Jason Citron - Building the Third Place - [Founder’s Field Guide, EP.4]

Jason Citron - Building the Third Place - [Founder’s Field Guide, EP.4]

My guest today is Jason Citron, founder and CEO of Discord. Discord is one of the largest and fastest growing social networks in the world. It started as a place for gamers to congregate online, but thanks to how easy it makes it to create a community of any type and its offering of text, audio, and video as means of communication, it has expanded far beyond gaming. It has the potential to become the default digital “third place” that we go to find belonging in a variety of online communities. With over 100 million users, it’s also one of the most interesting communications service businesses since the original social networks rose to power. Our conversation focuses on his background prior to Discord, Discord’s founding and growth, its business model and how it has evolved over the past 8 years, and what the future holds for Discord. As we talked, I had this sense that I’d be willing to go work for Jason, and I think you’ll see why. I hope you enjoy our wide ranging conversation. This episode is brought to you by Microsoft for Startups. Microsoft for Startups is a global program dedicated to helping “enterprise-ready” B2B startups successfully scale their companies. If you’re a founder running a B2B company targeting the enterprise, you should definitely check them out. This episode is also sponsored by Vanta. Vanta has built software that makes it easier to both get and maintain your SOC 2 report, at a fraction of the normal cost. Founders Field Guide listeners can redeem a $1k off coupon at vanta.com/patrick. For more episodes go to InvestorFieldGuide.com/podcast. Sign up for the book club and new email newsletter called “Inside the Episode” at InvestorFieldGuide.com/bookclub. Follow Patrick on Twitter at @patrick_oshag Show Notes (3:17) – (First question) – Lessons from his time as a video game developer (7:58) – Going from game developer to game development platform (12:23) – From his first startup to Discord (16:33) – Expressing the hypothesis of discord (20:10) – How to know what signal to build upon (22:11) – Early adoption of Discord (26:17) – Getting the word out about Discord in the early days (30:43) – Creating more than just a platform, but creating a third place for people to congregate (32:38) – The Great Good Place: Cafes, Coffee Shops, Bookstores, Bars, Hair Salons, and Other Hangouts at the Heart of a Community (32:55) – The evolution and expansion of the types of community using their platform (37:27) – Discord’s business model and how it’s evolved (41:32) – Enhancing communication through Nitro (45:05) – Big principles for company building at Discord (51:22) – His thoughts around competitive advantage for the platform (52:55) – Creating a holistic experience for the users (55:45) – What bothers him the most when hiring (57:47) – Kindest thing anyone has done for him Learn More For more episodes go to InvestorFieldGuide.com/podcast. Sign up for the book club and new email newsletter called “Inside the Episode” at InvestorFieldGuide.com/bookclub. Follow Patrick on Twitter at @patrick_oshag

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Harvey Sawikin - Emerging Market Opportunities - [Invest Like the Best, EP.75]

Harvey Sawikin - Emerging Market Opportunities - [Invest Like the Best, EP.75]

My guest this week is Harvey Sawikin, a co-founder and lead portfolio manager at Firebird Management, which manages funds dedicated to investing in emerging market equities. Emerging markets are often...

6 Helmi 20181h 2min

Anthony Pompliano - Full Tilt Investing- [Invest Like the Best, EP.74]

Anthony Pompliano - Full Tilt Investing- [Invest Like the Best, EP.74]

My guest this week is Anthony Pompliano. Pomp began his career in the military, and has since been a successful entrepreneur, worked as a head of growth at Facebook, and started Full Tilt Capital, an ...

30 Tammi 201846min

Dr. Ben Hunt - The Three-Body Portfolio - [Invest Like the Best, EP.73]

Dr. Ben Hunt - The Three-Body Portfolio - [Invest Like the Best, EP.73]

My guest this week is Dr. Ben Hunt, the chief investment strategist at Salient and the author of the extremely popular epsilon theory. I’ve always enjoyed Ben’s writing style, particularly his use of...

23 Tammi 20181h 9min

Preston Byrne - Crypto-pocalypse - [Invest Like the Best, EP.72]

Preston Byrne - Crypto-pocalypse - [Invest Like the Best, EP.72]

My guest this week is Preston Byrne. Preston is vocal critic of crazy prices and projects in the world cryptocurrencies. His background is in the legal world and also as a founder and former COO of Mo...

16 Tammi 20181h 13min

Ali Hamed – Creative Investing  - [Invest Like the Best, EP.71]

Ali Hamed – Creative Investing - [Invest Like the Best, EP.71]

I have a special request this week: share this episode with every curious person in your life.  The conversation, with a 26-year old investor named Ali Hamed, serves as an example of what’s possible ...

9 Tammi 20181h 18min

Sheel Tyle - The Future of Venture Capital - [Invest Like the Best, EP.70]

Sheel Tyle - The Future of Venture Capital - [Invest Like the Best, EP.70]

My guest this week is Sheel Tyle, who at just 26 years old has already had a successful career in venture capital. His most recent stint was as the co-head of the seed investing business at NEA, the l...

2 Tammi 201856min

Chris Dixon – The Future of Tech - [Invest Like the Best, EP.69]

Chris Dixon – The Future of Tech - [Invest Like the Best, EP.69]

My guest this week is Chris Dixon, who has written some of my favorite essays on technology and venture investing. Chris is a prolific investor and thinker, having been an entrepreneur, angel investor...

26 Joulu 20171h 1min

Sorin Capital – Retail Contrarians - [Invest Like the Best, EP.68]

Sorin Capital – Retail Contrarians - [Invest Like the Best, EP.68]

So far I’ve spent no time in the podcast discussing real estate, so I was excited to get the chance to talk to the team at Sorin Capital, a billion dollar hedge fund which specializes in commercial re...

19 Joulu 20171h 28min

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