🍔 The downfall of MrBeast Burger

🍔 MrBeast Takes Legal Stand Against MrBeast Burger for Brand Reputation Damage

MrBeast, the YouTube sensation, is suing the company behind his ghost kitchen food chain, MrBeast Burger.

The reason? Ruining the MrBeast brand.

The lawsuit says that MrBeast Burger has been serving up thousands of unhappy customers, many of whom posted pictures of burgers and chicken sandwiches that looked more like roadkill than food.

MrBeast’s team also says that Virtual Dining Concepts has been shady with the money, skipping out on royalties and trademarking MrBeast Burger behind his back.

So, MrBeast’s team is taking the ghost kitchen company to court to end the contract and put an end to the MrBeast Burger nightmare.

🍏 Reed Jobs, Son of Steve Jobs, Launches Yosemite VC Firm

Reed Jobs, the 31-year-old son of Steve Jobs, is stepping into the spotlight with a new venture capital firm to invest in new cancer treatments.

The firm is called Yosemite, named after the national park where his parents were wed.

The firm has already closed its debut fund with $200 million from prominent individuals and institutions, including MIT, Memorial Sloan Kettering Cancer Centre, and John Doerr.

Jobs, who previously worked at Emerson Collective, is continuing his work under his new brand.

Yosemite will run a for-profit business and maintain a donor-advised fund to help seed innovation and potentially participate in its commercialization and financial rewards.

💍 Tinder's High-End Membership 'Tinder Vault' with Limited Access

Tinder is getting ready to roll out a new “high-end” membership later this year.

The new membership, dubbed "Tinder Vault," is expected to be "substantially higher" than Tinder's current offerings and will have limited availability, making it more exclusive.

Other than the membership, Tinder also plans to roll out an "important" product refresh in the second half of the year, focusing on catering to its core Gen Z audience.

The refresh will include features like prompts, quizzes, and conversation starters, as well as AI to surface the right content to the right people.

The company's Q2 2023 earnings release also revealed that Match Group generated $830 million in revenue, up 4% year-over-year, and forecasted the next quarter's revenue of $875-885 million.

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