The New York Times Company
Transcribed with NVIDIA Parakeet · Timestamps stay in sync with the live audio
All right. High energy. Yeah. Need some energy to get through. Hundred and uh seventy years. Woo It's literally a hundred and seventy years. It's crazy.
Welcome to Season 8, Episode 2 of Acquired, the podcast about great technology companies and the stories and playbooks behind them. I'm Ben Gilbert, and I'm the co-founder of Pioneer Square Labs, a startup studio and venture capital firm in Seattle. And I'm David Rosenthal and I am an angel investor based in San Francisco. And we Are your hosts.
For over a hundred years, you would have been hard pressed to find a better business in the world than an American newspaper. Each one had a local monopoly, an incredibly profitable advertising business, and it was one of the earliest examples of a reasonably low marginal cost business and It's dirt cheap to just print another copy of the paper. The newspaper business was For a long time, Warren Buffett's canonical example of a franchise, like the best
We already have this episode, so unlocking it is cheap and permanent: the full transcript, segment and word-level timestamps, and .txt, .srt, .vtt and word-level JSON downloads, as many times as you like, forever.
No account needed, we create one from your checkout email. With credits it is 1 credit; packs start at 10 episodes for $5, and monthly plans are cheaper still.