This Week in Startups

Amazon’s Dave Clark joins Flexport, Bird layoffs, Twitter’s bring-your-own algo, Multiverse, Ken Griffin gets into crypto | E1479

Jun 9, 2022
Flexport welcomes Amazon's Dave Clark as CEO, signaling a major shift in logistics leadership. Bird announces significant layoffs, highlighting struggles in the micro-mobility sector. Twitter teases a bring-your-own algorithm feature, promising user customization. Multiverse introduces innovative apprenticeships as a viable alternative to college. Citadel steps into crypto, while discussions around regulatory changes in trading practices emerge. The hosts also share insights from appearances on prominent media platforms.
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INSIGHT

Learning from Layoffs

  • Analyze Bird layoffs to understand capital allocation and startup dynamics.
  • Learn from others' failures when allocating capital or running a business.
ANECDOTE

Flexport's New CEO

  • Ryan Peterson recruited Dave Clark, former Amazon Consumer CEO, to Flexport.
  • Clark will become Flexport's CEO after a six-month co-CEO period with Peterson.
ADVICE

Unit Economics Matter

  • Unit economics are crucial, especially in hardware and real-world operations.
  • Consider a bottom-up TAM analysis, focusing on specific use cases and limitations.
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