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The Best One Yet

🎈 “1 balloon bouquet, please” — Bird’s e-scooter SPAC. Party City’s helium hype. SoftBank’s record *profit.

The Best One Yet

Nick & Jack Studios

Tech, Finance, Business, Pop Culture, Business News, News

4.69.8K Ratings

🗓️ 13 May 2021

⏱️ 20 minutes

🧾️ Download transcript

Summary

Party City knows you didn’t love Becky’s Zoom baby shower, so it’s betting the future on balloons (literally, Balloon Bouquets). Bird tossed off its helmet and is going public via SPAC. And Japanese venture capital firm SoftBank has a 300-year investment timeline and just delivered a bigger profit than Amazon… with just 1 asterisk.$PRTY $BIRD $SWBK $SFTBYGot a SnackFact? Tweet it @RobinhoodSnacks @JackKramer @NickOfNewYorkWant a shoutout on the pod? Fill out this form:https://forms.gle/KhUAo31xmkSdeynD9Got a SnackFact for the pod? We got a form for that too:https://docs.google.com/forms/d/e/1FAIpQLSe64VKtvMNDPGSncHDRF07W34cPMDO3N8Y4DpmNP_kweC58tw/viewformLearn more about your ad choices. Visit podcastchoices.com/adchoices

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Transcript

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0:00.0

This is Nick.

0:02.0

This is Jack.

0:03.0

And this is Snacks.

0:04.0

Daily it is Thursday the new Friday May 13th.

0:07.0

Unfortunately, stocks fell yesterday down.

0:09.0

Brutal.

0:10.0

About 2% on average.

0:11.0

Yeah, they went from red to maroon.

0:12.0

Companies are seeing Godzilla.

0:14.0

Prices are mythically rising across the economy.

0:17.0

Just as we mentioned yesterday Snackers, it's inflation.

0:20.0

It's bad for stocks.

0:21.0

It's kind of scary.

0:22.0

You don't usually see it.

0:23.0

It's like Godzilla.

0:24.0

Inflation made your mattress more expensive.

0:25.0

Yes, it did.

0:26.0

But this pot is still free.

0:27.0

Mattress mattress mattress, the best one yet, Jack.

0:30.0

What's our first story today?

0:31.0

Bird rides, a scooter sharing company, has been racing live for the two-wheeled domination of the world.

0:36.0

So bird kind of wins now?

...

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