In midday trading, the stock price was hovering at just over $100 a share, up from an offering price of $42. Its opening-day pop follows a similar trajectory seen by Affirm Holdings, the online payments company that went public yesterday with a share price of $49 and soared over 80%. Both firms listed on the tech-heavy Nasdaq. … [Read more...] about Poshmark stock skyrockets in Nasdaq debut as investors rush to cash in on resale mania
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DANG! Disney stock is in the same league as tech giants Amazon, Netflix, and Google, says analyst report
The announcements in Thursday’s investor presentation included forthcoming offerings from Marvel, Star Wars, and Pixar, generating frenetic social media chatter among fans of those franchises. The full slate of crowd-pleasing content all but assures that Disney will retain its place at the top of the entertainment food chain for years to come. The presentation also left zero doubt that the company would double down on its Disney Plus streaming service as it seeks to dethrone Netflix, particularly at a time of continued uncertainty for movie theaters and other live entertainment. … [Read more...] about DANG! Disney stock is in the same league as tech giants Amazon, Netflix, and Google, says analyst report
Saving An Iconic Brand: Five Ways Alan Mulally Changed Ford’s Culture
Building cars and trucks that people actually wanted This might seem like a no-brainer, but in Detroit in 2006 it bordered on radical thinking. Like General Motors and Chrysler, Ford was locked into union contracts negotiated in better times that prevented it from laying off workers or closing plants. So it filled those factories with cheap vehicles and sold them at a loss.top-to-bottom reboot of the product lineup. From now on, every new Ford would be the best vehicle in its class. This product renaissance would not be cheap and Ford was running out of cash, but Mulally insisted on it. “You’ve been going out of business for 30 years,” Mulally told Bill Ford. “This is how to get back in it.” … [Read more...] about Saving An Iconic Brand: Five Ways Alan Mulally Changed Ford’s Culture
How To Connect People Who Are Fired Up For Change
When you build a brand, one of the most important measures of success is the actual engagement and connection of your loyal customers, followers, supporters, partners, fans and friends–your community. With the arrival of the digital age and 24/7 connectivity, social platforms are forcing companies to find new and compelling ways to keep up with daily communication and connection with the people who matter the most. Marketers are being forced to change their habits, moving from a reliance on traditional content marketing to editorialized “content curation” that delivers compelling points of view in an organized, entertaining or educational fashion, offering consumers different reasons to connect and engage with brands. So, if you’ve spent the past decade focused on content marketing, how do you make the switch to digital curation? … [Read more...] about How To Connect People Who Are Fired Up For Change
The “dozen-bagel” secret to preserving startup spirit as your company grows
Last, to measure progress against this mission, and to know if customers are being served by the team’s existence, they need measures of success. Many companies would consider these objectives, as in a Management By Objectives (MBO) system or an Objectives and Key Results (OKR) system. Call it what you will, but I believe these should be relatively long-lived measurements that tell the story of progress toward the stated mission, versus objectives that change quarterly. For example, when our Infrastructure got started, our build system, which packages our code for deployment to servers, was horribly broken. It could take half a day to build and deploy our software, and half of the time the build would fail for unknown reasons. It was killing developer productivity. So the Infrastructure team took on a measure of “time from code check-in to deployment.” In the short term, it was clear they had some cleanup to do, but over the long term, this is a clear measure of … [Read more...] about The “dozen-bagel” secret to preserving startup spirit as your company grows