00:58:53 · John Coogan, Jordi Hays, Ivan Zhang
[00:58:53] S1: A lot [00:58:53] S0: of people had money on Norway But controversial, right? Because people were saying Douglas fir, [00:58:58] S1: noble fir, [00:58:59] S0: potentially Stick with more domestic varietals. Right? [00:59:02] S1: Kinda going from normal. [00:59:05] S0: Skirting the tariffs here because it was grown [00:59:08] S1: in Okay. New That's good. Yes. Fantastic. Well, Trees for Troops, of course. If you're feeling generous this holiday season, that's our charity of choice today. Wait. [00:59:22] S0: And we got one one last post. This went viral. Jared Holt enjoying some fine Chinese food and Yes. Had served an ad Got served an in the fortune cookie. [00:59:38] S1: In the fortune cookie. [00:59:40] S0: Yes, we paid for a fortune cookie ad. It is so funny. I hope they gave him a fortune, too. It's just pure ad. [00:59:49] S1: Yeah. You've got to have [00:59:49] S0: a Nice. [00:59:51] S1: An ad. [00:59:52] S0: Fortune cookie. [00:59:53] S1: So I know somebody who either co founded this business or worked on it. And it's a fascinating business because it's a great value prop for basically everyone involved. So you go to a Chinese restaurant and you say, what if you're fortune [01:00:09] S9: cookies Look [01:00:10] S0: at this line item. You're spending $10,000,000 a year on fortune cookies. [01:00:14] S1: You're probably spending like $10 a year on fortune cookies or something. [01:00:18] S0: Yeah, which is a big deal. The restaurant might be a $100,000 of of like actual
01:00:18 · Jordi Hays, John Coogan
[01:00:18] S0: Yeah, which is a big deal. The restaurant might be a $100,000 of of like actual [01:00:23] S1: And you say, we'd love to give you the fortune cookies for free. You say, what's the cash? Well, they'll have ads inside. And people are I don't care. Okay. There was another one, bar napkin, napkin ads. That that business did really well too. And it's just a simple... Okay. You have a supplier that can print the ads. You have an ad sales team that's calling up Polymarket and other other prediction markets and other companies that want to buy ads. And then on the other side, you just go and you have the best pitch ever because you're giving something away for free. And I think these have scaled pretty well. And it's pretty high margin because making the fortune cookies, throwing the ads in there, think it's pretty cheap. And so it's a lot of fun. [01:01:00] S0: Nightmare situation for Apple as Will. McAlvey says 80% of headphone users on the L train to Brooklyn are corded rather than AirPods. Why is this? AirPods are a superior product. No. And can't say I'm surprised here, John Yeah. Just because I had gone heavy into the corded Apple earbuds years and years ago. [01:01:26] S1: There's a few there's a few benefits, but on the L train specifically, the corded is so much safer. Because if you have an AirPods incident where it's a yard sale and you drop your you drop your AirPods and everything goes on sale and spreads out all over the place. [01:01:43] S0: Never there.
01:01:43 · Jordi Hays, John Coogan
[01:01:43] S0: Never there. [01:01:43] S1: Yeah. If you drop the AirPod case by accident, you... Everyone knows that it has springs inside the ejectors that they built a gas powered. I think it's cold gas thrusters that spray the AirPods all over the train. That could be really dangerous. It could go onto the tracks. It could land directly on the track, cause a derailment. You would be responsible for potentially billions in liability. So the corded headphone is going to keep you a lot safer, and you're gonna have a lot less liability on your hands. So, yeah, 2,000 people agree. [01:02:19] S0: What... Adam Singer says wired headphones are superior, actually. No need to charge them. Easier to keep track of. [01:02:24] S1: Mhmm. [01:02:25] S0: And if they're quarter inch over year, they're higher quality. Yeah. The big thing is you can buy a ton of the Apple corded ones for the same price as AirPods. Oh, that's a You just put them everywhere around your life. You can lose them. [01:02:41] S1: Yeah. You know, it's... Mentally, people probably think like I gotta I gotta think of just one... I gotta I gotta just buy one pair. But if they just think about it like, well, I'm choosing between $200 for AirPods Pro or something or, you know, 20 pairs of wired headphones. You also... Are are the Apple wired headphones the best wired headphones? [01:03:02] S0: Probably not. Okay. But old reliable.
01:03:02 · Jordi Hays, John Coogan
[01:03:02] S0: Probably not. Okay. But old reliable. [01:03:05] S1: Because the benefit of... I I would I would probably stay away from other Bluetooth headphones that aren't on the Apple ecosystem because the integration is so strong. But if you're just plugging it in, it doesn't really matter if it's from another brand. So you could go all over the place. Maybe some nice mahogany headphones. [01:03:25] S0: One more thing to cover before our first guest. Marissa Mayer was talking with the New York Times and they have an excerpt here. Late last year Marissa Mayer was struggling with what felt like an impossible task. Her daughter, Marielle, was turning 10, and Marielle's teacher wanted three bullet points summarizing what made her special. Marielle, the former chief executive of Yahoo and a pioneer at Google, where she was the first female engineer, likes cracking a hard problem. But she felt overwhelmed by the range and complexity of potential answers, so Mayer asked her personal AI assistant, Dazzle. Within a few seconds, Dazzle delivered an answer. It came back and was like, your daughter is empathetic, creative and an animal lover, Mayer said. She thought it was perfect. So the AI leader pick a story, a personal story that actually resonates challenged, is proving to be one of the
01:03:25 · Jordi Hays, John Coogan
[01:03:25] S0: One more thing to cover before our first guest. Marissa Mayer was talking with the New York Times and they have an excerpt here. Late last year Marissa Mayer was struggling with what felt like an impossible task. Her daughter, Marielle, was turning 10, and Marielle's teacher wanted three bullet points summarizing what made her special. Marielle, the former chief executive of Yahoo and a pioneer at Google, where she was the first female engineer, likes cracking a hard problem. But she felt overwhelmed by the range and complexity of potential answers, so Mayer asked her personal AI assistant, Dazzle. Within a few seconds, Dazzle delivered an answer. It came back and was like, your daughter is empathetic, creative and an animal lover, Mayer said. She thought it was perfect. So the AI leader pick a story, a personal story that actually resonates challenged, is proving to be one of the [01:04:20] S1: Yeah. Understand. The New York Times does this thing where they will just let someone talk and you can tell that the writer of that story like thought that that was a weird... Believe that the writer of that story thought that that was a weird anecdote, so put it in the lead and then now it's going viral. As soon as I read that I was like, oh, this is like a choice by the... [01:04:41] S0: Struggling with what felt like an impossible task. Yes. You know, setting it up as like, you know, you're expecting...
01:04:41 · Jordi Hays, John Coogan
[01:04:41] S0: Struggling with what felt like an impossible task. Yes. You know, setting it up as like, you know, you're expecting... [01:04:48] S1: But it does... I mean, it is a real thing where like she's in a very like, you know, CEO mode dealing with these other things and then like sometimes you're like, I don't know what the parents at school... What like... Sometimes like it's hard to describe a kid in the... At the tier of complexity as everyone else. Right? [01:05:08] S0: Braves to steel man this one. [01:05:10] S1: Okay. The other thing that I'll steel man is is the fact that I I I think the idea of an AI agent that hangs out in your camera roll and finds opportunities to do things is sort of interesting. Like, the AI, the the camera roll is an interesting source of information and like memory, basically. And especially if you're in the habit of like screenshotting a lot of things. Like, imagine just anything that you do on your phone, like, of being like, okay, I have this link. I want to send this into my AI app of choice. Save it there and then have it take action on this. It's more just like, oh, I'll just take a script David [01:05:47] S0: says you can't steal this... Steal man. [01:05:48] S1: That's John. I can steal man anything. Anyway, let's Let's bring in our seminar... Joey. Describe yourself in three words without using AI challenge. It was impossible from Marissa Mayer. But how are you guys How [01:06:04] S0: would you describe Doug in in three bullet points? Without using AI. You can't use AI.