LayinProps

@happytrader69 @preston_holland I’ve been on here for years saying SL was a problem for gogo. Your opinion is definitely the majority but size matters. FDX is 195 mbps. What if you want LEO and GEO. Mil/gov… will have better data tmr. Believe it or not the equity has treated me pretty well lol…

@LayinProps @preston_holland Starlink: $10K per month, 300 MBPS Galileo: $10.5K per month, 60 MBPS That is not competitive, I saw you love the stock, lol get out 😂! The clients who work in tech that I work with will not even consider Non Starlink airplanes. They have zero interest in a subpar product.

Was talking to someone flying with Gogo Galileo Sat Wifi (Starlink Competitor for business jets). He said 15 devices, no latency, and no satellite switching interruptions (the big issue with Starlink). I think a lot of owners are sleeping on Gogo's new offering.

@happytrader69 @preston_holland On certain aircraft sure. Not competitive is a stretch

@LayinProps @preston_holland I was told the STC for the FDX kit will not be available until Q4 today. I got lucky and found a GV Starlink kit. I wish Gogo well but in its current form it is not competitive at all.

@happytrader69 @preston_holland STCs coming in summer on G450/G550

@preston_holland I asked about FDX, it is not available on many aircraft currently only very large aircraft like Boeing For a Gulfstream, I don't view it as a competitor and its current form

Given recent positive developments re: Clarity Act, let’s review the economics of BeelineEqutiy $BLNE Beeline will facilitate a fractional sale of your home equity from $50-200K for an 8.5% transaction fee. Of the 8.5% fee, 3.5% goes to $BLNE and 5.0% goes to the stablecoin partner TYTL (tytl.ai). TYTL is backed by @strobefund, which was the VC arm of @BlockTower that spun-off following BlockTower’s merger with @arca, keeping the original team in tact. Also, TYTL has a strategic partnership with @Anchorage for custody and distribution of its stablecoin. Anchorage Digital is the first and only federally chartered crypto bank in the U.S., and it is the custodian for BlackRock’s crypto products, and @tether made a $100M investment in the bank. Point is that TYTL appears to be pretty legit given these relationships. Anyways, the bottleneck to scaling this business in my view is the demand for a stablecoin backed 1:1 by U.S. residential real estate, and I believe that the Clarity Act would unlock a lot of institutional demand for these assets, particularly from overseas investors. I also think that TYTL’s partnership with $BLNE position it well to be the first-mover in this space, as $BLNE founder and CEO Nick Liuzza is an expert in title services, having previously built the largest privately held title company in NA. Title, in my opinion, would be the most challenging operational part of scaling this product, but Nick and his team have the expertise to get it done. Nick is also a co-founder of TYTL. Back to the economics. If $BLNE is able to facilitate 100 fractional home equity sales per month with an average transaction value of $150K, that would be $15M of monthly volume, with $525K of transaction fees to $BLNE at 3.5%. Tack on an extra 50 bps for title services and you get $600K of total fees, which are expected to have ~80% pre-tax margins. So 100 transactions per month could support $5.8M of annual pre-tax income. The TAM is in the trillions, so it’s not unreasonable to think the business could scale to 500-1000 monthly transactions, which would be $29M-$58M of annual pre-tax income. Assign a 10-15x multiple and BeelineEquity could be worth $290-870M on a standalone basis, or ~$8-25 per share on fully converted shares of 35M. I won’t drag you through the math on the mortgage business, but I think that’s likely worth $7-10/share in a more normalized environment. Put it all together and I could see $BLNE being worth $15-35 per share, versus $1.93 today. And this doesn’t even contemplate potential buybacks with all of the capital it would be generating, with minimal capex needs. 🐝

@DonnyMalinoff @sydor_greg @preston_holland What was your connectivity solution prior to SL?

@sydor_greg @preston_holland We have Starlink on our Cirrus SR fleet. Any aircraft is now an office.

Private aviation is closer than you think We fly a TBM 300 hours/yr with a full-time pilot. All in expenses are under $600,000. Starlink alone makes me very bullish on the turboprop segment. Turns this into a flying office. Day trips are a breeze.

Pump it… $GOGO

@LogicalThesis @Investor_NICK_ Max to what the company matches. Reduces your taxable income too

@Investor_NICK_ Ngl I consider withdrawing our 401Ks I think it's great for 99% of Americans But for the people who are active like us and live in expensive cities Been thinking about this for weeks, i plan to pause my contributions today

Shit that keeps me up at night. Hours between the two $blne wen12

@OnyxOdds D

You can only watch ONE group for the rest of your life ... Which one are you choosing?

@AdamFerrellNFL Probably wrote the best essay with all that time on his hands

Report: The #Browns are reportedly “doing their homework” on Henry Ruggs who is eligible for parole on August 5th.

No form 4s from $gogo is pretty surprising

@imzenj Creatine

been lifting for a year and a half consistently and still look like i never touched a dumbbell in my life chat am i cooked

@SRSLYCASUAL1 @JT_Lines I think Herzog gotta be up there, he gets someone killed every card he’s on

@JT_Lines We talk about questionable/bad refs alot, but Dan is possibly the only universal case of a current ref that genuinely should not have a job.

When Dan Miragliotta accidentally bet Fight Goes the Distance and David Martinez by TKO and tried to cash in on both tickets at the same time 😭 🎟️

@Bin_muserh Q

$gogo

@blufxnet Yeah. $20m year. ~$1.8m/mo

For the last 6 months, $BLNE pulls in 22.5 reviews per month. This is not indicative of their volmes as a very small % of customers provide reviews, so it's more of a trajectory/momentum sentiment instead of absolute numbers. Should be seeing 22-25 reviews by end of the month.

@carlivar In the ballpark, probably a little more now

@LayinProps 76 employees?

Morr $blne

@JeffNadu Shakira was far better

That was legendary. The greatest entertainer on the planet