Opinion certainty 3/5 debate potential 3/5

Guo: Consumer social's future is direct monetization as brand deals vanish

Lucy Guo · How Lucy Guo Is Building A Creator Empire with Shaq, Kygo & Olivia Dunne | Passes · Sourcery with Molly O'Shea · Dec 13, 2024 · at 2:29

Lucy Guo, founder of creator monetization platform Passes, explains how algorithmic instability and declining brand deals are reshaping consumer social apps.

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“I mean, I'm very biased, but I think the future of consumer social is what we're building right now, because right now creators are finding that they don't like the algorithm because it's so unpredictable and that brand deals are just really disappearing.”

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Disclosure
Lucy Guo: Passes Creators Conceal Earnings From Managers to Dodge 20% Cut
“We definitely have had an issue where creators didn't want to tell their managers or their agents how much they're earning on passes because they would have to pay 20% to them even though they weren't even involved in passes. Yeah, like, we have had creators t…”
Lucy Guo Dec 13, 2024 ▶ 10:43 How Lucy Guo Is Building A Creator Empire with Shaq, Kygo & Olivia Dunne | Passes · Sourcery with Molly O'Shea
Prediction Open · timeframe Dec 2027
Guo: Passes will reach a billion-dollar valuation just by acquiring creators
“If we're being very blunt, like, I think we will reach, like, a billion dollars doing nothing more except getting new creators, but obviously, like, we have bigger ambitions than that, right?”
Lucy Guo Dec 13, 2024 ▶ 12:12 How Lucy Guo Is Building A Creator Empire with Shaq, Kygo & Olivia Dunne | Passes · Sourcery with Molly O'Shea
Insight
Guo: Fans Discovering New Creators Double Spending Rather Than Cannibalize
“I think there's like a common misconception where like if A fan, like a fan spends on one creator and it moves to another creator. They spend less on like the previous one, but we've seen that they just ended up spending like double.”
Lucy Guo Dec 13, 2024 ▶ 21:30 How Lucy Guo Is Building A Creator Empire with Shaq, Kygo & Olivia Dunne | Passes · Sourcery with Molly O'Shea
Disclosure
Guo: Passes dropped Web3 features because creators distrusted crypto
“But we noticed that creators have a huge distrust In Web Three, and we were losing out on a lot of creators. Like, they weren't willing to join passes because we were Web Three, and ultimately, at the end of the day, like, creator acquisition is, like, a numbe…”
Lucy Guo Dec 13, 2024 ▶ 22:22 How Lucy Guo Is Building A Creator Empire with Shaq, Kygo & Olivia Dunne | Passes · Sourcery with Molly O'Shea
Assertion Not checkable as stated
Guo: Some Passes creators earn $100K monthly posting neck-up selfies
“A lot of our creators will make money literally just doing, like, a neck up selfies, and they're still making, like, a 100,000 a month.”
Lucy Guo Dec 13, 2024 ▶ 24:43 How Lucy Guo Is Building A Creator Empire with Shaq, Kygo & Olivia Dunne | Passes · Sourcery with Molly O'Shea
Prediction Not checkable as stated
Lucy Guo thinks college sports will surpass professional leagues in the future
“And I actually think that in the future, college sports will be bigger than professional leagues.”
Lucy Guo Dec 13, 2024 ▶ 25:51 How Lucy Guo Is Building A Creator Empire with Shaq, Kygo & Olivia Dunne | Passes · Sourcery with Molly O'Shea
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