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Masters of Scale

Spotify’s Daniel Ek — How to build trust fast

Masters of Scale

WaitWhat

Startups, Business, Mindset, Management, Bob Safian, Entrepreneurship, Diversity & Inclusion, Reid Hoffman, Jeff Berman

4.64.4K Ratings

🗓️ 28 March 2023

⏱️ 43 minutes

🧾️ Download transcript

Summary

Normally, trust = consistency + time. But when you're scaling fast, you have to find shortcuts to trust, with your partners and your users. Spotify CEO Daniel Ek knows a thing or two about this. When he founded Spotify, he did what few disruptors ever do: He worked with the industry he was trying to reinvent. How did Ek build a relationship with a music industry wary of piracy? He found shortcuts to trust. And not just with the music industry, but users to. With cameo appearances from Gustav Söderström (Spotify's Chief Research & Development Officer) and Miles Daisher (Red Bull Air Force).

"All-Star Episodes" are part of a special series designed to center some of the most timely — and timeless — business wisdom in the Masters of Scale feed. These episodes best encapsulate the kind of transformative, unconventional insights you hear in the series. Have an idea for an All-Star Episode from our library? Let us know at hello@mastersofscale.com.

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Transcript

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0:00.0

Hi, it's Bob Safian. You've been hearing me as the host of rapid response in this feed for a few years now,

0:07.8

with short newsy interviews alongside the deeper dives of Masters of Scale. Well, I'm excited to share that rapid response is expanding into its own feed.

0:17.0

We'll be putting out shows twice a week, focusing on the urgent issues that business leaders are dealing with in real time.

0:24.7

So search for rapid response in your podcast player and subscribe to make sure you get all our episodes.

0:31.2

I'll see you on the other side.

0:33.8

It's a new sport called Skyeacking.

0:36.8

Superfund.

0:39.0

I've landed a Skyeck in front of about 60,000 people in Pittsburgh once,

0:42.9

doing about 65, 70 miles an hour

0:44.9

and like coming in about to touch the water

0:46.7

going, it's too fast, it's too fast, and just

0:48.8

keep the nose up and skip, skip, skip, skip,

0:50.9

yeah.

0:51.9

He's. Yeah. He name is Miles Dasher.

0:56.0

I'm a professional parachuteist,

0:58.0

Eagle Scout, bass jumper, a friend of the community.

1:01.0

I hope you've had your coffee today because Miles is high energy.

1:05.0

In fact, his idea of an early morning pick-me-up is to climb to the top of a really high

1:10.8

place and then leap right off it.

1:13.0

In our sport, we're all a little type A, we're all a little hungry and just kind of like running around like,

1:18.0

a, I want to jump off this, I'm ready to do this.

1:21.0

And that's pretty much all we think about when we drive around tall objects. Ooh, we could jump off. do this

...

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