Paik: New UGC value comes from empowering disenfranchised creators
Chris Paik · Chris Paik: How I Raised $400M; Substack's Broken Business Model; Music on TikTok vs IG | E1011 · 20VC with Harry Stebbings · May 9, 2023 · at 45:49
Chris Paik, General Partner at Pace Capital, explains how platforms like TikTok unlocked explosive growth by giving core distribution tools to creator types who were disadvantaged on Instagram.
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“If you are trying to create structurally new value, one, I think the best way and has proven in the success of user and content networks is to, you have to empower a previously disenfranchised set of creators.”
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