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Plus: The Alamo Drafthouse is reopening theaters… for private viewings.
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August 13, 2020
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TOGETHER WITH
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<strong>
The Hustle is officially switching to a 4-day work week.
</strong>
Granted, we haven’t asked permission, but the concept
<em>
is
</em>
taking off. Read on for more.
</p>
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The Big Idea
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<h2 style="font-size: 22px; font-weight: bold; line-height: 26px; margin: 5px 0px;">
I scream, you scream, we all scream for a 4-day workweek?
</h2>
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In the early 1930s, the US considered adopting a
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
universal 30-hour work week
</a>
. Congress killed the bill -- and with it, your dreams of downing margaritas every Friday at noon.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Now everyone’s buzzing about a 4-day work week --
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
Andrew Yang
</a>
, New Zealand Prime Minister
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
Jacinda Ardern
</a>
, a
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
Washington State senator
</a>
.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
With workers burnt out from…
<em>
*gestures at everything*
</em>
... companies like Buffer are
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
trying it out
</a>
.
</p>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; margin: 0px; padding-top: 8px;">
<strong>
Here’s what a 4-day week looks like
</strong>
</h4>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Some definitions say a 4-day week = 10-hour days. But there’s another version -- 32 hours over 4 days, with full-time benefits.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
The logic of 32? Better-rested and happier employees are so much more productive that they don’t need a 5th day.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
But does the 4-day week work? The data is mixed:
</p>
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When Microsoft tried it last year in Japan,
<a style="color: #d62829; text-decoration: none;">
sales per employee
</a>
soared 40%.
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
A New Zealand company claimed to see jumps in
<a style="color: #d62829; text-decoration: none;">
productivity and employee happiness
</a>
. (Others have
<a style="color: #d62829; text-decoration: none;">
cast doubt
</a>
on those numbers.)
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
But some companies that tried 4-day weeks, like London’s Wellcome Trust,
<a style="color: #d62829; text-decoration: none;">
abandoned
</a>
them because they were “too operationally complex.”
</li>
</ul>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; margin: 0px; padding-top: 8px;">
<strong>
Here’s one thing to remember
</strong>
</h4>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Workers aren't seeing rewards for getting more done.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
You might assume that more productivity translates to more time off or better pay. We’ve done the first part: Worker productivity
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
went up 5%
</a>
between 1987 and 2015.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
But the pro-4-day crowd points out that the second step never happened -- workers’ pay went up only 2%, and their hours never went down.
</p>
</td>
</tr>
<tr>
<td>
<table cellpadding="0" style="padding: 10px 10px 0px; width: 100%;">
<tbody style="text-align: right;">
<tr>
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</tbody>
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</td>
</tr>
</table>
</td>
</tr>
<tr>
<td style="border-bottom-color: #dddddd; border-bottom-style: solid; border-bottom-width: 1px; padding-top: 15px;">
</td>
</tr>
<tr>
<td style="padding-bottom: 5px;">
</td>
</tr>
<tr>
<td style="color: #da2829; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; padding: 10px 3px 12px; text-transform: uppercase;">
Snippets
</td>
</tr>
<tr id="sponsored">
<td class="h2020 ignore-defaults" style="padding: 0px 3px;">
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; margin: 0px; padding-top: 8px;">
<strong>
5 stories to catch you up quick
</strong>
</h4>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
1️⃣ It ain’t just TikTok getting the attention: Facebook and Snap
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
talked about buying Dubsmash
</a>
, one of TikTok’s rising rivals.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
2️⃣ Uber is threatening to
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
end its ride-hailing business in California
</a>
in protest of a ruling that requires it to classify drivers as employees.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
3️⃣ Cash App is looking a bit more like a bank. Its parent, Square, is testing a feature that gives out loans
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
up to $200
</a>
.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
4️⃣ A new business model for the movies: Instead of welcoming back everyone, Alamo Drafthouse is reopening theaters for
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
private viewings
</a>
.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
5️⃣ The Yankees would really like some teen fans: The team just signed a deal with TikTok
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
to reach a younger audience
</a>
.
</p>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; margin: 0px; padding-top: 8px;">
<strong>
And 5 more to delight you
</strong>
</h4>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
1️⃣ Candy corn lovers, beware: Brach’s just introduced some
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
scary new flavors
</a>
.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
2️⃣ Think of
<em>
Hamilton
</em>
,
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
but in reverse
</a>
: A stalled Broadway play is hitting streaming services before it actually hits, y’know, Broadway.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
3️⃣ Google is adding
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
an earthquake detection system
</a>
to Android phones. Basically, it lets you know when a bunch of people’s phones start shaking at the same time.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
4️⃣ Mr. Peanut, who was reborn as Baby Nut during a Super Bowl commercial this year, has apparently turned 21. And, according to Planters, he’s
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
ready to drink beers now
</a>
.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
5️⃣ Forget political campaigns: The burger chain Whataburger is sending its food truck on a
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
cross-country tour
</a>
next year.
</p>
</td>
</tr>
<tr>
<td style="border-bottom-color: #dddddd; border-bottom-style: solid; border-bottom-width: 1px; padding-top: 5px;">
</td>
</tr>
<tr>
<td style="padding-bottom: 5px;">
</td>
</tr>
<tr style="display: block; padding: 10px 2px 0px;">
<td style="width: 100%;">
<table style="width: 100%;">
<tr>
<td style="padding: 0 0 6px;">
<a style="color: #d62829; text-decoration: none;">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fthdaily.s3-us-west-1.amazonaws.com%252Fcomputer_20200813004623.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0aGRhaWx5LnMzLSJ9:1kXMXh:8BWmYM1HvdutxG-srJf0oYbkln7AN8Uzv8xJCkOwiBA" style="height: auto; width: 100%;"/>
</a>
</td>
</tr>
<tr>
<td style="color: #D62829; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; padding: 10px 0px; text-transform: uppercase;">
Winner, winner
</td>
</tr>
<tr>
<td>
<h2 style="font-size: 22px; font-weight: bold; line-height: 26px; margin: 5px 0px;">
3 highlights from a showcase of the fastest-growing companies
</h2>
</td>
</tr>
<tr>
<td class="h2020 ignore-defaults" style="padding: 5px 0px 0px;">
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
It’s like yearbook day but better. The
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
Inc. 5000
</a>
just landed, spotlighting the fastest-growing private businesses in the US.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
This year’s party is all about the new kids on the block. Here are a few standouts making their debut on the list.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
OneTrust is in the right place at the right time.
</strong>
You know those pop-up banners that tell you a site is collecting your data? They might seem annoying, but they actually do a lot to protect your privacy. You can thank
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
OneTrust
</a>
for that.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
With an eye-popping 3-year growth rate of 48,337%, the software company is
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
No. 1 on this year’s list
</a>
.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
OneTrust launched in 2016, the same year the EU announced its General Data Protection Regulation. It became the go-to for about half of Fortune 500 companies.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
A legacy of excellence.
</strong>
TKT and Associates, a consultancy and staffing firm specializing in diversity, pulled in $135m between 2016 and 2019 while working with big-name clients like Toyota and Deloitte.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
With an 11,106% growth rate,
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
TKT landed
</a>
at No. 20 in the rankings -- a record for a company led by a Black woman.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Founder Tierra Kavanaugh died unexpectedly 4 weeks before Inc. finalized its rankings. Her mother Sheila Kavanaugh, a seasoned HR pro herself, helms the firm in Tierra’s honor.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
We all know Clue is for kids.
</strong>
That’s what makes Hunt A Killer (No. 6) so appealing. Players become gumshoes in a
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
subscription-based
</a>
murder mystery game that doles out clues one month at a time.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
The founders started working out of a basement, but quickly reached a 3-year growth rate of 20,484%.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Can Professor Plum do that?
</p>
</td>
</tr>
<tr>
<td>
<table cellpadding="0" style="padding: 10px 10px 0px; width: 100%;">
<tbody style="text-align: right;">
<tr>
<td align="right" style="display: inline-block; padding: 0px 0px 2px; text-align: right;">
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</a>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</table>
</td>
</tr>
<tr>
<td style="border-bottom-color: #dddddd; border-bottom-style: solid; border-bottom-width: 1px; padding-top: 15px;">
</td>
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<tr>
<td style="padding-bottom: 5px;">
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SPONSORED
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<h2 style="font-size: 20px; font-weight: 800; letter-spacing: 0px; line-height: 24px; margin: 20px 0 0px;">
<strong>
This rare, “all-in” buy alert has only been issued 26 times.
</strong>
</h2>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Legendary investors David and Tom Gardner don’t always agree on what stock to buy. But when they do, you sure as heck better listen.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
It happened with Netflix in 2007 (up 18,000% since).
<br/>
Then again with Tesla in 2012 (up 4,570% since).
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
And now, the masterminds behind Stock Advisor are giving this teeny, tiny internet company the “all-in”
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
stock buy signal
</a>
.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
And that may be a
<em>
huuuge
</em>
deal.
</p>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; margin: 0px; padding-top: 8px;">
<strong>
Here’s what you need to know:
</strong>
</h4>
<ul style="font-size: 16px; line-height: 20px; margin: 0; padding-bottom: 10px; padding-left: 12px;">
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
The company is 1/100th the size of Google.
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
It’s CEO has banked over $916 million on its stock since its IPO.
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
It’s still flying under the radar, making it the
<em>
perfect
</em>
opportunity to get in early.
</li>
</ul>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
And when we say this is potentially a huge opportunity, we mean it. Across the 26 stocks that have ever gotten the “all in” buy signal, the average ROI has been a whopping 931%.*
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
Want to find out what the stock is?
</a>
Now’s your chance -- David and Tom are pulling back the curtain over at Stock Advisor
<em>
right now.
</em>
</p>
</td>
</tr>
<tr>
<td align="center" style="padding: 10px 0px 15px; text-align: center;">
<a style="-webkit-text-fill-color: #ffffff; background: #D62829; border-radius: 15px; color: #ffffff; font-size: 16px; font-weight: bold; padding: 6px 20px; text-decoration: none;">
Sign Up Today →
</a>
</td>
</tr>
<tr id="disclaimer">
<td style="color: #717171 !important; font-size: 10px !important; font-style: italic; line-height: 120%; padding: 0px 3px;">
<br/>
<p style="font-family: arial, sans-serif; font-size: 10px; line-height: 120%; margin: 0; padding-bottom: 12px;">
<em>
<strong>
FINE-ISH PRINT:
</strong>
*Returns as of 8/6/2020
</em>
</p>
</td>
</tr>
<tr>
<td style="border-bottom-color: #dddddd; border-bottom-style: solid; border-bottom-width: 1px; padding-top: 5px;">
</td>
</tr>
<tr>
<td style="padding-bottom: 5px;">
</td>
</tr>
<tr>
<td style="padding: 20px 5px 5px;">
<table style="text-align: center; width: 100%;">
<tbody>
<tr>
<td align="center" style="color: #d62829; font-family: helvetica, sans-serif; font-size: 85px; padding: 0 0 0 5px; text-align: center;" width="100%">
<strong>
175
</strong>
</td>
</tr>
<tr>
<td>
<hr align="center" color="#303030" size="6" width="80%"/>
</td>
</tr>
<tr>
<td align="center" style="color: #303030; font-size: 17px; line-height: 100%; padding: 15px 0px 0px; text-align: center; text-transform: uppercase; word-wrap: break-word;" width="100%;">
<strong>
Days
</strong>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
<tr>
<td style="color: #D62829; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; padding: 25px 3px 10px; text-transform: uppercase;">
THE BIG NUMBER
</td>
</tr>
<tr>
<td class="h2020 ignore-defaults" style="padding: 5px 3px 0px;">
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
That’s how long it took the S&P 500 to roller coaster from an all-time high (on February 19th) to its pandemic low (on March 23rd) and back again.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
At one point yesterday, the index hit 3,387.89 -- briefly topping the February high -- before dipping just under the closing-bell record.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
(
<em>
Source:
</em>
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
<em>
Bloomberg
</em>
</a>
)
</p>
</td>
</tr>
<tr>
<td style="border-bottom-color: #dddddd; border-bottom-style: solid; border-bottom-width: 1px; padding-top: 5px;">
</td>
</tr>
<tr>
<td style="padding-bottom: 5px;">
</td>
</tr>
<tr style="display: block; padding: 10px 2px 0px;">
<td style="width: 100%;">
<table style="width: 100%;">
<tr>
<td style="padding: 0 0 6px;">
<a style="color: #d62829; text-decoration: none;">
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</a>
</td>
</tr>
<tr>
<td style="color: #D62829; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; padding: 10px 0px; text-transform: uppercase;">
Life in the Fast Lane
</td>
</tr>
<tr>
<td>
<h2 style="font-size: 22px; font-weight: bold; line-height: 26px; margin: 5px 0px;">
Can talking roads end car accidents?
</h2>
</td>
</tr>
<tr>
<td class="h2020 ignore-defaults" style="padding: 5px 0px 0px;">
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
I still think about a moment from childhood when my dad’s car skidded across a patch of black ice. For a few seconds, we felt weightless.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Everyone knows that panic -- a sharp bend in the road, a car ahead suddenly braking. Accidents waiting to happen.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
A new technology called vehicle-to-everything, or V2X, could seriously curb them. The feds say
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
it may be able
</a>
to stop (or soften) 80% of wrecks where the driver isn’t impaired.
</p>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; margin: 0px; padding-top: 8px;">
<strong>
The road, it’s aliiiiiive
</strong>
</h4>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
V2X is like a DM between your car and the road, using fancy radios. Ten times per second, your car relays data about your speed or tire traction.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
If something weird happens, the road will know. And it can warn other drivers:
<em>
Ice ahead, fools
</em>
.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
We’re still years out from a full-scale version -- but Utah, Georgia, and Michigan are already paving some roads with V2X sensors. And
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
Volkswagen
</a>
and
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
General Motors
</a>
are wiring their new rides with V2X.
</p>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; margin: 0px; padding-top: 8px;">
<strong>
Some other sweet things V2X can do
</strong>
</h4>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
A ranking, from socially useful to “I can’t wait for the YouTube videos of this”:
</p>
<ul style="font-size: 16px; line-height: 20px; margin: 0; padding-bottom: 10px; padding-left: 12px;">
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
Send warnings when cars ahead slow down.
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<a style="color: #d62829; text-decoration: none;">
Collect tolls
</a>
, to open up traffic-choked roads.
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<a style="color: #d62829; text-decoration: none;">
Guide
</a>
hired rides to the exact alley corner where you’re standing.
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<a style="color: #d62829; text-decoration: none;">
Flip
</a>
traffic lights from yellow/red to green (for emergency vehicles, not your joyride).
</li>
</ul>
</td>
</tr>
<tr>
<td>
<table cellpadding="0" style="padding: 10px 10px 0px; width: 100%;">
<tbody style="text-align: right;">
<tr>
<td align="right" style="display: inline-block; padding: 0px 0px 2px; text-align: right;">
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</a>
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<tr>
<td style="border-bottom-color: #dddddd; border-bottom-style: solid; border-bottom-width: 1px; padding-top: 15px;">
</td>
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<tr>
<td style="padding-bottom: 5px;">
</td>
</tr>
<tr style="display: block; padding: 10px 2px 0px;">
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<table style="width: 100%;">
<tr>
<td style="padding: 0 0 6px;">
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<td style="color: #D62829; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; padding: 10px 0px; text-transform: uppercase;">
Tabbed Out
</td>
</tr>
<tr>
<td>
<h2 style="font-size: 22px; font-weight: bold; line-height: 26px; margin: 3px 0px;">
Mozilla’s layoffs are bad news for a more competitive browser war
</h2>
</td>
</tr>
<tr>
<td class="h2020 ignore-defaults" style="padding: 5px 3px 0px;">
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
The browser race is a 2-horse sprint, with Google Chrome and Apple Safari controlling more than
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
80% of the market
</a>
.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
For many, Mozilla’s Firefox -- with its heavy emphasis on data privacy -- is a middle finger to Big Tech’s dominance. But with ~4% share of the market, the idea of a real competition is only a facade.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
And the facade might be cracking. Mozilla announced this week that it was
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
laying off 250 employees
</a>
, or about a quarter of its staff.
</p>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; margin: 0px; padding-top: 8px;">
<strong>
Your model needs work
</strong>
</h4>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Tech writer
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
Byrne Hobart
</a>
points out: “The most valuable browsers in the world are free products owned by companies that monetize something else.”
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
That’s not how Mozilla works. According to the Mozilla Foundation’s
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
2018 annual report
</a>
, Mozilla made
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
91% of its revenue
</a>
(
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
$451m
</a>
) from directly monetizing its browser.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Mozilla is paid by companies such as Google (in the US) and Baidu (in China) to be the default search engine for the browser.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
In a world where Chrome’s market share is growing, Mozilla’s business looks shaky.
</p>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; margin: 0px; padding-top: 8px;">
<strong>
And it might not have great options
</strong>
</h4>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Mozilla laid off 70 employees at the start of the year due to the
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
“slow rollout of… new revenue-generating products
</a>
.”
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Its other offerings include the web reader
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
Pocket
</a>
, a
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
VPN
</a>
, and a
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
password manager
</a>
.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
<em>
The New York Times
</em>
’ Robin Berjon
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
says the writing is on the wall
</a>
:
</p>
</td>
</tr>
<tr>
<td style="padding: 0px 0px 6px;">
<a style="color: #d62829; text-decoration: none;">
<img src="https://inboxflows.com/_/image/https%253A%252F%252Fthdaily.s3-us-west-1.amazonaws.com%252FRobin_Berjon_Tweet_20200813010446.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0aGRhaWx5LnMzLSJ9:1kXMXh:8BWmYM1HvdutxG-srJf0oYbkln7AN8Uzv8xJCkOwiBA" style="height: auto; width: 100%;" width="600"/>
</a>
</td>
</tr>
<tr>
<td class="h2020 ignore-defaults" style="padding: 5px 3px 0px;">
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
At this rate, the likelihood of a 3rd horse entering this race is miniscule.
</p>
</td>
</tr>
<tr>
<td>
<table cellpadding="0" style="padding: 10px 10px 0px; width: 100%;">
<tbody style="text-align: right;">
<tr>
<td align="right" style="display: inline-block; padding: 0px 0px 2px; text-align: right;">
<a data-tags="share facebook" style="color: #d62829; padding: 0 8px; text-decoration: none; white-space: nowrap;">
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<a data-tags="share twitter" style="color: #d62829; padding: 0 8px; text-decoration: none; white-space: nowrap;">
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<td style="color: #D62829; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; padding: 10px 3px 0px; text-transform: uppercase;">
This Day In Business History
</td>
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<center>
<a style="color: #d62829; text-decoration: none;">
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</a>
</center>
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</tr>
<tr id="bottom ad copy">
<td class="h2020 ignore-defaults" style="padding: 0px 3px;">
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
On August 13, 1923, U.S. Steel
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
switched
</a>
from 12-hour to 8-hour workdays -- becoming one of the first major companies after Ford to do so.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
It took almost 2 decades -- until
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
1940
</a>
-- for Congress to cap the work week at 40 hours.
</p>
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SPONSORED
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<h2 style="font-size: 20px; font-weight: 800; letter-spacing: 0px; line-height: 24px; margin: 20px 0 0px;">
<strong>
Wait, what’s ABX?
</strong>
</h2>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
We all know account-based marketing, or ABM, can be extremely valuable -- but it’s really hard to scale and execute.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
That’s where
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
ABX
</a>
-- account-based experiences -- comes in.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
It’ll help your business get more focused on the stuff that matters:
<strong>
your customers.
</strong>
Check out this ABX
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
cheat sheet
</a>
from the marketing pros at Marketo:
</p>
</td>
</tr>
<tr>
<td align="center" style="padding: 10px 0px 15px; text-align: center;">
<a style="-webkit-text-fill-color: #ffffff; background: #D62829; border-radius: 15px; color: #ffffff; font-size: 16px; font-weight: bold; padding: 6px 20px; text-decoration: none;">
Download here →
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2 Truths and a Lie
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<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; margin: 0px; padding-top: 8px;">
<strong>
One of these storylines isn’t real. Can you spot the fake? Click to find out.
</strong>
</h4>
<ol style="font-size: 16px;">
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<a style="color: #d62829; text-decoration: none;">
A Chicago vending startup introduces streetside hot dog ATMs
</a>
.
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<a style="color: #d62829; text-decoration: none;">
The nation is suffering from a Great Dr. Pepper Shortage.
</a>
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<a style="color: #d62829; text-decoration: none;">
And you thought
<em>
your
</em>
photo was bad: One woman’s driver’s license came back with a pic of an empty chair.
</a>
</li>
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<tr>
<td align="center" style="line-height: 1em; padding-bottom: 8px; padding-top: 7px; text-align: center;" valign="middle" width="100">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fthdaily.s3-us-west-1.amazonaws.com%252Farrow_308355_green_20200622213218.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0aGRhaWx5LnMzLSJ9:1kXMXh:8BWmYM1HvdutxG-srJf0oYbkln7AN8Uzv8xJCkOwiBA" width="14"/>
</td>
<td style="padding-bottom: 10px; padding-top: 10px;" valign="middle" width="150">
<p align="left" style="font-size: 16px; font-weight: bold; line-height: 1em; margin: 0; padding: 0; text-align: left; vertical-align: middle;">
NASDAQ
</p>
</td>
<td style="padding-bottom: 10px; padding-top: 10px;" valign="middle" width="205">
<p align="center" style="font-size: 16px; font-weight: bold; line-height: 1em; margin: 0; padding: 0; text-align: center; vertical-align: middle;">
11,012.24
</p>
</td>
<td style="padding-bottom: 10px; padding-top: 10px;" valign="middle" width="205">
<p align="center" style="color: #347628; font-size: 16px; font-weight: bold; line-height: 1em; margin: 0; padding: 0; text-align: center; vertical-align: middle;">
+ 2.13%
</p>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
<tr>
<td align="center" style="border-top-color: #e6e6e6; border-top-style: solid; border-top-width: 1px; mso-padding-alt: 0 20px 0 20px; padding-bottom: 0; text-align: center;">
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse;" width="100%">
<tbody>
<tr>
<td align="center" style="line-height: 1em; padding-bottom: 8px; padding-top: 7px; text-align: center;" valign="middle" width="100">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fthdaily.s3-us-west-1.amazonaws.com%252Farrow_308355_green_20200622213218.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0aGRhaWx5LnMzLSJ9:1kXMXh:8BWmYM1HvdutxG-srJf0oYbkln7AN8Uzv8xJCkOwiBA" width="14"/>
</td>
<td style="padding-bottom: 10px; padding-top: 10px;" valign="middle" width="150">
<p align="left" style="font-size: 16px; font-weight: bold; line-height: 1em; margin: 0; padding: 0; text-align: left; vertical-align: middle;">
S&P
</p>
</td>
<td style="padding-bottom: 10px; padding-top: 10px;" valign="middle" width="205">
<p align="center" style="font-size: 16px; font-weight: bold; line-height: 1em; margin: 0; padding: 0; text-align: center; vertical-align: middle;">
3,380.35
</p>
</td>
<td style="padding-bottom: 10px; padding-top: 10px;" valign="middle" width="205">
<p align="center" style="color: #347628; font-size: 16px; font-weight: bold; line-height: 1em; margin: 0; padding: 0; text-align: center; vertical-align: middle;">
+ 1.40%
</p>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
<tr>
<td align="center" style="border-top-color: #e6e6e6; border-top-style: solid; border-top-width: 1px; mso-padding-alt: 0 20px 0 20px; padding-bottom: 0; text-align: center;">
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse;" width="100%">
<tbody>
<tr>
<td align="center" style="line-height: 1em; padding-bottom: 8px; padding-top: 7px; text-align: center;" valign="middle" width="100">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fthdaily.s3-us-west-1.amazonaws.com%252Farrow_308355_green_20200622213218.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0aGRhaWx5LnMzLSJ9:1kXMXh:8BWmYM1HvdutxG-srJf0oYbkln7AN8Uzv8xJCkOwiBA" width="14"/>
</td>
<td style="padding-bottom: 10px; padding-top: 10px;" valign="middle" width="150">
<p align="left" style="font-size: 16px; font-weight: bold; line-height: 1em; margin: 0; padding: 0; text-align: left; vertical-align: middle;">
DJIA
</p>
</td>
<td style="padding-bottom: 10px; padding-top: 10px;" valign="middle" width="205">
<p align="center" style="font-size: 16px; font-weight: bold; line-height: 1em; margin: 0; padding: 0; text-align: center; vertical-align: middle;">
27,976.84
</p>
</td>
<td style="padding-bottom: 10px; padding-top: 10px;" valign="middle" width="205">
<p align="center" style="color: #347628; font-size: 16px; font-weight: bold; line-height: 1em; margin: 0; padding: 0; text-align: center; vertical-align: middle;">
+ 1.05%
</p>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
<tr>
<td align="center" style="border-top-color: #e6e6e6; border-top-style: solid; border-top-width: 1px; mso-padding-alt: 0 20px 0 20px; padding-bottom: 0; text-align: center;">
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse;" width="100%">
<tbody>
<tr>
<td align="center" style="line-height: 1em; padding-bottom: 8px; padding-top: 7px; text-align: center;" valign="middle" width="100">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fthdaily.s3-us-west-1.amazonaws.com%252FDown_arrowtrendzred_20200623205703.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0aGRhaWx5LnMzLSJ9:1kXMXh:8BWmYM1HvdutxG-srJf0oYbkln7AN8Uzv8xJCkOwiBA" width="14"/>
</td>
<td style="padding-bottom: 10px; padding-top: 10px;" valign="middle" width="150">
<p align="left" style="font-size: 16px; font-weight: bold; line-height: 1em; margin: 0; padding: 0; text-align: left; vertical-align: middle;">
GOLD
</p>
</td>
<td style="padding-bottom: 10px; padding-top: 10px;" valign="middle" width="205">
<p align="center" style="font-size: 16px; font-weight: bold; line-height: 1em; margin: 0; padding: 0; text-align: center; vertical-align: middle;">
1,947.00
</p>
</td>
<td style="padding-bottom: 10px; padding-top: 10px;" valign="middle" width="205">
<p align="center" style="color: #da2829; font-size: 16px; font-weight: bold; line-height: 1em; margin: 0; padding: 0; text-align: center; vertical-align: middle;">
- 0.10%
</p>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
<tr>
<td align="center" style="border-top-color: #e6e6e6; border-top-style: solid; border-top-width: 1px; mso-padding-alt: 0 20px 0 20px; padding-bottom: 0; text-align: center;">
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse;" width="100%">
<tbody>
<tr>
<td align="center" style="line-height: 1em; padding-bottom: 8px; padding-top: 7px; text-align: center;" valign="middle" width="100">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fthdaily.s3-us-west-1.amazonaws.com%252Farrow_308355_green_20200622213218.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0aGRhaWx5LnMzLSJ9:1kXMXh:8BWmYM1HvdutxG-srJf0oYbkln7AN8Uzv8xJCkOwiBA" width="14"/>
</td>
<td style="padding-bottom: 10px; padding-top: 10px;" valign="middle" width="150">
<p align="left" style="font-size: 16px; font-weight: bold; line-height: 1em; margin: 0; padding: 0; text-align: left; vertical-align: middle;">
10-YR
</p>
</td>
<td style="padding-bottom: 10px; padding-top: 10px;" valign="middle" width="205">
<p align="center" style="font-size: 16px; font-weight: bold; line-height: 1em; margin: 0; padding: 0; text-align: center; vertical-align: middle;">
0.67
</p>
</td>
<td style="padding-bottom: 10px; padding-top: 10px;" valign="middle" width="205">
<p align="center" style="color: #347628; font-size: 16px; font-weight: bold; line-height: 1em; margin: 0; padding: 0; text-align: center; vertical-align: middle;">
+ 0.01
</p>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
<tr>
<td align="center" style="border-bottom-color: #e6e6e6; border-bottom-style: solid; border-bottom-width: 1px; border-top-color: #e6e6e6; border-top-style: solid; border-top-width: 1px; mso-padding-alt: 0 20px 0 20px; padding-bottom: 0; text-align: center;">
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse;" width="100%">
<tbody>
<tr>
<td align="center" style="line-height: 1em; padding-bottom: 8px; padding-top: 7px; text-align: center;" valign="middle" width="100">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fthdaily.s3-us-west-1.amazonaws.com%252FDown_arrowtrendzred_20200623205703.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0aGRhaWx5LnMzLSJ9:1kXMXh:8BWmYM1HvdutxG-srJf0oYbkln7AN8Uzv8xJCkOwiBA" width="14"/>
</td>
<td style="padding-bottom: 10px; padding-top: 10px;" valign="middle" width="150">
<p align="left" style="font-size: 16px; font-weight: bold; line-height: 1em; margin: 0; padding: 0; text-align: left; vertical-align: middle;">
OIL
</p>
</td>
<td style="padding-bottom: 10px; padding-top: 10px;" valign="middle" width="205">
<p align="center" style="font-size: 16px; font-weight: bold; line-height: 1em; margin: 0; padding: 0; text-align: center; vertical-align: middle;">
42.62
</p>
</td>
<td style="padding-bottom: 10px; padding-top: 10px;" valign="middle" width="205">
<p align="center" style="color: #da2829; font-size: 16px; font-weight: bold; line-height: 1em; margin: 0; padding: 0; text-align: center; vertical-align: middle;">
- 0.12%
</p>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
<tr>
<td style="padding: 3px 5px 15px 15px;">
<p align="left" style="font-size: 13px; line-height: 22px; margin: 0; padding: 0; text-align: left;">
*As of market close
</p>
</td>
</tr>
<tr>
<td style="mso-padding-alt: 0px 15px 15px 5px; padding: 0px 5px 0px 10px;">
<p style="font-size: 16px; line-height: 20px; margin: 0px; padding-bottom: 12px;">
<strong>
Trending 📈:
</strong>
Why let the S&P 500 get all the ink? The Dow and the Nasdaq
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
ended Wednesday up
</a>
, too -- with Apple leading the Big Tech charge, up 3.3%.
</p>
<p style="font-size: 16px; line-height: 20px; margin: 0px; padding-bottom: 12px;">
<strong>
More buzz:
</strong>
</p>
<ul style="font-size: 16px; line-height: 20px; margin: 0; padding-bottom: 10px; padding-left: 12px;">
<li style="font-size: 16px; line-height: 20px; padding: 4px 0;">
These days, “not as awful as everyone thought” counts as a win.
<a style="color: #d62829; text-decoration: none;">
That’s how it went for Lyft in Q2
</a>
-- a 61% decline in revenue from last year actually
<em>
beat
</em>
expectations.
</li>
<li style="font-size: 16px; line-height: 20px; padding: 4px 0;">
IPO? If you say so. Airbnb’s revenue
<a style="color: #d62829; text-decoration: none;">
tanked in Q2
</a>
thanks to the pandemic, but plans to go public are still on.
</li>
</ul>
</td>
</tr>
</tbody>
</table>
</th>
</tr>
</tbody>
</table>
<tr>
<td style="border-bottom-color: #dddddd; border-bottom-style: solid; border-bottom-width: 1px; padding-top: 15px;">
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SHARE THE HUSTLE
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Refer coworkers, get exclusive Hustle gear
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Step 1: Peek our sweet, sweet rewards
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Step 2: Copy your referral link below
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Step 3: Share your link across social media and beyond
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Step 4: Collect rewards, rinse & repeat
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Share The Hustle →
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Copy & paste your referral link to others:
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Today's email was brought to you by Michael Waters, Caroline Dohack, Trung Phan, and Bobby Durben.
<br/>
Editing by: Nick "Friday Feeling" DeSantis, Bermuda Schwartz (Summer Wardrobe Coordinator).
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251 KEARNY ST. STE 300, SAN FRANCISCO, CA 94108, UNITED STATES • 415.506.7210
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4 years, 11 months ago - news@thehustle.co
A bad sign for a better browser war
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