When he woke up on the morning of Oct. 5 — a beautiful fall day when many New Yorkers started raking leaves — Mark Guindi never imagined he would rake in something else: a cool $12,000. “It was the craziest thing,” says the handsome 24-year-old Brooklynite, who scored big in a fantasy football tourney called FanDuel NFL Sunday Million. “I wake up one day, put up a $25 entry fee, and I make 12,000 bucks.” Guindi is now making a name for himself in the upper leagues of daily fantasy football, drafting a team of real-world athletes to pit against other players. In three weeks, he’ll be trading his winter jacket for suntan lotion as he hits Vegas for the ultracompetitive Fantasy Football Championship sponsored by daily fantasy sports league site FanDuel. There, he’ll be vying for a $2 million jackpot, against the country’s top 100 players…Guindi is just one rising star in a constellation of fantasy players in the US and Canada — about 41 million, up 5 million in the last year alone. While only a small percentage is composed of money-hungry DFS players, their numbers are also on the rise. FanDuel expects to pay out more than $500 million in prizes this year and more than $1 billion in 2015. Its active users will likely hit 1 million this year — more than quadruple the previous year. [NYP via Matt]
just a suggestion
Bonus Expectations Got You Down? Boss Riding Your Ass? Quit And Support Yourself Via Fantasy FootballBy Bess Levin
If the weather’s got you down and you’re thinking of bailing on your Memorial Day Weekend plans anyway, consider printing up a bunch of fliers with your number on tear-off tabs at the bottom, post them in high-traffic areas around your office building, and give this lady a run for her money. Read more »
Blowing Your Bonus Watch ’13: In Need Of A Little Inspiration? Consider A Page From The Buzz Bissinger PlaybookBy Bess Levin
I own eighty-one leather jackets, seventy-five pairs of boots, forty-one pairs of leather pants, thirty-two pairs of haute couture jeans, ten evening jackets, and 115 pairs of leather gloves. Those who conclude from this that I have a leather fetish, an extreme leather fetish, get a grand prize of zero. And those who are familiar with my choices will sign affidavits attesting to the fact that I wear leather every day. The self-expression feels glorious, an indispensable part of me. As a stranger said after admiring my look in a Gucci burgundy jacquard velvet jacket and a Burberry black patent leather trench, “You don’t give a fuck.” The most expensive leather jacket I own, a Gucci ostrich skin, cost $13,900. The most expensive evening jacket I own, also from Gucci, black napa leather with gold threading, cost $9,800. The most expensive leather pants, $5,600. The most expensive jeans, $2,500. The most expensive pair of boots, $2,600. The most expensive pair of gloves, $1,015. Gucci by far makes up the highest percentage of my collection. The Gucci brand has always held special power for me, ever since the 1960s, when the Gucci loafer with the horsebit hardware was the rage, and my father, who fancied himself as being anti-status when he secretly loved it, broke down and bought a pair. Followed by my mother’s purchase of the famous Jackie O. shoulder bag. As a 13-year-old, I circled the old store on Fifth Avenue several times before getting up the courage to go in and buy a Gucci wallet covered with the insignia. [GQ]
Are you a down on your luck hedge fund manager who hasn’t had a good and/or original idea in a while? Did you get your face ripped off the last two years by going the wrong way on everything? Do you sense that your investors are only sticking around to be nice and/or because you won’t let them leave but will desert you the second you give them an option better than illiquid shares of a walkie-talkie passion project, unless you come up with something and fast? Then you might want to consider sticking their money in this: Read more »
Something you may have picked up on is that lately? Customers are not so happy with their banks, particularly if their banks are Bank of America or Citigroup. The websites apparently never work, there are the rage-inducing fees, and there’s the general feeling that Brian Moynihan and Vikram Pandit? Don’t actually care about them. When was the last time Brian or Vik called, huh? When was the last time they did something nice, for no reason other than wanting to? When was the last time they thought to say “You look really pretty tonight”? Can’t remember, stopped counting and not since the checking account was opened. And while it would be one thing if every other bank treated its customers like they were expendable, some don’t. Take Société Générale Group-owned-Komerční Banka. Not only do they act like they really care but give people a reason to be loud, proud customers. Read more »
As you may have heard, Wall Street is set to lay off thousands upon thousands of financial services employees over the next several months. This is truly saddening and our condolences go out to those who will be without work for whoever knows how long. Having said that, one thing we constantly hear complaints about is the insult to injury process that is an HR-administered lay off. You’re brought into a conference room, you’re told how valuable you are but at this time don’t fit into the bottom line blah blah blah, someone passes out tissues and you’re asked if you’d like your belongings boxed up and shipped to your home or if you’d like to clear out your desk yourself but either way you need to be gone within the hour, possibly escorted to the door by security. The whole thing is demeaning and downright insulting. Which is why, we’ve always wondered, if your firm is laying off scores of people regardless and you might be one of the unlucky ones anyway, shouldn’t they come up with a better way of letting you go? One that appeals to your competitive instincts and your zest for a good bet? One in which you could make some money and have some fun? Something, perhaps, like this? Read more »
Reuters reports that Raj Rajaratnam’s gal-pal will plead guilty to her part in the Galleon insider trading case this afternoon, though it’s unclear exactly what counts she’ll be copping to, and if she’ll sell Raj down the river. Also hotly anticipated- what DC will wear to the appearance. When we first laid eyes on the analyst as she was being escorted by the cops out of her building over a year ago, Chiesi was sporting wet hair and an oversized sweater; some made comparisons to Bridget Nielsen’s look, circa the Flava Flav relationship. Then, months later, she showed up at a courthouse looking like this. Read more »
Prudential Douglas Elliman broker Darren Sukenik has rules for people who come to his open houses: have the cash to buy what he’s selling, don’t waste his time, and do not bring god knows whatever is on your shoes into this apartment. In order to ensure prospective buyers abide by commandment number three, Sukenik typically insists people either take off their shoes before entering or cover them with “surgical booties.” Explaining his rationale, he told the Times, “[These] apartments are precious…you want to make it feel like a jewel box. You wouldn’t wear construction boots in a jewel box.”
Usually, people play by Sukenik’s rules. There is one group of people, however, who’ve brought some friction to the table.
Mr. Sukenik said that in the past, some buyers, especially hedge fund executives who view it “humbling” to bare their feet, have angrily stormed out.