Jon Steinberg

CEO Cheddar & CNBC Contributor. Formerly BuzzFeed President & COO

THIS CHAT HAPPENED ON February 29, 2016

Discussion

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Jon Steinberg
@jonsteinberg · CEO Cheddar. Formerly BuzzFeed President
Hi I'm Jon Steinberg. I just started a new video news company called Cheddar, focussed on covering the most interesting companies, technologies, and media transforming our lives. We will broadcast live from the floor of the New York Stock Exchange. Before that I was the President and COO of BuzzFeed. I'm obsessed with how media is being transformed. I also have two little kids, a cat, and I love flying drones.
Nik Sharma
@mrsharma · Stealth Ad Agency CEO
Hi Jon! Congrats on Cheddar🧀! Here's my question: At BuzzFeed, you saw the business model of not putting ads up on the page, but rather embedding ads natively into articles or listacles which naturally went viral. Now as you launch Cheddar, are you going to be focusing on monetizing the same "natural" way that you saw at BuzzFeed, or what do you think the next wave after "native ads" will be? Thanks!! 😄
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Jon Steinberg
@jonsteinberg · CEO Cheddar. Formerly BuzzFeed President
@mrsharma I think direct subscriptions are the key now. Replicating the cable model of distribution. Also on air sponsorships
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Ben Tossell
@bentossell · Community Lead, Product Hunt
Hey Jon, Whats on your homescreen?
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Jon Steinberg
@jonsteinberg · CEO Cheddar. Formerly BuzzFeed President
@bentossell uber, slack, twitter, gmail, byline (RSS reader) and phone...
Antonin LAPICHE
@airlikidh2 · Product Design @ Orange
Why the name Cheddar? What's your favourite cheese? why?
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Jon Steinberg
@jonsteinberg · CEO Cheddar. Formerly BuzzFeed President
@airlikidh2 yes its my favorite cheese...and it means money
Jacqueline von Tesmar
@jacqvon · Community, Product Hunt ✌️😻
What living person would you most love to interview?
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Jon Steinberg
@jonsteinberg · CEO Cheddar. Formerly BuzzFeed President
@jacqvon Elon Musk...he is the Edison of our time
Jacqueline von Tesmar
@jacqvon · Community, Product Hunt ✌️😻
What do you want your tombstone to say?
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Jon Steinberg
@jonsteinberg · CEO Cheddar. Formerly BuzzFeed President
@jacqvon he was a good dad
Oliviax
@oliviameng
Hi Jon, thanks for joining us here! My name is Olivia and I works as TV analyst. I am wondering how do you position Cheddar in the market(who do you see as competitors)? In term of marketing competency, what makes Cheddar different from other micro-content(Snapchat, twitter)? if you don't mind, I am also wondering what metric system do you use to measure Cheddar's performance? Thank you!!
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Jon Steinberg
@jonsteinberg · CEO Cheddar. Formerly BuzzFeed President
@oliviameng Thinking about it more like House of Cards or a show like that where a network distributes content from a partner. The cable model. Also we are focussed just on tech media and consumer companies
Harry Stebbings
@harrystebbings · Podcast Host @ The Twenty Minute VC
@jonsteinberg thanks so much for joining us today. Would love to hear what you think the biggest determinants were of the immense success of @Buzzfeed and how have you transitioned them to your new venture with Cheddar? Would absolutely love to have you on @twentyminutevc to discuss further and recently had the pleasure of having Gary Swart on the show so would be fantastic to make it a Polaris Week! Let me know what you think!
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Jon Steinberg
@jonsteinberg · CEO Cheddar. Formerly BuzzFeed President
@harrystebbings @buzzfeed @twentyminutevc Social traffic, amazing editorial, and the unique native content model...those were the keys to BuzzFeed becoming BuzzFeed...and an amazing team of course.
Mitch Schneider
@mitchschneider · Social Communications Manager, Beamr Vid
Hi Jon- congrats on Cheddar. How are you optimizing the video feed to cut buffering time?
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Jon Steinberg
@jonsteinberg · CEO Cheddar. Formerly BuzzFeed President
@mitchschneider We are using a large XO internet connection and using custom hardware to encode...look on my twitter feed
Mitch Schneider
@mitchschneider · Social Communications Manager, Beamr Vid
@jonsteinberg any chance we can collaborate together? I work for Beamr, aka - the real life Pied Piper (if you watch Silicon Valley). Would love to see if we can help you out - http://beamr.com/
max zimbert
@maxzimbert
Hey Jon! Great seeing you here. What are your favorite apps/services to stay organized and stay focussed?
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Jon Steinberg
@jonsteinberg · CEO Cheddar. Formerly BuzzFeed President
@maxzimbert Evernote, Slack, Clear TODO organizer and lots of paper...I also keep a pad near my bed