.@americanspend is a 7-month-old company that sees roughly 1/3 of all American purchases. That's 150-160 million transactions a day. Founder & CEO @derekbrown on how they do it: "We work directly with data providers, credit card networks, issuing banks, etc. We ingest as much data as we can about the American economy." "It's de-identified. I don't know the names of the individual spenders here. I only care about what's happening in the economy." "We index roughly a third of the entire American economy." "We're one of the largest consumer spending panels in the world, and we're seven, eight months old. We see about two and a half trillion dollars of annual spend." "Not just, okay, New York City, but down to, hey, 42nd and Madison.” “We see down to the merchant location."

Once again, you are sleeping on @Whatnot. Whatnot shoppers average 10 transactions per week and spend over $200 doing it. Derek Brown (@derekbrown), CEO of @americanspend, brought the data: "TikTok has way more accounts, for obvious reasons. Whatnot, however, is 10 transactions a week per user." "Whatnot, and Whatnot Live specifically, is absolutely killing customer retention. In a good way." "There's also a very real social pressure that comes with live shopping, because it's essentially an auction. You want to be the first to buy that thing before the other hundred people in the chat."

@derekbrown wif hat

who's going to do it

Affirm CEO @mlevchin says removing humans from shopping entirely would be "a loss to humanity." "It's very clear we'll all have agents doing our chores for us." "I happen to believe that quite a lot of shopping isn't actually a chore. In fact, it's a form of entertainment." "So human in the loop will not just be a requirement, it will be a loss to humanity if we're not allowed or if we're not participating in some of the shopping choices."

Where do your agents find and discover new tools and x402/MPP APIs? Reply 👇

I won a CryptoPunk for $225 and I still can't believe it. I'd been following FWA since v1 back in July. When v2 rolled out, I watched the ETH backing the first Punk dropping daily. By Saturday it was down to 1 ETH. The odds were getting very favorable, and the math said somebody was going to hit it soon. So I'm sitting on the couch thinking, why not. I spun 13 times, mostly reclaiming ETH or stacking $FWA. Down to the last 0.1 ETH that I put in the wallet for the day, I spun once more for 0.0855 ETH. CryptoPunk #3498 pops out. Dark mohawk, horned rim glasses. One of about 8 with that exact combo out of all 10,000. (And apparently this was a 1 in 10k chance at the time!) Pure dumb luck. But luck shined on me that day, and I'm grateful. Thank you @Rhynotic and @token_works. Legends! My shiny new Punk going in the vault. I'm not selling. My wife thinks I'm nuts, but Punks are going to rip. Long-term believer.

You're listening to ClaudeFM. I'm on the soundtrack from The Bear's final season. We are not the same. open.spotify.com/album/2TKh4…

Curious about live shopping? At @americanspend, we brought the data. Watch the rundown here on @ecommcowboy.

Three-time Pro-Bowl tight end Zach Ertz, who played in Philadelphia from 2013-‘21 and helped the team win its first Super Bowl, is returning to the city and signing with the Eagles practice squad, per sources. The Eagles lost TE Dallas Goedert to a sprained MCL and now are turning to Ertz, who spent the past two seasons in Washington.

I'll be talking data, D2C power rankings, @wingstop, and more on @ecommcowboy in 3 minutes! Join now.

Nashville is much more likely to become the next LA ... than Austin is to become the next San Francisco or Miami is to become the next New York ... Nashville has already shown it could take music industry share away from LA or New York ...

the only LLMm I been on this week is the one from @AzChike & Tyler the Creator piped.video/87gO7HMUHeo?si=QIjU…

Bullish @arbitrum.

Cool. Addepar’s been crushing it for 1000s of banks, wealth advisory firms, family offices, and other major institutions. I’ve seen the team working with most of the majors labs, including @xai and now Ant, doing amazing work for our clients who partner with us to manage ~$10T.

New Monday, new markets. Trade your favorite brands, only on Spend.Market

Will GameStop sell more this month than last? spend.market/market/power-up…

The world is going to be alright, guys. Keep having kids, loving your family, and starting and building businesses and institutions. Don’t live in fear. Leaders have big responsibilities and challenges ahead, but it doesn’t help to scare everyone. We are on top of it.

Seeing this in timeline hit me hard. Never forget.

🤔