This Week in Startups

AI on the blockchain, Waymo's rise, and the truth about tech layoffs | E1996

Aug 22, 2024
Discover the intriguing intersection of AI and blockchain, highlighted by an $80 million investment aimed at revolutionizing intellectual property. Dive into Waymo's remarkable growth, achieving over 100,000 paid rides weekly, reshaping the autonomous vehicle landscape. Get the inside scoop on tech layoffs and their hidden implications, as well as the ethical dilemmas surrounding the impact of automation and potential taxation initiatives. This engaging conversation navigates the thrilling yet challenging world of tech innovation.
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ANECDOTE

Breslow vs. YC

  • Bolt's CEO, Ryan Breslow, publicly accused Y Combinator and other prominent figures of being a mafia.
  • He claimed they were trying to sabotage Bolt, a one-click checkout startup competing with Fast and Amazon.
ADVICE

Founder Loans

  • Avoid large loans to founders, as they create distractions and conflicts.
  • De-risking founders with smaller amounts for essential needs can be acceptable.
INSIGHT

Bluster and BS

  • Many people refuse to admit mistakes, preferring bluster and BS.
  • This behavior, possibly influenced by the political climate, isn't always effective.
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