Decoder with Nilay Patel Recode Decode: Jason Calacanis
Mar 2, 2020
Jason Calacanis, CEO and co-founder of Inside, and host of This Week in Startups, shares his insights on the tech landscape. He discusses Uber’s struggles post-IPO and suggests a tech giant should buy Tesla. Calacanis critiques tech journalism and argues for a ban on TikTok despite a potential American spin-off. He also expresses concerns about billionaire accountability and calls for compassion within capitalism, emphasizing the need for empathy in the growing influence of tech firms.
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Private vs. Public
- Staying private longer allows companies to avoid market scrutiny and education.
- This can lead to rapid growth but also creates a disconnect with public market expectations.
Uber's Path
- Jason Calacanis was an early investor in Uber and has watched its growth.
- He discusses the trend of companies staying private longer, delaying IPOs, and accepting "funny money."
Uber's Future
- Uber will likely shift its focus from growth to profitability.
- This means slower growth but greater stability and avoidance of issues like WeWork's.