Mike Krieger

you highlighted some good problems about the content, but the appealing part was we're not trying to solve the two-sided marketplace all at once. It turns out half that marketplace was already search-pilled and had its own problems, but at least there was the other side as well. The other piece, even within news, is really thinking about how do you eventually open this up?

I think Substack is pursuing this from a very different direction, but open this up so creators can actually be writing content and understanding distribution natively on the platform. I've I feel like every platform eventually wants to get to this as well.

I think Substack is pursuing this from a very different direction, but open this up so creators can actually be writing content and understanding distribution natively on the platform. I've I feel like every platform eventually wants to get to this as well.

I think Substack is pursuing this from a very different direction, but open this up so creators can actually be writing content and understanding distribution natively on the platform. I've I feel like every platform eventually wants to get to this as well.

When you watch the closest analogs in China like Toutiao, they started very much like crawl the web, have these eventual publisher deals, and now it is, I would guess, 80-90 percent first-party content. There's economic reasons why that's nice.

When you watch the closest analogs in China like Toutiao, they started very much like crawl the web, have these eventual publisher deals, and now it is, I would guess, 80-90 percent first-party content. There's economic reasons why that's nice.

When you watch the closest analogs in China like Toutiao, they started very much like crawl the web, have these eventual publisher deals, and now it is, I would guess, 80-90 percent first-party content. There's economic reasons why that's nice.

And some people make their living writing articles about local news stories on Totiao, including one of our engineers, I think a sister or close family member. But the other side of it is that content can just be so much more optimized for what you're doing.

And some people make their living writing articles about local news stories on Totiao, including one of our engineers, I think a sister or close family member. But the other side of it is that content can just be so much more optimized for what you're doing.

And some people make their living writing articles about local news stories on Totiao, including one of our engineers, I think a sister or close family member. But the other side of it is that content can just be so much more optimized for what you're doing.

Actually, at Code, I met an entrepreneur who was creating a new novel media experience that was very, if stories met news, met mobile, what would it be for most news stories? And I think for something like that to succeed, it also needs distribution that has that as the native distribution type.

Actually, at Code, I met an entrepreneur who was creating a new novel media experience that was very, if stories met news, met mobile, what would it be for most news stories? And I think for something like that to succeed, it also needs distribution that has that as the native distribution type.

Actually, at Code, I met an entrepreneur who was creating a new novel media experience that was very, if stories met news, met mobile, what would it be for most news stories? And I think for something like that to succeed, it also needs distribution that has that as the native distribution type.

So recommendation systems for everything, and then primarily recommendation-based first-party content writing platforms. The two ideas are like, oh, one day for somebody.

So recommendation systems for everything, and then primarily recommendation-based first-party content writing platforms. The two ideas are like, oh, one day for somebody.

So recommendation systems for everything, and then primarily recommendation-based first-party content writing platforms. The two ideas are like, oh, one day for somebody.

I think there were a few things that we wanted to align. Like, I think we'd worked in that space for long enough that whatever we did, we sort of wanted to kind of tie a bow around it and move on to whatever it was next. And so that was one piece. And the other piece was, like, I wanted to see the ideas live on in some way. So, like...

I think there were a few things that we wanted to align. Like, I think we'd worked in that space for long enough that whatever we did, we sort of wanted to kind of tie a bow around it and move on to whatever it was next. And so that was one piece. And the other piece was, like, I wanted to see the ideas live on in some way. So, like...

I think there were a few things that we wanted to align. Like, I think we'd worked in that space for long enough that whatever we did, we sort of wanted to kind of tie a bow around it and move on to whatever it was next. And so that was one piece. And the other piece was, like, I wanted to see the ideas live on in some way. So, like...

there was kind of a lot of conversations around like, well, like what would it become under like different conversations? And the Yahoo one was really interesting. And I would admit to being like pretty unaware of what they were doing beyond like, I was still using Yahoo Finance and like my fantasy football league. Um, but beyond that, it was like not familiar what they were doing.