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Mikey Shulman

๐Ÿ‘ค Speaker
471 total appearances

Appearances Over Time

Podcast Appearances

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of Foundation Models | The Future of AI Consumer Apps and Why OpenAI Did a Disservice to Them | The Future of Music: Spotify vs YouTube & Spotify vs TikTok: What Happens with Mikey Shulman @ Suno

Sure, you can come up with edge cases where, like, I have to sacrifice, you know, I have to do the Intel thing. I have to sacrifice all my revenues for this next opportunity. But absent that, the revenues growing is a sign that people are experiencing something that they want to pay for. And that is a good thing. And we shouldn't be ignoring that.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of Foundation Models | The Future of AI Consumer Apps and Why OpenAI Did a Disservice to Them | The Future of Music: Spotify vs YouTube & Spotify vs TikTok: What Happens with Mikey Shulman @ Suno

Sure, you can come up with edge cases where, like, I have to sacrifice, you know, I have to do the Intel thing. I have to sacrifice all my revenues for this next opportunity. But absent that, the revenues growing is a sign that people are experiencing something that they want to pay for. And that is a good thing. And we shouldn't be ignoring that.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of Foundation Models | The Future of AI Consumer Apps and Why OpenAI Did a Disservice to Them | The Future of Music: Spotify vs YouTube & Spotify vs TikTok: What Happens with Mikey Shulman @ Suno

No, because we've always prioritized growth on top of revenues. You know, this is like good people have the capacity to keep both things in their head. Yes, we want to grow, but we also don't want to sacrifice revenues. And if you hold my feet to the fire, maybe I can give you a quantitative number of I care about growth twice as much as I care about revenues.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of Foundation Models | The Future of AI Consumer Apps and Why OpenAI Did a Disservice to Them | The Future of Music: Spotify vs YouTube & Spotify vs TikTok: What Happens with Mikey Shulman @ Suno

No, because we've always prioritized growth on top of revenues. You know, this is like good people have the capacity to keep both things in their head. Yes, we want to grow, but we also don't want to sacrifice revenues. And if you hold my feet to the fire, maybe I can give you a quantitative number of I care about growth twice as much as I care about revenues.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of Foundation Models | The Future of AI Consumer Apps and Why OpenAI Did a Disservice to Them | The Future of Music: Spotify vs YouTube & Spotify vs TikTok: What Happens with Mikey Shulman @ Suno

No, because we've always prioritized growth on top of revenues. You know, this is like good people have the capacity to keep both things in their head. Yes, we want to grow, but we also don't want to sacrifice revenues. And if you hold my feet to the fire, maybe I can give you a quantitative number of I care about growth twice as much as I care about revenues.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of Foundation Models | The Future of AI Consumer Apps and Why OpenAI Did a Disservice to Them | The Future of Music: Spotify vs YouTube & Spotify vs TikTok: What Happens with Mikey Shulman @ Suno

But like where we are now in our journey, we are not really making tradeoffs yet. You know, we've reached a tiny fraction of the addressable audience for the product as it is today. We are building much more product with way more valuable and fun experiences that will reach an even bigger audience. So like, if I am making trade-offs now, I'm doing something wrong.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of Foundation Models | The Future of AI Consumer Apps and Why OpenAI Did a Disservice to Them | The Future of Music: Spotify vs YouTube & Spotify vs TikTok: What Happens with Mikey Shulman @ Suno

But like where we are now in our journey, we are not really making tradeoffs yet. You know, we've reached a tiny fraction of the addressable audience for the product as it is today. We are building much more product with way more valuable and fun experiences that will reach an even bigger audience. So like, if I am making trade-offs now, I'm doing something wrong.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of Foundation Models | The Future of AI Consumer Apps and Why OpenAI Did a Disservice to Them | The Future of Music: Spotify vs YouTube & Spotify vs TikTok: What Happens with Mikey Shulman @ Suno

But like where we are now in our journey, we are not really making tradeoffs yet. You know, we've reached a tiny fraction of the addressable audience for the product as it is today. We are building much more product with way more valuable and fun experiences that will reach an even bigger audience. So like, if I am making trade-offs now, I'm doing something wrong.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of Foundation Models | The Future of AI Consumer Apps and Why OpenAI Did a Disservice to Them | The Future of Music: Spotify vs YouTube & Spotify vs TikTok: What Happens with Mikey Shulman @ Suno

There's a bit of that, I think, where SoundCloud goes wrong. I mean, there's two things. Like one is, it's still hard to make music. You're kind of limited there and it's still kind of, there's the creators and there's the consumers and they don't really mix. And so that's a bit unfortunate. Music by itself is social. Is it social like Facebook social?

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of Foundation Models | The Future of AI Consumer Apps and Why OpenAI Did a Disservice to Them | The Future of Music: Spotify vs YouTube & Spotify vs TikTok: What Happens with Mikey Shulman @ Suno

There's a bit of that, I think, where SoundCloud goes wrong. I mean, there's two things. Like one is, it's still hard to make music. You're kind of limited there and it's still kind of, there's the creators and there's the consumers and they don't really mix. And so that's a bit unfortunate. Music by itself is social. Is it social like Facebook social?

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of Foundation Models | The Future of AI Consumer Apps and Why OpenAI Did a Disservice to Them | The Future of Music: Spotify vs YouTube & Spotify vs TikTok: What Happens with Mikey Shulman @ Suno

There's a bit of that, I think, where SoundCloud goes wrong. I mean, there's two things. Like one is, it's still hard to make music. You're kind of limited there and it's still kind of, there's the creators and there's the consumers and they don't really mix. And so that's a bit unfortunate. Music by itself is social. Is it social like Facebook social?

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of Foundation Models | The Future of AI Consumer Apps and Why OpenAI Did a Disservice to Them | The Future of Music: Spotify vs YouTube & Spotify vs TikTok: What Happens with Mikey Shulman @ Suno

Is it social where you have like lots of peer to peer stuff or the long tail of Instagram? Is it social like the top end of Instagram where you have people who look like they spend mid six figures on every post and make their livelihoods doing it and have 100 million followers? The answer is it's both of those and it's everything in between. And so it's kind of crazy.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of Foundation Models | The Future of AI Consumer Apps and Why OpenAI Did a Disservice to Them | The Future of Music: Spotify vs YouTube & Spotify vs TikTok: What Happens with Mikey Shulman @ Suno

Is it social where you have like lots of peer to peer stuff or the long tail of Instagram? Is it social like the top end of Instagram where you have people who look like they spend mid six figures on every post and make their livelihoods doing it and have 100 million followers? The answer is it's both of those and it's everything in between. And so it's kind of crazy.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of Foundation Models | The Future of AI Consumer Apps and Why OpenAI Did a Disservice to Them | The Future of Music: Spotify vs YouTube & Spotify vs TikTok: What Happens with Mikey Shulman @ Suno

Is it social where you have like lots of peer to peer stuff or the long tail of Instagram? Is it social like the top end of Instagram where you have people who look like they spend mid six figures on every post and make their livelihoods doing it and have 100 million followers? The answer is it's both of those and it's everything in between. And so it's kind of crazy.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of Foundation Models | The Future of AI Consumer Apps and Why OpenAI Did a Disservice to Them | The Future of Music: Spotify vs YouTube & Spotify vs TikTok: What Happens with Mikey Shulman @ Suno

Like Instagram is a good example here. It's kind of crazy that the same platform lets me DM you something silly and lets me consume content from Instagram. a true professional who spends all day agonizing over this post, why can't music be the same way? Music shouldn't be special like that.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of Foundation Models | The Future of AI Consumer Apps and Why OpenAI Did a Disservice to Them | The Future of Music: Spotify vs YouTube & Spotify vs TikTok: What Happens with Mikey Shulman @ Suno

Like Instagram is a good example here. It's kind of crazy that the same platform lets me DM you something silly and lets me consume content from Instagram. a true professional who spends all day agonizing over this post, why can't music be the same way? Music shouldn't be special like that.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of Foundation Models | The Future of AI Consumer Apps and Why OpenAI Did a Disservice to Them | The Future of Music: Spotify vs YouTube & Spotify vs TikTok: What Happens with Mikey Shulman @ Suno

Like Instagram is a good example here. It's kind of crazy that the same platform lets me DM you something silly and lets me consume content from Instagram. a true professional who spends all day agonizing over this post, why can't music be the same way? Music shouldn't be special like that.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of Foundation Models | The Future of AI Consumer Apps and Why OpenAI Did a Disservice to Them | The Future of Music: Spotify vs YouTube & Spotify vs TikTok: What Happens with Mikey Shulman @ Suno

I think some of this applies outside of music, but I think to whatever extent there are two sides of this thing. There's like the old industry and then, you know, there are the disruptors. And there's one thing that both sides will agree on. And everyone on both sides will say, well, we know it's coming. We know it's inevitable, meaning AI.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of Foundation Models | The Future of AI Consumer Apps and Why OpenAI Did a Disservice to Them | The Future of Music: Spotify vs YouTube & Spotify vs TikTok: What Happens with Mikey Shulman @ Suno

I think some of this applies outside of music, but I think to whatever extent there are two sides of this thing. There's like the old industry and then, you know, there are the disruptors. And there's one thing that both sides will agree on. And everyone on both sides will say, well, we know it's coming. We know it's inevitable, meaning AI.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of Foundation Models | The Future of AI Consumer Apps and Why OpenAI Did a Disservice to Them | The Future of Music: Spotify vs YouTube & Spotify vs TikTok: What Happens with Mikey Shulman @ Suno

I think some of this applies outside of music, but I think to whatever extent there are two sides of this thing. There's like the old industry and then, you know, there are the disruptors. And there's one thing that both sides will agree on. And everyone on both sides will say, well, we know it's coming. We know it's inevitable, meaning AI.