Amazon’s Dave Clark joins Flexport, Bird layoffs, Twitter’s bring-your-own algo, Multiverse, Ken Griffin gets into crypto | E1479

This Week in Startups

Jason Calacanis

Technology

4.4 • 1.3K Ratings

🗓️ 9 June 2022

⏱️ 88 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today, we talk about Flexport Founder Ryan Petersen bringing on Amazon’s Dave Clark to be CEO (2:56). Then, we discuss Bird laying off almost a quarter of their team (17:32), and we talk about Twitter working on a bring-your-own algorithm feature (28:24). Our Startup of the Day is Multiverse, a startup building a pipeline of apprenticeships as a college alternative (37:47). We cover Citadel getting into crypto (47:25) and SEC Chair Gary Gensler hinting there might be some overhauls coming to payment for order flow (54:33). We end with a recap of Jason on Megyn Kelly’s show (1:00:10) and Kara Swisher leaving NYT for Vox (1:17:07).

(0:00) Jason and Molly tee up today’s tech news
(2:56) Flexport founder, Ryan Petersen announced that he recruited the former Amazon Consumer CEO Dave Clark to join Flexport
(10:27) Coda - The All-in-one doc for teams, get a $1,000 credit at https://coda.io/twist
(11:42) Climate tech being driven by consumers, wrapping up Flexport story
(17:32) Bird to lay off 23% of its staff, accounting for ~138 workers
(27:09) Odoo - Get your first app free and a $1000 credit at https://odoo.com/twist
(28:24) Twitter working on custom timelines according to app researcher Jane Wong
(36:33) ActiveCampaign - Get 10% off your ActiveCampaign subscription today at https://activecampaign.com/promo/twist
(37:47) SotD: Multiverse - Companies like Microsoft, Citi, and Verizon are opening up new career pathways without college using the Apprenticeship matching startup Multiverse
(47:25) Citadel Securities Is Building a Crypto Trading Marketplace (According to Coindesk Sources)
(54:33) SEC Chair Gary Gensler hinted that there might be some overhauls coming to PFOF (payment for order flow)
(1:00:10) Jason on Megyn Kelly
(1:17:07) Kara Swisher leaving NYT for Vox
(1:24:17) If you are a founder pre-series A, you are invited to our Founder University Two-Day intensive on June 13-14!

Transcript

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0:00.0	Hey, everybody, we got a big new show for you today.
0:02.3	It is Wednesday, we're at the top of the mountain.
0:04.0	It's windy up here in Mollie.
0:05.2	It's a lot going on.
0:06.2	It's windy and there's an avalanche of news.
0:08.9	So a little thing that went by the other day
0:10.6	that we didn't even get around to covering
0:13.0	was the fact that the head of Amazon's consumer retail
0:16.3	division, Dave Clark, left.
0:19.3	But then today come to find out he is going to be the new CEO
0:23.0	of Flexport, meaning that founder, Ryan Peterson
0:28.3	is stepping back to be executive chairman.
0:29.9	It's a lot of time out there.
0:31.1	Amazing, great job.
0:32.2	That's a serious get.
0:33.4	And the scooter app bird is laying off almost a quarter
0:36.8	of its team.
0:37.8	We're going to talk about these layoffs in context
0:39.4	and how you can learn for the message capital allocator
0:41.7	or a founder or somebody who's working
0:43.6	in the startup industry.
0:45.2	Yeah, speaking of birds, I believe I've heard a little bird
	...

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