Logically Answered

Nike's 3 Worst Years ($150B Loss)What Happened?

Nike is by far the most recognizable shoe brand in the world with revenue in the tens of billions and a market cap in the hundreds of billions. But the last 3 years have been quite a struggle for the esteemed shoe maker as their stock has crashed leading to a $150 billion loss in market value. And this huge catastrophe can be explained by the bold decisions of their most recent CEO: John Donahoe. John took over as CEO in early 2020 and brought with him sweeping changes including pulling back on retail locations and focusing exclusively on directtoconsumer and digital sales. This strategy worked extremely well during the pandemic and made Donahoe seem like the magician who was prepared. But, people returned to inperson shopping in numbers that Nike never expected leading to plummeting online sales and market share losses to smaller brands who continued to prioritize retail. This video explains the devastating downfall of Nike over the past 3 years and their desperate need to get Nike back on track.

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The 40Hour Week Is About To Change Forever

Remote work has led to a lot of people working a lot less at least in terms of hours. In terms of productivity, however,it seems like the modern economy is actually more productive than ever before. This might seem counterintuitive but there’s a good explanation for this. For one, when people work from home, they’re not held accountable for a certain number of hours but instead for a certain result. So, employees become more resultoriented leading to more efficient progress. Moreover, at home, employees actually have the time to take time off as soon as they finish their work. Inperson, they have to stay at work regardless of when they finish their work for the day. Looking back at history though, this is nothing new. Back in the early 1900s, Henry Ford cut working hours from 120 to just 40 which not only led to an insane rise in productivity but it led to more people being able to afford and spend time on cars. The same argument could be made for tech companies. If they set a new standard in terms of working hours, they could bring down regular hours across the globe leading to more time being spent on their platforms. This video explains the fascinating reasons why working less would actually leave tech companies better off.

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When Exploiting Home Buyers Backfires...Zillow Loses Big

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The $75B Shadow RecruiterThe Truth Behind Hiring Websites

If you’ve ever searched for a job, you’ve probably come across sites like Glassdoor and Indeed, but did you know that all of these websites are owned by the same company? It’s not just American recruiting websites either. A Japanese company called Recruit Holdings owns recruiting sites around the world. They pull in a whopping $24 billion in annual revenue and boast a market cap of $75 billion. But, there’s a reason that you haven’t heard of this company. Not too long ago, Recruit was involved in one of the biggest corporate scandals in Japanese history. In fact, the scandal led to the Japanese prime minister and his entire cabinet resigning. And this setback is what actually led Recruit to expand globally where they didn’t have to worry about their reputation. This video explains the story of Recruit Holdings and how they became the largest HR company in the world.

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The Richest Man Who Ever Went To Jail

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YouTubers Sold Out. Again.

YouTube sponsorships have gone too far. YouTubers have gone from pitching questionable products and products with terrible value to pitching fullon scams. Likely the best example of this is the finance niche where influencers have pitched multiple bankrupt crypto brokerages, NFTs, and crap coins but it wasn’t always like this. 10 years ago, sponsorships were focused on actually providing viewers with value but now it’s just a shameless money grab and it’s no wonder why. The amount of money that these sponsors offer is just downright ridiculous so more and more YouTubers have sold out. There are a select few YouTubers with good sponsorship integrations though. The key to a good sponsorship integration is for the average viewer to get value from the sponsorship even if they don’t watch the sponsored portion. How is this possible? Well, the sponsorships should directly improve the production quality of the video and make it a better experience overall. This video explains the difference between good sponsorships and bad sponsorships and how the YouTube sponsorship space got so bad.

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Nothing Phone Thought They Were Apple...Got A Harsh Reality Check

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Everyone Is Laid OffWhat Now?

By now, I’m sure you’ve heard of big tech companies clamping down and going through another round of mass layoffs. While these layoffs displace hundreds of thousands of tech workers, with each and every layoff, these tech stocks tend to go up as investors actually tend to appreciate costcutting measures like layoffs. But, while these layoffs may be good for the stock price over the short term, the same cannot be said about the long term. Over time, surviving these layoffs became less of a matter of value and skill and more about how well an individual can play and thrive in corporate politics. This means that over time, the workforce at these companies will be replaced by pencil pushers instead of true innovators. This video explains the problem with vanilla tech CEO logic and constant layoffs and the longterm ramifications of such shortsided thinking.

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The $5.4 Billion Bug That Crashed The World

Crowdstrike is the world’s largest cybersecurity firm. They were trusted by much of the Fortune 500, governments, and public services worldwide. But, just one coding error turned them into the world’s most infamous cybersecurity firm due to the raw scale of the issue. In July of 2024, Crowdstrike pushed out an update that immediately crashed every computer that received the update. They spotted the issue relatively early and only 8.5 million computers were affected. However, many of these 8.5 million computers were at the hearts and souls of corporate and government infrastructure leading to massive global outages. And the worst part is that all of this could have been avoided if Crowdstrike had followed industry standard staging practices. This video explains the Crowdstrike incident and how one coding error led to $5.4 billion in losses.

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Here's What Happened To Sam BankmanFried

Just one year ago, Sam BankmanFried was one of the most successful young adults in the world with a net worth north of $30 billion by the time he was just 30 years old. What was even more impressive about Sam was his noble ambitions. He wasn’t looking to buy mega yachts or mega mansions, he actually wanted to donate all of his money. In fact, according to Sam, the only reason he was looking to get rich was so that he could donate his money. But, this facade rapidly came crumbling down when it was revealed that FTX wasn’t as safe and secure as people originally believed. It turns out that FTX had actually been lending a lot of their deposits to their sister trading firm, Alameda Research, and a lot of the funds were actually held in an inhouse crypto called FTT token. By the time this news came out, it was already over for Sam BankmanFried as people rushed to withdraw their money from FTX. Before you knew it, this led to FTX going bankrupt and Sam being questioned for ignorance, negligence, and straightup fraud. This video explains what happened to Sam after FTX came crumbling down and what his punishment may be.

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