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Equity

In a room with no smart speaker, Alexa can't hear you scream

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2372 Ratings

🗓️ 28 April 2021

⏱️ 23 minutes

🧾️ Download transcript

Summary

For this week’s deep dive Natasha and Alex and Danny and Chris dove into the world of audio. Sure, you've heard of Clubhouse, but there's lots more going on than just a single app's cultural rise. So from the biggest companies to niche startups, we compiled all the recent audio news into a single show for all our delectation. Here's the rundown: Facebook is building a number of audio products, including a Clubhouse clone and a short-form audio service that we think could be neat. Reddit is also building a Clubhouse-like service, and Alex is excited about it. It's not just the established social networks that are trying out live audio. Peanut, a social networking app for women, added live audio "Pods" to its platform. It kicked off a conversation on what it takes to win this market, and what's a smart versus silly bet. While a drop in downloads doesn't necessarily mean a drop in active users, it's worth pointing out that Clubhouse's monthly downloads dropped 72% in March. Where is that gosh darn Android app? And Alex explained why the Clubhouse-NFL deal matters for the company, as it could molt into something more akin to a platform over time. Danny explained how Apple and Spotify are building paid podcast services -- more here, and here, respectively -- and we have thoughts about which service is being more fair with the money. Natasha tied in how sentiment around the creator economy might be driving some of these individual-friendly business models. Alex brought up TWiT's new business model. All told there's quite a lot of excitement around the spoken word. Which is good as Equity is a podcast? Right? Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:16.5

Hey everybody. This is Alex. Hey, it's Natasha. And we are here to talk just for a second about Extra Crunch, Tech Crunchy subscription product. Extra Crunch is where a lot of our best analysis and follow-up stories lives. We focus a lot on startups, building, and even poke fun here and there.

0:18.5

It's true. I also write a daily column called The Exchange that's over on Extra Crunch

0:22.2

and the good news is if you don't have

0:24.1

EC access yet we have a deal for you. Yes you can use I think the best code

0:29.5

there is so don't tell anyone who doesn't listen to equity because they're not invited the code is equity all caps for 50% off your extra crunch subscription

0:39.2

So head over to techwrench.com slash subscribe use that code make us look good internally we say

0:44.4

thanks across the internet and now let's do a show. Hello and welcome back to Equity, Tech Ranches Venture's Venture Capitalfocused podcast where we unpack the numbers behind the headlines.

1:05.7

My name is Alex Wilhelm and this is our Wednesday show when we niche down to a single topic.

1:10.0

Today we are going to talk about talking, Natasha.

1:12.2

We're going to talk all about the podcasting and audio worlds.

1:14.1

It's very exciting.

1:15.4

It took this podcast for me to fall in love with podcasts,

1:18.9

but here I am and we're ready for it.

1:21.4

She's a convert.

1:22.2

We also have Danny Krietyin with us today.

1:24.0

Danny, are you excited about the podcasting world today?

1:27.0

I think Meta Talking is extremely exciting and I'm blasted to be here.

1:31.0

Good.

1:32.0

No, no, you're excited to be here.

1:33.5

You don't want to be blasted on the show.

1:34.8

We have a rule.

1:35.7

No being blasted on the show.

...

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