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Equity

Equity

Business:Entrepreneurship

Gen-Z is rewriting the rules of the Internet, and here's how startups should respond

Gen-Z is rewriting the rules of the Internet, and here's how startups should respond

2023-08-26
Download Right click and do "save link as"

Why the extra edition? Because Battery Ventures dropped an interesting report on Gen-Z and we wanted to talk about it.

Alex got Courtney Chow, a vice president at Battery and one of the report's authors to chat about it. You can read the report itself here.

This is what we got into:

  • The fracturing of culture: Gen-Z is large, and very diverse. The trend away from monolithic cultural primacy that began years ago has accelerated with the generation, making culture itself more personal, and more distinct. For startups, this means branding will become a different challenge if they want to reach this demographic slice.
  • Everything is short-form video: Given massive usage of TikTok by Gen-Z and the popularity of other platforms that feature short-form video, we were curious how smaller companies can compete with incumbents that already have a Reels strategy, if you will.
  • Ethical capitalism: One of the most interesting areas of the Battery report was its notes on how entrepreneurial Gen-Z is, and how diverse they are. Gen-Z also has expectations around goods and services they purchase relating to the actions of the companies behind the sale. So, if you want to sell to Gen-Z, you might need to care about climate change, for example.

Now, that's officially it for us this week. Enjoy the rest of your weekend, and we'll catch up on Monday!

For episode transcripts and more, head to Equity’s Simplecast website.

Equity drops at 7 a.m. PT every Monday, Wednesday and Friday, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. TechCrunch also has a great show on crypto, a show that interviews foundersand more!

view more

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2023-08-14
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