This Week in Startups

Jason Calacanis
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Oct 18, 2022 • 53min

Stability AI's $1B+ valuation, why you should start or join a startup, Roblox jumps 20% | E1589

First up, J+M cover Stability AI's new billion-dollar valuation (2:45) before Jason runs through a presentation and a manifesto. (15:33) Then, J+M break down Roblox's stock popping 20% on Monday (33:02), and another excellent WLITF segment featuring Joby Aviation! (42:57) (0:00) J+M tee up today's news topics! (2:45) Stable Diffusion-maker Stability AI raises at a $1B valuation! (14:05) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/TWIST (15:33) Jason runs through his talk: "Why you should build -- or join -- a startup" and his document on goals at LAUNCH (24:59) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist  (26:10) J+M discuss the expectations at LAUNCH vs most other venture firms (33:02) Roblox stock popped 20% on Monday after a strong metrics report (37:32) Microsoft for Startups Founders Hub - Apply in 5 minutes, no funding required, sign up at http://aka.ms/thisweekinstartups (39:01) Metaverse-winning pair trade, discussion on getting back to work (42:57) Delta invests $60M into eVTOL-maker Joby Aviation and plans to eventually offer Joby trips to and from airports starting in NY and LA 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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Oct 18, 2022 • 1h 19min

Ye agrees to acquire Parler, Xi Jinping on the state of China, deglobalization & more | E1588

J+M break down Ye agreeing to acquire Parler and share some thoughts on the artist's current situation. (2:22) Then, they cover CCP President Xi Jinping's recent comments on the current state of China (22:39), and what the world might look like with less globalization. (28:58)  They wrap with a social media Startup of the Day (52:29) and a space-themed We Live in the Future! (1:04:40) (0:00) J+M intro today's topics! (2:22) Ye has agreed to acquire Parler, a free speech-focused Twitter competitor (15:35) LinkedIn Jobs - Post your first job for free at https://linkedin.com/twist (16:49) More thoughts on Ye's current situation (22:39) CCP President Xi Jinping's recent comments on the state of China and his goals moving forward (27:27) Notion - Sign up for FREE at https://notion.com (28:58) Unwinding globalization, issues with codependency (38:31) Helpware - Go to https://helpware.com/TWIST to get $1000 off your first invoice (39:55) Where CCP policies went wrong, what other countries can learn from them (52:29) Startup of the Day: Gas is a new social media startup geared towards positive superlatives for high school friend groups (1:04:40) We Live in the Future: Spinlaunch's rotating arm that launches satellites into low Eather orbit 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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Oct 16, 2022 • 48min

The Wing shuts down, avoiding pitfalls of success + Tesseract Energy's Alan Chang | E1587

First up, J+M discuss The Wing shutting down, where it went wrong, and avoiding ego-based pitfalls. (1:35) Then, Alan Chang joins Molly to break down his idea behind Tesseract Energy! (22:37) (0:00) J+M tee-up topics for Sunday (1:35) The Wing shuts down: what went wrong (12:44) OpenPhone - Get an extra 20% off any plan for your first 6 months at https://openphone.com/twist  (14:18) Understanding and avoiding ego- and success-based founder pitfalls (21:24) FanDuel Sportsbook - Sign up with promo code TWIST to place a $1000 risk-free bet at https://sportsbook.fanduel.com  (22:37) Alan Chang joins Molly and explains his idea behind Tesseract Energy, his time at Revolut, and more! (35:20) MasterClass - Get 15% off an annual membership at https://masterclass.com/startups  (36:36) Understanding how a token plays into Tesseract's energy platform
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Oct 15, 2022 • 1h 17min

VCs hiring Twitter ghostwriters, Meta's XR plan, Netflix's ad tier & more | E1586

Friday variety! First up J+M cover a wide range of topics, including VC ghostwriters (12:45), firms investing in public tech companies (22:29), and news lightning round! (34:51) Then, Producer Rachel is back with another edition of OK Boomer. (53:30) (0:00) J+M tee up today's topics! (2:45) J+M talk about happy hour, discuss some All-In topics, geopolitics, markets and more! (11:42) Odoo - Get your first app free and a $1000 credit at https://odoo.com/twist (12:45) VCs are hiring ghostwriters on Twitter! (21:10) Assure - To get 20% off your first Special Purpose Vehicle (SPV) visit https://Assure.co/twist (22:29) WSJ reports that VCs are investing in growth-stage public tech companies rather than late-stage private startups (33:25) House of Macadamias - Get 20% off at https://houseofmacadamias.com/twist by using code TWIST20 (34:41) Lightning round: Decentraland's usage stats, use cases for Meta's new AR headset, Netflix announces ad-supported tier launch date and price (50:22) Producer Rachel joins to tee up this week's OK Boomer! (53:20) Cliff Lerner joins to discuss his new social startup Saturdays
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Oct 14, 2022 • 1h 5min

SEC investigates Bored Apes, AI-generated Steve Jobs/Joe Rogan interview & more | E1585

Vinny Lingham and Sunny Madra are back for another crypto roundtable! The show starts with a discussion on Nvidia's new high-powered graphics cards (2:35) and an AI-generated podcast interview. (15:21) Then, the group breaks down the SEC investigating Yuga Labs over whether or not Bored Apes are securities! (27:07) (0:00) J+M tee up today's crypto roundtable! (2:35) J+M welcome Sunny Madra and Vinny Lingham; Vinny breaks down his new Nvidia purchase and how graphics cards will power the next wave of AI (14:03) Dell for Startups - Apply for Dell for Startups and get an additional 10% off at http://dell.com/twist (15:21) Podcast.ai's AI-generated Steve Jobs/Joe Rogan interview (25:50) Vanta - Get $1000 off your SOC 2 at https://vanta.com/twist  (27:07) The SEC is investigating Yuga Labs over its Bored Apes NFT collection, regarding whether or not the NFTs are securities (36:24) Microsoft for Startups Founders Hub - Apply in 5 minutes, no funding required, sign up at http://aka.ms/thisweekinstartups (37:26) What is this SEC investigation actually about? Why or why not are they securities? What are other similar examples? (50:55) More interesting developments in the NFT space, Google announces it will use Coinbase to accept crypto payments FOLLOW Vinny: https://twitter.com/vinnylingham FOLLOW Sunny: https://twitter.com/sundeep 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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Oct 13, 2022 • 59min

TikTok planning to build US fulfillment centers + Liquid Death CEO Mike Cessario | E1584

First up J+M discuss TikTok's apparent plan to build an e-commerce business via US fulfillment centers! (8:57) Then, Molly is joined by Liquid Death CEO Mike Cessario to discuss the genesis of a great brand and more. (17:26) (0:00) J+M tee up today's segments! (2:13) Starlink, 5G, and the rapid advancement of internet connectivity (8:57) TikTok appears to be hiring for product fulfillment centers in the US (16:11) OpenPhone - Get an extra 20% off any plan for your first 6 months at https://openphone.com/twist  (17:26) Molly welcomes Liquid Death Co-Founder and CEO Mike Cessario; they discuss Mike's background pre-Liquid Death and his advice for brand building (28:27) LinkedIn Jobs - Post your first job for free at https://LinkedIn.com/unicorn (29:53) Irreverent marketing approaches pre-Liquid Death, building the Liquid Death brand before launching the product (38:00) Paperclip - Go to getpaperclip.com/twist to get the app free for life (39:06) Describing the genesis of the Liquid Death brand, what CPGs have historically gotten wrong, building a brand based on comedy; understanding flavor demand Check out Liquid Death: https://www.liquiddeath.com 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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Oct 11, 2022 • 1h 9min

New worker classification test proposal, Getir in talks to acquire Gorillas & more | E1583

J+M kick off the show by catching up after Molly's speaking gig yesterday (2:31), before breaking down the US Labor Dept proposing new rules for worker classification (16:23). Then, they discuss self-driving food-running robots (49:11) before discussing potential consolidation in the instant-delivery space! (58:39) (0:00) J+M tee up today's topics! (2:31) Molly's keynote, Jason teaching the next Founder University, data defaults, and liability (14:57) LinkedIn Marketing -  Get a $100 LinkedIn ad credit at https://linkedin.com/thisweekinstartups (16:23) US Labor Dept proposes new test for employee vs. independent contractor classification, understanding the history of worker classification (26:17) Policygenius - Go to https://policygenius.com to get a free life insurance quote (27:39) Creating better benchmarks for employees (35:35) Revelo - Get 20% off the first 3 months by mentioning TWIST at https://revelo.io/twist (37:02) Uber's proactive attempt at a "third way" solution between independent contractors and employees (49:11) Startup of the Day: Bear Robotics is creating self-driving food-running robots for restaurants (58:39) Potential consolidation in the instant-delivery market: Getir is in advanced talks to acquire Gorillas 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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Oct 11, 2022 • 1h 18min

Amazon's transformation, Peloton's mistakes, VC market downturn & more with Ben Gilbert | E1582

Acquired's Ben Gilbert fills in for Molly Wood and joins Jason to discuss Amazon's transformation (3:57), AI edge cases (22:02), Peloton's mistakes (32:05), used car prices (59:59), and the current VC market downturn. (1:09:18) (0:00) Jason tees up today's topics! (3:57) Acquired's Ben Gilbert joins Jason to break down the news! First up: Amazon sunsets its "Scout" project, and its transformation from a Day 1 to a Day 2 company (10:45) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist (11:53) Coco's delivery robots, history of the delivery robot space, where Coco robots can work, the maturation of smartphone components (22:02) AI edge cases: capturing the likeness of a celebrity/notable person (27:33) Microsoft for Startups Founders Hub - Apply in 5 minutes, no funding required, sign up at http://aka.ms/thisweekinstartups (29:03) Escaping the Uncanny Valley (32:05) Peloton cuts 500 more jobs; CEO's comments make employees panic (37:28) Zapier - Try for free today at https://zapier.com/TWIST (38:59) Peloton's two major corporate strategy mistakes, Apple's mass market luxury innovation (59:59) Used car prices are down significantly (1:09:18) VC market downturn coming off a record 2021; was 2021 an aberration? Check out Acquired: https://www.acquired.fm FOLLOW Ben: https://twitter.com/gilbert FOLLOW Jason: https://linktr.ee/calacanis
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Oct 9, 2022 • 1h 14min

Why VCs care about ownership percentage + Flowcarbon CEO Dana Gibber | E1581

First, Jason explains why many VCs focus on ownership percentage and maintaining ownership throughout an investment life cycle. (1:40) Then, Molly welcomes Flowcarbon CEO Dana Gibber to break down her blockchain-based carbon credits solution! (23:04) (0:00) J+M tee up today's segments! (1:40) VC Sunday School: Why many VCs obsess over ownership percentage (9:19) OpenPhone - Get an extra 20% off any plan for your first 6 months at https://openphone.com/twist  (10:53) Jason uses a table to explain dilution over an investments life cycle and why ownership percentage matters (21:43) SnackMagic - Get 10% cashback up to $1000 until October 15th with code HOLIDAY, and see more at snackmagic.com/twist (23:04) Molly welcomes Flowcarbon CEO and Co-Founder Dana Gibber; Dana explains how she got involved with Adam and Rebekah Neumann and Flowcarbon's core offering (36:58) MicroAcquire - Sell your business with no fees at https://try.microacquire.com/twist (38:29) Dana breaks down carbon offsets (51:14) Dana explains the blockchain verification aspect of Flowcarbon (58:38) How Flowcarbon plans to make money, why doing this on the blockchain is the best solution Check out Flowcarbon: https://www.flowcarbon.com 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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Oct 8, 2022 • 1h 2min

US chip industry update, fixing education, Amazon allegations + OK Boomer | E1580

First up, J+M discuss new developments in the US chip industry, including tighter restrictions on exports and a massive new investment in an upstate NY factory! (4:57) They also cover fixing US education (12:37) and a shocking lawsuit against Amazon. (27:58) Then, Producer Rachel is joined by Verci Co-Founders Ami and An on OK Boomer! (40:03)  (0:00) J+M tee up today's segments! (1:57) Molly and Jason catch up on Friday! (4:57) US clamps down on chip exports to China, Micron brings chip plant to Upstate NY (11:22) LinkedIn Jobs - Post your first job for free at https://linkedin.com/twist  (12:37) Fixing US education (24:26) Masterworks - Skip the waitlist to invest in fine art using at https://Masterworks.com/twist (25:48) CHIPS positivity (27:58) Amazon lawsuit with shocking allegations (38:51) Odoo - Get your first app free and a $1000 credit at https://odoo.com/twist (40:03) Producer Rachel is joined by Verci Co-Founders Ami and An to talk about their community group

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