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Tesla’s Robotaxis Have Arrived & Oil Prices Jump After US Strikes Iran
00:30:21
Tesla enters robotaxi game & oil markets shaken
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- [00:00]
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- [00:32]
Neal Freyman
Good morning, Brew Daily Show. I'm Neal Freyman.
- [00:35]
Toby Howell
And I'm Toby Howell.
- [00:36]
Neal Freyman
Today, markets are on edge, but not panicking. After the US Struck Iran, nuclear sites.
- [00:41]
Toby Howell
Then driverless Teslas are cruising through Austin, Texas, after the company finally launched its autonomous robo taxis. It's Monday, June 23rd. Let's ride.
- [00:56]
Neal Freyman
The business world lost one of its legends on Saturday day when Fred Smith, the founder of FedEx, died at 80. Smith had the potent entrepreneurial combo of scrappiness and vision. At age 26, the Vietnam veteran launched Federal Express on the bet that people would pay if a parcel absolutely had to get to a different location overnight. Turns out he was correct. And FedEx grew from Smith and a couple of small planes in the 70s to a global delivery behemoth with annual revenue of $90 billion and and half a million employees. Along with UPS and other rivals, FedEx has been instrumental for greasing the wheels of international e commerce. But Toby, it almost didn't happen.
- [01:37]
Toby Howell
Yeah, he also has one of the best pieces of business lore that every MBA student has heard. That story goes that FedEx was down to its last $5,000 and couldn't pay a $24,000 fuel bill. So what did Fred Smith do? He flew to Vegas, played blackjack, and walked away with 27 grand. Just enough to to keep the company alive so they could secure time to get more funding. Totally reckless, but it totally worked. So, along with pioneering this hub and spoke model, this story is very much a part of his legacy. Maybe not advisable, but a great symbol of what entrepreneurial spirit looks like. And now a word from our sponsor, Domain Money. Oh, yeah. They're back, baby. Remember, both Neil and I got paired up with a Domain Money expert over the last few months, and, boy, did we learn a thing or two about our financial lives.
- [02:23]
Neal Freyman
Yeah, it turns out my strategy of submitting everything to a tax filing software and then praying wasn't the optimal approach.
- [02:30]
Toby Howell
Hey, you don't know what you don't know, which is why the certified financial planners we worked with at Domain Money.
- [02:35]
Neal Freyman
Can help maximize deductions, optimize restricted stock units, and help you keep more of what you earned. And that's just on the tax side of things.
- [02:42]
Toby Howell
My Domain Money expert was Adriana and she had me thinking about setting up an S corp. I'm not thinking like that, but she is, which is why you should give it a try.
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Neal Freyman
My favorite part is their certified financial planners don't just give advice, but build an actionable plan for you to follow. You should see the checklist Toby and I received. It is a long so check check.
- [03:00]
Toby Howell
Out domain money.commbdaily to start building your financial plan today. That's domain money.com MB Daily Quick Disclaimer we are current clients of Domain Money Advisors llc. Through domain sponsorship of Morning Brew Daily, we receive compensation that includes a free plan and thus have an incentive to promote Domain Money Risk to the global.
- [03:20]
Neal Freyman
Economy have heightened after the United States struck three Iranian nuclear sites on Saturday, joining Israel, who had been trading attacks with Iran for over a week. In greenlighting the mission, President Trump said his objective was the destruction of Iran's nuclear enrichment capacity and a stop to the nuclear threat. He called the strikes, which involved 125 aircraft including B2 stealth bombers, a spectacular military success. But intel assessments of the damage to nuclear infrastructure are ongoing. The Pentagon said the strikes caused extremely severe damage, with the United States, the world's biggest superpower, entering the fray with what had been a Middle Eastern regional conflict could expand to threaten economic engines from oil flows to commercial shipping to aviation. But so far, so calm. Stock futures ticked higher this morning and oil prices barely budged overnight after gaining 11% since Israel first attacked Iran. If oil continues its upward trajectory, it could push inflation higher around the globe and prevent central banks from cutting interest rates. But the big question is if the ball is now in Iran's court. And it could take any number of steps to retaliate against the US And Israel, some of which could be economically devastating, but others investors might shrug off. The nuclear option, no pun intended, is for Iran to cut off the Strait of Hormuz, one of the key global choke points for oil. Iran has threatened to block Hormuz many times before and never followed through. But of course there are no guarantees. All investors can do now is monitor the situation, and it does look like.
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Toby Howell
Oil market participants generally believe that an attempt by Iran to block the all important Strait of Hormuz wouldn't necessarily be a long term thing. But some analysts do think that the market is underestimating that risk. Now, there's a couple of scenarios that could happen here. The worst case scenario is if shipping is interrupted for multiple weeks or months. But if you don't want to fully shut the straight down, an easy step for Iran would be to just harass ships that are going through the Strait of Hormuz. One thing that's been happening already is jamming GPS signals that may be most likely led to a crash of two oil tankers last week. So there are options you can do that would force, you know, these ships to travel with military convoys, which would make them safer, but obviously very highly inefficient for the maritime industry. So definitely the big option is closing the strait. But you don't necessarily have to do that.
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Neal Freyman
And one reason why they would definitely not do that is because it would upset China. Now China isn't really a country that you talk about with the Middle east conflict, but China buys a ton of oil from Iran. Iran sells most of its oil to China through the Strait of Hormuz. It's been a mutually beneficial relationship with Iran under international sanctions by the West. If Iran decides to close the Strait of Hormuz, which carries 20% of all global oil flows, then China would get very upset. And China, you don't want to upset China because it's the second largest economy in the world with a lot of heft. So that is one reason why that investors aren't sending oil prices sky rank. They don't think that there's going to be a massive supply chalk supply shock. And one reason why is because Iran doesn't want to upset China.
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Toby Howell
What happens if they do go for the most intense option though and do close the strait? It does look like OPEC members, you know, Saudi Arabia, the UAE could step in and theoretically ramp up that capacity, but they don't have a ton of options for getting that oil out of those markets because again, you have to go through the Strait of Hormuz. That one thing that you do have to note too is that while any duration of disruption would be bad, the world's oil consuming nations are the biggest consuming nations have at least 5.8 billion barrels of crude stockpiled in reserve right now. And to put that into perspective, the entire flow of petroleum through the Strait of Hormuz is roughly 7.3 billion barrels a year. So there is a little bit of a healthy buffer there as well.
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Neal Freyman
Yeah. So the world and Wall street are just kind of waiting to see what Iran does next that will determine which way they place their bets. Overall, though, I think you can say that more companies and investors will just be a little more cautious as they wait to see what happens. Because we've talked about the the fog of uncertainty that's been hanging around the global economy in 2025. It just keeps getting foggier, I think. Mohamed El El Iran, who's the chief economic adviser at Allianz, former CEO of Pimco, has summed up the situation best. He said the fate of the economy will really depend going forward on whether the US Strikes against Iran open a new, more volatile chapter into this regional conflict or it hastens the end of the current one. At least from what you can tell on the stock market, they believe that the latter is happening and that this conflict won't expand. But we'll just have to wait to.
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Toby Howell
See at long last, the day that Elon Musk promised for over a decade has arrived. Yesterday, Tesla officially rolled out its autonomous Robotaxi Service in Austin, Texas. For a flat fee of $4.20, a select number of guests were allowed to take a ride to in the backseat of what Elon hopes will be the future of the company. Much of Tesla's $1 trillion valuation hinges on the success of its self driving ambitions. Musk has bet millions of dollars in at least 10 years of R and D on a unique approach that differs from its biggest competitor, Waymo. While Waymo makes use of lidar radar and cameras to create a fully autonomous system, Tesla uses a camera only system to navigate. Cheaper but but potentially more prone to errors in bad weather and low light conditions. The approach has also landed it firmly behind Waymo in the autonomous race. Tesla's tests included just 10 to 20 Model Y vehicles operating in a limited zone of Austin. The company also said it was going to avoid bad weather, difficult intersections and will not carry anyone below the age of 18. Waymo, meanwhile, is giving out 250,000 rides per week across multiple cities. So Neil, a very long awaited day for Tesla fans, but perhaps a more muted debut than expected after a decade of hype in promises.
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Neal Freyman
Yeah, I think one example that sums up the competition here is that Sawyer Merritt, who is an Pro Tesla poster on X, said he saw 30 Waymo vehicles go by just while he was waiting for his Tesla robotaxi to come. There are a number of bull cases for Tesla if you want to be bullish about this company and a number of analysts are. One is the cost that you mentioned. Tesla is building a Cy Cab, which is a autonomous vehicle that will cost $30,000 or maybe even less. Waymo employs Jaguars that cost more than $70,000. And that is before you add all of the tricks that they need on top, like the sensors in order for them to be autonomous. They already have a huge base of cars out in the wild which are mapping and collecting data. There are millions of cars out Teslas because people have just bought them. And Musk's vision is for people, Tesla customers to use them like Airbnb. So you're, you parked your Tesla and you're not using it maybe for the weekend. Well, you can go rent it out and it will go by itself and carry someone autonomously around the city. So those are maybe some of the bull cases, and there are a number of bear cases as well for Tesla with its Robotaxi service. Certainly a huge hurdle to climb.
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Toby Howell
Yeah, I mean, the projections that people think this autonomous ride hailing unit could be worth are pretty eye opening. I mean, Cathie Wood, who is an Uber Tesla Bull thinks that by 2029 it could be a $951 billion business for Tesla, around 90% of its earnings. So this is certainly a period where they think they are transitioning from selling vehicles to becoming an autonomous ride provider. So that is like the lofty goal here. And I mean, Tesla Elon was talking about this launch, saying that Tesla cars should be able to operate autonomously for 90% of miles driven within three years. But just kidding, he didn't actually say that about the launch. He said that back in September of 2013. So it just goes to show you how long he's been talking about this, how long he's been pledging this vision. This was the first baby step in making that a reality. Moving on. As Trump's big, beautiful bill makes its way through the Senate, one provision is causing all sorts of controversy. Federal land is on the auction block. The Senate's version of Trump's big tax cut and spending bill includes a provision that would open up roughly 250 million acres of public lands in the west, making them available to be sold off to the highest bidder. The idea is to free the land up to boost the housing supply while generating at least $5 billion in revenue, according to Senator Mike Lee, who introduced the plan. But as of right now, selling public land is not a crowd pleaser. A recent YouGov poll shows 71% of Americans are against auctioning off public lands. And even among Trump voters, support barely cracks 16%. Lawmakers on both sides of the aisle have also expressed doubt that lands up for sale would even be suitable for building homes. But the idea has sparked debate about whether there are better uses for some of the roughly 500 million acres controlled by the federal government. Should Uncle Sam be the steward of so much land? Is it too much to manage effectively? What else could it be used for? These are all the questions, Neil, that the Senate will have to consider if the big beautiful bill is to be passed by Trump's July 4 goal.
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Neal Freyman
Proponents of this say that the federal government owns an absurd amount of land in the United States, especially out west. They own more than half of Oregon, Utah, Nevada, Idaho and Alaska, and nearly half of California, Arizona, New Mexico and Wyoming. They say that selling off a small fraction of that. They're not. The cap is at 0.75% of all of that land is just not a big deal. It could be put to better uses. There are certain exclusions that say that you can't sell off national parks or historic landmarks or all of these things that people hold dear. So the proponents of this, which include Mike Lee and a few other people, say, and a few other Republicans and more libertarian types, say that this is just. You're not really getting the scope here. There's so much land, much of it is not for use for recreational purposes, that has no ecological value as well. So why not sell it off? The estimates are that it would raise $10 billion. We have a housing shortage in this country. And so that's what they're saying. That's their argument.
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Toby Howell
Yeah. And some people who live in districts like California think that people maybe have a differing opinion of what public land actually looks like. They think that it's this pristine and perfect place. But a lot of the times, because the federal government has so much land to manage, they let it get overgrown and it contributes to wildfires and things like that. But if you sell those lands off to, you know, people to build houses on, or maybe even for other interests, that doesn't necessarily solve the land management problem either. So that's a pushback to that. What else could you do with federal land? And some people advocate for turning them more parcels over to universities, to indigenous tribes to manage, particularly where in spots where the federal government is pretty overwhelmed, maybe expand an airport, things that contribute to public good at a reservoir. That's another plan that's being floated in Utah. So there are economic development ideas. So, yeah, it's not necessarily something on the surface that seems particularly popular, and the polls show that, but there are some economic reasons why you might open up some of this land for development.
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Neal Freyman
It's just going back 250 years. This was the debate that the Continental Congress was going about whether the state should be in control of the land or the federal government. And Americans just have this very emotional tie to the land that should be used for public goods. Teddy Roosevelt, I think, was a big figure in establishing a public land system that was expanded by jfk. So it's just rooted in American history that this vast expanse of land should be given to the people. And that continues to this day. I mean, Ryan Zinke's a Republican representative of Montana is very vociferously against this bill. He's a former interior secretary. He said he was a hard. No, this was my San Juan Hill. I do not support the widespread sale or transfer of public lands. Once the land sold, we will never get it back.
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Toby Howell
Yeah, in Montana was actually excluded from this provision because he was, you know, so against it. Let's take a quick break before we get to our winners of the weekend.
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Neal Freyman
You wouldn't put your cash register in one store and your products in another, would you, Toby?
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Toby Howell
What a diabolical question. No, Neil. Those two always belong in the same place.
- [15:39]
Neal Freyman
That's how Square thinks about business payments and checking. They're better together. With Square's free business debit MasterCard, your sales go straight into your account and are instantly ready to spend.
- [15:49]
Toby Howell
This makes it easier than ever to manage your money all in one place. You can conveniently sign up for for checking and payments in one seamless process and keep your money moving from sale to spend.
- [16:00]
Neal Freyman
Make a sale and spend it instantly. It's that simple. Plus, there are no monthly fees or minimums and you can get up to five square debit Mastercards for you and your team.
- [16:09]
Toby Howell
Head to www.squareup.com debit card to get started. That's www.squareup.com debit Card Block Inc. Is a financial services platform and not an FDIC insured bank. Square debit card is issued by Sutton Bank, Member FDIC pursuant to a license for MasterCard.
- [16:29]
Neal Freyman
Hey, Toby, would you want to hear Amy Poehler speak at a conference?
- [16:33]
Toby Howell
Does the Pope have a balcony?
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Neal Freyman
I think so.
- [16:36]
Toby Howell
He does, Neal.
- [16:37]
Neal Freyman
Got to check that out. But if you want to see Amy Sean Evans, the host of Hot One and More, check out Inbound from HubSpot. It's a three day event in San Francisco from September 3rd through 5th focused on sales, marketing and growth strategies that build success through resilience and innovation.
- [16:53]
Toby Howell
It's a great opportunity to network with decision makers in San Francisco's AI powered ecosystem where innovative technologies are creating entirely new approaches to business.
- [17:02]
Neal Freyman
Plus actionable takeaways on the latest marketing, sales and AI trends that give businesses a competitive edge in today's rapidly changing landscape.
- [17:10]
Toby Howell
And our listeners get 10% through July 31st off their Inbound general admission tickets with code Morning Brew 10.
- [17:17]
Neal Freyman
If you're interested, head to inbound.com/register and use code Morning Brew 10. That's inbound.com/register. Welcome to Winners of the Weekend, the segment where Toby and I picked two things that did not forget to bring sunscreen to the beach. I won the pre show sandcastle building contest with a stunning Sagrada Familia replica. So I get to go first. And my winner has a two note theme song and was the reason you stayed out of the ocean for the first decade of your life. Its Jaws Steven Spielberg shark attack classic celebrated its 50th birthday this weekend. And as a gift, everyone is giving it credit for inventing the summer blockbuster. And as they should. Before June 20, 1975, the day jaws came out in the United States, the summer was considered a trash season for movies. It was the window when studios dumped their weakest films. Universal and 28 year old director Steven Spielberg had a different idea. They thought a movie about a great white shark eating swimmers at the beach would be perfectly timed during the summer. So they staged a sprawling marketing campaign to piggyback off the release of Jaws, the novel which the movie was based on. And it was a massive commercial success. Jaws became the first movie to GROSS More than $100 million at the U.S. box office. It launched the career of Spielberg and it gave Hollywood key evidence that Americans would pack theaters during the summer for the right stories with mass appeal. That formula has been replicated by some of the biggest summer blockbuster since, including five in the Star wars franchise, Top Gun, Finding Nemo, and a bunch of superhero movies.
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Toby Howell
Yeah, and the craziest part is is that the movie almost didn't happen because the scariest words in Jaws isn't we're going to need a bigger boat. It was the sharks not working because they had this animals, they had three animatronic sharks that just kept breaking down. It led to massive cost overruns. Spielberger was still an unproven director. He was more than 100 days behind schedule. And, and a lot of movie execs would come up to, you know, movie producer and say, I'm so sorry that you're having to deal with this movie. It's it was kind of like this Ugly stepchild. Then they showed it to audiences and they went nuts. And it caused them to kind of totally recalibrate their expectations. Say, no, this thing needs to go nationally. And that was one of the smartest things that they did, is movies at that time usually were kind of rolled out locally where you would buy ads and local papers, you know, target local news stations. But very rarely did you see this big national push to try to create an event around a movie release. Jaws was one of the first movies to really do that, and it worked out so well. This movie was the highest grossing movie in history when it debuted. So it was just a stunning, smashing success.
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Neal Freyman
Great lore about Jaws. You mentioned the animatronic sharks. While they did not work in saltwater, they had so many mechanical problems that the first shark does not appear in jaws until the 81st minute of a 124 minute film. It was supposed to come before, but they had to push it back because they just couldn't get it working. And that is considered a stroke of genius. To create this. This suspense around what does this shark look like? Everyone's so scared. And to not drop it until the second half of the movie is very Hitchcocky. And it set the template for a lot of movies going forward. And it also. One of the other legacies of Jaws is that it popularized what's known as the creature feature, which many movies have copied since. It has elements like the creature, remote location, the first anonymous victim, a reluctant hero. There's the oppositional local authority. You got to round up the experts. Some beloved character makes a sacrifice. You have the big confrontation at the end which results in the creature's death. We've all seen so many movies like that, and Jaws was one of the reasons why, you've seen why that's been possible.
- [20:53]
Toby Howell
And I'm still so scared of it. I mean, that was the first, you know, horror movie I watch and it has affected me to this day. I still really like going in the ocean. My winner over the weekend is the Los Angeles Lakers. Not because they actually won anything. Congrats to the Oklahoma City Thunder on earning a ring yesterday. But because they were just sold for $10 billion, making them the most valuable sports franchise of all time. The eye popping price tag was paid by Mark Walter, the CEO of Guggenheim Partners, a privately held financial services firm with more than $325 billion in assets under management. Walter is also the primary owner of the Los Angeles Dodgers. But buying the Lakers purple and gold means adding one of the biggest brands in all of sports to his stable. Lakers have been owned by the Buss family since 1979, and in that time they have won 11 titles, the most in the NBA. But the team and the Buses are unique in the sense that the Bus family had no other income stream. So the Lakers are running on the revenue generated by the Lakers. It helped that they landed a massive local TV rights deal with Spectrum that pays them $3 billion over two decades. But that alone wasn't going to be enough for them to keep up with deeper pocketed teams like their crosstown rivals, the Clippers, who are owned by Steve Ballmer and just spent $2 billion alone on a new arena with Walter at the helm. The they have a little bit more fun money to play around with after decades of pinching pennies and an owner who knows how to translate those dollars into wins. Neil LeBron may be retiring soon, but the Lakers just got the LeBron of sports owners to take the reins.
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Neal Freyman
Sports franchise values just keep going up almost exponentially. It was just a few months ago we were talking about another record sale in the NBA and across the professional sports world. That was the Celtics, who sold for 6.1 billion. There's just a number of factors driving these valuations so high. A lot of it has to do with these massive media rights deals that these leagues are getting from media companies. And that's because live sports is the holy grail of content at this point. And that's what draws the eyeballs. So every single entertainment company out there is shelling out tens of billions of dollars to these leagues in order to grab up this content. And it's sending valuations skyrocketing. They also have better data for better monetization. They have different revenue streams that they can pull on these, these leagues and teams. And then maybe sports gambling is also a factor in driving up valuations. Meanwhile, that's all, that's all good and well, but at the same time, supply is fixed and there's not that many new teams coming in. So if you grab, if you grab a sports team at this point, you know it's going to be an excellent investment.
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Toby Howell
How about this though? I saw a mind blowing stat on X from anchor Nagpal. Jerry Buss bought the Lakers for $67 million in 1979, just exited for 149 times that at $10 billion in 2025. That sounds like a lot, right? But that is somehow less than he would have made by simply indexing the S&P 500 over that same time period. He would have done $13 billion. So the lesson here is just keep buying. Yes, there is more to the story because the Lakers spit off dividends and whatnot, but still a pretty wild stat that just, you know, keep on buying.
- [24:03]
Neal Freyman
That's why. That's why Warren Buffett never bought a sports.
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Toby Howell
Exactly.
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Neal Freyman
Okay, it is Monday. So here are the big events you need to know about the week ahead. Why aren't you cutting interest rates? Jerome Powell will be hearing that question a lot when the Federal Reserve chair heads to Capitol Hill for his twice a year testimony on Fed strategy. Expect Powell to defend the Fed's cautious no sudden movements approach as lawmakers press him on what the Fed exactly needs to see with inflation and to begin cutting rates. Remember last week the Fed left rates unchanged, saying the economic environment was too uncertain for any sudden moves.
- [24:36]
Toby Howell
I mean, we have to come up with different metaphors to talk about how the Fed isn't changing rates. Jerome Powell has to go in front of a committee and explain the go slow approach every single time. So he is, he's got his talking points. He wants to see that the economic impact of the White House's trade policy filter through the economy before they make any sudden movements. So, yeah, the go slow policy approach is definitely going to be defended.
- [25:00]
Neal Freyman
New York City's Democratic primary for mayor is tomorrow, which is expected to determine the next leader of the Big Apple. The outcome will have major implications for Wall street, the world's top financial hub. And Wall street execs are nervous. They're sounding the alarm that zoran Mamdani, a 33 year old democratic socialist who surged to number two in the race, will raise taxes to fund social programs, has little leadership experience and would generally be hostile to business. They give in massive sums to Mamdani's top opponent, Andrew Cuomo, to stop his rise. And by they, I mean Michael Bloomberg, Bill Ackman, and Palantir CEO Alex Karp, who lives nowhere near New York.
- [25:35]
Toby Howell
Yeah, Cuomo is kind of ripping the old expensive playbook where his PAC is just putting millions of dollars into these negative attack ads. Mamdani, on the other hand, has collected more than 27,000 individual donations. That's compared to Cuomo's 6,300. So very different approaches here. One final wrench is we're about to talk about this, this massive heat wave that is coming. Temperatures peaking around 100 degrees on tomorrow. So early voters might make the difference because they beat the heat versus people who might not turn out because it's just so dang hot.
- [26:06]
Neal Freyman
Right? And it is going to be hotter than a sizzling fajita platter. As 170 million Americans are sweltering under the hottest temperatures of the year so far. Just days after summer officially began, a heat dome has descended from the Midwest to the east coast, delivering a 4 of 4 extreme heat risk through at least Thursday. New York is expected to hit 97, D.C. 100, and Boston 94, all at or near records. So I think we can lock in stock of the week already. Air conditioning?
- [26:33]
Toby Howell
Yeah. Holy moly. Heat domes are brutal because they can remain stationary for a few days until this high pressure system kind of moves on. And so this weather pattern is supposed to stay here until at least Thursday. And it just feels oppressive because it is oppressive. You have, you know, 30 to 40,000ft of hot air just sitting right on top of you. And oh my gosh, I'm already sweating.
- [26:54]
Neal Freyman
At least there's plenty to do inside when going out isn't an option on tv. The bear season four is coming to Hulu. Season three of Squid Game will hit Netflix, and one of the potential summer blockbusters of the year, F1, arrives in theaters on Friday.
- [27:07]
Toby Howell
Yeah, very excited for the F1 movie. They have had this crazy campaign, Apple and F1 and their trailer that they released made use of the haptics in your iPhone, so when you feel the rumble of the cars going by, your phone actually vibrates. So a pretty cool partnership there and probably one that I'm going to turn out for.
- [27:25]
Neal Freyman
Jeff Bezos and Lauren Sanchez are getting married in Venice this week in what will be a ridiculously fancy, controversial affair that will extend three days and make stops across multiple of the city's islands. Unfortunately, I have a conflict, so I had to decline the invitation. But it looks like Katy Perry, Oprah Winfrey, Mick Jagger, Ivanka Trump, and many other A listers will be able to attend. But not everyone is going to be doing the horror. Hundreds of locals already fed up with over tourism say they plan to protest and hopefully stop the wedding using buoys, motorboats, and other Venetian tactics.
- [27:57]
Toby Howell
Yeah, there is a movement that is called the no space for Bezos. You know, making fun of this that the fact that he's a space entrepreneur. So blocking canals, there's not exactly side roads that you can go down if you block a canal. It's in a tough city spot. So, yeah, the wedding is very secretive. No one actually knows exactly when it's going to occur, but the locals are not too happy about it.
- [28:17]
Neal Freyman
And other miscellaneous things. The NBA will stay top of mind with the draft on Wednesday and also Wednesday is half Christmas. June 25th. It's not going to feel like it. Okay? That is all the time we have. Thanks so much for starting your morning with us and have a wonderful start to the week. If you have thoughts on today's episode, send an email with questions, questions, comments or feedback to Morning Brew daily at Morning Broadcom. Let's roll the credits. Emily Milian is our Executive producer. Raymond Liu is our producer. Our associate producers are Olivia Graham and Olivia Lake. Hair and makeup is in Venice to work the Bezos wedding. Devin Emery is our president and our show is a production of Morning Brew.
- [28:52]
Toby Howell
Great show, Danielle. Let's run it back tomorrow.
- [29:04]
Neal Freyman
There's something percolating at Morning Brew that we are very excited to share with you all.
- [29:08]
Toby Howell
Cappuccino Machine what?
- [29:10]
Neal Freyman
No. The launch of revenue brew on June 17th. We talked about this.
- [29:15]
Toby Howell
We also talked about the cappuccino machine, but no one ever listens to me.
- [29:19]
Neal Freyman
And continuing with that proud tradition, we're excited to partner with Outreach for the launch of this new vertical.
- [29:24]
Toby Howell
Outreach is a single platform supercharging the entire revenue new team. Their integrated agents help sales leaders increase productivity, make more precise decisions and guide sellers towards activities that generate more pipe.
- [29:36]
Neal Freyman
And with their help, Revenue Brew will serve up sales, strategy, operations, tech and everything in between. From the CRO's corner office to the SDR trenches, Revenue Brew serves up cross industry insights including everything from CPG secrets to cutting edge SaaS strategies.
- [29:51]
Toby Howell
And while I'm still waiting for that, a cappuccino machine.
- [29:53]
Neal Freyman
So not happening.
- [29:55]
Toby Howell
A man can dream, Neil. But no dreaming necessary here. Go ahead and subscribe at the very real revenue brew.com for a bi weekly dose of Revenue Review. That's revenuebrew.com.