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This Week in Startups

Tech Earnings Breakdown: $UBER, $LYFT, $KIND with TechCrunch's Alex Wilhelm | E1845

1 tim 19 min11 november 2023

This Week in Startups is brought to you by…


NetSuite. Once your business gets to a certain size the cracks start to emerge.  Things you used to do in a day take a week. You deserve a customized solution - and that's NetSuite. Learn more when you download NetSuite’s popular KPI Checklist - absolutely free, at NetSuite.com/twist

Miro. Working remotely doesn’t mean you need to feel disconnected from your team. Miro is an online whiteboard that brings teams together - anytime, anywhere. Go to https://miro.com/startups to sign up for a FREE account with unlimited team members.

Arising Ventures is a holding company that acquires tech startups facing setbacks. Arising Ventures knows what founders care about because they aren’t bankers, they are tech founders themselves! Go to http://arisingventures.com/TWIST

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Today’s show:

TechCrunch's Alex Wilhelm joins Jason to break down the latest earnings reports from Uber (4:04), Lyft (24:28), and Nextdoor (44:15). Then, the two dive into WeWork's failed business model (1:01:44), the viability of various careers as AI advances (38:33), and much more!

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Time stamps:

(0:00) Tech Crunch’s Alex Wilhelm joins Jason

(4:04) Uber’s earning report

(7:04) Pirate cut-throat mentality analogy and the money-ball system

(10:11) NetSuite - Download your free KPI Checklist at http://www.netsuite.com/twist

(11:12) Did the press get Uber’s Earnings report right?

(17:39) Uber and the J-Curve

(20:29) Miro - Sign up for a free account at https://www.miro.com/startups

(22:17) Uber, China, and DiDi

(23:14) ZIRP environment playbook to own a market

(24:28) Lyft gets a participation trophy

(25:22) Comparing Lyft to Uber’s Revenue (Quarterly)

(27:53) Labor availability

(31:05) Arising Ventures - head to http://www.arisingventures.com/TWIST to learn more and connect with the team

(32:15) Immigration policy and a record-low unemployment

(37:37) The underground economy

(38:33) AI effects on unemployment

(39:12) Let’s build new cities!

(44:15) NextDoor earnings

(55:34) A case for hiring remotely

(59:13) Combining remote work with the power of AI

(1:01:44) Clip from TWiST E969 with Alex about WeWork

(1:04:22) Earnings “supplements”

(1:07:35) When Alex discovered business as a youth

(1:14:18) A South Park clip!

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Check out TWiST E969: https://www.youtube.com/watch?v=aM1DDVq3_vs

Follow Alex: https://twitter.com/alex

* Read LAUNCH Fund 4 Deal Memo: https://www.launch.co/four

Apply for Funding: https://www.launch.co/apply

Buy ANGEL: https://www.angelthebook.com

Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland

Check out Jason’s suite of newsletters: https://substack.com/@calacanis

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Follow Jason:

Twitter: https://twitter.com/jason

Instagram: https://www.instagram.com/jason

LinkedIn: https://www.linkedin.com/in/jasoncalacanis

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Follow TWiST:

Substack: https://twistartups.substack.com

Twitter: https://twitter.com/TWiStartups

YouTube: https://www.youtube.com/thisweekin

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