Prof G Markets · Monday, September 28, 2026
The era of investors blindly accepting inflated valuations for AI companies is over, according to Scott Galloway. He highlights that public market valuations are more realistic than private ones, and bankers are struggling to find buyers for speculative AI ventures like SB Energy, indicating a shift towards demanding actual progress over mere potential.
“And when the bankers can't find a book, it means the smart money has stopped buying the story and, you know, wants to see actual progress.”
“Private markets lie and public markets don't. Private markets can have stupid marks. Public markets have granular marks.”
“But I think probably what he's realized is we're in an era where investors are actually discerning at this point. They're not just going to gobble up your BS, no matter what.”