Mr. Peanutbutter announces the Oscar nominees, of whom BoJack is one. As he celebrates, BoJack becomes more involved with his admirers, while his friendships start to falter. However, it is later revealed that Mr. Peanutbutter had lost the envelope containing the real nominees, and BoJack had never been nominated in the first place.
- All for Nothing: The journey for BoJack's Secretariat movie being recognized ends up this way. None of the other awards picked it, and it is soon revealed that the Oscars never even nominated it.
- An Aesop: BoJack's upbringing had put a negative impact on his life but sometimes, stated rather bluntly in Todd's rant, a Freudian Excuse Is No Excuse. Whatever issues you may have are yours to deal with, and you can't just simply dump your baggage on people and make their lives difficult, then turn around and feel sorry for yourself.
- Captain Peanutbutter tells his little brother to get ready to say goodbye... to his twisted spleen.
- For a moment it seems like Jimmy Fallon is about to suffer the same fate as Andrew Garfield in Todd's and Mister Peanutbutter's Halloween store. Then he's run over by a bus instead.
- Continuity Nod: Bojack's wild Oscar nomination party has several species of lemurs doing drugs, much like the parties Sara Lynn threw in Season 1.
- Downer Ending: Mr. Peanutbutter made up the Oscar Nominees announcements because he lost the envelope while trying to get back his cellphone. Even then, BoJack is not a nominee after all. All of his party guests - as well as Ana - leave him, not before having alienated Diane, leaving him alone, and the episode ends with Todd, the one person who's been fiercely loyal to BoJack despite his flaws, washing his hands of him.
- Dumbass Has a Point: Todd may not be the smartest character in the show, but even he knows to put his foot down when someone uses their Freudian Excuse to justify hurting other people.
- Foreshadowing: Diane tells BoJack that no one is going to be around if or when he kills himself (and, by extension, that she won't be there to stop him) should his misery reaches his limit. Sure enough, come the season finale, BoJack drives at full speed in the desert and no one is around to see him. Then, in the penultimate episode of the series, BoJack tries to drown himself, but not before sending a voicemail to Diane that guilt trips her for moving to Chicago and not being there to save him.
- False Friend: So many of these are party guests at BoJack's party, and they all ditch him when they learned that his movie didn't win a single Oscar. Heck, it was never even nominated.
- Freeze-Frame Bonus: In a "blink and you'll miss it" moment, a close watching of the sewer scene reveals exactly when Mr. Peanutbutter lost the nomination envelope: right as he accidentally stepped onto the alligator's head, the envelope flies out of his pocket.
- Freudian Excuse Is No Excuse: The main lesson of the episode. Todd tells Bojack point blank that he can't make things more difficult for other people because he's experienced trauma and uses said trauma to get away with his actions. He had every opportunity to get better but never put up the effort. In the end, BoJack himself is the reason why BoJack is so screwed up to this day.
- How We Got Here: A flashback reveals why Mister Peanutbutter was late to host the Oscar nominations.
- Locked Out of the Loop: Todd finally learns that BoJack had sex with his friend Emily. He initially thought she was weirded out by one of his "weird monologues about being sad". It seems like this is the final straw for him.
- Once Done, Never Forgotten: Todd still remembers BoJack sabotaging his Rock Opera. It was one reason why he never considered adding his movie to the new nominations list. Not that it mattered anyway.
- OOC Is Serious Business: It wasn't the first time the usually mellow Todd snaps at BoJack for messing up something, but it's the most scathing, which is saying something.
- Opening Shout-Out: Bojack tries to drive away in his new Tesla (which is in his living room. Don't ask.), but because he Had the Silly Thing in Reverse, he accidentally reverses into his pool in a shot mimicking the title sequence where he drunkenly falls backwards into it.
- Precision F-Strike: Todd gives the show's requisite once-per-season f-bomb at the end of his rant to BoJack. See below.
- "The Reason You Suck" Speech:
- Bojack ends up on the end of two of these in one episode. The first from Diane after they get into a fight over Bojack's fake happiness.Diane: You know what's gonna happen? You're gonna win that Oscar, and you're gonna go up on that stage and give your little speech, and then you're gonna go home. And you're gonna be so miserable, you'll want to kill yourself. And you're gonna have nobody left to stop you.
- The second is when Todd unloads a lot of built-up anger onto BoJack. And just to give it extra weight, it's how the episode ends.Todd: You can't keep doing this! You can't keep doing shitty things, and then feel bad about yourself like that makes it okay! You need to be better!
BoJack: I know, and I'm sorry, okay? I was drunk, and there was all this pressure with the Oscar campaign, but now that it's over-
Todd: No. No, BoJack, just stop. You are all the things that are wrong with you. It's not the alcohol, or the drugs, or any the shitty things that happened to you in your career or when you were a kid, it's you! Alright? It's you.
(A long, thoughtful pause)
Todd: (disheartened) Fuck, man. What else is there to say?
- Bojack ends up on the end of two of these in one episode. The first from Diane after they get into a fight over Bojack's fake happiness.
- Shout-Out: The turtles in the sewer sequence are wearing blue, purple, red and orange bandanas.
- Surprisingly Realistic Outcome:
- Mr. Peanutbutter's false nominees would not go unnoticed by the Oscar executives, especially after he nominated Avatar, which debuted in the end of the 2009.
- Why didn't BoJack get an Oscar nomination? The rules for the actor awards state that the actor must appear on-screen during the movie. However, BoJack's role in Secretariat used a CGI model. Of course, this fact was supposed to be a secret, but it's possible the Academy noticed anyway and disqualified him.
- Title Drop: Todd does this in his "The Reason You Suck" Speech to Bojack.
- Wham Line:Mr. Peanutbutter: So the good news is my brother is perfectly fine. The bad news is you didn't get nominated. But the other good news...