Nathan Baschez, author of the Divinations newsletter and former Head of Product at Gimlet Media and Substack, dives into the art of podcasting and business strategy. He emphasizes the importance of perseverance in creativity, noting that pushing through for just a bit longer can lead to breakthroughs. The discussion touches on innovative storytelling, the balance between metrics and creativity, and the iterative process of refining podcast content through listener feedback. Nathan shares insights on blending engaging narratives with detailed research to captivate audiences.
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Prioritize Financial Research
Research company financials early in your process.
This helps frame the relative importance of events and shape your thesis.
insights INSIGHT
First Impressions Can Be Deceiving
Initial impressions of a company can be misleading.
Deeper research often reveals unexpected depth and complexity.
question_answer ANECDOTE
TikTok Episode Pivot
During the TikTok episode, the hosts initially focused on Facebook and Instagram as comparisons.
They later realized YouTube was a more appropriate comparison, requiring on-the-fly analysis adjustments.
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In this book, Daniel Kahneman takes readers on a tour of the mind, explaining how the two systems of thought shape our judgments and decisions. System 1 is fast, automatic, and emotional, while System 2 is slower, effortful, and logical. Kahneman discusses the impact of cognitive biases, the difficulties of predicting future happiness, and the effects of overconfidence on corporate strategies. He offers practical insights into how to guard against mental glitches and how to benefit from slow thinking in both personal and business life. The book also explores the distinction between the 'experiencing self' and the 'remembering self' and their roles in our perception of happiness.
Willpower
Rediscovering the Greatest Human Strength
Roy Baumeister
John Tierney
“There’s no real secret to making the stuff we make. It’s not something where you have to be crazy talented. The thing is, you just spend a little bit longer on it than is reasonable. Most people would give up, and then you just keep going on it for three more hours making it better, doing more research, whatever the thing is that makes it better. Wherever most people would say, yea, that’s good enough, you just keep going for a little while longer. Not an eternity longer, just a bit longer.” -Nathan, quoting Alex Blumberg, Gimlet Media
Ben and David agree to have the tables turned in a great interview by friend and longtime Acquired supporter Nathan Baschez, who was formerly the Head of Product at both Gimlet Media and Substack, and now writes the excellent Divinations newsletter on tech and business strategy.
The core Divinations newsletter is free for everyone, but if you’d like special access to any of their paywalled content, Nathan shared this discount link for all Acquired LPs: https://divinations.substack.com/acquired . Check it out!
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