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Nepo Sandwich Babies, Billionaires Buying Sports Teams and the Pied-à-Terre Tax — Episode 195
Shane and Ethan are back, and the World Cup jerseys are out. Episode 195 covers the Jersey Mike's IPO and the Forbes disclosures revealing that family members collected around thirty million dollars in compensation ahead of the company going public, Jeff Bezos co-leading an AI startup called Prometheus and declaring that AI will make single income households viable again, and Vinod Khosla's ten billion dollar purchase of the Seattle Seahawks plus the 20-year beach access lawsuit he has been fighting with the state of California.
They also break down New York City's new pied-à-terre tax…
The skinny
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