Salesforce CEO questions WFH amid SaaS slowdown, OpenAI projects $1B revenue by 2024 & more | E1642
This Week in Startups
Jason Calacanis
4.2 • 1.4K Ratings
🗓️ 20 December 2022
⏱️ 83 minutes
🧾️ Download transcript
Summary
J+M start the show by breaking down the recent disruption at Salesforce and Marc Benioff's comments on remote work. (2:44) Then, they cover OpenAI projecting $1B in revenue by 2024 (57:25) and wrap with a new segment: Little Big Things! (1:14:33)
(0:00) J+M tee up today's topics
(2:44) Weekend catchup and disruption at Salesforce
(15:44) Supergut - Get 30% off with code TWIST at https://supergut.com
(17:14) David Sacks tweets about the vicious cycle that Salesforce (and SaaS companies at large) will undergo, grading Benioff's feedback to employees
(31:43) Fitbod - Get 25% off at https://fitbod.me/twist
(33:15) Remote management issues with thousands of employees, where remote work will wind up in 2023
(47:50) The Pharaohs are taking issue with their pyramids being empty
(57:25) OpenAI is reportedly projecting $1B in revenue by 2024, plus another round of "Google Search or ChatGTP?"
(1:14:33) Little Big Things: Instagram's new "Notes" feature
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Transcript
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| 0:00.0 | All right, everybody. |
| 0:01.3 | It is a big Monday energy day. |
| 0:05.2 | My nicks are winning. |
| 0:06.3 | I've been spending some time on the slope, Molly. |
| 0:08.0 | I am so enthusiastic on a Monday. |
| 0:10.9 | Look at those endorphins. |
| 0:11.8 | I love it. |
| 0:12.8 | You love to see it. |
| 0:13.6 | We are going to have a great conversation today. |
| 0:16.5 | First up, we're going to talk about Salesforce, CEO, |
| 0:19.2 | Mark Benioff. |
| 0:19.9 | We just have a lot of other CEO vibes in the air. |
| 0:23.0 | Questioning, the productivity of recently hired employees. |
| 0:26.0 | There has been a lot of chaos there. |
| 0:27.8 | So we're going to talk about kind of like a little bit |
| 0:30.2 | about how CEOs respond to downturns and changing work |
| 0:34.6 | environments. |
| 0:35.3 | It's a good conversation with a lot of nuance. |
| 0:38.2 | A lot of nuance. |
| 0:39.5 | Molly plays the role of the union leader, the workers |
| 0:43.8 | representative. |
| 0:44.6 | And I play the founder executive class. |
... |
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