Söderström: Audio TAM will match social media at 2-3 billion plus users
Gustav Söderström · Spotify CTO Gustav Söderström: TikTok's Music; How Olivia Rodrigo Gamed the Algo | 20VC #936 · 20VC with Harry Stebbings · Oct 13, 2022 · at 1:09:40
Gustav Söderström, Spotify's Chief R&D Officer, discusses the long-term scale and target audience for podcasts and audio with Harry Stebbings on 20VC.
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“I think it is at least as large as social networking, you know, two, three billion plus. The way I think about it is I think music and actually podcasting is a Sort of a core human behavior like communication. And that means that the sort of time in, in, you know, finance or product speak total addressable market should be the same.”
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