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This Week in Startups

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Mar 10, 2022 • 2h 10min

Love.com, Lessons from Bain Crypto launch + Redfin Founder & CEO Glenn Kelman | E1405

Jason and Molly discuss Ryan Breslow's new startup Love.com (2:03), Bain Capital Crypto’s new $550M fund announcement that backfired on Twitter (14:49).  Then, Redfin CEO Glenn Kelman join to discuss the current real estate market and how policies are are promoting a nation of renters (54:28). Plus, Glenn turns the tables on Jason and Molly to ask them a few questions. Show Notes: 00:00 Jason and Molly intro the show: Ryan Breslow news, Bain Capital Crypto’s unaware tweet, diversity in the workplace, Interview w/ Redfin CEO Glenn Kelman 02:03 Ryan Breslow’s new startup: Love.com 10:49 Fiverr - Sign up for https://Fiverr.com/Business free for the first year and save 10% on your purchase with promo code JASON 12:22 Psychedelic startups 14:49 Bain Capital Crypto posts unaware tweet on International Women’s Day 23:21 Notion - Go to https://Notion.so and use promo code TWIST to get $250 off its annual team plan 24:53 Diversity in the workplace and how to make forward progress 36:05 Marlow - Get 15% off your individual or team memberships at https://getmarlow.com/twist. 37:31 Taking a chance on unproven talent and open minded to blindspots 54:28 Catch up w/ Glenn Kelman, CEO of Redfin 01:07:40 Housing price increases are sustainable 01:32:00 Supply and demand in housing 01:49:20 Shift from urban living to the suburbs 02:02:00 Jason, Molly, and Glenn on flying 02:06:37 Goodbyes from the TWIST team Check out Redfin: https://www.redfin.com FOLLOW Glenn: https://twitter.com/glennkelman FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood
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Mar 9, 2022 • 1h 31min

Apple's new Mac + Cruise CEO Kyle Vogt, driverless service in SF, the Origin (zero-emission shared vehicle) | E1404

First Jason and Molly recap the Apple event, including the new Mac Studio release (1:53). Then they discuss Pony AI's $8.5B Series D (34:41). Next, Cruise CEO Kyle Vogt joins to discuss launching their driverless service in SF (46:40), their custom-built zero-emission shared vehicle the "Origin" (1:01:06), and self-driving maturity.   Show Notes: (00:00) Jason and Molly intro today’s topics: thoughts on new Apple products, interview with Kyle Vogt of Cruise (01:53) Jason and Molly talk about the Mac Studio (10:52) Indochino - Get $50 off any purchase of $399 or more by using code TWIST at checkout https://indochino.com (12:05) Big presentations aren’t needed for incremental changes (22:23) Vanta - Get $1,000 off automating your SOC 2 at https://vanta.com/twist (23:41) Guessing the next computer in the Mac lineage (25:40) More Apple products announced, and Apple TV for Friday MLB (33:33) Odoo - Get your first app free and a $1000 credit at https://odoo.com/twist (34:41) Startup of the day: Pony.ai (46:40) Jason interviews Kyle Vogt, CEO of Cruise (01:01:06) Carpooling with the Cruise Origin (01:07:45) Smoother rides and self-driving cars in different weather (01:19:05) Self-driving robo-taxis and sharing map data (01:27:00) What percent are we at for self-driving general accessibility? Check out Cruise: https://www.getcruise.com FOLLOW Kyle: https://twitter.com/kvogt FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood
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Mar 9, 2022 • 1h 14min

Doug Leone of Sequoia Capital: global growth, partnering with legendary companies and the evergreen fund | E1403

"Sequoia Capital is the greatest venture capital firm of all time. It's indisputable." - Jason  Jason chats with Sequoia's Doug Leone, a leader who shepherded the firm for four decades. They discuss great founders, governance, Sequoia's global expansion, mentoring the next generation of investors and more. (00:00) Jason intros today’s legendary interview w/ Doug Leone of Sequoia Capital (01:14) When Doug Leone got his start (11:00) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/TWIST (12:23) The impact selling secondary shares has on founders (15:43) “The founder’s job is to make the receptionist rich” (21:14) First Republic Bank - Discover what a long-term financial relationship can do for you. Visit https://firstrepublic.com/startup today to learn more. (22:15) Mentoring the next generation of investors (30:51) Linode - Apply to their Rise program for founder-led, early-stage startups and get 3 years of discounts at https://linode.com/twist. (31:58) Sometimes incredible companies make the founder (34:07) The greatest founders Doug has worked with (46:30) Providing companies with a running start, but not doing too much (53:10) Investing in China (57:15) Entrepreneurship in Europe (01:11:06) “Hope is not a plan. Let’s make a plan. Check out Sequoia: https://www.sequoiacap.com FOLLOW Doug Leone: https://www.linkedin.com/in/douglas-leone-a2714/ FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood
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Mar 8, 2022 • 1h 31min

Alumni Ventures charged by SEC + What Germany got wrong about nuclear power with Mark Nelson | E1402

Radiant Energy Fund Managing Director Mark Nelson joins the podcast to advocate for nuclear power and discuss the global trend of decreasing nuclear capacity. Topics include Germany's decision to abandon nuclear, the condition of aging nuclear reactors, what France got right with nuclear energy, and ways to get involved with This Week in Startups & Launch.
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Mar 6, 2022 • 58min

How much money is too much? (VC Sunday School) + Climate: Andrew Beebe of Obvious Ventures | E1401

Another Sunday double-header edition! First Jason leads a VC Sunday School session on how to react when companies try and skip steps and raise larger rounds (2:51). Plus, how Pegasus (or Alicorn) companies can end up being much better investments than traditional Unicorns. Then, for This Week in Climate Startups, Molly chats with Andrew Beebe of Obvious Ventures (18:47). You will learn: 1. Andrew's focus within climate tech (electric mobility, carbon and carbon markets) 2. How Andrew's first startup exit set him up to join the solar industry 3. How contrarian bets make careers 4. The key criteria for climate investments to be good venture bets 5. How Obvious Ventures puts its "world positive" mission into practice 6. The way carbon disclosure requirements will reshape industry 7. Why Andrew recommends reading Kim Stanley Robinson's "The Ministry for the Future" (00:00) Jason and Molly intro today’s show: VC Sunday School, TWiCS with Andrew Beebe (02:51) VCSS: companies raising big rounds before they’re ready (11:20) Coda - The All-in-one doc for teams, get a $1,000 credit at https://coda.io/twist (12:38) Pegasus (alicorn) companies: flying over rounds of funding (18:47) This Week in Climate Startups w/ Andrew Beebe of Obvious Ventures (23:02) Wealthfront - Get your first $5,000 managed for free, for life at https://wealthfront.com/TWIST (24:32) The first clean tech boom in the solar industry (33:21) Embroker - Get an extra 10% off insurance for your business at https://Embroker.com/twist (34:44) Obvious and Andrew Beebe’s investment thesis: “World Positive” (56:54) SaaS Syndicate, Open Scouting, Remote Demo Day, angel.university Check out Obvious Ventures: https://obvious.com FOLLOW Andrew: https://twitter.com/andrewbeebe FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood
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Mar 4, 2022 • 1h 55min

Google ends WFH, $SNOW earnings + Stillmark's Alyse Killeen Angel S6 E7 + Pallet CEO Kai Han | E1400

First Jason and Molly cover Google is bringing employees back to the office three times per week starting in early April (1:41), Snowflake dropping 15% after reporting strong earnings, Slack’s slowing growth within Salesforce. After the news, Molly sits down with Alyse Killeen of Stillmark to continue Season 6 of Angel: First-time funds (38:10). We wrap with Producer Rachel's interview with Kai Han of Pallet, which is building a platform for creators to curate job boards (1:11:50). 00:00 Jason and Molly intro today’s show, Google back in the office, the Jason and WeWork saga, Angel w/ Alyse Killeen, OKB w/ Kai Han 01:40 Google sends employees back to the office 14:43 Ourcrowd - Check out the deal of the week at https://ourcrowd.com/angel 15:53 Snowflake stock repricing, Slack's product velocity, managing a remote company 29:43 LinkedIn Jobs - Go to https://linkedIn.com/angel and post your first job for free. 31:16 Jason and WeWork, donate medical supplies to Ukraine at https://flexport.org/donate 36:44 Embroker - Get an extra 10% off insurance for your business at https://Embroker.com/twist 38:10 Angel S6: Alyse Killeen of Stillmark, a $30M Bitcoin Infrastructure fund 01:11:50 OK Boomer: Pallet CEO Kai Han Donate to Ukraine: https://www.flexport.org/donate Check out Stillmark: https://www.stillmark.com FOLLOW Alyse: https://twitter.com/alysekilleen FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood
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Mar 3, 2022 • 1h 6min

Cana CEO Matt Mahar on launching a "Replicator for beverages," turning a product into a platform, working with The Production Board and more | E1399

Cana is back on the podcast, previously David Friedberg teased the "molecular beverage printer" on E1365.  This time, we speak and to CEO Matt Mahar about pricing, their go-to-market plans, their cartridge subscription process, Cana's potential climate impact, current flavors and more!  Molly was the first outsider to tour their facility and she tried a whole bunch of beverages from the Cana One. (0:00) Jason and Molly tee up today’s topics: a deep dive on the just-launched Cana product! (1:30) Molly and Jason break down Molly’s site visit to the Cana facility and the taste tests (8:36) Bubble (9:57) Cana’s starting price point, cartridges, cost per drink, and more (19:34) Masterworks (21:06) Molly’s intros Cana CEO Matt Mahar, and they talk about the origins of the product, impact of the bottling industry, how the product works mechanically (31:39) Superside (32:53) Understanding non-obvious climate solutions, Cana product breakdown and pricing (40:03) Cana as a creator platform, big picture vision of what is possible (54:09) Cana’s economic impact on the bottling industry, Matt’s background, working with TPB Check out Cana: https://www.cana.com FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood
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Mar 3, 2022 • 48min

Apple pauses RU sales, Ford splits-off EVs + How Facebook killed Joe Speiser's $100M business | E1398

First, we talk about Apple pausing all sales in Russia and other actions they’re taking (1:47). Then, we cover Ford splitting its EV business off from its ICE business (15:57). Then, Joe Speiser from Hampton VC joins to talk about how being too reliant on Facebook killed his media company Little Things with an algorithm change (25:42). We wrap with a quick WLITF segment on humanoid robots (42:05). (00:00) Molly intros today’s topics: Tim Cook’s response to Russia, WeWork can’t read the room, Interview with Joe Speiser of LittleThings, We Live in the Future with Molly (01:47) Tim Cook and Apple’s response to Russia (05:40) WeWork’s new CEO says WeWork will not leave the Russia (14:41) Vanta - Get $1,000 off automating your SOC 2 at https://vanta.com/twist (15:57) Ford separating EV business from main ICE business (24:34) Odoo - Get your first app free and a $1000 credit at https://odoo.com/twist (25:42) How facebook’s algorithm change ruined Joe Speiser’s company (34:03) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist (35:22) The dangers of having your business rely on a platform (42:05) We Live in the Future: Sanctuary FOLLOW Joe: https://twitter.com/jspeiser Check out Hampton VC: https://www.hamptonvc.com/ FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood
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Mar 2, 2022 • 2h 22min

Tech takes action against Russia, Backbone's mobile gaming device + Joel Greenblatt from Gotham Capital | E1397

First Jason and Molly break down the reactions from big tech companies to the Russia / Ukraine conflict (2:22), then we showcase our Startup of the Day, Backbone which is innovating in mobile gaming (51:41). Then Jason does an amazing interview with investor Joel Greenblatt, where we discuss increasing public market participation, strategies for finding value, taxes and more (1:05:50). (00:00) Jason and Molly intro today’s DOUBLE episode, Ukraine, Tech companies and Russia sanctions, Startup of the day Backbone, Interview with investor Joel Greenblatt (02:22) What tech companies should do in response to Russia invading Ukraine (12:28) Gun.io - Get $250 off your first developer hire at https://Gun.io/twist! (13:50) Tech companies and Russia sanctions continued (21:27) OpenPhone - Get an extra 20% off any plan for your first 6 months at https://openphone.com/twist (22:51) Sanctions aren’t the perfect response because there isn’t one (30:17) Boast - Get your R&D tax credits without the hassle at https://boast.ai/twist (31:35) Apple needs to decide what to do in Russia (51:41) Startup of the day: Backbone (01:05:50) Jason interviews investor Joel Greenblatt (01:25:10) Joel talks about the long term effects of having so many young, new market participants (01:59:12) Joel’s thoughts on minimum taxes and tax loopholes More on Joel: https://www.gothamfunds.com/principals.aspx FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood
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Mar 1, 2022 • 1h 12min

Web 3 is Going Great with Molly White | E1396

First, Molly Wood quickly sums up crypto donations flowing to Ukraine (2:03). Then, Jason and Molly chat with Molly White, the creator of the website "Web 3 is Going Great." We discuss the problems she identified with Web 3, speculation vs. building, DAOs, decentralization and more (7:01). (00:00) Molly intros today’s episode, crypto in Ukraine, Jason and Molly interview guest Molly White (02:07) The ways crypto has been used to help Ukraine (07:01) Molly and Jason interview guest Molly White (10:32) Mercury - Banking built for startups. See more at https://mercury.com/twist (12:02) Molly White talks about her website, web3isgoinggreat.com (14:07) Molly White talks about newer technologies in web3 and their future (17:06) Grifting in web3 (18:35) What it takes to truly understand web3 (20:38) RealGoodFoods - Go to https://realgoodfoods.com and use code TWIST for $15 off! (22:06) Bitcoin toxicity, brigading, and wash trading (25:34) Melania chimes in (25:43) Categories of grift in NFT’s (30:47) Ourcrowd - Check out the deal of the week at https://ourcrowd.com/twist (32:03) Jason predicts NFT lawsuits in 2023 (33:06) Toxicity in the bitcoin cult (35:00) What are good uses for blockchains and the web3 shift (35:55) Jason’s defense of bitcoin (36:42) Molly White’s counter to Jason’s defense of bitcoin (38:17) Problems with energy consumption in bitcoin (40:22) Can bitcoin help store monetary value in authoritarian countries? (42:39) Are DAOs (decentralized autonomous organizations) a good idea? (48:27) Questions companies need to be able to answer in the life of their product (49:39) The downfall of Enron: “How does this company make money?” (52:16) The caveats of being ok with true decentralization (55:10) Doxxing in crypto (01:04:03) Brigading in crypto and social media Check out Web 3 is Going Great: https://www.web3isgoinggreat.com FOLLOW Molly: https://twitter.com/molly0xFFF FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood

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