Our podcast on markets, the economy and business. This week, our interview with Armin Papperger, the CEO of Rheinmetall https://t.co/ON2RJY2taF ...

Creator Economy & Platform Dynamics - TikTok is a significant platform for creators and Fortune 500 companies due to its enormous attention and continuous innovation [1][2] - Creators need to build their own business and own their audience outside of any single platform to build a viable, durable business [3][4] - Over-reliance on one platform makes creators vulnerable, highlighting the importance of diversifying across multiple platforms [6] Monetization & Business Strategies - Stan aims to empower anyone to make a living working for themselves by providing tools for building an online business [7][8] - Stan offers tools for $29 per month, including website, courses, subscriptions, and product sales, to help creators monetize their attention [8] - Creators need education and accountability, not just tools, to succeed as entrepreneurs [9] - The individual empire is upon us, with the long tail of monetization enabling individuals to build businesses around their interests [20] - Creators need a tech stack to convert attention into bigger economics beyond ad revenue or brand deals [21] Content & Engagement - Giving value to the audience is crucial; creators should focus on providing value rather than just trying to sell something [14][15] - Creators should be strategic and diversify across platforms, as content that resonates on one platform may not resonate on another [18][22] - Building a resilient brand requires an omnichannel approach, repurposing content to new platforms [23][24]

Business, Sports, and Culture Intersection - The show focuses on the intersection of business, sports, and culture, highlighting the cultural impact of sports in a polarized world [11][12] - Guests open up and share insights, creating a level of intimacy, as seen with Bill Belichick's rare business-side interview [5][6] - The podcasting industry emphasizes consistency, with the show dropping one episode every week [9] Sports Industry Dynamics - New owners in sports are more sophisticated and willing to take risks to innovate and create moats around their assets [15] - Institutional capital is entering the sports landscape, providing liquidity and growth opportunities for professional sports teams [20] - Gambling and increased money are changing sports, with new data points showing increased viewership during blowout games due to fantasy football [21][22] College Sports Transformation - The business model of college sports has radically changed, with increased money and the ability for players to be paid [25] - Players are now being offered significant sums of money to play for universities, such as $4 million for a quarterback to play for the University of Miami [26][27] - The lack of a collective bargaining agreement and union in college sports creates instability and challenges in managing players [28][29] - College football is becoming an extension of the NFL, with players potentially opting to stay in college longer due to lucrative deals [32][33] Team Ownership and Management - Alex Rodriguez's ownership of NBA and WNBA teams provides unique insights and perspectives in conversations with guests [17][18] - The Miami Heat recently appointed Matthew Caldwell as the new CEO [19] - The Atlanta Braves generated $75 million in excess cash flow, representing a potential new model for sports teams [16]

Our podcast on markets, the economy and business. This week, how Donald Trump’s fight with the Fed escalated in a usually quiet corner of Wyoming https://t.co/jUs00q1TQv ...

Customer Service & AI Application - Sierra is experiencing unprecedented customer interest, revenue growth, and customer momentum in the AI-driven customer service space [2] - Sierra is a leader in applying AI to customer service, serving traditional companies like ADT Home Security and Direct TV, as well as fast-growing Silicon Valley companies like Ramp [3] - Sierra's AI agents are solving problems autonomously, with Ramp's agent resolving 90% of customer cases without human intervention [10] - Sierra is conducting hundreds of millions of phone calls and digital chats on its platform annually [13] - Sierra went live with an international retailer in 15 markets in six weeks, automatically solving 85% of their customer service cases [21] Business Model & Pricing - Sierra employs an outcome-based pricing model, charging customers only when it autonomously solves their problems [6] - The outcome-based pricing model aligns Sierra's interests with its customers, as they only pay when Sierra saves them money and solves customer problems [7] Customer Base & Market Position - Over 20% of Sierra's customers have over $10 billion in revenue, and over half have over $1 billion in revenue [9] - Sierra serves a wide range of industries, including health insurance and banking [8] Expansion & Growth - Sierra has opened offices in New York, Atlanta, and London, with plans to expand into Asia [12] - Sierra raised $175 million last year led by Greenhouse Capital [17] - Sierra is open to raising more capital to facilitate faster growth and serve multinational corporations in Europe and Asia [17] Technology & Talent - Sierra focuses on applying existing AI models to solve problems, rather than building frontier models [19] - Sierra is not directly competing for the researchers building foundation models, but acknowledges a competitive market for talent in the AI application space [22][23]

Economic Concerns & Business Climate - New York City has lost approximately 118,000 residents, resulting in a loss of about $118 billion in wealth to southern Florida [4] - The candidate proposes slashing taxes to prevent further capital flight and business relocation to states like Georgia, North Carolina, South Carolina, Texas, and Tennessee [5] - High taxes, including corporate taxes at 175% compared to Miami's 55%, are driving businesses away [8] - Small businesses south of 60th Street are struggling due to lack of foot traffic, making it difficult to pay leases [7] Policy Positions & Political Landscape - The candidate opposes congestion pricing, viewing it as another tax burden on those working in Wall Street [5][6] - The candidate criticizes a leading opponent's socialist policies, suggesting they would lead to further exodus from the city [9] - The candidate advocates for Republican principles, including slashing income, property, and business taxes [8] - The candidate is the only one supporting strict enforcement of fare payment on buses and subways [11] - The candidate opposes non-citizen voting and supports putting sanctuary city status to a public vote [12] Animal Welfare - The candidate supports protecting animals, advocating for no-kill shelters and jailing animal abusers [3]

There’s so much money in AI it’s actually ridiculousI need to find a legitimate use case for AI and scale a business to multi billions within the next 5 yearsI’m serious about thisIf you have ideas or want to brainstorm let’s cook ...

Political Landscape - The Democratic Party is experiencing a schism between socialist and mainstream factions [2] - A socialist candidate is running on the Democratic line, while a Democrat is running as an independent [3] Business Concerns - Businesses are likely to leave the city if Mamdani wins due to his anti-corporate and anti-capitalist stance [4][5] - Mamdani's philosophy of government control over production and free government-run grocery stores is alarming to the business community [4][5] - Post-COVID mobility allows businesses and wealthy individuals to relocate, exacerbating the potential for economic flight [5] Election Dynamics - The mayoral election primary had a low turnout of about 20% of registered voters [6][7] - The election is considered shocking and alarming due to anti-Semitism and the prospect of electing a socialist [7] - The candidate's lack of experience in managing a large organization and budget is a concern [8] Voter Motivation - High rates of anti-Semitism in the city and the large Jewish population outside of Israel are significant issues [7][8] - The election presents a dramatic shift, motivating people to vote [9][10]

RT Bloomberg Live (@BloombergLive).@BloombergLive is delivering insights into the latest developments at the intersection of sports, business and innovation at #PowerPlayers in New York 9/4. Request an invitation here: https://t.co/vvYlp8iNTN https://t.co/QKfTIO3K3q ...