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The Best One Yet

*Live* at Spotify - Part II: Why Spotify is doing podcasts — Our interview with Max Cutler, Founder & MD of podcasts at Spotify

The Best One Yet

Nick & Jack Studios

Business, News, Finance, Pop Culture, Business News, Tech

4.69.8K Ratings

🗓️ 27 November 2019

⏱️ 17 minutes

🧾️ Download transcript

Summary

The 2nd half of our Snacks recording live from Spotify. We sit down with Max Cutler, the Founder & MD of Parcast Studios at Spotify — his startup was acquired by Spotify earlier this year. We’re asking about how he first pitched his company, whether podcasts will follow the Netflix strategy, and what his favorite pod is. Ever.Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Transcript

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0:00.0

This is Nick, this is Jack.

0:02.8

And this is Snacks, daily in his Wednesday, November 27th.

0:07.0

Last day before Thanksgiving, perfect.

0:09.7

I know you're doing a turkey tea party.

0:11.7

We know what you're thinking here.

0:12.7

It is the best one yet.

0:13.7

The best snacks, daily Jack.

0:15.3

The first story, what have we got over here?

0:16.8

Serve it up, appetizer.

0:18.0

Google is acquiring Fitbit for $2.1 billion.

0:22.3

Now that's the old news.

0:24.0

The new news is that the mysterious second bitter

0:26.8

for Fitbit was Facebook.

0:28.6

It was zuck all along.

0:29.9

And apparently his final bid was just

0:31.9

five cents, a share short of what Google bid.

0:35.6

That's according to CNBC.

0:37.3

And that means that if Facebook had paid $10 million more,

0:41.3

which is like three minutes of online ads for Facebook,

0:44.4

it's like if they stopped serving lunch one day.

0:46.7

It could be the owner of Fitbit.

0:48.7

Tiny bits of money can totally change history.

...

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