Office Hours: Investing in the Private Markets, Going Vertical, Pursuing a Phd, and Building a Network

Investment Shift

Scott Galloway shares his rationale for transitioning from public to private market investments, emphasizing the personal and strategic benefits. He finds the public markets stressful due to constant monitoring and prefers the more engaging nature of private investments, where he can interact directly with CEOs and offer advice 1. Scott also highlights the appeal of smaller companies, noting that they offer substantial equity opportunities and a sense of personal investment in their success 2.

It's like parenting. When a company does well, it's the most rewarding thing in the world. And when it doesn't do well, it's the most devastating thing other than, obviously, your kids.

--- Scott Galloway

He aims to reduce his screen time and set a better example for his children, who also struggle with device addiction 2.

   

Investor Alternatives

For those without direct access to private markets, Scott suggests exploring alternative investment avenues. He mentions publicly traded venture capital firms as a viable option, allowing retail investors to indirectly participate in private markets despite intermediary fees 1. Additionally, Scott advises young professionals to consider working for smaller companies, which can offer valuable equity and growth opportunities.

There are ways to play the private market, even for a retail investor, so you're not totally shut out.

--- Scott Galloway

This approach not only provides financial benefits but also fosters a deeper connection with the company's success 1.