Oil Profits Surge
Saudi Aramco's record net income of $161 billion highlights the stark contrast in oil profits compared to Western companies. The discussion shifts to the implications of recent banking chaos, suggesting that some venture capitalists may benefit from instability, particularly in the web three space. As inflation slowly decreases, the focus for companies like Google and Meta turns to cost-cutting as a primary strategy for enhancing shareholder value.In this clip
From this podcast
The Prof G Pod with Scott Galloway
Prof G Markets: SVB’s Collapse, the U.S. Banking System, Venture Catastrophists, and What’s Next
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