Ridge Wallet CEO Sean Frank discusses how Apple will monetize user data through ad exchanges instead of direct ad placements.
Assertion Not checkable as stated
Frank: Apple launched iOS 14 privacy changes because Facebook refused revenue-sharing
“And that was the whole iOS, 14 breakdown, right? Is that Apple wanted to, they wanted revenue from Facebook in exchange for that data. And Facebook said, no, so they shut it down.”
Assertion Not checkable as stated
Frank: Sub-$10M e-commerce brand shutdowns have surged since Trump's election
“What we're seeing right now is a wave of shutdowns in smaller sub ten million dollar brands, right? Like that's always been a trend, but it's really ramped up the past like three to probably the past three months since Trump got elected because they just can't…”
Prediction Open · timeframe Mar 2028
Sean Frank: Solo Brands will sell Chubbies and be taken private
“So, you know, they will sell chubbies that like when you break out the finances like that, that's They're looking for someone to buy that asset to pay down some of this debt, and then they're just to take private. It is just some, somebody will swoop in.”
Disclosure
Frank: Klarna or Affirm paid Ridge $50,000 for checkout integration
“All of those providers would pay you money to actually add it to the website. So I think it was either Klarna or a firm gave us 50,000 dollars to have it as an option on that.”
Assertion Partly supported
Sean Frank: Solo Stove is shrinking 25% year-over-year and losing ~$50M
“And then you have solo, which is a shrinking business, shrinking 25% year over year losing, you know, fifty million dollars or whatever.”
Disclosure
Sean Frank: Ridge has spent over $250M on Meta advertising
“I think I'm at, you know, over a quarter billion dollars in meta spend.”