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<img alt="The Daily Wire" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Fthe_daily_wire.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1oSzSb:bS6ktlt47pCuIskTj_TdlYg3EwgpLTmEhPSRgwbs5oo" style="height: auto; width: 100%; max-width: 600px;" width="600"/>
</a>
</td>
</tr>
<tr>
<td>
<h2 style="font-family: 'Oswald', 'Roboto', helvetica, sans-serif; font-size: 22px; line-height: 26px; font-weight: bold; margin: 10px 0px 5px;">
The Daily Wire’s media rocketship
</h2>
</td>
</tr>
<tr>
<td class="h2020 ignore-defaults" style="padding: 5px 0px 0px;">
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
Conservative media company The Daily Wire, founded by Ben Shapiro and Jeremy Boreing, has built a huge audience around its cast of right-wing influencers.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
It’s now expanding on all fronts, and likely has one of digital media’s highest valuations, according to
<a style="color: #192733; text-decoration: underline !important;">
reporting
</a>
from
<em>
Puck
</em>
.
</p>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
<strong>
For some context…
</strong>
</h4>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
… The Daily Wire launched in 2015 with
<strong>
$4.7m
</strong>
in seed funding. In 2020, it moved from LA to Nashville with 75 employees. Today, it boasts
<strong>
230
</strong>
employees and
<strong>
$180m
</strong>
in revenue.
</p>
<ul style="font-size: 16px; line-height: 20px; padding-bottom: 10px; padding-left: 12px; margin: 0;">
<li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
Consider this:
<em>
Axios
</em>
recently sold for $525m on ~$100m in revenue, and
<em>
The Athletic
</em>
sold to The New York Times Company for $550m (~10x revenue).
</li>
</ul>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
With a booming business, the brand could notch a
<strong>
$1B+
</strong>
valuation, and six SPACs have already inquired about a Daily Wire IPO.
</p>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
<strong>
The Daily Wire operates like a mini Disney…
</strong>
</h4>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
… with a business model built around advertising, subscriptions, and consumer products (no theme park, yet).
</p>
<ul style="font-size: 16px; line-height: 20px; padding-bottom: 10px; padding-left: 12px; margin: 0;">
<li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px 0px 10px;">
The company hired former Paramount and Disney talent to build out its streaming service, which already has ~
<strong>
940k
</strong>
subscribers paying $8-$14 a month.
</li>
<li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
They also hired Tara Murphy, a former P&G and Keurig exec, to run their product lines.
</li>
</ul>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
<strong>
What kind of products, you ask?
</strong>
</h4>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
Ones like Jeremy’s Razors, launched
<a style="color: #192733; text-decoration: underline !important;">
out of spite
</a>
after popular subscription grooming company Harry’s stopped advertising on The Daily Wire’s platform.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
Five months since launch, Jeremy’s Razors has made $8m on ~100k subscribers.
</p>
</td>
</tr>
<tr>
<td>
<table cellpadding="0" style="width: 100%; padding: 10px 10px 0px;">
<tbody style="text-align: right;">
<tr>
<td align="right" style="display: inline-block; text-align: right; padding: 0px 0px 2px;">
<a data-tags="share facebook" style="text-decoration: underline !important; white-space: nowrap; color: #192733; padding: 0 8px;">
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</a>
</td>
<td align="right" style="display: inline-block; text-align: right; padding: 0px 0px 2px;">
<a data-tags="share site" style="text-decoration: underline !important; white-space: nowrap; color: #192733; padding: 0 8px;">
<img alt="View on our website" height="26" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252FLink%2520Small.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1oSzSb:bS6ktlt47pCuIskTj_TdlYg3EwgpLTmEhPSRgwbs5oo" width="26"/>
</a>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</table>
</td>
</tr>
<tr>
<td style="border-bottom-color: #eaf0f6; border-bottom-style: solid; border-bottom-width: 1px; padding-top: 15px;">
</td>
</tr>
<tr>
<td style="padding-bottom: 5px;">
</td>
</tr>
<tr>
<td style="width: 100%;">
<table style="width: 100%;">
<tr>
<td style="color: #bF2434; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; text-transform: uppercase; padding: 10px 3px 0px;">
SNIPPETS
</td>
</tr>
<tr>
<td class="h2020 ignore-defaults dynamic-snippets" style="font-size: 15px; line-height: 160%; margin: 0; padding: 15px 0px 3px 3px;">
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
Never mind:
</strong>
NASA
<a style="color: #192733; text-decoration: underline !important;">
canceled
</a>
its Artemis I rocket launch due to engine issues. The next possible launch date is this Friday.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
The Biden admin
</strong>
signed an
<a style="color: #192733; text-decoration: underline !important;">
$11m
</a>
deal to help a Michigan-based manufacturer complete 2.5m monkeypox vaccines.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
Honda and LG Energy Solutions
</strong>
are partnering on a
<a style="color: #192733; text-decoration: underline !important;">
$4.4B
</a>
lithium-ion battery plant in the US to supply Honda and Acura EVs.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
Panera Bread
</strong>
will
<a style="color: #192733; text-decoration: underline !important;">
test
</a>
Tori, an AI bot, for accuracy and speed at two New York drive-thrus. Of Panera’s 2k+ locations, ~45% have drive-thrus.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
Waymo
</strong>
’s driverless taxi service is now available in downtown
<a style="color: #192733; text-decoration: underline !important;">
Phoenix
</a>
, but you have to be a “trusted tester” and sign an NDA.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
New suit:
</strong>
The Federal Trade Commission (FTC)
<a style="color: #192733; text-decoration: underline !important;">
sued
</a>
Kochava, a data provider, for selling location data on abortion clinics.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
Meta and India’s Jio Platforms
</strong>
are bringing
<a style="color: #192733; text-decoration: underline !important;">
grocery shopping
</a>
to WhatsApp. Customers in India will be able to shop and pay entirely in the app.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
Covid tests:
</strong>
The federal government will
<a style="color: #192733; text-decoration: underline !important;">
stop
</a>
mailing free covid test kits on Sept. 2 due to insufficient funding.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
Metaverse music:
</strong>
Eminem and Snoop Dogg
<a style="color: #192733; text-decoration: underline !important;">
transformed
</a>
into their Bored Ape Yacht Club NFTs in a performance at the MTV VMAs.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
Cox Communications,
</strong>
which serves ~7m homes and businesses with cable and internet,
<a style="color: #192733; text-decoration: underline !important;">
piloted
</a>
a wireless phone service starting at $15/mo.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
Peer-to-peer:
</strong>
Sometimes, the best teachers are your colleagues and friends. See how you can
<a style="color: #192733; text-decoration: underline !important;">
add peer coaching programs
</a>
to your business on
<em>
The Hustle
</em>
blog.
</p>
</td>
</tr>
<tr>
<td style="border-bottom-color: #eaf0f6; border-bottom-style: solid; border-bottom-width: 1px; padding-top: 15px;">
</td>
</tr>
</table>
</td>
</tr>
<tr style="display: block; padding: 10px 2px 0px;">
<td style="width: 100%;">
<table style="width: 100%;">
<tr>
<td style="color: #bF2434; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; text-transform: uppercase; padding: 0px 0px 10px;">
Chart
</td>
</tr>
<tr>
<td style="padding: 0 0 1px;">
<a style="color: #192733; text-decoration: underline !important;">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Fbusiness_cards_vis.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1oSzSb:bS6ktlt47pCuIskTj_TdlYg3EwgpLTmEhPSRgwbs5oo" style="height: auto; width: 100%; max-width: 600px;" width="600"/>
</a>
</td>
</tr>
<tr>
<td>
<p style="font-family: 'Roboto', helvetica, sans-serif; color: #192733; font-size: 12px; font-style: italic; padding-bottom: 10px; line-height: 20px; margin: 0px;">
Singdhi Sokpo
</p>
</td>
</tr>
<tr>
<td>
<h2 style="font-family: 'Oswald', 'Roboto', helvetica, sans-serif; font-size: 22px; line-height: 26px; font-weight: bold; margin: 10px 0px 5px;">
Goodbye, paper business cards?
</h2>
</td>
</tr>
<tr>
<td class="h2020 ignore-defaults" style="padding: 5px 0px 0px;">
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
Business cards — once the ubiquitous way to swap details — may be fading in favor of paperless replacements.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
These include plastic cards and other objects printed with QR codes or embedded with near-field communication (NFC) chips that transfer info directly to mobile devices.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
<em>
The Wall Street Journal
</em>
<a style="color: #192733; text-decoration: underline !important;">
even
</a>
talked to a guy who had a chip implanted between his thumb and index finger.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
People like digital business cards because they’re:
</p>
<ul style="font-size: 16px; line-height: 20px; padding-bottom: 10px; padding-left: 12px; margin: 0;">
<li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px 0px 10px;">
Contact-free
</li>
<li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px 0px 10px;">
Eco-friendly —
<a style="color: #192733; text-decoration: underline !important;">
88%
</a>
of paper cards get tossed within a week
</li>
<li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px 0px 10px;">
Easy to update
</li>
<li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
Set up to automatically digitize info
</li>
</ul>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
But many experts
<a style="color: #192733; text-decoration: underline !important;">
also recommend
</a>
carrying supplemental paper cards, just in case you run into tech issues, don’t have a smartphone, or plan on doing business in
<a style="color: #192733; text-decoration: underline !important;">
Japan
</a>
.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
BTW:
</strong>
If you like physical cards but still want to be green,
<a style="color: #192733; text-decoration: underline !important;">
these
</a>
biodegradable paper
<a style="color: #192733; text-decoration: underline !important;">
</a>
cards are embedded with seeds that grow when planted.
</p>
</td>
</tr>
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<td>
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<tr>
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<table style="width: 100%;">
<tr>
<td style="color: #bF2434; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; text-transform: uppercase; padding: 10px 3px 0px;">
TRENDS
</td>
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<center>
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<td>
<h2 style="font-family: 'Oswald', 'Roboto', helvetica, sans-serif; font-size: 22px; line-height: 26px; font-weight: bold; margin: 10px 0px 5px;">
Online auctions have exploded since covid
</h2>
</td>
</tr>
<tr id="bottom ad copy">
<td class="h2020 ignore-defaults" style="padding: 0px 3px;">
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
In eBay’s shadow, some niche-driven bidding sites are steamrolling live-auction incumbents.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
Last year, Bring a Trailer scooped up $829m facilitating vintage and interesting car sales — dusting Mecum Auctions for the first time since 2007 (by $250m).
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
A ton of sub-industries are going digital. We highlight winners, risers, and more in the
<a style="color: #192733; text-decoration: underline !important;">
niche auction report
</a>
.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
Deep research from Trends:
</strong>
</p>
<ul style="font-size: 16px; line-height: 20px; padding-bottom: 10px; padding-left: 12px; margin: 0;">
<li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
Why the curated auction industry is climbing
</li>
<li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
How to identify attractive collector categories
</li>
<li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
How a horse-auction app gained
<a style="color: #192733; text-decoration: underline !important;">
15k followers in year one
</a>
(with no marketing budget)
</li>
</ul>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
Just a slice of what we send in our
<em>
other
</em>
newsletter.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
Find thousands of startup ideas and 15k+ builders inside Trends.
</p>
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<td style="width: 100%;">
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<tr>
<td style="color: #bF2434; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; text-transform: uppercase; padding: 0px 0px 10px;">
Back-to-School Classic
</td>
</tr>
<tr>
<td style="padding: 0 0 1px;">
<a style="color: #192733; text-decoration: underline !important;">
<img alt="E. Bryant Crutchfield" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Fcrutchfield_headshot.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1oSzSb:bS6ktlt47pCuIskTj_TdlYg3EwgpLTmEhPSRgwbs5oo" style="height: auto; width: 100%; max-width: 600px;" width="600"/>
</a>
</td>
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<tr>
<td>
<h2 style="font-family: 'Oswald', 'Roboto', helvetica, sans-serif; font-size: 22px; line-height: 26px; font-weight: bold; margin: 10px 0px 5px;">
RIP to a school supplies legend
</h2>
</td>
</tr>
<tr>
<td class="h2020 ignore-defaults" style="padding: 5px 0px 0px;">
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
The ‘80s and ‘90s gave rise to some iconic school supplies.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
Lisa Frank folders, Mr. Sketch scented markers, and Trolls pencil toppers created endless possibilities to stand out from your classmates.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
But the Trapper Keeper, which turned a typical three-ring binder into a personal statement, was the most iconic of them all.
</p>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
<strong>
The Trapper Keeper…
</strong>
</h4>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
… was
<a style="color: #192733; text-decoration: underline !important;">
introduced
</a>
by Mead in 1981. By the end of the decade, the company claimed half of all middle and high school students had one, per
<em>
The New York Times
</em>
.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
The name came from its features:
</p>
<ul style="font-size: 16px; line-height: 20px; padding-bottom: 10px; padding-left: 12px; margin: 0;">
<li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px 0px 10px;">
Its vertical folders
<strong>
“trapped”
</strong>
papers
</li>
<li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
While plastic rings acted as the
<strong>
“keeper”
</strong>
holding everything together
</li>
</ul>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
Endless design options, including “Miami Vice”-style beach scenes, red Lamborghinis, and neon lasers, had kids fighting over styles in stores.
</p>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
<strong>
E. Bryant Crutchfield…
</strong>
</h4>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
… who invented the Trapper Keeper, passed away last week at 85.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
Crutchfield said when he started working, school products were “drab and boring.” The Trapper Keeper changed that forever — or at least until computers rendered most school stationery obsolete.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
If you’re feeling extra nostalgic, Mead recently
<a style="color: #192733; text-decoration: underline !important;">
relaunched
</a>
the Trapper Keeper just in time for back-to-school shopping.
</p>
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AROUND THE WEB
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<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
☎️
<strong>
On this day:
</strong>
In 1963, the hotline known as the “red telephone”
<a style="color: #192733; text-decoration: underline !important;">
established
</a>
communication between the US and the Kremlin in Moscow. However, it was
<a style="color: #192733; text-decoration: underline !important;">
<em>
not
</em>
a telephone
</a>
.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
🚶♀️
<strong>
That’s interesting:
</strong>
Hong Kong is
<a style="color: #192733; text-decoration: underline !important;">
testing
</a>
new pedestrian signals that bathe the ground in red or green light. Why? So people don’t have to look up from their phones.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
😞
<strong>
How to:
</strong>
There are three types of burnout: neglect, under-challenged, overloaded.
<a style="color: #192733; text-decoration: underline !important;">
Here’s how
</a>
to get past each.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
🚆
<strong>
Art:
</strong>
Thomas the Tank Engine with…
<a style="color: #192733; text-decoration: underline !important;">
zombies
</a>
?
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
👑
<strong>
Aww:
</strong>
And now,
<a style="color: #192733; text-decoration: underline !important;">
His Majesty
</a>
.
</p>
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<td style="color: #bF2434; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; text-transform: uppercase; padding: 5px 2px 15px;">
Meme
</td>
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Smelled but not forgotten. (Source:
<a style="color: #192733; text-decoration: underline !important;" target="_blank">
imgflip.com
</a>
)
</p>
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SHARE THE HUSTLE
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Hey. Stop keeping us a secret.
</p>
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<strong>
Refer just 3 people
</strong>
and we’ll start to send some goodies as a thank you.
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Or copy this custom referral link:
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Today's email was brought to you by
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Jacob Cohen
</a>
,
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Juliet Bennett Rylah
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, and
<a style="color: #192733; text-decoration: underline !important;" target="_blank">
Rob Litterst
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.
<br/>
Editing by: Jennifer “Yellow Lambo Trapper Keeper” Wang.
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2 years, 11 months ago - news@thehustle.co
📓 RIP: A school supplies legend
Plus: The Trapper Keeper’s legacy, three types of burnout, a canine king, a good meme, and more. ...