The Nine Out of 10 Companies That Are Not Making Money

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Investing is one of the few professions where actually it is okay to make mistakes most of the time, but when you do it right, you do it really right. The reason for this is that number one, we're going for a huge upside. But then I would also argue that the downsides are a little bit hard to avoid.

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Today’s show:

Jason first reflects on the Titan submersible tragedy as he discusses the concept of ‘Toxic Wealth’ (1:41). Then, he explains why Meta will remove news content from Instagram and Facebook in Canada due to Bill C-18 (14:59). Finally, Elizabeth Yin gives a presentation live from Angel Summit on her five major learnings from 700+ startup investments (22:59).

Follow Elizabeth: https://twitter.com/dunkhippo33

Check Out Hustle Fund: https://www.hustlefund.vc

Time stamps:

(0:00) Elizabeth’s passion

(1:41) Jason discusses the Titan submersible tragedy and how money can lead to recklessness and toxic wealth

(13:40) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/TWIST

(14:59) Meta removes news content from Instagram and Facebook in Canada

(21:33) OpenPhone - Get 20% off your first six months at https://openphone.com/twist

(22:59) Elizabeth Yin of Hustle Fund at Angel Summit

(31:32) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist

(32:51) How to invest in startups

(50:17) Q&A with Angel Summit audience