The Best One Yet - 💩 “Smart Butt” — Casana’s toilet tech. Amazon’s new living room. Fortnite’s epic victory.

Episode Date: September 13, 2021

Toss out your Fitbit... the biggest new thing in health tech is a smart toilet that analyzes your waste. Amazon knows the average American spends 6 hours/day watching TV, so Alexa TV is taking over your TV. And Fortnite just beat Apple in court with a win that could rebalance the app universe (Bumble, Tinder, and Words With Friends are pumped).$AMZN $BMBL $MTCH $SPOT $AAPLGot 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.

This is Nick. This is Jack. And this is Snacks Daily. Welcome back. It is Monday, September 13. Monday, this is the best one. It is. Stocks fell for five straight days, though.

That was kind of real. But this is a T-Ball. And I do know what you did this weekend, Jack, because I have never done it before. You watered some sod, didn't you? You water it? What is the sod? I don't even know what this is.

You know, you can't water sod enough, so they say. I watered a sidewalk once and it didn't grow. First story, Jack, what do we do? The average American, get this. spend six hours per day watching television. Wild. Hence, the Amazon TV. New thing, Amazon TV,

because if you own the living room, you own the economy. For our second story, there's a lot of smart gadgets these days. Yeah, but you're sitting on the most powerful one. Yeah, snackers, toss out your Fitbit. Smart toilets could save your life.

Third and final story, the courtroom showdown between Apple and Fortnite has reached an epic conclusion. And the winner. The winner is, Jack the honors, Spotify. Yeah, Spotify.

And any other app that makes money on your iPhone. Wonderful mix of stories today, Jack. Good to be back. Glad we're back on a Monday because it's Horters Almanac, week 78. Horters Almanac Week 78. Things were running out of because of the pandemic. We've been keeping track. This time, we're out of Rolexes.

You probably didn't notice. Not typical. You wouldn't see that coming, but we're out of the Rolexes. The Health and Rocket Club is up in arms about the Rolex shortage. Rolex, the $10,000. watch you buy to tell people that you could buy a Rolex watch. You don't wear the Rolex knick. The Rolex wears you. Jack, one Rolex pairs well with one big. Now, one Rolex snackers may go for a cool $13,000. Very nice. But it's selling for $30,000 on the secondary market because there's a

shortage of it. I mean, we know what you're thinking, Jack, could this be a supply issue? Are we out of the Swiss elves that handcraft each Rolex timepiece? Or on the other end of the spectrum, could we be facing a demand issue, Jack? Nothing makes a I survived quarantine statement piece like a watch that costs more than a Honda. Yeah, but Snackers, here's the wild thing. Jack and I jumped in snack style. It's actually neither. It's kind of neither.

According to Business Insider, Rolex produced a million Rolexes last year. That's a lot of Rolexes, Jack. That's a lot of Rolexes to also be running out of them. So Rolexes are handcrafted at four different Swiss plants. They could add a fifth. They could add a sixth. But Rolex don't care. Part of the glory of owning a Rolex is knowing that your neighbor can't own Rolex.

Yeah, so Rolex, they want their timepieces to appreciate like an old school Mickey Mantle rookie card paperbacked. So Rolex knows there's a shortage and they're fine with it. Rolex, we know there's a shortage and we're not going to fix this. It's too cute. We're glad that toilet paper companies weren't thinking the same thing when the pandemic is. Very different strategy.

Let's hear our three stories. You're tuned in this next daily. We spoke to the lawyers and we got to get something illegal out the way. It snacks about the hair ain't food is air candy. They don't reflect the views of the Robberhood family. It's all informational just so. We're not recommending any securities. 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. Or our first story, Amazon, just made its biggest physical push ever into your home. This is big. I'm actually surprised it's taken so long for an Amazon TV.

Amazon TVs are coming, which honestly got Jack and I thinking, does anyone like really love their TV? Do you like your TV? How are you doing, Jack? Oh, I got to tell you, I got a great visia. It's just dependable. It's bright. How are the kids?

Kids are fine. But let me tell you about this Lenovo we got, which is so much better than this Samsung. Well, Amazon stepping into this commodified TV business with an Amazon branded, Amazon built Jeff Bezos blessed. 4K TV. Now, Amazon has been in the TV business before, right, Jack? But via dongle. Yeah, doggle. And here's the thing Snackers. People aren't buying dongles anymore because it's a stupid word. So they're buying a TV with a built-in software instead of the dongle. Behold, we are proud to be introducing you to this storyline. Amazon Fire TV Stick has morphed into Amazon Fire

TV Omni. That's the new thing. Now, this isn't just a 30, 40, 40, or 50-inch TV. No, it's not. This is basically a virtual assistant with a big screen. Hey, Alexa, turn up the volume. Daniel Craig mumbled something. I have no idea what he said. I can't understand him. Whether the TV is on or off, Alexa is ready on your Amazon TV. Hey, Alexa, turn the TV on HDMI to the Bachelors on ABC Bluetooth connect to the Bose captions, please. In Spanish. I'm trying to learn Spanish. Now, out of all the TVs out there, Snackers, Amazon's advantage is the Amazon. basics vantage. Amazon knows what is selling best on Amazon.com. Yeah, they do. And Amazon knows what people are searching for at the top of Amazon.com. Okay, so they designed this TV with that in

mind. This TV is Amazon optimized is what is. They also taught Alexa a new trick for this latest breed of Amazon TV. Recommendations. This is wild. This may be the most out there feature of the entire thing. Alexa, what do you recommend I watch based on the gigabytes and gigabytes of metadata you have about me? Well, because Alexa knows you well, Alexa's going to suggest, Hey Jack, you should watch Bade in Manhattan because we know you've been enjoying J-Lo on the weekends when you listen to Amazon music. They think this may solve viewing paralysis, aka Netflix, no idea, anxiety.

Yeah, we've all been there. It's a Thursday night. It's 8 p.m. And you have no idea what to watch. So you spend two hours scrolling and one hour arguing. That's the keyjack. It's the one hour arguing that gets you. Alexa's latest recommendations feature is going to cure your Thursday night arguing problem.

So, Jack, what is the takeaway for our buddies over at Alexa? Your TV is the ultimate at-home billboard and Amazon nosing. Snackers, wild stat that Jack and I noticed. Amazon also told us with this announcement that TV viewers who use Alexa's voice activation watch twice as much TV. So if you have a TV watching problem, get this and it will be twice as It's going to be a problem, problem. But now that Amazon has your attention, here's what we're thinking.

Amazon now need to convert that attention into money. Don't be surprised to see Amazon add ads into this viewing experience because advertising is the fastest growing part of Amazon's business. So like you search horror movie with this new Amazon TV and you're going to get a paid ad that shows you get out as the number one movie results. American spend on average a shocking six hours a day. day in front of the television. And if Amazon's in charge of those shocking six hours a day, it's going to convert those six hours into some money. Because your TV is the ultimate at-home

billboard. For our second story, this one's wild. Cassana has raised $14 million and is looking for FDA approval of a very particular thing. FDA approval for the world's smartest toilet. We repeat the world's smartest toilet. The Wall Street Journal did a deep dive last week. Jack and I saw this and we're like, we got to cover the. us on the pod. This has got to be on the pod this week. Great reporting by the Wall Street Journal, because smart toilets are the next frontier in health. Maybe the ultimate frontier in health. Yeah. Get this, Snackers. Maybe you've heard of like advanced toilets with the bidet, the noise canceling tech, like the massaging. This is totally different than that. This smart toilet will

take your sample from the bowl, test it, measure your vital signs, screen you for chronic disease. They can even diagnose COVID. Yeah, it's like, yeah, don't mind if I do. Thank you very much. I'm doing the best with what I'm working with here. Now, here's the way Jack and I see the Snackers. Fitness trackers, they sit on your body. But these smart toilets, they monitor what's in your body. Key difference. They monitor what was just in your body.

Exactly. This is happening in real time. Oh, and by the way, your fingerprint, you know how that's unique to you? Everyone, you got a special fingerprint, Jack. I got a special fingerprint. Yeah, I'm aware. Apparently your butt is just as identical as your fingerprint. Snackers, it's a scientific term.

anal print, real thing. First, these smart toilets are actually going to use a camera to ID who you are based on your anal print. That's what's going to happen. Yeah, there might be some privacy concerns. Yeah, Zuck's not going to want to suck this one. But then the toilet's going to diagnose you once it knows who you are. So you got touch ID from Apple, face ID from Apple. Yes, you do. But now butt ID from Cassana. So multiple family members can use the same smart toilet and get separate health track. So this is what leads us to. to Cassana, the smart toilet startup that analyzes your oxygen levels and your heart rate through your pee. Yeah. And Cassana's toilets, they're an internet of things thing. So after it has a message for you, it'll send you a text message or whatever. Heads up, there's something wrong with your heart based on your sample. You should call it a doctor. You just peed and now we know all of this about you. A competitor of Cassana has been doing this for a while. Japanese toilet maker called Toto. They sample not just your pee, but all of the... the waste. Okay, so you're going to get a much more like kind of intense text maybe from

Toto. They're going to say, hey, we just noticed you're low on fiber. You may want to toss some spinach into that smoothie, pop-eye. Now, imagine the preventative health care potential. Oh, my God. Real-time continuous waste data accessible on your smartphone. I mean, Jack, picture this reality, which is happening right now with these toilets. A toilet could warn you about kidney disease a year before you ever even noticed symptoms would even know about this. There's public health benefits. Imagine if the CDC knew first about a COVID hotspot in Louisiana, thanks to the connected lose there. You got all those loos in Louisiana. That is an incredible mass of data. So Jack, what's the takeaway for our buddies over in the new smart toilet industry? The best case for smart toilets to succeed, they are set it and forget

it. You got to love the adaptability of set it and forget it. Snackers, smart watches and fitness trackers, they're popular, but there is a cost to using these wearables. You must charge them every day. You got to remember to take them on and off, like when you get in the shower. And you can't wear that watch your grandma gave you. You love that watch because, you know, your fitness trackers in the same spot on your wrist. And you're going to probably lose it at TSF. For existing wearables, hopefully you develop a routine, but they're tough to stick with. On the other hand, a smart toilet is totally different. It doesn't require a new routine. You don't have to change anything about the way that you go to the bathroom.

Just keep doing it on the smart toilet. Yeah, no upkeep, no reminders needed. Your bladder is like the natural reminder alert. Boom, you got to go. That's the new data. Smart toilets. You buy them, you install them, and you're done with it. That's it.

The toilet, it takes care of the rest. There is no behavioral barrier to a smart toilet, and that might be the best case for them to succeed. For our third and final story, Jack, I don't totally understand what Saad is, to be honest. I'll tell you, Kentucky bluegrass, young Kentucky bluegrass, it's needy. Oh, it's fascinating. So sod is turf.

It's grass that was grown in Saratoga, New York, Tetris of lawns. And transplanted to my house. And apparently it needs your attention 24-7. It is high maintenance. It's thirsty. Snackers, our third story, though, Fortnite basically just beat Apple in court. That's insane. Yeah, this could forever rebalance the universe of apps in your phone.

Yeah. Snackers, epic. is the owner of the legendary video game, Fortnite, they just want a legal victory against Apple, pretty David and Goliath. It's related to the app tax. We've talked about it. The dirty little secret that every time you download an app and pay for something on the app store, every time. 30% of revenues go to Apple or Google. So Epic, which again owns Fortnite, sued Apple and Google in court because they're so tired of this app tax. And this is the biggest attack on the app tax ever,

and a federal judge reached a decision on Friday. Yes, the big decision. This just came out on Friday is that Apple may not force apps like Fortnite to pay an app tax to Apple. Big deal. The entire app economy is thrilled about it. They're having a blast. Jack, this is a Celebrate the Wins moment that they must have had on Friday, right?

Digitally celebrate the wins through their own. apps. Now, Snackers, we know you're wondering what this is exactly meaning, which is why we, Jack, we got to go in and pull out Exhibit S. Exhibit S. Spotify did something in 2015 that not many people know about it is pretty balsy. This is not a talked about story. This is like an old fairy tale that's been lost throughout the generations. But back in 2015, Spotify did something wild. The CEO, Daniel Eck, was so annoyed by the app tax. He was brave enough to tell his Spotify customers, it's either us or Apple. You choose. In 2015, Spotify made a huge move. They raised prices to use Spotify by $3 to a whopping 13 bucks a month back then. This was for Spotify premium. And they

let customers stay at $10, but only if they subscribe directly through Spotify.com instead of through the app store where the app tax is taken. That is key. They actually emailed everyone, and all the Spotify users out there, and they handed them a three-step process on how to avoid Apple and how to avoid the app tax, which Spotify has to pay. They're like, all right, Spotify customers together, we can get around Apple.

Let's do this. It's only three steps. Captain planted this thing. I got Earthwind and fire. I need one more thing. Yeah. And then Apple saw all this, and they're like, uh, no, not happening.

Banning it. Spotify, if you do this, we are going to ban the app from the app store and you won't have any iPhone users in. So back then in 2015, Spotify had to abandon that. But Snackers, this third-party payment flow option by Spotify, it's now officially legal thanks to the court ruling on Friday. So, Jack, what's the takeaway for our buddies over at all the apps in the world that charge

money? There's a rebalancing of the app universe. 20% of Apple's profits could flow back to the apps because of this. Yeah. Snackers, a shocking revelation from the judge on Friday. get this. The App Store, Apple's App Store, generates $12 billion of profit a year for Apple. Apple's never said this. And they didn't want people to know this. But the judge is like, based on the calculations, 20% of Apple's total profits is this app tax from the app store.

I mean, we got to sprinkle some context on this, Jack. The App Store for Apple makes the same amount of profits as Home Depot. Let that sing in. If the App Store was a company, it would be number 15 on the list of most profitable companies in America. Because Apple is snacking 15% and 30% cut of every single app revenue that you're generating. That's why this court ruling is such huge news for app companies. They can now circumvent Apple's app tax. Yeah, match. The owner of just about every dating app, their stock was up 4% Friday.

Bumble, owner of the other dating app, the stock was up 5% on Friday. Zinga, the developer of mobile games, we stopped playing six years ago. their stock was up 6% on Friday. There is no guarantee, though, that Tinder users, for example, will use matches clunky, click-this-link, third-party payment flow instead of the app store. But if you do, some of that $12 billion in Apple profit is going to return to the apps. Jack, can you whip up the takeaways over there to help us kick off the week? An Amazon-optimized Amazon TV, it starts shipping in October for $400 or more.

Amazon, it knows your six hours. are spent watching TV. And this is a digital billboard. Cassana is doing smart toilets that test your body for just about it. Set it and forget it. No behavioral change necessary. Spotify, match, bumble. They're all pumped that the app tax is no longer mandatory. And we think this could lead to a rebalancing of the app economy. Now, time for a snack fact of the day. This one tweeted in by Alyssa from lovely Pennsylvania. Have you noticed there's some unusual sounding names in Pennsylvania that we screw up in the shoutouts section at the end of this pot. It's hard. It's hard. Jack and I, we really struggle with the Pennsylvania towns. We were concerned about it.

Well, for some reason, we don't know. Some Pennsylvania towns are historically named after tavern. Yeah, true story. Have you heard of King of Prussia, famous for like the King of Prussia mall in Pennsylvania? I have. It's a town in Pennsylvania. Lovely town in Pennsylvania. But that town of King of Prussia is actually named after an inn and tavern from 1719. Right, because the 1700s King Frederick the second of Prussia. There's a lot of fans of Pennsylvania, I guess. Yeah, good name for a bar back then was the king of Prussia. We assume Happy Valley, Pennsylvania is the same thing. It's got to be. Makes sense. Happy Valley, good spot. Snackers, you look fantastic today and a key way you can help this podcast grow is turn to the person next to you in line when you're getting a lunch salad

and ask them like, hey, buddy, HY, HY, HSD. Have you had your snacks daily? They'll probably understand, if you know, you know. Nick and I'll see you tomorrow. Can't wait. And before we go, happy birthday to snacker for Britsio Gallo from Caracas, Venezuela. And Maribel Palabin in Honolulu, Hawaii. And Firefighter, Jay Cart, thank you for battling the blazes and the happy birthday in California. Correction on that last one, Maribel Pabalon in Honolulu, Ohio. Good thing it was in a Pennsylvania town, Jack. Camden Cross, happy birthday down in Scottsdale, Arizona. And Emily Hahn in Chicago. And Serena Lee in Daily City, California. And Alex Cop in Chapel Hill, North Carolina.

And August, over in Atlanta. Good luck to Curry College lacrosse. It's the first day of fall ball. Oh, yeah, stretch out the glutes. You got to stretch him out. Alex and Emma, roommates in Austin, it's Alex's last day of work, but it's Emma's first day of work.

So good luck and congratulations. Someone's got to pay the bills. Doug and staff, congrats on the anniversary over in Chicago doing logistics. And happy anniversary to Dan and Valerie in San Antonio, Texas. This is Jack. I own stock of Amazon. Nick own stock of Apple. We both own stock of Spotify and I own stock of Bumble too.

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 principal and past performance, does not guarantee future results. Robin Hood Financial LLC, member FINRA, SIPC. Great work, dude. That was monstrous. That was great. I got to turn off our washing machine. It's so funny how like washing machines and microwaves are just like,

Alert! Alert, we're done doing the thing that we were going to do. Your home meal's ready. Get it now. It's like, relax. Stop making so many noises. Like, I'm going to come back. It's like,

nuclear alarm.