A farewell to startups. Disrupting IKEA. Life after craft beer.
Have you tried being nice?
Political arguments are not in short supply these days — Jesse Singal has some good tips and strategies for how to win. Here’s one.
Check out the rest in The Blurb below.
My heart will go on
The harsh truth is, most startups fail. This year, we’ve seen some big names shutter their doors: the Kardashians’ DASH stores, Ivanka Trump’s self-named brand, and Gap-owned Weddington Way all closed up shop.
Facebook’s global head of news partnerships Campbell Brown allegedly said the following in a meeting with Australian media executives earlier this week:
Folks in the media will hate on Facebook for this, but it’s an honest answer. Journalism needs a real business model, and it’s not Facebook’s job to find one for them.
Read the full article in The Blurb below.
We dug into this in more detail in today’s client note, where we talked about BuzzFeed and the native advertising panacea that wasn’t. Clients can check it out here.
Buy u a (different) drank
Craft beer sales in the US grew by 5% last year, a big drop from the 13% growth rate in 2015. Brewers are talking about the trend on their earnings calls, and they’re actively looking for opportunities beyond beer.
For example, Constellation, the maker of Corona and Modelo, just invested $4B into cannabis company Canopy Growth.
At next month’s CBI Councils meeting, we’ll take an inside look at what’s worked and what hasn’t during Technicolor’s transformation from color televisions and film processing to a world leader in services for the entertainment industry.
Want to join us at our September 5-6 meeting in NYC? If you’re a senior executive (SVP & up) at a $1B+ revenue company, apply to join us.
The Industry Standard
CB Insights data is the most trusted by those in the industry and the media. A few recent hits.