October 2, 2025
Episode

Kakul Srivastava on Splice, AI, and Creative Control

Kakul Srivastava on Splice, AI, and Creative Control
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Sean T. Smith

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Today’s Trapital episode is all about some major changes at a growing company. You’ll hear Splice CEO Kakul Srivastava talk about the company’s $50 million acquisition of Spitfire Audio, M&A lessons learned, and how she structures the business. This conversation is from our Trapital Summit.

You can listen here or read below for Kakul’s thoughts on AI.

There's an ongoing tension in generative AI around creativity. One common critique of large language models (LLMs) like ChatGPT, Claude, and Perplexity is that their output is too generic, vanilla, and not creative enough.

But these models all have guardrails to try to prevent the hallucinations that are correlated with unique and nontraditional outputs. The upside of creativity is not worth the credibility risk that these models face.

This tension showed up in a story that Splice CEO, Kakul Srivastava, shared a few weeks ago at our Trapital Summit:

"I had a board meeting this morning, so I was making some slides, and I wanted to use the phrase, 'Skate to where the hockey puck is going.'

Great phrase, right? Always wanna be skating where the hockey puck is going. And so I asked an AI tool to make me a photo of a hockey puck going fast on the ice, but I wanted a hockey stick in the background. It made me take that photo, not realizing that the other hockey stick also has a hockey puck.

I don't know much about hockey, but there aren't two pucks on the ice, right…

I just feel like those of us building AI tools, like we just have more work to do."

This example was given as a response to whether creators want more or less creative control with AI in their process.

There are two important factors here. The first is dependent on the quality of the tools. If the underlying technology has gaping holes, hallucinations, or quality issues, users are much less likely to relinquish control to that tool. The AI's output can still be helpful, but the guardrails depend on the trustworthiness of the output.

The second factor is subjective and based on an individual creator's preferences. Splice's user base likely skews toward creators who want more balance.

Here's Kakul speaking about that for the creators who use Splice tools:

"[Creators] want to make sure that whatever they're creating, they have the ability to monetize someday if they want to or not… They don't want something that just gives them the answer. They want to be able to express themselves. So those are the principles that we're gonna keep working on."

Splice's music creators may not want to push a button, and a song comes out. But the verdict is still out on whether there is a substantial number of music creators out there who do want that.

In January, Suno reported that 25 million users have used its platform to create a song. Those aren't monthly active users, yet it's still a notable number. It suggests there's real demand for tools that prioritize output over creative control.

I'm eager to see how this evolves! Listen to our full episode from the Trapital Summit with Kakul. We also discussed lessons learned from the company's recent acquisition, organizational structure, the future of AI, and more.

Listen here:​​ Spotify​​ | ​​Apple Podcasts​​ | Overcast

Chartmetric Stat of the Week

Coachella 2026 has officially sold out. I wanted to see where each headliner was on Chartmetric’s Artist Rank. Justin Bieber is the #1 artist globally, while Sabrina Carpenter is #20, and Karol G is #19. But the next level down is more variable. Young Thug is #136, The Strokes are #890, and Anyma is #2,203. The rank is more influenced by streaming and socials than live performance, but it still shows a broad range of levels.

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Dan Runcie
Founder of Trapital
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Hip-hop mirrors the business world in a lot of ways. While I’ve always thought and known that, it’s great to see those ideas brought to life by someone so knowledgeable about both of those things. Huge fan of Trapital.
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Looking forward to future episodes of Trapital. I’ve been following the newsletters for awhile and always learn something new that’s relevant to hip hop and business. Great job getting the nuggets of info from Matthew Knowles on the 1st episode, can’t wait until the next one!
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If you’re looking for a podcast with a wealth of info on the business of hip hop, then Trapital is your new home. Dan is an excellent host who has a myriad of of experienced guests to talk their role in the business of hip hop. Check it out!
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If you work in — or have an interest in — the music business, Trapital is a must.
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A good friend of mine put me on this podcast and it took me some time to tap in, but once I did, I couldn’t stop listening! Dan has a talent for pulling out the narratives between lines, connecting it to the culture and then making it make sense. I’m a loyal subscriber and am thankful for the podcast!
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I am a real estate investor and came across this podcast after a recommendation from a friend who shares my loves for both hip hop and business. Often, those two interests have such polar opposite “voices” - but Dan’s podcast brings those two together for me. The result is magical. Great guests, too!
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As a guy who came up in NYC during the late 90s / early 2000s rap scene, I appreciate the history revisited by Dan, who obviously has an authentic and unique perspective on the culture. But he’s not only a hip hop historian; he’s also a visionary of art, technology and culture who curates other trend setters from across the globe. Salute!
Mrkamal
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I stumbled upon this podcast by learning about Dan / Trapital via LinkedIn. I listen to A LOT of podcasts and I decided to give it a listen. First, Dan has a calm and authentic demeanor, which are great qualities. When he’s talking to his guests it’s very conversational and easy flowing. I’m a former music industry vet so the topics are right up my alley.
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