TBPN Bridgit Mendler, Aravind Srinivas, Ted Feldmann, Karol Hausman & Lachy Groom, Sam Lessin, Kevin Systrom Says Meta Denied Instagram Resources
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Apr 23, 2025 
Guest
Lachy Groom
Guest
Karol Hausman
Guest
Bridgit Mendler
Guest
Ted Feldmann
Guest
Sam Lessin
Guest
Aravind Srinivas
Joining the conversation are Aravind Srinivas, founder of Perplexity AI, who shares insights on AI-powered search technology. Sam Lessin, a venture capitalist, discusses market trends and the evolving funding landscape. Bridgit Mendler dives into the ambitious goals of Northwood Space, a company aiming for a robust ground network for space communication. Ted Feldmann reveals innovations in automated drilling rigs, while Karol Hausman and Lachy Groom talk about advancements in robotics. They cover the interplay between tech, creativity, and the future of industrial applications.
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Meta's 'Buy or Bury' Strategy
- Kevin Systrom testified that Mark Zuckerberg underinvested in Instagram to limit its growth, viewing it as a threat to Facebook.
- This "buy or bury" strategy aimed to maintain Facebook's dominance by controlling competitors' success.
AI Assistant Ecosystem Challenges
- Perplexity partners with an OEM to pre-install their AI assistant on phones, pushing to become the default over Google.
- Apple's closed ecosystem limits AI assistant integration, but a future with multiple AI assistants could be promising.
Quality Trumps Convenience in Shopping
- Perplexity emphasizes the importance of reliability and good results for shopping features over transactional capabilities.
- Shoppers prioritize quality answers; secondary functions like checkout interest them only after.