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This Week in Startups

OpenAI CTO Departure, DOJ AI Compliance, M&A Trends, and more! | E2014

87 min • 26 september 2024

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Todays show:

Alex Wilhelm joins Jason to discuss OpenAI CTO’s departure (2:03), DOJ AI compliance guidelines (9:11), current trends in tech M&A (19:15), and much more!

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Timestamps:

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

(2:03) Breaking news: OpenAI CTO departure and speculation

(8:17) Linear - Streamline issues, projects, and product roadmaps in a tool your team will actually enjoy using. Get 25% off at https://www.linear.app/twist

(9:11) DOJ AI compliance guidelines

(17:52) Oracle - Try OCI and save up to 50% on your cloud bill at ⁠⁠https://w⁠⁠⁠⁠ww.oracle.com/twist⁠⁠⁠

(19:15) Current state and trends in tech M&A

(29:13) Liquidity, market trust, and the move towards a cashless society

(36:05) Fundrise - Sign up today at https://www.fundrise.com/TWIST

(37:21) Startup funding, valuations, and disciplined fundraising

(50:09) Instacart's valuation journey and venture capital challenges

(53:25) Optimism for the AI-driven business super cycle

(55:36) The future of labor: Skilled trades vs. knowledge workers

(1:02:03) Trends in apprenticeships, college enrollment, and geographic arbitrage

(1:08:24) Startup opportunities in vocational training and alternative education models

(1:11:09) Google's career certificates initiative

(1:14:16) Job expectations and the reality for young professionals

(1:15:42) Tenet Media controversy

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Mentioned on the show:

https://www.cnbc.com/2024/09/16/the-toolbelt-generation-why-teens-are-losing-faith-in-college.html

https://globalventuring.com/corporate/exit/exits-corporate-backed-startups-august-2024

https://www.wsj.com/articles/justice-department-pushes-companies-to-consider-ai-risks-116cfcf7?mod=hp_minor_pos11

https://www.ft.com/content/78b7e7a7-7428-4c5e-bfa2-0921c9d6cd25

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Follow Alex:

X: https://x.com/alex

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

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Follow Jason:

X: https://twitter.com/Jason

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

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Thank you to our partners:

(8:17) Linear - Streamline issues, projects, and product roadmaps in a tool your team will actually enjoy using. Get 25% off at https://www.linear.app/twist

(17:52) Oracle - Try OCI and save up to 50% on your cloud bill at ⁠⁠https://w⁠⁠⁠⁠ww.oracle.com/twist⁠⁠⁠

(36:05) Fundrise - Sign up today at https://www.fundrise.com/TWIST

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Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, 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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Substack: https://twistartups.substack.com

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