Bezos Wants No Income Tax, Meta Cuts 8K Jobs, IPO Boom | GCP 1006
Group Chat
Group Chat News is back with the hottest news of the week including: - Meta cuts 8,000 jobs as Zuck pivots the company hard toward AI - Andrej Karpathy joins Anthropic and what it signals about the AI race - SpaceX IPO drops June 12 — and what Peter Thiel walking away with $80B means - Anthropic, OpenAI and the SPV chaos behind the next round of mega rounds - San Francisco's "AI depression" vs LA's quality-of-life money culture - Jeff Bezos on CNBC pushing for no income tax - America's #1 pizza chain - Las Vegas struggles for the middle class as $200 all-inclusive packages return...
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AP Swatch, Trump in China & Space X IPO | GCP 1005
Group Chat
Group Chat News is back with the hottest news of the week including: - Anand returns after 6 weeks dealing with two serious infections - The AP Swatch collab and what it means for luxury strategy - G-Wagens taking over LA - Laurel Supply, Bristol Farms, and the elevated grocery wave - How clipping democratized brainwashing - Trump's historic trip to China with America's biggest CEOs - SpaceX IPO and the SPV chaos coming - The South Bay tax revenue California lost - Berkshire switch up - Is insider trading how the wealthy actually operate - Pokemon lines wrapping around Gelson's
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Trove's Michael Katz, Spencer Pratt's Surge & GLP-1 | GCP 1004
Group Chat
Group Chat News is back with the hottest stories of the week and a special interview with Michael Katz, founder of Trove and longtime mentor to Dee, to talk about the explosion of the trading card and collectibles space. Michael breaks down how Trove is reinventing pack opening as a digital experience with real graded cards, why physical assets are having a moment, and what's behind the cultural shift that put card ripping on the red carpet. The guys go deep on the LA mayoral race and Spencer Pratt's surge, The market section tackles GLP-1 drugs as the biggest consumer shift in a...
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GameStop's Bid for eBay & The AI Revolution | GCP 1003
Group Chat
Group Chat News is back with the hottest news of the week including, modern fatherhood would be unrecognizable to a 1950's dad, Historically every single time the market hits a P/E of 23, the next 10 years returned between 2% and -2% annualized,Spencer Pratt just hit a 28% chance to win the Los Angeles Mayor race,GameStop CEO Prepares Takeover Bid For eBay, Monthly Trading Card Volume by Year, and much more
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Spencer Pratt's Mayor Run, $127B Refund Tomorrow, UK Sinks | GCP 1002
Group Chat
Group Chat News is back and we got the hottest news of the week including Spencer Pratt is now polling second for LA mayor behind a socialist and we break down why a reality star might actually be the right pick for the city right now. Nick Shirley kicked off a whistleblower wave and we think fraud detection is about to be the next big YC batch. LAUSD is spending $45K per student while California school enrollment drops over 15 percent. The UK as a 51st state would land below Mississippi on wages. China's GDP went from 78 percent of the US to 64 percent and we get into how the one child...
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The Masters, Meme Stocks & the $545M Gamble | GCP Ep. 1001
Group Chat
Group Chat News is back 1001 and still going. This week: the Masters broke every record with Rory's comeback. Online gambling is out of control. LIV Golf winding down as Saudi money dries up. Uber's AI budget produced nothing and big companies are rethinking the spend. S&P at all-time highs while Buffett sits on $300B cash. Allbirds became a meme stock. Zuck moved his desk. SpaceX SPV drama. Corporate lawyers getting quarterback money. American luxury thriving, Gucci bleeding, global luxury demand disappearing. Boomers have $90T and every spring break reservation. TMZ set up shop...
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Group Chat News Episode 1000
Group Chat
Group Chat News is back with episode 1000! One thousand episodes. Nearly nine years. And somehow we're still here. Dee, Anand, and Drama celebrate the milestone by looking back at how it all started, the eras the podcast has gone through. Thank you to all the Kathys who have listened over the years Heres to a 1000 more
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Nike Is Cooked, OpenAI Buys a Podcast, and Kanye's Back | GCP Ep 999
Group Chat
This week on Group Chat, Zach White returns and the crew goes deep on Nike's earnings disaster and why the brand has become culturally irrelevant. From losing China to getting outpaced by Salomon and Arc'teryx, the guys break down what went wrong and whether the Swoosh can recover. OpenAI just acquired TBPN, a tech podcast, for a reported $200M+ after only 18 months. The crew breaks down why 70K viewers of the right people is worth more than millions of the wrong ones, and what it means for the future of media acquisitions. Kanye sold out two nights at SoFi for the first time in LA since...
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TikTok TV Shows, 36 Year Old Gamers & Tiger | GCP Ep 998
Group Chat
This week on Group Chat NEWS, a Wall Street Journal deep dive reveals 400,000 Americans are now worth over $30 million and the number is climbing fast. The guys break down what that means for the economy, why a real recession might be impossible, and how the $90 trillion boomer inheritance is about to reshape everything. TikTok is launching its own TV shows, and the crew can't help but point out that Jeffrey Katzenberg and Quibi had this exact idea seven years too early. Short form premium content is now the norm, and China's numbers prove it. Tiger Woods flipped his car again in Jupiter,...
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OpenAI Kills Sora, Goggins Re-Enlists & Meek Mill Is Pushing AI | GCP Ep. 997
Group Chat
Dee and Anand are back with a midweek episode packed with big stories. OpenAI just shut down Sora — their viral AI video editing app — and Disney pulled their billion dollar investment. Is OpenAI spreading itself too thin while Anthropic quietly wins the AI race? The guys break down why the cost structure of AI doesn't make sense yet and what needs to happen for it all to click. David Goggins just re-enlisted in the Marines at 51 years old. The Army raised its enlistment age to 42 and the internet is losing its mind. Is this patriotism, content, or both? And what does it mean for...
info_outlineGroup Chat News is back with the biggest stories of the week including a new man is running for LA mayor, Trump wants to ban institutional investors from buying single-family homes, CA wealth tax update and what it could mean for Larry and Sergey's shares at Google, a new study shows social skills can make you the most money, Elon has an idea for future health care, and the first ever Golden Globes podcast awards plus much more!