WWDC, Jobs Up Stocks Down, VC Horror Stories, Cars and Planes
The TBPN hosts cover Apple's WWDC AI announcements, a solid US jobs report, market moves, and a viral thread of VC horror stories from founders.
The gist
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Apple is folding proven AI tools like ChatGPT and Gemini into existing products rather than building revolutionary new features.
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Structured or tranched investments are normal practice, but misrepresenting blended pricing to employees or investors can cross into securities fraud.
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Founders should reference-check VCs before pitching and keep dull pitches under 30 minutes, since bad meeting behavior is common.
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172k jobs were added in May with unemployment at 4.3%, suggesting AI-driven mass job losses have not materialized yet.
Also mentioned
2:25:58
Unreal Engine
· "I gave you let's call it Unreal Engine and I have a one-to-one representation of a particular robot"
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