02:25:18 · Jordi Hays, Marcus Milione, John Coogan
[02:25:18] S1: That's amazing. Three full time and all all in house, like in in in in New York. Yep. How how like, what is how are you thinking about supply chain? Like, are you making a lot you're making some stuff in New York from from what I recall, but imagine you're making it all over. [02:25:40] S4: Yeah. A lot a lot of the performance stuff is made over in China. You know, the shoes were in Indonesia. That's a Saucony factory, so that's not us. Jewelry Italy. I mean, we're kind of spread out, but we have a lot of good manufacturing partners. I would like to bring some more of those pieces here to The US. I think it's just we're not super agile, you know, as a company, so switching a factory overnight isn't really possible, and there's a whole, like, resampling and and reproducing process that would need to go into that. So we're we're focused on, like, catching up to the fashion calendar right now because right now, we've been behind since day one. We've been behind, and we kind of release when we can. But we're Got it. This year, we will catch up to the calendar and be, know, releasing products in the proper weather. [02:26:35] S0: Is that a double edged sword? Good. I mean, I [02:26:39] S1: I It's like, hey, we have a winter coat [02:26:41] S4: in [02:26:41] S1: our [02:26:42] S4: Oh, we've done it. I've done hoodies in the August.
02:26:42 · Marcus Milione, John Coogan, Jordi Hays, Tae Kim
[02:26:42] S4: Oh, we've done it. I've done hoodies in the August. [02:26:44] S0: Yeah. Wait. But is that a double edged sword where, if you're the only hoodie that's going on sale in in the summer, like, at least it's, not a noisy time and you're not getting crowded out and so maybe there's a benefit or silver lining. [02:26:57] S4: No. It feels bad. It feels bad. It feels bad. Yeah. Yeah. You don't wanna do that. [02:27:02] S0: You don't wanna do that. That's funny. When you say like the the the calendar, are you just talking about the seasons or are there specific moments where all the brands, you know, sort of coalesce around, this is the day or this is the week when, like, fall collections go on sale? Or, like, how how how precise are we being? Because I know that there's a whole fashion runway show circuit, but I'm not tapped in enough to know if there's a real cycle to it or a logic. [02:27:28] S4: Yeah. It I don't think it's that crazy for for, like, the performance stuff. I think you wanna hit, like, spring, summer, fall, winter. [02:27:34] S1: Yeah. [02:27:35] S4: And even that is a little more relaxed. Like, can kind of do it based off when people start training for certain things [02:27:40] S3: or Sure.
02:27:40 · Tae Kim, Marcus Milione, John Coogan, Jordi Hays, S2
[02:27:40] S3: or Sure. [02:27:40] S4: Or how the weather is shifting. But, you know, there are times if you want to do stuff around the the world marathon majors, then you kind of have to like prep for that. And a lot of those start, you know, November, October, November. Yeah. So yeah. I mean, depending on what you wanna hit from, like, an event standpoint, that kind of shifts shifts stuff because it does get cooler then, but you're still releasing, you know, obviously tanks and stuff that you're running in to stay cool. But, yeah. I mean, spring, summer, fall, winter for the most part is is good enough. [02:28:11] S0: Yeah. That makes sense. [02:28:12] S1: Are you a nominative determinism guy? [02:28:14] S0: The chat thinks you're basically a millionaire. Say. Marcus millionaire. [02:28:18] S1: Marcus millionaire. [02:28:20] S4: Yeah. I don't know. [02:28:21] S3: There's faith. [02:28:22] S4: I guess on paper. Yeah. The company would be worth worth [02:28:26] S0: yeah. That's fantastic. Congratulations Downs. On all the progress. [02:28:30] S1: Yeah. Great to finally have you on the show and yeah. Just congrats to your to your team of three on accomplishing what what what would be difficult for for even a team of 300. It's super impressive. [02:28:42] S4: Yeah. Thank you. I appreciate both of you. Thanks for having me on. [02:28:45] S1: Yeah. Great to see you. [02:28:45] S0: Thanks for hopping on. [02:28:46] S1: Talk soon, dude. [02:28:47] S0: Talk soon. Congrats again. [02:28:48] S2: Yep. Yeah.
02:28:48 · S2, John Coogan, Jordi Hays
[02:28:48] S2: Yep. Yeah. [02:28:51] S0: Jensen Huang talked about the quarter that NVIDIA just had. He said the build out of AI factories. Boo. The largest infrastructure expansion in human history. Yay. Is accelerating at extraordinary speed. Yay. Not a fan of the AI factory terminology, but good that there is progress being made. Agentic AI has arrived. He says doing productive work. True. Generating real value. True. And scaling rapidly across companies and industries. Also true. Lots of good stuff. NVIDIA net income, it rose to 42,960,000,000. They almost hit 43,000,000,000. Not too bad. A year earlier, they were doing just 18,800,000,000 in net income. Huge, huge increase. [02:29:43] S1: Really wild. Really wild. Printing. Definition of printing. [02:29:47] S0: All good news. The stock is sort of up and down, basically flat, but NVIDIA revenue jumped 85% to 81,620,000,000 from 44,000,000,000 last year, the company said. [02:30:02] S1: Shocking. [02:30:02] S0: Yeah. Great stuff. In the timeline, you know who I mean, Steve Wozniak crushed the crushed his commencement speech. We'll we'll we'll have to debate this to see did was he actually a good communicator? Is he setting the tone correctly? But we should still play the clip of Steve Wozniak, the cofounder of Apple at Grand Valley State University because he talked about AI. And unlike Eric Schmidt, he did not get boo off booed off stage. He actually got cheered for his Wait. [02:30:36] S1: This was who was it, Tyler? Steve Wozniak? No. No. No. Sean I'm a big fan of Sea Wozniak. [02:30:44] S0: I love the wasp.
02:30:44 · John Coogan, Jordi Hays, Steve Wozniak
[02:30:44] S0: I love the wasp. [02:30:45] S1: Shot's fired. [02:30:46] S0: Let's play the clip from Grand Valley State University on Instagram here. Can we play this from the beginning? It might loop back, but he's doing bits. He's getting laughs. [02:31:00] S9: You all have AI. You all have AI. Actual intelligence. [02:31:06] S0: Oh, mic drop. Knee slapper. Hey. Play into the crowd. You're gonna need a He big knows the audience. He knows the audience. [02:31:15] S9: We're trying to figure out how to make a brain. Software, hardware, synapse chips. And I was at a company where the engineers figured out how to make a brain. Takes nine months. [02:31:29] S0: Yeah. Knee slapper. But he knows the audience. He's delivering the right thing. Is he AGI pilled? Is he super intelligence pilled? Probably not. But it is regardless, I think it's it's potentially the right framing for the crowd. It's knowing the audience and and and that is a way to bridge to a broader conversation about AI, a broader conversation about how humans fit into a post AGI world. I don't know. We'll have to go watch the full [02:31:59] S1: clip eventually. Let's close it out with this video from Tyler that we can pull up. [02:32:04] S0: Okay. What is this? [02:32:05] S1: This is the video I was referencing with with Marcus. I'm very concerned about these gentlemen [02:32:11] S0: Okay. [02:32:11] S1: And what they're doing. Pull it up. Pull it up. [02:32:15] S0: What's happening? Let's get [02:32:18] S1: like, this is this is insane contact. I mean, the helmet is getting dented. I think this is breaking.
02:32:18 · Jordi Hays, John Coogan
[02:32:18] S1: like, this is this is insane contact. I mean, the helmet is getting dented. I think this is breaking. [02:32:26] S0: Issue. Skill issue. They really hitting that, aren't they? [02:32:32] S1: Run it run it back one more time. One more time. He's just this is just wrong. They're taking it too far. I don't I don't see how you leave this without a concussion. [02:32:54] S0: Mhmm. [02:32:56] S1: But we'll try it out after we We [02:32:59] S0: have the gong mallet. [02:33:00] S1: Yeah. That that [02:33:03] S0: seems like it would do some damage. [02:33:05] S1: Thank you for tuning in with us today, folks. It has been an honor same boat. Of lifetimes to podcast with you today. It's been great. We hope you have an incredible evening we'll Leave [02:33:18] S0: us five stars on Apple Podcast and Spotify. Sign up for the newsletter at tbpn.com. We'll see you tomorrow. Goodbye. Cheers.