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This Week in Startups

Jason’s EOW (End of Week) | 4/16/20

This Week in Startups

Jason Calacanis

Technology

4.41.3K Ratings

🗓️ 17 April 2021

⏱️ 47 minutes

🧾️ Download transcript

Summary

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FOLLOW Jason: https://linktr.ee/calacanis

Transcript

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0:00.0

I thought I would try a new concept, basically a little live recording, and I thought I would

0:06.0

recap the week for you. I wanted to try doing some live streams here on some live streams using

0:12.8

my YouTube channel, since there's a lot of people who follow the YouTube channel and just thought

0:16.8

about what I worked on this week and I'll share it with you. First off, it was a big week for the

0:22.8

podcast. Obviously, this week in startups is just growing like investors. I just found this Canada

0:29.2

I love ginger ale dye ginger ale and I got this like giant two liter one. I think we had a party

0:35.2

or something and I was like I kind of drink this before it goes bad. So you guys get to experience me

0:40.0

drinking. What is my favorite beverage of the moment, which is Canada dry, but I like the Canada

0:45.2

dry zero sugar. I think that one's better. So what happened this week? What investments am I doing?

0:51.6

This is great. It's so nice to see a bunch of you here. So the last five twists today we have

0:58.8

an episode we can win from Republic, and that was a great episode. Obviously Republic is

1:04.7

growing like gangbusters. Republic for those of you who don't know is equity crowdfunding.

1:09.5

Slightly different than what angel list or I do on the syndicate.com, which is accredited investors.

1:14.8

What's an accredited investor? Credit investor is basically in the United States or rich person.

1:19.2

The top 5% of the country, people who make over $200,000 a year and they're allowed to invest in venture

1:24.6

capital firms and private companies. But civilians, non accredited investors, what people would say is

1:31.2

non sophisticated. It's really kind of demeaning language. You could make $3,000 a year and be smarter

1:37.1

than somebody who makes $500,000 obviously. But we have this rule that rich people don't need to be

1:43.2

protected, poor people need to be protected. I get it. It's with good intent. But the result is

1:51.2

people who are coming up in their careers like I was in my 20s can invest in companies that they

1:56.6

know are going to do great or they suspect will be do great. You can go bat on sports, but you can't

2:01.8

go bat on a company that you love. So Republic does equity crowdfunding, equity crowdfunding,

...

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