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CZ vs SBF | Group Chat News Ep. 704

Group Chat

Group Chat

News, Entrepreneurship, Business

4.81.5K Ratings

🗓️ 9 November 2022

⏱️ 59 minutes

🧾️ Download transcript

Summary

Today, Dee and Anand discuss today's election, Groupchat's NFT, crypto's latest hack, Disney's earnings, Lyft's earnings, John Foley's new (mis)adventure, Victoria's Secret's acquisition of Adore Me, Tyson Foods' CFO, Powerball's winning ticket, and NYC schools' exodus.

Timeline of What Was Discussed:

  • Midterms 2022. (1:33)
  • An update on the Group Chat NFT. (7:58)
  • CZ vs SBF. (9:25)
  • The tale of two earnings reports: Disney and Lyft. (21:06)
  • Do you want a custom rug? (27:54)
  • Ad Break: Saint James Iced Tea. (33:19)
  • Victoria’s Secrets’ business turnaround. (34:46)
  • Tyson Foods CFO snafu. (37:43)
  • The $2 billion Powerball has its winner! (42:41)
  • The sad state of public schools. (46:11)

Related Links/Products Mentioned

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Transcript

Click on a timestamp to play from that location

0:00.0

Ladies and gentlemen, welcome back to group chat number one podcast in the world. We have some very exciting content today.

0:08.7

One, it is election day, so we will be talking a little bit about voting around the country.

0:14.3

Two, crypto is absolutely batchit crazy. There is basically a war that's broken out between CZ and SPF.

0:23.5

You got to have cool names like that if you want to be in crypto.

0:26.9

This is wild.

0:28.9

Billions of dollars at stake. These guys are laughing billions tens of billions of dollars.

0:33.9

The entire ecosystem at stake and these guys think it's a joke just tweeting back and forth.

0:38.9

Tweeting back and forth. By the way, we just not talked about but Twitter apparently had a record a week with users last week.

0:46.9

But we'll get into more into the crypto crisis, Disney earnings, lift earnings and everyone's favorite founder is back.

0:56.9

The hot idea. I mean, innovation on another level.

1:01.9

There's some things I love about venture technology, Silicon Valley, the innovation that comes out.

1:07.9

The Peloton founder is just, he's back at it again.

1:10.9

I'm playing checkers. He's playing chess.

1:12.9

You will not believe what he came out with.

1:15.9

We talk about public schools and taxation at the end of this.

1:19.9

Some staggering numbers coming out in New York City. Let's get into it.

1:23.9

Cash.

1:25.9

Ladies and gentlemen, group chat.

1:30.9

Happy election day.

1:35.9

All over the country, people are at the voting boots, electing.

1:41.9

I don't know who the hell is going to win in any of these races.

1:44.9

But it's exciting. I'll watch CNN tonight.

...

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