179: Telegram & Pavel Durov, $100m Podcast Deals (Alex Cooper, Kelce Bros), Oasis Reunion & Costco Japan

The NIA boys discuss Telegram & Pavel Durov, $100m Podcast Deals (Alex Cooper, Kelce Bros), & Costco JapanTimestamps:(00:00:00) - Intro(00:01:51) - Meme of the Week(00:08:17) - Telegram Founder Arrested(00:31:35) - Censorship vs. Misinformation(00:48:35) - $100m Podcast Deals (Alex Cooper, Kelce Bros)(01:06:34) - Costco In Japan1) Pavel Durov, Telegram founder, arrested in Paris• Warrant out since July• Charged with crimes happening on platform• Raises questions about platform liability• Free speech concerns vs. content moderation• Key issue: Telegram's encryption approach may have led to arrest2) Telegram's encryption dilemma:• Not end-to-end encrypted by default• Secret chats require 4-5 steps to activate• Group chats (200k users) & channels aren't E2E• Helped growth, but now govt pressure3) Podcast acquisition frenzy continues:• Alex Cooper (Call Her Daddy): $125M deal with SiriusXM• Travis & Jason Kelce: $100M deal with Wondery• Podcast power law: Top 25 shows = 50% of US listens4) Spotify's podcast strategy:• Spent $1B+ on tech & content since 2019• Goal: Diversify from music, own more content• Mixed results: some hits, many misses• Now pivoting to more sustainable deals• Example: Trevor Noah's new contract structure (recoup + rev share)5) Costco opens in Okinawa, Japan to MASSIVE crowds• 5-hour line just for parking• Why so popular? Bulk buying, Kirkland brand, low prices• Adapts to local market (e.g. amazing prepared foods)What Is Not Investment Advice?Every week, Jack Butcher, Bilal Zaidi & Trung Phan discuss what they're finding on the edges of the internet + the latest in business, technology and memes.Watch + Subscribe on Youtube:https://youtu.be/rQQIyawql4sListen into our group chat on Telegram:https://t.me/notinvestmentadviceLet us know what you think on Twitter:@bzaidi@trungtphan@jackbutcher@niapodcastFollow NIA on social media:Instagram: https://www.instagram.com/notadvicepod/Facebook: https://www.facebook.com/profile.php?id=100089813414522TikTok: https://www.tiktok.com/@niapodcast Hosted on Acast. See acast.com/privacy for more information.