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October 6th, 2021

OLIVER CHARLES - The New Yak Times - Business And Financial News Using Memes

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It's October 6th, 2021

Dear readers,

Happy Wednesday, friends! It's officially sweater weather season, and boy do we have a lot of stuff going on this season.

Most importantly our popup in San Francisco. More on that below.

Let's get into it!

  • Facebook Goes Down
  • Supply Chain Struggles
  • Eminem Opens A Spegehtti Store
  • Happy Birthday Jimmy Carter
  • Oliver Charles Update

Facebook Goes Down

OLIVER CHARLES - The New Yak Times - Business And Financial News Using Memes
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Talking Points:

  • On Monday, something happened that was seemingly impossible: Facebook and all its apps disappeared from the internet for more than 5 hours.
  • In short, the crash was caused by Facebook accidentally (we assume) sending an update to a server address that didn't exist.
  • While it may seem like a blessing in disguise, many businesses rely on one or more Facebook apps. In total, it's estimated that Facebook lost $60M in revenue during the outage. That means that businesses using the Facebook ecosystem lost 100s of millions in potential revenue.
See what caused the crash >>

Get Your Holiday Shopping Done Early

OLIVER CHARLES - The New Yak Times - Business And Financial News Using Memes
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Talking Points:

  • You've likely heard of the supply chain shortages caused by a surge in demand and a fragile global supply chain. However, you likely don't understand how bad it is. In fact, even the experts don't fully understand how bad it's going to get. There are a few reasons this is happening. 
  • For one, post-covid global demand surged much faster than supply. This is particularly true in the shipping industry.
  • Second, factories and raw material producers are still playing catch up from COVID shutdowns, all while battling an energy crises from shortages caused by the same reasons. With shortages impacting every level of business, all we can say is, if you see a sweater you think would make a good gift, don't wait.​ Buy it now.
See what the port congestion looks like >>

Eminem Opens A Spegehtti Store

OLIVER CHARLES - The New Yak Times - Business And Financial News Using Memes
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Talking Points:

  • On Thursday, rapper Eminem opened a restaurant in Detriot based on one of his most famous lyrics, "his palms are sweaty, knees weak, arms are heavy / there's vomit on his sweater already, mom's spaghetti".
  • The restaurant is called Mom's Spaghetti and serves three things. spaghetti, spaghetti and meatballs, and spaghetti sandwiches.
  • The rapper surprised fans by attending the opening and serving pasta himself.
Watch the launch video >>

Jimmy Carter Turns 97

OLIVER CHARLES - The New Yak Times - Business And Financial News Using Memes
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Talking Points:

  • American peanut farmer Jimmy Carter turned 97 on Friday.
  • Other than being a peanut farmer, Jimmy Carter served as the 39th president of the United States. He was one of the earliest proponents of legalizing gay marriage and decriminalizing marijuana.
  • President Carter was a man of many hobbies, including winemaking, woodworking, painting (some of his paintings have sold for $750,000), hunting, fishing, and most importantly, volunteering. He has built and repaired more than 4,300 homes in 14 countries for Habitat for Humanity.
Jimmy Carter's hobbies >>

If You Build a Pop-Up They Will Come

OLIVER CHARLES - The New Yak Times - Business And Financial News Using Memes
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Oliver Charles update

Over the last few months, we've been working our butts off getting a pop-up set up in San Francisco.

A lot has come together. The space looks amazing. It's simple, welcoming, and elegant.

If you're in the San Francisco Bay Area, we hope you'll come and see for yourself. As I said, it may be your only chance to get gifts for the holidays.

 Still, we spend all day watching people walk by. In a way, it's a bit heartbreaking. At times like this, I ask myself WWPJCD (What Would President Jimmy Carter Do). 

Until next time, keep building 💪.

Best, Tobias
CMO @ Oliver Charles
Connect with me on Linkedin

--

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@markettoonist
@sadandsenseless
@oliver.charles.clothing

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