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This Week in Startups

Circle’s IPO Soars, The Future of VC and Cursor’s Crazy Growth | E2135

This Week in Startups

Jason Calacanis

Technology

4.41.3K Ratings

🗓️ 7 June 2025

⏱️ 46 minutes

🧾️ Download transcript

Summary

Today’s show: Jason and Alex dicuss stories shaping the tech and startup world: Circle’s explosive IPO and what it signals about crypto regulation and public market sentiment, the potential for tokenized venture capital funds to bring liquidity and transparency to startup investing, and Cursor’s extraordinary growth—scaling to over $500M in ARR in just six months.


Timestamps:

(0:00) Episode Teaser(2:25) Circle’s IPO is Soaring and What This Means for Tech(10:21) LinkedIn Jobs - Post your first job for free at https://www.linkedin.com/twist(12:00) Is Tokenization the Future of Venture Capital?(20:20) Coda - Empower your startup with Coda’s Team plan for free—get 6 months at https://www.Coda.io/twist(22:40) Oh, THAT’S Why Anthropic Cutoff Windsurf(27:06) Can the Rippling - Deel Saga Get Anymore Bizarre?(30:22) Sentry - New users get 3 months free of the Team plan (covers 150k errors). Go to http://sentry.io/twist and use code TWIST(34:08) Cursor Just Keeps on Winning(43:10) Polymarket: What Will Jerome Powell Do?


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X: https://x.com/alex

LinkedIn: ⁠https://www.linkedin.com/in/alexwilhelm


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X: https://twitter.com/Jason

LinkedIn: https://www.linkedin.com/in/jasoncalacanis


Thank you to our partners:

(10:21) LinkedIn Jobs - Post your first job for free at https://www.linkedin.com/twist

(20:20) Coda - Empower your startup with Coda’s Team plan for free—get 6 months at https://www.Coda.io/twist

(30:22) Sentry - New users get 3 months free of the Team plan (covers 150k errors). Go to http://sentry.io/twist and use code TWIST


Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland


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Instagram: https://www.instagram.com/thisweekinstartups

TikTok: https://www.tiktok.com/@thisweekinstartups

Substack: https://twistartups.substack.com


Subscribe to the Founder University Podcast: https://www.youtube.com/@founderuniversity1916

Transcript

Click on a timestamp to play from that location

0:00.0

I think this is like a moment in time. This shows to me two things. Actually, three. Number one, Jeremy

0:06.2

Alair is an incredible entrepreneur. He builds real businesses. I've known him through three different

0:10.8

businesses, Bright, Pove, etc. Number two, it's about crypto regulation. So David Sachs, the

0:18.3

czar of crypto and SEC and this administration want to make clear rules.

0:25.6

Under Gary Gensler, it was, you know, our way or the highway, unclear.

0:30.2

I think people were, you know, unlikely to go public because they were a little bit nervous.

0:34.9

What if it gets unwound?

0:36.0

And so, in fact, Circle was going to go out via SPAC two years ago, three years ago. They chose not to, I think, because of the regulatory environment. So that's number two, is the crypto regulatory environment. Number three is public markets. You know, there's not enough opportunity for the dollar.

0:54.7

This weekend startups is brought to you by LinkedIn Jobs.

0:58.2

A business is only as strong as its people and every hire matters.

1:01.5

Go to LinkedIn.com slash twist to post your first job for free.

1:04.8

Terms and conditions apply.

1:07.2

Coda.

1:08.1

Cota empowers your startup by bringing words, tables, and teams together.

1:11.5

Strategize plan and track goals effectively with all your valuable data in one place.

1:15.6

Go to coda.io slash twist to get started for free and get six free months of the team plan.

1:21.3

And?

1:22.2

Sentry. Your team should be focused on shipping features, not chasing down bugs.

1:26.7

New users get three months free of the team plan, which covers 150,000 errors. Go to century.io slash twist and use the code twist.

1:34.4

Hey, everybody. Welcome back to this week and service. I'm your host, Jason Kellyanis with me again, Alex Wilhelm. We got a huge docket for the press and everybody wanting to aggregate my opinion on recent events on Twitter with some friends of mine and the president.

1:51.6

I am going to demure Alex from commenting because all that's going to do is get aggregated.

1:59.2

A friend of says X, Y, and Z. Uh, yeah, my opinion,

...

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