The Prof G Pod with Scott Galloway Prof G Markets: Third Quarter Review — with Aswath Damodaran
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Nov 6, 2023 
Aswath Damodaran, a finance professor at NYU Stern and valuation expert, joins to dissect recent market movements. They delve into WeWork’s surprising bankruptcy and assess the implications of steady interest rates set by the Fed. The discussion touches on how giants like Meta and Netflix are navigating the streaming landscape. Damodaran also shares fresh insights on Tesla's valuation and the impact of emerging trends like the Ozempic effect on companies. It's a vibrant conversation evaluating the interplay of leadership and market dynamics.
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Shifting Business Landscape
- Businesses have shifted from 20th-century models to winner-take-all economics.
- The largest players have networking benefits, making growth and profit easier.
Antitrust and Free Services
- Traditional antitrust laws struggle with today's monopolies that offer free services.
- It's difficult to rally against companies seemingly offering bargains.
Modern IPOs
- Companies going public are now much larger but have less developed business models than before.
- VCs are incentivized to scale up quickly rather than build sustainable profits.