Sequoia & Union Square Returns, the Post-AI Labor Market, and the Return of SF? | E1907
This Week in Startups
Jason Calacanis
4.2 • 1.4K Ratings
🗓️ 1 March 2024
⏱️ 56 minutes
🧾️ Download transcript
Summary
This Week in Startups is brought to you by…
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Todays show:
David Weisburd hosts Erik, Guy, and Jason Calacanis to discuss Sequoia & Union Square Ventures' returns (1:15), AI's impact on startups and labor (17:35), US startups' risk tolerance (38:10), and much more!
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Timestamps:
(0:00) David Weisburd intros Erik Torenberg, Guy Perelmuter, and Jason Calacanis
(1:15) VC returns have been leaked, including returns from Sequoia Capital and Union Square Ventures
(11:33) OpenPhone - Get 20% off your first six months at http://www.openphone.com/twist
(17:35) Bearish signs for the startup employment market
(25:17) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/twist
(26:12) The emergence of the first one-person unicorn
(36:46) Coda - Get a $1,000 startup credit at https://coda.io/twist
(38:10) Founders & investors are now returning to San Francisco
(47:35) Rapid-fire segment on recent investments
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Mentioned on the show:
https://www.wsj.com/tech/san-francisco-ai-boom-silicon-valley-307816b2
https://www.antaresindustries.com
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Follow Erik:
X: https://twitter.com/eriktorenberg
LinkedIn: https://www.linkedin.com/in/eriktorenberg/
Check out: https://www.turpentine.co/
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Follow Guy:
X: https://twitter.com/guyperelmuter
LinkedIn: https://www.linkedin.com/in/guyperelmuter
Check out: https://www.gridscapital.com/
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Follow David:
X: https://twitter.com/DWeisburd
LinkedIn: https://www.linkedin.com/in/dweisburd
Check out: https://10xcapital.com
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Follow Jason:
X: https://twitter.com/jason
Instagram: https://www.instagram.com/jason
LinkedIn: https://www.linkedin.com/in/jasoncalacanis
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Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | That framework, I think, that Elon came up with us |
| 0:03.3 | elegantly simple, yet very complex, and then he executed on it very definitely. |
| 0:08.4 | As you can see, because he's shipping more product with 15% of the people. |
| 0:12.3 | And some people were saying, oh no, Twitter is going to die. |
| 0:15.8 | You know, the website's not going to work, the team is not there, how can they operate? |
| 0:18.8 | They were rooting for it not to work. |
| 0:20.0 | Exactly. |
| 0:22.0 | And blue check mark people. |
| 0:24.8 | It works just. And so that's inspired a whole generation of founders to think, hey, I could operate this company with a fraction of my team. |
| 0:33.0 | This week in startups is brought to you by |
| 0:36.0 | Open Phone brings your team's business calls, texts, and contacts |
| 0:41.0 | into one delightful app that works anywhere. |
| 0:44.1 | Get 20% off your first six months at openphone.com slash twist. |
| 0:50.3 | Squarespace |
| 0:51.6 | turn your idea into a new website. Go to Squarespace, turn your idea into a new website. |
| 0:54.0 | Go to Squarespace.com slash Twist for a free trial. |
| 0:58.0 | When you're ready to launch, use offer code Twist to save 10% off your first purchase of a website or domain. |
| 1:04.0 | And Koda is the all-in-one dock for teams. |
| 1:08.0 | Get started for free and get a $1,000 startup credit at Coda.io slash Twist. |
| 1:15.0 | Welcome back to this week's Liquidity Podcast. |
| 1:18.0 | With me today I have Eric Tornberg, co-founder of On Deck and Village Global, and founder of Media Company, Turpentine. |
| 1:24.7 | Next we have Ghee Paralmuter, founder and CEO of Grits Capital, a Deep Tech VC fund, and author of |
... |
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