Home Schooling is Big Business & The Perks of Being a Hollywood CEO
Nov 1, 2023
27:21
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Exploring the rapid growth and changing face of homeschooling in the US, including for-profit companies and government vouchers. Diving into homeschooling methods and startups, drawing similarities with popular companies like Airbnb and WeWork. Examining the decline in NVIDIA's shares due to US-China tensions and export restrictions. Discussing Tesla's autopilot system and negative perceptions of self-driving technology. Touching on the struggles of Western companies trying to leave Russia.
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Quick takeaways
Homeschooling is the fastest growing method of education in the US, driven by diverse options and attracting billions in private investment.
Pinterest's focus on e-commerce and strong earnings position it as a potential leader in online shopping.
Deep dives
Fastest Growing Method of US Education: Homeschooling
Homeschooling is the fastest growing method of education in the US, according to a new analysis from the Washington Post. The number of homeschooled students in 18 states increased by 51% in the past six school years, compared to 7% growth in private schools and a 4% decline in public schools. This growth in homeschooling is driven by a diverse range of options, including government vouchers, non-profits, and for-profit companies. Startups like Prenda and Kipod serve as marketplaces for parents to find alternative teaching options outside of the traditional school system. With annual private investment in EDtech reaching $10 billion last year, homeschooling is becoming an increasingly popular and lucrative industry.
Pinterest Sees Jump in Users Turning to E-commerce
Pinterest experienced a 19% increase in its share price after reporting strong earnings. The company reached a record 482 million monthly active users, with more than half of its users now using the platform for shopping. Revenue for the year totaled $763 million, up 11% from the previous year. The shift towards e-commerce has positioned Pinterest as a potential leader in the industry, with analysts noting its potential for monetization through features like mood boards and curated collections. Despite being down 65% from its high earlier this year, the company's focus on becoming a destination for online shopping is generating renewed optimism.
Legal Battles and Challenges Surround Tesla's Autopilot System
Tesla secured a legal victory in a self-driving case involving a fatal crash in Los Angeles. The jury found that there was no manufacturing defect in Tesla's self-driving software. However, Tesla still faces multiple ongoing legal battles regarding its autopilot system. The company's branding and marketing have come under scrutiny, with critics arguing that its messaging can be misleading. Tesla's self-driving technology has significant growth potential, with the company aiming to capitalize on the promise of self-driving cars as a major profit center. Despite recent challenges, Tesla remains at the forefront of the autonomous driving industry.
Episode 182: Neal and Toby explain why home schooling has gotten so big and why millions of dollars have been poured into it. Plus, some fairly big stock movement already this week, who are the biggest risers and fallers? Also, Tesla resolves a lengthy lawsuit and global companies are finding it hard to leave Russia. Finally, what is the true cost of being a Hollywood CEO?