This Week in Startups

NEWS: Nvidia’s insane earnings beat, Arm’s IPO filing, and more! | E1797

Aug 24, 2023

01:26:21

Snipd AI

This podcast episode discusses Nvidia's strong earnings and revenue growth, the importance of setting up infrastructure for AI, and Arm's IPO filing. They also cover how founders should vet accelerators and the challenges of ownership and control in Arm China.

AI Summary

Highlights

AI Chapters

Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Accelerators curate the top 1% of startup ideas and offer a valuable service to founders by providing guidance, access to investors, and credibility.

Operating in Chinese markets poses risks for Arm Limited due to government control, potential IP theft, and the opaque operations of Arm China.

Founders should prioritize raising money from the best investors at a reasonable valuation instead of aiming for sky-high valuations that can lead to unwanted consequences.

Deep dives

The Role and Value of Accelerators

Accelerators exist to select and mentor promising startup companies, helping them sharpen their skills, network, and raise funds. They offer funding in exchange for a small equity stake in the company. Accelerators like Y Combinator and Launch Accelerator provide an opportunity for startups to receive guidance, access investors, and gain credibility. Some complain about the valuations, but it's important to understand that accelerators curate the top 1% of startup ideas and offer a valuable service to founders.

The Potential Rise of Nvidia's Market Cap

02:08

The importance of reasonable valuations and raising money from the best investors

04:48

Introduction

4min

Nvidia's Impressive Earnings and Revenue Growth

5min

Accelerating product development with Crowdbotics

4min

Advancements in Technology and Nvidia's Financials

11min

Increasing Earnings per Share, Open Phone Sponsorship, and Arm's Complexity

2min

The History and Potential of Arm

11min

Challenges in a Business and Introduction to Fitbot App

2min

Ownership and Control of Arm China

25min

Cash-outs by Prominent Founders in Tech Startups

22min

This Week in Startups is brought to you by…

Crowdbotics. Great ideas can change the world, and Crowdbotics is the fastest way to turn those ideas into code. Get a free scoping session for your next big app idea at crowdbotics.com/twist

OpenPhone. Create business phone numbers for you and your team that work through an app on your smartphone or desktop. TWiST listeners can get an extra 20% off any plan for your first 6 months at openphone.com/twist

Fitbod. Tired of doing the same workouts at the gym? Fitbod will build you personalized workouts that help you progress with every set. Get 25% off your subscription or try out the app for FREE when you sign up now at fitbod.me/TWIST.

Today’s show:

Jason breaks down Nvidia smashing its quarterly earnings (3:58), Arm filing its F-1 (26:38), how founders should vet accelerators (56:10), and more! (1:03:53)

Time stamps:

(0:00) Producer Nick joins Jason

(3:58) Nvidia obliterating their Q2 earnings

(8:33) Crowdbotics - Get a free scoping session for your next big app idea at crowdbotics.com/twist

(10:01) The earnings report’s effects on stock, induced traffic, and the “sell the news” strategy

(16:02) Breaking down the numbers and the market cap chart

(21:31) Overcorrection in big tech companies, the rolling recession, and Nvidia as a momentum stock

(25:07) OpenPhone - Get 20% off your first six months at https://openphone.com/twist

(26:38)Arm filing its F-1 and SoftBank’s deal with Vision Fund

(34:39) Arm’s business model and the risks of whale customers

(37:53) Fitbod - Get 25% off at https://fitbod.me/twist

(39:22) Arm China’s risk to Arm