Has the Silicon Valley Bubble Burst? A Conversation w Jessica Lessin & William Cohan

01/26/23 • 50 min

2 Listeners

Rapid-fire layoffs, activist investors at the gate and tumbling stock prices — tech has had a bad year. But Kara tells Nayeema she’s seen it all before and that the industry, if not all its captains, will survive this shake-up, too. In the panel interview, Kara is joined by two other journalists: Jessica Lessin, founder and CEO of The Information, a scoop-laden tech news platform covering Silicon Valley, and William Cohan, a former M&A banker and a founding partner at Puck, another excellent source for scoops.

They tackle what’s behind the long decline, and recent rally, of tech stocks, and when and how the Valley will bounce back. Then they zoom in on what Meta, Google, Microsoft, Amazon, Apple and Netflix will need to zoom in on to survive the storm. And Jessica offers a theory: the time is ripe for a changing of the old tech guard. Sorry, Elon — it may be time to step aside.

You can find Kara and Nayeema on Twitter @karaswisher and @nayeema.

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You can find Kara and Nayeema on Twitter @karaswisher and @nayeema.

Learn more about your ad choices. Visit podcastchoices.com/adchoices

Previous Episode

Biden’s Antitrust Advisor Left the White House. Here’s His Exit Interview

In his first extensive interview since he stepped down as the Special Assistant to the President for Technology and Competition Policy on the National Economic Council, Tim Wu shares what he learned in the West Wing. We find out who holds most sway with the President, how Lina Khan undid any perception that there is any antitrust exception for “nice guys,” and get Wu’s predictions on lawsuits against Google, Facebook, Amazon and Microsoft. Also: Kara presses him on why Biden — who campaigned on getting rid of Section 230 and hinted at breaking up Big Tech — hasn’t been able to make much headway when it comes to regulating Silicon Valley.

Before the interview, Kara and Nayeema look at exits, from Jacinda Ardern, the former prime minister of New Zealand, to Netflix co-founder Reed Hastings. And among all the exits, they also discuss one possible return: Meta’s looming decision regarding Donald Trump’s Facebook account.

You can find Kara and Nayeema on Twitter at @karaswisher and @nayeema.

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Next Episode

Mark Zuckerberg: Oops!...I Did It Again

When Meta announced Donald Trump would be allowed back on Facebook and Instagram, it wasn’t the company’s CEO Mark Zuckerberg who made the decision. He punted. So why is an executive who holds such control hiding from the power he has amassed? Kara has some ideas — she’s covered Mark from the jump, seen him sweat through interviews and gotten Mark to say things he probably wishes he hadn’t. So today, we then turn the tables and Kara Swisher is On with Nayeema Raza.

Together, Nayeema and Kara unpack an oral history of a company that, for far too long, hid behind the idea of being a small start-up and used that excuse to shamelessly make — and shamelessly repeat — costly mistakes. They journey through the first days of Facebook, examine how the company has navigated controversies from Cambridge Analytica to the Trump decision... and get a sense of why Kara will probably never get to interview Mark again.

You can find Kara and Nayeema on Twitter @karaswisher and @nayeema.

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