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This Week in Startups

VCs hiring Twitter ghostwriters, Meta's XR plan, Netflix's ad tier & more | E1586

This Week in Startups

Jason Calacanis

Technology

4.21.4K Ratings

🗓️ 15 October 2022

⏱️ 77 minutes

🧾️ Download transcript

Summary

Friday variety! First up J+M cover a wide range of topics, including VC ghostwriters (12:45), firms investing in public tech companies (22:29), and news lightning round! (34:51) Then, Producer Rachel is back with another edition of OK Boomer. (53:30)

(0:00) J+M tee up today's topics!

(2:45) J+M talk about happy hour, discuss some All-In topics, geopolitics, markets and more!

(11:42) Odoo - Get your first app free and a $1000 credit at https://odoo.com/twist

(12:45) VCs are hiring ghostwriters on Twitter!

(21:10) Assure - To get 20% off your first Special Purpose Vehicle (SPV) visit https://Assure.co/twist

(22:29) WSJ reports that VCs are investing in growth-stage public tech companies rather than late-stage private startups

(33:25) House of Macadamias - Get 20% off at https://houseofmacadamias.com/twist by using code TWIST20

(34:41) Lightning round: Decentraland's usage stats, use cases for Meta's new AR headset, Netflix announces ad-supported tier launch date and price

(50:22) Producer Rachel joins to tee up this week's OK Boomer!

(53:20) Cliff Lerner joins to discuss his new social startup Saturdays

Transcript

Click on a timestamp to play from that location

0:00.0

Hey, everybody. Hey, everybody. It's Friday. We're going to have a couple of drinks, Molly and I.

0:05.2

It's been that kind of week, slash month, slash quarter, slash year. So why not? We pop some

0:11.2

bottles and we're starting off with some VC talk. There is a story about VCs hiring ghost riders

0:16.2

for thousands, if not tens of thousands of dollars to write their tweets. And then really

0:20.6

interesting story, Molly, about VCs investing, VCs like Sequoia and interest in her. It's investing

0:25.7

in publicly traded companies now because hey, maybe it's a great opportunity or they can't find

0:30.7

great late stage deals for their growth funds. Yeah, use this bounce along the bottom to scoop up

0:35.0

the companies you wish you had invested in the first time around. Yeah, it's very interesting.

0:40.5

Then we're going to dive into a little bit of metaverse talk with the possible warning for

0:44.0

founders. It turns out that at least one highly capitalized and got a lot of press startup,

0:50.5

metaverse startup, Decentraland, doesn't have that many daily users. Let's just let's not

0:55.7

a rough little rough. I mean, you know, at least these web three projects sometimes they have

1:00.2

incredible sales when they sell the land or the tokens of the NFTs and then they don't actually

1:04.1

have user adoption and that's really put in the cart before the horse. You're making the money

1:08.0

and then you're trying to get product market fits. It's usually better the other way around. Finally,

1:13.0

Netflix has got their ed tier out and I think this might even be worthy of a J-Trade dare, I say.

1:18.6

Done, done, done. I don't know soon enough and then Rachel comes on. She's got another segment of

1:23.3

Okay Boomer to talk to Saturday founder Cliff Learner and this idea that just keeps coming around

1:29.3

of just using your location to find your friends. I love it. Yeah, every two or three years,

1:35.6

another company tries to take a stab at this and we'll see if this year, if it actually works,

1:40.6

it's going to be a great show. Stick with us. This week in startups is brought to you by

1:45.7

ODO is a fully customizable and fully integrated suite of business apps that lets you build and

...

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