In this episode of the Chad and Cheese Podcast, hosts Joel and Chad discuss a variety of topics including Snoop Dogg's decision to turn down a $100 million offer from OnlyFans, the ongoing legal challenges faced by Indeed, and Upwork's launch of a new AI feature named Uma. They also share personal updates, travel plans, and insights into the fantasy football league, while providing shoutouts to industry figures and discussing market trends.
PODCAST TRANSCRIPTION
Joel (00:33.08)
Two guys who can check in whenever they like, but they can never leave. Hey boys and girls, it's the Chad and Cheese Podcast. I'm your cohost, Joel, vote early cheeseman.
Chad (00:45.036)
This is Chad. Boom boom boom, Sowash.
Joel (00:48.536)
And on this episode, indeed get served. Snoop says no to $100 million. And who'd you rather? Let's do this.
Chad (01:01.624)
Nolence. So have you had enough Nolence? Have you had enough Cajun food? That's probably a big no, right?
Joel (01:07.85)
I can never have enough Cajun food, but I I would I'd have some weight issues if I lived down here. I am. It's too much rice, cornbread, gumbo, etouffee, catfish, spicy food. Yeah, it's it's it would be rough on me to live down here, but it's nice to visit every so often, every so often. And we got it fantastic weather. Usually you're melting in, you know.
Chad (01:17.838)
It's still good. It's still good. Yeah.
Chad (01:31.598)
It is, it is, it
Joel (01:36.136)
sauna-like humidity and it's just beautiful. It's beautiful.
Chad (01:37.134)
Mm-hmm. Yeah, no, none. Yeah, thanks to Outsaw for that. I heard they actually ordered low humidity. That's awesome. We're going to find ourselves at the World War II Museum tonight, which I'm really excited about because you haven't been there yet and you're a history buff. You're I mean, you're going to have to bring another pair of underwear with you. That's all I got to say.
Joel (01:58.146)
The outside is enough to get excited. mean, the statues, Roosevelt, just, yeah, I'm pretty pumped. They say the three hours that were there will not be enough time to soak it all in. Yeah, a little tease for, if I had to pick one theater, which should I pick, Europe or the Pacific?
Chad (02:02.017)
yeah.
Chad (02:12.494)
It'll be a tease. It'll be a tease. Yeah.
Chad (02:19.053)
I lean toward Europe first. Yeah. And then, you know, kind of give that tease for coming back for the Pacific. So kind of like band of brothers and then the Pacific later, you know?
Joel (02:22.914)
Yeah, okay.
Joel (02:30.914)
Fair enough, fair enough. I'm going to focus on Europe tonight, tonight. And let's focus on some shout outs, shout out. As you know, our sponsor by our friends up North, Kiora, that's text recruiting made simple chat. Who you got on shout outs this week?
Chad (02:38.765)
Yes.
Chad (02:49.004)
My shout out is to Jeff Taylor. Yes, the original founder of the Monster Board and CEO of what was later created and y'all know it as Monster.com. Jeff wrote an announcement on Facebook and here it is, quote, hello to all. I'm amazed at how little has changed in quote unquote, our space. Do you agree? Somehow the process program we've pioneered 30 years ago is still
the way it was. Paid a post and resumes behind a paywall with keyword sort to identify greatness. To identify greatness, that's funny. It was the way but no longer works well enough, especially with the large language model overlays. It's been, insert your adjective here, shitty is my adjective, to watch Monster navigate the changing landscape.
The recent move to merge the two once titans of our industry makes sense on one hand, but on the other hand, two lukewarm glasses of water combined can't logically make a hot glass of water, even if you rename it tea. Man, Jeff, you gotta work on these. Should have thrown this in the chat GPT. So, he's decided, I'm just gonna cut to the chase here, kids. He's decided to start a new company and I'm gonna...
Joel (04:09.432)
to use this.
Chad (04:14.54)
say that there's only six people in this company thus far, which is gonna be called Boom Band. And so I don't know if you remember or not, but Boom Band and Boom Boom Boom from Eons, you remember that? Boom Boom Boom, he's bringing it back. He's bringing it back. So shout out to Jeff Taylor and Boom Band. Good luck, buddy. There are so, so many startups in this space.
Joel (04:29.442)
do. I do.
Chad (04:41.742)
Good luck. We'll see what you got. Maybe you'll come on to firing squad
Joel (04:46.178)
So in that long-winded description, I still don't know what the hell it is. it doesn't say anything. Okay.
Chad (04:49.956)
it doesn't say anything about what it is. He says large language models and that kind of stuff, but there's no indication of what it is. And I looked for boom band and it's literally like a waterproof watch. mean, it's like, okay. Well, so monster, there were a bunch of, a bunch of different monsters. was monster cable, monster drink. So I guess he doesn't care about the actual name itself. He'll just make it the way he makes it. Good for you, Jeff. Good for you, Jeff.
Joel (05:14.12)
huh. Yeah. Well, yeah. And we'll get into patents, patents and trademarks later. so my shout out, although it may sound like a big downer, goes to posters. Chad, I've been in this business for 25 plus years and I'm still amazed at how surprised I am at the businesses that money can be made in such bizarre places.
Chad (05:25.367)
yeah, yeah.
Chad (05:35.434)
huh.
Chad (05:40.174)
Big money.
Joel (05:40.312)
But we're here at the OutSolve conference. They just made an acquisition of a company called Labor Law Center, which sounds like a lot of important nothing, but they make posters. Posters, the posters that are in break rooms with the legalists, the different laws, all the things that the government says you have to do. And this company is incredibly profitable and successful. you don't appreciate
Chad (05:51.49)
Yes they do.
Chad (06:04.846)
killing it.
Joel (06:07.244)
When California changes their minimum wage laws, well, shit, every company of any significant size in California has to get a new poster. And who do they call? Not Ghostbusters, they call it the Labor Law Center and they get a new poster. These guys are shipping out posters in a warehouse. It's just amazing how much money and businesses and compliance companies that make tons of money on making sure the companies stay out of
Chad (06:34.146)
Mm-hmm.
Joel (06:37.112)
court and stay out of the long arm of the law doesn't touch these companies. hey, shout out to Jesus Posters and Labor Law Center who's making bank on making some fucking posters. Good for them.
Chad (06:38.978)
water.
Chad (06:48.654)
Yeah, yeah. One thing we haven't done, we might want to do a Chad and Cheese movie poster once a year, who knows. But where would you get that? You would get it at chascheese.com slash free where you can register to win t-shirts, the sexy t-shirts provided by Ayr and App. Bourbon barrel aged syrup, yes, by our friends at Keyura. Beer from our friends at.
Joel (06:58.338)
Come on
Chad (07:16.128)
Aspen Tech Labs, that is a bunch of craft beer delivered to your front door. Whiskey from Tex Colonel and Bullhorn, buh-buh-buh-buh, Bullhorn, we'll hear about them later. Two bottles of whiskey. And if it's your birthday, you could win rum from our friends over at Blum. you know I can.
Joel (07:39.81)
Well, Chad, we went over all the birthdays from last week through the end of the month. So, yeah, so the rum still needs to go out. It's going to be a little Halloween treat for someone out there who's celebrating a birthday in October. But yeah, we've done the birthdays for the month. And what else is done? Travel for the year. Unbelievable. Unbelievable.
Chad (07:43.682)
That was a long list, yeah.
Chad (08:00.238)
Well, yeah, I mean, not travel, but events. You're going to travel to your backyard and watch your new pool get winterized from what I understand. What else you got going on? since you won't be on the road again with the Chad and cheese.
Joel (08:14.754)
So this was a crazy travel year for us, crazy event year for us. with the magic of technology, with my watch and tracking my sleep, like it's incredible how bad travel is for your body. Sleeping, everything is awful. So I'm gonna take time to like recoup, get back to some normalcy, spend time with family, enjoy the holidays. Yeah, I'm gonna do a lot of nothing for the most part. How about you?
Chad (08:17.442)
Yeah, isn't fun.
Chad (08:29.09)
Yeah.
Chad (08:43.352)
So again, we're on the other side of the coin on this one. So Julie and I voted on Monday. So we're headed back to our place in Europe, although we have renders there until November 15th. So we're going to be hopping around Portugal and Spain for two weeks, going to Sintra, which is a beautiful place just right outside of Lisbon, then headed to Nazaré, which is, you've probably seen the Netflix series. Those are the biggest waves in the world, over 100.
100 feet waves. We're go check those out. Then we're gonna go to Caixcaix, Cadiz in Spain, and then visit some friends in Gibraltar, and then go back to Cabanes when we're gonna get into Joel Cheeseman mode and do a good amount of nothing.
Joel (09:22.434)
Mm-hmm.
Joel (09:26.146)
There you go. There you go. Now the election, you'll be in Europe when that goes down. you have a celebration, a watch party? You're just gonna ignore it? Like what's your sort of US election strategy?
Chad (09:41.218)
We're gonna be in Nazaré, and Kennedy's actually gonna fly down from the UK. So she's gonna come in. It'll be an all night thing. So it's not gonna be, we're gonna go to bed at two o'clock in the morning. It's gonna be an all night kind of thing, at least for the girls, because they love it. This is Julie Super Bowl. She loves her some politics, yeah.
Joel (09:42.701)
Joel (10:02.624)
Yeah. Now, next question, will you be watching it from a European news point of view or will you be logging into CNN, MSNBC or whatever US news outlet of choice?
Chad (10:13.506)
I think for our brain space, it'd probably be better if it's from Europe because we don't get as much as the propaganda and bullshit that we see from the left and the right and all over the place. It's like more straight news. There's still obviously the propaganda ring. yeah. Yep.
Joel (10:26.69)
Little BBC, yeah, a little bit of a news. Well, while you're there, Chad, don't forget that there's football, and there's football, and there's fantasy football with the Chad and Cheese podcast. Week seven is in the books. Thanks to our friends at Factory Fix for supporting our unhealthy addictions. Here's your leaderboard heading into week eight. Number one, the Matt Ozzie.
Chad (10:33.826)
Yes!
Chad (10:39.502)
Mm-hmm.
Joel (10:53.08)
Dean the Mac Daddy mackerel is in the number one spot. David Stifle knocked him off the top spot. Your boy Joel right here, Cheese. Cheese is in the number three spot. Hanging tough like new kids on the block. Number four we got Jennifer Terry Tharp. You are moving up to the fifth spot, which was a nice, nice week for you. And the commish, Keith Sonderling is right on your tail. Action Jackson, Dalquis is number seven.
Chad (10:53.717)
He's back.
Chad (11:03.352)
Too bad. Bronze, young bronze.
Chad (11:12.739)
Yeah.
Joel (11:21.56)
Followed by Laura Martinelli, Dina Perro for Pyros last year's winners number nine like a Led Zeppelin Adam Gordon, that's right. Some things from Scotland are crap apparently that is Adams Adams fantasy football strategy. He is at number ten like a brick in the ocean number 11 Christie Lisbon and Sean Sean Horton just loves
loves the basement. just loves the cellar. He loves the caboose. Like Sean, I don't know. I don't know. He allegedly, he told me he's getting help from his neighbor. I'm thinking his neighbor's not doing him any favors. He might need to go to another source. Maybe something. Yeah.
Chad (11:51.789)
He does.
Chad (11:56.152)
Is he only playing his bi players at this point?
Chad (12:07.473)
Ciao!
Go to Adam Gordon. Adam Gordon can help.
Joel (12:14.794)
Adam's got some trade bait he'd like to float by you. And by the way, Adam probably knows none of his players, so he'll trade anybody at this point. do that. But that is our week seven Fantasy Football Roundup, sponsored by our friends at Factory Fix. And let's waste no time. Right?
Chad (12:34.584)
The Jopics!
Joel (12:37.878)
Right into the news and what better company to talk about than Indeed, our faves. Flexi World Technologies, that's right, say it with me. Flexi World Technologies is suing Indeed for patent infringement related to data mining technologies used in Indeed's products like Indeed Ads and Resume Project. The lawsuit claims direct and indirect infringement by Indeed and its customers with Indeed being served.
Chad (12:45.078)
Mm-hmm. Flexy.
Joel (13:06.122)
on October 21st of this year. Chad, your take on all this legal-ess at Indeed.
Chad (13:13.038)
Yeah, so apparently, you know, they say this is willful infringement because our friends over at FlexiWorld, and we don't know who FlexiWorld is. I mean, this is the first time I think we've ever heard of them. But anyway, our friends over at FlexiWorld, they let Indeed know December 29th, 2021 through a letter, a notice letter that, hey, stop this patent infringement. And again, you said Indeed ads, Indeed resume project, Indeed instant match.
And these features are allegedly accessible through both web-based platforms and mobile applications. These are all important things for Flexi. It's incredible because they're also citing that the clients are infringing on the patents, right? And there's indirect infringement. What's the indirect infringement? Well, Flexiwork claims indeed
Joel (13:46.04)
Mm-hmm.
Chad (14:09.812)
induced infringement, induced as in pulled people in to infringe their customers on how to use Indeed products that were already infringing, right? So it's like, there's this bigger conspiracy that looking for first and foremost, Indeed knew what they were doing. Second, they were pulling accomplices in to do what they were already doing. Number three, this is gonna go badly. I don't know, I'm not sure.
Joel (14:18.061)
Mm-hmm.
Chad (14:39.672)
We've seen these patents over the years. We've talked about Grasses Greener having the scraping technology patent, those types of things. Nobody's ever enforced them before. So this to me is going to be an interesting precedent. So FlexiWorld, let's see what you got, man. Let's see what you got.
Joel (15:00.733)
I'm going get out my crystal ball and see what the judge's final say is on this case.
Chad (15:11.278)
If you go to FlexiWorld, man, all they have on their site is patents. The button up top, like you go to ours and it says, watch, you know, watch the AI sessions or something like that. Theirs is, check out our patents.
Joel (15:15.201)
Yeah.
Joel (15:24.182)
Yes, this from what I can tell is a one man show. This is not a company. There's no profile page on LinkedIn. It's from what I can tell one dude in Asia, which seems to be Taiwan slash China. His name's William Chang. creates patents and then hopes to like literally he has country by country patents that he has. Now he has an illustrious work.
Chad (15:47.5)
Yeah, yeah, mostly in the US.
Joel (15:51.32)
career, he's worked at Sharp and some other companies, but this seems to be like a just patent troll looking to get paid by a lot of companies. mean, recruit there in Japan, it's right in his backyard, like that seems pretty juicy probably. The news section on this site hasn't been updated since 2019 and it jumps from a 2019 news release to 2002. So there's a 17 year gap between
Chad (15:53.986)
Mm-hmm.
Joel (16:20.086)
whenever, when these guys, yeah, when these guys thought it was important to, to, yeah, yeah, yeah. Look, he better have some deep pockets on this to fight indeed and try to get some money from this and their clients. I, I don't know. Maybe they'll pay them off. Maybe this is how this guy does business. Look, historically this is, we have an interesting space. grass is greener from the nineties, created a technology that would do vertical search. It would scrape jobs.
Chad (16:20.248)
He was busy. He was building stuff so that he could patent it. Yeah.
Joel (16:48.312)
A guy named Chris Amato, which became OptiJob and Get the Job. There's one, there's a blast from the past. Bought this in part to enforce this patent on simply hired, indeed, et cetera. I remember talking to Paul Forrester about this when I was writing, she said, he was commenting about prior art, whatever the hell that means. In other words, it's been done before. There's some malevolence that they got this patent and it's already been done.
Chad (16:55.437)
Yup.
Chad (16:59.778)
And he didn't. And he didn't.
Joel (17:17.814)
I don't have a lot of hope in this. The Monster Cable you mentioned, which is another blast from the past. Forever, Monster.com had this little thing at the footer that said, not associated with Monster Cable, which had a link back to Monster Cable, which was probably great for their SEO, but they had a lot of other links around. I think they were getting paid by Monster to use the Monster trademark. I don't know. This dude better have some money. He better be in it for the long haul. Indeed, maybe they'll just write a check.
Chad (17:30.522)
huh.
Joel (17:47.384)
But this just seems like a stereotypical troll, patent troll case that we'll probably never hear anything from again. They'll pay him, they'll write a check, get some coins from the cash cushion, and Mr. William Chang will be gone and on to his next patent case.
Chad (18:05.346)
and little bit richer and a little bit richer.
Joel (18:07.724)
Little bit richer. Yeah, there's nothing nothing wrong with that throw that it's being a little bit richer Let's take a quick break and we'll get to to up work
Chad (18:09.774)
Predictions kids, predictions kids.
Joel (18:22.218)
All right, Chad, Upwork is back in the news. They've launched Uma. No word if it's named after Uma Thurman, one of Gen X's favorite, you know, daughters, sisters. Upwork has launched Uma, its first mindful artificial intelligence, that's in quotes, designed to enhance the work experience on its platform for both freelancers and businesses.
Chad (18:33.838)
Kill Bill, baby. Kill Bill.
Joel (18:48.232)
Uma assists in creating job posts, matching freelancers with jobs through best match insights, and aims to reduce the time and effort required for job postings. your thoughts on Uma, not Thurman. Or give us your thoughts on Uma Thurman. Who cares? It's our show.
Chad (19:03.692)
Yeah. mean, yeah, yeah. Well, Kill Bill, not Kill Bill 2. That's my thoughts. For freelancers, I mean, it's AI tailored proposals. I mean, they're literally just infusing chat GPT with frameworks and templates, which is smart. But I mean, this is something that we're going to see from every organization, and they're going to be able to pump features out like every other day for things like.
And then on the business side, it's just better matching for giggers. So they're going to start using their language, large language models, much smarter, where they're kicking out better content for the freelancers so that they can actually use and engage the businesses in a more business-like way, looking more professional. And the businesses will be able to target the types of individuals that they want. And I mean,
everybody is probably saying, well, I mean, this isn't really big. It's not, but the thing is, what's going to happen is it's going to snowball and it's going to be feature after feature after feature after feature, and it's going to be laid into these platforms. And that's not going to be the old feature-ridden platforms that we were used to where you had to go and click and go down and go over and so on. It's all going to be a part of the process methodology. So if I'm actually going to try to pitch a business for a project,
It's going to be a flow. It's going to be a total workflow that is going to... It's going to be very easy compared to what it was before. So these features are going to start rolling like a snowball and it's going to make the experience much better for everybody. Yes, this seems like nothing, but again, get ready. It's going to continue.
Joel (20:47.298)
the way, Uma Thurman, Dangerous Liaisons is topless in that one. just, my memory serves, if my 19 year old memory serves correctly, Uma does make a topless appearance in that movie. So Upwork, and I've been using Upwork for a long time. I was using it with Elance to find people and it's generally a really good source of contract workers. mean, most recently when we are at HR Tech, we had an Upwork.
Chad (20:53.71)
What was it? I don't remember seeing much of that though, cause I mean,
Joel (21:15.864)
contractor come in and shoot our videos from HR tech. traditionally great service. Now what has been an issue for a long time is on the freelancer side, you put a job out there and then you get like what are horrible responses, horrible cover letters, like just bad and you try to weed through it and make sense of it. What this will do is help
Chad (21:19.15)
Mm-hmm.
Chad (21:37.912)
Yeah. Yeah.
Joel (21:45.762)
Freelancers particularly in countries that aren't maybe English first speakers Create cover letters that are much more let readable much friendlier To the to the company so this will take a lot of the grunt work out of their life and Quite frankly most of them feel like copy and paste It's the same cover letter for every single job that goes out there Hopefully they'll be able to customize a little bit. It'll be more personable
Chad (21:49.912)
Mm-hmm, right.
Joel (22:14.252)
From the business side, posting a job used to be pretty painful. It took a while. What they have now is kick ass. It's like, what do you need? Some basic choose categories and then it will write the job for you. You can then customize it from there. So from an employer looking for contractor perspective, much easier. This is a really clean, easy way to look to post jobs.
And from a freelancer side, I think it's going to be much easier to interact and engage with employers, which will make it a friendlier environment for everybody. And I think make it much more fun to use. To your point, tip of the iceberg. Yes. They partnered with open AI about a year ago. And I think you're going to start seeing more of these things roll out better matching. I do notice that I'm starting to see emails around, here's some other matches that just came online, which
Chad (22:46.872)
Mm-hmm.
Chad (23:08.046)
Mm-hmm.
Joel (23:10.22)
you know, weren't there when I first posted the job. So there going be things that they roll out that are much better to help match companies and employers. So I applaud this. And I also think that if you're in this space and you're not providing these kinds of really cool, easy to use tools, you're going to suffer. So this is going to, I don't want to say commodity, but this is going to be something that we just expect when we use these services. you know, applaud, applause for, applause for Upwork for being, you know, one of the early.
Chad (23:25.71)
Mm-hmm.
Joel (23:38.597)
early companies to integrate some of these open AI tools.
Chad (23:40.462)
Get the boo ready. just, I literally just got a text that Upwork, are having a cross the organization cut of 20%. Yeah, so 800 employees, which means 160 cut. Again, this is a rumor, just came over with my text. Very, very solid, solid person who sent it. So I would say,
Joel (23:55.064)
There you go.
Joel (24:02.936)
Mm-hmm.
Chad (24:10.2)
This is probably true, but again, just rumor, we've got to go ahead and check some other sources on this. So yes, interesting.
Joel (24:16.728)
Well, look, we know that as companies build this stuff in, they don't need as many developers as they used to. I don't know who's getting laid off at Upwork. The company's been, yeah, so the company's been stressed as we know in terms of earnings. So it doesn't surprise me. And a little bit of good news, a little sugar to make the medicine go down a little better, I guess, is maybe part of the strategy there on that one.
Chad (24:25.624)
Set across the board.
Chad (24:29.528)
Mm-hmm.
Chad (24:35.868)
You
Chad (24:39.886)
In that being said, I've got to give a shout out to my wife, Julie, who scooped us, or that's what she wants to do, that she scooped us on the Indeed stuff. So she actually found the court case, which nobody else had been talking about. It was on Bloomberg Law or something like that. Out of nowhere, she found this thing. So big shout out to the job board doctor. If you want to see the entire case,
It's actually, it's out there on jobboarddoctor.com. Go take a look at it. I hate the legalese stuff. I put that bad boy into chat GPT. Got a good summary out of it. Check the summary just to make sure. But yeah, shout out to Julie. Shout out to our sources. Thank you so much. We would not have this great news if it weren't for all of you wonderful people.
Joel (25:29.292)
I was gonna say your marriage has achieved a different level of freakiness. If you guys are sitting around reading Bloomberg law as part of your getting hot and heavy, a little hot and heavy over Bloomberg legal documents, geez, good for you, good for you. Can I interest you in some, who'd you rather? Who'd you rather, Chad? one of.
Chad (25:39.031)
yeah. You don't know what gets her hot. That's all I got to say.
Chad (25:52.512)
yes, lovely smooth giraffe.
Joel (25:56.38)
favorite games. All right, here's how this traditionally works. We read two companies. Generally, they get money, make an acquisition, and then Chad and I will decide who we'd rather of the two companies. Now, this time we're going to read some established companies, some news, and then we're going to pick whose future would you rather buy in this case. Let's start with Ronstadt. Now, we all know Ronstadt is headquartered in the Netherlands. Just wanted to point that out to everybody in case they forgot.
Chad (26:16.951)
Mm-hmm.
Chad (26:24.098)
Not Germany, everybody, you know? Okay, okay.
Joel (26:24.918)
So not Germany, not Deutschland, although I have heard that Holland is Germany's Canada, or whatever that's with. So Rundstadt reported better than expected quarterly profits, boosting its shares by over 4%, despite some economic challenges. The company also acquired Zorgwerk, I'm probably not saying that correctly, it's probably Zorgwerk, for healthcare expansion, and anticipates Zorgwerk.
Chad (26:31.328)
that's a call. Yeah.
Chad (26:49.148)
Why did you say in a German?
Joel (26:52.644)
We will ask the questions. Their healthcare, to expand their healthcare, they anticipate clear business conditions post the US elections, which is kind of becoming a trend. A lot of companies are saying, well, until the election is figured out, things are gonna be a little bit rocky. Now from Ronstadt to Bullhorn, another established company, Bullhorn Ventures has invested in staffing referrals
Chad (27:07.694)
Yes.
Joel (27:21.334)
an automated referral management platform aiming to enhance staffing firms ability to source higher quality talent through digitized referral programs. As you will know, Chad Bullhorn just acquired our friends at Tex Colonel, who's also a sponsor of the show. So Chad Bullhorn or Ron Stott, whose future would you rather?
Chad (27:35.939)
Mm-hmm.
Chad (27:45.016)
Well, Ronstadt has the upper hand with the money. Bullhorn has the upper hand with the tech. The futures technology. Ronstadt has already demonstrated to me after the acquisition and failed management of Monster.com that they don't have a high enough priority on owning and building their own tech, which means they're going to have to continue to partner, which means they're going to have to hope and pray.
that the best of the best are gonna wanna continue to partner with them. Bullhorn's acquisition, as you just said, of TexKernel is doubling down on better technology, opening up total addressable markets, which is exactly what we wanna see. This is outside the staffing market, right? And making smart business slash technical moves. So, RonSide isn't going anywhere. Don't get me wrong, right? They are big, they are a Goliath, they're pretty safe as a business. But as a growing business,
a technology business in the age of GPUs, AI, who knows what's next? I'd rather bullhorn.
Joel (28:52.376)
So I struggled with this one at first because it's a little bit like saying would you rather buy the Indiana Pacers or the Indiana Fever? One is way more profitable, been around a lot longer, has a reliable fan base. But the other one has Caitlin Clark and a lot of tailwinds, a lot of momentum in tailwinds. So although on the service, it seems like a really silly comparison.
Chad (29:09.87)
Uh-huh.
Chad (29:14.914)
Momentum, momentum. Yeah, yeah.
Chad (29:22.434)
Mm-hmm. Yeah.
Joel (29:22.476)
and you've worked at Ronstadt. for you not to choose them, having been on the inside a little bit is interesting. So the news was good, stock was up 4%. A lot of employees, yeah. And Bullhorn's not a public company, so we don't know exactly what's going on there. But what really, Ronstadt buying Monster was really stupid. So like.
Chad (29:36.056)
Down year over year, but yeah.
Chad (29:42.659)
Mm-hmm.
Chad (29:48.984)
Yeah.
Joel (29:49.888)
The judgment there isn't great. And of course they were able to back out of that. Bullhorn has had a really interesting acquisition strategy, particularly here as of late. And they seem to really have a vision and what pieces are going to fit that vision. Sort of like when we talk about deal making acquisitions that really makes sense to what the business is. And I thought about like, okay, brand is important. I'm a brand guy. I like brand, but we look at our own industry.
Chad (30:10.082)
Yeah. Yes.
Joel (30:17.432)
CareerBuilder and Monster are not what they used to be. And even in the S &P, so in the year 2000, the top 10 companies by market cap were names like General Electric, Exxon, Nokia, and Cisco. The only company that's still in the top 10 from 2000 is Microsoft.
Chad (30:35.742)
huh.
Chad (30:42.86)
Wow. Wow.
Joel (30:43.352)
So even though you're a big brand, have a lot of history and money, is reasonably that history does not smile on you just because of those reasons. So I as well, Chad, would rather bullhorn than Ronstadt. You know what I'm saying?
Chad (30:48.142)
Mm-hmm.
Chad (31:01.502)
Here's a beautiful quote that I literally just heard from one of my, a legend, General Honore. We've been in a landscape where it is, if it ain't broke, don't fix it, right? That's the 1930s, 19, if it ain't broke, don't fix it, right? The new way of thinking, if it ain't broke, break it. We are moving too fast. You can't stay in still. You have to, if it ain't broke, break it.
Joel (31:30.04)
break shit and move fast. wait, that didn't work out real great for Facebook, that is who'd you rather everybody. And we're gonna take a quick break and talk about Snoop Dogg.
Chad (31:32.026)
huh. That's still working. It's still working.
Chad (31:46.241)
Love me some Snoop, man.
Joel (31:47.832)
Snoop Dogg, whoever would thought in 1993 that Snoop would be a national treasure and quite a tastemaker and such a friend to the establishment.
Chad (31:59.47)
bolstered the Olympics, mean him and Martha, who would have saw that shit coming together? I mean, just brilliant, brilliant.
Joel (32:07.512)
Yeah, it's pretty fascinating that Snoop has become what he has become. anyway, Snoop Dogg confirmed on Watch What Happens Live, I've never seen that, I don't know if you have, that he turned down $100 million. That's right, Chad, $100 million from OnlyFans, one of our favorites, humorously noting his regret came from a personal place saying, quote, the only part
Chad (32:11.918)
Mm.
Chad (32:18.284)
I haven't either.
Chad (32:25.582)
Whoo! Whoo!
Joel (32:36.952)
that regrets it is my friend down there. I'll let you figure out who his friend down there is. That's a quote. Yeah, he declined the offer to respect his wife's feelings despite the lucrative proposal to share adult content. Chad, your thoughts on Snoop's decision and could you turn down $100 million to be on OnlyFans?
Chad (32:43.33)
his penis.
Chad (32:48.654)
Hmm.
Chad (33:00.59)
Well, first off, love Snoop the Death. I mean, he understands he is a brand. He understands that that $100 million could actually possibly hurt him a billion dollars later, right? So this is an optics play, incredibly smart. The question that I would have for OnlyFans is did he have to do adult content on there? Because he could literally just have live streams of him talking about how he came up with certain songs.
Joel (33:12.6)
Mm-hmm.
Chad (33:28.396)
his relationships with Dre and how they got started, all those things. I know there are movies out there, but having those like almost like personal connections that people have on OnlyFans with the masses, I think would be just amazing. And doing like, being able to, again, spread your total addressable market to not just porn and sex, not saying, because there is more than that on TikTok, but being able to spread it out and say, look, we don't want you on here doing that. We want you talking about.
Joel (33:36.28)
Mm-hmm. Mm-hmm.
Joel (33:51.277)
Mm-hmm.
Chad (33:57.266)
X, Y, and Z, we want to be something new, we want to be something different. So I think this is a huge loss for TikTok and $100 million. I'd be a hundred million dollar, you know, air for like 5.2 seconds because my wife would fucking kill me. So no, I would not take the money.
and it's only 5.2 seconds because I can run faster than her but she can throw a shoe man I'm telling you it's deadly
Joel (34:24.716)
She could throw a shoe. So this, yeah, to your point, this shows how rich Snoop is. And the Snoop of 1994 probably would not have said no to $100 million in doing this. So look, this is a family show, our podcast, and my kids might actually listen to this stuff one day. So I won't go into everything that I would do for $100 million. But let's just say it's a whole lot of stuff that I would do for a hundred.
million dollars but for free Chad I will give you a dad joke for this week
Chad (34:55.522)
Yes.
When did this turn into a family show?
Joel (35:04.086)
I got nothing. Okay, so I mentioned last week that I was gonna spend some time with my dad, hoping that he might give me a dad joke. So he did, he's gonna come through. Hopefully you like this one. How do astronomers organize a party? How do astronomers organize a party?
Chad (35:09.091)
Yeah.
Chad (35:24.536)
Hopefully has nothing to do with Uranus.
Joel (35:28.184)
They plan it. Get it? They plan it. Very good. All right. Let's go get some Cajun food. Everybody, we out.
Chad (35:39.746)
We out!
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