Prof G Markets: (HBO) Max, Chipotle & Cava’s IPO, Private Equity’s Public Sales, and the TikTok Ban
May 29, 2023
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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.
This week on Prof G Markets, Scott shares his thoughts on what he thinks is the worst ever rebrand: HBO’s shift to Max. He then takes a look at fast casual restaurant Cava’s IPO filing and examines why its competitor Chipotle is one of the best performing stocks this year. Scott also discusses why private equity firms hold on to shares of companies in the public markets (hint: it’s a racket). Finally, in this week’s Unpack, we hear about each of the legal challenges Montana’s TikTok ban will face.