TLDR

Listener, This Is a Wendy’s

Mar 5, 2024

Wendy's dynamic pricing debacle, Stripe's rise to $65 billion, Canada's Trans Mountain pipeline woes, remote work debates, and repurposing office buildings for housing amid housing affordability issues

22:39

Creator website

Episode guests

Sarah Rieger

Kyla Scanlon

Devin Friedman

AI Summary

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Wendy's

dynamic pricing

caused backlash leading to memes and confusion, reflecting the importance of clear communication in business strategies.

Stripe's success at $65 billion

indicates the value of user experience, product design, and market identification in building a digital business empire.

Deep dives

Wendy's Misunderstood Dynamic Pricing

Wendy's announced plans to introduce dynamic pricing leading to widespread confusion that it was surge pricing like Uber. The AI menu board aimed to adjust prices based on store traffic, not demand like Uber. Memes circulated about Wendy's surge pricing despite the clarification, branding it a PR disaster rather than a pricing issue.

Introduction

2min

The Power of Memes and Misunderstanding

3min

Burgers, Stripe, and Success

6min

Challenges and Controversies of the Trans Mountain Pipeline Expansion

4min

Remote Work Debate

5min

Navigating Work Challenges Amid Housing Affordability Issues

3min

This week on TLDR: The restaurant chain Wendy’s announced a plan to introduce "dynamic pricing" but quickly punted on the idea after the internet had Some Thoughts. We also find out how Stripe -- the privately held e-payments processor -- turned a niche product into a US$65 billion business. Plus, Canada’s favourite pipeline, and why many companies want to end work-from-home for good.

This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and former hedge funder Matthew Karasz. Follow us on other platforms, or subscribe to our weekly newsletter: linkin.bio/tldr

The TLDR Podcast is offered by Wealthsimple Media Inc. and is for informational purposes only. The content in the TLDR Podcast is not investment advice, a recommendation to buy or sell assets or securities, and does not represent the views of Wealthsimple Financial Corp or any of its other subsidiaries or affiliates. Wealthsimple Media Inc. does not endorse any third-party views referenced in this content. More information at wealthsimple.com/tldr.

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