00:00

You got caught. Okay. You got caught. And okay. I think we should create instead of the Forbes thirty to thirty. I think we need, like, the Madoff one thousand

You got caught. Okay. You got caught. And okay. I think we should create instead of the Forbes thirty to thirty. I think we need, like, the Madoff one thousand

00:09

we're all the grifters

we're all the grifters

00:11

and con artists that are that are out there.

and con artists that are that are out there.

00:22

Alright. We don't normally let Ben have ideas, but we let the man out of cage. He's got an idea, Ben. What it you you texted us us this morning. You wanna try something. What do you wanna try? We're doing a new segment, fellas. We're just gonna we're going quick through the news. And we're having you guys react. People wanna know what the fellas think about what's happening. So we're gonna we're gonna find out. We'll call it I'm gonna call this the boys react.

Alright. We don't normally let Ben have ideas, but we let the man out of cage. He's got an idea, Ben. What it you you texted us us this morning. You wanna try something. What do you wanna try? We're doing a new segment, fellas. We're just gonna we're going quick through the news. And we're having you guys react. People wanna know what the fellas think about what's happening. So we're gonna we're gonna find out. We'll call it I'm gonna call this the boys react.

00:44

I've been trying to make this the boys thing, a a thing for a little while now, and it hasn't happened.

I've been trying to make this the boys thing, a a thing for a little while now, and it hasn't happened.

00:51

But as I talked to my daughter yesterday, we never give up. And so the boys react is gonna be, we're gonna react to the news here. So

But as I talked to my daughter yesterday, we never give up. And so the boys react is gonna be, we're gonna react to the news here. So

00:59

Ben, you have some news segments,

Ben, you have some news segments,

01:01

or news stories, I guess. And,

or news stories, I guess. And,

01:04

Sam, Sam actually likes the news. Sam, Sam's into into the news. I'm Did I read the news like crazy. You don't read the news? I'm an anti user.

Sam, Sam actually likes the news. Sam, Sam's into into the news. I'm Did I read the news like crazy. You don't read the news? I'm an anti user.

01:12

I just love drama.

I just love drama.

01:15

Prepers. I'm like, whatever that is where you avoid the news at all costs.

Prepers. I'm like, whatever that is where you avoid the news at all costs.

01:19

Yeah. I just like gossip. I'm I'm a big fan of drama. My pretty boring. So I I need I need drama. I love the comment sections too. Somebody said this the other day. I think it was like Nepal or one of these smart guys. They go

Yeah. I just like gossip. I'm I'm a big fan of drama. My pretty boring. So I I need I need drama. I love the comment sections too. Somebody said this the other day. I think it was like Nepal or one of these smart guys. They go

01:32

The goal of the media is to make every problem your problem. And I was like, oh, that's pretty true. That's kind of like what the news is. It's like, Oh, there's a flood in this county I don't live in. Shit. Let me watch this for twenty minutes.

The goal of the media is to make every problem your problem. And I was like, oh, that's pretty true. That's kind of like what the news is. It's like, Oh, there's a flood in this county I don't live in. Shit. Let me watch this for twenty minutes.

01:45

Why why do I care about this? This has nothing to do with me. Alright. But anyways, sorry. Let's start news. Okay. Let's start with the the most interesting one, Ben. What is it? We're starting a little close to home. Your friend Nikita Beer,

Why why do I care about this? This has nothing to do with me. Alright. But anyways, sorry. Let's start news. Okay. Let's start with the the most interesting one, Ben. What is it? We're starting a little close to home. Your friend Nikita Beer,

01:56

his Social app, gas was acquired by Discord for an undisclosed amount. What do you guys think about your buddy Nikita being acquired by Discord?

his Social app, gas was acquired by Discord for an undisclosed amount. What do you guys think about your buddy Nikita being acquired by Discord?

02:07

Give the background, Sean, about this guy. Like, because it's a pretty he it's a caper. I call this a caper.

Give the background, Sean, about this guy. Like, because it's a pretty he it's a caper. I call this a caper.

02:12

I don't even know what that means. A caper? A caper. It's like,

I don't even know what that means. A caper? A caper. It's like,

02:16

What is that? No. A caper. It's like a,

What is that? No. A caper. It's like a,

02:19

a scheme. Like, it's, like, when you would rob a bank, you know, you'd be, like, what's that? It's a great caper.

a scheme. Like, it's, like, when you would rob a bank, you know, you'd be, like, what's that? It's a great caper.

02:24

Fool me once,

Fool me once,

02:26

shame on you, fool me twice, shame on me.

shame on you, fool me twice, shame on me.

02:29

He just fooled the tech industry twice, dude. He sold the same app. So he built an app called TBH

He just fooled the tech industry twice, dude. He sold the same app. So he built an app called TBH

02:36

that was like,

that was like,

02:37

you know, let a teenager go on and it would basically quiz you about people in your school, your friends, and be like, who's the most Cute

you know, let a teenager go on and it would basically quiz you about people in your school, your friends, and be like, who's the most Cute

02:44

boy in your life, and you're like, oh, Sam. It's like, who's the most likely to be famous? Oh, it's Ben. Right? Or you just do that. Right? And then they would text and maybe be like, It was eight years ago. Yeah. So he's eight. Download my app. And, of course, that shit worked. He did that.

boy in your life, and you're like, oh, Sam. It's like, who's the most likely to be famous? Oh, it's Ben. Right? Or you just do that. Right? And then they would text and maybe be like, It was eight years ago. Yeah. So he's eight. Download my app. And, of course, that shit worked. He did that.

02:58

And, like, it immediately went viral because it went viral.

And, like, it immediately went viral because it went viral.

03:01

Facebook buys the thing because Facebook has, like, a system internally that says, like,

Facebook buys the thing because Facebook has, like, a system internally that says, like,

03:06

viral team app, and then it's, like, must acquire must acquire viral teenage you know, like, get that young blood in here. And so they acquired it.

viral team app, and then it's, like, must acquire must acquire viral teenage you know, like, get that young blood in here. And so they acquired it.

03:15

People had said a hundred million dollars. I don't there's not a hundred million dollars.

People had said a hundred million dollars. I don't there's not a hundred million dollars.

03:18

But But I think something more, like, thirty, forty million bucks. And,

But But I think something more, like, thirty, forty million bucks. And,

03:23

And this was in two thousand seventeen that he did. Twenty seventeen.

And this was in two thousand seventeen that he did. Twenty seventeen.

03:27

He sells the app

He sells the app

03:29

Probably the app gets shut down within, like, a year because there was never any retention in this app. He then sits at Facebook for four years and vests out the entire every cent of his earnout,

Probably the app gets shut down within, like, a year because there was never any retention in this app. He then sits at Facebook for four years and vests out the entire every cent of his earnout,

03:41

which is just hilarious in its own right.

which is just hilarious in its own right.

03:44

And all he did was just tweet all day. You know, like, yeah, he he worked in the new products division and, you know, have released some apps, I guess. And then he He leaves, you know, what what's it called recidivism?

And all he did was just tweet all day. You know, like, yeah, he he worked in the new products division and, you know, have released some apps, I guess. And then he He leaves, you know, what what's it called recidivism?

03:55

Sam, you're a you're a first guy.

Sam, you're a you're a first guy.

03:57

He leaves the jail of Facebook.

He leaves the jail of Facebook.

04:00

And he does the same goddamn thing again. He creates another teen app

And he does the same goddamn thing again. He creates another teen app

04:04

for compliments. He tells us this in advance. He goes,

for compliments. He tells us this in advance. He goes,

04:08

Yeah. I'm gonna I'm just gonna make an app that makes, like, ten million dollars in three months.

Yeah. I'm gonna I'm just gonna make an app that makes, like, ten million dollars in three months.

04:13

And we both kinda laughed it off And we're like, is that even possible?

And we both kinda laughed it off And we're like, is that even possible?

04:18

And then he pretty much did it. I think Gas App has made seven million in gross sales in, like,

And then he pretty much did it. I think Gas App has made seven million in gross sales in, like,

04:24

Three ish months, you know, pretty much called his shot, which we do respect.

Three ish months, you know, pretty much called his shot, which we do respect.

04:28

But also,

But also,

04:30

we have to clarify one thing, Sam. Ben said he's our friend. Is he still our friend after how insufferable he is in the group chat?

we have to clarify one thing, Sam. Ben said he's our friend. Is he still our friend after how insufferable he is in the group chat?

04:38

So

So

04:39

he is insufferable.

he is insufferable.

04:41

But I kind of like it a little bit.

But I kind of like it a little bit.

04:44

I I think it's pretty hilarious. I love a good troll. I think that you're missing some of the data here. So he sold the company to Discord. There's no release on price or anything like that, but,

I I think it's pretty hilarious. I love a good troll. I think that you're missing some of the data here. So he sold the company to Discord. There's no release on price or anything like that, but,

04:55

some people can make guesses. But basically between

some people can make guesses. But basically between

04:58

leaving or being at Facebook and Discord, he creates this mystique.

leaving or being at Facebook and Discord, he creates this mystique.

05:03

I call him the Jewish Great Gatsby.

I call him the Jewish Great Gatsby.

05:05

He creates this kinda mystique where he's got this really lovely home in LA. I I he's single or at least he's not married. And he, like, hosts really fun parties and then he posts on Twitter about, like, his opinion

He creates this kinda mystique where he's got this really lovely home in LA. I I he's single or at least he's not married. And he, like, hosts really fun parties and then he posts on Twitter about, like, his opinion

05:17

on going viral and all, like, legends.

on going viral and all, like, legends.

05:20

Like, or quote legends start following him. And they, like, message him and they he's created this aura of occasion and of, like, he knows what he's doing with apps, which is true. It's all true. He's very talented, but it was pretty cool how it was, like, kinda systematic. So he has the talent. He has the skill, but he did a great job of also flexing that he had the talent and he had the skill. And people start flocking to him. And he starts launching this thing. And Here's here's the analogy. He's like

Like, or quote legends start following him. And they, like, message him and they he's created this aura of occasion and of, like, he knows what he's doing with apps, which is true. It's all true. He's very talented, but it was pretty cool how it was, like, kinda systematic. So he has the talent. He has the skill, but he did a great job of also flexing that he had the talent and he had the skill. And people start flocking to him. And he starts launching this thing. And Here's here's the analogy. He's like

05:51

he's like the guy who

he's like the guy who

05:53

moved to he moved to a new high school as a sophomore,

moved to he moved to a new high school as a sophomore,

05:57

and then didn't try to make a single friend, but he just went to lunch and he was totally content sitting by himself. He wasn't a loser. He was almost too cool to have to try. And because of that, everyone's like, who is this guy? Does he have Is his girlfriend in college? Oh my god.

and then didn't try to make a single friend, but he just went to lunch and he was totally content sitting by himself. He wasn't a loser. He was almost too cool to have to try. And because of that, everyone's like, who is this guy? Does he have Is his girlfriend in college? Oh my god.

06:11

And he would just be, like, you know, texting his college girlfriend. You don't know if even if they exist, but he just built this aura, this sneak around him by almost

And he would just be, like, you know, texting his college girlfriend. You don't know if even if they exist, but he just built this aura, this sneak around him by almost

06:19

not trying. Whereas everybody else on Twitter is like, hey. Follow me for more threads about how great I am. Right? And he's he's trying to do the exact opposite where he's just, like, only shit posting.

not trying. Whereas everybody else on Twitter is like, hey. Follow me for more threads about how great I am. Right? And he's he's trying to do the exact opposite where he's just, like, only shit posting.

06:31

And, you know, just hinting and posting little screenshots that make you think he's up to something big at all times. Yeah. You're like, who's this kid coming up to school as a sixteen year old in a motorcycle?

And, you know, just hinting and posting little screenshots that make you think he's up to something big at all times. Yeah. You're like, who's this kid coming up to school as a sixteen year old in a motorcycle?

06:41

You know, like, this guy's got a neck tattoo. Like, I can't confirm

You know, like, this guy's got a neck tattoo. Like, I can't confirm

06:45

that he's a bad ass, but, like, all all signs point to it. That that was his thing. And and he never he didn't deny it. He didn't confirm it. So it could be true. It could not be true. But the fact is is that he created this app. Something happened to it. Like, there was a crazy rumor with the app that it was used for child

that he's a bad ass, but, like, all all signs point to it. That that was his thing. And and he never he didn't deny it. He didn't confirm it. So it could be true. It could not be true. But the fact is is that he created this app. Something happened to it. Like, there was a crazy rumor with the app that it was used for child

07:02

sex trafficking, which wasn't true. He changed the name of the app, then he changed the name again a third time, and it takes off and he sells it, we're recording this on a Wednesday. I believe it was announced yesterday.

sex trafficking, which wasn't true. He changed the name of the app, then he changed the name again a third time, and it takes off and he sells it, we're recording this on a Wednesday. I believe it was announced yesterday.

07:14

This is a wonderful caper. Not to say that discord didn't get value. I have no idea what the truth is. The truth is probably like they're gonna make something cool of it. Who knows? But he pulled it off. He called a shot. He pulled it off. And he did it in such an obnoxious way, and that's why I love him. You know, I love guys like that. I love what he did.

This is a wonderful caper. Not to say that discord didn't get value. I have no idea what the truth is. The truth is probably like they're gonna make something cool of it. Who knows? But he pulled it off. He called a shot. He pulled it off. And he did it in such an obnoxious way, and that's why I love him. You know, I love guys like that. I love what he did.

07:32

And honestly, I love the way he did it too. But the problem is he's like a fart. A fart is amazing when you're It's more than six feet away. You don't wanna be too close to the fort. Like, you know, the fort's not funny when you're right up against it. And so that's the problem with this. We were too close to it. We got we had to hear him and he loves smelling his own scent. He loves smelling his own fart too. And so, you know, he will, in our group chat, just post every, like, Twitter mention where somebody's like, oh, my god. Niken has done it again. Don't want Nikita is the best. It's like, bro, I don't need your Twitter mentions posted here, you know, for me for me to see.

And honestly, I love the way he did it too. But the problem is he's like a fart. A fart is amazing when you're It's more than six feet away. You don't wanna be too close to the fort. Like, you know, the fort's not funny when you're right up against it. And so that's the problem with this. We were too close to it. We got we had to hear him and he loves smelling his own scent. He loves smelling his own fart too. And so, you know, he will, in our group chat, just post every, like, Twitter mention where somebody's like, oh, my god. Niken has done it again. Don't want Nikita is the best. It's like, bro, I don't need your Twitter mentions posted here, you know, for me for me to see.

08:11

It is completely he's an insufferable fart, but I do respect what he's pulled off. Yeah. It's pretty funny. So this is, like, an interesting thing. I can't believe he pulled it off. But he called his shot. I respect that. I think it's cool. Also, he's done a thing. Like, you know, mister Beast does this thing where, like, If you go talk to a pretty serious business person, they will, like, reference a mister beast, like, a mister beast ism where they're like,

It is completely he's an insufferable fart, but I do respect what he's pulled off. Yeah. It's pretty funny. So this is, like, an interesting thing. I can't believe he pulled it off. But he called his shot. I respect that. I think it's cool. Also, he's done a thing. Like, you know, mister Beast does this thing where, like, If you go talk to a pretty serious business person, they will, like, reference a mister beast, like, a mister beast ism where they're like,

08:35

Well, mister Beast said, Yeah. Yeah. Jimmy just says, you know, we just try to make great videos.

Well, mister Beast said, Yeah. Yeah. Jimmy just says, you know, we just try to make great videos.

08:41

As if, like, nobody else tries to make great videos or he'll be, like, or he'll be like, you know, we just, we're willing to put more into our content and try to make the best content possible blah blah blah. It's like and then it if somebody goes and looks and they're like, bro, you you

As if, like, nobody else tries to make great videos or he'll be, like, or he'll be like, you know, we just, we're willing to put more into our content and try to make the best content possible blah blah blah. It's like and then it if somebody goes and looks and they're like, bro, you you

08:55

your your video is put your hand on this car, and the last person to take their hand off you know, the last person with their hand on the car keeps the car. Like, this is not, like, you know, you're not Steven Spielberg over here. But didn't we talk about this? Where we're like, look, look, we're gonna do this thing, and we're gonna send them a welcome letter. And we're just gonna make it really delightful. It's just gonna be a beautiful Really well done. Just beautifully done. And if you do it like that, people start to buy in. They start to eat that little puppy chow. And so similarly,

your your video is put your hand on this car, and the last person to take their hand off you know, the last person with their hand on the car keeps the car. Like, this is not, like, you know, you're not Steven Spielberg over here. But didn't we talk about this? Where we're like, look, look, we're gonna do this thing, and we're gonna send them a welcome letter. And we're just gonna make it really delightful. It's just gonna be a beautiful Really well done. Just beautifully done. And if you do it like that, people start to buy in. They start to eat that little puppy chow. And so similarly,

09:25

he

he

09:26

Mister Beast does this reality distortion where he makes you believe

Mister Beast does this reality distortion where he makes you believe

09:30

that he is the deepest thinker. He's creating the most epic

that he is the deepest thinker. He's creating the most epic

09:34

beautiful,

beautiful,

09:35

well done content. He is a content. Really thoughtful. It just so And it's like, you know,

well done content. He is a content. Really thoughtful. It just so And it's like, you know,

09:40

watch me fart in people's ears and, like,

watch me fart in people's ears and, like,

09:42

it's

it's

09:44

it's true that people I'm on a fart kick today. Be people,

it's true that people I'm on a fart kick today. Be people,

09:48

people do like it. The content would definitely works, but it creates this almost as mystique around And I feel like Nikita did the same thing where he'll tweet out shit where he'll be like,

people do like it. The content would definitely works, but it creates this almost as mystique around And I feel like Nikita did the same thing where he'll tweet out shit where he'll be like,

09:58

Just move the Bible a little closer.

Just move the Bible a little closer.

10:01

But tweet out, like,

But tweet out, like,

10:03

You know, the, you know,

You know, the, you know,

10:04

the underrated metric in social networking is density,

the underrated metric in social networking is density,

10:08

by far more important than spread. And he's like, you know, Like, if you're still measuring k factor, you might as well still be using a blackberry. Right? And you know, like, to be that shit that makes you think, like, damn, this this motherfucker, no shit that I don't know about social network. I would be like, there's only five people on earth that can tell you about building social networks. The problem is they're all unhirable because their name are names are Mark Zuckerberg. Jack Dorothy and the human ear. And it's like

by far more important than spread. And he's like, you know, Like, if you're still measuring k factor, you might as well still be using a blackberry. Right? And you know, like, to be that shit that makes you think, like, damn, this this motherfucker, no shit that I don't know about social network. I would be like, there's only five people on earth that can tell you about building social networks. The problem is they're all unhirable because their name are names are Mark Zuckerberg. Jack Dorothy and the human ear. And it's like

10:34

so and and so, by the way, I I think There's levels to this. There's levels. So so I think he does a great job of creating it's like, bro, you created a a app that lets me say which which girl and Mike, high school is the cutest, and then it texts her. Somebody said you're cute. Right? Like, yeah, it there's beauty in the simplicity for sure. But they almost make it sound more complicated and artistic than it really is. And,

so and and so, by the way, I I think There's levels to this. There's levels. So so I think he does a great job of creating it's like, bro, you created a a app that lets me say which which girl and Mike, high school is the cutest, and then it texts her. Somebody said you're cute. Right? Like, yeah, it there's beauty in the simplicity for sure. But they almost make it sound more complicated and artistic than it really is. And,

10:58

and, and, trust me, it's it's not. We're not we're not like every other social app. You see, we're changing the world one popularity contest at a time. We are we're democratizing.

and, and, trust me, it's it's not. We're not we're not like every other social app. You see, we're changing the world one popularity contest at a time. We are we're democratizing.

11:08

Popularity.

Popularity.

11:09

He went on,

He went on,

11:11

on, like, CNBC here in one of these, like, news networks or whatever, and they were like,

on, like, CNBC here in one of these, like, news networks or whatever, and they were like,

11:16

We have here the founder of the Hit teen app, the sensational

We have here the founder of the Hit teen app, the sensational

11:20

app, jazz.

app, jazz.

11:22

Nikita,

Nikita,

11:23

What what inspired you to do this? And he's like, you know, we just believe that teens, you know, the world needed a little more positivity and that,

What what inspired you to do this? And he's like, you know, we just believe that teens, you know, the world needed a little more positivity and that,

11:31

we wanted to create a safe space for whatever. Dude, the only safe space he wanted was a was a vacation home in in Tahoe.

we wanted to create a safe space for whatever. Dude, the only safe space he wanted was a was a vacation home in in Tahoe.

11:38

You

You

11:39

you wanted to, you know, you you wanted to fly private. That's what you wanna say.

you wanted to, you know, you you wanted to fly private. That's what you wanna say.

11:44

Hey. Mission accomplished. I understand that. That is amazing. Yeah. His next app is gonna be called Pleeb

Hey. Mission accomplished. I understand that. That is amazing. Yeah. His next app is gonna be called Pleeb

11:53

but in all seriousness, he pulled it off. I think it's cool. Yeah. I make fun of him because,

but in all seriousness, he pulled it off. I think it's cool. Yeah. I make fun of him because,

11:59

because of how obnoxious he's been for four months in this group chat, but, but, you know, deep down, he's my kind of people. I respect. I respect what he's done, and I also respect the the massive troll that he's on everybody here. So that's that's good. Speaking of trolls who didn't pull it off,

because of how obnoxious he's been for four months in this group chat, but, but, you know, deep down, he's my kind of people. I respect. I respect what he's done, and I also respect the the massive troll that he's on everybody here. So that's that's good. Speaking of trolls who didn't pull it off,

12:14

Ben, we gotta get to the next story. Before we get to the next story though, we do have to remind everyone we have agreement here. Everyone follows it. If you if you listen to us, it doesn't matter what app you're listening to. You have to go to our YouTube page and you click subscribe. That's the gentleman's agreement. Have my pen here. Am I gonna need this for the gentleman's agreement? Do I need to sign something or what do I do? You actually don't. See, all you have to do is go to our YouTube page and you click subscribe. You don't even need a pen. That's how easy it is. We made this gentleman agreement incredibly simple, you go and you subscribe, and then we work for you, and we make this content for you, and we reveal our life and dedicate our lives to you. It's simple. That's the gentleman's agreement.

Ben, we gotta get to the next story. Before we get to the next story though, we do have to remind everyone we have agreement here. Everyone follows it. If you if you listen to us, it doesn't matter what app you're listening to. You have to go to our YouTube page and you click subscribe. That's the gentleman's agreement. Have my pen here. Am I gonna need this for the gentleman's agreement? Do I need to sign something or what do I do? You actually don't. See, all you have to do is go to our YouTube page and you click subscribe. You don't even need a pen. That's how easy it is. We made this gentleman agreement incredibly simple, you go and you subscribe, and then we work for you, and we make this content for you, and we reveal our life and dedicate our lives to you. It's simple. That's the gentleman's agreement.

12:48

I can't find this client info. Have you heard of HubSpot? HubSpot is a CRM platform, so it shares its day

I can't find this client info. Have you heard of HubSpot? HubSpot is a CRM platform, so it shares its day

12:55

across every application. Every team can stay aligned. No out of sync spreadsheets or dueling databases. HubSpot, grow better.

across every application. Every team can stay aligned. No out of sync spreadsheets or dueling databases. HubSpot, grow better.

13:04

Next topic then. From someone who pulled off the caper to someone who did not,

Next topic then. From someone who pulled off the caper to someone who did not,

13:09

JP Morgan Chase bought college financial aid platform Frank, for a hundred and seventy five million dollars. It has now shut down the website and claims that they fabricated

JP Morgan Chase bought college financial aid platform Frank, for a hundred and seventy five million dollars. It has now shut down the website and claims that they fabricated

13:18

more than four million accounts

more than four million accounts

13:20

on their first email to their customer list, they got a seventy percent bounce back.

on their first email to their customer list, they got a seventy percent bounce back.

13:26

Founder, Charlie,

Founder, Charlie,

13:28

Javis, I think it's pronounced,

Javis, I think it's pronounced,

13:30

denies

denies

13:30

that this is fraud and claims that JP Morgan is just inventing reasons to not pay her fellas.

that this is fraud and claims that JP Morgan is just inventing reasons to not pay her fellas.

13:36

Boys. Who do you believe?

Boys. Who do you believe?

13:38

Well, JP Morgan, this lady was on,

Well, JP Morgan, this lady was on,

13:42

like, that's easy.

like, that's easy.

13:43

This lady was a Forbes thirty under thirty, and then just, like, a couple years later, cells are at for nine nine figures, hundred million plus. And, It's pretty hilarious. They even found they tracked it down, I believe, where they talked to the developers. It was a it was like a they hired one freelancer, I think, who they said, hey, can you, like, make some test data to put in here? And he starts doing it, and they're the the guy was like, I think this is fraud. I'm out. So they found those emails. And then they did it again with another contractor

This lady was a Forbes thirty under thirty, and then just, like, a couple years later, cells are at for nine nine figures, hundred million plus. And, It's pretty hilarious. They even found they tracked it down, I believe, where they talked to the developers. It was a it was like a they hired one freelancer, I think, who they said, hey, can you, like, make some test data to put in here? And he starts doing it, and they're the the guy was like, I think this is fraud. I'm out. So they found those emails. And then they did it again with another contractor

14:12

and who actually did do it, and they convinced the contractor that it wasn't fraud. And so they've kinda, like, honed in on this that it seems quite clear that it's fraud.

and who actually did do it, and they convinced the contractor that it wasn't fraud. And so they've kinda, like, honed in on this that it seems quite clear that it's fraud.

14:22

Bold, bold move, very bold move, very easy to catch though, really stupid. Like, this seems like really a a foolish mistake.

Bold, bold move, very bold move, very easy to catch though, really stupid. Like, this seems like really a a foolish mistake.

14:31

Yeah. This is like,

Yeah. This is like,

14:33

J. P. Morgan's got a little egg on the face for not not noticing this because this is pretty easy to notice. I mean, the fact that they sent one email and seventy percent bounced back. Right? Like, that that sounds,

J. P. Morgan's got a little egg on the face for not not noticing this because this is pretty easy to notice. I mean, the fact that they sent one email and seventy percent bounced back. Right? Like, that that sounds,

14:43

Like, it wasn't this it really sophisticated,

Like, it wasn't this it really sophisticated,

14:45

you know, botnet that, you know, was simulating real users. It was just

you know, botnet that, you know, was simulating real users. It was just

14:49

a bunch of fake fake emails in a,

a bunch of fake fake emails in a,

14:52

you know, in a database. So, you know, that sounds pretty easy. And also it says, there's there's an email with where she's asking the professor who who ended up doing this. Will the will the fake emails look real with an eye check, or is it better to use unique ID? Right? So, like,

you know, in a database. So, you know, that sounds pretty easy. And also it says, there's there's an email with where she's asking the professor who who ended up doing this. Will the will the fake emails look real with an eye check, or is it better to use unique ID? Right? So, like,

15:08

you know,

you know,

15:11

handed the cookie jar as we say around here. That means you got caught. Okay. You got caught. And, okay, I think we should create instead of the Forbes thirty into thirty. I think we need, like, the Madeoff one thousand.

handed the cookie jar as we say around here. That means you got caught. Okay. You got caught. And, okay, I think we should create instead of the Forbes thirty into thirty. I think we need, like, the Madeoff one thousand.

15:23

For all the grifters

For all the grifters

15:25

and con artists that are that are out there.

and con artists that are that are out there.

15:29

You know, I yeah. I I think that, you know, maybe the caper Keeper twenty or something like that. I and we gotta come up with something here, and we need to just annually I think we should just do a show, but we just rank the best cons of the year. And, and give them their due. Let them put that on their bio. Dude, I'm down. And what's crazy is this is so so when I sold the hustle, We had, I think, one point seven million subscribers.

You know, I yeah. I I think that, you know, maybe the caper Keeper twenty or something like that. I and we gotta come up with something here, and we need to just annually I think we should just do a show, but we just rank the best cons of the year. And, and give them their due. Let them put that on their bio. Dude, I'm down. And what's crazy is this is so so when I sold the hustle, We had, I think, one point seven million subscribers.

15:49

We used this service. HubSpot paid for it, and it was a service. I forget the name of it. But I believe it did two things. We uploaded our whole email list. And then I think

We used this service. HubSpot paid for it, and it was a service. I forget the name of it. But I believe it did two things. We uploaded our whole email list. And then I think

15:59

Hubspot uploaded some of their email. I don't remember exactly how it worked. I think they did it. And it showed the crossover, like, how many we each shared in a huge amount of emails? I imagine HubSpot has, like, hundreds of millions. I have no idea. A lot of emails. And then I also think it checked for fraud. And it was, like, a couple days to do this. It was pretty simple.

Hubspot uploaded some of their email. I don't remember exactly how it worked. I think they did it. And it showed the crossover, like, how many we each shared in a huge amount of emails? I imagine HubSpot has, like, hundreds of millions. I have no idea. A lot of emails. And then I also think it checked for fraud. And it was, like, a couple days to do this. It was pretty simple.

16:19

There's just a few other services where they make fake data. And the reason they do this is if you have a sensitive thing like a bank startup, you put a whole bunch of fake data in it, and it, like, makes up people, and you can test your data because you can't use, like, you know, obviously real social security numbers when you're things and they would make up fake stuff just to test the software and make sure it all works. Tonic, I think it's called tonic dot ai. It's the and then it says the fake data company. We talked about them on the pot. I love this idea. I've been trying I forgot. I need to invest in this. Yeah. I think it's a cool thing. And so also with GP t three, whatever it's called, I was, like, thinking, I'm, like, dude, I should just I'm not gonna do this, but maybe I I was like, I should just make up fake fake reviews for all of my, like, products and you could just, like, make up fake reviews, or you could, like, make up negative reviews for all your competitors' products.

There's just a few other services where they make fake data. And the reason they do this is if you have a sensitive thing like a bank startup, you put a whole bunch of fake data in it, and it, like, makes up people, and you can test your data because you can't use, like, you know, obviously real social security numbers when you're things and they would make up fake stuff just to test the software and make sure it all works. Tonic, I think it's called tonic dot ai. It's the and then it says the fake data company. We talked about them on the pot. I love this idea. I've been trying I forgot. I need to invest in this. Yeah. I think it's a cool thing. And so also with GP t three, whatever it's called, I was, like, thinking, I'm, like, dude, I should just I'm not gonna do this, but maybe I I was like, I should just make up fake fake reviews for all of my, like, products and you could just, like, make up fake reviews, or you could, like, make up negative reviews for all your competitors' products.

17:08

But,

But,

17:09

I was, like Are you looking for a nomination to the beta one thousand? We we'd we'd be happy to have you.

I was, like Are you looking for a nomination to the beta one thousand? We we'd we'd be happy to have you.

17:14

But you do need to formally submit the application. My Apple can reach it in.

But you do need to formally submit the application. My Apple can reach it in.

17:18

Yeah. And we have to make everyone pay of a five hundred dollar application fee too. Right.

Yeah. And we have to make everyone pay of a five hundred dollar application fee too. Right.

17:24

If there's no con going on on our side, what what are we doing here? Yeah. Yeah. Yeah. Yeah. Don't you wanna win the award? It's an award. Yeah. We did a thing with Milk Road where,

If there's no con going on on our side, what what are we doing here? Yeah. Yeah. Yeah. Yeah. Don't you wanna win the award? It's an award. Yeah. We did a thing with Milk Road where,

17:33

we had this philosophy, which is, like,

we had this philosophy, which is, like,

17:35

We should be we should bank that in the future, we're gonna cut out all advertisers and be our own advertiser. I mean, only promote our own product or own service in this newsletter.

We should be we should bank that in the future, we're gonna cut out all advertisers and be our own advertiser. I mean, only promote our own product or own service in this newsletter.

17:45

That's the only way to hold yourself, like, accountable to

That's the only way to hold yourself, like, accountable to

17:49

not just acquiring, like, shitty subscribers.

not just acquiring, like, shitty subscribers.

17:51

And so we have started this new growth channel. We're like, oh, let's try this thing out. We heard their, you know, the the rates are pretty good. We tried it out.

And so we have started this new growth channel. We're like, oh, let's try this thing out. We heard their, you know, the the rates are pretty good. We tried it out.

17:58

We tried it for, like, a week, and we were like, oh, the numbers look pretty good. We're getting cheap sign ups. They're opening the email. That sounds great. And I was like, hey, Ben. Just, you know, just for just to double check here. Why don't you just email all those people that signed up? And,

We tried it for, like, a week, and we were like, oh, the numbers look pretty good. We're getting cheap sign ups. They're opening the email. That sounds great. And I was like, hey, Ben. Just, you know, just for just to double check here. Why don't you just email all those people that signed up? And,

18:10

Just ask him, like, you know, a simple question. Like, you know, hey, like, ask them a a one line question that would be What's the figure in? For the for them to answer just to be like, hey, I just wanted to know blah blah blah. I'm the founder of this thing. Just wanted to know because they're opening the thing daily. It looks like. Okay. Fantastic.

Just ask him, like, you know, a simple question. Like, you know, hey, like, ask them a a one line question that would be What's the figure in? For the for them to answer just to be like, hey, I just wanted to know blah blah blah. I'm the founder of this thing. Just wanted to know because they're opening the thing daily. It looks like. Okay. Fantastic.

18:24

Surely,

Surely,

18:25

they would they would reply to an email from the owner of the thing they read every day. Right?

they would they would reply to an email from the owner of the thing they read every day. Right?

18:30

And he was like, dude, guess how many I forgot how many there was, like, a couple thousand people on this thing. He was like, guess how many people replied?

And he was like, dude, guess how many I forgot how many there was, like, a couple thousand people on this thing. He was like, guess how many people replied?

18:36

I was like, well, you didn't say percentage. So, man, this is a number of people who replied, I was like, I don't know, like, four hundred, five hundred. And he was like, two. We got two replies. Turned off the chat. Oh my god. It was like, wow. And I know a bunch of other people that are still buying from this trap this, like, you know, this, this marketing player, this traffic source. And I'm like, well, They're they're just dumping money down the drain if they're doing that. Dude seeing,

I was like, well, you didn't say percentage. So, man, this is a number of people who replied, I was like, I don't know, like, four hundred, five hundred. And he was like, two. We got two replies. Turned off the chat. Oh my god. It was like, wow. And I know a bunch of other people that are still buying from this trap this, like, you know, this, this marketing player, this traffic source. And I'm like, well, They're they're just dumping money down the drain if they're doing that. Dude seeing,

19:00

Billy McFarlane and the Theranos lady go to jail,

Billy McFarlane and the Theranos lady go to jail,

19:05

like this woman potentially could go to jail. It's pretty crazy that, like, what

like this woman potentially could go to jail. It's pretty crazy that, like, what

19:11

Do do they not think, like, just, like, eight months in advance? It's like, man, this isn't, like, internet play games. This is, like, go to prison games. You're this is really screwing up.

Do do they not think, like, just, like, eight months in advance? It's like, man, this isn't, like, internet play games. This is, like, go to prison games. You're this is really screwing up.

19:21

A hundred plus million dollar acquisition and seventy percent of the users were fake, that is crazy. You go to prison for that type of stuff. That is wild. And it's just crazy to think that no one's there, and they're like,

A hundred plus million dollar acquisition and seventy percent of the users were fake, that is crazy. You go to prison for that type of stuff. That is wild. And it's just crazy to think that no one's there, and they're like,

19:33

Charlie.

Charlie.

19:35

You know, like, are you do you like generic Oreos and baloney sandwiches? If yes, then this is great because that's what you're gonna be eating for, like, the next nine months in prison. It's great. To their Oreos. That's that's nice.

You know, like, are you do you like generic Oreos and baloney sandwiches? If yes, then this is great because that's what you're gonna be eating for, like, the next nine months in prison. It's great. To their Oreos. That's that's nice.

19:48

Well, not not when it's every day and watered down kool aid, but, like, it's just it's it's pretty wild that people don't think ahead, but,

Well, not not when it's every day and watered down kool aid, but, like, it's just it's it's pretty wild that people don't think ahead, but,

19:55

this is such an obvious scam. Also, JP Morgan, you guys suck, man. You guys gotta be on top of the ball. Like, this is such a this seems pretty easy to to figure out. Yeah. Fair enough. Alright. What's what's next?

this is such an obvious scam. Also, JP Morgan, you guys suck, man. You guys gotta be on top of the ball. Like, this is such a this seems pretty easy to to figure out. Yeah. Fair enough. Alright. What's what's next?

20:08

Alright.

Alright.

20:10

Bitcoin and Ethereum are up twenty three percent over the last week.

Bitcoin and Ethereum are up twenty three percent over the last week.

20:14

Crypto's rallying,

Crypto's rallying,

20:16

one major cause is continued rise of inflation, six point five percent annualized in December. The question for you fellas, is crypto

one major cause is continued rise of inflation, six point five percent annualized in December. The question for you fellas, is crypto

20:24

back?

back?

20:25

No.

No.

20:26

You

You

20:32

wanna just end it there?

wanna just end it there?

20:36

Well,

Well,

20:36

I will give you

I will give you

20:39

that's a great answer, Sam. I will give you a slightly different answer.

that's a great answer, Sam. I will give you a slightly different answer.

20:45

Do I get to say, like, I told you no. I don't I don't get to say I told you so. Yeah. In fact, I might maybe take the other the other l that I did I sell book road too early, did I sell the bottom?

Do I get to say, like, I told you no. I don't I don't get to say I told you so. Yeah. In fact, I might maybe take the other the other l that I did I sell book road too early, did I sell the bottom?

20:54

No. I I think that a lot of things are rallying right now. Why? Because people did I I think it's just a simple answer. People did end of year sell off. In December

No. I I think that a lot of things are rallying right now. Why? Because people did I I think it's just a simple answer. People did end of year sell off. In December

21:03

for tax loss harvesting.

for tax loss harvesting.

21:05

And a lot of people will reenter. And then that creates some upward momentum. And when there's upward momentum, that makes people think Hey. Is it coming back? Is this the rally?

And a lot of people will reenter. And then that creates some upward momentum. And when there's upward momentum, that makes people think Hey. Is it coming back? Is this the rally?

21:13

Did we did we hit the bottom? Is it time to buy back in? And so people are buying back in? I don't think it's because inflation in December because guess what? We had inflation

Did we did we hit the bottom? Is it time to buy back in? And so people are buying back in? I don't think it's because inflation in December because guess what? We had inflation

21:21

October and November and September. And now I guess too, like, where where was, you know, if if inflation was driving crypto up, it should have been up all year last year, not, not down. And so I don't think that that narrative holds. I think it's much more likely that the same way that tech stocks having a little brief rally

October and November and September. And now I guess too, like, where where was, you know, if if inflation was driving crypto up, it should have been up all year last year, not, not down. And so I don't think that that narrative holds. I think it's much more likely that the same way that tech stocks having a little brief rally

21:40

It's, it's kind of like new year optimism,

It's, it's kind of like new year optimism,

21:43

people

people

21:44

being done with their kind of, like, in crypto, there's no wash sale rules. So you could sell book the loss for tax purposes and buy back in one minute later,

being done with their kind of, like, in crypto, there's no wash sale rules. So you could sell book the loss for tax purposes and buy back in one minute later,

21:52

if you wanted to. And so I think people are just buying back in, and I think there's a little bit of people chasing momentum. That's my guess. Have you ever looked at the correlation

if you wanted to. And so I think people are just buying back in, and I think there's a little bit of people chasing momentum. That's my guess. Have you ever looked at the correlation

22:00

between g wagon prices,

between g wagon prices,

22:02

used Rolex Market and Miami Pethouses and how it relates to crypto?

used Rolex Market and Miami Pethouses and how it relates to crypto?

22:07

There's gotta be a violation. I have not.

There's gotta be a violation. I have not.

22:10

There's gotta be a correlation. There's gotta be a correlation there. We got the best data people on it.

There's gotta be a correlation. There's gotta be a correlation there. We got the best data people on it.

22:13

Did you see

Did you see

22:14

Yeah. Ben Google that. Did you see,

Yeah. Ben Google that. Did you see,

22:17

I'm just gonna start telling Ben just to Google random stuff that are un Googleable.

I'm just gonna start telling Ben just to Google random stuff that are un Googleable.

22:21

Did did you see that there was a guy in like, you know how we have this Facebook group for MFM that we don't really check often, but there was a guy who was, like, posting in a bunch, and he created this website where you can sell your NFT at a loss

Did did you see that there was a guy in like, you know how we have this Facebook group for MFM that we don't really check often, but there was a guy who was, like, posting in a bunch, and he created this website where you can sell your NFT at a loss

22:34

for tax purposes is kind of interesting. It was a great idea, honestly.

for tax purposes is kind of interesting. It was a great idea, honestly.

22:38

What's it called? I forgot. I'm gonna forget the name. Be Ben might actually know it.

What's it called? I forgot. I'm gonna forget the name. Be Ben might actually know it.

22:43

It was call they advertised in the milk road. So I remember seeing it there and being like, oh, wow. This is actually a great idea. Hold on. Ben check your chat. What did you say? It was like a really it was like a white a white guy with, like, blond hair. Looks like Unicellable.

It was call they advertised in the milk road. So I remember seeing it there and being like, oh, wow. This is actually a great idea. Hold on. Ben check your chat. What did you say? It was like a really it was like a white a white guy with, like, blond hair. Looks like Unicellable.

22:56

What is it? Unsellable NFTs? Yeah. That's it. Unsellable NFTs. And so, basically,

What is it? Unsellable NFTs? Yeah. That's it. Unsellable NFTs. And so, basically,

23:02

if you wanted to book a a loss on your NFT, they would basically let you instantly get liquidity on get it right back, I think, is the is the idea,

if you wanted to book a a loss on your NFT, they would basically let you instantly get liquidity on get it right back, I think, is the is the idea,

23:12

which is just a very useful simple tool. So, you know, get on that guy for creating that. That that that was a smart smart idea.

which is just a very useful simple tool. So, you know, get on that guy for creating that. That that that was a smart smart idea.

23:18

So

So

23:18

is this the segment, Den Boys, Den Boys React. Is that it?

is this the segment, Den Boys, Den Boys React. Is that it?

23:24

I think I think not ready for them boys yet.

I think I think not ready for them boys yet.

23:27

I think we're still the boys until until we get a little more street cred.

I think we're still the boys until until we get a little more street cred.

23:32

Go to the YouTube comments and tell us Is the boys

Go to the YouTube comments and tell us Is the boys

23:35

gonna stick? Can I make it a thing? Because

gonna stick? Can I make it a thing? Because

23:39

I sure sure would like that.

I sure sure would like that.

23:41

Yeah.

Yeah.

23:42

Just type in a a thing or not a thing in the comments. I just wanna I'll do I'll read the poll. And if it says not a thing, I'll only continue for another three or four years. If it says it's a thing, I'm I'm totally validated. Alright. That's it.

Just type in a a thing or not a thing in the comments. I just wanna I'll do I'll read the poll. And if it says not a thing, I'll only continue for another three or four years. If it says it's a thing, I'm I'm totally validated. Alright. That's it.

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