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Eh, that was the joke / genius of it. I'm sure he got paid well over $1M to say "meh FTX" or whatever it was. So it depends on whether you think "endorsement"

by chubot 3y ago

Eh, that was the joke / genius of it. I'm sure he got paid well over $1M to say "meh FTX" or whatever it was. So it depends on whether you think "endorsement" is "taking money to associate yourself with a company by appearing on video in their advertisement" or saying on the record "I endorse this company, I use their products, etc." Most endorsements are now in the former category, although it does seem like modern podcasts also have explicit ones in the latter category too

fineIllregister 3y ago
> I'm sure he got paid well over $1M to say "meh FTX" or whatever it was. 10 million dollars, according to Michael Lewis in his recent 60 Minutes interview.
explaininjs 3y ago
I do not know of any reasonable interpretation of reality in which “these people payed me a lot of money to make an ad for them but I do not think they are legit so I will take their cash but use the platform they provide me to keep on repeating that I think they are all a fad and I do not recommend them” can be considered an endorsement.
- nwienert 3y ago
  Did he ever say he wasn’t a fan of them outside of the ad?
- brvsft 3y ago
  You have it reversed. The celebrity endorser is the platform. FTX has no platform, they have money and can buy commercial time. Larry David has his own 'brand', and people like you and I have positive feelings towards it. His mere appearance in an FTX commercial is him lending his platform of positive feelings we all have for him over to the brand of FTX, so that we may associate those positive feelings toward them. That's the endorsement. Even if he said, "FTX fucking sucks, and so does crypto!" in the ad, people would think, haha that's so funny, did he really say that in a commercial?! And the next time they think about crypto they remember their jovial laughter at that dumb ad and "FTX." I also don't care that he endorsed them and don't think he's at all responsible for people losing money in crypto.

by chubot 3y ago

fineIllregister 3y ago

> I'm sure he got paid well over $1M to say "meh FTX" or whatever it was. 10 million dollars, according to Michael Lewis in his recent 60 Minutes interview.

explaininjs 3y ago

I do not know of any reasonable interpretation of reality in which “these people payed me a lot of money to make an ad for them but I do not think they are legit so I will take their cash but use the platform they provide me to keep on repeating that I think they are all a fad and I do not recommend them” can be considered an endorsement.

nwienert 3y ago
Did he ever say he wasn’t a fan of them outside of the ad?
brvsft 3y ago
You have it reversed. The celebrity endorser is the platform. FTX has no platform, they have money and can buy commercial time. Larry David has his own 'brand', and people like you and I have positive feelings towards it. His mere appearance in an FTX commercial is him lending his platform of positive feelings we all have for him over to the brand of FTX, so that we may associate those positive feelings toward them. That's the endorsement. Even if he said, "FTX fucking sucks, and so does crypto!" in the ad, people would think, haha that's so funny, did he really say that in a commercial?! And the next time they think about crypto they remember their jovial laughter at that dumb ad and "FTX." I also don't care that he endorsed them and don't think he's at all responsible for people losing money in crypto.