Jessica Alba's Honest Co. Slashes Its Valuation
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Re: Jessica Alba's Honest Co. Slashes Its Valuation
#2The more interesting piece is how the name 'Jessica Alba' always before the title every time it is mentioned.
Because what would they do without star power?
Note: George Clooney's billion dollar sale of a brand new Tequila company.
And we work hard on algorithms?
Re: Jessica Alba's Honest Co. Slashes Its Valuation
#3That's interesting: Does Honest Co. make Honest Tea? Because last time I was looking at Honest Tea (or however it may be spelled), every variety had added sugar. Which is not good: https://www.amazon.com/Case-Against-Sugar-Gary-Taubes/dp/030....
If their sweetened tea is any indication, they may be caught in the uncanny valley where normal people still drink soda and people who've gotten the news about sugar won't drink sweetened drinks. Leaving them with no one.
Re: Jessica Alba's Honest Co. Slashes Its Valuation
#4That's interesting: Does Honest Co. make Honest Tea? Because last time I was looking at Honest Tea (or however it may be spelled), every variety had added sugar. Which is not good: https://www.amazon.com/Case-Against-Sugar-Gary-Taubes/dp/030... . If their sweetened tea is any indication, they may be caught in the uncanny valley where normal people still drink soda and people who've gotten the news about sugar won't d…
They're unrelated businesses.
Re: Jessica Alba's Honest Co. Slashes Its Valuation
#5The more interesting piece is how the name 'Jessica Alba' always before the title every time it is mentioned. Because what would they do without star power? Note: George Clooney's billion dollar sale of a brand new Tequila company. And we work hard on algorithms?
Every vertical has its outliers. Wonder if Clooney ever saw all those tech billionaires from the 90s and thought to himself “and I did general hospital for this!?!”
Re: Jessica Alba's Honest Co. Slashes Its Valuation
#6The more interesting piece is how the name 'Jessica Alba' always before the title every time it is mentioned. Because what would they do without star power? Note: George Clooney's billion dollar sale of a brand new Tequila company. And we work hard on algorithms?
If you can bootstrap yourself into being George Clooney you too can sell water with additives to people for megabux.
Or perhaps there's so much loose capital sitting around with no purpose that it's just driving up valuations of companies to ridiculous levels because then folks would just be dumping fake money into questionably valued ventures.
"But you guys make toast, on-demand, in only one city."
"Exactly, toast on-demand!"
Re: Jessica Alba's Honest Co. Slashes Its Valuation
#7The more interesting piece is how the name 'Jessica Alba' always before the title every time it is mentioned. Because what would they do without star power? Note: George Clooney's billion dollar sale of a brand new Tequila company. And we work hard on algorithms?
> And we work hard on algorithms?
There are mathematicians (and scientists) who work harder than most programmers and are poorer than most programmers.
Re: Jessica Alba's Honest Co. Slashes Its Valuation
#8The more interesting piece is how the name 'Jessica Alba' always before the title every time it is mentioned. Because what would they do without star power? Note: George Clooney's billion dollar sale of a brand new Tequila company. And we work hard on algorithms?
If you can bootstrap yourself into being George Clooney you too can sell water with additives to people for megabux. Or perhaps there's so much loose capital sitting around with no purpose that it's just driving up valuations of companies to ridiculous levels because then folks would just be dumping fake money into questionably valued ventures. "But you guys make toast, on-demand, in only one city." "Exactly, toast o…
"If you can bootstrap yourself into being George Clooney"
Actors are the truest of commodities. Many can do it, and it's not hard.
When Hollywood 'invests' in an actor, they create the actors Brand, which the actor - then owns.
Once an actor becomes familiar with American/Global audiences, then their Brand is worth a lot.
Surely, it requires some hustle on the part of the actor - but were it not Clooney, it could have been any one of thousands of others. He was more or less 'chosen'.
Think of how many people's very intelligent work goes into creating big films - and that the surpluses mostly go to the person with the easiest job. And FYI - I understand there are such things as 'great actors' who are not commodities.
Alba and Clooney are products created by Hollywood, who just happen to own the 'IP' to their own faces.
At least with athletes ... at least there is a fair amount of credible competition for those who make it to the top.
Re: Jessica Alba's Honest Co. Slashes Its Valuation
#9The more interesting piece is how the name 'Jessica Alba' always before the title every time it is mentioned. Because what would they do without star power? Note: George Clooney's billion dollar sale of a brand new Tequila company. And we work hard on algorithms?
Every vertical has its outliers. Wonder if Clooney ever saw all those tech billionaires from the 90s and thought to himself “and I did general hospital for this!?!”
E.R. GH was a daytime soap.
Re: Jessica Alba's Honest Co. Slashes Its Valuation
#10Earlier quoted context omitted.
If you can bootstrap yourself into being George Clooney you too can sell water with additives to people for megabux. Or perhaps there's so much loose capital sitting around with no purpose that it's just driving up valuations of companies to ridiculous levels because then folks would just be dumping fake money into questionably valued ventures. "But you guys make toast, on-demand, in only one city." "Exactly, toast o…
"If you can bootstrap yourself into being George Clooney" Actors are the truest of commodities. Many can do it, and it's not hard. When Hollywood 'invests' in an actor, they create the actors Brand, which the actor - then owns. Once an actor becomes familiar with American/Global audiences, then their Brand is worth a lot. Surely, it requires some hustle on the part of the actor - but were it not Clooney, it could hav…
How do you assess that actors are chosen and not rewarded for their skill like athletes?