Jake Shapiro - It’s This Incredibly Engaging, Highly Effective Medium For Really Valuable Listening | #164

The Meb Faber Show - Better Investing

The Idea Farm

Management, Investing, Business

4.8 • 978 Ratings

🗓️ 10 July 2019

⏱️ 63 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In episode 164, we welcome our guest, Jake Shapiro. Jake begins by talking about his background, as well as his early days in public radio with NPR. Meb asks Jake to expand on major moments for podcasts. Jake discusses the three waves of podcast growth from the 2003-2005 era where podcasts were first introduced, to when Apple incorporated podcasts on its platform and the introduction of the iPhone, to 2014 when both a confluence of trends and Apple breaking out podcasts from iTunes as a standalone app created an important inflection point for growth. Meb asks Jake to get into the point when he started branching out into some new ideas. Jake explains the spinout of Matter Ventures which launched as an accelerator for early stage mission driven media companies. Next, Jake walks through the frustration with monetization and the solution that ultimately spurred RadioPublic. As it was spun out to run as a startup, Jake left with it. He discusses the backing it had, and RadioPublic’s current focus. As the conversation winds down, Jake talks about podcasts being under monetized. This was the inspiration for Podfund, a fund that set out to help podcasters with tools, expertise, as well as startup and growth capital. Hear all this and more in episode 164. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to the Mebb Favor Show, where the focus is on helping you grow and preserve your wealth.
0:12.7	Join us as we discuss the craft of investing
0:15.6	and uncover new and profitable ideas,
0:18.4	all to help you grow wealthier and wiser.
0:20.8	Better investing starts here.
0:23.0	Mepp Faber is the co-founder and chief investment officer at Cambria Investment Management.
0:31.0	Due to industry regulations, he will not discuss any of
0:34.4	Cambria's funds on this podcast. All opinions expressed by podcast participants are
0:39.2	solely their own opinions and do not reflect the opinion of Cambria Investment Management or its affiliates.
0:44.9	For more information, visit Cambria Investments.com.
0:50.6	Happy summertime podcast listeners. We have an awesome show for you today.
0:55.0	Might even get a little bit meta talking all things
0:57.5	podcasting our guest is the co-founder CEO of Radio Public. You've heard me
1:02.0	mentioned that app numerous times on the podcast before co-founder of Podfund PRX Matter VC
1:07.7	Welcome to the show Jake Shapiro. Thanks so much Beb. I like to be on with you. I'm excited to go down the rabbit hole of all things
1:14.7	podcasting.
1:15.4	There was a really awesome deck
1:18.3	that we sent around this week from A16Z.
1:20.7	There was like 70 pages of podcasting goodness but I want to rewind and start
1:25.4	with a little bit of your origin story my producer said you started out as a
1:29.8	South Korean rock star is that true? Kind of, yeah. That was sort of my beginning in all things digital was a musician. So I played in a long series of Boston rock bands throughout my career. I think starting with sixth grade when we play Beat It
1:44.0	but the cameo guitar solo by Eddie Van Halen so I was trying to learn how to play that
	...

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