Jack Crivici-Kramer
👤 SpeakerAppearances Over Time
Podcast Appearances
Obviously a bad headline, but you know what?
the timing is bad too.
Because the prices of everything are too high.
That is the only thing Americans are united about, is the inflation situation is out of control.
But you know what?
This is also the wrong industry to be caught messing around with prices.
Yeah, grocery.
What's Walmart's slogan, Nick?
What is it again, Jack?
Always lowest prices, always.
Oh, and Amazon and Costco, their number one rule is that nobody offers a lower price.
Nobody.
The CEO of Costco would break a box of eggs over somebody's head if he heard that the competition was offering lower prices.
Yeti's grocery is a cutthroat industry.
Thin margins, minimal profits, permanent price wars.
Learning that a tech company is helping grocery stores raise prices, that's the wrong headline at the wrong time in the wrong industry.
For our second story, the University of Utah is finalizing a first-of-its-kind deal, selling a piece of the athletic department for 500 million bucks.
Gordon Gekko is the new sophomore quarterback.
Wall Street is tackling the Fighting Utes football program, and this will not be the last of these deals.
Yet he's back in business school.