NEWS: Instacart and Klaviyo file for IPO, State of VC distributions, AI lawsuits | E1798

Aug 29, 2023

This podcast discusses Instacart and Klaviyo's IPO filings, the exit market for LPs, and writers suing OpenAI and Meta. It also explores the impact of regulatory environment on acquisitions and IPOs, the state of the LP market and its impact on founders, Instacart's revenue and advertising model, the shift in entrepreneurship, and introduces Roots, a unique real estate investing platform. Lastly, it delves into Klaviyo, a marketing automation platform for businesses.

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Introduction

00:00 • 2min

The Impact of IPOs on the Exit Market

01:37 • 6min

Impact of Regulatory Environment on Acquisitions and IPOs, and a Sponsor Ad for Vanta

07:13 • 2min

The State of the LP Market and Its Impact on Founders

08:58 • 10min

Getting 'Prison Strong' and Anecdotes about Fitness

18:59 • 4min

Instacart's Revenue and Advertising Model

22:32 • 13min

Shift in Entrepreneurship and Introduction to Roots: A Unique Real Estate Investing Platform

35:59 • 2min

Klaviyo: A Marketing Automation Platform

38:04 • 22min

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Today’s show:

Jason breaks down the exit market for LPs (8:57), Instacart and Klaviyo’s IPOs (22:13), writers suing OpenAI and Meta (50:15), and more!

Time stamps:

(0:00) Producer Nick joins Jason

(2:27) The significance of Instacart and Klaviyo’s IPO filings

(5:41) The VC exit market

(7:50) Vanta - Get $1000 off your SOC 2 at https://vanta.com/twist

(8:57) The exit market for LPs and over-indexing in venture

(13:57) VC bloat and current state of the market

(20:39) Carta - Get 10% off your first SPV at https://carta.com/twist with promo code TWIST

(22:13) Breaking down Instacart’s S-1

(28:56) Ad dollars moving to new platforms and the importance of being close to the sale

(33:26) Instacart GTV tail off

(36:30) Roots - Head to investwithroots.com/TWIST to sign up and start investing today!

(38:03) Breaking down Klaviyo’s S-1

(44:09) Why it is crucial for founders to retain ownership early on

(50:15) Writers suing OpenAI; are broad-based LLMs trained on tons of data becoming a liability?

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