Start / This Week in Startups / Reddit communities revolt brad gerstner on state of private and public markets in 2023 e1761

Reddit communities revolt + Brad Gerstner on state of private and public markets in 2023 | E1761

53 min • 13 juni 2023

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Today’s show:

First up, Jason does a full breakdown of what’s going on at Reddit, and why this is happening now (1:21). Then, Brad Gerstner joins to break down the state of the markets in 2023 (18:28), his “Time to Get Fit” letter to Meta (30:06), and more!

Brad’s fireside chat was recorded live at LAUNCH Angel Summit in Napa.

Follow Brad: https://twitter.com/altcap

Time stamps:

(0:00) Jason tees up today’s segments!

(1:21) Breaking down the Reddit situation: Why 2000’s-era web companies relied on third-party apps built on their API

(3:10) Origin and current state of the Reddit revolt, CEO Steve Huffman’s AMA and comments

(10:27) Jason’s hot takes on how to solve the third-party app API pricing issue, Reddit’s IPO price, and more

(17:00) LinkedIn Jobs - Post your first job for free at https://linkedin.com/twist

(18:28) Brad Gerstner joins live from Angel Summit! Importance on non-consensus conviction, first-party research, how Brad first invested in Facebook

(29:00) Vanta - Get $1000 off your SOC 2 at https://vanta.com/twist

(30:06) Brad breaks down the greatness in Zuckerberg and Meta’s reaction to his “Time to Get Fit” letter

(34:08) Current state of the markets

(38:05) iConnections - Get 20% off iConnections Miami 2024 event at http://iconnections.io/twist

(39:48) Predicting what the AI innovation cycle will look like when compared to past cycles: pc, internet, mobile, cloud; why now is the most important time for AI investing

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