
The Best One Yet
🍑 “Colonoscopy Stock Market” — BTS trade war drama. Versace’s Prada acquisition. A Colon econ lesson.
11 Apr 2025
Yesterday we covered the trade war pause… today the behind-the-scenes Trump drama.Versace was just sold to its Italian cousin Prada at ½ price… because time kills all deals.Nick just got his 1st colonoscopy… so Jack found our fave economics lesson in the exam.Plus, Google is now paying AI engineers to do nothing… no joke. $CPRI $PRDSY $SPYWant more business storytelling from us? Check out the latest episode of our new weekly deepdive show: The untold origin story of… Peeps 🐣Subscribe to The Best Idea Yet: Wondery.fm/TheBestIdeaYetLinks to listen.“The Best Idea Yet”: The untold origin stories of the products you’re obsessed with — From the McDonald’s Happy Meal to Birkenstock’s sandal to Nintendo’s Susper Mario Brothers to Sriracha. New 45-minute episodes drop weekly.—-----------------------------------------------------Subscribe to our new (2nd) show… The Best Idea Yet: Wondery.fm/TheBestIdeaYetLinksEpisodes drop weekly. It’s The Best Idea Yet.GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts FOR MORE NICK & JACK: Newsletter: https://tboypod.com/newsletter Connect with Nick: https://www.linkedin.com/in/nicolas-martell/ Connect with Jack: https://www.linkedin.com/in/jack-crivici-kramer/ SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Anything else: https://tboypod.com/ Subscribe to our new (2nd) show… The Best Idea Yet: Wondery.fm/TheBestIdeaYetLinksEpisodes drop weekly. It’s The Best Idea Yet.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Full Episode
This is Nick. This is Jack. It's Friday, the real Friday, April 11th, and today's pod is the best one yet. This is a T-Boy. The top three pop business news stories you need to know today. Yetis, remember when stocks rebounded and the S&P surged 10% on Wednesday? Well, scratch all that, because stocks reversed course yesterday. The S&P 500 fell 4%.
I mean, Jack, we haven't seen back and forth swings like that since we, like, first got into finance after the Great Recession, right? What? Whiplash, Nick. Not since Hands Across America. Jack, three stories for today's show. What do we got on the pod? For our first story, yesterday we told you all about the 90-day trade war pause. It was a huge policy reversal.
So today, we'll reveal all the drama that went down behind the scenes over at the White House. For our second story, it's Versace. Or is it pronounced Versace? Either way, Versace just sold their dramatic Italian fashion brand to their cousin, Prada. But Versace, not Versace, sold at half the price because time kills deals. And our third and final story. This very morning, Nick got a colonoscopy.
True story. It's a 36-hour butt procedure, and he passed it with flying colors. So Jack and I did what we do best. We found an economic lesson in that colonoscopy. Yes, we did. We kept digging, and we found it, baby. But that is before we hit that wonderful mix of stories. Whoa! Whoa, what a mix of stories to go into the weekend with.
We just saw a headline on Business Insider, and it was so wild, we promoted the story to the top of the pod. This is how competitive the battle for tech talent is over in Silicon Valley these days. Here was the headline. Google is allegedly paying AI staffers to do nothing for a year. rather than join their rivals. Let me repeat that.
Google will pay talented AI engineers their $300,000 salary just to not work for the competition. Basically, they will pay you handsomely to do nothing for Google, as long as you do nothing for OpenAI. Basically, this is a non-compete clause that lasts a whole year in a big way. But here's the problem. One year in AI, that's like a lifetime. Totally.
That is how fast the pace of AI is accelerating. And that's how scared Google is that some other company is going to get the advantage. Yeah, I could just sprinkle on some context. What's a good analogy here? This would be like if Aaron Judge went into Hal Steinbrenner's office and said... I'm thinking about playing for the Mets. Okay, so Jack, what would the Yankees do?
They'd say, yeah, don't play for the Mets. We'll actually give you your full salary just to not play for the Mets. We'll pay you $40 million to do nothing for the Yankees. Just don't pay for the Mets. So Nick, can we add it all up? Yes, we can, Jack. Google is paying these employees something to do nothing. or anything with a competitor's thing.
And if you violate that, Google will sue you for everything. And we've never seen anything like this thing.
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