Matt Levine
speaker
3,472 appearances
9 recordings
1 series
first heard Jun 2026
last heard 6d ago
Matt Levine’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 9 in all, peaking in Jul 2026 with 5.
Appearances
What we're doing is not a second price auction, right?
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It's like, sure, it's a second price auction with a soft reserve price, but like
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We don't even know the soft reserve price until after that.
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But also they're like, you know, it's not actually uh second price auction.
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We're not actually
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auctioning ad spots to the highest bidder and making them pay the second price.
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We're actually choosing the ad spots in part based on who the highest bidder is, but in part on relevance.
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Right.
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So like when you search for like toilet paper, Emily wants to show you like sponsored products that are toilet paper.
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They don't want to show you sponsored products that are like cars, right?
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Even though that might have a higher margin and might be willing to pay more.
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you know, we started this
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I think it's like they have like a slider that's like how much should we care about price and how much should we care about relevance?
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And then they moved the slider to like figure out what's best for like their overall business.
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Right.
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And so like they're not running
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auction.
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Right.
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They're just doing stuff that optimizes like their own experience on like a million different variables.
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Showing 841–860 of 3,472 · page 43 of 174
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