The Best One Yet

📹 “The Next TikTok” — Whatnot’s $5B shop app. Nvidia’s uranium problem. Sonos’ CEO oopsie.

16 snips
Jan 14, 2025
As TikTok faces a potential ban, Whatnot emerges as a powerful replacement, merging e-commerce and social media. The resignation of Sonos' CEO highlights the importance of app quality in retaining customer trust. Meanwhile, Nvidia grapples with new export restrictions, likening chips to a modern uranium crisis in the AI race. Plus, discover the surprising origin of America’s favorite candy, Reese’s Peanut Butter Cups, tracing back to a frog salesman’s legacy!
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ANECDOTE

Whatnot: The Next TikTok?

  • TikTok faces a potential ban, but Whatnot is emerging as a replacement.
  • Whatnot blends Instagram, eBay, and MTV into a live shopping experience.
INSIGHT

Whatnot's Psychonomics

  • Whatnot masters "psychonomics" by using psychology to drive sales.
  • Features like live comments, countdown clocks, and sudden death auctions create urgency and encourage purchases.
ANECDOTE

NVIDIA's Chip Fury

  • NVIDIA issued a strongly worded press release criticizing new export restrictions on its AI chips.
  • The restrictions limit sales to certain countries, treating AI chips like nuclear weapons.
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