The Pentagon’s surprise school. DoorDash’s video-gamer strategy. Goldman’s Apple mistake.

TL;DR

DoorDash has become the dominant food delivery platform, thanks to its focus on catering to video gamers. Goldman Sachs' attempt to expand into consumer banking with the Apple Card has resulted in significant losses. Pentagon-run schools for military families have become the best in the country, thanks to high spending on teachers and a focus on diversity.

Transcript

this is Nick this is Jack it's Wednesday Ceviche Wednesday October 18th and today's pod it is the best one yet but check it's not just today's pod that's a t- booy is it man uh the t-boy Pod insta count is on fire right now the Instagram situation at T Boy Pot can we talk about what's happening here man okay we got charts we got videos we got infog... Read More

Key Insights

• ⚾ DoorDash's success can be attributed to its strategic pivot towards catering to video gamers, who make up a significant portion of their customer base.
• 👍 Goldman Sachs' expansion into consumer banking with the Apple Card has proven to be a costly mistake, resulting in significant losses for the company.
• 👨‍🏫 Pentagon-run schools for military families have become the top schools in the country due to high spending on teachers, diversity within the student population, and a strong focus on education quality.
• ⚾ DoorDash's success highlights the importance of understanding your customer base and customizing marketing efforts to cater to their specific needs.
• 🙈 Goldman Sachs' failure with the Apple Card partnership serves as a reminder that blinded by the brand, companies may overlook unfavorable terms and ultimately suffer significant losses.
• 👨‍🏫 Pentagon-run schools demonstrate the impact of investment in education, particularly teacher salaries, on overall educational performance.
• 👨‍🏫 Diversity within schools has been shown to improve educational outcomes, as seen in the success of Pentagon-run schools.

Questions & Answers

Q: How has DoorDash become the dominant food delivery platform?

DoorDash has catered specifically to video gamers, who are their fastest-growing customer segment. By sponsoring gaming events and conferences and offering special deals, DoorDash has become the go-to food delivery service for gamers.

Q: Why has Goldman Sachs suffered losses with the Apple Card?

Goldman Sachs' consumer banking push, including the partnership with Apple for the Apple Card, has resulted in significant losses of $3 billion. The deal heavily favored Apple, with Goldman Sachs losing control over branding and customer experience.

Q: Why are Pentagon-run schools considered the best in the country?

Pentagon-run schools for military families have high diversity, which has been shown to lead to better performance. Additionally, these schools spend significantly more on teachers, resulting in lower turnover and higher performance among educators.

Q: How has the pandemic affected Pentagon-run schools?

Unlike other school systems, Pentagon-run schools actually saw improvements in test results during the pandemic. They were able to adapt and continue delivering quality education, thanks to their diverse and well-supported teaching staff.

Summary & Key Takeaways

• DoorDash has become the leading food delivery platform, with more than half of its orders coming from video gamers who spend 70% more on the service than non-gamers.

• Goldman Sachs' expansion into consumer banking with the Apple Card has resulted in losses of $3 billion, leading to the recognition that the deal was a mistake.

• Pentagon-run schools for military families are the top schools in America, outperforming other schools in reading and math. These schools have high diversity and spend significantly more on teachers, resulting in better performance.