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Today’s show: Jason, Alex, and Lon dig into the controversy around 11x, the Andreessen-backed startup accused of misrepresenting revenue and using fake logos, and what that says about early-stage accountability. Then we break down China’s dual-front blitz in AI and EVs: DeepSeek’s open-source model rivals GPT-4, and Xiaomi’s $30K SU7 is a straight-up Porsche clone shaking the EV market. Finally, we unpack the “4-persona framework” that helped Wiz rocket to $100M+ ARR faster than anyone — a must-know concept for any founder looking to build, sell, and scale like a beast. (0:00) Episode Teaser (3:23) New set design and color analysis (5:43) Announcement of "TWIST OT" and potential Patreon model (8:09) Gamestop's Bitcoin strategy and Michael Saylor's influence (10:15) OpenPhone - Streamline and scale your customer communications with OpenPhone. Get 20% off your first 6 months at https://www.openphone.com/twist (14:26) MSTR and their shift to Bitcoin (17:01) Michael Saylor’s conflict of interest (20:40) LinkedIn Ads - Get a $100 LinkedIn ad credit at / thisweekinstartups (23:09) Investment strategies for company treasuries (25:10) Allegations against Eleven x startup (30:35) Brex - the financial stack founders can bank on. Get the business account trusted by 1 in 3 US startups at https://www.brex.com/banking-solutions. (32:56) The importance of transparency and accountability in startups (42:31) Chinese advancements in AI technology and ChatGPT features (55:09) Insight from Israeli VC Gili Raanan on successful startups (1:04:26) Founder Friday March Pitch Madness bracket competition (1:10:26) How to start a Founder Friday chapter and community (1:11:21) Bracket competition and Launch Accelerator's 34th cohort Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com Check out the TWIST500: https://www.twist500.com Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp 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: (10:15) OpenPhone - Streamline and scale your customer communications with OpenPhone. Get 20% off your first 6 months at https://www.openphone.com/twist (20:40) LinkedIn Ads - Get a $100 LinkedIn ad credit at / thisweekinstartups (30:35) Brex - Get the business account trusted by 1 in 3 US startups at https://www.brex.com/banking-solutions 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