OpenAI CTO Departure, DOJ AI Compliance, M&A Trends, and more! | E2014
This Week in Startups
Intro
This chapter explores the optimism surrounding investments in AI-enhanced companies, using a diamond-digging metaphor to highlight perseverance in seeking opportunities. It contrasts the determination of some investors with others who may give up too soon, suggesting that future profits could rival major tech giants.
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Todays show:
Alex Wilhelm joins Jason to discuss OpenAI CTO’s departure (2:03), DOJ AI compliance guidelines (9:11), current trends in tech M&A (19:15), and much more!
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Timestamps:
(0:00) Jason and Alex kick off the show
(2:03) Breaking news: OpenAI CTO departure and speculation
(8:17) Linear - Streamline issues, projects, and product roadmaps in a tool your team will actually enjoy using. Get 25% off at https://www.linear.app/twist
(9:11) DOJ AI compliance guidelines
(17:52) Oracle - Try OCI and save up to 50% on your cloud bill at https://www.oracle.com/twist
(19:15) Current state and trends in tech M&A
(29:13) Liquidity, market trust, and the move towards a cashless society
(36:05) Fundrise - Sign up today at https://www.fundrise.com/TWIST
(37:21) Startup funding, valuations, and disciplined fundraising
(50:09) Instacart's valuation journey and venture capital challenges
(53:25) Optimism for the AI-driven business super cycle
(55:36) The future of labor: Skilled trades vs. knowledge workers
(1:02:03) Trends in apprenticeships, college enrollment, and geographic arbitrage
(1:08:24) Startup opportunities in vocational training and alternative education models
(1:11:09) Google's career certificates initiative
(1:14:16) Job expectations and the reality for young professionals
(1:15:42) Tenet Media controversy
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Mentioned on the show:
https://www.cnbc.com/2024/09/16/the-toolbelt-generation-why-teens-are-losing-faith-in-college.html
https://globalventuring.com/corporate/exit/exits-corporate-backed-startups-august-2024
https://www.ft.com/content/78b7e7a7-7428-4c5e-bfa2-0921c9d6cd25
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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:
(8:17) Linear - Streamline issues, projects, and product roadmaps in a tool your team will actually enjoy using. Get 25% off at https://www.linear.app/twist
(17:52) Oracle - Try OCI and save up to 50% on your cloud bill at https://www.oracle.com/twist
(36:05) Fundrise - Sign up today at https://www.fundrise.com/TWIST
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Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland
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