This Week in Startups is brought to you by… Gusto is easy online payroll, benefits, and HR built for modern small businesses. Get three months free when you run your first payroll at https://www.gusto.com/twist Oracle - Oracle Cloud Infrastructure, or OCI, is a single platform for your infrastructure, database, application development, and AI needs. Save up to 50% on your cloud bill at ⁠https://w⁠⁠⁠⁠ww.oracle.com/twist Linear. Linear helps product teams focus on what they do best: Planning and building great products. Streamline issues, projects, and product roadmaps in a tool your team will actually enjoy using. Get 25% off at https://www.linear.app/twist * Todays show: M.G. Siegler joins Jason and Alex to discuss the current venture capital crisis (14:11), and challenges in the venture industry, particularly in early-stage returns and high valuations (18:42). They also address future exits and the impact of regulatory measures on M&A (27:14), Google's antitrust case (49:08), and much more! * Timestamps: (0:00) M.G. Siegler joins Jason and Alex (5:05) M.G. Siegler's journey from journalism to venture capital (8:33) Differences between journalism and venture capital (10:02) Gusto - Get three months free when you run your first payroll at https://gusto.com/twist (11:02) Media training and transparency in companies (14:11) Venture capital's current state and CRV's capital return (16:23) Challenges and opportunities in the venture industry (18:42) Early stage venture returns and the impact of high valuations (21:42) Oracle - Try OCI and save up to 50% on your cloud bill at at https://w⁠⁠⁠⁠ww.oracle.com/twist (23:07) Future exits and liquidity evaluations in startups (27:14) Acquisitions, hackquisitions, and regulatory impact on M&A (34:09) Venture capital dynamics and fundraising during market downturn (35:48) Predictions for the startup market recovery (38:02) Linear - Streamline issues, projects, and product roadmaps in a tool your team will actually enjoy using. Get 25% off at https://www.linear.app/twist (38:57) AI competition among tech giants and Meta's hardware challenges (45:47) Venture capital dynamics and favorite AI tools (49:08) Google's antitrust case (55:25) Possible effects of opening Google's search API (1:03:41) Potential Google spin-offs (1:06:27) Audience Q&A * Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com Check out the TWIST500: https://www.twist500.com * Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Mentioned on the show: https://www.cnbc.com/2024/10/08/doj-indicates-its-considering-google-breakup-following-monopoly-ruling.html https://spyglass.org/vc-crisis * Follow M.G. Siegler: X: https://x.com/mgsiegler LinkedIn: https://www.linkedin.com/in/mgsiegler/?originalSubdomain=uk Check out: https://www.spyglass.org * Follow Alex: X: https://x.com/alex LinkedIn: ⁠https://www.linkedin.com/in/alexwilhelm * Follow Jason: X: https://twitter.com/Jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Thank you to our partners: (10:02) Gusto - Get three months free when you run your first payroll at https://gusto.com/twist (21:42) Oracle - Try OCI and save up to 50% on your cloud bill at at https://w⁠⁠⁠⁠ww.oracle.com/twist (38:02) Linear - Streamline issues, projects, and product roadmaps in a tool your team will actually enjoy using. Get 25% off at https://www.linear.app/twist * Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups Substack: https://twistartups.substack.com