Scott answers a question about platforms like Decentraland and Sandbox, where users can buy and sell virtual land as NFTs. He then shares his thoughts on how to address the negative externalities of scaling industries, offers advice on how to balance work and relationships, and reflects on his dos and don’ts of parenthood.

For our final episode of the year, we hear Scott read an excerpt from his National Bestseller, “The Algebra of Happiness.” He shares stories of his family, overcoming his imposter syndrome, and finding his voice.

Audio excerpted courtesy Penguin Random House Audio from THE ALGEBRA OF HAPPINESS by Scott Galloway, read by Scott Galloway.

Ryan Breslow, the founder and CEO of Bolt — a technology company that has raised more than $600 million and 18x’d its valuation in 18 months, joins Scott to discuss scaling the company, fundraising, and his approach to company culture. Follow Ryan on Twitter, @theryanking.

Scott answers a question on how Apple could differentiate from Tesla and Rivian with its Apple Car, and predicts what it will mean for the company’s valuation. He then shares his thoughts on the University of Austin’s controversial launch and offers advice on how much time you should spend managing your investment portfolio.

Ronan Levy, the co-founder and executive chairman of Field Trip Health, joins Scott to discuss the state of play in the legalized psychedelics space. He also answers listener questions on the possible negative externalities of the industry under capitalism, the long-term growth potential of these companies, and how to hold on to feelings of wonder after a psychedelic experience is over. Follow Ronan on Twitter, @RonanDLevy.

Scott answers a question on how Rivian priced its shares for the biggest IPO of the year. He then offers his thoughts on the future of the apparel industry and gives advice to someone who no longer sees the point in working for an ad agency.

Scott answers a question on Peloton’s recent collapse in value and explains why it’s the perfect opportunity for Nike or Apple to acquire the company. He then shares why he likes to invest in the picks-and-shovels of booming industries and offers advice on geographically diversifying your portfolio.

Scott answers a question on verticalization within the grocery delivery market and explains why there’s power in controlling access to the consumer. He also offers advice to a start-up founder on when to add more members to a board of directors, and why business school is still worth it, even if you just want to work for yourself.

Scott answers a question about companies that buy up small third-party sellers on Amazon’s marketplace. He then explains why he thinks businesses should take money out of marketing and put it into the product itself. Scott also discusses the importance of analyzing data, and shares why he believes greatness is in the agency of others.

Scott answers a question about Volvo’s subscription service and offers a prediction for where the auto industry is headed. He then explains how ‘buy now, pay later’ services deceive customers into debt, and gives advice for how to approach leaving your company. Scott also discusses the factors to consider when investing in pre-seed companies, and how to make smart money decisions with your partner.

Music: https://www.davidcuttermusic.com / @dcuttermusic