NEWS: Anthropic targets $20B+ valuation, Flexport chaos & more! | E1823
This Week in Startups
Jason Calacanis
4.2 • 1.4K Ratings
🗓️ 6 October 2023
⏱️ 56 minutes
🔗️ Recording | iTunes | RSS
🧾️ 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 Embroker.com/twist. While you’re there, get an extra 10% off using offer code TWIST.
With Mercury Raise, startup founders no longer have to navigate roadblocks alone. Visit mercury.com/raise to get access to a network, connections, and advice.
Mercury is a financial technology company, not a bank. Banking services provided by Choice Financial Group and Evolve Bank & Trust; Members FDIC.
NetSuite. Once your business gets to a certain size the cracks start to emerge.  Things you used to do in a day take a week. You deserve a customized solution - and that's NetSuite. Learn more when you download NetSuite’s popular KPI Checklist - absolutely free, at NetSuite.com/twist.
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Today’s show:
Jason breaks down Amazon’s Anthropic deal and the state of AI mega-rounds (5:29), Flexport’s growing pains through the lens of founding CEO vs. hired gun (24:58), and DoorDash’s new stealthy “Dine Out” feature (44:52).
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Time stamps:
(0:00) Jason kicks off the show
(2:42) Recap of Anthropic's big week
(5:29) Amazon’s Anthropic deal and the state of AI mega-rounds
(7:35) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist
(9:04) Two major details in Amazon’s Anthropic deal
(18:57) Strategic investors and Anthropic’s corporate structure
(23:32) Mercury Raise - Visit http://mercury.com/raise to get access to a network, connections, and advice
(24:58) Flexport’s growing pains through the lens of founding CEO vs. hired gun
(35:17) Why Dave Clark being fired “for cause” instead of being allowed to resign matters
(38:20) NetSuite - Download your free KPI Checklist at http://netsuite.com/twist
(39:45) Flexport's offer to Clark
(44:52) DoorDash’s new stealthy “Dine Out!” feature
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Reuters article: https://www.reuters.com/markets/deals/amazon-steps-up-ai-race-with-up-4-billion-deal-invest-anthropic-2023-09-25/
The Information article: https://www.theinformation.com/articles/openai-rival-anthropic-in-talks-to-raise-2-billion-from-google-others-as-ai-arms-race-accelerates
CNBC article: https://www.cnbc.com/2023/10/02/the-inside-story-of-dave-clarks-tumultuous-last-days-at-flexport.html
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | I have never seen a hired CEO and a founder go at it like this in history. |
| 0:08.0 | This is a one-of-one situation. |
| 0:10.0 | I mean, if the CNBC article that came out, if the reporting there is right, this is crazy. |
| 0:14.7 | This week in Startups is brought to you by, Embroker's Startup Insurance Program helps |
| 0:19.8 | Startup secure the most important types of insurance at a lower cost and with less hassle. |
| 0:25.3 | Save up to 20% off of traditional insurance today at Embroker.com slash twist while you're |
| 0:31.6 | there get an extra 10% off using offer code twist. |
| 0:35.7 | With Mercury Rays, Startup founders no longer have to navigate roadblocks alone. |
| 0:41.5 | Visit Mercury.com slash Rays to get access to a network, connections, and advice. |
| 0:48.8 | And Netsweet. |
| 0:50.6 | Once your business gets to a certain size, the cracks start to emerge. |
| 0:55.2 | Things you used to do in a day, take a week. |
| 0:58.1 | You deserve a customized solution and that's Netsweet. |
| 1:01.7 | Learn more when you download Netsweet's popular KPI checklist, absolutely free at Netsweet.com |
| 1:10.2 | slash twist. |
| 1:12.2 | Hey everybody, welcome to this week in Startups. |
| 1:14.3 | We're going to do a new show because you guys love when I do the news. |
| 1:17.8 | And there's a lot of news with us, producer Nick. |
| 1:20.1 | Everybody loves producer Nick. |
| 1:21.6 | We've heard him on The All in Podcast. |
| 1:23.3 | He is the man behind the scenes, producing five, six episodes a week for you, absolutely |
| 1:29.2 | grateful audience members. |
... |
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