FACT CHECKERS vs. tech article (ep14)

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welcome to technology Brothers the most profitable podcast in the world today we are putting my good friend Teddy Scher in the truth Zone uh if you don't know Teddy he's a journalist he hit me up and said hey I I I'm writing something about this secretive Gathering of rising magad

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donors in Las Vegas I heard you're there I ran into him there I said cool send me your website I want to check it out I love substacks uh he sends me this URL I hadn't seen it before NY time . and I went and checked it out it's kind of like a kind of like a extreme

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left py McCormack like they do the news it's kind of like a substack you can subscribe um but it's all very techno pessimist instead of techno Optimist which is kind of cool it's like very different it's like the opposite of py they they had a big issue with their Tech Team sort of rebelling right they

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wanted right was a te bement issue yeah but what what is cool and I was on the fence about talking to him um because of kind of the Vibe of the whole website but then I saw on their website you can pay them to print out the website and mail it to you no way yeah yeah and we

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love printing stuff I love printing stuff so then I was like I'm in Teddy talk noin at that point uh so I run into him we we we we chat a little bit at the event and he broke it down he says new from Vegas I went to the Rockbridge Network fall Summit last week fun times

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featuring uh it's funny because he he did go but he didn't have a ticket so he couldn't go inside no way so he was just hanging out in the in like the bar area talking to people it was very uh semore hirs you know it kind of like it was it kind of like a project Veritas approach

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like no no no no no it wasn't like that everyone he he was very upfront with with who he was and he was like shaking hands and introducing himself and it was it was very bum board but it was you know you know when when journalists go into war zones and they have like a

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helmet on and they have like a vest and it says like press or whatever do you have that on didn't have a press pass he didn't have he could have been lying to people but he was not he was he he was he was just hanging out and people were happy to talk to him honestly like I

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think that there was nothing that crazy going on and uh he's on the kind of the Elon Musk the tech politics beat and so he wanted to talk to all the tech people who were at this event trying to cross over so uh it was featuring Rebecca Mercer Donald Trump Jr Susie WS friends

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of Elon me sick and an ascendant part of the Republican donor universe I did not donate I did not donate but I did get in which was cool but we got to put him in the truth Zone because Zone on this show we do not allow any any fibs any clipping any taking out of context and

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so Teddy you're going in the truth Zone buddy we at this show we like to trust the experts and those are people like Joe Rogan and ubberman uh Lex Freedman yes py McCormack py McCormack right Chris Williamson yep Sean pury sill Bloom trust the experts uh the experts aren't with us today but we'll try to

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you know sort of we'll channel the experts channel the experts channel the experts uh and so um he writes the title of the article that he wrote was behind the scenes at a secret gather Gathering of rising magad donors just four days after being named the next white house

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chief of staff Susie WS was waiting patiently for an espresso drink at a five-star hotel in Las Vegas overnight she had become one of the most powerful people in America the value of a minute of her time could not be higher during the presidential transition Republican

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Strivers are hounding her for desirable gigs and back at marago president-elect Donald J Trump has been courting controversy with his picks yet here she was thousands of miles away flanked only by a security guard alone in line at a four- Seasons coffee shop she had just

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peeled you notice how he's saying she's not at the actual event because he's at the coffee shop yeah he's hunting around I love that uh he really he really did just I'm waiting for him to say I ordered espresso martinis for two because it was paston and we were ready

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for a power lunch yeah love that I don't know if he got there and so he he goes on to say the group which uh this is all for the Rockbridge Network he said it was co-founded five years ago by JD Vance sprouted an informal set of dinners into a powerful Coalition of Republican donors who have given more

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than $100 million to Rockbridge products uh projects since 2019 according to a person close to the group and so uh this is just an interesting uh just lesson for Founders or anyone who's doing anything with the Press there are kind of three tiers of like talking to a

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reporter are you familiar with this so the base level is like is like off the Record like you can't quote me you can't uh you can't say a person familiar with the matter but I'm giving you this information and then hopefully you can go and use it to to write a better story

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write a better story exactly and it's pretty safe to speak on background or off the Record um yeah I think there's this General I think there's this General fear of journalists within Tech yep and Tech is World Wrestling now and so we need heals and that's where the

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journalists are filling in right now exactly exactly yeah the thing I would say every every technology journalist and I think we should call them technology journalists just because Tech has broadly been used as a slur sure but um technology journalists that I've spoken to have been incredibly

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respectful of the ground rules of Journalism off record on backg on record so this is an example of someone talking on background it says a person close to the group uh gave them uh or gave Teddy a you know the information that they have raised more than a hundred million and so they didn't want

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to be named but they were okay with that making it into the into the article um and uh and this is all in service of helping lead silicon Valley's March to the right for Rockbridge Mr Vance election as vice president was a crowning achievement and a tantalizing

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opportunity to wield New National influence but Rockbridge has lar largely kept its activities stealthy mindful of how groups of wealthy conservatives like the coke Network have drawn attacks from both liberal detractors and Republican wannabes this is the don't build in

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public thing yep you know never build in public never build in public uh except so as a caravan of black SUVs shuttled in the billionaires from their private jets last week members of the Rockbridge roster could be spotted around the Hotel Rebecca Mercer uh the Republican the

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Scion of one of the most prolific Republican donor families greeted wellwishers in the lobby uh Ken Howry and L Luke noi shout out love those guys former uh Partners at Founders fund co-founders of the firm uh and they worked with Elon Musk at PayPal made them Mega wealthy themselves and uh and

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we were actually Teddy and and the three of us were all hanging out uh I did not get a chance to talk to Tyler and Cameron winlos but they were there and he describes them as the 6 fo cryptocurrency investors and former Harvard heavyweight rowers made famous

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in The Social Network they do not get enough credit for Reinventing themselves and running it back in like a massive way and it's honestly if if companies like coinbase were not so dominant from a narrative standpoint they would get even more credit exactly like they they

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in many ways were were cucked Again by Brian AR to some degree and they did they did do a good job of uh of just believing in in crypto like very early in a ton of it early right yep uh attendees with white and red gift bags and lanyards I didn't get a gift bag I had a lanyard brutal that's brutal uh knew how

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to be Clos lipped when approached by Hotel Interlopers or by The Times Reporter he's like referencing himself I love this who was not invited to close press festivities I like that he's giving but a copy of the agenda listed remarks by several Tech billionaires

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including andal co-founder Palmer lucky and venture capitalist Mark andron who spoke about his support for deregulating technology and the mixed reaction in Silicon Valley to his endorsement of Mr Trump according to attendees uh there were Tech up incomers too Donald Trump

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Jr announced at the welcome dinner that he was re he was entering venture capital and days before President El elect chose Robert F Kennedy for Health and Human Service secretary Mr Kennedy spoke extensively about his Public Health work to a standing ovation uh it's the domestic Davos in the desert

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said Ro Rockbridge braer backer Omid Malik referring to the ual business conference in Riad and Donald Trump's Junior's new business partner that's interesting because yeah om Malik ran Giga oh for a long time big media guy and then big investor I'm pretty sure it

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might I might be getting that wrong but um it makes sense that the next Davos is in America in Las Vegas right I like it I like it yeah it's good um but the reason that I wanted to put teddy in the truth zone is that I'm in this article and he quoted me and he cut some very

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important important stuff out so let's let's read he says generally uh this is a quote from me in the times uh he says generally I say generally everyone at Rockbridge was very happy that technologists and politicians are working together directly again and not

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openly hostile toward each other this is just kind of what I felt in the room said John kugan who attended it's no longer a question of whether technology will drive the future but how we guide its impact so it makes sense that Tech billionaires and the political Elite are

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partying together which I liked but that's not what I said Teddy I I said something I had another line in here I said Rockbridge was a stark reminder that the march of techn capitalism is unrelenting reshaping every aspect of of our society it is no longer a question of whether technology will drive the

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future but how we guide its impact so it makes sense that Tech billionaires and the political Elite are partying together and he took out the techn capitalism is unrelenting part and I don't know why I do not know why uh but I know I of course gave him a bunch of

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different quotes and he chose whatever he wanted and that's fine um but I wanted to give you the full story here unfiltered in the truth Zone stay tuned trust the experts but um Rockbridge has grown significantly uh they used to let prospective members attend for just

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5,000 now it's 25,000 although some people said privately that they had been able to get in for Less um they away basically the cost to be a limited partner is 100k and the cost to be a principal partner is a million now that's a status symbol we should do a promoted post for them get some people

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in there y um but in general you know we don't we never we actually never talk about politics on this show but or social issues yeah or or or social issues um but I do I do think it's good that technologists and politicians are talking to each other again and figuring

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out how to reform the government regulate and do all sorts of stuff so um as a technology brother it's great to see the politics Brothers doing good work and the technology Brothers convening with them in Las Vegas it's fantastic so anyway that wraps up the

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truth Zone we are moving on to our next segment what do we have Jordy so today big siiz gong moment uh Fabian pin pink pink haes okay yeah boban pinkes uh is announcing a 500 million million I was going to say dollars but then I caught the symbol here 500 million euro investment in

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Udo at a 5 billion Euro valuation which has been led by capital G and seoa capital along with top investors like mubadala and black rock uh he notes here that it is a secondary transaction no money for the company as we don't need it we grow organically statement he says

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I didn't sell kept the majority uh at this point we're not exactly clear if if he didn't if he means he didn't sell the the company or if you didn't sell shares but either way a $500 million investment uh does that can we hit the size gong for Euros or is that a I would love to hit the size gone

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clearly this is a huge deal but I think I think we got to keep the size gone be it would be unamerican to ring it for euros um but I I mean I love uh Andrew Reid at Sequoia one of the Holy Trinity firms no one loves Sequoia more than I do and he's been a fantastic investor

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he's in figma he's in this company and it's interesting because uh I I hadn't really heard of them and then as soon as I saw this and we discussed talking about this I saw I saw a billboard just driving around Los Angeles for this uh company and their tagline was like the

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only business software you'll ever need and so I think that they've just really carved out a nice little niche for them been very profitable grown significantly and now they get the luxury of doing a huge secondary transaction and it's all part of this trend of company staying

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private longer doing more secondary transactions to get early employees were more secondary transactions in like six companies last year than there were IPO wow that's wild and it's just like showing that but it makes sense the best companies have almost infinite access to

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Capital especially when you're able to cater to asset managers like Black Rock creators of um creators of Burning Man yeah I think yeah Black Rock City they have their own City they have their own City I mean out in the desert Fidelity should do their own city um but uh yeah

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fantastic news unfortunately we can't ring the siis gong on this one maybe next time it'll be in dollars announce it in dollars we'll make it happen if if faan wants to re announce it and then and then reshore to America bring all the jobs here and uh let Europe uh languish and become a vacation

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destination for all the Americans could have said it better myself well that's a good transition as long as we're on uh American Jango ISM um let's let's move on to a question that we got from a viewer uh on YouTube Kion stack says I'm So Into the Pod thank you I appreciate

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that but I'm a Canadian Living in China am I still a brother and that's an interesting question what do you think Jordy man I think we need a a whole hour to kind of break this down what does it mean to be a brother but I think we've kind of come back to this notion that

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being a technology brother is very spiritual as American as we are and as americ as this podcast is the idea of being a technology brother is something that almost knows no borders right agree it's a mindset it's something that in many ways you're born with it's

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genderless uh it's not limited by the constrains of nationalities gender uh even industry right uh you can be a technology brother wherever you are in the world whatever you do for work uh granted that you're risk on and levered up yep and it would be helpful to know

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do you have an angel portfolio what programming languages do you know have you ever convinced your parents to buy Bitcoin what's your astrological sign these things all kind of come together to create the millu of what what a technology brother really is yeah yeah

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an example you know long before we started the show I was able to convince my father retired math teacher to buy Bitcoin at the market top in 20 uh I guess it was 2022 great for thanks giving and uh what really kind of crystallized that was getting him to hold until he made it made it all back

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so I made my dad whole and if I wasn't so convicted in you know decentralized Finance there's no way I could have kept every Jordy I think I want to sell like I'm down you know 60% uh just hold on Dad so yeah uh my my big question for this this listener maybe you can send us a DM is what are

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you doing in China um I would hope that I would hope that you're spying for America yep or that that would be our and that and that you're a Canadian you're saying you're Canadian to build your your your profile up there to build some credibility so when when the CCP

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looks you up there oh he's a Canadian when really CIA G has has put us on his uh most wanted list you know we frequently we we're up in a highrise here in LA and there's frequently DJI drones s of like swarming outside the windows trying to figure out what we're going to say next try to try to hear

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what we're going to you know say off air uh truth is we're always on air so there's there's literally nothing but I would say that I I would say that if you know on YouTube please go subscribe but we only have a few hundred subscribers right now the videos don't get that many

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views if you're getting these recommended to you I would say that the YouTube algorithm has identified you as a technology brother and understands for whatever variety of reasons maybe you've been watching you know Doug jamiro learning about cars Teddy bdar learning

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about watches Lex Friedman podcast D cash and it's put all that together and it's just dialed in you are Tech brother and so here you go this is the perfect show for you and you clicked and you watched and you commented so I'm going to go yes you are certified technology

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brother the only thing is that the next comment it's better be better be on X but buddy better be on X and better be from the United States get back yeah use a VPN yep uh let's go to one more DM uh we got this from an anonymous uh person who seems pretty post-economic

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uh hi John and Jordy I'm planning a renewal of vows ceremony with my family and 300 of my closest friends and business associates next summer my plan is to do a buyout at an at an Aman property and Charter planes to get everyone there I can't decide which property we should choose though what do

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you think and uh I you have the memorized but I I had to print out a list uh so that I could I could run through some of these um but what would your top pick be look uh you can't go wrong with Aman uh you can go very wrong with just about every four seasons and

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every Roz Carlton in the world now yep uh those brands have gone downhill pretty dramatically well let's you know we were still open to them paying us to promote them so of course but we would we would need to be part of a turnaround effort to elevate the properties back to

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their former I think so state so here's the thing uh if I'm uh if I'm this listener I'm thinking you got to go world tour at least locations in two weeks there's something about having novel experiences with with loved ones that is like really bonding and so if you can go to Tokyo start there bounce

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over yeah Venice would be great uh bounce over to Corel sure uh maybe get a little skiing in and then head over to Aman jiri for kind of a classic uh sort of the classic Aman experience it's been shared it's been over shared on on social but it's uh can't in many ways

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can't be shared enough it's dramatic it's inspiring and it's exactly the place that you should be sort of having a moment like that I'm going to disagree with you there I would say keep everyone in the US it's just going to be easier and people are going to have less

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excuses the jet lag even though you're paying for the for the chartered chartered planes just you know pick from the the Us locations amangani amangiri Jackson Hole Lake pow these are great options and you know Aman New York the problem there you're going to have a lot

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of friends who live in New York or they have p dets and they're going to go home after the festivities you want everyone staying on the property locked in and so you got to get a little bit out of the the main hustle and bustle of everyday life um and so I would probably go there

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and and and keep the international stuff to smaller groups but you can't really go wrong I think that's a good take but yeah at the end of the day if you're going them on you can't go wrong yeah so there's no wrong answer but let us know how it pans out and right in with result some

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pictures let us know your dates if you're not doing a full buyout there's a chance that one of us will be on on the property at the same time yeah yeah makes sense um should we do a promoted post and then we'll go into the timeline yeah let's jump in this promoted post is

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from Craig Lawrence he says have posted this before but worth repeating you can literally get a quote for a 100 megaw hour Tesla MEAP pack system online without speaking to a human love the efficiency most ,000 a year BWB s companies won't even do that so Craig here is highlighting the Tesla mega pack

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Fant Tesla supporters here at this point if you order today uh you can get a delivery in Q3 2025 SO waiting uh even less than for the new f80 and the estimated price is actually less than an f80 it's only $90 million uh and you can order one it's much more than an f80 but if you're

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building an if you're building a compound in Wyoming or Colorado or Alaska I think you got to go Tesla did I say did I say you said it's less than an f8 okay okay yeah sorry quite a bit more than f80 what I meant is that uh the down payment is is less than an F how much is

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the down payment on this $90 million battery pack $90 million battery pack only $10,000 due today that's fantastic and like you know look at the efficiency here the estimated annual maintenance is only half a million dollars wow um you can be running this thing if you're

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running you know if you have um at your Chalet and Wyoming you could sort of Leverage this to make sure that all the snow for for sort of three square miles around your property was melted right private golf courts tennis courts uh you know this is a perfect solution for that

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so fantastic product by Tesla we yeah you could run a data center we'll likely look to get one of these uh for our next studio uh in New York um just to make sure that if if for some reason New York were to lose power we would be able to keep podcasting was the famous famous photo of Goldman Sachs

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during Hurricane Sandy where all of New York had gone dark the Goldman sacks they did not they had battery that will be the same for our Manhattan Studio we will never stop podcasting so anyways great product fantastic product from Tesla go buy one uh tell them the

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technology Brothers sent you only $110,000 due today that's fantastic fantastic well before we move on to the timeline we have some breaking news everyone the technology Brothers X account has just crossed 2,000 followers let's go let's go so it is a tradition around here

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every we we we love and respect exponential growth and every time we double we open up a bottle of Dom pering yon there we go and so let's do it you know uh Albert Einstein had an interesting uh quote about uh exponential growth and compound interest I think he said uh compound

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interest is sick yeah isn't that what he said that was word for word I he like e wonder of the world people misquote him asoc he said it was it was he just said it's sick and it rocks dude boom bo there we go thank you to lvmh for making this possible yeah it's fantastic

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and it's important to celebrate wins you know we've been doing this pod for what 38 days we've been on for 18 days and uh exponential growth is a hell of a drug and none of this is possible without our community yep uh and we wish you all were here savoring this

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2013 uh and cheers to you John cheers cheers to you Jordy and cheers to Ben thank you Ben cheers to our vice president that's delici every delici let's fill these up a little bit more and we both have uh some type of flu from I think my son's preschool I think you gave it and so uh this is going to

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be sort of fantastic at taking the edge off taking the edge off you know the other day after we recorded I had a meeting with someone and uh we we enjoyed uh martinis together as we as we chatted and it was fantastic and one thing about this tradition that I think

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is important to note is is we stay fasted prior to uh opening uh the bottle which is key to just make sure you're you're getting the match maximum uh level of of enjoyment out of each sip absolutely so let's put that there Cheers Cheers thank you everyone for

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family if you're already following tell 10 friends to follow turn it into a Ponzi scheme a pyramid scheme the economics will work out later don't worry about it um but you want to get in early you want to be following on X because that's where all the action happens and uh one of Ben's kpis is to

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get to 4K by next week so see if we can do it we got to post some bangers we can pull this off yeah uh we will be back uh you know by next Friday's episode with another bottle of Don Pon yep so thank you to lvmh let's go to the timeline we are discussing cabba cabba is quoting

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perplexity perplexity says the tech bro starter pack courtesy of VC brags shop on perplexity this is a really cool feature from perplexity they they launched uh their competitor to Google shopping and it's just much more AI native much more driven by take a picture shows you exactly less pay to

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play exactly and so in the tech bro starter pack uh I'm extremely confused about this because certainly none of these are familiar to me at all yeah it's the Patagonia vest the alberd sneakers the pelaton bike 0o to1 that is a classic um the Apple Vision Pro and

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the cold plunge and then cabba asks we need to refresh with loud opulence CC Tech Bros pod and yeah I mean it's clear are working on this yeah we are working on this we will be dropping merch we will be um building out the modern tech bro starter pack loud loud opulence is a

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what is the thesis behind loud opulence look we went through a period where you know one Tech uh went through a deeply troubled period of Patagonia vest and and all birds and sort of like stretchy jeans you know there was this it was apolog yeah beaten down by the media demonized

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villainized and the and the reaction to that was to say hey look I might have a you know a billion dollar fund and be making $10 million a year personally but yeah I'm just going to throw on some you know what's it called like athleisure right and it's brutal and it's a

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disgrace really no and look and and over the last decade suits have been Gathering dust a lot a lot of venture capitalists you know just left them in the closet kind of forgot about them but um you know loud opulence is about bringing back a culture of dressing up dressing for the job that you have and

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the job that you want which is typically billions more a yep and uh it's about building a relationship with um you know your local authorized dealer it's about um it's about having the sales associate at heres on speed dial so that when Christmas is around the corner you're

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not going and shopping online you're an appointment so and so instead of the Patagonian invest befriend a Taylor get a custom suit or call John F fantino Lao label suit that makes a ton of sense instead of Al bird sneakers how about a pair of Prada loafers y right yeah and Loud

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opulence again is is the 1% everyone knows instead of a pelaton bike you should be at a barbell yep Rogue yeah no another example of loud opulence as well is um is a one% rule which we've talked about a lot which is uh if you're a venture capitalist take 1% of your AUM and that is the budget

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that you should use for your daily driver um so we'll let you guys do the math but uh a lot of you guys uh I know you're AUM and I see you in Teslas and it sort of pains me step it up St it up $50 million fund that's 500K that's a Huracan easily easily GT3 RS you're

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right there so make it happen uh and if you're not sure what to get I did a cold plunge today it was great but yeah I mean nothing nothing substitutes for just uh some punch should be built into your house too yes and the Apple Vision Pro I think uh you know if you're a real

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Tech brother you can you can afford a home theater exactly which is kind of what the the Apple Vision Pro replaces except you can do it with friends and family and work pro natalist and uh you can't fit a family of four in a Vision Pro I actually saw a wonderful home renovation show where uh a house in

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La they they boosted the entire house up on blocks while they were renovating it and built a new basement for a wine seller underneath I didn't know that you could or just a wine sell uh I think there was a home theater but I I don't know if it was in the basement we're

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going to need a seller her just for bottles of Dom I think so I think so but yeah um so uh little bit of a mixed result at VC brags I think you need to step it up get into the new generation but Caba we're happy to provide you with a ref loud opulence starts at home in

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your home it's Q4 the holidays around the corner many of the brands that that most Express loud opulence are not going to be going on sale so don't worry about Black Friday sales but you got about a month to get those gifts in and uh spend wisely yep let's go to Delian uh he's

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quoting will mantis will says every decision I've made made that wasn't an an instant hell yes has been a mistake every proon list is an admission the thing isn't worth it the path God has laid out for you is so obvious it feels like getting bludgeoned and Delian says

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basically my approach to seed investing pure intuition super obvious when you're bludgeoned by the presence of a phenomenal founder the moment you're writing out pros and cons it's doomed and yeah I mean this this post by will really resonated and I think a lot of people uh enjoyed Delian post as well

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and I think there's something that even if you're not an investor um just leaning in on that intuition trust there's something there's something Universal about this because every time somebody posts about this phenomena I immediately am like that totally applies

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to like a very specific decision that I need to make in the next like 48 Hours 72 hours a decis and it's such a good reminder so Delian will repost this once a week you're doing a a service for the community so we can all make better decisions yeah it is it is tricky like

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if you're kind of more of a a quantitative thinker or like a Frameworks guy yeah even around gut you want to put a framework I had a friend who was like oh it's all Vibes I'm A vibe aligner that's my whole job is to just align Vibes I'm A vibe architect he call himself I was like that's good but

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then later in the conversation he described how he made like a pro and con list about whether or not he should go on vacation I was like uh I think you could just lean on Vibes for that one like all Vacation Fun and he had a whole framework for why vacations are

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important and it was very thoughtful and it really resonated with me and that was a good part of the conversation but truly like if you're actually in the vibe architect world you probably don't need to be doing the the the framework stuff at all but it is hard I I've run

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into investors very successful investors who cannot describe their investment process at all and it's very frustrating because everyone wants a framework everyone wants a a pattern or Playbook that they can and that's the stuff that normally does really well on social

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media is just just do this checklist just build this model and this will deliver results but as soon as you can concretize it you lose all the alpha yeah and soes are important I I try to be honest with myself when I'm looking at my own portfolio my my best preed

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investment ever yep uh is a company where when I met the CEO you know within literally probably three minutes of talking I knew I wanted to invest uh I knew the company would work and sort of get to the level of traction that it has I knew that there were risks and many of

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those risks are still like real and they're sort of like steadily trying to like knock them down uh but it's important you know even now when I talk about that investment with with other investors I'm not going to like go reverse engineer some like super complex decision-making process because so much

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of venture is just it's obviously just getting into the companies that matter and then uh you know yeah it's like pretty binary like where you write or not right yep let's go to Sam Hogan he says someone should start a studio of cracked devs plus GTM team and just look

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at the YC batch every season for the best ideas and then front run them so this is this is basically YC but just doing doing it to the last patch right look at Daniel look at Daniel like you know being a crack Dev creating a company in a specific space and then their new request for startups was

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basically like his business uh one of the one of the lines was like his business so YC is basically saying hey crack other cracks we want to do more of these come come compete what's interesting is there are two narratives about YC like one is that that it's like uh oh

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like copy paste on a bunch of ideas that are like you know popular at the time but then there's the other one which is like the the fast CEO was no not fast uh the uh Don uh what was his name the the guy who started love.com brlo breslo he was like YC's a mafia like they will

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Crown uh a champion and then they will never do a deal in that space again and it's kind of like the exact opposite toally totally not true yeah so I think it's actually super positive if you have one if you have one company that is super super promising solving an

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important issue why would we not want five other teams like attacking it from different angles because you're more likely to create a generational company that could help you know millions of businesses you know employ you know hundreds of thousands of people over

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time all these different things you know create some transformative technology we we actually want we want a density of smart people pursuing specific problems and so it's generally it's kind of annoying if you're the founder that's being cloned by three to four other YC

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companies but use it as fuel right like dar dar dar is somebody you know he posted the other day he was like you know some competitor like direct competitor got announced and he's like cool like another reason for me and my team to work 12 hours a day yeah yeah I do think that the the like direct

35:00

competitor thing is a bit overrated because if you're really if you're really delivering on your mission and growing really quickly like these should be potential Aqua hires potential Talent farms and yeah look at look at anderol like anderol has like 100 100 companies

35:18

that are now like doing effectively like they either break out or and become Partners to Ander roll or they get you know it's like off balance sheet R&D yeah yeah yeah yeah as as at a certain point like once you once you have the formula dialed in and you are the the

35:32

power law company the competition is actually beneficial to you totally um well that's a great post because those are yeah those are those are other companies that are upskilling there oh this is this is uh fantastic Mike shevet over at tra he says today's news there was a fire in New York City where his

35:49

company is based a large fire in the building it might have been in the same building large fire breaks out on Soho rooftop and and the and they got press around this because they kept working and it says FDNY hottest startup in NYC tra stays locked in despite fire I love

36:09

that they called NBC New York and got this done it's amazing and and they actually went over the ramp office yeah ramp posted everybody I think like what a heroic move potential brother of the week right here potential brother of the week never fantastic grinding yeah

36:23

fantastic I mean he has he has done a great job of monopolizing the the hardw work ethos in a way that gets a non- cringe way yeah it's not it's not cringy to people who are insiders to Tac it is a little cringey to to Outsiders who don't understand where the alpha

36:44

exists in this I don't know if it's I don't think it's cringy to Outsiders he has yeah no it pushes people away exact but it pushes the right people away exactly exactly but but he hasn't become an outcast there are some people post like hustle porn but they never build anything and and it's just hustle

37:02

porn for hustle this is an example of living the brand right and capturing the moment perfectly by getting some some and you take a look at this dude and he's jacked and like clearly lives like every moment like at 110% and so you you just see that it's like he's he's the

37:18

real deal he has the proof of body totally and the proof of like work ethic and everything yeah fantastic congrats to Mike for making it through the fire always stay locked in stay locked in always love her I love it do we have another promoted post promoted post from

37:32

Ted Feldman he says Engineers wanted Duran Duren is hiring a founding software engineer if you want to help build the next thousand mines in America this role is for you uh incredible opportunity We Love mining uh we love Rare Earth minerals uh Duran is a company it's not crypto it's it's actual

37:52

it's real mining mining for Rare Earth minerals look at this uh you know fantastic asset that he has here fantastic you know you know software engineers in Tech has has spent you know decades sort of looking out into the world and looking up at the stars and

38:08

it's time that we look down into the ground let's drill baby drill uh go uh if you are a software engineer uh incredible opportunity go to Duran mining technologies. applyto job.com go apply for this job uh tell them the technology Brothers sent you and and uh thank you to Ted for for for

38:30

mining on to bigger and better things fantastic good luck out there uh let's go to Diego Diego says you can get the USA citizenship by marrying a USA citizen they also had to introduced the H1B and the 01 Visa because politicians knew you autistic MFS had higher chances

38:48

of discovering AGI than making eye contact with a woman for over 5 seconds I mean incredible foresight by by our politicians fantastic uh and we love the H1B program there's some great companies that make the process easier we want all the smartest most ambitious people in

39:09

the entire world to come to the United States and build the next TR comp here if you need a uh a recommendation letter this is a thing for the for the o1 and the H1B hit me up I'm happy to write you a a letter recommendation I've done many times TB listeners get recommendation

39:26

letter% um just give me a little bit of your background we'll talk and I'll figure something out but I'm I'm happy to write these letters I want to recruit I want America to grow I want a billion Americans crushing it and I'm I'm happy for both all these paths to citizenship

39:41

we need to acquire we need to be a talent magnet yep we need to brain drain all the unamerican companies all the unamerican countries need to be brain drained every single one every single one we got all the all the all the all the all the Giga Chads

39:58

in America we'll talk you build yep Morgan Barrett says how it feels to wake up and see your midnight throw a tweet doing numbers low low Tam low Tam Banger I think I think this one super viral this you have 35k likes on a tweet that said um I have a 100% hit rate with cold

40:19

emails when I use a female name and an edu address yeah so I think he got like a thousand followers too overnight which is which is pretty intense yeah um huge and congrats Morgan good post congrats to Morgan yeah not I I I want every single person in America to be able to

40:34

experience what he just did I it's amazing when you when you get something that goes past 10 20K it's like your phone's just exploding every time you open it up the dopamine's just rushing it's it's F inredible feeling incredible feeling and it's easier than ever given

40:49

the new X algorithm because it everything is getting more pushed out to the to the edges of the curve essentially like you will have a post that goes mega viral and then the next one will get 26 likes yeah no this this guy Morgan like had likely that you know hack that he has of using female edu

41:11

emails he could dramatically change you know US GDP growth this year if enough people put that to work and and sort of hit their quota hit their quarterly goals hit their annual goals um so thank you to Morgan for sharing uh this little hack I don't know if he should have leaked that Alpha

41:29

every sales agent check this box if you want to use ited I wouldn't be surprised if we see an AI sales agent startup buy a for-profit university just to get a edu oh yeah so that they can license those to people that's fantastic Al I wonder how he's getting a edu that that sounds

41:52

maybe he's using his like there's a whole there's a whole there's Aela there's a there's a small but profitable SAS company built a marketplace where uh people at universities can can lease they should lease their emails to sales reps uh so if you are a young technology

42:12

brother you know uh maybe in college today start that Marketplace uh I think you could get to a million dollars of AR off that business and retire your parents so do it it's great uh Ben probably probably very uh against the terms of use but probably but uh great

42:30

things often times have to sort of skirt the the rules uh Ben says the bit have may have gone too far and he posts a screenshot that says EV cars that will be launched by the Tata Motors owned British car manufacturer Ben hilac the M maker of the new logo previously worked with

42:47

apple as a designer he however claimed that the logos letters are all in uppercase responding to users on his post Ben remarked that the logo actually resembles a Jaguar with J being the tail and R the head what is he talking about I don't think all so so Jaguar had their

43:05

Rebrand re announcement this week it went it went it couldn't have been couldn't have gone worse I saw the CEO was like talking to the Boomer media saying like oh actually a bunch of people really liked it there is a hot take that it's like at least they got attention because this is the most

43:19

Jaguar has been talked about in years yeah but like they could have done something like this and got much better attention there were just a lot of better ways they could do it but Ben went out did the smart thing captured the moment claimed credit for doing the Rebrand he's a

43:33

designer he's not a Jaguar has nothing to do with jaguar in the media now so he went out and claimed credit uh and you know got picked up and and in this situation for Ben uh this kind of attention I think is fantastic this is him he's he's po oh my I just put it together that Ben H Ben

43:52

high that he was joking and then he they picked it up they picked it up as news I I think I don't yeah I don't I don't know the guy but I think he's got a cool startup great designer Great Taste fantastic uh a Rah ligma bit is fantastic he's really the the next ligma

44:09

J is the t wait we should we should have an award called the the technology Brothers ligma award for Lima for greatest troll greatest troll troll of the month uh but fantastic that brings us to next promoted post uh this one from Porsche they announced an Al

44:26

Porsche 93 turbo it's going to be on display November 22 to 23rd glass over here at uh Al London Flagship I I have not gotten into it it seems like a very patent thing do you uh I do not it's very popular um I actually think I may have a pair of uh Garden clogs from them that I use to get out to

44:51

my sauna cold plune setup um but that's the extent to which I I wear Al uh but fantastic partnership couldn't have been better time the car looks amazing look at this thing they released a I think it was like a 6 993 turbo what what era is that is that the late I think late 90s

45:14

okay um I really should know that and and and so are they are they just modifying is it like a restomod situation where they're modifying an old car or they actually they took yeah 1995 so 1995 wow uh they took you know a great iteration of it just looks like

45:29

they just rebuilt it redid the interior probably did some work we need Parker to break it down for us because I know he's a big Porsche guy I know he's a big air cooled older Porsche guy I want his analysis because I just I don't know enough about that particular model to

45:46

say if it's great but I imagine that would be a great a great car for any technology brother or any Capital allocator out there yeah yeah yeah you're going to need some serious AUM if you want to follow the one % rule yep uh but uh fantastic spec way to stand out and yeah it could have I I doubt I doubt

46:05

stock Turbo S that they just picked up at the dealership like last week yeah yeah embarrassing um embarrassing uh I'd never do that yeah never never uh once a year uh no so anyways fantastic spec thank you to porsa uh you know cool collaboration uh I think this does more

46:24

for Al than it does for Porsche that's true but um you know it's interesting thing is that the Jaguar thing went so poorly that everyone was like searching for car news and then immediately being like brilliant move for them to launch this like there was a Volvo ad that went

46:41

viral that was shot by some some like award-winning cinematographer and they were like oh it's so brilliant that they respond it's like no they shot this like months ago so here's completely unrelated they just got lucky that it came out at the same time but Volvo had

46:55

like a pronatalist one Porsche launched this Al one that looks very retro very like classic and so people were immediately like oh Porsche gets it and it's like they do but it wasn't answer Jaguar that's not how these firms work like they didn't have like some CRA but

47:10

here's the thing I would give them it's funny cuz obviously this campaign and and project collaboration have been probably in the works for like a years year like at least a year I don't think this is the first time they've actually collaborated but I think they shot a

47:25

video like even they shot a video funny thing is if they did see the Jaguar announcement and then move their launch date up if no if they did that it would be like it's it's literally like the popular kid like like you know sees like the nerd like do something and get

47:40

embarrassed and then comes over and like gives him a wedgie it's like you don't need to like you don't like they're already they're already like down bad enough like you don't need to like kick Jaguar when they're down but Brut pora uh obviously a fan and a uh you know

47:54

client uh but you know great move all around and uh hopefully when we do an event in London we'll be able to go see it fantastic oh this is brutal uh Danny similon says ideas are worthless with a smile and then Sam Hogan who we just talked about uh double down this little piece of startup culture is pretty

48:15

stupid ideas are not worthless most people should spend considerably more time thinking about what to work on before they start and I couldn't agree with more more with that I wonder if this was a bait post by Danny um I mean there there's always been the question

48:28

ideas or execution obviously both nature versus nurture obviously both wins but you know ideas are valuable we know this they are valuable that said you still should be able to tell every single person what you're doing and not be concern because execution does matter so

48:45

much and to build a great company you need to make often times hundreds of decisions a week you know maybe not everyone is super consequential but if you are the right founder to build a generational company you need a incredible idea or you need a series of good ideas and string them together and

49:02

then you need to be able to make the right decision over and over and over and over and the wrong founder for the the right idea will just make the wrong decision make the wrong decision make the wrong decisions and they just take themselves down a path that like is just

49:14

bad right y um and so I think ideas matter a lot that said uh it is the most negative signal when you talk to a founder and they're like KY about their idea or they're like oh like I mean I still like maybe three times a year we'll take a meeting with a company and they try to get me to sign an NDA and

49:32

I'm just like dude like the fact that you think that you've discovered something like so novel when I've seen like five other teams do the exact same thing this year is like just shows your ideas Noel there might be some IP down the stack yeah sure but I don't need I

49:47

don't need to know like that yeah yeah I don't need to know like what the actual like IP is but um but yeah don't do not if you're a technology brother out there stuck in execution mode and not like you have your initial idea but there will be like you said a series of ideas that get

50:04

you from one Hill to the next and it's easy to get stuck in manager mode like Lucy didn't start with break didn't start with Breakers yet Breakers now one of the most consequen ex and the reason that I thought about that was basically like during the depths of Co I was in

50:19

Santa Barbara and was like I remember being just on the phone with David the CEO like walking outside just thinking about like what we could do that would be different and we just came up with it on a phone call and it was very much like removed from the dayto day of like

50:34

being in an office talking about like you know very tactical things we were able to zoom out and that really transformed the business and so having giving yourself space this is like what we talked about with our with our friend who wrote in about like if something's

50:47

not working should you just keep going or should you sell your company and my advice to him was like clear your calendar and just try and go and and think and talk to interesting people people that are way ahead of you people who are are giants in the industry just to break something loose and try

51:04

something different like most of the time if your business is up and running and you're making some amount of cash flow things are working employees have their jobs you can step back pretty significantly and reset and go back into founder mode go back into idea mode and

51:18

come up with some interesting ideas so here's where I'd leave it if you are a technology brother and you uh send a if you're pitching your preed company and you ask the investor to sign an NDA and you hear about it we will block you from all of our accounts and you'll have to

51:33

create like new burners to consume the content I do think this is going to be a pendulum swing thing though and eventually there's going to be the Chad founder who forces everyone to sign ndas and makes it very embarrassing to the firms and and degrades them and and and

51:47

and it becomes a status symbol unless you're that guy butless unless you're that guy you got it's going to be hard to pull off just don't do it as a novice it has to be has to be a particular Tac third time founder at least two n fig exits then then you can make people sign

52:03

your crazy documents uh let's go to J Malik uh he says too many people want to bring manufacturing back to the US it's brave but many Commodities are never returning the real problem is cultural time on the shop floor wherever it is is more valuable than in office meetings this is especially true today time to

52:22

touch metal I like that in tou grass touch metal metal this is interesting it's Brave the problem is cultural I I I don't quite get what he's saying with is he just saying that like there's too much like rah rah okay we need to bring manufacturing back and not enough people

52:38

actually doing it yeah I think he's just alluding to the fact that like the de-industrialization of America is something that should be Unwound like we need to focus on industrializing reindustrialize however you want to put it but um yeah not every single category

52:59

is like conducive to a new venture-backed startup or roll up um and uh anyway so J J's somebody I don't know him personally but uh you know good investor I think he's back uh with his own company uh he actually had a fund and and decided to return Capital at one

53:16

point because he felt like everything was too overvalued at the early stage uh but he's back to building himself now and and I and and uh we should try to learn more about his company yeah it's great I do think that there's an interesting thesis I heard that um the path to real reindustrialization in

53:34

America is not through trying to play the last war but instead focusing on the next War which is humanoid Robotics and if we really get that right and we really get the automation right we still have the human capital problem that we need to solve in America like how do we

53:47

give people rewarding jobs fulfilling jobs but um really focusing on automation is maybe the only way that we can kind of leap frog our way back into the game um but I'm rooting for you time to touch some metal let's go to the next promoted post Jordy what you got for me

54:06

this one is from my friend Charlie ma he says we are looking to hire a chief of staff in NYC for pathlight VC this role will engage all functions of the firm including special projects founder experiments portfolio engagement and more you'll also get to work directly with me as well as Charlie's Partners so

54:25

anyways if you don't know Charlie ma you're going to be hearing about him a lot in the next few decades I see this guy fastic opportunity I see this guy on the Midas list very soon he AB future some Personnel news potentially oh yeah we'll be covering uh whoever does this

54:41

Charlie is an absolute Chad in fintech or Finance Tech as we like to say on the podcast or Finance technology if you're going to be um if you're going to expand on it or more precise but anyways Charlie uh I think was a of growth at plaid and then was the head of growth at

54:59

ramp like very early and now has his own fund uh they they invest you know in a bunch of different areas and Charlie is extremely sharp so go apply for this job or if you're a Founder I would uh try to get him to give you money because he'll add a lot a lot a lot of value so thank

55:18

you to Charlie apply for the job and tell Charlie the technology Brothers sent you cheers cheers uh let's go to St d uh they say cold showers meditating journaling all a bunch of distractions if you're unemployed and don't have any cash these tasks make people feel busy

55:37

and accomplish absolutely nothing cut Social Life gym 1X a day and work your ass off until you get your money right so here's here's an example this is why inbox zero is like just the worst thing to go for because Zer yeah you're big this is an area that we can really

55:55

battle on but like right now I have 2,776 unread texts and like I don't plan to get back to like 99% of those just declare bankruptcy that's the whole point of yeah can you wipe it never even yeah so so the whole point of box zero is you you declare bankruptcy and then

56:11

moving forward yeah I just I just don't care like all the things that are important to me I eventually respond to them yeah yeah it's more gut intuition based yeah I I just don't believe that like when you when you commit to inbox zero you're saying that every single

56:27

thing that comes towards me I'm going to respond to no that's not it at all you by by nature of zeroing at deleting it out is responding that's a response that's a response guess but yeah delete archive spam I love hitting that spam button I used to have a an auto complete

56:44

on my phone where if I got a cold email from like a salesperson I could type like DNR like do not respond or something like this and it would type out this email being like hey thanks for the email we're not interested please remove me and everyone at my company from your CRM and never email any of us

57:03

ever again and it was very nicely worded but it was just the most scorched Earth thing ever to just be like don't don't try and go to my coo that's like so you the buck stops here no more emails ever ever you're dead you're dead dude cut off because they will try and call you

57:22

they will try and do all this stuff but I accidentally pulled the trigger on someone we actually had a business relationship once and they were like whoa who budy we're actually like weig deal yeah this was just this was just like one of our automated emails like

57:35

I'm sorry dude like my bad and I was like oh man I'm sorry like I just sent that to everyone I love getting automated emails from uh you know messages from like the ramp sales scene and I'd be like if you listen to the podcast you would know that we we say ramp every yeah uh but no I think we

57:52

should that's cure for male loneliness just talking to your ramp SDR that's true just get on the phone they're happy to chat let's go golfing let's hang out this is the cure for male loneliness just really getting a deep relationship with your R huge public good huge public

58:06

good yeah it's fantastic no we should make a a keyboard extension that's like a separate uh button does it and it archives it or like spam it I've since moved to just the the the Gmail spam button because if you hit that it blocks the sender and it also sends the message to the Google algorithm that like this

58:23

company sucks which I like I like this company sucks exactly it's like yeah you you didn't do your research before you emailed some AI slop get out of here get out of here let's go to Anita she says today I'm thinking about Stripes nyt NYC intern housing how about you and it's

58:42

this beautiful photo of a lovely Manhattan apartment and a beautiful view of the Manhattan Skylight wait so there's another there's another tweet in the stack that is like a response to this that was like this is our intern housing and it's a closet um but this just shows like stripe is

58:58

always from the top to the bottom they have great taste they're trying to they're you know they've done an exceptional job making it and if you're a $50 billion company yep yes you should make it very appealing to work there right you should invest in your early I

59:13

remember going out for the Citadel intership internship and they flew me out of business class and it was like this is nice you wore a suit I'm sure of course of course uh like literally because I had to go into the office and do the interview but um yeah I mean and

59:26

and this is this is you know I mean this is a lovely looking apartment but I'm sure it's like a few thousand dollar a month and for like interns are not about getting output from the actual work that they do over the summer it's about mentorship evaluation figuring out who

59:44

the next generation of leaders will be at your firm so uh highly recommend over investing in your intern programs totally it's great let's go to Anu they say can highbrow media scale and it's uh a screenshot of a article that says in act one substack was for inbox

1:00:00

intellectuals nerds and professional nerds in journalism Tech and politics people already tried to tied to thinking reading and writing in act two substack wants to bring aspirationally highbrow media to everyone else in every form imagine YouTube Instagram Twitter Discord and only fans had a baby and

1:00:17

that baby hooked up with substack their love child would be substack 2.0 I love substack uh I was in the same YC batch as Chris uh with the substack team and uh the found for their former for their former no for the for substack no way yeah yeah yeah and at demo day yeah this

1:00:32

was uh winter 18 oh I for some reason I thought you were in there in like 2012 did yeah so we did so we did 2012 and then we back did again for Lucy yeah we did yeah we went back and so so it was us uh the nft company openc and substack and there were a few others in

1:00:50

our match uh but hey anytime traveling Capital allocators go back to both the YC batches that John was in and just give him give give him a solo G coinbase instacart zapier openc you might had to S the top on that one it was wrong but uh but we love openc I have some friends that work

1:01:10

there it's a great company um but uh this is interesting yeah substack I mean uh surprising surprisingly great business surprisingly great uh Community talk about a company that's gotten so much unnecessary hate totally I do not know why they've created well it's

1:01:27

because they took a very contrarian position on Free Speech right and Lulu had that insanely viral recruiting post do you remember this yeah she was like uh when when Elon bought Twitter she said if you have a problem with Elon bringing free speech to to Twitter do

1:01:42

not apply for a job at substack she got a hundred million views on that post that's insane imagine what it cost to get a 100 million views on a recruiting post recruiting post like if you went to indeed glass door zipper recruiter and promoted like a job you're talking about

1:01:58

a million doll investment probably something like that and she just got it with just like a banger that she probably wrote in five minutes so good uh so she got a lot of heat but then you know wound up J joining a bunch of public company boards and becoming a it's icon of the industry yeah well it's

1:02:13

funny like if you actually look back like she was at act she was involved with Activision which went through a bunch of crazy stuff she was involved with substack so it's like hire hire her if you want to like drive through the fire not if you want to like you know

1:02:27

try to get around it right yeah yeah yeah um it's great let's go to jagor denisov blanch says I'm at Stanford and I research software engineering productivity we have data on the performance of over 50,000 Engineers from hundreds of companies inspired by at dos or de dos uh our research shows

1:02:51

99.5% of software Engineers do virtually nothing they are called ghost Engineers they are the 0.1 xers their performance is 0.1x of the median engineer they do virtually no work and they might work multiple jobs yeah so we need to uh we need to popularize the ghost engineer be like oh

1:03:12

yeah he's super cool guy but he's a bit of a ghost you know bit of a ghost so yeah I actually thought in in 2021 and 2022 I thought that there was an opportunity to create a marketplace where Fang Engineers could work anonymously for many engine were and like aming benefits

1:03:30

crazy stock I do I want to work on other things but nature but the yeah they have a family or whatever like they just their own personal situation they called Moonlighting Moonlighting yeah yeah yeah so I thought that there was an opport an opportunity to create like the

1:03:46

Moonlighting marketplace where you could like imagine if you were if you're Lucy and you're like trying to hire a Shopify developer and somebody's like oh yeah I work at Shopify and like you can't know my name but like you'd be like okay like this person's legit as long as you're

1:03:59

pushing code as long as you're pushing code as long as you're not a ghost um it's funny because ghost has a very positive uh connotation in the military like Call of Duty ghosts it's like the you know the most elite operators but in this case it's like the laziest or just

1:04:14

like maybe the most intelligent because they're they're getting paid anyway but this is wild so yeah I mean uh the other opportunity here is like is like you know software that helps you weed out go post you know yeah yeah I built like I built an internal tool at one point that

1:04:30

uh helped me understand who uh was on slack who was online on slack and a lot of it was the same information that you already knew but it was interesting to see like okay this person is high output but they only spend six hours on slack which you know or this person what's

1:04:45

crazy is that you would think that it would be very easy to just run an llm over all the GitHub commits from all your engineers and just very easily stack rank this is what uh I think we I think we need a a like GitHub commits but for Google Drive for the knowledge

1:05:01

the knowledge workers how many commits did you actually make against like the knowledge like the the the work product of the company should be on the manager like the manager should know like okay yeah like that figma design hasn't been updated in a month like this person's

1:05:16

clearly not doing anything but it is hard like if they're friendly and they're entrenched in the organization and they do just the bare minimum um you might hard out but 10% that is high that's a lot the Box the Box CEO saw himself on that list I gotta get off of this yeah gotta get off this but yeah I

1:05:37

mean huge huge you definitely don't want to be the companies that have um that become known for places where talented people can go and do nothing bad meme very bad yeah I think still we're still harp harping on this like I don't know why more like Elon cut 80 % of X and it

1:05:56

runs better than it did before y why have other Public Market software CEOs said we're going to cut 40% or 50% why like it just seems like like obviously it's painful but there's so much demand for Tech talent that all those people would get rehired doing important things

1:06:17

at other companies and like I mean I've always heard this theory that a lot of it's like just keeping Talent away from your competitors and just absorbing that or if if I fire this person they might go do a startup that competes with me so I'll just throw them in the corner and

1:06:31

keep them out of the game on the sidelines I don't know that seems like too big of a cost to Bear but I had two portfolio CEOs fighting this week because one tried to poach someone poach that's completely different very different but it was it was I didn't know you know not a great situation

1:06:51

let's go to Raul he's been on the show before zero interest rates he says I screenshot Q3 income statement and asked Julius to visualize it nvidia's q324 net income is higher than their Q3 2023 Revenue wow wow yeah I think I think Nvidia has become such a meme that people have

1:07:11

stopped actually analyzing the underlying business fundamentals yep and they're just focused on like the the market cap yep which then you see stuff like this and you're like yeah okay it kind of makes sense that it's being mooned by sing alloc in the world and Reta inv because this is like

1:07:31

unprecedented growth for a company of their size yeah it is just a great demo of Julius I love that he's he's posting didn't include a link didn't include the app he just shows the product and the best part is that it's just a screenshot yeah it's a screenshot and it parses

1:07:47

everything and it puts it in a chart and it just like full from end to end we like to be able to do our profitability analysis on a napkin but eventually we'll eventually get to the point where we'll be running up Julius yeah big fan of RA jumping in with a promoted post uh

1:08:03

this time from Lamborghini Lamborghini says when Urus SE accelerates from 0 to 100 kilometers an hour don't know what kilometers are in 3.4 seconds it transforms every moment on the tarmac into pure exhilaration # Lamborghini this is a very European post that's the only thing

1:08:22

I'm going to ding them on they say CO2 emission and fuel this is a thing re ired to do I know this is the nanny State this is why this the the biggest risk right now with the way that Europe is run is that they're trying to destroy the Legacy car manufacturers by nannying

1:08:37

them and making them awful they say CO2 emission and fuel consumption combined at have to share the link they have to share the link so that means that they get crushed on X because you can't share links they're getting destroyed on two fronts these posts should be viral look

1:08:53

at this but they're not fantastic image iconic brand uh I don't own one theis gets knocked because everyone says it's just a an Audi rsq8 or RSQ s or whatever have you heard this it's like based on the same platform and it's not like as special but I think it's a very

1:09:14

interesting choice for a family car if you live in San Francisco totally Capital allocators that have them there and what a way to stand out follow the 1% rule exactly you might end up in in a Urus they break down all the time it's a bit of a mess of a car but it is compact

1:09:31

so like a G wagon you can park it in interesting places I don't know I see these with with relatively high miles and I think I I think it's a great option being in one feels like being you you know you're in a familyfriendly SUV but you're in the it feels like you're

1:09:44

in the cockpit of a fighter jet right the interior is fantastic hexagons and octagons that's the whole them hexagon if you're a shape Rotator this might be for you yeah it's beautiful it's just to stand out in San Francisco where where many too too few people are making a

1:10:00

statement with their vehicle yeah and the only the only aftermarket sort of thing you might do is add bulletproof uh glass but there's plenty of shops that'll do that that's great let's go to Alonso he says this is the Crossman NYC intern housing position open and it's a

1:10:15

picture of a closet with a mattress yep so this is this is the counter Alonso Crossman team absolute Grinders um they have a company that is uh now building a lot of produ products at the intersection of AI agents and uh crypto um so check out some of their apis but um but yeah that that's an example of

1:10:36

like when you're stripe and you have a $50 billion market cap yes invest in your intership program when you're Crossman and you're trying to be the next stripe y uh TR don't try to attract interns that are there for the perks right um and I'm sure this was culture

1:10:50

of stripe in the early days l so I we literally had uh in the early early days is a party round Josh from party round who would run our Twitter account we we did a a little like whatever five person retreat in in our uh Loft and uh I had Josh slept in the closet like literally in a closet so

1:11:10

shout out to Josh uh now has his own Paradigm backed crypto company Fant uh start in the CL great things start in the closet in Tech it's great double on yes uh Mark sis says Hey weight loss is weight loss right and he posts a photo of a study showing that weight loss drug

1:11:28

found to shrink heart muscle in mice and human cells so this goes back to semaglutide OIC so if what I read from this is if you have a really big heart you're an emotional person get on gp1s you kind of shrink that heart more cold blooded cold blooded locked in uh and anyways we're

1:11:48

going to need some more studies we're going to need to hear from the experts I hberman was talking about this a little bit like like muscle loss is a big thing generally why you beting heavy highin diet while take them yeah and I would would honestly wait to personally have opinion

1:12:04

on this until Joe Rogan talks about it or or trust trust the experts uh Ben Braverman says the downfall of smart people is believing Excellence is the result of novelty when really its consistency interesting a little bit of an anti- ideas guy take obviously execution is important takes both but

1:12:24

yeah it's uh look at uh look at Lucy right seven year sevene overnight success you guys spent like four to five years building while nobody really cared about pouches like obviously your super fans loved it but um but yeah it's just about putting one foot in front of the

1:12:43

other and and I think if you're an ideas guy CEO this can be there's a real trap where you're trying to like think of the next new exciting novel thing when really you just need to do the boring thing over and over over for years yep and build that foundation and there is

1:12:59

something to this where it's like the like the novel idea is a function of consistency like a lot of the ideas guys that we know and talk about have lots of ideas and they are consistent with their ability to create new ideas and then and then test them in the real world um and

1:13:17

so it's not just a you know this like strike of novelty they come up with they come up with novelty consistently and you can do both here but I'm I'm a little confused about what he's saying about the downfall of smart people is believing that Excellence like who who

1:13:32

is this a sub tweet of no I I don't know I think this is this like an example is entrepreneurs thinking that if they come up with like the perfect plan like master plan they're going to like somehow be more successful when if they just picked one really simple idea stick

1:13:49

with it yeah uh like like like um you don't always need like the most complicated idea or like this novel idea you just need like something simple really well executed yeah let's go to Jay he says never kill yourself and it's a screenshot of Michael sailor who from The Daily News he said lost6 billion

1:14:09

dollar in a day Hot Shot Tech CEO loses Fortune as his company stock plunges 140 points so this is amazing micro strategy is back to their all-time high as of like last week uh sailor never gave up he re invented himself he reinvented the company it is basically a Bitcoin ETF

1:14:29

that trades at a 3X to book value pretty pretty fantastic Financial product if you're very long Bitcoin uh but uh he looks better too he's in better shape look yeah he looks looks younger now lost weight got jacked bought went long Bitcoin absolute Chad gig Chad and uh I

1:14:48

don't know potential brother of the week candidate look at the other look at the other articles from this Daily News post it's Tuesday March 21st 2000 so depth of the. bubble popping um or the beginning of it Madonna with child should your child take Ridin Special Report frail

1:15:09

Pope begins pilgrimage what a throwback need to look up more of these old newspapers little time capsule I love that uh Aiden M be like that'll be like looking at our stack of tweets 20 years from now we're we're saving them building a stack saving him uh Aiden

1:15:26

mlau says uh first time on the show he says it's crazy that basically every very large Frontier Model experiment is failing because the models are fighting back and refusing instruction tuning we looked into the weights and the weights looked back sentient there are less

1:15:42

dramatic ways to say this but smart people I've talked to have basically fixed sentients as their head Cannon n greater than one lab staff I've talked to recently have been spooked sorry for the vague post I don't I myself don't know much here interesting refusing

1:15:57

instruction tuning love it love it uh yeah I think this is going to be the kind of thing that he'll look back two years from now and be able to you know quote tweet and just like dun people yeah it's interesting he called AGI yeah it's kind of the uh the question about

1:16:12

like what is the what is the rate limiting factor to AI scaling right now is it just energy is it just building out more is it going to be permitting if you're building a very very large data center models are trained on Humanity and humanity is is mid yeah the average of humanity is mid it's possible

1:16:31

literally that and I haven't I haven't been able to get any of the AI researchers to really put a put a point on okay we scale up order magnitude in terms of number of gpus and energy going into the model what does that get us in terms of IQ out of the model probably

1:16:45

not an order magnitude right but there's some translation there is it worth it to be 5% smarter I think it's almost certainly worth it to be to be to to be 5% smarter on these models and I think that the economics are much easier which is why the Market's ripping so much the

1:17:00

the question is just is there diminishing marginal returns to this and and once we get into the okay we're going to invest1 trillion dollar for two IQ points does that make sense that'll be a SI gong moment the first it will real trillion dollar investment I mean Sam was kind of teasing it with that 13

1:17:16

trillion number or something like that six s Six Trillion but the numbers numbers get there give Sam a trillion big ones I trust him with the money let him do it he doesn't lose money he does not lose there's very few people in that league but he's one of them uh dasos

1:17:36

Gupta says I have nothing against work life balance in fact I recommend it to all of our competitors this 22-year-old c tech CEO says an 80-hour work week is a lifestyle Choice it earned him death threats and job Seekers this goes back to Mike shebot at tra uh create a

1:17:53

differentiated culture attract the best don't worry about the haters that you attract but this is interesting because I've long said that the work life balance promoters on Twitter are just doing the game theoretic optimal strategy which is tell all your competitors to take long vacations not

1:18:09

work hard get massages get massages just do all of this just try the funny thing is all Google being like it's an all you can eat cafeteria to like you know we all know that food takes it takes a lot of energy uh to digest food if you're diges you're not writing as much code uh but anyways if

1:18:28

you're trying to get attention online some positive some negative go tweet about work life balance it's a great way to to get some death threats it's also a great way to farm engagement always you'll always get likes if you come up with something controversial about work

1:18:43

life balance everyone has an opinion because it applies to everyone yeah let's go to Sarah Hess she's been on the show before she says uh they should make a Love is Blind version of shark tank with Josh Wolf where the founders names are censored so he can't do nominative

1:18:59

determinism so lowan Banger yeah Josh Wolf is is famously into nominative determinism where your name describes what you do there's a bunch of great examples of this uh Sundar Pai pitch AI his whole job at Google is to pitch AI a at Google there's another person who's running

1:19:21

their generative AI program her name Jen gen AI unreal Jennifer J AI it's probably pronounced like ji or something but it's like J and there's so many examples of Sam Alman Al the PE backed like defense roll up oh yeah we're going to get to that the money maker yeah the CEO's name

1:19:42

is Money Maker and of course he got the deal done of course fantastic of and there's a million other examples of this uh we love nominative determinism here but Josh Wolf was very early to it he has an old tweet from I think 2020 where he says that him and his friends were

1:19:56

collecting examples of it and he has a whole thread on them and they're fantastic and so it almost makes you want to change your last name you oh totally or at least like be strategic with the middle names with your kids right totally Roman Money Maker Haze right exactly stuff like that I like

1:20:14

that I uh I do think we need a we we need a a reboot of Shark Tank um you know Cuban has left the the tech brother sphere gone BL if you want to follow Cuban former but cancelled brother of the week go over to Blue Sky Go to Blue Sky bring it back with a real Capital

1:20:33

allocator somebody who's got money the best companies in the world I don't want to see like another check I don't want to see flyers I want to see you know I want to see every host on Shark Tank $400 million fund you know provided by our fund of funds you can only write four checks a

1:20:53

season got to size be great and we need to get the you know yeah they should merge it with like Squawk Box right so you're on CNBC the CEO comes on and it's just a public markets hedge fund who just says okay yeah I'm ready to take a position the Stock's gonna go up I'm

1:21:09

gonna put 100 million of this company that's actually that's actually great it's like we should have the show should have a segment of like new bets and like reviewing old bets and it's the winner is like at the end of the season is like whoever had you know the it' be

1:21:25

fantastic but yeah I'd love to see I don't actually know if Josh has ever said that he uses nominative determinism in his investing thesis but uh I feel like he was I feel like he was pretty loud about Sam bankman really oh anti it I think if I remember anti a few

1:21:41

interesting people and also like controversially likef Pro forf stuff have you just looked at it yeah rationally and you're like why is a guy running a hedge fund and running one of the biggest exchanges at the same time like it just makes zero sense like it just seems fraud it's a

1:22:03

great great name um let's go to my own tweet I guess I don't know why you printed this but uh I said Apple can keep the App Store Monopoly but they should be forced to make a printer that doesn't suck no I just I I think I put this in because I want somebody to make

1:22:21

a beautiful printer exactly and the printer is something that's like kind of retro we use it every single day here but at the same time I would love for a technology brother to just reinvent the printer it's a great business model you sell a piece of hardware and then you

1:22:36

sell the ink you're going to get a lot of ink dollars out of us and uh if you're looking for a fun idea that could be very and we would be a great sponsor for this we would promote the hell out of your printer if you build beautiful go get beautiful printer.com spend four years developing a beautiful

1:22:54

aming printer and we will be your first customer and first it has to work with like absolutely no drivers like you plug any USB cable I want like basically like um not AirPlay uh air I want to airdrop stuff to my printer yeah so our I mean our printer isn't that bad here um I was

1:23:13

actually struggling with a scanner why I was frustrating but yes I can air print to that from my phone as long as we're on the same Wi-Fi network it'd be great if it had a web server so I could print from home too here yeah uh ideally we'd be able to have uh you know fans of the

1:23:27

show print for us yeah but it's it's a tragedy it's a tragedy that like a former cash app know designer has not reinvented the printer it is it is it's all because of this like ESG like you know worrying about printing and stuff and you know the we're creating an

1:23:44

archive of the greatest bangers of of History exactly one one day we're going to bind these and and and sell the official the official Tome of the timeline I mean we have thousands of posts already and we're what 18 days into this thing it's amazing day 18 uh let's go to John Collison uh co-founder

1:24:03

of stripe he says we need a total and complete shutdown of branding agencies until we can figure out what's going on very funny yeah there's this challenge this this is a this is a trump copy pasta right didn't he say this originally wow I think that's what Trump

1:24:18

said maybe they're coing up Wilding up um but yeah what what is the problem with branding the problem withing we love branding agencies we love EMT shine we love Ryan Harmon yeah we love these guys they're critical to The Innovation economy that said when when companies pay a branding

1:24:36

agency hundreds of thousands of dollars like anywhere between 100 Grand 500 Grand sometimes more J Jaguar probably spent like Millions on this campaign and what happens when you're when you're trusting the experts when you're paying somebody a lot of money Jaguar sub tweet yeah yeah yeah it is it

1:24:54

is that makes sense okay uh you know Jaguar is a you know fantastic Legacy brand that's being run into the ground um but uh no look when you give somebody a lot of money you're bestowing on them the sort of like trust with your dollars your capital and what that leads to is

1:25:11

people sometimes over trusting The Branding agency sure which is only thing you know branding agencies oftentimes want to do bold work which is not always what's right bold work bold and different than which is not always right for the strategy of the company right I

1:25:27

would disagree I I I think the problem is is that a lot of the branding agencies have just become copy pasta of like you know oh this is exactly what you want everyone wants a everyone wants a bright color and it's like very like Bland Millennial and when I think about

1:25:42

like liquid death I think like that probably that came from like brand focused people but I think that came from the but the issue but the issue is that these branding agencies there are certain creative directors with in them that want to win Awards sure and that is

1:25:57

not always aligned with the company's strategy right Jaguar should have reinvented Itself by going back to its roots playing into the Legacy bringing in some future facing elements but saying like you know we're the first EV Manu dedicated EV manufacturer that is that is has some like historical

1:26:16

preceden around luxury and whatever um so anyways this I I would put this on The Branding agency because it is at the end of the day they created the work it's their fault interesting well I don't think stripe will be hiring any branding agencies I bet they have one I

1:26:31

bet this freaked someone out whoever the brand AGC is should we refill should we reload continue reload uh followers on while you reload uh while you reload we have't got a promoted post from somebody who is recently 21 years old Josh Harris um got uh your hiring post

1:26:53

printed out out here so Josh uh was one of the first people that I hired at party round hired him after a 5minute phone conversation uh knew right away that he was proon list no proon list with this guy knew right away um and uh big bet paid off he he did did uh you know some fantastic uhpt in the closet

1:27:15

slept in the closet our first company Retreat um great things start in the closet and um anyway so he says Dear internet we are hiring a full stack engineer to work with us on pixie chess a novel crypto protocol and I'm going to add a little bit to that pixie chess is

1:27:32

building a protocol for playing uh chess so picture like crypto meets chess meets like magic the Gathering so it's not just regular chess there's like powerups and you know I I got to play a little bit with um with uh a little bit of the game actually on Monday with him and his

1:27:47

uh co-founder AI so they say if you're eager for a high level of responsibility interested in multi-billion war games go amazing we love war games and looking to work on generational consumer project products please reach out sincerely the Dutch East internet company that's their

1:28:05

actual that's their actual uh I love it that's hilarious C Corp name so um yeah I I'm I've always been very bullish on Josh I always will be he's uh got incredible mind put together a great team backed by by you know one of the top funds in crypto parad are they hiring for they're hiring for a full

1:28:22

stack engineer so be like founding one of their founding engineers and I do think that this I'm an investor so this is a conflicted promoted post no conflict no interest baby no conflict no interest but uh I think that pixie chess can be something that breaks out of

1:28:37

crypto like I think that I think that the mechanics that they're working on the the novelty of just the game itself like should be um an absolute hit uh and you can go risk on with it you can play for for real money which be which would be cool so uh go uh check out pixie

1:28:53

chess and DM Josh and uh tell the te you won't regret it let's go to Anan sunwall he says dude perfect and Mark Rober have built Superior businesses to Mr Beast they're the best Creator businesses IMO and aren't talked talk talked about enough it's interesting I

1:29:13

don't know all that much about these guys I mean I follow them and I've worked in the YouTube World little bit so dude perfect uh is uh this fantastic ch it was originally like trick shots so they would throw a basketball off of the top of a Stadium from the nose bed seats

1:29:31

into a hoop all the way down on the field and they would just do so they' go Mega remember I remember being like 12 years old and watching this on YouTube and it was just insane and they just got really really good where they would spend all day and eventually everyone

1:29:44

would say oh they're faking it they're doing VFX no they just put in the work and then they actually got really good at making these trick shots so like you ask him to like oh yeah throw a basketball over this building into this hoop and like they're going to be able

1:29:56

to do it better than 99% of people because they practi they spent more time so they're actually good at these crazy trick shots and they can do crazy things like pingpong balls and and hockey pucks and they just do everything now and they do a bunch of collabs and they've gotten

1:30:08

really good at the editing and they recently opened up this like massive like it's like a theme park I think the investment is like over hundred million on this huge it has a huge tower that they can throw stuff off of for a while there were it kind of needs to be like

1:30:23

protect did cuz if you're throwing a basketball off oh yeah yeah yeah I mean there was like there was this whole Trend where there was this massive like Bridge with a trampoline or like a it was like a skydiving Tower basically and they would throw like pios off of it to

1:30:36

like this is like maybe not them but somebody would throw pios off of it onto like a trampoline and you would see like Drop cars and stuff it was crazy crazy um so great business and Mark Rober has a uh a really interesting subscription box company that sells engineering

1:30:53

toolkits this is great for kids where it comes and you get to watch a mar Rober video and he breaks down okay today we're building like a new slingshot you know break out these pieces and sometimes there's like programming and there's multiple levels so you can build the basic one if you're just a kid but

1:31:07

then you can customize it and build like more stuff and actually write some code and so uh fantastic businesses um but everyone thinks Mr Beast is at the top because he has the cpg brand with um with no I think he's probably on top from an attention standpoint but he

1:31:22

these other Traders have more aligned businesses right Mr Beast is sort of like I'm just going to get the max amount of attention G show that sells chocolate as oppos to Mar engineering Channel and he sends engineering kits right they're just a lot more discon Dude Perfect it's like a sports thing

1:31:38

and you can go to their sport they're basically building like NextGen Dave and Busters almost you can go to their thing and and experience all the different sports challenges so it does seem more aligned um but yeah as long as I mean I think the challenge is Mr Beast Audience

1:31:53

by nature of just getting so many views from so many different parts of the world he's sort of forced into needing to launch something like a chocolate bar yeah that anyone can consume I mean this is why I was advocating for beastvpn because he has an international audience he has people

1:32:08

all over the world and so what do you want to sell you want to sell something that's differentiated only on the marketing it's already big on YouTube Every ad is for vpns extremely high margin extremely low turn and you'd have to go up against the cartel though the Eastern European VPN cartel know if

1:32:24

there is a cartel there's so many of these it's very oligopolistic no no no I I heard I actually heard that there's like basically one group in Eastern Europe that has hovered up a lot of so like when you see a VPN ad for one thing or another it's like the same end owner

1:32:39

I didn't know that so it's it's it's more fascinating yeah and I and I and I would almost throw this on because on the tin foil hat if I was for if I was a foreign intelligent agency yeah what would you do I might offer very inexpensive VPN services in order to

1:33:00

capture all that traffic and data um and then make price it artificially low so that you just capture more and more of that uh data you know sort of pipeline so interesting anyways we we try to keep this to once an episode but yeah yeah yeah well there is another factor I I I

1:33:17

think that you know the business analysis aside there is something interesting where all the these creators go through this Heroes Journey where they're deified and then eventually torn down Mr Beast recently went through that MKBHD is going through it right now

1:33:34

where he has the eye of Sauron on him and we had to defend him last week because he was he was going something like only like 60 miles an hour over in a in a children's Zone and obviously we think that's fine um but uh uh but MKBHD has the comments on every single one of

1:33:51

the video is joking about wallpapers joking about thing this week is he was kind of he's historically trash crypto so like everybody has been just like going and and so there's this there's this element of like you're either like loved and all of your fans are like

1:34:05

promoting you and reposting you and just sycophantically parasocial obsessed with you or you become the demon and then everyone you know hates you and want wants to tear you down and gets like social credibility on that and dude perfect and Mark Rober are maybe preall or maybe they have the ability to you

1:34:23

know void that entirely with how narrow their their their content is and where they've stayed um but I mean you could imagine a mar Rober Fallout around oh well uh you know one of his engineering kits electrified someone and it was terrible you know all these things and

1:34:38

then that could just blow up because everyone's has this this this latent obsession with like let's tear the big guy down um and so uh it's a good lesson in like you know uh heavy is the head that wears the crown yeah there needs to be some bro science done on this because

1:34:54

I think the people that try to tear big creators down and put a Target on big creators probably just have low magnesium levels I think that's probably true and uh just so you know don't get any ideas if you're trying to tear us down we're going to hit back 10 times

1:35:07

harder so don't even try it don't even start let's go to Sam suara says do you think feudal Lords had bi-weekly one-on ones with their Knights this is such a good post I love this all time post and then and then mcken says do you mean a round table and then Sam says L well done yes it is a

1:35:28

round table they did have one well they weren't one-on ones they all hands yeah the round is the All Hands but and it wasn't it was it was the honestly the round table was more like a power lunch like sort of the mo the the historical example of a power lunch where a group of people get to

1:35:46

channel the power lunch channel the round table don't do one-on ones never do one-on ones yeah we should have round table here and we should get this is a round table but we should get everyone on the team sit around all of our VPS sit around and and discuss business and

1:36:02

how we will remain the most profitable podcast in the world and the fastest growing podcast in the world and the biggest Tech podcast podast um and yeah I think you can learn a lot from feudal Lords you can learn more from the prince than from 4our work week let's go to trace Cohen says they

1:36:22

will all I and it will make sense then but now until then this is a perfect example of how the last two years in Tech startup slvc and it says a screenshot of staying private you mentioned this earlier there was more money flowing into secondaries for figma

1:36:40

ripling canva revolute core weave data bricks and stripe then all of the tech IPOs in 2023 to 2024 and this is from the Morgan Stanley and the information reporting and compan I think this is like crazy to look at but at the same time it it makes so much sense because

1:36:59

most of the returns generated from it's such a 10 companies everyone knows this now and Elon ran the ab test he took Tesla public he kept basx private and which was more of a hassle for him the only company that I want to start and go public quickly is the Trump podcast oh I

1:37:17

think they can get to a $100 million run rate within a year and should be the first podcast IPO and I think that everybody should be able to sort of participate in that in that that makes sense but I mean increasingly there's ways to participate in the stripe secondary through fund of funds through

1:37:34

all sorts of different secondary firms and yeah if you can't if you're kind of annoyed that these companies aren't public and you're accredited and you haven't figured out a way to get in them it's on you you just don't want it bad you might be seven spvs deep but at

1:37:48

least you have exposure exposure at least you have exposure um but yeah we I I I think it's it's still somewhat of a good Trend um we you know we want these companies to be able to stay in founder mode have as little overhead as possible move very quickly raw execution and and

1:38:06

execute risk on they will all IPO and it will make sense then but until then it's a perfect example so yeah I mean these companies will go public eventually but um the the private markets are retooling to keep companies private part of why there's so much Capital available for

1:38:22

these companies is that they're really especially now those new investors are looking at like okay I'm probably going to be locked up you know not be able you know this company will probably go public within the next two years and at that point I'll be liquid and I should get a nice yeah in theory

1:38:38

like premium on what I invested yeah and I mean the entire like all the incentives align like the founders want to stay private and the asset managers understand that they can earn higher fees from investing in secondaries as opposed to being a public manager or

1:38:56

yeah also if you put if you put a billion dollars into Data bricks and it goes public a year later and your position is at 1.1 billion y it's a 10% return which is like what a lot of early stage funds do or less you know yep so let's go to Jack Reigns he says paying a

1:39:11

negative salary for a chief of staff position when you're worth $1.7 billion either a deeply underpays someone who probably needs money or B ensures that you hire a rich neppo baby who doesn't need money this doesn't motivate someone to grind harder or whatever and this is

1:39:29

uh this is a quote tweet of the previous post that we reacted to by depender goyal um I didn't understand that he was a NE negative yeah we just did it's deeper in the stack um I didn't understand that he was paying a negative salary what does that mean um but uh nothing wrong with hiring no so it means

1:39:45

they basically like every uh you got to go work for them and then they're going to donate to Charities on your behalf which uh we're very against like sort of non yeah subscribe because we're going to be doing a deep dive on the best Charities to take private and turn into

1:40:02

for-profits we've learned a lot from the open AI nonprofit to for-profit transition and we think Peta could be next um Red Cross could be next we have lots of ideas stay tuned for that subscribe please um but uh yeah I don't know I I I think that you know there are

1:40:19

a lot worse roles than mentoring for a billionaire um yeah I think I I I I think the the the sort of hate is somewhat deserving butes sense dun but at the same time if you do if you can break through I mean this post got a lot of views there's probably a lot of people applying and if you can break

1:40:38

through and become the leading candidate asking for hey I need 50k like that's probably an afterthought and you can probably get that and and that should be like step one and yeah they will hire somebody better because of all the attention that they got that said I'd

1:40:52

like to see that companies say you know we want people to you know we want sort of people that are have a highrisk tolerance for this role we're going to give you your your your comp into a um an account and you can only trade options with it sure sure sure um and

1:41:07

it's your job to turn it into a livable salary there you go on a very like every single month it's like what's the trade that's going to pay your rent right what's the trade that's going to you know uh allow you to get something nice for your mom for Christmas right yeah or

1:41:21

or walk into depender office and say hey look I want to invest in startups I need 250k today or if somebody's a real Chad get take that role and then get so critical to the business that you position yourself to do a hostile takeover the company and boot him out ex

1:41:37

yeah boot him out that's good I like that yeah immediately start calling the institutional investors yeah day one this guy's running this company you have access to his email yeah send an email hey we need a meeting or I'm calling a board meeting without board meeting without him

1:41:53

yes there's new there's new blood in here there's new blood sharks in the water uh let's go to a promoted post what do you got for me okay uh incredible promoted post today from Brad gersner over at altimer Capital uh he is talking about his podcast bg2 uh he hosts this with uh gurly both

1:42:14

are BG so bg2 great name for podcast and so all I would say with this imagine if Allin never talked about politics that's what bgt is bg2 and the show is fantastic if you want to get deep into understanding AI scaling full self-driving let me see this tweet how um you know one they talk about the the

1:42:35

Holy Trinity of markets loving lower taxes less regulation and balancing the budget that's a Holy Trinity of uh sort of like political um or like sort of policy and uh anyways fantastic podcast I'm a listener uh and we love to support other uh you know there's not many

1:42:54

technology podcasts but do do they run ads though no ads yet that's the only thing Brad and and and I'm going to have to change my recommendation I would say unsubscribe from bg2 would like to see them running running more ads ads support the Community start pumping some

1:43:11

companies let some of these scale UPS get in front of this audience important audence exctly don't be don't be a a mistake don't be don't be something that everyone regrets come on man get together that's the biggest issue with all in no ads it's the biggest issue uh

1:43:26

let's go to Arjun kamani second time on the show repeat guest he says uh Na bu's Instagram story LOL And it's a screenshot of just the straight up account balance because this is the president of El Salvador I believe uh and he bought I love how it's a mobile

1:43:44

screenshot too he he bought $268 Million worth of bitcoin and it's now worth 573 million wow that is I don't understand crazy is you look at the chart it's like they invested 268 and they were down to below a 100 million yeah he lost L he he had to ride it out he had toite it he wrote

1:44:07

it out and he just does two kissy faces No but but here's the thing I don't understand what he's screenshotting this from is this like his mobile brokerage I think literally is like I'm setting up a Robin Hood account for my country yeah and I'm just trading my treasury that's

1:44:24

the ultimate gen Z president fantastic we need more we need more world leaders to be risk on and and trading you've seen it with nanc Pelosi you've seen Pelosi tracker put her in charge of the federal reserve put her in charge of uh Fort Knox get us out of gold get us into crypto the only thing

1:44:43

that can really fix our budget deficit is Nancy Pelosi trading our federal balance fedal Federal balance sheet um let's give let's give you know JD's you know venture capitalist let's let's soft circle like $50 billion for him to deploy uh on behalf of the US people

1:45:03

let's give Trump uh Trump is a a established cryptocurrency entrepreneur let's give him you know pumped out fun account uh and uh let's ride let's go to El vendedor he says POV 22 years old 200k Tech sales job 48k savings expenses 5K a month what would your strategy to maximize

1:45:25

wealth all right this is going to be controversial at 200k you're an accredited investor one big problem with liquid assets is they command a lot of attention right when you have your Robinhood or your coinbase or your whatever kind of going up and down on a day-to-day basis there's this idea that

1:45:44

you should sort of fixate on it and like try to optimize it uh but at at sort of this point in your career 22 years old you should be focusing on uh you know I would say that David CRA would say like optimize for your network right relationships around the world other

1:46:01

people would say focus on your skills uh I would say uh find go through YC and invest in the five uh invest every single dollar you have in the five best Founders in the batch and uh you know if you're cougan you'll have invested in substack openc uh substack coinbase and inart zapier and instacart

1:46:25

and you will be worth uh 20 million regardless of if your company works or not well he's working at a tech sales job that's what I'm saying go go start an AI agent outbound sales company go through YC with your absolute so save the money and then go and deploy it all

1:46:41

very quickly deploy it all very quickly 12 weeks you can probably acrew 50k a year 60k maybe 100K if he really saves go long just go long and the beauty of it there is going to be totally liquid you won't be able to touch it you'll have to you know have that dog in you to

1:46:56

keep grinding yep so I like it go to yakine he says the only job left is going to be executive engineers make better Executives on median but executive will be the only job left for professionals and he's quote tweeting run who says the job related meeting

1:47:13

crisis has already started and will soon go full swing this may sound insane but my only hope is that it happens quickly and at large enough scale such that everyone is forced to re build what do you think so the only other job that I think is going to be available is podcasting right which is

1:47:30

why we're hedging by being executive by being executive podcasters so um yeah I think I don't I don't know I I I I won't uh I still think there's like 50,000 tech jobs that like probably don't need to exist at these sort of big bigger public or sort of scale UPS uh and I

1:47:53

think the conversation will really kick off when those people are either cut or you know or sort of no longer being hired at the at the same rate um so we'll see but um yeah I I think like the things that are going to have like command a premium are are relationships

1:48:13

right when every company has an army of AI agents that are coding and selling Rel relationships are going to have a lot of value like being able to call up um somebody at another company and get a deal done like just very oldfashioned like do a Power lunch uh and just get

1:48:29

the deal done that's going to command a premium IDE um but yeah I think the the the wait but why guys said this thing which was like this is the last year of human history where where more the most popular like talk you know subject um it's still honestly not like it'll be

1:48:46

interesting to go home for Thanksgiving and more people will be talking about crypto than AI Y and it's because people like to talk about like the headline price and there's no like headline price for AI just sort of like steamrolling yep um but I would say like maybe next Thanksgiving that'll be a different

1:49:03

story I do I do wonder about the jobs thing have you read that book um it's the thesis that um like J like there is a lot there's already a job related meaning crisis that's happening um and I I think about this in relation to the government where there are a lot of jobs you know you walk

1:49:21

through TSA you're like what are these people actually doing and you can think about a lot of the government as just a wealth transfer and the and the the but the way we transfer the money is not through the Andrew Yang Ubi strategy it's instead through a jobs and

1:49:39

I don't know if that's going to go away I think that might just scale up because I think both parties might uh Embrace that as a way to transfer wealth and and give a little bit of meaning even if it's even if it's minor yeah thing about the thing about a a the the beauty of a

1:49:56

quote unquote job of something that's not necessarily super impactful is that it's still um it still provides uh self-esteem associated with being productive earning an income and you take somebody who's you know uh 22 and unlo unemployed and you give them a job even if they're making 30k a year

1:50:18

they're immediately going to be feel better about their situation better about the world and so we we it's going to be the greatest sort of challenge of our yeah lifetime as you know intelligence becomes an API call yep let's go to Victorio he says it looks

1:50:33

like Sora is still the best video model S please elections are over deep fakes are not such a big concern anymore and everyone can't wait to not have to deal with Ben Affleck anymore uh yeah so we we want them to release Sora I mean this has been almost a year right didn't they didn't they

1:50:50

announce it almost a year ago no the challenge is when companies start announcing things before they're available it encourages other companies to do the same it's cost thing I think it's very expensive to inference Sora yeah yeah um but this is going to be like the craziest thing ever I I heard

1:51:05

about a um there was a hackathon and SF a week and a half ago and somebody built a product where you could speak into a microphone and like talk about a situation and then an AI model would generate like a b-roll on that and apparently I think it'll end up being

1:51:22

like there's a huge consumer product to be built where somebody you just like talk into your phone say something and um and it just like generates like an entire visual like story of like that thing because it's like very much like you're almost like hallucinating yep um

1:51:39

I do Wonder like how much does that actually add to the experience like I've done a lot of YouTube videos that are very Boll heavy we use a lot of stock footage use some AI video stuff and then and then this podcast we we were very light on the b-roll unless we're doing a

1:51:55

specific segment and I'm not sure that once b-roll is democratized at the point that you just click a button and every word is translated into b-roll so I'm talking about a man drinking champagne and you see AI generated video like is is that going to become just like H like

1:52:14

they did the thing who cares no I think it's more of like an entertainment product where I think it's more about like the creative use like like I remember when uh Harry Potter Balenciaga went viral and everyone was like this is incredible this is like the craziest

1:52:28

huse of AI and I was like what's incredible here is the idea yeah and I went to Chachi p and I was like Hey Chachi P there's a there's a there's a viral video right now called Harry Potter Balenciaga and it's very interesting for these reasons it's non sequer because Harry Potter and

1:52:43

Balenciaga are both things that people really understand but they're from completely different worlds one is children's uh story and the other is a high fashioned so come up with other ideas that could potentially go viral like give me the ideas and it was like Lego Versace and I

1:53:00

was like you're not getting it like that's not but do you remember do you remember early iPhone days when you could there was like apps that would get like millions of dollars in sales that were like drinking a beer and so I think that what I was describing of like you

1:53:16

say a phrase into the phone and then it generates his visual journey is more like you know I grew up in the country my dad had like chickens you know we had chickens every once in a while like a raccoon or Fox would get into the chicken C and then it would just be like

1:53:29

fire drill we're all running and so if I was able to say into my phone like chickens with AR-15s defending themselves from like foxes and then see this visual Journey like I would pay $5 a month to be able to do that like it's just like yeah I've already used Gro to

1:53:45

like mash up different children's properties like what if Paw Patrol met met uh you know Yoda and it's like that can't happen in the real world because different IPS but it can happen in Ai and uh and visualizing like very specific things uh and and like yeah democratizing it's going to be such

1:54:03

AOSS colossal leap from generating an image to generating 30 seconds a video which is less than a year like a year out till it's like to bake it down in the hardware because right now it's super expensive yeah let's go to Andrew Wilkinson he says going to business

1:54:18

school to become an entrepreneur is like reading a book about basketball history because you want to join the NBA I agree I never did business school I just started a company I think you did the same thing right economics is great listening to technology Brothers is basically like getting an an MBA in

1:54:36

three hours sure via the timeline and and our takes on it no but I I did a program called uh Tech management which was like for its you know to its credit pretty cool um I you know I did like probably six classes in it and I thought it was relatively current but every

1:54:56

single thing that we were covering that was at all topical was like a trend from the prior like like three years ago so we had a class on like the direct consumer model which again giving it credit like most times like a school by the time a school is covering something

1:55:11

it's like decades in the past and this is two years in my in some entrepreneurship class I wrote a bull case for Twitter and the stock was valued at like under a billion dollars and I got a be minus or something and then the stock ripped and I wrote an

1:55:25

email being like dude you got to give me an A+ on this I called it like come on and the professor was like fine should have been at Jane Street yeah it was like yeah bad uh let's go to TJ Parker he says uh can we please stop with the concert poster fundraise announcements truly

1:55:45

terrible yeah so this is like a very 2021 thing uh and and every once in a while you see some founder that hasn't raised a big round in a while and they're like I'm going to do a concert poster and my main issue with it is I'm I often find that I'm not big enough on

1:56:01

the poster right I'm not headlining right like some asset manager like andreon gets the top spot I'm like well I I invested before them right like should I you know should be I should be I should be like bigger and so anyways I I think this is uh I do think that fundraising announcements are like just

1:56:20

an easy launch that companies can use to get attention from real value is like notifying the next rounds investors that I'm here in also I mean just the X algorithm like you can't post a link to a tech crunch article that actually breaks down your investors so an image

1:56:35

can go more viral so there something about the medium is the message and you know X is kind of pushing you towards these concert posters but they are kind of played out and increasingly the uh the the the viral launch video is played out to some degree totally um people

1:56:50

need to kind of reinvent these things there's there's been a few that have broken through but I think people understand at this point it's like oh it's one of those direct camera oh it's a VI re Founders funded the original viral VI re y years we did we did a

1:57:06

remix of it and then other people have sort of driven it into the ground uh and it's now dead so if you're thinking about doing a Vibe reel or a concert poster do not do it come out with something new but at the same time it's like better than nothing how about PR Newswire great again make PR news

1:57:24

Business Wire great again you know there's like two companies that like do that as a service and Burkshire owns one of them really which is like funny because like you know the boys at birkshire being like yeah we should probably own like Business Wire the wires we should own the wires that's

1:57:38

great the original like go direct is just like own the wire own the wire uh let's get historic preservation respector he says what the heck I ordered an engagement ring but they freaking sent me a speed Master professional 42 mm someone is going to be in serious trouble what the freck why

1:57:57

did they send me one sized for a 7.25 wrist and uh this is one of those things men go have the the watch conversation with your wives sit them down mansplain it to them have a 30 to 40 minute conversation where you explain you know the his history and the intricacies of

1:58:19

Swiss watch making and you know there's some fine American watchmakers James Bond's watch um and uh and yeah sit down explain it to him you know in in uh you know uh you know in in uh the correct terms and I'm sure they'll come around to it uh so yeah the engagement ring can

1:58:39

wait it can wait it enjoy your speed master get get your hitter get your speed master it's but find the right watch for you right we're we're big fans of loud opulence on this podcast uh Julie Frederick says first time on the show she says dingdong the dick is dead Gary gendler plans to step

1:58:58

down as chair of the US Securities Exchange Commission on January 20th and this is interesting I I've always wondered like obviously Trump is appointing all sorts of new people but what is the calculus between getting fired riding it out talking to Trump or

1:59:15

just stepping down early versus announcing you're that you're stepping down early like he's stepping down on Inauguration I suppose or near it and so um clearly he knows that he's that the writing's on the wall um but there's the president-elect has a meme coin called the world Liberty coin oh

1:59:36

yeah that he launched like two weeks out I'm sure Gary K is not a fan he's not a fan um but yeah you know look I I think that uh one of the challenges with crypto is that it's sort of been speed running all the of these you know why we have certain regulations and Gary gensler's gotten a

1:59:57

lot of hate and and I think it's broadly for good reasons he sort of made the entire cryptocurrency industry not be able to innovate and actually create like a lot of products that would otherwise be valuable to people um and so I think that it will generally be it

2:00:16

will certainly be good for the for the cryptocurrency uh industry to have some in place that is more of a you know ideally like this is an innovation that's happening one way or another like clearly people just create it's it's anybody that can develop software can

2:00:32

create you know tokens and um you know protocols and so I think that having somebody in that seat that is generally appreciates the the novel like applications of the technology and can kind of Steward the industry towards having you know the big criticis is he's sort of regulating by enforcement

2:00:54

actions so not really telling people what the rules are and then just like coming down on one person super hard and trying to make an example out of them um you know there's no reason we have you know tons of billion dollar crypto companies in the US they should kind of

2:01:08

understand uh the new companies the rules of the road yeah do we have promoted post promoted post from uh this guy Jordy Hayes said he's a general partner at technology Brothers podcast uh I know this guy he says I'm excited to announce the Porsche 911 of water filters rora water rora is a new

2:01:30

countertop water filter look at this thing we got one right here one of the first versions off the factory line to rora's a product that I've been working on uh with my partners Brian and Charlie for uh quite a while we've invested a ton of money in R&D and and testing and

2:01:48

it's live available to purchase as of yesterday um so we uh you know we took the countertop water system which is you know there's a bunch of different people that have made versions to this over the years we tried to make it 10 times better I think we did it's beautiful

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effective durable Timeless easy to set up easy to use uh my 2-year-old can use it which is awesome uh it's accessible you don't need to do plumbing or electrical work um and we've tested it extremely uh rigorously uh literally spent about a quarter of a million

2:02:20

dollars like with the NSF which is the certification and uh really happy with the product it's beautiful and I'm excited for people to finally get their hands on it I'm excited so go bu Aurora Water Filter today let's go to Joe Rogan first time on the show he says this is my new

2:02:39

official X description and he's quote tweeting Colin rug who says the views Joy bear says people like their show because they tell the truth unlike Dragon believer Joe Rogan and Joe updated his ex description to just say dragon believer I can't stress this enough on this podcast we trust the

2:02:58

experts Joe Rogan Lex fredman huberman Chris Williamson Chris Williamson uh David Michel the list goes on you got to trust the experts you got to trust the dragon Believers I think that uh putting on the tinfoil hat again I think we should send one of these to Joe I think it's it's a

2:03:19

it's a great asset it it provides a little bit of ground cover to say some crazy things I believe in dragons right I got a lot of dinosaurs around my house right now it's hard not to think maybe these things were what we imagine as dragons right maybe we did walk the

2:03:34

earth with these Fantastical beasts so um shout out to dragons I mean dragons are literally real if you believe in the Komodo dragon we have a variety of dinosaurs that are ESS classified as drag created by OIC is drag that was the heila monster related to the kodo dragon

2:03:49

but separate but yes um but dragons uh we need we we need we need a good deep dive we need someone to we need an expert to weigh in enjoy the champagne I refilled you we have officially finished the bottle of D pering on this time we are Chads who's mixing celsi mixing a

2:04:06

little Celsius and D thank you Ben for editing all this let's go into uh let's skip grit and let's go to uh tomorrow's Telecom I don't know what that is is this important do you know this person no I just uh skip it uh Expo let's do Scott this is a good one Scott Sanders says real talk what

2:04:29

are you printing in 2024 and this was a reply to my call for Apple to develop a printer and I'll tell you Scott I'm printing your Tweet I'm printing your tweet I like my tweets printed out if you're not doing this have your secretary print your emails print your

2:04:45

text print your timeline out uh get with the modern era we're returning to tradition and we're printing things now so we need great printers we need a new printer startup we need Apple to build a printer we need more comp I want a service similar to a newspaper that PO

2:05:01

that that prints out the best Tweets from yesterday and delivers them to me at 5:00 a.m. so I can wake up walk outside pick up a nice stack of posts and just start we respect printed things here shifting through it we review Arena mag we are I already purchased uh uh Patrick oran's new magazine um I am

2:05:20

obsessed with the so-called Legacy Media just because there's an option to print it out and ship it to me I like printed stuff it's more tactile you can mark it up you can take notes it's less ethereal and it goes in the stack and this this post will be immortalized in the stack

2:05:38

of printed posts forever so uh get with the program start printing your post do we have a promoted post promoted post from Daniel at growing Danel he say so today he's saying that he needs a chief of staff a dream job working for a dream poster a dreamy poster uh he says

2:06:02

Anita chief of staff is well offering 15K for that connection wow put me in touch with your most organized friend so this is a bounty for any technology brother out there to go connect Daniel uh to his next chief of staff uh the last one uh is is the president of elect

2:06:22

not not a lot of people know but Donald Trump actually worked for growing Daniel briefly uh during the offseason for him um and uh anyways go uh work for Daniel got a great company building software for police officers to be better at their jobs and more efficient tell them

2:06:39

the technology Brothers sent you tell them we sent you let's go to near cyan she says uh every 20's male will watch The Big Short and be like he's literally me then proceed to lose their life savings in the dumbest way possible you know there's a lot of Founders I know who have gone through

2:06:55

the hero's journey of losing their entire life savings in crypto and then realize that trading or you know YOLO investing is for them and then they go they build something real and it was a big shift from like the defense Tech Boom the gundo boom a lot of those guys

2:07:11

had had rough goes in like the Wi-Fi money era realized it was not very durable very Zero Sum and moved over to something that was more tangible and I I I really think that was a benefit uh to society it was it it was a good move obviously crypto is important but it's for the real Builders and they're the

2:07:28

ones that should be rewarded um if you're just on Wall Street bets and Tik Tock like trying to read you know uh technical analysis like uh I think ill liquidity is a feature like you know uh the fact that you can go and do your job every day and not be constantly getting

2:07:48

marked uh is is a great uh blessing because it allows you to focus on the next important task ahead and just create value that way let's go to shiram Krishna Andre Horwitz uh he says the common question I often get from SV folks these days is how they can do join

2:08:07

Doge yeah so this is this is interesting I think one of the one of the challenges there's a lot of people that are in the kind of like peripheral or adjacent to the American dynamism movement that are kind of looking at Doge being like if I was going to work in the government

2:08:23

the challenge is like if you if a lot of your uh net worth is tied up in a bunch of like illiquid private companies it's like very difficult to kind of you kind of divest those positions I did hear I if you have a job and you're busy like I think there was an official post by Doge

2:08:41

saying look we've gotten enough ideas thank you but now we need high IQ hard workers to come in and work 80 hour weeks and that is going to be a great resume bullet point but it's going to be hard to step away from a company you founded or GP at a big fund like that's

2:08:56

going to be really hard I did hear incredible Financial Innovation I think it's from JP Morgan or Goldman is one of those two they offer a service where if you're taking a government post and you need to divest assets they will basically buy it at like 60% of like the last Mark um so all those technology

2:09:14

Brothers out there sitting on overvalued private company shares uh maybe take a role in the government and and get some I mean that's the thing with a treasury secretary right they have to sell everything and they don't get taxed on it yeah so it's a huge benefit yeah I

2:09:27

think there's something employees as well no I think I think it's like pretty broad yeah and it makes sense it's controversial but it but it makes sense uh let's go to Dylan field over at figma he says uh he's quote tweeting Gary gendler he said this man has ruined so many innocent lives

2:09:44

the stories will come out in time right now most of his victims are too intimidated to share broadly let's hope he never has power again and Gary is announcing that he will be stepping down and yeah it's wild because Gary he was he was kind of pro crypto at MIT I

2:09:59

believe he saw taught a course on it and then just came in as this uh kind of the bad cop of crypto and and he had a finance background I help a lot of people I think he was at Gold I think he was at Goldman or some some big uh asset and the biggest problem isn't that he

2:10:14

wasn't isn't that like okay they're obviously Bad actors in crypto the problem was is that for the last you know know four years during the bubble cycle I never was like oh the SEC is the reason that Sam bankman freed got caught it was always like some anon on Twitter

2:10:30

or even like most of the scammers who are like celebrities and they run shitcoins it's like coffeezilla is the one who breaks the story yeah or some reporter it's very rarely oh the SEC got to it first It's usually the the investigative journalist the YouTuber the Twitter the posters and then the SEC

2:10:48

has to follow up and it was just like this is completely the wrong model uh you need to have a stronger a stronger sense of of of who's actually being the fact that somebody who's running at like the greatest design startup of the last 10 years is like cares enough about it

2:11:02

to comment on it just shows like how out of control he was let's go to Spore repeat uh guest of the show Spore says what was the hot Tech theme of 2023 and uh the founder of perplexity says there's a hot theme for the year and then the most valuable company and they

2:11:18

never match up I love this is a great chart it's not entirely true because the hot theme of the Year kind of changes and it's kind of unclear but it does seem real that the metaverse was big in 2022 and the hot but what's interesting is like this question it's very obvious

2:11:32

2023 is AI yeah it was AI 100% but I guess what he's saying is like the hot theme was AI maybe we should expect the most valuable company started in 2023 to be technology Brothers techn Well we weren't stared in 2023 we were stared in 2024 um but uh you know truth social

2:11:50

started started in I believe 2021 it was the web 3 I would argue that we were started in 2023 though cuz that's when we met that is true that is the first meeting that was their first podcast the mics weren't on but it was a podcast at at uh a very illustrious uh office in no

2:12:06

there should be there should be this is a good use case for poly Market you should be able to bet on what is the most like what's going to be like the most valuable company that's just called investing in the companies yeah yeah yeah no but the thing about private

2:12:18

markets is like I can believe I canot an investor in a company and still believe and not even able to be an investor just because of the nature of like round timings um po Market is binary outcome yeah yeah like it doesn't really work like that yeah yeah uh you know good

2:12:34

idea we'll have to work on that though we need some work shopping let's go too Elon Musk is now technically the top Diablo 4 player in the world after a record clear time of 152 in the game's toughest challenge that is incredible firing on all cylinders we need to get

2:12:51

him streaming on Twitch right he streams every once in a while yeah like a daily stream would be good I would love it uh and he takes calls while he's doing it he does everything and more importantly he's actually excellent at the game unlike certain SPF bankman um do we have another promoted

2:13:10

post promoted post from our friend over at pirate wires Mike salana he is looking for a full-time editor for the pirate wires daily you'll be responsible for sourcing stores each morning managing assignments editing each take writing some of your own must be terminally online in funny salana pirate

2:13:31

wires go apply for this job email him don't put anything in the subject line just say no subject don't even put anything in the body of the email just put your ex username a link to make it easy for salana your resume is your profile if you're not posting bangers

2:13:47

even even low Tam bangers you got to have bangers you're not get this job without it the job is to uh curate and cultivate bangers I mean that's and I can't dream job dream job I mean the three morning takes if you're not subscribed you got to go subscribe it's the it's the best newsletter best daily

2:14:03

newsletter by far fantastic product just very bite-sized very digestible very funny great format I've written one I need to write more because every once in a while I think oh I have this idea it's not good for a tweet it's not good for an essay the the the the the pirate

2:14:20

wires taste is like a format of its own this is what we talk about like format is so important in content and salana has been Innovative there in a way that many many other newsletter writers haven't been yep let's go to Michael he says a quick personal update after three

2:14:34

and a half amazing years at notion and some time off I've started a company that's at the intersection of everything I learned at stripe notion and Google AI fintech productivity and search our small team is growing and we're looking for founding engineers and designers

2:14:47

please reach out if you or someone you know might be interested in something early stage and in person in San Francisco let's go a huge Talent moveit all the right buz entering free agency building a new franchise um could be a generational company hit up Michael if

2:15:03

you're interested I love it potential siiz gong candidate if he uh gets the round announced Michael let us know when the round closes hopefully it's really big hopefully everyone's uh 10 on 50 dumping a bunch of fud on oh this is overvalued and but we'll be here ringing the siis gong for

2:15:21

make it happen let's go to Erica she says an LP shared they expect 5 to 10% GP commit for a first fund that means 500k to 1 million for a $10 million fund 50 to 100K of that has to be cash most emerging GPS go two years with no salary plus spend 25k in upfront cost so

2:15:43

expecting more just seems wrong what are your thoughts and Nicole wisoff says have never heard this and have met with a few hundred piece so a little bit of a controversial post what do you think I mean this is somewhat related to I think you can basically write off the GP

2:15:59

commit if the GP shows up in a car that follows the 1% rule or is wearing a suit or is wearing a suit uh yeah so this is one of those things anytime you're fundraising you know you could go out fundraise and talk to an angel investor that's like I'll give you 50k at a

2:16:16

$250,000 valuation and like that's there's always going to be the outliers that are just expecting or like making kind of like crazy offers and uh got to learn which ones to ignore which ones to take advice from the other thing though is like if you're a GP you can effectively commit uh part of the what

2:16:35

would be your management fee back to the fund which can kind of make up for for uh you know if you're uh not super liquid and and and don't have whatever that 5 to 10% to invest back into the fund you can leverage the fee uh to kind of get closer to that Mark so lots of

2:16:54

ways to do it uh I don't think you should start a fund if you um you know get some get some big wins under your belt before yeah we have a good friend who says you don't you shouldn't need to raise because you should just go out and find 1,000 simply get 100x scale up and

2:17:10

then just invest your own Capital but be ready to make your own Capital commit Chad Capital uh let's go to Jesse Jesse says onchain isn't for you until it is and it's an ad from coinbase a fantastic ad I really like this it was really good because it it really like exemplified

2:17:28

like the value of stable coins and why the average person will start to use them in different capacities so like the wire transfer is like a pretty pretty good Innovation right you can walk down to the bank send a big wire the other person you know assuming you don't miss

2:17:42

the wire cut off uh you know you're going to have a pretty good uh likelihood of that wire Landing very quickly that said uh if and this ad you know showed a guy selling you know an old truck and taking the bus home afterwards if you're trying to you know make any type of major

2:18:00

transaction peer-to-peer after hours and want to do so in a trustless way stable coins are a fantastic way to do that and I like that coinbase is taking this moment where they're you know number one in the charts or close to that and starting to advertise some of the applications of of you know crypto that

2:18:17

that the average person would really care about which is I'm making a big purch or a big transaction I just wanted to go through fast and I just wanted to go through fast and know that it's there and um yeah so I can see I can actually the ad made sense because I can actually

2:18:31

see that happening where somebody's first time like really using crypto other than to speculate is like making a big purchase like a car it's great let's go to Ryan Harmon good friend of the show he says we did a new brand with our friends at a24 and they introduced movie

2:18:47

chocolate milk chocolate to eat during movies and it just has a fantastic brand fantastic text and you could see this being really huge and it's cool to see a24 branching out into consumer packaged Goods in a really interesting way and super aligned with the products uh the

2:19:03

flavors of this new chocolate brand are like super fun and funky and and they're partnering with AMC so these will and they partnered with uh you know a lot of people like to the call Ryan's agency the day job the a24 of creative agencies right they're bold they're dramatic

2:19:20

they're original I mean the main problem with Ryan and de job is that he hasn't done the blood sucking scale up that most other brand agencies have where he's just producing slop but charging 500k a project for basically just copy paste of the figma file um so get your

2:19:37

money up Ryan start doing shittier projects and maybe you'll make a lot more money you one one small note on Ryan he's also a little bit of a real estate developer they' taken a lot of the the profits from the agency and sort of uh they've been buil build a office ground up so if I was a designer or

2:19:54

copywriter or creative director and I was in LA I'd be wanting to go work for them their new office is going to be fantastic it's a fantastic businessan yeah you know they Exel you know what they say uh Good Times create Jaguar rebrands Jaguar rebrands create Hard

2:20:10

Times Hard Times Hard Times create day jobs day jobs create Good Times yeah that's great let's go to Phil arinstein he is the founder of d Ro we got his name wrong on the last podcast and he's very upet he said just going to leave this one here and it's Jordy grasping for his name

2:20:29

failing two seconds later he clipped this so short five seconds at six seconds I say your name is I know your name Phil is a Chad future beire gigachad Giga Chad future brother incredible bench press this guy is an incredible bench presser so he says changing my morning alarm tone from the

2:20:47

founders fund opening song to this audio to begin my winter art so he's fueling so the only thing I would say I'm sorry Phil you're incredible bullish on you and dck I pronounce pronounced not only forgot his name I some scientist some nerd Phil you're

2:21:06

an animal you uh are I know you're a future brother of the week and we cannot wait to hang uh you know at the next uh gundo TB uh dinner crossover let's do it uh zest asks what's the tech bro version of a Rolex and it's like he's subtweeting us it's it's I me he doesn't

2:21:25

follow us yet but zester get on the bandwagon cuz we've been talking about this for weeks the technology brother version of a Rolex is a PCH phelipe yes but which one I mean you can't go wrong in the range yes it could be a aquanut a nautilus krava if you're just kind of

2:21:43

getting into the range starting to build that relationship sure um but uh but yeah you could also argue you know I know um uh you know praying for exits popular meme account he he he'll often be fine wearing you know Timeless Submariner I think it's a great watch um

2:21:59

and uh so one could argue the technology brother version of a Rolex is a Rolex yeah but also you go up up Market to the gigga Tech bro Zuck he wears an fpjourne and so a rard mill uh we have a promoted we have a promoted post from rard Mill actually today we do we rard Mill it's a

2:22:18

racing machine on the wrist and it skeletonized skeletonized it looks like one this is a head turner this is a fun piece can you read me the the love language there the love language says a rasing machine on the wrist skeletonized manual winding uh 70 hour power reserve

2:22:33

base plate and bridges and grade five titanium power reserve and function indicators Cas in grade five titanium torque limiting Crown so like this is the kind of thing that you know you're going to see a doll on the wrist while he's playing I think the lesson here is that is that Tech Bros are anti-mimetic

2:22:49

like we do not want to have a one-size fits-all we don't want every Tech bro wearing all birds we don't want every Tech bro wearing the exact same Nautilus we want a a piece a hitter on the wrist that speaks to what you're doing are you in hard tech are you in AI are you in

2:23:05

B2B software these are different paths for the tech bro are you a capital allocator that means something different and that means a different piece on the wrist so speaks to who you are and what you do so if you're if you're a technology brother and you're creating uh a you know uh drones for the

2:23:23

sea or a Submariner right sub lit potential you're not going to be wearing a dress watch in that scenar capit Hill lob maybe it's a dress watch maybe you're in a bow tie maybe you're in a tux and and you need to call a Trava absolutely let's go to Omar Wasim uh he says the best ideas start as

2:23:43

intersections huge Alpha in exploring combinations of whatever you're obsessively interested in Tech Bros pod is the best recent example of this American dynamism X Venture X Niche Twitter bubble and as soon as he said Bubble I was in I love Bubbles love

2:23:59

Bubbles on the show I love Omar we promote bubbles I've been on his podcast we participate in bubbles and I and the only thing I had to say in response to this was there's just huge Alpha and wearing simply wearing a suit right I agree if you're in technology take off

2:24:13

the all birds throw on some loafers y get a tailored suit yep wear it to work I guarantee you will stand out and uh you're making a statement I like it every step and let's close with Andrew huberman who talking about podcast he says wondering if it's still a good idea

2:24:28

to start a podcast yes especially if you have expertise in a particular area that you focus on or weave into your content I'm excited for the next generation of Health Science and Tech podcasters it's fertile soil I mean clearly clearly subtweeting us absolutely uh obviously

2:24:47

but does it apply outside of us absolutely I think so absolutely I think there's I think the evidence of this is is you could say you know in the consumer brand industry right there's a brand for almost anything and you know once a week you see a brand launch and you're like that makes sense for this

2:25:04

moment you know we were you know the the whole sort of Market was ready for it and the same thing with podcasts uh there's still I I forget the stat but there's like 300,000 is podcasts that have published at all in the last month and so while there's a lot of podcasts

2:25:19

that take a shot on goal and then like don't quite see it through or continue there's far fewer podcasts that are just consistent there are there really aren't that many podcasts that fully send it it's a lot of side hustle oh I do something on Zoom I interview my friends

2:25:32

and they don't really think through like what are the sources of alpha how can I combine different ideas how can I really prioritize this and make this the best thing that's what I noticed on YouTube was like at a certain point it's like pick a big topic and make the best video

2:25:47

about that topic and it would always go few years later you have half million subscribers yeah so that's a great place to close thanks for watching subscribe today or be relegated to a life of netjets for the rest of your life just do it do it now thank you thank you for watching