The Best One Yet - 🐯 “MrBeast vs Squid Game” — Trump’s SPAC updates. MrBeast’s re-creator vid. Electric charger highway

Episode Date: December 8, 2021

Former President Trump’s new “Truth” SPAC is 1 month old and just snagged its 1st SEC lawsuit. YouTube sensation MrBeast just recreated all of Squid Game and got more views than Netflix. And 50 power companies are teaming up to cure range anxiety with a transcontinental railroad of chargers.$CHPT $QS $DWAC $GOOG Got a SnackFact? Tweet it @RobinhoodSnacks @JackKramer @NickOfNewYorkWant a shoutout on the pod? Fill out this form:https://forms.gle/KhUAo31xmkSdeynD9Got a SnackFact for the pod? We got a form for that too:https://docs.google.com/forms/d/e/1FAIpQLSe64VKtvMNDPGSncHDRF07W34cPMDO3N8Y4DpmNP_kweC58tw/viewformLearn more about your ad choices. Visit podcastchoices.com/adchoices Hosted on Acast. See acast.com/privacy for more information.

Dude, what comes after trillion? Zillion. Dissue. Dugillion. Quadrillion. The answer is quite trillion. Backchap, aisle six. Three, two.

This is Nick. This is Jack. This is Snacks. Daily. It is Wednesday. December 8th. Today's pod. Yes.

It's the best one yet. It's a TBLI. Jack, did you hear what Elon Musk said, though? No. He said podcast co-host is a made-up title. No, it's not. It's not. It's a real thing.

First story, Jack, what do we got? Netflix. created the show Squid Game. It was a big hit. But YouTube legend Mr. Beast recreated Squid Game. For our second story, 50 electric power companies

are building a coast-to-coast highway of electric car chargers. Jack, we haven't seen this since. Hands Across America? For our third and final story, there is so much news about the Trump stock, just like you'd expect there would be.

Snackers, there is tons of news. That's the truth. So Jack and I have an update for you. But before we hit that wonderful mix. This is actually a wonderful mix. Wild mix of stories. No one saw the Mr. Beast coming. 92% of the world communicates via emoji. Words hard.

Pictures pretty. You remember when they used to be called emoticon, by the way? What happened to that? I still don't understand we're using plural or not. Emoji are great. It's a plural word. I can articulate this thought in a sophisticated sentence with prose. Or I can use a poop emoji.

Well, we just got the update on the most popular emoji of 2021. Snackers, we got one emoji to rule them all. It dominated 2021. But first, how about all the runners up? Okay, Jack, good point. The runners up. Can we talk about the birthday cake? The birthday cake, baby.

Congratulations. Can we send a birthday cake to the birthday cake emoji? Because Snackers, it doesn't have to be your birthday to eat a birthday cake. Birthday cake launched into the top 25 for the first time this year. Congratulations, birthday cake. Celebrate accordingly. And Butterfly was the top animal this year. There we go.

Butterfly, it like morphed its way into being the number one animal of 2021. It's symbolic of transformation. And this was a year of metamorphosis. But Jack, we didn't just have winners here. Can we talk about the flag emojis? The flags. The flag was the biggest loser because Snackers, there's 258 flags. They want to be very inclusive.

And nobody uses them. This is the biggest category, but it's also the least used emoji. All right. Let's get to the point here. What's the most used emoji of 2021? Snackers, 5% of all emoji used are this emoji. Quick hint. Gen Z actually hates using this.

this emoji, millennials use it all the time. We do. Rare Gen Z millennial divide in this case. This year's most popular emoji of 2021 will be announced at the end of this podcast. Ah, they did it again. Winky face, winky face, high-five popcorn wiki face. I love it out there's goofy face and there's goofier face. Nothing like an emoji with the name. Let's hit them.

You're tuned in the snacks daily. We spoke to the lawyers and we got to get something legal out the way. The snacks about to hear rain food is air candy. They don't reflect the views of the rob. her family. It's all informational just so, you know. We're not recommending any securities. Nope. It's not a research report or investment advice.

Not an offer or sale of a security. Right. Snacks is digestible. Business news for you. Robberhood Financial, LLC, member Fenra slash SIPC. For our first story, a top YouTuber recreated Squid Game, like the entire Squid Game for a

fraction of the Netflix budget. And it got more views on YouTube than Netflix did. True story. Jack, we talk about Mr. Beast over here, the 23-year-old YouTube creator from Kansas with, give or take, 84 million subscribers. You said this best. This is Gen Z's Johnny Knoxville. When you hear Mr. Beast, though, you're thinking like, I don't know, you're thinking of like a wrestler turned gang leader or like a Quentin Tarantino character. No. No. He's a guy with a ringlight. He's basically, he's YouTube in a dude from Kansas. It's a regular looking guy that does outrageously unregular things on camera and optimizes it for

YouTube. Mr. Beast coffin. YouTube just published their top 10 most trending videos of 2021. And that coffin video was number one this year. That exact coffin video. That's how he starts all his videos. And Mr. Beast was named by YouTube as the number one creator of the year. Now, there is some controversy here like with any YouTube star. His ex-employees have accused him of a toxic work environment, for example. And he's alleged to have promoted a cryptocurrency, which plummeted and lost all the investors a lot of money. But Jack and I jumped in snacks out. And we We noticed that his latest post is fascinating for a very particular reason.

On November 24th, he published a video. Here's the title, $456,000 squid game in real life. Yeah, Jack and I were like, you know, preparing for Thanksgiving. Meanwhile, Mr. Beast recreated the entire Netflix squid game series with hundreds of random contestants, except for the old dude. No old dude. Yeah, he had the white sneakers. He played the red light, green light game with all these random people.

And even the cookie cheating scene from episode three was in the. this version from Mr. Beast. Everyone knows what they did with that lighter. But here's the one difference. There was no death. No one died. He recreated all of the kid games in the show where people died, but instead you just fake died, like a real kid's game, you know?

Like you touched the lava with your foot, you're dead. Yeah. You paid the money for the sets, the green suits, the camera crew, and the winner who got $456,000. Congratulations to Player 79. So this was quite an operation that Mr. Beast did. And it ended up getting, as of this recording on Tuesday evening, 155 million views so far in just two weeks. So, Jack, how did Mr. B's YouTube version of Squid Game compared to Netflix's like real version of Squid Game?

Mr. Bees had more views. For Netflix, there were 142 million households that viewed Squid Games in the first 28 days. Compared to 155 million on Mr. Beast's YouTube. Key here, we said more views, not more viewership. That's right. Mr. Beast's entire YouTube video is 25 minutes. That's it. Whereas the Netflix series is nine episodes. It's 488 total minutes. Oh, and also YouTube is free. Netflix is 14 bucks a month unless you're bumming your aunt's password. So it's apples and oranges. But still, Mr. Beast made this whole production in seven weeks with a three and a half million dollar budget, which compares

to Netflix's 21 million budget. And Mr. Beast reached almost as many people as Netflix did. Now, the way YouTube works, Mr. Beast takes home 55% of all the ad revenue that YouTube generates from this video per YouTube standard revenue share policy. So Mr. Beast did pretty well for Mr. Beast. So, Jack, what's the takeaway for our buddies over at Netflix, over at YouTube, and like everywhere in this industry? The recreator economy. It's the creator economy, but unoriginal.

New think Snackers, artists, they create original work. Recreaters recreate that original work with some kind of nays. nice little internet spin. The original artist here is the Korean creator of Squid Game, who actually said that he likes this Mr. Beast version. Yeah, real quote for him. He said, uh, I want more people to do this. He liked it.

Others, though, are calling this a knockoff, basically a Zuck. Yeah. And they don't like that Mr. Beast is being rewarded for making a bunch of money based on someone else's originality. But here's what Jack and I are noticing. In our meme-driven culture, we're increasingly loving recreations that go viral. And guess what? Those recreations, they pay.

Nick and I were thinking about it. TikTok is all about recreations, like the funniest video. Everything that works on TikTok, it's a recreated thing from a previous template. Snackers, look for others to recreate like Mr. Beast recreated. In fact, maybe someone will recreate Mr. Beast's recreation. Because in the creator economy, recreating pays money. For our second story, hold on to your chassis. We're seeing the biggest team up for the biggest move in electricity in a lifetime. It's called the National Electric Highway Coalition.

It's brand new, and they're building the nation's first coast-to-coast fast electric charging network. Okay, full disclosure, Jack and I just got electric vehicles, both in the last month. Kind of a funny coincidence. And we honestly love it. You know, what was a nice surprise? They gave you an adapter in the trunk so you can plug in wherever you go. Like, I went to my mom's house in New Hampshire. I plugged into her barn, like plugged it in the same way you plug in a phone.

Honestly, we're constantly to look out for different outlets in different places. But you're driving this thing around. It's like wearing noise-canceling AirPods. Only complain, the range isn't quite as advertised, but it just means I stopped in Ludlow on the one road trip I took it on instead of Nashville. And you know what?

Maybe you get to know Ludlow. And that's a lovely experience, Jack. Actually, the charging station was at a shopping mall. It was delightful. The 30 minutes I had to wait. The key with electric car snackers is you just, you get to meet a lot of people, is what we're saying. But here's the thing.

electric cars are getting a lot of attention these days, but electric car chargers just made a huge move. Well, America's biggest electric utilities, the power companies that give you juice, they just announced a goal of coast-to-coast fast charging for cars. And that is a huge deal because this coast-to-coast network, this would be along the entire interstate highway system that we all know and love. I-95 to Interstate 10, the L-I-E? Yeah, to the 101. To the 401.

use the the the the thun california i don't get the why do they call it freeway i don't know i call it a highway i'm sticking with the highway thing jack in the meantime snackers 50 u.s power companies are teaming up for this first ever network to electrify every u.s. region for cars they're cooperating and they're coordinating this is like the transcontinental railroad of electric charging bring us back to apie history sixth grade baby promontory points is that you pronounce it there was a gold spike involved and people were very happy but pacific gas Electric, Duke Energy, Southern Company, like the classics, and 47 other utilities. A lot of them publicly traded, they're all creating this big alliance. It's an alliance against the gas

stations, basically. Now, the reason this is so crucial is that we are still in the early adopter phase of electric cars. It's true. This year, only 4% of U.S. car sales were electric, which is an improvement, but it's still just 4%. So right now, 2 million cars on America's roads are electric. And that is expected to grow to 20 million, 10 times more by 2030. So it won't just be like your Prius-loving neighbor who went to Berkeley and majored in gardening. To get there, though, we'll need a lot more chargers. Specifically, the fast chargers located on highways to break up your road trip. Because Jack and I have gotten to know this very well.

There are two different types of chargers out there, Snackers. You got the home charger at home, which is like eight hours to charge your car. Or you find the fast chargers on the highway that charge that puppy in like less than an hour. Now, your average home charger is about $1,500. Yeah, so, you know, you can fit that in your home. You could afford that for your home. But a fast charger, which brings you from 0% battery to like 80% battery in less than an hour. Different story.

That is a $75,000 investment for I-95 to pay for. That is the Rolls-Royce of car chargers. Now, the infrastructure bills in Congress, the one that passed and the one that hasn't passed yet, they have some money for this, but this industry, Alliance is needed to pay for the rest. Because you're going to need someone to pay for a hundred thousand, $75,000 chargers. That is a quadrillion dollars. Give or take. So Jack, what's the takeaway for our buddies over in the electric car industry? With enough chargers, range anxiety can be cured. Yeah, Snackas, your average consumer, they're afraid that they're going to run out of juice on a

road trip. Trust us, we've spoken to our parents and in-laws. Like, they're worried about getting stuck in Kansas with like 3% battery. Uh, uh, uh, AAA. Yeah, I'm, uh, I'm like two miles past to exit three, do you have like a thousand AAA batteries for my car? Now, there's two prescriptions we're seeing to curing range anxiety. Either get a bigger battery for your car or find more charging stations so you can fill up easier. Batteries are already the most expensive part of an electric vehicle. So making them bigger would make the car more expensive. But with a nationwide charging network like what we're talking about, electric cars can have the same convenience as gas cars do. Plus, Keep in mind, you're charging at home too with the home charger so you're never leaving the garage without a full electric tank.

We see two cures for range anxiety. Bigger batteries or more chargers. This alliance thinks that more chargers is the magic pill. For our third and final story, the SEC has launched a probe into the brand new Trump SPAC stock. And the stock is down 48% from its all-time high. Okay, it's been a month now, Jack. We covered this a month ago. DeWAC, Digital World.

Acquisition Corporation. It just rolls off the tongue. In October, they announced a merger. They were acquiring this back Trump Media and Technology Group. They were. In the meantime, it's a holding company called DeWAC, which became the first stock with a former U.S. President as chairman of the company. And Trump Media and Technology Group, the group it was merging with, had incredibly undeteled plans for new social network and streaming video service called Truth. Well, guess what? The stock quadrupled. on the first day. Yeah, we covered it on this pod. And news this week, Congressman Devin Nunez from California is quitting Capitol Hill to become CEO of this new company that hasn't really launched yet.

But the big news this week about the Trump stock, authorities have officially launched a formal investigation. The Securities and Exchange Commission is probing the timing and lawfulness of the SPACquisition of Trump Media and Technology Group. Okay, Snackers, here's how this goes down. There's a rule with SPACs, which are blank check companies. Here's the deal. You got to be a blank check. The word blank is really key in this thing. Right. A SPAC does an IPO and then later they eventually announce an acquisition. Yes, that's the blank part. Could be anyone. But if the SPAC knows what company it's going to acquire before the IPO, then they can't IPO the SPACI way.

They got to IPO differently. And according to the New York Times, the head of this Trump SPAC actually met with Trump back in April before the SPAC went public. So the question is, did they agree? agree that a deal was going to happen way back in April, months before the SPAC IPOed and months before the actual announcement to the public. If they did agree that this SPAC was going to acquire the Trump media company before it went public, then the SPAC wasn't being totally honest during its IPO when it said it was a blank check company. And if DWAC investors knew a Trump deal was coming, then they could have benefited from insider information when the stock blew up on the announcement last month.

Oh, one more thing. A highly unusual financing announcement for this company this week. Funny timing. An anonymous investor has just injected a billion dollars into this Trump stock company. This isn't a typical investment to grow the company like we report on in this pod all the time. It isn't. This appears to be an investment purely intended to turn a quick profit for the anonymous investor. And we don't know who this is. This is like the Satoshi Nakamoto of the Trump stock. So, Jack, what is the takeaway for our buddies over? at a new spec stock. Truth is the name of Trump's media brand. It's also what the SEC requires. Snackers, Trump is calling his planned but not yet launched social media company,

truth social, capital T. Right. Truth is his brand choice and it's supposed to represent anti-big tech, anti-liberal bias. But the truth as in lowercase T truth is legally required for public corporations in ways that are totally different from politics. The truth is enforced by the SEC, and companies are sued for misleading shareholders. We cover that in this pot all the time. And some parts of Trump's investor deck are already getting attention for some potential to mislead. Case in point, Jack? There's one slide in this Trump deck that forecast 10 million streaming video subscribers by 2025. I'm following you. Then another slide says just one year later, 2026, it will quadruple to 40 million subscribers. Which one is it? And then there's another slide showing 30

members of the technology team that's going to build this platform. But it's just a bunch of first names and last initials. Can't do that on LinkedIn. So Snackers, Trump has created a whole new brand and that brand is called Truth, capital T. But any public company has to follow the old rule of truthfulness. Jack, can you whip up the takeaways for us over there? Mr. Beast recreated Squid Game, but with no death and also no theme of debt and indebtedness, like the Netflix version.

And Mr. Beast got bigger numbers than Netflix. because of the recreator economy. 50 major power companies formed an alliance of car chargers. You want the magic pill for range anxiety? It's a more fast chargers. For our third and final story, the Trump stock has a bunch of news. Truth. Uppercase T is the brand and truth.

Lowercase T is the rule that this company needs to follow. Actually, the brand is truth all caps because Trump. Now, time for our snack fact of the day, which is brought to you by Jack and me because we noticed there was an emoji that was used more than any other this year. All right. The most used emoji of 2021. Yes, Jack. Build it up.

Here we go. It's the laugh cry face. The laugh cry face. Most popular emoji of the year. Congratulations. There you go. Laugh cry face. Laughing so hard that you are crying,

also known as face with tears of joy. Now, use of this laugh cry face emoji jumped more in 2020 than in any other year. Makes sense because there was more joy this year. Also more tears. Okay. one out of every 20 emoji sent, it's the laugh cry face emoji. Five percent of all emoji sent. To celebrate a win here, Jack, is there anything harder than doing a podcast where you're describing

emojis? This is like antithetical to our very being right now. Existential. If I had to describe that goofy face emoji we referenced earlier, what would I do? I think we'd probably have to issue some kind of a correction at some point. No, it's best described with this sound. Podcast emojis. They're audio and they work. Snackers, you love. Look fantastic today. Jack and I would love one thing. If you could turn to whoever's next to you on your right and say, hey, HY, HYSD. If there's no one on your right, do it to your left. Please, have you had your snacks daily? That's how we grow the pie. Nick and I'll see you

tomorrow. Can't wait. If you know, you know. And before we go, congrats and shout out to Vivek, an incredible snacker who's listened to this pod every single day for a full year, straight out of Philadelphia. And congrats to Kat Sullivan and Antuckett, who's got a new job leading client partnerships over at BH Digital. Lobster rolls a plenty. And congrats to Mandala, who launched her very first NFT collection down in San Jose. Andrew Roman got a new job.

He's pumped. We're pumped because it's his dream job. Owen Jack, happy birthday to Andrew Yantila over in Seattle. And happy 27th to Natalie in Philadelphia, PA. And Roman, Maple's, happy birthday and 127 straight days of snack in down in Florida. Happy 22nd birthday to Matt Mugi Waterlink, who also just got a new job in Grand Rapids, Michigan. And happy birthday to Annie Sugar Kessler, who's in Chicago, may be doing logistics. Anybody else celebrating something today? Make sure to make it a T-Boy. Celebrate

the wins. This is Jack. I own stock of Netflix. Robin Hood Snacks, newsletters, and podcasts reflect the opinions of only the authors who are associated persons of Robin Hood Financial LLC and do not reflect the views of Robin Hood Markets, Inc, or any of its subsidiaries or affiliates. They are meant for informational purposes only and are not a recommendation to buy or sell any security, cryptocurrency, or investment strategy in any account. This is not an offer or sale of a security, not a research report, and is not intended to serve on the basis for any investment decision. Any third-party information provided therein does not reflect the views of Robin Hood Markets, Inc.,

Robin Hood Financial LLC, or any of their subsidiaries or affiliates. All investments involve risk, including loss of principle and past performance, does not guarantee future results. Robin Hood Financial LLC, member FINRA, SIPC. I call it a highway.