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

Links:

WSJ article on the Gas app

Nikita Bier’s tweet on Gas’s success

Allegations on China faltering the Gas app’s growth

Microsoft lays off 1,000

Chart of all Tech Industry Layoffs since COVID

How To Rally A Company Through a Round of Layoffs

Netflix on building a “team not a family”

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