Audace in rosa. Progettata per il futuro ⚡️
@adidasfootball scende in campo con la sua versione migliore 🅰️
Disponibile su https://t.co/iHlCHxddk7 e in tutti i Juventus Store ufficiali.
🔗 https://t.co/bAEAGnAVcr
Comolli 🗣️: “For this transfer window we want to find players with great character, as Spalletti said this weekend. I’m talking about guys like McKennie and Locatelli who run for every ball and never stop competing. Were in total collaboration on this and analyzing each profile we talk too”
My dream job is working at San Diego Studios because I am convinced these mfs are on PTO for 7 months a year and then clock in and just press copy and paste
Haven’t posted on social in quite some time but can’t stay quiet in this time of loss. I’m struggling to tell all what Bobby Cox meant to me and so many others in Braves Country.
He was the leader of men and a second father to so many Atlanta Braves thru the yrs. I’m so sad today, but as I sit here watching my two youngest boys play in their championship games on the day he passed, I can’t help but shout the same things he did from the corner of the dugout. ‘Come on kid, u got this!’
We are gonna miss him so much, but his legacy is forever cemented with the success of this franchise for the last 35+ yrs. He started it as GM, continued as manager, and passing the torch to others, the Atlanta Braves will continue to be force that Bobby Cox always wanted us to be. We love you Skipper. You were our rock. I love you more than words can express.
My boys won both of their games…..Bobby had a hand, I have no doubt!
Carvana made about $6,800 in profit on every car they sold last quarter. The typical used car dealer makes around $1,500. Carvana makes four times as much because the car is just the start of what they sell you.
About 85 out of every 100 Carvana buyers finance the car through Carvana. At CarMax, their biggest competitor, the same number is closer to 40. When you click "finance" on Carvana's website, they write the loan at one interest rate, then sell that loan to a bank or pension fund within days. They keep the gap between what you pay and what the bank pays them. That gap, multiplied across hundreds of thousands of buyers, is how they print money.
Then come the add-ons. An extended warranty. Coverage that pays off your loan if the car gets totaled. An insurance referral to Root, a digital car insurance company Carvana owns a piece of. Each one stacks on top of the same checkout. The car is the bait. The loan is the meal. Everything else is dessert.
This is why selling them your car at a price that felt too generous still works for them. The money they make on that trade-in shows up later, after the next buyer signs. They clean it up, sell it to someone else, and that someone else signs another Carvana loan.
This is also why they aren't going anywhere. In May 2022 they bought ADESA, a used car auction company, for $2.2 billion. ADESA came with 56 auction yards across the US. Now Carvana owns the auction yard, the body shop that fixes the car up, the trucks that deliver it, and the lender that funds the next buyer. Every step of that car's journey happens inside something Carvana owns.
Three years ago none of this looked like it would survive. Carvana's stock hit $3.55 in December 2022. They had over $5.7 billion in debt. The market thought they were going bankrupt. Then Apollo, a giant private equity firm, led a deal with their lenders that cut $1.2 billion of debt and pushed the deadlines out to 2028.
Last quarter they sold 187,000 cars and made $405 million in profit in 90 days. They joined the S&P 500 in December. Their market cap sits near $84 billion. Bigger than Ford.
The whole business looks confusing if you think of Carvana as a car company. The math gets simple once you see them as a lender that happens to deliver cars.