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Today in First Time Founders, Ed Elson speaks with Chris Best, co-founder and CEO of Substack. They discuss how the company stood out against competitors, why video has become increasingly important to its audience, and where the media industry is headed next. Timestamps: 00:00 - Intro 01:13 - Interview with Chris Best 01:29 - How do people not trusting news outlets affect the way you run Substack? 03:23 - What was the inspiration behind Substack? 05:21 - How did you start Kik and how did that help you with Substack? 09:04 - What is the core idea of Substack and how does it make it different from other platforms? 11:28 - Is Substack's innovation the paywall to view blogs? 15:32 - When did you realize that Substack was great? 18:47 - Was Substack a Covid phenomenon and how has it been able to keep growing? 22:16 - Ad Break 24:40 - Could Substack be considered social media? 28:21 - Is Substack becoming something it was not supposed to be? 32:51 - Does Substack feel like a better platform due to its rules or the target audience? 39:46 - Will Substack replace other social media platforms? 45:21 - Ad Break 47:16 - What are the qualities of Substack if we were to compare it to a city? 50:39 - Why is Substack getting into live streaming? 59:12 - Can Substack help young people get smarter by being in a better platform? 01:01:29 - Credits Subscribe to The Prof G Pod on Spotify https://open.spotify.com/show/5Ob5psT... Want more Prof G? Check out everything we're up to at https://profgmedia.com/ #business #news #tech #finance #stockmarket #profg #scottgalloway #edelson #entrepreneur #founder #ceo #substack #socialmedia #kik