Three seems like the perfect number to me. So I get why Y Combinator was really militant about this. They just know like solo founders is like probably three or four times the chance of failure and not having a tech person on the founding team and developer means just got to have idea people, right? Well, then when you do that, be intentional about the verticals that you choose, right? Like again, we're going to probably be talking for all of 2023 about the two bubbles that are inflating right now. AI specifically generative AI and climate. We're going to talk about climate funding in a minute. It's booming.
Molly and Jason discuss the news that Coinbase is doing another 20% RIF. (6:50) Then they discuss the announcement that Microsoft is investing $10B into OpenAI with some pretty favourable terms. (27:19) After, Molly and Jason chat about Make Sunsets’ plan to cool the planet and Enpal, a German solar panel company raising money at a $2.4B valuation. (46:56) Then we wrap with this year’s first edition of TWiCS featuring Mike O’Kronley, CEO of Ascend Elements. (1:00:56)
(0:00) M+J kick off the show
(2:10) Atmospheric rivers and the chaos in California
(6:50) Coinbase does another 20% RIF
(11:56) Vanta - Get $1000 off your SOC 2 at https://vanta.com/twist
(13:03) The future of employment in tech
(21:50) Mixpanel - Apply for $50K in credits at https://mixpanel.com/startups
(23:16) The perfect amount of founders
(27:19) Microsoft is invests $10B into OpenAI
(32:46) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/TWIST
(34:10) OpenAI going from a non-profit to a for-profit + What is roundtripping?
(46:56) Make Sunsets raises $750K to do what?!
(53:05) Enpal raises at a $2.4B valuation
(1:00:56) TWiCS: Mike O’Kronley of Ascend Elements
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