Uncovering Insights in Industry Anecdotes

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Analyzing public announcements and financial reports can reveal valuable insights, especially in publicly traded companies where stock prices act as a scoreboard. Discussions around recent industry events, like the open ai controversy, highlight broader industry issues. It's common for companies, including Open AI, to have agreements with exiting employees concerning equity and confidentiality, often in a reciprocal manner.

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Timestamps:

(0:00) Alex Wilhelm joins Jason to dive into this week’s news.

(1:17) Announcing new co-host on TWiST Alex Wilhelm of TechCrunch fame!

(3:03) Alex breaks down what’s on the docket for today!

(4:16) The OpenAI equity issue.

(10:38) Vanta - Get $1000 off your SOC 2 at http://www.vanta.com/twist

(12:39) OpenAI’s ChatGPT 4o. (15:33) Why ChatGPT is better than Siri.

(17:50) OpenAI’s net revenue in the wake of last week’s announcements. (20:04) LinkedIn Ads - Get a $100 LinkedIn ad credit at http://www.linkedin.com/thisweekinstartups (22:06) Comparing the needs of consumers vs enterprise for ChatGPT. (24:17) OpenAI has pulled “Sky” one of the voices for the new ChatGPT 4o due to it sounding like Scarlett Johansson

(28:48) Equinix - Join the Equinix Startup Program for up to $100K in credits and much more at https://deploy.equinix.com/startups (30:01) Alex’s favorite topic around how much founders paying themselves. (38:46) A billion-dollar deal in cybersecurity.

(45:43) Breaking news Scar Jo!

(56:24) What’s going on with crypto-venture capital.

(58:02) A look at “decentralized twitter” called Farcaster.

Links from episode:

OpenAI Equity link: https://www.businessinsider.com/sam-altman-openai-nda-clause-vested-equity-ilya-sutskever-2024-5

OpenAI revenue growth https://techcrunch.com/2024/05/20/chatgpts-mobile-app-revenue-saw-biggest-spike-yet-following-gpt-4o-launch/

Founder salary report: https://pilot.com/founder-salary-report-2024

CyberArk-Venafi deal: https://techcrunch.com/2024/05/20/cyberark-snaps-up-venafi-for-1-54b-to-ramp-up-in-machine-to-machine-security/

Crypto VC rising: https://www.reuters.com/technology/venture-capital-funding-crypto-rises-24-bln-pitchbook-says-2024-05-20/

Check out Farcaster: https://www.farcaster.xyz/

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