The LA Fire's Cost and the U.S. Jobs Report | E2070
This Week in Startups
Jason Calacanis
4.4 • 1.3K Ratings
🗓️ 10 January 2025
⏱️ 56 minutes
🧾️ Download transcript
Summary
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Today’s show: Jason and Alex cover the LA wildfires and their eventual total cost, as well as the U.S. jobs report and the rise of static team size in tech.
(0:00) Jason and Alex kick off the show. (1:45) Jason’s trip to Japan (3:09) Ski industry disputes and resolutions (9:51) Northwest Registered Agent. For just $39 plus state fees, Northwest will handle your complete business identity. Visit https://www.northwestregisteredagent.com/twist today. (11:07) Ongoing fires in LA, federal aid, and insurance challenges (18:18) Startup Stand Insurance's wildfire risk simulation
(20:18) Atlassian. Head to Atlassian.com/Startups/TWiST to see if you qualify for 50 free seats for 12 months. (24:48) Could people sue the state of California over the wildfires? (29:32) Analysis of California government competence (29:37) LinkedIn Ads. To redeem a $100 LinkedIn ad credit and launch your first campaign, go to http://www.linkedin.com/thisweekinstartups (34:56) Economic impact of job report, inflation, and Trump administration policies (42:31) Inflation's psychological effects and tech industry responses (46:03) Static team size and its effect on the labor market (50:13) Impact of automation and AI on startups and the job market (54:08) TikTok's Supreme Court case begins
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Links to topics that were discussed on the show:
Iwanai Ski Resort: https://iwanairesort.com/
Stand Insurance: https://www.inc.com/bruce-crumley/how-a-startup-plans-to-offer-coverage-to-high-risk-homeowners-dropped-by-big-insurers/91067831
U.S. Jobs Report: https://www.bls.gov/news.release/empsit.nr0.htm
Salesforce Job Freeze: https://www.businesstoday.in/technology/news/story/this-big-tech-company-has-stopped-hiring-coders-due-to-boost-provided-by-ai-460260-2025-01-10
Thank you to our partners:
(9:51) Northwest Registered Agent. For just $39 plus state fees, Northwest will handle your complete business identity. Visit https://www.northwestregisteredagent.com/twist today. (20:18) Atlassian. Head to Atlassian.com/Startups/TWiST to see if you qualify for 50 free seats for 12 months. (29:37) LinkedIn Ads. To redeem a $100 LinkedIn ad credit and launch your first campaign, go to http://www.linkedin.com/thisweekinstartups
Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland
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Transcript
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| 0:00.0 | aggregate fire budget for LA. Political reported that the actual assertion that it was cut at all |
| 0:05.7 | is incorrect because, and I quote, the city was in the process of negotiating a new contract |
| 0:10.3 | with the fire department at the time the budget was being crafted. And so 50 million more was at it. |
| 0:14.4 | I think it's good for you to state it because it's been changing every 12 hours. |
| 0:18.1 | The human mind tries to place blame or understand what's happening here. |
| 0:23.7 | If you are for less government, you might have wanted to cut budgets to reduce deficits, |
| 0:29.3 | right? And that's reasonable. And then now you're left with the position, well, okay, |
| 0:33.1 | hey, we've got the fire department's budget and here's what happened. Or you might think, |
| 0:37.3 | oh, the fire chief is a |
| 0:39.3 | lesbian and this is a DEI hire and not double click on and then look at her track record. |
| 0:44.5 | And her track record is she was in the top 50 of 16,000 applicants when she went to it and she's |
| 0:51.2 | got this incredibly storied career. So just I hate to break the newspaper. |
| 0:55.2 | I don't think lesbians cause the Santa Ana wins. |
| 1:00.6 | This week in startups is brought to you by Northwest Registered Agent. |
| 1:05.1 | Starting your business should be simple. |
| 1:06.9 | With Northwest Registered Agent, you can form your entire business identity in just 10 clicks and 10 minutes. |
| 1:12.0 | From LLCs to trademarks, domains to custom websites, they've got you covered. |
| 1:16.7 | Get more privacy, more options, and more done. |
| 1:19.6 | Visit Northwest Registeredagent.com slash twist today. |
| 1:23.3 | Atlassian. |
| 1:24.4 | From MVP to IPO, Atlassian for startups provides your team the right tools to plan, track, and collaborate on work. Head to Atlassian. From MVP to IPO, Atlassian for startups provides your team the right tools to |
| 1:28.8 | plan, track, and collaborate on work. Head to atlacian.com slash startups slash twist to see if you |
... |
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