The Prof G Pod with Scott Galloway Office Hours: eBay’s Brand Bust, VC Geography, Public Service, and Home Buying Advice
May 24, 2021
Scott dives into the evolving role of eBay amid Amazon's domination, raising concerns about its future. He discusses venture capital's concentrated geography, spotlighting the imbalance in investment across major cities. The conversation shifts to the housing market, exploring the idea that losing money can yield valuable lessons. Additionally, Scott emphasizes the vital role of young Americans in public service, suggesting initiatives to reshape its perception as a compelling career choice.
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Find Your Platform
- If you're sourcing merchandise successfully, find platforms to sell your products.
- Galloway acknowledges the listener's success despite eBay's struggles.
eBay's Decline
- EBay was once a leading e-commerce platform, comparable to Amazon.
- Now, its value is significantly less, even its spin-off PayPal is worth much more.
eBay Reseller
- Craig from Boulder, Colorado, left his marketing career to resell on eBay.
- He now sustains himself and his fiance with this business, but fears eBay's future.