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    EyeRate CEO Ray Weisberg on scaling from $0 to $10M + Steve Jurvetson on disruptive tech | E1765

    en-usJune 20, 2023
    What is Launch's approach to investing in startups?
    How does VEED.IO assist with video creation for businesses?
    What role does content creation play in scaling a business?
    How does employee-driven growth benefit a business?
    What is critical for businesses before expanding into new industries?

    • Investing in winning startups early onBuild strong relationships with founders and provide them with necessary resources and support to succeed, leading to successful investments.

      Successful investments often come from the founders who may not require as much handholding, while dealing with challenges from those who face significant hurdles can consume a lot of time for investors. The investor in this discussion, Launch, aims to be the first investor in a winning startup and the first to reach 10% ownership. They achieve this through various programs, including providing initial funding for founders and an accelerator program to help refine pitches and products. The success of these investments comes from building strong relationships with founders early on and providing them with the resources and support they need to succeed.

    • Recognizing unique insights from customers and employees leads to successful business ideasIdentifying the crucial role of service providers in driving customer engagement and sales led Irate to create a review system integrated with point-of-sale systems, benefiting businesses and rewarding employees

      Identifying unique insights from the experiences and needs of both customers and employees can lead to successful business ideas. In the case of the startup Irate, the founders recognized that service businesses heavily rely on online reviews and that service providers, who often go unrecognized, play a crucial role in driving customer engagement and sales. The initial idea of using iPads for customer reviews didn't work, but the founders pivoted and integrated the review system with point-of-sale systems and incentivized employees to encourage customers to leave authentic online reviews. This not only benefits the businesses by improving their online presence but also acknowledges and rewards the hard work of service employees.

    • A business that integrates with POS systems for customer feedback and instant payment of positive reviewsThis business, which connects with 50 POS companies, has grown significantly with 4,500 businesses, 90,000 employees, and nearly 10 million in revenue, offering authentic customer feedback and employee payment for positive reviews.

      The discussed business, which integrates with 50 leading point of sale companies to facilitate automated customer feedback and instant payment for positive reviews, has experienced significant growth since its inception. With over 4,500 businesses, 90,000 employees, and approaching 10 million in revenue, the platform has proven to be a valuable tool for businesses to manage customer experiences and employee earnings. This model provides authenticity and honesty in the review process, as opposed to previous methods where businesses could purchase fake reviews. The business has been successful in reaching its target audience of B2B decision-makers through platforms like LinkedIn, specifically targeting the 180 senior-level executives on the platform. Overall, the business's unique approach to customer feedback and review generation has led to impressive growth and value for both businesses and employees.

    • Leveraging LinkedIn for B2B Marketing and Connecting with C-Level ExecutivesLinkedIn is a valuable resource for reaching C-suite members and creating effective B2B marketing campaigns. Focusing on employee incentives and product innovation can lead to 'employee-driven growth' and a powerful narrative for business success.

      LinkedIn is a powerful platform for reaching C-level executives and making effective B2B marketing campaigns. With 10 million C-suite members, it's where business happens. Jay Cowell, a successful entrepreneur, encourages businesses to leverage LinkedIn's potential and offers a $100 credit for new users to get started. During his time at a venture-backed startup, Cowell learned the importance of creating a new category, or "employee-driven growth," by focusing on employee incentives and product innovation. This unique framing not only resonates with employers but also empowers employees. Framing is a crucial aspect of business success, and understanding attribution theory can help shape how we view and approach challenges. By attributing growth to employees, businesses can create a powerful and motivating narrative.

    • Employee-driven growth: Incentivizing employees and setting businesses apartPaying employees based on great reviews can incentivize them, set businesses apart, and create new markets. Focus on a few industries, achieve critical mass, and expand with enterprise solutions.

      Employee-driven growth can be a game-changer for businesses, particularly in industries like retail and small businesses. The speaker shares an example of a business that pays out $50,000 per month to its employees based on great reviews, equating to around $25 per review. This approach not only incentivizes employees but also sets the business apart from competitors and creates a new market. The speaker, who runs a successful business in this space, discusses how they've embraced this philosophy and how it has led to significant growth. This strategy can be applied to various industries and business sizes, with the potential for enterprise solutions in the future. The speaker emphasizes the importance of focusing on a few industries at a time and achieving critical mass before expanding. They also express gratitude for the support from their investors and the impact the accelerator program has had on their company's success.

    • Easily create professional videos with VEED.IOVEED.IO is a user-friendly video editor that helps founders create high-quality videos for business growth, even without video editing skills. Consistent content creation and engagement with the audience may become crucial for scaling from 10M to 100M.

      Creating professional quality videos can significantly help grow a business, even for those without video editing skills. VEED.IO, a web-based video editor, offers easy-to-use features and templates to make video creation faster and more accessible. For founders looking to scale their companies from 10 million to 100 million, having a marketing function and consistent content creation may become crucial, as market pull alone might not be enough. Elon Musk's success with Tesla, which relied on market pull, demonstrates the potential impact of content creation and regular engagement with the audience. Overall, leveraging tools like VEED.IO and focusing on content creation can be essential steps for business growth.

    • Marketing for Business Growth: Utilizing Case Studies, Planning, and TransparencyEffectively market your business through case studies, plan for growth over two years, and prioritize transparency and experienced leadership for successful scaling.

      Effective marketing and a well-planned marketing strategy are crucial for business growth. This includes utilizing case studies, building a two-year marketing plan, and considering hiring a CMO or CFO as the business scales. Transparency and radical candor within the founding team are also essential for overcoming challenges and maintaining focus on growth. Additionally, finding executives who have experience scaling businesses is important for navigating different growth phases. Remember, marketing is about letting your customers speak for you, and a well-executed marketing strategy can significantly impact a business's growth and success.

    • Implementing Amazon's 'working backwards' methodAmazon's 'working backwards' method saves time and resources by bringing experts on board, creating detailed plans, and encouraging active engagement and understanding among team members.

      Implementing Amazon's "working backwards" method can significantly improve operational efficiency and strategic alignment within a team. This approach involves hiring experts, or "bar raisers," who bring new knowledge and insights to the table, and creating a detailed, written plan for new projects or initiatives before starting the implementation. This method saves time and resources by anticipating potential questions and concerns, and encourages active engagement and understanding among team members. By reading and discussing these plans together, teams can elevate their performance and work towards a shared vision.

    • Leveraging Introductions for Successful FundraisingPersonal introductions from reputable sources can lead to valuable connections and opportunities for successful fundraising. Investing in disruptive technologies is also a growing trend for entrepreneurial disruption in various sectors.

      Building relationships and getting introductions can significantly help in securing investments. Personal introductions from reputable sources can lead to valuable connections and opportunities that may not have been available otherwise. This was evident in the speaker's experience, where intros from Jackie and other investors led to meetings with world-class investors and ultimately, successful fundraising rounds. Additionally, investing in disruptive technologies, once considered impossible, is now a growing trend due to the increasing opportunities for entrepreneurial disruption in various sectors such as space, cars, agriculture, and energy.

    • Disruptive innovations led by new entrantsInvesting in companies that disrupt industries and change the world for the better can lead to significant returns, but comes with risks.

      Meaningful change in industries is driven by disruptive innovations led by new entrants, rather than established companies. These disruptive innovations can come from various sources such as privatization, deregulation, or financial shocks. Investing in these disruptive companies can lead to significant returns, as seen with Tesla and SpaceX, but it also comes with risks. The speaker emphasizes the importance of looking for companies that have the potential to change the world for the better over the long term, and structuring their fund accordingly. Despite the risks, the potential rewards of investing in disruptive innovations far outweigh the risks, as history has shown that new entrants are the ones who lead industry-changing innovations.

    • Exponential progress in computing disrupts industries and creates new opportunitiesMoore's Law drives exponential growth in computing power, shifting competition towards software-driven companies and offering endless possibilities for innovation and investment

      The exponential progress of technology, particularly in computing, has consistently disrupted industries and created new opportunities. Moore's Law, which describes the exponential increase in computing power, has been a driving force behind this trend. This progress is not limited to specific technologies or companies, but rather represents a broader, uninterrupted advancement in human capacity to compute. The shift towards software-driven companies, such as Tesla and SpaceX, is a reflection of this trend, as their competition is based on computational power and innovation. The curve of computing progress, which started with traditional CPUs and has more recently seen a shift towards GPUs, highlights this sea change. Despite the disruptions, this progress continues to offer new possibilities, making it an exciting time for innovation and investment.

    • Rapid technological progress in AI and computing leads to disruptive innovationThe exponential pace of technological progress in AI and computing is leading to disruptive innovation in various industries, with custom chips and brain-mimicking architectures outperforming traditional chips. This is transforming industries that don't traditionally focus on IT, and those that can't keep up risk being left behind.

      The pace of technological progress, particularly in the field of AI and computing, is accelerating exponentially, leading to disruptive innovation in various industries. Custom chips like A6 and companies like Mythic, which mimic the human brain's analog compute architecture, are outperforming traditional chips like NVIDIA. This exponential progress is leading to advancements in areas that were once unsimulatable, such as autonomous driving and rocket engineering. Industries that don't traditionally focus on IT are starting to feel the impact, as the ability to process information quickly becomes the basis of competition. SpaceX and Tesla's transformative impact on the automotive and aerospace industries serve as examples of this trend. All industries will eventually be transformed in some way by this pace of progress, and those that can't keep up risk being left behind. The first successful iterations of new technologies, like SpaceX's rocket landings and human astronaut missions, can inspire the next generation of innovators. In essence, the rapid iteration and learning loop of software stacks are leaving traditional hardware-focused businesses behind.

    • The future of industries lies in software innovationSoftware-driven systems are revolutionizing industries, with SpaceX leading the charge in aerospace. Focus on software innovation and rapid iteration cycles can lead to significant market share growth.

      The future of industries, particularly those in manufacturing and transportation, lies in the software domain. SpaceX, as an example, revolutionized the aerospace industry by focusing on software innovation and rapid iteration cycles. They built their own simulation tools and even predictive engines, making their rockets fully autonomous vehicles. This shift to software-driven systems led to a significant decrease in market share for traditional players in the industry, such as the United States, which saw a drop to 0% in the late 2000s. However, with the entry of SpaceX and its cost-effective solutions, the market share began to grow rapidly, reaching about 90% in 2023. This trend is not limited to the aerospace industry, as the software stack will increasingly become the key purchasing factor in various industries, including automobiles and technology. The physical components will become commoditized, and the focus will shift to the software and services that run on them.

    • Disruption in Space Industry by SpaceXSpaceX's cheaper access to space leads to advancements in satellite technology, increasing internet connectivity, and creating new opportunities for entrepreneurship, education, and economic growth.

      The cheaper access to space brought about by companies like SpaceX is disrupting various industries and creating new opportunities. This disruption started with SpaceX's Falcon 1 and Falcon 9 launches in 2009, leading to an influx of investment in the space industry. The lower costs have enabled advancements in satellite technology, leading to constellations with thousands of satellites for communications, navigation, imaging, and Earth observation. This will result in a significant increase in the number of people connected to the internet, bringing an estimated 3 billion people online sooner than expected. The implications of this are vast, including increased entrepreneurship, global education, and economic opportunities for previously disconnected populations. SpaceX's vision of making humanity a multi-planetary species and Tesla's goal of making all vehicles electric serve as motivating factors for their employees and align the organization towards long-term objectives.

    • Investing in the future can lead to present day advantagesHaving a clear, ambitious vision for the future and iterating for present customer needs can lead to innovative advancements and competitive advantages.

      Companies with ambitious, long-term goals can create a competitive advantage in the present. SpaceX, for example, invested heavily in reusable rockets and shifting fuel sources based on their vision of colonizing Mars. This led to innovations and improvements that benefited them in the current market. The speaker emphasizes the importance of having a clear, ambitious vision for the future, while also iterating and adapting to customer needs in the present. Additionally, the speaker discusses the potential for significant disruptions and shifts in industries, such as the move towards sustainable food sources and autonomous vehicles, which can be predicted with a long-term perspective. Investing in companies during economic downturns can also yield successful, long-term businesses, as entrepreneurs during these times are often more committed and focused on building something sustainable.

    • Customer-focused approach leads to sustainable businessesFocusing on customers, learning from them, and iterating quickly leads to sustainable businesses. Innovation can also transform traditional industries with significant room for improvement.

      Building companies with a customer-focused approach, rather than chasing after funding, leads to more sustainable businesses. This was emphasized in the context of the tech industry, but it can be applied to various sectors. The speaker also highlighted the potential for innovation and digitalization in industries like construction, where labor productivity has been stagnant and there's significant room for improvement. However, finding the right solution in these industries is not an easy task, and it requires meeting with numerous entrepreneurs and looking for novel approaches. Another topic touched upon was the customization of assets, such as GPUs, in the tech industry. While this customization can lead to better performance, it also raises questions about whether this will eventually get commoditized and become accessible to a larger market. The speaker acknowledged that this is a complex issue and that it's important to consider the history of Moore's Law and the role of heroic experiments in driving innovation. Overall, the conversation underscored the importance of focusing on customers, learning from them, and iterating quickly in order to build companies that can last. It also highlighted the potential for innovation in industries that have been slow to adopt technology.

    • The Future of AI in Everyday Consumer ProductsAI technology is advancing rapidly but not yet widely integrated into everyday consumer products due to significant investment required for hardware development and competitive advantage gained from computational superiority, but investors are looking to democratize this technology.

      Neural networks and advanced AI capabilities are becoming increasingly accessible, but it will take some time for this technology to be widely integrated into everyday consumer products. Neural nets could potentially be implemented in various devices, from security cameras to voice interfaces in household robots, making them more personalized and efficient. However, this technology is currently primarily in the domain of large vendors and tech companies due to the significant investment required for hardware development and the competitive advantage gained from having computational superiority. This arms race for computational power is driving the rapid advancement of AI technology, and investors are looking for ways to democratize this technology and make it more accessible to the masses. So, while we can look forward to a future where our household appliances and devices are smarter and more personalized, it will take some time for this future to become a reality.

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    (32:07) The landscape of AI startup investments (35:20) How AI is enhancing developer productivity (36:33) AI's potential in consumer markets (38:16) Uber's partnership with Waymo and its implications (41:15) The realities of autonomous vehicle technology deployment (47:00) The government's role in autonomous vehicle tech and partnerships with big tech (52:26) Economic insights: Predictions on the Fed rate cut (56:26) The influence of interest rates on startups and investment strategies (58:52) Discussing cost of living adjustments and food delivery trends (1:00:44) Innovations in autonomous food preparation (1:01:21) Analyzing Mr. Beast's content creation and business culture (1:09:12) How large companies can maintain focus on goals

    *

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    Mentioned on the show:

    OpenAI o1’s announcement: https://openai.com/index/learning-to-reason-with-llms/

    OpenAI release article on The Verve: https://www.theverge.com/2024/9/12/24242439/openai-o1-model-reasoning-strawberry-chatgpt

    Supermaven article: https://techcrunch.com/2024/09/16/ai-coding-assistant-supermaven-raises-cash-from-openai-and-perplexity-founders/

    Twitter post from Michael Seibel: https://x.com/mwseibel/status/1835063692117103090

    Waymo and Uber expand partnership: https://waymo.com/blog/2024/09/waymo-and-uber-expand-partnership/

    Polymarket on Fed Interest Rates: https://polymarket.com/event/fed-interest-rates-september-2024?tid=1726496650092

    Leaked Mr Beast doc: https://drive.google.com/file/d/11dV24Mda_kNEBCLtPtBomWG4IkngvQKK/view

    Travis Kalanick | All-In Summit 2024 video**:** https://www.youtube.com/watch?v=8j7lwauJN2s

    *

    Follow Alex:

    X: https://x.com/alex

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

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    X: https://twitter.com/Jason

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

    *

    Thank you to our partners:

    (10:23) Washington Post - TWiST listeners can subscribe for just 50 cents per week for your first year at https://www.washingtonpost.com/twist

    (20:39) AssemblyAI - Get 100 free hours to start building at https://www.assemblyai.com/twist

    (30:26) 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

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    Substack: https://twistartups.substack.com

    *

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

    This Week in Startups
    en-usSeptember 17, 2024

    Relationship Advice of the Investor Sort with Meghan Reynolds of Altimeter | E2008

    Relationship Advice of the Investor Sort with Meghan Reynolds of Altimeter | E2008

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    *

    Todays show:

    Meghan Reynolds takes the stage at Liquidity Summit 2024 to discuss the intricacies of raising capital and pitching to VCs. Meghan dives into many topics including the importance of relationships (3:07), fund size rationalization (20:36), market sentiment (25:55), and other crucial aspects of successful fundraising!

    *

    Timestamps:

    (0:00) Meghan Reynolds takes the stage at Liquidity Summit 2024

    (3:07) Meghan Reynolds’ talk “Relationship Advice: Of the LP / GP Sort”

    (9:43) LinkedIn Ads - Get a $100 LinkedIn ad credit at http://www.linkedin.com/thisweekinstartups

    (10:59) Client service in investor relations and fundraising strategies

    (15:07) The complexity factor in raising capital

    (19:19) Runway - Sign up at https://runway.com/twist to get your first 3 months free.

    (20:36) Rationalizing fund size, securing re-ups, and worst pitching practices

    (25:55) Market sentiment and single deal SPV dynamics

    (29:34) Beehiiv - Get 30 days free and 20% off your first 3 months at https://www.beehiiv.com/twist

    (31:02) VC allocations, private credit, and market dynamics

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    Check out Altimeter: https://www.altimeter.com

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    Follow Meghan X: https://x.com/MeghanKReynolds

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

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    *

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

    *

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    This Week in Startups
    en-usSeptember 13, 2024

    The New Power Law & How I Built a $100B Portfolio | E2007

    The New Power Law & How I Built a $100B Portfolio | E2007

    This Week in Startups is brought to you by…

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    *

    Timestamps:

    (0:00) Jason joins Pejman Nozad and Jason Shuman at the Liquidity Summit 2024.

    (3:25) Pejman Nozad’s “How I Built a $100B Portfolio”

    (10:42) .Tech Domains. Don’t miss our “Jam with JCal” contest! To apply and get more details go to https://jamwithjcal.tech/

    (21:34) Fidelity Private Shares. Visit https://www.fidelityprivateshares.com/ Mention our podcast and receive 20% off your first-year paid subscription.

    (23:50) Jason joins Pejman for a fireside chat.

    (36:33) Oracle. Save up to 50% on your cloud bill at https://www.oracle.com/twist

    (38:02) Jason Shuman’s “The New Power Law: Good vs Great Funds”:


    Subscribe to the TWiST newsletter: https://www.ticker.thisweekinstartups.com

    *

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    Check out Pear: https://pear.vc/

    Check out Primary: https://www.primary.vc/

    *

    Follow Pejman Nozad: X: https://x.com/pejmannozad

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

    *

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    X: https://x.com/JasonrShuman

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

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

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    (10:42) .Tech Domains. Don’t miss our “Jam with JCal” contest! To apply and get more details go to https://jamwithjcal.tech/

    (21:34) Fidelity Private Shares. Visit ****https://www.fidelityprivateshares.com/ Mention our podcast and receive 20% off your first-year paid subscription.

    (36:33) Oracle. Save up to 50% on your cloud bill at https://www.oracle.com/twist

    *

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

    *

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    *

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    This Week in Startups
    en-usSeptember 11, 2024

    Boom: Supersonic speeds for everyday travel with Blake Scholl | E2006

    Boom: Supersonic speeds for everyday travel with Blake Scholl | E2006

    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

    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.

    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:

    Boom Supersonic’s Blake Scholl joins Jason to discuss the future of supersonic flight (1:18), Boom's vision and test flights (9:25), the evolution of hardware startups (22:29), the future of autonomous aviation (1:17:06), and much more!

    *

    Timestamps:

    (0:00) Boom Supersonic’s Blake Scholl joins Jason

    (1:18) Commercial flight speed & Concorde history

    (8:34) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist

    (9:25) Boom's XB-1 test flights and airline partnerships

    (15:04) Pricing, market comparison, and venture capital's view on hardware startups

    (21:16) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://www.Squarespace.com/TWIST

    (22:29) Evolution of startup market and hardware innovation

    (29:03) Boeing's innovation decline and attracting talent to projects

    (36:15) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist

    (37:42) Working with tech legends and overcoming engine design challenges

    (49:14) Cross-discipline innovation

    (57:01) Learning from Air France 447 and cockpit safety design

    (1:03:36) Cockpit technologies and the MH370 mystery

    (1:11:30) Public perception of aviation risks and airport security impact

    (1:17:06) The future of autonomous aviation

    *

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

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    Follow Blake:

    X: https://x.com/bscholl

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

    Check out: https://boomsupersonic.com / https://x.com/boomaero

    *

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    X: https://twitter.com/Jason

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

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    Thank you to our partners:

    (8:34) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist

    (21:16) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://www.Squarespace.com/TWIST

    (36:15) 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

    *

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    Substack: https://twistartups.substack.com

    *

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

    This Week in Startups
    en-usSeptember 11, 2024

    Scaling Childcare with Tech: Winnie.com’s Blueprint for Growing with Purpose & Profit | E2005

    Scaling Childcare with Tech: Winnie.com’s Blueprint for Growing with Purpose & Profit | E2005

    This Week in Startups is brought to you by…

    Brave Search API. Get started for free at ⁠https://www.brave.com/jason

    CLA. Get started now at ⁠https://www.claconnect.com

    Sprig**.** Visit https://sprig.com/twist to book a demo and get a $75 gift card.

    *

    Timestamps:

    (0:00) Sara Mauskopf, CEO of Winnie joins Alex

    (1:45) Winnie's evolution, pivot, and focus on childcare services (7:25) Building Winnie's database and reflections on company growth

    (9:55) Brave Search API. Get started for free at ⁠https://www.brave.com/jason

    (12:08) The value of transparency and growth metrics

    (19:20) CLA. Get started now at ⁠https://www.claconnect.com/

    (21:16) Market positioning, motivations, and goals in the childcare industry (23:30) Addressing gender dynamics and startup funding (27:34) Balancing investor expectations with business models

    (29:43) Sprig. Visit https://sprig.com/twist ****to book a demo and get a $75 gift card.

    (31:10) Profitability, operational efficiency, and managing costs (37:01) Marketing strategies, brand growth, and the impact of Google’s model (40:30) Adapting to changing childcare demands due to remote work (44:08) Efforts to reduce childcare costs and home-based business challenges (50:06) Balancing profitability with growth and venture capital experiences (54:00) SaaS pricing challenges and the impact of AI (58:22) Tech M&A, FTC regulations, and innovation policies

    *

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    Check out the TWIST500: twist500.com

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    *

    Check out: Winnie: https://winnie.com/

    Check out 2024 Inc. 5000 list: https://www.inc.com/inc5000/2024

    Check out the BLS statistics: https://www.bls.gov/cps/telework.htm#data

    *

    Follow Sara:

    X: https://x.com/sm

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

    *

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    X: https://x.com/alex

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

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    (9:55) Brave Search API. Get started for free at ⁠https://www.brave.com/jason

    (19:20) CLA. Get started now at ⁠https://www.claconnect.com/

    (29:43) Sprig. Visit https://sprig.com/twist to book a demo and get a $75 gift card.

    *

    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

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    Substack: https://twistartups.substack.com

    *

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    This Week in Startups
    en-usSeptember 09, 2024

    The Rise of Stablecoins with Circle’s Jeremy Allaire | E2004

    The Rise of Stablecoins with Circle’s Jeremy Allaire | E2004

    This Week in Startups is brought to you by…

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    Todays show:

    Circle’s Jeremy Allaire joins Alex Wilhelm to discuss the growth of stablecoins (49:06), stablecoin market infrastructure (22:23), their impact on global financial systems (56:07), and more!

    *

    Timestamps:

    (0:00) Circle’s Jeremy Allaire joins Alex Wilhelm

    (2:08) Jeremy's early career and the evolution of the internet

    (5:28) Transition from Macromedia to Circle's founding

    (12:10) LinkedIn Jobs - Go to https://www.linkedin.com/twist to post your first job for free.

    (13:21) Bitcoin, stablecoins, and Circle's compliance

    (20:53) Google Cloud - 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

    (22:23) The current state and future of stablecoin market infrastructure

    (28:07) Integrating stablecoins with traditional finance

    (34:12) Beehiiv - Get 30 days free and 20% off your first 3 months at https://www.beehiiv.com/twist

    (35:40) Stablecoins' impact on global financial systems

    (41:30) Circle's business model, scalability, and blockchain potential

    (49:06) Growth of USDC and other currency stablecoins

    (51:10) USDC market cap trends and interest rates

    (56:07) Stablecoins in the global financial system and US regulation

    *

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

    *

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    *

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    (12:10) LinkedIn Jobs - Go to https://www.linkedin.com/twist to post your first job for free.

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    (34:12) Beehiiv - Get 30 days free and 20% off your first 3 months at https://www.beehiiv.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

    *

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    Substack: https://twistartups.substack.com

    *

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    This Week in Startups
    en-usSeptember 06, 2024

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