This Week in Startups Fireside chat with Jason Calacanis & Brad Gerstner hosted by Mubadala’s Ibrahim Ajami | E1746
4 snips
May 19, 2023 
Brad Gerstner, founder of Altimeter Capital, brings his contrarian insights on surviving economic downturns and the sacrifices founders make for exceptional products. Ibrahim Ajami, head of Mubadala Ventures, discusses how AI is revolutionizing the startup landscape. The duo emphasizes the importance of product quality and resilience in founders while adapting to changing market dynamics. They also touch on mentorship in venture capital, the emerging role of cloud computing, and the evolving work culture post-pandemic.
AI Snips
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Transcript
Episode notes
Downturn Survival for Founders
- Focus relentlessly on your product and customers, especially during down markets.
- Prioritize product velocity and small, builder-filled teams.
Travis Kalanick's Obsession with Detail
- Jason Calacanis recounts observing Travis Kalanick's obsession with Uber's product details, like the cab icon and tipping.
- He emphasizes that founders should have this level of obsession and be willing to sacrifice for their product.
Brad Gerstner's Letter to Mark Zuckerberg
- Brad Gerstner's open letter to Mark Zuckerberg advised Meta to refocus on its core business, double down on AI, and reduce Metaverse spending.
- This highlights the importance of mental flexibility and adapting to changing market conditions.