I think one of the most amazing things that Spotify decided to get into was podcasts. With Joe Rogan, Call Her Daddy with Alex Cooper, and Anything Goes with Emma Chamberlin—to name a few—Spotify is truly setting itself up to become a media conglomerate on which other brands can build themselves. I think it's going more the way of YouTube in a sense than anything else.

One thing that they really need to work on is discoverability and finding a way to gamify it. TikTok recently came out with the TikTok music app and I think it would behoove Spotify to copy much of it and leverage their already large customer base that you mentioned.

It will definitely be interesting to see how this all plays out, and whether or not they decide to embrace things like the metaverse in the future.

There hasn’t been a good Disney movie in years lol. So content is definitely the problem. But your right it’s not nearly the biggest problem they have. They need to get their DTC business in order. It’s burning cash. Parks can’t hold them up forever. Even though they should’ve started building a new park in Mexico a long time ago lol. I’ll die on that hill but whatever. Politics is just noise I agree with you there but I can’t say if the market reactions is justified or not yet. There’s so many unknowns

I am confident $SPOT will see operating income inflect in the next few quarters. With the recent price increase and top-of-the-funnel growth, it should produce the operating leverage needed for the stock - which is still the same price as its IPO days - to rerate.

Not a screaming but till DeSantis fighting stops. I can’t have my company dealing with political shit and fighting no thank you. Also have to get streaming business in a better place as well as a lot of other decisions regarding espn and Hulu and parks. All that said strong brands tend to figure it out your right but right now they are dealing with a governor who has lost his mind. I mean telling Disney they can use the genie pass because people have to pay for it. The nerve he has. I’ll say it again Disney needs to build another park. I’ve been saying that since I used to own the stock. Would fix a lot of issues. Would cost a lot too but still

It’s a tough space to navigate what do you think will be some of their preliminary challenges?

Same. I’m listening to Meditations by Marcus Aurelius.

NFT’s are crazy, but like you said, trading cards have a market. If it’s sports related, or an actual work of art, I understand buying an NFT. It’s the auto generated, generic looking crap I’ve seen people pay obscene amounts of money for that really blows my mind.

I don’t buy much that doesn’t generate passive income these days, so I’m out on NFT’s, but I do believe the sports NFT’s will be the most valuable in time.