"All of this is climate adaptation in progress, like dim process. And it's technology figuring out how to, like, you know, at fireworks," he says. "I'm drinking bulico with aiistraw like a maniac, shipping a volico bottle on the playa dressed like a maniac playingin the blan runner esper edition." 'You're subjecting yourself to the harshest climate in the world,' writes CNN iReporter David Bianculli. "'It looks like tattoeen' -- when they dust storm, it whites out,'" she adds.
First up, Jason explains his DTC investment thesis (3:00), before he and Molly give some insight into the Bay Area heat wave (13:41). Then, Jason and Molly dive deep on reporting that instant delivery startup Jokr might be raising a new round with unusual liquidation preferences (25:50), then Jason breaks down what liquidation preferences are with some spreadsheets. To wrap, J+M cover a witness in the Elizabeth Holmes trial going rogue! (53:27)
(0:00) J+M tee up today's topics
(3:00) Holiday weekend catch up + Jason explains his DTC investment thesis
(12:15) Notion - Sign up for FREE at https://notion.com/twist
(13:41) Bay Area heat wave, Burning Man recap
(24:31) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/TWIST
(25:50) Jokr look to raise between $35M-$50M from existing investors, why they have closed operations in the US, how immigration and labor plays into Jokr's decision
(33:43) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist
(35:01) Breaking down liquidation preferences and why Jokr investors are looking for an unusually large liq pref in its upcoming round
(53:27) A witness in the Elizabeth Holmes case has gone rogue!
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