This Week in Startups

Twitter funding secured, Boring Co. raises $675M, Amazon's $1B VC fund, Ackman's $400M loss + The Lunar Society: Dwarkesh Patel | E1441

Apr 23, 2022
Dwarkesh Patel, a recent computer science graduate and the host of The Lunar Society podcast, brings fresh insights on innovation and entrepreneurship. He discusses his unique journey into podcasting and the challenges of branding in media. The conversation dives into Elon Musk's ambitious Twitter bid, the significant financial gambles from Bill Ackman, and how The Boring Company's innovative tunneling projects are reshaping urban infrastructure. Patel also reflects on the impact of young podcasters in today’s media landscape.
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ANECDOTE

Climate Portfolio Launch

  • Jason Calacanis launched a climate portfolio with Launch House.
  • The first company is Eat Spring, which delivers groceries in reusable glass jars.
ADVICE

Twitter Buyout Funding Secured

  • Elon Musk secured funding for Twitter and might buy shares directly from shareholders.
  • Twitter's board faces a tough decision due to their fiduciary duty.
INSIGHT

Ackman's Netflix Rage Quit

  • Bill Ackman sold his Netflix stake at a $430 million loss after three months.
  • His emotional exit suggests potential dissatisfaction with Netflix management.
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