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On This Week in Startups, the News Roundtable Panel returned, all abuzz over the granddaddy of IPOs–Facebook. Panelists Thomas McInerney and Marshall Kirkpatrick joined Jason and Kirin Kalia of LAUNCH for in-depth insight and analysis on that story and all of the week’s top tech news.

1:00-1:30 Welcome everyone, today on the TWiST News Panel we’re talking about the Facebook IPO.
1:30-2:30 With us today is Thomas McInerney. And also Marshall Kirkpatrick.
2:30-4:30 Tyler and Kirin, how are you both doing?
4:30-5:15 Klout was a big investment win for you, wasn’t it?
5:15-7:00 Big thanks to Squarespace for their support of the program! Everyone thank @Squarespace!
7:00-8:00 Let’s start with Facebook’s IPO. It went out at $38 this morning and closed at the same. Some people are calling this a dud. What do you think?
8:00-10:45 Thomas: Seems like they did a pretty good job matching demand and price.
10:45-12:00 SecondMarket set the price for the IPO months ago: true or false?
12:00-14:45 Marshall, what are your thoughts on day 1 of Facebook’s trading?
14:45-18:30 Marshall, is there one thing Zuckerberg could do to change their fate?
18:30-20:45 Is YouTube the best purchase in the history of technology?
20:45-23:30 Let’s all stop for a second and agree that YouTube is the more important company?
23:30-26:45 Thank you to GoToMeeting for supporting the show! Everyone thank @GoToMeeting!
26:45-28:45 How else should Facebook be making money?
28:45-33:45 Tyler: Do you think a competitor was behind the lawsuit filed against Facebook today?
33:45-36:30 What do you think the biggest risk factors are for Facebook?
36:30-41:30 Breaking: Facebook just bought the company Karma.
41:30-44:45 Congrats to Facebook, now let’s move on.
44:45-46:15 You know, Mark Zuckerberg just turned 28 this week.
46:15-47:30 Thomas: I’m not at all crazy about the Facebook mobile app.
47:30-48:00 Marshall, if you were Zuck, would you buy Pinterest?
48:00-51:30 Next story: BetterWorks made large staff cuts this week. CEO Paige Craig also indicated that they’ll be pivoting. Thomas, what do you think?
51:30-53:30 What do all of those human capital companies do?
53:30-56:30 Let’s talk about CEO Scott Thompson getting canned. Who didn’t see this coming?
56:30-57:30 Insight from Tyler: It’s like a pedophile at a Justin Bieber concert.
57:30-01:00:00 Marshall, what’s your take on all this Yahoo nonsense?
01:00:00-01:04:00 Jason reveals his game plan for revamping Yahoo. Does Marshall agree?
01:04:00-01:05:30 Thomas: I’ve always thought of Yahoo as more of a content company than as a tech company.
01:05:30-01:08:15 Aaron Sorkin has been tapped to adapt the Steve Jobs bio for the big screen. Who should play Jobs in this version?
01:08:15-01:10:30 How smart can Ashton be if he decided to do that horribly offensive Popchips commercial?
01:10:30-01:14:15 Kirin, are you offended by Ashton playing a Bollywood character?
01:14:15-01:15:30 Thomas: I like Daniel Day Lewis as an older Steve Jobs.
01:15:30-01:16:45 Thank you to Marshall and Thomas for joining us today. We’ll see you all next time.

Support This Week in Startups and independent media by joining the TWiST Producer Program at TwistList.co!

Want to support TWiST another way? Use bit.ly/twistamazon when you shop and a portion of your purchase will go toward helping keep independent media like TWiST on air!

Keep up with the latest from our sister company, LAUNCH:

• First Eight Companies for LAUNCH Education & Kids
• The Age of Excellence
• Is There a YCombinator Valuation Bubble or Not?
• The One Product that Makes Apple a Trillion-Dollar Company Overnight
• Mint.com-for-the-cloud Cloudability to Graduate from TechStars Cloud with 2k+ Customers

FOLLOW ON TWITTER
Jason: @jason
Tyler: @steepdecline
Kirin: @kirinkalia
Thomas: @tgmtgm
Marshall: @marshallk
GoToMeeting: @gotomeeting
Squarespace: @squarespace

SPECIAL THANKS TO OUR PREFERRED PARTNER eMINUTES
Lawyers who focus on forming and maintaining corporations and LLCs. Check them out at eMinutes.com and @eminutes.

Special thanks to the members of the TWiST Backchannel Program!

Click here to stream the audio version of this episode.

Join our mailing list and be the first to learn about upcoming guests!

On This Week in Startups, Jason welcomed entrepreneur and investor Jennifer Lum. Jennifer is the co-founder of not only Adelphic Mobile, but also her own investment firm, Apricot Capital.

1:00-2:00 Welcome everyone, we’re here today with entrepreneur and investor Jennifer Lum.
2:00-5:45 Tyler: What would you be doing if you weren’t doing startups?
5:45-9:15 Thank you to MailChimp for supporting the show. Everyone thank @MailChimp!
9:15-10:00 Jennifer Lum is with us today, welcome to the program!
10:00-11:15 Tell us about selling your company to Apple. How did that go down?
11:15-14:15 What was your time at Apple like?
14:15-16:00 What’s unique about mobile advertising vs. web advertising?
16:00-18:45 What’s an example of where location and timing would matter?
18:45-20:15 Do local businesses know how to advertise and use this technology? How do you get them there?
20:15-22:45 Will more dollars ever be spent on mobile vs. the web?
22:45-26:30 Thank you to Trada for sponsoring the program! Everyone thank @Trada!
26:30-28:30 Jason tells the story of when he met Steve Jobs.
28:30-29:30 So tell me about Adelphic–why is it different?
29:30-31:00 What’s the distinction when you say “at scale”?
31:00-33:30 Is there a privacy concern? How do you protect consumer privacy?
33:30-36:00 Do you think it’s really a big issue for people?
36:00-39:15 Tyler: I think Path responded to the criticism well.
39:15-40:00 Jason and Tyler look at a study showing user distrust in Facebook privacy.
40:00-42:00 Jennifer, how do you feel about trust issues as an entrepreneur?
42:00-44:00 Why did you decide to start your own investing firm?
44:00-46:00 Why did you chose Boston?
46:00-54:15 Jennifer, it’s been great having you on. How can people follow the progress of Adelphic?
54:15-55:30 Let’s hear a Shark Tank pitch from Micah Alcorn of Homewrd.
55:30-56:30 Micah begins his pitch for his app that connects lost and found pet with their owners.
58:00-1:00:00 What could Micah have done better?
1:00:00-1:02:45 I’d put this pitch somewhere between and 8 and a 9. But I have a hard time thinking that someone will take the time to download an app. I’d give the business idea a 7.5.
1:02:45-1:07:30 Micah, why did you create this app?
1:07:30-1:08:00 Tyler: I think you got so engaged in this because he made it a really emotional issue
1:08:00-1:14:15 You might want to make this a Kickstarter project.
1:14:15-1:16:30 Thank you to Trada and MailChimp for supporting the show. We’ll see you all next time!

Support This Week in Startups and independent media by joining the TWiST Producer Program at TwistList.co!

Want to support TWiST another way? Use bit.ly/twistamazon when you shop and a portion of your purchase will go toward helping keep independent media like TWiST on air!

Keep up with the latest from our sister company, LAUNCH:

• First Eight Companies for LAUNCH Education & Kids
• The Age of Excellence
• Is There a YCombinator Valuation Bubble or Not?
• The One Product that Makes Apple a Trillion-Dollar Company Overnight
• Mint.com-for-the-cloud Cloudability to Graduate from TechStars Cloud with 2k+ Customers

FOLLOW ON TWITTER
Jason: @jason
Tyler: @steepdecline
Jennifer: @jenniferlum
MailChimp: @mailchimp
Trada: @trada

SPECIAL THANKS TO OUR PREFERRED PARTNER eMINUTES
Lawyers who focus on forming and maintaining corporations and LLCs. Check them out at eMinutes.com and @eminutes.

Special thanks to the members of the TWiST Backchannel Program!

Click here to stream the audio version of this episode.

Join our mailing list and be the first to learn about upcoming guests!

On This Week in Startups, Jason, Tyler and special guest co-host Shamal Ranasinghe (virtually) traveled all the way to Colombo for the first Sri Lanka meetup! We saw five entrepreneurs with well-thought out, competitive products, but only one won… So which?! Watch and find out.

1:00-2:00 Welcome everyone to the first TWiST Sri Lanka meetup!
2:00-4:30 We’re very excited to hear from five startups in Sri Lanka today.
4:30-7:30 With us today is Shamal Ranasinghe, one of the co-founders of Topspin Media. Welcome Shamal!
7:30-9:00 Are the Sri Lankans an industrious people?
9:00-11:00 Thank you to Sourcebits for sponsoring the show!
11:00-12:30 Sesiri, what do you do in Sri Lanka?
12:30-16:00 Buddhika Siddhisena pitches ZoomBa, an enterprise app that helps increase employee collaboration and IT infrastructure functionalities.
16:00-17:45 What are some of the services you provide?
17:45-19:00 Do customers want the CRM services that you’re offering, as opposed to going with another provider?
19:00-22:30 Shamal offers his feedback.
22:30-24:00 Next is Jehan Bastian from eDGEVANTAGE, which offers web-based document and workflow management support.
24:00-25:30 I think we understand the idea. Who are your big clients?
25:30-27:30 What open-source software is this built off of?
27:30-28:45 Shamal, what are your thoughts about going up against big companies like this?
28:45-33:00 Thank you to GoToMeeting for supporting the program!
33:00-34:30 Mangala Karunaratne pitches Xaffo, which is like Google Analytics for social media.
34:30-36:30 Is this product launched already?
36:30-36:45 Working on a low price isn’t as important as working on a killer feature.
36:45-41:30 Shamal: It’s a crowded space and anything you can do to focus on ROI for the user would be a good way to go.
41:30-44:45 Next we have Ehantha Sirisena pitching OWI Systems, a customizable hospitality solution for restaurants and clubs.
44:45-45:30 How long have you been around?
45:30-46:15 Tyler: Because it’s so broad, it’s hard to follow in a pitch. You’re better off focusing on one problem you’re solving.
46:15-48:45 Shamal: The pitch started off strong, but then it went in so many directions.
48:45-50:15 What’s the technological foundation in Sri Lanka?
50:15-52:15 Last to pitch is Ashoka Ekanayake of Let Go! App, a system for helping you manage and improve your emotional intelligence.
52:15-54:15 The name is ok, but the logo is bad. This is certainly the most original idea of the group.
54:15-56:00 Tyler: It would be amazing if you could tie this to your heart rate.
56:00-58:45 Shamal: I like emotional intelligence and I like the concept.
58:45-01:00:45 An insight from Tyler: This is like an out of work developer.
01:00:45-01:03:15 You just don’t want this app to be enabling.
01:03:15-01:08:30 Why did you build this, Ashoka?
01:08:30-01:10:30 Let Go! App is declared the clear winner! After a vote, second place goes to eDGEVANTAGE.
01:10:30-01:13:00 Thank you to everyone in Sri Lanka and thank you Sesiri for organizing! We’ll see you next time.

Support This Week in Startups and independent media by joining the TWiST Producer Program at TwistList.co!

Want to support TWiST another way? Use bit.ly/twistamazon when you shop and a portion of your purchase will go toward helping keep independent media like TWiST on air!

Keep up with the latest from our sister company, LAUNCH:

• First Eight Companies for LAUNCH Education & Kids
• The Age of Excellence
• Is There a YCombinator Valuation Bubble or Not?
• The One Product that Makes Apple a Trillion-Dollar Company Overnight
• Mint.com-for-the-cloud Cloudability to Graduate from TechStars Cloud with 2k+ Customers

FOLLOW ON TWITTER
Jason: @jason
Tyler: @steepdecline
Shamal: @shamalman
GoToMeeting: @gotomeeting
Sourcebits: @sourcebits

Special thanks to the members of the TWiST Backchannel Program!