OpenAI drama, billion-dollar exits, and founder salaries with new co-host Alex Wilhelm | E1953

Timestamps:
(0:00) Alex Wilhelm joins Jason to dive into this week’s news.
(1:17) Announcing new co-host on TWiST Alex Wilhelm of TechCrunch fame!
(3:03) Alex breaks down what’s on the docket for today!
(4:16) The OpenAI equity issue.
(10:38) Vanta - Get $1000 off your SOC 2 at www.vanta.com/twist
(12:39) OpenAI’s ChatGPT 4o.
(15:33) Why ChatGPT is better than Siri.
(17:50) OpenAI’s net revenue in the wake of last week’s announcements.
(20:04) LinkedIn Ads - Get a $100 LinkedIn ad credit at / thisweekinstartups
(22:06) Comparing the needs of consumers vs enterprise for ChatGPT.
(24:17) OpenAI has pulled “Sky” one of the voices for the new ChatGPT 4o due to it sounding like Scarlett Johansson
(28:48) Equinix - Join the Equinix Startup Program for up to $100K in credits and much more at deploy.equinix.com/startups
(30:01) Alex’s favorite topic around how much founders paying themselves.
(38:46) A billion-dollar deal in cybersecurity.
(45:43) Breaking news Scar Jo!
(56:24) What’s going on with crypto-venture capital.
(58:02) A look at “decentralized twitter” called Farcaster.
Links from episode:
OpenAI Equity link: www.businessinsider.com/sam-a...
OpenAI revenue growth techcrunch.com/2024/05/20/cha...
Founder salary report: pilot.com/founder-salary-repo...
CyberArk-Venafi deal: techcrunch.com/2024/05/20/cyb...
Crypto VC rising: www.reuters.com/technology/ve...
Check out Farcaster: www.farcaster.xyz/
Subscribe to This Week in Startups on Apple: rb.gy/v19fcp
Check out COMPANY: www.company.com
Follow Alex:
X: x.com/alex
LinkedIn: / alexwilhelm
Follow Jason:
X: / jason
LinkedIn: / jasoncalacanis
Thanks to our partners:
(10:38) Vanta - Get $1000 off your SOC 2 at www.vanta.com/twist
(20:04) LinkedIn Ads - Get a $100 LinkedIn ad credit at / thisweekinstartups
(28:48) Equinix - Join the Equinix Startup Program for up to $100K in credits and much more at deploy.equinix.com/startups
All rights for the video shared and linked below belong to the original copyright holder, and we are using the footage under the principle of fair use.
Listen here:
Apple: podcasts.apple.com/us/podcast...
Spotify: open.spotify.com/show/6ULQ0ew...
Overcast: overcast.fm/itunes315114957/t...
More from us:
Twitter: / twistartups
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Official site: thisweekinstartups.com
Subscribe to our KZbin to watch all full episodes:
/ @startups
Subscribe to TWiST Clips for all the best moments:
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#startups #entrepreneurship #investing #angelinvesting #tech #news #business

[@MakeMoneyWithAI_83]

Great discussion on the latest tech news and founder salaries in the This Week in Startups video with Alex Wilhelm! The insights on OpenAI, ChatGPT, and the billion-dollar cybersecurity deal were really interesting. Looking forward to more episodes like this!

[@startups]

🙌

[@hzhang8542]

Dream team! So happy to see Alex as the new co-host :)

[@startups]

We are lucky to have him!

[@ryanhoward6316]

Loved the crypto corner at the end of the episode, shout out to Alex, who just earned my respect for looking at it, subjectively and giving an honest assessment of where the industry is at

[@startups]

We love Alex !!

[@oneshotoverlord7817]

great show

[@altfiwithleighlommen310]

My college tuition at Wisconsin was 2k, my MBA at Columbia was 135K

[@marthajohnson2775]

Welcome Alex Wilhelm! Why did people watch soap operas? They liked the stories. The introduction of computers into the workplace brought efficiency and improved productivity. It was a welcome addition. When we started using IBM's Dual Disk Display Writer no one knew how to program them. They handed us the manuals and said figure it out. I've been hooked on computers ever since.

[@startups]

Great insight!

[@mattkotler9100]

Woooo! Welcome to the show Alex!

[@JasonCalacanis]

I'm so excited!

[@startups]

Woohoo !!!

[@Dropdabrickonyotoes]

Dont ruin him like you did to poor Molly Wood

[@raphaelschaad4309]

Is she ruined?

[@CortBremner]

Great job as always chef JCal and new co-host Alex!

[@InkaHacker]

Jcal, take out the ads. They are hideous

[@JasonCalacanis]

gotta pay for nine people working on the show!

[@lw3949]

The ads are not the issue. It's the way you integrate in the video. Too intrusive.

[@connorc2191]

What a dumb comment😂 you wanna pay for this podcast or you like KZbin? There’s your answer

[@mattkotler9100]

@@lw3949 How would you do it differently?

[@jeffsteyn7174]

So does it mean if anyone has a natural voice similar to someone famous they cant be an actress? Because that was the voice actors narural voice.

[@sillybilly346]

No need to run cover for openAI, nothing in their recent demo outside of the macos app for a select has been shown

[@petratilling2521]

His ego couldn’t handle the rejection. There is something VERY wrong with sama.

[@TerryKinder]

ICO. What century is Jason living in?

[@andybaldman]

How many effing corporate product mentions can you guys fit into one podcast?

[@BadgerMan.1]

I was Googling literally yesterday about where the F@@@ Alex Wilhelm was. Now the answer arrives - here! At the risk of being one of those who posts public opinion as if anyone cares, any way - more Alex, less overall waffle whereby the content is over-explained as if the entire audience is new to this. I’d wager the audience for this is largely from the demo not needing hand holding when technical terms pop up.

[@startups]

We are stoked to have Alex!

[@joviankaz]

Bitcoin IS A DAO! Stop suggesting that only fringe crypto is what DAOs are... The best (currently existing) DAOs are the ones you don't even perceive you're a part of! Hence the confusion on what constitutes a DAO (not useful to package it together with failed ux) Great discussion otherwise (as usual)

[@augmentos]

Farcaster is far from decentralized it’s a VC grift

[@AlwaysRememberTheTruth]

jeez this show has so many ads. 1minute too. i mean the show has great, informative content and all. but is the 10+ ads before, all throughout, and at the end really that necessary? obviously we are all free to skip them, but really? it's not like you guys are struggling youtubers and need the money to pay your rent. i'm branching out to other pods solely because of these obnoxious ads. keep charging absurd fees for them because you can, and i guess see what the data shows. see if your viewers all truly want to get plastered with ads all throughout your pod. keep making that money. but keep a close eye on your viewership numbers.

[@user-gc4lo1cm2g]

why do you insist on having a cohost? people literally come for you you made the same embarrassing mistake with molly and here you are doing it again you've literally shat on your old product. alex is not an operator or investor we dont give a a shit what he thinks

[@webdeveloperninja9220]

We all come for jcal

[@JasonCalacanis]

the news show is more dynamic when someone is there to read the facts and ask me insightful questions... give the news shows a test and let me know what you think after 10 episodes note: we're still going to do founder interviews 2 days a week (and news 2 days a week)

[@user-gc4lo1cm2g]

@JasonCalacanis they can do it offscreen and prompt you in writing you keep thinking this is the dinosaur age when you grew up. this ain't the tonight show where you can just swap hosts you can't. it's 2024 and the age of dtc podcasts the twist pod might as well be called the calacanis podcast nobody wants to hear from this random fool. you can't separate the brand from you you are destroying the legacy of twist by having these perma hosts

[@webdeveloperninja9220]

@@user-gc4lo1cm2g let him cook

[@TarotPolitics]

Alex is a wonderful journalist and person. Ive been listening to him for YEARS!!!! he’s a great counterpoint to Jcal’s embrace of paypal mafia crew talking points