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- ๐ตโ๐ซ Are US TikTok users stupid?
๐ตโ๐ซ Are US TikTok users stupid?
๐ Because they're downloading a new bit of spyware
Iโm back in the office today, so S&I is back to regularly scheduled programming.
Invest in the future of betting
You probably know that the online betting industry is booming. But what you may not realize is how frustrated users are getting.
While traditional betting operators rake in billions, theyโve alienated many of their users with high fees, outdated UX, and predatory practices.
No predatory bookies.
No house edge.
Just people betting against each otherโฆon sports, politics, pop culture, and more
And a growing community of engaged users building their own betting networks with friends
Today, you have the chance to โinvest in Kutt on Republicโ and become part of this transformation.
Sports betting is on fire, but it's at an inflection point. Users are looking for transparency, fairness, and social engagement. Kutt is a place where betting is fair, fun, and deeply social.
Why invest in Kutt?
Huge market. The US alone generates $15 billion annually in sports betting revenue. It ain't going anywhere.
Unique P2P angle. Unlike traditional sportsbooks, Kutt is a peer-to-peer betting platform, meaning users bet directly against each other with no โHouseโ advantage.
Scalable business model. Kutt earns 3% on every bet placed โ lower than traditional platforms while still maintaining strong margins.
Proven traction. Kutt had $520k+ in 2024 revenue. $1 million raised from early investors. Betting is legal in 40 states, and Kutt is approved to operate in al of them.
Investment details
Learn more about Kutt
Clicking the button will:
Take you to Kutt's investment page on Republic
Give Kutt permission to email you
To learn more about Kutt without giving permission to email, โclick hereโ.
๐ฐ Market Headlines
Markets were mixed yesterday as a strong jobs report dashed hopes for aggressive rate cuts.
The S&P 500 rose 0.2%, the Dow Jones Industrial Average climbed 0.9%, while the Nasdaq composite took a loss of 0.4%.
President Biden announced $183 billion in student debt relief for 150,000 more borrowers.
RedNote topped Appleโs App Store as TikTok alternatives surged ahead of its potential January 19 ban. Its name, ๅฐ็บขไนฆ, translates literally to Little Red Book, directly referencing Maoโs manifesto.
Robinhood agreed to pay $45 million to settle SEC charges over recordkeeping violations.
Edison International shares fell 12% as investigations and lawsuits linked its utility to Los Angeles wildfires.
๐ฐ Alts this week
๐ณ๏ธ Kalshi appointed Donald Trump Jr. as an advisor
๐ซ Emma Watson raises $6.2m for her premium gin brand
๐ Synthetic diamonds are growing at ~20%
๐จ Frida Kahlo and Henri Matisse Enter the Public Domain
๐ต UMG acquires Downtown Music in mega $775m deal
โท๏ธ How Vail's business model led to a strike in Park City
๐ 2024 was pretty awful for VC, actually
๐ง Make yourself heard
๐ Would you buy your sig-o a synthetic diamond? |
๐ Ideas, trends, and analysis
Japanโs household spending fell 0.4% in November as real income rose 0.7%.
US services activity hit its fastest pace since April 2022, though manufacturing remained weak.
๐ฑ Fear and Greed Index
๐ Winners and losers
Get $20 free shares at โpublic.comโ using code ALTSCO.
Earnings, upgrades, and acquisitions
KB Home reported Q4 revenues up 19%; shares climbed on strong earnings and 41% surge in new orders.
Market movers
Johnson & Johnson is set to buy Intra-Cellular Therapies for $14.6 billion.
Amazon announced the discontinuation of its "Try Before You Buy" service for Prime members, ending on January 31, 2025.
Cleveland-Cliffs and Nucor bid for US Steel, offering high $30s per share in cash.
Netflix, Comcast, Disney, and others pledged millions to aid Los Angeles wildfire relief, supporting victims and first responders.
New York City's congestion pricing plan reduced traffic in Manhattanโs Central Business District by 7.5% in its first week.
IACโs board approved the spinoff of Angi, set for Q2, with CEO Joey Levin becoming executive chairman.
๐ Global Perspectives
๐ช๐บ ๐บ๐ธ NATO allies fast-tracked new military capability targets ahead of schedule.
๐บ๐ธ ๐จ๐ณ The US restricted AI chip exports to China while granting allies unlimited access.
๐ณ๐ฌ Suspected Boko Haram militants killed 40 farmers in Nigeriaโs Borno State.
๐ง๐ท Landslides killed 10 in Brazilโs Minas Gerais after 204mm of rain fell in one morning.
South Africa launched an operation to rescue miners trapped in an illegal gold mine, with reports of 109 fatalities.
๐ Crypto
Bitcoin fell below $91,000, shaking confidence at the $3.2 trillion market support.
BlackRock launched a Bitcoin ETF on Cboe Canada under IBIT and IBIT.U.
Capital Group took a 5% stake in Metaplanet, whose shares surged 1,700%.
Coinbase won a partial court victory as the SEC's denial was deemed "arbitrary."
Hire Ava, the Industry-Leading AI BDR
Ava automates your entire outbound demand generation so you can get leads delivered to your inbox on autopilot. She operates within the Artisan platform, which consolidates every tool you need for outbound:
300M+ High-Quality B2B Prospects
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๐ค What you said last time
โNo Substituteโ
๐ง Errata
NASA spotted a ghost island in the Caspian Sea that vanished in two years.
Scientists found a 33-foot dinosaur skull in China, a new species.
A rare comet passed Earth today, coming within 8.7 million miles.
DNA linked Jack the Ripper to Aaron Kosminski, sparking calls for a new inquest.
๐บ What to Watch Today
Thatโs all for today. Did I miss anything? Smash the reply button to let me know.
Cheers,
Wyatt
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