🚨 Fresh off their May 20 DPO, AMASS Brands Group joins Barchart to discuss their rapid growth in the non-alcoholic & functional beverage market 🍷⚡️ $AMSS https://t.co/IpBoRogaJO
$AMSS - "AMASS Brands Group's Good Twin Wine Has Become the #1 Organic Non-Alcoholic Wine Brand in the U.S."
Wild gap here, fading quite a bit as we speak, but if this can break and base over local lower highs in the low 8s, I'll play ball for the curl back to retest VWAP.
Range $10/$11 (VWAP)
You have no experience.
You’ve never started a company.
You’ve never had a full time job.
Nike is going to kill you.
You’re a kid.
You don’t have technical skills.
You shouldn’t build hardware.
Apple is going to kill you.
You can’t build hardware.
You can’t measure heart rate non-invasively.
Athletes don’t care about recovery.
Under Armour is going to kill you.
It won’t be accurate.
You don’t listen.
You’re an ineffective leader.
You can’t recruit great talent.
You’re going to have to pay every athlete.
You can’t measure sleep non-invasively.
It’s too expensive to research.
Athletes are a small market.
The product costs too much to make.
The product costs too much to sell.
Your valuation is too high.
Consumers aren’t going to want it.
Hardware is too hard.
You should measure steps.
Fitbit is going to kill you.
You can’t build a marketing engine.
You can’t raise enough money.
You need a real CEO.
Google is going to kill you.
You can’t be a subscription.
You can’t build a brand.
You can’t do consumer in Boston.
Your valuation is too high.
You shouldn’t make accessories.
You shouldn’t make apparel.
Lululemon is going to kill you.
You can’t predict Covid.
Stay in your niche.
You are going to run out of money.
You can’t build a health platform.
Amazon is going to kill you.
You can’t measure blood pressure.
You can’t get medical approvals.
The market is too small.
You don’t understand AI.
The market is too competitive.
It won’t work internationally.
The supply chain is too complicated.
You can’t build an AI.
You can’t raise enough money.
It’s too competitive.
Healthcare isn’t going to want it.
…
Just keep going ✌️
AMASS Brands Group launched a sparkling protein water called HpO.
AMASS is best known for incubating or acquiring beverage brands like Afterdream, Gem & Bolt Mezcal, Good Twin, and Calirosa Tequila.
Recommended listening for everyone. Research Scientist from OpenAI. Give your 30 mins to this. Great way to look at things, and how can you create wealth in new economy.
Now that the budget bill has passed Congress, we can see what the projections look like for deficits, government debt, and debt service expenses. In brief, the bill is expected to lead to spending of about $7 trillion a year with inflows of about $5 trillion a year, so the debt, which is now about 6x of the money taken in, 100 percent of GDP, and about $230,000 per American family, will rise over ten years to about 7.5x the money taken in, 130 percent of GDP, and $425,000 per family. That will increase interest and principal payments on the debt from about $10 trillion ($1 trillion in interest, $9 trillion in principal) to about $18 trillion (of which $2 trillion is interest payments), which will lead to either a big squeezing out (and cutting off) of spending and/or unimaginable tax increases, or a lot of printing and devaluing of money and pushing interest rates to unattractively low levels. This printing and devaluing is not good for those holding bonds as a storehold of wealth, and what’s bad for bonds and US credit markets is bad for everyone because the US Treasury market is the backbone of all capital markets, which are the backbones of our economic and social conditions. Unless this path is soon rectified to bring the budget deficit from roughly 7% of GDP to about 3% by making adjustments to spending, taxes, and interest rates, big, painful disruptions will likely occur.
Why Equity Crowdfunding Makes Sense for AMASS Brands Group (& other consumer facing companies)
In a time when consumers seek authenticity and connection, equity crowdfunding is a natural fit for companies like AMASS Brands Group.
https://t.co/9sqCvlCoNv
FIRE: Two days before Mayor Bass flew to Ghana, LA was warned of the imminent risk of massive wildfires. Rick Caruso jumped into overdrive and ensured the Palisades Village Mall had private firefighters and water trucks. The Palisades is gone, but his mall survived. It makes you wonder what would have happened if he won his 2022 mayoral race against Karen Bass - would the rest of the Palisades still be standing? Half of the time leadership is just showing up and doing what needs to get done. Bass left the country two days before a massive wildfire despite suspending her Deputy Mayor for Public Safety just weeks earlier. It is time for Bass to resign. Los Angeles deserves better.
h/t @ARmastrangelo
Putting out fires before they spread does not seem like a serious technological challenge in a world with @SpaceX, @xai and @anduriltech.
So @elonmusk and @PalmerLuckey, why don’t we start a company that uses satellites, AI, and drone technology to put out fires before they spread?
One can envision satellite monitoring, rapid drone investigation, and drone swarm water delivery. The number of drones sent to extinguish the fire and the nature of the extinguishing agent (water, foam, dry or wet chemicals etc) would be a function of the nature and scale of the fire. No human lives would be put a risk and there is no risk of DEI involvement in drone selection.
What do you think? I would love to invest.
And it would be very good for real estate values in California.
This is Dario Amodei.
He's the CEO behind Claude, one of the world's most advanced AIs.
Yesterday, in a 5.5 hour conversation with @lexfridman, he revealed our timeline to superintelligence.
Let me save you 5 hours: 🧵