Stimulus package stalled, how Airbnb, Tesla and Uber fare during COVID-19, and Corey Johnson (NYC Speaker) on small businesses and New York on “PAUSE"

Pivot

Vox Media Podcast Network

News Commentary, Tech News, News, Technology

4.2 • 9.2K Ratings

🗓️ 24 March 2020

⏱️ 63 minutes

🔗️ Recording | iTunes | RSS

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Summary

Kara and Scott talk about the stimulus package in limbo and the Defense Production Act. They break down how tech companies like Lyft, Airbnb and Tesla are pivoting in the COVID-19 crisis. They think Airbnb probably won’t go public this year. In Friend of Pivot, we talk to New York City Speaker Corey Johnson about how New York City is the US epicenter for COVID-19 cases. He discusses the possibility of rent freezes, the new “PAUSE” order and how small businesses are faring in the upheaval. In wins and fails, Kara thinks Rand Paul being the first Senator to test positive for COVID-19 — and exposing other congresspeople to the disease is a major fail. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Hi, everyone. This is Pivot from the Vox Media Podcast Network. I'm Cara Swisher.
0:07.6	And I'm Scott Galloway. Scott, where are you right now again?
0:11.7	We came home last night to Delray Beach, Florida. We live in a small town of Gulf Stream. As I
0:17.8	told you, we were the timing was inopportune. We were homeless in between houses and living with
0:23.2	my in-laws, which is unacceptable, given the situation. So we took off from Mexico and came home
0:29.0	last night and are staying at France Place. Wow. Wow. You're like, you're like wondering.
0:35.0	You're, that's, that's an interesting problem. So you had to get back because of all the
0:40.3	decorations of people coming back to the United States. Correct? You might have had to stay there.
0:44.9	Yeah, I was, it had it been up to me, Cara. I probably would have stayed down there. I was quite
0:50.3	comfortable down there. My family or specifically my wife just wanted to get back and cook in a kitchen
0:57.2	and I, you know, there's, it's really interesting, right? It's not, there's just such a draw to
1:03.8	home. Regardless of you, I kind of wrote down a matrix around, okay, let's look at all the
1:08.7	different scenarios here and do a weighted adjusted, you know, outcomes average because that's just
1:13.9	the way I think. But the call to just get home is just so strong. Absolutely. And so we decided
1:21.6	last night to come home and we're, you know, I wanted to just take a second to talk about this
1:28.0	a little bit and that is, I think as we, I think we spent a lot of time kind of evaluating what
1:34.0	our leaders should or should not do or what they've done or not done well and talking about
1:38.8	the data and the fear. And I think somewhere between the fear, oh no, this is at the end of
1:43.2	the world and the greed of should I buy Amazon? In, you know, in, in, in, in, in, in, in, in,
1:48.1	injects a lot of people are starting to realize that any great effort or any great war effort
1:54.8	wasn't a function of not a, not just the leadership, but it was a function of, in World War II,
1:59.7	the Russian people had this just unbelievable willingness to sacrifice any one of them. The
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