This Week in Startups

Big Tech earnings breakdown w/TechCrunch's Alex Wilhelm | E1731

4 snips
Apr 28, 2023
In this discussion, Alex Wilhelm, Editor-in-chief of TechCrunch+, shares insights on big tech's latest earnings. He highlights Google's culture of entitlement and Microsoft’s strides in AI. The conversation covers Meta's push for efficiency and Amazon's upcoming challenges. Wilhem also reflects on Snap's significant decline in revenue. Listen for an analysis of the broader economic landscape, including the ripple effects of banking crises and the evolving role of AI in various industries.
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ANECDOTE

SF Ghost Town

  • Jason Calacanis describes San Francisco as a dystopian sci-fi film due to the emptiness compared to three years prior.
  • He likens it to a Twilight Zone episode where the world changes drastically.
INSIGHT

Google's Slow Growth

  • Google Cloud finally achieved operating profit, but overall revenue growth was only 3%.
  • This indicates a maturing market and potential challenges for high-growth narratives.
INSIGHT

Google's Inertia

  • Google's large size and wealth may hinder agility and decision-making, contributing to inherent bloat.
  • It's questionable whether such large, rich companies can become truly agile.
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