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This Week in Startups

Dfinity’s ICP crypto complaint, Snap/Twitter earnings, China’s e-learning crackdown & more | E1252

This Week in Startups

Jason Calacanis

Technology

4.21.4K Ratings

🗓️ 23 July 2021

⏱️ 69 minutes

🧾️ Download transcript

Summary

In this rapid fire news episode, Jason covers a16z-backed Dfinity's crypto class action complaint (02:46), Snapchat and Twitter's massive earnings (19:33), the CCP considering turning it's ed-tech sector non-profit (34:15), Alphabet's new company (40:23), San Francisco's 17M sq. ft. of vacant office space (47:22), and then reflects on some old Disney+ predictions (58:28).

Transcript

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0:00.0

We have an amazing show for you today. We cover the following topics.

0:03.6

Definity, which is one of these crypto nonprofit associations that was backed by

0:09.4

injuries in Horowitz and they are in the middle of a class action complaint. They're going to

0:13.7

get sued because their token has gone from $750 down to 30. Be really careful in crypto folks.

0:20.6

It is the Wild West out there and we talk a little bit about utility tokens and what's going on

0:25.2

with these crazy products and projects and do they have even have any customers

0:29.5

on the other side of their great innovations I'm using your quotes.

0:33.1

We also break down a tremendous Q2 for Snapchat and Twitter both companies firing on all cylinders,

0:39.8

printing money, adding new features, delighting their customer base and they both share something

0:44.8

in common. Professor Galloway, ProfG predicted both would fail and both were disasters. Of course,

0:50.7

he's the disaster and once again terrible predictions from ProfG. Then we cover the CCP

0:56.6

considering turning all of their educational public companies into non-profits.

1:01.8

All these EDU companies out of China have had their stocks get absolutely decimated

1:07.8

20, 30, 50 percent down because China wants to ankle their own companies. What is going on

1:14.1

with the Chinese Communist Party? We've been talking about it a whole bunch the last two weeks

1:18.1

and finally we cover San Francisco's insane amount of commercial real estate that is going to take

1:25.3

decades to refill because San Francisco is a bit of a disaster and everybody's working

1:30.4

from home. Finally, we'll look at some old takes of me talking about Disney Plus

1:35.6

five years ago and years before Disney Plus ever existed stick with us. It's going to be a great

1:41.0

episode. This week in startups is brought to you by

1:44.8

com for business. Healthy and happy employees create successful companies and that's a fact.

1:52.1

Com for business can help your employees be their best selves at work.

...

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