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This Week in Startups

Best of This Week in Startups: Week of August 31st, 2020

This Week in Startups

Jason Calacanis

Technology

4.41.3K Ratings

🗓️ 5 September 2020

⏱️ 18 minutes

🧾️ Download transcript

Summary

Watch E1103 featuring Fast's Domm Holland:
https://rb.gy/wgw3mo

Watch E1104 featuring Degreed's David Blake:
https://rb.gy/nuj9we

Watch E1105 featuring foreign policy expert Jacob Helberg:
https://rb.gy/hvvzxf

Follow Jason: https://linktr.ee/calacanis

Transcript

Click on a timestamp to play from that location

0:00.0

And on the podcast today is a founder named Dom. You can follow him on the Twitter at D-O-M.

0:05.6

He seems to be highly active on the Twitter for his company.

0:10.3

Fast, but not Fast.com, because if you type in Fast.com, you'll get a speed test, which I'd use.

0:17.0

It's a pretty good speed test. I think it's sponsored by Netflix, and we'll tell you how fast your computer is going,

0:22.0

but he does Fast.co and the

0:24.6

companies raised a bunch of money and they're working in what people would

0:30.4

categorize as the check out space.

0:33.3

You know, critical part of any e-commerce business is getting people not only to

0:38.8

discover products, but eventually put them in a shopping cart and eventually get them to check out as fast as possible.

0:44.4

Is it over for retail? Is it going to be, what's the footprint going to be like in five years in your mind?

0:49.7

I absolutely believe it, believe it is, you that or are like drastically different and

0:55.0

not just in SF all around the world I can tell you in Australia you know there was

0:58.5

you know the average store was closing down you know over the last 10 years you know over the

1:04.7

last few years if you have a look we've had major retail chains major you know

1:09.4

going bankrupt and and being put into liquidation left right and center over the last few years and you know the trend was here well before COVID. COVID is just like stuck the knife in and screwed it.

1:19.0

I, it is not coming back to the same degree. there is always going to be a level of like

1:24.2

I think retail is just going to become the boutique you know the boutique offering right but it's it is

1:30.3

absolutely not going to be the mainstay I think that the adoption of e-commerce is only going to increase

1:36.6

and like dramatically even from here and and yeah retailers is just going to be radically different.

1:42.3

Commercial real estate is going to be radically different. Commercial real estate is going to be radically different.

1:44.0

Is this ultimately better for consumers or worse for consumers?

1:48.0

Let's take the consumer first.

...

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