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This Week in Startups

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Sep 29, 2022 • 1h 19min

Meta's text-to-video tool, Zuck's grand plan, Vision Fund to cut staff 30% + $WBD lawsuit | E1573

J+M discuss Meta's new text-to-video tool and what the future of creativity might look like (2:59), then they break down Zuck's grand plan (14:49) before discussing what a recession might mean for startups (27:18) and SoftBank reportedly cutting 30% of its Vision Fund staff. (36:41) (0:00) J+M intro today's segments! (2:59) Meta announces text-to-video tool (13:33) OpenPhone - Get an extra 20% off any plan for your first 6 months at https://openphone.com/twist  (14:49) Breaking down Zuckerberg's grand plan (21:58) Meta freezes hiring, signals that we've entered a recession (25:52) LinkedIn Marketing -  Get a $100 LinkedIn ad credit at https://linkedin.com/thisweekinstartups (27:18) How a recession and big tech layoffs will impact startups (35:28) Odoo - Get your first app free and a $1000 credit at https://odoo.com/twist (36:41) SoftBank is reportedly planning to cut at least 30% of Vision Fund staff (41:29) Jason welcomes Lon Harris and the pair discuss HBO's House of the Dragon and its 10-year time jump (51:37) Warner Bros Discovery sued for allegedly misrepresenting HBO Max subscribers by 10M during the Discover / WarnerMedia merger (57:48) Favorite actors to watch doing anything, rockstars in today's world (1:03:03) CCP censors a popular film for its realistic depiction of rural life in China FOLLOW Lon: https://twitter.com/lons 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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Sep 28, 2022 • 56min

Apple allows in-app NFT purchases + Bitcoin's role during global macro headwinds | E1572

Sunny Madra and Vinny Lingham are BACK for another crypto roundtable! First up, a full breakdown of the current NFT space: Apple allowing in-app NFT purchases (1:35), best uses cases & platforms for distribution (15:07). Then, they discuss Bitcoin's role during global macroeconomic headwinds. (37:46) (0:00) J+M tee up today's crypto roundtable! (1:35) Apple allows in-app purchases of NFTs (13:33) TripActions - Go to https://tripactions.com/twist and get a $500 Amazon gift card after making your first travel booking OR paying off your first $1000 of liquid spend (15:07) NFT use cases, best platforms for minting and distributing NFTs seamlessly (26:19) WorkOS - Go to https://workos.com to learn how to make your app enterprise-ready. (27:49) NFT platforms adopting open standards to reach critical mass (31:38) Celsius reportedly plans to issue "IOU" tokens representing its debt (36:28) Spokn - Get 3 months free at https://getspokn.com/twist  (37:46) Global macro headwinds, Bitcoin's role in the monetary system going forward (53:18) Will we ever find out who Satoshi is? FOLLOW Sunny: https://twitter.com/sundeep FOLLOW Vinny: https://twitter.com/vinnylingham 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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Sep 28, 2022 • 1h 3min

Cathie Wood's new VC fund, Bill Gurley's best insights, Girls Who Code on banned books list | E1571

J+M break down Cathie Wood's new VC fund (1:53), Bill Gurley's best insights from his interview with McKinsey (26:13), and Girls Who Code making a banned books list in a Pennsylvania county (0:00) J+M tee up today's venture-heavy topics! (1:53) Cathie Wood's new VC fund: Ark Venture Fund (12:34) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist  (13:42) Opening up VC funds and early-stage investing for retail investors, signs of the start of a recession (24:46) Revelo - Get 20% off the first 3 months by mentioning TWIST at https://revelo.io/twist (26:13) Reacting to Bill Gurley's interview with McKinsey (33:51) FanDuel Sportsbook - Sign up with promo code TWIST to place a $1000 risk-free bet at https://sportsbook.fanduel.com (34:54) More on Gurley's insights: short memories in VC, accepting reality, startups raising too much money, layoffs (47:32) Girls Who Code made a banned books list in a Pennsylvania county 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 FanDuel Disclaimer: 21+ in select states. First online real money wager only. Refund issued as nonwithdrawable free bets that expires in 14 days. Restrictions apply. See terms at sportsbook.fanduel.com. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, MI, NJ, PA, IL, VA), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), 1-877-8-HOPENY or text HOPENY (467369) (NY), TN REDLINE 1-800-889-9789 (TN), 1-800-522-4700 (WY), or visit www.1800gambler.net (WV).
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Sep 26, 2022 • 1h 16min

British pound crashes, Do Kwon's red notice, NASA's DART mission, TikTok nears US deal | E1570

J+M break down the British pound dropping below $1.04 (5:15), Interpol issuing a red notice for Do Kwon (27:07), NASA's DART mission (53:52), and TikTok discussing an agreement with the Biden administration! (59:44) (0:00) J+M tee up today's topics! (2:48) Importance of focus, avoiding the news cycle in the grand scheme of things (5:15) British pound crashes to lowest level ever against the USD (13:15) Indochino - Get $50 off any purchase of $399 or more by using code TWIST at checkout https://www.indochino.com (14:38) Breaking housing and energy in the economy, income inequality's impact globally (25:34) Grammarly - Sign up for a free and get 20% Grammarly Premium at https://grammarly.com/TWIST (27:07) Interpol issues red notice for Do Kwon on behalf of South Korea (35:39) LinkedIn Jobs - Post your first job for free at https://linkedin.com/twist  (36:54) Do Kwon tweeting on the lamb, more theories around where he might head to (47:15) New decentralized crypto derivatives platform Nibiru raises a $7.5M seed at a $100M valuation (53:52) WLITF: NASA's DART mission and planetary defense (59:44) The Biden administration drafted a preliminary agreement with TikTok to try and resolve national security concerns 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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Sep 25, 2022 • 57min

Evaluating founder ambition, tools vs platforms + USV's Albert Wenger: post-capital world | E1569

First up, J+M discuss founder ambition and tools vs. platforms on VC Sunday School. (3:06) Then, USV's Albert Wenger joins to break down his firm's $162M climate fund, his book "The World After Capital", and more! (24:16) (0:00) J+M intro today's topics! (3:06) Evaluating founder ambition, tools vs. platforms (11:14) OpenPhone - Get an extra 20% off any plan for your first 6 months at https://openphone.com/twist  (12:48) How investors evaluate tools vs. platforms, and when/if something is "too hard" (19:50) J+M tee up today's TWiCS guest (22:50) SnackMagic - Get 10% cashback up to $1000 until October 15th with code HOLIDAY, and see more at snackmagic.com/twist (24:16) Molly welcomes USV Managing Partner Albert Wenger to discuss USV's $162M climate fund and the climate crisis investment opportunity (33:26) Coda - The All-in-one doc for teams, get a $1,000 credit at https://coda.io/twist (34:57) Albert discusses his book "The World After Capital", and the human attention problem FOLLOW Albert: https://twitter.com/albertwenger 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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Sep 24, 2022 • 1h 41min

Shopify CEO Tobi Lütke on navigating a downturn, innovating in compensation & more | E1568

Shopify CEO Tobi Lütke joins Jason for the third time to break down Shopify's wild ride over the past 2+ years (1:40), $SHOP's new compensation system (14:19), competing with Amazon (45:38), Shop Pay (56:25), and more! Then, Producer Rachel welcomes Jules Terpak back for another segment of OK Boomer! (1:15:58) (0:00) Jason intros today's segments! (1:40) Shopify CEO Tobi Lütke joins to break down Shopify's wild ride over the past 2+ years and the state of the e-commerce market post-COVID peaks (13:00) Spokn - Get 3 months free at https://getspokn.com/twist  (14:19) Dealing with stock price distractions during periods of volatility, innovating Shopify's compensation system (27:56) Masterworks - Skip the waitlist to invest in fine art using at https://Masterworks.io/twist (29:23) Tobi breaks down the ideation of Shopify's new "Flex Comp" system (38:53) Helpware - Go to https://helpware.com/TWIST to get $1000 off your first invoice (40:09) Laying off 10% of staff over the summer (45:38) Competing with Amazon, innovating in fulfillment (56:25) Shop Pay, BNPL, and remote work quirks (1:15:58) Producer Rachel welcomes Jules Terpak back for another OK Boomer segment covering Gen Z online life, the entertainment economy, social media backlash, "Sharenting" and more FOLLOW Tobi: https://twitter.com/tobi FOLLOW Jules: https://twitter.com/julesterpak 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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Sep 23, 2022 • 1h 30min

DAO breakdown with Orange DAO's Ben Huh + Amazon's $11B NFL deal with Lon Harris | E1567

(0:00) J+M tee up today's segments! (2:57) J+M intro Ben Huh and discuss his background and why he helped start Orange DAO (15:21) OpenPhone - Get an extra 20% off any plan for your first 6 months at https://openphone.com/twist  (16:51) Understanding how DAOs handle distributions, more DAO mechanics (26:06) Odoo - Get your first app free and a $1000 credit at https://odoo.com/twist (27:20) People taking advantage of business processes left up to interpretation, how blockchain helps solve this, standardizing DAOs (36:58) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist (38:22) Understanding trustworthiness, downside protections, will the US fall behind in crypto? (48:32) J+M welcome Lon Harris! (56:13) Amazon's $11B TNF deal (1:06:20) House of the Dragon doing huge numbers for HBO, Rings of Power (1:17:06) Andor, Disney+'s new Star Wars show (1:24:02) Disney losing goodwill with superfans, where to put the next Disney park Check out Orange DAO: https://www.orangedao.xyz Check out Origami: https://joinorigami.com FOLLOW Ben: https://twitter.com/benhuh FOLLOW Lon: https://twitter.com/lons FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood
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Sep 21, 2022 • 1h 9min

Mojo CEO Vinit Bharara on building a stock market to bet on athletes | E1566

On today's show, Mojo CEO and Co-Founder Vinit Bharara joins Jason to talk about his new stock market to bet on athletes, Mojo, which just launched in New Jersey. (1:39) Vinit breaks down the thesis (17:07), does a product demo (40:27), and explains how they raised $100M to build a stock market from scratch and provide instant liquidity! (0:00) Jason tees up today's interview! (1:39) Jason intros Vinit Bharara, who breaks down his past business ventures including Cafe.com, Diapers.com, working with his brother Preet! (13:05) Brave - Download today at https://brave.com/twist to browse faster, search privately and so much more (14:28) Managing Preet at Cafe.com (17:07) Vinit explains the thesis behind Mojo (24:40) Neo.Tax - Get $500 off R&D tax credit fees at https://neo.tax/twist  (26:02) Raising $100M from Thrive Capital, Tiger, and more (39:09) Spokn - Get 3 months free at https://getspokn.com/twist  (40:27) Vinit runs through a Mojo product demo (53:58) Building a team of handicappers and quants (1:00:56) Vinit and Jason share 9/11 stories
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Sep 20, 2022 • 53min

Nikola lawsuit updates, Rumble business breakdown + more SPAC updates | E1565

Tuesday SPAC-tacular! J+M cover the biggest on-goings in the world of SPACs, including: the latest in the trial of former Nikola CEO Trevor Milton (1:55), Chamath winding down $IPOD and $IPOF and returning money to investors (30:53), and a breakdown of Rumble's business after completing its SPAC! (42:55) (0:00) J+M tee up today's SPAC-tacular episode! (1:55) More chaos at Nikola, Jason reacts to TWiST interview reportedly being used in court (10:48) Vanta - Get $1000 off your SOC 2 at https://vanta.com/twist  (12:04) State of charges against former Nikola CEO Trevor Milton, lessons for founders to take away from this saga (23:18) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/TWIST (24:37) How Jason avoids founders pitching ahead of their skis (30:53) Chamath to wind down $IPOD and $IPOF (35:06) Revelo - Get 20% off the first 3 months by mentioning TWIST at https://revelo.io/twist (36:33) Jason's thoughts on the market and the state of SPACs, plus a JAY TRADE! (42:55) Rumble completes SPAC merger, J+M break down the 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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Sep 20, 2022 • 1h 14min

Monetizing BeReal, Bogus accounts by US Military, iPhone 14 camera bug, Twilio layoffs | E1564

Jason and Molly kick the week off by breaking down the team's favorite new social media app, BeReal, and its plans to add paid features (15:16). Then, they cover how platforms found fake accounts suspected of being run by the US military (31:12). After, they continue with more tech news, including Apple's iPhone 14 Pro bug (42:25) and Twilio's plans to make "anti-racist" layoffs (49:29). They end the show with a We Live in the Future segment, highlighting the startup TransPod (1:03:06). 0:00) J+M tee up today's segments!  (2:45) The hosts recap the weekend  (14:01) LinkedIn Jobs - Post your first job for free at https://linkedin.com/twist  (15:16) BeReal's plans to add paid features  (29:46) Notion - Sign up for free at https://notion.com/twist   (31:12) Platforms found fake accounts suspected of being run by the US military (40:59) Odoo - Get your first app free and a $1000 credit at https://odoo.com/twist (42:25) The iPhone 14 Pro camera has a camera bug  (49:29) Twilio's plans to make "anti-racist" layoffs (1:03:06) WLITF: TransPod's affordable ultra-high-speed transportation  FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood

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