My First Million

How Scott Galloway Turned $8M into $120M Through Investing

1445 snips
May 16, 2025
In this engaging talk, Scott Galloway, a marketing professor and entrepreneur, shares his savvy investment journey, including turning $2M into $15M amid the FTX bankruptcy. He also recounts his monumental wins with companies like NJOY and YellowPages. Galloway offers razor-sharp advice for young men in their 20s and 30s, emphasizing humility and perspective. He predicts a looming downturn in the U.S. market and highlights the potential in European markets. The episode is a mix of finance insights and personal wisdom, ripe with humor and authenticity.
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ANECDOTE

Scott's FTX Bankruptcy Win

  • Scott Galloway bought $10 million of FTX bankruptcy claims for $2.2 million after carefully analyzing asset valuation.
  • This distressed investment turned highly profitable as the assets' value recovered, highlighting his expertise with bankruptcy filings.
ANECDOTE

Enjoy Vaping Bankruptcy Turnaround

  • Scott invested $2.5 million to bring Enjoy vaping company out of bankruptcy and later sold it for $75 million.
  • Despite ethical concerns about vaping, the investment was a regulatory play resulting in a 30x return.
ANECDOTE

Yellow Pages to CRM Success

  • Scott invested about $4 million in Yellow Pages, a declining but cash flow positive business.
  • They transitioned it to a CRM company, increasing stock value significantly, showing value in unsexy investments.
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