🏦 “Mo Money Mo Problems” — Silicon Valley Bank’s Notorious BIG. Chick-Fil-A’s steaknife. Allbirds’ fashion quadrant.

The Best One Yet

Nick & Jack Studios

News, Business

4.7 • 9.5K Ratings

🗓️ 15 March 2023

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

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Summary

The entire Silicon Valley Bank drama can be explained by Biggie Smalls’ “Mo Money Mo Problems” — but so far the system’s working. Chick-Fil-A is spending $1B to expand beyond the US, but it’s going to need “The Steaknife Strategy.” And for the first time ever, Allbirds just saw its shoe sales fall — because it tried to be LA in SF. $SIVB $FRB $BIRD $MCD $SBUX Follow The Best One Yet on Instagram, Twitter, and Tiktok: @tboypod And now watch us on Youtube Want a Shoutout on the pod? Fill out this form Got the Best Fact Yet? We got a form for that too Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	This is Nick, this is Jack.
0:02.5	It's Wednesday, March 15th.
0:04.5	It is great to be back and today's part is the best one yet.
0:09.4	Great to see you after a one week paternity leave.
0:13.3	Jack, you're looking fantastic over there, honestly.
0:15.6	Did I miss anything while I was out?
0:17.9	Well, Jack, there was the Oscars, Michelle Yo-1, an Oscar.
0:22.0	Cool, anything else?
0:22.9	Sunny D launched that orange-hardseltser, apparently a taste-broken.
0:27.0	Anything else?
0:28.4	Well, March Vad has just began and my brackets already broke up.
0:31.7	All right, good.
0:32.5	That's all I missed, great.
0:33.7	A one more check.
0:36.0	Everyone thought the financial system was going to fall apart.
0:39.0	A large bank went out of business.
0:40.4	Molly and I had money there.
0:41.6	We thought we lost it all.
0:42.6	It was a whole thing.
0:43.4	One week off, and the whole system almost falls apart.
0:46.5	Jack, what's our first story for our first part back?
0:49.2	In the last week, the number one story
	...

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