Polymarket reportedly paid creators to post videos of themselves "winning" bets that didn't exist. The Wall Street Journal found 118 videos showing nearly $900,000 in winnings — bets that, in reality, would have lost more than $166,000, placed on a creatively misspelled lookalike site.
Meanwhile, Wendy's is drawing more Wall Street Bets chatter than SpaceX, 80% of its borrowable shares are already sold short, and the internet has decided a $7 burger stock might be the next GameStop.
Ricky Mulvey and Malcolm Ethridge discuss.:
- The summer box office recovery, and what movie audiences want.
- The Polymarket "poiymarket" fake-bet scheme.
- Whether Wendy's is the next GameStop.
- Netflix as a "durable good" and why it's trading at a discount to the market.
- The clipping economy, why one operator estimates 90% of what you see online is advertising in disguise.
Want to contact us? thistimepod@gmail.com
We are proud to be in the Airwave Media network! Please contact advertising@airwavemedia.com if you would like to advertise on our podcast.
Hosts: Ricky Mulvey, Malcolm Ethridge
Engineer: Tim Sparks
Learn more about your ad choices. Visit megaphone.fm/adchoices
