Scott Galloway: The Great Tech Migration

February 4, 2016
An uber winner: Uber, whose net revenue nearly tripled last year. The firm has achieved its $65 billion valuation with only 4,000 employees – not counting the 1.1 million driver-partners instrumental to its growth. A loser: traditional advertising. Google and Facebook account for over half of mobile ad revenue, reinforcing the point that this is a winner-take-all sector. The big winners in the war for talent: once again, Facebook and Uber. Our research on migration patterns among the Gang of Four reveals that Uber performs remarkably well, with 14% of its staff migrating from the other four. However, Facebook wins in terms of retention. We take an exclusive look into Mark Zuckerberg’s closet to find out if style might be the company’s secret to success. Subscribe to L2 for more insights: http://www.l2inc.com/subscribe Episode 62
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