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Hey STIMYers,
Happy (wet) Friday!
To those who just signed up, welcome! You'll find a hopefully interesting mix of things I've been learning/reading/listening/watching over the course of the week. I've been on a bit of a creator economy/NFT bender, and there's been some pretty exciting (read: hot) things going on.
So let's get to it!
I first heard of Joe through a former STIMY guest (the brilliant actress, Tan Kheng Hua), and I couldn't be more excited to share his episode this week!
Joe Sidek is the brains behind large-scale festivals like the annual George Town Festival, Rainforest Fringe Festival (Kuching) & Butterworth Fringe Festival. He is also the 2020-2022 chairman of Federation of Asian Cultural Promotion, an industry expert on the industry panel of Malaysian federal agency for the arts and culture, Cultural Economy Development Agency (CENDANA), and chairman of Penang Arts Council.
But before all that?
He was a landscape gardener. Founded a modelling agency. Even ran a club called Babylon Boom Boom and dabbled in costume design! As well as run his family-owned textile chemical factory, which he is still involved in to this day.
In this STIMY episode, we covered a lot of ground, including his background, why he loves Penang/Penangites so much, how he puts together these massive month-long festivals, what drives him, and his advice for the art & culture community.
Highlights:
You can listen to Joe's episode in full on: STIMY Website, Spotify, Apple Podcast, Stitcher, Listen Notes
Looking for past STIMY guests in the creative field (including some mentioned in Joe's episode)? Check out:
1. Person: Red Hong Yi & her TIMES piece
I want to give a special shoutout to one of my dearest friends (and past STIMY guest, Episode 2), Red Hong Yi, who just released a fabulous art piece she did for TIMES magazine on climate change!! A world map made out of 50,000 green-tipped matchsticks that were set on fire.
It's been quite a journey seeing her come up with the concept, source for 50,000 green-tipped matchsticks (have you ever noticed how hard it is to find the green-tipped ones?), hunt for the right location & meticulously plan out how to burn the entire piece... without anything else going up in flames! And capture every moment in all its fury.
Well done, Hong Yi & team!! It was such a privilege to watch this piece go up in literal flames. And also a special shoutout to Kern Wei for capturing the entire process so beautifully!
You can see the behind-the-scenes video here.
P/S: If you're in KL from 21-25 April 2021, Hong Yi & her team are doing a little exhibition! Details here.
Links: The Star article (for the behind-the-scenes footage); TIMES piece
2. Podcast: Patreon (Jack Conte & Sam Yam) - How I Built This
NPR's How I Built This has been one of my most favourite episodes for awhile, and I thought Guy Raz's interview with the founders of Patreon, to be a gem.
As with many founders, Patreon began because the founders wanted to solve a problem of their own. For Jack, he was a struggling musician who wanted to build a financially sustainable lifestyle for himself.
So he joined forces with coding whiz, Sam Yam, to create a platform where fans can gather to support their favourite artists for just a few dollars a month (creators get to create their own tiers & benefits).
Patreon is now valued at over $1 billion and supports over 200,000 artists, musicians and content creators around the world!
Links: HIBT Website to Patreon episode; Patreon
3. Substack Local
What is Substack?
An online platform that lets anyone start a newsletter free & monetise it. It's huge particularly among established journalists, some of whom have even left to run their Substack business full-time.
Last month, Substack hit the headlines when it raised $65 million (led by A16Z), placing its valuation at $650 million.
Why now?
Apart from its recent raise, Substack is hitting the headlines these days with their recent launch of Substack Local: A USD $1 million program that aims to accelerate the local news ecosystem based on the existing Substack model.
In other words, 20-30 creators are anticipated to gain cash advancements from the $1 million pot and in return, Substack will keep most of their subscription revenue for that year. Thereafter, the creators will revert back to the old Substack terms where creators keep 90% of their subscription revenue, and Substack keeps 10%.
Why Substack Local?
Because the founders of Substack have been concerned over the ailing state of the local journalism scene, which they view to be vital to a functioning society. One of the Substack co-founders, Hamish McKenzie, used to be a journalist himself!
They wanted to create an environment that would let their writers have a chance to dive into their writing business for a year without worrying about whether it would be financially sustainable to do so.
What would participants get?
Who can apply?
Anyone around the world! Ideally with:
Deadline: 5pm PDT, 29 April 2021 / 8 am Malaysia time, 30 April 2021
Details of Substack Local can be found here.
Link: Nieman Lab article; Substack Local
4. A16Z: NFT Canon
You're either really sick of hearing about NFTs, completely confused or both.
But don't worry. A16Z recently came up with an extremely comprehensive list of all things NFT-related, covering things like:
Link: A16Z's NFT Canon
Upcoming STIMY Guests
And that's it for today. As always, all thoughts are welcome; just hit the REPLY button below.
See you all next week! 😊
Ling Yah
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Subscribe to get the latest updates from So This Is My Why & other interesting things I’ve found online to make you the most interesting person in the room
So This Is My Why | Issue 33 Was this email forwarded to you? Sign up here. Hey STIMYers, First off, it's been over a year since I last issued a STIMY newsletter. Whoops. ICYMI, lots of things have changed, e.g.: I left law; Incorporated STIMY as a company, which helps C-suite executives, founders and VCs build their personal brands on LinkedIn; Started interviewing STIMY guests in person; Just returned from an epic 1.5 week trip in Singapore (which included hosting the 5th STIMY Hangout!);...
So This Is My Why | Issue 32 Was this email forwarded to you? Sign up here. Hey STIMYers, It's been a hot minute. While I don't tend to go political here, it'd be remiss of me to not touch on an earth-shattering event in Malaysia: What happened? Malaysia's former Prime Minister, Najib Razak, was sentenced to 12 years of imprisonment & a fine of RM 210 million (USD 47 million). According to the Chief Justice: Putting aside the personality of the appellant, this is a simple and straightforward...
So This Is My Why | Issue 31 Was this email forwarded to you? Sign up here. Hey STIMYers, Hope you're all having a great summer & hello from London! First off, STIMY recently had one of its biggest guests: a Facebook executive who used to work at Nike, Airbnb & Snapchat). Secondly, STIMY is off to the Late Late Show!! ICYMI: Last summer, STIMY featured Nick Bernstein: Senior VP of Late Night Programming & executive in charge of the Late Late Show with James Corden, aka the Big Boss (see...