Pivot

Netflix Breaks a Losing Streak, Zuck Swipes at iMessages, and Guest Ben Smith of Semafor

18 snips
Oct 21, 2022
In this discussion, Ben Smith, co-founder and editor-in-chief of Semafor, shares insights from his extensive journalism experience. He delves into Netflix's recent resurgence and its new ad tier, while strategizing against competitors like Microsoft. The conversation also touches on the media landscape's evolution and the complex dynamics between traditional news outlets and newer platforms. Smith emphasizes the importance of transparency and audience engagement in today's saturated market, providing a fresh perspective on the future of journalism.
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ADVICE

Twitter Deal and Tesla Stock

  • Twitter froze employee stock accounts, signaling the deal with Elon Musk is likely proceeding.
  • Watch Tesla's stock next week due to concerns about Elon's potential forced selling to secure capital.
INSIGHT

Silicon Valley's Support of Musk

  • Elon Musk admitted overpaying for Twitter, but Silicon Valley VCs remain supportive of the deal.
  • Their motivation is partly due to the current downturn in other investments, making a bet on Musk appealing.
ANECDOTE

Employee Feedback on Parag Agrawal

  • A Twitter employee DM'd Kara Swisher, expressing dislike for Parag Agrawal and wanting a real CEO.
  • The employee believes Agrawal isn't respected internally and that keeping him is the worst-case scenario.
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