The Best One Yet

🎓 “Ivy League fast-pass” — Crimson’s venture-backed tutor. Louis Vuitton’s tariff pain. Butterfinger’s 101-year streak.

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.

22:17

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Quick takeaways

Crimson Education, a college tutoring startup, has skyrocketed to a $500 million valuation by promising Ivy League admissions through targeted activities and leadership experiences.

LVMH's declining sales, particularly in Asia, illustrate the ripple effects of trade wars and tariffs impacting global luxury markets and consumer behavior.

Deep dives

Crimson Education's Ivy League Success

A college tutoring startup, Crimson Education, has gained a staggering $500 million valuation by promising to help students secure spots in Ivy League schools. Founded by Jamie Beaton, who himself gained admission to all 25 schools he applied to, this company employs former admissions officers from prestigious universities to guide its clients. To achieve success, Crimson emphasizes engaging in ten activities tied to two central themes, including social justice, and obtaining two distinct forms of leadership experience. The effectiveness of their strategies is evident, as Crimson students represent 2% of Ivy League freshman admissions, illustrating that demand for college consulting is driven by the increasing competition for limited spots.

Intro

2min

Trends in Spending and Economic Impacts

13min

Navigating Entrepreneurial Stress and Butterfinger's Bold Move

2min

Butterfinger Breaks a Century-Long Flavor Streak

7min

Hurricane Milton's Impact on the Rays

4min

A college tutor startup is now worth $500M… Because it gets you into Harvard (for $200K).

Louis Vuitton sales fell last quarter… because the trade war is firing up again.

Butterfinger just launched its 1st new flavor in 101 years… and we think that’s a mistake.

Plus, Crocs just launched clogs for dogs… Because we spend more on pets than shoes.

$CROX $LVMUY $NSRGY

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The Best One Yet

🎓 “Ivy League fast-pass” — Crimson’s venture-backed tutor. Louis Vuitton’s tariff pain. Butterfinger’s 101-year streak.

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Crimson Education's Ivy League Success

LVMH's Luxury Sales Decline

Butterfinger's Bold Flavor Change

Remember Everything You Learn from Podcasts