Logo

    Anand Nandakumar on the future of remote driving and ride services | E1978

    en-usJuly 10, 2024
    What is Halo Car's primary objective in the car rental industry?
    How does Tesla's remote driving technology improve trucking efficiency?
    What model of car ownership is suggested for the future?
    Why is transparency important for companies in the transportation industry?
    How could voice data technology benefit businesses in product development?

    Podcast Summary

    • Self-driving cars transparencyTransparency and honesty are essential for addressing safety concerns and regulatory issues in self-driving cars. Halo Car offers an alternative approach by focusing on improving the car rental experience with on-demand car delivery and allowing users to drive themselves after reaching their destination, eliminating the need for parking and reducing overall cost and complexity.

      Transparency and honesty are crucial in addressing safety concerns and regulatory issues, especially in the rapidly evolving field of self-driving cars. Halo Car, a company that provides a hardware kit for remote vehicle control, offers an alternative approach. Instead of focusing on autonomous driving, they aim to improve the car rental experience by delivering cars on-demand and allowing users to drive themselves after reaching their destination. This model eliminates the need for parking and reduces the overall cost and complexity of ridesharing. By starting with a car rental model and gradually expanding to short-term rentals, Halo Car intends to make the car rental process more convenient and efficient for customers.

    • Remote driver cost savingsUsing remote drivers based in affordable locations and AI technology in customer service can lead to significant cost savings and increased efficiency for car services.

      The use of remote drivers for car services can lead to significant cost savings and increased efficiency. This is because drivers in more expensive cities like San Francisco can be based in more affordable locations, such as Las Vegas, and can remotely reposition multiple vehicles during their shifts. Additionally, the use of AI technology in customer service, such as Intercom's AI co-pilot Fin, can lead to faster, cheaper, and better customer support with no sacrifices. The discussion also highlighted the significant cost difference in living expenses between cities like San Francisco and Vegas, making it financially feasible for remote drivers to earn a decent living while reducing overhead costs for car service companies.

    • Virtual driving revolutionA new company aims to revolutionize transportation by allowing people to work from home as virtual drivers, addressing unhappy workers' issues and offering benefits, inspired by an efficient data entry job. The future goal is VR technology and a hybrid solution with self-driving cars.

      A new company is aiming to revolutionize the transportation industry by allowing people to work from home as virtual drivers, moving digital representations of cars around in a simulation. This solution addresses the issue of unhappy workers in traditional jobs with low wages and no career growth, offering them a full-time, remote position with benefits. The inspiration for this concept came from an efficient data entry job done by the founder's mother in the 80s and 90s. The future goal is to implement full VR technology, allowing individuals to drive virtually from their homes. The company also plans to explore the possibility of combining this virtual driving with self-driving technology, allowing humans to monitor and intervene in acute situations. The founder, who previously led perception teams for Uber's self-driving unit, believes that automation will be a gradual process and that humans will still be needed in the loop even when full autonomy is achieved. The industry has faced setbacks due to high-profile incidents involving self-driving cars, but the founder believes that these incidents have highlighted the importance of having humans in the loop and that the industry will continue to evolve towards a hybrid solution.

    • Self-driving technology edge casesWaymo is leading the way in self-driving technology by allowing models to understand and solve edge cases on their own, but scaling up to 10% of ride-sharing rides is a challenge due to high HD map update costs and unit economics concerns. Tesla has an advantage due to data collection from millions of cars on the road.

      The future of self-driving technology lies in allowing the models to understand and solve edge cases on their own, while being supervised by data and context provided by humans. Waymo is currently leading the way due to their ability to collect vast amounts of data and run machine learning models in simulation mode. However, scaling up autonomous vehicles to reach 10% of ride-sharing rides is a significant challenge due to the high cost of maintaining and updating HD maps, which require constant updates as cities change. Waymo's unit economics are also a concern, with the high cost of maintaining each vehicle and the need to break even on a large number of rides. Elon Musk and Tesla have an advantage due to the millions of cars on the road with sensors, allowing for data collection in shadow mode. Squarespace, on a different note, offers tools to help businesses optimize their search engine presence and reach their audience effectively.

    • Remote driving in truckingTesla's remote driving technology enables truck drivers to rest during their breaks while a remote operator takes over, increasing efficiency and productivity in the trucking industry.

      Tesla is utilizing remote driving technology to improve transportation efficiency and safety, particularly in industries like trucking. The company has developed proprietary hardware that allows them to remotely take over vehicles, shift gears, and drive them like a giant RC car. This technology can be particularly useful in trucking, where drivers are required to take long breaks for rest, leading to inefficiencies and decreased productivity. Tesla's remote driving service can enable drivers to hand off control to a remote operator during their breaks, allowing them to rest and work on their own schedules. The technology also offers improved visibility around the vehicle, enabling remote drivers to intervene and take over control in situations where human intervention is necessary. Tesla's remote driving service could potentially revolutionize industries like trucking, logistics, and transportation as a whole by increasing efficiency, safety, and productivity.

    • Car Sharing FutureThe future of car ownership may shift towards shared models, leading to savings in parking space and housing. Advancements in voice data technology can help businesses analyze voice data for new product capabilities, but transparency and trust are crucial for companies in the transportation industry.

      The future of car ownership may shift towards a shared model where individuals can own a car when they need it, but put it back into a marketplace when they don't. This model, which is similar to ride-sharing and home-sharing platforms, could lead to significant savings in parking space and housing. Additionally, advancements in voice data technology, such as speech-to-text models, can help businesses quickly analyze and utilize voice data for new product capabilities. However, it's important for companies, especially those in the transportation industry, to maintain transparency and trust with regulators, as safety and public safety are top priorities. The interview also touched on the potential for this technology in densely populated cities like Tokyo, where car ownership is difficult, and the potential impact on housing.

    • Regulatory transparencyTransparency and collaboration with regulatory bodies are essential for autonomous vehicle companies to maintain trust and ensure safety. Waymo's upfront disclosure was praised, while withholding key information faced severe consequences.

      Transparency and honesty are crucial when dealing with regulatory bodies, especially in the context of autonomous vehicle technology. The discussion highlighted the contrasting approaches of two companies, Waymo and an unnamed competitor, in handling incidents involving their self-driving cars. Waymo was praised for its upfront disclosure and collaboration with regulators, while the other company was criticized for withholding key information and facing severe consequences. The importance of sunlight as a disinfectant in maintaining trust and ensuring safety cannot be overstated. Additionally, the conversation touched upon the challenges of autonomous vehicles in adverse weather conditions, such as fog, rain, ice, and snow. The automotive industry has made significant strides in handling these conditions, but autonomy still needs to improve in this regard. Human intervention and understanding of vehicle behavior can be valuable in such situations. Lastly, the speaker introduced Halo Car as a solution for car rental and fleet management companies looking to integrate remote driving capabilities into their operations. This technology could potentially lead to increased efficiency and improved customer experiences.

    Recent Episodes from This Week in Startups

    Superhuman 2.0: The AI edge, top productivity hacks, and the future of email | E2002

    Superhuman 2.0: The AI edge, top productivity hacks, and the future of email | E2002

    This Week in Startups is brought to you by…

    NetSuite. The number one cloud financial system that unifies accounting, financial management, inventory, and HR into a single platform. Giving you ONE source of truth. Download the CFO’s Guide to AI and Machine Learning today! Visit https://www.netsuite.com/twist

    Lemon.io - Hire pre-vetted remote developers, get 15% off your first 4 weeks of developer time at https://lemon.io/twist

    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

    *

    Todays show:

    Superhuman’s Rahul Vohra joins Jason to discuss the evolution of Superhuman. They delve into Superhuman's onboarding strategy (11:17), live demos of Superhuman's AI features (27:37), and explore AI's impact on team management (52:07), and more!

    *

    Timestamps:

    (0:00) Superhuman’s Rahul Vohra joins Jason

    (2:02) Rahul Vohra's background and Superhuman's pitch

    (6:33) Evolution and early challenges of Superhuman

    (9:59) NetSuite - Download the CFO’s Guide to AI and Machine Learning today! Visit https://netsuite.com/twist

    (11:17) Superhuman's onboarding strategy and customer feedback importance

    (20:55) New features in Superhuman 2.0 and multiplayer email

    (26:00) AI's impact on podcast production

    (26:16) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist

    (27:37) Live demo of Superhuman 2.0

    (38:38) AssemblyAI - Get 100 free hours to start building at https://www.assemblyai.com/twist

    (40:08) Importance of documenting conversations and Superhuman for Sales

    (44:17) Live demo of Superhuman's “Ask AI” feature

    (52:07) AI's impact on productivity and team management

    (58:27) AI tools for productivity

    (1:07:26) AI's future as a chief of staff and email management

    *

    Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com

    Check out the TWIST500: https://www.twist500.com

    *

    Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp

    *

    Follow Rahul:

    X: https://x.com/rahulvohra

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

    Check out: https://superhuman.com

    *

    Follow Jason:

    X: https://twitter.com/Jason

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

    *

    Thank you to our partners:

    (9:59) NetSuite - Download the CFO’s Guide to AI and Machine Learning today! Visit https://netsuite.com/twist

    (26:16) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist

    (38:38) AssemblyAI - Get 100 free hours to start building at https://www.assemblyai.com/twist

    *

    Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland

    *

    Check out Jason’s suite of newsletters: https://substack.com/@calacanis

    *

    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

    *

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

    This Week in Startups
    en-usSeptember 04, 2024

    AI Demos: Gemini Gmail, Search GPT, Groq with Voice & Playground | E2001

    AI Demos: Gemini Gmail, Search GPT, Groq with Voice & Playground | E2001

    Timestamps:

    (0:00) Sunny joins Jason to jump into AI demos.

    (1:21) Analysis of Q4's impact on startups and Nvidia's market performance

    (5:09) Chip design advancements and AI prevalence in startup technology

    (8:12) Experiences with ChatGPT-4 and Google's Gemini in Gmail

    (10:14) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at http://www.Squarespace.com/TWIST

    (11:36) Discussion on generative AI: filtered vs. unfiltered content

    (19:50) Vanta. TWiST listeners can get $1,000 off for a limited time at ⁠https://www.vanta.com/twist

    (20:03) Importance of SOC 2 compliance and AI's role in LinkedIn

    (22:42) AI integration in Gmail and throwing AI at business problems

    (25:28) AI personalization tools and grading AI email integration

    (29:01) Micro1. Visit ⁠https://www.micro1.ai/twist⁠ to open a talent search and get a 2 week free trial per hire.

    (32:22) Deep dive into Search GPT functionalities and Google's AI search evolution

    (39:08) Practical AI search tests and Yelp's data integration

    (43:17) Ethical considerations in personalized AI technology

    (45:26) AI-powered product recommendations and monetization of AI models

    (51:44) Legal challenges in AI and generation of web apps

    (56:15) Exploring practical AI applications and Claude AI's app development

    (1:00:14) The era of building your own apps and fast image generation tools

    (1:02:12) Comparison of Playground and Canva, impact on graphic design

    (1:04:28) Groq's itinerary creation and the future of user interfaces

    (1:07:14) Closing remarks and acknowledgments



    Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp

    *

    LINKS:

    Check out Gemini Gmail Chat: https://workspaceupdates.googleblog.com/2024/06/gemini-in-side-panel-of-gmail.html

    Check out Search GPT: https://chatgpt.com/search

    Check out Groq with Voice: https://groq.com

    Check out Claude: https://claude.ai/

    Checkout Playground: https://playground.com/design

    *

    Follow Sunny:

    X: https://twitter.com/sundeep

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

    *

    Follow Jason:

    X: https://twitter.com/Jason

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

    *

    Thank you to our partners: (10:14) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at http://www.Squarespace.com/TWIST

    (19:50) Vanta. TWiST listeners can get $1,000 off for a limited time at ⁠https://www.vanta.com/twist

    (29:01) Micro1. Visit ⁠https://www.micro1.ai/twist⁠ to open a talent search and get a 2 week free trial per hire.

    *

    Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com/

    Check out the TWIST500: twist500.com

    *

    Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland

    *

    Check out Jason’s suite of newsletters: https://substack.com/@calacanis

    *

    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

    *

    Subscribe to the Founder University Podcast: https://www.founder.university/podcast

    This Week in Startups
    en-usSeptember 04, 2024

    Episode 2000! Epic guests, huge news, and how to build a media legacy in 14 short years | E2000

    Episode 2000! Epic guests, huge news, and how to build a media legacy in 14 short years | E2000

    This Week in Startups is brought to you by…

    Squarespace. Turn your idea into a new website! Go to https://www.squarespace.com/twist for a free trial. When you’re ready to launch, use offer code TWIST to save 10% off your first purchase of a website or domain.

    LinkedIn Ads. To redeem a $100 LinkedIn ad credit and launch your first campaign, go to https://www.linkedin.com/thisweekinstartups

    Brex. the financial stack founders can bank on. Brex knows cash is king for startups, so they built a banking experience that takes every dollar further. Get the business account trusted by 1 in 3 US startups at ⁠https://www.brex.com/twist24

    *

    Todays show:

    Jason and Alex kick off episode 2000! They reflect on TWiST’s origins and early episodes (1:48), highlighting notable guests and memorable moments (22:31). They also share fan messages, and insights from cohosts (46:05), and wrap up celebrating standout moments (1:04:14).

    *

    Timestamps:

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

    (1:48) The origins and early days of TWiST

    (9:50) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://www.Squarespace.com/TWIST

    (11:03) Recollections of the first TWiST episodes

    (20:53) LinkedIn Ads - Get a $100 LinkedIn ad credit at https://www.linkedin.com/thisweekinstartups

    (22:31) Highlighting notable guests and memorable early episodes

    (30:33) Brex. Get the business account trusted by 1 in 3 US startups at https://www.brex.com/twist24

    (32:02) More on standout guests and the TWiST studio evolution

    (38:37) David Sacks makes his first appearance on TWiST

    (46:05) Messages from TWiST fans and cohosts

    (1:05:14) Celebrating standout moments and key highlights on the show

    (1:28:02) A special message from the Launch team

    *

    Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com

    Check out the TWIST500: https://www.twist500.com

    *

    Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp

    *

    Mentioned on the show:

    https://www.youtube.com/watch?v=yZX4fUYo6C0&list=PL24nOpPUQlbZcij2Jo-KNUpWFDSrrQKtH

    https://www.youtube.com/watch?v=t3bmpMX2qQ4

    https://www.youtube.com/watch?v=SP7B0oWTR3o

    https://www.youtube.com/watch?v=2cdrCYrZIvI

    https://youtu.be/wM0pVE_b1KU?si=NM1pK-pz9tUQFOqr&t=1366

    https://www.youtube.com/watch?v=550X5OZVk7Y

    https://www.youtube.com/watch?v=6VOQnK7O2To

    https://www.youtube.com/watch?v=n1_z9oOdytA

    https://www.youtube.com/watch?v=aM1DDVq3_vs

    https://www.youtube.com/watch?v=TYA_vdHSD8w

    https://www.youtube.com/watch?v=qwhP7K3bFRI

    https://www.youtube.com/watch?v=3seTmyRbcHU

    https://www.youtube.com/watch?v=ANGHOQ2Cqtc

    https://www.youtube.com/watch?v=HL2wWE27CUI

    https://www.youtube.com/watch?v=BXEO3oJKINA

    https://www.youtube.com/watch?v=43MgbwQBDik

    https://www.youtube.com/watch?v=SfJtIibCx78

    *

    Follow Alex:

    X: https://x.com/alex

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

    *

    Follow Jason:

    X: https://twitter.com/Jason

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

    *

    Thank you to our partners:

    (9:50) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://www.Squarespace.com/TWIST

    (20:53) LinkedIn Ads - Get a $100 LinkedIn ad credit at https://www.linkedin.com/thisweekinstartups

    (30:33) Brex. Get the business account trusted by 1 in 3 US startups at https://www.brex.com/twist24

    *

    Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland

    *

    Check out Jason’s suite of newsletters: https://substack.com/@calacanis

    *

    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

    *

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

    This Week in Startups
    en-usAugust 30, 2024

    Startup Pitch Competition: Three founders compete for $25K | E1999

    Startup Pitch Competition: Three founders compete for $25K | E1999

    This Week in Startups is brought to you by…

    Fidelity Private Shares. Fidelity Private Shares. Manage your cap table and data room, get faster, more accurate 409A valuation and fully automate your next financing round. Visit https://fidelityprivateshares.com! Mention our podcast and receive 20% off your first-year paid subscription.

    Google Cloud. Accelerate your startup journey with the Google for Startups Cloud Program. Get up to $200K in Google Cloud credits – or up to $350K for AI startups – plus training and guidance. Apply at https://startups.google.com/twist

    Runway. Looking to up-level your financial planning Runway is the modern and intuitive way to model, plan, and align your business for everyone on your team. Sign up at https://runway.com/twist to get your first 3 months free.

    *

    Todays show:

    Jason and Kelly kick off the Founder University startup pitch competition (00:00), then we hear from Eric Gilbert-Williams on The Public Bored (4:32), Matt Schwed on Speed AI (11:38), and Joe Tannorella on PodEngine (15:50). Finally, Jason awards a $25K investment, and details how to apply!

    *

    Timestamps:

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

    (4:32) Eric Gilbert-Williams pitches The Public Bored

    (10:24) Fidelity Private Shares - Visit https://fidelityprivateshares.com! Mention our podcast and receive 20% off your first-year paid subscription.

    (11:38) Matt Schwed pitches Speed AI

    (15:50) Joe Tannorella pitches PodEngine

    (23:33) Google Cloud - Accelerate your startup journey with the Google for Startups Cloud Program. Apply at https://startups.google.com/twist

    (25:03) Ranking the three companies

    (29:12) Founders' experiences and learning outcomes at Founder University

    (31:47) Runway - Sign up at https://runway.com/twist to get your first 3 months free.

    (33:18) Q&A

    *

    Founder University: Apply here: ⁠https://www.founder.university⁠

    *

    We are doing Founder Fridays meetups! Visit ⁠https://founderfridays.tech to learn more

    *

    Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com

    Check out the TWIST500: https://www.twist500.com

    *

    Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp

    *

    Follow Eric:

    LinkedIn: https://www.linkedin.com/in/eric-gilbert-williams

    Check out: https://www.publicbored.com

    *

    Follow Matt:

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

    Check out: https://getspeed.ai

    *

    Follow Joe:

    X: https://x.com/joetannorella

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

    Check out: https://podengine.ai

    *

    Follow Jason:

    X: https://twitter.com/Jason

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

    *

    Thank you to our partners:

    (10:24) Fidelity Private Shares - Visit https://fidelityprivateshares.com! Mention our podcast and receive 20% off your first-year paid subscription.

    (23:33) Google Cloud - Accelerate your startup journey with the Google for Startups Cloud Program. Apply at https://startups.google.com/twist

    (31:47) Runway - Sign up at https://runway.com/twist to get your first 3 months free.

    *

    Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland

    *

    Check out Jason’s suite of newsletters: https://substack.com/@calacanis

    *

    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

    *

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

    This Week in Startups
    en-usAugust 29, 2024

    The charges against Pavel Durov, the future of encryption, and secondaries are heating up | E1998

    The charges against Pavel Durov, the future of encryption, and secondaries are heating up | E1998

    This Week in Startups is brought to you by…

    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

    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

    Lemon.io. Hire pre-vetted remote developers, get 15% off your first 4 weeks of developer time at https://Lemon.io/twist

    *

    Todays show:

    Alex Wilhelm joins Jason to discuss the arrest of Pavel Durov (2:10), national security concerns (13:54), and encryption debates (20:02). They also dive into G Squared raising $1B for it’s latest fund, IBM's activities in China, iPhone production shifts, more (55:50)!

    *

    Timestamps:

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

    (2:10) Breaking news: Arrest of Pavel Durov, implications, and legal issues

    (13:02) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist

    (13:54) National security concerns and French president's statement on Durov's arrest

    (20:02) U.S. stance on encryption and the encryption debate

    (30:27) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist

    (31:53) Global perspectives on encryption, privacy, and tech platform power

    (38:41) Lemon.IO - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist

    (40:02) U.S. law enforcement, encrypted services, and social media censorship

    (55:50) Lightning round: G Squared raising $1.1B for its latest fund and IBM in China

    (1:11:06) Audience questions

    *

    Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com/

    Check out the TWIST500: https://www.twist500.com

    *

    Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp

    *

    Mentioned on the show:

    https://www.linkedin.com/in/jean-michel-bernigaud-426a181a8/recent-activity/all

    https://cointelegraph.com/news/telegram-issues-official-statement-on-pavel-durov-detention

    https://x.com/EmmanuelMacron/status/1828077245606342672

    https://x.com/Jason/status/1827488958512820448

    https://www.apple.com/customer-letter

    https://www.ft.com/content/b7bac796-c194-442a-95c8-204425435309

    https://www.secondariesinvestor.com/secondaries-fundraising-more-than-doubles-to-hit-all-time-high

    https://www.wsj.com/business/ibm-shuts-china-r-d-operations-in-latest-retreat-by-u-s-companies-b37cd9a0?st=7d9jarhfpzsugmm&reflink=desktopwebshare_permalink

    https://www.youtube.com/watch?v=AXO3OsYCS0g&t=218s

    https://www.youtube.com/watch?v=uWLjgs2CEyE

    *

    Follow Alex:

    X: https://x.com/alex

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

    *

    Follow Jason:

    X: https://twitter.com/Jason

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

    *

    Thank you to our partners:

    (13:02) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist

    (30:27) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist

    (38:41) Lemon.IO - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist

    *

    Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland

    *

    Check out Jason’s suite of newsletters: https://substack.com/@calacanis

    *

    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

    *

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

    This Week in Startups
    en-usAugust 26, 2024

    AI Demos: New Runway, Flux, Grok 2.0 & Jam Session with Ulama | E1997

    AI Demos: New Runway, Flux, Grok 2.0 & Jam Session with Ulama | E1997

    Todays show:

    Sunny joins Jason to dive into all things AI, including: utilizing ChatGPT for efficiency and quick answers (7:03, the future of AI applications and Claude demo (12:47), Flux demo (36:56). Runway Gen-3 Alpha (41:13), and new Jam with JCal with Tyce Herrman of Ulama.

    *

    Timestamps:

    (0:00) Sunny joins Jason to jump in to AI demos. (1:24) Sundeep Madra on AI market trends and consumer adoption (3:31) AI-native interns and AI's role in career trajectories (7:03) Utilizing ChatGPT for efficiency and quick answers

    (10:11) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at http://www.Squarespace.com/TWIST

    (12:47) Future of AI applications and Claude demo

    (19:44) LinkedIn Jobs - Post your first job for free at https://www.linkedin.com/twist

    (20:56) Operating systems and AI integration (22:20) Grok for real-time information and AI images of public figures (25:14) AI-generated content concerns and parody vs misinformation

    (30:12) Linear - Streamline issues, projects, and product roadmaps in a tool your team will actually enjoy using. Get 25% off at https://linear.app/twist

    (31:07) AI's impact on the 2024 election and content regulation (36:56) Introduction to Flux and demo of AI-generated images (41:13) AI's potential misuse in elections and Runway ML's new model (44:00) Creativity, fan films, and real-time editing advancements in AI (51:13) AI platforms for service industries and Mastertech AI applications (57:22) Funding opportunities for startups and closing remarks (1:01:55) Jam with JCal! Ulama introduction and software overview (1:04:34) AI in code compliance and architect feedback (1:07:45) Challenges in launching a standalone product and market potential (1:12:27) Strategies for architectural firm integration and marketing strategies

    *

    Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp

    *

    LINKS:

    Check out Grok 2.0: https://x.com/i/grok

    Check out Flux: https://replicate.com/black-forest-labs/flux-pro

    @RyanMorrisonJer’s tweet about Midjourney and Flux: https://x.com/ryanmorrisonjer/status/1822637652501319684?s=42

    Check out Runway Gen-3 Alpha: https://runwayml.com/research/introducing-gen-3-alpha

    Check out Avoca: https://www.avoca.ai/

    Check out MasterTech AI: https://www.mastertech.ai/

    Check out the Jam with JCal contest: https://jamwithjcal.tech/

    Check out Ulama: https://www.ulama.tech/

    *

    Follow Sunny:

    X: https://twitter.com/sundeep

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

    *

    Follow Tyce: X: https://x.com/tycecycle

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

    *

    Follow Jason:

    X: https://twitter.com/Jason

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

    *

    Thank you to our partners: (10:11) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at http://www.Squarespace.com/TWIST

    (19:44) LinkedIn Jobs - Post your first job for free at https://www.linkedin.com/twist

    (30:12) Linear - Streamline issues, projects, and product roadmaps in a tool your team will actually enjoy using. Get 25% off at https://www.linear.app/twist

    *

    Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com/

    Check out the TWIST500: twist500.com

    *

    Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland

    *

    Check out Jason’s suite of newsletters: https://substack.com/@calacanis

    *

    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

    *

    Subscribe to the Founder University Podcast: https://www.founder.university/podcast

    This Week in Startups
    en-usAugust 23, 2024

    Legal must-haves before raising capital with Becki DeGraw | Wilson Sonsini Startup Legal Basics

    Legal must-haves before raising capital with Becki DeGraw | Wilson Sonsini Startup Legal Basics

    Todays show: Wilson Sonsini Partner Becki DeGraw joins Jason on the latest edition of Startup Legal Basics! In this episode, they break down common legal oversights (5:26), risks of DIY legal documents (9:15), pro forma cap tables & ESOPS (18:31), and much more!

    *

    Timestamps:

    (00:00) Wilson Sonsini partner Becki DeGraw joins Jason

    (1:13) Legal preparations for startups and the importance of early legal counsel

    (5:26) Common Legal Oversights: Cap table, IP assignments, and employment agreements

    (9:15) Risks of DIY legal documents and safes

    (11:53) Cap tables and equity management

    (15:49) Impact of mismanagement on legal and financial outcomes

    (18:31) Pro forma cap tables and employee stock option plans (ESOPs)

    (21:39) Preparing for mergers and acquisitions (M&A) scenarios

    *

    Check Out Wilson Sonsini: ⁠⁠https://www.wsgr.com⁠

    Check Out: https://www.thisweekinstartups.com/basics

    *

    Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com/

    Check out the TWIST500: twist500.com

    *

    Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp

    *

    Follow Becki:

    LinkedIn: https://www.linkedin.com/in/rebecca-degraw-639bbb62

    *

    Follow Jason:

    X: https://twitter.com/Jason

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

    *

    Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland

    *

    Check out Jason’s suite of newsletters: https://substack.com/@calacanis

    *

    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

    *

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

    This Week in Startups
    en-usAugust 22, 2024

    AI on the blockchain, Waymo's rise, and the truth about tech layoffs | E1996

    AI on the blockchain, Waymo's rise, and the truth about tech layoffs | E1996

    This Week in Startups is brought to you by…

    Lemon.io - Hire pre-vetted remote developers, get 15% off your first 4 weeks of developer time at https://Lemon.io/twist

    .Tech Domains - Don’t miss our “Jam with JCal” contest! To apply and get more details go to https://jamwithjcal.tech brought to you by .tech domains.

    CommandBar. Seamlessly integrate an AI-powered guide into your software, making navigation intuitive and interactive. Visit https://commandbar.com/twist⁠ to get a custom live demo.

    *

    Todays show:

    Alex Wilhelm joins Jason to discuss AI on the blockchain (41:04), Waymo’s growth (29:27), tech layoffs (58:47), and more!

    *

    Timestamps:

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

    (2:24) Bolt's fundraising controversy and business model

    (8:24) CEO loans and board conflicts at Bolt

    (11:25) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist

    (12:46) Public vs. private equity borrowing and media integrity

    (21:18) Technology media industry reflections

    (28:32) .Tech Domains - Apply for the Jam Session with JCal contest today at https://jamwithjcal.tech

    (29:27) Waymo's growth and autonomous vehicle market

    (39:49) CommandBar - Visit https://commandbar.com/twist⁠ to get a custom live demo.

    (41:04) Story raises $80M for blockchain-based IP network

    (46:23) Stablecoins and SEC investigations

    (58:47) The truth behind tech layoffs

    (1:07:26) Audience questions

    *

    Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com

    Check out the TWIST500: https://www.twist500.com

    *

    Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp

    *

    Mentioned on the show:

    https://x.com/pitdesi/status/1826262321045610846

    https://techcrunch.com/2022/05/25/fintech-bolt-just-laid-off-over-100-employees-across-engineering-sales-and-marketing

    https://www.pymnts.com/personnel/2023/one-click-checkout-startup-bolt-laying-off-10-of-workforce

    https://www.reddit.com/r/SelfDrivingCars/comments/1co9loz/waymo_makes_now_50000_paid_trips_every_week_in_3

    https://waymo.com/blog/2024/06/waymo-one-is-now-open-to-everyone-in-san-francisco

    https://x.com/TechTekedra/status/1825910695311114384

    https://techcrunch.com/2024/07/23/alphabet-to-invest-another-5b-into-waymo

    https://www.cnn.com/2024/07/18/cars/china-baidu-apollo-go-robotaxi-anxiety-intl-hnk

    https://www.comma.ai

    https://autoware.org

    https://openai.com/index/gpt-4o-fine-tuning

    https://openai.com/index/conde-nast

    https://apnews.com/article/authors-sue-anthropic-claude-ai-chatbot-chatgpt-copyright-54ae787070bdfc8019ab29b70487c02

    https://www.sec.gov/ix?doc=/Archives/edgar/data/858877/000119312524200636/d878533d8k.htm

    https://techcrunch.com/2024/08/20/cisco-employees-face-a-month-of-silence-ahead-of-second-layoff-in-2024

    https://www.theverge.com/2024/8/1/24210656/intel-is-laying-off-over-10000-employees-and-will-cut-10-billion-in-costs

    https://layoffs.fyi

    *

    Follow Alex:

    X: https://x.com/alex

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

    *

    Follow Jason:

    X: https://twitter.com/Jason

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

    *

    Thank you to our partners:

    (11:25) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist

    (28:32) .Tech Domains - Apply for the Jam Session with JCal contest today at https://jamwithjcal.tech

    (39:49) CommandBar - Visit https://commandbar.com/twist⁠ to get a custom live demo.

    *

    Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland

    *

    Check out Jason’s suite of newsletters: https://substack.com/@calacanis

    *

    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

    *

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

    This Week in Startups
    en-usAugust 22, 2024

    Venture returns, recovering startups, and VC conflicts | E1995

    Venture returns, recovering startups, and VC conflicts | E1995

    This Week in Startups is brought to you by…

    Coda. Coda empowers your startup by bringing words, tables, and teams together. Strategize, plan, and track goals effectively with all your valuable data in one place. Go to https://www.Coda.io/twist to get started for FREE and get 6 free months of the Team plan.

    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

    Fundrise provides access to diversified portfolios of private real estate to all investors with their industry leading, easy to use platform. Sign up today at https://fundrise.com/TWIST

    *

    Todays show:

    Alex Wilhelm joins Jason to discuss venture capital fund performance (15:02), potential big tech breakups (41:14), SF Standard piece analysis on Ben and Felicia Horowitz (47:04), startup shutdowns (1:11:28), and more!

    *

    Timestamps:

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

    (5:31) Discussion on productivity and browsers with ChatGPT-4

    (10:21) Coda - Empower your startup with Coda’s Team plan for free—get 6 months at https://www.Coda.io/twist

    (11:54) Debate on regulations in the U.S.

    (15:02) Deep dive into venture capital fund performance, IRR, and DPI

    (25:37) Strategy of David Clark's fund of funds

    (27:16) Realities of investing in venture capital

    (30:02) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist

    (30:53) Venture capital performance impact on LPs and future fundraising

    (34:23) Consequences for new and small venture firms

    (39:24) Fundrise - Sign up today at https://fundrise.com/TWIST

    (41:14) Analysis of antitrust issues and potential big tech breakups

    (45:29) Search engine market competition strategies

    (46:19) Venture capital market stress and its effects on VC behavior

    (47:04) SF Standard piece analysis on Ben and Felicia Horowitz

    (59:12) Venture capital rivalries and media narratives

    (1:03:03) Discussion on US deficit, economic policies, and election outcomes

    (1:11:28) Startup shutdowns, failure rates, and positive venture capital data

    (1:17:02) Reflections on resilience during tough economic times

    (1:20:08) Audience questions

    *

    Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com/

    Check out the TWIST500: https://www.twist500.com

    *

    Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp

    *

    Mentioned on the show:

    https://x.com/daveclark85/status/1825448801672327229

    https://sfstandard.com/2024/08/16/felicia-ben-horowitz-party-switch

    https://archive.is/xgHUv

    https://carta.com/blog/vc-fund-performance-q1-2024

    *

    Follow Alex:

    X: https://x.com/alex

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

    *

    Follow Jason:

    X: https://twitter.com/Jason

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

    *

    Thank you to our partners:

    (10:21) Coda - Empower your startup with Coda’s Team plan for free—get 6 months at https://www.Coda.io/twist

    (30:02) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist

    (39:24) Fundrise - Sign up today at https://fundrise.com/TWIST

    *

    Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland

    *

    Check out Jason’s suite of newsletters: https://substack.com/@calacanis

    *

    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

    *

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

    This Week in Startups
    en-usAugust 20, 2024

    Liquidity: Recession fears, AI market shifts, and the future of tech hubs | E1994

    Liquidity: Recession fears, AI market shifts, and the future of tech hubs | E1994

    This Week in Startups is brought to you by…

    Squarespace. Turn your idea into a new website! Go to https://www.Squarespace.com/TWIST for a free trial. When you’re ready to launch, use offer code TWIST to save 10% off your first purchase of a website or domain.

    CLA. Innovation takes balance. CLA's CPAs, consultants, and wealth advisors can help you get from startup to where you want to end up. Get started now at https://www.CLAconnect.com/tech

    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

    *

    Todays show:

    David Weisburd hosts Elad Gil, David York, and Jason Calacanis to discuss recession fears (2:15), new investment trends (24:44), geographic and talent concentration in the startup sector (56:48), and more!

    *

    Timestamps:

    (0:00) David Weisburd intros Elad Gil, David York, and Jason Calacanis

    (2:15) Recession fears and their effects on Silicon Valley and startups

    (5:18) AI market segments, enterprise adoption, and SaaS spending slowdown

    (10:55) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://www.Squarespace.com/TWIST

    (12:19) Private equity, tech buyouts, and excess capital management

    (19:35) AI-driven buyouts and efficiency improvements

    (23:09) CLA - Get started with CLA's CPAs, consultants, and wealth advisors now at https://claconnect.com/tech

    (24:44) New investment trends and key startup ecosystems

    (28:10) Founder inspiration and the impact of competitive ecosystems

    (30:06) Role of accelerators in early-stage investing and startup formation

    (34:16) Layoffs, FIRE movement, and FTC ruling on non-competes

    (37:21) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist

    (38:48) Liquidity and challenges for LPs in incubators and accelerators

    (56:48) Geographic and talent concentration in the startup sector

    (1:02:32) Tech hub movements, office culture, and remote vs. in-office work trends

    *

    Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com

    Check out the TWIST500: https://twist500.com

    *

    Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp

    *

    Mentioned on the show:

    https://www.reuters.com/markets/us/futures-slide-amazon-intel-forecasts-disappoint-jobs-data-awaited-2024-08-02

    https://www.boringbusinessnerd.com/post/top-startup-accelerators

    *

    Follow Elad:

    X: https://x.com/eladgil

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

    Check out: https://eladgil.com

    *

    Follow David York:

    LinkedIn: https://www.linkedin.com/in/david-york-2407295

    Check out: https://ttcp.com/

    *

    Follow David Weisburd:

    X: ⁠⁠https://twitter.com/DWeisburd⁠⁠

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

    Check out: ⁠⁠https://10xcapital.com

    *

    Follow Jason:

    X: https://twitter.com/Jason

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

    *

    Thank you to our partners:

    (10:55) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://www.Squarespace.com/TWIST

    (23:09) CLA - Get started with CLA's CPAs, consultants, and wealth advisors now at https://claconnect.com/tech

    (37:21) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist

    *

    Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland

    *

    Check out Jason’s suite of newsletters: https://substack.com/@calacanis

    *

    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

    *

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

    This Week in Startups
    en-usAugust 16, 2024