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Today’s show:
First up, Jason does a full breakdown of what’s going on at Reddit, and why this is happening now (1:21). Then, Brad Gerstner joins to break down the state of the markets in 2023 (18:28), his “Time to Get Fit” letter to Meta (30:06), and more!
Brad’s fireside chat was recorded live at LAUNCH Angel Summit in Napa.
Follow Brad: https://twitter.com/altcap
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Time stamps:
(0:00) Jason tees up today’s segments!
(1:21) Breaking down the Reddit situation: Why 2000’s-era web companies relied on third-party apps built on their API
(3:10) Origin and current state of the Reddit revolt, CEO Steve Huffman’s AMA and comments
(10:27) Jason’s hot takes on how to solve the third-party app API pricing issue, Reddit’s IPO price, and more
(17:00) LinkedIn Jobs - Post your first job for free at https://linkedin.com/twist
(18:28) Brad Gerstner joins live from Angel Summit! Importance on non-consensus conviction, first-party research, how Brad first invested in Facebook
(29:00) Vanta - Get $1000 off your SOC 2 at https://vanta.com/twist
(30:06) Brad breaks down the greatness in Zuckerberg and Meta’s reaction to his “Time to Get Fit” letter
(34:08) Current state of the markets
(38:05) iConnections - Get 20% off iConnections Miami 2024 event at http://iconnections.io/twist
(39:48) Predicting what the AI innovation cycle will look like when compared to past cycles: pc, internet, mobile, cloud; why now is the most important time for AI investing
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Read LAUNCH Fund 4 Deal Memo: https://www.launch.co/four
Apply for Funding: https://www.launch.co/apply
Buy ANGEL: https://www.angelthebook.com
Great recent interviews: Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland, PrayingForExits, Jenny Lefcourt
Check out Jason’s suite of newsletters: https://substack.com/@calacanis
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Follow Jason:
Twitter: https://twitter.com/jason
Instagram: https://www.instagram.com/jason
LinkedIn: https://www.linkedin.com/in/jasoncalacanis
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This Week in Startups 
