a16z Podcast

The Truth about 1000 True Fans + Pricing Our Attention


Listen Later

The idea of "1000 true fans" -- first proposed by Kevin Kelly in 2008 and later updated for Tools of Titans -- argued that to be a successful creator, you don’t need millions of customers or clients, but need only thousands of true fans. Such a true, diehard fan "will buy anything you produce", and as such, creators can make a living from them as long as they: (1) create enough each year to earn profit from each fan, plus it's easier and better to give existing fans more; (2) have a direct relationship with those fans, which the internet (and long tail) now make possible.

But patronage models have been around forever; what's new there? How has the web evolved; and how are media, and audiences/voices finding and subscribing to each other changing as a result? If the 1000-true-fans concept is also more broadly "useful to anyone making things, or making things happen" -- then what nuances do people often miss about it? For instance: That there are also regular fans in the next concentric circle around true fans, and that the most obscure node is only one click away from the most popular node.

Finally -- when you combine this big idea with another idea Kelly proposed in his most recent book The Inevitable (covered previously on this episode) on inverting attention economies so audiences monetize their attention vs. the other way around, how do we connect the dots between them and some novel thought experiments? In this hallway-style episode of the a16z Podcast, which Sonal Chokshi recorded with Kevin in our pop-up podcast booth at our most recent a16z Summit, we discuss all this and more. Because on average, we all currently surrender our attention (whether to TV, books, or whatever) for about $3 an hour. Whoa?!

 

image: whatleydude/Flickr

Stay Updated:

Find a16z on X

Find a16z on LinkedIn

Listen to the a16z Podcast on Spotify

Listen to the a16z Podcast on Apple Podcasts

Follow our host: https://twitter.com/eriktorenberg

 

Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures.


Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

...more
View all episodesView all episodes
Download on the App Store

a16z PodcastBy Andreessen Horowitz

  • 4.3
  • 4.3
  • 4.3
  • 4.3
  • 4.3

4.3

996 ratings


More shows like a16z Podcast

View all
This Week in Startups by Jason Calacanis

This Week in Startups

1,292 Listeners

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

536 Listeners

Equity by TechCrunch, Rebecca Bellan, Kirsten Korosec, Anthony Ha, Max Zeff, Theresa Loconsolo

Equity

340 Listeners

Masters of Scale by WaitWhat

Masters of Scale

3,990 Listeners

Y Combinator Startup Podcast by Y Combinator

Y Combinator Startup Podcast

236 Listeners

16 Minutes News by a16z by Andreessen Horowitz

16 Minutes News by a16z

104 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,913 Listeners

Dwarkesh Podcast by Dwarkesh Patel

Dwarkesh Podcast

71 Listeners

Raising Health by Andreessen Horowitz, a16z Bio + Health

Raising Health

145 Listeners

a16z Live by Andreessen Horowitz

a16z Live

25 Listeners

web3 with a16z crypto by a16z crypto, Robert Hackett, Sonal Chokshi

web3 with a16z crypto

61 Listeners

No Priors: Artificial Intelligence | Technology | Startups by Conviction

No Priors: Artificial Intelligence | Technology | Startups

131 Listeners

The Ben & Marc Show by Marc Andreessen, Ben Horowitz

The Ben & Marc Show

119 Listeners

BG2Pod with Brad Gerstner and Bill Gurley by BG2Pod

BG2Pod with Brad Gerstner and Bill Gurley

515 Listeners

AI + a16z by a16z

AI + a16z

34 Listeners

Lightcone Podcast by Y Combinator

Lightcone Podcast

22 Listeners

Training Data by Sequoia Capital

Training Data

39 Listeners

Uncapped with Jack Altman by Alt Capital

Uncapped with Jack Altman

39 Listeners

Cheeky Pint by Stripe

Cheeky Pint

43 Listeners