Prof G Markets: Is AI CapEx Out of Control? + Bill Ackman’s IPO Failure

The Prof G Pod with Scott Galloway

Vox Media Podcast Network

Careers, Entrepreneurship, Business

4.6 • 4.1K Ratings

🗓️ 5 August 2024

⏱️ 50 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Follow Prof G Markets: Apple Podcasts Spotify Scott and Ed open the show by discussing the latest Fed meeting, Starbucks’ disappointing earnings, and Delta’s CrowdStrike problem. Then Scott shares his thoughts on Microsoft and Meta’s earnings and breaks down why capital expenditures have become so outrageous. Scott and Ed also discuss why Bill Ackman struggled to attract funds for his IPO, and what that says about a chronically online group of people. Note: For our analysis on Friday’s selloff, tune in to Prof G Markets on Thursday for our discussion with Mark Mahaney, Evercore’s Senior Managing Director and head of internet research. Order "The Algebra of Wealth," out now Subscribe to No Mercy / No Malice Follow the podcast across socials @profgpod: Instagram Threads X Reddit Follow Scott on Instagram Follow Ed on Instagram and X Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	I'm Kevin O'Leary. As an investor in many small businesses, I know how hard it is to acquire new customers using only social media.
0:06.0	TV advertising works, but for years has been too expensive and was hard to measure.
0:11.0	So I fixed it and created Wonder Ads.
0:13.2	Powered by TATARI, Wonder Ads makes TV advertising as simple as digital ad platforms.
0:18.4	You'll know what creative is working across all TV networks and streaming services,
0:22.2	with metrics like custom acquisition
0:23.8	cost and return on ad spend. Scale your business on TV at wonder ads.com.
0:29.2	How do custom orders work on Cracken?
0:33.0	Imagine I'm a music producer, dialing in my newest track.
0:37.0	Need more bass? Crank it.
0:39.0	Vocal's not popping. Double it up.
0:41.0	Want a bigger sound? Hit that reverb. Hard.
0:45.8	That's custom orders on Cracken. Complete control over your crypto trades.
0:49.4	Go to Cracken.com and see what crypto can be. Don't invest unless you're prepared to lose all the money you invest.
0:55.0	This is a high-risk investment and you should not expect to be protected if something goes wrong.
0:59.0	Today's numbers, 180,000 and 200,000.
1:03.4	That's how many people attended the White Dudes for Harris
1:05.7	fundraising event, and white women
1:08.0	answer the call, which was the largest
1:10.3	Zoom meeting in history.
1:11.7	Let's turn this back to me.
1:13.7	I asked a hero of mine, no joke, on the Zoom
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Vox Media Podcast Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Vox Media Podcast Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.