Newmark's Door

Great question: "So just what is a promise in business—and in politics too? Where do we draw the line between hyperbole and fraud?"

Get back to me ASAP with the answer.

"Royalty Exchange is a marketplace where intellectual property is bought and sold like any other asset."

For example, ten years' of royalties for Jay-Z's "Empire State of Mind" were auctioned off for $190,500.

Emeitus Professor of Financial Economics at the UCLA B-school Bradford Cornell seems skeptical that Tesla is really worth that much.

A heckuva lot. Jeff Bezos has made my life better every day and if I ever met him I would thank him.

Reinforcing last week's post, and even stronger.

This is worth paying attention to:

Platforms attract competition from other platforms. A “Clash of the Titans” is inevitable when technology heavyweights compete with one another. Microsoft, Google, and IBM (IBM) are trying to overtake Amazon in cloud computing. Multiple competitors are seeking to challenge Shopify Inc.'s (SHOP) lead in merchant services. Disney (DIS) and a variety of media companies are trying to erode Netflix’s (NFLX) lead in video streaming.

A nice story.

So when do our fearless anti-trusters go after College Board?? Inquiring minds want to know.

Is Robinhood good news or bad news? You decide.

Ain't this the truth.

But history provides us with some much-needed perspective on how fast things can change in the modern tech economy.

Rewind the clock 15 years, to 2005, and try to remember what you did when you wanted to rent a movie. Chances are that you would drive to Blockbuster or Hollywood Video to get a physical DVD, or even a VHS tape. Today, that ritual seems antiquated and, in the midst of our current lockdown, even a bit dangerous. Yet, millions of people did it every week.