"We Had to Kill the Ipod To Save Apple" - iPod & iPhone Inventor, Tony Fadell

Today, we're joined by Tony Fadell, inventor of the iPod, co-inventor of the iPhone, and founder of Nest, acquired by Google. He's also the New York Times bestselling author of Build: An Unorthodox Guide to Making Things Worth Making, and has invested in over 100 companies working across AI, surgery, textiles, and drug discovery. Tommy Stadlen talks to Tony about why Apple was so close to collapse when it bet on the iPod, why no single AI device will replace the smartphone, and the two-year internal standoff with Steve Jobs that a Wall Street Journal reviewer ended without knowing... He also speaks about: - Why Apple had less than 1% market share and $500M in debt when they gambled on the iPod - "Stay beginner": why great product teams design as if they've never seen the product before - "Virus of doubt": the Nest approach to making people notice what they'd stopped seeing - Why the iPhone was really three devices you already owned, merged into one - General Magic: building the iPhone concept 15 years too early (and what that tells you about timing) - Why companies (and people) only change when they're close to dying - Why no single AI device will replace your phone... Building a purpose driven company? Read more about Giant Ventures atwww.Giant.vc (https://www.giant.vc/). Music credits: Bubble King (https://soundcloud.com/vector_xing/bubble-king-1) written and produced by Cameron McLain and Stevan Cablayan aka Vector_XING (https://open.spotify.com/artist/0OIhUsMY7pVMZPc5kp4pBP). Please note: The content of this podcast is for informational and entertainment purposes only. It should not be considered financial, legal, or investment advice. Always consult a licensed professional before making any investment decisions.