How Amazon Could Be a Conglomerate

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Being a conglomerate gives you a lot of ways to not explain what you're doing and to do anti-competitive things. Amazon can for some period of time get people addicted to basics or they could show and rank slightly better people who give a larger percentage of their sales to Amazon. And so they can obscure all kinds of things. They could lose money on a product, which is, you know, product dumping, dumping of products. You could have a company like Google give the pixel, the Google Pixel's fantastic phone I've owned, a couple of them. The same joke is made about Apple because the AirPods business is like tens of billions of dollars on its own. So it

Producer Rachel joins Jason to break down the latest tech news. They cover AOC's arguments against banning TikTok (2:29), Alibaba's six-way split (18:43), Disney's metaverse cuts (28:17), Substack's equity crowdfunding (39:16), Lyft's precarious position, and more! (55:09) Then, Jason breaks down the case for shorting Coinbase. (1:12:14)

(0:00) Jason kicks off the show

(2:29) Reacting to AOC's arguments to not ban TikTok

(13:39) LMNT - Get a free sample pack with any purchase at http://drinklmnt.com/TWIST

(15:09) The CCP’s interest in TikTok

(18:43) Alibaba's six-way split

(26:49) Mercury - Banking built for startups. See more at https://mercury.com/twist

(28:17) Disney sunsetting its Metaverse division

(38:09) Crowdbotics - Get a free scoping session for your next big app idea at http://crowdbotics.com/twist

(39:16) Substack's equity crowdfunding

(55:09) Lyft's precarious position

(1:04:18) Twitter shutters legacy verification badges

(1:12:14) Laying out the Coinbase short argument