The Prof G Pod with Scott Galloway Prof G Markets: (HBO) Max, Chipotle & Cava’s IPO, Private Equity’s Public Sales, and the TikTok Ban
5 snips
May 29, 2023 
This week’s discussion features Ed Elson, a Prop G Media Analyst, and Jason Stavis, editor-in-chief and former attorney. They dive into HBO's controversial rebrand to Max, critiquing its impact on consumer trust. The experts also analyze Cava's IPO and compare it to Chipotle's impressive stock performance. Additionally, they examine why private equity firms retain shares in public companies, labeling it a troubling racket. Finally, Stavis unpacks the legal hurdles facing Montana's TikTok ban, exploring its implications for free speech and market dynamics.
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Brand Building and Trust
- Brand is built slowly over time and represents trust and differentiation.
- HBO's success stemmed from the quality shows it offered and, importantly, those it didn't.
HBO Max Rebranding Disaster
- Scott Galloway criticizes HBO Max's rebranding, calling it a "first ballot Hall of Fame" bad decision.
- He compares it to Datsun's disastrous rebranding to Nissan, where the cars had both logos.
Adidas and the Yeezy Dilemma
- Adidas severed ties with Kanye West due to anti-semitic remarks, but now faces a dilemma with $1.3B of Yeezy inventory.
- Galloway empathizes with Adidas, acknowledging the financial implications of destroying the merchandise.