Twitter bots & Apple BNPL with Deirdre Bosa + Prediction markets with Kalshi CEO Tarek Mansour | E1480

This Week in Startups

Jason Calacanis

Technology

4.4 • 1.3K Ratings

🗓️ 9 June 2022

⏱️ 91 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today, Deirdre Bosa from CNBC joins Molly to talk about Twitter’s plans to comply with Musk’s demands for data (1:28), Apple being its own bank for Apple Pay Later (17:15), and Facebook's parent Meta changing its ticker to META (32:19). To wrap up, Jason and Molly interview Kalshi co-founder and CEO Tarek Mansour, where they talk about Kalshi building the first CFTC regulated predictions market (39:11).

(0:00) Deidre Bosa joins Molly Wood to cover today’s tech news!
(1:28) Twitter plans to comply with Musk’s demands for data
(10:02) Indochino - Get $50 off any purchase of $399 or more by using code TWIST at checkout https://www.indochino.com
(11:18) Will the Elon/Twitter deal just end up in the legal system?
(17:15) Apple Will Handle Lending Internally for its new Apple New Pay Later Service
(21:01) Vanta - Get $1,000 off automating your SOC 2 at https://vanta.com/twist
(22:14) Will this open up Apple to more anti-trust scrutiny?
(31:08) Ourcrowd - Check out the deal of the week at https://ourcrowd.com/twist
(32:19) The Facebook parent Meta changed its ticker to META
(38:33) Toss to our interview w/ Kalshi co-founder + CEO Tarek Mansour
(39:11) Tarek Mansour joins to speak about Kalshi, the first CFTC regulated predictions market
(1:26:39) If you are a founder pre-series A, you are invited to our Founder University Two-Day intensive on June 13-14!

Transcript

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0:00.0	Alright everybody, it is Thursday, June 9th. Jason has a family event today, so I got to choose,
0:05.9	and you know there was only one choice to make. Deer DeBrosa from CNBC to chop up the news. Deer DeBrosa,
0:10.8	thanks for coming on. Thank you so much for having me. I mean, Molly, I just wanted to chat with you
0:16.2	anyways. You got that Jason guy out of the way. We're ready to go. Out of the way. I know. You know,
0:21.2	I love you, Jason. By the way, I should say that. Jason, we miss you, buddy. Desperately. Not right
0:26.8	the second though. This week in startups is brought to you by Indochino. Indochino makes custom
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0:41.0	virtual style consultation at Indochino.com. Right now, you can get $50 off any purchase of $399
0:50.2	or more by using code twist at checkout. Vanta, compliance and security shouldn't be a deal
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1:28.5	I'm very excited because it's always a little awkward when we have to talk about Elon Musk
1:34.0	with Jason because of the homie situation. So let's start with this breaking news as of I think
1:42.3	this morning, maybe late last night, that Twitter plans to comply with Elon Musk's demands for
1:48.5	data. Elon Musk had basically been threatening to walk away from the Twitter deal saying that
1:54.8	Twitter's refusal or inability to count its bots was a material, what did he say? It was material
2:00.6	information that could affect the deal price. And then all of a sudden the Texas attorney general
2:05.2	who coincidentally starts investigating Twitter over its bot situation. So the maximum pressure
2:15.1	campaign seems to have worked. What do you think? What do you think? What do you think it
2:21.4	about this situation? I mean, do you think that Twitter, because all along Twitter has been saying
	...

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