🎂 “i50th” — Apple’s b’day tribute. Estate Sales Entrepreneurs. Also’s $1B DoorDash bike. +ProteinPod

Summary

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The Best One Yet – April 1, 2026

🎂 “i50th” — Apple’s b’day tribute. Estate Sales Entrepreneurs. Also’s $1B DoorDash bike. +ProteinPod
Hosts: Jack Crivici-Kramer & Nick Martell

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Episode Overview

This episode marks Apple’s 50th birthday and uses that milestone to discuss legacy, comeback stories, and future strategies for tech giants. The hosts also break down Rivian’s pivot to a billion-dollar e-bike startup and explore how estate sales have become the latest Gen Z money-maker. Laced with their energetic wit and pop-business insight, the show introduces “ProteinPod”—the first (April Fools!) protein-infused podcast—before diving into three fresh, highly relevant business stories, perfect for anyone hungry for trends (and a few grams of audio protein).

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Key Discussion Points & Insights

1. Apple Turns 50: The Greatest Comeback Story in Business

[05:25–10:55]

• Apple's Humble Beginnings & Steve Jobs' Journey:

  • Founded on April 1, 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne (shout-out: “Ronald Wayne, we see you. We know you're a Yeti.” – Nick, [06:06]).
  • Early struggles: The Apple I flopped before Apple II saw real success.
  • Jobs’ ouster: “Steve Jobs was replaced by an MBA from PepsiCo… recruited the guy who ousted him.” – Jack, [06:38–06:49].

• Jobs’ Exile & Return:

  • Jobs founds NeXT, acquires and IPOs Pixar, sells to Disney; “If there was a LinkedIn back then, Steve Jobs would be lit.” – Nick, [07:10].
  • Apple nears bankruptcy by 1997; “Two months away from bankruptcy.” – Jack, [07:26].

• Comeback and Marketing Brilliance:

  • “Apple didn't win with superior technology. They won by making tech work for regular people and communicating it in their marketing.” – Jack, [07:46].
  • Contrasting tech jargon (competing brands) with Jobs’ memorable product positioning:
    • “This is a thousand songs in your pocket.” – Jobs via Jack, [08:15].
    • “We are all born with the ultimate pointing device, our fingers.” – Jobs via Jack, [08:20].
    • “It's in Apple's DNA, that technology alone is not enough. It's technology married with liberal arts, married with humanities…” – Jobs via Jack, [08:37].

• Massive Growth Stats:

  • $2B market cap in 1997 to $337B in 2011; reaches $3T in 2023 under Tim Cook.

• Apple's Next 50 Years:

  • Anticipated products: “Not too late for the Apple car, guys.” – Nick, [09:43]. “Remember our itushy idea, the Apple smart toilet?” [09:45].
  • Privacy as Key Differentiator:
    • “Apple will win the next 50 years by protecting your privacy in the age of AI.” – Jack, [09:59].
    • “Apple needs to be the same Apple and put privacy first.” – Jack, [10:51].

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2. Rivian’s Self-Pedaling E-Bike: A $1 Billion DoorDash & Amazon-Backed Play

[10:55–15:54]

• Origin & Product Details:

  • “Rivian went 0 to $153 billion valuation at their IPO.” – Jack, [11:23].
  • Pivot to e-bikes: The ‘also’ bike project (named because “Rivian also does bicycles”), designed by iPhone legend Jony Ive.

• The “Quad”:

  • Four-wheel, bike-lane-legal, partially self-pedaling, best described as “looks like a golf cart that went to MIT, but the driver actually pedals like a bicycle.” – Jack, [13:13].

• Why Big Names Are Investing:

  • DoorDash’s $200M investment and ambitions for self-driving delivery fleets:
    • “Basically, DoorDash is investing in a self-pedaling pad Thai.” – Jack, [13:24].
  • Amazon places a 1,000-vehicle order, aiming for efficient last-mile delivery.

• Enterprise Model Advantage:

  • Focus is on B2B, not consumers, due to high-volume, stability (“It’s simply an easier business model. It’s the sugar daddy business model.” – Jack & Nick, [15:49–15:52]).

• Potential Controversies & Risks:

  • Cyclist backlash: “The biggest risk that we see from bikers who hate the fact that a four-wheeled vehicle is hogging the bike lane.” – Jack, [14:23].

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3. The Estate Sale Gold Rush: Gen Z Turns Boomers’ Basements Into Gold

[17:09–21:54]

• Supply Side – “Silver Tsunami”:

  • “There are now 62 million Americans over the age of 65. There are more senior citizen Americans than there are Canadians.” – Jack, [17:52].
  • Boomers, the collector generation, are downsizing, unleashing a deluge of vintage goods.

• Demand Side – Gen Z Estate-Flippers:

  • Estate sales become hot for “midcentury modern décor locked in the Mad Men living room” and other unique finds:
    • “Is that a vintage orange Le Creusette Dutch oven? I can only find it at the estate sale.” – Nick, [18:49].
  • Turning up as social scenes with DJs and drinks; “LA has 100 estate sales per weekend. It's a scene.” – Nick & Jack, [18:56–19:07].

• Drivers Behind the Trend:

  • Economic: Thriftiness (“the thriftconomy”), sustainability, and “anti-screen” living.
  • Social media influence: “Estate sales are being amplified by social media… cottagecore, grandma core, coastal grandma core.” – Jack, [20:02].

• The Rise of the “Estatetrepreneur”:

  • Arbitrage model: “If you can buy it low in one market and sell it high in another market, that’s your arbitrage profit.” – Jack, [20:52].
  • Career path for some: “Estate sale influencers are hitting up 15 estate sales per day… and turning it into their full-time income.” – Jack, [20:36–20:41].
  • “Boomer basements are your supply chain, besties. This is AI proof.” – Nick, [21:39].

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Notable Quotes & Memorable Moments

• On Apple’s Comeback:
  • “Steve Jobs was more therapist than marketer.” – Nick, [08:53].
• On Apple’s Product Messaging:
  • “This is a thousand songs in your pocket.” – Steve Jobs via Jack, [08:15].
• On Privacy & the Future:
  • “Apple will win the next 50 years by protecting your privacy in the age of AI.” – Jack, [09:59].
• On Rivian’s Bike:
  • “Basically, DoorDash is investing in a self-pedaling pad Thai.” – Jack, [13:24].
• On the Estate Sale Boom:
  • “Say hello to the estaterepreneur.” – Jack, [20:28].
• On Arbitrage:
  • “The estate sale is a perfect arbitrage opportunity.” – Nick, [20:44].
• On Being Future-Proof:
  • “This is AI proof… and doing something good for the world, all while touching grass.” – Jack, [21:39].

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Important Timestamps

• [00:01–02:41] – Show intro, April Fools ProteinPod riff
• [05:25–10:55] – Apple at 50: History, Insight, Takeaway
• [10:55–15:54] – Rivian's "also" e-bike/quad, DoorDash/Amazon pivot, enterprise model, risks
• [17:09–21:54] – Estate sale trend, supply/demand analysis, rise of estatetrepreneurs
• [22:02–22:42] – Recap of all three major stories (Apple, also, estate sales)
• [22:46–24:26] – Quick news: Whoop’s 10x unicorn status, OpenAI’s ETF access, Allbirds’ fall
• [24:09–24:26] – Best Fact Yet: WNBA’s 400% pay bump traced to economist Claudia Goldin

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Quick-Glance Recap

• Apple celebrates 50 years: legacy built on consumer-first marketing, future likely staked on privacy in the AI era.
• Rivian pivots to e-bikes, with the “quad” device attracting DoorDash and Amazon, exploiting enterprise sales as a strategic, reliable model.
• Estate sales become lucrative territory for Gen Z “estatetrepreneurs,” flipping boomer wealth into TikTok-fueled thriftconomy careers.

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No advertisements, intros, or outros included in content summary. All quotes attributed and main stories timestamped for easy reference.

Transcript

[A]

This is Nick, this is Jack. It's Wednesday. CEVICHE Wednesday, April 1st. And today's pod is the best one yet. This is a T boy.

[B]

The top three pop business news stories you need to know today.

[A]

A happy Q2 to all those who celebrate Yeti second quarter. Yeah. Begins today.

[B]

I love the fiscal calendar.

[A]

It's a beautiful thing, Jack.

[B]

And we couldn't be happier because fiscal Q1 was not pretty.

[A]

Yeah, worst quarter for the economy in four years.

[B]

Stocks were down 9% before suddenly surging 3% on yesterday, the final day of the quarter.

[A]

The recent comments from President Trump indicating the war could end soon. But Jack, Q2, it's already looking fantastic on ya. What's on today's show? Oh, Jack, you tell me what's on today's show.

[B]

For our first story, happy birthday to Apple. The world's most iconic tech brand turns 50 years old today.

[A]

Apple. It is the greatest comeback story in business history. But we got an idea for the next 50.

[B]

For our second story, what do Amazon, Rivian Doordash and the designer of the iPhone all have in common?

[A]

A $1 billion self pedaling electric bike startup with a ridiculous name.

[B]

And our third and final story is the hottest new shopping trend because it's

[A]

also the oldest, literally. Estate sales are surging among young people thanks to old people arbitrage.

[B]

But yetis, before we hit that wonderful mix of stories.

[A]

Earmuffs on this one. Boomers. No, no, it's good, it's good. You're gonna like it.

[B]

We got some big news for the

[A]

show because we are launching the very first protein podcast.

[B]

To sprinkle on some context, please, Jack. We've all been following the protein maxing trend for the last couple years.

[A]

Starbucks is selling pret Chipotle selling double protein barbacoa.

[B]

Beyond meat. They just launched protein water, whatever that is. Jack.

[A]

Buffalo Wild Wings launched a proteini, a martini with protein.

[B]

So we thought, if Khloe Kardashian can create protein popcorn, why can't we sprinkle

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on some protein to this podcast?

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So Nick and I worked with scientists at the Whey Institute of Protein Physics

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in collaboration with Spotify's advanced audio team

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to create this, the first ever audio product that also delivers protein.

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We're talking 24 grams of protein per

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an episode, scientifically formulated to deliver 1 gram of protein for every minute of the show.

[A]

You know what that means, Yeti. So far you have listened to three grams of protein.

[B]

Look in the mirror, you've already beefed up yourself like Jeff Bezos.

[A]

Jack look in the mirror again. Your calves are looking straight Caitlin Clark out there.

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So think of this episode as a meal replacement.

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And then think of the ads in this episode as a coupon that gives you a free protein.

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Quick heads up though. Yes, this product has not been evaluated by the FDA or the FTC or the SEC yet.

[A]

But the first protein infused podcast is making you look fantastic. Besties.

[B]

Happy April Fools. Let's hit it, Nick.

[A]

Oh yeah, let's hit it. Fifteen years before this song, two boys from the northeast met in the dorm. They had an idea to cause a cultural storm. It's the best one yet. But the best is the norm. Jack. No, Nick, that's it. I don't even think they need to practice. 50%. That's a fat tip. T Boy City on your at list. If you know, you know. Cause we ready to go. We can't wait no more. So just start the show. Start the show. First, a quick word from our sponsor.

[B]

This episode is sponsored by Square, the do everything payments platform for business.

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Look, Yetis, full disclosure. I'm a brick and mortars guy. I like to find a new coffee shop once a week to prep this pod from. Even though I don't like coffee, I'm

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more of an efficiency guy. I order on my phone for a just in time pickup on the way home from work.

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Pati asap. Besties from my favorite cafe to Jack's favorite cantina. Square Powers at Transacion Square lets business

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owners track sales, manage inventory, and access reports in real time.

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I mean, the technology is brilliant. It recognizes me, makes my checkout quick and easy, and treats me like a

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One coffee shop owner literally said this. If I couldn't use Square, I wouldn't open a business.

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Monarch Yetis.

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Happy tax season to all those who celebrate. It's like March Madness, but it's April Madness.

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And use code T [e-mail] for half off your first year. That's 50% [e-mail] code T Boy for our first story. Happy birthday to you. Happy birthday to you. Happy 50th birthday to Apple. Actually the best comeback story in business history.

[B]

And these Steve Jobs quotes prove it.

[A]

Yes, they do.

[B]

But to win the next 50 years, Apple has to think different. Then OpenAI and Meta.

[A]

All right, Jack, let's whip out the birth certificates here. April 1, 1976. What do we see? What's going on in the delivery room?

[B]

Steve Jobs, Steve Wozniak and the other guy launched Apple in a garage in California.

[A]

Ronald Wayne, we see you. We know you're a yeti. First product. By the way, the Apple one, how did it do, Jack?

[B]

Well, it was a computer without a monitor, without a mouse and without a keyboard. So not so good.

[A]

It was a rough start. They stayed in that garage. But the Apple II was the first in hit at Apple.

[B]

And the Apple II is eventually succeeded by the Macintosh, AKA the Mac. You're probably typing on at work right now.

[A]

But besties, Apple is Apple because of Steve Jobs, who happened to have been exiled from the company in 1985.

[B]

Steve Jobs was replaced by an MBA from PepsiCo.

[A]

Can you believe that warden guy selling sugar water? Awkward situation too, right, Jack?

[B]

Because Steve Jobs recruited that Pepsi guy to join Apple. And then that guy he recruited orchestrated his ouster.

[A]

We see you too, Mr. Scully. But during Steve's exile, he founded NeXT, a computer company that Apple would eventually go on to buy.

[B]

And during his exile, Steve Jobs acquired Pixar from Lucasfilm and then he IPO'd Pixar.

[A]

Oh boy.

[B]

Released the first ever computer animated movie, Toy Story.

[A]

Keep going.

[B]

And then sold Pixar to Disney.

[A]

If There was a LinkedIn back then, Steve Jobs would be lit.

[B]

This was basically a sabbatical and it's like one of the best tech and business resumes of all time.

[A]

So this batical, he made billions of dollars on. On the other hand, Jack, how did Apple look while Steve was gone?

[B]

Apple sawn Steve was not so pretty.

[A]

Nope.

[B]

By September of 1997, Apple was two months away from bankruptcy.

[A]

It was that bad. So Apple did what you got to do in these situations.

[B]

You say you're sorry and you ask if Steve will come back.

[A]

You boomerang Steve back there. And that turned Apple from a tech company into a marketing company. The best marketing company of all time.

[B]

Apple didn't win with superior technology. They won by making tech work for regular people and communicating it in their marketing.

[A]

For example, Jack, what would Michael Dell boast about when he sold his Dell computers?

[B]

Dude, you get Nadel. He would boast that his computers had better RAM, more gigabytes, and an Intel Pentium 2 processor. Dun Dun dun dun.

[A]

Cannot compute. But here is what Steve Jobs said

[B]

about his computers in 2001 when he launched the ipod. He didn't say, this is a five gig mp3 player.

[A]

No, no, no, no, no. Steve Jobs said, this is a thousand songs in your pocket.

[B]

In 2007, when he launched the iPhone, here's what he said. We are all born with the ultimate pointing device, our fingers.

[A]

And the iPhone uses them to create the most revolutionary user interface since the mouse.

[B]

He was talking about the touch screen. And then in 2011, when he launched the iPad, here's what Steve Jobs said.

[A]

He said, it's in Apple's DNA, that technology alone is not enough.

[B]

It's technology married with liberal arts, married with humanities that yields us the results that make our hearts sing.

[A]

Sit down, stand up and write a sonnet again. Yeti's features don't sell products, feelings do.

[B]

And Steve Jobs was more therapist than marketer.

[A]

And we know what we got the receipts to back it up. What are we seeing in the numbers, Jack?

[B]

When Steve Jobs took over again as CEO in 1997, Apple's worth $2 billion.

[A]

And when Steve passed away in 2011, Apple was worth 150 times more than that. $337 billion.

[B]

And by 2023, with Steve's successor, Tim Cook, in charge, Timmy, Apple had 10x its value again to become the first ever $3 trillion company.

[A]

Which brings us yetis to today. Apple is celebrating their 50 year party over at their giant circular. Probably gonna turn into a spaceship. Headquarters.

[B]

Paul McCartney is reportedly gonna perform live.

[A]

Not too shabby. I don't know, maybe my invite got lost in the mail, Jack.

[B]

No, what I'm hoping is that Apple announces a surprise new product on their 50th birthday.

[A]

Are you thinking what I'm thinking, Jack?

[B]

Not too late for the Apple car guys.

[A]

No, I thought you were gonna say the itoilet. Remember our itushy idea, the Apple smart toilet. Just launch it, we know you're listening.

[B]

Throw away your toilet paper forever.

[A]

So Jack, what's the takeaway for our buddies turning 50 middle aged over at Apple?

[B]

Apple will win the next 50 years by protecting your privacy in the age of AI.

[A]

So Yeti's the big question. What is next for Apple? Well, according to pfwtms, people familiar with the matter, it is widely reported to be a home tabletop assistant.

[B]

Picture Siri but in physical form, sitting on your counter, answering any questions you have and following you with the screen as you walk around the kitchen.

[A]

Sounds lovely. But the big threat is that the phone loses its role as people's primary computing device.

[B]

Instead of the iPhone, you'll talk to an always listening and always watching wearable AI device.

[A]

And now we think Apple can win that future if Unlike Meta and OpenAI, it protects people's privacy.

[B]

Apple is the one company that can figure out how to put cameras into glasses or another wearable, but not create a dystopian surveillance state where we're all being recorded all the time.

[A]

Yeah, because OpenAI is the new meta, Anthropic is the new Microsoft.

[B]

Apple needs to be the same Apple and put privacy first.

[A]

Because in the age of AI, privacy has never been more premium. For our second story, Rivian is struggling to sell cars. But their electric bike, It's a billion dollar valuation and just got an investment from doordash.

[B]

This e bike is designed by Jony iPhone Johnny. I've has 1,000 orders from Amazon, the company. So we jumped in t boy style.

[A]

Oh, Jack, take us back to 2022. Rivian went 0 to 60 at their IPO.

[B]

No, they went from 0 to $153 billion valuation.

[A]

And with that level of confidence, after Rivian went public, they decided to launch an electric bike startup.

[B]

They called it also as in Rivian also does bicycles.

[A]

Basically an adverb got promoted to become a proper noun in this situation.

[B]

Rivian also hired Jony. I've to design also.

[A]

That is also true. Steve Jobs, right hand man, designed the iPhone and now he was designing Rivian's new electric bike.

[B]

That also bike launched last year and we covered it on the pod and that was that. It was a new electric bike company, a new option on the market sold

[A]

by an electric car company. It was an interesting story. We thought we'd done our jobs and

[B]

moved on, but then also launched the

[A]

quad El Quatro, a vehicle with not

[B]

two wheels like a bicycle, four wheels like a golf cart.

[A]

Jake, how would you describe this exactly?

[B]

It looks like a golf cart that went to mit, but the driver actually pedals like a bicycle, kind of like an E bike.

[A]

It's a little bit like a self pedaling Tesla bike. Can we go with some sort of kind of.

[B]

The motor makes it go fast, but it can legally operate in the bike lane because it's much smaller than a car.

[A]

And that's the key. Which leads to also slogan, make the world a smaller place.

[B]

So this quad potentially has the best of both worlds. The utility of a four seater car, but the nimbleness of a bike.

[A]

Well, get this yetis. Doordash happens to agree that this may be the new ultimate creative transportation vehicle that we've all been waiting for.

[B]

So they just invested $200 million into this startup also and they get one seat on the board of director.

[A]

It is literally in figurative unicorn. Like you have to believe in this thing to see it.

[B]

Also.

[A]

This makes also an actual unicorn because it's now worth a billion bucks.

[B]

For context, rivian is worth $18 billion. So also it's something it's catching up.

[A]

But besties DoorDash isn't interested in the bikes. What they're interested in is making the quad self driving so that that four

[B]

wheeled vehicle can deliver food in New York City faster than cars by using the bike lane to bypass all the traffic.

[A]

Basically, DoorDash is investing in a self pedaling pad Thai.

[B]

This quad vehicle, it's also more efficient than a dasher riding a bicycle in New York City because It can handle 400 pounds of that pad thai, Nick,

[A]

which is a lot of pad thai. Oh, but pause the podjack because I think someone else is knocking at the door here.

[B]

It's Amazon. Yeah, Amazon just pulled a Meg Ryan. They want what DoorDash is having.

[A]

Amazon was already a Rivian investor and has 25,000 Rivian electric vans doing delivery for Amazon already.

[B]

And in December they ordered a thousand of these quads from also to handle last mile urban delivery.

[A]

And with a Swappable battery. There's no 40 minutes of charging for this quad electric bike.

[B]

So add it all up. And also has quietly built a pretty insane all star team of investors, stakeholders and like more just total tech brands.

[A]

Amazon, Doordash, Rivian, the designer of the iPhone are all involved with this billion dollar self pedaling bike company.

[B]

It's like the Avengers.

[A]

It's like the 94 Knicksjack and I'm glad you didn't say the 94 bulls.

[B]

But the biggest risk that we see from bikers who hate the fact that a four wheeled vehicle is hogging the bike lane. They're gonna lobby to get this thing out of here.

[A]

Mandani's New York I think these Amazon E bike car things could get banned from the bike lane pretty soon, which

[B]

would put a huge dent in the value proposition.

[A]

Hell hath no fury like biker anger in the bike lane. Check. So what's the takeaway for our buddies over at also the billion dollar self pedal and bike brand Enterprise?

[B]

It is simply an easier business model.

[A]

All right now, Yeti's full disclosure. Jack drives a Rivian car. That's fantastic. Incredible car. But the business of Rivian is struggling right now.

[B]

Their first two consumer cars, the pickup and the SUV, they're very low volume businesses.

[A]

So for five years, Rivian has lost 25 billion bucks.

[B]

Hang on a second, I want to say that again. For the last five years, Rivian has lost $25 billion of money.

[A]

They're always like a few bad quarters away from bankruptcy over there.

[B]

It's a great car, but consumers are fickle and there's so much competition. And the federal incentive to buy EVs has gone away.

[A]

And that is why also is focusing on enterprise. Selling bikes to businesses, not to people.

[B]

One order from DoorDash and one order from Amazon.

[C]

Boom.

[B]

You just sustained like two or three years for this company.

[A]

And in this economy, consumers are pinched, but businesses are flush with profits.

[B]

We're seeing it in the software industry too. OpenAI is making a hard pivot right now from all those consumer apps they announced last year. All to enterprise, Jack.

[A]

And what do we say about Enterprise?

[B]

It's simply an easier business model.

[A]

It's the sugar daddy business model. Now a quick word from our sponsor.

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[A]

For our third and final story. I'm going to start this with the place to find a deal these days. It ain't E commerce, it ain't malls, and it ain't she estate sales.

[B]

It's estate sale arbitrage. And it's creating a whole bunch of Gen Z estate tripreneurs.

[A]

Now, Yetis, look, we should point out baby boomers, they get a lot of heat these days, right, Jack?

[B]

They're hoarding their big houses, they're hoarding their money. They're buying third yachts for their second home.

[A]

They outsource the factories, they insource the hoa.

[B]

But give them a break, Yetis.

[A]

Yeah, give them a break, you know. Right, Jack?

[B]

Because if you don't, they'll rut you out of your.

[A]

No, basically, old people have always done this kind of thing. In fact, Yetis, There are now 62 million Americans over the age of 65. Jack, can you sprinkle on some context?

[B]

There are more senior citizen Americans than there are Canadians.

[A]

All Canadians.

[B]

Now, we've talked on this pod about the coming $84 trillion wealth transfer from baby boomers to their heirs.

[A]

Yeah, the great wealth transfer. But what about the great transfer of their stuff? No one's talking about that.

[B]

Because boomers were the collector generation.

[A]

Yes, they were, Jack.

[B]

They came of age in an era of mass production post World War II consumerism.

[A]

That's right. That retro 1950s fridge that was built to last your grandp grandpa has three of them still in his garage in Del Boca Vista, Florida.

[B]

So, Yetis, the silver tsunami has begun.

[A]

It has.

[B]

Old people are selling their huge houses to move into smaller homes.

[A]

But you know what that means. What does it mean, Jack? Estate sales. Estate sales.

[B]

Where boomer supply meets Gen Z Demand.

[A]

Because Yetis, 30 year olds are estate maxing right now.

[B]

If you want a mid century modern decor locked in the Mad Men living room. If you want crystal that you can't find at Ikea for a price, you can.

[A]

One sec. Jack. Is that a vintage orange? Le Creusette Dutch oven. Oh my God. I can only find it here at the estate sale.

[B]

Los Angeles has 100 advertised estate sales per weekend.

[A]

That's an all time high. They're hiring DJs and bartenders at these estate sales so you end up splurging on jewelry because you're two negronis deep.

[B]

It's a scene. You could meet your future husband or wife at an estate sale.

[A]

In fact, estate sales have hit such a high note that Vogue magazine covered them last week with this headline.

[B]

The real treasure is waiting at an estate sale near you.

[A]

Now Jack, let's break down T boy style. The estate sale from an economic perspective.

[B]

Okay. On the supply side, it's not just funerals. This isn't a story about death.

[A]

Yeah. In fact, experts say there are four Ds that drive estate sales.

[B]

Downsizing, divorce, decorating, and yes, also death.

[A]

And on the demand side, we are seeing it driven by a wave of trends.

[B]

First of all, in this economy there's more Americans buying second hand to save money.

[A]

We've called it the thriftconomy. Yetis thredup in the realreal. Their stocks are at all time highs.

[B]

Plus the sustainability trend, plus the anti screen trend. Estate sales are a response to over consumerism in 2026.

[A]

Exactly. The estate sale is the alternative to the hangover of a she in haul.

[B]

But ironically, estate sales are being amplified by social media.

[A]

Jack, remember cottagecore, Grandma core? Who could forget coastal core?

[B]

What about coastal grandma core? Pinterest trends that began with estate sale halls and besties.

[A]

Underlying all of it is one core economic principle.

[B]

Estate sale arbitrage. That's where you should push Cha Ching. But you already pushed it. And we only get one per show.

[A]

I know, it's our budget. So Jack, what's the takeaway for our buddies over in estate sales?

[B]

Say hello to the estaterepreneur.

[A]

Yetis this whole story we've been talking about, it's actually a new career opportunity. The estate sale entrepreneur.

[B]

Because estate sale influencers are hitting up 15 estate sales per day.

[A]

They are.

[B]

And turning it into their full time income source.

[A]

The key here is that the estate sale is a perfect arbitrage opportunity. Something valued low in one market but high in a different market.

[B]

If you can buy it low in one market and sell it high in another market. That's your arbitrage profit.

[A]

For example, an estate seller wants to get rid of that silverware so they'll give you the whole set for, I don't know, 10 bucks.

[B]

But a dink who just got married would gladly pay 100 bucks on Facebook marketplace for this wonderful silverware. They just don't make them like this anymore. That's arbitrage.

[A]

Or an estate seller may be liquidating their vintage band tees because they got so many and they just want to get rid of them right now, today.

[B]

But on ebay, a Grateful Dead fan will pay 50 bucks for that Dolores park concert shirt that you got for $0.50 top dollar.

[A]

Basically, estaterepreneurs are plundering estate sales and flipping them on secondhand sites, profiting off the estate sale arbitrage.

[B]

And with the silver Tsunami, there is enough deal flow for an estate sale to be your career boomer. Basements are your supply chain besties.

[A]

This is AI proof. It is in person is a rare combo of fun and profitable and doing something good for the world, all while touching grass.

[B]

The estate sale is happy, the buyer on ebay is happy. And plan on earth is happy. From your estate sale entrepreneuring estate sale arbitrage.

[A]

It's creating estaterepreneurs. Jack, could you whip up the takeaways for us for saviche Wednesday?

[B]

Apple is celebrating 5O today. So we celebrated Steve Jobs marketing brilliance.

[A]

So to win the next 50 years, Apple should protect our privacy from AI. Apple should launch the itoilet. No, no. Just focus on the privacy. Focus on the Privacy.

[B]

For our second story, Rivian's e bike startup signed a $200 million self driving deal with do and sold 1,000 quads

[A]

to Amazon self pedaling tad tie. It's all because of enterprise. It's simply an easier business model. It's the sugar daddy business model.

[B]

And our third and final story. There is definitely an estate sale this weekend in a neighborhood near you.

[A]

And if you can buy stuff there, you can sell it. For more on ebay and Facebook marketplace, that is estate sale arbitrage.

[B]

But yetis, this pod's not over yet. Here's what else you need to know today.

[A]

First, whoop. Whoop. Whoop is officially a ten headed unicorn. The techie fitness band just hit a 10.1 billion valuation.

[B]

It's backed by Ronaldo the soccer player, Lebron James the basketball player and everyone else who plays with any balls and wins championships.

[A]

Whoop. Now has as many users as Peloton does. 2 and a half million, but half as many as the Oura ring, we should point out.

[B]

And with a billion dollars of annualized sales.

[A]

Whoop.

[B]

Plans to IPO right after they get a consistent 8 hours of spend.

[A]

Second, OpenAI is upstreaming their very own IPO by offering shares early to you. The public.

[B]

Sam Altman announced yesterday he's allocating some of the company's private stock to ark, the private investment company.

[A]

That's right. Cathie Wood's investment firm will include exposure to OpenAI in several ETFs that you can trade just like stocks. And finally, Allbirds has officially been sold. The unofficial uniform of Silicon Valley is no longer flying public.

[B]

Allbirds became Fallbirds. The valuation around The IPO was $4 billion. They just sold for under 40 million, which is a 99% decline in valuation.

[A]

They're being acquired, by the way, by a big brand buying firm called American Exchange. Not quite as cool. Now time for the best fact yet. This one, whipped up by Jack and me for Women's History Month, which just wrapped up yesterday. But you may have missed this Yetis, because last month you heard the WNBA secured a record deal. A 400% pay raise.

[B]

What you may not have known is that it was negotiated by a Harvard economist, Professor Claudia Golden.

[A]

She advised the deal and it was based on her own personal research.

[B]

Because the first woman to win a solo Nobel Prize.

[A]

Who was it?

[B]

It was her. It was Claudia Gold. This professor won it three years ago.

[A]

And that study of pay equality was the key in increasing the wnba salaries by 5x. Yetis, you're looking fantastic today. Jack, you are glowing right now.

[B]

In one week, I'll be even more glowing on stage at Irving Plaza in New York City. We only have general admission tickets left. That's all that's left. But you'll be glad you're standing cause this show's gonna be fantastic.

[A]

Grab your tickets now. We got a link in the episode description. Oh, and by the way, congratulations. You've now consumed 24 grams of audio protein. All right, let's wrap it up. We'll see you in tomorrow's show. And before we go, a Happy birthday to Mr. Feeny, who turns 99 years old.

[B]

You know, I learned from Mr. Feeny that SCUBA is an acronym. Self Contained Underwater Breathing Apparatus.

[A]

And Peter Karenis a fan of T boy. And the best idea yet is turning 12 in Adelaide, Australia. Happy birthday, Peter.

[B]

And happy birthday to Bjorn Carlson in Plymouth, Minnesota. May your drives be long, may your putts be short. And may your irons be set.

[A]

And Chris Landauer, happy birthday just outside Chicago in Illinois.

[B]

Happy birthday to Liv golden in Westchester.

[A]

And phoebe, enjoy the 27th up in Toronto. She wants us to play at the Scotiabank arena in Toronto, by the way, Jack.

[B]

We're gonna do it before her 27th birthday, I think.

[A]

And Charles Goffnett, the Michigander in Phoenix, is turning 45. But is this his real birthday or did his parents make it up as an april fuels prank 45 years ago?

[B]

That's the question.

[A]

And congratulations to our buddy Philip Johnson and the Star Cloud team on passing a billion dollar valuation for putting data centers in space. Just look up.

[B]

This is Jack. I own stock of Amazon and Disney. Nick and I both own stock of Apple, Chipotle, Spotify and Peloton. And Nick owns stock of the RealReal and beyond, the protein based plant company.

[C]

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