Crypto Updates: Voyager files bankruptcy, Celsius pays debt, + Jason Q&A | E1501
This Week in Startups - A podcast by Jason Calacanis
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Molly is out today, but don’t worry- we still have crypto news to cover. Crypto firm Voyager Digital filed for bankruptcy (2:14), and crypto loan company Celsius paid some debts (10:43). Finally, Jason takes some questions in today’s Ask Jason segment (25:35)! Voyager Bankruptcy Filing: https://cases.stretto.com/public/x193/11753/PLEADINGS/1175307062280000000036.pdf (0:00) Jason introduces today's show! (2:14) Crypto Update: Voyager Digital filed Chapter 11 bankruptcy late last night (9:31) Embroker - Get an extra 10% off insurance for your business at https://Embroker.com/twist (10:43) Celsius just unlocked 2000 “wrapped Bitcoin” (~$40M worth) by paying down ~$183M of debt to another crypto lender (24:21) Thorne - Personalized, science-back wellness. Get 10% off your first order at thorne.com/u/TWIST. (25:35) Ask Jason: Jason answers your questions (26:27) Would you ever apply to Shark Tank as a judge or create your own version with the besties? (29:23) Trying to bootstrap as long as possible, but when is it ok to quit your day job? (34:16) Indochino - Get $50 off any purchase of $399 or more by using code TWIST at checkout https://www.indochino.com (35:34) When a previous investment asks for more money, how do you decide whether or not to double down? (41:56) I’m about to raise a seed round… should growth be the target or generating positive cash flow? (45:04) What current FAANG CEOs would you like to interview? What insights would you look for? (48:00) What are “pre” and “post” money? (48:43) Do you entertain pro-rata multiples? (58:31) How is the electric bike effort going? (1:04:00) What Gen Z startups have excited you from the OK Boomer segment or your staff? (1:11:31) Outro + Plugs