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The Masters, Meme Stocks & the $545M Gamble | GCP Ep. 1001

Group Chat

Group Chat

News, Entrepreneurship, Business

4.81.5K Ratings

🗓️ 16 April 2026

⏱️ 58 minutes

🧾️ Download transcript

Summary

Group Chat News is back 

1001 and still going.

This week: the Masters broke every record with Rory's comeback. Online gambling is out of control. LIV Golf winding down as Saudi money dries up. Uber's AI budget produced nothing and big companies are rethinking the spend. S&P at all-time highs while Buffett sits on $300B cash. Allbirds became a meme stock. Zuck moved his desk. SpaceX SPV drama. Corporate lawyers getting quarterback money. American luxury thriving, Gucci bleeding, global luxury demand disappearing. Boomers have $90T and every spring break reservation. TMZ set up shop in DC.

Transcript

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0:00.0

All right, Kathy's 1001 episode.

0:05.0

You know, I got a lot of personal texts from people.

0:09.0

I can't believe you guys stuck it out.

0:11.0

Well, what was the statistics?

0:13.0

0.1%.

0:15.0

So there's like a waterfall, like, you know, the number of podcasts that even last 100 episodes

0:22.2

is very minimal.

0:24.2

And then as you kind of ladder up to a thousand, you're at 0.1%.

0:29.6

It makes sense.

0:31.1

I mean, even like some of the podcasts that I remember, we were, you know, at 5-4, back, you know, 10, 15 years ago,

0:39.9

we were a podcast advertiser, early podcast.

0:43.0

Right. And a lot of those probably don't exist. I mean, yeah, or they've morphed dramatically.

0:47.7

Like Pat McAfee, we were an advertiser, Pat McAfee, Ben Shapiro. We did all those podcasts

0:53.4

back in the day.

0:56.4

And it was just like a blanket budget. Said, hey, we'll pay $200 for a read.

0:59.4

And just even watching the landscape of advertising, it's so much bigger than like what

1:05.2

it was 10 years ago.

1:06.5

And it's only going to get bigger.

1:07.8

And I know people had taught.

1:09.7

We talked about Netflix had integrated podcasts. I haven't turned get bigger. And I know people had taught, we talked about, um, Netflix had

1:12.3

integrated podcasts. I haven't turned on Netflix in so long. I turned it on last night. And then I,

1:17.3

they're really pushing it. It is in the middle. Yeah, Simmons. Yeah. There's the barstool.

...

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