Andy Jassy’s lobbying efforts, small US cities enticing remote workers, Phaidra Series A | E1511

This Week in Startups

Jason Calacanis

Technology

4.4 • 1.3K Ratings

🗓️ 19 July 2022

⏱️ 59 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today, Amazon CEO Andy Jassy is celebrating his one-year anniversary, and the NYT published an interesting profile that has a lot to do with regulatory scrutiny (3:01). Then we cover the boom of remote work incentive programs all over the US to attract remote tech workers (27:00). And, we get into an awesome new company called Phaidra in our Series A segment… some former DeepMind engineers started an awesome machine learning company (40:16). And we wrap with a great story about retail investors who have the same thesis as Jason (47:51).

(0:00) Jason and Molly tee up today’s show

(3:01) NYT published a profile of Amazon CEO Andy Jassy on his one-year anniversary of becoming CEO, and it had some interesting tidbits

(12:28) LinkedIn Jobs - Post your first job for free at https://linkedIn.com/twist 13:44 More on the legislation discussed in the NYT article

(21:37) Microsoft for Startups Hub - Apply in 5 minutes, no funding required, sign up at http://aka.ms/thisweekinstartups

(22:54) Bezos is running for president (prediction)

(27:00) WSJ reported 71 cities and towns in the US are now offering remote work incentive programs

(37:19) OpenPhone - Get an extra 20% off any plan for your first 6 months at https://openphone.com/twist

(38:33) Producer Nick chimes in on remote workers in Manhattan

(40:16) Series A: Phaidra s a startup selling machine learning software that regulates temperatures at power plants and industrial factories

(47:51) WSJ reported some amateur investors see the declining state of the stock market as a chance to double down

(56:08) Over the weekend Jason tweeted, “Terrify your investors in 5 words.” These were the best replies

Transcript

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0:00.0	Hey, everybody. Welcome back. It's going to be a big week. Happy Monday, big
0:03.2	week coming on this weekend startups. Yes. Amazon CEO Andy Jassy is celebrating his
0:07.8	one year anniversary in the New York Times published a very interestingly timed piece
0:12.1	about his lobbying efforts. And we believe that this may have been placed as part of
0:19.6	Amazon's campaign against some regulatory scrutiny. Good follow up from Friday, where
0:24.0	we talked about those reports of Amazon cancelling its private label businesses. We're breaking
0:28.1	down some pending legislation and what it might mean for all the tech giants. And then
0:33.1	we cover the boom in remote workers getting incentives to move to Tulsa and other places
0:38.4	around the country turns out there's over 70 cities right now throwing money at tech
0:43.0	workers. And it's working. They're moving really interesting to see that team Tulsa. And
0:49.3	we get into an awesome new company called Fedra in our series a segment. Some former
0:53.5	deep mind engineers started an awesome machine learning company focused on energy efficiency.
0:59.5	And yes, don't cry. Molly, don't I know you like to cry. Don't cry with that. It's
1:04.3	just joyful. But yeah, we wrap on a great story about retail investors that are having
1:10.3	the same observation I'm having, which could be correct or not, but they're J trading.
1:14.2	And they're starting to put money into the stock market because they think it's a unique
1:18.7	opportunity to buy. This is not financial advice, but I'll be J trading the whole week
1:23.2	here on this weekend startups. In other words, doing live trades on the air so that you
1:27.3	can follow along on in your fake portfolio account. You do not need to follow my trades
1:35.7	and make bets when I make them. And if you do, only bet money you can afford to lose
1:40.1	because I'm going to be making some really crazy bets. It's going to be a great show.
1:44.1	It's going to be a great show. Stick with us.
	...

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