This Week in Startups Do Kwon Guilty, Powell Pivot & OpenAI’s $12B Run Rate | E2168
Today’s show:
Terra’s collapse, Powell’s pivot, and OpenAI’s explosive growth all collide in this TWiST deep dive.
Do Kwon has pled guilty after Terra/Luna’s $60B implosion, Fed Chair Powell hints at a September rate cut, and OpenAI has officially crossed $1B in monthly revenue (on a $12B run rate). Jason and Alex unpack what this means for founders, LPs, and the next wave of AI + crypto.
They also cover Canva’s $42B comeback, Anthropic’s doubled $10B fundraise, and the brewing battle between Figma & Canva.
Plus: Uber, Nuro & Lucid’s $6B robotaxi push — and why drivers are already protesting in Wuhan & Boston.
#Startups #Crypto #AI #VentureCapital #OpenAI #Anthropic #Canva #Figma #ThisWeekInStartups
Timestamps:
(0:00) INTRO
(01:15) Fed rate cut signals & market reaction
(05:36) Jason’s $400K in new fund bets
(10:25) Miro - Help your teams get great done with Miro. Check out miro.com to find out how!
(11:30) Show Continues…
(16:22) Do Kwon & the Terra/Luna collapse
(20:22) Bolt - Don’t be left behind. Build apps quickly without knowing how to code with Bolt.new. Try it free at https://www.bolt.new/twist.
(21:23) Show Continues…
(29:43) Alphasense - Get deeper insights into your business with the power of AI search and market intelligence. Start with a free trial at https://www.alpha-sense.com/twist
(30:55) Show Continues…
(36:14) OpenAI’s $1B/month revenue run rate
(42:13) Anthropic’s $10B round & AI market sizing
(51:31) Canva’s $42B valuation & Figma comparison
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Thank you to our partners:
(10:25) Miro - Help your teams get great done with Miro. Check out miro.com to find out how!
(20:22) Bolt - Don’t be left behind. Build apps quickly without knowing how to code with Bolt.new. Try it free at https://www.bolt.new/twist.
(29:43) Alphasense - Get deeper insights into your business with the power of AI search and market intelligence. Start with a free trial at https://www.alpha-sense.com/twist
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