Coinbase cuts 20%, Microsoft to invest $10B into OpenAI & Ascend Elements CEO Mike O’Kronley | E1654

Molly and Jason discuss the news that Coinbase is doing another 20% RIF. (6:50) Then they discuss the announcement that Microsoft is investing $10B into OpenAI with some pretty favourable terms. (27:19) After, Molly and Jason chat about Make Sunsets’ plan to cool the planet and Enpal, a German solar panel company raising money at a $2.4B valuation. (46:56) Then we wrap with this year’s first edition of TWiCS featuring Mike O’Kronley, CEO of Ascend Elements. (1:00:56) (0:00) M+J kick off the show (2:10) Atmospheric rivers and the chaos in California (6:50) Coinbase does another 20% RIF (11:56) Vanta - Get $1000 off your SOC 2 at https://vanta.com/twist (13:03) The future of employment in tech (21:50) Mixpanel - Apply for $50K in credits at https://mixpanel.com/startups (23:16) The perfect amount of founders (27:19) Microsoft is invests $10B into OpenAI (32:46) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/TWIST (34:10) OpenAI going from a non-profit to a for-profit + What is roundtripping? (46:56) Make Sunsets raises $750K to do what?! (53:05) Enpal raises at a $2.4B valuation (1:00:56) TWiCS: Mike O’Kronley of Ascend Elements FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood