The Down Round Question

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Todays show:

David Weisburd hosts Jeff Richards, Ryan Denehy, and Jason Calacanis to discuss down rounds in startups (5:26), changing operations in response to market shifts (23:07), and impact of AI & remote work on job availability (1:02:17).

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Timestamps:

(0:00) David Weisburd intros Jeff Richards, Ryan Denehy, and Jason Calacanis

(5:26) Down rounds and cram down rounds in VC deals

(13:06) NetSuite - By popular demand, NetSuite has extended its one-of-a-kind flexible financing program for a few more weeks! Head to https://www.netsuite.com/liquidity

(14:22) The terms of investment and the importance of good business fundamentals

(21:67) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist⁠

(23:24) Changing operations in response to market shifts

(30:20) Increasing deal flow and setting ambitious goals

(35:32) HiddenLayer. HiddenLayer’s AI Detection & Response Solution secures your Generative AI & LLMs from malicious attack. Visit https://www.HiddenLayer.com/TWiST to learn more

(37:26) AI adoption in startups and businesses

(1:02:33) The role of remote work in shaping the global economy and the potential of offshore hiring

(1:09:34) Comparing the fundraising process pre and post COVID

(1:14:30) Wrap up: Jeff's latest 3 investments and Ryan's company, https://www.Electric.ai

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Follow Jeff:

X: https://twitter.com/jrichlive

LinkedIn: https://www.linkedin.com/in/jeffrichards

Check out: https://notablecap.com/

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Follow Ryan:

X: https://twitter.com/denehyxxl

LinkedIn: https://www.linkedin.com/in/ryandenehy

Check out: https://www.electric.ai/

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Follow David:

X: ⁠https://twitter.com/DWeisburd⁠

LinkedIn: ⁠https://www.linkedin.com/in/dweisburd⁠

Check out: ⁠https://10xcapital.com

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Follow Jason:

X: ⁠https://twitter.com/jason⁠

Instagram: ⁠https://www.instagram.com/jason⁠

LinkedIn: ⁠https://www.linkedin.com/in/jasoncalacanis

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Thank you to our partners:

(13:06) NetSuite - By popular demand, NetSuite has extended its one-of-a-kind flexible financing program for a few more weeks! Head to https://www.netsuite.com/liquidity

(21:67) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist⁠

(35:32) HiddenLayer. HiddenLayer’s AI Detection & Response Solution secures your Generative AI & LLMs from malicious attack. Visit https://www.HiddenLayer.com/TWiST to learn more

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Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland

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