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This Week in Startups

Ryan Smith on buying the Utah Jazz, evolving Qualtrics, AI’s early days, and more | E1782

70 min • 24 juli 2023

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Today’s show:

Ryan Smith joins Jason to discuss buying the Utah Jazz while simultaneously prepping for an IPO (3:19), Qualtrics going from IPO prep to acquired to spin out IPO to a take-private in under five years (58:56), his thoughts on AI’s impact (49:12), and much more!

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Time stamps:

(00:00) Qualtics Co-Founder Ryan Smith joins Jason

(3:19) Ryan’s decision to buy the Utah Jazz NBA team

(9:05) The Rudy Gorbet Utah Jazz deal

(12:05) Fin - Try Fin, Intercom's new AI customer support chatbot, at https://intercom.com/f

(12:46) The process of owning an NBA team while prepping for an IPO

(21:09) The impact of the midseason tournament

(23:30) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist

(24:50) Providing a better user experience with free-to-watch games in Utah

(26:37) Paradigm shifts in media and building an NBA media giant

(36:10) The importance of going direct in media

(39:52) Superside - Go to https://superside.com/twist to get $2000 off with Superside's Startup Accelerator package

(41:24) Qualtrics’ product evolution

(49:12) Ryan’s thoughts on AI’s impact on business

(54:49) Job displacement as a result of AI

(58:56) Qualtrics going from IPO prep to acquired to spin out IPO to a take-private in under five years

(1:03:31) The change in approach to private vs public businesses

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Check out Qualtrics: https://www.qualtrics.com/

Follow Ryan: https://twitter.com/RyanQualtrics

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Read LAUNCH Fund 4 Deal Memo: https://www.launch.co/four

Apply for Funding: https://www.launch.co/apply

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Great recent interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland, PrayingForExits, Jenny Lefcourt

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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Twitter: https://twitter.com/TWiStartups

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

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