This Week in Startups

EV Truck Startup Nikola Runs Out of Juice | E2087

23 snips
Feb 20, 2025
The podcast dives into Nikola's downfall as it files for Chapter 11, showcasing the challenges in the EV sector. The hosts discuss the lessons founders can learn from such failures. They also explore Superhuman's new AI email features, aiming to enhance productivity. A spotlight is cast on the Thinking Machines Lab by ex-OpenAI talent, revealing internal conflicts and the importance of retaining top developers. Plus, there’s a quirky take on innovative poker rules and the storytelling magic that can sway investors.
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INSIGHT

Manufacturing Challenges

  • Scaling manufacturing is incredibly challenging, as evidenced by Elon Musk's struggles with the Model 3.
  • Anyone can make a small number of cars, but producing thousands weekly presents significant hurdles.
INSIGHT

Delusional Founders

  • There's a difference between delusional and incompetent founders versus delusional and competent founders.
  • Competent delusional founders can change the world, even if they burn money along the way.
ADVICE

Securities Fraud

  • Understand securities fraud: making a false claim that leads to stock purchases is a serious offense.
  • Frame predictions as predictions, and ensure factual accuracy when pitching to investors.
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