Hosted by Scott Kitun, Money Issues dives into the strategies and stories behind modern capital formation and how today’s operators fund growth, stay liquid, and keep control.
All content for Money Issues is the property of Scott Kitun and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Hosted by Scott Kitun, Money Issues dives into the strategies and stories behind modern capital formation and how today’s operators fund growth, stay liquid, and keep control.
Surviving The Grift Economy with Pop Culture Journo John McDermott
Money Issues
48 minutes 56 seconds
7 months ago
Surviving The Grift Economy with Pop Culture Journo John McDermott
Scott sits down with longtime friend, journalist, and cultural critic John McDermott for a no-holds-barred conversation on the rise of the grift economy. John and Scott re-trace the evolution of modern hustle culture to unpack the cult of tech founders, the blurred lines between personal branding and deception, and why irrational self-confidence is both a feature and a bug of startup life. Along the way, the duo riff on everything from J.R. Smith’s delusional greatness to Mark Zuckerberg's masculinity arc, fake wellness routines, and the eerie emergence of AI-driven misinformation.
John shares what it was like to go toe-to-toe with Jay Shetty, the media’s retreat from accountability, and how we're all becoming lone agents in a broken information ecosystem. It’s a sharp, funny, and sobering look at an era where everything is a grift—and everyone’s a brand.
What You’ll Learn:
-- Why the “rise and grind” founder archetype is built on delusion
-- How fake personas thrive in a media landscape with no referees
-- Why we’re only at the beginning of the grift era—and how AI will amplify it
-- What snake oil salesmen of the 1900s can teach us about today’s digital hucksters
Support the show (and your wallet) by creating a free account at Kingscrowd.com
Follow John McDermott on Twitter @McDermott
Follow Scott on IG/Twitter @Kitun
Money Issues
Hosted by Scott Kitun, Money Issues dives into the strategies and stories behind modern capital formation and how today’s operators fund growth, stay liquid, and keep control.