The a16z Show

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 YouTube: YouTube

Find a16z on X

Find a16z on LinkedIn

Listen to the a16z Show on Spotify

Listen to the a16z Show 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

The a16z ShowBy Andreessen Horowitz

  • 4.3
  • 4.3
  • 4.3
  • 4.3
  • 4.3

4.3

1,017 ratings


More shows like The a16z Show

View all
This Week in Startups by Jason Calacanis

This Week in Startups

1,298 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

539 Listeners

The Knowledge Project by Shane Parrish

The Knowledge Project

2,684 Listeners

Founders by David Senra

Founders

2,196 Listeners

Masters of Scale by WaitWhat

Masters of Scale

3,986 Listeners

Y Combinator Startup Podcast by Y Combinator

Y Combinator Startup Podcast

234 Listeners

16 Minutes News by a16z by Andreessen Horowitz

16 Minutes News by a16z

105 Listeners

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

All-In with Chamath, Jason, Sacks & Friedberg

10,222 Listeners

Dwarkesh Podcast by Dwarkesh Patel

Dwarkesh Podcast

555 Listeners

Raising Health by Andreessen Horowitz, a16z Bio + Health

Raising Health

152 Listeners

a16z Live by Andreessen Horowitz

a16z Live

25 Listeners

ACQ2 by Acquired by Ben Gilbert and David Rosenthal

ACQ2 by Acquired

296 Listeners

a16z crypto show by a16z crypto, Robert Hackett, Sonal Chokshi

a16z crypto show

59 Listeners

Moonshots with Peter Diamandis by PHD Ventures

Moonshots with Peter Diamandis

593 Listeners

No Priors: Artificial Intelligence | Technology | Startups by Conviction

No Priors: Artificial Intelligence | Technology | Startups

141 Listeners

Latent Space: The AI Engineer Podcast by Latent.Space

Latent Space: The AI Engineer Podcast

99 Listeners

BG2Pod with Brad Gerstner and Bill Gurley by BG2Pod

BG2Pod with Brad Gerstner and Bill Gurley

458 Listeners

AI + a16z by a16z

AI + a16z

33 Listeners

TBPN by John Coogan & Jordi Hays

TBPN

141 Listeners