How Twitch Streamers Are Making $18,000,000+/Year

0:00

This one streamer who we're talking about, what's his name? Uh XQC in this case.

0:05

How much money does he make?

0:07

He probably makes between I want to say 3 to 10 million dollars a year. No way. Really? Yeah.

0:14

Probably 5 to 10 is is is a easy estimate.

0:16

Um 10 man 10 is not even the upper bound.

0:19

Like they These guys can make much more than that.

0:22

Maybe up to 20 25 million if they are maxing out their stuff, but they don't always want to do that.

0:28

Like Uh I talked cuz I used to negotiate with these guys.

0:32

So so you know, um even before Twitch.

0:34

Like when I was just trying to get them to promote our products.

0:38

And it's like, all right, I'm going to talk to I want to talk to the streamer.

0:40

Like, no, you don't get to talk to the streamer. You talk to the manager. Okay, fair. That's fine. They're stars. I get it.

0:43

All right, who's the manager?

0:43

Is it like, you know, CAA or like WME?

0:45

And like for 95% of them it's like No, it's like his little brother Ray Ray.

0:51

Yeah, he said that it was his girlfriend or like, you know, exactly it's Ray Ray or like, uh hey Jenny, um you know, so how long you guys been working together?

1:00

It's like, well, we've moved in together at like when we were 16 and then like he didn't do anything for 5 years, just played video games all the time and like now he's rich and so I quit my job to like check his email.

1:20

This is like the shirt it's like the it's like the Gen Y or Gen X, whatever the What are the young people now called?

1:26

What are the young What are the What are the young people called? It's like Gen Z.

1:30

It's like the beha uh Tommy Bahama of Gen Z.

1:34

Yeah, I was I literally I was about to start with the shirt.

1:35

So you're on to something.

1:38

What kind of What brand is that? Scotch & Soda. Uh yeah.

1:42

Dude, Scotch & Soda crushes it.

1:44

They There was uh two I was I went shopping this weekend and um uh like whatever the like Union Square in San Francisco and two dudes walked into the uh elevator with their Scotch and soda bags and they were so happy.

2:00

It's like shopping makes people really happy.

2:02

I think that's an underrated part of shopping is how happy it made them.

2:06

And they were just like it was two guys and they were talking to each other and they were still talking about their shopping which I would say I've never experienced that being another dude just first of all, going shopping together.

2:16

Secondly, after shopping, not just being like, all right, it's done. Whatever.

2:20

Like we don't need to talk about it anymore.

2:21

He was like, he was like, yeah, I'm really happy with the color.

2:23

The guy was again, the color's sick.

2:24

And I was like, and I'm just in the elevator with them.

2:29

And I was like, I was like, yeah, IS THAT MOSS GREEN?

2:41

DUDE, THIS GUY JUST SAID IT'S AWESOME. YOU shop there? No, I didn't shop there.

2:43

I was shopping for my wife, but um it's in the same like area whatever like Wait, you were shopping for her? Like with her.

2:51

She wanted to go buy I told you she was trying to buy like a like a designer bag.

2:54

Which by the way, it the whole experience is crazy.

2:56

Have you ever done Have you ever gone to like a Yeah, [ __ ] You got to make an appointment.

3:02

Yeah, well, now they it's like a restaurant now.

3:05

Basically, they uh you go, you put your name down, they're like, we'll text you to get in.

3:08

Like you can't just walk into the store. Yeah.

3:11

And um we go in and it's like I've got two babies and a dog with me.

3:15

So, I'm already like You brought your dog to a Louis Vuitton store? Yeah.

3:22

And it's a my stroller has two children and a dog.

3:27

They're probably like, "Sir, you can't come in here.

3:28

You have to leave the kids outside."

3:31

They straight up I don't even think they saw the dog cuz the dog is so small and so quiet compared to the kids.

3:34

They're like, I think that just got lost in the shuffle.

3:38

Otherwise, they for sure would have kicked me out.

3:40

Uh but we were like, "Hey, you know, um uh we're here. We're here."

3:44

And they were just like, "Okay, why are you so loud?"

3:48

It's like, all right, let's do this.

3:50

And I was so excited just cuz I was like, all right, whatever. Make this an experience.

3:55

And like 5 minutes in, I became like I went in with the best intentions.

3:58

I was like, I'm going to make this a great experience for my wife. She wants this.

4:03

I'm going to not just play along, I'm going to like be along.

4:06

I'm going to [ __ ] sing along with this.

4:10

And then like literally 5 to 15 minutes in, I was just like, All right, like just pick one.

4:18

The small one or the big one?

4:18

I don't know, which one do you like?

4:20

Just pick the one you like. You're such a idiot. You're such a redneck. You're like, we're here.

4:26

And then like 5 minutes in, then we like, "Hey, do you guys sell any like lemonade or turkey leg or anything?" like.

4:32

I was like, "Oh, they used to offer snacks.

4:34

You still guys still do that?"

4:36

And they were like, "We've never done that, sir."

4:38

And I was like, "All right, where's the shot?"

4:39

And then like No Cheez-Its?

4:43

There was like a section for the purses that's like five stairs up.

4:44

But I got a stroller, two children, and a dog, as you remember.

4:48

So I was like, "Y'all got an elevator?" It's like three stairs.

4:53

And they were like, They were like, "Uh yeah, there is like a wheelchair lift over here.

4:56

I'm not sure if your wagon will fit, but like" And then I got stuck in the [ __ ] wheelchair lift going between like going up a 4-ft rise, I get stuck.

5:04

And then I realize I'm not stuck.

5:08

I just push the door and it opens.

5:10

Nobody was on the other side to open the door.

5:13

It wasn't automatic, either.

5:15

Dude, you're the Indian Curb Your Enthusiasm.

5:19

Yeah, and that's exactly how I felt.

5:19

Oh, dude, somebody said this the the other day, they go they go, "I was in LA."

5:26

They go, "I was in LA or whatever, in New York somewhere.

5:28

And Larry David was there at a a driving range playing golf."

5:35

And they were like, and they're like it was like some like just like a hole-in-the-wall type of driving range, not like a nice one.

5:41

They're like, "Why does Larry David go there?"

5:42

He's like, "Ah, it's like near where he lives" or something. So he just popped over. It's like 2:00 p. m. on a Tuesday.

5:46

He just wanted to hit some balls.

5:48

And they're like, I overheard him and nobody even Nobody pays any attention.

5:52

You know, it just looks like an old guy and I Nobody knows who he is.

5:54

And he's talking to the lady who sell who gives you the balls.

5:57

The balls are The balls are $11.

6:01

And he's like, "Why do these have to be $11?"

6:03

He's like And then he's like, he was negotiating the price or like he was complaining about He's like a super rich guy.

6:09

He's like, "It's not the price.

6:11

$11 Now I got to have a 10, but a 10's not enough.

6:14

If you made it 10, one bill, we're done.

6:17

Now, I got to give you a 20.

6:17

Now, you What are you going to give me? Five and then four ones?

6:20

What am I going to do with these ones?"

6:21

And he's like, Paul, like an actual Curb Your Enthusiasm skit in real life. like that in real life. For sure.

6:30

Um Um all right, since we're talking about entertainment and content, I have to tell you so about two different things.

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So, we're going to call this segment, I'm happy freak freaks exist.

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Here's the craziest content that I've consumed this weekend.

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On a Have you heard of the show No, yeah, no, definitely not.

6:46

Have you uh Have you seen the show called Naked and Afraid?

6:53

I've heard of it, but I have not watched it.

6:55

It's like you're naked on a beach, right?

6:57

Are you naked on a beach or what? it's worse than that.

6:58

So, what they do is they take two strangers and they drop them off in like the jungle in South Africa or Asia.

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I don't even know where the exact locations are.

7:10

It's all over the world, but like remote remote locations.

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Often times places that's like 110° during the day and like 50° at night, so you're freezing.

7:18

They take two strangers, they put them uh in this area, okay? They give them nothing.

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Sometimes, if the water's really bad, they'll give them just a uh uh a pot, just an empty pot. And and a machete. That's basically it.

7:32

And they make the two strangers meet and work together to survive for 21 days and they're completely butt naked.

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They're They're not wearing anything.

7:41

They're entirely naked, and they've got to like spoon at night to stay warm.

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Otherwise, they're going to like shiver and like and like but it's not like two dudes, two women, mixed? What are we doing?

7:53

It could be Usually So, usually like a man and a woman, but then they like throw like curveballs in there.

7:59

So, like they had this like guy, I think he was from Australia, and they played him out like he's like this like redneck hick guy from Australia, and then the woman is a transsexual.

8:08

And she comes on, and the they set it up so like they like you know how is this conservative guy going to feel about this?

8:16

And he was totally And like the whole show it was like, "Oh, you know, it's okay.

8:19

Like everyone's like unique and And he's like totally kind and like it's like, "Oh, man, he's breaking the stereotypes."

8:24

And they like hug it out and they're like, "You We'll protect one another. We're We're team."

8:28

And so, that's like, you know, like one of many ways the show is amazing is like they're like doing this together.

8:34

It's ridiculous and the hardest thing I've ever seen, and I don't think they get paid a cent.

8:38

You have You have to watch this show. It's ridiculous.

8:42

And so, they have to survive for how long? 21 days. 21 days.

8:47

And so, what are they doing?

8:49

They're going and hunting or they're just like eating uh They're like Usually, they're like, "We have to make shelter."

8:54

They're like, "We have to go figure out how to make a fire."

8:57

Sometimes it's in a rainforest and it's raining and they're like, "I don't know how we're going to stay warm. We're not going to eat."

9:00

And so, sometimes they won't eat for days, for 10 days.

9:02

Uh on one episode, a guy made a bow and arrow and shot a bird. It was awesome.

9:07

Um another episode, a guy tried to go and wrestle a crocodile to bring back and to eat.

9:13

Um Often times, I've noticed another uh like trait I've noticed is usually the women are way tougher and way calmer. Like significantly.

9:23

Like the men are like come out all aggressive.

9:25

Like this is going to be awesome.

9:27

And they're like trying to cheer the woman on. Like, "Let's do this."

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And then they like get worn out after 7 days and they bail.

9:31

And the woman just stays by herself and and does it.

9:34

Uh so, usually the it seems that women are mentally uh stronger. Uh, it's amazing.

9:40

This it's a it's a it's a wild show.

9:41

I cannot believe that like people do this. Okay, that's amazing.

9:44

What does that have to do with you put a tweet in here also next to it that's completely unrelated, but I guess it's under the theme of I'm I'm glad that freaks exist.

9:56

The second thing, there's this guy. What's his name? Is his name Felix? Felix.

10:01

What's the URL of his website? Do you know? Is it like felix. today? How is felix. today?

10:07

So this freaking guy for 8 years he tracked hundreds of different parts of his life. So and I have a list up.

10:13

So he tracked the easy ones like weight, steps, and diet, but then and then alcohol, but then he tracked his mood, his stress. He used rescue.

10:23

his mood, his stress. He used rescue.me, rescue time I think it's called an app that tracks which programs he was using on his computer, how much time he spent on his cell phone, his mood, his energy, his sleep, uh, how often he how many

10:38

texts he sent that day, how often he talked to friends, um, if he was more productive in the evening or the day, if he took any drugs, um, what city he was in, what the weather was, how hungry he felt, did he feel lethargic, did he feel stressed, uh, what else did he it was like just so much stuff. He had 30 or 40 or 50,000

10:58

He had 30 or 40 or 50,000 data points and it's all done in an engineer-like way where it, you know, he could say like, "Well, I was 46% more likely to say I felt sad if I didn't see a friend in the trailing 3 days."

11:11

Like there's like what what are can you read out some of the findings he had?

11:17

Yes, so like for example, how how does longer sleep duration, how does sleep affect my day?

11:21

He's like, "If I have um, let's see.

11:26

So if he had more than 8 and 1/2 hours, okay, I think he I think he means less here, but he's 65% more likely to have cold symptoms, 60% more likely to have a headache.

11:36

He He uses social media 40% more when he sleep sleep deprived.

11:39

Um 30% more likely to be a rainy day. That's interesting. Um Yeah, crazy stuff.

11:47

20% less likely to hit the gym.

11:50

Actually no, longer sleep duration.

11:50

This is I didn't read it wrong.

11:52

He's saying if I sleep more than 8 and 1/2 hours, all those things are true. Um which is crazy. Read another one.

11:59

Read some of the other ones.

12:00

It It like It's pretty This is It's pretty amazing what he found, but then Air quality in various rooms.

12:04

Okay, I'm not even going to read what goes beyond that, but just like measuring the air quality is crazy. Uh wow. This is wild. I'm I'm scrolling.

12:13

I've been scrolling for like the entire time you were talking and I'm halfway through this guy's findings. This guy is a nut. Is he okay? He's a nut. This guy is a freak.

12:26

The funny thing is he tracked everything and I'm like, is this guy okay? I think he's okay. I need an answer.

12:32

Let's just start at the top. Is he okay?

12:33

And actually it says, "Felix feels all right." And updated 1 hour ago.

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And it says what city he's in. It's amazing.

12:41

This first little table's nice.

12:41

Weight, height, sleep, and then it goes Last meditated 41 days ago. Inbox 20 emails.

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Personal to-do lists 179 tasks. Wow. It's pretty wild.

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His is sleeping heart rate 59 beats per minute.

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So, if you scroll all the way to the bottom, he's got one sentence that kind of like summarizes this.

13:02

And he says, "Do like a control My computer's not working, but if you do like a control F build" or something like that, you might find it where he says basically "Building this and having all this information, I'm happy I did it because it's just like a fun way for me to nerd out, but it was not beneficial and it doesn't make sense for anyone else to do this."

13:24

So, you were saying the main It says, "The main conclusion it is that it it is not worth building your own solution and investing this much time.

13:32

Um so that's on the building your own solution.

13:36

Uh I'm very happy that I built this project in the first place.

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It gave me much better awareness of everything going on in my life.

13:42

Uh I'm excited to I'm excited to have this uh have built this website to wrap up this project and showcase some outcome.

13:47

So he's done this for 8 years, you said? Yeah. Wow. Amazing, right? Yeah, truly amazing.

13:55

How did you find this guy? On Twitter. How is felix.

13:59

today if you want to go check it out? It's nice. It's amazing.

14:02

It's actually pretty nice. I'm not going to lie. Um it's awesome.

14:04

It's totally unnecessary and absolutely amazing.

14:08

Like I would like to have this if I just could do no work or like, you know, touch a button once every 5 hours.

14:14

Like, you know, I'm down to do that, but I don't want to remember to log all this stuff.

14:20

His story and so this guy's incredibly interesting.

14:23

His story I I read I like researched a lot of them because I I thought he was amazing.

14:27

He said he moved Where Does it say where he's from?

14:29

Is he from Vienna or somewhere like that? Yeah.

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And he moved to San Francisco in 2015 to work at Twitter.

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And then after a year, he was like, you know, I don't really like having an apartment.

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I'm only going to live on an Airbnb in San Francisco.

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And then he was like, I'm just going to leave San Francisco.

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And so for the past like 7 years, he's only like he doesn't own anything other than a suitcase, I think.

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And that's how he's been living. Good for him. I like it.

14:54

I like the uh I like the segment, too.

14:57

I'm glad that freaks exist.

14:58

Can I tell you about uh another freak? Yeah. All right. Elon Musk.

15:03

So, the the but it's not actually about Elon. This is about his wife.

15:08

Have you ever stumbled down the rabbit hole that is Justine Musk on Quora? She talks a lot of crap.

15:17

She's airs out a lot of their She's she like is it sounds like Elon didn't treat her wonderfully and she lets the world know.

15:27

Like she airs out their laundry. Well, I don't know.

15:29

I I don't know about all that.

15:30

Well, what did she do that that aired out his laundry?

15:32

I'm not sure that that's true.

15:34

She said that he was driven and everything, but she also said like I don't want to exactly paraphrase.

15:38

I don't remember entirely, but I remember like she gave like a TED Talk and on Quora she's like yeah, it's just like living with him was horrible because he wasn't there.

15:47

He we were all like second and third place to his work. Yeah.

15:54

Yeah, but I don't I don't think that's things that you would Uh That's not airing out his laundry. That's I don't know.

15:58

You just come That's common sense almost.

15:59

Uh He's had like three wives.

16:02

I'm pretty sure you know, something's not great about the experience.

16:07

Otherwise, you know, maybe maybe lasted for longer.

16:09

Uh but dude, I find her her Quora to be fascinating.

16:12

She has And it's not all just Oh, let me tell you about Elon Musk.

16:17

It's like you know, she answers questions about a bunch of stuff she's done it for I think she's an author. Seven years.

16:23

Yeah, so she's an author. She's very smart. She's a novelist.

16:25

Um and so she answers some questions.

16:27

I'll give you a couple of the the answers that she gave.

16:28

So so so somebody said, "How can I be as great as Bill Gates, Steve Jobs, Elon Musk, or or Richard Branson?"

16:35

And so Uh where's her answer? Let me find it.

16:41

Have you been watching the Johnny Depp trial? A little bit, dude. It's wild. So good. So good. It's so exciting.

16:48

Why are people Why is this so fascinating to people?

16:49

There is Okay, you want to know another freaks exist moment?

16:53

Go to Go to this Instagram account before I even go back to this Justine Musk thing. This is crazy.

17:00

And this is also like kind of interesting.

17:02

I wouldn't have guessed that this is a thing.

17:03

But go to the Instagram account that's called What is it called?

17:08

How is habit or something like that?

17:09

It's called What's it called? House Inhabit.

17:14

So this person Jessica Reed Kraus Wow, what are the odds? Both of them.

17:20

Felix Kraus and Jessica Kraus. Maybe they're married. These two freaks.

17:25

So, so she lives in Southern California, uh and she calls herself the queen of the carpool, the Hollywood philosopher, uh stereotypical Scorpio tendencies, and then she puts her Venmo on here.

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And she gives you a quick sense of what we're dealing with.

17:42

Okay, so what's a Scorpio?

17:42

I don't understand what that reference is. It's all like LA things.

17:44

It's like, you know, here's my favorite crystal, here's my horoscope, here's my Venmo, and here's my like casting tape.

17:53

So, um all right, so she basically covers trial, like Hollywood gossip, but in the craziest amount of detail you'll ever see.

18:03

So, look at her follower account.

18:04

She's got 850,000 followers.

18:06

That's just like an independent person.

18:09

And she's been posting every day about the trial.

18:11

Like, if you go click her story, there's like 50, like maybe more. gosh.

18:17

80 story frames, right, to like tap through.

18:19

And she edits it like crazy. It's like insane.

18:21

So, like, um today's not a good one because it's like the there wasn't like a trial thing, but like if you click like 10 in, it'll be like she'll cut like a little clip of Johnny walking in, and then there's music she overlays, and then there's like a little thing that she cuts in this news clip from Fox, and then she adds on top of that, then she transcribes a whole bunch of stuff and like puts the transcript there.

18:38

Then she does the background research.

18:40

And so, I know several people who are following the whole trial.

18:44

They don't watch a a single minute of the trial, they don't read the news, they just follow it through her story because it is because it is so crazy in-depth and somewhat addictive and entertaining.

18:55

And like, first when the first person told me, I was like, "Okay, that's weird. Whatever.

18:59

You you got into something weird."

18:59

Then I heard it again, and I was like, "You also follow that random person?"

19:03

And they're like, "Yeah, it's great."

19:04

And then I looked at then I looked them up, and she has 850,000 followers.

19:07

And I was like, "Holy [ __ ] this is crazy that this is like one of those niches that you wouldn't even really know exists, but of course it exists, and of course it's a big deal."

19:19

It basically takes the tabloid, but it repackages it from a tabloid into like any individual person's Instagram can become the juiciest tabloid in the world if you just put in the effort, and she puts in mad effort.

19:32

What she just covered, I was looking at her stories, that there was a guy a couple days ago, he looked like he was dressed like he was about to go to be a waiter at a restaurant, and he couldn't be at the trial, so he was on Zoom, and

19:43

he was in his car, and he was sitting there with the Zoom with his camera from him, and he starts vaping on on the call, and you see him like take a hit of vape and like exhale all this smoke while he's sitting in his car waiting for the judge to ask a question. And then uh it's clear that like he's

19:58

And then uh it's clear that like he's got to go, so he starts just driving out of the parking lot like while he's out there vaping while he's answering the calls, and he's like, "All right, you guys good? Do you have everything? All right, I got to go."

20:10

He's just he's like he's like vaping while driving away during this trial.

20:14

But uh all right, what about Justine? Okay, so Justine Musk.

20:18

Okay, so somebody asked, "Will I become a billionaire if I'm determined to be one and I put in the necessary work?"

20:25

Uh her first answer, "No."

20:28

"One of the qualities of a self-made billionaire is their ability to ask the right question.

20:31

That is not the right question.

20:33

It's not to say it's a bad question, it just won't get you to the part of your mind uh that's working to help you and mulling things over while you're doing up other things and sending up flares of insight.

20:44

You're determined, so what?

20:44

You haven't been You haven't been racing naked through shark-infested waters yet.

20:48

Will you do be determined when you wash up on some deserted island disoriented, bloody, ragged, beaten, staring off into the horizon with no sign of rescue?"

20:54

And she's like So she goes through and she's like, you know, uh the world doesn't like the final thing.

21:01

The world doesn't throw a billion dollars at the person because they want it or because they work so hard they feel they deserve it.

21:06

The world is not know does not care what you want or deserve.

21:08

The world gives you in exchange for something it perceives to be of equal or greater value.

21:13

And anyway, so she goes through and and basically like, you know, the long story short was no, a billionaire doesn't come on Quora and ask these types of questions.

21:20

Uh but it'll be like if you just go through and deep dive dive through the search her on on on Quora and it's a fun like 20-minute read cuz I think you get little snapshots into somebody who knows Elon Musk really well and has been around somebody of that like, you know, kind of like the greatest entrepreneur and inventor of our lifetime.

21:38

Um somebody who knows him from a different angle, but then also somebody who's just like smart and objective.

21:43

So they're not a fanboy nor are they a hater.

21:46

It's like someone who I actually kind of respect and you know, believe their opinion on these things.

21:52

Obviously, everybody's got their bias, but I feel like with Elon Musk normally it's 100% fanboy or 100% hater or just completely uninformed.

21:59

And like this is none of the above. This is something else.

22:02

This is informed and it's like any of the Elon ones? that she's written up?

22:08

Uh yeah, there's a bunch that are just on So I started with like Elon ones and then it'll be like you know, um you know, it'll be like, you know, should I how should I break up with my girlfriend?

22:16

It's like, let's see what she has to say about that.

22:18

Like you just read like, you know, her kind of take on philosophy.

22:22

I don't know, she's a fascinating character.

22:23

The other one is Grimes just did a podcast with Lex Friedman.

22:27

I don't know if you saw saw that. I heard about it.

22:33

So Elon's current I don't know what I don't know if they're married, girlfriend, something, baby mama.

22:36

I think they've had two babies together, but they're not married or something like that.

22:41

They're not together anymore.

22:43

Uh she did a podcast and you could definitely see like how these people would get along.

22:48

Like she even talks like Elon in this kind of like slow, measured weird like finality type of way of speaking.

23:00

Uh but she was talking about like, you know, um, like how to raise kids or like, you know, those like they're like, you know, what do you think about like you know, free speech on Twitter or something like that.

23:10

Like try to ask her and she's like, I I do not think I should have an opinion on this.

23:17

And he's like, Oh my god.

23:18

And then which is like such an Elon thing to say.

23:20

She's like, I feel, you know, I'm too close to the situation.

23:22

I actually I should not have an opinion on this.

23:27

I should I shouldn't have an opinion on this. God.

23:34

It would not be It would not not be productive to this future of humanity.

23:39

Did she come off that weird? Kind of, yeah.

23:41

It's like not like I thought I I don't know.

23:43

I knew nothing about her, so like, you know, my just uh, from afar is like, oh, I think he married like a musician or something like that.

23:50

Okay, she's probably like, you know, like some you know, just like beautiful, happy, bubbly pop star.

23:56

And it's like, no, it's not that at all.

23:58

Okay, she's kind of like alternative. All right, I get it.

24:01

But still, you know, like I don't know. Charismatic.

24:04

Charismatic and into like, uh, just like kind of like a extrovert people person.

24:09

And instead, it was like, you know, she was like, oh, uh, They're like, how's it been, you know, like tell me about like you just had a baby, you know, what's what's motherhood been like for you or whatever.

24:18

And she's like, It reminds me of my favorite graphic novel sci-fi graphic novel, um, uh, and then she names some Japanese like graphic novel that I you know, like no one's She's like, have you read it? He's like, uh, no.

24:30

And then she's like, It's called, um, I have no mouth but I must scream.

24:34

And that's what And that's what having this baby feels like cuz they're helpless, right?

24:40

They can't even control their muscles.

24:41

They move They can't say what they want.

24:43

They can't express what they need, but they need something and they're just trying to scream, but it's as if they have no mouth.

24:47

I was like, whoa, like pretty dark take on like motherhood, but like I don't know, also interesting and insightful at the same time.

24:53

Um, but yeah, that's been kind of my like that's that's my contribution to the I'm happy that that freaks exist cuz like yeah, I'm happy that there's people that are so different and um so interesting and will will live life in a way that's like interesting but like uncomfortable and I get to be comfortable and just watch them do interesting things.

25:16

Like you know that Dude, I love it.

25:17

that Teddy Roosevelt quote that everybody all every entrepreneur loves to put on [ __ ] Instagram.

25:23

the the man in the arena or something.

25:25

It is not the critic who counts.

25:25

It's the man in the arena who's bloody and beaten and whatever. You know what?

25:28

It's also tight to not be bloody and beaten.

25:31

It's tight to be a just a casual fan in the arena eating popcorn watching other people get beaten up and then going back to your daily life.

25:38

Like that's actually a pretty tight position that like most people should go into and not try to be like you know, the gladiator dying in the arena or the critic hater.

25:46

You don't need to be either one.

25:52

Our software is the worst.

25:54

Have you ever heard of HubSpot?

25:56

See, most CRMs are cobbled together mess, but HubSpot is easy to adopt and actually looks gorgeous.

26:01

I think I love our new CRM.

26:03

Our software is the best. HubSpot. Grow better.

26:08

Dude, do you realize that to some people I think you and I are that entertainment where like I I'll have some people like reach out to me and and I think it happens to you.

26:16

It's like oh, you should do blank.

26:18

It's like you really just want me to dance for you. Yeah. That's really Yeah. Just tell me to dance.

26:22

That that would be a lot easier.

26:24

That would only take a few minutes.

26:26

Do you want me to dedicate three years of my life to starting blank?

26:31

Yeah, you guys should talk about this.

26:33

Oh, you want me to go get a PhD in something I don't know about for your benefit? Okay, cool.

26:40

That's not how the podcast works.

26:40

Here's how the podcast works.

26:41

I'm weird and don't realize it. Then I go talk to Sam.

26:45

He's weird and doesn't realize it.

26:45

Then we kind of point out oh, that's weird about each other.

26:48

Then we go away and like you guys think we're both weird.

26:54

Yeah, I mean we are that to some people where they're just like want us to dance.

26:57

But dude, that's why I love the YouTubers.

26:59

Like there's this guy I've been following.

27:00

I think it's called like WhistlinDiesel.

27:02

There's all these YouTubers where they got they get What does that mean?

27:09

Whistlin I think it's WhistlinDiesel.

27:09

So he like has all this acreage out in Indiana, I think.

27:13

And he just uh like builds cool trucks and cars and just like wrecks them basically.

27:20

Uh like you know, he'll build like um Remember as a kid I think it was called a Power Wheel.

27:24

It's like the like the little toy trucks for kids where you like sit in it.

27:28

He'll build one of I'll take one of those.

27:29

It's not really one of those, but he like builds a version of that that has a massive gas engine in it and goes like 120 miles an hour.

27:35

Uh but it looks like a Power Wheel.

27:37

So just like doing things that like you think you would want to do in the country.

27:41

But what's you know, when you're out in the in the land and like just breaking [ __ ] and like blowing stuff up, doing all that.

27:49

But what's crazy is these guys do it and then they start making money from it and they're like, "All right, now we have more money to spend on the blow stuff up and to build stuff."

27:58

Like or there's all these guys on YouTube who will like get like a . 50 caliber rifle.

28:02

So like this gun that's like huge and scary.

28:04

And they're like, "You think it can shoot through that car?" Like let's just try it.

28:09

Let's see if it'll go straight through the car.

28:10

Or what would happen if we just shot this at like a huge block of metal? How deep will it go?

28:16

Like just all these like stupid stuff that you would just only do like either when you're high or you would just dream up, but you're afraid of losing all this money.

28:22

They do it and I get to live through them and I love it. Wow. That's cool.

28:27

There actually kind of related note. Uh so Mr.

28:29

Beast basically does this, but he's like Exactly. Exactly.

28:33

And you know, he's almost like 100 million subscribers on YouTube.

28:35

So Did you see this thing that was going on last night?

28:38

I I I doubt you did cuz it's like you know, you said you're Gen Y.

28:42

This is like Gen Z you know, [ __ ] But basically there was a celebrity poker game last night with Basically it was a poker game last night that had like I don't know how many like 50,000 or more people watching it live um streamed on on Twitch and YouTube and it had Mr.

28:57

Beast who's the number one YouTuber uh like or whatever one of the biggest YouTubers Ninja who was the biggest streamer for like a long period of time, XQC who's the biggest uh like uh one of the biggest Twitch streamers also.

29:09

So it's basically like four or five huge content creators then it was Phil Hellmuth who's this like famous like pro poker player that's on TV all the time, Tom Dwan who's like one of the greatest poker players ever.

29:21

So it's like a couple of pros and a and a couple of uh content creators and they came in and it was a $50,000 buy-in game but they could rebuy and so it was called the million-dollar game and basically this was being live streamed last night and none of them were like playing seriously cuz they were like a they're all rich and b they were trying to make for good content.

29:37

Um and so they were like they were playing this game and it was very entertaining game it was probably like the one of the most entertaining like uh I don't know like online or like uh TV poker games that I've seen like in a long time.

29:52

And uh I just thought it was a great idea.

29:54

that's a that's a pretty short list I would imagine though.

29:57

No, I've been watching for a long time.

29:58

So I I actually care about about online po- about poker and I've watched a bunch of like World Series of Pokers or or high stakes happened?

30:06

So basically uh shout out to to our girl Alexandra Botez. Do you know her? She's the chess girl.

30:13

Okay, I I did a pod Oh yeah, we've talked about her. I did a podcast yeah.

30:15

So she's uh a streamer content creator who's like her and her sister.

30:19

I don't think they're twins but I think they're they're sisters.

30:22

They um they're like chess like I don't know if they're grandmaster or they're master players or whatever but they're like they're like great at chess but also great at content so they have like a big following or whatever and so she just cleaned up in this game and she's not like a great poker player.

30:37

It just like they would have they were all kind of playing very loose and she won like a half a million dollar pot, like, you know, just kind of like with ace-nine.

30:44

It's like kind of like a lucky hand or whatever.

30:48

And the pros were sitting there like just kind of waiting for good car, like waiting for good to play good cards, they're just playing smart. Whereas Mr.

30:55

Beast was like just playing kind of like any hand he could get into.

31:00

And then he'd be like, he he's just he's like, "I just want one clip to go viral.

31:03

Like, that's what I'm here for is for one clip to go viral."

31:06

Cuz they're like like in poker you could do this thing where once both people go all in you could say, "All right, normally you would just there's only one card left and then like one of us will win, one of us will lose.

31:15

But you could do something called running it twice, which kind of like smoothens out the like um the variability.

31:20

Like, it's like running multiple times in a simulation, so you'll get like more possible outcomes.

31:26

So, you can run it once, run it twice, run it three times, run it four times.

31:29

And he's like, "No, we're going to run it once."

31:30

He's like, "We need this clip to go viral.

31:31

It needs to be the highest stakes with the biggest heartbreak and like the easiest to understand."

31:35

And you could see the poker pro pros were like, "Okay, like I guess so.

31:39

Like I guess that makes makes sense."

31:41

It's like to me it was so funny just to see uh these guys playing with totally different like agendas and styles.

31:48

And also they were miked up the whole time.

31:50

And there was no edits cuz it was live.

31:52

And so you could just hear them like bullshitting about whatever to each other.

31:55

And like you have people from different worlds kind of just like, "So, you So, this guy was like, "So, like, you know, uh how how much how often do you play?"

32:02

He's like, "Oh, I've been I I don't play.

32:04

Like, this is the first day off I've taken in 4 years."

32:08

And he's like, "What do you mean?

32:08

Like, uh how often do you stream?"

32:10

He goes, "I stream every day for 10 hours a day." He's like, "What?" And he's like, "Yeah."

32:15

And he's like, "Uh this is one of the few like one of the rare This guy, xQc."

32:18

And he And they're like, "How long have you been doing that for?" He's like, "7 years." I don't understand.

32:25

player looked at the streamer like, "You degenerate."

32:27

Which is hilarious cuz the poker player is normally like the biggest degenerate who sits at a table playing, you know, this like stupid card game for 5 hours straight losing money and getting mad.

32:37

Will someone Will someone really stream for 7 years every single day for 10 hours? Yeah, yeah, yeah. That happens.

32:44

Like not Usually it's not those exact numbers, but people have streamed every day for 10 years and they'll stream like 5-hour streams or something like that as like their their normal stream.

32:51

And some guys do 10-hour streams and then they'll usually take 1 day off a week.

32:54

Maybe I don't know his exact specifics, but like yeah, he he he's a like he's a nut.

33:02

And when he's streaming, what's he doing? Play video games. Any game?

33:07

So he yeah, he was like big in Overwatch, but then Overwatch stopped getting like popular and he got more popular cuz his personality is pretty big.

33:13

Like he He just kind of gets wild on the stream.

33:15

And so now he'll go He'll do whatever.

33:17

He'll play, you know, virtual farm simulator.

33:19

He'll play like, you know, a shooting game.

33:21

He'll play like whatever the game is.

33:22

He calls himself a variety streamer, which is basically like at that point they've stopped coming for the game and they're coming for you. And so And is he funny?

33:30

Like what what what what what what's what's great about him?

33:35

Uh he's funny and he like he like rage he like gets in rage pretty quickly, which is like a big thing on Twitch is like you got to like show emotion.

33:41

So like you see in basketball or like golf is the ultimate example of this.

33:46

Uh and this is where I think traditional sports can learn a lot from online content.

33:50

Cuz traditional sports, they teach you like if you ever watch a basketball press conference, they're the most boring in the world.

33:54

It's like yeah, we're just going to take it one game at a time, you know, they're a great team. I have respect to them.

34:00

Uh you know, we just got to keep putting one foot in front of the other.

34:01

It's like, oh great, you know, like super boring.

34:04

Whereas you you and I love UFC cuz that one guy would be like, he ain't [ __ ] I'm going to kick his team his ass and his whole team's ass, you know, like they just like they like talk [ __ ] to each other.

34:13

So that adds a level of like drama and excitement.

34:15

Streaming is like that, but like 24/7 where they're just constantly, you know, talking [ __ ] to them to their teammates about themselves, about you know, the game, about like the characters, about the strategy, about whatever.

34:28

So they show a ton of emotion.

34:30

So if he loses, he'll throw the mouse, he'll break the keyboard, he'll like, you know, like spit and scream and, you know, like he'll get angry.

34:38

How does he have enough energy to do that every single day? Just what he does, man.

34:41

It's like That's just And you just sit and he's sitting in a chair for He's sitting at a chair for 10 hours a day.

34:48

Yeah, yeah, he's sitting in a chair. different.

34:50

You may not like this, but it is peak physical performance. Exactly.

34:54

Somebody said this thing uh There was this hilarious line during the thing.

34:59

So she won the the Alexander won the $500,000 pot and then she like won another pot.

35:04

She was like up 600 grand.

35:06

She came in with 50k and she had like a $650,000 chip stack and like she had so many chips she couldn't even stack them in time.

35:12

Like the next hand needed to be dealt, but her giant her giant chip stack was just blocking the half the table and she's like, "Um I need help stacking the chips."

35:19

And they were like, "Fuck you, we're not going to help you stack your chips you just took from us."

35:22

And like the pit boss comes over and she's like they're helping. And then Mr.

35:25

Beast goes, "She's single-handedly going to close THE WAGE GAP."

35:35

I THOUGHT IT WAS SO FUNNY. THEY'RE JUST TROLLS.

35:37

YEAH, they're just trolls and uh it's just amazing. It was amazing.

35:40

And I just thought that was a a great idea, by the way.

35:43

I like a like a high-stakes poker game amongst personalities in any niche.

35:47

I actually think that's a good marketing idea.

35:51

This one streamer who we're talking about, what's his name? Uh xQc in this case.

35:56

How much money does he make?

35:58

He probably makes between I want to say 3 to 10 million dollars a year. No way. Really? Yeah.

36:05

Probably 5 to 10 is is a easy estimate.

36:08

Um 10 ma- 10 is not even the upper bound.

36:11

Like they These guys can make much more than that, maybe up to 20 25 million if they are maxing out their stuff, but they don't always want to do that.

36:19

Like uh I talk cuz I used to negotiate with these guys.

36:23

So so, you know, um even before Twitch, like when I was just trying to get them to promote our products.

36:29

And it's like, all right, I'm going to talk to I want to talk to this streamer.

36:31

It's like, no, you don't get to talk to the streamer. You talk to the manager. Okay, fair, that's fine. They're stars, I get it.

36:34

All right, who's the manager?

36:36

Is it like, you know, CAA or like WME?

36:39

And like for 95% of them, it's like No, it's like his little brother Ray Ray.

36:43

Yeah, it was his girlfriend or like, you know, exactly, it's Ray Ray or like, "Hey Jenny, you know, so how long you guys been working together?"

36:52

It's like, well, we moved in together at like when we were 16, and then like he didn't do anything for 5 years, just played video games all the time, and like now he's rich, and so I quit my job to like check his email.

37:03

Cuz they'll be they'll be like, yeah, we do like brand deals.

37:06

I'm like, cool, so like, do you have like a deck you guys can share about like, you know, his stats?

37:09

They're like, no, you could just like go on and see how many people watch him. It's like a lot.

37:14

And then it's like it's like, so what like you have this deal with like Red Bull or like Logitech?

37:18

Like surely you have like a brand deck and like like, you know, when you pitch them, they're like, we don't pitch anybody.

37:24

Like like basically, and you know, as I got to know people, it's like they just get inbound into their email, and then they just decide they ignore 95% of it, even though it's people literally throwing them like like people can get paid uh like the small even like like less high profile like Ninja's a different tier, right?

37:41

Ninja does have a proper manager, and like actually his girlfriend I think is his manager now, his wife.

37:44

Uh but like he had a proper agency behind him, and they pitched Red Bull and all this stuff.

37:49

But like most streamers is somebody will approach him and be like, hey, I'll pay you $2,000 an hour to play my game today.

37:55

And they're like, nah, that game looks boring, I'm not going to do it. Right?

37:58

Because like they don't want to lose their audience or like piss off their audience too much or be seen as selling out.

38:03

And so they turn down so many opportunities that they could have because they don't want to be seen as a sellout.

38:08

Nor do they want to like bother with anything.

38:10

It's like, dude, by the time I'm done streaming for 10 hours, like imagine doing this podcast 10 hours a day or 8 hours a day.

38:15

You have zero energy left to like do anything else, and so you just like you don't want to even think about it.

38:24

So, and do a lot of them have any expenses?

38:26

So, are they just paying taxes and rent and they're just stacking cash? Yeah. That's exactly it.

38:34

I did So, some of these streamers, I mean, they could be worth 30 or 40 million dollars liquid. Yeah. That's crazy, isn't it?

38:40

Yeah, like Ninja got paid, you know, I can't say the number, but stupid money to go stream on Mixer, like a competitor to Twitch at the time. it got leaked.

38:48

I think the number got leaked because something happened I think Twitch got hacked and like all the spreadsheet got out.

38:55

Remember you know what I'm talking about?

38:58

Well, that's the that's pretty visible anyways.

39:00

That's that's just what they earn directly.

39:01

So, basically like the fans subscribe $5 a month or $6 a month or whatever to the channel in order to like kind of just like show their support and get like special emojis that they get to use.

39:14

And uh sometimes the streamer can turn it on where subscriber only chat.

39:16

But um but for the most part like they get donations.

39:20

That that most people can't see how much donations they get.

39:25

Uh then they get subscribers directly.

39:27

That's a monthly recurring subscription.

39:29

Then there's brand deals and sponsors.

39:31

That didn't show up in the Twitch thing cuz that goes direct and it's like they just pay the streamer directly. It's not part of Twitch.

39:35

And so, there's like other uh and then you know, games come to them and pay them, "Hey, we're doing a brand launch.

39:41

We want all 10 of the big streamers all playing Valorant today."

39:44

And they'll drop, you know, $5 on that campaign cuz they know that if they do that, they become the it game and millions of people will get to see their favorite streamer playing the game and saying how awesome it is or whatever showing it off.

39:58

And so, it's worth it to them cuz they're going to make a way more than that. Have you seen intro. com? Have you been intro. com?

40:06

Yeah, I looked at investing in it but I decided not to.

40:10

So, I talked to the guy who started it.

40:11

Like I went to I went to like a car racing class and he like a friend of a friend brought him and I got to hang out with him.

40:17

He's a cool guy and he was like, "Hey, just sign up for intro. com."

40:20

And basically what it you do is you just like put that you're available a certain hours amount of a certain hours a week and someone will pay you like $2,000 an hour in 15 minute increments to talk to you.

40:33

And I was like, "I don't know, man.

40:34

I feel kind of sleazy doing that."

40:36

And he was like, "Well, just try it."

40:38

And I was like, "Okay, well, you know, you seem nice, whatever.

40:40

I'll kind of do it just to like geek out and try this new product."

40:44

And I signed up for it and I've been getting bookings like crazy.

40:45

And between I'm I'm I'm at the phase now a little bit where you know, it's coming up on this July will be a year and a half since the acquisition. Uh it's like, all right. Yeah. Hey, Siri. That's [ __ ] up.

41:07

How many years you've been married? I've no idea.

41:09

How many years you've been at HubSpot?

41:10

Year and a half, 16 MONTHS. 16 POINT MONTHS.

41:15

IT'S LIKE, WELL, which which time zone are we are we thinking here? Cuz I can tell you.

41:20

Uh So, it's coming up to that time and I'm like, "All right, do I like start a new company? What am I going to do? What should I be doing?"

41:28

And I signed up to intro and we're doing this and I got that little copy that thing and I got like this Airbnb and I'm like, "Well, besides like the fact that like I I could live off interest like off my nut, I'm like, that's kind of cool.

41:42

Like there's all this income coming in."

41:47

There's so much and I'm not trying to like I'm trying to do this like brag [ __ ] but I'm saying like for a creator that has a mildly big audience, there are so many ways to make money. It's pretty astounding.

41:58

And we're not even that I mean, we're just like semi-popular in a relatively small niche.

42:04

So, like let alone if you're like these Twitch guys and you're you're you're actually really popular.

42:09

But it's it's pretty astounding how many like revenue streams are available to us just because of all these this like weird all these creator type tool things. Totally.

42:19

Like I saw some guy tweeted today.

42:22

He goes, "Bro, at Elon Musk, give me my blue check back."

42:24

And he had like 80,000 likes.

42:25

I was like, "Who is this guy?"

42:26

He's like a he's a a soccer player at like Man City or something like that.

42:30

And I was like and he's got like millions of followers. I was like, "Wow."

42:34

You know, like it's like there's so many levels of fame.

42:36

Like that guy's not famous at all compared to like, you know, Justin Bieber or whatever.

42:39

Justin Bieber's not famous compared to whoever.

42:40

But like you know, down if you go 20 rungs down the ladder, it's like we're like moderately known in a tiny niche.

42:49

And then I sent you that link of that those guys who discuss like I don't know they're like bodybuilders or something like that.

42:57

Are they they're like discussing like working out or something like that?

42:59

They had like a sick podcasting setup.

43:02

Oh, yeah, I was on their podcast. They're awesome. What? Yeah, yeah, yeah.

43:06

I was on their podcast a couple years ago. The MindPump. Wow.

43:11

Is it MindPump or just MindPump?

43:13

Dude, that's the ultimate resume for your for your fitness influencer career.

43:17

I did it Look at their YouTube.

43:18

Yeah, they were like I think that video had like I don't know I want to say 80,000 views or 150,000 views, something like that.

43:24

Well, it's just not like you hear of bigger numbers, but that's big.

43:25

That's like we get less than that at our YouTube.

43:31

And I feel like we're big.

43:31

Now, they're big and they're in just like another niche, but their niche lets them do a lot more because it's more broad appeal.

43:37

Like there's a bunch of dudes out there who want to be like more muscular like people want to lose weight.

43:40

And so you know, they can flip on one, you know, white-labeled supplement or course or whatever the heck they want.

43:47

And you know, that that type of following can print uh I don't know, again, 5 to 10 million dollars a year profitably, you know, without like the stress of being an entrepreneur trying to invent a new product and go to a new niche.

44:02

And then it it also has a bunch of downsides, right?

44:05

Like the guy's streaming 10 hours a day for 7 years straight.

44:07

Like the biggest problem with content is you're usually on a treadmill.

44:10

And like you never you feel like you can't get off.

44:13

Like Twitch streamers have this all the time where they feel burnt out because they're just like they feel like if they stop they'll lose everything. And it's true.

44:18

If they stop they actually do lose quite a bit of like uh you know, like sway with not only, you know, their subscribers but the algorithm and things like that.

44:24

So, you know, I think that's the downside of these models.

44:29

You have to build a business that's beyond that.

44:30

So, those guys the what's it called the I I listen to it all the time. I'm totally blanking. MindPump?

44:34

Is that what it's with Sal and Adam?

44:39

Uh it's like the they're based out of uh Sacramento.

44:40

So, they um they just bought a bunch of Airbnb or they bought a bunch of properties and they're turning them into fitness Airbnbs.

44:46

And so, that's like a good example that will it will it'll extend beyond them. But uh Yeah.

44:53

Yeah, I mean like what do you do?

44:53

Like have there been any examples?

44:54

I think you know who Jenna Marbles is? Yeah.

44:59

So, she's like she was got popular in my mind when she was on Barstool and then she bailed and went to YouTube and became like one of the biggest YouTubers of all time.

45:07

I'm pretty sure that she like got her cash and got her money and I don't even think she posts anymore even though she has many many tens of millions of subscribers.

45:15

How many I I internet slow so I can't even pull it up.

45:18

How many subscribers does she have?

45:20

she's got a ton on YouTube.

45:20

I I I think she's got like or 60 million.

45:24

She was one of the first people to get popular.

45:25

I feel like she got popular like I want to even say before YouTube.

45:28

She got 19 million subscribers.

45:29

She's been on for 10 years.

45:32

Uh When was her last video? I have no idea.

45:37

Is she still posting regularly?

45:39

No, I don't think she posts post post regularly.

45:40

But she has a a brand of dog toys called Kermit and Worm and Mr. Marbles.

45:46

Um So, she was one of she she's had 20 if she you said she has 20 million or 18 million.

45:51

She's had that forever and I'm pretty sure she's just like made her money and bailed. And just left.

45:58

Yeah, like her last video was 1 year ago.

46:01

There was Casey Neistat did that too, right?

46:02

He was vlogging every day and then he got paid and he just says, "I'm out." Yeah. It's the way to go.

46:09

So, I think if you're on the on that intense of a treadmill, it's it's pretty tough if you can't like, you know, get your way out of it.

46:15

By the way, there was a guy who tweeted at us.

46:16

He's like I think he listens to podcast.

46:19

Um I'm going to find his like exact details later cuz it's hard to cuz Twitter DM searches like impossible.

46:28

But basically there's a guy who's just buying up uh YouTube channels that are non-faced non-faced YouTube channels.

46:34

So, just they're branded as something else.

46:36

Um so, there's no Jenna Marbles.

46:38

There's no personality to it.

46:40

And uh he buys these up for you know, he basic you know, he's just looking at their YouTube like uh he's looking at their YouTube like, you know, revenues or whatever and he's like, "Cool.

46:53

I'll make you this offer so I can uh I can buy this thing out for this much or whatever."

46:58

And uh and it's like interesting.

46:58

I I hadn't really heard of somebody rolling up YouTube channels like that, but I think that's a pretty cool niche.

47:05

I think that would be a good idea.

47:05

I think if you did it with a face, it'd be a horrible idea cuz I imagine that if you could make a list of people who you'd like to have work for you, a YouTuber would be incredibly low on that list. Well, yeah.

47:20

I mean It's hard to buy them out, right?

47:23

Because they you know, that they no longer have the motivation to create content and then you're stuck.

47:29

Cuz you can't just be like "Hey, it's me now." "I'm here." Yeah. "It's me at the top. I'm here."

47:42

All right, what else we want to do?

47:45

Uh Let's do uh one of the random ones.

47:48

Dude, so have you ever filed for a trademark uh yourself?

47:53

It's kind of a pain in the butt, isn't it?

47:55

I think I had a lawyer do it.

47:55

Yeah, but I like went through I tried originally like bootstrapping it and just like doing it on my own.

48:01

I didn't know how to do it.

48:03

So, I get this I get this letter.

48:03

So, this letter comes in the mail 6 months after we filed.

48:09

It's from this company called I don't know if you can see this WTP.

48:13

I'm like, oh, and maybe it's about our It's about our Yeah, sounds legit.

48:16

Try and it says at the top trademark publications.

48:19

It has got our company name, our address, and it says reference number blah blah blah, application date blah blah blah, classes blah blah blah, and then it has a giant thing of our trademark and it says, here's your fee for $1,420.

48:33

Please pay the amount on acceptance within 10 days by check.

48:35

Don't forget to quote your reference number.

48:38

Make it payable to That is a scam. WTP.

48:41

I'm like, oh, cool, but I thought I pretty sure I already paid for the trademark. So, who who is this? What's this for?

48:47

And then, here's what it says in the Like look at this fine print here at the bottom.

48:53

Yeah, in the bottom box here.

48:53

So, like you see this like size three print?

48:58

Uh so, here's what this says. Dear madam or sir.

49:00

Oh, now you're sounding like my uncle in India writing an email to me.

49:05

Dude, anytime I get a dear sir, I know it's I know it's not good. A dear sir and I buying. Dear sucker.

49:18

Um all right, so it says, the publication of your public registration is Uh the pu- the publication of your public registration of your trademark is the basis of our offer. What does that mean?

49:29

All they're going to do is just publicize that we have made a trademark.

49:32

That's what they're charging me for $1,400.

49:33

Do they work for the trademark office?

49:35

No, it says So, here here's what it says.

49:37

Um Uh this is an offer for free entry into our database www. wpt-register. com. This is not an invoice.

49:47

You are not required to pay the above amount unless you accept this offer.

49:51

All of the details are in our general terms and conditions, right? It's like what a scam.

49:54

And you know, they all they do is they just monitor every trademark filing, which is like got to be, you know, I don't know whatever, tens of thousands a year.

50:01

And then they just send this letter out and they're just fishing for a sucker.

50:05

They're fishing for one sir. the car the one sir.

50:10

Yeah, sir is short for sucker.

50:16

They're just looking for Have you seen the car warranty or home warranty [ __ ] No, is it the same? It's the same thing.

50:24

Have you ever met anyone who runs one of these scams?

50:27

No, if I did I'd give them a strong talking to.

50:32

It would be really fun to like just like Have you seen on on The Office they go Michael Scott has to ask a question but he can't sound mean and instead of saying how do you sleep at night?

50:40

He just says how do you sleep at night?

50:43

That's just like that and that's like what I Like it's like when like the bosses are around but Toby's leaving and then he's got to change his question to like where do you get off?

51:03

Who do you think you are?

51:08

That's like the type of questions I want to ask these people.

51:09

What do you like what do you how do you go to bed at night knowing that you're just uh That's the question to you WTP.

51:17

How do you sleep at night? Yeah.

51:20

That's what we want to know here at my first you sleep at night? That's amazing.

51:31

All right, we can wrap it up there.

51:31

I had a bunch of ideas, we didn't talk about any of them but that's okay. We'll do it next pod. Hey.