Spotify's ad-tech acquisitions to take on YouTube with The Verge's Ashley Carman + Founder University Pitches | E1389

This Week in Startups

Jason Calacanis

Technology

4.4 • 1.3K Ratings

🗓️ 18 February 2022

⏱️ 77 minutes

🔗️ Recording | iTunes | RSS

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Summary

Ashley Carman joins Jason & Molly to discuss Spotify's acquisition of podcast ad-tech companies Chartable and Podsights (1:55). Ashley is a senior reporter at The Verge and the lead writer at HotPod. We dig into why she thinks Spotify's main competition is YouTube and how the Big Tech and Big Media podcasting efforts are playing out.

After that, 10 companies pitch Jason and the team in rapid-fire (46:16). These startups went through Founder University, a 12-week course run by the team at Launch.

0:00 Jason and Molly tee up today’s topics: Spotify’s podcasting ambitions with Ashley Carman PLUS 10 founder pitches from Founder University
1:55 Ashley Carman joins to break down the news: Spotify acquires Chartable and Podsights, she also covers what happened to Clubhouse
13:25 Ourcrowd - Check out the deal of the week at https://ourcrowd.com/twist
14:29 What podcasting loses by going with dynamically inserted ads, building for creators vs. building for established brands, Spotify going after YouTube as the main platform for creators
26:45 Linode - Apply to their Rise program for founder-led, early-stage startups and get 3 years of discounts at https://linode.com/twist.
27:52 Podcast tracking users habits, why Spotify is rejecting open standards, sleeping giants in the podcasting space
37:01 Mercury - Banking built for startups. See more at https://mercury.com/twist
38:26 Reflecting on Lumiary’s big bet to be the HBO of podcasting
46:16 First 5 pitches: Giphting, Chojuu, TaCo, Term Payments, Fix6 PLUS judge feedback
1:02:05 5 Next 5 pitches: Remotespace. SavvyTeam, Gaan, Timewell, Innocuous AI PLUS judge feedback

FOLLOW Ashley: https://twitter.com/ashleyrcarman

Check out Founder University: https://www.founder.university

Companies Pitching: Giphting, Chojuu, TaCo, Term Payments, Fix6, Remotespace, SavvyTeam, Gaan, Timewell, Innocuous AI

FOLLOW Jason: https://linktr.ee/calacanis
FOLLOW Molly: https://twitter.com/mollywood

Transcript

Click on a timestamp to play from that location

0:00.0	Okay, everybody, we have a really fun combo for you today. First up, the Virgins Ashley
0:05.2	Carmen is back on the program today. She's not talking about clubhouse, but she's talking about
0:08.9	Spotify, acquiring chartable and pod sites. Yeah, we're geeking out big time on the podcasting
0:14.8	industry because Spotify has spent hundreds of millions of dollars on acquisitions in podcasting
0:19.7	over the past few years. So we dig into Spotify's grand vision, how this industry is changing and how
0:25.1	YouTube could change the game even more. And then we have a couple of the best pitches from the
0:30.4	founder university's first class of graduates. If you don't know founder dot university, that's
0:34.8	the domain name. There's a dot university domain now is a 12 week course. It's free. We had 100
0:40.2	people start the course, I think 92 finished it. And then we asked the people, we asked the folks
0:47.5	running the program, hey, what were some of the best pitches and we met with those companies
0:52.0	and we're going to share with you 10 of the best nascent pitches. These are very early companies
0:58.0	and you'll see myself Molly Wood and Jackie, who is one of our management directors here and Mike
1:04.1	Savino. See the pitches, ask questions and rate which ones were their favorite. It's going to be a great
1:08.7	episode. Stick with us. This week in startups is brought to you by our crowd helps you invest early
1:14.8	in pre IPO companies alongside professional VCs. If you're interested in investing, you can join
1:21.9	our crowd for free at OUR, CRO, WD dot com slash twist. Lenoad startup program is built specifically
1:30.6	for founder led early stage startups. It's called rise and it comes with a three year discount
1:36.4	program and tech consultants to help with infrastructure growth apply today at Lenoad dot com slash
1:43.3	twist and mercury question. How much time have you wasted managing your company's money? Answer
1:51.3	too much. Switch to mercury at mercury dot com. All right, we're going to get to the news with
1:56.9	some help today. Spotify has acquired chartable and pod sites, which means that Spotify is getting
2:03.5	even more heavily into the measurement and ads product game and you know becoming a little bit
	...

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