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$22 for a basic cocktail in Austin

by Larry Chiang on July 24, 2023

Alex Friedman 🤠

⁦‪@heyalexfriedman‬⁩

I went for a drink last night in Austin.

$22 for a basic cocktail.
Tip options: 25% 30% 35%

What tf is happening

7/23/23, 11:45 AM

BrandonCWhite

⁦‪@BrandonCWhite‬⁩

⁦‪@heyalexfriedman‬⁩ Read a study that tips in the US are down.

Makes sense to me because like you when I see 25 30 35 on a basic purchase it just triggers a bad reaction which results in people giving zero.

Exact opposite what they want. What happens when you don’t understand behavior economics

7/23/23, 12:09 PM

Alex Friedman 🤠

⁦‪@heyalexfriedman‬⁩

⁦‪@BrandonCWhite‬⁩ That makes a lot of sense. I’ve always been a 20%+ tipper and now when places make 25% the lowest I feel like I’m being tricked

7/23/23, 12:12 PM

Asking for a Venmo to pay for a partial drink for bachelorette parties is now a social norm

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