Episode 1953

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

May 21, 20241:13:01Watch on YouTube

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 http://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 http://www.linkedin.com/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 https://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: https://www.businessinsider.com/sam-altman-openai-nda-clause-vested-equity-ilya-sutskever-2024-5

OpenAI revenue growth https://techcrunch.com/2024/05/20/chatgpts-mobile-app-revenue-saw-biggest-spike-yet-following-gpt-4o-launch/

Founder salary report: https://pilot.com/founder-salary-report-2024

CyberArk-Venafi deal: https://techcrunch.com/2024/05/20/cyberark-snaps-up-venafi-for-1-54b-to-ramp-up-in-machine-to-machine-security/

Crypto VC rising: https://www.reuters.com/technology/venture-capital-funding-crypto-rises-24-bln-pitchbook-says-2024-05-20/

Check out Farcaster: https://www.farcaster.xyz/

Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp

Check out COMPANY: https://www.company.com

Follow Alex:

X: https://x.com/alex

LinkedIn: https://www.linkedin.com/in/alexwilhelm/

Follow Jason:

X: https://twitter.com/Jason

LinkedIn: https://www.linkedin.com/in/jasoncalacanis

Thanks to our partners:

(10:38) Vanta - Get $1000 off your SOC 2 at http://www.vanta.com/twist

(20:04) LinkedIn Ads - Get a $100 LinkedIn ad credit at http://www.linkedin.com/thisweekinstartups

(28:48) Equinix - Join the Equinix Startup Program for up to $100K in credits and much more at https://deploy.equinix.com/startups

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Listen here:

Apple: https://podcasts.apple.com/us/podcast/this-week-in-startups-audio/id315114957

Spotify: https://open.spotify.com/show/6ULQ0ewYf5zmsDgBchlkr9

Overcast: https://overcast.fm/itunes315114957/this-week-in-startups-audio