AI investments, VC ecosystem geography, and VC hypocrisy | E1956
This Week in Startups
Jason Calacanis
4.2 • 1.4K Ratings
🗓️ 27 May 2024
⏱️ 68 minutes
🧾️ Download transcript
Summary
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.
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Todays show:
David Weisburd hosts Jaime Matus, Michael Eisenberg, and Jason Calacanis to discuss AI investments and the potential washout of overfunded startups (4:11). They also touch on VC hypocrisy (38:47), and the role of geography in the VC ecosystem (54:53).
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Timestamps:
(0:00) David Weisburd intros Jaime Matus, Michael Eisenberg, and Jason Calacanis
(4:11) Pitchbook data summarizing the total amount of capital invested in AI
(12:12) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at http://www.Squarespace.com/TWIST
(16:33) Predicting a washout of overfunded AI startups and sky high valuations
(25:30) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist
(26:57) Discussing Michael Eisenberg's career and investment experiences
(37:22) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist
(38:47) Discussion on Greg Isenberg's tweet about VC hypocrisy
(54:53) Fundraising rankings by ecosystem
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Follow Jaime:
LinkedIn: https://www.linkedin.com/in/jaime-matus
Check out: https://www.invariantes.com
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Follow Michael:
X: https://x.com/mikeeisenberg
LinkedIn: https://www.linkedin.com/in/mieisenberg
Check out: https://aleph.vc
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Follow David:
X: https://twitter.com/DWeisburd
LinkedIn: https://www.linkedin.com/in/dweisburd
Check out: https://10xcapital.com
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Follow Jason:
X: https://twitter.com/jason
Instagram: https://www.instagram.com/jason
LinkedIn: https://www.linkedin.com/in/jasoncalacanis
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Thank you to our partners:
(12:12) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at http://www.Squarespace.com/TWIST
(25:30) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist
(37:22) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist
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Check out the Launch Accelerator: https://launchaccelerator.co
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Check out Founder University: https://www.founder.university
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Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp
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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
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Jason, I know you're in mourning. How are you holding up? |
| 0:03.2 | With the Knicks, we had a great season. |
| 0:06.0 | It was a battle of attrition, you know, if we had had our full compliment of All Stars, |
| 0:12.2 | O.G. Mitch Randall at heart, we would have |
| 0:16.4 | demolished the Pacers. They would have been swapped her gentlemen's sweep. |
| 0:20.8 | If we had made it through this series. |
| 0:22.7 | I was looking to come to a game with you, Jason, |
| 0:24.5 | when I'm in New York in a couple weeks, |
| 0:25.8 | but we've got to get deeper in the season in the playoffs. |
| 0:29.0 | Yeah, I, you know, I got lucky. |
| 0:30.6 | I got to go to two of the games versus the 76ers with David Adelman, who's one of the owners and |
| 0:37.6 | Fred now and that was a great rivalry. I'm sure that rivalry will happen next year in the Pacers, you know, now they're on our list. |
| 0:46.0 | But anyway, this isn't this weekend, Knickerbockers or the NBA. |
| 0:49.6 | This is liquidity where we talk about... |
| 0:51.6 | Yeah, we have the conference coming up in two weeks yes |
| 0:55.1 | we'll be in Napa what's the latest on the conference it's just a great group we |
| 0:59.9 | got a last-minute surge of people who wanted to come We tried to accommodate as many as possible. I'm trying to keep it. I was trying to keep it to 100. It's probably like more like a 125 right now, but it's just gees and LPs, high net worth individuals who are angel investors and |
| 1:16.3 | LPs and then everybody in between and it's just a way for us as a community to |
| 1:20.7 | get together have important discussions without founders in the room, without service providers in the room, just focused on that LPGP, startup investing and support system and how we look at the world and it's going to be a lot of like Sunday |
| 1:36.6 | Monday Tuesday night poker late at night you know activities incredible |
| 1:42.2 | restaurants incredible presentations and just really like a really |
| 1:46.4 | well utilized 72 hours of your life so you get in there Sunday night we end on Wednesday |
... |
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