David Segal

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@tea_maverick

President @HighbeamNYC // Previously the “David” of DAVIDsTEA // Creator @BigShotPodcast

linktr.ee/Tea_Maverick Joined March 2017

271 Following 1.8K Followers 494 Posts

Latest posts 5

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David Segal @tea_maverick Jun 11

Introducing Luma.

Built on $15B of transaction volume, Luma is the only AI-solution for consumer brand finance.

I've spent my career building brands and working with founders.

I'm excited for what Luma will be able to do for every D2C brand. She's going to be a game changer.

Highbeam.com/Luma

1:53

David Segal @tea_maverick 15h

Big Shot's new season opens with @dhmeyer, the legend behind Shake Shack, Union Square Cafe and Gramercy Tavern.

Danny is full of insights on business, leadership and life.

"The definition of business is problems."

"One part supporting and one part pushing."

"Hospitality is really one size fits one."

"The game I love to play is exceeding expectations."

Plus how a hot dog cart in Madison Square Park became Shake Shack.

1:00

David Segal @tea_maverick 20h

Sweep to High Yield = FDIC insured, instant liquidity, earning daily.

Money market = very low risk. A short delay to redeem. Slightly more yield.

Bond ladder = risk especially if you redeem early - you can get caught. Usually the headline rate.

The spread between all three is often just 40 bps. The structures are very different.

David Segal @tea_maverick 2d

A brand paid a $15K audit, plus 25 bps and $1,500 a month in "monitoring fees" on a $1M ABL they never used.

Months later they went to draw. Now it was a $400K line, apparently because of gift card liabilities.

They feel misled, and rightfully so.

ABLs do carry an administrative hassle, with side fees stacked on top.

It sucks to pay fees on an unused line - let alone on money you ultimately can't even access.

David Segal @tea_maverick 3d

@dhmeyer on the “L” of leadership. Supporting and pushing.

Big Shot Verified account @BigShotPodcast 3d

How do you show up for your team when it’s hard enough to show up for yourself?

“As a leader, I’m the oxygen that people are breathing.”

@dhmeyer, the restaurateur behind Shake Shack, Union Square Cafe, and Gramercy Tavern, knows that people take their cues from the person leading them.

But how do you stay honest about a difficult situation while giving your team a reason to keep going?

Watch Danny explain to @harleyf and @tea_maverick the two things he wants his team to always have.

Big Shot’s new season kicks off Thursday with Danny Meyer!

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