E1064: News Roundtable! Sam Parr & Zach Coelius on Barstool Sports vs. Call Her Daddy, SoftBank’s $17B loss, TikTok poaches former Disney exec as CEO, Facebook launches Shops & more!

This Week in Startups

Jason Calacanis

Technology

4.4 • 1.3K Ratings

🗓️ 21 May 2020

⏱️ 63 minutes

🔗️ Recording | iTunes | RSS

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Summary

0:51 Jason intros Zach Coelius & Sam Parr
2:28 Barstool Sports vs. Call Her Daddy
6:49 Penn National Gaming stock soaring, Dave Portnoy winning this controversy
13:17 SoftBank reports $17.7B annual loss, worst figures in 39-year history
17:19 Does SoftBank's involvement typically include a loss of focus for the founder?
21:43 TikTok’s parent co. Bytedance trades at a $140B valuation, poaches Disney’s former Head of Streaming as new CEO of TikTok
25:08 Was Kevin Mayer wrong to take this role? Are TikTok's recommendation algorithms the best in the world?
28:52 How do Chinese companies grow so rapidly?
32:06 Facebook launches Shops, is Zuck trying to kill e-commerce giants? Zach on his experience with Facebook slowly killing his business
40:06 How does Facebook's product organization work?
47:13 Jason on the future of social networks
49:56 Amazon potentially acquiring AMC Theatres, could this be an Amazon Prime upsell?
53:52 Everyone gives their best idea for Amazon's first move after buying AMC
59:59 Zach on his quarantine deal flow

Transcript

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0:37.4	This fund will deliver resources directly to organizations that can help make the most immediate impact in the fight against COVID-19.
0:46.5	Learn more at CVB.com.
0:50.3	Impact.
0:51.5	All right, everybody, welcome back to this week in startups.
0:53.9	It is, what is it, May 20th, 21st, when you're hearing this, Thursday, May 21st.
1:00.2	And we're going to do another news roundtable.
1:02.1	We're in the middle of the pandemic, but things seem to be winding their way slowly,
1:08.0	securitously, here in the Bay Area to reopening. Who knows what that will look like? We'll talk about that as well, but we're going to cover the news because even during a pandemic, technology companies, media companies are extremely active. In fact, it feels like things are more active now than they've ever
1:25.6	been. So business is continuing and I'm really excited to have Zakkolius back on the program.
1:30.8	He's a managing partner at Kolius Capital. You could follow him on the
1:34.2	Twitter, Zach Coelius, COE L I U.S. and he invests in startups. We do it together sometimes and he's just
1:40.9	a world-class investor in human being.
1:43.0	Welcome back to the program, Zach.
1:44.7	Thank you.
	...

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