Mark Cuban – Post Covid Texas ReOpening Analytics DD

by Sneakyche

Mark Cuban Texas Reopening Report

Mark Cuban went ‘Big Short’ on the Coronovirus and hired his own army of wage slaves to survey the new post-covid opening of the Texas Economy. He says he will do follow up analytics as well.

IMO doesn’t look great, but who thought it would?

Methodology:

We called ~1000 restaurant and retail locations based on popularity (we used # of reviews on Yelp by category as a proxy) to assess full re-open rate (open for dine-in, in-person shopping etc.)

We conducted physical audits at ~300 locations across restaurants and retail locations in Dallas to assess compliance against state re-opening protocols

1)Re-opening Rate: Only 36% of businesses chose to open on the opening weekend

2) Aggregate Degree of Safety Protocol Compliance – By Locations: Overall – 96% of businesses were non-compliant across all mandatory protocols and all locations. The extent of non-compliance is dramatic with ~1/3 of all locations being <50% compliant across mandatory protocols as established by the Governor’s office.

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3)Aggregate Degree of Safety Protocol Compliance – By Protocols: On average, ~60% of mandatory protocols were followed and ~54% of all suggested protocols were followed. In aggregate – locations followed ~58% of all mandatory + suggested protocols.

4)Individual Location Assessments: Overall – there is a wide discrepancy amongst individual level performance by location type.

5) Comparative Benchmarking Assessments: We’ve done very preliminary levels of comparative analysis, but early assessments show a pattern in the data of highly variable compliance within a parent franchise.

TLDR: Mark Cuban says the opening is mostly for show and majority of small businesses have no idea how to operate post-covid.