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The Best One Yet

Amazon knocks off Allbirds — Target’s shipping nirvana — PayPal buys $4B of Honey

The Best One Yet

Nick & Jack Studios

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

4.69.8K Ratings

🗓️ 25 November 2019

⏱️ 18 minutes

🧾️ Download transcript

Summary

Allbirds’ CEO noticed that Amazon’s been knocking off its go-to shoes — Amazon calls them “equivalents,” we call them “knock-offs”. Target is enjoying shipping nirvana and shares are up 91% this year because it’s pulled off same-day shipping magic. And PayPal splurged $4B for deal-snagging pioneer Honey, but Wall Street ironically thinks it overpaid.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, and this is Snacks daily. Welcome back. It is Monday, November 25th.

0:07.7

Nick and I are coming at you live. Yes.

0:10.7

For my dad's law office in Vermont and Nick's an upstate New York.

0:14.0

I'm an upstate. There are, there is no live studio audience today. I'm looking at like a deer and a tree right now.

0:18.7

No, Nick and I are settling into our Thanksgiving week digs a little bit early.

0:22.1

In the meantime, we've got our special remote pod equipment, and this happens to be the best Snacks podcast ever.

0:28.8

For this T-boy, we got three great stories, and we're kicking it off with PayPal, which just made its biggest acquisition yet.

0:36.3

Los Angeles based Honey, the deal-finding website feature.

0:40.2

You should have used Honey to not spend so much for Honey PayPal. This seems like an easy win.

0:44.1

Yeah, a 10% off code for that four billion acquisition that would have saved you some pennies.

0:48.9

Oh, it's big. Second story where we got. Amazon is selling all birds knockoffs, and we're not just talking about some Chinese brand that's knocking off all birds.

0:56.9

We're talking about Amazon knocking off all birds. Jack and I jumped in Snacks to the world of algorithmically inspired knockoff businesses over at Amazon.

1:06.6

Third and final story, Target is the big box retailer that is surviving the retail apocalypse.

1:11.4

We're going to promote this to thriving the retail apocalypse, and its latest earnings report, Mest with our heads.

1:18.7

Target is actually saving money. When you do one day shipping, it doesn't make sense.

1:25.2

One day shipping is cheaper than two day shipping. Now Snackers, before we jump into all that, we got to talk about the situation going over at Tesla,

1:35.2

which Jack and I haven't be shareholders of, because they just released a new thing.

1:38.8

We mentioned this on Friday's pod, but we need to dive deeper. Tesla has a new electric pickup trapezoid that it launched on Friday.

1:47.1

It's supposed to be a pickup truck, but it looks more like a Robocop and like a steak knife had a baby together.

1:52.0

They designed this thing completely from scratch. They didn't look at the Ford F-150 and make a minor tweak.

1:57.2

It's as if an alien described this to another alien and then they made a pickup truck.

2:02.4

Elon Musk must have a flatbed on this thing.

...

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