Tech takes action against Russia, Backbone's mobile gaming device + Joel Greenblatt from Gotham Capital | E1397

This Week in Startups

Jason Calacanis

Technology

4.4 • 1.3K Ratings

🗓️ 2 March 2022

⏱️ 142 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

First Jason and Molly break down the reactions from big tech companies to the Russia / Ukraine conflict (2:22), then we showcase our Startup of the Day, Backbone which is innovating in mobile gaming (51:41). Then Jason does an amazing interview with investor Joel Greenblatt, where we discuss increasing public market participation, strategies for finding value, taxes and more (1:05:50).

(00:00) Jason and Molly intro today’s DOUBLE episode, Ukraine, Tech companies and Russia sanctions, Startup of the day Backbone, Interview with investor Joel Greenblatt
(02:22) What tech companies should do in response to Russia invading Ukraine
(12:28) Gun.io - Get $250 off your first developer hire at https://Gun.io/twist!
(13:50) Tech companies and Russia sanctions continued
(21:27) OpenPhone - Get an extra 20% off any plan for your first 6 months at https://openphone.com/twist
(22:51) Sanctions aren’t the perfect response because there isn’t one
(30:17) Boast - Get your R&D tax credits without the hassle at https://boast.ai/twist
(31:35) Apple needs to decide what to do in Russia
(51:41) Startup of the day: Backbone
(01:05:50) Jason interviews investor Joel Greenblatt
(01:25:10) Joel talks about the long term effects of having so many young, new market participants
(01:59:12) Joel’s thoughts on minimum taxes and tax loopholes

More on Joel: https://www.gothamfunds.com/principals.aspx
FOLLOW Jason: https://linktr.ee/calacanis
FOLLOW Molly: https://twitter.com/mollywood

Transcript

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0:00.0	Hey, everybody. Hey, everybody. We have an amazing show for you today. It's a big show.
0:04.9	Molly, what's on the deck? It is a thick boy of a show. First up, we're going to break down the
0:10.4	reactions from big tech companies to the Russia Ukraine situation because there is not a person
0:16.5	or a company or a financial institution who is not being drawn into this. And so we're going to
0:21.7	break it down from our perspective in the tech industry. We're also going to talk about a startup
0:26.4	of the day because we all need a little escapism innovating in mobile games. Amazing. And
0:32.4	the companies that we're going to talk about, I mean, it's Coinbase, it's Netflix, it's Apple,
0:36.7	it's Google, it's Facebook, everybody is being drawn into the Ukraine conflict and everybody has
0:42.7	a role to play in this. So it's a very serious talk. It's an expansive talk and I think it's
0:47.5	an important one. So I really hope you listen to it. But after we get through with that discussion
0:52.4	and about an hour of news, we have another amazing interview. Joel Greenblatt is back on the program.
0:59.6	A year ago he came on to talk about his book and a range of topics. This is one of the great
1:04.0	investors in history. And he is well versed like many investors are on the global situation,
1:09.2	startups, the economy, taxes. We have a wide ranging discussion with this legendary investor in
1:15.8	second appearance. And I booked him for six months from now. He is getting into the rotation, Molly.
1:20.3	It's going to be a great show. Stick with us. This week in startups is brought to you by
1:26.0	gun.io. The simplest way for anyone to hire world class developers expertly vetted for you by
1:32.5	senior engineers. Get $250 off your first hire at gun.io slash twist. Open phone. As a startup
1:41.6	founder, a lot of mistakes are easy to roll back. But using your personal cell phone number as
1:46.4	your company's number isn't one of them. Open phone makes it easy to get business phone numbers
1:51.4	for you and your team right on top of your existing devices. Visit openphone.co slash twist to get 20
1:58.6	percent off your first six months. And boast. If your startup developing new software or R&D,
	...

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