Mignano: Bullish on tools giving creators direct business models outside algorithms
Mike Mignano · Michael Mignano: How I Founded Anchor; Why TikTok could be a $2 TRILLION Company | 20VC #923 · 20VC with Harry Stebbings · Sep 7, 2022 · at 37:30
Michael Mignano is a Partner at Lightspeed Venture Partners and former Head of Talk at Spotify. He discusses how algorithmic recommendations have weakened creators' control over follower monetization.
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“And so I'm excited about platforms That enable influencers or creators to take control over their entire their entire business and not be reliant on algorithms and advertising that comes out of those algorithms to get paid because as we've seen now, Meta can just change their mind with the flip of a switch and your followers don't mean anything anymore. So I'm really bullish on tools like that.”
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