Josh Elman & James Currier on the Arrival of the Next Social Era
In this episode, Kristin O'Brien, James Currier, and Josh Elman delve into the evolution of social media, its current state, and future opportunities. They share valuable advice for early-stage founders in social media startups, discuss the transition from Meerkat to House Party, and the growth of Discord. The conversation emphasizes the importance of humanity in technology, psychology in startup innovation, and constant product evolution.
Key Points
- The recent change in remote work habits and social distancing measures has created an opportunity for founders to innovate and build new digital tools that replicate and enhance social interactions and experiences.
- Success in social media and communication startups often hinges on a founder's ability to understand and tap into human psychology, creating products that fulfill emotional and social needs.
- Narrowing the focus of a product to serve a specific community or behavior deeply can create a strong foundation for growth, which can later expand to broader applications and larger audiences.
Today Josh Elman & James Currier discuss the history of social media, where it is today, and the next wave of social companies that may be a result of the current lockdown situation. Due to the massive behavioral changes over the last few months, Founders may have room to build and the 'Golden Age' of social media might see a resurfacing. Josh Elman has run product for top-tier companies like Robinhood, Facebook, Twitter, and LinkedIn and was a partner at Greylock.
In this episode, we discuss:
- A brief history of social media
- The behavioral changes from COVID-19
- The 'New Wave' of social media platforms
- The opportunity for founders to build companies
- How social products reshape the human connection
Be on the lookout for new episodes on The NFX Podcast and read more NFX content at - www.nfx.com/essays
Chapters
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Transcript
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