{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"How Many Startups Will Survive OpenAI? | E2288","description":"This Week In Startups is made possible by:Pilot -\u2060 https:\/\/Pilot.com\/TWIST\u2060Grasshopper Bank -\u2060 https:\/\/Grasshopper.bank\/TWIST\u2060Quo -\u2060 https:\/\/Quo.com\/TWiST\u2060Plaud - \u2060https:\/\/Plaud.ai\/twist\u2060Anthropic just declared every unauthorized secondary sale of its stock &quot;void&quot; \u2014 naming Hiive, Forge, Sydecar, Upmarket, and others in a public hit list. Jason and Alex sit down with Jenny Fielding (Everywhere Ventures), Dave McClure (Practical VC), and Sam Lessin (Slow Ventures) to unpack what the AI lab\u2019s move to limit secondary trades means for SPV operators, brokers, and the founders trying to keep control of their cap tables. Plus: a real story of a founder who returned a $15M Series A six months after closing because Claude was going to eat his startup, SaaS moats, and just what does it mean to be rich?Timestamps:0:00 Guest introductions0:48 Anthropic voids unauthorized SPV trades8:41 Accredited investor reform &amp;amp; the SEC sophisticated investor test8:58 Quo (formerly OpenPhone) - Quo gives you a clean, modern way to handle every customer call, text, and thread all in one place. Try it free at https:\/\/quo.com\/TWiST11:43 Naval's USVC closed-end fund as a workaround16:41 Plaud: If your work depends on conversations \u2014 interviews, meetings, calls \u2014 you need a Plaud NotePin. You can check it out at https:\/\/Plaud.ai\/twist and use code TWIST for 10% off!17:48 Pro-rata rights battles: when Series A investors push seed investors out19:36 Grasshopper Bank: Time is money. Don't waste either. Go to https:\/\/grasshopper.bank\/twist and get an exclusive $500 cash bonus just for opening an account.29:13 Pilot: Focus on your product, let Pilot handle your bookkeeping. Pilot provides the most reliable accounting, CFO, and tax services for startups and small businesses. Head to https:\/\/pilot.com\/twist and get $1,200 off your first year.30:23 Storing wealth in stories vs. cash flows34:19 Cerebras and Fervo Energy IPOs \u2014 meaningful liquidity?37:54 Will SpaceX, Anthropic, OpenAI IPOs redistribute capital or compound it?45:58 The $15M Series A founder who returned the money because of Claude50:01 Should founders pivot or return capital when the world changes?56:43 OpenAI's $6.6B tender and Shruti Gandhi's viral SF cost-of-living tweet1:00:25 Intercom rebrands to Fin: the AI-first late-stage pivotSubscribe to the TWiST500 newsletter:\u2060 https:\/\/ticker.thisweekinstartups.com\u2060Check out the TWIST500:\u2060 https:\/\/www.twist500.com\u2060Subscribe to This Week in Startups on Apple:\u2060 https:\/\/rb.gy\/v19fcp\u2060Follow Lon:X:\u2060 https:\/\/x.com\/lons\u2060Follow Alex:X:\u2060 https:\/\/x.com\/alex\u2060LinkedIn:\u2060 \u2060https:\/\/www.linkedin.com\/in\/alexwilhelm\u2060Follow Jason:X:\u2060 https:\/\/twitter.com\/Jason\u2060LinkedIn:\u2060 https:\/\/www.linkedin.com\/in\/jasoncalacanis\u2060Check out all our partner offers:\u2060 https:\/\/partners.launch.co\/\u2060Great TWIST interviews:\u2060 Will Guidara,\u2060\u2060 Eoghan McCabe\u2060,\u2060 Steve Huffman\u2060,\u2060 Brian Chesky\u2060,\u2060 Bob Moesta,\u2060\u2060 Aaron Levie\u2060,\u2060 Sophia Amoruso\u2060,\u2060 Reid Hoffman\u2060,\u2060 Frank Slootman\u2060,\u2060 Billy McFarland\u2060Check out Jason\u2019s suite of newsletters:\u2060 https:\/\/substack.com\/@calacanis\u2060Follow TWiST:Twitter:\u2060 https:\/\/twitter.com\/TWiStartups\u2060YouTube:\u2060 https:\/\/www.youtube.com\/thisweekin\u2060Instagram:\u2060 https:\/\/www.instagram.com\/thisweekinstartups\u2060TikTok:\u2060 https:\/\/www.tiktok.com\/@thisweekinstartups\u2060Substack:\u2060 https:\/\/twistartups.substack.com\u2060 ","author_name":"This Week in Startups","author_url":"https:\/\/thisweekinstartups.com","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/41997950\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/203884330"}