Friday, June 16, 2017

Full transcript: NYU business school professor and L2 founder Scott Galloway on Recode Decode - Recode

Excerpt from the transcript of a timely and thought-provoking podcast

"I think Facebook is love. I think one of the wonderful things about our species is we have a need to be loved and a need to love others. I think the strongest indicator of whether you live to 100 — and this isn’t my research, this is a great book called “Blue Zones” — is how many people you care for and how many people you feel empathy for. I think Facebook does help us connect, have more interaction and feel empathy for other people. I think Facebook is “love.” I think it’s probably the best-managed company in the world right now. I think the best visionary, if you will, the best storyteller is Amazon. You just hear him talk and I want to buy the stock. He’s sort of the next generation Warren Buffett.

I think in terms of a visionary with adult supervision, and great management with Sheryl Sandberg, an ability to attract really thoughtful talented people, I just think they’re an outstanding organization. They’re also responsible for the most agile move I think in the last 20 years in business, and that is 0 percent of our revenue from mobile, what was it four years ago, and within 36 months they’re at 80 percent mobile. Yahoo saw mobile coming, The Wall Street Journal saw, all of us saw mobile coming. It wasn’t a shocker, but one company was able to pivot and get 80 percent of their revenues from it. This is arguably the most agile, nimble company in the world."
Full transcript: NYU business school professor and L2 founder Scott Galloway on Recode Decode - Recode
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