E248: News Panel with David Travers and David Carter on This Week in Startups



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On This Week in Startups, new panel guests David Travers of Rustic Canyon Partners and David Carter of Amplify LA joined us to discuss the tech news of the week–Instagram’s acquisition by Facebook. After the team finished with that topic, they moved on to the Google+ navigation revamp, Yammer’s buy of OneDrum and Apple’s record-breaking market cap. Oh, and a very special guest from the Web 1.0 days dropped by…

1:45-2:00 Welcome everyone, to the This Week in Startups News Panel!
2:00-2:30 Welcome to David Travers of Rustic Canyon Partners and David Carter of the Amplify LA accelerator.
2:30-4:00 David C., tell us about Amplify LA.
4:00-4:45 So David T., what were you doing before you were a VC?
4:45-6:15 Everyone, there’s an amazing opportunity for a CEO job at ThisWeekIn. Email jason@thisweekin.com to apply!
6:15-7:15 Speaking of greatness, thank you to GoToMeeting for sponsoring the program. Everyone thank @GoToMeeting for their support!
7:15-9:45 Lead story: Instagram was acquired by Facebook for a massive $1 billion. Was this worth that much?
9:45-11:15 David T.: I think Google and Instagram had the advantage of having a lower age limit than Facebook.
11:15-12:00 Do you think that Kevin from Instagram played the VCs?
12:00-12:45 David C.: At the end of the day, you have to trust the entrepreneur.
12:45-14:45 Tyler: Why would making $100M in a weekend be a bad thing for a VC?
14:45-15:00 Jason: Between Y Combinator valuations and this purchase, we’re definitely in a bubble.
15:00-18:45 Google+ got a revamped navigation and functionality this week. What do you think, is this enough to increase user adoption?
18:45-21:30 Can we all agree that the G+ design is now better than Facebook?
21:30-22:45 Tyler: Facebook also today announced that they’re doing a new version of deals.
22:45-24:45 Thank you to Walker Corporate Law for sponsoring the program. If you need a lawyer, call Scott directly at 310-288-6667.
24:45-28:45 Yammer made its first acquisition this week, buying British startup OneDrum. This seems like they’re heading in the direction of being a Box/Google Docs/Office competitor.
28:45-29:30 David C.: What I like is that you’re getting some of the Dropbox capabilities without having to download the software.
29:30-30:15 Should Dropbox go up to the app stack?
30:15-31:30 Facebook announced this week that they have updated user ability to download past personal data, photos, messages, etc.
31:30-33:00 Welcome to our special guest, the Pets.com sock puppet.
33:00-36:30 Apple has reached a $600B market cap, the largest in the world by a good measure. Is it inevitable that they’ll reach a $1T cap?
36:30-37:30 David T.: If I had to give up Google as a search engine or Facebook as a social network, I would. But I would never give up Apple.
37:30-40:00 How big of a business will Apple TV become?
40:00-41:30 Tyler: One thing Apple doesn’t have are gaming developers.
41:30-44:15 Microsoft announced this week that it is buying a large portion of Netscape from AOL, including its patents. Will this spark the next round of patent lawsuits?
44:15-47:30 Wasn’t this a very savvy move on AOL’s part, to get that much cash?
47:30-50:00 The US government hit Apple and five other large e-book publishers with an antitrust lawsuit, alleging that they conspired to drive up the price of e-books and force Amazon to go above the $9.99 price. Is this daming for Apple? Does it sound like someone on the inside leaked this to the feds?
50:00-53:30 Why, in the Amazon store, do e-books cost the same as print books? Shouldn’t there be a reasonable discount for saving paper?
53:30-56:00 Reuters reported this week that the 14-year-old deal site Travelzoo is readying itself for a sale. What does our special guest think about that?
56:00-57:45 Google disclosed a new stock split this week, creating a new class of stock shares absent of voting rights.
57:45-59:45 David T., is this disturbing to you as an investor?
59:45-1:01:30 If you don’t agree with this, don’t buy the shares.
1:01:30-1:02:45 ComScore is run by a bunch of freaks.
1:02:45-1:04:00 Sony has launched a SmartWatch that connects to your Android phone via Bluetooth. Is anyone buying it?
1:04:00-1:08:00 David C.: Remember how Sony used to be the best? Wasn’t Steve Jobs highly influenced by them?
1:08:00-1:10:00 Why doesn’t Google detect your Android software and give you a choice of operating systems?
1:10:00-1:12:00 What company would you buy if you were Apple, David T.?
1:12:00-1:14:00 David and David, thank you both so much for being on the program. If you have an emerging startup, check out Amplify LA. And Lon, thank you, everyone check out Ranker.com.
1:14:00-1:16:15 Tyler rewinds to share an insight: It’s like a hot female attorney.
1:16:15-1:16:30 Thank you to GoToMeeting and Walker Corporate Law. We’ll see you all next time!

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Jason: @jason
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David C.: @_davidcarter
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