Titan tragedy, Meta removes news in Canada + Elizabeth Yin at Angel Summit | E1767
This Week in Startups
Jason Calacanis
4.2 • 1.4K Ratings
🗓️ 23 June 2023
⏱️ 59 minutes
🧾️ Download transcript
Summary
This Week in Startups is presented by:
Squarespace. Turn your idea into a new website! Go to Squarespace.com/TWIST for a free trial. When you’re ready to launch, use offer code TWIST to save 10% off your first purchase of a website or domain.
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 openphone.com/twist
Lemon.io - Hire pre-vetted remote developers, get 15% off your first 4 weeks of developer time at https://Lemon.io/twist
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Today’s show:
Jason first reflects on the Titan submersible tragedy as he discusses the concept of ‘Toxic Wealth’ (1:41). Then, he explains why Meta will remove news content from Instagram and Facebook in Canada due to Bill C-18 (14:59). Finally, Elizabeth Yin gives a presentation live from Angel Summit on her five major learnings from 700+ startup investments (22:59).
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Follow Elizabeth: https://twitter.com/dunkhippo33
Check Out Hustle Fund: https://www.hustlefund.vc
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Time stamps:
(0:00) Elizabeth’s passion
(1:41) Jason discusses the Titan submersible tragedy and how money can lead to recklessness and toxic wealth
(13:40) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/TWIST
(14:59) Meta removes news content from Instagram and Facebook in Canada
(21:33) OpenPhone - Get 20% off your first six months at https://openphone.com/twist
(22:59) Elizabeth Yin of Hustle Fund at Angel Summit
(31:32) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist
(32:51) How to invest in startups
(50:17) Q&A with Angel Summit audience
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Read LAUNCH Fund 4 Deal Memo: https://www.launch.co/four
Apply for Funding: https://www.launch.co/apply
Buy ANGEL: https://www.angelthebook.com
Great recent interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland, PrayingForExits, Jenny Lefcourt
Check out Jason’s suite of newsletters: https://substack.com/@calacanis
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Follow Jason:
Twitter: https://twitter.com/jason
Instagram: https://www.instagram.com/jason
LinkedIn: https://www.linkedin.com/in/jasoncalacanis
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Follow TWiST:
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Twitter: https://twitter.com/TWiStartups
YouTube: https://www.youtube.com/thisweekin
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Subscribe to the Founder University Podcast: https://www.founder.university/podcast
Transcript
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| 0:00.0 | I thought, and I thought, well, what is the problem that I actually care about for the rest |
| 0:05.0 | of my life? |
| 0:06.0 | The next 40, 50, however many years I have left on this planet. |
| 0:10.6 | And it was actually a really hard question. |
| 0:12.9 | Like what is something that you care so deeply about that you want to work on day in and |
| 0:17.2 | day out for the next 50 years? |
| 0:18.7 | It was a hard question that I couldn't answer for a couple of years. |
| 0:22.7 | Meanwhile, I was mentoring all these companies that 500 startups and eventually got more |
| 0:26.1 | sucked in there. |
| 0:27.5 | And then one day at dawn on me, the answer was in front of me the whole time, which is |
| 0:31.9 | I'm really passionate about startups. |
| 0:33.5 | It was something that I understood well, certainly having been a founder, having been through |
| 0:38.2 | the whole roller coaster of being a founder, the ups and the downs. |
| 0:42.2 | And it was also something where I really understood the nuances of the problems, like the problems |
| 0:45.8 | that founders have. |
| 0:47.7 | And so our mission at Hustle Fund, funny enough, a lot of people see us as a VC fund, but |
| 0:53.1 | I actually see that as my startup. |
| 0:56.1 | This week in startups is brought to you by Squarespace. |
| 1:00.2 | Turn your idea into a new website. |
| 1:02.6 | Go to squarespace.com slash twist for a free trial. |
| 1:06.6 | When you're ready to launch, use offer code twist to save 10% off your first purchase of |
| 1:11.3 | a website or domain. |
... |
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