Robert Vinet

Insatiably Curious

Category: Business & The Economy (page 1 of 2)

How veggie burgers became the NBA’s new Gatorade

Chris Ballard at Sports Illustrated writes »

Among those fortunate few was a cohort of NBA players; in addition to Redick, Irving and Paul, investors included Victor Oladipo, Harrison Barnes and DeAndre Jordan, none of whom, it’s safe to say, needed a windfall. Most weren’t in it for the cash; rather, they are both converts and proselytizers. Some, like Paul and Redick, eat both plant and animal protein. Others, like Jordan—who was recently in New York hyping the Beyond Sausage Breakfast Sandwich at Dunkin’ Donuts—have gone, as Redick says, “full vegan on us.”

The NBA connection makes sense, at least in one respect. Today’s players are constantly seeking micro advantages. The Lakers traveled with a bone broth chef at Kobe Bryant’s behest; LeBron James uses cryotherapy. If a plant-based diet really can extend a playing career—as Brown contends and many believe—then reducing meat intake is worth the trade-off.

From another perspective, however, the idea that NBA players are now the face of veggie burgers represents a seismic shift—both in business strategy and in people’s views on food, sports and masculinity.

Read more »

The new ‘Volfefe Index’ attempts to measure Trump Tweets impact on market

JPMorgan created the “Volfefe Index” — a reference to Trump’s viral 2017 “covfefe” tweet which remains unexplained — in an attempt to measure how Trump’s tweets impact volatility in U.S. interest rates.

Out of about 4,000 non-retweets occurring during market hours from 2018 to the present, only 146 moved the market.

Most of Trump’s tweets come around noon to 2:00 pm, with a 1:00 pm tweet roughly three times as likely to arrive at any other hour of the afternoon or evening, according to J.P. Morgan’s report.

Trump’s 3:00 am tweets are also more common than 3:00 pm tweets, which can be a nuisance for U.S. rates markets, since overnight market depth tends to be thin.Trump is presumably asleep from 5:00 am to 10:00 am, according to the report, since there’s a lull in tweeting activity during that time.

» Read more about the Volfefe Index at CNBC

See also The Hill, CNN, Bloomberg

The Atlantic reinstates its paywall, starting at US$49.99/ year for digital access

Freeloaders will have access five free articles per month.

More than a decade after it dropped its paywall, The Atlantic has joined the growing group of magazine publishers with a meter: Like New York and Wired in 2018, the 162-year-old publisher on Thursday announced that it’s enacting a subscription plan across its site. Users will be able to access five articles each month for free before being required to pay annual fees of $49.99 for digital access only, $59.99 for print and digital, or $100 for a “premium” package that includes print and digital, ad-free web browsing, a free digital subscription to give to someone else, and other perks. The Masthead, the membership (not to be confused with subscription) program that The Atlantic launched two years ago, will be folded in with the premium package.

Read more by Laura Hazard Owen at Niemanlab

More at The Atlantic

Founders of Successful Tech Companies Are Mostly Middle-Aged

Researchers calculated that the founders’ average age was 42. And for the founders of the 0.1 percent fastest-growing firms, the average age was 45.

Read More at the NY Times…

Best Countries in 2019

U.S. News and World Report has released it’s annual Best Country Rankings.

The overall rankings are made up of nine subrankings:

  • Adventure
  • Citizenship
  • Cultural Influence
  • Entrepreneurship
  • Heritage
  • Movers
  • Open for Business
  • Power
  • Quality of Life

These are the top 10 overall:

1. 🇨🇭 Switzerland – Overall score 10.0

2.  🇯🇵 Japan – 9.8

3. 🇨🇦 Canada – 9.7

4. 🇩🇪 Germany – 9.6

5. 🇬🇧 United Kingdom – 9.4

6. 🇸🇪 Sweden – 9.3

7. 🇦🇺 Australia – 9.3

8. 🇺🇸 United States – 9.2

9. 🇳🇴 Norway – 8.8

10. 🇫🇷 France – 8.7

11. 🇳🇱 Netherlands – 8.5

12. 🇳🇿 New Zealand – 8.3

13. 🇩🇰 Denmark – 8.2

14. 🇫🇮 Finland – 8.1

15. 🇸🇬 Singapore – 7.7

Read More …

Bill Gates Sits Down With David M. Rubenstein

On Monday June 24, 2019, Bill Gates was interviewed by the Economic Club president David M. Rubenstein. They discuss climate change, Microsoft, artificial intelligence, and his work on global health and K-12 education in the USA through the Gates Foundation.

Continue reading

Goldman Sachs’ sophisticated model to predict World Cup results didn’t even come close

It had Brazil beating Germany in the final.

In the end France took home its second World Cup title on Sunday defeating Croatia 4-2 in the exciting final game.

Congratualations to les Bleus.

The average age of a successful startup founder is 45

Debunking the myth of the young founder.

Harvard Business Review

These averages hide a large amount of variation across industries. In software startups, the average age is 40, and younger founders aren’t uncommon. However, young people are less common in other industries such as oil and gas or biotechnology, where the average age is closer to 47.

The story of the zipper shows that even great ideas can fail at first

It’s estimated 4.5 billion zippers are purchased every year in the U.S. That’s 14 zippers for per American, per year.

From QZ:

The technology itself was far from an instant hit. For one thing, other methods for closing things—such as buttons, hooks-and-eyes, and laces—had been around a long time and worked just fine, even if they could be slow and laborious. “There was no general sense that this was an area begging for improvement, much less replacement,” wrote technology historian Robert Friedel in Zipper: An Exploration in Novelty.

It also took decades of different people reworking the basic design of the zipper, finding an audience for it, and figuring out the right marketing to make it as popular as it is today. But the zipper succeeded, and arguably offers a counterpoint to anyone who thinks an idea that has been tried in one form and didn’t immediately catch on is already dead.

Wealthy Canadians are hiding $240 billion overseas

The Canada Revenue Agency has figured out that wealthy Canadians are hiding up to $240 billion overseas and they are dodging up to $3 billion in taxes.

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