Toby Howell
๐ค SpeakerAppearances Over Time
Podcast Appearances
So
Yeah, and the final factor here is the GLP-1s because GLP-1s are hurting the packaged food industry as a whole, but they are helping the supplement industry because as you eat less, you want to fill some of those nutritional gaps that you are seeing in your diet.
And one thing that Grooms did very well is they hyped up their fiber offerings each week.
serving of Groons comes with six grams of fiber.
And remember, we've talked about how GLP-1 users don't get enough fiber.
They don't get enough of some of the essential ingredients that they need.
So just kind of the right product at the right time, powered by the right social media trends, Groons is crushing.
Speaking of Powell.
Not to use modern language, but he has been mogged by Warsh here because when Powell was confirmed in 2018, he was thought to be the wealthiest Fed chair in history with a net worth between $19 million and $75 million.
Warsh is an order of magnitude above that.
Warsh, too, is a pretty influential figure in corporate America historically.
He has board positions at UPS, at Coupang, which is an online retailer.
So he is very well connected in corporate America.
He's made a lot of money over time.
Again, a lot of this would be divested if he is eventually confirmed.
But it was funny to see Powell was the rich guy who became FedShare, and now the person who's replacing him is ever richer.
All right, moving on.
Amazon is stepping into the arena to compete with SpaceX, and the arena is space.
Yesterday, the company announced it's buying the satellite operator GlobalStar in a $10.8 billion deal.
The deal beats up Amazon's Leo satellite venture, which has been trying to chip away at SpaceX's Starlink domination of the skies.