Mailchimp CEO Rania Succar on culture, acquisitions, and how big 'small business' really is

Today, we’re talking about politics and lobbying in America. It’s hard to imagine a time when the influence of big corporations and billionaires didn’t touch every part of American politics, but the kind of lobbying we have now didn’t really exist before the 1970s. Now, our political debates about everything from energy, finance, and healthcare are deeply intertwined with corporations and their money — and new big players in tech now spend tons of political money of their own. To understand the structure of today’s political lobbying and how we go here, I brought Pulitzer Prize winner Brody Mullins on the show. Brody has a new book he co-wrote with his brother Luke Mullins called The Wolves of K Street: The Secret History of How Big Money Took Over Big Government, which came out last month. It’s a definitive history of modern lobbying in America, told through the lens of some of the industry’s most unsavory characters and the influence they’ve exerted on DC politics across decades.  Links: If Donald Trump Wins, Paul Manafort Will Be Waiting in the Wings | NYT Meta had its biggest lobbying quarter ever | The Verge Apple quietly bankrolled a lobbying group for app developers | The Verge The Many Reinventions of a Legendary Washington Influence Peddler | Politico  The Wolves of K Street review: how lobbying swallowed Washington | The Guardian Big Tech Has a New Favorite Lobbyist: You | WSJ SOPA bill shelved after global protests from Google, Wikipedia and others | WashPo The Russia Inquiry Ended a Democratic Lobbyist’s Career. He Wants It Back. | NYT The Swamp Builders | WashPo The Rise and Fall of a K Street Renegade | WSJ Credits:  Decoder is a production of The Verge, and part of the Vox Media Podcast Network. Today’s episode was produced by Kate Cox and Nick Statt and was edited by Callie Wright. The Decoder music is by Breakmaster Cylinder. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Today, I’m talking with Greg Peters, the co-CEO of Netflix. I caught up with Greg while he was at the Cannes Lions festival in France, which is basically the world’s biggest gathering of advertisers and marketers. It’s an increasingly important place for Greg to be, as Netflix’s new ad tier has nearly doubled in six months to more than 40 million subscribers and feels increasingly pivotal to the future of the company.  On top of that, Netflix is updating its famous culture memo, and I wanted to chat with Greg about the changes he’s making to that document, and how he’s thinking about maintaining that culture as Netflix grows into things like advertising and gaming. Links:  Netflix Culture Memo | Netflix Netflix Culture Memo (2009) | Netflix Streaming is cable now | The Verge Netflix’s ad tier hits 40 million users | The Verge Netflix is different now — and there’s no going back | The Verge  Netflix just fired the organizer of the trans employee walkout | The Verge Netflix doesn’t want to hear it anymore | The Verge It’s hard to believe Samsung’s new, matte The Frame is actually a TV | The Verge Transcript: https://www.theverge.com/e/23946561 Credits:  Decoder is a production of The Verge, and part of the Vox Media Podcast Network. Today’s episode was produced by Kate Cox and Nick Statt and was edited by Callie Wright. Our supervising producer is Liam James. The Decoder music is by Breakmaster Cylinder. Learn more about your ad choices. Visit podcastchoices.com/adchoices

We’ve got a special episode of the show today – I was traveling last week, so Verge deputy editor Alex Heath and our new senior AI reporter Kylie Robison are filling in for me, with a very different kind of episode about AI. We talk a lot about AI in a broad sense on Decoder — it comes up in basically every single interview I do these days. But we don’t spend a ton of time on the day-to-day happenings of the AI industry itself. So we thought it would be a good idea to take a beat and have Alex and Kylie actually break down the modern AI boom as it exists today: The companies you need to know, the most important news of the last few months, and what it’s actually like to be fully immersed in this industry every single day. Links:  Google defends AI search results after they told us to put glue on pizza | The Verge Apple is putting ChatGPT in Siri for free later this year | The Verge AI will make money sooner than you’d think, says Cohere CEO Aidan Gomez | Decoder Humane is looking for a buyer after the AI Pin’s underwhelming debut | The Verge 2024 is a year of reckoning for AI | The Verge OpenAI researcher who resigned over safety concerns joins Anthropic | The Verge Hugging Face is sharing $10M worth of compute to beat big AI companies | The Verge The AI drama is heating up | Command Line Google and OpenAI are racing to rewire the internet | Command Line Elon Musk’s xAI raises $6 billion to fund its race against ChatGPT | The Verge Credits: Decoder is a production of The Verge, and part of the Vox Media Podcast Network. Today’s episode was produced by Kate Cox and Nick Statt and was edited by Callie Wright. The Decoder music is by Breakmaster Cylinder. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Tubi is a free and very rapidly growing streaming TV platform — according to Nielsen, it had an average of a million viewers watching every minute in May 2024, beating out Disney Plus, Max, Peacock, and basically everything else, save Netflix and YouTube. All those streaming service price hikes are driving people to free options, and Tubi is right there to catch them. CEO Anjali Sud joins Decoder to explain why she thinks Tubi's model "could be" profitable, and how Tubi competes not only against the premium streamers, but also against the big competitors for viewers' time: TikTok and Youtube. Links:  As streaming becomes more expensive, Tubi cashes in on the value of free | Los Angeles Times Tubi’s new redesign wants to push you down the rabbit hole | The Verge Tubi Rabbit AI: ChatGPT can give you better movie recommendations | The Verge The future of streaming is free ad-supported TV and movies | The Verge It’s true: people like leaving their TVs on in the background | The Verge Stubios is the new name of Tubi’s fan-fueled studio program | The Verge Comcast has a Netflix, Peacock, and Apple TV Plus bundle coming | The Verge A Disney, Hulu, and Max streaming bundle is on the way | The Verge Transcript:  https://www.theverge.com/e/23942621 Credits: Decoder is a production of The Verge, and part of the Vox Media Podcast Network. Our producers are Kate Cox and Nick Statt. Our editor is Callie Wright. The Decoder music is by Breakmaster Cylinder. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Private equity is a simple concept — a PE firm uses some combination of money and debt to buy a company, then makes a profit — but the reality of what happens to the companies that get acquired is anything but. It's everywhere, and it's not going away. In this summer remix, we're talking with Brendan Ballou, author of Plunder: Private Equity’s Plan to Pillage America, about how we got here and what happens next.  Links:  Private equity bought out your doctor and bankrupted Toys“R”Us — here’s why that matters | The Verge Private equity and mismanagement: Here's what really killed Red Lobster | Fast Company Sony and Apollo send letter expressing interest in $26 billion Paramount buyout | NBC News Plunder: Private Equity’s Plan to Pillage America | Brendan Ballou Barbarians at the Gate: The Fall of RJR Nabisco | Bryan Borrough & John Helyar Barnes & Noble is going back to its indie roots to compete with Amazon | The Verge Credits: Decoder is a production of The Verge, and part of the Vox Media Podcast Network. Our producers are Kate Cox and Nick Statt. Our editor is Callie Wright. The Decoder music is by Breakmaster Cylinder. Learn more about your ad choices. Visit podcastchoices.com/adchoices