Introducing the Generation Bet Concept at KPMG Innovation Symposium

3min Snip

00:00

Play full episode

Summary

Comments

Transcript

Episode notes

The Generation Bet concept identifies a new demographic of investors who have grown up engaging with modern financial instruments like Robinhood, crypto, NFTs, and prediction markets. This group, represented by young adults in their 20s and 30s, exhibits a unique form of financial acumen formed through real-world experiences, akin to veterans developed from hardships in battle. They have faced setbacks in trading and betting, which creates valuable lessons that shape their future investment strategies. The concept emphasizes that those with real financial experiences, including losses and learning opportunities, will develop a capacity for better decision-making as they grow older. Specifically, individuals who engage in multiple investment avenues are likely to evolve into adept investors or entrepreneurs, possessing a distinctive skill set shaped by their formative financial experiences. Thus, Generation Bet signifies a transformative shift in the investment landscape, where experiential learning is essential for future success.

This Week in Startups is brought to you by…

Google Cloud. Accelerate your startup journey with the Google for Startups Cloud Program. Get up to $200K in Google Cloud credits – or up to $350K for AI startups – plus training and guidance. Apply at https://startups.google.com/twist

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

AssemblyAI. Get maximum value from voice data with AssemblyAI. Build powerful products and features for your end users on the industry’s leading speech-to-text models. Get 100 free hours to start building at https://www.assemblyai.com/twist

Todays show:

Alex Wilhelm joins Jason to discuss the evolution of startup costs and media aggregation (3:17), media's addiction to Trump coverage (13:46), Polymarket and Perplexity partnership (40:08), and more!

Timestamps:

(0:00) Jason and Alex kick off the show

(3:17) Evolution of startup costs and media aggregation (7:47) Jason and Alex discuss Trump and Elon conversation (10:09) Google Cloud - Accelerate your startup journey with the Google for Startups Cloud Program. Apply at https://startups.google.com/twist (13:46) Media's addiction to Trump coverage

(20:04) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist (21:18) Trump's media strategies and speech analysis

(30:04) AssemblyAI - Get 100 free hours to start building at https://www.assemblyai.com/twist (31:17) Societal resistance to tech and the rise of self-driving cars (37:14) Self-driving technology's impact on Uber and Lyft (40:08) Polymarket and Perplexity partnership (47:34) Hacking capitalism and the FIRE movement (54:12) Perplexity's AI competition and the value of proprietary data (1:00:45) Reddit's traffic and monetization (1:07:35) European venture capital and the rise of unicorns (1:13:00) Work culture: Europe vs. US (1:16:11) Investing in AI startups and consulting opportunities

Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com/

Check out the TWIST500: https://twist500.com

Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp

Mentioned on the show: