In the 38th episode Founder of Anchor Mike Mignano joins to talk about how he and Logan met, the origins of Anchor, selling to Spotify, what he sees as the future of podcasting, and Web3’s role in the creator economy. Plus Logan talks about his most recent Twitter backlash over being reasonably skeptical.(0:00) Intro(1:02) Tennessee vs Alabama(5:58) Ghostwriter backlash(10:15) Introducing Mike Mignano(11:57) How Mike and Logan met(14:09) Mike’s programming background(17:37) Advice for kids(21:37) Left Accenture for a startup(27:42) Beginning of Anchor(39:44) Selling to Spotify(46:03) RSS as an open protocol(53:11) The future of podcasting(59:42) Clubhouse(1:04:15) Apps capturing a moment(1:06:41) Recommendation media(1:19:39) Web3 creator economy and monetization(1:28:36) Wrap up Show Notes:Dead Cat Podcast - VC Ghostwriters (w/ Logan Bartlett) Mixed and edited: Justin HrabovskyProduced: Andrew Nadeau and Rashad AssirExecutive Producer: Josh MachizMusic: Griff Lawson 🎙 Listen to the showApple Podcasts: https://podcasts.apple.com/us/podcast/three-cartoon-avatars/id1606770839Spotify: https://open.spotify.com/show/5WqBqDb4br3LlyVrdqOYYb?si=3076e6c1b5c94d63&nd=1Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5zaW1wbGVjYXN0LmNvbS9zb0hJZkhWbg Follow on Socials📸 Instagram - https://instagram.com/cartoonavatars🐦 Twitter - https://twitter.com/cartoonavatars🎬 Clips on TikTok - https://www.tiktok.com/@cartoonavatars About the ShowA Saturday morning podcast hosted by Logan Bartlett (Partner and Managing Director at Redpoint Ventures) covering the tech news with his friends and other people with industry expertise. Executive Producer: Rashad AssirProducer: Leah ClapperMixing and editing: Justin Hrabovsky Check out Unsupervised Learning, Redpoint's AI Podcast: https://www.youtube.com/@UCUl-s_Vp-Kkk_XVyDylNwLA 🎙 Listen to the show Apple Podcasts: https://podcasts.apple.com/us/podcast/the-logan-bartlett-show/id1606770839Spotify: https://open.spotify.com/show/5WqBqDb4br3LlyVrdqOYYb?si=3076e6c1b5c94d63&nd=1Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5zaW1wbGVjYXN0LmNvbS9zb0hJZkhWbg 🎥 Subscribe on YouTube: https://www.youtube.com/channel/UCugS0jD5IAdoqzjaNYzns7w?sub_confirmation=1 Follow on Socials 📸 Instagram - https://www.instagram.com/theloganbartlettshow🐦 Twitter - https://twitter.com/loganbartshow🎬 Clips on TikTok - https://www.tiktok.com/@theloganbartlettshow About the Show Logan Bartlett is a Software Investor at Redpoint Ventures - a Silicon Valley-based VC with $6B AUM and investments in Snowflake, DraftKings, Twilio, and Netflix. In each episode, Logan goes behind the scenes with world-class entrepreneurs and investors. If you're interested in the real inside baseball of tech, entrepreneurship, and start-up investing, tune in every Friday for new episodes.

Paul Davison is the Co-Founder and CEO @ Clubhouse, the startup that believes people are at the centre of every moment, providing a platform to talk with friends and meet new friends. To date, Paul has raised over $310M with Clubhouse from a16z, DST, Elad Gil, Naval Ravikant, and many more. Prior to co-founding Clubhouse, Paul was the Founder of Highlight, a location-based consumer social service backed by Benchmark. Before Highlight, Paul actually spent time at Benchmark as an EiR. In Today's Episode with Paul Davison We Discuss: 1.) Entry into Startups: How Paul came to found Highlight in the early days of consumer social? What elements worked with Highlight that he took with him to Clubhouse? Which elements did not work that he learned from? 2.) Clubhouse: What Worked: What does Paul believe are the primary reasons that Clubhouse grew so fast? What metrics does Paul use to determine true product-market-fit and stickiness? What is good retention on Day 1, Day 7 and Day 30? How important is 12-month retention? 3.) Clubhouse: What Did Not Work: COVID: Does Paul believe that Clubhouse was the COVID antidote we all needed? How sustainable is that if so? What trends make it more sustainable? Live Does Not Work: How does Paul respond to Mike Mignano's comments that "live does not work"? Why does Paul believe that Clubhouse is not a content platform? Quality: Does Paul agree that the quality of live is not as good as the quality of produced content? Is that a problem? If the quality is worse, what is significantly better about live? 4.) The Future of Social: Does Paul agree that we are seeing the disregard of the once hailed social graph in favour of a new era of recommendation media? What does this mean for Clubhouse? With the rise of the likes of BeReal, how does Paul think about the importance of authenticity in the next wave of consumer social? How does Paul forsee Web3 and the next generation of consumer social being interlinked? What will it take for Web3 to break through? What are the core barriers today? Does Paul agree that the best consumer social tools empower creators with Superhuman powers? 5.) Lessons on CEOship: What are Paul's biggest lessons on successful company building? How does Paul manage the criticism and negativity of the press personally? How does Paul maintain the morale internally when the press cycle is so negative? How has Paul adapted himself to gain a thicker skin and not pay as much attention? Items Mentioned in Today's Episode: Paul's Favourite Book: Reality Is Not What It Seems: The Journey to Quantum Gravity, Information: A History, a Theory, a Flood

Today's show is a CLASSIC TWiST founder interview. Anchor Co-Founder Mike Mignano joins to tell Anchor's founding story (1:40), break down what it's like getting acquired by Spotify (15:32), and talk about how RSS standards might be stunting innovation in the podcasting space. (33:17) 0:00 Jason intros today's guest: Anchor Co-Founder Mike Mignano 1:40 Mike explains why he started Anchor, the original inspiration and first versions, finding PMF, building the nuts and bolts of a great podcast publishing experience 14:23 Helpware - Go to https://helpware.com/TWIST to get $1000 off your first invoice 15:32 Why Anchor sold to Spotify, the Series B term sheet they were considering at the time of acquisition, getting courted by Spotify CEO Daniel Ek, Anchor's first check story 24:44 LinkedIn Jobs - Post your first job for free at https://linkedin.com/twist 25:58 Why Apple hasn't innovated in podcasting, paid podcasts vs. advertising 31:59 Babbel - Save up to 60% off your language learning subscription at https://babbel.com/twist  33:17 Why Mike wrote his recent article: “The Standards Innovation Paradox”, evolving standards to increase innovation, the Substack example Read Mike's article: https://mignano.medium.com/the-standards-innovation-paradox-e14cab521391

Mike Mignano is the Co-Founder & CEO @ Anchor, the app that allows you to share and engage with your network via audio, essentially radio for the people. Prior to founding Anchor, Mike was Head of Product @ Aviary, prior to it's acquisition by Adobe. Anchor was one of the hottest products at SXSW this year and has received funding from our good friends at Homebrew, SV Angel, Betaworks, Eniac Ventures, Scott Belsky and many more.   In Today's Episode You Will Learn: 1.) How did Mike come to found one of the hottest new audio startups, Anchor? 2.) Why have we seen such a renaissance of podcast listening? Will this continue in the long term future and if so, what will drive the long term future growth? 3.) How did Mike use the beta testing phase to learn and iterate on customer behaviour? Following this, how did he implement this feedback to create a community that could be harnessed on launch? 4.) When examining alongside Sarah Tavel's hierarchy of engagement, how does Mike address retention and the creation of virtuous loops within Anchor? 5.) How does Mike fundamentally attempt to menthes Anchor? At what level of growth can the cash taps be turned on? How can Anchor be made to be revenue generating for both the platform and content creators? Items Mentioned In Today's Episode: Mike's Fave Blog: The Skimm Mike's Fave Book: Cat's Cradle Sarah Tavel's Hierarchy of Engagement Jakob Nielsen UX Designer   As always you can follow The Twenty Minute VC, Harry and Mike on Twitter here! If you would like to see a more colourful side to Harry with many a mojito session, you can follow him on Instagram here!   The Twenty Minute VC is brought to you by Leesa, the Warby Parker or TOMS shoes of the mattress industry. Lees have done away with the terrible mattress showroom buying experience by creating a luxury premium foam mattress that is order completely online and ships for free to your doorstep. The 10 inch mattress comes in all sizes and is engineered with 3 unique foam layers for a universal, adaptive feel, including 2 inches of memory foam and 2 inches of a really cool latex foam called Avena, design to keep you cool. All Leesa mattresses are 100% US or UK made and for every 10 mattresses they sell, they donate one to a shelter. Go to Leesa.com/VC and enter the promo code VC75 to get $75 off!

Mike Mignano is a Partner @ Lightspeed, one of the most successful venture firms of the last decade with a portfolio including the likes of Snap, Affirm, Epic Games, Mulesoft and more. As for Mike, prior to venture, he was Head of Talk for Spotify where he led the podcast, live, and video businesses for the world’s leading audio streaming platform. Michael came to Spotify through their acquisition of Anchor, a company he co-founded and is credited for democratizing podcasting globally. Mike has also been a prolific angel investor with a portfolio including Cameo, Pipe, Sandbox VR and Stir. In Today's Episode with Mike Mignano We Discuss: 1.) Exclusive News: What exclusive news does Mike have to share today? What would Mike most like to change about the way founders experience the product of venture capital? How can VCs be better? What is Mike most nervous about in the new role? 2.) The World of Social is Changing Forever: Why does Mike believe there has never been a better time for the next social media giant to be born? Why are the largest social giants leaving behind the social graph? What is recommendation media? Why is it a better business model? How does the shift from social graph to recommendation media change the way large social giants operate and interact today? 3.) Startups: Risers, Fallers and Is There Room For Another Giant? What does Mike believe Clubhouse did well? What was their undoing? Does Mike believe BeReal is defensible? What features make it both sticky and defensible? Will TikTok be a $2 trillion dollar company? Will Meta catch TikTok or have they gone too far ahead? Will OpenSea be able to sustain and make the market for NFTs, despite crypto crashing? Should startups be concerned about large social giants "copying" their features? What does true defensibility look like in consumer social today? 4.) Angel Investing: Hits, Misses and Lessons: From writing over 50 angel checks, what are the single biggest lessons Mike has learned? What has been his biggest hit? How did that change the way he thinks about investing? What has been his biggest miss? In what way did that change how he invests? What advice does Mike give to all angel investors looking to invest today?