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In this episode of the Technori podcast, host Scott Kitun interviews Jeff Annison, the co-founder and president of Legion M. They discuss Annison's journey from mechanical engineering to entrepreneurship, highlighting his experiences in various startups, including a streaming mobile television venture and a music-related startup. Annison shares insights into his career transitions, the challenges he faced, and the evolution of his ventures.

Key Highlights:

• Quibi chat: despite failures, a quick look at its innovative content creation and distribution model. (5:52)
• Legion M proposition as a fan-owned movie studio. (9:09)
• Hollywood strikes and the future of entertainment. (15:11)
• Hollywood's shift to streaming and Legion M's fan-owned model. (24:12)
• Using fan funding for Hollywood movies. (28:09)
• Investing in fan-funded content. (37:59)

Scott Kitun sits down with acclaimed journalist and author Taylor Lorenz to set the record straight regarding internet history, the premise of her book, "Extremely Online," (available now). She discusses the evolving landscape of the tech world, the importance of strong social safety nets, the impact of AI on content creation, and Lorenz's thoughts on various social platforms. 

Key Highlights:

• The impact of social media on fame and celebrity. (2:51)
• The fundamental issues creators face including the challenges of accessing healthcare and unions' potential role (and over-reliance) in addressing these concerns. (3:12)
• The evolution of influencer culture and the impact of social media platforms. (7:50)
• Creator unions and collective bargaining in the digital media industry. (15:19)
• The discussion shifts to the influence of AI, with Scott highlighting how it might disrupt the middle class and alter traditional career paths. (20:41)
• Taylor provides a balanced view on AI's potential, noting that while there are concerns, AI also offers various creative tools. She also mentions using ChatGPT and its current limitations are not scary. (22:18)
• Scott dives into the human element in content creation, emphasizing that human-driven competition and creativity remain irreplaceable. (24:14)
• The conversation concludes with Lorenz's thoughts on the best platforms to follow her work,  her move away from Twitter (X) for tech commentary. (27:54)

Scott Kitun talks to StartEngine co-founder Howard Marks. The conversation starts with Kitun's curiosity about Marks' early involvement in crowdfunding, despite having been an entrepreneur (founder of Activision) for a long time. Marks recounts his journey from investing in entrepreneurs in Los Angeles to eventually building StartEngine. He reflects on entrepreneurs' difficulties when raising capital, especially those who don't fit the traditional "Stanford-educated, white male" profile. Marks shares his experience with the initial skepticism and resistance faced, emphasizing the potential opportunity when the general consensus is against a new idea. He also highlights the success of StartEngine so far, its future prospects, and the company's recent launch of a secondary marketplace for trading alternative assets.

Highlights include:

Howard Marks reflects on his entrepreneurial journey, the origin of StartEngine, and the difficulty entrepreneurs face in raising follow-on investments, particularly those from diverse backgrounds (1:58).

Marks expresses his frustration with the traditional investment model and discusses how the Jobs Act of 2012 sparked his interest in crowdfunding as a potentially revolutionary opportunity (12:39).

Marks discusses the growth and success of StartEngine, the launch of its marketplace for trading, and the future prospects of the platform (14:02).

Scott Lynn, founder and CEO of Masterworks, joins Scott Kitun on the show. As a long time art collector and enthusiast, Lynn saw a massive space in the market for fine art - which includes many pieces that are valued in the millions of dollars - to be invested in fractionally but art lovers and investors worldwide. In this episode, Scott Lynn shares his foray into entrepreneurship, developing the Masterworks platform and the promise of the art + internet to make incredible opportunities. The two Scotts digs into the markets, expressing confidence the markets will swing back for alts. Lynn also  dives into the Masterworks platform and how to think about artwork as a part of a diverse portfolio and how to build your own portfolio. Check out Masterworks here.  

Bored Elon Musk, a pseudonymous influencer, joins Scott Kitun on the pod. Bored has built his following over most of the past decade on Twitter. What started out as a joke account gradually - alongside the growing notoriety of Elon Musk - into an influencer account with over a million followers. Bored shares how he built his following and monetized his account, including his Bored Box. Scott and Bored talk about the idea of playing a character as a business, performing in good faith and best use cases for crypto and NFTs. Bored also talks about distancing his brand separate from Elon and shares a few thoughts on the latest Twitter company news. 

Harper Reed, founder and CEO of Galactic, joins the show with Scott Kitun. Reed, the former Head of Commerce at Braintree and President Obama's CTO during his re-election campaign, is a longtime tech entrepreneur (and Technori supporter) working to make technology work better for everyone. Like many founders experienced early on in the pandemic, Reed had to make a major pivot. He shares his latest entrepreneurial journey moving Galactic from health/medtech-centered company into one focused on building fintech products native to Web3. Scott and Harper dig into the utter lack of accessibility for regular people to use crypto in their everyday lives, and how to build products with the user in mind. Reed  makes an actionable use case for Bitcoin, and ways of thinking about crypto and blockchain in a way that touch people's lives. They also touch on their Chicago roots, finding funding amidst the pandemic for veteran and rookie entrepreneurs. 

Milan Kordestani, founder and CEO of Audo, joins the show with Scott Kitun. Audo is a career building platform that combines e-learning and job opportunities that fit the skills you learn. Scott and Milan dig into the changes coming to education, the value of college and avoiding debt. They also touch on just how gamification could and should play into the ways we learn, and building curriculum around engagement. Milan dives into his own college experience and not finding value in curriculum options given to him in college, which ultimately was the first kernel of his idea for Audo. 

Lorel Scott, co-founder and COO of StartupStarter, joins the show with Scott Kitun. StartupStarter is launching the first ever in-person Equity Crowdfunding Week (ECW), a showcase and awards show for equity crowdfunding startups and investors to come together for a 3 day celebration of a growing crowdfunding community. Lorel shares  how he and his co-founder came up with  StartupStarter in the height of the pandemic and have been working the past two years to put together a showcase that shines a bright light on the equity crowdfunding sector. They talk about the faults of the industry, how to grow awareness for crowdfunding and why the lack of volatility in private markets is such a heavy factor. They also dive into ECW (which Scott will be keynoting the awards show), the focus on music and inclusivity and special events happening in LA from 11/9-11/11. 

You can register here for the conference. 

Brittany Davis and Christie Pitts, general partners at Backstage Capital, join the show with Scott Kitun. Brittany and Christie talk about the present day investing landscape and why the future of VC will trend towards inclusiveness (or lose). The group shares their thoughts and experiences with the top VC firms, why so many are resistant to change and where the next generation of founders and investors is primed to shape who and what gets funded differently from their predecessors. We also talk about Backstage's new Flex Fund II, which KingsCrowd (Technori's parent company) will provide data and ratings on promising online deals that have underrepresented founders. You can learn more here.

Mike Mercier, founder and CEO of VonMercier, joins the show with Scott Kitun. They talk about how changing what we can do with vehicles, starting with the idea of VonMercier's electric hovercraft Arosa. Mike dives into his 10-year founding journey with late nights and weekends dedicated to coming up with the concept, finding the right materials and creating something from just an idea to a full-fledged company. Scott and Mike also dig into the building a business model for small-scale vs mass market. VonMercier is currently raising a CF round on Republic.