The Best One Yet - 🍨 “Ice Cream Tax Sundae” — Big Beautiful Bill’s scoops. Goodwipes’ porta-potty palace. Robinhood’s crypto stock.
Episode Date: July 1, 2025The Big Beautiful Bill would be the biggest law in our lifetime… so we’ll explain it using ice cream.Goodwipes launched luxury Porta-Potty Palaces to give out wet wipes… it’s a VIP Sample.Robi...nhood created a new thing: ½ stock, ½ crypto… because it moves fast by faking things.Plus, the untold origin story of… Hamilton The Musical$HOOD $KMB $SPY Want more business storytelling from us? Check out the latest episode of our new weekly deepdive show: The untold origin story of… “Hamilton 🎠From Founding Father to Broadway Star”Subscribe to The Best Idea Yet: Wondery.fm/TheBestIdeaYetLinks to listen.TBOY Live Show Tickets to Chicago on sale NOW: https://www.axs.com/events/949346/the-best-one-yet-podcast-ticketsAbout Us: The daily pop-biz news show making today’s top stories your business. Formerly known as Robinhood Snacks, TBOY Lite is hosted by Jack Crivici-Kramer & Nick Martell.GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts NEWSLETTER:https://tboypod.com/newsletter SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Anything else: https://tboypod.com/ Our 2nd show… The Best Idea Yet: Wondery.fm/TheBestIdeaYetLinksEpisodes drop weekly. Hosted on Acast. See acast.com/privacy for more information.
Transcript
Discussion (0)
This is Nick. This is Jack. It's Tuesday, T-Boy, Tuesday, July 1st.
And today's pod is the best one you add to this is a T-boy.
Here's the top three pop business news stories you need to know today.
I mean, Jack, I guess we're done with the first half of the year.
We got our mid-year's resolutions to do, man.
Our resolutions for the rest of the year.
Okay, we got to work on those. That's our workshop all week.
You ready for that?
We'll do that in tomorrow's intro.
In the meantime, Jack, we've got three fantastic stories for today's show what's on today's T-boy.
For our first story, the one big, beautiful bill has a deadline of
July 4th. If passed, it would be the biggest law of our lifetimes. So as Congress votes, we'll
explain Trump's signature legislation by using an ice cream Sunday. For our second story,
one company just invented a luxury porta potty, or as they call it, a porta potty palace.
The company is good wipes, and this ain't a free sample. This is a VIP sample. And our third
and final story is Robin Hood. Robin Hood's stock jumped 13% yesterday to an all-time hot.
Because Robin Hood just created a new thing.
It's half stock, half crypto, it's a snowfer.
Just kidding, it's not a snowver.
It's like the mermaid of money, though.
But yet it is, before we hit that wonderful mix of stories.
Whoa, what a mix of stories for a T-Boy Tuesday, Jack.
Yesterday we asked you this question.
What Broadway musical has the most words spoken during the show?
It was T-boy trivia.
If you take the manuscript for the play and do a word count,
what a musical has the most words?
The answer is not cats.
It's not wicked.
and it's not the Lion King.
No, the answer is
Hamilton, the musical.
Which most of you guessed correctly
in the comments yesterday.
Because Hamilton has 20,520 words spoken.
That's three times more words than the Phantom of the Opera.
That is 50% more words than Lem is.
And it's three times more than the average Broadway music.
Sorry, Oklahoma, long word, not as many words.
Jack, could you sprinkle on some context to the reason, please?
The reason Hamilton has so many words is rap.
Nearly every song in Hamilton is straight up hip-hop.
Check your song before you wreck your song.
So the singers are singing three times faster than cabaret.
Hey, Galinda, try to keep up.
And it's not just words.
It's dollars, too.
Hamilton is the fastest ever Broadway play to pass a billion dollars in revenue.
They did it in just 10 years.
The profits are coming.
The profits are coming.
But the story behind the curtain for Hamilton is even wilder.
Because Lin-Manuel Miranda basically wrote all 46 songs of Hamilton on the subway.
And he performed the first song at the White House.
True.
Six years before the play did its first show.
Besties added it all up, and we consider Hamilton to be the greatest creative accomplishment of all time.
That's no exaggeration.
No, it's not.
And I'm watching it this weekend.
It's a Fourth of July tradition.
But on our weekly show, the best idea yet, we will tell you how Hamilton became the most successful show ever.
And how the business of Broadway actually works?
That one's fascinating.
That's right.
It's the Untold Orch.
story of the most patriotic play everyone's obsessed with.
We got a link in the episode description.
You can listen right now or on your road trip to whatever beach you're going to on Wednesday.
In the meantime, Jack, we got three fantastic stories for today's show.
What do you say?
We hit the T-boy.
Let's take our shot.
Fifteen years before this song, two boys from the Northeast met in the dorm.
They had an idea that caused a cultural storm.
It's the best one yet, but the best is an norm.
Jack, 50%.
That's a fat tip.
Tea Boy City on your at list.
If you know, you know, because we're ready to go.
We can't wait no more, so just start the show.
First, a quick word from our sponsor.
Our first story.
The big, beautiful bill must get voted on by Congress this week.
And it would be the biggest bill in our lifetimes.
And we think the best way to explain it is with ice cream, hot fudge, and sprinkles.
Extra sprinkles.
Now, yeah, it is, you know that feeling of when you get a term paper deadline?
and you, it's like right before spring break.
Well, imagine if it wasn't the professor who set the deadline.
It was the commander-in-chief of the U.S. military.
Yeah, because President Trump just told his Republicans in Congress
that they must pass his bill by the 4th of July or they don't get a holiday.
No vote, no vacate.
Now, as far as I know, the president does not set the working hours or vacation days of Congress,
but the threat was understood.
Ah, yes, and that threat of losing a valuable three-day weekend,
It is a powerful force.
So the Senate is voting on this bill as we speak.
Now, to sprinkle on some context here, Yetis, this one big, beautiful bill act, as it is
officially known, is 940 pages long.
To read it out loud would take 16 hours.
Sorry, it did take 16 hours.
It happened on the Senate floor on Sunday.
And if you want to understand this bill, well, basically, it is Trump's social, political,
and economic philosophy in one single act of law.
Or as we call it, an ice cream Sunday of MAGA.
And yes, in case you were wondering, Elon still hates it.
He tweeted over the weekend that this bill is a disgusting abomination.
Elon even pledged to unseat any Republican who votes for this bill if it's, and I quote,
the last thing I do on earth.
Now, since this bill is an ice cream Sunday of a bill, Nick and I are going to go scoop by scoop
telling you what's in it. Yeah, Jack, let's go full Ben and Jerry on this thing. What are we getting in
the first scoops here? First, baby brokerage accounts. We covered this on the pod last month.
$1,000 per kid born during Trump's second term. It would be invested in the stock market for
they'd take the money when they're 18. Another scoop? Well, this bill will increase spending
on the military and defense, border security, and ICE. The bill would also kick an estimated 13 million
people off of Medicaid. It would cut food stamps by 20 percent, and it would end the
EV tax credit as well as other clean energy initiatives. Basically, if you want to sum up these plans,
uses the cuts to health care and the environment to pay for the defense and immigration budget.
But the rest of the bill is not paid for it all. We should point that out. It's expected to
actually add $4 trillion with a T dollars to our national debt. Because the bulk of this bill
is the ice cream scoos. Right. The $4.5 trillion in tax cuts. Those tax cuts, those are the hefty
ice cream of this bill. The one big beautiful bill act would make Trump's 2017 tax cuts, which were
set to expire this year, permanent. Now, it would also add a few new tax cuts that we haven't had
before, like no taxes on tips and no taxes on overtime pay. But add it all up, and this Senate
version of the bill is $1 trillion more expensive than the one the House passed one month ago. So,
Republicans added a $5 trillion increase to the debt ceiling in there, just to give them a little bit
a wiggle room, which would be the biggest debt ceiling increase of all time. And now,
Bessies, we should point out it is not clear that the biggest meal in our lifetimes is actually
going to pass through Congress. Two Republican senators appear out, and Republicans only have
space to lose one more senator. But in the meantime, we should point out how big $4.5 trillion
is as a price tag. What do you think, Jack? The $4.5 trillion in debt this is going to add to
America could buy every American in iPhone every year for 15 years.
years. Or just 15 iPhones right now. But then the camera upgrades, you don't get the camera
upgrades. Jack. So Jack wants the takeaway for our buddies who are everyone in America. The big,
beautiful bill is an ice cream Sunday for the wealthy with populous sprinkles on top. Now,
Yeti's, the most expensive part of this bill by far is the tax cuts. And the majority of the tax
savings will go to the wealthy. In fact, 90% of the tax cuts are an extension of Trump's previous
2017 tax cuts, which mostly benefited the wealthy in corporations. The new tax cuts, the ones for
tips, overtime, and car buyers, those make up less than 10% of the cost of this bill. And the rest of
the bill, dollar for dollar, it isn't much compared to those initial huge tax cuts. So the way to
think about this bill, it's like an ice cream sundae for high-income earners. But with sprinkles on top
for populist political points. For our second story, Good wipe, the brand-disrupting toilet
is marketing their wet wipes with luxurious porta potties.
We just got the numbers, and these porta palaces are the ultimate free sample.
All right, Jack, we're going to tell the story.
We've got to talk about the worst life experience.
Retail or otherwise, what is just disgusting?
I'm 13 years old.
My brother and my dad and I are camping out at the Indy 500.
I'm already out.
It is hot as hell.
We just finished sleeping in the tent, and I need to go to the bathroom.
Is this a vacation?
No, it's not a vacation.
I go to a porta potty and I left.
You don't even need to go.
You don't even go.
The porta potty is the closest humanity gets to our caveman origins.
It is a primal experience in there, Jack.
But at music festivals nationwide,
VIP wristband holders are getting access to a luxury porta potty experience.
Get this.
We're talking golden toilets, neon signs, even red velvet rope with a bouncer.
There's beautiful music played inside to create the ambiance and hide the noise.
It's called a porter.
Porta Palace. And the company behind it, interestingly, is Goodwipe. Goodwipe is a flushable wet wipe
brand. And now we should point out yet is that this is not something you're just going to see at
music festivals this summer, right? Good wipe is parking their porta palaces outside of frat parties and
outside of college football tailgates, too. So the next time you're doing Yeager bombs over at Sig Sig SIG,
you may be relieving yourself in a giant porta potty palace made of gold. Good Wipe's fancy porta potties
are so popular, they have a wait list. 50 events want them parked where the porta potties would be.
Jack, this Goodwipes palatial porta potty is like the most in-demand toilet since, I don't even know.
The padded seat? Oh, again, that's a hot take. We're going to get canceled for that one, Jack.
I think I saw one at Bezos's wedding. In the paparazzi. No, I didn't. But let's sprinkle on a little
bit of context, Jack, because Goodwipes was the pioneer in the adult wet wipe industry 12 years ago.
competes with dude wipes, the wet wipe rival that's valued at $300 million. But together,
they are tearing up the toilet paper industry. Charmin isn't for a harmon, baby. Remember during the
pandemic when everyone started hoarding hoarding caused a wet wipe sales surge? And that's
when good wipes got acquired by Kimberly Clark. Kimberly Clark is a $40 billion company behind Cottonell.
They were getting disrupted by wet wipes, so they bought a leading wet wipe company.
strategic timing, because since then, the wet wipes industry has seen sales double every single year.
In this economy, the wet wipe is a bathroom treat yourself.
Yeah, like wet wipes are kind of like the poor man's bidet if you think about it, right?
Yeah, they are. And the market is searching for them.
But we should point out, Yeties, a fast-growing market does not mean a big market.
Which is why we have the Port of Palace.
Exactly. Good wipes is trying to get beyond the early adopter by getting the party goers.
And you know what? We just got the numbers, and it's working.
Get this. In cities that have had a porta palace, good wipes web traffic rise 34%.
Sit down. And sales jump by 10%.
Stand up and sit back down again.
At your next wedding, you could become a wet wipe convert thanks to this porta palace.
And just to be clear, these porta palaces are stacked with good wipe wet wipes.
Take as many as you want, take as many as you need. You can even take some on the go.
I know it's been an hour.
I don't care. I love it in here.
So, Jaggle, what's the takeaway for our buddies with the luxurious porta potty palaces?
It's time to evolve from the free sample to the VIP sample.
Yet is the free sample and maybe the least respected and unoptimized opportunity in marketing.
Because when it comes to free samples, we all envision the Costco free sample.
A free tiny cube of cheese at the end of Isle 6.
Can I keep the toothpick?
Sure, who cares?
But think about that.
It's a boring presentation.
It's an awkward interaction and you're randomly giving something to a person who has no intent to buy it.
Enter Goodwipes.
They just flip the script on how to conduct an effective free sample.
Because the experience is premium.
It is natural and it is totally aligned with the target customer's intent.
You are already going to the bathroom, but Goodwipes just upgraded every detail.
We think it's a case study in exactly this.
Not just a free taste, it's a flex.
Instead of a free sample, hand out a VIP sample.
Now a quick word from our sponsor.
For our third and final story, Robin Hood just went from US stock trading app to a global one
by merging stocks and crypto into an entirely new thing.
Robin Hood is at an all-time high because it moves fast and fakes things.
You know, Yeti's in the past year, Jack and I've been paying attention.
And Robin Hood shouldn't be called Robin Hood.
Should be called Sir Ships a lot.
I like Sir Lance a lot. I think that's what I said, little John. Because on Monday, Robin Hood
should three new products that sent the stock up 13% to an all-time high. Sherwin Forest is so hot right now.
Smokey the Bear is issuing a forest fire warrant. Maid Marion is making money on this stuff. Get this,
Yeties. Robin Hood is now worth $80 billion. Its stock is up 10x in less than two years.
Jack, those are Pallantier numbers right there.
And the biggest launch they announced yesterday is an entirely new financial concept.
Stock tokens, or as we call them, stable stocks.
Stable stocks.
Now, as we should point out, you know about stable coins.
We've told you about them on this show.
But stable stocks, that is an entirely new thing.
Robin Hood announced it yesterday, and it's their way to expand overseas with a backdoor move.
Now, to sprinkle on some context here, we are the context, because Jack and I are,
worked at Robin Hood for three years after we sold our first company to them.
Dude, we were in the trenches at Robinette.
We were deep. We were deep.
Now, we saw the company put out massive investments to expand to Europe, and they did so unsuccessfully.
Because expanding to Europe requires complying with massive rules and laws and regulations in each and every country.
Like Belgium. Oh, yeah. You must comply with the Belgian dip.
The Belgians won't let you sell a stock unless you put mayo on your French fries.
Well, instead of complying without ridiculous,
mayonnaise rolls, which Nick just made up. Robin Hood is going to offer citizens of the EU stock tokens,
which is a stock, but the crypto equivalent. So let's play this out. For example, Besties,
instead of buying Tesla stock directly, you could buy a token of Tesla stock equal to one share.
Robin Hood will hold actual Tesla stock and then give the owner of the Tesla token all the benefits
of stock ownership. So the value of that Tesla token rises and falls just like Tesla stock.
but technically it's crypto.
And there's much less regulation when it comes to crypto.
So stable coins, the ones we told you about before,
they give you the benefit of a fiat currency,
but quicker and with less friction and fees.
It's the same with stable stocks.
You get access to the U.S. stock market,
but without the friction and cost of regulations.
And since it's a tech product, not a stock,
Robin Hood doesn't need to comply
with all those European stock market laws.
What's the catch?
Well, I guess the catch is you're taking on the risk of Robin Hood itself.
Good point, Jack. Like if Robin Hood goes out of business, then your Tesla token, it goes away as well.
Robin Hood's goal has always been to become a global finance company. Yes, it has.
And yesterday, they stamped their passport in a way no finance company ever has.
So, Jack, I got to ask, what's the takeaway for our buddies over at Robin Hood?
Robin Hood is moving fast and faking things. And that's not a bad thing. Yet he's, for
For a while, Robin Hood was the rebel of U.S. finance. They got accused and charged with breaking
rules. Like Zuckerberg, they were moving fast and breaking things. But now Robin Hood has found
a new way to innovate. They bypass the rules altogether by faking it. For example,
Robin Hood is not a bank, but they do offer FDIC protected bank accounts using a partner bank.
And here's the other example. Robin Hood isn't regulated to sell stocks in Europe,
but they now offer stocks on the blockchain instead of the European stock market.
They're kind of faking it.
Yeah. So Robin Hood is flexing its strength here, coding in order to offer a backdoor to finance
that is cheaper and easier.
Now, it should point out, financial history is littered with examples of financial engineering
Don Wrong that can lead to a financial crisis.
But so far, investors, I love in what Robin Hood's techies have figured out.
It's a growth hack for Wall Street.
Robin Hood is moving fast by faking things.
Jack, could you whip up the takeaways for us for Tea Boy Tuesday?
The One Big Beautiful Bill Act is being voted on the Senate right now.
Trump wants it passed by the fourth.
Elon wants it passed never.
So, besties, think of this bill as an ice cream Sunday for the wealthy with populist sprinkles.
For our second story, Good Wipes is marketing their wet wipes with luxury porta-potties at events.
Their porta palaces.
And they are working.
This ain't a free sample, Basties.
This is a VIP sample.
third and final story. Robin Hood stocks soared to a new all-time high, as it offered stock tokens
to all of Europe. Robin Hood's success is moving fast by faking things. But yeties, this pod's not over
yet. Here's what else you need to know today. All righty, up first, we got the Jeff Bezos wedding
in Venice. That cost him 55 million bucks, but the real winner was the city of Venice. Venice, Italy,
brought in an estimated $1 billion of economic activity thanks to these nuptials.
if 250 people attended the wedding, they spend $4 million each over the weekend, according to that estimate.
Yeah. So if you think your vacation is expensive? Yeah, yeah. DiCaprio spent four million in Italy.
But you know how DeCaprio goes with like the room service. He's big on the room service, man.
Yeah, I don't think the $4 million includes that. And second, the TikTok update.
President Trump said he has found a group of very wealthy people to buy TikTok. As a quick reminder, it was supposed to be banned in January, but enforcement by the president has been delayed and then delayed again.
Now, Trump has basically teased and didn't say which wealthy guys want to buy this thing, and we're saying guys, because I don't think any women would be dumb enough to do this deal.
But no matter what, it still depends on China, which has no obligation to sell their prized tech company.
And finally, AI just replaced the changing room.
That's right.
Your closet just lost its job to artificial intelligence.
I think your mirror lost its job.
Yeah, good point, Jack, because Google just launched a new app.
called Dopple that they're testing out.
Like Doppler. It lets you try on clothes digitally.
It'll show you wearing that cute top
that you previously could only see online.
Hey, it looked great in that thing, by the way.
So if on the Reformation website you want to buy jeans,
you could now try them on with AI
before you add them to your cart.
Now, time for the best fact yet.
This one sent in by Dylan Schneider
from lovely Hollywood, California.
Push and play. Here we go, Jack.
Hey, Eddie, Dylan Schneider here from Hollywood, California.
Last week on the pod, you spoke about how the new Apple F1 movie put IMAX cameras inside an F1 car.
This is not entirely true.
It's a single real 65-millimeter IMAX film camera weighs up to 120 pounds and carries a thousand-foot magazine,
which only allows three minutes of shooting.
Instead, the production used a digital equivalent called the Sony Venice 2,
which records 8.6K resolution and features a detachable sensor block that allowed the filmmakers to mount three of them on the car at once.
This mini-camera system was designed specifically for this film.
Getting the sense Dylan works in the industry, Jack.
But to add it up, I think what he's saying is that because Apple was behind this movie,
they forced IMAX to create a camera specifically for Formula One racing cars.
Instead of an IMAX camera, they basically used a stable camera.
Like a digital version of the real thing.
What's through, Jack?
What's through?
Thanks for the correction, Dylan.
Yeties, you'll look fantastic today.
And now that you finish this show, we think you should take your shot on our weekly show.
episode about Hamilton is truly the best one yet when it comes to the best idea yet. Couldn't
have put a better check. You're going to learn about the whole business of Broadway, how Hamilton got
made, and why they were making millions of dollars just on the merch. So download the episode right now
and bookmark it for whatever road trip you're taking this weekend. Jack and I, we'll see you there.
And before we go, a happy birthday to Yeti Dan Drewa in Portland, Oregon, who's going to an F1
race to celebrate the big day. Perfect timing. Happy birthday to Steph C in Shinghu,
who loves her three dogs, Dogu, Wofu, and Happy.
And Ruby Sanchez is a young 60 years old,
celebrating in Balling Brook, Illinois.
Doing logistics.
And Alis Guta Tsumgoboot's talk to Matthia Schilling,
the German unicorn tracker of San Francisco.
Eating cakes and write in checks.
And Jacob Wright, aka Dub Sensei,
in Providence, Rhode Island,
Pro Town is enjoying a cool zaddy summer.
And a big shout out to Derek Edwards,
who's been listening since he was an undergrad.
Eric Fantastic to have you with us for the legendary journey.
And another shout out to Benson Putra, who's been a Yeti since the Market Snacks days almost eight years ago.
He's an entrepreneur from Jakarta, Indonesia, getting a Masters at Harvard, and Benson love having you with us.
Congratulations to Nick and Sam, who are expecting baby number one and are already setting up that 529.
And Patrice de Pesquale in Cincinnati, Ohio, made her Q3 touchpoints goal to listen to the T-Boy podcast every day.
Patrice, we are here for you.
four-year anniversary to Whitney and Aaron Chang in Salt Lake City, Utah, who've been listening
since the Robin Hood Days. Congratulations, guys. And Nariman in Toronto, Canada wants to know
if we have Civece every Wednesday. Well, I thought Cevice was sashimi until like two weeks ago.
Nariman, let's just say we got a pokey problem.
This is Jack Nick and I both on stock of Robin Hood.
