How to & How NOT to do Layoffs, the Tax Tip to save you MILLIONS and is the Gas App Going to Solve Bullying?
Episode 3: Today, hosts Alex Lieberman (@businessbarista), Sophia Amoruso (@sophiaamoruso), and Jesse Pujji (@jspujji) get into the MADNESS of the Gas app - a new social networking platform that has surpassed Instagram, TikTok and Twitter for daily downloads. Then, they get into how to & how NOT to conduct a layoff, whether it’s for one person or a company-wide one. And finally, the trio gets real about the secrets of QSBS and how understanding it can save you MILLIONS.
00:01 - Cold Open: Jesse speaking to Zuckerberg about the highschool version of Facebook
00:32 - Intro
01:35 - The Rundown
02:27 - How the “Gas” app works and how it stays positive
03:50 - Sophia on the Founder of Gas being a “master” of testing & iterating
05:45 - Alex on Highschoolers being the “best demographic” to build an app for
07:40 - Jesse on the difficulty of building consumer businesses
07:57 - Jesse’s highschool version of Facebook
10:00 - Jesse speaking to Mark Zuckerberg
12:44 - Where does the Gas app go from here?
13:35 - The “Gas” app’s ‘money printing machine’
15:40 - The second & third gen of Social Apps
17:50 - The Takeaways from Gas
21:48 - The “Hub & Spoke” Model of building your business
23:10 - Microsoft & the trend of Tech Industry Layoffs
24:32 - Sophia on layoffs needing more clarity & planning
28:50 - Jesse on Founders needing to be passionate about people & leadership
30:35 - The HORRIBLE Better.com Zoom layoff & reaction
34:30 - What is QSBS & how it saves founders MILLIONS
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