🗽 “Miracle Below 34th St” — New York’s 9/11 comeback. Bumble’s ultimate breakup. The Boring Company’s fundraise. +Pokemon $$$
episodePreviously titled “🗽 “The Funancial District” — New York’s 9/11 comeback. Bumble’s ultimate breakup. The Boring Company’s fundraise. +Pokemon $$$” — renamed by the publisher on Sep 11, 2026
Transcript
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What is the opening overview and why is today’s episode called “Miracle Below 34th St”?
This is Nick. This is Jack. It's Friday, the real Friday, September 11th, and today's pod is the best one yet, and this is a T-boy. The top three pop business news stories you need to know today. Yeti stock's been down all week. They are not celebrating the wins. What's going on, Jack? Oil is at $100 a barrel in the U.S., and it's $110 abroad. It's up 30% in just the last month. The inflation situation very, very alive right now. The stock market doesn't like it. But in the meantime, we got three fantastic stories for the funnest show in finance. Jack, what do we got in today's T-Boy? For our first story, Elon Musk's boringest company is actually his most exciting. The boring company just raised $3 billion.
Even though after 10 years, Elon's boring tunnels are open in just one city. For our second story, Bumble is losing its biggest Wall Street investor. Blackstone is swiping left for goods. So Jack and I predict someone's going to acquire Bumble and bring them home to mom and dad. And our third and final story. 25 years ago, September 11th reduced America's most valuable neighborhood, Lower Manhattan, into a mountain of smoldering rubble. But today, Lower Manhattan is the greatest urban comeback in American history. Jack and I will tell you how they pulled it off. But besties, before we hit that wonderful mix of stories. What a mix of stories. Best mix to go into a weekend with, Jack. The number one theme of this week for the news has been that AI might cause a human extinction.
Apparently, there's now a greater than 10% chance of an AI doomsday within 10 years. What's going on, guys? But the good news, because we're desperate for some. Throw it at me. If AI does destroy us, the first post-apocalyptic currency... will be Pokemon cards. Get this, yetis. Peter Levin, a legendary venture capitalist, says that Pokemon cards will outlast the US dollar. And the yen, and the euro, and the peso. Now, we know what you're thinking. Isn't crypto the post-apocalyptic currency? It's decentralized and all. Well, this year, the price of Bitcoin is getting beaten by Bulbasaur. So this venture capitalist has bought 500,000 different Pokemon cards as an end of the world currency reserve. And Jack, why is he so long, Pikachu?
He's got a few reasons. First, Pokemon prices have gone through parabolic hockey stick growth. They're up 3,821% in the last 22 years, according to a study cited by the Journal. That's eight times better returns than the S&P 500 over that period. That is three times better returns than Meta's stock. The second reason he's all in on Pokemon, Pokemon cards are popular across the globe, so it's basically an international currency. Mewtwo's rookie card is globally recognized these days, more than LeBron. And finally, Pokemon cards are considered a greater story value than diamonds, and we have proof. We found one man who just bought his girlfriend an engagement Pokemon card instead of an engagement ring.
Did she say yes, Jack? I hope so. We hope she said yes. So, besties, if AI does destroy us, we told you here first. Well, at least you could die rich if you put your estate in Pokemon. And the AI that survives us humans will be impressed. Yeah, AI's final prompt before it terminates us, what is it, Jack? Sell Chevron, buy Charizard. Chat, TPT, give me the phone back. Jack,
what's in our three storms? 15 years before this song, two boys from the Northeast met in a dorm. They had an idea to cause a cultural storm. It's the best one yet, but the best is the 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 list. If you know, you know, cause we're ready to go. We can't wait no more, so just start the show.
How likely is an AI‑driven doomsday and why could Pokémon cards become post‑apocalypse currency?
For
our
first story, Elon's
Boring Company. It just 4X'd its valuation to 23 with a B billion dollars. But after 10 years, you can still only ride the Boring Company in one city. If you're trying to keep track of Elon Musk's businesses right now, just remember he has as many companies as he has mothers to his children. Four. Yeah, four. And one of his companies is boring.
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Chapters
3 chapters
1
What is the opening overview and why is today’s episode called “Miracle Below 34th St”?
0:00–3:29
2
How likely is an AI‑driven doomsday and why could Pokémon cards become post‑apocalypse currency?
3:29–11:20
3
What’s new with Elon Musk’s Boring Company and why did it raise $3 Billion at a $23 B valuation?
11:20–26:09
Speakers
2 identifiedMore from The Best One Yet
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