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The Best One Yet

“And the winner of the Slack-quisition is...” — Citibank’s unicorn hunt. Nasdaq goes woke. Slack’s $28B trophy.

The Best One Yet

Nick & Jack Studios

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

4.69.8K Ratings

🗓️ 3 December 2020

⏱️ 17 minutes

🧾️ Download transcript

Summary

Forget savings accounts — Citibank’s venture capital arm deserves your attention. Nasdaq whipped up a game changing new rule that requires your board have 1 woman and 1 underrepresented minority. And now that Salesforce’s acquisition of Slack is official, we dove into the numbers Snacks-style to figure out what comes next if you own Slack or Salesforce stock.$NDAQ $C $WORK $CRMGot a SnackFact? Tweet it @RobinhoodSnacks @TBOYJack @NickOfNewYorkWant a shoutout on the pod? Fill out this form:https://forms.gle/KhUAo31xmkSdeynD9Learn 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.

0:04.6

It is Thursday the new Friday, December 3rd, Jack.

0:07.4

This pot is too good.

0:08.4

I don't want to mess around.

0:09.4

I want to get right to it.

0:10.4

Jack, it's actually better than yesterday's TBOY, the best one yet.

0:13.9

What's our first story over there?

0:15.1

Nasdaq is setting new rules to plan their stock exchange.

0:17.8

Jack, one woman, one minority, or go home.

0:20.3

For our second story, Citibank makes money on interest, overdraft fees, and those annoying

0:24.6

ATM fees like $4.50.

0:25.6

They're the worst.

0:26.6

But Jack, it's the side hustle of Citibank venture capital that we want to talk about.

0:32.0

They should think about stopping the exporting and just focusing on the imported.

0:35.8

Side hustle to Fahas, I like what you do with that.

0:37.8

For our third and final story, this slack acquisition is now official.

0:41.4

Snackers now we know who won and by how much, and then of course, who lost.

0:45.4

But before we hit those three, fantastic stories.

0:48.4

Wonderful stories, Jack.

0:49.4

Wonderful story.

0:50.4

This week has been a big week for Forbes Magazine.

0:52.7

Yeah, it is, Jack.

...

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