Jessica Alba & The Honest Company; Gary Vee & His NFT “VeeFriends”

Squawk Pod

CNBC

News, Investing, Business, Business News

4 • 494 Ratings

🗓️ 5 May 2021

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

Serial entrepreneur Gary Vaynerchuk has launched a collection of non-fungible tokens in the hopes of building a community around NFTs and integrating that technology with smart contracts. With his VeeFriends project, he’s attaching “utility” to non-fungible tokens, and he’s betting big on the metaverse and the crypto ecosystem. Jessica Alba, founder of lifestyle brand The Honest Company, joins her CEO Nick Vlahos in a conversation about the company’s debut on the Nasdaq. Her team is betting on a sustained interest in sustainability and the health-conscious economy. Plus, Treasury Secretary Janet Yellen is tempering her comments on a potentially “overheating” economy, and Krispy Kreme is serving up an IPO. Happy Cinco de Mayo! May your celebrations last until the Berkshire Hathaway stock splits.

Transcript

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0:00.0	This is
0:02.0	This is Squawk Pod. I'm C.N.
0:04.0	producer Katie Kramer.
0:05.0	Today on our podcast, it's a big deal.
0:08.0	Honest.
0:09.0	The Honest Company's debut with none other than its founder Jessica Alba.
0:12.8	Now everyone is aware of how they can live a better life
0:17.4	and they do care about safety and health,
0:20.6	sustainability, diversity and inclusion, something that Gen Z cares about.
0:25.7	And a whole new world of big deals, NFTs, with believer, entrepreneur, and media guru Gary
0:31.3	Vanerchuk.
0:32.2	This is internet 1999. Crazy hype on the overall
0:36.5	technology, way too many people land grabbing and going for cash. The
0:41.5	blockchain and I believe non-fungible tokens are a much much
0:45.8	bigger thing. Plus Janet Yellen cooling down some rate talk and how do you take
0:51.0	your crispy cream? If they're glazed, I can do a dozen in a day, but.
0:54.7	With butter and maybe ice cream and maybe, maybe even some syrup or something.
0:59.6	It's Wednesday, May 5th, 2021,
1:02.0	Happy Cinco de Mayo.
1:03.6	Squoc Pod begins right now.
1:06.5	Good morning, everybody.
1:07.4	Welcome to Squak Box here on C.
	...

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