TikTok CEO grilled in front of Congress, Coinbase's Wells Notice & Do Kwon arrested | E1705
This Week in Startups
Jason Calacanis
4.2 • 1.4K Ratings
🗓️ 23 March 2023
⏱️ 42 minutes
🧾️ Download transcript
Summary
Jason kicks off today's episode by reacting to TikTok CEO Shou Zi Chew's testimony in front of Congress (1:41) before delving into the news that Coinbase was served a Wells notice by the SEC (22:57). Then, he discusses the reports that Do Kwon has been arrested in Montenegro (32:35) before wrapping up with more information on China and TikTok (35:44).
(0:00) Jason kicks off the show
(1:41) Jason reacts to Shou Zi Chew's testimony in front of Congress
(6:14) China's use of private companies to manipulate its population
(11:02) Linode - Apply to Linode's Rise program for up to six figures in discounts at https://linode.com/twist
(12:29) TikTok's ability to influence our youth
(16:48) Chinese espionage
(21:27) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist
(22:57) SEC serves Coinbase a Wells Notice
(31:19) Clumio - Visit https://clumio.com/twist to start a free backup or sign up for a demo
(32:35) Do Kwon arrested in Montenegro
(35:44) More information on China and TikTok
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Transcript
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| 0:00.0 | Hey everybody, we've got a spicy show for you today. |
| 0:02.3 | I am going to react to the congressional hearings |
| 0:04.1 | that took place this morning with TikToks |
| 0:06.6 | lying CEO, Shochu. |
| 0:08.5 | And I give my hot takes on why I believe TikTok |
| 0:11.4 | is being used to spy on Americans the same way. |
| 0:13.9 | They've used private companies to spy |
| 0:15.8 | on their own citizens in China. |
| 0:17.8 | And I delve into the news that Coinbase has been issued |
| 0:20.4 | a well-noticed by the SEC. |
| 0:22.4 | And this means this basically means |
| 0:24.4 | that the SEC is about to take legal action |
| 0:26.2 | against the crypto exchange. |
| 0:27.5 | And finally, I'll briefly touch on news |
| 0:30.7 | that crypto-fugitive Doke-Won. |
| 0:33.0 | Terraform Labs has been pinched in Montenegro of all places. |
| 0:38.1 | Wow, what a bond-vailing Montenegro. |
| 0:39.9 | It's going to be a great shot, so stick with us. |
| 0:41.8 | This week in startups is brought to you by LaNode. |
| 0:45.7 | Apply to LaNode's rise program for founder-led early-stage |
| 0:49.7 | startups and get a $500 credit up to $120,000 |
| 0:54.2 | in infrastructure credits in year one, |
... |
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