This Week in Startups

WeRide IPO, Polymarket + Perplexity, the Trump Bump and more! | E1992

34 snips
Aug 14, 2024
Dive into the evolution of startup costs, revealing how modern solutions have eased the burdens for entrepreneurs. Explore media's obsession with sensationalism, particularly regarding figures like Trump and how they reshape narratives. Discover the intriguing partnership between Polymarket and Perplexity as they navigate the betting landscape. Not to be missed is the impact of WeRide's upcoming IPO on the self-driving industry, along with critical perspectives on emerging technologies and societal shifts.
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INSIGHT

The Trump Bump

  • Media coverage of Donald Trump boosts ratings and engagement, creating a "Trump bump".
  • This incentivizes both positive and negative coverage, fueling an obsession with Trump in media.
ANECDOTE

Startup Costs Then and Now

  • Starting companies was expensive, requiring significant upfront investment in office space, staff, and infrastructure.
  • Services like Gusto have abstracted these costs, enabling founders to focus on product development.
ANECDOTE

Trump's Media Playbook

  • Elon Musk had a two-hour conversation with Donald Trump, which was widely discussed.
  • Jason Calacanis observed Trump's media playbook, honed from his time on The Howard Stern Show, which focuses on keeping audiences engaged with his unpredictable nature.
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