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This Week in Startups

TWiST News: Bitcoin, Saylor's Microsoft Pitch, and the Delaware-Tesla Fight | E2054

This Week in Startups

Jason Calacanis

Technology

4.41.3K Ratings

🗓️ 4 December 2024

⏱️ 82 minutes

🧾️ Download transcript

Summary

This Week in Startups is brought to you by…

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

NetSuite. The number one cloud financial system, bringing accounting, financial management, inventory, and HR, into one platform. Giving you one source of truth. Download the CFO's Guide to AI and Machine Learning for free at https://www.netsuite.com/twist

Micro1. Micro1 is an AI recruitment engine to hire world class engineers fast. Visit https://www.micro1.ai/twist to get 10 free AI Interviews and 2 weeks free per hire

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Todays show:

Jason and Alex discuss Michael Saylor’s pitch for Microsoft to shift shareholder returns into Bitcoin, the Delaware court's ruling on Tesla pay, and more!

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Timestamps:

(0:00) Jason and Alex kick off the show

(7:41) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist⁠

(8:47) Michael Saylor's Bitcoin Pitch to Microsoft

(24:01) The Digital Transformation through Bitcoin

(29:46) NetSuite - Download the CFO's Guide to AI and Machine Learning for free at https://www.netsuite.com/twist

(30:47) Bitcoin as an investment compared to traditional assets

(38:01) Michael Saylor’s take on Bitcoin's investment potential

(39:40) Micro1 - Visit https://www.micro1.ai/twist to get 10 free AI Interviews and 2 weeks free per hire

(41:19) Asset-heavy vs. asset-light business models

(57:46) Tesla compensation package and Delaware court ruling

(1:03:56) Delaware Judicial System and Corporate Governance

(1:19:00) Corporate incorporation trends

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Check out the TWIST500: https://www.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:

https://www.youtube.com/watch?v=1l45B4mYl-o

https://x.com/saylor/status/1863323760511627565

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Follow Alex:

X: https://x.com/alex

LinkedIn: ⁠https://www.linkedin.com/in/alexwilhelm

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Follow Jason:

X: https://twitter.com/Jason

LinkedIn: https://www.linkedin.com/in/jasoncalacanis

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Thank you to our partners:

(7:41) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist⁠

(29:46) NetSuite - Download the CFO's Guide to AI and Machine Learning for free at https://www.netsuite.com/twist

(39:40) Micro1 - Visit https://www.micro1.ai/twist to get 10 free AI Interviews and 2 weeks free per hire

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Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, 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

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Substack: https://twistartups.substack.com

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Subscribe to the Founder University Podcast: https://www.youtube.com/@founderuniversity1916

Transcript

Click on a timestamp to play from that location

0:00.0

It makes sense for Microsoft to be powered by digital capital.

0:04.6

Bitcoin's the best asset you can own.

0:07.6

Now, wait, we have to stop there.

0:09.1

Jason, you said, you said it's correlated to the stock market.

0:13.2

And yet, here we have Michael Saylor saying that it is an uncorrelated asset.

0:17.5

Talk to me about that.

0:18.6

Remember, during COVID, we had this like spike. Everybody

0:22.8

got Stimmy checks. Everybody was buying NFTs. Everybody was buying stonks, game stop, you know, all this like

0:28.9

Coinbase Robin Hood, all these Stimmy checks, prize picks, you know, people doing betting online,

0:36.8

poker, whatever.

0:37.9

Everything boomed because there's a lot of cash in the system.

0:40.8

And then everything came back down.

0:42.0

So, you know, Chimot said this, says this over and over again.

0:45.0

Like he thought it was going to be an or correlated asset.

0:47.0

Turns out to be a correlated one.

0:48.1

Okay, fine, it's correlated.

0:50.0

So this is not true.

0:52.0

This week in startups is brought to you by Open Phone.

0:56.0

Create business phone numbers for you and your team that work through an app on your

0:59.6

smartphone or desktop.

1:01.3

Twist listeners can get an extra 20% off any plan for your first six months at openphone.com

1:06.5

slash twist.

...

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