This Week in Startups

Jason Calacanis
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Dec 8, 2023 • 56min

Kevin O'Connor on backing visionaries, the future of VC, internet history and more | E1861

This Week in Startups is brought to you by… Northwest Registered Agent. When starting your business, it's important to use a service that will actually help you. Northwest Registered Agent is that service. They'll form your company fast, give you the documents you need to open a business bank account, and even provide you with mail scanning and a business address to keep your personal privacy intact. Visit http://www.northwestregisteredagent.com/twist to get a 60% discount on your next LLC. Vanta. Compliance and security shouldn't be a deal-breaker for startups to win new business. Vanta makes it easy for companies to get a SOC 2 report fast. TWiST listeners can get $1,000 off for a limited time at https://www.vanta.com/twist DevSquad. Most dev agencies only offer developers. Why? Because product management is hard. Get an entire product team for the cost of one US developer plus 10% off at http://www.devsquad.com/twist * Today’s show: ScOp’s Kevin O’Connor joins Jason (1:39), exploring the early days of the internet, its initial promise, rapid growth, and the recent pivotal changes brought on by AI (1:39). They also discuss tactics for building in a declining market, the emergence of “death-icorns” (19:30), what he looks for in founders (39:18), and much more! * Timestamps: (0:00) Jason welcomes Kevin O’Connor of ScOp Venture Capital. (1:39) Exploring the early days of the internet, its initial promise, rapid growth, and the recent pivotal changes brought by AI. (5:55) Discussing the impact and future prospects of AI as we approach 2024. (8:41) Delving into the potential influence of AI on sectors like Hollywood and the music industry. (10:03) Northwest Registered Agent - Get a 60% discount on your next LLC at http://www.northwestregisteredagent.com/twist (11:11) Transitioning from founding companies to establishing a fund and supporting new startups. (15:25) Examining the evolution of founding a company, market dynamics, and fluctuating trends since the 1990s. (18:22) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist (19:30) Tactics for building in a declining market, the emergence of “death-icorns,” and the pitfalls of debt-financed growth in unprofitable businesses. (27:57) The pendulum swings back after “the great reshuffling of America” and the phenomenon of over-employment. (29:53) DevSquad - Get an entire product team for the cost of one US developer plus 10% off at http://devsquad.com/twist (33:13) Identifying unique opportunities in AI investments. (36:50) Recounting a near acquisition of Kevin’s company Graphiq by Apple for Siri integration. (39:18) What Kevin currently seeks in entrepreneurs before making an investment. (47:35) Discussing current valuation trends and the competitive nature of losing deals in venture capital. * Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Check out ScOp Venture Capital: https://www.scopvc.com * Follow Kevin: X: https://twitter.com/kjpoconnor LinkedIn: https://www.linkedin.com/in/kevinoconnorsb Follow Jason: X: https://twitter.com/jason Instagram: https://www.instagram.com/jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Thanks to our partners: (10:03) Northwest Registered Agent - Get a 60% discount on your next LLC at http://www.northwestregisteredagent.com/twist (18:22) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist (29:53) DevSquad - Get an entire product team for the cost of one US developer plus 10% off at http://www.devsquad.com/twist * Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Substack: https://twistartups.substack.com Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin * Subscribe to the Founder University Podcast: https://www.founder.university/podcast
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Dec 7, 2023 • 24min

How to pay yourself as a startup founder | Startup Finance Basics w/ Kruze's Scott Orn | E1860

Jason chats with Scott Orn about founder salaries, discussing the trade-offs of starting a company, the importance of board-approved salaries, and equity. They also address gender disparities in founder salaries, managing personal expenses, and investor expectations. * (0:00) Scott Orn joins to discuss founder salaries (2:25) Trade-offs of starting a company and how salaries increase with funding (4:41) Role of builder founders and dangers of underpaying oneself (8:05) Transitioning into entrepreneurship and managing side hustles (10:03) Importance of board-approved founder salaries and discussing equity (13:05) Gender disparities in founder salaries and efforts to close the gap (15:52) Managing personal expenses and company accounts (17:05) Leading by example and salary distribution within a company (20:26) Investor expectations and high-value employees earning more than founders * Check out Kruze: ⁠https://kruzeconsulting.com⁠ Follow Scott: https://twitter.com/scottorn * Follow Jason: X: https://twitter.com/jason Instagram: https://www.instagram.com/jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Substack: https://twistartups.substack.com Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin * Subscribe to the Founder University Podcast: https://www.founder.university/podcast
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Dec 7, 2023 • 43min

Earth Reimagined: Crafting a planet-scale digital twin with Blackshark.AI's Michael Putz | E1859

This Week in Startups is brought to you by… Arising Ventures is a holding company that acquires tech startups facing setbacks. Arising Ventures knows what founders care about because they aren’t bankers, they are tech founders themselves! Go to ⁠http://arisingventures.com/TWIST Masterworks. The first company allowing investors exposure into the blue-chip artwork asset class. TWIST listeners can skip the waitlist by going to ⁠https://masterworks.com/twist⁠ and using promo code TWIST. LinkedIn Marketing. To redeem a $100 LinkedIn ad credit and launch your first campaign, go to http:/www.linkedin.com/thisweekinstartups Today’s show: Blackshark.ai CEO Michael Putz joins Jason to discuss the necessity and vision behind creating a digital twin of our planet (3:22), why In-Q-Tel, the CIA’s venture arm, chose to invest in Blackshark.ai (14:59), the story and inspiration behind the name of Blackshark's new product, Orca Hunter (30:25), and much more! * TIMESTAMPS (0:00) Jason welcomes Michael Putz, CEO of Blackshark.ai. (2:40) What are the lessons learned in video game creation that inform creating a startup? (3:22) The necessity and vision behind creating a digital twin of our planet (8:24) Unraveling Blackshark's programming methods and learning algorithms. (11:04) Arising Ventures - head to http://www.arisingventures.com/TWIST to learn more and connect with the team (12:01) The modern approach to data training and insights from developing Microsoft’s Flight Simulator. (14:59) Discussing why In-Q-Tel, the CIA’s venture arm, chose to invest in Blackshark.ai. (15:41) A live demonstration of Blackshark's innovative new product, Orca Huntr. (22:16) Masterworks - Skip the waitlist to invest in fine art at https://www.masterworks.com/twist (27:16) Planet Labs and the amazing cadence of updated satellite imagery. (30:25) The story and inspiration behind the name of Blackshark's new product, Orca Hunter. (31:48) LinkedIn Marketing ****- Get a $100 LinkedIn ad credit at https://www.linkedin.com/thisweekinstartups (34:37) Delving into the Austrian perspective on the in-office versus remote work debate. (36:53) Exploring how Blackshark’s team leverages AI for increased efficiency and effectiveness. * Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Check out Blackshark.ai: https://blackshark.ai * Follow Michael: X: https://twitter.com/blacksharkai LinkedIn: https://at.linkedin.com/in/michaelputz Follow Jason: X: https://twitter.com/jason Instagram: https://www.instagram.com/jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Thanks to our partners: (11:04) Arising Ventures - head to http://www.arisingventures.com/TWIST to learn more and connect with the team (22:16) Masterworks - Skip the waitlist to invest in fine art at https://www.masterworks.com/twist (31:48) LinkedIn Marketing -  Get a $100 LinkedIn ad credit at https://www.linkedin.com/thisweekinstartups Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Substack: https://twistartups.substack.com Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin * Subscribe to the Founder University Podcast: https://www.founder.university/podcast
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Dec 5, 2023 • 1h 16min

Genomes Unlocked: Anne Wojcicki's Vision for 23andMe and the Future of Proactive Healthcare | E1858

This Week in Startups is brought to you by… CLA - Get started with CLA's CPAs, consultants, and wealth advisors now at https://www.claconnect.com/tech House of Macadamias - Get a free month's supply of Macadamia Milk with any order at https://www.houseofmacadamias.com/twist by using code TWIST20! .Tech Domains - Apply to get your startup featured on This Week in Startups at https://www.startups.tech/jason Today’s show: 23andMe's Anne Wojcicki joins Jason for a deep dive on genome testing and healthcare. They cover the dramatic reduction in genome sequencing costs from billions to just $99 (3:15), the role of blood testing and sequencing in shaping 23andMe's health approach (27:02), the curious case of the venomous Gila monster (42:09), and much more! * Timestamps: (0:00) Anne Wojcicki of 23andMe joins Jason for an insightful discussion. (1:28) Exploring the impact of 23andMe and the trend of genome sequencing for proactive health management. (3:15) Tracing the dramatic reduction in genome sequencing costs from billions to just $99. (10:58) CLA - Get started with CLA's CPAs, consultants, and wealth advisors now at https://www.claconnect.com/tech (12:24) Discussing a pivotal moment in advancing our understanding of health and genetics. (18:41) Strategies for integrating new health initiatives in the U.S. and international healthcare systems. (22:26) House of Macadamias is the next big health trend! Get a free month's supply of Macadamia Milk with any order at https://www.houseofmacadamias.com/twist by using code TWIST20! (23:54) Addressing the need for a paradigm shift in healthcare policies and incentive structures. (27:02) The role of blood testing and exome sequencing in shaping 23andMe's comprehensive health approach. (30:45) Embracing a holistic perspective in personal health and wellness. (32:57) .Tech Domains has a new program called startups.tech, where you can get your startup featured on This Week in Startups. Go to http://www.startups.tech/jason to find out how! (34:02) Emphasizing the significance of regular blood tests for health monitoring. (41:55) A lesson in healthcare for everyone and the curious case of the venomous Gila monster. (48:59) Connecting the dots between modern healthcare, science, and technology: A real-life 'choose-your-own-adventure'. (52:39) Exploring the benefits of Lemonaid Health's acquisition by 23andMe. (58:32) Anne Wojcicki reflects on her 17-year journey in the field and shares her vision for the future of health and genetics. * Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Check out 23andMe: https://www.23andme.com * Follow Anne: X: https://twitter.com/annewoj23 LinkedIn: https://www.linkedin.com/in/annewojcicki Follow Jason: X: https://twitter.com/jason Instagram: https://www.instagram.com/jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Thanks to our partners: (10:58) CLA - Get started with CLA's CPAs, consultants, and wealth advisors now at https://www.claconnect.com/tech (22:26) House of Macadamias is the next big health trend! Get a free month's supply of Macadamia Milk with any order at https://www.houseofmacadamias.com/twist by using code TWIST20! (32:57) .Tech Domains has a new program called startups.tech, where you can get your startup featured on This Week in Startups. Go to http://www.startups.tech/jason to find out how! * Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Substack: https://twistartups.substack.com Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin * Subscribe to the Founder University Podcast: https://www.founder.university/podcast
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Dec 5, 2023 • 56min

AI demos: Figma’s FigJam, AI drawing, dancing avatars, and more! | E1857

This Week in Startups is brought to you by… Squarespace. Turn your idea into a new website! Go to Squarespace.com/TWIST for a free trial. When you’re ready to launch, use offer code TWIST to save 10% off your first purchase of a website or domain. Brave. If you’re building AI and search-based applications, train your models with the Brave Search API. Get started for free at brave.com/jason Lemon.io - Hire pre-vetted remote developers, get 15% off your first 4 weeks of developer time at https://Lemon.io/twist Today’s show: Sunny Madra joins Jason to demo Figma FigJam (2:08), a product that generates images from real-time drawing (31:05), and more while discussing the implications of IP theft writ large. * Timestamps: (0:00) Sunny Madra joins Jason (2:08) Sunny demos Figma’s FigJam (9:43) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/twist (10:40) Figma FigJam demo continued (16:02) Jason shares his AI generated images and discusses how companies navigate copyright issues (24:58) Brave - Try the Brave Search API at http://brave.com/jason (26:12) Feedback and thoughts for FigJam (31:05) Sunny demos Fal, an AI that gives generated images from real time drawing (40:28) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist (41:49) Sunny demos the Real-Time Latent Consistency Model (47:01) Sunny demos Alibaba’s Animate Anyone * Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Check out FigJam: https://help.figma.com/hc/en-us/articles/1500004362321-Guide-to-FigJam Check out Fal: https://www.fal.ai/dynamic Check out the hugging face video demo: https://huggingface.co/spaces/radames/Real-Time-Latent-Consistency-Model Check out Animate Anyone: https://www.youtube.com/watch?v=8PCn5hLKNu4 * Follow Sunny: https://twitter.com/sundeep * Follow Jason: Twitter: https://twitter.com/jason Instagram: https://www.instagram.com/jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Substack: https://twistartups.substack.com Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin * Subscribe to the Founder University Podcast: https://www.founder.university/podcast
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Dec 1, 2023 • 1h 22min

David Heinemeier Hansson (DHH) on the ‘Post-SaaS era' | E1856

David Heinemeier Hansson (DHH), Co-founder of Basecamp and creator of Ruby on Rails, discusses the future of SaaS, alternative cost structures, challenges of remote work, internal culture struggles at Basecamp, and the importance of branding and domain names for startups.
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Nov 29, 2023 • 38min

Exploring AI's Pace of Evolution, AGI's Future, and Data Dominance with Adept CEO David Luan | E1855

This Week in Startups is brought to you by… Brave. If you’re building AI and search-based applications, train your models with the Brave Search API. Get started for free at brave.com/jason Arising Ventures is a holding company that acquires tech startups facing setbacks. Arising Ventures knows what founders care about because they aren’t bankers, they are tech founders themselves! Go to ⁠http://www.arisingventures.com/TWIST LinkedIn Jobs. A business is only as strong as its people, and every hire matters. Go to http://www.LinkedIn.com/TWIST to post your first job for free. Terms and conditions apply. Today’s show: Adept Co-Founder and CEO David Luan joins Jason to discuss his experience at OpenAI (2:45), demo Adept's AI-powered workflow builder (13:47), what facets of AI he is most excited about, what keeps him motivated (32:33), and more! * Timestamps: (0:00) Adept founder and CEO David Luan joins Jason. (2:45) David's experience at OpenAI and the evolution of deep learning (5:22) DALL-E origins and its "a-ha moment" (9:24) The next great well of AI training data (11:21) Brave - Try the Brave Search API at http://www.brave.com/jason (12:35) Adept's Northstar since day one (13:47) Demos: showcasing the power of Adept AI (15:52) The next battlefield for AI (18:34) A look into Adept AI Experiments – a sandbox for AI enthusiasts (20:46) Arising Ventures - head to ⁠http://www.arisingventures.com/TWIST to learn more and connect with the team (21:51) How Adept aims to streamline job processes (24:54) Strategies to outperform large competitors (31:13) LinkedIn Jobs - Post your first job for free at http://www.LinkedIn.com/TWIST (32:33) What excites David about the future and motivates his daily efforts? (36:29) The present and expected advancements in AI * Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Check out Adept AI:  https://www.adept.ai Check out Adept AI Experiments: https://www.adept.ai/blog/experiments * Follow David: https://twitter.com/jluan https://www.linkedin.com/in/jluan * Follow Jason: Twitter: https://twitter.com/jason Instagram: https://www.instagram.com/jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Thanks to our partners: (11:21) Brave - Try the Brave Search API at http://brave.com/jason (20:46)  Arising Ventures - head to http://www.arisingventures.com/TWIST to learn more and connect with the team (31:13) LinkedIn Jobs - Post your first job for free at http://www.LinkedIn.com/TWIST * Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Substack: https://twistartups.substack.com Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin * Subscribe to the Founder University Podcast: https://www.founder.university/podcast
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Nov 28, 2023 • 52min

24/7 autonomous agents for everything with Induced AI’s Aryan Sharma | E1854

This Week in Startups is brought to you by… Miro. Working remotely doesn’t mean you need to feel disconnected from your team. Miro is an online whiteboard that brings teams together - anytime, anywhere. Go to https://miro.com/startups to sign up for a FREE account with unlimited team members. Northwest Registered Agent. When starting your business, it's important to use a service that will actually help you. Northwest Registered Agent is that service. They'll form your company fast, give you the documents you need to open a business bank account, and even provide you with mail scanning and a business address to keep your personal privacy intact. Visit http://northwestregisteredagent.com/twist to get a 60% discount on your next LLC. Nuts.com is offering new customers a free gift with purchase and free shipping on orders of $29 or more at http://www.Nuts.com/twist Today’s show: Induced AI CEO Aryan Sharma joins Jason to discuss the motivation behind Induced AI (3:20), how the product is being integrated into real-world applications (16:42), strategies for mitigating bad actors (32:16), and more! * Time stamps: (0:00) Induced AI CEO Aryan Sharma joins Jason (3:20) The motivation behind Induced AI (10:06) Miro - Sign up for a free account at https://miro.com/startups (11:24) The role of Robotic Process Automation (RPA) and integration of LLMs (16:42) Aryan demos Induced AI’s WorkFlow (28:24) Northwest Registered Agent - Get a 60% discount on your next LLC at http://northwestregisteredagent.com/twist (29:31) The impact on business processing outsourcing (32:16) Strategies for mitigating bad actors (40:30) Nuts.com - Get a free gift with purchase and free shipping on orders of $29 or more at http://www.Nuts.com/twist (44:17) Journey to Induced AI * Links: https://proceedings.mlr.press/v70/shi17a/shi17a.pdfhttps://www.sap.com/products/technology-platform/process-automation/what-is-rpa.html * Check out: https://www.induced.ai/ * Follow Aryan: https://twitter.com/aryxnsharma https://www.linkedin.com/in/aryan-sharma-2628aba2/ * Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow Jason: Twitter: https://twitter.com/jason Instagram: https://www.instagram.com/jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Follow TWiST: Substack: https://twistartups.substack.com Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin * Subscribe to the Founder University Podcast: https://www.founder.university/podcast
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Nov 28, 2023 • 1h 15min

AI demos: Bard's YouTube summarizer, Stability's image editing tools, and more with Sunny Madra | E1853

This Week in Startups is brought to you by… Squarespace. Turn your idea into a new website! Go to Squarespace.com/TWIST for a free trial. When you’re ready to launch, use offer code TWIST to save 10% off your first purchase of a website or domain. Vanta. Compliance and security shouldn't be a deal-breaker for startups to win new business. Vanta makes it easy for companies to get a SOC 2 report fast. TWiST listeners can get $1,000 off for a limited time at vanta.com/twist Northwest Registered Agent. When starting your business, it's important to use a service that will actually help you. Northwest Registered Agent is that service. They'll form your company fast, give you the documents you need to open a business bank account, and even provide you with mail scanning and a business address to keep your personal privacy intact. Visit http://northwestregisteredagent.com/twist to get a 60% discount on your next LLC. Today’s show: Sunny Madra joins Jason to demo Bard’s YouTube summarizer (2:27), an iPhone app that draws apps (41:14), Stability’s Clipdrop (59:20), and much more! * Time stamps: (0:00) Sunny Madra joins Jason (2:27) Sunny demos Bard’s YouTube summarizer (7:00) Jason's revamping his Substack! First topic; Jason's new ADD management framework: Automate, Deprecate, Delegate (13:58) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/twist (14:54) Bard’s YouTube summarizer demo continued (27:09) Vanta - Get $1000 off your SOC 2 at https://vanta.com/twist (29:09) Sunny demos tlDraw and discusses the evolution of low-code environments (40:08) Northwest Registered Agent - Get a 60% discount on your next LLC at http://northwestregisteredagent.com/twist (41:14) Sunny showcases UIDraw, an app to draw and build a web app on your phone with AI (46:57) Sunny demos Trace, a tool to design a UI via AI (53:38) Sunny demos Runway TV (59:20) Sunny demos Stability’s image editing tools, including Clipdrop (1:05:18) Jason and Sunny’s AI predictions and bet * Links: https://www.wired.com/story/inside-story-of-pong-excerpt/https://en.wikipedia.org/wiki/Vin_Scelsastabilityhttps://twitter.com/jsngr/status/1728848624048853442?s=42&t=79J_alIF_jrz1wn1s5pboQclipdrop * Check out: https://www.trace.zip/https://www.runway.tv/https://makereal.tldraw.com/ * Follow Sunny: https://twitter.com/sundeep * Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow Jason: Twitter: https://twitter.com/jason Instagram: https://www.instagram.com/jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Follow TWiST: Substack: https://twistartups.substack.com Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin * Subscribe to the Founder University Podcast: https://www.founder.university/podcast
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Nov 21, 2023 • 1h

OpenAI Chaos Continues with Sunny Madra and David Sacks | E1852

This Week in Startups is brought to you by… NetSuite. Once your business gets to a certain size the cracks start to emerge.  Things you used to do in a day take a week. You deserve a customized solution - and that's NetSuite. Learn more when you download NetSuite’s popular KPI Checklist - absolutely free, at NetSuite.com/twist LinkedIn Marketing. To redeem a $100 LinkedIn ad credit and launch your first campaign, go to linkedin.com/thisweekinstartups Brave. If you’re building AI and search-based applications, train your models with the Brave Search API. Get started for free at brave.com/jason Today’s show: Sunny Madra and David Sacks join Jason to break down all the chaos of the past few days at OpenAI including why the situation is so unprecedented (17:46), the board’s failure (30:18), the impact on startups (43:34), and much more! * Time stamps: (0:00) Recapping the chaotic past few days at OpenAI plus some immediate impacts from the fallout (16:43) NetSuite - Download your free KPI Checklist at http://netsuite.com/twist (17:46) David Sacks joins the show and explains why this situation is so unprecedented in Silicon Valley (28:51) LinkedIn Marketing - Get a $100 LinkedIn ad credit at https://linkedin.com/thisweekinstartups (30:18) How the board could have handled this better, Sam Altman's misaligned incentives packages (or lack thereof) (37:14) Silicon Valley's battle-tested standard structure, and why you shouldn't innovate on corporate structure (42:20) Brave - Try the Brave Search API at http://brave.com/jason (43:34) Impact on startups reliant on OpenAI's models, a brutal momentum killer for OpenAI (50:39) Predictions: Return of the King? Mass Exodus? Something else? * Follow Sunny: https://twitter.com/sundeep Follow Sacks: https://twitter.com/DavidSacks * Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow Jason: Twitter: https://twitter.com/jason Instagram: https://www.instagram.com/jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Follow TWiST: Substack: https://twistartups.substack.com Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin * Subscribe to the Founder University Podcast: https://www.founder.university/podcast

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