The startup boom failed to build a creator utopia
Reading Time: < 1 minutesHello 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 and dig deep.
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This time ’round we had Eric Silver, head of Creative at the podcast collective Multitude, to help us sort through:
- What the hell happened with Spotify’s big podcast push, and its resulting layoffs.
- Why tech platforms have not yet found a way to make creative work lucrative enough to engender a new ‘creator middle class.’
- The state of the ad market, and its impacts on creative work more generally.
Toward the end we had a moment to comment on AI, but we kept that somewhat far from our central theme.
Long-time Equity listeners will recall that we’ve covered the creator economy a few times on the show and the blog, including:
- Yeah, funding for creator-focused startups is drying up [blog]
- F*ck creator funds, we need a creator index fund [Equity]
- Not every creator economy startup is built for creators [blog]
And if you need even more, this investor survey from 2021 on all things creator-economy is a great look-back in time!
For episode transcripts and more, head to Equity’s Simplecast website.
Reference: https://techcrunch.com/2023/06/21/the-startup-boom-failed-to-build-a-creator-utopia/
Ref: techcrunch
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