The Prof G Pod with Scott Galloway Prof G Markets: Tesla’s Value Destruction, Crowdstrike and Cybersecurity, and Bankruptcies
9 snips
Dec 5, 2022 
This week, analyst Ed Elson and editor-in-chief Jason Stavis dive into the tumultuous world of finance. They discuss why the cybersecurity sector, exemplified by CrowdStrike, is thriving even during a recession. The conversation shifts to Elon Musk's impact on Tesla, predicting a potential 50% drop in stock value due to his Twitter antics. Stavis explains the intricacies of corporate bankruptcies, asking whether Musk's Twitter could be next. Their engaging banter keeps the analysis sharp and entertaining!
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SBF's DealBook Interview
- Scott Galloway attended the DealBook Summit where Sam Bankman-Fried spoke.
- He found SBF's decision to give an interview against legal advice unbelievable, increasing his likelihood of jail time.
SBF's Potential Delusion
- Galloway believes SBF might not have intentionally committed fraud, but got caught up in the situation.
- He attributes this to societal idolatry of innovators and lack of regulation.
Stock Prices and Business Metrics
- Stock prices reflect performance and expectations; CrowdStrike's drop despite strong earnings exemplifies this.
- Focus on logo renewal (client retention) and dollar renewal (revenue growth from retained clients).