The CEO Who Couldn't Stop Partying: Steven Galanis' Cameo Collapse | 73

The Big Flop

Wondery

Society & Culture, Comedy, Business

4.6 • 884 Ratings

🗓️ 3 February 2025

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

He built an empire on Kevin from The Office that turned into the hottest tech startup in town: Cameo. But when Steve Galanis became more interested in throwing Miami mansion parties than running his company, his billion-dollar tech darling became a digital bargain bin featuring more fraudsters than A-listers.

Aaron Goldenberg and Jake Jonez (The Mean Gays) join Misha to break down how Cameo went from A-listers to Z-listers.

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Transcript

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0:00.0	You know what's even better than listening to the big flop?
0:03.6	Listening to the big flop without any ads.
0:06.7	With Wondery Plus, you can enjoy the floppiest of flops, completely uninterrupted.
0:12.0	It's like having a front row seat to the world's biggest train wrecks.
0:15.7	Join Wondery Plus in the Wondery app or in Apple Podcasts
0:19.4	and upgrade your listening experience today.
0:26.1	Talk about a problematic fave. You all know I love Cameo, and I use it to do a lot of fundraising,
0:36.8	but I didn't know until today,
0:39.3	just how much of a party animal Camio's CEO is. That's right. Today on the Big Flop we're
0:45.7	fulfilling all requests, especially if they involve fancy cars, lavish parties, and so, so, so, so much
0:53.5	money being flushed down the drain. NF much money being flushed down the drain.
0:55.0	NFTs can be flushed down the drain, right?
1:00.0	It's kind of like the digital version of an autographed picture.
1:04.0	Scaled into a billion dollar business in just four years.
1:08.0	The F Cameo has agreed to a settlement over misleading videos.
1:12.4	After slashing cameo's valuation by 90%.
1:15.6	We are on a sinking ship.
1:24.9	Hey, Hotars.com here.
1:27.5	Struggling to keep up with your toddler.
1:30.8	We know a hotel that will keep them entertained.
1:33.8	Book family-friendly hotels with pools in the Hotels.com app.
1:38.0	Find your perfect somewhere.
	...

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