On with Kara Swisher - The Onion’s Owner on Satire, Infowars, Defending Democracy & Trump

Episode Date: April 7, 2025

Last year, after pressure from activist investors, Jeff Lawson stepped down from his perch as CEO from Twilio, the cloud communications company he co-founded. But he didn’t spend any time twiddling ...his thumbs — that same spring, he bought the satirical news organization The Onion, and by the end of the year, they’d tried to buy Alex Jones’ Infowars at a bankruptcy auction.  Jeff also stayed busy on the political front, continuing his work on DemocracyFirst, a political action committee he co-founded, in 2022, to support candidates committed to democracy.  So there was plenty to chew on when Kara interviewed Jeff last week at Democracy’s Information Dilemma, a symposium hosted by the University of Michigan’s Gerald R. Ford School of Public Policy. They discuss the tech founder mindset; how Jeff is remaking The Onion; why political satire is more necessary than ever; why DEI — which Jeff championed as a CEO — can sometimes do more harm than good; and how to fight for democracy during Trump 2.0. Questions? Comments? Email us at on@voxmedia.com or find us on Instagram, TikTok, and Bluesky @onwithkaraswisher. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript
Discussion (0)
Starting point is 00:00:00 Hi everyone from New York Magazine and the Vox Media Podcast Network. This is On with Kara Swisher and I'm Kara Swisher. My guest today is Jeff Lawson, owner of America's finest news source, obviously, The Onion. Lawson is also the co-founder and former CEO of Twilio, a cloud communications platform that's used by brands like Netflix, Uber, Airbnb, Toyota, and Salesforce. In January of last year, Lawson stepped down as CEO and board member of Twilio in response to pressure from activist investors.
Starting point is 00:00:41 Since then, he's continued his work on Democracy First, a political action committee he co-founded in 2022 that donates money to candidates from both parties that are committed to democracy. He also bought the onion, tried to buy Alex Jones's Infowars out of bankruptcy, and worked on a kit car. I spoke with Jeff last week at the University of Michigan's Gerald R. Ford School of Public Policy as part of their ongoing forum on democracy's information dilemma. Lawson had a lot to say about Twilio, the onion, the state of our democracy, and the role of tech. So stick around.
Starting point is 00:01:33 This week on Net Worth and Chill, we're tackling the uncertain economic times we are all living in and how you can recession-proof your finances. It's Financial Doomsday 101. In this practical episode, we break down what a recession actually is and review concrete steps to protect and potentially grow your wealth during economic downturns. From building a proper emergency fund to identifying recession resistant assets, you're going to walk away with a clear roadmap for financial stability, regardless of market conditions. Listen wherever you get your podcasts or watch on youtube.com slash your rich BFF.
Starting point is 00:02:05 Hey, this is Peter Kafka. I'm the host of channels, a podcast about technology and media and how they're both changing all the time. And this week I'm trying to figure out how Donald Trump is changing the media in Washington and the courtroom and then the boardroom. On to help me figure it all out is Sarah Fisher, the excellent Washington-based media reporter for Axios. That's This Week on Channels, wherever you get your favorite podcast. Support for On with Kara Swisher comes from Sophos. Cybersecurity doesn't have to come with sacrifices or trade-offs. With Sophos, no matter your business' size, you get enterprise-grade technology and real-world experience always in sync, always in your corner.
Starting point is 00:02:51 Sophos' native AI technologies evolve with every threat, and their experts are ready 24-7, 365 with their managed detection and response services to stop threats before they strike. And you can manage all of your security alerts, configurations, and other security projects through the Sophos Central Platform. So don't sacrifice your peace of mind to grow your business. Learn more at Sophos.com. It is on. Jeff, thanks for joining me in this conversation at the University of Michigan, where you are
Starting point is 00:03:24 an alum. Indeed. So let's get into it. So let's talk a little bit about you here. You quit the university halfway through your senior year, which is an unusual time, in order to work on your startup, which is Versity. Talk a little bit about that. There are a lot of entrepreneurial seniors probably sitting here who plan on graduating
Starting point is 00:03:43 next month. Talk a little bit about Why you did that and your experience or people who don't know it? Absolutely. Well, I showed up to college undergrad in the fall of 1995 and the internet was brand new like the commercial internet was really just Coming about and I remember I got here and while a lot of people like their first day on campus He said goodbye to your parents and you're excited about alcohol or parties whatever I was excited about the Ethernet jack in my dorm room
Starting point is 00:04:08 Which had fast internet because you know you have dial-up and all this back then which none of you know what that is But you got here and it was like a whole different world and you could really just you could see the whole internet and I remember You know FTP down a copy of Netscape Navigator 1.0 And started using the web and you know A lot most the web was like these static web pages about people's you know job or their favorite pet or whatever And then you had these websites where you could do something right? But there were few and far between for people that don't know the very one of the very first early Internet sites people looked at was people making coffee. It was like a webcam on a coffee maker
Starting point is 00:04:42 And that was very exciting at the time like oh my god maker and that was very exciting at the time Like oh my god, someone's it wasn't exciting at the time. But nonetheless, so go ahead This is important for people to understand like how do they do these amazing things? Like how if I wanted a coffee maker cam out it and so I just said you know what? I'm gonna start a company in order to just have an excuse to go play with this new thing called the internet And I've always found that the best way to do something or to learn something is just just an excuse to go play with this new thing called the internet and I've always found that the best way to do something or to learn something is just just commit yourself to doing it and then You have to go do it right? So tell someone tell a customer you're gonna go do a thing and for us
Starting point is 00:05:14 We said we're starting this company. Great. How do we do this? or what first of all, what are we doing and I remember I was walking down campus one day and they had all these signs on campus for election note companies so you could walk into a copy shop and buy a copy of the notes from the courses you're in and they would pay one note taker usually hopefully a good one who's sitting near the front of the room taking really good notes and the copy shop would buy the rights to the notes and then you could go in and buy them for like 40 bucks a semester and there's a little cottage industry and we said you know what wouldn't that be great to do that online so you have to walk through the snow to get a copy of your notes and buy them for like 40 bucks a semester. And there was a little cottage industry. And we said, you know what, wouldn't that be great to do that online
Starting point is 00:05:46 so you don't have to walk through the snow to get a copy of your notes? And so we started this thing, it was 1996. We could have had any domain name we wanted, and we went for notes number four free.com. Wow. Brilliant marketers we were. No, not at all.
Starting point is 00:06:01 Notes, we could have had google.com, we could have had like anything was available at that point now. Notes number four free. No, not at all. We could have had Google.com, we could have had anything that was available at that point. Notes, number four free, which then later turned into Versity.com. But it was this excuse to start playing with the internet. So we built this site and we hired a lot of our friends to start taking notes in the lectures they were in and posting them on things. Which you did in an analog style, correct, and then uploaded them? process that had been analog. Basically, because yeah, in the old way it was, here's my piece of paper with my notes, and they would literally get Xeroxed on usually blue paper. Why blue?
Starting point is 00:06:50 Because you couldn't then subsequently copy it again. And so we put the whole thing online, digitized it, and we ended up as like a side project. Then we ended up like raising a little money for friends and family. We took it to the big 10. And then we actually ended up raising venture capital in about 1998 and Blew it out to 10,000 courses at about 200 campuses nationwide, but the thing is like we had a little bit of success
Starting point is 00:07:14 We ended up selling to a competitor and all stock deal the competitor filed to go public missed the window was bankrupt a few months later So yeah the class a classic dorm room to we were worth 150 million to we're worth nothing again all all in like 18 months, like the whole story. And in some ways, I feel very lucky. In some ways that I had multiple starts at entrepreneurship talk about Twilio the valuation rocketed to 70 billion dollars during the pandemic Although it's come back to earth. It didn't fall off a cliff like so many other pandemic success stories Talk a little about your experience because you left Twilio after the battle with activist investors So let's talk about your history and explain why you left which is another typical thing. This is not a things happen like this with Left which is another typical thing. This is not a things happen like this with Entrepreneurs a lot. Yeah, you know I left not by my choosing
Starting point is 00:08:12 the board thought that Avoiding a fight with the activists was the right thing to do. Mm-hmm. And so I was fired And that was you know something that never in a million years Did I expect would happen in terms of like I being fired from the company that I started And ran and the interesting thing that happened like you look I was mad I was you know all sorts of emotions you go through in this but at the end of the day what I came to realize was I Was the founder chairman CEO and president. Mm-hmm. I had every title imaginable to avoid this outcome. So somehow I screwed up. And so as I look back, I kind of realized like, oh wow, you've got an activist at the gates and my conversations with the board were very normal. It's like, no, we're just
Starting point is 00:08:56 going to run the business as usual. And I kind of thought great. I didn't really manage the board. I always felt like, I'm not there to manage them. But the reality is this was wartime. When an activist is at the gates, that for a board is wartime. And you know, the whole wartime peacetime notion, I needed to treat the board like it was war. And I needed to lead them through that. And I wasn't doing that. And as a result of it, we have this moment where push came to shove and it was like, are we going to actually have a public campaign with an activist or not? And the board said, hey, you know, life's better without public activist campaigns against
Starting point is 00:09:30 you. And so that's the direction we're going to go. And that took me by surprise. And the fact that that took me by surprise was a very big mistake. Well, I think you grow up in that idea that you're the founder in there because there's a founder culture in technology where the founders are the be all and end all. And so I think you kind of believe in that idea that you're the founder in there because there's a founder culture in Technology where the founders are the be all and end all and so they think you kind of believe in that idea Explain for people who don't know what Twilio does so yeah So Twilio is infrastructure that software developers use to embed communications inside of the apps that you have on your phones and use on
Starting point is 00:09:58 the web so For example when Cory Booker texts you asking for five dollars, that's may probably Twilio For example, when Cory Booker texts you asking for $5, that's probably Twilio. But also when you ride an Uber or you're sitting in Airbnb or any one of these things where you are interacting with some service over text, over voice, over video, over one of these things, Twilio is powering those kinds of communications in the quantity of trillions a year for hundreds of thousands of companies and all the apps that they build. And built it from zero. I'm a software developer, so I realized through all the course of my of companies and all the apps that they build, and built it from zero. I'm a software developer,
Starting point is 00:10:26 so I realized through all the course of my prior companies, I needed communications in all the apps that I was building and didn't have it. It was inaccessible. I was like, I don't know how to add text messaging to my thing. That's just like, that's the mysteries of the cosmos, how text messages arrive.
Starting point is 00:10:40 So started a company to solve that problem. So I grew up from that idea in 2008 through about four billion in revenue And you know at our peak we had about ten thousand employees and so really, you know a wild ride But you know, unlike the dot-com era building real value building a real company with real revenue and a you know in the b2b Space right selling to other companies but also with this sort of b2c idea of like developers and the software developers being the people who would lead us into companies
Starting point is 00:11:05 was kind of a novel idea when we started this in 2008 and ended up working very well because and this is where luck plays in the mobile boom happened right around when we started Twilio. That's correct. And therefore there was a huge now surging demand for apps for developers and for all the infrastructure needed to build those and we were happy to be right there at the right time. And so for entrepreneurs in the room, it also goes to show you work hard and all this, but
Starting point is 00:11:27 75% of it's luck and timing and all that kind of stuff. But when you think about doing that and moving on, how is that, like one of the things that entrepreneurs, they get sort of celebrated as success, success, success, but there's failure after failure after failure. And even though it exhausts me when they're always like it wasn't a failure I'm like well that was a failure But since leaving Twill you've been you haven't found a new startup talk about your relationship with the tech industry now that you have some distance from it
Starting point is 00:11:55 You know, where do you live San Francisco? Okay. All right good. That sounded so accusatory. No, it's not I'm just like I still have my house in San Francisco. I was just there last week. Sorry, what was the question? What are you doing in tech? Why didn't you start a new startup? A number of reasons. First of all, when I left Twilio, I said I am going to, for a period of time time just do things that bring me joy Mm-hmm And I knew there are a lot of days when I was CEO running a public company and you know meeting after meeting and all this kind Stuff what I really wanted to be doing was like soldering a circuit board and like building some IOT idea There's some stupid idea in the back of my head that is of no commercial value whatever but I'm like
Starting point is 00:12:38 I wonder if that's possible And so I said the first thing I'm gonna do is just let myself go do all those things All the stupid ideas I've had in the back of my head like building a car or like building You know for a while was working on a internet powered walkie talkie for children just because I thought that was a neat Thing not because I thought it'd be a great business or I wanted to run that business. I just was like can I do this? That was kind of fun. Um And then part of it was okay. I love mentoring young teams young founders, management, young management teams. And so I opened up a garage where I do all my building and I said, you know, I could go to this garage and be alone every day, tinkering on a car or whatever.
Starting point is 00:13:17 Or I could invite, you know, a dozen startups and just work out of here and let them ask me questions and do office hours with them and see if I can help them And I'm like, yeah the latter sound surrounding myself with interesting people doing interesting things Especially in this era of rapidly evolving AI that sounds like a much better way to spend my days and so so I did that and it's called the founders garage and partnered with you know, Bessemer of venture capitalists and Y Combinator and Open AI and a few others who send me some of their earliest stage startups who need some Mentorship and some help along the way and so that's how I really enjoy Spending my days and I think there's a lot of folks who jump straight into their next thing You know, it's a rebound relationship is basically what it is
Starting point is 00:14:00 And we all know how those tend to end right except now you've got a company to go deal with and employees and customers and all sorts of obligations. And I thought, well, that sounds like a horrible idea to make some rash decision just because I'm used to being in charge and used to being CEO of something. So let me go be CEO again. I just said, let me do things that purely are for me. And then eventually, something will come to me. So we're going to talk about a number of those things.
Starting point is 00:14:21 In 2022, you and your wife, wife Erica founded a pack called democracy first Explain how you decide what candidates to back and what and what happens if you don't succeed what happens if more pro-democracy candidates lose well we have been in fear of Democracy here in the United States for a while since roughly 2016 for some reason. I don't remember why and and the United States for a while since roughly 2016 for some reason. I don't remember why. And so, you know, we started doing them typically. We were very apolitical. We gave a little bit to the candidates to make sense, but you know, not really involved. And, you know, so we started by doing some of those things like, oh, let's give to some obvious candidates. But then in particular, so we did a lot in the 2020 election because we just wanted to have a change of leadership and
Starting point is 00:15:09 Then there was this hope that in 2021 after we'd won Congress and and the presidency That we would pass legislation to strengthen democracy and there's a number of norms of democracy that got challenged in the norms of democracy that got challenged in the 20 teens, you know whether it was Supreme Court seats that weren't granted when the norm said they should have been or Whether was a lot of the stuff that Trump had done during his first term that challenged Democratic norms but luckily didn't happen because the people surrounding him didn't allow it to happen and we said wow that was really close Let's not Let those things, those things happen again.
Starting point is 00:15:46 And so we believe that this federal legislation, the Freedom to Vote Act, and then John Lewis Voting Rights Act, that passage of those would really strengthen a lot of the tenants of democracy. And when that didn't happen, because they would have had to abolish the filibuster to pass it and they didn't, we kind of had this, oh shit, we're gonna have to do this the hard way. And the hard way means going down to the state level and the local level and really asking what are the pillars way below the federal level that uphold our democracy. And it turns out a lot of it is how our elections run.
Starting point is 00:16:22 Are they run in free and fair ways? So you've got secretaries of state, how they administer elections, state supreme court elections, where a lot of this stuff gets adjudicated. You've got attorneys general, whether they're going to bring cases or not of the right kind, and all the way down to local election commissions. Pennsylvania has each county has a three-person election
Starting point is 00:16:41 commission. And the idea was in each of these races, in each of these states that that matter here Are they're going to be rational? Believers in democracy of either party or are you gonna crazy people? Who don't want to uphold democracy? They just want to see their party and their ideology with right plot spoiler. Go ahead and And so we said we're gonna work really hard in a bipartisan way Just to make sure that the the people who believe in rule of law are gonna sit in these seats when the election comes around
Starting point is 00:17:11 And so that's where we started working on the all these things You know, we didn't know about most these I mean nobody knows about half these elections that go on at the time Nobody knew Trump was coming back. He was sort of down in Mar-a-Lago hiding for a short time Sure But like, you know, you don't play with fire, as I often tell my son, you know, like, you know, you can light the match for the hundredth time and that's when you burn yourself. And so... So how much money did you put into it and which how did you decide what to do?
Starting point is 00:17:38 For example, you and Elon both spent money on the recent Wisconsin Supreme Court case. Congratulations, by the way. You back Susan Crawford, the liberal candidate, and although you probably spent less than $25 million that Elon put up, so sorry, Elon, your candidate still won. Talk a little bit about this race. When you look at this race, what's your takeaway? Is this the new normal now that the world's richest man or rich people are throwing around money for elections? I mean, cause it seems like he can do this all day
Starting point is 00:18:09 and night, someone like this. And so can a lot of people. And they did it quietly before, but not quite in this hyper amplified and hyper way. These are sleepy state races, like a judge in Wisconsin that become, I think Wisconsin's 90 million dollars spent. Yeah.
Starting point is 00:18:28 It's look, I wish we lived in a world where you didn't have to do this. First of all, I'd have a lot more money in my bank account. But second is like, do I think that people should from like out of state be influencing elections? Like, no, ideally, the people of Wisconsin should decide who their Supreme Court members are without the help of anyone outside influencing it right like that's ideally how democracy should work in the same way that we should decide who our president is without you know maybe the Russians helping us to decide that and but that's not the world we live in and
Starting point is 00:19:01 so we have to participate I do think the new norm is this but I actually think that on the right they they were doing this for quite a while and on the left we Ignored it at our peril. Mm-hmm And so now what you see is actual fights occurring and therefore the stakes are going up The press is going up all that kind of stuff because it's no longer being done kind of Quietly by one side. It's being done by both sides and now the numbers are going up and look I think we all knew that Wisconsin was going to be not just a judgment upon who the Supreme Court
Starting point is 00:19:32 electee would be, but actually a judgment upon Alon's money. And what does Alon's money mean? Is it toxic or not? And what I think we've shown is that like like yes, hopefully this is a sign that somebody coming in and trying to buy elections in such a transparent way is a turn-off right to more people than it is a Benefit to the person who who who's getting it meaning that money politically toxic you mean politically toxic What do you think happened there personally when I saw the cheese head I went no He didn't do the cheese. I did I was like you nuisance and he didn't have Trump next to him, right?
Starting point is 00:20:12 I think with Trump there he's appealing to his constituency whether you like him or not and Elon thinks he has is because he's standing next to him when in fact, he's quite a unpleasant person to look at in many ways. I Won't speak to his physical picture. Don't take That she said was bad. It was remind me of the Dukakis helmet. I was like, oh geez. Yes ouch there I was being bipartisan. That was a bad picture too. Yeah, if you're a politician, just don't put things on your head No, yeah, Mr. Gavin Newsom. He'd have looked good in the book cheese head, but go ahead I
Starting point is 00:20:49 Just think most people cannot relate to Elon Musk. Mm-hmm therefore His standing up there trying to lead doesn't necessarily work in it What's interesting is he's used to I'm sure leading a bunch of like tech people Who revere him who revere him and who get their paycheck from him? She's standing up in front of an all hands at Tesla or SpaceX or whatever and he gets this, you know Certain response from them also on Twitter same thing and on Twitter. Yes good good point, right? It's people who've already opted into liking him that gives them that adoration and therefore has rewarded him for being a lawn
Starting point is 00:21:26 But now you go out in front of an average group of people in Wisconsin or on the news everybody And you see that approach is a turnoff to a lot of people. They don't want to be thought of as just pawns that can be bought For a price and they don't want to go to the Alon Show where they might get a check for a million dollars in exchange for their fealty and their vote like aside from being illegal I think enough people believe that this is just it's not what America's about And he is and he he brings this out in a very visceral way I think in enough people that's what that's what the big test was other enough people look at this and say god You know what? I don't even, regardless where I stand politically, this doesn't feel like what America stands
Starting point is 00:22:10 for. And I'm so happy to see that enough people have said, yeah, this doesn't feel right to me. We'll be back in a minute. Support for this show comes from NetSuite. Let's get started. Support for this show comes from NetSuite. Running your business would be a lot easier if you knew exactly what was going to happen tomorrow. You'd sleep well at night knowing when the next bull market or bear market was on the
Starting point is 00:22:36 horizon or where interest rates would be in a year. Unfortunately, you can't predict the future, but you can prepare for it. NetSuite by Oracle has helped over 40,000 businesses future-proof their operations. NetSuite is a top-rated cloud ERP bringing accounting, financial management, inventory, HR into one platform. Having one unified business management suite gives you the visibility and control you need to make quick decisions. Real-time data gives you actual insights, and closing the books in days,
Starting point is 00:23:02 not weeks, means you're spending less time looking backwards and more time on what's ahead. No matter how big your company is, NetSuite helps you respond to your most pressing challenges and seize your biggest opportunities. Speaking of opportunity, download the CFO's guide to AI and machine learning at netsuite.com slash on. The guide is free for you at netsuite.com slash on. Netsuite.com slash on. Netsuite.com slash on. It's been a rough week for your retirement account,
Starting point is 00:23:32 your friend who imports products from China for the TikTok shop, and also Hooters. Hooters has now filed for bankruptcy, but they say they are not going anywhere. Last year, Hooters closed dozens of restaurants because of rising food and labor costs. Hooters is shifting away from its iconic skimpy waitress outfits and bikini days,
Starting point is 00:23:51 instead opting for a family-friendly vibe. They're vowing to improve the food and ingredients, and staff is now being urged to greet women first when groups arrive. Maybe in April of 2025, you're thinking, good riddance. Does the world still really need this chain of restaurants? But then we were surprised to learn
Starting point is 00:24:11 of who exactly was mourning the potential loss of Hooters. Straight guys who like chicken, sure. But also a bunch of gay guys who like chicken. Check out Today Explained to find out why exactly that is, won't ya? Support for today's show comes from Chevrolet. Whether it's a quick jaunt or a long journey, no matter where you're going,
Starting point is 00:24:35 the all electric Equinox EV allows you to travel with confidence, comfort, and connectivity. Equinox EV comes equipped with a standard 17.7 inch diagonal color display touchscreen, making it the largest center screen among EVs in its class. Its sleek lines and a commanding stance define the exterior of Equinox EV, while the no-compromises interior has a cargo room and storage that let you do you at a starting price of around $34,995.
Starting point is 00:25:01 Equinox EV, a vehicle you know, valued you'd expect, and a dealer right down the street. You can go EV without changing a thing. Learn more at chevy.com forward slash Equinox EV. Based on latest competitive data, the manufacturer's suggested retail price excludes tax, title, license, dealer fees, and optional equipment. Dealer sets final price. A lot of tech CEOs in the interim have embraced President Trump, but at the very least lavished him with praise. I happen to know at least most of the people on that dais don't like him, right?
Starting point is 00:25:40 But nonetheless, they're interested in growth and they're interested in shareholders and things like that and and advantage that includes mark Benioff who was known for his social activism and who you called one of your heroes I have a long relation with mark and lately I've been sending him kind of Irritating that I'm sure they're irritating texts to him, but I like them But but I get why they do this the CEO of a public company has a fiduciary To their shareholders and Trump demands fealty. That's why he had them all there. Trophies.
Starting point is 00:26:12 But if business leaders are incentivized to play nice with the president who doesn't respect demarcation, the rule of law, including law firms this week. This week the attacks are on law firms to show fealty and a surprising number of them are acquiescing what does that say about our economic system and and that theory because Is it it's sort of you break down these pillars that you're talking about Well, that's exactly the problem, right? We think that there are all these systems that are in check and balance and there are all of these Defenses that are built into democracy to fight the rise of an authoritarian. But what you see historically and here today is that the in practice, so much of it is just norms. So I'm sure the symposium is talking a lot about democratic norms and things that we thought were just the way it worked. Turns out not so much.
Starting point is 00:27:06 And even things that are, I don't even think arguably, but should be litigated in front of a court are the law and are the first amendment or things like that. When you break them, it takes somebody to do something about it. The law is just a piece of the constitution is a piece of paper. And if nobody does anything about it, then it's just a piece of paper, right? The Constitution itself is not going to come out and arrest people or whatever, right? And so it takes people and that's literally what we're seeing happen right now is in January 6 was the best example of it Which was a very extreme event of an anti-democratic event and not only were there no consequences for it
Starting point is 00:27:46 The perpetrator was rewarded with another term in office, right and that to me says wow The norms you cannot get norms that are any more clear than do not raid your Congress with arms And expect to get away with it than that and so therefore what should we expect from this next term? That's what that's the thing that I think is scaring a lot of people and that both scares them in terms of Wow If I'm the CEO of a public company his retribution can actually do harm because we may not be able to go to a court and fight it Therefore what we do it is a very hard problem if you're a public company CEO now, here's the thing I would say Can you
Starting point is 00:28:28 You know put your responsibility as a citizen Arguably ahead of your responsibility as a CEO. You have a fiduciary responsibility to your shareholders. Yes Trump has a responsibility to uphold the Constitution, right? So what do we do about the rule of law? by the way, you don't have to break the law now to be in In trouble with the law right like when you enter into a lawless world. Everything is in question So can you run a company anymore when you know you start to look like a banana Republic? Which gets you the idea of innovation?
Starting point is 00:29:00 I was like now Amazon and meta and others are getting advantage through access and not innovation. And that to me is the death knell of innovation, right? That you get it because you're sitting there, you get what TikTok decisions about to come down and it's all friends of, and it's not the best scenario at all. It's just the one that's more convenient. Now that's happened over time, but it sort of underscores access over innovation which is what has kept the u.s. Ahead is its ability to innovate and disrupt Old industries. I mean, I won't forget when nilon called me when he had his first space win over Lockheed in Boeing
Starting point is 00:29:36 I was thrilled because who wants them to just run everything right you liked innovation and cheaper Rockets a level playing field right which by the way where to loving level playing fields come from They come from the rule of law right right they come from there being a clear sense of rights and wrongs and knowing that contracts will be enforced and ownership is honored and all sorts of things that we have taken for granted for a long time in this country now if you travel to other Places in the world you realize that we How lucky we are to have a system where in order to get something you have to bribe people, right? It's not who you know, it's not how you were born. I mean, yes, it is to some extent obviously in a lot of ways. However
Starting point is 00:30:16 More than any other place on earth America was a place where the rule of law was the most important thing as opposed to all those other factors and Now you start to see wow Maybe that's not something we can take for granted because you have to be in the good graces of The elected leader in order to be able to do business Right. And so, you know the tech world is worried about being broken up. They're worried about having retribution They're worried about the government buying their products or worry about all these things And so they have lined up to try to make sure that they are in good graces and in a way that I find
Starting point is 00:30:48 Disgraceful. Yeah, I would agree and I like I don't know I remember people asking me Remember those that tech roundtable when Trump first came to office. I broke that story. I broke that. Yes, I wrote that story Okay. Yeah, so I Remember sheeple they didn't like it, but I did I remember people asking me at Twilio They're like, oh are you invited? And I'm like, no part of Lee. I was like, well, no, we're not that important, but But if I was invited I would not have gone right because to me attending and being a part of it is Is an endorsement of like yes This process is up, you know
Starting point is 00:31:22 I'm bored and I want to give me a part of it and you know the excuse people make is well I'd rather be a part of it. And the excuse people make is, well, I'd rather be a part of it than not a part of it. Right, that's their argument. I can change. No, endorsing what's going on by being a part of it. I broke that story, and the only person calling me back was Elon Musk. And I said, how can you do this?
Starting point is 00:31:38 He goes, well, I can change his mind. I go, well, Jesus, you're not going to. It's not going to happen. He hates immigrants, and he's racist and homophobic, et cetera. And he's like, I can change his mind. You know, that was the idea by being there. And one of the things, what I wrote is they want their tax breaks. They want their money brought back from abroad.
Starting point is 00:31:55 They want these things and it's over their citizenship. And that's why I called them sheeple. It was shameful when they did that. And they didn't bring up immigration. And even though there were four immigrants at that meeting, they didn't bring up his hateful rhetoric around immigration. And they're always like, oh, we'll say it quietly to him. And I'm like, no, I'd like you to say it publicly because Silicon Valley was built on immigration.
Starting point is 00:32:16 It was built on the ability to bring people in this country and innovate. There's a theory that essentially says the internet is to blame for the rise of populism, right, around the world in part because of social media algorithms reward rage bait, misinformation, conspiracy theories, destroy trust in institutions, plus we're all trapped in these silos that isolate us from the real world community. I've interviewed lots of people like Yuval Harari and others to, you know, this is where it goes. I was trying to think what I blame for a lot of this, and I think it's very easy Initially to blame just the internet like or especially social media But to me if I had to pick in three things
Starting point is 00:32:51 I would say social media gerrymandering and Rupert Murdoch have killed our country like in a lot of ways in a combination Created the polarization. What do you point to if you had to pick three things? Here's what really worries me is that what I look at as the major institutions of our society, the media, social media, politicians, government, political parties, like all of these major institutions, every one of them wins when we are angry at each other. Every one of them makes more money or gets more powerful when we are rage clicking and angry and all this kind of stuff. Ratings go up, clicks go up, advertisers are happy.
Starting point is 00:33:34 Everyone's incentive function in these major institutions that kind of rule our society benefits when we hate each other. And so what's the antidote to that? What's the antidote when everything that we look at and hear from and every message we're getting is like, yeah, yeah, we're cool when we just create this anxiety and this rage and the rush that people get when they're anxious. There's no what's the solution. The line I had in my book was enragement equals engagement.
Starting point is 00:33:59 Yes. So what's the answer? And I literally don't know what is gonna come along other than Walking outside and and Going to the park and looking at your neighbor and going to the whatever the Rotary Club or church or synagogue or the mosque or you know Having a barbecue with your friends Whatever it is like people are the answer to a real people that live near you and that whose values you share with them Or because you live in the same area
Starting point is 00:34:25 Not because you've rage clicked on the same link That to me is the best answer And so what I like one of the things that I was pitching last year when we were gonna win the trifecta Was you know, I think would be a great agenda item. Like if Biden did the infrastructure bill Why don't we do the social infrastructure bill? Think about how much money would it take from the federal government community group to bolster? local picnics the ice cream social at a church like Like for you know a tiny amount of money in the federal budget we could really build up local institutions
Starting point is 00:34:57 Oh, by the way, I'm in some hearts and minds on the ground. They do it via online I just recently spoke to Kamala Harris and I wanted to do a podcast called Recently Unemployed with Kamala Harris where I wanted to go meet people all over the country and tape it and have discussions with real people. I thought Pete should do that. I pitched Pete on that. Oh, recently unemployed with Pete Buttigieg? Doesn't sound as good.
Starting point is 00:35:17 Not as good. I was thinking Pete's America. Stick to your guns. I'll do the podcast, okay? But I think one of the solutions I have to tell you is humor and and let's talk about the onion now because I've been Recently interviewing I'm saying a lot of time in reading comics because I think they have very trenchant social commentary and political commentary They're the toughest tougher than media on politicians And I mean all sides like they're really good stuff
Starting point is 00:35:42 Even if you don't agree with it this and that but I've really spent a lot of time interviewing tons of them. Now, you, a lot of billionaires are buying things, Washington Post bought by Jeff Bezos, who's a terrible owner right now, Mark Benny bought Time Magazine, Elon bought X, and you bought The Onion. So, tell us why The Onion and why you bought a satirical paper instead of, say, starting a newspaper like Mike Moritz is doing which is very good one the San Francisco Standard for example, what was the and I do recommend that it's quite good. They're doing a great job Well, let me ask you this if you could own any news source or America's finest news source
Starting point is 00:36:18 Which one would you buy? well, I'm trying to buy the Washington Post but he's not calling me back but Well, I'm trying to buy the Washington Post, but he's not calling me back. But... You know, when... I remember, because this whole thing started when Bezos bought the Post and Benioff bought Time, I started joking with friends, I'm going to buy the Onion. Because that is a proportional to our market caps, but also just how the universe should work.
Starting point is 00:36:39 Like, oh, that's me. The universe is in sync if that's what I did. And then I looked into it a few times over the years. And it was never the right time. It was owned by private equity. They wanted to sell it. They had some great idea for what private equity was going to do with the onion.
Starting point is 00:36:52 Well, finally last year they realized that they did not know what to do with the onion and they were ready to sell it. And so the timing worked out to buy it. And really for three reasons. You had been calling them. You were like, I'm interested, yeah. Yeah.
Starting point is 00:37:04 I was like, damn. Well, I missed. It got sold from Univision to private equity. You've been calling them. You're like, I'm interested, yeah. Yeah. I think, damn. Well, I remember I missed. It got sold from Univision to Private Equity, and I missed that opportunity. Yeah. Oh, when that happened. Why Univision owned it? Again, who knows?
Starting point is 00:37:12 Amazing. Yeah. They owned a lot of things they shouldn't have owned, yeah. And so the reason for buying it, there are basically three reasons. First was, you know, I started looking into it because it started as a joke, but I was like, actually, that'd be kind of cool. I've been a longtime fan of the onion. And when I started looking into it, I realized it wasn't buying the onion, it was saving
Starting point is 00:37:33 the onion because it was in a death spiral. First of all, I mean, the whole media world has obviously been struggling for the past, you know, 10 years. Some of it. Everyone except for you, Kara. That's true. There's a lot of very good media entrepreneurs right now who are doing very well. But the last 10 years have been tumultuous.
Starting point is 00:37:50 For the big companies, certainly. Yes. Yeah. And then add on top of that to be owned by private equity whose goal is to extract cash from the entity while it is shrinking. It's just layoff after layoff after layoff. And so it was basically on life support. And so it became saving it, which I thought was important because I thought it's an institution
Starting point is 00:38:14 the world needs. And it's not very expensive. It isn't. It isn't. None of these. I mean, the watch most sold for $250 million, which is nothing to Bezos. There's a bizarre arbitrage. And he's since brought it down to 125 million.
Starting point is 00:38:24 So I- Well, there's a bizarre arbitrage, by the way, from tech to media, which is that the valuations of tech firms versus media firms is huge, except the influence of media versus tech is also huge. So you can take your tech money and buy influence on the media side, and it's actually a fairly good plan. Yeah, it is interesting. Yeah. Hence Twitter being pulled into XAI.
Starting point is 00:38:45 Yes. Because it can hide it in there. So I want to find out what makes an onion story. I'll read a few recent headlines. I know you don't do the editorial, but still. Trump says he won't rule out a third Reich. Pete Hegseth calls for steep cuts of a number of steps in AA recovery. DOJ designates posting photos of balding Elon Musk as domestic
Starting point is 00:39:06 terrorism and college campus tour ends inside unmarked ice vehicle. It's not funny, but it's funny. So I love these. You guys really, it's very in your face and you your ceo ben collins is a former Disinformation reporter who was very good at his job and no experience as ceo Um, he left news after receiving death threats over his coverage and became irrevocably depressed and anxious Talk a little bit about what you're going for here because it's very in your face and and and And actually funny for left-wing people Which isn't usually the case So you know I said there were three reasons
Starting point is 00:39:49 the second one is because I feel like the onion and satire and comedy is a way to Drill down straight to the truth because the reason we find things funny is because someone is saying out loud what we're all thinking That's what makes humor and you don't even know you're thinking it, but then when someone says it, you're like, oh yeah, that has been what's in my head. And that's why we find things funny. And it's like this, you know, like if you have a dog and you need to give them medicine, you like wrap the pill in a little like pill pouch
Starting point is 00:40:15 and you give it to them, the dog eats it, and they don't know that. That's what satire is for the truth. You wrap the truth in this pill, in this pill pack, and now someone can, you can eat it it you get it inside of people's head And that's what is so interesting about The onion in particular because the brand is amazing. We have followership Mm-hmm
Starting point is 00:40:35 and what the onion can stand for in terms of a delivery vehicle for the truth because we're literally satirizing the news is a Great vehicle to now start saying okay and by the way this would go this is this is this is true no matter who had won in November that actually being a vehicle to deliver truth about what's going on in our society right now is critical because the media itself is failing to do that the politicians like every institution is failing to do this what can actually cut through all of that and deliver the truth to me? It is satire and the power of satire is you can float above it all right?
Starting point is 00:41:10 You think of spy magazine or just heard Graydon Carter who created that and he they're the ones that coined Trump's famous Description which is short-fingered Bulgarian which still works today But if you think about it, like I think our job is actually not you said it's funny to people on the left Very specifically. We are not trying to be a leftist Satire what we make fun of everybody you do we do but what we really want to be is floating above looking down at this System that we're all in where you know, Zuckerberg makes more money when we hate each other Mm-hmm and looking at this me like how did we get here? Mm-hmm makes more money when we hate each other and looking at this and be like how did we get here? Like what went wrong at many steps along the way that this is where we are. We hate our neighbors,
Starting point is 00:41:50 we're unwilling to hear opinions we disagree with, we are rage clicking, rage voting, everything. Like how do we get back to a more civil society? Like how do we get here? Where everybody can laugh about something. Where we can laugh about things and we can actually see eye to eye with friends and family who don't agree with us on everything But you know we can see them as human beings, right? So yeah, and you do do topics too when there's a mass shooting the onion posts the same headline No way to prevent this says only nation where this regularly happens. Yeah, the paper is run the headline 38 times Yeah, which I think to me is much more powerful than any number of editorials
Starting point is 00:42:23 I'm gonna do a lightning round of, because I think it's very serious topics. People don't realize how serious some of this stuff is, you know, when you're doing it, but it is hidden in humor, which is often some, you know, Mark Twain, we have a history of this in this country. And by the way, I'll say before you go into it, the onion, one of the things that's great
Starting point is 00:42:41 is that our office in Chicago, we've got back archives of all the old papers. And it's just so amazing to pull out random ones over like a 30-year history and just read random. And it's amazing how often the Onion got it right. On the eve of the Iraqi war in 2003, they had a point-counterpoint. And the point-counterpoint was, point, invading Iraq will create a generation of terrorists and chaos in the Middle East versus no it won't
Starting point is 00:43:09 Sounds like the Los Angeles Times today so that guy Go buy that please go buy that billionaire because that guy's insane Anyway, let's do a lightning round about the onions business fast answers, please. How much should you pay for it? few million Like how many? It's complicated, please. How much should you pay for it? A few million Like how many? It's complicated. Okay. How big is the staff? I'll let you go now about 25 25 What are the different revenue sources and what's the rough breakdown per category almost entirely now subscription revenue from memberships memberships? What do they cost?
Starting point is 00:43:40 $99 a year. Okay, great. I have one myself. What's it? What's good? It's a good product It wasn't I totally dump you What's your revenue goal for this year? We want to break even and I think that's about No, actually, I just gave them permission to lose money because there's more important work We have to do a revenue goal is about four or five million. Okay When do you expect to turn a profit then you said it's okay not to this year originally our goal was this year We said because we took our revenue to zero when I bought it
Starting point is 00:44:07 It was a website with awful ads and bad content that the last owner was like just create things that do clicks So it's it was all slideshows. Mm-hmm, and we just started over we told the writers, right? Whatever you want we can get rid of all these awful ads on the website it's gonna clean website the loads fast that amazing this it actually works on mobile now and It's gonna clean website the loads fast that amazing this it actually works on mobile now and And we said we're gonna replace all that horrible low quality revenue with Memberships when we write things that our readers like they will pay us the simplest business model in the world Would you mind losing money indefinitely? But what I asked them is I said let's get we need to get to break even and as long as we're break even
Starting point is 00:44:41 We are fine. I don't expect this is ever going to make a ton of money. I'm not going to get rich. One of the things, oh, sorry, I already am. But the thing is, I said, I'm not doing this because I want to flip it. Because so many owners came through with the onion and said, I'm going to make something, we're going to grow it, grow it, grow it,
Starting point is 00:45:00 and then we're going to flip it and sell it and make a bunch of money. I was like, that's not why I bought the onion. I bought the onion because I want to own it for the rest of my life, right? And I want it to be amazing and our ability whatever we can do here is limited by how much revenue we bring in because we Can spend it as long as we're break even I'm happy and it has to it has to least break even I say that to people All the time it has to make money or break even because then you're a charity and I told it actually to the staff
Starting point is 00:45:22 Well to the leadership I said look you want to be break even because you don't want to be dependent on me, right? To be like, yeah, I'll write you another check. You know, I'll be like I'll just sing a bad day suddenly He's already great. You want to you want to own your fate? And therefore being break even is the best thing that you can do But I did tell them like look we were gonna break even this year and I said I think we've got more important work to do this year based on the politics of what's going on And so I committed to them a certain amount of money and I said, you know, let's let's do what we need to do Yeah, I always say that to media entrepreneurs. You're talking about like you got it
Starting point is 00:45:51 I say you have to make money cuz then you know a lot of time when I was working for the journal when I had A thing inside and it made a lot of money and they'd come to me and I go go away. I'm making money Yeah, right But I'm like get the fuck away from me right and you can't do that unless you're making money You've got the power that I do. I that's my favorite power is saying fuck you to people and I'm making money Go away. Take your check now. Leave me alone. It's my favorite part of my job Now I own all my stuff so I say it to myself So you recently brought back the print edition of the onion. That's kind of fun. It's made headlines. What's the strategy?
Starting point is 00:46:27 Back to basics, right? So we said we're gonna do two things here. Number one, there's a lot of people who today are actually older they're in the 30s 40s 50s who grew up with the onion the print edition and that's the onion they remember and We're gonna give it back to them and in exchange. They're gonna give us $99 a year, right? That's how we're gonna give it back to them, and in exchange they're gonna give us $99 a year. That's how we're gonna make a revenue model. Now there's a younger generation who didn't grow up with that, doesn't know the onion as a print paper, because they killed the print edition about 10 years ago. And for those people, we are going to use the revenues
Starting point is 00:46:54 and the profits that we make to reinvest back in other forms of media that will probably resonate more with a younger audience. Because how many people here who are, let's say under the age of of 30 read the New York Times? Oh, I know. Actually, Sprite, well, they're in a political science program, I don't know. But like, I did this, I asked that question in another student setting and one person raised their hand, right?
Starting point is 00:47:17 So our product is a parody of the New York Times which young people aren't reading. Our other product is the Onion News Network, a parody of CNN, which young people are not watching, right? So we need to develop new properties that will actually satirize the media that young people especially today are consuming And that's what leads us to info wars actually All right So you famously try to buy info worlds at a bankruptcy auction, but a federal banker's who judge rejected the offer after you'd won Explain that and why did the judge reject your offer and do you think you'll eventually succeed and will Alex Jones be your employee?
Starting point is 00:47:48 No. It's obviously there's performative and memeyness to it and fun. It's fun and it drove him crazy which is always pleasing to me because he's the worst person on the planet right now. There is something karmic justice going on here. I mean partially we did it because as a stunt it nothing is funnier than the fake news thing buying the fake news thing like It's such a karmic joke that you yeah had to do it, right?
Starting point is 00:48:14 but second it it the way we thought about it from a business standpoint was If we need to develop new properties that are going to be relevant to today's generation of internet consuming media media consuming on the internet people What that's gonna look like to us is something that is Satire of the bigger-than-life blowhard People who will say and do anything to get a follower and then sell something to make a buck like that's the internet And so who better represents that than Alex Jones? Yeah, and so a starting point for that venture would be the info wars brand
Starting point is 00:48:47 Yeah, right because it stands for exactly like the worst of the internet. Yeah, I've got so many choices for you. I'll help you So are you gonna get it? We will be launching something soon regardless of if we end up with in fours or not Yeah, I'm hopeful that we will we will be launching a satirical product in a matter of months here that is the foundation of that. Yeah, there's a lot of trouble over at The Daily Wire. There's so much you could go for. You know, there's a lot of things you could do. You could just parrot it. We'll be back in a minute. I'm Claire Parker. I'm Ashley Hamilton. And this is Celebrity Memoir Book Club. And we're thinking like monks this week.
Starting point is 00:49:37 If you've ever thought Kevin O'Leary, Jeff Bezos, the founder of Headspace, those are men that are very, very monk-like. Oh boy, does Jay Shetty have the book for you. He's written a book that tells you how to use your monk mind to become more like a billionaire monk. Pulling from three highly disputed years at an ashram, he's telling you stories of like, when he was in eighth grade and got a bad grade on a test,
Starting point is 00:50:00 and how that was scary, and how now he knows Will Smith. And if you want to reach your higher self, the billionaire version of you, think like a monk, or listen to this week's episode of Celebrity Memoir Book Club. Out now. The Nintendo Switch 2 is basically guaranteed to be the most interesting gadget of 2025. And we learned a lot of new stuff about it this last week or so. Some of the games that are coming out,
Starting point is 00:50:25 some of the specs of the new device, and the fact that it's going to cost $449.99. Except maybe it's not, because the other thing going on right now is tariffs. And tariffs threaten to change just about everything about tech. What it is, how it's made, where it comes from, and crucially, how much we have to pay for it.
Starting point is 00:50:44 So that's what we're talking about on The Vergecast all week, wherever you get podcasts. So let's finish up with university politics. It's hard not to being here at Michigan. And now you're not an expert on this, let me just be clear. But there's huge upheaval at universities. Harvard is being targeted now, Columbia was targeted, Twilio and Michigan were both the forefront of DEI. You committed to making Twilio anti-racist in 2021, and Michigan has roughly spent a quarter billion dollars on DEI since 2016. Now it's scrubbed from your website.
Starting point is 00:51:15 Michigan is eliminating these programs. How do you, if organizations want to stick with these, I think they used to be called values, really, to go about it during this crackdown, how do you do something? And University of Michigan president, Santo Ono, met with Michigan lawmakers in March and told them universities have to wake up and listen to their most vocal critics. President Trump is probably the most vocal critic of all. He's threatening to cutting these funding to 45 universities, including this one, Columbia University Compromised, as these law firms are doing, to get funding for stores. And a lot of people find that critical. So how should,
Starting point is 00:51:53 if you were running this school, they react? You're now the head of University of Michigan. You know, I was thinking about this a lot because I think DEI is obviously very well intentioned. That's where it started. And then it started going further and further and further and somewhere along the way like we lost people's hearts and minds in terms of of going along with it. So the question is why? Because I think even the most ardent people on the right are not like, and yes there aren't a lot of people who are racist or anything, but like there's a lot of people who voted for Trump who would agree in principle with like, yes, I believe people should have opportunities
Starting point is 00:52:27 and like there are wrongs in the history of our country and the world and like we there's things we can do to like make the world better and all that. But then you lose them. I saw this happen actually at Twilio at times because we had a company that was very invested in in DEI. But I saw when you to to bring in like certain like hiring practices You got people who were champions But they'd start to intellectually they'd be like, but I I don't understand how right it's legal or right to like advantage someone who is Uh underrepresented over someone who isn't Because of that like isn't that equally? Like, I saw good people really try to square that.
Starting point is 00:53:09 And I think that there is truth. Like, that is like, you know, you can see how well-intentioned people who can and should be allies of this movement get tripped up in the logic of it. And so what I think happened to me, which is I remember like, you know Dei's had many names over the course of the last ten years and you know first was diversity inclusion and and all this and then You know equity came in and that's the e and like I don't think a lot of us Notice when equity came in and we understood what equity is stood for and I think that's the thing that has triggered a lot of folks Who now are anti-DEI, because
Starting point is 00:53:45 they're like, well, wait a minute, that's where we cross the line. That's where someone else gets something that I don't. And that's the part that I'm really struggling with here. And so one of the things that I noticed, and I came to this realization that is the EU is really what we're talking about here. Because look, I don't control Toyo's website anymore. I have no role at Toyo anymore. But I was curious, what would I do if I was running the company today?
Starting point is 00:54:07 So I went to Tesla's website, to the hiring website. I'm like, what are they saying? And it's interesting. They have a diversity page. And it's all about how diverse the workforce is. And it's all about how inclusive the workforce is. All this stuff. But it's just no equity.
Starting point is 00:54:22 Right? So diversity and inclusion is something of a majority of people, a vast majority of people I think can get behind. It's when you introduce the equity part and if you don't do it well and you don't do it thoughtfully, that's where we lose allies that we could have. Because that's where you start to say, oh, but I'm so uncomfortable with that idea. I don't know how that works. Unless you have like really good answers that put that question to bed, you lose people and I saw it happen. So what would you do? What would I do what would I do if if I was running Michigan I
Starting point is 00:54:53 Think I think it would be okay to admit that equity is really hard concept for a society to get right Right because you know, it's it's incredibly complicated I think everybody wants diversity everybody can wants inclusion but equity means someone gets something and I don't get something or vice versa Like that's we start putting each other against each other and that's where it gets really complicated And so I think it would be okay to say you know what we were doing diversity inclusion diversity inclusion diversity inclusion diversity equity inclusion And we just kind of kept going and we assumed everybody was along for that ride and I think that was incorrect Mm-hmm. I don't think everybody was necessarily along for that or was executionally done wrong. Here's what I'll say I'll give you an example from my experience at Twilio We started doing these videos during our all-hands and the videos were like, you know
Starting point is 00:55:36 Meet one of the groups of people at Twilio and be like like the Filipino Twilio's would give a you know We do a little short like one minute video about you know Philippine culture. And they were really nice. And they took like a minute. It was fantastic. And usually, I never even saw them before the All Hands. But we were preparing for an All Hands.
Starting point is 00:55:53 And the day before this All Hands, I saw the run of show. And it was like, diversity video, white privilege. And I was like, ooh, I wonder what that's about. And I watched the video. And it was a very a great person It was a great employee of Twilio very well intentioned who had agreed to do a video talking about his privilege as a white man And I believe this was all very well intentioned
Starting point is 00:56:15 But can but I pulled the plug on it because I think sitting in a company sitting in an all-hands environment your company With obviously way too much of a percentage of the company being white men, way too many people in the company being basically told it's your fault, that's not going to end well. That's not how you're going to win allies. Some people may feel that, but you're not going to do any help. You're not going to help move this movement along by alienating a huge group of people that you want to be your allies. And being told in a video, which is like this was during the pandemic, everyone's sitting
Starting point is 00:56:51 at home, so you have no one to talk to. So all you have to do is watch this video, be told that you're the problem, and then what do I do? Like turn to Slack and go yell on Slack. Like this was not the right way, in my opinion opinion to try to create allies in this world And I just think that's the hardest part and I don't know I'm sure some people may agree some people disagree with that but If the goal if the goal isn't to shame and and wag fingers and cancel people but the goal is actually to make progress in
Starting point is 00:57:21 our society Then I think you do have to really moderate about who's my audience, right? How do I bring them along emotionally and intellectually on this and I think that's where some parts of the movement Failed and we're getting increasingly Finger pointy and wagging and all this kind of stuff in a way that the backlash was probably inevitable, right? No, I get it. I understand it. The only things I've put back Well, I tried a few things but the one I would push back on is being finger wagging and irritating, which believe me, I get plenty of shit on that on lots of reasons, because as a lesbian from San Francisco,
Starting point is 00:57:55 they expect me to have a certain point of view, which I don't all the time. But, and especially I get a lot of problems because Scott Galloway makes penis jokes and people think I should be offended, but I'm not. He can do them all day if he wants. But one of the things that I always push back on is that it's, while the left may be censorious and irritating, the right actually bans books, the right actually, you know, and that's really a very big difference. And I think bad execution is one thing, but directionally correct is how, and including people people if you're for inclusion then include everybody I think that's what you're saying, which I think is a yes I think what we really need to do is win hearts and minds like that's how you create change. That's who include people
Starting point is 00:58:34 That's the word of inclusion and I think it's important even if people you're applying inclusion to the process of yes including right? Yes, so last question and I'm going a tiny bit long because you're really interesting actually Um, I wasn't surprised. I'm teasing In the worst case scenario praise that has ever granted. Yes Yes, it's true the onion gets outlawed by Trump during his third term if that happens How do we keep making fun of? Authoritarians are you ever nervous about that? I was thinking about that with Lorene Powell jobs in the Atlantic because they've done two very tough articles on Trump
Starting point is 00:59:07 I'm sure they're getting I know they're getting incoming. Do you worry about that at all? What I told the team was that first you give money Reid Hoffman's under siege by these people, you know What I told the onion is like what I told the the leadership there is we have to do what we have to do Like this is our calling is not to be anti Trump.ump by the way we're not like people said all resistance me we're not resistance media we just need to call out bullshit when we see bullshit always and forever on any side like they were brutal on Schumer and you know even just last week they had Pelosi and Schumer saying next to each other you know Democrats debate how best to blow this opportunity as well.
Starting point is 00:59:45 And it was like... And I said, we have a job to do, which is to cut through and deliver truth as best we can to people. And it's more important than ever. And if what's... And I asked him, what's the worst thing that can happen? And if the worst thing that can happen is And if the worst thing that can happen is, you know, the administration sues the onion out of existence, well, that's still better than private equity ruining it, right?
Starting point is 01:00:11 So like, like if that's the worst thing, but I've got your back, I will defend you. Like, I'm here to make this publication successful. But if for some reason I can't do that, like, this is the worst thing that would happen. Like, there's worse things in the world. Oh, and by the way, I believe and we have worked to create a environment where people will come to defend us in a way that they don't necessarily come to defend the New York
Starting point is 01:00:34 Times because it's believed that New York Times can defend itself. It's a big organization. The little old onion, when you go after satire and it shows just how small I'm going to make a penis joke, just how small your penis is when you come after after satire, and it shows just how small, I'm gonna make a penis joke, just how small your penis is when you come after satire, I think people rise up and they say, that's enough, like we're gonna defend this little thing called the onion because satire is highly protected speech
Starting point is 01:00:56 and the onion is a beloved brand and a beloved publication. Well, Jeff, thank you so much and you see why I really love him. Thank you. Thank you, Kara. Thank you. Thank you so much. And you see why I really like them. Thank you. Thank you, Kara. Thank you all. Thank you.
Starting point is 01:01:06 Thank you. Thank you. Thank you all. On with Kara Swisher is produced by Christian Castor-Russell, Kateri Yopham, Dave Shaw, Megan Burdey, Megan Cunane, and Kaylin Lynch. Nishat Kurwa is Vox Media's executive producer of audio. Special thanks to Annika Robbins.
Starting point is 01:01:23 Our engineers are Rick Kwan and Steve Bone and our theme music is by Trackademics. If you're already following the show, we get to keep our democracy. If not, the onion is now banned. Go wherever you listen to podcasts, search for On with Kara Swisher and hit follow. Thanks for listening to On with Kara Swisher from New York Magazine, the Vox Media Podcast Network and us. We'll be Mac on Thursday with more.

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.