Your ratios are way off. Price ratio is 1:1500 for A to B, while voting power ration is 1:10000. Each A share is 6.67x more powerful than 1500 x B shares.
Some media companies had them before the 1980s. New York Times issued dual class in 1969 so that the owning family maintained editorial control.
Berkshire Hathaway is possibly the most famous from the 80s/90s. The class A shares are significantly more expensive and proportionately even more powerful than the class B shares. The lower price version was important back when physical exchanges didn’t support fractional shares as they do today.
BS check: $8T is $1000 per person on this planet. A healthy P/E ratio of 25 would translate to earning $40/year in profit from every person on the planet. SpaceX/Starlink obviously doesn’t just walk in and get everyone as a customer though. They have roughly 10 million customers right now. Let’s be generous and say they have 20 million. That $8T works out at $400K per customer valuation which at a 50 P/E would mean $8K/year/customer profit per customer or $666/month/customer profit. Those are generous numbers. Scaling back to 10 million customers and 25 P/E would require $2666/month/customer in profit to get to $8T valuation. For Internet service?
7/11 Japan really benefits from urban density, which in turn makes the distribution of fresher food and smaller footprint stores much more of a factor.
The distribution network even shows up in maps. There will be clusters of 7/11 in Japanese cities which is more efficient than spreading them equally.
Most businesses don’t grow just by churning out more units of software. At some point, it doesn’t matter how quickly you can churn out features if you’re not solving customer problems and convincing customers that they should pay for those solutions.
Once software becomes cheap, the bottleneck to growth shift to product design, infrastructure/manufacturing, sales and support.
Our local toy store is a member of marketing cooperative and yours might be too.
They are wonderful and a perfect example of a local toy store - a wide variety, personal service and free gift wrapping on all purchases (a life saver for anyone with kids and a birthday party to go to seemingly every other weekend).
Because - until it makes its way through the courts - it’s not established that Fender has the rights to claim ownership of on the shape in the first place.
In the US, there’s three routes for that - design patent, trade dress and artistic copyright. AFAIK they don’t have a design patent. Trade dress is hard to prove association - would most people on the street say “yep, that’s 100% a Stratocaster” if they say the outline? Probably not. The shape isn’t separate from the functionality so artistic copyright hasn’t upheld either. The fact that Fender has not successfully enforced copyright concerns for over 70 years is also a sign that they never had IP protection on the shape.
Money wouldn’t just be diverted from other US stocks though.
Foreign money has increasing buying power as USD weakens against certain currencies and the upside of these IPOs is certainly more attractive to global investors than parking money is lack luster real-estate or bond or cash alternatives.
Obviously their model is different to the big American carriers. Perhaps there’s something about the homogeneity of the US domestic market compared to the EU market that favors loyalty based airlines versus budget airlines.
For example, katsu from cutlet, is borrowed back into English to mean… cutlet.
And when combined with “curry” as in “katsu curry” the journey meanders all the way through Tamil, Portuguese, Japanese and English, following sailors where they went.
I should have said most home users. My point is that more bandwidth at this point probably won’t affect 99.999% of home users.
What’s described in the post is the tech equivalent of supe-ing up a sports car and then driving it in rush hour traffic. It’s fun to geek out doing it, but practically in everyday use the difference will be negligible. Even with large file uploads and downloads, there’s a good chance that services won’t reach those throughputs end to end.
What’s telling is that the post shows screenshots and charts from artificial speed tests. No videos of the Dropbox client chugging away with throttled uploads.