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Most Innovative Companies
Author: Fast Company
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Which companies are on the cutting edge of artificial intelligence? What’s the next major breakthrough in healthcare? How do iconic brands reinvent themselves to appeal to the next generation? Most Innovative Companies is where tech, business, and innovation convene. Join hosts Yasmin Gagne and Josh Christensen as they bring you the latest innovations transforming business and society—and highlights the companies that are reshaping industries and culture.
107 Episodes
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Over the past week, it was announced that Mira Murati, CTO of OpenAI, would be the latest to depart the company. This leaves Sam Altman as the last remaining leader from the early days of OpenAI, signaling a clear shift in direction. And maybe most importantly, the company has abandoned its nonprofit status and become a for-profit benefit corporation. ‘Fast Company’ senior writer Ainsley Harris talks through these changes and what it could mean for the future of OpenAI. Also, Shion Kaji, father of Ryan Kaji of Ryan’s World, and Albie Hecht of pocket.watch talk about working with child stars and creative influence across platforms, from YouTube to the big screen.
Alabama’s ecosystem of innovation is built on the strength of its entrepreneurs, workforce, policymakers, and community leaders. Leading economic development at HudsonAlpha Institute for Biotechnology, Carter Wells has long worked at the intersection of these stakeholders, fueling innovation, collaboration, and impact across 45 biotech companies in the state. In this custom episode, learn how Carter connects Alabama’s best institutions, organizations, and people behind HudsonAlpha’s mission — and how Alabama creates an ecosystem for this mission to thrive.
If you were on YouTube in the Golden Age of BuzzFeed videos, there’s a good chance you remember the Try Guys, a group of four friends, who hosted a hugely popular series about trying new experiences. Like many BuzzFeed creators, the four eventually left to start their own production company, 2nd Try. But a couple years ago, the ‘guys’ were thrust into the spotlight when one of them was caught having an affair with an employee and left the company. We got to talk with two of the original guys, Zach Kornfeld and Keith Habersberger, about navigating the upheaval and their strategy around YouTube and 2nd Try’s new streaming platform.
Also, Stephanie Smellie, head of business development at Patreon, talks about how the platform supports podcasters and other creators in building a unique relationship with their audiences.
This week, we’re recording the show at Fast Company’s Innovation Festival using a modular soundproof booth from ROOM. ‘Fast Company’ senior staff editor Jeff Beer, who covers advertising and branding, returns to talk about the latest ads and over-the-top videos from brands including Pepsi, the NFL, and Progressive—and the nearly-11-minute-long promo video, ‘ManningCast: The Musical.’ Also, how are brands responding to the backlash against DEI, and who’s going against the trends?
Plus, Robinhood cofounder and CEO Vlad Tenev shares about his company’s growth since the GameStop chaos of 2021, the regulation he’d like to see for cryptocurrency, and how he thinks about AI as a new language tool.
The Fast Company Innovation Festival begins next week for the 10th year, and to celebrate the anniversary, we’re highlighting 10 of the most innovative people in various industries and sectors. ‘Fast Company’ editor-in-chief Brendan Vaughan chats about how the list was chosen, and what’s remarkable about each person. And Glossier CEO Kyle Leahy shares about how the brand with such a strong cultural link to millennial fashion works to reach all generations of makeup fans.
Tickets are still available for the Innovation Festival! Please join us for four days of inspired conversation, purposeful networking, and meaningful takeaways.
Last week, Telegram CEO Pavel Durov was arrested in Paris. French authorities detained and charged him in connection to an investigation related to a dozen different charges, including money laundering and child abuse. Telegram has become notorious for its laissez-faire approach to moderation and celebrated by right wing groups as an anti-government, anti-liberal home for channels and messaging. The platform is used by everyone from French and Russian government officials to the Ukrainian military. ‘Fast Company’ contributing editor Alex Pasternack chats about Pavel Durov’s background and what the case means for social media moderation in the U.S. and internationally.
Also, Damian Bradfield, cofounder and chief creative officer of WeTransfer, discusses how his file-sharing company used advertising and a unique approach to creative tools to morph into a digital arts platform.
In this custom episode from FastCo Works and Williams, Kathleen Koch chats with Williams executive VP of corporate strategic development Chad Zamarin. They break down the rapid growth of energy demand due to the rise of data centers and AI and the need for clean tech—and what the U.S. needs to do to keep pace.
Will Packer is a film, television, and podcast producer who has worked in Hollywood for more than 20 years, making movies like ‘Ride Along,’ ‘The Wedding Ringer,’ and ‘Girls Trip.’ He also has a book on the way next year, ‘Who Better Than You?: The Art of Healthy Arrogance & Dreaming Big,’ about the stories and lessons he’s learned in the entertainment industry. Will’s latest show, ‘Fight Night: The Million Dollar Heist,’ premieres September 5 on Peacock, and tells the story of Muhammad Ali’s famous fight in Atlanta and the massive theft that followed. He chatted about his experiences as a producer, where he finds story inspiration, and one of his biggest accomplishments: convincing Beyoncé to change her mind.
Also, Anu Duggal, founding partner of Female Founders Fund, talks about how things have changed, or not, for female entrepreneurs in the startup ecosystem. After 10 years in seed-funding for companies, she sees optimism in climate tech, but AI? . . . Not so much.
Last week in a major shakeup, Starbucks announced the appointment of Brian Niccol as its new chairman and CEO. Niccol, then CEO of Chipotle, will succeed Starbucks’s Laxman Narasimhan, who is stepping down immediately from the position he’s held for only 17 months. For a company that has aggressively claimed it does not make fast food, this could signal a shift in how Starbucks views itself . . . and how it attempts to regain the 20% in market cap that it’s lost. ‘Fast Company’ contributing writer Clint Rainey discusses the coffee chain’s past mission and values, and how different leadership has shifted the brand’s focus.
Also, we talk with rapper Saweetie about her successful brand partnerships with Postmates and McDonald’s, and her perspective on growing her own brand and image. And Candace Bushnell, author of ‘Sex and the City’ (the book!), chats about looking back on her writing and TV career and what stories she wants women to see today.
This week, we’re taking a look at what some top brands are doing in the sports and entertainment space. This is part of our ongoing monthly series, Brands that Matter, with ‘Fast Company’ senior staff editor Jeff Beer who covers advertising and branding.
Then, we chatted with ‘Fast Company’ contributing writer Nicole LaPorte about the Gap new CEO. Back in the ’80s and ’90s, Gap was synonymous with denim and khakis. But the rise of fast-fashion brands such as Zara and H&M, shift from shopping in malls to shopping online, and the pandemic’s ‘house clothes’ trend, all hit the Gap hard. Then, former Mattel president and COO Richard Dickson came in to take over. And if you’re wondering why a successful toy company executive would want to move to a flailing clothing company . . . we got you.
Cofounder and CEO of 23andMe, Anne Wojcicki, wants to take the public company private. Founded in 2006, the DNA-testing startup was valued at $6 billion in 2021. Now, it’s trading for less than a dollar. So what happened? ‘Fast Company’ senior writer Ainsley Harris breaks down 23andMe’s history, and why the company faces an uncertain future.
Also, actor Edward Norton chats with ‘Fast Company’ staff writer David Salazar about his startup, Zeck. After decades of serving on nonprofit and corporate boards, as well as working with boards as a founder, Norton realized that modern, streamlined tools could vastly improve boardroom communication. His company aims to change the dynamics of boards and company management by reducing repetitive tasks and facilitating better collaboration.
And heads up, our show will be shifting to publish on Thursdays starting August 22!
A Gallup poll published last July found that just 36% of Americans had “a great deal” or “quite a lot” of confidence in higher education. That’s a 10% drop from 2018, and more than a 20% drop from 2015. Enter the University of Austin, which claims to be a new type of higher education institution that offers students “the fearless pursuit of truth.” The privately funded nonprofit has reportedly received $200 million in private donations, much of it from prominent right-wing investors. ‘Fast Company’ senior staff editor Max Ufberg discusses the university’s background and what school will be like for the first class of freshmen.
Also, L-Acoustics CEO Laurent Vaissié shares his excitement for the possibilities of sound design for live concerts and shows. His company’s approach to audio is creating immersive experiences and new layers of storytelling, from Broadway theaters to Vegas shows.
With President Biden out of the presidential race and support gathering behind Vice President Kamala Harris to take his place as the Democratic nominee, Silicon Valley’s influence on the candidates is more obvious than ever.Back when Harris ran for California District Attorney, she received donations from tech investors and venture capitalists including Sheryl Sandberg and Reid Hoffman, both of whom have already endorsed her for president. On the Republican side, JD Vance worked for prominent VCs and even started his own, with money from Peter Thiel, Marc Andreessen, and Eric Schmidt. So it’s not surprising that the past couple weeks have brought a flurry of endorsements and massive donations from the biggest names in tech. ‘Fast Company’ contributing writer Issie Lapowsky joins the show to break down what’s influencing tech billionaires in their endorsements, and what that reveals about the industry’s political interests.
Also, world-renowned chef René Redzepi, the creative force behind Noma, the three-Michelin-star restaurant in Copenhagen, discusses his new role as host of Apple TV+’s docuseries, ‘Omnivore.’ He also digs into the joys and pains of foraging and his plans to rework his restaurant business after Noma closes at the end of this year.
Last week, Amazon announced it hit a goal of 100% renewable electricity seven years early. But a report from an Amazon employee group argues that this claim is misleading. They say that only a fifth of the company’s data centers in the U.S actually run on clean power. Meanwhile, Amazon, Google, Microsoft, and a host of other companies continue their development of AI—yet another huge energy demand. A recent report by Goldman Sachs says utility companies will need to spend nearly 40% more in the next three years to keep up with the demand from cloud service providers. For example, training an AI model like OpenAI’s GPT-3 required just under 1,300 megawatt hours, which is the amount of power used by 130 U.S. homes in a year. ‘Fast Company’ deputy digital editor Morgan Clendaniel discusses how to interpret Amazon’s claims about renewable power, and how much energy we’ll need to power even more data processing. Also, Jeff Beer, ‘Fast Company’ senior staff editor covering advertising and branding, breaks down some of the recent campaigns and marketing from Etsy and Taco Bell, and what to expect from ads during the 2024 Summer Olympics.
Temperatures are hitting all-time highs, with some cities reaching 25 degrees above average. Last week, the Biden Administration announced a proposed rule that would create heat protections for certain workers, including delivery drivers. But with companies like Grubhub and UberEats classifying delivery workers as “independent contractors,” what does that mean for some of the people most vulnerable to extreme heat? ‘Fast Company’ staff writer Jess Bursztynksy gives us the latest on the state of delivery workers’ rights in NYC and beyond. And Dr. Sophia Yen, founder of Pandia Health, talks about changing how people get essential healthcare, using algorithms in telemedicine, and how our political climate impacts women’s healthcare businesses.
Brooklyn-based art collective MSCHF has a long history of expertly harnessing pop culture humor to poke fun at big corporations. Their latest project is a game built on top of Venmo, where players buy in for $10 and participate in hourly votes to eliminate each other, and a daily vote to pick a winner. The first player chosen to win by 100% of the votes will win a prize pot of over $119,000. Fast Company Global Design Editor Mark Wilson breaks down MSCHF's history and how they combine artistic commentary with capitalism. And Pinterest Chief Product Officer Sabrina Ellis discusses AI's possible uses on a platform with such a vast library of images. How can Pinterest continue to be a source of inspiration for users, an avenue for shopping, and expand the diversity of its content? And what insights can AI provide into the things that catch our eye?
In a recent viral LinkedIn post, Cap X Media’s CEO Matthew Baltzell poses in a backwards baseball cap and details his experience firing an employee for the first time. He talks about the process, what he learned, and asks for feedback from readers. One commenter wrote, “This LinkedIn post is a disgrace,” while another said, “You brought pain into someone’s life and then turned it into a ‘gold star for me’ moment. They’re certainly appalled by this on other (less weird) social platforms.”But plenty of comments sympathized with Baltzell over the uncomfortable situation, even praising him for sharing it. In fact, deranged behavior like this is a daily occurrence on LinkedIn, where business influencers operate very differently from influencers on other social media platforms. ‘Fast Company’ contributing writer Joe Berkowitz discusses his own forays into LinkedIn’s world of ‘corporate positivity.’ And Andrew Lacey, founder and CEO of medical technology company Prenuvo, talks about how the full-body MRI scanning that his company is offering might change our perspective on preventative healthcare—if the high cost can be lowered by other systemic reforms in healthcare.
Back in April, President Biden signed a law that would ban TikTok unless its parent company, ByteDance, sells the social media app. The company was given about nine months to a year to find an American buyer. So, today we’re going to dive into the race to buy the social media app . . . specifically looking at one billionaire who’s spearheading a bid: former Los Angeles Dodgers owner Frank McCourt. Fast Company Senior Staff Editor Max Ufberg sat down with McCourt a few weeks ago to discuss his interest in buying TikTok.
And then we chatted with Fast Company Senior Staff Editor Jeff Beer about his trip to Cannes and which brand he thinks will win the Titanium award.
Also, check out Yaz's interview on the "Rapid Response" podcast: https://www.fastcompany.com/91142303/have-we-hit-peak-apple
A nonprofit founded by right-wing billionaire Charles Koch was a "key contributor" to a recent video produced by the popular content creator MrBeast. The video, titled "We Schooled Hundreds of Teachers," was uploaded on April 30th to "Beast Philanthropy," a second channel MrBeast uses to showcase charity work. MrBeast, whose real name is Jimmy Donaldson, lists the organization Stand Together as one of the main financial sponsors. Stand Together was founded by Koch in 2003 as The Seminar Network and it describes itself as a "philanthropic community" dedicated to tackling the "country’s biggest problems," which range from education initiatives to what it calls "freedom-minded solutions." But we wanted to focus on how MrBeast’s corporate structure operates, so Fast Company contributing writer Ryan Broderick joined us to chat about it.
Then, Fast Company associate editor David Salazar had a conversation with Vault founder David Greenstein and musician James Blake, who was the first artist on Vault and has been vocal about its potential as a new way for fans to engage with their favorite artists. They chatted about experimenting with new ways to monetize music.
Last September, CollegeHumor rebranded as Dropout. The 25-year old comedy platform made the move after a surge in subscriptions to the company's streaming platform, Dropout TV. After decades of struggling to find profitability, this became the centerpiece of its business model.
“Truthfully, as a high school dropout, I never really connected with the brand name CollegeHumor,” said Dropout CEO Sam Reich. "We promised ourselves we would only do away with the name when we felt that Dropout was popular enough to eclipse it, and we feel that time is now.”
Since purchasing the company for a whopping $0 in 2020, Reich has prioritized producing long-form improv content, keeping costs low and driving brand awareness through vertical videos on social media networks like TikTok. Dropout currently has 11 active series including its two most popular properties Game Changer and Dimension 20, a series where comedians actually play a live game of Dungeons & Dragons. By the end of this year, they are set to have 15 series including a live comedy special series called Dropout Presents that will launch this summer with a stand-up special from YouTuber Hank Green. The company has also ventured into live event programming for Dimension 20 in partnership with Live Nation, starting with a four-show tour of the U.K. this spring and, most impressively, leading up to a show at Madison Square Garden in January of 2025.
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In today's rapidly evolving business landscape, the concept of innovation has become a driving force behind the success of companies across various industries. The "Most Innovative Companies" podcast provides an invaluable platform for dissecting the strategies and stories behind these innovative enterprises. In an age where disruptive technologies, changing consumer behaviors, and global competition are reshaping the corporate world, it's essential to examine the dynamics at play. https://www.localhomeservicepros.com/new-york-ny/marketing/pizza-box-crafters The podcast's long-form format allows for a deep dive into the inner workings of these innovative companies. By offering a comprehensive exploration of their histories, approaches, and the challenges they've overcome, the podcast educates and inspires both entrepreneurs and established businesses alike. https://www.preferredprofessionals.com/new-york-ny/printing-services/pizza-box-crafters