Inboxes

Create an inbox to save and track emails. It's free!

+New inbox

<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "//www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="//www.w3.org/1999/xhtml">
 <head>
  <title>
  </title>
  <meta content="text/html; charset=utf-8" http-equiv="Content-Type"/>
  <meta content="width=device-width, initial-scale=1, minimum-scale=1, maximum-scale=1" name="viewport"/>
  <!--[if !mso]><!-->
  <meta content="IE=Edge" http-equiv="X-UA-Compatible"/>
  <!--<![endif]-->
  <!--[if (gte mso 9)|(IE)]>
        <style type="text/css">
          table {border-collapse: collapse;}
          table, td {mso-table-lspace: 0pt;mso-table-rspace: 0pt;}
          img {-ms-interpolation-mode: bicubic;}
        </style>
      <![endif]-->
 </head>
 <body bgcolor="#FFFFFF" data-attributes="%7B%22dropped%22%3Atrue%2C%22bodybackground%22%3A%22%23FFFFFF%22%2C%22bodyfontname%22%3A%22arial%2Csans-serif%22%2C%22bodytextcolor%22%3A%22%23000000%22%2C%22bodylinkcolor%22%3A%22%231188e6%22%2C%22bodyfontsize%22%3A%2214px%22%7D" style="background: #FFFFFF; color: #000000; font-family: arial,sans-serif; font-size: 14px; margin: 0; min-width: 100%; padding: 0;" yahoofix="true">
  <center class="wrapper">
   <div class="webkit" style="font-family: arial, sans-serif;">
    <table bgcolor="#FFFFFF" border="0" cellpadding="0" cellspacing="0" class="wrapper" style="-moz-text-size-adjust: 100%; -ms-text-size-adjust: 100%; -webkit-font-smoothing: antialiased; -webkit-text-size-adjust: 100%; table-layout: fixed; width: 100% !important;" width="100%">
     <tbody>
      <tr>
       <td bgcolor="#FFFFFF" valign="top" width="100%">
        <!--[if (gte mso 9)|(IE)]>
                        <table width="600" align="center" cellpadding="0" cellspacing="0" border="0">
                          <tr>
                            <td>
                              <![endif]-->
        <table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" class="module footer" data-attributes="%7B%22dropped%22%3Atrue%2C%22columns%22%3A1%2C%22padding%22%3A%2210%2C5%2C10%2C5%22%2C%22containerbackground%22%3A%22%23ffffff%22%7D" data-type="footer" role="module" style="color: #000000; max-width: 600px; padding: 10px 5px;" width="100%">
         <tbody>
          <!-- START DYNAMIC CONTENT -->
          <!-- START SUNDAY MASTHEAD -->
          <tr role="module-content">
           <td align="center" class="templateColumnContainer" valign="top" width="100%">
            <table border="0" cellpadding="0" cellspacing="0" width="100%">
             <tbody>
              <tr id="intro">
               <td colspan="2" style="color: #ffffff; font-family: 'Courier New',courier,monospace; font-size: 1px; letter-spacing: -1px; line-height: 120%; padding: 20px 0;">
                Nearly 50 years ago, one man ‘invented’ the modern smiley face. Then, another man halfway across the world made it into a multimillion-dollar cash cow.
               </td>
              </tr>
              <tr>
               <td align="center" colspan="2" style="font-family: 'Courier New',serif; font-size: 16px; font-weight: bold; text-align: center;">
                This edition of The Hustle was brought to you by
                <a style="color: #ed4d1f; text-decoration: none;">
                 Vuori
                </a>
                ... all-purpose shorts to live in.
               </td>
              </tr>
              <tr>
               <td colspan="2" style="padding-bottom: 10px;">
                <center>
                 <a style="color: #ed4d1f; text-decoration: none;">
                  <img src="https://inboxflows.com/_/image/https%253A%252F%252Fthdaily.s3-us-west-1.amazonaws.com%252FVuori_20180807001137.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0aGRhaWx5LnMzLSJ9:1kXOUN:h1hkoEQUMH7S-JZ5PfSNvVx-PCOEsVJC1YU80fQxHvY" style="height: 100px; width: 250px;"/>
                 </a>
                </center>
               </td>
              </tr>
              <!-- END SUNDAY MASTHEAD -->
              <!-- START SUNDAY HEADER -->
              <tr role="module-content">
               <td align="center" class="templateColumnContainer" valign="top" width="100%">
                <table border="0" cellpadding="0" cellspacing="0" width="100%">
                 <tbody>
                  <tr style="vertical-align: bottom;">
                   <td bgcolor="#000000" class="leftColumnContent" role="column-one" style="background: #000000; height: 100%; padding-bottom: 20px; padding-left: 20px; padding-top: 20px;">
                    <a style="color: #ffffff; font-family: 'Courier New',courier,monospace; font-size: 24px; font-weight: bold; line-height: 100%; text-decoration: none;">
                     The Hustle
                    </a>
                   </td>
                   <td align="right" bgcolor="#000000" class="rightColumnContent" role="column-two" style="background: #000000; color: #ffffff; font-family: 'Courier New',courier,monospace; font-size: 16px; font-weight: bold; height: 100%; line-height: 18px; padding-bottom: 20px; padding-right: 20px; text-align: right;">
                    Issue #56
                   </td>
                  </tr>
                 </tbody>
                </table>
                <table border="0" cellpadding="0" cellspacing="0" class="module" data-attributes="%7B%22dropped%22%3Atrue%2C%22child%22%3Afalse%2C%22padding%22%3A%220%2C0%2C0%2C0%22%2C%22containerbackground%22%3A%22%23ffffff%22%7D" data-type="text" role="module" style="table-layout: fixed;" width="100%">
                 <tbody>
                  <tr>
                   <td>
                    <a style="color: #ed4d1f; text-decoration: none;">
                     <img alt="The Hustle, Sunday, June 2, 2019" src="https://inboxflows.com/_/image/https%253A%252F%252Fthdaily.s3-us-west-1.amazonaws.com%252Fheader_20190602054456.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0aGRhaWx5LnMzLSJ9:1kXOUN:h1hkoEQUMH7S-JZ5PfSNvVx-PCOEsVJC1YU80fQxHvY" style="display: block; height: auto; width: 100%;"/>
                    </a>
                   </td>
                  </tr>
                  <tr>
                   <td align="center" bgcolor="#000000" style="background: #000000; color: #ffffff; font-family: 'Courier New',courier,monospace; font-size: 16px; font-weight: bold; padding: 10px 0; text-align: center;">
                    Sunday, June 2, 2019
                   </td>
                  </tr>
                 </tbody>
                </table>
               </td>
              </tr>
              <!-- END SUNDAY HEADER -->
              <!-- START PADDING -->
              <tr>
               <td style="padding-bottom: 30px;">
               </td>
              </tr>
              <!-- END PADDING -->
              <!-- START NOTE -->
              <tr>
               <td bgcolor="#ececec" style="background: #ececec; color: #3e3e3e; padding: 15px 15px 5px;">
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 Hustlers — Tomorrow, we’ll be dropping some
                 <em>
                  BIG
                 </em>
                 news. Be sure to check your inbox. We think it'll put a smile on your face.
                </p>
               </td>
              </tr>
              <!-- END NOTE -->
              <tr>
               <td>
                <h2 style="font-family: arial, sans-serif; font-size: 30px; font-weight: bold; line-height: 120%; margin-bottom: 6px; margin-top: 36px;">
                 <strong>
                  The $500m smiley face business
                 </strong>
                </h2>
                <p style="color: #737373; font-family: arial, sans-serif; font-size: 18px; font-style: italic; line-height: 120%; margin: 0; padding-bottom: 10px;">
                 Nearly 50 years ago, one man ‘invented’ the modern smiley face. Then, another man halfway across the world made it into a multimillion-dollar cash cow.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 13px; line-height: 120%; margin: 0; padding-bottom: 24px;">
                 <strong>
                  BY
                  <a style="color: #ed4d1f; text-decoration: none; text-transform: uppercase;">
                   Zachary Crockett
                  </a>
                 </strong>
                </p>
               </td>
              </tr>
              <!-- START BODY TEXT -->
              <tr>
               <td>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 The Smiley Company office in London, England, is a wonder to behold.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 Smiley paintings line the walls. Smiley push pillows adorn the couches. There are smiley backpacks, smiley t-shirts, smiley exercise balls, smiley toys, smiley chocolates, and even smiley chicken nuggets.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 This simple icon — a yellow circle, two dots, a smile — retained relevancy through 50 years of cultural movements, from free love to raves to the digital revolution.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 And in the process, it became a family-owned global licensing empire worth more than $500m per year. But how did it get there?
                </p>
                <h4 style="font-family: arial, sans-serif; font-size: 18px; font-weight: bold; margin-bottom: 8px; margin-top: 16px;">
                 <strong>
                  Will the real smiley inventor please stand up?
                 </strong>
                </h4>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 In 1963, a Worcester, Massachusetts-based freelance artist named Harvey Ball received a life-changing call from a local client.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 State Mutual Life Assurance Company had just merged with an out-of-town competitor, and employee morale was waning. They needed some kind of quirky and fun design to lift spirits around the office.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 It took Ball
                 <a style="-webkit-text-fill-color: #ed4d1f; color: #ed4d1f; text-decoration: none;">
                  10 minutes
                 </a>
                 to produce his famous solution: A bright yellow circle with black oval eyes and a creased smile. For his work, he was paid a one-time fee of $45 ($376 in 2019 dollars).
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 By
                 <a style="-webkit-text-fill-color: #ed4d1f; color: #ed4d1f; text-decoration: none;">
                  most accounts
                 </a>
                 , this was modern history’s first “smiley face.”
                </p>
               </td>
              </tr>
              <!-- END BODY TEXT -->
              <tr>
               <td>
                <a style="color: #ed4d1f; text-decoration: none;">
                 <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fthdaily.s3-us-west-1.amazonaws.com%252FBALL_20190602055449.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0aGRhaWx5LnMzLSJ9:1kXOUN:h1hkoEQUMH7S-JZ5PfSNvVx-PCOEsVJC1YU80fQxHvY" style="height: auto; padding-top: 10px; width: 100%;"/>
                </a>
                <p style="color: #5f696c; font-family: arial, sans-serif; font-size: 12px; font-style: italic; line-height: 120%; margin: 0; padding-bottom: 20px; padding-top: 8px;">
                 Harvey Ball at work on his iconic smiley face (Paul Connors/AP)
                </p>
               </td>
              </tr>
              <!-- START BODY TEXT -->
              <tr>
               <td>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 It wasn’t, of course, the first: Crude versions of the simple design have since been found painted on
                 <a style="-webkit-text-fill-color: #ed4d1f; color: #ed4d1f; text-decoration: none;">
                  4,000-year-old
                 </a>
                 Turkish pottery, engraved in medieval stones, and scribbled in 19th-century
                 <a style="-webkit-text-fill-color: #ed4d1f; color: #ed4d1f; text-decoration: none;">
                  letters
                 </a>
                 .
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 Ball’s iteration, however, struck a chord, ushering the smiley into mainstream American culture.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 Others were quick to pounce on the icon’s popularity. In Philadelphia, two Hallmark card shop owners printed it on buttons, along with the phrase, “
                 <a style="-webkit-text-fill-color: #ed4d1f; color: #ed4d1f; text-decoration: none;">
                  Have a Nice Day
                 </a>
                 .” The brothers, Bernard and Murray Spain, sold 50 million of them during the height of the Vietnam War.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 It soon became clear that Ball’s simple illustration was worth millions of dollars. But he’d made a critical mistake: He never filed a trademark.
                </p>
                <h4 style="font-family: arial, sans-serif; font-size: 18px; font-weight: bold; margin-bottom: 8px; margin-top: 16px;">
                 <strong>
                  The man who owns the smiley
                 </strong>
                </h4>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 Halfway across the world, in Paris, France, a young journalist named Franklin Loufrani had his own stroke of invention.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 Loufrani had foregone college and joined his first newspaper at 19 with little formal training. But according to those who knew him, he was an entrepreneurial spirit — a “marketing guy who was always coming up with new stuff.”
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 In 1971, while working for the paper
                 <em>
                  France-Soir
                 </em>
                 , he became fed up with the constant stream of negative news and decided to design a symbol that would alert readers of positive stories.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 His creation, a smiling yellow face, bore a striking resemblance to Ball’s.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 But unlike Ball, he foresaw the symbol’s marketing potential and immediately secured a French trademark.
                </p>
               </td>
              </tr>
              <!-- END BODY TEXT -->
              <tr>
               <td>
                <a style="color: #ed4d1f; text-decoration: none;">
                 <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fthdaily.s3-us-west-1.amazonaws.com%252Fpaper_20190602055525.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0aGRhaWx5LnMzLSJ9:1kXOUN:h1hkoEQUMH7S-JZ5PfSNvVx-PCOEsVJC1YU80fQxHvY" style="height: auto; padding-top: 10px; width: 100%;"/>
                </a>
                <p style="color: #5f696c; font-family: arial, sans-serif; font-size: 12px; font-style: italic; line-height: 120%; margin: 0; padding-bottom: 20px; padding-top: 8px;">
                 Loufrani’s smiley face, first published in the France-Soir on January 1, 1972 (via the Smiley Company)
                </p>
               </td>
              </tr>
              <!-- START BODY TEXT -->
              <tr>
               <td>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 “You could say there was a political or social meaning behind what he did, but it was really a commercial act,” Loufrani’s son, Nicolas, told
                 <em>
                  The Hustle
                 </em>
                 . “He wanted to make money on it.”
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 Trademark secured, Loufrani set out to license the living daylights out of his new icon.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 Licensing, or allowing other businesses to use your logo in
                 <a style="-webkit-text-fill-color: #ed4d1f; color: #ed4d1f; text-decoration: none;">
                  exchange
                 </a>
                 for a percentage of every sale, wasn’t a very popular business model in Europe at the time. Loufrani was among the earliest to venture into the space — and at first, it was a hard sell.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 After it ran in the
                 <em>
                  France-Soir
                 </em>
                 in January of 1972, a smattering of other newspapers paid to use it. But Loufrani realized he had to get the word out on a wider scale to attract a diversity of industries.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 In his words, he had to “tap into a movement.” Luckily, there was one happening in the streets.
                </p>
                <h4 style="font-family: arial, sans-serif; font-size: 18px; font-weight: bold; margin-bottom: 8px; margin-top: 16px;">
                 <strong>
                  The free love smiley
                 </strong>
                </h4>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 In the early ‘70s, France was emerging from a
                 <a style="-webkit-text-fill-color: #ed4d1f; color: #ed4d1f; text-decoration: none;">
                  counter-cultural movement
                 </a>
                 similar to America’s hippie uprising: Students were rejecting moral strictures, embracing free love, and leaning into a sexual revolution.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 Loufrani printed the smiley onto 10 million stickers and handed them out for free. The icon’s simplistic joy played into the movement and was soon plastered on car bumpers all over the country.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 As it trickled into mass culture, brands came knocking.
                </p>
               </td>
              </tr>
              <!-- END BODY TEXT -->
              <tr>
               <td>
                <a style="color: #ed4d1f; text-decoration: none;">
                 <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fthdaily.s3-us-west-1.amazonaws.com%252Flou_20190602055608.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0aGRhaWx5LnMzLSJ9:1kXOUN:h1hkoEQUMH7S-JZ5PfSNvVx-PCOEsVJC1YU80fQxHvY" style="height: auto; padding-top: 10px; width: 100%;"/>
                </a>
                <p style="color: #5f696c; font-family: arial, sans-serif; font-size: 12px; font-style: italic; line-height: 120%; margin: 0; padding-bottom: 20px; padding-top: 8px;">
                 Franklin Loufrani (photo illustration by The Hustle)
                </p>
               </td>
              </tr>
              <!-- START BODY TEXT -->
              <tr>
               <td>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 Two years into his trademark, Loufrani secured a lucrative partnership with the candy company Mars, which printed the smiley face on its chocolate
                 <a style="-webkit-text-fill-color: #ed4d1f; color: #ed4d1f; text-decoration: none;">
                  Bonitos
                 </a>
                 (the forerunner to M&amp;Ms in Europe).
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 Other big licensees were soon to follow: Levi’s rolled out smiley-emblazoned jeans; Agfa (a German film giant) packaged its film in smiley-branded boxes; stationery retailers pumped out smiley journals, notebooks, and pencils.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 “It wasn’t controlled — the product aligned with the movement naturally,” says Nicolas. “My father realized early on that instead of fighting for control over how people saw it, he should ride the wave of culture.”
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 This tactic wasn’t welcomed by Loufrani’s traditionalist peers. “They would say, ‘Hippies are dirty! Why would you associate with that?’” adds Nicolas. “But [my father] didn’t care. He welcomed it.”
                </p>
                <h4 style="font-family: arial, sans-serif; font-size: 18px; font-weight: bold; margin-bottom: 8px; margin-top: 16px;">
                 <strong>
                  Raves, drugs, and smileys
                 </strong>
                </h4>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 In the 1980s and early ‘90s, the smiley was adopted by a new generation of ecstasy-fueled ravers.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 This began naturally, with early electro DJs like
                 <a style="-webkit-text-fill-color: #ed4d1f; color: #ed4d1f; text-decoration: none;">
                  Danny Rampling
                 </a>
                 using the logo on fliers for parties — and once Loufrani sensed this new culture embracing his symbol, he capitalized on it.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 He reached out to DJs, stayed on top of all the trends, and hit the clubs, selling t-shirts and buttons. Simultaneously, this new market drove licensing deals with trendy apparel companies.
                </p>
               </td>
              </tr>
              <!-- END BODY TEXT -->
              <tr>
               <td>
                <a style="color: #ed4d1f; text-decoration: none;">
                 <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fthdaily.s3-us-west-1.amazonaws.com%252Fraves_20190602055706.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0aGRhaWx5LnMzLSJ9:1kXOUN:h1hkoEQUMH7S-JZ5PfSNvVx-PCOEsVJC1YU80fQxHvY" style="height: auto; padding-top: 10px; width: 100%;"/>
                </a>
                <p style="color: #5f696c; font-family: arial, sans-serif; font-size: 12px; font-style: italic; line-height: 120%; margin: 0; padding-bottom: 20px; padding-top: 8px;">
                 The rave scene was quick to adopt the smiley face (via Acid House Fashion, NME)
                </p>
               </td>
              </tr>
              <!-- START BODY TEXT -->
              <tr>
               <td>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 But as the rave movement grew, so too did an
                 <a style="-webkit-text-fill-color: #ed4d1f; color: #ed4d1f; text-decoration: none;">
                  <em>
                   anti-rave
                  </em>
                  movement
                 </a>
                 led by traditionalists. The smiley, by association, was cast in a dark light: It was no longer just an innocent happy face; it was a symbol of rebellion.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 “They were using smiley faces to show how bad rave culture was. They’d hold up a smiley and say, ‘This is criminal!’” says Nicolas.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 While other licensors fought for strict control over how their logos were used, Loufrani set the smiley free and let it ride the tides of cultural movements.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 “He didn’t fight the adoption of the logo into something else,” says Nicolas. “My father didn’t care. He’s never cared about how people think. He is an unconventional person who always wants to try new things.”
                </p>
                <h4 style="font-family: arial, sans-serif; font-size: 18px; font-weight: bold; margin-bottom: 8px; margin-top: 16px;">
                 <strong>
                  The smiley goes digital
                 </strong>
                </h4>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 By 1996, the smiley business wasn’t looking so hot. Licensing deals were down, and the logo was starting to lose its edge.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 Loufrani, who was aging, tapped then-26-year-old Nicolas to head operations. “I wasn’t excited about it,” says Nicolas. “I thought it was old and lousy, something that was passed.”
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 Though his father had been in business for 25 years, the smiley was “strictly a licensing play,” Nicolas says. There was no brand name, no company — just a logo.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 “In the US, people would call it a smiley face. In France, it was a
                 <em>
                  soir
                 </em>
                 . In Japan, it was a ‘peace love’ mark,” says Nicolas. “Every country had a name for it, so I decided, okay, we need a brand.”
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 Nicolas formed The Smiley Company and secured trademarks for the ‘smiley’ brand name in 100 countries around the world. In countries where it was taken, the Loufranis bought it, or battled the owner in court (including a famous,
                 <a style="-webkit-text-fill-color: #ed4d1f; color: #ed4d1f; text-decoration: none;">
                  10-year legal battle
                 </a>
                 with Walmart in the US).
                </p>
               </td>
              </tr>
              <!-- END BODY TEXT -->
              <tr>
               <td>
                <a style="color: #ed4d1f; text-decoration: none;">
                 <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fthdaily.s3-us-west-1.amazonaws.com%252Fnico_20190602055743.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0aGRhaWx5LnMzLSJ9:1kXOUN:h1hkoEQUMH7S-JZ5PfSNvVx-PCOEsVJC1YU80fQxHvY" style="height: auto; padding-top: 10px; width: 100%;"/>
                </a>
                <p style="color: #5f696c; font-family: arial, sans-serif; font-size: 12px; font-style: italic; line-height: 120%; margin: 0; padding-bottom: 20px; padding-top: 8px;">
                 Nicolas Loufrani, who took over the company from his father in 1996 (via the Smiley Company)
                </p>
               </td>
              </tr>
              <!-- START BODY TEXT -->
              <tr>
               <td>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 Then, against the wishes of his father, Nicolas made major updates to the old-school smiley face, morphing it from a static image to a 3D orb. He dubbed it the “new smiley.”
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 “It was totally against all marketing theory: If you have a logo, you don’t create new ones,” he says. “My father was furious. He said, ‘It’s stupid what you’re doing! You have a trademark! Keep the logo, but don’t change it!’”
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 But Nicolas sensed a larger shift happening: The rise of the internet and mobile technology.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 Though people had been using text-based emojis — :) ;) :( — as early as 1972, Nicolas anticipated a future where people would use
                 <em>
                  real
                 </em>
                 smiley icons to communicate.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 In 2001, he changed The Smiley Company’s slogan to “The birth of a new universal language” and rolled out more than 470 iterations — what are purported to the first-ever set of portrait-orientation emoticons.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 “We had winky smileys, angry smiley, animal smileys, fruit smileys, flag smileys, Statue of Liberty smileys...there was a smiley for everything,” says Nicolas.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 Under The Smiley Company brand, he launched SmileyWorld — a universe containing all of his new creations — and licensed them to mobile companies like Nokia and Samsung.
                </p>
               </td>
              </tr>
              <!-- END BODY TEXT -->
              <tr>
               <td>
                <a style="color: #ed4d1f; text-decoration: none;">
                 <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fthdaily.s3-us-west-1.amazonaws.com%252Fdocs_20190602055811.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0aGRhaWx5LnMzLSJ9:1kXOUN:h1hkoEQUMH7S-JZ5PfSNvVx-PCOEsVJC1YU80fQxHvY" style="height: auto; padding-top: 10px; width: 100%;"/>
                </a>
                <p style="color: #5f696c; font-family: arial, sans-serif; font-size: 12px; font-style: italic; line-height: 120%; margin: 0; padding-bottom: 20px; padding-top: 8px;">
                 Foreign trademark documents filed by Loufrani in 1999 (the Smiley Company)
                </p>
               </td>
              </tr>
              <!-- START BODY TEXT -->
              <tr>
               <td>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 Soon, tech companies like Apple and Microsoft come out with their own sets of proprietary emojis.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 But as emojis became a part of a new everyday language, The Smiley Company saw residual benefits in its licensing business: It rolled out partnerships with push toys, games, food companies, fashion retailers.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 “When emojis started to pick up, we were seen as the originator, and it gave us a renewed credibility,” says Nicolas. “The smiley was cool again.”
                </p>
                <h4 style="font-family: arial, sans-serif; font-size: 18px; font-weight: bold; margin-bottom: 8px; margin-top: 16px;">
                 <strong>
                  The money machine
                 </strong>
                </h4>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 Today, Nicolas and his father, now 76, still run the business together.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 The Smiley Company does nearly $500m per year in licensing deals, working with companies like Nutella, Clinique, McDonald’s, Nivea, Coca-Cola, VW, and Dunkin’ Donuts.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 Though royalty fees vary based on the size and scope of the company, they can be as high as
                 <a style="-webkit-text-fill-color: #ed4d1f; color: #ed4d1f; text-decoration: none;">
                  10%
                 </a>
                 of what an item sells for. Based in London, the Loufranis and a staff of 40 constantly scour the market for up-and-coming trends, then mock up smiley concepts and pitch them to brands.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 They work with more than 300 licensees across 12 major categories, ranging from smiley-branded gummies to smiley-branded Rubik’s Cubes.
                </p>
               </td>
              </tr>
              <!-- END BODY TEXT -->
              <tr>
               <td>
                <a style="color: #ed4d1f; text-decoration: none;">
                 <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fthdaily.s3-us-west-1.amazonaws.com%252Fsmiley%2520partnerships_20190602055903.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0aGRhaWx5LnMzLSJ9:1kXOUN:h1hkoEQUMH7S-JZ5PfSNvVx-PCOEsVJC1YU80fQxHvY" style="height: auto; padding-top: 10px; width: 100%;"/>
                </a>
                <p style="color: #5f696c; font-family: arial, sans-serif; font-size: 12px; font-style: italic; line-height: 120%; margin: 0; padding-bottom: 20px; padding-top: 8px;">
                 The Smiley Company enjoys brand partnerships with more than 300 partners, including Lee jeans and Dunkin’ Donuts (via The Smiley Company)
                </p>
               </td>
              </tr>
              <!-- START BODY TEXT -->
              <tr>
               <td>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 Though Loufrani can be credited with the commercial spread of the smiley face, he often faces the criticism that he merely took another man’s creation and made it popular — an idea he dismisses.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 "When it comes to commercial use, registration is what counts," he told
                 <a style="-webkit-text-fill-color: #ed4d1f; color: #ed4d1f; text-decoration: none;">
                  The New York Times
                 </a>
                 in 2006. “I hit the casino jackpot.”
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 And what of Harvey Ball, the Massachusetts artist widely acknowledged to be the true father of the smiley?
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 He passed away in 2001, at the age of 79, having never profited off the smiley beyond his original $45 payment. But he died with no regrets; for him, the smiley had served its purpose.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 “He was not a money-driven guy,” Ball’s son told the
                 <em>
                  Worcester
                 </em>
                 <a style="-webkit-text-fill-color: #ed4d1f; color: #ed4d1f; text-decoration: none;">
                  <em>
                   Telegram &amp; Gazette
                  </em>
                 </a>
                 shortly after he passed. “He used to say, 'Hey, I can only eat one steak at a time.'”
                </p>
               </td>
              </tr>
              <!-- END BODY TEXT -->
              <!-- START SHARIES -->
              <tr>
               <td id="spacer" style="padding-top: 20px;">
               </td>
              </tr>
              <tr>
               <td align="center" id="link" style="font-family: 'Courier New',courier,monospace; font-size: 26px; line-height: 120%; padding: 15px 0; text-align: center;">
                Share &amp; discuss this story
               </td>
              </tr>
              <tr>
               <td style="border-bottom-color: #dddddd; border-bottom-style: solid; border-bottom-width: 1px; padding-bottom: 50px;">
                <table style="text-align: center; width: 100%;">
                 <tbody>
                  <tr>
                   <td bgcolor="#797979" style="background: #797979; border-bottom-color: #4e4e4e; border-bottom-style: solid; border-bottom-width: 3px; color: #ffffff; font-family: 'arial',sans-serif; padding: 12px 16px 9px; width: 33%;" width="33%">
                    <a style="color: #ffffff; font-size: 12px; font-weight: bold; text-decoration: none;">
                     ON OUR WEBSITE
                    </a>
                   </td>
                   <td bgcolor="#0f52a0" style="background: #0f52a0; border-bottom-color: #003779; border-bottom-style: solid; border-bottom-width: 3px; font-family: 'arial',sans-serif; padding: 12px 16px 9px; width: 34%;" width="34%">
                    <a style="color: #ffffff; font-size: 12px; font-weight: bold; text-decoration: none;">
                     ON FACEBOOK
                    </a>
                   </td>
                   <td bgcolor="#fd394f" style="background: #fd394f; border-bottom-color: #d42235; border-bottom-style: solid; border-bottom-width: 3px; font-family: 'arial',sans-serif; padding: 12px 16px 9px; width: 33%;" width="33%;">
                    <a style="color: #ffffff; font-size: 12px; font-weight: bold; text-decoration: none;">
                     ON POCKET
                    </a>
                   </td>
                  </tr>
                 </tbody>
                </table>
               </td>
              </tr>
              <!-- END SHARIES -->
              <!--Start of feedback -->
              <tr>
               <td style="padding-bottom: 30px;">
               </td>
              </tr>
              <tr>
               <td align="center" style="padding-bottom: 10px; text-align: center;">
                <span style="font-family: 'Courier New', courier, monospace; font-weight: bold; letter-spacing: -0.5px;">
                 How do you like this story?
                </span>
               </td>
              </tr>
              <tr>
               <td>
                <div align="center" class="images" style="font-family: arial, sans-serif; text-align: center;">
                 <div class="love it" style="display: inline; font-family: arial, sans-serif;">
                  <a style="color: #ed4d1f; text-decoration: none;">
                   <img src="https://inboxflows.com/_/image/https%253A%252F%252Fthdaily.s3-us-west-1.amazonaws.com%252Fhappy-face_20190529205303.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0aGRhaWx5LnMzLSJ9:1kXOUN:h1hkoEQUMH7S-JZ5PfSNvVx-PCOEsVJC1YU80fQxHvY" style="height: 35px; padding: 0px 10px; width: auto;"/>
                  </a>
                 </div>
                 <div class="meh" style="display: inline; font-family: arial, sans-serif;">
                  <a style="color: #ed4d1f; text-decoration: none;">
                   <img src="https://inboxflows.com/_/image/https%253A%252F%252Fthdaily.s3-us-west-1.amazonaws.com%252Fmehv2_20190312203950.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0aGRhaWx5LnMzLSJ9:1kXOUN:h1hkoEQUMH7S-JZ5PfSNvVx-PCOEsVJC1YU80fQxHvY" style="height: 35px; padding: 0px 10px; width: auto;"/>
                  </a>
                 </div>
                 <div class="hate it" style="display: inline; font-family: arial, sans-serif;">
                  <a style="color: #ed4d1f; text-decoration: none;">
                   <img src="https://inboxflows.com/_/image/https%253A%252F%252Fthdaily.s3-us-west-1.amazonaws.com%252Fsad_face_20190312203719.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0aGRhaWx5LnMzLSJ9:1kXOUN:h1hkoEQUMH7S-JZ5PfSNvVx-PCOEsVJC1YU80fQxHvY" style="height: 35px; padding: 0px 10px; width: auto;"/>
                  </a>
                 </div>
                </div>
                <div align="center" style="font-family: arial, sans-serif; text-align: center;">
                 <div class="love it" style="display: inline; font-family: arial, sans-serif;">
                  <span style="color: #535353; font-family: 'Courier_New', courier, monospace; font-size: 15px; font-weight: bold; letter-spacing: -0.5px; padding: 0px 10px;">
                   love it
                  </span>
                 </div>
                 <div class="meh" style="display: inline; font-family: arial, sans-serif;">
                  <span style="color: #535353; font-family: 'Courier_New', courier, monospace; font-size: 15px; font-weight: bold; letter-spacing: -0.5px; padding: 0px 10px;">
                   meh
                  </span>
                 </div>
                 <div class="hate it" style="display: inline; font-family: arial, sans-serif;">
                  <span style="color: #535353; font-family: 'Courier_New', courier, monospace; font-size: 15px; font-weight: bold; letter-spacing: -0.5px; padding: 0px 10px;">
                   hate it
                  </span>
                 </div>
                </div>
               </td>
              </tr>
              <tr>
               <td style="padding-bottom: 50px;">
               </td>
              </tr>
              <tr>
               <td style="border-bottom-color: #dddddd; border-bottom-style: solid; border-bottom-width: 1px;">
               </td>
              </tr>
              <!--end feedback -->
              <!-- START PADDING -->
              <tr>
               <td style="padding-bottom: 20px;">
               </td>
              </tr>
              <!-- END PADDING -->
              <!-- START NATIVE -->
              <tr>
               <td>
                <table style="border-spacing: 0px;">
                 <tr>
                  <td align="center" bgcolor="#dedede" style="background: #dedede; color: #5c5c5c; font-family: 'Arial',sans-serif; font-size: 10px; font-weight: bold; letter-spacing: 1.5px; padding: 5px 0; text-align: center; width: 100px;">
                   SPONSORED
                  </td>
                 </tr>
                </table>
               </td>
              </tr>
              <tr id="sponsored">
               <td>
                <h2 style="font-family: arial, sans-serif; font-size: 26px; font-weight: bold; line-height: 120%; margin-bottom: 16px; margin-top: 36px;">
                 <strong>
                  Has this male athleisure startup toppled lululemon from their throne?
                 </strong>
                </h2>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 <a style="-webkit-text-fill-color: #ed4d1f; color: #ed4d1f; text-decoration: none;">
                  Vuori
                 </a>
                 has taken the
                 <em>
                  athleisure
                 </em>
                 world by storm in arguably the simplest way possible: by making
                 <em>
                  really frickin’ cool shorts
                 </em>
                 that everyone (including us) is obsessed with.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 It’s a testament to the fact that comfy, sharp-looking, crazy-versatile apparel can take your business far -- even for companies that don’t start with “lulu”.
                </p>
                <h4 style="font-family: arial, sans-serif; font-size: 18px; font-weight: bold; margin-bottom: 8px; margin-top: 16px;">
                 <strong>
                  Case in point: The Banks Short
                 </strong>
                </h4>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 On one hand… err, leg, Vuori’s
                 <a style="-webkit-text-fill-color: #ed4d1f; color: #ed4d1f; text-decoration: none;">
                  Banks Short
                 </a>
                 is the perfect summer look -- cool patterns, plenty of colors, and a cozy fit.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 On the other leg, they can handle just about anything you throw at them.
                 <a style="-webkit-text-fill-color: #ed4d1f; color: #ed4d1f; text-decoration: none;">
                  Vuori
                 </a>
                 shorts can take you from early-morning yoga to a lunchtime run to a dip in the lake afterward (that’s right,
                 <em>
                  they’re built for swimming too
                 </em>
                 ).
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 And if you’re like us, the day doesn’t end there… because what’s a workout without a beer after? Good thing these bad boys blend right in at the bar.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 <a style="-webkit-text-fill-color: #ed4d1f; color: #ed4d1f; text-decoration: none;">
                  Vuori
                 </a>
                 wasn’t content to settle with just comfortable, do-anything shorts, so they went one step further and made all their stuff out of recycled plastic bottles. So it feels good on you
                 <em>
                  and
                 </em>
                 Mama Earth.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 Hustle readers
                 <strong>
                  get
                 </strong>
                 <a style="-webkit-text-fill-color: #ed4d1f; color: #ed4d1f; text-decoration: none;">
                  <strong>
                   20% off
                  </strong>
                 </a>
                 <strong>
                  your first purchase
                 </strong>
                 , and as always, free returns + shipping on orders over $75.
                </p>
               </td>
              </tr>
              <tr id="cta">
               <td align="center" style="padding: 20px 0 40px; text-align: center; width: 100%;">
                <a style="background: #ffffff; border: 2px solid #000000; border-radius: 3px; color: #000000; font-family: 'Courier New',courier,monospace; font-size: 14px; font-weight: bold; letter-spacing: -0.5px; padding: 10px 15px; text-decoration: none;">
                 Short up →
                </a>
               </td>
              </tr>
              <!-- END NATIVE -->
              <!-- START PADDING -->
              <tr>
               <td style="padding-bottom: 30px;">
               </td>
              </tr>
              <!-- END PADDING -->
              <tr>
               <td id="break1" style="border-bottom-color: #dddddd; border-bottom-style: solid; border-bottom-width: 1px;">
               </td>
              </tr>
              <!-- START PADDING -->
              <tr>
               <td style="padding-bottom: 30px;">
               </td>
              </tr>
              <!-- END PADDING -->
              <!-- START SECTION HEADER -->
              <tr>
               <td align="left" bgcolor="#000000" style="background: #000000; color: #ffffff; font-family: 'Courier',monospace; font-size: 16px; font-weight: bold; letter-spacing: 1px; padding: 8px 10px; text-align: left; width: 100%;">
                share the hustle
               </td>
              </tr>
              <!-- END SECTION HEADER -->
              <!-- START BODY TEXT -->
              <tr>
               <td>
                <h2 style="font-family: arial, sans-serif; font-size: 26px; font-weight: bold; line-height: 120%; margin-bottom: 16px; margin-top: 36px;">
                 <strong>
                  Refer coworkers, get free stuff
                 </strong>
                </h2>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 Step 1: Peek our sweet, sweet rewards
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 Step 2: Click “Share The Hustle” below
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 Step 3: Share The Hustle.
                </p>
                <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                 Step 4: Collect rewards, rinse &amp; repeat.
                </p>
               </td>
              </tr>
              <!-- END BODY TEXT -->
              <tr>
               <td>
                <a style="color: #ed4d1f; text-decoration: none;">
                 <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fthdaily.s3-us-west-1.amazonaws.com%252FAMB_line_v3_20190531192255.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0aGRhaWx5LnMzLSJ9:1kXOUN:h1hkoEQUMH7S-JZ5PfSNvVx-PCOEsVJC1YU80fQxHvY" style="height: auto; padding-top: 10px; width: 100%;"/>
                </a>
               </td>
              </tr>
              <!-- START PADDING -->
              <tr>
               <td style="padding-bottom: 20px;">
               </td>
              </tr>
              <!-- END PADDING -->
              <tr class="hidethis">
               <td>
                <table style="border-spacing: 0;">
                 <tr>
                  <td align="center" bgcolor="#000000" style="background: #000000; color: #ffffff; font-size: 32px; font-weight: bold; line-height: 100%; max-width: 100px; padding: 10px 10px 0px; text-align: center;">
                   0
                  </td>
                  <td align="right" bgcolor="#000000" rowspan="2" style="background: #000000; font-family: 'Arial',sans-serif; font-size: 14px; font-weight: bold; padding: 5px 10px; text-align: right; width: 100%;">
                   <a style="background: #ff5938; border-radius: 3px; color: #ffffff; font-size: 12px; padding: 12px 10px; text-decoration: none;">
                    SHARE THE HUSTLE
                   </a>
                  </td>
                 </tr>
                 <tr>
                  <td align="center " bgcolor="#000000 " style="background: #000000; color: #ffffff; font-family: 'Arial',sans-serif; font-size: 8px; font-weight: normal; letter-spacing: 1px; line-height: 100%; padding: 4px 20px 10px; text-align: center;">
                   REFERRALS
                  </td>
                 </tr>
                 <tr>
                  <td align="center" bgcolor="#ffffff" colspan="2" style="background: #ffffff; color: #000000; padding-bottom: 5px; padding-top: 10px; text-align: center; width: 100%;">
                   <a style="color: #000000; font-family: 'Courier New',courier,monospace; font-size: 16px; font-weight: bold; line-height: 120%; text-decoration: none;">
                    //ambassadors.thehustle.co/?ref=950fce10a7
                   </a>
                  </td>
                 </tr>
                 <tr>
                  <td align="center" bgcolor="#ffffff" colspan="2" style="background: #ffffff; border-bottom-color: #000000; border-bottom-style: solid; border-bottom-width: 3px; color: #000000; padding-bottom: 10px; text-align: center; width: 100%;">
                   <span style="font-family: 'Arial',sans-serif; font-size: 8px; font-weight: normal; letter-spacing: 1px; line-height: 100%;">
                    YOUR UNIQUE URL
                   </span>
                  </td>
                 </tr>
                </table>
               </td>
              </tr>
              <tr id="credits">
               <td class="credits">
                <table style="width: 100%;">
                 <tbody>
                  <tr>
                   <td colspan="2" style="padding-top: 20px;">
                    <table style="text-align: center; width: 100%;">
                     <tr>
                      <td align="center" style="display: inline-block; font-family: 'Courier New',courier,monospace; font-size: 13px; font-weight: bold; line-height: 120%; min-width: 130px; padding: 5px; text-align: center;">
                       <a style="color: #ed4d1f; text-decoration: none;">
                        <img alt="Zack Crockett" src="https://inboxflows.com/_/image/https%253A%252F%252Fs3-us-west-1.amazonaws.com%252Fthdaily%252Ffooter_zack.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzMy11cy13ZXN0LSJ9:1kXOUN:4zzPYKF450xnma-rPsV0lk-gX84-v2nHDa-1YkKXoUw" style="padding-bottom: 10px; width: 60px;"/>
                       </a>
                       <br/>
                       Zack Crockett
                       <br/>
                       <span style="font-family: 'Arial',sans-serif; font-size: 8px; font-weight: normal; letter-spacing: 1px;">
                        SENIOR EDITOR
                       </span>
                      </td>
                      <td align="center" style="display: inline-block; font-family: 'Courier New',courier,monospace; font-size: 13px; font-weight: bold; line-height: 120%; min-width: 130px; padding: 5px; text-align: center;">
                       <a style="color: #ed4d1f; text-decoration: none;">
                        <img alt="Bobby Durben" src="https://inboxflows.com/_/image/https%253A%252F%252Fthdaily.s3-us-west-1.amazonaws.com%252Fbobby_footer_v4_20190208000513.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0aGRhaWx5LnMzLSJ9:1kXOUN:h1hkoEQUMH7S-JZ5PfSNvVx-PCOEsVJC1YU80fQxHvY" style="padding-bottom: 10px; width: 60px;"/>
                       </a>
                       <br/>
                       Bobby Durben
                       <br/>
                       <span style="font-family: 'Arial',sans-serif; font-size: 8px; font-weight: normal; letter-spacing: 1px;">
                        AD WRITER
                       </span>
                      </td>
                     </tr>
                    </table>
                   </td>
                  </tr>
                  <tr style="line-height: 120%;">
                   <td align="center" style="font-family: 'Courier New',courier,monospace; font-size: 16px; font-weight: bold; line-height: 120%; padding: 20px 0; text-align: center; width: 50%;">
                    <a style="color: #000000; text-decoration: none;">
                     Brad "juuuust missed the foul ball" Wolverton
                    </a>
                    <br/>
                    <span style="font-family: 'Arial',sans-serif; font-size: 8px; font-weight: normal; letter-spacing: 1px;">
                     HEAD OF CONTENT
                    </span>
                   </td>
                   <td align="center" style="font-family: 'Courier New',courier,monospace; font-size: 16px; font-weight: bold; line-height: 100%; padding: 20px 0; text-align: center; width: 50%;">
                    S. Miles
                    <br/>
                    <span style="font-family: 'Arial',sans-serif; font-size: 8px; font-weight: normal; letter-spacing: 1px; text-transform: uppercase;">
                     The man who never frowns
                    </span>
                   </td>
                  </tr>
                 </tbody>
                </table>
               </td>
              </tr>
              <tr id="classifieds">
               <td align="center" style="border-top-color: #000000; border-top-style: solid; border-top-width: 3px; font-family: 'Arial',sans-serif; padding: 12px 0; text-align: center;">
                <table style="width: 100%;">
                 <tbody>
                  <tr>
                   <td align="center" style="display: inline-block; padding: 5px 0; text-align: center;">
                    <a style="color: #000000; font-size: 16px; font-weight: bold; padding: 0 8px; text-decoration: none; white-space: nowrap;">
                     SUBSCRIBE
                    </a>
                   </td>
                   <td align="center" style="display: inline-block; padding: 5px 0; text-align: center;">
                    <a style="color: #000000; font-size: 16px; font-weight: bold; padding: 0 8px; text-decoration: none; white-space: nowrap;">
                     JOBS
                    </a>
                   </td>
                   <td align="center" style="display: inline-block; padding: 5px 0; text-align: center;">
                    <a style="color: #000000; font-size: 16px; font-weight: bold; padding: 0 8px; text-decoration: none; white-space: nowrap;">
                     ADVERTISE
                    </a>
                   </td>
                   <td align="center" style="display: inline-block; padding: 5px 0; text-align: center;">
                    <a style="color: #000000; font-size: 16px; font-weight: bold; padding: 0 8px; text-decoration: none; white-space: nowrap;">
                     EVENTS
                    </a>
                   </td>
                   <td align="center" style="display: inline-block; padding: 5px 0; text-align: center;">
                    <a style="color: #000000; font-size: 16px; font-weight: bold; padding: 0 8px; text-decoration: none; white-space: nowrap;">
                     SHOP
                    </a>
                   </td>
                  </tr>
                  <tr>
                   <td align="center" style="display: inline-block; font-family: 'Courier New',courier,monospace; font-size: 16px; font-weight: bold; line-height: 120%; padding: 20px; text-align: center;">
                    <a style="color: #ed4d1f; text-decoration: none;">
                     <img alt="Facebook" src="https://inboxflows.com/_/image/https%253A%252F%252Fs3-us-west-1.amazonaws.com%252Fthdaily%252Ffooter_facebook.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzMy11cy13ZXN0LSJ9:1kXOUN:4zzPYKF450xnma-rPsV0lk-gX84-v2nHDa-1YkKXoUw" style="padding-bottom: 10px;"/>
                    </a>
                   </td>
                   <td align="center" style="display: inline-block; font-family: 'Courier New',courier,monospace; font-size: 16px; font-weight: bold; line-height: 120%; padding: 5px 20px; text-align: center;">
                    <a style="color: #ed4d1f; text-decoration: none;">
                     <img alt="Instagram" src="https://inboxflows.com/_/image/https%253A%252F%252Fs3-us-west-1.amazonaws.com%252Fthdaily%252Ffooter_instagram.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzMy11cy13ZXN0LSJ9:1kXOUN:4zzPYKF450xnma-rPsV0lk-gX84-v2nHDa-1YkKXoUw" style="padding-bottom: 10px;"/>
                    </a>
                   </td>
                   <td align="center" style="display: inline-block; font-family: 'Courier New',courier,monospace; font-size: 16px; font-weight: bold; line-height: 120%; padding: 5px 20px; text-align: center;">
                    <a style="color: #ed4d1f; text-decoration: none;">
                     <img alt="YouTube" src="https://inboxflows.com/_/image/https%253A%252F%252Fs3-us-west-1.amazonaws.com%252Fthdaily%252Ffooter_youtube.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzMy11cy13ZXN0LSJ9:1kXOUN:4zzPYKF450xnma-rPsV0lk-gX84-v2nHDa-1YkKXoUw" style="padding-bottom: 10px;"/>
                    </a>
                   </td>
                  </tr>
                  <tr>
                   <td style="padding-bottom: 20px; padding-top: 10px;">
                    <a style="background: #ffffff; border: 2px solid #000000; border-radius: 3px; color: #000000; font-family: 'Courier New',courier,monospace; font-size: 14px; font-weight: bold; letter-spacing: -0.5px; padding: 10px 15px; text-decoration: none;">
                     Join our Instagram community →
                    </a>
                   </td>
                  </tr>
                 </tbody>
                </table>
               </td>
              </tr>
              <tr>
               <td align="center" bgcolor="#000000" style="background: #000000; border: 0; color: #ffffff; font-family: 'Courier New',courier,monospace; font-size: 11px; font-weight: bold; line-height: 120%; padding: 8px 5px; text-align: center;">
                You opted in by signing up, attending an event, or through divine intervention.
               </td>
              </tr>
              <tr>
               <td align="center" style="border-bottom-color: #000000; border-bottom-style: solid; border-bottom-width: 3px; font-family: 'Arial',sans-serif; font-size: 10px; font-weight: bold; letter-spacing: 0.5px; line-height: 120%; padding: 4px; text-align: center;">
                <a style="color: #000000; text-decoration: none;">
                 251 KEARNY ST. STE 300, SAN FRANCISCO, CA 94108, UNITED STATES
                </a>
                •
                <a style="color: #000000; text-decoration: none;">
                 415.506.7210
                </a>
               </td>
              </tr>
              <tr class="hidethis">
               <td align="center" bgcolor="#ffffff" role="module-content" style="color: #a9a9a9; font-size: 12px; line-height: 120%; margin: 0; padding: 10px 0px; text-align: center;" valign="top">
                Never want to hear from us again? Break our hearts and
                <a style="color: #a9a9a9; text-decoration: underline;">
                 unsubscribe
                </a>
               </td>
              </tr>
              <tr>
               <td align="center" style="padding-bottom: 20px; padding-top: 20px; text-align: center;">
                <center>
                 <span style="display: block; float: none; text-align: center;">
                  <a style="color: #ed4d1f; text-decoration: none;">
                   <img alt="The Hustle" height="22" src="https://inboxflows.com/_/image/https%253A%252F%252Fs3-us-west-1.amazonaws.com%252Fthdaily%252Fth_daily_email_logo.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzMy11cy13ZXN0LSJ9:1kXOUN:4zzPYKF450xnma-rPsV0lk-gX84-v2nHDa-1YkKXoUw" style="height: 22px; width: 100px;" width="100"/>
                  </a>
                 </span>
                </center>
               </td>
              </tr>
              <!-- END DYNAMIC CONTENT -->
             </tbody>
            </table>
            <!--[if (gte mso 9)|(IE)]>
                            </td>
                          </tr>
                        </table>
                      <![endif]-->
           </td>
          </tr>
         </tbody>
        </table>
       </td>
      </tr>
     </tbody>
    </table>
   </div>
  </center>
  <img alt="" border="0" height="1" src="https://inboxflows.com/_/image/http%253A%252F%252Fclick.thehustle.co%252Fwf%252Fopen%253Fupn%253DEbKgGdJ-2FyaBjZnYkL-2Fp0p-2FUYy8lG93ajcqsz7HMox3LAz9p-2BDw08m4nPbBpkCfn0K6dTvyQQ-2BOWIAnS5vMSEsnvDyUY5YD6QXq3NpyooiavnQLg4MU-2FT6u3ZzVDoRg-2BdS9wtSAiZ34NB8jsR8aplW3Txxi0t5bYkMP-2BOq4Ne3SOTYG5sh3OQVkpNt9zZjZdnb22LDndz-2BBqHfNd-2BEX53bY4hSIGugadgPh0uPjgrIleaB63HlA4QUSef0d4GlC1O3MV9cHm8nXBwu5Xy9qJaNBokEHr-2BUHEfOo7gIfMtsmZeUInO2zIiAss6P8LxFsrXJf3ssx0w2FfJQtaBEmYrrkI9pSfHkv3Bf-2FXKj9JrDZTd7kFn9c1HA-2F-2BH64XG5kEeDQnOYgBqz7SuAyD75K-2Bamw-3D-3D/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cCUzQSUyRiUyRmNsaWNrLnRoZWh1cyJ9:1kXOUN:yJZ4Gn-tkT9bFOGdFDOzLgO6KHIxv6Wxq-9ZbnIdsME" style="height:1px !important;width:1px !important;border-width:0 !important;margin-top:0 !important;margin-bottom:0 !important;margin-right:0 !important;margin-left:0 !important;padding-top:0 !important;padding-bottom:0 !important;padding-right:0 !important;padding-left:0 !important;" width="1"/>
 </body>
</html>