Instagram sold to Facebook for $1 billion in 2012. They stayed at Instagram for six years after that. But now they are starting this new venture to quote, explore ideas for next generation social apps. First product is called artifact. And it is basically a text based version of TikTok, but for news articles. It'll use machine learning to understand your interests and eventually let you discuss those articles with friends.
Jason and Molly kick off the show with a quick third-rail story about Area 51. (1:56) They then cover Instagram co-founders Mike Krieger and Kevin Systrom’s new startup, Artifact. (10:44) Finally, Gabi Lewis of Magic Spoon joins Molly for an awesome interview about their latest raise, launching in big box stores and more. (41:56)
(0:00) Molly Kicks off the show
(1:56) Conspiracy Theories with Molly and Jason
(9:37) Vanta - Get $1000 off your SOC 2 at https://vanta.com/twist
(10:44) Mike Krieger and Kevin Systrom’s new venture: Artifact
(20:16) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist
(21:19) Monetizing news aggregators + content moderation
(40:42) Letterhead - get 50% off their first year at tryletterhead.com/twist
(41:56) Gabi Lewis of Magic Spoon joins Molly
(1:13:51) Jay Trades, immigration and TikTok ideas
FOLLOW Gabi: https://www.instagram.com/gababoutgabi
FOLLOW Jason: https://linktr.ee/calacanis
FOLLOW Molly: https://twitter.com/mollywood