TWIST NEWS: AI Music, Circle’s IPO, TWIST500 and more! | E1972
This Week in Startups
Jason Calacanis
4.2 • 1.4K Ratings
🗓️ 27 June 2024
⏱️ 66 minutes
🧾️ Download transcript
Summary
This Week in Startups is brought to you by…
LinkedIn Jobs. A business is only as strong as its people, and every hire matters. Go to https://www.linkedin.com/twist to post your first job for free. Terms and conditions apply.
Squarespace. Turn your idea into a new website! Go to http://www.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.
Northwest Registered Agent. Northwest Registered Agent will form your business quickly and easily. In just 10 clicks and 10 minutes, set up your entire business identity—name, address, mail service, phone, email, website, and domain. For just $39 plus state fees, Northwest will handle your complete business identity. Visit http://northwestregisteredagent.com/twist today.
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Timestamps:
(0:00) Jason and Alex kick off the show!
(2:11) Ai generated memes.
(7:36) The butler experiences.
(9:59) LinkedIn Jobs - Post your first job for free at https://www.linkedin.com/twist
(11:52) The Texan stock exchange.
(21:03) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at http://www.Squarespace.com/TWIST
(25:14) Circle’s pending IPO.
(30:05) Northwest Registered Agent - For just $39 plus state fees, Northwest will handle your complete business identity. Visit https://www.northwestregisteredagent.com/twist today.
(31:46) Alex breaks down some amazing details around stable-coins like Tether and crypto companies like CoinBase and Circle.
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Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com/
Check out the TWIST500: twist500.com
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Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp
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Mentioned on the show:
(links)
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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:
(9:59) LinkedIn Jobs - Post your first job for free at https://www.linkedin.com/twist
(21:03) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at http://www.Squarespace.com/TWIST
(30:05) Northwest Registered Agent - For just $39 plus state fees, Northwest will handle your complete business identity. Visit https://www.northwestregisteredagent.com/twist today.
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All rights for the video shared and linked below belong to the original copyright holder, and we are using the footage under the principle of fair use.
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Great TWIST 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:
Twitter: https://twitter.com/TWiStartups
YouTube: https://www.youtube.com/thisweekin
Instagram: https://www.instagram.com/thisweekinstartups
TikTok: https://www.tiktok.com/@thisweekinstartups
Substack: https://twistartups.substack.com
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Subscribe to the Founder University Podcast: https://www.youtube.com/@founderuniversity1916
Transcript
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| 0:00.0 | you know, Circle is doing it all right. There are, you know, major audits going on as opposed to attestations and that kind of stuff. |
| 0:06.8 | And so the devil's in the details. If you have, I think Teather got up to 70, was it 70 billion, 80 billion? |
| 0:13.0 | It was pretty large amount of money. |
| 0:15.0 | And people were really concerned that maybe their holdings |
| 0:17.5 | were in Chinese commercial paper |
| 0:20.0 | because that's where you used to be able to get a return. |
| 0:22.0 | So maybe they're getting 7-8% on that Chinese commercial paper, |
| 0:25.1 | loans essentially in China, but maybe it's not that stable. |
| 0:28.3 | Then all of a sudden we have inflation, interest rates go up. |
| 0:31.3 | Teather started bragging that they've got like billions of |
| 0:33.9 | dollars in revenue a year. So you're the sucker at the table, perhaps if you're |
| 0:38.1 | keeping your money in stable coins because you're not getting that interest that you |
| 0:41.5 | could get if you kept it in a money market. |
| 0:43.2 | So everything you're saying is dead on. |
| 0:44.9 | Couple of small quibbles though, I just pulled it up. |
| 0:47.2 | There's now a hundred and twelve point eight billion dollars with of tethers out there. |
| 0:51.6 | Wow. This weekend startups is brought to you by |
| 0:56.2 | LinkedIn Jobs. A business is only as strong as its people and every hire matters. |
| 1:02.2 | Go to LinkedIn.com slash twist to post your first job for free. |
| 1:07.0 | Terms and conditions apply. |
| 1:09.0 | Square space. |
| 1:10.0 | Turn your idea into a new website. |
... |
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