Chapter
The challenges of building a new social media platform
58:03 - 1:02:09 (04:05)
The challenges of building a new social media platform are discussed, including the optics issue of charging for user data, the importance of user autonomy, and the difficulty of obtaining capital without diluting ownership.
Clips
The challenges of turning social media platforms like Facebook or Instagram into subscription-based services include the cost of dilution, the need for capital, and consumer reluctance to trade a free service for a paid one.
58:03 - 1:01:08 (03:05)
Social Media
Summary
The challenges of turning social media platforms like Facebook or Instagram into subscription-based services include the cost of dilution, the need for capital, and consumer reluctance to trade a free service for a paid one.
ChapterThe challenges of building a new social media platform
EpisodeE19: Breaking down Robinhood's GameStop decision: Why did it happen and how can it be prevented in the future?
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The founders of companies take risks and create things, which is not the case with hedge funds.
1:01:08 - 1:02:09 (01:00)
Hedge Funds
Summary
The founders of companies take risks and create things, which is not the case with hedge funds. While hedge funds provide price discovery and liquidity, their position as the richest players in the game and their government bailouts raise questions about their societal value.