Meta to send notifications to users in the EU, Chronosphere acquires Calyptia

Top News

Meta plans to send notifications to users in the EU where the Digital Markets Act applies, offering them more choice over how they can use its services. - Link

Chronosphere, a startup that offers a cloud-native observability platform, announces that it has acquired Calyptia. - Link

TikTok has been experimenting with an auto-scrolling mechanic for months now, allowing you to watch TikTok hands-free. - Link

New MIT CSAIL study suggests AI will not steal as many jobs as expected, finding that most jobs at risk of AI displacement are not “economically beneficial” to automate. - Link

Japan plans to use avatars, robots, and AI in construction, trucking, farming, and retail to alleviate an estimated labor shortage of 11M people by 2040. - Link

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Advice of the Day

Why You Should Hire Divas

Former Google CEO, Eric Schmidt, advocates hiring "divas," exceptionally talented individuals who may be demanding and controversial, but drive excellence and passion in a company. He distinguishes these divas from "knaves," who are harmful due to their lack of integrity and team spirit. In Schmidt's view, divas, like Steve Jobs, should be tolerated and even protected as long as their contributions outweigh the challenges they bring. This approach is based on the belief that their unique qualities and high standards can lead to significant achievements and advancement for the company, despite potential cultural clashes. - Link

Startup Demo of the Day:

Bonkers is a tool that turns words and thoughts into pictures, illustrative posters, and ad banners. Marketers and content creators can type in a description and the tool brings the words to life.

Founder University is a 12-week pre-accelerator program run by Jason/LAUNCH for builder founders. We're investing $25k in 20-30 companies from Cohort 7. Apply at founder.university/letsbuild.

This Week in Startups

E1883: David Weisburd and guests delve into various aspects of the venture capital landscape, discussing positive trends in startup valuations for 2024, current valuation methods, and key considerations for investors. The conversation also explores strategies for securing competitive deals, examines controversial practices like round-tripping, and highlights recent developments in the industry, such as Lexington's successful $22.7 million secondary investment raise and increased mergers and acquisitions activity. - Watch

E1882: Joshua Berkowitz from Berkocorp joins host Jason to discuss various facets of VC and fundraising. They cover why family offices are increasingly diversifying into VC, focusing on aspects such as higher returns and the entrepreneurial element. The conversation also explores how venture firms make decisions, weighing consensus against individual decision-making, and what it takes for a VC fund to succeed. - Watch

E1881: Flexport's CEO, Ryan Petersen, covers topics including the company's focus, pick-and-pack economics, global logistics challenges, the Red Sea Crisis impact, trends in sourcing, and the effects of the market collapse on CEO transition. The conversation also touches on leadership challenges, decisions on going public, and the state of the global workforce and remote work. - Watch

E1880: Sunny joins Jason to discuss CES, emphasizing AI's role. They review the Rabbit device and its impact, evaluate Rabbit R1 and purpose-built devices, and explore AI integration with Large Language Models. Sunny demos Elli Q for the elderly and showcases a kid-friendly smartphone. The GPT store launch is highlighted, focusing on its disruptive potential using All Trails as a case study. - Watch

E1879: David Weisburd hosts Michael Kim and Jason Calacanis in a discussion about the world of VCs, LPs, and GPs. They explore topics such as doubts LPs may have about VC startup valuations, Jason's LP strategy, best practices in LP portfolio management, evaluating different GP strategies for secondary deals, and the challenges of starting a new firm. - Watch

This Week in Startups Paid Partnerships

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Lemon.io helps you hire vetted engineers from Europe. Go to Lemon.io/twist to get 15% off for the first 4 weeks.