AT&T, the largest monopoly in US history, was broken up in the mid-1980s by Judge Harold Greene, which unlocked the technology that later enabled companies like Netflix and Facebook.
Snapshot · The Rest Is Politics: US
AT&T, the largest monopoly in US history, was broken up in the mid-1980s by Judge Harold Greene, which unlocked the technology that later enabled companies like Netflix and Facebook.
Where this was said
At 34:28 · chapter starts 29:20
Gavin Newsom's national wealth tax enters the discussion as a live fault-line in the Democratic Party. Scaramucci acknowledges the social-engineering impulse behind it — the system is wildly unfair and something must signal that — but argues the politics are suicidal. Americans already pay 50% income tax, sales tax, and property tax, keeping only about 34 cents of every dollar earned [1] — Katty Kay "Only 22% of under-30s believe in American dream: Only 22% of Americans under 30 believe the American dream still holds for them, reflecting…" 33:33 . Telling savers the government is in the 'confiscation business' will cost Democrats the election. The right model, he argues, is Teddy Roosevelt: break up trusts, defeat monopolies, splinter special-interest groups, and unplug Citizens United money from the system. Katty Kay, however, notes a generational shift: only 22% of under-30 Americans believe the American dream holds for them. They are not getting the returns the system promised, and their frustration is creating an opening — for the first time in 250 years — for something that looks like socialism in American politics. Scaramucci warns this 'wreck it' tendency never ends well.
Only 22% of Americans under 30 believe the American dream still holds for them, reflecting a large generational shift toward disillusionment.
AT&T, the largest monopoly in American history, was sitting on the technology that created Netflix, Facebook, and the entire internet. It had no incentive to release it while charging $4 a minute for long-distance calls. Judge Harold Greene's 1984 breakup freed it all. The lesson: monopolies kill innovation, and today's tech giants are doing the same thing.
The speaker built his audience over 3 years of consistent content creation before launching any product.
Tweeting consistently took the speaker only 5 minutes a day, making audience-building accessible to anyone.
Having an existing audience was cited as the primary reason the speaker was able to make significant money from a product launch.
The speaker recommended creating YouTube videos and tweeting as the two core content formats for building an audience.
Sam built Algrow from zero to $14,000 in monthly revenue within just six months of shipping his first MVP.
Algrow reached over 10,000 users in roughly six months, driven almost entirely by organic Discord community growth.
Sam acquired his first 400 users entirely through Discord communities, without paid advertising or traditional outreach.
Algrow added exactly 480 new paying customers in its most recent month, demonstrating strong ongoing growth.
Sam's Stripe dashboard showed over £10,000 in revenue in the last four weeks, equivalent to roughly $13,000–$14,000 USD.
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