00:51:17 · John Coogan, Jordi Hays, S2
[00:51:17] S1: The FTC is very unpredictable on these things. Anyway, let [00:51:20] S0: me try... And the largest Apple acquisition in history was Beats. Right? [00:51:24] S1: That's right. Yeah. I mean, just... It's not in their DNA. And so, [00:51:27] S0: yeah, it's not in their DNA. Be a crazy... [00:51:30] S1: Ternus might just be like, I'm [00:51:31] S0: wild man. But Ternus [00:51:31] S1: I'm a wild man. [00:51:33] S0: He could be. Let's ask... We'll ask the Gurmanator. [00:51:36] S1: Yeah, we will. [00:51:37] S0: But, yeah, I I think, like, the the the challenge with with perplexity and instinct is, like, once you get in the 10 plus billion dollar range, it becomes like... You... It takes like a founder led company to make a deal like that. Right? We've seen this with Zach. Yep. We've seen this with, Elon. Right? With Cursor. Yep. I agree. And and so, like, doing these, like, talent acquisitions at north of 10,000,000,000 Yep. You have to have exceptional levels of control and conviction [00:52:06] S1: No. That's [00:52:07] S0: great. And be able to be very bold. Yep. And I just don't see that Jassy or Ternus doing anything like that. [00:52:12] S1: No. I completely agree. Because the shareholders will be like, wait, even if you're paying in stock, you're deluding me and I don't like that. Whereas Elon will be like, I don't care. [00:52:19] S2: Zach will [00:52:19] S0: be like, I don't care. No. It it was an amazing play.
00:52:19 · Jordi Hays, John Coogan
[00:52:19] S0: be like, I don't care. No. It it was an amazing play. [00:52:23] S1: And, critically, like, Grok did not have an enterprise motion. They did not have developer adoption. Cursor gave them that. Grok has Grok bot. Meta has Muse. Like, they don't need Instinct. So, yeah, where where it goes. But then again, you know, maybe the market's so big that they just become a really big player in personal AI agents and they figure out how to make 5% on every transaction through whatever. They do some ads. They do some credit card stuff that we've discussed. They do some, you know, they they they prove Eric Seufert wrong. Agent Commerce does not turn out to be a mirage and then they start printing it. Yeah. But who knows? Or maybe [00:53:02] S0: people pay for But it's very possible that the... Yeah, the aqua hire horse has left the barn. [00:53:10] S1: Potentially. Potentially. Speaking of horses, should we get to monkeys? [00:53:15] S0: Think it's not. [00:53:16] S1: Well, we're gonna bring in Mark Gurman in just a second, but one more fact. So Joe Lonsdale, who was recently pictured, we said it was a private jet that he was calling into CNBC on. We got a correction. We have to issue a correction. It was actually a private jet or it was a private bus. He was on a bus with a private jet Zoom background. I think that's what was going on. Right? Because it looked like a private jet behind him, but... [00:53:41] S0: You're you're you're accusing him of LARPing?
00:53:41 · Jordi Hays, John Coogan
[00:53:41] S0: You're you're you're accusing him of LARPing? [00:53:44] S1: I don't know. All I'm saying is that we call it a private jet background, and we were corrected by the media. And so we need to do an issue. [00:53:51] S0: Who did the issue correct? I stand by. [00:53:53] S1: You're you're standing by... My original stance. I'm going... It was a private bus with a private jet background. Yeah. Zoom background. That's what's going on. Anyway, he's he's he's breeding monkeys. He's breeding 30,000 monkeys. He's getting in the monkey Do [00:54:06] S0: you think this this came from, like, Suttrini talking about the monkey bottleneck? And he was like, that's good idea. I'm... [00:54:11] S1: No. I don't think it was downstream of that. I think it happened simultaneously. I think I think at one point, it was like it was like there's a company out there raising. There's rumors about that. Eight VC starts funding it. It gets out a little bit more. Couple people see the deal. And then, you know, the semi analysis folks are talking about, the Sattrini folks are talking about, then Sattrini, like, writes the piece about it. I I I I don't think it was, like, open up your phone, read Satrini, and then, like, go find... Go incubate a company or something. This feels like it's been in the works for longer. I don't know. [00:54:40] S0: I... You have to appreciate how this... The title of this article is probably for billions of people the most enraging headline there could ever be. Why this volunteer billionaire is backing up...
00:54:40 · Jordi Hays, John Coogan, Mark Gurman
[00:54:40] S0: I... You have to appreciate how this... The title of this article is probably for billions of people the most enraging headline there could ever be. Why this volunteer billionaire is backing up... [00:54:58] S1: 30,000 monkeys, just to start. Anyway... [00:55:01] S0: What are they gonna do with the monkeys? [00:55:03] S1: They're gonna test drugs on them, Jordi. That's what they're gonna do. It's gonna be animal testing. That's gonna happen. Anyway, let me... [00:55:09] S0: Why this volunteer billionaire wants to get [00:55:11] S1: there?... The canvas. Your AI agents can now create and modify your Figma files with design system content. And we are overjoyed to be joined by Mark Gurman from Bloomberg here here with us live in the TBP at Ultradome. Welcome back. [00:55:23] S0: Thank so much for coming on, Bob. Dude. Great to see you. [00:55:26] S1: Grab that controller. I'll grab mine. Have you been playing the new Call of Duty? Are you gaming? [00:55:30] S7: No. I I game when I have a chance. [00:55:33] S1: Okay. When I have time. There's a lot of work to be done with all the Apple moves.... [00:55:36] S7: To be done. They've got MacBook Pro this morning. Yes. MacBook Pro yesterday morning. IPad mini Monday morning. Yes. [00:55:44] S1: What's coming tomorrow? What's coming tomorrow? I don't know. We're cool. [00:55:49] S7: I don't know. Maybe more cracked iPhone Duos. Who knows? [00:55:51] S1: Well, how how bad is this? I I saw, like, five iPhone Duos today. None of them were cracked. Seems like a little bit like people are trying to crack them.
00:55:51 · John Coogan, Zach Rash, Jordi Hays, Mark Gurman
[00:55:51] S1: Well, how how bad is this? I I saw, like, five iPhone Duos today. None of them were cracked. Seems like a little bit like people are trying to crack them. [00:55:59] S8: Okay. Let's take a step... [00:56:00] S0: How do you rate the durability test? [00:56:03] S7: Let's take a step back. [00:56:04] S0: It's like I did everything I I did everything I possibly could to destroy this item. Let's take [00:56:09] S7: a step back. No. You guys sound like you're owned by Apple right now. Okay? [00:56:15] S1: Not. Am not. Not. [00:56:16] S0: I not open AI. Am I I not not I I AI. Anyways. I like... I I just wanna be really clear. John John is a steel man. He can steel man everything. [00:56:35] S1: I like the Apple Vision Pro. Okay? [00:56:37] S7: That's insane. Okay. [00:56:40] S0: Let's... I'm a big... I'm a big... I'm I'm big... Alright.
00:56:40 · Jordi Hays, Mark Gurman, John Coogan
[00:56:40] S0: Let's... I'm a big... I'm a big... I'm I'm big... Alright. [00:56:44] S7: It's my turn. There are people who have done iPhone Duo teardowns. Yep. People have purposely broken their iPhone Duos Yep. Pouring a bag of sand on it Sure. Taking to the beach, dipping it in Diet Coke, whatever. Mhmm. Right? Then there are people who've used their iPhone Duo as normal. And they have run into this issue where the display cracks. The way it works, they're using the phone, and they're opening it, it feels a little tight. And then they keep going, and then boom, there's a big crack. And the cause of this is a manufacturing defect related to one of the components in the hinge where there's this one bar in the hinge that gets stuck under the display and then just punctures the screen and creates that crack. [00:57:22] S1: Okay. [00:57:22] S7: Now Apple has come out and said a small number of people have had this issue. [00:57:27] S1: Mhmm. [00:57:27] S7: But for Apple, you know, a small number, that could be tens of thousands of units. We don't know exactly how many units it is. Okay. But there are people facing this issue. This first started cropping up on Twitter [00:57:36] S1: Mhmm.