When assessing startups, Jason Calacanis looks beyond a pitch deck's content and instead spots weaknesses and red flags in the team's bios. He also emphasizes the importance of energy management over time management and experimenting with easier termination clauses.
The podcast explores the role of love, family, and friendship in building a startup and creating something new. The host also discusses how we should be supporting each other during times of crisis instead of attacking one another.
The speaker talks about how he was defrauded by a supposed acquisition offer from an established business, and how he eventually uncovered the truth.
The speaker argues that startups should hire a diverse group of people and take multiple shots on goal simultaneously to increase their chances of success. This approach allows for the possibility of a single successful startup being worth billions of dollars.
Co-founder of Circle discusses their impressive journey from 10K ARR to over a million using just word of mouth marketing and recommendations from satisfied customers, all while envisioning the success of future products.
The decision to hire a product manager for your startup depends on the team's size and the founder's role. Non-technical founders should focus on assessing customers' needs and writing specs, while technical founders may benefit from delegating product management to a specialized role.
The speaker shares how they came up with the idea of creating an open program that teaches and connects people to start a business, regardless of their background. They also discuss the challenge of finding great people and their personal experience of spending a summer in the hospital.
The transition from working at a fast-paced startup to the slower real world can be difficult due to the stark difference in energy levels and pace of life.