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Equity

What's next for creator-focused startups now that the venture boom is over?

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2372 Ratings

🗓️ 5 October 2022

⏱️ 22 minutes

🧾️ Download transcript

Summary

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we niche down to a single topic, think about a question and unpack the rest. This week, Alex asked: How are platforms responding to the new creator landscape? (Don't worry, the Wednesday show is still Natasha's to lead, she was just a little under the weather this week!) Happily, Alex was not running solo, as TechCrunch's own Amanda Silberling was with the show this week -- not for the first time! -- to chat through the key questions we wanted to parse our way through: What is the new creator landscape? How did we get to today from the go-go 2020/2021 period of creator-focused venture deals? What are creator-focused platforms focused on today? And, finally, what options do creators have today, based on our understanding of the market? The idea for the episode stems in part from our reporting, including this recent look at the amount of money that creator-targeting startups have raised in recent quarters. (Also in the news? Substack, Patreon, and others!) Before we say goodbye and come back on Friday, two quick notes from the team: You can use the code “EQUITY” for a special listener discount for Disrupt tickets. We’re just weeks away! And we also have a special for those impacted by layoffs. If you were laid off, go here to get a free ticket to TechCrunch Disrupt’s Expo. See you there, and chat you Friday! Equity drops every Monday at 7 a.m. PT and Wednesday and Friday at 6 a.m. PT, so subscribe to us on Apple Podcasts, Overcast, Spotifyand all the casts. TechCrunch also has a great show on crypto, a show that interviews founders, a show that details how our stories come together and more! Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hello and welcome back to Equity, a podcast about the business of startups where we unpack the numbers and the nuance behind the headlines. I am not Natasha Moskarinas. My name is Alex and I am here because she is not feeling well, but this is our Wednesday show where we niche down to a single topic

0:25.4

unpacking and try to figure out what the hell is going on. Today we are talking about all things

0:29.6

creator economy and even though I do not have Natasha I do have Amanda silverling with me today

0:34.0

Amanda say hello to the people hello I am almost as good as Natasha but the

0:39.3

listeners will just have to deal with me today I mean I think we're both almost as good as Natasha.

0:44.6

So really, it's kind of like two Diet Pepys sitting in one cooler.

0:48.7

That's how you and I are today.

0:50.0

Oh, yeah, for sure.

0:50.8

It's like you really want that like crisp sweet coke but then there's just some

0:56.0

diet coke and you're like, well I guess this will do.

0:58.8

I do actually have a diet coke in my fridge and it's been sitting there for like months now and I'm like do I throw it out because no one's going to touch it

1:06.3

Diet Coke by the way if you're listening to this is disgusting but sadly Amanda we did not have you on the show to talk about the important ranking of all

1:13.7

things carbonated even though it is as you said earlier fizzy water week

1:16.8

thanks to liquid death instead we had you on because we're talking about

1:20.3

creator focused startups a part of the technology world that you are an expert in.

1:26.5

And the overall question that we're going to ask today is, how are platforms in the space responding

1:31.3

to the new Creator landscape? And the gist of this is that it appears that the financial situation is changing and that what was once a very hot sector is now a bit in the doldrums. So setting the scene, how are creators doing today?

1:45.6

It's interesting that you use the phrase doldrums because I feel like that's kind of like every

1:50.5

industry right now where we were in a period where venture capital was

1:55.3

flowing like liquid death fizzy water at a straight edge punk show if you will and

2:01.2

now that is slowed down but I don't think that it's as much of a bad

2:08.8

omen for creators as it might seem you've written about this and we know from data from

...

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