It’s a frenetic hour that centers on the IPO of Ice Juice, a company in which Ira (Ben Shenkman), Chuck (Paul Giamatti), and Chuck Sr. The episode playfully keeps viewers guessing, moving back and forth through time with title cards that read “Two Weeks Ago,” “Six Days Ago,” etc. In many ways, it is the moment the show has been building toward for 23 episodes. The fallout from the closing revelations of “Golden Frog Time” will be catastrophic, shaping not just next week’s season finale but the future of Billions ahead. is the one who’s willing to shoot arrows through both his father and friend if it means hitting Axe with a deadly projectile. However, as we learn in this episode’s stunning final moments, Chuck Jr. If he takes out the Ice Juice IPO, he’ll kill Chuck Rhoades, Senior and Junior.
The title of this week’s Billions - “Golden Frog Time” - refers to Axe’s reference to poison-tipped arrows that he believes will go through one target and hit another.