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Generational TV Memories and Importance of Sales Teams in Startups
Exploring the impact of 80s TV shows on upbringing, the necessity of a robust sales team for B2B startups, and the importance of SOCK 2 compliance in a lighthearted and informative discussion.
This Week in Startups is brought to you by…
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Timestamps:
(0:00) Alex Wilhelm joins Jason to dive into this week’s news.
(1:17) Announcing new co-host on TWiST Alex Wilhelm of TechCrunch fame!
(3:03) Alex breaks down what’s on the docket for today!
(4:16) The OpenAI equity issue.
(10:38) Vanta - Get $1000 off your SOC 2 at http://www.vanta.com/twist
(12:39) OpenAI’s ChatGPT 4o. (15:33) Why ChatGPT is better than Siri.
(17:50) OpenAI’s net revenue in the wake of last week’s announcements. (20:04) LinkedIn Ads - Get a $100 LinkedIn ad credit at http://www.linkedin.com/thisweekinstartups (22:06) Comparing the needs of consumers vs enterprise for ChatGPT. (24:17) OpenAI has pulled “Sky” one of the voices for the new ChatGPT 4o due to it sounding like Scarlett Johansson
(28:48) Equinix - Join the Equinix Startup Program for up to $100K in credits and much more at https://deploy.equinix.com/startups (30:01) Alex’s favorite topic around how much founders paying themselves. (38:46) A billion-dollar deal in cybersecurity.
(45:43) Breaking news Scar Jo!
(56:24) What’s going on with crypto-venture capital.
(58:02) A look at “decentralized twitter” called Farcaster.
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Links from episode:
OpenAI Equity link: https://www.businessinsider.com/sam-altman-openai-nda-clause-vested-equity-ilya-sutskever-2024-5
OpenAI revenue growth https://techcrunch.com/2024/05/20/chatgpts-mobile-app-revenue-saw-biggest-spike-yet-following-gpt-4o-launch/
Founder salary report: https://pilot.com/founder-salary-report-2024
CyberArk-Venafi deal: https://techcrunch.com/2024/05/20/cyberark-snaps-up-venafi-for-1-54b-to-ramp-up-in-machine-to-machine-security/
Crypto VC rising: https://www.reuters.com/technology/venture-capital-funding-crypto-rises-24-bln-pitchbook-says-2024-05-20/
Check out Farcaster: https://www.farcaster.xyz/
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Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp
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Follow Alex:
LinkedIn: https://www.linkedin.com/in/alexwilhelm/
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Follow Jason:
LinkedIn: https://www.linkedin.com/in/jasoncalacanis
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Thank you to our partners:
(10:38) Vanta - Get $1000 off your SOC 2 at http://www.vanta.com/twist
(20:04) LinkedIn Ads - Get a $100 LinkedIn ad credit at http://www.linkedin.com/thisweekinstartups (28:48) Equinix - Join the Equinix Startup Program for up to $100K in credits and much more at https://deploy.equinix.com/startups
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Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland
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Check out Jason’s suite of newsletters: https://substack.com/@calacanis
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Follow TWiST:
Substack: https://twistartups.substack.com
Twitter: https://twitter.com/TWiStartups
YouTube: https://www.youtube.com/thisweekin
Instagram: https://www.instagram.com/thisweekinstartups
TikTok: https://www.tiktok.com/@thisweekinstartups
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Subscribe to the Founder University Podcast: https://www.founder.university/podcast
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Listen to the best highlights from the podcasts you love and dive into the full episode