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TWiST News: Subscription Economics, Density's Waffle, and The Cost of AV Fleets | E2027

Entrepreneurship17 Oct 202427 min summaryFrom This Week in Startups
TWiST News: Subscription Economics, Density's Waffle, and The Cost of AV Fleets | E2027
This Week in Startups
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Jason and Alex kick off the show 0s

  • This Week in Startups is a show about startups and technology, focusing on the journey to find product-market fit and solve challenging problems in the world 0s.
  • The show is sponsored by Fundrise, which provides access to diversified portfolios of private real estate to all investors through its industry-leading, easy-to-use platform, and listeners can sign up at fundrise.com 11s.
  • Another sponsor is Brave, an internet privacy company that protects personal info online, and listeners can download Brave today at brave.com to browse faster, search privately, and more 25s.
  • OpenPhone is also a sponsor, creating business phone numbers that work through an app on smartphones or desktops, and listeners can get an extra 20% off any plan for their first 6 months at openphone.com 40s.
  • Alex Wilhelm is the co-host of the show, with a 15-year resume of working at places like TechCrunch and Crunchbase, and he has a newsletter called Cautious Optimism that listeners can subscribe to 59s.
  • Alex is doing well today, feeling rested and excited about the show, which will cover new subscription rules, an interview with the CEO of Density about their new product called a "waffle," and a first look at their AV Fleet financial model 1m13s.
  • The show will also discuss nuclear power rising and the startups looking to make it possible 1m54s.
  • The first topic of discussion is Lena Kh, as the FTC has new rules out that caught Jason's attention 2m0s.

FTC's new subscription rules and impact 2m6s

  • There is criticism towards Lenina Con, with a meme created about the company's four-year no exit market, and a request for the company to allow selling companies for under a billion dollars without an approval process 2m7s.
  • A new FTC rule making is being discussed, which could affect businesses that sell to consumers and make a significant portion of their revenue from subscriptions, creating a pro-business and pro-consumer tension 3m11s.
  • Subscription businesses provide valuable information when customers unsubscribe, which can be used to improve the business, and it's beneficial to allow customers to unsubscribe to avoid locking them into a product that doesn't work for them 3m33s.
  • Different subscription terms can be offered, such as paying a year in advance with no cancellation option, which can be beneficial for both the business and the customer 4m10s.
  • Reasonable cancellation periods can be established, similar to those used by hotels during peak events, to balance the needs of businesses and customers 4m52s.
  • Companies should be transparent and upfront about their cancellation policies to avoid using "dark patterns" that trick customers into using their services 5m16s.
  • The concept of being tricked into a relationship due to employment and healthcare benefits is discussed, with the example that people often stay at companies like IBM, Google, or Microsoft because of the healthcare plans they offer, rather than for the job itself 5m34s.
  • If healthcare were portable, provided by the government, or independent of employment, it would likely lead to significant improvements in the job market and overall well-being 5m56s.
  • The idea of a universal healthcare system is proposed, where everyone has access to basic healthcare, and individuals can pay for additional services on top of that, with a suggested 20-25% copayment for services to encourage awareness of costs 6m16s.
  • Implementing a basic healthcare system for essential services like checkups could save a significant amount of money in the long run 6m34s.
  • An upcoming episode of TWiST is mentioned, featuring the CEO and co-founder of Cash Flow, who recently sold their HubSpot early-stage company, to discuss the details of the acquisition and potential regulatory pressures 6m41s.

Fundrise - Sign up today 6m58s

  • Venture Capital is considered one of the most lucrative asset classes in the world, with many public tech companies having raised Venture Capital when they were private companies 6m59s.
  • However, individual investors often lack the capital to back a venture fund or connections to top performers in Venture Capital, limiting their access to deals 7m17s.
  • Institutional investors, such as endowments and Sovereign wealth funds, typically have access to these deals, but individual investors can now participate through the Fundrise Innovation Fund 7m26s.
  • The Fundrise Innovation Fund is a $125 million fund that holds shares in exciting pre-IPO tech companies and is designed specifically for individual investors 7m41s.
  • The fund allows individual investors to get in early on these companies, and they can sign up at fundrise.com/twist 7m51s.
  • It is essential for investors to carefully consider the investment material, including objectives, risks, charges, and expenses, before investing in the Innovation Fund 8m0s.
  • More information about the Innovation Fund, including its prospectus, can be found at fundrise.com/Innovation 8m7s.
  • This is a paid advertisement for the Fundrise Innovation Fund 8m12s.

Density's mission and "Waffle" product announcement 8m16s

  • The guest, Andrew Farah, is the founder of Density, a company that aims to understand how physical space is used, with a focus on large workplaces and corporate offices. 8m18s
  • Density deploys radar sensors, similar to wireless access points, to create a heat map of usage inside buildings, and has spent around 10 years trying to count people in physical space. 10m8s
  • The company's core customers are large corporate offices, and they have recently announced a new product called Waffle, which is described as a "Love Letter" to their customers and a return to their roots. 10m31s
  • Waffle is a solution that Density wished they could have bought when they started the company, but the technology wasn't available at the time. 10m41s
  • The current technology used by Density requires a sensor to be placed in each conference room, but Waffle is expected to change this. 10m52s
  • The utilization of conference rooms is a key area of interest for companies, as it can help them optimize their office space and make better use of their resources. 11m19s
  • For example, a company like Amazon or Google could use Density's technology to determine the utilization level of their conference rooms and decide whether to convert some of them into phone booths or other types of workspaces. 11m31s
  • Space planning is a significant concern for organizations, with space being the second or third largest line item, often after payroll, and 53% of meeting room use being by a single person, regardless of room size 11m47s.
  • Density's sensor arrays require power over Ethernet and door sensors, with an approximate all-in installation cost of $1,000, including hardware and software, and 50-65% of that cost being installation 12m17s.
  • Having perfect visibility into a campus can help organizations cut space costs, with even a 1% reduction in space potentially paying for itself 12m43s.
  • Large companies, such as those in the Fortune 500, have tens of millions of square feet of office space, making it difficult to maintain visibility and track usage 12m57s.
  • The pandemic highlighted the limited visibility into building usage, as everyone worked from home 13m21s.
  • Density's new product, the Waffle, is a self-installable unit that can be attached to a wall, aimed at reducing installation costs and making the technology more accessible 14m24s.
  • The Waffle is a small, hockey puck-like device that can be used in various settings, including offices and Airbnb spaces, to track occupancy and usage 14m34s.
  • The self-installation feature addresses the biggest pain point for Density's primary customers, which is cost, and opens up possibilities for creative uses of the technology 14m53s.
  • The Waffle's extensibility and potential for integration with other technologies and services, such as "if this then that" style applications, are exciting possibilities for developers and users 15m9s.
  • The product has an occlusion problem due to its wall-mounted self-installed units, which cannot see the entire space, resulting in a capped count at launch 15m37s.
  • The capped count will initially categorize the number of people in a room as zero, one, two, and three plus, with plans to iterate on the algorithm and update it over time 15m46s.
  • The primary use case for the product is to determine if a room is in use 15m58s.

Real-time wayfinding and utilization tracking 16m2s

  • A building's floor plan can be visualized as a heat map, showing the density of the space at different times, which can be useful for facilities management and return-to-office strategies 16m3s.
  • Amazon has announced that employees must be in the office, while Apple is adopting a three-day workweek, highlighting the value of in-person work 16m37s.
  • Live wayfinding technology can be used to show the availability of rooms in real-time, with a grid system displaying occupied and available spaces 16m53s.
  • The technology uses a grid that shows the major "highways" of the floor plan, with real-time data updating in under 700 milliseconds 17m8s.
  • The system can help prevent issues with conference room reservations and cleanliness 17m40s.
  • A product called Waffle can deploy this technology in a short amount of time, such as an afternoon, compared to four months with traditional methods 18m10s.
  • Waffle requires one sensor per room, with a cost of around $150 per sensor and $8 per month, which is considered relatively cheap 18m42s.
  • The low cost of Waffle can encourage users to deploy it more widely and get value from it, allowing the company to scale 19m16s.
  • The cost of installing sensing technology in buildings can be a significant blocker for companies, with estimates ranging from $1,000 per room to $400,000 for a 10-floor building, although the technology can lead to significant savings in the long run 19m31s.
  • The adoption of sensing technology in buildings is expected to follow a similar curve as Wi-Fi, which took around 25 years to become widely adopted and reach a point where it was considered as good as hardline connectivity 19m53s.
  • Sensing technology is a new infrastructure for buildings, and reducing the cost curve can accelerate its adoption, opening up new possibilities such as dynamic HVAC, real-time availability of spaces, and optimized cleaning schedules 20m32s.
  • The technology can also have a significant environmental impact by reducing energy consumption, water usage, and waste, with 39% of global carbon emissions coming from buildings, half of which are from energy operational carbon and half from building materials 21m52s.
  • Optimizing facilities costs, which account for around $6 per square foot of leased space, can lead to significant returns, particularly in larger offices with many rooms 21m41s.
  • The construction of new buildings is a significant contributor to carbon emissions, with 13,000 net new buildings added every day, and reducing energy consumption in unoccupied areas can make a massive impact on the environment and take load off the grid 22m7s.
  • The benefits of sensing technology in buildings can be seen as a win-win-win, with savings for the environment, the grid, and the person running the office and facilities 22m41s.

Brave - Download today at to browse faster, search privately and so much more 22m45s

  • Brave is a preferred browser for daily use on mobile phones and desktops due to its focus on privacy, allowing users to browse without being tracked or exposed to ads 22m47s.
  • The reasons for preferring Brave include finding ads to be creepy and a hindrance to loading web pages quickly, as they often come with popups and slow down the browsing experience 22m59s.
  • Brave features a built-in search engine called Brave Search, which is powered by one of the three global-scale web indexes and is not reliant on big tech technology 23m8s.
  • Brave Search has its own independent search engine, with 7 million daily users and 35 million queries, making it the fastest-growing independent search engine since Bing 23m22s.
  • Brave Search can be used without the Brave browser by visiting search.brave.com, allowing users to access the search engine from any browser 23m31s.
  • The Brave browser also includes a built-in VPN, which is particularly useful when browsing from public locations such as cafes 23m38s.
  • Users can try Brave Search by visiting brave.com/twist, which allows them to get better results, protect their privacy, and access answers more quickly 23m48s.
  • Downloading the Brave browser is recommended, as it offers a range of benefits and features that enhance the browsing experience 23m56s.

Data's impact on city planning and operations 23m59s

  • If a city like New York City had perfect data on how it was used, everything would change, including subway patterns, car movement, rent costs, building construction, and even the number of Starbucks baristas at each cafe, all while maintaining user privacy 23m59s.
  • To achieve this, cities need to solve the distribution problem of getting intelligent devices into every relevant room, but people often get uncomfortable with surveillance technology, which can affect how they use spaces 25m1s.
  • Airbnb has a no-camera policy in its spaces because guests don't want to be observed, which affects the distribution of use, but an anonymous, at-source system could achieve the same goals without making guests uncomfortable 25m25s.
  • A device that can track room usage without surveillance cameras could be a game-changer for hotels, allowing them to know exactly when to send cleaning crews and improving their services 26m30s.
  • The device, which is about 75 millimeters by 20 millimeters in size, can track room usage without invading user privacy, and its final product shots are available on the website 24m48s.
  • The importance of user privacy is highlighted by the fact that people often try to disable or unplug cameras in spaces where they are used, such as in Airbnb rentals 26m11s.
  • A system that can track room usage without cameras could also help prevent parties or other unauthorized events in rental properties, as it would allow owners to monitor usage without invading guest privacy 26m54s.

Sensor costs and impact on adoption 27m12s

  • A chart showing the cost per sensor over time was discussed, highlighting the importance of the total cost of ownership for adoption, with a more detailed breakdown including installation and core hardware and software costs 27m33s.
  • The chart showed a significant decrease in cost over time, similar to a chart by SpaceX showing the cost per kilogram to get to orbit, with the most interesting developments happening in the bottom right of the chart 28m0s.
  • The cost reduction has a big impact on the types of new places where the technology can be deployed, making it more accessible to businesses such as cafes and hotels 28m27s.
  • The entrepreneur, Andrew, reflected on his journey and learned that hardware is hard, but it can be defensible and more valuable than pure software, especially when building physical systems 29m16s.
  • Andrew advised that to succeed in hardware, one must be willing to take on hard problems and be playful, citing companies like Tesla and Anduril as examples of successful companies that are willing to be playful while building exceptional products 29m59s.
  • He also emphasized the importance of building trust in person, rather than virtually, and recommended that startups should have their teams work from the office rather than being distributed 30m22s.
  • Physical body language plays a significant role in human connection, and in-person interactions can make conversations more enjoyable and allow people to connect on a deeper level, which is not possible with distributed communication 30m37s.
  • A chart from Visual Capitalist shows the cost per kilogram of space flight for various spacecraft, including the Space Shuttle, Delta Heavy, Falcon 1, Falcon 9, Falcon Heavy, and the estimated cost for Starship, demonstrating a significant decrease in cost over time 31m15s.
  • The decrease in cost is expected to lead to increased adoption, similar to how the construction of a six-lane freeway can induce traffic and encourage people to explore new places, as seen in the development of the highway system in America 31m55s.

Unit economics and adoption curves 32m24s

  • To achieve success, it's crucial to nail unit economics and then work on reducing costs to bring a democratized version of a technology to market, which can lead to amazing things and unlock new possibilities 32m25s.
  • Companies like Uber and Lyft initially had negative unit economics but grew rapidly, and then had to work backwards to change their unit economics to become profitable 33m3s.
  • Other companies like Airbnb, Tesla, and Uber have also transitioned from being money-losing machines to money-printing machines, following the J-curve where investment is key, but unit economics is at the core 33m36s.
  • Understanding unit economics is essential, as it involves knowing how much to charge for a product or service and how much it costs to deliver, to avoid selling at a loss 33m48s.
  • Density's new product, the Waffle, has positive margins, with software gross margins typically being around 80% or higher, and hardware costs being profitable even in the first run 34m5s.
  • The Waffle will be available for purchase on the website in January, but currently, customers need to reach out to the company to buy, with a focus on meeting demand from core customers 34m45s.
  • The first run of the Waffle will consist of a typical EVT, DVT, and PVT process, with around 25-100 units in EVT builds, a couple hundred in DVT builds, and thousands of units in production validation testing 35m14s.
  • Once the production validation testing is complete, the company will move into continuous manufacturing, with thousands of units initially available, followed by supply demand forecasting 35m46s.
  • The growth of a company is being discussed, with the speaker expressing curiosity about how fast it can grow, given the vast amount of space available in the world, and the potential for expansion within existing customer sets and driving net new adoption 36m10s.
  • The company is serving core customers, driving top-of-funnel pipeline, and is excited about experimentation, with the speaker mentioning three categories they are thrilled about 36m45s.
  • A conversation about badging for coffee is mentioned, with the speaker joking that they ruined coffee badging for people who like to swipe and go home to work, and that they are now the biggest "n" in Corporate America 36m53s.
  • Density, a company that provides people-counting technology, is discussed, with the speaker mentioning that they don't know who individuals are, but rather how the space is used and how many people are assigned to it 37m16s.
  • The idea of using sensors to track seat utilization is mentioned, with the speaker joking about putting a sensor in the CEO's seat to know when they are present 37m45s.
  • The potential for using weight sensors in seats to track utilization in buses, subways, cafes, or parks is discussed, with the speaker mentioning that Density is the leader in people-counting technology 38m2s.
  • The speaker expresses excitement about being a board member and friend of Andrew, the founder of Density, and praises the team for their hard work in achieving a "crucible moment" for the organization 38m21s.
  • The speaker acknowledges the challenges faced by the company, including layoffs and restructuring, and expresses respect for the hard work and difficult decisions made by Andrew and the team 38m50s.

OpenPhone - Get 20% off your first six months 39m13s

  • OpenPhone is a modern business phone solution that works through a single, elegant app on existing phones and desktops, eliminating the need for multiple devices and apps 39m14s.
  • The app allows users to separate business and personal communications, enabling teams to text and call customers and clients without using their personal phones 39m32s.
  • Over 50,000 businesses use OpenPhone, which is a more cost-effective solution compared to traditional phone systems that can cost $500 to $1,000 per person per year 39m48s.
  • OpenPhone costs $13 a month, and TWiST listeners can get an extra 20% off any plan for the first 6 months by visiting OpenPhone.com/TWiST 39m59s.
  • OpenPhone allows easy porting of existing phone numbers from other services at no extra cost, making it a convenient solution for businesses 40m8s.
  • Users can start a free trial and get 20% off by visiting OpenPhone.com/TWiST 40m14s.

Robotaxi fleet modeling project 40m22s

  • A fleet modeling spreadsheet for Robo taxis is being developed, which breaks down individual questions that can be answered to estimate the number of Autonomous Vehicles (AVs) needed to replace all US trips, including Uber and public transit 40m26s.
  • The model takes into account the maximum number of trips per day a Robo taxi can do, the number of days it is in service, and the costs per unit to estimate the total cost of replacing all cars, Ubers, or parts of public transit 40m56s.
  • The model also includes estimates for a 20% increase in trips due to more options, and the numbers can be adjusted live to see how changes affect the overall estimates 41m30s.
  • According to the National Highway Travel Household National Household Travel Survey 2022, the total trips annually in the United States are 400 billion, with Uber and Lyft trips at 4 billion and public transit trips at 20 billion 41m56s.
  • The number of trips per day for a human-driven Uber is estimated to be around 20, considering factors such as charging and cleaning the car, and the time it takes to get to the next destination 42m20s.
  • The actual number of trips per day for an AV may vary depending on the location, with shorter rides and closer pickups in urban areas and longer rides and farther pickups in suburban areas 42m44s.
  • The number of days an AV is on the road also affects the estimates, with a suggested 90-95 days of maintenance per year, based on 6 hours of daily maintenance 43m28s.
  • The estimates do not take into account regulatory and consumer adoption, as well as the actual building of the cars, which are important factors to consider 43m46s.
  • The estimated cost to replace the entire fleet of cars in the United States with autonomous vehicles (AVs) is between $2.2 trillion and $9 trillion, depending on the cost per vehicle, with Waymo's prices being the highest at around $120,000 per car, and Tesla, BYD, and BYD's prices being lower at around $30,000 per vehicle 44m6s.
  • The cost of replacing the entire fleet of cars in the United States is a significant opportunity, with the total cost being comparable to the amount of money Apple has in the bank, which is around $200 billion 44m34s.
  • Regulatory risk and consumer adoption are significant factors that will impact the adoption of AVs, with estimates suggesting that 50% of people may want to give up their cars, but the actual number is unknown 45m12s.
  • The time it takes to build the necessary number of AVs is also a significant factor, with Tesla's production capacity being a key consideration, and the company's ability to increase production by 20% per year being a crucial factor in meeting demand 45m55s.
  • Based on Tesla's production capacity, it is estimated that it would take the company around 10-15 years to replace half of the cars in the United States, assuming a production ramp of 20% per year 46m48s.
  • If all car manufacturers were to adopt AV technology, it is possible that the entire US car market could be replaced with AVs, assuming regulatory hurdles are overcome and production capacity is increased 47m1s.
  • Efficiency is a key factor in the adoption of AVs, with the potential for significant cost savings and increased productivity 47m35s.
  • Increasing the number of trips per day for cars in a robo taxi fleet can significantly reduce the number of cars needed, costs, and maintenance expenses, ultimately leading to better economics 47m36s.
  • To achieve this, it's essential to keep expensive assets on the road during their prime and consider micro-scale maintenance and cleaning within cities to minimize downtime 47m56s.
  • The potential impact of this shift in economics could be substantial, with a possible J-curve effect that could change the world quickly, similar to how cars replaced horses and buggies in the past 48m9s.
  • The rollout of this new technology could be rapid, with a potential comparison to the transition from horses and buggies to cars, which could provide insight into the speed of adoption 48m20s.

Google and Kairos nuclear power deal 48m33s

  • Google has partnered with Kairos, a nuclear power company, to purchase nuclear energy from multiple small modular reactors (SMRs), marking the world's first corporate agreement of its kind 48m49s.
  • The deal is significant as it highlights Google's commitment to nuclear power, with other tech companies also investing in the sector 49m16s.
  • Microsoft has also made a move in the nuclear power sector, turning on Three Mile Island, and Amazon has made several deals, including a partnership with Energy Northwest for four advanced SMRs in Washington state 49m27s.
  • Amazon's other deals include a partnership with Dominion Energy to build an SMR in Virginia, where many of its data centers are located, and an investment in X-energy, a nuclear power startup 49m42s.
  • The increasing interest in nuclear power from tech companies is notable, with several major players now committed to the sector in the US 49m36s.

Amazon's nuclear energy agreements 50m0s

  • Hyperscalers on the cloud will likely be involved in nuclear power through payment, investment, or purchase due to the increasing demand for energy consumption, particularly with the growth of data centers 50m0s.
  • Small modular reactors (SMRs) are different from traditional large nuclear reactors, being smaller, safer, and less of an eyesore, with the added benefit of not being prone to meltdowns 50m14s.
  • The Fukushima disaster led to a shift in public opinion against nuclear power, especially in Germany and Europe, but attitudes have changed in recent years, with the US now poised to become a leader in nuclear energy again 50m43s.
  • The turning point in public opinion can be attributed to the realization that nuclear power is a necessary solution to meet the increasing energy demands of data centers and the need for clean, baseload power 52m32s.
  • Environmentalists who were previously anti-nuclear are now less vocal in their opposition, as the reality of energy consumption and the need for sustainable solutions has changed 52m3s.
  • The growth of data centers, which are expected to become the largest buildings in the world, has created a huge demand for power, making nuclear energy an attractive solution 52m35s.
  • The involvement of entrepreneurs, such as Bill Gates, who have invested heavily in nuclear energy despite initial losses, has helped to drive innovation and make the technology safer 53m55s.
  • The combination of global events, such as Germany's dependence on Russian energy, and the influence of AI and data centers, has created a perfect storm that is driving the adoption of nuclear energy 54m4s.
  • Large companies like Google, Microsoft, and Amazon are now willing to pay for nuclear energy in advance, providing a lifeline to smaller modular nuclear reactor companies and driving growth in the industry 54m11s.
  • The US is expected to become a leader in nuclear energy again, which could be transformative for humanity, particularly in light of the country's recent success in becoming a net exporter of natural gas and the plummeting cost of solar energy 54m49s.

Solar and fracking trends 55m9s

  • The goal is to provide listeners with data and insights to make them the smartest person in the room when discussing issues like self-driving and solar energy, with a focus on being the most informed person to make decisions 55m28s.
  • A new trend is happening in solar energy, with the US becoming an energy exporter, and small nuclear reactors getting customers, with the government stepping out of the way 55m51s.
  • In Australia, there's a phenomenon called "minimum system load event" where there's too much energy being created in a day, causing the grid to become unhealthy and requiring the dampening of certain power sources like solar 56m15s.
  • Rooftop solar and solar arrays have become popular in Australia, leading to times when there's too much power generation, and the grid needs to be managed to prevent overproduction 56m44s.
  • The popularity of solar energy has led to a surge in startups working on power storage solutions, with companies around the world developing innovative technologies like flying wind turbines and offshore water storage for power 57m10s.
  • On Monday, the discussion will focus on solar energy, exploring what would happen if 50% of energy comes from solar sources, and examining the impact on society, including in India where people are building their own energy systems using cheap solar cells and batteries 56m35s.
  • In India, solar cells have become so affordable that people are buying them, building their own energy systems, and even reclaiming batteries to power their homes 58m1s.
  • The idea of building a solar farm on a ranch is being explored, considering the possibilities of using an acre of land for solar energy and the potential for storing excess energy in batteries 58m21s.
  • People are looking for ways to live off-grid and be less dependent on the government and foreign countries, which is partly due to the awareness of resiliency in homes and countries added by COVID-19 59m8s.
  • This desire for self-sufficiency is not necessarily an anti-globalization theme, but rather a desire for personal independence, as the technology required for off-grid living often relies on a global supply chain 59m35s.
  • There are various ways to achieve this independence, such as using shipping containers filled with batteries for energy storage, which can be a cheaper solution than traditional power walls 58m59s.
  • Redundancy and resiliency are key themes in this movement, with people seeking to have backup systems in place, such as multiple internet providers, to ensure they remain connected and self-sufficient 1h0m52s.
  • The use of solar power and homesteading, including keeping chickens for a steady supply of eggs, are also part of this trend towards self-sufficiency and financial independence 1h1m43s.
  • This movement is not limited to specific locations, with people in various parts of the country, such as the Bay Area, also adopting these practices 1h2m14s.
  • The desire for self-sufficiency is driven by concerns about globalization, weather events, and cost and inflation, with people seeking to be independent of grid issues and have a steady supply of food and energy 1h1m24s.
  • A person named Emily has chickens in the Valley and her neighbors, who also have chickens, would often give them eggs because they had an overabundance, with some having 10 chickens and getting 20 eggs a day 1h2m22s.
  • Jason is obsessed with the concept of fire, but not in the sense of retirement, rather as a counterbalance to his care for humanity's happiness, which he believes should be a top goal for governments 1h2m50s.
  • Jason thinks that happiness is closely tied to people's sense of independence, agency, and resilience, and that many Americans lack these feelings due to various fears, such as running out of food, money, or healthcare 1h3m14s.
  • Entrepreneurship is seen as the pinnacle of independence, resiliency, and agency, allowing individuals to take control of their lives and become less dependent on others 1h4m1s.
  • The TWiST program will be airing three to four times a week, with a live show on Wednesdays at 12:00 p.m. Texas time, and will feature a mix of topics, including entrepreneurship and independence 1h4m17s.
  • Viewers are encouraged to sign up for Alex's newsletter, which costs $100 a year, and to suggest potential guests for future episodes 1h4m9s.
  • The TWiST team, including Jason and Alex, will be back with more episodes, and they invite their audience to stay tuned and engage with them on social media platforms 1h4m46s.
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