The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: Eugene Wei on "Status as a Service", Why Networks Grow and Stop Growing, The Worst Design Choices Social Media Incumbents Have Made & The Next 10 Years of Media and the Metaverse

59 snips
Nov 22, 2021
Eugene Wei, a former strategist at Amazon, Hulu, and Oculus, shares his deep insights into tech and social media design. He discusses the importance of decision-making processes, drawing lessons from industry giants like Jeff Bezos. Wei highlights the 'social graph problem' that plagues many apps today and critiques design choices made by social media incumbents. He also unpacks the concept of 'status as a service', exploring how it shapes user behavior and interactions in the evolving media landscape.
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ANECDOTE

Unconventional Entry to Tech

  • Eugene Wei, unsure about law school, wrote a compelling cover letter to Amazon.
  • Though unqualified for the role, his passion for the internet landed him a job.
INSIGHT

Decision-Making Mediums

  • Decision-making processes heavily influence outcomes, so choose them wisely.
  • Different mediums like writing, debate, or prototypes suit different decision types.
ANECDOTE

Crafting Memorable Messages

  • Jeff Bezos refined his communication style at Amazon, prioritizing message memorability.
  • Steve Jobs used keynotes and multi-medium presentations to embed products in culture.
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