This Week in Startups
AI Producers, Tesla Robotaxis & the Rise of the “Tiny Teams” Era | E2142
updated
(3:02) Tom's journey to becoming the CEO of Oura
(7:05) The significance of subscription models for business operations & product innovation
(11:28) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist
(12:57) Oura's subscription-based business model
(23:04) Cultivating positive habits & Oura’s advanced tracking features
(26:26) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist
(27:47) Leading a company and instilling core values
(34:51) The impact of pausing marketing & harnessing the power of virality
(38:20) LinkSquares - The go-to for all your legal needs, learn more at linksquares.com/twist
(39:37) The ZIRP phenomenon and the challenges of scaling up
(45:00) Finding a strong product-market fit
(53:35) Merging personalization with consumer-focused approaches in healthcare
(1:03:45) Oura’s company culture
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(1:34) All-In Summit 2023 recap and Sunny’s experience
(7:44) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/TWIST
(9:07) OpenAI’s race to beat Google in launching the first multimodal LLM
(14:42) Experiences with image-generating AI and Midjourney's interface
(19:23) The culture at Apple and where risk aversion sets them back
(22:32) OpenPhone - Get 20% off your first six months at openphone.com/twist
(24:03) Google’s advantages and chances against OpenAI in multimodal LLMs
(31:30) Fitbod - Get 25% off at fitbod.me/twist
(33:00) UI developments and what sets multimodal LLMs apart
(44:22) ChatGPT Enterprise
(45:37) Sunny demos Canva’s ChatGPT plugin
(55:00) Code LLaMa's potential and Falcon 180B’s unique features
(59:41) Sunny demos Headshots AI
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(4:07) What carbon capture is and what makes it important
(6:15) The high levels of CO2 in the atmosphere
(9:46) LinkedIn Jobs - Post your first job for free at linkedin.com/unicorn
(11:02) CO2’s relationship to climate change
(19:05) Fount - Get $500 off at https://fount.bio/twist
(20:36) Direct air capture (DAC) technology developments and the cost of carbon capture
(26:17) What is takes to power a DAC system, resource efficiency, and Avnos’ unique HDAC
(32:33) Environmental conditions for DAC
(35:16) Catalog - Get $1200 off right now at trycatalog.com/twist
(36:45) The path to reaching net zero
(38:49) Monetization strategies
(42:46) The section 45Q tax credit legislation and the VC angle
(50:48) Avnos’ number one goal
(55:44) Mastering natural systems
(59:36) AI’s impact on DAC technology
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(3:12) Boll & Branch’s position in the market
(4:53) The origin story, insights gained about supply chains, and increasing product quality
(10:17) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/TWIST
(11:40) Going deep into the supply chain dynamics and Boll & Branch’s key innovation
(16:05) The benefits of organic cotton and creating a cost of goods advantage
(18:12) How traceability sets Boll & Branch apart as a textile brand
(24:40) Plunge - Go to plunge.com and use code twist150 for $150 off
(26:11) Hotels and the hospitality business
(28:02) The importance of Fairtrade certification and the boots-on-the-ground methodology
(38:33) NetSuite - Download your free KPI Checklist at http://netsuite.com/twist
(40:04) Human rights, inclusion, and global wages
(45:10) The impact of inflation post-covid and the changes in consumer behavior
(46:48) The cost of marketing and the channels that work
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(2:24) Where hardware and optimization stand today
(8:14) What goes into deploying and distributing an AI model into a product
(10:32) Roots - Head to investwithroots.com/TWIST to sign up and start investing today!
(12:02) Why companies make their own machine-learning software
(14:32) Nvidia’s outlook on what Modular is building
(18:46) Chris’s time at Apple
(20:05) Strategies for reducing complexity
(22:53) Awareness of underlying complexities in the technology stack
(25:14) Supergut - Get 30% off with code TWIST at supergut.com
(26:46) What it will look like in five to ten years; Increase consumption by creating new categories
(31:29) The open-source community; RISC-V and Arm
(34:15) LinkedIn Marketing - Get a $100 LinkedIn ad credit at linkedin.com/thisweekinstartups
(35:37) How Nvidia secured its position
(38:21) The AlexNet moment
(41:44) The AI wrapper debate
(44:32) OpenAI moving from non-profit to profit and open to closed-system
(46:32) The lack of programmers and the ability to do more with less
(52:09) Modular Mojo and other developments
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(3:58) Meeting Sam Bankman-Fried in the Bahamas and first impressions
(10:23) Vanta - Get $1000 off your SOC 2 at vanta.com/twist
(11:30) SBF, his colleagues, and a hint of substance abuse
(16:22) The group psychosis and how they learned to play the game
(24:51) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist
(26:13) Operations and red flags at Tether
(35:44) CLA - Get started with CLA's CPAs, consultants, and wealth advisors now at claconnect.com/tech
(37:15) Revisiting Zeke’s investigative journalism in Cambodia
(44:16) From organized crime to legitimate business
(46:59) Terraform Labs and the collapse of Luna
(49:05) The VC perspective and regulations in place
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(2:26) Becoming head of Google Europe and meeting Eric Schmidt, Larry Page and Sergey Brin
(10:15) OpenPhone - Get 20% off your first six months at openphone.com/twist
(11:46) Maintaining Google’s culture in Europe and thoughts on the hiring process
(15:23) Applying strategies learned from Larry Page to Palo Alto Networks
(17:59) Sub-categories of EQ manifested in the workplace
(22:12) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist
(23:41) What led Nikesh to become CEO of one of the top cybersecurity companies
(30:24) Cybersecurity defense against AI
(35:31) The SEC’s mandate on breach reporting
(38:35) LinkSquares - The go-to for all your legal needs, learn more at linksquares.com/twist
(39:51) The SEC’s mandate on breach reporting continued
(45:54) Gains from AI and what it means for organizations
(43:14) Precision AI’s role in security
(53:14) The future of AI technology and the battle of the chatbots
(57:41) Nikesh’s time at SoftBank working directly with Masayoshi Son
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(2:47) The expansion of the "Circular Economy" and what drives consumers towards Poshmark
(6:31) The most popular shopping categories and Poshmark’s day one vision
(11:51) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist
(13:20) Impact of the fast fashion movement
(20:56) Global shipping and areas for optimization
(24:38) Poshmark introducing live shows
(27:04) .Tech Domains - Apply to get your startup featured on This Week in Startups at https://startups.tech/jason
(28:12) The social shopping space
(32:59) Important factors in building a community
(37:52) Plunge - Go to https://plunge.com and use code twist150 for $150 off
(39:20) Lessons learned from Manish’s entrepreneurial journey
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(3:35) The state of the Silicon Valley ecosystem
(8:00) Supergut - Get 30% off with code TWIST at supergut.com
(9:31) “Crucible Moments” and their significance
(14:31) Pre-IPO vs. Post-IPO market values
(18:10) Founder ambition and mistakes made during “Crucible Moments”
(22:25) The importance of founders starting narrow and what makes a great VC in tech
(27:20) Coda - Get a $1,000 startup credit at coda.io/twist
(28:49) Commonalities between the AI boom and the crypto boom
(33:31) U.S. frameworks regarding crypto
(37:10) Mercury - Join 100K+ startups banking with Mercury at http://mercury.com
(38:23) The milestone-based reward system in venture capital
(43:24) Taking over as head steward at Sequoia Capital
(56:02) “Crucible Moments” at Sequoia
(1:05:57) Maintaining consistency in life and venture
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(3:12) The solution SaaSGrid provides for founders
(7:02) Ethan demos SaaSGrid
(9:25) House of Macadamias - Get 20% off and a free box of Namibian Sea Salted Macadamia Nuts at houseofmacadamias.com/twist by using code TWIST20
(10:45) Burn multiple and startup efficiency
(16:27) Fixed cost of a SaaS business today and major roadblocks in SaaS
(20:40) Determining target customers and when outbound makes sense
(25:10) Vanta - Get $1000 off your SOC 2 at vanta.com/twist
(26:18) Headwinds against SaaS and the software recession
(30:12) The MRR chart and analyzing contraction and churn
(35:13) Fitbod - Get 25% off at fitbod.me/twist
(36:41) AI’s impact on SaaS companies
(41:47) The ZIRP/COVID-19 bubble and founders skipping funding rounds
(44:37) The 3 MOST important things for SaaS companies to pay attention to
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(6:11) What Soups learned from his time as Coinbase’s director of risk management and data science
(8:36) LinkSquares - The go-to for all your legal needs. Learn more at https://linksquares.com/twist
(9:53) Fraud in finance and spotting bad actors
(15:03) “Pig Butchering” scams and Kitboga’s crackdown
(24:35) LinkedIn Marketing - Get a $100 LinkedIn ad credit at linkedin.com/nextunicorn
(26:02) Using machine learning to prevent future fraud
(29:48) Extrinsic AI vs. intrinsic AI and doomsday scenarios
(33:53) What sets Sardine apart from other companies
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(36:53) Overlap in techniques, actors, ect. in fraud protection
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(1:18) Theranos’ background and what prompted Vasu to pursuit
(7:56) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist
(9:16) Vasu demos how the VitalOne works, lessons learned on Vital’s journey
(18:45) Scaling the company, raising a war chest, building trust in the product, benchmarking and governance for labs
(27:36) OpenPhone - Get 20% off your first six months at openphone.com/twist
(29:07) State of lab robotics, paths for incorporating AI into Vital’s technology, benefits of converging technologies
(39:16) LinkedIn Jobs - Post your first job for free at linkedin.com/twist
(40:35) Creating accessible modern lab testing
(45:38) Consumer behavior and the outcome of consumers controlling spend
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(1:34) Atlassian origins, bootstrapping to IPO
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(13:43) Lessons from HipChat: Acquiring and growing the service, selling to Slack, what Scott would do differently
(19:39) Atlassian's two playbooks: bootstrapping and aggressive growth
(27:57) Supergut - Get 25% off with code TWIST at supergut.com
(29:27) How product-led growth leads to a sharper product team, how Atlassian is thinking about LLMs and generative AI
(38:20) Miro - Sign up for a free account at miro.com/startups
(39:43) Remaining flexible re: AI tools, utilizing customer data, when to expect major knowledge work breakthroughs in AI
(47:27) How Scott thinks about AI, remote work, and efficiency
(1:01:39) Staying motivated in Atlassian's third decade
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(1:43) The human dream of achieving life extension
(4:37) Celine’s background
(8:48) Fount - Get $500 off at https://fount.bio/twist
(10:19) Why Celine decided to start with a focus on dogs
(16:43) Wegovy, Ozempic, and the category of drugs that Loyal is developing
(20:44) Breaking down how the drugs work and the consequences of selective breeding
(24:21) LinkedIn Jobs - Post your first job for free at linkedin.com/unicorn
(25:36) Stem cell therapy and the placebo effect
(33:29) Environmental factors to consider in drug development
(37:05) The path to commercialization
(39:27) Catalog - Get $1200 off right now at trycatalog.com/twist
(40:56) Staying intellectually curious and the path to commercialization continued
(46:11) Hitting Series A milestones with less than $500K of the original $5M raised in seed round
(49:34) Lessons learned as a solo founder
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#startups #entrepreneurship #investing #angelinvesting #tech #news #business
#venturecapital #startup #tech #business #investing
(2:27) The significance of Instacart and Klaviyo’s IPO filings
(5:41) The VC exit market
(7:50) Vanta - Get $1000 off your SOC 2 at vanta.com/twist
(8:57) The exit market for LPs and over-indexing in venture
(13:57) VC bloat and current state of the market
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(22:13) Breaking down Instacart’s S-1
(28:56) Ad dollars moving to new platforms and the importance of being close to the sale
(33:26) Instacart GTV tail off
(36:30) Roots - Head to investwithroots.com/TWIST to sign up and start investing today!
(38:03) Breaking down Klaviyo’s S-1
(44:09) Why it is crucial for founders to retain ownership early on
(50:15) Writers suing OpenAI; are broad-based LLMs trained on tons of data becoming a liability?
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#startups #entrepreneurship #investing #angelinvesting #tech #news #business
Episode topics:
-Break down of Nvidia's insane earnings
-Arm's IPO filing
-Vetting accelerators for startup founders
-The greatest bag securer of all time
#entrepreneurship #investing #venturecapital #startups #nvidia
(3:58) Nvidia obliterating their Q2 earnings
(8:33) Crowdbotics - Get a free scoping session for your next big app idea at crowdbotics.com/twist
(10:01) This earnings report’s effects on stock, induced traffic, and the “sell the news” strategy
(16:02) Breaking down the numbers and the market cap chart
(21:31) Overcorrection in big tech companies, the rolling recession, and Nvidia as a momentum stock
(25:07) OpenPhone - Get 20% off your first six months at openphone.com/twist
(26:38) Arm filing its F-1 and SoftBank’s deal with Vision Fund
(34:39) Arm’s business model and the risks of whale customers
(37:53) Fitbod - Get 25% off at fitbod.me/twist
(39:22) Arm China’s risk to Arm
(46:17) The role of startup accelerators
(49:36) The constant complaints about YC valuations on YC demo day
(53:40) How raising at too high a valuation can lead to getting caught in a valuation trap
(56:10) The Fulcrum venture accelerator “scam” and how founders should vet accelerators
(1:03:53) The greatest bag securer of all time!
(1:13:41) Ryan Breslow’s “corporate wrongdoing”
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Listen here:
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#startups #entrepreneurship #investing #angelinvesting #tech #news #business
#entrepreneurship #robotics #tech #startups #ai #founder
(1:33) AI’s role in robotics and its value in e-commerce warehouses
(7:38) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist
(8:59) Reinforcement learning today and the AlphaGo moment
(13:50) The 2 key concepts of reinforcement learning
(17:35) Approaches to accessing data for AI in robotics
(20:35) Robotics hardware
(22:50) Vanta - Get $1000 off your SOC 2 at vanta.com/twist
(23:57) Covariant's hardware and software in use
(27:32) The importance of adaptability
(32:40) LinkedIn Marketing - Get a $100 LinkedIn ad credit at linkedin.com/nextunicorn
(34:08) The Tesla Optimus and humanoid robots
(39:58) Overcoming hardware constraints
(44:38) Boomerang investors and customers
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Check out Covariant: covariant.ai
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(1:08) Is Nvidia overvalued?
(6:05) Leveraging hardware gains
(9:46) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist
(11:02) Nvidia’s price targets and why Jason would not Jay Trade it
(16:43) Sunny demos rask.ai
(18:50) AI voice dubbing
(26:18) MasterClass - Get 15% off an annual membership at masterclass.com/startups
(27:51) Sunny demos a reconstructed Pink Floyd song from brain recordings
(33:28) Sunny demos GodMode
(37:43) Roots - Head to investwithroots.com/TWIST to sign up and start investing today!
(39:20) Sunny demos Pluto.fi
(46:34) Content theft and Sunny demos PlayHT
(55:47) Sunny’s X experiment
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Check out rask.ai: app.rask.ai
Check out GodMode: github.com/smol-ai/GodMode/releases/tag/v1.0.0-beta.2
Check out the Pink Floyd brain recording: https://news.berkeley.edu/2023/08/15/releases-20230811
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Listen here:
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(1:17) Life before DeepMind
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(10:05) DeepMind’s origin story
(15:58) The pitch to Peter Thiel and feedback from early investors
(19:34) DeepMind’s first project
(24:59) Crowdbotics - Get a free scoping session for your next big app idea at crowdbotics.com/twist
(26:27) The hardware revolution and growth in computing
(30:15) DeepMind’s acquisition by Google and strategy for building an elite team
(34:14) Major achievements at Google
(37:49) Carta - Get 10% off your first SPV at carta.com/twist with promo code TWIST
(39:22) Google’s cautious approach to releasing an AI product
(44:59) Regulatory issues and fair compensation
(49:45) The foundation of Inflection AI
(59:50) The downsides of AI and Mustafa’s book, The Coming Wave
(1:08:58) Complacency in tech and Mustafa’s thoughts on remote work
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(1:41) Delian’s insights on different aspects of venture capital
(8:35) Defense tech and silicon valley’s aversion to military
(10:48) Vanta - Get $1000 off your SOC 2 at vanta.com/twist
(11:56) The shift in silicon valley culture
(14:39) Culture wars and keeping everyone focused
(18:43) The inception of Varda
(23:15) Varda’s first provisions and overall mission
(27:14) CLA - Get started with CLA's CPAs, consultants, and wealth advisors now at claconnect.com/tech
(28:31) The customer base and transporting cargo into space
(33:14) LinkedIn Jobs - Post your first job for free at linkedin.com/unicorn
(34:30) Proving this is a sustainable business and “induced demand” in this area
(47:21) Government engagement in the startup community
(50:53) Progress around the globe and U.S. relationship with China
(58:27) Argyle CEO Maret Thatcher joins Jason
(1:03:50) Argyle’s product and Magic Leap’s role
(1:07:42) Video examples of the product in the field
(1:09:09) The customer base and how designs are rendered
(1:22:25) Business model and live demo of UI
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#startups #entrepreneurship #investing #angelinvesting #tech #news #business
#investing #venturecapital #tech #facebook
(2:41) The AI "wrapper" debate; VenturusAI is joining the LAUNCH Accelerator as the first full-circle demo-to-investment
(10:09) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist
(11:23) Klap.app turns YouTube links into multiple TikTok-style videos with captions and ranks them on "Virality Score"
(19:08) Kickresume uses generative AI tools to help users build a fully-fleshed out resumes and prepare for job interviews
(25:15) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist
(26:34) Browse AI helps users build AI-powered web scraping/data extraction bots with no code
(34:16) Oppwiser is an AI-powered lead gen platform for sales teams
(41:16) Eight Sleep - Go to eightsleep.com/twist to check out the Pod Cover and get $150 off at checkout!
(42:47) Tonebase CEO Igor Lichtmann joins to demo his music education startup, break down how he achieved product-market fit while maintaining capital efficiency, and more!
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Listen here:
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#startups #entrepreneurship #investing #angelinvesting #tech #news #business
(1:58) The creation of Zillow’s Zestimate
(7:03) “Tension and Importance” and empowering people in the workplace
(13:24) Crowdbotics - Get a free scoping session for your next big app idea at crowdbotics.com/twist
(14:53) Rich’s theories on branding and creating iconic names
(16:53) Navigating major layoffs
(22:02) Back to building top-tier brands, “What got us here, won’t get us there”
(27:54) OpenPhone - Get 20% off your first six months at openphone.com/twist
(29:25) Steering the complex dynamics of startup-attorney interactions
(33:22) Defying convention to create stellar products and the effects of digital currency
(37:54) Fitbod - Get 25% off at fitbod.me/twist
(39:23) Innovating in the real estate industry
(49:22) Lessons Rich learned from Bill Gates during his time at Microsoft
(57:04) How tech management has evolved
(1:01:27) How Covid-19 and remote work changed the landscape
(1:07:02) The concept of “iBuying”
(1:10:31) Continuous high-interest rates, “zoom towns”, and the “great reshuffling”
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(2:09) Proprio’s light field-enabled surgical technology
(7:03) Gabriel demos the Proprio Paradigm robotic computer vision system
(10:26) Superside - Go to superside.com/twist to get $2000 off with Superside's Startup Accelerator package
(11:58) Generational shifts in medicine
(18:03) The ultimate impact of this technology
(21:58) Vanta - Get $1000 off your SOC 2 at vanta.com/twist
(23:05) The data Proprio operates on and the struggles surgeons face today
(27:14) Bench-top simulation
(32:05) Use of AI and robotics in surgery today
(35:36) LinkedIn Marketing - Get a $100 LinkedIn ad credit at linkedin.com/nextunicorn
(37:03) The choice to utilize Proprio’s technology for spine surgery first
(39:03) Reducing the time needed to perform surgeries
(44:17) Academia vs. Venture, and the importance of “proof points” for investors
(46:44) The FDA approval process
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Check out Proprio: propriovision.com
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#startups #entrepreneurship #investing #angelinvesting #tech #news #business
(2:20) The pace of progress in the industry and influx of AI startups
(3:50) Sunny demos byword.ai
(9:58) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist
(11:19) Building a company today and improving LLMs
(17:21) Sunny demos Submagic
(23:53) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist
(25:09)Sunny demos ChatGPT’s new Custom Instructions feature
(29:40) TWiST's "all-star" summer and brief TWiST history
(39:13) House of Macadamias - Get 20% off and a free box of Namibian Sea Salted Macadamia Nuts at houseofmacadamias.com/twist by using code TWIST20
(40:33) Jason and Kelly kick off another $25K startup pitch competition!
(44:13) Rami pitches Querio.ai
(49:18) Batuhan pitches BeforeSunset.ai
(59:54) Allen Pitches Semanttic
(1:07:03) Kelly and Jason share thoughts, then Jason picks a startup!
(1:11:34) Q&A with Jason
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(1:21) The LK-99 superconductor and how Varda is involved
(4:19) Varda’s latest achievements in replicating the LK-99 superconductor
(8:05) Is this the real deal or just a strong diamagnetic effect
(11:00) OpenPhone - Get 20% off your first six months at openphone.com/twist
(12:30) Securing the material needed to run these experiments
(14:06) The increased interest in Varda and feedback from the community
(18:52) The culture shift in the tech industry
(25:06) Crowdbotics - Get a free scoping session for your next big app idea at crowdbotics.com/twist
(26:34) Brute force science: How innovation emerges and receives funding
(30:17) How the venture model has continued to evolve
(34:28) Superside - Go to superside.com/twist to get $2000 off with Superside's Startup Accelerator package
(36:00) Questions from the live audience
(40:46) Krepling’s Liam Gerada joins Jason for an update on his business!
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(1:10) Gaining access to datasets, avoiding copyright infringement, and why IP is protected
(6:29) The concept of fair use and when it applies
(11:26) What new founders should pay attention to
(14:59) The Github case
(17:42) Proper strategy for getting permission
(22:56) How startups get crushed with legal bills
(23:32) The Andy Warhol supreme court case
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(1:48) Photonic computing and the optic engines involved
(5:08) Lightmatter’s background and customer base
(9:24) The impact of this technology
(11:38) Carta - Get 10% off your first SPV at carta.com with promo code TWIST
(13:12) Catching up to demand and the endgame for process tech in semiconductors
(15:37) Using AI tools to build AI chips and the potential of data centers in space
(18:35) Fixing issues associated with advanced chips and supercomputers
(21:58) Eight Sleep - Go to eightsleep.com/twist to check out the Pod Cover and get $150 off at checkout!
(23:30) Where we are on the path to AGI
(26:17) Nick’s background in quantum computing
(29:15) The LK-99 superconductor
(33:42) LinkedIn Jobs - Post your first job for free at https://LinkedIn.com/unicorn
(34:58) Scientists gaining recognition and the app diversion
(40:17) LinkSquares CEO Vishal Sunak on going from $1M to $10M in ARR in 2 years
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(1:50) The “Quantified Self” movement and features that set Whoop’s product apart
(4:04) How the device interprets health data and obtains consistent results
(7:24) Whoop’s customer base
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(9:59) The decision to pivot to a subscription business model
(14:31) Amazon turning from a potential investor to failed copycat competitor
(20:09) Incorporating new strategies into the business
(24:49) CLA - Get started with CLA's CPAs, consultants, and wealth advisors now at claconnect.com/tech
(26:21) Developments since the product's inception
(31:38) Whoop Body and the driving paradigm behind the product design
(40:00) Notion - Try Notion Projects for free today at notion.com/twist
(41:26) What lies ahead and the future of wearable tech
(44:47) The ability to share the recorded health data
(47:20) AI utilizing large health datasets and the Whoop Journal
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(2:27) Using AI to analyze large datasets
(5:51) The WGA strike and Fable Studios’ AI-generated South Park episode
(12:29) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist
(13:45) AI-generated South Park continued
(16:58) What is lost with AI and the Modern Seinfeld Twitter account
(23:40) OpenPhone - Get 20% off your first six months at openphone.com/twist
(25:10) The pace of innovation with RunwayML
(31:06) Production studios sharing the wealth & alternative plans
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(37:25) Sunny showcases Folk app’s CRM
(45:29) Sunny demos Circleback
(51:32) Using Claude to break down an investor presentation and Sergey Brin back at Google
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(1:19) The increase in tech layoffs and AI startups
(2:52) Late-stage vs. early-stage investing and the seed-stage value chart
(5:48) Repricing options when underwater
(14:05) Disclosing revenue, burn rate, and growth rate
(18:08) RIFs and knowing your employees
(20:57) The long-term effects of remote work
(23:29) The use of AI and chatbots in law
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(3:22) Abridge's journey and tailwinds in the industry
(6:43) The sudden advancement in AI tech
(8:29) The importance of conversation in healthcare
(12:00) Crowdbotics - Get a free scoping session for your next big app idea at crowdbotics.com/twist
(13:29) Dr. Shiv demos Abridge
(21:49) Reinforcement training and building trustworthy models
(23:10) Use of this product in the field and feedback from clinics
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(28:00) Time saved using Abridge
(30:30) How patients interact with Abridge and data privacy
(35:56) LinkedIn Marketing - Get a $100 LinkedIn ad credit at linkedin.com/thisweekinstartups
(37:23) The future of the medical field
(49:11) The pace of healthcare today
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(2:32) Dev’s background and how MongoDB operates
(9:28) OpenPhone - Get 20% off your first six months at openphone.com/twist
(10:58) The last 9 months in tech and the pace of AI
(13:57) RIFs and staffing a modern-day tech company
(17:58) Remote, Hybrid, or back to the office
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(25:33) Hiring and inspiring the next generation
(28:47) The trust but verify operating philosophy
(31:32) Entitlement in the tech industry
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(37:17) Great leadership and managing a team
(41:14) Bad management and the feedback cycle
(53:30) Recruiting talent in the U.S.
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(3:19) Ryan’s decision to buy the Utah Jazz NBA team
(9:05) The Rudy Gorbet Utah Jazz deal
(12:05) Fin - Try Fin, Intercom's new AI customer support chatbot, at intercom.com/f
(12:46) The process of owning an NBA team while prepping for an IPO
(21:09) The impact of the midseason tournament
(23:30) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist
(24:50) Providing a better user experience with free-to-watch games in Utah
(26:37) Paradigm shifts in media and building an NBA media giant
(36:10) The importance of going direct in media
(39:52) Superside - Go to superside.com/twist to get $2000 off with Superside's Startup Accelerator package
(41:24) Qualtrics’ product evolution
(49:12) Ryan’s thoughts on AI’s impact on business
(54:49) Job displacement as a result of AI
(58:56) Qualtrics going from IPO prep to acquired to spin out IPO to a take-private in under five years
(1:03:31) The shift in the approach towards private and public companies
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(2:36) Dharmesh explains what prompted his angel investing journey
(6:19) HubSpots journey from startup to where it stands today
(8:48) Dharmesh’s decision to focus on Small Minus Big (SMB) investing
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(12:19) SMB investing conversation continued
(16:08) The difference in cycles between big and small businesses
(17:45) The best reason to start a company
(21:25) Ways to go about assessing ideas
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(28:34) Breaking down the entrepreneurial work ethic
(34:15) Anticapitalist sentiment in the U.S.
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(39:40) Starting a business in a downturn
(42:03) AI’s impact on business and Business Process Automation (BPA)
(46:39) Dharmesh’s thoughts on the next stage of AI and the effect on jobs
(54:41) How AI will lead to more efficient organizations and increase margins
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