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Economic Chaos, More Pitch Madness & the Shopify AI Manifesto | E2108

Today’s show: Jason and Alex unpack a wild week in tech and the markets — including a fake tweet that moved $4 trillion and Trump’s latest tariff talk. Lon jumps in for another round of *Founder Fridays Pitch Madness*, where four early-stage startups compete for a spot in the Elite Eight. Plus, Alex chats with Sunny Khamkar, CEO of MenuData, about how AI is revolutionizing the food industry. They also dive into how founders should rethink their runway, what Shopify’s bold AI memo means for the future, and whether VCs are placing earlier bets to chase that $1M ARR milestone. Don’t miss the founder pitches and a fresh take on AI-powered food trend tracking! Timestamps: (0:00) Jason kicks off the show! (2:11) Market chaos, tariffs, and their effects (5:59) Economic uncertainty: Advice for founders (8:00) Tariffs' potential impact on tech sectors (9:58) Fidelity Private Shares℠ - Visit ⁠https://www.fidelityprivateshares.com ! Mention our podcast and receive 20% off your first-year paid subscription. (13:27) SignalFire's billion-dollar fund (17:32) Achieving significant startup revenue and its importance (20:20) Coda - Empower your startup with Coda’s Team Plan for free—get 6 months at https://www.Coda.io/twist (21:54) Krea's $87 million raise and subscription model analysis (27:33) Big tech's influence on niche subscription services (30:02) Gusto - Get three months free when you run your first payroll at http://gusto.com/twist (31:09) AI advancements: Midjourney v7 and voice activation (36:43) Shopify's AI Manifesto (41:00) Founder Friday bracket updates (57:16) Founder Q&A: Lessons for first-time founders (1:05:00) MenuData's CEO Sunny Khamkar interview (1:16:10) MenuData's pricing, customer base, and growth plans (1:23:38) AI's vertical impact and Menu Data's strategy Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com Check out the TWIST500: [https://www.twist500.com](https://twist500.com) Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp Links from the show: Check out MenuData: https://www.menudata.ai/ Check out Krea: https://www.krea.ai/ Check out Tobi Lutke’s ”AI Manifesto” https://x.com/tobi/status/19092519462... Check out Pitchfire: https://www.pitchfire.com/ Check out CREATANT: https://www.creatant.com/ Check out Vidala Labs: https://vidalalabs.com/ Check out Kippy: https://kippy.ai/ Follow Sunny Khamkar: LinkedIn:   / sunny-khamkar-84b905a   Follow Alex: X: https://x.com/alex LinkedIn:   / alexwilhelm   Follow Lon: X: https://x.com/Lons LinkedIn:   / lonharris   Follow Jason: X:   / jason   LinkedIn:   / jasoncalacanis   Thank you to our partners: (9:58) Fidelity Private Shares℠ - Visit ⁠https://www.fidelityprivateshares.com ⁠! Mention our podcast and receive 20% off your first-year paid subscription. (20:20) Coda - Empower your startup with Coda’s Team Plan for free—get 6 months at https://www.Coda.io/twist (30:02) Gusto - Get three months free when you run your first payroll at http://gusto.com/twist All rights for the video shared and linked below belong to the original copyright holder, and we are using the footage under the principle of fair use. Listen here: Apple: https://podcasts.apple.com/us/podcast... Spotify: https://open.spotify.com/show/6ULQ0ew... Overcast: https://overcast.fm/itunes315114957/t... More from us: Twitter:   / twistartups   Instagram:   / thisweekinstartups   Official site: https://thisweekinstartups.com Subscribe to our YouTube to watch all full episodes:    / @startups   Subscribe to TWiST Clips for all the best moments:    / @twistclips   #startups #entrepreneurship #investing #angelinvesting #tech #news #business