E1112: Emergency Pod! Nikola fraud allegations, Trevor Milton resigns

Check out the full Trevor Milton interview: https://youtu.be/SH-zhlqvJWM

Jason on CNBC 9/11/20: https://youtu.be/_FV7g2UJDsw

FOLLOW Jason: https://linktr.ee/calacanis

Referenced in this episode:

Hindenburg Research - Nikola Report:

https://hindenburgresearch.com/nikola

FreightWaves Article:

https://www.freightwaves.com/news/breaking-news-trevor-milton-out-of-nikola

Bloomberg Article:

https://www.bloomberg.com/news/articles/2020-09-14/sec-said-to-examine-nikola-over-short-seller-s-fraud-allegations

Nikola Press Release:

https://nikolamotor.com/press_releases/nikola-sets-the-record-straight-on-false-and-misleading-short-seller-report-96

Nikola One Video:

https://youtu.be/IAToxJ9CGb8

Listen here...

Apple: https://podcasts.apple.com/us/podcast/this-week-in-startups-audio/id315114957

Spotify: https://open.spotify.com/show/6ULQ0ewYf5zmsDgBchlkr9

Overcast: https://overcast.fm/itunes315114957/this-week-in-startups-audio

More from us...

Twitter: https://twitter.com/twistartups

Instagram: https://www.instagram.com/twistartups

Official site: https://thisweekinstartups.com

Thanks to our partners...

Klaviyo - Get started with a free trial at https://www.klaviyo.com/twist

LinkedIn Jobs - Get a $50 credit toward your first job post at https://www.linkedin.com/twist

Silicon Valley Bank - For over 35 years SVB has helped thousands of tech and life science companies plan for the future. Learn more at https://SVB.com/next

Show notes:

0:00 Jason gives thoughts on Nikola, his interview with Trevor & breaks down the recent Nikola timeline

6:19 Hindenburg Research report reaction

11:07 Klaviyo - Get started with a free trial at https://www.klaviyo.com/twist

12:26 Jason reflects on Trevor explaining why Nikola went public

17:41 Reflecting on Trevor's reasoning for announcing the Nikola Badger

24:18 LinkedIn Jobs - Get a $50 credit toward your first job post at https://www.linkedin.com/twist

25:45 Jason reflects on Trevor explaining why he sold $70M worth of shares pre-launch

33:10 Reflecting on Trevor's answer about trolling Tesla with the name Nikola

36:22 Silicon Valley Bank - For over 35 years SVB has helped thousands of tech and life science companies plan for the future. Learn more at https://SVB.com/next

37:28 Jason reflects on his recent CNBC hit, why investors should never invest in anything pre-product that's valued over $1B

44:00 Advice to founders regarding fundraising

46:09 Final verdict on Nikola

Subscribe to TWiST Clips for all the best moments... https://www.youtube.com/channel/UCS7tJlcUA6PzVHEMo-X7ddg

#investing #NKLA #Nikola