Prof G Markets GameStop Buying Bitcoin, an Activist Play at Lyft, & Gen Z Unemployment
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Mar 31, 2025 Delaware's corporate governance reforms take center stage, hinting at a new era for business practices. GameStop’s bold move to add Bitcoin to its treasury raises eyebrows and questions about the volatility of digital assets. Meanwhile, Engine Capital's activist approach at Lyft sparks debate on strategic improvements to boost market competitiveness. Finally, the rising unemployment among college graduates prompts a discussion on navigating today's job market, emphasizing the importance of adaptability and skills beyond traditional education.
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Delaware's Corporate Law Changes
- Delaware's change in corporate laws is a reaction to companies leaving for states with looser regulations.
- This move is designed to appease billionaires and protect founder-led companies.
Waymo's Dominance
- Waymo is far ahead of competitors in the autonomous vehicle space, completing thousands of paid rides daily.
- Other companies like Tesla, Zoox, and Cruise have yet to complete any paid autonomous rides.
Ponzi Scheme Analogy
- Scott Galloway recounts a story about a friend who ran a Ponzi scheme, taking investor money and falsely reporting returns.
- He compares this to GameStop and MicroStrategy's Bitcoin investment strategies.