This Week in Startups

Chime’s IPO, Databricks’ $1B Acquisition & Dave Rubin’s Media Empire | E2126

56 snips
May 15, 2025
Dave Rubin, a prominent political commentator and host of The Rubin Report, dives into the challenges and triumphs of building Locals, an independent creator platform. He shares insights on why he goes phone-free for weeks and the detrimental effects of identity politics on business and sports. The conversation also touches on the fast-evolving landscape of right-wing media and the need for mental health breaks. Rubin advocates for innovative subscription models in the entertainment sector, while exploring generational tensions amidst a polarized cultural landscape.
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ANECDOTE

Dave Rubin's Patreon Exit Story

  • Dave Rubin closed his Patreon live on stream by doing a shot for every 1,000 subscribers.
  • After 12 shots and 12,000 subscribers, he mistakenly exposed his personal email live on air.
INSIGHT

Chime's Strong IPO Position

  • Chime, a major US neobank, shows strong IPO potential with $2B+ annual revenue.
  • The company nearly breaks even and diversifies beyond transaction fees despite regulation risks.
INSIGHT

Going Public Boosts Awareness

  • Public IPO status boosts company legitimacy and broadens brand awareness.
  • People are more likely to try companies like Chime or Airbnb after their IPO.
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