
Results Junkies
180 episodes — Page 3 of 4
VC And Angels Aren’t The Only Way To Go To Market
TikTok has been appearing in front of Congress to ask tough questions. The two that we're asking this week. Would the US agree to allow Twitter or Facebook to divest their code to China, like the US is asking TikTok to do? And, what's the impact on creators if TikTok is banned in the US?A recent contract with the Air Force illustrates how public markets and for-profit companies may not always be the best place to monetize.We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Silicon Valley Bank, Part 2. How Does This Change Term Sheets Going Forward?
Paul and Ed continue to discuss the ramifications of the Silicon Valley Bank failure. How will this change term sheets for founders going forward? What steps should founders be taking right now to protect themselves?We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
BONUS EPISODE: Silicon Valley Bank Failure, Part 1
Silicon Valley Bank, a bank that founders rely heavily on, was closed on Friday by the FDIC. We recorded this episode before things got really ugly. We were going to scrap it, but figured it would be part 1 of a 2-part look into SVB and how this will affect the startup community.We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Is Growth Outside North America More Attractive To Investors?
Twitter has laid off over a third of their workforce but still seem to be functioning and even adding features. Does that tell us something about the relative staffing levels of tech firms, or is Twitter unique? And, Sequoia is chasing returns outside of North America. Is that an indication of the quality of US-based startups or does it speak to the growth potential "everywhere else"?We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Attack Or Conserve? Quarterly Planning 101
Paul and Ed are talking about the labels people put on their fundraising rounds. They're both a bit stumped about what constitutes a seed round today.Paul asked Ed what he's seeing from portfolio companies in terms of their quarterly planning. Should companies be hunkering down or pressing hard? We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Apple Has How Many Paid Subscriptions????
Was it smart for ChatGPT to sell half the company? Would Google have done something similar at the same spot? Paul and Ed argue about this one.And, Ed finally gets the chance to ask Paul the trivia question he's been dying to ask for weeks. Don't Google the answer ahead of time, see if you can guess.We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
How To Sell Burgers With AI
Is it a poem about burgers that ChatGPT wrote for us? No way. It's so much more tactical than that! We're also talking about the interesting intersection we think ChatGPT is at right now.We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Our Round Is Closing But We Can Still Make Room For You
Paul and Ed are looking at data about VC participation falling and where valuations seem to be heading. There's some difference in opinion on what that actually means. However, on the subject of the quality of cold pitches, Paul and Ed are 100% aligned. Meanwhile, one of our listeners has a different take on how effective those cold e-mails might be.We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
When High Growth Companies Switch To Cost Cutting
When you consider how many startups ultimately fail, many founders never get to an organized period of cost-cutting. They may have an "all hands on deck" moment when funds are running short, but the startup community is still keyed into growth, sometimes at all costs. So, what does it say when one of the biggest startups of the previous generation starts focusing more on cost-cutting?We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Are Angel Investing Groups Relevant Anymore?
Paul and Ed are discussing the value of angel groups in today's investing ecosystem. Are they valuable for founders looking to raise money? Do they still hold value for angel investors?We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
The Most Interesting Investment Terms We've Ever Seen
JP Morgan acquired a company named Frank back in 2021, the peak of the craziness in the VC world. Now, they're suing the founder claiming massive fraud. Who's responsible?Microsoft has a proposed deal with ChatGPT that made our jaws drop. We may never see another deal with a structure this unique. Will it get funded?We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Is ChatGPT Worth $29 Billion?
ChatGPT has been dominating the news. One of the newest developments is a fundraising round at a massive $29 billion valuation. This is on the heels of Paul and Ed talking recently about whether Google should try to buy ChatGPT. We were actually pretty close on valuation.Meanwhile, we delve into the world of Microsoft machines and how much they control the privacy experience versus Apple. And, we wrap up with a discussion about whether a large paid TV provider like Netflix is "too big to fail". We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Should Google Be Worried About ChatGPT?
ChatGPT has been one of the hottest topics the past few weeks. The rise has been so striking that Google has taken notice in a major way. Paul and Ed are breaking this down and asking whether Google should buy ChatGPT right now.They also spend time trying to figure out how much YouTubeTV costs and whether it will be the biggest area of Google's growth in years to come. We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Do You Really Need Better Metrics To Raise Money Right Now?
Paul and Ed discuss the current state of fundraising. Ed thinks that the requirements to raise a round really haven't changed all that much, and that investors aren't "walking the talk" of a tougher fundraising environment. Paul thinks it may be a reflection on their individual deal flow. And, Twitter continues to release features quicker than any time in recent history. That's a great example for how founders should be thinking about their own products. The most recent feature releases make Paul and Ed think that Twitter may have its sights set on LinkedIn.We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Microsoft’s Smartest Investment Ever?
Microsoft has made plenty of significant investments over the years. Some of them have propelled the company to unparalleled success. One of their most recent investments may turn out to be one of the smartest they've ever made.Meanwhile, Apple is in the news for some European developments that could completely change a big part of their business model.We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
ChatGPT Shows Us How Quickly AI Will Move
Paul and Ed dig into an LLC operating agreement that creates all kinds of headaches for the partners. Paul references some incredible statistics about the growth of AI with ChatGPT as an example.We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Is $2B In Losses Too Much
Paul needles Ed about his "emergency Disney trip" but also makes a great point about people trying to make simple things sound too complicated. Founders should have their ears perked up.Ed put together a spreadsheet to dig into the quarterly metrics for three popular platforms, Door Dash, Lyft and Uber.Paul is still pushing updates on Beacons and the guys promise to talk about LLCs and divorce attorneys next week.We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
The Unlimited Upside of Building in Public
On a brief break from Thanksgiving, Paul and Ed get together to share some quick takes. A tweet from Elon Musk illustrates not only why it's so valuable to build in public but how Twitter's previous leadership may have been grossly negligent.Paul and Ed go deep into a discussion about entrepreneurs being subject matter experts on what they're building.We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Cold Pitch E-mails: Worst Idea Ever
We start out asking if Ed really did buy the Frontier Airlines GoWild Pass. Paul still isn't quite sure he believes Ed. Paul also figures out everything he needs to know about the blue plate special. He also updates on some new Beacons code and the promise of exciting bits to come.Paul and Ed discuss this phenomenon of cold pitch e-mails. They both get an unbelievable number of e-mails from people who they've never met, all looking for an investment. Hear how many of these Paul and Ed have invested in.And, how can the guys not offer up an opinion on Twitter with everything that's happened lately?We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
WTF Is Up With Seed Stage Valuations
There's so much to discuss about Twitter. Paul and Ed are just scratching the surface but the debate is focused on one question. Are the aspects of Twitter that Paul loves a good indication of why it's broken?After that discussion Paul and Ed are talking about two decks they received recently. We almost named this episode "Founders:Entry Point Matters" because of how important this detail is. The market is shifting, and current values are definitely more in the favor of the investor. But, does that mean these are good valuations?We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Paul Builds Ed A Business
Paul and Ed are discussing the first year of the podcast and discussing where to go with the show in year 2. Do you think we should be more unscripted? Drop us a note at [email protected] or on social media and let us know.Meanwhile, Paul has been obsessed with something Ed said last week and essentially built him a business since the last time they recorded.We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Are Apple And Twitter On A Collision Course?
Apple is growing their ad share at the same time they've created a walled garden for other companies who operate iOS apps. Meanwhile, Elon has taken over Twitter. Are some of his early comments a road map for an upcoming conflict between Apple and Twitter?We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Amazon’s Airline Investment, Insta-Drop, TechCrunch Pitch Winners
Elon Musk is talking about cutting up to 75% of Twitter's staff. That probably has a lot of folks worried.Amazon is going a step further in their quest for airplanes, taking a stake in a major US airline.Instacart has dropped their valuation significantly twice even in the face of rising revenue and profit.What to make of TechCrunch Disrupt winners not being SaaS companies?We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Do Food Delivery Companies Think We Should Tip Better If We Want Faster Service?
Paul checks in from home amidst a case of RSV and kids rioting against parents. Beacons continues to chug along.Netflix and Disney are changing their pricing model. Paul and Ed debate which one will come out ahead.The headline is about some startups producing apps that help Uber, Lyft and Door Dash drivers to make more money. But, the buried lede is that these companies may want customers to tip more money ahead of time to get better service.We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Funding Struggles And A Different Type Of Lift-Off
Paul is still struggling with sleep as he and Dana adjust to life with another kid in the family. Blissful and delirious!We check in on Beacons and Paul talks about upcoming weekly newsletters and a potential paywall.Funding is way down in markets outside of the US. We shouldn't be surprised, but what are the effects of such a big drop in available funds.Lastly, Delta Air Lines joins the party of airlines partnering with EVTOL (electric vertical take-off and landing) vehicles. How will the venture markets react to these companies? And, since Paul said no to Uber and Airbnb so many years ago, will he say no to EVTOL?We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Babies, Beacons And Travel
Paul announces the news that he and Dana have a new addition to the family. Sleep deprivation has set in big time but he still manages to sound coherent this week.We get a Beacons update (if you haven't signed up for a weekly Beacons newsletter, do it now) and Paul has started messing with some pretty cool stats on what folks are actually talking about right now.Paul asks Ed about some travel tools he uses to hack his travel. Ed's 3 top travel tools right now:Expert Flyer allows you to search inventory for paid and award flights across dozens of airlines and set alerts for what you're searching for. Flighty is a new app that helps you deal with travel problems when they arise. Ed interviewed the founder recently and Flighty has already saved him a coupe of times when flights got delayed or canceled.Point.me allows you to search over 30 airline loyalty programs with just a few clicks to maximize you airline miles and credit card points.That leads to a discussion as to why "small apps" can be game changers for consumers and founders.We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Founders: Is A Use Of Proceeds Necessary
Paul is cranking on Beacons but an unfortunate error has lead to a setback.We hear the term "Use of Proceeds" tossed around frequently during fundraising. Paul and Ed are digging into what a UOP is, whether it's necessary and how founders (and investors) should approach a discussion about Use of Proceeds.Layoffs seem to have leaked over into the big tech companies, with Google and Facebook quietly going about rearranging and downsizing.We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Ethereum Going Green, FedEx Flashing Red
Paul launched Beacons and continues to crank out updates.Ethereum completed it's long-awaited Merge, which reduces energy consumption significantly. We discuss how this will affect everyone (and it will affect everyone).FedEx has a very gloomy outlook right now. Is this another sign of a rough road ahead?Figma seems to be the only company bucking the trend of dropping valuations, to a staggering number.We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
The Bear Pokes Shopify And Apple Leads With Doom
Paul is still wrestling with Beacons. He's promised us a new version of his podcast search tool, keep an eye out for it!A spoof account on Twitter has Paul and Ed discussing Twitter's business model. Should they be doing more to help key users?Paul and Ed spend time talking about Shopify and Amazon. Shopify, the company helping equip the little guy with the tools to sell against Amazon, is getting picked on by Amazon. Through a unique solution, Amazon is offering Shopify sellers the ability to have Amazon handle payment for them. A very interesting fight.Lastly, Apple launched their new iPhone last week. Unlike their normal positive messaging, there's a bit of doom and gloom.We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Here’s How Not To Raise Money For Your Startup
Paul continues to iterate on Beacons. He's promised us a new version of his podcast search tool, keep an eye out for it!Layoffs continue to mount in the tech industry. Paul and Ed dig into why this hasn't spread to other sectors yet and what you should watch for. A comment about a pitch Ed's team received leads Paul and Ed deep down the rabbit hole of all the things you shouldn't do when you're trying to raise money for your startup. Paul has strong opinions on how to navigate this phase of your company.We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
You Can’t Get Away With A Crappy MVP Anymore
There was a time where you could push out a really crappy product with a bunch of bugs just to demonstrate a key feature or two. Millions of dollars have been raised on MVP (Minimum Viable Product) with heavy emphasis on "Minimum". Not today. And, it's not just investors that will demand you have a better product. Customers just don't have the patience. You don't have to be all things to all people, but you do have to do something really, really well. We break it down this week. Before we dig into that concept we look at yet another effort by Apple to get employees back in the office, and the effort by those employees to do anything but that.And, if you're feeling feisty, you can weigh in on Ed's question about Gmail's conversation feature. If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Never Borrow To Invest In Startups
Softbank sold their entire stake in Uber to satisfy a very interesting requirement by one of their LPs. Paul and Ed are discussing why this is such a unique requirement. Meanwhile, Andreessen Horowitz wrote their largest check ever to the founder of WeWork. Reportedly, $350 million on a valuation over $1 billion. And, Paul is trying to figure out why anyone would borrow money to invest in startups.If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Founders: This Is What Needs To Be In Your Fundraising Deck
We spend this episode pinning Paul down on the specifics of what should be in your pitch deck (and what shouldn't). It's the first thing most investors will see when you begin the process of asking them for money. So many pitch decks lack the key items necessary to get you a second meeting with an investor. It's such an important part of your business that Paul built a free e-mail program on fundraising for startups.If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Filtering Pitch Decks. YC Trimming. Softbank Sinking
Uber Eats, Door Dash and other 3rd party delivery services may be another signal of changes in consumer behavior. Founders need to understand the metrics that matters most and show they can manage them. Paul sees plenty of evidence in the pitch decks he receives that not all founders are keyed into this new reality just yet.YC Combinator is trimming the number of companies in their latest class. On its own that represents headwinds for founders. On top of that Softbank is hurting. If those hundreds of millions are on the sideline that will create an even more challenging environment to fundraise in.If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Fundraising Changes And What Shopify Layoffs Can Teach Founders
Shopify's CEO was brutally (and refreshingly) honest that he made the wrong call during the pandemic which contributed to the current round of layoffs the company is executing. Founders should pay attention not only to how Shopify is broadcasting their intentions but what lead them astray in their decision-making.Fundraising continues to shift to an environment where VCs have more leverage. If you're raising money there are still ways to make your company stand out. They require ruthless transparency and an understanding of the biggest challenges your company may face.Paul is hammering away at a new version of Beacon that should be awesome. To be continued....If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Under The Hood Of Beacon And Who Wins When Twitter Sues Elon?
Paul and Ed are both struggling with tech this week but in very different ways. The episode starts with Ed's e-mail server crashing. Paul waxes nostalgic about the days of setting up a new e-mail server, spam filters and all. These are truly days nobody misses.Paul is trying to figure out how to move forward with Beacon. He wants to do some serious work under the hood and also is facing a question common to many founders, how do I monetize?Lastly, Twitter is suing Elon Mush to enforce their deal. Paul and Ed wonder what good comes of this? Are there any winners or just losers?If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Paul: I Definitely Hate My First Version of Beacon
Paul's release of Beacon makes him think about Group 1 and Group 3 companies. He hates the first version of Beacon which means he probably released it at the right time. Paul sheds some light about his history of developing in public and how it informed the way he went about launching Beacon.Ed and Paul dig in a little bit to some slashed valuations and how this should impact the thinking of entrepeneurs (both founders and employees).If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
More Layoffs And A Beacon (Launch)
It's launch day! But, before that, Paul and Ed are digging into the latest round of layoffs. Over 100 companies on layoffs.fyi since they last recorded. Do employees bear some responsibility for their demise?Next up, Paul is launching a new side project called Beacon. It's a new podcast search tool that transcribes podcasts and makes key terms searchable (think "travel" or "Roe v Wade"). Discoverability is the biggest issue facing the podcast community and Beacon may be part of what changes that.If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Breaking Down Paul's Wallet And His Crypto Strategy
We're featuring a cross-over episode this week of Results Junkies and Miles to Go, Ed's travel podcast. Paul's wallet needs some serious work after a decade of neglect. We're breaking down what's in his wallet and giving him some suggestions how to rescue the situation. It's not all about beating up on Paul because his crypto strategy is pretty solid (700% plus returns). We're digging into his thoughts on the current downturn in the market and how he's playing it with his own crytpo investments.If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
What If It Was Easy To Search Podcast Content?
Paul and Ed talk about podcasts and the lack of discoverability. Will this "bottom of the funnel" tool ever move up the funnel? Paul has been working on a project to increase the ability to search podcasts. Is it too corny to say it could be a game changer?And, if it's another podcast episode in 2022, Paul and I are looking at all the layoffs that have been announced. It's a great time for companies still hirinIf you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
From Brick And Mortar To DTC. An Interview With Kolkata Chai
Paul and Ed are sitting down with Ani Sanyal of Kolkata Chai. Kolkata Chai is one of Paul's portfolio companies that he also advises. It's a perfect example of a company that, as Paul says, is at the intersection of "offline and online". Kolkata Chai has a brick and mortar location in New York City and a thriving DTC business. Ani spends an hour with Paul and Ed breaking down Kolkata Chai's growth plans.If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Rising CAC Goes Mainstream And Paul Loses A Bet
The day didn't start out well for Paul after getting stuck at the dealership for hours on end only to leave without his problem solved. That leads to a discussion of how Tesla is driving Ford to make changes on how they sell vehicles.Paul and Ed predicted that discussions about CAC would go mainstream and that time has arrived.Paul and Ed are recapping their bet on how many companies would have layoffs in the past week and it looks like Paul came out on the losing end.If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Layoffs Keep Coming And Elon Keeps Tweeting
We continue to be fascinated by the data being published by Layoffs.fyi. Lots of mid- and late-stage companies are laying off employees in the face of a very uncertain fundraising environment.Elon Musk is drawing a hard line in the sand on folks returning to the office. He doubled down on an internal letter at Tesla outlining the need for employees to return to the office with a Tweet backing it up.Paul and I are also placing bets on what the layoff pace will look like over the next week. What's your guess?If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Layoffs Continue: Over 50 Major Companies In May 2022 Cutting Head Count
The landscape is changing rapidly. There's still demand for great employees but many companies are shedding head count for a variety of reasons. Some have run out of runway and can't raise more funds. Other are just plain overstaffed as market conditions have shifted.Speaking of market conditions, the cost of diesel is wreaking havoc with shipments as well. Look for holiday shipping costs to spike and for continued disruption in the supply chain. We also discovered this layoff tracker website this week. While we can't guarantee its accuracy, much of the details there seem accurate (and sobering).If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
CAC in 2022: Stop Paying Landlords For Access To The Tenants
Paul and Ed are talking about Apple pausing their move back to the office. There seems to be plenty of controversy about the decision. Businesses are making decisions about infrastructure right now in a time of significant volatility.The market for fundraising is changing dramatically. We talked a bit about it in a bonus episode over the weekend in case you missed it.Paul asks me Ed his opinion on the new Apple watch and the Oura ring, which leads us to discuss how the two of us met.Lastly, we dig into this concept of "Don't Pay The Landlords For Access To The Tenants". It's a fascinating discussion.If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
BONUS EP: Did YC Pull The Fire Alarm?
Things are getting crazy out there and a letter from Y Combinator is circulating that illustrates what some of the smartest folks out there are thinking about right now. Y Combinator is a major accelerator program that appears to be sounding a major alarm right now. The image of the letter appears to be missing the postscript:"PS: If for any reason you believe this message does not apply to your business or you need someone to say it to you in person to believe it…please reassess your beliefs monthly to make sure you don’t. Don’t drive your business off a cliff. Also remember that you can always contact your group partners."Link to the letter.This is another clear signal that smart founders should be thinking about their business and how they're going to raise money/reduce burn ASAP.If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Don't Be 51-49. Be 90-10
Paul and Ed are looping back on a discussion a few weeks ago about the upside to investing in boring businesses. As we learned more details about the boring business fund, it brought up all sorts of questions on dominant shareholder issues and selection bias.Elon is negotiating in public for Twitter and the strategy seems to be working. And, Paul is wondering what the future of work looks like.If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
How to Prepare for Recession or Worse
Markets have been volatile lately and the value of some companies has plummeted. We've seen another mass layoff at a company that raised at big valuations. Paul and Ed are discussing how founders need to be prepared for employees who may have a wandering eye due to the dwindling value of their employee options. Employees have decisions in front of them as well. Investors can play a valuable role for founders right now.Also, did Paul break the law? He surprises Ed with a question about restaurants to wrap this week's episode.If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Are Boring Businesses The Perfect Investment Right Now?
Paul digs into a new fund built specifically to target traditional businesses (think laundromats) by purchasing them and adding technology to improve profitability. We touch on fund size, the ease of raising capital and what the future looks like if this fund is successful.Ed pitches Paul on a pitch he received recently, though without much information (to protect the innocent, of course). Why does Paul say it's insane?Lastly, Paul and Ed take a look at a new Tech Stars fund that focus on underrepresented founders of color. This fund focuses on the very early stages of these companies. Paul gets a bit fired up during the discussion.If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.
Elon Buys Twitter, Netflix Takes A Nosedive
Due to a late recording date we got to cover some things that are just happening. We dive into Elon Musk's offer to buy Twitter. Is it real? Netflix is spending more on advertising while losing subscribers. And, Google's ad revenue is up. Not a surprise when you think of the companies impacted by Apple's new privacy rules.If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.