TBPN
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Technology's daily show. Hosted by @johncoogan & @jordihays. Streaming live 11a-2p PT every weekday. Sign up for TBPN's daily newsletter at https://t.co/Nhf5ohjInO.
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.Eric Ries explains why former Costco CEO Jim Sinegal refused to raise the price of everything in the store by $.03, despite the fact that Costco knew it wouldn't decrease sales, and would increase their net income by 50%: "He says, 'It's like the business equivalent of taking heroin. You do it once, and then you got to do it again, and again, and again. Next thing you know, you're not the low-price leader.'" "You can get away with screwing people over. You always do it, no matter what. You raise margins. Margins are a source of strength." "But Costco is built on a very different philosophy, which is that margins can be a source of weakness. Jeff Bezos understood it. He used to always say, 'Your margin is my opportunity.'" "When you're making too much money, when you are being too extractive, you're actually harming your competitive position in the long run."
TBPN739,481 views • 9 days ago
Hedge funds are trying and failing to hire prediction market sharps. "We are just getting crushed by these sharps," said Susquehanna's Jeff Yass. Adam Iscoe tells the story of a guy who's made 7 figures trading Rotten Tomatoes betting markets, and rejected an offer from SIG: "He said, 'Not only am I just making a killing, but I can do things that a big institutional fund can't do.'" "He's a Rotten Tomatoes trader. He trades how a film's going to do on Rotten Tomatoes. He's made 7 figures, easily. He's building models, scraping websites, and he's doing things that SIG, through their corporate policies, maybe wouldn't allow." "And he asked in the interview, 'Could I do this technique?' And they said, 'Yeah, probably not.'" "And this guy, he self-describes as a 'dips**t from the Midwest.' He's like, 'I didn't go to an Ivy League school, and I'm able to outcompete Wall Street with a $600 Lenovo laptop.'"
TBPN186,832 views • 3 days ago
Reserve F1 driver and founder of Meuze AI @jackdoohan33's workflow is absolutely brutal. After spending the day at the track gathering data, he flies back to the team's factory and works in the simulator from roughly 6 PM-3 AM, testing setup changes and ideas that engineers couldn't explore at the circuit because of F1's overnight work restrictions. He then goes straight back to the airport, flies back to the race, and briefs the engineers and race drivers on what he learned. Because the simulator is based in the UK and the races take place around the world, he's constantly battling jet lag and sleep deprivation, while still providing feedback accurate enough to influence the setup of his team's car.
TBPN81,396 views • 2 days ago
Jordi blackpilling on the new Ferrari EV: "It's basically proving that Ferrari will never be competitive in EVs. It's completely over." "If they had been able to come in at the low $300s with this, we would have been seeing these all over LA." "It's the most confusing release from a major automotive manufacturer that I can ever remember." "Am I crazy? This costs more than the Purosangue, 12Cilindri, and Testarossa... How do you justify the price? It makes no sense." "The gap between what you can get in range and performance from Tesla and BYD, in the $50k-$60k range — it's a 10x price difference compared to the Luce. That gap is just way too wide."
TBPN308,788 views • 9 days ago
"Lest we be overconfident in Silicon Valley, let's remember a small group of activists shut down supersonic technology, and all nuclear energy in this country. It's a disaster." Brad Gerstner explains why a data center moratorium would be "horrific" for America: "All of our GDP growth is coming from the fact that we are building data centers and driving productivity improvements in the economy." "A data center moratorium would thrust us straight into a recession and high unemployment." "Secondly, it would cede the entire global game to China. Overnight, we would lose to China in the global AI race. Which is not just about AI, it's about economic security, jobs, and national security."
TBPN178,788 views • 6 days ago
![Apple's Eddy Cue reveals the logic behind charging $0.99 a song when the company launched iTunes Store in 2003, despite the fact that Apple would lose money at that price: "There were two keys to $0.99 that we really believed in, and people didn't see." "Number one is when the price is $0.99, and it's consistent, you never have to think about price." "The second thing was that people could never do that, because at $0.99, if you're charging a credit card, you would lose money. Because credit cards have a fixed fee and a percentage that you pay." "Well, the fixed fee and the percentage you pay on a $0.99 song was like a quarter, and the vast majority of the [rest of] the money went to the labels. So every time we'd sell a song, we'd lose money. Nobody wanted to do that." "What we decided to do is, as we were building this — and it was a huge discussion, because we would lose a ton of money — we said, 'Look, this thing is amazing. You're not going to buy just one song, you're going to buy a lot of songs.'" "'And when you do that, instead of closing the transaction on every single one, why don't we just combine them over a period of time? Let's keep the transaction open for a period of time — let's call it 24 hours, or 8 hours. And everything you buy, we're just going to give you, then we're going to charge you at the end.'" "And that's exactly what happened. Very few transactions were just $0.99. Most of the transactions were multiple dollars. And the fixed fee didn't matter."](https://image.24vids.com/tw-2039434372953293245/amplify_video_thumb/2039434193009258496/img/PEMcV_Lkw-E9ijrW.jpg)
Apple's Eddy Cue reveals the logic behind charging $0.99 a song when the company launched iTunes Store in 2003, despite the fact that Apple would lose money at that price: "There were two keys to $0.99 that we really believed in, and people didn't see." "Number one is when the price is $0.99, and it's consistent, you never have to think about price." "The second thing was that people could never do that, because at $0.99, if you're charging a credit card, you would lose money. Because credit cards have a fixed fee and a percentage that you pay." "Well, the fixed fee and the percentage you pay on a $0.99 song was like a quarter, and the vast majority of the [rest of] the money went to the labels. So every time we'd sell a song, we'd lose money. Nobody wanted to do that." "What we decided to do is, as we were building this — and it was a huge discussion, because we would lose a ton of money — we said, 'Look, this thing is amazing. You're not going to buy just one song, you're going to buy a lot of songs.'" "'And when you do that, instead of closing the transaction on every single one, why don't we just combine them over a period of time? Let's keep the transaction open for a period of time — let's call it 24 hours, or 8 hours. And everything you buy, we're just going to give you, then we're going to charge you at the end.'" "And that's exactly what happened. Very few transactions were just $0.99. Most of the transactions were multiple dollars. And the fixed fee didn't matter."
TBPN2,403,255 views • 2 months ago
"Every male 40 and older should probably be taking somewhere between 2.5 and 5 milligrams of tadalafil." - Andrew D. Huberman, Ph.D. Jordi: What do you think the best athletes in the world are doing this Olympics? Huberman: "People are taking vasodilators. You know, Viagra and tadalafil, which commonly goes by Cialis." "Tadalafil is a vasodilator. It lowers blood pressure, and people know of it as Cialis for erectile dysfunction. It was originally developed as a drug to improve prostate health." "The basic takeaway is that most every male 40 and older should probably be taking somewhere between 2.5 and 5 milligrams of tadalafil—not necessarily for erectile function, although it will augment that as well—but to lower blood pressure and to improve vasodilation for the brain and the prostate." "And I'm not saying this as a biohacker or a podcaster. Our head of male sexual health from Stanford, Mike Eisenberg, MD, PhD. He is best in class in terms of male sexual health endocrinology. That's his recommendation."
TBPN4,546,518 views • 3 months ago
Gusto cofounder Edward Kim says today is the most important day in Gusto's history since launch. They just shipped Gusto Cofounder, an AI agent that you talk to through texting and Slack that automates almost everything a small business does in its back office. He explains: "We start with all the problems that we're already helping our customers with — payroll, benefits, HR, scheduling — then we bring on a lot of the power of AI into it." "You tell us what your business processes are, starting with payroll, benefits, and all these things we're already doing for you. And Gusto Cofounder will basically run your business process for you." "You communicate with it through SMS and Slack. You don't really even interface with it through a website." "And we connect to all the systems that you're using outside of Gusto as well. Notion, QuickBooks, Google Workspace... Gusto Cofounder brings it all together into one place where it automates your business processes."
TBPN55,086 views • 2 days ago
"If you're an investor, why are you not focused on investing in things that have America's interests at heart?" kuz discusses why he’s a major proponent of American Dynamism: "You think about space and defense and where we're at in the world, and our counterparts are focused on space, getting to the moon, and satellites. Whoever rules space is probably going to rule the world." "There's a lot of things that can really go wrong if we're not focused on preserving America."
TBPN130,410 views • 6 days ago
"I do not think a chatbot is the right interface for travel or e-commerce." - Brian Chesky "I think the future is not apps. The future is agents, but I don't think they're going to be text-forward. I think they're going to be really rich user interfaces." "Imagine using iMessage to do everything, when in fact every other app has a unique interface." "With e-commerce, you want a very rich user interface. It would be agentic. You can have a conversation with it, but the point is that it has to be more visual."
TBPN644,587 views • 27 days ago
.kuz credits his mentor Kobe Bryant with helping him get his start in investing. "Kobe Bryant was a really good mentor for me. He had a fund right before he passed away, and he told me to get into it. I think that was my very first access to the VC and tech space." "We can only play basketball for a certain amount of time, and you got to make it count. But afterwards, you got like 40-50 years to still live. So what else are you going to do? Because that money doesn't last forever."
TBPN102,542 views • 6 days ago
"I think what tech people misunderstand is just the size of the TAM in pharma." delian says capital will rotate into pharma after AGI: "Anthropic is at what, a $60B run rate? Keytruda, the drug that Merck did in 2019, that one drug's topline is $25B in revenue. Just that one drug." "By the way, once there's AGI, what do you think everybody's going to be focused on afterwards? Everybody's just going to want to live forever. Where do you think the capital is going to rotate into? It's going to rotate into longevity, therapeutics, and manufacturing."
TBPN392,209 views • 22 days ago
When we sat down with Alexandr Wang at Meta Connect 2025, he shared his advice for young people: “If you’re 13 right now, you should spend all your time vibe coding. This is the Bill Gates, Mark Zuckerberg moment. The people who grow up with these tools will have an immense advantage in the future economy.” From his appearance on the show in September.
TBPN4,398,509 views • 6 months ago
![Netflix rejected a $12M offer from Bezos in 1999. Blockbuster "laughed [Netflix] out of the room" when Netflix offered to sell to them for $50M. Today they announced their acquisition of Warner Bros, and have a market cap of $426B.](https://image.24vids.com/tw-1997084575651319981/amplify_video_thumb/1997083228730253312/img/ms5dufWsUBXGRhhV.jpg)
After several years of declining search traffic, Condé Nast CEO Roger Lynch has directed all the company's brands to operate as if search traffic to their properties will be zero. He says the era of turning search and social media traffic into profitable businesses is gone. And that if you run a media business that doesn't have an authoritative brand, a very strong niche, or a direct audience, you're going to be fighting hostile algo changes all the way down. He describes a recent board meeting: "We took a snapshot of search results from seven or eight years ago. And what you saw were a few sponsored links, then the ten blue links." "Do the same search today, you get an AI overview, then you get rows and rows and rows of commerce links, then you get sponsored stuff." "Each of the last three years, we would do our budgets, and we'd put forecasts in of search traffic declining. Because we'd seen the pattern of algorithm changes. And generally those algorithm changes were negative." "Every year, our search traffic was down more than we had forecast. So last year I told our teams, 'Assume there's no search.' You have to have your businesses planned as if search is zero. We don't expect it to be zero, we expect it to be a single-digit percentage of our traffic."
TBPN326,626 views • 23 days ago
$GME CEO Ryan Cohen unpacks "half cash, half stock": "We have the cash accounted for today, in terms of a highly confident letter from our bank for the $20 billion. Plus we've got $9 billion of cash." "What we're proposing is for existing shareholders to take half of their investment off the table. That would be us providing them with $28 billion, which is a 40% premium from when we started buying the stock." "And then they would be getting roughly — it ultimately depends on when the transaction closes — but they would be rolling the rest into the combined company of GameStop and eBay."
TBPN428,464 views • 1 month ago
.Mark Cuban says humanoid robots won't last more than 5-10 years. Instead, we'll "design the house to fit the robot, and design the robot to fit the house." "You could create a house where the pantry, the refrigerator, and the washing machines were hidden behind the garage, if you even have a garage. That way you could redesign the house so that all the living space was for people." From his appearance on the show in March.
TBPN266,850 views • 19 days ago
“This is going to be a trillion-dollar drug.” Andrew D. Huberman, Ph.D. says retatrutide is the peptide that’s about to “change everything.” Currently in a Phase III clinical trial in humans, retatrutide caused up to one-third body weight loss in just six months, with some degree of muscle sparing. “The bodybuilding community has been onto this for a long time.” “Then it shows up in Hollywood. Everyone lies or avoids answering the question of how they got so jacked. They talk about eating chicken breasts, and they’re actually taking growth hormone, Winstrol, and retatrutide.” “We are looking at a potential change in the laws around peptides such that buying peptides would become illegal. I think this is a terrible idea, but the motivation behind this is largely because Eli Lilly owns the patent.” “Lilly would like to protect the domain over that patent. This is going to be a trillion-dollar drug.”
TBPN1,753,009 views • 3 months ago