The Best One Yet đ âIvy League fast-passâ â Crimsonâs venture-backed tutor. Louis Vuittonâs tariff pain. Butterfingerâs 101-year streak.
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Oct 17, 2024 A college tutor startup is causing a stir with its $500 million valuation, promising access to Ivy League schools for a hefty price. Meanwhile, Louis Vuitton feels the pinch of tariff disputes, impacting luxury sales. Butterfinger shakes things up with its first new flavor in over a century, a decision that sparks debate about brand loyalty. On a lighter note, Crocs launches clogs for dogs, showcasing our ever-increasing spending habits on pets. The podcast captures the quirky side of business trends and consumer behavior.
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The Tutor Whiz
- Jamie Beaton applied to 25 schools and got into all of them, including all Ivies.
- He now runs Crimson Education Consulting, a $500M company that helps others gain admission.
Ivy League Formula
- To get into an Ivy League school, have 10 activities connected to two central themes.
- One theme must have a social justice angle; showcase institutional and entrepreneurial leadership.
Scarcity Drives the Market
- The rise of expensive college consulting reflects a basic economic principle: scarcity.
- Increased demand and stagnant supply make Ivy League admissions intensely competitive.