Not Investment Advice 216: Burrito Loans, AI Product vs. Distribution, Power Laws in Online Dating
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May 21, 2025 Dive into the quirky world of Burrito Loans, where finance meets food culture in a hilarious twist. Explore the competitive landscape of AI products and the crucial role of distribution in tech success. Discover the fascinating power laws shaping modern dating, with a humorous take on how online profiles affect romantic outcomes. The hosts also share nostalgic summer job stories, blending personal anecdotes with insights on startups and market trends.
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Jack's Aldi Warehouse Race
- Jack Butcher shared his experience working at an Aldi warehouse, racing friends to finish early despite being paid hourly.
- They used dot matrix printouts and forklifts to pick orders, turning work into a competitive game among friends.
Klarna’s Payment Network Strategy
- Klarna’s business model aims to gain consumer debt subsidized by investors to become a payment network rivaling Visa and Amex.
- Their goal isn’t profiting on lending but displacing traditional payment networks at key consumer points.
Power Laws in Consumer Apps
- Top consumer apps have remained unchanged for eight years, highlighting power laws that favor incumbents.
- Competing at scale requires economically absurd efforts like massive upfront losses to gain users.