Break up Google, Starbucks CEO out, Kamala’s price controls, Boeing disaster, Kursk offensive
Episode Description
(0:00) Bestie intros: Jason gets a dish named after him! (5:27) DOJ considers breaking up Google after last week's antitrust ruling (28:10) Starbucks replaces CEO with Chipotle chief (45:37) Work culture, WFH's damage to informal mentorship (59:20) Election update: Harris flips the polls despite unclear policy; reports of price control focus (1:21:27) Boeing's Starliner disaster strands two astronauts in space (1:33:54) Russia/Ukraine update: Ukraine wins land in Kursk, Nordstream report
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Referenced in the show: https://x.com/harry_schuh/status/1822030518038491400 https://www.bloomberg.com/news/articles/2024-08-13/doj-considers-seeking-google-goog-breakup-after-major-antitrust-win https://www.wsj.com/business/starbucks-replaces-ceo-as-activist-investors-push-for-changes-43c33bff https://s203.q4cdn.com/326826266/files/doc_financials/2024/q3/Q3-FY24-Earnings-at-a-Glance.pdf https://fortune.com/2024/08/13/starbucks-shares-jump-20-after-company-poaches-chipotle-ceo-brian-niccol-chipotle-falls-9 https://www.cafexapp.com https://www.google.com/finance/quote/CMG:NYSE https://www.wsj.com/articles/low-wage-workers-climb-the-earnings-ladder-20acd8af https://www.youtube.com/watch?v=mzLCpmRad5o https://finance.yahoo.com/news/nearly-half-dell-full-time-215348261.html https://x.com/Jason/status/1823826884112867609 https://www.natesilver.net/p/nate-silver-2024-president-election-polls-model https://x.com/JStein_WaPo/status/1823913395986305342 https://www.npr.org/2024/08/08/nx-s1-5068668/vance-walz-stolen-valor-military-record https://abcnews.go.com/Politics/walzs-military-record-vances-accusations-stolen-valor/story?id=112618991 https://www.washingtonpost.com/business/2024/08/15/kamala-harris-economic-policy-2024 https://www.bloomberg.com/news/articles/2024-08-15/harris-will-propose-price-gouging-ban-on-food-and-groceries https://en.wikipedia.org/wiki/Whip_Inflation_Now https://www.google.com/finance/quote/WMT:NYSE https://www.wsj.com/politics/elections/kamala-harriss-economic-team-and-agenda-start-to-take-shape-7682e539 https://time.com/7009317/reintroduction-of-kamala-harris https://x.com/TIME/status/1822951410956218385 https://www.axios.com/2024/08/11/kamala-harris-trump-taxes-tips-service-workers https://www.bloomberg.com/news/articles/2024-08-15/harris-will-propose-price-gouging-ban-on-food-and-groceries https://www.socialcapital.com/ideas/2019-annual-letter https://www.google.com/finance/quote/BA:NYSE https://www.washingtonpost.com/opinions/2024/08/15/kamala-harris-price-gouging-groceries https://www.azquotes.com/quote/1413855 https://www.washingtonpost.com/business/2024/07/26/boeing-starliner-astronauts-stuck-orbit-space-station https://spacenews.com/41891nasa-selects-boeing-and-spacex-for-commercial-crew-contracts https://newatlas.com/space/first-manned-crew-dragon-flight-date https://qph.cf2.quoracdn.net/main-qimg-26d9f1dddb4d24469b593b28f40d277b-lq https://spaceflightnow.com/2016/08/02/boeing-nears-fix-for-cst-100-starliner-design-hitch https://spacenews.com/crewed-starliner-test-flight-could-slip-to-2019 https://spaceflightnow.com/2020/02/28/boeing-says-thorough-testing-would-have-caught-starliner-software-problems https://spaceflightnow.com/2021/08/19/boeings-starliner-spacecraft-returns-to-processing-facility-for-valve-work https://www.boeing.com/space/starliner/launch/archive.html https://boeing.mediaroom.com/2024-06-05-Boeing-Starliner-Spacecraft-Completes-Successful-Launch https://boeing.mediaroom.com/2024-06-05-Boeing-Starliner-Spacecraft-Completes-Successful-Launch https://www.washingtonpost.com/world/2022/09/27/nord-stream-gas-pipelines-damage-russia https://www.wsj.com/world/europe/nord-stream-pipeline-explosion-real-story-da24839c https://www.washingtonpost.com/national-security/2023/04/03/nord-stream-bombing-yacht-andromeda https://seymourhersh.substack.com/p/how-america-took-out-the-nord-stream https://www.youtube.com/watch?v=OS4O8rGRLf8 https://www.youtube.com/watch?v=ild-PsPD_Uw
Brief Summary
The episode discusses Google's potential breakup, Starbucks CEO resignation, and Boeing's Starliner issues, along with political implications of price gouging proposals.
Key points
- J Cal's Big News. J Cal's onion rings are now on the menu at Bucks!
- Chamath's Predictions. Chamath discusses the potential outcomes of the DOJ's actions.
- Starbucks CEO Steps Down. Starbucks CEO Laxman Narasimhan resigns after 16 months amid declining revenue and inflation issues.
- Chipotle's New Leadership. Chipotle's shares jumped 25% after announcing Brian Niccol as the new CEO.
- Starbucks' Customization Strategy. Starbucks realized early on that customizing consumer experiences leads to repeat business.
- The Shift in Work Culture. A discussion on how American work culture is prioritizing comfort over performance.
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Episode highlights
- J Cal's Big NewsJ Cal's onion rings are now on the menu at Bucks!“I have hit the big leagues, folks!”3:46Aug 16, 2024
- Chamath's PredictionsChamath discusses the potential outcomes of the DOJ's actions.“The most meaningful thing that's happened in technology.”13:34Aug 16, 2024
- Starbucks CEO Steps DownStarbucks CEO Laxman Narasimhan resigns after 16 months amid declining revenue and inflation issues.“Starbucks shares were down 20% year to date.”28:21Aug 16, 2024
- Chipotle's New LeadershipChipotle's shares jumped 25% after announcing Brian Niccol as the new CEO.“Investors love this move.”29:38Aug 16, 2024
- Starbucks' Customization StrategyStarbucks realized early on that customizing consumer experiences leads to repeat business.“When you see your name written on that cup, you feel like you're getting your product.”39:10Aug 16, 2024
- The Shift in Work CultureA discussion on how American work culture is prioritizing comfort over performance.“The performance culture is losing to the comfort culture.”47:24Aug 16, 2024
- The Power of MentorshipSurrounding yourself with capable people can accelerate your career growth.“They've robbed themselves of the most powerful accelerant possible.”57:38Aug 16, 2024
- The Flaws of Price ControlsPrice controls have historically failed and could lead to shortages.“This is a mistake, it is a problem, it is anti-American.”1:07:21Aug 16, 2024





