GIBBI, Today
In this newsletter I write the 5 most important news that I read in the day about businesses, finances and sports in México and in the World.
Stories:
Bluesky Tops 20M Users
Jake Paul-Mike Tyson Fight Drew 108 Million Viewers
The United States Should Print $250 Billion & Buy Bitcoin
Bills Have Deals In Place To Sell More Than 20 Percent Of Team
7-Eleven Owner Surgers On Report Ito Family Seek Deal
Bluesky Tops 20M Users (Tech Crunch)
Yesterday, Bluesky has hit a major milestone: it’s topped 20 million users. What’s more, new data indicates the app’s rapid growth is seeing it close the gap with another prominent X rival, Instagram Threads, across metrics like daily active users and website visits
Bluesky’s user base is still much smaller than Threads, which recently reported north of 275 million monthly active users. However, if Bluesky’s current rate of growth holds up, it could catch up with Threads in time, market intelligence firm Similarweb believes
On the U.S. App Store, Bluesky became the No. 1 app on November 13 and has not lost its position since, according to app intelligence provider Appfigures. That puts it ahead of Threads (No. 4) and X (No. 41)
GIBBI View: Remember that last week I wrote here that Bluesky had crossed 15 million user mark, and in less than one week Bluesky added another 5 million users so if they follow this rythm they could reach Thread and X in less than 5 years, I see very difficult that this could happen but Bluesky has been benefited for X’s problem in Brazil and that Elon Musk (X’s owner) has supported Donald Trump (U.S. President Elected)
Jake Paul-Mike Tyson Fight Drew 108 Million Viewers (The Hollywood Reporter)
The streamer says 108 million people worldwide watched social media star-turned-boxer Paul beat the 58-year-old former heavyweight champion
The 108 million figure comes two days after Netflix said 60 million of its member households worldwide (about one of every five subscription holders) watched the bout, with a peak of 65 million concurrent streams
The NFL said February’s Super Bowl LVIII had a global audience of about 186 million people (123.7 million domestically), and soccer’s governing body FIFA claimed more than 1 billion saw the 2022 men’s World Cup final between Argentina and France
GIBBI View: Netflix will stream two NFL Games on Christmas, so yesterday I wrote that I think that each game will be watched for more than 70 million household (140 million for two games), so let’s see if I’m right with this prediction
The United States Should Print $250 Billion & Buy Bitcoin (The Pomp Letter)
The United States should print $250 billion on the first day of Donald Trump’s presidency and put 100% of the proceeds into bitcoin
That $250 billion could purchase just under 2.8 million bitcoin at the current ~ $90,000 price
If the US started to purchase bitcoin, the price of the asset will obviously increase though. So let’s say the average purchase price of the US bitcoin is $150,000. That means we could buy 1.6 million bitcoin with our newly printed $250 billion
GIBBI View: Mr. Pomp is a very smart guy, He’s a millionaire and knows a lot of finances and investments, but I think that his “ambition” with bitcoin makes that he can start to say “fool” things, I’m not an expert but I think that this wouldn’t be the best solution to reduce the U.S. deficit
Bills Have Deals In Place To Sell More Than 20 Percent Of Team (Pro Football Talk)
The Bills have deals in place to sell more than 20 percent of the franchise. A group of business executives will buy 10.6 percent of the team, and private-equity firm Arctos Partners will buy 10 percent
If the deals are approved, Terry and Kim Pegula will continue to own more than 79 percent of the team. They paid $1.4 billion for the franchise in 2014, buying it from the estate of Ralph Wilson
The financial terms of the minority deals have yet to be reported. The valuation presumably is much higher than the price tag from a decade ago
GIBBI View: Remember that this last summer, Dolphins proposed to sell 10% of equity to a private firm, so Bills will be the second time that will sell equity to a private firm, so now let’s see more NFL Teams that will sell equity to private firms
7-Eleven Owner Surgers On Report Ito Family Seek Deal (BNN Bloomberg)
Shares of Seven & i Holdings Co. gained as much as 11% after Japanese broadcaster NHK reported the founding family of the retail giant is looking to complete a deal to take the company private by the end of its fiscal year in February
A special-purpose company established by the founding family and other parties is working on a plan to conduct a takeover bid for the entire firm, and is looking to raise more than ¥8 trillion ($51.7 billion) from megabanks and US financial institutions
Any deal could be presented as an option for shareholders in the event that Alimentation Couche-Tard Inc. becomes more aggressive with its pursuit of Seven & i and makes a tender offer
GIBBI View: It’s amazing how Japan Goverment and Japan Public Companies are so protectionism and don’t want that Foreign Private Firms can get the control of Japan Public Companies, so for that reason Japan Public Companies prefer to become private and loss money instead of give up control and generate more money

