Startup Tuneup: 8 founders pitch for Jason's candid feedback in healthcare, sports SaaS, marketing, (co)workspace, voter/candidate match, home repair, interactive mirror @ Founder.University
E785: News Roundtable, Top Tech 2017! Ryan Hoover of Product Hunt & Adam Ludwin of Chain take on net neutrality & fallout, crypto craze & FOMO, hottest products & predictions for biggest stories of 2018
Today, entrepreneur Andrew Mason (Groupon, Detour) is in the studio with Jason to demo Descript, his audio editing & transcription tool for podcasters. A simple and seamless tool that aims to revolutionize content & catapult the booming podcast industry into the stratosphere, Descript launches today with a $5m raise from Andreessen Horowitz.
Fish consumption is on the rise, but the earth's exploitable fish supply is dwindling. And becoming more polluted. And expensive. Finless Foods is looking to solve this scarcity with biotechnology. CEO Mike Selden explains his clean fish, an affordable, healthy, sustainable seafood he's growing with cutting-edge cell culture tech. And Jason tastes it!
Filmed at LAUNCH SCALE 2017: Matrix Partners' David Skok breaks down how to get inside your buyer's head to increase funnel conversion rates; Maren Kate Donovan's lessons from building Zirtual to $11m/yr & losing it overnight. David's deck: http://www.launchscale.net/david-skok Maren's deck: http://www.launchscale.net/maren-kate-donovan
Filmed at LAUNCH Scale 2017: Greylock's Josh Elman (prev. FB, Twitter) breaks down the only metric that matters for hyper-growth; Talla's Rob May (prev. Backupify) presents his step-by-step guide for whether blockchain/ICO is right for your startup. Josh deck: https://news.greylock.com/the-only-metric-that-matters-now-with-fancy-slides-232474cf414c Rob deck: http://www.launchscale.net/robmay
Today: two startups making a difference in the world. First, AID:Tech uses blockchain to prevent donation fraud by issuing digital identities to the undocumented -- thus combatting the 4.4 trillion dollars lost each year because of fraud corruption and lack of transparency. Jason talks to co-founder Naill Dennehy. Second, RoboKind robots teach social & emotional skills to children with autism. This technology is very effective, as these children have trouble with traditional therapy; the robots' curriculum engage them 87% of the time, compared to 3% with therapists using the same curriculum. Co-founder Richard Margolin joins remotely with the robots to demo.
At LAUNCH SCALE 2017, Jason sits down with two leaders defining the future of investment. Chamath Palihapitiya, who grew Facebook and went on to found VC powerhouse Social Capital, sets us straight on the state of venture capital and markets today, and what we need to do to win. It’s a turbulent time to say the least; investors need to help founders hunker down and restructure how they’re spending money and get their business models working for escape velocity. (Hint: this does not include the use of ICOs, for which Chamath has many choice words….) Next is David Eun, President of Samsung NEXT who talks to Jason about his formidable work at AOL and Google, which led to him to Samsung and helping founders and startups. David nurtures innovation by meeting entrepreneurs wherever they are, a strategy that’s paying off with 23 (and counting) acquisitions in transformative software, including Smart Things leader in smart home. Exciting days.
Billions of dollars are gushing into ICOs (Initial Coin Offerings). But with every dollar emerges more questions about what purchasers are actually getting. And as reality sets in, the law suits begin. (Tezos, on this program for after raising their record $232m, was just sued by CA Superior Court for violating securities laws & defrauding participants.) Today's guest, Andy Bromberg, is trying is steer this runaway train with a new financial services platform, CoinList, a kind of one-stop shop for compliance, anti-money laundering, vetting, investor accreditation & more. A collaboration of AngelList & Protocol Labs, CoinList ran Filecoin's massive $205m+ ICO and is now an independent management platform for all ICOs. Andy and Jason talk about the risks and rewards of this explosive token market, the problem of bad actors, bitcoin v. ethereum, proceeding boldly but cautiously, and much more.
In today's emergency bonus episode of TWiST, the topic is Facebook, Google, and Twitter testifying to Congress about Russia's interference in the U.S. 2016 presidential election. The two-day testimony saw no shortage of shocking revelations, most notably that more than 150 million people saw Russian-bought propaganda or divisive ads on Facebook alone -- which is more people than voted in the election itself. Lon Harris and Austin Smith from Inside.com join Jason to dissect the congressional proceedings, why & how the interference occurred, and future ramifications for the tech giants and society.
Cryptocurrency & ICOs are the definitive talk of tech today. Two of the field’s greatest innovators, Brock Pierce (Blockchain Capital & Block.one) & Vinny Lingham (Civic) joined Jason at LAUNCH SCALE 2017 to discuss how we arrived at arguably the most disruptive moment since the internet began, how this new decentralized web & tokens actually work, and where we are headed. Bubbles, altcoins, predictions, bitcoin classic v. cash v. gold, the democratization of capital, the disappearance of VC, why Vinny turned to ICOs to raise $33m, how Brock’s EOS, at over $600m and rapidly climbing, is smashing every crypto record to date -- and much more.
Pure hustle, tireless fighting, and (sometimes) unadulterated dumb luck are just a few of the reasons why this star investor panel has succeeded when others have failed. Filmed at LAUNCH SCALE 2017, Ben Narasin (NEA), Arlan Hamilton (Backstage Capital) & Zach Coelius (Angel, Syndicate Lead) share what motivates them to make bets, the specific qualities in founders they come back to again and again, lessons from 80+ investments w/50% Series A conversations & 3 unicorns (Ben), from selling candy to building a portfolio of 55+ startups (Arlan), to hitting a $1b exits in just 2 years as an angel (Zach), and market outlook for 2017 and beyond.
First up at Stockholm Tech Fest 2017 hosted by Tyler Crowley, Jason talks to David Helgason, founder of Unity, the leading creation game engine in the world. Then Jason and Tyler head over to the Future of Investing and talk with BackingMinds, Norrsken & Wellstreet about the fundraising scene in Europe and hear pitches from their favorite startups.