“It’s like an invisible smart fridge” — Snowflake’s broken IPO. Facebook’s Ray-Ban deal. NextEra’s renewable monopoly.

The Best One Yet

Nick & Jack Studios

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

4.6 • 9.8K Ratings

🗓️ 18 September 2020

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

Snowflake’s business is kind of boring, but their IPO reveals everything that’s wrong with IPOs right now. Facebook is whipping up a Zuck-free Ray-Ban partnership to win Wearables. And NextEra is now the most valuable utility stock in the USA thanks to renewable energy and a hint of monopoly.$SNOW $NEE $FBGot 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 in his Friday, September 18th.
0:06.5	I'm looking at you through FaceTime Nick, have you showered this week?
0:09.5	I didn't showered, I feel just getting over it.
0:11.8	I actually jumped in the canal, I did the saltwater natural shower.
0:15.8	Jack, I did the walk outside, walk back inside, brush my teeth, let's do the podcast
0:19.7	kind of a thing.
0:20.7	Nick, I don't have time for this, this pot is the best one yet.
0:23.6	TVO, I jacked for a story, what do we got over here?
0:26.6	Snowflake is the biggest software IPO ever.
0:29.6	This Snacker's Jack and I got an overnight CS double major degree to properly whip up
0:33.7	the takeaways on this one.
0:34.9	For our second story, Facebook just unveiled smart glasses and they teamed up with Ray Bans
0:39.4	and they come out next year.
0:40.6	Facebook could have zucked Snapchat, shockingly chose not to.
0:44.7	For our third and final story, Nick Sarah is the most valuable electric utility in the
0:49.5	United States.
0:50.5	And that thanks to a combo of renewable energy with a dollop of monopoly power.
0:55.5	Just a dash of monopoly.
0:57.0	Just a little bit more.
0:59.0	Remember the guac is always extra.
1:00.2	Just a dash of unlimited pricing power.
1:02.6	Not bad, the guac is always extra.
	...

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