Mikey Shulman, CEO @Suno: The Future of Music, What is Gonna Happen? | E1244

Mikey Shulman is the Co-Founder and CEO of Suno, the leading music AI company. Suno lets everyone make and share music. Mikey has raised over $125M for the company from the likes of Lightspeed, Founder Collective, Matrix and Nat Friedman and Daniel Gross. Prior to founding Suno, Mikey was the first machine learning engineer and head of machine learning at Kensho technologies, which was acquired by S&P Global for over $500 million. ---------------------------------------------- Timestamps: (00:00) Intro (00:42) What is Suno? (03:06) Why Should Music Resemble Video Games? (04:10) Are Higher Prices for Better Models Just Temporary? (06:24) Why Is Quantum Computing Amazing but Not Worth Pursuing? (08:31) Why Do Physicists and Economists Excel in Machine Learning? (09:40) How Do You Compete for Talent Against AI Giants? (13:32) What Defines a Successful User in Suno? (19:45) How Will AI Startups and Incumbents Resolve Conflicts? (22:37) How the Future of Music Looks Like? (26:49) Can Artists Have Personalized AI Models for Their Music? (33:24) How Will Music Discovery Evolve with Infinite Supply? (34:12) Spotify, TikTok & YouTube Music (36:26) What Does Mikey Regret Not Doing? (37:59) What is Great UI for Mikey? (38:44) How Important Are Prompt Guides for AI? (42:43) Scaling Revenue Beyond Other Generative AI Models (45:40) Should We Embrace or Fear Rapid Change? (51:18) The Balance Knowing When to Start and When to Stop? (53:12) Quick-Fire Round ----------------------------------------------- In Today’s Episode with Mikey Shulman: 1. The Future of Models: - Who wins the future of models? Anthropic, OpenAI or X? - Will we live in a world of many smaller models? When does it make sense for specialised vs generalised models? - Does Mikey believe we will continue to see the benefits of scaling laws? 2. The Future of UI and Consumer Apps: - Why does Mikey believe that OpenAI did AI consumer companies a massive disservice? - Why does Mikey believe consumers will not choose their model or pay for a superior model in the future? - Why does Mikey believe that good taste is more important than good skills? - Why does Mikey argue physicists and economists make the best ML engineers? 3. The Future of Music: - What is going on with Suno’s lawsuit against some of the biggest labels in music? - How does Mikey see the future of music discovery? - How does Mikey see the battle between Spotify and YouTube playing out? - How does Mikey see the battle between TikTok and Spotify playing out? ----------------------------------------------- Subscribe on Spotify: https://open.spotify.com/show/3j2KMcZTtgTNBKwtZBMHvl?si=85bc9196860e4466 Subscribe on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-twenty-minute-vc-20vc-venture-capital-startup/id958230465 Follow Harry Stebbings on Twitter: https://twitter.com/HarryStebbings Follow Mikey Shulman on Twitter: https://twitter.com/MikeyShulman Follow 20VC on Instagram: https://www.instagram.com/20vchq Follow 20VC on TikTok: https://www.tiktok.com/@20vc_tok Visit our Website: https://www.20vc.com Subscribe to our Newsletter: https://www.thetwentyminutevc.com/contact ----------------------------------------------- #20vc #harrystebbings #mikeshulman #suno #founder #venturecapital #startups #ai #musicindustry #spotify #tiktok #youtubemusic #arianagrande