How JOKR lost $159 per order, rising startup valuations, OpenSea freezes stolen NFTs, Web 2 CEOs troll Web 3 | E1351

This Week in Startups

Jason Calacanis

Technology

4.4 • 1.3K Ratings

🗓️ 4 January 2022

⏱️ 68 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Jason and Molly cover how QuickCommerce startup JOKR lost $159 per order in the US in August (1:54), the state of startup valuations (25:57), Jason's case of COVID & the state of testing (32:00), OpenSea freezing over $2M worth of stolen NFTs (52:28) and they wrap with quick recap of the latest chapter of Web 3 Twitter beef featuring AirBnB CEO Brian Chesky and Box Founder Aaron Levie (58:24).

Transcript

Click on a timestamp to play from that location

0:00.0	All right, everybody. Welcome to the first episode of this week in startups 2022. It is Molly
0:05.0	Woods first official episode and she's a managing director here at launch the investment firm
0:10.2	that I started. So we're going to do a full new show today. Molly, tell the audience what we're
0:13.8	going to be talking about. So much tech news is off to a hot start in 2022. Quick commerce startup
0:19.3	Joker lost $159 per order in the US in August. We're going to talk about whether that is or is not
0:25.6	a large number. It is startup valuations also large numbers. We've got charts from pitch book
0:29.9	and the Wall Street Journal. COVID policy and testing failures, which is tech adjacent. Don't
0:36.4	worry. Open sea freezing over two million dollars of NFTs going against decentralization according
0:42.3	to some and a dramatic reading. I think this is going to be our new thing of an anti-web three
0:48.9	Twitter exchange between Aaron Levy box CEO and Brian Chesky Airbnb CEO who gets a little bit
0:54.4	of the either some bad head treatment for me if I'm being 100% honest. Stay tuned.
1:00.8	This week in startups is brought to you by market to hire. Need expert marketing help fast,
1:07.7	hire vetted marketing specialists this week from the company already used by Netflix,
1:13.0	all birds and more. Get $500 off your first hire at marketahire.com slash twist and news code
1:21.0	twist. Fellow.app is a game changer for all your one-on-ones and team meetings. Go to
1:27.6	Fellow.app slash twist to get $1,000 in credits. And Fandule Sportsbook. When you refer a friend
1:36.4	on Fandule Sportsbook, you'll be entered for a chance to win an all expenses paid trip to
1:42.4	Superbowl 56 for two people. And if you're new to Fandule, you can also sign up with promo code
1:48.8	twist to get your first bet risk-free up to $1,000. Let's get into the news. You want to read
1:57.2	the first story? You want me to read it? Tell me about this story. So this is absolutely amazing
2:02.8	and also I can fast I'd never heard of this company. So Joker, is that we're calling it?
2:07.5	Yeah, it's Joker. Wow, that's an unfortunate convergence of occurrences because Joker,
	...

Please login to see the full transcript.

Next episode

Disclaimer: The podcast and artwork embedded on this page are from Jason Calacanis, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Jason Calacanis and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.