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This Week in Startups - TWiST News: Reddit Earnings, Apple Intelligence, and more AI money | E2041

TWiST News: Reddit Earnings, Apple Intelligence, and more AI money | E2041

11/08/24 • 90 min

2 Listeners

This Week in Startups

This Week in Startups is brought to you by...

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

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

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

*

Todays show:

Alex Wilhelm joins Jason to discuss Apple’s on-device AI and its privacy implications, Reddit’s earnings, and Amazon’s multi-billion dollar investment interest in Anthropic with strategic chip conditions. They also discuss economic indicators like inflation’s impact on voter sentiment and what metrics will define success for the next administration. Finally, they explore how product velocity has been key to Toast’s SaaS success and share valuable lessons for startup growth.

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Timestamps:

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

(3:29) Discussion Apple Intelligence and privacy concerns

(10:32) Runway - Sign up at https://www.runway.com/twist to get your first 3 months free.

(12:12) Trust in tech companies and privacy

(17:20) Trends on AI topics and ChatGPT

(17:20) Trends and tech product comparisons

(20:59) OpenAI's Chat.com acquisition

(22:45) Mac mini unboxing experience wrap-up

(24:40) LinkedIn Ads - Get a $100 LinkedIn ad credit at https://www.linkedin.com/thisweekinstartups⁠⁠

(26:12) Analysis of Toast's business and growth

(36:25) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist

(37:30) Reddit's growth, user engagement, and moderation challenges

(47:36) Social media incentives and reputation systems

(52:07) Reddit's AI translations and community management strategies

(57:25) Reddit's potential for creating a search engine

(1:00:38) OpenAI's citation challenges

(1:05:30) Amazon's interest in Anthropic and AI regulation

(1:07:37) US immigration and AI regulation under Trump administration

(1:11:43) TikTok's role in US-China relations

(1:15:42) Major IPOs and market potential

(1:17:19) Economic topics and inflation's impact on consumer spending

*

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

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

*

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

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Mentioned on the show:

https://security.apple.com/blog/private-cloud-compute/

*

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:

(10:32) Runway - Sign up at https://www.runway.com/twist to get your first 3 months free.

(24:40) LinkedIn Ads - Get a $100 LinkedIn ad credit at https://www.linkedin.com/thisweekinstartups⁠⁠

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This Week in Startups is brought to you by...

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

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

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

*

Todays show:

Alex Wilhelm joins Jason to discuss Apple’s on-device AI and its privacy implications, Reddit’s earnings, and Amazon’s multi-billion dollar investment interest in Anthropic with strategic chip conditions. They also discuss economic indicators like inflation’s impact on voter sentiment and what metrics will define success for the next administration. Finally, they explore how product velocity has been key to Toast’s SaaS success and share valuable lessons for startup growth.

*

Timestamps:

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

(3:29) Discussion Apple Intelligence and privacy concerns

(10:32) Runway - Sign up at https://www.runway.com/twist to get your first 3 months free.

(12:12) Trust in tech companies and privacy

(17:20) Trends on AI topics and ChatGPT

(17:20) Trends and tech product comparisons

(20:59) OpenAI's Chat.com acquisition

(22:45) Mac mini unboxing experience wrap-up

(24:40) LinkedIn Ads - Get a $100 LinkedIn ad credit at https://www.linkedin.com/thisweekinstartups⁠⁠

(26:12) Analysis of Toast's business and growth

(36:25) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist

(37:30) Reddit's growth, user engagement, and moderation challenges

(47:36) Social media incentives and reputation systems

(52:07) Reddit's AI translations and community management strategies

(57:25) Reddit's potential for creating a search engine

(1:00:38) OpenAI's citation challenges

(1:05:30) Amazon's interest in Anthropic and AI regulation

(1:07:37) US immigration and AI regulation under Trump administration

(1:11:43) TikTok's role in US-China relations

(1:15:42) Major IPOs and market potential

(1:17:19) Economic topics and inflation's impact on consumer spending

*

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

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

*

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

*

Mentioned on the show:

https://security.apple.com/blog/private-cloud-compute/

*

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:

(10:32) Runway - Sign up at https://www.runway.com/twist to get your first 3 months free.

(24:40) LinkedIn Ads - Get a $100 LinkedIn ad credit at https://www.linkedin.com/thisweekinstartups⁠⁠

Previous Episode

undefined - TWiST News: Skydio's Drones, High-Skill immigration, and M&A Unleashed | E2040

TWiST News: Skydio's Drones, High-Skill immigration, and M&A Unleashed | E2040

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. Save up to 50% on your cloud bill at ⁠https://w⁠⁠⁠⁠ww.oracle.com/twist

Notion. Notion combines your notes, docs, and projects into one beautifully designed space with AI built right in. Try it for free today at https://notion.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) Jason and Alex kick off the show

(3:55) Skydio’s Adam Bry joins the show

(4:22) Overview of Skydio's autonomous drones and public safety applications

(9:31) Oracle - Try OCI and save up to 50% on your cloud bill at https://w⁠⁠⁠⁠ww.oracle.com/twist

(11:07) Skydio as the largest US drone producer and Chinese sanctions impact

(17:36) Risks of Chinese-made drones and Skydio's cybersecurity measures

(21:28) Drones in defense and combat applications

(25:15) Notion - Try it for free today at https://notion.com/twist

(27:24) Drone light shows and military implications, Skydio's mission and hiring

(31:44) Future applications of drone technology and hardware startup challenges

(39:31) Geopolitical tensions and impact on American companies

(39:43) AssemblyAI - Get 100 free hours to start building at https://www.assemblyai.com/twist

(41:36) Presidential election results and implications for entrepreneurship

(48:49) Tariffs, immigration policies, and economic impact

(57:41) Prediction markets

(1:00:07) High-skilled immigration and antitrust policies

(1:04:35) Political influence on business dynamics and media

(1:07:02) Mergers, acquisitions, and startup liquidity post-Lena Khan

(1:11:26) Secondary markets, Lyft and DoorDash valuation trends

(1:15:15) The future of search engines

*

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

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

*

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

*

Mentioned on the show:

Check out Skydio: https://www.skydio.com/

Check out Perplexity: https://www.perplexity.ai/

Article on Amazon’s purchase of MGM: https://www.esquire.com/entertainment/movies/a36543339/james-bond-amazon-mgm-deal-explained/

Article on election ad spending in 2024: https://www.afaqs.com/news/advertising/harris-and-trump-spent-nearly-10-billion-on-ads-in-2024-us-elections-7452195

Trailer for 1982 Doc “Buried”: https://www.youtube.com/watch?v=G4NpOlJ_O-I

*

Follow Adam:

X: https://x.com/adampbry

Linkedin: https://www.linkedin.com/in/adambry/

Follow Alex:

X: https://x.com/alex

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

*

Follow Jason:

X:

Next Episode

undefined - TWiST News: Serve Robotics, High Skill Immigration, and the Trump Trade | E2042

TWiST News: Serve Robotics, High Skill Immigration, and the Trump Trade | E2042

This Week in Startups is brought to you by...

Beehiiv. Power your newsletters with AI tools, referral programs, and ad network features—all in one platform. Get 30 days free and 20% off your first 3 months at https://www.beehiiv.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 https://www.vanta.com/twist

Cloud Devs. Building the best remote team is tough, but you don’t have to do it alone. Visit https://www.clouddevs.com/twist for an unbeatable offer on hiring elite Latam talent today.

*

Todays show:

Alex Wilhelm joins Jason to discuss Serve Robotics’ self-driving robots, delivery economics, and building while public with CEO Ali Kashani. Then, the pair dug into high-skill immigration under the upcoming administration and massive price gains in stocks and crypto assets. Alex wondered if the stock market isn't overvalued, full-stop, but both hosts agreed that enthusiasm is hot heading into the new year.

*

Timestamps:

(0:00) Jason and Alex kick off the show (7:27) Serve Robotics' Ali Kashani joins to discuss Serve's latest developments (10:38) Beehiiv - Get 30 days free and 20% off your first 3 months at https://www.beehiiv.com/twist (12:37) Expansion challenges and navigating regulations (20:42) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist (22:19) Business model, future plans, and partnerships (29:14) Cloud Devs - Visit https://www.clouddevs.com/twist for an unbeatable offer on hiring elite Latam talent today. (30:41) Coopetition in the robotics and delivery space (35:16) Autonomous deliveries forecast for 2030 (49:17) High skill immigration and global talent competition (54:19) Leadership styles and labor market shifts (1:07:16) Government's stance on cryptocurrency (1:13:25) Blockchain innovation and tokenizing venture capital

*

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

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

*

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

*

Mentioned on the show:

https://investors.serverobotics.com/static-files/96eeebc1-712f-46fe-9aee-c1242bddea38

https://www.vebulabs.com/autocado

https://a16zcrypto.com/posts/article/a-positive-path-forward

https://www.longtermtrends.net/market-cap-to-gdp-the-buffett-indicator

https://www.npr.org/2024/11/11/nx-s1-5186522/tom-homan-border-czar-trump

*

Follow Ali:

X: https://x.com/ahkashani

Linkedin: https://www.linkedin.com/in/alikashani

Website: https://www.serverobotics.com

*

Follow Jason:

X: https://twitter.com/Jason

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

*

Follow Alex:

X: https://x.com/alex

LinkedIn:

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