Perplexity’s Fourth Funding Round + Lessons From Boeing in Long-Term Thinking

Prof G Markets

Vox Media Podcast Network

Entrepreneurship, Investing, Business

4.6 • 722 Ratings

🗓️ 28 October 2024

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

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Summary

Scott and Ed open the show by discussing the decline in existing home sales, Tesla’s earnings, the McDonald’s E. coli outbreak, and Shein’s deceleration in growth in the first half of the year. Then Scott explains down why he thinks, despite the disappointing earnings, Boeing could be a buy. He and Ed also discuss why the pension plan is the biggest sticking point in negotiations for the striking workers. Finally, they break down Perplexity’s latest funding round and Ed explains why he’s not so bullish on the company. Order "The Algebra of Wealth," out now Subscribe to No Mercy / No Malice Follow the podcast across socials @profgpod: Instagram Threads X Reddit Follow Scott on Instagram Follow Ed on Instagram and X Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	If you think talking about finances in general is hard, try talking to your parents about money.
0:07.0	What you don't want to do is like, do you have any money, what's going on?
0:11.0	You don't want to come at them in a more adversarial way.
0:15.0	Or, as I said, you don't want to come out like you're now the parent.
0:19.0	What to do about the ups and downs of your 401k?
0:22.6	If you or someone you care about plans to retire soon, that's on the next explain it to me.
0:28.4	New episodes every Sunday morning. Today's number, $400,000. That's how much Al Pacino paid his landscaper per year to maintain a property he didn't live in.
0:42.9	True story yet.
0:44.2	The pool boy fucked my nanny.
0:46.3	So I ended up catching a cold.
0:48.5	True story yet.
0:50.3	My pool boy fucked the nanny.
0:52.6	So I caught the cold my wife had.
0:55.0	It takes a minute, but it's funny.
1:09.0	I think the funniest was the initial botched delivery. That was my
1:13.1	favorite part of the joke. I hope that stays in the edit. That happens a lot. Welcome to
1:18.6	property markets. Today, we're discussing Boeing's terrible day. A lot of jokes in there about
1:25.1	air disasters, but I'm not going to make them. And Perplexity's fourth funding round.
1:29.6	That's where we are.
1:31.2	Boeing workers are on strike, and Perplexity is raising a fourth round.
1:35.4	But here for, oh, wait, banter.
1:37.9	I'm sorry.
	...

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