AI investments, VC ecosystem geography, and VC hypocrisy | E1956

This Week in Startups is brought to you by… Squarespace. Turn your idea into a new website! Go to http://www.Squarespace.com/TWIST for a free trial. When you’re ready to launch, use offer code TWIST to save 10% off your first purchase of a website or domain. OpenPhone. Create business phone numbers for you and your team that work through an app on your smartphone or desktop. TWiST listeners can get an extra 20% off any plan for your first 6 months at https://www.openphone.com/twist⁠ Lemon.io. Hire pre-vetted remote developers, get 15% off your first 4 weeks of developer time at https://Lemon.io/twist * Todays show: David Weisburd hosts Jaime Matus, Michael Eisenberg, and Jason Calacanis to discuss AI investments and the potential washout of overfunded startups (4:11). They also touch on VC hypocrisy (38:47), and the role of geography in the VC ecosystem (54:53). * Timestamps: (0:00) David Weisburd intros Jaime Matus, Michael Eisenberg, and Jason Calacanis (4:11) Pitchbook data summarizing the total amount of capital invested in AI (12:12) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at http://www.Squarespace.com/TWIST (16:33) Predicting a washout of overfunded AI startups and sky high valuations (25:30) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist⁠ (26:57) Discussing Michael Eisenberg's career and investment experiences (37:22) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist (38:47) Discussion on Greg Isenberg's tweet about VC hypocrisy (54:53) Fundraising rankings by ecosystem * Follow Jaime: X: https://x.com/JaimeMatusVC LinkedIn: https://www.linkedin.com/in/jaime-matus Check out: https://www.invariantes.com * Follow Michael: X: https://x.com/mikeeisenberg LinkedIn: https://www.linkedin.com/in/mieisenberg Check out: https://aleph.vc * Follow David: X: ⁠https://twitter.com/DWeisburd⁠ LinkedIn: ⁠https://www.linkedin.com/in/dweisburd⁠ Check out: ⁠https://10xcapital.com * Follow Jason: X: ⁠https://twitter.com/jason⁠ Instagram: ⁠https://www.instagram.com/jason⁠ LinkedIn: ⁠https://www.linkedin.com/in/jasoncalacanis * Thank you to our partners: (12:12) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at http://www.Squarespace.com/TWIST (25:30) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist⁠ (37:22) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist * Check out the Launch Accelerator: https://launchaccelerator.co * Check out Founder University: https://www.founder.university * Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * 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 * Follow TWiST: Substack: https://twistartups.substack.com Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups * Subscribe to the Founder University Podcast: https://www.founder.university/podcast