Wave of tech layoffs, Robinhood earnings, what makes a great CEO & more | E1603
This Week in Startups - A podcast by Jason Calacanis
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First, J+M discuss the recent wave of layoffs at Stripe, Opendoor, Lyft, and others. (1:54) Then, they dive deep into Robinhood's impressive Q3 (21:51), and what other companies can learn from RH's shrinking losses. Then, Producer Rachel joins to break down monetizable mood boards! (52:36) (0:00) J+M tee up today's segments! (1:54) Significant layoffs all over tech in the last few days: Stripe, Opendoor, Lyft, Dapper Labs, Chime, and more; Meta and Google's massive opportunity for profitability and share buybacks (9:42) MicroAcquire - Sell your business with no fees at https://try.microacquire.com/twist (11:11) Macro outlook, spending discipline in private and public sectors, Stripe vs Adyen (20:40) Babbel - Save up to 55% off your language learning subscription at https://babbel.com/twist (21:51) Robinhood Q3 earnings: diversifying revenue, subscription vs advertising (36:14) Revelo - Get 20% off the first 3 months by mentioning TWIST at https://revelo.io/twist (37:42) Key takeaway: Diversifying revenue at scale makes businesses anti-fragile; investing in battle-hardened CEOs (41:58) Robinhood earnings: MAUs down significantly from peak, net loss shrinks 87% y/y (52:36) Producer Rachel joins to discuss monetizable mood boards FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood FOLLOW Rachel: https://twitter.com/_rachelbraun Subscribe to our YouTube to watch all full episodes: https://www.youtube.com/channel/UCkkhmBWfS7pILYIk0izkc3A?sub_confirmation=1