Respect the Hustle: Travis Scott Cereal Boxes and Arbitrage

On June 25th, 2019, rapper Travis Scott announced a collaboration with Reese’s Puffs cereal, selling limited-edition boxes for $50. That price seemed ridiculously high to me. I wouldn’t pay $5 for cereal, let alone $50. Joke’s on me though, because they sold out in less than a minute. The next day they were up on … Continue reading Respect the Hustle: Travis Scott Cereal Boxes and Arbitrage

Adam Smith Reigning In The Unicorns

First appeared at GenFKD Adam Smith’s “invisible hand” has been smacking proclaimed unicorns in the tech industry, protecting the rest of us from another economic Armageddon. There has been chatter about the dangers of the unicorn economy that has stemmed from the breeding ground of technological innovation—Silicon Valley. With 155 unicorn companies at a total … Continue reading Adam Smith Reigning In The Unicorns