I think you look at two structures, one in which Mark has been able to control the board forever and build towards the destiny he believes Facebook should build. I'd rather be in the position where there's this phrase that we use a lot: We may not be right, but we're not confused. And part of why I want to invest in myself and in our team is because I feel like the chances of being confused are very high in this world. Diversifying doesn't make sense when you think you have a lot of potential bet on yourself. Would you ever sell again if it was successful? What's a 1% below 1%? No. So not to mark, not
After a quick rundown of Kara’s Twitter feud with SVB-enthusiast David Sacks, we turn to an interview with a former Silicon Valley Bank customer: Kevin Systrom. When you found one of the most successful social media apps at 27, it’s tough to figure out where to go with Act Two. But after leaving Facebook (now Meta) in 2018, Systrom is back with an AI-powered news-reader called Artifact which has been dubbed a “Tiktok for Text.” Onstage at SXSW this weekend, as the SVB crisis was playing out, Kara and Kevin discuss his regrets about Instagram, his plans to crack the news business and what’s wrong with tech bros.
Questions? Comments? Email us at on@voxmedia.com or find us on Twitter @karaswisher and @nayeema
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