Inside the chaos at the Bored Ape Yacht Club
Inside the chaos at the Bored Ape Yacht Club  
Podcast: Most Innovative Companies
Published On: Wed Feb 28 2024
Description: In 2022, The Bored Ape Yacht Club was kind of inescapable on some parts of the internet. People—including a range of celebrities from Gwyneth Paltrow to Eminem—were spending hundreds of thousands of dollars to acquire some monkey jpegs store on the blockchain as NFTs. The conglomerate overseeing the collection along with other NFT series, such as CryptoPunks, is called Yuga Labs. VCs including A16z flocked to invest in it, valuing the company at $4 billion. Yuga’s stated ambition at the time was to create an interoperable gaming metaverse, where NFT holders could game on a browser. Lately, though, it seems that things haven’t been going so well for the company. ‘Fast Company’ tech editor Max Ufberg joined us to interview Yaz and ‘Fast Company’ staff editor, Connie Lin, about what happened and whether NFTs are even still . . . a thing. Then, Bubble Goods founder and CEO Jessica Young wanted to create an online marketplace where you could find the best—and best-for-you—foods right at your fingertips. Bubble Goods carries only packaged goods that are free of preservatives, artificial dyes, and fillers, plus no refined or cane sugar. And everything it sells comes from small, indie makers that Bubble Goods taste-tests first to make sure its worthy of its consumers. We spoke to Jessica about what led her to create this space for food products, the vetting process for items to be on the site, and what are some of her favorites on the platform.