Jay Trading, Stripe valuation cut, $NFLX ads, $PTON outsourcing, + more | E1508
This Week in Startups
Jason Calacanis
4.4 • 1.3K Ratings
🗓️ 15 July 2022
⏱️ 77 minutes
🧾️ Download transcript
Summary
Today, Jason makes his first investment in our new Jay Trading segment (which is not investing advice), and Jason and Molly break it down (3:22). Then, we do a little segment called “Series A & M&A” (24:40)! We also cover Stripe’s 409A valuation (37:52). And of course, we have to cover the Netflix + Microsoft partnership (45:50). Finally, we wrap with Peloton outsourcing their hardware manufacturing (57:00).
(0:00) Jason and Molly tee up today’s show!
(3:22) Jay Trading: Bill Gurley bought ~1M shares of Stitch Fix yesterday for a total of $5.4M and the stock popped as much as 15% on the news
(14:17) Liquid I.V. - Feel better faster. Get 25% off at https://liquid-iv.com using promo code TWIST
(15:30) Talking revenue and profit
(23:18) Wealthfront - Get your first $5,000 managed for free, for life at https://wealthfront.com/TWIST
(24:40) Series A and M&A: You.com
(35:59) Harmonic - Get $4000 off at harmonic.ai/twist
(37:52) WSJ reports that Stripe just cut its internal valuation by 28%
(45:50) Netflix named Microsoft as its global advertising technology and sales partner
(57:00) Peloton is going to stop making its own bikes and tread machines, opting to outsource all manufacturing to Taiwan
(1:06:00) M&A: Battery Ventures announced a $3.8 billion raise
(1:15:07) Outro + Plugs
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hey, everybody. It is Thursday and we're kicking off today. We look you thought that we were kidding |
| 0:07.1 | But we're not |
| 0:08.3 | Yeah, that's right. I'm gonna start actively trading on the show |
| 0:13.0 | J trades will occur |
| 0:14.7 | Not day trading. We're J trading. This is not investment advice |
| 0:19.0 | But today I'm going to talk about my first investment. I've never traded public stocks before. I've always been an index |
| 0:25.9 | Fund Vanguard low fee index funds and then put all my risk in doing startup investing in Molly |
| 0:31.8 | But I feel like this is a unique opportunity and so I'm gonna put a million or two million dollars into equities |
| 0:37.5 | And I'm gonna trade it live here on the show and tell you my thinking because we talk about the viability of all these companies and |
| 0:44.6 | Today's investment isn't really interesting one. It is I think that you all will find this interesting to from the perspective of hearing and investor talk about |
| 0:52.5 | Investing in a totally different context, which is public equity. So like I'm excited to compare the thinking on both of these things |
| 1:00.3 | And we have a new segment to get back to our root series a and M&A |
| 1:05.0 | We're gonna be talking about an interesting series a startup and then |
| 1:10.9 | In the search space Jason's got a lot of that. I'm not saying I baited you you do this one |
| 1:15.8 | But I |
| 1:16.9 | Have like I like to say |
| 1:19.0 | I'll learn velvita on that hook and toss it into the water |
| 1:22.3 | sugar warning model |
| 1:25.5 | And an M&A when we talk a little bit about M&A and some VC firms wanting to get into the M&A business |
| 1:31.7 | And then we're gonna cover stripes 49 a valuation and why it's a bit of a clickbait story in the Wall Street Journal |
| 1:38.3 | And just what 49 a valuations are and how they work |
| 1:40.9 | Yeah private company valuations super interesting topic and then of course |
... |
Please login to see the full transcript.
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.
Copyright © Tapesearch 2025.