Weekly Wrap: Let them eat off an electric stove
Come Take My Gas Stove Over My Dead Body and other stories of the Weekly Wrap
Top Stories <From Your Mom>
🐺🚀 Politicians Hate Your Gas Stoves Now
🐺🚀 Charlie Javice lied to JP Morgan about Frank 4M times
🐺 🚀 Chat GPT might be a dirty liar
🐺 🚀 MS : “We will always suck & we’re integrating ChatGPT3 into Bing.”
🐺🚀 Winner Takes All Pitch Event Jan 24 on Stonks.com
🐺🚀 SBF blogging on
🔥🔥We had 3 Podcast profiles this week just to remind you🔥🔥
S2, Ep 1- Chris Joyce From Gusher
S2, Ep 2 - Enzo Avigo from June.so YC W21
S2, Ep 3- Ryan Brazzell from Assistant Launch
Gas Stoves Shall Be Gone! The Faceless, Nameless Bureaucrats Strike Again. Will you allow them to tax your gas range?
Don’t worry, they’ll just take it.
Why do Politicos and Bureaucrats hate that you peasants don’t live in the Stone Ages?
The US Consumer Product Safety Commission is considering banning natural gas stoves. These are used in ~40% of US kitchens. They emit a cocktail of air pollutants, per Bloomberg. If the Twitter Files didn’t prove the gov’t loves you, this should. Do me a favor: Please elect a dog in 2024.
Other fun stories.
In 2021, JPMorgan Chase paid $175m for Frank, a college financial aid platform, but the website is no longer available and users are redirected to StudentAid.gov.
The founder of Frank, Charlie Javice, claimed that the platform had 4.25 million customers. JPMorgan claims that only 28% of emails sent to 400k users were delivered. (Uh this is not how it works- spam much?)
JPM is suing Javice and Frank executive, Olivier Amar, for allegedly faking 4 million+ accounts to inflate the startup's value.
Javice is accused of paying a data science professor $18k to create fake accounts and Amar is accused of paying $105k for a data set of 4.5 million students. (THIS is how it works). Javice's lawyer claims that JPMorgan is lying, but the bank denies it.
There were also concerns from Congress and the FTC that Frank was not making things easier for students and potentially selling student data.
Our friends at Stonks meme’d hard on the Forbes 30 under 30: Charlie Javice is in good company. Who’s next from the list?
Also from Twitter. ChatGPT is taking the world by storm. It “may” have spell checked this article and rewritten parts. (No, it did)
…but is it a dirty dirty liar?
Also this week in A.i
Microsoft is talking about **through main stream media leaks about how great it is (it isn’t)*** integrating ChatGPT into its Bing search engine. and… video game testers at MS formed a union. Couldn’t have happened to nicer guys. This just in: Bing will still suck.
Do you like Startups? Do you like Startups Who Pitch? Just a reminder to sign up to our first Stonks.com pitch “Winner Takes All” pitch event.
The pitching founders stake $100 and make a 1 minute pitch to 3 judges. Each judge asks the startups questions.
The judges will then pick the top 2 startups
Those founders will be granted additional time to pitch.
After the final pitch by the 2 finalists, the judges choose the Winner
The winner takes the "pot!" (5 startups x $100=$500 for example).
Founders can raise or book meetings with qualified investors right on the pitch. Jan 24th, 12Noon PST, 3PM EST.
Are you a founder raising $? —> Apply here to pitch in future events
What Question Should We Ask Chat GPT3 this week? Tweet at us on Twitter and use #foundersAskGPT
All Typos and Misspellings in this Weekly Wrap are clearly Chat GPT’s fault and/or are intentional.
Don’t look now but Sam Bankman-Fried, accused of stealing your crypto, billions of it— and who is under house arrest on $250M bail that actually he has a $0 down $0 monthly payment plan on… fyi he isn’t great at League of Legends… is blogging about his defense on a Substack called “SBF’s Substack.”
And thats a Weekly Wrap.