Nick and Jack

So with each new era, there is literally a new North Star. and we think the same applies to companies. Now, when Netflix was founded, it was in the move fast and break things era of tech. So their goal back in, say, 2005, here's what Reed Hastings said. They had to win a ferocious head-to-head battle with blockbuster video.

And Netflix launched original content, taking one foot out of tech and stepping one foot into showbiz. Their new goal in 2011 was to win the prestige awards, like the Emmys and the Oscars, to earn the respect of Hollywood. Well, now Netflix has put Blockbuster out of business, and they've already won 200 Emmys and 26 Oscars. They've accomplished both goals. They're in a new era.

And Netflix launched original content, taking one foot out of tech and stepping one foot into showbiz. Their new goal in 2011 was to win the prestige awards, like the Emmys and the Oscars, to earn the respect of Hollywood. Well, now Netflix has put Blockbuster out of business, and they've already won 200 Emmys and 26 Oscars. They've accomplished both goals. They're in a new era.

And Netflix launched original content, taking one foot out of tech and stepping one foot into showbiz. Their new goal in 2011 was to win the prestige awards, like the Emmys and the Oscars, to earn the respect of Hollywood. Well, now Netflix has put Blockbuster out of business, and they've already won 200 Emmys and 26 Oscars. They've accomplished both goals. They're in a new era.

They're a Wall Street era. And the goal now is to join the magnificent seven club of elite stocks worth a trillion dollars. Because to keep employees and investors motivated, you can't have these vague, broad goals like striving for gross. What does that mean? Simply growth isn't enough. You must have a symbolically meaningful goalpost that suits the stage of life the company's in.

They're a Wall Street era. And the goal now is to join the magnificent seven club of elite stocks worth a trillion dollars. Because to keep employees and investors motivated, you can't have these vague, broad goals like striving for gross. What does that mean? Simply growth isn't enough. You must have a symbolically meaningful goalpost that suits the stage of life the company's in.

They're a Wall Street era. And the goal now is to join the magnificent seven club of elite stocks worth a trillion dollars. Because to keep employees and investors motivated, you can't have these vague, broad goals like striving for gross. What does that mean? Simply growth isn't enough. You must have a symbolically meaningful goalpost that suits the stage of life the company's in.

Jack, could you whip up the takeaways for us for Savice Wednesday? Harvard is being punished by President Trump for refusing his demanded changes to the university. But what about Harvard's $50 billion endowment? Well, you don't spend the endowment. You spend only the returns of the endowment. For our second story, Coachella's financial headliner is payment plans.

Jack, could you whip up the takeaways for us for Savice Wednesday? Harvard is being punished by President Trump for refusing his demanded changes to the university. But what about Harvard's $50 billion endowment? Well, you don't spend the endowment. You spend only the returns of the endowment. For our second story, Coachella's financial headliner is payment plans.

Jack, could you whip up the takeaways for us for Savice Wednesday? Harvard is being punished by President Trump for refusing his demanded changes to the university. But what about Harvard's $50 billion endowment? Well, you don't spend the endowment. You spend only the returns of the endowment. For our second story, Coachella's financial headliner is payment plans.

60% of attendees were on payment plans. Because our economy used to be low, low. Low interest, low inflation. But now, we're high, high. High interest, high inflation. And finally, Netflix, with its recession-proof swagger, is targeting a $1 trillion Dr. Evil stock market valuation. Because with each new era, you need a new North Star. But yetis, this pod's not over yet.

60% of attendees were on payment plans. Because our economy used to be low, low. Low interest, low inflation. But now, we're high, high. High interest, high inflation. And finally, Netflix, with its recession-proof swagger, is targeting a $1 trillion Dr. Evil stock market valuation. Because with each new era, you need a new North Star. But yetis, this pod's not over yet.

60% of attendees were on payment plans. Because our economy used to be low, low. Low interest, low inflation. But now, we're high, high. High interest, high inflation. And finally, Netflix, with its recession-proof swagger, is targeting a $1 trillion Dr. Evil stock market valuation. Because with each new era, you need a new North Star. But yetis, this pod's not over yet.

Here's what else you need to know today. First, trade war almanac day 15. How tariffs have been messing with our economy. Jack and I have been keeping track for you from the tariff trenches. China's latest escalation, they're done buying US-made Boeing airplanes. Bigger escalation from China, they're no longer selling us rare earth metals.

Here's what else you need to know today. First, trade war almanac day 15. How tariffs have been messing with our economy. Jack and I have been keeping track for you from the tariff trenches. China's latest escalation, they're done buying US-made Boeing airplanes. Bigger escalation from China, they're no longer selling us rare earth metals.

Here's what else you need to know today. First, trade war almanac day 15. How tariffs have been messing with our economy. Jack and I have been keeping track for you from the tariff trenches. China's latest escalation, they're done buying US-made Boeing airplanes. Bigger escalation from China, they're no longer selling us rare earth metals.

That last one is huge, and we're probably going to cover it in tomorrow's pod. Spoiler And second, Zuck testified in his court case yesterday, and he admitted something surprising. Juicy stuff here. In 2018, Zuckerberg must have known that an antitrust lawsuit like this was coming, so he thought about preempting the courts.

That last one is huge, and we're probably going to cover it in tomorrow's pod. Spoiler And second, Zuck testified in his court case yesterday, and he admitted something surprising. Juicy stuff here. In 2018, Zuckerberg must have known that an antitrust lawsuit like this was coming, so he thought about preempting the courts.

That last one is huge, and we're probably going to cover it in tomorrow's pod. Spoiler And second, Zuck testified in his court case yesterday, and he admitted something surprising. Juicy stuff here. In 2018, Zuckerberg must have known that an antitrust lawsuit like this was coming, so he thought about preempting the courts.

Yeah, he actually considered splitting off Instagram years ago to get ahead of all these monopoly court things. But he didn't, so he's on trial today. Oh, another juicy detail. Apparently Zuck had a crazy idea a few years ago to wipe everyone's friends clean and you had to start from scratch. So like your newsfeed wouldn't have anything in it. You'd have to like start over selecting your friends.