Golden Advice for Founders: Insights from Jason Calacanis on Navigating Chaotic Environments and Building Successful Startups
Jason and his partner encourages founders to focus on getting customer sessions done and upselling, rather than constantly adding new features to their website.
Jason Starts Off With Golden Advice for Founders
Jason Calacanis started off with talking about the chaotic weekend, citing past cataclysmic events like COVID-19, the dot com crisis, and others. Despite the chaos, the government has done a good job of backstopping Silicon Valley Bank and Signature Bank he opened with.
It was expressed that external events can impact VC funding, startup hiring, and spending environments, but great startups and companies are built through all of these events.
10 Startups, Introduced. Here Is a Run Down.
OpenSpot is a cloud-based waitlist platform that quickly adds new patients without phone calls or voicemails.
Finse is a marketplace that provides access to financial coaches and specialists without the pressure of buying financial products or meeting asset minimums.
Monarch AI, a startup using AI to create a self-insured pool of insurance.
Jason and his partner encourages founders to focus on getting customer sessions done and upselling, rather than constantly adding new features to their website.
Outmost takes a commission on the transaction Outmost also offers a verification service for sellers to ensure that their gear is in good condition and authentic Jason and Mike were impressed with the idea and asked about the competition Mike explained that there were a few other marketplaces for outdoor gear, but Outmost's focus on quality and authenticity set them apart.
Jason and Mike also suggested that Outmost consider offering a rental option for gear, which could be a lucrative additional revenue stream. Overall, Jason and Mike were impressed with the pitch and saw potential for Outmost to become a successful marketplace in the outdoor gear industry.
PaySquad payment app that allows users to easily pay bills and transfer money to friends and family. With a user-friendly interface and advanced security features, PaySquad is quickly becoming a go-to app for managing finances. The app currently has over 100,000 users and is projected to continue growing. PaySquad plans to expand its services to include investment options and other financial tools in the near future. Overall, these summaries highlight a range of innovative products and services that leverage AI, social media, and other technologies to improve people's lives and solve real-world problems.
Promptify is an AI prompts marketplace that allows prompt engineers to turn their GPT prompts into paid APIs without opening an IDE. This differentiates Promptify from its competitors.
Capsule is a service designed to help parents stay connected with their children during COVID. It is delivered in 43 years and can be paid for in advance. The shared ownership feature allows for a portion of an asset to be earned.
Renegade is a gaming company that appears to be a hardware company. They are always looking for new events for corporate outings.
Argyle has received the most votes from venture capitalists or investors and is considered the most successful.
HOA Messenger has early traction and a strong pedigree, which could be an indicator of future success.