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Evolution of Businesses and AI Investments
Exploring the evolution and success of businesses through new features and product velocities, Squarespace's AI-guided design system, investments in AI companies, open-source AI models, and the risks of overfunded startups and high-valuation investments.
This Week in Startups is brought to you by…
Squarespace. Turn your idea into a new website! Go to http://www.Squarespace.com/TWIST for a free trial. When you’re ready to launch, use offer code TWIST to save 10% off your first purchase of a website or domain.
OpenPhone. Create business phone numbers for you and your team that work through an app on your smartphone or desktop. TWiST listeners can get an extra 20% off any plan for your first 6 months at https://www.openphone.com/twist
Lemon.io. Hire pre-vetted remote developers, get 15% off your first 4 weeks of developer time at https://Lemon.io/twist
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Todays show:
David Weisburd hosts Jaime Matus, Michael Eisenberg, and Jason Calacanis to discuss AI investments and the potential washout of overfunded startups (4:11). They also touch on VC hypocrisy (38:47), and the role of geography in the VC ecosystem (54:53).
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Timestamps:
(0:00) David Weisburd intros Jaime Matus, Michael Eisenberg, and Jason Calacanis
(4:11) Pitchbook data summarizing the total amount of capital invested in AI
(12:12) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at http://www.Squarespace.com/TWIST
(16:33) Predicting a washout of overfunded AI startups and sky high valuations
(25:30) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist
(26:57) Discussing Michael Eisenberg's career and investment experiences
(37:22) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist
(38:47) Discussion on Greg Isenberg's tweet about VC hypocrisy
(54:53) Fundraising rankings by ecosystem
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Follow Jaime:
LinkedIn: https://www.linkedin.com/in/jaime-matus
Check out: https://www.invariantes.com
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Follow Michael:
X: https://x.com/mikeeisenberg
LinkedIn: https://www.linkedin.com/in/mieisenberg
Check out: https://aleph.vc
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Follow David:
X: https://twitter.com/DWeisburd
LinkedIn: https://www.linkedin.com/in/dweisburd
Check out: https://10xcapital.com
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Follow Jason:
X: https://twitter.com/jason
Instagram: https://www.instagram.com/jason
LinkedIn: https://www.linkedin.com/in/jasoncalacanis
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Thank you to our partners:
(12:12) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at http://www.Squarespace.com/TWIST
(25:30) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist
(37:22) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist
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Check out the Launch Accelerator: https://launchaccelerator.co
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Check out Founder University: https://www.founder.university
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Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp
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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