Comments by "John Smith" (@JohnSmith-op7ls) on "CNBC Make It" channel.

  1.  @Keesha That isn’t NYC though and I doubt she would get that money back in resale as it’s a dying town. So form an investment angle, it’s not a deal. If you just wanted to live there, just rent and invest that cash. That way you still get to be there, you get a better return on your money, and if the neighbors get annoying, the town changes to your dislike, or you just get bored there, you can easily move without taking a financial hit. Not to mention you don’t have to waste tons of time, effort, and stress on the renovation and later trying to sell the place if you leave.
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  2. VC backed, over expanding too fast, low margin and high competition. These ice cream startups are basically just investor traps with the founders and initial investors hoping they can dupe subsequent investors into buying the business off them or dupe a bunch of franchisees into handing over their cash before it all falls apart. There’s a reason these things pop up and fold all the time and there’s a reason all the big food conglomerates are trying to sell off their ice cream brands. This video was probably a paid puff piece.
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  3. Lol, nobody is paying a billion for this. The ice cream business is low margin, especially retail. All these retail startups fall apart fairly fast. All the big food conglomerates are trying to sell off their brands and nobody wants them. And those are well established brands operation with global scale and the efficiency of companies like Nestle and Unileaaver. And they can barely hit 10-15% margins after shrinkflation tactics with no real growth, just cost cutting
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  4.  @cs2181 $40k in Mississippi isn’t much. In New York it’s under the poverty line
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  5. @ No idea about taxes there
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  6. Ice cream is a terrible business to get into
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  7.  @saveinvestrepeat69 It’s not the 1970s anymore
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