In this episode, Shamus Madan talks with Tyler Maloney about the impact of TikTok on Faves, exploring the potential and challenges of organic reach. They discuss Faves as a content sharing platform, the importance of product readiness in social media apps, funding, the role of VCs, and future prospects. Hey everybody, welcome to the MBIT podcast in which we discuss investing, tech, and entrepreneurship. Today we will be discussing the the new California based startup Faves (backed by VCs and angel investors including Sahil Bloom), and how it is making a dent in the social media industry. Make sure to subscribe to the pod, so you don’t miss out on future episodes. To touch on these topics we have the Founder and CEO of Faves, Tyler Maloney. Twitter of Host: @mbitpodcast Twitter of Guest: @MaloneyTyler Download the Faves App Here! --> https://apps.apple.com/us/app/faves-best-of-social-media/id1490305477 (0:00) Introduction and guest Tyler Maloney's background (1:16) Influence of TikTok on Faves (2:23) Exploring organic reach on TikTok: Potential and Challenges (3:39) Faves: A platform for content sharing and user acquisition plans (5:20) The importance of product readiness in social media apps (7:52) Discussion on funding and role of VCs in Faves (8:23) Future prospects for Faves and conclusion