Wonder’s Marc Lore on vibe-coding restaurants, drone delivery, and his third act as the IPO guy

Klarna’s Sebastian Siemiatkowski on agentic commerce, credit cards, and financing everything

Klarna, best known as a buy now, pay later giant, came of age during the e-commerce boom. But as AI takes over everything, including our shopping, Liz and Rohan ask Sebastian about what an agentic commerce future means for his business, if Klarna will eventually become a bank, the truth about his AI customer service experiment, whether people should really be financing their DoorDash orders, and much more. Sign up to get the Semafor Business [https://www.semafor.com/newsletters/business] briefing in your inbox. This season of Compound Interest is in partnership with Amazon Business [https://business.amazon.com/]. Amazon Business is a trusted partner that transforms business buying by combining Amazon's vast selection, competitive pricing, and fast delivery with added tools and insights to help businesses simplify purchasing, manage spend, and buy smarter.

Anthony Pompliano thinks you're smarter than your financial advisor

Bitcoin evangelist Anthony Pompliano has reinvented himself as the champion of a new kind of investor: digitally native, high-net-worth, and deeply skeptical of Wall Street expertise. He joins Liz and Rohan to talk about his AI-powered CFO product, why he thinks independent investors outperform the pros, what's left in crypto worth caring about, and the uncomfortable politics of the Trump family's meme coin. Sign up to get the Semafor Business [https://www.semafor.com/newsletters/business] briefing in your inbox. This season of Compound Interest is in partnership with Amazon Business [https://business.amazon.com/]. Amazon Business is a trusted partner that transforms business buying by combining Amazon's vast selection, competitive pricing, and fast delivery with added tools and insights to help businesses simplify purchasing, manage spend, and buy smarter.

Vail CEO Rob Katz knows what you think of his business — and he thinks he can fix it

If you ski or snowboard, you probably have an opinion of Rob Katz’s business. The Vail Resorts CEO joins Liz and Rohan on Compound Interest to talk about the criticisms of crowding, lift lines, and pricing of the season pass that changed winter sports forever. Katz also explains why the company doesn’t hedge weather, how the industry’s high-end clientele complicates customer relations, why he isn’t hearing Cloudflare CEO Matthew Prince’s bid to buy Park City, and the impacts of climate change on his business. Sign up to get the Semafor Business [https://www.semafor.com/newsletters/business] briefing in your inbox. This season of Compound Interest is in partnership with Amazon Business [https://business.amazon.com/]. Amazon Business is a trusted partner that transforms business buying by combining Amazon's vast selection, competitive pricing, and fast delivery with added tools and insights to help businesses simplify purchasing, manage spend, and buy smarter.

Joe Weisenthal on the business of business media and why AI won’t replace podcasters

Bloomberg’s Odd Lots podcast has been at the forefront of a new kind of business media for more than a decade. Co-host Joe Weisenthal joins Liz and Semafor editor-in-chief Ben Smith to talk about how the business of business media has evolved throughout his career and how he and Tracy Alloway approach making a podcast that gets into the weeds of supply chains for an audience that ranges from high schoolers to Wall Street executives. They also talk about why the website formerly known as Twitter is still the place to be for finance and tech watchers — but why Substack’s drive to monetize expert amateurism has made it worse — and why he’s optimistic that the age of AI may actually be good for journalism … or at least podcasts. This season of Compound Interest is in partnership with Amazon Business. Amazon Business is a trusted partner that transforms business buying by combining Amazon's vast selection, competitive pricing, and fast delivery with added tools and insights to help businesses simplify purchasing, manage spend, and buy smarter.

Who wants to own big law?

Chris Bogart spent years at Cravath before building Burford Capital into the world's largest litigation finance firm — turning lawsuits into investible assets. Liz and Rohan dig into the financialization of corporate fights, Burford’s $16 billion beef with Argentina, and what it would take to finally let private equity buy a piece of Big Law. This season of Compound Interest is in partnership with Amazon Business. Amazon Business is a trusted partner that transforms business buying by combining Amazon's vast selection, competitive pricing, and fast delivery with added tools and insights to help businesses simplify purchasing, manage spend, and buy smarter.