Coup Barrymore | Group Chat News Ep. 798

All right, Kathy's, you know, we had a really nice discussion teasing what we're going to do today. Obviously, by now, you may or may not know, we obviously announced our ghost fundraise and you know, I think what we wanted to do today, we have Josh on here, Josh Kaplan, our co-founder, and fellow Kathy. Yes, sir. We wanted to really talk about a couple things. One, like, explain to people what we actually do. I think that'll be helpful because I don't really talk about it. Talk about the fundraising process itself because I think that was quite fascinating. And then lastly, really talk about how I think there's a lot of opportunity to be building with or on top of ghosts today. Love it. I'd like to start with the question. Okay, so the initial response and I'm sure we've seen it in a handful of group chats. When you see a headline number, D in Josh, just rate $30 million. Yeah, everyone thinks you're filthy rich. Yeah. Right? Yeah. Yeah, a lot of new phone calls. I got a lot of financial advisors. Let me tell you something what we are not. The vultures are filthy rich. And that's both personally and the business because I think even more so, what's more egregious is the amount of people that are soliciting us to spend the money that we raised. Yeah. In terms of services and products, services, product, real estate, you know, office space, things like that, like everything you name it, people are saying great, you raise this money, you have to spend it all immediately. Where Charlene who runs our finance is basically like, she like literally will call me out if I validated somebody. Those validations are expensive. Yeah. She'd be like, who's Joe that came by? Like, he's one last week. Yeah. I think the important thing and this is probably a good segue to, you know, this process is how important capital efficiency is now in today's environment. And so $30 million is not, okay, great, spend $30 million as fast as humanly possible to grow, which maybe there was a point in recent history where that was the case. Now what it is is it's buying you runway to build a sustainable business. And so we do believe that there is artificial growth that has to happen, right? That we have to grow faster than what is natural in a business like this. But that's because we believe this is a winner take all market. And so we have to do that in a way that's still responsible, that's still efficient, that's still making smart choices and investments in the right areas that pay off way later. And so for us, we don't look at this as great. We've raised all of this money. Now we can sit back and coast. It's the opposite. Yeah. Yeah. I think a good starting point because I don't know how many people listen to the podcast a year ago when you guys formerly talked about ghost. First of all, what is ghost? Give like the 60-second elevator pitch. Yeah. And then second, what's changed a year from a year ago to today where there's this like crazy interest and access to capital where people are like run and go and solve this. Yeah, I mean someone I just to give you, I'll explain to a ghost is, but after the headline, obviously new investors are hitting us up. And we're not taking meetings generally right now, right? Like we raise a capital, we want to be heads down building our business. And we mentioned that to someone today. He probably doesn't listen to the podcast. Definitely doesn't because he doesn't live in America. This guy just showed up. And he goes, usually everyone comes to me. I'm here. I won't like want to know what the hell you guys are doing. And I think that is a testament that what we're building is obviously peaked a lot of people's interest. So what ghost is is a private B2B marketplace. What does B2B mean? Okay, that is the word B means business. I'm saying there's people that won't know. No, okay, I'm giving you the fucking business. What is B2B? Okay, business to business. One business, selling to another business. So not consumer facing. We are not consumer facing. You as the consumer should never come to our site. Don't ask me what we have on platform. And yes, we have everything you could ever imagine. We have it. And people ask me, I'm like, old Kobe's from you. Do not ask me. It's a busy business. You go, I'll see. I do. So I think important. I'll take a quick step back between you two. You know, DNI as as group chat listeners, no ran fashion brands for a number of years. One of the biggest challenges that we had was inventory management, our demand planning, being able to understand the full scope of our customer demand and meet it. We were not alone. Every retail brand on the planet faces this issue. And it's probably the largest issue that they face on a daily basis. The one that's most ignored. And the reason why is because there's an enormous amount of complexity in the supply chain. And it takes a very long time to make physical goods. And so you're predicting a year or two years out what you believe your consumer demand is. And what ultimately ends up is more often than not, you're left with surplus inventory. Ghosts solves that problem because we have built a marketplace, a B2B business to business marketplace, where owners of inventory can list their goods. And then buyers on the other side can browse those goods, make their offers and inevitably purchase them. And what's really special about our marketplace is that it's built through a data-driven platform. So on the selling side, sellers have very limited understanding of what the demand is out there for their products in the business world, right? Whole-sale relationships. And they need to find new distribution globally. On the buying side, buyers have very little transparency on what these products are worth in the open market. And they have very little understanding of what other buyers are paying for these products. We've solved that problem and that's how Ghost has been able to grow at the rate that we have. And one of the key distinctions to there are people that have done things kind of adjacent to us. A key element to our business is that we are a private marketplace. So we work with some of the biggest best brands on earth and some of the biggest retailers on earth. Nobody knows where who our suppliers are. It's very, very discreet in the way we operate. So to explain it, a seller on Ghost is a brand, a retailer, a manufacturer, a distributor, a wholesaler, a bankruptcy. Supply comes from all of these places. And so what we've done is aggregated like the best supply across apparel, footwear, beauty, and home goods. Anything you'd find in a department store? Yeah, just to break it down a little more simplistic for people that aren't in this industry. So obviously we've been in apparel. So we've faced this for 20 years. So even at the peak of young and reckless when we were the hottest brand in streetwear, you ordered five million dollars worth of goods in a quarter. You could be the hottest brand. You're still going to have goods that weren't sold. Yes. And this is what solves this problem. Yeah, where are those goods that aren't sold? Go. And so right now, there's a number of options. It put Ghost aside. You can sell it directly to TJ Maxx Burlington or Ross. Those are the three biggest players in the industry in America. You could sell to what is called a jobber. A jobber is basically someone that offers you pennies on the dollar for your inventory, but we'll take everything. You have a 10 million dollars with a product at retail. They'll give you 900 grand for it, 91% off. They will take possession of the inventory and then arbitrage it. They may sell 200 grand to Burlington, 500 grand to someone else and God knows where it ends up. So there's no transparency. So it's very, very scary for the best brands in the world to let go to someone that may put it in a channel that could conflict with their full price business because that's all everyone's trying to protect. And so what we're doing here is like we're giving full transparency and who the end buyer is. We are also giving them a lot of a lot more access to buyers. So we aggregated the supply and we've also aggregated the buying power. And so one man's trash is another man's treasure. And so what people don't realize is that you may have a brand that is completely dead in America and has excess inventory that someone in Korea wants it. Someone's in China wants it in Japan, Middle East, in London, in India, in Africa, in Australia. There's so many markets now because of social media, basically the same brands are popular everywhere now. And so people just need access. The one thing that we have done is we've unlocked access. We've democratized access to smaller and mid-sized businesses to get access to the supply. Well, before it was only access to the biggest retailers. And what happened during COVID was the supply was so big that the biggest retailers in the space couldn't take all of it anymore. Before you call Mary and TJ Maxx and she just buys everything. It's all good. But when Mary says no, what do you do? You're going to call Burlington. You got to go call Ross. You got to go call the 7,000 other people. But you don't know them because your job at your company is to focus on the full price business. And so there are very few companies where they have a team that focuses on liquidation. Like Nike has a team, you know, Procter and Gamba is a team. So like they have a little bit more understanding of all the alternate channels. Despite that, your example of Young and Reckless, let's take a brand we don't work with them. It's public news on running. I would argue on running is one of the hottest brands on earth. Last quarter, they announced publicly they have an inventory issue and they expect margin compression because of their access inventory. So even them, I've got to call Roger Federer get the intro. Yeah. Exactly. And so, so I think like what people don't realize is to your point that even the best brand struggle with it. And they're all looking for alternate solutions of where. Like there are people on Poshmark that do millions of dollars a month. They need supply. Yeah. There are people live streamers in China that do millions of dollars a month. There's power sellers on Amazon and eBay. There's so many places and all it is is access to the supply. And so that is the big unlock of what we do. The other big unlock is we are solving for all the problems I had as a founder. How do I find all the buyers? You know, hard is to find buyers. We used to pay to sit at a trade show and pray to God someone to walk by us. That was our business model. Can you imagine? Like that's the trade show business model. I'm going to pay a bunch of money. We're going to sit there, get drunk with a bunch of people and hope they walk by our booth the next day and they write us in order. That is a trillion dollar industry is retail. It's based on what? Good produce. Great time. And so what we're trying to do is like what are the efficiencies there? Like how do you aggregate the buyers? How do you, for example, you get a purchase order today from a retailer? You're mega retailer in America. They are asking for 30, 60 or 90 days to pay you. This entire industry is based on immediate liquidity. If you cannot offer an immediate liquidity, then you move on. So we finance that piece. So we're solving for a lot of problems. You don't know how to route goods to a retailer. We've read every routing guide. We can get your goods from any warehouse to any retailer. Yeah. Selling to explain the selling to Macy's or packs on their specific routing and strict guidelines. The tag us be here. The bar quit us to be here. And it's not just like simple as, hey, calling Macy's, you have to be a credited vendor. Yeah. You have to like go through the process of paperwork that the amount of the last year and a half, what we've done, which has given us the most is we are vendor with basically every major retailer in the world. So we got me excited when you guys were formulating the business before even launched was knowing how fragmented this market is and that hundreds of billions of dollars gets transacted in this way. Yeah. And I can tell you from personal experience through I've spent my entire adulthood in apparel. Yeah. I used to go to stairwells in East LA and collect 15,000 cash. Yeah. When we needed money. Yeah. Selling denim. Yeah. Like that is not very safe. Yeah. Yeah. Yeah. And it just seemed we didn't know any better. Yeah. By the way, the industry hasn't evolved much since then. Because that's still happening. Yeah. We're bringing like like the when when when you when you hear the business, everyone always like, how come no one's done this? You know why? Because everyone's making money. There's no like it isn't one of those industries where like needed to be disrupted, right? Like because everyone was making money. And so all we're doing is bringing way more transparency, which is extremely important to the brands. And I'll tell you like to piggyback on what you just said. The reason why it hasn't been disrupted is a Stanford computer science grad. Yeah. Won't know the intricacies of how this whole world works. Yeah. It takes two decades of being an apparel and being a merchant to understand it. Because if you're going, you could do this business as just a cash business, but to do it as a venture back business. Very different. And so one of the really interesting pieces there is the scale. When you think about the volume of products that go into every order, I remember one of our first investors, Equal Ventures, one of their associate Simran, it came flew to LA and spent time in one of our partners warehouses. And she knows our business and knew some of the orders that had been going through our platform. And I walked her through this one hallway in the warehouse that for as far as the I could see was, you know, dozens of pallets of sweaters. And she looks and she goes, oh, is like, are any of those sweaters that one order to, you know, is Burlington or someone like that? I go, no, that's all the Burlington order. And she's like, what do you mean? I go, no, the 45 pallets right there, that's the one transaction you saw yesterday. And so when you think about compounding the amount of inventory that goes into every single order, being able to then to your point about the routing guides and the shipping instructions and the freight forwarding and the dock to dock and the insurance and the financing that all goes into every single order, there's so much complexity in what we're doing is we're removing all of the complications and all the friction that goes into these purchases to eventually equate to buying the 45 pallets of sweaters with one click. And so people don't appreciate, like, I'll give you the analogy I like to use is that and a lot of Kathy's have businesses that sell online. And so think about how easy it is to create a product and sell on the internet today. Like, you could do it within a day. You can sign up for Shopify and someone could buy your shit tomorrow. Like, that's possible. You cannot flip a switch and get into retail. It's impossible. Instead, you go hire a salesperson. Salesperson, you know, jerks you around for two years. Get a guarantee and commission. Get guarantee commission. And then they may or may not have those relationships. Likely aren't very good. They're likely are not very good. And then you hope that they have the, you know, skill set to get you into some retailers and get access and get in front of them. With ghost, you get in front of retailers, snap of a finger. Like you were in front of retailers. We are like the most powerful sales tool I've ever seen in our industry. Like you people are like shocked sometimes. Like what we've done for them. I mean, we've literally moved a million unit order, which is like a million units in one fucking transaction. It's, it's really crazy. So you know, previously already raised a decent amount of money. Yeah. And a year later, you raised a very large sum of money. Yeah. So what's the story that not many companies, we have a lot of entrepreneurs obviously listen, raises much capital is you have in their entire career. Yeah. And they may go their entire career without raising this much capital. What's the confidence that you give an investor where they're like, we want to back you and hear 30 million that's a large sum of money. Yeah. So I've been told you're rich. And especially, you know, the other qualifiers like in today's environment, right? That's what everybody says. I think if we were to look through the timeline and you think about each stage, the seed round, the big takeaway was founder market fit, right? So you've talked about this. We have 35 years experience in this industry between the two of us. We know this world. We know how to solve the problems. We know the problems ourselves. We've experienced them. And it was founder market fit in the town, right? The total addressable market. How big is this, right? Venture in 2021 is looking for big multi tens of billions of dollar potential exit, hundreds of billions, hundreds of billions of dollars in a potential exit. Then the series A was a moment in time where we had proven that there is appetite for this service, appetite for this product. And what we needed to do was finish what we started, right? So we had early customers. We had real revenue. We had recurring customers. And now it's all right. Great. You've proven that this can work. Now prove that you can make it work. What we've been able to do that allowed us to raise that series B is prove that our customers are having better and better experiences on ghosts and they're coming back. Prove that word of mouth and referral is a sustainable go-to-market strategy. Prove that there's margin in here for us as a business and for our customers. And prove that we can do incredible hiring and team building because DNI can't just do this alone. And what's the expectation post this round from the investors? It's big. Like it is the numbers that we are kind of projecting for next year is put it like this. It's basically 25x of last year's. 25x of total gross merchandise value. Yes. Correct. Which is enormous. Yeah. You're telling us. That's why D that's why D looks like yes and slept in a week. And that's how I feel. And what's funny is is everyone's like are you relieved? And I'm like absolutely not. I'm fucking so stressed out. Yeah. And it's a good stress because it's exciting. Like we announced on Monday my phone is the who's who's brand of global brands hitting me up now. And I think it was it's a it was a very important because I'm very anti-press for the business because I really just want to build quietly because I know what we're doing is special. Like I've no doubt my mind this thing is going to be the biggest thing. I think what you know to Josh's credit he's like when you it does people still like the public validation it makes them feel warm and fuzzy. It's like a box checked. Okay. They raised a bunch of money. They they're in I basically forced him to do the article with tech crunch that's why because I was very anti it and because I just don't want I want I don't want like someone said like oh I don't want the attention obviously I do this podcast. I have no problem with attention. I love personal attention but for the business I'm very protected. Yeah because it welcomes competitive threat and you think all right if they're doing it right maybe we can try to take a little piece of that pie. Yeah and if you try to take a piece of the pie I'll fucking bite your head off. Let me tell you something. The next question are other competitors. There's no one doing so the competition Josh always makes a great point. The competition is either you work directly with these people today or you do nothing. There are people we meet that have inventory if they can't get the price and the right distribution they do nothing. The competition is actually doing nothing and by the way that's a very dangerous competitor because it's so easy to ignore this problem. You do it till when it's too late and the problem is like we look we have we're having success with high profile brands that is where high profile retailers high profile brands and those folks generally do not have to do anything because they're very profitable in the healthy businesses but the the story that we're telling them is if you do it when you're hot you'll get a higher recovery rate. If you do it when you're not hot no one's fucking with you. No of course. And then you're getting. Exactly. So liquidate with a very and thing is is like there's so many alternate channels today whereas like it doesn't necessarily need to end up at TJ Maxx. It can end up a thousand other places around the world that may value your brand differently. You know when we were in apparel running brands like the biggest false statement that I discovered after a handful of years is that manufacturers work on small margin. Once you uncover it they're at 60-70% margin. Everybody's making money. And they claim it's like oh we only have 10-20% margin. We can't negotiate in price. So that was like a very eye-opening thing because that was the rule. Everyone just said oh manufacturers don't you have no negotiating power. But there's like a billion manufacturers. Yes obviously. Then we're just clearly cash being made. When I've watched you guys build this here's the new fall statement that I've heard that I know is bullshit. High profile brands saying they just burn their excess inventory. Yeah. That's the biggest little bullshit I've ever heard of. Your CEO that's burning your excess inventory. You're a bad CEO. And I won't end the brand. Luxury brands historically have destroyed product. French, Italian, luxury brands. It's very publicly known. It is now against the law in the EU to do this. That doesn't mean you can't stick it on a boat to good ol' Bangladesh and torch it there. And for luxury brands they actually have the luxury of doing this. They can actually do it. They're so goddamn profitable. They have the margins. And to their point if you could get a Birken at TJ Maxx it's not good for their business. Everyone else I don't think and here's the interesting thing. We have sold massive volumes to discount retailers. And I have very high profile brands. And I will call the brand immediately after I'm like did this affect you in any way? Be honest. Did you get blowback? Did you get anything? And no one has ever complained. And what's interesting is is I take a retail like TJ Maxx. TJ Maxx is turning. If you ship them 200,000 units tomorrow they're turning all the 200,000 units in 30 days. 30 days. Brick and mortar. They're 10,000 stores. 200,000 units across. They'll be one small two largest in each store. You know four extra large. It'll be gone. It moves so fast. So like to the point is is like even if you're at a brand that's so high profile that you're like oh my god we would never sell to those stores. It's so quiet and it's so fast. It does not go look in TJ Maxx. Your favorite brand is in there. Of course. St. Laurent is in there. Gucci is in there. These brands sell to these stores. Your favorite brand sells to these discounters. Yeah. So I mean it's the exception not the norm. And you hear I've heard you guys this conversations. The people that have I think they have to say that just to like create a mistake around themselves. A lot of people still believe it. And the other big joke in clothing was your big in Japan. We have no retailers in the US. Yes. That's one school. Yeah. By the way we're going to help brands become big in Japan now. We actually doing it. We're actually doing it. But yeah I think that's so the exciting thing you know the one of the things I want to call out for Kathy's look if you work at one of these big brands you work at a big retailer you know feel free. Please reach out. I think we can we honestly are working with the biggest. And so we're very confident we can work with anyone. The other thing I would say is if you're at Entrepreneurial Kathy I will tell you that building on ghost might be one of the biggest opportunities I've ever seen in my life. What does that mean? Basically imagine if you could have been a seller on Amazon 20 years ago a seller like you figured out that peep this market place you could sell anything and you could build you know history as a successful seller like if you have it like an asin which is a skew on Amazon that has thousands of reviews it's like a real estate piece of real estate it just does business every single day right so it's a very unique position to be in if you were selling widgets on Amazon 20 years ago and then eventually third-party brands. Our industry we're not rocket scientists here like the game I play like Josh and his side of the team is a product engineering that's different they're actually rocket scientists. The game that I play we're hustlers it is a room full of hustlers and jokingly you live in and you live in a very nice neighborhood and you told me you went for a walk yeah yeah I think people know where you live. Kathy's definitely know where you live they know. The run club knows for sure and so the point is you went for a walk one day with your neighbor and you said that everyone in this neighborhood is in the off-price space including my landlord including your landlord is in the off-price space why is that is because it's an arbitrage industry that's all it is think about how many people like true the trading company of fucking medieval times ever trading companies they're buying and selling spices yeah they it's the oldest business right it's like a merchant being a merchant yeah today because there's so many channels to sell product you can open up a store you could sell it on Mercari Amazon Mercado Lee but I think there's a bazillion marketplaces ghost has the most insane supply and if you could figure out where to sell it a different country a marketplace and we approve you as a buy here it's a literally fucking gold mine and you just have to find a channel that our sellers will approve so where do people go ghst.io and if they're a Kathy do they get expedited yeah put in your like description you're a Kathy and we'll we'll take all the Kathy's to the top of the line and by the way if you saw the line that just got formed over the last two days there's no guarantee you can't offer a discount or you're going to offer an increased margin for a Kathy listener this is what we do on the buyers for sellers haven't been on the pond I know why I forgot sellers I'll do a reduced take rate it's good buyers you know we'll let's get you approved for us I'll figure out what to do and then I have one final question um unless you guys want to wrap up on something else the biggest question I think Kathy's want to know is are you now taking your credit card out absolutely are you traveling with a wallet are you paying for meals I'll pay if it's a customer I funny enough this came up like a few weeks ago where I forget where we were probably at the and I don't know if you can need to bleep that out or not yeah you probably do but the running joke for years has been that if we ever go to any of the Hwood spots uh that D does not bring his wallet right yeah talk about it on the pod all the time and a few weeks ago we had dinner with I think uh our bank and the check comes and D pulls out a wallet and I was shook I was like oh my god and D's like yeah he's like you know we got this yeah and I look at him I was like you're bringing your wallet around and he goes well you know for little series B yeah it's a funny so the one thing I do want to touch on was the fundraising process ultimately the fund that led the round is a firm called Cathay innovation whom they are incredibly strategic yeah they're based in Paris San Francisco Shanghai they have offices all over the world their investors if you go on their website are the most prominent consumer companies in the world so think Luriao caring group uh Anta and China Unilever and obviously strategically for us it's insane to be aligned with someone like this firm Cathay I don't know what fundraising like was like like two three years ago um we you know we we had a lot to tell you yeah you just like put a duck and say wherever Monday yeah exactly right and your lawyer we we we went through we were very fortunate we had in our CRM 85 funds hit us up no outbound 85 funds hit us up the tier one names in the industry and the amount of first calls second calls I see we had to do the level of diligence that was being done in this environment was insane like they really really wanted to dig deep into the business and understand it and ultimately why we and you know we ended up at Cathay was like they did one they did the most work but they actually understood what we were building yeah and like like they were they were a memo up on their site you guys want to read it Simon Wu is the partner at Cathay uh who's actually from sign California himself and like him and his uh kind of partner on the deal Brian that he brought on um very thoughtful like insanely well like I don't know how would you explain it like yeah I would say well we've been very fortunate to have in the entire duration of Ghost's life is investors our choice of investors for one so we're very fortunate to have in our seed in our A and our B we've had the option to choose and optimize for who we believed was the best partner at the time and so we had a haul from Eniac and Rick Zulu from Equal in our seed round that were such incredible zero to one investors and helped us understand how to get the business off the ground we got to choose Rebecca Caden from usv in our series a who is one of the foremost minds in this size of a business and being able to scale a business beyond series a to get to the promised land and usv um if you're not in tech it's Union Square ventures the founders Fred Wilson who's known as one of the greatest their fund is the best performing fund of all time their last fund yeah he's a legend yeah and partially and thanks to us the next fund will be one of the best performing of all yes absolutely but to get to sign in and Brian and the Cathay team it was so impressive to us the depth of our world that they were able to get to and to truly understand how complex this business is and what it takes to bring this business to the next level and i'll paraphrase another investor of ours that had a really great metaphor where there are many businesses that are a great idea that with great execution you can uh get pretty far we are a jetliner that needs to get off the ground and start flying and we've just started to do that but the opportunity is so massive that this is binary right either this is the biggest thing in the retail world or it's not and so Cathay is the type of business the type of investors that understand how big this opportunity is and what it takes for us to get there yeah very exciting but yes it was not easy process was not easy yeah i mean the amount of phone calls we had to do with investors meetings you know follow ups it was you know mentally it's it's taxing and then by the way you still got to hit your numbers every month and run a business around business yeah just a contrast environment of 21 so me and then he and Nas invests out of Queen's Registration Partners it's our personal vehicle it used to be a fun yeah we're not nobody's but we're not the biggest deal in the room yeah but people in tech know who Queen's riches i have had multiple calls with founders they said i have 15 minutes at two p.m. and say you have to tell me by six p.m. if you want to invest yeah that's what the environment used to be yeah yeah let me tell you those people can't get five cents now sure i mean we went in there with the incredible amount of humility and they wanted to know something we went to the work like luckily we have an incredible team that helped with it love Amy on our team and Charlene on our team like they like i mean i know i pretend i went to Harvard like it does make a difference if you went to Harvard it's these people are so fucking smart they actually went to Harvard they actually went to Harvard and do they have the flag in the office you know it's gone you know you know what you know what you know what people who go to like Harvard it's a flag uh i went to school in Boston i went to school in Boston i went to school in Palo Alto yeah i'm feeling i went to school in philly it means you went to you didn't depend like they purposely if someone says they went to school in Boston let me tell you they didn't go to fucking Babson or Boston University okay they went to Harvard i don't want to be a part of this conversation so perfect segue um one last thing and then i got to get back to work yeah because uh you know we got to do something with the series B uh careers yeah kathies are a gold mine of very talented we've hired some people we have hired kathies we've seen success with kathies our website ghst.io slash careers has every available uh job description i will forewarn you every job is in less angeles you are in office can you give a person on the team that they can DM where they know they're gonna get response to uh whether it's a yes or no i mean we we check the job board yeah it's like we're very active on it um and i think yeah every job is in L.A. in the office if you live somewhere else be prepared to move because we just cannot have remote cool congratulations guys thanks on yeah back to work back to work to you guys we have a terrible announcement yeah it's a great interview promised to judge indeed great job unfortunately with all that money we can't get a record button uh we just recorded half of the rest of the episode i looked up at the screen to see how long we had been recording i noticed we weren't recording i asked arey the attorney if we were recording your ass record any of it it's a bad omen for his law school career what's interesting is this one button record we do have someone you know potentially you know it training or you're learning the the process to to replace him it's kind of like you know the record button is yeah Josh we have a question can't do you know where the record button is i do i know higher welcome to the team so what's funny is is you know when you're when the new iphone comes out the old one stops working mm-hmm that's just what happened here oh that's yeah are you the phone 13 yeah we had some great content drama open the pod with ghost malone ghost me to show good show he's gonna get a face tat now you're gonna drink bud light starts smoking six well two beds everyone have a good weekend and just know we had a great episode we'll see you later okay so let's we're gonna try to recreate the jokes that we had which were fire because we started about talking about how india is celebrating being the fourth country to blame on the second time my point was ad thinks it's fake so sure maybe they rented out the same burbank soundstage that we did in the 60s yeah and it's not burbank by the way it's up look out mountain okay i drove oh sorry yeah yeah thank you and i saw a lot of indian pride this morning posting how proud they were the india landed on the moon and my commentary was like one of you ever been proud to be the fourth best at anything yeah and the Olympics you have a gold medal you have a silver medal and a bronze medal where's the fourth yeah especially the fourth country to fake being on the moon it's also true that's less impressive imagine they had the hundred meter dash or whatever and first second third tour across the finish line and then 50 years later oh you know hundred year dash 50 years later the indian probably didn't finish that's also true and they posted it you know we're very pro indian we push indian i push indian supremacy all day before the guy net worth it's not good you should i mean like slum dog millionaire one best picture yeah they want the fourth best picture no no they were first yeah they were first that's something indian should be proud of yep 100 percent so you think slum dog millionaire is a bigger accomplishment than by far okay it infiltrated American culture indians became cool yeah indian started getting roles in movies and tv shows all the CEOs came after slum dog exactly we're no indian CEOs before slum dog yep trailblazer plus it put the name millionaire next to slum to you know i really like elevated your guys brand yeah it's just it's really great it's elevated in indian culture that we were the fourth country to land on the moon and potentially not land you're photoshop skills by the way the photoshop skills are the pictures are are very sketch like when i look when i think about like if i were going to convince everyone i landed on the moon i would have such a different story to tell like visually there's like this one picture perfectly flying flag like i would show it raw because we know everyone takes maybe indian people don't know everything's fake well tiktoks band yes they don't even know they get brainwashed they didn't even get the conspiracy theories we do so that's what they really are they're just 50 years behind on propaganda yeah we did it 50 years ago and now they're like oh we know how this works you don't have to actually do anything just say you did it so indians won't even know get to see this tiktok they will not they just hear about it we're guys they're going to keep believing yeah we landed we're maybe india they're selling everyone in this first that's true they can be first on the first three yeah they might yeah that's a good point well look i mean we love india we love indians here on the pod but we got to keep it real when you love someone i think you be honest with them and tough love yes the fourth yeah tough love the fourth to fake the moon landing just isn't cutting it this week doesn't circle back and we'll see what we come up with next week and by the way just like i mean there's like the indian government not like they don't have their poke you know pulse on like the zeitgeist where everyone thinks everything is fake yeah like they found out they'd be so much less they're like damn we've been losing for years we've been behind no we don't have any of it we never got any idea well you in the previous episode we recorded 14 minutes ago you were mentioning what was the CIA oh yeah there's a video that the leaked on twitter today might be it's an old video he was he looked like the 80s and it's a CIA agent saying that he had thousands of journalists on payroll around the world basically spewing american propaganda and that was part of his role in the CIA you have to have a team that runs all the journalists rolling stone you know all the major publications and they painted cubans as being terrible people to push the anti communist uh propaganda so that we it's okay if we're out of Cuban missile crisis and you were wondering if we were we're all wondering if he's alive still there's an old video yeah it's pretty brazen to say all this in a public interview yeah and so your point is why the Indians have a better they yeah it's a better PR strategy let me tell you something about the CIA that's so impressive it's probably one of the best marketing agencies of all time thinking about how many movies and Hollywood are based off the brand is the United States of America yeah the marketing department is the CIA the CIA is literally the the agency of record for marketing of the United States and up until like three years ago I would say we were the Hermes of countries yeah yeah I mean we still are yeah we still are the as good as it gets yeah it's just you know we're having some trouble but you can't deny but imagine your marketing department could kill people imagine how you know big tremendous job tremendous job if your marketing department could like shoot planes out of this guy look I just want to say something a little controversial maybe I don't want to get into an argument but I just want to say it is on and I would argue okay here we go yep that the FBI pulling down posts from Twitter some that have proven to be potentially accurate with our current information is the same as a CIA agent having a rolling stone journalist on payroll it's still altering the message to get whatever your decided point across is that's why that was so scary to me yeah I don't think that's controversial at all okay I think I just didn't know if I was starting an argument with you or not and you're people yeah might people yeah the what the wokes yeah wokes you know they don't like we never talked about the Twitter files but I just to me the modern day all journalism is Twitter or social media and knowing that there was a direct contact that said hey take this down take this down take this down unquestioned it was taken down is very similar to a modern day version of saying hey rolling stone can you write about Cubans being shitty you know like it's it's still altering perceptions yeah when you open up your Twitter account are pretty much any news you have no idea what you're reading is real or fake so when you were talking about the Lex Friedman Elon that was not as the old episodes that was the old episodes yeah no that percent bring that up again okay so here's another thing we talked about in the last episode is Lex Friedman did an interview with Andrew Huberman which was very good I recommend everyone listen to it for total different reasons just great combo but Lex right before the interview had just got done doing a jujitsu session with Elon and he just happened to they didn't talk about it long but he just happened to mention like a sound bite about Elon which is that Elon believes that the most entertaining outcome is the most likely almost in a way it sounded like as like a simulation or like a determinism like it's going to happen anyways so you might as well maximize it so when they were talking about like the fight you know they're really going to have the fight at the Coliseum and are they really going to he just simply tries to do the most entertaining thing possible yeah so when you open up your phone and you start reading news like for example in the sports world right now there's a lot of sports meme accounts that just are totally fake but crack sports is probably ball sack ball sack but crack there's a bunch of these yeah they so that's the story I should just be watching not what actually happened in sports it's funny yeah it's entertaining yeah you'll have the most fun to to your point um if the entertaining outcome is the most likely then sad to say this video of Yvgeni foregosen is real which is the head of the Wagner group in Russia there's a video that just got released that his private plane got shot down yep but just like crash fell out of the sky like we don't video yeah we don't know we didn't see a missile we don't know but no there's a missile you could see it oh there is yeah oh my god okay well there's a missile attached to the jet engine unfortunately that is the most entertaining outcome um yeah you it's definitely clear it got shot down and there's a couple interesting things about this story a just a recap he tried to coup Putin a month ago two months ago some yeah but he was two hundred miles outside Moscow made a deal made a deal of Putin turned around Putin waited for the dust to settle and then shot his plane down yeah and how brazen it is for Putin to do this and not only do this but release the video yeah it was in Russia yeah that video doesn't have to come out yeah I think he has to set a reminder yes and that that piece of the story of what just happened makes me like feel like that this war is never going to end he's now they just got an extra burst of energy because now everyone on twitter is like see Putin we got to take him down Putin Putin it always amazes me that these guys they're this vicious and just hostile killers are able to stay in power for as long as they have because they clearly have enemies they've killed a lot of their enemies yeah people want to kill them but somehow they're scot free you know in startup land you know as a tech guy now yeah they tell you higher fast fire fast Putin plays by those rules higher fast service is killing nobody geez the same he's ever for life now yeah this guy says so many enemies he jailed a lot of his political opponents he's jailing CEOs but they're because they they never like step down that's the key and same with mbs because what's that we jailed a thousand of his cousins I'd like to make another right wing argument which I don't think is right wing you know what all those places have in common no freedom of speech ladies and gentlemen only in goddamn America but even but how does the number three not get a little ambitious it's a risk you're playing a fire but they must be really really really like personable like imagine a country if try to imagine no social media no free speech led by Donald Trump you could see people being like I mean look at how the whole Republican party fucking went from getting trashed by this guy and battling him in debates and blah blah blah to all just getting right in line and he did it in a free speech environment yes imagine if he was in one of these other countries he'd be thriving he would be a perfect life yeah he's probably like fuck man how come I can't shoot please also like more charismatic than a lot of these guys good jokes yeah yeah I think the charisma win if you have charisma and you're absolutely ruthless I think you can last a long time yeah he's a career entertainer he's been on TV for decades yeah well RIP man RIP to coup Barrymore we lost them that joke wasn't in the old episode that's so you're right that one just came to me you know that's okay well I mean it's just gnarly man the fact that this guy yeah I don't know I don't even know what to say but the thing that I think sucks is now you know I do think just my opinion I think that like we got to take down Putin energy only leads us to like a very long very harsh war and potentially nuke and I kind of felt like maybe we were gonna get over that and we were gonna not go down that road but this feels like from the little I'm reading on social media everybody is amped up to take down Putin now yeah I mean I don't know yeah we'll have to see how it all plays out but this is insane content yeah who Barry Barrymore is incredible good title of the pod yeah okay what else have we not talked about I mean we got earning yeah yeah we should talk earnings we should start stock market okay this is all new content you have entered new episode now new new this is our brand new episode today what's interesting is is Nvidia which is the semiconductor company that particularly makes a GPU chip that is for the AI industry so previously Nvidia had a monopoly on gaming chips crypto mining and now AI AI and you know basically six months ago the world discovered AI like January I would say open AI released their chatbot December by January was all the buzz and as all these companies started getting funded people are like okay let's take a layer deep like we know let's let's invest in the pipes the picks and shovels and it turns out there's only one company correct it's Nvidia they literally have a fucking monopoly yeah there's one shuffle no picks yeah and and so it is Nvidia stock just starts going berserk it basically carries America on its back I would say the American stock market is is on the back of Nvidia so this morning and yesterday the only news that anyone cared about was Nvidia's earnings which released right after the bell right after the fake old episode and the earnings are staggering fucking bonkers let me just go through some of this yeah this bumped me out so much because this is a trade like there was obvious trade it was the most obvious trade once Microsoft put the 10 billion into you know what I was going you knew they needed Nvidia chips yeah it was talked about pretty openly too yeah we're all ideas yeah so revenue of 13.5 billion up 101% year over year adjusted earnings up 429% year over year wait so just make that clear they did 13 and a half billion in revenue 6.19 billion a profit and they're guiding for the next quarter because the last time the stock pop last quarter is because they revised their guidance so high yeah and now they're revising their guidance again another quarter later 28% above so with this tell you tells you is that research analysts and the banks have no idea what the actual demand is from all these companies yeah I was listening to an investor on a podcast talking about how they decided to go long Nvidia because they had a private investing side and a public investing side and the question was how do you use the private market to help you invest in the public market so that head of the private market who's looking at all these AI companies was seeing that these startups went from we need 10 million dollars with the GPUs to 100 million dollars with the GPUs it is over year yeah so like oh I'm a genius let's go long Nvidia do you know how many people made a fortune just going long Nvidia playing site yeah yeah we fucked up that was an easy one it was so obvious I mean at your birthday your friends were like yeah just buy Nvidia they all said that that a man is birthday yeah I mean I meant birthday yeah and that was March of this year you still would have made a fortune fortune it was the easy the whole lunch was AI right you got really excited you got really upset at that yeah well you know I don't want to talk about AI at lunch it's gross it is not proper rule number one forks facing the right way 250% year-to-date ridiculous yeah we fucked up there isn't even really like there wasn't really any risk even like the risk is like it only goes up 10% yeah yeah it was a pretty risk-free like high upside bet I love it I love it okay well hey here we go okay so I just want to name some losers Nike but locker D sorry peloton just keeps getting beaten a dead horse over here D should be billionaire you never need a series be if he just listened to his own advice and shorted peloton you could have been your own series be peloton shares drop another 30% after basically missing on everything right they actually beat on sales expectations but they're still losing they lost 240 million dollars on 640 million of revenue it's you know it unfortunately the internet and economics of this business does not work shut it down shut it down yeah I mean I think the challenge is like it's a really tough shift to turn around because of just the economics of the business at this point I I obviously was very right on this extremely right yeah I would say I was right on this one yeah you were all true right I um and I will I want to give you proper credit because I think when you were like calling this out it was all time high the hot new product yeah yeah and and the reason look everything is coming into fruition yeah like you have a I'm the I'm the I'm the I said the big bike yeah I do my movie yeah I'm the Michael Burry of peloton except for like you're nothing changing at the end of the movie Michael Burry is like I just predicted it and I he made $60 short in peloton it's so good um but but I think like like and and and my instead of the strippers part and big short mine is everyone's just using it as a coat rack how about like you go into up right now you're using it as a cover here's the best trade would have been long those empty short peloton well I think that's ultimately what you realize in the fitness if you're betting on fitness in america you will lose you should bet on the drug that makes you skinny yes all day yeah no one wants to work out no there's an article I'll we'll talk about the next pod uh what's the company Nova with the company that created ozempic uh yeah whatever it is they're like a Danish company it sucks on fire the the the country the city is changing because of this how much business and money is being generated it's a fascinating article we'll we'll we'll talk about our next episode but like you know the bigger kind of theme that you're seeing with a lot of retail stocks announced earnings and uh macy's uh footlocker uh Nike all these companies are clearly showing in peloton too there is softness and consumer spend didn macy's and dicks weren't too yeah dicks weren't too um um and I think the you could really do a lot of good headlines dicks soft yes soft soft for dicks soft dick soft yeah dick dicks 30% smaller than last year dicks don't hit expectations oh man we should think about a little we could have our own little what's it called ball sack sports or whatever we do yeah um not abracambi though yeah so consumer if you are doing what you did last year the consumer is soft because they're not resonating abracambi reports earnings absolutely crushes revenue crushes profit so so much more profitable than they used to be and that just tells you that there is a consumer that's willing to spend but you got to put some effort now before you did not have to put the effort and I think the that's the climate change we're seeing is that like you really have to like you have to try really hard to get the customer's attention now and that that's tough that's not easy and I think that's going to be what separates a lot of these consumer facing businesses from from their peers like you got to innovate like if you're macy's you got to figure out how to make your business more exciting to write out the storm because by their tg max and ross they reported great record earnings stocks up at 52 week high so people are spending you just have to give them a reason to spend yeah yeah the way that I see it is like it used to be a game of like real estate and shelf space yeah because you just went to the mall or you went to end whoever had the stores you know you could kind of gain ground there as long as you were making good stuff where now you have to compete with the whole internet with she in with anything you can get on amazon on alibaba what's hot on social media what's like it's just you can't just sit on your real estate and expect to I mean check this out abracami expected revenue of 842 million dollars for the quarter it came in at 935 million they did damn near 100 million dollars more than expected this is like the Nvidia retail yeah I mean yeah you go olympic hit up abracrombie yeah you're skinny now you wear abracami yeah okay well we should go long here's a good trade long ocean front property nuts on a genius idea but if everyone's skinny everyone's gonna be at the beach okay it's by a hot stand at the beach hot dog stand at the beach or chilling yeah they still have to can't break the old habits got a new body same old habit I think you could still eat while you're on a zempick I think you just say you have less of an appetite yeah actually one hot dog that's six I think Oprah like didn't Oprah just lose a bunch of weight mysteriously Charles Barker you lost 70 pounds on minjurna however you say that one I mean it's just funny because you just see randomly these celebrities like Michael Rubin he talks about publicly he's ripped I'll see people that I don't pay attention to and then I'll be like damn they lost a lot of weight like celebrities yeah everyone's on it yeah yeah you're just gonna see randomly all of a sudden people are skinny as shit um you know what good I hopefully in the background there's not some weird data coming in over the olympic offices and they're pulling an old sackler and you know hitting the paper shredder yeah look if this thing's relatively low risk uh but here's the thing it does the positive is we know for a fact if you lose weight you do you know yeah your comorbidities go down yes you have a lot less heart disease diabetes all the other things because the doctors we know that are prescribing are saying it's way worse to be fat than whatever the side effects are yeah exactly and so that's basically the life you know and I have to believe like if you like your life more you can play with your kids you play with your dog energy level yeah yeah you you don't miss the Nvidia trade yeah no you have all the energy you're just like blazer sharp yeah yeah you're rich yeah all because of this one little pill well I know someone asked if they could advertise on here something similar so there you go there's your advertisement uh you guys want to wrap up winners losers content yeah do you who's your winner the last week my potent potent that's fair on paper he yeah I mean he he got everyone's attention and because he is a nuclear power what are you really going to do nothing hey what happened to you know he might not have fallen out of the sky but don't take care of him so not saying we don't do the same I'm just saying I saw a clip on tiktok the other day of Anthony Weiner being questioned by Patrick Bet David about the Hillary Clinton death list you know there's like a list if you look at online I'm like all the people close to the Clinton who have died yeah and it was pretty well and it was a little bit dragged and conspiracy land is the obamas they seem they were like kind of a beyond the conspiracy land in the last three months tiktok is absolutely nuts the death of that chef just nine it's not good tiktok things that michelle is a transgender named big mic and that obama's gay yes yeah and they're just mercen people out on paddle boards it's what it got it went left real quick it was like when they go low we go high and then it's okay they went and the show obama did not anticipate that you could go way lower yeah that was a child's play um out of his winner my winner is uh as a product of ghost the LA startup environment this is our backyard they just raised a lot of money from high profile funds and your employees if they leave maybe they start companies they get funded yeah and I think it just helps the city we live in to have great companies and talent that comes here you said you're only hiring in Los Angeles so more smart people come to Los Angeles get high paying jobs from mr. credit card D and uh I think it's good for the start I've gotten three Harvard kids to move to LA there you go look at you helping out the LA economy yeah they're going to have little Harvard babies yes smart little babies running around LA they're going to go to the lila they're going to help out that all of a sudden Delilah has smart people because we know that's not happening right now yeah um winner I'm gonna go full fight for my winners and losers my winner is Sean O'Malley I don't know if you guys saw he had an incredible knockout he's the purple hair the purple hair yeah he's the next Connor McGregor wow he's a superstar highest gate at uh Boston at the garden other than one year of the playoffs I think um wow and just wasn't expected to win whatever huge thing so breakout star Sean O'Malley keep an eye on him what's your take on Dylan Danis love I love his content Dylan Dan is always content yeah I'm gonna tie that into my loser I mean he's gonna lose he's gonna get the shit beat out of him I think but um what's his background oh I know it's can he try to beat him up yeah and then now Dylan and Logan are on this social media war yeah um his rise to any notoriety was because he was uh Connor McGregor's jujitsu coach got it so he's talented at jujitsu he knows it really well he could teach really well he didn't have a good fight career uh yeah could be attacked him because it was him and Connor mainly talking shit to him and uh but I just don't say I mean Logan's just too big and juiced up and ready to fight I don't know I don't think Logan's anywhere near as good of a boxer as Jake is and that's not saying much but I just think like I don't see how Dylan Danis wins that as an observer of social media and it's obviously not my demo being that Logan and Danis kind of attract a younger demographic than my age yeah from the outside looking in it looks like Logan's catching an L here not from he's gonna lose the match yep just from the social media antics yep he seems like he's finally been pierced yeah that was gonna be my loser of the week I think the timing was really bad because Logan has been kind of dodging some bad like accusations and stuff you know like that he scammed people with his NFT project and he this and he then he's just a bad guy but he kind of stayed like just above you know like everyone really turning on him and I just think like this guy Dylan Danis incredible content but he is just no relentless relentless every day and people are just kind of rallying around like yeah you know what fuck that guy and I just don't think it's worth it man I don't know what he makes on this fight but I think he's gonna lose more in the future well I think it's really bad I think so too and I saw the press comments when you repeat it people can go look it on tiktok pretty bad is this yeah it was a cloud show it was so bad no but what Dylan was saying to Logan's face yeah yeah and I'm just saying even Logan like Logan is responses yeah it's everything's entertaining yes someone's got to get knocked out I don't know I just I don't see it being very and doesn't even sound like his brother Jake like some yeah no he doesn't he just did a podcast saying he he hit his breaking point and uh can't fuck with him anymore we're gonna keep your Ohio brothers together I know I wish I could uh so who's your guys loser that was my loser D who's your loser my loser is Rudy Giuliani he got arrested and booked today for involvement in the Georgia Trump kind of campaign shenanigans uh Rudy Giuliani during 9-11 was like heralded a hero um he's like a notorious powerful attorney in New York City that fought like against a mafia and like he was such a he was saying iconic positive he cleaned up crime in New York he was an incredible um mayor while his time in New York City and he was beloved now he's a clown show he's basically Logan Paul yes yeah and he um I didn't realize until I watched Pinkyler he was one of the sackler yeah attorneys yeah guys a piece of shit huh yeah yeah he fucked up he could have like after 9-11 sailed off into the sunset oh he was done he had said and blowing his legacy he's likely going to jail yeah he's old as fuck so if we're doing the most entertaining outcome is the right outcome yeah or is it the right or is it the actual outcome uh most likely most likely Trump's president Trump's president Trump's and jail which is the best entertainment yeah I think like I think jail escapes or sorry uh presidency escapes jail and just goes on a four-year Dylan Dennis shit talking spree yeah that's the most entertaining and we got zero percent interest rates yeah zero percent interest rates everything's rip in yeah all right yeah five losers uh in talking him interest rates is the real estate environment I've been talking about this for a while yeah one of my best friends has been in real estate investing private equity for the last 20 years and he's been telling me this for six months that for real estate investors not the regular economy he said this is significantly worse than 2008 wow and he said in my career I've never seen anything like it but there's just not capital available for any of these projects to get refinanced his interest rates are too high and you have long-term debt on these projects and his explanation was like I actually don't know what's going to happen because we've never had a zero interest rate environment where everything was priced for over 12 years and then all of a sudden the rates are now 6% and they're not coming down and they're not coming down for the foreseeable future they may come down to four yeah but they're not coming down to zero yeah so all these projects are under water yeah yeah what happens here man it just feels to me like there's a chain reaction that I'm not saying I saw something today that eight hundred billion dollars of office values probably getting destroyed seems like a big number huge pretty high seems pretty huge down you'll fix it don't worry yeah zero interest rates parties back on who cares let the next guy clean it up you only got four years it's actually a good model like you fuck shit up but you get the quick fix then you're out of office and you get to talk shit about the new guy I mean I was in yeah that's great content do you got content recommendations yeah it is the opening weekend of my favorite sport college football oh I got one I got one that's gonna blow go I have so surprised you didn't pick this and I might shock you with my recommendation keep going and my content's probably what your content is is it Johnny fucking football no that's last week that's last week bro give it the time but yeah I just I am obsessed with college football and I'm obsessed when we have the best team in the country yeah which is USC and we take on San Jose State we'll probably win by 50 just destroy them if they let Kayla play all four quarters one by 80 I don't think they will yeah he's gonna yell by the third quarter yeah the whatever but I'm so excited for this football season like so excited best receiver is best quarter back best everything yep if we take care of this little pesky little crime issue LA is back yeah ghost is hiring USC is winning makeers look good makeers look good okay by the way it looks like content quickly happy birthday Kobe and it looks like uh whatever the fruition I know Nike kind of was at odds with Vanessa Bryan it sounded like and then they came to a deal but they're starting to release like shoes and things again pretty exciting that's awesome yeah it's really cool yeah my content is uh the Florida Gators documentary on Netflix okay I'm told swamp stories I'm on episode two I didn't start it in certain this weekend that's where Josh was Josh undergrad at Florida during that time which friends with all those guys friends with all those guys and the preview to the to the documentary there's four episodes Tim Tiba American hero yeah this is pretty powerful he opens up episode two it's not a real spoiler said when I first my first ever uh childhood baseball team and he's like I was eight years old yeah and he names whatever mustangs or whatever talks the coach gives a speech and says we just want to have fun everyone enjoy your time and he goes fun I want to win yeah this sucks I'm not trying to have fun yeah and then that's how they open episode two that's good yeah fuck it's so well done the the uh Johnny football one was so good then they followed up with this one I mean yeah this one they're like a racing police reports players so they could play on Saturday it's pretty cool yeah I love the links that we do to protect college football athletes there to me like the last hope we have for America yep football we got AI chips and football yeah it's not really something that's like uniquely ours you know yeah that's basically it college football professional football okay good stuff uh that was mine too that's all we got we got a shout out yeah we have a shout out from Haley Haley to Kingsley fiance well hopefully it's not my Haley that's like this might be the announcement I'm on air I love the shutter about the series B she was like the valuation is one what I expected uh love to do a shout out for my fiance Kingsley she's a kick ass mom goes in above and beyond for our community and I'm so happy we met five years ago I'm proud of you for going back to finish up your BA and excited to see what our future holds you supported me in pursuing so many of my dreams don't forget I'm always here as your journey as you journey on your own side note remember the group chat gang will always keep you awake when the music fails from experience love Haley hmm I love these like thoughtful shout outs yeah and I wonder what happened there like is this person taking long drives and needing to stay awake oh yeah maybe wake up maybe can't sleep wake up can't sleep hey for your sleep I mean I mean maybe she's a UPS driver and she's rich yeah yeah would you say if you're sleepy you might be able to come present yeah damn brother you're doing your woke on woke violence over here that's it yep all right hello an episode we just did two episodes and they were both great you'll never hear the first one yeah the secret the second one last days last days last days hope everyone has a great rest of your week hope you have a great weekend uh peace out no intro no intro life see you later go