Meta's paid tier, Bing's chatbot gone wild, Stripe's $4B bill | E1681

This Week in Startups

Feb 21, 2023•1 hr 11 min

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Episode description

First up, J+M break down Meta taking a note from Twitter with a $12 paid tier and how it can have a material impact on revenue. (12:05) Then, they cover the problems with Bing's new chatbot (32:13) before wrapping on Stripe potentially missing its window (46:14) and Meta copying a Telegram feature! (1:00:30)

(0:00) J+M tee up today's topics!

(2:22) Proper PTO operating standards, what's in store for the next few weeks on TWiST!

(10:31) MasterClass - Get 15% off an annual membership at https://masterclass.com/startups

(12:05) Zuck announces Meta Verified, a $12/month paid service for Facebook/Instagram and WhatsApp

(18:56) How Meta's new product can have a material impact on revenue

(21:49) Vanta - Get $1000 off your SOC 2 at https://vanta.com/twist

(22:47) What enticing features major social platforms can add to get more paid users

(30:42) Contra - Get $500 off your first hire at https://contra.com/twist

(32:13) Bing's new chatbot has already been toned down by Microsoft for responding with a style the company did not intend

(46:14) Stripe's $4B tax bill and further valuation cuts: did the highest-flying startup fumble the bag?

(1:00:30) Meta also copied Telegram's broadcast channels feature, which Zuck used to announce Meta's new paid tier!