Facebook funding anti-TikTok lobbyists with Taylor Lorenz + SEC SPAC crackdown, Fast vs. Bolt | E1422

First up, Taylor Lorenz joins to talk about her newest scoop for the Washington Post: Facebook hired a GOP firm to trash TikTok (2:18)! Then, we discuss the SEC considering cracking down on SPACs (39:40), lastly we cover Fast, a 500-person one-click checkout startup, reportedly generating less than $1M in revenue (1:01:14). 

Read Taylor's Article: https://www.washingtonpost.com/technology/2022/03/30/facebook-tiktok-targeted-victory/

Taylor Lorenz’s book: www.goodreads.com/book/show/58818667-extremely-online

FOLLOW Taylor: https://twitter.com/TaylorLorenz
FOLLOW Jason: https://linktr.ee/calacanis
FOLLOW Molly: https://twitter.com/mollywood

(00:00) Jason and Molly intro the show
(02:18) Taylor Lorenz from the Washington Post on Facebook using Targeted Victory
(11:27) Coda - The All-in-one doc for teams, get a $1,000 credit at https://coda.io/twist
(12:41) Separating the legitimate concerns from fake stories
(21:03) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist
(22:21) Measuring the likelihood of TikTok being banned in the U.S.
(31:20) Embroker - Get an extra 10% off insurance for your business at https://Embroker.com/twist
(32:37) Should journalists be encouraged to build their own brands?
(39:40) SEC meeting TODAY (3/30/22) to discuss crackdown on SPACs, specifically allowing investors to SUE over “embellished projections”
(1:01:14) Bolt’s one-click checkout competitor “Fast” having trouble raising $100M at a $1B valuation, according to The Information