This Week in Startups

TWiST News: Reddit Earnings, Apple Intelligence, and more AI money | E2041

Nov 8, 2024

01:30:23

Snipd AI

The hosts dive into Apple’s innovative on-device AI and its potential privacy pitfalls. They analyze Reddit’s impressive surge in user engagement and discuss Amazon's major investment interest in AI firm Anthropic. Conversations expand to touch on the critical importance of product velocity for SaaS growth, illustrated through Toast’s success story. The political landscape is also examined, focusing on how economic factors and inflation could sway voter sentiment in upcoming elections.

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Episode notes

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Quick takeaways

Apple's new AI feature raises significant privacy concerns among users, highlighting anxieties about data security in consumer technology.

Toast's impressive growth demonstrates the importance of enhancing product capabilities to build customer loyalty in the SaaS sector.

Reddit's surge in daily active users reflects a growing demand for authentic, community-driven content amidst rising misinformation on other platforms.

Deep dives

Satisfying Unboxing Experience

The episode begins with a discussion on the pleasurable experience of unboxing Apple products, specifically the Mac mini. The sounds produced during the opening reinforce the excitement associated with new Mac devices, with attention drawn to the designed air release sound and the protective film that contributes to the experience. This focus on unboxing highlights Apple's commitment to creating a unique and enjoyable customer experience, emphasizing the company's understanding of how sensory elements enhance product appeal. By creating a connection through these experiences, Apple fosters brand loyalty among its consumers.

Intro

1min

Tech Insights and Privacy Concerns

6min

Navigating Privacy Concerns in Apple's AI and Startup Financial Management

5min

AI, Privacy, and Consumer Trends

12min

Apple's Product Strategy and LinkedIn Ads

3min

Navigating the Evolution of Toast

10min

Strategic Advances and Compliance Solutions for Startups

2min

Reddit's Rise and User Engagement Strategies

24min

AI Links, Regulation, and Political Implications

15min

10.

Economic Changes and Political Dynamics

13min

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Todays show:

Alex Wilhelm joins Jason to discuss Apple’s on-device AI and its privacy implications, Reddit’s earnings, and Amazon’s multi-billion dollar investment interest in Anthropic with strategic chip conditions. They also discuss economic indicators like inflation’s impact on voter sentiment and what metrics will define success for the next administration. Finally, they explore how product velocity has been key to Toast’s SaaS success and share valuable lessons for startup growth.

Timestamps:

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

(3:29) Discussion Apple Intelligence and privacy concerns

(10:32) Runway - Sign up at https://www.runway.com/twist to get your first 3 months free.

(12:12) Trust in tech companies and privacy

(17:20) Trends on AI topics and ChatGPT

(17:20) Trends and tech product comparisons

(20:59) OpenAI's Chat.com acquisition

(22:45) Mac mini unboxing experience wrap-up

(24:40) LinkedIn Ads - Get a $100 LinkedIn ad credit at https://www.linkedin.com/thisweekinstartups⁠⁠

(26:12) Analysis of Toast's business and growth

(36:25) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist