Podcasts about NetSuite

Before he became the Father of His Country, George Washington was a young man with doubts, ambitions, failures, and a calling that would eventually shape a nation. Mike sits down with filmmaker and entrepreneur Jon Erwin to discuss his new film Young Washington, and to explore the remarkable true story behind America's most iconic founder. Jon also shares how he launched The Wonder Project and his mission to tell stories that elevate faith, hope, and the human spirit. Along the way, he recounts the extraordinary legacy of his grandfather, a recipient of the Medal of Honor whose courage during World War II left an indelible mark on his family. It's a conversation about character, conviction, and the people who inspire history long before history remembers their names. This July 4th, make Young Washington part of your Independence Day celebration. See the film, share it with your community, and help spark civic curiosity about the character, leadership, and founding principles that continue to shape our nation. Get tickets here: https://bit.ly/TWIHIYoungWashington Shout out to our great sponsors NormalFolks.org/Podcast to check out Army of Normal Folks, the podcast making service easier for all of us. American-Giant.com/MIKE Use code MIKE to get 20% off your order. NetSuite.AI/Mike to try NetSuite Next for FREE!

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%20showSCALING a business: see if you qualify here.: https://tombilyeu.com/callGet 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=enTwitter: https://twitter.com/tombilyeuYouTube: https://www.youtube.com/@TomBilyeuHumble House: 15% off with code TOM https://humblehousefoods.comKetone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderPaleovalley: 30 for $36 https://bit.ly/PaleovalleyITOpusClip: Explore Agent Opus at https://agent.opus.pro/exploreIncogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impactTruemed: Check your eligibility and start saving at https://truemed.com/impactEthos: Get a free quote at https://ethos.com/impactQuo: Try for free PLUS get 20% off your first 6 months at https://quo.com/impactNetsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/TheoryPique: 20% off at https://piquelife.com/impactShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impactWelcome to Impact Theory. In today's episode, Drew, Ryan, and Tom break down a chaotic week in American politics and economics, starting with the biggest housing affordability bill in decades and the private equity cap that has both parties on board, and why Trump is refusing to sign it as leverage to force a vote on the Save America Act. The conversation digs into the heart of the disagreement: voter ID, the census, and the long term question of who gets to vote, with the guys mapping out exactly where their base assumptions collide on immigration, asylum, birthright citizenship, and the four Supreme Court rulings that just landed, including the Monsanto glyphosate decision, the Hawaii gun case, and the TPS deportations. From there they tackle New York City's rent freeze and the historical disaster of rent control, inflation hitting 4.1%, and Thomas Massie accusing Trump of communism over government stakes in Intel, MP Materials, and Lithium Americas. The discussion widens into the deeper machine underneath all of it: why houses cannot stay affordable in an inflationary regime, why 70 percent of millennials lean socialist, the French Revolution warning about resentment versus greed, the controversial idea that government has started behaving like a cancer, and a proposal to invest every American in the S&P 500 from birth. They close on the economics of GTA 6 clearing 3 billion in pre sales and why AI is about to reshape the entire gaming industry. A wide ranging look at the choices defining tomorrow.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In this episode of Impact Theory with Tom Bilyeu, we dive deep into the contentious debate around wealth taxes, meritocracy, and the real mechanisms driving economic inequality. Tom reacts to the arguments presented by Gary's Economics, dissecting why wealth taxes are so polarizing among economists and the intelligentsia. Through a spirited analysis, Tom challenges emotional reasoning, highlights the fundamental differences between wealth and income, and explores the cause-and-effect behind inflation, innovation, and government tax policies. Whether you're for or against wealth taxes, this episode will challenge your assumptions about how wealth is created, taxed, and transferred—and why understanding economic cause-and-effect is more important than ever in this populist moment. Get ready for a raw and rigorous conversation about the real levers of prosperity and why our current debates often miss the point.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%20showSCALING a business: see if you qualify here.: https://tombilyeu.com/callGet 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=enTwitter: https://twitter.com/tombilyeuYouTube: https://www.youtube.com/@TomBilyeuKetone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderPaleovalley: 30 for $36 https://bit.ly/PaleovalleyIOpusClip: Explore Agent Opus at https://agent.opus.pro/exploreIncogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impactTruemed: Check your eligibility and start saving at https://truemed.com/impactEthos: Get a free quote at https://ethos.com/impactQuo: Try for free PLUS get 20% off your first 6 months at https://quo.com/impactNetsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/TheoryPique: 20% off at https://piquelife.com/impactShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impactSee 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%20showSCALING a business: see if you qualify here.: https://tombilyeu.com/callGet 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=enTwitter: https://twitter.com/tombilyeuYouTube: https://www.youtube.com/@TomBilyeuKetone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderPaleovalley: 30 for $36 https://bit.ly/PaleovalleyITOpusClip: Explore Agent Opus at https://agent.opus.pro/exploreIncogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impactTruemed: Check your eligibility and start saving at https://truemed.com/impactEthos: Get a free quote at https://ethos.com/impactQuo: Try for free PLUS get 20% off your first 6 months at https://quo.com/impactNetsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/TheoryPique: 20% off at https://piquelife.com/impactShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impactWelcome to a no holds barred breakdown of the political and economic forces reshaping America right now. In this episode, Drew, Tom, and Ryan dig into the leftward lurch of the Democratic Party, unpacking the DSA wave behind Mamdani's New York sweep and what it means when self-described communists start winning the safest Democratic seats in the country. The conversation traces how populism is fueled by economic anxiety, why both parties keep racing to the extremes, and whether finding the way back to the middle is even possible anymore. From there, they get into the hard economics: why socialist and communist policies historically break the economy, the calorie-storage origin of the social contract, the freeloader problem that sinks societies, and the real fight over wages, corporations, and whether companies like Walmart and Amazon are the villains people think they are. They take on Trump's threat to sic the DOJ on big oil for price gouging, why government price controls always fail, and how the OPEC cartel and regulatory capture are the actual problems behind what you pay at the pump. The discussion turns global with a hard look at USAID, the claim that foreign aid has been quietly funding NGOs and destabilization movements abroad, Japan dumping US treasuries amid its liquidity crisis, and the financial repression playbook Washington may use to inflate its way out of a crushing national debt. They weigh in on Congress voting to curb hostilities with Iran and what it means for negotiating power. Finally, the episode goes deep on one of the most important debates of the next decade: a Michigan city council banning the pride flag, Muslim immigration and assimilation, whether Islam has had its reformation, separation of church and state, and the candid clash over whether America is truly a Christian nation or simply shaped by Christian values. Whether you're here for sharp political analysis, hard economic truth, or a deeper look at the values shaping society, this episode offers a nuanced, unflinching take on how today's choices will define tomorrow.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Giannis Antetokounmpo Trade & NBA Draft BLOWS UP Gil's Arena as the Gil's Arena Crew reacts to a wild start of the NBA offseason as the Greek Freak's nasty divorce with the Milwaukee Bucks finally came to an end with a blockbuster trade to the Miami Heat and the next generation of NBA Superstars entered the league in one of the most loaded drafts in NBA History. They tip things off by breaking down AJ Dybantsa landing with the Washington Wizards as the #1 overall pick in the draft and discuss what the superstar from BYU brings to this Wizards squad that's looking to build around Trae Young & Anthony Davis to finally get back into the NBA Playoffs. They also discuss Darryn Peterson landing with the Utah Jazz at #2 despite his up and down college season and highlight Darius Acuff Jr as the biggest steal in the class as the projected top 5 pick slid all the way to #7 with the Sacramento Kings. They then give their biggest winners and losers of the 1st Round and debate which rookie will have the biggest impact this coming season, before moving on to the biggest news of the NBA Offseason so far as Giannis Antetokounmpo was dealt to the Miami Heat in one of the biggest blockbuster trades in NBA History. They give their reaction to the Greek Freak taking his talents to South Beach and debate if the former MVP's presence alongside Bam Adebayo and a murky bench moves the needle for a Miami Heat team desperately looking to make a deeper run in the NBA Playoffs. They also examine the Milwaukee Buck's return for their franchise superstar and debate if the team got enough assets in the mega trade before analyzing the Boston Celtics' place in the entire saga as they were rumored to put Jaylen Brown on the market to try and land Giannis, potentially destroying their relationship with their Finals MVP. Finally, they react to Austin Reaves signing a max contract to stay with the Los Angeles Lakers ahead of NBA Free Agency and debate if Luka Doncic & Lemon Daddy are the superstar duo the Lakers need to make a push for an NBA Title. 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/... If prescribed, new sexual health patients get $15 off their first order of Sparks on a recurring plan. Connect with a provider at https://ro.co/ARENA to find out if prescription Ro Sparks are right for you. 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 0:01:57 AJ Dybantsa Goes #1 In The NBA Draft 0:09:19 Breaking Down The Wizards Roster 0:37:26 Darryn Peterson Goes #2 To The Jazz 0:49:45 Kings Get A Steal With Acuff Jr 1:17:26 Giannis Traded To The Miami Heat 1:28:04 Learn more about your ad choices. Visit megaphone.fm/adchoices

MeidasTouch host Ben Meiselas reports on breaking news from the day. Zbiotics: Head to https://zbiotics.com/MEIDAS to get 15% off your first order when you use MEIDAS at checkout. Netsuite: Download the CFO's guide to Al and Machine Learning at https://Netsuite.com/meidas Smart Credit: Go to https://SmartCredit.com/meidas and start your 7-day trial for just $1. Subscribe to Meidas+ at https://meidasplus.com Get Meidas Merch: https://store.meidastouch.com 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

You know when you scroll past another headline about Elon Musk, and a part of you can't help but wonder—is the system REALLY this unfair… or are we just missing something? In this episode, we're diving into the wild story of how Elon Musk became the world's first trillionaire, why so many people immediately called it a crime, and what's actually broken in our economy (hint: it's not what you think). If you're sick of feeling like the game is rigged and want to REALLY understand what's going on behind the scenes—buckle up.We're breaking down how money truly works, what inflation is doing to your daily life, and why regular folks like Juan, a SpaceX welder turned millionaire, prove there's actually more opportunity than most of us realize. Plus, you'll get the brutal truth about modern financial systems, AI hype, market manipulation, and why those “burn it all down” hot takes are more destructive than you think.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%20showSCALING a business: see if you qualify here.: https://tombilyeu.com/callGet 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=enTwitter: https://twitter.com/tombilyeuYouTube: https://www.youtube.com/@TomBilyeuKetone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderPaleovalley: 30 for $36 https://bit.ly/PaleovalleyITOpusClip: Explore Agent Opus at https://agent.opus.pro/exploreIncogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impactTruemed: Check your eligibility and start saving at https://truemed.com/impactEthos: Get a free quote at https://ethos.com/impactQuo: Try for free PLUS get 20% off your first 6 months at https://quo.com/impactNetsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/TheoryPique: 20% off at https://piquelife.com/impactShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact00:00 - Intro02:26 - Part 1: Yes, The Game Is Rigged10:50 - Part 2: What is Wealth & How is it Created?26:55 - Part 3: How to Deal with a Rigged GameSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

ITU: Ready to break through your biggest business bottleneck? Apply to work with me 1:1 - https://impacttheory.co/SCALESign up for my next FREE A.I. class here: https://tombilyeu.com/leverage-ai-july-9?utm_campaign=ai-masterclass&utm_source=x&utm_medium=social&utm_content=post-260407-1Welcome back to Impact Theory with Tom Bilyeu with Producer/Cohost Drew and channel Moderator, Ryan. In today's episode, Tom dives into a whirlwind of global events and economic shake-ups. From chaotic Iranian negotiations that seesawed all weekend, to Israel's hardline stance in Lebanon, the rise of the right in South America, and Xi Jinping's crackdown on dissent—even for those outside China—they unpacks the truth behind the headlines.Tom questions the sustainability of current political strategies, analyzes the never-ending economic debates around inflation, government spending, and student loans, and dissects the cultural roots of conflict in the Middle East.Expect candid commentary on populism in the UK, why America is so deeply tied to Israel, and a powerful conversation about personal responsibility in the age of AI and social change. If you're seeking bold perspectives on the forces shaping our world, this episode delivers unfiltered insight and actionable wisdom.Chapters:00:00 Online behavior vs real-life actions05:19 Iran nuclear inspection agreement13:18 Political upheaval and global tensions16:09 Progress on Middle East Peace Talks23:52 Grappling with extreme defense strategies27:05 How lobbying influences politicians34:26 Iran-Israel tensions and conflict38:52 Cultural responses to conflict42:35 Brexit, migration, and labor dynamics47:13 Economic growth and deregulation discussion54:25 Reflecting on Personal Challenges58:30 Discussing wealth tax impacts01:07:12 Student loan debt and consequences01:10:22 Discussing student loan discipline01:17:46 Student loan forgiveness debate01:23:32 Innovations changing survival challenges01:24:37 Devotion and service in religion01:34:12 Overcoming obstacles with small steps01:35:38 Struggling with AI advancementsSponsors: Ketone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderPaleovalley: 30 for $36 https://bit.ly/PaleovalleyITOpusClip: Explore Agent Opus at https://agent.opus.pro/exploreIncogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impactTruemed: Check your eligibility and start saving at https://truemed.com/impactEthos: Get a free quote at https://ethos.com/impactQuo: Try for free PLUS get 20% off your first 6 months at https://quo.com/impactNetsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/TheoryPique: 20% off at https://piquelife.com/impactShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impactSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On this episode of Run the Numbers, CJ sits down with Confluent CFO Rohan Sivaram to talk goal setting, prioritization, consumption-based pricing, hybrid zero-based budgeting, and the frameworks finance leaders use to scale companies. Rohan shares why he carries his 12-month goals with him, how he evaluates opportunities through TAM, technology, and team, and why usage-based pricing changes the entire operating model.—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/rohan-sivaram-69007b7/Company: https://www.confluent.io/CJ: https://www.linkedin.com/in/cj-gustafson-13140948/Mostly metrics: https://www.mostlymetrics.com—RELATED EPISODES:A CFO Explains Marketplaceshttps://youtu.be/LpbH9GpBrSY—TIMESTAMPS:0:00 Preview and Intro2:26 Writing down 12-month goals and carrying them6:33 Rule of 168: 168 hours a week7:36 Delegation and calendar management9:25 Learning to say no: cultural shift11:32 Sponsors — EY | SpendHound | Brex14:29 Joining Confluent: the state of the company16:57 Building blocks of a budgeting process19:46 Execute, learn, adapt21:59 Healthy tension in the planning cycle22:26 Sponsors — Aleph | RightRev | Rillet25:46 What is hybrid zero-based budgeting?30:37 Moving from subscription to consumption pricing32:22 Why this was a one-way door33:56 New metrics required in a consumption business35:28 Evaluating job opportunities: the three T's37:39 Networking and reciprocity39:54 Lightning round40:04 Screwed up: free cash flow sign error42:03 Advice to younger self: take more risks42:38 Finance software stack43:00 AI tools the team has built43:44 Credits

Tesla CEO Elon Musk teased a couple of different quality-of-life improvements for FSD Supervised that he says are on the way soon. Plus: some Cybercab specs have been revealed, BMW reveals a concept for its upcoming quad motor M3 EV, and more! 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. 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 any Patreon tier! WIN AN EV WHILE GIVING TO A GREAT CAUSE: For your chance to win your dream EV (or $50k cash!) in the 2026 ChesedChicago raffle, head to https://ccraffle.com/?utm_source=ridethelightning&utm_medium=podcast&utm_campaign=06.14.26 -- Hurry, tickets are limited and only 9,999 tickets will be sold, get your tickets today and use code RTL for $25 off 2 tickets or $500 off 15 tickets. Whether you win or not, you're helping a great organization help families in need. NEW: Level up your business with NetSuite by Oracle! Get your free business guide, Demystifying AI, at https://www.netsuite.com/lightning  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 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 $25 discount.

Welcome back to Impact Theory! In this powerful continuation, Tom dives deep with former CIA officer Andrew Bustamante to unravel the complex dynamics shaping America's political and economic landscape. What would it take to restore faith in democracy and secure the future of the middle class? Together, they debate the difference between vision-driven leadership and populist emotion, confront the tough realities of economic uncertainty, and explore how individuals—against overwhelming odds—can build security and opportunity in their own lives. With honesty and urgency, this episode challenges us to think critically about the mechanisms driving society, the moral obligations we hold, and whether true change is even possible. Don't miss this candid conversation on leadership, wealth, and the future of America.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%20showSCALING a business: see if you qualify here.: https://tombilyeu.com/callGet 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=enTwitter: https://twitter.com/tombilyeuYouTube: https://www.youtube.com/@TomBilyeuPique: 20% off at https://piquelife.com/impactTruemed: Check your eligibility and start saving at https://truemed.com/impactQuo: Try for free PLUS get 20% off your first 6 months at https://quo.com/impactNetsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/TheoryQuince: Free shipping and 365-day returns at https://quince.com/impactpodPlaudAI: Get 10% off with code IMPACT at https://plaud.ai/impactWhatnot: Download the Whatnot app today and get free shipping on your first order.ATT Business: Switch to AT&T Business at business.att.comShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impactKetone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

ITU: Ready to break through your biggest business bottleneck? Apply to work with me 1:1 - https://impacttheory.co/SCALESign up for my next FREE A.I. class here: https://tombilyeu.com/leverage-ai-july-9?utm_campaign=ai-masterclass&utm_source=x&utm_medium=social&utm_content=post-260407-1Welcome back to another episode of The Tom Bilyeu Show with Tom and channel moderator, Ryan. The conversation today focused on the world's most pressing geopolitical flashpoints and the way they expose deeper truths about global power, economics, and cultural identity.One concept discussed was the fragile state of negotiations in international hotspots like the Strait of Hormuz, with the panel exploring how asymmetric warfare and economic leverage continue to shape the ambitions of nations such as Iran, Israel, Russia, and Ukraine. A key theme that emerged was the complex interplay between ideology, values, and survival, especially in the context of heated debates over immigration, assimilation, and national identity in the US, UK, and EU.The discussion explored controversial statements around the necessity of assimilation, the strengths and weaknesses of diversity, and the role of government in shaping individual and collective destinies. Several points were raised, including the long historical cycles of conflict, the evolution of tech and economics, and the personal responsibility each citizen bears in turbulent times.Whether addressing the failures of major powers to enforce order or the disruptive potential of rapid technological advancement, this episode challenges listeners to critically examine the values and realities that underpin our modern society.Chapters:00:00 Economic tensions in Strait of Hormuz09:00 Trump's negotiating strategy and leverage16:45 Losing faith in US power21:34 European support boosts Ukraine's defense27:07 Putin's Paranoia and Military Trust Issues28:15 Putin's potential future conflicts36:20 Middle East conflict escalation debate41:33 Rothschilds and British Empire influence47:32 Rothschild family and political influence52:12 Discussing Israeli-Palestinian Conflict55:01 Debating the Israel-Palestine conflict59:55 Discussing Cultural Identity and Values01:05:39 Economic impact of immigration policies01:15:15 Missing Jordan Peterson's Influence01:19:48 Cultural division and gaming industry01:23:49 Understanding assimilation in the USA01:27:01 Discussing kids coming out as trans01:34:41 Forming Interest-Based Groups01:42:13 Finding purpose in children's entertainment01:46:53 Frustration with U.S. economic policy01:49:34 Embracing resilience and innovation01:53:31 Signing off and well wishesSponsors:Ketone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderPaleovalley: 30 for $36 https://bit.ly/PaleovalleyITIncogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impactOpusClip: Explore Agent Opus at https://agent.opus.pro/exploreTruemed: Check your eligibility and start saving at https://truemed.com/impactEthos: Get a free quote at https://ethos.com/impactQuo: Try for free PLUS get 20% off your first 6 months at https://quo.com/impactNetsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/TheoryPique: 20% off at https://piquelife.com/impactShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impactSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

President Trump signs the deal with Iran amid backlash from Republicans, a bombshell report says sexual abuse may have affected more than 250,000 victims in Britain, and the MLB backpedals after “warning” Christian players against adding Bible verses to their “Pride Night” caps. Reporting from Ben Domenech and Lynden Blake. Plus, we speak with Sammy Woodhouse. Get the facts first with Morning Wire.- - -Ep. 2847- - -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. What starts in women's sports spreads to schools, medicine, and parental rights. This is our moment to push back. Stand with Alliance Defending Freedom today.Comcast - Learn more about how Comcast is investing in a more connected America at https://ComcastCorporation.com/investment NetSuite - For the first time ever you can try NetSuite Next for free. Go to https://NetSuite.AI/MORNINGWIRE. Built for every industry. Ready for every boardroom.- - -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

In this episode of Impact Theory, Tom Bilyeu sits down with former CIA officer Andrew Bustamante for a deep-dive into the hidden mechanics shaping global affairs. Together, they unravel the complexities of America's ongoing entanglement with Iran, explore the paradoxes of the military-industrial and financial complexes, and question the narratives spun by governments and media alike. Bustamante shares insider perspectives on why uncertainty in the Middle East can benefit American interests, the real motivations behind U.S. interventions, and why the nuclear threat from Iran may be more propaganda than reality. Get ready for a thought-provoking conversation about power, legacy, and the uncertain future of global leadership in an era of accelerating change and systemic interdependence.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%20showSCALING a business: see if you qualify here.: https://tombilyeu.com/callGet 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=enTwitter: https://twitter.com/tombilyeuYouTube: https://www.youtube.com/@TomBilyeuPique: 20% off at https://piquelife.com/impactTruemed: Check your eligibility and start saving at https://truemed.com/impactQuo: Try for free PLUS get 20% off your first 6 months at https://quo.com/impactNetsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/TheoryQuince: Free shipping and 365-day returns at https://quince.com/impactpodPlaudAI: Get 10% off with code IMPACT at https://plaud.ai/impactWhatnot: Download the Whatnot app today and get free shipping on your first order.ATT Business: Switch to AT&T Business at business.att.comShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impactKetone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In this episode of Run the Numbers, CJ sits down with Jake Kornreich, CFO of CoLab and former CFO of Own, live from the New York Stock Exchange. Jake breaks down the six-part framework behind Own's $2.1B sale to Salesforce, why “control your destiny” matters, how CFOs should think about IPO readiness, board communication, share price theater, and why great finance leaders operate beyond the spreadsheet.—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 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.com—LINKS: Mostly Talent: https://mostlymetrics.typeform.com/to/cLTxtAsNGuest: https://www.linkedin.com/in/jake-kornreich/Company: https://www.colabsoftware.com/CJ: https://www.linkedin.com/in/cj-gustafson-13140948/Mostly metrics: https://www.mostlymetrics.comTIMESTAMPS:0:00 Preview and Intro2:20 First stock3:28 Benefits of going public today5:42 Come-up: chief of staff to CFO6:31 Running HR like a sales org8:32 Control your destiny9:24 Synergies with Salesforce10:09 Sponsors — Rillet | EY | SpendHound13:10 Do your own ROI due diligence14:40 Share price equals entertainment16:26 Disciplined execution17:45 Performance, not stories19:24 Activist investors and the acquirer's board20:13 Write the memo for the other side20:45 Sponsors — Brex | Aleph | RightRev24:02 Triangulate your way to success25:18 Your board takes snapshots, you run the movie26:21 Knowing when to sell27:16 Valuation limits your exit options27:38 Stakeholder comms during the acquisition29:58 CFO as operator, not just function31:31 What is CoLab?32:09 Why Jake joined post-Series C33:50 Personal product market fit for CFOs35:27 Lightning round35:42 Screwed up: $5M budget error36:17 Advice to younger self36:41 Finance software stack37:34 Culture of expense discipline38:22 Credits

Sponsors: Pique: 20% off at https://piquelife.com/impactTruemed: Check your eligibility and start saving at https://truemed.com/impactQuo: Try for free PLUS get 20% off your first 6 months at https://quo.com/impactNetsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/TheoryQuince: Free shipping and 365-day returns at https://quince.com/impactpodPlaudAI: Get 10% off with code IMPACT at https://plaud.ai/impactWhatnot: Download the Whatnot app today and get free shipping on your first order.ATT Business: Switch to AT&T Business at business.att.comShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impactKetone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderWelcome back to another episode of The Tom Bilyeu Show with Cohost Drew and moderator, Ryan! The conversation focused on a whirlwind of pressing global and domestic issues shaping today's world. The discussion explored the evolving negotiations between the US and Iran, questioning the mysterious terms of a new “deal” and the shifting sands of Middle Eastern politics. Several points were raised, including the challenges of US debt refinancing, the economic ripple effects of AI investment, and Japan's pivotal role in global debt markets.One concept discussed was the increasing calls to overhaul tax policies, examining whether taxing capital gains like ordinary income truly addresses the nation's financial woes—or if it instead threatens the innovation engine powering the US economy. The episode also tackled stories from the FBI's headline-grabbing terror prevention efforts, to dramatic revelations involving non-profits and undercover operations, to the relentless advance of surveillance technology, including insect-sized drones.A key theme that emerged was the existential tension between government intervention, personal responsibility, and technological progress—with cultural, economic, and ethical implications unpacked at every turn. Whether examining the West's response to social media, the future of AR glasses, or the cycle of business innovation and decline, the conversation painted a vivid picture of a world in flux, demanding both critical scrutiny and bold action.Chapters: 00:00 JD Vance on US-Iran negotiations07:56 Iran's strategy during US midterms11:29 Economic focus for Middle East peace22:33 Trump's economic leverage with Iran24:11 Economic strategies and potential impacts30:56 Questioning the drone attack plot38:22 Japan's economic challenges post-COVID39:37 AI investment and financial concerns44:51 Discussing new tax proposals53:42 Critique of Economic Approaches56:42 Inherited debt and tax myths01:02:07 Discussing budget cuts and taxation01:08:29 Discussing national debt solutions01:13:31 Criticism of Southern Poverty Law Center01:17:35 Questioning goodness of NGOs01:23:19 Privacy concerns in online safety01:27:50 Future of AR Glasses and Contacts01:32:53 Future AI and reality confusion01:41:15 Industry veterans discuss company failures01:44:01 Startup lifecycle and innovation turnover01:48:28 Reevaluating Game Development StrategiesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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

You ever look around and think, holy crap, everyone is losing their damn minds? All this political rage, anxiety over money, and people choosing “sides” like it's the Hunger Games — it's actually NOT a glitch in your system. This is the episode that finally pulls back the curtain and exposes why it's happening, what history tells us about these moments, and just how dangerous things could get if we don't fix the TRUE root cause.We're diving deep into the cycle of populism, that scary time in history when ordinary people become capable of unthinkable things, all because of emotional reasoning and economic panic. Whether you're worried about the next election, feeling anxious about rising prices, or just sick of the anger and division, this is the context you need to see through the chaos.00:00 - Intro02:08 - It's The Economy Stupid08:43 - You Are Not Who You Think You Are20:11 - The Two Ways Our Current Era EndsPique: 20% off at https://piquelife.com/impactTruemed: Check your eligibility and start saving at https://truemed.com/impactQuo: Try for free PLUS get 20% off your first 6 months at https://quo.com/impactNetsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/TheoryQuince: Free shipping and 365-day returns at https://quince.com/impactpodPlaudAI: Get 10% off with code IMPACT at https://plaud.ai/impactWhatnot: Download the Whatnot app today and get free shipping on your first order.ATT Business: Switch to AT&T Business at business.att.comShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impactKetone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderWhat'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%20showSCALING a business: see if you qualify here.: https://tombilyeu.com/callGet 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=enTwitter: https://twitter.com/tombilyeuYouTube: https://www.youtube.com/@TomBilyeuSee 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%20showSCALING a business: see if you qualify here.: https://tombilyeu.com/callGet 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=enTwitter: https://twitter.com/tombilyeuYouTube: https://www.youtube.com/@TomBilyeuPique: 20% off at https://piquelife.com/impactTruemed: Check your eligibility and start saving at https://truemed.com/impactQuo: Try for free PLUS get 20% off your first 6 months at https://quo.com/impactNetsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/TheoryQuince: Free shipping and 365-day returns at https://quince.com/impactpodPlaudAI: Get 10% off with code IMPACT at https://plaud.ai/impactWhatnot: Download the Whatnot app today and get free shipping on your first order.ATT Business: Switch to AT&T Business at business.att.comShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impactKetone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderThe most advanced AI model ever built just got pulled by the US government over security concerns — and the real story behind why is bigger than it looks…"The conversation focused on breaking down the latest global events and their implications—from the controversial end of the Iran war and its lopsided peace deal, to the shutdown of Anthropic's Fable 5 AI model by the U.S. government over security concerns. The discussion explored whether the U.S. is negotiating from a place of strength or weakness, delved into the economics and politics of the recent Iran deal, and raised critical questions about America's standing as a global power. Several points were raised, including the real-world impact of massive reparations to Iran, the re-opening of the Strait of Hormuz, the shifting dynamics in U.S.-Israel relations, and what these changes signal for the future of U.S. foreign policy.A key theme that emerged was the economic ripple effect of AI investment and innovation war with China, the dangers of regulatory capture in the AI space, and the precarious balance between safety and competition. The dialogue also touched on political polarization in the U.S., the rise of anti-capitalist rhetoric, wealth inequality, and new immigration policies in Sweden as a window into the future of Western democracies. Listeners are in for a timely, thoughtful analysis of how today's decisions are shaping tomorrow's world.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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

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

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

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

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/adchoices

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 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/adchoices

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.

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

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.

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/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

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