The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
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every show 44 of 44
Galloway notes Uber Lux prices have surged 7% to 10% annually
“Uber has raised the prices on UberX, I'm sorry, Uber Lux, seven to 10% a year, way above inflation. So the average price of Uber Lux when I was first taking it was 40 to 60 bucks. Now it's 80 to 120.”
Galloway: 24% of Teens Addicted to Social Media vs 6% to Drugs
“Six percent of kids are teenagers that are clinically addicted to alcohol or drugs. 24% are addicted to social media.”
Galloway: Unmarried, Six-Foot, Six-Figure Men Under 50 Are Just 2.6% of Population
“Six feet, six figures. That's 2.6% of the population of people who aren't married, aren't obese, or under the age of 50.”
Scott Galloway: Relationship scorecards lead people to inflate their own efforts
“There's a problem with that because you'll always inflate your contribution of the relationship and minimize theirs.”
Galloway: Prioritizing personal wealth over helping others was a wasted opportunity
“I wish I'd taken more advantage of the human capital I was possessing to improve people's lives. You know, I just, everything was about fucking me. And it's, I feel as if I like, I just wasted so much opportunity.”
Galloway: Relationships are ultimately about having someone witness your life
“I think the reason we get together is not to make more economic security or make children. I think it's such that we have someone to witness our lives, to notice our lives.”
UCLA admissions dropped from 76% when Galloway applied to 9%
“When I applied to UCLA, the admissions rate was 76%. I barely, and I didn't get in. I was one of the 24% that got rejected. And I applied the second time when I got in. This year is going to be nine percent”
Galloway lost a $5M investment in a VC-backed healthcare startup
“Two weeks ago I found out, I made a, one of my biggest, I invested five million dollars in a tech space healthcare company, tier one VCs, baller CEO, best investors, had to elbow my way to get in, that's a big investment for me. It went out of business last we…”
70% to 80% of Galloway's students expect top 1% incomes
“I survey my kids, when I say my kids, I mean my students, 70 to 80% of them expect to be in the top one percent of income earners by the time they're 35.”
Galloway: Historically, 80% of women procreated compared to 40% of men
“80% of women have procreated. It's only 40% of men throughout history.”
Galloway: US office space occupancy lags far behind Europe at 40-60%
“70 to 90% of office space is released in Europe. It's like 40 to 60 in the U.S.”
Galloway: Prof G Media aims to pay employees 30-80% above market
“Now I want to overcompensate people because I don't want to take outside capital. And my goal is to pay people somewhere between 30 and 80% more than they would get in the, you know, in the market.”
Galloway: Founders perform better when bringing in dispassionate outside advisors
“There's just, it's so hard to read the label from inside of the bottle, and one of the big mistakes I made as a young entrepreneur was feeling that leadership was me figuring it all out. That I needed to understand, I needed to portray this image that I knew i…”
Galloway committed to giving away 100% of his current income
“Five years ago, I decided I was going to give away every dollar I made in current income.”
Galloway: L2 sold for $158M with insiders owning roughly 70%
“No, it sold for a hundred and fifty eight million, but we'd only done one round of venture capital. So the. You know, the common shareholders, you know, I was the largest equity owner. So the top, you know, between me and the top six employees, we probably own…”
Galloway has made more money investing than from running businesses
“I've made more money investing, actually, than I've made for my small, for my businesses”
Galloway: Reinvesting all capital into new startups after early wins was a mistake
“And the mistake I made at your age when I had Some wins was I would double down and I would start another company and put all my money into one thing.”
Galloway: Generating active income forces people to understand market value
“Being subject to trying to make as much money as you spend, or ideally more at any age, keeps you in the market. You have to understand what the market values and doesn't value.”
Galloway: A reliable algorithm for happiness is being rich and anonymous
“I do think there is an algorithm for happiness, though, a pretty good one, and that is to be rich but anonymous, because at some point I'm going to become the villain.”
Galloway averages $112,000 per speaking gig across 30 accepted talks
“Speaking is the most lucrative business I've ever been, and I had 340 inbound requests for speaking. I accepted 30 of them. I averaged a 112,000 dollars for speaking engagement.”
Mastercard paid Galloway $150,000 for a one-hour speech in Barcelona
“MasterCard and they're spending me a hundred, you know, they're spending a 150,000 bucks to have me speak for an hour in Barcelona, which I did last week”
Galloway: Two-Thirds of Young Americans Never Earn a College Degree
“Two thirds of our kids do not end up with a college degree.”
Galloway: Caps Any Single Investment at 3% to 4% of Net Worth
“I don't invest more than three or four percent of my net worth in any one thing.”
Galloway: NYU Stern Average First-Year Compensation Is $212,000
“The average compensation at NYU Stern is 212,001st year”
Galloway: Started nine companies, resulting in four failures and two hits
“I've started nine companies. Four have failed, three are kind of a, three are kind of a tie, got the money back, and two, two were hits.”
Galloway: Gavin Newsom has hands-down unmatched star power
“Governor Newsom has that star power. Hands down, star power.”
Galloway sold his marketing intelligence company L2 for eight times revenue
“We ended, ultimately ended up selling for eight times revenues.”
Galloway publishes 7 weekly podcasts, a newsletter, and books every 18 months
“I write a book every 18 months. I do seven podcasts a week. I put out a newsletter every week.”
Galloway: Turning a practice into an enterprise requires hiring people for leverage
“The key between a practice and an enterprise that creates real money is to find outstanding people and get them to leverage your time and your talent.”
Galloway accepted a $200,000 fee for a single Jackson Hole speaking engagement
“I just flew to Jackson Hole because I got offered 200,000 dollars to speak.
What?
And I said yes.”
Galloway: Elon Musk reached out through a mutual friend to meet
“He's actually reached out to me through a friend saying we should get together.”
Galloway: 83% of SAG-AFTRA Members Failed to Qualify for Health Insurance
“83% of them last year didn't qualify for health insurance because they didn't make 23,000 dollars.”
Galloway Caps Any Single Investment at 3% to 4% of Net Worth
“I don't invest more than three or four percent of my net worth in any one thing.”
Galloway: NYU Stern Average First-Year Compensation Is $212,000
“The average compensation at NYU Stern is 212,001st year”
Galloway: Spun-off PayPal is worth 15 times more than eBay
“PayPal used to be owned by eBay, and they spun it. It's now worth, I think, 15 times what eBay is worth.”
Galloway: Apple's market cap exceeds the entire UK stock market
“One company, Apple, is worth more than the entire UK stock market.”
Galloway: Prof G newsletter reaches 500,000 subscribers every Friday
“I have a newsletter that goes out to half a million people every Friday”
Galloway: RedEnvelope collapse wiped out my wealth in 11 days
“And my stock went from seven bucks this year to zero in about 11 days. And when the company had declared chapter 11 and I lost, you know, I lost pretty much everything.”
Galloway: Boomer-owned small businesses are desperate for transition liquidity events
“I think there are going to be a lot of businesses, whether it's carpet cleaning or gas stations or you know, hanging and selling draperies into small furniture companies that are owned by boomers. They're going to need a transition, nice small businesses, and …”