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This Week in Startups

SpaceX's Starship launch, Tiger Global's 20% markdown + Ask Jason! | E1726

This Week in Startups

Jason Calacanis

Technology

4.21.4K Ratings

🗓️ 21 April 2023

⏱️ 47 minutes

🧾️ Download transcript

Summary

Jason recaps SpaceX's Starship rocket launch (2:06) and discusses BuzzFeed's 15% RIF and Fox News settling its Dominion Voting Systems lawsuit (9:11). He also covers Reddit's announcement to charge large AI companies for data and Tiger Global's $12.7B fund markdown (19:40). The show ends with another edition of Ask Jason (34:41).

(0:00) Jason kicks off the show

(2:06) Recapping Jason's experience at Space X's Starship launch

(7:52) Pilot - Get 20% off the first 6 months at https://pilot.com/twist

(9:11) BuzzFeed's 15% RIF

(14:07) Fox News settled with Dominion Voting Systems

(18:20) Issuu - Sign up for free or get 50% off an annual premium account by using promo code twist at https://issuu.com/podcast

(19:40) Reddit to charge AI companies for its data

(27:50) Tiger Global's 20% markdown

(33:13) Linode - Apply to Linode's Rise program for a $500 credit and up to six figures in discounts at https://linode.com/twist

(34:41) Ask Jason!


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Transcript

Click on a timestamp to play from that location

0:00.0

Hey, everybody, it's Friday, and I'm doing a solo news show today.

0:03.6

I'm on the road.

0:05.1

I am actually in Texas, and I just got to watch the Starship launch on 420.

0:11.3

So I talk a little bit about that, and then we'll get into Buzzfeed shutting down

0:15.4

Buzzfeed news, cutting 15% of its employees, as well as Fox settling their

0:20.0

Dominion voting system, a libel case for $787 million.

0:26.0

And I'm going to take a little victory lap here.

0:27.6

Remember, I had said that Reddit and Cores should start charging for their

0:30.8

data sets. Well, Reddit CEO has come out and saying, and has said they're

0:34.8

going to start charging AI models to use their data and train it.

0:38.4

Finally, we'll talk about Tiger Global marking its huge $12.7 billion

0:43.6

fund down another 20% and perhaps a little hand-ranging and pain and

0:51.2

suffering in the late stage of venture capital and what that means for founders.

0:54.8

Also, I'm going to answer some of your questions.

0:57.4

I think I have three or four great questions from the audience today.

1:00.1

I'm going to answer at the end.

1:00.9

It's going to be a great episode.

1:02.4

Stick with us.

1:03.5

This week in Startups is brought to you by Pilot.

1:07.0

Grow your business sustainably and operate more effectively.

1:10.4

Pilot provides the most reliable accounting, CFO and tech services for

1:14.9

Startups and small businesses.

...

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