Diego Segura
@diegosegura
designer, writer, founder. currently obsessed with monetary theory, high finance, corporate law, regretting dropping out of high school, and sudoku. author of a 2018 book, “the dropout manifesto.”
diegosegura.meDiego Segura
Instead of pursuing bold acquisitions, he is now locked in pedestrian squabbles with cable operators and union leaders who refuse to be swayed, let alone charmed.
Dylan Byers • The Iger Bunker
The industry lacks much in the way of standardization, and many developers have agreed to localize various aspects of their supply chains across innumerable states, provinces, and cities to win political backing for new projects. As a consequence, benefits from economies of scale have been difficult to realize
Get into Y Combinator
getintoyc.com
For a magazine and brand, you want to create as many connection points as possible in the service of hype and media recognition. As a consumer, you primarily just want one person or a specific audience to appreciate you, let’s say your crush or friends. It’s much more targeted. Of course, some magazines and brands act like consumers in an effort to... See more
Claire Koron Elat • The New American Dream Is Sponsored by Meta: ANA VIKTORIA DZINIC
War & Profit
puck.news
wildly interesting boom economy in Russia right now despite all of the sanctions imposed by the west
“But as usual, in Moscow, things looked very different. ‘They are even richer,’ a friend in Moscow texted when I asked him how the residents of the chic Patriarch Ponds neighborhood are living through these uncertain times. ‘It is amazing. Never seen so many Lambos and Rolls as last year.’ What about the ruble crisis, I asked? “Don’t care,” he texted. ‘They live in Russia, taking salaries in rubles and spend their money in Russia.’
A friend of his is an interior designer who has been freed by the war of competition. Her problem, she now says, is being able to finish all the jobs that have fallen in her lap, not getting new customers. Another friend, who works for a Russian oligarch, told my friend, ‘You have no idea how much money there is in Russia right now.’ Said ‘Only a fool wouldn’t be able to earn money right now.’”
apparently if you're remotely good at making money, you're making a *fuck ton* of money in Russia right now, and so long as you're transacting solely in Rubles, it doesn't really matter that the currency is collapsing
long term, however, it's gotta mean terrible things for their economy and the Ruble being weak can't be good for long
apparently there is tons of money flowing to the poorest regions of Russia for signing bonuses for soldiers, and they're even helping soldiers out with their mortgages as a way to encourage them to join the fight
in essence, there's a massive wealth redistribution going on in Russia, and it's all just coming from the country's budget and (as would make Keynes proud), trickling down throughout the entire country
which, if you think about the goals of the sanctions, is not in the West's favor, at least in the short-term
the point of the sanctions ideally would have been to create a slowdown in Russia that caused the public to lose support for the war, but if the economy is booming.......don't count on it
Tynan responds, “It was impressive. My friend Phyllis Newman said that as she walked in, a stranger came up to her, thrust out his hand and said, ‘May I introduce myself. I’m Donald Trump.’ She said later, ‘I knew then he was running for office.’ ”
Michael Schulman • The Legacy of Interview Magazine and a Trip to 1988
If you tend to blame celebrity culture run amok for our current national woes, you might find some poetry in this week’s news that Interview would fold, bankrupt, just short of its fiftieth year—mired in lawsuits over unpaid work and rampant infighting. But mostly it’s just a bummer, like hearing about an East Village punk den shutting its... See more
Michael Schulman • The Legacy of Interview Magazine and a Trip to 1988
that last part is fucking brutal
This started with the Seventh Avenue, shop-and-copy approach that has defined the industry, but no longer works with consumers on a global scale. America created the concept of lifestyle brands—it drove the rise of casualization as early as the 1950s, first through denim, then khakis, and now leggings. But the fashion itself has long been... See more
Coach & Kors’ Marriage of Convenience
“The product has to be really good, or really cheap, or both. Not in between.”
It’s very rare to be cult, and it’s even tougher to stay cult. And I think how we measure it is very subjective. But I would say it’s stuff like the number of brands that approach us for collabs. That is a strong indicator of how hot, if I may say, the brand is.
Another is when we approach ambassadors to work with us. You know, we’re a relatively... See more
Another is when we approach ambassadors to work with us. You know, we’re a relatively... See more