McDonald’s $42B real estate empire, explained

In the fallout from Russia’s brutal invasion of Ukraine, McDonald’s officially exited the Russian market in May.  Per CNN, the burger chain sold 850 restaurants — which employs 62k people — to the local franchisee, a Siberian oil tycoon (McDonald’s says it’ll take a $1.4B charge against its earnings for the deal).   The English translation of…

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The most insane TikTok account 

Meet Trevor Rainbolt He’s a 24-year old who lives in Los Angeles. In high school, he was introduced to a game called GeoGuessr.  The objective of the game is to identify the location of a Google Street View image. Players are judged on a few dimensions: Speed of an answer Proximity to the image The…

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How Marvel lost Spider-Man

Was this email forwarded to you?Subscribe Here Today’s edition of SatPost is brought to you by Canalyst Less time modeling = More time for… Here’s an understatement: markets have been volatile in 2022. In these uncertain times, analysts need to act quickly, with higher conviction.  Enter Canalyst, the leading destination for public company data and analysis. …

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Why Steph Curry left Nike for Under Armour

Here’s footage of Steph Curry sometime between 1999 and 2002. His dad — Dell Curry — is playing for the Toronto Raptors and the younger Curry tags along to the stadium. Steph is 11-14 years old in the clip and already showing signs of what will become the greatest jump shot in NBA history.  Today, Curry…

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Can an $8B dam save Venice?

On Monday, I was minding my own business on the internet when — BAM! — the trailer for Mission Impossible 7 (Dead Reckoning) hit the news feed. My two initial thoughts: 1) this dude Tom Cruise is single-handedly keeping Hollywood afloat (the Top Gun sequel is out this weekend); and 2) wow, another movie that features Venice. For real,…

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Did Costco lose $27 billion from a tweet…

Since 1984, the Costco hot dog and pop combo has cost $1.50. Based on inflation over the past 38 years, the price of that combo should be $4.03 (on top of the fact that the hot dog’s weight is up to a quarter pound). The first Costco hot dog vendor was literally a hot dog…

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