Are we just playing into Elon's game with Twitter? The Lessins and The Morins debate and take different sides on whether seed investing can survive. Plus, what's Ruth Porat really up to at Google?
Discussed:
Google’s Darkest Days: After Three Deaths, a Workforce Reckons with a Changed Company
The Power Law: Venture Capital and the Making of the New Future
Seed Investing Can't Turn Back On
Show Notes:
00:00 - The hosts discuss Elon Musk rebranding Twitter as 'X'. They argue that Elon is doing it mainly to stay in the news cycle and get attention. They joke about how Elon is just like any other internet user, changing DNS records and making mistakes.
06:29 - The hosts discuss Google. They talk about Google's AI strategy, the promotion of Ruth Porat to President, and mental health issues at Google. They debate whether Google has lost its way or is still well positioned.
13:44 - Sam explains his view that 'seed investing is dead'. He argues that the venture capital model has broken down and companies are overvalued and unable to make a profit. Dave and Sam discuss how they prefer investing in 'weird' areas.
20:18 - The hosts debate whether venture capital will fundamentally change or just become a less good business. They agree that while seed investing will still exist, the previous model is over.
