How to & How NOT to do Layoffs, the Tax Tip to save you MILLIONS and is the Gas App Going to Solve Bullying?

Episode 3: Today, hosts Alex Lieberman (@businessbarista), Sophia Amoruso (@sophiaamoruso), and Jesse Pujji (@jspujji) get into the MADNESS of the Gas app - a new social networking platform that has surpassed Instagram, TikTok and Twitter for daily downloads. Then, they get into how to & how NOT to conduct a layoff, whether it’s for one person or a company-wide one. And finally, the trio gets real about the secrets of QSBS and how understanding it can save you MILLIONS.

00:01 - Cold Open: Jesse speaking to Zuckerberg about the highschool version of Facebook

00:32 - Intro 

01:35 - The Rundown

02:27 - How the “Gas” app works and how it stays positive

03:50 - Sophia on the Founder of Gas being a “master” of testing & iterating

05:45 - Alex on Highschoolers being the “best demographic” to build an app for

07:40 - Jesse on the difficulty of building consumer businesses

07:57 - Jesse’s highschool version of Facebook

10:00 - Jesse speaking to Mark Zuckerberg

12:44 - Where does the Gas app go from here?

13:35 - The “Gas” app’s ‘money printing machine’

15:40 - The second & third gen of Social Apps

17:50 - The Takeaways from Gas

21:48 - The “Hub & Spoke” Model of building your business

23:10 - Microsoft & the trend of Tech Industry Layoffs

24:32 - Sophia on layoffs needing more clarity & planning

28:50 - Jesse on Founders needing to be passionate about people & leadership

30:35 - The HORRIBLE Better.com Zoom layoff & reaction

34:30 - What is QSBS & how it saves founders MILLIONS

Links:

• WSJ article on the Gas app
• Nikita Bier’s tweet on Gas’s success
• Allegations on China faltering the Gas app’s growth
• Microsoft lays off 1,000
• Chart of all Tech Industry Layoffs since COVID
• How To Rally A Company Through a Round of Layoffs
• Netflix on building a “team not a family”

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