YouSaid · the spoken record

Jim Bankoff

lines on the record: 127
first: 2020-07-01
most recent: 2020-07-01
sittings or episodes: 1
sources: podcast

Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections

“Yes, that's right. Yeah, he did. And I think you got it. You hired him, I think. He did a great job. Derek Martin, Leah Kennett, Beth O'Connell, Sean Cherry, Chris Basil, Robert Betts, Joel Rabbit, Zach Kahn, Shannon Thompson, Jill Pendergast, Marika Ball Domberg, Nishat Kirwa, Evan Lang, Clay Vickers, Kayla Littman, Nell Plotkin, Katie Springer, Peter Kafka, Lauren Good, Walt Mosberg, Marty Moe, Jim Bankoff, Eric Anderson, and of course Eric Johnson. Most of all, Eric Johnson, thank you all to those people, and I really appreciate it. As always, you can follow me on Twitter at Kara Swisher one more time. Please subscribe to Pivot with Kara Swisher and Scott Galloway. How can you miss me if I won't go away? We release new episodes every Tuesday and Friday, and watching me and Scott argue with each other, I promise you is going to be a”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“Let's wrap up the show. All right. Thank you everyone for listening and rating and reviewing the show and for all your support over these last five years. Thank you to all our guests, especially ones today that asked all those wonderful questions. And Eric, again, thank you for putting it together. You picked out just the right clips. You found just the right people. fantastic job. A lot of people have worked on this show directly or indirectly. I'm not going to be able to list them all and if I miss anyone, I'm so sorry. But here's a partial list of people I'd like to thank. Noah Colwyn, who I did the first shows with. He was an intern at All Things Digital and he worked on it right away. He was a retode.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“Yeah. Also, just so everybody knows, as a gift to Eric, he is getting the red chair. I have a red chair that I bought from Steele Case where a lot of people have sat in, I think including Steve Jobs and Bill Gates and many others. And I'm going to give it to Eric because he really deserves the red chair. And since I'm moving on from that part of the red chair, I think he deserves one of his own. So this is my promise to him if I try to take it back because it's a hell of a chair. As soon as I sit down and down and down and d”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“Eric, you have been amazing. Let me just say, Eric, you are so critical to this being as good as it is. And I just, people don't think about the behind the scenes. I get a lot of the attention, but just like there's a crew, there's a crew here. And you're the critical member of the crew. You can pick any Star Trek person you want that you want to be, but you really have really added to this in a way that's really significant and profound and important. And so this is your show as much as mine.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“Con, con you know, although I kind of like him too. Even their villains are fantastic and interesting. So I just think you have to think about it in a really positive way while you're pushing up against the dark parts of it. And so I am going to. About it that way”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“Star Wars is a very dark vision of the future, even though in the end they sort of won. They didn't. They didn't, did they? It was really dark. You know what I mean? It just was not so sure they were going to hold on to their victory, but it was always, their victory was always out of their grasp. And even though he got rid of that Death Star the next week, another one was back. You know what I mean? It just was constant. And the forces of darkness really do have a real power for a lot of people. And so you can have a Star Wars point of view, or you can have a Star Trek point of view, which is a very leaning forward into the future kind of attitude of the goodness that it does. And listen, they have lots of adventures and they're always running into some Klingon or someone, you know, who's the guy that was always given Kirk trouble, the one.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“Experiment of humanity talking to itself and its failing, it doesn't have to fail. I'm going to keep with a bigger platform and I'm going to shine light on all kinds of thinkers like you. I'm going to shine light.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“Oh, she's so great. She's amazing. Greetings Cara. Greetings Kara. She's like Spock. You know what I mean? Let me just tell you, that book is a hell of a book. And we got to her very early. And she has had a lot of influence on a lot of politicians, a lot of people. Great book. It's not a hard read, but it's not an easy read. And I think it's worthwhile to do so. Shashana, I'm going to keep talking. That's what I'm going to do. I'm like a dog with a bone on this one. And I really do. One of the things that as I'm thinking about writing this new book about my life in Silicon Valley, I really do think about how much I loved it, how much I had so much promise, how exciting and magical and wonderful the idea of connecting everyone on the planet is. And I remember one interview that we did with Jaron Lanier, who is a great entrepreneur and technology thinker. And he was saying that the internet and social media is humanity's the biggest...”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“Just like that's 2020 in a nutshell. You play video games and I don't. But today when the Talbots couple had their guns, that was like, why are they simultaneously I was like, they've got to AK whatever and they're wearing really bad clothes from Talbot's like what's going on”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“They really do believe this, that there's a very good chance this is a video game from the future or something. I mean, that's the stupid version of it. But I don't think we can take this is not the matrix where there's a reality and we're jacked into it. It's that it doesn't exist. I think that's the concept of it, that it's not here. And so it's not like they're taking our energy and plug us in and put us in pods. It's that we don't exist at all. And so no, this is the same teen thinking, let me see what I can do to make Donald Trump do something to drive them just crazy and see what they'll do. So no, you can't get it. You are in this for as long as it takes.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“I am not nearly high enough for this question. Wow, that is really a good. Taffy is an amazing. She did that great win at Paul Trope. She's just a hell of a profile, so good at everything she does. Taffy, if you're in the simulation, it means you're fictional and you're being played by a teen from the future is determining your fate. And so you don't exist. I didn't say just, listen, I didn't just tell you tech bros do it. Elon Musk said it on stage in one of our interviews. He talked about it when someone asked him about simulation. And a lot, you know, Tony Shea from the Foot Company, whatever, what is that called? Zappos? Zappos said it to me, not on stage. I think that's their new name.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“They did not take it down. It is still there. You have to click into it. It is very easy. This is not that. And I think these ideas of throttling people back are just not, I'm sorry. There's no proof of it. They just like to say it over and over again. And you know better, Anthony. You shouldn't do that. And again, you keep being you because that's who you are. And I just don't imagine a minute in this world where you will not be speaking and have access to all kinds of ways to express yourself.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“The mooch is weirdly we get along very well because so much is so what I would like to think about getting along. It was interesting. I really trolled him on Twitter for a long time and I wasn't wearing my glasses at a party and this little tiny dynamo came running up to me. I couldn't see them because they were blurry and was like, you, you, you, you're funny. And I was like, oh my God, it's the mooch in real life. And he's just, he's like a cartoon character in that regard. He's just like what he seems like. You know, Mooch, let me tell you something. I don't recall the last time anyone got you to shut up. So I just feel like the right wing is like nobody lets us talk. And I'm like, yeah, they do. You just say a lot of things that break rules. I mean, I just feel like the people who never shut up are the people that say they can't talk. And I don't think they're being, I don't think, I think there's no proof of that. I think it's okay to label a violent quote by the president as violent.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“enough of your points. I just think everyone needs to be accountable no matter. And when you are not accountable, you make bad decisions. You always do. When there's not a price and a consequence, you end up with bad decisions. Always, always”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“Make myself accountable in a much more significant way, meaning that I can be fired. And I think I would do that. I think everybody needs to be accountable. I would change the way that that stock is, the dual class stock. You could still be super rich.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“Yeah just not too long'cause I know a lot of businesses depend on it for one. I understand that. I would immediately suspend all political advertising until the election is over. There's elections happening all the time, but the US president, I'd shut it down, shut down political advertising, and I would restrict political content much more so than Marcus. And I would really police it quite heavily. And I would make it all transparent. I think, you know, I know this is not as easy as a broadcast network. I know there's all kinds of messaging, but this micro, this micro-targeting and stuff like that, I think what Twitter did was the correct. And some of what Googled did was correct. So I would do a lot more of what Google and Twitter did. I would have a frank discussion with the world. I would sit for an interview with Kara Swisher is what I would do. Yes, no, you know what I mean? I would sit with someone who's really going to like, and I would.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“They'll be stronger than ever. So we'll see. We'll see. But there is a lot of bipartisan support for something. And obviously people around the globe are working on this. So it's not just, remember, as much as we like to think it's all the United States, and these are mostly U.S.-based companies, it's not the only game in town.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“I think that if it's Vice President Elizabeth Warren, that'll be a problem. If it's any Elizabeth Warren anywhere near also Kamala Vice President Kamala Harris, I think a lot of people, Nancy Pelosi is on board with this, Joe Biden's not as well educated as he should be on this, but he will be. And I do think there's a lot of Republicans also sort of lined up. So I think there's going to be a lot more regulatory scrutiny. I think there'll be fines. I think there'll be all kinds of ways, maybe making the FTC more robust, maybe making the Justice Department honest again after kicking Bill Barr out. If it's the Trump administration, I think the tech will do better than ever. I think as much as he screams about Jeff Bezos and everyone else, he's very friendly to rich people and powerful people. And so I think he will do nothing if that's the case. On the sidelines, Steph about conservative voices, et cetera, et cetera, but in general.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“Wow, Carly and I have had a long history. We actually did an interview at All Things D that was very testy when she was the head of HP. But actually we had a tremendous podcast on this, really interesting about her run for senator for governor. No, governor of California, whatever. She was a senator, I think she was running for senator, and also her presidential run. And we had a really interesting talk about a lot of things. And she obviously has some experience in tech. And of course, now she's voting for Joe Biden, as you all saw the other day. If it's a Biden administration and its vice president, Elizabeth Warren, everybody at Silicon Valley better get their big boy pants on because they are going to be in big trouble. And that's, you know, as you know, Mark Zuckerberg said that Elizabeth Warren is an existential threat to Facebook. I was thinking climate change might be or many, many other things, racism, misogyny. I don't know, but he felt Elizabeth Warren was, which was really telling.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“Carelessness and the carelessness about it, the carelessness of doing something about it. And they had brought people in to fix it. But I remember thinking this is not what? Like what, you know, and they were assuring me that it was fine, but, you know, it's the same DNA. It's the same DNA.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“I was like a young, naive intern or early employee. And I just remember thinking like, what? These big tech companies might be bad? Yeah. Yeah, God knows. That was the same thing. I think I don't think anyone really, you know, for the longest time, just never really occurred like how widespread that sort of behavior is careless.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“In the very early days, they had a real problem with people internally. And I think this has been written about, but I remember vividly hearing about it, about people who worked there that were looking into people's profiles all the time. And it was troubling to me at the time, and they were sort of starting to clean it up. And so it happened directly. But I remember thinking, that bothers me, like that this, and I didn't do enough on it. I'll tell you that. It always stuck with me that there was that someone had the keys to open a vault of everybody's lives. And I think I felt that this was not a group of people that respected the responsibility of that as much as they should have. It stuck with me. And I'm actually going to be writing a book about Silicon Valley. I'm going to be writing about that. It was a little moment of, oh, you know, and they were like, oh, we've got it fixed. But that had happened.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“God, Ronan's good, isn't he? So Ronan was a really great interview, obviously. He did a lot of stuff around Harvey Weinz, seeing a whole bunch of stories investigative reporter. And he did have a show that was just terrible on MSNBC. And I told him, I'm like, you need to get another job.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“Shaming, really. Public shaming. And I think that's what's happening here. And I hopefully they will get the message and realize the damage that they've done, as you and I have written about and focus on the good things about these technologies, which are miraculous. And so I don't, for the short term no for the long term, every single empire dies. There's something very problematic at the heart of this company and eventually it will be what undoes them and it will be themselves. And so we'll see. I don't wish for it. I'm glad they're employing a lot of people. But I just think they could give in all their luck and all their money. They could do a whole lot better.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“Carol is one of, I'm a huge super fan of Carol. She's an amazing reporter, and she's dogged and a real reporters reporter. And we had a great interview about that. And a lot of the struggles she had doing it, she gave one of these speeches that resulted in a lawsuit and stuff like that. You know, I'm sorry to tell you, Carol, I think he's going to get out of it. I think as long as this company continues to perform as it does on Wall Street and he has complete control of it, I think I've written a column tomorrow that's appearing in the New York Times. It's pretty tough. But I think you can chip away at these things and you can bring them into line. And I think that's what's happening is they're realizing just the way cigarette companies or DuPont couldn't poison people by spilling, putting their toxic waste everywhere. Cars had to have seatbelts. I think we're going to have to just start to exert control via regulatory means fees, fines.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“You read George Conway all the time. George Conway, that is, I don't know why I love him. Amanda calls him my internet boyfriend, but I don't think he thinks of me that way. I think he's great. I think he's really, you know, I know people have issues with his wife and I know he's a I told him when I ran into him somewhere and I said, I can't wait till I can't get along with you again and I vehemently opposed some stupid conservative thing you're doing. I would rather argue with him over real policy than what's going on now. But, you know, we'll see.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“I forget what the next one is. Yeah, well, anyway, Stephanie, I really appreciate it. Oh, how can you contact me at Kara Swisher on Twitter? I will respond. What call did I get wrong? Not many, Stephanie, I'll be honest with you, I'm fantastic. I think that I thought Facebook wouldn't be as, I thought it was ridiculous the amount of money that was put into Facebook. And I also, same thing with eBay, although that's turned out to be a pretty horrible purple story in the end for them. I've been wrong about valuations quite a bit. Like, I can't believe people are paying this much for things that aren't worth that much. So I was wrong about Facebook's valuation and the worth it would be, but I'm not a stock picker, so I don't really care. And I think that's usually, usually, I think I'm pretty pressy about where things are going. I think it was very early to these problems that the internet was having. I think I was onto a lot of things. So Stephanie is confident as I am. I think I bat pretty close to a thousand, I have to tell you, Stephanie.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“You know, some podcasts have the sort of fan bases that where they draw like fan art of the host and stuff. I feel like we need to, you know, if there's any artists listening, I do think we need Kara Swisher as Mary Poppins fan art ASAP, please. Thank you.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“with the people who do my favorite app, which is the Week Row app. And they give me quotes every day. And I just got this one today, which I think is perfect by Jane Hirschfeld. You may do this. I tell you it is permitted. Begin again the story of your life. That's how I think about everything. That's perfectly tough.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“That's a really good question. You know, I do. I shift and change a lot. I'm not scared of change, and I think a lot of people are. They sort of stay in the same rut. I talked about this with you, Eric, and other things. I think, you know, everybody should do things that they're passionate about. And when I feel, you know, it's, you know, I'll stay until the wind changes is sort of a Mary Poppins idea. I think like that. I do. I'll stay until the wind changes. And then when the wind changes, I want to do something else. And it's not out of restlessness. It's out of, you know, doing this podcast has really, to me, supercharged my life and my career in ways that I never thought possible. And even though I think I had a very strong...”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“We're getting married. We're getting married and stuff like that, just as for a twist on Michael Barbero. No, no, I think, you know, I love what Michael does there. And they have a really great team. And yes, we are going to just be joined at the hip. I doubt it. I don't know. I don't know. I think, you know, with COVID, I think no one's ever going to see each other ever again. But I'm looking forward to it, but I certainly will miss doing it here too.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“Oh, very funny, Anand. It's a newspaper, Anand, that you write for sometimes, actually. Yes, I've been writing a column for the New York Times for the past two years, and they have been asking me to bring my, do an interview show over there, and I have resisted, but I felt like it was the time. It's a really important time to have a bigger platform. Vox has been amazing, but I want to sort of change up and talk about power and move beyond tech and business and get to issues around culture, around society, around sports, everything. And so I wanted to just change that. And I think five years was and 500 shows was a really good stopping point to try something fresh.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“And it can't be performative. And it has to be consistent, there has to be accountability. So we want to listen and we want to communicate. And that's a lot of work. It's not easy work. I've put myself in charge of kind of leading various, I think the CEO needs to be in charge of leading this initiative. And so we'll be pushing through. And we're committed and we'll be judged on our results.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“By making sure that our creators are diverse and can represent diverse perspectives, you and I just kicked off our conversation talking a little bit about that Ben Smith article and we certainly can do better there. And then the fourth pillar, which is a relatively newer one, is about how we communicate and how we listen. I think too many times it this kind of communication spikes up when there's tragedy in the news or when there are people protesting in the streets.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“we need to be better across different pockets of the company certainly and we have real plans around how we can do that. It will take time but we're not letting that become an excuse. Second pillar is around career opportunity, career development where again we haven't been operating at the level that we need to. We've lost a lot of talented black employees, black writers in particular over the years and we need to become a place where our black employees have confidence that they can build their careers and grow and prosper. And that's going to take a lot of work, a lot of different types of work and we're committed to working on that. A third part is representation in our work and representing our values in our work where we want our work to reflect the audience that consume the work. And that is part of the work.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“A recent guest of the pivot podcast, John Rice and Management Leadership for Tomorrow, to John helped organize a survey and listening and applied their expertise. We talked to our employees. And we developed what I'll call like a four-pronged plan, which we're accelerating now in resourcing and even in a time of tough resources, we are growing our resources against this plan. It includes elements of representation at all levels where we absolutely need to be better. I need to be better with my direct report team.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“We became a predominantly majority woman based company across just about all levels of the company. And on the side of, particularly for BIPOC and black and Latinx, Hispanic employees, we are not where we want to be. As I said in that note, and it was a note about our first observance of Juneteenth, but I wanted to make the point that while we were proud to observe Juneteenth, that's not our answer to systemic racism and systemic inclusion at Vox Media. We have been embarking on a plan which we started in real earnest, a structural plan last year. In fact, we partnered with”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“Well Lot wrong. A lot need to change. We started out, I've told this story previously, but we started out as a white male, predominantly white male team blogging and creating technology focused on sports. And as an early stage startup, you're thinking that my lesson learned is I was thinking about survival. I was thinking about growth. I was thinking about can we get to the next round to produce a product that people care about and keep jobs and grow? And then you get a few years into it and you look around and you realize this is not the company that we want. These are not the values. We're not upholding the values that we claim to care about. And you start to institute change. As you mentioned, both gender and race are issues on the gender side.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“How you emerge also is at this moment with the Black Lives, the protests that have been going on, the reflection that everybody is having. Now, if you're a terrible person like Shane Dawson and others, you're just trying to apologize for your shitty behavior over time. But I think everybody sort of has to talk about this idea. And one of the notes that you wrote on observing the Juneteenth holiday, which I thought was a really well done note, you said the positive actions we announced last week, including commemorating Juneteenth, are not in lieu of deeper structural change. We need to see at Vox Media. We will continue to thoughtfully accelerate our diversity, equity, inclusion work across the company. I will continue to communicate regularly with you and hold myself and our leadership accountable to this work. When you look at yourself, what you've done, it's obviously more white than it should be. It's not as diverse. There's a lot of more women in power, certainly at Vaks Media than anywhere else I've worked. But what do you feel like you've got?”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“Cable network in Atlanta to becoming a preeminent news organization based on that crisis and that opportunity. I see it in our own company as Vox, New York Mag, Intelligencer. Eater is like a phenomenal example of like you wouldn't expect it as restaurants shut down, but Eater has grown in its audience engagement, is providing a valuable service covering the industry. And so it's a real time for our brands to shine. And you see that in our numbers. And so we expect to as the crisis abates, we expect to emerge in a real position of strength, both by diversifying the business models and growing editorially and having more trust.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“On quality, you know, again, the bright. I talked about some of the business bright spots, but editorially, there's never been a stronger time for what we're doing. My first job in media was at CNN. I was an intern, a gopher, a production assistant just for a short period of time. I happened to be to age myself a little during the first Gulf War. And I saw CNN grow from a kind of not too well appreciated.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“Parts of our business are doing better, and I mentioned some of them, subscriptions, e-com podcasting, OTT, but our advertising business, which is still the majority of our business, took a big hit. We expected to come back, but we don't know when it will come back. And what is particularly hard is not so much the hit, because we know we'll bounce back from that, but what is hard is the visibility that we don't have into when things are coming back. And it makes it very hard to plan. And as such, it's a difficult exercise in cash management. It's a difficult exercise in communicating. Like everyone wants.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“Absolutely. It's a devastating time. It's always important to keep perspective. There is a global pandemic, a health crisis going on. That's the thing. And we as our company is rooted in editorial and journalism and we cover all of these topics. And so it's very close to home, but we also have people who work for us that, you know, we're experiencing the same issues that all companies are, keeping people safe, understanding what the future holds. And yes, because of the pandemic, there's a huge economic impact.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“For you and because they can be supported in ads, and when the economy is doing less well, there's a lot of talk about subscription. I think over time it comes to its own balance. But right now in podcasting, there's still a robust and growing ad market, and that's working well for us.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“The audience, but you'll have to consume them via the Spotify app and the Spotify ecosystem, which has implications for how they collect data, which has implications for how it's monetized, et cetera. And we, and most things we do support an open web view of things, including with podcasting, how it's monetized, you can be open and still monetized in different ways. I think right now we're in a place where kind of podcast subscriptions aren't making sense in part because there's so much amazing free to consumer ad supported content out there. There is a robust ad model. By the way, a lot of the conversation around ads versus subscription really has to do if you examine it, like how's the economy doing? And when the economy is doing well, people are like rushed to make things.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“Well, it's a great medium. I mean, if you zoom out one way of looking at what's happening is industries have been transformed, magazines have kind of been displaced by websites and platforms, TV broadcast is being displaced by OTT and radio talk radio and music radio is being displaced by, in the case of music by Spotify, Apple Music, et cetera. In the case of talk by podcasting. And right now podcasting is an open ecosystem, much like websites are. But there's a real threat that they can become more of a closed ecosystem. And I think even Spotify, with whom we partner and have a lot of respect for them, the podcast will be right now at least free to”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“To be diverse across our business models, diverse across our properties and titles and diverse across the platforms on which we program, ranging from TV to magazines to podcasts to good old-fashioned websites.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“I do I think subscription is absolutely growing and you need to have something worth paying for and we do. But what I think for publishers like ours, modern publishers, is a multi-pronged business model. I didn't even get into podcasting even though we're on one now. Please. Podcasting is great. And podcasting is, we have the Vox Media Podcast Network, which is a large and growing part of our audience and our revenue. But what I'm getting at is diversification of like real business models, whether it's subscription, whether it's OTT, whether it's commerce and affiliate, whether it's advertising and different types of advertising, audio advertising, video advertising, Vox Creative. We were voted the number one creative studios for advertisers in the business by Digitay last year. And that's a thriving opportunity for us. Even when you talk about advertising, there's different kinds of advertising too. And we aim.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“I do think there's going to be more push into subscriptions. It's an interesting. I just interviewed the CEO of Neva, Sridhar Ramaswamy, who was a top Google executive. I'm sure you know him. I do. And he was like subscriptions. I can finally, he didn't think it was fixable, the model that Google and others are working at. You end up in the bad place all the time. And so he thought, if you start from scratch, you have to go with subscription. And he can now make good choices and render good search versus bad search.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT
“I completely agree. And listen, I'm not trying to be hypocritical. New York Mag is a paywall product, and we're proud of that. You're right, different models for different audiences. And that's what we're looking into.”
2020-07-01 · Decoder with Nilay Patel · Recode Decode series finale: Vox CEO Jim Bankoff and fan-favorite guests · IDENTIFIED FROM THE TRANSCRIPT