TikTok vs Instagram | Small Place, Big Dream | 2

Business Wars

Wondery

History, Business, David Brown, Management

4.6 • 13.2K Ratings

🗓️ 2 December 2020

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

It’s the mid '90s and Kevin Systrom is editing a video game. It's his first taste of coding, but it won't be his last. When he grows up, he's going to build a product used by more than a billion people.

Across the Pacific Ocean, in a rural part of China, Zhang Yiming is having a very different childhood. But he and Systrom share a common North Star: The American Dream. Achieving that dream, however, will be a nightmare filled with stiff competition and cut-throat corporate maneuvers.

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Transcript

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0:00.0	Hey, prime members, you can listen to Business Wars ad-free on Amazon Music.
0:04.6	Download the app today.
0:07.0	It's the mid-90s, Long Yan and China's southeastern Fuji-en Province.
0:21.6	Zhong E-Ming is sitting in his bedroom, reading.
0:25.5	Zhong is in middle school, and he spends a lot of time reading.
0:29.0	His bed is littered with music magazines and books.
0:34.2	E-Ming, I'm home.
0:37.3	Zhong runs to his dad, who works as a librarian for a social science organization.
0:42.9	He lugs in a big box and struggles to open it.
0:46.4	Dad, what's that?
0:49.1	His father smiles, but doesn't answer.
0:52.0	Zhong watches and awes his father pulls out a large gray box.
0:56.2	A computer?
0:58.8	Dad, can I use it?
1:01.0	Please, please, can I use it?
1:03.0	His dad chuckles as he places the bulky PC on a nearby desk and sorts through a bundle
1:07.6	of wires to plug it in.
1:09.3	Sure, but first, I want to try stock trading.
1:12.6	They reopen the Shanghai Stock Exchange.
1:15.8	Zhong is lucky.
1:17.2	He was born at the dawn of the 80s, as capitalist changes were sweeping across China.
1:22.8	Fujian was one of the first provinces to open up to the outside world.
	...

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