By the numbers: 50m pounds of syrup, child care’s 1% profit margins, and more

Subscribe for your daily dose of unconventional business news 🚀

Please provide a valid email address.

Source: Creative Touch Imaging Ltd./NurPhoto/Getty Images

By the numbers: 50m pounds of syrup, child care’s 1% profit margins, and more

1) In what’s perhaps the most Canadian stat of the year, the Quebec Maple Syrup Producers group will release 50m pounds of syrup (½ of the supply) from its strategic reserve to address a 21% spike in demand on one end and low yields on the other.

2) In most states, child care costs more than in-state college tuition, and the individuals providing care — 87% of whom completed some higher education — earn ~$24k annually. The dicey business model means the average child-care center has just a 1% profit margin, according to the US Department of the Treasury.

3) Some news about Huckleberry Finn(ance): As with many things at the moment, huckleberry demand is up and yields are down. The $50m huckleberry market has seen per-pound prices double to $17 in the last 2 years.

4) Cavity to fill: Around 10% of dentists in America are educated at NYU, where they can expect to spend $572k+ on their education. The program’s 2015 and 2016 graduates had a median debt of ~$349k and median income of $82k 2 years after graduating.

5) Shares of e-signature company DocuSign dropped 42% Friday after the company lowered guidance for the 4th quarter. As pro-memer Dr. Patel said so eloquently, “Docusign stock price [is] down… after analysts discover that the entire business can be replaced by pen and paper.”

Topics:

Food

Saas

Related Articles

Get the 5-minute news brief keeping 2.5M+ innovators in the loop. Always free. 100% fresh. No bullsh*t.

Please provide a valid email address.

We're committed to your privacy. HubSpot uses the information you provide to us to contact you about our relevant content, products, and services. You may unsubscribe from these communications at any time. For more information, check out our privacy policy.

This form is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.