Patreon CEO Jack Conte took the stage at my first ever SXSW event with a beer in hand. With Dead Cat co-host Tom Dotan, we discussed crowdfunding, OnlyFans, Substack, NFTs, Ukraine, and whether creators are brands. Speaking from the stage at the Volley Game Room at SXSW, Conte explained why his company wouldn’t compete with the likes of Twitter and YouTube to build audiences for the creators that it works with. “Patreon set out to solve a very specific problem. The specific problem we were solvi...
Mar 15, 2022•59 min
Suddenly, Silicon Valley is worried about its Russian ties. I’m getting messages from sources about potential Russian-connected venture capital firms and software companies with inordinate numbers of Russian customers. Companies like Netflix, Disney, Samsung, and TikTok are cutting at least some of their services in Russia. Meanwhile, Russia is restricting access to Facebook. There were echoes of this moment, in 2018 , when Silicon Valley was forced to reckon with its addiction to Saudi Arabian ...
Mar 09, 2022•55 min
In 2011, Google brought the hammer down on Demand Media. The search giant changed its search algorithm and sent Demand Media’s stock plummeting. The company had built web traffic by paying an army of independent writers — including Dead Cat co-host Tom Dotan — to write low-effort posts that ranked highly on Google search results. The kneecapping of Demand Media’s content farm was a precursor to the platform wars of the next decade. Facebook became famous for building up ecosystems — whether it w...
Mar 01, 2022•59 min
As much as insiders might bristle over their portrayals, television and movies shape how the world sees Silicon Valley. Aaron Sorkin’s The Social Network defined how people thought about Mark Zuckerberg . Movies like The Wolf of Wall Street and The Big Short sold arcane financial stories to the masses. So Tom Dotan , Katie Benner , and I were interested to see how New York Times reporter Mike Isaac’s propulsive book about Uber from 2019 — Super Pumped — would be translated to our television scre...
Feb 22, 2022•1 hr 3 min
Our regular special guest, Katie Benner , recently sunk her teeth into the intersection of an old passion and a new one: technology industry ignominy and, her current beat at the New York Times , the U.S. Justice Department. Benner talks me through the arrest of Ilya Lichtenstein and Heather Morgan . The duo were accused by the Justice Department of laundering money from the 2016 Bitfinex robbery. The arrest shows the federal government’s increasing sophistication when it comes to crypto currenc...
Feb 16, 2022•57 min
Last March, Alex Heath interviewed Mark Zuckerberg about Facebook’s virtual reality ambitions. Then in October, Heath broke the news for The Verge that Facebook planned to change its name and interviewed Zuckerberg again . This month, he wrote that both Facebook and Snapchat’s visions are colliding. They’re both hoping to look a lot like another app: TikTok. With newly rebranded Meta’s stock plummeting and Snap’s shares spiking, we thought it would be a good time to have Heath come on Dead Cat a...
Feb 08, 2022•1 hr 10 min
Neil Young and Joni Mitchell are pulling their music from Spotify over the company’s more than $100 million exclusive deal with popular podcaster Joe Rogan. The UFC commentator likes to host vaccine skeptics and has voiced his own apprehensions about the necessity of the vaccine for young people . Meanwhile, Substack — the home to this newsletter — apparently generates more than $2.5 million a year from anti-vax newsletters. The company recently published a blog post titled, “Society has a trust...
Feb 01, 2022•57 min
Wall Street Journal reporter Kirsten Grind helped expose Activision Blizzard’s troubled corporate culture in a bombshell article in November , co-written with her colleagues Ben Fritz and Sarah Needleman . The article revealed that Activision CEO Bobby Kotick knew about the company’s sexual misconduct problems, including an alleged rape, and, in some cases, did not report the incidents to Activision’s board of directors. Then in January Microsoft moved to pay $75 billion in cash to buy the video...
Jan 25, 2022•48 min
Ophelia Brown’s Blossom Capital announced Tuesday that it has raised $432 million for its third venture fund. ( I told paying subscribers back in April 2021 to watch out for Blossom’s next fund.) The European Series A firm is taking a big leap from its $85 million first fund in 2019 and its $185 million second fund in 2020. Tom Dotan and I talk with Brown about her crypto investing — including Blossom’s recent investment in juggernaut MoonPay, which raised a $555 million Series A at $3.4 billion...
Jan 18, 2022•43 min
Phil Libin is as deeply rooted in the Silicon Valley ethos as you can find. He immigrated to the United States as a child from the Soviet Union and went on to found the once trendy tech word-processing software company Evernote. He took a detour as a venture capitalist at General Catalyst. Now he’s a founder again. He’s the CEO of Mmhmm, a video conferencing company that’s backed by Sequoia Capital, and runs a product studio called All Turtles. Even though he has virtual reality headsets spillin...
Jan 11, 2022•1 hr 1 min
Deepa Seetharaman is a longtime friend, Wall Street Journal tech reporter, and — most importantly — a committed Dead Cat podcast listener. Her ears have been burning as we’ve talked about her and her colleagues reporting with former Facebook Chief Security Officer Alex Stamos and as we’ve dissected her reporting on Instagram’s influence on teenage girls in our episode “ The Facebook Philes .” And given the fact that we named this podcast after Mark Zuckerberg’s strange text messages with board m...
Jan 05, 2022•1 hr 10 min
Katie Benner , Tom Dotan , and Eric Newcomer look back on 2021 in Techmeme headlines for our final episode of Dead Cat for the year. We discuss some of the biggest stories of the year: * In January, Microsoft said Russian hackers accessed some of its source code and the U.S. government pinned the SolarWinds hack on Russians . * In February, Elon Musk drove Clubhouse listeners (and journalists blocked by Marc Andreessen ) to YouTube as they tried to listen to the live interview on the platform. I...
Dec 29, 2021•1 hr 2 min
Hosts Tom Dotan and Eric Newcomer speak with longtime Hollywood reporter Richard Rushfield , who launched his newsletter The Ankler in 2017. Rushfield told readers he would be “giving Hollywood the business,” describing his unsparing newsletter as “the newsletter Hollywood loves to hate and hates to love.” Now, Rushfield has broader ambitions. A splashy New York Times piece announced that he’d teamed up with Janice Min , the media executive responsible for reinventing both The Hollywood Reporter...
Dec 21, 2021•1 hr 3 min
New York Times reporter Erin Griffith returns to the show to catch us up on what’s been going on with the Elizabeth Holmes trial. To the surprise of many, Holmes took the stand to defend herself. Griffith updates us on her lunch, the politics of queuing outside of the courthouse, and Holmes’ legal strategy. At the 33:40 mark Katie Benner joins hosts Tom Dotan and Eric Newcomer . We talk about Andreessen Horowitz crypto partner Chris Dixon’s anti-media tweets and Bloomberg Businessweek’s story on...
Dec 14, 2021•1 hr 3 min
Tom Dotan grills me on my trip to Miami during Art Basel. We talk about 500 Global in the shadow of 2017 exposé Dave McClure . We cover a potpourri of topics. I play my best Steven Pinker while Tom harkens back to his days as a digital media reporter. We talk about Max Read’s piece “Is web3 b******t?” and discuss the BuzzFeed public listing. ( Ben Smith can finally sell his shares! ) There’s even a brief discussion of the latest episode of Succession **spoilers** toward the end of the episode. G...
Dec 09, 2021•52 min
We talked to former Facebook Chief Security Officer Alex Stamos about what the media got right and wrong about its coverage of Facebook’s influence on the 2016 election. Stamos — who played a key role in bringing information to Robert Mueller about Russian election interference — is someone who is willing to criticize his former employer without letting the media off the hook. Stamos argues that Facebook inadequately addressed misinformation posted onto Facebook’s platform and downplayed its dis...
Nov 23, 2021•48 min
A quick announcement: I’m integrating the Dead Cat podcast a little more closely with this newsletter. We’ve brought on an audio editor with Substack’s support to professionalize the podcast. Now, you’ll be able to get Dead Cat right in your email. (But you can still listen to the latest episodes on Apple and Spotify.) If you don’t want to receive Dead Cat podcast episodes, you can go to Newcomer.co/account and deselect “Dead Cat.” I hope you’ll listen along. What’s the pitch? It’s a show that g...
Nov 16, 2021•45 min
We break the seal on crypto in this podcast in a long chat with Dispo CEO Daniel Liss about how the technology could transform social media products. He attended the big NFT conference in New York this past week and explained why the optimism in tech has been directed here. The conversation goes into what the crowd was like at the conference, how the consumer companies could embrace crypto as an alternative business model to advertising and whether it makes sense for services to jump aboard the ...
Nov 09, 2021•1 hr 1 min
Yes, we talk about Facebook's metaverse announcement. And yes, Eric takes the techno-optimist point of view while Katie and Tom are completely befuddled why anyone would want to spend their time there. But also, we discuss whether the announcement actually buried all the Facebook paper scandals, why Frances Haugen's turn to release her documents to multiple outlets was a jolting move for any reporter, and how whistleblowers are now just another version of influencer culture. Get full access to N...
Nov 02, 2021•41 min
We dive into the wacky, wild and wildly inconsistent world of Peter Thiel with Bloomberg Businessweek editor Max Chafkin. He recently published a book, "The Contrarian: Peter Thiel and Silicon Valley's Pursuit of Power" that goes through Thiel's origins in the industry, how he influenced other founders and how his right wing political project is shaping up. Max also makes the case for why Thiel is one of the most influential characters in the formation of the current culture in tech. And Eric, T...
Oct 25, 2021•48 min
We're joined by New York Times tech reporter Erin Griffith. She's been on the scene in San Jose covering the fraud trial against Elizabeth Holmes—tech's trial of the century, or at least the decade, or maybe of a generation. We talk about the surprisingly plodding pace of such a high profile trial, what kind of a case the prosecution appears to be building and what will be the broader reckoning for the tech industry. If there will be one at all. Get full access to Newcomer at www.newcomer.co/sub...
Oct 19, 2021•47 min
We discuss Coinbase CEO Brian Armstrong's tweets about how the tech press' harsh coverage of CEOs is driving away talent and whether the increasingly critical stories about tech companies is the natural maturity of the industry. We also dive into last year's controversies when national politics spilled into company Slack rooms and whether banning it actually helped improve morale (as Armstrong also claimed). Finally, as top Facebook officials make the media rounds after the whistleblower's testi...
Oct 13, 2021•47 min
Katie and Tom interview New York Times media columnist Ben Smith about his piece on the deception at Ozy. This was recorded a few hours before the digital media company announced it was shutting down, following his reporting. We discuss Ozy's appeal to investors, the courting of billionaires, the nature of the fraud, and what to make of the entire cohort of digital media companies the sprang up at the same time. Ben's initial column on Ozy https://www.nytimes.com/2021/09/26/business/media/ozy-me...
Oct 02, 2021•41 min
With Eric on vacation, Katie and Tom take on hosting duties without adult supervision. We go over the rise of tech employees griping to reporters about company inner workings (aka "leaking") and what it says about the state of employee happiness in the industry. Also why CEOs won't be able to control it unless they address what's ailing company morale. Then we touch on the pervasiveness of gig workers around the world and what happens with a significant portion of the world's workers relies on t...
Sep 29, 2021•41 min
Eric, Katie and Tom talk about why the Wall Street Journal's epic series about Facebook's internal failings is so powerful. And why Facebook continues to be aggressively covered by the media in a way it didn't use to be—well into the Biden presidency. That turns into a discussion about whether comparing the company to big tobacco makes sense. We also briefly debate if Peter Thiel is as powerful as the media makes him out to be. This will not be the last time we discuss Thiel on the podcast. Get ...
Sep 21, 2021•42 min
In a hosts-only episode, Katie, Eric, and Tom talk about whether the media has overplayed the Theranos story and argue about whether the public is still interested or what lessons can be learned from the verdict. That turns into a debate about other media-driven tech spectacles, like Facebook's camera glasses, and why reporters gladly play up the hype about hardware. Get full access to Newcomer at www.newcomer.co/subscribe...
Sep 14, 2021•49 min
Liz has handled communications with the media from the crucibles of both the tech and political worlds. We talked about her time with Tesla just as Elon Musk was finding his voice and going through and around the press. She reflected on her time with the Obama presidential campaigns, feeding opposition research to media about Sarah Palin and Mitt Romney. And we debated whether the media has become too critical of tech, particularly from the vantage point of her current role as the VP of comms an...
Sep 08, 2021•48 min
CEO and founder of security startup Vanta, Christina Cacioppo, joins to talk about how she was able to raise a huge Series A ($50m at $500m valuation). We also talk about her jump from being a VC to a founder, why Zoom-based fundraising is here to stay and whether female founders get a fair shake from the tech press. Get full access to Newcomer at www.newcomer.co/subscribe
Aug 30, 2021•32 min
Our show begins with our first ever guest, Rippling CEO Parker Conrad. He talks about why the tech press spends too much time listening to VCs who don't have nearly as much power as reporters think. He also looks back at the way he was infamously pushed out of his previous company, Zenefits, and the role A16Z played in that saga. Our thanks to @yungchomsky for our theme music. Get full access to Newcomer at www.newcomer.co/subscribe...
Aug 23, 2021•39 min
