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All-In with Chamath, Jason, Sacks & Friedberg

Markets turn Trump, Long rates spike, Election home stretch, Influencer mania, Saving Starbucks

5335.796 - 5354.524 J. Cal

So to your point, it doesn't mean that it's a bad business at all. It could be a great business, a nicely profitable business, But the growth ahead of it is limited. It cannot keep growing same-store sales as it has historically because they've maximized all three of those levers. So fewer costs might be a way to drive more profits, more efficient operations.

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