The Prof G Pod with Scott Galloway Prof G Markets: Why is Silicon Valley Backing Trump? + A Glasses Company Acquires Supreme
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Jul 22, 2024 Unexpectedly, Trump is rallying some heavy hitters from Silicon Valley, prompting discussions on political shifts within the tech industry. The motivations behind their financial support paint a complex picture. Meanwhile, a $1.5 billion acquisition of Supreme by eyewear giant Luxottica raises eyebrows, mixing streetwear with corporate interests. The implications of Luxottica's market dominance and its future partnerships, particularly in tech, add another layer to the conversation. Humor and sharp insights reveal the intricate dance between wealth, politics, and market dynamics.
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Dinosaur Porn
- Scott Galloway jokes about masturbating to dinosaur pornography as a teenager.
- This sets a humorous tone for the podcast's discussion of market trends.
Rent Control Ineffectiveness
- Rent control negatively impacts housing supply and affordability.
- It primarily benefits wealthier individuals, not the intended lower-income recipients.
Struggles of the Creative Class
- The traditional creative community is struggling as a few artists dominate the market.
- Platforms like Spotify haven't created the expected long tail but instead benefit a select few, like Sade.