Let's get into the MADNESS of the Gas app - a new social networking platform that has surpassed Instagram, TikTok and Twitter for daily downloads. Then, they get into how to & how NOT to conduct a layoff, whether it’s for one person or a company-wide one. And finally, the trio get into the secrets of QSBS and how understanding it can save you MILLIONS.
Links:
WSJ article on the Gas app: https://www.wsj.com/articles/the-hottest-app-right-now-one-where-teens-have-to-say-nice-things-about-each-other-11665940854?mod=djemalertNEWS
Nikita Bier’s tweet on Gas’s success: https://twitter.com/nikitabier/status/1583331669729153024?s=20&t=nDvPhzXVQsXsrhJUT6s20A
Allegations on China faltering the Gas app’s growth: https://twitter.com/nikitabier/status/1581490395531206656?s=20&t=_sjUGoTNcimn6rlKQcqMgA
Microsoft lays off 1,000: https://www.axios.com/2022/10/18/microsoft-layoffs-latest-tech-firm-cuts
Chart of all Tech Industry Layoffs since COVID: https://layoffs.fyi/
How To Rally A Company Through a Round of Layoffs: https://review.firstround.com/how-to-lead-and-rally-a-company-through-a-layoff
Netflix on building a “team not a family”: https://original.newsbreak.com/@luay-rahil-1590405/2426938347036-netflix-founder-reed-hastings-build-a-team-not-a-family
00:00 - Cold Open: Jesse speaking to Zuckerberg about the highschool version of Facebook
00:32 - Intro
01:35 - The Rundown
02:27 - How the “Gas” app works and how it stays positive
03:50 - Sophia on the Founder of Gas being a “master” of testing & iterating
05:45 - Alex on Highschoolers being the “best demographic” to build an app for
07:40 - Jesse on the difficulty of building consumer businesses
07:57 - Jesse’s highschool version of Facebook
10:00 - Jesse speaking to Mark Zuckerberg
12:44 - Where does the Gas app go from here?
13:35 - The “Gas” app’s ‘money printing machine’
15:40 - The second & third gen of Social Apps
17:50 - The Takeaways from Gas
21:48 - The “Hub & Spoke” Model of building your business
23:10 - Microsoft & the trend of Tech Industry Layoffs
24:32 - Sophia on layoffs needing more clarity & planning
28:50 - Jesse on Founders needing to be passionate about people & leadership
30:35 - The HORRIBLE Better.com Zoom layoff & reaction
34:30 - What is QSBS & how it saves founders MILLIONS
#gas #morningbrew #leadership #podcasts
How This New App Is Acquiring 30,000 Users Per Hour & Is #1 In The ENTIRE App Store?
