This guy makes millions selling ugly fruits

Abhi Ramesh has built a $2 Billion empire from a simple Shopify store. But this is not the only story, Trump has decided to take a bet by Investing $500 Billion investment in AI, which is 2% of the US GDP in order to compete with China.

TODAY IN THE BOT BOX

• Market Pulse: People, Money, & Finance

• This Guy Makes $385 Million a Year Selling Ugly Fruits

• Under the Radar: AI Startup Shaping Legal Services

• 5 Tools for Entrepreneurs and Techies

• Debunking Myth: You Need to be Rich to Invest in Real Estate

MARKET PULSE

🔮 Futuristic Finance: Goldman Sachs AI sweeps Wall Street as they roll out their AI assistant to 10,000 employees including bankers, traders, and asset managers.

📱 Reel Deal: Netflix shares soar as they add 19 million paid subscribers in this quarter crossing a total of 300 million paid memberships beating everyone.

✨ It’s Official: President Trump announced a $500 billion AI infrastructure investment, which is 2% of US GDP – with the help of OpenAI, SoftBank, and Oracle. The aim is to create 100,000 US jobs and keep the US ahead of China in AI development.

📈 Market: Stocks rose on Tuesday as investors reacted to President Trump’s early policy decisions, including his announcement that tariffs are on the way. Meanwhile, Walgreens' stock dropped after the Justice Department filed a lawsuit accusing the pharmacy chain of filling millions of unnecessary opioid prescriptions and asking the government to cover the costs.

THE DEEP DIVE

This Guy Makes $385 Million a Year Selling Ugly Fruits

Background? One day Abhi Ramesh with his girlfriend stood on an apple orchard rural farm in Pennsylvania in 2018. He looks at hundreds of apples lying around. So, he asked farmers why they were down there. The farmer replied Abhi, that these apples are ugly and no body wants them.

So, they would first try to store these perfectly ugly edible fruits for a month or two - if they couldn't be sold, they'd be discarded.

The Big Move? Hearing the farmer’s words a light bulb moment came for Abhi, he made a cheap deal with farmers to buy all ugly apples (from now on).

Then he went back to his home, took all his credit cards, and applied for a loan of $150k. Then he hired a freelancer for the logo and made his Shopify store named ‘Misfit Market’ and started running ads on it.

Impact? His first order came after 4 weeks, after the first few months Misfit Market orders increased from 1 order to 5 orders per week. But it wasn’t long before that order increased to 200 boxes a week by the end of 2018.

In the year 2020, Misfits single-handedly shipped almost 77 million pounds of food to more than 4000+ households across the USA. It was also time Abhi raised funding for his company to move to 10,000 sq.ft. from 700 sq.ft. storage.

Takeaway? In 2021, Misfit Market was doing so well, that they secured their second investment of $200 Million. Today, the Misfits Market evaluation crossed $2 Billion.

The biggest takeaway from Abhi’s story is to be bold and persistent.

UNDER THE RADAR

This AI Startup is Transforming our Legal Services

This week’s ‘Under the Radar’ pick is Eve, an AI-powered legal tech startup based in San Francisco, which recently raised $47 million in funding.

The company mainly focuses on helping personal injury law firms streamline their operations. Eve’s platform improves:

• client intake

• case evaluation

• document drafting

Which helps law firms handle more cases and boost revenue.

According to Eve CEO Jay Madheswaran, this technology helps tackle inefficiencies and increases transparency in legal workflows.

Why it matters? Eve’s competitor, EvenUp, recently secured $135 million in funding and is valued at over $1 billion. With AI trained on personal injury cases and medical records, Eve is well-positioned to revolutionize or reshape the legal industry.

5 STARTUPS TO WATCH

Tools for Entrepreneurs and Techies

✅ Trello: This is project management tool that helps in organizing projects, setting objectives, and monitoring progress efficiently.

✅ Needle: It help you connect your company data and let AI do organization-wide searches to find information in seconds.

✅ Fenado AI: An AI-powered platform that converts your complex ideas into fully functional apps/websites with no code.

✅ FreshBooks: A finance management solution offering invoicing, expense tracking, and tax computation, simplifying accounting tasks for entrepreneurs.

✅ Browser Use: A tool that combines AI capabilities with browser automation to make web interactions seamless for AI agents.

^{*No affiliate link included}

DEBUNKING FINANCIAL MYTHS

Money myth — You need to be rich to invest in real estate.

Reality: While buying a house or an apartment may require substantial savings, there are now ways to get started in real estate with far less money.

Different platforms like Fundrise, Roofstock, or RealtyMogul allow people to invest in real estate projects for as little as $500. These platforms pool funds from multiple investors to finance properties like apartment buildings, commercial spaces, and rental homes.

Additionally, you don’t have to own physical property to invest. Real Estate Investment Trusts (REITs), which function like mutual funds for real estate, let you invest in real estate with just a few dollars through stock market platforms.

The bottom line: You don’t need to be wealthy to start building wealth through real estate — you just need the right tools and a plan.

QUESTION OF THE WEEK