The Trillionaire Mindset - 44: How Apple Killed Instagram
Episode Date: July 29, 2022Become an exclusive member at https://tmgstudios.tv This week the Trillionaire duo discuss Instagram’s newest changes, Amazon’s health venture, and Emil applying the New Yorker mentality. Don’t... miss After Hours where Ben reveals his new ride over at https://tmgstudios.tv ! If you listen on Apple Podcasts, go to: https://apple.co/trillionaire Go to https://hellofresh.com/trill16 and use code TRILL16 for 16 free meals across 7 boxes AND 3 free gifts! HelloFresh: America’s #1 Meal Kit Use code trill to get 15% off ClickUp’s massive Unlimited Plan for a year. Sign up today at https://clickup.com and use code trill. Hurry, this offer ends soon! Protect your family’s financial future with Fabric. Apply today in just 10 minutes at https://www.meetfabric.com/TRILL. To match with a licensed therapist today, go to https://talkspace.com. Make sure to use the code TRILL ​to ​get $100 off of your first month. SUBSCRIBE to Trillionaire Mindset at https://www.youtube.com/trillionairemindset Trillionaire Highlights Channel: https://www.youtube.com/TrillionaireMindsetHighlights Trillionaire IG: https://www.instagram.com/trillionairepod Trillionaire Twitter: https://twitter.com/trillionairepod TMG Studios YouTube: https://www.youtube.com/tinymeatgang TMG Studios IG: https://www.instagram.com/realtmgstudios TMG Studios Twitter: https://twitter.com/realtmgstudios BEN https://www.instagram.com/bencahn/ https://twitter.com/Buncahn EMIL https://www.instagram.com/emilderosa/ https://twitter.com/emilderosa *DISCLOSURE: THE OPINIONS EXPRESSED IN THIS VIDEO ARE SOLELY THOSE OF THE PARTICIPANTS INVOLVED. THESE OPINIONS DO NOT REFLECT THE OPINIONS OF ANYONE ELSE. THIS IS NOT INVESTMENT ADVICE. THE VIEWER OF THE VIDEO IS RESPONSIBLE FOR CONSIDERING ANY INFORMATION CAREFULLY AND MAKING THEIR OWN DECISIONS TO BUY OR SELL OR HOLD ANY INVESTMENT. SOME OF THE CONTENT OF THIS VIDEO IS CONSIDERED TO BE SATIRE AND MAY NOT BE CONSIDERED FACTUAL AND SHOULD BE TAKEN IN SUCH LIGHT. THE COMMENTS MADE IN THIS VIDEO ARE FOR ENTERTAINMENT PURPOSES ONLY AND ARE NOT MEANT TO BE TAKEN LITERALLY.*
Transcript
Discussion (0)
Alright folks, I regret to inform you I once again don't know where Ben is.
I... this is starting to get a little much.
We can... I don't know, I guess get started without him and maybe he'll come in, I guess he could be doing...
Well, there's actually something on his desk. Let me... what the fuck is this?
Looks like some kind of...
What the fuck is this?
Looks like some kind of scary letter. What do we got?
Dear Emil, we have your bitch.
He stinks and he won't stop crying.
If you ever wanna see his cute face again,
send a point eight bit coin to an address
that will be given to you when you call this phone number 88855501.
Do you know if you fail to comply, we will release tasteful naked photos of Ben on the internet.
All right. Well, I guess that means I'm podcasting alone.
I guess that means I'm podcasting alone i guess that means i'm podcasting alone alright i guess that means
i'm podcasting alone ladies and gentlemen uh... will finally get to do my uh...
david letterman thing without uh...
been here chime in uh... alright folks i don't know what we got first here you
can see this in the news. Texas State University,
you heard this? They're offering a course on Harry Styles, a whole class based on Harry Styles.
You know what, that one kind of bums me out. Ben does love Harry Styles, so that one kind of
reminds me. So let's try another. We can do this with that. But all right, all right, everyone
knows this one. You guys see the the the sport of quidditch
is trying to change their name
uh... to distance themselves from jk rallying controversial figure
uh... i thought it was going to be from distancing themselves from sounding
like such dorks right
been fuck
alright uh... what do we got here uh... one more one more how about this uh... Dorks, right? Ben, fuck. All right.
What do we got here? One more, one more, how about this?
We've all seen the headlines, you know,
British, British country's hitting
the hottest days ever, record breaking.
All right, you know, that one's tough too.
I feel like Ben would have done
his British impression there.
I need to get Ben back, I'm gonna try the number because this is not working out the way I thought it was. Let me see here.
Hello. Uh, hi.
It's a meal.
The, uh, got your, got your letter here.
Yeah, hello.
I guess you have my bitch.
Yeah, dipshitter, you ready to pay?
Well, I mean, how my, uh, I got to transfer all my stuff to Bitcoin, I guess.
Yeah, well, it's actually very simple.
Have you ever done a Bitcoin transaction before?
Never, but I'll do anything to get my boy back.
Of course you haven't.
You fucking...
I'm not going to pay.
I'm not going to pay.
I'm not going to pay.
I'm not going to pay.
I'm not going to pay.
I'm not going to pay.
I'm not going to pay. I'm not going to pay. I'm not going to pay. I'm not going to Bitcoin, I guess
Never but I'll do anything to get my boy
No
I You're gonna have to, okay, do you have an iPhone or an Android? Yeah, yeah, iPhone. Okay, so you're gonna download just like download Coinbase. Oh, it's a pretty simple, it's a basic straightforward one
that it's pretty user friendly and even a digital.
You work for Coinbase?
Yeah, Coinbase.
Okay, I got it.
You're on the spoiler right?
Yeah, I got it.
Okay, yeah, so, okay, so now you just need to transfer
USD, hopefully you have enough.
You broke Dipshit.
Okay.
So you transfer it and then you need to set,
okay, so you're gonna wanna buy big coins
from the market order.
Luckily the price is tanked, huh?
Luckily the price is tanked, huh?
Yeah, well, shut the fuck up for a minute.
So I can walk you through this.
Thanks.
Cause if you don't shut the fuck up,
we're gonna release these tasteful minutes of your bitch.
I feel like that's not even much of a punishment.
I just want my boy back.
Yeah well, just be patient and we'll get through this.
Okay.
Okay.
Well, so, all right.
Uh, hang up.
Uh, okay.
Okay, so you can just want to hit by
this by Bitcoin you put in a point eight
There's the amount of Bitcoin you're all right, uh-huh
Okay, now you just hit by sure through bitch. Yeah, we could call me bitch
Okay
What's wrong? What's that?
What's what's going on over there?
Hold on I just need to put some...
I need to put some...
Are you being honest?
Is this Ben?
Uh...
Is this Ben?
Who?
Ben, Ben...
I don't know what it is that you say?
I'm asking you if this is Ben.
Oh, who is this?
It's a meal, I call to you.
You call it me?
Yeah.
Are you...
Do you have a glove on your hand right now?
Are you?
You know, I was this close.
Ben.
No, this close.
What, what, what, what, what were you doing there, pal?
I was, I was so close to scamming you, man.
I almost had you, I almost got the Bitcoin out of you,
but then I blew it.
Your own ass got, got, got the best of it. Your own ass got the best of you.
My own ass got in the way.
Wouldn't be the first time, definitely won't be the last.
I believe that.
Let me tell you, God damn.
You almost had me there, I was scared.
Yeah, I could tell you were trembling,
you were shaking in your boots.
You know what it was, I was a bit excited at first,
but then, you know, without the...
Yeah, you only said, like, a hundred times
in the beginning there, I could tell that you were
Well, shares are just getting hammer for this morning. Every day they're failing at me. I'll be cool. I'll be cool. I'll be cool.
I'll be cool.
I'll be cool.
I'll be cool.
I'll be cool.
I'll be cool.
I'll be cool.
I'll be cool.
I'll be cool.
I'll be cool.
I'll be cool.
I'll be cool.
I'll be cool.
I'll be cool.
I'll be cool.
I'll be cool.
I'll be cool.
I'll be cool.
I'll be cool.
I'll be cool. I'll be cool. I'll be cool. I'll be cool. I'll be cool. How did you like my ransom note? Good, I like that you used the ransomizer.com.
Yeah, it's a great resource for those who want to commit or
are considering committing a contract.
If you're doing like a school project.
Yeah, let me see.
Yeah, well, this came out great.
We have your bitch.
God, I almost had it.
I almost fucking had it.
You almost had the Bitcoin.
Yeah, because I was going gonna give you my Bitcoin address,
but it's so long.
Oh, right, your phrase.
Yeah, and I just, sorry, sorry, fuck.
Sorry, sorry for that girl out there
who's like, don't burp in my ear.
Well, sorry, Toots.
See, that's what they used to call women.
Toots. Instead of a Tootsie, why do they call people Toots. See, that's what they used to call women.
Toots.
Instead of a Tootsie, why do they call people Toots?
Hey, Toots.
I have no idea.
I think they used to call them a lot of stuff.
They used to call people a lot of stuff.
Yeah.
Yeah.
Well, mind as well, say hey to Glenn and give everybody
the shout out that you got to check the disclaimer.
Oh, we actually do have one shout out to give.
Who?
Remember the guy from Red Lion?
Oh, yeah, Jay.
Jay.
Shout out to Jay from the Red Lion tavern.
Yo, big ups to Jay.
In Los Angeles.
And also Mitchell in New York.
Nope.
That's the delivery guy who said hi to me on the street. Oh, okay.
Fine. Yeah. He was cool. Uh, we got a, you got a, you guys got a, you guys got to step
up the comment game on YouTube. Why would it work? Just more, we need more comments. How
many were getting? I don't know. Like, uh, 150 in the last one. How many should we have?
It should be a thousand. Oh, should be a million. It should be a million. We need 900 more people to comment.
Cause like 30,000 people watched it,
but big question mark above my head.
Only 130.
Also the rule is nice comments only right?
Yeah.
Well, no, actually go mean this time.
No, don't.
You want to go mean, go for it.
I don't know.
Just be nicely mean.
Gentle roasts.
You look really nice in that,
is that Chambre?
What is that?
I don't know.
It's just like an old shirt.
Picknic table shirt.
I look like I'm going to, like my dad gave me a shirt on,
like when the teacher's like,
where an old shirt we're going to be painting.
We're doing paper mache.
No, it doesn't look like that.
All right, great.
It just looks like, looks like a shirt, man.
It's definitely a shirt.
No one can deny that.
Yeah.
Folks, say what do you want, but you cannot deny
the man is wearing a shirt.
Go ahead and try to.
Ben is also definitely wearing a shirt.
Yeah, my nipples are pop.
God damn, my nipples just pop way too much.
Also, do not forget to, I feel like we always
forget to say, like, comment, subscribe.
We said comment, but you also got a fucking smash
that like button, then you're gonna want to hit the subscribe button because we are
getting closer and closer every day. We inch towards smooching each other also.
Subscribe at teamsystudios.tv. Oh, yeah, you got to do great after hours today. I'm
going to tell Emil, I got a brand new credit card. I got a brand new credit card. Bannani, I got a brand new credit card.
It is the Chase Inc. card.
Save it, don't give it too much here.
I'm gonna tell him how, apparently I'm gonna get one too.
Well, because I did a beautiful scam that's gonna save it.
Yeah, well I'm just giving the tees.
I'm not gonna tell them.
I'm not gonna give it too much,
or that's like the trailer where I see everything that happened.
I'm gonna tell, oh I shouldn't be flashing my
Jesus It's okay. They don't have the security code on back. Yeah, there you go. Oh god
But that's only three numbers they can figure that out punch it into a random generator
Yeah, they don't have my address. So you need my address. I'll give it to them. It's I
Know your address. Do you know it by heart. I pointed to your head.
Is it?
Close.
Okay.
Alex, that.
I got a couple things before we get into the everyone's fighting over what obsession is.
I had my quick trip to New York City to help Erica move in to her place with the dog.
We brought the dog with us.
There was a guy sitting across.
I was as a dentist, she recommended me.
Oh yeah.
It was very funny.
Why?
Dude, blasting like old crooners, like I'm filling out my...
Crooners?
Like Frank Sinatra, like Dean Martin, like literally at one point, you would know that
it's like an instrumental, it's like, but I'm, but I'm, but I'm, but I'm, but I'm,
but I'm, and the horns are fucking like, like I'm filling out my...
My forms. my forms.
But it's so loud.
Oh, really?
I wanted to ask her, are they, like, is that always,
or did I just have a weird day?
Yeah.
And the guy was pretty nice, but he said, you know,
is everything fine, everything looks good.
And I said, but I got one filling a while ago,
and it's still like a little sensitive.
And then all of a sudden, he just takes his little fucking thing and he just
Hits my tooth like four times and I was like, oh dude
He's like, sorry, that's the only way to tell it's like just give me a warning my guy knock on the tooth. Yeah, don't kidding
I'd take the crooning music over what my dentist has who I've been going to since I've had teeth
It's just soft rock. It's like coast one of 3.5.
Yeah, but what is the volume at?
Low, it's very low.
Dude, my guy is blowing our ear drums out
with the, I'd prefer that.
Fly me to the moon.
Cause then my hygienist, who I love dearly,
her tummy is always rumbling.
Either she just ate or she's hungry and it's always,
oh, oh, oh, oh, oh, oh, right in my ear. Damn, Debbie. She just ate or she's hungry and it's always RRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR Wait, who is this? Just some guy on the subway? No, on the plane. Oh, on the plane. Talking about how he has a ton of Airbnb's and how.
In New York?
I don't even know where.
Oh, but it just, I didn't realize it,
and I wish that we had brought it up with Graham's stuff
and then we've talked about it.
Just the Airbnb model is so such a detriment to housing.
Oh, it's destroying cities.
Yeah.
Because people like this dickhead are just buying up properties
that otherwise would be rented out to normal people,
but they're doing it as a business.
And he's just talking all,
he just sounds like one of those guys.
So yeah, what I do is I buy property,
and then I refinance that to get a job and Payment on another property and then we do this automated thing where we have like
Just a turnkey system just to fuck you. It's still it's it's also changed the landscape of tourism the way
You know like a Hawaii is especially bad it used to be like there'd be a tourism section right on a Wahoo
It's like you go to Waikiki and there's all the resorts, right?
That's where you go stay because where all the hotels are yeah, but now
People just put their houses up all over the island so people who just live there are just stuck with people coming over and partying
Yeah, and right in their neighborhood Palm Springs has yeah issue. Yeah, it's every city is now just there could just be
Yeah, miss you. Yeah, it's every city is now just there could just be
Some jerk off. Yeah, and then he was bragging about his little trick to get around Airbnb
He says you can't just post your information because Airbnb will flag you because they want you to use their platform
So what I do is included in the pictures
I'll have one picture with my phone number on there wait. I don't get it So like he can get around. Oh, he doesn't want to give them the fees.
Right.
Yeah, yeah, yeah.
So people will see that he's got his phone number posted
and then just message him privately, text him or whatever
and say, hey, John B. Dickhead, whatever his name is.
That's his name.
Yeah, John B. Dickhead.
He do be Dickhead.
But the poor dog, by the way, did not pee. Yeah, John B. Dickhead. He do be dickhead.
The poor dog by the way
Did not pee so we the flight was like six hours I was like six hours because we had to go around some storm
So it was way longer than normal
She didn't pee in the pet relief area
At the airport going there so she the dog didn't pee for the pet relief area at the airport going there.
So the dog didn't pee for like a total of 10 hours.
And then we finally get to the apartment.
And she just casually like sniffs this bush and then just unloads on it.
Just piss.
So the story is that the dog took a big picture.
Yeah, it's okay.
All right, now for sure.
So everyone, because we got a great laugh out of it,
because she just casually,
because we took her out at the airport, like go pee, go pee.
Oh, yeah, for sure.
Yeah, she got in our laps on the airplane.
It was so great, cutly dog.
But yeah, then Mitchell, this guy I was walking in Brooklyn
and he just turns the so-and-goose, boom!
Hey, and then we walked together to the train.
It was sweet. He was very nice.
And then I won the Volvo.
I thought there was going to be more to New York.
No, no, we got pretty much it.
Some guy was talking about Airbnb.
Donald the plane, not even in New York.
Dog took a big piss.
Yeah, dog took a big piss.
That was your New York.
I took her on the train, which was cool.
I took her on the subway.
She was too scared to go through the turnstile,
so I lifted her up over it and she was like,
oh, big hit.
Everybody loved her on the train.
Yeah, so my new Volvo.
No, no, no, what?
I got to tell you about Airbnb.
I started because we've been making fun of it
and how it's worse than hotels and everything.
And so I started looking into hotels.
Hotels are so expensive.
Yeah, I had no idea.
Yeah.
Well, you get the, you pay in a premium, man.
They services and whatnot, I don't know.
I haven't stayed in a hotel in so long.
I stay, I prefer a hotel.
Way better.
I don't have to deal with it.
It's a meme now that Airbnb has all these rules.
Like, well, you can't check in until 5 PM
and you have to be in, the curfew is like 10 PM,
please be quiet, don't have anybody over, don't.
Yeah, you know.
And sometimes it's like,
our neighbors will be watching.
It's more expensive if you have more people sometimes.
Yeah, it's just bullshit.
I remember when we all went,
we stayed at this house in the Bay Area and we didn't want to pay all the money. So my friend was like, yeah, it's just, it's bullshit. I remember when we were doing it. We all went, we stayed at this house in the Bay Area
and we didn't want to pay all the money.
So my friend was like, yeah, it's just me.
I have to come for work.
And then, but all the, we didn't have time to make the beds.
So he was like, yeah, sorry.
I slept in every bed.
He was like, I just couldn't get comfortable.
I told you, I talked about on here at the time,
my first Airbnb experience, right?
With the deterred and the toilet, yeah.
It was unflushed.
But real fast, so I did buy a Volvo.
I won the auction for this beautiful car.
Don't worry about it.
Why don't you talk about it in after-ass?
Because there's a lot of people
who probably didn't even know about this.
I will, I will.
But I gotta use this as Craigslist.
If anybody out there wants to buy,
well come on, help me out of here.
Serious inquiries only.
I've got a 1989.
Who's the Instagram or Facebook?
There's more people here.
Jesus.
All right, go ahead.
Do your ad for your car.
I got a 1989 Volvo 760 Turbo.
It's great, but it's, you know, it's old.
It's an 89.
It's a salvage title.
It's got 270,000 miles. All right, let's start the show. And if you want know, it's old. It's an 89. It's a salvage title. It's got 270,000 miles.
All right, let's start the show.
And if you want it, just DM me.
But, serious inquiries only.
Don't waste my time, please.
Guarantee you're not gonna get any serious inquiries.
I know, it's probably gonna be people making
a hundred jokes about.
Also, I'll show you,
we've got a clue, feet picks.
I got ball, ball, rainy and dollars.
I got ball, rainy and dollars lined up.
All right.
Yeah.
I put this in here because it's very,
so the, it's funny because the White House
and everyone is having the, the exact conversation
we had on this show about the true definition
of a recession.
Did you see this?
Yes.
The White House, what did they,
they put out a PR, a press release.
Yeah.
Yeah, it is, it is weird. So they basically updated and updated everyone. It was like, because the GDP
numbers are coming out and they were like, you know, two consecutive negative GDP numbers.
Does not mean we're in a recession because they don't want to be in a recession.
It came out today negative 0.9%.
Yeah. Yesterday for you guys.
And so everyone is doing the thing like
while we're in a recession and they're trying to hide it,
but it's more complicated than that and whatever.
And so here's a little video of us.
And you know, anyone here works for the White House,
just you know, watch our show,
maybe give it to Joe Biden,
you guys can never figure it out.
When are they gonna rename it the POC House?
Let's hit play on that.
Where we are today.
If things are going so great though, then why is it the White House officials are trying
to redefine?
I guess it would be useful if I had my monitors.
I can hear it.
It's okay.
It's okay.
Yeah, it's okay.
Keep playing. Redefine. Recession. No, it's okay. Keep playing. Redefine recession.
No, we're not redefining recession.
If we all understand a recession
to be two consecutive quarters of negative GDP growth in a row,
and then you have White House officials go up here to say,
you know, that's not what a recession is,
it's something else.
How is that not redefining recession?
Because that's not the definition.
That is not the definition.
Prime Peace said in 2008, of course,
economists have a technical definition,
which is a recession, which is two consecutive quarters
of negative growth.
I can tell you this.
I can say two consecutive quarters of GDP growth
is not the technical definition of recession.
It is not.
It is not.
It is not.
It is not.
I can speak to you to what he said yesterday in front of all of you, which is Peter Dushi.
Also, honey, I shrunk the kids on those microphones.
Look at those tiny microphones.
Teeny weenies.
So some people think we've done it.
We're a maybe inter- a recession. But it depends
on who's definition you're going by. Listen, I think I understood and it's kind of what Kyla
was talking about too, where we're only in a recession if we will it. I think the White House
was trying to stop everybody from collectively willing it to happen just by going off of that
definition of, hey, two consecutive negative quarters of GDP
doesn't have to mean we are in a recession in the sense that everybody thinks of losing,
getting fired and not being able to afford rent. It's just these two negative quarters doesn't
have to mean that. So please, everybody, chill. That's what I took it as. Right. Yeah, take a chill pill, everybody.
Especially the Fed, who has just done
another interest rate hike.
Yes, to 0.75 basis points.
0.75% to their target rate of two and a half or something.
Man, did you see that it's on the docket
to ban members of Congress from trading.
August, I think.
Yeah, we'll see if that happens.
Jesus, H.
I saw some, I think unusual whales posted the most,
the biggest dollar amount by a congressional member
that's been traded.
There was one guy.
It's like their pin tweet always, we can probably see it.
Dude, there was one guy who traded like 50 million dollars worth.
He's just fucking good at it, dude.
Well, also, well, that doesn't mean that he profited 50 million dollars.
Also, I wonder what these people's net worths are because there are some members of Congress
who are just rich. So Nancy, Nancy, for sure, but I do wonder, yeah, if all these people were
necessarily, I don't know, it shouldn't
be allowed.
Oh, it's the same thing.
I mean, people are also calling for the same things because right now we have a lot of
Congress members holding crypto, trying to introduce crypto bills and stuff.
I don't know Kirsten, cinema and Tumey's holdings exactly, but I know they just introduced I'm not sure. I'm not sure. I'm not sure. I'm not sure. I'm not sure.
I'm not sure.
I'm not sure.
I'm not sure.
I'm not sure.
I'm not sure.
I'm not sure.
I'm not sure.
I'm not sure.
I'm not sure.
I'm not sure.
I'm not sure.
I'm not sure.
I'm not sure.
I'm not sure.
I'm not sure.
I'm not sure.
I'm not sure.
I'm not sure.
I'm not sure.
I'm not sure. I'm not sure. I'm not sure guess you want it. But I'm serious, isn't that good?
Because then that means that the small transactions
gives it a chance to kind of catch on.
I don't know how much it'll help.
Yeah, I was almost gonna ask the guy
who I bought the Volvo from.
Because our people really,
you didn't, crypto, but.
Wait, we'll get to that later.
Yeah, yeah, we will.
Let's talk about it.
Which we get to next. Wait, did you seriously want to talk. Yeah, yeah, we will. Let's talk about it. Which we get to next.
Wait, did you seriously want to talk about your Volvo?
No, no, I was kidding.
No, I wasn't, but I did really have a moment.
I was like, what if I paid him in Bitcoin?
Because I tried to sell him some of the money
and it didn't let me go through.
Cause Ben's insolvent.
No, it's good.
It was like all of a sudden I'm sending $3,500.
Yeah, they have a limit.
They have a limit.
$3,500.
Yeah.
And it didn't let me do it.
Does PayPal charge you a fee to send money?
I don't know.
Why don't we talk after the show?
I can't wait to post pictures for everybody.
So yeah, everybody's fighting over that.
Meanwhile, so much happened this week. Yeah. A lot of people were messaging me this, the story about Amazon getting into healthcare.
Yeah.
Um, it's also not their first foray into healthcare, but for anyone who didn't see it, what was their first foray?
They have, like, pharmacy, I think they bought like pharmacy companies and, yeah, and uh, and got nothing on Mark Cuban's discount drug.
Yeah, what is it called?
It's discount drug. Yeah, what is it called? It's like Mark Cuban's amazing, incredible
discount drug and podium, fantastic website.
But so one medical, this is actually,
this is a big one.
I think this will be their third largest acquisition ever.
About $3.9 billion for one medical.
It's a subscription service for a modern doctor's office.
I'll tell you what, I had the hardest time
figuring out what this is for.
What this doctor's office is for?
Well, just, because you have it like on top of your
insurance.
Oh, oh.
Because at first I was confused.
I thought it, so yeah, one medical pitch includes an app,
24, seven access to unmanned telehealth services over video
and guaranteed same or next day appointments available
through more than 25, 125 offices.
Honestly, I think their big sticking point
is the next day, same or next day appointments
because like looking at it, I'm like,
I have all that through my insurance.
You said $199 a month for the year.
Oh wow, that's cool.
I know, I was almost like, why don't't I I should just get rid of my health insurance and get because I pay
More than that per month. Yeah, no kidding me too and I just went to the doctor for my annual physical and he was just like, okay, you're good
I was like that's it. Yeah, and now like am I ever gonna?
I guess if I break my ankle or something?
Yeah, that's the thing that sucks is,
I only have health insurance for catastrophic things,
but even then, you run the chance of the insurance company
just finding every way to not pay for it,
which is terrifying, but.
Or they take you to the wrong hospital,
and they're like, no, we don't cover this one.
Oh yeah, damn.
So yeah.
I went to one medical a few times.
I got STD tested there.
I had this rash on my...
Is it like, but it's not like urgent care.
It's like a real...
No, it's like a doctor's office.
It was really, I had a great experience.
So you can go even if you're not a subscriber?
Yeah, I would just, I think it was covered
by my insurance at the time at Buzzfeed,
but I had, I thought that I had HPV
or General Herpes or something.
Sure.
And it sucked because at the same time
I had been trying this gold bond spray,
like not to, it was dead of summer
and I was like, I got to, I want to keep everything dry.
And I went and the guy was like, I want to keep everything dry.
I went and the guy was like, it annoyed me so much.
He goes, we don't really test for HPV for men because the test is so wildly unreliable.
It's just kind of, you might have it.
Good luck.
I told him, well, I've been using this gold bones spray.
Yeah, but it ended up being the gold bones spray because I stopped using it and then it went
away. And then but if it ended up being the gold Bones spray, because I stopped using it and then it went away.
But it didn't work.
And then I introduced it again.
Well, yeah, I'm sorry, I thought it was herpes.
Listen, I don't have any.
It would work, right?
I would practice safe sex with a helmet and a seat belt,
just like everybody does.
But it wouldn't look like a rash.
Well, I'm using rash just as a throw away.
Like, it looked like I had,
because I would spray it.
Yeah, it looked like, you know, sores.
And it was from, it was an allergic reaction
to this gold bond spray.
Okay, yeah.
And then I stopped using it and it went away.
And then I was like, all right,
this is exactly what the doctor said to do.
Try it again and see if it happens again.
It happened immediately again.
And I took it away and then I went
and I got tested and everything and he's twice
because I insisted.
For what?
Everything.
All right.
Everything.
Wow.
All right, so one medical, you liked it.
I liked it.
I liked it, yeah.
I mean, it was a clean office, it was a great experience.
There's a, they have a funny video of,
I wanna watch the, it's very like,
it's the millennializing of
Literally everything. Yeah, like here's them I
Just love that this this is a part of their pitch
It's the doctor's office reimagined a lot of
Clinical more comfortable furniture
Stupid books less clinical We choose the pieces that we do to try to make it feel I don't care about
this but this is great make it feel residential or something you'd find in a great hotel. It also doesn't even look that nice
It looks like bullshit cheap like you. Yeah
Fabrics that are
We're like 30 seconds into this and all they've talked about is the furniture
that's the whole video that they put out a whole video on
the doctors office reimagined
now man i wanted to smell like bandages
i miss doctor nations office where you walked in and it had a distinct
smell
and the lady was like that's a five dollar co-pay let's get you
can let's also you're right the the the focusing on the wrong a $5 copay, let's get you fucking, let's do your height.
They're focusing on the wrong thing.
It was never the furniture, it's the lack of access.
It's the fact that we can't go to the fucking doctor.
No one's like, oh my fucking doctor,
doesn't have bleach cleanable nice furniture.
Oh, this is real.
Who is this for?
Who, what, what, this is, we should ask Adam about this.
So I went, I was so curious.
I've been like googling around and I got,
I found myself on Reddit and people were talking about it.
And it makes for you.
About one medical.
Yeah, makes for views.
The thing people do really love is,
so I think it's always on top of insurance
and a lot of people's employers were paying for it.
So they weren't even paying for the fee
and then when they had it, they got the ability
to get same and next day appointments, which is huge.
But the way they do it, because people's complaint was, you're not necessarily always seeing
a doctor.
A lot of times you're seeing a physician's assistant or a nurse practitioner.
And they're as good as it is.
Yes.
No, I mean, it's probably just as good, but I think it is.
I think that's the thing.
So they maximize, you know.
The doctors just going back and Googling
all your symptoms anyway.
They're Amazon-
Asking if they're getting, you know, they're doing,
I've gotten YouTube pre-roll ads
for futuristic doctor's offices.
This is, it's always some door, who's like,
come on in.
Oh, then, yes, come on in.
Yes, the Ford is a new way. It's another one where I who's like, come on in. Oh, then. Yes, come on in. Yes, dude.
Forward is a new way.
It's another one where I can't tell,
are you insurance?
Because that was another one where I was like,
should I just get this instead of paying
all this money for health insurance?
I literally never use it.
It's funny.
I was, I think they changed up the ad probably
because it didn't work very well
because at first it was like a really hot guy
and like a tight black shirt.
Oh yeah.
He's like, forward is a new doctor's office that's revolutionizing
healthcare.
First, let me show you how the machine works.
The pre-roll, it's a pre-roll ad,
and it's like 10 minutes long, which is insane,
because who's gonna sit through that, but I did.
You.
Yeah, and then the next one.
No, but I think they got me,
because I was curious.
I'm always like, well, I don't wanna pay all this fucking money,
so I'm like, can I see what this is?
But I also don't wanna come and talk to a computer.
I don't want an algorithm to, yeah, I don't want to pay all this fucking money, so I'm like, can I see what this is? But I also don't want to come and talk to a computer. I don't want an algorithm to, yeah.
I don't know.
I guarantee that one will get acquired too.
So that, and it's not just Amazon,
like a lot of these huge companies
are gonna be your healthcare provider.
Walmart is like quickly becoming a huge healthcare provider.
Not just a tomatry, they're doing all kinds of shit.
I'm waiting for McDonald's to get into podiatry.
Walmart has rapidly been ramping up its healthcare business,
providing retail customers robust primary care services
and select locations.
Offer services such as primary care, dental, counseling,
labs and X-rays, health screening,
optometry, hearing, fitness, and nutrition,
but a Walmart.
It's depressing. Three M getting into the game. Oh, three M is, but a Walmart. It's depressing.
3M getting into the game.
Oh, 3M is spinning off their healthcare thing.
And I think part of the reason is because they have
so many lawsuits, it's a way for that to get it off
of their books, because they like off of 3M books
and raise some additional capital
that would go to combating those.
But yeah, one of the big ones is some earplugs
that didn't work for a combat veterans
that suffered hearing loss.
I didn't even see that.
Yeah.
I got a really specific ad.
I don't remember, was it YouTube pre-roll?
It was for some,
milletsum, one specific military base in North Carolina
from like the 80s, all these soldiers that
were stationed at that one base were exposed to some chemical.
And they've got a specific URL for it and everything like Fort Sumter Cancer lawsuit.
And they think by the stuff, they can tell by the stuff you're clicking on, you have some
kind of severe brain damage induced by a chemical that the government put out.
Buddy, it doesn't take,
it doesn't take an algorithm to see that
of a brain damage.
I do wonder.
They're like, he wasn't even born around then,
but he's clicking all the same stuff.
He's got, he's got some kind of holes in his brain
from the worms.
But I always think we're so close to, you know, I'm like, we're gonna do it.
We're gonna have single-payer healthcare in the center.
Taco Bell health insurance?
No, no, just let me get the words, okay.
Go ahead, single-payer.
It doesn't matter.
No, it does.
Yeah, single-payer healthcare.
I was like, it's only a matter of time.
But I think the truth is that just all of our major corporations
will fold healthcare into their portfolios
and we'll just have to go straight to Amazon, Target, Walmart.
At least give it a better thing.
Google.
Yeah, Google.
I would trust Google healthcare.
Would you?
Yeah, I'd let the quantum computer tell me
whether or not I got brainworms. Or how big they are, how long trust Google healthcare. Would you? Yeah, let the quantum computer tell me whether or not I got brainworms.
Or how big they are, how long the worms are.
I just want to know their names.
Do I can communicate with like guys, let's work together in there.
Come on.
Come on.
No, over here.
Okay.
All right.
I do.
I just that reminded me.
I do have one more part of the dog piss story.
There was another day that the second day, it's funny.
It's funny.
Come on.
Hey, how about if we have time at the end,
you tell me the dog piss story.
Okay.
Yeah, yeah, yeah.
Well, just because it's not.
No, no, all right, fine.
Tell the dog.
Okay, okay.
So I was walking the dog and I'm in a good mood.
It was the next morning.
And she pees and she leaves, you know, the huge puddle of piss and
we're walking real slow and this older woman is walking her
dog. She's probably in her 50s. She's got her little dog. Her
little dog comes up and sniffs the pee. And I just thought,
you know, I'm in an affable mood. I'm going to make a little
joke here. The woman's back is to me as her dog sniffing the
pee. And I said to the dog, I said, excuse me, sir, that's
her piss. Like, like, this is my dog's piss. That's her piss. And the lady just turned around,
didn't just looked at me and I just went, I was just kidding. And she just went, I know.
So me and that lady are having a similar reaction. Yeah, I just was like, damn, that's New York baby.
This lady just iced me out about my dumb little joke.
Sorry, thank you for entertaining that.
That reminds me of, I don't know if I told it.
This is one of the meanest things I've done.
It wasn't that bad.
Tell it.
It's just, it's a similar vibe to that lady.
So basically when we were in Greece,
we met up with these people we had met on a boat
we were with earlier in the day.
And the dance bars weren't opening
until literally like 2.30 or 3 in the morning.
So we would sit there and we would just drink until we would go.
And so we're with these people and we're just drinking all night and we're like,
all right, they're probably open, let's go over. And we get in, we're having a great time,
it's four of us, we're all dancing together. And it's like very much like in our own world.
And maybe someone heard me say something to Phil and it was like, oh, Americans. And so this guy
comes over and is like, like, where are you guys from?
And the two French women were like, you know, Paris, whatever.
And then we were like America.
And he was like, where?
Phil said in New York and I was like, California.
And he said, me too, where?
And I said, LA.
And he said, I said, I'm from San Francisco.
And I said, I know.
And he said, what?
And I just went, and he was like, oh, my whole thing.
And I was like, yeah.
And he just was like, you're an asshole.
He walked off.
Whoa.
But I was just so, I was like, why are you bothering us?
We're doing this whole fuck, like, it doesn't matter.
We're not gonna connect over anything.
Yeah.
And I had been drinking for about, I get that.
It's kind of the similarly, oh, you go to UCLA.
Do you know John?
Yeah. It was like he was gearing up toward that
I don't blame you. Yeah, I I
It's a good but Phil was like holy shit dude. Yeah, I can tell well fuck you. That's funny
damn well
Speaking of that
Should we talk about Shopify?
Oh, yeah, man, these poor people, poor Shopify people.
So the stop, not the head of Shopify, but the people getting laid off.
You're good.
They laid off 10% of their global workforce.
And they, they reported a lack lackluster earnings.
They had gone from, the stock went up like 350% in 2020.
It's just skyrocketed.
Cause what was the narrative?
Everybody was saying that, oh,
because of the pandemic.
Retails dead.
Retails dead, e-commerce.
Everyone shopping online.
Well, they said specifically, e-commerce's growth
has been pulled forward by like five years.
Right. Because you can see the trajectory of e-commerce sales as a percentage of total retail
sales. And yeah, they were like, oh, the pandemic has permanently changed shopping habits.
Right. But I acknowledge he had misjudged how long the pandemic driven e-commerce boom would last
in a broader pullback and online spending. Shopify would move to cut a number of roles.
Yeah, because they they they enter and you know, I can't blame them, but he said it's now
clear that bet didn't pay off.
What we see now is the mix is reverting to roughly where pre-COVID data would have
suggested it would be at this point.
It's still growing steadily, but it wasn't a meaningful five-year leap ahead. So that sucks ass for a bunch of people
who just got laid off and hope they're gonna be okay.
They did give them all, I think, 16 weeks of...
Severance.
Severance pay, and I think they said that their stock
vesting cliff would just be,
so like if you had three years left to vest,
they would just give it all to you,
which is pretty fucking tight, if that's what that that means yeah, but it's still a lot of people
We were sharing that that reddit post of the guy who was like I moved here. I just relocated from Spain family five
He was talking about and cuz it's like, you know, surely you'll get another job you land on your feet
But for that high position role he was talking about six months of interviewing.
Yeah, which is insane.
Yeah, who the fuck, why are you guys taking so long?
It's, hey, you smart, yeah.
Hey, you wanna job?
Yeah, how's this amount?
Yeah, higher.
Okay, how's about this?
Okay, yeah, good.
In the time, boom, done.
In the time it took them to interview
their business model fellow part.
Well, it's not that.
It is, I mean, he was pretty much it's.
I remember being kind of incredulous toward it too, because I thought, I mean,
yeah, people's habits are shifting toward e-commerce increasingly,
but also people are going to go back to wanting to go be in a
I mean, I prefer it. Yeah, well, sometimes. Yeah, I mean, we're joking, but he made a bad bet. I don't blame him exactly. I think
My fear was that everything was just gonna become a hollowed out. I mean, we would drive around
peak pandemic and we'd go, you know, you'd see all the closed stores and we're like,
these are all just going to be Amazon fulfillment centers. Like, yeah, this is, it's going to be so tragic. Yeah.
And that hasn't happened luckily. And they also had a, speaking of Amazon fulfillment, they had acquired some company for around three billion dollars.
That is like a fulfillment
type of deal to compete directly with Amazon. I remember that that was, yeah, that was like a big headline that Shopify
is gonna give Amazon a run for their money.
And, you know, that means, so it's funny
because they're still growing.
It's just that the pace at which they were posting returns,
the last two years has slowed dramatically.
If they went from like 57% revenue growth
to like 80% revenue growth to now back to I think
22% and quarter one and even lower for this second quarter and they went from making like
a hundred and something million dollars in profit last year or two years ago to losing like
800 million or something like that. Sorry if I'm not getting the numbers right. But the
point is the growth is slowing and that scares the stock. But we asked for comments crunch those numbers and let them know.
Yeah, but, but Shopify is already down 80% from its peak.
So one could argue that it's already been priced in because the market, as we've said,
is forward looking and the market has had time to process this shit.
And that's why if you're out there and you've bet against it on earnings or something,
they've posted this bad, quote unquote, bad quarter, the stock was up.
And that's kind of like, that's been a theme in this earnings season so far is stocks
aren't reacting as negatively as you would think.
It's all priced in, baby.
Well, you could say that it might be priced in, but then, yeah, it might just be a quick
little, um, uh, a moment of, of, uh, I don't know what the fuck word I'm looking for.
Nutrality, respite.
I don't know.
Was that the word you were looking for?
I don't know. Someone's going to help me out. I don't know. Was that the word you were like, I don't know. Someone's gonna help me out. I don't know. Commenters.
Cash. Commenters. Let him, let him know.
Friend of the pod. Cash. He spoke to his head through the curtain. Big shout out to Cash. Looking, oh, looking so good.
I wish you guys could see him. He was wearing a white coat thing. Jacket thing, denim, it looked like.
Just sexy is all get out.
Wait, but before we get too off topic on this,
I do want to point out this New York Times article,
because it's very, it's connected.
Oh, you mean liberal, liberal New York Times?
Hey, you know I'm no big fan.
Wying big fan news.
New York Times, but I like this article pointing out,
it's a bit different.
They're talking about the grocery delivery stores.
And it's basically, it's titled,
maybe we don't need groceries in 15 minutes after all.
And it's basically the explosion of grocery delivery stores
and she's talking about how she's seeing them pop up
all over the place and they start to look into the legality
of these fulfillment centers.
Interesting.
But then before they even do any type of action on it,
she starts to see their dwindling, right? Wait, I don't understand. There's specific grocery
stores that you can't walk in. You can't even jump in. Oh, they're just for, they're
like just delivery hubs. They're like ghost kitchens, but for these things and ghost kitchens,
I hate. I can't stand those ghost kitchens. There's so many good looking restaurants that I see on on
Grebhub or whatever.
And then when I see there's this one specific address on Western,
on Western and just south of like Melrose.
And I immediately know, oh, it's a ghost kitchen where they just, oh, yeah.
Yeah, for those of you who don't know, a ghost kitchen is a kitchen that basically,
it cooks for delivery.
But for a dozen different restaurants.
With, it's a weird hub.
Oh, they make burritos, they make pizza,
they make Italian, they make all sorts of shit.
And the food is mediocre at best.
Oh, dude, mediocre is being nice.
Yeah, I went to pick up from there one time
and never again, because it's like lockers.
You go in and you got a locker
and it just feels so transactional.
It's like when you go to any restaurant
with two big of a menu, you're like,
well, there's no way you do all these things as well.
Except for Jitlata. Jitlata.
But it's all Thai food.
Yeah, but they've got like 160 things on that fucking menu.
Yeah, but it's kind of all variations of like a
fish and noodles rice.
So that's what Emil thinks about Thai food.
He just thinks it's all the same.
It's basically all the same according to Emil de Rosa.
No, I'm talking about a diner where they're like, oh, yeah,
they'll literally have like oysters on there.
And it's like, what are you doing?
Dude, what are you John Mulaney?
Do the John Mulaney bit.
He's got a whole sketch on SNL about it about ordering lobster at a diner
Because there was a diner he must have gone to that had lobster and he thought but why don't people ever order the lobster at the diner
I'm going to order the lobster fuck you exactly. Yeah, that's disgusting
The thing that you always get at a diner, tuna melt, that's the best thing.
Because it depends where you're there.
Yes.
Pancakes.
Pancakes or a tuna melt.
Those are the only, and a cup of coffee.
Coffee's always best from a diner with a thick ol' mug.
Thicker to a Nicki Minaj.
I don't drink coffee, so I don't,
I can't partake in that.
Get the key.
Sure, but there are a few choice quotes from this article.
I'm gonna read them to you, because it makes me so happy.
Read them as fast as you can.
No, I'm gonna do this one real fucking slow.
So basically she started looking into them, right?
And the number started dwindling.
And the infusion of capital in these businesses
was predicated in large part on the misguided assumption
that certain distinctive habits Americans acquired during the pandemic would endure.
I was worried about that as well, right?
But so other delivery services have also vanished.
And March Instacart slashed its valuation by nearly 40%.
Wow.
You could not buy a Peloton bike at the height of the pandemic
when the stock was trading at $171.
Now there are more listed on eBay than you can count
in the share prices fallen below $11. Wow. So what's happening? People want than you can count in the share prices fall in below $11.
Wow. So what's happening?
People want to actually be out in the world.
They don't want to be shoved away in their apartments ordering all these things.
For all of its insistence on credentialism and ostensible reliance on inscrutable analytics,
the elite financial class all too often defaults on myopic and intuition.
Whether it's the feeling that charismatic people, like the weak work founder,
Adam Newman must know what they are doing or in his, or in this instance, the conviction
that because people were exercising in their houses and ordering meatballs and bounty
online in the month before vaccination, they would want to keep at it forever.
Yeah.
We want to go out, baby.
That's a very astute observation, and I feel like it really captures a moment really well.
That yeah, we, for the majority of us, let's get on with it.
Let's go back to shopping, man.
Give me some retail therapy.
Just seeing fucking people talking.
Yeah, seeing people talking.
When I was on the flight home yesterday, my two days ago for you guys,
but my back of the, my back of the...
I love how you pause for laughter.
I'm gonna say it, but I better give a meal a break,
because he's gonna want a chuckle.
He's gonna want a laugh at me.
And then I see you holding back laughter.
Yeah, well, so my TV didn't work,
the Wi-Fi didn't work. I didn't have a book.
My phone was gonna be dying, so I wasn't gonna do anything.
I had nothing to do.
So, I watched the second half of the new Batman movie
over the shoulder of the person in front of me,
and thank God she had subtitles on.
And that did something for me.
But then I went up to go to the bathroom.
I didn't even have to go.
I just thought, oh, let's go back there and stand
and I ended up talking to a flight attendant
for like 20 minutes about airplanes and airlines and stuff.
We had a great conversation.
And we got another one.
Yeah.
I was gonna ask her to show me the sleeping quarters
for the flight attendants because it was on a 767 where they had that. You were like, hey, what do you say to show me the sleeping quarters for the flight attendance,
because it was on a 767 where they had that.
You were like, hey, what do you say you showed me
the sleeping quarters?
But like, I'm interested in it because I like airplanes.
No, I'm actually a plane guy.
This is not sexual at all.
But I felt that.
I felt that kind of moment of,
I just want some human connection.
I want to talk to somebody.
Dude, and it was great.
It was refreshing.
100%.
Because here's another thing.
I'm increasingly getting more upset and disturbed
and just bad vibes from being in public places
where people are on their phones.
It just feels, it feels dystopian.
It feels like just a bunch of,
I hate sounding like a Tumblr team, but a bunch
of sheep. Like with their pacification thing, just, hey, I've got a spare moment, better
pacify myself. And I mean, I admittedly, I do it all the time, and I do it under the
guys of, well, I need to check stocks. I need to do that. But most of the time, if I've got
nothing else, I try to just put it away and be in the moment,
whatever that means, oh, I'm in line for tacos,
better be in the moment and,
you know, make an observation to the person next,
but that's the kind of interaction that I like
and that I miss, you know, pointing out to the woman.
Hey, that's my dog piss, and then getting burned by it.
No, I know.
Yeah, when I'm on a date,
I'll, if she like goes to the bathroom,
I'll purposely not pull up my phone and I'll be like,
when she comes back here, she's gonna be like,
wow, he didn't even pull out his phone.
What a cool fact, that she doesn't even know.
Doesn't even know.
Yeah, doesn't care.
I should have looked at my phone,
it would have been less bored.
I'm just there for five minutes going.
Yeah.
Now she'll be back and she'll see how cool I am.
Yeah, and I wish someone at the restaurant
or the bar or the bartender would notice and be like,
wow, I noticed you didn't even pull out your phone.
That's pretty cool, but nobody cares.
No, it appears.
Yeah.
They go pull your phone out, you look like a freak.
You could just staring off into the distance.
But I'll tell you, I have been, I've been going out
and doing things a lot more.
I feel like I'm making an effort to feel like I'm living in New York
and I'm just like, I'm going out during the week
because I, like, in New York, it forces you to get out of your house
because you live in a small apartment and you're like, I can't stay here.
I'm like, I'm getting dainter with people.
I'm meeting people with drinks.
Going to yoga class with friends.
I saw you got wine with Adam yesterday.
Where'd you guys go?
It wasn't just wine.
We got dinner too.
Well, because I got back yesterday and I thought you guys knew.
We've not been for you.
No, I know.
I know.
And it wasn't just me and Adam.
Yeah.
Oh, who else was Phil and Danny were there too. Oh man. I love those guys. Damn that sounds fun. It was it was actually very fun. Where'd you guys go?
We went to this great pizza place called I don't blow it up cares daylana daylana. Yeah
Where's that?
LA.
Arch district.
Arch district.
Okay.
What do you guys, you just got a bunch of pizzas?
Got like four fucking pizzas.
We got, we got appetizers.
Well, what, we need to hear you.
Sounds like the bachetti night, where we all had a great time.
Yeah, except we replaced you with Danny,
who's a way better vibe at dinner.
A better vibe.
I'm just kidding, yeah.
That's what I said to you last time,
you're a bad vibe at dinner,
but you're not, you just weren't there.
Yeah, I know, I know.
We weren't like, let's wait for Ben to get home from LAS.
Yeah, I know, I know.
Plus, I got home, I got in at like 10 o'clock.
But I'll tell you what,
straight to in and out,
which was a bad idea.
Doing all this stuff?
Yeah.
So much happier.
I fucking love being around people.
Yeah, being around people rocks, except shitty people.
I don't, because I feel that, but then sometimes I go out
and I'm annoyed.
I'm increasingly annoyed by what I consider to be
rudeness or being considerate.
I'm hanging out with my brother. Yeah, I'm talking about not the people you're with, what I consider to be rudeness or big and considerate.
I'm hanging out with my brother.
I'm talking about not the people you're with,
but like people around you, just, God damn.
I don't like it when people are,
and I think that this is a side effect
of the technology being in our faces
is it makes us a lot more inhuman to one another.
People are so quick to be rude and mean.
Yeah.
You know, like the flipping people off in your car.
Don't do that.
All right, guys.
I'm, I'll tell you what,
I'm also making a concerted effort to be nicer.
Not nicer, just like more less angry.
Yeah, it's gonna kill me.
It's gonna give me a hard time.
Like the kid that I saw in Long Beach,
Fourth of July, he's, he's riding his bike on the sidewalk
in the wrong direction, and these people are walking
on the sidewalk, and they like have to dodge him
and say like, whoa, hey, come on.
And then I see him turn around and just flip them off
and keep going.
Fuck you to that kid, don't do that.
Not me anymore, all those stories, man.
That's in the past.
Or like, yeah, just be me guy.
I feel like I saw that recently where, yeah, somebody,
you know, at a store or something, you're in line
and just be nicer.
God damn, shithead.
You know what it was too?
I was like, be nicer bitch.
Cause whenever it was like years ago,
I had like a meltdown, started,
I went to, it was like, my family was like,
we gotta get this dude some helpies.
Oh yeah.
And so they were sending me to therapist.
But and then I went on like a weird retreat.
I was in this yurt with this guy and like the cat skills
and then I went to this woman's house
and did a weird meditation retreat with her for a long time.
And the mindfulness stuff was like really helping.
So I was doing that forever.
And then in the pandemic, I just was like depressed
and I was like, I'm not gonna fucking like mindfulness
my way out of this.
And I just stopped doing anything.
I was like, I don't care.
Just let like my mental health go to shit.
And I kind of been on that for a while.
And then I was like
Recently, I got a fucking relax. I'm a crazy person. Yeah, started getting back into all that stuff
All that shit's behind me. Yeah, I will see. I'm probably still I'll break sometimes. Well, that's why they call it a practice
Right right right because it's it's never perfect. You're always practicing
We got to do a special like mental health episode
Yeah, because I got some stories a big one hang it with friends man. You got to get out there
Yeah, sure
I'm constantly exposed to COVID and monkey pox and I don't have any more money, but I'm happy. Yeah
What else we got? Wow that was a fucking tangent. Yeah, but we like tangents
We like here at the show called Trilina reminds
it on youtube.com and Spotify and wherever you get your
podcasts, we like to go off on tangents. The only finance
show that goes off on taint. So when commented on the TMG
studios app, the only finance show that talks about Elon
mustache, dad's giz. Yeah, yeah. Should we jump ahead to
Facebook? Maybe? Let's see, I don't know, let's see, we Yeah, yeah. Should we jump ahead to Facebook maybe?
Let's see, I don't know, let's see.
We got, we got Walmart slashing profit outlooks,
whatever, the excess inventory thing, woes continue.
You know what I'd like to do some time is,
when we have too many news stories,
we should do like certain podcasts do
and in the beginning just highlight everything
on this episode of Trillionaire, we're gonna have this,
we're gonna talk about this, we're gonna talk about this,
we're gonna talk about that and then get into it.
What do you think?
I should bring that up in a meeting.
No, we've done it, but then we don't get,
the problem is we're morons and then we've literally done it
and we've talked about this and are like,
you guys announced that you're gonna do all these things
and then you guys talk about Jizz.
Yeah, well, there's a lot to, there's a lot to do.
So, you know, best laid off ends of my son, man.
So Zuckerberg and Facebook is maybe in trouble,
what, because of Instagram?
Oh yeah, this is from Mike Isaac,
summarizing the big all hands that they had.
So for anyone that doesn't,
Facebook reports the first drop in revenue in like a decade.
Yeah, or something.
By the way, they are the only social media company
who is above their IPO price.
Snap is under, Pinterest is under.
No, Pinterest always bounces back though, remember that.
That is a good, always a good bet.
That's a joke.
Hey, Glenn.
Hey, Glenn.
So Facebook's decade long streak of nonstop revenue growth
has come to an end.
Social network reported its first ever yearly decline in revenue for the second quarter,
announcing a 1% drop to $20.8 billion.
Oh, and predicted that growth in the third quarter could fall even more.
So basically, the ad market is shit, except for the podcast ad market.
Yeah, so we've talked about that a little bit, but the figure is wild.
Apple's Ask App, not to track prompt on iPhones,
has made its ads much less effective,
costing me a $10 billion.
Jesus, and not to mention Snapchat.
They just got decimated.
Yeah.
At first, they were on the tear.
They had rallied from a couple bucks to $70,
and now it's all the way back down to where they started.
Just all because of Apple.
Just move some things around.
So insane.
Insane.
Yeah.
Now that is power.
Yeah, you cost me $10 billion.
You won't get a Tim Cook.
This is power.
Is that Lion King?
No, that's, but that's close.
That's the same guy.
Yeah, it's Tim James Earl Jones. James
old Jones. It's in some Arnold Schwarzenegger movie. He's talking, he's like a king.
He been, this is why we can't do the thing at the top and say we're going to get to all
these things. Well, okay. But then so they had, they had the dipshit looking guy from who
looks like he looks like a Herman month. No, not the Harry what's the
a monster kid's name Eddie monster. He the head. Oh, widow's peak guy. Yeah, the head of Instagram.
Adam. Yeah, Adam.
A series that head of Instagram.
Sorry, Missouri.
Come on.
Came on. He posted it on Twitter.
Oh, he does have a widow's peak. Yeah, he looks like Eddie Munster, but grown up.
There was a show called The Monsters. I think they're remaking it or something. Oh, great.
So you guys are going to love that joke in a year to two years. Yeah, but so anyway, he came
on to explain why Instagram is basically going to give us what he was specifically. I think
he was responding to the Kardashians. So the Kardashians put out this post that said something like
Stick to being you know make Instagram Instagram again basically we want it says they feel power
They said something like you know We just want Instagram to be cute pictures of our friends that we can scroll through and honestly
I mean scroll through your Instagram. It's it's all it first you get ads and then you get videos of shit
You're not following yeah, but even then it's mostly things what you get ads and then you get videos of shit you're not following. Yeah, but even then it's like,
and Benz is mostly things, what,
you don't get to talk for one.
I'm playing guitar, it's the thing.
I'm like, what, just the fact that this shit exists,
sorry, continue.
Continue.
Well, it's hard to say the joke when you cut it off.
Oh, I'm sorry, I didn't mean to, I'm sorry.
It's okay, just go.
Just go.
No, that's it, it just, it just depresses me.
I was just gonna say Ben's ads are mostly
them asking if he's been exposed to a chemical
that's given him a drink.
But on an army base,
the people are like,
I wish I could have just gotten it out.
Fuck, I'm sorry.
Now mine's mostly titties and airplanes.
Mine's like dogs and self-help.
I get a lot of like, it's weird.
My explore page is full of, you know,
like, here's why all your relationships fail.
Like, okay, who fucking, so it's like,
what am I clicking on?
Yeah.
I don't know why, mine is like Portuguese women,
in Portugal, just like bikini club.
I know why.
Why?
I don't know why. And okay. He's winking at me
So I've even gone so far as to I'm like this is great, but I click the
You're a dog you used women love what you're doing. I say not interested not interested
It started showing me a bunch of stranger things memes and I'm like why the fuck is it showing me this?
Yeah, you got hit that for my Twitter was full of fucking
Joe Rogan MMA
And I had to keep just not injured. I don't I don't know anything about it. Yeah for a while mine was a bunch of Elon Musk
Loverboy memes. Did you see how when he posted the thing about not having sex? He got all these fanboys
I'll suck you off. Yeah, I but they were unironically
Being like I'll ask but I asked my wife and she said I could suck you off. I will suck you off. Yeah, but they were unironically not. Yeah, yeah. Being like, I'll ask my wife and she said I could suck you off.
I will suck you off, sir.
And then people would react and be like,
what?
And they'd say, listen, if it's for the betterment of humanity,
you bet I'm gonna suck off that.
We'll never get to Mars if we don't empty this guy out.
God.
Wild shit.
I wonder what I do, I have to wonder what is Diclin' Balls look like. Oh, yeah. Oh, yeah. Oh, god. Wild shit. I wonder what I do.
I have to wonder what his dick will in balls look like.
Elon Musk's probably just like a dick in balls.
Yeah, but like, I don't know.
You can tell, I have a theory that you can tell
what a man's penis looks like by his hands and his fingers.
For the viewers at home, there you go.
Here you go.
So I used to work with this guy, I won't say his name, but he would stand over my shoulder
and point at my screen and he had a weird crook on the end of his finger and I was like,
oh, this dude dick is weird looking.
Why, dude?
Just because how his fingers, he'd be like, hey, look at that, right there.
He had like a New Jersey, he hated cilantro.
He was that kind of New Jersey guy.
Oh, I fuck it.
Just, if we're getting tacos for lunch, just make sure no cilantro. And was that kind of New Jersey guy. Oh, I fuck it. Just if we're getting tacos for lunch
Just make sure no cilantro and he had a weird finger and I just knew his dick was fucked up
So Adam at dinner brought up the last time we were both at dinner and we all showed each other to
What did he say about it? Was that weird? I?
Think I don't know he didn't do it. Yeah, he was the say about it? Was that weird?
I think I don't know. He didn't do it. Yeah, he was the only one who did.
Right. But what did he say? Was he? Is that why it wasn't invited? He was like, kind of a bad vibe at dinner, right?
No, he just kind of was like, he just, it was just an offhand comment.
And he was like, yeah, last time was just an offhand comment. He was like, yeah, last time.
We showed each other.
Yeah.
Anyway.
So Instagram is basically,
I mean, that's what we were talking about.
Everybody's threatened, everybody's threatened by TikTok.
And they should, because it,
God, he's so fucked up looking.
Well, so, yeah, let's watch the video.
Yeah.
And then we can talk about it. He talks funny too.
Instagram is you can change it.
He's very annoying.
Yeah.
Right now, we're experimenting with a number
of different changes to the app.
And so we're hearing a lot of concerns from all of you.
So I wanted to take a few moments.
Damn, dude, he really is on Eddie Monster Mode
with that haircut.
He also sounds like, did he used to be a boxer or something?
I think he's Israeli and so he has an accent.
That's not an accent. That's like a speech impediment.
So then that makes me an asshole.
Yeah. Okay. Anyway, I don't know. I don't actually hear it because I'm not.
Continue.
Seeing a new full screen version of a feed or you're hearing about it,
know that that is a test. It's a test to a few percentage of people out there.
And the idea is that a more full screen experience,
not only for videos, but for photos,
might be a more fun, engaging experience.
But I also want to be clear, it's not yet good.
And we're gonna have to get it to a good place
if we're gonna ship it.
This is what I'd like to tell the listeners of this show.
It's not yet good, we're working on it.
Yeah.
And if you're seeing it like this, it's gonna get better. We're gonna do the stuff Ben's talking about, where we're gonna say what we're gonna talk about, and then we're actually gonna talk about it. Yeah. And if you're seeing it like this, it's going to, it's going to get better.
Yeah. We're going to do the stuff Ben's talking about where we're going to talk, we're going
to say what we're going to talk about. And then we're actually going to talk about it. But
right now, we're not good. Yeah. But I think basically he's echoing what Mark Zuckerberg
said, which was it. And I think Mark Zuckerberg is probably frustrated by the sheer size of
Facebook now because now they've got just so many people working there that there's no way that they've got the top talent anymore and that's probably how
it used to be when they were lean and mean and they had. He basically said at
their all hands like, hey, there's clearly a lot of people who don't belong here.
Did you see the guy who called in and and was like asked about vacation? Yeah.
Well, it was pre-recorded. I know. But and that's the fucking stupid thing.
He knew, he was definitely prepped.
He knew the fucking thing was coming
and then he does this like, I bet you guys can tell
from my reaction how I feel about this.
Yeah, that's the thing is they're trying to,
but I love for anyone who doesn't know,
this absolute king calls in from Chicago.
And it's just like, I'd like to know,
well, and Mark Zuckerberg's talking about how fucked they are.
And he's like, I'd just like to know if our days off
are gonna stay the same that we instituted
for the pandemic.
Yeah.
And Mark's like, fuck.
Mark Zuckercourtns just upset
because he wants everybody all hands on deck
to compete with TikTok.
You don't understand.
He's gonna work you like Elon Musk.
Yeah.
By the way, the most Israeli accents have a
list. They talk like this. They've got the Israeli accent is a lot like this. They talk like this.
So Instagram is going to have Reels now, okay? And they do. I mean, that's so good.
and they do, eh. Oh, I mean, that's so mean.
Eh.
Eh.
How do you say?
Eh.
Eh.
Moll.
Moll.
Eh.
Shopping Moll.
That's a, eh.
In Greece, it's, eh.
Instead of, eh.
Eh.
Eh.
So.
Wait.
Ha.
Ha.
What?
So, he also goes on to say that, you know,
they're fucking pivoting to video in a big way.
They're like, your pictures are still gonna be there.
We're still gonna feed you suggestions.
And he says the suggestion thing is not good.
And yeah, the app is not going back
to what you want it to be.
It's going to, they're gonna try to be TikTok.
It's kind of, they're kind of turning into Facebook
in the sense that they're just late
while they're in.
It's just gonna be a dead app.
Like who goes on Facebook?
I still don't understand what reels are versus videos
versus it's confusing.
Reels are basically TikToks on Instagram.
But how is that different from the other video thing
that you can put, not a highlight,
but there's another one that, uh,
oh, where it's just an actual video.
Yeah.
And it's not a a I don't know
it that pisses me off okay they're telling us we can rap now
well yeah well the Kardashians though are are pissed off about it because they are very very
much threatened by tiktok in the in the micro celebrity that tiktok, because why would you need, because the Kardashians aren't entertaining outside of pictures
and outside of keeping up with the Kardashians.
I mean, that's a huge, well yeah,
but their relevance is fleeting
if this trend is to continue,
because their prominence is mostly Instagram.
Mm, but I mean, that was always gonna happen.
They're fucking weird.
No, because they've been on top for a long time.
God, what a disgusting culture we have.
Yeah, now it's time to move over for some TikTok dancer.
I say make those the...
The Vinky twins.
Those are our new guys.
Yeah, make those guys.
They're doing a bit, right? They're not that dumb.
I have prayed to God that they are.
I think they are. I really hope.
The Vinky. The Vinky.
It does suck though. That is now all of our entertainment is just like...
Dip shits.
Well, when I first got on TikTok in the pandemic, it seemed like...
It seemed somewhat entertaining and somewhat real. Yeah.
But then just a couple of months into looking at it, I was like, wait, everyone's just like setting up fake stuff.
Yeah, can we...
Can we?
I do want to talk about a certain TikTok trend.
This is what I kind of wanted to talk about with Cody though.
Maybe I'll save it.
You know what I saw?
What?
Someone sent me this, like, Jack, they were joking.
They sent me this Jack dude on TikTok, so I was looking at it.
And they were like, why don't you look like this?
And he wasn't like so cartoonistically big,
but I was like, I could never do that.
I don't understand how he does it.
And then I've scrolled through enough
and he was very open about using steroids and stuff.
And I was like, I love that.
Cause honestly I've watched, I've looked at people's stuff
and I'm like, how do you get your, I don't understand.
We're being yelled at right now, dude.
This is crazy.
We're being yelled at via text.
Let me finish this story.
So the guy was on steroids?
Yeah, and I'm like, and I finally connected the dots of like,
oh, if you get to a certain, there's, you just can't do it,
naturally.
Or maybe you can, bring me wrong.
Well, so anyway, that about does it for the regular episode.
We got a lot to talk about.
I'm going to be showcasing my new Volvo in the after hours,
but also when I get it on Sunday, I'm going to be driving it down
from Northern California.
So wish me luck.
Kill your parents, quit your job, shit those pants.
Show pictures of your dead parents and your shit in pants.
What? No, what?
Yeah, don't do that.
I'm joking.
I'm being serious.
Don't absolutely don't kill your parents, but kill your parents and
Quit your job and poop in those pants those beautiful pants
Subscribe, but also kiss your parents. Yeah, kiss them cleaner pants
Don't get a job shut the fuck that's the that's the moral of the show
so
Subscribe at TMG studios.tv, subscribe at youtube.com slash
trillion or mindset and we'll see you in after hours. Love you. Bye. This week on
after hours.
No world. No, it's that like give it to us I'll have a sub gone. It's gone. Okay. It's gone. Alright. Yeah cool
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