Have you tried Temu yet? I haven't personally but here is a video about what the company is trying to do and, no surprise, it's operating on the edge of bankruptcy! An interesting case study of how you cannot just throw money at something and make it work (long-term).
Here are some key takeaways:
Temu's Fast Growth and Business Model:
-Temu, an online retailer known for selling cheap and often counterfeit items, has gained popularity rapidly within 18 months of its launch, ranking 89th most visited website in the US and 148th globally.
-The company is facing significant financial challenges, with a reported loss of over $3 billion in the previous year, primarily due to its strategy of selling items at extremely low prices, leading to a burn rate of $30 per order.
Temu's Marketing Strategy and Initial Success:
-Temu's marketing strategy involved purchasing thousands of popular products, like Nintendo Switches, and pricing them at remarkably low rates, creating curiosity and intrigue.
-The strategy generated widespread attention and discussion on social media, making Temu widely known overnight and attracting millions of users to its platform.
Key issues for consumers:
-Lackluster customer support, lost packages, privacy and security issues.
Many thanks to Logically Answered for touching on this topic! :)
https://youtu.be/GCzRfRN0GUk?si=pOvYTN5we6AduCCB
2024-02-07 22:39:20 +0000 UTC
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It's Valentine's month and my hearts are in the right places 😏 💜💜
2024-02-06 20:29:46 +0000 UTC
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Did you guys know how much power Broadcom exerts over the Internet as a whole? They even acquired VMWare! My mind was blown by this. Listen to the video or read the key points- it's an excellent conversation piece in the right circles. :)
-Broadcom is the 9th largest tech company globally with a market cap of $570 billion, having grown 74X since late 2009.
-Broadcom estimates that 99% of global internet traffic passes through at least one Broadcom chip.
Despite being a "background" company, Broadcom's influence on internet infrastructure is immense, with controversial acquisitions like VMWare for $69 billion.
-Broadcom, post-restructuring, controls the entire internet chip market, being described as a monopoly. So far, it is what it is? To be determined...
https://youtu.be/QhBrzcTQU-Y?si=6JkrIq243EvrDLty
2024-02-05 20:05:13 +0000 UTC
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When you wish for a Sunday funday, it's last call before you're back to work, and then you see my first POV reverse cowgirl clip with an out of this world climax. Enjoy and time it right! 😘🎉🍑 🍆💦💦💦
2024-02-05 01:38:14 +0000 UTC
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What's a weekend without some cosplay? 😏 Who am I when I put this on? And more importantly, what should I do? You decide 😘
2024-02-03 18:09:26 +0000 UTC
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Friday news day. It is no longer news that Big Tech is downsizing. However, it is news that the sector is going through a very real brain drain, as explained well by Logically Answered. Have a listen, or quickly go over the key points here if you are interested in the topic. :)
-Historical Attraction Decline: Big tech companies, historically attractive to top talent, are experiencing a decline in interest from superstars in software engineering, data science, and product management.
-Hiring Crisis at Facebook: Recently, Facebook faced a hiring crisis with only half of top-tier job offers being accepted. Many applicants applied to big tech companies for negotiation leverage rather than a genuine interest in working there.
-Shift in Career Goals: Superstars joining big tech often view it as a stepping stone, using it to gain experience, build resumes, and climb the corporate ladder before pursuing their own ventures or projects they are passionate about.
Repercussions for Big Tech:
-Individualistic Motivations: The diverse entry paths lead to a workforce primarily motivated by job security, maximum pay, and promotions, fostering an environment of office politics.
-Lack of Company Loyalty: Employees may prioritize personal success over contributing to the company's goals, potentially resulting in a lack of commitment to serving users and customers.
Leadership Challenges: Over time, tech leaders without formal tech backgrounds may emerge, focused on cutting costs and increasing efficiencies, potentially leading to a deviation from the factors that initially made these companies successful.
https://youtu.be/sYztMkrgAGs?si=OJ_83_CJ7XrdEZ1J
2024-02-02 19:03:43 +0000 UTC
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If I started a merch store with very, very spicy fantasy content of me, what type of merch would you like to own most of? Let me know, and I will not let you down. On the contrary ;)
2024-02-01 18:08:26 +0000 UTC
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Mirror mirror on the wall, who's the horniest of them all?
2024-02-01 17:06:39 +0000 UTC
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Just woke up like this because you just woke up like 🍆 😏
2024-01-30 18:05:14 +0000 UTC
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A classic! 😂😏
2024-01-30 00:37:07 +0000 UTC
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Oh for the love of... 😂😂😂😂😂😂 Gentlemen, I don't care if you're very much into financial markets or not, this is pure comedy gold! I literally rofl'd. Enjoy and check out the rest of the vids on this guy's YouTube! 🤣
https://youtu.be/TMO42qkPiio?si=nUdxtiRWR8lR_6np
2024-01-29 22:56:55 +0000 UTC
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Last night, I was in the mood for me. Are you in the mood for me too? 😏
2024-01-29 18:55:32 +0000 UTC
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You don't have to go swimming to get your bikini all wet 😏💦💦💦
2024-01-27 18:08:52 +0000 UTC
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Scenario 1: Where's the fuckin' report, intern?! Never mind, you're about to get disciplined! 😈
Scenario 2: We're an executive power couple trying something new 😏
Either way, you'll get more than you can handle and still want more 😏🥵🎉
2024-01-25 18:43:51 +0000 UTC
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Privacy win? 🤔
2024-01-24 23:13:42 +0000 UTC
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Playtime? 😏
2024-01-24 16:28:03 +0000 UTC
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I cannot stop laughing 😂 Courtesy of danpulzello 👍
2024-01-23 23:49:53 +0000 UTC
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Rise 'n' shine 💫
2024-01-23 17:11:59 +0000 UTC
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Hey guys, Patrick Boyle bringing us another sign of the times- startups are not the hot speculative commodity any more. No affiliation to Patrick whatsoever, but his channel is quite something. if you have time to listen to the video, enjoy. Otherwise, here are a few key points to consider :)
Startup Failures: More than 3,000 private venture-backed startups shut down in the past year, marking a significant downturn. Notable closures include Hyperloop One, Bird, Smile Direct Club, Olive AI, Zume, and WeWork.
VC Landscape: Of startups raising money, 19% received funding at a lower valuation than in previous rounds, and 38% of venture capitalists disappeared from dealmaking. The SoftBank Vision Fund alone lost $53 billion over the last two years on startup investments.
Job Losses and Layoffs: Over a quarter of a million workers at tech companies were laid off in the same period. Olive AI laid off staff citing tough economic conditions in 2022, and WeWork, valued at $47 billion at its peak, filed for bankruptcy in November.
Financial Impact: The startups that failed received approximately $27.2 billion in venture capital funding, with notable losses such as Hopin, once valued at $7.6 billion, recently selling its main business for just $15 million.
Reasons for Failures: The startup failures coincide with a shift in investor sentiment as interest rates rose. Many startups, particularly those with untested business models like gig economy businesses and robot-made pizza, struggled to achieve profitability, leading to the mass extinction event described in the press.
https://youtu.be/-V9yPGdubHQ?si=B6WUSj_Ynqwi88j5
2024-01-23 16:57:44 +0000 UTC
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Wishing you a great Monday. I know they're not easy, but here's a little something to to make it better 😘
2024-01-22 16:08:20 +0000 UTC
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If you could generate the right side of this pic, what would it look like? I'm sure you'd be in it, so I leave that part up to you 😉😘
2024-01-21 16:54:03 +0000 UTC
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Just when you think you know what to expect- you get something unexpected. A sexy, steamy, red light cosplay riding clip. 😏
2024-01-20 23:22:50 +0000 UTC
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This was pretty much my reaction too! Happy Friday! 🤘
P.S. Many thanks to Reaction TV GO.
2024-01-19 18:03:09 +0000 UTC
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Rise and shine 🍑🍆 Just finished working out- time for some tension release of your own. 😉
2024-01-19 16:39:32 +0000 UTC
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Thought this was a joke until I googled it. Here's one article about it haha https://www.bbc.com/news/world-europe-55224031.amp Old news now, some would say old as time. I'm sure that back in the old days an Etruscan husband did the same trek across Italy. 😂 Can't say I condone... but I understand. 😅
2024-01-19 03:14:58 +0000 UTC
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You spoke, you were beyond sweet, you gave me great suggestions, and I listened. Here is a little something from me to, ummm, harden you where it counts! 😘 A shower clip that made me wet and that won't leave you dry 😉
2024-01-18 19:19:41 +0000 UTC
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Mirror mirror on the wall, who's wearing clothes least of all? 😅
2024-01-17 20:13:02 +0000 UTC
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Sometimes it's the new, smaller up and coming YouTube channels that really happen to be diamonds in the rough. This is for the Canadian real estate fans, watchers and speculators out there. The rest of the content on that channel is quite interesting too.
https://youtu.be/3NzbKaCKl5M?si=WHWNg7AztKwLWLcp
2024-01-17 20:11:55 +0000 UTC
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Time to combine body heat? 😏
2024-01-16 21:32:10 +0000 UTC
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Have you guys heard that Hertz is "dumping" Tesla cars? Hot topic in EV circles.
In case you're too busy to listen or want to know what's going on but don't have time to hear it, here's a few key points from the video:
-Hertz aimed to be a pioneer in the electric vehicle (EV) rental market, making a bold move by entering into a deal with Tesla to purchase 100,000 cars.
-Hertz owns a significant share of the EV rental market, with 60% of all EV rentals in the United States. However, Hertz expected higher demand for EVs than what transpired.
-Despite initial excitement, Hertz faced challenges in renting out Teslas. Luxury cars were replaced by Teslas, leading to a decline in the luxury car rental market share.
-Customer complaints about the complexity of charging EVs and a decline in demand contributed to Teslas sitting unused in Hertz's inventory.
-To address the slow demand, Hertz partnered with Uber, allowing Uber drivers to rent Teslas from Hertz. Initially successful, the collaboration faced challenges when Hertz increased rental rates to cover maintenance costs.
-Hertz encountered difficulties in obtaining and replacing Tesla parts, leading to delays in vehicle repairs. This became a significant factor in Hertz's decision to walk away from Tesla.
-Despite Hertz owning 20% of all rental cars in the U.S., they announced they would not replace the 20,000 Teslas leaving their fleet with more Teslas or any other EVs. This decision raised questions about the perceived market demand for EVs.
https://www.youtube.com/watch?v=pgDx_JiCJEc&ab_channel=LuckyLopez
2024-01-16 21:27:51 +0000 UTC
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