2023 Predictions! Startups, VC, tech, media, stocks, shutdowns, and more! | E1648 | Summary and Q&A

TL;DR

The analysis provides predictions for 2023, including the main characters in the tech world, anticipated trends, surprising shutdowns, key insights, and over/unders for various aspects.

Key Insights

• 🧑‍💻 The tech world in 2023 may see a shift towards accountability and focus in startups.
• 😃 Trends such as bi-directional charging for electric vehicles and advancements in AI are expected to gain traction.
• ↩️ The media landscape will see the return of popular series like Indiana Jones and Succession.
• ❓ The IPO market may experience more activity, but VC funding may become more selective.
• 💪 Microsoft and Meta (formerly Facebook) are predicted to have strong performances in the stock market in 2023.
• ☄️ The adoption of AR (augmented reality) may outpace VR (virtual reality) in the coming years.

Transcript

Read and summarize the transcript of this video on Glasp Reader (beta).

Questions & Answers

Q: Who do you think will be the main character in the tech world in 2023?

One potential main character is Elon Musk, given his influence and impact in various industries. However, other contenders include Carolyn Ellison, Sam Begman Freed, and Gary Gensler.

Q: What do you think will be the most anticipated trend for 2023?

The most anticipated trend is expected to be a shift towards austerity and focus in startups, emphasizing accountability and more diligent governance practices.

Q: Which company do you think will make the biggest impact in 2023?

It is subjective, but some contenders for making a significant impact are Airbnb, Uber, Spotify, and other players in the consumer market.

Summary

In this video, the hosts discuss their predictions for the year 2023. They cover various topics such as the main character of the tech world, anticipated trends, surprising shutdowns, bag secures, breakout technologies, notable CEO resignations or returns, most anticipated media, over/under predictions, and hot takes for the year. The hosts share their insights and opinions on each topic.

Questions & Answers

Q: Who do they predict will be the main character of the tech world in 2023?

The hosts mention several potential candidates, including Carolyn Ellison (related to the SBF and FTX story), Sam Begman Freed (SBF himself), Bob Iger (returning to Disney), Elon Musk, Adam Newman (founder of WeWork), open AI, Microsoft, Gary Gensler (the head of the SEC), and Jerome Powell. While there are several contenders, the hosts ultimately choose Gary Gensler as their main character prediction for 2023.

Q: What is the most anticipated trend for 2023?

The hosts discuss the trend of austerity and focus. They predict that the tech industry will shift from the age of excess to the age of austerity and focus. Startups will need to be more accountable and make the biggest impact with limited resources. They also mention the importance of governance diligence and holding people accountable for mistakes.

Q: Which company do they predict will have a surprising shutdown in 2023?

The hosts predict that Peloton and BuzzFeed are potential candidates for surprising shutdowns in 2023. They discuss how the recession and changing consumer behaviors could impact these companies, and they express concerns about Peloton's high cost and the challenges of the media landscape for BuzzFeed.

Q: Who do they predict will be the bag secure in 2023?

The hosts have different predictions for the bag secure (someone who benefits greatly from a situation or secures their position). One host predicts that TikTok shareholders will be the bag secure, as the Chinese owners may sell the company to prevent it from getting banned in the US. The other host predicts that Meta (formerly Facebook) could be the bag secure, benefiting from the weakening of TikTok and becoming a dominant player in social media.

Q: Will the new Christopher Nolan movie make over 750 million at the box office in 2023?

The hosts have different opinions on this prediction. One host believes that the movie will surpass 750 million at the box office, considering the excitement for people to return to theaters after the pandemic. The other host is more skeptical and suggests that it might be challenging for any movie to reach that level given the current box office trends.

Q: How many months of recession do they predict for 2023?

The hosts predict that the recession will last for less than 21 months. They believe that the recession might already be underway and that by the first quarter of 2023, the economy will start recovering. They discuss the challenges caused by extreme weather events and the potential impact on the economy.

Q: Will any VCs be charged in a crypto-related crime in 2023?

Both hosts believe that it is possible for VCs to be charged in a crypto-related crime in 2023. They discuss the potential regulatory actions and investigations in the crypto space, and they predict that some VCs might face charges or settlements with regulatory authorities.

Q: Will the total VC capital raised from LPs fall off a cliff in 2023 compared to 2022?

The hosts have different predictions for this question. One host believes that the total VC capital raised from LPs will be slightly up in 2023 compared to 2022. They mention that there is still a lot of money available for investments. The other host predicts that total VC capital raised might be flat to moderately down in 2023. They mention that some LPs might want to get money back and that some VC funds might struggle to raise new funds.

Q: What is their hottest take for 2023?

The hosts share their hottest takes for 2023. One host predicts that 2023 will be the best vintage of venture investing in the last 10 years, with great opportunities for deploying capital into startups. The other host predicts that climate will be the investing opportunity of 2023, with a focus on climate-related investments and the need to address climate change.

Q: What is their most anticipated technology for 2023?

One host mentions the highly anticipated release of Apple's AR goggles, which could revolutionize the augmented reality experience. The other host mentions the concept of bi-directional charging in electric vehicles, which allows vehicles to power homes and store energy. Both hosts express their excitement for these upcoming technologies.

Takeaways

The hosts of the video provide a range of predictions for the year 2023. Some notable takeaways include the potential main characters of the tech world, the anticipated trend of austerity and focus, the possibility of surprising shutdowns and bag secures, the breakout technologies of AR goggles and bi-directional charging, and the potential hot takes for investing and political nominations. These predictions highlight key areas of interest and potential developments for the year ahead.

Summary & Key Takeaways

• Main characters of 2023 in the tech world may include Carolyn Ellison, Sam Begman Freed, Bob Iger, Elon Musk, Gary Gensler, and Jerome Powell.

• The most anticipated trend for 2023 is the shift towards austerity and focus in startups, with an emphasis on accountability.

• Peloton and BuzzFeed are predicted to be the surprising shutdowns of 2023.

• Tick-Tock shareholders are expected to make a huge payday as Chinese owners sell the company due to potential bans in the US.

• Bi-directional charging for electric vehicles is anticipated to be a groundbreaking technology in 2023, allowing EV owners to contribute power to their houses during outages.

• The new Indiana Jones film and the return of succession and Carolyn Ellison are notable events in the media world for 2023.