Good Friday Morning,
Daylight – We will get to the sh*tholes later. But first a TGIF booster shot thanks to the U.S. tax reforms. Delta confirms company’s earnings will pop an additional $800 million a year or one dollar per share in 2018 – all on the back of the lower corporate tax rate. Trickle down a text system to update passengers a few hours from departure.
Culture – Domino’s CEO Patrick Doyle an exit example to follow. “There’s a rhythm to these things, and this is the right time to do it,” Doyle said, adding that he “couldn’t be more thrilled” about his Number Two Allison taking over. “I’ll run hard until the end of June, take the back half of the year off and figure out what I’m going to do next.” He has been on the job for 8.5 years. It’s called a clean exit with a grand slam.
By the way, Chipotle’s stock went up yesterday just on sheer speculation that Doyle might take that job. It will come down.
M&A – S&C Technologies Holdings is in advanced talks to acquire DST Systems for more than five billion dollars.
InMobi acquired AerServ, a mobile SSP and monetization platform, for $90 million.
Buzzard’s Roost – If you get lost in a Trump sh*thole remember two words “tea,” the other being “chai.” Talk to essentially any human and say those two words, and they’ll catch your meaning. The universal nature of those two words is partially due to how they spread; land trade routes exported the word “chai,” and sea trade exported the word “tea” and their derivatives.
Economics – $4,000 Treadmill Means for the Future of Products. At CES, Peloton previewed its next product release beyond its successful spin bike, which sells for two grand and $39 a month for access to online content and classes. The treadmill has a 32-inch screen and a recurring revenue stream.
Style – The best thing about their model is that they talk to their customers every day instead of the automobile dealership model where they sold you a car, and you only came back when there was a problem and a bill. Think of a way to talk to your customers every day. By the way, you can get a barely used treadmill on Craigslist for $500. Last year, startup Peloton had over $400 million in revenue. Dominos and Peloton?
Live Rounds – Buried in emails on the Georgia loss in the National Championship, but it’s ok. My best guess is God decided it would not be fair for us to win a Super Bowl, College Championship, and land Amazon. By the way, we are back in first place.
By the way, Natalie Mikolich, I got your tweet on the roof leaking since August. It seems like Atlanta has adopted the Waycross rule: If you can’t fix it, paint it. Natalie, do you have to be a tennis pro to be in that fancy Twitter newsfeed? By the way, the picture of University of Miami at the top is a coincidence. Did you all finish in the Top 25 after those three straight losses? Speaking of social media…
Hot – Facebook plans clickbait crackdown. Facebook will introduce sweeping changes to its newsfeed next week, removing clickbait and what the social network decides are low quality news publishers, while prioritising posts from friends and family. Zuckerberg’s speed of execution is still faster than a slick start.
The world’s largest social network will unveil the change imminently, according to people briefed on the plans, hoping to differentiate between salacious content and quality news. “Zuckerberg has finally realised that not all news is equal,” said one publisher briefed on the plans.
Investment Banking – Seacoast Capital exited its investment in Mountain Alarm, a maker of residential and commercial security and fire alarm systems.
Hedge Funds – Sheridan Capital Partners invested in SpendMend, a provider of spend visibility and audit recovery services to the healthcare industry.
Venture Capital – Reviver Auto, a creator of a digital license plate, raised $11.1 million.
Sync-Think, a developer of eye-tracking technology products, raised $3.5 million.
Cadre, a real estate investment platform, raised $250 million.
Voyage, a self-driving taxi service, raised $15 million.
YieldStreet, an alternative investment platform working to change the way wealth is created, raised $113 million.
minuteKEY, a network of self-service kiosks for accurate key duplication, raised $83 million.
Skyword, a provider of content marketing software and services, raised $25 million.
Spotlight – Tomorrow at 4:00 p.m., we will have our first Entrepreneur Channel TV show “Pardon the Disruption” with a panel of Entrepreneurs and Athletes on the NFL playoffs winners and losers.
Join in and you can jump in with comments. Working with Zoom, we are close to having the broadcast network in the cloud with no hardware required. By the way, one of the panelists is QALO’s number 2 KC.
When: Jan. 13, 2018 4:00 PM Eastern Time (US and Canada)
Topic: “Pardon the Disruption” NFL Playoffs.
Register in advance for this event.
Exits – Vidaris acquired C2G International, a provider of claims, dispute, litigation and project advisory services for the construction industry.
Winchester Interconnect acquired C&M Corporation, a maker of wire, cable and coil cords.
Venture Capital – CryptoMove, a cybersecurity startup, raised six million.
Fritz, a computing platform for mobile developers, raised two million.
FloDesign Sonics, a provider of acoustic separation technology, raised funding.
Private Equity – Techniks Industries acquired Eide Saw, a reseller of and service provider for carbide tipped saw blades and band saws primarily used for cutting wood and non-ferrous metals.
General Atlantic invested in Alkami Technology, a provider of digital banking solutions to credit unions and banks.
And that’s what’s ahead, Cliff