Prof G Markets: Scott’s NJOY Stake, the JetBlue/Spirit Merger, and WeightWatchers Buys Ozempic Maker

The Prof G Pod with Scott Galloway

Vox Media Podcast Network

Business, Careers, Entrepreneurship

4.4 • 5.3K Ratings

🗓️ 13 March 2023

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week on Prof G Markets, Scott gives the inside scoop on his early investment in NJOY, which will reap 30x in returns after Altria's acquisition of the vape company goes through. He also shares his thoughts on whether or not the JetBlue/Spirit Merger should be blocked, and takes a look at WeightWatchers’ move into the weight loss drug market. For more on Silicon Valley Bank’s collapse, check out our special episode from Saturday and stay tuned. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	This episode is brought to you by Clover.
0:03.1	If you're running a business, then you know the operative word here is running because
0:06.4	your shift runs around the clock and running just to stay ahead is never enough.
0:10.7	But with Clover, success is always on the menu because with the right tools, nothing
0:15.2	goes on the back burner.
0:17.1	Except nearly every type of payment, track sales, manage employees, and do inventory and sell
0:22.3	more with online ordering and loyalty programs, all in one easy to use platform.
0:27.5	Clover.
0:28.5	The power to make it all happen is at Clover.com slash cook to learn more.
0:35.2	This week's number, 1,500%.
0:38.2	That's the resale markup on the newest Girl Scout cookie, the Raspberry Rally, originally
0:43.2	going for $5 online.
0:45.2	The sold out cookie box can now be found on eBay for $80 a pop.
0:59.5	Welcome to PropG Markets.
1:02.4	Today we're discussing three deals in M&A, Altria's acquisition of Enjoy, the Justice
1:07.9	Department's suit to block JetBlue's merger with Spirit, and Weight Watchers acquisition
1:12.5	of Sequence, a telehealth platform to treat obesity.
1:16.3	Here with the news is PropG Media Analyst Ed Ellsson.
1:20.9	Ed, what is the good word?
1:22.9	I'm pretty good, Scott.
1:23.9	I just want to start by dispelling the rumors that I am your son.
1:27.9	I've been seeing a lot of comments on Twitter and YouTube about that, accusing me of that.
	...

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