- Venture Capital - Andrew Siegel of Advance Publications - TWiVC #68

On this episode of This Week in Venture Capital, Mark Suster interviews Andrew Siegel of Advance Publications (parent company of Conde Nast and others) on the changing print landscape.

00:30 Welcome everyone, I'm here today with Andrew Siegel of Advance Publications.
1:45 Tell us a little about Advance Publications and your role there.
2:45 You're one of the largest publication owners in the world, aren't you?
3:30 You were running corporate development for Yahoo before this?
5:15 How do young entrepreneurs begin to work with a company like yours?
7:00 Do you disclose which funds you've invested in?
7:30 Thank you to Walker Corporate Law for sponsoring the show. Everyone follow @ScottEdWalker for some great insight into the legal process.
8:45 How do you feel about your properties? Do you feel protected from new media?
10:30 Is news being disaggregated?
11:30 Andrew on the importance of high-quality content.
15:00 Andrew tells about a time he heard a German tourist ID the Conde Nast building in NYC.
16:00 How do you view the transition of your magazines to the iPad, to e-readers?
17:45 Which other publishers "get it" the most?
21:30 How do you balance the people with more money than time--and with more time than money?
22:00 Why did Advance Publications buy Reddit?
24:45 Are there similarities between Twitter and Reddit?
25:30 How should entrepreneurs approach you for funding?
28:15 Thank you to Detroit Venture Partners for their support of the show! Check out detroitventurepartners.com.
31:00 Are you investing in email?
33:30 Discussion of Ian Roger's Topspin Media.
36:30 Andrew: Display advertising has a real problem.
38:00 What are your thoughts on product placements?
40:30 Have you been following the Dalton Caldwell vs. Twitter story?
44:45 Consumers want to have an authentic dialogue with a brand.
45:45 What's your process for investing in startups?
48:45 Is it fair to say that every company is different in terms of their M&A strategy?
51:00 Is Pinterest real? Are you seeing much real conversion from it?
52:30 Andrew, thank you so much for joining us today. And thank you to Detroit Venture Partners and to Walker Corporate Law.

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Mark: @msuster
TWiVC: @twivc
Walker Corporate Law: @scottedwalker
Detroit Venture Partners: @dvptweets
Andrew: @adsiegel

• Category

  • News
  • Science & Tech

• Starring:

  • Mark Suster

• Directed by:

  • Ian Hinck
  • Kenny Chen
  • Ben Wilbur
  • Branden Lymer

• Produced by:

  • Sam Osborn

[Andy Bramwell]

agreed, additionally once people who are currently oblivious to the bubble effect become informed - I believe we will see a strong resurgence in editorially robust media. There could be some opportunities in traditionally modeled channels pretty soon. I am going to help this process along a little by building some tools for the blissfully oblivious to burst out of their social news bubble.

[Paul LeBlanc]

If I'm in traditional media, this is a must see. Amazing interview!

[Whiskey Dick]

Are they filming in a church?

[bigbold2]

The stuff around 11m doesn't play out at all in my experience. Curation is even more important than ever, given the quantity of content. And people don't just want a random firehose of stuff from their social graph - they still value editorially strong curation and brands.