its content creators that pay a subscription fee for professional accounts.
And this is the first problem with Vimeo’s business model.
YouTube makes more money because it has more viewers watching ads, while Vimeo relies on a smaller group of people who choose to pay for special features.
The challenge for Vimeo is that not as many people will choose to pay for these extra features when compared to the larger number of people who will watch YouTube for free.
And this model can very quickly lead to a cycle of decline. If fewer viewers watch content, creators will make less money, which will lead to less content on the site, which leads to fewer visitors to the site and so on.
Vimeo’s Pro members are able to monetise their content through different methods like Vimeo On Demand, which allows users to buy or rent content behind a paywall. This pro membership also allows content creators to give their fans unlimited access to their content through a monthly subscription fee with Vimeo only taking 10% of the revenue plus processing costs.
Although Vimeo has managed to stay in business for twenty years without using the YouTube ad revenue model, it is much harder to stay profitable using a subscription model and this model also makes it almost impossible to take market share away from YouTube.
This leads on to the next problem. YouTube is owned by Google. Google dominates search engines and prioritises YouTube videos over video content from other platforms like Vimeo.
Another reason why Vimeo is not as popular as it could be is there are extremely limited features for free basic users when compared to YouTube. For instance, there are features that are only available to Pro Vimeo members but YouTube offer the exact same features for free. An example of this is Vimeo offers great back end analytics. However, in order to dig deep into statistics and get useful and detailed information, you will need to pay. While YouTube provides all this information for free.
Basic free Vimeo accounts also have upload limits, limited access to their online video editing tools and limited access to uploading with higher video quality. While YouTube provides all of these types of features for free and with no limitations.
Things looked like they would turn around for Vimeo when they planned to replicate the Netflix model. However, the company eventually abandoned the project after spending tens of millions on original content and programs.
But Vimeo’s overall loss of popularity made more and more Pro members question whether or not they were still getting enough value for their monthly membership subscription fee.
Vimeo sent ultimatums to video creators who are using a high amount of bandwidth and asked them to pay a higher subscription fee or leave the platform. This caused a huge amount of confusion and panic over whether existing pro members would potentially lose their video work if they were not able to afford the new higher fees.
This gamble led to a max exodus from the site. The stock market responded with a small jump in price upon announcing the new strategy but then it later continued on its downward trend.
As audiences continue to fall, so does growth and their stock price. But it seems that Vimeo are determined to stay with their current business model so it is hard to see how the company will ever recover from their never ending downward spiral while YouTube continues to aggressively expand and scoop up more marketshare.
Music:
From Russia With Love - Huma-Huma
Decimate - Jeremy Blake
Dream It - TrackTribe
W. A. Mozart, Symphony No.38 in D major - A Far Cry
Sub Urban Cradles Piano Cover
66
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Why Do So Many Airlines Go Bankrupt AFTER Summer?
There is a weird pattern of post summer airline failure that no one talks about.
Discover the unsettling truth behind the demise of major airlines like Monarch Airlines, Azur Air Germany, Primera Air, Small Planet Airlines, XL Airways, Aigle Azur, and Thomas Cook Airlines, all meeting their end just after summer's close. In this detailed exploration, we delve into the recurring pattern of airline collapses, revealing a common thread: a sharp decline following the lucrative summer season. But why does this trend persist?
Examining the characteristics of these failed carriers, we uncover two key factors: a focus on the European market and a concentration on summer leisure travel. The allure of summer holidays presents a profitable opportunity for airlines, catering to cost-conscious travelers willing to forgo luxuries for affordability.
Yet, the airline industry's volatility exposes it to myriad external pressures, from fuel price fluctuations to unexpected natural disasters like the Icelandic volcano eruption of 2010. Such events disrupt operations and strain finances, especially for carriers heavily reliant on summer traffic.
Contrary to expectation, the aftermath of summer doesn't signal financial stability for these airlines. Despite peak revenue, pre-summer bookings mean they face peak expenses during the season, including high-demand items like airport slots and jet fuel.
Financially stretched, many carriers barely break even or incur losses during summer, leaving them vulnerable in the leaner fall and winter months. Any unforeseen setback during this period spells disaster, as evidenced by the abrupt collapse of Wow Air.
The vulnerability of summer-focused airlines during the post-summer period underscores the precariousness of their business model.
Despite this, the allure of summer profits continues to attract new startups, perpetuating a cycle of risk and reward in the airline industry.
Join us as we unravel the complex dynamics driving airline bankruptcies and explore the delicate balance between profitability and peril in the aviation sector.
Music:
From Russia With Love - Huma-Huma
Dream It - TrackTribe
Antonio Vivaldi Winter Full The Four Seasons
Carmen- Habanera (Instrumental)
Seeds Of Possibilities by Laurent Dury
Science Montage - Jeremy Blake
Sub Urban Cradles Piano Cover
13
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How Google Plagiarized A Start Up Then Made It Disappear FOREVER
Google copied it's business model from a small search engine then made it disappear from history.
The evolution of Google from a struggling startup to the world's leading search engine by adopting a key idea from its early rival, Go Two dot com. Initially founded in 1998 by Larry Page and Sergey Brin, Google's groundbreaking Page Rank algorithm differentiated it from competitors like AltaVista and Inktomi. Despite securing venture capital, Google faced financial challenges and explored advertising models to generate revenue.
Enter Go Two dot com, founded by Bill Gross, which introduced a novel appqroach to combat spam in search results—paid search. Unlike Google's algorithmic solution, Go Two allowed websites to pay for top placement, creating an efficient and accountable advertising model. While Google initially resisted such methods, financial pressure prompted a closer look at
Go Two's success.
Go Two's approach thrived, securing a deal with AOL in 2000, but its reliance on backend search deals for other companies hindered its potential as a standalone search engine. Meanwhile, Google rejected a partnership with Go Two, opting to develop its own pay-per-click, auction-based search advertising system called AdWords.
As Google's AdWords and AdSense propelled its revenues, Go Two, later rebranded as Overture, struggled and was eventually sold to Yahoo in 2003. Google's success continued, with a market cap of $1.536 trillion.
Despite similarities in the advertising model, the script emphasizes that Google did not steal Go Two's idea. Bill Gross, the mind behind Go Two's paid-search model, did not patent the concept, allowing Google to freely adopt it. Gross, reflecting on the situation, expressed pride in his contribution but acknowledged Google's superior idea of organizing the world's information.
In essence, the script unfolds the contrasting fates of Google and Go Two, showcasing the pivotal role of innovative advertising models in shaping the trajectory of these internet giants.
6
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eBay’s Bizarre Cockroach Cult (Live Insects, Bloody Pigs and De@th Threats)
This is the twisted story of how small cult of eBay employees turned life into a nightmare for an unsuspecting innocent coupon called the Steiners, co-publishers of Ecommerce Bytes. The group employed juvenile and grotesque tactics straight from the dark corners of the corporate soul.
The Steiners, married for over 30 years, operated a news website covering eCommerce industry news, providing a platform for sellers to voice their concerns. The majority of their readers were sellers on major platforms like eBay, Amazon, and Etsy, making them a crucial voice in the industry.
However, their peaceful existence crumbled when, on August 8th, they were bombarded with unusual newsletter sign-ups, followed by relentless Twitter harassment featuring threats like 'Shut up, or else.' The situation escalated with deliveries of disturbing items, including a pig mask from the horror movie "Saw" and boxes of live cockroaches and spiders.
Despite involving the police, the torment continued, spreading to the Steiners' neighbors with explicit material, fake yard sale listings, and even a book on surviving the loss of a spouse addressed to David Steiner. The nightmare reached its zenith with a funeral wreath delivered to their doorstep, signaling the onset of a real-life horror movie.
The turning point came when David noticed a car following him, capturing a photo of the license plate that prompted law enforcement to intensify their investigation. Veronica Zea, an eBay employee, emerged as a key figure, but her escape and subsequent home confinement only added to the mystique of the case. The FBI took charge, leading to the indictment of six eBay employees and contractors, unraveling a sinister plot hatched within eBay's corporate headquarters.
The revelation exposed a toxic corporate culture, fueled by pressure from hedge fund Elliott Management and a desire for career advancement. The eBay employees formed a cult-like group, orchestrating a relentless campaign to crush the Steiners' critical coverage.
In a shocking twist, eBay itself avoided criminal charges, raising questions about corporate accountability. Top executives, Devin Wenig and Steve Wymer, were found innocent, despite incriminating messages. Wymer was fired, while Wenig resigned with a substantial exit package.
The Steiners embarked on a civil case against eBay and its former executives, seeking justice for the unimaginable torment they endured. This riveting true story exposes the dark underbelly of corporate power, illustrating the lengths some are willing to go to silence dissenting voices. Join us as we delve into the shocking details of the eBay scandal, a tale of corporate conspiracy and the quest for justice.
12
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Why YouTube Will Regret Banning Ad Block
YouTube's desperate war against ad blockers that is guaranteed to fail and result in a major self-sabotage. YouTube engages in a confrontational stance against ad blockers, having lost the initial battle and escalating measures with stricter restrictions, including account suspensions and potential legal actions for repeat offenders. This aggressive approach is likely to have negative repercussions, as attacking its own user base is unsustainable in the long run.
The crackdown began with attempts to prevent video playback for users employing ad blockers, leading to workarounds, increased ad blocker effectiveness, and potential legal challenges from certain countries. In response, extension developers and browsers like Brave found ways to evade detection while blocking ads.
Undeterred by these setbacks, YouTube adopted a new strategy to compromise the experience for ad-blocking users, incorporating intentional delays before video pages load. This move, confirmed by YouTube, aims to thwart ad blockers across all browsers. Users encountering delays are urged to disable ad blockers, with YouTube suggesting that such issues will persist as their ad-blocker detection methods improve.
Google's campaign against ad blockers extends to Chrome, introducing changes that undermine popular ad-blocking extensions like uBlock Origin. This follows the shutdown of YouTube Vanced, a modified ad-free version for Android. If these measures prove ineffective, YouTube contemplates blacklisting ad-blocking users, citing violations of the platform's Terms of Service, potentially leading to account suspension and legal action for persistent offenders.
Despite YouTube's determined and aggressive efforts, the strategy is likely to backfire. Many users prefer discontinuing platform use over enduring intrusive ads, while YouTube Premium's cost is deemed excessive by a significant portion of the user base. Drawing parallels to the music industry's unsuccessful battle against piracy, YouTube is urged to innovate, aligning with user preferences to avoid brand resentment and potential loss of its current monopoly to emerging alternative platforms. Ultimately, coercive tactics are expected to give way to user-driven innovation or risk users migrating to more accommodating platforms.
Music:
From Russia With Love - Huma-Huma
Carmen Habanera (Instrumental)
Dream It - TrackTribe
117
views
2
comments
YouTube Regrets Banning Ad Block
YouTube's attempt to ban ad blockers backfired, creating unintended consequences. The video-sharing platform initiated an unprecedented crackdown, pausing streamed videos to prompt users to disable ad blockers, subscribe to YouTube Premium at $13.99 per month, or whitelist the platform for ad display. Failure to comply would result in users being unable to watch videos, with potential account penalties left unspecified.
This aggressive approach triggered a wave of complaints on platforms like X and Reddit, where users expressed dissatisfaction with YouTube's ad frequency. A notable Reddit post titled "Bye bye YouTube" gained substantial traction, accumulating 21,000 upvotes and nearly 10,000 replies in four days, highlighting the widespread discontent.
Despite YouTube's assertion that ad blockers violate its Terms of Service, users found workarounds, utilizing tools like Tampermonkey scripts, uBlock Origin in Chrome, or switching to alternative browsers, avoiding detection by YouTube. Concerns about potential account termination for continued ad blocking persisted, but the majority of users opted for undetected workarounds.
Some users suggested supporting content creators directly through donations rather than platform payments, citing the challenge of convincing viewers to contribute beyond ad revenue. YouTube pays content creators 55% of net ad revenues, but with fluctuating ad revenue, the platform sought stability by implementing stricter ad-blocker policies and removing individual ad choices for creators.
YouTube's struggle with ad revenue fluctuations prompted additional profit-seeking measures, such as a price hike for YouTube Premium from $11.99 to $13.99 per month. However, the platform faced resistance, as many users considered the cost too high for an ad-free experience. Ad blockers quickly adapted to YouTube's new rules, rendering the platform's efforts ineffective.
In the end, YouTube finds itself in a challenging position, realizing that costs are not inherent but rather determined by what users are willing to pay. The majority of ad-block users remain unwilling to pay $13.99 for an ad-free experience, highlighting the perpetual challenge for YouTube to enforce and maintain its policies in the face of user resistance and evolving technology.
Music:
From Russia With Love - Huma Huma
Carmen: Habanera (Instrumental)
Dream It - TrackTribe
In The Hall Of The Mountain King (by Grieg)
Forzisimo Adrián Berenguer
231
views
5
comments
Disney’s DUMBEST Business Venture
Go.com was the $1.3 billion dollar fail that almost broke the Disney corporation in the early 2000’s.
In the late 1990s, as the digital revolution was gaining momentum, Disney recognized the need to establish a robust online presence. This realization led to the conception of Go.com, a visionary project that aimed to leverage the burgeoning internet to promote Disney's vast array of content. With an estimated expenditure of a staggering 1.3 billion dollars, Go.com was poised to be a game-changer for the entertainment giant.
Officially registered on January 9, 1998, Go.com was envisioned as a portal that would serve as the gateway to Disney's expansive content universe. This strategic move followed Disney's acquisition of the Infoseek search engine, setting the stage for a pioneering venture known as the Go Network. Launched on January 15, 1999, the Go Network boasted an impressive lineup of content providers including Disney, ABC News, ESPN, Buena Vista, and various other entities operating under the Disney umbrella.
In its nascent stages, Go.com garnered significant attention through seamless integration into a myriad of media channels. Soap operas, movies, news broadcasts, sports events, and even Disney's own programming proudly declared their affiliation with the Go Network, enticing curious visitors to explore the platform. The initial reception appeared promising, hinting at potential success for Go.com.
However, as the project gained traction, it encountered a series of formidable challenges that ultimately foreshadowed its tumultuous trajectory. One pivotal setback arose in January 2000 when Go.com was compelled to abandon its original stoplight logo due to a trademark complaint filed by GoTo.com, a pre-existing search engine with a strikingly similar logo. This legal dispute, coupled with GoTo.com's established presence, raised concerns that Disney's branding strategy could potentially confuse and divert users from the competitor. A judicial ruling sided with GoTo.com, resulting in a substantial settlement of 21.5 million dollars against Go.com.
Another pivotal issue emerged as Disney grappled with the financial burden of operating a broad-spectrum search engine. The lack of a clear-cut business model and the exorbitant costs associated with maintaining such a platform led to a strategic pivot. Company officials announced a shift from a general-purpose portal to one focused exclusively on entertainment content. While this adjustment allowed for better management of resources, it also led to a decline in visitor numbers and a dip in the site's overall popularity.
Furthermore, it became evident that internet users gravitated towards search engines for direct access to content, rather than relying on directories. This user behavior posed an insurmountable challenge for Disney, despite extensive promotional efforts on their own shows and affiliated channels.
In March 2001, Go.com made a significant move by transitioning to a search engine provided by goto.com, a pivotal decision that marked a turning point for the project. Simultaneously, Disney announced the impending closure of Go.com, prompting the layoffs of approximately four hundred employees and the retirement of the Go.com portal. This move also signified the end of Go.com's volunteer-edited directory, leading some volunteers to establish or migrate to offshoot directories like JoeAnt, GoGuides.org, and Skaffe.com.
Surprisingly, despite the announcement of its closure, Go.com has defied expectations and remains operational to this day. Its current iteration resembles a comprehensive sitemap, aggregating links to all of Disney's products, online resources, and associated businesses.
The saga of Go.com serves as a cautionary tale for even the most visionary of companies. While Disney has proven itself adept at creating and managing iconic brands, Go.com stands as a stark reminder of the perils of venturing into new technological frontiers without a clear business model or a deep understanding of the associated costs. Ultimately, the project's downfall can be attributed to a failure to acknowledge and adapt to user preferences for a browsing experience free from overt corporate influence. As the dust settles, Go.com remains a testament to the complexities and challenges of the digital landscape, leaving an indelible mark on Disney's storied history.
Music:
Forzisimo Adrián Berenguer
Dream It - TrackTribe
92
views
Meet The Pastor Behind The Shoplifting Epidemic
The most unlikely source of the Home Depot shoplifting crime epidemic is a 56 Robert Dell, a seemingly ordinary church pastor.
He emerges as the orchestrator of a widespread shoplifting epidemic plaguing retailers across America. This meticulously organized operation, costing retailers hundreds of millions annually, has far-reaching implications for communities and businesses alike.
Dell's story takes a surprising turn as we learn of his dual role as the former director of a halfway house for recovering drug addicts in St. Petersburg, Florida. Exploiting his position of trust, Dell allegedly coerced vulnerable individuals under his care to engage in theft, leveraging his authority to manipulate them into the scheme.
The stolen goods, carefully selected for their ease of concealment, retained value, and high demand, primarily hailed from Home Depot stores. These technical tools became the currency of Dell's operation, promptly finding new owners on the online market. Dell's eBay moniker, "Anointed Liquidator," unwittingly served as a digital storefront for these illicit transactions, ultimately becoming the linchpin in the unraveling of his criminal empire.
As authorities honed in on the eBay account, a pattern emerged. Tools matching those reported stolen from stores consistently surfaced on "Anointed Liquidator" shortly after their disappearance. This crucial discovery provided the groundwork for a seven-month investigation that culminated in Dell's apprehension on August 7, 2023.
The scope of this operation extended beyond Dell himself, as co-conspirators were identified in the form of his wife, Jaclyn Dell, and his mother, Karen Dell. Allegations suggest their involvement in the collection, shipment, and payment for the stolen goods, further complicating an already intricate web of deceit.
The targeted Home Depot stores were strategically located across multiple counties, spanning hundreds of miles within Florida. Their losses, estimated at over five million dollars, prompted a collaboration between the company and Florida law enforcement, instigating a rigorous investigation led by Attorney General Ashley Moody's office.
Dell, now facing charges including racketeering, conspiracy to commit racketeering, and dealing in stolen property as an organizer, has entered a not-guilty plea. In response to these shocking revelations, The Rock Church, where Dell once served as pastor, publicly disassociated from him, asserting that he had not been affiliated with the church for two and a half years.
This revelation sheds light on the alarming surge in retail crime plaguing the United States. Beyond immediate financial losses, it has far-reaching consequences, leading to store closures and impacting communities already grappling with access to essential resources. Smaller businesses face dire straits, with millions in losses forcing them to pass on the burden to law-abiding customers through increased prices.
The story of Robert Dell serves as a stark reminder that crime knows no bounds, and those we least suspect may be harboring the most audacious of secrets.
Music:
Black Vortex Scoring Action by Kevin MacLeod
Forzisimo Adrián Berenguer
Dream It - TrackTribe
Sub Urban Cradles Piano Cover
173
views
The Secret Way Rich People AVOID Paying Taxes By Living At Sea
Rich people are avoiding taxes by living on the ocean full time through little known tax loopholes that no one is talking about.
This unique approach involves luxury floating apartments, endless travel, and a zero tax bill each year. Here's how it works:
* Residence Rules and Tax Exemption: Most countries have residency-based tax laws. For instance, in the U.K., spending fewer than 183 days a year exempts you from local taxes on overseas income. This includes waters within 12 nautical miles of the coastline.
* Floating Tax Havens: These are ships that sail in international waters, spending minimal time in any country's national waters. This keeps passengers outside of tax jurisdiction during their stay.
* Types of Floating Tax Havens:
* Residential Ships: Like the World Cruise Liner, offering a blend of cruise and private residence. Passengers can establish a zero tax status if set up correctly.
* Private Yachts: An option for those who prefer privacy and can't invest in a shipboard apartment. Yachts offer comfort and the potential for tax savings in certain regions.
* Requirements for Residential Ships:
* Personal wealth of at least ten million dollars.
* References from two current ship residents.
* Pass background checks.
* Yearly income of up to nine hundred thousand dollars for food and maintenance.
* Investment and Costs: The World offers luxury apartments ranging from $4,300 to $6,200 per sq. ft. Cabins range from $1.8 to $15 million. Facilities include sports, spa, library, and more.
* The World's Itinerary: The ship spends around two-thirds of the year at sea, visiting exotic locations worldwide.
* Floating City Project: The Freedom Ship, a future project, aims to house 50,000 people and offer a more affordable alternative.
* Private Yachts: An option for those seeking privacy and comfort. Yachts can be a cost-effective means to explore tax-saving opportunities.
Remember, there are important considerations:
* U.S. citizens must give up their citizenship due to tax obligations.
* No permanent legal status may mean limited access to healthcare, tax treaties, or pensions.
* Setting up tax-free status requires legal and tax expertise, and may not be foolproof against aggressive tax enforcement.
Discover how the world's quiet elites live tax-free on the open seas. Don't miss out on this intriguing tax strategy.
Music:
Dream It - TrackTribe
The Duel - Bensound
Til I Hear'em Say - NEFFEX
52
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The Invincible Dollar Store Model Just Got DESTROYED
Dollar stores have always been successful during economic crises and downturns so why are they struggling now?
In this comprehensive analysis, we delve into the current challenges besieging dollar stores against the backdrop of an economic landscape characterized by high interest rates and surging inflation. Historically, dollar stores have been bastions of stability in times of financial downturns, providing cost-effective solutions for everyday essentials. However, the present scenario paints a different picture, exposing vulnerabilities in their once unassailable business model.
Join us as we uncover a narrative marked by hundreds of store closures, missed profit targets, and staggering losses in the stock market. We explore the shocking accounts of mass employee resignations midday, and even a nationwide infestation of toxic rats, reaching a level where it led to the discovery of deceased birds.
The backbone of the dollar store's success lies in its streamlined and highly profitable model, driven by low operating costs, a workforce paid at minimum wage, and bulk purchasing, which enables them to offer the lowest retail prices. During economic hardships, dollar stores typically flourish, exemplified by The Dollar Tree's stock price surge during the 2008 financial crisis and a seven percent rise in same-store sales during the 2009 peak in unemployment.
However, in the current era of high inflation, these stalwarts of thriftiness are facing unprecedented challenges. The Dollar General, for instance, has seen a precipitous double-digit drop from its all-time highs, transforming it into one of the weakest links in the U.S. retail sector.
The crux of the matter lies in the demographics of their customer base. Dollar General primarily caters to individuals with an average yearly income of under $40,000, while Costco's patrons boast an average household income of $128,000 per year. This disparity is the linchpin for the disparity in their performances. Dollar General's shoppers are more sensitive to economic fluctuations, whereas Costco's customers wield more robust financial stability and discretionary spending.
This dichotomy paints a vivid picture of the harsh reality faced by the nation's consumer-dependent economy. When high- and middle-income shoppers face economic strain, they adjust their spending habits, opting for more budget-friendly options. However, lower-income households, with fewer financial buffers, tend to pull back significantly, resorting to credit cards and relying on assistance programs.
Furthermore, they limit their purchases at dollar stores to essential items like food, which carries lower profit margins compared to discretionary goods. This stark reality is compounded by the fact that dollar stores can no longer boast the rock-bottom prices they were once renowned for.
Dollar stores traditionally thrived on a model of bulk purchasing and selling products at incredibly low prices. However, the inflationary surge has disrupted this equilibrium. Tight profit margins, coupled with increased prices across the board, have forced dollar stores to reevaluate their pricing strategies. Now, their once significant savings compared to big-box stores have dwindled.
Moreover, these thin profit margins hinder investment in store maintenance and skilled workforce, resulting in a series of public relations nightmares. From consumer protection lawsuits to store closures due to extreme conditions, the integrity of dollar store chains has been severely compromised.
To make matters worse, a surge in shoplifting has cost these stores tens of millions of dollars, exacerbating their financial woes. The retail landscape is evolving rapidly, and dollar stores find themselves at a critical crossroads. Will they adapt to these new challenges or face an uncertain future? Only time will tell if the dollar store business model can weather this storm as it has in the past.
Music
Black Vortex Scoring Action by Kevin MacLeod
Bensound - Thee Duel -bensound.com
Dream It - TrackTribe
Sub Urban Cradles Piano Rendition
42
views
Why Starbucks is the WORST BANK In The World
“Starbucks is a bank” is a genius strategy where millions of Starbucks customers who are members of the rewards programme are essentially loaning the business around $1.6 billion at a 0% interest rate.
That's right, this substantial sum arises from outstanding gift card balances within its loyalty program. Interestingly, this amount exceeds a staggering 85% of the deposits held by conventional U.S. banks, which typically possess less than $1 billion in customer deposits.
However, here's the twist: Starbucks doesn't operate like your typical bank. They employ this substantial $1.6 billion as a zero percent interest rate loan. And the kicker? They pay it back in coffee, not actual money!
Every year, approximately $10 billion is loaded onto the Starbucks Card program, accounting for nearly half of the company's sales. Customers have embraced the convenience of app-based transactions, enjoying rewards and perks with each purchase. This approach encourages them to add funds to their accounts, allowing Starbucks to hold onto their customers' money without incurring costs.
And the plot thickens.
Unlike traditional banks, Starbucks is exempt from the regulations that oversee customer fund storage. No need for segregated banking systems, no investment in low-risk government bonds, and no requirement to manage capital and liquidity for safeguarding customer deposits. They are also free from strict KYC (Know Your Customer) and anti-money laundering rules. Furthermore, they don't need to report to the SEC (Securities and Exchange Commission). In essence, Starbucks can utilize these funds as they see fit, giving them a financial edge in advertising, marketing, and business expansion.
But that's not all.
Starbucks benefits from customers who fail to redeem their gift card balances. This translates to extra revenue for the coffee chain. For instance, in 2018, they gained a profit of $155 million from unused gift card balances. By 2022, this number had risen to $196 million.
In summary, Starbucks not only avoids paying interest on customer deposits but also manages to retain a significant portion of the deposited funds for their use. It's a double win for the coffee powerhouse.
However, there's a catch.
While this strategy benefits Starbucks, its customers miss out on earning interest and withdrawal options. There are no regulatory safety measures in place, and many customers even forget about their deposited money. For these individuals, Starbucks might just be the worst "bank" in the world.
Music:
Dream It - TrackTribe
48
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The Airline Bankruptcy That BROKE Iceland’s Entire Economy
This company went bankrupt and completely destroyed Iceland’s tourism industry and threaten to put the country into recession.
This gripping story unfolds on a fateful day in March 2019 when WOWAir, a trailblazing Icelandic airline, abruptly halted operations.
🛫 High-Flying Beginnings:
Explore the rise of WOWAir, a beacon of growth and innovation in Iceland's history. Discover how entrepreneur Skúli Mogensen's vision transformed Reykjavik into an international air hub, boosting the economy and bringing in millions of new tourists.
💸 The Price of Success:
Delve into WOWAir's meteoric ascent, fueled by rock-bottom fares and pioneering direct routes. Learn how the airline's game-changing pricing strategy attracted hordes of lower-middle-class tourists, reinvigorating Iceland's economy after the 2008 financial crisis.
🛢️ The Cracks Beneath:
Uncover the hidden challenges that brewed beneath WOWAir's success. Explore the detrimental impacts of rapid expansion, overambitious upgrades, and the relentless pressure of fluctuating fuel costs. The strain on profitability and cash flow would prove to be their downfall.
💥 The Unraveling:
Witness the company's desperate attempts to stave off bankruptcy, from seeking partnerships to slashing unprofitable routes. Despite these efforts, WOWAir's financial turmoil escalated, leading to an abrupt shutdown that left passengers stranded and Iceland's economy teetering.
📉 A Nation Shaken:
Grasp the aftermath as Iceland's tourism sector crumbled overnight. Absorb the shockwaves as international visitors plummeted by 16%, sending the Icelandic Krona's value tumbling by 3.7%. The once-thriving industry hung in the balance.
🔍 Lessons Learned:
Analyze the unparalleled case of WOWAir's collapse, underscoring how a single company's failure reverberated across an entire nation's economy. Unveil the intricate web of dependencies that tied Iceland's fate to the fortunes of this airline.
This riveting saga is a stark reminder of the fragile interplay between business and national economies. Join us as we dissect the tale of WOWAir's rise and fall, a poignant cautionary tale etched into Iceland's history."
Music:
Black Vortex Scoring Action - Kevin MacLeod
Steamboat - Mini Vandals
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How Avatar Actually Lost Money
80% of all Hollywood movies lose money and 100% make a LOSS on paper. Even the highest grossing film of all time (Avatar) lost money in technical terms. Welcome to the world of “Hollywood Accounting," where the seemingly impossible happens – movies that gross billions of dollars worldwide are mysteriously reported as losses. This video uncovers the secret techniques and strategies that underlie this intricate dance between creative content and financial wizardry.
The journey begins by dissecting the paradox of Avatar, a film that stands atop the highest-grossing chart but, in the world of accounting, is portrayed as an endeavour that incurred massive losses. However, this tale is not unique; it's a symptom of an industry-wide practice that has been dubbed "Hollywood Accounting."
Venturing back to 1999, we hear the story of David Prowse, the actor who famously donned the Darth Vader suit in the original Star Wars trilogy. Prowse's experience sheds light on a common narrative: despite Return of the Jedi's staggering $480 million in global earnings against a modest $32.5 million budget, the film's accounting ledger suggests no profit. How can this be? This bewildering scenario is a result of meticulously crafted creative accounting tactics, so deeply ingrained in the industry that they've earned their own Wikipedia page.
"Creative accounting" is an understatement for Hollywood's financial practices. Instead of inflating profits to attract investors or shareholders, the system inflates production costs to achieve an entirely different objective: ensuring that films perpetually appear unprofitable. The process unfolds by establishing each film as a separate corporate entity, a mere shell designed to accumulate financial losses. This elaborate scheme involves overcharging these entities for every facet of production – from filming to marketing to distribution.
Imagine a fictional scenario where Superhero Studios creates a shell company, Superhero Film X.Y.Z. Incorporated, to film their latest blockbuster. As production costs mount, the shell company accrues debt, while the studio essentially pays itself for various services. This convoluted process can turn a $100 million production into a billion-dollar debt for the shell company.
The ulterior motive behind this web of financial manipulation is revealed when it comes time to allocate profits. Actors, writers, and other stakeholders who have profit-sharing agreements find their promised earnings conveniently nonexistent. With a wave of the hand, producers can point to the shell company's debt and assert that no profits are available to distribute. Even Winston Groom's tale of Paramount Pictures' Forrest Gump offer – a paltry $350,000 and a 3% share of net profits – turns tragic when the film's astronomical success does not translate to on-paper profits.
The question remains: why hasn't this audacious financial maneuver been halted? Participants are bound by contractual agreements that oblige them to adhere to the studios' accounting rules. Although legal challenges have arisen, the complexity of the issue and the uncertainty surrounding actual profits often lead to settlements, perpetuating the cycle.
In a bittersweet twist, A-list actors who wield considerable influence manage to bypass this treacherous financial labyrinth. By securing gross profit and total revenue shares in their contracts, they safeguard themselves against Hollywood Accounting's deceptive charms.
As this video reveals, the likes of Avatar and Return of the Jedi, iconic films that have captured the hearts of audiences worldwide, have a secret life behind the scenes – a life of financial smoke and mirrors, where billions in earnings become phantom losses. Join us on this journey through the shadows of Hollywood's accounting practices and witness how the silver screen's grandeur can obscure the financial truths that lie beneath.
Music:
Dream It - TrackTribe
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TikTok Weight Loss Drug Users Are Getting A BRUTAL Reality Check
Ozempic is the viral TikTok weight loss pill but is now becoming a nightmare with lots of side effects and problems its users did not know about beforehand:
* Possible short term health effects including nausea, stomach upset, headaches and even a potential cancer risk.
* Cost: Ozempic and similar drugs can be expensive, typically costing around $1500 per month, and may not be covered by health insurance.
* Weight Regain After Stopping: People who stop taking Ozempic often experience weight regain, sometimes even more than they initially lost.
* Unknown Long-Term Side Effects: The long-term side effects of using drugs like Ozempic and Wegovy over many years are not yet fully understood.
* Ozempic Face or Ozempic Sag: Rapid weight loss with Ozempic can lead to excess skin or a droopy face, as it often involves muscle loss.
Ozempic does have some advantages:
* Weight Management: Ozempic has been found to promote weight loss in individuals with type 2 diabetes. It helps suppress appetite, leading to reduced caloric intake. The weight loss effect can be beneficial for those who are overweight or obese, as it can improve insulin sensitivity and overall metabolic health.
* Possible Use in Treating Different Forms of Addiction: Ozempic, known for its weight loss benefits, may also have applications in treating addiction, including shopping and drinking addictions. By influencing the brain's reward pathways, Ozempic shows promise in reducing cravings and compulsive behaviors associated with addiction. Further research is needed to fully understand its potential in addiction treatment, but early findings offer hope for those seeking effective interventions in overcoming these challenges.
* Profitability and Revolutionizing the Weight Loss Industry: Ozempic is a highly profitable drug that has gained interest from organizations like Weight Watchers. GLP-1 obesity and type 2 diabetes drugs reached an estimated $80 billion in peak worldwide sales, highlighting its impact on the weight loss industry.
It's essential to consider these factors and have open discussions with healthcare professionals before starting Ozempic or any other weight loss treatment.
0:00 Why is Ozempic Popular?
1:!3 The Weight Loss Industry Revolution
2:33 Ozempic Is Effective
3:49 Ozempic Cures Addiction?
5:15 When you stop Ozempic?
5:58 The Cost
6:44 Serious Side Effects
8:59 The Truth About Ozempic
11:48 The Off Label Problem
14:13 Making It At Home
15:11 No Long Term Data
17:52 Fast Growth
18:47 The Biggest Flaw
Music
Volatile Reaction - Kevin Macleod
Final Battle of the Dark Wizards - Kevin Macleod
Original video sources:
Ozempic Shakes Up Weight Loss Industry
https://www.youtube.com/watch?v=e5n7z5uUAvk
TODAY
Did Ozempic Tap Into A Potential Addiction Cure
https://www.youtube.com/watch?v=UHniDyMH-lQ
TODAY
TikTok users turn to diabetes medication for weight loss
https://www.youtube.com/watch?v=nEHwhr3KrJA
CNBCtelevision
Novo Nordisk CEO on safety concerns associated with off-label use of diabetes drugs
https://www.youtube.com/watch?v=VscdxfpBlQE
CNBC Television
Doctor warns against using Ozempic for weight loss CUOMO
https://www.youtube.com/watch?v=x0JTUlTtUVU
NewsNation
WeGovy, Ozempic or Mounjaro How a new wave of weight loss drugs could transform the diet industry
https://www.youtube.com/watch?v=p4l6EK4LoWU
CnbcIntl
What’s it like taking Ozempic Patients share their stories
https://www.youtube.com/watch?v=6u4TbqFZjO8
TODAY
The Problems with Ozempic [What the Research Shows...]
https://www.youtube.com/watch?v=ZCFjIcF6SsI
KenDBerryMD
What we know about Ozempic and weight loss #shorts
https://www.youtube.com/watch?v=PbNi3qyLUtU
CBC News: The National
WARNING Do NOT take Ozempic or Mounjaro until you watch this
https://www.youtube.com/watch?v=xDvDOres_wA
Doctor Mike Hansen
Why Ozempic for weight loss has doctors concerned
https://www.youtube.com/watch?v=dBEKA8HFNPU
WFAA
2.8K
views
1
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The Many ERRORS of Beyond Meat Inc
Beyond Meat’s stock price has fallen off a cliff and bankruptcy is probable. The many preventable errors for this situation include:
1. Processed and unhealthy: Beyond Meat products are sold as “plant-based” but the truth is they are almost absent of plants and are highly processed. Plant-based meat alternatives often undergo processing to mimic the taste, texture, and appearance of traditional meat. This involves the use of various additives, preservatives, and flavor enhancers. While these additives are generally recognized as safe, some individuals may prefer to minimize their consumption of processed foods or specific additives.
2. Beyond Meat, Inc has too much debt and not enough cash reserves.
3. Despite all their claims, Beyond Meat is NOT good for the environment. They completely ignore all the small animals and insects that are terminated during the harvesting process and creating alternative meat is just as resource intensive as regular meat.
4. Meat is not bad for you and studies saying otherwise often lack context e.g. people who are vegan are generally more likely to be health conscious.
5. Beyond Meat products are difficult to scale and don’t look good when left on the shelf for a period of time. For instance, the Beyond Sausages would droop and start to look unappealing by the time customers would consider purchasing it.
6. Customers are skeptical of the health benefits and value of eating Beyond Meat. This includes lots of vocal influencers on social media who discourage others from consuming this product. Beyond Meat also has pending lawsuits, which creates more negative publicity and controversy surrounding this company and its products.
0:00 Premise
1:07 Beyond Meat Is Not healthy
4:15 Too Much Debt
5:44 It Doesn’t Save The Planet
8:55 Veganism v Meat Studies
10:09 Difficult To Scale
12:04 Customer Skepticism
Original video sources:
The Troublesome Truth Behind the Fake Meat Industry
https://www.youtube.com/watch?v=j4uKfTxbhr4
JRE Clips
@JREClips
Beyond Meat is not Real Food #shorts #vegan
https://www.youtube.com/watch?v=kpgX4RT6n-U
Realfoodology
@Realfoodology
BEYOND MEAT INVOLVED IN 2 LAWSUITS!
https://www.youtube.com/watch?v=Xa8nPyXqcaI
Dr. George Morris
@dr.morrisdc
They’re Doing WHAT To Vegan Food!
https://www.youtube.com/watch?v=DVM4r83jYH8
Awakening With Russell
@AwakeningWithRussell
Beyond Impossible (1080p) FULL MOVIE - Documentary
https://www.youtube.com/watch?v=YnypBvI6n2s
Gravitas HEALTH | Free Movies
@gravitashealth
JRE EXPERIENCE -Steve-O QUIT Being Vegan! Processed FOOD, Bad Soy!
https://www.youtube.com/watch?v=5S5a9_jY24I
JRE CUTS
@JRECUTS
Beyond Meat stock sinks on weakened guidance ahead of the summer
https://www.youtube.com/watch?v=Pf8qczzo6XY
Yahoo Finance
@YahooFinance
Beyond Meat stock sinks on weakened guidance ahead of the summer
https://www.youtube.com/watch?v=Pf8qczzo6XY
Yahoo Finance
@YahooFinance
Beyond Meat How the Plant-Based Pioneer Became a Stock Market Loser What Went Wrong
https://www.youtube.com/watch?v=OvkgSJuGPfY
Wall Street Journal
@wsj
Beyond Meat Bankrupt!
https://www.youtube.com/watch?v=o7Dp1I6KNZI
Aaron Watson Business
@AaronWatsonPiper
Why I'm Not Buying Beyond Meat (BYND) Stock
https://www.youtube.com/watch?v=xFKxnKgSaVY
Jeremiah Invests
@jeremiahinvests
313
views
The Preventable Tragedy Of Ghost Kitchens
Not enough people are talking about the serious problems ghost kitchens are causing. This is a new bubble that might be reaching a tipping point, here are just some of the highlights.
0:00 Intro
1:55 Problem with ghost kitchens
5:03 Criminal Drivers
5:46 Neighbour Disturbances
Original video sources:
'Ghost kitchens' popping up in Aussie suburbs”

https://www.youtube.com/watch?v=_Y7RIiggXnE
A Current Affair
“Is Your Delivery Food Coming From a Ghost Kitchen”

https://www.youtube.com/watch?v=qY114LRLzx0
Inside Edition
"Virtual kitchens boom on food delivery apps"

https://www.youtube.com/watch?v=H0xShIrhFTI
NBC News
"Is Deliveroo bad news for residents and delivery drivers?”

https://www.youtube.com/watch?v=bXt9zplTYA0
BBC London
"UBEREATS JUSTEAT AND DELIVEROO 60 RIDERS ARRESTED"

https://www.youtube.com/watch?v=-iVtYM546s8
Andy The Gabby Cabby
@AndyTheGabbyCabby
Music
Hypnosis by Godmode
Dead-Spawn by Shane Ivers
Danger Snow by Dan Henig
Beatbox Lighter by Kwon
Ghost kitchens, also known as virtual kitchens, cloud kitchens, or dark kitchens, are foodservice establishments that operate solely for the purpose of fulfilling online food delivery orders. They typically do not have a physical dining area and instead focus on preparing food for delivery or pickup only. Ghost kitchens have gained popularity due to the rise of food delivery services and the increasing demand for convenient and fast meal options. The biggest names in the US market are DoorDash, Uber Eats, Deliveroo, Kitchen United, CloudKitchens, REEF Kitchens, Zuul Kitchens, Just Eat, Hungry House etc.
47
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What Is The Problem With Ticketmaster
There have been several problems with Ticketmaster over the years. Some of the main issues include:
High fees: Ticketmaster is known for charging high fees on top of the face value of tickets. These fees can sometimes be as much as 50% of the ticket price, which can make attending events expensive.
Scalping: Ticketmaster has been accused of working with ticket scalpers to obtain and sell tickets at inflated prices. This has led to situations where events sell out quickly, and fans are forced to purchase tickets from scalpers at much higher prices.
Technical issues: Ticketmaster's website and mobile app have been known to experience technical issues, such as crashes and slow load times. This can make it difficult for fans to purchase tickets, especially during high-demand events.
Limited ticket availability: In some cases, Ticketmaster has been accused of limiting the number of tickets available for popular events, making it difficult for fans to get tickets at face value.
Lack of transparency: Ticketmaster has been criticized for a lack of transparency in its pricing and ticket allocation practices. This can make it difficult for fans to understand how tickets are priced and allocated, and can lead to frustration and distrust.
Original video sources:
How The Taylor Swift Debacle Fueled The Ticketmaster Monopoly Debate
https://www.youtube.com/watch?v=B58ZrSNPxGw
CNBC
Taylor Swift's Ticketmaster disaster | Nightline
https://www.youtube.com/watch?v=sUip50IZE3s
ABCNews
Tickets: Last Week Tonight with John Oliver (HBO)
https://www.youtube.com/watch?v=-_Y7uqqEFnY
LastWeekTonight
0:00 The Disasters
2:00 High Fees
2:49 Monopoly
4:00 Held Back Tickets
5:10 The Secondary Market
6:36 Dynamic Pricing
8:00 Government Interest
8:44 Pearl Jam Testifying (1994)
16
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Why Airbnb's Rise Did Not Disrupt the Hotel Industry
0:00 Intro
0:23 Excessive Fees
4:07 Bad Deal For Hosts
5:29 Zoning Laws
6:49 Over Supply
5
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5 Reasons Adidas NEVER Catches Up To Nike in The US Urban Market
Adidas vs Nike
Adidas has lost their biggest celebrity collaboration with Kanye Ye West which has lost them billions. In addition to Ivy Park just lost Adidas $200 million. But there are more reasons that explain why Adidas never catches up to Nike.
0:00 Intro
0:33 1st Reason
2:13 2nd Reason
2:45 3rd Reason
3:25 4th Reason
4:13 5th Reason
Original video source: https://www.youtube.com/watch?v=OM-DqUSevq8
The Millionaire Morning Show w/ Anton Daniels
@MillionaireMorningShow
Ivy Park Losing Adidas Millions, Beyonce Adidas, nike market, nike marketing strategy, nike commercial, nike ads,why nike is the best,why nike is,why nike is better than adidas, beyonce kanye west,yeezy,adidas,ivy park beyonce,kanye west adidas, Nike v Adidas, Nike vs Adidas,
53
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Why Gold Would Be Totally Useless in an Economic Crises
Gold won't save you if the worse should happen.
From a Dave Ramsey no The Ramsey Show
Music: The Duel from BenSound
15
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These 7 Assets Will Save You When The US Dollar Collapses
Seven things you should own before the US dollar currency rises.
0:00 Intro
0:03 1st Item
0:25 2nd Item
0:55 3rd Item
1:08 4th Item
1:21 5th Item
1:36 6th Item
1:58 7th Item
2:09 Final Important Note
11
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How Does China Provide FREE Shipping To Your Door?
Here is how China ships to your door for free or almost free.
6
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The Slow And PAINFUL Collapse of Drone Deliveries
Here is why drone delivery and things like Amazon Prime Air will NEVER ever work.
0:00 The Drone Delivery Promise
1:20 Noise
3:30 Safety Issues
4:48 Drones = More Drones
5:24 Accidents
6
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How To Invest $1,000 and NEVER Work Again
How to invest your first $1000 for passive income and never work again.
#investing #personalfinance #passiveincome #passiveincomes #passiveinvesting #passiveinvestment #bonds
0:00 Intro
0:28 1st Method
1:26 2nd Method
2:45 3rd Method
3:47 4th Method
Original source: https://www.youtube.com/watch?v=K4PcktiJdgg
4
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