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This Week in Startups

British pound crashes, Do Kwon's red notice, NASA's DART mission, TikTok nears US deal | E1570

This Week in Startups

Jason Calacanis

Technology

4.21.4K Ratings

🗓️ 26 September 2022

⏱️ 76 minutes

🧾️ Download transcript

Summary

J+M break down the British pound dropping below $1.04 (5:15), Interpol issuing a red notice for Do Kwon (27:07), NASA's DART mission (53:52), and TikTok discussing an agreement with the Biden administration! (59:44)

(0:00) J+M tee up today's topics!

(2:48) Importance of focus, avoiding the news cycle in the grand scheme of things

(5:15) British pound crashes to lowest level ever against the USD

(13:15) Indochino - Get $50 off any purchase of $399 or more by using code TWIST at checkout https://www.indochino.com

(14:38) Breaking housing and energy in the economy, income inequality's impact globally

(25:34) Grammarly - Sign up for a free and get 20% Grammarly Premium at https://grammarly.com/TWIST

(27:07) Interpol issues red notice for Do Kwon on behalf of South Korea

(35:39) LinkedIn Jobs - Post your first job for free at https://linkedin.com/twist 

(36:54) Do Kwon tweeting on the lamb, more theories around where he might head to

(47:15) New decentralized crypto derivatives platform Nibiru raises a $7.5M seed at a $100M valuation

(53:52) WLITF: NASA's DART mission and planetary defense

(59:44) The Biden administration drafted a preliminary agreement with TikTok to try and resolve national security concerns

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Transcript

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0:00.0

Hey, everybody. Welcome. It's Monday, Monday, Monday. We have a huge new show already. And we're

0:07.3

not even, we didn't even stockpile any news over the weekend. This is all just like breaking

0:13.1

today, maybe a little bit over the weekend, I guess. First up, we're going to talk about the

0:17.6

British pound crashing and possibility that could have parity with the US dollar, what that means

0:22.4

for startups and what it means just in terms of this macro monetary policy in relation to capital

0:28.6

allocation and just the economy writ large. Yeah, we're just going to dig into a little

0:33.7

fiscal and monetary policy and trickle down economics in the long, long history of what doesn't

0:37.7

does not cause inflation first thing on a Monday, no big. And then we're going into spy territory

0:43.3

with Interpol issuing a red notice for Dokewan. I'm sure he did nothing wrong. These are all

0:51.1

allegedly, but the South Korean government would like a work with Dokewan, who is

0:57.1

taunting them on Twitter, doesn't seem like a great strategy. And then we've got a crazy,

1:03.5

we live in the future story. I mean, this is like the most bananas show. Yeah,

1:10.3

for we live in the future, we're going to talk about this NASA asteroid defense mission where

1:13.9

they're going to crash a golf cart into an asteroid and try to knock it off of its trajectory

1:18.7

to make sure that should one be headed toward us and threatening an extinction level event,

1:22.9

we can just derail it. And I've been yelling at the moon for a year about TikTok.

1:29.6

Just throwing my fist in the air and nobody's listening and the Biden administration is asleep

1:34.0

at the wheel regarding TikTok and Chinese spyware. And sure enough, it turns out that our

1:41.0

government has been in deep negotiations trying to settle with Byte Dance and TikTok to make their

1:48.0

app maybe compliant and less spywish or maybe ban it. Anyway, it's going to be a great show.

1:55.5

It's going to be a great show, stick with us. This week in startups is brought to you by

2:00.5

Indochino makes custom fitted suits, shirts, and casual wear at affordable prices.

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