The past 10 years of digital brands (media/commerce/etc) have been a fascinating journey that's come completely full circle.
Here are all of the cycles we've been through, year-by-year πππ
2005-2013+: Journalism is dead (esp local news), which was heavily reliant on classified ads. Why? Classified ads happen to be hyper-targeted, high-intent ads also known as "direct response". Facebook & Google do that too βΒ more effectively, cheaply, and globally
Apr 20, 2022 β’ 5 tweets β’ 3 min read
Yesterday's #Netflix sub loss marks the end of streaming's 2nd chapter.
Chapter I: Netflix disrupts TV
Ch. II: TV fights back and claws back market share
--
Ch. III: TV eats its own profits... hurting Netflix isn't a biz model... time to find one...
π 3 chapters 3 charts...
Chapter I: TV goes from ~complete penetration of the country to just above 50% in a decade thanks to Netflix.
. @businessbarista just asked me my "rules for interviewing" as a startup founder, so here they are...
1. Over index on values.
Our biggest mistakes were hiring people with great skills but whom we did not have strong values alignment with.
π§΅
2. Every candidate is a "portfolio".
Any one person can learn about maximum 2 pieces of that portfolio. Ensure your team can learn about all relevant pieces across interviews βΒ and ensure you have overlap (i.e. multiple POVs) on the most important parts of the portfolio.