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This Week in Startups

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Apr 26, 2022 • 1h 13min

Jack's Twitter take & employee reactions, Medical NFTs, Hopin's $200M founder secondary sale | E1444

All news. We break down, Jack chiming in on Twitter’s sale to Elon Musk and the employee reactions (2:21). Then, we talk about an NFT project where Doctor influencers on TikTok are selling access to medical advice (40:02). To wrap, we cover Hopin’s fundraising at a large valuation, its founder's $195M secondary sale and more (52:27). (00:00) Jason and Molly tee up today’s news stories (02:21) What did “Jack After Dark” have to say about Twitter deal? (14:56) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/TWIST (16:05) Jack feels Elon and Parag want Twitter to be maximally trusted and broadly inclusive (20:30) How are Twitter employees feeling about the Elon Twitter deal? (27:14) Embroker - Get an extra 10% off insurance for your business at https://Embroker.com/twist (28:29) Twitter has locked down any changes related to their platform to keep employees from “going rogue” (35:01) Vanta - Get $1,000 off automating your SOC 2 at https://vanta.com/twist (36:15) People do their best work with Elon (40:02) TikTok famous doctors are getting into NFT’s, and it’s a mess (52:27) Hopin: virtual event startup struggles, their founder cashed out to $195M FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood
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Apr 26, 2022 • 1h 9min

Twitter accepts Elon's buyout offer, EU's new algo rule, Pipedream Labs: Hyperloop for package delivery | E1443

First, we cover Twitter's Board accepting Elon Musk's take-private deal (1:41). Then, we cover a new EU social media regulation that will increase algorithm transparency called the Digital Services Act (41:34).  Our startup of the day is Pipedream Labs which is making a Hyperloop for package delivery (53:37). (00:00) Jason and Molly intro today’s big news stories (01:41) Elon Musk has acquired Twitter (10:58) Coda - The All-in-one doc for teams, get a $1,000 credit at https://coda.io/twist (12:14) Billionaires buying companies (23:15) Ourcrowd - Check out the deal of the week at https://ourcrowd.com/twist (24:22) Should Twitter expand its paid product? (27:00) Doing a little dunking… (33:30) Rocket - Go to http://getrocket.com/twist and use promo code TWIST for 20% off your first placement. (33:47) Elon’s back and forth with the Saudi’s (38:00) Bill Gates’ short position on Tesla (41:34) EU requiring tech companies to explain algorithms (53:05) We Live in the Future: Pipedream labs is building an underground delivery system (1:02:17) Thesyndicate.com/climate update FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood
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Apr 24, 2022 • 49min

VC School: Deal Memos + Sphere CEO Alex Wright-Gladstein (Climate) | E1442

First, in a VC Sunday School segment, Jason explains his approach to deal memos (01:42) and what parts of a memo are most important. Then, in a This Week in Climate Startups segment, Molly chats with Alex Wright-Gladstein of Sphere (17:06) about offering climate friendly retirement plan options (21:43), financial incentives and more.  (00:00) A teaser from today’s VCSS (01:42) VCSS: Deal Memos (10:06) iTrust Capital - Visit https://itrust.capital/twist to create your Crypto IRA today (11:13) Which parts of deal memos do people really read? (17:06) TWiCS w/Alex Wright-Gladstein of Sphere (20:22) Microacquire - Sell your business with no fees at https://try.microacquire.com/twist (21:43) What makes it hard to have climate friendly options? (30:44) Cyvatar - Get your first 2 months free at https://cyvatar.ai/twist (32:03) How does everybody get paid? FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood
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Apr 23, 2022 • 59min

Twitter funding secured, Boring Co. raises $675M, Amazon's $1B VC fund, Ackman's $400M loss + The Lunar Society: Dwarkesh Patel | E1441

First Jason and Molly do four rapid news stories: Elon securing funding for the Twitter buyout (03:20), Bill Ackman’s $430M loss on Netflix (11:48), The Boring Company's $675M raise (18:47), Amazon’s $1B Industrial Innovation fund (28:56). Then, Producer Rachel interviews Dwarkesh Patel of The Lunar Society Podcast (37:12), he's a recent computer science graduate and one of the 42 people Jeff Bezos follows on Twitter! (00:00) Jason and Molly intro today's show (03:20) Elon secures funding (09:59) Intercom - Get advanced Intercom features and Early Stage Academy at a 95% discount https://www.intercom.com/early-stage (11:24) A little more on Elon solving the bot problem (11:48) Ackman’s $430M loss (18:47) Boring Co’s $675M raise (23:17) Microsoft for Startups Hub - Apply in 5 minutes, no funding required, sign up at http://aka.ms/thisweekinstartups (24:35) The grand vision of The Boring Co. (28:56) Amazon’s $1B fund (32:51) Thorne - Personalized, scientific wellness. Go to https://Thorne.com/u/TWIST (34:15) Introducing the OK Boomer Segment (37:12) Dwarkesh Patel of The Lunar Society Podcast Check out The Lunar Society: https://www.dwarkeshpatel.com/ Follow Dwarkesh: https://twitter.com/dwarkesh_sp FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood
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Apr 22, 2022 • 1h 37min

TSLA earnings + Streaming: WeCrashed & Severance review, CNN+ demise, Netflix’s future | 1440

First, Jason and Molly cover Tesla’s strong Q1 and gems from the earnings call (2:22),  then Lon Harris joins (31:32) to discuss WeCrashed episode 7 (34:17), Severance episodes 1-3 (58:46), Netflix’s rough Q1 and quality drop off (1:13:35) and CNN+ shutting down (1:26:40). (00:00) Jason and Molly intro today’s news topics and their chat with Lon Harris (02:22) Tesla had a blowout quarter in Q1 earnings (14:12) Rocket - Go to http://getrocket.com/twist and use promo code TWIST for 20% off your first placement. (15:33) Thinking of ways Tesla’s robotaxis could work (21:37) LinkedIn - Post your first job for free at https://linkedIn.com/twist (22:52) The power of Optimus; OpenAI getting sentient? (29:06) iTrust Capital - Visit https://itrust.capital/twist to create your Crypto IRA today (31:32) Talking WeCrashed, Severance, Netflix, and CNN+ with Lon Harris (34:17) WeCrashed ep. 7 (SPOILERS) (58:46) Severance ep. 1-3 (SPOILERS) (1:13:35) Lon on Netflix dropping subscribers for first time since 2011 (1:26:40) Lon on Warner Bros Discovery shutting down CNN+ April 30th FOLLOW Lon: https://twitter.com/lons FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood
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Apr 21, 2022 • 1h 29min

Netflix earnings breakdown, Kushner’s $3B pitch deck, CNN+ on pause, Grubhub for sale | E1439

First, we break down Netflix's earnings and discuss where Netflix’s content strategy might have gone wrong (2:46). Then, Jason pitches Jared Kushner’s leaked PE firm fundraising deck (35:15). We wrap with a discussion of Warner Bros. Discovery possibly killing CNN+ (56:27) and Just Eat Takeaway announcing they are looking into selling Grubhub, 10 months after finalizing a $7B acquisition (1:13:21)! (00:00) Jason and Molly intro today’s news show (02:46) Netflix reported a drop in subscribers for the first time ever in their Q1 earnings report (13:54) OpenPhone - Get an extra 20% off any plan for your first 6 months at https://openphone.co/twist (15:14) Netflix vs. other streaming platforms (24:47) Coda - The All-in-one doc for teams, get a $1,000 credit at https://coda.io/twist (26:06) Does Netflix need to take more risks with content? (34:11) Odoo - Get your first app free and a $1000 credit at https://odoo.com/twist (35:15) Jared Kushner’s $3B VC pitch deck was leaked by The Intercept… it’s exactly what you might expect (56:27) Axios reports CNN+ is already in danger of being canned 3 weeks after launch (1:13:21) Just Eat Takeaway announced they’re looking to sell Grubhub after finalizing $7.3B acquisition of the company just 10 months ago (1:22:22) WeLove Adam Neumann (1:25:06) All In Summit 30 days away FOLLOW Jason: https://linktr.ee/calacanis  FOLLOW Molly: https://twitter.com/mollywood
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Apr 19, 2022 • 1h 11min

Jack's candid Twitter takes, FB invests in African internet, Regent's electric Seaglider, Better.com layoffs | E1438

First, Jack is getting candid about Twitter’s board dysfunction (2:14). Then, we cover Facebook’s internet infrastructure development projects in Africa (24:31) and Better.com's new round of layoffs (33:53). Our startup of the day is Regent, which is making a regional seaplane (46:51). We wrap with a discussion of Zendesk considering a sale (1:01:34) and Telsa's third act (1:04:57). (00:00) Jason and Molly intro today’s news (02:14) “Jack After Dark” Dorsey tweeting candidly about twitter’s board (13:20) Vanta - Get $1,000 off automating your SOC 2 at https://vanta.com/twist (14:33) What were Jack Dorsey’s plans? (23:13) Embroker - Get an extra 10% off insurance for your business at https://Embroker.com/twist (24:31) Developing countries increasingly reliant on Meta for internet access (32:39) Rocket - Go to http://getrocket.com/twist and use promo code TWIST for 20% off your first placement. (33:53) Better.com started another round of layoffs (46:51) Startup of the day: Regent (1:01:34) Zendesk working with M&A advisor Qatalyst Partners on a potential sales (1:04:57) TechCrunch earnings preview saying we may get a look into Pt. 3 of Tesla’s mission FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood
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Apr 19, 2022 • 1h

Q1 venture capital review, Twitter breaks, BeReal's new take on social & more | E1437

All-news show. First, we go over PitchBook’s Q1 Venture Monitor report where VC fundraising is high, but portfolio exits are down (3:08). Then, we discuss how the incoming CNN CEO Chris Licht and Chris Sacca are both taking a Twitter break (33:35), and touch on Alex Jones' InfoWars filing for bankruptcy (44:33). Our startup of the day is new social app BeReal (53:55). (00:00) Jason and Molly intro today’s news stories (03:08) PitchBook and the NVCA released Q1 2022 Venture Monitor, results are staggering (12:32) Notion - Get started for free at https://notion.com/thisweekinstartups (13:49) Q1 US VC funds raised combined $73.8B, more than half of 2021’s total of $131.5B (23:13) Microsoft for Startups Hub - Apply in 5 minutes, no funding required, sign up at http://aka.ms/thisweekinstartups (24:30) Investing in supercycles (32:23) Wealthfront - Get your first $5,000 managed for free, for life at https://wealthfront.com/TWIST (33:35) Twitter breaks (44:33) Alex Jones’ InfoWars filed for bankruptcy (53:55) Startup of the day: BeReal FOLLOW Jason: https://linktr.ee/calacanis FOLLLOW Molly: https://twitter.com/mollywood
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Apr 15, 2022 • 2h 1min

Twitter's takeover defense, Meta's AR project with The Verge's Alex Heath + Wordcab's Aleks Smechov + OK Boomer: Rachel Cantor | E1436

Friday variety show! First, The Verge’s Alex Heath joins to talk about two big stories he recently broke (2:32): Facebook’s plans for AR glasses and Twitter’s internal reaction to Elon’s takeover bid. Molly sits down with LAUNCH Accelerator founder Aleks Smechov whose company Wordcab specifically focuses on speech-to-text AI summaries (1:04:54). We wrap with an edition of OK Boomer where Producer Rachel talks to writer and marketer Rachel Cantor (1:18:51)! (00:00) Molly tees up today’s variety show (02:32) Alex Heath from The Verge joins to discuss the news he broke on Facebook/Meta’s further push into AR/VR (10:40) Coda - The All-in-one doc for teams, get a $1,000 credit at https://coda.io/twist (11:59) Mark Zuckerberg’s ego in the AR/VR race, CTRL-labs acquisition a cool move or a fool move? (22:17) Gun.io - Get $250 off your first developer hire at https://Gun.io/twist! (23:33) Magic Leap & where is Microsoft in AR/VR? (33:24) Microsoft for Startups Hub - Apply in 5 minutes, no funding required, sign up at http://aka.ms/thisweekinstartups (34:41) Will Google get more involved with AR/VR? (38:04) Twitter's all-hands and future prospects (1:04:54) Introducing Molly’s interview w/Wordcab’s founder & CEO Aleks Smechov (1:07:10) Molly’s interview w/Wordcab founder & CEO Aleks Smechov (1:18:51) Toss to OKB w/Rachel & Rachel Cantor of Tydo FOLLOW Alex: https://twitter.com/alexeheath FOLLOW Rachel: https://twitter.com/rachelcantor_ FOLLOW Aleks: https://www.linkedin.com/in/aleksandr-smechov/ Check out Wordcab: https://wordcab.com/ FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood
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Apr 14, 2022 • 1h 10min

Elon offers to take $TWTR private at $43B + Autonomous car drives away from police | E1435

All news show. First, Jason and Molly debrief after their Worldcoin interview (2:37). Next, they discuss Elon Musk's take-private offer for Twitter at $43B (08:50), the highlights from Elon's TED interview (15:33), and more (24:53). In a We Live in the Future segment, we react to a viral video of police pulling over self-driving Cruise car (58:38). (00:00) Jason and Molly intro today’s Elon/Twitter packed news day (02:37) Discussing Worldcoin and dictating narratives (08:50) Elon offers to purchase all outstanding shares of Twitter and take the company private, a deal worth $43B (14:01) LinkedIn Marketing - Get a $100 LinkedIn ad credit at https://linkedin.com/thisweekinstartups (15:33) Elon Musk speaks at TED on 4/14/22 about open-sourcing the Twitter algorithm (23:32) Indochino - Get $50 off any purchase of $399 or more by using code TWIST at checkout https://www.indochino.com (24:53) Elon on increasing the trust in Twitter as a public platform (32:42) OpenPhone - Get an extra 20% off any plan for your first 6 months at https://openphone.com/twist (34:04) Are Elon’s claims about Twitter credible? (58:38) WLITF: Vid of police pulling over self-driving Cruise car goes viral FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood

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