Very clever arbitrage here in my opinion, I want to do more “business insights content here” (lmk if you like that) what Overstock did here I think is clever, they have a big biz but their brand is just ok, so instead of spending a ton of $$$ to build theirs up, they bought a great brand name out of bankruptcy and just rebranded, this is very clever and many people should consider doing the same at their levels. Brand matters but many iconic brands are losing their way and more modern operators can swoop in
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Gary Vaynerchuk is a serial entrepreneur, and serves as the Chairman of VaynerX, the CEO of VaynerMedia and the Creator & CEO of VeeFriends.
Gary is considered one of the leading global minds on what’s next in culture, relevance and the internet. Known as “GaryVee” he is described as one of the most forward thinkers in business – he acutely recognizes trends and patterns early to help others understand how these shifts impact markets and consumer behavior. Whether its emerging artists, esports, NFT investing or digital communications, Gary understands how to bring brand relevance to the forefront. He is a prolific angel investor with early investments in companies such as Facebook, Twitter, Tumblr, Venmo, Snapchat, Coinbase and Uber.
Gary is an entrepreneur at heart — he builds businesses. Today, he helps Fortune 1000 brands leverage consumer attention through his full service advertising agency, VaynerMedia which has offices in NY, LA, London, Mexico City, LATAM and Singapore. VaynerMedia is part of the VaynerX holding company which also includes VaynerProductions, VaynerNFT, Gallery Media Group, The Sasha Group, Tracer, VaynerSpeakers, VaynerTalent, and VaynerCommerce. Gary is also the Co-Founder of VaynerSports, Resy and Empathy Wines. Gary guided both Resy and Empathy to successful exits — both were sold respectively to American Express and Constellation Brands. He’s also a Board Member at Candy Digital, Co-Founder of VCR Group, Co-Founder of ArtOfficial, and Creator & CEO of VeeFriends. Gary was recently named to the Fortune list of the Top 50 Influential people in the NFT industry.
In addition to running multiple businesses, Gary documents his life daily as a CEO through his social media channels which has more than 34 million followers and garnishes over 272 million monthly impressions/views across all platforms. His podcast ‘The GaryVee Audio Experience’ ranks among the top podcasts globally. He is a five-time New York Times Best-Selling Author and one of the most highly sought after public speakers.
Gary serves on the board of MikMak, Bojangles Restaurants, and Pencils of Promise. He is also a longtime Well Member of Charity:Water.
Thanks for watching!
Join My Discord!: https://www.garyvee.com/discord
Check out another series on my channel:
Keynotes: https://www.youtube.com/watch?v=6vCDlmhRmBo&list=PLfA33-E9P7FCEF1izpctGGoak841XYzrJ
NFTs: https://www.youtube.com/watch?v=AwMJ6bScB2s&list=PLfA33-E9P7FAcvsVSFqzSuJhHu3SkW2Ma
Business Meetings: https://www.youtube.com/watch?v=wILI_VV6z4Y&list=PLfA33-E9P7FCTIY62wkqZ-E1cwpc2hxBJ
Gary Vaynerchuk Original Films: https://youtube.com/playlist?list=PLfA33-E9P7FAvnrOcgy4MvIcCXxoyjuku
Trash Talk: https://youtube.com/playlist?list=PLfA33-E9P7FDelN4bXFgtJuczC9HHmm2-
WeeklyVee: https://youtube.com/playlist?list=PLfA33-E9P7FBPjdQcF6uedz9fdk8XKn-b
Gary Vaynerchuk is a serial entrepreneur, and serves as the Chairman of VaynerX, the CEO of VaynerMedia and the Creator & CEO of VeeFriends.
Gary is considered one of the leading global minds on what’s next in culture, relevance and the internet. Known as “GaryVee” he is described as one of the most forward thinkers in business – he acutely recognizes trends and patterns early to help others understand how these shifts impact markets and consumer behavior. Whether its emerging artists, esports, NFT investing or digital communications, Gary understands how to bring brand relevance to the forefront. He is a prolific angel investor with early investments in companies such as Facebook, Twitter, Tumblr, Venmo, Snapchat, Coinbase and Uber.
Gary is an entrepreneur at heart — he builds businesses. Today, he helps Fortune 1000 brands leverage consumer attention through his full service advertising agency, VaynerMedia which has offices in NY, LA, London, Mexico City, LATAM and Singapore. VaynerMedia is part of the VaynerX holding company which also includes VaynerProductions, VaynerNFT, Gallery Media Group, The Sasha Group, Tracer, VaynerSpeakers, VaynerTalent, and VaynerCommerce. Gary is also the Co-Founder of VaynerSports, Resy and Empathy Wines. Gary guided both Resy and Empathy to successful exits — both were sold respectively to American Express and Constellation Brands. He’s also a Board Member at Candy Digital, Co-Founder of VCR Group, Co-Founder of ArtOfficial, and Creator & CEO of VeeFriends. Gary was recently named to the Fortune list of the Top 50 Influential people in the NFT industry.
In addition to running multiple businesses, Gary documents his life daily as a CEO through his social media channels which has more than 34 million followers and garnishes over 272 million monthly impressions/views across all platforms. His podcast ‘The GaryVee Audio Experience’ ranks among the top podcasts globally. He is a five-time New York Times Best-Selling Author and one of the most highly sought after public speakers.
Gary serves on the board of MikMak, Bojangles Restaurants, and Pencils of Promise. He is also a longtime Well Member of Charity:Water.
Pretty interesting Arbitrage Here find this very fascinating: Overstock.com buys Bed Bath and Beyond at a bankruptcy to use the brand name to Rebrand Overstock.com I Like this: I Love arbitrages I Love when people are thinking a little bit differently. You don't see this all the time. And for a lot of internet companies or small entrepreneurs here, for a lot of you, you may have really good businesses in really good sectors. We're an iconic company.
In your sector is actually out of business or on the way out and buying it just for the ARB of the name. Given the size and scale you might be at, Overstock's a big company. Some of the people watching here are gonna be too small to do this, but for the ones that are a little further along, this might become a more common move as some of the iconic Brands uh that we know in different categories start to face big challenges by not being contemporary marketers. not winning on the internet, not winning on social I Thought this was clever I Thought it was worth sharing.
Hope it brings some value. Think about little moves like this. like new account names and things like that for you.
👍
Daily Positivity Energy! Thanks Gary!
i kind of disagree. All people think of when they hear bed bath is a failed business and overpriced by the time the doors began to close. Plus Target, Walmart and Amazon ate their lunch already they have a massive presence online and for WMT and TGT plenty of stores that are always busy with people. They already have plenty and I don't really see why people would want to shop at overstock because what are they offering that's any different or better? I fail to see the upside.
I think so too Gary Vee, yes. If I could, I would have bought Kmart to prevent it from ending on Puerto Rico and use the brand name to expand the busines, I would have done the same thing like Bed Bath & Beyond. We need Kmart on Puerto Rico urgent.
Thx Gary!!
$OSTK OVERSTOCK IS EXPERIENCING A SHORT SQUEEZE AND PRICE DISCOVERY THE COMPANY HAS TONS OF CASH AND LITTLE DEBT AND IS GOING TO REACH NEW ALL TIME HIGHS IN THE CHART…GOING BACK ABOVE $120 A SHARE PRICE $OSTK TO THE MOON THIS COMPANY IS THE KING OF SHORT SQUEEZES
That's smart, shifting the brand from one company to the next on just the name is big.
MAESTRO GARY, ESPERO QUE ESTE MUY BIEN, SIEMPRE AGRADECIDO POR TODO EL APOYO QUE ME DA, MIL GRACIAS SIEMPRE, ESPERO QUE ESTE TENIENDO UNA GRAN JORNADA. SIGO FIRME MAESTRO.
Make long-form on this!
Should be called “OVERSTOCK & BEYOND” now.
Very clever arbitrage here in my opinion, I want to do more “business insights content here” (lmk if you like that) what Overstock did here I think is clever, they have a big biz but their brand is just ok, so instead of spending a ton of $$$ to build theirs up, they bought a great brand name out of bankruptcy and just rebranded, this is very clever and many people should consider doing the same at their levels. Brand matters but many iconic brands are losing their way and more modern operators can swoop in