The Best One Yet 🍪 “The Toll House Cookie Effect” — SpaceX’s “genuine risk”. Grammarly’s $13B tYpo. And the winner of Black Friday is...
Dec 2, 2021
Holiday shopping gets a quirky twist with chocolate chip cookies as the top contender for Black Friday. SpaceX faces a dramatic potential bankruptcy while navigating the future of space travel. Grammarly's impressive $13 billion valuation raises eyebrows—especially after some costly typos. The hosts dive into shifting consumer trends and the rise of 'buy now, pay later' services. Plus, a witty exploration of the importance of clear communication in business and fun snack-related facts round out the lively discussion!
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BNPL Wins Black Friday
- Buy Now Pay Later (BNPL) drove holiday spending in 2021, not traditional retailers.
- Overall November spending increased, but Black Friday/Cyber Monday spending decreased.
Toll House Cookie Effect
- Holiday shopping now resembles a flat cookie rather than a dough ball.
- Spending is spread throughout November due to options like BNPL, instead of concentrated on Black Friday.
SpaceX Bankruptcy Risk
- Elon Musk warned SpaceX employees of bankruptcy risk to motivate them.
- SpaceX's bankruptcy is unlikely due to potential stock issuance, IPO, and Musk's wealth.