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Channels with Peter Kafka

Skift CEO Rafat Ali: Small media companies are beautiful

Channels with Peter Kafka

Vox Media Podcast Network

Business News, News, Tv & Film, Technology

4.4585 Ratings

🗓️ 25 August 2016

⏱️ 39 minutes

🧾️ Download transcript

Summary

Skift founder and CEO Rafat Ali talks with Recode's Peter Kafka about how media entrepreneurship has evolved since he launched his first company, PaidContent, in 2002. Ali left PaidContent after an acquisition by the Guardian (that went nowhere) and launched Skift to write about the travel business for people who work in the travel business. Today, Skift is a profitable boutique company with 29 employees, and Ali explains why he's happy to keep it small and let it grow slowly. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

This is Recode Media with Peter Kafka.

0:02.9

That's me.

0:03.5

It's sponsored by Digital Media, which is a real company that actually distributes podcasts.

0:08.3

We got some questions about that.

0:10.0

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0:14.3

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0:23.4

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0:28.2

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0:32.4

and maintain your rights forever. Get your yearly subscription today for only 99 bucks at

0:37.2

videoblocks.com slash

0:39.2

recode. I'm here with my guest, Rafit Ali, who is a two-time digital media entrepreneur.

0:45.7

Welcome, Raffet. Thank you, Peter. Many of you know Raffet from Paidcontent.org, and your new

0:50.7

company is Skift. Am I pronouncing Skift correctly? Correct, yes.

0:54.3

What does Skiff mean?

0:55.7

It's an old English word that means the first layer of snow on the ground.

1:00.6

Nobody uses it anymore.

1:01.6

I thought it was like a Finnish word or Norwegian word.

1:02.9

It's also a Norwegian word for shift.

1:05.3

So English and then Norwegian.

1:08.0

So essentially for all intents and purposes, we own the word as it relates to travel.

1:13.9

You took a word that most people don't, either isn't a word or most people don't know, and you said,

1:17.7

this is going to be the name of my new travel site. Yeah, I bought the domain like five years before I started.

...

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