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Why I Shut My Company Down for 2 Weeks Every Year


Key Takeaways

  • Britt Riley, founder and CEO of childcare company Haven, has created a network of clubs that offer daycare, workspace and fitness for families.
  • She mandates that her employees take two weeks of vacation per year, one week in the summer and one week at the end of the year.
  • Riley shuts down her business for those two weeks, creating no opportunity for her employees to work or feel like they are missing out.

Britt Riley, founder and CEO of childcare company Haven, designed her company with rest in mind. She has spent the past seven years creating a network of clubs that offer daycare, workspace and fitness for families. The company has raised about $20 million in funding and recently started franchising. 

Since launching the company in 2019, Riley has prioritized well-being for her team of about 60 people. To that end, she closes the company for an entire week every summer and for the last week of the year so employees can completely unplug without the pressure of meetings or emails — and still get paid. She says these summer and winter resets have proved foundational to the company.

The following as-told-to interview has been edited for clarity and concision. 

Britt Riley. Credit: Haven

When I realized that mandatory time off was a good idea

It goes back to the beginning of my career. I wrote my college thesis on company culture at Patagonia, where I had the great privilege of spending some of the earliest days of my career. There, “Let my people go surfing” wasn’t a slogan or an empty promise. I was able to see the elements of that mindset in practice and witnessed a company that literally operated on a whole different playing field than any other. 

Witnessing a serious and profitable company trust its people with their own time and seeing how that produced dedication and willingness from employees to give their best work every day formed my own values set. I could see no other way after that point. 

Fixing a broken system

Our teams have always been happy to be given the time; some are pretty taken aback by our general approach to “benefits” and our culture — in the best way. I didn’t have a background in childcare prior to starting Haven, so I came to every element of it with an outside perspective and an appetite to help evolve what I had come to understand was a broken industry. 

From my conversations and research, it felt that early childhood educators were used to being treated as coverage, not as people, and many of our team members expressed that they were coming from settings where taking a personal day meant guilt and apologizing.

The resets become something people protect by giving their all when they are inside our walls. Our teams plan their own vacations around it, and they feel valued and appreciated knowing that we see them as humans who are living their own lives. We show up for each other; in this case that means not showing up at all for a week. 

There were some skeptics and drawbacks

Childcare is an industry where the unwritten rule is that you never close, and I heard concerns, but once people realized that parents understood it immediately, the arguments ended. At the end of the day parents know better than anyone what running on empty does to a person who cares for children. The skeptics were asking, “How can you afford to close?” Our members were happy to support their hard-working Haven family with this time.

For one week, families who count on us need another plan, and for dual-income households that is a real ask. We owe them enormous notice, and we give it. The balance of two separate weeks of time off, when weighed against the turnover we avoid and the energy our team is able to bring to the table, makes the time a small cost in the long run.

There are also some clear advantages

Retention, of course, but this also supports our goal of showing up wholeheartedly for all of the children in our care each day. It shows up in recruiting, because the best early childhood educators see that we take their work seriously and want to work where they are treated with the appreciation and support that should be afforded to anyone committed to such a critical career. It takes committing to your values to then determine what is necessary to achieve the end goal. 

Doing that has helped make decisions like this easy. It feeds into the main advantage of showing up for your team. They are then more able to show up for their crew of children. We are a Great Place to Work certified company, and 100% of our team this year said that Haven is a great place to work. You don’t get a number like that with pizza Fridays; you get it from seeing each person as an individual and showing up for them. 

Our closures are predictable. We schedule them more than a year in advance, families learn about it during their enrollment process, and we anchor it to two of the historically slowest weeks of the year. In the run-up, we over-communicate and set expectations clearly so it does not creep up on anyone. For inquiries, it is actually a great indicator of our commitment to quality service when a family that reaches out about membership sees our out-of-office reply and gets to know who we are at our core a little better. 

Why I created Haven

Haven is childcare, workspace and fitness under one roof, built around one idea we call familycare: care for the whole family. 

A parent can drop their little one into a fully licensed, play-based classroom where they will benefit from our proprietary Haven Method curriculum. They are then welcome (but not required) to walk 30 seconds to our intentionally designed workspace, take a fitness class, go for a run or jump on a bike between meetings, get a massage, a facial or even just a hot shower. And, most importantly, save tons of time by not having to shuffle between everything. They can be present for the moments that matter, all in one community built for whatever their day requires. 

I started developing the concept for Haven when I had my own newborn and toddler and a need for that “village” everyone has always talked about. We built our first club in Middletown, Rhode Island and opened when my youngest turned 2. Today we have clubs in Rhode Island and New Jersey and have recently begun franchising so passionate local owners can bring Haven to their own communities.

Revenue has grown every year since we opened in 2019

Our established clubs operate at healthy margins. With our growth program underway, the next five years will see Haven evolve into a national network. The interest in opening Haven clubs has been overwhelming. Our lead volume has quadrupled since January, and demand from families continues to outpace supply both locally and at an industry-wide level.

By 2030, our plan calls for more than 100 Haven clubs open across the country. In people terms, that’s thousands of jobs: educators, directors, general managers and dozens of empowered Haven club owners. Women have submitted 86% of all of our new club opening leads. 

On satisfaction, my target is genuinely unreasonable, and I don’t care: Keep the Great Place to Work score at 100% as we scale. Most people will say that’s impossible past a certain size. But the entire Haven platform has thrived on doing what folks have balked at in childcare; we plan to keep that up. 

My advice for founders

First, build your values into the fabric of every element of your company, not just something you hang on the wall. Anyone can write “we value wellbeing.” Your culture is the sum of what you’re willing to do at the expense of “it’s always been done this way” or simply the bottom line. You can’t fake authenticity or a healthy culture.

Second, stay curious always. If what you are working towards has a solid purpose, that curiosity will allow you to keep doing the next right thing. I wasn’t a childcare expert or an expert in brick and mortar businesses, or even technical development when I started, and that blank slate and open mind has become one of Haven’s superpowers. 

If you pair curiosity with surrounding yourself with experts who are incredibly insightful and passionate about what you are doing, you’ll keep winding up way beyond wherever your wildest dreams took you. There are so many things I have learned that I would share with founders, but at the end of the day, the last thing I’ll share is: As long as you believe wholeheartedly in what you are doing, as long as you have no reasonable doubt in it, keep going. 

Intel Costs 62 Times Next Year’s Earnings. It Lost $11 Billion Over the Past Year.


Intel (INTC +0.97%) carries one of the stranger price tags in the market right now. The chipmaker’s net loss over the past year comes to about $11.3 billion. Its stock, meanwhile, trades at about $105 as of this writing, up more than 350% from its 52-week low of $22.78. And it costs about 62 times what the company is expected to earn on an adjusted basis over the year ahead.

A company losing billions doesn’t usually command a $550 billion market value and a premium growth multiple at the same time. The market has decided Intel’s losses aren’t what they appear, and on that point, I think the market is right.

Whether the stock is worth that price is a different matter.

Image source: Intel.

Charges, not cash

The second quarter shows what the red ink is made of. Intel reported an $11.0 billion net loss for a quarter in which revenue climbed 25% from a year earlier to $16.1 billion.

Nearly all of the loss traces to a $12.5 billion non-cash, mark-to-market charge on shares Intel holds in escrow for the U.S. government under its CHIPS Act agreement. The first quarter followed the same pattern, with a $3.7 billion net loss that included a $3.9 billion goodwill impairment and another $1.1 billion escrow charge.

Set those items aside, and Intel is already profitable. Non-GAAP (adjusted) net income was $1.5 billion in the first quarter and $2.2 billion in the second.

Gross margin is climbing, too: 39.4% in the first quarter, 40.4% in the second, and management guided to 41% for the third — a steady expansion. And revenue growth accelerated, from 7% year over year in the first quarter to 25% in the second. Management’s own forecast even calls for positive earnings of $0.31 per share in the third quarter on a GAAP basis.

In other words, the swing from red ink to black is already underway.

What is 62 times buying?

The loss, then, is mostly an accounting story. The stock’s valuation is harder to explain away.

At about $105 a share, Intel trades at roughly 62 times its projected adjusted earnings for the year ahead — projections that work out to only about $1.70 per share from a company valued at $550 billion. And management’s own third-quarter guidance implies something similar. Annualize its guided $0.38 of adjusted earnings per share, and shares trade at roughly 70 times the company’s current earnings pace.

Demand isn’t the concern. CEO Lip-Bu Tan said in the company’s second-quarter earnings release that “AI is driving unprecedented demand for compute,” and the numbers back him up. Revenue in Intel’s data center and artificial intelligence (AI) segment rose 59% year over year to $6.3 billion last quarter.

Growth like that could well continue. After all, management says supply, not demand, is what limits the business right now.

But growth that has already shown up doesn’t get a stock to 62 times earnings on its own. The rest of the price rests on something that hasn’t happened yet.

Intel Stock Quote

Today’s Change

(0.97%) $0.99

Current Price

$103.49

The $8 billion swing

That something is the foundry. Intel’s products businesses already earn plenty. The client computing and physical AI group posted $2.3 billion of operating profit last quarter, and the data center and AI group earned $2.5 billion. Intel Foundry, the chip-manufacturing arm, gave $2.1 billion of that back — a loss pace of more than $8 billion a year.

Chief Financial Officer Dave Zinsner said last year that the foundry was on track to break even sometime in 2027, and the losses are narrowing, down from $2.4 billion a quarter earlier. Ending them would roughly double the company’s current adjusted earnings pace all by itself. Much of that swing, I’d argue, is already baked into the stock’s price.

However, the foundry is still overwhelmingly Intel’s own customer. External customers supplied $293 million of the unit’s $5.8 billion in second-quarter revenue. Intel 14A, the manufacturing process meant to win outside chip designers at scale, isn’t scheduled for high-volume production until 2028, so meaningful outside revenue may be a couple of years away.

And the spending comes first. Intel raised its 2026 capital spending outlook to more than $20 billion, expects significantly higher spending in 2027, and sold $20 billion of new stock at $95 a share this month for general corporate purposes.

The turnaround looks impressive. Revenue is accelerating, margins are expanding, and the adjusted bottom line has been positive for two quarters running.

My problem is the price. A 62-times-forward multiple leaves the stock priced for a foundry payoff that still depends on customers who mostly haven’t signed yet. Even a company executing this well can be an expensive stock, and I think Intel is one right now.

Where I am investing | 💵 2000 USD invest | Global Invest



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GLOBAL INVESTING 2026 — Why 30% Global Exposure is NOT Optional | AI Stack, INR Crash & New World Order

🎙️ 16-நிமிட technical breakdown — Tickertape-மூலம் listed countries-க்கு invest, AI Stack-ஐ 5 layers-ஆ பிரிச்சு sector exposure, AI hype இல்ல — physical infrastructure ஏன்-ன்னு IEA data வச்சு prove பண்றேன்.

Sources:
🔗 IEA Energy and AI: iea.org/reports/energy-and-ai
🔗 IEA Electricity 2026: iea.org/reports/electricity-2026

📊 KEY DATA

🔻 INR DEPRECIATION
• Mar 2025: ₹85.53 → May 2026: ₹94.50/USD (11% loss)
• RBI forex: $728B → $690B in 3 months
• Oil import: ₹1,23,000 Cr/year

📉 MSCI EM (May 2026)
• Taiwan: 24.84% (TSMC = 14.2%!)
• S.Korea: 23.05% (doubled in 8 months)
• China: 18.69% | India: 11.94% (was 20%)

⚡ IEA HARD NUMBERS
• Data center power 2024: 415 TWh → 2030: 945 TWh
• AI data centers grew 50% in 2025 alone
• US data centers greater than aluminum, steel, cement and chemicals COMBINED by 2030
• China + US = 80% of growth
• By 2027: 1 rack = 65 households power

🏗️ THE AI STACK — 5 LAYERS

⚡ L1: ENERGY AND INFRASTRUCTURE (15%)
“AI without electricity = car without petrol”
→ Nuclear, gas, renewables, grid gear
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→ ETF: XLU | Risk: LOW-MED
→ 🇮🇳 No Indian equivalent — NTPC/Adani are coal-heavy

🔧 L2: HARDWARE AND SEMICONDUCTORS (30%)
“Picks and shovels of the AI gold rush”
→ Only 3 cos make leading chips. NVIDIA = 80% AI GPU. ASML = ONLY EUV maker
→ Stocks: NVIDIA (NVDA), TSMC (TSM), ASML, Broadcom (AVGO), AMD, Micron (MU), SK Hynix
→ ETF: SMH/SOXX | Risk: HIGH
→ 🇮🇳 No chip manufacturing yet

☁️ L3: CLOUD COMPUTING (30%)
“Landlords of the AI economy”
→ Hyperscaler CapEx 2026: $570 BILLION (Morgan Stanley)
→ Stocks: Amazon (AMZN), Microsoft (MSFT), Google (GOOGL), Oracle (ORCL), CoreWeave (CRWV), Equinix (EQIX)
→ Risk: MEDIUM
→ 🇮🇳 TCS/Infosys USE AWS, don’t OWN

🧠 L4: LARGE LANGUAGE MODELS (15%)
“The brains of AI”
→ OpenAI valued $500B. Training: $500M-1B. Only 6-8 cos can afford
→ Plays: MSFT (49% OpenAI), GOOGL (Gemini), AMZN (Anthropic $8B), META (Llama)
→ Risk: HIGH
→ 🇮🇳 BIGGEST GAP — no Indian LLM

📱 L5: APPS AND SOFTWARE (10%)
“Where AI meets customer”
→ ChatGPT: 800M weekly users. Copilot: $30/user/month
→ Stocks: Adobe (ADBE), Salesforce (CRM), ServiceNow (NOW), Palantir (PLTR), Snowflake (SNOW)
→ ETF: IGV | Risk: MEDIUM
→ 🇮🇳 Freshworks = one Indian play

💡 WHY 30% GLOBAL?

1️⃣ Currency Hedge — INR fall = USD gains in ₹
2️⃣ Sector Access — AI hardware, hyperscalers NOT in India
3️⃣ Concentration — 11.94% MSCI = MISSING AI rally
4️⃣ Physical Proof — Shareholders forcing Amazon/MSFT/Google to disclose data center power and water (Apr 2026)
5️⃣ India = Defensive | Global = Growth

⚡ SIMPLE 3-ETF STRATEGY
• QQQ (60%) — Covers L2, L3, L4, L5
• SMH (25%) — Pure semiconductors
• XLU (15%) — Energy/utilities

🤝 PARTNERSHIP DISCLOSURE

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This video is for educational purposes only and does not constitute investment advice. Please consult a SEBI-registered investment advisor before making any investment decisions. Mutual fund and equity investments are subject to market risks.

#GlobalInvesting #TamilFinance #AIStocks #INRDepreciation #Tickertape #AIInfrastructure #TSMC #NVIDIA #DataCenters #IEAReport #USStocks #GlobalETF #DubaiNRI #USNRI #TamilYouTube #AIStack #semiconductors #madurai #maduraiveeran #ai #quantum

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[8/10 & 8/17] Dunkin: Free Refresher With Promo Code ?? At 12PM ET


Update 8/8/26: This will be back on 8/10 and 8/17 with codes going live 12PM ET

The Offer

  • Dunkin Donuts is offering a free refresher with promo code DUNKINDI3HARDS

Our Verdict

Free is free. 

Why the rent-vs-buy math is starting to turn


The gap between renting and buying a starter home just hit its narrowest point in over a year



The World Cup Added $83 Million to Boston’s Economy. Now the City May Let Bars Stay Open Later



After a summer of lucrative partying, city officials hope the state will change its the liquor laws to let bars stay open until 3 a.m.

Trump pivoted from bombs to economic war. But in Iran’s view, the real fighting hasn’t started yet



President Donald Trump has repeatedly signaled he’s in no hurry to reach a deal with Iran as he pivots from all-out war to a campaign of economic pressure.

After 40 days of heavy bombing and two more weeks of daily attacks, the U.S. is now relying on a naval blockade to force Iran to fully reopen the Strait of Hormuz and return global oil markets to normalcy.

But the regime has plans to go into attack mode soon if there’s no diplomatic progress, forcing the U.S. back into major combat just as vulnerabilities have emerged in its own military.

Iran has shifted from a defensive stance to a “fully offensive” ​one, a senior Iranian official told Reuters on Monday, citing the stalemate with the U.S. on talks.

Unless the U.S. implements the June ceasefire deal in a few weeks, Iran will launch a “timely and precise” ​attack to break the blockade, the official warned.

“Iranian entities must be prepared to escalate tensions ​in the Strait of Hormuz and wider region, as Iran will be ready to make ⁠decisions and take action on difficult decisions,” the official added.

The threat comes after Iran recently reorganized its military to be more aggressive as factions in the government abandon hopes for negotiations.

Sources told The Wall Street Journal Arab intelligence detected preparations for a wider war, including the deployment of Iranian commanders, weapons, and intelligence to regional militias aligned with the regime.

Iran’s Islamic Revolutionary Guard Corps has also drawn up plans for more escalation, such as sabotaging internet cables in the Persian Gulf, fomenting unrest in neighboring states with large Shia populations, and even a potential ground assault in Kuwait, the report added.

“There is also a widespread view in Iran that the main war has not yet begun,” Mohammad Hassan Sangtarash, a Tehran-based defense analyst close to the Iranian government, told the Journal. “What we have seen so far is increasingly interpreted through the lens of ‘salami-slicing’ tactics—limited, incremental escalation designed to weaken capabilities before a larger confrontation.”

Despite seeing its conventional forces decimated by the U.S.-Israeli bombardment earlier in the war, Iran has seen its tactical situation improve recently.

Iran has developed new missiles that are better at evading air defenses, making U.S. military assets and allied oil infrastructure around the region more vulnerable.

The U.S. military has also expended much of its interceptor stockpile, which is now so low it reportedly factored into Trump’s decision to call off a major re-escalation of war.

In addition, even maintaining the naval blockade has strained U.S. forces as the U.S.S. Abraham Lincoln aircraft carrier struggles with mental health and supply issues amid a record-long time at sea. Another carrier is on the way to take its place, but other ships performing blockade operations are likely facing similar logistical concerns.

The conditions could be ripe for Iran to test U.S. resolve. And given the harm the U.S. blockade was causing, Iran wasn’t expected to stand idly by, especially now that it has more military leverage to exploit.

Majidreza Hariri, the head of the Iran-China Joint Chamber of Commerce, recently admitted the U.S. blockade will eventually inflict more economic damage than actual war.

To avoid this, he urged the regime to do whatever it takes to end the blockade, “whether through negotiation, supplication, threats, or even war.”

“We must also eliminate the perception in the U.S. that it can resort to such an action whenever it wants, and make it understand that the consequences of such a move could be severe,” Hariri added.

Cash Is King: ECB Report On Digital Payments Show Digital Payments Rising But Cash Still A Thing


The European Central Bank (ECB) recently released a report on digital payments, comparing them with cash payments. While crypto payments remain a small share, overall digital payments are rising. At the same time, cash is king.

The report outlines payment acceptance among euro area companies shows:

  • 92% of companies selling goods and services at physical locations accept cash, up from 90% in 2024
  • 88% accept physical card payments, compared with 87% in 2024
  • Mobile payment acceptance has jumped from 36% in 2024 to 68% in 2026
  • Cash acceptance is highest in Greece and Italy at 99%, and lowest in Belgium at 81% and Cyprus at 76%

Pratiksha Pathak, Partner and Head of Payments at RedCompass Labs, shared her opinion on the report, noting that last year everyone wondered if cash would survive the arrival of instant payments. She says data shows mobile payment acceptance has almost doubled, while cash acceptance has edged higher. Pathak says that digital payments are growing rapidly without pushing cash out.

Cash continues to set the benchmark for privacy, reliability and resilience, and those are qualities the digital euro and other new forms of money will have to reproduce. The future of European payments increasingly looks less like a cashless economy and more like a multi-rail economy, where cash, instant payments and new forms of digital money coexist.

 “For banks, trying to predict which form of money will ultimately win is the wrong strategy. The priority should be building payment infrastructure that can move seamlessly between cash, bank deposits, instant payments, CBDCs, tokenized deposits and stablecoins as the ecosystem evolves.”



E TU COSA FARESTI ?? #apple #iphone #finance #money #investment



NON SONO UN CONSULENTE FINANZIARIO, e QUESTI NON SONO CONSIGLI FINANZIARI. E se invece di comprare il nuovo iPhone 17 Pro avessi investito gli stessi soldi in Apple? In questo video scoprirai quanto sarebbero cresciuti quei soldi in soli 10 mesi e perché confrontare spese e investimenti può cambiare completamente il tuo modo di gestire il denaro.
Se ti interessano investimenti, azioni Apple, borsa, ETF, finanza personale, educazione finanziaria, risparmio e come far crescere i tuoi soldi, questo video è per te.
Ti sorprenderà quanto può fare il tempo quando i soldi iniziano a lavorare al posto tuo.Tu cosa avresti scelto: il nuovo iPhone o investire in Apple? Scrivilo nei commenti.
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