The Inversion Investor

The Inversion Investor

Starbucks’ Bear Cup War: When Scarcity Meets a Miserable Real Economy

Peter Pham's avatar
Peter Pham
Nov 18, 2025
∙ Paid

Walk into a Starbucks right now and you’ll feel it immediately — a strange, almost comical tension under the surface. A simple holiday cup has turned into a battleground. The limited-release bear cup is being snapped up the moment it lands, not by customers, but by employees who immediately flip it online for multiples of the retail price.

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