Google, Microsoft, and Snap earnings, plus the state of VC in the Middle East | E1834
This Week in Startups
Jason Calacanis
4.2 • 1.4K Ratings
🗓️ 25 October 2023
⏱️ 58 minutes
🧾️ Download transcript
Summary
This Week in Startups is brought to you by…
Embroker. The Embroker Startup Insurance Program helps startups secure the most important types of insurance at a lower cost and with less hassle. Save up to 20% off of traditional insurance today at https://Embroker.com/twist. While you’re there, get an extra 10% off using offer code TWIST.
CLA. Innovation takes balance. CLA's CPAs, consultants, and wealth advisors can help you get from startup to where you want to end up. Get started now at https://CLAconnect.com/tech
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Today’s show:
Jason kicks the show off with a discussion on the state of venture capital in the Middle East (1:34). Then, he breaks down Q3 earnings reports for Google, Microsoft, and Snap (18:12), and much more!
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Time stamps:
(0:00) Jason kicks off the show
(1:34) The state of VC in the Middle East
(10:15) The founder ecosystem and adapting to EU regulations
(13:57) Updates on "THE LINE"
(16:45) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist
(18:12) Google Q3 earnings
(22:48) Microsoft Q3 earnings
(28:21) CLA - Get started with CLA's CPAs, consultants, and wealth advisors now at https://claconnect.com/tech
(29:57) Snap’s Q3 earnings
(38:33) InTouchCX - Get started with a free consultation at http://intouchcx.com/twist
(39:57) Snap’s Daily Active Users (DAU)
(43:15) Frameworks for investing in consumer internet companies
(44:56) Greycroft layoffs
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | They painted this as a break off, |
| 0:01.7 | does like struggling or some kind of train wreck. |
| 0:05.0 | I can assure you this is like a sign of actual strength. |
| 0:08.9 | What they should be saying is, |
| 0:10.4 | break off has the Hutzbaugh, |
| 0:12.6 | despite having $25 million a year in fees on their billion dollars. |
| 0:18.6 | They have the Hutzbaugh to let go of a couple people |
| 0:20.8 | and refocus and add some people |
| 0:22.4 | and you know, make some trades for their team. |
| 0:24.7 | This is like trading, you know, a starter, |
| 0:27.3 | you know, on your team and like two of your bench players, |
| 0:30.4 | rotation players to get slightly better, |
| 0:33.4 | you know, a slightly better starter |
| 0:34.7 | and a couple of better rotation players. |
| 0:37.4 | This is far from a sign of weakness. |
| 0:39.0 | This week in Startups is brought to you by |
| 0:41.7 | Embroker's Startup Insurance Program |
| 0:43.8 | helps start up secure the most important types of insurance |
| 0:46.6 | at a lower cost and with less hassle. |
| 0:49.1 | Save up to 20% off of traditional insurance today |
| 0:52.5 | at Embroker.com slash twist. |
| 0:55.4 | While you're there, get an extra 10% off |
... |
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