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This Week in Startups

Startup pitch competition: Jason invests $25K | E1725

This Week in Startups

Jason Calacanis

Technology

4.21.4K Ratings

🗓️ 20 April 2023

⏱️ 62 minutes

🧾️ Download transcript

Summary

Jason hosts another pitch competition featuring two startups from our Founder University program! Apply for Founder University: https://course.founder.university⁠

(0:00) Jason kicks off the show

(3:35) Jason and Presh describe who Founder University is for

(8:35) Vanta - Get $1000 off your SOC 2 at ⁠https://vanta.com/twist

(9:52) Alexandra Bellensweig pitches HumHum

(22:15) Presh's thoughts on HumHum

(26:47) CacheFly - Get 10 terabytes free by signing up at https://twist.cachefly.com

(28:13) Russell Palmer pitches Cyberfilm

(37:41) QuickNode - Get one month free by using code TWIST at https://go.quicknode.com/twist

(38:56) Creating fantastic branding

(47:41) Deliberations

(59:43) Jason picks a company

(50:43) Q&A with Jason and Presh


FOLLOW Presh: ⁠https://twitter.com/preshdkumar

FOLLOW Jason: ⁠https://linktr.ee/calacanis⁠


Subscribe to our YouTube to watch all full episodes:

https://www.youtube.com/channel/UCkkhmBWfS7pILYIk0izkc3A?sub_confirmation=1

FOUNDERS! Subscribe to the Founder University podcast:

https://podcasts.apple.com/au/podcast/founder-university/id1648407190

Transcript

Click on a timestamp to play from that location

0:00.0

Hey, everybody. Hey, everybody. Welcome to another episode of this week in startups. We've got another great Founder University show case for you today. What happens during this podcast is very simple.

0:11.0

Couple people pitch me their idea and they show me their product. I use my spidey sense, my unique ability to look into the soul of founders and find out they're going to succeed and then to think about my LPs and if we should place a bet on this founder at this time.

0:29.0

And so we've done this three times. This is the fourth episode and today I'm going to see two pitches. And these are people who went to founder university. Founder University is a 12-week program we host.

0:41.0

And at the end of the program sometimes during it, I'll just invest $25,000 into a company. This is sort of like what we call in the industry, the friends and family around. Not everybody's got rich friends and family. I certainly did not.

0:54.0

And the truth is a great founder can come from anywhere. They don't necessarily have rich aunts, uncles, parents, cousins, brothers or friends who can drop $25,000 into their crazy idea.

1:07.0

But you know what? I got a money. I got a fund. I got 25 grand land around it. In fact, I got a couple of bricks sitting right here. So why not make some early bets? My whole career, Uber, Robinhood, Calm.

1:19.0

It was based on placing tiny bets on incredible founders and I am back to my roots and I am absolutely loving it.

1:27.0

The most exciting part about all of this is I have decided that I'm losing my mind working from home. If you love working from home or no judgements, I do like to ski during the season.

1:38.0

But outside of grown skiing, I really want to see more people. So I'm getting a storefront in San Mateo area of the Bay area.

1:46.0

If you see one, take a picture of an incentive to me, but I'm looking for a 2000 to 10,000 square foot space where I can sit and I can hang out with my founder university founders.

1:56.0

Founders meet new people and start placing small bets at a very high flip and then I'm going to document it here on this weekend startups.

2:03.0

So you can learn how venture capitalist links and you can meet these companies in the year zero.

2:09.0

A lot of times we write this 25k check and people can't even catch the check because they don't have a bank account and they're not incorporated. And so I say great, get the bank account, get incorporated, get the bank account and then we'll ship you to 25.

2:21.0

Alright, after the founding university showcase here, where somebody's going to get 25k, I'll do a couple of ask Jason's with these founders because I'm sure they've got some questions for me.

2:30.0

The world's greatest angel investor. And of course, the world's greatest moderator.

2:34.0

It's going to be a great episode stick with us.

2:37.0

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2:45.0

Vanta makes it easy for companies to get a sock to report fast.

2:49.0

Twist listeners can get $1,000 off for a limited time.

2:53.0

Vanta.com slash twist cash fly is a pure play CDN provider that makes CDN simple, effective and secure deliver content faster than your competitors and get 10 terabytes free forever if you sign up at twist dot cashfly.com

3:12.0

That's twist dot CAC H E F L Y dot com and quick node gives blockchain developers unparalleled reliability and speed with access to unlimited endpoints across 18 chains and 35 networks.

3:28.0

Get one month free by using code twist at go dot quick node dot com slash twist.

...

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