An Influencer's False Promise to Make His Followers Rich
The Journal.
The Wall Street Journal
4.2 • 5.8K Ratings
🗓️ 17 April 2026
⏱️ 20 minutes
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Summary
Transcript
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| 0:00.0 | Hey everyone, it's Jess. |
| 0:02.1 | And Ryan, we have a live event coming up that you do not want to miss. |
| 0:06.1 | It's in Los Angeles, on Tuesday, April 28th at the L. Ray Theater. |
| 0:10.5 | We'll have Emmy winner and Oscar-nominated actor Riz Ahmed. |
| 0:13.9 | Who was in the Star Wars movie Rogue One. |
| 0:16.3 | And TV and film producer Franklin Leonard. |
| 0:18.7 | We'll be talking about the future of Hollywood, and we'll have a few other surprises. |
| 0:23.0 | Tickets are still available. |
| 0:24.4 | Grab yours now via the link in our show notes. |
| 0:26.7 | See you April 28th. |
| 0:30.1 | Our colleague Suzanne Kappner covers the retail industry, and in 2021, a new company wanted to picture a story. |
| 0:43.3 | The company was called Rev, which stood for retail, e-commerce, ventures. |
| 0:48.8 | And they had reached out to me saying, hey, you know, talk to us. We have this great business model. |
| 0:55.0 | This company was buying up all these, you know, defunct retailers who had filed for bankruptcy, |
| 1:02.0 | who were struggling to survive. |
| 1:04.0 | Radio Shack, Pier One, the list goes on, Dress Bar and Modell's Sporting Goods. |
| 1:09.0 | As you were listing off those names, I can just like see myself walking down a mall in like 1997. |
| 1:15.0 | And like I can see the logos. |
| 1:16.8 | There's just like a who's who of 90s mall brands. |
| 1:19.5 | It was a who's who of dead mall brands, really. |
| 1:22.8 | Their idea was to buy these well-known but failing brands and turn them into digital juggernauts. |
| 1:29.1 | We're getting them on the cheap. It won't be so hard to turn them around. |
... |
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