Algorithmic Commerce

The Prof G Pod with Scott Galloway

Vox Media Podcast Network

Careers, Entrepreneurship, Business

4.6 • 4.1K Ratings

🗓️ 24 September 2020

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

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Summary

Judd Apatow joins Scott to discuss the changes he’s seen to the TV and film industries as well as the role media plays in our society. Judd also shares his thoughts on money, education, and family. Judd is an American filmmaker and has directed films including Knocked Up, This is 40, Trainwreck, and The King of Staten Island. Follow him on Twitter, @JuddApatow. Scott opens with how the potential TikTok Global deal could position Walmart as the leader in the commerce space. Office Hours: what’s coming for the marketing agencies, linking social feedback to investing platforms, and why it’s not up to businesses to save the Earth. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Episode 28. The Sun's gravity is 28 times that of Earth. The atomic number of nickel.
0:05.7	28. 28 is the sum of the TOTION function for the first nine integers. I am not impudent. I am in TOTION. True story.
0:15.2	I crush up Seattleis and snort it. Why? Because I can't. Go, go, go!
0:30.6	Welcome to the 28th episode of the Prop G show. Today's episode we speak with Judd Apertile. Judd Apertile is
0:37.1	one of the greatest filmmakers of our time. He's the founder of Apertile Productions, where he produces
0:42.8	and directed films including The 40-year-old Virgin, knocked up, train wreck, and the king of
0:47.8	Staten Island. We discuss the changes he's seen to the TV and film industries. He's probably
0:53.6	one of the seminal influences in that change. And the world media plays in our society. Okay,
0:58.8	what's going on? What's going on could be something we could ask every fucking day for the last
1:04.3	six months? By the way, did anyone in 2015 say, I know where I'll be in five years. I don't think
1:10.3	anyone could have guessed this shit. Anyways, the TikTok shitstorm continues. What does this
1:15.0	Oracle Walmart deal mean for business? Trump approved the tentative deal between Byte Dance,
1:20.0	TikTok's parent company, and Oracle, and the US Department of Commerce delayed the potential
1:25.0	TikTok ban until September 27th. Vanessa Papas said in a statement that both Oracle and by the way,
1:31.5	Vanessa is the head, I believe, of US TikTok. That both Oracle and Walmart will take part in a
1:37.4	TikTok global pre-IPO financing round in which they can take up to a 20% cumulative stake in the
1:43.2	company. NPR reported that Byte Dance is expected to own about 80% of TikTok global. But since 40%
1:50.0	of Byte Dance is owned by US investors already, specifically General Atlantic Partners in Sequoia,
1:54.9	TikTok global said it is majority owned by American investors post this deal.
2:00.4	Thereby sort of satisfying or getting to the end state, if you will, Walmart set in a statement
2:05.3	that it is tentatively agreed to purchase 7.5% of TikTok global, as well as enter into commercial
2:11.2	agreements to provide its e-commerce, fulfillment, payments, and other omnichannel services to TikTok.
	...

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