Office Hours Podcast: How Is It That Tech Markets Are Booming While The Economy Reels?

Spencer Rascoff

Spencer Rascoff serves as executive chairman of dot.LA. He is an entrepreneur and company leader who co-founded Zillow, Hotwire, dot.LA, Pacaso and Supernova, and who served as Zillow's CEO for a decade. During Spencer's time as CEO, Zillow won dozens of "best places to work" awards as it grew to over 4,500 employees, $3 billion in revenue, and $10 billion in market capitalization. Prior to Zillow, Spencer co-founded and was VP Corporate Development of Hotwire, which was sold to Expedia for $685 million in 2003. Through his startup studio and venture capital firm, 75 & Sunny, Spencer is an active angel investor in over 100 companies and is incubating several more.

Office Hours Podcast: How Is It That Tech Markets Are Booming While The Economy Reels?
Photo by Alec Favale on Unsplash

With so many people out of work, how is it the stock market is soaring?

To help make sense of it all, have a listen to my Office Hours podcast where I speak with John Scuorzo and Zaheed Kajani, both senior managing directors at Evercore, a global independent investment banking advisory firm.


We'll dive deep into the factors contributing to Wall Street's optimism, like, the enormous stimulus coming from governments, low interest rates, international investment and optimism for what cutbacks and introduction of new technology will mean for many companies' future profits.

This is an edited version of a webinar that took place on June 23, 2020.

Want more? Subscribe to Office Hours on Stitcher, Apple Podcasts, Spotify iHeart Radio or wherever you get your podcasts.

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