Meta, every mention
1,278 scenes, the whole family · ← back to Meta
tap a year for its mentions
every year anyone Ben Gilbert 600David Rosenthal 549Mark Zuckerberg 49Ben Thompson 37Daniel Ek 9Brendan Eich 5Sam Bankman-Fried 4Packy McCormick 4Brad Gerstner 4Mitch Lasky 2
Verbatim, from the transcripts: the passages where Meta comes up
Disney: The Renaissance and the Empire · Acquired
- ▶ 1:43:41 David Rosenthal There's Facebook.
Vanguard: The communist capitalist who saved investors a trillion dollars (Audio) · Acquired
- ▶ 3:37:36 Ben Gilbert So think Nvidia, Amazon, Meta, TSMC, Nike.
10 Years of Acquired (with Michael Lewis) · Acquired
- ▶ 1:30:59 Ben Gilbert Meta, Rolex, Trader Joe's.
- ▶ 1:31:06 David Rosenthal You don't even have to say, I mean, Meta's a public company, but, but.
- ▶ 1:42:05 David Rosenthal Nintendo was specifically listened to by one person on the meta executive team who found it, thought it was amazing, sent it to the entire meta executive team, right?
Google Part III: The AI Company. Google is amazingly well-positioned... will they win in AI? (Audio) · Acquired
- ▶ 7:17 David Rosenthal Basically, every single person of note in AI worked at Google, with the one exception of Yann LeCun, who worked at Facebook.
- ▶ 43:12 David Rosenthal I think it's not that much of a leap to say that the cat paper led to probably hundreds of billions of dollars of revenue generated by Google and Facebook and ByteDance over the next decade.
- ▶ 46:22 David Rosenthal It's just in the YouTube feed, and then Facebook borrows it, and they hire Jan LeCun, and they start Facebook AI research, and then they bring it into Instagram, and then TikTok and ByteDance take it, and then it goes back to Facebook and…
- ▶ 53:39 David Rosenthal Facebook, of course.
- ▶ 53:43 David Rosenthal Oh, wait, so it does not include Facebook?
- ▶ 53:45 Ben Gilbert It does not include Facebook.
- ▶ 53:48 Ben Gilbert This is twenty-twelve, so Facebook's not really in the AI game yet.
- ▶ 54:56 David Rosenthal Wait, how is DeepMind in the auction, but Facebook is not?
- ▶ 1:00:25 David Rosenthal It was like, when Facebook bought Instagram, like,
- ▶ 1:09:01 David Rosenthal That he had invested in Facebook.
- ▶ 1:09:03 David Rosenthal First investor in Facebook.
- ▶ 1:15:51 David Rosenthal The possibility of what it can do at Facebook and for Instagram.
- ▶ 1:16:10 David Rosenthal And so with Jan, they have created FAIR, Facebook AI research, which is a Google brain rival within Facebook.
- ▶ 1:16:19 David Rosenthal And remember who the first investor in Facebook was, who's still on the board.
- ▶ 1:16:57 Ben Gilbert That squares with what Cade Metz has in his book that the founders would have made about twice as much money from taking Facebook's offer versus taking Google's offer.
- ▶ 1:17:32 David Rosenthal Deal point negotiating that has to happen with Mark and Facebook if this offer is going to come through.
- ▶ 1:18:08 Ben Gilbert And Mark's like, no, you'll be a part of Facebook.
- ▶ 1:32:22 David Rosenthal To all of the AI researchers that Google, and to a certain extent Facebook, have sucked up and basically created this duopoly status on.
- ▶ 1:32:33 Ben Gilbert Again, Google's business model and Facebook's business model, these feed recommenders, or these classifiers, turn out to be unbelievably valuable so they can, it's funny in hindsight saying this, pay tons of money to these people.
- ▶ 1:35:02 Ben Gilbert Free of the forces of Facebook and Google and independent of their control.
- ▶ 1:35:16 David Rosenthal All of these incredible advances, this intelligence that we believe is to come, will be for the good of everyone, not just for Google and Facebook.
- ▶ 1:37:23 David Rosenthal Not as much as they could make at Google and Facebook, but still a million or two million dollars for these folks.
- ▶ 3:13:43 Ben Gilbert But is it counting AI overviews, or is it counting AI mode, or is it counting something where I'm, like, accidentally using, like, Meta said that crazy high number of people using Meta AI.
- ▶ 3:19:27 Ben Gilbert So they're very much playing offense in the way that Meta, Microsoft and Amazon are in deploying that capex.
- ▶ 3:29:46 Ben Gilbert Meta, right now, only an application.
- ▶ 3:29:49 Ben Gilbert They're completely out of the race for the frontier models at the moment.
- ▶ 3:29:52 Ben Gilbert We'll see what their hiring spree yields.
Google Part II: Alphabet (Audio) · Acquired
- ▶ 1:49 Ben Gilbert Google Plus to try to compete with Facebook, Google Wave, Buzz, and about half a dozen messaging apps.
- ▶ 33:11 David Rosenthal Oh yeah, also friend feed founder, Facebook CTO, co-CEO of Salesforce, chairman of OpenAI.
- ▶ 58:43 David Rosenthal And Facebook and Meta and TikTok and et cetera.
- ▶ 1:17:54 Ben Gilbert That's a way worse business than, say, Google search ads or Facebook, who, you know, Facebook has influencers on their platforms, too, all the meta platforms, Instagram, and their rev share, if it's anything, sure isn't 50%.
- ▶ 1:25:55 David Rosenthal The biggest number of users on the internet, both Facebook Blue App and WhatsApp are bigger in terms of total number of users, but I think YouTube
- ▶ 1:53:01 Ben Gilbert They sort of took the mantle from Microsoft and had not yet relinquished it to Facebook or later to the Stripe or OpenAI or Anthropic or any of the sort of companies we would talk about in the future as this, like, dense concentration of…
- ▶ 3:15:23 Ben Gilbert In 2007, they tried to do open social, and they basically failed at that because Facebook didn't participate and Facebook was social, so everything else combined didn't really matter.
- ▶ 3:15:36 David Rosenthal The craziest thing is that Google had Facebook before Facebook.
- ▶ 3:15:47 David Rosenthal So there was a Turkish engineer who worked for Google named Orkut Bukokhtin, and his passion was social networking, and Friendster was a thing at the time, and so January, 2004, before Gmail, before the Google IPO, before Facebook launches…
- ▶ 3:19:07 Ben Gilbert and I'm going to take it in a little bit different direction than I think you're probably expecting, which is so therefore they went after Facebook.
- ▶ 3:21:47 Ben Gilbert The whole Chrome and Bing thing was defense against Microsoft, Android was defense against Apple and Microsoft, and Google Plus is now defense against Facebook.
- ▶ 3:21:58 Ben Gilbert And legitimately, you could imagine a world where social ends up becoming way more important, and the only places to put ads, and the places where people are asking for information, and there was rumors for a long time Facebook was gonna…
- ▶ 3:22:16 David Rosenthal Facebook was a walled garden.
- ▶ 3:22:18 David Rosenthal Google search couldn't index what happened inside of Facebook.
- ▶ 3:22:31 Ben Gilbert One tier down from that is Facebook doesn't even allow other ad servers.
- ▶ 3:22:38 David Rosenthal Facebook just hired Sheryl Sandberg.
- ▶ 3:22:40 David Rosenthal They're doing this.
- ▶ 3:22:41 Ben Gilbert They're doing it all in-house.
- ▶ 3:25:51 Ben Gilbert I mean, this is like Facebook's like button.
- ▶ 3:26:13 Ben Gilbert And so Google Plus, from a product perspective, it wasn't just Facebook.
- ▶ 3:26:54 Ben Gilbert You don't need a Facebook when there's already Facebook?
- ▶ 3:26:57 David Rosenthal Facebook was already dying.
- ▶ 3:27:20 David Rosenthal And he's remaking essentially, you know, Facebook into what meta would become of like, hey, what we used to think of as social networking has bifurcated into two things, public media, i.e., you know, YouTube, Instagram, UGC, and private…
- ▶ 3:29:45 David Rosenthal And the quarter when I was taking the class was when Facebook bought WhatsApp.
- ▶ 3:31:51 Ben Gilbert It's funny, the thing that I keep thinking about from the Google Plus failure is this big existential Facebook threat they were worried about.
- ▶ 3:31:57 Ben Gilbert I mean, there was a strategy memo in 2013 where Neil Mohan said, there is a risk that Facebook becomes the starting point of the internet.
- ▶ 3:32:15 Ben Gilbert And Facebook was really freaked out, too, that Google was gonna come in and win it.
- ▶ 3:32:20 Ben Gilbert I mean, Google was like this giant, and Facebook was recently public, going through their own problems, so even though it was kind of like a nothing burger, and Google Plus was a footnote in history, both companies were completely all in…
- ▶ 3:32:40 David Rosenthal Facebook went in a different direction anyway.
- ▶ 3:32:42 Ben Gilbert Facebook went in a different direction, yeah.
- ▶ 3:53:11 Ben Gilbert The gestures on the side, the fact that it could take a photo, I mean, Google Glass was a little more advanced, it could run these, like, very basic text-based apps, but I'm sure when Meta launches their little hologram version of the…
- ▶ 3:53:33 Ben Gilbert Meta's is for normal people, and there is no better metaphor for the cultural difference between Facebook and Google than this.
- ▶ 3:53:47 Ben Gilbert Facebook is founded on the idea that you're trying to be cool.
- ▶ 3:54:01 Ben Gilbert It was crazy watching these demos because I'm like, these are the meta AR demos.
- ▶ 3:56:15 David Rosenthal And just for context, Meta is the next highest count of products in one company with over a billion users.
- ▶ 3:56:23 David Rosenthal They have four.
- ▶ 3:56:24 David Rosenthal The Blue App, WhatsApp, Instagram, and Messenger.
- ▶ 3:56:24 David Rosenthal The Blue App, WhatsApp, Instagram, and Messenger.
- ▶ 3:56:28 David Rosenthal Meta likes to claim they have five.
- ▶ 3:56:30 David Rosenthal They like to say that Meta AI in aggregate has over a billion users embedded across all their products.
- ▶ 3:56:47 David Rosenthal So Meta has four.
- ▶ 4:10:33 Ben Gilbert In addition, our giant episode on Meta is probably pretty relevant, and we referenced it several times.
The Jamie Dimon Interview: How JP Morgan Became an $800 Billion Bank · Acquired
- ▶ 25:37 Ben Gilbert So for the past decade, they've been on a mission to democratize the lessons of the giants, companies like Google and Amazon and Meta.
Google Part I: Origins of Search. How the Best Business in Human History Happened (Audio) · Acquired
- ▶ 27:29 Ben Gilbert Kind of like Mark Zuckerberg got years into Facebook before realizing, oh, this is my company.
- ▶ 35:41 David Rosenthal Well, hey, I guess if Facebook
- ▶ 2:28:16 David Rosenthal And this is when Google discovered what we talked about on our meta episode, when Boz Andrew Bosworth, the CTO had the insight that more ads equals better ads.
- ▶ 2:32:42 Ben Gilbert That was what she did at Google before going and becoming COO of Facebook.
- ▶ 2:35:32 David Rosenthal There's a third statement that you need to add to, you know, Boz's insight from the Facebook days of more ads equals better ads.
- ▶ 3:03:34 Ben Gilbert Meta.
- ▶ 3:08:25 David Rosenthal It's, you know, Facebook, slash Meta, Alibaba, Shopify, Spotify.
- ▶ 3:12:04 David Rosenthal Amazon's PE is 35, Microsoft is 37, Nvidia is 46, Apple is 30, and Meta is 27, and Google Alphabet is down at 20.
- ▶ 3:31:07 David Rosenthal Facebook really is that company.
- ▶ 3:31:43 David Rosenthal Google was that company, and then Facebook was that company.
The Steve Ballmer Interview · Acquired
- ▶ 1:01:06 David Rosenthal This trend started with Web two dot O companies like Facebook and Netflix and Airbnb.
- ▶ 1:01:38 Ben Gilbert So Facebook could set a company-wide goal like increasing time in app and let individual teams go and figure out how to achieve it.
- ▶ 1:34:53 David Rosenthal You wanted to buy Facebook.
Indian Premier League Cricket (Audio) · Acquired
- ▶ 2:57:25 David Rosenthal Facebook invested 5.7 billion dollars for a 10% stake in this new subsidiary of Reliance.
- ▶ 3:45:00 David Rosenthal Google and Facebook are extremely credible bidders here.
- ▶ 3:45:09 David Rosenthal And in 2017, Facebook bid on the digital rights and lost.
- ▶ 3:45:16 David Rosenthal Google and Facebook, you could say they're credible bidders for any media rights anywhere in the world.
- ▶ 3:45:36 David Rosenthal And then Facebook and Meta probably care even more because India is, I believe, the largest user base for WhatsApp.
- ▶ 3:46:03 David Rosenthal Basically, I think you have to get Google in meta bidding.
TSMC · Acquired
- ▶ 24:22 David Rosenthal TI, this is the place, this is like Google plus Facebook.
- ▶ 1:43:30 David Rosenthal So, I mean, as we've talked about on the show forever at companies like Facebook or Netflix, data was just a part of how everything was built, which contributed to all the crazy bottoms up organic growth that they had.
- ▶ 1:56:18 David Rosenthal You know, this is not Facebook here.
- ▶ 2:19:22 Ben Gilbert I probably wouldn't say it is above Facebook, Amazon, Apple, Microsoft, Google, in terms of pure value creation in the world.
- ▶ 2:20:16 David Rosenthal Those are very, very strong moats, but we've seen all of those, you know, they've changed their new companies, they've emerged, they've, you know, Microsoft fell and then now it came back with new strategy and Facebook's not that old and…
Mars Inc. - The Chocolate Story (Audio) · Acquired
- ▶ 1:34:16 David Rosenthal So we said on the meta episode that we thought Facebook was the first open office.
page 1 of 13 · 100 scenes per page · newest episode first next →