Big Tech's Comeback And The Spillover to VCs and Startups — With Eliot Brown

Big Technology Podcast

Alex Kantrowitz

Management, Religion, Politics, Entrepreneurship, Business News, News, Investing, Marketing, News Commentary, Social Sciences, Science, Society & Culture, Religion & Spirituality, Business, Tech News, Philosophy, Government, Technology

4.7 • 596 Ratings

🗓️ 5 July 2023

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

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Summary

Eliot Brown is a reporter at the Wall Street Journal and co-author of The Cult of We: WeWork, Adam Neumann, and the Great Startup Delusion. He joins Big Technology Podcast this week to talk about Big Tech's remarkable stock market comeback and how that's spilling over to VCs, startups, and IPOs. Stay tuned for the second half where we discuss the risks in the commercial real estate market, looking into examples Brown has reported on. We end discussing Evan Gershkovich, a friend and colleague of Brown who is currently imprisoned in Russia. --- Enjoying Big Technology Podcast? Please rate us five stars ⭐⭐⭐⭐⭐ in your podcast app of choice. For weekly updates on the show, sign up for the pod newsletter on LinkedIn: https://www.linkedin.com/newsletters/6901970121829801984/ Questions? Feedback? Write to: bigtechnologypodcast@gmail.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Will AI improve our lives or exterminate the species?
0:05.0	What would it take to abolish poverty?
0:08.0	Are you eating enough fermented foods?
0:10.0	These are some of the questions we've tackled recently on the next big idea.
0:14.0	I'm Rufus Griscombe, and every week I sit down with the world's leading thinkers
0:19.0	for in-depth conversations that will help you live,
0:22.3	work, and play smarter. Follow the next big idea wherever you get your podcasts.
0:34.5	Welcome to Big Technology Podcast, a show for cool-headed, nuanced conversation of the tech world and beyond.
0:40.3	We are joined today by Elliot Brown.
0:42.7	He is a reporter at the Wall Street Journal and the co-author of The Cult of We, WeWork, Adam Newman and The Great Startup Delusion.
0:49.6	He's a terrific reporter.
0:50.6	We have so much to cover today.
0:51.7	We're going to talk about public market valuations of big tech companies and then get deep into elliott's reporting about how that's spilling over into the
0:58.8	private investment world including soft bank elliott so glad to have you here welcome to the show
1:04.4	happy to be here great to have you we had you around new years and one of the things i said
1:10.1	um i love speaking with you about is
1:13.0	froth, because you have this internal radar. When you see something not really makes sense in
1:18.8	the numbers, you're very good at saying, hey, wait, let's double check here. That being said,
1:23.7	let me read you some statistics. Okay, year to date, right? So since we spoke last, here's what big tech is doing.
1:29.4	Apple is up 53%.
1:31.3	Meta's up 129%.
1:33.8	Amazon is up 51%.
	...

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