Podcasts about NetSuite

Gil's Arena Predicts The BIGGEST Moves Of The NBA Offseason as the Gil's Arena Crew discusses LeBron James' upcoming free agency where the Golden State Warriors are quietly emerging as a top suitor, allowing LeBron to team up with other aging legends like Steph Curry & Draymond Green to chase one more ring and debate how the King's time with the Los Angeles Lakers will be remembered if he chooses to move on from the Purple and Gold. They also highlight another big decision for the Lakers this offseason as Austin Reaves is expected to enter NBA Free Agency and debate how the Lake Show should handle the market for Lemon Daddy as they weigh overpaying the sharpshooter to build a championship back court with Luka Doncic or completely move on to restructure with their Slovenian Superstar. Next, they continue their discussion on the saga surrounding Giannis Antetokounmpo & The Milwaukee Bucks as the Greek Freak looks to be just a few days away from being traded to a new team and debate which NBA team will land the former MVP with the Boston Celtics & Miami Heat emerging as the top suitors and dark horses like the OKC Thunder & San Antonio Spurs lurking in the background. Finally, they react to OKC Thunder GM Sam Presti clapping back at the flopping narrative surrounding his franchise superstar Shai Gilgeous Alexander and discuss if the back to back MVP is drawing too much hate for his ability to draw fouls. Today's Gil's Arena Crew : Josiah Johnson, Swaggy P, Kenyon Martin, Skip Bayless, Brandon Jennings & Rashad McCants Gil's Arena premieres every Tuesday, Wednesday & Thursday at 11:30am PT / 2:30pm ET. Sign up for Underdog HERE with promo code ARENA and play $5 to get $50 in bonus funds or bonus entries https://play.underdogsports.com/vgwg/... For the first time ever you can try NetSuite Next for free. Go to https://NetSuite.AI/Gil SUBSCRIBE:    / @thearena0   Read Rashad's Blog - https://rawrashad.com/?blog=y Join the Underdog discord for access to exclusive giveaways and promos!   / discord   Must be 18+ (19+ in AL, NE; 19+ in CO for some games; 21+ in AZ & MA) and present in a state where Underdog Fantasy operates. Terms apply. Concerned with your play? Call 1-800-GAMBLER or visit www.ncpgambling.org; NY: Call the 24/7 HOPEline at 1-877-8-HOPENY or Text HOPENY (467369) 2 Min Countdown 0:00:00 Show Start 0:01:58 LeBron's Upcoming Free Agency 0:06:02 Best Fit For Giannis 1:02:24 Austin Reaves' Future In LA 1:22:49 Can The Lakers Win With AR As #2 Option 1:37:01 Would You Trade Fox For Zion? 1:49:16 Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of Run the Numbers, CJ sits down with Dan Bettes, CFO of SoundCloud, at the New York Stock Exchange. Dan breaks down how SoundCloud operates as a two-sided music marketplace, how he thinks about liquidity between fans and creators, and why great finance leaders need to make forecasting feel owned by the business—SPONSORS:Aleph is a modern FP&A platform built for teams that want more than another planning tool. By connecting your ERP, CRM, and other systems into one trusted data layer with AI workflows, Aleph helps you move faster with real-time insights. Get a personalized demo at https://www.getaleph.com/runRightRev is an automated revenue recognition platform that lets your product team ship new pricing without asking finance for permission, and your sales team close deals without creating downstream chaos. Check out their free tool at calculator.rightrev.com It scores your rev rec process, shows what's exposing you to risk, and tells you exactly where to focus before it bites you in the rear end. Check it out at https://calculator.rightrev.comRillet is an AI-native ERP built for modern finance teams that want to replace NetSuite and close faster. With revenue recognition, close management, multi-entity support, and native Stripe and Salesforce integrations, Rillet helps scaling companies run their finance stack in one place. Hundreds of teams, including Windsurf and Mercor, use Rillet to make the zero-day close real. Book a demo at https://www.rillet.com/cjEY has been part of Silicon Valley since it was just a valley, helping the most successful names in tech go from startup to exit to megacap. With teams across strategy, tax, audit, and transactions, EY helps you get your financials right early, long before your investors start asking for it. You build the next big thing, and EY will help you build it right. Learn more at https://www.ey.com/techstartupsSpendHound cuts your SaaS and AI spend by up to 30% using real pricing benchmarks across 10,000 vendors, so you always know what fair pricing looks like before your next renewal. Rated #1 on G2 in SaaS spend management, it's free forever for teams up to 1,000 employees. Sign up by June 12th and get $500 just for getting started. Go to https://www.spendhound.com/cjBrex is an intelligent finance platform with AI-powered agents that capture expenses automatically, enforce policy before the spend happens, and close your books in minutes instead of weeks. 35,000+ companies like OpenAI, Coinbase, Anthropic, and DoorDash already run on Brex. It's time to get Brex AF. Learn more at https://www.brex.com/metrics—LINKS: Mostly Talent: https://mostlymetrics.typeform.com/to/cLTxtAsNGuest: https://www.linkedin.com/in/danielbettes/Company: https://soundcloud.com/CJ: https://www.linkedin.com/in/cj-gustafson-13140948/Mostly metrics: https://www.mostlymetrics.com—TIMESTAMPS:0:00 Preview and Intro2:17 First stock: a Vanguard index fund3:13 Most memorable IPO: Groupon4:54 Benefits of going public have changed5:47 SoundCloud and the music industry7:21 Three eras: physical, streaming, creator platform8:49 Streaming unbundled the album10:03 Artists don't need labels anymore11:40 Sponsors — Aleph | RightRev | Rillet15:00 SoundCloud's two-sided business model16:23 Touring replaced the album17:17 First metric every morning: net adds18:31 DAU vs. MAU: it's a funnel19:14 Viral moments and exogenous pops20:10 LTV and the subscription funnel21:38 Sponsors — EY | SpendHound | Brex24:35 Tops-down vs. bottoms-up: reconcile both26:21 Revenue is an output27:45 Handling forecast deviation29:24 How often to reforecast30:23 The final boss: indirect cash flow statement33:09 Cash vs. EBITDA fluency35:04 Plain English and the power of reps36:52 Tailor the message to the audience37:45 Lightning round37:45 Screwed up: miscounted corn at a banquet38:41 Lean into discomfort39:55 Craziest expense: a post-flight massage40:17 Credits

Musk is worth $1 trillion with zero income. We're spending $1.6 trillion on interest. CPI is on pace for 6.2%. This is the peak of the bubble.This episode is sponsored by Greenlight Metals. Research investing in Greenlight Metals copper and gold mine: https://resourcestockdigest.com/report/copper-gold-in-the-american-heartland/This episode is also sponsored by NetSuite. Download NetSuite's free business guide, Demystifying AI, at https://netsuite.com/goldSpaceX debuted as the biggest IPO in history, raising $75 billion at a $1.8 trillion valuation before closing above $2 trillion — making Elon Musk the first person worth $1 trillion. Peter Schiff puts this in perspective: JD Rockefeller, the previous richest American ever adjusted for inflation, earned the equivalent of $2 billion per year in actual income from Standard Oil. Musk has essentially zero income — SpaceX loses money and trades at 100x revenue — making his trillion-dollar net worth entirely a function of bubble valuations driven by decades of monetary excess.Meanwhile, the May federal deficit exploded 32% year-over-year to $293 billion, with interest expense surging 44% to $133 billion in a single month — $1.6 trillion annualized, consuming 30% of all tax revenue. That's the entire federal budget from 1997 spent on interest alone. CPI rose 0.5% in May, putting 2026 on pace for 6.2% annual inflation — the highest since 2022 and potentially headed for 1981 levels. PPI came in at 1.1% for the second straight month, annualizing to 14%. Gold successfully retested its March low at $4,040 before recovering to $4,218, with mining stocks posting a positive divergence despite metal weakness. The Strategy death spiral deepened as Saylor diluted common shareholders to buy Bitcoin, destroying the "Bitcoin yield" narrative he built the company on.Chapters:00:00 Cold Open and Intro01:23 SpaceX IPO Mania03:18 Musk vs Rockefeller Wealth06:31 Bubble Valuations Explained09:59 Markets Week and Metals Drop11:47 Gold Retest and War Narrative17:20 Deficits and Interest Time Bomb26:30 Inflation Data and Fed Boxed In37:43 Other Markets Crypto and Wrap UpFollow @peterschiffX: https://twitter.com/peterschiffInstagram: https://instagram.com/peterschiffTikTok: https://tiktok.com/@peterschiffofficialFacebook: https://facebook.com/peterschiffFree Reports & Market Updates: https://www.europac.comBook Store: https://schiffradio.com/booksSign up for Peter's most valuable insights at https://schiffsovereign.comSchiff Gold News: https://www.schiffgold.com/news#PeterSchiffShow #SpaceXIPO #InflationOur Sponsors:* Check out Chilipad and use my code sleep.me/GOLD for a great deal: https://sleep.me* Check out DBJourney and use my code Schiff15 for a great deal: https://dbjourney.com* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com* Check out Plaud AI and use my code GOLD for a great deal: https://plaud.ai* Check out Quince and use my code quince.com/gold for a great deal: https://www.quince.com* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.comPrivacy & Opt-Out: https://redcircle.com/privacy

In this episode of Run the Numbers, CJ breaks down Bending Spoons' F-1 filing and the acquisition machine behind AOL, Evernote, Vimeo, Eventbrite, and more. He unpacks the company's playbook: buy under-optimized digital businesses, transform operations, raise prices, reinvest earnings, and repeat — while asking the core question: how much was built, and how much was bought?—SPONSORS:RightRev is an automated revenue recognition platform that lets your product team ship new pricing without asking finance for permission, and your sales team close deals without creating downstream chaos. Check out their free tool at calculator.rightrev.com It scores your rev rec process, shows what's exposing you to risk, and tells you exactly where to focus before it bites you in the rear end. Check it out at https://calculator.rightrev.comRillet is an AI-native ERP built for modern finance teams that want to replace NetSuite and close faster. With revenue recognition, close management, multi-entity support, and native Stripe and Salesforce integrations, Rillet helps scaling companies run their finance stack in one place. Hundreds of teams, including Windsurf and Mercor, use Rillet to make the zero-day close real. Book a demo at https://www.rillet.com/cjEY has been part of Silicon Valley since it was just a valley, helping the most successful names in tech go from startup to exit to megacap. With teams across strategy, tax, audit, and transactions, EY helps you get your financials right early, long before your investors start asking for it. You build the next big thing, and EY will help you build it right. Learn more at https://www.ey.com/techstartupsSpendHound cuts your SaaS and AI spend by up to 30% using real pricing benchmarks across 10,000 vendors, so you always know what fair pricing looks like before your next renewal. Rated #1 on G2 in SaaS spend management, it's free forever for teams up to 1,000 employees. Sign up by June 12th and get $500 just for getting started. Go to https://www.spendhound.com/cjBrex is an intelligent finance platform with AI-powered agents that capture expenses automatically, enforce policy before the spend happens, and close your books in minutes instead of weeks. 35,000+ companies like OpenAI, Coinbase, Anthropic, and DoorDash already run on Brex. It's time to get Brex AF. Learn more at https://www.brex.com/metricsAleph is a modern FP&A platform built for teams that want more than another planning tool. By connecting your ERP, CRM, and other systems into one trusted data layer with AI workflows, Aleph helps you move faster with real-time insights. Get a personalized demo at https://www.getaleph.com/run—LINKS: Mostly Talent: https://mostlymetrics.typeform.com/to/cLTxtAsNCJ: https://www.linkedin.com/in/cj-gustafson-13140948/Mostly metrics: https://www.mostlymetrics.com—TIMESTAMPS:0:00 What is Bending Spoons?1:03 The Internet's attic: the portfolio3:11 The metrics rundown5:44 Revenue: $1.3B, 95% growth6:04 82% of growth was bought, not built6:29 Gross margin: 66%6:50 Subscription mix and NRR7:33 Net income: basically zero8:00 Cash: $741M, debt: $4.4B8:35 Revenue per employee: $2.57M9:39 Sponsors — RightRev | Rillet | EY12:42 Organic growth is mostly price hikes13:50 A house of adjustments14:54 Add-backs bigger than the profit15:22 The reorganization line: cost of firing19:21 Sponsors — SpendHound | Brex | Aleph22:51 Does the playbook actually work?23:07 Evernote: the proof point23:45 Romini: the growth proof point24:10 AI in three directions at once25:45 The debt engine27:50 Red flag 1: material accounting weaknesses28:38 Red flag 2: pro forma numbers come with a confession29:00 Red flag 3: App Store dependency29:11 Red flag 4: no long-term contracts29:30 Red flag 5: foreign private issuer29:52 Red flag 6: they've never sold anything30:19 Cap table and board31:07 Valuation: 14–18x33:00 Bull vs. bear case33:55 Miscellaneous: the S1 is already stale35:25 Credits

Yahoo Finance reported that Oracle beat expectations on total revenue in its fiscal fourth quarter while cloud sales missed analyst estimates. Oracle's cloud portfolio includes Oracle Cloud Infrastructure for compute and AI workloads and cloud applications such as Fusion and NetSuite. Supply limits on GPUs, new data center capacity, and multi-cloud security and compliance reviews are slowing deployments and revenue recognition. Oracle is pursuing multi-cloud strategies with integrations that place Oracle Database near Azure and Google Cloud while expanding AI-ready infrastructure. Founders should expect longer validation cycles, cloud-agnostic requirements, and co-selling motions to move enterprise deals. Key metrics to watch include remaining performance obligations, any disclosed growth splits, and capital expenditures tied to new regions and AI capacity.Learn more on this news by visiting us at: https://greyjournal.net/news/ Hosted on Acast. See acast.com/privacy for more information.

This Week In Startups is made possible by:NetSuite - Netsuite.com/TWiSTDeel - Deel.com/TWiSTSquarespace - Squarespace.com/TWiSTTwo days before SpaceX launches the largest IPO in history at a flat $135/share, our VC roundtable drops a scorcher: The top 1% of seed deals might actually be underpriced. Plus: the "Sequoia scam" dual-tranche controversy, tokens-for-equity deals, and whether Claude Fable 5 is a true step function.Tomasz Tunguz (Theory Ventures), Michael Downing (Castalia Capital), and Paige Doherty (Behind Genius Ventures) join Alex to go deep on Seed investing, startup economics, AI spend, and the impact of smarter AI on the founder journey.Guest Links:Tomasz Tunguz: https://x.com/ttunguzTheory Ventures: https://theoryvc.com/Michael Downing: https://www.linkedin.com/in/michaeldowning/Castalia Capital: https://castalia.capital/Paige Doherty: https://x.com/paigefinnnBehind Genius Ventures: https://www.behindgeniusventures.comShow Links:Anthropic's IPO announcement: https://www.anthropic.com/news/confidential-draft-s1-secOpenAI's IPO announcement: https://openai.com/index/openai-submits-confidential-s-1/Bending Spoons F-1 filing: https://www.sec.gov/Archives/edgar/data/2004711/000110465926071170/tm2613674-7_f1.htmSpaceX IPO filing: https://www.sec.gov/Archives/edgar/data/1181412/000162828026040364/spaceexplorationtechnologib.htmBrendan Foody's post on Sequoia: https://x.com/BrendanFoody/status/2063470286515683759Claude Fable 5: https://www.anthropic.com/news/claude-fable-5-mythos-5OpenRouter data on Chinese models: https://openrouter.ai/rankings?view=daySaronic: https://www.saronic.com/MotherDuck: https://motherduck.com/Nox Metals: https://noxmetals.co/Timestamps:0:00 Tomasz Tunguz, Michael Downing & Paige Doherty join2:07 The SpaceX IPO and the IPO window4:22 Plaud: If your work depends on conversations — interviews, meetings, calls — you need a Plaud NotePin. You can check it out at https://Plaud.ai/twist and use code TWIST for 10% off!6:30 The new bar: 10x growth (not 3x) to raise a great Series A8:46 Net-new AI budgets9:46 Squarespace: Turn your idea into a beautiful website! Go to https://www.squarespace.com/twist for a free trial. When you're ready to launch, use offer code TWIST to save 10% off your first purchase of a website or domain.11:09 How some founders are outgrowing venture capital11:44 The power pendulum swings back to founders12:46 SpaceX vs. OpenAI vs. Anthropic: Which IPO is most enticing?19:53 Deel - Founders scale faster on Deel. Set up payroll for any country in minutes, hire anyone anywhere, get visas handled fast, and get back to building. Visit https://deel.com/twist to learn more.26:07 Tokens-for-equity, GPU-hours-for-equity & the financialization of compute28:35 Founders airing VC dirty laundry (napping VCs included)29:56 Netsuite - The business landscape is very chaotic right now. That's why you need NetSuite, by Oracle. Get the free business guide Demystifying AI at https://Netsuite.com/TWiST36:38 Claude Fable 5 first impressions: pricing, benchmarks & orchestration45:42 Where value accrues: application layer vs. models vs. private data1:00:06 Nationalization of AI labs: Bernie Sanders, Sam Altman & Trump agree?!1:01:25 Portfolio spotlights: Saronic, MotherDuck, and Nox MetalsSubscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.comCheck out the TWIST500: https://www.twist500.comSubscribe to This Week in Startups on Apple: https://rb.gy/v19fcpFollow Lon:X: https://x.com/lonsFollow Alex:X: https://x.com/alexLinkedIn: ⁠https://www.linkedin.com/in/alexwilhelmFollow Jason:X: https://twitter.com/JasonLinkedIn: https://www.linkedin.com/in/jasoncalacanisGreat TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarlandCheck out Jason's suite of newsletters: https://substack.com/@calacanis

Geri Lynn is a 40-year Nissan dealer-owner in Houma, Louisiana, known for human-centered leadership, visible presence on the lot, and turning a once-skeptical car-buying experience into a culture of trust and fun. Top 3 Value Bombs 1. The customer is not always right; protecting and valuing your employees creates better long-term customer experiences. 2. Business success comes from consistent culture, trust, and human connection not just transactions. 3. Visibility and accessibility as a leader build trust faster than any marketing strategy ever could. Check out Geri's website - GerilynnNissan Website Sponsors HighLevel - The ultimate all-in-one platform for entrepreneurs, marketers, coaches, and agencies. Learn more at HighLevelFire.com. NetSuite - If your revenues are at least in the seven figures, get our free business guide, Demystifying AI, at NetSuite.com/fire. Revenued - Built for small business owners who need fast, flexible access to working capital, without relying on your personal credit score. Apply now at Revenued.com/fire.

Description The Future of Tech is Here. Subscribe to our Newsletter:https://theultimatepartner.com/ebook-subscribe/ Check Out UPX:https://theultimatepartner.com/experience/ In this presentation from Ultimate Partner Live, industry analyst Jay McBain breaks down the monumental macroeconomic shifts rewriting the tech sector in 2026. https://youtu.be/r0qTDyw97Gs As the industry rapidly approaches a $6.07 trillion valuation, driven by massive AI infrastructure investments from Sam Altman and the “Magnificent Seven,” traditional sales and channel models are fundamentally collapsing. McBain reveals how buyer demographics have transformed to an integration-first millennial base, why marketplace ecosystems now command over half of all partner-funded deals, and how a tiny elite of just 1,000 tech service providers control two-thirds of global tech revenue. Learn the exact mechanics behind how Microsoft out-partnered AWS to win 26 straight quarters of dominant growth and how your business can deploy an algorithmic early warning system to capture massive wallet share before competitors even step into the boardroom. Key Takeaways Over half of the Fortune 500 companies vanish every 20 years because their leadership fails to anticipate macroeconomic technological cycles. The true opportunity in the $6.5 trillion AI boom lies not in single vendor products, but in the hardware, software, services, and telecom ecosystem surrounding them. Indirect tech sales are undergoing a structural shift toward direct cloud hyperscaler models driven heavily by Nvidia's core infrastructure client base. Modern business deals are won or lost months before the point of sale based on the average of 6.3 partners surrounding a customer’s environment. Over 51% of tech buyers are now millennials who prioritize software integration capabilities and digital marketplaces over traditional human sales interactions. Tech service economics are pivoting aggressively away from upfront margins toward point-based multi-partner funding across subscription cycles. If you're ready to lead through change, elevate your business, and achieve extraordinary outcomes through the power of partnership—this is your community. At Ultimate Partner® we want leaders like you to join us in the Ultimate Partner Experience – where transformation begins. Key Tags Nvidia AI buildout, $7 trillion AI opportunity, cloud ecosystem decade, Microsoft vs AWS growth, multi-partner cloud deals, digital marketplace migration, millennial B2B buyers, B2B tech subscription economics, tokenized micro consumption, tech services wallet share, hybrid cloud infrastructure, 28 customer moments, IT services industry growth, telecom spend breakdown, channel chief strategy, managed service providers MSP, global systems integrators GSI, software integration first, point-based vendor incentives, automated co-selling workflows Transcript JAY McBAIN AUDIO PODCAST [00:00:00] Jay McBain: So to go back to that story about the 53% of companies who are gonna fail, one of us is gonna be asked to write the book, but chapter one is always you Blame the CEO. [00:00:13] Vince Menzione: We just came back from Ultimate Partner live in Bellevue, Washington, where we hosted incredible leaders for two amazing days. Come join us for this next session where we explore the tectonic shifts we’ve all been seeing. With that, I am incredibly blessed to invite a friend of mine to the stage. I have a quick little side note, like I found an old LinkedIn post from this gentleman from like many years ago, like 20 years ago. [00:00:39] Vince Menzione: And I wasn’t really that nice to you on that LinkedIn post. Like, oh, like this is before Jay became the Jay, that we all know Jay to be j. But he was in the space and I was at Microsoft doing something and he reached out about something. It was kind of rude, Jay. I was like, oh my gosh. I can’t believe. But Jay has been a great friend. [00:00:54] Vince Menzione: When we started the podcast back up, uh, during COVID we started doing podcasts together. When we moved to the studio, Jay was the first person in the studio. He’s always got a spot, uh, at our events. He’s s Spot Art, and, and he’s a great friend and supporter of Ultimate Partner Jay McBain. For those of you who don’t know him, Jay, welcome. [00:01:13] Vince Menzione: Thank you, sir. [00:01:22] Jay McBain: 31 days ago, we landed Artemis two. The furthest humans have ever been away from the planet Earth 57 years ago. We landed on the moon in the 56 years. Between those two moments, the tech industry has been the fastest growing industry in the world. Every single year we moved from the space race to the technology race, and we’re just getting started. [00:01:46] Jay McBain: If you’re old enough, you’ll recognize the mainframe and mini era for 20 years. You’ll recognize a young disheveled Bill Gates showing up in Boca Raton, Florida for, uh, August the 12th, 1981 launch, where Bill thought that every one of us would’ve a PC in our home, and IBM thought they were gonna sell 10,000 of them to hobbyists. [00:02:12] Jay McBain: 1999, a small startup from an executive who just left Oracle in San Francisco named Mark Benioff. A couple of years later, Jeff Bezos went into a boardroom and said, listen, we’ve spent a lot of money building infrastructure to our busiest day, Christmas, black Friday. You’re telling me this stuff sits idle 10 or 20% for the rest of the year. [00:02:35] Jay McBain: Why don’t we rent that out to others? Got laughed outta that boardroom and then got made of fun of on magazine covers. Maybe you should just tend the store, let the adults talk about technology. In March of 2023, our neighbors, our friends, our family saw DeepFakes. They saw poetry, they saw music, and they came to us as tech people and said, did we just light up Skynet? [00:03:03] Jay McBain: Now every one of these 20 year eras, this is the Taylor Swift version of our industry. Every single one of these eras triggers the fastest growing product in history. Today it’s actually Chacha bt first to a billion users. It triggers a new, richest person in the world, bill Gates, to Jeff Bezos. Now, Elon Musk is the first to sign a trillion dollar pay package, and it’s not for car. [00:03:27] Jay McBain: It’s not for cars. It also triggers a most valuable company in the world change. And today that’s nvidia. These are monumental changes in our industry and they’re monumental changes in partnering every single time. And it also links to our customers. If you take a 20 year view of business, one era, and, and think about the AI era, you know, at the start of it here, if you’re to grab the Fortune 500 magazine from 20 years ago and start to flip through it, 53% of the companies in there no longer exist. [00:04:06] Jay McBain: Every 20 year cycle, we lose over half of the biggest companies in the world. These are the companies that have very deep pockets to buy their way outta problems. If you’re not in the Fortune 571% of tech companies don’t make it 10 years. These are the changes that cost industries. There are changes that cost really big companies and the decisions we make, the trends we’re in right now, in 2026 will be written about in the future. [00:04:39] Jay McBain: This new era, a lot of big numbers being thrown around. Vince’s best friend talk about a six and a half trillion dollar AI opportunity, but it’s not Microsoft’s tam. Microsoft is chasing about a trillion dollars of this. And the ecosystem, the hardware, the software, the services, the telecom is gonna make up the rest. [00:05:04] Jay McBain: It is an ecosystem. Every time these big numbers are thrown, the word ecosystem is always thrown around it. Not to be outdone, Sam Altman’s talking about a $7 trillion build out. The world economy this year, the world GDP will be 126. These are material numbers to world GDP, but even better, they’re both larger than our entire industry is today. [00:05:27] Jay McBain: So what took 56 years of the fastest growing industry this year will be $6.07 trillion. Big numbers, but it’s easier to think about it in terms of a dollar that our customers spend in that dollar. They’re gonna spend 25 cents on hardware. They’re gonna spend 25 cents on software. So for anyone that read the memo 15 years ago, that software’s gonna eat the world, there’s still a dollar a hardware to run every dollar of that software. [00:05:57] Jay McBain: And whether you’re thinking humanoid robots or whichever future you’re envisioning, there’s going to be a dollar of hardware to run every dollar of software for the next 20 years. There’s over 25 cents now in IT services, and in many cases, these services are growing faster than the product categories and just under 25 cents in telecom, that’s how it breaks out today. [00:06:19] Jay McBain: And this industry, which took 56 years to get to this point, is gonna double in size in the next three to five years. We already have two and a half trillion of that seven raised and being spent. Part of the reason Nvidia is the most valuable company in the world. Now our industry, uh, you talk about ultimate partnerships. [00:06:40] Jay McBain: Our industry traditionally, and world trade by the way, is 75% indirect. The dealerships, the agencies, the brokers, the resellers, the retailers, the franchisees, the gas stations, the grocery stores, the pharmacies, all 27 industries sell indirect. You gotta think back the last time you bought something direct. [00:07:01] Jay McBain: Well, I bought a Dell from that dude in the nineties. Cool. Well, Dell Technologies is now 60% indirect. Well, I bought insurance. Direct is 15 minutes. Could save me 15%. Well, Geico last year sold more insurance through agencies and brokers than they did direct. This is the world now. We used to be 75% indirect four years ago. [00:07:26] Jay McBain: Then it went to 73.2, then it went to 70.1 and it then it went to 66.7. By the way, marketplace is in these numbers indirect. It’s not marketplace causing this change. It’s one company, Nvidia. Nvidia has seven customers. The magnificent seven, uh, half of them are in the room right now that every morning we wake up to a hundred billion dollars press release about this $7 trillion buildout. [00:07:56] Jay McBain: What’s interesting is indirect sales in our industry is growing by revenue. It increases every year, just not at the pace that this AI build out is happening direct with seven companies. But the reason we’re all here, and I think the core reason that Vince is building this community is this, you know, Microsoft forever has measured and been very vocal. [00:08:21] Jay McBain: About 96% of their deals have partners in them. Kind of who cares, who collects the money. We care about the moments, the 28 moments before the customer makes a purchase. We care about every 30 days forever, because two thirds of our industry, over $4 trillion now is subscription consumption based. Winning a customer today is only winning the first 30 days. [00:08:46] Jay McBain: We care about this cycle. We care about who surrounds our customer. So six years ago, I stood on a big stage and said, you know, we went through a decade of sales. You know, in 1999, you thought you were born to be a salesperson. You’re managing your territory with your gut. Well, a few years later, you were introduced to the science of selling. [00:09:07] Jay McBain: You know, 10 years later you thought as a marketer, you sit around a cocktail party joking with your friends, 50% of my marketing dollars are wasted. I just don’t know which 50%. Really funny. In 2009 until every 58-year-old CMO got replaced by a 38-year-old growth hacker. Coming in with Marketo and Eloqua and Pardot and HubSpot, and 15,505 as of yesterday, MarTech and iTech tools, ninjas in marketing, they wouldn’t let a nickel go through without measuring. [00:09:43] Jay McBain: Now we understand 96% of deals and partners that surround it. No deal is gonna be won or lost in this era without partnering effectively. So we had to have this decade of the ecosystem. One of the ways we’re tracking is by outsiders. You know, Salesforce every year publishes the state of sales and they’ve got, you know, the number one CRM in the world. [00:10:05] Jay McBain: So they get to go talk to all the CROs, all the salespeople in the world. And as of this year, a couple months ago, 94% of every salesperson in every industry in the world uses partners every single day. You wanna see what this number was six years ago. Also, 89% of salespeople around the world don’t think they’re going to club this year without partners. [00:10:29] Jay McBain: So this is a big moment for us, halfway through the decade ecosystem, but we’re only halfway through. We’re starting to understand now at a more granular level. What partnering means. It’s not theory, it’s not flywheels. It’s not really cute. McKinsey slides that we keep showing to our board saying how important partnering is. [00:10:51] Jay McBain: We’re trying to get to the very specific level of the 6.3 partners on average that surround the deal and what they’re doing. How their business model works, and that’s average if I’m working on a public sector deal. I was at a Red Hat conference yesterday talking sovereignty. If I’m in an enterprise or a large public sector deal, it’s north of 10 partners in the deal. [00:11:15] Jay McBain: So we’re starting to understand what used to be this, this, you know, you’ve been the fastest growing industry for 56 straight years. Every single professional services person in every industry has come in to join the fund. Over 90% of accountants are tech services firms. Over 90% of marketing agencies are tech services agencies. [00:11:36] Jay McBain: All of this 250,000 software companies, a million emerging comp tech companies, the half a million VAR that have been in that traditional channel. The managed service providers, all of these 20 different partner types, millions of companies, tens of millions of people competing for 6.3 spots. Around the customer. [00:11:58] Jay McBain: That’s it. Luckily, there’s 141 million global customers to compete for. There’s, there’s some open slots that you can go find, and that’s the point. Our industry never had our own Fortune 500. We always talk to, you know, these partners and GSIs are doing this and SI are doing that. And we never really had a view of capability and capacity or what our own TAM was inside of that partnering. [00:12:25] Jay McBain: And so we set out and we would’ve loved, you know, chat GPT or Gemini or Claude or any of those tools to do this. But there’s one problem in partnering with AI is that it doesn’t know one partner from the next. There’s a big digital sameness problem in our industry that every single partner, whether it’s Larry in the White van or Accenture, with 786,000 employees all say they do all things to all people all the time. [00:12:53] Jay McBain: 98% of them, 99% of them are private companies that don’t share their p and l. You can’t go into Microsoft’s LinkedIn system and find out how many employees, ’cause it’s a block system, it AI can’t see into it. So it just sees, and it’s a great pattern matching. Google, SEO can’t figure out who’s who, nor today can the large language models. [00:13:14] Jay McBain: ’cause all the things they’re trying to match, the transformers are trying to match. It all looks the same. Every tweet, every ebook, every website, every digital history looks the same. So this took us thousands of people hours across two years to do, to dig into every p and l to dig into every dollar of what they’re doing. [00:13:33] Jay McBain: But what was interesting is only a thousand partners in our industry do two thirds of all tech services. When you get into enterprise, it goes up to 80 to 90%. The partners in the middle, in Blue do more tech services. The 30 of them than the 970 partners in white on the outside, the 970 partners in White do more tech services than the next million combined. [00:14:03] Jay McBain: This is our industry in a nutshell. Every time we talk to a a vendor, every time we talk to a partner, every time we talk to a distributor, we’re now talking names, faces, and places. You you wanna talk sovereignty. Yesterday in Atlanta, 90% of sovereign conversations in public sector in the globe is handled by these companies here. [00:14:26] Jay McBain: Forget about how much you do with these partners today. You wanna chase the next column, which is the wallet share. And I was a channel chief for 17 years. I get the weekly report and I see a million dollar partner, another million dollar partner, sorted top to bottom. You don’t know which partners which, which of those million dollar partners is doing 1.2 million in your category. [00:14:46] Jay McBain: They deserve a baseball cap and a front row seat at your event as an MVP. The next partner right next to them is doing 10 million in your category. They’re only doing a million with you. ’cause customers are pulling them into it. Nine times outta 10. They’re leading with your competitor. So I don’t want that list anymore. [00:15:03] Jay McBain: I want the new list, which is showing me those $9 million opportunities. And I as a board member, as A CEO, as a CFO, as a CRO, I wanna see this list. And then I want to talk people, processes, programs, technology. What are we gonna do to go get our fair share of that 9 million? Where’s our lowest hanging fruit? [00:15:24] Jay McBain: How do we double our pipeline? How do we double the size of our company in three years? It’s all right here. Let’s have very specific conversations and move away from flywheels and move around from force multipliers and and things like that in partnering. Let’s figure out how this partner community is surrounded. [00:15:45] Jay McBain: What do 10 million people who have to be smart in front of their customers every single day, what do they read? Where do they go and who do they follow? It’s the law of a few. This is the old Malcolm Gladwell of tipping point 10 million people in the broader channel. A hundred percent of our TAM comes down to only a thousand watering holes. [00:16:08] Jay McBain: 12% of that entire audience. Doesn’t sound like a lot, but it’s over A million. People love podcasts. Number one way they learn the Joe Rogan effect. In our industry, there’s 121 podcasts. These are all public lists. You can go get on my LinkedIn newsletter on canals, oia. But there’s 121 podcasts that drive him forward. [00:16:28] Jay McBain: Really high up on that list, actually number one on the list is ultimate partner, Vince. That’s how I met. ’cause I asked people, 10 million people, you love this. You walk your dog, you drive to work, you listen to podcasts. I’m not the biggest podcast fan. It’s not number one on my list, but it’s number one on theirs. [00:16:44] Jay McBain: They say, you know, you gotta meet this guy, Vince. It’s unbelievable how great these podcasts are. They’re ultimate. [00:16:54] Jay McBain: Then I talked to Vince and said, but Vince, you know, 35% of your community, the 10 million people love to come to events like this one. The hallway conversations, the hotel lobby bar last night. This is what we love to do, especially post pandemic. It’s the number one way we learn. We learn from our peers, we learn from those around us, and, and the learn from the conversations we have here. [00:17:17] Jay McBain: We always remember these moments, you know, years and years later. There’s 352 choices. I’m going to five of them this week in five different cities. It’s a lot of coverage, but again, it’s a tighter li list of how people work. The magazine lists 106 of them associations like Conter. Now the GTIA peer groups, there’s 15 different spheres of influence, but only a thousand places. [00:17:43] Jay McBain: I could walk you through billionaire, after billionaire, after billionaire in this industry and show you how they did this. How did Arne Bellini at ConnectWise? How did Austin McCord at Datto, how did Nerdio become a unicorn? How did threat locker and huntress move away from 6,500 cyber companies and become unicorns over and over and over again? [00:18:05] Jay McBain: It’s only one slide. Unicorns and billionaires are made here, and a lot of people don’t get it. So walking away from Bellevue, a thousand partners, top down, a thousand watering holes, bottoms up. You’ve covered a hundred percent of your tam. You do it better than 10% of your competitor, 10% better than your competitors. [00:18:27] Jay McBain: You win. You carry that on your resume into the next company. You get a bigger job at a bigger pay scale. Let’s just walk through some examples. Cyber 91.7% of it goes through the channel. Huge channel audience. You know, if you’re in MarTech, it’s only 10%, but this one happens to be all channel, but that’s not the story. [00:18:48] Jay McBain: For every dollar that the 6,500 cyber companies are trying to close, there’s $2 in services. Plot twist, the products are grown at 11, the services are grown at 12.6. Your partners are growing faster than you are, and they will continue to for the next, at least five years, probably 10. So when I’m here, five years from now, you’ll hear in me talk about a three to one split in cyber and then a four to one split in cyber. [00:19:18] Jay McBain: Now, when we’re in Miami a couple days ago is CrowdStrike, they’re talking about a $7 and 5 cent multiplier, chasing that two to one up higher. You look at managed services. Here’s a fun story. Managed services. 82% of customers who are man, uh, outsourcing more this year than last year. 650 billion in size. [00:19:38] Jay McBain: This is bigger than the entire SaaS industry. Salesforce, ServiceNow, Workday, Marketo, NetSuite, HubSpot, 250,000. Others. This is bigger. It’s also bigger than all the Hyperscalers combined, not just AWS, Microsoft and Google, but Alibaba and Oracle and everybody down the list. This is a massive market also growing at double digits. [00:19:59] Jay McBain: So these are some big things and obviously we’re watching, you know, week in and week out, quarter in, quarter out, the Battle of Software and Battle of the Hyperscalers and things like that, and who’s growing at what pace and, and how partnering is connecting to all of this. You know, we watched a moment really early in the pandemic where Microsoft started growing faster than AWS and they haven’t stopped since 26 straight quarters. [00:20:27] Jay McBain: And you ask customers and say, you know, does Microsoft have a better product? And in most cases they say no. You know, AWS had a five year head start. Well, did they have a better price? Well, no, actually most cases Microsoft’s more expensive. Well, did did they have better promotion? Was their Super Bowl ad better? [00:20:44] Jay McBain: No, they’re both kind of crap. So you kind of ask the questions of what’s the only difference that could create growth above the leader in the market? Well, it’s place. More of the 6.3 partners are walking into those keyboard room meetings and drawing clouds up on the wall and labeling the Microsoft than they are AWS. [00:21:03] Jay McBain: Very simple. It’s never been about product. The best product in our industry has never won. And now the best way forward is that partnering moment, and this is the moment. So to go back to that story about the 53% of companies who are gonna fail, one of us is gonna be asked to write the book. And it could be the book like Kodak, they invented the product that ended up killing them. [00:21:26] Jay McBain: And it’s a woe is me story, but chapter one is always you blame the CEO. How could they not see those trends happening in 2026? How could they, you know, were they blind? Were they stuck in their own, you know, innovation chamber? Innovator’s dilemma, were they stuck in their own boardrooms? Why couldn’t they see? [00:21:46] Jay McBain: Well, chapter two, you, you blame the board. They have fiduciary responsibility, outsider view, and how could they not see it? But really, this is the future right here. If you take this slide and apply it 10 or 20 years from now to every failure and every success, these are the chapters of the book. Your buyer is now a millennial. [00:22:05] Jay McBain: As of last year, the 51% of our market is bought by people born after 1982. Different psychology, different behavior, different journey, different criteria, their integration. First buyers. The buy a product, 80% as good as the next one. If it works better in their environment. 94% of people won’t buy a car unless it has CarPlay or Android Auto. [00:22:26] Jay McBain: New Buyer. You have to be more integrated than your competitors. That’s a partnering story. The 6.3 partners. If you heard cyber, you need some great channel partnerships, but you need the other 5.3 partners as well, the consultants, the advisors, the designers, the architects, the implementers, the integrators, the manner service, all of the other partners. [00:22:44] Jay McBain: You need to know more of them than your competitors do, and have them label clouds with your name in them. You need better alliances. Even if you compete, you only compete in the morning. You’re best friends by the afternoon. You have to be tight with the hyperscalers, tight, with the big SaaS platforms, tight with cyber, tight with distribution, there are layers, seven layers to every deal. [00:23:04] Jay McBain: You gotta be tight in and have better alliances than your competitors. And then it all comes to the 28 moments, which I’m gonna end on, but the go to market of all of this, the co-selling, co-marketing, co-innovation, co-development, co keeping. This is it. Your product has to be good enough that somebody’s gonna renew it. [00:23:21] Jay McBain: Your Super Bowl has to be, you know, ad has to be good enough that people don’t, you know, shame you on social media. Your pricing has to be somewhere in a country mile of the bell curve of what the customer wants to pay. But successor failure is just here and platforms are synonymous with partnering. [00:23:40] Jay McBain: It’s our role now in the decade of the ecosystem to drive our companies forward. Marketplace. It’s probably the most predict, you know, great prediction we ever made. You know, growing at 82% compounded, it’s hard to predict ’cause it doubles almost every year. We were almost exact to the decimal point. Five years later now till 2030, we’re watching a second story, which is more interesting. [00:24:02] Jay McBain: If 96% of all deals have partners inside of them and there’s private offers and multi-partner offers and distributor sellers record all these funding mechanisms or services as a product. As of last week, over 50% of all deals in marketplaces now have partner funding. It means that while money changes hands differently, the respect and the recognition of what partners do is in the deal. [00:24:26] Jay McBain: We think that’s going to 59, but at some point, that’s gonna have to hit 96. ’cause to run the best programs, whether it’s an indirect sale, whether it’s a direct sale, whether it’s a marketplace deal, it doesn’t matter how money changes hands. What matters is we recognize the 6.3 partners. They’re not only making the deal happen bigger and faster, but renewing and enriching that every 30 days forever. [00:24:48] Jay McBain: When we watch, you know, billion dollar clubs and when we read all the press releases and all the hubbub about how fast this is growing and who, which companies are behind all this. When I’m quoted in some of these press releases, it’s because of this. You know, CrowdStrike, you know, brags are a billion dollars in a single year, but inside of that, they’re showing that 91% growth in marketplaces, which is pretty phenomenal for any company to almost double in size every single year. [00:25:17] Jay McBain: What’s more phenomenal is they’re growing the channel piece of it, 3548%. That green part of it is growing. Companies that understand platform and have people and processes and programs and technology to do it are winning. And they’re getting recognition and partners are starting to join the Billion Dollar Club who don’t sell a product, but are also winning at Extreme Scale. [00:25:44] Jay McBain: So talk about those partner 1000 and who are leaning in to win at this level. As well as everything changes, traditional billing moved into subscription models, moved into consumption models. Now we’re being tokenized to death multi it’s, it’s in this mode of micro consumption. There’s no chance there was little chance in subscription consumption that would be resold. [00:26:09] Jay McBain: You don’t buy Netflix from the cable guy in the white van. There’s zero chance when you’re buying tokens at a buck a piece that that’s going through any indirect sale. This continues to grow. Now the tectonic shifts is what happens when money changes hands differently. These old programs that we used to all write hundreds of different boxes, we checked every day on deal reg and trainings and all the other things are changing. [00:26:35] Jay McBain: To this, you’ll get these slides, by the way, in high res, inside of this now is the customer. For the first time ever, 45 years later, we have the customer in the middle of what we do, the 28 moments in green before they buy the seven layer stack and the partners inside it. The implementation. The integration, the managed services in a cycle that never ends, and two thirds of our industry. [00:26:55] Jay McBain: With the customer in the middle, we can now move money around to the different moments. It’s not all landing in front or backend margins or market development funds or new customer bonuses or spiffs. It’s landing where it needs to land. Over 400 companies now, pretty much led by Microsoft 400 companies are in a point system right now and 400 more. [00:27:18] Jay McBain: We’re working kind of behind the scenes to get that announced in the next 12 months. This is a total changeover in terms of how economics work and partners are yelling over half of us. I don’t care. Don’t call me a VAR anymore. Don’t call me an MSP. Don’t call me a regional system integrator. I do the consulting over half the time. [00:27:36] Jay McBain: I do the design, I do the implementations, I do the managed services, and 44% of us are vibe coding. On weekends. We’re not happy. Just on the services side. We wanna join the seven layer tech stack as well. These are partners growing faster than their vendors by understanding this cycle and where to show up and where the money is in ai. [00:27:56] Jay McBain: And the number one thing they’re asking for is not more leads, which they did for 45 years. The number one thing is now recognized for what I do. I’ve never just been a cash register. We’re completely now past this idea of a channel being a channel of distribution, and now a channel being this platform for the future. [00:28:16] Jay McBain: As we lay that on top of ai, the first couple of years of AI has really been consumer driven. The 95% failure rate that MIT reported last year is now 70%. That’s the failure to get from proof of concept to production. That 70 will be 50 by the summer we’re moving now in business, the maturity rates are going up at the end customer and in 88% of cases, that’s because of the channel. [00:28:43] Jay McBain: They’re working with partners. They’re not vibe coding themselves and working in little skunkwork groups. They’re working with partners to make it happen, and it now becomes the partner’s number one growth opportunity. I can grow at 11 or 12% in cyber every year. Compounded I can grow in 10% in managed services. [00:29:03] Jay McBain: You know, those are great double digit growth ’cause my customers are growing at 2.7% and I can go four x my customer, but I can go 10 x my customer if I have the right services built around ai. And this compounded growth rate and that big number in 2 20 32, 267 is what’s got those top 1000 partners obsessed. [00:29:25] Jay McBain: And your companies are leading with ai. Now you need to connect to those AI services. You need to get partners on this scale of growth. And they will be adding your name inside every cloud. They write on every whiteboard, but 82% of partners around the world, you know, we survey 25,000 of them aren’t ready, and they’re blaming vendors for not being ready, and they’re telling them exactly the workshops and the training that they need to get ready for this cycle. [00:29:53] Jay McBain: 82% of our entire partner, tens of millions of people, aren’t ready to grow at 35% and they need our help. Last thing I’ll say about AI is it’s the first time from client server to cloud, edge to cloud that it’s been segment driven. SMB alone has one, you know, six different segments, one to nine, 10 to 24, 25 to 49, et cetera. [00:30:18] Jay McBain: Mid-market into enterprise. No one that runs a restaurant is calling Jensen to buy a GPU to put next to the stove. No one’s calling Sam or Dario or anyone at Anthropic or OpenAI directly. They’re waiting. If you run a restaurant with all the people running around with tablets, you’ve invested in toast or square or clover or one of the platforms to run your business. [00:30:41] Jay McBain: A hundred different things. And you’re gonna wait for toast to work with a hyperscaler and build out the capabilities genetically. So when they see a spike in Uber Eats orders, they automatically place a food order and automatically change the staffing to deliver on it. That’s what the restaurant’s waiting for, and there’s no one calling and having a big a agent conversation. [00:31:03] Jay McBain: But even if you go into hundreds of people in medium sized business, every one of the vice presidents have their tech stack already built. I talked about the marketing person already, but the HR leader has one, and everybody’s got their seven layer stack. They’re not calling to buy a GPU and they’re not calling to, you know, bring in open AI directly or, or anthropic. [00:31:22] Jay McBain: They’re waiting for the platform they built to integrate together ag agenta capabilities. Everybody’s in wait mode up until enterprise and public, large public sector. So we are looking at this market and at 90% of that AI market is run by those thousand companies, and the rest of the millions of partners are helping in terms of how these businesses are gonna change at that level. [00:31:46] Jay McBain: Here’s where I end. You know, the 28 moments used to be a theory. It used to be a flywheel. How do we buy a car? [00:31:55] Vince Menzione: Well, we Google it, [00:31:57] Jay McBain: 81% of us now, 94% of us use large language models. We find out that there’s 365 brands of car. I’d have to test drive one every day of the year to get through them all. So we start narrowing these things down. [00:32:09] Jay McBain: We configure it. We put our rims on it, we color it. We download the invoice price. We download the backend rebates this month, whether I buy it in May or June, we find out what 5,000 people paid for our exact car within 50 miles of us. And then we don’t wanna go to the dealer because we know more than the salesperson, the manager ever will. [00:32:26] Jay McBain: We know what we’re gonna pay within, you know, dollars or cents. Just carvana the car. Hand me the keys. Let’s just forget the whole eight hour back and forth. I’ll get you a deal thing. I’m smarter than you in technology. Our customers are smarter than us, smarter than salespeople. That’s why 75% of millennials don’t wanna talk to a salesperson. [00:32:48] Jay McBain: They want to end digitally, and by the way, they’re not gonna send a fax after 28 digital moments. They’re gonna end on a digital marketplace. This is all demographics. It’s not hard to see where it’s going, but we’re getting into names, faces, places again. What if every dollar of your tam, the board, the CEO, runs around with their big multi-billion dollar number, they’re chasing? [00:33:09] Jay McBain: What if every single deal looks the exact same? This is a deal with AstraZeneca, A real deal, real customer spending millions of dollars. We know it starts in October, it ends in April. It’s a six month cycle. We see what they read, the MQ ls at the beginning. We see the sales demo moments. We see ISV, but we’ve never had the light blue boxes. [00:33:30] Jay McBain: What if we as a team could overlay the 6.3 partners in this deal? And when you find out a couple things. Here’s where I end. In December, five deals were one, three of them by NTT. The person at NTT probably coaches AstraZeneca’s, you know, kids’ soccer team. They probably have a cottage together at the lake. [00:33:50] Jay McBain: For the last 20 years, if the person at NTT worked at Deloitte, Deloitte would’ve run this deal. But Software One and Yash are both there, so we understand that when they were drawing clouds up on the wall in the boardroom in December, this deal was won and lost there. It was not won and lost at the point of sale. [00:34:09] Jay McBain: So what if you knew more about this and could see every dollar in your tam? You had an early warning system that this was happening. Two things jump out at this now that we’re in Bellevue. AWS was touched twice in this deal, directly in the marketing cycle and the sales cycle. AWS lost this deal. Here’s an example of Microsoft winning a deal with Microsoft never being touched. [00:34:34] Jay McBain: For some reason, NTT who won, who won AWS’s partner of the year a couple years ago led with Microsoft, so did Software one, Microsoft’s biggest reseller in Europe, and as did Yash, they all led with Microsoft and without Microsoft, knowing Microsoft took a multimillion dollar deal away from their competitors by winning in December. [00:34:53] Jay McBain: That’s one. Second. These partners didn’t just show up other than soccer and cottages. They didn’t show up in December. It went closed one in their CRM system. Back in the summer, August, September, we already knew AstraZeneca was in market, spending millions of dollars. We didn’t need them to read an ebook or go to an event to find that out. [00:35:17] Jay McBain: We knew it because it was closed one. They’re spending hundreds of thousands of dollars times five in December to know what to do at the end. This is an early warning system that’s better than any MQL, better than any SQL. And if you could give your company these level of view into their pipeline with an early warning system that I can work with those partners for months before they ever show up at the customer’s boardroom. [00:35:44] Jay McBain: This is it. Talk about 47% winners. This takes you from not only surviving the AI era to being a top five platform winner. Thank you very much. [00:36:01] Vince Menzione: Until next time, we’ll see you in person. Hopefully at our next event.

CJ Gustafson sits down with Marten Abrahamsen, CFO of Vercel, at the NYSE to talk about running finance inside a hypergrowth AI company. They cover AI use cases in finance, rev rec, forecasting, KPI dashboards, PLG, consumption pricing, and Marten's “speeding tickets vs. parking tickets” framework for moving fast without losing control.—SPONSORS:Brex is an intelligent finance platform with AI-powered agents that capture expenses automatically, enforce policy before the spend happens, and close your books in minutes instead of weeks. 35,000+ companies like OpenAI, Coinbase, Anthropic, and DoorDash already run on Brex. It's time to get Brex AF. Learn more at https://www.brex.com/metricsAleph is a modern FP&A platform built for teams that want more than another planning tool. By connecting your ERP, CRM, and other systems into one trusted data layer with AI workflows, Aleph helps you move faster with real-time insights. Get a personalized demo at https://www.getaleph.com/runRightRev is an automated revenue recognition platform that lets your product team ship new pricing without asking finance for permission, and your sales team close deals without creating downstream chaos. Check out their free tool at calculator.rightrev.com It scores your rev rec process, shows what's exposing you to risk, and tells you exactly where to focus before it bites you in the rear end. Check it out at https://calculator.rightrev.comRillet is an AI-native ERP built for modern finance teams that want to replace NetSuite and close faster. With revenue recognition, close management, multi-entity support, and native Stripe and Salesforce integrations, Rillet helps scaling companies run their finance stack in one place. Hundreds of teams, including Windsurf and Mercor, use Rillet to make the zero-day close real. Book a demo at https://www.rillet.com/cjEY has been part of Silicon Valley since it was just a valley, helping the most successful names in tech go from startup to exit to megacap. With teams across strategy, tax, audit, and transactions, EY helps you get your financials right early, long before your investors start asking for it. You build the next big thing, and EY will help you build it right. Learn more at https://www.ey.com/techstartupsSpendHound cuts your SaaS and AI spend by up to 30% using real pricing benchmarks across 10,000 vendors, so you always know what fair pricing looks like before your next renewal. Rated #1 on G2 in SaaS spend management, it's free forever for teams up to 1,000 employees. Sign up by June 12th and get $500 just for getting started. Go to https://www.spendhound.com/cj—LINKS: Mostly Talent: https://mostlymetrics.typeform.com/to/cLTxtAsNGuest: https://www.linkedin.com/in/martenabrahamsen/Company: http://vercel.com/CJ: https://www.linkedin.com/in/cj-gustafson-13140948/Mostly metrics: https://www.mostlymetrics.com—TIMESTAMPS:0:00 Speeding tickets vs. parking tickets3:21 Visa IPO in the financial crisis5:09 Going public has changed6:45 Private market: 22–24 trillion9:03 More or fewer public companies?9:48 Sponsors — Brex | Aleph | RightRev13:04 KPI dashboard on your phone14:12 Revenue flux via Slack and Notion15:37 RevRec tool: green, yellow, red17:56 V0 is a job requirement19:43 Speeding tickets vs. parking tickets20:33 Sponsors — Rillet | EY | SpendHound23:49 Very few one-way doors25:02 Finance in hypergrowth25:39 Three-scenario planning27:00 Honest with the board31:00 PLG + consumption at Vercel33:32 What Marten checks every morning34:03 Why RPO doesn't work here35:36 Holiday usage is up37:10 ICP shifted to solo developer39:22 Capital allocation in a fast market41:32 Growth compounds; margin can't43:22 SaaS gross margins: spicy take44:24 Cash-burning AI: 2026 vs. 202147:29 Are some hypergrowth cos destroying value?50:00 Lightning round50:11 Bank of Ireland mix-up51:10 Don't punt problems forward52:04 Finance software stack52:38 Expensed an oven53:12 Credits

In this episode of Run the Numbers, CJ breaks down how stock exchanges became the operating system of modern capitalism. From ship captains raising voyage money, to the Dutch East India Company's first tradable shares, to coffee house traders, the Buttonwood Agreement, market crashes, Robinhood, and GameStop, this is the story of how markets turned ownership into something liquid, global, and very, very human.—SPONSORS:SpendHound cuts your SaaS and AI spend by up to 30% using real pricing benchmarks across 10,000 vendors, so you always know what fair pricing looks like before your next renewal. Rated #1 on G2 in SaaS spend management, it's free forever for teams up to 1,000 employees. Sign up by June 12th and get $500 just for getting started. Go to https://www.spendhound.com/cjBrex is an intelligent finance platform with AI-powered agents that capture expenses automatically, enforce policy before the spend happens, and close your books in minutes instead of weeks. 35,000+ companies like OpenAI, Coinbase, Anthropic, and DoorDash already run on Brex. It's time to get Brex AF. Learn more at https://www.brex.com/metricsAleph is a modern FP&A platform built for teams that want more than another planning tool. By connecting your ERP, CRM, and other systems into one trusted data layer with AI workflows, Aleph helps you move faster with real-time insights. Get a personalized demo at https://www.getaleph.com/runRightRev is an automated revenue recognition platform that lets your product team ship new pricing without asking finance for permission, and your sales team close deals without creating downstream chaos. Check out their free tool at calculator.rightrev.com It scores your rev rec process, shows what's exposing you to risk, and tells you exactly where to focus before it bites you in the rear end. Check it out at https://calculator.rightrev.comRillet is an AI-native ERP built for modern finance teams that want to replace NetSuite and close faster. With revenue recognition, close management, multi-entity support, and native Stripe and Salesforce integrations, Rillet helps scaling companies run their finance stack in one place. Hundreds of teams, including Windsurf and Mercor, use Rillet to make the zero-day close real. Book a demo at https://www.rillet.com/cjEY has been part of Silicon Valley since it was just a valley, helping the most successful names in tech go from startup to exit to megacap. With teams across strategy, tax, audit, and transactions, EY helps you get your financials right early, long before your investors start asking for it. You build the next big thing, and EY will help you build it right. Learn more at https://www.ey.com/techstartups—LINKS: Mostly Talent: https://mostlymetrics.typeform.com/to/cLTxtAsNCJ: https://www.linkedin.com/in/cj-gustafson-13140948/Mostly metrics: https://www.mostlymetrics.comSlacker Stuff: https://www.slackerstuff.com/Ben on LinkedIn: https://www.linkedin.com/in/slackerstuff/—RELATED EPISODES:A CFO Explains Secondarieshttps://youtu.be/pENvBuXhGukA CFO Explains the Diamond Industryhttps://youtu.be/fPrho7hvykAA CFO Explains Marketplaceshttps://youtu.be/LpbH9GpBrSY—TIMESTAMPS:0:00 The First IPO, and Why It Changed Everything2:50 Coffee, Buttonwood Trees, and the First Insider Trading Scandal6:31 The Railroads Built Your Month-End Close10:17 Sponsors — SpendHound | Brex | Aleph13:47 Buying Stocks on Credit, and How That Ended18:13 Merrill Lynch Goes to the Suburbs, and the Paper Almost Wins21:44 Sponsors — RightRev | Rillet | EY24:47 NASDAQ, Pets.com, and the Most Expensive Sock Puppet in History28:49 The Phone in Your Pocket Democratized Everything, For Better or Worse33:03 The Stock Market Was Never Really About Stocks36:47 Credits#RunTheNumbersPodcast #FinanceHistory #StockMarket #Investing #FinanceLeadership

It started with a fake car listing on eBay.What looked like a simple online scam quietly grew, over more than a decade, into one of the most sophisticated cybercrime operations the FBI had ever traced. Custom malware. Opsec off the charts. Fleets of infected computers mining cryptocurrency for someone else. Millions of dollars siphoned from victims who had no idea.This is the story of Bayrob and the three men from Romanian who were behind it. And the long, strange road that led American investigators to their door.SponsorsSupport for this show comes from ThreatLocker®. ThreatLocker® is a Zero Trust Endpoint Protection Platform that strengthens your infrastructure from the ground up. With ThreatLocker® Allowlisting and Ringfencing™, you gain a more secure approach to blocking exploits of known and unknown vulnerabilities. ThreatLocker® provides Zero Trust control at the kernel level that enables you to allow everything you need and block everything else, including ransomware! Learn more at www.threatlocker.com.This show is sponsored by Meter, the company building networks from the ground up. Meter delivers a complete networking stack - wired, wireless, and cellular - in one solution that's built for performance and scale. Alongside their partners, Meter designs the hardware, writes the firmware, builds the software, manages deployments, and runs support. Learn more at meter.com.This show is sponsored by Maze. Maze uses AI agents to triage and remediate cloud vulnerabilities by figuring out what's actually exploitable, not just what's theoretically risky. They remove the noise, prioritize vulns that matter, and manage remediation, so your team stops wasting time on meaningless vulns. Visit MazeHQ.com/darknet for more information.Support for this episode comes from NetSuite. NetSuite gives you visibility and control of your financials, planning, budgeting, and of course - inventory - so you can manage risk, get reliable forecasts, and improve margins. NetSuite helps you identify rising costs, automate your manual business processes, and see where to save money. KNOW your numbers. KNOW your business. And get to KNOW how NetSuite can be the source of truth for your entire company. Visit www.netsuite.com/darknet to learn more.This episode is sponsored by Chainguard. Chainguard builds container images the right way — minimal, hardened, and built from source every single day. We're talking images with zero known CVEs, designed from the ground up for production. No bloat. No mystery packages. No 2 a.m. patching marathons because some transitive dependency lit up your dashboard. Stop patching images that are insecure. Start shipping clean. Head to chainguard.dev to see how secure your software supply chain can really be.

Allie unpacks the state of Pride Month 2026, contrasting the cultural push for LGBTQ celebration with God's unchanging design for marriage, sexuality, and family. She examines aggressive activism targeting children — from Boston library drag queen story times and taxpayer-funded “trans period Pride” events to corporate Pride collections and Netflix kids' programming — while highlighting encouraging shifts in public opinion, state laws protecting minors, corporate retreats, and legal pushback. Allie reminds Christians why we cannot affirm what Scripture calls sin, grounding the conversation in biblical truth about pride, redemption, and God's good creation of male and female. Plus, she responds to voicemails with wisdom on IVF and navigating fear about having more children with a special-needs child. Share the Arrows 2026 is on October 10 in Dallas, Texas! Tickets are on sale now at: ⁠⁠⁠⁠⁠⁠https://sharethearrows.com⁠⁠⁠ Share the Arrows is sponsored by: A'del Natural Cosmetics: AdelNaturalCosmetics.com Range Leather: RangeLeather.com/ALLIE We Heart Nutrition: WeHeartNutrition.com Buy Allie's book "Toxic Empathy: How Progressives Exploit Christian Compassion": ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.toxicempathy.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ – Time Codes 0:00 Introduction 1:52 Pride Month in 2026 18:34 LGBT Was Pushed onto Kids 33:39 The Tide Is Turning 45:21 Allie Gives Advice – Today's Sponsors: Fellowship Home Loans | Start with a free consultation at FellowshipHomeLoans.com/Allie and receive a $500 credit at closing. Pre-Born | To donate, dial #250 and say the keyword “BABY.” Or visit Preborn.com/ALLIE. Seven Weeks Coffee | Experience the best coffee while supporting the pro-life movement with Seven Weeks Coffee; use code ALLIE at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.sevenweekscoffee.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to get up to 25% off your first order, plus your free gift! Shopify | Sign up for your $1-per-month trial today at shopify.com/allie. NetSuite — Gain visibility and control of your financials, planning, budgeting, and inventory so you can manage risk, get reliable forecasts, and improve margins. Go to ⁠ NetSuite.com/ALLIE⁠⁠ to get the CFO's guide to AI and machine learning. Episodes You May Like: Ep 1023 | Pride Pullback: Are Companies Backing Down? https://podcasts.apple.com/us/podcast/ep-1023-pride-pullback-are-companies-backing-down/id1359249098?i=1000659673322 Ep 1013 | Ms. Rachel Uses Jesus to Push Pride https://podcasts.apple.com/us/podcast/ep-1013-ms-rachel-uses-jesus-to-push-pride/id1359249098?i=1000657841626 --- ► Buy Allie's book "You're Not Enough (& That's Okay): Escaping the Toxic Culture of Self-Love": https://alliebethstuckey.com/book ► Subscribe to the podcast: iTunes: https://apple.co/2UVssnP Spotify: https://spoti.fi/2FwkXxj ► Connect with Allie on Social Media: https://twitter.com/conservmillen https://www.instagram.com/alliebstuckey/ https://facebook.com/allieBlazeTV/ ► Relatable merchandise — use promo code ALLIE10 for a discount: https://shop.blazemedia.com/collections/allie-stuckey

In this episode of Run the Numbers, CJ sits down with Ryan Roccon, CFO of Zapier, to cover AI hiring standards, automating month-end close, measuring ROI on AI spend, and why determinism still beats agents most of the time.—SPONSORS:EY has been part of Silicon Valley since it was just a valley, helping the most successful names in tech go from startup to exit to megacap. With teams across strategy, tax, audit, and transactions, EY helps you get your financials right early, long before your investors start asking for it. You build the next big thing, and EY will help you build it right. Learn more at https://www.ey.com/techstartupsSpendHound cuts your SaaS and AI spend by up to 30% using real pricing benchmarks across 10,000 vendors, so you always know what fair pricing looks like before your next renewal. Rated #1 on G2 in SaaS spend management, it's free forever for teams up to 1,000 employees. Sign up by June 12th and get $500 just for getting started. Go to https://www.spendhound.com/cjBrex is an intelligent finance platform with AI-powered agents that capture expenses automatically, enforce policy before the spend happens, and close your books in minutes instead of weeks. 35,000+ companies like OpenAI, Coinbase, Anthropic, and DoorDash already run on Brex. It's time to get Brex AF. Learn more at https://www.brex.com/metricsAleph is a modern FP&A platform built for teams that want more than another planning tool. By connecting your ERP, CRM, and other systems into one trusted data layer with AI workflows, Aleph helps you move faster with real-time insights. Get a personalized demo at https://www.getaleph.com/runRightRev is an automated revenue recognition platform that lets your product team ship new pricing without asking finance for permission, and your sales team close deals without creating downstream chaos. Check out their free tool at calculator.rightrev.com It scores your rev rec process, shows what's exposing you to risk, and tells you exactly where to focus before it bites you in the rear end. Check it out at https://calculator.rightrev.comRillet is an AI-native ERP built for modern finance teams that want to replace NetSuite and close faster. With revenue recognition, close management, multi-entity support, and native Stripe and Salesforce integrations, Rillet helps scaling companies run their finance stack in one place. Hundreds of teams, including Windsurf and Mercor, use Rillet to make the zero-day close real. Book a demo at https://www.rillet.com/cj—LINKS: Mostly Talent: https://mostlymetrics.typeform.com/to/cLTxtAsNGuest: https://www.linkedin.com/in/ryanroccon/Company: https://zapier.com/CJ: https://www.linkedin.com/in/cj-gustafson-13140948/Mostly metrics: https://www.mostlymetrics.com—RELATED EPISODES:Ryan's First Appearancehttps://youtu.be/VIZ_RzfV78IChris Byington, Head of Data @ Superhumanhttps://youtu.be/ydH38JnWfww—TIMESTAMPS:0:00 Preview and intro2:11 Ryan's scope at Zapier3:17 Why the finance guy runs ecosystems6:19 AI is a required hire competency6:46 The four levels: unacceptable to transformative8:48 How Zapier tests for it11:50 Favorite interview question13:06 Sponsors — EY | SpendHound | Brex16:18 AI changes the hiring profile17:07 Support becomes customer-facing engineering18:44 Where AI beats deterministic Zaps21:00 80-90% of builds are deterministic22:41 Sponsors — Aleph | RightRev | Rillet26:00 Month end close on Zaps27:40 Time saved is a leading indicator29:53 AI token costs: COGS or investment?31:51 Performance issue or measurement issue?33:41 Partner ARR: chasing the wrong thing35:56 Build around what changes the decision37:17 The initiative sizing coach40:00 Escalate on magnitude, not certainty41:55 The 9,000 integration story44:02 M&A process and minimum model46:19 Cash vs. stock: incentive alignment48:06 CFO's role in M&A: show up early49:18 Credits

AOC dons hijab to cosplay as a Third Worldist fellow-traveller; Graham Platner and James Talarico cosplay as a blue collar Trump voter and a Bible-thumping Trump voter… and are headed for big Ls; and the Pope signs into chat on AI. Ep. 2433 - - - Click here to join the member-exclusive portion of my show: https://dwplus.watch/BenShapiroMemberExclusive - - - Today's Sponsors: Supersure - Find out if your business is overinsured, underinsured, or somewhere in between. Go to https://Supersure.com/shapiro and get a full report on your current policies, with no obligation. NetSuite - Download the free e-book “Navigating Global Trade: 3 Insights for Leaders” at https://NetSuite.com/SHAPIRO Balance of Nature - Go to BalanceofNature.com today and get 10% OFF the Whole Health System™ supplements when you use Discount Code: SHAPIRO Shopify - Sign up for your $1-per-month trial and start selling today at https://Shopify.com/shapiro - - - DailyWire+: Become a Daily Wire Member and watch all of our content ad-free: https://www.dailywire.com/subscribe

President Trump convenes his full Cabinet amid a series of high-stakes foreign policy moves, Elon Musk sounds the alarm over New York City Mayor Zohran Mamdani's latest socialist housing proposal, and some of the biggest names in tech are now feeling the costs of AI. Reporting from Ben Domenech & Brecca Stoll. Plus, we speak with Allison Schrager. Get the facts first with Morning Wire. - - - Ep. 2810 - - - Wake up with new Morning Wire merch: https://bit.ly/4lIubt3 - - - Today's Sponsors: Quince - Go to https://Quince.com/wire for free shipping on your order and 365-day returns. Lean - Get 20% off when you enter code WIRE at https://TakeLean.com NetSuite - If your revenues are at least in the seven figures, get our free business guide, Demystifying AI, at NetSuite.com/MORNINGWIRE - - - Privacy Policy: https://www.dailywire.com/privacy morning wire,morning wire podcast,the morning wire podcast,Georgia Howe,John Bickley,daily wire podcast,podcast,news podcast Learn more about your ad choices. Visit podcastchoices.com/adchoices

In this episode of Run the Numbers, CJ sits down with Aurélien Nolf, CFO of Navan, to unpack how to pre-align before budgeting, how to think about portfolio construction inside a company, when to fund or kill internal bets, how IR is becoming more connected to FP&A, and where AI actually works inside finance teams.—SPONSORS:Rillet is an AI-native ERP built for modern finance teams that want to replace NetSuite and close faster. With revenue recognition, close management, multi-entity support, and native Stripe and Salesforce integrations, Rillet helps scaling companies run their finance stack in one place. Hundreds of teams, including Windsurf and Mercor, use Rillet to make the zero-day close real. Book a demo at https://www.rillet.com/cjEY works with high-growth tech companies to navigate the messy realities of scaling—from regulatory requirements to IPO readiness. By helping teams get it right early and often, EY lets founders stay focused on building while reducing risk as they grow. Learn more at https://www.ey.com/techstartupsSpendHound is a SaaS spend management platform built for finance and procurement teams that want visibility and leverage in every deal. By tracking all your software, benchmarking pricing across thousands of vendors, and surfacing contracts and renewals, SpendHound helps you stop overpaying and negotiate with confidence. Trusted by teams at ZoomInfo and Hootsuite. Get started at https://www.spendhound.com/cjBrex is an intelligent finance platform that combines corporate cards, built-in expense management, and AI agents to eliminate manual finance work. By automating expense reviews and reconciliations, Brex gives CFOs more time for the high-impact work that drives growth. Join 35,000+ companies like Anthropic, Coinbase, and DoorDash at https://www.brex.com/metricsAleph is a modern FP&A platform built for teams that want more than another planning tool. By connecting your ERP, CRM, and other systems into one trusted data layer with AI workflows, Aleph helps you move faster with real-time insights. Get a personalized demo at https://www.getaleph.com/runRightRev is an automated revenue recognition platform built for teams that have outgrown spreadsheets and billing tool workarounds. It handles high-volume subscriptions, usage-based contracts, and mid-cycle upgrades, so you can scale without scrambling at month-end. For RevRec that keeps your books clean, visit https://www.rightrev.com/CJ—LINKS: Mostly Talent: https://mostlymetrics.typeform.com/to/cLTxtAsNGuest: https://www.linkedin.com/in/aureliennolf5b716412/Company: https://navan.com/CJ: https://www.linkedin.com/in/cj-gustafson-13140948/Mostly metrics: https://www.mostlymetrics.com—TIMESTAMPS:0:00 Preview and intro1:21 Welcome and guest intro3:06 100-mile ultramarathon at Lake Tahoe4:47 Resource allocation lessons from EA6:41 Bucketing bets: proven, intuition, moonshots7:43 Pre-alignment before budgeting9:58 The 70/20/10 framework10:35 Sponsors — Rillet | EY | SpendHound13:51 The common trap: chasing everything16:16 Lyft: $1B burning to $1B profitable18:11 Killing projects without crushing morale19:24 TAM as the planning foundation20:57 Navan's TAM: managed vs. unmanaged22:15 Sponsors — Brex | Aleph | RightRev25:48 Why go after the unmanaged segment28:24 Not all TAM dollars are equal29:26 How IR is evolving30:45 Why FP&A and IR belong together31:54 Metrics: disclose vs. guide34:04 Use internal metrics externally35:12 Communicating bad news to the market39:22 Earnings prep: the black book40:04 AI in finance: can't vibe code compliance41:31 Ava handles 55% of interactions43:08 AI ROI: same framework as anything else44:02 Why finance hasn't had its AI moment44:46 Lightning round44:56 Screwed up: wrong investor meeting45:23 Sunday planning ritual46:42 Advice to younger self47:29 Finance software stack48:34 Craziest expense: curtains at the hotel laundry49:17 Credits

Mike sits down with master card mechanic and sleight-of-hand expert Jason Ladanye, whose impossible demonstrations of gambling moves and psychological deception have earned him a reputation as one of the best card handlers working today. Jason explains how a childhood obsession with cards—and an influential mentorship with legendary magician Darwin Ortiz—shaped his career performing around the world. Along the way, Jason shows Mike how magicians secretly track cards through a shuffled deck, demonstrates the art of bottom dealing, and reveals why the real secret behind great magic isn't fast hands—it's storytelling, conviction, and understanding exactly how people think. And of course, there are several mind-blowing demonstrations of his ability. Follow Jason on Instagram and see him LIVE at an upcoming show. Big thanks to our awesome sponsors PureTalk.com/Rowe Choose any plan for $15 per month for the first three months.   NetSuite.com/Mike Download their FREE business guide, Demystifying AI SkillsUSA.org/mike Join the skilled trade movement!

The MeidasTouch Podcast is back for a packed Memorial Day episode as the brothers break down Donald Trump's latest self-inflicted chaos on the world stage, including how he continues to torpedo his own Iran negotiations by suddenly demanding Middle East allies join the Abraham Accords, reportedly leaving leaders in stunned silence on a tense call. The episode also covers Trump's bizarre Memorial Day attacks on former presidents Barack Obama and Biden, major Democratic campaign speeches drawing sharp contrasts ahead of the midterms, and the growing backlash from prominent MAGA influencers now openly turning on Trump as his approval ratings crater, especially among young voters. Ben, Brett and Jordy also discuss Trump's latest bizarre ballroom court filing that reads like it was written by Trump himself, new details surrounding the shooting near the White House and Trump's immediate effort to politicize it for his ballroom project, Russia's escalating attacks on Kyiv, and all the latest breaking news. Subscribe to Meidas+ at https://meidasplus.com Get Meidas Merch: https://store.meidastouch.com Deals from our sponsors!  Smalls: Head to https://Smalls.com/meidas and use promo code MEIDAS at checkout for 60% off your first order PLUS free shipping! IQBar: Get 20% OFF all IQBAR products. Text TRUTH to 64000. NetSuite: Download the CFO's guide to Al and Machine Learning at https://Netsuite.com/meidas Willie's Remedy: Order now at https://drinkwillies.com and use code MEIDAS for 20% off of your first order + free shipping on orders over $95 Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast Cult Conversations: The Influence Continuum with Dr. Steve Hassan: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Learn more about your ad choices. Visit megaphone.fm/adchoices

Send us Fan MailThis week's enterprise software announcements reveal how aggressively vendors are repositioning around AI agents, composable integration, and industry-specific workflows. NetSuite introduced its new integration platform to simplify connectivity across enterprise ecosystems, while Oracle expanded both its process manufacturing capabilities and AI agent portfolio inside Fusion Cloud Applications. QAD and Tata Consultancy Services strengthened their manufacturing operations strategy through the Redzone partnership, reinforcing the growing importance of connected frontline execution. Meanwhile, Intuit Mailchimp rolled out new e-commerce enhancements, and Seismic and Highspot announced a major merger that could reshape the sales enablement landscape. On the AI infrastructure side, Anthropic expanded MCP with a framework for full-stack agentic applications, while emerging vendors like Hubbl Technologies positioned themselves as orchestration layers for the Salesforce agentic ecosystem. Finally, Sage, Salesforce, and Sinch continued the broader trend of embedding AI agents deeper into finance, communications, and customer engagement workflows, signaling that the enterprise software market is rapidly shifting from passive systems of record toward autonomous systems of execution.In today's episode, we invited a panel of industry analysts for a live discussion on LinkedIn to analyze current enterprise software stories. We covered many grounds, including the direction and roadmaps of each enterprise software vendor. Finally, we analyzed future trends and how they might shape the enterprise software industry.Video: https://www.youtube.com/watch?v=i0Ktqz2rXh8Questions for Panelists?

A client called you last week. The report used to take an hour. Now it takes five minutes. They want to know why they're still paying for the hour, and the honest answer is you don't have one. In this episode, I break down why AI didn't break your pricing model, it just exposed what was already broken the day you started selling time instead of outcomes. I walk through what's happening across Salesforce, HubSpot, Zoho, Monday, NetSuite, and Acumatica partners right now, why the hour collapse means you never had pricing power, and the four moves that protect your revenue before that phone call lands. If you're still quoting in hours and hoping clients don't notice, this one's for you.Resources and LinksNeed help with your WHO and WHAT decisions? Apply for a FREE Multiplier CallBook a Decision Session herePrevious episode: 684 - 73 Minutes to Stop Running Two Businesses at OnceCheck out more episodes of the Paul Higgins PodcastSubscribe to our YouTube channel: @PaulHigginsMentoringJoin our newsletterSuggested resources

Tesla Chief Designer Franz von Holzhausen and Engineering VP Lars Moravy both join me to discuss the legacy and history of the Model S and Model X as both cars are officially retired this week. Plus: my recap of the Model S and X Celebration event. Stay tuned! 00:12:18 Interview Start 00:13:30 How the Decision to Discontinue S and X Happened 00:18:02 S and X Would Need a Complete Redesign to Continue 00:21:55 Next-Gen Roadster News 00:25:03 Signature Numbers 00:29:03 Final S and X Production Numbers 00:29:43 The Beginning of Model S 00:36:20 More Lightning 00:36:48 Old S and X Stories 00:39:26 First Drive of the Model S...Ever 00:45:14 The EV Market and EV Adoption Rate 00:49:36 Adding Dual Motors to Model S 00:51:36 A 3rd Motor in a Model 3? 00:54:37 About the Never-Made Model S Plaid+ 00:56:58 Are 18650s done at Tesla? 00:58:10 Favorite Wheels 01:02:10 Pencils Down on S and X 01:03:22 Parting Message 01:05:07 Drive or Preserve their Signature S's If you enjoy the podcast and would like to support my efforts, please check out my Patreon at https://www.patreon.com/teslapodcast and consider a monthly or (10% discounted!) annual pledge. Every little bit helps, and you can support for just $5 per month. And there are stacking bonuses in it for you at each pledge level, like early access to each episode at the $5 tier and the weekly Lightning Round bonus mini-episode (AND the early access!) at the $10 tier! And NO ADS at every Patreon tier! NEW: Level up your business with NetSuite by Oracle! Get your free business guide, Demystifying AI, at www.netsuite.com/lightning  Also, don't forget to leave a message on the Ride the Lightning hotline anytime with a question, comment, or discussion topic for next week's show! The toll-free number to call is 1-888-989-8752. INTERESTED IN A FLEXIBLE EXTENDED WARRANTY FOR YOUR TESLA? Be a part of the future of transportation with XCare, the first extended warranty designed & built exclusively for EV owners, by EV owners. Use the code Lightning to get $100 off their "One-time Payment" option! Go to www.xcelerateauto.com/xcare to find the extended warranty policy that's right for you and your Tesla. P.S. Get 15% off your first order of awesome aftermarket Tesla accessories at AbstractOcean.com by using the code RTLpodcast at checkout. Grab the SnapPlate front license plate bracket for any Tesla at https://everyamp.com/RTL/ (don't forget the coupon code RTL too!). Enhance your car with cool carbon-fiber upgrades from RPMTesla.com and use the promo code RTL5-10 for 5-10% off your next purchase. And make your garage door foolproof with the Infinity Shield – get yours at https://www.infinity-shield.com and use the promo code RTL at checkout for a $35 discount.

Welcome back to Impact Theory with Tom Bilyeu. In part two of this dynamic conversation, Tom Bilyeu sits down with entrepreneur and author Daniel Priestley to unpack the hidden forces shaping today's economic landscape. Together, they dig deep into models of wealth redistribution, the power—and peril—of technological disruption, and why some countries like those in the Nordics seem to make social safety nets work, while others struggle. Daniel Priestley pulls back the curtain on what really drives inequality in the modern era, from government competence to the impact of repeated technological revolutions. The discussion tackles hot topics like universal basic income, the role of sovereign wealth funds, and what future generations can expect as artificial intelligence reaches an inflection point. Whether you're curious about the fate of the middle class, the future of property ownership, or how to stay ahead in a shifting economy, this conversation is packed with actionable insights and bold predictions. Buckle up for a riveting exploration of economics, technology, and the very rules that will define our future. What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER:  https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.:  https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Ketone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderQuince: Free shipping and 365-day returns at https://quince.com/impactpodAT&T Business: Switch to AT&T Business at business.att.com Incogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impactShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact Netsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/Theory Quo: Try for free PLUS get 20% off your first 6 months at https://quo.com/impact Monetary Metals: Future-proof your wealth at https://monetarymetals.com/impactPique: 20% off at https://piquelife.com/impact Follow Daniel Priestley:Instagram: https://www.instagram.com/danielpriestleyTwitter: https://twitter.com/DanielPriestleyLinkedIn: https://www.linkedin.com/in/danielpriestleyWebsite: https://danielpriestley.com/ Learn more about your ad choices. Visit megaphone.fm/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Welcome back to Impact Theory with Tom Bilyeu. In part two of this dynamic conversation, Tom Bilyeu sits down with entrepreneur and author Daniel Priestley to unpack the hidden forces shaping today's economic landscape. Together, they dig deep into models of wealth redistribution, the power—and peril—of technological disruption, and why some countries like those in the Nordics seem to make social safety nets work, while others struggle. Daniel Priestley pulls back the curtain on what really drives inequality in the modern era, from government competence to the impact of repeated technological revolutions. The discussion tackles hot topics like universal basic income, the role of sovereign wealth funds, and what future generations can expect as artificial intelligence reaches an inflection point. Whether you're curious about the fate of the middle class, the future of property ownership, or how to stay ahead in a shifting economy, this conversation is packed with actionable insights and bold predictions. Buckle up for a riveting exploration of economics, technology, and the very rules that will define our future. What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER:  https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.:  https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Ketone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderQuince: Free shipping and 365-day returns at https://quince.com/impactpodAT&T Business: Switch to AT&T Business at business.att.com Incogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impactShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact Netsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/Theory Quo: Try for free PLUS get 20% off your first 6 months at https://quo.com/impact Monetary Metals: Future-proof your wealth at https://monetarymetals.com/impactPique: 20% off at https://piquelife.com/impact Follow Daniel Priestley:Instagram: https://www.instagram.com/danielpriestleyTwitter: https://twitter.com/DanielPriestleyLinkedIn: https://www.linkedin.com/in/danielpriestleyWebsite: https://danielpriestley.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to Impact Theory with Tom Bilyeu. In today's final London episode, we dig into the unverified Iran framework reportedly brokered between the US and Tehran — a 30-day pause that may have more to do with calming a fracturing bond market than ending a war. Joining Tom is Drew, who walks us through the leaked terms, why Netanyahu reportedly had "his hair on fire" on a call with Trump, and what Israel's rumored surprise strike could mean for any path to a permanent deal. From there, the conversation widens into the wealth extraction lens on modern warfare, the three industrial complexes running the show, and the four simultaneous bond markets flashing historic warning signs. Tom breaks down the Cape ratio hitting levels not seen since 1929 and 1999, walks through his own personal portfolio (three years in cash, Bitcoin, gold, short-term US debt, and broad diversification), and explains why timing the market is a fool's errand compared to building a thesis. We also cover Bernie Sanders' new bill to cap super PAC contributions at $5K — a rare moment of cross-aisle agreement for Tom — alongside a brutal point-by-point dismantling of California gubernatorial candidate Tom Steyer's claim that we just need to "tax billionaires more." Spoiler: per-capita inflation-adjusted spending on transportation, healthcare, and education is already up 50%, 100%, and 700% respectively since 1952. The problem isn't taxation. It's competence. Plus: the largest autism fraud case in US history out of Minnesota, AOC's brown-water data center stunt that Tom calls "treasonous," Jeff Bezos predicting AI will let one spouse leave the workforce, the AI-made film premiering at Cannes, Spotify and Universal's new AI remix licensing deal, the Figure robot running 200 hours error-free, and a viral CEO firing his entire HR department. Whether you're here for the geopolitics, the macro economics, or Tom's no-anonymous-feedback management philosophy, this episode covers a lot of ground from the road. Hit subscribe. What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER:  https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.:  https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Ketone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderQuince: Free shipping and 365-day returns at https://quince.com/impactpodAT&T Business: Switch to AT&T Business at business.att.com Incogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impactShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact Netsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/Theory Quo: Try for free PLUS get 20% off your first 6 months at https://quo.com/impact Monetary Metals: Future-proof your wealth at https://monetarymetals.com/impactPique: 20% off at https://piquelife.com/impact tom bilyeu, impact theory, tom bilyeu show, tom bilyeu live, drew, iran ceasefire, trump iran, netanyahu, israel iran, ukraine russia, bond market, cape ratio, jeff bezos ai, bernie sanders super pac, tom steyer, tax the rich, billionaire tax, minnesota fraud, feeding our future, jd vance, aoc data center, ai film cannes, spotify ai, universal music ai, figure robot, asmongold ai, tommy robinson, mamdani, money in politics, wealth extraction, citizens united, london podcast Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to Impact Theory with Tom Bilyeu. In today's final London episode, we dig into the unverified Iran framework reportedly brokered between the US and Tehran — a 30-day pause that may have more to do with calming a fracturing bond market than ending a war. Joining Tom is Drew, who walks us through the leaked terms, why Netanyahu reportedly had "his hair on fire" on a call with Trump, and what Israel's rumored surprise strike could mean for any path to a permanent deal. From there, the conversation widens into the wealth extraction lens on modern warfare, the three industrial complexes running the show, and the four simultaneous bond markets flashing historic warning signs. Tom breaks down the Cape ratio hitting levels not seen since 1929 and 1999, walks through his own personal portfolio (three years in cash, Bitcoin, gold, short-term US debt, and broad diversification), and explains why timing the market is a fool's errand compared to building a thesis. We also cover Bernie Sanders' new bill to cap super PAC contributions at $5K — a rare moment of cross-aisle agreement for Tom — alongside a brutal point-by-point dismantling of California gubernatorial candidate Tom Steyer's claim that we just need to "tax billionaires more." Spoiler: per-capita inflation-adjusted spending on transportation, healthcare, and education is already up 50%, 100%, and 700% respectively since 1952. The problem isn't taxation. It's competence. Plus: the largest autism fraud case in US history out of Minnesota, AOC's brown-water data center stunt that Tom calls "treasonous," Jeff Bezos predicting AI will let one spouse leave the workforce, the AI-made film premiering at Cannes, Spotify and Universal's new AI remix licensing deal, the Figure robot running 200 hours error-free, and a viral CEO firing his entire HR department. Whether you're here for the geopolitics, the macro economics, or Tom's no-anonymous-feedback management philosophy, this episode covers a lot of ground from the road. Hit subscribe. What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER:  https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.:  https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Ketone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderQuince: Free shipping and 365-day returns at https://quince.com/impactpodAT&T Business: Switch to AT&T Business at business.att.com Incogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impactShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact Netsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/Theory Quo: Try for free PLUS get 20% off your first 6 months at https://quo.com/impact Monetary Metals: Future-proof your wealth at https://monetarymetals.com/impactPique: 20% off at https://piquelife.com/impact tom bilyeu, impact theory, tom bilyeu show, tom bilyeu live, drew, iran ceasefire, trump iran, netanyahu, israel iran, ukraine russia, bond market, cape ratio, jeff bezos ai, bernie sanders super pac, tom steyer, tax the rich, billionaire tax, minnesota fraud, feeding our future, jd vance, aoc data center, ai film cannes, spotify ai, universal music ai, figure robot, asmongold ai, tommy robinson, mamdani, money in politics, wealth extraction, citizens united, london podcast Learn more about your ad choices. Visit megaphone.fm/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What's up, guys? Today, I am fired up to bring you an essential episode with serial entrepreneur, author, and economic thought leader Daniel Priestley. Daniel is an expert on entrepreneurship, the future of work, and how technology is driving long-term societal disruption. With a powerful grasp of history and a keen eye on where things are heading, Daniel breaks down everything you need to understand about economic revolutions, inequality, and why socialism is suddenly such a big talking point. In this conversation, Daniel and I dive deep into how AI, rising inflation, and broken social contracts are setting the stage for massive change—and what that means for all of us. He shares the blueprint history provides for moving beyond economic stagnation, what fuels resentment and unrest, and why understanding competition, ownership, and values is vital if you want to thrive in today's world. By the end of this episode, you'll walk away with a clearer understanding of the real drivers behind economic turmoil, why surface solutions like simple wealth redistribution miss the mark, and how you can position yourself to survive and win, no matter how crazy the system gets. If this episode brings you value, please leave us a review—it's the best way to help us reach more ambitious minds like yours who are ready to break through and unlock their potential. I'm Tom Bilyeu, and welcome to Impact Theory. Ketone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderQuince: Free shipping and 365-day returns at https://quince.com/impactpodAT&T Business: Switch to AT&T Business at business.att.com Incogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impactShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact Netsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/Theory Quo: Try for free PLUS get 20% off your first 6 months at https://quo.com/impact Monetary Metals: Future-proof your wealth at https://monetarymetals.com/impactPique: 20% off at https://piquelife.com/impact What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER:  https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.:  https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Follow Daniel Priestley:Instagram: https://www.instagram.com/danielpriestleyTwitter: https://twitter.com/DanielPriestleyLinkedIn: https://www.linkedin.com/in/danielpriestleyWebsite: https://danielpriestley.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

What's up, guys? Today, I am fired up to bring you an essential episode with serial entrepreneur, author, and economic thought leader Daniel Priestley. Daniel is an expert on entrepreneurship, the future of work, and how technology is driving long-term societal disruption. With a powerful grasp of history and a keen eye on where things are heading, Daniel breaks down everything you need to understand about economic revolutions, inequality, and why socialism is suddenly such a big talking point. In this conversation, Daniel and I dive deep into how AI, rising inflation, and broken social contracts are setting the stage for massive change—and what that means for all of us. He shares the blueprint history provides for moving beyond economic stagnation, what fuels resentment and unrest, and why understanding competition, ownership, and values is vital if you want to thrive in today's world. By the end of this episode, you'll walk away with a clearer understanding of the real drivers behind economic turmoil, why surface solutions like simple wealth redistribution miss the mark, and how you can position yourself to survive and win, no matter how crazy the system gets. If this episode brings you value, please leave us a review—it's the best way to help us reach more ambitious minds like yours who are ready to break through and unlock their potential. I'm Tom Bilyeu, and welcome to Impact Theory. Ketone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderQuince: Free shipping and 365-day returns at https://quince.com/impactpodAT&T Business: Switch to AT&T Business at business.att.com Incogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impactShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact Netsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/Theory Quo: Try for free PLUS get 20% off your first 6 months at https://quo.com/impact Monetary Metals: Future-proof your wealth at https://monetarymetals.com/impactPique: 20% off at https://piquelife.com/impact What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER:  https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.:  https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Follow Daniel Priestley:Instagram: https://www.instagram.com/danielpriestleyTwitter: https://twitter.com/DanielPriestleyLinkedIn: https://www.linkedin.com/in/danielpriestleyWebsite: https://danielpriestley.com/ Learn more about your ad choices. Visit megaphone.fm/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Tom and Drew break down a stacked news day starting with the Trump DOJ signing off on a $1.776 billion "anti-weaponization" settlement that wraps up Trump's pending lawsuits and grants tax-investigation immunity to him, Donald Jr., Eric, and the Trump Organization for any returns filed before the investigation date. Tom unpacks why this functions as a soft self-pardon, why the slush fund framing is structurally dangerous regardless of the merits, and why presidents need to operate knowing every move will be scrutinized after they leave office. From there, the guys get into Trump claiming he paused a bombing campaign against Iran an hour before it was set to launch at the request of GCC nations, US bond yields hitting their highest level since 2007, and the AIPAC-funded primary takedown of Thomas Massie in Kentucky — the one Congressman wearing a pin tracking the national debt, now removed by lobby money in the most naked display of money-in-politics this cycle. Tom delivers an extended argument on the overproduction of elites — why too many people are being pushed into white-collar tracks the economy can't reward, how this fuels the resentment cycle driving political instability, and why historical empires (including pre-Revolution France) collapsed under the same dynamic. He walks through the Niall Ferguson book on the Rothschilds as a case study for understanding the meta-rules of how the world actually works, and pushes back hard against the Jeff Bezos pitch to exempt lower earners from federal taxes — arguing that everyone paying in is the only mechanism that keeps the government accountable. Plus: Mark Zuckerberg's leaked audio explaining why Meta is recording employee computer use to train AI amid the layoffs, why Tom is heading to Piers Morgan to debate AI displacement, how Kobe Bryant's pivot from basketball to filmmaking models the right mindset for navigating technological disruption, Ashley St. Clair's claim that Elon had access to 2024 election data, and Seattle Mayor Katie Wilson saying she "felt seen" being called a communist by Trump. This one is dense. Tom is in deep-dive mode the whole episode, particularly on the central banking and inflation theft mechanics that he argues are the real engine behind almost every political fight currently dominating the news cycle. What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER:  https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.:  https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Ketone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderQuince: Free shipping and 365-day returns at https://quince.com/impactpodAT&T Business: Switch to AT&T Business at business.att.com Incogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impactShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact Netsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/Theory Quo: Try for free PLUS get 20% off your first 6 months at https://quo.com/impact Monetary Metals: Future-proof your wealth at https://monetarymetals.com/impactPique: 20% off at https://piquelife.com/impact Tom Bilyeu, Impact Theory, Drew, Trump DOJ settlement, Trump tax immunity, IRS slush fund, 1.776 billion, Trump Iran bombing paused, US bond yields 2026, Thomas Massie AIPAC, Massie Kentucky primary, money in politics, Mark Zuckerberg leaked audio, Meta AI surveillance, AI layoffs, Piers Morgan, Katie Wilson Seattle mayor, communist mayor, Jeff Bezos taxes, nurse in Queens, overproduction of elites, Niall Ferguson Rothschild, French Revolution, inflation theft, central banking, Ashley St Clair Elon, 2024 election data Learn more about your ad choices. Visit megaphone.fm/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Tom and Drew break down a stacked news day starting with the Trump DOJ signing off on a $1.776 billion "anti-weaponization" settlement that wraps up Trump's pending lawsuits and grants tax-investigation immunity to him, Donald Jr., Eric, and the Trump Organization for any returns filed before the investigation date. Tom unpacks why this functions as a soft self-pardon, why the slush fund framing is structurally dangerous regardless of the merits, and why presidents need to operate knowing every move will be scrutinized after they leave office. From there, the guys get into Trump claiming he paused a bombing campaign against Iran an hour before it was set to launch at the request of GCC nations, US bond yields hitting their highest level since 2007, and the AIPAC-funded primary takedown of Thomas Massie in Kentucky — the one Congressman wearing a pin tracking the national debt, now removed by lobby money in the most naked display of money-in-politics this cycle. Tom delivers an extended argument on the overproduction of elites — why too many people are being pushed into white-collar tracks the economy can't reward, how this fuels the resentment cycle driving political instability, and why historical empires (including pre-Revolution France) collapsed under the same dynamic. He walks through the Niall Ferguson book on the Rothschilds as a case study for understanding the meta-rules of how the world actually works, and pushes back hard against the Jeff Bezos pitch to exempt lower earners from federal taxes — arguing that everyone paying in is the only mechanism that keeps the government accountable. Plus: Mark Zuckerberg's leaked audio explaining why Meta is recording employee computer use to train AI amid the layoffs, why Tom is heading to Piers Morgan to debate AI displacement, how Kobe Bryant's pivot from basketball to filmmaking models the right mindset for navigating technological disruption, Ashley St. Clair's claim that Elon had access to 2024 election data, and Seattle Mayor Katie Wilson saying she "felt seen" being called a communist by Trump. This one is dense. Tom is in deep-dive mode the whole episode, particularly on the central banking and inflation theft mechanics that he argues are the real engine behind almost every political fight currently dominating the news cycle. What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER:  https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.:  https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Ketone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderQuince: Free shipping and 365-day returns at https://quince.com/impactpodAT&T Business: Switch to AT&T Business at business.att.com Incogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impactShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact Netsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/Theory Quo: Try for free PLUS get 20% off your first 6 months at https://quo.com/impact Monetary Metals: Future-proof your wealth at https://monetarymetals.com/impactPique: 20% off at https://piquelife.com/impact Tom Bilyeu, Impact Theory, Drew, Trump DOJ settlement, Trump tax immunity, IRS slush fund, 1.776 billion, Trump Iran bombing paused, US bond yields 2026, Thomas Massie AIPAC, Massie Kentucky primary, money in politics, Mark Zuckerberg leaked audio, Meta AI surveillance, AI layoffs, Piers Morgan, Katie Wilson Seattle mayor, communist mayor, Jeff Bezos taxes, nurse in Queens, overproduction of elites, Niall Ferguson Rothschild, French Revolution, inflation theft, central banking, Ashley St Clair Elon, 2024 election data Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to Impact Theory with Tom Bilyeu. In today's deep dive, we're unpacking the often-misunderstood story of Sweden's economic transformation—and the crucial lessons it holds for America. Our host challenges the popular narrative that Sweden's “Nordic model” is a socialist success story, revealing instead how excessive wealth redistribution led to Sweden's economic collapse in the 1990s. We'll explore how the country's dramatic shift toward market reforms reignited innovation and prosperity, and why attempts to replicate a large-scale welfare state—without robust economic growth—are doomed to fail. Drawing on global case studies, tax migration, and the pitfalls of top-down controls, you'll learn why wealth creation must come before redistribution, and why real solutions require fiscal discipline and honest debate about the costs of our social programs. If you've ever wondered what America can—and can't—learn from Sweden, this episode is for you. 00:00 - Intro 02:33 - Part 1: The Real Sweden — How They Killed the Nordic Model and Got Rich 07:04 - Part 2: The Power Law of Prosperity — Why Socialism Fails at Scale 20:03 - Part 3: How Every Bloated Welfare State Eventually Collapses 26:39 - Part 4: The Path Forward — How America Avoids Sweden's Mistake What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER:  https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.:  https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Ketone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderQuince: Free shipping and 365-day returns at https://quince.com/impactpodAT&T Business: Switch to AT&T Business at business.att.com Incogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impactShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact Netsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/Theory Quo: Try for free PLUS get 20% off your first 6 months at https://quo.com/impact Monetary Metals: Future-proof your wealth at https://monetarymetals.com/impact Learn more about your ad choices. Visit megaphone.fm/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Welcome back to Impact Theory with Tom Bilyeu. In today's deep dive, we're unpacking the often-misunderstood story of Sweden's economic transformation—and the crucial lessons it holds for America. Our host challenges the popular narrative that Sweden's “Nordic model” is a socialist success story, revealing instead how excessive wealth redistribution led to Sweden's economic collapse in the 1990s. We'll explore how the country's dramatic shift toward market reforms reignited innovation and prosperity, and why attempts to replicate a large-scale welfare state—without robust economic growth—are doomed to fail. Drawing on global case studies, tax migration, and the pitfalls of top-down controls, you'll learn why wealth creation must come before redistribution, and why real solutions require fiscal discipline and honest debate about the costs of our social programs. If you've ever wondered what America can—and can't—learn from Sweden, this episode is for you. 00:00 - Intro 02:33 - Part 1: The Real Sweden — How They Killed the Nordic Model and Got Rich 07:04 - Part 2: The Power Law of Prosperity — Why Socialism Fails at Scale 20:03 - Part 3: How Every Bloated Welfare State Eventually Collapses 26:39 - Part 4: The Path Forward — How America Avoids Sweden's Mistake What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER:  https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.:  https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Ketone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderQuince: Free shipping and 365-day returns at https://quince.com/impactpodAT&T Business: Switch to AT&T Business at business.att.com Incogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impactShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact Netsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/Theory Quo: Try for free PLUS get 20% off your first 6 months at https://quo.com/impact Monetary Metals: Future-proof your wealth at https://monetarymetals.com/impact Learn more about your ad choices. Visit megaphone.fm/adchoices

Most people think that space-time and the physical universe are the ultimate reality—something solid and unchangeable, governed by the laws of physics. But what if that's just the tip of the iceberg? What if our everyday experience is nothing more than a kind of VR headset, a useful interface that hides the deeper layers of reality from us? I find this idea not only fascinating, but increasingly convincing, especially as breakthroughs in both physics and computational theory keep bending the boundaries of what's possible. To challenge our assumptions and help us explore what's really behind the headset, I bring you today's guest—a cognitive scientist who argues that space-time is not fundamental, and that consciousness might be the true base reality. He believes that if we figure out the code underlying the simulation, we could unlock possibilities that make nuclear weapons look like firecrackers—and that the future of science is about to blow our collective minds. With that in mind, I bring you Donald Hoffman. Ketone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderQuince: Free shipping and 365-day returns at https://quince.com/impactpodMonetary Metals: Future-proof your wealth at https://monetarymetals.com/impactTruemed: Check your eligibility and start saving at https://truemed.com/impactAT&T Business: Switch to AT&T Business at business.att.comIncogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impactShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impactNetsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/TheoryQuo: Try for free PLUS get 20% off your first 6 months at https://quo.com/impact Learn more about your ad choices. Visit megaphone.fm/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Thanks To Our Sponsor Kalshi: http://kalshi.com/r/IMPACT Welcome back to Impact Theory with Tom Bilyeu, coming to you live from London! In this episode, Tom and Drew dive into a whirlwind of urgent headlines and provocative issues facing the world today. From explosive allegations of insider trading against President Trump—with a staggering 3,700 stock trades in the first quarter of 2026 alone—to the ongoing controversy around politicians trading stocks, Tom does not hold back on why this is a dangerous conflict of interest threatening democracy. The episode also explores the escalating political battle in Kentucky, where APAC-backed super PACs are pouring unprecedented levels of funding to unseat Congressman Massie, igniting fresh debates about the corrosive role of money in politics. Tom and Drew break down the surge of government fraud investigations, the challenging realities of fraud in both red and blue states, and dissect the latest tech stories—including the wild results of AI agents left unsupervised in virtual simulations. Across the pond, the duo reflects on attending a massive—and contentious—Tommy Robinson rally in London, offering on-the-ground insights into the simmering immigration debate and cultural clashes reshaping the UK and the West. Plus: tinfoil-hat-worthy discussion on the rise of tick-borne meat allergies and whether elite meddling is behind it all. With robust debates, sharp analysis, and live audience questions, this episode promises to challenge assumptions and pull back the curtain on the powerful interests shaping our world right now. What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER:  https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.:  https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Ketone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderQuince: Free shipping and 365-day returns at https://quince.com/impactpodAT&T Business: Switch to AT&T Business at business.att.com Incogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impactShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact Netsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/Theory Quo: Try for free PLUS get 20% off your first 6 months at https://quo.com/impact Monetary Metals: Future-proof your wealth at https://monetarymetals.com/impact Learn more about your ad choices. Visit megaphone.fm/adchoices

Thanks To Our Sponsor Kalshi: http://kalshi.com/r/IMPACT Welcome back to Impact Theory with Tom Bilyeu, coming to you live from London! In this episode, Tom and Drew dive into a whirlwind of urgent headlines and provocative issues facing the world today. From explosive allegations of insider trading against President Trump—with a staggering 3,700 stock trades in the first quarter of 2026 alone—to the ongoing controversy around politicians trading stocks, Tom does not hold back on why this is a dangerous conflict of interest threatening democracy. The episode also explores the escalating political battle in Kentucky, where APAC-backed super PACs are pouring unprecedented levels of funding to unseat Congressman Massie, igniting fresh debates about the corrosive role of money in politics. Tom and Drew break down the surge of government fraud investigations, the challenging realities of fraud in both red and blue states, and dissect the latest tech stories—including the wild results of AI agents left unsupervised in virtual simulations. Across the pond, the duo reflects on attending a massive—and contentious—Tommy Robinson rally in London, offering on-the-ground insights into the simmering immigration debate and cultural clashes reshaping the UK and the West. Plus: tinfoil-hat-worthy discussion on the rise of tick-borne meat allergies and whether elite meddling is behind it all. With robust debates, sharp analysis, and live audience questions, this episode promises to challenge assumptions and pull back the curtain on the powerful interests shaping our world right now. What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER:  https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.:  https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Ketone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderQuince: Free shipping and 365-day returns at https://quince.com/impactpodAT&T Business: Switch to AT&T Business at business.att.com Incogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impactShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact Netsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/Theory Quo: Try for free PLUS get 20% off your first 6 months at https://quo.com/impact Monetary Metals: Future-proof your wealth at https://monetarymetals.com/impact Learn more about your ad choices. Visit megaphone.fm/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Most people think that space-time and the physical universe are the ultimate reality—something solid and unchangeable, governed by the laws of physics. But what if that's just the tip of the iceberg? What if our everyday experience is nothing more than a kind of VR headset, a useful interface that hides the deeper layers of reality from us? I find this idea not only fascinating, but increasingly convincing, especially as breakthroughs in both physics and computational theory keep bending the boundaries of what's possible. To challenge our assumptions and help us explore what's really behind the headset, I bring you today's guest—a cognitive scientist who argues that space-time is not fundamental, and that consciousness might be the true base reality. He believes that if we figure out the code underlying the simulation, we could unlock possibilities that make nuclear weapons look like firecrackers—and that the future of science is about to blow our collective minds. With that in mind, I bring you Donald Hoffman. Ketone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderQuince: Free shipping and 365-day returns at https://quince.com/impactpodMonetary Metals: Future-proof your wealth at https://monetarymetals.com/impactTruemed: Check your eligibility and start saving at https://truemed.com/impactAT&T Business: Switch to AT&T Business at business.att.comIncogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impactShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impactNetsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/TheoryQuo: Try for free PLUS get 20% off your first 6 months at https://quo.com/impact Learn more about your ad choices. Visit megaphone.fm/adchoices

What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER:  https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.:  https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Ketone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderQuince: Free shipping and 365-day returns at https://quince.com/impactpodAT&T Business: Switch to AT&T Business at business.att.com Incogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impactShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact Netsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/Theory Quo: Try for free PLUS get 20% off your first 6 months at https://quo.com/impact Monetary Metals: Future-proof your wealth at https://monetarymetals.com/impact In today's episode, we dive into the chaotic political landscape surrounding the Los Angeles mayoral race and the attack ads being launched against Republican candidate Spencer Pratt. We dive into the rapidly accelerating AI revolution and the political, economic, and social earthquakes already shaking American workers to the core. We wade into one of the most explosive political stories in America right now — New York City's new socialist mayor Zohran Mamdani and what his first budget actually reveals about the future of urban economics. Learn more about your ad choices. Visit megaphone.fm/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER:  https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.:  https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Ketone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderQuince: Free shipping and 365-day returns at https://quince.com/impactpodAT&T Business: Switch to AT&T Business at business.att.com Incogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impactShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact Netsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/Theory Quo: Try for free PLUS get 20% off your first 6 months at https://quo.com/impact Monetary Metals: Future-proof your wealth at https://monetarymetals.com/impact In today's episode, we dive into the chaotic political landscape surrounding the Los Angeles mayoral race and the attack ads being launched against Republican candidate Spencer Pratt. We dive into the rapidly accelerating AI revolution and the political, economic, and social earthquakes already shaking American workers to the core. We wade into one of the most explosive political stories in America right now — New York City's new socialist mayor Zohran Mamdani and what his first budget actually reveals about the future of urban economics. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to the Tom Bilyeu Show Live, broadcasting straight from London, where Tom Bilyeu and Drew break down the world's most pressing news, geopolitical power plays, and technological disruptions. In this episode, they unpack the historic Trump-Xi summit in China — what it means for the Thucydides Trap, dollar diplomacy, Iran, the Strait of Hormuz, and the looming question of Taiwan — and why Trump bringing 20 of the world's biggest CEOs (Musk, Huang, Cook, Boeing, BlackRock, Goldman) may signal the most important pivot in modern US foreign policy. The conversation moves into the Bernie Sanders and AOC bill to freeze every AI data center in the country, why young people and women are leading the pushback, and why Tom argues this is a Manhattan Project moment we cannot afford to lose to China. They debate whether AI is a doomsday weapon or the path to an age of abundance, the real cause of resentment driving anti-AI sentiment, and what happens to the workforce when the Industrial Revolution plays out in five years instead of one hundred. From there, Tom and Drew take on Kamala Harris's new policy pitch and the Democratic Party's identity crisis, Gavin Newsom's "balanced budget" sleight of hand, what Tom learned doing a deep dive on the Nordic model (spoiler: Sweden is begging us to stop calling them socialist), the math problem of open borders plus a welfare state, and why Christopher Nolan's Odyssey casting has the internet at war before the movie even hits theaters. If you want no-nonsense geopolitical analysis, a brutally honest take on AI's impact on your future, and a call to greater personal responsibility in a populist moment, this episode cuts through the noise with clarity, history, and a little bit of humor. Ketone IQ: Visit ⁠https://ketone.com/IMPACT⁠ for 30% OFF your subscription orderQuince: Free shipping and 365-day returns at ⁠https://quince.com/impactpod⁠Monetary Metals: Future-proof your wealth at ⁠https://monetarymetals.com/impact⁠Truemed: Check your eligibility and start saving at ⁠https://truemed.com/impact⁠AT&T Business: Switch to AT&T Business at ⁠business.att.com⁠Incogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: ⁠https://incogni.com/impact⁠Shopify: Sign up for your one-dollar-per-month trial period at ⁠https://shopify.com/impact⁠Netsuite: Right now, get our free business guide, Demystifying AI, at ⁠https://NetSuite.com/Theory⁠Quo: Try for free PLUS get 20% off your first 6 months at ⁠https://quo.com/impact⁠ What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business:⁠ join me here at ZERO TO FOUNDER⁠:  ⁠https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show⁠ SCALING a business:⁠ see if you qualify here.⁠:  ⁠https://tombilyeu.com/call⁠ Get my battle-tested strategies and insights delivered weekly to your inbox:⁠ sign up here.⁠: ⁠https://tombilyeu.com/⁠ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast,⁠ Tom Bilyeu's Mindset Playbook⁠ —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram:⁠ https://www.instagram.com/tombilyeu/⁠ Tik Tok:⁠ https://www.tiktok.com/@tombilyeu?lang=en⁠ Twitter:⁠ https://twitter.com/tombilyeu⁠ YouTube:⁠ https://www.youtube.com/@TomBilyeu Tom Bilyeu, Drew, Tom Bilyeu Show, Trump Xi summit, US China relations, Thucydides Trap, dollar diplomacy, Strait of Hormuz, Iran, Taiwan, rare earths, Xi Jinping, AI data centers, Bernie Sanders, AOC, Artificial Intelligence Data Center Moratorium Act, Kevin O'Leary, AGI, fast takeoff, AI race, China AI, Manhattan Project, age of abundance, job displacement, female dominated jobs, Kamala Harris, Supreme Court ethics, Clarence Thomas, gerrymandering, populism, Gavin Newsom, California budget, Nordic model, Sweden socialism, Mamdani, open borders, welfare state, immigration, Christopher Nolan, Odyssey, modern audience, GTA 6, Fourth Turning, geopolitics, 2026 Learn more about your ad choices. Visit megaphone.fm/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Welcome back to the Tom Bilyeu Show Live, broadcasting straight from London, where Tom Bilyeu and Drew break down the world's most pressing news, geopolitical power plays, and technological disruptions. In this episode, they unpack the historic Trump-Xi summit in China — what it means for the Thucydides Trap, dollar diplomacy, Iran, the Strait of Hormuz, and the looming question of Taiwan — and why Trump bringing 20 of the world's biggest CEOs (Musk, Huang, Cook, Boeing, BlackRock, Goldman) may signal the most important pivot in modern US foreign policy. The conversation moves into the Bernie Sanders and AOC bill to freeze every AI data center in the country, why young people and women are leading the pushback, and why Tom argues this is a Manhattan Project moment we cannot afford to lose to China. They debate whether AI is a doomsday weapon or the path to an age of abundance, the real cause of resentment driving anti-AI sentiment, and what happens to the workforce when the Industrial Revolution plays out in five years instead of one hundred. From there, Tom and Drew take on Kamala Harris's new policy pitch and the Democratic Party's identity crisis, Gavin Newsom's "balanced budget" sleight of hand, what Tom learned doing a deep dive on the Nordic model (spoiler: Sweden is begging us to stop calling them socialist), the math problem of open borders plus a welfare state, and why Christopher Nolan's Odyssey casting has the internet at war before the movie even hits theaters. If you want no-nonsense geopolitical analysis, a brutally honest take on AI's impact on your future, and a call to greater personal responsibility in a populist moment, this episode cuts through the noise with clarity, history, and a little bit of humor. Ketone IQ: Visit ⁠https://ketone.com/IMPACT⁠ for 30% OFF your subscription orderQuince: Free shipping and 365-day returns at ⁠https://quince.com/impactpod⁠Monetary Metals: Future-proof your wealth at ⁠https://monetarymetals.com/impact⁠Truemed: Check your eligibility and start saving at ⁠https://truemed.com/impact⁠AT&T Business: Switch to AT&T Business at ⁠business.att.com⁠Incogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: ⁠https://incogni.com/impact⁠Shopify: Sign up for your one-dollar-per-month trial period at ⁠https://shopify.com/impact⁠Netsuite: Right now, get our free business guide, Demystifying AI, at ⁠https://NetSuite.com/Theory⁠Quo: Try for free PLUS get 20% off your first 6 months at ⁠https://quo.com/impact⁠ What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business:⁠ join me here at ZERO TO FOUNDER⁠:  ⁠https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show⁠ SCALING a business:⁠ see if you qualify here.⁠:  ⁠https://tombilyeu.com/call⁠ Get my battle-tested strategies and insights delivered weekly to your inbox:⁠ sign up here.⁠: ⁠https://tombilyeu.com/⁠ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast,⁠ Tom Bilyeu's Mindset Playbook⁠ —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram:⁠ https://www.instagram.com/tombilyeu/⁠ Tik Tok:⁠ https://www.tiktok.com/@tombilyeu?lang=en⁠ Twitter:⁠ https://twitter.com/tombilyeu⁠ YouTube:⁠ https://www.youtube.com/@TomBilyeu Tom Bilyeu, Drew, Tom Bilyeu Show, Trump Xi summit, US China relations, Thucydides Trap, dollar diplomacy, Strait of Hormuz, Iran, Taiwan, rare earths, Xi Jinping, AI data centers, Bernie Sanders, AOC, Artificial Intelligence Data Center Moratorium Act, Kevin O'Leary, AGI, fast takeoff, AI race, China AI, Manhattan Project, age of abundance, job displacement, female dominated jobs, Kamala Harris, Supreme Court ethics, Clarence Thomas, gerrymandering, populism, Gavin Newsom, California budget, Nordic model, Sweden socialism, Mamdani, open borders, welfare state, immigration, Christopher Nolan, Odyssey, modern audience, GTA 6, Fourth Turning, geopolitics, 2026 Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to Impact Theory with Tom Bilyeu. In today's mind-bending episode, Tom sits down with cognitive scientist Donald Hoffman, who challenges everything you think you know about reality, consciousness, and the very fabric of our universe. What if the world around us isn't the fundamental base of existence, but rather, nothing more than a meticulously rendered simulation—an efficient computational interface, like a high-tech headset, designed to help us survive, not reveal the truth?Together, Tom and Donald dive deep into groundbreaking theories emerging from the frontlines of quantum physics and mathematics, including “positive geometries” and the idea that spacetime is not fundamental. They break down complex scientific concepts—like Markov chains and the hard problem of consciousness—into compelling metaphors drawn from video games, virtual reality, and computation.Throughout the conversation, they grapple with the illusion of free will, the meaning of “base reality,” and whether consciousness is ultimately all there is—hinting at a future where understanding the software outside the headset could make today's technology look like child's play. Whether you're a skeptic, a seeker, or just driven by unending curiosity, you're in for an episode that could forever shift your perception of what it means to be real. What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER:  https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.:  https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Ketone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderQuince: Free shipping and 365-day returns at https://quince.com/impactpodMonetary Metals: Future-proof your wealth at https://monetarymetals.com/impactTruemed: Check your eligibility and start saving at https://truemed.com/impactAT&T Business: Switch to AT&T Business at business.att.comIncogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impactShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impactNetsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/TheoryQuo: Try for free PLUS get 20% off your first 6 months at https://quo.com/impact Learn more about your ad choices. Visit megaphone.fm/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

MeidasTouch host Ben Meiselas reports on breaking news from the day. Mack Weldon: Go to https://MackWeldon.com and get 20% OFF your first order of $125 or more, with promo code: MEIDAS NetSuite: Download the CFO's guide to Al and Machine Learning at https://Netsuite.com/meidas Make laundry day the best day of the week! Get 20% off your entire order @LaundrySauce with code MEIDAS20 at https://laundrysauce.com/MEIDAS20 #laundrysaucepod Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast Cult Conversations: The Influence Continuum with Dr. Steve Hassan: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show The Ken Harbaugh Show: https://meidasnews.com/tag/the-ken-harbaugh-show Majority 54: https://www.meidastouch.com/tag/majority-54 On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Learn more about your ad choices. Visit megaphone.fm/adchoices

PPI doubled estimates at 1.4%, yields broke 5% on $39T debt, and CNBC says sell gold stocks — that's the best buy signal I've ever seen.This episode is sponsored by NetSuite. Download Netsuite's free business guide Demystifying AI at https://netsuite.com/goldThis episode is also sponsored by Outskill. Bonuses worth $5100+ if you join and attend. Grab your free seat to the 2-Day AI Mastermind: https://link.outskill.com/PETERSCHIFFAP4Kevin Warsh was confirmed as the new Fed Chair and immediately inherited a stagflation crisis: April PPI came in at 1.4% month-over-month — double the high end of estimates — pushing producer prices to 6% year-over-year. Core PPI tripled expectations at 1.0%, an annualized 12.5% rate. The CPI the day before showed 0.6% monthly with year-over-year inflation climbing to 3.8%. The 30-year Treasury yield broke above 5% for the first time in 19 years, with a bond auction requiring a 5% coupon — but unlike 2007 when the debt was $9 trillion, today it's $39 trillion.Peter Schiff argues real interest rates are crashing even as nominal rates rise, making the environment extremely bullish for gold and silver — with silver hitting $89 intraday and leading gold for the first time this cycle. He highlights CNBC analysts recommending viewers sell gold stocks as a perfect contrarian buy signal, dismantles Trump's proposed ban on corporations buying homes as socialist policy, defends Jeff Bezos against critics who blame him rather than consumers for disrupting small businesses, endorses Thomas Massie's congressional primary fight, and promotes his new 10-minute FOIA evidence video exposing the IRS conspiracy to destroy Euro Pacific Bank.Chapters:00:00 Cold Open Montage00:55 Show Begins Tech Issues01:27 New Fed Chair Firestorm03:26 CPI Breakdown April05:24 PPI Shock And Stagflation07:59 Trump Inflation And Politics09:43 Bond Yields Debt Trap13:20 Fed QE Dilemma15:39 Ad Break NetSuite AI17:01 Markets Misread Inflation18:38 Real Rates Gold Silver23:12 Metals Boom Copper Oil24:51 Tariffs Beef And Constitution29:09 Ad Break Outskill AI31:42 Stocks Ignore Inflation Bubble32:18 Bubble Mentality Critique33:10 CNBC Chart Pattern Trap34:30 Gold Stocks Contrarian Buy35:38 Mining Stocks vs AI Hype36:15 Trump Housing Ban Backlash37:46 Why Rentals Need Investors39:19 Backing Thomas Massie42:25 Trump Grip on GOP43:08 Trump China Summit Skepticism45:05 Defending Bezos and Amazon46:20 Consumers Drive Competition49:07 Living Wage Reality Check53:35 Rigged Playing Field Factors55:31 Puerto Rico Inventory Tax57:36 FOIA Bank Conspiracy Video59:05 Demanding Government Accountability01:00:35 Wrap Up and Next PlansFollow @peterschiffX: https://twitter.com/peterschiffInstagram: https://instagram.com/peterschiffTikTok: https://tiktok.com/@peterschiffofficialFacebook: https://facebook.com/peterschiffFree Reports & Market Updates: https://www.europac.comBook Store: https://schiffradio.com/booksSign up for Peter's most valuable insights at https://schiffsovereign.comSchiff Gold News: https://www.schiffgold.com/news#PeterSchiffShow #Inflation #GoldInvestingOur Sponsors:* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com* Check out Plaud AI and use my code GOLD for a great deal: https://plaud.ai* Check out Quince and use my code quince.com/gold for a great deal: https://www.quince.com* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.comPrivacy & Opt-Out: https://redcircle.com/privacy

Welcome to Impact Theory with Tom Bilyeu. In today's mind-bending episode, Tom sits down with cognitive scientist Donald Hoffman, who challenges everything you think you know about reality, consciousness, and the very fabric of our universe. What if the world around us isn't the fundamental base of existence, but rather, nothing more than a meticulously rendered simulation—an efficient computational interface, like a high-tech headset, designed to help us survive, not reveal the truth?Together, Tom and Donald dive deep into groundbreaking theories emerging from the frontlines of quantum physics and mathematics, including “positive geometries” and the idea that spacetime is not fundamental. They break down complex scientific concepts—like Markov chains and the hard problem of consciousness—into compelling metaphors drawn from video games, virtual reality, and computation.Throughout the conversation, they grapple with the illusion of free will, the meaning of “base reality,” and whether consciousness is ultimately all there is—hinting at a future where understanding the software outside the headset could make today's technology look like child's play. Whether you're a skeptic, a seeker, or just driven by unending curiosity, you're in for an episode that could forever shift your perception of what it means to be real. What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER:  https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.:  https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Ketone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderQuince: Free shipping and 365-day returns at https://quince.com/impactpodMonetary Metals: Future-proof your wealth at https://monetarymetals.com/impactTruemed: Check your eligibility and start saving at https://truemed.com/impactAT&T Business: Switch to AT&T Business at business.att.comIncogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impactShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impactNetsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/TheoryQuo: Try for free PLUS get 20% off your first 6 months at https://quo.com/impact Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to the Tom Bilyeu Show Live, where Tom and Ryan break down the world's biggest stories, the policy fights nobody wants to have honestly, and the technological shifts quietly rewriting the next decade. With Drew out sick, Ryan steps in to dig into Trump's high-stakes Beijing summit — 17 of America's most powerful CEOs in tow, rare earth metals on the table, Boeing chasing a 500-jet deal, and Xi Jinping playing the long game from a position of patient strength. The conversation expands into the Cold War 2.0 reality unfolding on US soil, as the mayor of Arcadia, California admits to acting as a foreign agent of China — and Tom unpacks why this is likely the tip of a much deeper iceberg involving farmland purchases, property near military bases, and influence operations the US has been slow to confront. From there, Tom delivers a brutal real-talk audit of Mamdani's balanced New York City budget, the Pieta Terror tax, and why the Nordic model everyone keeps invoking hasn't actually existed in Sweden for decades — using a deep economic breakdown of how Sweden quietly became one of the most capitalist countries in Europe, with more billionaires per capita than America. Then things get spicy: AI is coming for female-dominated white-collar jobs first, men are quietly migrating into the trades and data center construction, and Tom argues the unexpected force creating a new wave of "trad wives" won't be religion — it'll be ChatGPT. Plus: real-life Gundam mechs in Japan, why social safety nets don't scale past 100 million people, the Thucydides Trap looming over US-China relations, post-WWII tax rates and the myth of the 90% bracket, and a sharp closing exchange between Tom and Ryan on ambition, hormones, and whether women "wearing the pants" and women being highly capable are actually the same conversation. If you want geopolitics without the cable news spin, economics without the bumper sticker slogans, and a host willing to praise his political opposite when they get something right — this episode delivers honesty, history, and the kind of clarity that's getting harder to find. Ketone IQ: Visit ⁠https://ketone.com/IMPACT⁠ for 30% OFF your subscription orderQuince: Free shipping and 365-day returns at ⁠https://quince.com/impactpod⁠Monetary Metals: Future-proof your wealth at ⁠https://monetarymetals.com/impact⁠Truemed: Check your eligibility and start saving at ⁠https://truemed.com/impact⁠AT&T Business: Switch to AT&T Business at ⁠business.att.com⁠Incogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: ⁠https://incogni.com/impact⁠Shopify: Sign up for your one-dollar-per-month trial period at ⁠https://shopify.com/impact⁠Netsuite: Right now, get our free business guide, Demystifying AI, at ⁠https://NetSuite.com/Theory⁠Quo: Try for free PLUS get 20% off your first 6 months at ⁠https://quo.com/impact⁠ What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business:⁠ join me here at ZERO TO FOUNDER⁠:  ⁠https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show⁠ SCALING a business:⁠ see if you qualify here.⁠:  ⁠https://tombilyeu.com/call⁠ Get my battle-tested strategies and insights delivered weekly to your inbox:⁠ sign up here.⁠: ⁠https://tombilyeu.com/⁠ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast,⁠ Tom Bilyeu's Mindset Playbook⁠ —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram:⁠ https://www.instagram.com/tombilyeu/⁠ Tik Tok:⁠ https://www.tiktok.com/@tombilyeu?lang=en⁠ Twitter:⁠ https://twitter.com/tombilyeu⁠ YouTube:⁠ https://www.youtube.com/@TomBilyeu⁠ Tom Bilyeu, Tom Bilyeu Show, Impact Theory, Tom Bilyeu live, Trump Beijing, Trump China summit, Xi Jinping, US China relations, Thucydides Trap, rare earth metals, Elon Musk China, Jensen Huang, Boeing China deal, Chinese spy mayor, Arcadia California, foreign agent China, Cold War 2.0, China farmland US, Mamdani, New York City budget, Pieta Terror tax, tax the rich, DSA, democratic socialism, Sweden economy, Nordic model, Sweden capitalism, Sweden billionaires, free market, single payer healthcare, Mark Cuban healthcare, AI jobs, AI replacing women, women losing jobs to AI, trad wives, men in trades, data centers, college degrees gender gap, Gundam real, Japan mech robot, Strait of Hormuz, Iran oil, Venezuela oil, geopolitics 2026, US economy, inequality, wealth redistribution, 90 percent tax rate, post WWII economy, social safety nets, Ryan Impact Theory Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to the Tom Bilyeu Show Live, where Tom and Ryan break down the world's biggest stories, the policy fights nobody wants to have honestly, and the technological shifts quietly rewriting the next decade. With Drew out sick, Ryan steps in to dig into Trump's high-stakes Beijing summit — 17 of America's most powerful CEOs in tow, rare earth metals on the table, Boeing chasing a 500-jet deal, and Xi Jinping playing the long game from a position of patient strength. The conversation expands into the Cold War 2.0 reality unfolding on US soil, as the mayor of Arcadia, California admits to acting as a foreign agent of China — and Tom unpacks why this is likely the tip of a much deeper iceberg involving farmland purchases, property near military bases, and influence operations the US has been slow to confront. From there, Tom delivers a brutal real-talk audit of Mamdani's balanced New York City budget, the Pieta Terror tax, and why the Nordic model everyone keeps invoking hasn't actually existed in Sweden for decades — using a deep economic breakdown of how Sweden quietly became one of the most capitalist countries in Europe, with more billionaires per capita than America. Then things get spicy: AI is coming for female-dominated white-collar jobs first, men are quietly migrating into the trades and data center construction, and Tom argues the unexpected force creating a new wave of "trad wives" won't be religion — it'll be ChatGPT. Plus: real-life Gundam mechs in Japan, why social safety nets don't scale past 100 million people, the Thucydides Trap looming over US-China relations, post-WWII tax rates and the myth of the 90% bracket, and a sharp closing exchange between Tom and Ryan on ambition, hormones, and whether women "wearing the pants" and women being highly capable are actually the same conversation. If you want geopolitics without the cable news spin, economics without the bumper sticker slogans, and a host willing to praise his political opposite when they get something right — this episode delivers honesty, history, and the kind of clarity that's getting harder to find. Ketone IQ: Visit ⁠https://ketone.com/IMPACT⁠ for 30% OFF your subscription orderQuince: Free shipping and 365-day returns at ⁠https://quince.com/impactpod⁠Monetary Metals: Future-proof your wealth at ⁠https://monetarymetals.com/impact⁠Truemed: Check your eligibility and start saving at ⁠https://truemed.com/impact⁠AT&T Business: Switch to AT&T Business at ⁠business.att.com⁠Incogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: ⁠https://incogni.com/impact⁠Shopify: Sign up for your one-dollar-per-month trial period at ⁠https://shopify.com/impact⁠Netsuite: Right now, get our free business guide, Demystifying AI, at ⁠https://NetSuite.com/Theory⁠Quo: Try for free PLUS get 20% off your first 6 months at ⁠https://quo.com/impact⁠ What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business:⁠ join me here at ZERO TO FOUNDER⁠:  ⁠https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show⁠ SCALING a business:⁠ see if you qualify here.⁠:  ⁠https://tombilyeu.com/call⁠ Get my battle-tested strategies and insights delivered weekly to your inbox:⁠ sign up here.⁠: ⁠https://tombilyeu.com/⁠ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast,⁠ Tom Bilyeu's Mindset Playbook⁠ —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram:⁠ https://www.instagram.com/tombilyeu/⁠ Tik Tok:⁠ https://www.tiktok.com/@tombilyeu?lang=en⁠ Twitter:⁠ https://twitter.com/tombilyeu⁠ YouTube:⁠ https://www.youtube.com/@TomBilyeu⁠ Tom Bilyeu, Tom Bilyeu Show, Impact Theory, Tom Bilyeu live, Trump Beijing, Trump China summit, Xi Jinping, US China relations, Thucydides Trap, rare earth metals, Elon Musk China, Jensen Huang, Boeing China deal, Chinese spy mayor, Arcadia California, foreign agent China, Cold War 2.0, China farmland US, Mamdani, New York City budget, Pieta Terror tax, tax the rich, DSA, democratic socialism, Sweden economy, Nordic model, Sweden capitalism, Sweden billionaires, free market, single payer healthcare, Mark Cuban healthcare, AI jobs, AI replacing women, women losing jobs to AI, trad wives, men in trades, data centers, college degrees gender gap, Gundam real, Japan mech robot, Strait of Hormuz, Iran oil, Venezuela oil, geopolitics 2026, US economy, inequality, wealth redistribution, 90 percent tax rate, post WWII economy, social safety nets, Ryan Impact Theory Learn more about your ad choices. Visit megaphone.fm/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In this episode Mike explores the growing race for critical minerals hidden deep beneath the Pacific Ocean with mining executive Tom Albanese, Chairman of American Ocean Minerals and former CEO of Rio Tinto and Vedanta Resources. Tom has spent more than four decades in the global mining and metals business, overseeing some of the largest resource projects on earth. Now he's focused on something even more ambitious: harvesting polymetallic nodules from the ocean floor—potato-sized rocks packed with nickel, cobalt, copper, manganese, and rare earth elements that are critical to batteries, AI infrastructure, defense systems, smartphones, and modern energy technology. Mike and Tom discuss why these nodules have become one of the most hotly contested resources in the world and how the race for critical minerals has evolved into both an economic and geopolitical battle. They also explain why many companies see the deep ocean as an alternative to opening hundreds of new land mines. Hint: These nodules sit unattached on the ocean floor just waiting to be vacuumed up without need for blasting or tunneling. It's a conversation that feels part science fiction, part industrial history, and part treasure hunt. Because sometimes the next gold rush isn't in the mountains. It's sitting three miles beneath the top of the ocean. Today's episode is sponsored by PureTalk.com/Rowe Get UNLIMITED hi-speed data for just $34.99 per month! NetSuite.com/Mike Download their FREE business guide, Demystifying AI K12.com/Rowe See what's possible for your child with K12's Career and College Prep American-Giant.com/MIKE Use code MIKE to get 20% off your order.

Several passengers from the Hantavirus ship MV Hondius enter the U.S., President Trump pushes for Congress to suspend the federal gas tax amid mixed economic news, and outrage against California's ‘billionaire tax' grows. Reporting from Megan Basham. Plus, we speak with Aditi Bussells and EJ Antoni. Get the facts first with Morning Wire.- - -Ep. 2782- - -Wake up with new Morning Wire merch: https://bit.ly/4lIubt3- - -Today's Sponsors:Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text 'WIRE' to 83848 to learn more.Lean - Get 20% off when you enter code WIRE at https://TakeLean.comNetSuite - Get the free business guide, Demystifying AI, at https://Netsuite.com/MORNINGWIRE- - -Privacy Policy: https://www.dailywire.com/privacymorning wire,morning wire podcast,the morning wire podcast,Georgia Howe,John Bickley,daily wire podcast,podcast,news podcast Learn more about your ad choices. Visit podcastchoices.com/adchoices

Republicans are winning the redistricting battle after a major Democrat setback in Virginia, Iran responds to the latest U.S. peace proposal as President Trump prepares to visit Beijing, and the UK's left-wing Labour Party loses big in sweeping local elections. Get the facts first with Morning Wire. - - - Ep. 2780 - - - Wake up with new Morning Wire merch: https://bit.ly/4lIubt3 - - - Today's Sponsors: Boll & Branch - Get 15% off your first order + free shipping at https://BollAndBranch.com/wire with code wire. NetSuite - Get the free business guide, Demystifying AI, at https://Netsuite.com/MORNINGWIRE Comcast - Learn more about how Comcast is investing in a more connected America at https://ComcastCorporation.com/investment - - - Privacy Policy: https://www.dailywire.com/privacy morning wire,morning wire podcast,the morning wire podcast,Georgia Howe,John Bickley,daily wire podcast,podcast,news podcast Learn more about your ad choices. Visit podcastchoices.com/adchoices

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