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- Clark Biweekly 6 13 24
Clark Biweekly 6 13 24
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There is a game that people are playing more than ever before. Find out which game that is later in this email.
💵 Today’s Top Stories
♟️ The Business of Chess Is Booming
The Netflix show “The Queen’s Gambit” (October 2020) and the COVID-19 pandemic added jet fuel to online chess.
But Chess.com has been on a wild trajectory even without those factors. The founders bought the domain for more than $50,000 in 2005, subverting their original plan to provide a forum when gameplay proved mind-blowingly popular.
According to Similarweb data as researched by Sherwood News, Chess.com got 188 million visits in April 2024. That’s up ~300% from April 2019. Not a bad five-year growth rate.
About 35 million chess games a day take place on Chess.com. The site reportedly does more than $100 million in annual revenue from its 150 million members via a freemium model. And Sherwood speculates that revenue figure could be conservative.
As a game, it’s certainly no longer limited to “nerds” and geniuses.
🌟 Join the Conversation
From gas to eyeglasses to paper products to groceries to seasonal items and everything in between, Costco sells a lot of stuff. What do you think are the best things to buy at Costco? |
📊 Stat of the Day
🚗 46,561: The number of surplus Teslas last quarter. The biggest U.S. producer of electric vehicles made 433,371 Teslas last quarter but delivered just 386,810. That’s the company’s biggest single-quarter surplus ever. It has led to some telling satellite images of the parking lot outside of Tesla’s Gigafactory in Austin, Texas.
💰️ Deal Alert: Today’s Top Deals
🎙️ Podcast
Clark loves exercise. In fact, he wears three fitness trackers because he enjoys learning and improving his health so much! Data shows that people who are active for 150 minutes/week have less than half the cost of healthcare than sedentary people. Clark re-introduces his One-Minute Challenge to help you take the next step towards an active lifestyle. If you want to increase your physical fitness, it will impact your fiscal fitness, too! Also, the housing market has been crazy over the last few years. But we’re slowly starting to see more inventory growth and price reductions. Clark explains what he’s seeing in the housing market – and the state that’s seeing the highest inventory jump!
☎️ Need Money Help?
The Team Clark Consumer Action Center is a free helpline that can help you navigate your money questions. Call 636-492-5275. Visit clark.com/cac for more information.
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