This Week in Startups
Jason Calacanis covers startups, tech, markets, media, and all the hottest topics in business and technology. He also interviews the world’s greatest founders, operators, investors, and innovators.
Kevin O'Connor on backing visionaries, the future of VC, internet history and more | E1861
ScOp’s Kevin O’Connor joins Jason (1:39), exploring the early days of the internet, its initial promise, rapid growth, and the recent pivotal changes brought on by AI (1:39). They also discuss tactics for building in a declining market, the emergence of “death-icorns” (19:30), what he looks for in founders (39:18), and much more!
Key Points
- Determining whether a founder is delusional or visionary is critical, with the willingness to bet on those who are "delusional" because their success can redefine them as visionaries.
- The valuation of startups should be grounded in practical metrics like growth rate and retention rather than inflated figures, and excessive funding can lead to bad business practices and a lack of return for investors.
- AI's impact on industries will be profound, with expectations that within five years, AI will have created a number one hit song, and industries like Hollywood will be significantly affected due to the finite number of storylines and the potential for personalized content creation.
Partners
Chapters
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| 1:39 | |
| 4:45 | |
| 10:03 | |
| 11:14 | |
| 14:00 | |
| 18:22 | |
| 20:16 | |
| 29:53 | |
| 31:12 | |
| 37:47 | |
| 41:30 | |
| 47:50 |
Transcript
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