OpenAI Chaos Continues with Sunny Madra and David Sacks | E1852

This Week in Startups is brought to you by…

NetSuite. Once your business gets to a certain size the cracks start to emerge.  Things you used to do in a day take a week. You deserve a customized solution - and that's NetSuite. Learn more when you download NetSuite's popular KPI Checklist - absolutely free, at NetSuite.com/twist

LinkedIn Marketing. To redeem a $100 LinkedIn ad credit and launch your first campaign, go to linkedin.com/thisweekinstartups

Brave. If you're building AI and search-based applications, train your models with the Brave Search API. Get started for free at brave.com/jason

Today's show:

Sunny Madra and David Sacks join Jason to break down all the chaos of the past few days at OpenAI including why the situation is so unprecedented (17:46), the board's failure (30:18), the impact on startups (43:34), and much more!

*

Time stamps:

(0:00) Recapping the chaotic past few days at OpenAI plus some immediate impacts from the fallout

(16:43) NetSuite - Download your free KPI Checklist at http://netsuite.com/twist

(17:46) David Sacks joins the show and explains why this situation is so unprecedented in Silicon Valley

(28:51) LinkedIn Marketing - Get a $100 LinkedIn ad credit at https://linkedin.com/thisweekinstartups

(30:18) How the board could have handled this better, Sam Altman's misaligned incentives packages (or lack thereof)

(37:14) Silicon Valley's battle-tested standard structure, and why you shouldn't innovate on corporate structure

(42:20) Brave - Try the Brave Search API at http://brave.com/jason

(43:34) Impact on startups reliant on OpenAI's models, a brutal momentum killer for OpenAI

(50:39) Predictions: Return of the King? Mass Exodus? Something else?

*

Follow Sunny: https://twitter.com/sundeep

Follow Sacks: https://twitter.com/DavidSacks

*

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 Jason:

Twitter: https://twitter.com/jason

Instagram: https://www.instagram.com/jason

LinkedIn: https://www.linkedin.com/in/jasoncalacanis

*

Follow TWiST:

Substack: https://twistartups.substack.com

Twitter: https://twitter.com/TWiStartups

YouTube: https://www.youtube.com/thisweekin

*

Subscribe to the Founder University Podcast: https://www.founder.university/podcast