Netflix's 1st decline, Amazon’s Prime Day records, and Unicorn of the Day: Turo

The Best One Yet

Nick & Jack Studios

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

4.6 • 9.8K Ratings

🗓️ 18 July 2019

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The 2-day Amazon Prime Day just ended, so we jump into the “flywheel effect” that powers it. Netflix shares plummeted 12% and it’s blaming its lack of story-telling the last 3 months. And Turo is our unicorn of the day after an investment by Tinder-owner IAC boosted the car-sharing platform beyond a $1B valuation.Learn 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 Jen, this is Snacks, Daily It is Thursday to lie 18th, how are we feeling about this?
0:06.5	It's T-boy time.
0:07.4	This is actually the best Snacks daily we've ever done.
0:09.6	Markets inch down at 10.
0:11.0	I'm very excited for this scale.
0:12.7	We have a diverse, like, complete breakfast status.
0:15.4	This is serious oatmeal.
0:16.6	The first one is Amazon Prime Day.
0:19.0	It just ended and we'll tell you the strategy behind Amazon's discount pollutes.
0:23.0	It's all about the flywheel effect.
0:24.6	Just start saying flywheel effect.
0:25.8	The second story, Netflix had its worst quarter that we can remember as far as I can.
0:29.4	It shares dropped by 12%.
0:31.6	We're blaming two reasons.
0:33.1	We're not blaming Dustin though.
0:34.3	Dustin from Stranger.
0:35.3	Dustin's it fun.
0:36.3	Third and final story, the unicorn of the day is Turo.
0:38.3	It's a car share company.
0:39.3	Not a ride share company.
0:40.5	And it just got a $250 million investment from IAC.
0:44.6	We've got a big ask from our Snackers at the end of this.
	...

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