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1st and goal, on the one inch line

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Wed, May 16, 2018 04:02 PM

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The Carolina Panthers may have scored a new owner in a record-breaking deal. Wed, May 16 Brought

 The Carolina Panthers may have scored a new owner in a record-breaking deal. [The Hustle]( Wed, May 16 Brought to you by [Skillshare]( learn from the best, anytime, anywhere. Hedge fund manager extraordinaire David Tepper buys the Carolina Panthers for $2.2B The New York Times reports that Jerry Richardson, founding owner of the Carolina Panthers football team, has agreed to [sell the Carolina Panthers]( billionaire hedge-fund owner David A. Tepper for at least $2.2B. News of the sale came in December shortly after an [article]( in Sports Illustrated linked Richardson to allegations of sexual harassment -- and, with the terms set, the sale is currently on the goal line. Now they’re just waiting for the ball to hike, as the NFL owners vote whether to finalize the deal next week in Atlanta -- though, it’s not likely he’ll get any pushback. Adding a veteran to the roster Tepper, 60, made his fortune as the founder of hedge fund Appaloosa Management, a company that holds nearly $17B in assets. In 2017, he ranked fifth on Forbes list of the world’s richest hedge fund billionaires with a [net worth of $11B](. And this isn’t his first time on the turf -- Since 2009, he’s owned a 5% stake of the Pittsburgh Steelers, an investment he will have to sell to buy the Panthers. The GOAT Based on his client return rate, many consider Tepper the [greatest]( hedge fund manager of his generation, and turns out NFL owners think he’s pretty great as well. According to NYT, Tepper actually offered several hundred million less than the highest bidder, but in dire need of a leader with strong integrity, the Panthers went well below the asking price to get the best man for the job. It’s still a hall of fame worthy deal, btw If this deal happens, the [$2.2B]( pricetag will join the record books as the most expensive NFL franchise purchase ever, usurping the $1.4B Buffalo Bills sale in 2014. Somewhere out there, an NFL owner is sitting in Don Shula’s steakhouse drooling over the possibilities. Check please!  Facebook commits tons of resources to content review, but investors have moved on To extinguish the data-driven dumpster fire it ignited, Facebook hired 10k content moderators and approved a budget of over $770m for their “community integrity team,” sources told [The Wall Street Journal](. But as the ’Book pulls security initiatives out of its sleeve, a transparency [report]( suggests the content problem is growing -- while Facebook’s [earnings]( suggests people are already over it. Move fast and… fix things?? After weathering the barrage of twitter criticism following the Cambridge Analytica [storm]( captain Zuckerberg has focused on rebuilding the tech titan’s tarnished reputation. So far, Facebook’s [overhauled]( its news feed, [removed]( 200+ apps, deleted [583m]( fake accounts, and [created]( programs to help Facebook fiends (especially young ones) understand how much data they’re giving up. The truth hurts… but only for a second Zuck is learning that even a hoodie-wearing army with unlimited funding can’t engineer a quick fix for this problem: Despite the company’s massive efforts to combat them, hate speech and offensive content were on the rise, the [report]( shows. Facebook AI sniffed out almost 100% of the spam posted on its platform (which was up [15%]( from the previous quarter), but detected less than 38% of hate speech (which increased [56%]( before it got to users. But, lucky for Zucky, this didn’t impact the bottom line that much after all -- Facebook gained back all of the [$134B]( it lost in value, and the number of monthly active users increased by 13% to 2.2B. [Don’t hate the player, hate the game](  There’s no such thing as a free internet At the end of 2017, New York-based company Intersection [raised $150m to expand its free internet]( kiosks from New York and London to cities across America like Pittsburgh, Chicago, and San Francisco. If you’re wondering how a company whose business model includes the word “kiosk” makes money in this day in age, we’ve got 2 words for you: targeted advertising. Because straight-up data collection didn’t go over so well Back in 2014, [BuzzFeed outed the company]( for using beacons in hundreds of its NYC kiosks, which could be used to track users and serve them location-based ads. Mere hours later, the city ordered the company to remove the beacons. Now, it has set its sights on digital advertising by using the kiosks as mini billboards with location-specific advertising (stands in Central Park target runners, while Wall Street stands might display fintech ads) -- and, of course, Wi-Fi hotspots to draw users in like moths to a flame. There are a few limitations… Namely, their reliance on kiosks. Intersection [CEO Ari Buchalter told Axios]( that the 2 biggest limitations are the need for “physical infrastructure” and a high volume of eyeballs. But according to Buchalter, that doesn’t mean Omaha, Nebraska, or other low population density cities are out of the running -- it just means Intersection has to figure out where the local hot spots are for people in each city, then set up shop. [The bowling alley's gonna have great internet](  Emptying its toy box to pay off creditors, Toys ‘R’ Us puts SexToys‘R’Us.com up for sale As it prepares to close all of its [735]( US stores forever, bankrupt Toys ‘R’ Us is selling off the contents of its toy box to pay off creditors. So what’s for sale, you ask? Well, the iconic mascot Geoffrey the Giraffe, the successful Babies‘R’Us.com, and, of course -- KinkyToys‘R’Us.com. Wut?! Toys ‘R’ Us had a secret sex-toy business?!? No, you didn’t just walk past the makin’ love section in Toys ‘R’ Us all those years... Instead, it bought the domains to prevent anyone else from using them. Toys ‘R’ Us [owned]( domains ranging from Burgers‘R’Us.com to Cigars‘R’Us to prevent competitors from getting ‘R’ich. But domain defense isn’t just about keeping competitors at bay -- it’s also about keeping trolls out of your gates. Cyber-squatting sounds like a great way to take a digital dump... But it actually doesn’t take place in an online-outhouse. Cyber-squatters buy incriminating domains and then charge brands money not to use them. So to prevent an ‘R’-rated disaster, Toys ‘R’ Us swiped up several unflattering domains, [including]( SexToys‘R’Us.com, F*ckToys‘R’Us.com, IHateToys‘R’Us, and Toys‘R’UsSucks.com While none of the domains are active now, the company really does hope to find buyers for at least some of the hundreds of domains -- meaning some could go live if an enterprising buyer revives them. Which could be just the re-brand that Geoffrey was looking for all along... [Fetishes ‘R’ Us](  startup dictionary Vaporware (noun) 1. A software product that is advertised/sold before it actually exists. 2. A fabrication used to upsell clients with future features that may or may not be in development. 3. Software snake oil. Example: [Sales] So when will that new feature be ready? [Engineering] End of next year. [Sales] What’s that? Did you say ‘it’s already here’? Perfect! *picks up phone* Pro tip: If you actually have a product when you start selling, you’ve waited too long. deals deals deals "Back again with the second deals-a-doozy this week. Today, I'm slingin' premium basics, one-of-a-kind watches, and the toothbrush of your dental dreams. Dig in." - Whoop C. Daisy from Dover, DE SPONSORED - [25% OFF your order]( at Goodlife, use code HUSTLE25 (valid through 5/17) - [20% OFF any watch + a free bracelet]( at Original Grain, use code HUSTLE20 - [Get your first brush head and optional toothpaste refill free]( with quip, the better electric toothbrush - [Up to 50% off clearance shoes]( at Finish Line - [Extra 40% off]( at Reebok. Use code: FLASH - [Dell UltraSharp LED monitor]( at Staples for $149.99 (was $299.99) - [Coleman folding chair]( at Amazon for $16.50 (was $54.99) This edition of The Hustle was brought to you by There’s a shortcut to getting good at anything It’s having an expert teacher. Elon Musk read the works of world class jet propulsion researchers to teach himself rocket science and found SpaceX. Our CEO Sam hand-copied books written by greats like Salinger and Hunter S. to become a better writer. And, we’ve found a even better way to level up your skills. [Skillshare]( lets you learn from the best They reached 4m members with a simple idea: unlimited online video classes -- from experts -- for $8.25/month. Instead of going down a rabbit hole of YouTube videos shot in some guy’s basement to learn how to build a pivot table, [Skillshare’s lessons]( are concise, well-planned, and come from professionals with proven track record of success. Marketing, design, entrepreneurship -- anything you want to get great at is now yours for the taking. And because they’re so excited to help Hustlers build their skillset, they’re offering our readers [2 free months]( to get started. Now go get those skillz to pay the billz.  0 [SHARE THE HUSTLE]( REFERRALS [ YOUR UNIQUE URL Zack Crockett NEWS WRITER Wes Schlagenhauf NEWS WRITER Conor Grant NEWS WRITER Kolby Hatch AD WRITER [Lindsey “30 for 30’s > actual sports” Quinn]( MANAGING EDITOR Diedre Oppings Staff Naturalist [SUBSCRIBE]( [JOBS]( [ADVERTISE]( [EVENTS]( [SHOP]( [Join our Facebook community →]( You opted in by signing up, attending an event, or through divine intervention. [771 CLEMENTINA STREET, SAN FRANCISCO, CA 94103, UNITED STATES]( • [415.506.7210](tel:+1-415-506-7210) Never wanna hear from us again? Break our hearts and [unsubscribe](

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