FanDuel Forecasts $250‑300M EBITDA Loss From Prediction Market by 2026
FanDuel reports its prediction market revenues in Q1 were "modest"; expects $250 to $300 million in adjusted EBITDA investment losses from its PM platform in 2026
Prediction Markets Cause only Low Single‑digit Sportsbook Impact
FanDuel on Prediction Markets: "We continued to see only a limited cannibalization impact from prediction market operators on our sportsbook growth, consistent with our prior estimate of a low single-digit percentage effect on handle growth" - via Q1 earnings release
Flutter CEO Thanks Amy Howe, Refocuses US Sportsbook Strategy
Flutter CEO Peter Jackson statement on Amy Howe's departure as FanDuel head: "I would like to thank Amy for her contribution to Flutter and FanDuel, and recognize the impact she has had on the business since joining in 2021. We...
Flutter Trims 2024 Revenue and EBITDA Forecasts
Flutter lowers guidance: revenue is now expected to be $18.305b with adjusted EBITDA of $2.865bn at the midpoint, a reduction from previous guidance of $18.4bn and $2.97bn in revenue and adjusted EBITDA expectations, respectively
Pronoun Politics Cost a Team Member’s Tenure
Had someone at one of my companies using pronouns in their communications, and I was like, "dude, you know this looks immature and silly to 90% of our partners." He quit a couple of months later.
Flutter Confirms FanDuel Leadership Shuffle: Taylor Named President
Flutter reaffirms FanDuel management shake up in earnings release: • Dan Taylor, CEO of International, appointed President of Flutter Entertainment • Christian Genetski, President of FanDuel, will now lead the US business
Paramount's WBD Takeover Stalls; Epic Not yet Unfolding
Warner Bros. Discovery's deal to be acquired by Paramount is supposed to create a behemoth of a company that includes everything from CBS to the "Lord of the Rings" franchise. But as Aragorn said in that massive epic, today is...
WBD Gains Streaming, Studios; Paramount Deal Triggers Massive Loss
Warner Bros. Discovery Saw Q1 Streaming, Studios Boosts, But Paramount Item Spurs Large Loss https://t.co/L585A2tXxX via @variety
80x Growth Drives Aggressive Compute Acquisition Strategy
Dario: “We saw 80x growth earlier this year on usage and revenue” “That’s why we are going to keep acquiring as much compute as we can” https://t.co/Hwj18IV7KB
Bumble's Q1 Woes Mask 30% Earnings Yield
I wrote an update on Bumble after Q1. Still a messy setup: users are down, the stock is hated, and the new loan is expensive. But bumble remains highly cash generative and I get to a near 30% owner earnings...
Cohen Sells Odd eBay Items to Fund $56B
Incredible move by Ryan Cohen to finance GameStop’s $56B acquisition of eBay. Listed items on eBay under the user name ryan_5050 and already secured bids for top-tier lots including used socks ($4,200) and sealed box for Windows 2000 Server installation disk...
Running Prince’s Estate Reveals Challenges of Legendary Artist Management
Managing estates for legendary artists is a tough business. Troy Carter shares his experience running Prince’s estate for 5 years.
Staying the Course: TMDX’s Long‑Term Thesis Remains Intact
Excellent post (below) on $TMDX, I'll do another detailed post in the next few days however in the meantime I'm doing calls with sell-side analysts and management. Here's what I'll say for now... Today is obviously frustrating for long-term shareholders but I...
War Triggers Market Plunge; Ceasefire Sparks Rally
Incredible. Starting a definitive war with tangible economic consequences led to a -8.5% drop in the S&P 500 at its nadir. And, announcing a questionable ceasefire with inevitable carry over economic throttling (best case) has led to an 11.3% rally... https://t.co/EjAJPCTMjQ
Russians Fill French Void in Mali, Face Control Challenges
When the French withdrew from the region, the Russians stepped in and picked up operations. However, maintaining control in the region is no easy feat, and the Russians are figuring that out. #russia #mali #geopolitics https://t.co/YjzFnUuwhy
Team Success Starts with Personal Growth, Not Just Work
I tell my team to work harder on themselves than on their jobs. Because the best version of the team comes from the best version of YOU.
Weiss Joins WJL Board, Helloworld Poised for Aggressive Move
$WJL.AX just handed Gary Weiss a board seat. The same Weiss who ran a board-spill and lobbed a rejected bid last November. Cheaper to absorb him than fight another proxy war in August. The real story is Helloworld. Same 18.3% stake...
CEO's AI Knowledge Determines Your Future at Company
There are always challenges that apply to every business and its employees. 1. Is your company growing ? 2. As an employee, what is it that you do and can do in the future, to better contribute to those...
Free Tool Reveals Your Site's Visibility Across LLMs
AI visibility is tricky to assess without a fancy tool, so I built one myself. Get a high-level overview of how your site shows up across top LLMs like ChatGPT, Perplexity, and others (for free.) https://t.co/vydMh9x8WB https://t.co/hBj3a9la1S
Surveillance AI: Tool or Threat Depends on Your Framing
It's all about framing. Everyone here on X gave Mark Zuckerberg shit about forcing his employees to surveil themselves to build models. That's one framing. Today I am using a stealth mode company to do the same thing on my computer....
AI-Native Teams Prioritize Prototypes, Small Squads, Rapid Cycles
What are AI-native engineering orgs doing? ➡️ Prototypes over PRDs ➡️ Small, high-leverage squads ➡️ Faster release cycles to facilitate learning ➡️ Shortened planning horizons https://t.co/VGEvQU0lRk
US Government Borrowing Now Mirrors External Deficits
"net US liabilities reached 24 per cent of global output in 2024 against a mere 6 per cent in 2008, and... the US private sector has moved into balance. So, the domestic counterpart of its external deficits today is borrowing...
BRL Set to Slip Below 4
The Brazilian Real $/BRL exchange rate during the oil spike in 2022 never quite made it below my 4.50 fair value. But it will during the current oil shock... https://t.co/6FPSc1Z02s https://t.co/jVERTF9raD
Linkless Posts Achieve Tenfold Reach Across Platforms
Great little example of ZCM: Post 1 - no link, 16k+ impressions Post 2 - same topic, but with a link, 1.9k impressions As usual, ~10X the reach with linkless content (this is LinkedIn, but we've seen the same pattern on Threads,...
Apple Faces Sanction Risk if App Fees Exceed 4%
Boom Apple has now exhausted all options AFAIK. IMHO, if they try to push the required revenue share on apps from current 0% to anything north of ~4%, it would seem to be sanctionable at this point. https://t.co/LC2RgB3aFr
Elon Reluctantly Forced Into Deal, Ignoring Human Values
100% accurate. elon didn't want to do this deal. he had to do the deal. human values be damned. https://t.co/QIGk1AjsNp
Lacob's Padres Bid Hinged on 2027 Season Cancellation
At a @Sportico event today in SF, Joe Lacob said his bid to buy the @Padres assumed that the entire 2027 @MLB season would likely be cancelled due to labor strife. https://t.co/Rqsi7w7CNX
Google Cloud Transforms Into AI Hypercomputer for 2026
Is Google Cloud still "just another cloud"? Not anymore. The shift to the AI Hypercomputer marks a move from general infrastructure to a purpose-built, integrated AI stack. Essential reading for CIOs planning their 2026 roadmap. https://t.co/CqZ5slgQDX #CIO #AI #Cloud #DigitalTransformation #GoogleCloudNext
Emerging Markets Still Undervalued—Diversify Now
Saw an ad from another firm that said: "Emerging Markets: the train has left the station, but you can still catch it" 10/10. Never too late to diversify. Especially with EM valuations *still* way below US and DM.
Brazil's Money Supply Outpaces Golden Growth, Fuelling Inflation
#BrazilWatch🇧🇷: Brazil's CPI accelerated to 4.1%/yr in March. Brazil’s M4 is growing at 10.8%/yr. That is ABOVE Hanke’s Golden Growth Rate of 7.1%/yr, a rate consistent with hitting its 3.0%/yr inflation target. INFLATION STORY = A MONEY SUPPLY STORY. https://t.co/ayWWLxT21X
Google Gemini's Lyria Generates Full Songs, Not Just Lyrics
Creating song lyrics with AI is so 2025. Now you can compose entire songs using the Lyria model in Google Gemini. It's pretty darn astonishing. Here's how it works, with sample tracks in a variety of styles: https://t.co/7pNLIXLd7b #gemini #lyria...
Shorts Are My Top Growth Driver, Newsletter Coming Soon
Fascinating insights from my @YouTube channel: Shorts are WINNING for me, and I will be doing a deep dive on this in my newsletter very soon📈 https://t.co/81VS3AtmgC
Starlink Pricing Tomorrow, but Not the Expected Service
Starlink will price tomorrow to officially IPO on Friday. Unfortunately, it is not the Starlink that most were hoping for. https://t.co/bU2RJ3QXQp
Sweden's Recovery Slowed by Iran Conflict, Ministry Says
Sweden’s finance ministry sees the recovery slowed by the Iran war https://t.co/spXk5dvrJ3 via @CharlesDuxbury https://t.co/yZ03TX0KeP
Musk Masters Scaling, Struggles with Frontier AI Breakthroughs
I don’t think I’ve seen this take before but I like it. Musk has been world-leading at compressing money, resources, and time to make “known/hard” things at scale—make an electric car, make batteries, make a cheaper bigger rocket, all...
Kishani Noori Fields Questions on Sourcer Mindset
Kishani Noori still taking questions after her session on Rewiring the Sourcer Mindset at #RIS https://t.co/tj47Dou3Qf
Guest Posts That Actually Expand Your Blogging Network
RT @RyanBiddulph Writing Guest Posts for Blogging that Actually Grow Your Network https://t.co/Fa7HOkHaR4 via @InspireToThrive
AI Compute Costs Equal XAI’s Quarterly Loss
This likely costs about ~$500m a month, ~$6bn a year to rent blended Which is about the run rate net loss of xai end of q1 Anthropics revenue run rate was $9bn end of 2025, $30bn a month ago
AI Search Success Requires Third‑Party Brand Visibility
B2B SaaS companies really nailing AI search strategy right now are not just thinking about owned content; they're thinking about how the brand shows up across third-party sites, too. IMO, it probably always should have been this way. https://t.co/oVIRa7IDLM
Investing in SpaceX SPV Lost $1M to Fraud
If you invested $1 million in SpaceX a year ago you’d have $0 today because it was actually a triple layered SPV and the GP diverted it to a mansion in LA
Open APIs, Easy Paid Services Drive Market Dominance
An enlightened digital ecosystem company would offer all store features to all developers without obstructions, and profit by offering optional services that are so easy to use and priced so attractively that they gain large market share.
Invest in Reddit Now to Capture B2B Intent
The best time to invest in Reddit was last year. The second-best time is now. B2B buyers openly compare tools there every day. Install the Reddit Pixel. Retarget pricing-page visitors. Run always-on ads. Capture intent while competitors wait. https://t.co/OF7FNXFH4b
Own the Conversation, Not Price, to Win Deals
They gave it away for FREE… and still lost. It wasn’t the product. It was the conversation. We shifted from price → outcomes. Recovered $8M. $87M → $1B in 4 years. If you’re defending price, you’ve already lost. Own the conversation. Win the deal. https://t.co/5UtOhNgSia
Great Bosses Empower, Protect, and Lead by Example
The bosses we will aways remember: 1 told us our work mattered 2 opened career doors 3 defended us when we needed it 4 recognized and rewarded us 5 developed us as leaders 6 inspired us to stretch higher 7 led by example 8 provided us a safe...
Simple Language Sells; Complexity Drives Customers Away
The dumber you sound, the more you sell. The “smart” reps are the ones overcomplicating it. Because simple beats complicated every time. If they do not understand you, they will not buy. Be honest, do you make it too complicated? https://t.co/1qnQk6gqH6
AI Lead-Gen Site Earns $1K Daily, No Dropshipping
Forget Dropshipping. This “Boring” AI Website Prints $1,000/Day (Feels Illegal) WATCH HERE 👉 https://t.co/2CH7VDOJv6 In this video, I break down how this AI website model works using a real example, a Dallas AC repair lead-generation site built with AI. I show...
Switching From Patreon to Substack with Free and Paid Options
I'm not the best at promoting. Currently I'm moving from Patreon to Substack, sparking the comment of "You have a Patreon?" I've also enabled paid subscriptions on the substack but the free option is still there as well. https://t.co/gRzWl9zBMm
Twitch Bans Off‑platform Bit Use, Tightens Enforcement
Twitch has updated the Bits Acceptable Use policy for the first time since 2018. Changes: - Bits can ONLY be used for things on Twitch. (A ban on anything off-platform or of monetary value.) - Much stricter enforcement, including a new "forfeiture clause". -...
ECB Hosts ESMA Chair to Discuss EU Capital Market Integration
Happy to welcome ESMA Chair Verena Ross to the @ecb today. We had a good discussion about the Savings and Investments Union, the integration of EU capital markets, and the broader economic outlook. https://t.co/nzStkOz1os
Coding Agents Auto-Tag Me on Linear After Each Checkpoint
Just tell me bro. Whenever my coding agents reach a checkpoint of finish a piece of work, they tag me in a @linear_app issue.