Forever 21 Goes Bankrupt & ChatGPT Can Have A...

#925: The NBA drops the hammer down on the LA Clippers for circumventing the league’s salary-cap rules. The USS Abraham Lincoln makes a stop at a Thailand resort known for its history in sex tourism after a lengthy deployment. Customers are discovering restaurants are starting to ...  Show more

#924: Some labor groups are standing up to the data center backlash, saying it could jeopardize thousands of jobs. Global bond selloff puts a squeeze on borrowers around the world. GoPro just got bought out after years of decline. Dyson launches a $500 toothbrush that squirts at ...  Show more

ChatGPT’s servers “melted” because of its new feature… Steal from every movie studio.SoulCycle is launching 1st chain of fashion stores… It’s SoulCycle vs Lululemon.CoreWeave is the biggest tech IPO in 4 yrs, but it flopped… Because of our 3 Rules for IPOs.Plus, we’re heading to ...  Show more

(0:00) Bestie intros! (6:47) The VC FOMO frenzy in AI (25:22) Current LP mindset, VCs leaving boards, startup cram downs and mark downs (37:23) Macro update: inflation not done, weaker earnings, interest rates (52:01) Marc Benioff channels his inner Elon Musk, the stock-based com ...  Show more

(0:00) Bestie hangover! (1:05) Analyzing SBF's media tour: his angle, media coverage, and more (21:09) FTX culpability: media, investors, regulators (53:41) Challenging media coverage of other countries, China's current situation, Xi Jinping's standing (1:10:04) What OpenAI's new ...  Show more

This week, Felix Salmon, Emily Peck and Elizabeth Spiers ponder the future of computers, cars, and…fast food? They discuss why Elon Musk is suing Sam Altman and OpenAI and the altruistic origins of ChatGPT. Also: Wendy’s “surge pricing” gaff had customers crying foul and Apple’s ...  Show more