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Wikipedia

runs on ~$100M a year

135 transcript mentions
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’192’20’2117’2219’2321’2419’2513’26836
135
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  • Idea1 · 50%
  • Number1 · 50%
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Key numbers

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In the moments

2 linked receipts
Idea

Stories beat long text: a Wikipedia or recipe site in Stories format

Shaan argues the Stories format (Instagram, Snapchat) is a superior way to deliver information quickly, and that long-form text/video products like recipe sites or even Wikipedia could be rebuilt as Stories.

And I also just have a theory that in general Stories have been shown to be like the superior communication format. Like, there's a reason that Instagram Stories, Snapchat Stories, these have taken off, and it's because it's a really quick way to get entertainment or information. It's a great way to communicate from one human to another. And I just think more, more things that are in long-form text or long-form video, you could just convert to story-based formats and do really well. So like Wikipedia today is all about an encyclopedia with long-form text. I wonder if you could create a modern-day Wikipedia using stories as your way of explaining what something is

Steal thisTake a long-form text product (recipes, encyclopedia) and rebuild it in a quick Stories format.

EP 87 · 17:57 · SHAAN
Read at 17:57
mfmindex.com№ 0087-1077
Number

Wikipedia runs on about $100M a year

Sam states Wikipedia's annual funding is around $100 million, in a riff arguing it should be government-funded or a permanently protected nonprofit treasure.

$100M
Annual funding · USD/year
Wikipedia's funding is around $100 million a year. There it is.
EP 86 · 39:33 · SAM
Read at 39:33
mfmindex.com№ 0086-2373