Scott Galloway says big government is actually a good thing-and he's a product of it: 'Taking bets on unremarkable people pays off' | Fortune
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Scott Galloway says big government is actually a good thing-and he's a product of it: 'Taking bets on unremarkable people pays off' | Fortune
"UCLA had a 74% admissions rate. When I applied, I was one of the 26% that didn't get in,"
"It literally inspired this upward spiral for me,"
"So, I'm a product of big government. Everyone likes to s-tpost the government. California taxpayers and the regents of the University of California saved my ass."
"This is a flex, but I'm going to make it. Three years ago, I gave $12 million back to UCLA,"
Scott Galloway attributes his success to public institutions and state support. He entered UCLA after an initial rejection despite a 3.1 GPA and an 1130 SAT, winning admission after an appeal and meeting an admissions officer. Attendance at UCLA led to work at Morgan Stanley, an MBA from UC Berkeley, the founding of L2, and a 2017 sale of L2 to Gartner for $155 million. He later donated $12 million back to UCLA. He characterizes himself as a product of big government and argues that investing in ordinary applicants can produce large societal and economic returns.
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