Trung Phan
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staple dad move (no matter the venue)
McDonald’s is often called a real estate firm dressed up as a fast food chain.
It’s true.
Per the latest annual report, it owns a whopping $42B in real estate and rent account for 36% ($8.4B) of the chain’s total 2021 revenue ($23B).
I wrote more here: https://trungphan.substack.com/p/mcdonalds-42b-real-estate-empire
“There’s only two ways to make money in business: One is to bundle; the other is unbundle.”
— Jim Barksdale
“Skynet begins to learn at a geometric rate. It becomes self-aware at 2:14 a.m. Eastern time, August 29th. In a panic, they try to pull the plug."
Kids these days don't know the misery of being a Marvel fan at the movies pre-MCU. We were in the trenches, man. Howard the Duck. Elektra. The Punisher movie. The other Punisher movie. The other OTHER Punisher movie. https://twitter.com/TrungTPhan/status/1540323276349505537
In 1998, Marvel offered Sony the film rights to all of its characters for $25m.
Sony only wanted Spider-Man and cut a deal for $10m.
The Marvel Cinematic Universe has since grossed $30B+. And Sony’s desire to build its own universe is how we got Morbius.
Here’s the story🧵
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