Wiz passes on Google, Meta pushes open-source AI ahead, Spotify’s earnings, and more! | E1984
This Week in Startups
Jason Calacanis
4.2 • 1.4K Ratings
🗓️ 24 July 2024
⏱️ 73 minutes
🧾️ Download transcript
Summary
This Week in Startups is brought to you by…
AssemblyAI. Get maximum value from voice data with AssemblyAI. Build powerful products and features for your end users on the industry’s leading speech-to-text models. Get 100 free hours to start building at https://www.assemblyai.com/twist
Vanta. Compliance and security shouldn't be a deal-breaker for startups to win new business. Vanta makes it easy for companies to get a SOC 2 report fast. TWiST listeners can get $1,000 off for a limited time at https://www.vanta.com/twist
Eight Sleep. Good sleep is the ultimate game changer. The newest generation of the pod, the Pod 4 ultra has arrived. Head to https://www.eightsleep.com/twist and use code TWIST to get $350 off the Pod 4 Ultra.
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Todays show:
Alex Wilhelm joins Jason to discuss the end of the Wiz-Google deal (5:37), Spotify's performance (13:36), Universal Basic Income (UBI) (27:49), Meta's AI strategy (53:05), and more!
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Timestamps:
(0:00) Jason and Alex kick off the show
(5:37) The end of the Wiz-Google deal
(12:24) AssemblyAI - Get 100 free hours to start building at https://www.assemblyai.com/twist
(13:36) Spotify's successful quarter
(21:41) Daniel Ek's strategy and Spotify's future risks
(26:57) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist
(27:49) Universal basic income (UBI)
(38:05) Eight Sleep - Head to https://www.eightsleep.com/twist and use code TWIST to get $350 off the Pod 4 Ultra.
(39:34) Findings and implications from a recent UBI study backed by Sam Altman
(48:22) The efficiency and impact of welfare programs
(53:05) Meta's AI developments
(59:58) Mark Zuckerberg's thoughts on Apple and open source AI
(1:06:50) Predictions for Meta's competitive moves
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Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com/
Check out the TWIST500: https://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://ai.meta.com/blog/meta-llama-3-1
https://x.com/rowancheung/status/1815763595197616155?t=1204
https://x.com/eldsjal/status/1815691024473166268?s=12
https://www.axios.com/2024/07/23/spotify-profit-q2-2024-earnings
https://x.com/smilleralert/status/1815372032621879628/photo/1
https://www.openresearchlab.org/findings/entrepreneurship
https://finance.yahoo.com/quote/SPOT
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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:
(12:24) AssemblyAI - Get 100 free hours to start building at https://www.assemblyai.com/twist
(26:57) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist
(38:05) Eight Sleep - Head to https://www.eightsleep.com/twist and use code TWIST to get $350 off the Pod 4 Ultra.
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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
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
Click on a timestamp to play from that location
| 0:00.0 | I think it's a little bit soul crushing when you go build features that are what you believe is good for your community and then you're told that you can't ship them because some company wants to put you in a box so that they can better compete with you. |
| 0:13.4 | Is he talking about himself or he's talking about a apple? |
| 0:16.0 | I think Mark Pinky said the same thing |
| 0:24.0 | and farmville and Zinga poker. |
| 0:27.0 | What we should do is we should take that club again and then scroll down |
| 0:30.0 | all the headlines of like Facebook turns off, |
| 0:32.0 | Facebook kills, Facebook, you know kills Facebook you know yeah yeah this |
| 0:35.2 | week in startups is brought to you by assembly AI get maximum value from |
| 0:41.0 | voice data with Assembly AI. |
| 0:43.0 | Build powerful products and features for your end users on the industry's leading speech-to-text models. |
| 0:49.0 | Get 100 free hours to start building at assembly AI.com |
| 0:53.8 | slash twist. |
| 0:55.0 | Vanta. |
| 0:56.6 | Compliance and security shouldn't be a dealbreaker for startups to win new |
| 1:00.3 | business. |
| 1:01.5 | Vanta makes it easy for companies to get a sock to report fast. |
| 1:06.0 | Twist listeners can get a thousand dollars off for a limited time at vanta.com slash twist. |
| 1:12.0 | And 8 sleep, good sleep is the ultimate game changer the newest generation of the pod the |
| 1:19.1 | pod for ultra has arrived head to to 8 Sleep.com |
| 1:22.7 | slash Twist and use code Twist to get 350 |
| 1:26.1 | dollars off the Pod4 Ultra. |
| 1:28.0 | All right everybody welcome back to this week in startups. |
... |
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