Pivot Pivot Q1 Quarterly Review
29 snips
Apr 1, 2022 Dive into a lively review of Scott’s past predictions on meme stocks, entrepreneurship trends, and the tussle between Facebook and TikTok. The hosts dissect the media's role in spreading misinformation while questioning accountability in today's society. They explore the unpredictable world of meme stocks and dissect the unique challenges faced by entrepreneurs. Also discussed are the ripple effects of geopolitical tensions on the tech industry and the unexpected calm in Russian cyber activity during the Ukraine conflict.
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Facebook vs. TikTok
- Facebook paid a Republican firm to spread rumors about TikTok, including the "slap a teacher" trend.
- They placed op-eds and letters to the editor posing as concerned parents.
Facebook's Backfire
- Facebook's actions against TikTok, spreading misinformation, have inadvertently made TikTok appear as the good guy.
- This strengthens TikTok's position, similar to how Russia's actions have strengthened NATO.
Alibaba Prediction Fail
- Scott Galloway's prediction about Alibaba's stock price was wrong due to geopolitical factors, particularly the Chinese government's intervention.
- The Chinese government's unpredictable actions and the risk associated with it have impacted Alibaba's stock performance.
