🥊 “Stock Fight Club” — Underground trading league. Wardrobe investing & cataloguing. Lime’s pothole IPO. +MBA 50% Off

Summary

Podcast Summary: The Best One Yet

Podcast: The Best One Yet (Nick & Jack Studios)
Episode: 🥊 “Stock Fight Club” — Underground trading league. Wardrobe investing & cataloguing. Lime’s pothole IPO.
Date: May 14, 2026
Hosts: Jack Crivici-Kramer & Nick Martell

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Episode Overview

This episode dives into three of the most intriguing, surprising, and relevant business stories of the day—in classic TBOY fashion, blending sharp pop-biz takes and a playful, conversational style. The show covers innovative wardrobe-tracking apps that turn your closet into an investment portfolio, Lime’s highly anticipated scooter company IPO and its literal and metaphorical pothole problems, and an outrageous “Stock Fight Club” where investing becomes a spectator sport. The episode also touches on MBA tuition discounts, cultural trends in gambling, and offers listeners a fresh perspective on today’s changing economy.

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Main Stories & Discussion Points

1. Wardrobe Investing & Closet Cataloguing

(Starts ~05:33)

Key Insights

• Value Tracking for Clothing

  • The RealReal’s newest feature allows you to track the real-time resale value of clothing in your personal wardrobe, treating your closet like a financial portfolio.
    • “Price alert. That cashmere sweater you own, it has doubled in value. Sell now.” (Nick, 00:44)
  • The majority of clothes lose value, but secondhand luxury goods may sometimes rise in price, just like certain stocks.
    • “Why not treat stilettos like stocks?” (Jack, 06:14)

• Apps for Closet Management

  • The RealReal focuses on resell value, sending alerts when a piece spikes.
  • Index is designed for outfit tracking and optimizing wardrobe usage—think efficiency, not resale.
    • “Index can save you money and save you time with your wardrobe.” (Jack, 07:34)
  • The concept of a “work uniform” for time management gets a tech upgrade. Cataloguing with apps presents a high upfront effort (“the hump”), but can streamline future decisions.

• Behavioral Economics of Closet Management

  • Getting all your clothes catalogued is a classic “hump” project: high upfront effort for strong sustained benefits.
    • “We call these humps things with a huge upfront setup cost. But then if you can get over that, long term benefits for the rest of your life.” (Jack, 09:59)
  • Other comparable “hump” benefits: making a will, setting up a password manager.

Notable Quotes

• “So you'll open up the app and it'll say, Jack, you haven't worn that Henley in 18 months. Time to say goodbye to that thing, my friend.” (Nick, 08:22)
• “Everyone has that bottom drawer graveyard.” (Nick, 08:49)
• Takeaway:
  • “Get over the hump. Hard up front. Major potential.” (Jack, 09:16)

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2. Lime’s “Pothole IPO”: The E-Scooter Business Goes Public

(Starts ~10:20)

Key Insights

• Lime’s Business Journey

  • Lime, after weathering a COVID bust, is filing IPO paperwork, targeting a $2B valuation (below Bird’s pre-pandemic $2.3B).
    • “Lime is now IPO-ing, targeting a $2 billion valuation.” (Jack, 11:11)
  • Primary competition Bird went bankrupt two years after going public via SPAC—Lime chose the traditional IPO route.

• Unit Economics Unpacked

  • The show breaks down Lime’s revenue and profitability:
    • Revenue per scooter per day (RVD) up from $6.23 to $7.47 (much higher in top cities).
    • Operating cost per scooter: $3.51/day; vehicle cost: $1,300.
    • Payback/breakeven point: about 12 months per vehicle.
      • “So on average, a Lime bike or E scooter makes a 50% profit margin for each ride that it takes.” (Jack, 12:58)
  • Scooters are profitable at the vehicle level—but never an annual company profit due to massive overhead.

• The Real Obstacles: Potholes

  • Lime’s IPO explicitly lists potholes—the actual street kind—as a “material risk.”
  • Other risks: vandalism, theft, and public disrespect (e.g., scooters thrown into bodies of water).
    • “Lime listed physical potholes on the streets as a material risk to the business.” (Jack, 14:39)
  • The true competitive threat isn’t rival companies, but infrastructure and human behavior.
    • “But the enemy of that mission ain’t competition, it’s potholes.” (Nick, 15:30)

Notable Quotes

• “Will Lime stock rise after the IPO? It depends on potholes, both literal and metaphorical.” (Jack, 15:33)
• Takeaway:
  • “Potholes will make or break the scooter business.” (Jack, 14:25)

---

3. Stock Fight Club: Investing as a Live Esport

(Starts ~17:52)

Key Insights

• Underground Stock Trading as a Spectator Sport

  • In Lower Manhattan, a weekly, VC-backed, invite-only “Stock Fight Club” transforms a boxing gym into an investing coliseum—complete with drone cameras and a live audience.
    • “This story is like if Fight Club and Twitch had a baby but raised by GameStop and Gladiator.” (Jack, 18:38)
  • Eight traders, $25,000 simulated money, high-stakes trades in real time; audience bets along.
  • Winner gets $10,000 and a real ornate samurai sword.
    • “The winner gets 10,000 bucks in prize money and an ornate Japanese samurai sword.” (Nick, 19:55)

• Cultural Context: The '50 Cent Economy'

  • The event captures a broader shift in American priorities: money has overtaken patriotism, religion, family, and community as the most important value for many.
    • “While patriotism, religion, family and community have fallen in importance to most Americans, money has risen massively in importance.” (Jack, 21:18)
  • Gambling and speculation have been normalized and gamified, especially among Gen Z.
    • “Nothing captures that shift in American values and pursuits quite like this story.” (Nick, 21:28)

Notable Quotes

• “Rule number one of stock, don't talk about secret underground investing Stock club.” (Jack, 19:37)
• “We’d call this, ironically, the $0.50 economy.” (Jack, 21:41)
• Takeaway:
  • “It's the 50 Cent account. As in the rapper 50 Cent...” (Jack, 20:45)
  • “Get rich or die trying.” (Nick, 22:22)

---

Additional Memorable Moments & Quotes

• MBA Discounts (“Business School Deflation”)

  • Some mid-tier business schools (UC Irvine, Purdue, Johns Hopkins) are offering 38–50% discounts on MBA tuition due to declining demand.
    • “Johns Hopkins business school, they launched a 50% off Master's deal.“ (Nick, 02:09)
  • “Business schools are treating MBAs like TJ Maxx right now.” (Jack, 01:51)

• AI Chatbot Credit as a Credit Card Perk

  • American Express is now offering $300 in ChatGPT credit with its Platinum Card. (23:27)

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Timestamps for Key Segments

• Wardrobe Investing & Closet Cataloguing: 05:33–10:06
• Lime’s Pothole IPO & Economics: 10:20–15:40
• Underground Stock Fight Club: 17:52–22:22
• MBA Tuition Discounts: 01:42–02:54

---

Notable Quotes with Attribution & Timestamps

• “Price alert. That cashmere sweater you own, it has doubled in value. Sell now.” – Nick (00:44)
• “Why not treat stilettos like stocks?” – Jack (06:14)
• “Everyone has that bottom drawer graveyard.” – Nick (08:49)
• “We call these humps things with a huge upfront setup cost. But then if you can get over that, long term benefits for the rest of your life.” – Jack (09:59)
• “Lime listed physical potholes on the streets as a material risk to the business.” – Jack (14:39)
• “Will Lime stock rise after the IPO? It depends on potholes, both literal and metaphorical.” – Jack (15:33)
• “This story is like if Fight Club and Twitch had a baby but raised by GameStop and Gladiator.” – Jack (18:38)
• “We’d call this, ironically, the $0.50 economy.” – Jack (21:41)
• “Get rich or die trying.” – Nick (22:22)

---

Conclusion

This TBOY episode delivers on its promise to brighten your day and update your business brain, blending sharp analysis with cultural context and witty banter. Whether it’s turning your closet into an asset, betting on the fate of e-scooter profits, or watching a new generation gamify Wall Street, Nick and Jack help listeners make sense—and have fun with—the pop-biz news shaping our world.

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For listeners who missed it:
You’ll walk away with fresh, actionable perspectives on the financialization of everyday life, the economics of scooters, and America’s wild new “get rich, or die trying” culture.

Transcript

[Nick]

This is Nick, this is Jack. It's Thursday, the new Friday, May 14, and today's pot is the best one yet. This is a T boy.

[Jack]

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

[Nick]

President Trump has landed in China with like a dozen American CEOs on board.

[Jack]

Air Force One actually did a pit stop in Alaska to quickly pick up Nvidia's Jensen Huang, who he almost forgotten.

[Nick]

It's like a scene out of Mission Impossible 9. They, like, had him climbing up the helicopter.

[Jack]

Nick, there's a lot of market cap on that aircraft.

[Nick]

Oh, yeah, yeah, there is, Jack. But three fantastic stories for today's T boy. Jack, what do we got on the best show in biz?

[Jack]

For our first story, new apps are cataloging your closet to save you money or make you money with your wardrobe.

[Nick]

Price alert. That cashmere sweater you own, it has doubled in value. Sell now.

[Jack]

For our second story, Lime. The network of shared E scooters just filed to ipo, but they say they face one huge risk.

[Nick]

Potholes. No joke.

[Jack]

And our third and final story. There's an underground stock trading league secretly streaming all the content from from a boxing gym in lower Manhattan.

[Nick]

Besties, you have 30 minutes to make a profit or you're knocked out.

[Jack]

And the winner gets a samurai sword. This is a true story as well. And it's wild.

[Nick]

It's a real samurai sword.

[Jack]

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

[Nick]

Wonderful mix. No one else doing the mix. Love it, Jack.

[Jack]

This week, faculty at Harvard University voted on whether or not to cap the number of A's professors can award to 25%.

[Nick]

Because get this, currently 60% of Harvard students are getting A's.

[Jack]

We'll know the results of that vote on May 20. But there's a funny situation in higher

[Nick]

education, and it's the opposite of all that grade inflation.

[Jack]

It's business school deflation.

[Nick]

That's right. According to the Journal, business schools are giving huge discounts right now, up to 50% off.

[Jack]

Business schools are treating MBAs like TJ Maxx right now.

[Nick]

Follow us on this. UC Irvine's business school, they dropped the price of their MBA program 38% for

[Jack]

out of staters, that's an $18,000 off sale.

[Nick]

Or, Jack, how about Purdue's business school? They're 40% off next fall.

[Jack]

That is a 24,000 DOL tuition discount.

[Nick]

Oh, you gotta love this one. Johns Hopkins business school, they launched a 50% off Master's deal. If you're from the state of Maryland,

[Jack]

is Booth Gonna offer a BOGO deal. What's next?

[Nick]

You and your buddy Timmy apply together and you enroll for the price of one.

[Jack]

Buy one year, get the second year free.

[Nick]

Now besties Jack. And I should point out the top 10 business schools are still charging Porsche prices.

[Jack]

Stanford's not on the sale rack yet.

[Nick]

No, it is not. But in this economy, people don't want to quit their jobs.

[Jack]

With artificial intelligence, people are job hugging.

[Nick]

So you're not switching from earning money to spending money.

[Jack]

Anxiety is up. Demand for two years to take an MBA is down.

[Nick]

And that's why deans are acting like car dealers right now.

[Jack]

What do I gotta do to get you down to Harvard? Business School?

[Nick]

Besties Tuition deflation. Never thought we'd see the deck.

[Unidentified Guest or Producer]

15 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 a norm Jack, 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 Liz if you know, you know. Cause we read to go we can't wait no more so just start the show start the show, start the show.

[Nick]

First, a quick word from our sponsor.

[Jack]

Netsuite by Oracle yetis this is AI Nick. That's kind of my R2D2 voice. Just kidding.

[Nick]

It's you and Nick and you and Jack. But you probably want to know how to make AI work for you and

[Jack]

have the output not feel like R2D2 just malfunctioned on you.

[Nick]

Well, check out Netsuite by Oracle and you can put AI to work today.

[Jack]

NetSuite is the number one AI cloud ERP. It's trusted by over 43,000 businesses.

[Nick]

It's a unified suite that brings your financials, commerce, HR and CRM into a single source of truth.

[Jack]

And now with NetSuite AI connector, you can use the AI of your choice that you're already using to connect to your actual business data. If you ask it a question about your business, it'll probably know the answer.

[Nick]

This isn't another bolted on tool. It's AI built into the system that runs your business.

[Jack]

It'll automate processes, deliver insights and keep you ahead of the company.

[Nick]

Robotnik and robotjack both very impressed.

[Jack]

If your revenues are at least in the seven figures, get your free business guide demystifying [e-mail] tboy the guide is free to use at netsuite.com tboy netsuite.com tboi monarch.

[Nick]

All right, Yetis, you're never gonna be able to guess how many accounts Jack has linked to monarch. 31. Are there even that many, like, financial products out there? Yetis, he's got credit cards, checking accounts, brokerage accounts, retirement accounts, 529 college savings

[Jack]

account for each kid and my nieces and nephews. Nick.

[Nick]

Okay, I'm rounding up. Does that get us to 31? Where are we?

[Jack]

Don't forget my mortgage, my house, the car I own. They're all linked and all their values in Monarch.

[Nick]

You see, besties. Jack actually linked everything to Monarch one year ago during a little bit of spring cleaning.

[Jack]

Until I used Monarch, I had a very messy, very chaotic spreadsheet. But now they're clean, synced, and automatic.

[Nick]

Basically, Jack went full Marie Kondo on his finances, and he did it with Monarch, which can do your financial spring cleaning for you.

[Jack]

One dashboard that gets your entire financial life organized. No more clutter, no more mess, no more scattered logins. Just logins. Investments, property, and more all in one place.

[Nick]

Get your first year of Monarch for half off, just 50 bucks with promo code tboy.

[Jack]

Use code [e-mail] to get your first year half off at just $50.

[Nick]

That's 50% off your first year at monarch.com with code T. Boy. For our first story, the RealReal just launched a real time price tracker for the clothing in your wardrobe.

[Jack]

Bigger trend, though, Closet cataloging. You can save money and time in your closet, but only if you can climb the hump.

[Nick]

Oh, Yetis. Imagine you're walking through your house, and suddenly you get this ping.

[Jack]

Your phone vibrates, and it says, the Chloe Paddington bag that you own is surging in price. You can sell it right now for double what you paid profit.

[Nick]

Puppy besties. We track the markets minute by minute, to the penny, but we have no idea about what's in our closets.

[Jack]

Why not treat stilettos like stocks? Why not clothing is an ass interact with daily? But we're all clueless to the value of the stuff in our closet.

[Nick]

That's right, Miranda Priestley. And with secondhand online markets that dress don't just fall in value, it can climb in value.

[Jack]

Which is why the online reseller, the RealReal, just launched my closet. It's basically portfolio management for fashionistas.

[Nick]

Here's the strategy. Basically, treat your pants like a portfolio. You upload your closet's inventory. You get AI Alerts if something on that hanger spikes in value.

[Jack]

So you can end up long Gucci, sell Prada, and Hold Tory Burch Bottega

[Nick]

Veneta handbags popping off like meme stocks right now, Jack.

[Jack]

However, most of the clothing we own doesn't go up in value ever. It only goes down, doesn't it?

[Nick]

Nick, I want to call you out on this visual podcast. Jack, was that a hole on the lower left side of that cashmere sweater right there? My friend looking at you ripped elbow in my favorite crew neck.

[Jack]

But there's now also a portfolio app for your rags. In fact, the New York Times Wirecutter just reviewed it.

[Nick]

Here's how to think of this new concept. Yetis. The RealReal is for tracking your clothes

[Jack]

resale value, but Index is a new app for tracking your clothes period, so that you can plan what to wear and optimize your wardrobe.

[Nick]

But Yetis, here's the difference in the value props between these new concepts. The RealReal can make you money on your wardrobe, as we saw with those handbag price surges.

[Jack]

But Index can save you money and save you time with your wardrobe.

[Nick]

Yeah, let's dive in. T boy style Yetis, you may have heard of the concept of having a work uniform. Full disclosure. Already do this kind of, you know, just switch the color, but it's the same oxford shirt every day.

[Jack]

A lot of people who are extreme optimizers try to save their time in the morning by not having to decide what to wear. So they wear the same thing to work every day.

[Nick]

I'll take it as a compliment, Jack. But instead, this app can tell you what to wear, saving you time but still mixing up your Layla look.

[Jack]

You can get the benefits of a work uniform, but diversify what you wear every day because the app tells you.

[Nick]

Jack and I call this strategy closet cataloging. And apps like this won't just tell you what to wear each morning, they'll

[Jack]

track your usage because you have manually uploaded a picture of everything in your wardrobe. The tops, the bottoms, the hats, the accessories.

[Nick]

So you'll open up the app and it'll say, jack, you haven't worn that Henley in 18 months. Time to say goodbye to that thing, my friend.

[Jack]

Condo style. I was actually sweater heavy, Nick, so I rebalanced my portfolio by buying three linen button ups or besties.

[Nick]

This app will tell you the World cup starts next month, May. You should wear that soccer kit that you bought four years ago and forgot about.

[Jack]

We all have a bunch of things in our closet we forgot we even had. This index app will be like, yo, maybe you should try that thing. Freshen up your look once in a while.

[Nick]

Everyone has that bottom drawer graveyard.

[Jack]

But the app can also tell you what to pack for your Italy vacation and plan what you're gonna wear each day.

[Nick]

So besties, what we're describing here is a new phenomenon like a stock portfolio. Your wardrobe has thousands of dollars of value, but you don't even know what is in it.

[Jack]

Which is the opportunity for closet cataloging.

[Nick]

Saving you by taking your wardrobe further. So, Jack, what's the takeaway for our buddies who are doing closet cataloging?

[Jack]

Get over the hump hard up front. Major potential.

[Nick]

You see, Yetis, Jack and I think cataloging your closet is a financial trick shot, as we call it. Very little cost, but hugely improves your overall life.

[Jack]

But we're deterred from doing projects like cataloging our closet because of the high setup cost. It's going to take a few hours and we call this the hump.

[Nick]

The hump. So besties, if you can get over the hump, then it's all downhill after that. A never ending economic and mental health benefits cycle.

[Jack]

For example, creating a will, that's a hump. You have to do it once and that takes time and money.

[Nick]

You do it once, but then you stop being that person who technically has nothing to leave their kids.

[Jack]

Or setting up a password manager that can feel like a hump.

[Nick]

One afternoon of pain, but then you never get locked out of a website again.

[Jack]

We call these humps things with a huge upfront setup cost. But then if you can get over that, long term benefits for the rest

[Nick]

of your life, it's the hump hard up front. Major potential. For our second story, grab a helmet and knee pads. Yeti's Lime, the scooter company is finally going public.

[Jack]

The question isn't whether micromobility works, it's whether it'll be stopped by potholes.

[Nick]

Oh, but Jack, remember back in the day when we first started this podcast and unicorns were rare?

[Jack]

It was a big deal. If a company hit a $1 billion

[Nick]

private val back in 2018, Lime hit a $1 billion valuation.

[Jack]

It became a unicorn just 18 months after launching in San Francisco. I think that was a record at the time.

[Nick]

See, Silicon Valley thought that e scooters shared. E scooters were the future of transportation.

[Jack]

So Google, Uber, and Andreessen Horowitz all invested in Lime.

[Nick]

There's a whole new category called community electric micro mobility. If you want to be technical about

[Jack]

it, MBAs who wanted to get rich while also saving the world loved this concept. One less taxi ride at a time.

[Nick]

Yeah, there's no better flex than Rolling up to a date night at Dorsey on a two wheeler of a scooter.

[Jack]

But after a pre pandemic boom for Lime and then a Covid bust for Lime, Lime is now ipoing, targeting a $2 billion valuation. They just filed their paperwork on the NASDAQ.

[Nick]

Now, their arch rival, Bird, went public back in 2021 at a $2.3 billion valuation. And Jack, what happened to our buddies over at Bird?

[Jack]

I was gonna say like two birds with one stone, but there's only one bird with one stone.

[Nick]

And they went bankrupt two years later. Sold the scooter biz for scraps.

[Jack]

Lim at that with Bird, waited four more years and is now going public the right way with a traditional IPO, not a SPAC.

[Nick]

And so far, Lime has traction.

[Jack]

It's CEO'd by an ex Uber guy, and one out of seven Lime rides is booked in the Uber app, thanks to a partnership.

[Nick]

So where's their growth coming from? Well, they've been studying abroad in Europe, and it's been paying off for Lime.

[Jack]

The United States, the UK and France represent over half of the company's revenue, but they're in 29 countries, and revenues have grown three years straight.

[Nick]

Now, Lime is still losing money, but the cash flow is positive. And they're growing. Going faster than 15 miles per hour.

[Jack]

Nick and I were excited to cover this IPO because we're really interested in the unit economics of Lime.

[Nick]

We haven't covered an IPO in so long. So the unit economics are when you break down the business into its simplest form. And Jack, what's the simplest form here?

[Jack]

In this case, it's a scooter. How much revenue, cost and profit is associated with the average Lime scooter?

[Nick]

Okay, so, Jack, let's focus on the RVD. The revenue per vehicle per day, it's

[Jack]

risen from $6.23 over the last three years.

[Nick]

Now, besties, that is a sign that the average scooter is handling more rides per day. They're putting more junk on that trunk.

[Jack]

$7.47 of revenue per scooter per day. But in their top two cities, it's three times as much money made. 22 bucks per vehicle per day.

[Nick]

Okay, so that's on the revenue side.

[Jack]

But on the cost side, it costs

[Nick]

them $3.51 to operate each vehicle every day.

[Jack]

So on average, a Lime bike or E scooter makes a 50% profit margin for each ride that it takes.

[Nick]

But, Jack, we gotta add in the cost of getting that scooter, and each lime vehicle costs 1,300 doll.

[Jack]

So at the current rates, the break even on a Lime E scooter or an e bike is 12 months. That's how long it takes to pay for the cost of the vehicle.

[Nick]

Sit down, stand up, and stay standing on that scooter, Jack. That's not too shabby for these guys.

[Jack]

That sounds really good. So why has Lime never had a single year of profitability?

[Nick]

That's because of the overhead. Employees, facilities, insurance, legal, marketing, all those fixed costs.

[Jack]

So if Lime can keep scaling, spread those fixed costs Nick just mentioned, over more and more rides, then it will reach its final destination of profitability. Give me that Cha ching button.

[Nick]

You have arrived at profitability, my friend.

[Jack]

So Lime needs more scooters in more cities, generating more rides per day.

[Nick]

And the key to making that happen is the Lime Pass, that is their KPI.

[Jack]

People who pay for that Lime subscription take six times as many trips as people who don't pay for the subscription.

[Nick]

And if lime can hit $22 in revenue per vehicle per day in all of its cities, then Lime would finally be a profit pupp.

[Jack]

So converting casual riders to Lime subscribers, or Key Limes, if you will, is key to Lime's stock's future. Otherwise, could become a lemon.

[Nick]

So, Jack, what's the takeaway for our buddies over at Lime?

[Jack]

Potholes will make or break the scooter business.

[Nick]

Oh, yeah. You know, Jack and I, we love to do a control F in the IPO paperwork to see what unusual words pop up. And this time, we noticed a funny one. Potholes.

[Jack]

Lime listed physical potholes on the streets as a material risk to the business.

[Nick]

True story.

[Jack]

First time I've seen IPO paperwork complain about potholes.

[Nick]

Yes, actual potholes make the scooter bike and riding less useful. But metaphorical potholes are also a risk to this business.

[Jack]

Theft, vandalism, and public disrespect of the scooters themselves is a huge issue for Lime.

[Nick]

Yeah, you know what we're talking about. We treat things we own very well. But many Americans treat public or shared property like. Well, like scooters.

[Jack]

So Lime. Lime's other risk is not the business itself, but human behavior and disrespect for their products that are left on the sidewalks.

[Nick]

This was also wild. Lime's IPO paperwork explicitly cites vehicles being thrown into bodies of water as a sign of public resistance to their scooters and bikes on the streets.

[Jack]

So the key for Lime to hit profitability is more scooters in more cities and more rides per day.

[Nick]

But the enemy of that mission ain't competition, it's potholes.

[Jack]

Will Limestock rise after the ipo? It depends on potholes, both literal and metaphorical.

[Nick]

Now a quick word from our sponsor,

[Jack]

Lisa.

[Nick]

Sleep Alright, Yetis. You may not notice this from Jack's voice, but he's become a nocturnal foam roller, haven't you, Jack?

[Jack]

Definitely don't notice that from my voice, but I will tell you that every morning I wake up with an uncomfortable back of my neck situation. So I preemptively foam roll to try to fix my bad neck. I know I'm gonna have.

[Nick]

Yeah, we record this podcast standing up. It's a standing pod. We can't afford like a nasty neck situation, Jack.

[Jack]

But there's definitely a better solution to my preemptive foam rolling. How about a Leesa mattress?

[Nick]

Yeti spring is the time to upgrade. And how about that thing that you spend a third of your life on?

[Jack]

So with my new Leesa mattress, I sleep on my back and my neck crankiness is gone.

[Nick]

Yeah, we both got these things. But first we picked it out after completing a short survey on Leesa.com because

[Jack]

each Leesa mattress is designed with specific sleep positions and feel preferences in mind,

[Nick]

you take the sleep quiz from Leesa and you get recommended a mattress in two minutes. It's like talking to your.

[Jack]

But Nick, can we talk about how fun the unboxing experience is?

[Nick]

Oh, it's a joy. It's a joy, Jack.

[Jack]

The mattress expands like a Michelin man.

[Nick]

So go to leesa.com for 30% off your select mattresses, plus get an extra 50 bucks off with promo code T Boy exclusive to our listeners.

[Jack]

That's L E-E-S A.com promo code T Boy for 30% off select mattresses, plus an extra 50 bucks off.

[Nick]

Support the T boy show and let them know that we sent you after

[Jack]

checkout Lisa.com, promo code tboy.

[Nick]

Top hats, baseball hats, Von Dutch hats. We wear so many hats on this podcast. Honestly, we're not great at all of them.

[Jack]

No, we've been avoiding hiring someone to wear those hats instead of us. Especially the Von Dutch one. Because hiring and training can take forever.

[Nick]

Well, Brad, to say that we are hiring right now at T boy and this is a job for indeed sponsored jobs.

[Jack]

Because sponsored jobs posted directly on Indeed are 95% more likely to report a hire than non sponsored jobs.

[Nick]

So besties spend less time searching and more time actually interviewing candidates who check all your boxes. Less stress, less time, more results.

[Jack]

When you the right person to cut through the chaos. This is a job for Indeed sponsored

[Nick]

Jobs and listeners of the show will get a $75 sponsored job credit to help get your job the premium status it deserves@ Indeed.com podcast.

[Jack]

So just go to Indeed.com podcast right now and support our show by saying you heard about Indeed on this podcast.

[Nick]

That's indeed.com podcast. Terms and conditions apply. Need a hiring hero? This is a job for indeed sponsored jobs. For our third and final story, there is an underground stock trading fight club with drone cameras, live streaming and samurai swords.

[Jack]

Investing is now a spectator live streamed sport that you can bet on and so is our entire economy.

[Nick]

Yetis. Let's go to Google Maps Lower Manhattan just outside Wall street is a boxing studio where actually my sister once trained

[Jack]

the church street boxing. But on Thursday nights, instead of two boxers in the ring, there are eight computers.

[Nick]

That's right. And next to the dumbbells in the squat rack are VCs and finance bros. Trading stocks and cryptos.

[Jack]

This story is like if Fight Club and Twitch had a baby but raised by GameStop and Gladiator.

[Nick]

Oh, that's right because there is a cheering audience in the balcony and drones flying overhead to stream the action live.

[Jack]

There's a play by play commentator like on espn. Julia buys Ethereum. She sells Carvana. She dunks the Coca Cola meme coin call options.

[Nick]

And while the players are investing in the ring, spectators are betting on the poly market.

[Jack]

It does seem like the scene from the Coliseum and the Gladiator, but instead of Maximus Decimus Meridius, it's Roaring Kitty.

[Nick]

Are you not entertained besties?

[Jack]

The Wall Street Journal got inside this underground Wall street trading rave and it is the frontier of esports and finance.

[Nick]

At besties, this is where players don't use their real name from LinkedIn, LinkedIn. They use nicknames. They use pseudonyms when they're playing.

[Jack]

The number one player at this competition is named Velvet Milkman.

[Nick]

It's the kind of place where the equivalent of a jab uppercut Punch is using 40x leverage to buy in and out of Bitcoin in seconds and score thousands of dollars in gains and losses.

[Jack]

Rule number one of stock don't talk about secret underground investing Stock club.

[Nick]

Okay, but Jack, what's the second rule

[Jack]

of this stock club? Well, the rules are that eight players compete. They're each given $25,000 of fake money and at the end of three 30 minute rounds of trading, the person who grew their fake money the most wins the competition.

[Nick]

And that is after all, the gatorade sweat and Zint pouches. The winner gets 10,000 bucks in prize money and an ornate Japanese samurai sword.

[Jack]

But you also get some bragging rights that you turned $25,000 of Monopoly money into 50,000 on that slick Doge move. As the audience roared with approval, you

[Nick]

see what Marky Mark from Morgan Stanley pulled off? Not too shabby Milkman.

[Jack]

The competition is run by a venture capital backed startup called Legend, which does

[Nick]

social trading and based on what the investors have said, it's basically capitalizing on a tidal wave of trends.

[Jack]

Gen Z loves the Internet, social media, live streaming and finance. That's what this is.

[Nick]

So yes, this is a 25 year old's gamification of finance with the vibes

[Jack]

of ESPN Neocho, but it's also giving

[Nick]

Hunger Games So Jacqueline, what's the takeaway for our buddies over in the wild secret underground stock trading fight club?

[Jack]

It's the 50 Cent account. As in the rapper 50 Cent, Yeti's

[Nick]

50 Cent's debut rap album, it was Get Rich or Die Trying. He also made a movie with that

[Jack]

same name, and 20 years later, that lyric defines today's broader culture.

[Nick]

You see, with the conventional American dream of getting a house feeling out of reach, the alternative is get rich quick and that's more popular than ever.

[Jack]

In an article this week, Axios noticed things that we used to call sin, like gambling is now everywhere available on phones. Instantly. Axio summed it up as Sin Nation.

[Nick]

But they also pointed out a really interesting survey result that Jack and I want to share with you.

[Jack]

While patriotism, religion, family and community have fallen in importance to most Americans, money has risen massively in importance.

[Nick]

Well, the way we see it, yetis nothing captures that shift in American values and pursuits quite like this story.

[Jack]

Livestream Underground betting competition inside a boxing ring with people betting on the betting

[Nick]

with drones flying overhead to capture it all.

[Jack]

We'd call this, ironically, the $0.50 economy.

[Nick]

As in $0.50 get rich or die trying. Jack, could you whip up the takeaways for us for the New Friday the

[Jack]

RealReal now treats your wardrobe like a portfolio, while Index is your closet's personal style guide.

[Nick]

It's all about the hump high upfront cost. Major potential after these financial trick shots are humps.

[Jack]

Second, Lime is IPOing its e scooter business at a $2 billion valuation, which is still below their pre pandemic peak.

[Nick]

But it all comes down to potholes, literal and metaphorical, that are slowing the

[Jack]

E Scooter Dre and Stock Fight Club, a weekly live trading competition with betting and alcohol. For the spectators, it reflects the 50

[Nick]

cent economy that we're living in. Get rich or die trying.

[Jack]

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

[Nick]

I'm sorry, Chuck, is that white smoke coming up from the Capitol? Because we got a new chair of the old Federal Reserve.

[Jack]

Kevin Warsh was approved Wednesday by the senate in a 54 to 45 vote to lead our central bank.

[Nick]

Kevin is gonna succeed Jerry Powell, whose last day as Fed chair is tomorrow.

[Jack]

But after Al's gonna stick around, he's gonna remain on the board of governors to try to protect the Fed's independence.

[Nick]

Bring him some cupcakes on Friday. And second, did you notice Spotify go down for you yesterday?

[Jack]

Was it just us?

[Nick]

Because we found out what was going on.

[Jack]

Spotify launched Party of the Years, a celebration of their 20 year anniversary.

[Nick]

Basically wrapped. But for all the music you have ever listened to in your whole Spotify

[Jack]

life, it tells you actually the first song that you ever streamed. Do you wanna know what it is for me?

[Nick]

Talk to me.

[Jack]

What do we got? I don't know. No, because I got a joint account with Alex and it's really been a challenge for our relationship. And finally, American Express just tossed a new perk in their credit card, and it's artificial intelligence.

[Nick]

Ah, the credit card perk wars. AMex is adding $300 in ChatGPT credit to the platinum card.

[Jack]

We assume Chase Sapphire is going to add $300 of Claude to their credit card.

[Nick]

I mean, your move, Jamie Dimon. Your move, besties. When it comes to millennial metal cards, it is a perfect perk. Tit for tat. Now time for the best fact yet, which today is some T boy midweek trivia wrapped up, whipped up by Jack and me.

[Jack]

Spirit Airlines sadly went bankrupt last week, as we told you.

[Nick]

But do you know what happened to Spirit Airlines? 124 airplanes, most of them flew to one state.

[Jack]

Here's a hint. It's sunny 300 days a year.

[Nick]

Here's another hint. It has the lowest humidity of any state in the United States.

[Jack]

Where is the airplane graveyard? The answer is Arizona.

[Nick]

It's Arizona. So almost every Spirit airline right now is already hanging out in a carrier

[Jack]

in Arizona until some other airline buys it and hopefully spreads the rows out just a little bit to give us a tiny bit more legroom.

[Nick]

Yetis, you look fantastic for the new Friday. Jack, you are glowing over there. No one's gonna notice that hole. I promise you. No one's gonna notice that hole.

[Jack]

Yetis. If you wanna help grow the show, spread the word with Hyh T. Tell

[Nick]

a buddy wearing that same sweater as you today. Have you heard the best one yet?

[Jack]

Nick and I. See you tomorrow.

[Nick]

Can't wait. And before we go, a happy birthday to legendary Eddie, Maria Luisa Szakoski down in lovely Cor Chiba, Brazil.

[Jack]

And happy birthday to Sue Lohringer, the Prophet Puppy mom of North Carolina and Michael Haslam.

[Nick]

A belated birthday shout out. Sorry we missed it yesterday. We got your back today.

[Jack]

Happy birthday to TIKI Carolina turning 8 in Atlanta, Georgia. This kid loves loves Pokemon and the best one yet.

[Nick]

And JJ changed turning 12 years old on the way to hockey practice in California. Keep your eyes on the puck, stick on the ice.

[Jack]

Happy birthday to Caitlin Lee Thompson in

[Nick]

Chicago and Joshua Sui over in New Jersey.

[Jack]

Happy birthday to Sawyer Garside, Ben, a yeti since the snacks days over in Utah.

[Nick]

Sawyer, thanks for being with us. And Neil Job from Mumbai, India was also given some advice by us last year after he sent us an email. Jack, this Arsenal fan has been putting it to use.

[Jack]

And a big shout out to Pablo Valencia who started a new finance job in the entertainment industry down in Mexico city.

[Nick]

And Keelan Sey is graduated from Dr. Joaquin Garcia High School. Congrats Keelin.

[Jack]

Congratulations to Victor Maisano graduating from San Diego State University with that master's degree.

[Nick]

And a thank you to Roberto Adrian Fiero who created a price ocracy sheet based on our pricing gouging stories from the last few months. I mean this has been a while.

[Jack]

If you see pricing, say pricing. And to anyone else who celebrated something today, make it a T boy.

[Nick]

Celebrate the wins.

[Jack]

This is Jack. Nick owns stock of the Realreal and he owns some Ethereum and we both own stock of Spotify and we both own some Bitcoin. The Drop by GNC Yetis the wellness

[Nick]

space moves fast every day. An influencer is pumping some new product which is ironically named pump product and

[Jack]

it'll get you huge even if you don't lift it.

[Nick]

There's creatine in the colostrum in the protein.

[Jack]

GNC actually has experts who cut through all of that and hand pick what's worth your attention.

[Nick]

The new ingredients, new formulas and new brands in health and nutrition you need to know about.

[Jack]

The Drop is the section of GNC that curates the newest products to share with you what actually works.

[Nick]

We're talking trending ingredients, breakthrough formula stuff that's actually going to move the needle

[Jack]

on your goals, whether that's performance recovery or just getting huge.

[Nick]

So think of it as the VIP section of the supplement world. You're not waiting for something to blow up on TikTok to find out about it.

[Unidentified Guest or Producer]

You're already there.

[Jack]

Get a sneak peek at the newest formulas, flavors and brands coming soon to gnc.

[Nick]

New drops launch regularly, so there's always something exciting to discover.

[Jack]

GNC.com TheDrop is the destination to discover something new to try today.

[Nick]

Get the facts you can trust on what's new and trending.

[Jack]

Plan what's next by browsing the coming soon calendar of [e-mail] drop the protein in the colostrum.