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Exponent

Episode 067 — Weighing and Voting

Exponent

Ben Thompson / James Allworth

Technology

4.6832 Ratings

🗓️ 19 February 2016

⏱️ 62 minutes

🧾️ Download transcript

Summary

Ben and James discuss the mistakes made by Zenefits, when to challenge regulation, and the problem with short-term thinking. This podcast was recorded before the Apple/FBI news broke; we currently plan to cover that next week. Links Ben Thompson: Fidelity Reprices Again — Stratechery Daily Update Ben Thompson: Zenefits and Regulation — Stratechery Ben Thompson: Follow-up to The Reality of Missing Out — Stratechery Daily Update James Allworth: High Frequency Trading and Finance’s Race to Irrelevance — Harvard Business Review Here is the letter the world’s largest investor, BlackRock CEO Larry Fink, just sent to CEOs everywhere — Business Insider … Continue reading Episode 067 — Weighing and Voting

Transcript

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0:00.0

Hi, James. Ben, how are you?

0:02.7

I'm good. How are you?

0:05.8

I'm not used to having that question asked me so quickly, but I'm pretty good too, actually. A little busy, but good.

0:11.6

Did you have the day off today? Oh, we're recording. We're recording early this week.

0:15.6

We are recording early. So it's Monday where you are. No day off. No rest for the wicked for us.

0:20.4

What, I forget there's a holiday.

0:21.5

So I did this post and it was a daily update and I said,

0:25.3

actually I think I want to reference this and I want it to be public,

0:28.5

you know,

0:29.0

more often.

0:30.3

So I,

0:30.9

so I just was a weekly article,

0:32.0

then I posted and I remember there's a holiday and then no one read it and I was,

0:34.5

and then I was sad um that's not true but um but it's uh but now I'm

0:39.4

like oh I should just taking the day off but yeah oh well I mean you you weren't the only one

0:45.3

expressing that opinion to me today it was um it was a ghost town around Palo Alto uh I could

0:51.4

get a coffee and feels like nothing else. That doesn't happen very often.

0:55.9

Yeah. I don't know. This is was worth falling up on last week, which

1:14.3

when we had the talk about the IPO talk, and I did mention this very briefly in the middle

1:19.6

of a rant, so I understand that people missed it. How could they miss it in the middle of one of your

1:25.7

rants? I know. Yeah. Are they listening?

1:30.1

They're more engaged with the performance aspect as opposed to the actual words.

...

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