$140B streaming wars 2022 budget, Warren's bad "Big Grocery" take + Mac Conwell: Angel S6 E1 | E1359

This Week in Startups

Jason Calacanis

Technology

4.4 • 1.3K Ratings

🗓️ 13 January 2022

⏱️ 89 minutes

🔗️ Recording | iTunes | RSS

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Summary

First we talk about how the top streaming platforms projected to spend $140B on content in 2022 (2:18) and Elizabeth Warren’s bad take on grocery stores. Then Mac Conwell "Mac the VC" joins the show as the first guest for Angel Season 6 (49:29) to share his story and how he invests.

(00:00) Jason and Molly intro the show
(02:18) HBO to spend $18B on streaming in 2022, how does it stack up?
(10:39) Embroker - Get an extra 10% off insurance for your business at https://Embroker.com/twist
(11:58) Streaming history and Disney's massive growth
(20:52) Ourcrowd - Check out the deal of the week at https://ourcrowd.com/twist
(22:09) Elizabeth Warren's attack on big grocery
(31:450 Thinking about who might be a good fit on the TWIST team
(36:13) Intro to Angel S6
(37:10) LinkedIn Jobs - Go to https://linkedIn.com/angel and post your first job for free.
(38:40) Interview Mac the VC
(49:29) How Mac went about raising his fund
(58:49) Why Rolling Fund's aren't always LP friendly
(1:04:07) The unfortunate catalysts for Mac's venture career
(1:13:45) Investor update best practices
(1:18:07) Founder-investor match
(1:20:30) Responding to a provocative tweet

Check out RareBreed: https://www.rarebreed.vc/

FOLLOW Mac: https://twitter.com/MacConwell
FOLLOW Jason: https://linktr.ee/calacanis
FOLLOW Molly: https://twitter.com/mollywood

Transcript

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0:00.0	Hey, everybody. Welcome to another episode of this week in startups, your favorite tech, business,
0:04.5	news, podcasts. And we've got a great show for you today. First up, we're going to talk about
0:10.2	the streaming wars. All of these streaming platforms are going to spend $140 billion on content
0:16.3	in 2022. And we're going to break down their different approaches. We're going to go to an
0:20.0	archival clip of me on CNBC predicting Disney's ascension in this space. It's basically a reverse
0:26.0	professor G prediction. In other words, it's correct. Who's the sniper in all of this? Who sprays
0:31.2	and prays? It's a great overview of all the streaming platforms. We are also going to talk about
0:36.6	Elizabeth Warren's take on grocery stores and whether the senator is gaslighting or just doesn't
0:42.2	understand the grocery industry. Don't worry. This is not all politics. We really are trying to dig
0:46.3	into the economic understanding or lack thereof here and talk about what it means for when we talk
0:52.8	about how business works in this country. And then the first episode of Angel, season six,
0:59.3	Mac, the VC joins the show, the season's theme is first time funds and the discussion between Jason
1:04.7	and Mac, you are not going to want to miss. This is interesting. You guys covered so much social
1:09.6	and economic territory and also I learned a lot about raising a fund. And so we talked about Joe
1:15.8	Lawnsdale's crazy tweets. And we haven't talked about that on the show. It's going to be a great
1:20.8	episode. Sick with us.
1:25.2	Season six of Angel is brought to you by
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1:34.5	types of insurance at a lower cost and with less hassle. Save up to 20% off traditional
1:40.4	insurance today at inbroker.com slash twist. While you're there, get an extra 10% off using
1:47.5	offer code twist our crowd. Our crowd helps you invest early in pre IPO companies alongside
1:54.9	professional VCs. If you're interested in investing, you can join our crowd for free at OURCROWD.com slash
	...

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