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Today’s show:
TechCrunch's Alex Wilhelm joins Jason to break down the latest earnings reports from Uber (4:04), Lyft (24:28), and Nextdoor (44:15). Then, the two dive into WeWork's failed business model (1:01:44), the viability of various careers as AI advances (38:33), and much more!
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Time stamps:
(0:00) Tech Crunch’s Alex Wilhelm joins Jason
(4:04) Uber’s earning report
(7:04) Pirate cut-throat mentality analogy and the money-ball system
(10:11) NetSuite - Download your free KPI Checklist at http://www.netsuite.com/twist
(11:12) Did the press get Uber’s Earnings report right?
(17:39) Uber and the J-Curve
(20:29) Miro - Sign up for a free account at https://www.miro.com/startups
(22:17) Uber, China, and DiDi
(23:14) ZIRP environment playbook to own a market
(24:28) Lyft gets a participation trophy
(25:22) Comparing Lyft to Uber’s Revenue (Quarterly)
(27:53) Labor availability
(31:05) Arising Ventures - head to http://www.arisingventures.com/TWIST to learn more and connect with the team
(32:15) Immigration policy and a record-low unemployment
(37:37) The underground economy
(38:33) AI effects on unemployment
(39:12) Let’s build new cities!
(44:15) NextDoor earnings
(55:34) A case for hiring remotely
(59:13) Combining remote work with the power of AI
(1:01:44) Clip from TWiST E969 with Alex about WeWork
(1:04:22) Earnings “supplements”
(1:07:35) When Alex discovered business as a youth
(1:14:18) A South Park clip!
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Check out TWiST E969: https://www.youtube.com/watch?v=aM1DDVq3_vs
Follow Alex: https://twitter.com/alex
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Read LAUNCH Fund 4 Deal Memo: https://www.launch.co/four
Apply for Funding: https://www.launch.co/apply
Buy ANGEL: https://www.angelthebook.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
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Follow Jason:
Twitter: https://twitter.com/jason
Instagram: https://www.instagram.com/jason
LinkedIn: https://www.linkedin.com/in/jasoncalacanis
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Follow TWiST:
Substack: https://twistartups.substack.com
Twitter: https://twitter.com/TWiStartups
YouTube: https://www.youtube.com/thisweekin