IRL to shut down after faking 19M users, ZIRP fraud, Databricks acquires MosaicML for $1.3B | E1768
This Week in Startups
Jason Calacanis
4.2 • 1.4K Ratings
🗓️ 27 June 2023
⏱️ 80 minutes
🧾️ Download transcript
Summary
This Week in Startups is presented by:
Notion just launched Notion Projects, which includes new, powerful ways to manage projects and leverage the power of their built-in AI features too. Try it for free today at notion.com/twist.
LinkedIn Jobs. A business is only as strong as its people, and every hire matters. Go to LinkedIn.com/TWIST to post your first job for free. Terms and conditions apply
Fin can’t burn its mouth on hot pizza. Or wave at someone who wasn’t waving at them. Fin can resolve half of your customer support tickets instantly before they reach your team. Meet Fin. A breakthrough AI bot by Intercom – ready to join your support team today. Visit https://intercom.com/fin
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Today’s show:
Jason is joined by Vinny Lingham to break down IRL shutting down after faking 95% of users (1:12), ZIRP fraud (12:59), Databricks acquiring MosaicML for $1.3B, and some AI demos! (1:02:31)
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Check out Waitroom: https://waitroom.com/
Follow Vinny: https://twitter.com/vinnylingham
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Time stamps:
(0:00) Vinny joins Jason
(1:12) IRL's 19M fake users
(5:45) Twitter bots and the fake account problem
(11:50) Notion - Try it for free today at https://notion.com/twist
(12:59) Diligence in early-stage startups
(20:59) Databricks acquires MosaicML for $1.3B
(27:02) LinkedIn Jobs - Post your first job for free at https://linkedin.com/twist
(33:09) Testing Google’s new generative search
(37:47) Fin - Try Fin, Intercom's new AI customer support chatbot, at https://intercom.com/fin
(38:31) Testing generative search on the most expensive steaks in Los Angeles
(41:56) Vinny's thoughts on Toxic Wealth and the Titan tragedy
(53:34) DeepMind CEO says Gemini is more capable than ChatGPT
(1:02:31) Vinny demos Colorize and Replika
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Read LAUNCH Fund 4 Deal Memo: https://www.launch.co/four
Apply for Funding: https://www.launch.co/apply
Buy ANGEL: https://www.angelthebook.com
Great recent interviews: Steve Huffman, 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
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Follow Jason:
Twitter: https://twitter.com/jason
Instagram: https://www.instagram.com/jason
LinkedIn: https://www.linkedin.com/in/jasoncalacanis
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Follow TWiST:
Substack: https://twistartups.substack.com
Twitter: https://twitter.com/TWiStartups
YouTube: https://www.youtube.com/thisweekin
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Subscribe to the Founder University Podcast: https://www.founder.university/podcast
Transcript
Click on a timestamp to play from that location
| 0:00.0 | You didn't buy the $1,000 steak. Did you have any? |
| 0:02.0 | I mean, come on, did you? |
| 0:04.0 | Maybe you could do one. |
| 0:06.0 | We would think it's just a little show. |
| 0:08.0 | Do they send somebody out who looks like him? |
| 0:10.0 | No. |
| 0:11.0 | To do the whole thing with the salt down their arm? |
| 0:13.0 | Do they do that or is it only heal out to run salt down his grimy arm? |
| 0:16.0 | Yeah. |
| 0:17.0 | They all do that. They all do the same. |
| 0:19.0 | They all do it. |
| 0:20.0 | Yeah, yeah. |
| 0:21.0 | Oh my god. |
| 0:22.0 | This week in startups is brought to you by |
| 0:24.0 | Notion, just launched Notion projects |
| 0:27.0 | which includes new, powerful ways to manage projects |
| 0:30.0 | and leverage the power of their built-in AI features too. |
| 0:34.0 | Try it for free today at Notion.com slash twist. |
| 0:39.0 | LinkedIn jobs. |
| 0:40.0 | A business is only as strong as its people and every hire matters. |
| 0:44.0 | Post your first job for free at LinkedIn.com slash twist. |
| 0:49.0 | And, |
... |
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