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Valuetainment

"An AFFORDABLE Premium Experience" - Starbucks CEO's TONE DEAF Defense Of $9 Coffee

Valuetainment

Valuetainment Episodes

Business

4.81.7K Ratings

🗓️ 7 May 2026

⏱️ 12 minutes

🧾️ Download transcript

Summary

Patrick Bet David plays Starbucks CEO Brian Niccol’s viral interview where he says a 9 dollar visit “does feel like you are splurging” and that his job is to make that feel worth it, then debates whether this is arrogant during high inflation or just honest premium positioning.

Transcript

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0:00.0

Some follow the noise.

0:03.3

Bloomberg follows the money.

0:05.4

Because behind every headline is a bottom line.

0:09.3

Whether it's the funds fueling AI or crypto's trillion dollar swings,

0:13.8

there's a money side to every story.

0:16.5

And when you see the money side, you understand what others miss.

0:20.8

Get the money side of the story.

0:22.9

Subscribe now at Bloomberg.com.

0:27.8

Starbucks CEO, Brian Nicol, whom we love, were very complimentary of.

0:33.3

He had a rough week after he made this comment about finding ways to improve the $9 coffee experience at Starbucks.

0:40.3

Some people said at least he's being honest.

0:42.6

Some people said this is a little bit crazy to talk like that, especially at a time where people are dealing with inflation, gas prices.

0:49.5

Here's the CEO of Starbucks, Brian Nicol. Go ahead, Rob.

0:51.7

In some cases, you know, a $9 experience does feel like

0:56.0

you're splurging. And then what that means is we have to make it worthwhile, right? We've heard so much

1:00.9

this year about the K-shaped economy, fortunes for some Americans, very different than for others.

1:05.1

Is that not really something that's coming up in your sales? You know, we're not seeing that

1:09.8

in our business. What we're seeing is people? You know, we're not seeing that in our business.

1:11.0

What we're seeing is people, you know, they want to have a special experience.

1:16.3

And regardless of what your income level is, in some cases, you know, a $9 experience does

1:23.3

feel like you're splurging.

1:24.8

And then what that means is we have to make it worthwhile, right?

...

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