The Prof G Pod with Scott Galloway cover image

The Prof G Pod with Scott Galloway

Prof G Markets: The Broken IPO Market, Disney’s Parks Investment, and Buying FTX Bankruptcy Claims

Sep 25, 2023
Prof G, an expert in markets and technology, reflects on the latest tech IPOs, questions the state of public markets, and discusses Disney's $60 billion investment in its parks. He also discusses the family drama in the FTX saga and explores how to profit from the company's bankruptcy claims.
39:26

Episode guests

G

Podcast summary created with Snipd AI

Quick takeaways

  • FTX, a crypto exchange, is facing controversy as it sues the parents of its founder for allegedly misappropriating millions of dollars of company funds.
  • Disney's $60 billion investment in its Parks and Cruises business showcases its belief in the profitability of this sector and the importance of diversifying intellectual property.

Deep dives

FTX Founder's Parents Accused of Misappropriating Company Funds

FTX, the crypto exchange, is suing the parents of founder Sam Bankman Fried, accusing them of fraudulently transferring and misappropriating millions of dollars of company funds. The funds were allegedly used for personal gain, including buying gifts and going on expensive trips. The lawsuit adds another layer of controversy to FTX, which collapsed last year. Bankman Fried's parents are tenured professors at Stanford Law School, and their lawyers have claimed that the suit is an attempt to undermine the jury process.

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