This Week in Startups

Wiz passes on Google, Meta pushes open-source AI ahead, Spotify’s earnings, and more! | E1984

Jul 24, 2024

01:12:42

Snipd AI

Topics include Wiz-Google deal, Spotify's success, Universal Basic Income, Meta's AI plans. Delve into sales teams, compliance, pensions. Explore pensions, retirement strategies, UBI, cash payments impact, AI models, and open-source vs. closed-source software strategies.

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Cash payments impacted work hours, beneficial for low-income individuals.

UBI study highlights interest in entrepreneurship but fading positive effects over time.

Meta's llama 3.1 showcases open-source AI model competitiveness and shift in AI development landscape.

Deep dives

Effect of Cash Payments on Work Hours

Cash payments resulted in a slight decrease in work hours for those already putting in substantial hours, with an average decrease of 1.3 hours per week. Individuals earning below $28,000 annually benefited significantly from this additional income.

Intro

2min

Parenting, Politics, and Business Decisions

9min

Exploring Jet Cards, IPO Challenges, Capital Investment, and Public Company Dynamics

3min

Spotify's Financial Success and Future Expansion Plans

12min

Discussion on sales teams, compliance, company growth, and pensions for employee retention

2min

Exploring Pensions and Retirement Strategies

9min

Discussions on HR references, UBI, and a sponsorship for Eight Sleep's Pod4 Ultra mattress

2min

Cash Payments Study and Impact, Triggered Payouts, and Open-Source AI Model

17min

Discussion on open-source vs. closed-source strategies, praise for Brave browser, and humorous speculation about Zuck's vacation

2min

10.

Shifting Focus to AI Investments and Meta's Advancements

10min

11.

Upcoming Events and Advertising Sales Reflection

2min

12.

Ideas for Celebratory Events for Top Private Technology Companies

3min

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Todays show:

Alex Wilhelm joins Jason to discuss the end of the Wiz-Google deal (5:37), Spotify's performance (13:36), Universal Basic Income (UBI) (27:49), Meta's AI strategy (53:05), and more!

Timestamps:

(0:00) Jason and Alex kick off the show

(5:37) The end of the Wiz-Google deal

(12:24) AssemblyAI - Get 100 free hours to start building at https://www.assemblyai.com/twist

(13:36) Spotify's successful quarter

(21:41) Daniel Ek's strategy and Spotify's future risks

(26:57) Vanta - Get $1000 off your SOC 2 at ⁠https://www.vanta.com/twist⁠

(27:49) Universal basic income (UBI)

(38:05) Eight Sleep - Head to https://www.eightsleep.com/twist and use code TWIST to get $350 off the Pod 4 Ultra.

(39:34) Findings and implications from a recent UBI study backed by Sam Altman

(48:22) The efficiency and impact of welfare programs

(53:05) Meta's AI developments