Budweiser acquires Babe / White Girl Rosé, The RealReal surges 45% on its IPO, and Velodyne is the startup making self-driving possible

The Best One Yet

Nick & Jack Studios

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

4.6 • 9.8K Ratings

🗓️ 1 July 2019

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

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Summary

With beer sales falling, Budweiser’s parent company AB InBev acquires the maker of Babe canned rosé and White Girl Rosé as its summer makeover. The RealReal is leading the re-commerce industry by pulling an Airbnb on thrift stores — and it just surged 45% on its IPO. And Velodyne is our “Pre-IPO of the Day,” using an anti-Tesla technology to make self-driving happen for a bunch of key carmakers (and tech giants).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, this is Snacks daily, it is Monday the 1st of July.
0:06.8	And it's been a great first half of the year.
0:08.4	This has been really nice, a lot of big best here.
0:10.2	Half number two officially starts today with July 1st and the S&P 500 rose 17% in the
0:15.6	first 6 months.
0:16.6	The best June for the day since 1938.
0:18.8	The best first half of a year since 1997.
0:22.2	And the best Snacks daily episode we've ever done, you thought we forgot, we didn't
0:26.1	forget.
0:27.1	T-D-O-Y.
0:28.1	What are the wonderful three stories we've got?
0:29.6	Just in time for the holiday week.
0:31.0	Budweiser's parent company AB Inbev just acquired a white girl rose and babe wines.
0:37.0	Officially your summer drinking routine is changing the alcohol industry.
0:40.2	Second story is the real deal, it's the real real, the most absurdly named company
0:45.3	IPOing this year.
0:46.3	It jumped 45% on Friday.
0:48.8	It's first day of trading.
0:49.8	It's riding two millennial fears overpaying and overburdening planet.
0:54.4	A third and final story is our wonderful IPO of the day.
0:57.6	It's only called Veladine.
0:58.6	It makes the technology that makes self-driving cars pass.
	...

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