Pipe's Co-Founders step down, Apple's China-based iOS update, Black Friday's BNPL boost | E1621
This Week in Startups
Jason Calacanis
4.2 • 1.4K Ratings
🗓️ 29 November 2022
⏱️ 88 minutes
🧾️ Download transcript
Summary
TechCrunch's Alex Wilhelm joins to break down the news! First up, the trio covers Pipe's Co-Founders abruptly stepping down (7:06) and the lessons learned. (26:29) Then, they discuss Apple's China-based iOS update impacting AirDrop (40:31) before Alex leaves. J+M finish the show with more thoughts on China and react to Black Friday's ATH sales volume and the BNPL boom. (1:11:01)
(0:00) J+M tee up today's topics and special news guest!
(2:21) J+M catch up on their Thanksgiving breaks with TechCrunch's Alex Wilhelm!
(7:06) Intense velocity of notable tech stories, teeing up the Pipe situation
(12:05) LinkedIn Marketing - Get a $100 LinkedIn ad credit at https://linkedin.com/thisweekinstartups
(13:34) Breaking down the Pipe Co-Founders abruptly stepping down
(25:02) Supergut - Get 30% off with code TWIST at https://supergut.com
(26:29) Pipe's expansion into media and crypto, lessons learned from the "speculative asset bubble"
(37:21) Fitbod - Get 25% off at https://fitbod.me/twist
(38:39) Alex on running a subscription-based media business within an ad-based media business
(40:31) Protests in China, Apple's recent China-specific iOS update, which impacting AirDrop
(59:59) J+M wrap with thoughts on China after Alex departs
(1:11:01) Black Friday spending hits an all-time high, BNPL sees huge bump y/y
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Transcript
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| 0:00.0 | Hey everybody, welcome back. It is Monday. You're shaking off. Hopefully you don't have |
| 0:04.5 | any more leftovers in your fridge. I ate the last of the stuffing this morning. |
| 0:08.3 | We're back. It's gonna be a big week. We had so much news and there was a potential that I was |
| 0:12.5 | maybe having to go on a secret trip, but I didn't. But we booked Alex Wilhelm from TechCrunch |
| 0:17.8 | to join us today. So we chopped it up first. We talked about pipes. Co-founders are abruptly stepping |
| 0:23.2 | down. All these rumors online of malfeasance, Harry responding to the rumors and just breaking |
| 0:28.9 | down the lessons of these kind of situations for investors and founders. Yeah, exactly how we |
| 0:36.2 | get there and how we avoid it in the future. Then we have a great conversation about what's been |
| 0:39.9 | happening in China with all of those protests and then Apple's involvement and arguable misstep |
| 0:46.4 | in its new iOS rollout. But what the future might look like in China and for the Xi Jinping regime. |
| 0:53.6 | You might not know this, but Apple's been building iPhones in another country. We'll tell you which |
| 0:57.5 | one. And then we're going to end with some interesting statistics about this year's Black Friday |
| 1:01.1 | spending. Two services are surging in their usage and a couple of older legacy services are |
| 1:07.0 | collapsing. We'll explain the trends in consumer spending on today's show. It's gonna be a great |
| 1:14.2 | show. Stick with us. This week in startups is brought to you by LinkedIn Marketing. To redeem a |
| 1:20.6 | free $100 LinkedIn ad credit and launch your first campaign, go to LinkedIn.com slash this week |
| 1:28.8 | in startups. Super gut. The holidays are here and between the eating, drinking and traveling, |
| 1:35.8 | for many of us, it can be a hard time to maintain good health. The secret to surviving them? A well-balanced |
| 1:42.6 | gut. Super gut is the easiest and tastiest way scientifically proven to boost gut health and all |
| 1:50.3 | that comes with it. From weight loss to immunity, get 30% off their delicious shakes, bars and |
| 1:57.2 | fiber mix at super gut.com by using code twist and FitBod. Tired of doing the same workouts at the gym, |
| 2:07.2 | FitBod will build you personalized workouts that help you progress with every set. Get 25% off your |
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