GIBBI, Today

Jan 14, 2025

Stories:

E-commerce giant eBay has announced plans to acquire Caramel, a startup that helps car sellers and buyers complete the final steps of the transaction — including verification, financing, paperwork, ownership transfer, insurance, and more
In the automotive realm, specifically, eBay has acquired several startups to stay ahead of the curve, including advertising and marketing tech company Cargigi, as well as U.K. classifieds site Motors.co.uk
Caramel can be used to complete sales initiated through independent dealerships or marketplaces, including eBay. At the point of checking out, Caramel is provided as an option to verify the individuals’ identities, handle title transfer and registrations, and transfer funds
GIBBI View: Interesting article because if my business idea can become a startup, GIBBI CarSharing, I could use Caramel to provide a safer service in the rent of car; also, I decided to enter in transportation sector with my startup because I understood that the cars aren’t going to dissapear and this kind of news movitate me more to keep going with my project

So if you want to understand wokeness, the question to ask is not why people behave this way. Every society has prigs. The question to ask is why our prigs are priggish about these ideas, at this moment. And to answer that we have to ask when and where wokeness began
The rise of social media and the increasing polarization of journalism reinforced one another. In fact there arose a new variety of journalism involving a loop through social media
Wokeness is sometimes described as a mind-virus. What makes it viral is that it defines new types of impropriety. Most people are afraid of impropriety; they're never exactly sure what the social rules are or which ones they might be breaking
GIBBI View: It was a bored article to read but I read it because I follow him in X and he’s the founder of YC; I don’t agree in most of what he posts in X or the article he writesin his blog but he’s a very smart guy; I’ve commented in his post in X that he changed his way of thing since Trump won U.S. Presidential Election last november, and now he’s trying to “support” right wing to avoid any personal and business problem with U.S. Goverment

The owners of Crumbl are exploring a sale that could value the popular cookie chain at nearly US$2 billion, including debt, according to people familiar with the matter
The Lindon, Utah-based bakery franchise chain is working with investment bank North Point on a sale process that could attract interest from private equity firms, the sources said, requesting anonymity as the matter is confidential
The owners of the cookie chain are hoping to command a valuation for the business equivalent to more than 10 times its annual earnings before interest, taxes, depreciation, and amortization of nearly $150 million
GIBBI View: Actually there’s not any Crumbl franchise here in México, so I’ve always wanted to create my own restaurant holding where I can add several franchise of the most popular restaurant of U.S. (McDonald, Domino’s, Starbucks, Wendy’s) and manage them here in México, so I think that I’d like to bring a Crumbl franchise here in the country

Billionaires Mat and Justin Ishbia quietly bought a small stake in the Chicago White Sox in 2021. MLB ownership bylaws would force the brothers to sell the previously unreported LP interest if they’re successful in their pursuit of the Minnesota Twins
Justin Ishbia is planning to lead a bid to purchase the Twins, as Sportico reported last month. His offer would likely include Mat and other investors. The Twins are worth $1.7 billion, according to Sportico’s most recent valuations, ranking 19th in the 30-team league
The bulk of the Ishbias’ money comes from Michigan-based United Wholesale Mortgage, now UWM Holdings, which was founded by their father. Mat, who now runs the company and is worth about $8.6 billion, owns a 71% stake in UWM; Justin, worth about $4.7 billion, owns 22%
GIBBI View: The U.S Sport Teams (NBA, NFL, MLB, NHL, MLS) are a great asset to invest because these teams are going to increase their value each year even that the teams that they own don’t have a good season nor make the playoffs; my prediction is that we’ll see owners that will have a majority stake in 3 or more U.S Sport Teams

The 94-year-old announced last year that nearly all his remaining wealth will be directed to a new charitable trust overseen by his three children. This move marks a significant shift in Buffett’s philanthropic strategy and reflects his enduring belief in family values
Buffett’s charitable trust will be managed by Susie, Howie, and Peter Buffett. The trio of siblings will eventually have to reach unanimous decisions on how to use the money, though Buffett has given them broad guidance: Focus on helping people who have not been as fortunate
One major change in Buffett’s updated plans is that donations to the Bill & Melinda Gates Foundation will stop after he’s gone. Since 2006, he’s given over $39 billion to the foundation, but he’s now entrusting his kids to handle what’s left of his fortune instead
GIBBI View: In the end, you’re going to trust your wealth to your family or people that you must trust, and you educated them (family) to do manage and increase your wealth to your future family generations

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