Episode 100! – Updates to Previous Podcast Stories
Nasir and Matt recordtogether for the first time forthe 100th episode. They give some updates onstories discussed in previous episodes of the podcast, including Arian Foster's failed IPO, the Ryan Seacrest patent dispute with Blackberry, Johnny Manziel's trademarks, the outcome from the Airbnb squatter, the settlement from the Oakland Raiders cheerleaders, and the podcast patent lawsuit involving Adam Carolla. Special thanks to Co-Mergefor providingspace for the recording. Full Podcast Transcript NASIR: All right. Welcome to our podcast, Legally Sound Smart Business, where we cover business in the news and answer some of your business legal questions. My name is Nasir Pasha. MATT: My name is Matt Staub. NASIR: And we are at number 99 episodes – or no, what are we at? MATT: 100. NASIR: Oh, 100, yeah, that’s right. 100 episodes recording live in… where are we right now, Matt? This is your pad. MATT: Oh, yeah, Co-Merge in San Diego. Finally made it out here. NASIR: Voted one of the top co-working spaces in the nation. MATT: Yeah, number three co-working space in the US, recently voted. NASIR: Voted by Matt and Nasir Pasha. MATT: Yeah, I didn’t like it number one, but we’ll work you out of here for a while. NASIR: Yeah, we’re recording in San Diego together for the first time ever after a hundred episodes and probably last. MATT: It’s not really live though because this is going to be edited. NASIR: Oh, that’s true. MATT: It’s not live streaming. NASIR: Yeah, though we do have a very wide live audience in the lobby. MATT: There are a lot of people here for some reason that showed up, yeah. NASIR: Not for us, though. MATT: Well, there’s a lot of seats so there’s a lot of space for people to sit. There’s a lot of people outside. NASIR: I don’t think we’re going to do any question this time around but we’re going to have a nice update on some of the old stories that we’ve covered in these past years – less than a year but in the last hundred episodes – or 99 episodes. So, what do we have starting off? MATT: Well, I figured, what’s what best place to start than Episode 1? And this is actually pretty funny. So, I’ll give a little bit of background for every story we do just so, if people didn’t listen… NASIR: No, they listened. Everyone has listened to every episode. MATT: First episode, we talked about Arian Foster, the NFL player. It was basically an IPO for him, sort of. He was going to get paid $10 million for 20 percent stake of his future income – so, contracts, endorsements, and other business ventures. We talked about this on October. Let’s see. Well, actually, I guess it came out October 21st. I don’t know. We recorded it before that. And he got injured on October 28th and he was out for the season. So, he actually never played… he got hurt on the game on the 28th but, you know, had four carries and then didn’t play for the rest of the year. So, Fantex which was the company that was supposed to do this 10-million-dollar offering ended up just kind of pulling out on this or postponing it. I don’t know if it’s going to ever circle back around because he’s playing this year. Today, we’re recording on a Sunday. He’s questionable for today but he actually has played a couple of games. NASIR: Yeah, I feel like we had cause of his injury or something because we basically called that as one of the biggest risks in investing – that these running backs get injured all the time. MATT: Right. NASIR: Literally within a week. I think we recorded on a Friday and that’s Sunday that occurred, right? MATT: Yeah, that would have been it, yeah, because it came out on Monday the day after. NASIR: Okay. MATT: Yeah, we recorded on Friday, he gets – forget what he heard. He heard something about this seriously on Sunday and then Monday episode came out – our first episode ever and it was already… NASIR: Yeah, if you guys remember, it was kind of a novel way to raise funds for him. But, what was weird is that,