Latest / AI for Founders with Ryan Estes / World’s Smartest Podcast App
Transcript
- 0:00Welcome to AI for Founders. I'm Ryan Estes.
- 0:02Today's episode starts with a simple question.
- 0:04What happens when the world's smartest podcast app is built in
- 0:08a country obsessed with precision, craftsmanship and
- 0:11self responsibility, and then shipped to founders who
- 0:14desperately need to learn faster?
- 0:16Because here's the tension. Podcasts have become the biggest
- 0:19knowledge library on earth, yet most people forget everything
- 0:22they hear. Our guest today, Kevin Smith,
- 0:25founder of Snipped, decided that was unacceptable, so he built
- 0:29the world's greatest AI powered podcast app from Zurich, one of
- 0:33the top AI hubs on the planet surrounded by Google, Apple,
- 0:38Meta, Open AI and ETH talent. In this conversation, Kevin
- 0:42breaks down why Zurich gives founders an unfair talent
- 0:45advantage, why 74% of podcast listeners use podcasts to learn
- 0:50how to build an AI native product, not an AI add on in the
- 0:54future of audio chat with episodes discoverability and AI
- 0:58driven learning loop. If you're a founder who listens
- 1:01to learn, builds with AI, or wants to extract every hidden
- 1:04insight from every episode you hear, this episode is absolutely
- 1:08for you. And if this episode electrifies
- 1:11your brain like it did mine, go join the 27,000 founders reading
- 1:15AI for founders.co. It's where ideas go to level up.
- 1:20Subscribe to the newsletter and your future self.
- 1:22Well, thank you. Possibly with Equity.
- 1:24It's the only newsletter where AI founders and impossible
- 1:27ambition collide at full speed. And if you enjoy today's
- 1:30episode, please leave a review. Ideally the kind of review that
- 1:34makes future generations wonder if we paid you.
- 1:37Today's episode is brought to you by Kick Caster, the platform
- 1:40that's helped over 800 founders land high value podcast
- 1:43interviews that turn into customers, partnerships, and
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- 1:48a founder isn't solving the problem, it's getting people to
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- 2:37That's Kickcaster by MO Burst. All right, Kevin, welcome to the
- 2:55show. Thanks so much for coming on.
- 2:57Thanks. Thanks for having me, Ryan.
- 2:59Absolutely. My pleasure.
- 3:01Today we're talking to Kevin. He is the founder of the world's
- 3:05greatest podcast app named Snipped.
- 3:08I absolutely love it. And I want to talk all about
- 3:10podcasts and the app and all that.
- 3:12But first I'm very interested because you guys are based in
- 3:15Switzerland, Zurich to be precise.
- 3:18And it, this is one of the few places outside of Colorado that
- 3:21I actually have been to. So do you think there's a
- 3:24competitive or unfair advantage you have headquartering a
- 3:29company in Zurich, Switzerland? Actually, I do, yes.
- 3:33So I mean, Zurich is very interesting outside of the USI
- 3:36would say Zurich is one of the top AI centers of the world.
- 3:40It's all thanks to the university there, ETH, which you
- 3:44know it, it's famous for. Albert Einstein once studied
- 3:48there. Now the this university has
- 3:52pulled in so much tech talent over the years.
- 3:54It's actually the largest tech hub of Google outside of the US.
- 3:59Apple is here, Facebook is here doing a lot of AI things and
- 4:03Reality Labs, Open AI and Swapic have also opened up locations.
- 4:09So this actually makes Zurich a really nice location to get
- 4:13great talent. But at the same time, you have,
- 4:18it's not Silicon Valley, so you're not competing as much
- 4:20with all of these other start-ups that are around and
- 4:24you can actually stand out a bit.
- 4:25And finally, the third one is, of course, you have nature.
- 4:29You have the Alps just around the corner, which is an
- 4:32unbeatable perk if you're into nature and love, like on the
- 4:36weekend, you know, going for a hike, going skiing or anything
- 4:39in that direction. Yeah.
- 4:41I mean, I was in Zurich a lifetime ago, but it was
- 4:45absolutely eye opening, like how technologically advanced it was
- 4:50even then. We're talking about like the
- 4:5190s, late 90s. I mean, it it in comparison to
- 4:55Denver, which is my hometown. I mean, if you walked past the
- 5:00recycling bin, all of the wine bottles are stacked neatly in
- 5:05the the recycling, you know? Yes, yes, that is Switzerland.
- 5:09Immaculately clean everywhere. You know, when you go to the
- 5:13countryside and you see the the cows in the countryside, they're
- 5:16all brushed and they have like a beautiful leather collar with a,
- 5:22a beautiful brass bell. You like, everything is like
- 5:26really touched and placed. And you know, when I was there,
- 5:30I was a teenager and I met all these other teenagers.
- 5:34They're kind of the rejects that got kicked out of school.
- 5:36It's pretty amazing because they learned English from watching
- 5:39like Goodfellas and The Godfather.
- 5:41So they all had just these unbelievable potty mouths.
- 5:44It was incredible. But running around with them was
- 5:47an absolute blast. I mean it, it was so fun.
- 5:50And what was interesting to me is that they all had different
- 5:54internships. So you know, one was becoming a
- 5:57florist and at the time, you know, a florist is a six figure
- 6:00job. One was becoming a, a Carpenter
- 6:03and this is like a six year apprenticeship.
- 6:04So it's just an interesting culture because they pay
- 6:08attention to craft in in a large way, which I always really
- 6:12appreciate. There seems like there's kind of
- 6:14a tension between art and craft, and in the recent years I've
- 6:18become a little disillusioned and bored with art, but I always
- 6:22find a pleasure in in craft. Do you think that rubs off a
- 6:27little bit being in Switzerland? 100% So the, the way I love to
- 6:34let's say characterize Switzerland is it's a country
- 6:37where everyone living here has this.
- 6:41There's actually German word for it.
- 6:42It's there's not the best English word, but basically it
- 6:45means you have self responsibility.
- 6:48So instead of what that means is instead of you have instead of
- 6:53creating rules and forbidding all of the different things,
- 6:56people have a certain sense of, no, I should do the right thing.
- 7:01And you know, you were talked about these wine bottles that
- 7:04that were stacked neatly next to the container.
- 7:07That is sort of a cultural thing.
- 7:09We're growing up here. People just learn like, no,
- 7:12that's you should do that. And then people do it.
- 7:15But thanks to that culture being there, that actually creates a
- 7:20quite liberal society where you do not have to create too many
- 7:24rules, like you do not have to forbid everything.
- 7:26And that was actually something that was quite became quite
- 7:29evident during the COVID years, because Switzerland, for those
- 7:34people who are not as familiar with like European geographies,
- 7:37Switzerland is just neighboring Germany.
- 7:40And in Germany, the COVID rules were much, much stricter, very,
- 7:43very, very strict. And like Germans, they didn't
- 7:47understand like, why? Why is Switzerland being so like
- 7:51relaxed about these rules? But the reason is because the
- 7:53culture is actually that that people do not like they they
- 7:57realize the situation, then, OK, maybe you shouldn't go to the
- 7:59next like big party and then visit your grandmother the next
- 8:03day. And if you have that, then you
- 8:05do not need as many rules, which which creates more freedom,
- 8:08which which I really love. So that's like the number one
- 8:11thing that I like how to to characterize Switzerland as
- 8:13second one is you called it craft.
- 8:15For me, it's something, it's a society that values quality.
- 8:22And this is actually for me, like at the, the, the, the
- 8:25upstream where everything else is, is downstream of that.
- 8:29You can sell a product here which is higher quality.
- 8:34You can sell that at a higher price and people will be willing
- 8:38to pay that higher price because they get the quality.
- 8:41And that creates a market where higher quality goods will be
- 8:45created. And I, I see like my impression
- 8:49when for example, when I go to the UK and to be honest, also
- 8:53when I go to the US, sometimes there are certain things where I
- 8:57have the impression not too many people value a certain a certain
- 9:04quality. And that's why it doesn't exist
- 9:06in the market. Because of course they're
- 9:07creating that quality costs more.
- 9:10But if you don't get the price for it, if, if the the customer
- 9:13in a way is not willing to pay the money for it, then you're
- 9:17just losing money. So the market to converges
- 9:21towards the, the more, the cheaper and then less, less,
- 9:26less high quality. Good.
- 9:30So yeah, that's that's what I really like about Switzerland.
- 9:33Yeah, I mean, the value just compounds over centuries
- 9:36ultimately. Like there there has to be a
- 9:38kind of a standard and then people follow that and it just
- 9:41elevates and elevates, you know, I mean truly like pushing the
- 9:45boundaries on on all the kind of major social issues of our time.
- 9:49I remember like cannabis was legalized.
- 9:51It wasn't legalized, but you could go buy cannabis and it'd
- 9:55say aromatherapy. That's like, OK, yeah, I I guess
- 9:59so. You know, I mean, when when
- 10:02people would come to a stop at a traffic light, they would turn
- 10:05their cars off because they didn't want the exhaust to,
- 10:07like, pollute the neighborhood. You know, I I mean, the kind of
- 10:11conscientiousness is just unbelievable when you flash
- 10:14forward to any major city in the United States, you know, when
- 10:17people have their pants off, smoke and fentanyl off foil with
- 10:20a syringe sticking out of their neck, throwing Slurpees at each
- 10:23other. You know, the states have a long
- 10:25way to go before we reach that. Yeah.
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- 13:02defining together. I'd love to trash United States
- 13:05when I can. I love it here though.
- 13:07I mean, one thing that I do do like to mention here is for, you
- 13:12know, I, I know also had a little bit of a criticism of the
- 13:15US when it comes to this quality thing.
- 13:18But as an outsider, like someone who lives in, in Europe and, you
- 13:23know, have spent a lot of like I grew up in Germany and obviously
- 13:27I spend a lot of time in different countries here because
- 13:29it's just like everything is so close.
- 13:32The one thing that the, that I would say the US has, and it
- 13:36just has it so much more than Europe is this culture of
- 13:41entrepreneurship or like entrepreneurial thinking.
- 13:46And I, I think often people living in the US, they, they
- 13:50take it for granted. And so I like to like point that
- 13:54out like, hey, this is something extremely valuable that you have
- 13:58that is not easy to create. Like especially again, I grew up
- 14:02in Germany, in Germany that is, that is like that is my biggest
- 14:06criticism actually of Germany. Like the entrepreneurial
- 14:09thinking is just not there. People think of these, OK, you
- 14:13have these big companies like Volkswagen and you know, you go
- 14:17work there, but like being innovative and disrupting this
- 14:22and creating a start up. It's it's, it's just missing in
- 14:25in the culture. And, and I think that's a big,
- 14:27it's a big problem there. So, yeah, never forget that you
- 14:32have that and that's that's incredible.
- 14:34Yeah, thank you. I now what do you attribute that
- 14:37to? You know, like Germany's kind of
- 14:39maybe a not excelling at entrepreneurship as much.
- 14:42I mean, and also maybe it's just because the edge of the mean for
- 14:46entrepreneurship in America is so dramatic.
- 14:48You know, the ability to like become a billionaire here is, is
- 14:52real, You know, it's, it's not likely.
- 14:53But like you see like a lot of billionaire class now, you know,
- 14:58so they're very visible. So it maybe that contributes to
- 15:01the feeling of the entrepreneurship.
- 15:04Now I know I'm biased because I've met thousands of
- 15:07entrepreneurs, you know, so I see it for sure.
- 15:09There's a creative spark that exists here.
- 15:12Why do you think it it's lacking in in Germany?
- 15:16So my description of it would be I find German culture has does
- 15:23not look kindly upon people who are in a way trying to stand out
- 15:29or trying to be too like going for pure excellence in the sense
- 15:35of thinking big, like having a big vision, vision.
- 15:39That is just not something that German culture takes kindly to,
- 15:45at least these days. I mean, I, I can't tell you
- 15:47exactly where this is coming from.
- 15:48My, I wouldn't be surprised if this is something that has to do
- 15:52with the aftermath after World War 2, where of course a lot of
- 15:56cultural change had to happen. And before that you sort of had
- 16:00this, you know, like this crazy guy who was thinking in two big
- 16:04terms and, and, and created all of this evil.
- 16:10Maybe that is where it comes from.
- 16:11It's difficult for me to say, but you can feel that there's a
- 16:15really great example like when while I was growing up, so this
- 16:18is now already, I don't know, 20 years ago or something like
- 16:20that. A very popular former chancellor
- 16:25gave an interview like he was already 7080 or something like
- 16:30that. And the interview asked him
- 16:32about like, what's your like, what kind of vision is there for
- 16:37Germany? And his response was, if you
- 16:40have visions, you should go to the doctor.
- 16:45So basically like in Germany, it's the same word basically for
- 16:49hallucinations, vision and, and like, yeah, so and, and, and
- 16:53that is like a very representative thing.
- 16:55How like, that was an edge with a lot of people.
- 16:59And there has to be a cultural shift towards no, we, we, we
- 17:05have to allow people who might be then also sometimes a bit
- 17:07crazy, you know, like they think differently, but they go for
- 17:12something and they have this big vision and, you know, sometimes
- 17:14you don't reach it. And then that's OK because
- 17:17that's in the next thing. Like failure is, is not as
- 17:20culturally accepted. It's more like, you know, if you
- 17:22do a company and phase like, you know, that guy didn't I, I
- 17:26always knew that guy had had no clue about this whole thing like
- 17:29this, this whole big, big vision.
- 17:31And he, I don't know, he wanted to go to Mars.
- 17:33How stupid was he? And yeah, that's a bit where,
- 17:38where where it comes from. Or like it's Brit, my take out.
- 17:41Crabs in a bucket. We all have to deal with that
- 17:44for sure. I I kind of like metaphor,
- 17:46though, you know, if you have a vision or a hallucination, you
- 17:49should go see the doctor. And it's like that, it's
- 17:51insinuating that there's something wrong with you.
- 17:53But really, you should go see the shaman because they'll have
- 17:56to. They'll have you enact that,
- 17:57that vision. You know what I mean?
- 17:59Yeah. That's.
- 18:02Yeah, like I grew up with the Lakotas, you know, and if you
- 18:05have a vision, then they're, they're like, congratulations,
- 18:08that's exactly what you're going to do, you know?
- 18:10So there's there's that. Asking.
- 18:12Culturally, you know, medicine is rising, but this kind of new
- 18:15shamanism is rising too. So we'll see.
- 18:17Maybe there there's chance. So were you born in Germany?
- 18:22Yes, I was actually born in Germany and then we moved back
- 18:25to to England. So my, my father's English, my
- 18:27mother's German, then first spent the first couple of years
- 18:31of my life in Germany until moving back to, to Germany.
- 18:35And then grew up like my formidable years, as you would
- 18:38say, like my youth, spent that in Germany.
- 18:41Yeah. Until, until coming to
- 18:43Switzerland, yeah, like 13 years ago now.
- 18:46Nice. I could tell largely because you
- 18:48were two minutes late for this podcast and I, I feel like I
- 18:52need to report you to the Swiss, the Swiss overlords.
- 18:56Yes, yes, for sure, for sure. Yeah, like the that would not
- 19:00happen with the Swiss trains here.
- 19:02I'd be fired for sure. Yeah, I went to like Zuri Fest
- 19:06or something like that and it was, it was amazing because like
- 19:09they, they had a big beautiful like fireworks display and it
- 19:13started at 10:00 PM on the dot and ended at 10:30 on the dot.
- 19:18I was like, oh, it's great. I love it.
- 19:20Set set your watch to the fireworks display.
- 19:23You know what I mean? Yeah, yeah.
- 19:24I mean, one, one thing that often when I have visitors here
- 19:27from who are not as familiar with Switzerland, like we're
- 19:30we're standing on the train platform and at some point the
- 19:34announcer says, we're very sorry, the train is delayed by
- 19:38two minutes. And they're like what?
- 19:42Like why was there an announcement like 2 minutes
- 19:45late? That's that's not late.
- 19:47That's just that's early. That's a rounding margin, like
- 19:51what are we talking about? Yeah, I appreciate it though.
- 19:54It's great. Awesome, man.
- 19:55OK, let's get into it. I'm really excited about your
- 19:58your product. Snipped is a podcast player and
- 20:03I, I encourage everybody to go pause the podcast.
- 20:06Whatever you're listening to it or you're on Spotify or you're
- 20:09on Apple, whatever, pause, go to the App Store, go get Snipped
- 20:13and listen to the rest of this album or this this podcast
- 20:17episode. Also subscribe, like and follow
- 20:20over there. Can use it for the algorithm.
- 20:23But it's extraordinary and you're going to love it.
- 20:24So Kevin Breakdown snipped for us exactly what it does and who
- 20:29it's for. Yeah, so Snipped is an AI
- 20:31powered podcast app for people who listen to podcasts to learn,
- 20:35to follow their curiosity, to become more knowledgeable and
- 20:38the like. The, the feature that we're most
- 20:40known for, where also the name comes from SNPT, is that
- 20:43whenever you hear an incredible insight that you want to
- 20:46remember, you can just tap your headphones and the AI saves what
- 20:52you just heard as a clip and creates a summary of that
- 20:55insight. And this created object, we call
- 20:59it a snip. So the clip together with the
- 21:01transcript with this AI generated summary and the SNP is
- 21:05now saved in your knowledge library.
- 21:06You can come back to it at any time.
- 21:08You can share it with friends, you can post it on social media,
- 21:11or if you're into note taking, you can even even connect it
- 21:14with your notes app. So this is what we're most known
- 21:18for. But our like over, over the
- 21:21days, our, our vision has become bigger and bigger.
- 21:24Like basically what we want to do is we want to build the, the
- 21:27number one spoken audio platform for people who listen, to learn,
- 21:32follow their curiosity, become more knowledgeable as as I
- 21:35mentioned earlier. So we've built and we keep
- 21:38building all of these AI features that help you on this
- 21:41journey. So for example, in on snip, you
- 21:44can chat with a podcast episode the same as you can chat with
- 21:48ChatGPT in order to look something up, which we've
- 21:51something, get a custom summary and like get get some notes out
- 21:55of it for, for afterwards. We identify all of the books
- 22:00that get recommended on an episode.
- 22:02So in case we get back, we, we get around to books later, we,
- 22:06we identify all of the books. We show them to you in a nice
- 22:09way with one tab. You can, you can go to a
- 22:12platform where you can buy them. We identify all of the guests.
- 22:15We create a mini bio around the guests.
- 22:17You can see all of the the, the episodes that that the guests
- 22:20have been on. You can find similar guests in
- 22:23order to discover more. If you, if you see, Oh, this is
- 22:26an expert on sleep, like who other, what other experts on
- 22:29sleep have been, have been out there on and on podcasts.
- 22:32Yeah. And we, we, we have a lot more
- 22:34ideas for the future, which maybe we can talk about later.
- 22:38But it's all driven towards if you are someone who again sees
- 22:44as us sees podcast actually as one of the largest sources of
- 22:47knowledge out there. And that's one of the big
- 22:49reasons why you listen. Yeah, that's the that's who
- 22:53we're building snip for. You know, and I feel like you
- 22:57built this app for me and for listeners of this podcast
- 23:02because the way you're talking about it and the way it's being
- 23:04presented and marketed as podcast being a place you go to
- 23:07learn. I mean, if you're on the home
- 23:09page, you know, you've got Huberman, you've got Lex, you
- 23:12got Lenny's podcast on there. These, you know, acquired, these
- 23:15are in steady rotation for me. And this idea of going to
- 23:19podcast is a source of learning. And you, you can use the snip
- 23:23to, to, to remember to share it, like you said, But it's an
- 23:27interesting position, largely because people that go to
- 23:30podcasts to learn are probably maybe 110th of like the, the
- 23:33greater podcast market. You know, I mean, if you, you
- 23:36think about the biggest podcasts or the biggest podcast category,
- 23:39it's like true crime. It's like, you know, kind of C
- 23:43list celebrities just having fun comedy podcasts.
- 23:47Why specifically go after folks that want to learn with
- 23:51podcasts? Yeah, so I mean, the Y is
- 23:55actually quite simple because at the end of the day, I'm building
- 23:58this product also for myself. So I'm the number one, the
- 24:02number one customer, the number one target audience.
- 24:06Like my, my journey came a bit from I, I was always someone who
- 24:11growing up, I looked at all of these books, like non fiction
- 24:13books that sounded super interesting and I like, I wanted
- 24:16to get that knowledge out of these books and into my brain.
- 24:20But I had one big problem. And that was I really, really
- 24:23did not enjoy the physical act of reading.
- 24:27I enjoyed gaining that knowledge and thinking about it.
- 24:30But like this reading, I, I just did not enjoy it.
- 24:33And at some point I discovered audiobooks and podcasts and
- 24:38actually my, really my, my game changer moment was before I
- 24:42started Snap. I joined an early stage startup
- 24:46here in Zurich and that was my first experience in the start up
- 24:49world I had. I had no idea.
- 24:52So the founder recommended this podcast to me called How to
- 24:55Start a Start Up, which was done by Sam Altman long before he was
- 24:59at Open AI actually. He was at YC.
- 25:02Yeah, exactly. He was the CEO of Y Combinator
- 25:05and every single episode, it was basically his course that he
- 25:08taught at Stanford and turned into a podcast.
- 25:10Every single episode was, you know, one of the biggest
- 25:13entrepreneurs at the time talking about one particular
- 25:17aspect. And, and here I was, you know,
- 25:20in, in, in, in Switzerland and Zurich on the other side of the
- 25:23planet. I was riding my bike to work
- 25:25every day and then just learning from these incredible people,
- 25:29these incredible people that I would never get the chance or I
- 25:32never dreamt of getting the chance of like being in the same
- 25:35room with them and, and hearing like their, their, all of their
- 25:38secrets and, and, and inputs. But here I was and I'm not even
- 25:42wasting time because I'm like, I was going to ride my bike to
- 25:45work anyway, right? And now I could do that at the
- 25:47same time and, and, and learning.
- 25:49So this was really this moment when I realized, wow, wow.
- 25:52Like I, I realized the power of, of audio, spoken audio, and in
- 25:56particular podcasts and, and, and the culture around podcasts
- 26:00where people come on and they share what they've, what they've
- 26:02learned. But it was then also when I
- 26:06started running into the issues where I realized the audio has a
- 26:10lot of benefits. Like, for example, you can do it
- 26:12while riding your bike, but it also comes with some drawbacks,
- 26:16which you know that this goes back to the snipping.
- 26:19You hear something amazing like, Oh my God, I need to remember
- 26:22this, but I'm on my bike. So you need to get off the bike.
- 26:25You take out your phone, you know, you open up the notes app,
- 26:28you write it down and then you get back on your bike and you
- 26:31ride again. You do that like two or three
- 26:33times until you think like, Oh my God, like if I continue like
- 26:36this, I'm never going to make it to work.
- 26:38So you stop doing that. And then at work, you want to
- 26:41tell your friends, like your colleagues about it.
- 26:43You've forgotten it again. So then you try to find the
- 26:46moment in, in like the episode or you try to explain it to
- 26:49them. It's like, ah, no, that like
- 26:50that's not that. That's like, I can't communicate
- 26:53the the same way as as actually the guest said it, you know,
- 26:56like, ah, Peter Thiel has this way of formulating it directly.
- 26:58Let me, let me find it. So then you try to find it in
- 27:01the episode. Like you hit that, you know,
- 27:02there's like the the skip 22nd button, you know, like you hit
- 27:05that like 50 times. Yeah.
- 27:09And then you actually do share, share an episode with, I don't
- 27:13know, your partner. Like I've, I've had these
- 27:15situations where I listened to an episode, it changed my life.
- 27:19And then I sent it to to a friend, like, hey, you really
- 27:22have to listen to it. And a week later I asked them
- 27:25like, hey, did you listen to it? And look, of course they didn't.
- 27:29You know, these are your best friends.
- 27:30And like, oh, yeah, I thought about it.
- 27:32Like it like, like the way that I like to describe it is
- 27:36recommending a podcast episode. It is very similar to
- 27:39recommending a book. Like people love getting these
- 27:42recommendations, but it's like, yeah, I have this long list of
- 27:46books that I want to read to and it's like now on on the the
- 27:51130th recommendation. I get to it at some point in the
- 27:54next 20 years. So yeah, this this, these are
- 27:58all issues that that I ran into. And given that my background and
- 28:02also one of my Co founders background is in is in AI, we
- 28:06actually thought, hey, we can we can solve these some of these
- 28:10issues. We can stop looking at podcasts
- 28:12and like stop looking at a podcast player as just a
- 28:15repurposed music player that has a pause and play button.
- 28:20But really look at it as you're interacting with this incredible
- 28:25knowledge library and you want to get the most out of it and
- 28:29you want to share what you've learned with others.
- 28:33And yeah, that that was sort of the the starting point.
- 28:38And since then, you know, you mentioned, you said a bit like,
- 28:42oh, isn't it, Isn't it just like 110th of people that listen to
- 28:44podcasts that, that want to learn?
- 28:47So actually it is, it is actually much larger than that.
- 28:52The, there are some, some incredible statistics.
- 28:55So there's this company called Edison Research.
- 28:57They, they bring out statistics around podcasts.
- 29:00I think almost every year. They actually asked podcast
- 29:04business, what is the main reason why you listen to
- 29:06podcasts. Like the the people
- 29:10participating painting in the survey were able to select
- 29:13multiple reasons, but actually 74% selected as one of the main
- 29:18reasons why they listen to podcasts is to learn something
- 29:20new. So we do actually see that it is
- 29:24a large market where yeah, that's that listen to to spoken
- 29:30audio to learn. And I would even take, you know,
- 29:32audio books in there in there as well.
- 29:35Yeah, yeah. Well, you, you've been in
- 29:37Switzerland too long. No, I'm just kidding.
- 29:42No. And I want to point out like a
- 29:43really important feature that you included in the app that I
- 29:46think is amazing. You're talking about listening
- 29:48on on your bike. I mean, nothing like on your
- 29:51bike or a long walk with a good audio book or a podcast.
- 29:54It's extraordinary. But there's a feature where you
- 29:56can triple tap your Airpods and it will automatically snip
- 29:59something so you don't have to like use your hands at all,
- 30:02which is, I think absolutely brilliant.
- 30:04So you can come back to it because so many times you're
- 30:07away from your desk when you listen to a good podcast and
- 30:09you're like, oh, actually this is going to be perfect for my
- 30:11team. Like they need to hear this
- 30:13because they, they said it in a, in a very, in a, in a good way.
- 30:17I'm also very interested in this kind of light bulb moment.
- 30:21You know, there's like a phenomenological kind of moment
- 30:24that happens for people with podcasts and audiobooks.
- 30:27Maybe it's just like when you find a medium that fits you like
- 30:30a glove. You know, my first experience
- 30:34with kind of like kind of this like sudden enlightenment of a
- 30:37phenomenon would be like at the Grand Canyon.
- 30:40And I saw that and I was just overwhelmed with like awe and
- 30:43like, Oh my God, like just the size of it.
- 30:45And I remember pulling, you know, my girlfriend over and I
- 30:48was like, look at this. And she's like, yeah, it's cool.
- 30:52I'm like, no, but but look at this.
- 30:54And she's like, yeah, it's cool. You know, it, it wasn't the same
- 30:57thing. So I think everybody has this
- 30:59entry point, particularly with podcasts where they find that
- 31:02one that resonates with you. You know that that Sam Altman
- 31:06podcast is an absolute legendary YouTube series too.
- 31:10I definitely recommend people check that out.
- 31:12What were some other early kind of audio books and and podcasts
- 31:18that had that light bulb moment for you?
- 31:23So one of the audio books that I remember was the Lean Startup.
- 31:29It's called The Lean Startup, right?
- 31:32That was one of the that was around the same time when I got
- 31:37into startups. And again, I, I listened to it,
- 31:42I didn't read it. Absolutely love that one.
- 31:46Another one if we're now just thinking about like, OK, things
- 31:48that I read or well, listened to around that time.
- 31:52Now the audio book that came to mind is Arnold Schwarzenegger's
- 32:00autobiography. Very different style, but for
- 32:04me, every time I like also I watched the Netflix documentary.
- 32:09There's there is maybe it's similar to your Grand Canyon
- 32:11experience where I think a lot of people can just watch that
- 32:17and be like, Oh yeah, that's that's quite a crazy story.
- 32:20But for me, every time I I get away from it, as in like
- 32:24anything's possible, it's just like this, this realization, I
- 32:28know this, it's it's this guy who lives in the middle of
- 32:31nowhere in Austria and, you know, ends up becoming the the
- 32:34governor of California and, and all of the crazy things in
- 32:37between. A certain attitude of yeah, just
- 32:42going for it that that I absolutely love.
- 32:46And with respect to podcast, so I mean some of my all time
- 32:49favorite podcast episodes, I can tell you my like my top 3IN no
- 32:54particular order if you're interested.
- 32:57These. So one of them is definitely
- 33:01Naval Ravikant at the Knowledge Project.
- 33:04I think it's from 2018. It's absolutely incredible.
- 33:09There's also for, for those people who who know, there's
- 33:12this book called the The Almanac of Naval written by Eric
- 33:17Jorgensen. I've, I've, I actually got the
- 33:21pleasure to, to speak with, with Eric who wrote that book and he
- 33:24said the book got inspired by this podcast episode.
- 33:29So that that was one that I recommend to everyone.
- 33:33Second one is a podcast with Jim Deathmer.
- 33:42Jim Deathmer. He's AI would describe him.
- 33:45I, I hope, I hope I'm not describing it incorrectly, but
- 33:48a, a leadership coach. He's written a book called the
- 33:5115 commitments of Conscious Leadership.
- 33:55And again, it's a podcast episode where he's on again the
- 33:58knowledge Project. And that podcast I truly believe
- 34:03has has changed my life. He introduces a simple concept
- 34:08of being above the line or below the line, which in a way just
- 34:13means like, are you feeling like you are in a good place right
- 34:17now? Or are you acting and reacting
- 34:20as a, from a, from a place of maybe fear or you're, you're
- 34:25unhappy with something, you know, or envy or anything of
- 34:28like these negative feelings? Is that what, what's happening
- 34:31right now? And just the realization of why
- 34:33you're above that line or below that line and communicating that
- 34:37with others? Has, has it has changed my life?
- 34:39It has changed all of my relationships.
- 34:41My wife. I forced my wife to listen to it
- 34:44back then. She was not yet my wife, but I
- 34:48think that's like that has been one of the keys of our that our
- 34:51relationship works. And the third one, the third
- 34:55podcast episode is Yoshua Bach. He's an AI researcher.
- 35:01Yoshua Bach on on the Lex Friedman podcast episode 101.
- 35:06I recently, I just recently listened to it again where he
- 35:09talks about consciousness intelligence and what it all
- 35:15means, theories of, of how it could be created.
- 35:20And it's it's just completely mind boggling.
- 35:24Like I usually listen to podcast at 1.8 speed with Yoshua Bach.
- 35:29I'm like, I listen at 1.8 speed and every two minutes I pause
- 35:33and think about what he said. Which episode was this on Lex?
- 35:39I think it's 101. Yoshua Bach All.
- 35:42Right put that on the playlist. That sounds amazing, you know,
- 35:48you know, and I think like we're so spoiled, you know, that with
- 35:53Snipped, totally free, you know, by the way, there's there's
- 35:58we're going to get into the AI application on Snipped, which is
- 36:00really interesting, but it's totally free.
- 36:01People just can use that as their primary podcast player.
- 36:05But the fact it's free, it's just unbelievable.
- 36:08You know, I mean, I remember the way I got into podcasts was
- 36:13actually when I was a kid, you know, it was before podcasts.
- 36:17Podcasts hadn't been invented yet, but I was a music guy, you
- 36:20know what I mean? I would go to the record store
- 36:21every Tuesday and whatever came out, you know, I'm getting
- 36:24Doctor Dre, The Chronic, I'm getting Doggy Style, I'm getting
- 36:26Diggable Planets, I'm getting Tribe Called Quest, like I was
- 36:29living. And then I would look at the
- 36:30liner notes and I would see the samples and then I'd go to the
- 36:33jazz section and go buy the records that they were sampling.
- 36:35And it's like it was this whole amazing experience of buying
- 36:38music that we don't have any more as much with Spotify and
- 36:41whatever. But I also spent every single
- 36:44cent I had on music. And I was broke as a kid because
- 36:47I spent all my money on music. But there was one time went to a
- 36:50used bookstore and I found a a used Alan Watts audiobook set.
- 36:57It was 8 CDs and I had read The Way of Zen and I was like, oh
- 37:01this is cool. And so I got that and I stopped
- 37:04listening to music for like a year and all I did was obsess on
- 37:07this, on these lectures from Alan Watts.
- 37:10And and I mean his books are great, but that guy is an
- 37:13orator. I mean he is the Charlie Parker
- 37:15of like Zen Talks, you know what I mean?
- 37:18Like he is extraordinary and a great entertainer, you know, So
- 37:22I became obsessed with that. And then ironically enough, that
- 37:25my first podcast was a podcast called Field of Weeds.
- 37:30And it was this white dude from California that was an expat,
- 37:33went to Korea and was a Zen, was in a lived in a Zen monastery
- 37:37for 15 years, was a Zen monk. And then he came back to LA and
- 37:41he was working construction and he did this whole series of
- 37:44essays about like his experience, you know, as kind of
- 37:48like coming back to the United States.
- 37:49It was amazing. I don't know if it's still out
- 37:51there. Shout to Henry Grabenberg after.
- 37:54You know, this is another great thing about podcasts.
- 37:56It's like you like a show boy, you can reach out and meet them.
- 37:59It's it's it's not like they're in ivory tower somewhere.
- 38:02So that was the first podcast I really got into that gave me
- 38:05that same Alan Watts feeling where I was like, OK, wait,
- 38:08there's a podcast about everything like it, whatever I
- 38:11need to understand, like I need to go get it.
- 38:14And, and for me, I'm a lot like you that I want to consume in
- 38:18solitude when I'm doing something else, you know what I
- 38:20mean? If I'm washing the dishes, I got
- 38:22the headphones in, you know, if I'm riding my bike, I got the
- 38:25headphones in, you know, and I'm listening to podcasts and it,
- 38:28it's, it's amazing. I, I think also it lends itself
- 38:31to this kind of phenomenological experience because they describe
- 38:34audio as being a warm format. You know, video's cold.
- 38:38You look at video and people are watching this on YouTube, shout
- 38:41out, I need the followers over there on YouTube.
- 38:43But man, you start looking at my face and you're like, why is
- 38:46Ryan wearing that weird Roche shirt?
- 38:47Like what's going on? Whereas audio you, all you're
- 38:50hearing is the inflection and your, your brain can be creative
- 38:53and fill in the dots and it can pull the, the the insights and
- 38:56apply it while you're listening to it.
- 38:59It's it's amazing. Now let's talk a little bit
- 39:02about the very novel and unique UR or AI applications for
- 39:08Snipped because you really describe this as being AI
- 39:11native. It's not like this was like
- 39:13tacked on, you know, like now with AI, like really you built
- 39:17it from the ground up with AI in mind.
- 39:19So talk about some of the features that are are AI native
- 39:23in Snipped. Yeah, I mean the, I think the,
- 39:28the best example is actually the snipping because if you look, I
- 39:34I would say like one of the criticisms of attaching AI to an
- 39:40existing product is often it's just like, ah, let's put a chat
- 39:46bot like a, like a chat, a chat field there.
- 39:49And now you can chat with it. But it doesn't necessarily it's
- 39:54not natively integrated into the actual experience what it does.
- 39:59And of course, you know, we're still early in this journey with
- 40:02AI and the biggest AI product on the planet is Chatchi BT and you
- 40:06know, like the plot and all of these, these variants of it.
- 40:09So it is currently a text native.
- 40:13The AI is currently mostly text native, even though some other
- 40:17experiences are coming along. But the way that we thought
- 40:21about it is it has to be. Natively integrated into what
- 40:27the user is doing and for us that they are listening to
- 40:30podcasts right they they are not interested in taking out their
- 40:34phone and then writing something down and then putting your phone
- 40:39away again. Often you know again if you're
- 40:41riding your bike or like driving is even a better example.
- 40:44You just cannot do that. So instead of forcing the user
- 40:50to change like what they're doing, how they're doing it, we
- 40:55actually thought, how can we bring AI to the user, which
- 40:59which then, you know, comes with, Hey, you can just tap your
- 41:02headphones. And now the difficult part,
- 41:06which was a you writing down, Hey, what, what, what they just
- 41:09said, you know, what was that quote?
- 41:10What was, what was that idea? That's now the thing that AI can
- 41:14do for you. So this this I think is is one
- 41:20example of where we put but we saw it in an AI native way, but
- 41:24not by not by not by starting with the AI, but by starting
- 41:29with the the user problem. Does that make sense?
- 41:34Absolutely. I love that.
- 41:36And there's a lot of applications here that I think
- 41:40lend itself to AI in a way that I'm interested in it because
- 41:43you're right, like chat blew up because it's it's a chat, you
- 41:47know, it's easy to use, you talk to it, but you have to type into
- 41:50it. But typing sucks.
- 41:52I want to be out of typing. And also, if I have to ask AIA
- 41:55question, I already know I'm too dumb and I'm asking the wrong
- 41:58question. I want the AI telling me what I
- 42:01need to know. And this ties into what hundreds
- 42:03of podcasters I've talked to a big problem they have, which is
- 42:07finding new listeners. You know, there is no good kind
- 42:10of like search directory for podcasts, you know, so I'm
- 42:14everybody's listening to Huberman, everyone's listening
- 42:16to Lex, everyone's listening to these giant podcasts, But
- 42:18there's going to be at least 50 that I know that are just as
- 42:22good, you know, that don't have the audience, you know, So what
- 42:25you've kind of created with these guests and by linking BIOS
- 42:28and other things is kind of Wikipedia it, you know, I, I
- 42:31mean another light bulb moment when you had you Wikipedia and
- 42:34you can learn about Kevin and then it like has a link to
- 42:36Zurich. You're like, oh, I'll bounce
- 42:37over there and learn about Zurich, and then I'll bounce
- 42:39over here. You know, having that ability is
- 42:43extraordinary, especially if now you have kind of user base
- 42:46that's doing snips all over the place.
- 42:48So you can just bounce to all these different snips and see,
- 42:51you know, kind of what's resonating and kind of discover
- 42:53and explore podcasting. I think that's extraordinary.
- 42:57The other thing that people have tried many times is to put a
- 43:00social layer on top of podcasting.
- 43:02And that's also kind of largely been unsuccessful.
- 43:05But if you look at like TikTok, you know, which people aren't
- 43:09going there to learn why, but they, they do this extraordinary
- 43:14thing where they'll, they kind of like they lip sync like
- 43:18podcasts, a lot of Theo Von, like lip syncing where they're
- 43:21just like, kind of like moving their mouth to Theo Von's words,
- 43:24which I think could be an interesting layer, you know,
- 43:26which again, coming from snips and you find a snip and you're
- 43:29like, Oh, I'm going to lip sync over this and put it on TikTok.
- 43:32And now you're starting to develop shareability and like
- 43:35the the whole network effect, which I think could be really
- 43:37powerful. Yeah, so we, we do think about
- 43:41the shareability a lot. We one of the things that I
- 43:47mentioned earlier, you know, when back in the day when I
- 43:50shared an an episode with a friend and then you'd ask them
- 43:53like, hey, have you listened to it?
- 43:55And then they they haven't. That is one of the powers of, of
- 43:58the snips, right? Because you have this one
- 44:00particular moment, which was like the light bulb moment in
- 44:03the the guest said it in a very particular way.
- 44:07And now you can snip that and you can just send that snip,
- 44:10right? It might just be a minute.
- 44:11It might just be two minutes. And now it's much more
- 44:14lightweight to consume for, for the for the other side.
- 44:18But the thing that's then even more interesting for like the
- 44:21creators is usually doesn't stop there, right?
- 44:24Like often if you then see a short clip and you found that
- 44:28interesting, then that's what hooks you into like, OK, what,
- 44:31what, what, what is the whole episode about?
- 44:33I might need to queue this up and then and and and listen to
- 44:36it from, from the Snip platform in and of itself.
- 44:40What we've where we've landed in at least where we are today.
- 44:45You know, things are things always change.
- 44:47But where we are today is that we, we want to enable the
- 44:51sharing. We currently don't see snipped
- 44:54as the, as the platform where the sharing happens, but we are
- 44:59actually leaving the sharing to happen on the messenger apps or
- 45:05the existing social media platforms.
- 45:08We also like talking to our users.
- 45:11The, the, the larger majority of users are they want to share,
- 45:18but the, you know, they want to share with their team, They want
- 45:20to share with their partner, with a friend.
- 45:22Like they, it's really, it's, it's very intentional sharing.
- 45:26It's not just, oh, this was an outrageous moment.
- 45:29I'm sure I'm going to get 100 likes on my Instagram profile if
- 45:33I post this. But it's like, Oh my God, this
- 45:36is exactly the, the growth challenge that we're having at
- 45:39the start of right now. And he is the founder of
- 45:41Grammarly telling us like, Hey, we, they went through the exact
- 45:46same thing And, and this is what they changed.
- 45:48Hey, let's let's try this out as well.
- 45:52Yeah, that's amazing. So I mean, like it, it learns
- 45:55again, like this is a degenerative aspect of AI where
- 45:58it's like, OK, I have 25 snips. It's going to get to know me
- 46:01pretty well, and then it can start recommending other snips.
- 46:03It's like, oh, you need to hear this.
- 46:05You need to hear this, you know? And then you're like, you have
- 46:07this discovery moment. The light bulb keeps turning on.
- 46:11Exactly, Yeah, yeah. And then in that, in that
- 46:15direction, we have that. That's one of the directions
- 46:17where we have a lot of ideas and, and want to do a lot more
- 46:20experiments in bringing. Yeah, I did like one of the
- 46:24incredible things. Like I, I, I remember that one
- 46:27moment when I met a snip user out in the wild and he says to
- 46:36me like, hey, do you actually realize what you've built?
- 46:40Like, yeah, of course, like, you know, podcast app and all of
- 46:43the, the stuff that I just mentioned.
- 46:44He's like, no, no, no, no, no. Like you've now you've created a
- 46:49way where basically you're crowdsourcing where are the best
- 46:54insights? And they know if they, if they
- 46:57come across a new podcast show, they actually go to snipped and
- 47:02you can see which episodes have been snipped the most often.
- 47:06And that's actually the, the episodes that they will start to
- 47:08dive into because they know, OK, this is, this is actually where
- 47:11most of the insights are. I need to, I need to look at
- 47:13this. So this I, I still think there's
- 47:18like, we have so much more potential to like we have this,
- 47:21this data and information and there's so much more potential
- 47:24for us to bring this to, to all of the users in, in, in the most
- 47:28optimal way. Incredible.
- 47:32I want to give a couple of features and shout outs to Snip
- 47:35because we we're not going to be able to get to everything but
- 47:38the the monthly on an annual plan is very reasonable. 699 per
- 47:42month. You get unlimited listening to
- 47:44all podcasts, unlimited core features.
- 47:47You have unlimited AI features for 1,000,000 plus episodes.
- 47:51You can chat with the episode, which is super cool, import
- 47:55audio files and YouTube in there.
- 47:57So if you get into snips, you want to have all your snips in
- 47:59one place. You can do that.
- 48:00You can do custom AI promptic and AI processing, which is
- 48:04extraordinary. Now, you have also been very
- 48:06generous that you're going to give away 12 annual free annual
- 48:11plans. And mind you, that means he's
- 48:13eating the cost for AI. It ain't cheap and it ain't
- 48:16free, you know, but I think the listeners of this podcast are
- 48:19going to benefit so greatly from this app.
- 48:22It's absolutely extraordinary. So here's what you got to do to
- 48:25be in contest to get the free year of premium is go to
- 48:30Twitter, follow me at go Ryan Estes, follow snipped app, which
- 48:34is snipd under score app and follow Kevin Ben Smith on
- 48:40Twitter. Do those three things and we're
- 48:42going to put into like a a randomizer and we're giving away
- 48:4512 free, 12 free annual subscriptions to snapped
- 48:51premium. Now that being said, it is also
- 48:53totally free and the best UI experience on a podcast player
- 48:58I've ever seen. I love it.
- 49:00Thank you for doing that for our listeners, Kevin.
- 49:02Now we got a couple minutes left.
- 49:03I wanted to take it to the lightning round.
- 49:05Are you ready for that as many? As I'm going to be.
- 49:11OK I see here you've raised 700,000 pre seed.
- 49:14How big is the team? We have four people.
- 49:18Four people. Incredible.
- 49:19Is there a plan to to do another race?
- 49:23At some point, yes, at some point, yes, we are in the
- 49:28fortunate position that we are break even.
- 49:31So currently we are not reliant on external investment.
- 49:35So basically our plan right now is to really improve what we're
- 49:38doing. And once we, once we hit that
- 49:41really that sweet inflection point where we see, oh, this is
- 49:46now something where we should really like put a lot of money
- 49:49behind it. That will be the moment when
- 49:51we'll we'll go out and and raise our next round.
- 49:55What's that inflection point? Is it a number of users?
- 49:57What is it I? Mean that's the thing with
- 50:00inflection point. It's always a bit difficult to
- 50:02like. It's the definition.
- 50:04It is I when I see it, I know it.
- 50:08What was that like? The, the, the, the Supreme Court
- 50:12Justice, I, I forget his name now.
- 50:17The so we, we have a lot of ideas in the direction of
- 50:21discovery in interacting with podcasts in a new way.
- 50:25And we sort of feel like one of these things, if we're quite
- 50:30optimistic that one of these things will really be be a big
- 50:32game changer. So it's sort of and it and we
- 50:35have nothing now holding us back to try these out.
- 50:39So the best thing to do is like, hey, let's, let's try them out.
- 50:43And if we see what we're hoping, we will see that that will be
- 50:48the inflection point to then go, go much bigger.
- 50:51It's been the best customer acquisition, acquisition
- 50:56channel. A word of mouth word.
- 51:00Of mouth. Yeah, yeah.
- 51:02I mean that that is how we how we're growing.
- 51:04So our word of mouth, I would say I, I separated in two camps.
- 51:08So the first one is the classical word of mouth.
- 51:11You like the product, you tell your friend.
- 51:14The second one is the sharing of snips.
- 51:17So we talked about that earlier. It's a natural thing.
- 51:19You hear an amazing insight. If it's in a hard moment,
- 51:23there's usually someone you want to share it with.
- 51:25So you send them a snip and by the 3rd snip, you know, people
- 51:28are like, what, what the heck are you sending me here?
- 51:31Like where's this coming from? And that that helps as well.
- 51:36We're not going to have time to get to the model trains.
- 51:38That's a cliffhanger for everybody.
- 51:39We're going to have to have you back so we can talk about model
- 51:42trains. It dies in, believe me, the the
- 51:46app you can get in the App Store.
- 51:48Otherwise go to snipped.com, SNSN, ipd.com.
- 51:54You can get more information. You can get the app there.
- 51:57Kevin, what's the best best place for people to connect with
- 51:59you online? Now the best place is on X,
- 52:03formerly known as Twitter. My handle is Kevin Ben Smith.
- 52:08Amazing. Kevin, thanks so much for
- 52:10joining us. Thank you.
- 52:12Thank you for having me. Hey founders, let me ask you
- 52:16this. Are you building with AI or
- 52:19getting left behind by it? If you're serious about scaling
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