Author: tremendousblog
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AMC burnt over $900 million in the first 9 months of last year*. That presented a bit of a problem. They had just $429 million in cash left going in the fall of 2020, and that would be gone in a matter of months. So, to stave off bankruptcy, AMC…
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Reading about the enormous run-up in shares of Tesla, Inc., I wondered something…is Tesla bigger than the entire rest of the auto industry? The answer is: almost. Tesla’s market cap ($655 billion), is nearly equal to the combined market caps of Toyota, GM, Ford, VW, Daimler, Fiat, BMW, Honda, Hyundai,…
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The lock-up that stopped insiders at Palantir Technologies from selling their shares recently expired. And boy, are they excited! Palantir stock sank as much as 13% on Tuesday after regulatory filings showed the company’s co-founder Stephen Cohen and two other top executives offloaded 2.7 million shares. And they’re not the…
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So Tesla is doing great, right? And I sure would love to make as much money as Elon Musk! So let’s make our own vehicle startup. What should we call it? Hmm, picking a name is hard. Let’s just go with Tesla’s first name, Nikola! Now we have to make…
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The dating app Bumble recently went public, making founder and CEO Whitney Wolfe Herd a billionaire at the ripe old age of 31. I heard an interview with Herd a while back, and her genius at marketing really struck me. She had just created Bumble…now, how can she get anyone…
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As many in Texas enter a fifth day without power in freezing temperatures, I searched for information on how such a disaster could’ve happened. I came upon some excellent perspective from Professor Daniel Cohan at Rice University: See the entire Twitter thread here. Very much worth reading. Not preparing the…
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Citadel CEO Ken Griffin claims that even though they pay Robinhood to execute their trades, investors are getting a better deal than they would in public stock markets: Citadel CEO Ken Griffin said Thursday that the system has been “very important to the democratization of finance. It has allowed the…
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Reddit’s Wallstreetbets loves Palantir Technologies, a Denver-based maker of data analytics software. The merry band of traders mention it more than any other stock, but the company has serious problems. Big Losses Palantir claims to make products that analyze data better than anyone else. If that’s true, why has the…
Tremendous 