Healthcare Texting Investment Failure

Scott Galloway shares a story about one of his worst investment failures.

"98.6, this amazing healthcare texting company - preventive care by text message. Costco, big companies signing up, $35 a month, anyone in the company can text them. I invested $5 million. It went to zero in eighteen months. I mean, I've never lost that much money that fast."

SG

Scott Galloway

Professor at NYU Stern School of Business, teaching brand strategy and digital marketing to MBA students. Entrepreneur who has founded multiple successful companies, including Red Envelope.

Co-host of the popular 'Pivot' podcast with Kara Swisher and host of 'The Prof G Pod with Scott Galloway'. Author of several books, including 'The Algebra of Wealth', and currently writing a book about masculinity.

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