The Biggest Private Funding Round in History | E2256

All right, everybody. It's Twist. It's Friday. It's February 27th in the year of our Lord. AO >> 33. Jason AO33. >> AO33. 33 days after Open Claw appeared on this program. And we're going to keep building replicants. We're going to keep building uh Open Claw agents. Yeah, we're going to we're using like Slackbot 2% of the time. We're going to check out Notion's new one. We're going to keep track on all of these. We're going to rotate those into discussions. We do This Week in Startups on Monday, Wednesday, and Friday. I do All-In on Thursday, but it comes out on Friday. Then we tape This Week in AI on Tuesday and we drop it Wednesday morning. So that's what you're getting from Jal every week. >> Five five podcasts and we're going to bring back two more. >> And we need a producer. We need a producer to work under Law and I >> please >> full-time in Austin. Pays pretty good. And uh you get to have a good time. We need two things. One, you got to be motivated by the topic subject. We need you and this is how I hire now. You you make four quadrants. Lon qualified. >> Important. >> Has the skills. >> Got it. Got it. >> Passion for the subject. >> Yeah. >> What's in the top right quadrant? >> Are you asking me? >> YES. >> WHAT'S IN THE TOP RIGHT QUADRANT? >> SO, uh you know, the most passionate and then the most experienced would be the very top. >> Correct. What's in the bottom left? >> Not experienced at all and you're just looking for a gig. You don't really care about what we're doing. >> Correct. So, that's the easy box to get rid of. >> Right >> now, on the bottom right, what's on the bottom right? Building your mental model here. >> You're very passionate, but you're you may not have the qualifications that we're looking for. You're you're you're a newbie. >> Correct. Now, do the top left. >> You're extremely experienced. You've made tons of podcasts. you know it cold, but you're you prefer movies and TV or some other topic that's not what we're talking about. >> Now, it's easy to pick number one and number four. Number four, you don't want unqualified people who don't care about the topic. Okay, that's number four on the ranking. And then number one's really easy. Hey, you're super passionate and you're qualified. Great. Now, how do you rank two and three, Lon? How do you think about two and three? Would you rather have >> a passionate green person or an experienced person without passion? What do you think? >> I you know I go back and forth on this. When I was new on the scene, when I first started, I would have said experience that I want people who know podcasting cold. They've done it a million times and they can learn about tech. They can figure it out. But but I think I think I've switched. I think today I would say I want someone who lives and breathes startups, AI, tech. They're using all these. >> Why have you switched? And by the way, you're correct. You're correct. >> Thank you. >> Um, so it's one and then the bottom right hand quadrant is number two and the top left is number three. passion because I think you can teach somebody and I have I think that's what changed is the experience of showing a bunch of people how to do this job and how to make a podcast and you can teach that stuff if they're smart and dedicated but especially if they are passionate about the subject and can't wait to learn more. I mean we saw it with Oliver. Oliver came in not knowing anything about podcasting at all really, but >> loved AI, loved startups, couldn't wait to dig in and learn how to use all these tools. And now he's off producing This Week in AI. >> And that is your tactical tip of the day. This is a tactical tip from Jay Kalan. It's a tactical tip. It's a TT. It's a tactical tip for you to think about this weekend and bring to your startup on Mondays because a lot of people get caught up on this and when you have a you need to have a mental model, a framework and uh you know how essential you know is another vector you can do this on. And I was doing the Twitter uh just you know lightly collaborating with Elon and Sax and Antonio on the Twitter takeover. Uh Elon was like okay who's super qualified and then who's essential >> right? >> And that's who we need to keep. And if they're not qualified and they're not essential well obviously that's easy. And if they're not qualified but they're essential okay we got to think about that. And then if they're >> super qualified but not essential okay we got to go through all these quadrants. So, I just drew the four quadrants on the board and it made it really easy to put people into buckets uh and say, "Hey, here's where we're at." So, take this with you. Talk to your co-founder about it. It's a tactical tip from Twist. >> It's a twist. Tactical tip. T3. There you go. And now we can go on to our first story. >> That's a big one. It's the biggest private funding round in history. Some people are calling this Jason. Open AAI has raised 110 billion with a B. They're now valued at $730 billion with a B. Uh Amazon putting in 50 billion. That's 15 billion up front, another 35 when certain conditions are met. We don't yet know what those are. SoftBank, Nvidia going in for 30 billion each. Uh the secondary big news here is that this is a larger scale collaboration between OpenAI and Amazon. OpenAI committing to using Amazon's Tranium Semiconductors at its AWS data centers. They will continue to use NVIDIA chips on some level. We don't know exactly how this is all going to balance out. And they said that this new deal ch does nothing to change the ongoing OpenAI deal with Microsoft. So that's the that's the huge story. I mean uh and then the the interesting thing about this Amazon deal is so they're putting 15 billion up. they're they're holding back on 35 more billion that they are committing in the future. Information says that those conditions are either uh Open AAI goes IPO or they achieve AGI. So that's we're still talking about this like the the deal changes if Open AI reaches AGI. I mean how how far away do we really think that is now? Is this a real >> I've said this before. We've we've achieved AGI in 50% plus of uh skills. Artificial general intelligence basically means you can do any job a human can do better than a human. I think we're at the 50% mark minimum. We might be at 60 or 70. It's just not fully deployed and it's not fully executed on. So sometimes you'll have all the precursors for I don't know sustainable energy. We have that right now. We don't need to burn carbon. uh we we have all the precursors. We are a postcarbon burning society. We have just not chosen to implement it. We could have a thousand nuclear power plants and we could have you know a uh project to just put solar everywhere and we would stop digging oil out of the ground. We have the technology. We have achieved sustainable energy forever in humanity. We have not applied the technology yet because we already have the infrastructure for this oil and we we're just deciding to use that, you know, until such time as um that's too expensive to pull out of the earth. Okay, fine. Fair enough. That's where we are with AGI. All the precursors are there. If you sit there lawn and you spend I don't know 5 hours with your replicant, I don't know. Do you have a replicant yet? Have you >> I don't I don't have my I do not have my own I know the name. Uh, I'm going to call mine gaff after that's the Edward Jos character from Bladeunner, but he's he does not exist yet. >> What uh what what does he say at the end when he >> It's too bad she won't live, but then again, >> it's too bad she won't live. >> But then again, >> who does? >> Who does who does? Shout out to Edward James. Is that who it is? >> Yes, the great Edward James plays Gaff. >> Incredible. >> You had posted a tweet uh asking for a J curve based on LLM. >> I don't think anybody did it. Did anybody do it? >> Kabir did it for you. Kabir from launch has your J curve ready. Let's bring up the next one. >> It's not exactly a J curve, but bar curve. >> No, that's the Uber one. Open open AI Jcurve. There we are. >> Still not a J curve, but okay. Um, so a J curve is when you just amount invested. Go find the um J curve for Tesla and go find the J curve for Uber. And what it is is how much money you've invested. >> Oh, I see. >> And you just keep adding that up. You keep adding it up and then you have your profit. >> There you go. >> Not your revenue, your profit. And then it starts going tick tick tick tick tick tick tick up. As an example, the free cash flow from Uber in 2025 was 10 billion. It'll be 13 billion in this year. >> This is Uber's long road to profitability. What you see there is just how much money was lost to build uh I don't know they're at like a quarter uh there are 250 million rides a day globally in 10,000 cities like to build that kind of footprint required buying companies building infrastructure the team spend spend spend and they also spent money law on subsidizing rides >> to build out the driver network and build out the habit >> and So they went 30 billion in the hole. This chart is like ending in 24 when they had like couple of billion dollars in profit. So they went from like 32 to 30. We need to take this chart and put 10 billion which would make it skyrocket up and then put another 13 billion for 25 and 26. And what you'd see is uh 10 and 13 it's 23 billion. You would go from -30 billion all the way up below that 5 billion line. it would shoot up like a rocket. >> That is the high art. So, if we were to do this properly for and I'll I'll just have somebody else do it. Um, get me somebody uh one of the fans of the show build a J curve. There's been $250 billion. If we had a straight line down since Chad CPT came out, there was less than a billion dollars invested in the space and then you you get to about 250 billion invested including this 110 billion loan. Let's assume another 250 billion gets invested. 500 billion straight down. So this chart of Uber goes down 30 billion. And pull up the Tesla one as well, which you'll find very easily just by typing Tesla JCurve chart in Google. Uh sorry to make this so complicated for my team. Uh we've got a brand new partner here at Twist. And as fate would have it, we love and use their product. 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That's why more than 37,000 startups and fastmoving companies are already using Deal to accelerate their hiring and growth. Find out more by visiting dal.com/twist. That's del.com/twist. Also, I happened to be a shareholder in the company. I got very lucky. They acquired one of my startups and I am stoked. It's an amazing company. Tesla JCurve is unbelievable. The amount of money invested in that was wild. Why they had to build factories, they had to do all this stuff. Maybe you'll find it easier on um on Twitter because people talk about it a lot there. 500 billion invested is the equivalent of I don't know what is that 12 times. So here it is. This is amazing. So >> this is free cash flow in the history of pure EV makers. And what you see is all the losses and you see that red spike going up. >> Yes. >> That's the magic. You struck oil. >> What did they have to do to get there? How many billions were they in the hole at the peak? Tesla 10 billion negative. And then you go up and they start making money and all of a sudden turn to profit in year 11 and they've you know in the five years >> in year 171 18 of Tesla. I see. >> Correct. So now you have to do that for language models. For language models they go 500 billion into debt. That's a big hole collectively. Anthropic XAI >> lot of chips. >> Mistral Anthropic everybody. And then also the data center companies I would include in there because they're directly, you know, um, associated with this effort, >> right? >> You put all that together, you build a $500 billion hole. Let's say in 2030 they throw off $10 billion collectively in profits. In other words, they throw off what Uber makes in year 14 or what Tesla makes in year 16. Then as a group, then let's say it grows 50% a year. So you go 10, 15, 22.5. You get the idea. Boom, boom, boom, boom. You're talking about a 10year, maybe a six-year run to just get out of the J curve. That's my estimate. >> A few months ago, people were really asking like, are there going to be customers for like is there going to be enough people who want to use AI to make the curve go up so so sharply like there were for Tesla? Uh, and I think that there were a lot of reasons to be skeptical even a few months ago. Now, with agents really doing all this stuff and so much evidence every day of what people are accomplishing, I think it's harder to be skeptical. It was easier a few months ago. >> All right, there it is, folks. Congratulations to the team at OpenAI. Uh, they're making 20 billion. >> They're doing all right. And and I would say >> worth 7 800 billion or maybe eight maybe 800 billion post money. Add the cash to the thing. >> So they're 40 times topline revenue. It's absurd. But if they keep growing 50% a year, you know, >> if 100% a year, >> if Codeex is driving everyone's AI agent, then yeah, there is chaos going on right now on the streets of Miami Beach. I don't know if you've heard about this. The crypto world is in absolute chaos. And we sent our roing we sent our roing correspondent Nick O'Neal down to survey the damage. I feel like we should check in with him right now. Live show >> humanity. Nick joining us from IB Beach. What's going on down there, Nick? >> Chaos and confusion RIGHT NOW. I WAS JUST DOWN THERE SPEAKING WITH PEOPLE ON THE streets of MIAMI TO SAY, "WHAT IS GOING ON HERE? MY CRYPTO PORTFOLIO IS DOWN AWFULLY. They are completely panicking and they're saying that they're going to lose THEIR JOBS WITH ALL THE MONEY GOING TO A PLACE LIKE OPEN AI. I'VE NEVER FELT MORE DEPRESSION." AND THEY SAID, "NICK, YOU'RE A VOICE OF STABILITY AND REASON." AND I SAID, "YES, I AM. NICK, it's imperative in an emergency situation that like this that broadcasters like ourselves maintain our cool. Please take a moment to compose yourself. As hard as it is looking down at Miami, explain the carnage bec and we have children watching. For parents, I'm going to ask you to please take children away from the screen. This is unedited. This is unfiltered. This is what's happening right now in Miami. >> I WENT DOWN AND I WAS SPEAKING TO THE PEOPLE AT the pool. THEY WERE RIPPING THEIR BE THEIR EVER ALL THEIR STUFF. THEY SAID, "WE GOT TO GET OUT OF HERE. THIS OPEN AI FUNDING SITUATION HAS BLOWN OUR MINDS. WE'RE GOING TO BE UNEMPLOYED AND I CAN'T EVEN PAY FOR MY DAMN RENT ANYMORE. THIS IS A DISASTER. I I I've I've tried to have reasonable conversations, but I couldn't find a single person out there that could give me any sort of regular insight." Yeah. They basically said, "I I need someone to take care of all my stuff. I don't want you to turn the camera too far because this could get graphic, but I understand the block team, formerly Square, they were having their quarterly retreat in Miami. >> Oh god. >> They in Miami and half of them >> there's a there's 400 people down there in the streets who have been given 18 month severance, fully vested, >> uh, and they have four job offers. Please explain what's happening with those 400 PEOPLE. I SAW A LITERAL PARADE of people being marched out of the office down in Bickl from my balcony here and it people were literally Miami was not even ready for the moment that occurred right there. I saw them and they were like, "What's going on here?" They were all carrying brown boxes out the doors down the streets and they were like, "Is this the end?" I I went down to get on the uh scene just to see what people were saying. They could not believe it. Uh there were tears. There were people that thought that they were going to potentially lose relationships because let's be honest, down here in Miami, everyone's focused on can you afford the most expensive car around and the best clothes. Well, the block employees are no longer a reliable source for making those purchases. Jason, >> it's it's really tragic. Uh I can't imagine what's having happen happening at Club 11. I mean, the trickle down effects. It's a FEMA camp now, Jason. It's a FEMA. They FEMA has set up at Club 11. That's it. They're they're taking refugees at this point. Pituard 11. >> I heard Pitbull is down there volunteering. He's a great guy. Very helpful. >> Yeah, >> man. The brutality here. There's unconfirmed reports. Nick, I know that you've got sources and we don't want to spread misinformation. However, there were boats landing from Cuba with refugees obviously and Haiti. Is it true that the block employees were taking the return trip to go to Cuba to get healthcare and for better job opportunities in Miami? I don't look I I don't want to spread misinformation, Jason, but I did go and take a look at the port just to see what was going on because when these sorts of layoffs occur, you're well aware, you know this from your past years in journalism covering the tech scene, the first place that you want to go are the ports to see where are they going, where are they departing to. Well, I did see only I did see a few people, BUT I DON'T WANT TO SPREAD rumors just yet about something like that. But I did see some people carrying their bags, carrying the brown boxes, getting onto the boats, and that felt quite extreme if I'm going to be honest cuz like give maybe give it a few months with your severance, but I don't know. >> Okay. Yeah. I mean, this is live unconfirmed clickbait. I did I I did see pictures I don't know if they're AI based Nick on social media on Tik Tok of people with their Arion chairs um and their Mac Studios getting on those those boats to um >> those boats to Cuba >> asking a tragic >> situation asking their agent in real time for recommendations in Havana that's on the on the boats >> I heard openclaw is literally steering some of those boats is yes >> that so literally the people who were shuttling the refu refugees, which is not a great paying job. This pays $7 an hour. They've lost their jobs as well. >> Yeah. >> Get rid of them. >> Tragic. >> They now have their agents. >> Well, they they they're looking ahead. They were like, "In five years, we won't need these boats anymore, so we might as well. If I rip off the band-aid now, that >> All right, Nick. Um, I'm just going to say um tremendous job here. Please, on behalf of the Twist community, uh, and obviously I I'm I'm responsible for you and your, uh, family. I know that you've got 14 kids now and three wives. >> I I know he's g he's geographically monogous. Uh it's Miami. >> Yeah. >> Uh it's uh Palm Beach and it's Fort Lauderdale. He is geographically monogamous in the state of Florida >> within within different parts of Florida. Within different parts of South Florida. Understood. Okay. >> Like Alex Carlin. >> Thank you for your support. Thank you. >> Please Nick, be safe. Be safe. >> You've heard me talk many times about Luma AI. They're the innovators leading the charge toward multimodal AGI. They just picked up $9 million in their series C funding in November. There are so many texttovideo models and platforms out there, and many of them can turn out a nice looking clip. But Lumis Dream Machine product offers something truly unique. It's an all-in-one creative platform helping you to brainstorm your ideas, turn them into images, and then generating eyepopping detailed 1080p videos which you can edit and tweak using natural language, all without switching platforms. And that's the key, the ability to refine these and make them better. That is what the future is. The future is being able to improve your AI generated images. And today, we're excited to announce the Luma Dream Brief competition. Just create a commercial for a fictional product on Luma, submit it to the Can Festival of Creativity, and if your ad goes on to win the gold, you will get $1 million. To enter the competition, go to lumadreambrief.com. And to try the dream machine for free, go to lumalabs.ai/twist. That's lumlum alabs.ai/twist. >> It's above my pay grade. >> Yeah, I'm Thank god he's down there because I would not be going down there right now. >> What's his Twitter? Stop being choosing correspondent Nick O'Neal. >> But that's a good segue into our next story. >> Is it? Oh, Block, the layoffs, layoffs at Block. We'll talk about that one. So, Block, you heard us mention Block, the parent company of Square, Cash App, and Afterpay, of course, uh co-founder and chairman Jack Dorsey of Twitter fame, uh they announced plans to cut their staff by 40%, Jason, that's around 4,000 people, leaving just under 6,000 remaining at the company. In an open letter that he also cross-osted to X, Dorsey pretty much blames AI. Quote, "A significantly smaller team using the tools we're building can do more and do it better. Intelligence tool capabilities are compounding faster every week." He added, "I had two options. Cut gradually over months or years as this shift plays out or be honest about where we are and act on it now." I chose the latter. So, you have been predicting this very thing on this program as well as the All-In program for many months. Is this just the first of what you see as many of these announcements? >> Um, you know, we're in a debate uh primarily Saxon, but other folks um and people have called me names, a dumerist, a catastrophist. >> I I'm always balls and strikes folks. I just look at the information. I look at what I see firsthand. I think from first principles. I talk to people. I come from a journalism background obviously. So when you see me forming an opinion, although Sax and his debate techniques like to make make me into a libtart or use all his advanced debate techniques, it's a hoax and his framing and all stuff. I can tell you straight, you've been watching me long enough. I go research information. >> I learn and uh you know, then I I try to form an opinion. And when people correct me, typically fans of the show and friends often I then change my opinion. Okay. So I have said what I'm seeing on the front lines is founders being able to not hire the first three or four people they would normally hire for their three-person startup. In other words, the three co-founders instead of having to hire three people in the first six months or a year, say the first year they want to get three more people in the building, another developer, another designer and an ops person. Typically, you get some combination of those or maybe even a salesperson. What I find is with these new tools, they do founder-ledd sales for six months or 12 months longer. They handle their own legal, accounting, etc. for the first six months and then they pick, you know, whichever service provider they want, but they can do things on their own. So, that was one piece of information I had in forming this opinion a year or two ago. The second piece of information is I listen to the words that leaders say and I take them at their word or I handicap what they're trying to do. Andy Jasse a year ago in the summer wrote this memo that things were going to change in Amazon and that they saw AI playing a bigger role. Then there was a leaked document from Amazon that said we have like 900,000 jobs, 600,000 jobs. we're not going to hire for in the next decade because we predict they're going to be robots. This is a New York Times story. You can say fake news all you want. The truth is I would say, you know, 50% of the facts in the New York Times are rock solid. Then maybe 30 are debatable and 20 might be wrong. That's not because they're intentionally doing things wrong or whatever. It's just the nature of truth in the world, right? They're they're trying to pursue breaking news stories. So they have 5% of the information inside of Amazon. The other 95% is a black box. So they follow they they got this leak. It was so acute at Amazon that they were preparing a PR campaign to stop the bad PR they were going to get in the coming years from not hiring people and laying people off. To me again I take people at their word. I've been in the startup business for 30 plus years now as an entrepreneur journalist and investor and a podcaster. I I know what people are doing. They're like, "Okay, around the corner, we're going to start replacing drivers and getting rid of factory workers. We get rid of middle managers. There's not going to be as many developers. >> We need to give to toys for tots." And when they put in, "We should do local toys for tots things to make the Amazon bad vibes go down." >> Okay, that's another check. Now, we have to look at Block. Block like Jack's other company, Twitter. Jack is an invest in the future visionary product leader, >> right? >> He goes big. There's very few entrepreneurs who buil have built two two one two billion dollar startups that were public. Steve Jobs uh built Apple and then he built Pixar. I don't think Pixar ever went public. Somebody correct me if I'm wrong. I don't remember seeing it trading. No, >> but then it got bought by Disney. So he built two billion dollar I mean you have to have people build multiple unicorns but there's two unicorns one went public one didn't you have Elon uh and he has Tesla which is public and he soon will have SpaceX so he'll have two that have gone public right it's a very small group >> you know who already has two that went public >> Jack Dorsey >> doesn't get enough credit why because he's quiet he's an introvert I've known Jack >> since you know the earliest days of Twitter I was one of the first users >> yeah I feel like also He culturally culturally tech is like no longer on his side. Like he's seen as like this woke lefty guy. It doesn't really meld with the current philosophy of the tech lefty guy anyway. >> Well, that's the he did overbuild the staff, >> right? Well, that's I was going to say that is a big thing on social media is saying that this is not really about AI. that this is really like during the COVID era Squareblock massively overhired and now they're sort of backing out of that but they don't want they want to save face so they're blaming AI uh at Bama Bonds this guy Will Slaughter had the big tweet about this unwinding less than half of an insane COVID overhiring binge has much more to do with Jack Dorsey's managerial incompetence than whether AI is going to take your job Dorsey then responded yes we overhired during COVID because I incorrectly built two separate company structures Square and Cash App rather than one which we corrected mid2024 but then he continues we have and do run an efficient company better than most >> okay this is a very important followup from Jack and let me just say it's hard being a leader is hard you make mistakes he did this so compassionately and so transparently in his piece he said by the way we're leaving comms open you can say goodbye to everybody we're giving you six months severance and your stock. It's keep your computer. >> You'll receive your salary for 20 weeks plus one week of tenure equity vested through the end of May. 6 months of healthcare. Keep your corporate devices and five grand to put toward whatever you need to help you in this transition. That's very true. >> I offered Lon half Lon today. He said, "Hey, you saw the uh the the block deal. I'll take half of that to get the [ __ ] out of you." >> Was like, "Hey, can I get half that?" That sounds pretty good. >> We could negotiate. We could we could That's even just a start. That's a starting point. >> Start point plus one week for every year you're there. If you're an eight-year employee, you get another eight weeks. You're sitting there, you're sitting pretty at 28 weeks. >> That's a lot of time to figure out your next move. >> It's a lot of time to figure it out. Anyway, >> he did it in the classiest, most transparent way I've ever seen. Full stop. >> Can I just say one thing? >> This is against the HR people's >> standard. They say you you have to turn everybody's accounts on. Correct. People are going to do crazy things. People are going to delete files. People are going to say things in the chat. They're going to hack things. You cannot do it this way. There's even potential workplace violence. I don't want to bring that up, but you know, there's like somebody could go postal. You got to lock the doors. All this kind of stuff. You have to export people out of the building. You want to do it over the weekend so people don't show up on Monday. These are best practices, >> right? >> Yeah. I was just going to say the one thing I I I think it's very generous. I do think he did this in the classiest way possible. I just I would have put caps in the tweet. He he does that all lowercase tweeting style. And when you're firing people, I don't know. It felt a little precious to me. Otherwise, I think he handled this in the best. >> I mean, if we're sitting here saying his punctuation is the issue, that means he did it right. >> We're splitting hairs here. >> Exactly. >> Hey, listen. Sometimes I'm thinking faster than I can write everything down. And I found this amazing tool. I am obsessed with it. It's called Whisper Flow. W I SPR flow. All you have to do is talk. And Whisper Flow turns it into crisp, perfect writing instantly. Not just talking about dictation, but removing filler, fixing punctuation, and even formatting your text while you speak. It is mindblowing how good this is. It makes all the other dictation software look basic. And Whisper Flow matches your natural tone and speaking voice, so the writing sounds like you actually wrote it yourself. And Whisper Flow works wherever you are. I use it when I'm in Slack. I'll use it when I'm in Superhuman doing an email doing a message. I'll jump into iMessage. and even when I'm writing a document or I'll even use it when I'm talking to my openclaw agent. Finally, someone I could talk to who actually takes down everything I say. Unlike maybe the interns I've got, they get like six out of every 10 instructions correct. Whisperflow. Everybody's going crazy about this product in Silicon Valley. Everybody in tech is using it. Whisperflow.aiwist. It's spelled wispr.ai AI/t twist. Incredible product. You have to try it. >> Scott Adams, the Dilbert cartoonist, the author, the podcaster, uh he talked on his show before his uh uh tragic recent death about a desire to live on as an AI powered representation of himself. Now, there's a lot of debate about as he got to the end of his life, whether he changed his mind about this. There's various public statements. We do not need to rehash this whole debate. One fan, John Arrow, actually made Scott's vision happen. He created at AI Scott Adams, and it's a AIdriven simulation of the old podcast featuring an animated avatar that is very convincing, looks a lot and sounds a lot like the real Scott Adams. Uh, Arrow has also created Abigail Adams, a young lady character that's inspired by Scott and his legacy. Uh, so Adams's family and many of his fans very upset. They've made repeated requests now for Arrow to stop publishing his videos. On Thursday, the AI Scott Adams account posted that they intend to legally defend their right to keep making this content. Uh here's the quote. From this project start, we attempted to have an amicable and collaborative conversation, but that wasn't reciprocated. Given that litigation seems certain, we are sending a global hold letter to anyone with relevant information. This is to ensure all pertinent materials are available to protect Scott's stated vision. Uh so I I mean, the last thing I would note here uh for all the debate that this is stirring up, the content itself is not really that popular. 3.4,000 or 3,400 followers on X 137 YouTube subscribers. Abigail is not doing better. So there there does seem to be a disconnect between the interest that this project is generating and the actual fans who want to follow AI Scott Adams. So, so your your reaction to >> I, you know, I I'm started getting DMs from like the Scott Adams stands, like the real hardcore fans um who know me because I was on a show one time debating January 6th and other stuff with him. And um they know me because I would listen to a show once in a while and say hi in the chat because he would mention Allin, you know, probably like a dozen times over the years. He really loved Sachs. He loved Chamoth. I think he liked me even though I might >> You guys had a mutual appreciation going. >> A mutual appreciation. And um so, you know, they're very angry at me for even platforming the creator of it and for me retweeting it or giving my opinion. Hey, >> yeah, >> if you really are in the spirit of Scott Adams, he was for full contact debate. And and listen, and I'm no like close friend of Scott. We never met in person. We were digital friends, etc. We're obviously like micro celebrities, so micro celebrities have a secret chat room. But put that aside. Um, you know, we have a secret society of >> your your handshake. You have a secret. >> Yeah, sure. Everything. Um, he was a self-described narcissist. He was like, I love getting attention. I love when people say hi to me at coffee. I love that people were inspired by what I said. He would have, in my estimation, it's just one person's opinion. Don't freak out. He would have loved AI Scott Adams. He would have loved this debate. He did say he wanted to those two things can be true at the same time. He did say he wanted people to create AI Scott Adams. And he did say that maybe I want to create a digital sun so that people close to me don't get hurt by seeing me online every day. Okay. So, there's morals. There's there's morals and ethics. And then there's the law, >> right? >> Uh here's what I'll say. This isn't like a new issue. Uh you can't use people's uh especially famous people's likenesses for profit or even for nonprofit use um you know in this kind of way. So legally they lose. >> I think so. >> You could make a derivative product that you say hey I've made this Abigail she's inspired by the teachings of Scott Adams. >> Right. >> Totally allowed. If somebody wanted to say, "I am a JCAL disciple. I'm a Chimath disciple. I'm a Steve Jobs disciple. And I'm going to wear a Steve Jobs outfit every day like Elizabeth Holmes did." >> Right. >> And for a period of time, she was super inspired by >> Yeah. She with the turtleneck with the turtleneck and the voice and the drama and everything. Uh, shout out Elizabeth. Come on the pot anytime. >> Once once you're out of Once you're out of prison. >> No, I want to do it when she's in. Long story short. Yeah, long story short, you could do that. >> Do your Steve Jobs impersonation every day. It's protected. >> You know, so you you now you go to the moral ethical thing. As I told the person doing this, talk to the family, get permission to do it or do the derivative. Clearly not the same product, but inspired by the teachings. So here we are. That's what's going to happen. Um, and the argument that technologists will use is this is inevitable. It's going to happen. yada yada. You know what? It's inevitable that piracy happens, but that doesn't mean that you can go sell Taylor Swift CDs on Canal Street. And we've proven that with Napster. You get a lawsuit. You can't, you know, reream MSG and NYX games without getting in trouble. Do the Russians do it on their Russian streaming sites? Yes. Do the Chinese sell DVDs on every quarter? Yes. Okay. Those are other countries who are not obeying law. You don't get to use that either. >> Yeah. >> Thank you for coming to my TED talk. >> It's just weird that it's like he's he he's taking a principled stand here. Like I'm going to take this to court to protect all of our right to make an AI avatar of someone after they're dead. And like I I find that whole thing kind of like creep. Like even if I say out loud on a show once, hey, I wouldn't mind somebody doing this. I I don't really feel like that should give you a legally binding right. That seems a little far to me. That That's just as far as I go. Uh should we do some should we do some demos, >> please? >> All right. Our first demo. Let's bring on Everest Chris. He's the creator of Unloopa, Jason. Unloopa. It allows I thought this was really neat. It allows anyone to create an AI generated website for a local business in their area and then gives them the tools to sell that business their website. Uh, so here is genius. So here's Everest. He's in India, but he's focusing the tool on the Netherlands. Uh, so I I like we got to we got to take a look. >> Tell me your name again so I get the pronunciation right, sir. >> Hi, my name is Chris. >> Chris, nice to meet you. >> Okay. And Chris, you're in where in India are you? And how old are you? >> I'm 23 and I'm in Hyderabad right now. >> And are you in college or school? >> No, no, I finished my college. Now I'm into AI. >> Now he's into AI. Did you go to these uh like technical schools in India that are really hard to get into or did you do that like college course training where it's like really intense and you go for six days a week? I' I've just heard about this online in TV shows and media. >> I didn't really go for the hard ones. I just went to a normal university. I mean like you said six days a week. >> I mean pretty >> intense but uh I got through it. So you are monitoring this week in startups x.com and thinking about opportunities in Europe and America even though you're living in India. Am I correct? >> Um I mean I just a tweet of mine went viral. >> Oh >> you guys reached out to me >> and so I wanted to be on the pod. >> Great. Here we go. So show us what you built and I will give you some feedback. And this is a business lawn that I have uh seen before because with Squarespace people started doing this. They would >> this is this is like >> they would build websites and they would knock on doors in America and say hey I built a website for you. Would you like it uh you know asking for $500? >> Like the first question I asked Chris was like well why don't you just go right to businesses and build them websites with your system and he explained like you know it's that personal touch. He's in India so it's almost like the users of his site become like his street team. like he's sort of making websites for all these local businesses around the world and he's got local people helping him actually at the point of sale. It's very cloudy. >> Okay, here we go. >> Okay, I mean the system is really simple. Uh you just type in which niche you're targeting and which city you're targeting. It's very simple. You just type in the niche you're targeting and the city. >> Okay. So, you could do coffee cafes. >> Yeah. any niche. >> Well, but Jason, it's going to it's not only going to find the businesses, it's actually going to make the websites right now. Like when we check back in, like you'll see Chris will show us, we're actually going to get finished websites already. >> Genius. Okay, here. >> Let me show you a finished workflow. >> Okay, so here's your workflow. >> Completed. >> So, this was one uh me and Lon ran yesterday. I mean, he didn't see the results yet. >> Yeah, I'm I'm scraped 100 car detailing. Yeah, car detailing because you know Lon keeps his car very >> I do. I I love I love my Prius. >> It's got all of the different websites there and I assume we can click on one of them. Yeah. Got all the data. >> Let's show you a website that they built. >> Here's a website I built. >> Look at this. My god, >> Jason, look at this data. >> And this is all based on this real car detailing place in Austin. Like you could go to them right now and say, "Hey, do you want to buy this beautiful website I made for you?" Yeah. >> Okay. This is insane. >> This is insane. >> Um, now wait, you're also having it contact them. How does it do the contact in the outreach? >> Uh, you can just connect your email. So, it finds the emails >> and uh sends out the outreach through your email. So, you can have like a custom email template that it uh reaches out to them. Uh, >> Chris, do you have a job? Do you have a job in India? >> No. >> Okay. Let me ask you. You can be honest because we're on this week in startups. Okay. You can always be honest here. You can be always be honest with your uncle Jalow. Unk JC. >> If you have if you got a job right now, what do you think your salary would be in India? If you got like a job, you know, >> like an average job. >> An average job. Yeah. >> Uh like >> in US dollar? Well, in your dollars and then we'll we'll translate. >> Yeah. 400 a month. 400 >> dollars USD. >> US dollars. >> Yes. >> You make five grand a year. >> Yeah. >> Okay. Five. Five grand a year. >> And you're a developer and you're smart. >> Look at what he built. >> Five grand. >> I can hear the wheels turning. >> If you made $25,000 in US right now >> compared to your friends, how would you be living? Like your apartment, you're going out to dinner. Yeah. How would you be living in India? >> Uh, I would be living like a king here. >> Living like a king. >> He'll be with Nick on the balcony in Miami Beach before we're done. >> Okay, >> Chris. >> If you're this freaking smart, I I'll I'll pay you $25,000. You come work for me. Okay. How does it sound? I mean, you you got to be actually smart. This can't be like all a put on here. You got to go through a proper job interview. But would you like to make $25,000 a year? Because that's like a third of what people make in the US. >> Don't tell

him that, Jason.

"No, I am. But I'm just trying to do arbitrage here. I'm just What would that be like if you went to your friends and like I just got a $25,000 job offer? Is that like crazy or not?"

"Or does that happen to some of your friends?"

"But um I think I'll be making more with Anupa."

"Yeah, there you go."

"Boom. I love it. I LOVE IT. HE'S AN ENTREPRENEUR. IT WAS A test,"

"because,"

"you passed the test. I need to start Founder University India. I need to talk to the government. I need to I've never been to India. I need to go. This is unbelievable."

"Let's go to Hyereabad, Jason. Let's go."

"I'm in. All right. Great job. Stay"

"tell you uh some exciting numbers."

"Okay. Here we go. Yeah. Tell us the exciting numbers. Maybe I need to be an investor in this company. We need to"

"CP. Yeah. So I launched it in 24 hours. It was at,000 MR,000 USD."

"Okay."

"Just from a single Reddit post."

"All right, that's it."

"No, no. I think uh you'll be excited for this."

"And then last week uh I I posted like uh three tweets and now Unlupa is over 8.5K MR. You're"

"already You're What are you talking about? You're at 100K a year. Yeah."

"Look at you. He doesn't need your 25k as that. FJ Cap. He's an entrepreneur. It was a test. I wanted to see what was going on here. Uh, okay. Here's the deal."

"Uh, I want you to come to Founder University."

"Uh, and I want to invest $25,000 in this company. If you want to make it into a US-based company, uh, because I think you're just brilliant and smart. If you want to pursue that, you got to go through diligence. We got to make sure you're not a criminal. We got to make sure like you can actually start a US company. Put it aside. Congratulations. This is amazing."

"Let's go to our next demo. Stick around, Chris."

"All right, Chris, hang out. Uh, we're going on to Ben with us. We're going on to Ben Broka. He's the creator of Pulsia. It's an agentic system. It's not OpenClaw. It was built while Peter was off building OpenClaw. It's a separate agentic system, Jason, that helps businesses run their operations autonomously. Ben, thanks for joining."

"Hi, Ben. How you doing? Where you calling in from?"

"I'm good. I'm from I'm in San Francisco right now."

"Oh, okay. Great. I can tell because it's so sunny. Show us what you built. This is it. Demo or die. Show us what you built here on this week in startups. You never know what you're going to see."

"So, actually this is a live dashboard that shows Pulsia in action working right now on like almost a thousand companies at the same time. Uh so you can see that like actually recently we had a huge surge of like people starting to use the the service which is amazing. Um and so right now you can see Pulsia uh working on different tasks. So, it completed 3,000 tasks in the past 24 hours. Right now, it's building a 3D property feed MVP for some user that's like working on specific company. Uh, this is a Twitter action where like following up with 17 gallery pitches. Um, and so you can see that like, you know, a lot of users are creating new companies every minute, right? 700 companies were launched in the past 24 hours. Um, so essentially Pulsia is an AI that builds and runs companies autonomously. So it wakes up every night uh accomplishes tasks uh in the goal to to create and run uh the company that the user sort of like uh decided on."

"Wow."

"And it is incredible."

"It can build uh it can like of course uh code uh push a production uh launch a real website uh tweets. You can see here those are real tweets that have been tweeted about you know if I click on one of them it's an actual real tweet. Uh most AIRS cost 750,000 a month. They need a rev ops team. Uh, Lead Forge finds your prospects. So, this is a tweet that's promoting a company uh from a real user, right?"

"Wow."

"Um, so, um, it can also send emails. So, I give it access to an email address. Uh, so you can see that like there's a bunch of emails that's been sent in the past 5 minutes. 4,000 emails in the past 24 hours. One of the things I launched about a week ago is now Pulsia can run ads autonomously for companies. So, it creates its own UGC ads. Um, and then there's an AI that an AI agent that every every day wakes up, looks at the performance of ads on meta and decides to either uh, you know, create a new one or like pose an ad that would not be performing or create new ads. So, you can see I'm going to give you an example. This is"

"my buddies think I'm a genius for planning our trips. I just use Fairwayfinder. 10 bucks, whole captain's packet done. I let him keep thinking it."

"So, this is just an example of like an AI generated ad that was created for a customer uh to promote their business on Pulsia."

"So why combinator in a box? You're basically making unlimited number of startups. You own all of them and then you"

"or this is a game for people to play. They subscribe to your service Pulsia."

"So it is all users that are signing up to Pulsia paying $49 a month to get an AI to run their idea. Uh if you think about it, it's like uh one of the cheapest ways to get started. Of course, you can go to Lovable, you can go to cursor and set up your website, but you have to be prompting it. If you stop prompting it, it will not do stuff for you. Here, it autonomously sort of like decides every night what are the best things that it could do next based on the state of the business. If if the if the MVP is not ready yet, it will do an engineering task. If the business is ready, maybe it will start doing marketing. Maybe it will do some cold outreach. Maybe it will tweet, maybe we'll run ads, right? Um, and so the idea is like really I believe that the future of companies is that most companies will be 80% autonomous, meaning that like the 20% is the the human sort of like uh having taste, having creativity and like a certain insight into a specific niche. Um, however, 80% of the company could be completely autonomous. Essentially here the AI Pulseia is giving that to people and it essentially is doing the engineering work, fixing bugs, grinding every day, sending cold emails, tweeting, doing ads. Uh the human doesn't have to do that. The human needs to give direction."

"So great. So great. I mean, this is something we like looked at for like our accelerator and incubator is there's all these different components. So we teach people go to market strategies like you're doing with ads you know we'll teach people social media marketing and hiring and you know getting product market fit and you're just making it in a box and we were always thinking like I wonder if we could do founder university in a box and here you are you've built it is this going to be uh you know you did you raise money are you going to build a business here what's the story"

"so I raised the preed last summer uh and and right now I mean SF actually to to market it more and to now I'm seeing great retention you know uh active users are sending 15 messages a day to their AI CEO to like plan to discuss strategies, marketing strategies what to do to grow the business. Um around you know 20% of users are are are using the ad product which is great because ads is a great way to actually generate revenue. Uh and so I'm excited to get more users on the platform and"

"incredible great job. Um a question from our audience lon"

"oh yeah, we've got uh from M. Solomon Bush, how can you afford this? Are customers paying for inference on top of their $50 per month?"

"So, it's a great question. Like the the re actually I would love to make it more affordable. The reason it's $50 is because yeah, as as as you said, it's expensive. Like it's a lot of inference because every day the AI, you know, thinks and acts every day. And that's I'm of course using top models uh from Entropic and and and and OpenAI. Uh and so the idea is that the subscription I'm trying to break even on the subscriptions because the idea is like giving this tool to as many people as possible but in exchange we take at Pulsey a 20% cut on revenue on essentially transaction on the platform. So if a user comes in for 50 bucks a month they can get a company getting started which is very very affordable but if down the line they start making a 100 bucks 200 bucks a month with our business we just take 20% and that's our way to to being able to generate profit to continue growing the platform."

"Got it. Got it."

"We're very incentivized with our users uh on success."

"This is amazing. Really well done. Um, we should talk because I'm in the startup business and I think what's really interesting about what you're doing is"

"I mean, I'm sure when you raised your preede round this came up with investors like pretty great place for us to look for founders, right? You've basically got a little incubator here on your hands."

"Really inspiring, dude. I love it. Any questions for me? uh"

"about startups and startup life. It seems like you already figured it out to be honest."

"I mean, listen, first of all, thank you for having me. I I'd love that to be able to share this to more people. Uh and yeah, I mean, you have a ton of experience and would love to, you know, ask you like how do you see about scaling it? How do you think about how can I get this into more, you know,"

"uh so, you know, I love open source and I love more open platforms and it's always great to enable people to make money. So, let me just riff here. Lon"

"riff."

"What you're doing is like eBay or Airbnb or Uber um or many other marketplaces, Etsy, in that this is kind of a marketplace where you're giving tools like you come for the tool and you stay for the marketplace. You've basically created a way for people to make a living. When you do that, you get love from the entrepreneurs you're creating, just like Airbnb does, right? Airbnb changed tens of thousands of people's lives who were probably, you know, making a wage and they became entrepreneurial and eventually if their Airbnb worked out, they got a second one or a third one and now they moved into the owner class from the salary class. Beautiful. So I think you're doing that and then the more you the less you take and the more you give will be how you succeed. So Etsy and Airbnb take their five to 20% take rate. You take 500 flat rate. Um, there's other services that you can upsell people on over time. So $50 for this package, 300 for the next package, 1,000 for the next would be the next thing I, if I was an investor in your company, I'd be sitting with you saying, "What would people pay $1,000 a month for?" And you could then, you know, start having that conversation. Maybe there's a human in the loop in the marketing function, right? So you have like you hire a growth hacker and you split the growth hacker like rent a human style across the team. Anyway, all kinds of things like that. Um, and your customers, if you talk to them and say, "How can we be more helpful?" They're going to tell you, and then it's your job to prioritize and experiment. Um, there's also the possibility of adding to this the ability to uh invest in the companies or have ownership in them. So, you could say, "Hey, we'd like to own 10% of your business um or we we'd like to own 5% of your business. we'll give you the platform for free for life. Um, if we can own 5% and we get a 5% royalty, you know, or we get 1% of your profit. So, it could be it could be $500 a month or $100 a month and 5% of whatever your sales are if you're tracking sales in here. So, there's all kinds of ways you can kind of do future upsells. For now, just keep delighting customers, right? you're you're you should spend the first three years of any business just delighting customers and then you can figure out the revenue. Um, the model's really simple here. A subscription plus a revenue share plus upsells and as long as it's tiny like you're doing, you're going to be successful. You're going to figure this out. Great job. Okay, awesome. Let's do our third and final demo."

"Well, first first I think we should uh we should check out this poly market. Uh so related"

"I love a polyarket. Related to what we were talking about earlier, I found this one for OpenAI's closing market cap. So on the day that OpenAI eventually IPOs, what will the market cap be at the"

"1.5 billion"

"closing bell? So let's pull that that poly market up. I"

"think it's 1.5 1.5."

"Uh so the volume on this 1.4 uh million right now. So, a lot of people right now the number one the top vote is no IPO by December 31st, 2026. And then there's another version. Okay. And then there's another version for 2027. And the number one vote there, no IPO by December 31st, 2027. But if but if you go look at the individual numbers there, there is there is some range. So"

"scroll down there because it's definitely going to be public by 2027."

"So that would include 2026. No, this Yeah, this is just the 2026 one, but uh Salaf, if you see up there at the top, there's a choice. There's a button for December 31st, 2027. Click that one."

"I think we're on that. Yeah."

"No, we're on 2026. Here's 2027. So, now scroll down."

"So, no IPO is what?"

"So, no IPO is uh by 2027 is 37 43% as of right now. But under that,"

"so that's the losing bet. They're going to IPO by 2027. So, under anything under 500 billion is currently at 26%. That's wrong."

"Uh 1."

"This is on the closing day."

"This is at Yeah. IPO. Closing bell. Uh on the day that the company IPOs."

"All right. I'm going to load into this one. Uh scroll down. I'm going to take 750 all the way to 1.5. So if you added those up, it looks like it's about 55%."

"Well, no. 750 billion to 1 trillion is 17%. 1.25 to 1.5 trillion."

"No, it's got to be a trillion. So I'll go a trillion. Trillion five. That's 40. That's about No, that's about 30 31%."

"No, no, I'll take from 1 trillion up. So, there's three categories there. 16, 15, 19."

"I see. I see what you're saying."

"So, that's 31. That's exactly 50%. I think if you put 50% on there, that's the winning bet. It can't be under 1 trillion on the close."

"I mean, that seems crazy that it would be under one trillion when it's already worth."

"I think we could I think we should put a hundred I think we should put $100,000 on this."

"Well, so if we put a hundred,000, we make 50."

"Yeah. Right. That would be Yes. you would make 50k from that because you're you're betting"

"about wait a second. If I make 50k, I think that's a lock."

"If that's a lock for me, um, if I put the 100k into Nvidia or Uber or other stock"

"and I make 10% a year, I'll be at 110. Or if I put it into munis, I'll make 5% on the 100k. I'll make $7,500 versus 50."

"The real money here would be like 500 to 750 billion. But I don't think there's any chance that it's that low. That's the problem."

"No, you can't take that long shot. Those people are being"

"Yeah, they're being silly."

"Ray [ __ ] day, as we say in French. Um, okay."

"Let's keep going. Mike Poly Market. I love Apollo Market. Got me thinking. Got me thinking."

"We got We got one more demo that I want to take a look at. Let's welcome Audi Gabbrani. Uh, he's the creator of makemyclaw.com. Their website allows you to set up and deploy your own openclaw bot in just 60 seconds. Here's here's my favorite part about this, though. He's also got a free 15inute trial offer like try out OpenClaw for 15 minutes for free. I I was of open source."

"I was fascinated by that. So, welcome Audi. Thanks for being here."

"Thanks, Ron. Hey, Jason. Nice to be here."

"All right. There there's got to be like 500 hosting options now. Why should people pick yours?"

"Yeah. So, uh for me, the goal was not to just make it easy to deploy, but also to maintain it on ongoing basis."

"Okay. So I I think u and have it have it in such a way that you can go into the shell and manage it all by yourself even if you want to. So I don't want people to be sandboxed into something but actually even in the FAQ of my uh site I say that if you are using uh if you're using open claw beyond make my claw beyond a certain day you're doing it wrong. I would want you to come experience it move on self-host it and have fun with it. That's kind of like the the goal for me."

"What's your story? You're an entrepreneur. Where are you based?"

"Yeah, so I'm in Vancouver uh right now. Uh this was a side project which actually came from uh getting so I I got involved with Open Club early January where I was building a bot of my own and then saw Peter building."

"What's your background?"

"Uh uh uh tech background did business school uh and ran a company"

"solo entrepreneur. Have you incorporated yet? You got a"

"not from make my claws. I have other company doing uh doing AI for mining sector actually. Oh wow. So that's your day job. Is that your company? You own that one?"

"Yeah, that's my day job. This is"

"a side hustle."

"This is a side hustle on the weekend."

"How is the side hustle doing compared to your main job?"

"Oh, that that's a much bigger business. That's a much that's a much more well-established company. Uh this is uh this is this came because I was playing with personal agents and wanted to get my friends involved."

"Which job when you wake up in the morning, which job you more excited about? Uh this honest"

"this I'm more excited about this but I cannot afford to do this before 6 p.m."

"Got it. The other Have you raised money for the other business? You have"

"no that's bootstrapped. One good thing about mining companies is they pay really well."

"Ah got it. What's the footprint of that business? It makes millions of dollars, hundreds of thousands. How many years has it been around? How many employees?"

"It's been around for around four years. Uh in millions. Yeah."

"Got it. All right. Did you raise money for it or you just a solo entrepreneur?"

"No, I found I have co-founders but bootstrap business. Got it. Awesome. I mean, I I love the hosting business um because I think it could uncover other things. What are you charging for what's like the minimum?"

"So, so it's 29 for we give you the key, very generous uh key and 19 if you bring your own key."

"Got it. Explain to people the difference between bringing your own key and you bringing the key."

"Yeah. So uh bringing your own keys you can bring any provider you want and you can uh you can use whatever whatever you like and you pay for"

"whatever language model you want"

"whatever language model you want and and you pay for it. So that's why this is cheaper we just host it. The kind of complexity that I'm trying to take away from people is upgrading their open claw whenever the new one launches making sure nothing breaks."

"So what do you give people by default? Are you using Kimmy or something or some cheap using Kimmy"

"using Kimmy right now."

"Got it. And is Kimmy good compared to Claude Opus or"

"I think it's about 10% less in in personality but about 10x less in cost."

"Uh so for personally for me it has been a great trade-off. I have used my I have so the way I run it is I have Kimmy as my main uh LLM main language model and then for specialized task I create sub aents with codeex and claude to do specialized uh jobs."

"I love it. Super inspiring. Any questions for me? And uh by the way, Ben, if you've got a question for Audi, you can ask them."

"It's a little interactive here."

"We try to keep it"

"I give you permission. It's fun."

"Keep it always interactive if you have any questions."

"I mean, yeah, I think it's amazing. I think I love the the 15 minutes. Uh"

"I love the"

"free free open call. I think that's genius. I mean, I would love to hear about like what's your conversion of people that try for 15 minutes and decide to actually pay like"

"I just I just launched this and I haven't promoted it at all. So, I just launched it and I need to promote it. Uh but pe uh just based on some replies I did on Twitter, people were really excited about it. Uh I I think uh some guy mentioned that uh on Windows he's been having a lot of trouble uh uh you know trying uh trying OpenClaw and wanted a way to test it first with his telegram. So he was quite excited. Uh another use case that someone mentioned was that they they they they opened the bot for 15 minutes. They were collaborating with a friend on a coding project and they just gave the bot the permission to do it. So they and told the bot to shut off after 15 minutes and they so so I think I'm now starting to lean into these disposable agents where uh a friend of mine came up with the idea of doing this for a weekend trip. So on a weekend trip we spin a bot for two week for a week for a weekend. It does its own thing and then it automatically self-destructs. So and this is not a shared uh this is not like a shared space. It's it's creating a virtual machine on the cloud. So it it can do a lot of it can do everything that open clock can do for those for for the weekend and then it automatically self-destructs. So I think there can be lot of cool use cases which can be built on top. I want make my claw to become the best place where you can use all the open-source agents. So uh as you would have seen Hermes which is by this news research lab they launched. So I'm integrating that into it. So now you now you can not only just do uh now you can not just install openclaw but also Hermes. So you can choose whichever bot, whichever framework you like, and you can easily install it."

"This is amazing. Well done. All right. Uh gentlemen, great job. Uh I'm going to be hosting an open claw launch festival Monday and Tuesday uh on March 16th and 17th in San Francisco. You're both invited as my guest. Free ticket for each of you. And uh if you want to come. And the way we do this event, just so people know, we only have 400 seats. We're giving a 100red to our investor partners. We have 125 of our founders coming from Japan uh around the world, Saudi, etc. And our latest cohort of founder university companies in America. Then we're going to invite 100 investors, which means that's like 250 of the tickets. Then we'll let a hundred people who are founders from the public come for free. We always make it free for founders. When you buy a ticket, you pay 20 bucks. when you pick up your ticket, we refund the 20. Why do we do that? People People will um not cancel. So, you can buy the $20 ticket. If you have to cancel, you can cancel, but it's 20 bucks. Who cares? It's just a way for us to reduce the number and just make sure we don't burn seats. Um and if you want to buy a ticket, there's 50 VIP tickets available. If you buy a VIP ticket, uh lunch is on your own for this event. You can just walk around uh San Francisco and get lunch. But I'm going to host a lunch for 50 people and some of the speakers will come to that uh if they're if they're around and you can come to the lunch with me if you pay $1,000. So there's $50,000 in revenue for this event. Lawn is the way I do it. And that just pays for all the free founder tickets and we can buy coffee and breakfast for"

"and we can't talk about the guests yet, but I've seen the list they're working on and it's amazing. Like"

"some good keynotes, especially for 100 person events are coming. Some very cool two big hitters already. some very cool people who people will want to hear from."

"Okay. All right. Launchfestestival.com. Thank you."

"Thank you. And uh and thanks to uh Audi and Ben for being here. I appreciate it, guys."

"All right. Get to get to work. Go back to work. Ben, love it. Audi, love it."

"I have ideas. I love both of these. I like both those f and I like Chris. Three great founders you found. This is exceptional. This is what this week in startups is all about. I love first amendment lunatics. These are people with no life."

"Yes. And then they go out, they carry pepper spray."

"Mhm."

"And they go and they film."

"There is one of these guys in this show."

"And I just came across my feed because my feed is Bulldogs"

"and um weird couples on Instagram now. There's all these weird couples who have the same account. I've got like four of those weird couples I follow now."

"Yeah, of course."

"Um"

"of course, as one does. Um"

"and um and freaks and oddities and other things. First Amendment warriors"

"and first amendment warriors and there's there's two groups."

"There's one well, there's actually like four subsections of this group of the genre."

"One they go to like when they get pulled over they refuse to you know fourth amendment. They don't want to"

"roll their window down. They want to know am I being detained?"

"They know all the rules. They know all the rules."

"They know all the rules and they like to mix it up. That one it feels very dangerous. That's one genre. I'm not encouraging that. The second one, they go to public places and they just record. So, they went to like,"

"you know, uh, Tahoe and they went to a local town that's near me and they recorded on the street just like they're making B-roll and the guy's got like six cameras on his body and the guy comes out of the store and he starts yelling at him. He's like, "No, I'm just taking video. I'm just doing, you know, shots or whatever." He's like, "You can't shoot into the store." He's like, "Well, actually, you know, freedom of speech, I can't."

"Public street. I'm looking this way. I was at the sidewalk."

"So, the guy comes and he pushes his camera. The guy's got pepper spray. says, "If hey, if you hit me again, I'm going to pepper spray." The guy pushes him again. He pepper- sprays him. Like, the guy's crying. Whatever. Please come."

"That hurts."

"These First Amendment warriors, show them the video."

"The third genre, and perhaps the best"

"is in this show, Neighbors."

"Which is the beach line."

"The in LA. Oh my god."

"There was a beach called Carbon Beach. I had a couple friends who had houses on Carbon Beach. These are billionaires. And I would go stay and you know you go on the beach and then they would have a thing called squids or jellyfish people who would be outside Gethan's house like Geffin has one of these houses well known famous people have these houses um the guy who used to run Disney was the CEO Michael Eisner had one of the most famous houses this is all public knowledge because people would know I'm going to sit outside of Eisner's house I'm going to sit outside of this famous person's house"

"and um you know people are just cool with it"

"but then there's like some Karen in Lagona and she puts ropes and there's a rule."

"You can be 10 feet from the high tide mark,"

"right?"

"Anybody is allowed to be 10 feet from the high tide mark, whether it's Florida, California, and then there's local rules. And then there's people who sell chairs uh or have private clubs and they will start putting their chairs around it and creating formations. And then these warriors come out and there's one on neighbors."

"Yeah."

"and they come out and they want to walk across it. So they'll walk through the chairs for the hotel."

"I had no idea about this whole sub."

"It's the greatest."

"So neighbor every episode they pick two."

"Where's the clip?"

"So here you filming today."

"Oh, just doing a little beach blog."

"It's all private property until you hit your light down there. So"

"When you say it's all private property water,"

"don't take this the wrong way, please. That's the stupidest [ __ ] thing I've ever heard. You want me to call this place?"

"This is not my first rodeo, my friend."

"So, this guy, he's fighting with"

"and you're gonna find out the hard way. Tell me I'm on private property and then I'll leave. But you're wrong cuz I've looked it up. It worked out so well for you. Hit it, Brent. You think I'm trouble? Wait, I have a hundred of my friends out here on this beach."

"I got my kids out here. So, if you want to cuss and fight,"

"I don't care if your kids are out here. Look out here, too."

"All right. That's That's"

"Now, here's the thing."

"That's a little taste of cult news. Oh, he's a lunatic. So, it's he's getting in the middle. It's not even his neighborhood. He's getting in the middle of this fight between the people who like to hang out on this beach and the homeowners. And there's a scene late in the show that's so great where the woman who's running the we want to sit on the beach uh group pulls him aside and he's like, "Can you please stop doing this? You're making us look bad. This is exactly what we want to avoid. You're starting fights. You're making chaos. Now, we're really going to get kicked off the beach." Um,"

"yeah, the Lagouna Beach Karen was the other really great one. Um, she is nuts. Let me play you this."

"But they they find these the whole show is just they find these characters."

"I love it. I love it. This is the genius of HBO. The hundred billion dollar thing is actually worth it. I I retract my previous statements."

"There's another one that's in Montana. It's these two neighbors who are fighting over this gate a guy wants to put up on this road next to his property in Montana."

"Look at this law. Let me show you this one. This has nothing to do with neighbor."

"Watch this woman."

"A couple of weeks ago, I featured a video of a woman, a beachfront property owner in Laguna Beach to be exact, who was screaming at a family of beachgoers to get off her property, frantically deploying more and more to more and more beach area in an attempt to cordon off what she said was her private property."

"She's attacking. She's not."

"You're the homeowner of a beach of rope and she froze it. The spool It's your responsibility to learn the laws and rules that govern your property and the line."

"So what happens here now is these lunatics do this. Then these fourth amendment people are in groups and they're in Facebook groups. There's an app. Then as the guy said in Neighbors, they go swarm."

"Yeah."

"So whoever does like these shenanigans, then they do like let's have a hundred people have a barbecue outside this woman's house. It's amazing. This is what like America is all about. I love this kind of stuff. It's crazy. This is why I got a, you know, dozens of acres on my ranch."

"Yeah, that's true. You got a private."

"Ain't no neighbor bothering me."

"Totally recommend neighbors. I would say that this Montana one, you go through most of the show and you're like, this guy actually sounds pretty reasonable. He just wants his horses to be able to walk down this. And then at the very end, he's like, well, you know, we should be working together to fight against Q. And then all of a sudden, it takes this crazy turn and he's like a wild conspiracy theorist. It's it's unbelievable. Well, the show is so good. It's Josh Safy who did Marty Supreme. Uh he he executive course he executive produces it and it's uh it's a terrific show. I highly recommend it."

"All right. You did a great job. I want to do some things that you wouldn't uh this is these are things you can buy. You know me. I like things on Amazon."

"Gadgets. Brick. Yeah."

"Yeah, I like a little bit of stuff once in a while. Let me see if I got the right window here."

"People like brick."

"Okay, here we go. I'm going to take you through a couple of things I'm obsessed with."

"All right."

"Okay."

"I like a warm cup of coffee."

"Who doesn't?"

"This mug warmer for $22. I have it on my desk."

"You put your cup of coffee on. You see what I'm showing you?"

"I do."

"You press a button. You can pick how what the temperature is and how long it's on for. And it's got a little LED."

"I love this. So, like you poured yourself a cup of coffee. Now you've got it on your desk. You might nurse it for a little while. It gets cold right away. This keeps it fresh and warm. That's brilliant."

"130° the whole time. If you want to go 178, you can pick in between. For 23 bucks, the delight I get from this thing every day is extraordinary. Um I I've talked about Ankor before."

"Sure."

"Uh and when you and I were in Japan, you probably saw me pull this out. This cost 120 bucks. It's an Ankor laptop power bank"

"bank. 25,000. It has two built-in USBC's and it has pass through power. So when you plug it in on your dash, you can plug it into your laptop or two other things, be charging the battery and charging your phone and your laptop at the same time. In other words, it's got pass through power and it's got these LED screens so you know what it's doing. And then if you're a super nerd like me,"

"it'll tell you here C1, C2, C3, and A, it tells you what each of the ports doing, right? So, I like to know I'm on max charge for my laptop, whatever. And it gives you the battery health and all that stuff. So, you can see the input, how much is left, how long it takes to charge the battery. Just keeps you informed because we're all dealing with this stuff. Now, when I'm on a flight,"

"a lot of times I'm on a flight, you got to find the plug. Even if you're in business, that's hard to find. The plug falls out."

"I don't even worry about that. I just have it with me. I just zip it out. Boom. Or if I'm in an Uber, I'm getting driven somewhere. Boom. I have it with me. at the airport. It's, you know, when you're walking around at the airport and you're looking for where's the outlet? Do I have to sit by the wall? Is there that one chair that has the and like half the time the chair has an outlet, but it's broken and you can't get any power. This you don't have to you never have to have that moment again. You just plug it in right there. It's amazing."

"Anker also makes a new wall charger. Here it is. This one can flip over in any direction."

"So, if you have a weird plug,"

"it does this interesting thing. Let me see if I can find it. Well, cuz we all have a hundred devices now. I just got the Plaude. I've been wearing the Plaude pin. Now"

"you got that."

"You got you got to charge that, too. Like every time you get a new thing now, it needs to be charged."

"Now, this one, this little cute Anchor Nano USBC. I first saw it when I was in Japan and I went to that great camera store that you went to."

"Big Camera B."

"Big Camera in Tokyo. Amazing. There's another off."

"Incredible."

"Many floors. Anyway, they make these with matching colors for your phone, but it has a display."

"I've never seen this before. There's a little button on the top and you can cycle through it. See that little indentation? Yeah. You cycle through it and then it tells you what you're charging. Somehow it knows through a proper USBC cable that you're on a 19 iPhone 17 Pro Max."

"Yeah, Wow."

"Um, then, um, so you see that fast charging, whatever. And it does fast charging, which really matters. They are fast and"

"super fast. Um, and you can tap it really quickly. Like if it's on your side table, as you see here, turn it off. You can, um, do the charger cooler. So, if you don't want to, if you're doing it overnight, you don't need to high-speed charge, which burns out batteries and does all this stuff and affects temperature. So, you can go on the care version. This is getting incredibly sophisticated. And here is my favorite part. 180 flexible for your ideal view. So depending on the plug you're using, if it's on top of the desk, on the side of the desk, whatever, hotel plug, airplane plug, your office, you can move it to 0 degrees, 90°, or 180 degrees. The plug just flips around, which you don't think is important until you get to a weird plug,"

"right?"

"And what you want to pair with this is this $20 plug, which is a sixoot USB cable. Get it in white or black. And you pair it. It's got 140 watt fast charging for your laptop, but it has dual USBC. So, you plug this into something and you get two. Boom. With my daughters, I bought them each the uh $30 Nano when we're traveling and for their rooms. And the double. We never have problems with fighting over plugs. And the battery. I gave my wife my battery. I gave the kids one of those bulky batteries."

"They thought of everything. Everybody's happy. They've thought of everything at anchor. They figured it out. Yeah."

"And Plaude. You got the Plaude pin."

"I do. I'm not wearing it right now because we're on camera, but I have the Plaude."

"When do we start the partnership with Plaude? Do we have a partnership with them yet?"

"Monday, sir. Monday. Get ready."

"Oh, has it been signed?"

"It's done. It's We're h we will do our We will do our first Plaude segment. Stay tuned for it on Monday show."

"Okay. Monday's show. Thanks everybody. Thanks for our friends. I applaud. I'm going to give away more applause. They're great."

"The applaud. I applaud the applaud. This thing is so great. Just as a preview, you wear it, you press a button. When I was skiing and almost dined, I was wearing it for those three days. I turned it on at the beginning of the day and I just let it record me all day. I'm skiing down the mountain. I had a great idea. I said, "Oh, shoot."

"Stop at the side of the mountain. I'm going to start talking. I start talking. I start talking. I start talking. Boom. I forgot I did it." Then I now have on my calendar every other day, review your plaud."

"Yeah."

"And now I review my plaud and I see all the different ideas. I don't lose all my great ideas."

"The great thing is it learns the voices of everyone around you. So I've already taught it everybody. So I could just record a conversation. It'll tell me who said what when and what and you could search it. It's it's crazy."

"Oh, and yeah. So you can search it and then there's a bunch of template lunatics who've made templates out of there. So one of them is perfect transcript, one of them is like meeting,"

"one of them is brainstorm. So you can pick what template you want to generate it. It stores it in the cloud. Here's the great thing. You can hit the send button and I can send applaud to you at a public URL. So if we did a talk, I did this with you when I was testing in Tokyo. I had breakfast with Amanda, right?"

"I had breakfast with Will. We were going to do a talk and we just decided, hey, let's do a like a best practices for startups and I talked with the team and then I said, hey, make this into an agenda for a podcast episode and a live talk. Then I sent that to you, Lon, and then you used that. So, you started on second base. It didn't have to be transcribed. I didn't have to start anything. Boom. I just pressed my plaud pin."

"It was like I was at the conversation you guys had with"

"Correct. Exactly."

"Applaud. Plaude. Plaude. I love plaud. Bye everybody. Byebye. and death."