The Best One Yet đ â3-Pointer Economicsâ â NBAâs shot problem. Zelle is beating Venmo. Jamie Dimonâs rant.
9 snips
Feb 18, 2025 Zelle is taking the lead in peer-to-peer payments, leaving Venmo in the dust. Meanwhile, the NBA faces a three-point shooting dilemma fueled by economic factors. Jamie Dimonâs fiery comments on remote work spark a debate about workplace engagement. Additionally, uncover the quirky origin story of the Patagonia fleece, highlighting its sustainable practices. Tune in for insights that blend business trends with fascinating stories!
AI Snips
Chapters
Transcript
Episode notes
Zelle's Dominance
- Zelle, a no-frills utility, surpasses Venmo and Cash App in transaction volume.
- Its success is attributed to its integration with major banks and free, instant transfers.
NBA's Three-Pointer Paradox
- Increased three-pointers in the NBA create a higher expected value but reduce viewership.
- This is a market failure: individual teams benefit, but the league as a whole suffers.
Commute for Growth
- Commuting to work in your 20s offers invaluable professional development opportunities.
- In-person work fosters social skills, networking, and learning experiences crucial for early-career growth.