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This Week in Startups

The Automation Endgame, VCs Returning Cash, and the OpenAI Wager | E2019

85 min • 3 oktober 2024

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Todays show:

Alex Wilhelm joins Jason to discuss the ongoing ILA strike and impact (2:34), Startup opportunities in port automation (39:49), CRV's $275M return to investors (55:33), OpenAI closing its $6.6 billion mega-round (1:12:07), and more!

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Timestamps:

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

(2:34) The ILA strike overview and impact

(4:59) Technology and efficiency in global ports

(10:10) Notion - Try it for free today at https://notion.com/twist

(11:43) Labor, supply chain fragility, and union perspectives

(20:12) Future of port automation and union demands

(27:07) Fidelity Private Shares℠ - Visit https://www.fidelityprivateshares.com! Mention our podcast and receive 20% off your first-year paid subscription.

(28:27) Societal impacts of potential future labor changes

(38:07) Kyte - Download the Kyte app or book online at https://www.kyte.com and use code JASON to save 10% on your first rental.

(39:38) Startup opportunities in port automation and technology resistance

(45:13) Innovations in port tech

(50:11) Broader impact of automation on employment

(55:39) CRV's $275M return to investors

(1:00:06) Focusing on core strengths in venture capital

(1:02:16) Current market conditions and lack of late-stage IPOs

(1:08:26) Essential skills for venture capital investing and variability in VC fund performance

(1:12:07) OpenAI closing its $6.6 billion mega-round

(1:18:27) Audience Q&A

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Mentioned on the show:

https://ilaunion.org/ila-responds-to-usmxs-statement-that-distorts-the-facts-and-misleads-the-public/

https://www.gao.gov/assets/d24106498.pdf

https://ilaunion.org/ila-halts-negotiations-with-usmx-amid-automation-disputes/

https://www.cbsnews.com/news/how-much-do-dock-workers-make-longshoreman-salary/

https://www.nytimes.com/2024/10/02/technology/crv-vc-fund-returning-money.html

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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:

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(27:07) Fidelity Private Shares℠ - Visit https://www.fidelityprivateshares.com! Mention our podcast and receive 20% off your first-year paid subscription.

(38:07) Kyte - Download the Kyte app or book online at https://www.kyte.com and use code JASON to save 10% on your first rental.

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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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