Ask Jason! + Streaming news with Lon Harris | E1579
This Week in Startups
Jason Calacanis
4.2 • 1.4K Ratings
🗓️ 7 October 2022
⏱️ 71 minutes
🧾️ Download transcript
Summary
Jason opens the show by answering listener questions for 20+ minutes! (1:19) Then, Lon Harris joins to break down Netflix's new mega-hit, the death of network TV, and more! (30:22)
(0:00) Jason tees up today's topics!
(1:19) How founders building hardware and deep tech products can more efficiently raise capital
(3:58) Settling Co-Founder disputes
(8:28) Jason's thoughts on Seattle as a place to live and as a startup hub
(9:58) Is now the right time to jump to FAANG with a high-paying role?
(13:06) Athletic Greens - Get 1 year of Vitamin D free and 5 free travel packs with your first purchase at athleticgreens.com/twist
(14:20) Benefits of taking VC for a founder that's already successfully bootstrapping
(19:40) How There Will Be Blood relates to entrepreneurship
(23:35) Is there an age cutoff for investing in founders?
(28:56) Revelo - Get 20% off the first 3 months by mentioning TWIST at https://revelo.io/twist
(30:22) Lon Harris joins the show to discuss the biggest stories in streaming
(34:17) Netflix has a new hit show about Jeffrey Dahmer
(38:48) Babbel - Save up to 55% off your language learning subscription at https://babbel.com/twist
(39:59) Understanding Netflix's numbers with the Dahmer show, and the financials around the show's creator Ryan Murphy
(47:30) Network TV is dying, Comedy Central's big mistake, and more general streaming talk
FOLLOW Lon: https://twitter.com/lons
FOLLOW Jason: https://linktr.ee/calacanis
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Transcript
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| 0:00.0 | Okay, everybody. It's Thursday. First up, I'm going to answer some amazing Ask Jason questions, including why a bootstrapped company might or might not take venture capital. It's a great question. |
| 0:08.6 | Why would you take venture capital if you don't need it? I also answer the question about there will be blood. |
| 0:12.8 | The famous film and why so many entrepreneurs seem to love this film. Then I will have Lon Harris on. He's back to talk about all the streaming. It's going to be an amazing show. Stick with us. |
| 0:22.8 | This week in startups is brought to you by Athletic Greens. Reclaim your health and arm your immune system with convenient daily nutrition. |
| 0:34.0 | Go to athleticgreens.com slash twist to get a free one year supply of immune supporting vitamin D and five free travel packs with your first purchase. |
| 0:44.5 | Revello. Looking to affordably scale your product development with global tech talent in U.S. time zones, higher vetted remote developers in Latin America with Revello. |
| 0:54.8 | Get 20% off for the first three months at Revello.com slash twist and Babel. Start your new language learning journey today with Babel. |
| 1:07.5 | Save up to 55% off your subscription when you go to Babel.com slash twist. That's b-a-b-b-e-l.com slash twist. |
| 1:18.9 | Okay, here's an interesting question. What do you think of founders that have great ideas, but those ideas require a lot of money up from before it can become profitable. |
| 1:27.4 | Many from series A won't be enough. Okay, so deep tech comes to mind. You want to build a battery company, you want to build a flying car. |
| 1:35.5 | This kind of stuff, if you're going to go for something where it requires $25 million in R&D, right? |
| 1:42.5 | It's kind of a bridge too far and you have to do one of two things. One, you have to break the company down to its component parts and maybe build something that takes a little less money. |
| 1:54.4 | This is very hard to do. In your mind, you're saying, well, I'm going to build an electric company boom that was making sonic jets. |
| 2:04.7 | That comes to mind, building an airplane. That's going to be hundreds of millions of dollars. I think they started with building a little prototype unit that was smaller and maybe that was going to cost $25 million or something. |
| 2:14.9 | But those things are really hard. You have to have a lot of credibility. How do you build credibility? You either go the credibility or you narrow the focus. |
| 2:20.7 | One way to narrow the focus is if you wanted to build a robot, let's say, to do deliveries, right? |
| 2:25.9 | Well, you could build that little robot that looks like R2D2 that you see delivering burritos and Berkeley and other places. |
| 2:31.6 | So there were companies that were going to build hardware like that. And so they did what they said, you know what? |
| 2:35.2 | Let's just hack it together and get an experiment going and show that this could work. So how do they hack it together? |
| 2:40.0 | Well, they put phones in them. They had cameras that LTE and a person was driving and they were walking behind it. |
| 2:46.7 | So if you've never seen this, people simulated a robot delivering a burrito by literally like they were driving a like what they call as RC cars. |
| 2:54.6 | Like they're driving a remote control car. They were walking behind it with like a little RC controller and somebody would order a burrito. |
... |
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