Post Corona: From Crisis to Opportunity

Post Corona: From Crisis to Opportunity

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  • Type:Epub+TxT+PDF+Mobi
  • Create Date:2021-10-26 06:51:21
  • Update Date:2025-09-06
  • Status:finish
  • Author:Scott Galloway
  • ISBN:0552178217
  • Environment:PC/Android/iPhone/iPad/Kindle

Summary

THE NEW YORK TIMES BESTSELLER

Bestselling author of The Four and NYU Business School professor delivers an insightful, urgent analysis of who stands to win and who's at risk to lose in a post-pandemic world。

'Thought-provoking。。。 As good an analysis as you could wish to read。' FINANCIAL TIMES
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The Covid-19 outbreak has turned bedrooms into offices, pitted young against old and widened the gaps between rich and poor, red and blue, the mask-wearers and the mask-haters。 Some businesses, like Amazon and video conference software maker Zoom, woke up to find themselves crushed under an avalanche of consumer demand。 Others, like the restaurant, travel, hospitality and live entertainment industries, scrambled to not become instantly obsolete。 But the pandemic has not been a change agent so much as an accelerant of trends that were already well underway。

In Post Corona, Galloway outlines the contours of both crisis and opportunity that lie ahead。 While the powerful tech monopolies will thrive in the disruption other businesses, like higher education, will struggle to maintain a value proposition that no longer makes sense when we can't stand shoulder to shoulder。

Combining his signature humour and brash style with razor-sharp business insights, Galloway offers both warning and hope in equal measure。
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'Entertaining and informative。' THE ECONOMIST

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Reviews

Peter

An excellent read from someone with first hand experience。 I just hope the recommendations made are implimented as America will have more problems than it can solve。 The principles of competition in a capitalist society work well when all the costs are taken in to account to reflect the true cost of the products or services。 This has to be looked at in relation to Covid or a similar disease and the climate。

WAYNE DIAMOND

I think this book is really a compilation of powerpoint slides from his course that he teaches at NYU。 A lot of bullet points with embellished narrative。 Good information related to the business world change in relation to which companies will survive post covid 19 and AI and Zoom and Amazon, Google, and Twitter, and of Course Apple。

Ben

As usual an entertaining and contrarian view from the Prof

Hans Hoffmann

Prof Galloway is a entertaining writer as well as YouTube Celeb。 This book covers the opportunities brought forth by the pandemic。 The first part of the book really covers the tech winners and potential winners。 Galloway does not hold punches noting that while America has suffered big tech has thrived during the pandemic, both financially and in their immense market valuations。 The latter part I thought was great as he tackled the pending disruption to healthcare and education。 He is very critic Prof Galloway is a entertaining writer as well as YouTube Celeb。 This book covers the opportunities brought forth by the pandemic。 The first part of the book really covers the tech winners and potential winners。 Galloway does not hold punches noting that while America has suffered big tech has thrived during the pandemic, both financially and in their immense market valuations。 The latter part I thought was great as he tackled the pending disruption to healthcare and education。 He is very critical on what has happened in higher education as costs have soared creating a caste system of education。 You can get a great education as long as you are born into whiteness and wealth。 In the last chapter he tackles the commonwealth。 We have used free markets to do great things。 We have stirred innovation, created wealth, but it has not come without a cost as we have created the social divide we see today。 He is opinionated but he is a good enough to writer to pull it off。 Good Book 。。。more

Vu Phong

2,75/5*

Louise

Entrepreneur and professor Scott Galloway shows how Covid accelerated already existing trends in e-commerce, working from home, online education, online medical consultation, food delivery, the gig economy, etc。 The acceleration of these trends has brought both loss and opportunity。In this new landscape, consumers seeking more product information are not relying on brands, which have been a huge corporate investment and mindset。 Companies such as Uber and AirBNB have shifted the capital and main Entrepreneur and professor Scott Galloway shows how Covid accelerated already existing trends in e-commerce, working from home, online education, online medical consultation, food delivery, the gig economy, etc。 The acceleration of these trends has brought both loss and opportunity。In this new landscape, consumers seeking more product information are not relying on brands, which have been a huge corporate investment and mindset。 Companies such as Uber and AirBNB have shifted the capital and maintenance costs to their providers。 “Big tech” (pp。 40-21) has been the ultimate beneficiary of Covid with Amazon, Apple, Facebook, Google and Microsoft, Netflix accounting for 21% of the value of all publicaly traded US companies。 After setting the stage with trends and data, Galloway talks about opportunity。 The herd of companies has been “culled” of those that did not meet consumer needs, did not recognize the need to be digital, or carried big debt loads。 This created opportunity for start up companies that can meet consumer needs without big debt and baggage。 Those that benefited from Covid have a lot of cash for such investments。 There are incisive observations on health care and (especially) education which have expensive infrastructures。 Universities boasting of high rejection rates often have huge endowments through which they could expand to serve more students。 Less endowed schools can expand by better use of technology。 Health care suffers from administrative and insurance issues。 Other industries when they have cash, invest in acquiring more “customers”。 Because these industries deny potential "customers" and/or don't use technology to its potential, Galloway sees them as ripe for the Uber/AirBNB treatment for upstarts。 He notes some current innovations that have potential。Galloway concludes on a personal note, showing the impairment of poverty and how the public infrastructure was key to his success。 It was refreshing to hear this from someone who sold one of his start ups for over $120 million。 This is short and pithy。 There is information and informed observation on every page on how this new economy works and will work in the coming years, concluding with his biography which carries the caveat that government is a necessary partner and resource in the economy。 。。。more

Kevin

Good book。 Interesting perspectives。 Bonus points for reviving "gangster" as an adjective from the 1990s。 Good book。 Interesting perspectives。 Bonus points for reviving "gangster" as an adjective from the 1990s。 。。。more

Kenneth

The author’s writing style is just engaging enough to prevent this from being a total snooze fest。 The insights and analysis are stale and not especially revelatory。 After all the unit of measure we can depend on is change。

Daniel Noventa

Level headed economic insights on how the pandemic had affected our society and tangible advice for a more equitable and scalable economy。

Jacob

Call to ActionThis book is a good read for anyone in need of a call to action in response to the pandemic。

sejongyoo

This review has been hidden because it contains spoilers。 To view it, click here。 The world shut down。 I have never experienced this pandemic disease before。 I tell myself "This too shall pass"。"Nothing can happen for decades, and then decades can happen in weeks"。Everything changes。 COVID-19 makes the strong gets stronger, while the weak are not merely falling behind, but being slaughtered。The four (Amazon, Apple, Facebook, and Google) now have an unprecedented advantage。With their low cost of capital, monopoly power, and bulk, they are herding every business toward tech。 Th The world shut down。 I have never experienced this pandemic disease before。 I tell myself "This too shall pass"。"Nothing can happen for decades, and then decades can happen in weeks"。Everything changes。 COVID-19 makes the strong gets stronger, while the weak are not merely falling behind, but being slaughtered。The four (Amazon, Apple, Facebook, and Google) now have an unprecedented advantage。With their low cost of capital, monopoly power, and bulk, they are herding every business toward tech。 Their power and potential for exploitation delves deeper into our lives and society。Once they get the monopoly power, then they turn their attention from innovation toward exploitation。 Defending a market is far easier than creating a new one。They becomes "too big to fail"。 The upside is privatized and the downside socialized。All the fixed costs are shouldered by individuals while the big techs share the profit without any risk。Inequality it not in itself immoral, but persistent inequality is。The dramatic skew in the distribution of wealth exacerbated by COVID-19 poses serious threat to our society。The pure capitalism mentality - get your own first, and put yourself in a position to help others is not enough。 What we needed is generosity, grit, innovation, and a willingness to sacrifice for others and future generation。 。。。more

DoGG

While the pandemic will initiate some changes and alter the direction of some trends, the pandemic’s primary effect has been to accelerate dynamics already present in society, particularly moving more of our lives and businesses online/remote and dominant (tech) businesses becoming more dominant。 Big tech companies no longer provide tech to the business - they become the business itself and outcompete their analog competitors。 They are built from the ground up to be online and data driven, with While the pandemic will initiate some changes and alter the direction of some trends, the pandemic’s primary effect has been to accelerate dynamics already present in society, particularly moving more of our lives and businesses online/remote and dominant (tech) businesses becoming more dominant。 Big tech companies no longer provide tech to the business - they become the business itself and outcompete their analog competitors。 They are built from the ground up to be online and data driven, with the better technology (online relationships, algorithms, and data) being a better way to run the business。 Today five tech companies (Amazon, Apple, Facebook, Google and Microsoft) make up 21% of the value of all publicly traded US companies。 “It’s big tech’s world。 We just live in it。”In any crisis there is opportunity; the greater and more disruptive the crisis, the greater the opportunities。 The biggest opportunities will be in areas where the pandemic is accelerating change, and in industries where prices have risen faster than inflation without an equivalent increase in innovation。 Many disruptors are using a capital-driven growth strategy where they buy market share by selling at a loss while raising subsequent rounds of capital, at increasing valuations, due to growth that was fueled by cheap capital that allows them to stay on this money-losing merry-go-round longer before going public。 。。。more

Richfield Branch

If bare minimum, read Commonwealth Chapter

Holdon Son

This guy is to me what Yuval Noah Harari is to others。 Just nonstop insight。 Should look into Google Coursera stuff。。。

Jordan

This book is an interesting read。 It was fascinating to get the perspective of a professor at NYU on the economic impact of the coronovirus。 Scott Galloway is able to effectively communicate with younger audiences without making them cringe。 Galloway's prediction is logically thought out but has come to the wrong conclusion (as I write this almost a year after he wrote it)。 Galloway also makes some claims without providing explanations。 For example, he claims that free college is bad for the eco This book is an interesting read。 It was fascinating to get the perspective of a professor at NYU on the economic impact of the coronovirus。 Scott Galloway is able to effectively communicate with younger audiences without making them cringe。 Galloway's prediction is logically thought out but has come to the wrong conclusion (as I write this almost a year after he wrote it)。 Galloway also makes some claims without providing explanations。 For example, he claims that free college is bad for the economy and gives the readers no reason for his view。 The was a great book and has its flaws as all books do but it is definitely worth the read。 。。。more

Fatma Sajwani

Amazing read ! encouraged me to re-think about many aspects of life esp in the tech field

Jerry Young

Very mid tier book from Professor Galloway。 I have read a few of his books already and I cannot entertain his sarcastic elitist tone in his writings。 There are many good points in this book such as the future educational pathway, and the dangers of the big 4 of tech。 But many other predictions are rooted in political ideologies/ beliefs that cannot be taken as fact。 Rather they should be taken as pure opinion with speculation。

Tom Walsh

A terrific mixture of Metrics and Common Sense well expressed。Even though this book was written before the Pandemic’s Delta-18 Fourth Wave, Galloway’s easy too understand, data-driven conclusions provide excellent food for thought in these challenging times。 While I couldn’t see his charts and graphs, I could accept most of his analyses that have been validated by the Evening News。 His understanding of the rationales for the disruptions we’ve seen in Retailing, Higher Education and other institu A terrific mixture of Metrics and Common Sense well expressed。Even though this book was written before the Pandemic’s Delta-18 Fourth Wave, Galloway’s easy too understand, data-driven conclusions provide excellent food for thought in these challenging times。 While I couldn’t see his charts and graphs, I could accept most of his analyses that have been validated by the Evening News。 His understanding of the rationales for the disruptions we’ve seen in Retailing, Higher Education and other institutions speaks for itself。Though packed with data, Galloway’s breezy style makes this an easy and quick read on an important topic。 Highly recommended。 Five Stars。 。。。more

Peter P。

I've read and thoroughly enjoyed Galloway's previous books, The Four and The Algebra of Happiness, but this one - despite its topical title - felt like I'd read it before。 The insidious nature of the Four, as Galloway refers to Google, Apple, Facebook and Amazon is takes up lots of print and The Four is a better read to understand Galloway's perspective。 The book (seemingly written in the first summer of Covid) does touch on some of the impacts of the virus, such as the effects of working from h I've read and thoroughly enjoyed Galloway's previous books, The Four and The Algebra of Happiness, but this one - despite its topical title - felt like I'd read it before。 The insidious nature of the Four, as Galloway refers to Google, Apple, Facebook and Amazon is takes up lots of print and The Four is a better read to understand Galloway's perspective。 The book (seemingly written in the first summer of Covid) does touch on some of the impacts of the virus, such as the effects of working from home, and Covid as an accelerator of what was already happening (shitty companies become more shitty faster) in business, and not a hard left turn。 If you haven't read Galloway, this is a decent read。 If you've read him, there's not much new in here。 。。。more

Lisa

This book beautifully outlines the failures, opportunities and disruptions that are the result of Coronavirus。 While you might expect it to be negative, it is the opposite。 I found it grounding, even hopeful。 And I really appreciated the knowledge I gained。 I can now begin to see the forest for the trees。

Xandra

Strategy book club 1。 Read pieces while eating sushi looking out the window of my tower, childhood bedroom。

Nghiem

This review has been hidden because it contains spoilers。 To view it, click here。 Đọc xong có thêm góc nhìn mới mẻ về cơ hội thách thức, sự phân hóa nhanh hơn của xã hội vì Corona。Tình hình đọc quyền của bộ tứ Apple, Amazon, Facebook, Google。 Một số thay đổi mãi mãi về tình hình làm việc tại nhà, tạo ra 1 số cơ hội mới cho những ai biết nắm bắt。 Giáo dục đại học ở Mỹ thực trạng hiện nay như thế nào。 Một số thống kê khá hay về các thông tin ở MỸ。Riêng khía cạnh chính trị xã hội thì tui ko thấm lắm。

Ryan

Engaging to read。 Interesting analysis。 Chapter 5 should be required reading for all citizens, whether citizens of the United States (for which it was written), or of any other nation。 The book redeemed capitalism by revealing the current economic system in the U。S。 is detrimental to capitalism。

Michael Duyvesteijn

I think I will need to relisten the audiobook to truly distill the main takeaway。 Scott Galloway is provocative in his thinking, yet also ranting (sometimes ironically, judging by his voice)。

Caroline Turner

Galloway strikes again! Although a lot of the companies he reviews he seems to also invest in。 Quick, fun, honest read with food for thought。

Lynntrovert

This was exactly the book I was looking for; specifically aimed at the acceleration the big 4 have experienced since the Covid-19 pandemic。 This would be the ideal 2nd book in a trilogy: 1。 The Age of Surveillance Capitalism2。 Post Corona: From Crisis to Opportunity3。 Ten Lessons for a Post-Pandemic WorldThe 2nd paragraph of the description is completely accurate to what this book delivers:"But as Scott Galloway argues, the pandemic has not been a change agent so much as an accelerant of trends This was exactly the book I was looking for; specifically aimed at the acceleration the big 4 have experienced since the Covid-19 pandemic。 This would be the ideal 2nd book in a trilogy: 1。 The Age of Surveillance Capitalism2。 Post Corona: From Crisis to Opportunity3。 Ten Lessons for a Post-Pandemic WorldThe 2nd paragraph of the description is completely accurate to what this book delivers:"But as Scott Galloway argues, the pandemic has not been a change agent so much as an accelerant of trends already well underway。 In Post Corona, he outlines the contours of the crisis and the opportunities that lie ahead。 Some businesses, like the powerful tech monopolies, will thrive as a result of the disruption。 Other industries, like higher education, will struggle to maintain a value proposition that no longer makes sense when we can't stand shoulder to shoulder。 And the pandemic has accelerated deeper trends in government and society, exposing a widening gap between our vision of America as a land of opportunity, and the troubling realities of our declining wellbeing。" 。。。more

Steve Michel

Pretty forward looking and interesting perspectiveLove hearing what he has to say on the future of education and on monopolies。 Great read when he is not overly preachy about privilege, but those parts are easy enough to skip over。

Will G

You know it's over the top when NYU business professors are calling out monopolies。 You know it's over the top when NYU business professors are calling out monopolies。 。。。more

Alli Tripp

I listened too the audio book read by the author on libero。fm Very insightful on market impact of the pandemic, changes that will be here to stay and why。。 From education too big tech to bankruptcies to those who thrived。。 The why's and why not analysis is excellent。 It was much more about how societies change than I expected and a huge assessment on how we can improve and even use the required changes this tragedy ensued upon the world to do better。。 To use these unexpected changes and 10x fold I listened too the audio book read by the author on libero。fm Very insightful on market impact of the pandemic, changes that will be here to stay and why。。 From education too big tech to bankruptcies to those who thrived。。 The why's and why not analysis is excellent。 It was much more about how societies change than I expected and a huge assessment on how we can improve and even use the required changes this tragedy ensued upon the world to do better。。 To use these unexpected changes and 10x fold expedited timeline on changes as a lever on previously unmovable rocks like big tech, education, environment impacts ( like those of travel and specifically of airflight and that business) gobs on the new marketing and business models to come。。。I might've sped up some of the audio book there。。 But I must say I learned quite a bit from this assessment and I think it's fairly accurate in it's predictions and cause and effect modeling proposal from the pandemic impacts。 Very business oriented at start it expanded too education and society by the end 。。。more

Tresa Casaletto

Some bold insights into business, education and the government, also a lot of the author plugging his past accomplishments。 Since the book was written and published around August 2020, the author hits some topics on the head, and missing grandly on others。