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[1897.50 --> 1904.62] when you'll get stuff sign up for your free trial yeah right sign up for the free trial |
[1904.62 --> 1909.98] freshbooks.com slash when enter when how did you hear about a section or that's good for us and when |
[1909.98 --> 1912.46] or freshbooks.com slash one |
[1912.46 --> 1920.30] uh you can go to any freshbooks you want and what the heck the next sponsor is |
[1921.74 --> 1925.74] these guys here you read it i have it here you're professional |
[1927.02 --> 1934.06] fortnite guys gamer boys and girls colton was talking to fortnite apparently yes this is fortnite |
[1934.06 --> 1940.78] gamer boys and girls look if you're looking for the best gaming uh play play time of your life you better |
[1940.78 --> 1947.26] download fortnite battle royale because it's the free 100 player pvp mode in fortnite you got one |
[1947.26 --> 1954.54] giant map you got a battle bus you got fortnite building skills it slices it dices okay so i actually |
[1955.26 --> 1959.74] i've tried playing fortnite i i need to play more but the thing that like i needed to get a hang of |
[1959.74 --> 1963.50] was the building thing i don't get how to do it that's the main thing that has different than pubg is |
[1963.50 --> 1967.18] building fortnite building skills and destructible environments combined with intense |
[1967.18 --> 1972.86] pvp combat that's person v person just so you know i thought it was person versus porcupine |
[1972.86 --> 1977.82] nope they are last one standing where the adversary guys guess what it's available on pc |
[1977.82 --> 1984.62] playstation 4 xbox one ios mac and soon on android devices actually now it is on android august update |
[1984.62 --> 1991.66] that colton it's it's it's available now except as we said in tech link today exclusive on samsung |
[1991.66 --> 1998.30] devices until two days from now the 12th and then august 24th is when the note 9 launches so if you |
[1998.30 --> 2002.30] have a brand new samsung device and you only want to play with other people who have a brand new samsung |
[2002.30 --> 2007.34] device this is your weekend baby you got plans get in on it so download fortnite for free in the |
[2007.34 --> 2013.02] description below using our link sorry i'm moving the table each install that comes from the link below |
[2013.02 --> 2019.42] also help support the wan show so so if you already have the game just uninstall and reinstall yeah and |
[2019.42 --> 2026.06] give us more money and we love you so much but fortnite this ain't your mom's video game |
[2027.66 --> 2033.58] i mean it might be if your mom plays that's fine can i eat the jerky again then yes yes you may |
[2033.58 --> 2039.34] it's a lot spicier than i thought it was now it wouldn't be a week of tech news without something from |
[2039.34 --> 2048.54] elon musk just right this week he may or may not have manipulated stock markets yeah uh if he goes |
[2048.54 --> 2055.74] to jail soon and the stock price totally tanks you'll know why so i i didn't understand this |
[2055.74 --> 2062.30] really so it's so he tweeted that he might take tesla private might might take tesla private funding |
[2062.30 --> 2067.66] security is what he wrote right so wait do we need to tell people what private and public companies mean i i |
[2067.66 --> 2072.46] i don't really understand that okay when you start a company i mean i understand that you go on the |
[2072.46 --> 2077.02] stock exchange basically it's like anytime anyone starts a company it's a private company it's owned |
[2077.02 --> 2082.54] by the people who start the company yeah and that's it when they get really big it's usually because they |
[2082.54 --> 2089.34] want to fundraise they make the company public which means that anyone can buy ownership of that |
[2089.34 --> 2096.06] company and that's what a share is so instead of me and you owning james riley corp suddenly thousands of |
[2096.06 --> 2101.50] people can own it and because they all i want to buy pieces of it you get a lot of money no i don't |
[2101.50 --> 2105.18] want other people to share in the special relationship you and i that's right because |
[2105.18 --> 2110.22] if they do then you have you're beholden to them so a public company that has shareholders they have |
[2110.22 --> 2114.86] to serve the shareholders the shareholders are represented by the board and every week the |
[2114.86 --> 2118.46] board's trying to make you hit target so you can make more money for the shareholders and all these |
[2118.46 --> 2124.78] annoying things that are really bothering elon musk so he would like to take tesla back from being |
[2124.78 --> 2129.34] public i think it's called a leverage buyout when you you were public and then you're like no |
[2129.34 --> 2133.42] we're just gonna buy all the shares back from everybody and we'll be private again just like spacex |
[2133.42 --> 2139.18] is yay so what he claimed in this tweet was that hey guys i found someone with enough money |
[2139.18 --> 2147.02] to buy all the shares back from you at a stock like a share price of 420 and at that moment |
[2147.02 --> 2156.22] 420 am i right the stock price at that time was only 340 bucks so if that news was true then that |
[2156.22 --> 2163.10] means that the share i hold that's worth 340 is soon going to be worth 420 nice so a lot of people |
[2163.10 --> 2167.66] were like whoa i need to buy shares before that transaction happens because i as long as i buy |
[2167.66 --> 2172.46] those shares while they're worth less than 420 bucks i'm gonna profit but then once he tweets it |
[2172.46 --> 2181.82] the shares go up and then it's too late so if he makes a tweet like that he has to there's the uh |
[2181.82 --> 2187.74] the sec which is the what do they call it the securities financial the the federal communications |
[2187.74 --> 2197.10] what what fcc no the sec the securities exchange commission commission council triumphant uh so you're |
[2197.10 --> 2202.70] allowed to say that you're gonna do that as long as it's true if he if he actually does have a backer |
[2202.70 --> 2207.02] that was actually gonna follow through they've they've been in talks there's someone who has the |
[2207.02 --> 2211.50] money to do this he's allowed to share that information with shareholders he's even allowed |
[2211.50 --> 2215.42] to tweet about it as long as he tells the shareholders beforehand right as long as that's |
[2215.42 --> 2220.70] all true because if it's not true then obviously every other week elon could be like uh yeah someone's |
[2220.70 --> 2225.26] gonna buy it for about uh six million dollars a share and then the share goes and then the stock price |
[2225.26 --> 2230.54] and at that point he's just manipulating the markets yeah so after he tweeted that now there's |
[2230.54 --> 2237.58] an investigation uh into whether or not it's true and you can tell from the stock price right now |
[2238.86 --> 2242.86] that there's not a lot of confidence that it is true because when you first made the tweet we went |
[2242.86 --> 2248.86] with 340 up to about 380 at which point my accounting friends were like boot dude you should sell right |
[2248.86 --> 2254.06] now if you have tesla because there's no way this is real and it's just gonna crash and that's exactly |
[2254.06 --> 2259.82] what happened it went up to 380 and now it's back down to 350 because people think he's just bs-ing |
[2259.82 --> 2266.62] and you didn't sell well if i do have tesla stock oh you can't tell people that you stole that you |
[2266.62 --> 2271.82] that you sold it you can't tell people i think i can tell people that's not i don't know you're giving |
[2271.82 --> 2275.18] me this look like you can't tell people no you can tell people do you guys want to know i have some |
[2275.18 --> 2283.18] tesla stock not a lot it's just because i like tesla fancy boy ooh this is a stock market guy over here okay |
[2283.18 --> 2288.38] here's the thing i hated reading all the tech news about all the my favorite companies and they're |
[2288.38 --> 2293.34] doing cool things and the stock price is going up and you're just not a part of it right so it makes |
[2293.34 --> 2297.58] everything's more fun when you're kind of just a part of it and then you just you just do stocks |
[2297.58 --> 2304.06] because you feel like you're closer to mr musk you're kind of your role model maybe role model how |
[2304.06 --> 2308.94] do you think grimes feels about that i like grimes i've seen her live i support a.k.a. see partner |
[2308.94 --> 2315.58] what i see her live her name is she changed her name to c like the letter like the light speed |
[2315.58 --> 2326.54] of light constant oh yeah so always a capital okay um so do you think well i hope that uh i hope that he |
[2326.54 --> 2331.82] that he did let the shareholders know because if he did isn't that is it how big of a deal if it if |
[2331.82 --> 2338.30] they is it going to be if they find out that he did like screw up it's bad like if he just did it just |
[2338.30 --> 2343.98] willy-nilly yeah it's pretty bad not only is the share price the stock price will tank to sub 300 |
[2343.98 --> 2349.18] for sure i think you can like it's fraud or something like that like he might even go to |
[2349.18 --> 2355.98] jail elon musk in jail wow he'd find a way he'd find a way out yeah the boring company just digs him out |
[2357.74 --> 2362.94] okay that's what the boring company is for yeah you're gonna dig me out he started it he started |
[2362.94 --> 2367.10] the boring company because he knew he would pull something like the tunnel's gonna go from my cell |
[2367.74 --> 2373.26] underwater to a floating autonomous barge while i'll launch on a falcon heavy to mars |
[2373.90 --> 2377.82] they'll never catch me he'll go from the real life iron man to like the real life |
[2379.10 --> 2383.98] super villain i don't know what's what's the super villain version of iron man lex luther yeah there |
[2383.98 --> 2390.70] you go he'll be losing his hair that picture all right so do you think he's he's not a dummy he knows |
[2390.70 --> 2396.22] finance and stuff we may be witnessing the birth of the first real life super villain that would be so |
[2396.22 --> 2400.54] fitting because everyone thought he's kind of like a superhero so he'd be like this fallen angel |
[2400.54 --> 2408.86] type oh my gosh oh by stock now before he does seem pretty unstable on twitter sometimes this is not |
[2408.86 --> 2415.34] what this podcast is about he called that guy a pervy guy who pedo dude that guy in thailand that |
[2415.34 --> 2420.14] that was the first time that like keep your comments to yourself pedo dude i was like elon what are you |
[2420.14 --> 2430.14] doing yeah i felt like like uh padme he was breaking my heart elon what stop you're breaking my heart |
[2430.78 --> 2436.86] from my point of view the sec is evil i killed them bezos |
[2438.54 --> 2445.74] yeah i'm on the bulb now uh i really wish i think in the future we can use blockchain technology to invest |
[2445.74 --> 2451.42] not only in companies but in people sorry somebody just put in the chat you were the chosen one |
[2452.06 --> 2457.18] yeah nice one okay sorry what if you can invest in people that'd be so dope like if everyone had |
[2457.18 --> 2463.34] their own crypto like coin invest in people yeah like so okay so elon sounds like elon gets with grimes |
[2463.34 --> 2469.18] right he starts dating grimes yeah people are like whoa grimes value is about to go up like she's trending |
[2469.18 --> 2474.86] i buy grimes coin and then like grimes was super popular because she's now by proxy super like |
[2474.86 --> 2478.70] more famous than she was she gets like record deals and tv deals so she's worth more money so |
[2478.70 --> 2483.98] their coin goes up and i own that grime coin i don't want to live in that world you're saying you |
[2483.98 --> 2490.78] wouldn't buy james coin no i'd buy james coin because i laser coin i believe in you thank you yeah all |
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