Jack and Nick

Right as the company filed to IPO, they also became the jersey sponsor of the Dallas Mavericks. And that's symbolic of big marketing spend for this little growth company. In fact, we noticed that Chime dropped 500 million bucks on sales and marketing last year. Not too shabby. That's 31% of revenues, though.

Okay, so what we mean by that is that for every dollar Chime made, they spent 31 cents on ads, commercials, or sponsorships. I'm going to sprinkle on some context. I would love for you to sprinkle on context, Jack. Coinbase spends 10% of their revenue on sales marketing. Robinhood spends less than 10%. And JP Morgan spends just 2% of their revenue on marketing.

Okay, so what we mean by that is that for every dollar Chime made, they spent 31 cents on ads, commercials, or sponsorships. I'm going to sprinkle on some context. I would love for you to sprinkle on context, Jack. Coinbase spends 10% of their revenue on sales marketing. Robinhood spends less than 10%. And JP Morgan spends just 2% of their revenue on marketing.

Okay, so what we mean by that is that for every dollar Chime made, they spent 31 cents on ads, commercials, or sponsorships. I'm going to sprinkle on some context. I would love for you to sprinkle on context, Jack. Coinbase spends 10% of their revenue on sales marketing. Robinhood spends less than 10%. And JP Morgan spends just 2% of their revenue on marketing.

Meanwhile, our buddies over at Chime are dropping 31% of their revenues on these marketing initiatives. They actually mentioned the Dallas Mavericks 10 times in their IPO. Is Mark Cuban the CEO? I think Dirk Nowitzki is like a Chime power user, Jack. No, it's pretty ironic, actually, because Chime is a fintech company. They're trying to teach, like, financial responsibility.

Meanwhile, our buddies over at Chime are dropping 31% of their revenues on these marketing initiatives. They actually mentioned the Dallas Mavericks 10 times in their IPO. Is Mark Cuban the CEO? I think Dirk Nowitzki is like a Chime power user, Jack. No, it's pretty ironic, actually, because Chime is a fintech company. They're trying to teach, like, financial responsibility.

Meanwhile, our buddies over at Chime are dropping 31% of their revenues on these marketing initiatives. They actually mentioned the Dallas Mavericks 10 times in their IPO. Is Mark Cuban the CEO? I think Dirk Nowitzki is like a Chime power user, Jack. No, it's pretty ironic, actually, because Chime is a fintech company. They're trying to teach, like, financial responsibility.

And then they go and splurge on self-promotion. Honestly, I respect it. Treat yourself, Chime. You're going public. Splurge, splurge, splurge. Now, Chime would tell you that they're a growth company. They got to spend money to get their name out there, ultimately, so they can make money down the road.

And then they go and splurge on self-promotion. Honestly, I respect it. Treat yourself, Chime. You're going public. Splurge, splurge, splurge. Now, Chime would tell you that they're a growth company. They got to spend money to get their name out there, ultimately, so they can make money down the road.

And then they go and splurge on self-promotion. Honestly, I respect it. Treat yourself, Chime. You're going public. Splurge, splurge, splurge. Now, Chime would tell you that they're a growth company. They got to spend money to get their name out there, ultimately, so they can make money down the road.

But, Yetis, there's also another reason why Chime's revenue is surging right now, and they're going public in this economy. And the answer is not Dirk Nowitzki.

But, Yetis, there's also another reason why Chime's revenue is surging right now, and they're going public in this economy. And the answer is not Dirk Nowitzki.

But, Yetis, there's also another reason why Chime's revenue is surging right now, and they're going public in this economy. And the answer is not Dirk Nowitzki.

So, Jack, what's the takeaway for our buddies over at Chime? Every industry needs its McDonald's. Yet he's the CEO of 1-800-Flowers. One said that he started his flower business because there was no McDonald's in flowers. He was talking about McDonald's unique value proposition that disrupted fast food, actually invented fast food, 80 years ago. And here it is.

So, Jack, what's the takeaway for our buddies over at Chime? Every industry needs its McDonald's. Yet he's the CEO of 1-800-Flowers. One said that he started his flower business because there was no McDonald's in flowers. He was talking about McDonald's unique value proposition that disrupted fast food, actually invented fast food, 80 years ago. And here it is.

So, Jack, what's the takeaway for our buddies over at Chime? Every industry needs its McDonald's. Yet he's the CEO of 1-800-Flowers. One said that he started his flower business because there was no McDonald's in flowers. He was talking about McDonald's unique value proposition that disrupted fast food, actually invented fast food, 80 years ago. And here it is.

McDonald's was the first low-priced, consistent, scalable, prepared food concept. We'd argue the McDonald's of fashion, though. is Old Navy. They're low priced, consistent, and scalable. And the McDonald's of working out is Planet Fitness. They're low priced, consistent, and scalable. And we'd argue the McDonald's of banking is Chime. Yes.

McDonald's was the first low-priced, consistent, scalable, prepared food concept. We'd argue the McDonald's of fashion, though. is Old Navy. They're low priced, consistent, and scalable. And the McDonald's of working out is Planet Fitness. They're low priced, consistent, and scalable. And we'd argue the McDonald's of banking is Chime. Yes.

McDonald's was the first low-priced, consistent, scalable, prepared food concept. We'd argue the McDonald's of fashion, though. is Old Navy. They're low priced, consistent, and scalable. And the McDonald's of working out is Planet Fitness. They're low priced, consistent, and scalable. And we'd argue the McDonald's of banking is Chime. Yes.

They're low priced, consistent, and could scale across the whole country. And now, of course, Chase, Bank of America, Citi, Wells Fargo, they think they're the McDonald's of banking. But Chime, Chime is internet first. Chime's menu of low-priced banking products with an engaging brand that's green, they're the McDonald's of money.