founder control

First we discuss Shopify planning 10-to-1 stock split & increasing CEO/Founder Tobi Luke’s control from 34% to 40% (1:42). Then, the Atlantic's Derek Thompson joins to discuss his piece “Why American Teens Are So Sad” (25:59), including the impacts of new-parenting styles (33:38), social media (44:10) and infinite news. 

Check out Derek's piece: https://www.theatlantic.com/newsletters/archive/2022/04/american-teens-sadness-depression-anxiety/629524/

FOLLOW Derek: https://twitter.com/DKThomp

(00:00) Jason and Molly tee up today’s show
(01:42) Shopify planning 10-to-1 stock split & increasing CEO/Founder Tobi Luke’s control from 34% to 40%
(14:31) Rocket - Go to http://getrocket.com/twist and use promo code TWIST for 20% off your first placement.
(15:44) Is Tobi Luke pressing his advantage?
(24:45) Vanta - Get $1,000 off automating your SOC 2 at https://vanta.com/twist
(25:59) Talking to The Atlantic's Derek Thompson about his piece “Why American Teens Are So Sad”
(32:14) Dell For Startups - Apply and get up to 45% off at http://dell.com/twist
(33:38) How does parenting or over-parenting play into increased teenage sadness?
(44:10) Should social media be regulated for kids similar to alcohol?

FOLLOW Jason: https://linktr.ee/calacanis
FOLLOW Molly: https://twitter.com/mollywood

Sunday Double-header! First, in VC Sunday School, Jason discusses and defends his pro rata strategy (1:26). Then, Molly interviews ClimateCheck founder Cal Inman. His company analyzes and risk-rates real estate based on expected changes to the world’s climate (14:43)!

Show Notes

(00:00) Pro Rata VC Sunday School + Assessing Climate Risk
(01:26) Why some investors warn against Super Pro Rata
(08:02) Is there an advantage to having more investors on the cap table?
(13:27) Embroker - Get an extra 10% off insurance for your business at https://Embroker.com/twist
(14:43) This Week in Climate Startups - Cal Inman of Climate Check
(17:49) How ClimateCheck integrates data for predictions
(23:17) How climate predictions are influencing buying decisions
(24:46) Bubble. Get one month free of a no-code plan at https://bubble.io/twist
(26:14) How financial partners are responding to increasing climate risks
(30:45) Incorporating resilience preparedness into ClimateCheck
(35:33) Rocket - Go to http://getrocket.com/twist promo code TWIST for 20% off your first placement.
(37:14) Next steps for ClimateCheck
(43:28) The latest from the TWIST team

Check out ClimateCheck: https://climatecheck.com

FOLLOW ClimateCheck: https://twitter.com/MyClimateCheck
FOLLOW Jason: https://linktr.ee/calacanis
FOLLOW Molly: https://twitter.com/mollywood

First Jason covers the CCP banning US IPOs for big tech companies, closing the VIE loophole (1:50), then Audius Co-Founder Roneil Rumburg joins (18:44) to talk about his "decentralized SoundCloud," how decentralized crypto projects actually work for investors and executives, and more!

0:01 Jason teases today's questions
2:09 Luai: Is Uber still a hyper-growth company?
5:25 Weston: Advice on getting in front of/selling to startups/enterprises outside of our immediate VC network?
8:13 Martin: Do you have any resources, insights, or methods about how to get to the right price for a consumer subscription service?
12:58 Topher: What is a good shipping cadence for new code? How often should I be pushing code to production and releasing new updated versions of my app?
15:42 Delane: When you started your first business, what were your strengths/weaknesses as a manager/leader? What was young Jason like as a CEO, and how has he evolved into your current self?
19:28 Mary: In your early days, what was your leadership style towards people who were older/more experienced than you? What advice would you give a young founder for hiring older/experienced people?
20:57 Emily: If the worst of COVID has passed, what markets are you most bullish on Post-COVID? Where do you think we will see the most innovation going forward?
26:43 Danielle: What are some insights gained since taking your team fully remote?
35:15 Matt: Could you ever see an Uber/Lyft merger? What would need to take place for that to happen?
36:29 Chris: Would you rather invest in a high-growth, high-burn startup OR a moderate-growth, minimal-burn startup?
38:57 James: What software stack does LAUNCH use? Which apps are integral to your team's success and why?