mmph Delta lookin thicc
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Rent the Runway Inc - Class A

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About Rent the Runway Inc - Class A

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What losing cause? Their ad business is still growing like crazy and the increase in ad impressions can definitely be attributed to their use of AI. Also there is not enough compute power in the market overall, so whatever infrastructure they build it can utilized. Worst case they rent it out and make it worthwhile...
This is every wsb. Line goes up slightly, modest gains, then big spike, discovers 0dte options, day trades, makes bank, then the inevitable loss, chasing a loss with a double down, more loss, a slight bounce just to give em fuckin hope, then gamble the rent. And on and on and on. Meanwhile they could’ve taken that first big win, stuck it in an index etf and some fixed income/high dividend preferreds and sat back with a nice nest egg.
AI will never replace me because I am really good at rent seeking at my job
Bye bye Spirit. JetBlue is next. Turns out low budget carrier airlines cannot take elevated fuel prices, caused by Iran war. Even if the merger went thru back in 2024, they’d probably be in similar shape. Their business model wasn’t designed to be able to handle any baseline cost increases, like fuel. Meanwhile their CEO banked 950k last year with a 2million sign on bonus, and 2million retention bonus. The CEO before that was paid something like 6.5million in 2024. Corporate capitalistic greed/horse fuckery. Not perfect, largely messy. C levels and up rewarded at the top for 2 corporate bankruptcies and now a failed business. 17,000 employees now filing unemployment and not sure how to pay their rent next month.
The evil blackjack dealer took my rent money again 🥺
I took Spirit a few times. Never had a problem with them until one time they cancelled a flight because the stewardess didn't show up. I had to rent a car and drive across the country because I was due for work the next day. It was good when they worked. I never used spirit after this incident. I'm not surprised this happened.
Airlines have horrible margins. Having to buy or rent the planes itself is already a huge drag on their earning potential with devalauing assets and costs for maintenance. Id say theyre arguably even worse than running a restaraunt. The only upside of an airline business is the sheer size of the revenue generated from an airline. Because youre exchanging hands on the flow of a huge amount of cash constantly it becomes easy to borrow money against and also pay high payouts to corporate/owners.
Prison booty story #217 I'd rent out Brody for a pack of cigs. Then trade the pack for some other booty I liked.
That revenue was artificial and pumped up by the previous board opening too many loss making stores, that revenue was costing more to generate that it was brining in. RC has stabilised it to actual profit by eliminating the high rent, low turnover stores. Boston Consulting Group had been providing the previous board with bad advice. Some say in a deliberate move to sabotage the company from the inside. The shorts could have then made bank off it's collapse. They would have got away with it too, if it weren't for you meddling kids and that mangy mutt!
Wow a garage is pretty sweet but yeah that's too much land $ There is a mobile home park in Pacific Palisades (LA border) on top of a hill by canyons and it's the most expensive $$ one I've ever seen. Rent there was 1275 a month in 2015, wonder what it is now
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