🦋 “Take me to DollyWood” — Dolly Parton’s $600M empire. Wall Street’s Super Six Stocks. Bilt’s credit card for rent.
Jan 26, 2024
auto_awesome
Dolly Parton's $600M empire, Wall Street's Super Six Stocks, and Bilt's credit card for rent. Discussing Dollywood, stock market highs, and how Bilt revolutionized rent payments with loyalty.
Dolly Parton has built a diversified entertainment conglomerate with her music, TV production company, and theme park called Dollywood, resulting in a business empire worth over half a billion dollars.
The stock market's record high is largely driven by six major tech stocks: Alphabet, Amazon, Apple, Meta, Microsoft, and Nvidia, which have a substantial influence on the overall direction of the market.
Deep dives
Dolly Parton's Dollywood: A Billion Dollar Business
Country singer Dolly Parton has built a diversified entertainment conglomerate with her music, TV production company, and theme park called Dollywood. Dolly Parton has written thousands of songs and her song catalog is worth $150 million. She has also partnered with various companies and has a business empire worth over half a billion dollars. Alongside her business success, Dolly Parton is known for her philanthropy and commitment to charity.
The Super Six: Driving the Stock Market
The stock market's record high is largely driven by six major tech stocks: Alphabet, Amazon, Apple, Meta, Microsoft, and Nvidia. These stocks have seen significant gains over the past year and a half, with Nvidia's stock quintupling. These tech giants have a substantial influence on the overall direction of the market, representing a quarter of the S&P 500's weight.
Built: Paying Rent with a Credit Card
Built, a startup with a $3 billion valuation, allows renters to pay their rent with a credit card, even if their landlords don't accept card payments. Built has formed an alliance with major landlords to offer this service and is willing to take on the merchant fees. By prioritizing customer loyalty and convenience, Built aims to establish a strong foundation and expand its services in the future.
Dolly Parton just launched a new album, a new food brand, and celebrated a 78th birthday — So we jumped in TBOYstyle to the $600M conglomerate of DollyWood.
Wall Street just hit a record high and everyone’s crediting “The Magnificent 7” stocks — But we think it’s really “The Super 6”... because 1 should be out.
And Bilt hit a $3B valuation for letting you pay your rent with a credit card (and earn points) — How does this business model work? An alliance of 4 million apartments… and a lot of loyalty.