Episode
#69 - Paid News, Burning Money & Solving Climate Change
48:36
Published: Sat Apr 25 2020
Description
Today's ep is possible because of Superside! Head to superside.com to hire a dedicated team of designers! Sam (@thesamparr) and Shaan (@shaanvp) are back to talk about Burning money (0:36), Asia monetizing podcasts way better / paid news (3:23), Drudge report getting 1.1 billion visits a month?! (11:28), Neil Patel and where most enterprise revenue coming from maintenance (20:59), Book a YC team (29:17), Remote.com raising $11M seed (33:19), Attrition projection/modelling (37:52) and Yishan Wong solving climate change (41:08). See acast.com/privacy for privacy and opt-out information.
Chapters
Sam Parr discusses how to choose the modern CRM for your business with a balanced approach.
00:00 - 01:28 (01:28)
Summary
Sam Parr discusses how to choose the modern CRM for your business with a balanced approach.
Episode#69 - Paid News, Burning Money & Solving Climate Change
PodcastMy First Million
The podcast discusses the idea of letting go of the attachment to money with the example of burning $1,000 as a symbolic gesture, and how money and trains are similar in that they both have a common waitlist.
01:28 - 03:34 (02:06)
Summary
The podcast discusses the idea of letting go of the attachment to money with the example of burning $1,000 as a symbolic gesture, and how money and trains are similar in that they both have a common waitlist.
Episode#69 - Paid News, Burning Money & Solving Climate Change
PodcastMy First Million
The way podcasts are monetized in China is significantly different from the U.S, with subscriptions being the primary source of revenue for podcasters.
03:34 - 07:14 (03:39)
Summary
The way podcasts are monetized in China is significantly different from the U.S, with subscriptions being the primary source of revenue for podcasters. Meanwhile, in the U.S, podcasts rely more heavily on advertising for revenue.
Episode#69 - Paid News, Burning Money & Solving Climate Change
PodcastMy First Million
The host discusses the psychology behind people paying for free content and the appeal of live streaming, highlighting the idea that people are willing to pay for a slightly different packaged product.
07:14 - 12:07 (04:52)
Summary
The host discusses the psychology behind people paying for free content and the appeal of live streaming, highlighting the idea that people are willing to pay for a slightly different packaged product.
Episode#69 - Paid News, Burning Money & Solving Climate Change
PodcastMy First Million
The Drudge Report is a biased, right-winged website that uses a third-party direct seller, in addition to Google and AdSense, to sell ads on their site.
12:07 - 16:46 (04:38)
Summary
The Drudge Report is a biased, right-winged website that uses a third-party direct seller, in addition to Google and AdSense, to sell ads on their site.
Episode#69 - Paid News, Burning Money & Solving Climate Change
PodcastMy First Million
Two Tia is a very big news app with 20 million DAU and has caused some friends to experience high traffic and eventually cancel their site.
16:46 - 19:18 (02:32)
Summary
Two Tia is a very big news app with 20 million DAU and has caused some friends to experience high traffic and eventually cancel their site.
Episode#69 - Paid News, Burning Money & Solving Climate Change
PodcastMy First Million
With high demand for news, news apps in America are significantly under monetized.
19:18 - 22:23 (03:05)
Summary
With high demand for news, news apps in America are significantly under monetized. The conversation explores a particular four letter domain news site that Trump promotes, which experienced significant growth before Facebook and Twitter changed their algorithms.
Episode#69 - Paid News, Burning Money & Solving Climate Change
PodcastMy First Million
Many software companies are finding that adding a layer of service and maintenance to their relatively inexpensive software is proving to be a successful business model.
22:24 - 25:48 (03:23)
Summary
Many software companies are finding that adding a layer of service and maintenance to their relatively inexpensive software is proving to be a successful business model. For example, Atlassian, a large company, generates half of its revenue from maintenance and service fees.
Episode#69 - Paid News, Burning Money & Solving Climate Change
PodcastMy First Million
The host discusses a venture capitalist who just made the Midas List and who tweets out summaries about enterprise companies and their growth strategies, where he highlights how they make money, how fast they're growing and other important details.
25:48 - 28:42 (02:53)
Summary
The host discusses a venture capitalist who just made the Midas List and who tweets out summaries about enterprise companies and their growth strategies, where he highlights how they make money, how fast they're growing and other important details.
Episode#69 - Paid News, Burning Money & Solving Climate Change
PodcastMy First Million
The speaker proposes a new product idea that involves hiring a product and engineer from YC, who are experienced two founders, to help in building a product as a two-man demolition crew for some period of time for a price.
28:42 - 31:13 (02:31)
Summary
The speaker proposes a new product idea that involves hiring a product and engineer from YC, who are experienced two founders, to help in building a product as a two-man demolition crew for some period of time for a price.
Episode#69 - Paid News, Burning Money & Solving Climate Change
PodcastMy First Million
The speaker discusses the difficulties in hiring across state lines and the minimum buy-in valuation for their customers.
31:13 - 36:45 (05:31)
Summary
The speaker discusses the difficulties in hiring across state lines and the minimum buy-in valuation for their customers. They also touch on the suspended law that previously prohibited the shipment of medicine across state lines and its impact on prescribing practices.
Episode#69 - Paid News, Burning Money & Solving Climate Change
PodcastMy First Million
The speaker discusses the challenges of managing headcount in a large corporation and makes a joke about a man's appearance resembling a nuclear arms dealer.
36:46 - 38:56 (02:10)
Summary
The speaker discusses the challenges of managing headcount in a large corporation and makes a joke about a man's appearance resembling a nuclear arms dealer. He also introduces an idea he believes to be boring.
Episode#69 - Paid News, Burning Money & Solving Climate Change
PodcastMy First Million
AI algorithms can help businesses predict employee attrition rates, identifying which employees are likely to leave with a 95% level of certainty, making it easier for HR to address issues and make informed decisions about workforce planning.
38:56 - 42:11 (03:14)
Summary
AI algorithms can help businesses predict employee attrition rates, identifying which employees are likely to leave with a 95% level of certainty, making it easier for HR to address issues and make informed decisions about workforce planning.
Episode#69 - Paid News, Burning Money & Solving Climate Change
PodcastMy First Million
A discussion about a billionaire's mission to dedicate a portion of the global GDP to solving climate change and if he is able to do this because of his wealth.
42:11 - 46:08 (03:56)
Summary
A discussion about a billionaire's mission to dedicate a portion of the global GDP to solving climate change and if he is able to do this because of his wealth.
Episode#69 - Paid News, Burning Money & Solving Climate Change
PodcastMy First Million
The speaker suggests a hypothetical service that would allow individuals to rent access to a disaster scenario in the future, referencing potential events such as a nuclear bomb or climate change crisis.
46:08 - 48:46 (02:37)
Summary
The speaker suggests a hypothetical service that would allow individuals to rent access to a disaster scenario in the future, referencing potential events such as a nuclear bomb or climate change crisis.