ai_startups

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Todays show:

David Weisburd hosts David Clark, Tomasz Tunguz, and Jason Calacanis to discuss the new YC class (1:59), startup valuations (19:34), the investment landscape (30:17), and more!

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Timestamps:

(00:00) David Weisburd intros David Clark, Tomasz Tunguz, and Jason Calacanis

(1:59) The latest YC class and rise of AI startups

(9:36) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at http://www.Squarespace.com/TWIST

(10:55) Role of the founding team in AI startups

(19:34) Startup valuations and the changing landscape of seed deals and Series A rounds

(29:01) OpenPhone - Get 20% off your first six months at http://www.openphone.com/twist

(30:17) Tomasz Tunguz’s journey to raising his fund and the challenges of the VC industry

(37:32) Personality types in venture capital and handling company wind downs

(39:20) CLA - Get started with CLA's CPAs, consultants, and wealth advisors now at https://claconnect.com/tech

(40:52) VC’s moving out and the challenge of picking the right company to invest in

(59:27) Active reserves management

(1:09:00) Lightning round: Top 3 investments

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Mentioned on show:

https://motherduck.com

https://arbitrum.io

https://www.omni.co

https://www.podengine.ai

https://www.getrecall.ai

https://newcomergames.com

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Follow David Clark:

X: https://twitter.com/daveclark85

LinkedIn: https://www.linkedin.com/in/david-clark-6678b6b/

Check out VenCap: https://www.vencap.com/

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Follow Tomasz Tunguz:

X: https://twitter.com/ttunguz

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

Check out Theory Ventures: https://theory.ventures

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Follow Jason:

X: https://twitter.com/Jason

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

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

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Thank you to our partners:

(9:36) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at http://www.Squarespace.com/TWIST

(29:01) OpenPhone - Get 20% off your first six months at http://www.openphone.com/twist

(39:20) CLA - Get started with CLA's CPAs, consultants, and wealth advisors now at https://claconnect.com/tech

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

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Follow TWiST:

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Twitter: https://twitter.com/TWiStartups

YouTube: https://www.youtube.com/thisweekin

Instagram: https://www.instagram.com/thisweekinstartups

TikTok: https://www.tiktok.com/@thisweekinstartups

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

They say it’s harder to get into than Harvard: Y Combinator, YC for short, is “startup school” for tech founders. It takes applications twice a year. Being among the 230 startups accepted out of 24,000 means getting a half-million-dollar investment and access to mentors who’ve already made it. Airbnb, Reddit and DoorDash are on the alumni list. For most of its 18-year history, Y Combinator has been based in Mountain View, California, the heart of Silicon Valley. Recently, though, its center of gravity has moved about 40 miles north to San Francisco. YC opened a new office in June and now considers the city its headquarters. Garry Tan took over last year in a role once held by OpenAI CEO Sam Altman. Tan wants founders to be nearby, at least during the first three months they’re in the program. He told Marketplace’s Lily Jamali why during a walk through the city.