The ideal state, and we are very close to doing this, I'll say as an industry, is closing the loop. There's a lot of ESG type requirements that exist now for public companies. They all have to be making steps to become more sustainable. And so that certainly transcends into EVs and EV batteries. Anywhere from 8 to 10% of everything they produce ends up in the scrap hopper.
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
FOLLOW Jason: https://linktr.ee/calacanis
FOLLOW Molly: https://twitter.com/mollywood