This Week in Startups
00:08:16 · Jason Calacanis, Lon Harris
[00:08:16] S0: Well, let's read it up. [00:08:16] S2: He believes that our our new governor is going to pass laws that ensure that all newly permitted data centers going forward for delivery in 2028 and '29 will pay taxes, commit to no increase in power prices for consumers, won't impact water availability, and will be constructed with union labor and give Texans a seat at the table. He says all of this sounds very reasonable to him.
00:08:38 · Jason Calacanis
[00:08:38] S0: Yes. And he's actually correct. What we know is the Democrats do... They may wanna posture that they're anti data centers, anti AI, anti capitalism, all this socialist stuff, but they need to govern at the center because you need jobs. Right? You need economic growth. If you slow this trade down, we're gonna go into a recession Right. Or worse, and it could be an extended recession. We're gonna be talking about two or three or four years. That's gonna be blamed on the Democrats already today. The dialogue with the crash is people realize the Democrats are Democrats are anti data center, anti growth. They're decelerists. And, I think that needs to be worked out right quick. That's why you see, the governor coming out and saying what she's saying. And there's a really easy middle ground here. Guarantee water, electricity are, sustainable, clean, that there's no pollution, pay your taxes, create jobs, donate money to the local community. The end. If you do all those things, there will be a competition for these data centers. Increase your offer like Facebook and Meta have been doing. Just increase your offer to each community. Give them more toys. You give them more toys, and you just be a good neighbor. What does it mean to be a good neighbor? Noise, pollution, smells, and energy. Just don't f around when you put in a data center. So I think today's chaos in the markets is overblown. I think it's a incredible noninvestment advice. I think it's a generational time to buy. So if you have a little cash around Lon, this would be a great time to nibble on an Nvidia, on an Amazon, an Uber, a Tesla.
00:10:19 · Lon Harris, Jason Calacanis
[00:10:19] S2: Yeah. Picked up SpaceX. I picked up some discounts today. [00:10:22] S0: Oh, look at you. [00:10:23] S2: Yeah. Well, that's the plan. That's the only way I've ever found to make any money in stocks. The the, like, Warren Buffett, like, think about the future. Like, I never made any of that work, but wait until companies you think are fundamentally strong have a big dip. Yeah. Buy the dip. That's it. That'll work. [00:10:39] S0: It's buy the dip always. [00:10:40] S2: It works every time. [00:10:41] S0: It works every time. [00:10:42] S2: So that's my
00:10:42 · Lon Harris, Jason Calacanis
[00:10:42] S2: So that's my Ad[00:10:43] S0: my feeling on the data center stuff. Let's continue on our election review in Jay Cal's... Yeah. I have Jay Cal's position on this. I have... Yeah. People have been asking me like crazy. I'm gonna be on Jesse Watters. I'm interested in it. Odoo is the all in one management software that brings everything you need into one easy to use platform, and founders already know it's gonna save a lot of their valuable time. But I wanna spend just a few minutes exploring one of these real apps with you that you get access to when you sign up for Odoo. Let's check out Odoo Discuss. This is where Odoo brings together all of your text conversations, your voice notes, your documents, and any other updates you have into one easy to scan dashboard. No more deep dive searches trying to find the specific message you remember reading the other day or flipping between 18 tabs to make sure every member of the team is up to date. No. Odoo helps you record and transcribe meetings and calls right in your sidebar with results automatically updated once they're ready. Yes. Odoo Discuss built into the platform. So if you're still cobbling together your back office across five different apps, get started today at odoo.com/twist, and your first app is free. That's the right price. That's odoo.com/twist. Give it a shot.
00:11:56 · Lon Harris, Jason Calacanis
[00:11:56] S2: Alright. Well, there you go. I... I've got I've got a lot more clips if you wanna take a a trip through memory lane. We've got Sure. Let's bring up... So here was you. I I... Well, one thing that interested me over the last few days of going over the last two years of clips and looking for this stuff is you were very early. Like, January, February 2025, right after Trump took office, you came out and your first few shows of the Trump two point o administration, you were saying there's a lot on this agenda I like. I think he could do a lot of positive things. I'm worried about... And you would literally list all the things. You were I'm worried about grifting. I'm worried about he'll lose focus. I'm worried about... You know, like, you you... You're very, very smart. So one of the the early things that you were, jumping on were these meme coins. Here's a clip. This is February 18 [00:12:42] S0: about this. [00:12:43] S2: 2025. So this [00:12:44] S0: is Trump's been in office [00:12:45] S2: for a month, and this is Jason Coffeezilla talking about his new meme coins.
00:12:45 · Lon Harris, Jason Calacanis
[00:12:45] S2: for a month, and this is Jason Coffeezilla talking about his new meme coins. [00:12:50] S0: Oh, Coffeezilla. Shout out. Yeah. Yeah. Here's a spicy take. Trump shouldn't have launched meme coins because my belief is we went from a too restrictive crypto space with Gary Gensler, too restrictive. I'm gonna make two very important points. Okay. Number one, this mess can be easily solved. Number two, the people who are charged with fixing the mess should not punch me in coins in the interim while we're cleaning it up. So there's an easy solution, and I wanna walk through that. But then second, if you're a leader like Trump, or I guess maybe Eric Trump is the person doing this inside the family running... There's an organization which is their crypto thing. And it's fine. If Eric Trump wants to be the crypto king, if he wants to be the crypto prince of the Trump empire, that's totally cool. He's a civilian. He can go do whatever he wants, but he does have the Trump name. Yeah. And you're just becoming president and you've got a mandate. And there's a set of things that you were sent to Washington to do. The Trump family was not sent to Washington to launch a meme coin. [00:14:07] S2: You know, just like it feels very prescient now to look back. It's like two years ago, you were saying like... And then corruption ends up at the exit polls being, you know, one of the main things that drove people to come out. [00:14:18] S0: Is it really? Yeah. I I I haven't been on top of all the things people are saying coming out of the exit polls.