Stability AI's $1B+ valuation, why you should start or join a startup, Roblox jumps 20% | E1589

This Week in Startups

Jason Calacanis

Technology

4.2 • 1.4K Ratings

🗓️ 18 October 2022

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

First up, J+M cover Stability AI's new billion-dollar valuation (2:45) before Jason runs through a presentation and a manifesto. (15:33) Then, J+M break down Roblox's stock popping 20% on Monday (33:02), and another excellent WLITF segment featuring Joby Aviation! (42:57)

(0:00) J+M tee up today's news topics!

(2:45) Stable Diffusion-maker Stability AI raises at a $1B valuation!

(14:05) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/TWIST

(15:33) Jason runs through his talk: "Why you should build -- or join -- a startup" and his document on goals at LAUNCH

(24:59) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist

(26:10) J+M discuss the expectations at LAUNCH vs most other venture firms

(33:02) Roblox stock popped 20% on Monday after a strong metrics report

(37:32) Microsoft for Startups Founders Hub - Apply in 5 minutes, no funding required, sign up at http://aka.ms/thisweekinstartups

(39:01) Metaverse-winning pair trade, discussion on getting back to work

(42:57) Delta invests $60M into eVTOL-maker Joby Aviation and plans to eventually offer Joby trips to and from airports starting in NY and LA

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Transcript

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0:00.0	All right, everybody. Welcome to Tuesday. We've got some amazing news stories for you today. Right up off the bat
0:06.1	You're not going to believe in Molly, but there's another
0:09.2	billion dollar hundred million dollar. I believe
0:13.5	Having you start up funding. That's occurred. It might be pre-revenue. You're right. Holy cow. It's a seed round. Yeah, it's it's and yet
0:22.1	We're not sure we hate it. I think we want in day tuned for that exactly then
0:27.8	We just get a little bit of a treat Jason does some impromptu presentations and readings from some top
0:34.8	Secret material you are going to get life lessons delivered to you children today is the day gather round children
0:41.8	It's story time. Hi, you know, I did a presentation this weekend at a hackathon
0:45.9	I just share that hackathon and then I wrote a little introduction for our culture handbooks
0:49.4	I thought I would share with folks and get some feedback and then in all this
0:53.5	Crazy down market with stocks collapsing left and right one stock jump 20% 20%
0:59.8	Following its metrics report. We'll talk about what that stock is and how that company might be the Lego of the digital generation
1:07.8	Then we wrap covering some news from last week where Delta invested $60 million in Joe B aviation the eVTall maker trying to make
1:15.8	Aviation bearable
1:17.2	That's fantastic. I'm really I'm excited about our VTall future and this is a real investment $60 million in cash
1:24.5	No joke and Joe B aviation. I feel a little bit of a J trade coming on
1:29.8	Wow, no, what are we saying? What's it? What's it yeah? It's gonna be a great show. That's it stick with us
1:34.6	This week in startups is brought to you by
1:37.6	Squarespace turn your idea into a new website go to squarespace.com slash twist for a free trial
1:44.3	And when you're ready to launch use offer code twist to save 10% off your first purchase of a website or domain
1:52.4	Embrokers startup insurance program help startups secure the most important types of insurance at a lower cost and with less hassle
2:01.0	Save up to 20% off of traditional insurance today at embroker.com slash twist
	...

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