This Week in Startups: Jason's DTC investment thesis, Jokr looking to raise $50M, liquidation preference breakdown, witness in Elizabeth Holmes trial goes rogue | E1553

First up, Jason explains his DTC investment thesis (3:00), before he and Molly give some insight into the Bay Area heat wave (13:41). Then, Jason and Molly dive deep on reporting that instant delivery startup Jokr might be raising a new round with unusual liquidation preferences (25:50), then Jason breaks down what liquidation preferences are with some spreadsheets. To wrap, J+M cover a witness in the Elizabeth Holmes trial going rogue! (53:27)

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

(3:00) Holiday weekend catch up + Jason explains his DTC investment thesis

(12:15) Notion - Sign up for FREE at https://notion.com/twist 

(13:41) Bay Area heat wave, Burning Man recap

(24:31) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/TWIST

(25:50) Jokr look to raise between $35M-$50M from existing investors, why they have closed operations in the US, how immigration and labor plays into Jokr's decision

(33:43) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist

(35:01) Breaking down liquidation preferences and why Jokr investors are looking for an unusually large liq pref in its upcoming round

(53:27) A witness in the Elizabeth Holmes case has gone rogue!

FOLLOW Jason: https://linktr.ee/calacanis

FOLLOW Molly: https://twitter.com/mollywood

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