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Dan Price
DanPriceSeattle
I grew up listening to Rush Limbaugh 3 hours a day as a home-schooled kid. My parents idolized him.5 years ago my parents called me: "Rush is about to talk
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In pandemicPostmates sold for $2.6BGrubHub stock douledDoorDash founder made $3BUber Eats revenue up 125%They charge restaurants 30% feesRevenue for small restaurants we serve: down 45%. With delivery fees, they can
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There is no connection between the stock market and reality.A thread:1. Airlines spent 96% of free cash flow on stock buybacks for a decade, then cut 90,000 jobs as soon
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"$15 an hour will increase prices"Costco: pays workers well, same prices as Walmart's Sam's ClubIn-n-Out: pays workers well, same prices as McDonald'sBest Buy, Target & Home Depot: raised pay 20%
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Compared to white people:*Black-owned homes devalued 23%*Black-owned property taxes 13% higher*Bank fees 2x higher for black customers*Black-owned biz closed at twice the rate in pandemic*Black people w/ NO criminal record
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Our company revenue is down 1% this year, the first time in 17 years we didn't growWe choose to do 0 layoffs & gave small raises, crushing our profitAs CEO
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A brief story of the huge wealth transfer quietly transforming America:The small business recovery has plateaued. For 2 months, revenue has been down 15-20%, the same as the 2009 peak.Basically
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A record number of companies are headed to bankruptcy. Most are doing massive layoffs and may not survive. How are there execs doing? A threadHertz: Gave execs $16M in bonuses,
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