Had a fun time on a classic All In this week, episode 179, talking about AI, Sacks’ Slack Killer Glue, Friedberg’s Ohalo, and my latest investment: AthenaWow.com.
Time stamps:
(0:00) Bestie Intros: Recapping Phil Hellmuth's Birthday Weekend
(7:38) OpenAI launches GPT-4o: better, faster, cheaper
(29:40) Sacks demos Glue: How AI unlocked his Slack killer
(40:12) Friedberg walks through his major breakthrough at Ohalo
(1:01:35) Stanley Druckenmiller bets on Argentina and Javier Milei: strategy, roadmap for the US
(1:13:54) Jason's bet on Athena, how AI will change company building
(1:22:21) Google launches AI summaries in search
Summit
In other news, the All In Summit is coming along nicely with our new CEO, Jon, at the helm. Lots of besties are coming, and we’re getting through thousands of applications as quickly as possible.
The scholarship form will open after the primary tickets are sold.
About Athena, my Biggest Investment this Year
Athena has totally changed my life. I’ve freed up hours a week and everything at our fund has quickly become even more organized.
[ Disclaimer: there’s a long waitlist, but you can use my link, athenawow.com, to get a discount and to jump up the waitlist. ]
We have two unbelievable executive assistants working remotely from Manila during California time. They were paired with my team during onboarding to match my personality and needs.
These are the top .1% of knowledge workers in that market.
They cost $3,000 a month or $36,000 a year.
You don’t have to search for or train them; Athena does everything for you.
If it’s not a match, they get swapped out quickly.
In the Bay Area, an in-person admin on this level would be $100,000. In America or Canada, a work-from-home EA would cost $70,000, plus benefits, the time to hire them, the time to train them, etc.
What I love about this solution is that in America, almost everyone who takes an operational position is doing so to springboard into another position as quickly as possible.
By the time you train up a great EA or operations person in America, they’ve either gotten prompted in your firm or poached by a competing offer.
It’s so brutal!
We’ve decided in our firm that no one will ever do operational or clerical work anymore.
No more chores! (how exciting is that!?)
Of course, these admins are all trained in AI, and Athena has a LOT of interesting things on the roadmap that we’ll share in the coming years.
And I’ve got a ton of efficiency hacks I will share as I did in my “Startup Productivity” post back in November, where I explained ADD: automate, deprecate, delicate.
Hope you’re all well and have an awesome summer planned — you deserve it!
best, JCal
jason@calacanis.com (personal email)
jmc@launch.co (business email — sorted by my Athena admin!).
www.athenago.com
My other podcast is This Week in Startups, and we just poached legendary TechCrunch editor
to join me as co-host and take on the Executive Producer role. Going to be a blast starting next week.
The sharing on AI ChatGPT was amazing.
The number of non-insignificant typos in this post tells me maybe Athena is not yet ready for prime time.
Your motto is "automate, deprecate, delicate" ??