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This Week in Startups

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Jan 20, 2023 • 58min

$NFLX earnings, Reed Hastings steps down, Google's 6% RIF & Ok Boomer with Mike O'Brien | E1662

Molly and Jason tackle Netflix's stellar fourth-quarter earnings and the news that Reed Hastings is stepping down as CEO. (1:55) Plus, they delve into Google's announcement to lay off 6% of its workforce (17:00), and the former MySpace founders raised a $32M Seed round for their new gaming startup PLAI. (28:55) Lastly, Producer Rachel is back with another segment of Ok Boomer with Mike O'Brien! (36:47) (0:00) M+J kick off the show (1:55) Netflix earnings + Reed Hastings steps down as CEO (9:29) Crowdbotics - Get a free scoping session for your next big app idea at crowdbotics.com/twist (9:37) Netflix's future (17:00) Google to layoff 6% of their staff (23:37) Mixpanel - Apply for $50K in credits at https://mixpanel.com/startups (20:50) Will Apple do a RIF? (28:55) Former MySpace founders raise $32M for their new startup PLAI (33:53) This Week in Startups 90-second survey - Enter for a chance to win a $50 amazon gift card at www.thisweekinstartups.com/survey (35:19) House of Macadamias - Get 20% off at https://houseofmacadamias.com/twist by using code TWIST20 (36:47) Ok Boomer with Mike O'Brien Bloomberg Article: https://www.bloomberg.com/news/newsletters/2023-01-20/reed-hastings-retires-as-netflix-ceo-with-a-long-list-of-wins FOLLOW Mike: https://twitter.com/mikeobrienn FOLLOW Rachel: https://twitter.com/_rachelbraun FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood
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Jan 19, 2023 • 1h 1min

Quiet hiring, Semafor’s $10M SBF buyback + M3GAN and The Last of Us with Lon Harris | E1661

Molly and Jason kick off the show by discussing the concept of 'quiet hiring' (1:53) and the SEC's proposed rules making it easier for LPs to sue VCs (9:37). They also cover Semafor's buyback of Sam Bankman-Fried's $10M investment (20:50). And Lon Harris is back to discuss the new box office hit M3GAN (31:00) and the premiere of The Last of Us (45:45).  (0:00) Molly kicks off the show (1:53) Jargon Watch: What is “quiet hiring”? (8:29) Vanta - Get $1000 off your SOC 2 at https://vanta.com/twist (9:37) SEC proposes new rules making it easier for LPs to sue VCs (19:21) Supergut - Get 30% off with code TWIST at https://supergut.com (20:50) Semafor to buy back SBF’s $10M investment (29:44) Formulate - Get 25% off at formulate.co/twist (31:00) Blumhouse and Atomic Monster’s potential merger + M3GAN’s marketing campaign (45:45) The Last of Us Premiere + more on video game adaptations FOLLOW Lon: https://linktr.ee/lons FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood
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Jan 18, 2023 • 1h 29min

ANGEL: Brad Feld on investing through 3 economic cycles, CEO/investor dynamics, and more | E1660

(0:00) Jason Kicks off the show (2:49) Brad Feld, Co-founder of Foundry, talks about starting out in investing (13:30) LinkedIn Jobs - Post your first job for free at https://linkedin.com/angel  (14:56) Brad’s thesis for whom he’ll get in the “trenches” with (20:48) MasterClass - Get 15% off an annual membership at https://masterclass.com/startups (22:22) Fighting to the end + Investing through the dot-com bubble (38:13) Microsoft for Startups Founders Hub - Apply in 5 minutes, no funding required, sign up at http://aka.ms/thisweekinstartups (39:43) Surviving the GFC (44:23) Brad’s perspective on the investor/CEO dynamic + being a leader in a down market (1:00:02) Reflecting on the speculative asset bubble (1:16:44) Looking forward into 2023 FOLLOW Brad: https://linktr.ee/bfeld FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood
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Jan 17, 2023 • 1h 20min

Getty to sue Stability AI, $MSFT to incorporate OpenAI into Azure + new climate startups | E1659

First up, Molly and Jason cover a bunch of news happening in the world of AI, Getty Images is preparing to sue Stable Diffusion creator Stability AI (8:47), Meta is partnering with Shutterstock to train its AI models, and Microsoft CEO Satya Nadella announced the company will integrate OpenAI’s software into Azure - it’s cloud computing platform - and ALL it’s other products. (36:07) Then, we cover two new sustainability startups! Mill is a company started by former Nest co-founders making an automated compostability trash can. (55:12) And Sollum is building AI-enabled LED lighting solutions for indoor farming. (1:06:35) (0:00) M+J kick off the show. (2:47) Molly and Jason catch up after their long weekend (7:23) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/TWIST (8:47) Getty Images prepares a lawsuit against Stability AI (12:54) Data and data integrity (17:55) AgeTech Collaborative - Find out more and apply at https://agetechcollaborative.org/twist (19:30) The similarities between AI and the music industry (34:31) AgeTech Collaborative - Find out more and apply at https://agetechcollaborative.org/twist (36:07) Microsoft announces that they will integrate AI into all their products + more on round-tripping (49:50) Blockchain versus AI (55:12) SOTD: Mill (1:06:35) SOTD: Sollum Technologies FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood
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Jan 16, 2023 • 58min

Tim Cook’s $50M pay cut, CEO compensation packages & Acquire.com's CEO Andrew Gazdecki | E1658

Molly and Jason dive deep into the recent news of Tim Cook, the CEO of Apple, taking a $50 million pay cut. They discuss this move's implications and whether CEOs are worth their large compensation packages. (1:24) Andrew Gazdecki, CEO of Acquire.com, joins Jason for a fun interview discussing Acquire.com's rebrand and the acquisition marketplace. (24:47) (0:00) Molly kicks off the show (1:24) CEO of Apple, Tim Cook takes a $50M pay cut (11:51) LinkedIn Marketing - Get a $100 LinkedIn ad credit at https://linkedin.com/thisweekinstartups (13:21) Are CEOs worth their compensation packages? (23:18) Notion - Sign up for FREE at https://notion.com/jason (24:47) Andrew Gazdecki of Acquire.com joins Jason (40:45) Formulate - Get 25% off at formulate.co/twist (42:02) Serial sellers, Acquire.com’s growth and M&As FOLLOW Andrew: https://twitter.com/agazdecki FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood
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Jan 14, 2023 • 1h 25min

OpenAI’s endgame, DeepMind’s chatbot, United by Zero’s Lex Kiefhaber + OK Boomer | E1657

Molly and Jason kick off the show about social taboo topics and getting to the bottom of Covid-19.(2:22) Following the two discuss Molly attending Strictly VC, DeepMind’s new chatbot Sparrow and OpenAI’s end game. (15:43) Then Molly interviews LAUNCH Accelerator founder United by Zero CEO and Founder Lex Kiefhaber (52:34). Then we cap off the episode with another great edition of Ok Boomer featuring Juliet Meskers, co-founder and CEO of MOTH (1:08:45) (0:00) M+J kick off the show (2:22) Covid-19 and cultural taboo topics (10:32) Linode - Apply to Linode's Rise program for up to six figures in discounts at https://linode.com/twist (12:01) Getting to the bottom of Covid-19 (15:43) Molly attended Strictly VC to hear Sam Altman speak about AI (19:33) Crowdbotics - Get a free scoping session for your next big app idea at crowdbotics.com/twist (21:06) The difference between creating and packaging AI (28:42) DeepMind’s chatbot Sparrow + AI infringing on intellectual property (37:18) Acquire.com - Sign up for FREE at https://try.acquire.com/twist (38:49) What is OpenAI’s end game? (52:34) Molly interviews LAUNCH Accelerator founder United by Zero CEO and Founder Lex Kiefhaber (1:08:45) Ok Boomer featuring Juliet Meskers, co-founder and CEO of MOTH FOLLOW Lex: https://mobile.twitter.com/_united_by_zero FOLLOW Juliette: https://mobile.twitter.com/mothhealth FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood
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Jan 12, 2023 • 60min

Jay Trades and SBF's Substack + Award season and Netflix's content strategy with Lon Harris | E1656

Molly and Jason chop it up about Jason's latest Jay Trades: Apple, Amazon and Disney. (2:21) Then they briefly discuss SBF's new Substack. (14:42) To wrap up the show, Lon joins us for this week's edition of This Week in Streaming to talk about award season and Netflix's content strategy. (21:14) (0:00) M+J kick off the show (2:21) Jason explains why he placed a bet on Apple (8:12) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist (9:20) Molly and Jason discuss his two other Jay Trades, Amazon and Disney (14:42) SBF's Substack (19:42) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist (21:14) Lon joins to discuss award season with Molly and Jason (35:44) Fitbod - Get 25% off at https://fitbod.me/twist (37:17) Netflix's content strategy is like a “gourmet cheeseburger” (50:36) Award season continued FOLLOW Lon: https://linktr.ee/lons FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood
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Jan 11, 2023 • 1h 16min

Slack’s troubles inside Salesforce, crypto trader gets jail time, DoNotPay’s robo-lawyer | E1655

First up, J+M cover the problems at Slack and Salesforce (3:00), before breaking down the anti-competitive issues with bundling software to harm competitors. (13:34) Then, they talk about the comeuppance from "A-players" regarding the lack of efficiency in big tech (26:35), a 10-month jail sentence for crypto inside trading (39:52), and DoNotPay's AI-based robo-lawyer taking a case! (51:14) (0:00) J+M tee up today's topics! (3:00) Breaking down the recent rift between Slack and Salesforce (12:00) AgeTech Collaborative - Find out more and apply at https://agetechcollaborative.org/twist (13:34) Issues with bundling, did Salesforce overpay for Slack? (25:00) AgeTech Collaborative - Find out more and apply at https://agetechcollaborative.org/twist (26:35) Lack of efficiency as a lightning rod at big tech companies, management styles (38:22) Nutrisense - Use code TWIST and get $30 off at nutrisense.io/twist (39:52) The brother of a former Coinbase PM was sentenced to 10 months in prison for using tips from his brother to make $900K (51:14) DoNotPay's robo-lawyer will be used in a court case, OpenAI will pilot a paid version of ChatGPT (1:06:51) Jason ends with an emotional video from Ke Huy Quan's Golden Globes acceptance speech FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood Subscribe to our YouTube to watch all full episodes: https://www.youtube.com/channel/UCkkhmBWfS7pILYIk0izkc3A?sub_confirmation=1
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Jan 10, 2023 • 1h 35min

Coinbase cuts 20%, Microsoft to invest $10B into OpenAI & Ascend Elements CEO Mike O’Kronley | E1654

Molly and Jason discuss the news that Coinbase is doing another 20% RIF. (6:50) Then they discuss the announcement that Microsoft is investing $10B into OpenAI with some pretty favourable terms. (27:19) After, Molly and Jason chat about Make Sunsets’ plan to cool the planet and Enpal, a German solar panel company raising money at a $2.4B valuation. (46:56) Then we wrap with this year’s first edition of TWiCS featuring Mike O’Kronley, CEO of Ascend Elements. (1:00:56) (0:00) M+J kick off the show (2:10) Atmospheric rivers and the chaos in California (6:50) Coinbase does another 20% RIF (11:56) Vanta - Get $1000 off your SOC 2 at https://vanta.com/twist (13:03) The future of employment in tech (21:50) Mixpanel - Apply for $50K in credits at https://mixpanel.com/startups (23:16) The perfect amount of founders (27:19) Microsoft is invests $10B into OpenAI (32:46) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/TWIST (34:10) OpenAI going from a non-profit to a for-profit + What is roundtripping? (46:56) Make Sunsets raises $750K to do what?! (53:05) Enpal raises at a $2.4B valuation (1:00:56) TWiCS: Mike O’Kronley of Ascend Elements FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood
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Jan 10, 2023 • 1h 22min

"The weirdest economy ever," Noma shuts down, Jason demos ChatGPT's iOS app | E1653

Back from the weekend! First up, J+M catch up and cover a very strange economic situation. (2:07) Then, the duo covers NoMa, the world's most famous restaurant, shutting its doors due to an unsustainable business model (24:46), before going deep on generative AI news and demoing OpenAI's ChatGPT iOS app! (49:54) (0:00) J+M intro today's show! (2:07) Weekend catchup! Jason's chainsaw adventure (12:29) LinkedIn Jobs - Post your first job for free at https://linkedin.com/twist (14:04) Twitter view counts being a revealing engagement metric, Jeremy Renner's accident, "the weirdest economy ever" (23:17) House of Macadamias - Get 20% off at https://houseofmacadamias.com/twist by using code TWIST20 (24:46) Noma, the world's best restaurant, to shut down due to an unsustainable business model (37:43) Microsoft for Startups Founders Hub - Apply in 5 minutes, no funding required, sign up at http://aka.ms/thisweekinstartups (39:12) Massive wealth transfer upcoming and how that impacts the labor market, Kauffman Fellowship (49:54) OpenAI update: Microsoft reportedly integrating ChatGPT into Word and email, "derivative" AI tools, SOTD: XetHub, ChatGPT banned by NYC public schools (1:02:38) Jason demos ChatGPT's upcoming iOS app, which is currently in private TestFlight beta (1:11:12) Uber trademarks "Uber Air," eVTOL relationship with Joby Aviation, current chopper business FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood Subscribe to our YouTube to watch all full episodes: https://www.youtube.com/channel/UCkkhmBWfS7pILYIk0izkc3A?sub_confirmation=1

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