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<span class="preheader" style="color: transparent; display: none; height: 0; max-height: 0; max-width: 0; opacity: 0; overflow: hidden; mso-hide: all; visibility: hidden; width: 0;">
Plus: RIP to the glasses king, a crazy F1 chart, clumsy pandas, and more.
</span>
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<table style="width: 100%;">
<tr>
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<table style="width: 100%; border-spacing: 0px;">
<tr>
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<p style="padding-bottom: 10px; font-size: 15px; line-height: 140%; margin: 5px 0px 0px;">
In yesterday’s podcast, we spoke about Amazon generating lower than usual hype around Prime Day. Now, it seems, we may know why. Later in the day, it was reported that Amazon is planning a second one in the fall.
</p>
<p style="padding-bottom: 10px; font-size: 15px; line-height: 140%; margin: 5px 0px 0px;">
<strong>
In today’s email:
</strong>
</p>
<ul style="font-size: 16px; line-height: 20px; padding-bottom: 10px; padding-left: 12px; margin: 0;">
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
What the heck
</strong>
are geofence warrants?
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
Chart:
</strong>
F1’s crazy growth
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
RIP
</strong>
to the king of sunglasses
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
Around the web:
</strong>
A stock market-themed bar, leading through bad news, and more cool internet finds.
</li>
</ul>
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🎧 On the go?
<a style="color: #192733; text-decoration: underline !important;">
Listen to today’s quick podcast
</a>
to hear Jacob and Rob discuss glasses icon Leonardo Del Vecchio, Formula One’s TikTok prowess, inflation hitting Fourth of July BBQs, and Tesla’s missing office desks.
</p>
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</td>
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<td style="color: #bF2434; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; text-transform: uppercase; padding: 0px 0px 10px;">
The big idea
</td>
</tr>
<tr>
<td style="padding: 0 0 1px;">
<a style="color: #192733; text-decoration: underline !important;">
<img alt="Geofence gif" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Fgeofence.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1o69QJ:fYldrnIeO0anKuvMDdHWHWedDO2cXeyW_QyEePEjXLQ" style="height: auto; width: 100%; max-width: 600px;" width="600"/>
</a>
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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;">
What you should know about geofencing
</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;">
In January, New York lawmakers proposed
<a style="color: #192733; text-decoration: underline !important;">
banning
</a>
law enforcement from using geofencing and keyword warrants.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Though the bill hasn’t seen much movement yet, the overturning of Roe v. Wade has returned the issue to the spotlight.
</p>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
<strong>
First, what the heck are these warrants?
</strong>
</h4>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Geofence and keyword warrants are used to get tech companies like Google to hand over users’ data. Like traditional warrants, they require a judge’s approval.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
Geofence warrants
</strong>
use location data to identify people who were near a crime scene at a specific time,
<a style="color: #192733; text-decoration: underline !important;">
per
</a>
<em>
Slate
</em>
.
</p>
<ul style="font-size: 16px; line-height: 20px; padding-bottom: 10px; padding-left: 12px; margin: 0;">
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px 0px 10px;">
Google
<a style="color: #192733; text-decoration: underline !important;">
says
</a>
geofence warrant requests increased 1.5k% between 2017 and 2018, and now make up over 25% of all US warrants it receives.
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
Geofencing has been used to
<a style="color: #192733; text-decoration: underline !important;">
find people
</a>
who attended the Jan. 6 insurrection, and in a
<a style="color: #192733; text-decoration: underline !important;">
bank robbery
</a>
case in Virginia.
</li>
</ul>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
Keyword warrants
</strong>
look at online searches made within specific locations or time frames.
</p>
<ul style="font-size: 16px; line-height: 20px; padding-bottom: 10px; padding-left: 12px; margin: 0;">
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
A 2017 keyword warrant
<a style="color: #192733; text-decoration: underline !important;">
asked
</a>
Google for anyone who searched a fraud victim’s name in the city where the crime occurred.
</li>
</ul>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
<strong>
Though perhaps useful for law enforcement…
</strong>
</h4>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
… they’re controversial. New York’s proposed ban is supported by the
<a style="color: #192733; text-decoration: underline !important;">
ACLU
</a>
and several tech companies, including Google. Also:
</p>
<ul style="font-size: 16px; line-height: 20px; padding-bottom: 10px; padding-left: 12px; margin: 0;">
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px 0px 10px;">
Some judges have
<a style="color: #192733; text-decoration: underline !important;">
ruled
</a>
that the warrants violate the Fourth Amendment, which protects Americans from unreasonable searches and seizures.
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
Innocent people have become suspects, including an Arizona man
<a style="color: #192733; text-decoration: underline !important;">
wrongfully arrested
</a>
for murder, and a Florida man who
<a style="color: #192733; text-decoration: underline !important;">
became
</a>
a burglary suspect after he biked past a crime scene.
</li>
</ul>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
<strong>
Privacy advocates are also concerned…
</strong>
</h4>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
… that warrants could be used to find people seeking abortions in states where it has or will become illegal.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
In May,
<a style="color: #192733; text-decoration: underline !important;">
a report
</a>
from the Surveillance Technology Oversight Project (STOP) detailed how tech might be used to enforce new laws if Roe v. Wade were overturned.
</p>
<ul style="font-size: 16px; line-height: 20px; padding-bottom: 10px; padding-left: 12px; margin: 0;">
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
Albert Fox Cahn, STOP’s executive director,
<a style="color: #192733; text-decoration: underline !important;">
told
</a>
<em>
Wired
</em>
, “The truth is that when you develop those techniques, you are at the whim of those in power and whatever they next decide to call a crime.”
</li>
</ul>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
Related:
</strong>
Earlier this month, lawmakers introduced a bill to prevent data brokers from sharing location and health data. Read our coverage
<a style="color: #192733; text-decoration: underline !important;">
here
</a>
.
</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;">
<img alt="Share on Facebook" height="22" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Ffacebook_blue_no_circle.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1o69QJ:fYldrnIeO0anKuvMDdHWHWedDO2cXeyW_QyEePEjXLQ" width="22"/>
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<a data-tags="share twitter" style="text-decoration: underline !important; white-space: nowrap; color: #192733; padding: 0 8px;">
<img alt="Share on Twitter" height="26" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Ftwitter%2520blue.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1o69QJ:fYldrnIeO0anKuvMDdHWHWedDO2cXeyW_QyEePEjXLQ" width="26"/>
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<a data-tags="share email" style="text-decoration: underline !important; white-space: nowrap; color: #192733; padding: 0 8px;">
<img alt="Send as email to a friend" height="26" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Femail%2520blue.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1o69QJ:fYldrnIeO0anKuvMDdHWHWedDO2cXeyW_QyEePEjXLQ" width="26"/>
</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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1o69QJ:fYldrnIeO0anKuvMDdHWHWedDO2cXeyW_QyEePEjXLQ" 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: 15px; line-height: 160%; margin: 5px 0px 10px;">
<strong>
Fintech friends:
</strong>
Robinhood shares
<a style="color: #192733; text-decoration: underline !important;">
popped
</a>
14% on news that FTX, the crypto trading platform, is considering acquiring the company. FTX CEO Sam Bankman-Fried purchased a 7.6% stake in Robinhood last month worth $648m.
</p>
<p style="font-size: 15px; line-height: 160%; margin: 5px 0px 10px;">
<strong>
Declining deal flow:
</strong>
VC deal activity
<a style="color: #192733; text-decoration: underline !important;">
dropped 23%
</a>
between Q1 and Q2 2022, signaling a serious slowdown. For reference,
<strong>
</strong>
deal activity only fell 1.4% between Q4 2021 and Q1 2022.
</p>
<p style="font-size: 15px; line-height: 160%; margin: 5px 0px 10px;">
<strong>
Insult to injury:
</strong>
Verizon and AT&T have been
<a style="color: #192733; text-decoration: underline !important;">
raising prices
</a>
on old plans in an effort to push subscribers to new unlimited data plans. T-Mobile has not increased prices, and has been quick to point out the bad timing of its rivals’ raises.
</p>
<p style="font-size: 15px; line-height: 160%; margin: 5px 0px 10px;">
<strong>
Good news:
</strong>
Orders for long-lasting goods
<a style="color: #192733; text-decoration: underline !important;">
increased 0.7% in May
</a>
, thanks in part to demand for cars and computers. The rise, coupled with an increase in pending home sales, suggests that demand is holding up despite economic upheaval.
</p>
<p style="font-size: 15px; line-height: 160%; margin: 5px 0px 10px;">
<strong>
Creative financing:
</strong>
With big VC firms slowing down amid a turbulent tech market, startups should look at alternative options like revenue-based financing and micro VCs. Learn how to grow your business using
<a style="color: #192733; text-decoration: underline !important;">
different funding methods
</a>
on the
<em>
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="broadcast rights for F1" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252FF1.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1o69QJ:fYldrnIeO0anKuvMDdHWHWedDO2cXeyW_QyEePEjXLQ" 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;">
F1’s insane growth highlighted in new deal
</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;">
NASCAR’s cultured European cousin, as we
<a style="color: #192733; text-decoration: underline !important;">
once
</a>
called it, is on a roll.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Formula One (F1) reportedly
<a style="color: #192733; text-decoration: underline !important;">
agreed
</a>
to a three-year deal with Disney and ESPN for US broadcast rights at a value of $75m-$90m per year, or 15x-18x more than the deal currently in place.
</p>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
<strong>
Why so hot?
</strong>
</h4>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
The sport’s American fanbase has grown
<a style="color: #192733; text-decoration: underline !important;">
33%
</a>
since 2020, and more than half the fans credit Netflix’s “Drive to Survive” docuseries with playing a major role in their fanhood. (
<em>
Fanship?
</em>
)
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
In 2021, race viewership on ESPN surged 56%, and hoards of people attended races in Miami and Austin.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
On TikTok,
</strong>
the hashtag #formula1 has ~17B views. That’s:
</p>
<ul style="font-size: 16px; line-height: 20px; padding-bottom: 10px; padding-left: 12px; margin: 0;">
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px 0px 10px;">
Around 1/5 as many as #NBA (~87B)
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px 0px 10px;">
Almost 1/2 as many as #NFL (~43B)
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
Around 2/3 as many as #MLB (~29B)
</li>
</ul>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
That’s extraordinarily impressive for a sport that has a broadcast package currently valued at just ~$5m annually.
</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;">
<img alt="Share on Facebook" height="22" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Ffacebook_blue_no_circle.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1o69QJ:fYldrnIeO0anKuvMDdHWHWedDO2cXeyW_QyEePEjXLQ" width="22"/>
</a>
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<a data-tags="share twitter" style="text-decoration: underline !important; white-space: nowrap; color: #192733; padding: 0 8px;">
<img alt="Share on Twitter" height="26" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Ftwitter%2520blue.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1o69QJ:fYldrnIeO0anKuvMDdHWHWedDO2cXeyW_QyEePEjXLQ" width="26"/>
</a>
</td>
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<a data-tags="share email" style="text-decoration: underline !important; white-space: nowrap; color: #192733; padding: 0 8px;">
<img alt="Send as email to a friend" height="26" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Femail%2520blue.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1o69QJ:fYldrnIeO0anKuvMDdHWHWedDO2cXeyW_QyEePEjXLQ" width="26"/>
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</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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1o69QJ:fYldrnIeO0anKuvMDdHWHWedDO2cXeyW_QyEePEjXLQ" 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 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;">
RIP
</td>
</tr>
<tr>
<td style="padding: 0 0 1px;">
<a style="color: #192733; text-decoration: underline !important;">
<img alt="Leonardo Del Vecchio" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Fdel_vecchio.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1o69QJ:fYldrnIeO0anKuvMDdHWHWedDO2cXeyW_QyEePEjXLQ" 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;">
RIP to an eyewear legend
</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;">
In the world of sunglasses, there is one company that rules them all: Luxottica.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
While you may not be familiar with that name, you’re likely familiar with its subsidiaries like Oakley, Ray-Ban, and Sunglass Hut.
</p>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
<strong>
Luxottica has humble beginnings
</strong>
</h4>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
It was founded by Leonardo Del Vecchio as a workshop that made parts for other eyewear makers in 1961.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
The company eventually started producing its own glasses, and expanded its
<a style="color: #192733; text-decoration: underline !important;">
empire
</a>
through a series of sharp business moves, per
<em>
Forbes
</em>
:
</p>
<ul style="font-size: 16px; line-height: 20px; padding-bottom: 10px; padding-left: 12px; margin: 0;">
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px 0px 10px;">
<strong>
In 1988,
</strong>
Luxottica signed a licensing agreement with designer Giorgio Armani, which he says helped turn glasses into fashion accessories.
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px 0px 10px;">
<strong>
From 1990 to 2001,
</strong>
the company acquired Vogue Eyewear, Persol, Ray-Ban, and Sunglass Hut.
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
In 2018,
</strong>
Luxottica merged with Essilor, a french manufacturer of optic lenses, to create an eyewear behemoth.
</li>
</ul>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
As you might expect, these moves were lucrative for the company and its founder.
</p>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
<strong>
Del Vecchio was born in 1935…
</strong>
</h4>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
… to an impoverished family in Milan and raised in an orphanage. He passed away yesterday at age 87 as the proprietor of a
<strong>
~$25B
</strong>
fortune.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
When asked the secret to his success, Del Vecchio
<a style="color: #192733; text-decoration: underline !important;">
replied
</a>
, “I’ve always strived to be the best at everything I do — that’s it.”
</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;">
<img alt="Share on Facebook" height="22" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Ffacebook_blue_no_circle.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1o69QJ:fYldrnIeO0anKuvMDdHWHWedDO2cXeyW_QyEePEjXLQ" width="22"/>
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</td>
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<a data-tags="share twitter" style="text-decoration: underline !important; white-space: nowrap; color: #192733; padding: 0 8px;">
<img alt="Share on Twitter" height="26" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Ftwitter%2520blue.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1o69QJ:fYldrnIeO0anKuvMDdHWHWedDO2cXeyW_QyEePEjXLQ" width="26"/>
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</td>
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TRENDS
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<td class="h2020 ignore-defaults" style="padding: 0px 3px;">
<center>
<a style="color: #192733; text-decoration: underline !important;">
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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;">
$446k/mo. selling... plastic hair clips?
</h2>
</td>
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<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;">
Another week, another Trends report packed with business ideas for our members to pounce on.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
In case you missed it, here are some highlights:
</p>
<ul style="font-size: 16px; line-height: 20px; padding-bottom: 10px; padding-left: 12px; margin: 0;">
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
🧸
</strong>
<a style="color: #192733; text-decoration: underline !important;">
<strong>
Sensory toys
</strong>
</a>
for toddlers
<strong>
</strong>
are surging in popularity. We break down why some folks are bringing in an extra
<strong>
$329k/mo.
</strong>
selling “sand-and-water tables” for tots.
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
🛰
</strong>
<a style="color: #192733; text-decoration: underline !important;">
<strong>
The satellite industry
</strong>
</a>
may be moon-bound (as in
<em>
+10x by 2030
</em>
, according to McKinsey). There are many new live satellite imaging data use cases for small- to medium-sized businesses on the horizon.
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
💸
</strong>
<a style="color: #192733; text-decoration: underline !important;">
<strong>
Small products generate big revenue
</strong>
</a>
— just look at plastic hair clips. One seller is bringing in
<strong>
$446k/mo.
</strong>
from selling a four-pack on Amazon.
</li>
</ul>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
To read the full reports and get access to thousands of profitable business ideas that you can build in a weekend,
<a style="color: #192733; text-decoration: underline !important;">
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AROUND THE WEB
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<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
🏳️🌈
<strong>
On this day:
</strong>
In 1969, the Stonewall Riots
<a style="color: #192733; text-decoration: underline !important;">
began
</a>
in NYC in response to a police raid on the Stonewall Inn, a gay bar. Today, June is designated as LGBTQ+ Pride Month in honor of the uprising.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
🛒
<strong>
Useful:
</strong>
<a style="color: #192733; text-decoration: underline !important;">
Spoken.io
</a>
searches across stores to help you find what you’re looking for at the best price.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
🍹
<strong>
That’s interesting:
</strong>
Barcelona’s stock market-themed
<a style="color: #192733; text-decoration: underline !important;">
Dow Jones Bar
</a>
prices drinks based on their popularity. When enough drinks are bought, the market “crashes,” offering patrons deals on cocktails.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
😔
<strong>
How to:
</strong>
Bad news can make it hard to focus.
<em>
Harvard Business Review
</em>
has
<a style="color: #192733; text-decoration: underline !important;">
tips
</a>
for supporting your team through dark days.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
🐼
<strong>
Aww:
</strong>
And now,
<a style="color: #192733; text-decoration: underline !important;">
clumsy pandas
</a>
.
</p>
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Meme
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2 years, 12 months ago - news@thehustle.co
🔍 What the heck’s a geofencing warrant?
Plus: RIP to the glasses king, a crazy F1 chart, clumsy pandas, and more. In yesterday’s podcast,...