Was She Really a Spy? $500B Lost & Nvidia Without Jensen

This Week In Startups is made possible by: PayPal: https://paypal.com/business G2i: https://g2i.co/twist Deel: https://deel.com/twist Plaud: https://plaud.ai/twist Today’s show: Jensen Huang is out at Nvidia, the company he founded and ran for three decades, but Jason has a prediction: he’ll be back in 12 months. If Sam Altman and Steve Jobs can return, then Jason says, so can Jenson. On this Friday news show, Jason and Lon break down the Nvidia board’s decision to push out Huang, the WSJ report that he called his replacement “a deer in the headlights,” and the congressional investigations that are surely on the way. Jason asks why this story is breaking right now, so quickly after the midterm elections, and who stands to benefit from Huang’s ouster. PLUS: Hubspot’s bringing back Brian Halligan to “re-found” the company. What does this mean, and why does it seem to be such a successful strategy? Then we’re answering the X question of the day, considering the SpaceX-Tesla merger rumors, fiending for a Salt Hank’s French Dip sandwich, and wondering if “GTA VI” will be the last video game sequel to require 8 years of development. Relevant Links X Question of the Day: From @verifact: did $1B of Megaspeed's Nvidia chips reach China?: https://x.com/verifact Nvidia's Jensen Huang resigns; CFO Colette Kress named interim CEO (Fortune): https://fortune.com/2026/11/11/nvidia-oust-jensen-huang-spy-affairs/ Who is Colette Kress? (TechCrunch): https://techcrunch.com/2026/11/12/jensen-huang-is-out-at-nvidia-who-is-colette-kress-his-interim-replacement/ Bessent points the finger at Commerce over Megaspeed (CNN): https://www.cnn.com/2026/11/13/politics/bessent-lutnick-nvidia-megaspeed-blame David Sacks on the spy narrative: https://x.com/DavidSacks/status/2121070881258504395 Ken Leung on Industry (The Daily Beast): https://www.thedailybeast.com/obsessed/industry-star-ken-leung-on-hbos-most-underrated-masterpiece Hillary Clinton co-hosts with Kara Swisher (Pivot): https://podcasts.happyscribe.com/pivot/michigan-s-primary-drama-the-doj-s-next-boss-and-hillary-clinton-co-hosts [swap for official Pivot link] HubSpot: Brian Halligan returns as CEO to lead a refounding (HubSpot) → https://www.hubspot.com/company-news/leadership-transition Refounding Ro to $3B+ Run Rate (Zach Reitano): https://x.com/ZReitano/status/2120502035455811893 Matt Shumer's AI-built GTA-style New York (Digg): https://digg.com/gaming/2iodwuom Timestamps: 0:00 Jensen Huang fallout continues 6:52 Casting the Jensen miniseries 8:40 PayPal: PayPal is built for all businesses. Get started at https://paypal.com/business 12:22 Jason on the podcast “Super-Team” format 18:36 Tim Cook as Nvidia CEO? 19:42 G2i: G2i has been recruiting software engineers for over a decade. Go to https://g2i.co/twist to find out how G2i vets engineers, and can help you hire them in days, not weeks. 20:43 Plaud (Black Friday): Meet Plaud, your AI-powered work companion that captures meetings and calls and turns them into summaries, key insights, and action items - so you can focus on making decisions and growing your business. BLACK FRIDAY: 20% OFF Plaud devices through November 30! Shop here: https://plaud.ai/twist Use code: TWIST Less time taking notes. More time building. Limited-time offer. Eligible devices only. 21:46 The “Refounding” trend comes to HubSpot 25:22 Not job loss, but static team size 29:36 Deel: Founders scale faster on Deel. Set up payroll for any country in minutes, hire anyone anywhere, get visas handled fast, and get back to building. Visit https://deel.com/twist to learn more. 30:37 Tesla’s lost five years 43:12 The X Question of the Day 47:29 GTA VI vs. a Fable-built Manhattan 49:24 Salt Hank’s French Dip sandwich 51:42 The best true tech shows 57:33 Check out our “Tactical & Practical” Substack Subscribe to our newsletters on Substack: TWiST: https://twistartups.substack.com/ Thank you to our partners: PayPal - PayPal is built for all businesses. Get started at https://paypal.com/business G2i - G2i has been recruiting software engineers for over a decade. Go to https://g2i.co/twist to find out how G2i vets engineers, and can help you hire them in days, not weeks. Deel - Founders scale faster on Deel. Set up payroll for any country in minutes, hire anyone anywhere, get visas handled fast, and get back to building. Visit https://deel.com/twist to learn more. (Plaud - Meet Plaud, your AI-powered work companion that captures meetings and calls and turns them into summaries, key insights, and action items — so you can focus on making decisions and growing your business. BLACK FRIDAY: 20% OFF Plaud devices through November 30! Shop here: https://plaud.ai/twist Use code: TWIST Less time taking notes. More time building. Limited-time offer. Eligible devices only. Check out all our partner offers: https://partners.launch.co/

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