S3 E7: Why Facebook Moderation Is Grinding Gears / Starbucks Insane Money Making App / Three New Shopify Features
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Is There a Scam on Pinterest?
As of Q1, Starbucks has $3.3 billion loaded into the app of balance. That's effectively a 0% interest loan that Starbucks has from its members. And just historically, they know 10% will never redeem. So they basically pocket $330 million, which is insane.
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