This Week in Startups Jason Calacanis

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 http://www.vanta.com/twist

.Tech Domains - Don’t miss our “Jam Session with JCal” contest, coming soon! To apply and get more details go to https://jamwithjcal.tech brought to you by .tech domains.

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Todays show:

Alex Wilhelm joins Jason to discuss Nvidia's rise as the most valuable company (2:34), the GLP-1 phenomenon (11:50), the FTC suing Adobe (34:21), new TWIST500 companies (47:09), and more!

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Timestamps:

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

(2:34) Nvidia's rise as the most valuable company

(10:58) Vanta - Get $1000 off your SOC 2 at http://www.vanta.com/twist

(11:50) Eli Lilly and the GLP-1 Phenomenon

(23:42) .Tech Domains - Apply for the Jam Session with JCal contest today at https://jamwithjcal.tech

(25:08) Telehealth and its future

(33:00) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist

(34:21) FTC sues Adobe

(47:09) New TWIST500 Companies

(1:18:22) Would Amazon buy TikTok?

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Subscribe to the TWiST newsletter: https://www.ticker.thisweekinstartups.com

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

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Mentioned on the show:

https://companiesmarketcap.com

https://www.wsj.com/health/pharma/david-ricks-eli-lilly-ceo-a67f90d7

https://www.ftc.gov/news-events/news/press-releases/2024/06/ftc-takes-action-against-adobe-executives-hiding-fees-preventing-consumers-easily-cancelling

https://news.adobe.com/news/news-details/2024/Adobes-Statement-Regarding-Federal-Trade-Commission-Complaint/default.aspx

https://www.justice.gov/opa/pr/united-states-files-complaint-against-adobe-and-two-adobe-executives-alleged-violations

https://www.justice.gov/opa/media/1356176/dl?inline

https://www.sec.gov/Archives/edgar/data/1997859/000119312524162032/d396527ds1a.htm

https://www.color.com/blog/colors-copilot-and-partnership-with-openai

https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=202120220AB390

https://frame.work

https://creators.wattpad.com

https://www.royalroad.com/home

https://www.ft.com/content/e33cb565-6d44-4f9a-9105-f3afc03aa732

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New TWIST500 companies:

https://albedo.com

https://www.dawnaerospace.com

https://about.webtoon.com

https://www.spacex.com

https://www.color.com

https://www.biltrewards.com

https://sakana.ai

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Follow Alex:

X: https://x.com/alex

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

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Follow Jason:

X: https://twitter.com/Jason

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

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Thank you to our partners:

(11:58) Vanta - Get $1000 off your SOC 2 at http://www.vanta.com/twist

(23:42) .Tech Domains - Apply for the Jam Session with JCal contest today at https://jamwithjcal.tech

(33:00) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist

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

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Check out Jason’s suite of newsletters: https://substack.com/@calacanis

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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

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Subscribe to the Founder University Podcast: https://www.founder.university/podcast

This Week in Startups is brought to you by…

Squarespace. Turn your idea into a new website! Go to http://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.

LinkedIn Ads. To redeem a $100 LinkedIn ad credit and launch your first campaign, go to http://www.linkedin.com/thisweekinstartups

Mercury. With Mercury, you can simplify your financial operations with banking and software that power your critical financial workflows, all within the one thing every business needs, a bank account. And with new bill pay and accounting integrations, you can pay bills faster and stay in control of company spend. Apply in minutes at ⁠https://www.Mercury.com

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Todays show:

Alex Wilhelm joins Jason to discuss woke Google Maps (1:57), Bilt & Wells Fargo dynamics (16:20), AI progress in China and Japan (32:00), and more!

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Timestamps:

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

(1:57) Woke Google Maps

(9:44) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at http://www.Squarespace.com/TWIST

(16:20) Bilt and Wells Fargo fintech dynamics

(17:00) CNBC interview with Bilt founder Ankur Jain

(25:50) LinkedIn Ads - Get a $100 LinkedIn ad credit at http://www.linkedin.com/thisweekinstartups

(32:00) AI progress in China and Japan

(39:41 ) Mercury - Join 200K startups who use Mercury to operate at their best at http://www.mercury.com

(45:09) Defining AGI and its implications

(49:06) McDonald's AI ordering systems and their challenges

(1:04:37) Audience question on EU's AI Act and its impact on startups

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Subscribe to the TWiST newsletter: https://www.ticker.thisweekinstartups.com

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

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Mentioned on the show:

https://www.ft.com/content/357f3c68-b866-4c2e-b678-0d075051a260

https://www.theinformation.com/articles/openais-japanese-rival-gets-1-billion-valuation-from-silicon-valley-investors

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Follow Alex:

X: https://x.com/alex

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

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Follow Jason:

X: https://twitter.com/Jason

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

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Thank you to our partners:

(9:44) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at http://www.Squarespace.com/TWIST

(25:50) LinkedIn Ads - Get a $100 LinkedIn ad credit at http://www.linkedin.com/thisweekinstartups

(39:41 ) Mercury - Join 200K startups who use Mercury to operate at their best at http://www.mercury.com

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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

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Subscribe to the Founder University Podcast: https://www.founder.university/podcast

This Week in Startups is brought to you by…

Oracle - Oracle Cloud Infrastructure, or OCI, is a single platform for your infrastructure, database, application development, and AI needs. Take a free test drive of OCI at https://www.oracle.com/twist.

DevSquad - Most dev agencies only offer developers. Why? Because product management is hard. Get an entire product team for the cost of one US developer plus 10% off at http://www.devsquad.com/twist.

LinkedIn Ads - To redeem a $100 LinkedIn ad credit and launch your first campaign, go to http://www.linkedin.com/thisweekinstartups

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Todays show:

Will Guidara joins Jason to discuss the book Unreasonable Hospitality and how it relates to all businesses including startups (3:44), Will’s annual “The Welcome Conference” in NY (14:32), how the show The Bear lifted Will’s ‘NY street hotdog’ story and made it their own - which then led to his involvement with future seasons (36:19), and more!

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Timestamps:

(0:00) Will Guidara of Unreasonable Hospitality joins Jason.

(3:44) Important premises from the book Unreasonable Hospitality and how it relates to all businesses including startups.

(6:26) Will explains how it felt to see parts from his book appear on the hit show The Bear.

(8:13) Iconic examples of hospitality and how it can turn customers into advocates for your brand.

(10:04) Oracle - Take a free test drive of OCI at https://www.oracle.com/twist.

(11:08) Powerful examples of going above and beyond for your customer.

(14:32) Will’s annual “The Welcome Conference” in NY.

(20:57) DevSquad - Get an entire product team for the cost of one US developer plus 10% off at http://www.devsquad.com/twist

(22:13) Jason shares an anecdote of how he helps others.

(24:17) Will and Jason riff on interesting examples of unreasonable hospitality, including one that should exist for airplane passengers.

(30:44) LinkedIn Ads - Get a $100 LinkedIn ad credit at http://www.linkedin.com/thisweekinstartups

(32:12) A perspective shift that changes the value of call centers.

(36:03) How the show The Bear lifted Will’s ‘NY street hotdog’ story and made it their own - leading to his involvement for future seasons.

(40:21) Will feels that The Bear was able to craft and articulate his message spot on in one of their best episodes.

(42:22) How to gain from the addictive personality traits in the restaurant business.

(51:15) The “Chicken for Two” at the NoMad hotel.

(53:31) Breaking down the state of tipping culture and how its removal from Eleven Madison Park was highly successful.

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

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Check out Unreasonable Hospitality: https://www.unreasonablehospitality.com/

Sign up for Will’s newsletter: https://www.unreasonablehospitality.com/newsletter

Check out “The Welcome Conference”: https://www.thewelcomeconference.com/

Check out Will’s hospitality agency “Thank You”: https://www.thankyou.nyc/

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Follow Will:

X: https://x.com/wguidara

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

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Follow Jason:

X: https://twitter.com/Jason

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

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Thank you to our partners:

(10:04) Oracle - Take a free test drive of OCI at https://www.oracle.com/twist.

(20:57) DevSquad - Get an entire product team for the cost of one US developer plus 10% off at http://www.devsquad.com/twist

(30:44) LinkedIn Ads - Get a $100 LinkedIn ad credit at http://www.linkedin.com/thisweekinstartups

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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

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S

This Week in Startups is brought to you by…

Eight Sleep. Good sleep is the ultimate game changer. The newest generation of the pod, the Pod 4 ultra has arrived. Head to https://www.eightsleep.com/twist and use code TWIST to get $350 off the Pod 4 Ultra.

Zendesk. The best customer experiences are built with Zendesk. Qualifying startups can join their Startup program and get Zendesk products free, for six months! Visit http://www.zendesk.com/twist today to get started.

CLA. Innovation takes balance. CLA's CPAs, consultants, and wealth advisors can help you get from startup to where you want to end up. Get started now at ⁠https://www.claconnect.com/tech

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Todays show:

Alex Wilhelm joins Jason to discuss Waymo crash implications (3:53), Apple's AI announcements post-WWDC (17:17), inflation cooldown (27:21), and more!

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Timestamps:

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

(3:53) How Waymo handled a crash and self-driving car standards

(8:08) Eight Sleep - Head to https://www.eightsleep.com/twist and use code TWIST to get $350 off the Pod 4 Ultra.

(10:04) Car safety technology

(17:17) Apple's AI announcements and stock impact

(25:41) Zendesk - Get six months free at

http://www.zendesk.com/twist

(27:21) Inflation update: Recent CPI data and its implications

(33:34) High interest rate environment and venture capital

(40:48) CLA - Get started with CLA's CPAs, consultants, and wealth advisors now at ⁠https://claconnect.com/tech

(42:12) 10 companies most likely to IPO

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Subscribe to the TWiST newsletter: https://www.ticker.thisweekinstartups.com

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

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Mentioned on the show:

https://www.reddit.com/r/SelfDrivingCars/comments/1cxo27o/waymo_car_crashes_into_pole/

https://www.theverge.com/2024/6/12/24175489/waymo-recall-telephone-poll-crash-phoenix-software-map

https://techcrunch.com/2024/02/13/waymo-recall-crash-software-self-driving-cars/

https://techcrunch.com/2024/06/12/waymo-second-robotaxi-recall-autonomous-vehicle/

https://www.cnbc.com/quotes/AAPL?qsearchterm=aapl

https://www.bls.gov/news.release/cpi.nr0.htm

https://x.com/ashugarg/status/1800658425040253309

https://www.cnbc.com/quotes/US2Y

https://www.wsj.com/livecoverage/fed-meeting-fomc-interest-rate-decision-cpi-inflation-june-2024/card/traders-firmly-expect-a-rate-cut-in-september-q8qGgjh8jorUx56RBpK8

https://kalshi.com/markets/ratecutcount/number-of-rate-cuts#ratecutcount-24dec31

https://www.cnbc.com/2024/06/12/fed-meeting-today-on-interest-rate.html

https://www.crunchbase.com/organization/databricks

https://www.crunchbase.com/organization/gusto

https://archive.is/fGJav#selection-2217.0-2226.0

https://www.crunchbase.com/organization/shein-b79e

https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001514587&owner=exclude&count=40&hidefilings=0

https://www.crunchbase.com/organization/turo

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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:

(8:08) Eight Sleep - Head to https://www.eightsleep.com/twist and use code TWIST to get $350 off the Pod 4 Ultra.

(25:41) Zendesk - Get six months free at http://www.zendesk.com/twist

(40:48) CLA - Get started with CLA's CPAs, consultants, and wealth advisors now at ⁠https://claconnect.com/tech

*

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

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Subscribe to the Founder University Podcast: https://www.founder.university/podcast

This Week in Startups is brought to you by…

Squarespace. Turn your idea into a new website! Go to http://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.

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.

The Equinix Startup program offers a hybrid infrastructure solution for startups, including up to $100K in credits and personalized consultations and guidance from the Equinix team. Go to https://www.equinixstartups.com to apply today.

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Timestamps:

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

(1:50) Jumping into the keynote from Apple and whether or not it impressed.

(5:24) “Apple Intelligence” has landed!

(8:32) Reactions to the new Siri.

(10:00) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at http://www.Squarespace.com/TWIST

(12:42) The importance of Apple’s addition of “on-screen awareness”.

(16:30) Breakdown of Apple’s use of data with their AI.

(19:48) LinkedIn Jobs - Post your first job for free at https://www.linkedin.com/twist

(23:53) ChatGPT’s integration with Siri.

(26:32) Unpacking the “free” use of ChatGPT with Apple products.

(30:01) Equinix - Join the Equinix Startup Program for up to $100K in credits and much more at https://deploy.equinix.com/startups

(31:07) Discussing the relationships between OpenAI and Microsoft and now Apple.

(34:44) More “ooohs” and “ahhhs” from Apple’s new Image Playground.

(40:25) Jason breaks down other key announcements from WWDC 2024 including a password manager and Apple TV’s new “Insights”.

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

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Links:

Watch Apple’s WWDC 2024 Keynote: https://developer.apple.com/videos/play/wwdc2024/101/

Article on Fearless Fund: https://www.bloomberg.com/opinion/articles/2024-06-06/the-fearless-fund-should-keep-fighting-racism-in-venture-capital

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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:

(10:00) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at http://www.Squarespace.com/TWIST

(19:48) LinkedIn Jobs - Post your first job for free at https://www.linkedin.com/twist

(30:01) Equinix - Join the Equinix Startup Program for up to $100K in credits and much more at https://deploy.equinix.com/startups

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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

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Subscribe to the Founder University Podcast: https://www.founder.university/podcast

This Week in Startups is brought to you by…

Attio. A radically new CRM for the next era of companies. Head to https://attio.com/twist to get 15% off for your first year.

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

.Tech Domains - Don’t miss our “Jam with JCal” contest! To apply and get more details go to https://www.jamwithjcal.tech brought to you by .tech domains.

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Todays show:

Alex Wilhelm joins Jason to discuss concerns about the app "Fizz" (12:24), the state of seed (31:35), the first TWIST500 startups (58:58), and more!

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Timestamps:

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

(11:15) Attio - Head to https://attio.com/twist⁠ to get 15% off for your first year.

(12:24) Concerns about the app "Fizz" and the use of anonymity in social media apps

(19:14) The impact of anonymous apps on society, parenting concerns, and the responsibility of investors in harmful tech startups

(23:16) The case for banning smartphones in schools

(30:19) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist⁠

(31:35) The state of seed

(35:33) Impact of AI on startup efficiency

(38:17) .Tech Domains - Apply for the “Jam with JCal” contest today at https://www.jamwithjcal.tech

(39:45) The variety of seed deals

(45:13) How to leave and join a rival company legally

(58:58) The first TWIST500 startups

(1:05:48) Impact of AI on journalism and media companies

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

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Mentioned on the show:

https://www.wsj.com/tech/personal-tech/fizz-is-the-latest-campus-gossip-app-it-took-two-days-to-shake-up-one-high-school-1d59ffd4

https://www.businessinsider.com/gen-z-fizz-app-anonymous-messaging-cyber-bullying-vermont-2024-6

https://techcrunch.com/2023/08/10/insiders-bet-more-on-fizz-a-social-network-that-has-now-bubbled-up-at-80-college-campuses/

https://x.com/JonHaidt/status/1799525595509850522

https://techcrunch.com/2017/04/28/yik-yak-shuts-down-after-square-paid-1-million-for-its-engineers/

https://x.com/Jason/status/1799868195899376014/photo/1

https://techcrunch.com/2024/06/07/y-combinator-yc-startups-tiny-seed-rounds-vc-investors-not-interested/

https://x.com/dhh/status/1799427898652389827

https://ticker.thisweekinstartups.com/

https://www.forbes.com/sites/sarahemerson/2024/06/07/buzzy-ai-search-engine-perplexity-is-directly-ripping-off-content-from-news-outlets/

https://techcrunch.com/2022/06/24/zendesk-drama-concludes-with-10-2-billion-private-equity-acquisition

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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:

(11:15) Attio - Head to https://attio.com/twist⁠ to get 15% off for your first year.

(30:19) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist

(38:17) .Tech Domains - Apply for the “Jam with JCal” contest today at https://www.jamwithjcal.tech

*

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