The Prof G Pod with Scott Galloway Tech Valuations and The State of The Market — with Aswath Damodaran
28 snips
Dec 1, 2022 
Aswath Damodaran, a finance professor at NYU Stern, brings his sharp insights into tech valuations and the current state of the economy. He discusses the tumultuous futures of Twitter and Meta amidst declining trust and ad revenue. The conversation also dives into the precarious world of cryptocurrencies, exploring risks and questioning the optimistic sentiments surrounding them. Additionally, he highlights the importance of transparency and effective governance in tech, especially as companies navigate a rapidly changing market landscape.
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Risk Capital and Market Dynamics
- Risk capital has been freely available for 12 years, inflating risky asset prices.
- This easy access has allowed money-losing companies to scale without profits.
Company Name Changes and Market Sentiment
- Aswath Damodaran predicted that companies changing their names signals negative context.
- He cites Meta as an example, highlighting the drop in trust and value.
Meta's Trust and Valuation
- Trust in Meta has dissipated rapidly, impacting its valuation.
- The market negatively values Meta's metaverse investment, demonstrating lost trust.