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This Week in Startups

PrayingForExits on the rush into defense tech, “innovator’s sprint,” & global VC markets | E1847

Nov 15, 2023
45:11
Snipd AI
Topics covered: Praying For Exits raising a fund, drawing inspiration from Steve Jobs' Think Differently campaign, defense tech becoming a hot market, questioning the Middle-East's relationship with the USA.
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Podcast summary created with Snipd AI

Quick takeaways

  • The shift in work culture and perception of work ethic due to a softening of the American capitalistic machine has created a divide between those who pursue capitalism as a lifestyle and those who are hungry and willing to do whatever it takes.
  • The Middle East, particularly countries like United Arab Emirates, Saudi Arabia, and Qatar, are making progress in terms of personal freedoms, economic diversification, and entrepreneurship, presenting an opportunity for entrepreneurs and capital allocators to tap into a growing ecosystem in the Middle East.

Deep dives

The Shift in American Capitalism and the Chasm Between Different Work Mentalities

There has been a softening of the American capitalistic machine, creating a divide between those who are hungry and willing to do whatever it takes and those who pursue capitalism as a lifestyle. This shift has brought about changes in work culture and the perception of work ethic.

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