a16z Podcast: For Buzzfeed Sharing is the Metric that Matters
The a16z Show
a16z
4.2 • 1.2K Ratings
🗓️ 18 September 2014
⏱️ 26 minutes
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| 0:00.0 | The content here is for informational purposes only, should not be taken as legal business tax |
| 0:05.6 | or investment advice or be used to evaluate any investment or security and is not directed |
| 0:10.3 | at any investors or potential investors in any A16Z fund. For more details, please see A16Z.com |
| 0:16.8 | slash disclosures. Hi, this is Chris Dixon. This is the A16Z podcast. |
| 0:21.6 | Today I'm here with Jonah Pretti, the founder and CEO of BuzzFeed. |
| 0:25.8 | We announced, I guess, a few weeks ago now that we invested in BuzzFeed. |
| 0:29.8 | So we're very excited about that. |
| 0:31.0 | And thanks for being here. |
| 0:32.1 | Thanks for having me. |
| 0:33.2 | I guess maybe you could start by just sort of for people that don't know explaining the premise of BuzzFeed |
| 0:38.7 | why you started it. |
| 0:40.8 | Yeah. |
| 0:41.1 | So the idea behind BuzzFeed is that people still want to be informed and inspired and entertained. |
| 0:47.8 | And the media industry has always had that role. |
| 0:50.4 | But the way people consume media has really dramatically shifted in the last 10 years |
| 0:54.3 | with social, mobile and digital video becoming the dominant ways people consume media. And so |
| 1:00.5 | BuzzFeed really is a media company for the social mobile world. |
| 1:06.1 | And so, you know, someone might say, okay, great, people read stuff on their mobile phone now. |
| 1:10.1 | They click on stuff on Facebook, |
| 1:12.8 | but how does that really change what a media, isn't a media company? I mean, a skeptic might say, |
| 1:17.9 | you know, don't you still want to, you know, write the same kind of stuff you were writing before? |
| 1:23.2 | Like, how does that change what you do as a media company, the fact that people consume it differently? |
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