Logo
    Search

    Business Breakdowns: Moneyball's first-principles, paradigm shifts, and ‘burn the boats’ | E1909

    en-usMarch 05, 2024

    Podcast Summary

    • The importance of adapting to new technologies and trendsBusinesses must be open to change and new technologies to survive in today's rapidly evolving world, as demonstrated by historical examples and the success of startups like Mantle, Vanta, and Mev.

      Adaptation to new technologies and trends is crucial for businesses to survive. The discussion touched upon the importance of scouts' intuition and experience in baseball, which cannot be replicated by AI. The speakers also shared examples from history where companies had to adapt or face extinction, such as the shift from proprietary internet services to open standards. This theme was further emphasized through the mention of various startups and their offerings, including Mantle, Vanta, and Mev. The conversation also highlighted the value of learning business lessons from various sources, including movies, whether they are based on true stories or not. Overall, the message was clear: businesses must be open to change and new technologies to thrive in today's rapidly evolving world.

    • Legal complexities of creating films based on real people and eventsWhile creating a movie based on real people without permission is possible, there are legal limitations. Focusing on fictional stories or getting consent can help avoid potential issues.

      There are legal complexities when it comes to creating films or stories based on real people and events. While it's possible to create a story without permission, there are limitations. For instance, presenting slanderous information as fact is not allowed. However, if it's clear that the work is a fictional movie, then it's generally acceptable. The producer in the discussion mentioned the example of Steve Jobs and how he wrote about him before getting his consent. The idea is that conflict is essential for making interesting movies, but in reality, it might not be the case. Business leaders, in particular, have enough on their plates without worrying about managing their company's ownership. Mantle, an AI-powered equity management platform, can help simplify this task, allowing founders and operators to focus on their core business activities.

    • Exceptional Performances by Brad Pitt and Jonah Hill in MoneyballBrad Pitt delivers a subtle, nuanced performance in Moneyball, ranking among his best roles. Philip Seymour Hoffman's versatile acting career is highlighted, despite a supporting role in Moneyball.

      Brad Pitt and Jonah Hill's performances in "Moneyball" are exceptional, with Brad Pitt delivering a subtle and nuanced portrayal of Billy Beane that ranks among his best roles. While discussing their acting careers, it's worth noting that Philip Seymour Hoffman, despite having a supporting role in "Moneyball," was a versatile actor known for his ensemble work and iconic performances in films like "The Master" and "Almost Famous." While his role in "Moneyball" may not be his most showy, it's a reminder of his impressive range and impact on cinema. Additionally, the discussion highlights the evolution of Brad Pitt's acting career, with his recent roles showcasing his ability to take on diverse characters and deliver powerful performances.

    • Exploring the complexities of morality and likeability in 'Once Upon a Time in Hollywood'The film leaves room for ambiguity on whether to like Cliff Booth, adding depth to the story and reflecting real-life complexities.

      That the film "Once Upon a Time in Hollywood" explores the complexities of morality and likeability in its characters, particularly Cliff Booth, played by Brad Pitt. While some viewers may find it challenging to connect with him due to his shady and potentially dangerous behavior, the film intentionally leaves room for ambiguity, making the audience question whether they should like him or not. This undercurrent of uncertainty adds depth to the story and reflects the nuances of real-life characters. Additionally, the conversation highlighted the evolution of Jonah Hill's acting career, with his performances in "Moneyball" and "The Wolf of Wall Street" being particularly noteworthy. The discussion also touched upon the film "Moneyball," which received six Academy Awards, and its exploration of the financial disparity between baseball teams. The conversation also mentioned other films and performances deserving recognition, such as "The Wolf of Wall Street," "Django Unchained," and "The End," in which Hill delivered funny and memorable performances. Overall, the discussion emphasized the importance of complex characters and nuanced storytelling in cinema.

    • The absence of a salary cap in baseball creates unfair advantages for teams with larger budgetsBaseball's lack of a salary cap allows for market value payments but challenges small market teams to compete

      In baseball, unlike other major US sports or European soccer leagues, there is no salary cap, allowing teams with larger budgets to outspend smaller teams and acquire top talent more easily. This can create an unfair advantage and hinder the competitiveness of the sport. Despite this, some argue that the absence of a salary cap allows players to be paid based on their market value and keeps the game more "American" in spirit. However, this can also make it challenging for small market teams to compete, leading to a question of how to be successful with fewer resources. This situation can be compared to the dynamic between startups and incumbents, where the latter has more resources but the former may find creative ways to win with less. Ultimately, the lack of a salary cap raises questions about fairness and competitiveness in baseball.

    • Embracing new ideas and paradigm shiftsBe open-minded and willing to consider new ways of thinking and working, even if they go against the status quo.

      The film "Moneyball" highlights the challenge of embracing new, unconventional ideas and undergoing a paradigm shift, even when it goes against long-held beliefs and traditions. Billy Beane, the protagonist, is forced to reconsider the way baseball teams are built and breaks down the conventional methods using data analysis and statistics. The old-school baseball experts, who have spent decades relying on intuition and emotional judgment, are resistant to this change. The film illustrates the resistance to new ideas and the generational shift that occurs when old paradigms are replaced by new ones. The reluctance to adapt is a common theme in various industries and can be compared to the resistance to technological advancements. As history shows, paradigms don't die, people do. It's essential to be open-minded and willing to consider new ways of thinking and working, even if they go against the status quo.

    • The Power of Adaptability and OptimismEmbracing change and staying optimistic can lead to success despite past successes. Strong sales teams and determination are crucial in B2B startups, but minimizing compliance hurdles allows them to close major deals efficiently.

      Embracing change and being optimistic about the next paradigm can lead to success, even if past successes have served us well for a long time. The discussion highlights the challenges of shifting perspectives, using the examples of Blackberry and print magazines. However, being open to new possibilities and assuming they will succeed can lead to significant gains. Another important point raised is the significance of a strong sales team in a B2B startup, but the need to minimize compliance hurdles like SOC 2 to allow them to close major deals efficiently. The speaker's determination to understand the cause of a deal falling through led him to discover a crucial piece of information, demonstrating the importance of persistence. Overall, the conversation emphasizes the importance of adaptability, optimism, and determination in the face of change.

    • Discovering new ways of thinking through persistence and curiosityPersist in your pursuit of success and remain curious to uncover new ways of achieving your goals, whether in business or baseball.

      Persistence and curiosity are essential in achieving success. Ray Croc's story about ordering an unusual number of mixers from Multimixer led him to discover a new way of thinking about running a business, similar to Billy Beane's relentless pursuit of statistics and saber metrics in baseball. Both men followed their intuition and didn't give up until they uncovered the truth. In business, as in baseball, the goal should be to focus on the end result, whether it's buying wins or delighting customers, rather than the means to get there. By breaking down the objectives into fundamental principles, one can make better decisions and ultimately succeed.

    • The importance of defense in baseball and businessEffective defense in baseball and business is crucial for success. Companies need a structured approach to product development, like MEV, to build a strong foundation and scale effectively.

      While getting results and achieving goals are important, often overlooked is the value of strong foundations and effective defense. In the context of baseball, the movie "Moneyball" highlights the focus on offense at the expense of defense. Similarly, in business, founders may excel at starting new ventures but struggle with scaling. To address this, companies need a structured and efficient product development approach. MEV is a solution that provides senior engineering talent, infrastructure setup, and feature building to help businesses scale their products effectively. The movie "Moneyball" also introduces the concept of WAR (Wins Above Replacement) as a metric for evaluating a player's value, which can be applied to various industries and fields. Ultimately, the lesson is that both offense and defense are crucial for success, and a strong foundation is essential for growth.

    • Challenging conventional wisdom and valuing skills over appearanceBiases can limit our perception of people's worth. Look beyond superficial characteristics to discover hidden value.

      The movie "Moneyball" highlights the importance of challenging conventional wisdom and valuing people based on their skills and statistics rather than just their appearance or perceived flaws. The main character, Billy Beane, faced criticism and resistance when he introduced a new statistical model for recruiting baseball players. He believed that undervalued players could contribute significantly to a winning team, and his unconventional approach led to the creation of a championship team from a pool of overlooked players. This story serves as a reminder that biases, whether conscious or unconscious, can limit our perception of people's worth, and that it's essential to look beyond superficial characteristics to discover hidden value.

    • Challenging notions of value and worth in the job marketIdentify valuable contributors regardless of location or background through data-driven talent acquisition strategies.

      The globalization of the workforce and the shift to remote work are challenging traditional notions of value and worth in the job market. Some employees, like the undervalued pitcher in the movie, may be overlooked due to biases or preconceived notions, while others may be overpaid based on factors like pedigree or reputation. However, when we approach talent acquisition as a numbers game, we can identify valuable contributors regardless of their location or background. This is particularly relevant for startups as they expand globally and build remote teams. The movie "Moneyball" illustrates this concept through the Oakland A's manager Art Howe's struggle to adapt to a new data-driven approach and get his team to work together towards a common goal. Ultimately, the success of the team depends on everyone following the same strategy and vision.

    • Balancing data and human element in baseball and businessIn both baseball and business, success requires a balance between quantitative analysis and qualitative understanding. Data and statistics are important, but they don't tell the whole story. Human elements like team dynamics and leadership also play a crucial role in success.

      In both baseball and business, there needs to be a balance between quantitative analysis and qualitative understanding. While data and statistics are important, they don't tell the whole story. The human element, such as team dynamics and leadership, also plays a crucial role in success. In the movie "Moneyball," the Oakland A's baseball team used data and analytics to build a winning team, but they also recognized the importance of having experienced players to mentor the younger players and keep the team focused. Similarly, in a startup, it's essential to have a clear direction for the company, but also to be open to different ideas and perspectives. If team members disagree, they must put their efforts into the chosen direction or consider leaving the company. Ultimately, having everyone moving in the same direction is key to success. The movie also highlights the importance of adapting and being open to change, as the A's team did when they shifted their strategy to focus on undervalued players.

    • Traditional vs. Data-Driven ApproachesIn a rapidly changing world, adapting to new ideas and technologies while preserving valuable intuition and experience is crucial for survival and growth.

      In the face of technological advancements and paradigm shifts, it's essential to adapt or risk being left behind. This lesson is exemplified in the movie's scene where an old-school baseball scout clashes with a data-driven executive. The scout, who represents traditional methods and intuition, rejects the executive's reliance on numbers and technology. However, as the industry evolves, the scout's refusal to adapt leads to his dismissal. This theme is further emphasized by the discussion on job cuts and the importance of adapting to new ways of communication and termination in a professional and compassionate manner. The scene serves as a reminder that in a rapidly changing world, being open to new ideas and technologies while preserving valuable intuition and experience is crucial for survival and growth.

    • Delivering difficult news with honesty and respectBeing straightforward and respectful when delivering tough news or making difficult decisions is essential in professional settings. Don't make excuses or assign blame, and prioritize transparency and practicality.

      Honesty and straightforwardness are key when it comes to delivering difficult news or making tough decisions, especially in a professional setting. The speaker shares his experience of being fired from a job in a straightforward manner and appreciates the respect he received in that moment. He also emphasizes the importance of not making excuses or assigning blame when letting someone go. Additionally, the discussion touches upon the importance of financial responsibility in sports team ownership, with the example of the Oakland A's and their cost-saving measures in the clubhouse. Overall, the conversation highlights the value of transparency and practicality in handling challenging situations.

    • Billy Beane's Unconventional Baseball StrategyDespite initial struggles and criticism, Billy Beane's commitment to his unconventional baseball strategy led to the team's success through bold decisions and unwavering determination.

      Billy Beane, the Oakland A's general manager, faced significant criticism and challenges when implementing his unconventional baseball strategy, which involved spending less on high-profile players and focusing on undervalued statistics. Despite the team's initial struggles and a terrible losing streak, Beane remained committed to his approach and made bold decisions such as trading underperforming players and securing three years of free sodas for his team. This "burn the boats" moment signified his unwavering commitment to the strategy and ultimately led to the team's success. The media and fans eagerly anticipated the A's failure, but Beane's determination and belief in his ideas proved crucial for the team's turnaround.

    • Balancing vision and flexibility in leadershipEffective leaders remain committed to their goals while being open to feedback and making adjustments for better overall experiences or significant wins. Small improvements can lead to major successes.

      Effective leadership requires a balance of vision and flexibility. It's essential to remain committed to your goals while being open to feedback and making adjustments when necessary. Even small improvements can add up to a better overall experience or more significant wins. For instance, in baseball, focusing on longer at-bats and optimizing small details can wear down pitchers and lead to victory. Similarly, in business, making a service a little faster or more reliable can increase usage and liquidity in networks. It's crucial to remember that the state of mind or willingness to address the concerns of your team members is vital to their engagement and ultimately, your success. So, listen to feedback, evolve as a leader, and never underestimate the power of small improvements.

    • Focusing on minor improvements can lead to major successMaking small enhancements in product design or team management can result in significant progress, but quick decision-making and persistence are also crucial for achieving goals.

      Making small improvements can lead to significant success in product design and team management, as depicted in the movie "Moneyball." Billy Beane, the general manager of the Oakland A's, focused on enhancing minor aspects of his team's operations, leading to a historic 20-game winning streak. However, despite their impressive record, they ultimately lost in the first round of the playoffs. The trade deadline scene, where Beane frantically negotiated a deal for relief pitcher Ricardo Rincon, may have seemed like a Sorkin flex, but it showcased the importance of quick decision-making and persistence in achieving goals. The collaboration between Aaron Sorkin and Steve Zaillian, two renowned screenwriters, resulted in a script filled with engaging dialogue and a compelling narrative.

    • Aaron Sorkin's Writing: Fast-paced, Detailed, and EngagingAaron Sorkin's writing is known for its fast-paced dialogue, intricate storytelling, and memorable characters, showcased in shows and movies like The West Wing, Sports Night, The Social Network, and Moneyball. His ability to keep audiences engaged with multiple storylines and his love for monologues set him apart.

      Aaron Sorkin is known for his fast-paced dialogue, intricate storytelling, and memorable characters, as seen in shows like The West Wing and Sports Night, and movies like The Social Network and Moneyball. Sorkin's writing is often complex and detail-oriented, yet engaging and personality-driven. His love for monologues is evident in his work, and his ability to keep audiences engaged despite multiple overlapping storylines is impressive. Moneyball, in particular, showcases Sorkin's skills in following the unconventional story of Billy Beane and the Oakland A's, who revolutionized baseball with their statistical analysis approach. The film's business lessons include taking opportunities and financial rewards when offered, and being the first to innovate, even if it means facing criticism.

    • Baseball insights for startupsFocus on user engagement and retention as 'North Star metrics', recognize progress may not be linear, and stay focused on long-term goals for startup success

      Baseball, with its long season consisting of 162 games, offers valuable insights for startups. The longer a team stays in the game, the more likely they are to regress to the mean, especially if they have a great team, product, and vision. This principle can be applied to startups as well. It's essential to understand that not all metrics are created equal, and it's crucial to focus on the ones that truly matter, such as user engagement and retention. These "North Star metrics" are more important than vanity metrics like download numbers or app store rankings. The baseball analogy reminds us that success in startups requires patience and a long-term perspective. As Jonah Hill's character in the movie emphasized, it's essential to recognize that progress may not be linear and that setbacks are inevitable. So, stay focused on your goals, keep improving, and trust that the longer you stay in the game, the more likely you are to succeed. Follow Long-Term Oriented Startups (L.T.O.S) on Twitter and read Inside.com/streaming and thisweekstartups.com/BB for more insights on startups.

    Recent Episodes from This Week in Startups

    Start-Up Nation Deep Dive with Dan Senor | E1970

    Start-Up Nation Deep Dive with Dan Senor | E1970

    This Week in Startups is brought to you by…

    DevSquad - Most dev agencies only offer developers. Why? Because product management is hard. Get an entire product team for the cost of one US developer plus 10% off at http://devsquad.com/twist.

    Oracle - Oracle Cloud Infrastructure, or OCI, is a single platform for your infrastructure, database, application development, and AI needs. Take a free test drive of OCI at https://www.oracle.com/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

    *

    Timestamps:

    (0:00) Dan Senor joins guest host Mark Suster.

    (10:45) DevSquad - Get an entire product team for the cost of one US developer plus 10% off at http://devsquad.com/twist

    (19:28) Oracle - Take a free test drive of OCI at https://www.oracle.com/twist.

    (30:39) AssemblyAI - Maximum value from voice data and AI. Get 100 free hours to start building at https://www.assemblyai.com/twist

    *

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

    *

    Check out Dan’s podcast “Call Me Back”: https://podcasts.apple.com/ca/podcast/call-me-back-with-dan-senor/id1539292794

    Check out Start-Up Nation Central: https://startupnationcentral.org/

    *

    Follow Dan:

    X: https://x.com/dansenor

    LinkedIn: https://www.linkedin.com/in/dan-senor/

    *

    Follow Mark:

    X: https://twitter.com/msuster

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

    *

    Thank you to our partners:

    (10:45) DevSquad - Get an entire product team for the cost of one US developer plus 10% off at http://devsquad.com/twist

    (19:28) Oracle - Take a free test drive of OCI at https://www.oracle.com/twist.

    (30:39) AssemblyAI - Maximum value from voice data and AI. Get 100 free hours to start building at https://www.assemblyai.com/twist

    *

    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:

    Substack: https://twistartups.substack.com

    Twitter: https://twitter.com/TWiStartups

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

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

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

    *

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

    This Week in Startups
    en-usJune 22, 2024

    From the future of flight to brand building, insight from Liquidity Summit 2024 | E1969

    From the future of flight to brand building, insight from Liquidity Summit 2024 | E1969

    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.

    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

    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 http://www.vanta.com/twist

    *

    Todays show:

    Alex leads us into two great talks from Liquidity Summit 2024. First we have Sky Dayton’s “Aviation Safety, Air Taxis and the Future of Flight” (3:28), followed by Mike Jones’ with “Lessons in Brand Building” (24:14)

    *

    Timestamps:

    (0:00) Teaser of both speakers.

    (1:33) Alex kicks off the show.

    (3:28) Sky Dayton’s talk “Aviation Safety, Air Taxis and the Future of Flight”.

    (11:03) Coda - Empower your startup with Coda’s Team plan for free—get 6 months at https://www.Coda.io/twist

    (20:45) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist

    (24:14) Mike Jones’ talk “Lessons in Brand Building”

    (30:17) Vanta - Get $1000 off your SOC 2 at http://www.vanta.com/twist

    (44:30) Wrap up with Alex.

    *

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

    *

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

    *

    Check out Science Inc.: https://www.science-inc.com/

    Check out Joby Aviation: https://www.jobyaviation.com/

    *

    Follow Sky:

    X: https://x.com/skydayton

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

    *

    Follow Mike:

    X: https://x.com/mjones

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

    *

    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:

    (11:03) Coda - Empower your startup with Coda’s Team plan for free—get 6 months at https://www.Coda.io/twist

    (20:45) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist

    (30:17) Vanta - Get $1000 off your SOC 2 at http://www.vanta.com/twist

    *

    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:

    Substack: https://twistartups.substack.com

    Twitter: https://twitter.com/TWiStartups

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

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

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

    *

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

    This Week in Startups
    en-usJune 20, 2024

    Nvidia tops Microsoft, FTC sues Adobe, weight loss startups, and more! | E1968

    Nvidia tops Microsoft, FTC sues Adobe, weight loss startups, and more! | E1968

    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 http://www.vanta.com/twist

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

    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 Nvidia's rise as the most valuable company (2:34), the GLP-1 phenomenon (11:50), the FTC suing Adobe (34:21), new TWIST500 companies (47:09), and more!

    *

    Timestamps:

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

    (2:34) Nvidia's rise as the most valuable company

    (10:58) Vanta - Get $1000 off your SOC 2 at http://www.vanta.com/twist

    (11:50) Eli Lilly and the GLP-1 Phenomenon

    (23:42) .Tech Domains - Apply for the Jam Session with JCal contest today at https://jamwithjcal.tech

    (25:08) Telehealth and its future

    (33:00) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist

    (34:21) FTC sues Adobe

    (47:09) New TWIST500 Companies

    (1:18:22) Would Amazon buy TikTok?

    *

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

    *

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

    *

    Mentioned on the show:

    https://companiesmarketcap.com

    https://www.wsj.com/health/pharma/david-ricks-eli-lilly-ceo-a67f90d7

    https://www.ftc.gov/news-events/news/press-releases/2024/06/ftc-takes-action-against-adobe-executives-hiding-fees-preventing-consumers-easily-cancelling

    https://news.adobe.com/news/news-details/2024/Adobes-Statement-Regarding-Federal-Trade-Commission-Complaint/default.aspx

    https://www.justice.gov/opa/pr/united-states-files-complaint-against-adobe-and-two-adobe-executives-alleged-violations

    https://www.justice.gov/opa/media/1356176/dl?inline

    https://www.sec.gov/Archives/edgar/data/1997859/000119312524162032/d396527ds1a.htm

    https://www.color.com/blog/colors-copilot-and-partnership-with-openai

    https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=202120220AB390

    https://frame.work

    https://creators.wattpad.com

    https://www.royalroad.com/home

    https://www.ft.com/content/e33cb565-6d44-4f9a-9105-f3afc03aa732

    *

    New TWIST500 companies:

    https://albedo.com

    https://www.dawnaerospace.com

    https://about.webtoon.com

    https://www.spacex.com

    https://www.color.com

    https://www.biltrewards.com

    https://sakana.ai

    *

    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:

    (11:58) Vanta - Get $1000 off your SOC 2 at http://www.vanta.com/twist

    (23:42) .Tech Domains - Apply for the Jam Session with JCal contest today at https://jamwithjcal.tech

    (33:00) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist

    *

    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:

    Substack: https://twistartups.substack.com

    Twitter: https://twitter.com/TWiStartups

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

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

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

    *

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

    This Week in Startups
    en-usJune 19, 2024

    Woke Google Maps, how Wells Fargo is losing money on fintech, and the global AI race | E1967

    Woke Google Maps, how Wells Fargo is losing money on fintech, and the global AI race | E1967

    This Week in Startups is brought to you by…

    Squarespace. Turn your idea into a new website! Go to http://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 http://www.linkedin.com/thisweekinstartups

    Mercury. With Mercury, you can simplify your financial operations with banking and software that power your critical financial workflows, all within the one thing every business needs, a bank account. And with new bill pay and accounting integrations, you can pay bills faster and stay in control of company spend. Apply in minutes at ⁠https://www.Mercury.com

    *

    Todays show:

    Alex Wilhelm joins Jason to discuss woke Google Maps (1:57), Bilt & Wells Fargo dynamics (16:20), AI progress in China and Japan (32:00), and more!

    *

    Timestamps:

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

    (1:57) Woke Google Maps

    (9:44) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at http://www.Squarespace.com/TWIST

    (16:20) Bilt and Wells Fargo fintech dynamics

    (17:00) CNBC interview with Bilt founder Ankur Jain

    (25:50) LinkedIn Ads - Get a $100 LinkedIn ad credit at http://www.linkedin.com/thisweekinstartups

    (32:00) AI progress in China and Japan

    (39:41 ) Mercury - Join 200K startups who use Mercury to operate at their best at http://www.mercury.com

    (45:09) Defining AGI and its implications

    (49:06) McDonald's AI ordering systems and their challenges

    (1:04:37) Audience question on EU's AI Act and its impact on startups

    *

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

    *

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

    *

    Mentioned on the show:

    https://www.ft.com/content/357f3c68-b866-4c2e-b678-0d075051a260

    https://www.theinformation.com/articles/openais-japanese-rival-gets-1-billion-valuation-from-silicon-valley-investors

    *

    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:

    (9:44) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at http://www.Squarespace.com/TWIST

    (25:50) LinkedIn Ads - Get a $100 LinkedIn ad credit at http://www.linkedin.com/thisweekinstartups

    (39:41 ) Mercury - Join 200K startups who use Mercury to operate at their best at http://www.mercury.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:

    Substack: https://twistartups.substack.com

    Twitter: https://twitter.com/TWiStartups

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

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

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

    *

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

    This Week in Startups
    en-usJune 17, 2024

    Lessons in Unreasonable Hospitality with Will Guidara | E1966

    Lessons in Unreasonable Hospitality with Will Guidara | E1966

    This Week in Startups is brought to you by…

    Oracle - Oracle Cloud Infrastructure, or OCI, is a single platform for your infrastructure, database, application development, and AI needs. Take a free test drive of OCI at https://www.oracle.com/twist.

    DevSquad - Most dev agencies only offer developers. Why? Because product management is hard. Get an entire product team for the cost of one US developer plus 10% off at http://www.devsquad.com/twist.

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

    *

    Todays show:

    Will Guidara joins Jason to discuss the book Unreasonable Hospitality and how it relates to all businesses including startups (3:44), Will’s annual “The Welcome Conference” in NY (14:32), how the show The Bear lifted Will’s ‘NY street hotdog’ story and made it their own - which then led to his involvement with future seasons (36:19), and more!

    *

    Timestamps:

    (0:00) Will Guidara of Unreasonable Hospitality joins Jason.

    (3:44) Important premises from the book Unreasonable Hospitality and how it relates to all businesses including startups.

    (6:26) Will explains how it felt to see parts from his book appear on the hit show The Bear.

    (8:13) Iconic examples of hospitality and how it can turn customers into advocates for your brand.

    (10:04) Oracle - Take a free test drive of OCI at https://www.oracle.com/twist.

    (11:08) Powerful examples of going above and beyond for your customer.

    (14:32) Will’s annual “The Welcome Conference” in NY.

    (20:57) DevSquad - Get an entire product team for the cost of one US developer plus 10% off at http://www.devsquad.com/twist

    (22:13) Jason shares an anecdote of how he helps others.

    (24:17) Will and Jason riff on interesting examples of unreasonable hospitality, including one that should exist for airplane passengers.

    (30:44) LinkedIn Ads - Get a $100 LinkedIn ad credit at http://www.linkedin.com/thisweekinstartups

    (32:12) A perspective shift that changes the value of call centers.

    (36:03) How the show The Bear lifted Will’s ‘NY street hotdog’ story and made it their own - leading to his involvement for future seasons.

    (40:21) Will feels that The Bear was able to craft and articulate his message spot on in one of their best episodes.

    (42:22) How to gain from the addictive personality traits in the restaurant business.

    (51:15) The “Chicken for Two” at the NoMad hotel.

    (53:31) Breaking down the state of tipping culture and how its removal from Eleven Madison Park was highly successful.

    *

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

    *

    Check out Unreasonable Hospitality: https://www.unreasonablehospitality.com/

    Sign up for Will’s newsletter: https://www.unreasonablehospitality.com/newsletter

    Check out “The Welcome Conference”: https://www.thewelcomeconference.com/

    Check out Will’s hospitality agency “Thank You”: https://www.thankyou.nyc/

    *

    Follow Will:

    X: https://x.com/wguidara

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

    *

    Follow Jason:

    X: https://twitter.com/Jason

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

    *

    Thank you to our partners:

    (10:04) Oracle - Take a free test drive of OCI at https://www.oracle.com/twist.

    (20:57) DevSquad - Get an entire product team for the cost of one US developer plus 10% off at http://www.devsquad.com/twist

    (30:44) LinkedIn Ads - Get a $100 LinkedIn ad credit at http://www.linkedin.com/thisweekinstartups

    *

    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:

    Substack: https://twistartups.substack.com

    Twitter: https://twitter.com/TWiStartups

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

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

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

    *

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

    This Week in Startups
    en-usJune 14, 2024

    Inflation cools, how Waymo handled a crash, and the next startups to go public | E1965

    Inflation cools, how Waymo handled a crash, and the next startups to go public | E1965

    This Week in Startups is brought to you by…

    Eight Sleep. Good sleep is the ultimate game changer. The newest generation of the pod, the Pod 4 ultra has arrived. Head to https://www.eightsleep.com/twist and use code TWIST to get $350 off the Pod 4 Ultra.

    Zendesk. The best customer experiences are built with Zendesk. Qualifying startups can join their Startup program and get Zendesk products free, for six months! Visit http://www.zendesk.com/twist today to get started.

    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

    *

    Todays show:

    Alex Wilhelm joins Jason to discuss Waymo crash implications (3:53), Apple's AI announcements post-WWDC (17:17), inflation cooldown (27:21), and more!

    *

    Timestamps:

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

    (3:53) How Waymo handled a crash and self-driving car standards

    (8:08) Eight Sleep - Head to https://www.eightsleep.com/twist and use code TWIST to get $350 off the Pod 4 Ultra.

    (10:04) Car safety technology

    (17:17) Apple's AI announcements and stock impact

    (25:41) Zendesk - Get six months free at

    http://www.zendesk.com/twist

    (27:21) Inflation update: Recent CPI data and its implications

    (33:34) High interest rate environment and venture capital

    (40:48) CLA - Get started with CLA's CPAs, consultants, and wealth advisors now at ⁠https://claconnect.com/tech

    (42:12) 10 companies most likely to IPO

    *

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

    *

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

    *

    Mentioned on the show:

    https://www.reddit.com/r/SelfDrivingCars/comments/1cxo27o/waymo_car_crashes_into_pole/

    https://www.theverge.com/2024/6/12/24175489/waymo-recall-telephone-poll-crash-phoenix-software-map

    https://techcrunch.com/2024/02/13/waymo-recall-crash-software-self-driving-cars/

    https://techcrunch.com/2024/06/12/waymo-second-robotaxi-recall-autonomous-vehicle/

    https://www.cnbc.com/quotes/AAPL?qsearchterm=aapl

    https://www.bls.gov/news.release/cpi.nr0.htm

    https://x.com/ashugarg/status/1800658425040253309

    https://www.cnbc.com/quotes/US2Y

    https://www.wsj.com/livecoverage/fed-meeting-fomc-interest-rate-decision-cpi-inflation-june-2024/card/traders-firmly-expect-a-rate-cut-in-september-q8qGgjh8jorUx56RBpK8

    https://kalshi.com/markets/ratecutcount/number-of-rate-cuts#ratecutcount-24dec31

    https://www.cnbc.com/2024/06/12/fed-meeting-today-on-interest-rate.html

    https://www.crunchbase.com/organization/databricks

    https://www.crunchbase.com/organization/gusto

    https://archive.is/fGJav#selection-2217.0-2226.0

    https://www.crunchbase.com/organization/shein-b79e

    https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001514587&owner=exclude&count=40&hidefilings=0

    https://www.crunchbase.com/organization/turo

    *

    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:

    (8:08) Eight Sleep - Head to https://www.eightsleep.com/twist and use code TWIST to get $350 off the Pod 4 Ultra.

    (25:41) Zendesk - Get six months free at http://www.zendesk.com/twist

    (40:48) CLA - Get started with CLA's CPAs, consultants, and wealth advisors now at ⁠https://claconnect.com/tech

    *

    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:

    Substack: https://twistartups.substack.com

    Twitter: https://twitter.com/TWiStartups

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

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

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

    *

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

    This Week in Startups
    en-usJune 12, 2024

    Apple’s WWDC 2024: Reactions, Highlights & Breakdowns with Jason and Alex | E1964

    Apple’s WWDC 2024: Reactions, Highlights & Breakdowns with Jason and Alex | E1964

    This Week in Startups is brought to you by…

    Squarespace. Turn your idea into a new website! Go to http://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 Jobs. A business is only as strong as its people, and every hire matters. Go to https://www.linkedin.com/twist to post your first job for free. Terms and conditions apply.

    The Equinix Startup program offers a hybrid infrastructure solution for startups, including up to $100K in credits and personalized consultations and guidance from the Equinix team. Go to https://www.equinixstartups.com to apply today.

    *

    Timestamps:

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

    (1:50) Jumping into the keynote from Apple and whether or not it impressed.

    (5:24) “Apple Intelligence” has landed!

    (8:32) Reactions to the new Siri.

    (10:00) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at http://www.Squarespace.com/TWIST

    (12:42) The importance of Apple’s addition of “on-screen awareness”.

    (16:30) Breakdown of Apple’s use of data with their AI.

    (19:48) LinkedIn Jobs - Post your first job for free at https://www.linkedin.com/twist

    (23:53) ChatGPT’s integration with Siri.

    (26:32) Unpacking the “free” use of ChatGPT with Apple products.

    (30:01) Equinix - Join the Equinix Startup Program for up to $100K in credits and much more at https://deploy.equinix.com/startups

    (31:07) Discussing the relationships between OpenAI and Microsoft and now Apple.

    (34:44) More “ooohs” and “ahhhs” from Apple’s new Image Playground.

    (40:25) Jason breaks down other key announcements from WWDC 2024 including a password manager and Apple TV’s new “Insights”.

    *

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

    *

    Links:

    Watch Apple’s WWDC 2024 Keynote: https://developer.apple.com/videos/play/wwdc2024/101/

    Article on Fearless Fund: https://www.bloomberg.com/opinion/articles/2024-06-06/the-fearless-fund-should-keep-fighting-racism-in-venture-capital

    *

    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:

    (10:00) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at http://www.Squarespace.com/TWIST

    (19:48) LinkedIn Jobs - Post your first job for free at https://www.linkedin.com/twist

    (30:01) Equinix - Join the Equinix Startup Program for up to $100K in credits and much more at https://deploy.equinix.com/startups

    *

    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:

    Substack: https://twistartups.substack.com

    Twitter: https://twitter.com/TWiStartups

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

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

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

    *

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

    This Week in Startups
    en-usJune 11, 2024

    The state of seed, the first TWIST500 startups, and the impact of anonymous apps on society | E1963

    The state of seed, the first TWIST500 startups, and the impact of anonymous apps on society | E1963

    This Week in Startups is brought to you by…

    Attio. A radically new CRM for the next era of companies. Head to https://attio.com/twist to get 15% off for your first year.

    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

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

    *

    Todays show:

    Alex Wilhelm joins Jason to discuss concerns about the app "Fizz" (12:24), the state of seed (31:35), the first TWIST500 startups (58:58), and more!

    *

    Timestamps:

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

    (11:15) Attio - Head to https://attio.com/twist⁠ to get 15% off for your first year.

    (12:24) Concerns about the app "Fizz" and the use of anonymity in social media apps

    (19:14) The impact of anonymous apps on society, parenting concerns, and the responsibility of investors in harmful tech startups

    (23:16) The case for banning smartphones in schools

    (30:19) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist⁠

    (31:35) The state of seed

    (35:33) Impact of AI on startup efficiency

    (38:17) .Tech Domains - Apply for the “Jam with JCal” contest today at https://www.jamwithjcal.tech

    (39:45) The variety of seed deals

    (45:13) How to leave and join a rival company legally

    (58:58) The first TWIST500 startups

    (1:05:48) Impact of AI on journalism and media companies

    *

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

    *

    Mentioned on the show:

    https://www.wsj.com/tech/personal-tech/fizz-is-the-latest-campus-gossip-app-it-took-two-days-to-shake-up-one-high-school-1d59ffd4

    https://www.businessinsider.com/gen-z-fizz-app-anonymous-messaging-cyber-bullying-vermont-2024-6

    https://techcrunch.com/2023/08/10/insiders-bet-more-on-fizz-a-social-network-that-has-now-bubbled-up-at-80-college-campuses/

    https://x.com/JonHaidt/status/1799525595509850522

    https://techcrunch.com/2017/04/28/yik-yak-shuts-down-after-square-paid-1-million-for-its-engineers/

    https://x.com/Jason/status/1799868195899376014/photo/1

    https://techcrunch.com/2024/06/07/y-combinator-yc-startups-tiny-seed-rounds-vc-investors-not-interested/

    https://x.com/dhh/status/1799427898652389827

    https://ticker.thisweekinstartups.com/

    https://www.forbes.com/sites/sarahemerson/2024/06/07/buzzy-ai-search-engine-perplexity-is-directly-ripping-off-content-from-news-outlets/

    https://techcrunch.com/2022/06/24/zendesk-drama-concludes-with-10-2-billion-private-equity-acquisition

    *

    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:

    (11:15) Attio - Head to https://attio.com/twist⁠ to get 15% off for your first year.

    (30:19) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist

    (38:17) .Tech Domains - Apply for the “Jam with JCal” contest today at https://www.jamwithjcal.tech

    *

    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:

    Substack: https://twistartups.substack.com

    Twitter: https://twitter.com/TWiStartups

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

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

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

    *

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

    This Week in Startups
    en-usJune 11, 2024

    Great Builders & Success First with Intercom’s Eoghan McCabe | E1962

    Great Builders & Success First with Intercom’s Eoghan McCabe | E1962

    This Week in Startups is brought to you by…

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

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

    Northwest Registered Agent - Northwest Registered Agent will form your business quickly and easily. In just 10 clicks and 10 minutes, set up your entire business identity—name, address, mail service, phone, email, website, and domain. For just $39 plus state fees, Northwest will handle your complete business identity. Visit https://www.northwestregisteredagent.com/twist today.

    *

    Todays show:

    Intercom’s Eoghan McCabe joins Jason to discuss: the state of the business at Intercom and his return as CEO (8:33), the future of customer service with AI (24:28), what makes a great manager (59:36), and more!

    *

    Timestamps:

    (0:00) Intercom’s Eoghan McCabe joins Jason. (1:50) Family history of the two McCabe’s: Jason and Eoghan. (5:49) The kindness and dedication of Intercom’s co-founder Des Traynor. (8:33) What Intercom is, the state of the business and Eoghan’s return as CEO. (10:41) LinkedIn Ads - Get a $100 LinkedIn ad credit at http://www.linkedin.com/thisweekinstartups (12:37) Looking at overlap and adjacencies when you are building SaaS products. (16:36) The brilliance of the pre-seed pricing model, and is it broken? (19:47) .Tech Domains - Apply for the “Jam with JCal” contest today at https://www.jamwithjcal.tech (22:16) What is next for companies with. SaaS-based pricing. (24:28) The future of customer service and AI. (30:30) Northwest Registered Agent - For just $39 plus state fees, Northwest will handle your complete business identity. Visit https://www.northwestregisteredagent.com/twist today. (36:09) Expectations from AI one year from now. (45:23) Breaking down the negative press and social reaction to the Humane Pin. (52:34) What the world will look like as conversational AI develops. (59:36) What makes a great manager and the “return of the king” at Intercom.

    *

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

    *

    Check out Intercom: https://www.intercom.com/

    *

    Follow Eoghan:

    X: https://x.com/eoghan

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

    *

    Follow Jason:

    X: https://twitter.com/Jason

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

    *

    Thank you to our partners:

    (10:41) LinkedIn Ads - Get a $100 LinkedIn ad credit at http://www.linkedin.com/thisweekinstartups

    (19:47) .Tech Domains - Apply for the “Jam with JCal” contest today at https://www.jamwithjcal.tech

    (30:30) Northwest Registered Agent - For just $39 plus state fees, Northwest will handle your complete business identity. Visit https://www.northwestregisteredagent.com/twist today.

    *

    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:

    Substack: https://twistartups.substack.com

    Twitter: https://twitter.com/TWiStartups

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

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

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

    *

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

    This Week in Startups
    en-usJune 08, 2024

    Rising Above the Noise in Consumer VC with Kirsten Green of Forerunner | E1961

    Rising Above the Noise in Consumer VC with Kirsten Green of Forerunner | E1961

    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 http://www.vanta.com/twist

    Oracle - Oracle Cloud Infrastructure, or OCI, is a single platform for your infrastructure, database, application development, and AI needs. Take a free test drive of OCI at https://www.oracle.com/twist.

    Mercury - With Mercury, you can simplify your financial operations with banking and software that power your critical financial workflows, all within the one thing every business needs, a bank account. And with new bill pay and accounting integrations, you can pay bills faster and stay in control of company spend. Apply in minutes at ⁠https://www.Mercury.com

    *

    Todays show:

    Kirsten Green joins guest host Mark Suster to discuss Forerunner’s framework on making investments (8:33), how AI will change how consumer companies and applications are built (16:28), cultural shifts that are investable (33:38), and more!

    *

    Timestamps:

    (0:00) Kirsten Green joins guest host Mark Suster.

    (2:49) Kirsten’s advice to stand out in consumer venture with only seven percent of VC dollars being allocated to consumer.

    (8:33) Forerunner’s framework on making investments.

    (11:16) Vanta - Get $1000 off your SOC 2 at http://www.vanta.com/twist

    (12:09) The value of searching for where businesses are missing the mark, and the “wow” factor of the Oura Ring.

    (16:28) How AI will change how consumer companies and applications are built

    (19:46) Oracle - Take a free test drive of OCI at https://www.oracle.com/twist.

    (20:50) The current state of the consumer search experience and the power of personalization that AI can bring.

    (24:16) The disruptive lesson from mobile and the next level of being context aware.

    (28:24) Mercury - Join 200K startups who use Mercury to operate at their best at http://www.mercury.com

    (31:57) Forerunner Ventures lives within the intersection of invention and culture.

    (33:38) Cultural shifts that are investable.

    (36:36) The consumer shift from large to small screen.

    (40:42) The importance of the mix between direct and indirect revenue.

    (42:32) Discussing the relevance of “freemium”.

    (55:48) What the exit environment is like going forward.

    (1:02:55) What will it take to bring back the small and mid-cap market?

    *

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

    *

    Check out Forerunner Ventures: https://www.forerunnerventures.com/

    *

    Follow Kirsten:

    X: https://x.com/kirstenagreen

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

    *

    Follow Mark:

    X: https://twitter.com/msuster

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

    *

    Thank you to our partners:

    (11:16) Vanta - Get $1000 off your SOC 2 at http://www.vanta.com/twist

    (19:46) Oracle - Take a free test drive of OCI at https://www.oracle.com/twist.

    (28:24) Mercury - Join 200K startups who use Mercury to operate at their best at http://www.mercury.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:

    Substack: https://twistartups.substack.com

    Twitter: https://twitter.com/TWiStartups

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

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

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

    *

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

    This Week in Startups
    en-usJune 07, 2024

    Related Episodes

    E068: Mathew Park - Tuning Into Your Frequency

    E068: Mathew Park - Tuning Into Your Frequency

    I am very excited to share with you through Peak Mindset show a very powerful tool, a game changer, that if you implement this in your life, it can literally change all the areas within a short period of time. It is, Tuning Into Your Frequency. So, what is frequency? It is basically the vibration of our body and how it is aligned. Whether it’s good or a bad thing from the vibration, it will result as to what happened in the outer world. So just imagine what you can achieve if you tune into your frequency.

    Each peak mindset episode will be dedicated to providing you with an inspiring message from world class athletes & entrepreneurs in fitness, business, sports & life, to find out how these amazing people think, what drives them, their habits and routines and what their biggest challenges were and how they overcame them. Mathew will also be sharing solo power messages directed towards empowering, motivating and inspiring you on your next level of being epic!  Get ready for massive motivation, rocking inspiration and valuable lessons from some of the biggest names today in how to step your life to the next level, bust through any obstacle and rock your dreams!

     

     

     

    Making Strengths and Engagement "Stick" in Your Organization (S6E32)

    Making Strengths and Engagement "Stick" in Your Organization (S6E32)
    To learn more about becoming a Certified Strengths Coach at the Gallup Strengths Center: http://on.gallup.com/1i5OXhq.

    Gallup's Called to Coach is a live Webcast that targets current and prospective coaches to interact with Gallup experts and independent strengths coaches who have found success in strengths-based development.

    On a recent Called to Coach, we spoke with Jim Ball, Senior Manager, Talent & Organizational Development at Lonza, a biotechnology firm in New Hampshire. Jim is a Gallup-Certified Strengths Coach since who, over a number of years, has played a key role in weaving the fabric of strengths and engagement throughout his organization. Jim has been a guest lecturer at the University of New Hampshire and Oregon State University. Our conversation was hosted by Gallup's own Mike McDonald, Senior Workplace Consultant at Gallup.

    Episode 191 How the Savannah Bananas Changed Baseball (and Culture) with Jesse Cole

    Episode 191 How the Savannah Bananas Changed Baseball (and Culture) with Jesse Cole

    Today’s guest is Jesse Cole – the owner of the Savannah Bananas minor league baseball team, author of Find Your Yellow Tux: How to Be Successful by Standing Out, Fans First: Change The Game, Break the Rules & Create an Unforgettable Experience, and Banana Ball: The Unbelievably True Story of the Savannah Bananas, husband and dad.

    John and Jesse discuss how Jesse turned around a struggling team through creativity and putting fans first into one of the most unique and successful franchises in sports entertainment. Under Jesse’s leadership, the Savannah Bananas have gained wide recognition and are featured on various platforms, including MSNBC, CBS Sunday Morning, Access Hollywood, HBO Real Sports, CNN, and ESPN. You’d be hard-pressed to find anyone who’s a regular on TikTok, Instagram, or YouTube who hasn’t seen the wildly entertaining smooth dancing moves of the Savannah Bananas.

    Listen to this episode to learn more:

    [00:00] - Welcome notes and Jesse’s intro

    [02:00] - Creation of the Savannah Bananas

    [03:27] - Jesse’s decision to buy a minor-league baseball team

    [06:00] - How Jesse drew a crowd to the game

    [08:18] - Learning from setbacks

    [10:05] - Retention rate and company culture

    [12:37] - Surrounding himself with energy-giving activities 

    [13:54] - How Jesse nurtures his significant relationships

    [17:07] - How Jesse defines success

    [17:52] - Top daily habit

    [19:07] - Jesse’s process for writing books

    [22:27] - Jesse’s decision to foster & adopt kids

    [24:48] - Jesse inspires John to remove limitations and imagine greater possibilities

    [26:29] - Connect with Jesse

    [27:32] - Book recommendation

    NOTABLE QUOTES:

    “Failing is how you learn. It’s how you get to the next level. You can’t get better by doing it right; you got to do it by doing it wrong, though.”

    “People are never going to enjoy your success until they understand your setbacks.”

    “We learn faster than anybody else because we try more, we experiment more, and we test more than any other sports team will do because we’re not afraid of what most people call failure.”

    “So many people are afraid of sharing their story because they think it’s about them. You sharing your story, it’s not necessarily about you; that story can inspire others.”

    “I surround my days with things that give me unbelievable energy. I’m my best when I’m full of energy. My goal is to be the highest level of energy when I pick up my kids from school.”

    BOOK MENTIONED:

    USEFUL RESOURCES:

    https://thesavannahbananas.com

    https://findyouryellowtux.com

    https://www.instagram.com/yellowtuxjesse/

    https://www.instagram.com/thesavbananas/

    https://www.linkedin.com/in/yellowtuxjesse/

    https://www.linkedin.com/company/savannah-bananas/

    https://www.facebook.com/jesse.cole.129

    https://www.facebook.com/YellowTuxJesse/

    https://www.facebook.com/TheSavBananas

    https://twitter.com/YellowTuxJesse

    https://twitter.com/TheSavBananas

    https://www.youtube.com/channel/UCasNOOUN7FbQXBUsfZD4Y_Q

    https://www.youtube.com/@TheSavannahBananas

    Find Your Yellow Tux: How to Be Successful by Standing Out (https://a.co/d/dvsezov)

    Fans First: Change the Game, Break the Rules & Create an Unforgettable Experience (https://a.co/d/98x11fY

    Banana Ball: The Unbelievably True Story of the Savannah Bananas (https://a.co/d/68LO9w5)

    CONNECT WITH JOHN

    Website - https://thejohnhulen.com    

    Instagram - https://www.instagram.com/johnhulen    

    Facebook - https://www.facebook.com/johnhulen    

    Twitter - https://www.twitter.com/johnhulen    

    LinkedIn - https://www.linkedin.com/in/johnhulen    

    YouTube - https://www.youtube.com/channel/UCLX_NchE8lisC4NL2GciIWA    

    EPISODE CREDITS

    Intro and Outro music provided by Jeff Scheetz - https://jeffscheetz.com/

    From Touchdowns to Turntables: Tim Hough's Entrepreneurial Game Plan

    From Touchdowns to Turntables: Tim Hough's Entrepreneurial Game Plan
    🏈🎤 Just 2 months shy of the NFL, Tim Hough took a turn that shocked everyone! Unpack his incredible journey on Athlete 2 Entrepreneur. Why did he leave just 2 months before the NFL? What fueled his passion for music? Find out in this not-to-be-missed episode. In this captivating episode of the Athlete 2 Entrepreneur Podcast, Tim Hough, a former college football star turned coach and musician, shares his journey from the field to the studio. Join host Mike Waters for an insightful conversation about the challenges and transitions athletes face when stepping into new arenas of life.

    **5 KEYS YOU'LL LEARN**
    1. **The Leap from Athlete to Coach**: Uncover how Tim Hough’s journey as a competitive athlete fueled his passion for coaching. He didn’t just turn a page; he rewrote the entire chapter on how to impact young lives through sports mentorship.

    2. **Navigating Transitions**: Listen to Tim’s pivotal decision to step away from a promising football career and how this challenging moment set the stage for growth and self-discovery.

    3. **Mental Fortitude Over Temporary Setbacks**: Tim shares his personal mantra on why young athletes should think long-term and not make life-changing decisions based on short-lived emotions.

    4. **Music and Entrepreneurship**: Discover how the qualities that define an athlete are surprisingly akin to those required in the music industry. Tim talks about the grind and the dedication needed to score success in his newfound passion.

    5. **Creating Impact On and Off the Field**: Learn about Tim’s dedication to community and personal development, and the important role he plays in shaping the future of young talents, marrying mental aptitude with physical prowess.

    E065 - Mathew Park: 3 Secrets to Staying Motivated as an Entrepreuner

    E065 - Mathew Park: 3 Secrets to Staying Motivated as an Entrepreuner

    As entrepreneurs, we all tend to stay motivated in order to reach more clients and increase our revenues.  Just imagine, if you could achieve the feeling of staying motivated consistently, what would that do for your business and your life?

    Each peak mindset episode will be dedicated to providing you with an inspiring message from world class athletes & entrepreneurs in fitness, business, sports & life, to find out how these amazing people think, what drives them, their habits and routines and what their biggest challenges were and how they overcame them. Mathew will also be sharing solo power messages directed towards empowering, motivating and inspiring you on your next level of being epic!  Get ready for massive motivation, rocking inspiration and valuable lessons from some of the biggest names today in how to step your life to the next level, bust through any obstacle and rock your dreams!