Negative Venture Returns, GM Kneecaps Cruise, and Finix joins the TWiST500 | E2059
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Todays show:
Alex Wilhelm joins Jason to discuss the reporting that Tiger Global's 2021-era fund is not only posting poor results, it's lagging peers from the same timeframe. Then, the pair also interview Suvir Wadhwa, founder and CEO of Flite, a former Launch accelerator company, and dug into the Cruise-GM news along with a peek at the next head of the FTC.
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Timestamps:
(0:00) Jason and Alex kick off the show
(2:19) Tiger Global's investment strategy and performance
(5:49) Challenges of quick capital deployment and market timing
(10:13) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist
(11:15) Impact of losing key investors or advisors on startups
(12:24) Public market trends affecting private investments
(16:09) Market downturns' effects on startups and investors
(20:05) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist
(21:16) Political influences on market and technology sectors
(29:32) CLA - Get started with CLA's CPAs, consultants, and wealth advisors now at https://claconnect.com/tech
(31:10) Trump administration's business policies and immigration
(38:20) Changes in the FTC leadership and impacts on startups
(41:40) Finix's addition to the TWiST500
(44:53) GM's scale-back on Cruise and future implications
(51:25) Self-driving technology's impact on car ownership
(52:39) Flite's Suvir Wadhwa joins the show
(54:18) Flite's business model, AI benefits, and market reach
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Check out the TWIST500: https://www.twist500.com
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Mentioned on the show:
Check out Flite: https://www.flite.city/
Check out the TWiST500: https://www.twist500.com/
Check out Tiger Global: https://www.tigerglobal.com/
Check out E1207: How Tiger Global is outpacing VC with fast, cheap capital ft. Founders Fund’s Everett Randle: https://www.youtube.com/watch?v=koDKxjHe_Kk
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Follow Suvir:
X: https://x.com/suvirwadhwa
LinkedIn: https://www.linkedin.com/in/suvirwadhwa/
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Follow Alex:
X: https://x.com/alex
LinkedIn: https://www.linkedin.com/in/alexwilhelm
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Follow Jason:
X: https://twitter.com/Jason
LinkedIn: https://www.linkedin.com/in/jasoncalacanis
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Thank you to our partners:
(10:13) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist
(20:05) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist
(29:32) CLA - Get started with CLA's CPAs, consultants, and wealth advisors now at https://claconnect.com/tech
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Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland
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