#2 Edition of Daily Grind

In today’s newsletter:

• Lionel “MONEY“ Messi: Messi is bringing in a whole lot of dough.

• Kick vs Twitch: Kick might just leave Twitch in the dust

• Nvidia excelling expectations

• Goldman Sachs bullish on AI and a whole lotta more….

Messi’s middle name should be “MONEY“

In just over a month since joining Inter Miami, Lionel Messi has not only met but exceeded towering expectations. His impact on the team, Major League Soccer, and associated brands has been truly remarkable.

In a mere seven games, Messi netted his tenth goal, propelling Inter Miami to victory in the Leagues Cup tournament via penalties. This achievement adds a 44th trophy to his name, securing his status as the most decorated soccer player in history.

Let’s talk about the dough that he’s bringing in for himself and affiliates:

• Subscriptions to the MLS Season Pass on Apple TV+ have more than doubled since Messi's arrival.In a recent earnings call, Apple CEO Tim Cook said he “could not be happier with how the partnership is going.”

• Messi's signature pink Inter Miami jersey dominated sports sales charts last month, an Adidas spokesperson revealed, with unprecedented demand in Miami.

• Messi's presence has turned stadiums into packed arenas nationwide, sending ticket prices soaring by over 1,700% on resale platforms. An otherwise modestly attended game, like Philadelphia vs. Inter Miami, saw tickets reaching astounding prices, from $241 to an astonishing $16,200.

• Inter Miami's Instagram followers surged past 14 million, eclipsing the counts of NFL, NHL, and MLB teams.

• Inter Miami owner expects Messi’s signing to double revenue and franchise value over the next year.

• The intriguing twist lies in the fact that the primary beneficiary of Messi's excellence is Messi himself. His distinctive contract with Inter Miami grants him a share in the revenue he generates for Adidas and Apple.

Messi knows two things for sure how to play football and how to put asses in seats.

KICK VS TWITCH

If you're into watching your favourite streamer, Twitch is probably your go-to. But is that about to change? Rival platform Kick has made waves by luring in major Twitch stars and enticing smaller streamers with the prospect of higher earnings.

Here are a few compelling reasons why Kick stands out as the superior choice:

• Kick offers a subscription revenue split of 95-5, whereas Twitch provides a 50-50 split.

• On Kick, 100% of tips, referred to as 'Kicks,' go directly to streamers. Earnings can be withdrawn on the same day, eliminating the need to wait for a monthly payout. These earnings are determined by hours watched and total viewers, not solely on a monthly subscriber count.

• Kick has been able to secure your favourite streamers such as Adin Ross, Amouranth, XQC and more.

• Kick has set a new precedent by offering XQC an unprecedented $100 million for a two-year non-exclusive deal, making it the most lucrative deal in streaming history.

• Let’s dive into the details, it's worth noting that Kick is under the ownership of Stake. Through this ownership, viewers are seamlessly ushered into the captivating world of gambling that Stake has to offer.

• Within just two months of its launch, Kick has already featured several Stake-sponsored streams. Prominent personalities like Drake, Roshtein, and Trainwreck have each hosted at least one stream on this new platform.

Kick's survival is uncertain, but there's consensus on Twitch needing policy fixes. On Kick, the added bonus is catching Drake's "Jeez Louise" moments.

SNIPPETS

• Nvidia is excelling, surpassing all expectations. In Q2, Nvidia reported a revenue of $13.51 billion, an impressive 88% increase from the previous quarter and a remarkable 101% surge year-over-year. Following the news, shares surged by 8.5%, propelling the stock above $500 per share.

• India to build it’s own browser around Crypto: Get ready for some tech magic! The Indian Ministry of Electronics and Information Technology (MeitY) is crafting a native web browser with a twist! They're introducing a crypto token sign feature, allowing users to digitally sign documents seamlessly.

• Goldman Sachs is just as bullish on AI as big tech.

• India reached the moon economically, with a reported $75 million budget, cheaper than a Warner Bros movie. This achievement also marked it as the first country to land on the moon's dark side.

• Taylor Swift, Beyoncé, and Barbenhiemer form a trifecta poised to contribute $8.5 billion to the US economy.

COOL SHIT

• The podcast of the day is "Sam Altman on choosing projects, creating value and finding purpose" on Y Combinators youtube channel.

• 5 tips for becoming a top competitor from Tom Brady and Michael Phelps’ coach.

• Caffeine improves attention, but not complex thinking, after sleep deprivation.

• Why people like Japanese candy that tastes like nothing.

• In this game you are the operating system. Can you keep up?