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20VC News: Anchor Founder, Mike Mignano Joins Lightspeed as Partner: The Future of Social Media | Why Clubhouse Has a Challenging Model | Why TikTok Could be a $2TN Company | Why BeReal is Defensible | What Happens To OpenSea in a New World for NFTs
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
Are We Moving Away From the Social Graph?
I think fundamentally it goes down to the question of quality of content. If you are doing live content in the way that clubhouse was, it is not as high quality as research is edited. I have a core metric, which is word-to-value ratio. Every sentence you say has to deliver value. And if it doesn't, it gets edited out. Mike: Why are these incumbents moving away from the social graph when it's served them so well and it's the core of their very good business? You can distribute a piece of content to me but it might not resonate with me at all.
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