The Prof G Pod with Scott Galloway Consumer Markets, Franchising, and Angel Investing — With Kat Cole
Nov 25, 2021
Kat Cole, an angel investor and former COO of Focus Brands, dives into the intricacies of the restaurant and retail industry. She shares her journey from hostess to corporate leader, revealing how her humble beginnings shaped her success. Kat discusses the impact of inflation on consumer trends and outlines her unique investment strategy in NFTs and decentralized finance. With insights into the evolving retail landscape, she highlights emerging solutions for small businesses and offers valuable career advice to aspiring entrepreneurs.
AI Snips
Chapters
Transcript
Episode notes
Higher Education Inflation
- Higher education costs have skyrocketed due to limited freshman seats and brand fetishization.
- This has led to middle-class prosperity destruction.
Higher Ed Innovation
- Universities haven't innovated because they face no competition.
- They raise prices while educational quality and student outcomes remain stagnant.
Higher Ed Bigotry
- Higher education has become prejudiced against unremarkable kids from lower and middle-income households.
- This results in a wealth transfer to university endowments and administrative salaries.