Transcript
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This is Scott Becker with the Becker Business and the Becker Private Equity Podcast. We're thrilled today to visit with you about business advice, investing stocks, technology startups and a lot more. Today's discussion is a very short business podcast on a stock that we follow. And I follow it in part because I have a close colleague who usually gets a kick out of when we cover it, which is very, very childish, I know that. But today's discuss is Grindr goes soft. So. So here's the deal with Grindr. Grindr is one of these stocks that has done great in sort of the match type category over the years, in the hookup type category of stocks and companies that work on sort of finding ways for people to hook up through digital means, not through the old fashioned way of people introducing people to each other. And Grindr specializes there. Grindr itself has gone down, has gone flat, has gone flaccid, is down 19% year to D. The concept of this, and one of my favorite quotes from one of my friends is this concept that is similar to fuck around and find out FAFO or the concept. The quote the dildo of consequences rarely arrives looped. And this goes to the concept and it's been widely used on Tumblr and Reddit, is often discussed in the concept being that you might do something bad and you're going to get smacked for it at some point. And. And like the dildo of consequences, it's going to hurt, it's going to come unlooped. And so I think about this when I think about the investment in reindeer and being not down 19% year to date, that if you invested in this and expected it to go up, you've been hit with this other quote, this quote, this concept that the dildo of consequences often arrives unlooped. Again, excuse me for all the double entendre. It's Saturday. Hopefully we get a kick out of this from some people. Hopefully not too many people unsubscribe from. But again, grinder down 19% year to date. Good news on that front. Hims and hers is continuous to knock out of the park. Last time I looked up 134% year to date. Thank you for listening to the Becker Business podcast, the Becker Private Equity podcast again. We hope you enjoy this. The podcast is doing great. We hope we don't offend you. If you are the first person to complain about the horrible content in this particular episode and you text Scott Becker at 773-766-5322, we will send you a $100Amazon gift certificate again with a separate podcast. I know Amazon is very flat this year. It's up about 1% and getting valued more like a retail behemoth than a digital and technology stock. So 100 hours to the first person who text, Scott Becker, 773-766-5322. You could tell me if you hate this episode. You love this episode. Either way, we will send you 100 hours. Thank you for listening to the Becker Business Podcast, the Becker Private Equity Podcast. Thank you very much.