Spotify’s First Year of Profitability + Is Google Losing its Edge?

Prof G Markets

Vox Media Podcast Network

Entrepreneurship, Investing, Business

4.6 • 722 Ratings

🗓️ 10 February 2025

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

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Summary

Scott and Ed open the show by discussing Disney, Novo Nordisk and Uber’s earnings. Then they break down Spotify’s results and discuss Chappell Roan’s Grammy speech criticizing the music industry. Scott outlines how she could drive real impact in the industry, while Ed explains why he doesn't think Spotify is to blame for the struggle of artists. Finally, they unpack Google’s earnings, with Scott highlighting the biggest red flag for shareholders and Ed explaining why he remains bullish on the company. Subscribe to the Prof G Markets newsletter 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

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0:00.0	If you think talking about finances in general is hard, try talking to your parents about money.
0:07.0	What you don't want to do is like, do you have any money, what's going on?
0:11.0	You don't want to come at them in a more adversarial way.
0:15.0	Or, as I said, you don't want to come out like you're now the parent.
0:19.0	What to do about the ups and downs of your 401k?
0:22.5	If you or someone you care about plans to retire soon, that's on the next explain it to me.
0:28.4	New episodes every Sunday morning.
0:33.8	Today's number $8 million.
0:36.2	That's how much a 30-second ad spot on the super bowl cost this year an all time record ed
0:41.4	nothing says american exceptionalism like four hours of beer boner pill ads and men giving each other cTE for our entertainment
0:49.5	it's it's essentially rome but instead of lions, we have Taylor Swift, Ed.
0:54.3	We have Taylor Swift.
1:06.1	Welcome to Property Markets.
1:08.4	That was sort of a thoughtful Super Bowl-themed intro. Banter, Super Bowl. Do you care?
1:14.4	No, I don't care at all, actually. And this is the first year I've decided I'm just not watching. I feel like I'm always watching because I feel like I have to. But I've just decided, you know what? I'm not interested in the NFL. I'm not going to watch this here. Are you watching? I don't even know who's in the... Claire, do you know who's in the Super Bowl? By the way, Claire, I have a... Oh my God, I just realized. You're in my house, Claire. I thought she has the same climbing wall I have.
1:37.7	Yeah, this is your house. Claire, how are you? I'm really good. It's good to see you. Welcome. Welcome. Don't touch anything.
1:45.4	Thanks so much for having me. Anyways. Yeah, you have a climbing wall in your house.
1:50.6	Here in the kids. I do have a climbing wall. And my kids have climbed. My kids climbed for a good 30 minutes. And now it's just a decorative piece. It costs me about 40 zip recruiter ads. By the way, I think it's Chiefs and Eagles.
2:01.8	That's right.
2:02.4	Chiefs and Eagles.
2:03.0	Chiefs and Eagles.
2:04.2	I thought you used to be a big NFL fan, Scott, no?
	...

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