Uncapped #25 | Lulu Cheng Meservey

Lulu Cheng Meservey is the leading voice in the new age of PR and comms and is the founder of Rostra, an advisory firm helping founders go direct. Lulu has been a trusted voice for founders like Palmer Luckey at Anduril, Eric Glyman at Ramp, and Brian Armstrong at Coinbase. She previously ran corporate affairs and communications for Activision Blizzard and was the head of comms for Substack. Lulu writes an acclaimed newsletter called Flack, where she proposes her new playbook for communications and shares tactical advice for how to help win over the people who matter, without wasting time or inducing cringe. A few memorable moments: Aura is code for good communicator People like to have assumptions for the level of celebration you deserve The correct version of this company has him in it Words that mean the same thing aren’t perceived the same way Comms is the last thing to be uniquely human --- Timestamps: (0:00) Intro (0:50) Comms having a moment (3:43) Breaking through the noise (6:30) What makes a great story (9:58) Creating story arcs (17:29) Flow and stock (20:29) All press is good press (23:25) Leaning into authenticity (28:10) Word choice (35:09) Impact on recruiting (42:48) The business of comms (45:48) Comms predictions (48:18) Tech & media relationship --- More on Lulu: https://x.com/lulumeservey https://www.getflack.com/ https://rostra.co/ More on Jack: https://www.altcap.com/ https://x.com/jaltma --- https://linktr.ee/uncappedpod Email: [email protected]

• 0:00Speaker 00

  The thing that I have extremely high confidence in is that comms is the final bastion of human ability, where 10 years from now, 50 years from now, the ability to persuade and win over and make other people fall in love for other humans will still be uniquely human.

• 0:22Speaker 01

  I'm really happy to be here with Lulu today. Lulu, I was just asking you before, like, what's the right way to introduce you? The way I would describe you is like a startup whisperer for comms behind like, you know, amazing companies, amazing investors. I don't actually know the full scope of how you do what you do and what it all is, but it's really incredible. And you're one of the most thoughtful people on how people communicate, position things. And so I'm really excited to talk about this and learn from you today.

• 0:48Speaker 00

  Thank you. Yeah, I'm stoked.

• 0:49Speaker 01

  Why has comms been having like the moment that it's been having? And I feel like in the last few years, people have started like, understanding what it is better and dissecting it and applying it and being more thoughtful. I think comms people have started to get paid more, which is appropriate. I think you can really feel it online, the companies that have it nailed and the ones that don't. But like, why has it become more of a thing in recent years seemingly?

• 1:14Speaker 00

  I think we're all just pattern recognition machines. And when we're seeing that the companies where the founders have the most aura, and the companies that have built these impressive cults, and the companies that have the best reputations are getting the best people and are winning and are worth the most, then the founders coming up say, I want to do that, too.

• 1:35Speaker 01

  It feels like even though, so like even that word aura.

• 1:38Speaker 00

  Yeah.

• 1:38Speaker 01

  I feel like there have been more of these lately where I'm like, there's cracked kids and there's like, we have a lot of aura and there's like vibes. And it seems to me, maybe this was always happening, but it feels more lately that people are more attuned to these words and these positions and what's the energy of the company and the thing. Does it feel like that to you?

• 1:58Speaker 00

  Yeah, and it's actually hand in hand with people caring more about comms and how they're perceived. Like aura is code for how good of a communicator you are. You can't be bumbling your way through a sentence and not able to describe what your company does and then still have aura as a founder. That's very difficult. So I think that people are just seeing the pattern that the people with stronger reputations that other people think more highly of and are more impressed with are the winners and they're trying to figure out ways to recreate that. And so some are trying to do it with these cinematic videos and some are trying to do it with various forms of aura farming. Some are hiring online influencers, which I'm a little bit egged out by, but everyone's trying to approach it in these different ways. But there actually is time-tested grand strategy for how to

• 2:43Speaker 00

  curate a reputation. If you take a holistic approach, it is like you start with what are you trying to achieve? And it's not what I want to try to achieve is people love me and think I'm great. What I want to try to achieve is to save the US military innovation future by equipping them in the right way, or to build the software engineer of the future, or to build superintelligence, right? And that's what I want to achieve. And as a means to that end, what do people need to know about me? Obviously, it has to be true, but out of the set of 10,000 things that could be true, what are the things that people care about and that are useful for this project? And so thinking about it through those terms, sometimes it'll lead you to doing the standard checklist of like

• 3:27Speaker 00

  video influencer tweet a lot, whatever. But sometimes it'll lead you to launch a fellowship program, host a competition, turn down certain opportunities. You know, it might actually be outside of distribution compared to what you're seeing other people do.

• 3:43Speaker 01

  When you think about like the most successful comms, either just campaigns or chapters or people or companies, is it more about clarity in what they say? Or is it more about like the way they say it and what the personality that they show as they do those things? Because, you know, like I think having a clear mission and clear articulation is really good, but we can all think of these examples where like many companies are all basically saying the same thing, but for some reason, everybody wants Wants this one to win. And when people want this one to win, it becomes easier for them to win.

• 4:11Speaker 00

  Yeah.

• 4:11Speaker 01

  It's like, what is, yeah, what's the balance here?

• 4:13Speaker 00

  Yeah. So two things, the what and the how are both more useful and important than the where. Have you seen this comic of Waldo sitting at a bar and he's looking sad? And he's got a drink and the caption is, nobody ever asks, how is Waldo?

• 4:30Speaker 01

  I love that.

• 4:31Speaker 00

  Everybody is always saying, which podcast can we go on? Nobody ever asks, how do we get people interested once we're there?

• 4:37Speaker 01

  Yeah.

• 4:37Speaker 00

  So the what and the how are both important. I will say one thing that people probably underrate is that if people just like you in their gut, they will figure out ways to try to help you be successful. And they will kind of retcon to themselves the thing that they heard and how compelling it was. They'll just like help you inside their own mind.

• 4:56Speaker 01

  Yeah, it's like one of the founder archetypes I think about a lot is not like, you know, there's, there's many intersecting things that are very valuable. Like there can be visionaries and there could be deeply technical people. But there's also this type or this characteristic that can overlay, where people are just so magnetic, so likeable, so just pure seeming whatever. We're just, the whole world wants to see them win. And I think, I don't know what that is, but that seems like a very important thing here.

• 5:20Speaker 00

  A lot of it is pure, honest conviction and confidence. This is what, you know, you and I can't get through a conversation without talking about Napoleon. So we'll get to that. But some of it is if you just have complete confidence that this thing that you're doing is right and you're going to win and it's inevitable. And you just simply share that with people, they will feel that emanating from you. And it's very hard to resist. And this is true in the past when people have had to run into a storm of bullets in order to achieve this thing that you've told them must happen and will happen. Or today, if people need to leave their jobs and come, you know, turn their lives upside down to work with you. So I, I think some of it is just like another human being telling you with complete confidence and conviction that this is the thing that's going to happen. And that's the thing that AI will not be able to take away from us. So we'll, we'll see.

• 6:04Speaker 00

  But, but you know, AI will be smarter and better than us in many ways. And people who deny that are just coping. A lot of these like AI can already do it better than me, but it needs me doing. It's like, no, you're just asking for a DEI program for yourself as a human, you know, like it's like. AI can do better, but for convincing other humans, I think we'll always take humans. I think that actually communication will be the skill that humans need.

• 6:30Speaker 01

  When you start work on helping a company position itself or get its brand right, and you think about stories, what goes into that for you? And so like, you know, what I'm imagining is I got to like tour the like Pixar studio one time and like meet some of the people there. And it's like the thoughtfulness and the deconstruction of a great story is just such a science. And I'm wondering if you could break down what's the, what are the lenses or the attributes of a great story in tech?

• 6:58Speaker 00

  Every great story has a problem and a resolution. And the way people think about where you're headed from here is by thinking about where you are on that curve. You know, what goes up must come down. Pride comes before the fall, darkest before the dawn. We have all of these different phrases for things meeting a resolution is the same way that supposedly Eskimos have so many words for snow. It's because we have this deep, deep attachment and commitment to seeing stories through. So we assume in our heart that every story has to have a problem that then gets resolved somehow. And if someone flies too close to the sun, they have to come crashing down to earth. And if it doesn't happen, if the story was Icarus then flew happily away. It's not a story.

• 7:42Speaker 00

  Or if somebody crashes down and doesn't make their way back up, if we were to see a movie like that, we would not be able to sleep. People would hate that movie and not know why. It's like this uncanny valley of a story that was caught ahead in the right direction, but didn't quite get to the other side. And so every story has that arc. A narrative arc is literally an arc. It goes one direction and then it comes back the other direction. The way this is relevant for founders is you need to help people understand where you are on that arc and where the arc is headed. You don't get to choose that there's an arc and that people will think there's an up and a down and a start and a beginning, middle and. But you, you get some agency in where people think you are on the arc. And if people think that you have crested or you've already hit the apex and your past

• 8:27Speaker 00

  days are behind you, then they assume that you must be coming back down. Or if people feel that you're actually just hitting the knee of the curve to go up, then they assume that some greatness awaits in the future. You so so you get to choose, are you on this kind of an arc where you've already passed?

• 8:45Speaker 01

  Yeah.

• 8:45Speaker 00

  The the apex.

• 8:46Speaker 01

  Always an arc.

• 8:46Speaker 00

  Yes. Or do you get to choose whether you're on this part of an arc? And you've come through struggles and you're destined for greatness. So what is the arc? Where are you on the arc? And people will fill in the rest of where they assume you're gonna go and where you deserve to go.

• 9:01Speaker 01

  I guess also, companies need multiple arcs, of course. And so you think about the companies that have gone really far. There have probably been so many minor and major arcs and resolutions. And then there's a new tension that's created and resolved. And I guess that's a big part of it, too.

• 9:16Speaker 00

  Yeah.

• 9:16Speaker 01

  It's like, you almost need to create the next tension point for the next story.

• 9:19Speaker 00

  It's sort of like the S-curves of technological adoption. You know, there's you can be on one S-curve, but you know that there's others coming. You know that there's a there's a bigger arc. It's sort of like in, um, what was, oh, Men in Black? Where there's like a universe in the universe and another universe. Or like the stock market where there's the zigs and theags every day. But then you can zoom out to the month or the year. And then over the decades, like each of the ups and downs are part of some bigger up and down. The point of this for founders is just you, if you know that people think this way, then you have to be really conscious about where you are positioning yourself on those arcs, because people will judge you by that. And that's, um, it'll shape their expectations on if you're headed up or down.

• 9:58Speaker 01

  So how do you create those arcs? Like, if you're sitting there and you're running a

• 10:02Speaker 00

  Yeah.

• 10:03Speaker 01

  early-stage company, or maybe it's not so early-stage, how do you make an arc?

• 10:07Speaker 00

  There's two things that you need people to believe. So first of all, imagine that people's opinion of you is like a living, is like a living thing. And and the story that the, uh, take a set group of people, that's your audience. Like, let's say that, um, my company needs to hire software engineers. And I'm talking to like Bay Area software engineers. And that's the people that I care the most about. Among those people, my story will be kind of a living thing that has a homeostatic set point. Like, um, your body temperature, sorry, this is like such a long roundabout way to the answer. I'm like,

• 10:41Speaker 01

  Here we go.

• 10:42Speaker 00

  Unfortunately.

• 10:44Speaker 00

  I'll lay out the ingredients and then I'll put them together. Imagine that the the story among those people is a living thing. And imagine that that living thing has a homeostatic set point this the way that your body temperature does. Your body temperature doesn't have really like a neutral, you know, it's supposed to be at ninety eight point six, let's say. Is it still that? There's like some new science.

• 11:05Speaker 01

  I don't know.

• 11:05Speaker 00

  Let's, let's say.

• 11:07Speaker 01

  Let's call it that.

• 11:08Speaker 00

  If it's above that, then the body will regulate to bring the temperature down. If it's below that, it'll regulate to bring it up. If it's far below that, it'll try really hard to heat up. The way this translates to the story is people have an assumption of the level of celebration you deserve.

• 11:27Speaker 01

  Interesting.

• 11:28Speaker 00

  Right? Like how good you are and how much reputation you deserve.

• 11:32Speaker 01

  How do people decide that?

• 11:33Speaker 00

  Let's get to that because you you you want to try to engineer it.

• 11:35Speaker 01

  Yep.

• 11:36Speaker 00

  If you're above that, people think you're overrated and they want to bring you down and they don't like you. If they perceive that you're below that, then you're underrated. Like underrated is a compliment. Why is it? Why is it a good thing to be poorly rated? In my mind, it's sort of like you fumbled. Like, what do you mean you're not well rated? Like, go fix it.

• 11:53Speaker 01

  It's an interesting point.

• 11:54Speaker 00

  But underrated is a compliment. Overrated is an insult. You would think that being highly rated is good, but overrated is not. So people want to fill that delta.

• 12:01Speaker 01

  Yeah.

• 12:01Speaker 00

  If they think you're underrated, they'll try to bring you up. So this is like what people, we'll get to this too, but this is what people have been saying about Google Gemini. It's underrated. It's like it's high status to say.

• 12:11Speaker 01

  Yeah, it's a compliment, but it's.

• 12:13Speaker 00

  It's a compliment, but it's also like seen as insightful and valuable and useful to point out that Google Gemini is good.

• 12:20Speaker 01

  That's true. Yes, people feel good when they make that point.

• 12:22Speaker 00

  Yeah, they're like, I'm pointing this out. So I'm I'm righting some kind of wrong in the universe. I'm feeling that imbalance.

• 12:28Speaker 01

  People also feel good about themselves when they call it something overrated. People just feel good about identifying the discrepancy.

• 12:32Speaker 00

  We're all kind of reputational Karens.

• 12:34Speaker 01

  That's interesting.

• 12:35Speaker 00

  We want to like bring people and companies to the level that we think they should be at.

• 12:40Speaker 01

  People feel really smart. I'm thinking specific people who think really smart when they make these points.

• 12:44Speaker 00

  All of us. It is all of us. We feel off. When something isn't where it should be. And that's why all these phrases exist. So anyway, when you are the founder and you want people to think of you well, you want people to think that you're underrated because you want people to think that your true value is even higher than the market is placing on you right now. Even if that's high, your true value is like even higher and your best days are ahead of you. And things are, even if they're good now, they're going to be amazing in the future. Right? And so how do you get people to think that? Well, there's two points that are relevant. One is where should you be valued? Like, what is the correct homeostatic set point for your story and reputation? And the other is where are you now relative to that?

• 13:29Speaker 00

  So where a founder would go wrong would be if you are saying, our mission is to do this thing and we are achieving it. Then people are like, oh, have you already? You were meant to go here and now you're here. Like, so founders will talk a lot about mission statements. And I think a lot of mission statements are either so lofty and generic that they don't mean anything. And so people don't have a set point, they'll just make one up. Or they're so current and not sufficiently timeless that people feel like, oh, you did it, like, what now?

• 14:03Speaker 01

  Yeah.

• 14:04Speaker 00

  So choosing what the natural endpoint is and then choosing how to show people where you are relative to that.

• 14:09Speaker 01

  It's an interesting point about not wanting to seem overrated because you, there's also, you know, you wanna, you wanna be relevant and you want people to take notice. And usually people do that through, look what I'm, look what I've done and look what I've built and look at these customers I have and all of those things. So it's an interesting balance where you're trying to, in a weird sense, be very loudly underrated or something like that.

• 14:32Speaker 00

  Yeah, yeah.

• 14:33Speaker 01

  Yeah.

• 14:33Speaker 00

  Crypto was a good example of this. NFTs were a really good example of this, where I happen to agree, there was like some natural. Value that NFTs could have had, but it just soared so far beyond that.

• 14:50Speaker 01

  It got crazy.

• 14:51Speaker 00

  Got crazy.

• 14:52Speaker 01

  And you saw people trading things where you're like, I can print. And everybody kind of was like, this doesn't make sense. And at the same time, these things are trading for millions of dollars.

• 14:59Speaker 00

  Mm hmm. Yeah. Open Doors is an interesting example. Now, my friend Kaz, who used to be president of Shopify, uh, went to go run the company. And things have been bumping overnight because people are just optimistic about where the new natural set point for the company is. He's going to be making a lot of changes to product and R and D and to the team and culture. He's already started announcing some of them. None of those materialized in the first 24 hours. The only thing that materialized was this guy who showed up and said, I'm gonna do this. So the pretty significant jump in the stock was based on trusting him, liking him, believing that he can get it done, right? It wasn't actually anything that happened in those 24 hours, but people reset what they thought was the homeostatic set point for that company.

• 15:42Speaker 01

  And then all of a sudden it was underrated.

• 15:44Speaker 00

  All of a sudden it was underrated, undervalued.

• 15:46Speaker 01

  That's right. Do you think all companies just necessarily have to go through these ups and downs? Are there examples of a company you've ever worked with that just like stayed maybe not right on the line, but that didn't have the dramas of the ups and downs and kind of just hung pretty close to homeostasis on its way up?

• 16:02Speaker 00

  I think the more ambitious a company is, the harder it is to stay steady with that. If you're ambitious, it's sort of like some of the most ambitious companies in the world today are these big AI labs. They're making massive, massive bets. And each of these bets, if they pay off, lead to massive, massive returns. And if they don't pay off, could lead to just complete object failure and destruction and ruin and humiliation, right? And the way that this works is it pegs to your narrative. Like there's volatile ups and downs and the, the slopes are just steeper. Whereas if you are a very steady kind of consumer company of, of.

• 16:40Speaker 00

  Your, like Chick-fil-A, you know, pretty much like

• 16:44Speaker 01

  They've had some dramas.

• 16:45Speaker 00

  They've had some dramas, but the dramas didn't really seem to affect the chicken consumption.

• 16:49Speaker 01

  No, people still like the sandwiches. You're right.

• 16:51Speaker 00

  It's like, if you like these sandwiches, come and eat them.

• 16:53Speaker 01

  Yeah.

• 16:54Speaker 00

  You know, and now with Maha, people are saying these sandwiches will kill you, but the people who were eating the sandwiches weren't eating them because they thought they were healthy.

• 17:01Speaker 01

  Yeah.

• 17:01Speaker 00

  So, so

• 17:02Speaker 01

  I think there's also some health kicks that goes, like, even just broad health kicks, like, you know, how bad are microplastics? People are like, it's terrible. And they're like, ah, whatever.

• 17:11Speaker 01

  Just doesn't seem to matter. We're still using a lot of plastic.

• 17:14Speaker 00

  Yeah, like the Plastic List Project came out with those Fairlife.

• 17:19Speaker 01

  Yeah.

• 17:19Speaker 00

  Those core power.

• 17:20Speaker 01

  Yeah.

• 17:21Speaker 00

  Core Power shakes.

• 17:22Speaker 01

  Yeah.

• 17:22Speaker 00

  Had a ton of phallates.

• 17:23Speaker 01

  Yeah.

• 17:24Speaker 00

  And went over there and, you know, there's one in the fridge. I'm drinking it. It's like, yeah.

• 17:27Speaker 01

  There's like a whole lot of stuff, whatever. There's a whole other lens that you've spoken about that, you know, is if what we just described is sort of like the flow of the up and down. There's another lens you've talked about with like circles in storytelling and that that's more like the stock of where you're at. Can you talk about that?

• 17:42Speaker 00

  Yeah. Yeah. I think about flow and stock. So like, flow is more like a trajectory of where are you going? And, and drawing out the long arc for people and telling them what to expect. And stock is more like, at this moment in time, what do you say? Okay, a bad recipe for this is what sounds good, what's going to get the most engagement? Good recipe for this is based on what I'm trying to achieve. What is the circle of things that are true? And then what is the circle of things that are relevant and interesting? And then what are the circle of things that are strategic or helpful to the business? So let's say that we're starting a, what company should we start?

• 18:22Speaker 01

  An AI personal tutor.

• 18:24Speaker 00

  Okay, we're starting an AI personal tutor. And the circle of things that are true about us are that we have, we have discovered that one-on-one tutoring immediately puts you in the 99th percentile of student results and that it's worked throughout history. There are military studies that confirm this and that people want this for their children because there's so much controversy about schools being a mess. And there's facts about Jack is a repeat founder who you would be the CEO of Chief Staff. And so like Jack is a repeat founder and has scaled and grown companies and has seen these and has children of his own. He's a father. Then the circle of things that are

• 19:04Speaker 00

  relevant to today are everybody's excited about AI, looking for real use cases and solid business models, that the education system is in high controversy and tumult, and that this next cohort of kids who are now in K through 12 are going to graduate into a world where AGI has made it very unpredictable how they're going to make a living. And then the circle of things that are helpful to the business are easy to use, we partner well with schools, we can layer on top of traditional schooling, you don't have to go full homeschooling in order to use us. In order for us to decide, like you're going on a podcast today, and how are you going to describe the business? We would want to look at the overlap between all three of these circles. So there are things that might

• 19:49Speaker 00

  be true and relevant, but not helpful. So maybe it is true that you, what's your, what's one of your hobbies?

• 19:59Speaker 01

  Music.

• 19:59Speaker 00

  Yeah, like you're really into music. And it is relevant because there's some study that music helps with neuroplasticity in young children and helps to form a stronger brain. But we're not ready to offer that product yet. And if we advertise it, it doesn't actually help us right now. So like, that's not useful. And you could go through all of these examples. There are companies today that have left out the third circle of is it useful and strategic?

• 20:29Speaker 01

  There's this question of like, is all press good press? And like, we could say something right now. If I said, say something to just try to make this next 60 second clip, do the rounds. Don't worry about any other variable. Just do the rounds with the next 60 seconds. You could say something nuts and make sure that this clip went viral.

• 20:46Speaker 00

  Yeah.

• 20:47Speaker 01

  But that doesn't necessarily help. And I'm curious, actually, your take on this specifically of this, like, all press is good press thing, because this is like, you know, taking the circles analogy. This is basically saying, if I'm just gonna go nuts on relevance, I'm gonna drop the other stuff. There are a lot of people who think that's good.

• 21:03Speaker 00

  Yeah.

• 21:04Speaker 01

  I think, based on your framework, you're actually kind of implying it's not.

• 21:07Speaker 00

  You could potentially super handicap yourself in the future. So imagine that you're saying something that is true about you and it is relevant, but it is not useful to say. So there's a lot of controversy about, is it useful for Cluey to say cheat on everything? And then they're explaining, well, cheating isn't technically cheating.

• 21:23Speaker 01

  Exactly.

• 21:23Speaker 00

  It's a very valid question to ask, is that useful for the business? Because now you have distribution and let's say you reach millions of people and you've told those millions of people that your ethos is cheating and you're building products really quickly. And so now your question is gonna be, is that useful for the business we're trying to build? Well, if the business is figuring out a way to make a sizzly video no matter what, then it would be. If the business is, let us record your screen and trust us with your data, then it might not necessarily be. So it's worth looking at all three of those.

• 21:51Speaker 01

  I guess the gamble could be, can you change your narrative over time? In other words, like, let's take that Cluey case study.

• 21:56Speaker 00

  Yeah.

• 21:57Speaker 01

  Can you get a huge amount of distribution with something that feels a little, you know, tricky next to the trust us with your information kind of thing? But then can you basically get to that place a year from now with a lot of distribution and say, we actually have a way to now navigate the other side of that and have a new story that matches, but now we have the distribution. Like, do you ever see that? Or do you think it's really hard to change the ethos of what the company was to try to make those kind of moves?

• 22:23Speaker 00

  I think anything is doable, but it is hard, especially if it's something that accrues to personality and trust, because people can believe that your business model will change. So like, Figma literally changed who they were as a company in the sense of like, they changed what they were focused on as a business. But if you're somebody who trusts Dylan Field to steward your data and to care about you as a customer and as a person or as an investor, you would trust him no matter what.

• 22:46Speaker 01

  He's an amazing example, by the way, of somebody that everybody just always wanted to see him win.

• 22:49Speaker 00

  Yes, everybody wants to see him win.

• 22:51Speaker 01

  And he even got the narrative arc with the Adobe thing and...

• 22:55Speaker 00

  Yeah, yeah, yeah. And he's been winning and we still wanna see him win even more, because we think that the correct level of winning for Dylan has not achieved yet.

• 23:02Speaker 01

  That's right, yeah.

• 23:02Speaker 00

  Has not been achieved yet.

• 23:03Speaker 01

  Yes.

• 23:04Speaker 00

  You know, Dylan could say today, I'm starting a new company that does who knows what, and everybody would be...

• 23:09Speaker 01

  Like, I hope he wins.

• 23:09Speaker 00

  Yeah, exactly.

• 23:10Speaker 01

  Absolutely.

• 23:11Speaker 00

  So it's harder to... Pivot who people think you are as a person because either you're flighty and fickle, you know, as an adult.

• 23:22Speaker 01

  Sure.

• 23:22Speaker 00

  Or something doesn't add up and something wasn't true before.

• 23:25Speaker 01

  Here's an interesting question. Do you feel like who people are from a comms perspective is what it is and you're basically just trying to expose the truth more? Or are you more of the view that we can actually position somebody? Like when you work with somebody, are you like in your head, are you like, you're actually this way, but we're going to make you seem this way a little bit more? Or are you like, we're going to expose true attributes about you, but we can only work within the confines of what's true about you?

• 23:50Speaker 00

  I think more the latter. I think there are different archetypes of people, but you gotta lean into the thing that you are. And it's like Charlie Munger said, you can always invert, like everything has two sides. And so if someone is more remote and more cold and they're not like the warm and fuzzy type with people, to try to position them as that because you think people want a manager that has empathy is just hard. It's gonna come across uncanny valley where it's like, I see what you're saying, but I don't feel it. Whereas if you actually lean into this is a technical genius who is in the lab cooking up something amazing and you can be part of this team, you'll attract people who want that and that's actually the right thing long term.

• 24:33Speaker 00

  What you don't want to do is bait and switch someone into joining the company, for example, because they think that they're working for this type of guy. And then that guy just doesn't actually show up to work. He was only on the podcast.

• 24:43Speaker 01

  Yeah, you basically have to lean into authenticity, but you can choose which parts of somebody's overall shape to emphasize.

• 24:49Speaker 00

  Yeah, most people don't know you as a founder personally and they don't get to shape. So, so there's like, there's like the, the, the true authentic platonic ideal of Jack and that includes all the things that are true about you properly weighted. You as a full person and that's, you know.

• 25:09Speaker 01

  That's like what, like my, hopefully what like my wife would know.

• 25:11Speaker 00

  This is like between you and your wife and God, like that exists.

• 25:15Speaker 01

  Complete picture.

• 25:16Speaker 00

  Yeah. And then there's the people who know you personally and for the sake of simplicity, let's include people who are very close to you as well as people who are just like friends and these are people who actually directly know you and form some opinion that's like a resembling Jack-ish homunculus of you.

• 25:32Speaker 01

  And then there's the world.

• 25:33Speaker 00

  Then there's the world and the world, maybe they have this parasocial relationship with you, but basically they see some even more mini version of you refracted from afar. This is like the Walter Lippman theory of the, the purpose of the media originally is that the world has too much data for us to actually take in. And therefore we need something to compress it down to us for a little, almost like a metaphor of the world that we then use. And so like the model of Jack that people will make will be some version of you. You get to have some influence over that version. It still is based on this.

• 26:02Speaker 01

  Someone watching this right now, it's like, this isn't a normal setup. Like there's like cameras and lights and what, microphones and whatever. And so it's like, there's just no way for it to be like that. And so then you have this choice of like, what side of you are you gonna expose? And I do think some people choose to just be like, whatever, I'm just gonna be who I am. And some people think about it a lot more.

• 26:20Speaker 00

  Yeah. It's worth thinking about what are the things you want to intentionally highlight about yourself, you know, as long as it's also one of the things that's true. If it's a subset of the things that's true, you can choose like, these are the traits that are most relevant and useful for the business, for people to know about me and I want to highlight those. It's like, you know, when anchors go on TV, especially Fox, they wear a ton of makeup, which you and I should have done too, just slather on the makeup. And that is to like, highlight their features so that it, so that it's still, in person, it looks almost macabre, but like through the camera, it looks normal. And so for, for your personality traits and the things about you, you almost have to amplify them beyond what is normal in, in this kind of a setting so that it really reaches the world.

• 27:00Speaker 00

  Like if you and I were just hanging out today and you told me one story about how you want to run your fund, like 10 times, it'd be a little much for me. But if you're moving through the world and you tell that story 10 times.

• 27:12Speaker 01

  And given personally hears it like once, one and a half times or something.

• 27:14Speaker 00

  Yeah, or like zero.

• 27:15Speaker 01

  Or zero. Yeah, point five times maybe if you're lucky.

• 27:17Speaker 00

  Yeah.

• 27:18Speaker 01

  I think about this a lot with, um, just like companies doing marketing. I remember at Lattice, like in the early days when we were just, you know, first doing this, our team would be like, oh, we've said this so many times. I'm like, yeah, inside, but outside, it's like no one's heard it. Like zero people know about Lattice, so we gotta keep saying it. It's like that kind of idea. And it's weird to repeat yourself so much.

• 27:37Speaker 00

  Yeah.

• 27:37Speaker 01

  But it's kind of what you need.

• 27:38Speaker 00

  Yeah. Like, how many times do you think that? Think different was said in how many places before it stuck with you? Or, you know, like Steve Jobs's stay hungry, stay full of speech. Like, how many places did it have to show up before it like reached you and then actually stuck? Steve Jobs is another great example of this, where the comeback story is like this is his company. The correct version of this company has him in it. And when he's not there, it's not the right version. We don't believe in it. When he's back, it's become the company or it's on the path to becoming the company it was meant to be. And it's like destiny fulfilled.

• 28:10Speaker 01

  Yeah. Can you talk a little bit about maybe some of the like nuances around like choices of words and things like that? Cause I think like so many to that point, you know, like think different or like so many of the, so many of these messages that get repeated are actually quite short. Like you don't get a lot of words, you don't get a lot of attention. Like people can read a tweet at most, they can read like half a tweet better. The choice of words that sound very close but aren't very close, it like matters a lot. And people kind of like speak off the cuff, obviously not you, but like, yeah.

• 28:39Speaker 00

  English is one of the largest languages in the world because we've absorbed so many words from other languages. I heard someone make the joke, they were dunking on France and they were like, well, there's no word for entrepreneur in French.

• 28:51Speaker 01

  Yeah, I like that.

• 28:52Speaker 00

  Like so many of our words, double entendre, like so many of our words come from other places that we've just absorbed. And then we've made a bunch up on our own. And so there's a vast array to choose from. And the words that you choose, actually, not to put pressure on people, but the each word that you choose is should be load bearing. In practice, you can't do this with everything all the time. Like when, whenever this comes out, assuming we don't say anything catastrophic in the rest of this interview, it comes out. I'm going to watch it and listen to like 80% of my words and be like, wow. Yeah, so it's impossible to really do that in practice. But when it's something important, like what are you going to put on this million dollar billboard campaign that you paid for? What goes on your website? What are the five words to describe your company?

• 29:34Speaker 00

  It's not the case that a bunch of words that mean the same thing or the same. The way they sound influences how we feel about them. So like the word sinister, which means it comes from the word for left, because left is bad and right is good, has a different feel, like a different ear feel because of the S and because of the I. Versus words that have rounder feels, give people more of a friendly. So if, if you have. Two words that mean the same thing and one is something with like S's and I's and one is like with O's and B's and the second one will feel friendlier.

• 30:08Speaker 01

  Yeah.

• 30:08Speaker 00

  If there are choices in how to describe your product. So, so one of these examples that I think is pretty famous, I've seen a couple of times is that if there's crime sweeping, let's say San Francisco hypothetically, if there were a crime around here, one day if there were to be, if you wanted to get people to think about this and you had two choices. One choice is the crime is ravaging through the city, just rampaging like a wild beast and we need to get it under control.

• 30:34Speaker 01

  I'd be like, we gotta stop it.

• 30:35Speaker 00

  Gotta stop it. Any means necessary, National Guard, let's go. Right. And then if the second one were crime is a disease that is spreading and it is spreading to more people and neighbors and now you're starting to think like, well, yeah, disease has patients. Exactly. And so you can put people in a different mindset of like, do they want to crack down or do they want to try to send in the social workers through the analogy that you choose and through the words that you choose? Another example here is, actually, can we go to human psychology for a second?

• 31:04Speaker 01

  Please.

• 31:04Speaker 00

  It's just adjacent.

• 31:05Speaker 01

  Yeah.

• 31:05Speaker 00

  Okay. A lot of founders go against the grain of human psychology. Like, we know not everything about how humans form ideas and thoughts, but we know enough. I mean, we know a lot. So here's an example. In prospect theory, we know that people have risk aversion and we know that the willingness to take a risk is basically double if we're trying to avoid downside than if we're trying to get new upside. So like, if you're at the poker table and you might lose $5 versus win $10, you'd have to win at least $10 for you to take the same amount of risk.

• 31:37Speaker 01

  Yeah.

• 31:37Speaker 00

  So the way that startups talk sometimes to, let's say, their customers is, okay, what you've got now is mid and we've got something much, much better. And if you switch, we'll offer you this thing that's much better. You're actually going against the grain of human psychology because you're telling them to take a risk on this newer, unproven startup. And in exchange for that risk, they might get something that's better than what they have now, hopefully, if you're correct.

• 32:02Speaker 01

  Yeah.

• 32:02Speaker 00

  So the image would be like, they're standing on solid land and you're rowing by in this rickety canoe and saying, if you get in my canoe, I'll row you somewhere really awesome.

• 32:11Speaker 01

  But I could drown.

• 32:12Speaker 00

  Yeah, get in my white van. Yeah. What you want is the image of them on a rickety canoe and you are on solid land and you're like, Come to us, we'll, we'll save you. And the way to reverse that would be, sales pitch number one is what you've got, I know you think it's working. It's really missing out on all these opportunities. If you come with us, we can do this, this much faster, whatever, right?

• 32:34Speaker 01

  It's also where like a lot of sales ends up being like, you think that your land is solid, but that's actually quicksand. And all your competitors are doing this thing. And so what looks solid to you right now is going to be gone.

• 32:44Speaker 00

  Yeah, yeah, yeah, that's a good example. So, so a good version where you are going with the grain of human psychology would be that you are currently in the losing state. And your status quo is actually the losing state. And we want to bring you back. Yes. Yeah, yeah, yeah. Your default's screwed.

• 33:00Speaker 01

  I think the default dead thing is like amazing. I, I don't think it was necessarily meant this way. I think it was just like what came, but like that YC sort of, there, there's a Paul Graham post about it. And I think it is extremely poignant for startups.

• 33:12Speaker 00

  Yeah, you're a dinosaur. Meteor's coming.

• 33:14Speaker 01

  And it's basically that you're never stagnant. You're either going up or you're going down. And the default is that you're going down as a startup and you're fighting against that always. And that creates urgency.

• 33:23Speaker 00

  Yeah. But if you're talking to a big enterprise customer, you're talking to like Barclays. They don't think necessarily that they're going to fail, but they should wonder if they're going to fail eventually. If they don't move in the future with you. And so anyway, new sales pitch would be the way things are going with what you're using is going to be obsolete in the next five years. And your competitors are moving to firm land. And what we are offering you is to not only keep what you have, but to cement your grip on leadership.

• 33:51Speaker 01

  A lot of this too, though, is also why it's really hard to start out by selling to those, like it's hard to sell to those big groups. Because they feel stable. It's much harder to incite that story in them than in, you know, an up and coming fintech company who feels default dead every day.

• 34:04Speaker 00

  Yeah, some people will say like, well, Barclays is so much bigger. Sorry Barclays, it's so much bigger, they have more money. Well, if you think about five years from now, the companies that are going to have the most money, the most influence, highest rate of growth is probably not going to be Barclays. It's probably going to be one of these companies that you could sell to today. That doesn't seem as impressive right now, but you'll have more impact with them because their baseline trajectory, like their beta of growth is already really high. So if you add on top of that. Like looking even better. Yeah, like ramps, save time and money. Five percent, average company saves five percent. And then the second thing is these companies move a lot faster. So in the time it takes you to close one Barclays, you could close like 10 of these companies.

• 34:41Speaker 01

  The other challenge, as I'm thinking about it, is even if you land the story correctly, the average employee at Barclays, and again, sorry Barclays is cool, but you know, the employee there is not as connected, they're like, eh, I just am trying to not lose my job. I don't want to do something stupid.

• 34:54Speaker 00

  Yeah.

• 34:55Speaker 01

  Which is another reason why, like, even if you land the story, the person there might be like, I don't care, my story's different than their story.

• 35:00Speaker 00

  Yeah.

• 35:01Speaker 01

  Yeah.

• 35:01Speaker 00

  Guess who's now kind of sponsored by Jack Ollman.

• 35:03Speaker 01

  I think Barclays is great. Yeah, I have no particular, it was just an example.

• 35:07Speaker 00

  It's a good example. Yeah, they're in a good position.

• 35:09Speaker 01

  To tie all of this back to like what the impact is, and maybe going back to the opening of the conversation of like why people started to care so much. My sense is that one of the reasons that this comms, you know, focus has happened is because recruiting has gotten so hard and people have realized that it's deeply connected with recruiting. And it seems to me like for a bunch of reasons, it's like harder than ever to hire great people. And the, uh, the gains that accrue to the companies that can are very high. So the stakes on recruiting are high. How does this actually manifest for companies? Like what, how does that aura translate or not into the recruiting?

• 35:43Speaker 00

  This is where we get to talk about Napoleon.

• 35:45Speaker 01

  Ah, I need that.

• 35:46Speaker 00

  It was, it was waiting to happen and here is the moment. One of the best recruiters of all time and one of the best builders of morale of all time. And there's a few things that go into this. So first of all, uh, we don't even need to spend a lot of time on why recruiting is so important. I think every founder gets it. And if you're not recruiting the best people, you're mortgaging your future. Like you're just not going to exist because you, you can't build the best product. Okay, what made someone like Napoleon such a great recruiter is he gave his men a cause bigger than what it seemed like. It, it was a grander mission. It wasn't just take this bridge or it wasn't just fight this one battle. At the Battle of the Pyramids, which by the way, he rebranded to the Battle of the Pyramids because it sounds cooler to have said, I fought at the Battle of the Pyramids.

• 36:28Speaker 01

  Sounds incredible.

• 36:28Speaker 00

  Yeah. And so he rebranded the battle and then he said something like that the men were gathered there for battle and he said, from the top of these pyramids, 40,000 years of history are looking down on you and what you're about to achieve. Some version of this, like. You're you're I mean, you're just gonna perform better and you're gonna want to be part of that army. That army has the mandate of heaven. He would be branding his army all the time. So, for example, when they were trying to take Britain, or they wanted to, I think it it would have been called the Army of Britain, probably, because when they took Italy, it became the Army of Italy. But they were clearly not going to take Britain. So you don't want to be the guy who was in the Army of Britain, and Britain's clearly not part of France now. It's embarrassing. So that's when he started rebranding it into

• 37:09Speaker 00

  la Grande Armée, the Grand Army, which is so much cooler than Army of Place We Didn't Conquer.

• 37:15Speaker 01

  Yeah.

• 37:15Speaker 00

  And then there was a group of guys who were sent to hold a bridge. And the bridge was within firing range of the Austrians. And so that group of guys had a 100% casualty rate. It was like, you are guaranteed to get shot if you go here. So he sends the guys, 100% of them get shot. He needs new volunteers, and he fills it with volunteers. And the way he did that was that he branded the group of guys. He called them les hommes sans peur, which means the men without fear. And so, you know, which one's more attractive? Like, the guys who get shot? Do you want to join the guys who get shot? Or do you want to join

• 37:55Speaker 00

  the men without fear? And part of it is, you gotta go guard that bridge. Giving them this magnitude of what they're fighting for, and then giving them this kind of branding that would make it seem like even if they were shot for the cause, it would have been something worth it, and they would have been proud to be part of it was a big part. He also made himself part of the army as a soldier. You know, the little corporal is part of this. I think he started being called the little corporal because he was aiming the cannons himself, which is grunt work. And so to be there as a short, not 5'3", but like, pretty short guy aiming the cannons, they called him the little corporal. And it was actually like a really affectionate nickname of he's in the trenches. He's like

• 38:37Speaker 00

  SSI, Elias in the lab. He's got hands on the keyboard. He's got the craziest keyboard I've ever seen, by the way, but like, his hands are in the deep wells. And that's a lot better than the CEOs just on podcasts, and everybody's gonna build so that he can have something cool to say on the next podcast. He would eat the same food, he'd wear the old gray jacket. When he came back from exile, he retook France with 1,000 men in 11 days. He landed. He was wearing his old shabby stuff. He said, this eagle is gonna fly from steeple to steeple until it finally lands on the towers of Notre Dame. And then he went and did that in 11 days. And then the people who came, who were sent to go shoot him, obviously didn't shoot him. He said, are you gonna shoot your emperor? They didn't. And how do you do that?

• 39:18Speaker 00

  Like, how do you get the people to follow you so dedicatedly that they will defy orders to shoot you and instead join you? It's because they think that you are their true leader and that this company could only be led by you. I think it's a good mark of whether a founder has embedded himself or herself so much in a company that if they left, it's not the same company. And that you're truly one of them, that you are giving them the cause, that you are giving them a way to, if they're part of this team, they're part of something to be proud of. Like, they gain membership to something that immediately gives them glory.

• 39:51Speaker 01

  Yeah. I mean, obviously, like, as I'm listening to that, I'm like, man, that sounds unbelievable.

• 39:56Speaker 00

  Yeah.

• 39:56Speaker 01

  And then, like, you know, you take it to something that is, you know, inherently a little bit calmer, less sort of grand, you know, than, you know, wars and conquering and all of that, but still very important. And so then tech companies either get this or they don't, and it somehow translates into, like, recruiting. You know, it's a little bit more mundane, but it's very real.

• 40:15Speaker 00

  Yeah.

• 40:16Speaker 01

  Where then it's easy, it's easy for them to recruit, or it's really hard, and they're either, like, fighting this uphill battle or a downhill battle.

• 40:21Speaker 00

  Yeah, yeah, yeah. You can see this in the CEOs who do amazing personal recruiting. So like Brian Chesky recruits personally, and what I hear is that he just steps up as somebody who could, if he wanted to, who could go into the company and be one of the best people in certain roles in the company. Joe Jebb is still the same way, by the way. There was one, one day recently where he was like in Figma designing websites, you know, by hand, artisan. Toby is like this at Shopify. He is like the chief AI tinkerer. He's not like, go use these new tools, good luck, let me know how it goes. It's like,

• 40:53Speaker 01

  He's like, look what I did.

• 40:54Speaker 00

  Here's the thing that I made. You can make it too. He, he, he made this, like, swore, or like, team of agents before it was even a thing, and then he made it into a tool that the company could use. Like, how do you not get inspired to follow somebody like that? So, so being one of the people and being one of the soldiers is still vitally important. Scott Wu at Cognition is this, like, incredible engineers.

• 41:16Speaker 00

  Feel proud to be at Cognition and they feel proud that Scott is a peer to them. And Scott's not the only legend at Cognition. I think Ganna is like maybe a record breaking coder and doesn't have any ego about it, but these become your peers and you're building a company together. Same with like elite researchers or anything like that.

• 41:38Speaker 01

  Yeah, and obviously, you know, like taking biases aside that we all might have. It's like if you look at even like the big AI labs.

• 41:45Speaker 00

  Oh, why? Do you have a favorite?

• 41:46Speaker 01

  I don't have a favorite. They're all great.

• 41:49Speaker 00

  Just friends at all of them.

• 41:51Speaker 01

  It's, they're all taking different recruiting tactics and I think partially, and they all have very different brands and auras. And it's probably deeply related.

• 42:00Speaker 00

  Yeah, I think so too. With the AI labs, it's very, it's actually a good case study of there's no like permanent moat with talent. You have to keep earning it every single day. And a lot of the, a lot of what goes into whether people want to work at a place is they look at the leader and they say, do I identify with that person? And there's all these different archetypes. It's actually really cool and wonderful to see like different personas and different leadership styles. I am like you, like there are things that I like more, like less about each of them, but they're all like magnificent and impressive. And so there are people who identify more with one or more of the other. And then it kind of turns into the team is shaped in the image of the leader because over time,

• 42:39Speaker 00

  people will converge onto the style, you know, of the leader that is suffused down to the organization. And then the, the people that they can attract.

• 42:48Speaker 01

  Maybe to wrap up, I'm curious about like the way that you choose to sort of like practice your business at a high level. You can either be like internal and focused on only one place, or you could do what you do, which is where you work with like a wide breadth. And then I guess you're learning things from one experience, bringing it to another. Maybe you know, a little bit less about any particular entity, but like you've got these other advantages in that way. I'm curious how you reflect on what's the difference, what's the collaboration maybe between you and internal comms? When you're looking at these things, like how does it all play together?

• 43:15Speaker 00

  The way I learned to do comms was being just deep in one thing. So I, I co-founded a comms company, but like my main work there was Androl. People sometimes will say like, I helped Andrew with comms, but actually Andrew helped me with comms. Like, working with Palmer and Trey and Brian and Matt and those guys. It's like necessity is the mother of invention. Like, they forced us to do things unconventionally. And so that's how I learned. And then through Substack, which is still like very near and dear to my heart. It was like live and breathe Substack all day long. I still work with Substack, but like just live and breathe Substack 25 hours a day. And then same with Activision, so I've gone very, very deep. And the thing that's super rewarding about this is that you get to fully own something. And if you mess up, it's on you. And if it's great, then you learn from it, you can build on it.

• 44:00Speaker 00

  I'm trying to form a general theory of comms and I'm still learning in the process. But I don't want to confine that to just one place because I actually want to change how comms is done across the industry.

• 44:12Speaker 01

  It also seems like you probably couldn't even get to the general theory of comms if you only worked with one place.

• 44:16Speaker 00

  Yeah, it might be.

• 44:17Speaker 01

  You probably need to see all of these different examples to like get completeness on it.

• 44:21Speaker 00

  Yeah, like I'm still in learning mode. Like, I'm still in kind of data gathering iteration mode in my own head. And so for inputs, I want to see more broadly what is going on across different pockets of the industry. And then externally, I really want the entire industry, all of us together, to get amazing at this because, well, what happens in the aggregate, right? Like, if each company gets better at making their case and gets more powerful and hires and grows faster, then all of tech grows faster and that's better for America and the world.

• 44:53Speaker 01

  Absolutely.

• 44:54Speaker 00

  It's hard to do that from within one company, but I still try to concentrate as much as possible. So instead of taking like 30 clients, you know, I take less than half of that. Instead of growing the firm to be 80 people with a roster of hundreds of clients, it's me and my apprentice Gabby and we have probably, yeah, fewer than half of the clients that we could have even with just the two of us. And then out of those, there is a power law where there's like specific ones where we like really go deeper. So, yes, number one, I, sorry, not to make this about me. I did the meme of like, we made it about me. Okay. I do want to do the general relativity theory for comms, like general theory for comms. And that applies to the industry more broadly. Sometimes I see companies I had nothing to do with, who will, the founders will write me like,

• 45:38Speaker 00

  you read your blog post and did this launch, what do you think? That is magnificent to me. Did I get dollars from it? No, I get deep satisfaction from seeing that people are using these practices. But within that, we do try to concentrate as much as we can.

• 45:48Speaker 01

  Let's imagine it's 10 years from now and you've learned a bunch and things have gone great. And you're much smarter about comms than you are now. Looking back, what would you say is the thing that you're most likely to be super right about with comms? And what do you think is the thing that you currently are least confident in your own, you know, variable in the general relativity?

• 46:04Speaker 00

  The thing that I have extremely high confidence in is that comms is the final bastion of human ability, where 10 years from now, 50 years from now, the ability to persuade and win over and make other people fall in love for other humans will still be uniquely human. And, and we have to get really, really good at that because AI can't. So it's like, if not us, who? So, so I have very high conviction that this is the ultimate skill that everybody should practice. And I also have very high conviction that there's like this immutable desire for narrative completion within humans. The thing that I have least confidence in is the form factor. Is it videos?

• 46:49Speaker 00

  Is it podcasts? What about the role of the media? Is that shifting? I do not recommend that people anchor to a specific form factor and be like, we're the company that does great videos, or we're the company that tweets a lot. I think that people should be constantly experimenting. You need to be ready to outrun your good, your own ideas. I've had to outrun my own ideas. Like if, if we do a launch together with a founder and it goes really well, people will dissect that and then copy it. You know, after the cognition launch, I, I saw people who just copied Scott's thread, like almost word for word, in the exact same format. And if everybody were to start doing that, or like those hype sizzle reels, like the, techno accelerationist montages. And now a lot of people are copying like the Cluley launch video.

• 47:32Speaker 00

  And once it reaches saturation, it's actually cringe to keep doing it. So you have to find, oh, great, it works. Hooray, that means I need to find the next thing because if I Push the frontier here and it worked. Everybody's racing towards me. If I don't get the heck out of here and find some new frontier. Now I've lost my alpha and we're like in the exact same place.

• 47:49Speaker 01

  Yep.

• 47:49Speaker 00

  So I would say the takeaways from here are you need to find your narrative alpha. You need to find the way that narrative makes your company even more valuable than the fundamentals would make it be. That's the job of the founder, that an alpha can be positive or negative. People that alpha is determined by the homeostatic set point that people think your company deserves. And where you are now relative to that. And that this is the skill that every human should try to master as much as they can.

• 48:18Speaker 01

  I love it. I was gonna end there, but I have one more thing I gotta ask. You mentioned the media and you obviously, you know, are big about going direct and how important that is. But if you had to guess, where is this dynamic gonna go with tech and the media and that relationship? Cause it used to be that all the announcements happened there. Now there's this hybrid mix. There's a sort of love hate relationship. Where, where will this, where will this trend line go?

• 48:42Speaker 00

  I think we're going back towards the media actually being more relevant. And this is why I say not to be dogmatic. Even in my very depths of distrusting the media and being blackpilled about the media. Even then I had reporters that I knew and trusted and it was mutual and we could work together and I would try to be helpful. And, and today, like last night, I was hanging out with a bunch of tech journalists and, and they were saying that they appreciate my outlook and I appreciate theirs. And going direct does not mean that you have to boycott the media. It means that you can't be dependent on others. You need to create self sufficiency. And then you can choose to collaborate with the media, but it's not that, oh, nobody wants to cover this story. So I'm just up the creek.

• 49:22Speaker 01

  Yep.

• 49:22Speaker 00

  So where is this going? I think actually that media is becoming more relevant. There was sort of like a nadir in tech media relations where it was like very competitive. And now the relationship is better, the coverage is better. There's sort of also some fresh blood in tech journalism that is very curious and forward leaning.

• 49:39Speaker 01

  That's definitely true.

• 49:40Speaker 00

  And now that people are getting more of their information from say chat GPT or Claude or whatever.

• 49:47Speaker 00

  Media can be very helpful for that. You know, Claude is not necessarily going to tell you, well, three people tweeted about you favorably today and some like anime profile picture said this thing about you. But if there's like one article in an outlet, it can kind of solidify that for you online. We were overly reliant on the media and then it became very competitive and I think we're reaching a new equilibrium of collaboration.

• 50:10Speaker 01

  Sounds good to me. That'd be great. Lulu, this was amazing. Thank you so much for your time doing this. I really enjoyed it.

• 50:14Speaker 00

  Thank you.