Balaji’s $1M Bitcoin bet, banking crisis update, OpenAI launches GPT-4, and Jay Trading! | E1702
This Week in Startups
Jason Calacanis
4.2 • 1.4K Ratings
🗓️ 20 March 2023
⏱️ 67 minutes
🧾️ Download transcript
Summary
Rachel Reporting joins Jason to read the news! First, they give an update on the banking crisis and how it’s impacting startups (1:34). Then, they cover Balaji’s huge Bitcoin bet and his predictions for the future (14:17) before breaking down OpenAI’s launch of GPT-4 (35:07). Finally, Jason wraps up with some Jay Trading updates (57:28)!
(0:00) Jason kicks off the show
(1:34) Banking crisis update & how it affects startups
(10:11) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist
(11:14) Best practices for banking
(14:17) Balaji’s huge Bitcoin bet
(22:18) LinkedIn Jobs - Post your first job for free at https://linkedin.com/twist
(23:42) Balaji’s predictions for the future
(32:41) Ray Dalio’s The Changing World Order
(33:46) CacheFly - Get 10 Terabyte free forever if you signup at http://twist.cachefly.com
(35:07) A breakdown of OpenAI’s launch of GPT-4
(57:28) Jay Trade update
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Transcript
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| 0:00.0 | Hey everybody, it's Monday and we have an insane news day. |
| 0:03.6 | I've been on the road. |
| 0:04.3 | I was at South by Southwest. |
| 0:06.2 | So so much news backed up about chat GPT, open AI, |
| 0:10.0 | apologies, big Bitcoin bet, |
| 0:11.7 | the banking crisis, hyperinflation, so much macro stuff |
| 0:15.0 | that I thought we would have producer Rachel sit in |
| 0:17.2 | and read the news and I would respond to it |
| 0:20.2 | and give my insights. |
| 0:21.8 | This is just an action-packed episode |
| 0:24.6 | that includes three J-trades. |
| 0:26.2 | Two that occurred this morning and one that occurred on air. |
| 0:29.7 | It's gonna be a great show, so please stick with us. |
| 0:32.7 | This week in startups is brought to you by |
| 0:35.4 | the Embroger Startup Insurance Program |
| 0:38.0 | helps startups secure the most important types of insurance |
| 0:41.4 | at a lower cost and with less hassle. |
| 0:44.6 | Save up to 20% off of traditional insurance today |
| 0:48.3 | at Embroger.com slash twist. |
| 0:51.1 | While you're there, get an extra 10% off |
| 0:53.6 | using offer code twist linked in jobs. |
| 0:56.8 | A business is only as strong as its people |
... |
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