36 Burst results for "hundred million dollar"
Coinbase Posts Record $1.8 Billion in Revenue
"Promised coin base has reported its quarterly earnings ahead of next week's direct listing on the stock market. And the t. l. d. r. Is they have a great business. I mean they have a great business quoting decrypt coin basic. It's one first. Quarter earnings on tuesday revealing that the crypto giant made a profit of between seven hundred and thirty million and eight hundred million dollars on revenue of approximately one point eight billion dollars. The results amounted to a blockbuster quarter for coin base eclipsing its performance for the entire previous year and quote. Let me repeat that last line. Their first quarter of this year was better than all of last year. Also let me point out those margins profit of eight hundred million dollars on one point. Eight billion in revenue that's amazing they had trading volume of three hundred and thirty five billion dollars. So there you go as long. As crypto is hot they can make bank easily and they have fifty six million users which is a lot but when you consider that they believe everyone will be into crypto someday. Clearly there's plenty of room for growth. They're not even at a hundred million users. Let me quote a tweet thread from roaming chef about these numbers quote. Those user numbers are larger than almost every global bank every payment gateway including square then mo etcetera every major stock trading platform including robin
Fresh update on "hundred million dollar" discussed on 5 Things
"The nineteen eighty s. Nascar wasn't like what it is today. Back then engineer. Mario rossi was one of the most talented minds in the sport. He disappeared without a trace around new year's day. In nineteen eighty-three. There are more theories than i can count as to why he went missing our reporters set out on a journey to see if some of nascar's original sins including a three hundred million dollar drug smuggling ring are what caused rossi to vanish. Here's the seasons lead reporter michelle martinelli with more. It's very unusual. I feel like that you know someone disappears. And there's no real answers turned up by a law enforcement investigation or private investigators or the family working on their own and so we're investigating that we're trying to figure out exactly what happened and how his disappearance may be connected to the three hundred million dollar international drug smuggling ring for the past eight months. Michelle's team worked on the case and family members and nascar veterans and all during the pandemic. It was an emotional experience. We worked closely with the family. And that's that includes mario rossi two children bill and tina as well. As mario's two sisters ginny and be you know we're very humble. But they were willing to not just accept our help in trying to find some answers for them but they opened up about a deeply personal story and a painful one that they you know have struggled with for almost four decades. I'm gonna let you listen to the full first episode of the season right now. If you like the show you can go find it wherever you're listening to begin this story. We have to go back to the year. One thousand nine hundred eighty three was a couple of days after the new year and bill rossi was in new york city. Bill is fifty nine now. He was just twenty one then on that cold january day. Bill got a call from his family and they told him he needed to go to his grandma's house in new jersey. He wasn't one question family so we made the track when he arrived at his grandma's house though his uncle told him they needed to go for a ride. Bill was a bit disoriented. This wasn't like his family at all. Still he wasn't to question is uncle so we got in the car. That was the part. I didn't quite understand why we didn't go to the house while we were riding around around and then basically he told me you.
Evacuation order lifted at Florida leaky phosphate reservoir
"Hi Mike Rossi are reporting an evacuation order has been lifted at the leaky Florida phosphate reservoir the mandatory evacuation order nearer waste water reservoir in manatee county Florida has been lifted Florida agriculture and consumer services commissioner Vicki freed told reporters Tuesday he and Martin C. has kind of de escalated more than three hundred homes and additional businesses were ordered to evacuate due to fears that the earth in walls at the reservoir from an old phosphate fertilizer plant could fail authorities avoided a catastrophe by draining much of what had been four hundred eighty million gallons of contaminated water Florida lawmakers are proposing spending up to two hundred million dollars to clean up and close the waste water reservoir the funds would come from the one point nine trillion dollar corona virus stimulus package signed into law last month hi Mike Rossi up
Ex-Gap CEO Art Peck launches $200M SPAC
"Our pack is launching a two hundred million dollars back. Now if you don't know elements of that senate worry gonna explain it to you. Because i know a little complex i. Let's talk about art. Pack he was the former. Ceo of gap each he led gap inc strategy. And the mid two thousand. He stepped down as ceo. Twenty nineteen and it was a big deal when he did. I remember being very surprised that day in the newsroom. What is happening also. A reminder of what a spec is it stands for special purpose acquisition company. Its nickname is a blank check company. It is a shell corporation. They don't have commercial operations. They don't sell anything that don't have products. Instead they raise money through an ipo for the sole purpose of acquiring other companies so when a spat goes public people. Buy into it. But they don't know what they're buying into because it's not announced ahead of time they just like buying you at. That's why it's called a blank check company giving money and they're like we don't know what's going to happen to this as a lot of trust i mean it sounds a little sketchy doesn't i mean it does 'cause like wouldn't you want to know what your investment is before you invest. I mean i want to know if i spend money on a soda much less like a company right. Where is my money going. These are what specs are. They've been around for a long time but the past two years there's been a really big increase in and people are taking note so our pec wanted to get into this kind of like i liken it to him thinking he's the monopoly guy because what he wants to do is go around. The board and collect. Fashion
'Black Widow' joins the streaming battle, but nobody's sure what winning looks like
"Last year of black widow was supposed to come out and people were constantly. You know. Say i wonder if black widows coming to streaming i wonder black windows come into streaming and for everything and disney's been pretty Forward in regards to releasing stuff on their streaming network from move onto rare the last dragon but the mcu stuff just always seemed untouchable now turns out black widow. Not only are they moving the release statements coming out in july instead of me. But it's coming out in theaters and on disney. Plus though i think this is huge huge news whether you guys think ads. Yeah it's pretty big and especially for the. What is the fourth of july weekend. You know it's a it's a pretty big move. It's a ballsy move on disney. You're not you still charging thirty dollars on their streaming services or you could go to you know. Pay ten bucks for it and try not to did. I think i think it's a good move. Yeah it's interesting. Because i would say it's well i would have to imagine that the one division and the falcons stuff is like done really really well and I think it's kind of well not let myself. And it's kind of reignited. Some marvel fun and love and a lot of people. I think so. I think it's a good move. It's pretty like daddy said it's a really ballsy decision Yeah i think. I kind of i think we talked about on. The show is kind of like yeah. You know it's not there but that's okay. It was kind of suffering from a little bit of burn out from it but Wanda vision to drew me right back into Especially because that show kind of played fan theories and stuff but Yeah really big move because Come jalek you said. It's you know. Right smack dab in the middle of summer. It's the fourth of july weekend by that. Point theaters will be. Maybe not one hundred percent open. But there's going to be a lot of theaters out there in these movies costs. What what upwards of two hundred million dollars to make
Extreme weather is driving up costs for MN homeowners
"Climate change in minnesota costing you. Let's ask mark colder. He's the vice president of public affairs at the insurance federation of minnesota. I'm mark welcome to climate cast. Hi paul thank you very much for having us on and talking about this important topic what trends are insurers seeing for billion dollar weather disasters in minnesota over the past couple of decades up until nineteen ninety eight we had decades of stability and in one thousand nine hundred ninety eight. We had three significant storms including one on may thirtieth that was part of the southern great lakes to ratio. That storm cost nine hundred million dollars in insured losses and those three storms together in one thousand nine hundred cost one point five billion dollars and that's important because that one point five billion dollars in losses is more than the previous forty years combined and since then as you just noted it really hasn't stopped so this is almost becoming an annual thing. Isn't it it is. It's about every other year. We see and just in two thousand seventeen on june eleventh. There was a large hail storm. It was a very brief storm. Only about a half hour or so. It hit the northwest suburbs of the twin cities brooklyn park and coon rapids. It seemed like it was a minor thing that ended up being three point. Two billion dollar insured losses catastrophe. It was the most expensive storm in state history and the tenth most expensive storm in the world that year and so when these storms happen know the insurers pay for it when the insurance pay for it that means policyholders pay for it
Crypto Wallet Startup Blockchain.com Raises $120M
"Blockchain dot com has raised three hundred million dollars in venture capital. it's the third largest fundraising event in crypto currency history. According to the research firm cb insights blockchain dot com is a london based company that provides various crypto currency services to retail and institutional clients the companies raised about one and a half billion dollars in debt and equity since it was founded in twenty eleven. And its latest funding. Round is being seen as another sign that big investors are increasingly willing to jump in to bitcoin.
Interview with Airbnb CEO Brian Chesky
"Talk to me about going forward and connecting people and the focus. You're putting on experiences but also on the lives you can create for your host. Who in part. I think are taking equity and becoming quite important for the brand. We've just heard in london here this week. That uber has said its drivers will become workers with benefits and minimum wage. So they're getting brought into the companies. So how do you sort of to advance the experience of your host but also the people that are using the platform to rent yet to great questions. Maybe i'll start with the second question host. And then i'll go to the first one the different like let's just take us versus uber. One difference in us an uber is the founders of uber created uber because they wanted to be writers another words they said it would be awesome if i could summon a black car so they started on the buyer side. We were totally opposite. My roommate and i weren't desiring to have a service like airbnb to travel because we were too broke to even want such a service. I mean we would have loved it but we were so broke. We just wanted to way to make money so we really started as host. So in that sense. I think this is a company of hosts by host for host and even if we have veered from that in the past. We're back there. And so i'm very proud of the fact that number one host have made one hundred and ten billion dollars on our platform since we started. That's pretty cool. The next thing. I'm saying i think it's cooler. Fifty five percent of that income has gone to women most ecommerce platforms. The vast majority economics. They're not evenly distributed on airbnb. The vast majority of income is outside the united states and more than half of it goes to women. it's a pretty diverse audience. We have four million host on airbnb. Ninety percent of our hosts are individual people so there is a question. How many of these are professionals. The answer is ten percent ninety percent of individuals. The most common careers are healthcare workers schoolteachers. In students these are the three most common professions that we've seen so these are truly everyday people like my parents. My parents are social workers. And it would make sense that people who need supplemental income would be everyday people for the most part one of the things we did before it went public. Is i got a piece of advice from somebody. They said. institutionalize your intentions. So that even as a public company you can minimize conflicts. Your vision and what they really meant was wants to go public. The cement of your company gets a little harden. What do you want to bake into the company before you go public. And i said one of the things i want to bake in is to create a host endowment. I want to set aside equity for host and so one of the things we did is we took nine point. Two million shares of airbnb equity and we put it into is essentially a airbnb host endowment kind of like a college endowment where it would grow every year but then some of the appreciation would get distributed into the host each year. So that was the idea that endowment is nearly two billion dollars today and growing. I hope it's one day. Larger than most college endowments and we created a host advisory board of seventeen host from fourteen countries to advise us on how to spend that money and reinvest it back to the host community. We also allowed host to invest in our ipo. And we had. I think it was fifteen thousand host. If i'm not mistaken who invested. They bought stock at sixty eight dollars. A share as you know the stock prices at the time of this recording around triple so those hosts have done really well and if i could allowed winning more host to invest in the whatever but we had some sec regulations that limited us and so these are just some of the many things we tried to do. But i just want to say like our commitment to host just beginning. Because i've committed to putting more than one hundred million dollars in my own equity into the host endowment and we're gonna continue to invest in our host because we are nothing without our host and in the end the day everybody's more of a community anything else i mean. Yeah we are a technology company in a sense but with people are buying isn't technology and they're not buying real estate we're not like zillow wh- senator of our company our host and our people and so that leads to the second question. What is airbnb about in. Where's it going when we started airbnb. Our first tagline was travel like a human. The idea was that you were like kind of treated for who you are. And you're seen for who you are valued for who you are and that was kind of the idea. I mean it was idealistic. But i can tell you. We definitely believed it in the early days and we realized that i had these two crazy ideas when we start airbnb. These crazy beliefs and people thought i was absurd. The first idea was we thought people were fundamentally good. That sounds kind of crazy because if you open any newspaper you wouldn't think they're good. People are good wise every headline about the worst of humanity. I think there was a famous quote by a former chief justice. The united states. You said i don't read the front page of the newspaper. I read the sports section. The front pages filled the man's failures. The sports pages. Filled man successes. I kind of feel like despite what we read in the news. People are funny. Good and i can tell you that we have the data to prove it. We probably more than anyone to prove what happens. When a hundred million people live together. Mostly good things sometimes bad things but statistically people are good and the second thing is true is that people are ninety nine point nine percent the same and you would never think that today given that we are so divided and yeah we spent a lot of time energy celebrating that point one percent. That makes us different. We call that culture in other things but let's not forget that we're mostly the same deep down and if you think people are good and their most the same then you'd believe that it's better to bring them together than divide them in separate them. That was the idea behind airbnb and so real estate and housing is just the beginning. We launched a few years ago. Airbnb experiences air experiences are essentially just three hour activities where you can have a host host. One other passions. You can go to tuscany. And make pasta with grandma grandma. Non an arena. Who's like an eighty plus year old grandmother who grew up during world war. Two and tells you about living in italy during the rise of fascism and then kind of what happened after and she tells you about her famous recipe and you make pasta in her house with and then you eat around the table this alternative to going to restaurants a pretty cool alternative so we have these like really interesting experiences and i think experiences is going to be a really really big product. I thought last year was going to break out year. But of course social distancing met we put on pause but we're looking at many new ways to try just connect people again. I think this is one of the loneliest times in human history right now. I think most people listening would probably say they felt some type of loneliness in the last year. We've been so separated. And i think in life we sometimes appreciate things when they're taken away from us and human connection and travels been taken away from us and i hope that makes us value at more than ever before and i'm pretty concerned about the amount of isolation happening and i don't think that social media and digital connections are fully nourishing. We actually do need real connection with real people. And i actually think it's good. Connect people are different than you. If you wanna like bridge the divide in any country. The best answer. I've heard is to just walk in other people's shoes don't argue over the internet. No one's ever changed. Someone's mind on a youtube comment section to my knowledge. But how could you not change your mind when you walk in someone. Just home live in their home walk. In their shoes do their activities. You may not agree with them but you will find that. Most of them are good and they're mostly just like you deep
Will Selecta Biosciences be the Next Top Platform Biotech?
"The first company. I wanted to touch on is news from july lilly and they're huge company. Say like a large mega cap at one hundred and eighty three billion dollars and what they recently presented was the full data set from their molecule demand in alzheimer's disease. And this is a phase two trial looking at this antibody that targets a specific epoch on the amyloid beta approaching and this episode is only visible in established plaques. Now i don't want to belabor the point about the amyloid hypothesis which i've done in previous videos. Suffice to say that a number of different molecules have been attempted in this indication in specifically the mechanism of reducing amyloid plaques. And they've all failed and what we're seeing here is that in this multi center randomized double blind placebo controlled trial. That donna had a significant is what they're showing here in the air score but not a very profound impact on cognition and so they looked at this primary outcome the air score and this is a combination of the as well as the ads. Ads and so eight ask cogs general measure of cognition whereas the ads. I is a measure of activities of daily living. So they did a combined score with that and demanded mobs improvement led to a p value of point zero four so technically significant. But i'm not sure that if they replicated the stayed in a face. Three trout necessarily be positive. It is an interesting thing because when you look at the actual aid. S cog thirteen score. We don't see any significant change. It is better in indiana but not by a significant margin and then the mse score is basically no difference between the two so this is another data point to suggest that perhaps the amyloid beta hypothesis isn't one that these companies should be looking at and the last thing i wanted to show here. Is that the one thing that they do. See a significant change in the amount of amyloid in the brain and so the pet scan here to show that the dynamic treated group has a significant reduction in the amount of amyloid plaque in the brain compared to placebo. So the drug is able to reduce the emily beta plaques. But it's not able to improve cognition really as much as you would expect given the effect is there so i wanted to bring this up because there is an upcoming. Pdf date for biogen's advocating mob and this is going to be a huge movie for the stock and it was originally supposed to be in march but it was delayed until june seventh of this year. So keep your eyes on that. I don't know if i'm going to make any position on it. I think that the fda should not approve it given the results from the advisory committee but given that the so many is on this pdf. I feel like there's a chance at the fda could overlook that and end up approving drug. So it's definitely jairo word. Play and i would treat it as such and proceed likewise so that is eli lilly. I wanna quickly move on to another company in the alzheimer's face called novus and i touched on them in my previous video and what we heard in the last week was that they announced positive face to data and this is interim data showing the nbs for one or another name for the molecule is positive in improved speed and coordination in parkinson's patients. And this is a twenty five day treatment. Nine patients were in the treatment group and five or in the placebo and on the announcement of this data. I think the stock was trading around one hundred fifty maybe two hundred million dollars market valuation and went up to around two fifty three hundred before settling around two hundred and fifty million dollar market cap so big move up in the stock and i'll tell you the data. The ceo explained that the study was power to investigate a difference of twenty to twenty five percent in biomarker levels not to demonstrate efficacy making this data that much more significant so to provide some context. And why i think this is interesting. Is that i in my previous video. Didn't really seem to bullish on a novus and the reason for this is that it reminds me very closely other types of amyloid beta drugs because this drug reduces app the precursor protein to amyloid beta. So my rationale is that if they're targeting the same emily data pathway. Given that there's been so many molecules that have failed previously targeting that pathway. I don't expect that this one is going to be any different now. Having said that. I decided to take a position because we've seen over and over again. That companies have been able to spin face to data in a positive way that leads to these big increases in the sock even though in phase three there's an eventual failure so i decided to take a position in stock and i have been rewarded handsomely so far and i'm going to hold on to see the rest of the phase two data so to get the actual data here in one test that measures the speed of execution. The results were statistically significant. P equals zero point zero four showing that while parkinson's disease patients are slow in coding. Boxes met with an s four. Zero one improves their performance. In these same patients other test that measures coordination showed an improvement in their movements and was almost statistically significant peak will s- appoint zero seven. Then they say in all end. Es up tests performed the placebo group either stayed the same or performed worse than at baseline instead the a b s four zero one group either stayed the same perform better than at baseline and as we know. Md s up drs is a specific tasks that measures severity and progression of the disease.
Fortnite for beginners
"Fortnight is a massive multiplayer online video. Game developed by epic games released in two thousand seventeen is available in three distinct game mode versions so they otherwise share the same general game. Play in game engine But these three distinct versions are fortnight. Colon save the world. Okay fortnight no colon battle royale fortnite battle royale and fortnight creative. Oh there's three of them. So the objectives vary depending on which mode you're playing but the broad goal of fortnight is to survive against a prolonged force antagonist who will attempt to eliminate you okay so for night begin from an internal game jamat epoch game so there in american video game and software developer and publisher based out of north carolina So they did this internal game jam around twenty eleven after they published the game gears of war so a game jam which i only recently learned at work a game. Jam is a contest where participants try to a video game from scratch with a specific deadline. So it's usually like twenty four hours or you know maybe maybe seventy two hours to work to come up with this so it's kind of like a like a creativity burst. I'll shut the the bowl of that is to work with other people and create a game from scratch so depending on the format again your participants might be in teams maybe you are working independently. Who knows but epic games is also the developer of the unreal engine which is an open source in advanced real time. Three d creation tool. And you'll hear a lot of Video games and special effects and even like some film stuff runs off of this unreal engine. So the unreal engine. Original purpose was as a state of the art game engine. But it's now used across industries so it's for cutting edge content interactive experiences in immersive virtual worlds Unreal engine is a real time engine. An editor that features photo realistic rendering dynamic physics and effects robust data translation and also lifelike animation. So it's kind of a big thing whenever somebody is using the unreal engine. You know you're going to get really could effects from it so that that's all out of epic games which which founded in the savage that engine so for me was not initially one of the games that was actually developed during that game jim but the concept of merging the construction game genre so games like sim city or minecraft with shooter games came together and it led to the foundation affording. So you probably know. It sim city is if you're our age but a refresher on minecraft so in minecraft which was first released in two thousand nine actually players. Explorer blackie procedurally generated three d world with infinite terrain and they may discover an extract raw materials craft tools and items and build structures or works so game modes in minecraft include a survival mode in which players must acquire resources to build the world and maintain health and creative mode where players have unlimited resources. So players can modify or maud game to create new gameplay mechanics items and assets and minecraft has a very distinctive like visual s. That like you can recognize if somebody showing you a screenshot of minecraft. So what epic did is they prepared to release fortnight as a paid early access title in july twenty seventeen and they had plans to release it as free to play some time in twenty nine thousand nine after gaining feedback from players to improve the game so originally titled fortnight and lear renamed to fortnight colon. Save the world. This original base module is a player versus environment cooperative game. So you have four players collaborating toward a common objective on various missions. The game is set after a fluke. Storm appears across earth causing about ninety eight percent of the population to disappear and the survivors are attacked by zombie. Like husks so the player takes the role of commanders of home. Shelters collecting resources saving survivors and defending equipment. That helps to either collect date on the storm or push back the storm. In from missions players are awarded a number of in game items including hero characters. Weapons trap schematics and survivors all of which can be leveled up through gained experience to improve their attributes. Also you're working together with people against this common enemy player versus environment cooperative game. In around the same time the epic released fortnight into early access pub g had become a worldwide phenomenon selling millions of copies and drawing strong interest in the battle royale genre so a battle royale game is an online multiplayer video game that blends the survival exploration and scavenging elements of a survival game with kind of the last man standing game. Play so the name. The genre is taken from two thousand japanese film titled battle royale which was based on a novel of the same name and presents a similar theme of a last man standing competition in a shrinking play zone. So you've heard people. My brother plays this one. You've heard people's mentioned before what the heck is pub- g it's an abbreviation for player unknowns battlegrounds so that's an online multiplayer battle royale game and in this game one hundred players parachute onto an island and scavenge for weapons and equipment to kill others while avoiding getting killed themselves So there's an available safe area. The games map which decreases in size over time and it ends directing surviving players into tighter areas to force encounters with other players. And the last player or team standing wins the round The game's concept and design was led by brendan green. Who's better known by his online handle player known and he'd previously created mods for other battle rail type games pudgy was the top selling premium game of two thousand seventeen selling thirty million copies worldwide and grossing. About nine hundred million dollars. I have can. I tell you never heard of this game in my whole life. You know you are. You aren't really doing a lot of player games. How it's absolutely right. You know what i. It's funny i feel like there's been a couple of questions and learn a league in maybe the last five seasons or so that like the answer will be some video game or something that we that when we see the answer. We've never heard of this popular selling thing in all of the world and it sold got julian copies and everybody except you plays it. What's the so this is why we're absolutely. Yeah so you know. Epochs saw what pudgy had been doing and they were like maybe we could also do a battery. Yeah so what. Epic did was rapidly develop their own version atop their original fortnight in about two months so by september two thousand seventeen at was about to release this as a second mode from save the world in the paid for earlier access but then later decided to release this as a free game that would be supported with microtransactions. Microtransactions are the business model where users can purchase virtual goods with micro payments and make your transactions are often used in free to play games to provide a revenue source for the developers and there are a staple of the mobile app market so in game currency in fort night is called v books to them. You might see this icon happens sometimes. The you see llamas pop up and fortnight okay. So llamas also known as lama pinatas are the main loop boxes in fortnight and they are also fortnight's primary mascot so the vendor tech store is where players can purchase lama pinatas to break open for rewards in llamas can be produced using view bucks or event specific currency and they contain various helpful. Items like heroes schematics. Weapons and there are also different types of llamas in the game including basic llamas daily llamas and event llamas so For an has a very distinctive aesthetic. It's very cartoony. there's a very distinct color palette. I mean it's it's actually pretty visually pleasing see this distinctive looking lama. You know that that is for
Agency reverses Trump-era oil rights ruling snubbing tribes
"Hi Mike Rossi you're reporting the interior department reverses a trumpet royal rights ruling the Biden administration has withdrawn a trump administration opinion that would have stripped the mineral rights from the North Dakota tribal nation a memorandum posted Friday by the U. S. department of interior withdraws a twenty twenty opinion that concluded the state of North Dakota is legal owner of submerged plants beneath the Missouri river where it flows through the fort bristled reservation the new opinion favors the man Dan hidup set your record nations the mineral rights could be worth an estimated one hundred million dollars in unpaid royalties and future payments from oil drilling beneath the river hi Mike Crossey up
Unusual Trouble At Red-Hot Startup Dispo
"Remember despu that hot new photo social app that we were keeping our eye on as a potential next big thing despu basically made you wait until the morning before your photos developed in quotes was co founded by famous youtuber. David dark well. One of dispose. Major backers spark capital has suddenly announced. It is quote severing all ties with despu after claims of sexual assault against a member of dough bricks. Vlog squad arose last week. I suppose i need to back up and explain a bit david. Dobby has been called the jimmy fallon of gen z for his popular youtube videos which apparently focus on comedy and pranks and stunts and the like tens millions of subscribers. Nobody is one of those youtubers. That has one of those multimillion dollar mansions that is extensively the scene of a lot of his videos. He also has this sort of entourage of people known as the wlac squad who also star in his videos. It is a member of the long squad that is accused of the sexual assault though there have been some other questionable incidents lately that dober- himself has recently apologized for in video anyway without getting too in the weeds overall that last week mr dobric was losing sponsors left and right hellofresh dollar shave club. Ea sports seatgeek all severed ties. The very first link in the show notes can give you a rundown of all of that. Now normally i do tend to steer clear of these sorts of youtube star and influence or controversies but there is real sort of industry news here. Because i can't really recall seeing this happened before quoting techcrunch. In light of the recent news about the wlac squat and david dobric the co founder of despu. We have made the decision. To sever all ties with the company spark capital tweeted. We have stepped down from our position on the board and we are in the process of making arrangements to ensure we do not profit from our recent investment in despu and quote spark capital's decision to step back from the despu investment. Feels like a first of its kind. And if not rare it could trigger other investors with stakes in the company to do the same spark capital led a series a. in despu a twenty million dollar financing event that valued the company at two hundred million dollars less than a month ago. The current statement by spark does not indicate that the investment has been pulled from the company yet spark capital did not immediately respond to requests for comment in regards to what this process would look like and if the shares will be sold back to the company or to another buyer
Acer faces huge ransomware demand
"Computer manufacturer. Acer is facing a fifty million dollar ransomware demand. Several news agencies are reporting. They are saying the gang known as are evil posted a notice last week on its website that it has copied documents from the company and will publish them unless the ransom is paid. If the ransom isn't paid by march twenty eighth it will double in a statement to media. Acer said it has reported what it calls recent abnormals situations to the police last week. Acer said it had net income of two hundred sixty three million dollars in twenty twenty administrators with network controllers from f. Five networks have had over a week to install the latest security patches after discovery of serious vulnerabilities. Well it's more urgent than ever to patch because threat actors are now actively trying to exploit those holes. If your firm hasn't acted it may pay a price some legal news to report. Russian man has been sentenced to ten years in prison and a man from north macedonia to five years by an american judge this for their roles in the fraud and theft green called the in fraud organization for eight years. The gang pedaled stolen and counterfeit ide- bank accounts and credit card information. At one point a claim to have ten thousand participants buying and selling goods police estimate the losses to victims was over. Five hundred million dollars of virginia. Man has been sentenced to thirty one years in prison for a sex torsion scheme. The thirty six year old coerced at least thirteen girls into sending him sexually explicit photos. He pretended to be a teenage girl on social media. When they sent him photos he posts to other social media sites on the girls protested. He demanded more photos if they wanted. The pictures deleted last august. I reported that a russian man was caught trying to bribe at tesla employees to install. Now where on the car company servers that russian has pleaded guilty in a us court to being part of a conspiracy to damage computers. According to court documents. The plan was to steal data from the electric car manufacturer and then demand money or the information would be published. He'll be sentenced in may meanwhile. Us grand jury has issued an indictment against a resident of switzerland for allegedly being part of a group that hacked into copied and published data from a number of unnamed companies. The indictment alleges the person operated a website. The publishes stolen data according to the bleeping computer. Service that site has stolen data from a number of firms including amd intel qualcomm nissan lenovo and nintendo. Are you eager to be invited to join a club. House chat group if so beware of a fake clubhouse website it tries to lure people into downloading a poisoned android. Clubhouse app says security company e set. There is no official android clubhouse app yet. There's only an apple app. The other way to know that this is a fake site is that it has a button that says get it on google
Former Chicago Bears QB Mitchell Trubisky Signs One-Year Deal With Bills
"Announced earlier today former bears quarterback mitch trubisky signing a one year deal with the buffalo bills presumably to backup josh allen. There it is a two and a half million dollar deal with some incentives tied into it. That's injury presumably would be the other scenario. He gets beat out for the backup and he's the third. Is that one. maybe it gets cut. It's a there's a chance he'll be the backup. Let me ask you this question though. Because it's easy and it's if we're making fun of mitchell way or mitchell and that's worthy of being made fun of i think but not this. He's okay right you know. He's making more than a lot of hardworking people. You know literally do in a lifetime in this bad year but they are in the end of these players these reaching the pinnacle of their profession. And it's a billion dollar profession. They make money. They're supposed to make. I mean to me. The beauty of the nfl's rev share agreement. Is they're saying okay. The players contribute fifty percent the infrastructure. The all legacy to have the trademarks team. You know however you want to think about that fifty percent we take the money in. We divvied up and go. I mean to me that means that you can't even debate if collectively that you were jones but collectively with the players deserve their millions and millions and billions ultimately. They do that said we can. Because they're making so much money. We can have some fun with it. But i gotta be honest. I think that trubisky getting resigned by the bears was closer than we thought. Because i would make the following case. Let me ask you joan. What you would have made the odds. I don't we didn't do it at the time but right when this season let's say the regular season ended and those that remember obviously foles got her trubisky came back in play statistically significantly. Better at that point. I would have guessed about thirty percent chance. The trubisky would've had been rinse we signed in some significant way. Not like a five hundred million dollar deal but a real deal. I think the odds weren't worse than thirty percent. What would you have guessed. The is debate. I yeah i would have said probably about the same because that was a lot of the discussions i know in and around chicago that day. Did he play himself back into consideration for the twenty twenty one quarterback job and when i see him getting beat out for the job. I don't mean that. As a slight m i actually think. He's a much better quarterback than people give him credit for. I think for that kind of money if somebody comes in and outplays him buffalo's not gonna be tied to that contract like if he would have signed for seven or eight million
The COVID Effect is a Boon for Kids Online Gaming
"If you had to guess one company that saw revenues absolutely skyrocket in twenty twenty. What would you say you might think. I don't know what zoom maybe peril others another brand benefiting from a rough twenty twenty. It's roadblocks and online game that counts middle schoolers as its biggest fans. Don't ask me how. I know if you have a preteen noah preteen or are a preteen. Chances are you've heard of blocks. He lets users around one hundred fifty million a month build and play video games without needing to know how to write code. It's free to join. The company makes money through the sale of in-app purchases using its own virtual currency users can buy costumes for their virtual characters or jump up a level or two game and when i say roadblocks makes money i do mean a lot of money. Roablock says revenue jumped seventy percent between september twenty nineteen and september twenty twenty two more than six hundred million dollars. The motley fool reported that the games daily users number over thirty million people. Those figures have investors drooling and last week. They got a chance to buy into roadblocks wild success when the company went public the platforms value soared sixty percent to forty seven billion dollars after its first day of trading so who would have thought an online kids game would be exploding in popularity right about now. Well anyone who has a middle schooler at home. If kids seem extra attached to their tech devices at the moment. they're not alone. The amount of time kids spent on screens doubled in the first half of twenty twenty. As compared to the same period the prior year so reports the new york times custodio which tracks device usage kids ages four through fifteen called the cova effect socially isolated kids largely stuck at home made for quite the captive audience and that meant more money for games like roadblocks one reddit users summed it up nicely. Kids who distance learning always have tabs open and roadblocks the user wrote quote and nowhere. Mommy leaves her purse unquote. But roadblocks isn't the only game out there benefiting from all those open internet tabs minecraft has been making microsoft quite proud parent company as of late the game which bills itself as an open ended online video game saw twenty five percent increase in new players in the early months of the pandemic. Unlike roadblocks minecraft users pay up front for access to the game that netted them over four hundred million in revenue last year. Nowhere near roadblocks is twenty twenty revenue but both companies have turned quite the prophet in a year that decimated several industries but the so-called cove effect is only expected to last as long as well. Cova does right best of secret. Even roadblocks said so in its s one filing they wrote quote. We do not expect these activity levels to be sustained and in future periods we expect growth rates for our revenue to decline unquote whether or not usage rates. Actually plummet is more kids. Go back to school. Long-abandoned screen time rules claw their way back into homes that does remain to be seen but one thing is clear. The roadblocks rage has taught us to never underestimate the power of a kid with access to a technological device and knowing where to find a credit card is helpful to come on. Don't just blame the ipad
Nokia to cut up to 10,000 jobs worldwide
"Nokia says it's planning to cut between five thousand and ten thousand jobs over the next two years says part of a restructuring plan to make it more competitive in the five g equipment market. The company said today that the cuts would reduce its workforce by as much as eleven percent and lower cost base by around seven hundred million dollars. The savings would offset investments in research and development among other
Purdue Pharma proposes $10 billion plan to come out of bankruptcy
"Pharma the maker of oxycontin filed. Its long bankruptcy plan just before midnight last night in a federal court right. So here's the plan. The company itself will be dissolved. A new organization will be created that would direct profits to help people who were hurt by the opioid epidemic but two dozen states came right out and they rejected that plan. They say it doesn't hold the sackler family which owns purdue pharma accountable. Let's bring bringing. Npr's addiction correspondent. Brian man Brian what does purdue pharma savings. This plan will do the company's president a he's a guy named steve miller and he says this new company that will be created from the ashes of purdue farmable essentially exist to benefit the public. The sackler will have no role or ownership going forward and over time. This new firm will generate hundreds of millions of dollars much of it from selling oxycontin which they say they can do ethically and safely. They'll also produce other medicines that will help people with opioid addiction. According to purdue pharma the total value over time To thousands of creditors will be billions of dollars and members of the sackler family also issued a statement last night. They said this plan offers. And i'm quoting here. An important step forward helping those who suffer from addiction. Okay but wire so many states unhappy about this a lot of reasons but a big complaint is from state attorney general most of them democrats who say that purdue pharma and its owners the sackler only offering up about five hundred million dollars right up front the rest of the cash payments including four point. Two billion dollars promised by the sackler themselves. All that money would be spread out in installments. Paid over most of the next decade that really angers critics like more healey. She's attorney general in massachusetts. What the are offering essentially as a way for the payments to be structured. That makes it convenient for them. They get to keep their billions and bank accounts and make money and use the to pay. You know the states out over time while they're oxycontin or chin keeps growly and there's another row bay for critics and it's affected a lot of the ten billion dollars in value. Promise by purdue pharma in this deal doesn't actually come in the form of cash that communities desperately need to pay for things like addiction programs in public health instead. This plan would provide low cost addiction treatment drugs like buprenorphine and lock zone which the new spin off company would make and sell at a discount. Then what happens to the sackler here. Because if the federal bankruptcy court approves this plan i mean they feel any personal thing at all. This is a really big question. After launching oxycontin and claiming it was safer than opioids other opioids the sackler and their company hauled in more than thirty dollars in revenue. Purdue pharma has since pleaded guilty twice to federal criminal charges for their marketing of opioids researchers say oxycontin contributed to this explosion of opioid addiction and death. Now the actors have agreed to give up control of their company. But some critics point out that purdue pharma was already sinking under the crush of all these lawsuits. So it's not clear how big a financial sacrifice that really is. Members of the family also added about a billion dollars to the earlier settlement offer. They made but in this deal they will keep most of their personal fortunes and they'll admit no
New York Gov. Andrew Cuomo again refuses to resign
"Have been moving fast. In governor cuomo's ever expanding set of scandals of the past forty eight hours from the news that his office apparently reached out to a number of different former employees to see if they'd spoken to The first accuser which seems weird an intimidating and it turns out that a former aide says that it was in fact intimidating and she felt bewildered by it to yesterday during an emergency meeting and state assembly announcing is going to be Starting an impeachment inquiry involving both the allegations of sexual harassment and assault as well as the nursing death scandal to about forty percent of his entire parties members in the assembly in the senate signing on asking for him to immediately resign and then there was this morning when representative alexandria ocasio. Cortez tweeted that after two accounts of sexual assault four counts of harassment. The attorney general's investigation. Finding the governor's admitted nursing home data from the legislature in public saying we agree with the fifty five plus members of new york state legislature. That the governor must resign. There was a letter that she put out with congressman bowman then at least eleven of the democratic house representatives from new york called for him to resign and just including jerry nadler button adler by the way and then just as we were going live. Senators schumer and gillibrand both also said that. His time for the governor to resign. As of this afternoon he said that he would would not which is what they always say until they do but he seems like a fighter jank for. What do you think is he. Is he gonna stick around no matter how many people tell them if biden gets involved yeah. I'm really curious what you think. Francesca there's one part of this tournament so that's already interesting of they. There's nothing that i'm talking about. In regards to andrew cuomo he's establishment democrat extraordinary. and he. he's been wrong on so many issues. and he's attacked progressives and good meaning people in behind the scenes a thousand different ways and a he's a political apparatchik extraordinarily now he's claiming like oh i'm just a regular joe. Your name is cuomo governor governor. Don't pretend you're one of us okay. You're an ultimate insider. Any use insider system to attack all of your opponents. You've done it for decades and and as anna keeps pointing out rightfully so the guy caught four hundred million dollars for medicaid actually overall customer is slated to be two and a half billion dollars to talk about of doing it in the middle of the pandemic delayed for after the pandemic but some of the cuts had already that he had done was the reason why they didn't have enough hospital beds and that's why he then took. Two people from the hospital was put in in the nursing homes and then everybody died nursing homes and so for all those reasons he already was a terrible governor from a perspective of people who i was gonna say progresses but really anybody critique of him is correct is my point sexual harassment issue. The only thing i have here is that. And that's why i'm curious. Were both of you guys. Think about it part of me thinks okay yes. Let's go through. The process like seles. Allegation is groping. If that's if that's true that's he should be gone within the minute right. So that's not an that's not a question. The question is how are these. Six six is a lot on the other hand. If you remember al franken it had piled up to be a big number but every one of them was like a fake picture. We took her picture once and put his hand around my shoulder and they were like. Oh levitin mike though. That's not eleven right. That's let's have an investigation so there is a part of me that says is you know. Do we have a. We sure that these are all true. One hundred percent. We can act on it and i get the other point. Which is they all. Have to be one hundred percent true. There's six of them. It looks like we've got an obvious pattern here. So francesca what are you. Oh yeah no. There's when this first broke weeks ago. I was like i've never been more sure that there was a giant iceberg underneath this very very tiny little tip that we're seeing sticking out of the water. You knew the goal and just it's it's his. I don't know. I'm not trying to be anti talion as someone like. Don't don't go to the mafias a brand new things but like the guy in clearly in exactly all the reason that you said in the ways it. He's bullied around his political opponents for years in the ways that he is so trump being in that he's got an gotten everything from his father and then also in the cavalier ways because some of these incidents were while he was rising to stardom. Which i gotta say man. It's been real fun to watch him fall as someone who was never on board for the rise who was look. It's a doing the absolute bare minimum the absolute bare minimum thing. You should do believing in science locking locking things down even though. I don't even think he did that. Amazing of a job. Yes i said it like. It's been nice to watch like. Oh here's the real cuomo and and like it's funny to me that there are so many cuomo's around this country there are so many sort of middling mediocre like kind legacy politicians dynastic politicians. who escaped by they. They assault a couple people. They bully their opponents but they kind of then. Then they get applauded. They come out with a book and they're fine. But i feel like the meteoric rise that he had under covert and the way that he laid into it so much just set him. He set himself up. It's like you could have just the way that trump could have been absolutely fine. Just doing cameos on home alone. Five or whatever it was and then he had to go and run for president And now we're looking at his taxes. So look here's my thing about resignation. I feel like it's a little bit of an escape hatch. And i think for when it comes to actually having investigation actually and as painful it as it is like having the people came forward to testify or discuss it absolutely like not or at least have an investigation. I don't know what it would look like. it feels. There would be more accountability. And i think that so many creeps and so many predators getaway in the workplace because there's no accountability to begin with so i'm not even sure if immediate resignation is accountability. Do do you know what i'm saying. Yeah i actually francesca. I love that point in that gets the another problem in the political system. So cuomo keep saying. I you know i wanted attorney general to do. Finish the investigation as letitia james and if we all believed that our democracy was on the level and politicians warn politicians. I'd say definitely finished investigation. Because i wanted to if he did it and we get it then that gives us closure as opposed to well. He's resigning you to deny it forever. Because then they won't bother finishing the investigation et cetera. Right but the problem is i. Don't trust politicians so is cuomo part of the reason cuomo's doing because he wants to delay it and then he thinks if i can just delayed thousand other political maneuvers to avoid it and the and then he keeps saying he wants so much that i a wonder is fisher. James doesn't look like a political ally of cuomo based on her previous experience right but one if she is something we don't and then they a bs investigation. Those women took you know suffer a second injustice so you think yeah and i just think it's important to mention though that like the investigation of sexual assault or harassment claim. Is it so hard because it is always a. He said she said type of situation. Which is why we have. Things like the slogan survivors right And believe women which because you have predators who will always deny it. I do not foresee a future in which andrew cuomo admits. Anything that i can be sure of. We might hear more about the stories from the from the staffers and the and the people who were he victimized but i do not foresee him being. I guess i remember doing that. No it's not gonna happen so again. I just want set that up that it's not a fair you're never gonna get to the truth kind of thing.
Continuing to Navigate the Neurodegenerative Disease Subsector
"The first thing. I want to mention of course is what we're really dealing with here when we're looking at specifically companies in the next generation space. Now i'm going to belabor the slight even less than i did last time basically for good phase three data. I feel it'd be good. Expect a company trade between at a minimum really of ten to twenty billion dollars market cap and for companies. That are kind of earlier in the pipeline. I would say they've shown some good phase one b or some good early phase two a data. We can expect them to trade around at one billion dollar market cap and that seems to be the case so far and there's obviously tons of information that we can use to say whether or not they should be trading at a higher value or a lower value than that. But that's generally what i'm going into this with and using the data that's available out there. You can really make your own assessment. What you think is a fair value for some of these companies but anyway just to show this slide quickly because we need to know what we're dealing with here so keep all that in mind as we look at the market cap of these different companies. Today and the first company. I want to touch on. Is a company called aspira. Fire ticker symbol. Ha they closed on friday. The fifth at nineteen dollars and eighteen cents a share giving them a market cap of seven hundred million dollars they're q. Three twenty twenty net loss was eight point five million dollars and they had a q. Three twenty twenty current assets of two hundred thirty two million dollars and then they also didn't offering in february of this year adding another hundred three million dollars to their balance sheet their q. Three twenty twenty current liabilities. Sit an eight million dollars and to give some background of the company they went. Ipo in september of two thousand twenty at seventeen dollars per share so they're not trading it too much of a premium for matt but for anybody looking to take a position in the short term. I do want to remind you that. The lockup occurs on march seventeenth and an additional twelve million shares. That were previously locked up from the ipo are now going to be added to the flow. Which is at twenty three point. Seven million dollars today. so companies. That had this lockup expiration. I caution against taking a long position in only because the dilution. That's going to occur after the lockup is going to put some pressure on the stock price so keep that in mind but the company is looking at commercializing an asset that targets the hypothesis that growth factor pathway also known as the met receptor. And they're doing this to try and treat different. Cns disorders so there specifically using compound called a t h one zero seven and this was previously known as andy x one. Zero one. seven if you're looking in the literature and they're trying to treat alzheimer's and parkinson's disease but this and then they also a small molecule version of this where they're going to be looking at neuropsychiatric disorders like depression. And there's some benefits to using a small molecule version verses the other version using a t h zero one seven. But i'm not going to focus on that. I'm really just kinda talk about the molecule. That's going to be treated for alzheimer's and parkinson's disease and before we do that though i did want focus a little bit on event related potential and a touchdown this on a couple other episodes but i wanted to go a little bit more in depth because the main readout that a fire is focusing on is this p three hundred data point and so what event related potential is a quick primer. It's a q. Eeg measurement but it's a functional version of that so a lot of companies will show a q. e. e. g. measurement of just baseline brain activity. And what this does is it. Just measures brain electrical activity and q. E. e. g. sanford quantitative electro So the baseline measurement is useful. I guess but what's more impactful is actually do a sensory event which is a better surrogate for actual cognitive ability.
"hundred million dollar" Discussed on The GaryVee Audio Experience
"Loading you know maybe you've got a hundred million dollar round or you've got fund you're blowing up you get written about all day when you really wanna do you wanna fight is over the big shots and so some damn cookies sell those damn gary v audio experience today's episode as a mash up of advice gary has given the several different cookie businesses over the last few years you'll hear a caller from a livestream from a month ago two different apps gary v clips from from two thousand fifteen and two thousand seventeen and a fire ramp from way back in two thousand eleven it's important to listen to this advice and apply it to her own industry enjoying let us know what you thought on social gary v up next lisa with the ground level who keep business hello hey leases gary v in romulus gary v show i agree i am not joking lease that's crazy how awesome awesome so i started eight very ground level on cookie business about a year ago i am literally just did it out of out of fun hobby and i was in full time school of cosmetology license and and unfortunately went through a divorce but this cookie business has taken off at has become more than just a hobby 'em within less than a year i've gotten about four hundred fans just on facebook's so i'm wondering if.
"hundred million dollar" Discussed on The Meb Faber Show
"You're getting all that it's a wanna say the first time in our. Stories history where you're getting equity stake in a financial newsletter publisher, which you can't do any place else. And yet when you really see the margins, and I know, you know, them as well, how big a gore is which is an amazing company run by Bill bond or even poor stands berry has a division of that. And how these companies have grown into two hundred million dollar plus revenue businesses. You could see how the marches are. How quick this industry could scale EFI do the right thing. And the fact that we raise money we're in a position to really celebrate. That again, we have to execute a lot of risk. But we're in a good position where you know. It's nice where it's on us. I love that position. That's not always the case when you open a business, it's up to us. If we execute them this think of get big if we don't then at least you could saw token pretty quickly as we wind down. I love it. This is actually really interesting. I'm fascinated by this world. I was kind of a crypto hater for years, mainly because I love teasing micro friends. The very first comment you made about Chucky cheese, and Dave and Buster's was funny because used to always when I would go on a long international flight. I would. Poke my crypto friends by saying I'm getting ready to mind the crap out of some cryptocurrency by taking a flight to London and getting a bunch of delta sky miles, which has it was the the original cryptocurrency was frequent flyer miles minez advise something with it as opposed to some of the some of the coins. But it's a fascinating world to me. And this is finally becoming interesting, and that real quick to this isn't about bitcoin theory guys you see bitcoin going higher. What this is about companies. Just totally different. I mean, that's the ICL market. This market is about more like a stock exchange of people selling off pieces of their company to you, and you're able to buy them, but this has to more the company our company exceleron token should go higher. It is a theory and based token, but it's not based on where theorems gonna go where coins. Go that's more the ICAO market. This is a big change is going to be more like a stock market. And it's hard for us to tell people and teach people distinguish between those two markets because people got Bernie start market that crash, but it's totally different from the bitcoin theory markets, then I've said on Twitter said a hundred times out of a hundred rather invest in. Basket of kick-ass, founders with real companies that have the potential to go ten hundred axe then speculate on currency where there's no underlying business that is behind the concept. Couple more questions. We'll wind down as a big boots on the ground guy. I know you hit up a lot of conferences New Orleans Vancouver..
"hundred million dollar" Discussed on /Film Daily
"This. That's true. Maybe she has amnesia. That's always a possibility. Like the the getting shot destroyed her memory. Then you've been quiet during all this insanity. Like any thoughts on this? I love this Martha idea so much because it is so out there. And I I would this is one of those things that would be a legendary moment in comic book movie history. We would still be talking about this and and having huge arguments over it. And I kind of love the idea of like, so, you know, sack Snyder as as a misguided as he can be sometimes this reminds me a little bit of like the old superman fly by concept where it's just like it changes. What we know your character talking about the script that Jj Abrams road that eventually like the big third act reveal was that lex Luther was also from krypton. Yes. Yes. And so, you know, something like that would change what we know so fundamentally about these characters that I would find it really really interesting. You know? Say what you will about it. But the way that Snyder could've used this twist to play with the dynamic between Batman and superman would have been something that we've never seen before. And I, you know in a world where we're seeing a lot of sort of literal adaptations of stuff in like, sometimes we sort of feel like we know what the movie is going to be before it even comes out something like that would have certainly like flipped the table on on what we know about that man and superman, so I kind of wish he would have done that. But yeah, I I guess alas. It was not to be Jacob say what you will about the logic of this idea. But at least it would be a more reasonable moment than them bonding over the fact that their mothers are both named the same name. This is why you don't take a piece accomplished trivia and make into a large plot point in two hundred million dollar movie. It's bad from the outset. Nothing here works and all that just makes me very sad. Okay. We have a lot of stuff to talk about jerk appeals us if you have not seen journey pills us, go. See it. I think we can all agree that something that you should see in the theater we recorded in episode on Friday spoiler discussion, where Jakopin Ben in Brad all outlined their interpretations of the movie, go listen to that. It's a I think it's one of our best episodes, but someone who was not on that po-. So if you're still listening to you haven't seen us, this is your fault. You've been warned there's massive spoilers coming up. But that said someone who wasn't on that podcast was Chris Chris had not seen the movie at that point. Chris you have now seen the movie. What did you think? I loved it. I love us seeing us felt like, you know, a confirmation of like everything everyone said about Jordan Peele as a filmmaker like after after get out came out, and it was so fantastic. And there was the sense..
"hundred million dollar" Discussed on NewsRadio KFBK
"He likes it. When you talk back. Tom sullivan. All right, creative. The most creative tweet in a long time. A tap tweet and says I can see now if things stop working in a Microsoft dome, just go outside and cycle the circuit breakers. An apple homeworks all the time. But you can't have visitors unless apple approves and the home cost twice as much as the Microsoft home. It's very funny. I like your humor tap very much. Mark louisville. We were talking to you in in some brought up Louisville Ken did saying why not while these big companies build out in like FedEx and UPS they went to Memphis and Louisville. So. Why there? Well for them. It was logistics. Right. Oh, yeah. Both Memphis and Louisville gas is the largest employer here. And it's because it's centrally located right? And you know, but for these companies they want to be near talent. And they also want. Everybody should have known that apple is going to locate your Washington DC because that's going to be their biggest client. But you know, if they talent they have to attract talent by having a certain level of school systems there and other things, but the problem is these tech companies are really an abomination when you compare them to. You know, traditional business. If if a Ford was another big employer here, they they have high people they have just like you get they've got people that throw packages and people that fly planes, right? And they're totally different. Right. Yeah. When you look at these tech companies, you're talking sixty seventy percent of the employees are high income earners? Yes. And the infrastructure does not exist to absorb it would be no different than if you inserted an animal species into an environment that you know, that they they consume all of the real estate to the point where the species, they can't exist. I e low income people they're either pushed out or they go state like I said, my parents house it it's all it's all a gentrified neighborhood. When I grew up there. It was all a bunch of poor people sitting around so it, but it's close in. So that is the benefit why they paid more money and more money and more money as as the homes been bought and sold and bought and sold because high price people wanna live close to where they work Bengo up. It went. I don't know what the answer for it is other than like any other species. If you look at it from, you know, each each city has its carrying capacity, just like any environment has a carrying capacity. And I think at some point these tech companies are going to have to spread their workers out because they're going to kill. Cities if they go into because the only option is going to you know, like like you said, what is what is the fast food worker? What is the firemen you can't tax and support all the people that work for industries that are low margin? So how do you see this five hundred million dollar investment by Microsoft where they're going to build? They say they will build affordable housing. They're going to have to make it. So that it's in close to the city. They're going to have to make it. So that only certain people can buy the home, not everybody. Can I don't care how much money you have you? Don't qualify. It's going to be a different qualification. Than what we normally. It's kind of like corporate section eight. And you know, the promise offered a million dollars with nothing. He talked about developing housing. It doesn't go very true. It is the biggest gift in Microsoft's history. Five hundred million dollar pledge part of it is is homelessness. Don't get me started on that. Because I think that the more they give to the homeless more homeless. You will get. But the affordable housing, I do get. I get that. In a big big way. I don't understand what. Well, I mean, I'm I'm living right in the heart of where once upon a time a long long time ago there were middle class people living in Manhattan, and they scattered. They went over and Fred Trump, build a bunch of homes over queens that were affordable in the people flocked to queens. I'd go for the commute. Yeah. Suburbia? Exactly, exactly. I think I think instead of spending five hundred million dollars, Tom, they should they should diversify their workforce and spread them out and others. Court. They're just proportionate salaries. Don't negatively impact those communities from a cost standpoint as much. You would have to spread them way way out way way out because. I have you seen the new apple headquarters building, the big spaceship? In in Silicon Valley massive is this big circular building. But silicon valley's gone it belongs to the techies, and it has for a long long time. Sure. I remember one of the real estate every day. Hey, I can't imagine dealing with that. And and look at those costs. I guess my point is if these companies really wanted to to be good steward of these cities. They wouldn't build these monster campuses. But they wanna have the March because that's what the that's what the high paid engineers one be a monster campus where they. No. Well, look at national. I mean Nashville is exploded. Because a lot of a lot of companies went there because of those lower costs, right? But there's only so many, I know. There's double edged sword where all the politicians and the people who live in those days want high paying jobs, but the problem is if you get too many they destroy. Yeah. Yeah. That that.
"hundred million dollar" Discussed on News Radio 1190 KEX
"Friend mentor supporter advisor. Encouraging Russell Ibarra Gilbert Russell Ibarra open yet another Tex-Mex restaurant. The first one in what would become his one hundred million dollar a year empire. It was not at that moment. What you would expect to turn into such a successful venture. But it did. And I asked him to join us for a few moments and share his reflections twenty-six years later. Russell would you have ever expected. Where you are today. I'm sorry. I'm sorry about that. That's right. So twenty six years ago today, you were thirty one years old you took over a restaurant space. Yes. I failed four times thirteen years. And somehow that thing made it somehow it made it in many for two reasons. One of them was because I kind of learned from my past failures. And and within each of them was a lesson. And I tried to learn for all men. Anyone who talks about their who's successful as you are running a hundred million dollar a year company who talks about their low points more often than you do a bankruptcy handing back a vehicle that you couldn't pay for. But I get the sense that it's not the success that has defined you. But the failure. Well, even when we receive compliments and complaints. I pay more attention to the complaints. Because that's where I'm gonna learn from. There's a book called principles by Ray daily highly recommend you read it, but he started Bridgewater one of the largest private. Equity hedge funds in America. Talked to the story about after eight years. He lost everything he had to go down to one to one employee, and it was himself, and he talks about how would it did was it provided humility for that made him prepare him for the next stage of his life. And and that's really what's target. Does it prepares you? It's a it's a terrible medicine. Taste. But it's the best medicine for you. I can tell you that much. I you know, when I reflect back and tell people the story, you know, whenever we opened on January eleventh of ninety three and I wanted this building already been four concepts, and I'll pull that string to the neon open sign standing there waiting for that, I guess to pull into the parking lot. When we finally did. I was just excited all get very grateful. And and always tell myself had been picked up at that moment and transport into the future. And just dropped where I'm at today. And someone showed me this is what it's gonna look like I would have thought I was hallucinating. But one of the things I've always tried to do visualize the picture that I wanted to become and and then and then although you're not that today. What you do is. You just basically break it down to bunch of pieces like a puzzle. And then you start putting it puzzle back together. I mean, I never thought I'd have a fulltime general counsel working for me. My son join me three years ago. He's a not only a. Uh-huh architect, but awarding NBA we just had a new CFO. You know, you're putting all these pieces together. And and one of the first person's heart was my cook. My chef Hugo aware, and as a matter of fact, we're going out to dinner tonight to celebrate. He and I are the only two they've been with the company says the very first day. So we're going to do that. And of course, Jon Fernandez, and Danny Hanks, and John there's many Heather mccune. They're they're my, you know, their mind there, my important, he says, they're all important, but they really reflect my values and and help create the copious become today. But what we really enjoys how we're able to impact the community and in our team members as a matter of fact, someone had commented on on a posted. I put today about her son or her her cousin that it worked at gringos in two thousand and three he was a buzzer. Seventeen years old, and he was involved in a horrific accident car accident. He was killed. Wait.
"hundred million dollar" Discussed on Loud Americans Discussing Soccer
"Is are they going to do the hundred million dollar clause for goalkeeper i didn't even see that i saw they're trying to know roma no they're trying to athletico madrid kevin kevin for arsenal sake for manchester united sake from we can't have this we can't have a good goal keeps us fucking takeover block pay whatever you want our snow pay hey fucking two hundred fifty million break the transfer fee on block toss please this place yeah it seems like liverpool is going to be super aggressive they want it because they saw how close they came the show within ninety minutes of winning european glory just think about that so they're they're like they know they're this close if they can just wrap their defense because they know they can score goals so i think they lose a couple players okay let's unless ps g signs of hamas alah imagined or real madrid fuck me oh my god real madrid madrid do the fourpete i genuinely want to hear your answer for this i'm not going to doubt him lebron reaching the nba finals i'm not gonna doubt real madrid till it happens because every time i bet against them in the past three years i've been wrong i'm like all right they can't possibly win back to back they can't possibly when the three peat and they just shove it right down my fucking face so i'm not going to doubt it just like lebron making the nba finals i'm not gonna doubt them until they fuck up and but they do have such an aging squad but the fountain of youth the pond steadily on right.
"hundred million dollar" Discussed on How Did This Get Made?
"That's how you're starting this seven hundred million dollar movie words we go there it is take a look this is how we movie symbol of the movie and his three right so you meant to believe that like oh they really worked out the king well yes i mean this is very strange it's an alternate universe where like it's nineteen thirties the is never not moving every movie is like doesn't go on bre doesn't so there are moments in this movie where text is all over the screen like they're when they're typing at the office yes that's what i'm talking about the read all this shit all right sure i'm getting this number three new york dogs okay back police the scientists polly perkins she wrote back oh okay chronicle here i must be where metro division it's worth fighting okay our fees scientology mill all right so much text too much text it's very important to the movie i like when the guy on the hidden hindenburg is like oh i'm going to tell you the super secret thing and then they turn back and he's gone he's still on the blimp somewhere i promise but they also make it like he's gone and then they do another shot where you see him walking off the blimp so it seemed like i was like is that scientists missing i hope that comes back i hope there's text about that at some point i'd like to know what happened with that scientists hope he's not missing also i gotta say i thought that the it was pretty anti climactic docking with the empire state building no one seemed excited about it it was the first that was front page news you would think people like hey there'd be some level of excitement he walks off as if he was like the last person out of seeing like a matinee of a quiet it's like the middle of the week that was good i enjoyed it that was fun.
"hundred million dollar" Discussed on KVNT Valley News Talk
"You know reduction in you know you jeff and then d jeff and a lot of people don't understand that but you're getting a little bit ahead of me here the second second part okay so that's the first column then you look at the second column which says f t e and it's supplementals this is basically supplementals that they received in that we put forth for last year you know we had that hundred million dollar supplemental ninety two million for medicaid etc etc that money has to get added back in so in this is the trick i tell people often the government whether it depending on where you are whether it's the city the state wherever they do rely on supplementals they don't always call him supplementals but this is where they hide a lot of their operating expenses when they want to pretend they're operating budgets much smaller and then a few months later there's a supplemental that comes forward you have to remember to add the two together ration supplemental that's another supplemental that because when they're not in session there's another group lvn a legislative but budget and auditing they actually approve a supplemental appropriations then you get column for this is the one that's really need to pay attention to this is how much we have spent or going to spend four f y eighteen by june thirtieth next column c five which is conference committee five plus hp to eighty seven to eighty seven is the education bill remember they took education out to try and reduce the budget this is the tricky part about government budgeting and this is the first i showed people there were doing it educations usually in the operating budget all this year for the first time in history they've separated education out but then in order to get education funding they made it contingent on passing the restructure of the permanent fund that was that was four for next year the second year but it's still it's still one of those they never have done that i mean this is a new phenomenon making one bill contingent on on another bill and in hp to eighty seventy not effective date is for for funding education what do i i i'll say the first of july was it would be in the budget okay so th there was no early funding there was no nothing this was separate funding then.
"hundred million dollar" Discussed on The Lead with Jake Tapper
"And it relates to the five hundred million dollar payout from michigan state in relation to the nassar crime and when you have a pale like that that changes behavior okay you can be sure universities are going to make sure they never allow things to happen like what happened with this gymnastics coach ever again because they don't want to be in the next five hundred million dollar hand well you know what the gun industry they need to pay out we ought to create a national victims compensation fund for all victims of gun violence that is funded by gun manufacturers on every weapon sold an every weapon manufactured okay and it can if they have to pay they will change their behavior you can count on it for gotten berg thanks for joining us and just wanted you to know we're thinking of jamie today and we were thinking of you thank you so much for coming and talking to us thank you for having our breaking news coverage continues next day with us hello it's salacious alone from the film struck podcast the audio playground for love is of cinema pasta and present and on the latest episode i paid a visit to oscar winner eva marie saint she told me about working with alfred hitchcock and elliott zan and even tease me when i asked about cary grant with my hand on my hopped that's very corny but it is i am very coney pessimistically when it comes.
"hundred million dollar" Discussed on We Study Billionaires - The Investors Podcast
"People in the world but if you take that same established process that they're used to doing and you remove that you just make one less step one hundred million dollar business every time i look at it so the reality is people will put a premium on ease of use on timesaving over every other enhancement or improvement you can possibly put into your product this is why constantly challenged our team to say only launch features that half or more of our customers lease because i don't want anybody getting confused i don't want anybody going down a rabbit hole and trying to figure out how to use the new feature there is a fundamental value proposition that every business offers either you are offering something like time savings or you are offering something like an improvement in outcome we have to understand what your core truth is the best businesses are ones that take something that everybody has to do and less than do it in a shorter amount of time i love that area interesting so ian you in the people matching business and everyone who held a job or anyone who's tried to hire another persian would say that they had experienced both good matches and that matches so your experience and all that data that you have say that you are small business owner what a some of the most common mistakes we do whenever we match an employer employee mean there's through classic set of mistakes that we all make an i'll take you through the process the first is we are all bad at writing jobs options and were bad for one fundamental reason which is when we look online and see the templates or what you're supposed to put in a job description it's a description of the company usually dry on by list of requirements or the rawal and followed by like a very short was the benefits of.
"hundred million dollar" Discussed on KNBR The Sports Leader
"Try me out here i think another team but obviously would want crawford i guess panic two hundred two hundred million dollar contract the giants already have a beyond bloated two hundred million dollar payroll there's no chance of that and they owe am unless they're gonna get cincinnati to take brandon belt back in some kind of deal but i do this right larry where you say trade this guy trade that guy trade where they're not going good you think every oh boy you're like to get this guy it's not always they're good players on bad teams they can move all the time he had command it happens all the time in baseball the giants typically this isn't there move they don't stay don't say goodbye to their guys they they hold on their guys they believe in the veteran approach but you know they're six and ten out of the chute they don't look good offensively at all i don't and i don't know in the relatively almost full strength offensively if he one thing if they had a bunch of hitters on the deal and they weren't scoring this is what they got offense and they're not doing it so let me make sample see lost ninety eight games last year you look at this and say okay what the hell bad starting to pitchy but you couple it with ninety ninety eight last year and the year before the second half of the season they were lousy since the second half of that would be what sixteen right they have the worst record knowledge base by a pretty wide margin and that's why my wide margin and last year i mean you know last night i would say there's one positive that stands up is that johnny cueto easy valuable assets and yeah he's got a big contract that goes a long term and i know it would be kind of giving up.
"hundred million dollar" Discussed on First Things First
"Yes it's not that he couldn't use it feel like he could step out there and play right now they're still in his mind the risk of re injury well then then let me say this if that's all true than this off season you know when needs to happen the spurs to fire their medical staff like this is their franchise guy this is a two hundred million dollar contract he's sitting out there looking for and a guy that almost won the mvp last year is a finals mvp was mvp front runner this year like if it has gotten to the point to where weeks ago the medical staff said he can go and they weren't off by a week they weren't off by two weeks they might be off by the entirety of the season something there's something amiss here i'm not saying quite as being disingenuous i'm not saying representations lying what i am saying is we there were other things that pre before we knew about the significance of this injury that we were talking about regarding quite lender about his unhappiness necessarily in the market in which he's in about the unhappiness about his shoe deal about whether or not he after we heard lamarcus aldridge wanted out of san antonio all of sudden if quiet leonard as well and now we're seeing this like i can't ignore that i i think we're in a rare situation where both parties evolved have earned any normal benefit of the doubt which is why i say once again i'm confused by it but i'm not i'm not prepared to say the spurs are trying to risk future or or being shortsighted in saying go out there and play i i think they've earned versa never released information that he was available to play without quite saying yes i agree with that then you put them on two different tracks so that's the spurs fault with all their experience and all the great things they did that i don't know that i think they thought they were on the same page at that time i think they thought they were on the same page quite.
"hundred million dollar" Discussed on WCBM 680 AM
"These massive companies looks like iran may get those taxpayerfunded funded boeing jets after these are republicans house republicans have technically banned earmarks but that hasn't stopped him from including a nine hundred million dollar fund for the gateway project an underground tunnel connecting new york and new jersey mr producer aren't already underground tunnels connecting new york new jersey haven't i've driven through underground tunnels connecting new york new jersey and paid confiscatory tolls in order to do so the project which began at a cost of thirteen point five billion dollars has ballooned at twenty nine point five billion dollars and predictably the states aren't offering to cover the extra costs why would they when the republican congress is so willing to fund one of the largest earmarks ever your internet you know what's a great idea and a midterm election impose a sweeping new tax that nobody likes house republicans are planning to do just that by granting states new power to tax and regulate internet sales may businesses outside the states this what effectively give individual states massive new taxing authorities across the country and subject internet retailers to legal and cost complaints in the more than twelve thousand taxing jurisdictions worldwide the legislation is opposed by nearly twenty conservative groups but unsurprisingly that hasn't swayed the republican leadership my ladies and gentlemen this is way out of kilter as our buddy daniel horowitz points out at conservative review proponents of the internet tax would have you believe that there is some anti market schemed to treat.
"hundred million dollar" Discussed on KDWN 720AM
"Or reportedly planning to pass a provision lowering the corn requirements for the bank to approve these big loans to these massive companies looks like iran may get those taxpayerfunded funded boeing jets after all these are republicans house republicans have technically banned earmarks but that doesn't stop them from including a nine hundred million dollar fund for the gateway project an underground tunnel connecting new york and new jersey mr producer aren't there already underground tunnels connecting new york new jersey haven't i've driven through underground tunnels connecting newark new jersey and paid confess katori tolls in order to do so the project which began at a cost of thirteen point five billion dollars has ballooned at twenty nine point five billion dollars and predictably the states aren't offering to cover the extra costs why would they when the republican congress is so willing to fund one of the largest earmarks ever your internet you know what's a great idea midterm election impose a sweeping new tax that nobody likes house republicans are planning to do just that by granting states new power to tax and regulate internet sales may by businesses outside the states this what he actively give individual states massive new taxing authorities across the country and subject internet retailers to legal and cost complaints in the more than twelve thousand taxing jurisdictions worldwide the legislation is opposed by nearly twenty conservative groups but unsurprisingly that hasn't swayed the republican leadership now ladies and gentlemen this is way out.
"hundred million dollar" Discussed on WBZ NewsRadio 1030
"Rising radio price and but get two months if the of price payroll of processing some thank free starts that's to rise patriots then maybe off the price of the other truth things starts up where to rise and dot that's what we're com concerned about accounting inflation and interest pay payroll rates key are baton rising thirty year fixed a mortgages up again for the eighth straight week the consumers news are buying traffic more things weather and mostly business because reports the new tax this is law wbz is put more money news in pocket radio books 1030 the nation's big three automakers have seen better days all of them reports sales declines at another cambridge by the attack raises a whole lot of money this time it's rubio's therapeutics with a one hundred million dollar rounds and not a lot of people are buying guns these days gunmakers smith wesson of springfield is cutting its workforce thirteen percent of manufacturing jobs that's the wbz market wrap jeff brown wbz newsradio 1030 parts at thanks and if you had to step away and you didn't want to miss jess report you don't have to say because we are also streaming live day and night on the iheart radio app you just have to downloaded four free governor baker says he's concerned about some of the raciallycharged social media post attributed to a massachusetts state trooper the globe says trooper matthews she and new fired a rifle during a confrontation that left at cape verde and atv driver injured has been posting for years on a website called mass cops some of the writings include support for officers who shoot suspects you know the fact that those posts and the vogue garrity of them date back five six seven years this is not an isolated incident this is an ongoing collection of thoughts and comments that have no place in law enforcement no place in public discussion no place in our community period state police spokesman dave prokopiev's says they've opened an immediate investigation into she spouse in by the way taken away as department issued equipment we heard from the governor today on the storm tomorrow and just hearing from doug cope are south shore correspondent covering our storms always for us as situated highs gonna open up a shelter at the.
"hundred million dollar" Discussed on WDRC
"With their multi eight hundred million dollar stadium that's out right now right aide e n look it it's every single special interests break across the board it sounds often when you deal with congress that of five hundred thirty five members getting together and figuring out of big list of special interest giveaways that they can agree on is easy but actually cleaning up the code in fixing it for the american people is always more challenging but this president wasn't elected do these he thinks he's coming in washington with a big agenda do the hard things and one of them is cleaning up this tax code what do you think about our people going to react to the idea of losing state and local tax deductions which you know they only affect people who are generally higher income in in places that have high levels of taxation california would be one new york state would be another one where they have high local taxes and now you're you may not be able to deduct those against your federal taxes if the salt element goes way right so um look we we don't believe in this administration that we should be subsidising states and cities dead in overly raise taxes on individuals and we really don't think that an individual or family dead earns a certain amount of money in alabama tennessee should be paying more than folks in new york city and right now that's the way the tax code works and it's unfair and so all the particular details on the state and the state and local tax provisions and other provisions there's still time to work a lot of these out and there may be some flexibility but by and large the principles that i'm talking about at the same which is that we need to simplify the code we need to make it easier and simpler for families and make it more fair for businesses so we can compete cream jobs and give more money back to folks learn it i'm talking to rajshahi who's the you're the number two guy in the press i mean sarah huckabee sanders is is the number one absolutely yeah and i want to give your do.
"hundred million dollar" Discussed on BizTalk Radio
"The president and founder of scribner based in the are in the space of the space of i love that a subscription and recurring bowling software quiz we're talking about things that are sort of outside of business now segment one we covered the business model itself so adam urges to wrap that up the morning routine is essential to productivity and i think we agree i think more and more people are discovering that so that's that's great thanks for sharing your routine now when you talk about health versus wealth what do you mean here well it really personal for me i'm unit had my father who worked knocked out on business suffered a major uh help call it setback setback in 2014 had a meeting rooms road heart attack at law his business overnight essentially every monday on the back of jets working eighteen nineteen hours a day for fifteen years and and neglecting uh you know proper nutrition exercise proper slicking habit and so when i helped before well it doesn't matter if you're operating a 20milliondollar business or a two hundred million dollar business if you don't have your health and and operate it uh nothing else really matters got treat yourself with respect if you're running it didn't it on the central that your healthy and happy in order to milk you don't get the most out of uh out of that at that isn't that you're running out and you know personal permit so notes is profound for you i'm sure you know my father whose ninety one today still says dave if you don't he starts he's going to rescue if you don't have your health you don't have anything so in a way it's a simplistic way of expressing what you just did i mean louie in maybe this is an american thing too but we're also wired to lay doodoodoo doodoo and we really forget to be and we forget that it all starts with the experience of being present in the now and so what businesses do none of this is true for you adam and i think it is because you've discovered how important you know your value systems could have been you really taking control and in a certain way it.