Harvard of Prisons | Group Chat News Ep. 670

Today Dee and Zach White discuss Andreessen Horowitz's investment in Adam Neumann, Bed Bath & Beyond's rocketing stock, Walmart's earnings & insight, China's rate cut & factory shutdowns, and Cash App's genius marketing. Then, Dee is joined by Group Chat Regular Rob @Ballin, who brought over friends Nick & Nick of Truff.

Timeline of What Was Discussed:

Adam Neumann is BACK!! (2:22)  Ryan Cohen, the Nancy Pelosi of Wall Street Bets. (17:11)  Walmart, the index of the world. (22:17)  China is getting hit in more ways than one. (27:50)  America should STOP tearing down our founders. (34:04)  Lifetime value is a pretty easy math equation. (41:03)  Cash App’s marketing team are geniuses! (43:46)  An interview with Group Chat regular Rob @Ballin, and Nick & Nick of Truff. They discuss the origin story of the brand, entering the truffle world, providing value, and why their motto is less is more. (47:11) 

Related Links/Products Mentioned 

WeWork's former CEO has a new startup, reportedly valued at more than $1 billion  Bed Bath & Beyond soars 70% as meme traders talk up Ryan Cohen's call options purchase  Walmart CFO talks consumers, inventory, back-to-school, and gas prices after earnings beat  Walmart CEO Doug McMillon says even wealthier families are penny-pinching  One-Third of Americans Making $250,000 Live Paycheck-to-Paycheck, Survey Finds  China cuts rates as lockdowns and a real estate crisis take their toll  China shuts factories, rations electricity as heat wave stifles economy — The Washington Post  Michael Burry of ‘The Big Short’ dumps all of his previous stock holdings and adds just one name  The U.S. has more jails than colleges. Here’s a map of where those prisoners live.  Cash App I That’s Money - Kendrick Lamar & Ray Dalio  TRUFF | Truffle Hot Sauce | Luxury Condiments **Promo code GROUPCHAT at checkout** 

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