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S3 E12: Stripe’s Falling Valuation / The Allbirds Pivot / The World’s Most Accessible Superhero

Limited Supply

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The Negative Growth of Louis Vuitton

I feel like I'm every time I've walked past all birds San Francisco or New York, especially here in Soho There's never anybody inside really yeah. It's fairly empty for the most part every time I have walked in also Just to go look at the wall. No, no different one. Yeah, but a shot of it were blun through you. Okay. So they did 52 million in revenue from stores in 2021 and their average rent per store is $20,000. But when they announced their earnings their stock fell off of a cliff because they said the fourth quarter of 2022 Was the first time they did less in sales than a quarter a year ago. Oh does that

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