Bestie Q&A! David Sacks breaks down the Burn Multiple: How to Manage Burn at a Startup

fast-growing startups are not expected to be profitable

but, it's important to make sure your company is burning cash efficiently so you don't go off the rails

formula:

burn multiple = net

JUDGE SACKS SAYS: GUILTY!

David Sacks lays down the law on ScarJo vs OpenAI

'If they never reached out to Scarlett, they could claim it's just a coincidence. But they called her... twice!'

'They called her some months before and then two days before, which indicates panic.'

more bestie Q&A today!

next up is David Sacks

what questions do you have for him?

Bestie Q&A: @jason breaks down what happened to all those 'Day in My Life Working in Tech' TikToks...

During peak ZIRP (late 2020-early 2022), these kinds of videos were all over TikTok and Instagram

They mostly showed off amazing perks... and very little work

Jason's take:

.David Sacks on Building Apps in the Age of AI:

'If you're an app developer, the key thing to understand is where does model innovation end and your innovation begin?'

'Because if you get that wrong, you'll end up doing a bunch of stuff that the model will just obsolete in a

recording another bestie Q&A today!

what questions do you have for @jason?

e179: besties are BACK with a classic episode

(0:00) intros: recapping phil_hellmuth's birthday weekend

(7:38) @openai launches gpt-4o: better, faster, cheaper

(29:40) sacks demos @glueai: how ai unlocked his slack killer

(40:12) david friedberg walks through his major

.David Sacks explains the 'Rise of the Woke Right'

Sacks on college protests sweeping across the US:

'The Constitution of the United States in the First Amendment provides for the right of assembly, which includes protest and sit-ins, as long as they're peaceable.'

'Now,

Universal Basic Compute: UBI Reimagined in the Age of AI, according to Sam Altman

On last week's podcast, Sam Altman proposed a spin on traditional UBI:

'Now that we see some of the ways that AI is developing ... I wonder if the future looks something more like universal basic

.Sam Altman describes the two approaches for AI assistants:

1) the 'self extension'
-- a 'ghost' of the user that acts on their behalf
-- ex: autonomously replies to emails
-- 'it becomes more me, and is me.'

2) the 'senior employee'
-- has the kind of relationship with the user

Three years to get to 500k subscribers. No shortcuts, just consistent effort.

Now the march to 1M and a HUGE blowout in Vegas!

Thanks to all our supporters. ❤️

AI Gene Editing Has Been Open Sourced

david friedberg explains:

'Every single life sciences lab on Earth is using (gene editing) technology today.'

'It has changed everything. It has reset the trajectory of human health, of agriculture, and of industrial biotechnology.'

'We

the besties recently shared their steve jobs stories...

as a tech journalist during the 'peak steve jobs' era, @jason had a bunch of run-ins with the legend

why? because jobs was 'full contact' with the press!

but none were captured quite like this one! 😅