The Prof G Pod with Scott Galloway Office Hours: Web3 Unlocks, Podcast Subscriptions vs Ads, and Transitioning to a Smaller Company
Aug 17, 2022
Discover how Web3 technologies like NFT ticketing could transform the experience economy post-pandemic. Explore the shift from ad-based models to subscription revenue in the podcasting world. Scott shares humorous insights on the cumbersome healthcare paperwork and the need for tech solutions. Learn about the challenges and opportunities when transitioning from large corporations to agile startups. Finally, dive into the dynamics of small versus large companies, weighing the impact on communication, accountability, and personal investment.
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Web3's Potential
- Web3's biggest opportunity lies in streamlining inconvenient experiences like airport security or doctor visits.
- Scott Galloway suggests leveraging blockchain, biometrics, and smart contracts for secure data management and smoother processes.
NFT Tickets at the Super Bowl
- The NFL experimented with NFT tickets at the Super Bowl.
- These were commemorative, but the NFL is exploring their use for ticketing.
Podcast Revenue Models
- Consider both subscription and advertising revenue models for podcasts.
- Subscription models offer more stable income, but advertising can be lucrative when reaching the right audience.
