The Best One Yet đ âCroc-blockedâ â Crocsâ school ban. Haunted House economics. Waymoâs money moat.
Oct 30, 2024
Some schools are banning Crocs, impacting the brand's stock performance. Waymo just pulled off a massive $5.6 billion fundraising, strengthening its position in the driverless taxi market. In a spooky twist, the haunted house industry is booming, with 50 million visitors expected this year, highlighting the importance of storytelling. Meanwhile, in an absurd crime twist, thieves have made off with $400,000 worth of cheese instead of targeting cryptocurrency. Who knew economics could be this wild?
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Croc Block
- Schools are banning Crocs due to injuries from twisted ankles and gibbet fights.
- This caused Crocs stock to fall 19% after a poor sales outlook.
Prepare for the Worst
- When your business is at its peak, prepare for potential downturns.
- Diversify your offerings to mitigate risks, like Crocs did with Hey Dude.
Waymo's Moat
- Waymo secured $5.6B in funding, the third largest venture capital raise ever.
- They plan to use the funds for expansion, new applications, and employee retention.