MSCHF founder Gabe Whaley discusses why tech brands misunderstand product drops with TBPN hosts John Coogan and Jordi Hays.
Assertion Not checkable as stated
Whaley: MSCHF covertly replaced a Met Museum sink piece by piece
“And so we found the sink. We did recon. We not me. I'm not, I, it wasn't me personally. It was somebody here. But we found, you know, we tracked down the serial numbers, the parts ordered exact, like replica. We ordered the exact same parts, built it here, tie…”
Assertion Supported
Whaley: MSCHF Replaced a Met Museum Sink Bolt-by-Bolt Over Months
“We found the sink, we did recon, we not me, I'm not, I, it wasn't me personally, it was somebody here. Names. But we found, you know, we tracked down the serial numbers, the parts ordered exact, like, replica, we ordered the exact same parts, built it here, ti…”
Disclosure
Whaley: MSCHF built initial audience by Venmoing users one cent each
“Our first audience portal was Venmo. We had a huge audience on Venmo and we like had this huge phone bank like a Chinese phone click farm. And we, every time we had a new project, we would Venmo our audience a penny and they would get that notification because…”
Insight
Whaley: Major brands like Coca-Cola are simply artistic raw material
“There are brands and entities in culture that we perceive as cultural material, the same way artists looks at their material as, like, paint or sculpture or marble or whatever. Like, for us, Coca-Cola is material. Give us that. And we'll make something new wit…”
Opinion
Whaley: Content marketing ROI is dropping due to massive oversupply
“And right now you can either just make more content, which honestly the ROI I think is going down on that. There's too much content and not enough demand. Sorry. That's just how it is.”
Insight
Whaley: Brands overspend on execution because they fear untried ideas
“What you typically see a lot of brands do is they're afraid of good ideas because good ideas have not been done by definition. So they lean more on the execution and you see like large budgets and like, Huge bloated teams and production.”