This Week in Startups

Reddit’s IPO, Consumer vs. Enterprise AI, and Sam Altman’s New Fund and more! | E1903

Feb 23, 2024

Jason Calacanis, a startup expert and media entrepreneur, joins venture capitalists Brian Rosenblatt from Craft Ventures and Michael Downing from MDSV Capital. They dive into Reddit’s journey to IPO, discussing its unique advertising strategies and revenue potential tied to its vibrant user communities. The trio also explores the intriguing differences between consumer and enterprise AI investments, reflecting on the rapid evolution within the sector. Plus, they chat about Sam Altman’s new fund and its implications for the AI landscape.

01:12:08

Creator website

Episode guests

Michael Downing

Brian Rosenblatt

Jason Calacanis

AI Summary

Highlights

AI Chapters

Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Reddit's growth as an advertising platform, overcoming brand safety challenges and focusing on user experience.

Importance of AI investments and trends in AI-focused funds, emphasizing technical expertise and value creation through data.

Analysis of Open AI corporate fund, benefits of corporate VCs, and strategic partnerships for sustainable growth.

Deep dives

Reddit's Growth Journey Towards Going Public

Reddit's growth from a small platform to a significant player in the advertising space was highlighted. Initial struggles with brand safety and education, transitioning to a user-friendly platform, and successful revenue growth were discussed. The platform's evolution, unique user communities, and the challenges of monetizing influential audiences were emphasized.

Evolution of AI Companies and the Application Layer

01:34

Unique Insights from Recent Investments

02:41

Making Strategic Investments Based on Unique Insight

01:26

Intro

2min

Reddit's Journey to IPO

6min

Exploring Reddit's Financial Landscape and Unique Communities

3min

Implications of Reddit's IPO and Advertising Strategies in a Tough Media Landscape

6min

Navigating the AI Investment Landscape

7min

Scaling Startups in the AI Era

11min

Navigating Venture Debt and Corporate Capital

4min

Navigating AI Investments

18min

Strategic Investments in Emerging Managers

14min

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Todays show:

David Weisburd hosts Bryan Rosenblatt, Michael Downing and Jason Calacanis to discuss Reddit’s IPO (1:19), Consumer vs. Enterprise AI (22:02), Sam Altman’s New Fund (38:18), and much more!

Timestamps:

(0:00) David Weisburd hosts Bryan Rosenblatt, Michael Downing and Jason Calacanis

(1:19) Discussion on Reddit’s IPO and potential as an advertising business

(9:28) Northwest Registered Agent - Get a 60% discount on your next LLC at - ⁠https://www.northwestregisteredagent.com/twist⁠⁠

(10:23) Reddit’s IPO and potential as an advertising business cont.

(16:44) AI Integration in traditional businesses

(20:56) DevSquad - Get an entire product team for the cost of one US developer plus 10% off at http://devsquad.com/twist

(22:02) Consumer vs. enterprise AI

(37:09) Miro - Sign up for a free account at https://miro.com/startups

(38:18) Sam Altman’s venture capital fund and the future of the AI ecosystem

(1:05:06) Rapid fire segment on recent investments

Mentioned on the show: