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WWW.MY-SUBS.CO
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It doesn't matter what I'm saying.
2
00:00:04,580 --> 00:00:05,819
It's just, "Oh, that's
nice. He showed up."
3
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[MUSIC]
4
00:00:10,800 --> 00:00:14,699
The season finale of The Premise
is a philosophical fable
5
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about the power of redemption
versus the drive for revenge
6
00:00:18,070 --> 00:00:21,140
and whether it's possible for a
human being to outrun his fate
7
00:00:21,160 --> 00:00:23,660
or rewrite his destiny.
8
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It's called "Butt Plug."
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[MUSIC]
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- Synced & corrected by MementMori -
-- www.MY-SUBS.com --
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00:00:39,920 --> 00:00:45,164
[DRAMATIC CLASSICAL MUSIC]
12
00:02:18,360 --> 00:02:21,400
We could dip into the
kids' college funds.
13
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That's their future.
14
00:02:25,000 --> 00:02:27,100
I know, but if we lose the house,
15
00:02:27,120 --> 00:02:30,160
we're going to have to move out
of the school district, so...
16
00:02:30,180 --> 00:02:33,160
- I really think you should just...
- No, no, no, no, no...
17
00:02:34,200 --> 00:02:36,160
What do you have to lose?
18
00:02:36,180 --> 00:02:38,724
You're working on a financial
services company.
19
00:02:38,730 --> 00:02:41,614
He is the biggest international
banking CEO...
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No. No.
21
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I was terrible to him.
22
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It's a shame in my life
how I treated that kid.
23
00:02:49,790 --> 00:02:52,866
It was 30 something years ago.
24
00:02:52,870 --> 00:02:55,540
- I would think he would forgive you.
- He shouldn't forgive me.
25
00:02:56,800 --> 00:02:58,460
I wouldn't forgive me.
26
00:03:00,340 --> 00:03:02,100
What did you tease him for?
27
00:03:02,960 --> 00:03:03,970
[EXHALES]
28
00:03:04,730 --> 00:03:06,080
You know, for whatever.
29
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For being... different,
30
00:03:09,840 --> 00:03:11,936
- for being poor.
- For being poor?
31
00:03:12,780 --> 00:03:16,680
Eli, he's one of the richest
men in the world,
32
00:03:16,700 --> 00:03:20,483
of all the things in the world to
have a sense of humor about.
33
00:03:20,490 --> 00:03:22,079
Look, that's what you should say to him.
34
00:03:22,080 --> 00:03:24,200
How sorry you are.
35
00:03:24,220 --> 00:03:26,380
How funny this is.
36
00:03:26,410 --> 00:03:28,536
That obviously, this is karma.
37
00:03:28,540 --> 00:03:31,840
That you ended up having to turn to him.
38
00:03:31,860 --> 00:03:33,680
He'd never take the meeting.
39
00:03:35,600 --> 00:03:37,128
Just reach out and see.
40
00:03:37,980 --> 00:03:39,420
Swallow your pride.
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00:03:39,430 --> 00:03:40,780
It's not pride.
42
00:03:41,800 --> 00:03:43,160
It's shame.
43
00:03:44,140 --> 00:03:46,720
Nobody ever says swallow your shame.
44
00:03:48,060 --> 00:03:50,240
Yeah, no, I agree.
45
00:03:50,270 --> 00:03:52,179
It's a weird phrase.
46
00:03:52,180 --> 00:03:53,189
[PHONE INTERCOM]
47
00:03:53,190 --> 00:03:55,530
Eli Spector, he says
you grew up together.
48
00:03:59,560 --> 00:04:01,240
Eli Spector.
49
00:04:01,260 --> 00:04:03,360
After all these years.
50
00:04:04,680 --> 00:04:06,410
No, no. To the contrary.
51
00:04:07,980 --> 00:04:09,820
For you, I can make the time.
52
00:04:12,340 --> 00:04:15,416
[MUSIC]
53
00:04:34,440 --> 00:04:35,641
Hi.
54
00:04:35,650 --> 00:04:36,764
[LAUGHS]
55
00:04:36,770 --> 00:04:38,439
Um, wow.
56
00:04:38,440 --> 00:04:40,280
Nice to, uh...
57
00:04:41,200 --> 00:04:43,480
- It's been so long.
- So long.
58
00:04:44,520 --> 00:04:47,200
Obviously, so much has changed and...
59
00:04:47,220 --> 00:04:48,574
for you, especially.
60
00:04:49,420 --> 00:04:50,990
You still live in Victory?
61
00:04:51,000 --> 00:04:53,162
Yeah. Yeah.
62
00:04:53,900 --> 00:04:55,400
I remember you were living
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00:04:55,420 --> 00:04:59,520
in this beautiful house
right next to Crystal Lake,
64
00:05:01,180 --> 00:05:03,130
always in the newest, finest clothes.
65
00:05:03,140 --> 00:05:05,100
Yeah, the, the...
66
00:05:05,130 --> 00:05:08,386
the place has changed, you know.
67
00:05:08,390 --> 00:05:10,500
Not what it used to be.
68
00:05:10,520 --> 00:05:13,057
Do you know the story
of the ship of Theseus?
69
00:05:13,660 --> 00:05:14,700
[LAUGHS]
70
00:05:14,720 --> 00:05:17,680
Never paid much attention in school.
71
00:05:17,700 --> 00:05:22,066
A ship at sea over time has
its planks replaced one by one.
72
00:05:22,880 --> 00:05:25,440
At a certain point after many years,
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00:05:25,460 --> 00:05:27,830
none of its planks are the same.
74
00:05:27,840 --> 00:05:30,366
Is it still in fact the same ship?
75
00:05:31,740 --> 00:05:32,880
[CHUCKLES]
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00:05:32,890 --> 00:05:34,420
[POOF]
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00:05:34,440 --> 00:05:36,120
I mean, uh...
78
00:05:36,900 --> 00:05:38,950
I just, uh...
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00:05:38,960 --> 00:05:42,960
Your success, it just blows
me away, you know,
80
00:05:42,980 --> 00:05:46,257
and then you really earned
everything on pure merit.
81
00:05:46,260 --> 00:05:49,057
What is merit, when you
really think about it?
82
00:05:49,060 --> 00:05:54,440
Inner qualities, outer influences.
Is any of that really merit?
83
00:05:54,470 --> 00:05:58,820
Or are we just sailing blindly
along a scripted sea of fate
84
00:05:58,850 --> 00:06:01,380
on a winding path that
would seem all too obvious
85
00:06:01,400 --> 00:06:02,980
to anyone looking back?
86
00:06:05,680 --> 00:06:07,740
Hey, man, I...
87
00:06:07,750 --> 00:06:11,365
I just have to get this
out of the way. I, uh...
88
00:06:11,970 --> 00:06:13,430
I feel terrible,
89
00:06:15,360 --> 00:06:17,700
absolutely awful, um...
90
00:06:18,560 --> 00:06:20,580
about the way I was,
91
00:06:20,600 --> 00:06:22,160
and, um...
92
00:06:23,880 --> 00:06:26,520
I just want a chance
to raise my kids right.
93
00:06:26,540 --> 00:06:27,960
And, um...
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00:06:30,920 --> 00:06:31,960
[CLEARS THROAT]
95
00:06:33,520 --> 00:06:34,940
We were children, Eli.
96
00:06:38,320 --> 00:06:39,680
We're different now.
97
00:06:41,670 --> 00:06:44,857
And without those obstacles,
I wouldn't be who I am today.
98
00:06:45,420 --> 00:06:48,200
It motivated me, Eli.
It still motivates me.
99
00:06:48,980 --> 00:06:50,420
And the more success I have,
100
00:06:50,440 --> 00:06:54,168
the more I realize that the
only things that really matter
101
00:06:54,180 --> 00:06:56,911
are the elemental things,
the personal things,
102
00:06:58,420 --> 00:07:00,060
like this lunch with you.
103
00:07:01,680 --> 00:07:02,900
So...
104
00:07:06,160 --> 00:07:07,630
How can I help?
105
00:07:08,620 --> 00:07:09,700
[EXHALES]
106
00:07:09,720 --> 00:07:11,082
Okay.
107
00:07:11,090 --> 00:07:12,320
[CLEARS THROAT]
108
00:07:14,700 --> 00:07:17,740
You've heard of the blockchain
and I've heard of the blockchain,
109
00:07:17,750 --> 00:07:21,435
but 97% of insurance providers
have never heard of...
110
00:07:21,440 --> 00:07:23,560
I'd say no... Stop, I'm sorry.
111
00:07:23,580 --> 00:07:24,710
Um...
112
00:07:25,480 --> 00:07:27,130
You're still doing it.
113
00:07:27,140 --> 00:07:28,220
Blockchain...
114
00:07:29,160 --> 00:07:31,696
You're still following what
the popular kids are doing.
115
00:07:31,700 --> 00:07:33,700
You're better than that, Eli.
116
00:07:33,720 --> 00:07:36,520
See, in business, I've
learned to not follow
117
00:07:36,550 --> 00:07:38,140
what the popular kids are already doing
118
00:07:38,170 --> 00:07:40,579
because the opportunity is
definitionally marginal.
119
00:07:40,580 --> 00:07:43,216
If you want a transformational
opportunity,
120
00:07:43,220 --> 00:07:47,060
you need to find something that
everyone else sees as worthless
121
00:07:47,080 --> 00:07:49,980
and elevate it to something priceless.
122
00:07:51,000 --> 00:07:52,530
Well, that, um...
123
00:07:53,390 --> 00:07:56,220
sounds very wise and, uh,
124
00:07:56,240 --> 00:08:00,200
it's certainly worked
for you, so thanks.
125
00:08:00,220 --> 00:08:02,010
Do you know what would
be of interest to me?
126
00:08:05,170 --> 00:08:06,230
A butt plug.
127
00:08:08,600 --> 00:08:10,170
A butt plug?
128
00:08:12,400 --> 00:08:14,780
Just a butt plug?
129
00:08:14,790 --> 00:08:18,380
No, not just a butt plug.
130
00:08:18,400 --> 00:08:20,460
A great butt plug.
131
00:08:20,480 --> 00:08:23,410
A butt plug the likes of which
the world has never seen.
132
00:08:24,140 --> 00:08:28,120
A butt plug that once the world
does see it, changes the world.
133
00:08:28,130 --> 00:08:30,860
If you were to bring
me that product, yes,
134
00:08:30,880 --> 00:08:33,299
that would be of great interest to me.
135
00:08:35,850 --> 00:08:39,840
You see, the difference between
your face and mine right now,
136
00:08:39,860 --> 00:08:43,260
the difference between our
faces is the human definition
137
00:08:43,280 --> 00:08:45,560
of an arbitrage opportunity.
138
00:08:45,580 --> 00:08:47,271
That is profit.
139
00:08:47,280 --> 00:08:48,770
I don't quite...
140
00:08:48,790 --> 00:08:52,095
Of course it would have to
be something extraordinary,
141
00:08:52,100 --> 00:08:54,830
something that would require
your complete and total focus.
142
00:08:54,850 --> 00:08:56,780
You would have to quit your project
143
00:08:56,800 --> 00:08:59,540
and devote yourself full time
to developing a product
144
00:08:59,560 --> 00:09:01,940
that would be worthy
of my consideration.
145
00:09:03,080 --> 00:09:04,480
But if you did,
146
00:09:06,540 --> 00:09:08,340
I would schedule a meeting
of the full board
147
00:09:08,360 --> 00:09:09,960
of my company a year from today,
148
00:09:09,980 --> 00:09:12,140
and you would have the full
and undivided attention
149
00:09:12,160 --> 00:09:14,590
of me and my associates.
150
00:09:15,250 --> 00:09:17,440
Sorry, are you saying...
151
00:09:17,460 --> 00:09:21,200
you want me to quit my job... and...
152
00:09:21,220 --> 00:09:25,017
spend the next year of
my life developing a...
153
00:09:25,020 --> 00:09:26,602
butt plug?
154
00:09:28,190 --> 00:09:29,897
Would there be a contract?
155
00:09:29,900 --> 00:09:32,500
No, no contract,
156
00:09:32,520 --> 00:09:35,069
no promise of any kind
other than a meeting.
157
00:09:36,180 --> 00:09:40,380
No, you would be pursuing
this on pure speculation
158
00:09:40,410 --> 00:09:43,420
based on the well-established
history I have of proposing things
159
00:09:43,440 --> 00:09:45,020
that sound outlandish at first
160
00:09:45,040 --> 00:09:47,331
only to be met with
unprecedented success.
161
00:09:47,340 --> 00:09:48,999
This could be the next one of those.
162
00:09:51,800 --> 00:09:54,130
Or it could be the worst
decision you ever make.
163
00:09:55,760 --> 00:09:57,869
Of course, at the end of the day,
you don't bet on an idea,
164
00:09:57,870 --> 00:10:01,887
you bet on a person, so
you need to place a bet.
165
00:10:03,220 --> 00:10:05,050
You need to look into my
eyes and ask yourself
166
00:10:05,060 --> 00:10:07,720
whether for a person in my position,
167
00:10:07,740 --> 00:10:12,210
mercy is a stronger
satisfaction than revenge.
168
00:10:15,870 --> 00:10:17,736
You can stay on the path
you're currently on,
169
00:10:19,740 --> 00:10:21,130
or...
170
00:10:22,270 --> 00:10:24,780
drop what you're doing and come
to my office a year from today
171
00:10:24,800 --> 00:10:27,320
with a butt plug that
will change the world
172
00:10:27,350 --> 00:10:29,248
and your life along with it.
173
00:10:32,200 --> 00:10:34,480
Um, what, ah...
174
00:10:36,740 --> 00:10:39,175
is a butt plug?
175
00:10:40,310 --> 00:10:42,360
Sounds like you have
a long journey ahead,
176
00:10:43,700 --> 00:10:45,740
and you've already taken the first step.
177
00:10:53,530 --> 00:10:55,454
A butt plug.
178
00:10:55,460 --> 00:10:56,980
I had to look it up.
179
00:10:58,210 --> 00:10:59,540
Well...
180
00:10:59,560 --> 00:11:01,420
How hard is it to make a butt plug?
181
00:11:01,440 --> 00:11:03,343
The way he wants to do it?
182
00:11:03,350 --> 00:11:04,850
Take everything I've got.
183
00:11:05,880 --> 00:11:08,340
There's no half-ass in this, Susie,
184
00:11:08,360 --> 00:11:11,640
so to speak, I'd have
to... quit the startup.
185
00:11:11,660 --> 00:11:14,376
You'd have to take a second job.
186
00:11:17,760 --> 00:11:19,200
Is he fucking with you?
187
00:11:23,040 --> 00:11:24,520
What if he is?
188
00:11:28,440 --> 00:11:30,220
What if he's not?
189
00:11:31,110 --> 00:11:33,070
[PHONE RINGS]
190
00:11:33,880 --> 00:11:37,600
Eli... I'm glad to hear it.
191
00:11:37,620 --> 00:11:39,235
Yeah, we'll be in touch.
192
00:11:41,780 --> 00:11:49,328
[MUSIC]
193
00:11:59,930 --> 00:12:03,008
One of the keys to a butt plug is
you don't want to go too small.
194
00:12:03,010 --> 00:12:04,980
- Ahh...
- Small ones fall out.
195
00:12:05,000 --> 00:12:06,860
It needs to be wide enough
196
00:12:06,880 --> 00:12:08,973
for the sphincters to grip
it and hold it in place.
197
00:12:08,980 --> 00:12:12,850
[BACKGROUND CONVERSATIONS]
198
00:12:12,880 --> 00:12:14,040
Got you.
199
00:12:14,060 --> 00:12:16,810
[BACKGROUND CONVERSATIONS]
200
00:12:24,450 --> 00:12:25,864
Fuck!
201
00:12:32,800 --> 00:12:37,230
[TV] Oh, God. Oh, God.
202
00:12:37,250 --> 00:12:41,130
[MOANS]
203
00:12:43,640 --> 00:12:45,880
Uh, good, not great.
204
00:12:45,900 --> 00:12:48,929
Uh, I feel like you're losing sight
of how the insertion goes.
205
00:12:48,930 --> 00:12:50,184
Right. Right.
206
00:12:50,190 --> 00:12:53,726
I definitely think material-wise,
metal is perfect.
207
00:12:53,730 --> 00:12:55,853
It feels better in the
butt, in my opinion.
208
00:12:59,732 --> 00:13:03,110
[MUSIC]
209
00:13:19,220 --> 00:13:24,214
[MANUFACTURING SOUNDS]
210
00:13:24,220 --> 00:13:30,804
[ALARM GOES OFF]
211
00:13:30,820 --> 00:13:34,808
[RHYTHMIC MUSIC PLAYING]
212
00:14:11,020 --> 00:14:12,180
My friend.
213
00:14:12,210 --> 00:14:13,847
- Oh...
- [LAUGHTER]
214
00:14:13,850 --> 00:14:15,414
Oh, my God.
215
00:14:15,420 --> 00:14:17,020
- Are you excited?
- Oh...
216
00:14:17,040 --> 00:14:19,350
I'm fucking terrified.
217
00:14:19,360 --> 00:14:20,660
[LAUGHS]
218
00:14:20,680 --> 00:14:23,482
Well, the whole board
is here as promised.
219
00:14:23,490 --> 00:14:26,320
London, Dubai, Buenos Aires,
220
00:14:26,340 --> 00:14:27,903
they all flew in from around the world.
221
00:14:27,904 --> 00:14:29,720
- Really?
- Mm-hmm.
222
00:14:29,740 --> 00:14:31,907
Just for a butt plug. [CHUCKLES]
223
00:14:34,240 --> 00:14:36,200
It's not just a butt plug, is it?
224
00:14:37,960 --> 00:14:41,020
I asked for something transcendent,
something revolutionary,
225
00:14:41,040 --> 00:14:43,360
something worth an hour of
my time and a year of yours.
226
00:14:43,380 --> 00:14:45,462
You're not telling me now
that it's just a butt plug?
227
00:14:47,660 --> 00:14:54,060
Everything I have... is
riding on this butt plug.
228
00:14:56,700 --> 00:14:59,600
Okay. The people you're about
to meet are my colleagues,
229
00:14:59,620 --> 00:15:01,680
and in many cases, they're my friends,
230
00:15:01,690 --> 00:15:03,780
but they are not my peers.
231
00:15:03,800 --> 00:15:07,340
My peers are the other chairmen
of the world's largest companies.
232
00:15:07,360 --> 00:15:08,402
You see what I'm saying?
233
00:15:13,060 --> 00:15:15,600
We grew up shoulder to shoulder,
234
00:15:15,610 --> 00:15:17,250
but we were not peers.
235
00:15:18,530 --> 00:15:20,030
You see what I'm saying?
236
00:15:21,470 --> 00:15:22,875
No.
237
00:15:24,140 --> 00:15:28,220
I don't want an object whose
peers are other butt plugs.
238
00:15:28,240 --> 00:15:31,420
I want a butt plug whose peers
are the other great objects
239
00:15:31,440 --> 00:15:32,620
in existence.
240
00:15:35,600 --> 00:15:37,430
Whenever you're ready.
241
00:15:44,780 --> 00:15:47,600
My friends, thank you all for coming.
242
00:15:47,620 --> 00:15:51,862
It's my great pleasure to
introduce you to Eli Spector.
243
00:15:52,980 --> 00:15:55,780
We've known each other since childhood.
244
00:15:55,790 --> 00:15:58,120
And the time has changed us all so much.
245
00:15:58,140 --> 00:15:59,424
Uh... [LAUGHS]
246
00:15:59,430 --> 00:16:02,320
- None more than your chairman here.
- [LAUGHS]
247
00:16:02,340 --> 00:16:05,209
Eli, it's a pleasure to introduce
you to the board of directors.
248
00:16:05,210 --> 00:16:08,780
To your immediate left, with
the confident smile, is Sandy.
249
00:16:08,800 --> 00:16:11,500
Sandy has led two Fortune 500 companies,
250
00:16:11,520 --> 00:16:14,510
but her sense of humor has
remained very down to earth.
251
00:16:15,260 --> 00:16:17,560
To her left is Alice.
252
00:16:17,570 --> 00:16:19,515
Alice comes all the way
to us from London
253
00:16:19,520 --> 00:16:22,100
and this is in fact her
first time traveling
254
00:16:22,110 --> 00:16:23,560
since the loss of her husband.
255
00:16:23,570 --> 00:16:25,521
My condolences, Alice.
256
00:16:25,530 --> 00:16:29,191
The man with the generous light
shining through his eyes is Charles.
257
00:16:29,200 --> 00:16:32,380
Charles and his partner Steven
run our charitable foundation.
258
00:16:32,410 --> 00:16:33,946
Wonderful to meet you, Eli.
259
00:16:33,950 --> 00:16:35,948
Thank you for the work you do.
260
00:16:35,950 --> 00:16:38,283
And, of course, you'll
recognize Gail Truesdale.
261
00:16:38,290 --> 00:16:39,701
Ambassador.
262
00:16:39,710 --> 00:16:42,480
Troy is the youngest
member of our board,
263
00:16:42,500 --> 00:16:45,415
a former Fields Medal winner.
That's a prize given out to...
264
00:16:45,416 --> 00:16:49,711
The most gifted statistical
analyst of his generation.
265
00:16:49,720 --> 00:16:54,341
I'm well aware, Troy, or
if I may, Dr. Ozdemir.
266
00:16:55,680 --> 00:17:00,023
Last but not least is Marcus 'The
Moneyman' Stevens, [CHUCKLES]
267
00:17:00,030 --> 00:17:02,300
representing our emerging
investments arm.
268
00:17:02,320 --> 00:17:03,767
Excited and pumped.
269
00:17:03,770 --> 00:17:05,740
[CHUCKLES] All of us, Marcus,
270
00:17:05,760 --> 00:17:08,960
all of us are very excited and pumped.
271
00:17:08,980 --> 00:17:10,436
[CHUCKLES]
272
00:17:10,440 --> 00:17:11,510
Eli.
273
00:17:14,640 --> 00:17:15,860
[CLEARS THROAT]
274
00:17:19,660 --> 00:17:21,860
I'm here to present a butt plug.
275
00:17:24,000 --> 00:17:25,460
Come on. Laugh.
276
00:17:26,860 --> 00:17:28,750
Butt plug.
277
00:17:28,760 --> 00:17:30,919
Come on, it's funny.
278
00:17:31,730 --> 00:17:33,160
And those are funny words.
279
00:17:33,180 --> 00:17:36,430
It's funny that I'm here, a stranger,
280
00:17:36,450 --> 00:17:39,560
a total nobody standing
in front of all of you
281
00:17:39,580 --> 00:17:43,890
saying, I'm here to present
a butt plug, right?
282
00:17:45,860 --> 00:17:47,799
Come on, let's be honest,
when we hear a butt plug,
283
00:17:47,800 --> 00:17:51,454
we assume it's a crude punch
line to a cruder joke or a...
284
00:17:51,460 --> 00:17:53,100
cheap accessory to a...
285
00:17:54,600 --> 00:17:56,070
cheaper experience.
286
00:18:00,960 --> 00:18:02,510
That ends today.
287
00:18:02,520 --> 00:18:05,440
[SWOOSHING SOUND]
288
00:18:06,560 --> 00:18:09,080
How do you find the most value?
289
00:18:10,300 --> 00:18:14,070
You search for that which
is the most undervalued.
290
00:18:15,350 --> 00:18:18,340
One of the great financial
thinkers of our time said that.
291
00:18:18,360 --> 00:18:21,860
In fact, that thinker happens
to be in this room right now.
292
00:18:21,880 --> 00:18:23,013
_
293
00:18:23,020 --> 00:18:27,582
But I want to take you on
my journey in finding value
294
00:18:27,590 --> 00:18:30,854
in the undervalued today.
295
00:18:31,520 --> 00:18:36,400
Now, the sex toy industry, is
a $50 billion a year industry
296
00:18:36,410 --> 00:18:39,923
growing at nearly 25% a
year for the last 5 years.
297
00:18:39,930 --> 00:18:42,426
Now, as Marcus will be
the first to tell you,
298
00:18:42,430 --> 00:18:43,739
those numbers are enough to motivate
299
00:18:43,740 --> 00:18:45,410
just about any company in the world,
300
00:18:45,420 --> 00:18:47,746
but that's not this
company's philosophy.
301
00:18:47,750 --> 00:18:52,459
Follow the magic and
the math will follow.
302
00:18:53,440 --> 00:18:57,540
The world, since Daniel and
I were children, has changed.
303
00:18:57,550 --> 00:19:00,240
And the inspiring story of our time
304
00:19:00,260 --> 00:19:03,011
is the revolution we're living through
305
00:19:03,020 --> 00:19:06,800
and our approaches to
intimacy and identity.
306
00:19:06,820 --> 00:19:08,140
Once marginalized,
307
00:19:08,160 --> 00:19:11,180
orientations and identities
are rapidly fighting
308
00:19:11,210 --> 00:19:13,438
for representation and respect
309
00:19:13,440 --> 00:19:16,858
in a more inclusive
society they're defining.
310
00:19:16,860 --> 00:19:21,100
With that sexual practices once
trivialized and diminished,
311
00:19:21,120 --> 00:19:24,040
with even harmless-seeming
mockery and jokes,
312
00:19:24,060 --> 00:19:27,619
move from the shadows into
the sunlight of society.
313
00:19:27,620 --> 00:19:30,455
- _
- So, that leaves us with a great story,
314
00:19:30,460 --> 00:19:32,359
but with all due respect to
the foundation Charles runs,
315
00:19:32,360 --> 00:19:34,440
- you guys aren't a charity...
- [CHUCKLES]
316
00:19:34,470 --> 00:19:36,340
... and a great past, but...
317
00:19:36,360 --> 00:19:38,340
you guys don't have a time machine.
318
00:19:40,180 --> 00:19:41,290
You don't, do you?
319
00:19:41,300 --> 00:19:42,634
[LAUGHTER]
320
00:19:43,260 --> 00:19:45,920
No, what you want to
know about is the future.
321
00:19:45,940 --> 00:19:47,039
_
322
00:19:47,040 --> 00:19:50,360
Now, when we've seen this growth
parabola and comparable industries
323
00:19:50,380 --> 00:19:52,160
that develop in tandem
with a cultural shift,
324
00:19:52,180 --> 00:19:54,800
there's a fascinating commonality.
325
00:19:54,820 --> 00:19:56,960
Whether it's computing
or high-end coffee,
326
00:19:56,980 --> 00:19:59,100
a product at the center
of a cultural shift
327
00:19:59,120 --> 00:20:02,380
reaches the exact point we're
at today when an object,
328
00:20:02,400 --> 00:20:06,860
a singular object emerges that
hits the nexus between elite status
329
00:20:06,880 --> 00:20:11,730
and mass appeal and powers the
leap from cultural uniqueness
330
00:20:11,750 --> 00:20:13,498
to cultural ubiquity.
331
00:20:14,300 --> 00:20:18,260
With coffee in the 1990s,
it was the Starbucks cup.
332
00:20:18,280 --> 00:20:21,524
With computing in the 2000s,
it was the iPhone.
333
00:20:21,530 --> 00:20:23,860
This point of no return
334
00:20:23,880 --> 00:20:27,780
is when an industry
coalesces around its DSO,
335
00:20:27,800 --> 00:20:30,540
its dominant singular object.
336
00:20:30,560 --> 00:20:35,350
Where are you getting this...
this theory of analysis?
337
00:20:36,100 --> 00:20:38,890
This is my original analysis.
338
00:20:38,900 --> 00:20:40,200
It's proprietary,
339
00:20:40,220 --> 00:20:42,539
but I'd be more than honored to share
it with you if we work together
340
00:20:42,540 --> 00:20:45,320
and apply it to all sorts of phenomenon.
341
00:20:45,340 --> 00:20:48,740
But, um... back to the bottom line...
342
00:20:48,750 --> 00:20:50,744
- [LAUGHTER]
- ... if you will...
343
00:20:50,760 --> 00:20:55,600
What will be that
object in this industry?
344
00:20:55,620 --> 00:20:57,460
The Harvard Medical School Center
345
00:20:57,480 --> 00:20:59,720
for Study of Sexual Practices
conducted studies
346
00:20:59,740 --> 00:21:02,297
on every sexual and gender identity.
347
00:21:02,300 --> 00:21:04,460
I obtained a researcher pass
348
00:21:04,480 --> 00:21:06,656
to visit them and see what they learned.
349
00:21:06,660 --> 00:21:08,680
Their conclusion was the obvious.
350
00:21:08,710 --> 00:21:12,400
There is one anatomical point
with a far higher incidence
351
00:21:12,420 --> 00:21:16,240
of sexual responsiveness across
all human beings than any other.
352
00:21:16,260 --> 00:21:17,973
Not more sensitivity, mind you,
353
00:21:17,980 --> 00:21:21,107
but more universally reported
sensitivity by a mile.
354
00:21:21,110 --> 00:21:22,776
Why are the numbers so high?
355
00:21:23,880 --> 00:21:29,670
Because it's a body part virtually
every human being has.
356
00:21:29,680 --> 00:21:31,493
[LAUGHTER]
357
00:21:31,500 --> 00:21:35,800
So, we've established the
potentially dominant universality
358
00:21:35,820 --> 00:21:38,320
of this object in response
to one cultural shift:
359
00:21:38,340 --> 00:21:40,400
sexual and gender identity.
360
00:21:40,420 --> 00:21:42,587
But there's a second shift
we're experiencing:
361
00:21:42,590 --> 00:21:45,393
the nature of intimacy.
362
00:21:45,400 --> 00:21:47,180
The two fastest-growing
intimacy statuses
363
00:21:47,200 --> 00:21:48,718
with which people self-identify are,
364
00:21:48,719 --> 00:21:50,964
one, people who are
solitary by preference,
365
00:21:50,970 --> 00:21:52,639
and two, people in a relationship
366
00:21:52,640 --> 00:21:54,439
in which another partner
is not physically present.
367
00:21:54,440 --> 00:21:58,114
Now, the object I'm presenting
today is not only an object
368
00:21:58,120 --> 00:22:00,520
with near-identical responses
across all sexual
369
00:22:00,540 --> 00:22:01,550
and gender identities,
370
00:22:01,570 --> 00:22:04,570
it's also an object with
near-identical responses
371
00:22:04,600 --> 00:22:07,140
across all intimacy identities.
372
00:22:07,160 --> 00:22:09,760
That means, in intimate partnerships
373
00:22:09,780 --> 00:22:11,380
as well as those without partners
374
00:22:11,410 --> 00:22:13,340
or without partners physically present.
375
00:22:13,360 --> 00:22:16,069
And Troy, you don't need
a Fields Medal to know
376
00:22:16,070 --> 00:22:17,599
that when you overlay two growth curves,
377
00:22:17,600 --> 00:22:19,374
the curves don't double, they grow...
378
00:22:19,380 --> 00:22:20,542
Exponentially.
379
00:22:20,550 --> 00:22:23,962
But that's just the dominance of
a $50 billion a year industry.
380
00:22:23,970 --> 00:22:25,634
Why quit there?
381
00:22:25,640 --> 00:22:29,020
Stop. Stop.
382
00:22:30,160 --> 00:22:31,219
I need a break.
383
00:22:32,400 --> 00:22:35,460
[BACKGROUND NOISE]
384
00:22:54,370 --> 00:22:56,064
- This is him?
- He is a madman.
385
00:22:56,070 --> 00:22:57,079
- Oh, adorable.
- Come on.
386
00:22:57,080 --> 00:22:58,163
Yeah.
387
00:23:01,000 --> 00:23:03,580
So, we've established the
potential of this object
388
00:23:03,600 --> 00:23:07,750
to ride this cultural
wave, right? But...
389
00:23:07,760 --> 00:23:10,680
how could it do something
more important?
390
00:23:10,700 --> 00:23:14,012
How could it expand
the wave all together?
391
00:23:14,020 --> 00:23:16,640
Let me start with an example
you might find amusing.
392
00:23:16,650 --> 00:23:20,310
Vibrators are a $3 billion
a year business.
393
00:23:20,320 --> 00:23:22,430
Not bad. Not bad.
394
00:23:22,440 --> 00:23:25,160
You know what's a $7 billion
dollar a year business?
395
00:23:26,070 --> 00:23:28,180
Hand-held personal massagers.
396
00:23:28,200 --> 00:23:32,614
[LAUGHTER]
397
00:23:32,620 --> 00:23:36,900
[LAUGHTER CONTINUES]
398
00:23:36,920 --> 00:23:38,700
[LAUGHTER CONTINUES]
399
00:23:38,710 --> 00:23:39,869
I'll wait.
400
00:23:39,870 --> 00:23:44,626
[LAUGHTER CONTINUES]
401
00:23:44,630 --> 00:23:48,772
The point being, many consumers
need a cover story
402
00:23:48,780 --> 00:23:51,880
to purchase an object designed
for sexual pleasure
403
00:23:51,900 --> 00:23:55,769
which alone accounts for
enormous hidden numbers.
404
00:23:55,770 --> 00:24:00,308
But what if their cover story
wasn't just a cover story?
405
00:24:01,480 --> 00:24:04,080
What if this were an object that...
406
00:24:04,100 --> 00:24:06,870
provided relief to nearly
40 million people a year
407
00:24:06,890 --> 00:24:08,960
who suffer from constipation?
408
00:24:08,980 --> 00:24:11,690
What if it had a built-in
Wi-Fi-enabled camera
409
00:24:11,710 --> 00:24:13,670
that could automatically
operate a colonoscopy
410
00:24:13,690 --> 00:24:16,533
saving as many as 10,000 lives a year?
411
00:24:18,110 --> 00:24:20,660
Do you think $599 is too much to charge
412
00:24:20,680 --> 00:24:22,940
for a previously marginalized object?
413
00:24:22,960 --> 00:24:24,000
I did.
414
00:24:24,020 --> 00:24:26,710
So, I took it upon myself to
lead a dozen focus groups
415
00:24:26,720 --> 00:24:29,710
all of which came to
the same conclusion.
416
00:24:29,730 --> 00:24:33,299
Even though $411 is
the break-even point,
417
00:24:33,300 --> 00:24:37,178
the price point the consumer
preferred wasn't $499,
418
00:24:37,180 --> 00:24:39,514
$599, or even $799.
419
00:24:39,520 --> 00:24:46,771
Customers want to pay
$999 for this object.
420
00:24:47,480 --> 00:24:49,500
Because the extra cost
421
00:24:49,520 --> 00:24:54,780
was what helped counteract
the stigma of a butt plug
422
00:24:54,800 --> 00:24:58,533
and turn it into a genuine
"Veblen good."
423
00:24:59,540 --> 00:25:02,280
Like a Lamborghini or a
bottle of fine cognac,
424
00:25:02,290 --> 00:25:03,620
this is the type of good
425
00:25:03,640 --> 00:25:07,570
where the customer
actually wants to overpay.
426
00:25:08,750 --> 00:25:12,360
$1,000 bucks is a lot, but
it's my health, you know.
427
00:25:13,650 --> 00:25:14,680
It's important.
428
00:25:14,710 --> 00:25:18,653
Accounting for this astronomical
profit margin.
429
00:25:18,660 --> 00:25:19,929
Incredible.
430
00:25:19,930 --> 00:25:23,700
But what really makes something
worth it to a consumer?
431
00:25:24,920 --> 00:25:26,680
If it's a great investment.
432
00:25:27,860 --> 00:25:29,859
I know what you're thinking.
How could something like this
433
00:25:29,860 --> 00:25:31,220
be a great investment?
434
00:25:31,240 --> 00:25:33,060
Well, it would be if, say...
435
00:25:34,600 --> 00:25:36,946
it were made with zinc.
436
00:25:37,800 --> 00:25:40,440
And if I had pre-negotiated zinc futures
437
00:25:40,460 --> 00:25:43,200
with the government of Bolivia to
ensure that even a moderate order
438
00:25:43,220 --> 00:25:46,040
hits a threshold that will drive
up the price of the metal so high
439
00:25:46,060 --> 00:25:48,100
that anyone who owns the
object can rest assured
440
00:25:48,120 --> 00:25:49,800
it will appreciate in value
441
00:25:49,820 --> 00:25:52,620
whether or not they ever
take it out of the box...
442
00:25:53,760 --> 00:25:55,260
which I didn't.
443
00:25:55,280 --> 00:25:58,360
Put another way, anyone
who owns this butt plug
444
00:25:58,380 --> 00:26:01,500
can at any point in times
of financial emergency,
445
00:26:01,520 --> 00:26:04,015
melt it down for parts
in case times get tight,
446
00:26:04,020 --> 00:26:07,852
and make a substantial
profit on their purchase.
447
00:26:09,700 --> 00:26:11,930
But I don't think they'll want to.
448
00:26:15,540 --> 00:26:17,940
How do you find the most value?
449
00:26:20,120 --> 00:26:24,960
You search for that which
is the most undervalued.
450
00:26:26,210 --> 00:26:29,200
We all know what it's
like to be undervalued,
451
00:26:29,220 --> 00:26:31,209
but I know both sides of it.
452
00:26:31,760 --> 00:26:33,600
I undervalued someone.
453
00:26:34,600 --> 00:26:37,940
I know I undervalued him not
because he went on to become
454
00:26:37,960 --> 00:26:40,009
one of the richest men in the world,
455
00:26:40,010 --> 00:26:43,400
but because when he had no reason to...
456
00:26:46,240 --> 00:26:47,900
he still gave me a project
457
00:26:48,820 --> 00:26:53,360
to change the last plank on a ship.
458
00:26:54,760 --> 00:26:57,790
Some say a man's character is his fate.
459
00:26:58,560 --> 00:27:02,282
Others say fate is the joke a
man's life plays on his character.
460
00:27:02,300 --> 00:27:04,450
Where are you getting this?
461
00:27:04,460 --> 00:27:07,550
Revenge is the expression
of our yearning
462
00:27:07,580 --> 00:27:11,916
to bend the chaotic world
towards balance, justice, logic,
463
00:27:13,580 --> 00:27:15,120
but mercy...
464
00:27:16,580 --> 00:27:18,330
mercy has no logic.
465
00:27:19,780 --> 00:27:21,880
It's the divine.
466
00:27:21,890 --> 00:27:25,134
It's the expression of a universe
that makes no sense.
467
00:27:25,140 --> 00:27:28,560
A universe that has something
when it should have nothing.
468
00:27:29,760 --> 00:27:32,000
It's the spark of the divine,
469
00:27:33,540 --> 00:27:38,100
of a new beginning out of nothing
470
00:27:38,120 --> 00:27:42,680
with the potential of the infinite.
471
00:27:52,510 --> 00:27:53,541
Anyway...
472
00:27:55,420 --> 00:27:58,040
that's what this butt plug means to me.
473
00:27:59,320 --> 00:28:02,130
I'm curious to hear
what it means to you.
474
00:28:04,130 --> 00:28:06,221
- You spent a year on this?
- Yes.
475
00:28:07,600 --> 00:28:08,932
It shows.
476
00:28:08,940 --> 00:28:10,320
Thank you.
477
00:28:10,340 --> 00:28:14,380
Look, Daniel, brought us
in from all over the world.
478
00:28:14,390 --> 00:28:17,860
He clearly wanted us
to be here for this,
479
00:28:17,880 --> 00:28:20,100
and I can see why.
480
00:28:20,120 --> 00:28:23,409
We're more of a financial
services company,
481
00:28:23,410 --> 00:28:27,408
but the principles that
you applied to this
482
00:28:27,410 --> 00:28:31,560
couldn't be more in line with
what we've been searching for.
483
00:28:31,580 --> 00:28:33,800
We haven't done products here.
484
00:28:33,810 --> 00:28:36,740
We've always had a
family-friendly brand.
485
00:28:36,760 --> 00:28:38,700
But you have made a great case
486
00:28:38,720 --> 00:28:40,760
as to why that might not rule this out.
487
00:28:41,840 --> 00:28:43,580
I'm curious as to what Daniel thinks.
488
00:28:50,920 --> 00:28:55,010
You can look me in the eyes and
tell me you put your entire heart
489
00:28:55,030 --> 00:28:56,980
and soul
490
00:28:57,000 --> 00:28:59,330
and vulnerability into
this presentation?
491
00:28:59,350 --> 00:29:00,740
Answer carefully...
492
00:29:02,380 --> 00:29:03,486
Answer honestly.
493
00:29:04,120 --> 00:29:05,240
Yes.
494
00:29:07,390 --> 00:29:09,742
The answer is yes.
495
00:29:36,060 --> 00:29:39,430
I'll tell you exactly what you
can do with your butt plug.
496
00:29:43,230 --> 00:29:47,000
You can shove it... up your ass.
497
00:29:48,240 --> 00:29:52,201
[LAUGHTER]
498
00:29:52,220 --> 00:29:58,166
[CLASSICAL MUSIC PLAYING]
499
00:30:33,030 --> 00:30:35,440
[LAUGHTER CONTINUES]
500
00:30:54,180 --> 00:30:55,400
Thank you.
501
00:31:15,340 --> 00:31:16,570
[EXHALES]
502
00:31:17,180 --> 00:31:18,560
How did it go?
503
00:31:21,060 --> 00:31:25,460
Now I'll be the greatest
regret... of his life.
504
00:31:38,280 --> 00:31:41,900
[CLASSICAL MUSIC PLAYS]
505
00:31:50,960 --> 00:31:55,950
- Synced & corrected by MementMori -
-- www.MY-SUBS.com --
37767
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