4.4 • 1.3K Ratings
🗓️ 2 February 2022
⏱️ 61 minutes
🧾️ Download transcript
Another big news drop in the gaming space! Jason and Molly discuss Sony is acquiring Bungie for $3.6B (2:36). We break down what this means for Sony, Bungie’s crazy history, and if other big tech giants should look for M&A targets in gaming. Then, we talk about our startup of the day called Metafy which allows pro gamers to do 1-on-1 teaching, online for hourly rates (29:38). Finally we wrap with Shopify CEO Tobi Lütke joining Coinbase’s board (48:33).
(00:00) Jason & Molly tee up the topics, Sony's big acquisition, Metafy
(02:36) Sony is acquiring Bungie for $3.6B & Bungie history
(10:41) Boast - Get your R&D tax credits without the hassle at https://boast.ai/twist
(11:58) Other big tech giants should look for M&A targets in gaming
(19:46) OpenPhone - Get an extra 20% off any plan for your first 6 months at https://openphone.com/twist
(21:27) Current console pricing and Big Tech competition
(29:38) Startup of the day - Metafy is company where pro gamers to do 1-on-1 teaching online for hourly rates
(32:07) RealGoodFoods - Go to https://realgoodfoods.com and use code TWIST for $15 off!
(33:39) Breaking down Metafy's raise and investment terms
(42:11) Jason explains how Blayze is another example of pro-coaching for athletic training
(48:33) Shopify CEO Tobi Lutke joining Coinbase’s board
(01:10:11) Learn what's going on at TWIST
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FOLLOW Molly: https://twitter.com/mollywood
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0:00.0 | Hey, everybody, welcome to the show. We're doing news again today because there's another big news drop in the gaming space. |
0:06.9 | Bungie makes destiny. They were the original creators of Halo, which is now owned by Microsoft. Microsoft, as you know, recently bought Activision Blizzard. What is Sony gonna do? Oh, no! |
0:18.3 | Buy Bungie, but not Halo. So we're gonna break down a little bit what this means for Sony, what it means for the gaming industry at large. |
0:25.5 | This weird interconnected web of gaming studios, how they work together. And if other big tech giants should look for M&A targets in gaming. Yeah. |
0:35.2 | Win-win. And then we're gonna talk about our startup of the day. It's called Metify and they allow pro gamers to teach newbies one-on-one for an hourly rate. It's very similar to a portfolio company that we'll talk about as well called Blaze. |
0:47.5 | That does something similar for athletic training. So it's never been a better time to be a creator. And we talk about the entire creator economy. |
0:55.2 | And basically this new Mendici effect we're seeing where people can work from home, make a podcast, be a creator, be on Twitch, and make tons of money or enough to not go to work. |
1:07.0 | It is a great world. And then finally we wrap with Shopify CEO Toby Luki joining Coinbase's board as Coinbase continues to basically staff up for, I don't know, world domination. |
1:18.8 | And and are so many interviews coming this week. It's gonna be a blockbuster week for this week and start ups. It's gonna be a great show today. |
1:27.3 | Stick with us. Stick with us. Yes. |
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1:43.0 | BOST helps you get that money quickly and easily. And the first 50 customers will get 10% off their first year by mentioning promo code twist at boast.ai slash twist. |
1:55.7 | Open phone. As a startup founder, a lot of mistakes are easy to roll back. But using your personal cell phone number as your company number isn't one of them. |
2:04.4 | Open phone makes it easy to get business phone numbers for you and your team right on top of your existing devices. |
2:11.2 | Visit openphone.co slash twist to get 20% off your first six months. And real good foods is modernizing frozen foods and has become one of the fastest growing brands in the US. |
2:25.0 | Everything real good foods makes is low in carbs, high in protein and made from real food ingredients. Go to realgoodfoods.com and use code twist for 15% off. |
2:36.4 | All right, everybody. Let's get to the news. There is a lot of it. More news in the world of gaming. This was actually breaking during the Monday show. And we just put not get to it for obvious reasons. |
2:46.9 | So much news. |
2:48.7 | But in a video game acquisition tit for tat Sony announced yesterday that it's going to acquire video game developer Bungie for 3.6 billion dollars. Bungie, of course, creators of the popular first person tutor destiny. |
3:02.4 | The original makers of Halo. But I'm sorry to say because Halo is my game. I actually got very excited about this and was like, good job. But I had forgotten that like Halo is actually with Microsoft, which we'll get to later. |
3:14.9 | They don't get Halo, but they do get destiny. How do we feel about this as a counter to Microsoft's Activision Blizzard purchase? |
3:21.7 | Yeah, I mean, I am not a console gamer. I'm a desktop gamer and I play realtime strategy like Starcraft and Age of Empires, old school. |
... |
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