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☆ Does She Airwrap? How Dyson’s $600 Hair Styler Became a Sensation
▼ + stars: | 2023-02-20 | by ( Rory Satran | ) www.wsj.com time to read: +1 min

The U.S.—land of pageants, cheerleaders, Hollywood, and, now, self-care and YouTubers—has always been a hotbed of perfectly groomed hair. Even at that prohibitive price, the Airwrap, launched in 2018, continually sells out. On TikTok, a seemingly endless stream of Airwrap-focused videos—from tutorials to takedowns—have been viewed over four billion times. Horses, babies and luscious-locked “Queer Eye” star Jonathan Van Ness have all gotten the Airwrap treatment. On Etsy, you can choose from hundreds of bespoke racks to store your Airwrap.

☆ The pandemic may have ended the auto industry's age-old battle for market share
▼ + stars: | 2023-01-16 | by ( Alexa St. John | ) www.businessinsider.com time to read: +4 min

Automakers have spent decades battling each other for market share. Before COVID, automakers often treated market share as the key to their success. "Market share for market share's sake comes at a cost," Kristin Dziczek, Federal Reserve Bank of Chicago policy advisor, said at the firm's annual auto insights symposium in Detroit. Dropping market share doesn't concern GM and FordHowever, the long-standing industry-leaders don't seem worried about growing market share for the likes of Hyundai and Tesla (at 10.6% and 3.8%, respectively, in 2022, per Kelley Blue Book) — and it might mean that the battle for market share is over. "There's going to be more of a focus on more of those high-profit-type vehicles," Stoddard said.

☆ It's becoming increasingly clear Tesla is just another car company
▼ + stars: | 2023-01-06 | by ( Nora Naughton | ) www.businessinsider.com time to read: +4 min

Tesla has been resorting to the same tricks car companies use to paper over their problems. Tesla cuts pricesAt the end of 2021, rental-car giant Hertz said it had ordered 10,000 Tesla Model 3s for its fleet. The announcement was met with excitement from EV boosters, but automotive industry experts and executives wondered at the time if this was an early sign of over-building at Tesla. Experts think discounts will continueMeanwhile, Tesla's stock price is plummeting amid Musk's controversies at Twitter and worries from analysts that the car company is essentially operating without a CEO at the moment. Experts and analysts will be watching to see if the electric car company returns to its no-discount way of life, or continues to pull from old industry playbooks.

☆ Rep. Jimmy Gomez takes his baby to the Capitol during House speaker votes: ‘We have to normalize Dads'
▼ + stars: | 2023-01-05 | by ( Danielle Campoamor | Danielle Campoamor Has Been Published In Teen Vogue | Harper'S Bazaar | ) www.nbcnews.com time to read: +7 min

Rep. Jimmy Gomez, D-Calif., knew things could go awry during the House speaker vote on Tuesday. It was new for Gomez’s family members, who had plans to watch Gomez be sworn in for a fourth term and then tour the nation’s capital. “But that took another 30 minutes.”Gomez had planned on being on the House floor at 11:30 in the morning. “In the end, we have to normalize dads taking their kids with them, be it stay-at-home dads or working dads,” Gomez says. I mean, babywearing is cool now!”On Wednesday, Gomez and his family, along with Hodge, returned to the House floor as Republican members tried again to elect a speaker.

☆ Sam Bankman-Fried ‘Wasn’t Even Trying’ to Manage Risk at FTX, He Says
▼ + stars: | 2022-12-01 | by ( Richard Vanderford | ) www.wsj.com time to read: +5 min

“I wasn’t even trying, like, I wasn’t spending any time or effort trying to manage risk on FTX,” Mr. Bankman-Fried said in an interview with George Stephanopoulos of ABC News that was broadcast Thursday on “Good Morning America.”“I don’t know what to say,” he said. A lawyer for Mr. Bankman-Fried didn’t respond to a request for comment. Risk issues weren’t seen as a “core business driver” at FTX, Mr. Bankman-Fried said in Thursday’s interview, adding that he did a “pretty incomplete job” at oversight. Mr. Stephanopoulos questioned Mr. Bankman-Fried about speculation that he might ultimately spend time in prison in connection with the problems at FTX and Alameda. Mr. Bankman-Fried said that a lot of things worry him right now, but that he would let regulatory and legal processes play out.

☆ The CEO of massage startup Squeeze is borrowing Drybar's playbook to build a self-sufficient franchise model. Here's what it looks like.
▼ + stars: | 2022-11-11 | by ( Alli Hoff Kosik | ) www.businessinsider.com time to read: +8 min

Brittany Driscoll is Drybar's former VP of marketing and the current CEO of Squeeze massage studios. When Webb and Landau asked Driscoll to become CEO, Squeeze was born, with Webb still on board as an advisor. Here's how the Squeeze team is doing it. "These are long-lasting partnerships, and we want to make sure we're finding the very best fit for both Squeeze and the franchisees," Driscoll said. It's all seamless and built in so that the operating partner and their team can focus on creating a great experience."

Jordan Vonderhaar | Bloomberg | Getty Imageswatch nowSaylor was speaking on CNBC's "Squawk on the Street" as FTX's demise roiled the crypto market. Bitcoin tumbled 19% in December, as investors rotated into assets deemed safer in a tumultuous economy. David Marcus, former head of crypto at Facebook parent Meta , used a phrase that would soon enter the lexicon. "It's during crypto winters that the best entrepreneurs build the better companies," Marcus wrote in a Jan. 24 tweet. Ryan Gilbert, founder of fintech venture firm Launchpad Capital, said the crypto world is facing a crisis of confidence after the FTX implosion.

☆ How crypto billionaire Sam Bankman-Fried survived the market wreckage and still expanded his empire
▼ + stars: | 2022-09-16 | by ( Kate Rooney | ) www.cnbc.com time to read: +11 min

FTX also extended $500 million to struggling Voyager Digital, which later declared bankruptcy, and was in discussions to acquire South Korean crypto exchange Bithumb. While Bankman-Fried's cryptocurrency exchange FTX is suffering from the downturn in digital assets, he said market share growth helped offset the pain. FTX Trading Ltd. is headquartered in Antigua, with FTX Derivatives Markets based in the Bahamas, where Bankman-Fried lives. FTX Trading has acquired companies in Switzerland, Australia, Cyprus, Germany, Gibraltar, Singapore, Turkey and the United Arab Emirates, among other countries. watch nowLike Buffett, Bankman-Fried signed the Giving Pledge: a promise by the world's wealthiest individuals to donate the majority of their wealth to charity.

☆ I own a $950-per-night 'dome house' in Joshua Tree. It's taught me even unique Airbnbs aren't easy money.
▼ + stars: | 2022-09-08 | by ( Jamie Killin | ) www.businessinsider.com time to read: +7 min

Stephanie Monroe owns a "dome house" Airbnb with her husband in Joshua Tree, California. But in 2020, we decided to branch into Airbnb ownership and bought our "Serenity Dome House," as we call it, in Joshua Tree, California, right before the pandemic as a deferred retirement job. There's also a lack of long-term rentals in Joshua Tree, so there's a labor shortage. Additionally, we've been doing a lot of remodeling and decoratingWe built from the ground up a two-bedroom addition to the dome house. Since taking over the property, we've put a lot of thought into how to make it better and more profitable.

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