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

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It's March 10th, 2021. 

Good morning to those of you living in Okay, Oklahoma. Much like the name, the weather will be ok. You can expect a high 78, partly cloudy skies, and southerly winds blowing at 20 to 25 mph.

Last week's newsletter had a 52% open rate, again... The most loved meme was at Seth Rogan's expense.

The week's top stories include Burger King, dips, an acronym, and the fall of the British Monarchy. Enjoy!

  • Marketing or tone-deaf joke? 
  • What goes down must go up 
  • Non-fungible = fungible dollars 
  • Oprah takes down the queen 
  • How do you start an email? 
OLIVER CHARLES - The New Yak Times - Business And Financial News Using Memes

Brilliant marketing or a tone-deaf joke? 

Monday was International Women's Day, and throughout the internet, companies and brands alike paid tribute to the amazing women of the world. However, one company stood out amongst the rest. That company was Burger King who tweeted, and I quote, "Women belong in the kitchen." Needless to say, there was immediate backlash. The purpose of the tweet was to promote a scholarship program they have for female chefs. However, it has since been taken down. While I'm sure this tweet didn't go as planned, one thing is for sure; this is the most BK has been in the news since they announced chicken fries.

Here's the original tweet >>
OLIVER CHARLES - The New Yak Times - Business And Financial News Using Memes

What goes down must go up! 

The past week has been tough for all investors, as the markets slid in the wrong direction. The correction was so large that GameStop was actually being considered a safe haven... and rightfully so given that its stock has grown more than 100% over the same time period. This is great news for Keith Gill and bad news for most other retail investors. It's hard not to root for Keith. Some solace can be found in the fact that he's now up more than $25 million as of last night. He even doubled down on the stock back in February. Keep it up Keith.

Picture of Keith's Etrade account >>
OLIVER CHARLES - The New Yak Times - Business And Financial News Using Memes

Non Fungible Tokens bring in fungible dollars... 

Known by the acronym NFT, this crypto token has taken the world by storm. Essentially, an NFT is a certificate of ownership for a non-fungible (fuhn - juh - bl) asset, like a meme, a picture, a gif, a video, or a song. NFTs have seemly blown up in the last few months bringing in more dollars than all physical collectibles sold in the same period. There are two recent sales, in particular, that stand out.


The first was the sale of the Nyan Cat video, which went for $600,000. You can watch the video herefor free I might add.


The second is the impending sale of Jack Dorsey's first-ever tweet. The highest bid is currently at $2,500,000. You can see the tweet here. Hell, take a screenshot! Who knows what it'll be worth. 


The explosion of NFTs is not just reserved for some shady corner of the internet. It's being used successfully by the NBA. They call it NBA Top Shots. Think of it like trading cards but instead of a physical card you keep sealed in a plastic binder, it's a video of Lebron James dunking. In just 30 days, Top Shots trading volume was more than $200M. 


If you're interested in NFTs, read the article below.

NFTs and a thousand true fans >>
OLIVER CHARLES - The New Yak Times - Business And Financial News Using Memes

Oprah takes on the crown (and makes $7M)! 

The royal family is like Britain's version of the Kardashians, and over the weekend, Oprah sat down with two estranged members, Price Harry and Meghan Markle. Oprah conducted an absolutely masterful interview, and lots of terrible things came out about the royal family. Needless to say, people all over the world were shocked by the accusations. We were shocked that Oprah only made $7M for the interview...

10-minute explainer video >>
OLIVER CHARLES - The New Yak Times - Business And Financial News Using Memes

What's the best way to start an email? 

I'm a sucker for "I hope all is well..." Let's take a poll on what's the best way to open an email. Whichever answer wins will be how I open the Morning Brown from now on.

Click here to take the poll >>

Thanks for reading, please share. 

If you found this Morning Brown funny, we'd appreciate it if you forwarded it to a friend or colleague. If you did not find it funny, we'd appreciate it if you forwarded it to an enemy or colleague. Meme credit is due to the following accounts. If I missed someone, let us know!

@thecorporateaccountant

@shitheadsteve

@oliver.charles.clothing

Finally, please send us memes!

Subscribe below for weekly updates on the absurdity of the business and financial world. We spend all day on social media so you don't have to.