Avsnitt
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After a slew of problems—some of them really dark—Victoria's Secret cancelled its fashion show in 2018. Now, the company has brought back the event, which included legendary models and performances from the iconic Cher. It reverberated across social media, but has the company really put its problems in the past or are they are still there, simmering just below the surface? Most Innovative Company’s cohost Yasmin Gagne went to the show and gives her assessment.
Also, Yaz talks with celebrity stylist Law Roach about his career evolution and abrupt retirement . . . and the work he has done since retiring.
and check out the YouTube Video of Yaz's chat with Law Roach! -
There’s a growing shift in consumer sentiment about the fast-food industry. As inflation pushes menu prices steadily upward, more people are asking themselves if that weekly trip to Taco Bell, Wendy’s, or KFC is still worth the cost. ‘Fast Company’ senior editor Christopher Zara breaks down the economics of fast food and discusses what companies are doing to try and lure customers back to the drive-through. Also, ‘Fast Company’ senior staff editor Jeff Beer discusses the most recent advertising fails and successes, from Heinz’s racially tone-deaf imagery to the surprisingly popular combination of Grimace and the New York Mets.
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Saknas det avsnitt?
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Two weeks ago, the WeightWatchers board ousted CEO Sima Sistani, who helmed the company for two-and-a-half years, appointing board member Tara Comonte interim CEO. During that time, the company has radically altered its business model to stay competitive in the Ozempic era. Cohost Yasmin Gange analyzes what this leadership change signals for the company’s strategy. Also, ‘Fast Company’ associate editor David Salazar talks with Harvey Mason Jr., CEO of the Recording Academy. His tenure of the past 3 years comes amid a cultural discussion about whether or not the Grammys and the Academy are still relevant. They chatted about diversifying the Grammy voting process, advocating for artists, and how Mason feels about AI in the music industry.
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This week, we’re recording the show at Fast Company’s Innovation Festival using a modular soundproof booth from ROOM. ‘Fast Company’ senior staff editor Jeff Beer, who covers advertising and branding, returns to talk about the latest ads and over-the-top videos from brands including Pepsi, the NFL, and Progressive—and the nearly-11-minute-long promo video, ‘ManningCast: The Musical.’ Also, how are brands responding to the backlash against DEI, and who’s going against the trends?
Plus, Robinhood cofounder and CEO Vlad Tenev shares about his company’s growth since the GameStop chaos of 2021, the regulation he’d like to see for cryptocurrency, and how he thinks about AI as a new language tool. -
Will Packer is a film, television, and podcast producer who has worked in Hollywood for more than 20 years, making movies like ‘Ride Along,’ ‘The Wedding Ringer,’ and ‘Girls Trip.’ He also has a book on the way next year, ‘Who Better Than You?: The Art of Healthy Arrogance & Dreaming Big,’ about the stories and lessons he’s learned in the entertainment industry. Will’s latest show, ‘Fight Night: The Million Dollar Heist,’ premieres September 5 on Peacock, and tells the story of Muhammad Ali’s famous fight in Atlanta and the massive theft that followed. He chatted about his experiences as a producer, where he finds story inspiration, and one of his biggest accomplishments: convincing Beyoncé to change her mind.
Also, Anu Duggal, founding partner of Female Founders Fund, talks about how things have changed, or not, for female entrepreneurs in the startup ecosystem. After 10 years in seed-funding for companies, she sees optimism in climate tech, but AI? . . . Not so much. -
Last week in a major shakeup, Starbucks announced the appointment of Brian Niccol as its new chairman and CEO. Niccol, then CEO of Chipotle, will succeed Starbucks’s Laxman Narasimhan, who is stepping down immediately from the position he’s held for only 17 months. For a company that has aggressively claimed it does not make fast food, this could signal a shift in how Starbucks views itself . . . and how it attempts to regain the 20% in market cap that it’s lost. ‘Fast Company’ contributing writer Clint Rainey discusses the coffee chain’s past mission and values, and how different leadership has shifted the brand’s focus.
Also, we talk with rapper Saweetie about her successful brand partnerships with Postmates and McDonald’s, and her perspective on growing her own brand and image. And Candace Bushnell, author of ‘Sex and the City’ (the book!), chats about looking back on her writing and TV career and what stories she wants women to see today. -
This week, we’re taking a look at what some top brands are doing in the sports and entertainment space. This is part of our ongoing monthly series, Brands that Matter, with ‘Fast Company’ senior staff editor Jeff Beer who covers advertising and branding.
Then, we chatted with ‘Fast Company’ contributing writer Nicole LaPorte about the Gap new CEO. Back in the ’80s and ’90s, Gap was synonymous with denim and khakis. But the rise of fast-fashion brands such as Zara and H&M, shift from shopping in malls to shopping online, and the pandemic’s ‘house clothes’ trend, all hit the Gap hard. Then, former Mattel president and COO Richard Dickson came in to take over. And if you’re wondering why a successful toy company executive would want to move to a flailing clothing company . . . we got you. -
Cofounder and CEO of 23andMe, Anne Wojcicki, wants to take the public company private. Founded in 2006, the DNA-testing startup was valued at $6 billion in 2021. Now, it’s trading for less than a dollar. So what happened? ‘Fast Company’ senior writer Ainsley Harris breaks down 23andMe’s history, and why the company faces an uncertain future.
Also, actor Edward Norton chats with ‘Fast Company’ staff writer David Salazar about his startup, Zeck. After decades of serving on nonprofit and corporate boards, as well as working with boards as a founder, Norton realized that modern, streamlined tools could vastly improve boardroom communication. His company aims to change the dynamics of boards and company management by reducing repetitive tasks and facilitating better collaboration.
And heads up, our show will be shifting to publish on Thursdays starting August 22! -
Last week, Amazon announced it hit a goal of 100% renewable electricity seven years early. But a report from an Amazon employee group argues that this claim is misleading. They say that only a fifth of the company’s data centers in the U.S actually run on clean power. Meanwhile, Amazon, Google, Microsoft, and a host of other companies continue their development of AI—yet another huge energy demand. A recent report by Goldman Sachs says utility companies will need to spend nearly 40% more in the next three years to keep up with the demand from cloud service providers. For example, training an AI model like OpenAI’s GPT-3 required just under 1,300 megawatt hours, which is the amount of power used by 130 U.S. homes in a year. ‘Fast Company’ deputy digital editor Morgan Clendaniel discusses how to interpret Amazon’s claims about renewable power, and how much energy we’ll need to power even more data processing. Also, Jeff Beer, ‘Fast Company’ senior staff editor covering advertising and branding, breaks down some of the recent campaigns and marketing from Etsy and Taco Bell, and what to expect from ads during the 2024 Summer Olympics.
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Brooklyn-based art collective MSCHF has a long history of expertly harnessing pop culture humor to poke fun at big corporations. Their latest project is a game built on top of Venmo, where players buy in for $10 and participate in hourly votes to eliminate each other, and a daily vote to pick a winner. The first player chosen to win by 100% of the votes will win a prize pot of over $119,000. Fast Company Global Design Editor Mark Wilson breaks down MSCHF's history and how they combine artistic commentary with capitalism. And Pinterest Chief Product Officer Sabrina Ellis discusses AI's possible uses on a platform with such a vast library of images. How can Pinterest continue to be a source of inspiration for users, an avenue for shopping, and expand the diversity of its content? And what insights can AI provide into the things that catch our eye?
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In a recent viral LinkedIn post, Cap X Media’s CEO Matthew Baltzell poses in a backwards baseball cap and details his experience firing an employee for the first time. He talks about the process, what he learned, and asks for feedback from readers. One commenter wrote, “This LinkedIn post is a disgrace,” while another said, “You brought pain into someone’s life and then turned it into a ‘gold star for me’ moment. They’re certainly appalled by this on other (less weird) social platforms.”But plenty of comments sympathized with Baltzell over the uncomfortable situation, even praising him for sharing it. In fact, deranged behavior like this is a daily occurrence on LinkedIn, where business influencers operate very differently from influencers on other social media platforms. ‘Fast Company’ contributing writer Joe Berkowitz discusses his own forays into LinkedIn’s world of ‘corporate positivity.’ And Andrew Lacey, founder and CEO of medical technology company Prenuvo, talks about how the full-body MRI scanning that his company is offering might change our perspective on preventative healthcare—if the high cost can be lowered by other systemic reforms in healthcare.
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A nonprofit founded by right-wing billionaire Charles Koch was a "key contributor" to a recent video produced by the popular content creator MrBeast. The video, titled "We Schooled Hundreds of Teachers," was uploaded on April 30th to "Beast Philanthropy," a second channel MrBeast uses to showcase charity work. MrBeast, whose real name is Jimmy Donaldson, lists the organization Stand Together as one of the main financial sponsors. Stand Together was founded by Koch in 2003 as The Seminar Network and it describes itself as a "philanthropic community" dedicated to tackling the "country’s biggest problems," which range from education initiatives to what it calls "freedom-minded solutions." But we wanted to focus on how MrBeast’s corporate structure operates, so Fast Company contributing writer Ryan Broderick joined us to chat about it.
Then, Fast Company associate editor David Salazar had a conversation with Vault founder David Greenstein and musician James Blake, who was the first artist on Vault and has been vocal about its potential as a new way for fans to engage with their favorite artists. They chatted about experimenting with new ways to monetize music. -
Last September, CollegeHumor rebranded as Dropout. The 25-year old comedy platform made the move after a surge in subscriptions to the company's streaming platform, Dropout TV. After decades of struggling to find profitability, this became the centerpiece of its business model.
“Truthfully, as a high school dropout, I never really connected with the brand name CollegeHumor,” said Dropout CEO Sam Reich. "We promised ourselves we would only do away with the name when we felt that Dropout was popular enough to eclipse it, and we feel that time is now.”
Since purchasing the company for a whopping $0 in 2020, Reich has prioritized producing long-form improv content, keeping costs low and driving brand awareness through vertical videos on social media networks like TikTok. Dropout currently has 11 active series including its two most popular properties Game Changer and Dimension 20, a series where comedians actually play a live game of Dungeons & Dragons. By the end of this year, they are set to have 15 series including a live comedy special series called Dropout Presents that will launch this summer with a stand-up special from YouTuber Hank Green. The company has also ventured into live event programming for Dimension 20 in partnership with Live Nation, starting with a four-show tour of the U.K. this spring and, most impressively, leading up to a show at Madison Square Garden in January of 2025. -
Last week, an article by ‘Fast Company’ senior writer Ainsley Harris riled up a small but very online part of the tech community. Venture capitalist Marc Andreessen, Elon Musk, Anduril Industries founder Palmer Lucky, Y combinator CEO Garry Tan, and even MrBeast, along with many others, were all reacting to her article, ‘Tech bro podcasts are obsessed with alpha men, and it’s dangerous for the rest of us.’
We talked to Ainsley and had her explain why so many ‘techno-optimists’ fell in love with the Great Man Theory, and how that’s problematic.
Then, we spoke to Gamefam founder and CEO Joe Ferencz about the rise of Roblox and Fortnite as brand-engagement platforms and how they use these sandbox games to not only create new virtual worlds, but also to advertise different IPs. -
By now, we’re used to talking to AI chatbots, and we’re used to googling something to find an answer. Last week, though, Google launched a new feature that combines the two called AI Overviews. The feature—which many users are already trying to turn off—is designed to reduce the number of searches users have to make. But the idea of combining a chatbot, search tool, and encyclopedia has actually been championed and refined by a two-year-old startup called Perplexity. The ambitious startup, which calls itself an Answer Engine, has been funded by the likes of Jeff Bezos and Nvidia. The stakes are high: If Perplexity can pull off its mission, the company could become—according to some—a Google killer. Perplexity’s CEO Aravind Srinivas spoke at our Most Innovative Companies Summit last week, and had some choice words about Google’s new features and the future of his own company. We spoke to executive editor Amy Farley to unpack what he said.
Then, we chatted with ‘Fast Company’ senior staff editor Jeff Beer about brand apology ads and E.l.f beauty’s recent study on how there are too many dicks across U.S corporate boards. -
The WNBA’s 2024 season comes on the heels of a recent groundswell of interest in women’s basketball. Last year was the WNBA’s most-watched regular season in over two decades and the recently wrapped NCAA tournament has brought a new generation of fans to the sport. The women’s March Madness final averaged 18.7 million viewers, while the men’s final averaged just 14.82 million viewers. Basically, the WNBA is a hot commodity and brands are noticing. Fast Company Staff Editor AJ Hess joined us to explain how this happened and why the stakes for the WNBA are so high this season.
Then, in a bit of a role reversal, Josh played the interviewer and asked Yaz about her latest reporting on Oprah. It covered Weight Watchers, diet culture, and our favorite topic on this show, GLP-1s. The impetus for Yaz's article was a Weight Watchers event last week in New York where Oprah was speaking. Yaz explained what happened and what it means for the future of the company. -
It’s May! We’re enjoying the spring weather and getting ready for this summer. So, we wanted to chat with some Fast Company folks who have their ears to the ground on what’s going to be a hit this summer. Fast Company Associate Editor David Salazar and Senior Staff Writer Liz Segran joined us to share their ideas—and a big shout-out to our interns, Ellie Stevens and Leila Frankina, for their help.
Then, we sat down with Airbnb's Chief Business Officer Dave Stephenson where we chatted about the so-called "Airbnb Effect" happening in certain communities around the country, the company's efforts to advocate for renters, and the its latest Icons offerings. -
InVision was once a prominent player in the design software space. But the company that was once valued at $2 billion announced it will be discontinuing its design-collaboration services by the end of this year. The cofounders, Clark Valberg and Ben Nadel, originally designed the software as a prototyping tool for designers but it quickly gained popularity and ultimately achieved unicorn status after raising $100 million in 2017. This was followed by another milestone when it raised $115 million, which effectively doubled its valuation.
So, what happened? How did this unicorn unravel? ‘Fast Company’ contributing writer Nicole Gull McElroy joined us to explain and discuss.
Then we chatted with legendary English fashion designer Paul Smith who has been working in the industry for more than 50 years. Aside from the clothes, he’s also heavily involved in designing the look of his stores around the world. His iconic store on L.A’.s Melrose Avenue has a bright pink wall that’s been around since the early 2000s. But since the 2010s, that wall has become an Instagram hot spot with people lining up to take photos against the hot pink backdrop. Smith explained to us how the wall—which costs about $66,000 a year to maintain—has changed brand awareness, and spoke about his long career as designer-of-choice for such stars as Daniel Day-Lewis, David Bowie, and Jony Ive. -
Fast food workers in California are seeing an increase in their paychecks. This is because of a recent minimum wage law that went into effect earlier this month. The law requires fast food chains like McDonald’s and Starbucks to pay workers $20 per hour. It will also affect restaurants that have at least 60 other locations nationwide. Opponents of the law say it will lead to layoffs and store closures . . . but for fast food workers who have been fighting for better pay, this could mean being able to get a decent living wage. Fast Company Staff Writer Pavithra Mohan joined us to unpack it all. For more on this, check out Pavithra's reporting.
Then we chatted with Lyft CEO David Risher about taking over the company after cofounders Logan Green and John Zimmer left a year ago, having to lay off more than a quarter of the company’s workforce last April, and focusing on his key strategy: “customer obsession drives profitable growth.” We also discussed the company’s future in Minneapolis, whether self-driving cars will transform the industry, and what Risher learned heading up U.S. retail at Amazon under Jeff Bezos. -
Boeing has been in the news recently . . . Between a door plug blowing off mid-flight and sudden nose dives causing injuries, the company has been in very hot water. ‘Fast Company’ contributing writer Clint Rainey joined us to explain what’s really going on at Boeing and how it plans to address safety and quality concerns. For more on our Boeing coverage.
Then, we spoke with Ghia founder and CEO Melanie Masarin and Nowadays cofounder and CEO Justin Tidwell to understand what’s behind all the demand for non-alcoholic drinks. Companies like Athletic Brewing are experiencing enormous growth as consumers are embracing Sober October and Dry January and curbing their drinking in general. It’s perhaps not going all that well for all brands. After we recorded this interview on April 9th, Boisson, the largest nonalcoholic retailer in New York, filed for Chapter 11 bankruptcy and closed all eight of its brick-and-mortar stores. Still, the nonalcoholic market is forecasted to grow exponentially within the next decade, especially as major breweries such as Anheuser-Busch and Heineken expand their alcohol-free offerings. - Visa fler
