NEWS: Nvidia’s insane earnings beat, Arm’s IPO filing, and more! | E1797
This Week in Startups
Jason Calacanis
4.2 • 1.4K Ratings
🗓️ 24 August 2023
⏱️ 86 minutes
🧾️ Download transcript
Summary
This Week in Startups is brought to you by…
Crowdbotics. Great ideas can change the world, and Crowdbotics is the fastest way to turn those ideas into code. Get a free scoping session for your next big app idea at crowdbotics.com/twist
OpenPhone. Create business phone numbers for you and your team that work through an app on your smartphone or desktop. TWiST listeners can get an extra 20% off any plan for your first 6 months at openphone.com/twist
Fitbod. Tired of doing the same workouts at the gym? Fitbod will build you personalized workouts that help you progress with every set. Get 25% off your subscription or try out the app for FREE when you sign up now at fitbod.me/TWIST.
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Today’s show:
Jason breaks down Nvidia smashing its quarterly earnings (3:58), Arm filing its F-1 (26:38), how founders should vet accelerators (56:10), and more! (1:03:53)
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Time stamps:
(0:00) Producer Nick joins Jason
(3:58) Nvidia obliterating their Q2 earnings
(8:33) Crowdbotics - Get a free scoping session for your next big app idea at crowdbotics.com/twist
(10:01) The earnings report’s effects on stock, induced traffic, and the “sell the news” strategy
(16:02) Breaking down the numbers and the market cap chart
(21:31) Overcorrection in big tech companies, the rolling recession, and Nvidia as a momentum stock
(25:07) OpenPhone - Get 20% off your first six months at https://openphone.com/twist
(26:38)Arm filing its F-1 and SoftBank’s deal with Vision Fund
(34:39) Arm’s business model and the risks of whale customers
(37:53) Fitbod - Get 25% off at https://fitbod.me/twist
(39:22) Arm China’s risk to Arm
(46:17) The role of startup accelerators
(49:36) The constant complaints about YC valuations on YC demo day
(53:40) How raising at too high a valuation can lead to getting caught in a valuation trap
(56:10) The Fulcrum venture accelerator “scam” and how founders should vet accelerators
(1:03:53) The greatest bag securer of all time!
(1:13:41) Ryan Breslow’s “corporate wrongdoing”
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | Apple would rather buy Apple they want to invest in themselves and I think in video |
| 0:04.3 | Buying in video is going to be |
| 0:07.0 | Absolute chaos |
| 0:08.5 | That's the reason like it could continue to be a momentum stop if this the percentage growth stops |
| 0:13.8 | But the earnings get better |
| 0:16.1 | In other words they can keep selling these things these h100s for the at the same price or higher |
| 0:21.3 | And they don't have competition and more gets thrown to the bottom line. Whoa |
| 0:25.3 | That's a crazy there's two ways to increase earnings per share |
| 0:28.0 | You make the earnings go up or you make the amount of shares less |
| 0:31.2 | And if you're doing both your Apple yep, reduce the denominator right |
| 0:35.6 | That's math maybe a big set up for them. It's math baby. It's all math |
| 0:39.5 | This week in startups is brought to you by |
| 0:42.1 | Crowdbottix great ideas can change the world and crowdbottix is the fastest way to turn those ideas into code |
| 0:50.0 | Get a free scoping session for your next big app idea at crowdbottix.com slash twist |
| 0:56.2 | Open phone brings your team's business calls texts and contacts into one delightful app that works anywhere |
| 1:03.6 | Get 20% off your first six months at openphone.com slash twist and |
| 1:11.2 | Fitbot |
| 1:12.4 | Tired of doing the same workouts at the gym |
| 1:15.2 | Fitbot will build you personalized workouts that help you progress with every set |
| 1:20.7 | Get 25% off your subscription or try out the app for free |
| 1:25.6 | Sign up now at fitbot.nie slash twist |
| 1:30.4 | All right, everybody. It's time for the news. Yes |
... |
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