Tech Earnings Breakdown: $UBER, $LYFT, $KIND with TechCrunch's Alex Wilhelm | E1845
Podcast:This Week in Startups Published On: Sat Nov 11 2023 Description: This Week in Startups is brought to you by… NetSuite. Once your business gets to a certain size the cracks start to emerge. Things you used to do in a day take a week. You deserve a customized solution - and that's NetSuite. Learn more when you download NetSuite’s popular KPI Checklist - absolutely free, at NetSuite.com/twist Miro. Working remotely doesn’t mean you need to feel disconnected from your team. Miro is an online whiteboard that brings teams together - anytime, anywhere. Go to https://miro.com/startups to sign up for a FREE account with unlimited team members. Arising Ventures is a holding company that acquires tech startups facing setbacks. Arising Ventures knows what founders care about because they aren’t bankers, they are tech founders themselves! Go to http://arisingventures.com/TWIST * Today’s show: TechCrunch's Alex Wilhelm joins Jason to break down the latest earnings reports from Uber (4:04), Lyft (24:28), and Nextdoor (44:15). Then, the two dive into WeWork's failed business model (1:01:44), the viability of various careers as AI advances (38:33), and much more! * Time stamps: (0:00) Tech Crunch’s Alex Wilhelm joins Jason (4:04) Uber’s earning report (7:04) Pirate cut-throat mentality analogy and the money-ball system (10:11) NetSuite - Download your free KPI Checklist at http://www.netsuite.com/twist (11:12) Did the press get Uber’s Earnings report right? (17:39) Uber and the J-Curve (20:29) Miro - Sign up for a free account at https://www.miro.com/startups (22:17) Uber, China, and DiDi (23:14) ZIRP environment playbook to own a market (24:28) Lyft gets a participation trophy (25:22) Comparing Lyft to Uber’s Revenue (Quarterly) (27:53) Labor availability (31:05) Arising Ventures - head to http://www.arisingventures.com/TWIST to learn more and connect with the team (32:15) Immigration policy and a record-low unemployment (37:37) The underground economy (38:33) AI effects on unemployment (39:12) Let’s build new cities! (44:15) NextDoor earnings (55:34) A case for hiring remotely (59:13) Combining remote work with the power of AI (1:01:44) Clip from TWiST E969 with Alex about WeWork (1:04:22) Earnings “supplements” (1:07:35) When Alex discovered business as a youth (1:14:18) A South Park clip! * Check out TWiST E969: https://www.youtube.com/watch?v=aM1DDVq3_vs Follow Alex: https://twitter.com/alex * Read LAUNCH Fund 4 Deal Memo: https://www.launch.co/four Apply for Funding: https://www.launch.co/apply Buy ANGEL: https://www.angelthebook.com Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow Jason: Twitter: https://twitter.com/jason Instagram: https://www.instagram.com/jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Follow TWiST: Substack: https://twistartups.substack.com Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin