Emily Chang
Appearances
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
Hi, Hux.
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
Congratulations.
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
Thank you for being our guest. You guys, this is pretty awesome.
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
I'm glad to be here.
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
As you could probably tell from the episode, I'm not a wake surfer, but I tried. And Mark is pretty good. And what I did not realize is that you can do a dry start where you, if you're so good, you can just ride the board right off the boat and voila, tuxedo surfing video. And I can personally attest that I did see him do a dry start and he can, I mean, I think it's real. I think.
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
By the way, Priscilla's pretty awesome, too. They can both shred. Just have to say that. Because she's here tonight, too.
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
So right now, and A-plus, you guys, for self-reflection, we're going to revisit some of your past episodes. And we decided on some episodes that maybe were a little controversial. In the early days, you would grade every company that you covered, and you made some good calls, but also some questionable calls sometimes.
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
So I thought we would go down, do a little memory lane, and start with YouTube, which David, you gave YouTube a C in 2016.
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
Right. And you, Ben, said it could be as bad as a C-minus. And I just, I just, I have to, I just question that a little bit.
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
We were misguided. But let's just twist the knife a little because we have some quotes here. Ben, you said, I'm a little bit bearish on YouTube primarily because it's not a destination. And David said, like, who goes to YouTube and discovers something?
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
Well, today, you have analysts saying if you pulled YouTube out of Google, it would be worth half a trillion dollars, which is almost double where Netflix is. It's on track YouTube TV to be the largest cable provider in the United States.
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
You know, I have a house full of kids in my house. It's the first and the second screen because we have YouTube TV. So the question is, can they really be everything to everyone, right?
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
And it's a direct variable cost. $70 billion to creators over the last three years, which, again, is more than Netflix spends on content.
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
Well, and I mean, my source is also, if they're making money, it's little to no money. But they could obviously change how much they're paying out to creators. They can turn the spigot on and off.
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
Well, my show's on YouTube, your show's on YouTube. How do you feel about YouTube as creators?
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
Yeah. Grade today?
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
Huge. All right, moving on. The next company we're gonna talk about is LinkedIn. You covered it three days after they got bought by Microsoft. You both basically gave it an A. Ben quote, how are we both positive on this? I woke up Monday morning being like, what?
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
What about LinkedIn today?
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
Revisiting this was a little traumatic for me because this was, if you'll remember, this was an acquisition that like no one saw coming. There were no leaks, no reporting on this before it happened. And my producer was apparently like calling my phone nonstop in the morning. It was like the crack of dawn and I was not picking up. So she called my husband.
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
who came in and was like, Microsoft just bought LinkedIn, and you have to interview Satya and Jeff Weiner in an hour. And I was like, what? So yeah, so that's what I remember.
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
I mean, I think so. I actually went back.
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
It was great. My hair wasn't quite fully done, but we made it. We made it through. Okay.
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
I do, actually, because I talked to Reid Hoffman, who, of course, is the co-founder of LinkedIn. And, you know, it's interesting because Reid joined the board of Microsoft. He's still on the board of Microsoft. He was an early investor in OpenAI, on the board of OpenAI. Shocker, Satya Nadella is on the AI train early. Microsoft is the biggest backer of OpenAI now.
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
So Reid gave me a little quote. He said, Satya has run Microsoft as a type of founder. You could call it being a re-founder or even a late-stage co-founder. The re-founder doesn't need to have been in the garage from day one. He shifted the company's focus away from a cutthroat culture and competition-only practices towards embracing social networks, collaboration, cloud, and the next wave of AI.
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
I don't know. You wonder if the AI wars would have played out differently. Okay, we're going to keep moving quickly because I really want to make sure we get to the last one. But SpaceX, one of your most popular episodes ever. Luckily, you're in the clear because you didn't grade them.
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
But obviously, Starlink is a juggernaut. Ben, you talked about it being potentially a $30 billion business at the time. Can you grade SpaceX today, knowing that Starlink is just even bigger?
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
Yes. It's a beast, total beast. And by the way, nobody else could have saved those astronauts, right?
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
Well, Russia maybe, but that's complicated and we don't even know if China could dock at the ISS. I mean, I think that's okay to say, sorry. Hopefully I didn't just cross the line.
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
Yeah. Okay, so now, to your most requested revisit ever, the Arena Queen. You gave her an A+. But that was two years ago, before the Eras Tour. So I think you're going to have to invent a new category.
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
So is she more than a billionaire?
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
So I re-listened to the Taylor podcast with my kids driving to Tahoe and they loved it. You have a potential Gen Alpha audience.
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
In case you're getting nervous. But here's a question. Is it possible that we're at peak Taylor?
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
And now she's in her NFL era. Like, how do you value that?
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
Yeah.
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
I'm going to say no, just because that seems like a safe bet when you're talking about Taylor.
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
You heard it here, for the record. I think you guys need another Taylor episode. That's the verdict for the fans. Thank you guys so much, and congratulations, and I can't wait to keep listening. Thanks, Emily.
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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
Thank you so much. Bye, guys.