Google gets a Fitbit, AIG’s anti-catastrophe quarter, and Quip flips the razor/razorblade model
The Best One Yet
Nick & Jack Studios
4.6 • 9.8K Ratings
🗓️ 4 November 2019
⏱️ 17 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | This is Nick. This is Jan. This is Snacks daily. It's Monday, November 4th. |
| 0:05.9 | Welcome back from a great week. Good time, Nick, because we decided this should be the best snack daily we've ever done. |
| 0:11.6 | Nick and I are in New York. We have a New York State of mind. Everything looks beautiful. I remember that taxi cab. |
| 0:16.2 | It was yesterday, I said, Ralph. Yellow checkers. Beautiful stuff. Three wonderful stories we got to. |
| 0:21.9 | First up, Google acquired Fitbit. Nick, pat on the back moment. We predicted this on Friday morning. |
| 0:27.3 | And it happened on Friday morning. Now we know what you're thinking. Kind of obvious. |
| 0:32.2 | They're going to compete with Apple Watch and growing the wearable segment and start selling ads for when people don't even have a phone and computer anymore. |
| 0:38.5 | Hey, Siri, show me an ad. Yeah, we get it. That's going to happen. |
| 0:41.4 | But we're going to talk about the premium because Google paid 65% more than Fitbit's like standard stock. |
| 0:47.0 | And that's going to be related to our takeaway. Nick, do you like catastrophes? |
| 0:50.5 | Not really. They're not my thing. Neither does AIG. |
| 0:53.8 | It's profits rose last quarter because of fewer natural disasters. |
| 0:57.3 | We're going to dive into the insurance company that basically caused the last recession. |
| 1:01.2 | Third and final story, the not quite unicorn of the day is quip. |
| 1:04.0 | It's not quite. It's almost a billion divation. Not really. It's about a quarter of that. |
| 1:07.3 | It's on every podcast as an ad. This is on the podcast. |
| 1:10.9 | As a story. It's a story. |
| 1:13.1 | We're going to talk about how it's doing the Razer, Razer Blade model. |
| 1:16.4 | But backwards. It's wild. Then before we jump into all that, we got kind of an early snack pack. |
| 1:21.4 | We promoted it to the intro. This is from Matt Collins in Grand Island, New York. |
| 1:25.1 | We showed up to this podcast recording an hour early. |
| 1:28.2 | What day is it? What time is it anymore? |
... |
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