Cover image of This Week in Startups - Video

This Week in Startups - Video

Angel investor Jason Calacanis (Uber, Calm, Robinhood) interviews the world’s greatest founders, operators, investors and innovators. Get an insider’s look into venture capital, learn how to start and scale your own startup, and ride the cutting edge of technology in today’s headlines and beyond.

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E1054: The Power of Accelerators E3 Siobhan Dullea, CEO of MassChallenge on running a non-profit accelerator, accepting hundreds of companies per year, what makes a great application, why East Coast investors are more conservative & more!

0:42 Jason intros MassChallenge CEO Siobhan Dullea 3:09 What is MassChallenge & how is it different from a typical accelerator? 5:48 How many startups do they accept across their different programs? 11:33 How does their prize money situation work? How are the winners selected? 19:05 How is MassChallenge sustainable as a non-profit 22:55 How is MassChallenge funded & how do they track portfolio success, what government & corporate sponsors looking for out of MC? 29:22 MC's top accelerator companies 32:24 What makes for a great application? 39:00 Why are East Coast investors obsessed with intellectual property? Why are they more conservative? 44:10 Thoughts on virtual accelerators? 47:20 Red flags when accepting companies? 50:08 What will change post-COVID-19?

1hr 5mins

6 May 2020

Rank #1

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E1057: Founders Fund General Partner Keith Rabois on stock market bounce back, domain expertise being overrated, US/China issues, 2020 election, recipe for startups success, chaos making way for a new generation of entrepreneurs & much more!

0:56 Jason intros Keith Rabois and checks in on his quarantine, Zoom's heightened exhaustion factor & more 5:46 What will the lasting impact of COVID be on Silicon Valley & the startup funding landscape? 8:18 How the early 2000's dot-com bust paved way for a generation of new founders & why the PayPal mafia of outsiders thrived in chaos & became the establishment 14:23 What has happened to intellectual debate during COVID-19? What are first principle thinkers and why are they important to problem-solving? 20:53 Is domain expertise overrated? 22:39 Keith's on his pinned tweet about his perceived recipe for startup success 26:50 In which verticals did Keith find outliers using his low-NPS/fragmented/vertical solution strategy? 32:15 History on US relationship with China, has Trump been right on China threat, should US try and bring manufacturing back from China? 44:41 China's involvement with whistleblowers, benefits of litigation knowledge as a VC, world's reaction to China mishandling COVID info 50:40 Has Biden been soft on China? How will that play into the 2020 election? 1:00:51 Why is the stock market bouncing back so quickly with record-setting unemployment numbers? Will there be another correction? 1:03:59 What is Keith seeing across his portfolio? M&A opportunity for companies like Lyft? 1:09:34 Keith shares thoughts on the right time to go public 1:13:50 Impact of 20% unemployment on startups over the next year, mental impact of lockdown & social isolation 1:20:40 Keith's most positive outlook going forward

1hr 24mins

12 May 2020

Rank #2

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E1049: freeCodeCamp Founder Quincy Larson shares insights on democratizing developer skills, which programs to learn to land a coding job, if anyone can learn to code, maximizing earning potential & more!

0:50 Jason thanks the front-line workers & intros freeCodeCamp's Quincy Larson 7:45 Why & how did Quincy start freeCodeCamp? What is freeCodeCamp? 12:16 Jason & Quincy discuss starting & running large online communities, benefits of Discord & Slack 15:36 Can you jump right in on freeCodeCamp.org? What types of certifications do they offer? 17:38 COVID-19's impact on user growth & why Quincy is emulating Red Cross, YMCA & other non-profits 21:19 Do they track outcomes at freeCodeCamp, how do they compare to Lambda School? 26:05 Can anyone become a web developer? How many hours would it take for an average high school graduate to be able to build a 1.0 version of Twitter or Shopify? 35:09 Quincy shares some freeCodeCamp success stories 41:21 What's the quickest way to get a job through coding? What program should an aspirational developer start learning first? 45:57 Should new developers prioritize mobile development to maximize earning potential? 48:24 What % of freeCodeCamp users are non-US? Which country has shown the most potential? 50:44 What does the post-COVID world look like for developers? 53:21 freeCodeCamp's developer cards project


24 Apr 2020

Rank #3

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E1062: News Roundtable! Acquired.FM Co-Hosts Ben Gilbert & David Rosenthal on Clubhouse’s pre-launch $100M valuation, Joe Rogan to Spotify, Uber layoffs, food delivery wars, Facebook buys GIPHY & more!

0:31 Jason intros today's news roundtable guests Ben Gilbert & David Rosenthal 6:54 Clubhouse raises Series A from a16z at a $100M valuation pre-launch 11:12 How do $2M in secondary shares play into Clubhouse's situation? 14:08 How Clubhouse achieved "VC-Market Fit" 18:49 Was this investment worth it considering massive former outliers in the consumer social space (Facebook, Twitter, Snapchat)? Or did a16z pay too high of a price? 26:08 Bull/bear cases for founders selling secondary shares pre-launch 33:29 What impact did raising $100M for Mahalo pre-launch have on Jason? 37:18 Joe Rogan to Spotify, guess the acquisition price & macro-impact on the podcast industry 46:09 How massive is this for Spotify's position in the podcast industry? Did Apple drop the ball? 51:28 Jason to Dara: Uber should buy Dominos 52:16 How much podcast market share will Spotify have in the coming years? Will this be viewed as the landmark deal? 57:03 Uber layoffs, potential GrubHub acquisition, does the food delivery business model work? 1:04:57 Why the on-demand food delivery industry has a product-market-price fit issue, should life-long bureaucrats impact capitalist policy? 1:12:03 Who emerges victorious from the food delivery dog fight? 1:15:28 How being too reliant on one revenue stream could kill many ad-based media publications 1:24:38 Facebook's GIPHY acquisition 1:25:55 Twitter thread by GIPHY crowdfunding investor who never received their return, why Syndicate/Crowdfunding leads need to stand up for their investors to downstream firms THREAD: https://threadreaderapp.com/thread/1262574661239312384.html 1:37:20 How GIPHY's weak relationship with their DAUs led to little negotiating leverage 1:39:05 Predictions for Clubhouse's eventual business model

1hr 57mins

20 May 2020

Rank #4

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AMA 2: All Turtles CEO Phil Libin answers questions from founders: should early-stage founders prioritize data or instincts, building global products, ML risks, thoughts on remote work

All Turtles CEO Phil Libin answers questions from founders: should early-stage founders prioritize data or instincts, building global products, ML risks, thoughts on remote work Join the TWiST Slack: https://launchevents.typeform.com/to/kLq5Bi Mentioned during the AMA: Phil's First appearance on TWiST: https://www.youtube.com/watch?v=pSYdwNHCmJA Phil presents his state machine that answers all growth questions: https://www.youtube.com/watch?v=UjyhDOb_j1I All Turtles Product Taxonomy podcast: https://www.all-turtles.com/podcast/episode-50-product-taxonomy-how-we-classify-product-pitches/ Questions: 1:03 Knyck: In your state machine model, how early should companies prioritize looking into resurrection, lines 5&9, of inactive users into low and high-value users? 2:36 David: Thoughts on Notion? I’ve been an Evernote user since ’08 but Notion seems to be winning over some Evernote fans. 3:11 Tom: 1) As CEO, what brings you the most joy as a CEO, any examples? 2) As a Software Engineer, what was one of the most difficult things you had to overcome? 3) What’s one thing early founders don’t think is as important as it really is? (Besides culture) 9:54 Graham: During the early days (pre-product market fit), do you think that more metrics are always better for founders, or would you recommend focusing on those north star metrics that can keep founders focused on the most important business levers? 12:32 Craig: How have any setbacks or failures in the past changed the way you approached problems or roadblocks. What changes will you make after COVID? 17:04 Andrii: How would you compare Notion vs Roam research vs Evernote? What are some strong and weak features of each platform? 18:26 Jeff: Have you completed your goal yet of 1 pull up? 19:36 Sina: As you said: “Many companies focus on just one market and build up from there” but you guys invest in a global presence early on in the process and tried to have users from the Asia Pacific regions from the early days. How did you guys manage to do that? Was it only marketing campaigns or did you guys have strategic partners in that region? 23:31 Tatiana: Do you consider in this matter taking some mentoring as a real addressed help? If so, I would like to take this opportunity to apply for your mentoring, if possible. What will be the best way to contact you and introduce myself? 24:39 Luke: Which products being developed at All Turtles are you most excited about? 27:59 Presh: What’s your framework for deciding which products/problems you’d like to focus on/solve at All Turtles? 30:47 Catharine: Aside from changing how you eat, what are the other two things you’ve done that have transformed your life? 32:53 Jason: Can you talk about your massive weight loss and how that did/didn’t impact you as a founder/leader? Do you think you were perceived differently based on your weight as a founder/leader? 38:02 Alex: We’re building a real-time platform called answerable and we’re wondering at what critical tipping point a platform has enough data to really derive good insights? 40:49 Alex: What would you suggest for a very regulated company (SEC) where user testimonials + referrals are either straight up not allowed or require super fine inspection to avoid being sued? 42:12 Juan Juan: I remember your story when you were planning to close down Evernote then an Angel came to your rescue writing a check that gave you the runway to success. How did that happen and what were you feeling at that time? 44:04 Vitaly: How do you estimate tech risks while investing/building a ML product? 47:08 Tammy: Will remote work actually be permanent? 48:51 Vince: After scaling Evernote and then working as a VC, I’d assume you’d advise many companies not to go the VC funding route,


8 May 2020

Rank #5

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E1050: PlayVS CEO & Founder Delane Parnell shares his incredible journey from the projects to raising almost $100M to build the esports platform of the future, breaking through as an outsider in tech, using leverage & partnerships to create a moat, his top 5 entrepreneurs & more!

0:42 Jason intros PlayVS CEO & Founder Delane Parnell 2:59 What is PlayVS, how do they make money & how fast are they growing? 5:37 Attracting investors, leveraging an exclusive contract to scale across US high schools & average hours spent on the platform by players 13:26 Delane shares his backstory, from flipping shoes to owning cell phone stores in high school to getting tickets to the LAUNCH Festival in SF 26:38 How Delane turned LAUNCH Festival networking to deal flow & a job in venture capital 32:52 Meeting Peter Pham at SXSW, moving to LA to start PlayVS 38:16 Delane on his relationship with Michael Ovitz 40:20 PlayVS' go-to-market strategy & relationship with game publishers 45:51 PlayVS being co-ed & giving female gamers a safe environment to play in 51:08 Race in tech & Delane's advice on breaking into the industry as an outsider 55:57 Not taking any checks from firms who hadn't previously backed black founders 59:05 Does Darnell's intentionality about diversity create a talent advantage for PlayVS? 1:06:06 Relief of hiring high-level operators 1:11:41 LA restaurant scene discussion 1:13:39 Bird vs. Lime vs. Uber, pricing model discussion, thought on Travis Kalanick 1:23:10 Top 5 Tech entrepreneurs of all-time 1:33:40 What's going on at Airbnb?

1hr 43mins

28 Apr 2020

Rank #6

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E1055: Hustle Fund Co-Founder & General Partner Elizabeth Yin on her unique portfolio strategy, attracting first-time LPs, optimism for post-COVID fundraising, dealing with pro rata as a smaller fund & more!

0:50 Jason opens the show with some thoughts on livelihood, getting back to work as a lose-lose situation and approaching the situation with kindness and empathy 5:47 Jason intros Hustle Fund's Elizabeth Yin and they discuss the process of raising Hustle Fund I and targeting first-time LPs 10:25 Why high net worth individuals would look to become venture LPs 14:26 What's the deal with Elizabeth & hippos? Where can you find Jason as his alter-ego "CyberSurfer" 15:49 What is Hustle Fund's portfolio strategy? 18:55 When do you know if you have a 100x outlier? Why roll prior angel investments into the fund? 24:15 Thinking of venture funds from a gambling perspective 28:24 What is Hustle Fund's approach to pro-rata as a smaller fund? 34:49 Founders ability to "game" investors increasing in last 5 years 37:47 How does Elizabeth decide to make the follow-on second bet in a company? 42:01 How does Elizabeth advise her startups to raise from downstream Seed/Series A investors, importance of positive unit economics 47:41 Challenges of fundraising in today's climate 50:34 Reasons for optimism/pessimism, lockdown creating a necessity for innovation 56:55 What will COVID's permanent ramifications be on startups?

1hr 3mins

8 May 2020

Rank #7

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E1058: Slice CEO & Founder Ilir Sela helps local pizzerias compete with chains by digitizing orders & small fees, shares insights on raising $40M+ Series C during pandemic, “reverse franchise model”, viral GrubHub invoice, helping front-line workers & local pizzerias with Pizza vs. Pandemic

0:36 Jason shares thoughts on his portfolio activity, getting back to work, leadership & more 4:20 Jason intros Slice Founder Ilir Sela 7:14 How has Slice been helping local pizzerias and front-line workers during the pandemic? https://sliceouthunger.org/pandemicpizza 9:12 What are the economics of an average privately-owned local pizzeria? How are the majority fairing during COVID-19? 13:24 What is Ilir building at Slice? What is their "reverse-franchise model" that helps local pizzerias compete with Dominos & other large chains? 15:32 What is the user-experience on Slice? 18:49 Who is Slice's average customer & how are their pizzerias handling the virus in 3 segments 29:10 Raising a $40M+ Series C during COVID pandemic & leaning on long-term relationships 32:49 Viral GrubHub invoice response - valid or overblown? Unit economics of delivery apps & how Slice's fees compare to GrubHub, DoorDash, UberEats & more 40:12 Huge delivery fees creating the need for two different menus (with higher prices on third-party platforms), how Dominos digitizing their order volume created maximum efficiency & allowed them to keep the same prices for over a decade 45:28 What is Ilir planning on doing with Slice's excess office space, how will the pandemic effect in-person work going forward? 50:10 Which groups of employees perform better under isolation? How is Slice helping employees deal with working remotely? How is New York responding to the crisis, and what will reopening look like (hybrid offices)? 1:06:53 Do business leaders have a responsibility to go through the testing process to understand how to help employees get tested efficiently?

1hr 17mins

12 May 2020

Rank #8

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E1052: Range CEO & Co-Founder Dan Pupius shares best practices on building culture as a remote team, insights from working on Google+, importance of asynchronous communication on distributed teams, Holacracy & more!

0:56 Jason intros the show & talks about the impact the TWiST Slack has had on him 4:47 Jason intros Dan Pupius of Range 6:13 What is Range and why is it asynchronous & who types of companies is it made for? 10:48 What is the core feature of Range? 15:19 Dan's time at Google, working on Google+ & Google Buzz 21:16 Competing against Facebook's product velocity 24:28 Why did Google+ fail? 29:22 How adoption patterns & network effects played into Google+ not taking off like Facebook 36:57 How to use team communication tools & not come off as overbearing, dealing with unmotivated employees & creating environments that increase motivation 45:02 Burning Man, CyberPunk & more 47:47 Dan shares best practices on building culture as a remote team 52:15 Importance of maintaining "psychological safety" to optimize performance, holding colleagues accountable during high-pressure situations 58:37 Dan's experience developing Holacracy at Medium with Evan Williams 1:06:18 How experience & milestones affect leadership 1:09:21 Potential of "hybrid" remote/in-person offices after going back to work

1hr 12mins

2 May 2020

Rank #9

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E1056 AMA: StartX & Nexus Events Founder Cameron Teitelman answers questions from founders: how universities with no entrepreneurial culture can mimic Stanford, building flexible & sustainable culture during COVID, scaling Nexus Events rapidly & more!

StartX & Nexus Events Founder Cameron Teitelman answers questions from founders: how universities with no entrepreneurial culture can mimic Stanford, building flexible & sustainable culture during COVID, scaling Nexus Events rapidly & more! Join the TWiST Slack: https://launchevents.typeform.com/to/kLq5Bi Mentioned during the AMA: Cameron's new startup: https://mixer.nexusevents.io/login_mixer Cameron's most recent TWiST appearance: https://youtu.be/zsNqOLs-NVI Questions: 0:37 Cameron intros his AMA and describes his new company: Nexus Events https://mixer.nexusevents.io/login_mixer 1:31 Kevin: Are seed investors investing right now? What have StartX companies been seeing lately from early-stage investors? 2:55 James: How can universities with no entrepreneurial culture mimic the success of Stanford in creating an environment that encourages building and innovation? 4:29 James: How does the accelerator structure change for current students? What are some of the common pitfalls you have seen people make starting their company whilst finishing their degree? 7:18 Presh: Could you share more about your new startup? What are you building and why? 10:15 Ashley: How are you looking at accepting companies to StartX through the COVID lense? Which companies (in your portfolio or not) do you think are particularly well-positioned for the post COVID environment? 12:43 Jean: Regarding mentorship, in what areas do solo founders need the most help with? 14:41 Annette: Will Stanford affiliated applicants get priority over referral applicants? Would consumer startup applicants that are non-COVID related be considered during this time? 17:35 Henry: What are your thoughts in terms of building a flexible but sustainable culture? 19:26 Matt: Do you take a different approach with health tech portfolio companies and educate/manage/support them separately from the rest of the portfolio? 21:21 Laura: Given that companies don't give up equity, and there is no structured program, how do you cultivate high-level engagement with your founders/companies & mentors? 25:27 Luke: Can you talk about how the collaboration between StartX and the Stanford Hospital and Clinics works? How are the grants assessed and awarded? 26:14 Jacqui: Do you see the StartX Med COVID-19 Task Force as a new model to accelerate advances in biotech or to generate solutions for other critical global issues? 27:07 Heidi: How can other med schools around the country partner with you to develop satellite programs? 29:17 Dan: Do you have any war stories about running Nexus Events during COVID and what you’ve learned from it?


12 May 2020

Rank #10

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E1061 AMA: Hustle Fund Co-Founder & General Partner Elizabeth Yin answers 50 questions from founders!

0:43 Prashant: Would you have benefited from an AngelList equivalent for venture capital? In other words, if up and coming venture firms can find Potential LPs in every corner of the world, instead of just SF? 1:23 Kate: What do you look for in a stand-out startup, specifically? How can I attract investors interested in what I do that will find it rewarding to invest in me besides providing raw numbers and projections? 2:50 Emin: What FOMO tactics are you using while fundraising? 4:23 Cindy: Are you open to funding sextech? How do you approach the vice clause? 5:30 Kevin: How are other seed/early-stage firms investing right now? Does Hustle Fund’s approach vary greatly from the industry standard? 6:36 Susan: How do you think about investing in blockchain, AI, spatial computing XR & AR? 7:23 Matt: At what stage should a startup calculate CAC? We are early, so my co-founder and I physically visit customers to obtain them. Eventually, we will change to a cost-effective channel. Should we put a $ value on our time and begin calculating CAC or not bother at the moment? 9:25 Saul B: How do you think about investing in the biotech/education space? Would you invest in biotech companies tackling the lack of genetics education in K-12? 10:16 Vinay: We are a startup building the graduate program search engine. We are doing what you had done in beatthegmat.com Are you still investing in this business model? 11:16 Kevin: Favorite business models to invest in these days? Conversely, least favorite business models to invest in these days? 12:36 Simeon: What would be the minimum traction for a prop-tech that you would be looking for, before investing in a startup? 12:59 Ed: What kind of trends do you see in sports tech? 13:59 Andrew: I’m an LP in Hustle Fund. How can I be a better backer? Beyond money, what can investors like me do for funds we back? 15:21 Emin: What kind of startups do you want to see in the next 5 years? 18:27 Arjun: What is too early or too late stage for Hustle Fund? Asking because we’re told our MRR $15k is too early but others say not at all. 19:05 Henry: How has your selection criteria changed for founders as a result of COVID? Are there new verticals you are backing given the circumstances? 20:07 Aaron: During this downturn, we had time to re-evaluate our approach and uncovered an exciting new path forward (with a much larger TAM). It contributes to the flywheel but is very different from our core model. How can we effectively communicate that this is the best (albeit riskier) path forward? 21:56 Gustavo: How did corona change the dynamics of raising funds in-person vs remote meetings? And do you think we’ll fully revert to old practices once things normalize? 23:23 Emin: What is your north star vision for the future of Hustle Fund? 24:51 Jason: What's the best pitch you ever got that resulted in the quickest yes and a check from you personally? How did that investment go? 26:29 Farshad: What is the nature of raising a seed round with only an MVP app in a highly regulated industry? There’s the catch 22 problem where you need a small round in order to get approval and move forward. How do investors evaluate those investments and how should you approach it as a founder? 28:05 Marten: How do you see your roadmap for approaching globally thinking, European based pre-seed/ seed startups? Many non-diluting public grants are around in the EU/Nordics which are accessible with just a small amount of private funding. 30:19 Jing: Considering different industries move/evolve at different paces: When evaluating deals, how important is this for making your investment decision? (ex: social media moved faster than e-commerce, B2C user growth is faster than B2B2C) 31:33 Timothy: How do you typically work with founders you backed?

1hr 13mins

19 May 2020

Rank #11

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E1059: The Power of Accelerators E4 Sean O’Sullivan, Managing General Partner of SOSV on running capital intensive accelerators in hardware, life sciences & food science, unique follow-on strategy, cell-based meat going mainstream, China-based vs. US-based accelerators

0:42 Jason intros SOSV's Sean O'Sullivan 4:19 How is operating in China during COVID? 5:22 Origin of SOSV, thoughts on in-person accelerators over remote accelerators, why hardware/life-science accelerators need in-person cohorts 9:02 Sean describes SOSV's typical deal terms, unique follow-on strategy & cohort size 14:27 What stage company are SOSV accelerators looking for? Does it vary by industry? 17:58 Sean describes SOSV portfolio company Memphis Meats & how they utilize bioreactors to create cell-based meats 23:06 When will we see plant/cell-based meat being cheaper than the real thing? 29:25 Will the issue of food-availability will be solved in our lifetime? 33:16 Will modern food science revolutionize taste & what is the holy-grail food that will be produced? 42:15 What is being done in the ingredients space? 48:58 How is running an accelerator in China different than running one in the US? 53:39 Embracing hardware, thoughts on Hardware-as-a-Service 1:00:44 Micro-terraforming

1hr 5mins

13 May 2020

Rank #12

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UPCOMING: Register for Angel.University Online at Angel.University/Events

Hosted by Jason Calacanis & Michael Savino, Angel.University is a workshop for individuals interested in becoming professional angel investors. The curriculum is designed for angels who have done 0 to 100 angel investments and focuses on five key topics: sourcing deals, evaluating startups, negotiating deals, portfolio and bankroll management, and post-deal efforts. Register: https://www.angel.university/events Register: https://www.angel.university/events


7 May 2020

Rank #13

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E1060 AMA: Range CEO & Co-Founder Dan Pupius answers questions from founders: meeting & collaborating with Evan Williams, divvying up time while building a remote team, product development advice, benefits of co-founders & more

Range CEO & Co-Founder Dan Pupius answers questions from founders: meeting & collaborating with Evan Williams, divvying up time while building a remote team, product development advice, benefits of co-founders & more Join the TWiST Slack: https://launchevents.typeform.com/to/kLq5Bi Check out Range: https://www.range.co/ Questions: 0:50 Laura: Interested in learning more about what made you want to build a company that focused on remote work? Do you personally find it challenging not to be in the same physical space as your team/the companies you work for? 2:46 Knyck: What advice would you give around developing and sticking to a product development roadmap as a first-time founder? What’s a good way to establish and calibrate sprint lengths when looking at various aspects of the build? 5:48 Henry: What are best practices around building a tight mission-driven culture when working remotely given people are not interacting face to face physically on a daily basis and focus may be impaired? 8:10 Kevin: Have you received any downstream investor interest since the start of mass quarantine across the US? Do investors see this as an opportunity? 8:57 Ciara: Can you share a little about where you want to be in 18-24 months with Range? How are you planning on scaling and what does your product roadmap look like? 10:51 Nick/Presh: How did you meet Evan Williams, what’s the story of you leaving Google for Medium, and what are some amazing insights/lessons you learned from working with him? What makes him stand out as a founder? 13:41 James: Really like the use of daily check-ins and achievement tracking within Range to keep people on track. How can we encourage these actions in important areas outside of work, where people aren't directly incentivized/forced to do so (fitness, eating, learning)? 15:52 Charles: What do you look for in a co-founder and what advice would you give to founders looking for one? Do they even need to? Also, Marmite, love it or hate it? 18:23 Lizette: What should self-funded startups be thinking about right now and 24-36 months out? 20:45 Sean: Any tips on joining a (small) tech team as a new leader? Especially fully remote? 23:24 Amanda: How did Google change in the 7 years you were there in terms of culture and product roadmap? What was it like when you joined and when you left? 25:41 Ian: How has being an Industrial designer and software developer given you insights for Range and remote working? Are you a leader or a co-founder, can you be both. 28:58 Ian: What are people expecting from a question about "culture", what are they expecting others to give them. For me, If you don't know what culture you want, you simply don't know what you want or where you are going. 32:20 Sanford: How do you split up your day starting a remote company? Do you have days when you do certain work? 34:36 Jason: What do we lose by being remote and how do we get it back if we stay remote? 37:25 Nick: You said you met Evan Williams at The Grove, what’s your go-to meal? (My favorite breakfast burrito in SF)


14 May 2020

Rank #14

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E1051: The Power of Accelerators E2 Cameron Teitelman, Founder & Chairman of StartX on optimizing Stanford’s entrepreneurial landscape, thesis on peer-support groups’ correlation to founder success, why growth-stage founders join StartX & more!

1:00 Jason intros Power of Accelerators Episode 2! 3:07 Jason intros StartX Founder Cameron Teitelman: What is StartX, how do they invest, when and how was it started? 6:54 How does StartX exist? Are they profitable? 8:43 Why would a growth stage founder join StartX? 13:28 What is the process for selecting founders/companies for StartX? What is unique about Stanford students? 16:28 Difference between arrogance and confidence, StartX's "No A**hole" rule, Cohort size 20:47 What does StartX look for in founders, what questions are asked in interviews & what preferences do they have regarding co-founders 27:04 How do VCs look at StartX? What are their demo days like? 31:54 Thoughts on YC's demo day & how to run a demo day process 41:16 Cameron on hacking his way into VC, new StartX funds, thesis on successful founders & peer-support groups 45:58 Stories about getting cut out of a deal 48:09 What StartX's portfolio signaling tells them about successful founders, importance of time management 51:59 Steve Blank's theory of customer development, top portfolio companies


29 Apr 2020

Rank #15