meta_pixel
Tapesearch Logo
Log in
The GaryVee Audio Experience

Why Wallstreet vs Redditors is just the beginning

The GaryVee Audio Experience

Gary Vaynerchuk

Business, Marketing, Entrepreneurship

4.818.1K Ratings

🗓️ 22 February 2021

⏱️ 6 minutes

🧾️ Download transcript

Summary

Today’s episode is a GaryVee TV Classic. The recent events in the stock market with GameStop and r/wallstreetbets is just another example of the power of the internet. It is hard for people to truly comprehend the internet on a daily basis until we see events like this occur. The internet is enabling like-minded people who would have never met, to ban together and create real change. The internet is removing the middle man and taking power away from the traditional gate-keepers and allowing everyday people's voices to be heard whether it's through social media, forums, or in this case, market manipulation.

Tweet Me! @garyvee

Text Me! 212-931-5731

My Newsletter: garyvee.com/newsletter

Transcript

Click on a timestamp to play from that location

0:00.0

This is the Gary V. Audio Experience.

0:04.0

Hey podcast, Joe from Team Gary here.

0:08.0

Today's episode is a mashup of clips where Gary talks about the situation with GameStop

0:13.0

and Wall Street Bet's Reddit forum, where he talks about the big picture that people are really missing.

0:19.0

Enjoy.

0:20.0

So what's your take on what's going on in the staying power of what is going on?

0:26.0

It's capitalism, it's business.

0:30.0

You know, people love free markets and limited regulation until it affects them.

0:37.0

And so I think the internet is going to pick on you.

0:40.0

It's just the way it is.

0:41.0

First it was bookstores in the late 90s.

0:43.0

People that had medallions locked up in New York City thought they were fine.

0:49.0

They got addressed.

0:50.0

You know, the internet is the infrastructure of society and humans that are on top of it and platforms that get people together to communicate.

1:01.0

This is just the reality of the situation.

1:04.0

So the staying power, this is just the beginning.

1:07.0

I mean, everyone's talking about regulating Robinhood or regulating this.

1:11.0

Unless we're looking at going the track of China or Russia and actually regulating our entire internet.

1:17.0

You can't stop humans communicating to each other.

1:20.0

So this is really just an extension of how technology has empowered people in other ways.

1:27.0

They may have empowered people to transport in different ways, to communicate in different ways and to trade in different ways.

1:35.0

Is that your take?

...

Please login to see the full transcript.

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

Generated transcripts are the property of Gary Vaynerchuk and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.