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Group Chat

Google's Bug War, 197x Movie Profit & LA's Next Mayor | GCP 1008

Group Chat

Group Chat

Entrepreneurship, News, Business

4.81.5K Ratings

🗓️ 1 June 2026

⏱️ 65 minutes

🧾️ Download transcript

Summary

Group Chat News is back with the hottest stories of the week including

Google's about to release 32 million genetically-modified mosquitoes in Florida — the boys break down why it's the worst PR move big tech could possibly make right now, and what Brad Gerstner is doing differently that the rest of Silicon Valley should copy.

Then: a 26-year-old named Curry Barker made a horror movie for $750K that's already grossed $148M in three weeks. That's a 197x return on a $750K bet — while Hollywood studios are losing money on $200M tentpole films. The barriers to entry just collapsed and the establishment isn't ready.

Plus the LA mayoral race heats up: why we're "quiet Spencer Pratt voters," whether he can beat Karen Bass in the runoff, and what his rise says about a city that's finally fed up. The Mamdani-in-NY parallel, the demo that decides it, and why this might be the biggest mayoral election in California history.

Also covered: why America stopped demanding excellence (and China didn't), Berkshire Hathaway's quiet bet on Scottsdale homebuilders, World Cup ticket prices getting borderline criminal, and why Wembanyama might be the most well-rounded young athlete in sports.

Transcript

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0:00.0

I just want to, you know, say in advance, congratulations to Spencer Pratt.

0:05.0

Oh, you think he's getting 51.

0:06.8

Mayor Spencer Pratt.

0:09.0

I think he's coming in hot.

0:10.3

I think he's Trump 2016.

0:12.4

I think, look, the polls are close, but I think the polls are stupid.

0:17.3

And Spence is coming in, 51%.

0:21.0

As the voice of just down the middle on this, he's going to get the runoff, right?

0:28.6

So it's going to be Bass and him.

0:31.2

Raman has no shot.

0:33.7

Beating Pratt or Bass to get the runoff.

0:36.8

That's when the fireworks start.

0:38.9

That's when we'll see how much money each one can raise.

0:42.3

I think Spencer's going to raise a fuck ton of money.

0:46.1

He might raise a billion dollars.

0:48.4

Yeah.

0:49.1

I think he's reached this level of like, he's on a different level now.

0:53.2

Yeah.

0:53.4

Like he's going to,

0:55.7

it's going to be the biggest mayoral election in California history for sure.

1:01.9

I know Bloomberg spent crazy money when he ran.

1:07.1

So I don't know if it'll ever top that.

...

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