Latest / The Curve / TCW61: Reddit’s IPO, Mcdonalds’ new menu item and the cocoa crisis.

Transcript

TCW61: Reddit’s IPO, Mcdonalds’ new menu item and the cocoa crisis. · The Curve

• 0:00
  Hi and welcome to the Curve Weekly. The podcast that keeps you up to date with all the money,
• 0:06
  business and stock market tea. Everyone should experience for us at least once in their lives
• 0:10
  and Annie shouldn't miss out just because she can't afford it. Help me. Another day,
• 0:16
  another studio studio and quotation marks. We are like secretly using an office in our
• 0:23
  clothing space. Quickly sit up, go for it. And I bet you someone's going to come in halfway through.
• 0:28
  Or like, you know, when you're just annoying five minutes to the end, excuse me,
• 0:33
  but this is startup life, you know, saving money here and there.
• 0:37
  It was just saying, like, gosh, if people could see what I was doing this, I think you should,
• 0:41
  you should. It was just, you know, when you have those moments, like, so we have such ambitions
• 0:46
  for the Curve and we saw many aspirations and it's so exciting. But there's moments where you go,
• 0:52
  gosh, I'm going to look back on this and probably laugh at the situation of, you know,
• 0:57
  when you're cutting out manually, cutting out name tags or like this morning, I was literally,
• 1:02
  just manually, you know, when you get to a size and you're like, oh, gosh, it's more the things
• 1:08
  you do as a co-founder because you need to do everything. Your job description ranges from
• 1:16
  cutting name tags to all the way up to making strategic decisions. It's like crazy. And yeah,
• 1:22
  this morning, I was just like, I just moved into a new place and I was head by pants. I was naked.
• 1:27
  And my pants on the ground, busy steaming my pants while I was trying to run out the door
• 1:32
  to get to another meeting, which I was probably going to be late for. It was just, and I was like,
• 1:37
  I just had to smile and go, oh my god, I'm probably going to look back on this and be like,
• 1:42
  we've been at time and you're like having to go, yeah.
• 1:44
  Well, we've received a lovely feedback email, didn't we? About our chit chat.
• 1:52
  So we got a lovely, we get lovely messages all the time and we absolutely love getting
• 1:56
  all of them from you. So thank you so much. And there's there's always the old funny one,
• 2:00
  all the one that, you know, makes us laugh. And this one, I forwarded to Sophie and I say,
• 2:04
  the law. Honestly, this message maybe laughs so much. Okay. It wasn't like, hi, how are you?
• 2:10
  Anything? It was just some feedback, maybe, comma. Why is the beginnings of your episodes
• 2:16
  drag on? That's not the right word, but it takes a while before the finance chat kicks in.
• 2:21
  And the endings are always rush, like, gotta go by or have somewhere else to be rush, rush.
• 2:28
  Don't take this as an offense, but just something I've noticed. And I thought,
• 2:31
  do you know what? Fair. If you just tune into this podcast and it says in the title,
• 2:37
  finance and investing education and then you get it and it's me being like,
• 2:42
  I got my most archwaxed in the weekend. You've been like, I'm very confused.
• 2:47
  I mean, I appreciate it. Yeah.
• 2:51
  But also, I do want to tell a funny story. There's nothing to do with finance.
• 2:54
  Well, we've got to leave time for the finance continuum. You know, before I was like,
• 2:57
  ah, ha, ha, the reason that that came to mind is because, you know, Emma, so we interviewed
• 3:03
  this awesome girl that we've made friends with in the co-working space, Emma Louise Boynton,
• 3:08
  who actually we're going to get on the podcast with interviewed her. We're just editing it.
• 3:12
  Anyway, it's all about sex and money because she has a platform called sex talks.
• 3:17
  So at the co-working space that we work in, there's like a separate kind of gym
• 3:21
  sauna area. And I bumped into her in the changing rooms. And she was like, do you know what?
• 3:26
  The other day someone was doing my makeup for sex talks. And she was like, do you have tweezers?
• 3:30
  I've urgently got to get rid of your moustache. And I thought, I don't think it's all good to point
• 3:36
  out stuff that people need to change about their face. You know, if you go into the laser on
• 3:40
  your legs and they're like, have you thought about lip filler? It's like, no, no, thank you.
• 3:45
  No, no, it's not your job to point out what I need to spend more money on to change about my-
• 3:49
  But isn't that the job top, so? I don't think it's appropriate. I don't know if anyone works
• 3:54
  in the beauty space. Can you tell us, is this something you get told to do? I have a hair
• 4:00
  that comes out of a mole. The same. And I feel like an old woman. I get, sometimes I forget
• 4:05
  about it. And I'll just catch my eye. I actually found one on my cheek the other day.
• 4:12
  It was just a random black hair. And I thought, God, Lord, how long has that been there?
• 4:17
  No one's told me. We're so vain. I mean, it's fine. But like, a cheek hair is kind of could go.
• 4:24
  Yeah. Just a singular big long black one. Hey, before we get corrected into the finance chair,
• 4:30
  which we should hurry up. We should obviously hurry up because someone's under within. We're not
• 4:34
  going to out her, but she'll be like, hurry up. So, last week, even right into the fancy, what?
• 4:46
  Don't even know if that's her name. I just thought that was kind of good. It isn't off.
• 4:51
  It's like, oh, sorry Nancy. Not just jokes, it's not Nancy. We just made it up.
• 4:55
  That's not Nancy, it was so close. Anyway, so last week we put a podcast episode out that you
• 5:00
  weren't on, which by the way felt quite strange to me. I honestly felt like I felt left out.
• 5:05
  I felt I was like, she doesn't need me. She's grown up. You know, I left the nest.
• 5:12
  We finally don't enjoy talking to myself in a room. Yeah. It's not fun. It's way more fun
• 5:17
  doing with you. But we just, the reason we did it is because it's been, you know, like even to
• 5:22
  fix like naked steaming pants on the ground comment, like it's been that that would be the
• 5:27
  epitome of what our life has been the last, probably month really. And we thought, you know what,
• 5:32
  we don't have time for the podcast this week. We're going to have to say why. So, you know,
• 5:35
  if anyone that missed it, we're in the middle of just, we've just decided we want to raise capital.
• 5:39
  We want to grow the curve way faster than what we can. Yeah. So we just need external funding too.
• 5:44
  We've got so many ideas that we want to push play on and we need money to do that. And so we want
• 5:50
  this to be an amazing platform catering to all different types of women at different stages
• 5:55
  of investing. And to do that, we need some extra help because it is only so for me. Well,
• 5:59
  and Emily, our podcast is amazing. I am. I love you. But yeah, we do need help and money,
• 6:07
  like we say is time. And so with more money, it could buy us more time to look at big picture
• 6:12
  things and make some really exciting decisions. But we've had some really cool people get in touch
• 6:18
  after listening to that. And I kind of didn't expect it. I wasn't saying that with the intention
• 6:23
  of really getting the ice was jokingly at the end. I don't know if you listened by the way,
• 6:26
  but I was like, if anyone's got a hundred percent, no, you don't. I did listen to that one.
• 6:30
  Okay. Yeah. Anyway, we had some really epic people get in touch. And also just amazing
• 6:36
  messages of support and being like, hey, you should chat to this person or like this person
• 6:40
  would be a great person for you to speak to for this reason. Like anyway, I just want to say thank
• 6:44
  you for all the amazing messages of support. And so if you can hear a siren, we're in the middle of
• 6:48
  London. Anyway, now we can move on. Finance chat. Finance chat. So it's Easter. So I thought I'd
• 7:00
  do a little Easter special. Oh, yeah. So why don't you bring chocolate as the traits?
• 7:07
  We've just been talking about how hectic our week is being. It's the little things,
• 7:10
  babe. I know. It's also the big thing. It's all the things in between.
• 7:15
  Sorry. Yeah, when someone's like, you're like, no, not really.
• 7:20
  Sorry, I take it. No, no, no. So it's Easter. And there has been a bit of, I guess,
• 7:26
  commotion because the price of cocoa is skyrocketing, like going up and up and up and up and up.
• 7:33
  And it has increased. It's doubled already this year. So we're only three months in this year.
• 7:41
  And the price of cocoa, which is the main ingredient in Easter bunnies and Easter eggs.
• 7:45
  I got it. Thank you for that. Yeah. Yeah, the obvious is just going like it's almost could be one
• 7:51
  of the best investments people are saying this year would be to it would be if you'd invested in
• 7:55
  the commodity cocoa. So it's cocoa a commodity because it's an ingredient or it's from the earth
• 8:00
  or it's a yeah, yeah. So commodities are kind of rare. They could be it's gold, it's aluminium,
• 8:06
  it's cocoa, it's coffee, all those things. Yeah, cotton, because that comes from a plant, corn.
• 8:13
  So it's like natural resources. Yes. Even milk powder. That's a commodity. Things that are
• 8:19
  traded globally is a commodity effectively or things that go into other things. So anyway,
• 8:25
  you could have invested, you could have invested in cocoa and you would have made double your
• 8:30
  investment in three months. But the reason is because West Africa has had a number of supply
• 8:37
  issues. So it's had bad weather disease, all of that. And so this is lead to small supply,
• 8:43
  not enough supply to cater for the demand. And a peak time like Easter, when everyone wants to
• 8:47
  eat chocolate, it means there's a huge spike in demand, but they can't keep it with supply. So
• 8:53
  prices are skyrocketing, which is annoying because we kind of have got over the inflation
• 9:00
  chat. And we're like, I just realized that we didn't really have a good buy inflation party.
• 9:06
  No. Or talk about the fact, you know, when you, if someone like has a chiptoat, you're like chip,
• 9:11
  chiptoat, chiptoat. And then as soon as it's fixed, you kind of forget it was chips. Yeah.
• 9:14
  I sort of forgot about inflation. Yeah, it's like an annoying sound. And then you don't, you
• 9:20
  slowly start not notice it. And then when it goes away, you're like, oh, anyway, we could use
• 9:25
  metaphors to the cows come home. I didn't even find that one. So Africa is in control of
• 9:37
  six percent of global cocoa. So they're having issues, means prices are going up. And so we might
• 9:43
  see what we call shrinkflation, which is your eggs make it a little smaller. Oh my god. My
• 9:51
  this guy I've just moved in with this morning was making his bagels and he's like, have you heard
• 9:55
  of shrinkflation? I was like, I have actually, he was like, my bagels are swear, I like half the size
• 10:01
  that they used to be. It's so annoying. Yeah. So we might see some sort of shrinkflation. But
• 10:08
  this is the worst supply of cocoa in 60 years. And we're probably going to see these impacts for
• 10:14
  another two years still. So yes. Happy Easter, everyone. In other news, we've got an update on
• 10:24
  WeWork actually. We actually had a meeting at a WeWork yesterday. Oh, yeah, we did. It was
• 10:28
  good. Yeah. It's actually quite nice when you're like, talk about things and then you experience.
• 10:33
  And this is, I know that you're taking the first, but it is actually quite a good example of how
• 10:38
  you can interact with your investments outside of your computer screen at the stock market. Yeah.
• 10:43
  Because you're right. That's such a good example of like, okay, what does it look like in here?
• 10:48
  Is it a vibe? Is it full? Is it indeed like? Is it, even though it's a product? Is it
• 10:54
  the discs and tatters? Is everyone saying hi or not? You know, yeah, you can just get a vibe
• 10:59
  check. Well, it's a product. Yeah. Yeah. So anyway, so the founder, Adam Newman, he has reportedly made
• 11:07
  an offer to buy back the business. Wait, so why do he leave in the first place? So he got kicked out.
• 11:13
  Well, he supposedly stepped down. He got voted out effectively because he was too outrageous and
• 11:18
  crazy. But anyway, so he stepped down a CEO in 2019. And he's wanted to get back in for a long
• 11:27
  time now. And remember, I think it was November last year. They went bankrupt. So it went from
• 11:33
  like a $47 billion company. And now he's been betting for at 500 million. Like quite kind of
• 11:40
  opportunistic. I think it's just pretty cool that he's coming back after years. He's still like,
• 11:46
  no, I still believe in this business. I still want to be the CEO. And now, imagine if he creates
• 11:51
  all that value again in the business and gets a back to $40 billion business, he would have made a
• 11:56
  killing. But it was so right. He's putting aside by coming back again. You know, if he, if something,
• 12:02
  I don't know, he got kicked out again, because he just didn't align with the strategic direction
• 12:08
  of Apple, got kicked out. When was this? Then he came back. Oh, this was like in the 80s. I want
• 12:15
  to say. And then he came back and took that business from strength to strength. Really? Yeah.
• 12:20
  See, like I do think that's sort of a not to gender it. But I think if someone gives me feedback
• 12:25
  or constructive criticism or says no or whatever, you really do have to have such strong belief in
• 12:31
  yourself to come back again and again. And I don't know. I think there's also a lot of people,
• 12:38
  a lot of sorry, there's also a lot of CEOs that stand in the way of and think they know, right,
• 12:44
  and can make the appropriate decisions for their business when sometimes an outside of you
• 12:49
  can be a lot better. So it's almost getting moving away from your ego, stepping aside, letting
• 12:55
  someone else that might be a bit more skilled and running a bigger business or something like that
• 13:00
  to take the reins and you benefit. But sometimes people are like, no, I want to be the leader
• 13:05
  or I'm out. You know that there could be a bit of, I don't want to be told what to do. And
• 13:09
  anyway, but quite interesting that when they filed for bankruptcy, this allowed them to renegotiate
• 13:15
  all the leases that they have on their properties. Well, most of them in the US and in Canada. So
• 13:19
  they're now in a much stronger position financially, because they've got all these new terms and
• 13:25
  lease agreements. So I don't know, it'd be interesting to see what happens, but quite if you to
• 13:31
  people that kicked them out. Do you think, though, bankruptcy, just hearing you talk about the
• 13:36
  way in which now they're in a better position financially, surely all the landlords and all of those
• 13:40
  people kind of effed over by the new deals, right? So can you strategically bankrupt yourself to
• 13:49
  for something like this to happen? You can, but I think there's a role around if you go bankrupt,
• 13:55
  if you're a director of a business that goes bankrupt, you can't then start a new business for
• 13:59
  seven years. See that. Yeah, there's something around that. So if the curve went bankrupt,
• 14:04
  we couldn't start. I just blame you. Yeah. It was all thanks, babe. So like the final
• 14:11
  hour, I was just sitting here and you ran up to the studio to get your phones and I said,
• 14:15
  if they come in, I'm going to blame it on site and say, oh, my business partner, I thought,
• 14:18
  my business partner, I thought she did it. Sorry, sorry, sorry, just blame it. And you're
• 14:24
  going to be like, what? Anyway, okay. So other news and we're a bit late to the party with this one,
• 14:31
  but we didn't do a curve weekly last week, read it his IPO. And it was up 50% on the day that it
• 14:39
  IPO'd. That just doesn't surprise me. It's coward to the people, you know, to the people, but
• 14:45
  so it would jumped up 50% on the day and kind of finished down. Can you give context for people
• 14:49
  who might not know who's invested in it? Some people might have missed the memo that it was
• 14:54
  so read it the social media platform IPO, which means it publicly listed its shares for the first
• 15:00
  time. So you and me job logs, we can all buy shares if we want to. And some of its users actually
• 15:08
  got access to buy shares. So it was kind of this whole power to the people. We're going to open up
• 15:13
  the IPO to our users as well as everyday retail investors. But anyway, so it did really well. So
• 15:20
  it shot up 50% and then kind of came down a bit, but ended up 30% which is amazing for an IPO.
• 15:26
  Like, particularly, it's quite a risky investment. Nobody knows what what it's going to do if there's
• 15:30
  going to be people once at IPOs that are still going to buy shares or did everyone get what they wanted
• 15:36
  at the IPO and therefore they're not going to buy more. You know, you want to create that support
• 15:40
  and that hype once at IPOs as well. So anyway, how are they even monetizing as advertising?
• 15:45
  Yeah, yeah. It's valued at $6.5 billion now. And just the other day, a short report came out.
• 15:54
  So this is a hedge fund that has short a whole lot of reddit shares, which means they profit
• 16:02
  if the share price falls. The mechanisms of shorting stock, we can get into another day, but it's
• 16:07
  effectively when you borrow a stock. So you, I'd go to you and say, hey, can I borrow this? And you
• 16:12
  want the price to fall. So let's come out with a short report being like reddit has over hyped
• 16:17
  it's it's user growth. It is just IPO did a really opportunistic time. We think that the user growth
• 16:24
  is going to fall off a cliff like all this stuff, which is spoke to people people are like, oh,
• 16:28
  you guys probably know what you're talking about. What if it turns into a main stock where all the
• 16:33
  people band together and then they're like, do you know what? Actually, if you hedge fund, we're all
• 16:36
  going to buy it and then you're going to be absolutely screwed. Yeah, well, it's funny because reddit
• 16:40
  was the platform that all the meme stocks started. So for everyone that's never listened to this
• 16:45
  podcast before or maybe missed the full memo. So meme stocks, there was bedbath and beyond,
• 16:51
  there was stop. Game stop, even the word sounds iconic now. Basically, what happened was actually,
• 16:58
  I think I can not explain it. So what happened is that people got onto reddit and were like, hey,
• 17:04
  this company's share prices down in the dumps, but let's all band together and buy it. And it's
• 17:10
  because hedge funds were short the stock of say, bedbath and beyond. And they're like, let's
• 17:15
  fuck with the hedge funds. Let's fuck with the big people that and the reason that they're
• 17:18
  fucking with them is because if the share price goes up, they will buying it as an even on reddit
• 17:23
  buys bedbath and beyond. And this hedge fund is short the stock. It means that they could go out
• 17:26
  of business. They lose so much money. So every time the share price goes up and if it goes up and
• 17:31
  up and up and up, they're losing money. Hand over fist for infinity really until the share price
• 17:37
  stopped going up. So this was like, let's, let's screw with the big, big guys in the ivory tower,
• 17:42
  you know, like, let's power to the people. And they did. And a lot of hedge funds went bust,
• 17:47
  they lost so much money. And so it's quite funny that now, and I honestly was expecting for someone
• 17:56
  to come out. If your platform is screwing with hedge funds, the hedge funds are going to come
• 18:00
  after you. Do you know, it's like a bit of cat and mouse. It's like, oh, do you think they're doing
• 18:05
  a bit of a, oh, totally. It's like, it wouldn't be, wouldn't be publicizing very platform that could
• 18:10
  do the exact same thing again. Yeah. To make, like, it's basically like being like, here's my big
• 18:16
  weak spot. Come and shoot me. Yeah. Yeah. It's also just like, chill. Stop trying to get one up on
• 18:23
  each other. You know, I'm here for the drama. Yeah. I'm here for the drama. Yeah. Yeah.
• 18:29
  Anyway, so it's two prices for them quite a bit in the last week. I think it's about 11%. So it's
• 18:35
  still, it's still above its IPO price, but this has spooked a few investors. Dan, and you're going
• 18:44
  to hate this one. Oh God. Oil companies are doing really well in McDonald's. You know what I was
• 18:50
  saying the other day to serve just off the record. So my lower budgeting was no breach for year.
• 18:59
  And lower budgeting for anyone that missed it is this TikTok trend that was like, you basically
• 19:04
  broadcast something that you're committing to not spend money on a budget on. And like,
• 19:08
  everyone can keep your accountable because you've shouted it from the rooftops. So yeah,
• 19:12
  I'm not using Uber Eats for a year. That's what I'm shouting. Oh my gosh. We didn't kick
• 19:17
  it out. We kicked it out. It's not really, really. Anyway, they, oh my god, it sounds like someone's
• 19:21
  coming. Well, you're going to say you'd make you've saved Eats. Sorry. Sorry. That's finishing that
• 19:25
  story. Gosh, I've had two coffees. I'm a bit scared of brain. We're finishing that story. I
• 19:30
  have not only saved Eats, but I've realized how much McDonald's I used to eat because that was
• 19:35
  literally probably the most popular thing that I would order off Uber Eats. And the other day,
• 19:40
  I was like, should I get McDonald's? I was like, I cannot remember the last time I had McDonald's.
• 19:46
  Which I know for you, you know, vegan, healthy, vegan, but you're all like very, very
• 19:52
  health conscious. I'm like, I'm like, I'm like, burger, let's just do it. Whereas I feel like
• 19:58
  you would probably starve and then go home and make your own cashew mayonnaise or something.
• 20:02
  I'm so impressed that you think that's who I am and that I'm still giving off that vibe. I'm
• 20:06
  real happy to hear it. I remember living with you and you were like, making your own cashew mayonnaise
• 20:10
  or some shit. I was like, I was like, girl, just buy it. Honestly, like the time it's taking you,
• 20:15
  I would be so angry that I would bet anything. Sorry, we're getting so excited.
• 20:19
  Before we do it back onto it, I think you need to confess something about your other loud
• 20:23
  budgeting. Because they've had too loud budgeting. Because it's coming from you. You haven't
• 20:28
  even done one. No, but you did minute. I know, but I didn't commit. You did. I know, but
• 20:32
  we're not having a fight on the podcast. I broke my coffee one. I can't believe you didn't
• 20:44
  think I'd bring that up. I know. So Vic made another loud budgeting, which was she wasn't
• 20:48
  going to spend more than two, like she wasn't going to send money on more than two take-where
• 20:53
  coffees. And it's so hard on London. When you're running from A to B or I don't even have a place
• 20:58
  to live so I don't have a coffee machine. I reckon it's that you knew no one knows you in London
• 21:03
  and you could get away with it. And if someone had me up, I'd be like, no, no, this is just my first
• 21:07
  one for the week. Anyway, sorry, we can get back to whatever we want. Sorry, Vic. Like throw me
• 21:13
  out of the bus, but I don't have any of my own loud budget. Anyway, yes. So McDonald's has just
• 21:21
  done a deal with crispy cream donuts. So you'll be able to go to McDonald's, certain locations in
• 21:27
  the US and you'll be able to buy donuts with your big Mac combo. I know. I'm just like, my heart
• 21:34
  is hurting just hearing that. Oh, that's good though. Yeah. People go off for crispy rings.
• 21:40
  Crispy cream is pretty iconic. They're at the airport. And I always
• 21:44
  if people are getting like trays and trays of them. And I'm just like, I don't think I've never
• 21:48
  had one. Really? I mean, the little and Friday donuts in Auckland. If you're ever in Auckland,
• 21:53
  shout out to little and Friday. Oh my god. The original glazed crispy creams. You bite into them
• 21:59
  and they kind of melt probably because then 99.9% fat. Yeah. But they are pretty. Well, maybe a tie-up
• 22:06
  between McDonald's and crispy cream works then. I thought you were going to say they put the
• 22:10
  burger in the doughnut. I mean, they could have. But anyway, crispy cream from a revenue generating
• 22:14
  perspective, they generated nearly $2 billion in revenue from donuts last year.
• 22:23
  What would you mark up there? You should be paying that much money. That's crazy. And they've
• 22:27
  maintained revenue growth every year for the last 10 years. So they've maintained a decade
• 22:33
  streak of revenue growth year after year after year. So for the last 10 years,
• 22:36
  the revenue is growing year on year on year. But I find public. Really? Which I find fascinating,
• 22:43
  considering we're moving into world with health, wellness and donuts are growing. The sales
• 22:49
  of donuts are growing more more. I think that our bubble and people we know are, I think it's
• 22:56
  it's a privilege to be able to eat healthy and to know about how good XYZ is for your body
• 23:04
  when it comes to exercise or food or any kind of nutrition. I actually think,
• 23:10
  yeah, I do think we're in like a privileged bubble of being able to look after our health. And
• 23:14
  it is a massive percentage of the world who just wouldn't cross your mind. I don't know. It wouldn't
• 23:21
  be like, oh, this is unhealthy. It's like, well, if I think back to when I was younger and what
• 23:24
  what I do, I crispy cream. Yeah, like what I didn't know about food and how food is energy and,
• 23:32
  you know, if you eat bad food, but if you eat bad food, that's going to impact your
• 23:39
  your focus, your energy, you're just like your day to day living. But yeah, if you don't know that
• 23:43
  and you're privy to that, it'd be so hard to function as well as anyway. Yeah, there's like so many
• 23:49
  aspects having good health. Anyway, so they've had the stellar run of growth and he runs kind of
• 23:53
  like what's next, what's next. So then the fact that they've announced this deal with McDonald's.
• 23:58
  Huge. It's huge. Yeah, it's going to be going to be in nearly 14,000 locations in the U.S.
• 24:04
  And in the U.S. And it was up 40% on this announcement.
• 24:09
  I really feel like a diner. Should we go the trait? I think we deserve it, actually.
• 24:14
  I've been treating myself though. I think it's just like the shit with her. And I'm like, oh,
• 24:18
  I'll just get a bag of oil. It's a treat. It's not a treat like you. I know. I've become one
• 24:25
  and I hate it. Give me some french fries any day the week breakfast lunch or dinner.
• 24:29
  I don't. Sorry. Well, now I can go to McDonald's and get a diner and you can get some french fries.
• 24:36
  We actually didn't practice that ending. And hopefully.
• 24:41
  And fancy. Yeah. Fancy Nancy. Yeah. Okay, with this ending, we don't have anywhere to be.
• 24:47
  We're really happy to be here. And maybe we'll just stay on the line.
• 24:50
  Yeah, we'll stay here. I feel like we're about to get kicked out.
• 24:56
  And that is the Curve Weekly for this week. Do you think she's going to listen again?
• 25:02
  Or she hate us for calling it up? Because I genuinely appreciate the feedback.
• 25:07
  Same. I know it seems like maybe we're being a bit lean.
• 25:10
  I do think the last few episodes we hate being old. No, and we've had to be like,
• 25:15
  rush. I mean, I just like their fish say in and out, you know.
• 25:20
  So maybe we actually are rush. Sorry. Well, we'll work on that.
• 25:23
  Put some more time aside. Derek, can we wrap this up?
• 25:26
  Yeah. Cool. I'll maybe not you. Maybe not you.
• 25:29
  I'm fine. I don't mean you better be. No, I think to do.
• 25:35
  Okay, let's go. So much to do.
• 25:38
  Thank you so much for listening to the Curve Weekly.
• 25:40
  Make sure you hit the subscribe button to stay up to date with all the many
• 25:43
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• 25:46
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• 25:50
  That if you did hate it, please. Yeah, don't leave one if you hate it.
• 25:54
  No, but in all seriousness, could you please leave a review?
• 25:56
  Because it really helps other people find our cute little podcast.
• 25:59
  And we hope you have a good week and see you next Monday.
• 26:01
  Bye. Bye.
• 26:04
  So yeah, see you next Tuesday.
• 26:06
  Well, see you next Tuesday. I mean Monday.