🧟 “The Shaq SPAC” — WeWork’s ReRise. ThredUP’s IPO outfit. Nike’s China erasure.

The Best One Yet

Nick & Jack Studios

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

4.6 • 9.8K Ratings

🗓️ 29 March 2021

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

A year and a half after its IPO died, WeWork is going public (with help from Shaq), but we think it’s a VC bailout. ThredUP jumps 43% at its IPO while tossing the wellness trend on fashion. And Nike faces its biggest boycott in China because it exercised its freedom of speech… about China.$TDUP $BOWX $NKEGot a SnackFact? Tweet it @RobinhoodSnacks @JackKramer @NickOfNewYorkWant a shoutout on the pod? Fill out this form:https://forms.gle/KhUAo31xmkSdeynD9Got a SnackFact for the pod? We got a form for that too:https://docs.google.com/forms/d/e/1FAIpQLSe64VKtvMNDPGSncHDRF07W34cPMDO3N8Y4DpmNP_kweC58tw/viewformLearn 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, and this is Snacks Daily, it is Monday, welcome back March 29th.
0:07.0	This is the best one yet.
0:08.2	Day 14, still on FUNCH, baby.
0:10.2	What's our first story?
0:11.2	One and a half years after canceling its IPO, we've got the re-rise of WeWork.
0:15.8	Yes, we do.
0:16.8	Featuring Shikiloneel.
0:17.8	It's a bailout for venture capital.
0:19.3	That's what it is.
0:20.3	For our second story, ThreadUp just surged 43% after their thrift store IPO.
0:25.3	Alright, Jackie, you got food wellness, you got fitness wellness.
0:28.2	Welcome to fashion wellness.
0:30.4	For our third and final story, Nike is getting erased from China's shopping malls.
0:35.2	It's happening in China because Nike exercises free speech, ironically about China.
0:39.6	But before we hit that wonderful mix of stories Jack today, Alex just got the vaccine, right?
0:45.2	We went over to the Essex County Fairground.
0:48.2	Name drops, where they actually ran a surprisingly tight ship.
0:51.2	Very nice, these are some of the great perks of pregnancy.
0:53.3	Yeah, it turns out antibodies to a pregnant mother get passed on to the baby too, according
0:58.9	to a recent study.
0:59.9	Reminder, baby is doing April 5th.
1:01.4	Could be a super baby.
	...

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