4.9 • 654 Ratings
🗓️ 13 March 2020
⏱️ 57 minutes
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0:00.0 | Yo, technology. |
0:02.9 | What is it all about? |
0:04.4 | Back in the dorm, we couldn't anticipate this. |
0:06.4 | But you think about it, they were out of the dorm within four months, and they were in Silicon Valley. |
0:11.3 | He was surrounded by some of the best minds in Silicon Valley. |
0:16.3 | He had this great advice, and everything went great for him. |
0:22.6 | He was able to make that pivot from a college network to something that served everyone in the world. |
0:33.6 | Hello and welcome to Danny in the Valley. |
0:41.1 | We have a throwback edition for you this week. |
0:44.6 | So, as you are no doubt well aware, this has been an absolutely monster week for big tech. |
0:51.6 | So Apple, Microsoft, Alphabet, Facebook, all reported just gigantic profits, |
0:58.6 | generally blowing away where we're already ratcheted up expectations from Wall Street. |
1:04.1 | We're talking about many, many tens of billions of dollars between them. |
1:08.3 | And it really just highlighted this growing concentration of power amongst the big guys, |
1:12.9 | as well as just this broader shift of more and more money flowing to the internet, |
1:20.1 | more and more times being spent online. |
1:23.4 | And so that is one bit of context. |
1:25.9 | The other thing you may have noticed, which I touched on in the paper last week, is that |
1:29.7 | Mark Zuckerberg, it's kind of broken cover about what his next big plan is. |
1:34.6 | And that is to make Facebook a Metaverse company. |
1:39.2 | And his idea is that in five to ten years, Facebook will not be known so much as a social media company, |
1:46.0 | but a Metaverse company now. |
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