Jake Samuelson

Product Manager | Engineer

[@levelsio @levelsio]

Interesting thing I noticed

Everytime I go to America it increasingly looks more like Europe and vice versa

Because every single thing made is just resold but made in China so in a way the Chinese design how our cities look like now

From things like uniform patio umbrellas to window frames to kitchen materials

Before there'd be an American supplier and a Dutch supplier that had specific differences in style for their country/region

Now it's all Chinese so the highest value per dollar product wins and Americans and Europeans agree on the same best product

Bit related to Michel Houellebecq's quote about global uniformity "the whole world will start to look like an airport"

Unlike him I don't think it's necessarily bad btw, I just noticed it, I think it's progress

Left: US, right: NL

[Brian De Souza @brian_de_souza]

enough is enough

[Jake Samuelson @imjakesamuelson]

Seems like a good business for AFC, not so much as an operator

[Jake Samuelson @imjakesamuelson]

Grocery store sushi (Zenshi/AFC) isn’t actually owned by the store - it’s a franchise. The operator runs the sushi counter, pays a cut to the store & franchisor, and keeps what’s left.

[Jake Samuelson @imjakesamuelson]

Saw an AFC/Zenshi sushi spot for sale for $20K. Does $4K-$5K weekly in sales, with the operator keeping ~64% - $153K net revenue before expenses. Not so lucrative once you factor in labor & food costs. Probably only makes sense if you’re running multiple stores.

[Jake Samuelson @imjakesamuelson]

I'm absolutely convinced, no home workout comes close to BarrysX @Barrys

[Jake Samuelson @imjakesamuelson]

The main differentiation is brick & mortar nature & how long they've been in business. Being in an affluent neighborhood makes this an extremely simple low maintenance business.

Store's occupied few hours a month. Still a $200k+ net profit business yearly.

[Jake Samuelson @imjakesamuelson]

Walked into an empty Jacuzzi store I'd never seen anyone in, talked to sales guy for 30 minutes.

Sells only 2-5 units/month = $10k-30k net profit. Stupidly simple business model that most Americans would dream of owning.

[Jake Samuelson @imjakesamuelson]

They have been around for 25 years, and, still sell the same, undifferentiated product, with limited to no new product line additions. Asked if they were considering selling cold plunges or saunas - it was not even on the radar.

[Jake Samuelson @imjakesamuelson]

@iiiitsandrea All these posts have only made me stock up on more BetterBagels at WF. Everyone I know that has tried the bagels loves them.

[Jake Samuelson @imjakesamuelson]

It seems that in 2018, the TLC changed the regulations, making the only way to obtain a FHV license on a move-forward basis with a wheelchair-accessible vehicle.

[Jake Samuelson @imjakesamuelson]

Can anyone explain why NYC has so many wheelchair-accessible vans? Subsidies, regulations? Seems abnormal.

[Jake Samuelson @imjakesamuelson]

@TweetsOfSumit Garmin Inreach for messaging when backcountry

[Jake Samuelson @imjakesamuelson]

@ritwikpavan I genuinely don’t know what is exciting about coop. People have had chicken coops for hundreds of years. Is there a problem this product is solving with quantifiable outcomes? Or, is it just appealing to techies that defect to a farce “simple” life.

[Jake Samuelson @imjakesamuelson]

@iiiitsandrea This is brilliant

[Jake Samuelson @imjakesamuelson]

Convinced Dallas may be one of the worst cities in the US. It’s not even possible to imagine what the area looked like before it was turned to lifeless roads and single family homes.

[Jake Samuelson @imjakesamuelson]

Windrose EV truck landed in the valley