Podcast appearances and mentions of Reed Hastings

Who can best help children learn—AI or humans? In this special episode shared on behalf of Bellwether, a nonprofit transforming education for young people, Netflix co-founder Reed Hastings argues that AI could move education beyond the one-size-fits-all classroom toward individualized learning. Education entrepreneur Mike Goldstein pushes back, asking whether technology can overcome students' lack of motivation—or replace the human relationships and social connection that help them learn. First, Ravi Gupta empties his notebook on the political stories shaping the midterms, from Trump's economic troubles to the Senate races that could shift the balance of power. Special thanks to Bellwether for sharing this conversation, featuring Reed Hastings and Michael Goldstein and moderated by Andrew Rotherham. -Pre-order Ravi's new book, The Invisible List:https://readinvisiblelist.com/ -Join the Invisible Posse:https://readinvisiblelist.com/posse -See upcoming book events:https://readinvisiblelist.com/events -Interested in hosting Ravi for an Invisible List event in your city? Email alexis@orangeboatmedia.com. Find Lost Debate and Ravi Gupta -Subscribe to our YouTube channel: https://www.youtube.com/@LostDebate -Get show notes and email updates: https://thelostdebate.substack.com/ -Read Ravi's Substack: https://realravigupta.substack.com 

The Matrix looks more and more like the perfect allegory for the modern age. States, corporations, social systems, and even ideas have a mind of their own, and they are hungry. By participating blindly and uncritically in these systems, we feed them, and they take over more and more of our lives. Sources:• Dawkins, The Selfish Gene (1976)• Earth.org / Environment+Energy Leader fast-fashion waste roundups (2025–26)• Reed Hastings, Netflix earnings call / Summit LA17 remarks (2017)• Tristan Harris, Senate testimony (2017)• Dale & Krueger, NBER working paper (1999) / QJE (2002); follow-up NBER (2011) / Journal of Human Resources (2014) • ProPublica & *The Chronicle of Higher Education*, “The Newest College Admissions Ploy: Paying to Make Your Teen a 'Peer-Reviewed' Author,” May 2023. Hosted on Acast. See acast.com/privacy for more information.

In 2017, James Dacombe dropped out of high school to found brain monitoring startup CoMind. Four years later, he took a Thiel Fellowship to skip college and build his first startup. Now the 25-year-old is Europe's youngest self-made billionaire thanks to his two-year-old chipmaking company Olix, as well as an undisclosed stake in CoMind—which he still runs separately.  Founded in 2024, Dacombe's London-based Olix tripled its valuation in six months to $3.3 billion in early August, after raising $312 million from investors including NYC-based investment firm Fundomo, Nasdaq-listed chip designer Arm, American quant fund Hudson River Trading and Netflix cofounder Reed Hastings. The UK government's Sovereign AI fund also backed Olix in the round. The new round pushes Dacombe, who owns an estimated 30% of the company, into the three comma club. He also has a 12% stake in CoMind, which raised $102.5 million in August 2025 but did not disclose its valuation. Olix and CoMind did not respond to Forbes' request for comment. Dacombe is one of eleven self-made billionaires in the world who have yet to turn 30 and one of just four from outside the U.S. By Alicia Park, Reporter and Iain Martin, Forbes Staff Learn more about your ad choices. Visit megaphone.fm/adchoices

Netflix Is Struggling to Stay on Top…. and the Stock Reflects It For years, Netflix has been the dominant force in streaming, consistently taking market share from its competitors. However, recent data suggests the competition is beginning to chip away at that lead.   Netflix reported earnings last week, and the results showed a company that is executing well. Profits continue to grow, customer cancellations remain among the lowest in the industry, and the company is still producing blockbuster franchises like Bridgerton and Stranger Things that attract millions of viewers.   The concern in the report wasn't profitability, it was engagement. Viewer engagement measures how much time subscribers spend watching content and how often they complete a movie or series. The more engaged customers are, the less likely they are to cancel their subscription in favor of another streaming service. That's why this metric is so important.   Netflix still accounted for 7.8% of total TV viewing in April, making it the largest subscription streaming platform. However, that was its lowest share since May 2025, suggesting competitors are gradually gaining ground.   The stock has reflected those concerns, declining roughly 40% over the past year despite continued earnings growth. I've always liked what Netflix co-founder Reed Hastings had to say as he frequently emphasized the importance of staying focused and keeping the business simple. That's a philosophy that has served our investment firm well over the years.   Now, with increasing competition from Disney, HBO Max, YouTube, and others, Netflix is reportedly exploring additional subscription offerings similar to what Amazon and Apple provide. Personally, I think that would be a mistake.   At this year's Emmy Awards, Netflix earned 111 nominations. Instead of expanding into new subscription services, why not invest even more heavily in creating award-winning shows and movies? If they produced enough quality content to earn 120 or even 130 Emmy nominations next year, subscriber engagement would likely take care of itself.   Sometimes the best strategy isn't to do more, it's to do one thing exceptionally well. What do you think? Have you canceled or considered canceling your Netflix subscription? Or do you still believe Netflix offers the best streaming service?   U.S. oil supplies are falling to concerning levels U.S. oil inventories have fallen to levels that should be a concern. The current U.S. oil stockpile is just under 410 million barrels. On a seasonal basis, we have not seen inventories this low since 2018. The seasonal comparison is important because summer is one of the highest-consumption periods of the year.   The U.S. consumes about 20.6 million barrels of oil per day, produces approximately 13.9 million barrels per day, and relies on imports for roughly 7 million barrels per day. At the same time, the United States exports about 4 million barrels of oil per day, likely because companies can receive higher prices for that oil in international markets. If we somehow stopped producing and importing oil entirely, the current commercial stockpile would last roughly 20 days.   The Strategic Petroleum Reserve, which has been reduced to approximately 317 million barrels, is also at its lowest level since 1983. At current consumption rates, that reserve would represent roughly 15 days of consumption.   Replenishing U.S. oil inventories to higher levels could take many months or even years. Now with WTI oil around $90 a barrel that higher price could actually be a good thing.   You may be wondering why I would say that, especially since higher oil prices often mean higher gas prices at the pump, but higher gas prices may encourage consumers and businesses to reduce their energy consumption. A lower consumption rate could help slow the decline in inventories and give the U.S. a chance to rebuild its oil supplies.   Over the last six months, have you found yourself reducing your energy usage? And do you plan to reduce your consumption going forward?   Banks Had a Great Quarter, Is It Time to Invest? Last week, the banks reported financial results that topped estimates for both earnings and revenue. They also showed improved efficiency as expenses declined as a percentage of revenue. After such a strong quarter, you might think the coast is clear and it's time to invest in the banking sector.   For the cautious investor, however, it's important to look at the other side of the coin. I'm not expecting the banks to fall dramatically but returns going forward could be more muted because of several factors.   First, there is net interest margin, which measures the difference between what a bank earns on its assets and what it pays depositors and debt holders to borrow money. Banks now have very large balance sheets, so even if net interest margins decline, the dollar amount of profits can remain substantial. However, further pressure on margins could still become a headwind for future earnings growth.   There are also other risks for conservative investors to consider. The ongoing situation with Iran could create additional uncertainty. The AI boom could experience a rough patch, and while the economy and labor markets appear strong right now, investors cannot ignore the possibility of an economic slowdown.   Rising interest rates could also prove difficult for banks if rates move significantly higher from current levels, potentially putting pressure on their profit margins. The good news is that bank valuations are not excessively high, which could help limit the downside risk in the event of a market pullback.   To be clear, we are not anticipating a major decline in the banks we hold in our portfolio. However, investors should make sure the banks they own have very strong balance sheets. Strong capital positions and manageable debt can help reduce downside risk if the economic environment becomes more challenging. A strong quarter is certainly a positive sign for the banks, but investors should remember that great earnings today do not always guarantee great returns tomorrow. Valuation, balance-sheet strength, and the economic environment will all play an important role in determining future returns.   Are new homes actually a better deal than existing homes? There is an interesting trend developing in the housing market: the median price of a newly built home is now lower than the median price of an existing home. Historically there has been about a 20% premium for new homes.   At first, that sounds surprising. New homes are typically more expensive, so how can they now be cheaper? One major reason is that the type of new homes being built and sold has changed. Builders are increasingly focusing on smaller homes, townhomes, and more affordable developments. Townhouses now account for about one in five new single-family homes, which is the highest share since the National Association of Home Builders began tracking the data in 1985. In many cases developers are focusing on attainable homes for the middle-class which means the homes are roughly 1,200 to 2,000 square feet on smaller lots. As a result, the median price of a new home can look lower than the median price of an existing home, even though that doesn't necessarily always mean buyers are getting more house for their money.   In other words, the comparison isn't always apples to apples. A new townhome or smaller home may have a lower price than an older, larger single-family home. That can make new construction appear to be a better deal, but buyers need to carefully consider what they are actually comparing.   There are some real advantages to buying new. Builders are offering incentives such as mortgage-rate buydowns and assistance with closing costs. These lower rates make the monthly payment lower and more achievable than a comparable existing home. New homes typically require less maintenance, come with modern finishes and new appliances, are more energy efficient, and often come with warranties.   But there are risks and a big one many people may not consider is lower resale value. Many of these new home developments only provide a handful of floorplans and they are built on a smaller parcel of land, which leads to less distinctive homes. If you go to sell your home within a few years, you may also be competing against the homebuilder if new homes are still being built in the community.   The bottom line: new homes may offer some of the best deals in the housing market right now, but buyers need to look beyond the headline numbers. Compare the size, location, price per square foot, HOA fees, upgrades, and the total monthly cost. A new home may be a better deal than an existing home, but make sure you understand exactly what you are getting for your money.   Stock Trading Is Off the Charts! There is a frenzy happening in the stock market right now. With individuals buying and selling stocks, along with institutional investors constantly trading, Wall Street is generating enormous trading fees. But one has to ask the question: Does all of this activity make sense?   U.S. average daily trading volume in equities and options hit a record in the second quarter, with 73 million options contracts and 20 billion shares traded. Think about that number for a minute: 20 billion shares of stock changing hands over just three months. Let that sink in.   We have not seen this much activity in individual stocks since the end of the dot-com bubble, and we all know how that turned out.   The good news is that, with this frenzy of stock trading, more people are beginning to seek professional help managing their portfolios. The bad news is that many brokers are really just salespeople who may not have a strong investment philosophy or truly understand what they are doing. They will simply ride the wave until the crash comes, just as happened at the end of the tech bust.   Back then, even a year after the market had collapsed, some brokers were still telling their clients to stay invested because the market would eventually come back. I remember an old saying I learned when I first entered the industry: “The broker knows the price of everything and the value of nothing.”   It took the Nasdaq more than 15 years to get back to breakeven after the dot-com bubble burst when it fell close to 80% from top to bottom. That is why it is so important, when seeking financial advice, to understand the investment philosophy of the broker or investment adviser you are working with. Does their philosophy make sense to you? Does it align with your goals? And, most importantly, does it make sense for your portfolio?   When markets are rising and everyone is making money, almost any strategy can look brilliant. The real test is what happens when the frenzy ends.   If it sounds too good to be true, it probably is! A recent story in Barron's highlights a warning that applies to everyone, not just professional athletes.   Several current and former professional athletes reportedly invested in an online business opportunity that sounded too good to be true. Three former NFL players were interviewed by Barron's and collectively they said they lost more than $1 million. The pitch was simple: invest at least $50,000 in an online store and they'll handle everything from social-media marketing to manufacturing store inventory. Investors were told they would get their original investment back within six months, and then receive 80% of the profits.   Sounds like a great deal, right? Unfortunately, according to the investigation, it appears the sales weren't real. The stores were built using Shopify and appeared to be generating significant revenue. But investigators reportedly found questionable orders, including one $5,000 order for 100 desktop humidifiers and 120 USB-powered cup warmers. The person at the shipping address said they never placed the order and “Who needs 100 humidifiers and 120 cup warmers?” There were also other red flags including one e-commerce site, Dailyprodtrend, doesn't appear in Google search results and the web address is just a random string of numbers and letters.   The scheme is run by a 24-year-old entrepreneur named Mohamed Coulibaly and to gain credibility he used celebrity connections citing the names of about two dozen current and former pro athletes and other public figures as clients in a pitch deck. He also has created an image of wealth and success with one athlete saying he saw what appeared to be $25 million in a business account that Coulibaly showed him on a cellphone screen. It's important to remember that no matter how successful someone appears or how many famous people they know you still need to do your own due diligence.   A big problem is the websites were just the beginning of what appears to be a longer con. Once investors had their Shopify login credentials, they were given the impression the business was healthy due to these “fake” orders and then were presented with an even bigger bet that involved the Dubai investment firm Middle East Venture Partners. Unfortunately, this appears to have led to more red flags and still no return on investment.   Before investing, you should independently verify the revenue, customers, expenses, bank statements, contracts, and the actual business itself. Don't simply rely on an online dashboard or someone else's claims about how much money is being made.   The bottom line: If it sounds too good to be true, it probably is. And the more exciting and guaranteed the opportunity sounds, the more skeptical you should become.   Financial Planning: Conservation Easements: Valuable Planning Tool or Tax Trap? Conservation easements are a tax planning strategy that allows a landowner to permanently donate certain development rights to a qualified conservation organization in exchange for a charitable income tax deduction equal to the reduction in the property's value. When used as Congress intended, they can provide meaningful tax benefits while preserving land for future generations. For example, a family that owns a 1,000-acre ranch valued at $10 million may have no intention of developing the property and want to ensure it remains open space permanently. By donating a conservation easement that limits future development, the property value may decline to $6 million, creating a $4 million charitable deduction while allowing the family to continue owning and using the land. This type of transaction aligns with the purpose of the law because the conservation benefit is the primary goal and the tax deduction is an incentive. However, taxpayers should be cautious of strategies that appear too good to be true. In recent years, the IRS has aggressively challenged syndicated conservation easement transactions that were marketed primarily as tax shelters. In these arrangements, investors often contributed a relatively small amount of capital to a partnership that acquired land, and promoters claimed the donation of a conservation easement created deductions several times larger than the investors' original contribution. For example, an investor might contribute $250,000 and be promised a $1 million charitable deduction based on an aggressive property valuation. Many of these transactions relied on inflated appraisals and lacked a genuine conservation purpose, resulting in significant IRS scrutiny, disallowed deductions, penalties, and litigation. While conservation easements can be used in specific situations, they should be approached with caution and used only when there is a legitimate conservation objective. As with many tax strategies, a benefit that appears disproportionately large compared to the underlying economic activity is often a warning sign that additional due diligence is needed. Are Porsche Cars Losing Their Excitement? Porsche cars have long been known for their high-end, exciting sports cars. But lately, the company has been losing sales compared with last year.   Porsche faces plenty of competition, but its global deliveries were down 16% during the first six months of 2026 compared with the same period in 2025. Last year, the company benefited from strong demand for the electric Macan, while it also ended production of the gasoline-powered 718.   The company was also hurt by the loss of U.S. tax incentives for electric vehicles, which contributed to the decline in sales. Porsche sold 37,712 vehicles in North America, a 13% decline from last year. China, which accounts for roughly 10% of Porsche's sales, saw an even larger drop, with sales falling 32% to 14,501 vehicles.   The price of a Porsche starts at around $65,000, but the average transaction price is closer to $125,000. And if you know anything about these cars, you also know that the maintenance and upkeep can put significant pressure on your wallet. You would think that if you're spending $125,000 on a car, you shouldn't have to spend a fortune maintaining it. But that can be part of the trade-off when owning a high-performance luxury vehicle.   So, are Porsche cars losing some of their excitement? Would you be willing to spend $125,000 on a new Porsche, or would you rather purchase a less expensive American car?   Time to Say Goodbye to EV Car Maker Polestar? I would occasionally see Polestar vehicles on the road, and I believe the company even has a dealership at UTC Mall. However, I didn't know much about the company and was surprised to learn just how complicated its ownership structure is.   Polestar is closely tied to Volvo, which is 79% owned by the Chinese company Zhejiang Geely Holding Group. The automotive world has become incredibly complicated over the years. I always thought of Volvo as a Swedish company, but that is no longer technically the case.   The ownership change began in March 1999, when Ford Motor Company paid $6.5 billion to acquire Volvo. However, Ford later sold 79% of Volvo to Geely in August 2010 for approximately $1.8 billion. The remaining 21% is publicly owned through stock ownership. In other words, Ford appears to have taken a significant loss on its investment.   Now, Polestar is facing serious challenges in the United States. The U.S. government is concerned about the company's connection to China and the possibility that data collected by the vehicles could be accessed by the Chinese government. As a result, new Polestar vehicles are no longer expected to be sold in the U.S.   What is strange, however, is that Volvo vehicles are still being sold in the United States, even though Volvo is also majority-owned by Geely. The situation shows just how complicated the relationship between the U.S. auto market and Chinese ownership has become.   There are currently reports of fire-sale discounts on Polestar vehicles, with some discounts reportedly reaching as much as $25,000 just to move the cars. These vehicles originally sold for roughly $55,000 to $75,000 when new.   I'm not sure who would want to purchase one at this point. The biggest concern may not even be the vehicle itself, but what happens to service and support for existing owners. It is possible that Volvo will continue servicing Polestar vehicles, but I would be skeptical about whether maintaining a separate service infrastructure for the brand will be worth the company's time.   After all, relations between the United States and China are currently far from ideal. For Polestar owners, that could create some serious questions about the future of their vehicles.   The New Tobacco Companies The three remaining major players in the tobacco industry are Philip Morris International, British American Tobacco, and Altria Group. It should come as no surprise that the number of cigarettes sold in North America has dropped by about 33% since 2020, while the number of tobacco smokers continues to decline rapidly.   But don't be fooled: Tobacco companies have developed smoke-free products that are gaining popularity, but that does not mean they are healthy. The two primary alternatives tobacco companies are now selling are vaping products and something called an oral nicotine pouch.   It is easy to see when someone is vaping because of the large clouds of vapor produced. Nicotine pouches, however, are much less noticeable. They are placed between the front of your teeth and your lip, similar to chewing tobacco. The difference is that you don't need to spit out saliva every few minutes because the nicotine is slowly released into your system.   Currently, in North America, about 7% of the population vapes, up from 3.7% in 2020. Nicotine pouches are also growing rapidly, although you can't see who is using them. In 2024, approximately 23 billion nicotine pouches were sold worldwide, a 50% increase from 2023.   Make no mistake: Both of these products contain nicotine, which is highly addictive and keeps people coming back for more. Some may believe that nicotine pouches are simply a way to move away from cigarettes, but that isn't necessarily the case. The pouch itself can become addictive as well.   Tobacco stocks have performed well, with some nearly doubling over the last few years. More institutional investors who previously dumped these stocks for ethical reasons are now returning because of the growth of smoke-free products.   It all sounds like smoke and mirrors to me. There are simply too many issues surrounding nicotine and the addictive nature of these smokeless products for me to feel comfortable investing in the tobacco industry.   Companies Discussed: Fiserv, Inc. (Ticker: FISV)

Netflix cofounder and Anthropic board member Reed Hastings joins TED's Sal Khan to give a look inside the race to build AI. Hear his take on how the technology could accelerate education — including the possibility of an AI tutor for every student — and reshape the economy faster than anyone expects. Hosted on Acast. See acast.com/privacy for more information.

As co-founder of Netflix, Reed Hastings is responsible for one of the most recognisable brands in the world. BBC business editor Simon Jack and journalist Zing Tsjeng recount how he evolved Netflix from a DVD-by-mail rental service to the streaming giant responsible for bringing Stranger Things, Bridgerton and Squid Game to our screens. Along the way, Netflix transformed the way we watched TV, and disrupted the world of film distribution. Netflix is now a giant in the industry, and Reed Hastings' personal stake has made him a billionaire. But has his tech entrepreneurial lens for film and TV challenged the industry for the better or worse?Good Bad Billionaire is the podcast that explores the lives of the super-rich and famous, tracking their wealth, philanthropy, business ethics, and success. There are leaders who made their money in Silicon Valley, on Wall Street and in high street fashion. From iconic celebrities and CEOs to titans of technology, the podcast unravels tales of fortune, power, economics, ambition and moral responsibility. Simon and Zing put their subjects to the test with a playful, totally unscientific scorecard — then hand the verdict over to you: are they good, bad, or simply billionaires? Here's how to contact the team: email goodbadbillionaire@bbc.com or send a text or WhatsApp to +1 (917) 686-1176. Find out more about the show and read our privacy notice at bbcworldservice.com/goodbadbillionaire.

You can have a great product, a smart strategy, and still get buried if your team and culture can't keep up. That's the part a lot of business owners miss. If you've ever felt like growth is getting harder, decisions are getting messier, or your company is starting to feel heavy instead of sharp, this episode is going to hit a nerve. In this lesson, Omar breaks down the bigger story behind how Netflix went from being underestimated to becoming one of the most dominant companies in the world. He digs into the way they think, the way they operate, and the kind of culture that helped them stay dangerous while everyone else got comfortable. If you want to build a stronger business that can adapt, grow, and actually last, there's a lot here you'll want to hear. If you're ready to learn what helped turn Netflix into a $366 billion giant, click play at the top of the page and get the lesson behind building a team and business that can grow into a real powerhouse. MBA2802 How Netflix Grew To A $366 Billion Beast. Sharing Their CEO's Secrets Resource: No Rules Rules: Netflix and the Culture of Reinvention by Reed Hastings and Erin Meyer Recommended episodes to explore: The Right Way To Fire Good People Who Are Bad Employees Check out some of our favorite business books ever, and hear our full reviews: https://100mba.net/book-reviews/ Watch the episodes on YouTube: https://lm.fm/GgRPPHi SUBSCRIBE YouTube | Apple Podcast | Spotify | Podcast Feed Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In our most recent episode of The Brian D. O'Leary Show, we get to the core of how we build and scale businesses. I sat down with my friend Hunter Hastings, a prolific author, economist, venture capitalist, and passionate entrepreneur. We dissected his new book, Venture Mode: Escape the Administration Trap by Finding and Unleashing Entrepreneurial Leaders (co-authored with Mark Packard, published by Amplify Publishing, May 5, 2025), to explore the dangerous traps of corporate growth and how to revive the entrepreneurial spirit. Episode Chapters & Highlights The Administration Trap: Defining the machinery of corporate control, the pressures of financial markets, and how administrative bloat kills productivity. Founder Mode & Brian Chesky: How the Airbnb founder cut through suffocating management layers to get back "in the details" with his customers. The Origins of the MBA: Tracing the roots of administrative sclerosis back to mid-20th-century logical positivism and Frederick Taylor's scientific management. Entrepreneurial Economics: A fresh look at Austrian economics, focusing on customer sovereignty, entrepreneurship, and experimental action over top-down strategy. The Atom of Value: Why the single interaction between a customer and a service provider is the true foundation of scale (with a nod to Netflix's Reed Hastings). AI and One-Person Corporations (OPCs): How AI is allowing entrepreneurs to bypass the administration trap entirely, creating a new era of solo scalability. The Masters of Business Enterprise: Replacing the outdated university MBA with principle-based learning and experiential corporate apprenticeships. The Enablement Economy & Optimism Through Unease: Why being unhappy with the current situation (short-term pessimism) is the fundamental driver of innovation and a better future. Here are the key takeaways from our conversation. The Administration Trap As businesses scale and achieve success, they often fall into what Hunter calls “administration mode.” Instead of prioritizing the innovation that initially drove their growth, companies become obsessed with the machinery of corporate control. This obsession manifests as: An intense focus on controlling future uncertainty. Pressure to deliver smooth quarterly earnings and meet financial market expectations. The addition of suffocating management layers, installed processes, and rigid annual planning cycles. The cost of this control is staggering. Hunter notes that we may have lost 50% of the US economy's potential for productivity growth due to this administrative crisis. It stifles innovation and removes humanity from business, tracing its roots back to mid-20th-century logical positivism, where the “scientific method” and pure measurement began to overshadow human creativity. Breaking Free: Shifting to Venture Mode To escape this trap, Hunter advocates for “venture mode.” A prime example of this philosophy in action is Brian Chesky, founder of Airbnb. As his company grew, Chesky realized that administrative layers were blinding him to the actual customer experience. His solution was to cut through the bureaucracy to get back “in the details,” speaking directly with hosts and consumers to figure out what was working in the market. You don't have to be a founder to apply this. Anyone in an organization can champion this mindset by removing barriers and prioritizing free-thinking experimentation over rigid systems. Entrepreneurial Economics: The “Atom of Value” Much of our conversation centered around Austrian economics, which Hunter masterfully reframes for the modern business leader. We broke down three practical principles: Customer Sovereignty: The customer is the boss. The business cycle doesn't start with production; it starts with sensing the customer's need. Entrepreneurship: This is the act of taking that sensed need, turning it into a novel idea, and bringing it back to the market. Action Over Strategy: True entrepreneurship relies on experimental action rather than relying on a top-down, predictive strategy. This approach zeroes in on what Hunter calls the “atom of value,” the single critical interaction between one customer and one service provider. By perfecting that single interaction, you can scale the entire system. Replacing the MBA and Embracing AI We also tackled the archaic nature of the traditional MBA, something that often breeds the very administrative mindset we need to avoid. Hunter envisions a “Masters of Business Enterprise,” splitting education into two distinct paths: learning scalable principles of value creation outside of traditional universities, and engaging in experiential, active learning within actual corporations. Looking to the future, we discussed the role of Artificial Intelligence in completely bypassing the administration trap. We are seeing the rise of AI-enabled, “One-Person Corporations” (OPCs). By leveraging AI for administrative tasks and tapping into broader industrial ecosystems, individuals can scale incredibly fast without ever installing bloated management structures. Optimism Through Unease I often call myself a short-term pessimist and a long-term optimist. Hunter pointed out that this perfectly aligns with the Austrian economic principle of “unease.” According to Ludwig von Mises, being unhappy with the current situation is the fundamental driver of innovation. It is our unease with administrative bloat that will propel us toward a highly adaptable, highly entrepreneurial future. To dive deeper into this shift toward venture mode thinking, listen to the full episode. Resources & Links: Get a free chapter and pick up a copy of the book at venturemode.biz. Order a copy of Venture Mode directly on Amazon. Read Hunter's ongoing insights on Venture Mode and the “enablement” economy at The Value Creators on Substack. Step Out of the Machine The ground-floor discount for our premium subscription has closed, but true sovereignty doesn't sit around waiting on a sale. You can spend the rest of your life as an optimized data point, letting the elite corporate class dictate your values and your income. Or, you can step out of the managed system, embrace the grit, and secure absolute independence for your future. But you cannot do this alone. The digital landscape is littered with lone wolves who thought they could outsmart a system designed to crush them. That is why I built a fortified, paid community for serious minds to discuss culture, business, and strategy in real time. Stop subsidizing the scavengers who hold your values in contempt. Choose your path: The Annual Subscription ($100/year): Unlocks unrestricted access to our private, paid community forum (The Junto), our strategic monthly briefs, and the full historical archive. The Founding Member Tier ($497/year): Strictly capped at 20 serious operators. Unlocks all standard subscription benefits, plus four private, 1-on-1 strategy sessions to unblock your business bottlenecks and exclusive expert deep dives. Let's get to work on halting the decline. Subscribe today at https://briandoleary.substack.com/subscribe

Sam and Jessica go two-on-two this week to unpack the SpaceX IPO and whether a $2.5 trillion valuation is actually justified, exploring why “it's valuable because it's valuable” may be a legitimate investment thesis and why Cursor's $60 billion acquisition looks cheap in that context. They also break down Anthropic's clash with the U.S. government over Fable 5, with Sam arguing the crackdown could be the best marketing in AI history, before debating the risks of tying software access to nationality. The episode closes with Meta's AI morale problem, OpenAI burning nearly $4 billion in Q1 on $5.7 billion in revenue, the case for a multi-model future where no single frontier model wins, and why Sam believes token economics may be one of the most overlooked opportunities in economics. In lieu of Pop Culture Corner, Jessica brings a Reed Hastings book recommendation, while Sam once again demonstrates that having conviction and acting on it are apparently two different skill sets. After eight months of pitching DigitalOcean, he still doesn't own the stock.Chapters:00:00 - Teaser01:47 - SpaceX IPO Analysis09:17 - Narrative Assets and Retail Investing12:09 - The Future of AI Models and Infrastructure16:00 - Corporate Narratives, Employee Motivation, and Meta's AI Challenges22:58 - OpenAI's Market Strategy and Impact25:19 - Open Source Models and Market Share27:01 - Economics of Tokens and Innovation33:01 - Anthropic's PR Strategy and Fable Model Release35:24 - Government Stakes in AI Companies39:04 - Reed Hasting's Book RecommendationWe're also on ↓X: https://twitter.com/moreorlesspodInstagram: https://instagram.com/moreorlessYouTube: https://youtu.be/ZVD3jS6LexcConnect with us here:1) Sam Lessin: https://x.com/lessin2) Dave Morin: https://x.com/davemorin3) Jessica Lessin: https://x.com/Jessicalessin4) Brit Morin: https://x.com/brit

Mike Armistead has been in the room for almost every major technology wave of the past 30 years — from client-server computing, to the early internet at Lycos, to application security at Fortify Software (acquired by HP), to AI-driven security at Respond Software (acquired by FireEye for $186M, eventually folded into Google). Now on his sixth startup, he's CEO of Pulse Security AI, building what he calls a "system of record" for security leaders — giving CISOs the same kind of business-level visibility that CFOs get from their ERP and sales leaders get from their CRM.In this episode, Jeff and Mike dig into the weight of inertia that slows every major technology transition, why conviction is the one thing that gets founders through the rough patches, and how to stress-test your assumptions before spending a year building something people will admire but never buy. They also go deep on the evolving cybersecurity landscape — why security tools have historically grown in siloed, technical layers, why AI-driven threats (deepfakes, impersonation, prompt injection) are accelerating faster than most organizations can respond, and why scenario planning is no longer a quarterly exercise — it's a survival skill.Key Takeaways0:00 — Intro: The real obstacle to technology transitions isn't innovation — it's the weight of existing systems, habits, and inertia3:00 — Why conviction is the essential quality that gets founders through rough patches in every startup cycle7:00 — Lessons from Reed Hastings' Pure Software: culture, ethics, and values were being built even before Netflix9:00 — Risk evaluation after multiple exits: what Mike learned from walking into a high-debt company right before 9/11 — and why structural due diligence matters as much as product quality11:30 — The value of tabletop exercises: role-playing "what if" scenarios with co-founders and executives surfaces risks you'd never otherwise think about12:45 — What is Pulse Security AI? The gap between technical security data and business-level decision-making — and why CISOs are the only C-suite executives without a true system of record16:30 — How an agentic layer can connect siloed security tools and translate technical risk data into the business language boards actually need18:40 — Leading through platform shifts: understanding early vs. late adopters and why you can't force mainstream buyers before they're ready21:00 — Security's evolution from compliance checkbox to strategic business function — and why the threat landscape is always moving in multiple dimensions simultaneously24:20 — AI-driven threats, deepfakes, and the "trust and verify" world: practical security posture advice for companies of all sizes33:00 — Fundraising on your sixth startup: how the investment landscape has shifted (seed rounds now include institutional investors; A rounds now require real revenue)39:30 — Avoiding the customer feedback trap: why "that's cool" is not the same as "I'd pay for that" — and how to ask the uncomfortable pricing question early41:30 — The AI hype cycle: the one question that never changes — are you adding enough value that someone will pay for it?45:00 — The future of cybersecurity over the next five years: breaking down silos, AI-driven threat acceleration, and why humans still need to stay in the loopTweetable Quotes"Conviction is essential. It's what gets you through the rough patches — and there are always rough patches." — Mike Armistead"History doesn't repeat itself, but it certainly rhymes. You're gonna encounter certain things everywhere, and you have to learn how to break out of the bucket people want to put you in." — Mike Armistead"'That's cool' is not the same as 'I'd pay for that.' You have to listen for when they start thinking about how they can buy it." — Mike Armistead"Risk mitigation isn't a 'done' setting. Just because you're certified today doesn't mean you're protected tomorrow." — Mike Armistead"We live in a trust-and-verify world. If something is asking you to do something you wouldn't normally do, the flags have to go up." — Mike Armistead"AI doesn't scale people. It scales attacks. The infrastructure we built was designed for a different threat landscape." — Mike ArmisteadSaaS Leadership LessonsConviction is your most valuable asset in a hard growth cycle. Every startup goes through wild swings. The founders who make it through aren't the ones with the best product at every moment — they're the ones who maintained conviction that what they were building would be genuinely valuable to their customers. Momentum fades. Conviction doesn't.Do your structural due diligence before you walk in. Mike's hardest lesson came from his first CEO role: a high-debt company that collapsed not because the business was failing, but because lenders called loans after 9/11. The business itself was fine. The structure killed it. Always understand the financial architecture of what you're walking into — especially in uncertain macro environments.Run tabletop exercises with your leadership team. Don't wait for a crisis to figure out your response. Role-play "what if" scenarios regularly with your co-founders and executives. Someone always surfaces a risk you hadn't considered — and the solutions are often simpler than you'd expect. This is no longer optional; it's a survival skill.Know where you are in the adoption curve — and don't fight it. Early adopters will take a chance on you because they see competitive advantage. Mainstream buyers need proof points. Late adopters need to see their peers doing it. Pestering a mainstream buyer with an early-stage pitch isn't a winning fight. Build for the stage you're actually in.Ask the uncomfortable pricing question early and often. Founders are wired to build. We're not always wired to sell. But the market will tell you the truth faster than any advisor. Ask potential customers directly: "Would you pay X for this?" Fight through the politeness. Watch for buying signals — when someone starts thinking about procurement rather than just nodding along, you're onto something.Stop building for "cool" — build for "when can I buy it?" Customer enthusiasm and purchase intent are not the same thing. If your beta testers are telling you it's great but nobody's asking how to get it, you haven't found product-market fit. Continually test your story, move toward a bigger narrative when needed, and keep engaging the market until the signals change.Guest Resourcesmike@pulsesecurity.aipulsesecurity.aihttps://www.linkedin.com/in/mike-armistead-1164715/Episode SponsorThe Futureproof Series - https://www.youtube.com/playlist?list=PLfkXKUPZ5xuOqMPR7_gzGybncTtavyR1NThe Captain's KeysSmall Fish, Big Pond – https://smallfishbigpond.com/ Use the promo code ‘SaaSFuel'Champion Leadership Group – https://championleadership.com/SaaS Fuel ResourcesWebsite - https://championleadership.com/Jeff Mains on LinkedIn - https://www.linkedin.com/in/jeffkmains/Twitter - https://twitter.com/jeffkmainsFacebook - https://www.facebook.com/thesaasguy/Instagram - https://instagram.com/jeffkmains

US hospitality industry leads on new jobs growth, but is AI still impacting hiring for white-collar roles?Moscow says the Russian economy is proving resilient in the face of international sanctions - we hear how the economy hits the local business from the Russian business owner in St Petersburg.And the legacy of the co-founder of Netflix, Reed Hastings, who departs the streaming giant today after almost thirty years.

A mixed day for markets, as investors seemingly rotate out of tech and into financials. How the recent drops in semi stocks could be fueling the record runs in money centers and investment firms, and where our traders are positioning in the rotation. Plus, the next move for Netflix as Co-founder Reed Hastings says goodbye, how a flesh-eating parasite hitting the cattle industry is impacting some biotech stocks, and what a top retail analyst sees in store for Lululemon after the company's latest earnings report. Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Saudi Arabia's wealth fund is swapping foreign CEOs for local ones and Reed Hastings officially steps down from the board of Netflix. Plus, FT-Nikkei names Boston as the best US city for foreign investment. Mentioned in this podcast:​​Saudi wealth fund replaces foreign CEOs with localsNetflix's Reed Hastings: an icon of good leadership and bad governanceBoston tops FT-Nikkei ranking as global companies seek skilled workersAmericans lead AI data centre backlash, global poll findsWant to get in touch? Email us at podcasts@ft.comNote: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann, Michael Lello and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. The show's theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Ceci est un épisode Solo et donc une lecture de ma newsletter à laquelle vous pouvez vous abonner juste ici - Je vous invite également à participer à ma cagnotte sur Tipeee, c'est juste là.j'ai beaucoup approché ce sujet sans jamais en parler directement alors dans cet épisode, je parle de l'épuisement systémique, pas de fatigue passagère. J'interroge l'incertitude comme carburant silencieux de notre surcharge cognitive, l'accélération décrite par Hartmut Rosa, la pression financière documentée par Antoine Foucher, le capitalisme de la jouissance analysé par Michel Clouscard, la machine à attention qui se nourrit de notre peur, et l'isolement silencieux de nos grandes villes. J'ai questionné aussi le grand mensonge de la productivité, et ce que Viktor Frankl, Pablo Servigne, Byung Chul Han et Olivier Hamant ont chacun à nous dire sur comment traverser ça sans se noyer. Et je finis par trois directions concrètes, pas des solutions miracles, juste des pas de côté qui permettent de ne pas s'épuiser à nager à contre-courant.Citations marquantes"Notre réponse à l'épuisement est presque toujours la même : on essaie de trouver une méthode pour optimiser. Et c'est là que ça devient pathétique, parce que même ceux qui veulent ralentir adorent une méthode pour le faire rapidement.""L'amygdale ne fait pas vraiment la différence entre 'un lion va me dévorer' et 'je ne sais pas ce qui va se passer dans six mois avec mon boulot, mon loyer, la géopolitique, l'IA ou le prix de l'énergie.' Les deux produisent de l'épuisement.""On n'a jamais été aussi optimisé et pourtant on n'a jamais eu aussi peu de temps.""L'ennui est biologiquement plus proche de l'énergie que de la léthargie. Le vide n'est pas un problème à remplir, c'est une condition nécessaire à la pensée profonde.""L'épuisement que vous ressentez n'est pas une faiblesse. C'est une réponse rationnelle à un système qui n'est pas conçu pour l'humain."Idées centrales 1. L'épuisement est systémique, pas personnel Ce n'est pas parce que vous êtes mal organisé ou pas assez zen. Nous sommes collectivement victimes d'un système qui n'est pas conçu pour l'humain, avec des ressources inégales pour y faire face. L'individualiser, c'est exactement ce que le système veut qu'on fasse. [~03:00]2. Notre cerveau est une machine à prédire coincée dans un monde imprévisible Pendant des millions d'années, l'anticipation était une question de survie. Aujourd'hui, cette même mécanique tourne en surchauffe permanente face à des menaces diffuses et globales qu'elle ne peut ni identifier clairement ni neutraliser. C'est là que commence l'épuisement, bien avant le surmenage. [~06:30]3. Trois accélérations simultanées qui se renforcent Hartmut Rosa distingue l'accélération technique, l'accélération du changement social et l'accélération du rythme de vie lui-même. Nous vivons les trois en même temps, sans jamais avoir le temps de nous adapter à l'une avant que la suivante arrive. [~12:00]4. La productivité vendue comme remède est souvent une cause supplémentaire L'ennui n'est pas de la paresse, c'est une émotion fonctionnelle qui prépare biologiquement le corps à l'action et ouvre la porte à la créativité. Remplir chaque vide par une stimulation externe, c'est se priver de la condition nécessaire à la pensée profonde. [~22:00]5. Le contrat du travail est rompu, et on fait semblant de ne pas le voir Pendant les Trente Glorieuses, on doublait son niveau de vie en 15 ans. Aujourd'hui, il faut 84 ans, soit deux vies de travail. Ce n'est pas une opinion, c'est documenté. Et continuer à courir plus vite dans ce contexte s'appelle de l'épuisement par définition. [~17:00]6. Nager en perpendiculaire plutôt qu'à contre-courant Résister frontalement épuise. Comme dans une baïne, la bonne réponse n'est pas de nager vers la plage mais à la perpendiculaire. Silence, soutien, sens : trois mouvements latéraux qui permettent de sortir sans s'y laisser noyer. [~28:00]Questions structurantes de l'épisodePourquoi notre réponse instinctive à l'épuisement est-elle toujours de chercher une méthode pour l'optimiser ?En quoi l'incertitude du monde contemporain active-t-elle les mêmes mécanismes que la menace physique dans notre cerveau ?Qu'est-ce que Hartmut Rosa entend exactement par "immobilisme frénétique" et en quoi ça décrit notre condition ?Comment le passage de la "société disciplinaire" de Foucault à la "société de la performance" a-t-il transformé la domination en auto-exploitation ?Pourquoi les médias et les algorithmes ont-ils intérêt à nous maintenir dans la peur plutôt que dans la réalité des chiffres ?Ce que nous avons sacrifié à vivre en grande ville mérite-t-il vraiment qu'on ne le questionne pas ?L'ennui est-il vraiment une ressource productive que l'on a collectivement décidé de détruire ?Comment Viktor Frankl trouvait-il du sens dans les camps de concentration, et qu'est-ce que ça nous dit sur notre propre rapport à l'adversité ?En quoi la "résonance" de Rosa est-elle incompatible avec le contrôle et la performance ?Qu'est-ce que vous faites parce que vous en avez envie, et qu'est-ce que vous faites parce que vous avez peur de ne pas le faire ?Références citéesPersonnesPablo Servigne (chercheur sur l'effondrement, invité de Vlan!) : "La vie danse toujours au bord du chaos. L'inverse du chaos, c'est la mort." [~05:00]Donna Brothers (psychanalyste américaine) : concept d'"anxiété cartésienne", l'idéal de certitude hérité de Descartes comme source de souffrance [~08:00]Hartmut Rosa (sociologue et philosophe allemand) : trois formes d'accélération, "immobilisme frénétique", concept de résonance [~11:00 / ~31:00]Byung Chul Han (philosophe coréen) : "société de la fatigue", dépression et burn-out comme symptômes civilisationnels [~15:00]Antoine Foucher (ancien directeur général adjoint du MEDEF, invité de Vlan!) : livre "Sortir du travail qui ne paye plus", distinction des trois périodes de progression salariale [~16:00]Michel Clouscard (sociologue français) : mutation du capitalisme de la répression vers le capitalisme de la jouissance [~19:00]Rousseau : "Malheur à celui qui n'a plus rien à désirer." [~20:00]René Girard (anthropologue français) : désir mimétique [~20:00]Jonathan Crary (chercheur américain) : Le capitalisme est à l'assaut du sommeil (2013) [~22:30]Reed Hastings (fondateur de Netflix) : "notre plus grand concurrent est le sommeil" [~22:30]Yohan Hari (auteur, invité de Vlan!) : marché de l'attention [~23:00]Kenneth Schlenger (fondateur de Opal, invité de Vlan!) : marché de l'attention [~23:00]Sherry Turkle (professeure au MIT) : Seuls ensemble, trente ans d'étude de notre relation à la technologie [~25:00]Bruno Marzloff (sociologue de la ville, invité de Vlan!) : plus une ville est grande, plus elle rend seul [~25:00]Tim Ferris : La semaine de 4 heures comme symbole du mensonge productiviste [~27:00]Olivier Hamant (biologiste, invité de Vlan!) : robustesse vs performance, l'arbre qui ne transforme que 1% de la lumière [~29:00]Marc de Smedt (invité de Vlan!) : épisode sur le silence intérieur [~32:00]Viktor Frankl (psychiatre autrichien, survivant des camps de concentration) : le sens comme condition de survie, déplacement du regard de soi vers l'autre [~34:00]Sénèque : "Ce n'est pas que nous ayons peu de temps, c'est que nous en perdons beaucoup." [~36:00]LivresLe capitalisme est à l'assaut du sommeil, Jonathan Crary (2013)Seuls ensemble, Sherry TurkleSortir du travail qui ne paye plus, Antoine Foucher"Sur la fonction de l'ennui", article de psychologie cité (deux auteurs non nommés)FilmsFight Club : "Nous achetons des choses dont nous n'avons pas besoin..." [~21:00]SourcesCentre d'observation de la société : données sur l'évolution de l'insécurité en France [~24:00]Timestamps clés (optimisés YouTube)00:00 - Le bracelet connecté et le piège de l'optimisation J'ai voulu mieux écouter mon corps. J'ai obtenu un tableau de bord qui me disait si je méritais d'être fatigué. La réponse à l'épuisement est presque toujours la même : trouver une méthode. Et c'est là que tout déraille.03:00 - L'épuisement n'est pas un problème personnel Ce n'est pas parce que vous êtes mal organisé ou pas assez zen. C'est un épuisement systémique, dont nous sommes tous victimes à des degrés divers. L'industrie du développement personnel, 1.500 milliards de dollars, s'est construite exactement sur ce mensonge.05:30 - Pablo Servigne et le chaos comme condition du vivant "L'opposé du chaos, c'est la mort." Si c'est vrai, alors nous ne nous épuisons pas du chaos lui-même, mais de l'énergie colossale que nous dépensons à tenter de le fuir.07:00 - L'amygdale et le lion derrière le rocher Notre cerveau ne distingue pas entre une menace physique et l'incertitude géopolitique, économique ou climatique. Les deux produisent la même mobilisation d'urgence. Répétée sur des années, cette mobilisation s'appelle de l'épuisement.09:00 - L'anxiété cartésienne de Donna Brothers La pensée occidentale a construit un idéal de certitude. Quand on ne le trouve pas, on ne souffre pas de l'incertitude elle-même, mais de la collision entre ce qui est et ce qu'on croit qui devrait être.11:30 - Hartmut Rosa et les trois accélérations Technique, sociale, rythme de vie. Elles se renforcent mutuellement et nous n'avons jamais le temps de nous adapter à l'une avant que la suivante arrive. "On court de plus en plus vite pour rester sur place."16:30 - Le contrat du travail est rompu Pendant les Trente Glorieuses, on doublait son niveau de vie en 15 ans. Aujourd'hui, il faut 84 ans. Deux vies de travail. Ce n'est pas une opinion. C'est la réalité documentée qu'Antoine Foucher résume dans son titre.18:30 - De Foucault à Byung Chul Han : l'auto-exploitation Le passage de "tu dois" à "tu peux" est la mutation la plus insidieuse du système. Nous ne sommes plus soumis à une contrainte externe, mais à une injonction permanente à nous dépasser, au nom de notre liberté.20:00 - Le désir mimétique et Instagram Rousseau l'avait vu avant tout le monde : "on est heureux qu'avant d'être heureux." René Girard a théorisé le reste. Et Instagram est la machine à désir mimétique la plus efficace jamais construite.22:30 - Reed Hastings et le marché de l'attention "Notre plus grand concurrent est le sommeil." Ce marché n'est pas construit sur votre plaisir, mais sur votre peur. Peur de rater, d'être déclassé, d'être moins compétent. Et les médias ont appris à amplifier cette peur parce que ça marche.25:00 - Seuls dans la ville Sherry Turkle, trente ans au MIT : on peut être hyperconnecté et ne jamais vraiment rencontrer personne. Plus une ville est grande, plus elle rend seul. Et chaque interaction avec un inconnu est une donnée qui échappe aux plateformes.27:00 - Le grand mensonge de la productivité L'ennui est biologiquement plus proche de l'énergie que de la léthargie. C'est une émotion fonctionnelle qui prépare le corps à l'action. Remplir chaque vide par une stimulation, c'est se priver de la condition nécessaire à la pensée profonde.29:30 - Olivier Hamant et la robustesse Un arbre ne transforme que 1% de la lumière qu'il capte. Il est en sous-optimal quasi permanent pour pouvoir survivre les jours sans soleil. La nature entière sacrifie la performance pour la robustesse. Notre cerveau aussi.32:00 - Nager en perpendiculaire Résister frontalement épuise. Comme dans une baïne, nager vers la plage est la mauvaise réponse. Nager à la perpendiculaire, c'est aller ni contre ni avec, mais à côté. C'est là que commence la sortie.33:00 - Silence, soutien, sens : trois mouvements latéraux Pas des solutions miracles. Trois directions concrètes pour ne pas se laisser paralyser. Viktor Frankl dans les camps de concentration. Hartmut Rosa et la résonance. Et cette question finale à garder dans un coin de la tête.Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

My guest today is Dara Khosrowshahi, the CEO of Uber. Before Uber, Dara ran Expedia for thirteen years. We start with why he took this job in 2017, and a big part of that story is Daniel Ek, who told him that life is not about happiness, it is about impact. We talk about what the chaos felt like on day one, and how his family leaving Iran when he was nine shaped the way he handles pressure today.  We spend most of our time on autonomous vehicles and Uber's role as the demand aggregator in a world of physical AI. Dara explains why Uber is a supply-led company, what it will take to win, and why he expects many winners in AVs rather than one.  We also discuss Uber's $10 billion in free cash flow, the push toward a single app for everything, and what he has learned from Allen & Co, Barry Diller and Reed Hastings. For the full show notes, transcript, and links to mentioned content, check out the episode page ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠.  ----- Become a Colossus member to get our quarterly print magazine and private audio experience, including exclusive profiles and early access to select episodes. Subscribe at ⁠colossus.com/subscribe⁠. ----- ⁠Ramp's⁠ mission is to help companies manage their spend in a way that reduces expenses and frees up time for teams to work on more valuable projects. Go to⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠ramp.com/invest⁠⁠ to sign up for free and get a $250 welcome bonus. ----- Trusted by thousands of businesses, ⁠Vanta⁠ continuously monitors your security posture and streamlines audits so you can win enterprise deals and build customer trust without the traditional overhead. Invest Like the Best listeners get a special offer of $1,000 off Vanta when you go to ⁠vanta.com/invest⁠.  ----- WorkOS⁠ is the infrastructure B2B and AI-native companies use to sell to enterprise. It covers everything enterprise security requires: SSO, SCIM, RBAC, Audit Logs, AI governance, and more. Trusted by 2,000+ fast-growing companies, including OpenAI, Anthropic, Cursor, and Vercel. ----- Rogo is the AI platform for finance. They're building agents for Wall Street that are trained to understand how bankers and investors actually do work: from diligence and modeling, to turning analysis into deliverables. To learn more, visit rogo.ai/invest. ----- ⁠Ridgeline⁠ has built a complete, real-time, modern operating system for investment managers. It handles trading, portfolio management, compliance, customer reporting, and much more through an all-in-one real-time cloud platform. Visit⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ridgelineapps.com⁠. ----- Editing and post-production work for this episode was provided by The Podcast Consultant (⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://thepodcastconsultant.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠). Timestamps: (00:00:00) Welcome to Invest Like The Best (00:02:29) Intro to Dara Khosrowshahi (00:03:37) How Daniel Ek Convinced Dara to Take the Uber Job (00:06:54) Bringing Order to Chaos (00:09:20) Managing Stress as a Leader (00:11:22) The Chip on His Shoulder (00:12:53) Parenting Lessons (00:17:01) Mandate for AI Adoption (00:21:21) Uber's Role in Physical AI (00:22:48) Winning the AV Demand Race (00:27:41) Partnering vs. Competing with Waymo (00:32:05) AV Success Unlocks New Markets (00:35:09) Why Drones Haven't Arrived Yet (00:36:27) Regional AV Rollout Differences (00:37:35) Uber Eats International Winning Formula (00:39:44) Key to Aggregating Supply Well (00:44:34) Adding Hotels to Uber Platform (00:50:46) Lessons in Marketing at Scale (00:52:59) Apps vs. AI Agents in Seven Years (00:54:08) What Dara Learned from Barry Diller (00:56:52) What Dara Learned from Allen & Co (01:00:09) Buybacks vs. Growth Investing (01:04:17) Lessons from Reed Hastings (01:05:49) The Kindest Thing

In this episode of The Real Women Real Business Podcast, Shauna Lynn Simon sits down with Joy Lynskey, Founder and CEO of Jewel Toned Interiors, to explore what it really takes to build a team culture rooted in creativity, contribution, and accountability. Joy shares how her background in psychology shaped the way she leads, why her team uses simple daily huddles and deep quarterly meetings, and how she has created a business where people are expected to bring ideas, own outcomes, and learn from mistakes.Listeners will walk away with practical ways to reduce the boomerang effect of delegation, move beyond reactive leadership, and create stronger systems for communication, trust, and decision-making. Joy also offers a powerful perspective on integrity, culture fit, work-life harmony, and using leadership to create meaningful ripple effects.If you are ready to build a team that grows with you instead of depending on you, this episode is a must-listen.Timestamps:(01:50) - (06:30) - Joy's path from psychology to interior design and why human behavior shapes her leadership(06:31) - (13:15) - Daily huddles, team charters, and creating rituals that invite contribution(13:16) - (17:25) - Hiring for culture, accountability, and redefining integrity inside a team(17:26) - (25:15) - Mistakes, ownership, playbooks, and how to stop rescuing your team(25:16) - (36:30) - Role playing client conversations and building confidence without lowering standards(36:31) - (49:10) - Work-life harmony, ripple effects, and Joy's advice for leaders building stronger cultures Resources:Book Your FREE Coaching Assessment Call with Shauna Lynn: https://www.aboutshaunalynn.com/coachmeLearn more about the show: AboutShaunaLynn.com/podcastComplimentary Virtual Design Consultation for 1 Hour (Mention podcast when booking through this link): https://jeweltoned.com/contact-us/No Rules Rules: Netflix and the Culture of Reinvention by Reed Hastings and Erin Meyer: https://amzn.to/4dwJZ0G Connect with Joy Lynskey:Jewel Toned Interiors: https://jeweltoned.com/Facebook: https://www.facebook.com/jtidesignstudioInstagram: https://www.instagram.com/jeweltonedinteriors/YouTube: https://www.youtube.com/@jeweltonedinteriors3352Pinterest: https://www.pinterest.com/jtidesignstudio/Email: joy@jeweltoned.comJoy Lynskey is the Founder and CEO of Jewel Toned Interiors, a women-owned interior design studio based in Fort Lauderdale, Florida. With experience across luxury multifamily, workplace, wellness, residential, and community-centered projects, Joy blends creative vision with operational discipline to create stronger outcomes for clients and teams. Her leadership is shaped by a deep interest in psychology, collaboration, and the human side of design. In 2023, Joy became the first woman President of the Construction Executives Association, bringing a more inclusive and purpose-driven lens to the construction and built environment industries. As a mother of four, business owner, and advocate for intentional leadership, Joy is passionate about helping people contribute meaningfully at work and beyond.

Screens are rewiring teen brains and torching their happiness. Michael Regilio cuts through the glare to explain what's really at stake on Skeptical Sunday!Welcome to Skeptical Sunday, a special edition of The Jordan Harbinger Show where Jordan and a guest break down a topic that you may have never thought about, open things up, and debunk common misconceptions. This time around, we're joined by skeptic, comedian, and podcaster Michael Regilio!Full show notes and resources can be found here: jordanharbinger.com/1332On This Week's Skeptical Sunday:The fear of new technology is ancient and remarkably repetitive. Critics warned the telephone, the printing press, even writing itself would rot brains and shred social bonds. Today's smartphone panic is the latest verse in a very old song, though experts insist this time the data is louder.The "U-shaped" happiness curve — high in youth, dipping in midlife, rising again after fifty — has held steady across cultures for decades. But around 2014, right as every teenager got a smartphone, that youthful high point collapsed, and researchers like David Blanchflower are sounding alarms.Big Tech isn't accidentally addictive — it's engineered that way. Frameworks like the Fogg Behavior Model power infinite scroll, autoplay, and notification floods designed to exploit adolescent cravings for status and novelty. Reed Hastings admitted Netflix's real competitors are sleep and human connection.Internal documents from Meta and Alphabet lawsuits revealed the ugly truth: companies knew their platforms harmed teen girls and deliberately targeted users as young as 11. One memo read, "If we want to win big with teens, we must bring them in as tweens" — exploiting developing prefrontal cortexes by design.Screens aren't the devil — how we use them is what matters. Play video games with your kids, FaceTime grandma, keep phones away from babies, and set lights-out rules at night. The best screen time report might be a screen-down report: what did you do with your one short life while you weren't scrolling?Connect with Jordan on Twitter, Instagram, and YouTube. If you have something you'd like us to tackle here on Skeptical Sunday, drop Jordan a line at jordan@jordanharbinger.com and let him know!Connect with Michael Regilio at Twitter, Instagram, Threads, Bluesky, and YouTube, and check out War Bar, his comedy special!And if you're still game to support us, please leave a review here — even one sentence helps! Sign up for Six-Minute Networking — our free networking and relationship development mini course — at jordanharbinger.com/course!Subscribe to our once-a-week Wee Bit Wiser newsletter today and start filling your Wednesdays with wisdom!Do you even Reddit, bro? Join us at r/JordanHarbinger!This Episode Is Brought To You By Our Fine Sponsors: Lufthansa Allegris: Go to Lufthansa.com and search for "Allegris" to learn moreRidge Wallet: Get 10% off with code JORDANSimpliSafe Home Security: 50% off + 1st month free: simplisafe.com/jordanProgressive Insurance: Free online quote: progressive.comLufthansa Allegris: Go to Lufthansa.com and search for "Allegris" to learn moreSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

At what point does believing in someone's potential stop being leadership and start being a liability? In this episode of The Game Changing Attorney Podcast, Michael and Jessica Mogill answer three listener questions about one of the hardest tensions in leadership: the gap between what you see in your people and what they actually deliver. They walk through how to handle a high-talent, low-output team member, how to recognize when a long-tenured leader has plateaued, and whether the popular idea of "unlimited potential" actually holds up. Believing in your team is valuable, but does it replace standards and results? Here's what you'll learn: Why potential without performance becomes a liability, and how to set objective criteria before emotion drives the decision How to know when a team member has hit their ceiling and what to do about it without losing empathy Why "unlimited potential" is a myth, and what a leader can actually be responsible for You can want it for them all day long. If they don't want it for themselves, nothing you do will matter. (00:00:00) Introduction (00:04:12) Earning the Right to Live a Little (00:05:37) Q1: Talent vs. Output (00:08:32) Potential Is Secondary to Performance (00:09:47) The Outside-In Perspective Test (00:10:50) Q2: Has He Hit His Ceiling? (00:11:35) What Got You Here Won't Get You There (00:14:24) Ceilings Aren't Failures (00:15:23) Q3: Does Everyone Have Unlimited Potential? (00:17:03) A Leader Removes Barriers (00:20:48) Closing ---- Links & Resources: No Rules Rules by Reed Hastings and Erin Meyer DreamHack Atlanta LeBron James Michael Jordan Kobe Bryant Gordon Ramsay ---- Learn what sustainable growth can look like for your firm at crispcoach.com. ---- Do you love this podcast and want to see more game changing content? Subscribe to our YouTube channel. ---- Past guests on The Game Changing Attorney Podcast include David Goggins, John Morgan, Alex Hormozi, Randi McGinn, Kim Scott, Chris Voss, Kevin O'Leary, Laura Wasser, John Maxwell, Mark Lanier, Robert Greene, and many more. ---- If you enjoyed this episode, you may also like: 359. The Ultimate Guide to Retaining Top Talent 313. A-Player Attractors - Winning With Who: Cultivating a Winning Team 207. Patty McCord - How to Build a Culture of Freedom and Responsibility

In this live episode of Class Disrupted, recorded at the ASU + GSV Summit, Netflix founder Reed Hastings joined Michael and Diane again to discuss Reed's decades-long journey through various chapters of education reform culminating in his vision for how AI will profoundly reshape learning and schooling. Reed reflected on the slow progress and setbacksContinue reading "Reed Hastings on What It Will Take for AI to be Different from Other Edtech"

All-time highs – SP500 up 9% MTD – NAS100 even more Balanced risk – up or down from here is evenly matched All tech right now (Example Monday Equal Weighted up 0.33%, SP500 down 0.35%) Worried about No More Mr. Nice Guy The new “Blockchain” , “SPAC”, “MEME” that is pushing stocks PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter Warm-Up - HUGE MOVES - All from Tweets - Earnings seasons - banks did goooood -- Earnings season - carrot ahead of next week when the tech giants report (lots of bulls on this) - A belated 420 day to all you stoners out there! Grab a gummy, come back in about 45 minutes and listen - show will be much better... - Tariff refunds now available Markets - All-time highs - SP500 up 9% MTD - NAS100 even more - Balanced risk - up or down from here is evenly matched -- All tech right now (One day Equal Weighted up 0.33%, SP500 down 0.35%,) - Equal weight up 4.5% MTD, S&P up 9% - Worried about No More Mr. Nice Guy ? - Seems like Trump is bored with the Iran thing... - The new "Blockchain" , "SPAC", "MEME" that is pushing stocks Announcing the Winner of the Closest to the Pin for NetGear... Open /Closed - Straits of Hormuz closed again, and again - The brief opening allowed for a cruise ship to sneak through last week. - Celestyal Discovery, a 1,360-guest vessel operated by Greece-based Celestyal Cruises, departed Port Rashid in Dubai, U.A.E., on April 17 at 11:36 a.m. local time, becoming the first cruise ship known to exit the strait since the crisis began earlier this year. - No passengers aboard - aside from Captain and Crew. - - That must have been a pretty scary passing.... OIL - Oil hovering in the $80-$90 range for a while, now topping $100 - WTI and Brent flipped back to the normal relationship - UAE leaving OPEC - (accounts for 12% of OPEC and 4% of global oil) ---- They need more flexibility and there seems to be a rift  with Saudi Arabia and others as they have not been protected -- China! China to begin exporting jet fuel, diesel and gasoline - DOES THIS MEAN PRICED IN YUAN? Economics - Retail sales up more than expected. - Some is due to the high cost of gas - but stripping out gas prices - still beat expectations - How do we square this with the UMich at all-time lows? Consumer Confidence Retail Sales YoY Chips - MRVL Shares jumped more than 7% after a report by The Information said the company is in talks with Google to build two new AI chips. - AVGO (Broadcom) dipped as they had a deal announced prior and this seems to have watered down some of the importance. - Fast forward a few days and then we see a story about OpenAi missing user and revenue projections. Commentary about concern that if they do not meet their numbers, may not have enough money to fund all the build-outs they promised. (Lots of names dropping on this concern) Tim Apple - Apple announces that Tim Cook will become executive chairman of Apple's board of directors and John Ternus, senior vice president of Hardware Engineering, will become Apple's next chief executive officer effective on September 1, 2026. - Ternus joined Apple's product design team in 2001 and became a vice president of Hardware Engineering in 2013. He joined the executive team in 2021 as senior vice president of Hardware Engineering. Throughout his tenure at Apple, Ternus has overseen hardware engineering work on a variety of groundbreaking products across every category. He was instrumental in the introduction of multiple new product lines, including iPad® and AirPods, as well as many generations of products across iPhone®, Mac®, and Apple Watch. - Ternus's work on Mac has helped the category become more powerful and more popular globally than at any time in its 40-year history. Prior to Apple, Ternus worked as a mechanical engineer at Virtual Research Systems. He holds a bachelor's degree in Mechanical Engineering from the University of Pennsylvania. Mo Money - Vendor Financing - Anthropic to secure up to 5 gigawatts (GW) of current and future generations of Amazon's Trainium chips to train and power their advanced AI models. - Anthropic's Claude Platform available on AWS, providing their full AI developer experience in one place. - Amazon to invest $5 bln in Anthropic today and up to an additional $20 bln in the future. Operation Vaccu Suck - AST SpaceMobile — Shares fell 15% after a satellite launched  was placed into the wrong orbit. - The company said in a release it expects the cost of the satellite to be recovered by an insurance policy, and it still plans to conduct orbital launches once every month to two months in 2026. - DH Space Cleanup - this is going to be huge. Like the Spaceballs Mega Maid Scene - goes from suck to blow. Mega maid cleaning up space trash - Operation Vaccu Suck Fed Chair Nominee - Fed Chair nominee Kevin Warsh told Senate hearing that Fed must stay independent and "stay in its lane" - Opening statement (Senate) : "I do not believe the operational independence of monetary policy is particularly threatened when elected officials—presidents, senators, or members of the House—state their views on interest rates. Central bankers must be strong enough to listen to a diversity of views from all corners. - But the actual confirmation may still be stuck until the lawsuit against Powell is dropped (Which it seems is in process) Drugs man... - Compass Pathways — The biotechnology company surged nearly 25% after President Donald Trump signed an executive order that directs his administration to speed up reviews of psychedelic drugs. - Compass is conducting studies of psychedelics to create drugs for treatment-resistant depression and PTSD. HOW? - A refund system for businesses that paid tariffs which the U.S. Supreme Court ruled President Donald Trump imposed without the constitutional authority to do so is scheduled to launch Monday. - Importers and their brokers will be able to begin claiming refunds through an online portal beginning at 8 a.m., according to U.S. Customs and Border Protection, the agency administering the system. - It's the first step in a complicated process that also might eventually lead to refunds for consumers who were billed for some or all of the tariffs on products shipped to them from outside the United States. SUBS Emerging - Sandwich chain Jersey Mike's has confidentially filed for an IPO. - - Blackstone bought a majority stake in the sandwich chain in 2024 in a deal that valued the company at roughly $8 billion. - - - With more than 3,000 locations nationwide, Jersey Mike's is the second-largest hoagie sandwich chain in the U.S. -- Did some research - typical franchisee makes about $100-$200k per store. ----- Initial cost to get store going ~ $700k (3-7 year make-good on initial investment plus risks) NEW Stock MOVER - SPACS were HOT - now by all accounts one of the worst performance groups EVER - AI Pivot - - - Not sure this has legs like some of the ones in the past... - Myseum shares more than doubled after the social media firm became the latest company to refocus efforts on artificial intelligence. -----Shares of Myseum, which has been renamed Myseum.AI, will still trade under the MYSE ticker - The New Jersey-based company announced Wednesday that it would change its name to Myseum.AI amid a concentration on integrating AI into its platforms like Picture Party and DatChat. Myseum will use AI agents to manage personal media in a way that adapts to users' preferences while also maintaining privacy, the company said. - Allbirds' shares during the previous session after the struggling shoemaker announced a pivot to AI (Went from $3 to $24 and now $11) Crypto News - Charles Schwab is rolling out crypto trading, allowing clients to buy bitcoin and ether in the coming weeks. - The move places the brokerage in direct competition with Robinhood and Coinbase, both of which tend to serve younger clients and offer commission-free trading on stocks (but still carry a fee on crypto). - Schwab is the latest example of increasing crypto acceptance by traditional financial firms that previously were waiting on the sidelines to launch crypto offerings. (Only Ether and Bitcoin) -- Stock was down on this news an some earnings hangover (8% from recent high) - Robinhood and Coinbase had some selling on the news too.... OpenAi - Nastyness - Sam Altman is seeking the dismissal of punitive damages claims in his sister's civil lawsuit accusing the OpenAI co-founder and chief executive of repeated sexual abuse more than two decades ago, an accusation he denies. - Annie Altman accused her brother of sexually abusing and raping her between 1997 and 2006 at the family home in suburban Clayton, Missouri, starting when she was three and he was 12. She said the "last acts of sexual abuse and rape" occurred when Sam Altman was an adult. He is now 40. - Sam Altman is countersuing his sister for defamation over her posts, including a video that said "an almost tech billionaire" molested her. (He is seeking $1) Other Strange - FBI Director Kash Patel filed a defamation lawsuit against the Atlantic and its reporter Sarah Fitzpatrick following the publication of an article on Friday alleging the director had a drinking problem that could pose a threat to national security. - The magazine's story, initially titled “Kash Patel's Erratic Behavior Could Cost Him His Job," cited more than two dozen anonymous sources expressing concern about Patel's “conspicuous inebriation and unexplained absences” that “alarmed officials at the FBI and the Department of Justice.” - The lawsuit, filed in U.S. District Court for the District of Columbia, seeks $250 million in damages. Netflix News - Netflix beat Wall Street expectations for first-quarter revenue and reported a big jump in earnings per share thanks in part to a termination fee related to its proposed Warner Bros. Discovery deal. - The company said it expects second-quarter revenue to increase 13% and reiterated its earlier warning that content spending would be weighted in the first half of the year due to the timing of title launches. - The company announced Reed Hastings, Netflix's co-founder and current chairman, would exit the board in June when his term expires. - Netflix reiterated that it's on track to reach $3 billion in advertising revenue in 2026, which would mark a doubling year over year, as that newer revenue line shows growth. ----Shares fell 9% after the announcement QVC - QVC Group Inc. has filed for bankruptcy protection in an effort to shed $5 billion in debt, as the company struggles with declining network viewership and stiff competition for its e-commerce operation. - QVC's business model, which relies on live sales sessions and call-in ordering, gave customers a sense of a personal relationship with their favorite peddlers, but the company's best year ever was in 2020, during the Covid-19 pandemic, and its revenue has dropped by more than a third since then. - The rise of short-form video platforms like TikTok, which has seen success with live shopping and has brought in more than $15 billion in US revenue in 2025, poses a significant challenge to QVC as it tries to restructure its debt and evolve its business model. - There will still be QVC for a while - really just a debt restructure - but eventually they are toast Spirit - 9 Lives? - Spirit Aviation Holdings Inc. has floated offering the US government an equity stake in the discount carrier to help stave off its potential liquidation, according to people familiar with the matter. - The Air Current first reported that Spirit is seeking a bailout from the US government. - Any proposed bailout is likely to get pushback from competitors that are also struggling with a spike in jet fuel prices during the conflict in the Middle East, some of the people said. Transportation Secretary Sean Duffy plans to meet with low-cost airline chief executives this week to discuss their challenges, the people said. Just IN - Jetblue CEO told employees it isn't considering filing for bankruptcy protection this year. - Geraghty's comments come amid higher fuel costs and speculation sparked by the New York-based carrier's founder that the airline could go bust. - The airline has sufficient liquidity and access to additional capital, Geraghty said in an internal memo reviewed by Bloomberg. That includes a recently secured $500 million loan backed by aircraft, with an option to raise another $250 million. Robot 1/2 Marathon - A humanoid robot completed a half-marathon in 50 minutes and 26 seconds, about seven minutes faster than the men's world record. - The second annual robot half marathon showed rapid advances in artificial intelligence, with 40% of the robots running autonomously and demonstrating improvement in handling generalized environments. - The race, which featured over 100 teams and 300 robots, showcased China's industrial policy priorities, including progress in artificial intelligence and robotics to mitigate the economic risks of an aging population. - About 40% of the robots this year rant autonomously Crazy Short Squeeze AVIS Earnings on the way... Microsoft EPS: ~$4.00–$4.05 (+15–17% YoY) Revenue: ~$81–82 billion (+15–16% YoY) Focus: Azure growth, AI monetization, and whether heavy AI spending is translating into margins. Alphabet (Google) EPS: ~$2.60–$2.70 (~5% YoY decline, due to higher depreciation) Revenue: ~$106–107 billion (+18–20% YoY) Focus: Strong Cloud growth and proof that AI investment is turning into sustainable revenue. Meta Platforms EPS: ~$6.60–$6.70 (+20%+ YoY) Revenue: ~$55–56 billion (+18–22% YoY) Focus: AI?driven advertising performance, core margins, and cost discipline outside Reality Labs. Amazon EPS: ~$1.60–$1.65 (+10–12% YoY) Revenue: ~$177–180 billion (+13–14% YoY) Focus: AWS growth, advertising margins, and clarity around large AI capital spending plans. Apple EPS: ~$1.90–$2.00 (+15–16% YoY) Revenue: ~$90–95 billion (mid?teens YoY growth) Focus: Services growth, iPhone demand stability, and capital return priorities.       Love the Show? Then how about a Donation? THE WINNER OF THE CLOSEST TO THE PIN for NETGEAR Winners will be getting great stuff like the new "OFFICIAL" DHUnplugged Shirt!     FED AND CRYPTO LIMERICKS   See this week's stock picks HERE Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter

On today's podcast episode, we discuss the three big questions surrounding Netflix right now: Will leaving Warner Bros. Discovery behind be a good long-term move? Can Netflix double its advertising revenue this year? And will the streaming giant be okay after its co-founder Reed Hastings leaves the company? And more. Join Senior Director of Podcasts and host Marcus Johnson, along with Senior Analyst Ross Benes and Senior Editor of our Marketing and Advertising Briefing, Daniel Konstantinovic. Listen everywhere, and watch on YouTube, Apple, and Spotify.   Subscribe to EMARKETER's newsletters. Go to https://www.emarketer.com/newsletters   Follow us on Instagram at: https://www.instagram.com/emarketer/   For sponsorship opportunities, contact us: advertising@emarketer.com   For more information, visit: https://www.emarketer.com/advertise/   Have questions or just want to say hi? Drop us a line at podcast@emarketer.com    For a transcript of this episode, click here: https://www.emarketer.com/content/podcast-leaving-wbd-behind-reed-saying-goodbye-3-big-questions-netflix-behind-numbers   © 2026 EMARKETER

Reed Hastings has announced he'll leave the board at Netflix, the company he co-founded. Before that news broke, Reid and Aria sat down with Hastings on "Possible" to talk about how technology has rewritten the rules of entertainment before, but AI takes him back to his beginnings. He studied AI at Stanford in the late '80s, decades before it became the only conversation in tech. Few people have watched this moment build from as many vantage points: he's served on the boards of Microsoft, Meta, Bloomberg, and, now, Anthropic. In this episode, they talk about what AI changes in entertainment in the stories themselves, and who gets to tell them. They ask what AI can deliver for education, an area Reed has poured hundreds of millions to reform. They dig into whether the disruption coming for workers is a wages problem, a jobs problem, or something else entirely. And they ask what a two-superpower AI race means for everyone else.For more info on Possible and transcripts of all its episodes, visit https://www.possible.fm/podcast/See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Clicks sells off following its latest results – we unpack the market reaction with Petri Redelinghuys from Herenya Capital Advisors. Is this about the numbers, or a consumer under growing pressure? Warren Buhai of STANLIB Asset Management weighs in on rising private credit risks in the US – and whether they pose any real threat locally. Plus, Simon's take on big leadership shifts: Reed Hastings steps back from Netflix, and Tim Cook exits Apple – what does it mean for markets and investor confidence?

This week, Reid and Aria sit down with Netflix co-founder Reed Hastings. Reed has seen technology rewrite the rules of entertainment before, but AI takes him back to his beginnings: he studied it at Stanford in the late '80s, decades before it became the only conversation in tech. Few people have watched this moment build from as many vantage points: he's served on the boards of Microsoft, Meta, Bloomberg, and, now, Anthropic. In this episode, they talk about what AI changes in entertainment in the stories themselves, and who gets to tell them. We ask what AI can deliver for education, an area Reed has poured hundreds of millions to reform. We dig into whether the disruption coming for workers is a wages problem, a jobs problem, or something else entirely. And we ask what a two-superpower AI race means for everyone else. Note: we recorded this episode with Reed Hastings before he announced that he won't stand for re-election to the Netflix board. For more info on the podcast and transcripts of all the episodes, visit https://www.possible.fm/podcast/

Japan wendet sich unter Ministerpräsidentin Sanae Takaichi weiter von seinem pazifistischen Kurs ab, den es nach dem Zweiten Weltkrieg eingeschlagen hatte: Das Land lockert die Regeln für Waffenexporte. Warum dies gerade jetzt geschieht, ordnet Thorsten Iffland, ARD-Korrespondent in Tokyo, ein. - Im Zuge der Waffenruhe mit den USA sollte der Iran die Blockade der Strasse von Hormus aufheben. Doch das ist nur zum Teil geschehen. Toby Matthiesen, Nahost-Fachmann an der Universität Bristol, sagt wie aussergewöhnlich diese Blockade historisch gesehen ist. - Netflix steht für das Streamen von Serien und Filmen. Geprägt hat das Unternehmen vor allem einer: Reed Hastings. Nach fast 30 Jahren tritt er jetzt ab. Digitalredaktor Guido Berger sagt, was das für die Firma bedeutet. - Blue Origin hat einen Satelliten in die falsche Umlaufbahn gebracht. Die private US-Raumfahrt-Firma von Amazon-Gründer Jeff Bezos macht SpaceX von Elon Musk Konkurrenz. Was der Satellit damit zu tun hat, erklärt Christian von Burg aus der SRF-Wissenschaftsredaktion.

SEASON 4 EPISODE 80: COUNTDOWN WITH KEITH OLBERMANN A-Block (3:00) SPECIAL COMMENT: Nobody is at the wheel of Trump's war in Iran. Is the Strait of Hormuz open or is it closed? Are there peace talks with Iran in Pakistan TOMORROW… or nah? Is Jayvee Vance going? Is Iran going? Has Trump scheduled peace talks where we’re the only ones there? Will it make any difference if we’re the only ones there? Doesn’t “blowing a hole in the engine room” of an Iranian cargo ship yesterday mean we aren’t honoring Trump’s own ceasefire he boasted about? Are we paying 20 billion dollars for the Iranian uranium and hostages? The same uranium and hostages Obama bought for 400 million and Trump called him a traitor? Or is that a no? Don’t ask Trump – he doesn’t know. But that won’t stop him from answering anyway. Yes. Then Nope. Then Yes again. Then: All of the Above. in 48 hours he went from 13 posts congratulating himself on winning, to insisting he would stop being “Mr. Nice Guy” and blow up all of Iran. By the way, eactly when was he “Mr. Nice Guy”? We are LOSING the war in Iran and as of today a total idiot is still president and commander-in-chief. He gets questions about the pointless war he started to divert attention from Epstein and the economy he crashed, so he orders the reporters out of the Oval Office, and sits there with hapless munchkin Little Joe Rogan standing behind him, the shine off his cueball noggin blinding cameras and journalists alike. Trump has set off a chain of events over which he no longer has any control – except to withdraw and flee – and to withdraw and flee is to acknowledge he screwed up. And this man would jump off the roof of the White House before admitting he screwed up. The Trump “Administration” has so UTTERLY jumped the shark, that the truthers are coming out from inside MAGA: Alex Jones now insists Trump has done all this DELIBERATELY, because he has made a “deal with the deep state to throw the election to the Democrats." Marjorie Taylor Greene has joined the Trump Assassination Truthers and Trump himself has floated a kind of conspiracy theory ABOUT himself… he wrote ‘Praise Be To Allah’ on Easter morning to “seem as unstable and insulting as possible.” He wanted to seem as unstable as possible? MISSION ACCOMPLISHED, Trump! You’ve finally done something you promised! B-Block (28:30) THE WORST PERSONS IN THE WORLD: Before the year is out, Major League Baseball will threaten to lock the players out and cancel the season in 2027 because the smaller market teams can't make enough money to compete. One of those teams just sold for $3.1 billion more than it did in 2012. New York's hockey teams support a) Trump putting his name on public buildings or b) legal funds for cops convicted of killing unarmed civilians. Vivek Ramaswamy dismisses his opponent talking about being raped as a child as her "complaining." And Lauren Boebert thinks Congress is too horny and she won't remain, uh, hands off. C-Block (45:00) THINGS I PROMISED NOT TO TELL: Netflix stock took a huge hit, supposedly after the co-founder Reed Hastings announced he was bowing out. But I think it might've been another announcement that did it. They are going into news podcasts with - Brian Williams? The story of how he imploded at NBC, while I was literally an eyewitness to his public self-destruction, and the advice I gave his bosses that could have saved him (and them) if they hadn't ignored it.See omnystudio.com/listener for privacy information.

As Anthropic, OpenAI, and industry giants race to outpace each other, data centers and supply chains are straining, while job markets and open-source communities feel the heat. Listen in for a roundtable on whether AI is fueling innovation, burnout, or just the next tech bubble. Anthropic releases Claude Opus 4.7, concedes it trails unreleased Mythos Nobody knows how many CVEs Anthropic's Project Glasswing has actually found You're About to See a Lot of Critical Software Updates. Don't Ignore Them. Cal.com Is Going Closed Source Because of AI AI anxiety is turning volatile Humanoid robots race past humans in Beijing half-marathon, showing rapid advances Snap Is Laying Off 16% of Full-Time Staff as It Embraces A.I. Musk v. Altman Is a Battle for OpenAI's Soul The Little Probe That Could: Why Voyager 1 Matters, and Why NASA Just Switched Part of It Off Sam Altman's project World looks to scale its human verification empire. First stop: Tinder. Meta Must Face Youth Addiction Lawsuit by Massachusetts, Court Rules Section 230 Is Dying By A Thousand Workarounds, And Massachusetts Just Added Another One Live Nation and Ticketmaster lose monopoly case Anna's Archive told to pay Spotify and record labels $322 million over unprecedented music scraping Roblox agrees to a $12 million settlement with Nevada Judge sides with creators of banned ICE trackers who allege DHS and DOJ violated their First Amendment rights What's the point of the App Store, if it can't protect users? TotalRecall Reloaded tool finds a side entrance to Windows 11's Recall database Google, Microsoft, Meta All Tracking You Even When You Opt Out, According to an Independent Audit It Is Time to Ban the Sale of Precise Geolocation Google Broke Its Promise to Me. Now ICE Has My Data. | Electronic Frontier Foundation Billionaire Netflix cofounder Reed Hastings is leaving the company Venture capitalist Ron Conway says he is starting treatment for a 'rare' cancer Host: Leo Laporte Guests: Louis Maresca, Wesley Faulkner, and Glenn Fleishman Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free audio and video feeds, a members-only Discord, and exclusive content. Join today: https://twit.tv/clubtwit Sponsors: NetSuite.com/TWIT zscaler.com/security expressvpn.com/twit shopify.com/twit cachefly.com/twit

Dan Nathan and Guy Adami discuss an unusually persistent market rally, with a “sea of green” pushing the S&P 500 to new highs as crude oil reverses lower on signs the Strait of Hormuz remains open during a ceasefire. They debate whether investors are conditioned to buy dips even if Middle East tensions flare again, noting VIX levels and an overbought setup heading into the heart of earnings. They flag Netflix down 10% despite solid free cash flow, attributing the drop to guidance and Reed Hastings leaving the board, and call out Intel's near-parabolic move ahead of a pivotal print. They also examine software's potential inflection (including SAP), strong bank CEO tone on the consumer, energy-stock pullbacks as buying opportunities, homebuilders surging on lower yields, and key upcoming guests and shows. —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media

As Anthropic, OpenAI, and industry giants race to outpace each other, data centers and supply chains are straining, while job markets and open-source communities feel the heat. Listen in for a roundtable on whether AI is fueling innovation, burnout, or just the next tech bubble. Anthropic releases Claude Opus 4.7, concedes it trails unreleased Mythos Nobody knows how many CVEs Anthropic's Project Glasswing has actually found You're About to See a Lot of Critical Software Updates. Don't Ignore Them. Cal.com Is Going Closed Source Because of AI AI anxiety is turning volatile Humanoid robots race past humans in Beijing half-marathon, showing rapid advances Snap Is Laying Off 16% of Full-Time Staff as It Embraces A.I. Musk v. Altman Is a Battle for OpenAI's Soul The Little Probe That Could: Why Voyager 1 Matters, and Why NASA Just Switched Part of It Off Sam Altman's project World looks to scale its human verification empire. First stop: Tinder. Meta Must Face Youth Addiction Lawsuit by Massachusetts, Court Rules Section 230 Is Dying By A Thousand Workarounds, And Massachusetts Just Added Another One Live Nation and Ticketmaster lose monopoly case Anna's Archive told to pay Spotify and record labels $322 million over unprecedented music scraping Roblox agrees to a $12 million settlement with Nevada Judge sides with creators of banned ICE trackers who allege DHS and DOJ violated their First Amendment rights What's the point of the App Store, if it can't protect users? TotalRecall Reloaded tool finds a side entrance to Windows 11's Recall database Google, Microsoft, Meta All Tracking You Even When You Opt Out, According to an Independent Audit It Is Time to Ban the Sale of Precise Geolocation Google Broke Its Promise to Me. Now ICE Has My Data. | Electronic Frontier Foundation Billionaire Netflix cofounder Reed Hastings is leaving the company Venture capitalist Ron Conway says he is starting treatment for a 'rare' cancer Host: Leo Laporte Guests: Louis Maresca, Wesley Faulkner, and Glenn Fleishman Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free audio and video feeds, a members-only Discord, and exclusive content. Join today: https://twit.tv/clubtwit Sponsors: NetSuite.com/TWIT zscaler.com/security expressvpn.com/twit shopify.com/twit cachefly.com/twit

As Anthropic, OpenAI, and industry giants race to outpace each other, data centers and supply chains are straining, while job markets and open-source communities feel the heat. Listen in for a roundtable on whether AI is fueling innovation, burnout, or just the next tech bubble. Anthropic releases Claude Opus 4.7, concedes it trails unreleased Mythos Nobody knows how many CVEs Anthropic's Project Glasswing has actually found You're About to See a Lot of Critical Software Updates. Don't Ignore Them. Cal.com Is Going Closed Source Because of AI AI anxiety is turning volatile Humanoid robots race past humans in Beijing half-marathon, showing rapid advances Snap Is Laying Off 16% of Full-Time Staff as It Embraces A.I. Musk v. Altman Is a Battle for OpenAI's Soul The Little Probe That Could: Why Voyager 1 Matters, and Why NASA Just Switched Part of It Off Sam Altman's project World looks to scale its human verification empire. First stop: Tinder. Meta Must Face Youth Addiction Lawsuit by Massachusetts, Court Rules Section 230 Is Dying By A Thousand Workarounds, And Massachusetts Just Added Another One Live Nation and Ticketmaster lose monopoly case Anna's Archive told to pay Spotify and record labels $322 million over unprecedented music scraping Roblox agrees to a $12 million settlement with Nevada Judge sides with creators of banned ICE trackers who allege DHS and DOJ violated their First Amendment rights What's the point of the App Store, if it can't protect users? TotalRecall Reloaded tool finds a side entrance to Windows 11's Recall database Google, Microsoft, Meta All Tracking You Even When You Opt Out, According to an Independent Audit It Is Time to Ban the Sale of Precise Geolocation Google Broke Its Promise to Me. Now ICE Has My Data. | Electronic Frontier Foundation Billionaire Netflix cofounder Reed Hastings is leaving the company Venture capitalist Ron Conway says he is starting treatment for a 'rare' cancer Host: Leo Laporte Guests: Louis Maresca, Wesley Faulkner, and Glenn Fleishman Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free audio and video feeds, a members-only Discord, and exclusive content. Join today: https://twit.tv/clubtwit Sponsors: NetSuite.com/TWIT zscaler.com/security expressvpn.com/twit shopify.com/twit cachefly.com/twit

As Anthropic, OpenAI, and industry giants race to outpace each other, data centers and supply chains are straining, while job markets and open-source communities feel the heat. Listen in for a roundtable on whether AI is fueling innovation, burnout, or just the next tech bubble. Anthropic releases Claude Opus 4.7, concedes it trails unreleased Mythos Nobody knows how many CVEs Anthropic's Project Glasswing has actually found You're About to See a Lot of Critical Software Updates. Don't Ignore Them. Cal.com Is Going Closed Source Because of AI AI anxiety is turning volatile Humanoid robots race past humans in Beijing half-marathon, showing rapid advances Snap Is Laying Off 16% of Full-Time Staff as It Embraces A.I. Musk v. Altman Is a Battle for OpenAI's Soul The Little Probe That Could: Why Voyager 1 Matters, and Why NASA Just Switched Part of It Off Sam Altman's project World looks to scale its human verification empire. First stop: Tinder. Meta Must Face Youth Addiction Lawsuit by Massachusetts, Court Rules Section 230 Is Dying By A Thousand Workarounds, And Massachusetts Just Added Another One Live Nation and Ticketmaster lose monopoly case Anna's Archive told to pay Spotify and record labels $322 million over unprecedented music scraping Roblox agrees to a $12 million settlement with Nevada Judge sides with creators of banned ICE trackers who allege DHS and DOJ violated their First Amendment rights What's the point of the App Store, if it can't protect users? TotalRecall Reloaded tool finds a side entrance to Windows 11's Recall database Google, Microsoft, Meta All Tracking You Even When You Opt Out, According to an Independent Audit It Is Time to Ban the Sale of Precise Geolocation Google Broke Its Promise to Me. Now ICE Has My Data. | Electronic Frontier Foundation Billionaire Netflix cofounder Reed Hastings is leaving the company Venture capitalist Ron Conway says he is starting treatment for a 'rare' cancer Host: Leo Laporte Guests: Louis Maresca, Wesley Faulkner, and Glenn Fleishman Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free audio and video feeds, a members-only Discord, and exclusive content. Join today: https://twit.tv/clubtwit Sponsors: NetSuite.com/TWIT zscaler.com/security expressvpn.com/twit shopify.com/twit cachefly.com/twit

As Anthropic, OpenAI, and industry giants race to outpace each other, data centers and supply chains are straining, while job markets and open-source communities feel the heat. Listen in for a roundtable on whether AI is fueling innovation, burnout, or just the next tech bubble. Anthropic releases Claude Opus 4.7, concedes it trails unreleased Mythos Nobody knows how many CVEs Anthropic's Project Glasswing has actually found You're About to See a Lot of Critical Software Updates. Don't Ignore Them. Cal.com Is Going Closed Source Because of AI AI anxiety is turning volatile Humanoid robots race past humans in Beijing half-marathon, showing rapid advances Snap Is Laying Off 16% of Full-Time Staff as It Embraces A.I. Musk v. Altman Is a Battle for OpenAI's Soul The Little Probe That Could: Why Voyager 1 Matters, and Why NASA Just Switched Part of It Off Sam Altman's project World looks to scale its human verification empire. First stop: Tinder. Meta Must Face Youth Addiction Lawsuit by Massachusetts, Court Rules Section 230 Is Dying By A Thousand Workarounds, And Massachusetts Just Added Another One Live Nation and Ticketmaster lose monopoly case Anna's Archive told to pay Spotify and record labels $322 million over unprecedented music scraping Roblox agrees to a $12 million settlement with Nevada Judge sides with creators of banned ICE trackers who allege DHS and DOJ violated their First Amendment rights What's the point of the App Store, if it can't protect users? TotalRecall Reloaded tool finds a side entrance to Windows 11's Recall database Google, Microsoft, Meta All Tracking You Even When You Opt Out, According to an Independent Audit It Is Time to Ban the Sale of Precise Geolocation Google Broke Its Promise to Me. Now ICE Has My Data. | Electronic Frontier Foundation Billionaire Netflix cofounder Reed Hastings is leaving the company Venture capitalist Ron Conway says he is starting treatment for a 'rare' cancer Host: Leo Laporte Guests: Louis Maresca, Wesley Faulkner, and Glenn Fleishman Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free audio and video feeds, a members-only Discord, and exclusive content. Join today: https://twit.tv/clubtwit Sponsors: NetSuite.com/TWIT zscaler.com/security expressvpn.com/twit shopify.com/twit cachefly.com/twit

Netflix beat on revenue and income but dropped 10%+ on weak Q2 guidance as Reed Hastings exits the board. Anthropic launches Claude Design, OpenAI overhauls Codex Desktop with computer control, and DeepSeek seeks its first outside funding at $10B+. Netflix reports Q1 revenue up 16% YoY to $12.25B, vs. $12.2B est., net income up 83% YoY to $5.28B, and forecasts Q2 EPS and revenue below est.; NFLX drops 10%+ (Bloomberg) Anthropic launches Claude Design, a new experimental product that lets users create visuals like prototypes, slides, one-pagers, and more using Claude (TechCrunch) Sources: Dario Amodei is set to meet with WH Chief of Staff Susie Wiles on Friday, a breakthrough in Anthropic's effort to resolve its fight with the Pentagon (Axios) OpenAI updates its Codex desktop app with features like computer control, an in-app browser, image generation, automation memory, plugin support, and more (ZDNet) Sources: DeepSeek is in talks to raise outside capital for the first time, seeking at least $300M at a valuation of at least $10B (The Information) Longreads India produces 1.5M+ CS graduates annually, but AI coding tools are forcing its $315B IT outsourcing industry into an existential reckoning (Bloomberg) Doug Liman's $70M movie Bitcoin: Killing Satoshi uses AI for sets, lighting, and more in post-production, cutting costs from an estimated $300M (The Wrap) Defunct startups are being liquidated for their Slack archives, Jira tickets, and email threads—operational exhaust that AI labs now treat as premium training data (Forbes) Learn more at liquid.trade/techbrew. Disclaimer: ● Initial 3 week subscription and 4 weeks of medication from $79 plus tax and $179 per month plus tax for 12 week subscription thereafter. Final pricing depends on program selection. ● Noom GLP-1Rx Program involves healthy diet, exercise and support. Individual results vary. Meds & personalization based on clinical need. Not reviewed by FDA for safety, efficacy, or quality. No affiliation with Novo Nordisk Inc., the only US source of FDA-approved semaglutide. Not available in all 50 US states ● Based on an analysis of self reported data from 1,254 engaged Noom users. Learn more about your ad choices. Visit megaphone.fm/adchoices

President Donald Trump said Lebanon and Israel had agreed to a 10-day ceasefire, the US Treasury's status as the world's lowest-cost dollar borrower is facing a fresh challenge, and Netflix's chair and founder is stepping down. Plus, Iran secretly acquired a Chinese spy satellite that has helped it target US military bases across the Middle East during the war, and shares in the world's biggest chocolate maker aren't looking so sweet.Mentioned in this podcast:Israel and Lebanon agree 10-day ceasefire, Trump saysUS's status as lowest-cost dollar borrower challenged as investors shun Trump riskNetflix founder Reed Hastings to step down from boardIran used Chinese spy satellite to target US basesShares at world's biggest chocolate maker Barry Callebaut plunge as cocoa prices collapseCredit: BBCNote: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted by Sonja Hutson, and produced by Saffeya Ahmed, Victoria Craig, and Fiona Symon. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann, David da Silva, and Michela Tindera. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT's Global Head of Audio. The show's theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

In the Middle East, Israel and Lebanon have agreed to a 10-day ceasefire, and Iran declared the Strait of Hormuz open to shipping. Meanwhile, President Trump reassures Americans that the war in Iran is going “swimmingly.” Former Assistant Secretary of State Mark Kimmitt discusses the negotiations in the region and the leverage of each stakeholder. In business, Anthropic may be bringing its Mythos LLM to some government agencies, and Netflix's CEO Reed Hastings is stepping down. Plus, obesity expert Dr. Angela Fitch addresses the link between GLP-1s and mental health.    Mark Kimmitt - 14:04 Dr. Angela Fitch - 24:32   In this episode: Kelly Evans, @KellyCNBC Joe Kernen, @JoeSquawk Katie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Story of the Week (DR):Sneaker Company Allbirds Plans to Pivot to A.I. Yes, A.I. MMAfter selling its business for $39 million last month, the company said it planned to buy powerful computer chips and rebrand itself NewBird AI.Allbirds is ditching years of clean and green street credEach share of Class A common stock is entitled to one vote on each proposal and each share of Class B common stock is entitled to ten votes on each proposalClassified: one Class I director to hold office until the 2028 Annual MeetingAI/technology experience on board: ZEROVoting powerCofounder/former CEO/director Joseph Zwillinger (24%)VC dude: B.S. in Industrial Engineering and Operations Research; M.B.A. Wharton; director since 2015Cofounder/former CEO/director Timothy Brown (27%)Former soccer player: B.S. in Design; M.Sc. in International Management; director since 2015 Director Dan Levitan (33%)VC dude: B.A. in history from Duke University and an M.B.A. from Harvard; director since 2016Lead independent director and “effective chairperson” Dick Boyce (4%)VC dude; B.S.E from Princeton and M.B.A. from Stanford; director since 20162 whole womenAlsoSnap blames AI as it lays off 1,000 workersStarbucks launches beta app in ChatGPT to fuel new drink discoveryUS Army Builds First AI Chatbot for Troops, Trained on Live Conflict Data From Iran and Ukraine, Built on Reddit-Style ForumsMeta is making an AI Mark Zuckerberg to talk to employees, report says‘AI Is Our Friend,' Morgan Stanley CEO SaysTrump administration taps automakers to boost weapons production in WWII-style pushSenior U.S. defense officials have held talks about producing weapons and other military supplies with top executives ​of companies includingGeneral MotorsCEO/Chair Mary Barra has spent 2025 and 2026 "cozying up" to the administration. In recent shareholder letters, she has explicitly thanked Trump for his support of the industry and praised his tariff policy for "leveling the playing field."Director Wesley G. Bush: the former CEO of defense giant Northrop Grumman also sits on the board of GE Aerospace, acting as a major link to the administration's military expansion goals.Two weeks prior to his resignation as CEO, a scathing independent review outlined the 14-year delay, 19x budget overrun ($800M), and numerous human errors made by Northrop Grumman in the construction of the James Webb Space Telescope, which led to Wes testifying before congressGM donated $1 million to the 2025 inauguration and supplied the official presidential motorcade vehicles, continuing their long-standing traditionFord MotorCEO Jim Farley has been described as a frequent caller to President Trump. In January 2026, Trump was caught on a live mic during a Michigan factory tour claiming Farley calls him "all the time" to push for the repeal of environmental "garbage" (EPA regulations).Chair William Clay (Bill) Ford Jr.: has maintained what he calls a "great relationship" with President Trump since the 2024 election. In January 2026, he personally hosted Trump at the Ford Rouge Center in Dearborn, where they toured F-150 production lines.Ford Motor Company was one of the first major corporations to "line up" for the 2025 inauguration. The company donated $1 million to the Trump-Vance Inaugural Committee and provided a fleet of vehicles for the ceremony's transportation needsDirector Jon Huntsman Jr. served as Trump's Ambassador to Russia during his first term.GE AerospaceCEO/Chair Larry Culp has a very direct win-win relationship with the administration. In May 2025, Culp accompanied President Trump on a high-stakes trip to the Middle East.During that trip, Trump helped broker a $96 billion order from Qatar Airways for Boeing jets, which will be powered exclusively by GE engines.Culp was seen side-by-side with Trump in Doha celebrating the deal.Director Wesley G. Bush: the former CEO of defense giant Northrop Grumman also sits on the board of GM, acting as a major link to the administration's military expansion goals.OshkoshDirector David Perkins: a retired 4-star General and former commander of the U.S. Army Training and Doctrine Command (TRADOC)U.S. tech companies ramp up government lobbying amid Iran war uncertaintyNetflix Chair Reed Hastings to Leave Board in June The founder is stepping aside to focus on his philanthropic effortsSarandos or Peters or Hoag?Average Frequency 2004: approximately 5 to 6 discs per month per subscriberToday: Monthly Average: This adds up to about 31 to 32 hours per month.The "Browsing" Tax: Interestingly, data shows that the average user spends about 18 minutes per day just scrolling through the menu before actually hitting "play." If you include that, people are "using" the app for nearly 40 hours a monthPopulist math time: that's 6570 minutes=109.5 hours=4.6 daysAccording to the latest data from the U.S. Bureau of Labor Statistics (BLS) for March/April 2026, the average hourly wage in America is: $37.38 per hour=$4093.11Average US minimum wage is $11.60=$1270.20IBM folds to Trump anti-DEI push, admits no misconduct but pays $17M penalty3 (of 14) women with 11% total influence: no leadership positions21 execs/5 women: 3 are Assistant General Counsel, Chief Human Resources Officer, Chief Legal OfficerWhite House study says DEI policies cost US economy by promoting unqualified managersGoodliest of the Week (MM/DR):DR: Oil prices may be falling, but for the wrong reason: ‘Demand destruction' throttling global consumptionEuropean Airlines Face Fuel Shortages Within WeeksDR: Karen S. Carter Named Dow CEO; Number Of Black Women Running Fortune 500 Companies Now At 2MM: Big grid batteries are finally on a roll in New EnglandAssholiest of the Week (MM):There is one asshole of the week - protection from liability. Here are the incarnations.Security: We're in a new era of heightened CEO safety measures, security pros sayStarbucks Mandates CEO Private Jet Use After Security ReviewMeta spends more guarding Mark Zuckerberg than Apple, Nvidia, Microsoft, Amazon, and Alphabet do for their own CEOs—combinedFriday's attack on Sam Altman's house underscores a growing worry for some CEOs: safety at homeSnap paid $2.8 million for CEO and cofounder Evan Spiegel's personal securityAlphabet paid $8.3 million for CEO Sundar PichaiMusk = $2.4mHuang = $2.2mTech billionaires seem to be doom prepping. Should we all be worried?Reid Hoffman, the co-founder of LinkedIn, has talked about "apocalypse insurance".Security costs are directly correlated to how much we hate the CEOs - this is not a mistake, literally these people are the ones who take advantage of employees and customers, ruin the free world, destroy everything they touch and make billions doing itI never need to make an asshole list again - I just need to identify what company pays the most for security for their CEODamion's prediction of a corporate nation state is close - small armies, bubbles and islands, no accountability?Social Media: Meta vows appeal of 'landmark' social media verdicts, warns of free speech erosionSo now Meta is arguing that the teen in California was harmed by the content, which is protected by section 230, so Meta can't be liable. But the teen argued that the DESIGN of Meta social media was the problem, NOT the content, and that's how they wonMeta and Google lost because of content recommendations, not content - the recommendations are entirely in the control of Meta and GoogleMeta is effectively now arguing that algorithmic delivery is free speech - but they talk out of the other side of their mouths when coddling Trump and conservatives, because if algorithm is free speech here, it means content moderation IS ALSO FREE SPEECH since the algorithm IS MODERATIONIf Meta wins on appeal, it means that the social media companies can never be liable for anything - not the product design, not the content - it is the ultimate coup, there would be nothing you could possible sue them forNew study shows just how Facebook's algorithm shapes conservative and liberal bubblesLegislation: Bill Cunningham, Illinois State Rep DROpenAI Backing Law That Protects It When AI Causes Mass Deaths and Other MayhemAnthropic Opposes the Extreme AI Liability Bill That OpenAI BackedProvides that a developer of a frontier artificial intelligence model shall not be held liable for critical harms caused by the frontier model if the developer did not intentionally or recklessly cause the critical harms and the developer publishes a safety and security protocol and transparency report on its website. Provides that a developer shall be deemed to have complied with these requirements if the developer: (1) agrees to be bound by safety and security requirements adopted by the European Union; or (2) enters into an agreement with an agency of the federal government that satisfies specified requirements. Sets forth requirements for safety and security protocols and transparency reports. Provides that the Act shall no longer apply if the federal government enacts a law or adopts regulations that establish overlapping requirements for developers of frontier models."Critical harm" means the death or serious injury of 100 or more people or at least $1,000,000,000 of damages to rights in property caused or materially enabled by a frontier model, through either: (1) the creation or use of a chemical, biological, radiological, or nuclear weapon; or (2) engaging in conduct that: (A) acts with no meaningful human intervention; and (B) would, if committed by a human, constitute a criminal offense that requires intent, recklessness, or negligence, or the solicitation or aiding and abetting of such a crime.Headliniest of the WeekDR: Amazon Accused of Hiding Worker's Death for a Week, Making Employees Keep Working as Corpse Lay on FloorDR:374Water Reappoints Richard "Rick" Davis to the Company's Board of Directors AND CMC Announces Appointment of Michael 'Mike' Dumais to Board of Directors AND Regis Corporation Announces Appointment of William “Bill” Charters as Independent DirectorMM: ChatGPT's “Honest Reaction” to a “Song” Composed Entirely of Gas-Passing Noises Will Make You Question Whether It's Honestly Evaluating Your Other Brilliant IdeasWho Won the Week?DR: Wesley BushMM: Anyone who wants to cause “critical harm” to societyPredictionsDR: Wharton creates two new MBA courses inspired by Allbirds: MKTG 655: Consumer Gaslighting & The Algorithmic Pivot and MGMT 910: Advanced Failing UpwardsMM: In 2027, Reed Hastings will be elected as an independent director at Netflix

Ben and Tom discuss tech world turnover and the week ahead. Join our live YouTube stream Monday through Friday at 8:30 AM EST:http://www.youtube.com/@TheMorningMarketBriefingPlease see disclosures:https://www.narwhal.com/disclosure

Kenneth Suh and Matt Dolgin explain why Netflix (NFLX) shares slid even after posting an earnings beat. The main culprits: weaker guidance and news of Reed Hastings stepping down from the board. They discuss the balance between pricing power and subscriber retention as Netflix expands into live sports, advertising, and video podcasting. ======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

Market update for Friday April 17, 2026Check out the Public app for incredible investing tools and to support the show (LINK)Follow us on Instagram (@TheRundownDaily) for bonus content and instant reactions.In today's episode:Iran opens the Strait of Hormuz, oil drops below $90Netflix beats earnings but the stock gets crushed anyway (plus Reed Hastings is leaving)Google's SpaceX investment could be worth $100 billion.Elon is buying his own Cybertrucks to prop up sales numbersNiSource lands energy deals with Google and Amazon for AI data centersAlcoa misses on earnings NBA ratings hit a 7-year high

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) President Donald Trump claimed Iran has made key concessions in an ongoing negotiation to end the seven-week war, while a ceasefire between Israel and Hezbollah in Lebanon increased the prospect of a broader peace.Trump said it may not be necessary to renew an April 7 truce with the Islamic Republic before it expires next week, defying expectations that an extension will be needed to allow more time for diplomacy. 2) Some leaders in Arab states in the Persian Gulf and Europe expect it will take about six months to agree to a peace accord and that the ceasefire should be extended to cover that period, according to officials familiar with the matter, who asked not to be identified discussing private talks. That’s in part to allow for a reopening of the critical Strait of Hormuz waterway, they said. 3) Netflix Inc. gave a forecast for the second quarter that fell short of analysts’ expectations, sending the shares tumbling in extended trading.The streaming pioneer also announced that Chairman and co-founder Reed Hastings is stepping down from the board at the company’s annual meeting after 29 years to pursue philanthropy and personal interests.See omnystudio.com/listener for privacy information.

Anthropic veröffentlicht Claude Opus 4.7 mit deutlichen Fortschritten bei Agentic-Coding, Reasoning und Financial Analysis. Heavy-User werden zunehmend auf Token-basierte Abrechnung umgestellt. Investoren wollen bei $800 Mrd. in Anthropic investieren – mehr als doppelt so viel wie die letzte Bewertung. OpenAI stellt sein Werbemodell von CPM auf CPC um, nachdem die Budgets der ersten Advertiser kaum ausgegeben werden. Amazon kauft den Telko-Anbieter Globalstar für sein Satelliten-Projekt Leo und beschleunigt mit Project Houdini den modularen Data-Center-Bau. Apple schickt sein Siri-Team ins Coding-Bootcamp. Trade Republic stellt 1000 externe Kundenservice-Mitarbeiter ein. SumUp plant einen IPO in London bei $10 Mrd. Bewertung. Das Pentagon verhandelt heimlich mit Anthropic über Zugang zu Mythos. Der Saudi-PIF zieht sich aus Liv Golf und Al-Hilal zurück. Snap entlässt 1000 Mitarbeiter. ASML leidet unter China-Exportrestriktionen, TSMC steigert den Gewinn um 60%. Netflix-Gründer Reed Hastings tritt nach 25 Jahren ab. Allbirds pivotiert vom Schuhhersteller zum GPU-Service. Unterstütze unseren Podcast und entdecke die Angebote unserer Werbepartner auf ⁠⁠⁠⁠⁠⁠doppelgaenger.io/werbung⁠⁠⁠⁠⁠⁠. Vielen Dank!  Philipp Glöckler und Philipp Klöckner sprechen heute über: (00:00:00) Claude Opus 4.7 & Token-Pricing (00:09:48) OpenAI: Rabatte gegen Churn & von CPM auf CPC (00:22:01) Amazon kauft Globalstar, Project Houdini (00:28:41) Apple schickt Siri-Team ins Bootcamp (00:35:05) Trade Republic: 1000 Leute für Support (00:40:25) SumUp plant IPO in London (00:42:42) Saudi PIF zieht sich aus Sport zurück (00:51:41) Earnings: ASML, TSMC, Netflix (00:57:20) Pentagon verhandelt heimlich mit Anthropic (00:59:50) Allbirds pivotiert zu GPU-Service Shownotes Anthropic Opus 4.7 veröffentlicht - heise.de Anthropic stellt auf nutzungsbasierte Abrechnung um - theinformation.com Anthropic: Investoren bieten bei $800 Mrd. - bloomberg.com OpenAI plant neues Pricing für ChatGPT-Ads - theinformation.com OpenAI releases new cyber security model - ft.com Amazon kauft Globalstar - reuters.com Amazon Project Houdini: Modulare Data Center - businessinsider.com Data centre delays - ft.com Apple schickt Siri-Team ins Coding-Bootcamp - theinformation.com Trade Republic: 1.000 Leute für Kundenservice - finanz-szene.de SumUp plant IPO in London - bloomberg.com Liv Golf: Unsicherheit bei Saudi-Finanzierung - nbcnews.com PIF verkauft Al-Hilal-Anteil - peinsights.substack.com Hastings verlässt Netflix-Vorstand - techcrunch.com Pentagon will Anthropic Mythos für nationale Sicherheit - axios.com Allbirds - ft.com Trade Republic Kundenservice-Ankündigung - linkedin.com

Muy buenos días, al director de Pemex, los empleados no le informan. Tenemos (graves) novedades sobre el derrame en el Golfo. El fin de una era de liderazgo: Reed Hastings dejará Netflix. En esta temporada de reportes, la empresa además incumple sus propias expectativas y las papitas botaneras ayudan a PepsiCo. Ganadores de las Reuniones de Primavera en Washington, que ya concluyen: Venezuela y Argentina. Y las Islas Galápagos, el nuevo destino de moda entre los ultrarricos.Patrocinado | Conoce más de la Suite de Negocios junto a Dell e Intel aquí

El programa 2859 de Radiogeek, les habló de varios temas importantes. Motorola fabricante de teléfonos demanda a más de 300 influencers por su "imagen de marca negativa", según una filtración; Anthropic ha presentado Claude Opus 4.7; Microsoft contrarresta el MacBook Neo con un paquete gratuito de Game Pass y Office en portátiles Windows; Google AI Mode se integra profundamente con Chrome en computadoras de escritorio y dispositivos móviles; YouTube ahora permite bloquear los shorts; y por último Reed Hastings deja Netflix después de 29 años. Toda esta información la pueden encontrar desde nuestra web www.infosertec.com.ar o bien desde el canal de Telegram/Whastapp, o Instagram. Esperamos sus comentarios.

P.M. Edition for April 16. The cease-fire, which went into effect today after nearly seven weeks of fighting, creates space for diplomacy. WSJ national security reporter Robbie Gramer explains what could undermine a potential peace agreement. Plus, while Trump says the U.S. might hold discussions with Iran this weekend, the U.S. is expanding its blockade. WSJ's senior video and national security correspondent Shelby Holliday discusses how this applies more economic pressure to Iran. And Netflix announces that its chairman and co-founder Reed Hastings is leaving the board. Sabrina Siddiqui hosts.  Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

The head of the International Energy Agency Fatih Birol says the blockade in the Strait of Hormuz could trigger what he calls the largest energy crisis the world has ever faced. He's warned Europe may have as little as six weeks of jet fuel left. It comes as airlines across the world struggle with fuel supplies and cost. Airlines in Nigeria are warning they may suspend flights from Monday over soaring jet fuel prices and South Korean Airlines say they will impose the highest level of surcharges they can on flights in May as global oil prices surge due to the tensions in the Middle East.Netflix's second quarter profits fall short of expectations and it announced that its chairman and co-founder Reed Hastings is stepping down from the board after 29 years. Netflix stepped back from a battle to control Warner Bros Discovery earlier this year. Sweden, one of the most technologically advanced countries in the world, will be going back to basics with the use of physical books, pens, and paper for their students, but some tech companies are concerned that the move could damage pupils' job prospects. And we explore why Allbirds whose trainers were worn by Hollywood stars and President Obama are getting out of footwear and into artificial intelligence.

Today were going to talk through 10 powerful leadership lesson to help you transform how you lead!These lessons come from Reed Hastings.A leader who didn't just build a company—he rewrote the rules of leadership.And I'll tell you right now…Some of what you're about to hear will feel uncomfortable.Because great leadership isn't comfortable. It's honest. It's intentional. And it's bold.Let's dive in!

Air Canada CEO [Michael Rousseau] to step down in 2026 amid recent controversy over French-language skillsThe Board of Directors of Air Canada has announced that President and Chief Executive Officer Michael Rousseau will retire by the end of the third quarter of 2026, following nearly two decades with the airline.Did the official press release mention the crash?Did the official press release mention the CEO's inability to speak French?Will he remain on the board?According to the Board, when did it start the internal succession planning process?According to the Board, when did it start the external succession planning process?Did the press release stick to Canadian/Quebec language laws and use the appropriate accents in Montreal and Quebec? YES: Montréal, Québec.Some TRUE and FALSE questions from the company's latest proxy statement:TRUE of FALSE: Air Canada “regularly test the linguistic skills of its more than 15,000 public facing employees in respect of Canada's official languages”TRUE of FALSE: The proxy states it has “2 official languages.”TRUE of FALSE: In the CEO's opening letter to shareholders he states that “We are immensely proud of … promoting our official languages.”TRUE of FALSE: Language proficiency is an official skill used to describe directorsTRUE of FALSE: Air Canada is the only airline required to offer services in both official languages in CanadaTRUE of FALSE: “Air Canada uses both official languages of Canada in its corporate, customer and employee communications and is committed to promoting both official languages of Canada across the country, and have policies, programs, procedures and tools to help our employees learn and improve their language skills. Six of the seven members of our Executive Committee are bilingual.”Xerox Board of Directors Appoints Louie Pastor as Chief Executive OfficerWill he be chair or just a director?How many CEOs since 2022?How many CFOs since 2025?What is the average board tenure of a Xerox director?How many different executive positions has Louis Pastor held at Xerox since 2018?How many times has Louis Pastor resigned from Xeros since 2018?On March 25, 2026, Starbucks Corporation held its 2026 Annual Meeting of ShareholdersAverage support for directors?Number of directors with 99% support?Lowest support?Percentage against Say on Pay?The Accountability Board submitted a shareholder proposal requesting supermajority shareholder voting requirements be replaced with majority voting requirements. The board gave no recommendation? What percentage of shareholders supported this proposal?How many supported an SHP asking for an Independent Chair?Why was it so low?Finally, there were 4 anti-SG/anti-woke/anti-DEI. What was their average level of support?Democrats Examine Elon Musk's Role in Suspension of Business Disclosure LawThe Corporate Transparency Act requires companies to report information about their ownership to the government, an effort to combat problems such as money laundering and terrorism.In February, a New York Times investigation revealed that Mr. Musk was quietly operating at least 90 private companies in Texas that would have been subject to heightened disclosure; and that he has used limited liability companies that disclose little about their ownership structure to disguise his spending, including to support Mr. Trump in the 2024 election.The Treasury Department suspended the law last March one day after Mr. Musk posted on X, in response to a user frustrated about the law, that he “can look into it.”Who is the group examining Elon Musk led by?What is Chick-fil-A offering families to ditch phones at the table in push to unplugTotal bill forgiveness“Conversation Cards” sponsored by Chick-fil-AA signed photograph of CEO Andrew Cathy, the third generation of the Cathy family to lead the companyEarly access to new menu itemsIce CreamNetflix cofounder Reed Hastings says his first boss out of college would wash his dirty mugs at 4:30 a.m.—so now he returns the favor for his staff too“One morning I came in very early to the office [at] like 4:30 [a.m.], and I went into the bathroom, and there was my CEO. And he's washing coffee cups,” Hastings explained. “And I was like, ‘Barry, are you washing my coffee cups?' And he said, ‘Yes.' And I said, ‘Have you been doing that all year?'” “He said ‘Yes.' And I'm like, ‘Why?'” “And he said, ‘Well, you do so much for us and this is the one thing I can do for you.'”How does Reed return the favor to his staff?Investors Suing to Vote on ESG Proposals Meet Corporate PushbackChubb Ltd. and BJ's Wholesale Club Holdings Inc. are pushing back against shareholder lawsuits seeking to place ESG proposals on annual meeting ballots.Chubb: 23% F (3/13) with 13% total influenceThere are only 3 women on Chubb's board, how many Michaels do they have?CEO (2004-) and Chair (2007-) Evan Greenberg has been at the helm for 22 years. How many years has he served with Lead Independent Director Michael Connors (2011-)?BJ's Wholesale Club30% F with 14% influenceTwo of 10 key executives at BJ's are women. How many of BJ's 6 key board leadership positions are led by women (3 committee chairs, CEO, Chair, Lead Director)?A CEO trying to reindustrialize America says blue-collar pay is headed for ‘massive hyperinflation' and kids should skip college to become weldersThis is from Hadrian Automation, a high-tech manufacturing company that builds "software-defined factories" for the aerospace and defense industries using AI-powered software, unlike a traditional machine shop which relies on the "tribal knowledge" of veteran machinistsWhat is the name of Hadrian's CEO?Duke ThunderRex ChargerChris PowerBlaze CannonJack HammerDid he graduate from college?

Shawn O'Malley and Daniel Mahncke break down Netflix (ticker: NFLX) and discuss whether the company has finally won the streaming wars. While growth looked challenged back in 2022, Netflix has proven resilient in the face of competition and economic slowdowns by leaning into advertising and password crackdowns, with much room left to run internationally. IN THIS EPISODE, YOU'LL LEARN: 00:00:00 - Intro 00:13:36 - How Netflix pivoted from mailing DVDs to streaming 00:14:48 - How Netflix killed Blockbuster 00:24:20 - Why the business works so well with two co-CEOs 00:46:25 - How being a first-mover got Netflix through the cash burn phase before any competition arose 00:48:29 - What Netflix is doing to sustain growth into the future 00:54:00 - What makes the company's culture so legendary 01:04:18 - Why Netflix's app just “works” better than the competition 01:18:03 - How to think about modeling NFLX's intrinsic value 01:22:28 - Whether Shawn and Daniel add NFLX to their Intrinsic Value Portfolio *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES The Investors Podcast Network is excited to debut a new community known as The Intrinsic Value Community for investors to learn, share ideas, network, and join calls with experts: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Sign up for the waitlist(!)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Sign up for ⁠⁠⁠⁠⁠⁠⁠⁠⁠The Intrinsic Value Newsletter.⁠⁠⁠⁠⁠⁠⁠⁠⁠ Learn how to ⁠⁠⁠⁠⁠⁠⁠join us⁠⁠⁠⁠⁠⁠⁠ in Omaha for the 2026 Berkshire Hathaway shareholder meeting. Track The Intrinsic Value Portfolio. Shawn & Daniel use Fiscal.ai for every company they research — use their referral link to get started with a 15% discount! Value Investors Club pitch on NFLX. The Acquired podcast's episode on Netflix. Business Breakdowns' podcast on Netflix. Check out No Rules Rules by Reed Hastings & Erin Meyer. Netflix CEO Ted Sarandos on the future of entertainment. Check out our previous Intrinsic Value breakdowns: Transdigm, Salesforce, Berkshire Hathaway, FICO, PayPal, Uber, Nike, Amazon, Airbnb, Alphabet. Related ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠books⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ mentioned in the podcast. Ad-free episodes on our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Premium Feed⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. NEW TO THE SHOW? Follow our official social media accounts: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠X (Twitter)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Browse through all our episodes (complete with transcripts) ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Try Shawn's favorite tool for picking stock winners and managing our portfolios: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TIP Finance⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Enjoy exclusive perks from our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠favorite Apps and Services⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Learn how to better start, manage, and grow your business with the ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠best business podcasts⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ References to any third-party products, services, or advertisers do not constitute endorsements, and The Investors Podcast Network is not responsible for any claims made by them. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Netflix shouldn't have survived.In 1997, Blockbuster owned home entertainment—9,000 stores, a business fueled by late fees, and a brand that felt untouchable. Netflix was a scrappy DVD-by-mail experiment that almost sold itself off to stay alive.So how did Netflix win?In this conversation, Reed Hastings breaks down the behind-the-scenes decisions that helped the business thrive: the uncomfortable leadership choices, the culture blueprint that surprised corporate America, and a near-catastrophic misstep that could have blown the whole thing up.Reed also talks about what shaped him long before Netflix: being a late-bloomer, teaching in the Peace Corps, learning humility from a former boss, and the painful management mistakes he made while building his first company.This is a masterclass in: challenging the status quo, choosing a culture on purpose, and making big bets without pretending you're always right.What you'll learn: Why Netflix's early “obvious” advantages weren't enough—and how close it came to dyingThe leadership lesson Reed learned from a CEO who was admirable… but strategically wrongWhy Reed says the best companies are like championship sports teams: if you can't perform at peak, leaveThe “keeper test” and how it changed corporate cultureThe Qwikster fiasco: what went wrong, and how Netflix moved to prevent future misstepsBuilding a House of Cards: How Netflix made the leap to original contentReed on the media landscape: The remote-control moment of truth, rival streamers, and the rise of AITimestamps:00:08:06 — “I was a late bloomer.” Reed on why no one saw greatness coming00:09:30 — Peace Corps in Swaziland, and the moment he nearly quit00:11:23 — An unforgettable lesson learned from the CEO who washed Reed's coffee cups00:14:39 — Building his first company in a cold cabin—no internet, just obsession and proof of concept00:16:48 — Reed's early struggles as a manager: “Too busy chopping wood to sharpen the axe.”00:24:11 — Blockbuster's late-fee pain and an early bet on DVDs00:44:47 — The dot-com crash… and the $50M LVMH round that saved Netflix (barely)00:47:12 — A possible Blockbuster buyout: “We probably would've taken any offer.”00:56:18 — The Netflix culture deck: “We're not a family,” and why that shook people up01:05:07 — The Qwikster crisis, and the backlash that humbled Reed01:19:33 — The competition: Netflix is just

My guest today is Reed Hastings, the co-founder and former longtime CEO of Netflix. Netflix is an example of two ideas that everyone talks about, but are extremely hard to do in practice. The first is finding a simple idea and taking it extraordinarily seriously. Reed talks about how even the DVD business was nothing more than a stepping stone toward streaming, which they envisioned from the company's inception in 1997. The second is talent density, and what it actually takes to set and sustain an exceptionally high bar over decades as a company grows.  We talk about how those ideas shaped Netflix's culture and strategy, what Reed learned from mistakes like Qwikster, and why Netflix treated content like a venture portfolio. We also discuss Reed's work today. He shares how he's thinking about AI, what he's learned from serving on the boards of Microsoft, Meta, Anthropic, and Bloomberg, and what excites him about Powder Mountain, the ski resort he acquired after Netflix. Please enjoy my conversation with Reed Hastings. For the full show notes, transcript, and links to mentioned content, check out the episode page ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠.⁠⁠⁠⁠⁠⁠⁠⁠ ----- This episode is brought to you by⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠Ramp⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Ramp's mission is to help companies manage their spend in a way that reduces expenses and frees up time for teams to work on more valuable projects. Go to⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠ramp.com/invest⁠ to sign up for free and get a $250 welcome bonus. ----- This episode is brought to you by⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Vanta. Trusted by thousands of businesses, Vanta continuously monitors your security posture and streamlines audits so you can win enterprise deals and build customer trust without the traditional overhead. Visit vanta.com/invest.  ----- This episode is brought to you by Rogo. Rogo is an AI-powered platform that automates accounts payable workflows, enabling finance teams to process invoices faster and with greater accuracy. Learn more at Rogo.ai/invest. ----- This episode is brought to you by ⁠WorkOS⁠. WorkOS is a developer platform that enables SaaS companies to quickly add enterprise features to their applications. Visit ⁠WorkOS.com⁠ to transform your application into an enterprise-ready solution in minutes, not months. ----- This episode is brought to you by⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Ridgeline⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Ridgeline has built a complete, real-time, modern operating system for investment managers. It handles trading, portfolio management, compliance, customer reporting, and much more through an all-in-one real-time cloud platform. Visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ridgelineapps.com. ----- Editing and post-production work for this episode was provided by The Podcast Consultant (⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://thepodcastconsultant.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠). Timestamps (00:00:00) Sponsors (00:03:33) Welcome to Invest Like The Best (00:04:29) Intro (00:05:43) Sponsors (00:07:16) The Concept of Talent Density (00:11:19) Evaluating Talent (00:13:47) Managing on the Edge of Chaos (00:14:51) Why Netflix Gave Large Severance Packages (00:16:37) The Keeper's Test (00:17:07) The Qwikster Mistake (00:19:15) The Informed Captain (00:20:39) How to Come Up with Good Ideas (00:22:32) Transitioning to Streaming (00:23:05) Being on the Board of Facebook, Microsoft, Anthropic & Bloomberg (00:26:25) The Role of a Board Member (00:29:37) Sponsors (00:30:15) Why Netflix Had Open Compensation (00:32:04) Netflix's Content Strategy (00:37:52) Competing with YouTube and Traditional TV (00:39:23) Creating Hit Content (00:40:02) Impact of AI on Netflix (00:41:24) Innovations in Show Formats (00:43:23) Sponsors (00:43:44) Netflix's Technology Backbone (00:45:29) Expanding into Gaming (00:46:06) Lessons from Failed Projects (00:47:30) Financial Strategy and Capital Allocation (00:50:27) Stepping Down as CEO (00:50:52) Powder Mountain (00:56:08) Focus on Education and AI (00:59:00) Risks and Benefits of AI (01:00:56) The Kindest Thing (01:02:56) Sponsors