Hey, everybody. Hey, everybody. We have a jam packed all new show for you today.

We're gonna talk about Peter teal stepping down from Facebook's board. Does it mean that Facebook is even weaker?

And what is Peter gonna do next? And speaking of Facebook's board, we look at an exchange from 2016.

And apparently everybody forgot about between Mark Andreessen and Mark Zuckerberg then. We covered Joe Launstale's op-ed in the Wall Street Journal where he claims

AWS should be split off from Amazon store. Would you like these two entities more if they were split up? Would that be better for competition?

We're gonna double click on that and we've got some interesting takes on it. And then obviously it wouldn't be a day in 2022.

If we weren't talking about either Peloton or Spotify, in this case, it's Peloton, the continued chaos, the CEO stepping down.

They let off 2800 people, which is about 20% of these surprisingly large workforce.

And it's just me and they're angling for an acquisition or just cleaning up the balance sheet and so turn around attempt. We'll get into that.

And of course, it is this weekend's start-up. So we have a start-up of the day, a very interesting browser software with a very big valuation for a pre-revenue company.

We're gonna cover it all and more today. It's gonna be a great show.

Stick with us.

This weekend's start-ups is brought to you by Squarespace. Turn your idea into a new website.

Go to squarespace.com slash twist for a free trial. When you're ready to launch, use offer code twist to save 10% off your first purchase of a website or domain. Marlow.

Every founder should have a coach to help them become more effective at managing and leading their teams.

Get 15% off your coaching membership at getmarlow.com slash twist.

And Indochino makes custom fitted suits, shirts, and casual wear at affordable prices. Shop for your next best look or book a virtual style consultation at Indochino.com.

Right now you can get $50 off any purchase of $399 or more by using code twist at checkout.

Peter Tiel is stepping down from Meta's board. That's also the company formerly known as Facebook after almost 17 years of service yesterday met a published a press release announcing Tiel will be retiring from Meta's board at their 2022 annual shareholder meeting.

He's been on the board since April 2000. I'm gonna guess he was the first board member who obviously was the first investor. Meta stock was down another 2% in early trading.

I don't think related to this at all. Tiel gave the following quote in the release.

It has been a privilege to work with one of the great entrepreneurs of our time, Mark Zuckerberg's intelligence, energy, and conscientiousness.

...