“I will protect this Peloton” — Under Armour’s shoe deal. Kustomer’s Facebook love. S&P Global’s $44B splurge.

The Best One Yet

Nick & Jack Studios

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

4.6 • 9.8K Ratings

🗓️ 1 December 2020

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

Probably because they watched that Michael Jordan documentary, Under Armour is launching a Steph Curry shoe brand (but we’ve got a long-term solution for them). Facebook is reportedly dropping $1B for Kustomer because it’s the cherry on Zuck’s 2020 strategy sundae. And S&P Global whipped up the biggest deal of the year at a cool $44B.$UA $PTON $FB $SPGIGot a SnackFact? Tweet it @RobinhoodSnacks @TBOYJack @NickOfNewYorkWant a shoutout on the pod? Fill out this form:https://forms.gle/KhUAo31xmkSdeynD9Learn 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, and this is Snacks daily.
0:04.7	It is Tuesday, December 1st, Happy Teemo and Tuesday.
0:07.2	Nick, would you look at that?
0:08.6	The Dow just had its best month since 1987.
0:11.5	Jack, we weren't even born yet, we weren't even a thing back then.
0:14.3	I guess we'll give credit to the election.
0:16.1	Bitcoin, by the way, now a thing?
0:17.9	Yeah, I had a best month because people talked about it over Thanksgiving.
0:21.7	Number one driver of Bitcoin, people talking at National Holidays.
0:25.6	Nick, this happens to be the best one yet, so I'm going to get into our first story.
0:29.9	Under our mirror, most of them watching that Michael Jordan documentary on the SPM.
0:33.8	They're giving Steph Curry a shoe brand, but first Jack and I've got a longer term idea.
0:38.0	For our second story is S&P Global.
0:40.7	Our buddy Timmy used to work there, and they just dropped a huge $44 billion for the biggest
0:45.8	acquisition of 2020.
0:46.8	I mean, Jack and I saw so many superlips here, we had to cover this, we really had no other
0:50.6	option, but we found a fantastic story in there for you.
0:53.2	For our third and final story, in 2012, Facebook acquired Instagram for $1 billion.
0:58.0	Well, now Facebook's buying customer with a K for $1 billion.
1:02.4	And customer with a K reveals what Zuck is actually focused on.
1:06.7	But Snackers, before we jump into that, honestly, Jack, a wonderful mix of stories today.
1:12.2	Jack and I have got a breaking update for you.
	...

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