#1097 Hamish McKenzie On How This Tech Startup Is Disrupting Mainstream Media

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.8 • 1.9K Ratings

🗓️ 28 September 2022

⏱️ 87 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Hamish McKenzie is the Co-Founder Of Substack. In this conversation, we discuss the downfall of legacy media, the rise of independent media, where money is being made in this new industry, supporting free speech, the creator "middle class", and the Substack subscription model.

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Transcript

Click on a timestamp to play from that location

0:00.0	What's up, everyone? This is Anthony Pompliano. Most of you know me as Pomp. You're listening to the Pomp podcast, simply the best podcast out there. Now let's kick this thing off.
0:12.0	Hamish McKenzie is a co-founder of Substack. In this conversation, we talk about the pros and cons of the old media world, how the entire new media world is likely to play out,
0:22.6	where money is being made and lost in the media landscape, and how we should think about
0:27.7	a broken ad model, subscriptions, the substack product, book publishing, and much, much more.
0:33.9	I really enjoyed this conversation with Hamish, and I hope that you guys enjoy it as well.
0:39.3	As you listen to this episode, keep in mind what you like and what you don't like,
0:43.1	and then get on Twitter and let us know where we did well and where we could have improved the conversation.
0:48.8	Hope you guys enjoy this episode. Let's get into it.
0:51.8	Anthony Pompliano runs pomp investments. All views of him and the guests on his podcast are surely their opinions. Let's get into it. Anthony Pompleano runs Pomp Investments.
0:54.4	All views of him and the guests on his podcast are surely their opinions and do not reflect the opinions of Pomp investments.
1:01.1	You should not treat any opinion expressed by Pomp or his guest as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of his personal opinion.
1:12.0	This podcast is for informational purposes only.
1:15.2	All right, guys, bang, bang.
1:16.2	I've got Hamish here with me.
1:17.8	I'm super excited to do this.
1:19.1	I thought a great place to start would be on the current state of the legacy media.
1:23.5	Substack's always in the news.
1:24.7	You guys are taking over the world.
1:27.1	You're a right wing
1:28.2	uh apologists all kinds of different critiques but uh i think that you all have a better understanding
1:34.5	of the nuance is the pros and cons of the legacy world than most people realize so like how do you
1:39.5	break down uh the older school media outlets and platforms.
	...

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