The Best One Yet - 🧳 “Purse-mobile” — Louis Vuitton’s Porsche. Chip-flation FOMO. Golden intern summer. +Profitable Time Off

Episode Date: August 14, 2026

Louis Vuitton & Porsche built a $2M car… Only two people will buy it, but *you* can own it.You’ve heard of FOMO, but what about FOMOOCH?... Fear of Missing Out On Chips.Interns graduated to dealmakers this summer… we got numbers to prove it.Plus, we’re taking vacation for two weeks, but are teasing a new series right here next week.$POAHY $LVMUY $NVDAGrab your Tickets to the IPO Tour: Our In-Person OfferingSan Francisco 9/23: https://www.ticketmaster.com/event/1C0064AFB5F688BDBoston 10/14: https://tickets.citywinery.com/event/tboy-the-ipo-tour-in-person-offering-8cdhupSeattle 11/4 (21+): https://www.axs.com/events/1446394/the-best-one-yet-ticketsNEWSLETTER:https://tboypod.com/newsletter OUR 2ND SHOW:Want more business storytelling from us? Check our weekly deepdive show, The Best Idea Yet: The untold origin story of the products you're obsessed with. Listen for free to The Best Idea Yet: https://wondery.com/links/the-best-idea-yet/NEW LISTENERSFill out our 2 minute survey: https://qualtricsxm88y5r986q.qualtrics.com/jfe/form/SV_dp1FDYiJgt6lHy6GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Linkedin (Nick): https://www.linkedin.com/in/nicolas-martell/Linkedin (Jack): https://www.linkedin.com/in/jack-crivici-kramer/Anything else: https://tboypod.com/ About Us: The daily pop-biz news show making today’s top stories your business. Formerly known as Robinhood Snacks, The Best One Yet is hosted by Jack Crivici-Kramer & Nick Martell. Hosted on Acast. See acast.com/privacy for more information.

This is Nick. This is Jack. It's Friday, the real Friday. August 14th, Anthony's Pod. It's the best one you have to this. It's a team boy. The top three pop business news stories you need to know today. Yeti's last pod before vacate, but not the last episode.

Next week, we are giving you a sneak peek on our new series that we're thrilled about. Oh, we're going to be back on August 31st, though. Mark the calendars, baby. So in the meantime, we made this episode our best show yet. Right. It's place in business, Jack. What do we got on today's team boy? For our first story, Louis Vuitton, the fashion brand, and Porsche.

The car company just created two cars together. Only two people can buy this car, but 200 people built it, and everyone can own it. We'll explain. Yes, for our second story, you know about FOMO, but do you know about FOMUCH? FOMUCH. FICH, fear of missing out on chips. It's the new tech turn that drove the first half of the year. Fomuch. And our third and final story.

Believe it or not, the most powerful person in your office today is the intern. It's the summer of the golden intern because they possess a particular set of skills. That you don't. But yet, he's, before we hit that wonderful mix of stories. What a mix to go into it with Jack. I love the mix. We're vacation maxing. Yes, we are. End of August. It's all time high for time off. Nick is flying to Italy next week. Just outside Rome. I'm pretty sure I'm staying at the same hotel Duelipa did during her honeymoon. When Dula Lipa did her honeymoon photo dumped, Nick brought the phone over to me and he said, Jack, that's where I'm staying. If I find a pair of gold hoop earrings by the beach, I'm just going to assume they're doing. He was ridiculously

excited he chose the same spot as Dua. What do I want for dinner winner? I don't know. I'll have what Dua's having. The eye, on the other hand, I already went to Rome this year. So I'm staycationing in Vermont. Are you going to camp in that 10 in the lake? Yeah, we're doing a camping trip. Okay, there we go. With the two older boys, we're going to do s'm going to do smores. We're going to like the stars. You know, I scouted your calendar jack. I saw you have 14 farmers markets booked right now. Is that physically possible? But yeah, it is we want to share a new business concept with you. PTO. It's PTO, but not paid time off. It's profitable time off.

Because according to Expedia, 53% of you did not use all your vacation days last year. And we get it. We do. We're entrepreneurs with a daily show. We feel the pressure to produce pretty much always. Because time off feels like cost. But we want to reframe the vacation from a cost center to a profit center.

Yeah, so Jack and I, we treat our time off like an investment in our brains, our bodies, our buddies, our friendships. And maybe your next big idea at work. Because Jack and I are going to be reading and thinking and talking and drinking. And thinking while drinking and talking and reading. while swimming and eating at the same time. That episode of the best idea yet we did about the jacuzzi, we came up with the idea in a jacuzzi.

We really did. So yeah, it's time to rebrand the PTO. It's not personal. It's profitable. For you and for your company. Because you get an R-O-I. Actually, an R-O-O-O-O-J. A return on out of office.

And so does your company. So, Bessie, thank you for always giving us our vacation time once a year like this. Because the truth is, You are our boss. And we hope you enjoy some profitable time off too. It's the best investment you can make. And the ultimate celebration of a win. Jack, before you toss on that bathing suit,

what do you say? We hit these three stories. Which side of the bed did you do a sleep on? 15 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 Nick, that's it.

I don't even think they need to practice. 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. Start the show. First, a quick word from our sponsor. For our first story, the Monterey car show just unveiled a Louis Vuitton Porsche?

Yes, yeah. And even though it cost $2 million, you can get in on this billionaire garage trophy. And Jack and I will tell you how. But first, let's stroll back down memory, Land Jack. Growing up, do you remember the Eddie Bauer edition? Was it a Ford Explorer? It was. It was a lane cruiser.

Or how about the LLB in addition? Yeah, what did both of those signal when you saw? I'm all-wheel drive and class years. Yeah, my boots are waterproof and I keep them in the pool house. Well, there's now a Louis Vuitton edition, Porsche. What is that signal, Jack? It signals, move your Subaru because that's my valet parking spot. I think it signals, move your Subaru because my helicopter needs to land here.

But guess how many of these new Louis Vuitton Porsches exist? Two. Just two. That's it. It's the biggest and smallest collab at the same time. And these two luxury Louis Vuitton edition Porsches were made by singer. Now, Bessie, if you're a Porsche person, then you know who Singer is. It's a 17-year-old garage in Los Angeles that refurbishes and luxurias vintage Porsches.

Yeah, it's kind of like exhibit, but they don't pimp your ride, they pimpe your rolls. No, they only do Porsche, actually. Wow. Yeah, Porsche. But this time, this custom shop got the French luxury house Louis Vuitton to hand stitch the interior. Handcrafted wood. Luxury leather interior that looks like their famous handbag. The buckles, they match the Louis Vuitton luggage, same buckles.

It's basically a handbag that you can sit down in. Yeah, yeah, it goes zero to 60 in three seconds. The chassis, 24-carat. This thing is friggin' gorgeous, by the way. Okay, but here's the problem, Jack. I mean, only two of them were made. That's right. And Singer presented those two this week at the Monterey Auto Show.

And had a sprinkle on more context yet, he's Monterey, California, that's where Big Little Lies was filmed. In Monterey, the nannies have Swiss bank accounts. And the price of each of these Singer customized Porsches is $2 million. Or about 20 Mercedes. But we should point out that Louis Vuitton is a publicly traded company. So any of us can invest in Louis Vuitton. One share is $106. That's a lot more reasonable.

Or, Jack, you could make a paycheck from this collaboration. That's right. The ultra-luxury sector that gets women like Nicole Kidman interested in Monty. Monterey, California. It's extremely labor-intensive. Handcrafted is the marketing word that gets billionaires to spend millions these days. And the surge in demand for trophy items like this, it's actually created a shortage of skilled craftspeople. So even if you're not a Monterey cagillionaire, the industry is demanding skilled craft people right now at all-time eyes. And Singer has done exactly that. They use their niche craft to turn a $100,000 vintage Porsche

into a $2 million ultra-collectable for a huge profit margin. Singer is making more money. than Louis Vuitton on this thing. So unfortunately, only two people on Earth will be able to own these Louis Vuitton Porsches. But robots didn't make it. 100 humans with skilled trades are the ones who made it. And anyone can invest in the two stocks that made this collab

possible. Even Nicole Kidman wants to do that, Jack. So what's the takeaway for all our buddies looking at the Louis Vuitton Porsche? It's the economies of scarce. Now, yet he's, Jack and I are fans of abundance thinking. In this economy, we need more of everything to lower prices, like on houses. But if you're

business building physical things, abundance is not the best business model. Well, funny thing, Porsche, the other company in this story, they just realized that after 95 years in business. Because under Volkswagen, a mass market car company, Porsche increased the volume of Porsches they made each and every year. Yeah, Vokes, they maxed out Porsche's numbers, making 320,000 of them in 2023. Can you sprinkle on the context, Jack? That is 25 more Porsches rolling off the line every year than the number of Ferraris. And that deluxe. the brand, and Porsche stock has crashed since then. There's too many Porsches. There are. But since spinning off from V-dub in 2022's IPO, Porsche now has a new operating principle.

Value over volume. And we noticed that Porsche said value over volume five times in their latest Porsche earnings. And they've reduced the number of Porsches produced for three straight years. The goal is to restore their pricing power. So, Besty's, economies of scale can be a virtue, or it can mean you're competing with China on price. That's why we're seeing an emerging business model to avoid a price war with China. Economies of scarce. For our second story, we need to talk about GDP. That's gross domestic processors.

Because our economy, our stock market, and our politics are all obsessed right now with chips. The market's not driven by FOMO though. It's driven by faux mooch. Fomooch. But Besties and Jack, if we're going to tell the story, can we like humble brag about like one of the biggest celebrities out there that now? Yeah, yeah. Yeah, the guy who invented the term FOMO.

Uh-huh. We know him. We're friends with him. He's our buddy. Patrick McGinnis, he actually advised us when we sold the company to Robin Hood. So he invented the term FOMO, true story, back in Harvard Business School. But we also know the guy who invented the term fear of missing procurement. That would be Eric Woodring, currently an analyst at Morgan Stanley, formerly a football teammate of mine at Middlebury.

He was a teammate. Well, now he is diagnosed that tech industry is having one particularly huge fear. Fear of missing procurement. Fear that they can't buy enough memory chips that they're. they critically need for their data centers and the electronics they're selling. Because reminder, your car, your fridge, your sweat-wicking, smart sweatpants, and data centers, they all are now filled with memory chips. But we have a better term for the fear that you can't get the memory chips.

Yeah, you want to share this with the Yetis, Jack? Foe-mooch. Foe-mooch. Fear of missing out on chips. Foe-mooch. It's just fun to say, also, by the way. Because Morgan Stanley and J.P. Morgan say that our economy will be short memory chips at least for two more years.

Oh, whip open the hoarder's alman, Jack. We got some hoarding on on, man. Tech companies know that we're short on memory chips, so they're hoarding as many as they can get right now. Which is driving prices even higher. And the result is you pay more. There have been a $100 price hikes on video game consoles, computers, phones, and we're probably going to see more price hikes next year. And all those price hikes are powering 1,000% stock market growth for the memory check makers out there. Like Micron and Sandisk. Okay, so pause the pod. Jack, memory chips are insane. But what's happening with processing chips is insaneer.

Oh, open up the bag of chips. What's going on, Jack? Remember the housing market crash in the mid-2000s? It was brutal. Yeah, it was driven by mortgage-backed securities. Well, this week, Black Rock's Larry Fink announced a new thing. Data Center-backed securities. That's right. A titan of American finance just boasted about this new financial engineering. Because we told you earlier this week,

a bunch of Wall Street firms did a deal with Nvidia to build $500 billion worth of data centers. But now, Jack, they're slicing up the ownership of those data centers into bonds that anyone can buy. And as long as tech companies pay those data centers to compute their AI, then data-centered-backed security. will pay interest to the owner. Just like mortgage-backed securities,

but with giant computers as the underlying assets, not houses. Okay, so even wilder than data-centered-backed securities, what is it? AI-compute futures. That's right, because Chicago's Commodities Exchange just created this other brand-new financial product as well. Yeah, we're a little nervous by all this financial engineering. This one treats digital processing power like it's a physical barrel of oil.

Like a commodity. And each compute contract would represent one-month-one. rent for like an Nvidia H-100 or Blackwell B-200 computer processing chip. It's wild. And it's all driven by faux mooch. The fear of missing out on chips. Whether you're a tech company who needs chips for your product or an investor who needs chips for their portfolio. Fomooch. So Jack, what's the takeaway for all our buddies foe mooching over there? GPUs matter more than Hormuz. Yet these capitalism was articulated by Adam Smith 250 years ago by this key phrase, the invisible hand of competition. The invisible hand. It's a reference

to the forces of buyers and sellers that result in our market price. And we estimate that there are like a million forces affecting the market. You know, you got business investment, international trade, innovation, productivity, government policy, weather, that's a factor, Jack. But right now, there's only one force that matters, AI. It overwhelms every other force in the economy. Like, follow us in this one, besties. The war in Iran, it's not solved, but it doesn't matter to the markets right now. consumer confidence is low, that doesn't matter to the markets right now. Despite all of that, our economy is still growing, and that's thanks to data centers. As we enter our two-week vacation, here's the status of the market and the economy.

You see, interest rates, inflation, taxes, tariffs, none of that's moving the market right now. If you're involved in AI, you're growing. If you're not involved in AI, you're probably flat or down. And so, Jack, what is Nvidia in this analogy? I don't know. God. Yeah, it's affecting everything. Because in our AI-dependent economy, GPUs matter more than the straight-oh-ho-moose. Our GDP, that term really stands for gross domestic processors.

Now a quick word from our sponsor. For our third and final story, never before has the summer intern been a more powerful force in the office? It's the summer of the golden intern. The numbers show it. We've got an idea to help every company benefit from this. Oh, happy interns season, all those who celebrate. It's over before you even know it, Jack. Right now an intern is doing a final presentation to the CEO, who was in the Hamptons also.

Can I put this on my resume, please? Yes, definitely put that on your resume. And embellish. Oh, it's also corporate America's annual tradition going on right now, Jack. You splurge on one last intern lunch with about 43 cupcakes. And then you go to Phoebs and put the whole thing on the company tab. But interns, they're becoming an endangered species. That's right, Jack.

The number of intern openings is down 16% from last year, and it's fallen every year for like four years now. The result, it's actually 10 times harder to get into Goldman Sachs's internship program than to get into Harvard University. Because there's so few. Smots, a 0.7% acceptance rate just to get into Goldman. Now, one reason there's so many fewer interns is that every company has to pay interns these days. For equity reasons, unpaid internships, they're kind of gone.

Yeah, they reduce the number of spots. Oh, and AI has been eliminating the number of entry-level jobs out there. So fewer interns are needed in the job pipeline. AI can summarize the data in a presentation, a job the intern used to do, and then the DoorDash delivers the Starbucks. But the flip side of fewer interns is a positive phenomenon. That's right, Jack. fewer internships, but more powerful interns.

Because if a company is hiring an intern these days, it's to do more meaningful work. Jack, it's no longer the go-for roles that we had to do, you know the ones? Go for this, go for that. Pick up the sweet green for the CFO ASAP, please. According to the Wall Street Journal, interns are in their influence era. Fewer interns, but doing more employee-level work. One key reason interns are getting more powerful is the gap. The generational knowledge gap is what we mean.

Today's college kids are more fluent in AI than veterans in the workforce. Yeah, because interns these days, they tested chatbots on the term papers and had Claude planned their class schedule during the school year. There's no better use of an AI agent than organizing the sorority rush by their Zodiac. It knows the Leo's out there. So, millennial middle managers who still think slack is cool. And boomers who still type with their two pointer fingers. They both want a 21-year-old to train the office on AI.

It's better to look stupid in front of the 21-year-old than in front of the whole. office during a presentation. Jack, we automate Carol in Accounting's Excel sheet already, please? Plus, 20-year-olds are fluent in the language of likes. Right, right. So, like, the social team is going to feel less lost right now with these golden interns. The Wall Street Journal interviewed one intern who the company flew to Paris to lead a social shoot. Jack, did your German bank ever fly to Paris on a whim? Yes, but not until I was like 26 and I earned my dears. Exactly. And we went to Frankfurt, not Paris. Because that 21-year-old's manager asked her, um, here's my idea. Is it giving Riz or is it giving

fringe, the idea depends on it. Only a 21-year-old can answer that question. And guess what, besties? Now we can actually see the value of these golden interns in the numbers. Two years ago, according to the National Association of College and Employers, 51% of interns got a job offer at the end of the summer. But last year, the rate who converted to full-time employees jumped to 63%.

You don't need interneen to pick up Starbucks or scan files anymore. We have a bigger idea for your injure. Yeah, Jack and I got a bigger idea. Get this. Jack, what's the takeaway for all of us? our buddies interning with power. You need a Gen Zier on your board. Yeties, Jack and I have mentioned this once before in the pod, but now we are stating it as an official takeaway. Every board needs someone 30 or younger on it. That's right, because the challenge in America right now is how the oldest generation is still in power, in politics, and CEO ships in real estate.

It's all boomers. So the challenge is for the rest of us. But one way that we think this group can keep power, but also let younger generations in, it's this. Add a new age to your board and make that new age a Gen Zier. Gain a fresh brand perspective, add an AI native, understand a different demographic. And cover cultural blind spots from conversations happening on social platforms you didn't even know existed.

Because these days, the comments are the content. The golden intern. It proves there's demand for younger generations, but let's institutionalize it. Institutionalize it besties. It's time to add Gen Z to your board. Jack, could you whip up the takeaways before the vacays? Porsche and Louis Vuitton.

collabbed on a $2 million ultra-collectable car. Two of them. But we need abundance, yet profits are coming to the economies of scarce. For our second story, our economy and stock market are driven by faux mooch. Fear of missing out on chips. Famoge, because GPUs matter more than Hormuz. This year, summer interns graduated from gophers to golden employees who understand AI and social. So it's time to put Gen Z on your board. But besties, this pod's not over yet.

Here's what else you need to know today. First, remember the Los Angeles Lakers sale we told you about yesterday? All-time high sports price of $12.5 billion bucks. Well, the seller was Mark Walter, an insurance billionaire under investigation by the FBI. So this explains the sale so fast. It turns out he was kind of desperate and he needed cash to cover liquidity. So Bob Eager and Jared Kushner made an offer and gave him 72 hours to respond. That's right, $12.5 billion to Mark.

Take it or leave it. He did the deal over a weekend. No bankers needed. Although it sounds like they overpaid because he was in it. General investigation and needed cash now. Would have taken one billion, guys. Would it taken one, Billy. Second, two big IPOs may happen

over the next two weeks while we're on vacation. Both of them affect your wardrobe. First, it's Xi-in, targeting a lower valuation of 30 to 40 billion bucks for their IPO in Hong Kong because fast fashion has slowed down. Meanwhile, men's warehouse may IPO while we're gone. They're planning 500 new stores

because men's suits are surging again. I mean, Jack, I can't believe we're saying this. Sheen has lost its shine while suits never been cooler. And finally, we got a new wild, all-time high. Rent. It's the worst all-time high. Yeah, rent just hit a record $5,000 in Manhattan for a single one-bedroom. $5,000 for a few hundred square feet and a constantly hissing radiator. It's up 6% from last year, twice the national average. And Nick, 5,000's the median one-bedroom in Manhattan. The mean is $6,665. Okay, can you share that stat you discussed me before the

$6,665? That was the final rent you and I paid when we shared a four-bedroom with two other guys from 2014. Yeah, in the East Village, we paid the same price for a four-bedroom as a one-bedroom today. Now, time for the best fact yet. This one whipped up by Jack and I before we head out. Your emoji are making you look old. And we just got the data on it. Two years ago, the most popular emoji worldwide was the laughing emoji. Oh, okay, but what was the most popular one last year, Jack? The crying emoji, which is also kind of laughing. And the reason why the top-trending emoji changes every single year? 17-year-old girls. That's right. According to the New York Times and Google Research, whatever emoji 17-year-old American girls start using.

Specifically when they're laughing? Yeah, the rest of the world and all age groups eventually start to use. But once everyone starts using that emoji. Then the 17-year-old girls stop using that emoji. So you know the skull emoji, which at one point you posted in reaction to something being funny? Well, 17-year-old girls started using that emoji back in 2021. And it hit peak overall usage this year in 2026. But 17-year-old girls stopped using it three years ago. When it comes to emoji, teen girls set the tone. Again, another reason you needed Gen Z. Yiddies, you look fantastic over there. Jack, you are pre-glowing right now. Before you put on the SPF, you're pre-glowing right down. I know. I just really hope this camping trip works out. You don't sound confident. I'm not going to lie.

You don't sound confident over there. I haven't camped since 2019. Well, I haven't camped ever, so I'm not confident. Bezzi's, if you're going somewhere, celebrate the wins. We want to hear it drop it in the comments. Yiddies, we'll miss you while we're gone. We hope you get some time off too. And let us know what you think about the content we're testing out on the feed next week. And while we're away, grab tickets to our live show because we can't wait to see it when

we're back. Tickets in the episode description in t-boypod.com. That's all the goodbyes, Nick. We'll actually see you on Monday. Yeah, we'll see on Monday. In the meantime, celebrate the wins. Can't wait. And before we go, a happy birthday to legendary Yeti.

She's a G, she got a birthday and an engagement to Leandro over New York City. Congratulations to C.O. and Wenbo, who both have birthdays and got engaged in Hawaii. It's engagement season and Ben Ransom from St. Paul, Minnesota is prepping for the marathon with a birthday. Happy 22nd birthday to Sia Patel and Cincinnati crushing it in social media. And Andrew Gregory enjoyed the birthday over in Chicago doing logistics. Happy birthday to Andrew Piasaki in Florida. And Dylan Steinfeld's got a new birthday and a new crib. It's Leo season, baby.

Happy birthday to Riley. in Disney. And Christine Durham, enjoy the birthday down in Florida. Happy birthday to Josh Wilmore and Charlotte,

North Carolina. And Marlon Markowitz, happy birthday down in D.C. And Chelsea Williams, the twin mom is turned in 36 in Mesa, Arizona.

And Kendi Gatobu just hosted her first lemonade stand during the World Cup final, made $200, but hasn't reimbursed mom and dad

yet for the supplies. I think you're gonna it's seed funding. Just take a 100% profit margin on that one. And Rachel from Colorado, we missed you at the photo shoot today,

but you are here in spirit. Can't wait to catch you soon. And a big shout out to Lance from ATM. I'm wearing Lance's shirt right now. Best t-shirt I've ever worn and I'm wearing it later today at the photo shoot. That's a photo shoot. And Meredith Kizm's got a new job in Alabama, but she's the Yankees fan. That's wonderful. And a big shout out to Nina, who Nick and I just gave a big hug to in the ferry building. She's a huge fan of the best idea yet. And to the Miller Girls of Woodlands, Texas. Congrats. They're going off to

to college in France and University of Texas Austin. And happy 17th anniversary to Ashley and Alex Kelly in Longview, Texas. And a special shout out to my mom. who's moving on from this incredible office building that she had for the last 20 years, had so many good memories there, but so many cool new ones coming on. And to anyone else, celebrate something today. Make it a T-Boy. Celebrate the wins. This is Jack.

We both own stock in Robin Hood. And my father-in-law owns a Porsche that I'm pretty sure he's skipping me in the wheel and going straight to watch. You're never going to drive that thing.