Pivot Netflix’s Reed Hastings has a huge quarter, Facebook makes big investment in India, Bezos takes the reins at Amazon
Apr 24, 2020
This podcast dives into Netflix's record-breaking quarter, highlighting its unexpected surge in subscribers. The discussion shifts to Facebook's major investment in India's Jio, unlocking fascinating insights about the region's market potential. Jeff Bezos's return to Amazon is examined, particularly his focus on operations during the pandemic. The hosts also tackle the quirky idea of face masks becoming fashion statements. Plus, Scott offers intriguing advice on achieving happiness amid changing times.
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PPP Loan Controversy
- Kara Swisher considers applying for a PPP loan, prompting a discussion about startups and media companies receiving these loans.
- Scott Galloway argues against startups taking PPP loans, citing Axios as an example.
PPP Loans Benefit the Rich
- Galloway argues that PPP loans primarily benefit wealthy investors and small business owners, rather than truly needy businesses.
- He suggests direct cash assistance to households would stimulate demand and be more effective.
Growth Strategy for Overvalued Stock
- Use fully valued stock to make strategic acquisitions.
- Consider international investments or Spotify as potential targets.