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Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)

Here it is: the complete video of the most unbelievable night of Acquired’s nine-year life… our sold out live show at the Chase Center in San Francisco. We joked during the months (months!) of preparation leading up to this event that it was like planning a wedding for 6,000 Acquired fans, and the guest list included Jamie Dimon, Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg… no pressure! But thanks to our amazing partnership with J.P. Morgan Payments, together we were able to make something incredible. Tune in and enjoy the celebration! Sponsors: Many thanks to our fantastic Fall ‘24 Season partners: J.P. Morgan Payments https://bit.ly/acquiredJPMPF242yt Statsig https://bit.ly/acquiredstatsig24 Crusoe https://bit.ly/acquiredcrusoefall24 Links: Mike Taylor, the truly incomparable performer of Who Got the Truth https://open.spotify.com/artist/30ejUciK31BCg0IVCbt1dW Mike Amiri (who designed Mark’s shirt) https://amiri.com More Acquired: Get email updates with hints on next episode and follow-ups from recent episodes https://www.acquired.fm/email Join the Slack http://acquired.fm/slack Subscribe to ACQ2 https://pod.link/acquiredlp Check out the latest swag in the ACQ Merch Store! https://www.acquired.fm/store Timestamps: 00:00:00 Mike Taylor - Who Got the Truth? 00:02:38 Jamie Dimon 00:04:37 Bloopers 00:09:26 Daniel Ek 00:38:41 Statsig 00:40:32 Crusoe 00:43:07 Emily Chang 01:05:50 Max Neukirchen & Umar Farooq 01:10:13 Jensen Huang 01:13:12 Mark Zuckerberg 02:22:20 Thank yous 02:23:25 Mike Taylor - Who Got the Truth? Photo Credit: Mark Zuckerberg by Jeff Sainlar / Meta Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions. © Copyright ACQ, LLC

David RosenthalhostBen GilberthostMike TaylorcameoJamie DimoncameoEmily ChangguestMax NeukirchenguestUmar FarooqguestJensen HuangcameoMark Zuckerbergguest
Sep 29, 20242h 26mWatch on YouTube ↗

At a glance

WHAT IT’S REALLY ABOUT

Acquired fills Chase Center with tech leaders and candid insights

  1. Acquired stages a 6,000-person live event at San Francisco’s Chase Center, trading its usual long-form company history format for a celebratory, present-focused “party” with surprise guests and updates.
  2. Daniel Ek discusses Acquired’s growth on Spotify, why podcasting scaled inside a single listening app, and Spotify’s deliberate strategy of extensive discussion before building—plus early Facebook-driven distribution via invites and social sharing.
  3. Emily Chang hosts a fast “revisit” segment correcting/refreshing prior Acquired takes on YouTube, LinkedIn, SpaceX/Starlink, and Taylor Swift’s business economics—highlighting how outcomes exceeded earlier expectations.
  4. Mark Zuckerberg delivers a wide-ranging conversation on Meta’s durability across tech waves, product iteration as rapid learning, platform-control lessons from the mobile HTML5 era, open source (Open Compute, Llama), and his thesis that AI glasses/AR will define the next computing platform in an open-ecosystem fight versus Apple.

IDEAS WORTH REMEMBERING

5 ideas

Acquired’s growth is powered by depth, not celebrity reach.

Ek and the hosts frame the show’s compounding as word-of-mouth plus unusually long episodes, creating massive listener-hours and a feeling of time spent together that boosts retention and sharing.

Spotify expanded podcasting by treating it as “listening,” not a separate category.

Ek argues the contrarian bet was bundling podcasts inside the main app to leverage an existing user base and recommendations rather than forcing consumers into specialized apps.

Strategic patience can beat raw speed when costs of building and licensing are high.

Ek describes Spotify’s culture as heavily discussion-driven—cheap to debate, expensive to build—shaped by the need to align an entire content industry and long lead-times for rights.

Product “revisits” show how AI recommenders changed platform destinies.

The YouTube segment highlights that feed algorithms and GPU-backed recommendation systems turned YouTube into both a destination and a powerful search/social hybrid—an inflection Acquired underestimated in 2016.

Some acquisitions create hidden giants inside larger companies.

LinkedIn’s revenue and product expansion (notably content/ads) has turned it into what the hosts argue would be a $100B+ standalone asset, quietly compounding within Microsoft’s strategy shift under Satya.

WORDS WORTH SAVING

5 quotes

“Talk is cheap… it’s more expensive to build than most people think.”

Daniel Ek

“Your superpowers are partly your ignorance… you don’t know how hard it is.”

Jensen Huang

“I don’t apologize anymore.”

Mark Zuckerberg

“If we can learn faster than every other company, we’re gonna win.”

Mark Zuckerberg

“We run towards something, we don’t run away from things.”

Mark Zuckerberg

Arena-format show vs. traditional Acquired formatSpotify podcast growth data and global audienceDistribution via Facebook: invites and social listeningDeliberate strategy: “Talk is cheap” vs move-fast cultureEpisode revisits: YouTube, LinkedIn, SpaceX/Starlink, Taylor SwiftJensen Huang context correction on entrepreneurshipMeta’s iteration model and surviving competitive wavesOpen source strategy: Open Compute and LlamaPlatform risk lessons: HTML5 mobile, ATT, control of destinyAI glasses, AR presence, and open vs closed platform competition

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