This Week in Startups

Uber profitable again, SBF guilty, Biden's AI EO + Motive's John Habeck | E1842

4 snips
Nov 8, 2023
John Habeck, the CEO and co-founder of Motive, dives into revolutionizing car dealerships with a platform likened to 'Shopify for Car Dealerships.' He discusses the hurdles traditional dealerships face in adapting to digital sales. The conversation also touches on the necessity for modern customer engagement and feedback processes. Additionally, they delve into the lessons from past entrepreneurial challenges and the importance of agility in the automotive tech landscape, offering invaluable insights for aspiring founders.
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INSIGHT

Uber's Profitability

  • Uber, once a poster child for aggressive growth and private funding, has achieved profitability.
  • This shift signals a move away from the "growth at all costs" mentality.
INSIGHT

SBF's Downfall

  • Sam Bankman-Fried (SBF), once hailed as a prodigy, faces jail time for stealing billions.
  • This marks the end of an era of unchecked crypto exuberance.
ADVICE

AI Regulation

  • Focus on regulating outcomes of AI, like crimes committed using it, rather than specific techniques.
  • The rapid pace of AI development makes regulating techniques ineffective.
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