The state of seed, the first TWIST500 startups, and the impact of anonymous apps on society | E1963
This Week in Startups
Jason Calacanis
4.2 • 1.4K Ratings
🗓️ 11 June 2024
⏱️ 78 minutes
🧾️ Download transcript
Summary
This Week in Startups is brought to you by…
Attio. A radically new CRM for the next era of companies. Head to https://attio.com/twist to get 15% off for your first year.
OpenPhone. Create business phone numbers for you and your team that work through an app on your smartphone or desktop. TWiST listeners can get an extra 20% off any plan for your first 6 months at https://www.openphone.com/twist
.Tech Domains - Don’t miss our “Jam with JCal” contest! To apply and get more details go to https://www.jamwithjcal.tech brought to you by .tech domains.
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Todays show:
Alex Wilhelm joins Jason to discuss concerns about the app "Fizz" (12:24), the state of seed (31:35), the first TWIST500 startups (58:58), and more!
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Timestamps:
(0:00) Jason and Alex kick off the show
(11:15) Attio - Head to https://attio.com/twist to get 15% off for your first year.
(12:24) Concerns about the app "Fizz" and the use of anonymity in social media apps
(19:14) The impact of anonymous apps on society, parenting concerns, and the responsibility of investors in harmful tech startups
(23:16) The case for banning smartphones in schools
(30:19) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist
(31:35) The state of seed
(35:33) Impact of AI on startup efficiency
(38:17) .Tech Domains - Apply for the “Jam with JCal” contest today at https://www.jamwithjcal.tech
(39:45) The variety of seed deals
(45:13) How to leave and join a rival company legally
(58:58) The first TWIST500 startups
(1:05:48) Impact of AI on journalism and media companies
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Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp
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Mentioned on the show:
https://www.businessinsider.com/gen-z-fizz-app-anonymous-messaging-cyber-bullying-vermont-2024-6
https://x.com/JonHaidt/status/1799525595509850522
https://techcrunch.com/2017/04/28/yik-yak-shuts-down-after-square-paid-1-million-for-its-engineers/
https://x.com/Jason/status/1799868195899376014/photo/1
https://x.com/dhh/status/1799427898652389827
https://ticker.thisweekinstartups.com/
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Follow Alex:
LinkedIn: https://www.linkedin.com/in/alexwilhelm/
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Follow Jason:
LinkedIn: https://www.linkedin.com/in/jasoncalacanis
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Thank you to our partners:
(11:15) Attio - Head to https://attio.com/twist to get 15% off for your first year.
(30:19) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist
(38:17) .Tech Domains - Apply for the “Jam with JCal” contest today at https://www.jamwithjcal.tech
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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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Check out Jason’s suite of newsletters: https://substack.com/@calacanis
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Follow TWiST:
Substack: https://twistartups.substack.com
Twitter: https://twitter.com/TWiStartups
YouTube: https://www.youtube.com/thisweekin
Instagram: https://www.instagram.com/thisweekinstartups
TikTok: https://www.tiktok.com/@thisweekinstartups
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Subscribe to the Founder University Podcast: https://www.founder.university/podcast
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Two of my friends at Lightspeed in any way, |
| 0:02.5 | stop this. |
| 0:04.0 | You made a huge mistake investing in this. |
| 0:07.8 | You certainly did your diligence |
| 0:09.3 | and saw what happened at Four Spring. |
| 0:11.2 | You saw what happened at Secret, and you saw what happened at Secret and you saw what happened at Yck Yack. And now the Wall Street Journal. God bless journalism, right? Everybody's deriding journalism. This is where journalism does a really great job. |
| 0:23.0 | He's going there and telling the actual story |
| 0:24.9 | and giving you eyes on the truth. |
| 0:26.2 | And the truth is, in this school, |
| 0:28.0 | it created chaos, the principal of the school |
| 0:30.1 | said, I have not seen chaos like this |
| 0:31.9 | in the last nine years. |
| 0:34.7 | Your app caused pain and suffering. |
| 0:37.0 | So if you're so proud of this investment, I want you to print out the Wall Street Journal |
| 0:40.4 | story and bring it to your PTA meeting, bring it to the principal of your school, and say to the principal of your school, here's my latest investment and look at the eye and say, what do you think? |
| 0:49.0 | This weekend startups is brought to you by Adio, a radically new CRM for the next era of companies. |
| 0:58.2 | Head to Adio.com slash Twist to get 15% off for your first year. |
| 1:04.0 | Open Phone. |
| 1:06.0 | Create business phone numbers for you and your team |
| 1:09.0 | that work through an app on your smartphone or desktop. |
| 1:12.0 | Twist listeners can get an extra 20% off any plan for your first six months at openphone.com slash twist. |
| 1:20.0 | And dot-tech domains. |
... |
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