Some fresh ideas we’ve been working on...

Jonathan Blum Jonathan Blum

Above It All: Planet Labs (PL)

The world’s second oldest profession — spying, that is — is getting a makeover from above. A new generation of imaging and data satellites is bringing top-shelf intelligence to just about anybody.

Movies like The Bourne Identity is NOT the way to think about it.

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Jonathan Blum Jonathan Blum

All That Glitters Is Not Crypto

Inflation and concerns about war is highlight the lack of emotional reaction in virtual currencies like Bitcoin. Tactile stores of value like gold are playing fascinating new roles.

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Jonathan Blum Jonathan Blum

A Little Nip and Tuck: AirSculpt (AIRS)

Masks are coming off. Families are heading going back to the beach. And consumers are suddenly considering cosmetic procedures to revamp their looks. A family a technology enablers should benefit.

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Jonathan Blum Jonathan Blum

Bad Beat in Sports Betting: MGM Resorts International (MGM)

States are beginning to release actual financial data on the performance of newly legalized online sports betting. While the total wagered both online and in casinos, that actual taxable profits that flow to both investors and taxpayers are razor thin.

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Jonathan Blum Jonathan Blum

Luminar (LAZR) Positions Itself at the EV Crossroads

Electric vehicles are no longer science fiction. In fact, today’s freshman class of EVs feel closer to mundane consumer electronics then to traditional cars and trucks. The “PC factor” of EVs will profoundly affect consumer adoption and investor value of electric vehicles.

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Jonathan Blum Jonathan Blum

Is “Covid Flight” Real? Moving Data Says, Maybe

United Van Lines released its annual migration data survey. Covid was seen as the major driver. But deeper analysis reveals that Americans have migrated in consistent ways since the late 1970s. A pandemic was not a major factor, at least statistically.

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Jonathan Blum Jonathan Blum

Is AI Lender Upstart (UPST) Living on Borrowed Time?

Fast growing automated lending platform Upstart Holdings is showing aggressive growth. But opaque machine learning, higher than expected costs, and a grim history for alternative lending products dim the company’s prospects.

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Jonathan Blum Jonathan Blum

Losing the Cold (Class) War: American Airlines (AAL)

A Cold War is brewing. But this time, it’s not a 1960s Soviet Union vs. United States battle for global dominance. Instead, a deep and stubborn (yet not particularly violent) class war is afoot inside the modern enterprise. The battle lines of this social upheaval will not be sketched out by liner neo-19th century cadres of investors, managers, and workers,

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Jonathan Blum Jonathan Blum

The Profit-Free Economy


American companies are picking up a nasty habit of not making money. The Bureau of Economic Analysis (or BEA) announced last month that growth in quarterly corporate profits slowed in 2021. But the BEA made it clear, that if favorable tax treatments were removed, the vast majority of companies lose money.

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Jonathan Blum Jonathan Blum

Covid Crash Testing: Seat Belt Adoption Data Mirrors Vaccination Hesitancy

Consumers have a long history of avoiding the things that make them safer. For example, seat belts: Since the 1950s, Sweden's largest vehicle maker, Volvo, has studied over 43,000 vehicle collisions. From the beginning researchers faced a grim, but relentless truth: Similar to the adoption of vaccines, consumers flatly refused to make themselves safer.

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Jonathan Blum Jonathan Blum

The Great “Crypto-Swap”: Flywire (FLWY)


Cryptoswaps, anyone? A new wave of cryptocurrency-based financial firms is making traditional risk management tools, like credit default swaps and currency hedges, applicable to cybercurrencies.

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