This Week in Startups

Todays show: Kruze’s Scott Orn joins Jason on the latest edition of Startup Finance Basics! In this episode, they break down the unique aspects and dynamics of the current AI boom, contrasting AI startup revenue, costs, and growth rates with traditional SaaS models (4:11). They also dive into AI tools' impact on productivity and labor efficiency (8:12), the accounting challenges and operational issues AI startups face (14:27), and more! * Timestamps: (00:00) Kruze COO, Scott Orn, joins Jason (1:06) Unique aspects and dynamics of the current AI boom (4:11) AI startup revenue, costs, and growth rates vs traditional SaaS (8:12) AI tools and their impact on productivity and labor efficiency (14:27) Accounting challenges and operational issues in AI startups * Check out Kruze: https://kruzeconsulting.com * Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com Check out the TWIST500: https://www.twist500.com * Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Follow Scott: LinkedIn: https://www.linkedin.com/in/scottorn X: https://twitter.com/scottorn * Follow Jason: X: https://twitter.com/Jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups Substack: https://twistartups.substack.com * Subscribe to the Founder University Podcast: https://www.youtube.com/@founderuniversity1916

This Week in Startups is brought to you by… Gusto is easy online payroll, benefits, and HR built for modern small businesses. Get three months free when you run your first payroll at https://www.gusto.com/twist Oracle - Oracle Cloud Infrastructure, or OCI, is a single platform for your infrastructure, database, application development, and AI needs. Save up to 50% on your cloud bill at ⁠https://w⁠⁠⁠⁠ww.oracle.com/twist Linear. Linear helps product teams focus on what they do best: Planning and building great products. Streamline issues, projects, and product roadmaps in a tool your team will actually enjoy using. Get 25% off at https://www.linear.app/twist * Todays show: M.G. Siegler joins Jason and Alex to discuss the current venture capital crisis (14:11), and challenges in the venture industry, particularly in early-stage returns and high valuations (18:42). They also address future exits and the impact of regulatory measures on M&A (27:14), Google's antitrust case (49:08), and much more! * Timestamps: (0:00) M.G. Siegler joins Jason and Alex (5:05) M.G. Siegler's journey from journalism to venture capital (8:33) Differences between journalism and venture capital (10:02) Gusto - Get three months free when you run your first payroll at https://gusto.com/twist (11:02) Media training and transparency in companies (14:11) Venture capital's current state and CRV's capital return (16:23) Challenges and opportunities in the venture industry (18:42) Early stage venture returns and the impact of high valuations (21:42) Oracle - Try OCI and save up to 50% on your cloud bill at at https://w⁠⁠⁠⁠ww.oracle.com/twist (23:07) Future exits and liquidity evaluations in startups (27:14) Acquisitions, hackquisitions, and regulatory impact on M&A (34:09) Venture capital dynamics and fundraising during market downturn (35:48) Predictions for the startup market recovery (38:02) Linear - Streamline issues, projects, and product roadmaps in a tool your team will actually enjoy using. Get 25% off at https://www.linear.app/twist (38:57) AI competition among tech giants and Meta's hardware challenges (45:47) Venture capital dynamics and favorite AI tools (49:08) Google's antitrust case (55:25) Possible effects of opening Google's search API (1:03:41) Potential Google spin-offs (1:06:27) Audience Q&A * Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com Check out the TWIST500: https://www.twist500.com * Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Mentioned on the show: https://www.cnbc.com/2024/10/08/doj-indicates-its-considering-google-breakup-following-monopoly-ruling.html https://spyglass.org/vc-crisis * Follow M.G. Siegler: X: https://x.com/mgsiegler LinkedIn: https://www.linkedin.com/in/mgsiegler/?originalSubdomain=uk Check out: https://www.spyglass.org * Follow Alex: X: https://x.com/alex LinkedIn: ⁠https://www.linkedin.com/in/alexwilhelm * Follow Jason: X: https://twitter.com/Jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Thank you to our partners: (10:02) Gusto - Get three months free when you run your first payroll at https://gusto.com/twist (21:42) Oracle - Try OCI and save up to 50% on your cloud bill at at https://w⁠⁠⁠⁠ww.oracle.com/twist (38:02) Linear - Streamline issues, projects, and product roadmaps in a tool your team will actually enjoy using. Get 25% off at https://www.linear.app/twist * Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups Substack: https://twistartups.substack.com * Subscribe to the Founder University Podcast: https://www.youtube.com/@founderuniversity1916

This Week in Startups is brought to you by… Lemon.io - Hire pre-vetted remote developers, get 15% off your first 4 weeks of developer time at https://Lemon.io/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: Radian’s Richard Humphrey joins Alex to discuss the future of space travel, focusing on spaceplanes like the Radian One (2:05). The two dive into technological advancements (10:20), funding challenges (14:28), the potential to reduce orbital launch costs (47:56), and more! * Timestamps: (0:00) Radian’s Richard Humphrey joins Alex (2:05) Discussion on Richard Humphrey's aviation history and spaceplane development (4:22) Spaceplanes versus rockets: advantages and disadvantages (8:51) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist (10:20) Spaceplane projects: historical context and current technology (14:28) Funding challenges and venture capital interest in space industry (17:14) Radian 1 spaceplane's rocket sled launch mechanism and specifications (20:22) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist (25:28) Reusability and refurbishment process of the Radian 1 spaceplane (29:03) AssemblyAI - Get 100 free hours to start building at https://www.assemblyai.com/twist (30:33) Radian 1 project updates: recent tests and future timeline (39:00) Commercial model and government interest in horizontal launches (42:38) Orbital launches: future demand and space economy implications (44:49) Space launches: US and Chinese dominance, and potential for rapid cargo transport (47:56) Private orbital flights: cost, feasibility, and space tourism (53:19) Reducing orbital launch costs and the transformative potential of space access * Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com Check out the TWIST500: https://www.twist500.com * Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Check out Radian: https://www.radianaerospace.com * Follow Richard: X: https://x.com/RadianSpace LinkedIn: https://www.linkedin.com/in/richardhumphrey⁠ * Follow Jason: X: https://twitter.com/Jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Thank you to our partners: (8:51) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist (20:22) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist (29:03) AssemblyAI - Get 100 free hours to start building at https://www.assemblyai.com/twist * Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups Substack: https://twistartups.substack.com * Subscribe to the Founder University Podcast: https://www.youtube.com/@founderuniversity1916

Timestamps: (0:00) Alex and Jason kick off the news show! (3:26) Overview of Harvard's AR glasses tech demo and club projects (10:09) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://www.Squarespace.com/TWIST (11:35) Discussing responsible tech use, privacy, and entrepreneurial aspirations (18:30) Guests' academic focus and future in technology (19:41) LinkedIn Ads - Get a $100 LinkedIn ad credit at http://www.linkedin.com/thisweekinstartups (21:27) AR technology trends, practicality, and ethical considerations (26:10) AI advancements, deepfakes, and AR in healthcare (29:37) Washington Post - TWiST listeners can subscribe for just 50 cents per week for your first year at https://www.washingtonpost.com/twist (31:06) Insights on young founders and the podcast's live format evolution (31:58) Venture capital trends and Initialize Capital's restructuring (39:28) Founders Fund and CRV developments, returning capital to LPs (42:02) Analysis of scale insurgents and successful startup unicorns (46:39) Secondary market opportunities and fund exit strategies (53:00) New Twist 500 members: Snyk and Nym (59:56) TikTok's impact on the music industry and content creators (1:01:05) Investment discussions with Chef Reactions and TikTok creators * Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com Check out the TWIST500: twist500.com Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Follow AnhPhu: X: https://x.com/AnhPhuNguyen1 LinkedIn: https://www.linkedin.com/in/anhphu5/ * Follow Caine: X: https://x.com/CaineArdayfio LinkedIn: https://www.linkedin.com/in/caine-ardayfio/ * Follow Alex: X: https://x.com/alex LinkedIn: ⁠https://www.linkedin.com/in/alexwilhelm * Follow Jason: X: https://twitter.com/Jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Thank you to our partners: (10:09) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://www.Squarespace.com/TWIST (19:41) LinkedIn Ads - Get a $100 LinkedIn ad credit at http://www.linkedin.com/thisweekinstartups (29:37) Washington Post - TWiST listeners can subscribe for just 50 cents per week for your first year at https://www.washingtonpost.com/twist * Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups Substack: https://twistartups.substack.com * Subscribe to the Founder University Podcast: https://www.youtube.com/@founderuniversity1916

This Week in Startups is brought to you by… OpenPhone. Create business phone numbers for you and your team that work through an app on your smartphone or desktop. TWiST listeners can get an extra 20% off any plan for your first 6 months at https://www.openphone.com/twist⁠ LinkedIn Jobs. A business is only as strong as its people, and every hire matters. Go to https://www.linkedin.com/twist to post your first job for free. Terms and conditions apply Beehiiv. Power your newsletters with AI tools, referral programs, and ad network features—all in one platform. Get 30 days free and 20% off your first 3 months at ⁠https://www.beehiiv.com/twist * Timestamps: (0:00) Databricks’ Naveen Rao joins Alex Wilhelm (8:54) Regulatory challenges and open-source AI (10:02) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist (13:57) Meta's Llama models and reinforcement learning (19:46) LinkedIn Ads -  Get a $100 LinkedIn ad credit at http://www.linkedin.com/thisweekinstartups (20:55) Open vs. closed source AI models and advances (28:09) Precision in AI and enterprise applications (30:20) Beehiiv - Get 30 days free and 20% off your first 3 months at https://www.beehiiv.com/twist (52:08) Tech incumbents' evolution and AI competition (54:55) AI model sizes and synthetic data quality (57:29) AI inspiration from biology and future innovation (1:03:06) Databricks' growth trajectory and potential IPO (1:04:25) Elliot Easterling of bonbon joins TWIST for a Jam with JCal. (1:05:16) Bonbon.tech and the rewards platform overview (1:14:44) Gamification strategies and user engagement (1:22:18) Exploring growth opportunities and market expansion * Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com Check out the TWIST500: twist500.com Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Check out Databricks: https://www.databricks.com/ Check out Bonbon: https://bonbon.tech Link to Newsom vetoes SB 1047 article: https://www.bbc.com/news/articles/cj9jwyr3kgeo The short guide to understanding data intelligence from Databricks: https://www.databricks.com/blog/short-guide-understanding-data-intelligence Mosaic AI Agent Framework post: https://www.databricks.com/blog/announcing-mosaic-ai-agent-framework-and-agent-evaluation Data Intelligence Platform product tour: https://www.databricks.com/resources/demos/tours/horizontal/introducing-databricks-intelligence-platform?itm_data=demo_center Mosaic AI new features and demo: https://www.youtube.com/watch?v=acIBdCOj88E Unity Catalog GitHub: https://github.com/unitycatalog/unitycatalog “Thinking Fast and Slow” by Daniel Kahneman summary on Medium - https://www.penguinrandomhouse.ca/books/89308/thinking-fast-and-slow-by-daniel-kahneman/9780385676533 * Follow Naveen: X: https://x.com/naveengrao LinkedIn: https://www.linkedin.com/in/naveen-rao-bba5b01/ * Follow Elliot: X: https://x.com/e_easterling LinkedIn: https://www.linkedin.com/in/elliotteasterling * Follow Alex: X: https://x.com/alex LinkedIn: ⁠https://www.linkedin.com/in/alexwilhelm * Follow Jason: X: https://twitter.com/Jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Thank you to our partners: (10:02) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist (19:46) LinkedIn Ads -  Get a $100 LinkedIn ad credit at http://www.linkedin.com/thisweekinstartups (30:20) Beehiiv - Get 30 days free and 20% off your first 3 months at ⁠https://www.beehiiv.com/twist * Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups Substack: https://twistartups.substack.com

This Week in Startups is brought to you by… Notion. Notion combines your notes, docs, and projects into one beautifully designed space with AI built right in. Try it for free today at https://notion.com/twist Fidelity Private Shares℠. Manage your cap table and data room, get faster, more accurate 409A valuation, and fully automate your next financing round. Visit https://www.fidelityprivateshares.com Mention our podcast and receive 20% off your first-year paid subscription. Kyte. Looking to get out of the city? Rent a car with Kyte. Kyte delivers rental cars to your door. No counter, no lines, no hassle. Download the Kyte app or book online at https://www.kyte.com and use code JASON to save 10% on your first rental. * Todays show: Alex Wilhelm joins Jason to discuss the ongoing ILA strike and impact (2:34), Startup opportunities in port automation (39:49), CRV's $275M return to investors (55:33), OpenAI closing its $6.6 billion mega-round (1:12:07), and more! * Timestamps: (0:00) Jason and Alex kick off the show (2:34) The ILA strike overview and impact (4:59) Technology and efficiency in global ports (10:10) Notion - Try it for free today at https://notion.com/twist (11:43) Labor, supply chain fragility, and union perspectives (20:12) Future of port automation and union demands (27:07) Fidelity Private Shares℠ - Visit https://www.fidelityprivateshares.com⁠! Mention our podcast and receive 20% off your first-year paid subscription. (28:27) Societal impacts of potential future labor changes (38:07) Kyte - Download the Kyte app or book online at https://www.kyte.com and use code JASON to save 10% on your first rental. (39:38) Startup opportunities in port automation and technology resistance (45:13) Innovations in port tech (50:11) Broader impact of automation on employment (55:39) CRV's $275M return to investors (1:00:06) Focusing on core strengths in venture capital (1:02:16) Current market conditions and lack of late-stage IPOs (1:08:26) Essential skills for venture capital investing and variability in VC fund performance (1:12:07) OpenAI closing its $6.6 billion mega-round (1:18:27) Audience Q&A * Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com Check out the TWIST500: https://www.twist500.com * Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Mentioned on the show: https://ilaunion.org/ila-responds-to-usmxs-statement-that-distorts-the-facts-and-misleads-the-public/ https://www.gao.gov/assets/d24106498.pdf https://ilaunion.org/ila-halts-negotiations-with-usmx-amid-automation-disputes/ https://www.cbsnews.com/news/how-much-do-dock-workers-make-longshoreman-salary/ https://www.nytimes.com/2024/10/02/technology/crv-vc-fund-returning-money.html * Follow Alex: X: https://x.com/alex LinkedIn: ⁠https://www.linkedin.com/in/alexwilhelm * Follow Jason: X: https://twitter.com/Jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Thank you to our partners: (10:10) Notion - Try it for free today at https://notion.com/twist (27:07) Fidelity Private Shares℠ - Visit https://www.fidelityprivateshares.com⁠! Mention our podcast and receive 20% off your first-year paid subscription. (38:07) Kyte - Download the Kyte app or book online at https://www.kyte.com and use code JASON to save 10% on your first rental. * Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups Substack: https://twistartups.substack.com * Subscribe to the Founder University Podcast: https://www.youtube.com/@founderuniversity1916

This Week in Startups is brought to you by… Squarespace. Turn your idea into a new website! Go to Squarespace.com/TWIST for a free trial. When you’re ready to launch, use offer code TWIST to save 10% off your first purchase of a website or domain. Gusto. Gusto is easy online payroll, benefits, and HR built for modern small businesses. Get three months free when you run your first payroll at Gusto.com/twist. Runway. Looking to up-level your financial planning? Runway is the modern and intuitive way to model, plan, and align your business for everyone on your team. Sign up at ⁠runway.com/twist⁠ to get your first 3 months free. * Timestamps: (1:18) Alex kicks off the show! (2:27) Our Fund of Funds panel from Liquidity Summit 2024 take the stage. (2:54) Insights from Ben Choi on Fund of Funds (6:25) Emerging Manager Funds with Michael Downing (9:47) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://www.Squarespace.com/TWIST (13:38) Challenges for Emerging Managers in Venture Capital (20:25) Gusto - Get three months free when you run your first payroll at http://gusto.com/twist (21:30) Venture Capital Performance with Seyonne Kang (32:12) Runway - Sign up at https://runway.com/twist to get your first 3 months free. (33:30) Monique Woodard on Raising a First Fund (38:35) Debunking Myths of Raising a First Fund (40:46) Importance of Individual vs. Institutional Investors (42:18) Building Relationships for Subsequent Funds (43:45) Identifying Your Ideal LP Persona (45:19) Leveraging Your Fund's Unique Strengths (49:24) Strategies for Fund 2 and Beyond * Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com Check out the TWIST500: https://www.twist500.com Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Check out Cake Ventures: https://www.cake.vc/ Check out Stepstone Group: https://www.stepstonegroup.com/ Check out Next Legacy Ventures: https://www.nextlegacy.com/ Check out MDSV Capital: https://www.mdsv.vc/ * Follow Monique: X: https://x.com/moniquewoodard LinkedIn: https://www.linkedin.com/in/moniquewoodard/ * Follow Seyonne: X: https://x.com/stepstonegroup LinkedIn: https://www.linkedin.com/in/seyonne-kang-b283021/ * Follow Ben: X: https://x.com/benjichoi LinkedIn: https://www.linkedin.com/in/bchoi/ * Follow Michael: X: https://x.com/michaeldowning LinkedIn: https://www.linkedin.com/in/michaeldowning/ * Follow Alex: X: https://x.com/alex LinkedIn: ⁠https://www.linkedin.com/in/alexwilhelm * Thank you to our partners: (9:47) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://www.Squarespace.com/TWIST (20:25) Gusto - Get three months free when you run your first payroll at http://gusto.com/twist (32:12) Runway - Sign up at https://runway.com/twist to get your first 3 months free. * Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups Substack: https://twistartups.substack.com * Subscribe to the Founder University Podcast: https://www.youtube.com/@founderuniversity1916

This Week in Startups is brought to you by… 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 CloudDevs. Building the best remote team is tough, but you don’t have to do it alone. Visit https://www.clouddevs.com/twist for an unbeatable offer on hiring elite LATAM talent today. Sprig. The Product Experience platform that generates AI-powered opportunities to continuously improve your product at scale. Visit https://www.sprig.com/twist to book a demo and get a $75 gift card. * Todays show: Alex Wilhelm joins Jason to discuss AI regulation bill SB 1047 (1:46), the biggest supercycle today (6:18), OpenAI’s growth trajectory (25:20), the AR and VR technology evolution (48:51), and more! * Timestamps: (0:00) Jason and Alex kick off the show (1:46) AI regulation bill SB 1047 (2:34) Defining the AI supercycle (6:18) Concurrent supercycles: Self-driving cars and fusion (8:03) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist (9:08) Detailed discussion on SB 1047's impact and reactions (17:14) AI regulation in California: A broader perspective (19:54) CloudDevs - Visit https://www.clouddevs.com/twist for an unbeatable offer on hiring elite LATAM talent today. (21:01) Industry leaders' reactions to SB 1047 veto and open source in AI (25:20) Rule-breaking in startup success and evaluating OpenAI's valuation (36:47) Sprig - Visit https://www.sprig.com/twist to book a demo and get a $75 gift card. (38:00) Infrastructure ownership for tech giants and the future of startups in AI (48:51) AR and VR technology evolution and market potential (55:38) AR glasses' impact on daily life and mental health (1:05:59) AR vs. VR applications and social implications (1:07:27) Audience Q&A * Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com Check out the TWIST500: https://www.twist500.com * Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Mentioned on the show: https://x.com/martin_casado/status/1840490481777770850 https://x.com/AndrewYNg/status/1840497561821651069 https://www.gov.ca.gov/2024/09/29/governor-newsom-announces-new-initiatives-to-advance-safe-and-responsible-ai-protect-californians/ https://www.bloomberg.com/news/newsletters/2024-09-29/meta-steps-up-pressure-on-apple-vision-with-orion-ar-glasses-and-cheaper-quest-3-m1nkq76p https://www.youtube.com/watch?v=FKgJTJojVEw * Follow Alex: X: https://x.com/alex LinkedIn: ⁠https://www.linkedin.com/in/alexwilhelm * Follow Jason: X: https://twitter.com/Jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Thank you to our partners: (8:03) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist (19:54) CloudDevs - Visit https://www.clouddevs.com/twist for an unbeatable offer on hiring elite LATAM talent today. (36:47) Sprig - Visit https://www.sprig.com/twist to book a demo and get a $75 gift card. * Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups Substack: https://twistartups.substack.com * Subscribe to the Founder University Podcast: https://www.youtube.com/@founderuniversity1916

This Week in Startups is brought to you by… .Tech Domains. Don’t miss our “Jam with JCal” contest! To apply and get more details go to https://Jamwithjcal.tech brought to you by .tech domains. LinkedIn Ads. To redeem a $100 LinkedIn ad credit and launch your first campaign, go to https://www.linkedin.com/thisweekinstartups Brave. If you’re building AI and search-based applications, train your models with the Brave Search API. Get started for free at https://brave.com/jason * Todays show: Udio’s David Ding joins Alex to discuss the inception of Udio (1:32), advancements in AI music creation (8:47), and the evolution of Udio’s AI model (10:32). Plus, David demos Udio’s capabilities live (32:47)! * Timestamps: (0:00) Udio’s David Ding joins Alex (1:32) David's journey and the inception of Udio (4:26) AI music generation and user control over music elements (7:52) .Tech Domains - Apply for the Jam Session with JCal contest today at https://jamwithjcal.tech (8:47) Advancements in AI music creation and data annotation (10:32) Evolution of Udio's AI models and early versions (14:59) Udio's target audience and the future of AI in music (20:06) Udio's potential DAW integration and music production terms (21:52) LinkedIn Ads - Get a $100 LinkedIn ad credit at https://www.linkedin.com/thisweekinstartups (23:17) Udio's funding and business model (27:11) Financial discipline and GPU cost efficiency at Udio (31:28) Brave Search API - Get started for free at ⁠https://www.brave.com/jason (32:47) GPU-based compute challenges and a live Udio demo (48:03) Udio's user interface, engagement, and community insights (49:57) Udio's growth, virality, and competitive stance (53:27) Udio's model quality and expansion roadmap * 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 * Check out Udio: https://www.udio.com * Follow David: X: https://x.com/daviddingai LinkedIn: https://www.linkedin.com/in/david-fengning-ding-053b1282 * Follow Alex: X: https://x.com/alex LinkedIn: ⁠https://www.linkedin.com/in/alexwilhelm * Thank you to our partners: (7:52) .Tech Domains - Apply for the Jam Session with JCal contest today at https://jamwithjcal.tech (21:52) LinkedIn Ads - Get a $100 LinkedIn ad credit at https://www.linkedin.com/thisweekinstartups (31:28) Brave Search API - Get started for free at ⁠https://www.brave.com/jason * Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups Substack: https://twistartups.substack.com * Subscribe to the Founder University Podcast: https://www.youtube.com/@founderuniversity1916

Timestamps: (0:00) Teaser of today’s Liquidity Summit talk from Phil Deutch. (1:29) Alex kicks off the show. (2:11) Jason introduces Phil Deutch at the Liquidity Summit 2024 (3:52) Phil Deutch’s talk “Data Centers & Energy: A First Principles Understanding of Investment Opportunities & Challenges” (4:39) Data center power demands and the impact on energy demand (7:30) The complexity of energy generation and distribution (9:24) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://www.Squarespace.com/TWIST (10:55) Electricity generation in the US, transmission, and distribution challenges (15:17) Market opportunity for faster electricity delivery and sustainability challenges (20:08) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist (21:14) The nuclear power debate, role of AI and batteries in energy management (25:55) Consumer awareness and recent outages' impact on energy consumption (29:16) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist⁠ (30:39) Audience questions on the transition to AI and EV adoption challenges (34:09) Future innovations in energy: Solar, storage, and the potential for free electricity * Subscribe to the TWiST newsletter: https://www.ticker.thisweekinstartups.com Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Check out NGP Energy Capital: https://ngpenergy.com/ * Follow Phil: X: https://x.com/pdeutch LinkedIn: https://www.linkedin.com/in/philip-deutch-21a76a6/ * Follow Alex: X: https://x.com/alex LinkedIn: ⁠https://www.linkedin.com/in/alexwilhelm/ * Follow Jason: X: https://twitter.com/Jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Thank you to our partners: (9:24) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://www.Squarespace.com/TWIST (20:08) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist (29:16) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist⁠ Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Substack: https://twistartups.substack.com Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups * Subscribe to the Founder University Podcast: https://www.founder.university/podcast

This Week in Startups is brought to you by… Linear. Linear helps product teams focus on what they do best: Planning and building great products. Streamline issues, projects, and product roadmaps in a tool your team will actually enjoy using. Get 25% off at https://www.linear.app/twist Oracle - Oracle Cloud Infrastructure, or OCI, is a single platform for your infrastructure, database, application development, and AI needs. Save up to 50% on your cloud bill at ⁠https://w⁠⁠⁠⁠ww.oracle.com/twist⁠⁠ Fundrise. Fundrise provides access to diversified portfolios of private real estate to all investors with their industry leading, easy to use platform. Sign up today at https://www.fundrise.com/TWIST * Todays show: Alex Wilhelm joins Jason to discuss OpenAI CTO’s departure (2:03), DOJ AI compliance guidelines (9:11), current trends in tech M&A (19:15), and much more! * Timestamps: (0:00) Jason and Alex kick off the show (2:03) Breaking news: OpenAI CTO departure and speculation (8:17) Linear - Streamline issues, projects, and product roadmaps in a tool your team will actually enjoy using. Get 25% off at https://www.linear.app/twist (9:11) DOJ AI compliance guidelines (17:52) Oracle - Try OCI and save up to 50% on your cloud bill at ⁠⁠https://w⁠⁠⁠⁠ww.oracle.com/twist⁠⁠⁠ (19:15) Current state and trends in tech M&A (29:13) Liquidity, market trust, and the move towards a cashless society (36:05) Fundrise - Sign up today at https://www.fundrise.com/TWIST (37:21) Startup funding, valuations, and disciplined fundraising (50:09) Instacart's valuation journey and venture capital challenges (53:25) Optimism for the AI-driven business super cycle (55:36) The future of labor: Skilled trades vs. knowledge workers (1:02:03) Trends in apprenticeships, college enrollment, and geographic arbitrage (1:08:24) Startup opportunities in vocational training and alternative education models (1:11:09) Google's career certificates initiative (1:14:16) Job expectations and the reality for young professionals (1:15:42) Tenet Media controversy * Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com Check out the TWIST500: https://www.twist500.com * Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Mentioned on the show: https://www.cnbc.com/2024/09/16/the-toolbelt-generation-why-teens-are-losing-faith-in-college.html https://globalventuring.com/corporate/exit/exits-corporate-backed-startups-august-2024 https://www.wsj.com/articles/justice-department-pushes-companies-to-consider-ai-risks-116cfcf7?mod=hp_minor_pos11 https://www.ft.com/content/78b7e7a7-7428-4c5e-bfa2-0921c9d6cd25 * Follow Alex: X: https://x.com/alex LinkedIn: ⁠https://www.linkedin.com/in/alexwilhelm * Follow Jason: X: https://twitter.com/Jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Thank you to our partners: (8:17) Linear - Streamline issues, projects, and product roadmaps in a tool your team will actually enjoy using. Get 25% off at https://www.linear.app/twist (17:52) Oracle - Try OCI and save up to 50% on your cloud bill at ⁠⁠https://w⁠⁠⁠⁠ww.oracle.com/twist⁠⁠⁠ (36:05) Fundrise - Sign up today at https://www.fundrise.com/TWIST * Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis Follow TWiST: Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups Substack: https://twistartups.substack.com * Subscribe to the Founder University Podcast: https://www.youtube.com/@founderuniversity1916

This Week in Startups is brought to you by… Lemon.io - Hire pre-vetted remote developers, get 15% off your first 4 weeks of developer time at https://Lemon.io/twist Coda. Coda empowers your startup by bringing words, tables, and teams together. Strategize, plan, and track goals effectively with all your valuable data in one place. Go to https://www.coda.io/twist to get started for FREE and get 6 free months of the Team plan. 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 * Todays show: Alex Wilhelm joins Jason to discuss Amazon's return to office (RTO) policy (11:27), Lina Khan’s 60 minutes (31:09), Apple's new iOS features (48:32), Microsoft's big nuclear deals (1:05:25), and more! * Timestamps: (0:00) Jason and Alex kick off the show (2:14) Viral tweet from Harry Stebbings about venture capital and entrepreneurship (4:38) Discussion on the balance between luxury and grit in entrepreneurship (9:29) Cleaning up the excesses in the industry (9:58) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist (11:27) Amazon's return to office (RTO) policy and its implications (20:11) Potential impact of RTO on Amazon's innovation and stock price (20:55) Coda - Empower your startup with Coda’s Team plan for free—get 6 months at https://www.Coda.io/twist (22:25) Amazon's use of Gen AI to reduce the need for developers (24:32) Amazon's M&A strategy and competitive positioning (29:39) Google Cloud - Accelerate your startup journey with the Google for Startups Cloud Program. Apply at https://startups.google.com/twist (31:09) Lina Khan, antitrust enforcement, and market competition (45:49) Specific anti-competitive behaviors in tech industry and potential solutions (48:32) Apple's new iOS features and their impact on productivity tools (53:00) Siri's evolution and improved AI capabilities in iOS (57:32) The concept of "getting Sherlock'd" and its impact on startups (59:08) Apple's AI advancements and their implications for OpenAI (1:05:05) The potential challenges of AI dominance in OS-level interfaces (1:05:25) Microsoft's involvement in nuclear power and its significance (1:10:30) The importance of energy independence for AI development (1:15:43) Audience question: Return to office in tech vs. other industries (1:18:11) Audience question: App store rules and market share * Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com Check out the TWIST500: https://www.twist500.com * Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Follow Alex: X: https://x.com/alex LinkedIn: ⁠https://www.linkedin.com/in/alexwilhelm * Follow Jason: X: https://twitter.com/Jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Thank you to our partners: (9:58) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist (20:55) Coda - Empower your startup with Coda’s Team plan for free—get 6 months at https://www.Coda.io/twist (29:39) Google Cloud - Accelerate your startup journey with the Google for Startups Cloud Program. Apply at https://startups.google.com/twist * Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups Substack: https://twistartups.substack.com * Subscribe to the Founder University Podcast: https://www.youtube.com/@founderuniversity1916

This Week in Startups is brought to you by… OpenPhone. Create business phone numbers for you and your team that work through an app on your smartphone or desktop. TWiST listeners can get an extra 20% off any plan for your first 6 months at https://www.openphone.com/twist⁠ LinkedIn Jobs. A business is only as strong as its people, and every hire matters. Go to https://www.linkedin.com/twist to post your first job for free. Terms and conditions apply.a Beehiiv. Power your newsletters with AI tools, referral programs, and ad network features—all in one platform. Get 30 days free and 20% off your first 3 months at ⁠⁠https://www.beehiiv.com/twist * Todays show: Pie.org’s Ryan Hudson joins Jason to discuss consumer behavior (5:57), Honey’s business strategy (10:47), Pie’s consumer ad control (14:20), legal considerations of ad blocking (27:21), and more! * Timestamps: (0:00) Pie.org’s Ryan Hudson joins Jason (2:30) History and initial reactions to Honey (5:57) Consumer behavior, trust, and conversion rates (9:17) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist⁠ (10:43) Merchant reactions and Honey's business strategy (14:20) Future of Pie and consumer ad control (17:50) Demo of Pie browser extension (20:35) Economic implications of ad blocking (27:23) LinkedIn Jobs - Post your first job for free at https://www.linkedin.com/twist (28:34) Legal considerations of ad blocking (30:20) Apple's privacy stance and ad reintroduction strategies (36:22) Beehiiv - Get 30 days free and 20% off your first 3 months at ⁠⁠https://www.beehiiv.com/twist (37:50) Funding decisions and advice for young founders (43:40) Company values and political engagement (49:08) Remote work and the value of in-person interactions * Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com Check out the TWIST500: https://www.twist500.com * Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Follow Ryan: X: https://x.com/ketau LinkedIn: https://www.linkedin.com/in/ryanhudson⁠ Check out: https://www.pie.org * Follow Jason: X: https://twitter.com/Jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Thank you to our partners: (9:17) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist⁠ (27:23) LinkedIn Jobs - Post your first job for free at https://www.linkedin.com/twist (36:22) Beehiiv - Get 30 days free and 20% off your first 3 months at ⁠⁠https://www.beehiiv.com/twist * Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups Substack: https://twistartups.substack.com * Subscribe to the Founder University Podcast: https://www.youtube.com/@founderuniversity1916

Todays show: Wilson Sonsini Partner Becki DeGraw joins Jason on the latest edition of Startup Legal Basics! In this episode, they break down challenges in distressed companies(1:04), pay-to-play scenarios (2:31), the importance of a market check in financing (9:25), and high-profile legal and ethical issues (18:03). * Timestamps: (00:00) Wilson Sonsini partner Becki DeGraw joins Jason (1:04) Distressed companies and VCs leaving the board; Challenges in distressed companies (2:31) Insider-led down rounds and pay-to-play scenarios (7:07) Legal actions and stockholder lawsuits in successful turnarounds (9:25) The importance of a market check in financing; Voting against board decisions (18:03) Character and incentives in the startup ecosystem; High-profile legal and ethical issues * Check Out Wilson Sonsini: ⁠⁠https://www.wsgr.com⁠ * Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com Check out the TWIST500: https://www.twist500.com * Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Follow Becki: LinkedIn: https://www.linkedin.com/in/rebecca-degraw-639bbb62 * Follow Jason: X: https://twitter.com/Jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups Substack: https://twistartups.substack.com * Subscribe to the Founder University Podcast: https://www.youtube.com/@founderuniversity1916

This Week in Startups is brought to you by… .Tech Domains - Don’t miss our “Jam with JCal” contest! To apply and get more details go to https://jamwithjcal.tech brought to you by .tech domains. 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 Micro1. Micro1 is an AI recruitment engine to hire world class engineers fast. Visit https://www.micro1.ai/twist to open a talent search and get a 2 week free trial per hire. * Todays show: Comma’s Harald Schäfer joins Jason to discuss the future of autonomous driving, Comma’s open-source approach (7:24), how camera-based systems stack up against lidar (20:52), self-driving technology developments globally (32:55), and more! * Timestamps: (0:00) Comma’s Harald Schäfer joins Jason (2:02) Comma's approach to self-driving technology (4:06) Cost, installation, and car manufacturers' reactions to Comma (6:38) .Tech Domains - Apply for the Jam Session with JCal contest today at https://jamwithjcal.tech (7:24) Open source and different approaches in autonomous driving (13:08) Comparing Waymo, Tesla FSD, and comma AI's strategies (20:52) Lidar vs. camera-based systems in autonomy and the advantages of camera-based systems over human drivers (24:05) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist (24:56) Autonomous vehicle rollout timeline and predictions (27:33) Open source projects and major car manufacturers' adoption (31:25) Micro1 - Visit https://www.micro1.ai/twist to open a talent search and get a 2 week free trial per hire. (32:55) Self-driving technology developments in China (34:25) Tesla's anticipated announcements and AI integration in robotics (39:48) Accessing and contributing to open-source self-driving projects (41:01) Data sharing and transparency in autonomous driving (43:14) Global adoption and demographics of self-driving technology * Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com Check out the TWIST500: https://www.twist500.com * Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Follow Harald: X: https://x.com/___harald___ LinkedIn: https://www.linkedin.com/in/harald-schäfer-567830132 Check out: https://www.comma.ai * Follow Jason: X: https://twitter.com/Jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Thank you to our partners: (6:38) .Tech Domains - Apply for the Jam Session with JCal contest today at https://jamwithjcal.tech (24:05) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist (31:25) Micro1 - Visit https://www.micro1.ai/twist to open a talent search and get a 2 week free trial per hire. * Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups Substack: https://twistartups.substack.com * Subscribe to the Founder University Podcast: https://www.youtube.com/@founderuniversity1916

This Week in Startups is brought to you by… Squarespace - Turn your idea into a new website! Go to https://www.Squarespace.com/TWIST for a free trial. When you’re ready to launch, use offer code TWIST to save 10% off your first purchase of a website or domain. Lemon.io - Hire pre-vetted remote developers, get 15% off your first 4 weeks of developer time at https://www.Lemon.io/twist CommandAI. Seamlessly integrate an AI-powered guide into your software, making navigation intuitive and interactive. Visit https://www.command.ai/twist to get a custom live demo. * Timestamps: (0:00) Recall’s Sankari joins Jason (4:15) Explanation of automatic taxonomy creation and adding content to Recall (8:11) Recall’s augmented browser feature and web content indexing (10:26) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://www.Squarespace.com/TWIST (14:39) B2B applications, multiplayer mode, and capturing institutional knowledge (19:15) Lemon.io - Get 15% off your first 4 weeks of developer time at https://www.Lemon.io/twist (20:40) AI costs for summarization and model preferences (22:08) Personalized learning features and Recall pricing strategy (26:10) The concept of luxury software and jamming on potential features (31:00) CommandAI - Visit https://www.command.ai/twist to get a custom live demo. (32:34) LinkedIn integration and visual knowledge graph representation (35:26) Jason and Sanks play with the quiz section of Recall (40:43) Final thoughts on startup journey and investment opportunities * Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com/ Check out the TWIST500: twist500.com Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp Founders! Apply to LAUNCH: https://www.launch.co/apply * Check out Recall: https://www.getrecall.ai/ * Follow Sankari and Recall: X: X: https://x.com/getRecallAI LinkedIn: https://www.linkedin.com/in/sankari-nair-13a549a7 * Follow Jason: X: https://twitter.com/Jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Thank you to our partners: (10:26) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://www.Squarespace.com/TWIST (19:15) Lemon.io - Get 15% off your first 4 weeks of developer time at https://www.Lemon.io/twist (31:00) CommandAI - Visit https://www.command.ai/twist to get a custom live demo. * Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups Substack: https://twistartups.substack.com * Subscribe to the Founder University Podcast: https://www.youtube.com/@founderuniversity1916

Todays show: Alex Wilhelm joins Jason to discuss OpenAI's latest model and implications (11:49), Uber's partnership with Waymo and its implications (38:16), Analyzing Mr. Beast's content creation and business culture (1:01:21). and more! * Timestamps: (0:00) Jason and Alex kick off the show. (3:57) Highlights from the All-In Summit (9:16) Tackling media criticism and the state of journalism (10:23) Washington Post - TWiST listeners can subscribe for just 50 cents per week for your first year at https://www.washingtonpost.com/twist (11:49) Alex and Jason dive into OpenAI's latest model and implications (19:46) Examination of OpenAI's corporate structure and financing (20:39) Brex. Get the business account trusted by 1 in 3 US startups at ⁠⁠https://www.brex.com/twist24⁠ (21:51) Further analysis of OpenAI's business model (27:08) OpenAI's valuation and perspectives on speculative investment (30:26) AssemblyAI - Get 100 free hours to start building at ⁠https://www.assemblyai.com/twist (32:07) The landscape of AI startup investments (35:20) How AI is enhancing developer productivity (36:33) AI's potential in consumer markets (38:16) Uber's partnership with Waymo and its implications (41:15) The realities of autonomous vehicle technology deployment (47:00) The government's role in autonomous vehicle tech and partnerships with big tech (52:26) Economic insights: Predictions on the Fed rate cut (56:26) The influence of interest rates on startups and investment strategies (58:52) Discussing cost of living adjustments and food delivery trends (1:00:44) Innovations in autonomous food preparation (1:01:21) Analyzing Mr. Beast's content creation and business culture (1:09:12) How large companies can maintain focus on goals * Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com/ Check out the TWIST500: twist500.com Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Mentioned on the show: OpenAI o1’s announcement: https://openai.com/index/learning-to-reason-with-llms/ OpenAI release article on The Verve: https://www.theverge.com/2024/9/12/24242439/openai-o1-model-reasoning-strawberry-chatgpt Supermaven article: https://techcrunch.com/2024/09/16/ai-coding-assistant-supermaven-raises-cash-from-openai-and-perplexity-founders/ Twitter post from Michael Seibel: https://x.com/mwseibel/status/1835063692117103090 Waymo and Uber expand partnership: https://waymo.com/blog/2024/09/waymo-and-uber-expand-partnership/ Polymarket on Fed Interest Rates: https://polymarket.com/event/fed-interest-rates-september-2024?tid=1726496650092 Leaked Mr Beast doc: https://drive.google.com/file/d/11dV24Mda_kNEBCLtPtBomWG4IkngvQKK/view Travis Kalanick | All-In Summit 2024 video**:** https://www.youtube.com/watch?v=8j7lwauJN2s * Follow Alex: X: https://x.com/alex LinkedIn: ⁠https://www.linkedin.com/in/alexwilhelm * Follow Jason: X: https://twitter.com/Jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Thank you to our partners: (10:23) Washington Post - TWiST listeners can subscribe for just 50 cents per week for your first year at https://www.washingtonpost.com/twist (20:39) AssemblyAI - Get 100 free hours to start building at https://www.assemblyai.com/twist (30:26) Brex. Get the business account trusted by 1 in 3 US startups at ⁠https://www.brex.com/twist24 * Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups Substack: https://twistartups.substack.com * Subscribe to the Founder University Podcast: https://www.youtube.com/@founderuniversity1916

This Week in Startups is brought to you by… LinkedIn Ads. To redeem a $100 LinkedIn ad credit and launch your first campaign, go to https://www.linkedin.com/thisweekinstartups Runway. Looking to up-level your financial planning Runway is the modern and intuitive way to model, plan, and align your business for everyone on your team. Sign up at ⁠https://www.Runway.com/TWIST to get your first 3 months free. Beehiiv. Power your newsletters with AI tools, referral programs, and ad network features—all in one platform. Get 30 days free and 20% off your first 3 months at ⁠https://www.Beehiiv.com/TWIST * Todays show: Meghan Reynolds takes the stage at Liquidity Summit 2024 to discuss the intricacies of raising capital and pitching to VCs. Meghan dives into many topics including the importance of relationships (3:07), fund size rationalization (20:36), market sentiment (25:55), and other crucial aspects of successful fundraising! * Timestamps: (0:00) Meghan Reynolds takes the stage at Liquidity Summit 2024 (3:07) Meghan Reynolds’ talk “Relationship Advice: Of the LP / GP Sort” (9:43) LinkedIn Ads - Get a $100 LinkedIn ad credit at http://www.linkedin.com/thisweekinstartups (10:59) Client service in investor relations and fundraising strategies (15:07) The complexity factor in raising capital (19:19) Runway - Sign up at https://runway.com/twist to get your first 3 months free. (20:36) Rationalizing fund size, securing re-ups, and worst pitching practices (25:55) Market sentiment and single deal SPV dynamics (29:34) Beehiiv - Get 30 days free and 20% off your first 3 months at https://www.beehiiv.com/twist (31:02) VC allocations, private credit, and market dynamics * Subscribe to the TWiST newsletter: https://www.ticker.thisweekinstartups.com * Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Check out Altimeter: https://www.altimeter.com * Follow Meghan X: https://x.com/MeghanKReynolds LinkedIn: https://www.linkedin.com/in/meghankreynolds * Follow Jason: X: https://twitter.com/Jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Thank you to our partners: (9:43) LinkedIn Ads - Get a $100 LinkedIn ad credit at http://www.linkedin.com/thisweekinstartups (19:19) Runway - Sign up at https://runway.com/twist to get your first 3 months free. (29:34) Beehiiv - Get 30 days free and 20% off your first 3 months at https://www.beehiiv.com/twist * Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Substack: https://twistartups.substack.com Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups * Subscribe to the Founder University Podcast: https://www.founder.university/podcast

This Week in Startups is brought to you by… .Tech Domains. Don’t miss our “Jam with JCal” contest! To apply and get more details go to jamwithjcal.tech brought to you by .tech domains. Fidelity Private Shares. Manage your cap table and data room, get faster, more accurate 409A valuation and fully automate your next financing round. Visit https://www.fidelityprivateshares.com/ Mention our podcast and receive 20% off your first-year paid subscription. Oracle. Oracle Cloud Infrastructure, or OCI, is a single platform for your infrastructure, database, application development, and AI needs. Save up to 50% on your cloud bill at https://www.oracle.com/twist * Timestamps: (0:00) Jason joins Pejman Nozad and Jason Shuman at the Liquidity Summit 2024. (3:25) Pejman Nozad’s “How I Built a $100B Portfolio” (10:42) .Tech Domains. Don’t miss our “Jam with JCal” contest! To apply and get more details go to https://jamwithjcal.tech/ (21:34) Fidelity Private Shares. Visit https://www.fidelityprivateshares.com/ Mention our podcast and receive 20% off your first-year paid subscription. (23:50) Jason joins Pejman for a fireside chat. (36:33) Oracle. Save up to 50% on your cloud bill at https://www.oracle.com/twist (38:02) Jason Shuman’s “The New Power Law: Good vs Great Funds”: Subscribe to the TWiST newsletter: https://www.ticker.thisweekinstartups.com * Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Check out Pear: https://pear.vc/ Check out Primary: https://www.primary.vc/ * Follow Pejman Nozad: X: https://x.com/pejmannozad LinkedIn: https://www.linkedin.com/in/pejman/ * Follow Jason Shuman: X: https://x.com/JasonrShuman LinkedIn: https://www.linkedin.com/in/jasonshuman/ * Follow Jason: X: https://twitter.com/Jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Thank you to our partners: (10:42) .Tech Domains. Don’t miss our “Jam with JCal” contest! To apply and get more details go to https://jamwithjcal.tech/ (21:34) Fidelity Private Shares. Visit ****https://www.fidelityprivateshares.com/ Mention our podcast and receive 20% off your first-year paid subscription. (36:33) Oracle. Save up to 50% on your cloud bill at https://www.oracle.com/twist * Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Substack: https://twistartups.substack.com Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups * Subscribe to the Founder University Podcast: https://www.founder.university/podcast

This Week in Startups is brought to you by… 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 Squarespace. Turn your idea into a new website! Go to https://www.Squarespace.com/TWIST for a free trial. When you’re ready to launch, use offer code TWIST to save 10% off your first purchase of a website or domain. OpenPhone. Create business phone numbers for you and your team that work through an app on your smartphone or desktop. TWiST listeners can get an extra 20% off any plan for your first 6 months at https://www.openphone.com/twist * Todays show: Boom Supersonic’s Blake Scholl joins Jason to discuss the future of supersonic flight (1:18), Boom's vision and test flights (9:25), the evolution of hardware startups (22:29), the future of autonomous aviation (1:17:06), and much more! * Timestamps: (0:00) Boom Supersonic’s Blake Scholl joins Jason (1:18) Commercial flight speed & Concorde history (8:34) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist (9:25) Boom's XB-1 test flights and airline partnerships (15:04) Pricing, market comparison, and venture capital's view on hardware startups (21:16) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://www.Squarespace.com/TWIST (22:29) Evolution of startup market and hardware innovation (29:03) Boeing's innovation decline and attracting talent to projects (36:15) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist (37:42) Working with tech legends and overcoming engine design challenges (49:14) Cross-discipline innovation (57:01) Learning from Air France 447 and cockpit safety design (1:03:36) Cockpit technologies and the MH370 mystery (1:11:30) Public perception of aviation risks and airport security impact (1:17:06) The future of autonomous aviation * Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com Check out the TWIST500: https://www.twist500.com * Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Follow Blake: X: https://x.com/bscholl LinkedIn: https://www.linkedin.com/in/blakescholl Check out: https://boomsupersonic.com / https://x.com/boomaero * Follow Jason: X: https://twitter.com/Jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Thank you to our partners: (8:34) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist (21:16) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://www.Squarespace.com/TWIST (36:15) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist * Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups Substack: https://twistartups.substack.com * Subscribe to the Founder University Podcast: https://www.youtube.com/@founderuniversity1916