Fireside chat with Jason Calacanis & Brad Gerstner hosted by Mubadala’s Ibrahim Ajami | E1746
This Week in Startups
Jason Calacanis
4.2 • 1.4K Ratings
🗓️ 19 May 2023
⏱️ 101 minutes
🧾️ Download transcript
Summary
This Week in Startups is presented by:
Squarespace. Turn your idea into a new website! Go to http://squarespace.com/TWIST for a free trial. When you’re ready to launch, use offer code TWIST to save 10% off your first purchase of a website or domain.
Trovata. Starting up is hard. Trovata makes managing cash easy. Start automating your cash management at http://trovata.io/TWIST.Use Code TWIST for 30% off one full year of premium features like AI forecasting.
OpenPhone. Create business phone numbers for you and your team that work through an app on your smartphone or desktop. TWiST listeners can get an extra 20% off any plan for your first 6 months at http://openphone.com/twist
Today’s show:
Jason and Brad speak with Mubadala Capital’s Head of Ventures, Ibrahim Ajami, at Hub71 in the UAE. The three discuss how startups can survive and thrive in an economic downturn (1:02) before diving into the sacrifices that founders must make to create an incredible product. (14:16) They also explain how the AI revolution will affect software, startups, capital allocators, and more! (40:36)
Follow Mubadala: https://twitter.com/MubadalaCapital
Follow Ibrahim: https://twitter.com/IbrahimAjami
Follow Hub71: https://twitter.com/hub71ad
Follow Brad: https://twitter.com/altcap
Time stamps:
(0:00) Nick kicks off the show
(1:02) Surviving the downturn
(12:46) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/TWIST
(14:16) Sacrificing to build a great product
(26:34)Trovata - Use code TWIST at https://trovata.io/twist for 30% off one year of premium features, like AI forecasting
(27:47) Brad’s letter to Mark Zuckerberg and AI creating ultra-efficient startups
(39:02) OpenPhone - Get 20% off your first six months at https://openphone.com/twist
(40:36) The AI revolution
(50:48) The implications of AI on the software industry
(55:50) Creating the Silicon Valley culture
(59:32) Reflecting on the success of the Launch Accelerator
(1:06:23) Building culture within your firm and dealing with failure
(1:19:03) Opinions on WFH
(1:25:05) Recognizing product velocity
(1:29:11) Advice for young founders
(1:34:47) Advice for founders in emerging markets
Read LAUNCH Fund 4 Deal Memo & Apply for Funding
Great recent interviews: Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland, PrayingForExits, Jenny Lefcourt
Check out Jason’s suite of newsletters: https://substack.com/@calacanis
Follow Jason:
Twitter: https://twitter.com/jason
Instagram: https://www.instagram.com/jason
LinkedIn: https://www.linkedin.com/in/jasoncalacanis
Follow TWiST:
Substack: https://twistartups.substack.com
Twitter: https://twitter.com/TWiStartups
YouTube: https://www.youtube.com/thisweekin
Subscribe to the Founder University Podcast: https://www.founder.university/podcast
Transcript
Click on a timestamp to play from that location
| 0:00.0 | On today's show, we have a fireside conversation between Jason, |
| 0:04.0 | altimeters Brad Gerstner, and Mubadalus head of ventures, Ibrahim Adjemy. |
| 0:08.9 | The conversation took place at Hub 71 in Abu Dhabi. |
| 0:12.5 | Stick with us. |
| 0:14.3 | This week in startups is brought to you by Squarespace. |
| 0:18.0 | Turn your idea into a new website. |
| 0:20.2 | Go to squarespace.com slash twist for a free trial. |
| 0:23.6 | When you're ready to launch, use offer code twist to save 10% off your first purchase of a website |
| 0:29.0 | or domain. |
| 0:30.1 | Trovada. |
| 0:31.2 | Starting up is hard. |
| 0:32.7 | Trovada makes managing cash easy. |
| 0:35.4 | Start automating your cash management at trovada.io slash twist. |
| 0:40.2 | Use code twist for 30% off one full year of premium features, |
| 0:44.8 | like AI forecasting. |
| 0:46.4 | And open phone brings your team's business calls, |
| 0:49.9 | texts, and contacts into one delightful app that works anywhere. |
| 0:54.3 | Get 20% off your first six months at openphone.com slash twist. |
| 1:02.5 | Welcome to Abu Dhabi. |
| 1:04.4 | How you guys feeling? |
| 1:05.1 | You just arrived? |
| 1:06.3 | Incredible to be here. |
... |
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