1 00:00:01,280 --> 00:00:03,520 Speaker 1: This episode is brought to you by P and C Bank. 2 00:00:03,920 --> 00:00:06,680 Speaker 1: A lot of people think podcasts about work are boring, 3 00:00:06,880 --> 00:00:10,719 Speaker 1: and sure they definitely can be, but understanding of professionals 4 00:00:10,800 --> 00:00:14,040 Speaker 1: routine shows us how they achieve their success little by little, 5 00:00:14,440 --> 00:00:18,079 Speaker 1: day after day. It's like banking with P and C Bank. 6 00:00:18,560 --> 00:00:21,360 Speaker 1: It might seem boring to save, plan and make calculated 7 00:00:21,400 --> 00:00:24,479 Speaker 1: decisions with your bank, but keeping your money boring is 8 00:00:24,520 --> 00:00:27,840 Speaker 1: what helps you live a more happily fulfilled life. P 9 00:00:27,960 --> 00:00:32,800 Speaker 1: and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly 10 00:00:32,840 --> 00:00:35,479 Speaker 1: Boring since eighteen sixty five is a service mark of 11 00:00:35,520 --> 00:00:38,760 Speaker 1: the PNC Financial Service Group, Inc. P and C Bank 12 00:00:39,159 --> 00:00:41,360 Speaker 1: National Association Member FDIC. 13 00:00:43,280 --> 00:00:45,680 Speaker 2: Okay, let's get into the big story of today, which 14 00:00:45,720 --> 00:00:52,199 Speaker 2: is amd So amd uh one up twenty seven percent 15 00:00:52,479 --> 00:00:58,760 Speaker 2: on the morning, fueled by news that open AI partnership 16 00:00:58,800 --> 00:01:01,360 Speaker 2: twenty five percent and did that. 17 00:01:02,640 --> 00:01:04,520 Speaker 3: It shot up thirty five percent temper. 18 00:01:04,319 --> 00:01:06,920 Speaker 4: Cent state. 19 00:01:08,480 --> 00:01:12,039 Speaker 2: And yeah, that that led to a frenzy in the 20 00:01:12,080 --> 00:01:15,120 Speaker 2: stock market. Anybody that had amd options obviously, you know, 21 00:01:15,440 --> 00:01:18,320 Speaker 2: look at their portfolio. Our text on Dave Shance today 22 00:01:18,520 --> 00:01:21,800 Speaker 2: was going, he was like, Dann, that's crazy because Obviously, 23 00:01:21,800 --> 00:01:23,759 Speaker 2: if you watch market Moneys, you see that Dave Shan's 24 00:01:23,840 --> 00:01:26,480 Speaker 2: invested in the AMD options a few months ago. So 25 00:01:27,080 --> 00:01:29,360 Speaker 2: I know that's something that you. We posted it actually 26 00:01:29,440 --> 00:01:32,320 Speaker 2: on Instagram. That was one of your stock picks, Troy 27 00:01:32,800 --> 00:01:35,000 Speaker 2: at the beginning of the year or last year. 28 00:01:35,400 --> 00:01:40,560 Speaker 4: He thought AMD and so yeah, talk about am D. 29 00:01:41,680 --> 00:01:44,720 Speaker 1: Yeah, it kind of in the clip was encompassed where 30 00:01:44,720 --> 00:01:47,160 Speaker 1: we were talking about in video being obviously the leader 31 00:01:47,160 --> 00:01:49,400 Speaker 1: of the space when it comes to GPUs and who 32 00:01:49,400 --> 00:01:51,240 Speaker 1: that number two player was going to be, and sometimes 33 00:01:51,240 --> 00:01:53,320 Speaker 1: in business is okay to be number two. And it 34 00:01:53,360 --> 00:01:55,680 Speaker 1: was for this reason when we think about in video, 35 00:01:55,920 --> 00:01:57,880 Speaker 1: every time we talk about it, we're talking about another 36 00:01:58,160 --> 00:02:01,040 Speaker 1: Max seven company that is acquiring ships. Because of the 37 00:02:01,080 --> 00:02:03,720 Speaker 1: price point, it kind of alienate some of the audience. 38 00:02:04,000 --> 00:02:06,560 Speaker 1: And so when Meta buys millions of chips for its 39 00:02:06,640 --> 00:02:12,120 Speaker 1: data centers, when Amazon is buying, when Microsoft is buying 40 00:02:12,160 --> 00:02:15,639 Speaker 1: obviously through open ai, you're talking about millions and millions. 41 00:02:15,840 --> 00:02:16,480 Speaker 3: I think one. 42 00:02:16,320 --> 00:02:18,880 Speaker 1: Of the key pieces of what was said from the 43 00:02:18,919 --> 00:02:22,040 Speaker 1: president of open Ai, he said, this is so core 44 00:02:22,160 --> 00:02:24,400 Speaker 1: to our mission. If we really want to be able 45 00:02:24,480 --> 00:02:27,680 Speaker 1: to scale to reach all of humanity, this is what 46 00:02:27,720 --> 00:02:29,840 Speaker 1: we have to do in regards to the partnership. 47 00:02:30,200 --> 00:02:31,359 Speaker 3: And so when he says. 48 00:02:31,200 --> 00:02:34,680 Speaker 1: All of humanity, he's no longer talking about just corporate 49 00:02:34,680 --> 00:02:38,440 Speaker 1: accounts and big Max seven companies. He's saying, we need 50 00:02:38,480 --> 00:02:42,320 Speaker 1: to have enough GPUs to make sure that everyone on 51 00:02:42,400 --> 00:02:46,560 Speaker 1: the planet can use our service. Now, if you just 52 00:02:46,600 --> 00:02:48,840 Speaker 1: look at the cap table, how much that would cost, 53 00:02:49,160 --> 00:02:51,760 Speaker 1: and we'll break down how this is a circular economy. 54 00:02:51,800 --> 00:02:53,600 Speaker 3: This is really a circular economy. 55 00:02:53,800 --> 00:02:57,359 Speaker 1: Can we use the real word later, we can use 56 00:02:57,360 --> 00:02:59,239 Speaker 1: the word circular economy. 57 00:03:00,240 --> 00:03:02,720 Speaker 3: That's exactly what this is. That's exactly what this is. 58 00:03:02,800 --> 00:03:07,320 Speaker 1: This is, Hey, we have infrastructure, right Oracle, we have 59 00:03:07,360 --> 00:03:11,720 Speaker 1: connectivity bro com, we have capital from in video and 60 00:03:11,840 --> 00:03:14,880 Speaker 1: video and the more we make and the more demand, 61 00:03:15,000 --> 00:03:18,919 Speaker 1: all those things will start working together. Now, we need 62 00:03:18,960 --> 00:03:21,240 Speaker 1: to make sure that we have enough bandwidth. We need 63 00:03:21,280 --> 00:03:23,880 Speaker 1: to have enough hardware so that everyone can use it. 64 00:03:23,919 --> 00:03:26,120 Speaker 1: So I think the order they have like over eight 65 00:03:26,200 --> 00:03:30,160 Speaker 1: hundred million users now for Chat, Yeah, you're approaching a 66 00:03:30,200 --> 00:03:33,320 Speaker 1: billion mark. That's only going to increase with the amount 67 00:03:33,320 --> 00:03:35,560 Speaker 1: of people that are actually becoming more familiar with it. 68 00:03:35,560 --> 00:03:37,120 Speaker 1: And we talk about we use it every day. There 69 00:03:37,120 --> 00:03:40,360 Speaker 1: are still people who don't have the app downloaded. That's 70 00:03:40,360 --> 00:03:42,000 Speaker 1: going through change in the next two to three years, 71 00:03:42,040 --> 00:03:44,200 Speaker 1: so the demand's going to be even higher. So they 72 00:03:44,240 --> 00:03:47,120 Speaker 1: need to have more GPUs at a price point that 73 00:03:47,160 --> 00:03:49,560 Speaker 1: can be sustainable for their growth, which is why the 74 00:03:49,600 --> 00:03:52,400 Speaker 1: ten percent stake inside of AMD, the number two player, 75 00:03:52,720 --> 00:03:54,360 Speaker 1: makes a lot of sense for them. But what they 76 00:03:54,400 --> 00:03:57,000 Speaker 1: actually did wasn't a warrant, so you're not familiar with 77 00:03:57,480 --> 00:04:00,400 Speaker 1: what a warrant is. It's like an option in a sense, right, 78 00:04:00,440 --> 00:04:03,240 Speaker 1: like they have the right, not the obligation, to buy 79 00:04:03,520 --> 00:04:05,760 Speaker 1: or own the shares of AMD at a certain price point. 80 00:04:05,800 --> 00:04:08,160 Speaker 1: They didn't disclose it yet, but that's what this is. 81 00:04:08,360 --> 00:04:11,600 Speaker 1: It makes perfect sense. So in Vidio as a partner, 82 00:04:12,360 --> 00:04:16,240 Speaker 1: AMD is now under their ownership ten percent. 83 00:04:16,279 --> 00:04:19,120 Speaker 3: State. This is just going to keep going in a cycle. 84 00:04:19,160 --> 00:04:21,559 Speaker 1: This is why you gotta follow and track the money 85 00:04:21,560 --> 00:04:22,800 Speaker 1: because it'll lead you right to it. 86 00:04:23,120 --> 00:04:24,159 Speaker 3: Everything's pretty evident. 87 00:04:25,080 --> 00:04:27,479 Speaker 5: Yeah, I know we've been talking a lot about circular 88 00:04:28,440 --> 00:04:31,080 Speaker 5: investments in circular deals, but I want to frame it, 89 00:04:31,320 --> 00:04:35,880 Speaker 5: try don't worry as an indestructible technological mode. 90 00:04:36,800 --> 00:04:39,160 Speaker 3: So AMD has been a picking. 91 00:04:38,920 --> 00:04:43,120 Speaker 5: Stock club for six years, and Vidia took the helm 92 00:04:43,560 --> 00:04:45,720 Speaker 5: open AI like don't you love when the babies get 93 00:04:45,720 --> 00:04:50,960 Speaker 5: along and just bring the technological and financial vibe to you. 94 00:04:52,480 --> 00:04:58,320 Speaker 5: This partnerships ensures the safety of that sector being AI 95 00:04:59,400 --> 00:05:02,919 Speaker 5: and the safety of open ai as they start to 96 00:05:02,960 --> 00:05:03,600 Speaker 5: become public. 97 00:05:05,120 --> 00:05:07,599 Speaker 3: And Vidia, of course took a different route. 98 00:05:07,640 --> 00:05:12,840 Speaker 5: They paid open Ai amb issue a warrant so that 99 00:05:12,880 --> 00:05:14,400 Speaker 5: way you're covered on both ends. 100 00:05:14,400 --> 00:05:15,760 Speaker 3: That's even a hedge in itself. 101 00:05:16,360 --> 00:05:19,880 Speaker 5: And then, like you said, with Oracle being in that infrastructure, 102 00:05:20,440 --> 00:05:22,840 Speaker 5: it sets them up to be the leader not only 103 00:05:22,839 --> 00:05:27,080 Speaker 5: in AI, but potentially in quantum having all those assets 104 00:05:27,920 --> 00:05:28,360 Speaker 5: in line. 105 00:05:28,640 --> 00:05:30,600 Speaker 3: The thing that I do look like about open ai. 106 00:05:30,680 --> 00:05:33,240 Speaker 5: It reminds me when he said that, it reminds me 107 00:05:33,320 --> 00:05:36,159 Speaker 5: of Bill Gates. I want a PC in every home 108 00:05:36,320 --> 00:05:39,719 Speaker 5: in the world. I think open ai has a very 109 00:05:39,760 --> 00:05:44,279 Speaker 5: good chance to touch or have a touch point to 110 00:05:44,320 --> 00:05:47,240 Speaker 5: every user on Earth. And they did an amazing job 111 00:05:47,279 --> 00:05:54,720 Speaker 5: with the rollout of sore as well, so on every front, enterprise, eventually, government, consumer, 112 00:05:54,760 --> 00:05:56,000 Speaker 5: they're doing incredibly well. 113 00:05:57,000 --> 00:05:59,880 Speaker 3: Job. Well done to AMD and it helps at least 114 00:06:00,040 --> 00:06:01,280 Speaker 3: and Jensen, our cousins. 115 00:06:01,560 --> 00:06:03,920 Speaker 5: You can't leave your cousin out of your favorite cousins 116 00:06:03,960 --> 00:06:06,120 Speaker 5: out out of the deal structure so. 117 00:06:06,080 --> 00:06:07,200 Speaker 3: This is to me. 118 00:06:10,120 --> 00:06:13,960 Speaker 5: Our technological mote that will not be destructed anytime soon. 119 00:06:14,560 --> 00:06:15,520 Speaker 3: Yeah. And we had. 120 00:06:15,720 --> 00:06:19,280 Speaker 1: Again an interesting call or class the other week when 121 00:06:19,279 --> 00:06:22,440 Speaker 1: we talked about energy and open as is going to 122 00:06:22,480 --> 00:06:26,279 Speaker 1: deploy six gigawattes of AMD's GPU six, Like we're talking 123 00:06:26,279 --> 00:06:29,400 Speaker 1: about that's the size that could power like Los Angeles 124 00:06:29,960 --> 00:06:32,159 Speaker 1: as much as energy is gonna need. I'm gonna I 125 00:06:32,160 --> 00:06:33,560 Speaker 1: want to break this down because I wrote it. I 126 00:06:33,600 --> 00:06:35,080 Speaker 1: was like, I gotta explain this, but I got to 127 00:06:35,080 --> 00:06:38,400 Speaker 1: write it down to So here's how this we called 128 00:06:38,440 --> 00:06:39,760 Speaker 1: this circular. 129 00:06:39,320 --> 00:06:44,760 Speaker 3: Economy in this mote. We'll say moright, We'll say right, yeah, 130 00:06:44,920 --> 00:06:46,200 Speaker 3: say so in. 131 00:06:46,279 --> 00:06:49,760 Speaker 1: Video last week AI Open AI announced that partnership with 132 00:06:49,800 --> 00:06:51,040 Speaker 1: the VIGION and it was big news. 133 00:06:51,040 --> 00:06:53,760 Speaker 3: We saw it was one hundred billion dollars. So in 134 00:06:53,880 --> 00:06:55,400 Speaker 3: video and we broke that down. 135 00:06:55,880 --> 00:06:58,760 Speaker 1: If they helped build those data centers, right, which one 136 00:06:58,800 --> 00:07:01,400 Speaker 1: gigawate data center could us up to fifty billion to 137 00:07:01,400 --> 00:07:04,960 Speaker 1: get online twenty five million to thirty five twenty five 138 00:07:05,040 --> 00:07:07,039 Speaker 1: billion to thirty billion of that is going to go 139 00:07:07,200 --> 00:07:10,520 Speaker 1: just to the GPUs obviously through the infrastructure. So Nvidia 140 00:07:10,680 --> 00:07:15,480 Speaker 1: is helping provide hardware and they're providing capital film to 141 00:07:15,560 --> 00:07:19,600 Speaker 1: get that infrastructure up. AMD now comes on, right, they're 142 00:07:19,600 --> 00:07:22,760 Speaker 1: providing hardware. Right, So we've got hardware with video hardware 143 00:07:23,200 --> 00:07:26,680 Speaker 1: with AMD. And then you got broad coom stepping in 144 00:07:26,720 --> 00:07:30,080 Speaker 1: as a supplier for interconnected systems. Right, we talked about 145 00:07:30,120 --> 00:07:31,920 Speaker 1: that's the role that they play, and they're huge in that. 146 00:07:32,320 --> 00:07:34,960 Speaker 1: Obviously they have GPUs as well, but inconnected systems is 147 00:07:34,960 --> 00:07:37,360 Speaker 1: what they'll do. And then you got Oracle with Stargate 148 00:07:37,360 --> 00:07:40,080 Speaker 1: that's going to provide data center operations and cloud lease. 149 00:07:40,120 --> 00:07:41,440 Speaker 3: And don't forget about the cloud. 150 00:07:41,840 --> 00:07:44,840 Speaker 1: Right when we talked about those servers, we talked about AWS, 151 00:07:44,840 --> 00:07:48,600 Speaker 1: we talked about Google, we talked about a Zora with Microsoft. 152 00:07:49,280 --> 00:07:51,360 Speaker 1: Oracle's going to provide that. So here's how this works. 153 00:07:51,400 --> 00:07:54,200 Speaker 1: The better open AI does, the more it consumes infrastructure, 154 00:07:54,440 --> 00:07:57,000 Speaker 1: the more infrastructure is built, the more demand can scale, 155 00:07:57,480 --> 00:08:00,960 Speaker 1: the more hardware capacity, the more advanced A becomes, creating 156 00:08:01,040 --> 00:08:01,640 Speaker 1: more demand. 157 00:08:01,680 --> 00:08:04,480 Speaker 3: In turn, circular. 158 00:08:04,280 --> 00:08:08,920 Speaker 5: Circular is the word also, but on another lesson, this 159 00:08:08,960 --> 00:08:12,000 Speaker 5: is how generation and wealth look tent should work. I 160 00:08:12,120 --> 00:08:15,400 Speaker 5: invest in your own business, you invest into mine long 161 00:08:15,560 --> 00:08:22,000 Speaker 5: term partnership. Let's build a mote that cannot be advanced 162 00:08:22,080 --> 00:08:24,880 Speaker 5: or encroached upon and make sure we protect each other 163 00:08:24,920 --> 00:08:25,760 Speaker 5: at all costs. 164 00:08:26,160 --> 00:08:27,640 Speaker 3: Like that aspect of it. 165 00:08:27,600 --> 00:08:31,400 Speaker 5: With Jensen and Lisa being family, Sam coming into the 166 00:08:31,560 --> 00:08:35,079 Speaker 5: tech family. Larry Ellison, if you know about his lineage 167 00:08:35,160 --> 00:08:39,320 Speaker 5: and how he's helping this son. This is a master 168 00:08:39,480 --> 00:08:44,160 Speaker 5: class in how to do long term partnerships and a 169 00:08:44,240 --> 00:08:49,440 Speaker 5: great onboarding for open AI. For one, the market potentially 170 00:08:49,480 --> 00:08:52,000 Speaker 5: tanks in twenty seven and twenty eight for them to 171 00:08:52,040 --> 00:08:55,600 Speaker 5: come on board and probably be Opening are. 172 00:08:55,520 --> 00:08:57,360 Speaker 3: The greatest startup in American history. 173 00:08:58,120 --> 00:09:00,400 Speaker 1: It's crazy you said that, because I was just going 174 00:09:00,440 --> 00:09:03,360 Speaker 1: to say that it has now passed SpaceX to have 175 00:09:03,440 --> 00:09:08,040 Speaker 1: the largest valuation of any private company in history history. 176 00:09:08,120 --> 00:09:10,600 Speaker 3: This rollout is this. 177 00:09:10,800 --> 00:09:13,120 Speaker 5: I haven't seen nothing as good since they rolled out 178 00:09:13,120 --> 00:09:15,559 Speaker 5: fifty Mouth soundtrack. 179 00:09:15,720 --> 00:09:17,880 Speaker 3: This is better. This is amazing, yo. 180 00:09:18,200 --> 00:09:21,760 Speaker 1: The interesting thing is when they did the video call 181 00:09:21,920 --> 00:09:25,240 Speaker 1: the video announcement last week, a part of the interview, 182 00:09:25,520 --> 00:09:27,840 Speaker 1: Sam Aldman is saying that, hey, we still have a 183 00:09:27,880 --> 00:09:31,040 Speaker 1: bunch of announcements still to come this year. That was 184 00:09:31,080 --> 00:09:33,800 Speaker 1: just last week last Friday, the evaluation came out of 185 00:09:33,840 --> 00:09:36,760 Speaker 1: five hundred. Now that you add this tempent Steak in 186 00:09:36,960 --> 00:09:41,319 Speaker 1: AMD we're going way past five hundred billion now, so 187 00:09:41,600 --> 00:09:45,840 Speaker 1: at this point I'm thinking this he's in the running 188 00:09:45,840 --> 00:09:48,360 Speaker 1: for maybe like Person of the Year at this point 189 00:09:48,480 --> 00:09:48,880 Speaker 1: with the. 190 00:09:48,800 --> 00:09:50,960 Speaker 3: Amount of deals that he's done. 191 00:09:50,600 --> 00:09:54,880 Speaker 5: For sure, and the hard wad hadn't even dropped yet. 192 00:09:55,400 --> 00:09:59,160 Speaker 3: It's pretty remarkable. Yeah, it's absolutely incredible. 193 00:09:59,679 --> 00:10:00,000 Speaker 4: For sure. 194 00:10:00,160 --> 00:10:03,320 Speaker 2: We also we got some insight on AMD earlier too 195 00:10:03,480 --> 00:10:08,160 Speaker 2: in it before last year from a friend of ours. 196 00:10:07,960 --> 00:10:10,520 Speaker 4: Too, so perhaps it's. 197 00:10:10,360 --> 00:10:12,760 Speaker 2: Good that well we said it on Market Mondays said 198 00:10:12,800 --> 00:10:18,800 Speaker 2: it's helpful to you know, know what's coming down the pipeline. 199 00:10:19,400 --> 00:10:21,280 Speaker 3: But that's part of it, is doing the research too. 200 00:10:21,400 --> 00:10:23,760 Speaker 1: So even when when a friend of us said it 201 00:10:23,760 --> 00:10:25,760 Speaker 1: it was for me, it was felt like, oh, it's 202 00:10:25,760 --> 00:10:27,080 Speaker 1: confident research, that it. 203 00:10:27,160 --> 00:10:29,199 Speaker 3: Was done right, like we're on the right path. 204 00:10:29,240 --> 00:10:31,040 Speaker 1: Even now, I still get text from people in the 205 00:10:31,080 --> 00:10:34,040 Speaker 1: AI space like yo, bro, you're spot on, Like you're 206 00:10:34,120 --> 00:10:37,000 Speaker 1: spot on. So now it's even more conviction when we 207 00:10:37,040 --> 00:10:39,760 Speaker 1: talk to the audience here, because not only are we 208 00:10:39,840 --> 00:10:41,800 Speaker 1: saying it like that's why I said market Mondays, and 209 00:10:41,800 --> 00:10:43,400 Speaker 1: I'm not just saying because we're I'm here. 210 00:10:44,040 --> 00:10:45,000 Speaker 3: It has to be one. 211 00:10:44,920 --> 00:10:51,080 Speaker 1: Of the greatest shows for investment ever ever, because the 212 00:10:51,080 --> 00:10:53,520 Speaker 1: people that are watching it in these spaces are confirming 213 00:10:53,559 --> 00:10:55,720 Speaker 1: it and saying you know what. In fact, just what 214 00:10:55,720 --> 00:10:58,360 Speaker 1: you're saying is right. Here's some other things to look. 215 00:10:58,200 --> 00:11:03,640 Speaker 5: For, yep, and banking, crypto, all sides of tech being 216 00:11:03,679 --> 00:11:07,240 Speaker 5: at the video. But yeah, three year price AMD three 217 00:11:07,360 --> 00:11:12,040 Speaker 5: sixty six seventy nine and three year price four in 218 00:11:12,280 --> 00:11:14,600 Speaker 5: video three oh five forty four. 219 00:11:16,880 --> 00:11:19,720 Speaker 4: Yeah. Sure, and shout out to Dave Chance two once again. 220 00:11:21,120 --> 00:11:23,360 Speaker 3: Lunch on you that. 221 00:11:24,960 --> 00:11:29,800 Speaker 2: So man, You guys Eyo University. The options class choice 222 00:11:29,800 --> 00:11:33,040 Speaker 2: options class vitally important if you in Uya University. Take 223 00:11:33,040 --> 00:11:36,880 Speaker 2: advantage of that because those options have been going crazy. Obviously, 224 00:11:36,880 --> 00:11:38,760 Speaker 2: if you see the marketers at all time, Aldy know 225 00:11:38,800 --> 00:11:40,800 Speaker 2: that the options are going. 226 00:11:40,760 --> 00:11:41,040 Speaker 3: To be. 227 00:11:42,480 --> 00:11:43,920 Speaker 4: Pretty well positioned. 228 00:11:44,080 --> 00:11:46,840 Speaker 2: So yeah, a lot of those options are going crazy 229 00:11:46,840 --> 00:11:49,240 Speaker 2: over the last couple of months. 230 00:11:49,240 --> 00:11:52,200 Speaker 3: Sure we show a Micron hit two hundred today. I 231 00:11:52,240 --> 00:11:54,480 Speaker 3: mean it's been a hell over year, man, it's been 232 00:11:54,520 --> 00:11:56,360 Speaker 3: over Yeah, Ernest, what's up? Look? 233 00:11:56,440 --> 00:11:59,559 Speaker 1: This episode is brought to you by Square Banking. One 234 00:11:59,600 --> 00:12:03,199 Speaker 1: of the things we love mostly seeing neighborhood businesses level up. 235 00:12:03,640 --> 00:12:06,520 Speaker 1: This is West Indian spir Writing, our community that started 236 00:12:06,559 --> 00:12:09,760 Speaker 1: with a small takeout counter. Now with Square they've been 237 00:12:09,800 --> 00:12:12,559 Speaker 1: able to expand into a full sit down restaurant and 238 00:12:12,760 --> 00:12:16,520 Speaker 1: even started catering events across the city. That's the kind 239 00:12:16,520 --> 00:12:19,679 Speaker 1: of growth that inspires us, and it's powered by Square. 240 00:12:20,080 --> 00:12:22,800 Speaker 1: Square is built for all types of businesses, from the 241 00:12:22,880 --> 00:12:25,920 Speaker 1: corner bagel shop that turned into a local chain, to 242 00:12:26,000 --> 00:12:29,200 Speaker 1: the specialty market with thousands of unique items, to the 243 00:12:29,240 --> 00:12:33,080 Speaker 1: stylists who's been holding you down for years. With Square banking, 244 00:12:33,400 --> 00:12:37,199 Speaker 1: growth gets easier. You've got more control over your cash flow, 245 00:12:37,360 --> 00:12:40,680 Speaker 1: access to capital right in the same system you're already 246 00:12:40,760 --> 00:12:43,440 Speaker 1: using to run your business, and with a free Square 247 00:12:43,480 --> 00:12:46,800 Speaker 1: Savings account, you can automatically set aside a portion of 248 00:12:46,840 --> 00:12:50,920 Speaker 1: your sales for upgrades, taxes, and those slow seasons, setting 249 00:12:50,960 --> 00:12:54,160 Speaker 1: yourself up for long term success and when it's time 250 00:12:54,200 --> 00:12:57,000 Speaker 1: for the next big move. Square makes it simple to 251 00:12:57,000 --> 00:13:00,160 Speaker 1: get approved with a Square loan based on your their 252 00:13:00,240 --> 00:13:04,800 Speaker 1: actual business performance. No long ways, just quick access to capital. 253 00:13:04,920 --> 00:13:07,920 Speaker 1: In fact, eighty eight percent of businesses with Square loans 254 00:13:07,960 --> 00:13:12,080 Speaker 1: report growth. So go to Square dot com, slash go, 255 00:13:12,400 --> 00:13:14,839 Speaker 1: slash e y l to learn more about how your 256 00:13:14,880 --> 00:13:18,880 Speaker 1: business can grow with Square. That's s q U a 257 00:13:19,240 --> 00:13:23,600 Speaker 1: r E dot com Slash g O slash e y 258 00:13:23,760 --> 00:13:26,800 Speaker 1: L Block Inc. Is not a bank. Banking services provided 259 00:13:26,840 --> 00:13:30,199 Speaker 1: by Square Financial Services Inc. And Cutting Bank Members. F 260 00:13:30,320 --> 00:13:32,600 Speaker 1: d I C loans are subject to credit approval