The Information's 411

Jessica sits down with journalist and Pivot host Kara Swisher to discuss what's wrong with Silicon Valley and next in news. 

Cryptocurrency is soaking up attention, but financial services technologies involving fiat currency have also never been hotter. This week we continue our special five-episode series on The Information 50, our annual list of the most promising startups valued at less than $1 billion, by taking a look at five fintech startups that made the cut.

In this episode, The Information’s Amir Efrati speaks with reporter Kate Clark about the startups that made our list, why “banking as a service” is on the rise, and why this year’s record $87 billion in fintech startup funding doesn’t represent the peak. Then Kate interviews Itai Damti, co-founder of Unit, the top startup on our list, and Henrique Dubugras, co-founder and co-CEO of corporate card startup Brex, about the fintech frenzy and what’s coming next.

This week we continue our special five-episode series on The Information 50, our annual list of the most promising startups valued at less than $1 billion, by taking a look at the B2B category. More than half the startups in this group reflect two big pandemic related trends: companies trying to control spending on subscription software apps, and their constant search for new employees. 

The Information’s Amir Efrati talks to reporter Kevin McLaughlin about the six startups that made the cut and valuation trends in enterprise software. Efrati then talks to Jonathan Siddarth, founder and CEO of Turing, which helps companies hire pre-vetted, remote engineers from all over the world. Listen to find out why the fast-growing company, barely three year old, is No. 1 on our list.

This week we continue our special five episode series on The Information 50, our annual list of the most promising startups valued at less than $1 billion.

In episode two, executive editor Amir Efrati first talks to reporter Malique Morris about commerce startups worth watching, including a budding rival to Shopify, a fashion marketplace and a facilitator of limited-edition merchandise “drops” for celebrities and shows such as “Succession." Next, Malique talks to Rachel Tipograph, founder and CEO of MikMak, an advertising-tech provider for consumer brands, which could be a beneficiary of Apple’s restrictions on iPhone advertisers.

This week, The Information released TI50, our annual list of the most promising startups valued at less than $1 billion. Over the next five episodes of The Information 411 podcast, you’ll hear from The Information reporters who put the list together and from the founders whose companies made the list. In episode one, executive editor Amir Efrati first talks to reporter Kevin McLaughlin about the companies in the list’s Enterprise AI category and how machine learning tools and services are proliferating and being applied in the real world. Next, Amir talks to Clement Delangue, co-founder and CEO of Hugging Face, the #1 ranked company in the Enterprise AI category. It’s a conversation you don’t want to miss.

Why are so many instant delivery startups popping up? Cory talks to The Information's Mark Di Stefano about the buzzy sector and one controversial company in particular, Gorillas. Then, Steve LeVine, author of the new The Information newsletter The Electric, explains the geopolitical dynamics in the battery industry.

What happens when a small town becomes a choke point for tens of thousands of Amazon deliveries every day? Cory talks to The Information’s Paris Martineau about what residents’ struggles in a small Massachusetts town tell us about the challenges of Amazon’s rapid physical expansion. Then, Hong Kong bureau chief Shai Oster explains why the Chinese government cracked down on ride-hailing firm Didi Chuxing just after it went public.

Does one of the most storied venture capital firms need to adapt to a changing startup environment? Cory talks to The Information’s Berber Jin about his profile of Benchmark, known for a deliberative style that could handcuff it amid more fast-paced dealmaking. Then, Josh Sisco breaks down what the latest antitrust news means for Facebook and Amazon.

BuzzFeed might become the first of its generation of digital media upstarts to go public. How is CEO Jonah Peretti trying to grow the company? Cory talks to The Information's Jessica Toonkel and Sahil Patel about Peretti's consolidation strategy. Plus, reporter Paris Martineau discusses the implications of Amazon's growing air cargo fleet. 

It’s been a difficult couple of years for self-driving car developers trying to bring robotaxis to the public. How do they get out of the so-called "trough of disillusionment?" Listen to highlights of The Information’s Autonomous Vehicles Summit. Amir Efrati interviews Argo AI CEO Bryan Salesky and former Zoox CEO Tim Kentley Klay about where the industry goes from here. 

Amazon has been making big moves in Hollywood. What does that tell us about the company's new CEO Andy Jassy? Cory talks to The Information's Kevin McLaughlin and Jessica Toonkel about their recent reporting on what Amazon's incoming boss is up to. Then, Cory and senior editor Wendy Pollack discuss the downfall of Katerra, the SoftBank-backed construction startup that burned through $2 billion on its way to shutting down. 

Why are Instagram, Snap and TikTok rushing to build ways for influencers to make money? Cory talks to The Information’s Kaya Yurieff about what she is tracking with her new creator economy newsletter. Then, did the momentum shift in the Apple–Epic trial? Josh Sisco covered the trial for The Information, and explains how the judge might rule in the antitrust case.

How is Mark Zuckerberg planning to revamp his public image? Cory talks to The Information's Sylvia Varnham O'Regan and Alex Heath about why Facebook's co-founder is going on another charm offensive. Then, Cory interviews Justin Bedecarre, CEO of Raise Commercial Real Estate, a Founders Fund-backed startup, about how tech firms are experimenting with sending their workers back to offices, with more flexibility to work from home. "Running a hybrid workplace is the hardest workplace to run," he said. 

Cory talks to Kate Clark about what her recent reporting on Andreessen Horowitz tells us about the firm's history and strategy to win deals. Then, Kevin McLaughlin discusses his story on why high-profile artificial intelligence startup DataRobot ousted its CEO. 

We dive into some of the tech questions facing the potential rollout of vaccine passports. Paul Meyer, CEO of the nonprofit Commons Project, discusses why it is important that people's proof of vaccination not get locked up in walled gardens. Then, Cory talks to The Information's Juro Osawa about Grab's $40 billion SPAC deal and Didi Chuxing's struggles to develop autonomous vehicles. 

Cory talks to Kate Clark about the new king of venture capital deals: Tiger Global Management. The New York hedge fund has invested at a rapid pace, at higher and higher valuations. What does it mean for venture capital in 2021? Plus, Wendy and Cory discuss whether venture-backed travel firms will get a lift after a bleak year. 

Why are startups like Stripe, Plaid, Brex, Ramp and Fast raising so much money so quickly? Cory talks about the phenomenon with Bain Capital Ventures partner Merritt Hummer and The Information's venture capital reporters Kate Clark and Berber Jin. Plus, an interview with Henrique Dubugras, co-CEO of Brex, a corporate credit card startup, about the pandemic, fintech valuations and company's future strategy.

Cory and Kevin McLaughlin talk about why Google Cloud loses so much money, and why this year will be crucial for the company. Then, The Information’s Kevin Delaney talks with former Google executive and “Radical Candor” author Kim Scott about how women and non-white employees sometimes face prejudice when being candid at work, and what organizations can do about it.

Cory and Wendy dive into the disaster that befell Katerra, the construction tech startup that's struggling to stay alive. They also explore what the future of construction tech is.

Also, co-host Tom bids a fond farewell to the podcast we launched 5 years ago.

Tom speaks to Roger Lynch, the CEO of magazine giant Conde Nast about how he's trying to turn the company around and build out newer businesses like e-commerce, longform video and digital subscriptions. He also talks about how the company handled its cultural reckoning last year. Then Alex and Mat join to recap their interview with Mark Zuckerberg and his plans around AR and VR.

Alex Heath and Mathew Olson interview Facebook CEO Mark Zuckerberg about the promise of augmented and virtual reality. They discuss why he's investing so much time and money on the technology, how it could forever change entertainment and the workplace and what technical hurdles still need to be overcome for the technology to reach its potential.

Cory chats with Josh Sisco about the reason regulators are probing Facebook's deal to acquire Kustomer. Tom talks to Kevin McLaughlin about the next group of enterprise software companies to go public.

Tom talks to Zoe about the next wave of companies going public that are led by female CEOs. Cory chats with Katie and Ross about the reason SPACs are looking at early-stage companies.

Reporters Alex Heath and Wayne Ma discuss their exclusive reporting on Facebook's efforts to build a smartwatch and Apple's work on a mixed-reality headset. This is another Facebook vs. Apple battle worth following. 

Tom Dotan and Jessica Toonkel discuss their reporting on how NBCUniversal is trying to pluck its way to streaming success, and why a merger with WarnerMedia might make sense. Then, Wayne Ma explains the logistical feats that helped Apple avoid the kind of shipping delays that plagued other companies.

This week, we bring you two of the most revealing interviews from The Information's Future of Startups conference. Expensify CEO David Barrett and Cameo CEO Steven Galanis spar over the right way to lead a startup in an extreme political climate. Then, Jessica Lessin interviews former Google CEO Eric Schmidt about antitrust scrutiny and employee activism. 

The Information columnist and former Facebook executive Sam Lessin talks to Cory and helps us make sense of online communities, internet populism and the GameStop stock surge. Then, reporters Tom Dotan and Jessica Toonkel explain why ESPN is no longer the favorite child of parent company Disney.

What happens when VC firms become publishers? Tom talks with The Information's Zoe Bernard and Newcomer.co's Eric Newcomer about Andreessen Horowitz' latest moves, and startups' relationships with journalists. Then, Cory breaks down his reporting on Airbnb's efforts to keep white nationalists and hate groups off of the travel site. 

Cory and Alex tell the story of the messaging app Telegram and its mysterious founder, who find themselves in the global spotlight after rapid growth recently. Can the company figure out a business model? And will it crack down further on chat groups with the potential to spark real-world violence?

Following the announcement of the new union of Alphabet employees, we dive into the rising trend of worker unionization in the tech industry. Then Cory talks to Alex about how social media companies will handle President Trump's presence on their platforms after his incitement of the riot at the Capitol.

Our year end episode features an interview with musical artist Pharrell Williams and non-profit advisor Willa Seldon who talked about their experiences as black entrepreneurs. They also shared their views on what most investors and executives who aren't racial or ethnic minorities don't understand about the headwinds that minorities face in the business world. 

Their new organization supporting Black and Latinx entrepreneurs is called Black Ambition, and the website for their startup competition is www.blackambitionprize.com

As the year winds down we look ahead to what we think will transpire in 2021. Tom chats with Jessica Toonkel and Martin Peers about the tumult in media and whether Hollywood really is abandoning theaters. Then Cory talks with Zoe Bernard and Kate Clark about upcoming changes in the investing space and why financial services startups took off this year.

Amir and Cory explain what DoorDash and Airbnb's specatular debuts on the markets means about both companies and about the tech world as a whole. Then we chat with Peter Hamby of Snapchat, who hosts its popular political series Good Luck America. He talks about whether social media platforms are doing enough to root out misinformation from politicians and if Obama still is in tune with the way young people consume news.

Cory speaks with Kevin McLaughlin, our enterprise reporter and soothsayer, about the reasons Salesforce spent big to acquire Slack. Tom talked to Paris about why Generation Z is both Amazon's biggest critic and a loyal customer base. 

Alex talks about the struggle inside Facebook over how to deal with misleading posts from politicians. Cory gets the inside story from Nick Bastone about struggles at Alphabet's Loon, the experimental company that's tried to bring internet connectivity to rural areas.

Paris explores Amazon's plan to own more parts of the delivery process with the building out of its trucking fleets. Wayne talks about Apple's fraying relationship with manufacturer Foxconn.

How can we start to make sense of the implications of this election for tech? Cory talks to three tech-savvy political veterans for early takeaways.

Guests:

Will Uber and Lyft drivers become full-time employees, or something more like contractors with benefits? California's Proposition 22 will help determine the fate of "gig" work, as well as the financial fortunes of Uber, Lyft, DoorDash and Instacart. Tom and Cory break down this high-stakes battle ahead of Election Day, with some help from Uber and Lyft reporter extraordinaire Amir Efrati. We also hear from Uber and Lyft drivers on both sides of the fight, one of the most important political battles ever for the tech industry. 

Nick Bastone and Chris Stern join to talk about the DOJ's antitrust suit against Google and where things go from here. And Jessica Toonkel and Tom dive in the the brief life and sudden death of the video streaming service Quibi.

Tom talks to Kate Clark about the state of funding for female-led startups, which has sunk even lower during the pandemic. We also interview Tracy Chou, founder of Blockparty and Sara Mauskopf, cofounder of Winnie, who discussed their experiences raising money for their startups.  And Cory talked to Nick Bastone and Humu's Liz Fosslien to talk about why some workers feel they've become less efficient as they work from home.

Cory Weinberg talks to Tom Dotan about the success of Disney+ and why the app's importance has bred tensions at the entertainment giant. Then, Cory talks antitrust and tech culture with Maelle Gavet, a former executive at real estate startup Compass and online travel firm Booking. Gavet recently published a book about her experience with what she calls "tech's empathy problem."

Zoe talks about this week's Coinbase controversy and how different CEOs feel about taking activist stands as a company. Then Alex talks about Facebook's battle with Apple, this time over messaging and integrating into iMessage. 

This week we're presenting highlights from two interviews from the WTF Summit earlier this month. Emerson Collective's president Laurene Powell Jobs discusses her group's work on voting access as well as her ownership of The Atlantic magazine. Jenna Lyons, the former creative director for J Crew, talks about starting from the ground up with her new beauty brand.

We speak to some brave souls around the world who ventured back into the movie theater. And Richard Rushfield of The Ankler joins to give his take on how well the movie industry has faired these last two weekends back and what it all means for Hollywood.

With the TikTok drama getting even messier and tech relations between the US and China at an all time low, we check in with Jessica Lessin about the latest. Then Cory talks to Kate Clark about how the payments firm Stripe has become a force in venture capital, often edging out established firms to get in on deals.

Cory talks about the rise of parties at Airbnb rentals and how it's poised to be a huge headache for the company as it heads down the path of going public.

Kevin talks about his profile of Marc Benioff, the Salesforce CEO and philanthropist, which looked at how he and his company are managing during the pandemic. Especially when Salesforce's marquee event, Dreamforce, appears to be off this year. Also Tom chats with Alex about Apple's changes to ad tracking and the effect it will have on Facebook—as well as the gaming companies that rely heavily on Facebook ads. 

It was a big week for tech and politics as the four leaders of the major US tech companies testified in front of the House Antitrust subcommittee. We spoke to Alex Heath and Chris Stern about which CEOs weathered the questions from lawmakers best and where the antitrust investigations go from here. Then Cory speaks to Anissa Gardizy about delivery startup GoPuff and the problems its skyrocketing growth has caused for its neighbors.

Cory Weinberg interviews Steven Galanis, the CEO of Cameo, a fast-growing startup that allows major and minor celebrities can send messages to fans. Steven discusses Cameo's growth story, why this is a "new golden age" of consumer apps, and why Apple's app-store monopoly should get government scrutiny. 

Paris Martineau discusses her reporting on problems at the secretive healthcare initiative Haven, and what the turmoil tells us about its benefactor Amazon. Four Information reporters give their takes on which companies are ripe for acquisitions.

Nick Bastone gives us an update on the digital advertising industry and compares the trajectories of Google and Facebook during the second quarter. Jessica Lessin gives her take on whether it matters that the annual Sun Valley conference was called off this year because of the pandemic. 

We talk with John Redgrave, the CEO of content moderation startup Sentropy about the challenges of curbing hate speech online. Then Cory checks in on the state of the travel industry with Jon Staff the CEO of vacation startup Getaway.

Cory talks with two black women in tech to see what tech companies have done and still need to do to address racial inequality. Sherrell Dorsey, a journalist and entrepreneur and the founder of The Plug, has been cataloguing the responses from tech companies showing support for the black community. Sarah Kunst, a venture capitalist at Cleo Capital, explains the importance of firms funding more diverse founders.

Zoe and Cory join to discuss how the pandemic has hit the job market in tech. Zoe talks about the phenomenon of job postings that turn out not to be real. And Cory gives some historical context around how the current job losses in tech compare to previous recessions.

Cory joins to discuss Mark Zuckerberg's announcement that Facebook is fully embracing the work from home office. We explore the reasons tech is rushing to adopt the policy and whether it will have a big effect on cities. Then Tom gives the backstory on Kevin Mayer, TikTok's new US CEO. He explains what it means for Disney to lose its top streaming executive and the challenges Mayer will face coming to the controversial Chinese company.

Alex walks us through the first quarter earnings for Snap, Twitter and Facebook to see how they faired at the onset of the pandemic.

Cory joins to talk about the major layoffs at Opendoor. We also discuss how Brian Chesky is leading Airbnb through this bleak period in the company's business and if it stands a chance of going public this year.

Jessica Toonkel talks about why Spotify decided to go on a spending spree to get into the podcasting space. We discuss how this can actually pay off for the company and how long it could take to show results. 

We talk to Shai Oster, our Hong Kong bureau chief, about his experience leaving the country as the coronavirus began threatening from China. Then returning to Hong Kong once the US started seeing the effects. He gives us a look at what life looks like after the quarantining ends and people attempt to return to normal. 

Cory interviews New York Times journalist Conor Dougherty about his new book on the California housing crisis and the role tech has played in causing it (and trying to solve it). Then Jessica Lessin talks to Robin Murdoch of Accenture about autonomous vehicles as part of our sponsored series with the firm. 

Jessica and Tom discuss Roku and whether its hard-nosed negotiation tactics with media companies will work. Cory dives into Softbank and its troubles since the WeWork collapse.

Amir talks about the companies that have invested the most in self-driving car technology in the past decade. Kate explains why Sequoia is doubling down on seed investing and why that category is getting more competitive.

Chris Stern joins from Washington DC to talk about how Republicans have become Facebook's biggest supporters on the Hill in the face of increasingly antagonistic Democrats. Kevin discusses the legacy of Ginni Rometty the outgoing CEO of IBM.

Priya and Kevin Dugan talk about the ways companies going public try to get bankers to become clients in order to win the job. Kate explores Lambda School, a coding school that has a different way of approaching tuition, and the controversy around it.

Tom and Jessica wrap up 2019, looking back at the year for Facebook, startup fundraising and media.

Jessica Toonkel makes her prediction about how streaming services will affects the theater and movie industries. Kevin discusses AWS and its relationship with the open-source community. 

Alex dives into Facebook's massive hardware plans in AR and VR and the executive, Andrew "Boz" Bosworth, who's heading the endeavor. Nick and Kevin talk about Google Cloud and the long-shot effort to beat Amazon and Microsoft. 

Wayne explains how Vietnam became such a significant business for Facebook and Google. Zoë dives into the trend of hiring elite athletes at tech companies. 

A trio of executives, Universal Pictures' Katie Goldsmith; Attention Capital’s Nick Bell and Instagram’s Charles Porch, explain the next phase of growth for direct-to-consumer brands.

Ashley breaks down where the frontrunners for the Democratic nomination stand regarding the tech industry. Martin joins to talk about the math of Disney's acquisition of Fox's assets and why it's clear that it seriously overpaid. 

Producer Jason Blum explains why we've still got a few more years of big money flowing into Hollywood before business realities set in. Also why Apple should consider buying a studio and why most movie budgets have gotten smaller while TV shows have ballooned in price.

Beejoli talks about the future of cable channels during the streaming era and what it's like working for the "old" part of the business. Cory gives the latest on Airbnb, including a scoop on its money-losing second quarter and its departing chief operating officer. 

Snap's chief strategy officer talks about Snap's Discover section, its explosive growth in India and competition from TikTok and Quibi.

Nick talks about Apple's big internal meeting about its augmented reality plans. Jessica Toonkel discussed Disney's big streaming launch and what comes next.

Priya talks about the companies that have inflated their origin story and why these myths matter. Kevin dives into the feud between Rubrik and Cohesity.

Beejoli and Tom discuss the latest battle in the streaming wars as WarnerMedia unveiled HBOMax. Nick makes his first appearance to talk about how Google has tweaked its hiring strategy to focus less on culture fit. 

We interview Thomas Middleditch and Zach Woods, the stars of HBO's Silicon Valley. Ahead of the final season premiere on October 27, they reflect on how the tech industry has changed during the course of the show's run, how they searched for the humanity in the Valley, and why they think the show sticks the landing.

Cory Weinberg talked to Lauren Cummings of Morgan Stanley, Will Connolly of Goldman Sachs and Scott Stanford of Acme about the future of the IPO, why direct listings make sense for some companies and whether Softbank will stick with companies it has backed as they go public. This on-stage interview took place at our annual Subscriber Summit at the Rosewood Sand Hill Hotel in Menlo Park on October 17, 2019.

Jessica Lessin spoke to Instacart CEO Apoorva Mehta about the company's growing ad business, potential regulations on gig-workers, and how he discovered that Amazon had bought its biggest customer Whole Foods. This on-stage interview took place at our annual Subscriber Summit at the Rosewood Sand Hill Hotel in Menlo Park on October 17, 2019.

Jessica Lessin spoke to Facebook executive Fidji Simo about the future of the Facebook app, its slowing growth and the struggle to protect users while maintaining principles of free speech. This on-stage interview took place at our annual Subscriber Summit at the Rosewood Sand Hill Hotel in Menlo Park on October 17, 2019. 

Matt Drange joins to talk about how the Trump administration has cracked down on the volume of sensitive US technology that it allows to be exported around the world. 

Nick recaps his conversation with Rich Barton and explains why the Zillow CEO is embracing ecommerce despite the heavy investments. He also discusses whether Microsoft's commitment to the surface has paid off. And why Apple's reliance on China may heavily influence its reaction to the protests in Hong Kong.