Daniel Ek - Enabling Creators Everywhere - [Invest Like the Best, EP. 242]

1h 26m ·

Daniel Ek - Enabling Creators Everywhere - [Invest Like the Best, EP. 242]

Today is a special episode because it marks five years since I released the first episode of Invest Like the Best. Over those years, I’ve learned so much from so many investors and builders, but today’s guest may have taught me the most.

 

Daniel Ek is the CEO and founder of Spotify, and I find him to be one of the most thoughtful business leaders in the world. Daniel is the perfect guest for this special occasion because he exemplifies the curiosity, humility, leadership, and dogged determination that I think characterizes the best investors and operators.

 

In our conversation, we discuss the differences between the world of bits and atoms, how Daniel gets up to speed in challenging new fields, and why Europe might be a sleeping giant about to wake. We then bring the discussion back to Spotify, the evolving creator ecosystem, and Daniel’s frameworks for leading the business into its next chapter of growth.

 

Over the past 5 years, we’ve produced more than 300 of these shows and reached nearly 30 million people. I am deeply thankful to the guests who’ve been willing to share their knowledge with us all and even more thankful to everyone who has taken the time to listen and learn alongside me. This has truly been the greatest pleasure of my career, and I don’t plan on ever stopping this journey.

 

Now, Please enjoy my conversation with a great friend, Daniel Ek.

 

For the full show notes, transcript, and links to the best content to learn more, check out the episode page here .

 

 

This episode is brought to you by Canalyst . Canalyst is the leading destination for public company data and analysis. If you've been scrambling to keep up with the deluge of IPOs and SPACs these days, Canalyst has models on Robinhood, Marqeta, Grab, and everything in between. Learn more and try Canalyst for yourself at canalyst.com/patrick .

 

 

This episode is brought to you by Eight Sleep . Eight Sleep's new Pod Pro Cover is the easiest and fastest way to sleep at your perfect temperature. Simply add the Pod Pro Cover to your current mattress and start sleeping as cool as 55°F or as hot as 110°F. To embrace the future of sleep and get $150 off your new mattress go to eightsleep.com/patrick or use code "Patrick".

 

 

Invest Like the Best is a property of Colossus, Inc. For more episodes of Invest Like the Best, visit joincolossus.com/episodes .

 

Past guests include Tobi Lutke , Kevin Systrom , Mike Krieger , John Collison , Kat Cole , Marc Andreessen , Matthew Ball , Bill Gurley , Anu Hariharan , and Ben Thompson .

 

Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here .

 

Follow us on Twitter: @patrick_oshag | @JoinColossus

 

Show Notes

[00:03:37] - [First question] - Building atoms versus bits and if we’re destined to return to atoms

[00:08:04] - What makes early-stage atoms companies more challenging to build

[00:10:20] - Whether or not we’re starting to see cross-pollinating of infrastructure companies into other sectors

[00:13:00] - His process for learning about new fields when he knows nothing

[00:16:12] - Big and interesting problems that we will need to solve

[00:19:35] - The nature of healthcare’s technological adoption compared to other sectors

[00:24:13] - Downstream unlocks of collecting and observing big pools of data

[00:30:00] - What he has found effective about taking an idea from 0 to 1

[00:33:40] - Lessons learned about compounding change and staying patient

[00:37:17] - History of European technology and its unique regional characteristics

[00:42:40] - Cultural and continental traits that may make Europe a technological leader

[00:45:42] - Characterizing the major lessons learned from his time at Spotify

[00:50:31] - How artists are changing the ways they connect with their fans via Spotify

[00:55:44] - What he would change about the legacy music industry given today’s tools

[01:00:15] - The influence global exposure has on internet companies and creatives

[01:03:02] - Interesting observations about the recent explosion of podcast popularity

[01:07:36] - Working with, carrying, spreading, and maintaining Spotify’s sacred source

[01:12:37] - Ways we can improve and sharpen our decision-making skills

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  • Mario

    Gold. Jesus Christ. How do you do it?

    ·1 like·
    Chris

    Packed with purpose! These short bites of knowledge and wonder will give you inspiration to stay on your mission, build consistency, and serve others with all your heart!

    6 days ago·4 likes·
    Lisaa

    Albert Einstein said, 'If you can't explain it simply enough, you haven't understood it well enough'.Dr Andrew brings such simplicity to explaining the workings of the brain. It's actually a hacker's guide into our own brain. You are doing great service to humanity Dr Andrew.

    6 days ago·8 likes·
  • Gillian

    10:30 --> 20:00 amazing bit

    ·2 likes·
    Gillian

    I find these weekly podcasts to be super inspirational, they seem to always motivate me to look at my purpose. Matt not only brings in his personal life experiences but he delivers them in such a way that they are relatable.

    6 days ago·10 likes·
    Daisyee

    This one really hits home

    6 days ago·1 like·
    Roober54

    Gold. Jesus Christ. How do you do it?

    6 days ago·6 likes·
  • Moriss

    Albert Einstein said, 'If you can't explain it simply enough, you haven't understood it well enough'.Dr Andrew brings such simplicity to explaining the workings of the brain. It's actually a hacker's guide into our own brain. You are doing great service to humanity Dr Andrew.

    ·10 likes·
    Markus

    Is that a prop 😂

    6 days ago·7 likes·

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