The Best One Yet - 💊 “The Miracle Drug*” — Wegovy weight loss surprise. MrBeast’s $100M burger lawsuit. Wind Turbines’ falling fiasco.

Episode Date: August 9, 2023

The maker of trending weight loss drug Wegovy just discovered it reduces heart disease too — It’s a miracle drug, but only if your insurance approves it. MrBeast isn’t just the biggest YouTuber on earth, he also runs a $100M fast food chain — But he just got sued for $100M because of an “inedible” burger. And Siemens powers 1/6th of all electricity on earth, but there’s one problem with its wind turbines — They keep falling over (and they’re the size of the Statue of Liberty). $NVO $LLY $ENR Want merch, a shoutout, or got TheBestFactYet? Go to: www.tboypod.com Follow The Best One Yet on Instagram, Twitter, and Tiktok: @tboypod And now watch us on Youtube Learn 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. It's Wednesday. Saviche Wednesday. August 9th. And today's pod is the best one yet. It's a T-Boy. Ding, ding, ding, ding.

What do we got there, Jack? We have a winner, Nick. Yes, we do. Yeti's the winner of our first ever best day yet sweepstakes. Yeties last week, we asked you to subscribe to our newsletter at news. At news.tieboypod.com. In return, we promise to fly one subscriber, one Yeti out, for an all-expenses paid trip to see a.

live T-boy recording. Well, we just picked that winner. Yes, we did. And we are emailing that winner right now. Check your inbox. If you won, you have an email from Nick and Jack. You're going to want to reply to this email, Yiddies. We're excited to see you.

Just please click reply. Jack, first story for today's show. What do we got? For our first story, it's Weg of E. The most valuable weight loss drug ever just may save your life, too. Yeties, this weight loss drug could be a miracle drug if one person. Approves it. For our second story, it's Mr. Beast.

The YouTuber sued somebody last week, and now that somebody is suing him. Mr. Beast is getting sued for $100 million worth of inedible hamburgers. And our third and final story is some giant wind turbines, the size of the Statue of Liberty, they're falling over. Because Siemens moved fast and broke things, literally. Big things. Heavy things. But yet is before we hit that wonderful mix.

Wonderful mix. Hey, a fantastic mix of stories. We have a fascinating story to tell you. That's also a kind of alarmed. Yides, you know that clickety-clack of your typing? Yeah, like the sound of a Blackberry when you're typing away. No one knows what you typed when you're typing on that thing, do that. Even though that person can hear that you're typing on a keyboard right now.

But get this. A new artificial intelligence does exactly that. That's right, Yeties. British researchers have published a paper showing that AI can be fluent in keystrokes. What we're saying here is that this AI knows what you're typing just by listening to your typing. Because each letter on the keyboard has a specific unique keystroke with a specific unique noise. So this thing listens to those keystrokes and it knows what's being typed. Because when you type the letter P, a unique sound comes out of your keyboard. And when you type the letter K,

a unique sound comes out of your keyboard. Even the space bar has a unique keystroke sound. You hear that, Jack? Sounds like spacebar. So if you're typing in the background, of a phone call right now. Then this AI knows what you're typing with 95% accuracy. That's right, Yeti's. And if it's a Zoom call and the AI can see your arms touching the keyboard, it's even better at predicting what you're typing. Now, besties, we should point out, we have heard of some crazy potentials of AI before,

haven't we? But this is the freakiest AI use case of them all. Yeah, from now on, you're going to have to cough next time you type in your Netflix password. Otherwise, AI is going to steal your Netflix password while you're typing it. Jack, it already stole my Netflix password. Nick, what's that? Check this out, Yeti's. Jack, what did I just type?

I think you just typed hello. And what am I typing now? Jack, you look fantastic. And Jack, what am I typing now? Let's hit our three stories. Exactly. See, 99% accuracy from this guy. That's intelligent intelligence.

15 years before this song, two boys from the northeast, 50%. That's no, you know, because we've read to go. We can't wait no more, so just start the show. For our first story, a major new study just found out that Wegevi, the buzzy weight loss drug, also reduces heart disease. This is a wild story, but Nick, it's only a miracle drug if health insurance approves. That is true.

But yet, he's, in order for Jack and I to tell this story, we got to travel all the way over to Denmark, also known as Germany's hat. Good call. Denmark is known for hoogie lifestyles, Vikings, and Legos. Also, though, for weight loss drugs. That's right, because Denmark's most valuable company is Novo Nordisk, the $370 billion pharmaceutical company. And we already knew about Wagavie because, you know, Ozempic and Wegevy are the

buzzy weight loss drugs these days. They're getting a lot of attention this year. Yeah, we covered it on the pot a few months ago. For $1,300 a month, you can take these drugs and they will limit your appetite. Yeah, they will help you lose weight. They will chemically reduce how hungry you are. Yeah, they will turn your brunch into just brough. Yeah, it is, if you're like me and you can't not eat that slice of pizza that's sitting right in front of you,

Wagavie will make it so that you don't even want that slice of pizza that's right in front of it. With the Wagavie, you only eat the crust. You only even eat the other parts of the pizza. And that's why Wagavie has become a Hollywood handout. Amy Schumer was on it. Elon Musk was on it. Gwyneth Paltrow's new Airbnb probably has a whole pantry full of this stuff. But yet he's here's the news.

It turns out that incredible weight loss drug also reduces heart disease. Because Yeti's Novo Nordisk just announced results of a study that took five years to conduct. This pharmaceutical company signed up 17,604 people to test out Wagavis effects on heart disease. And then here's what they did. They gave a randomly selected half of those participants, Wegevee, and the other half got a placebo. And over the course of five years of monitoring those people, they noticed that those who took the real Wagavie not only lost weight, they also had 20% less heart disease. disease than those who didn't take the Wagaviv. Yeti's, the people who took Weggivie had 20% fewer strokes, fewer heart attacks, and fewer deaths by heart disease.

Nick, this weight loss drug also protects your heart. This weight loss drug just grew a third bicep jack. Now, Yeti's, Wall Street loves the results of this science. On word of this study, Novo Nordisk stock jumped 16% to an all-time high yesterday. And it's also huge news for another pharmaceutical company. Eli Lilly, the American pharmaceutical company, makes a similar weight loss drug, and their stock also jumped 14% to an all-time high. Morgan Stanley has already crunched the numbers.

They think the results of this study will boost sales of the drug by $23 billion by 2030. $23 billion. And that number is because of our takeaway. So, Jack, what's the takeaway for our buddies over at Weigave and Ozempe? This is a miracle drug, but only health insurance can decide if it's revolutionary. Yeties, Wegg of V provides hope to millions of chronically obese and overweight Americans. That's a fact. But that hope is kind of squashed by the price tag.

$1,300 bucks a month is $16,000 a year. Now, historically, weight loss drugs have been thought of by the insurance industry as as vanities. Insurance doesn't cover your haircut. They haven't covered your weight loss drugs even. On the other hand, cardiovascular drugs, they save your life, and that is why this stock is up so much. The results of this study could lead to Wegevee becoming covered by health insurance. And that could profoundly change the lives of four out of ten adults who are obese in America.

This is a miracle drug, but it's only a revolutionary drug if it's covered by health insurance. Thanks to these results, it might be soon. For our second story, Mr. Beast, the biggest YouTube star in history just got sued for $100 million over a hamburger. Mr. Beasts' current legal issues reveal the biggest challenge of running a business. Do you want to be rich or do you want to be king? But yet he is the biggest drama this summer. It isn't on Vanderpump rules and it is not that Zoom back to the office story we just did yesterday. Although both of those are pretty dramatic.

Both of those have resulted in a lot of DMs, Jack. The biggest drama of the summer is the Mr. Beast Burger. The Mr. Beast Burger. Because Mr. Beast is the world's most followed YouTuber. 174 million people have smashed that subscribe button. Jack, could you sprinkle on a little more context for us over there? That's nearly as many people subscribing to Mr. Beast as to Netflix. We would put it into lifts, but it wouldn't be fair to lifts, to be honest.

Mr. Beast is famous for extreme stunts and giveaway. Yeah, Jack, can we whip up an example here? What do you got? Top of your head. What are you thinking? Win a million dollars if you win a game of freeze tag on an iceberg! I'm throwing it on. He puts all that on video, uploads it to you. YouTube and gets a bagelian views. It's a very simple formula.

It's really hard to replicate. But Mr. Beast isn't just a media business anymore. Mr. Beast has interestingly pivoted. He's diversified beyond YouTube's ad revenue with... The Mr. Beast Burger. The Mr. Beast Burger. Get this, Yet this, Yeti's. Mr. Beast also runs a $100 million a year burger business known as Mr. Beast burger.

But he did all that without owning a single oven, without buying a single napkin with never flipping a beef patty. This guy doesn't know the difference between rare, medium rare, and Pittsburgh Black. Thanks to the virtual kitchen he uses. That's his business model. He's using 1,700 ghost kitchens around the country that are selling the burgers under the Mr. Beast brand. Yeah, they basically just slap a Mr. Beast sticker on top of the box, but they are supposed to use a very specific recipe for it to be a Mr. Beast burger.

But yet here's what Jack and I found fascinating about this story. Mr. Beastburger was the fastest growing fast food chain in America last year. year, but all of that changed last week. Because Yetis, have you noticed on Twitter, people have been complaining about the Mr. Beastburger? Maybe it's just us, but we noted some hashtags that were not enjoying the Mr. Beast burgers. The burgers dried. The fries were met. This bun feels bun inspired. One Twitter user rated the Mr. Beastburger on the same level as Jack in the Box.

No judgments. Other customers referred to the Mr. Beast Burger as disgusting. Yeah. Revolting. Inedible. Outrageous. So last week, Mr. Beast did what you always do in the business world when you're even just a little bit frustrated.

You sue somebody. Yeah, you sue someone. Mr. Bees sued virtual dining kitchens, his ghost kitchen partner, to end that deal. But this week, that ghost kitchen partner countersued Mr. Beast demanding $100 million for disparagement. Because the only thing more fun than suing is counter suing. Use promo code lawyer up to get a buy one, get one half off lawsuit. That is, it is unclear how this thing is going to end. Mr. Bees should do a vlog in the whole thing. He probably will.

But one thing is clear. And that thing is our takeaway. So Jack, what's the takeaway for our buddies over at Mr. Beast Burger? This is a fresh example of the rich versus king dilemma. Yeties, at a certain point, every entrepreneur faces the same dilemma. We call it rich versus king. Do you want money or do you want control? We typically talk about rich versus king when it comes to startup fundraising. For example, you can raise more money, but you're going to give up some control. Or you can keep that control, but not raise as much money.

Well, the way Jack and I see it, Mr. Beast Burger is a prime example of rich versus King, but in a new format. Mr. Beast was able to scale fast to 1,700 restaurants with this virtual ghost kitchen concept. He was getting rich. But to get rich, he had to give up control of the burger. The burger became inedible. Now, yet he's, maybe it was worth it. Mr. Beast had the fastest growing burger brand without flipping a single patty. Or maybe it wasn't.

Because unhappy burger customers may now be a little less beast mode. Either way, rich or king, it's a trade-off. For our third and final story, wind turbines that are taller than the Statue of Liberty are falling over. The wind turbine industry moved too fast and its things are breaking. But yet is Jack and I got to whip up some wild stats for you. Jack, what was that stat we discovered when we jumped in T-Boy style? Siemens Energy, which is a German industrial giant, says that they're responsible for get this. one-sixth of the world's electricity.

Every sixth time you screwing a light bulb, you gotta thank your buddy's over at Siemens. Because Siemens makes turbines that run your standard neighborhood power plant. But Siemens also makes wind turbines, giant ones. The tallest wind turbine that Siemens makes is 606 feet tall. We're talking about a huge turbine. This thing's bigger than the Statue of Liberty. This thing is half the height of the Empire State Building, Nick. Any other New York landmarks you want to compare this?

too. If you added up all the New Yorkers, Jack. But here's the problem facing Siemens right now, Yetis. The stock of Siemens Energy is down 40% in the past two months because of this story. Interesting thing, Jack, and I noticed, Siemens just announced a $2.5 billion dollar financial loss. And here's how Siemens is surprisingly describing it. The $2.5 billion loss is related mainly to quality issues of certain onshore platforms. Jack, can we get a translation on that corporate jargon man? Yeah, that'd be great. Here's how Bloomberg described the situation back in January. Wind turbines taller than the Statue of Liberty are falling over. That's right, yeties. We jumped into the footnotes.

15 to 30% of Siemens's wind turbines out there have issues that Siemens is desperately trying to fix. And now, Siemens is not giving us all the dirty details on what's going on with these falling over towers. And we should say, it's not just Siemens who are having these scary turbine problems right now. But it was pretty freaky. And the Siemens CEO got emotional. this week talking about it. He said, you can imagine what the state of my mood is right now. And then he said, the problems are more severe than I thought possible. We've never heard a German executive sound so vulnerable. So vulnerable. So vulnerable. So vulnerable. So what's the takeaway for our buddies over at Siemens? In the green gold rush, Siemens gold tripped. Yeah, it is honestly,

the story is kind of a bummer. Like renewable energy, like wind energy, it is part of the climate solution. And this was kind of a negative story. Yeah. Seaman's business is a noble business. They want wind to provide 20% of the world's electricity by 2030. But here's the funny thing about Siemens. They're also going after those government incentives to go green. There's a lot of money there. And in the rush to become the leader in wind energy,

Siemens appears to have cut some corners. As Siemens CEO put it, we sold turbines too quickly that had not been sufficiently tested. In the green gold rush, Siemens was rushing so much, it tripped and fell. Jack, can you whip up the take? is for us for Ceviche Wednesday. Legavie isn't just a miracle weight loss drug.

It also reduces heart disease. Its benefits could be revolutionary, but only if it's covered by health insurance. For our second story, Mr. Beast sued the ghost kitchen behind Mr. Beast's sued, but now he's being countersued. Mr. Beast faced the classic Rich versus King challenge. He chose rich and he lost control. And our third and final story is Siemens Energy.

The stock is down big on word that its huge wind turbines are falling over. Seaman's, they rushed so much for the green gold that they tripped and fell. But yeties, this pod's not over yet. Here's what else you need to know today. First, for the first time ever, American's consumer credit card debt has surpassed $1 trillion with a T dollars. That's a lot of credit card debt with a very high interest rate because the American consumer is the biggest spending force in the world. And second, Rivian just announced earnings. They're going to sell 52,000 electric trucks and electric SUVs this year. They're still not profitable, but that's twice the number of cars they sold last year. And finally, Dave Portnoy, founder of Barstool Sports, has bought back Barstool from Penn

National Gaming. Penn is partnering with ESPN instead, and Barstool is going to be as barstool as ever. Now, time for the best fact yet. This one sent in by Jack and me, because it's actually a correction to the podcast. Yeah, booking holdings, we talked about a couple days ago. They don't own Expedia. They don't own that one. We shouldn't have said that. That was incorrect. In fact, Expedia and booking holdings are rivals in the travel industry. We flipped this correction, though, into Lemonade. Here's a fun fact about Expedia. Yeah, it turns out Expedia was actually founded as a division within Microsoft like 30 years ago. And it's one of the few survivors of the 90s.com bubble crash.

Expedia actually went public in 1999 right before the famous dot com crash. and Expedia remains independent today, going head to head against Booking's apps. Yeties, you look fantastic for Cevice Wednesday. And if you want to help grow the show, one of the best things you can do is drop down and rate and review us right here wherever you're listening. If you haven't rated the show yet, we love your five stars. It helps us grow the show. And we love reading your reviews. We really do.

Nick and I, we'll see you tomorrow. Can't wait. And before we go, congratulations to Sammy Swinger, a puppy. dog that just graduated dog training school. Congratulations. And congratulations to Natalia Arboladia, a Colombian who just bought her first home in Morocco to start an Airbnb business. And Mike Halfin and his cat cowboy just got a new job over in Seattle. Congratulations. Congratulations to Katie Bryan, who just bought her first house in Stephenville, Texas. And Kelsey Black is moving into her very own bookstore space for the

Book Borough in downtown Flugerville. Kelsey Black, the best bookworm yet. And a happy birthday to Yeti Dian Yu turning 28 over in Beijing. Happy birthday to Vishnu Baradbach, turning 15 on the lacrosse fields of New Jersey. And Jerome Freyin, happy 44th birthday in Hermosa Beach, California. Happy birthday to Lisa Nash in Rochester, Michigan. And Mark Niles is turning 60 on a bike ride over in Denver. And Victor Weffer, happy birthday in Chicago. And Morgan Brochard is flying tonight from San Francisco to Las Vegas to celebrate her birthday

and she'll be back in time for work tomorrow. Unless she's not back in time because Vegas. And to anyone else who's celebrating something today, make it a T-boy. Celebrate the wins. This is Jack. I own stock of Netflix and Nick and I both own stock of Airbnb. If you can't open a bag of Doritos without eating the whole thing, you won't eat the whole thing if you take wag of it.

Not necessary. It's funny because you said that story in like a joke tone, but it was actually very straightforward. analogy. Does it work?