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This Week in Startups

US initiates crypto regulation, Robinhood IPO access, Slack as a Trojan Horse PLUS Magic Spoon CEO Gabi Lewis | E1220

This Week in Startups

Jason Calacanis

Technology

4.21.4K Ratings

🗓️ 21 May 2021

⏱️ 64 minutes

🧾️ Download transcript

Summary

Jason hits the recent restrictions on crypto from the U.S. and China, Robinhood allowing users to get in at IPO prices, and Antonio García Martínez's chat with Kara Swisher (1:15). Then in the main segment, Magic Soon Cereal Co-Founder Gabi Lewis discusses the difference between a good product and product-market fit (25:47), how Magic Spoon does influencer marketing (45:25), classic cereal flavors & more!

Transcript

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0:00.0

All right, it's a big news day.

0:01.6

Cryptocurrency continues to struggle.

0:04.2

Now it's not just China doing the saber rattling.

0:07.4

Here in the United States, our government

0:09.4

is looking into big transactions in crypto

0:12.6

and making their own cryptocurrency

0:14.7

to compete with Bitcoin.

0:16.2

And is this the beginning of the end of Bitcoin

0:19.4

and the crypto movement, or is this the start

0:22.4

or the end of the beginning?

0:23.6

We're gonna get into that.

0:24.7

Also Robinhood is going to give retail investors access

0:29.5

to IPOs on the first day at the IPO price,

0:32.4

an amazing announcement.

0:34.2

And more, the founder of Magic Spoon is with us,

0:38.1

which is an amazing protein cereal, which I love

0:40.6

and I buy, and he started with crickets in bars

0:44.0

and that failed, but he still loved protein,

0:46.3

just not from insects.

0:47.5

He tells that whole story on the back end

0:49.1

and I got a special message tree

0:50.3

at the end of the pod in the button.

...

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