Scott Galloway · 38:33
Slash TikTok. He's gonna do really well.
Kara Swisher · 38:36
I think it's a great product. I I... Using it, I love... I think it's a terrific product. I think it's really inventive and interesting. Now the issue the issue
Scott Galloway · 38:43
And what do you... Other than the algorithm,
Kara Swisher · 38:44
what do love about the both. I've been using Instagram a little bit more lately to test things out. It's easier to use. It's easier to use. I don't know. You know, it's sort of an easy to use Snapchat. Like, I don't know how else to put it. Snapchat is so much more inventive than all of them, and yet it's harder to use. And I like Instagram. I see the value in it, but it's not it's not as usual. It's not being innovated on. Kevin isn't there. The other Kevin, founder, Systrom. And so it's just.
Scott Galloway · 39:14
Well, Facebook just announced a pretty innovative move around probably around as it relates to Instagram. I mean, what that is.
Kara Swisher · 39:20
What is it?
Scott Galloway · 39:21
Gangster move. They're going
Kara Swisher · 39:23
Oh, to yes. Yeah. It's always good. Commerce. Yeah. They were... It was already happening. I bought so many... I wanted to buy so much stuff on Instagram. It's crazy. They they... Ads are wonderful.
Scott Galloway · 39:33
And by the way, Facebook has hit on. Kara, who Guess what?
Kara Swisher · 39:36
Microsoft was always at an all time high. It still was the least innovative place on the earth. I'm sorry. I just... Use predictive. You predict
Scott Galloway · 39:43
it. Yes. About Facebook stock?
Kara Swisher · 39:45
Innovation yields great results. Sorry. Yeah. Go ahead.
Scott Galloway · 39:50
You're you're ignoring
Kara Swisher · 39:51
It's gonna be at an all time high.
Scott Galloway · 39:52
What what what did the
Kara Swisher · 39:54
All time high.
Scott Galloway · 39:55
Okay. What happened yesterday? All time high. I said it'd be at $2.50, but an all time It's high
Kara Swisher · 39:59
still in 34 yesterday. Innovation. In any case, TikTok, I think, is there is there water flow. I think TikTok is a really interesting business. I think it's really great. I think it's got the muscle behind it. And when it goes public, it's gonna be the real competitor. It is no Snapchat in this case. They cannot they cannot slap away TikTok, especially this executive. And the problem TikTok has... TikTok TikTok has is is that it's it's the China issue. And if they remove that, I... And that's what Facebook will try to press on. That's the the wound they've got. That... Especially with this with this added intensity right now. I think this will... They spin it off. They make it an American company. Remove all the things from China. I think I think it's got a I think it's got a good a good aim at the heart of Facebook. Thank you very much.
Scott Galloway · 40:46
Okay. So as you would say, listen to me. Listen to me. Your emotions are clouding your judgment. Facebook, is just on fire right now. And whoever runs strategy there, I don't know if it's I don't know if it's Mark. I don't know if it's Sheryl. They are thinking with such a ridiculously clear blue flame. Giphy is probably the most interesting $400,000,000 acquisition. They're gonna get all kinds of signals. They're gonna incorporate better visual, tools into their platforms, and they got it for $400,000,000. They just did this thing with Joe Mart in India where they're probably potentially could be the most interesting social commerce company in the fastest growing economy. And they just announced this big Facebook shops initiative. They are... They're on fire. Facebook... I mean, you just gotta get to them all. Everybody, you know, they... They've said to their 30,000 lawyers and they... And Cheryl, just like be our heat shield, be our beard, be our shark repellent, but there are people ignoring all the noise and are very focused on long term strategy. Agreed. They're on fire.
Kara Swisher · 41:47
Agreed. They remind me so much of Microsoft. I can't even tell you. I can't... They're... They arm the Microsoft team at this age. Yeah. They were like that too, and and and they did... You know, they were like that too. I just I just... I I think they're also a a young people repellent. I... There's not a young person I know who thinks it's a great thing, but, you know, there's lots of other people than young people. But I I think TikTok... I want you to try TikTok for a week and then let... Tell me. You need to try it. It's really a good... It's really well done. It's so in... It's so intuitive. And I I... I'm... Interesting creative people are on TikTok. And I always... It's like neighborhoods that shift over in cities. The gays are there. You know what I mean? Or whatever. That's
Scott Galloway · 42:29
Yeah. No. I need to spend less... More time on TikTok, less time on chat
Kara Swisher · 42:33
as well. That's my new One more quick break, and we'll be back.
Scott Galloway · 42:36
Yes. Just gonna roll
Kara Swisher · 42:37
right around that. I'm that. The people heard
Scott Galloway · 42:40
it. Gonna ignore that.
Kara Swisher · 42:40
And I let them... Let it sit there.
Scott Galloway · 42:42
We're just gonna ignore that.
Kara Swisher · 42:44
Alright. Scott, one more quick break. We'll be back for predictions.
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— Predictions segment begins —
Kara Swisher · 43:36
Okay. We're back. Scott, I predict that Pivot is gonna keep winning more awards and more... Making more money. We're getting bigger. We are. But give us an edgier prediction on that. That's obvious. That's just obvious.
Scott Galloway · 43:49
I think that Shopify is, is gonna make a big Intrigue. Is gonna make a big acquisition. I think that they now have the market capitalization to start buying. I was... Actually would have been more... I wouldn't be surprised if Shopify shows up and becomes a competitive bidder for JCP enney's or one of our Oh. One or more retailers?
Kara Swisher · 44:10
Tell me more.
Scott Galloway · 44:11
I don't I don't I obviously, I don't know anything. But Shopify now
Kara Swisher · 44:14
has know if you don't know one. I think you have insiders everywhere, but keep going. Go ahead.
Scott Galloway · 44:18
Shopify Shopify now has such an incredibly... I don't call it inflated, but it's so fully valued that if they don't have every investment bank in the world and an incredibly robust corporate development department trying to find acquisitions, they're not doing their job because they... It's almost impossible to justify the valuation based on your organic growth right now. So they should be... I gotta think I gotta think a bunch of content companies, retailers, whoever it is, are hearing from Shopify. So in the next ninety days, we're gonna see a very interesting acquisition.
Kara Swisher · 44:51
What else? What else there? JCPenney? What else?
Scott Galloway · 44:53
Oh, they're kinda kinda... They're pick of the litter because... I mean, what if... They... Kind of the interesting move here, the gangster move in my view would be if Shopify purchased Macy's. Macy's has great high end brands. They have fantastic
Kara Swisher · 45:08
They e
Scott Galloway · 45:10
have
Kara Swisher · 45:10
They'd be a friendly acquisition. They would be a friendly acquisition.
Scott Galloway · 45:13
And Macy's needs to figure out something. They have great real estate. They could probably spin their real estate into a REIT and pay for, you know, a third of the acquisition. Anyways, there's gonna be for the first time in a while something resembling a bit of a Canadian invasion. I think Shopify is gonna buy a big American firm.
— Predictions segment ends —
Kara Swisher · 45:31
Alright. That is a... That is really... I was not expecting that. I like that.
Scott Galloway · 45:35
It's excuse. That's how I keep our third marriage fresh. That's how I keep it fresh.
Kara Swisher · 45:40
I like that one. I like... You know, someone counted the amounts of times I said interesting on this show.
Scott Galloway · 45:45
There's nothing wrong with that.
Kara Swisher · 45:46
20, three times. Oh, no. That was in... It was... This this is not just interesting. This is this is... Excuse me. Ah, that's really smart. I think Shopify is a real... Another company, another great company that's really... I like seeing these people that challenge the bigs.
Scott Galloway · 46:01
It's the rim of our generation.
Kara Swisher · 46:02
TikTok. The TikTok challenges the Facebook. The, Shopify challenges the Amazon. There's no one challenging Google except for possibly the justice department. But I I I like duck duck go, but
Scott Galloway · 46:15
Duck duck go.
Kara Swisher · 46:16
Give me a break. Gonna happen. I'm... Look. Listen to me. They're trying.
Scott Galloway · 46:19
Duck go.
Kara Swisher · 46:20
They're trying. They're fighting the
Scott Galloway · 46:21
The only people who use duck duck go are those people on those those zodiacs trying to ram a whaling ship. I mean, just... If you're using DuckDuckGo, it means you're just so far out there.
Kara Swisher · 46:30
I mean, it's literally
Scott Galloway · 46:32
Listen to save the whale.
Kara Swisher · 46:33
Listen to me.
Scott Galloway · 46:34
Search DuckDuckGo.
Kara Swisher · 46:34
Listen. Interviews I have later this week. I I I... I'm interviewing Dara Khosrowshahi and Brian Chesky, not together. Give me one question for each, and then we're gonna go.
Scott Galloway · 46:46
Yeah. Dara, can you understand why with five or 6,000,000 people not having access to health insurance with a large portion of those five or 6,000,000 people not... It ends up not making minimum wage. Can you understand why people would legitimately want the FTC or the DOJ to break up a merger that would result in two companies owning 90% of food delivery? Isn't this just a really bad idea? Wouldn't wouldn't wouldn't any lawmaker that doesn't say no fucking way have their head up their ass if they don't get in the way of your acquisition here? Isn't this just a no brainer to not allow this?
Kara Swisher · 47:24
Nice. What about Brian?
Scott Galloway · 47:26
Oh, just... That... That's just super fascinating around what is... When does he expect to see a return? And and why? And and how will it reshape or recontour the hospitality, specifically the hotel business?
Kara Swisher · 47:42
Yeah. He's in better shape than hotels, I think. Like, I think people are gonna go for Airbnbs. And also they've hired some really He
Scott Galloway · 47:48
can variabilize his costs. If you're at the Marriott Boca Raton, you can bring your costs down 40%, maybe even 50, but even if you board the place up, you still have the mortgage on the place, you still have to keep it fresh, you have to clean it, you have to... He can literally... I mean, other than his personnel at headquarters, which my guess is he'll he'll get a lot of the gunk out and lay off, you know, decent... He already has way off a bunch of people. He can variabilize his costs way down. So, anyways, I I think Airbnb is
Kara Swisher · 48:15
I think more interesting is the people he's hired. He's hired some... He hired a very interesting executive from Apple to take over for, someone who, stepped down as COO, Melinda, who is quite good. So I think it's interesting. Yes. I think he'll be in a very interesting place. He's a great... He's a really emotional executive, and I don't mean that negatively. He's... He he really does talk about, things in a in a much more human way. He's groovy. He's groovy. Anyway, Scott, Disney World is starting to open again. Are you going to go?
Scott Galloway · 48:43
I'm definitely... It's it's it's not it's not if, it's when. My kids my kids are, you know, nine and 12 year old boys. You gotta take them to Disney and make a lightsaber. So I'm really excited about Galaxy's Edge. I've been dying to check that out. How about you? You gonna go back?
Kara Swisher · 48:58
No. I never go to Disney World. Now I'm gonna double down on not going to tell them. My brother's a big Disney person. Thank you. I'm not. I'm just... Don't go to Disney. I'm... My brother's a Disney fan, so he can
Scott Galloway · 49:09
go Doctor Swisher?
Kara Swisher · 49:09
I never... I don't I don't go... No. No. No. No.
Scott Galloway · 49:11
No. The
Kara Swisher · 49:12
other one? My other brother,
Scott Galloway · 49:13
my friend, is about? The Tiffany of your life? The Tiffany Trump of your life?
Kara Swisher · 49:17
He's a good guy. He's a little conservative for my taste, but he's a good guy. He's a lovely... He's a good father. How about I say that? He's a great father. He's a great husband. And his his his political views are disturbing on many levels. That's how
Scott Galloway · 49:30
it works. If you had to pick if you had to pick two of the three, you'd probably pick good father and good husband.
Kara Swisher · 49:34
He's good. He is. That is true. He's good golfer, by the way. This guy sounds like the whitest man on earth. He really is. Oh my god. He's he's a good guy. He's a guy... He's... Whatever. Okay. He's got a Britannia jeans.
Scott Galloway · 49:48
I'm trying to figure out we can be any whiter.
Kara Swisher · 49:50
He wears Basos jeans.
Scott Galloway · 49:51
Does he wear logo polos? Corporate logo polos?
Kara Swisher · 49:55
I... He's he's down that avenue. Yes. But anyway, he does... He's a he's a... I'm not gonna talk about my brother. He's a good guy. I don't insult my brother. He's... He he's is what he is. That's a well... That's a story.
Scott Galloway · 50:04
Where do you think
Kara Swisher · 50:05
I'm going to see him.
Scott Galloway · 50:06
The fissure in your relationship developed? When did it happen, Kara? Talk to me.
Kara Swisher · 50:10
When he was a kid. What happened? We don't have a fissure.
Scott Galloway · 50:12
What happened?
Kara Swisher · 50:13
He's he's he's... My brother... My older brother and I are very much the same personality, very outgoing. He is not as outgoing. He is... He's quiet. He's he's he's brilliant. So he's... There's no fissure. The swishers do not have fissures.
Scott Galloway · 50:26
Because you know what this is. This pandemic is an enormous opportunity to strengthen those types of relationships, Kara.
Kara Swisher · 50:32
That's right. I know that. I know. I just don't wanna talk about Hillary Clinton with him anymore. Anyway, anyhow, anyhoo
Scott Galloway · 50:38
Does he know you think he's a good husband and a good father? Have you said that to him?
Kara Swisher · 50:42
Does. I have said that to him. I am... He should be proud of his his his fatherhood, and he should be proud of his being husband.
Scott Galloway · 50:49
I mean, at the end of the day, that's kind of priority number one.
Kara Swisher · 50:51
I have said that to him. That is where I focus. That is where I'm gonna focus, and that is where I'm gonna stay. I'm gonna go visit him. I... He's a he's a he's a sweetheart.
Scott Galloway · 50:58
So See, where's where's my dad?
Kara Swisher · 51:00
Thank you for this session.
Scott Galloway · 51:01
Where's my dad? We... Outstanding political congruence, but he's not a great father. He's not a great father. Well,
Kara Swisher · 51:08
I would trade the other one.
Scott Galloway · 51:09
You give up that. Yeah. Yeah.
Kara Swisher · 51:11
Yes. Yeah. I have a... I like my family.
Scott Galloway · 51:13
That was hard. I didn't mean that, dad. Great.
Kara Swisher · 51:15
You're I was hard. Did. You totally meant to. My mom is... My mom, as they say, is a piece of work. So... And she's out and about in Florida. She's probably going to Disney World. She'll come and visit you soon and and pass along some coronavirus, germs with you if you'd like. Anyway, don't forget if there's a story in the news. This was... This took a weird turn. And don't forget if there's a story in the news and you're curious about and you want to hear our opinion on, email us at pivot@voxmedia.com to be featured on the show. Scott, please read us out.
Scott Galloway · 51:44
Our show today was produced by Rebecca Sinanis, and this episode was engineered by Fernando Fenegte. You sexy beast who I haven't met. I want that name. With that with that name, I would do so much damage. I have a podcast. My name is Fernando Fonente. Oh my god. Thanks to him. Engineering. Boom. So our producer is Erica Anderson. Special thanks to Drew Burrows and Rebecca Castro. If you like what you heard, download or subscribe. And most importantly, reach out to your siblings and tell them you love them. Repair and strengthen those relationships. Good intentions, feeling nice things about people are not enough. If you're a loving, generous person, say loving and generous things. An enormous opportunity to strengthen the key relationships in our lives.
Kara Swisher · 52:26
Scott, you're a handsome man. Go on. That's it. That's all I got. That is all I got. Smiling ear to ear. That is I smiling ear ear. I got... Nice teeth. Nice teeth.
Scott Galloway · 52:35
There you go. I do have good teeth.
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Scott Galloway · 53:32
only.
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