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This Week in Startups

OpenAI's new models, the MrBeast leak, Waymo ♥’s Uber and more! | E2009

This Week in Startups

Jason Calacanis

Technology

4.41.3K Ratings

🗓️ 17 September 2024

⏱️ 73 minutes

🧾️ Download transcript

Summary

Todays show:

Alex Wilhelm joins Jason to discuss OpenAI's latest model and implications (11:49), Uber's partnership with Waymo and its implications (38:16), Analyzing Mr. Beast's content creation and business culture (1:01:21). and more!

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Timestamps:

(0:00) Jason and Alex kick off the show.

(3:57) Highlights from the All-In Summit (9:16) Tackling media criticism and the state of journalism

(10:23) Washington Post - TWiST listeners can subscribe for just 50 cents per week for your first year at https://www.washingtonpost.com/twist

(11:49) Alex and Jason dive into OpenAI's latest model and implications (19:46) Examination of OpenAI's corporate structure and financing

(20:39) Brex. Get the business account trusted by 1 in 3 US startups at ⁠⁠https://www.brex.com/twist24⁠

(21:51) Further analysis of OpenAI's business model (27:08) OpenAI's valuation and perspectives on speculative investment

(30:26) AssemblyAI - Get 100 free hours to start building at ⁠https://www.assemblyai.com/twist

(32:07) The landscape of AI startup investments (35:20) How AI is enhancing developer productivity (36:33) AI's potential in consumer markets (38:16) Uber's partnership with Waymo and its implications (41:15) The realities of autonomous vehicle technology deployment (47:00) The government's role in autonomous vehicle tech and partnerships with big tech (52:26) Economic insights: Predictions on the Fed rate cut (56:26) The influence of interest rates on startups and investment strategies (58:52) Discussing cost of living adjustments and food delivery trends (1:00:44) Innovations in autonomous food preparation (1:01:21) Analyzing Mr. Beast's content creation and business culture (1:09:12) How large companies can maintain focus on goals

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Check out the TWIST500: twist500.com

Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp

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Mentioned on the show:

OpenAI o1’s announcement: https://openai.com/index/learning-to-reason-with-llms/

OpenAI release article on The Verve: https://www.theverge.com/2024/9/12/24242439/openai-o1-model-reasoning-strawberry-chatgpt

Supermaven article: https://techcrunch.com/2024/09/16/ai-coding-assistant-supermaven-raises-cash-from-openai-and-perplexity-founders/

Twitter post from Michael Seibel: https://x.com/mwseibel/status/1835063692117103090

Waymo and Uber expand partnership: https://waymo.com/blog/2024/09/waymo-and-uber-expand-partnership/

Polymarket on Fed Interest Rates: https://polymarket.com/event/fed-interest-rates-september-2024?tid=1726496650092

Leaked Mr Beast doc: https://drive.google.com/file/d/11dV24Mda_kNEBCLtPtBomWG4IkngvQKK/view

Travis Kalanick | All-In Summit 2024 video**:** https://www.youtube.com/watch?v=8j7lwauJN2s

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Follow Alex:

X: https://x.com/alex

LinkedIn: ⁠https://www.linkedin.com/in/alexwilhelm

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Follow Jason:

X: https://twitter.com/Jason

LinkedIn: https://www.linkedin.com/in/jasoncalacanis

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Thank you to our partners:

(10:23) Washington Post - TWiST listeners can subscribe for just 50 cents per week for your first year at https://www.washingtonpost.com/twist

(20:39) AssemblyAI - Get 100 free hours to start building at https://www.assemblyai.com/twist

(30:26) Brex. Get the business account trusted by 1 in 3 US startups at ⁠https://www.brex.com/twist24

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Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland

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Check out Jason’s suite of newsletters: https://substack.com/@calacanis

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Follow TWiST:

Twitter: https://twitter.com/TWiStartups

YouTube: https://www.youtube.com/thisweekin

Instagram: https://www.instagram.com/thisweekinstartups

TikTok: https://www.tiktok.com/@thisweekinstartups

Substack: https://twistartups.substack.com

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Subscribe to the Founder University Podcast: https://www.youtube.com/@founderuniversity1916

Transcript

Click on a timestamp to play from that location

0:00.0

So here you have a non-profit that took a software asset spun it out into for profit gave

0:07.1

think a hundred percent of the equity to the employees or some large percentage and then the nonprofit owns what a share of the revenue a license unknown and

0:17.5

here because it's software maybe it's a little bit klouji or maybe it doesn't seem as dramatic as giving people a stack of gold bars but you know seems like a bunch of employees went from the nonprofit to the for profit

0:29.9

uh huh and we're given the gold bullion i do think it's really interesting to see how many people are going after coding.

0:36.0

That's because of two reasons. Where does a lot of value in the world reside?

0:42.0

And then what is AI good at right now.

0:45.6

Bingo.

0:47.1

This week in startups is brought to you by

0:50.0

Washington Post. Stay informed with trusted journalism from the Washington Post.

0:55.2

Right now, Twist listeners can subscribe for just 50 cents per week for your first year

1:00.1

at Washington Post.com slash Twist.

1:04.0

Assembly AI.

1:05.0

Get maximum value from voice data with Assembly AI.

1:08.0

Build powerful products and features for your end users

1:11.0

on the industry's leading speech to text models.

1:14.1

Get 100 free hours to start building at assembly AI.com slash twist.

1:19.7

And Brex, the financial stack founders can bank on.

1:24.3

Brex knows cash is king for startups, so they built a banking experience that takes every dollar

1:29.7

further. Get the business account trusted by one in three US startups at Brexit.com

1:35.4

slash twist 24. All right everybody welcome back to this weekend startups. I'm

1:41.0

Jason Kellertanus he's Alex Wilhelm. And we're back. We both had projects. We were working on for the last couple of weeks. I just finished up the All-In Summit. You've probably probably seen I've birthed all this amazing content and we'll talk about I guess some of those

1:57.4

highlights but you birth something else Alex something arguably much more important.

...

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