What will be OpenAI’s IPO price? Place ya bets! | E2202
This Week in Startups
Founders Misusing Funds and SAFE Instrument Risks
Jason criticizes founders who misuse SAFE funding, explains trust-based venture norms, and warns of ethical consequences.
What will be OpenAI’s IPO price? Place ya bets! | EXXX
*Polymarket’s sharps are already placing bets on when ChatGPT maker OpenAI will go public… and Jason and Alex want in on this action. They’re placing side wagers on how the House that Sam Altman built will be valued once it finally goes public.
PLUS find out why Amazon is Jason’s stock pick for the next five years… Why startups are starting to release their own foundation models, and what this means for major players like OpenAI and Anthropic… AND Producer Oliver stops by with an in-depth look at the music-generating Suno app.
Friday shows don’t get any bigger than this.
Register for Founder University's Japan Kickoff!
Today’s show:
*Timestamps:
(0:00): Jason doesn't trust Sam Altman... Stay tuned!
(2:24) Jason’s been using Tesla FSD’s “Mad Max” Mode and it’s a SPICY ride!
(8:54) Jason and Alex checked out Higgsfield’s new Face Swap tool… Jason thinks this will revolutionize the movie casting process
(10:39) LinkedIn Ads: Start converting your B2B audience into high quality leads today. Launch your first campaign and get $250 FREE when you spend at least $250. Go to http://linkedin.com/thisweekinstartups to claim your credit.
(14:03) Here’s what Jason thinks: there are acceptable uses of Higgsfield’s tech but some are OVER THE LINE
(17:23) Here’s why Jason says the music industry deals with startups like the Mafia
(19:59) Northwest Registered Agent - Form your entire business identity in just 10 clicks and 10 minutes. Get more privacy, more options, and more done—visit https://www.northwestregisteredagent.com/twist today!
(21:02) Producer Oliver has been playing around with AI music app Suno… here’s a live demo
(22:47) We’re using Suno to make a Dire Straits song about JCal!
(30:11) PaperOS - Whether you’re raising a round, launching a fund, or managing a venture portfolio, PaperOS can unlock simplicity and scale across your empire of capital, contracts, and companies. Claim your $10,000 credit at https://paperos.com/twist
(39:42) IT’S EARNINGS WEEK! What Jason and Alex make of the fresh numbers from Amazon, MSFT, and Alphabet
(40:58) Jason’s checking out his Grokipedia page… could this be the internet’s new go-to resource?
(45:15) Why Amazon is Jason’s pick of THE stock for the next 5 years
(46:42) Three startups made their own AI models! Is the era of paying big co’s for their LLMs coming to an end?
(50:09) Jason’s warning for anyone “dumb enough” to use OpenAI’s API… they are studying you!
(57:16) It’s a new Jason-Alex bet… What will OpenAI’s IPO price be?
(59:35) What happened with Navan’s IPO? Jason and Alex dig into the numbers.
(1:07:37) Why Jason compares some later investors to Wormtongue from “Lord of the Rings”
The AI-powered Podcast Player
