Bondholders' Holdout Triggers Spirit Airlines' Liquidation
Spirit Airlines is shutting down. The bondholders had two choices: 1. Take 10% of the equity in a Trump-backed reorg. 2. Hold out for more and risk liquidation. They held out. The cash ran out. Liquidation it is.
Scale Growth Requires Both Creative Volume and Diversity
Creative Volume =/ Creative Diversity If you want to scale you need both though. Creative diversity at scale is how you truly grow.
10 Red Flags You’re Stuck in Manager Mode
Manager Mode -> Founder Mode -> Native Mode 10 Signs you're not in Native Mode: 1. Your cfo isn’t freaking out about the token bill 2. Budget allocation still roughly equals headcount allocation 3. You haven't changed how you draw your org chart 4. You...
Revamping Offers to Align Better with Market Demand
Don't mind me... Just restructuring all of my offers to fit the market a littleeeee better.
Hamilton Accies Report £1.36 M Loss, Facing Going concernHamilton Accies Report £1.36 M Loss, Facing Going Concern
A week after the 23/24 accounts came out, Hamilton Accies publish their 24/25 figures ⚽️Loss for year £1.36m ⚽️Total losses over the years £4.4m ⚽️Bank loans £1.51m ⚽️Owed to related parties £1.6m although the auditors expressed concerns about the accuracy of these figures ⚽️Going concern...
Rising Asian Conflict Threatens Overseas Tech Infrastructure Supply
I can’t help to wonder how much of this infra is created overseas and the potential risk of conflict rises in Asia. Chips. Servers. PCB. PCA. Power. Etc.
Costs Surge, Firms Pass some, Growth Remains Modest
Costs are rising fast again. Companies are trying to pass it through, but not fully. Activity is expanding modestly.
Iran War Stalemate Fuels Oil Price Gamble
The bottom line is the Iran War is "stuck." No War (shooting) No Peace No Shipping No Crude Oil, LNG, Fertilizer, and/or Helium And it will stay "stuck" until circumstances change. The most likely change ... * The US/Israel restart kinetic attacks with the goal...
Robot Production Scales 24‑fold, Echoing Model T Boom
Figure Robot Production is SCALING... They just went from building 1 Robot/day to 24 Robots/day. Manufacturing scaled 24x in 120 days. The humanoid production curve looks exactly like the early days of Model T assembly lines... and soon will scale...
Cory Booker's CLEAN Act Needed to Halt Music Mergers
Another day, another giant merger, this one in the music industry. Cory Booker's CLEAN Mergers Act that would undo these monstrosities is more important than ever. https://t.co/mwd0YFJNEl
Skip Resumes, Pitch Solutions Directly to Hiring Managers
Talked this week with a friend's daughter who's been job hunting since a layoff this spring. She asked what actually works to get the attention of and preference from hiring managers. Here's what I told her: Stop submitting resumes. Or...
Historic LEI/CEI Low Signals Recession, Cyclicals Set to Crash
The ratio of Leading Economic Indicators (LEI) to Coincident Economic Indicators (CEI) showing the steepest decline in the entire history of the metric and now at a level typically seen during or just before recessions. Small/mid + cyclicals rip hard once...
Small Wins, Big Miss: Another Unfinished Migration
Friday log, week 57. Built 1 feature. Killed 1 idea. Replied to 31 comments. Wrote 17 posts. Did not finish the migration I swore I'd ship. Here we go again.
Short‑term Oil Loss From Hormuz Can Be Offset
In the short-term and for a limited time, the losses of oil from the Straits of Hormuz can be made up. More at today's Chartbook Top Links: https://t.co/xfKk6k7sQC
Introducing The Ledger: New Finance Newsletter Launch
We are excited to welcome @jlafayette to our suite of expert writers @TheWrap. Today he launches "The Ledger" our new finance newsletter, covering Wall Street, M&A, investment. Today he kicks off talking to Chris Marangi, co-chief investment officer of GAMCO...
FCC Chair Accuses Disney of Stalling DEI Probe
Didn't @BrendanCarrFCC inform @Disney of the DEI investigation on March 27, 2025? Didn't Carr say that certain response deadlines occurred recently and that Disney's incomplete responses suggested the company was playing "rope-a-dope" with agency investigators? https://t.co/0GZerKrkYs
Smart Leaders Attract Smart Advisors; Clueless Ones Attract Conspiracists
SMART LEADERS get SMART ADVISORS & ASSOCIATES… the moment you see a leader surrounded by conspiracy theorists & crude men & women, it’s clear he/she is clueless… Nature has a way of keeping such people away from power… I said...
Use Micro‑commitments in Demos to Seal the Sale
Founders: Trial closes during content verify ongoing fit: While demoing: - 'Does this line up with what you described?' - 'How would you use something like this?' - 'Is this the kind of thing that'd be helpful?' Building micro-commitments. Final close becomes obvious.
Seeking AI Legibility Solutions for Non‑Engineers
If anyone is creating a company that helps companies that pulls companies up these levels, I'd love to meet. Particularly around legibility and/or non-engineer usage of AI
Fronting Insurers Carry Counterparty Credit Risk, Not Underwriting Liability
Can someone smarter than me (@CedarStResearch @tangentstyle @anyofyousmartinsuranceandfinancial Guys) help with the following: State National fronts risk. My understanding is they are the actual insurance company that has to make sure the claim is paid. The people they sell the risk to...
Engineers Must Embrace Management to Amplify Impact
Slight disagree here. Sure everyone ends up promoted one level above their competency, but if there's enough mental fortitude and lack of ego, a demotion back to a core compency can be a life saver. But sometimes a world class...
Back-to-Basics Strategy Revives Struggling Hooters Brand
Turning around a struggling restaurant brand is tough in the best of times, but turning Hooters around in this environment will take a small miracle. And yet, there are some signs that the plan is working. Amazing what getting back...
VC Funding Traps Founders in Decade‑long Commitments
Founders think the biggest risk of taking VC money is running out of cash and going bankrupt. It's not. It’s being chained to something that LOOKED promising for a decade. The decisions you're forced to make are tied to the money you took...
Writing Success Requires Craft, Business Savvy, and Boundaries
Hard author truths: 1. If monthly income posts trigger you—block them. Seriously. Protect your peace. That includes me. Curate your space instead of complaining about what others choose to share. 2. Anyone can write a book. Not everyone can write one that...
Measure LTV:CAC Using Contribution Margin, Not Revenue
LTV : CAC should be quoted in contribution margin dollars, not revenue dollars Insist on margin-based metrics
China's Auto Subsidies Outpace US Tariffs on EU Cars
Neither the wolf nor the shepherd are friends to the sheep. PRC subsidies and vertical integrated auto companies are conquering the world (outside the US and Canada). US just hiked tariffs on EU light vehicles to 25%, up from...
KitKat Wrapper Turns Into Signal‑blocking Faraday Cage
An experimental wrapper for KitKat bars helps you "Break Better" (their slogan) - it's a Faraday cage that cuts your phone off completely - no wifi, phone service, Bluetooth, etc. Brilliant way to deliver on the brand promise. https://t.co/SLePuSYLD8
Missing Reddit: Hidden Driver of Lost Enterprise Deals
The enterprise deal you just lost? There’s a good chance the decision was shaped in a Reddit thread 6 months ago. Not in Salesforce. Not in HubSpot. Not in your attribution model. Reddit is now the 3rd most visible site in Google Search. If you’re not...
Presidential Belligerence Drags Markets Lower, Pricing Risk
"Every time the president leans into belligerence... the stock market falls." Markets can’t vote, but they can mark down the price of risk. https://t.co/BapJYuCaQL
Private Equity Targets Universities Amid Enrollment Decline
This the reality of the private equity marriage to higher ed, which begins with athletics but I think will move toward education as schools are crunched for money with the enrollment cliff (fewer kids born in U.S. starting in 2008)...
Sheffield Wednesday Deal Near Finalization, Fans Rejoice
Fantastic news that the Sheffield Wednesday deal looks as if being finalised. I’m sure all Owls fans will be delighted that you won’t be appearing every week on @POF_POD
Avoid Unintended Consequences: Three Leadership Fixes
RT @JoeContrera Here are three situations that can arise when leaders and their people are unaware of the The Law of Unintended Consequences -- and 3 ways to overcome these issues: https://t.co/TmkailDAVy #leadership #employeeengagement https://t.co/wO8VmdWovy
Right Metrics Turn Brand Performance Into Science
RT @VisionEdgeMktg 📈 Brand performance isn’t guesswork, if you’re using the right metrics. Learn what actually signals effectiveness. 📷https://t.co/jBh556f2pd #metrics #branding #marketing #brandeffectiveness
Pay $230k to Meet Unvetted Foreign Investors, Hidden Fees
For the low cost of $230k, you could meet foreign investors (that you’ll have no way of vetting) in Miami. Not pictured but written: “Please note that the above package is combined with a success fee agreement.” 😳 https://t.co/sYrhpmEPZI
Markets Rebound in Days, Not Months After Shocks
The speed of this market recovery is striking. A nearly 10% drop during the Iran conflict was erased in just 11 trading days, one of the fastest rebounds ever. It shows how markets behave now. Shock, then immediate repositioning. https://t.co/vGeqv04VWN @a16z
Most Firms Want AI Agents, Few Have Governance
85% of organizations expect to customize AI agents. Only 21% have a mature governance model to do it. That gap is where things go wrong. #AIGovernance #CIO https://t.co/p7yRF5nHjg
Hire by Collaborating First, Not Just Interviewing
As a founder, it is so important to be able to hire well. Unfortunately, I found that I was not great at this in assessing people through interviews. Ultimately, I found that the best way to hire people was to...
Spirit Faces Shutdown After Judge Blocks JetBlue Deal
Inspired: U.S. District Judge William Young famously wrote "To those dedicated customers of Spirit, this one's for you" in his January 2024 ruling blocking JetBlue’s $3.8 billion acquisition of Spirit Airlines. Now Spirit is preparing to cease operations.
Social Data Eliminates Guesswork in Oracle Sales Forecasting
How We Used Social Data at Oracle to Kill the "Guesswork" in Sales Forecasting by @Timothy_Hughes https://t.co/JKHhF3loZU @DLAIgnite #SocialSelling #DigitalSelling #Leadership #ArtificialIntelligence #AI #Strategy #Sales #Marketing #MarketingStrategy #MarketingSuccess https://t.co/qv3WJVdbG7
EU Poised to Scrap Turnberry Deal Amid Weak 301 Case
Gives the EU an excuse to tear up Turnberry deal and retaliate in a world where Trump lacks the ability to use IEEPA to raise tariffs on everything overnight. The 301 case against the EU's overcapacity was rather thin -- 1/2
Talking to Camera Stays Uniquely Human
Talking to camera is the one content format AI cannot replicate... Before you come at me with "what about AI avatars" we can still see that those aren't real. We can sniff that bullshit from a mile away. There is something...
Master Coworker Stress to Protect Sleep and Grow
Difficult coworkers follow you home in your mind and ruminating about them can disrupt your evening and your sleep. But if you can learn how to manage them you will be developing a necessary skillset that will serve you for...
Spirit Airlines Faces Tonight Shutdown Over Failed Bailout Talks
Spirit Airlines Could Stop Flying Tonight As Government Bailout Talks Fail - View from the Wing https://t.co/J9GAG2Mv1j
Chevron Leverages Permian for Immediate Cash Flow, Future Gas Growth
Chevron CEO Mike Wirth on the Permian: "... we're running the Permian to deliver strong free cash flow right now. We could we could hit the gas and begin to grow it again..."
Gig Workers Bear Workload, Full‑Timers Keep Benefits
The Gig Worker Does the Job. The Full-Time Employee Gets the Benefits. Flexible and gig workforce models are expanding as companies seek to limit fixed labor costs while maintaining output capacity, creating a two-tier workforce where contingent workers carry operational load...
Instagram Reassures Meme Creators, Cracks Down on Content Thieves
Instagram isn't trying to get rid of memes — they actually had a call to reassure meme creators on Thursday They're trying to get rid of aggregators that rip off other people's content
Iran Blockade Foreshadows Epic Taiwan Blockade
The blockade of Iran sets the table for the coming blockade of Taiwan. It’s going to be a mess of truly epic proportions.
Export‑Import Gap Surges Post‑COVID, Spike After 2020‑21
The gap between imports and exports actually widened much more in 24 and 25 than during the COVID years. and my argument was in fact that there was an important break in 20-21, tied to the property market...
Wilson's Networking Makes Him Fit—If He Quits Playing
Good scoop by Marchand. Wilson has always been a great networker with league officials and media rightsholders. I think he’d be good in this role if he truly is committed to not playing again.
AI Writes 27k+ Lines in Two Months
It's been 2 months since I started working on Dunky.AI . Claude has written 27k+ lines of code across 91 files in that time. Incredible.