Peloton gets no love for its Personal Record, Wag wants to sell itself, and Match expands international (hard) with respect

The Best One Yet

Nick & Jack Studios

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

4.6 • 9.8K Ratings

🗓️ 6 November 2019

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Match Group shares dropped because it’s not as ambitious about the upcoming holidays as investors wanted — so we looked at Hinge and its adorable new mascot. Peloton’s numbers outperformed what analysts expected, but the stock still dropped because Wall Street can be irrational. And Wag is our “Almost Unicorn of the Day” whose jumbo fundraise from a key WeWork investor hasn’t helped.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.
0:02.8	This is Snacks.
0:03.8	Daily, it is Wednesday.
0:05.5	Do you remember six?
0:06.3	Snackers, I am pumped to be on this podcast.
0:08.7	We feel fantastic.
0:10.8	Stocks remained at a record high, and this is the best one yet.
0:14.1	It just so happened.
0:15.0	Yesterday's was pretty good, but this one's better.
0:16.5	Peloton, we interviewed the co-founder a couple months ago,
0:19.3	but they just did their first earnings report since the IPO.
0:22.3	It feels like it was yesterday, Jack.
0:23.6	The stock dropped because investors are kind of a rash.
0:26.3	Sometimes it doesn't make any sense.
0:27.3	Second story, though.
0:28.4	Match is tired of you talking about Tinder.
0:30.9	It has other dating apps, so we're going to talk about
0:33.1	the other dating apps.
0:33.9	Even though Tinder pretty much makes the most of its business.
0:36.6	Third and final story is the pre-unicorn of the day.
0:38.7	It's called WAAA.
0:39.7	Beautiful name.
	...

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