Hive Social, a social media platform was founded in 2019 by then 22 year old Cassandra Pop. The site had gained around 144,000 new installs between Friday and November 18th to Sunday, November 20th because of all of this kind of Michigan on Twitter,. I think Mastodon reported hitting a million over a million users now. And news beta has had a huge backlog and waiting list. All of these people apparently flocked to Hive and broke it.
First up, Molly breaks down some news stories, including Meta's ad troubles in Europe (1:24) and Semafor's saga with its climate editor departing. (9:51) Then, Jason answers questions from founders! (20:25) Finally, Producer Rachel joins Molly to discuss what happened with Hive Social. (32:10)
(0:00) Molly tees up today's segments!
(1:24) Molly covers Meta's targeted ad troubles in Europe - are we headed for a new standard for ad-based business models?
(8:24) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/TWIST
(9:51) Breaking down Semafor parting ways with its climate editor and a major crypto lending business is stopping its US operations
(19:12) LinkedIn Jobs - Post your first job for free at https://linkedin.com/twist
(20:25) Ask Jason! What percentage of equity should a startup give to an advisor?
(27:22) Ask Jason! General advice for founders pitching investors?
(29:31) Ask Jason! In this environment, should early-stage startups focus on profitability from day one?
(32:10) Rachel Reporting: Molly and Producer Rachel break down what happened with Hive Social and discuss broadcast platforms vs consumption platforms
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