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Daniel and Shawn step back for a mid-year review of the Intrinsic Value Portfolio, revisiting each holding to test the strength of their original theses and weigh what's changed. From ride-hailing to beauty retail, this episode covers the full lineup: why Uber's cross-sell flywheel and Waymo partnership reinforce its moat; how Alphabet's latest earnings measure up against the growing threat of AI-native search; and why Reddit may succeed where Snapchat struggled, turning engagement into monetisation. You'll hear updates on Q1 earnings, commentary on management execution, and discussions on whether current valuations still offer upside or warrant trimming. They re-evaluate Airbnb's evolving strategy as it expands into services and experiences, break down Ulta Beauty's standout results, and revisit early convictions in new names like Nubank. They also debate the long-term outlook for consumer brands like Nike. Along the way, they reflect on where they've been right, where they've been early, and how to think about sizing, patience, and risk-reward in a concentrated portfolio. Prefer to watch? Click here to watch this episode on YouTube. IN THIS EPISODE, YOU'LL LEARN 00:00 - Intro 03:14 - Why the Ulta Beauty position was being trimmed 17:47 - How Alphabet is holding up against AI competition 28:10 - Why Uber could benefit from autonomous vehicles 58:57 - How Airbnb overcomes regulatory hurdles and expands into experiences 1:06:17 - How Adobe used the AI revolution to strengthen its ecosystem 1:10:10 - Why Reddit might become more of a second Meta than a second Snapchat 1:20:46 - How Nike could overcome the recent headwinds 1:27:39 - Why initiating a position in Nubank is worth the risks *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter. Sign Up for The Intrinsic Value Community. Ulta Beauty: Check out the Podcast and Newsletter. Alphabet: Check the Podcast & Newsletter. Airbnb: Check the Podcast & Newsletter. Adobe: Check the Podcast & Newsletter. Reddit: Check the Podcast & Newsletter. Uber: Check the Podcast & Newsletter. Nike: Check the Podcast & Newsletter. Explore our previous Intrinsic Value breakdowns: Nintendo, Airbnb, AutoZone, Alphabet, Ulta, John Deere, and Madison Square Garden Sports. Check out the books mentioned in the podcast here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. 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. SPONSORS Support our free podcast by supporting our sponsors: • Airbnb Connect with Shawn: Twitter | LinkedIn | Email Connect with Daniel: Twitter | LinkedIn | Email HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Jeff Bezos and Lauren Sanchez wed in Venice WHIP: Average sot of a wedding in the U.S.? $33K // Santa Ynez Reservoir in Pacific Palisades repaired and partially refilled. Job market, young people are struggling to find good jobs // – The Foosh and Uber working for the 4th of July weekend. Two of L.A. restaurants being honored were awarded 3 Michelin stars. New documentary “Poop Cruise” // Katy Perry and Orlando Bloom broke up #JeffBezos #weddings #SantaYnez #uber #4thofJuly #Thingstodo #Contentcreator #restaurants #MichelinStar #NetflixDocs #PoopCruise #KatyPerry #OrlandoBloom #PeopleMagazine #TMZ
Full show - FrYiday | Uber | News or Nope - The end-of-week Nope-off | Feel Good Friday | Party foul | Slacker wants to bring back "The Diary" | Erica's ColoraDO List - The Rockies game and what's planned for this weekend | Occasional Diddy Dirt | Mind the gap, Slacker! | Stupid stories www.instagram.com/theslackershow www.instagram.com/ericasheaaa www.instagram.com/thackiswack www.instagram.com/radioerin
Gugs Mhlungu chats to Resident Motoring Enthusiast, Warren Tucker about the rise of safety concerns with regards to e-hailing services and looks at more advanced safety measures that can be implemented to avoid this and how the e-hailing companies can be held accountable. 702 Weekend Breakfast with Gugs Mhlungu is broadcast on 702, a Johannesburg based talk radio station, on Saturdays and Sundays Gugs Mhlungu gets you ready for the weekend each Saturday and Sunday morning on 702. She is your weekend wake-up companion, with all you need to know for your weekend. The topics Gugs covers range from lifestyle, family, health, and fitness to books, motoring, cooking, culture, and what is happening on the weekend in 702land. Thank you for listening to a podcast from 702 Weekend Breakfast with Gugs Mhlungu. Listen live on Primedia+ on Saturdays and Sundays from 06:00 and 10:00 (SA Time) to Weekend Breakfast with Gugs Mhlungu broadcast on 702 https://buff.ly/gk3y0Kj For more from the show go to https://buff.ly/u3Sf7Zy or find all the catch-up podcasts here https://buff.ly/BIXS7AL Subscribe to the 702 daily and weekly newsletters https://buff.ly/v5mfetc Follow us on social media: 702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/Radio702 702 on YouTube: https://www.youtube.com/@radio702See omnystudio.com/listener for privacy information.
This week, we saddle up for another bumpy ride through the dystopian tech clown show. We kick off with the surveillance state's greatest hits: ICE raids sweeping L.A., a website literally called FuckLAPD.com that lets you ID cops by their mug shots, and a Norwegian tourist who learned the hard way that having a JD Vance chipmunk meme on your phone is now grounds for deportation. Pro tip: if you're traveling to the U.S., you might want to wrap your phone in lead and bury it in a cornfield.In the news, Big Balls has apparently rolled his way from Elon's Department of Government Efficiency to the Social Security Administration—because nothing says “government modernization” like a 19-year-old tech bro with a meme nickname. Meanwhile, Tesla robotaxis are hitting the roads (and maybe a few pedestrians) with human babysitters in tow, Waymo and Uber are turning Atlanta into Blade Runner Lite, and Texas wants a permit for your self-driving car. Over in AI hell, judges can't agree if training your chatbot on stolen books is fair use or just digital asbestos. YouTube, never one to miss a race to the bottom, is rolling out an AI Slop button so you can crank up the crap to 11.In Media Candy, Russell Crowe is beefing up his IMDb with Highlander, Henry Cavill is along for the ride, and Anthony Bourdain Day is apparently a thing (even though he'd have rolled his eyes at it). We also dig into everything from Minecraft movies to the sad demise of Blue Microphones at the hands of Logitech. Plus, Dave Bittner drops by to commiserate about malware, retro gaming handhelds, and why some Star Wars maps are basically porn for nerds. And yes—Windows is finally killing the Blue Screen of Death, proving even Microsoft can eventually learn to read the room.DeleteMe - Head over to JoinDeleteMe.com/GOG and use the code "GOG" for 20% off.Private Internet Access - Go to GOG.Show/vpn and sign up today. For a limited time only, you can get OUR favorite VPN for as little as $2.03 a month.SetApp - With a single monthly subscription you get 240+ apps for your Mac. Go to SetApp and get started today!!!1Password - Get a great deal on the only password manager recommended by Grumpy Old Geeks! gog.show/1passwordShow notes at https://gog.show/703FOLLOW UPThe mad scramble to track ICE raids across L.A. County‘FuckLAPD.com' Lets Anyone Use Facial Recognition to Instantly Identify CopsEuropean tourist denied entry to US over JD Vance meme on his phone'My Bad:' Babyface Vance Meme Creator On Norwegian Tourist's DetainmentTravelling to the U.S.? Here's a guide to locking down phones and other devicesIN THE NEWSThe Tyranny of ‘Big Balls' Has Come to an End‘Big Balls' Is Now at the Social Security Administration‘Techno King' Elon Musk Doesn't Own a Computer, His Lawyers Tell CourtTesla's inaugural Robotaxi rides will have a human 'safety monitor' on boardTesla's first robotaxi rides are already running into a few bumpsWaymo and Uber launch robotaxi service in AtlantaTexas will require permits for self-driving cars starting in SeptemberWhat We Know So Far About the Supposed ‘Mother of All Data Breaches'Digital AsbestosThe Oversight Board calls Meta's uneven AI moderation 'incoherent and unjustifiable'Judge rules Anthropic's AI training on copyrighted materials is fair useMeta Wins Blockbuster AI Copyright Case—but There's a CatchJudge: Pirate libraries may have profited from Meta torrenting 80TB of booksTwo Courts Rule On Generative AI and Fair Use — One Gets It RightYouTube Will Add an AI Slop Button Thanks to Google's Veo 3AI Slop: Last Week Tonight with John Oliver (HBO)For the first time, social media overtakes TV as Americans' top news sourceFirst images from the largest camera ever built reveal millions of galaxiesMEDIA CANDYRussell Crowe Lends His Russell Crowe-ness to ‘Highlander'Russell Crowe Arming Up Opposite Henry Cavill In Chad Stahelski's ‘Highlander' At Amazon MGM Studios & UAThe AmateurThe Accountant 2The Godfather of HarlemIn Vogue: The 90sA Minecraft MovieAnthony Bourdain didn't say that (but we wish he did)How to celebrate Bourdain Day, a thing Tony probably would have hatedQuote InvestigatorDoug Liman Will Attempt to Cram Stephen King's Epic Novel ‘The Stand' Into a Single MovieThe Dead ZoneThe Dead Zone on Amazon Prime Video‘The boys got sex. I got poetry': what Britpop was like for womenThe Story Behind the Song: The Bangle's Susanne Hoffs - Eternal FlameLess Than OneAPPS & DOODADSBrave keeps opening google appWindows is finally kicking the Blue Screen of Death to the curbPhilips Hue says US prices will go up in July because of tariffsiPhone Users Upset About Apple Promoting F1 Movie With Wallet App NotificationHDMI 2.2's full specs have been finalized, with better support for modern displaysTHE DARK SIDE WITH DAVEDave BittnerThe CyberWireHacking HumansCaveatControl LoopOnly Malware in the BuildingAndorI Can't Stop Staring at This Massive ‘Star Wars' Galaxy MapLucas Museum of Narrative ArtsRG35XX H, Anbernic Retro Handheld Gaming Console with 64GTF Card, Dual Joystick Design 3.5-inch HD Screen Lasts up to 8 Hours High-Capacity Battery for Better Experience (64G Black)DRAGON GRIP- The Martial Arts Sound Effects ToyReminds me of Weird Al poking fun of this in the “Fat” videoHow Logitech Killed A Great Microphone Company - The History of Blue MicrophonesHomemade Disneyland Star Tours Attraction (Full Ride Experience)See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Amazon's latest data center will require the same amount of electricity as one million homes. (00:21) Jason Moser and Matt Argersinger join Ricky Mulvey to discuss: - The data center spending boom. - Hims & Hers messy breakup with Novo Nordisk. - Overrated and underrated business stories from the year so far. (19:11) Progyny CEO, Peter Anevski, joins Tim Beyers and Holly Anderson to discuss the growth path ahead for the health benefits company. (31:28) Jason and Matt discuss Disney's box office struggle with “Elio” and offer up two radar stocks: Uber and Otis Worldwide. Companies discussed: AMZN, HIMS, NVO, TSLA, PGNY, DIS, UBER, OTIS Host: Ricky Mulvey Guests: Jason Moser, Matt Argersinger, Tim Beyers, Holly Anderson, Peter Anevski Engineer: Dan Boyd Advertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, "TMF") do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF is not involved in the offer, sale, or solicitation of any securities advertised herein and makes no representations regarding the suitability, or risks associated with any investment opportunity presented. Investors should conduct their own due diligence and consult with legal, tax, and financial advisors before making any investment decisions. TMF assumes no responsibility for any losses or damages arising from this advertisement. Learn more about your ad choices. Visit megaphone.fm/adchoices
Today's show:EVs are igniting a global tariff war, and Xiaomi's shockingly cheap, high-quality electric cars threaten to obliterate Western automakers, sparking fears of a manufacturing wipeout. In today's brand-new TWiST, Jason and Alex dive into the EV price war, Uber's rumored plan to team up with Travis Kalanick on a self-driving takeover, and DoorDash's mega-drones giving us a glimpse of the future of food delivery. Plus, Tesla's cautious safety driver rollout shows we're only in the early innings of the autonomous revolution, a consideration of Meta's talent shopping spree, AND a new edition of Reddit Rapid Response. Don't miss this deep dive into the future of cars, delivery, and AI.Timestamps:(02:24) Guess who's BACK at Uber? On the Travis Kalahnik-Pony AI deal.(10:43) Superpower - Visit superpower.com/twist to get $50 off your membership. This offer is only for the first 100 twist listeners who sign up.(17:24) All the huge opportunities for Kalshi, PolyMarket and prediction markets(19:44) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist(25:37) TODAY'S POLYMARKET: How well will Apple's “F1” do at the box office?(30:03) Pilot - Visit https://www.pilot.com/twist and get $1,200 off your first year.(31:58)What actually IS AGI? And why does it matter for the Microsoft-OpenAI negotiation?(45:57) Inside Meta's massive Superintelligence shopping spree: maybe it's not so crazy to pay AI experts $100M?(01:05:15) Reddit Rapid Response: Can you be a great founder if you hate doing cold sales?Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.comCheck out the TWIST500: https://www.twist500.comSubscribe to This Week in Startups on Apple: https://rb.gy/v19fcpFollow Lon:X: https://x.com/lonsFollow Alex:X: https://x.com/alexLinkedIn: https://www.linkedin.com/in/alexwilhelmFollow Jason:X: https://twitter.com/JasonLinkedIn: https://www.linkedin.com/in/jasoncalacanisThank you to our partners:(10:43) Superpower - Visit superpower.com/twist to get $50 off your membership. This offer is only for the first 100 twist listeners who sign up.(19:44) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist(30:03) Pilot - Visit https://www.pilot.com/twist and get $1,200 off your first year.Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarlandCheck out Jason's suite of newsletters: https://substack.com/@calacanisFollow TWiST:Twitter: https://twitter.com/TWiStartupsYouTube: https://www.youtube.com/thisweekinInstagram: https://www.instagram.com/thisweekinstartupsTikTok: https://www.tiktok.com/@thisweekinstartupsSubstack: https://twistartups.substack.comSubscribe to the Founder University Podcast: https://www.youtube.com/@founderuniversity1916
The 5 things you need to know before the stock market opens today: key inflation data is out today, Elon Musk has fired Tesla's vice president of manufacturing and operations, a changing of the guard at Vogue, Uber may reunite with founder Travis Kalanick, and a small intimate wedding in Venice for the world's fourth-richest person. Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format.
Erica was just in one of the strangest Uber rides ever! What's your crazy Uber (or Lyft or a cab) story?
Kristin Smith, President at Solana Policy Institute, joined me to discuss the current state of Crypto & Stablecoin legislation in the US.Topics:- Solana Policy Institute Overview - Stablecoin bill passing in the Senate- Crypto market structure bill may not pass in 2025 - SEC's new approach to Crypto- Howey Test and Crypto- The continued crypto advocacy in DCShow Sponsor -
Brought to you by TogetherLetters & Edgewise!In this episode: Tesla officially launches robotaxis in Austin to a small group of users, charging a $4.20 flat fee per rideTesla's robotaxi is live: here are some of the first reactionsTesla Robotaxi Safety Monitor Forced to Clamber Into Driver's Seat and Take Over, Passenger SaysTesla shares soar after first robotaxi test rides hit the road in Austin, TexasTesla Stock Slips. This Is What Eclipsed the Robo-Taxi Hype.Waymo's robotaxis are now available on the Uber app in AtlantaChatGPT Record just launched for Pro users — here's why free users could get it nextFederal judge rules copyrighted books are fair use for AI trainingAnthropic now lets you make apps right from its Claude AI chatbotRakuten accelerates development with Claude CodeGoogle Drops a Terminal Bomb: Gemini CLI Hits 17K GitHub Stars OvernightThese 'autofocus' glasses could soon make bifocals obsolete – by tracking your eyes in real timeExclusive: Uber-backed electric bike startup Lime hires banks for US IPO, sources sayForget Starlink – this Chinese satellite internet tech is capable of 1Gbps speeds that are five times fasterGoogle launches Doppl, a new app that lets you visualize how an outfit might look on you
It's the Friday News Roundup. This week, we're talking about the city agreeing to pay $3 million to the family of Thomas “TJ” Siderio, the 12-year-old boy fatally shot in the back by a Philly cop, why artists canceled their performances at World Cafe Live and several Center City bars pull out of SIPS. Plus, after two years, there still isn't a Greyhound bus station. Host Trenae Nuri, producer Abby Fritz and Hey Philly newsletter editor Siani Colon dish about these topics, the happiest places in the city and ways to stay cool during a heatwave. Our Friday news roundups are powered by great local journalism: City agrees to pay $3 million to family of 12-year-old boy shot and killed by cop Philly psychology students map out local landmarks and hidden destinations where they feel happiest ‘Philly's a sporting town, isn't it?' Club World Cup has introduced fans from around the world to our city 1 arrested, 7 ejected at Wydad AC-Juventus FIFA Club World Cup match after fans spotted setting off smoke bombs Phillies fans say it's suddenly ‘impossible' to get an Uber from Citizens Bank Park How rowdy crowds on one stretch of Sansom Street caused 3 bars to pull out of Center City Sips Get Philly news & events in your inbox with our newsletter: Hey Philly We're also on Instagram: @citycastphilly Learn more about the sponsors of this episode: Fitler Club Eastern State Penitentiary Jeff D'Ambrosio Auto Group Philadelphia Canoe Club Advertise on the podcast or in the newsletter: citycast.fm/advertise Learn more about your ad choices. Visit megaphone.fm/adchoices
A fight over the AC in an Uber between the driver & a passenger really heats up when both whip out the Mace! The Bloody Brawl has turned into a "She Said, She Said" of self-defense. A deputy is savagely beaten into the ICU by a suspect he was trying to take down; the assault happened on a live TV show. Plus, a ticket to love...gets a cop's career cuffed! Jennifer Gould reports. See omnystudio.com/listener for privacy information.
Uber (UBER) shares notched a new all-time high this week, but Friday's downgrade from Canaccord takes the ride-hailing company to a hold rating down from a buy. The analyst cut its price target to $84 from $90 as it say the company's outcome "is truly unclear" as autonomous vehicles continue entering the market. Rick Ducat examines the chart, Tom White compiles an example options trade with a bearish tilt.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe 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 – / schwabnetwork Follow us on Facebook – / schwabnetwork Follow us on LinkedIn - / schwab-network About Schwab Network - https://schwabnetwork.com/about
Equity futures are on the move as U.S. and China trade representatives confirm details of a trade deal. Nike (NKE) reveals a $1B tariff cost hit in its latest quarterly earnings report. And, Uber (UBER) gets a downgrade after shares reach a new all-time high.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe 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 – / schwabnetwork Follow us on Facebook – / schwabnetwork Follow us on LinkedIn - / schwab-network About Schwab Network - https://schwabnetwork.com/about
- Car Dealers to Congress: Keep the EV Incentives! - U.S. Used Car Prices Up 40% - Xiaomi YU7 Gets Stunning Sales Orders - Xiaomi YU7 vs. Tesla Model Y - Xiaomi's Founder Now Richest Man in China - Chinese OEMs Put Tesla Model Y in Their Crosshairs - Uber In Talks to Buy Pony.AI U.S. Ops - BYD To Buy Austrian Steel - Car Ship Sinking Cost Over $560 Million - Autoline Poll: U.S. EV Incentives
Hunter succumbs to the fungal infestation. His eyes are hollowed out, his body no longer his own. Meanwhile, Jess (now a giant naga-zombie-serpent-thing) has her hungry gaze set on Ziggy. Will she devour him the same way Tuck is devouring the burgers in the Uber? And uh - there's a tucan in a suit of armor now. Monday seizes his moment, sword raised to strike down Clancey. Somehow, it feels like time itself comes to a halt. His blade shatters into dust. The one thing that's kept him alive... is gone.PLAY THE DUST WORLD RPG NOW:We've released the epic RPG Dust world and we want your help. Dust World PBTA is RPG Empire's sci-fi western game that's simple, fast, and Powered By The Apocalypse. Are you ready? Enter The Gun-Filled Lands Of An Obliterated Civilization. Play as gunslinging anime-inspired heroes on their mission to discover the truth behind the lost civilization and its technology. GET THE GUIDE NOW:https://www.therpgempire.com/shop/p/b2ck9ai8u8d7i6j5xs48oojt742uq2Dust world RPG Podcast is an actual play Role-playing podcast like the Adventure Zone Podcast or Critical Role. The setting is a sci-fi western a few hundred years after a great war burned the earth and a virus called white horse dissolved most organic matter into dust creating the wastelands.Dust World RPG is a Powered By The Apocalypse game. Dust World is a Tabletop Role-Playing game created by Paul Parnell Copywrite 2020. The setting was created by Paul Parnell and Michael Yatskar. The game was written by Paul-Thomas Parnell and Dumaresq de Pencier.OTHER PROJECTS FROM THE RPG EMPIRE:Strangers in the Pines: A Monster Of The Week actually play roleplaying podcast inspired by things like Gravity Falls, Stranger Things, and Fringe. It takes place in a small strange town called Pine Forge nestled in the Blackwood national park in Northeast Oregon, USA, and follows, the exploits of 3 unusual high school students as they try to unravel the mysteries of the Strangers in the Pines.https://www.therpgempire.com/strangers-in-the-pinesCONNECT WITH US:Join our Discord Server to chat with us and talk all things RPGs: https://discord.gg/2jnyGv9Follow and send us DMs on Instagram: @theRPGempireJoin the Empire!
Plus - NYC bans Uber and Lyft from randomly barring drivers from working. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Tesla ha ufficialmente lanciato il servizio di Robotaxi a Austin andando a competere direttamente con Waymo. E Uber ora è pronta a tornare in scena con Travis Kalanick. Nel frattempo, due sentenze uscite questa settimana sulla legalità di usare libri coperti da copyright per addestrare modelli di intelligenza artificiale stanno facendo discutere tutto il mondo tech. Nella Big Story una conversazione tra Riccardo Haupt e Floriano Masoero, CEO di Siemens Italia, avvenuta live durante la seconda edizione dei Siemens Talk a Milano, dedicata a esplorare i grandi temi globali con un focus sul ruolo dell'intelligenza artificiale industriale Dal 26 al 28 settembre a Torino Chora&Will Days, il primo festival di Chora e Will: scopri il programma e come partecipare su days.chorawill.com Learn more about your ad choices. Visit megaphone.fm/adchoices
We're joined by James Currier who explains how ‘network effects' shape our economies, tech, civilisation and how to master that to our advantage. James is a five-time Founder, an angel investor in DoorDash, Lyft, and Patreon, and a Founding Partner at NFX. Before becoming an investor, James was the co-founder and CEO of Tickle, one of the internet's first successful user-generated companies. From Metcalfe's Law to the rise of AI-powered startups, we explore how the invisible laws of networks explain why some companies scale exponentially while others fade out and why understanding these forces is key to building anything lasting in the 21st century. James has backed some of Silicon Valley's most iconic startups and coined frameworks that are now industry standards. From early internet marketplaces to AI agents and Web3 protocols, his insights map out how startups win by designing for virality, defensibility, and system-level scale. We dive into: • The 17 types of network effects; from marketplaces to expertise networks, and how to build them into your product. • The collapse of traditional moats in the digital age and what defensibility means in the era of AI. • Why companies like OpenAI and Salesforce are embedding themselves into users' lives to build lasting leverage. • The rise of “3-person unicorns” and how AI is accelerating startup formation and shrinking team sizes. • How founders can think about viral growth in a world where old playbooks (like Craigslist hacks) no longer work. • Lessons from failure: why even with network effects, execution is everything. • What AI bubbles mean for value creation and why James loves them. • How to survive and thrive in a noisy world: hitting it hard, identifying “technology windows,” and creating high-leverage product experiences. Key Takeaways from the Episode: 1. Network Effects Are the New Physics of Business: James breaks down why 70%+ of value in tech comes from companies that embed network effects and why founders need to build products that get stronger with every new user. 2. 17 Distinct Types of Network Effects: From classic telephone lines to software platforms and even Toyota's repair ecosystem, we explore the taxonomy of modern network effects, including marketplace, platform, expertise, and embedding effects. 3. Defensibility in the AI Era: With generative AI becoming a commodity, the real moat is not the model but embedding, data ownership, and network density. OpenAI's memory feature, for example, is a classic embedding play. 4. How Salesforce, Uber, and Facebook Reinforce Their Moats: Learn how these giants layered multiple defensibilities scale, brand, embedding, and networks to dominate their markets. 5. The “Technology Window” Model: Massive companies are born not from marketing innovation but from catching the right tech wave just as we saw with the internet, social media, and now AI. 6. What Most Founders Get Wrong About Virality: It's not about shouting louder, but about building value that spreads organically through “shrew-like” constant motion experimenting, iterating, and finding attention before the channel closes. 7. The Rise of AI-Native Companies: The best startups of the 2020s will be “AI-first,” doing with 3 people what used to take 300 reshaping business models, hiring, and even venture capital itself. 8. Why Founders Must Love the Craft, Not Just the Exit: Great companies are built by people obsessed with the product and the mission not just chasing valuation multiples. Follow our host on Linkedln to know more or subscribe to our emailing list to get new episodes directly into your inbox. Timestamps: (00:00) – Introduction to James Currier and the importance of network effects (02:15) – Metcalfe's Law, Reed's Law, and why networks explain society (04:05) – How 70%+ of tech value comes from network effects (07:50) – The 17 types of network effects (and why expertise matters) (12:20) – How Salesforce embedded defensibility through platform strategy (16:55) – Investing in businesses that build network effects (18:45) – Network effects vs. AI commoditization: what really matters (23:05) – Why defensibility is about product strategy, not hype (27:30) – The coming wave of “3-person unicorns” (31:00) – Will UBI be necessary? James predicts capitalism will adapt (34:00) – How product quality = speed to value (not just shipping fast) (36:30) – The evolution of viral growth tactics in a noisy world (40:45) – The “technology window” thesis: where real leverage comes from (44:20) – Thoughts on crypto, Web3, and reinventing finance (46:10) – What motivates great founders (hint: it's not money) (49:00) – James' advice to young people on STEM, self-awareness, and emotional intelligence
Dave and Chuck the Freak talk about Dave thinking today was Friday, listener wondering what happened to the guy who recognized Jason at swim lessons, cuck chair picture, emailer pees every day at the same time as another guy, Red Lobster out of bankruptcy, guys are watching a lady sleep with her CPAP machine, day drunk shirtless man fires gun all over town, American Airlines plane catches fire, teacher busted having relationship with student, thieves targeting salon customers, woman admits to police to having scammed an old couple out of money, woman’s pet pigeon named Screech, NBA draft, fan heckled player over dead mother, Uber driver and Uber driver encounter, soccer fan set car on fire to collect insurance money, multiple charges against Diddy dropped, Katy Perry and Orlando Bloom split, Scarlett Johansson answers which of her co-stars would survive a dinosaur attack, singer’s teeth fell out on stage, old woman in fight with rabid fox, drunk old man with shotgun tried to hijack fire truck, guy busted with pants down tweaking his nipples, authorities searching for peeper, woman in sports bra told she was improperly dressed at Disney World, naked man covered in mud tries to break into van, cop may lose job over farting in co-worker’s face, woman lost internet because of shotgun blasts, Americans want a break from sex, Dave got sanitizer in his eye, chubby Chinese boy runs back to table for food during earthquake, lifeguard fell off platform, teen kidnapped a swan, snake found at McDonald’s drive -thru, raw onion eating trend, America’s most trusted brands, and more!
In this hard-hitting segment, Tara and Lee dissect the media's chaotic narrative around Iran's nuclear program—first claiming it didn't exist, then acknowledging it did after Trump bombed it. They expose the mainstream media's selective outrage and reliance on enemy sources like Hamas while ignoring admissions from Iran's own foreign minister. The episode shifts to Ted Cruz's viral grilling of Biden energy advisor David Arkush, who once called for prosecuting oil executives for murder—despite admitting he arrived at the Capitol using gas-powered Uber. Tara and Lee then debunk the fantasy of “clean energy,” citing Toyota's chairman and the massive carbon footprint behind EVs, wind, and solar tech. A scathing takedown of media lies, progressive hypocrisy, and the myth of zero-emission living.
In this episode, we break down Empire Company’s recent rebound and how its discount store strategy and capex transformation are paying off after years of underperformance. We also answer a listener question about RESPs and walk through Simon’s actual RESP portfolio for his daughter—including why there’s a large Bitcoin allocation and how he’s thinking about long-term growth.Dan tackles a listener question on Uber and whether autonomous vehicles pose a threat or opportunity for the company. We wrap up with a segment on teaching teenagers about money, from the power (and danger) of compounding to understanding purchasing power, needs vs. wants, and financial consistency. Tickers of stocks discussed: EMP.A, UBER Get your TSX Meetup tickets here! Get your Calgary Meetup Tickets here! Check out our portfolio by going to Jointci.com Our Website Our New Youtube Channel! Canadian Investor Podcast Network Twitter: @cdn_investing Simon’s twitter: @Fiat_Iceberg Braden’s twitter: @BradoCapital Dan’s Twitter: @stocktrades_ca Want to learn more about Real Estate Investing? Check out the Canadian Real Estate Investor Podcast! Apple Podcast - The Canadian Real Estate Investor Spotify - The Canadian Real Estate Investor Web player - The Canadian Real Estate Investor Asset Allocation ETFs | BMO Global Asset Management Sign up for Fiscal.ai for free to get easy access to global stock coverage and powerful AI investing tools. Register for EQ Bank, the seamless digital banking experience with better rates and no nonsense.See omnystudio.com/listener for privacy information.
Pittsburgh Regional Transit and other public transit systems across the state are in big financial trouble. The state budget is due on Monday, and lawmakers are considering a few proposals to boost transportation funding — including taxing Uber and Lyft rides — but it seems likely PRT won't get what it needs to avoid service cuts. Laura Chu Wiens, the executive director of Pittsburghers for Public Transit, is here to explain what's on the table, what's at stake, and what she thinks could be done to build a more robust, financially stable transit system. Want to learn more about the statewide campaign to improve our transit system? Check out Transit for All PA. Learn more about the sponsors of this June 26th episode: Heinz History Center Bike PGH VisAbility Become a member of City Cast Pittsburgh at membership.citycast.fm. Want more Pittsburgh news? Sign up for our daily morning Hey Pittsburgh newsletter. We're on Instagram @CityCastPgh. Text or leave us a voicemail at 412-212-8893. Interested in advertising with City Cast? Find more info here. Learn more about your ad choices. Visit megaphone.fm/adchoices
Seit es Menschen gibt, ist der Wald für sie von höchster Bedeutung. Er nährt, heilt, wärmt, schützt und bietet alles, was zum Überleben gebraucht wird. Im "hölzernen Zeitalter", das bis ins Jahr 1800 dauert, sorgt die Jagd für proteinreiche Nahrung, und das Holz liefert Brennmaterial sowie den Baustoff für Häuser und Werkzeuge. Von: Thomas Grasberger (BR 2025)
DCS is talking all their crazy experiences with Uber/Lyft drivers! You gotta hear the story about the hash brown! Plus DCS talks Anthony A making a TV appearance, why House music makes you look younger and another Diddy trial update.
A courtside reporter for the Atlanta Hawks and Atlanta Dream says she was attacked by her Uber driver after a dispute over air conditioning leads to violence on the side of Interstate 85. A 79-year-old man is executed in Mississippi nearly 50 years after kidnapping and killing a banker's wife in a ransom plot. Drew Nelson reports.See omnystudio.com/listener for privacy information.
Although Clive Williams is new to the Driveaway space, he's not new to the world of Driving. He comes heavily credentialed and heavily experienced in a wide variety of driving jobs. He's done everything from Hazmat to Uber and a lot in between. In fact, in today's conversation we go back to a time when Clive was Alive in the middle of the night as a Repo man! Tune in to get a sneak peak into Clive's adventures and how they impact his foray into Driveaway on this edition of the Six-Figure Trucker.Show Notes:Specialty vehicles and MPG's (1:13)Clive checks all the boxes behind the wheel (3:13)The Adventures of a Repo Man (5:28)How Clive's many prior experiences translate to Driveaway (10:15)Keep Trucking, Clive! The Six-Figure Trucker is a weekly podcast about driveaway trucking brought to you by Norton Transport. For more information or to subscribe, please visit Six-FigureTrucker.com.
Advisor and Uber driver Marwan Awar on the benefits of talking about holidays in his taxi.
This is the brutally honest startup story every founder needs to hear. Benedetta shares how she built a fintech app to half a million users and raised $10M—yet still failed. You'll learn why chasing big partnerships can backfire spectacularly, how a seemingly successful startup can quietly fall apart, and how to set yourself up to avoid common but deadly fundraising mistakes. This isn't just another success story; it's a real guide on how not to fail.Why You Should ListenDiscover why even rapid growth and millions raised might not save you.Find out the hidden dangers of relying on corporate VCs.Learn why equal founder equity splits might not be a good idea.Hear the biggest fundraising mistakes early-stage founders make (and how to avoid them).Get practical advice on how to truly validate your startup before building tech.Keywordsstartup failure, fundraising mistakes, fintech startup, founder lessons, corporate VC, startup partnerships, product validation, founder equity split, early-stage fundraising, startup growth challenges00:00:00 Early Days at Uber and Moving into Fintech00:07:00 Launching a Consumer Fintech App in Europe00:13:37 Validating Without Tech Building an MVP by Hand00:19:22 Why US Startup Models Don't Work in Europe00:23:07 Raising Money Quickly—and the Hidden Costs00:28:56 Running Out of Cash When COVID Hit00:32:15 Tough Decisions Layoffs, Sales, and Shutdown00:37:53 How Big Partnerships Can Sink Your Startup00:43:41 Staying Optimistic Even When Everything Falls Apart00:46:38 Crucial Fundraising Advice for Early-Stage FoundersSend me a message to let me know what you think!
O Governo dos Estados Unidos anunciou que a partir de agora irá analisar as redes sociais de estrangeiros durante o processo de solicitação de vistos, inclusive para turismo, estudo e trabalho. A nova exigência reacende discussões sobre liberdade de expressão, privacidade e segurança digital. No episódio de hoje do Podcast Canaltech, conversamos com Renata Castro, advogada de imigração e fundadora da USA4ALL, sobre como essa medida afeta brasileiros que desejam estudar, trabalhar ou morar nos EUA. O que os consulados vão analisar? O que pode pesar contra você? E como se preparar? Tudo isso e mais, no papo completo. Você também vai conferir: nova parceria entre Uber e Loggi promete entregas em todo o Brasil,Tesouro Direto vai investir R$ 4,5 milhões em startups de impacto social, missão privada da SpaceX finalmente chega à Estação Espacial Internacional, celular com teclado físico e duas telas revive espírito do BlackBerry e agora dá pra usar a IA Gemini direto no seu computador, sem abrir o navegador. Este podcast foi roteirizado e apresentado por Fernanda Santos e contou com reportagens de Marcelo Fisher, Danielle Cassita, Wendel Martins e Bruno de Blasi. A trilha sonora é de Guilherme Zomer, a edição de Jully Cruz e a arte da capa é de Erick Teixeira. See omnystudio.com/listener for privacy information.
In der heutigen Folge sprechen die Finanzjournalisten Daniel Eckert und Nando Sommerfeldt über aufregende BP-Shell-Gerüchte, erstklassige Micron-Ergebnisse und viele neue Aktien-Millionäre. Außerdem geht es um General Mills, Alphabet, Tesla, Uber, ExxonMobil, ConocoPhillips, Saudi Aramco, UBS, Carnival, Royal Caribean, Norwegian, TUI, Booking Holdings, AirBNB. Invesco EQQQ Nasdaq-100 ETF (WKN 801498), Invesco EQQQ Nasdaq-100 ETF (WNN: A2N6RV), Invesco Nasdaq-100 Swap ETF (WKN: A2QMHS), iShares NASDAQ-100 ETF (WKN: A0F5UF), iShares Nasdaq 100 ETF (WKN: A0YEDL), Invesco EQQQ Nasdaq-100 ETF EUR Hedged (WKN: A2DT9V) Wir freuen uns über Feedback an aaa@welt.de. Noch mehr "Alles auf Aktien" findet Ihr bei WELTplus und Apple Podcasts – inklusive aller Artikel der Hosts und AAA-Newsletter.[ Hier bei WELT.](https://www.welt.de/podcasts/alles-auf-aktien/plus247399208/Boersen-Podcast-AAA-Bonus-Folgen-Jede-Woche-noch-mehr-Antworten-auf-Eure-Boersen-Fragen.html.) [Hier] (https://open.spotify.com/playlist/6zxjyJpTMunyYCY6F7vHK1?si=8f6cTnkEQnmSrlMU8Vo6uQ) findest Du die Samstagsfolgen Klassiker-Playlist auf Spotify! Disclaimer: Die im Podcast besprochenen Aktien und Fonds stellen keine spezifischen Kauf- oder Anlage-Empfehlungen dar. Die Moderatoren und der Verlag haften nicht für etwaige Verluste, die aufgrund der Umsetzung der Gedanken oder Ideen entstehen. Hörtipps: Für alle, die noch mehr wissen wollen: Holger Zschäpitz können Sie jede Woche im Finanz- und Wirtschaftspodcast "Deffner&Zschäpitz" hören. +++ Werbung +++ Du möchtest mehr über unsere Werbepartner erfahren? [**Hier findest du alle Infos & Rabatte!**](https://linktr.ee/alles_auf_aktien) Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutz: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html
The wheels of injustice go 'round and 'round — and this week's petty crimes may just leave you spinning. Trevin starts things off with an embarrassing encounter at a massage parlor, where a deep tissue session brings him to his knees (literally), complete with a defeated wimpy voice and all. Meanwhile, Amanda battles another medical misadventure, as a sudden fainting spell leaves her bruised, swollen, and understandably over it. In Two Truths and a Lie, Trevin shoots for the stars with space-themed trivia. Discover how astronauts clean their clothes in orbit, what changes NASA made for women, and which U.S. state is weirdly overrepresented among people who leave the planet. Amanda follows up with a mole-themed investigation — inspired by her father's latest nemesis. Are moles venomous to earthworms? How fast do they dig? And what do their underground love lives look like? It's rodent romance and dirt facts galore. Then, we roll into this week's petty crime stories — where both cases involve criminals on wheels.
Il était VP Worldwide de la relation client chez Tesla, responsable ensuite des opérations chez Lyft avant de bosser avec Masayoshi Son chez Softbank pour devenir enfin CEO de GetAround. Il a vu la Silicon Valley de l'intérieur, de très près. Dans cet épisode Off The Record, Karim Bousta raconte sans filtre son parcours, sa relation avec Elon Musk et Masa Son, ses choix, ses galères, et ce que ça coûte vraiment de réussir dans la Tech américaine.On parle de l'enfer du middle management chez Tesla, de la guerre Uber vs Lyft, de Softbank, et de ses milliards, de burn-out, d'ego, de résilience, et de comment il a fini CEO de Getaround avant de lancer son propre fond.Un épisode sans bullshit, à l'image de Karim : cash, précis, et profondément humain.===============================
In this episode of Building Texas Business, I sit down with Pete Mora, founder of Fajita Pete's, to talk about his journey from running a full-service restaurant to building a scalable, off-premise food concept focused on delivery and catering. Pete shares how starting small and keeping the menu focused allowed him to maintain quality and simplify operations. He explains that by limiting the menu and designing the kitchen accordingly, they were able to keep costs low while serving large groups efficiently. His approach helped transition from dine-in service to a streamlined catering and delivery model. We also discuss the importance of hiring well and establishing effective systems. Pete admits he learned the hard way about managing people and the value of setting expectations early. As the company grew, building a culture based on respect, structure, and direct communication became essential to maintaining consistency across locations. Finally, Pete reflects on what it takes to be an entrepreneur. He emphasizes being prepared for challenges, not romanticizing the journey, and staying committed to the long haul. His advice is to set small, achievable goals and surround yourself with people who complement your weaknesses. It's not about doing everything yourself, but about building a structure that supports the growth of your business and your team. SHOW HIGHLIGHTS I delve into the entrepreneurial journey of Pete Mora, founder of Fajita Pete's, exploring his evolution from waiting tables in college to establishing a successful restaurant chain. We discuss Pete's strategic business model, which emphasizes a small footprint and limited menu to enhance operational efficiency and specialize in off-premise services like delivery and catering. Pete shares insights on effective team management, highlighting the importance of hiring the right people, setting clear expectations, and fostering a supportive work environment. The episode explores how Pete's innovative approach and adaptation of technology, particularly during the COVID-19 pandemic, contributed to the growth and success of Fajita Pete's. I examine the significance of maintaining quality and consistency across locations, with a focus on centralizing production processes and collaborating with partners who possess operational expertise. We discuss the advantages of being based in Houston, a competitive environment that offers access to resources and professionals, and how this has influenced the scalability of the business. Pete provides practical advice for aspiring entrepreneurs, emphasizing the value of setting achievable goals and understanding that success can also come from significant contributions within a company. LINKSShow Notes Previous Episodes About BoyarMiller About Fajita Pete's GUESTS Pete MoraAbout Pete TRANSCRIPT (AI transcript provided as supporting material and may contain errors) INTRO Welcome to the Building Texas Business Podcast. Interviews with thought leaders and organizational visionaries from across industry. Join us as we talk about the latest trends, challenges and growth opportunities to take your business to the next level. The Building Texas Business Podcast is brought to you by Boyer Miller, providing counsel beyond expectations. Find out how we can make a meaningful difference to your business at BoyerMillercom and by your podcast team, where having your own podcast is as easy as being a guest on ours. Discover more at yourpodcastteam Now. Here's your host, chris Hanslick. Chris: All right, pete, welcome to Building Texas Business. Thanks for taking time to come on the show. I've been a big fan of your food for years, so really excited about this opportunity. Pete: Well, thank you. I know you told me that the babies grew up eating some of it, so those are always my favorite stories when we get to see multi-generational type of business. We've done some kids from kinder through college now. That's how old we are, that's how long you've been around, I love that I hope my daughters listen. Chris: They don't listen to all these. I think I know that to be true, but they're going to listen to this one. Hayden and Holland grew up on Fajita Pete's. For sure, Fajita Pete's, tell us what that is what you're known for, fajita Pete's. Pete: We're a very small footprint restaurant. 98% of what we do is off-premise. That's our thing. It's either pickup delivery. Catering is a huge part of what we do. By catering, we specialize in corporate catering. Okay, so office lunches, like here at your firm, people call us up 30 people, 11, 30, 14th floor, 29, 25, richmond, you know and then we just show up. They, they like the ease of it. We do three types of deliveries. We do with the warmers, with the servers if you need them, or just drop off and get out of your way which is the most? popular one, but we specialize in a very limited menu so that way we can feed the hundreds of people we do every morning on catering, and then at night we turn into a delivery company, kind of like a pizza company. You call us up, feed us for four. Boom, we show up at your door with the food. Chris: And I can attest that you show up fast. Pete: Yep, yeah, that's from those small menus, so we specialize. There's very few things I'm good at, so I try to do as little as possible so I can be good at those things. Chris: Yeah, keep it simple, stupid, exactly, I love it. So I would think keeping the menu narrow like that helps you with controlling food costs and inventory and managing kind of the cost side of your business. Pete: Yeah, business-wise it's good on a lot of levels. The fixed costs, like you said, the rent. So the menu decides your kitchen layout. So, it decides your equipment package. It decides how many feet I mean you can get very granular with these things. It decides how many feet you need between the equipment, how you lay everything. Our menu specifically allows you to get high ticket items in the small area you know fajitas and group type of events. So we got a high ticket average for the restaurant industry and that's because our items are sold for families or for big groups like this. So it allows you to crank out a lot of food in a short amount of time and allows you to keep it fresh, and it's also a menu that transports well you can compartmentalize everything and it arrives the way you want it to it makes sense. Chris: So let's go back to the beginning. What was the inspiration for you to start this in the first place? At the beginning. Pete: Well, I waited tables to school. I went to. I'm from, naturally from columbia, south america, when we moved here. I grew up inief. I went through high school here, I went to U of H, got into the entrepreneurship program at U of H and that was a program that taught me how to really think about what I can do and scale. Having waited tables, I said well, restaurants really allow you to find out very quickly if you're going to make it or not. And my mom always told me we didn't bring you here to fill out applications, we brought you here to do something. Chris: Wow, I love that yeah. Pete: So with that mentality I was blessed enough to get out of the entrepreneurship program and run into the Meyer family. You know Meyer Land, meyer Park, sure, and we were able to get a very good deal on a restaurant that had been closed for a few years. Mr Meyer was very gracious, allowed me to go into his office. I learned a lot through that negotiation and we started a full service restaurant right out of college, 60 tables in Meyer Park, and that really taught us a lot. I mean typical immigrant story. Right, we made the tables in our garage. You know, walk through the snow in the Houston summers, all that stuff Uphill both ways. Chris: Yeah, exactly. Pete: So that experience was very good, and I always mentioned the full service restaurant because it led to what ended up being Fajita. Chris: Pizza yeah, it's part of your journey, right yeah? Pete: Taught me. The first year was just survival. Second year was figuring out. Okay, now that we kind of know what we're doing because you never know you kind of know what you're doing. Now how do we add revenue? And that's how catering became a topic. Chris: Okay. Pete: It got to over the six years we were there, where we grew the catering business to where it was doing more than our lunch business, and so when it was time to renew a lease, it just didn't really make sense to have the 6,300 square feet we had. Right, we took a leap of faith and went to a 1,200 square foot kitchen in West University and, thank God, it worked out. Yeah, you know, and that's kind of, we were able to keep what we liked from the restaurant business and do it in a way that allowed me to keep doing it, because maybe if I was still in full service I wouldn't be in the business anymore. It was just a very you know, starting at 23, and it was just very hard to get it going yeah uh, but it taught all the lessons I wouldn't learn. I mean, you learn, you know how they say. You learn more the first six months out of college than you do. Chris: The four years in right, yeah. So what was the name of that first restaurant? Pete: Poblano's Mexican Grill. Chris: Okay. Pete: It was in Westmire Park. Now they tore down that area. There's a Coles there. It's a nice development. Chris: Yeah. Pete: I'm very grateful to the people in that area. They were very nice to us. We still deliver to them a lot. You know, we have people that come by the kids. Like I mentioned earlier, we've been able to feed kids from since they're little to college, and when they're in town they come and say hi. So so it's been a very good community based business from the beginning, and I think that's what allowed us to really get the roots down. That allowed us to, you know, withstand all the problems that come with a new business. Chris: Yeah. So let's talk a little bit about those early days. You just said, and kind of alluded to it, those first six months out of college. You feel like you learned a lot more than you did in the four years in college. Anyone in any business starting out on their own there's a lot of headwinds. There's lessons learned. What were some of the things that the challenges you faced that you might share with the listeners to say now you know I went through this, you're likely to go through it too. Here's what I did to help and maybe something you experienced that someone might learn from your experience, to avoid Anything that you share from that perspective. Pete: I think at the beginning, with the restaurant business, you're in the people business right, and the biggest issue that you don't get practice at is managing your employees, your team, your coworkers. I think that was a big eye-opener because maybe people you run into people that don't have the work ethic you have, so you have to learn and I was, you know, young and my mom always told me start when you're young and dumb, because if you're smart enough, you won't do it. If you were smart enough, you wouldn't do this. Chris: Well, there's plenty of people that have come on the podcast that have said you know, yeah, you're never really ready, you just got to take the leap. It's like having a child. Pete: Yeah, you're never ready, it just comes, comes and now you have to figure it out. So, dealing with a crew setting up, the importance of setting up systems from the beginning and not willy-nilly as you go, which I did at the beginning, that's a problem. I said well, we'll figure it out. Chris: Follow your heart. Pete: I think during those trying times at the beginning, it was that developing systems, figuring out how to be a better leader to the people, and also all that while controlling cost, and what really helped me through it because businesses fail from being undercapitalized or mismanaged and what helped me through it is that we were always able to live very below our means to really withstand those pressures that came at the beginning. Chris: Okay, yeah. So yeah, it's good insight. You talked about the challenges of you know work. You're managing a team. There's challenges in building the team right Because you got to get it right and you're going to run across times where you make bad hires. What are some of the things that you've learned over the years? To try to? You know perfect that either the interview process or whatever to make sure you're hiring the right team members that can kind of buy in and get aligned behind your mission and your beliefs. Pete: I think it's hiring. When you hire out of necessity, you're already at a disadvantage. You just need bodies, right. I think, hiring at the right, getting the right person even if you don't have a spot for them, and making a spot for them Somebody that you think can be good for your team. 85 percent of the employee issues are solved at the hiring table. Yeah, you know, you need to get better at picking people who represent, and now people when they're applying, they talk very well, right, so you've got to get used to looking through the through the BS. That's the hard part yeah, and, and we're in the industry where we're talkers right, the end is the restaurant industry and also understanding and being compassionate that most people that are in the restaurant industry didn't that wasn't their goal originally. We get a lot of people that end up in this industry okay, so you have to be understanding of the path they've been through yeah, I didn't think about that yeah, and so so you have to allow them a growth path within your company, allow them a system that shows them respect and treats them like people, because I hear horror stories about how people get treated other places or and it's just the industry word, sure. So I think having that empathy and looking at the same time, looking through the BS and making sure the person you're hiring has somewhat the same values and goals, or at least providing a structure to where it's very clear what you expect from them, I think that's the only fair way to hire somebody Right, because at the beginning I was hiring people and I didn't have a structure, so that's unfair to them because I figured out, like I'm doing current. Chris: Right, right, right, you're living and breathing it. Yeah, someone you hire may not. Pete: No, they need a job yeah, and so learning that that immaturity I had at the beginning, that was key as well and it was unfair to the employee. So really creating systems becomes a way to be more fair to your employees. Set clear expectations, trackable expectations and achievable expectations. I think that's key to them. Chris: So you have this restaurant right, full service for six years or so, and you make a decision that's pretty significant to kind of really change up your entire business model. What was it that kind of you know led you to get the I don't know confidence or the ability to take that risk Like? Pete: everything else. Necessity Necessity Right, because you're signing an extension of a lease and it feels like a plea deal. That's not a good that's a good sign that you shouldn't sign that extension. You know Right, good sign that you shouldn't sign that extension, you know so. Then, luckily, some of my um. Greg lewis is a gentleman who found the spot for me at west you and I'm always very grateful to him. He was just a customer of mine. He said, hey, there's a spot. If you really think about doing it, there's a spot that's available, you should check it out and so I'm very grateful to him. Always he does a lot of real estate here in houston and um, it was a leap of faith in that. I knew that in 10 years I didn't want to be doing what I was currently doing. So I always think if you don't want to do it in 10 years, then don't do it today, because what are you doing? So I said I like this part of the industry and it was also more scalable. The model I was creating was more scalable and coming out of the entrepreneurship program, I mean, you go there to scale businesses. They teach you a lot of things. So I said this is more scalable. With my small brain, it was easier to fill in the spreadsheet and really explain to myself and prove to myself that it was going to be more profitable in the long run. Chris: It's interesting. I wrote a note to come back to this because when you were talking about full service to what you're doing now, it struck me that what you're doing now is way more scalable than a full service restaurant. It's tough and there's plenty of great examples in town that are still very successful restaurants, but those full service restaurants seem to have a. They gain up, the ones that sustain, develop a personality, typically around that founder and entrepreneur right who's there, and we have lots of great examples. I frequent them a lot but they're tough to scale. Maybe they go to two locations, but it's like it's hard to get beyond that personality of that person and what you've done is is may created something that still has great quality food, has your stamp on it, but doesn't require you to be at all the locations for it to be successful and I think that comes from the, the low operating cost, the simplified menu we spoke about earlier, all those things you know. Pete: I do think that the full service there's always. There's great restaurants here. Like I said, I was born in colombia. I learned how to eat mexican food at ninfas yeah you know, and, and there's a lot of amazing restaurants here in houston. People always ask me well, what do you think about this place? They're great. There's a dude, we're blessed in houston there's so much good food and it's just to me. I tell them it's just an honor to be even mentioned. Like they say oh well, I like your food. I compare it to this restaurant. I compare that. You know that's crazy yeah now it's to think of how it's scaled and how how people know we're actually starting to go from the. What the heck is a fajita pizza? Chris: oh, there's a fajita pizza right, which is a weird turn yeah, you know, I don't know how to tell a different mind. Yeah, yeah, so so you, yeah, so you start this new concept, you start to it. Let's talk through what were some of the challenges you faced in scaling the business. Pete: I think it was educating the market. Right, it was really letting people know because at that time in 2008,. You either got pizza delivered or Chinese and that's it. Yeah, so really educating the market that we do delivery. They're like, oh, okay, so for like 150 people or no, no, no, we do. And you would tell the customers would come in, it's a little room like this. They would come in multiple times and then until while they were there, they saw drivers going. They go oh, you deliver to houses. And it was just an education time because Uber wasn't really big. No, third-party platforms, so that was a very difficult thing. I also put the tortilla lady right behind the counter so I could see her hand-rolling tortillas, because also, when you go to smaller locations, people assume it's a lesser product. Right, it's an inferior product. So I said, well, let's put the lady right here so they know, because they're used to going to the restaurant and seeing the ladies make tortillas the good ones, you know and so they were like, oh, I get it, y'all make your food. It was just a big education process, educating the markets always was the hardest thing at the beginning. Chris: Talking about the tortillas, your quality of food is outstanding, my opinion. Thank you. I think other people agree. One of the challenges for a restaurant, I would think, in the scale, is maintaining the quality and the consistency. Is maintaining the quality and the consistency what? And you? You talked earlier about putting systems in place, but what? What are you doing to make sure that quality and consistency is there, because you're now all across the state of texas? Pete: yep. So it was very difficult to begin. Like I said, we we used to trim in house marinating house. It's a. I mean, we can get into the weeds on processes and procedures, but you would always maybe go to another store where they added sugar instead of salt to the marinade. So you're like, oh, we can't do that. Very early on I realized that I needed more system, more structure, and one of my goals was to grow. But I knew I couldn't do it the way I was doing it. Then we got to the point where we could marinate our stuff centrally and distribute it to our food distributor who takes it to the stores. So that was one thing that saved some concern, because that's the biggest heartache is the worst thing you can hear is I don't like that one as much as that one. Chris: Right, it's just different, right? Yeah, that hurts yeah. Pete: So it's developing relationships with manufacturers that can actually do your recipe the right way and deliver it to the customers. Chris: Sorry, yeah, go ahead. You've been talking a lot. Advert: Hello friends, this is Chris Hanslick, your Building Texas business host. Did you know that Boyer Miller, the producer of this podcast, is a business law firm that works with entrepreneurs, corporations and business leaders? Our team of attorneys serve as strategic partners to businesses by providing legal guidance to organizations of all sizes. Get to know the firm at boyermillercom. And thanks for listening to the show. So let's talk a little bit about innovation. What are some of the things that you feel like you have done, or maybe doing that are somewhat innovative, to help your business grow? Pete: Well, you go back to getting a good team around you, right? So when I started to grow, I ran into one of my partners, joey Aguia, who had a lot of operational experience in the industry. He was a franchisee for multiple concepts and, because I don't want people to think this all came out of my brain, I had a lot of help along the way and I would stop you because that is such a great point. Chris: Rarely has anyone just done it on their own right. You surround yourself and maybe we'll talk a little bit about that in a second, but I think it's a great point we should pause on, it's knowing what you're not good at. Yeah. Pete: And luckily. Chris: I'm so bad at so many things that it was just finding people all over the place that could help me. Well, I doubt that part but I bet you know. Pete: So innovation so you were talking a little bit about All right. So innovation was going to these manufacturers and our recipe is citrus-based. So technology really caught up to what we do in that not that we do anything special, but the way we do it was very hard for technology to be able to put it in a stable way that could perform the way we expected. So along the way we got with further processors who marinated our product and that was a three-year process to really get it right. So that's innovation on their side right. For us it was our technology, our apps, our ability that helped us survive through COVID. Actually Our ability to do curbside, to be quick and responsive, the way we package our things, the way we set up our kitchen, which took a couple iterations, and to really limit steps and increase customers service through speed and convenience and, like I tell people, the three C's you know convenience, a consistency and quality dad joke, like my daughter says that joke and and so. So those three things really helped us to speed up our service and match. So the problem there becomes matching your service through technology and through your processes on the front end. So really investing into that at an early point helped us keep a little bit ahead of the curve along the way. Okay, so those type of innovations. Chris: That's great. Head a little bit ahead of the curve along the way, okay. So those type of that's great. So, as I mentioned, started in houston and one spot in west university. Uh, you've now expanded throughout the state. What are some of the advantages that you've experienced or see in being a texas-based business and maybe it'll kind of spread across the state? I? Pete: think that that well, I came to Houston. I don't you know, being here, you don't realize how big it is and how competitive it is, and, as I think being in that competitive environment really helped us, you know you gotta. I mean, you can't sell fajitas 23 years in Houston and not be good. Chris: Right. Pete: There's 10,000 restaurants that do a great job in Houston, so I think that was one of the things Having access to big providers, distribution, the ports, being close for our produce. You know being close to the border, so I think that being a hub allows you to control costs, develop business and really grow strategically. Having so many people here law firms, business professionals to help you along the way, you have everything you need in Houston, In Texas, you know, by professionals to help you along the way. You have everything you need in Houston In Texas by default, so I think that was really an advantage. Although it's hard to make it, I think you have the tools you need if you're lucky enough to run into them early. Chris: Okay, that's good. So, when you think about the restaurant industry, what are some of the headwinds that you feel like your company or the industry may be facing today, or that you see around the corner that you're trying? Pete: to. Right now. I think there's a crunch. People are spending a little bit less, right? I think we all see it at the grocery stores, we see it everywhere. So a headwind is how do you translate your value proposition to the guests? We're a community-based business, so we tell people teachers, preachers and coaches so that is part of the value proposition you have as a brand. But people still want to. I mean, it's all about the meat and potatoes, right? They want to get a good value for their food. So the headwinds are figuring out how to provide value, control cost and still deliver the quality that the customer deserves. Gotcha. Chris: What was one of the? When you think about struggles or lessons learned, what was one of the maybe failures or mistakes you feel like you made along the way in those early days that you overcame, but it taught you a lesson that you'll never forget. Pete: I think it was really like we mentioned in the beginning hiring problems. At the beginning it was a lack of maturity. It was a lack of having systems, like we mentioned. I think, maybe underestimating what I did in that well, if I did, anybody can do it and maybe making bad decisions on people I could put in key situations, and those probably came because my systems weren't good enough also. So I think really underestimating what you do as an entrepreneur is a problem that we all have. Underpricing your services is a problem we all have. And trying to compete with my full service restaurant, trying to be everything to everybody, having 70 items on the menu that was the biggest lesson. I said no, there's too much waste. It's too hard to be good at everything else. Let's just be good at one thing and replicate that. So I think those lessons really got us to where we are in learning how to trust other people in areas that you're weak at. Chris: I said well, going back to being the best at one thing, it's almost like the GE mindset, right? Yeah, let's be. If you can't be the best, let's not do it. Pete: Yeah, I got any color you want, as long as it's black. Yeah, you know so that's the way you, that's the only way I could figure out how to do it. Chris: Yeah, the kind of going back to the people and I agree with your emphasis on so much of it is in the interview process, hiring process. You usually learn that the hard way, right. And then you get to what do you do when you realize you made a mistake? And what have you kind of learned over the years about when you realize you've made a mistake, how to handle that and how to move? Pete: on. I think you have to be fair to the person. You have to let them go. You have to get rid of the people, right, inform them of why it's probably not a good fit. Most of the times, people just fire themselves. But in this situation where you make the mistake, you just have to be fair. Let them know what their strengths and weaknesses are, because I would want somebody to do it to my son. Sure, let him know where he messed up so he can be better next time. Say, hey, it ain't going to be here, but if you get better, you'll do better there. So having those clear conversations those are tough conversations to have, sure, they are, but they're important because they're part of leadership is not when you're with the person you know. Good leadership extends to when they're gone from you and in the lessons, like a lot of the leaders I've come across, I say the things they say still 30 years later because they're good leaders. So they don't have to be next to you to be a leader. So we, as people who are in charge of businesses, we have to understand that the leadership style we need needs to be forward thinking, right. Chris: But it's a great mindset to share. So let's talk a little bit about leadership then. I always like to ask people how would you describe your leadership style? How do you think that's evolved over the last? Pete: almost 20 years. I think it's like people, I'm very relaxed leadership style. I'm really not very confrontational. I need to get better at those things. But I take everybody's opinion. It's very disseminated the way we make decisions. It's never hey, make the call, pete, right, no, no, we talk about it. I involve everybody. People that maybe even ask why are you asking my opinion? Why do I? Whatever, I think it's very important to always take the opinion of people actually in the front lines, and that's the reason I like having my store, my original store, always because I'm making decisions for a store in Chicago, well, I need to feel the pain of that decision, I need to feel the weight of it, and if I wouldn't do it at my store, why would I do it at theirs? So it keeps you honest. You have to be with the team. I guess is the question for leadership. Chris: Sounds like kind of that servant mindset. Pete: Yes. Chris: I'm not going to ask you to do something I wouldn't do myself Exactly. Pete: And then, once decisions are made, expect everyone to know, get behind it, move forward. Yep, exactly, I think that's important part of especially the industry we're in, because people you, you deal with hourlies, salaries. Now with the franchising corporate staff is a different employee than at the store level, but everybody has a, a trigger. You can. You can touch people in different ways, but you have to take the time to know what motivates them. So you have to to be in it. Chris: Got to be in it. So we've kind of been talking around this, but let's go right into culture, right? So all you're talking about hiring the right people, telling them and being clear about expectations, giving them motivation and incentive to do that job. You know, how would you describe the culture that you believe you have at Fajita Pete's? And then what are you doing to make sure that, as you scale the business beyond that one location, that it is resonating in those other? Pete: locations. We need to do a better job of culture building. You always need to be doing a better job of culture building. I think it's by example, like I told about the leadership side. So we try to communicate directly with the teams. If there's issues, you communicate directly with the frontline people that don't expect a call from you, but it lets them know hey, somebody's watching, and not only when there's issues. When there's good things happening, you need to communicate that to them, because it's like putting deposits in a bank account right, every interaction you have with somebody is that you're putting a deposit or you're taking a withdrawal and if you go and only withdraw, they're not going to listen to you. There's nothing there. So you have to build that up. So those interactions are part of what we do as a culture. We need to incorporate probably more team meetings, as we do. We did at the beginning and now, as the company grew, we have multi-unit franchisees who kind of have a good vibe going on good culture within them. But I do think getting back to more scheduled team events is going to be good. We just had one a few months ago. So those things that allow people to see that you're in it with them. You're going through the same issues it's not just you and you have that support system. I think those things are critical. Chris: I like that and I think the team building right Creating opportunity for them to connect and build relationships so that the team within the team has a connection, feels like they've got each other's back will end up being a better product for the customer Because they're taking pride in what they're doing and want to help each other be successful. Pete: You have to believe your own BS. You know what I mean. Chris: If not, because part of the service that. Pete: You have to believe your own BS. You know what I mean. If not, because part of the service that we try to teach is genuine service. So you have to have a genuine. Like I tell people, don't learn my spiel, but learn in your words. Say the same things in your words, because I don't want it to sound rehearsed True. But, it's a tough thing, as we grow so fast, to really you go through six months at a time in the blink of an eye. So it's something that we have to be more intentional on and keep building that Right. Chris: There's so many things going on right. That's a good point as an entrepreneur, just how you juggle and manage because you're trying to keep the business going, trying to grow the business, you're trying to maintain relationships up, down and all around. But you got to. I think it comes back to systems and processes. Right To say we're going to have quarterly team meetings or whatever they're going to be, so that there's a scheduled cadence to doing the things that help create the connectivity. Pete: Yep, that's part of growth. I think it's just taking stuff off your plate, putting in the right, because on top of all the business stuff there's also life. Yeah, you have a family, yeah, exactly I know so you think about. Chris: you were a great education at U of H and the entrepreneurial program. So what? What type of advice, being where you are now looking back, for someone out there that maybe is thinking about starting on their own, like you did years ago? What are some of the one, two, three things you might say as advice to say, if you're thinking about starting your own business, regardless of the industry? Pete: What's some something you might say as advice to say if you're thinking about starting your own business, regardless of the industry, what's something you could pass on to them? I think you have to have. You have to go in it with open eyes and understand that it's going to be. You can have the best intentions and you can do everything fault, but it's always your problem. So I think that's having you have to know that going in and thank God, now there's industry. You hear, hey, I started a business, sold it in five months for X amount. That's awesome, but that's not everybody. So be ready to. If you're not planning on keeping it, don't start it. Be ready for that. So I buy a couple of little commercial real estate properties. Are you going to flip it? If I'm not willing to keep it for 30 years, I'm not going to buy it today. Now will I flip it? Probably. But you have to go in with the mentality If you're not going to keep it, don't start it. And, like the good things, set yourself small goals, because you always have the big picture as the entrepreneur, as the founder, sure, but set small goals and celebrate the wins, right, you know. So I, I think it, once you achieve those smaller goals, those milestones. You really need to celebrate them for you, because we have, I tell people, entrepreneurship is almost a disease, right, right, and you don't recommend it to everybody. It's not for everybody. 100 so, and there's nothing wrong with not being an entrepreneur now. Now there's a culture that everybody needs to be their own boss and side hustles, and not for everybody. There's nothing. There's entrepreneurship that they teach us in the entrepreneurship program also how to grow within the company Interesting, how to add value to your boss. Chris: I hadn't heard of that. That's great yeah. Pete: So that's a very important part, because not everybody, it's not for everybody. Chris: It's not, and that's a great point, right. Everyone thinks, and because of those, the the things that get the headlines right someone starts a company, a year later, they sold it to whatever it sounds easy, we're making it. Pete: You know the media romanticism about it yeah, but it's not for everyone. Chris: I mean, we're all different, we all have different strengths and and we said this earlier, you know in the podcast, in this episode it's not easy, it's not for everybody. So just because you can't do it, that make you a bad person. You have, you could have a very significant role within a company, even if you haven't found it uh, I would think that's a great thing on your resume is failure right, right that that that I mean. Pete: that's how we all learn, absolutely, you know. And another another thing is people who have done things. If you can move one rock out of the path of somebody coming behind, then that's also our responsibility. Right Now, will they listen or not? Because I remember 23,. You knew everything, you know, yeah, so, but you have to be available to those people as well available to those people as well. Chris: Okay, so you said you moved from Columbia. Yes, sir, what's your favorite thing about Houston or Texas? Is there an event you like to go to every year, or sporting event or cultural event? Pete: About Houston is that there's a lot of live events. So I like live stuff, I like sports, I love the Astros. Go to the Texas games, rocket games, I like that. If you wake up at, if you you're one in the morning and you want to eat food from any country in the world, you pick it. There's a restaurant here in houston for it. Yeah, I like that. There's a good international community. I mean, there's bad things, always the traffic and everything, but that comes with it, right. So I like the opportunity that it's there, because then you can learn from different things, you can apply what you learn in other areas. So that's what I like about it Just the broadness of it, the availability of whatever you can think of and the access to different people that come from maybe not a similar background, but we all have mothers, grandmas, fathers, brothers, sisters. So you end up realizing that the world is not as big as you think and we're not as different as we think. Chris: Very true, very true. So I'm 90-something episodes into this podcast. I've asked every guest this question at the end. When I ask you even though it just seems a little bit odd, but I ask my guests, what do you prefer? Tex-mex or barbecue? You with the fajita restaurant? It seems like it's not a fair question. Pete: It's not a fair question, because my favorite type of food is chinese. Okay, so no. But houston has a great uh text mix scene and and I think it's just awesome when people come here you've seen the interviews they come in for barbecue text mix, but there's so much more in between, sure, you know? I think it's. It's such a beautiful, it's a good city. Chris: It's a great city to be a foodie. Yeah, because it's also where it's such a beautiful part of town. Pete: It's a great city to be a foodie. Yeah, because it's also where it's at on the map right. You can access different produce products that match other cuisines, so then you end up getting more authentic food, like you would if you went there Now. It's not equal apples to apples, but it's a very good representation of whatever that culture is trying to portray. Chris: So last question you've mentioned is it's it's not being an easy being an entrepreneur, run your business. So what do you do to kind of for yourself, to kind of recharge, relax? Pete: Spend a lot of time in the afternoons with the family. The funny thing is cooking, which we do all day. But you know, go home, clip a branch of the rosemary plant, make some steaks for the family, spend time, go to live events. I think recharging that social battery. Being in crowds, I like that environment. That's part kind of the restaurant kind of gives you that. But you know, going to different live events, concerts and sporting events is really kind of the way to charge up and it allows you to be in the moment and, even though you never clock out as an entrepreneur, it allows you to kind of disengage for just enough. Chris: Yeah, you know until you're driving out. Nearly right, yeah, so well, pete, this has been great really your stories amazing and inspiring. Like I said, I've been a big fan of the food for four years before you, so getting to meet you has been a real pleasure. Pete: Thank you, thanks for coming on. Thank you, brother. Chris: Appreciate it.T Special Guest: Pete Mora.
Amy is starring in the Ace Ventura reboot, Ryan's Uber purposely drove next to a car on fire, Amy got a hole filled, Love Island USA, cream soda, China MacLean, a rocky Father's Day for both of us, Ryan was handed the best trivia questions and still lost, Jehovahs, Amy has an amazing Japanese dinner experience, Rocky has a new PLT story about getting cock-blocked by a guy's roommate, another listener PLT story about a letter they found in a thrift store, and we end the show with a game of Memory! Hosted on Acast. See acast.com/privacy for more information.
Welcome to Show Me The Money Club live show with Sergio and Chris Tuesdays 6pm est/3pm pst.
Novo Nordisk parts ways with Hims & Hers, a financials-related stock to get on your radar and more! Jason Moser and Matt Frankel discuss: - Why Novo Nordisk is parting ways with Hims & Hers. - Waymo and Uber's big Atlanta debut. - What the potential tax deduction on autos could mean for consumers and companies. - Matt has a financials-related stock he thinks is worth a closer look. Tickers mentioned: NVO, HIMS, TSLA, UBER, GOOG, GM, ALLY, RKT Host: Jason Moser Guest: Matt Frankel Engineer: Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices
From 06/24 Hour 2: The Sports Junkies break down the future of self driving cars.
A new Xbox branded Meta Quest. Amazon is expanding same day delivery even more. What does it mean for the AI race if ChatGPT seems to be outcompeting Microsoft's Copilot offerings in the enterprise space? Why is Wall Street leading the way on AI adoption? And what exactly is Mira Murati's big new AI startup going to do, exactly?Sponsors:Venice.ai/techmeme and code: techmemeLinks:After a year of waiting, Microsoft's Meta Quest 3S "Xbox Edition" is here — our hands-on review of this (very) limited edition partnership (Windows Central)Amazon bringing same-day delivery to ‘millions' of rural customers (The Verge)Tesla Robotaxi Incidents Draw Scrutiny From US Safety Agency (Bloomberg)Waymo's robotaxis are now available on the Uber app in Atlanta (The Verge)ChatGPT's Enterprise Success Against Copilot Fuels OpenAI and Microsoft's Rivalry (Bloomberg)Goldman Sachs launches AI assistant firmwide, memo shows (Reuters)Thinking Machines Lab's $2B Seed Round Is Biggest By A Long Shot (Crunchbase News)How Ex-OpenAI CTO Murati's Startup Plans to Compete With OpenAI and Others (The Information)See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
In this episode, Scott Becker breaks down three key stories: why rideshare stocks like Uber and Lyft are surging despite alarming implications for drivers, Apple's surprising underperformance among the Magnificent 7, and the increasingly brutal job market facing young white-collar professionals.
In this episode, Scott Becker breaks down why Uber, Lyft, and even Tesla are seeing major stock gains this year, driven by a future vision of autonomous vehicles with no drivers.
Rover walked over 2 miles to get an Uber after he went to an Inter Miami soccer game. People warn Charlie that walking downhill is harder than going up.
Same shorts different day. Doubled the budget. Did Krystle share a nip slip before? Ex-TV news anchor Stephanie Hockridge and her husband have been charged and convicted of fraud for obtaining PPP funds during covid. Rover got a letter from the IRS. Rover walked over 2 miles to get an Uber after he went to an Inter Miami soccer game. People warn Charlie that walking downhill is harder than going up. A 22-year-old influencer claims she makes $16 million a year and spends $100k a month on her well-being. Rover is thinking about getting Botox. A couple in Wisconsin is facing multiple charges after they allegedly tried to poison two women. Disneyland Paris cancels a wedding after the bride is revealed to be a nine-year-old girl. Closed on Saturdays. Do not take a cold shower during a heat wave. Half of Americans say they need $100k a year to feel financially secure. Will Duji buy Gia a brand-new car?
Rover walked over 2 miles to get an Uber after he went to an Inter Miami soccer game. People warn Charlie that walking downhill is harder than going up. See omnystudio.com/listener for privacy information.
Same shorts different day. Doubled the budget. Did Krystle share a nip slip before? Ex-TV news anchor Stephanie Hockridge and her husband have been charged and convicted of fraud for obtaining PPP funds during covid. Rover got a letter from the IRS. Rover walked over 2 miles to get an Uber after he went to an Inter Miami soccer game. People warn Charlie that walking downhill is harder than going up. A 22-year-old influencer claims she makes $16 million a year and spends $100k a month on her well-being. Rover is thinking about getting Botox. A couple in Wisconsin is facing multiple charges after they allegedly tried to poison two women. Disneyland Paris cancels a wedding after the bride is revealed to be a nine-year-old girl. Closed on Saturdays. Do not take a cold shower during a heat wave. Half of Americans say they need $100k a year to feel financially secure. Will Duji buy Gia a brand-new car?See omnystudio.com/listener for privacy information.
After speaking at a CREW conference in Texas, Cal meets a smart young Uber driver who was curious about the number of jobs that we can anticipate losing in America because of AI. The driver wanted to know what the lives of Americans who'd most likely lose their jobs were going to look like, and how these people might get by and transition. Cal finds some answers from Sam Altman, the CEO of OpenAI, and Geoffrey Hinton, the Godfather of Artificial Intelligence. He also discovers a half-helicopter/half-airplane taxi service that looks like a job for the future as we head into the age of the Jetsons. Listen up and get to the cutting edge.
Federal Reserve chair Jerome Powell testified before Congress, reaffirming the central bank's wait-and-see stance on rate cuts. Plus: Uber shares rose after it launched its robotaxi partnership with Waymo. Danny Lewis hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
FICO turns to BNPL data and Fiserv embraces a new stablecoin. Andy Cross, Jason Hall, and Matt Frankel discuss: - FICO to include BNPL data - The importance of Tesla's robotaxi - Tesla's advantages and challenges in self-driving - Fiserv launches its own stablecoin Companies discussed: FICO, TSLA, GOOGL, UBER, FI, PYPL, CRCL, SHOP Host: Andy Cross Guests: Jason Hall, Matt Frankel Engineer: Dan Boyd Advertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, "TMF") do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF is not involved in the offer, sale, or solicitation of any securities advertised herein and makes no representations regarding the suitability, or risks associated with any investment opportunity presented. Investors should conduct their own due diligence and consult with legal, tax, and financial advisors before making any investment decisions. TMF assumes no responsibility for any losses or damages arising from this advertisement. Learn more about your ad choices. Visit megaphone.fm/adchoices