This Week in Startups

First, we cover the news of Ex-Meta crypto chief David Marcus launching a Bitcoin payments startup backed by a16z & Paradigm (02:05). Then, Jack Mallers, the CEO of Strike joins (8:13) to discuss the lightning network & the history of payment networks (12:10), why companies use the Strike API (24:42), why he thinks Visa and Mastercard can't compete (31:24), Strike unlocking Bitcoin’s potential (34:40) and more! (00:00) Jason and Molly tee up today’s show (02:05) Ex-Meta crypto chief David Marcus launches Bitcoin payments startup backed by a16z & Paradigm (08:13) Molly interviews Jack Mallers, CEO of Strike (10:57) Vanta - Get $1,000 off automating your SOC 2 at https://vanta.com/twist (12:10) The lightning network & the history of payment networks, how Strike disrupts them (23:26) OpenPhone - Get an extra 20% off any plan for your first 6 months at https://openphone.com/twist (24:42) Use cases for Strike’s API (30:070 Reforge - Apply for their next cohort at https://reforge.com/twist (31:24) How do Strike fees compare to merchant fees from Visa, Mastercard, etc? (34:40) Has Strike unlocked Bitcoin’s potential? (41:12) What dominoes will fall before people get off dollars? Check out Strike: https://www.strike.me FOLLOW Jack: https://twitter.com/jackmallers FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood

Jason and Molly chat with Jason Lemkin of SaaStr (01:44). They discuss: advice for new VCs (16:14), the future of SaaS investing (27:37), playing offense as investors (35:50), secondaries and more. (00:00) Jason and Molly tee up today’s interview show (01:44) Jason and Molly speak with Jason Lemkin of SaaStr (14:59) Notion - Get started for free at https://notion.com/thisweekinstartups (16:14) Jason Lemkin’s advice for new fund managers (26:16) Microacquire - Sell your business with no fees at https://try.microacquire.com/twist (27:37) Will SaaS investments continue to be good? (32:44) What makes Notion so good? (34:44) AdQuick - Visit https://adquick.com/twist and mention TWIST to get $1000 off your first campaign. (35:50) What does it mean to play offense? Why should you be playing offense now if you have the runway? (39:35) Jason Lemkin’s predictions for the next year & advice for capital allocators/investors (52:25) Are founder secondary sales a red flag? (1:01:20) Strategies for investors in a down market FOLLOW Jason Lemkin: https://twitter.com/jasonlk FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood

In VC Sunday School we discuss Pitchbook's data on women-led VC funds (03:16), how much money they've raised and how the industry is evolving. Then, Jason explains why new fund managers often have more success with individual LPs than institutional LPs (27:12). In This Week in Climate Startups Molly speaks with Anukampa Freedom Gupta-Fonner of Springeats.com, a zero-waste grocery service (38:31). (00:00) Jason and Molly introduce today’s show (03:16) VC Sunday School: PitchBook gathered a bunch of data for The Information about women-led VC funds (13:08) ActiveCampaign - Get 10% off your ActiveCampaign subscription today at https://activecampaign.com/promo/twist (14:19) VCSS: Q1 2022, 199 funds raised $73.8B in commitments; 8% of total funding raised from women-led funds (25:52) Reforge - Apply for their next cohort at https://reforge.com/twist (27:12) VCSS: Taking the backdoor for raising (34:43) Liquid I.V. - Feel better faster. Get 25% off at https://liquid-iv.com using promo code TWIST (35:47) Wrapping up VCSS (36:37) Toss to This Week in Climate Startups (38:31) TWiCS: Molly speaks with Anukampa Freedom Gupta-Fonner of springeats.com (zero-waste grocery service) Check out Spring: https://www.springeats.com FOLLOW Anukampa: https://www.linkedin.com/in/anukampafreedomguptafonner FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood

First Jason and Molly cover FTX CEO SBF buying 7.6% of $HOOD (1:57), SoftBank’s $13B loss (8:29), Twitter’s exec layoffs (14:55) & give a deal update (21:50). Then Producer Rachel chats with Nicole Ruiz is an investor at Compound VC, a thesis-driven, research-centric investment firm (35:34). Together, they talk about her untraditional path to VC, their investment in Pear Bio, the importance of being a skilled researcher, and more. (00:00) Cold open (1:57) 4-for-5 Friday: SBF buys 7% of $HOOD (8:29) SoftBank loses $13B (13:51) OurCrowd - Check out the deal of the week at https://ourcrowd.com/twist (14:55) Twitter layoffs start (20:33) OpenPhone - Get an extra 20% off any plan for your first 6 months at https://openphone.com/twist (21:50) Twitter deal on hold (30:29) Gun.io - Get $250 off your first developer hire at https://Gun.io/twist! (31:45) Toss to this week’s OK Boomer (35:34) OKB with Producer Rachel and Nicole Ruiz of Compound VC (31:45) Toss to this week’s OK Boomer (35:34) OKB with Producer Rachel and Nicole Ruiz of Compound VC Follow Nicole: https://twitter.com/nwilliams030 FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood

Deirdre Bosa from CNBC’s Tech Check joins to talk about a wide variety of topics (2:20), including her interview with Sundar Pichai, journalism (12:54), the crashing public markets, crypto (44:58), Twitter iterations (1:06:12) and so much more! (00:00) Jason and Molly tee up today’s show (02:20) Jason and Molly chat with Deirdre Bosa of CNBC (11:38) LinkedIn - Post your first job for free at https://linkedIn.com/twist (12:54) Jason, Molly, and Deirdre talk about reporting, journalism, private and public markets (21:12) Cyvatar - Get your first 2 months free at https://cyvatar.ai/twist (22:28) More on tech journalism: asking tough questions (35:30) Swag.com - Visit https://swag.com/twist and use code TWIST for 10% off your order! (36:42) Uber as a super app? (43:30) Instacart filing for an IPO (44:58) Is this the go-to-zero moment for crypto? (1:06:12) Discussing the open version of Twitter FOLLOW Deirdre: https://twitter.com/dee_bosa FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood

First Jason and Molly open by digging into some details for the All-In Summit (02:12). Then they discuss Airbnb's search options (08:13), Airbnb's new aircover insurance feature (21:34) and Coinbase's disclosure that account funds aren't safe in a Coinbase bankruptcy  (35:04). Then, Molly is joined by Ashley Carman to talk about Facebook dropping podcasts (54:46). 00:00 Molly tees up today’s show 02:12 Jason and Molly are ready for All In Summit, “Details matter” 08:13 Airbnb's search options 12:33 Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist 13:49 More on the new Airbnb search options, where could Airbnb take it? 20:29 Odoo - Get your first app free and a $1000 credit at https://odoo.com/twist 21:34 Airbnb's insurance feature: aircover 33:55 Coda - The All-in-one doc for teams, get a $1,000 credit at https://coda.io/twist 35:04 Coinbase released a filing this morning that sent some into a panic, stock down another 22% today 53:00 Jason heads out to Miami for All In Summit 54:46 Ashley Carman joins to talk about Facebook dropping podcasts FOLLOW Ashley: https://twitter.com/ashleyrcarman FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood

First, crypto reporter Bennett Tomlin joins to break down the the massive decline of algorithmic stablecoin Terra USD (UST) and how the Terra-Luna ecosystem works (09:00). Then we recap five tech stocks that are down at least 70% off mid-COVID peaks Coinbase, Shopify, Twilio, Zoom and Block (44:44). We briefly touch of Elon’s comments about reducing permanent bans on Twitter (1:05:48). Wrap with Peloton’s painful earnings (1:22:53). (00:00) Jason and Molly tee up today’s topics (02:54) Jason and Molly talk a little bit about bitcoin and the stock market tanking (09:00) Bennett Tomlin joins to discuss what’s going on with stable coins: LUNA, Tether, etc. (14:10) Indochino - Get $50 off any purchase of $399 or more by using code TWIST at checkout https://www.indochino.com (15:17) Can you buy 60 cents of LUNA to get a dollar worth of Terra? Are algorithmic stable coins destined to collapse? (22:09) Vanta - Get $1,000 off automating your SOC 2 at https://vanta.com/twist (23:19) Discussing LFG Reserve balance over time (31:00) Assure - To get 20% off your first Special Purpose Vehicle (SPV) visit https://Assure.co/twist (32:11) Different types of stable coins, & how much damage will the past few weeks do to the idea of algorithmic stablecoins? (44:44) Jason and Molly on the bitcoin crash and major tech stock wipeouts (50:10) Coinbase (53:20) Shopify (57:00) Twilio (1:00:40) Zoom (1:03:11) Square (Block Inc) (1:05:48) Breaking News: Elon Musk says “I guess I would” reverse Trump Twitter ban (1:22:53 )Peloton stock down 93% from pandemic high FOLLOW Bennett: https://twitter.com/bennetttomlin FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood

First, we discuss Uber CEO Dara Khosrowshahi's company-wide email rallying Uber behind a cash-generating vision to court investors (6:30). Then, we cover Apple's machine learning director departing because of the company's work from home policies (43:22) and the White House's negotiation with ISPs for low-cost high-speed internet to pair with the Affordable Connectivity Program (57:00). (00:00) Jason and Molly intro today’s news stories (02:30) Jason and Molly catch up (06:30) Uber CEO Dara Khosrowshahi wrote email employees Sunday night stating Uber needs to increase free cash flow to win support from investors (11:13) Embroker - Get an extra 10% off insurance for your business at https://Embroker.com/twist (12:27) Key takeaways from the Uber email (20:41) Dell For Startups - Apply and get up to 45% off at http://dell.com/twist (21:53) Jason and Molly’s thoughts on the Uber email (28:40) Catching up with Producer Nick (32:36) Ourcrowd - Check out the deal of the week at https://ourcrowd.com/twist (33:43) Wrapping up the Uber story, final thoughts (43:22) Apple’s director of ML is leaving the company due to its return to work policy (55:05) Jason makes some predictions (57:00) White House announced plans to boost high-speed internet for low-income families FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood

Sunday double-header. First, Jason discusses why some VC firms allow side investing and others explicitly forbid it (01:50). Then, in a This Week in Climate Startups segment Molly interviews Nan Ransohoff, Head of Climate at Stripe (12:27) about their $900M+ plan to fund carbon sequestration (31:18). 00:00 Jason and Molly introduce today’s show 01:50 VC Sunday School: What’s the deal with side investing? 09:42 Thorne - Personalized, scientific wellness. Go to https://Thorne.com/u/TWIST 10:55 Intro This Week in Climate Startups 12:27 TWiCS: Molly interviews Nan Ransohoff, Head of Climate at Stripe 20:14 Wealthfront - Get your first $5,000 managed for free, for life at https://wealthfront.com/TWIST 21:30 The market for carbon removal: paying to re-sequester carbon 29:57 OpenPhone - Get an extra 20% off any plan for your first 6 months at https://openphone.com/twist 31:18 Discussing how Frontier functions as a non-profit within Stripe & how to make something like Frontier mainstream Check out Frontier: https://frontierclimate.com FOLLOW Nan Ransohoff: https://twitter.com/nanransohoff FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood

First Jason and Molly break down Twitter's new community annotation feature Birdwatch (1:40), they go through screenshots of the beta version and weigh the possibility for the Birdwatch to bridge the moderation gap. Then Producer Rachel interviews Patrick McDonnell of Flapjack (44:04) about working in a hacker house in Miami, optimizing restaurant menus and his experience making the Boring Company flamethrower. (00:00) Jason and Molly tee up today’s show (01:40) BREAKING NEWS: Jason and Molly go over leaked Birdwatch Twitter feature screenshots (10:21) Notion - Get started for free at https://notion.com/thisweekinstartups (11:39) How does Birdwatch compare to Reddit or Wikipedia? Some examples of Birdwatch. (23:04) Ourcrowd - Check out the deal of the week at https://ourcrowd.com/twist (24:20) “Notes rated helpful” Birdwatch feature. Will Birdwatch work? (32:45) Intercom - Get advanced Intercom features and Early Stage Academy at a 95% discount https://www.intercom.com/early-stage (34:00) The power of mods in online communities (39:58) Rachel tees up this week’s OK boomer segments (44:04) OKB: Producer Rachel interviews Patrick McDonnell of Flapjack Check out Flapjack: http://flapjack.co/ FOLLOW Patrick: https://www.linkedin.com/in/patrickmmcdonnell/ FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood