Spotify hits 217M profitless users, Airbnb & Marriott’s twin announcements, and Chewy.com’s “pet humanization” IPO

The Best One Yet

Nick & Jack Studios

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

4.6 • 9.8K Ratings

🗓️ 30 April 2019

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

Spotify now boasts 100M paying subscribers, so we looked into why it’s still losing so much money (hint: It’s betting on podcasts). Airbnb and Marriott both revealed new services that look a lot like each other (awkward). And PetSmart’s digital brand Chewy.com will IPO thanks to “pet humanization” trends.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 Jack, this is Snacks Daily, it is Tuesday, April 30th, and this is
0:07.2	the best Snacks daily ever.
0:09.5	Yeah, marketer at a record high, not too shabby.
0:12.0	Good start.
0:13.0	Jack's still got a case of bachelor party voice.
0:14.6	I'm back from the bachelor party, my voice is aka karaoke throat.
0:18.9	Unbelievable time.
0:20.0	Now, conquer a puzzle.
0:21.4	Stocks have hit record highs.
0:22.9	We went in, we found three fantastic stories.
0:25.2	We're kicking it off with Spotify.
0:26.7	Yes.
0:27.7	100 million paying customers, that is elite status.
0:31.4	And it's recent move signify, it had confined harmony with a new business model.
0:36.1	Second company is Airbnb.
0:37.8	Third company is Marriott, but we're packing into one story.
0:40.4	Two for one.
0:41.4	Both made big announcements.
0:42.4	Now Airbnb is becoming more like Marriott.
0:44.8	Marriott now is becoming more like Airbnb.
0:47.1	It's actually kind of cute.
0:48.3	It is.
	...

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