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Startups For the Rest of Us

Episode 640 | Hot Take Tuesday: Recession and Bootstrappers, ChatGPT, Twitter Drama

Startups For the Rest of Us

Rob Walling

Management, Entrepreneurship, Business, Marketing

4.8792 Ratings

🗓️ 20 December 2022

⏱️ 45 minutes

🧾️ Download transcript

Summary

In episode 640, join Rob Walling, Einar Vollset, and Tracy Osborn for Hot Take Tuesday, where they analyze and discuss some of the latest news. We dig into ChatGPT, the new tool everyone is talking about from OpenAI. We also discuss Elon Musk acquiring Twitter and the drama around this entire endeavor and whether or not the U.S. is in a recession right now. Topics we cover:  2:06 - ChatGPT 14:29 - Is there a path to bootstrap an AI startup? 18:59 - Is the U.S. in a recession right now? 29:37 - Elon Musk acquiring Twitter and the drama around his early moves Links from the Show: Tracy Osborn (@tracymakes) I Twitter Einar Vollset (@einarvollset) I Twitter ChatGPT  If you have questions about starting or scaling a software business that you’d like for us to cover, please submit your question for an upcoming episode. We’d love to hear from you. Subscribe & Review: iTunes | Spotify | Stitcher

Transcript

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0:00.0

It's a bird, it's a plane, it's another episode of startups for the rest of us.

0:04.7

I'm your host Rob Walling.

0:06.0

Today is another episode of Hot Take Tuesday.

0:12.4

This is our news roundup format where we take the most important news stories of the day that affect bootstrapped and mostly bootstrapped SaaS founders.

0:22.1

And we bat them around and we give our hot takes on topics today, ranging from whether we are

0:27.1

actually experiencing a recession, how to think about that as a startup founder.

0:32.5

We dig into chat, GPT, which is the OpenAI project that is all the buzz right now.

0:39.2

And we talk about Elon Musk acquiring Twitter and the drama,

0:43.2

or lack of drama, depending on your perspective, around this entire endeavor.

0:48.3

But as always, we relate it back to bootstrapped and mostly bootstrapped startup founders

0:52.3

who are trying to figure out how these events impact us

0:56.1

and our companies, if at all.

0:58.5

And all the while, I tried to keep my guests from derailing the podcast episode.

1:03.2

So with that, let's dive in.

1:05.0

Thank you. Our first panelist for Hot Take Tuesday

1:19.7

is Tracy Makes on Twitter.

1:24.5

Tracy Osborne, welcome back to the show.

1:26.5

Happy to be here.

1:28.8

We had some good topics today. Our other panelists, many of you know him well, this dowered gentleman to my left,

1:35.5

Mr. Anar Volsett, whose Twitter feed is filled with things that only make sense if you are

1:39.9

actively watching the World Cup or a Giants game. Anna Volset, welcome to the show.

1:44.7

Thank you very much.

...

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