YC reduces S22 batch by 40%, $HOOD RIF, $MSTR CEO change, $ABNB earnings + Blueprint Part 4 | E1525

BIG show! First up, our co-hosts break down why YC cut its summer cohort size by 40% (2:13), Robinhood letting go 23% of its employees (12:40), Michael Saylor out as MicroStrategy CEO (32:09), and Airbnb earnings. (42:07) Then, Jason is back with another edition of The Blueprint, where he covers the benefits of having a bias for action! (48:52) (0:00) Jason and Molly intro today's topics! (2:13) Y Combinator cuts its Summer 2022 batch size by 40%: what does this mean for the early-stage market? (11:35) iTrust Capital - Visit https://itrust.capital/twist to create your Crypto IRA today (12:40) Robinhood terminates 23% of employees: RIF vs layoff vs furlough explanation (27:42) Brave - Download today at https://brave.com/twist to browse faster, search privately and so much more (29:02) Jason gives a Jay Trading recap and lays out his reasons for doing it (32:09) Michael Saylor steps down as MicroStrategy CEO (39:14) Visa - Learn more about Visa’s online Small Business Hub at Visa.com/smallbusinesshub (40:10) Jason's predictions for MicroStrategy's direction (42:07) $ABNB earnings, comparing $ABNB and $UBER p/s, $COIN and $HOOD p/s (48:52) The Blueprint Part 4: The Benefits of Having a Bias for Action (54:12) How bias for action relates to other cognitive biases (1:02:50) How founders can have a bias for action: Product velocity