This Week in Startups

Jesse Powell, Founder and CEO of Kraken, shares insights on the turbulent state of cryptocurrency and responds candidly to a recent NYT hit piece on him. He emphasizes the need for clear regulations and effective communication in the crypto space. Meanwhile, Alexander Olesen, Co-founder of Babylon Micro-Farms, discusses innovative indoor vertical farming solutions aimed at tackling food insecurity. They explore sustainability, workplace dynamics, and the future of food production, highlighting the adaptability of modern business models in the tech landscape.

Streaming media expert Lon Harris joins to discuss hot topics in entertainment. They dive into the latest twist in 'Obi-Wan Kenobi' and the lighter tones of 'Star Trek.' Harris analyzes Disney's costly loss of cricket streaming rights and Apple's new deal to stream MLS matches. The conversation heats up with Facebook's ambitious plan to mimic TikTok, revealing their struggle to remain relevant while facing competition. It's a thrilling exploration of the changing landscape of media and the strategies that big players are using to engage audiences.

The competition heats up as YouTube Shorts closes in on TikTok's user base, raising questions about data security. Twitch announces a new ad incentive for creators, shaking up compensation strategies. Meanwhile, the Federal Reserve implements its steepest interest rate hike in decades, impacting the economy and crypto market. The ongoing crypto contagion is discussed, focusing on warnings for retail investors. Finally, an amusing twist comes with speculations about China possibly discovering signs of alien life.

Coinbase's recent layoffs raise eyebrows as they cut 18% of their workforce amid a crypto market rollercoaster. The EU is gearing up for new crypto regulations, aiming for a safer financial landscape. In a surprising twist, Netflix is in talks with Roku to launch an ad-supported tier. Meanwhile, the Hallow prayer app, backed by Mark Wahlberg, raises funds to blend faith with technology. Lastly, Prey steps into the spotlight, offering laptop security solutions, humorously linked to a recent burglary saga.

A dramatic weekend saw the crypto market plummet by $200 billion, with Binance pausing Bitcoin withdrawals amid chaos. Meanwhile, a Google engineer raises eyebrows by claiming AI has achieved sentience. In lighter news, Amazon teases its upcoming drone delivery service, aiming to revolutionize logistics. Finally, the spotlight shines on Magic Spoon, a high-protein cereal brand making waves in the direct-to-consumer market. Tune in for a mix of serious insights and fun anecdotes from the hosts!

Ryan Shearman, CEO of Aether and climate tech angel investor, discusses revolutionary diamonds made from atmospheric carbon. He shares insights on the ethical benefits of lab-grown diamonds, appealing particularly to younger consumers. The conversation dives into the growing market acceptance of these gems and highlights their potential for driving climate action. Additionally, Shearman reflects on his personal journey into climate tech, spurred by the impacts of hurricanes, emphasizing the importance of creating a meaningful legacy.

Lon Harris, a writer and streaming expert, discusses the latest developments in the Obi-Wan Kenobi series while analyzing Disney's strategic maneuvers, including firing a key executive and vying for Indian cricket rights to boost their subscriber base. Capri Wheaton, founder of Dressd, explores the innovative realm of peer-to-peer clothing rentals, highlighting the environmental benefits and community-building aspects of her startup. The conversation weaves together insights on entertainment industry dynamics and the future of fashion.

Deirdre Bosa, a CNBC journalist renowned for her tech insights, discusses Twitter's compliance with Musk's data demands and Apple's ambitious move into the buy now, pay later space as it positions itself as a bank. She highlights the implications of these strategies amidst growing scrutiny on tech giants. Tarek Mansour, co-founder and CEO of Kalshi, dives into the world of prediction markets, exploring how they offer a regulated environment for forecasting economic events and the unique challenges they face in compliance and market integrity.

Flexport welcomes Amazon's Dave Clark as CEO, signaling a major shift in logistics leadership. Bird announces significant layoffs, highlighting struggles in the micro-mobility sector. Twitter teases a bring-your-own algorithm feature, promising user customization. Multiverse introduces innovative apprenticeships as a viable alternative to college. Citadel steps into crypto, while discussions around regulatory changes in trading practices emerge. The hosts also share insights from appearances on prominent media platforms.

BuzzFeed's shocking 41% stock drop raises alarms about its future and employee stability. Uber Eats is targeting GoldBelly, signaling fierce competition in food delivery. The EU mandates USB-C ports for devices by 2024, aiming to standardize charging and cut down on e-waste. The Startup of the Day features a sports media venture co-founded by Tom Brady, highlighting athlete-led initiatives. Lastly, groundbreaking 3D-printed ear transplants showcase the incredible potential of biotech innovations for medical advancements.