Scott Galloway: Growth Is the New Profitability

Loser: Profitability. Seeing Amazon's success, other companies now prioritize vision and growth over profits. Loser: Ad-supported TV as tech giants buy the streaming rights to live sports. Winner: Reviews, which have fundamentally changed the way we shop. One in four shoppers check Amazon reviews even when they're inside physical stores. With all the tragic news coming out of Syria, these are some things anyone can do to help. (0:17) Various Amazon, Inc. Filings, 1996–2016. (0:34) Amazon Plans $1.5 Billion Air Hub Near Cincinnati for Fleet https://bloom.bg/2jSO9Fi (0:34) Amazon is spending 'well-over' $3 billion a year on original TV and movies, says analyst http://read.bi/2nJyEDb (0:34) Amazon Plans $3 Billion India Investment http://on.wsj.com/2nJwlQc (0:44) “Uber”s $70 Bln Value Accrues Mainly to Customers,” Reuters, December 2016. http://reut.rs/2orwAN6 (0:44) “Snap Lost $514 Million Last Year and Warns That It ‘May Never Be Profitable,’” Business Insider, February 2017. http://read.bi/2jYFOfX (0:44) “WeWork Cuts Forecasts As Staff Told To Change ‘Spending Culture,’” Investor’s Business Daily, July 2016. https://bloom.bg/2iIRBTw (0:57) “The Future of Sports,” Barclays, February 2017. http://bit.ly/2pbawcd (1:03) “NFL and Amazon Reach One-Year Streaming Deal for About $50 Million,” The Wall Street Journal, April 2017. http://on.wsj.com/2nV9can (1:10) “Facebook Scores Major League Soccer Streaming Deal, Continuing Push Into Premium TV Content,” Variety, March 2017. http://bit.ly/2oDOzBW (1:15) “Facebook Is in Talks to Stream Major League Baseball Games,” Bloomberg, February 2017. https://bloom.bg/2lteZ66 (2:11) “Online Reviews,” Pew Research Center, December 2016. http://pewrsr.ch/2hOAX2X (2:16) “That Review You Wrote On Amazon? Priceless,” USA Today, March 2017. http://usat.ly/2pbtFeb (2:23) “Amazon Intelligence: Amazon Vine,” L2 Inc., December 2016. http://bit.ly/2ow5NRf Episode 120