Kara Swisher · 54:40
Better at it than Cash Patel. That's for sure. You'd be better at it than... I wouldn't want you to have any kind of subpoena power. In any case, we need we need to move on.
Scott Galloway · 54:48
Oh my god. You know what I have? I have subpenis power. Literally.
Kara Swisher · 54:52
Why did I say the word? Oh my god. Why did I even say the word?
Scott Galloway · 54:55
Oh my
Kara Swisher · 54:55
god. I can't say. Am so If I said the word peonies, you'd make a joke, wouldn't you?
Scott Galloway · 54:59
Literally, I'm looking at this parking lot. I gotta... Can we... Should I take a picture shot of this?
Kara Swisher · 55:04
No. No. No. You should.
Scott Galloway · 55:05
God. It's amazing. It's so much fun.
Kara Swisher · 55:07
Alright. We're gonna take one more
Scott Galloway · 55:09
Let's talk more about Jean Smart.
Kara Swisher · 55:10
One dummy who's done nothing versus Trump who's, like, literally a communist at this point.
Scott Galloway · 55:15
Anyway My point is I don't... I'm an equal opportunity hater Yes.
Kara Swisher · 55:18
Please don't. Socialism, and
Scott Galloway · 55:20
I love capitalism. Bring it on. Let's compete. American companies are the strongest companies in the world. We know
Kara Swisher · 55:28
what these people are doing. They're corrupt. They're cronies. They are... They break First Amendment rules. Like, I'm just saying, these people are actively shitty, and we'll wait for Mamdani
Scott Galloway · 55:39
to get everything. Shitty and waiting?
Kara Swisher · 55:41
Let me... He's not. I don't know. What if he's great? You're gonna eat your words. Alright, Scott. One more quick break. We'll be back for predictions. You're not worried about hosting for the holidays? Oh, Wayfair's got me covered with holiday decor, extra dining chairs, and guest bedding, all with tons of five star reviews, so there's no surprises. Unless uncle Matt brings his dogs again. For worry free hosting, Wayfair delivers.
[Ad break]
— Predictions segment begins —
Kara Swisher · 57:17
Okay, Scott. Let's hear a prediction.
Scott Galloway · 57:19
Well, I gotta be honest, Kara. I don't think I'm thinking very straight. I was asked to do a prediction on ProfG, and I'm like, I... I'm I'm just out of sorts right now. And so I don't feel like I'm thinking clearly. The only prediction I could sort of muster is the following. You have... With NVIDIA saying they'll take a 5% stake in Intel, that's like the sweat off their brow. It's just not a big deal. These companies, now representing 40% of the S and P, I don't know, dollars 20,000,000,000,000 in value, what you do when you're and I like to point this out a lot. I've been on lot of corporate boards. When you feel like your stock is inflated in a bit we call it fully valued, which means our stock is overvalued for some reason. What you do is you go shopping. Because what you want to do is find companies that are undervalued, because then the acquisition is accretive. When you have a lot of money, when you're trading at 80 times earnings, if you buy a company that's trading at 20 times earnings, it's accretive right away. So it's like, Okay, we have a lot of money on our credit cards that may not be there in three, six, or twelve months. Let's go shopping. And I think Intel I was thinking about NVIDIA and Intel. And also, a total absence of any sort of scrutiny or DOJ or antitrust concern, it all adds up to me to, I think, the next two quarters are gonna be historically good or the best in ten or twenty years for M and A. Because I think everyone is gonna say, well, we would have never even contemplated buying a company like this because the FTC or the DOJ would get in the way. Warner Brothers stock, get this, Kara, it was up 55% last week because the father of a rich kid increased his wealth by 90,000,000,000 in one day at the hands of AI. So you have so much money, such inflated earnings of companies who could make so many acquisitions that would be accretive that I would bet Goldman and JPMorgan are in the offices of of the magnificent 10 saying, here's a list of 30 companies.
Kara Swisher · 59:15
Let's go. That's a great prediction, Scott. That is a great prediction.
Scott Galloway · 59:20
But a company that they would have never been able to acquire or never been able to afford to acquire that's $10.20, or 30,000,000,000, these guys
Kara Swisher · 59:27
Give me one. Give me one. Give me one. If you were blank, you... Comcast.
Scott Galloway · 59:31
Well, the thing is about Comcast, though, it's controlled by the Roberts family, but that's an interesting... That's a really interesting idea. You could see... I don't... There's just... Who are the biggest media companies that are still independent out there?
Kara Swisher · 59:43
Warner. They... He should try to grab
Scott Galloway · 59:44
it
Kara Swisher · 59:44
from
Scott Galloway · 59:44
my office. You mentioned... Absolutely mentioned one. You mentioned Disney. Disney Disney, at this point, is flailing, and Bob Iger might just throw up his arms and say
Kara Swisher · 59:53
Bob out of his misery. Because I'm sure he's very agonized about this Bob.
Scott Galloway · 59:57
Sure Okay. What's... I think the market I think the market cap of Disney is a 120 a $120,000,000,000 or something. You'd have to pay a premium, call it a 150. That's like a 5% dilution for some of these companies. That's right. I'm not sure I'm not sure Tim wants those headaches, but just to give you an example, if if Apple bought Disney, it would be a 5% bet. So even if it didn't work and the thing ended up being 1%, it's not a career ending injury.
Kara Swisher · 1:00:26
A... It would be a great acquisition for them at this point. It's not that hard. They do a very good job at Apple TV with a lot of good shows. They need more scale, and that this huge amount of IP for
Scott Galloway · 1:00:35
a while. I just doesn't... Apple's been smart about that prob...
Kara Swisher · 1:00:39
They He's gotta do something spectacular.
Scott Galloway · 1:00:40
Internally. They're know.
Kara Swisher · 1:00:42
But he can't build that. And he needs to do... Look. He's... He... They've got a lot of hair on that because are they in AI? Are they enough? Their phone sucks. They need something pretty. And and the president will let it happen since Tim is... Kim was also at that dinner sucking up
Scott Galloway · 1:00:54
the You can bet. These investment bankers with these key relationships are in there and like, here's 20 companies we would have never suggested that you could buy. And they're going to go, yeah, why not? It's almost free for them at this point. These companies are trading you don't think Palantir is looking at every analytics? I mean, Palantir is like, okay. We have a $600,000,000,000 market cap at a 10,000,000,000. Jesus Christ.
Kara Swisher · 1:01:15
How about how about they buy they buy Disney and lop off ABC and let, I don't know, fucking Sinclair have it and do their shitty programming that no... Anyone over... 65 isn't watching. By the way, Sinclair, all your all your audience is dying, so good luck with that. This is just all these companies that have broadcast or... Just lop off ABC. Just say... Just let it go. Let it go.
— Predictions segment ends —
Scott Galloway · 1:01:39
I was so depressed. I, like, literally sang it out last night. All I did was eat cash. I was on a plane. Last... Yesterday, I heard about the news about Jimmy Kimmel, and I thought, you know what? I'm just gonna turn on Spotify, type in eighties. And I got back to the hotel in Nashville. I took a ten milligram gummy, and I just slept for nine hours.
Kara Swisher · 1:01:57
Well,
Scott Galloway · 1:01:58
good. I woke
Kara Swisher · 1:01:58
And up now you're staring at construction.
Scott Galloway · 1:02:00
I woke up at 3AM, went and worked out, and I've been watching this parking lot being torn down.
Kara Swisher · 1:02:04
I'm the stages of grief demolition. Construction demolition. Demolition. Anyway
Scott Galloway · 1:02:09
Let's bring Jimmy. Come on. Jimmy, if you're out there, we like Come
Kara Swisher · 1:02:12
on. We like you.
Scott Galloway · 1:02:12
We like You'll
Kara Swisher · 1:02:13
get lots of requests. I have interviewed him. I'm gonna repost my interview with him. But You must have
Scott Galloway · 1:02:17
to one up me.
Kara Swisher · 1:02:18
I'm just telling you. I've already been I've been everywhere. You you know where you go? Like, you know, Kilroy was here. Carol was here. Alright. We wanna hear from you. That's an old reference. Well, send us questions about business tech or whatever's on your mind. Go to n n Oh, wait.
Scott Galloway · 1:02:30
But Caitlin Collins wants to interview me.
Kara Swisher · 1:02:32
Oh, she does. Mike. K. Get on Caitlin Collins Show. I can't get another text from their people. You need to go on Caitlin... As a personal favor to me, will you go on Caitlin Collins Show?
Scott Galloway · 1:02:41
Let's be honest. It's not about the brain. It's about the broad shoulders and the good looks No. And the Bruce Durn like sexiness that she wants on her program. She needs to get her ratings
Kara Swisher · 1:02:49
up. Just go on her show. She's a great... She does a great job.
Scott Galloway · 1:02:51
Yeah. Has great job.
Kara Swisher · 1:02:52
I like that great job, and she deserves your attention. Just... You you could make other friends besides Anderson Cooper. I'm just telling you.
Scott Galloway · 1:02:59
No. They see. If he gets fired, I'm going on strike.
Kara Swisher · 1:03:01
Okay. You do that. He... I I told him. I said, you know, be careful, Anderson. Anyway, we wanna hear from you. Send us your questions about business tech whatever's on your mind. Go to nymag.com/pivot to submit a question for the show or call 85551 Elsewhere in the Kara and Scott universe this week, as I mentioned, just sat down with Pete Buttigieg for an upcoming episode of on with Kara Swisher. I asked him a very important question about his future. Let's listen. Are you gonna run for president again in 2028?
Scott Galloway · 1:03:29
Oh, I don't know.
Kara Swisher · 1:03:30
Please don't be coy. Don't... Come on.
[Ad break]
Kara Swisher · 1:03:42
That's true. That's... I gotta tell you, that was better than the Gavin answer. Oh. That said, he said I could sleep in the Lincoln bedroom, so we know where he is on that. It's my greatest goal. Will you let me sleep in the Lincoln bedroom?
Scott Galloway · 1:03:57
Sure.
Kara Swisher · 1:03:57
Okay. There we go. Anyway, it was really fun. Actually, he's he's loosened up considerably, which is great cause he's very charming and the That
Scott Galloway · 1:04:05
was a real zinger. Are you running for president? He is running for president. Why do think he's coming out with Harris Wesser? Why do you think he's why do you he's Why
Kara Swisher · 1:04:10
you have to ask that? Well, I understand that, but I... You still have to ask it. I... Anyway, Kamala Harris wanted to pick him for vice president and didn't have the balls to do so, so to speak.
Scott Galloway · 1:04:20
Well, it's good to know that now. Yeah. It's good to know that. That helps. That helps. That's good. The rumor I'd always heard was that it was governor Shapiro, and then over the weekend, the black caucus went fucking crazy. No. She picked Pete?
Kara Swisher · 1:04:32
That's what she wanted, mayor Pete. She just didn't think they could take a black lady and a gay man, I guess. That's what's her calculation there.
Scott Galloway · 1:04:40
Wow.
Kara Swisher · 1:04:41
Yeah. Think she would have won with mayor Pete or would have
Scott Galloway · 1:04:44
angered her? Would have made a difference. And I love mayor Pete, and I'm gonna be... He's one of... You know, there's like one of 12 candidates I'll support and give money to and see how the process plays out. I think Mayor Pete is an inspiration. Yeah. How was... Anyways, how was the interview? Any any interesting things from him?
Kara Swisher · 1:05:00
I asked him about him being a fake gay and about... Tucker Carlson accused him of being not a real gay.
Scott Galloway · 1:05:07
He's not a real gay?
Kara Swisher · 1:05:08
Apparently. He... Yes. A lot, actually. He was... You know, he's he's sporting a beard now, so he's looking
Scott Galloway · 1:05:13
He's not a real gay. Well, I'll say this. He gives a great head for someone who's not actually gay. Oh, that's wrong. Is that wrong?
Kara Swisher · 1:05:19
That's wrong in his husband.
Scott Galloway · 1:05:20
Jet lagged.
Kara Swisher · 1:05:21
Chasted.
Scott Galloway · 1:05:21
Wait. Who cancels me for that? Yeah. I think he's fantastic. I I really hope that, you know, served his country super smart. Yes. I think his path to the presidency or his messaging, I don't know if he talked about this, but something that's really powerful that... I had Ezra Klein on my pod that he pointed out that I thought was really powerful is that he can speak in a very authentic way. And it was very moving when he talked about it, about he grew up believing that he wasn't going to have the opportunity to have his own family.
Kara Swisher · 1:05:54
Yeah, he did.
Scott Galloway · 1:05:55
And the fact that he does have this really what appears to be a wonderful, beautiful family because of our embrace of civil rights and the right to pursue happiness. He can speak to that powerfully in a way that I think will resonate moderates and a lot
Kara Swisher · 1:06:15
of Republicans. Parenting. We talked about that issue. Of course, you never asked me if I ever thought that as a kid because I'm older than him too. I'm much older than him.
Scott Galloway · 1:06:24
Well, that's that's that's fair. Yeah. I just think it's much more important for men to have families.
Kara Swisher · 1:06:32
Guys have cats. Ask me.
Scott Galloway · 1:06:33
You guys have cats.
Kara Swisher · 1:06:34
You've not... Still not ask me. Here it is opening. Let me... How are you, Scott? No. How are you? No. No.
Scott Galloway · 1:06:39
Cara, when you were young, did you dream of having a family and think you wouldn't be able to have a family?
Kara Swisher · 1:06:44
Interestingly, Pete and I did talk about this. I I wanted to have a family from the get go, like, very early as I I told... I I bought a onesie when I was 18 because I wouldn't have kids. I was going to have kids. I didn't... I thought... I didn't think I couldn't. I was like, fuck you. I'm going to have kids. I'm gonna have a family. So I think we we had a a different approach to it. I was more aggressive and and angry and... About it, and Pete was more sad about it, which is the same difference.
Scott Galloway · 1:07:12
Right? Because you have... How old is Louie?
Kara Swisher · 1:07:14
23.
Scott Galloway · 1:07:15
He's funny, which means you had him when you were 60? No. That's good.
Kara Swisher · 1:07:21
39. 39.
Scott Galloway · 1:07:22
39.
Kara Swisher · 1:07:24
Wow. And I used... And when I had a uterus back when I had a uterus. Uterus.
Scott Galloway · 1:07:27
Yeah. I had my I had my first at 42.
Kara Swisher · 1:07:30
Yeah. So I
Scott Galloway · 1:07:31
think it's good having kids when you're older. I do.
Kara Swisher · 1:07:33
Yeah. Me too. Except when they keep getting sick as the young ones are. They keep trading the same illness back and forth.
Scott Galloway · 1:07:39
Yeah. No. It's... You've locked and loaded again. I actually... If I was a little bit younger, would do that.
Kara Swisher · 1:07:44
You can borrow my kids for the weekend, I take Amanda away. That would
Scott Galloway · 1:07:47
be And you've said this. It's the gays that are the only ones keeping... Gays and immigrants are the only ones keeping our population growth at a steady level.
Kara Swisher · 1:07:56
Right? That's correct. And Elon Musk.
Scott Galloway · 1:07:59
Elon Musk. Yeah. And by the way, you you know all these guys. Yeah. I think, like, I wanna be... I'll tell you what. If I have any pull, you can be ambassador to Australia. I want him ambassador to Spain.
Kara Swisher · 1:08:09
Oh, okay.
Scott Galloway · 1:08:10
If that's alright.
Kara Swisher · 1:08:10
I'll give that to you. Well, give him some money. Alright. That's the show. Thanks for listening to Pivot, and be sure to like and subscribe to our YouTube channel. We'll be back next week.
Scott Galloway · 1:08:19
To Mexico. Don't they sell our people? No. No. Oh my god. Scott. Scott,
Kara Swisher · 1:08:24
ambassador to, like, Liechtenstein. You can have Liechtenstein. Don't ask Scott.
Scott Galloway · 1:08:29
A dancieteria.
Kara Swisher · 1:08:30
Okay. Read us out.
Scott Galloway · 1:08:31
Today's show was produced by Lara Naaman, Zoe Marcus, Taylor Griffin, and Kay Gallagher. Ernie and her Todd entered into this episode. Jim Mack will edit the video. Thanks also to Drew Burrows, Neil Severo, and Dan Shalon. Great data, by the way. Nishat Kurua is Vox Media's executive producer podcast. Make sure to follow Pivot on your favorite podcast platform. Thank you for listening to Pivot from New York Magazine and Vox Media. You can subscribe to the magazine at nymag.com/pod. We'll be back next week for another breakdown of all things tech and business. I'm in Tennessee, Kara. I'm in Tennessee watching parking lots being destroyed.
[Ad break]
Kara Swisher · 1:09:38
Wayfair. Every style. Every home.
