Airbnb’s investment in the WeWork for housing — Amazon’s JEDI business ethics — The Volker Rule

The Best One Yet

Nick & Jack Studios

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

4.6 • 9.8K Ratings

🗓️ 10 December 2019

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Yesterday we broke down why Airbnb shouldn’t acquire a competitor — now they just took the first step in acquiring another called Zeus. Amazon lost the $10B JEDI contract with the government, but its fight against the decision reveals what business ethics are all about. And former Fed Chair Paul Volker passed away, so we’re sharing his 2 biggest financial lessons.Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Transcript

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0:00.0	This is Nick, this is Jack.
0:02.8	And this is Snacks.
0:03.8	Daily is Tuesday, December 10th.
0:06.1	We're coming out you live from my living room.
0:08.9	We decided to record a little.
0:10.0	We got a company offsite layer today,
0:11.6	so we didn't even have to be honest.
0:12.9	Still happened to make this the best Snacks daily
0:15.2	we've ever done.
0:16.0	Jack, can you get me a T over here?
0:17.3	Nick, why are you not even wearing socks?
0:18.9	First story, I never wore socks on my face.
0:20.9	All right, we're talking about the Jedi contract,
0:23.3	which is the super secret cloud government contract
0:26.3	that Amazon just lost.
0:27.6	Lost it they did.
0:28.8	But the Bezos has striked back.
0:30.8	He filed a complaint with the Federal Appeals Court.
0:32.8	Snackers, it's an opportunity for us to talk about
0:34.8	the ethics of business, which is a very specific type of that.
0:37.5	Second story, yesterday we covered hip camp,
0:39.8	which is the Airbnb for camping.
	...

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