welcome to technology Brothers the most profitable podcast in the world hi there this is Ben vice president at technology Brothers with a quick announcement well filming today we unfortunately had a small technical error that led to the first 19 minutes of this episode having poor audio quality I speak on behalf of the organization John Jordy and myself
when I say that this will not happen again we have already found the intern that was responsible and they will be terminated thank you for your understanding and back to the show uh I'm here with Jordy Hayes and today we are talking about my ramp card I got a new ramp card and my last one was plastic but they sent me the metal one you know why they sent it why
microplastic avoidance right one of the biggest issues a lot of these fxs is they're sending millions and millions and millions of plastic cards out of The Ether right and every day technology workers are having to yep use them often times multiple times certainly multiple times a week sometimes multiple times a day and the amount of microplastic
exposure from the average um you know uh plastic credit card is really we think it could be contributing to the testosterone epidemic I think so too yeah everyone always thought that oh you get a black card from Ax it's metal it's titanium it's so cool like it's a flex it's never about flexing of status it wasn't about flexing it was about avoiding posting exactly comes down to
health health is the ultimate status symbol it is yeah um so if your body is highly estrog gentic and from all the you know plastic cars that handling um you know that's easy thing to cut out and uh thank you to Ram I mean I was thinking that most of my credit cards have actually moved over to metal now um and but my ID hasn't and why is the government poisoning me that's a big
issue but you know back on the topic of ramp and the government we need to take a little Victory lap because uh what was it last week you made you know kind of you know threw something out there maybe it was a little bit of a joke maybe it was half serious but we got some real traction on your idea so break break down the original thought of ramp for
the government and then tell me kind of what the the downstream effects have been yeah look uh the government spends more money uh the US federal government spends more money than anybody in the world right that's true yeah and uh they have more Revenue than I think uh any other organization in the world yeah uh I'm sure some somebody will point out
that that I'm incorrect on that but um no trillions but look uh anytime you have a lot of spend you're GNA have a lot of waste in spend uh you know right now it seems very obvious that the US government doesn't have a good handle on their um on their spending just in general and there's a lot of ways to fix that you can get new leadership in that wants to sort of like drill down budget
by budget and kind of sort to understand how money is being spent but um another way to kind of attack that problem this through software so Tech enabled Financial Services uh we went through an era where AMX and a lot lot of the big corporate card players just wanted you to spend as much money as humanly possible because the more money you spend the more money they make uh ramp
you know came out I think only around four or five years ago at this point I decided hey we're going to flip this on its head how do we help companies save money if our companies can save money they'll become better businesses and through that they'll become better customers so aligning uh the that sort of incentive structure with company has proved to be very fruitful um and I
think I think there's a strong case to be made that the federal government needs to get on ramp not just at the federal level needs to be mandated state level county level City level uh you know all the way down to your kids club soccer team should be on ramp but we can start and really set an example at the federal government level uh and you know
the campaign has kind of exposed uh some of the issues with how politicians like the spent money right it became apparent uh over the weekend that the comma campaign had been using Ram but uh and you would expect them to win if they were R yeah you would expect them to win but here's the issue so they blew through about a billion dollars in a few months uh almost unprecedented I
think like half a million of that went to payroll yeah um but the big issue they were on ramp but they were also using a variety of other sort of payment and so because that spend wasn't Consolidated uh how could they really get a grasp on their spending right they're not able to fully unlock uh the potential of ramps uh you know ramp's platform if they're just letting there
yeah I mean what's crazy is like when when you sign up for ramp like you get this SDR something to help onboard you and they one of the things that they're working towards when they're telling you about the features is like getting you to migrate 100% of your spend and if you think about it like that ramp SDR like Could Have Changed History if he totally
a lot of people like to credit David Sachs and Allin with uh you know Trump SP but I think there's a good argument to say that yeah well I was thinking about how like this year the whole narrative is like oh it's the podcast election and I think in 2028 like we could seriously see like it's the corber card election where one one campaign comes out and says hey we're running on
ramp and then the other you know when K was on stage oh I have a gun right and so you could hear oh the other candidate they're on ramp too so then we get into the weeds and we start talking about well who's using travel who's using billp and and then oh someone was lying about it and that's a national toly leveraging the AI functionality exactly
exactly like oh what's your clothes how how which campaign is closing faster yeah then this is what the voters care about yeah like the podcast for efficiency exactly efficiency and so yeah I I I think everyone should pay attention the podcast Story the whole podcast selection you can kind of ignore that from now that's done the next thing we're going into the corporate C
election um anyway let's move into our to top story of the week the information featured my talk incredible publication didn't yeah incredible cop I love that yeah no one no one loves the information more than people L really realize that we're witnessing the birth of the TMZ for technology right and that's like a special moment in time yeah there
there's a broader narrative about like New Media but people haven't really done the job of understanding mapping the New Media to what they were replacing yeah and in this case like uh I mean yeah it's it's it's clearly got Next Generation TMZ which is fantastic is it you know it was Ming you can't look away from yeah um so in the uh they did some
election recapping and recapped a whole bunch of events uh related to politics which we don't really talk about here but uh because they they didn't mention me by name but they mentioned the name of my talk so uh uh I'll read they wanted Mar because there's you've kind of grown a reputation of being a male podcast expert yes just because you're one of the hosts of Technology Brothers
but you kind of have a firm grip on the yry yes well actually the first time the first time the inter information interviewed me was uh do You Know Abe Brown he writes the the weekend thing yeah I put out a tweet which would have made it into the stock if it was posted today because a banger it was uh you know we you know we don't need any more Midas lists we need an Icarus list for
VCS that flew too close to the Sun some of my best work and and it really resonated like Alex Conrad who makes the mest list was like this is actually a good idea and then and then we we started like talking about it and so I talked to Abe a bunch and I was like dude like if if if someone I mean a if if a if a uh if like forb said like Hey we're doing the
Icarus list this year of like the worst VCS like you would have an army of like 500 Stanford new grad analysts working day and night just to keep the off of that list like people people try to get on the Midas list some people don't really care about it but most people fight to get on the crisis industry it would be the biggest event it would be the largest wealth transfer in history
from from from from GPS to to crisis PR firms yeah um I don't think that's P past their expense for yeah but uh um but yeah love the information no one loves the information more than I do um but uh they were recapping some of the some of the political news and they said last week the most far out faction of Tex burgeoning right-wing gathered in Miami
Beach for hereticon Founders fund's celebration of radical free thinking between talks like the tread wife returns and the economics of Doom that one was mine uh teal roam the crowds accepting preemptive congratulations for the coming election according to several people who attended and I don't know about that last part like I feel like people were not let's see the sources
yeah I don't know it really wasn't about politics yeah it wasn't and also there were like tons of like tons of left wiers there that's like the whole point um and there were a lot of fights about that and that's the part of like The Debate Club and like all that yeah the the most heretical people at hereticon are all the less uh left leaning attendees who were trying to jam their
politics down the rest of the throats and it was very triggering not because of their viewpoint but because it was not meant to be a place to sort of discuss politics about policy right about the economy right uh it was about how do we kind of uh increase Global Prosperity non-traditional I do uh I I do love that like my talk the economics of Doom which
was great I interviewed Tyler Cowan I love him it was a lot of fun but we are two of the more Normy people there I think in the sense that like we're talking about economics he wasn't particularly Doom pilled he's a professor you're a male podcast expert I'm a businessman first and foremost so you know uh I'm not one of these like crazy biohackers who's growing you
know exactly I'm not doing any of the crazy stuff that that I did see there um but I love that that I made it and I don't have no idea why they chose this one I think it's mostly because when uh pirate the pirate wires team did the write up they talked about like six different like our talk was to the one we did on PEDs in the valley was to heretical just couldn't really be
published anywhere yeah I I got to figure out how to get them to issue a correction say it was the economics of Doom hosted by John cougan the host of Technology brothers and then link to us yeah did I tell you I did that I I I changed the SEO once somebody wrote an article about me uh being like a toxic uh male podcast something that it was like some sort of
hit piece and they and when they link to me they link to jan.com just to be like this is his like about page right yeah and I wanted the SEO to go to Lucy so he can sell more product so I rerouted the link no way that's great and so now we have an extra back you think the journalist would be on onto that like don't route to a domain that they that they control
exactly so little tip out there for the for the listeners I don't think we have a lot of journalists that listen to but get uh I I mean I do have I do have a thesis that uh the a lie can get halfway across the world before the truth can put its shoes on have you heard this phrase or if it bleeds it leads yeah um and I think that if you're a startup and you want
attention you want press you should be cting HIIT piezas yeah and I think that there's actually an opportunity like nobody s that better than Dy that's true yeah uh I mean he's used it to his Advantage yeah no it it it tells like this heroic Journey um Lulu is obviously the the the the master of getting good press but maybe we need a Lulu for getting
negative press yeah yeah just go and make me like hated by 90% of America and I will monetize the 10% that loves me for countercultural reasons I think that's interesting so to that effect I had a great call yesterday with none other than Taylor Len now what yeah and she's writing a piece for the information she's writing news she's writing for the information she's
writing for the information now we we're we're so back we're at a we're a of time where there's there's this massive power struggle between uh the information newcomer Bloomberg Forbes for top technology Talent so it's an amazing uh cosign for the information that they're able to pick up lent at this moment in time she's also bit on TMZ a bunch yeah so think about that
cross yeah yeah yeah it's amazing that's I mean if you needed more proof that the information is TMZ attack technology that's it that's it yeah so I I don't think she's she's not working there full time but she's writing a piece about um the the the Bro podcast sphere the male podcast sphere which is why she called me uh to testify as a male podcast
expert yeah and I wasn't sure if she was calling me because I made mail who is a podcast expert or if I'm a male podcast expert but either way I was totally prepared to comment on the record uh and we had a wonderful conversation and she's really great to talk to she is she's got great you know yeah she's got ideas she's and yeah I mean like like the the the the the critique of the of
the tech Elite that I completely agree with from the Caris wishers and the Taylor runs is that too many Tech B are humorless and they can't take a joke and they get their feathers too ruffled when people come for them yeah and and you got to know that we are in the WWE era of tech and and there's going to be some faces and there's going to be some heels
but you can't shut the game down you can't have a villainess conflict Society full circle moment for me because the first time I ever spoke to the New York Times was through Taylor Len to give my point of you on the call her daddy podcast right that's right wait so we both talked to her about podcasts yeah yeah amazing so we are top Source well well I'm the male
podcast expert I guess you happen to be a female podcast expert expert yeah yeah it's good no I thought you wrote a great great P this is back in 2020 it was like I remember exactly where I was walking to aroan from my apartment in Venice uh and everything the whole world was shut down it was just me and Taylor talking about podcasts which was uh really an awesome moment
yeah uh a a little check ob's gun a little for foretelling of the future totally um fantastic but uh she wanted to talk about the the Bro podcast boom and there really is a boom there is and and and so there were some there were some there were some like things that I disagreed with one is that just like you know if if the if the Democrats had run like a stronger candidate and that
stronger candidate had done I I tend to think that the like right now there's this Narrative of like there's this very Consolidated cohesive massive right-wing list of podcasts that lean right so it's like uh you start with Rogan then you go to Lex I would say the big ones to be clear are very much center right oh for sure barely barely right barely
right and there's tons of clips of yeah lifetime Democrat talking about oh he loves Bernie all these other things it's just like in this election they had they like the the the the goalposts moved to the point where like a lot of the big podcasts leaned right um and so you have Rogan Lex Chris Williamson Jesse Michaels with the alien stuff you have
huberman some of those hosted Trump you have Tim Dylan Theo vongh The Comedians uh kill Tony uh busing with the boys Aiden Ross there's like this huge community and what's interesting is that like if you actually sat all those people down they probably have a pretty wide spectrum of politics but they all kind of just align with like General conservatism this time around and Trump
was like the candidate of that whereas on the left I think you actually have just as much reach but it's more fragmented so you have uh pod save America Comm didn't do that uh you have smartless with Jason baitman and that's a that's a pretty like Center Left podcast I would call it didn't do it it's more of a comedy show but that's fine like it doesn't need to be a
politics show you have the daily you have the Ezra Klein show I I was just looking at the top podcast and and it's not like yeah Tucker's up there Rogan's up there but so is the New York Times and and as a Klein well you have a you have a thesis that's clearly turning into a law one of Cogan's many laws sure which is that the candidate that just simply records more
podcast hours right yeah I I I ran the numbers and and it's like 35 million views just on the Rogan episode average view duration on that 3-hour episode was about 45 minutes I talked to some people that you know podcast durations um and so you multiply that out and it's just billions of minutes or something like that or like uh it's something like hundreds of millions of minutes and the
value of that is is easily $600 million that was the it made up for the funding Gap and so it's it's like if you're if you're a politician you can either spend $100,000 on an ad that reaches a million people or you can go do a podcast that reaches a million people and instead of getting a 30 second ad you're getting 45 45 minutes it's a 45 minute ad and
people just are yeah this is why from for all the businessmen out there if you get an opportunity to go on a podcast even if it legitimately only has 100 engage listeners it's worth doing because that's an hour of time that you get to spend talking to people that are going to totally digest like what you're doing why it's important why they should
you know be into your product or service whatever it is and I give the example when I'm talking to Founders that ask me hey should I go on the show it it's not big but what do you think I said 20 years ago when a businessman had an opportunity to fly to St Louis to get in front of 50 potential customers in a room they would spend their entire day to go and do that y it's worth you
getting on a podcast for an hour from zoom and just having a conversation we have only 100 people listening to it did you did you see that email we got our first request to go on as we we got our first request yeah we got our first request to go on a podcast as the technology Brothers I think we should do it the guy has like six episodes It's likeand so do we so on the come up
together let's give it a try um so yeah so so like we kind of debated on that um I think on the on the center left you have those like you have those Center left shows but then you also have the farle shows like Choo uh the Adam fredland show Red Scare formerly destiny and it's like you could see a Democrat candidate Like Bernie would go on this
stuff he he can get in the ring with like the Choo guys and hold his own but he can also hold his own with Ezra Klein um and so so I I mean long story short I think the future of the democratic party is is more candidates Like Bernie more candidates like AOC more candidates like P budajudge um less candidates that are just straight up media trained to stay
on topic blah blah blah blah blah but authenticity but the interesting thing was that Taylor was really asking this one question again and again which is like why do podcasts lean rightwing and I was kind of rejecting the premise for a while but then I was like okay let's let's like Steelman this a little bit and let me work through like what could have Poss I think so first thing I I you
know I tried to explain to her you know there's this concept called mansplaining and I told her that that's when a man describes something to a woman uh usually condescendingly and uh she was very happy to hear that but then I moved on to kind of a more more rigorous analysis which is that um there was a there was a uh uh so so so on YouTube like YouTube kind of leans left
because YouTube's algorithmically driven less than RSS and so so on YouTube the uh like there was a lot of right-wing deplatforming that happened or deprioritization in like the 2016 to 2020 era and then in 20 there was a lot of there were a lot of right-wing people or just center right that got their stuff deprioritized because they were talking about covid
and they'd get the covid flag and then they'd get deprioritized into the algorithm Shadow band and then there were a couple high-profile right-wingers who were straight up deplatform from YouTube right and so on YouTube you have this like you have this subtle pressure from YouTube they were never like straight up like Banning everything but there was obviously like a big move to
rumble move to other platforms a lot of like maybe I'm not safe here if I talk about certain things I won't get as much reach but on RSS in the Apple podcast app it's way way harder like the bar is much higher even if apple and you got to do something really extremist exactly even if Apple and Google have the same politics and they both think that uh oh
like Jordan Peterson shouldn't be on here or whatever um in on Google they can just on YouTube Google can just say hey he said this thing let's just not promote him in the algorithm whereas for Apple it's like Alex Jones we have to actively take him out of the store this is a much firmer line it's not this like you know steering thing and so I think
that I think that a lot of the uh the conservatives kind of kept growing very fast on RSS whereas they were they weren't able to grow as fast on YouTube and so that's kind of the balancing thing and I think podcasts in general are much more impactful on opinion we've talked about this often times uh real sort of yep content and ideas kind of start in these sort of maybe they go
from a tweet to a long form podcast and then they get cut down again into like a 20-minute YouTube video to a 60-second Tik Tok uh you know video so I think one of the things Taylor is obviously one of the top technology journalist in the world otherwise she wouldn't be writing for the information yep and one of the things about this election cycle and and
maybe the premise of her uh article might be a little bit off is that uh it became obvious this election cycle that the uh Republican party was more oriented around technology right and and big part of that is because some of the biggest donors to the Republican Party are technologist Peter teal Elon Musk and so I think that a lot of tech ended
up aligning uh with that side because it was the party that was Pro technology right it was how do we get Elon uh permits faster so that he can launch more Rockets how do we maintain our Edge uh around um you know defense uh in the United States right how do we you know support our our sort of emerging defense industrial base so the alignment and the
sort of maybe shift right in the male podcast sphere I think wasn't even political as much as it was a business orientation right because it was almost a survival mechanism sure sure sure yeah she was also drilling down on like why is Joe Rogan popular or why are these like manosphere podcast as popular and I again I didn't have that's like asking like why is you know uh Foo in the group
chat popular like we like him you know he's funny and he's got good takes right yeah I guess she was talking in like kind of a relative sense of like why why are the manosphere podcasts more popular than like female Le podcasts but I I kind of rejected that premise because I think that there are plenty of of female Le female hosted podcast that are successful and I was actually telling
her like we could be having the exact opposite scenario the exact opposite conversation if the Democrats had put up someone and I was thinking like okay so the like KLA was uh like a prosecutor she could have gone on like my first uh my favorite murder you know that show that's I think that's woman woman hosted very interesting and she could have told
some story about like the criminal gangs that she prosecuted like and it would be like the story of some criminal and she was actually involved and she's like co-hosting there that would have been super cool and super different and super weird and like gotten some super fans yeah and and that's where I that's where I want that to go but I think it was
just like that campaign was just way too media trained and it was like stay on message stay on message stay on message when you get off message you're word salad but like I just reject the premise that like she's word salad when she's like just having dinner with someone she's clearly like a you don't wind up in that situation just being dumb like
stupid one thing I thought was interesting is Sarah told me that uh she heard hundreds of comma ads on podcast right and that they were spending aggressively on podcast advertising I genuinely did not hear a single comma podcast ad um because I only listen to One podcast uh which technology brothers and Founders so two podcasts um but I don't even listen to
our podcast we just record it live we we we let uh our VP Ben uh rip it so Founders and we don't do political ads we do yeah yeah much more important ads yeah we would do an ad if if a candidate want wanted to come on and talk to us about how they're leveraging uh you know fintech platforms like ramp to run a more efficient campaign we would do some some type of integration like that but
not a straight political ad I would also have both candidates on to talk about their watch collections yeah um you know Trump has a fantastic uh Vashon Constantine I'm sure beautiful yeah uh he has several solid gold watches K has a wonderful watch collection as well she's got some and got good taste actually Obama through the through his
through his uh Administration he wore a secret service watch that was gifted to him by the Secret Service I just thought that was so cool like I don't think he's actually become a watch guy and I think a lot of it was like you know the Everman like you don't want to show up like Trump's whole brand is like you don't have to be a watch guy to have a watch you you love ex it has
significance significance and so that's where I would want to take the conversation yeah I you know one of for for me kamla has uh a thing for air right and it's sort of under discussed but she's got you know uh she she understands she's America you know she's an American politician but she appreciates fine European luxury goods which that's what you want out of a
politician right I mean the other angle for us if we were to interview the candidates would be to talk about you know Donald Trump the tech founder and this is why it was so big when the all-in podcast had him on because you know they they really stick to the Unicorn they're political they're I mean arguably more of a political podcast yeah but it's great that they Tech
founder yeah like like Donald Trump the founder of social truth social um well that's great let's move on to some Q&A but first I need to tell you about Steinway and Suns founded founded in 1853 by German immigrant Henry Engelhard Steinway in a Manhattan Loft Steinway and Sons pioneering handcrafted methods are still employed today to ensure
compromising standards of quality Steinway is more than a piano it's the ultimate expression of passion tradition and craftsmanship whether you're an aspiring pianist a professional artist or someone who simply loves the power of music or I mean let's be honest just somebody who doesn't want to be caught dead with a Yamaha uh Steinway is here to inspire every note you play to
discover the craftsmanship of a world-class instrument visit Steinway docomo showroom and play Pian but um I bet you didn't know that you can have them ship you a physical template of the piano that you're considering buying to lay out in your living room or in your in your house to see where it fits I thought that was really really cool uh
I'm sure a lot of companies would just go for like the augmented reality thing but I like that physical like you can lay out your whole room and it's like a cutout and you can see okay this is the one that fits so anyway uh we love Steinway here but back to the show let's do Q&A um this comes from uh uh Ben uh oh steadfast guides John and Jordy hear my lament for near eight long
years I have labored as Captain bound to a vessel that will neither sink nor sail a cruel justest played by Fate The Golden Dawns of of ambition have now given way to stigi and Twilight The Gleam of Hope tarnished and bound in Chains of mediocrity every course plotted every wind sought yields only the same tepid tide a stagnant pool where once roared an ocean of Promise
The Ledger of my soul bleeds red ink the current of resolve spent on visions that crumbled like clay under the strain of grasping hands tell me venerable Jordi and John is there a course Uncharted a horizon unclaimed that might deliver me from this Purgatory must I forsake this craft rought from senu and sleepless nights to chase an uncertain new Voyage or do I persist a wraith bound to a
dream now turned tomb until the last Ember of spirit Fades beneath the cold Relentless gaze of stagnation I seek your counsel for the night deepens as my spirit falters guide me before the darkness swallows what remains yeah so if you've been building for you know years do you do you stick with it and hope that you'll have a breakout moment find that product Market fit go
exponential or do you just try and sell your company shut it down get an aqua hire and move on to the next thing what do you think this screams burnout to me yep right uh there's a lot of you know flowery language and and you know the uh Ben the the guy who asked this clearly an exceptional writer but look the guy's burnt out yep he's sort of uh I think
anytime as a Founder if you're um if you if you lose that sort of ultimate Vision right like he's getting to a point where he doesn't quite know y um the path forward and often times as a Founder you have multiple path forward but if you're sort of there uh at this point where you can't make decisions one way or another and you're sort of just sort of
stumbling along uh that doesn't feel good that's burned out you know this guy could go on a vacation it's not going to really do anything right CU he's going to be on vacation uh thinking about the fact that he's burnt out right so I actually know this guy and I was on a call with him and he came to me with a very like so he for just for some context they've raised like a
decent amount of money they're like he's paying himself a salary it's not huge but he's like paying the bills right and he's in kind of stasis right and so I he came to me with this idea of like oh I want to make some more money for the company I'm thinking about like it was essentially like lead gen like selling the like the leads that his company
generates and isn't able to monetize and get down the funnel like sell those off and I was just like dude I don't think you're thinking big enough I think this is like not the right path I think this is like it'll be very aure out exactly it's just it's just not a path to anything exciting it's just going to be mediocre and so what I was telling was like instead of like burnout I think
you're right but instead of going on a vacation I told him he should just clear his whole calendar and figure out who the top 30 players are in his industry the top three like public company CEOs billionaire investors like the big people and you should just spend your entire month the next month just trying to get meetings with them y just fly to where they are
try and like like we we saw this with the truth social thing go to Mar Lago figure out like okay this guy owns a big company in this town go there meet him Network and then and then like half the people I was mentioning he was like oh yeah that guy cold called me like three years ago when I was starting when I was building this company and like you know we we never went anywhere I was like
call him back and and just try and see what how you can be helpful because it could be an acis it could be an aqua hire it could be a deal it could be something else here you do that you do that for a month if if that doesn't go anywhere you call up Jeremy gaon gon and& company yep and this is exactly the kind of opportunity you know we kind of
special situation I think he showed me like one of the one of the um he forwarded his investor update or something like that uh not a bad company right nope five six million of AR growing 30 30% a year that is a good business under most evaluations but it's not a venture scale opportunity when you ra 15 mil and so go to jery he'll you know help help you know figure out all
the different sort of stakeholders and find a win-win going forward yeah uh your VC's have different incentives than than you do right you have you've been in this business for eight years you still care about the industry you're an expert in the industry and with the right Capital stack and approach to growth you know this could this business
could eventually sell for 5060 million y um and it's going to take a little bit of time to get there but if you kind of it really is a is kind of a uh uh uh uh it's not it's no longer a venture product right so you're sort of treading water and not embracing reality um and going with gaon and companies is a much better option than just shutting the company down and people kind of like
know this deep down at the later stage where you know if you're doing 100 Mil in ARR it's like okay private Equity exist everyone knows ban KKR all these companies that are very obvious and they probably calling you um or strategic acquisition that could be very valuable or maybe try and take the company public but people don't realize that like this
this like kind of Zombie stage where you've done series a series B but never really hit escape velocity those two options still exist it's probably just something more like an aqua hire and more like a special situations deal with somebody like Jeremy so uh anyway good luck to you Ben I hope you figure press for a month and then give Jeremy a call that's what I would do yeah try and get
the try and get the aqua hire done try and get some weird deal done try and kind of just break something loose that's truly new and and bold and has the upside don't Focus anymore like you've already built the business to the point where it's it's Cas neutral the business works it's just not there so you need to either take a really big swing of the fence with like a new
partner or do the aquire go Mentor under somebody who's really successful then get back into it or sell theany and restructure the whole cap table with with Jeremy or some anyway let's move on to the timeline so our first post comes from guy who is quot tweeting us he says there's two Chad looking guys in a suit discussing Goblin's tweet and my note I
L IRL that's great that's great to hear I mean as much as we're here to deliver hard-hitting you know business strategy uh we're also here to deliver some laughs right exactly uh just because we're dead serious about the show doesn't mean you can't you know get get some real enjoyment out of it so and here he says please guys in suits film
yourselves earnestly discussing my tweets too well here it is Guy earnestly disc first of many I would guess yeah I I think you're going to be in the regular rotation uh you have a long a long path in front of you um but yeah goblins tweet I actually don't remember what goblins tweet was but I imagine it being very deranged and having a lot of J jark you know posting
posting gets posted about a lot but it's serious right it it creates Trend it it sort of influences the Zeitgeist and it helps us better understand the world yeah has a has a deeper meaning sometimes so cheers guy get out there post more send us your best posts and you might be on the show let's go to Max Meyer uh Max says the Upper Midwest is a 10 out
of 10 region it has everything Chicago a proper City massive Metro on an ocean scale Lake West Michigan a temperate area warm enough to grow Chardonnay grapes I didn't know that the largest arable land region on earth and the greatest college towns in the USA we should do a technology Brothers meet up to do a wine tasting in the Chicago area I think we should host a live show in
this Iowa stadium that he's posting at that'd be amazing a college tour is it will it fit 100,000 people yeah that's the main problem I mean maybe if we add extra stands extra seats in like the infield on the we could fit 110 but I mean we'd have to we have to charge a lot it's going to be tight yeah we'd have to charge a lot but I mean you price gate eventually and and you get
we'll live stream it everybody should be able to go yeah it'd be great um max is Max has been I I think very Vindicated the last few weeks uh the guy's been uh loud and proud about certain viewpoints that he has and uh I think he's GNA be on the right side of history on this one he was wrong about something which I completely agreed with him on and uh was
that he he didn't think Biden was gonna drop out and he B and he bought like he put like a hundred bucks Market yeah he put He put like a hundred bucks on poly Market when it was like you know Biden did drop out 80% and he was like I think it's fake it's not going to happen it doesn't make sense and I was like dude like good job putting your money where
your mouth works like I believe that too and we were both WR I'm glad he didn't put the Full Arena balance sheet on it because it's great publication it is I think we have a copy here somewhere but uh it's laying around here somewhere Arena Arena's fantastic we had it in the first episode um but yeah I'm really excited for more more additions of Arena and uh he should try to he should
potentially explore going to a daily uh newspaper right because like the news cycle moves quickly I like I like something that you can just sit there and enjoy on the weekend and have you know quarterly or monthly um yeah I mean obviously like ramp up as fast as possible kind of thing that you get in the mail and you and you put it in your briefcase and you say I'm going to bring
this on my next vacation um you know in a few weeks and I'm going to just really sit down and enjoy this you know well sort of very peaceful set the design was fantastic and the and the sponsors he's monetizing I saw a lot of great a lot of great a lot of independent Publishers say oh we're going to do fully reader supported it's like no Max understands
that the best content in the world uh should be monetized it should be supported by companies that want to support the publication too because companies you shouldn't ban companies from supporting your publication right um I was looking at the this week's Economist add on the back cubitus cubus tech yep yep yep it it makes sense um we could do a whole Deep dive on the
cubitus and and if you and if you read through the economist they do a great job balancing the ads like it's not overwhelming like a lot of a lot of Publications but there's just enough and it's just nice and I look forward flipping over the and seeing it oh who do they got this week the ads are pretty you know in The Economist I would say that 80% of the ads are deeply relevant
to me right and so I look more like service right it's the same thing for arena every single ad that they ran I was like this is cool and I like this company more because they're supporting Max so cheers to Max thanks for everything that you do let's go to Shane copelan the founder of poly Market what a great story I so he posted this picture of him in 2020 four years ago he
says 2020 running out of money solo founder HQ in my makeshift bathroom office little did I know poly Market was going to change the world and man what a setup that is indicated terrible that such a bad such a bad setup with a empty water bottle um and the mouse is a crazy Mouse the mouse on The Wicker Basket is basket uh and the plastic water bottle I
mean I think somebody whose testosterone levels are probably so high he needed to take off the edge and have some microplastics to bring it down a bit but uh still from the from the bottom to the top the best part about this is that if you look at the image it looks like he like got frustrated punched the wall and like was like not working yeah hea did
it's a testosterone that's proba why that's probably he punched the wall and it was like okay I need the yeah exactly but man what a what a run what a run for po market and just Domin I think they got like 80% 90% liquidity on around the election just complete power outcome yeah what do we have any idea how much volume they did in the last month I think it was like three billion just on
the presidential election and then and I think I don't know I think 6040 election versus non and other stuff a bunch of Shar uh sharp Founders are actually creating markets to be able to short their companies we have a post on thaton I Tred 3.6 billion on uh wow that's massive yeah uh am I going to be able to pull it up it's too hard there's too many here we'll get to it we'll get
to it we'll come back to that one but oh here it is uh so AI schiffman says uh never been more bullish on friend please bet against my failure and he's using manifold but I'm sure most Founders will wind up on poly Market pretty soon and it says will friend have 10,000 daily active users by November 8th 2025 and it's at 5050 right now and you can go
and effectively short his company because there's been a lot of trash talking for people for all the people that think he spent too much on his domain yep that was big I think he um one word.com are back during the AI era obviously Sam Alman saw what AI did with friend and decided I'm going to get I'm going to get chat.com I think I saw family just launched today some crypto
thing do they havec I don't know but thought they had AIO okay um maybe they they had the they had the the ex which is you know at this point it's actually funny the the The Branding of a one-word domain so strong in AI that I assumed it was an AI company like oh some some app to manage your family but I guess it's a crypto thing yeah but AI I love this I
love this AI is so he's he's building building wearable for AI yeah so ai's building an AI wearable he went viral with this very controversial video about go going and living your life in San Isco but also talking to your AI friend and having these like kind of black mirr esque interactions and I think I think the the video was tuned perfectly to be
not quite just techno optimistic so it wasn't toned deaf like the people that made it and him also he's a technologist but he's also he's not uh he sort of has this understanding that technology is not always good or bad like sometimes it's sort of this neutral thing where there are going to be people if he continues to execute there's going to be people that are become madly in love
with their friend.com uh you know wearable companion there's going to be people that just use it here and there and like it's a part of their life and and some people might use as their person there going to be massively positive for some people I'm sure it'll be negative for some other people and that's just the nature of Technology not uh it's impossible to say that any
technological product is inherently good or inherently bad uh and anytime you get into to like binaries I think it's um but overall like this guy is putting it all out on the line he's doing the sort of build and public approach but basically saying every single week I'm going to win I'm going to win I'm going to win uh not not too dissimilar to
styman just sort of a different approach yep totally love it well good luck uh let's go to Lee Edwards he says there hasn't been a better time to move to SF in 15 years AI is here iners is back tech Vibes are off the charts local government no longer run by psychotic clowns legal to build housing again equal marriage and abortion rights are the law and he's quote tweeting someone
that says time to move to SF then and I love this I I've always been super bullish on the Gary tan like anti- Doom Loop boom Loop Dynam make SF amazing like it needs to be yeah so I was born in Oakland Children's Hospital Co family you know has been All Around The Bay for generations and generations the bay had gotten so bad that when I was graduating
college I didn't even consider moving back and in fact I remember year overy year as a kid my family we'd go from Berkeley and we'd go over the bridge into the city uh I remember just going less and less and less as I got older and it was because it no we our our sort of like family tradition was to go into San Francisco Park our car and spend the
entire day just walking around the city going to our favorite restaurants and that just happened less and less and less as it got less safe and just less enjoyable to be there and I just remember as we started to really needing to dodge certain streets and neighborhoods and it just became like you know it just became a little bit dark uh and so I think for all the
technology Brothers out there men and women it's been this uh over the last four years you've had sort of teal and Elon align and focus on the presidential election you've had Gary Focus deeply on San Francisco and having San Francisco uh you know making a lot of positive progress on on uh on things simultaneously having new momentum at the federal level San Francisco is going
to benefit massively from both of those Trends so if you are you know we're a media business right we're media businessmen we almost have to be in La yep uh but if you are a young technologist it's hard to argue against building your company anywhere other than Silicon Valley yeah there's uh the the SF haate I feel like was always a little overrated in the sense that
most people by the time they're having problems with San Francisco yeah they're in a stage of their life where they can move to Marin paloalto Aon Incline Village it's really not an issue it it only becomes an issue once you have children right yeah but at that stage and I think that's probably part of why San Francisco got so weird was because I
lived in the tenderloin at age 22 Yeah I was 6'8 250 lbs like no one bothered me 250 brother it was fine like it was yeah it was dangerous but most of the people would be like in the middle of like wrong gu like dealing drugs and they'd be like no they wouldn't even mess with me they' just be like do you play basketball like they would be so taken back by my physical size that it was
just not an issue I remember going to some party in the tenderloin and uh there was a girl who was leaving and the girl who lived in the apartment was like was like you have to take my Taser like and I was like whoa that's crazy because I would just I would just walk around but it's like total like privilege stuff but then but then once you have kids you're like okay I can't live that life
anymore but you can move to paloalto or Aon or inclin Village so here's what I want to see I want to see billion dooll Venture Capital asset managers like General Catalyst and and dreon Horwitz and people like Adam Newman I want them buying up all the housing in SF right if you're really long SF like I want Gary I want Gary to be a slum Lord almost right
like not the opposite no no I'm saying he starts as a slum slum Lord he buys up all these you know studio apartment upgrades them bugs them and uses AI to process all that data so that he understands oh this founder hasn't slept in three days getm get him a term sheet immediately right no but I think I think one way to go long technology is to go
long SF y That's What Gary's done and if you want to benefit from that boom fund the startups yep but then buy up all the real estate so you sort of recapture some of that value because a lot of Founders paychecks end up just going towards their rent it's great let's go to will mantis will says many remarkable businesses that could exist don't because Venture investors refuse to get
creative with structure if you took PE structuring brain and applied it to early stage investing you'd see dramatically larger outcomes in traditional Industries ASAP and then run says that's exactly how we ended up with the convoluted structure of open Ai and then will says does the nonprofit flip have a comp in PE no right I know the structured capped profit units are
classic interesting yeah so here's the thing you meet something that's been happening recently is Founders are going out and pitching VCS and the VCS will tell them is this a multi-billion Dollar business or is this a something that could get to 20 30 50 million of ARR off of like one or two rounds and one of the challenges is a lot of those businesses if the
founders don't want to shoot for the multi-billion dollar outcome they could take like two three million and just build a fantastic business but uh the VC's in theory should be able to buy a lot more of the company than they currently are right so they're buying like if you want to go and if you're a YC company and and and the founders just want to build like a fantastic business
uh or wonderful businesses some people would refer to it y uh they're still getting two on 20 when I think that if you wanted to take a much more sort of uh PE style approach you should be like cool that's great if you want to do that but we're going 5050 we're going 5050 or we're going to buy it's going to be two on eight you shouldn't give the same
terms but the issue is there's so much competition there's so many seed funds so many preed funds the founders can can just go and take two on 20 from some fund that thinks it's be monop yeah yeah exactly and so right now the issue is there's just so much competition that you I don't think you can get these sort of like PE what what Will's talking about is quite a bit more structure he's
thinking about bringing in debt earlier essentially bring in debt earlier you know there's like General Catalyst buying a health system stuff like that I think all that stuff is cool but uh it's hard to do PE Styles early stage because there's just so much so many different people that will give you that y three on 15 or two on 10 or two on 20 um and I
think that competition just drives up prices and ultimately lowers returns yeah that's interesting I I mean I see it a lot in in like deep Tech hard tech where there's someone running a machine shop it's probably going to be a great business super important but it might not have you know Monopoly Supply we talked about the Drone Motor Company yeah um something like that is like
critical to the supply chain for so many companies but probably not going to have the margins of should be a widget exactly how do how do you get the next generation of Founders like excited and incentivized around that right now the pattern is go lie to VC's it's basically just tell them that you'll be a trillion dollar company the isue they take money
with this Venture narrative you have to do a lot of things that your customers don't give a about if you're making drone Motors and your customers are like you make great drone Motors I'm going to keep buying them and then you're like well actually we're drone Motors as a service and we're going to go we're going to go sell software they're like
okay well I like you because you make good uh you make good drone Motors and I want more of those it's funny cu the classic business school case study is like XYZ company makes XYZ widget and they they do x amount of eida and like how would you lever it up to ensure that they you know can maintain profitability um and yeah I think uh I think yeah what Will's getting at is
maybe there's more of these sort of businesses that look uh like gaon and Co that just take a unique lens on Venture which is to say we're focused on returns we're willing to make investments to generate that we think can generate returns that fit this profile y because in PE there's a lot of PE funds that are that are like we don't want a 30X at all
we don't care we just want the sort of base hits over and over and over and that's what we've told our LPS so I think that what I was talking to originally about there's so many different seed funds that will give you two on 12 yep right if you come in with a slightly different approach there's opportunities there if you're just thinking about it from the lens of we
care about returns first and foremost um and I think even Bryce from IND DVC is taking this approach he had created a really structured product historically with BC but now he's just a $50 million fund that's saying we're looking for this unique type of founder that just wants to build a great business and uh you know uh worst case scenario you build a good business best case scenario
you sort of build this generational company and we'll make money either way yeah so maybe more permanent Capital maybe more debt financing uh less of like a 10e with a couple year extension timeline and then potentially a different a different different Target around zeros like a lot of early stage VCS are like yeah 90% of the portfolio is going to go to zero a
lot of the great growth funds right now have a no zero mandate like they won't invest in something if there's any risk that it goes to zero and then they're underwriting against like a 20% irr um and I wonder what that would look like if you said I'm an early stage investor but I do different structured deals but my hurdle rate for zero like less than
50% of my companies will go to zero as opposed to 90% I'm unicorn hunting very different the Unicorn H yeah it became so sexy it was like you know if you can be the first investor in Uber and the rest of your portfolio is trash like that doesn't matter because you got the stamp of like you got into the that incentivizes yoloing where people are like H this team's like okay
but it's a good category we want exposure to this like what's the the the the sort of approach within Venture world and Angel Investing of I'm only partway convicted in this business I'm still going to invest which I've across like 50 Angel bets I've done that before where I'm like I see some issues with this business but I like the founder so I'll do it yeah or uh the team is not is
maybe like a seven out of 10 but like the products a 10 out of 10 let's do it anyways and I think that um yeah the Venture invest ERS that are like no we're going to be uh cu the the private Equity world is just much more serious in the way that they evaluate companies right like they bring a seriousness to the asset class that is for many funds
missing right um it's interesting let's go to Bas Lord Bas Lord says daily reminder that at least one of your needs to at least one of you needs to start an IQ enhancement company as soon as possible and my my take is uh already been done years 10 points eight years ahead of you 10 points yeah we we know about the performance enhancing drugs for IQ caffeine
nicotine uh some sleep some exercise high testosterone no it's funny because the original Lucy pitch was smart nicotine yeah which intelligent intelligent nicotine right um but yeah I think it can take different forms I think that uh I think there's a big business to be made what is talking about selling to technology workers to say like we're going to take a cohesive
look at how to increase your IQ yeah yeah I mean Brian Johnson was talking measure and measure it he's saying that like people care a little bit about their their Health and Longevity but it's very abstract but if you can tell them that you get on this diet and you will be performing better at work immediately that has a much much more acute Roi and so you can kind of
underwrite the the the hassle of doing the diet and I think there'll probably be more of that I think I think I I'm not sure Brian might be able to Pivot into like becoming like the Brian Johnson of the Mind might just be Brian Johnson but it also might be someone new who's focused purely on that instead of longevity or instead of health or
instead of athletic ability but yeah I would I would I would invest in that business a business that basically says like we're going to test your IQ and then we're going to continue to test it quarterly and we're going to do different modalities whether it's Health that like because of the way the the FDA regulates these products it's very hard for us like we can't put C
in our gum that has nicotine you can't mix actives but if you're more of like a health clinic you could actually prescribe caffeine nicotine differently you could like move through these things and and actually take more of like a holistic view in the same way that a lot of those men's health clinics look at your testosterone markers your biomarkers recomend exactly something
like that for for intelligence and and performance in the workplace does seem very very valuable if somebody can pull it off but uh but it's hard business and I power law I think it might be more of like you know it's a it's a consultancy it's a clinic there's uh Andrew her does this at F bio you know him oh yeah um and again his is a little bit more just
General Health focused it'd be interesting to see one of those branded purely as performance in the workplace let's go to Gabriel do you know this guy he's in Australia he's the man I don't I think it fall obsessed with bodybuilding yeah uh just great dude never met him in person but alltime poster uh uh so he says uh I often stumble across an internet phrase I
don't understand that has a natural humorous Vibe Arcadian L housee many such cases Etc an Anime Avatar just told me to get in the crystal it's a beautiful Crystal we'll drop that at the office and see how it goes this was great at uh at hereticon we were in a conversation there was maybe six or seven people and I think that David senra was only he's like he's like not
on he's not online right he's in book he's focused he's either recording the podcast he's reading or he's with his family and so going to one of the most online offline events or like networking it was funny because I'd have to be like I'd have to be like yeah that's that's what um basically like the long house means like oh okay okay yeah well that's why
we're doing this podcast he'll learn all the brain rot terms through this exactly this is really the bridge in the way that he's the bridge every time a brain rot term or word breaks through to uh popular culture yeah there's already six or seven new brain rot terms that are replacing it on the timeline and it is we want to surface those right like like
the the traditional like gen Z brain rot is like skibbidy toilet Ohio the rizzler but then Tech has its own brain rot terms like like word cell shape can be if you know if you know those those are like buttons that you can press in a a pitch with a VC whereas if you're saying the right brain rot terms it signals in group right so even if you weren't a PM at Uber or you didn't go to Stanford you
can still signal that extremely online um I actually don't know what getting the crystal it's a beautiful Crystal do you know what that means so I think we should I don't know what that one means we got to figure that out we got to figure that out Gabriel I want you to write in tell us the truth what does it me break it down for us in the replies
to this video I want an explanation there's people that that sort of index YC companies there's people that um uh buddy of mine Joey is a teal fellow and he's got like a whole you know fun that's kind of focused on just backing teal fellows sure uh which is super smart uh I think we should create the poster index which is a fun that's just dedicated brain if you can post bangers
it is a proxy for your ability to uh get attention which can drive customers and and capital and all these things so there is there is a bit of a meme that it's like oh if a CEO is like posting too much like the company must be doing Cor so here's the thing I think Augustus yeah is the is is every other CEO that wants to be a poster CEO should study him because all he's coming he's coming
out of the woodwork once every couple days Banger back to business back to business right and so there's this like he's not out there hunting he's not the one posting like oh there's like this there's this meme that's going viral and everyone has their take on it and so you like transform it into like well what if the Trump thing was about docu sign like
and you're just getting a thousand likes but it has nothing to with your bus and you're just like trying to get like Twitter clout like that's not what we're talking about here yeah I think that uh if I see a portfolio company CEO's name uh four times in the timeline per day and they're not selling to venture back startups risky risky it's a big it's
kind of a bit of a a red flag there's a there's a little bit of a Balmer Peak on on the post exactly let's go to John Foo oh this one's rough So Adam rank posts I promoted my GF and uh she's showing an engagement ring and so they're getting married so congratulations to you Adam uh but F chimes in with something not controversial at all and says we got to
pull all the couples that announced their marriage Andor child in the form of a startup business joke and study them very closely over the next 50 years and publish the report we all deserve to know how these ended up I don't think you need 50 years I think you probably need I think you need 10 after somebody's crossed the sort of decade uh I think he's underweighting like Norm
like there's so much I think a bigger part of the story here is is something about the warp team attracts uh and I love I love aush um but uh it attracts uh dunking the dunk the dunk rate is is crazy um they almost it's good for one of their their head of growth I think said he was potentially going to go Anon because it was just too much duning too
much dunking too much but uh but yeah I don't I don't know I think there's there's uh you know they make they make warp uh where where Adam Works makes payroll software for businesses if he's trying to sell to more startups one way to do that would be announcing make a startup joke you want to make people feel connected to you bring your marriage into the
workplace and make a startup joke um but no I think might be under monetizing here he needs to he needs to I I would study I would uh if F wanted to start a research group that just studied things like this I would donate that would be interesting kind of n Freeman style ex I agree that there's something interesting there but again you know it's marketing bro he's got to
got to pay the bills one way or the other let's go to uh enchilada surfboard says 90% of Defense Tech investors couldn't tell you the difference between Cs and gots if their vacation homes depended on it do you know these terms cots and gos no so I dug into this it's commercial Off the Shelf versus government off the shelf and in some like early du it's a
dual yeah I think a big a big thing with defense yeah so like yeah exactly no one knows this stuff I wasn't betting my like early andal person and it was like some early andal joke that like turned into this like here's the I guess to simplify it so um uh a lot of Defense Tech investors when they're evaluating a business or they they're kind of deciding if it has sort of dual use
applications like I uh inv uh am an adviser to a company called Aon which makes tactical missile systems and I made that bet because Ned and Joe the founders are just phenomenal they've made like 10 years worth of progress in about a year um and so I don't consider myself a defense te investor but uh one thing that was very obvious with with uh
with their business is there's no dual use right it's not like they're going to sell some missiles to the sort of retail Market or commercial market and then it's all in on the USG right if they don't get the USG as a customer uh long term the business isn't viable because then they can't even go International right like they need to win that um customer first and so uh whereas
deterrence deterrence uh has like a bunch of of commercial customers where it's a viable business even without oil F or something right yeah yeah got yeah I I need to dig into more of this but I think the cots versus gots thing is is also related to Ander roll's early like sensor Tower development do you remember this like they they built this sensor
Tower and they were using literally like off-the-shelf gaming Nvidia gpus to run open-source like computer vision algorithms like uh imag net and so it was very much like hacked together from literally stuff you could buy at like a Best Buy but they created a government product from commercial off the shelf as opposed to the way a lot of the previous primes would do it where it's like okay
well like does it run Windows XP like we have to use the stuff that's government off the shelf and that creates a lot I think that's a component thing yeah yeah it's more about like do you have this attitude of like uh can you just go to Home Depot and get the screw that you need or do you need to acquire like the $150,000 bag of screws from Boeing right
well didn't didn't andal do this with their latest uh suicide drone oh I don't know where I think they were using they had to use I think they call it that uh different branding uh fpv drone whatever you want to call um Interceptor tactical it's suicide it's a comicazi drone it literally blows up as it gets to the Target um but um no I think they ended up having to use Chinese
components yeah some of them because them here but obviously I about this apparently there's there's only one tin smelting like organization in the United States and they are only able to supply like you know 5% of the tin and so it's like if you're in if you're in the business of like okay we need tin for something it's like good luck cleaning up your supply chain just wait 20 years
for this one guy to like grow his business because no but there's a whole there should be a whole cottage industry of people that are looking at all these deep Tech hard def tech compan getting funded and being like I'm going to build PE style buses to service these like basically like manufacturing business businesses sourcing businesses but but I
think a big part of this is also just like breaking down the problem into something that's more manageable by like a startup engineering team I talked to a guy who worked on the blue origin uh rocket engine versus and was comparing it to the the uh Merlin engine designed by uh Tom Mueller at SpaceX and uh the one of the things that allowed SpaceX to iterate so quickly was that the so when
you see uh Starship go up you see like the 36 engines I think that's how many are like a bunch of engines it's a bunch of smaller engines every one of those engines I think at one point I don't know if it's true now but like could fit in a pickup truck in like the back of a pickup truck whereas the bigger engines you need a crane and so all of a sudden
it's like the safety requirements the just the risk the level of equipment like anybody can drive a pickup truck so if you need to take your piece of equipment and so there's this question of like how can you decompose something that is a larger capability like an F-35 into a bunch of suicide drones well the Sude drones are going to be able to be okay the pieces are smaller you don't
need cranes for everything when you start doing these Mega projects things really really slow down and so there's a it seems like there's a lot of Arbitrage right now in just uh deep Tech hard tech startups taking something really huge and then decomposing it into something that's more manageable and like a small this is even even valor's trying to do
just shrink down y nuclear reactor exactly and uh yeah the guy I was talking to is actually building Fusion uh Avalanche and and it's it's it's small enough to fit in a truck and so he's just like super pilled on that and like really wants to build that anyway let's go to Luke Metro andal employee love this guy uh we need a li God damn it completely unrelated to business uh
we need a liberal Joe Roga he literally interrupted Peter Teal's speech about wokeness to talk about how the pyramids were actually x-ray power plants what are you people talking about yeah yeah Joe Rogan is liberal yeah um and he's talked about that yeah uh he endorsed Trump also I think this just speaks to the fact that Rogan's like a oneon-one typee
of person like he's he's he's a he's like a comedian that can pull like a huge group of people uh yeah he he's tinfoil hat guy who loves aliens uh he's very conspiratorial but then also uh you know loves UF and he he's kind of combined all these different disciplines and uh you can't just like you can't just copy The Joe Rogan experience's aacy here's
a so Rogan is a liberal yes he's voted Democrat like his entire life he said this recently um and Trump is a republican but Joe Rogan endorsed Trump yes and what is the link between Trump and uh Rogan UFC oh okay yeah Joe Rogan is one of the top commentator yeah one of the top commentators for the UFC okay Trump is arguably the biggest fan of the UFC right he'll he'll leave the campaign
Trail to go be at a fight um so maybe that's something there where Joe Rogan said I'm G to put my politics aside and I'm going to back Trump because it'll it'll increase the UFC's like notoriety and platform and put on map because I think that uh by the end of the next four years UFC will be uh baseball will have to have sort of stepped aside no
longer America's pastime America's pastime is combat and Combat Sports well then maybe if you want maybe there's some precursors to building a liberal Joe Rogan you need a liberal UFC yeah and you need a liberal comedy circuit or a liberal May so the next four years the the Dems go heavy into UFC AOC sitting in the front row or something maybe they become the knuckle party or
or car Jitsu have you seen Jitsu where they fight in the car that's good or pillow fighting or any of slap boxing they could do any of those but they need to they need to carve out one of the fighting Sports I think we need and then the liberal Joan will emerge we need a liberal you know we need a young Bernie who emerges through bar knuckle boxing
there we go yeah that is probably the next Bernie it's not going to come from some small town in Vermont it'll come from the next Bernie will be a yeah let's go to sahill bloom uh he says a harsh truth I wish I could tell my younger self there is no such thing is later the journey to success is filled with laters I'll spend more time with my kids later I'll find more time for my
health later I have more freedom later I'll enjoy myself later the brutal reality later never comes it's just another word for never most of the things you say you'll do later won't be possible by the time you're able to do them the kids won't be younger later either start designing your life now or live life with regret later okay here's a good example yeah uh
yesterday I made my two and a half-year-old son y work the entire day doing deliveries of of Aurora systems to high-profile celebrities around La uh you know you know uh to to sort of uh support the launch and you know this was a Sunday a lot of people aren't aren't working on Sundays and I realized he's never going to be a be this young again
and be able to grind this hard again like if I don't if I don't like allow him to do this he's never going to forgive me he's going to be asking me when he's 12 dad 10 years ago like why did you let me Chill on the weekends right like why wasn't I grinding why wasn't I figuring out uh you know he can't type on a computer yet but he can lift one of these systems and carry it
up a driveway and drop it off and ring the doorbell right he can do that so uh I think the lesson here is is however old your kids are you probably need to get them grinding harder and like yesterday basically yeah I think that's maybe what this post missed you know it says I'll spend more time with my kids later I'll find more time for my health
later what about Levering up like you you should be Levering up now today the returns you're generating the returns you generating today are because you levered up a month ago you should be taking the most risky bets today not later oh yeah I'll I'll I'll find a a 100 xer later yeah right yeah not going to happen uh let's go to Sean Frank he's been on the show before love him uh he
says paid advertising doesn't build brand and then the crazy guy I love this image I don't think this is a real Emoji but it's so good okay so so Ridge was a company that historically would never spend money on anything that that wasn't directly generating Revenue right so so they were and so sea has basically been on this for approaching a decade Y and has
absolutely worked for them while all these while you know all birds was doing brand marketing these other D Toc Brands were doing stores yeah popup stores like big celebrity endorsements Ridge basically had spent probably $250 million on meta ads before they ever did a collaboration with like m K right so that's brand marketing now they do some brand Marketing in the form
of of sort of these like massive giveaways and they they maybe do like some of it more now but they're the the reason that this tweet holds weight and Sean is the the perfect uh example of delivering um delivering like real uh business lessons in the form of posts but the reason this holds weight is the is the ridge brand is is stronger
today than almost any DTC brand in their in their um in their in their category or cohort of like when they were sort of coming of age so and and you know what's interesting is that like they these posts from both Shawn and Connor yeah build their brand so much like I now I now associate Ridge with Incredible Performance Marketing and I and now I want to pull out a ridge wallet just to
let everyone know like I care about ads I'm not kidding like I I I respect performance and I respect marketing efficiency yeah marketing efficiency yeah because it is AR is like is is if when Ridge so Ridge was one of the companies to to really focus on you know direct response Creator ads on YouTube and I helped them do this uh back in the day and when when
Ridge works with an influencer that says like hey guys today's sponsor is Ridge I use the ridge when I'm out fishing but it also is great on date night like use my code in the description that obviously builds a brand right they're aligning with a content creator that and you see who they're advertising with and who they aren't and so the MKBHD stuff that tells
you like mkbhd's whole thing is like super high production value super cinematic like really thoughtful analysis of these consumer goods and so being in that milu is much more valuable than someone else that they could advertise on like it's just they they they've cultivated like what does your brand stand for like you could literally if you're thinking about building your
brand just put together a mood board of popular influencers and then just go and sponsor them and then that will be your brand yeah and it's like Ridge has probably a million guys out there that love Ridge because theovon loves Ridge theovon uh is prob you know has for the last like whatever is is since uh Sean initially did the deal with him he's probably objectively more of a wallet
salesman than a comedian right like he's one of the top wallet salesmen in the world yeah he can go and sell out comedy clubs but he's selling wallets at a higher velocity yeah than any I it's the same thing with Red Bull like you look at like Max ver stappen and everything that Max ver stappen stands for with like this like Relentless ambition crazy
energy and and I just get like that's what Red Bull's brand is now because of that and so yeah this this idea yeah very very valuable and and certainly underrated um let's go to rul zero interest rates he says it's the first day in Williamsburg and he sees a spray painted sign on the concrete for an ad for Sonia AI therapy listens better than your ex at talk to Sonia in a call to
action for the App Store what do you think about this IRL advertising is this legal can you just do this like why why are we not is there a company that will just go spray your spray yeah there is it's kind of like they don't advertise it's very it's illegal basically like vandalism yeah it's vandalism uh I don't I don't uh you could go viral like this
I mean this got 40K views that's probably more than the players to probably do that once your back a friend post it and have it be interesting and weird it won't go viral if it's just something boring like whatever was under here before I think this is uh in general I'm not a fan of this type of marketing I think it makes the world a more you know nobody likes ads more than
me except maybe you right so we love ads but in general I'm not a fan of of vandalizing property we did a little bit of this a party round like but it was more like using an existing graffiti wall and putting an ad on that which is designated as a place for graffiti yep um but uh but yeah think there's more uh uh I I I I think that an ad space that's
underutilized is the planes circling SF like I'd like to start a technology Brothers advertising division that just that has planes every single day flying over SF yep uh that you can sponsor which is like for Sonia it might be like you're you get no women talk to Sonia right and if that was flying if you're like a metap PM and you walk out and you
look up from your um what's that app that they that they all use that the um the like blind blind you look up from blind and it's like you get no women talk to Sonia that's like probably and there's a QR code you can zoom in and scan great uh I'm I'm more a fan of that I do remember H what was it back in like 2018 is maybe uh there was this like when bird the scooters came out and lime
and and it seemed like Tech just realized like the sidewalk is free real estate I guess and you can just put stuff there dud so here's a crazy story so I was working with a um with a startup back then uh that just moved to LA and I was basically like you don't need to pay me I just want to help out uh I'll do it for equity and we started
doing these sort of like marketing stunt things uh and it was a it was a skincare company and so I had the idea to go put Hotel like door hangers and I went and put them in Santa Monica I put them on like 500 bird scooters in a day and within the same day we got like a note from the the chief uh uh counil or whatever from bird it wasn't quite a cease and assist but it was like
stop right now the next so funny because like you're doing the bird thing to them to them yeah yeah it was perfect um that's amazing yeah when that was happening I was like wait so it's just free real estate if you have wheels like can I just set up like a corner store on the sidewalk if it has wheels under it can I set up a gym or whatever I want
like is there any business that you can't stop it was it was a wild wild time um and I think most cities wound up developing I'm surprised there wasn't like a bird for snack bars like people that are just like here's like a vending machine like I'm just going to put it right here let's go to Aaron slodov he says it's still it's still one thing it's still under discussed that I think
birds birds like real downfall started with that social media account that was like death to birds I forget what it was called I remember that and that was some of the best entertainment of the era if you were a technology brother because you could go see a bird get thrown off like a eight story like Skyscraper and that's just like that speaks to like the
the childish teenage boy in everyone it was so entertaining I remember following that yeah that was really really bad they should have sent the season desisted them I'm sure they did but didn't work because it basically just encouraged everybody to like destroy go viral like just do stuff and it just like made it feel like and it was so destructive like destroyed the
environment so messy and yeah they they were destroying cars if you run over them it was a mess um I was really happy when they B B them in my town uh but uh also like weird mimetic stuff you know that the the founder was also named Travis and he was former Uber guy so it's one of those things where it's like well of course you back Travis from Uber yeah yeah Travis from Uber
yeah exactly uh it was a wild time um so Aon slodov says uh Creator economy should be reappropriated for manufacturing TBH yeah I like this this is good because it's like you're creating actual things instead of just content but uh also uh don't appreciate the anti-c content slander bro this is real job yeah uh well Aaron is a content creator he probably gets pretty decent X
payouts yeah and he's WR and he's a manufacturer and he wrote he wrote that big piece for pirate wires the the industrialist Manifesto the techno techno industrialist Manifesto um I wanted him to punch it up and give it a more controversial name like you know B sass is dead or something like that something that will get people angry but couldn't get that across the finish line
but very very good piece very long recommend you go read it we need content creators out there creating courses that say here's how to make a million dollars in manufacturing manufacturing buy C actually stop the Shopify Drop Shipping your Tik Top Shop Tik Tok shop stuff Andrew Tate's just teaching how to use a yeah start a small scale manufacturing
business in your hometown yep um that is the way we need to change the culture Apprentice under some 75 old guy who's been making you know hub caps for the last 50 years yeah all those guys are going to end up shutting their business down because they like they do like $300,000 a year in profit is not really but that's enough to pay that's enough to pay the monthly fee on a Lambo yeah
so you could literally be the hustle porn guy go and do that and actually wind up with the lambo grow it a little bit yeah just uh just don't bring in docy son just uh just run run it Le run lean runan those sign contracts they can get up into the eight figures real quick y uh let's go to Patrick Blumenthal he says my boy loud loud nightclub so what
do you do drone targeting mostly oh loan marketing do you like it well it depends on the coverage area why well most guys I know who are in finance don't really like it it's the American Psycho scene that's great this guy's just a meme machine he's like I don't know how he puts out so much of this stuff everything's hand photoshopped he has no
one on his team he's just like content Mastermind well he's a venture capitalist like he needs to like he needs to be the media he's suppos but I mean the dude's been to Ukraine like a bunch talk about this yeah yeah of course I was on pirate wires with him a while back and it's pretty C we did we we hit the range together coule months back cool yeah he was telling me about
that I think yeah he had to train up before his last his last mission but yeah American Psycho is just like a an endless pit of memes that just like it really speaks to people yeah one of the most uh I used to not really understand when my parents would be like oh this movie is a cult classic but now you understand like when we show our kids Bor at when they turn eight like we're
GNA be like it's a cult classic like yeah it is interesting I wonder if there's something deeper here about like the defense Tech guys being like the modern Patrick baitman um it still doesn't feel that like did you know that uh Christian Bale in American Psycho was like something like 25 years old Ben you should look this up um he was 25 when he
fil that he's definitely in his 20s and it's crazy because he's like he's playing it's almost like he's playing someone older like I feel totally he's playing like a late 30s that seems right because he's like a he was 25 in the movie so Patrick baitman the character has to be over 25 just based on the track unless in the '90s you could make VP at 25 is that possible I know the
youngest MD at Goldman Sachs ever made it he's not was in his in his 20s character the character's 27 wow that's wild so that might have been like a little embellishment by Brett East it's funny because last last night I had this wild moment where I pulled up to the gate in my neighborhood and the security guy goes Jordy like my son just passed
the bar and I was like that's amazing and my second question was dude how old are you I thought you I thought you were my age I seriously thought he was exactly my age I never asked and he's like dude I'm 46 there you go and he's like yeah I just had kids young whatever yeah that makes sense um but yeah I feel like something about that sort of like
90s early 2000s era movies like all the the actors Andress Wall Street was definitely this idea that you could go to Wall Street and finance and New York and in your 20s make it to the top and that's 100% true in silic Valley in Tech even today but I don't think it's been true in Manhattan Finance for decades no cuz you have over time you need to create a ladder to keep people in their
place yeah I know like a few guys that went and started funds pretty early like hedge funds and they trade public stocks you still want to go work at a fund first exact get on your resume all of them are in their 30s by the time they do that but um man what a wild time it would have been it would have been fun if they if if Wall Street had been able
to like keep that culture of like just such a meritocracy that yes a 25-year-old can be a VP or an MD or whatever like I think it'd be a lot cooler and I think a lot of people would be going into it and like it would be much much hotter make Finance great again yeah just more meritocratic I guess but a lot of these a lot of these firms I feel like calcified to the point
where they're like they're not as these guys if you're if you're 28 and you want to make $50 million now yeah you raise A500 $100 million fund with your absolute boy and you take you know yeah that's how that's the only way to do it you can't just go do the right deals because the fees will get eaten Away by the the more senior Partners yeah yeah yeah yeah tricky oh well we'll bring it
back so Nate O'Brien says why would I pay an American $100,000 a year when I can hire someone just as qualified in Argentina for a quarter of the price okay so Nate's smart um but when I and and I think this is generally a good take I think more people need to be looking at say why not both yeah why not both I think the the my the my Counterpoint to this is that I like
working with Americans like both recent immigrants but also just americ in person work in person is great I like um uh I I think that it's it's there's nothing that beats even what we have right now right which is you me and our vice president Ben in the same room in an office uh making you know a uh a wonderful media business right you can't generational a generational you know
Wonderful media business very profitable um you can't sort of like re you know there's no amount of like awesome virtual employees that we could have that could recreate this feeling like you can't recreate it in slack so I just think um part of the reason to pay pay a premium is so that you can all be in the same room together and I think if you're
operating a remote structure then you really have to start questioning yeah you know what the cure for male loneliness it's paying $100,000 to an American exactly just hang out with you they have to be your friend and then they just have to hey you want to grab lunch you have to be hanging out you got to yeah it's worth it it's worth it yeah yeah but I do think there's going to be
this there there will be this sort of cultural yeah movement over the next 20 years where people are like you know first it was bu American then now it'll be like hire American like keep those jobs here yeah but I mean yeah I mean realistically you need you need both but um yeah I like that take that's good cheers to Nate back to will will says
work dinners should be illegal they rob you from your family you pretend to enjoy drinking with strangers get home late and feel horrible the next day work breakfasts are aristocratic separate lazy boys from from early to rise men feel great when you get to work early easily expensable it's great take great take great take uh I do feel like that about most the only time you should be
having a work dinner is if you're closing a deal y like funds wired everything's yeah done celebratory right yeah doing a work uh work dinner get get to know somebody is a waste of time I always suggest lunch I don't really like doing cofes that much because I I know the schedule I want to have caffeine on and I don't want to like plan meetings around that
yeah this is my hot take against the 996 thing I'm all for working 100 hours a week but I think you should work 666 almost or that's a little demonic but uh I think you should not be working 9:00 a.m. to 9:00 p.m you should be working 6:00 am or 5 AM to 500 P pm get home have dinner with the family because then if you wake up at 5:00 you can hit the
gym you can go to work breakfast you can have a full eight hours in the office and then you can get home with a family have dinner and play watch movies do all the things that you want to do with your family yeah the that early morning right before 9:00 a.m. it's really hard to have like true engagement with the family in the way that you can at dinner you go out to dinner you can cook
there's a lot of we do things horos you know method which is work first no 957 okay 9 to five seven days a week okay right so you can have the morning moment with your kids you can have dinner but you're you're doing eight hours a day every single day which is much better than five days a week doing 12 you know hours a day you actually get more done doing the
957 yep I like that they should ban work dinners easily doable on on ramp just ban any no expensing after 5 p.m. and unlimited before hopefully it gets implemented let's go to Ryan I think it's pronounced Macintosh is that right it's spelled a little bit different than Macintosh uh but Ryan yeah says the doc you sign all hands and posts the Dune
photo which I love it's pretty seemingly pretty accurate how do they the funny thing is I've literally made this exact same joke about the a16 Z all hands yeah with a massive best oh I've pitched the full partnership it's it's huge they barely fit in the board yeah no but um but man the docu sign thing like 5K likes it's just like constant Banger everyone knows do hey if you're an up
and cominging poster and you and you've been struggling to get hits this is post a doy yeah this is the modern uh like you know how people used to post the uh two-factor authentication screenshot from Apple and they're like this is the best feature Apple's ever made and it would go viral every single time no so here's here's the real Alpha so Taylor
luren yeah uh when you listen to this if you want to um you know sort of regain and and sort of like uh sort of an olive branch to the Tech Community is to go and get hired by doy sign and get pictures at their next All Hands cuz that would be an amazing Taylor investigative journalism behind the scen at a doy sign and what if it is like this I could see it being like that
they're like hey guys we're going over to the Giants stadium for the All Hands like the buses are you know and she's on the bus like project Veritas style Love Project veritas yeah we definitely need the information to do project Veritas for docy sign what's going on there what if it's all just like the most cracked Engineers you've ever seen they don't have a
single salesperson they're just building the most deep Tech they've implemented they've built their own kernel their own operating systemc sign's awesome what if they have what if they have uh you know custom silicon for signing I bet they do all the way down it's like Google has the TPU docy sign think doc should the doc sign Processing Unit doc sign should add
autonomous drones that take off from the sort of centralized places film you film you signing it or they have a little printer that like prints it out yeah well if you need a notary you need a notary in person what if you could have a humanoid Robo robot come to your house when you're signing the mortgage papers the humanoid robot is acting as the as the uh whatever they
call it the I want a dog I want a dog not yeah exactly notary that's it yeah let's go to Bobby good latte says success should be celebrated in Tech not demonized I want to see more startup Founders looking like this post exit not apologizing and it's Elon Musk with his McLaren F1 okay two things one Bobby is this authentically yeah I was walking up to fena yep for hereticon I
see a fantastic blue Ferrari yeah sort of really nice metallic blue I don't know the exact color code but um fantastic Ferrari pulls up valet yours was red or black mine was gray gray okay subtle a little more subtle yeah um it was a DA it was a daily you got to go red with a Ferrari red8 no no what was his uh his was yeah no his was a 458 I think he he'll
correct Us in the comments but um no but bobb's living the brand uh he's he's sort of you know being a real leader here I think one of the challenges and the reason that super cars haven't become more popular in you know Silicon Valley is that it's you just can't Street Park a McLaren or a Lamborghini or a Ferrari or a Bentley you're going to coffee shops in Gary tan San Francisco you're
going to be able to Street Park uh you know an Enzo Street Park A La Ferrari Street Park your P1 um and that's something that you know Sam Alman and Elon and Gary can agree on and so they can all kind of like come together because we need safer streets in San Francisco I they also need fix the streets make sure there's no potholes because if you're driving a P1 GTR
that's why the G wagon is such a popular car in Los Angeles is the streets are actually so bad you need you need something that's four-wheel drive you need good sort of like um yeah uh we perfect P perfect pavement for the sports cars but yeah I mean there is this interesting thing where yeah it became this like status symbol to say oh I drive a Prius or whatever but I think
people realize that like the flashy cars you know I hope that people can realize that it's not like if you are an engineer and you respect engineering and you made money in technology it's okay to respect the engineering of a car yeah it's to appreciate something that's that's that's like beautifully made yeah after Murray car it's like it's it's
it's incredible it's like it's iconic and there's so much to to love about this you know the McLaren uh P1 or the the F1 they they wanted to reduce weight so much that the CD changer in the front trunk they made special magnets for it to spin to just to save like 50 grams from the CD changer yeah they didn't take the six disc CD changer out of the
car see how as a technologist how can you not appreciate that got so everybody would everybody likes to say you know Sam Alman had this thing of he didn't own equity open Ai and all this stuff uh he they would always post pictures with him in his car collection and say see he does Love Money look at him driving this P1 or all these other cars that he has it wasn't about the it
wasn't never about money it was about bu you know experiencing beautiful products and that's why people don't realize about buying a Supercar you're buying a a potentially daily experience with a oneof one product so if we want Sam to build safe AGI you know supercars are a perfect example of that they go through rigorous safety testing yep to build
this incredibly High performing vehicle yeah and uh we want anybody building AI to be experiencing a superar right because it's a it's a good parallel for sort of AI safety and you can have performance and safety at the same time yeah it's very hard to imagine like living on the power law and driving a power law outcome without enjoying and respecting power law outcomes everywhere
and there's no car that's more of a power law outcome than McLaren I want to see the average YC founder leaving Uber or meta joining YC and sleeping in their Supercar outside of the YC offices right like you can't you can sleep in a GT3 RS but you can't race a house exactly EXA know this yeah Founders get super please begging you uh so uh this is a reaction from
Sophie net cap girl um to a post by uh dasos Gupta he says recently I started telling candidates right in the first interview that grep tile offers no work life balance typical work days start at 9:00 a.m. and end at 11:00 p.m. often later and we work Saturdays sometimes also Sundays and Sophie says posting stuff like this is so cringe it's fine to have a culture that self- selects for
people that will put in long hours you want people committed to the mission especially in the early days of a startup but posting about it is just status signaling grind set hustle thing what do you think yeah I've never known somebody that posts about how hard they work that actually genuinely works hard uh and so except for us but yeah yeah
but but uh but yeah that's that's we feel that's a part of our mission to promote hard work yes um but uh but but yeah ultimately the people that work the hardest are not tweeting about it they're not posting on LinkedIn not doing that they're legitimately working really hard and if you ask them about their schedule they'll tell you oh I do 996 I do 957 whatever their schedule is
uh but yeah Elon when pressed on tell tell us about your schedule you're doing all these things right he'll say oh yeah I work 20 hours a day seven days a week uh but he's not out there like just logged another 20 hours like he's a top poster in the world and he's not being like just loged 20 hours uh here a link to our SpaceX job board don't apply if
you're not um so I think yeah I think uh Sophie's right it's a way to get uh attention maybe that maybe that'll uh maybe that'll work well yeah but I don't think it should be coming from I think that's the kind of thing you want if you do an an interview with a candidate and you're like this person's great you pass them to your CTO to interview next and
that engineer wants to ask the CTO what's the work schedule they can be like oh we you know we we we work really long hours people are online constantly but it shouldn't be the CEO leading it being like sure just so you know like to somebody who's like the the candidate's like dude this is one out of 30 interviews I'm doing and like I don't even really want to join your company
and now you're telling me like don't join if you're not it's just going to like yeah also I mean the timing on this stuff is like super important like a few years ago when Google was like well there's 20% time and family leave and pet leave and countercultural like hey actually ours pry hard and was novel and that got a lot of attention for the right reasons
because maybe there was something there but then pretty quickly it became like okay now like it's kind of status quo and if you're just jumping on this train right now it's like it's like coming out and being like I'm bravely anti- Dei it's like okay coin good Google good Google story so my little brother and my fraternity uh he did an internship at Google in 2017
and I happened to be in the valley working with a startup at that time uh this was like a summer period so it was like a four three to four month internship yeah and he by the end his manager was like Peter like I really like you but like you objectively have done no work like I don't know how I can sort of write a positive review and Peter had in the leadup to that uh in
the lead up to that summer he had maxed out a bunch of credit cards to buy ethereum and Bitcoin and it absolutely paid off like he just like became like very wealthy because of it I'm sure he's um um if he's listening to this I'm sure he's like got his like uh whatever Bitcoin ticker coin ticker up and he's just like still excited about it but like the guy just basically like went so
long crypto on credit cards that by the time he got to his Google internship he was just like yeah I'm like lowkey like the wealthiest kid that I know and and and so he would graciously have me over to work out in the gym great salmon dinners fantastic uh and that was the only real like time that I spent at the Google offices but it yeah it felt like
felt like a college where people were kind of like doing the bare minimum to actually like get by and just wanted to have fun and and enjoy their their time on campus makes sense let's go to Nal he says good VCS should be their own media this is this is a banger because the master yeah Nal is the master of taking something that is why how to get rich
without getting lucky that thread phenomenal got him on Joe Rogan then Eric turned his all of his tweets into a book yep he's like phenomenal at this yeah but taking the sort of so he's talking about this but he's also lived it which is great yeah yeah so many other VCS have done this well yeah I think um Harry steings yeah even the work that did on the book I think nval
is known for for posting being one of the top posters in the entire world uh in his own way right he's very oriented around brevity and taking big ideas and putting them into whatever I can't see from here but six or seven words yeah um but even the book Eric's you know book Almanac of rant he that turned him into a uh he's a one of one of a handful of
people that are true Tech philosophers yep and um yeah this big deal for think about it because I kind of knew nval and the book was you know based on the tweets and so I I didn't think the book was going to be that big of a deal but it was it was huge and it got translated into a lot of languages and really opened up the business this is why anybody that's that's an LP out there
should go and invest in uh Pat's fund right Pat Blumenthal incredible poster uh you're sitting here like whatever 30 minutes ago saying like how does keep coming up with this stuff he's just like and Pat will get more impressions in the next year than most GPS in the world combined and it just completely flips the model from like okay I need a hord
of analysts cold calling companies to they come to me Venture is all about uh liability and access right and like likability likability plus attention gets you that access yep and Founders want to take money from people that they like yep so if you're a likable person and you should be doing more media more posting y more podcasts um Etc yeah yeah makes a lot of
sense um let's go to TJ Parker uh former founder sold this company for a billion dollars I believe to Amazon uh now at Matrix Ventures right health health Tech investor Health Tech investor uh phenomenal Car Guy great collector fantastic car collection uh every time I post something stupid about cars he always replies with some good Insight I can bait him I I can bait him into
telling me about cars so he's got he's got the coolest car club in America I think in Park City have you been uh I haven't we got to go some point he's you know basically spent a bunch of money bunch of his own money building out this incredible facility that's becoming the Hub of car culture Y in uh in Utah and I think what he says he he has he had to
take a while back that like really resonated which is that Tesla should not be allowed to classify as a black car on Uber oh yeah cuz there's nothing worse than like paying to like get like a a black car on Uber and then this guy pulls up in a Model S and you're like dude like give me a break like um but uh here he says my two cents don't bring
your co-founder te to an initial meeting with an investor it's great to introduce them later in the process but early on it cripples your ability to build a relationship if they're complaining about not being included you can show them this tweet it's so funny this is clearly a sub tweet where him he he had some as an investor with a founder and he brought the whole team and it was
like a very messy conversation no but sometimes this can be this can create totally create if you have two Founders that are both people people and like good at fundraising it creates this dilemma where oh it's an important conversation we should both be on it and I 100% agree with this y you can't two people cannot connect y like if we had a third person here that was constantly
budding in like Rhythm would be totally thrown off totally and um yeah I think that it's much you're much better off take the first call solo take even a second call solo yep as you actually build that relationship and that Rapport and interest in and in partnering then bring in the rest of the team but it totally throws off the The Vi typically
like the co-founders and team are like operating they have a ton of stuff to do they don't need to take a bunch of intro meetings with a bunch of VCS ask Dum questions it's a totally negative signal if somebody is oh yeah my my CTO can totally be on 40 investor calls this week yeah right yeah no way yeah um good post uh back to Aaron slodov he says
Venture Capital now I just led a $50 million series B into my fourth calendar scheduling app this year because their Zoom integration reduces meeting conflicts by 6% the founder went to Stanford and worked at stripe for eight months so downside risk is basically zero plus their deck had really clean margins uh venture capital in the 1600s which is funny go so back yeah yeah uh
so far back I just funded an armed Fleet to conquer the only islands in the world that grow nutmeg if we seize their nutmeg trees and eliminate all competition will make 60,000 per returns and become more powerful than most European kingdoms combined man this really resonated 14,000 likes yeah Millions venture capital is mainstream venture capital is
very mainstream and I think everyone's dissatisfied with the risk that Venture capitalists are taking these days too manyan it wasn't the wasn't the there's there's the remind me of the power law of that book yeah talk about like wailing was some of the first start yeah wailing you you You' pay a ship here's a ship here's a captain here's a team most likely it's not coming back but if it
does you're rich yeah yeah wow yeah yeah yeah that and the the carry model emerged from that I think so yeah that's amazing essentially yeah amazing and you need a management VF every time every time you get a carry check you know think back into the 1600 your whale oil lamp and yeah yeah breathe it in breath it in I I was at a nuclear conference
and I was talking to a guy who does uh like ai ai data center build outs and he was talking about the importance of energy and just the fact that these AI like we should make a we should make a whale blubber candle to help VC's manifest carry checks oh that's good I like that yeah uh like a little circle set up where they can just sit in the middle of it and just like kind of
breathe in the probably smells a little bit whale that but um yeah but his his his joke was that uh was that like these these hyperscalers are so dedicated to getting energy right now that they would burn whale oil if they had to because they just need energy and they'll just take it from wherever they can because it's such a race to get to the next uh the next order magnitude yeah we were
talking about coal you're not a serious AI founder if you're not like thinking about spinning up coal Coal natural gas natural gas all this stuff but whale blubber is the next Frontier and uh into this um that unlocks the next scaling tier for sure blubber blubber okay let's go to Bryce he uh quote tweets David Phillips saying vacation for Founders don't fix burnout
address what's wrong you'll feel better and Bryce says you cannot vacation your way out of burnout we already talked about this a little bit it's true uh vacations I don't know I not not a fan burnout is a symptom that what you're working on is not working yeah like it's rare or you're having like massive people issues right joshman here you can't even sabatical your way out of it
like you have to be working on something that's more iky more life's work more more life work but also a lot of people are perfectly happy building a SAS company even if it's their not their life's work okay then do they get burned out or not if customers love the product they're growing month over month and they have a great team around them right
CU winning feels good is when you're not win and you know you're not winning and you're just like getting you're like chewing glass chewing 10 different types of glass and you know it but your burnout usually comes from knowing you're in a bad situation and not doing anything about it yeah I wonder if you looked at like the cases of burnout how many examples can you find of someone
burning out when growth rates are at all times High all time highs yeah I thinks I think you get strung out sure but that's very different but not burnout burnouts where I was used to 200% growth now at 30% and and it takes me 10 times as long to get burnout yeah burnouts like losing conviction in what you're doing or or again like if you're if if
customers are churning nonstop and you're not doing something to fix that then get I think the answer is just to yeah change change what you're doing change like your your main if you're if you're a meetings guy switch to something else if you're doing email constantly switch to something else like jar yourself out of your patter yeah but all of those are like more like
exhaustion which I think is different than burnout okay so how do you fix burnout what's the top way burnout comes when you're not delivering for shareholders yeah so I mean the short employes your investors yeah start delivering no it really is like a fundamental like reframe on that yeah like I'd love uh and it's going to be different for every business yeah okay
burnout and again like this is not uh when when a Founder that's building a great a wonderful B2B SAS company and they go do iasa and then they come back and they're like well I don't want to work on this anymore that's not burnout that's mental illness yep self-induced mental illness yeah let's go to Delian Delian says uh in January of 2020 I decided to wear a
Maga hat in San Francisco every day for the full month I remember him wearing it once I don't I didn't realize he did it every day walking to every meeting I felt that the country and my tech peers did not appreciate how the Maga hat was a symbol of Hope for the average working American not a symbol of hate 5 years later I arrest my case fascinating I
mean I remember the backlash to this was intense intense like a lot of people were really really upset about this and what's interesting is that it was in some ways more controversial than Peter donating to Trump and speaking at the convention because the Hat was more visceral of a of a symbol and it had been so so so controversial but wow what an arc to come back from fascinating
yeah the whole uh Delan should frame this they should put in the founders fund office purely as being willing to look stupid or silly candidate there brother of the weak candidate for sure um he he deserves a plaque for that because yeah it was the hate was very real I guarante you he had thousands of messages being like you're an idiot I don't even think
he had that many supporters it wasn't as it wasn't as like it it still very contrar and this year it was very consensus where if you came out if you were just some random VC or founder which Delan kind of was at the time in 2020 I don't think he was a partner yet and uh if you did that this cycle in 2024 you would immediately get like a quote tweet from like Elon and David
Sachs being like this is incredible welcome to the club like you're some like it was a way to actually climb the status ranks in Tech which made it a little bit more mimetic a little bit less contrarian but it was a lot less risky the least heretical people at hereticon were wearing Maga hats and it was he was wearing a red hat but it was
make Founders fun great again and to play on it you know kind it was always a fresh a fresh Maga hat clearly somebody like packed it up put it in their bag brought it to hereticon snuck it into F put it on and then like took it off on the way out yeah yeah yeah yeah yeah but uh yeah it really is fascinating that that that position became basically
consensus in Tech I was talking to somebody who was like it was saying like I cannot believe this is somebody at FF who uh you know lived through the the 2016 teal stuff which was like I mean there were protesters outside of his house it was insane um so many hit pieces um and he was just saying like I cannot believe this was in the summer when everyone was like Pro Trump before
Biden dropped out and Kamala wasn't even like an idea yet like I cannot believe that Donald Trump is the current thing and he really was he became the current thing he became like everyone just needs to be like yeah ra Wild So speaking of uh contrarians speaking of contrarians uh go I know how to pronounce his name right yeah now go says Jarvis buy $ 42 billion doll more
Bitcoin and it's uh Michael sailor in the Iron Man helmet uh just so Vindicated this guy was seen as such a joke for so long long and now and went and went on all like my most my memories of him are on these major y Trad TV shows just being like yes I bought 42 more 42 more million wor lot no but I mean he's like he's gonna he's he's been he was he did
something that he wasn't saying publicly because I don't think he could have yeah but it was a way that you could buy bit buy exposure to bitcoin without buying Bitcoin in the public you know it's so odd because there's there's there's micro strategy his company which I think essentially Trad at the book value of the Bitcoin essentially Bitcoin goes up
10% his stock is up 10% I don't think they do a lot of other business now it's mostly just a Bitcoin holding company but then there's also the Bitcoin ETF grayscale and a bunch of other black rock has one and then there's also you could go and buy synthetic Bitcoin on Robin Hood or you could buy on real Bitcoin in on coinbase or you could self custody and there's this wild gradient
of like ways to get exposure to bitcoin but I think all of that has been a big piece of what's Driven the bull run is just more and more people can yeah but a good example of like he looked like an idiot for a long time and has been Vindicated so hats off for real okay back to back to Nate O'Brien he says one of the greatest threats to an entrepreneur is when they find
themselves in the five to10 million do range of liquid assets you lose your hunger you get comfortable it's a dangerous spot to be in so here's what I would do and I L up yeah lever up L up no I mean if I was uh yeah risk it all so that you feel like you got step one always lever up yeah uh start trading options like aggressively um but something to Levering up where have 5 to
10 million like you could go and buy a hundred million doll business yeah you could and then you could just be the the the owner operator of a pretty large business and maybe that's great maybe you take that to a billion maybe that's how you get there um as opposed to I think what he's worried about is like yeah you buy a house and you you wind up
with all these costs and you're just like oh yeah like my my life now just costs a million dollars a year and so I'm not really growing or trying anything bold yeah if I had a Founder that that pitched me for their seed Stage Company and they and they were like yeah I've got about 10 million liquid i' I would invest but I'd encourage them to give it away first
because they're just not going to have that you know like the grind they're not going to have that grind set no the uh the the the another Counterpoint because I think that Nate is right but the other point of view here is that I've seen Founders that already have a certain amount of wealth be able to work on something for a long time sure and stay convicted in it yep without sort of
weying because they're not like the sort of like they're not operating from Fear they're operating purely from winning yep and the example is I think YC did an analysis on their portfolio and they found that Founders that came from money had a higher likelihood of success which you could attribute to oh their parents had connections and provided capital and
and resource and advice but it also is that they just were it's more in the state of when you have 10ish million liquid you're kind of in the state of play where the stakes are lower right where you're just like I'm just building this to win I'm not doing it because I need it to you know pay my mortgage or I need it so that I can put my kids through college or whatever uh so I
actually think it could be he's right that it could be could uh decrease somebody's ability to really like grind but it also could open them up to be like all I care about is winning I'm going to win at all cost I'm going to be willing to look stupid for some amount of time um so I think it can be a tool yep I like that your buddy Dylan says uh
posts a screenshot Netflix finally gives up on interactive shows pivots to gen AI for games and Dylan says Netflix is ending its interactive equip interactive experiment but I still believe the future of TV lies in content that you can engage with we've seen it with HQ trivia bander snap match and to a certain extent crypto the game I think that was his company right y um someone
will do it at scale my guess live on screen betting while watching sports yeah oh I like that yeah yeah um anyway so Dylan uh helped build HQ trivia into a monster uh then uh he I think he was at um where was he at he was at not Uber Eats but he was at um the one in La uh bastion's company oh yeah um Postmates Postmates uh and then he after we had
started doing some party round drops and getting some attention he dm'd me and he was like like this looks like as fun as it was at HQ ends up joining the team and um and then after uh after party round uh he ended up starting this interactive uh onchain crypto game that went super super viral and within six he didn't raise any money within six months
sold it to Unis swaps who's over at Unis swap now but super super smart around uh media and and honestly like it's kind of insane that there hasn't been an HQ like a a a phenomena like HQ that's since HQ right you can't really think of Clubhouse a little bit Clubhouse but that was like not that was social media y HQ was entertainment entertainment game and it was something that even your
you know your mom or your aunt or your uncle or whatever would be messaging you about and playing and it was like really in the the Ze should we talk about bet on love or is that too much Alpha yeah yeah I think I think I I brought it I brought it I brought it up to Dylan because I was like you should you should do this so yeah Jordan and I had an idea
uh so Dylan's betting on uh the winner in this interactive entertainment at scale being live onscreen betting while watching sports which is already kind of happening with second screening where you're watching a football game and you're on DraftKings or whatever the other one is um uh to uh you know bet on the game you're watching but um we Jordan and I were talking about how way
underrated is maybe betting on something like the bachelor yeah because there's a huge audience there no one's really modernized that format like the uh like the the classic game show has been uh kind of revitalized by um by uh Mr Beast but if if you could have a a you know a a a dating show where you can bet on who's going to win and it's all done via
poly or something not who's going to win I want bets multiple opportunities to bet every single yeah who's going to get voted off this episode right who's going to who's going to get the first kiss or who's going to get the rose or whatever the whatever happens I think that that' just be a very interesting very different format and maybe there's a money component maybe it's just like
longterm there probably is like a financial betting but even just more audience par participation more interaction that feels like the way things are going if there's one thing it's Americans love one thing that's truly American is speculation right even coming to this country hundreds of years ago was speculation in itself so it's cordor our culture if you're an
entrepreneur that wants to build at the intersection of entertainment and speculation make a reality TV show that you can bet on I love it let's go to Sarah Hass she says uh startups at the Pentagon I built a Quantum AI autonomous drone the Pentagon cool can it run on Windows XP and fit on a floppy disc yeah this is uh Sarah Sarah's very sharp around this stuff and um I think
uh more plugged into to the defense world like actually plugged in not just from a venture capital standpoint yeah she worked in the uh I think CIA yeah um now an investor classic pipeline CIA to venture capital many such um you have to keep climbing the mountain the the question I have about this is like should we be putting this on the or should we be
putting this on Microsoft like Microsoft like go in and pro bono get the government on the latest and greatest software like just do whatever that work is instead of just continuing to start charge XP licenses like like you have some sort of like moral duty this is your way that you can give back even bigger than your ESG commitments just commit to I mean we joke about the
ramp you you know uh thing like the government should run on ramp but like maybe it actually should and maybe that that should be a lower margin piece of ramp's business but it's it's how they actually wind up having a lot of impact and same thing with Microsoft like get them off XP like just go and do the work you have the engineers you have a
million Engineers like go deploy them forward deploy them and and get and get the get the government on the latest and greatest yeah but paler anderol have done a ton of heavy lifting for all the startups now building in those categories because they've gotten the government on board with a lot of new technologies and done a lot of that heavy lifting and the way they get paid
back for it is the companies that don't quite make it but build some great technology will eventually get absorbed by paler and androll and then they get the benefit of all that sort of capex and and investment and Technology uh palun now they have the AIP program have you seen this where startups can build on top of the paler platform so if
you're building SAS and uh there's going to be some really cool news about that I was talking to the team so we'll cover that later this week week when it goes live but um really really bullish on that I love the idea of paler being like this this data layer that then other companies can come in build stuff on because there's just so many like you talk to people who worked for the
government during like the paler story and a lot of them are like oh yeah like I always like love the idea of paler but like my unit never got access to it I actually never I actually never interacted with paler while I was at NSA or CIA or DOD or whatever and that shouldn't be the case the case is probably just that pal doesn't have the bandwidth to build oh
procurement all these different things but but like if you can create that abstraction layer and be like the Windows XP essentially like that's really valuable yeah the market is is clearly repricing paler right now oh yeah they just flipped they just flipped locked Martin uh which is crazy but one reason for that is that uh they are now they could effectively become own the
app store for the dod right the Pentagon or the G right where hey if you want to build software and hardware and other products uh for the government you need to build on pal and long term that's kind of the andal thesis as well with the lattice software totally is like all everything that's equipment based will interface with this one thing and you
could see them opening that up at some point to a cruise missile or some other company where maybe they don't maybe they acquire it maybe they partner with it but like there's some interaction I was talking to the andal guys about the the technology that is used for communications systems and they were just griping about like it it makes like HTTP look like rocket science like it's
like insane how Legacy these things are just to like set up a communication line to like a green light on like is the F35 still in the sky like that interaction is just like the most like outdated system built in the 70s and just maintained yeah so yeah Jacob hellberg writes uh let that sink in paler just flipped locked Martin and I and it's funny because just like a week ago I I
posted uh a screenshot that sham Sankar the CTO at paler uh created for his website about AIP and his uh uh second breakfast initiative uh and it was uh the defense tech companies like paler relative to locky based on employees and market cap and and paler was like kind of middle of the pack but when you looked at market cap to employees paler
was like a few thousand and the other primes have like tens of thousands or hundreds of thousands and so it was impressive then but now it's just going to be like peners at the top they most market cap and the least employees and like every metric is just the best it's like total power law winner and uh yeah just really really remarkable Story I mean like long grind like there was a
time when palander was I think like kind of hanging out in like the the single digit to 10 20 billion range for like a decade because they grew and they and they got through like the V everybody saying oh it's just Consulting yeah just Consulting there's no real platform play there and then the AI stuff happens and they actually have their everything in
and the other companies just can't compete because like they did the hard work first so yeah super valuable congrats to everyone at pal and the culture there is the culture there from everything I've heard is ridiculous crazy we saw we saw uh uh Unice talking about like you know no Kipping pull-ups like that how do you keep that going 20 years in that's crazy you would think
they would have evolved just to like a Normy tech company all all the engineers that that historically would have gone to Google and then just decided when Google you know with project Maven right decided to say like you know we don't want this a part of our platform create an opportunity for paler to hover up all those people that uh clearly care about
the country and and our our Patriots want to put their skills to use oh this is a rough one this might be the anti- brother of the week the the a wag of the finger to Jensen Wong the founder and CEO of Nvidia he says he doesn't wear a watch and he has a very you know this is 37 second clip from a uh interview that he did where he explains that he you
know the most important time is right now and so he doesn't need to wear a watch but he's missing a critical thing which is that a watch doesn't tell you the time of day it tells you the time of your life it tells you where you are not in the day it tells other people where you are in your life exactly and so I think we got to we we got to get this guy a hitter yeah I think that's uh yeah
you were talking about how Putin whenever he does an interview he places his watch on the table as a way to signal to the world what kind of man he is if you weren't familiar with Putin you're going to see his watch and start to get an idea of who he is just by his time piece I I I want to read more into that because I wonder if it's like almost like a threatening thing he's
like taking you know you take your watch off before you get in a fist fight yeah and so he's taking his watch off down to like be like if this interview doesn't go well like I'm ready to fight almost there's like a million stat thing it is it is he's probably got one of the better watch collections I think it might be the kind of thing in Russia
where you want to have a nice watch collection if you're an oligarch but you don't want to ever be have it be nicer than than the top dog right someone who can challenge you yeah yeah you don't want to challenge Putin's collection but you would think that I mean I feel like Jensen's like you know a hair's breath away from becoming a watch guy like so
much does yeah so much of what what Nvidia does is precision manufacturing and he should be able to respect Lear a l the the work of a Pac the work the work of a AP like he should be able to get into that we saw Zuck did briefly and developed a great a a wonderful I'd like to see a one a one of one uh Nvidia GPU watch that you can see the intricate detail of the
GPU we got to get that made and then we'll send it to them and then they'll come on the show um but uh yeah also I mean he he's he's famous for doing that Jersey swap with Zuck do you remember that where uh Zuck was wearing some sort of like mountaineering coat almost like very like puffy and Jensen was wearing the uh leather the iconic leather jacket
and they swapped jackets and took a picture was a jersey swap fantastic I mean swapping watches that would be very cool too um there's something there but we'll get them soon you can be redeemed Jensen it's within your abilities I believe so uh David bosovik says I woke up in a cold sweat last night from a nightmare I had spent all of our money on Google ads in one day because I had
accidentally removed the limit on my TR ramp card someone should figure out how to sell brand placement in dreams like this it's a new frer so I I I would wear one of those uh I'd wear a wearable if it was going to project ads into my brain yes at while I so you can make more educated decis yeah exactly I mean I'm as a student as a businessman as a student of
capitalism I learn a from ads I learn what's you know what uh what's selling what's not I learn about my own taste I learn about what I want to want to purchase I learn about products and services I can I can buy to help grow technology Brothers right and so if I could sit down right before bed and put on my little wearable and have it be projecting ads into my dreams I would I
would pay for that right it's like um that's why I pay I pay for x and the only downside of X premium is it actually shows less ads right exactly um which is a big bummer but um but yeah I I I can relate to that nightmare um and and and the ramp team says our team is working hard to ensure your policy guard rails stay in place in your dreams there you go they hired a good
person to run their social media them um SE Taylor says you're not online enough couldn't have said it better myself simp simple simple yeah I mean part of our part of our work here at technology Brothers is to uh is to be almost like a brain rot shield for our audience so if you're worried about spending too much time in the timeline we uh basically are are a layer over the
timeline to help surface the most relevant content and then provide hard-hitting analysis on it but but it doesn't always have to be that way it can also be you're online for six hours you have an extra three hours at the end of the day throw on technology Brothers you get another three hours of content well here's the thing sometimes a Founder will call me and they say like
hey I'm having a rough day this custom customer integration isn't going well I'm having this issue with my head of engineering whatever it is and almost always I tell them drink to Celsius have some some Lucy or Excel and go sit outside ideally in the sun if it's if it's daytime and just scroll like give yourself a couple hours to scroll and just don't stop right I
think all the fees have gotten to the point where they're not you're never really going to hit the end I remember that was like a 2010 era social thing where be like you reached all the content right but I haven't hit the end in a decade almost right so go outside get some sun caffeine nicotine and just scroll a little bit um and I promise you
like that that sort of creative juices will start flowing you're start getting into this sort of problem solving mentality and you'll make your life better so couldn't agree more uh Andrew Eder says first impression of my daylight Co the hype is Justified shockingly responsive distractions non-existent decent chance this becomes my primary work computer oh this is the
high refresh rate eink screen tablet I saw this uh so yeah uh Andrew good buddy and uh was on my team at uh party round uh phenomenal writer works with a bunch of other startups now uh so his primary work is meeting with companies that he works with through his agency words MH uh words SS word ss.com um and and uh you know so his he's primary primarily interfacing with
clients and writing and so daylight computers a really good um uh product for that because it it it um it's a product that is is trying to uh take all the advancements in computer technology that we have today but sort of like make it more analog so they eliminate uh color y uh they make it uh less basically less engaging overall so that
in theory it helps you to actually get more work done this is live like you can just go buy one of these yeah so they they've they've been working um yeah I don't have mine yet they uh they're working through like pre-order list but they are delivering now I use the product it could never replace like this experience paper but I mean for other that's what they're
trying to do they're trying to kill they're trying to take out big paper good luck um Good Luck Good Lu a lot of um yeah I use better CH better chance taking down apple on the iPad but you're never taking this for my cold dead hands will you take my we'll cut down the trees ourselves if we have to uh but no I I tried the daylight for the first time I think it was over like six or
seven months ago yeah and this is one of those things like a lot of the cool Trends in technology now are are sort of making stuff more analog more retro mod retro is an example which is nostalgic who knows if daylight is like going to be as big as Apple but I'm so happy that it exists and I want it to be a great company and I think it' probably be a
fantastic can make money that was the invest uh anjon the founder when I was talking to him I kind of almost laugh when he told me the valuation yeah but then he basically was like look like if we can become uh if we can sell millions of devices like this is going to be really cheap right and I and I think that uh with the sort of anti-blue light movement some other stuff like that it
has massive potential so yeah yeah that's great shout out to Andrew and and uh on John that's awesome let's go to uh Steven Simone says cheap drones aren't going out of style anytime soon thanks wired for covering Allen control systems and wir right the AI machine gun of the future is already here and it's a some sort of machine gun mounted on the back
of a truck yeah so you know this company pretty well yeah so I I am an adviser to uh AC ACS uh David Sachs famous political podcaster actually was I think their first investor because he he backed Steve's last company I think it was um but uh but yeah Steve has been for the last like year and a half two years building um anti-ron anti- drone uh gun turrets so one of the big
problems in Modern Warfare is you have this proliferation of really cheap drones that can just fly across the battlefield and just um and so uh they're very difficult to take out as a human because you're sort of aiming a gun shotguns aren't long enough range rifles is just too hard to hit things and so ACS has built this uh phenomenal product that can take out uh drones
fully autonomously so this is this is Terminator terminator's here it's mounted to the back of a Toyota pickup truck in Texas right now on the testing grounds um and they've just made some like really uh incredible progress over the last year uh all the way to there's some cool videos out there they're public now but uh you can see the ACs uh
gun turret like taking out drone taking out bunch of Chinese drones which is cool using them as target practice um and uh yeah they did uh they did a demo day recently uh for a number of uh investors and I was joking with Steve about it's pretty funny to think about like five VCS seeing the same awesome demo at this at the same time and like looking around being like all right like
I'm it's it's mono mono now sharp elbows sharp elbows um yeah I mean Steve is I I think uh I think he's the the the going to be looked back as the as the TK of defense like he's like one of one individual and um built a ridiculous team and and on a mission so awesome thank you to Steve for keeping us safe yeah let's go to Zach says gamer is up next as a word to
describe the obsessed notice a lot with Runners athletes who compete hard and smart Gamers gamers I like that there's a lot of gamer lingo that people that gen Z is adopting like one I'm one shot or like one shotted one oneshotting is is that concept taken uh out yeah I think we need to uh so gamer is going to take me a little bit to work it in I I understanding the definition I I
identify I'm a bit of a gamer you're a gamer our VP Ben's a gamer uh but uh but yeah I want to bring the 360 no scope into the lingo so like business context so if somebody like posts a banger tweet Y and then somebody in the comment section replies I'm going to sign up for your product right now and use it that's almost like a 360 no C because a good
post is this sort of like elegant thing that's hard to do you're you know you're doing a lot at once are you familiar with the term pre-made no so if you if you go on uh like counter- strike or Call of Duty and you're playing like the competitive modes like 5v5 6v6 normally you just get matched with random people so it's very hard to coordinate because
like who's the sniper who's the machine gunner Medic or whatever um but the way to really win is to make a quotequote pre-made where you and your boys all are in the lobby beforehand and so you show up it's you and everyone knows like okay I'm G to go left you're going to go right and we're really good on the comms and we know not to fight and talk over each other and you're going up against
randoms so if you have a pre-made you're locked in and when I think about the teams that show up with startups like and raise 50 million yeah like like all very much a pre-made in the sense that you have palmer but then you also have like three paler Executives it's like how is that not going to be successful they really stack the deck in their favor right so your compy as a pre-made
that's like to see uh company X accounts like start to use GG so like R when ramp launch launches a bunch of new functionality I want to see brex just reply to it and say gg gg well played yeah GG well played and then they just delete their account good luck have fun G yeah I mean there's so much gamer lingo we can bring over and it's a again it's
like a way to Signal like in group so very valuable uh uh Sam gerstenzang gersen Zang says wow a16z is hiring a full-time person just to keep track of carry and it's a job for their internal HR team so this is awesome because it shows the evolution of venture capital right it's becoming mainstream it's it's learning everything that traditional private Equity learned
in the 9s MH we're just relearning it just like cryptos like speed running like Financial regulation um so anyways uh bullish bullish for Andre I can't wait for them to go public uh so that so that everybody can can own a piece of that um monster um and I to me the signal is like we're getting ready to go public right like it's one thing when
it's just the GPS and they're sort of managing carry internally they have a CFO they must right sure they do must have a huge Finance team any any any m billion doll a fund without a CFO would be concerning yeah but like it's interesting that we don't know their CFO like we know some of their comms people like Mar that's I'm ready for I'm ready for
Andre uh earnings calls with the CFO that's going to be we're gonna have to do live stream for that fantastic I guess the question is will the other funds uh go short you know Sequoia they're set up to take long and short positions in the public markets what if they're like you know what we open a big short position we we're shorting in try to attack the brand exactly exactly like
Hindenberg research from AOA and and be devastating yeah yeah Sean would do that the dark sea dark seoa uh Love Sean I think he's in the stack somewhere um Kate Clark tweets some personal news Bloomberg hires Clark to cover VC and startups so she was at the information she was at the information so this is this is why right now you know the the
technology Publications you got TMZ the information you've got newcomer new Next Generation they should have like a fantasy sports for Tech uh journalism where you like build your team ands where's the poly Market poly Market on the trades and then there should definitely be like a draft day where you get the best posters and the information Bloomberg Forbes they all have to you
know they they get rankings based on you know oh they didn't get that many views last year that the top of the ranking they get to pick the best posters right so there should be a draft day there should be fantasy you should be able to build a team and and and ultimately bet on this you should be able to gamble on it yeah and you see like you know Cara
swier has had a very antagonistic relationship with the technology industry and I think one of the reasons is she watched all of her peers at the time become wealthy so this competition within different you know media companies for Tech journalists is actually good they're all going to make more money I think I saw uh newcomers paying like 300 350k to hire journalists you know I
would expect Kate Clark is is you know this I would expect this is like a seven seven figure contract over four years you know it's not NBA money yet but I mean pretty soon we're going to start seeing the 360 deals the sponsorships like you know what kind of Jersey are they wearing if they go to a conference you know um if they're going to be on
Emily Changs the circuit throw some logos on that shirt or that blouse but yeah I think I think uh journalists have um we think of these media companies as these sort of big brands that carry a lot of weight uh but um like it's it's Bloomberg yeah Bloomberg got her Bloomberg is going to become much more relevant because Kate actually gets scoops and she uh she's very good
she like is not just like you know using chat GPT to summarize what someone else talked about online no she tra trades information yeah I'm excited for the shoe deals I want to see like you know Laurel Piana or something be like oh yeah we got an exclusive deal with this person when you see them on on uh CNBC giving some giving some box like oh yeah they're repping our gear yeah be
great um aush writes um new founder kpi dropped testosterone level the average YC founder seed stage is 30 344 nanograms per deciliter Yours Truly 727 nanograms per decil and did you see this underlying study I I I know the guy who did it yeah I think his name is Michael uh and uh yeah not so that's that's not really low yeah I think so here's what
we got to look into one not surprised that I us uh has such high te it's probably why he's had some some a little bit of controver but like the guy's online constantly he grinding his entire team is grinding he's like extremely smart and um uh very just like hardworking and and that's probably because where his tea levels are at but um we got to go to
YC combinator do some investigative journalism ourselves because I would guess that they're handing out a little bit too much uh plastic bottle water cuz how else can you explain average that's um the positive thing though is that those YC should just be T-Bone Stakes yeah ex no water no water even though water's Lindy yeah uh but yeah I the positive thing from from that
study though is that it seemed like the the more Venture Capital the founders raised the higher their tea levels were yes yes and so I think that's a positive trend which tells me and uh why combinator should just invest more money in because there could be it actually could be that more venture capit is actually just pulling up their testosterone levels so they have so many
unicorns in a batch they should probably just start like investing real size you know like make the entry check $10 million yeah yeah I mean uh there's a million ways to up upregulate te and uh they got new trend it's not the all birds I'll tell you that uh Justin Moore at Venture twins says new a16z investment thesis AI ex parenting raising kids is one of our most
challenging and important jobs jobs every parent needs support sometimes but many can't access it because it's too expensive or inaccessible AI changes this what we're seeing and then there's a uh Market map okay so two reasons that I I think this is smart one audio is a fantastic interface for kids y uh because parents don't want their kids on screens I got this thing for my son
called a Yoto I have one I set one up honestly honestly my son locks in like he he puts on something and then he goes and reads books and stuff and just plays Legos well and he has all these custom cards you can download any music and put it on a custom card it's so great it's so great uh so anyways for parents like even 20 minutes of of time where their
kid is doing something solo is like massively valuable so parents will spend a lot of money for something like this Y in general parents will pay for anything educational pretty quickly for their kids y uh and then the other thing is like audio to date has not been the best interface for adults because we're ADHD we we have like we we need that are kind
of like moving faster than audio typically provides but for kids it's it's just absolutely fantastic and so I I what I've wanted to see is somebody something like what AI is doing for friend but for kids because if you get give kids this digital companion that has certain guard rails that can talk with them that can teach them things that they can ask questions to Y I'm I
would love to back a company that's that's doing that specifically I think there's been some toy companies that are integrating llms which is cool but but yeah like a little pendant typee thing that has a speaker on it that even just robot dog that follows you around but you can also ask it like what's that un tree unit tree robotics or Boston
Dynamics I want a robot dog that I can strap an AR to that has a like uh you know speaker a polycom attached to it so I can talk to my kid and the dog just protects the kid and hangs out it's their best friend man's best friend great it's got an AR on it I love it um and uh anyway so let's go to Andrea D Huber woman PhD uh she says whyc should add some cute ladies to the workplace
purely for the sake of their Founders low tea levels of course uh we're back on T levels at at y YC back on T levels at YC this is funny because like you know why commentator has been criticized a lot for for not having enough women in the cohorts um but uh yeah maybe this is like now a right-wing critique of the lack of of feminine energy at YC yeah so the the issue is why's fully remote
now oh no I think they went back in person really they're back in person okay that was just during the co years oh but but do they actually have like an a you can't work from there every day but you can go in for dinners and office hours so yeah I think this is probably uh they're what they're dealing with is is not just like a small issue like it's an
epidemic right I would I would imagine that some Founders are going to start not applying for YC because they have high tea and they one don't want to be around men with low tea cuz it's just a drag right and two they're worried if they join their te is going to drop dramatically sure or that they'll be so they need they need to not it's not like oh adding secretaries is is one approach
removing plastic bottle water is another but they need to they need to try like 20 things at once and see see what sticks because it's going to that is YC is one of the greatest institutions to to be created within Silicon Valley in the last whatever is it it's almost 20 or 20ish years now uh they got to save and I think Gary will I think Gary will
get on it uh do you know this Congressman Waltz do you know this guy I feel like we had him in here previously uh this is funny because it's like a very Twitter native format but it's from an official congressman's press Twitter and so says Waltz how much do you think the Air Force pays for this bag of bushings U USAF secretary Kendall I don't know Congressman Walt says
$90,000 so we've run into these again and again there's just so many things first there was soap dispensers exits called out yep now it's bushings yep but it's also the seat belts on the planes the the the urals all these different things they're all way this is why Kimia this is why kimia's company is going to rip is because we're going to introduce
competition into the bushings Market Market yeah but look at this I mean he he has you know One Clip essentially from C-SPAN um it's a one minute clip and it has 2 million views like what what this is just the N the the the poster native Congressman or politician just going direct and using the correct format and not just saying hey I put a press release go to this link it's like
I'm I'm articulating the problem and I'm showing you evidence that I'm trying he just mogged the Air Force secret secretary yeah it's wild hopefully it comes down need commercial off the shelf CS versus gots baby CS versus gots let's go oh here's Sean this is a great one so Sean so Elon Musk uh you know on the election uh night I believe says alltime High usage of this
platform and it looks like Global user seconds was over 400 billion on the election night and uh Sean says we at seoa invested $800 million into the X take private we were ridiculed for two years for it but I'm confident we'll get the last laugh never bet against Elon yep and he was getting dunked on a little this a little bit about this because like I guess the stock is down
in like private markets but um I think he's right I think I I think never bet against Elon I think the I think Elon incable they're a venture capital firm they care about Sean cares about what the position is going to look like in 10 years yeah and right now there's so much momentum yeah that that I would I would be willing to bet my house that they'll
make money on this investment in 10 years it's almost like there's a refounding of the company over there because I remember when totally that was why we we talked about the Rebrand going yeah yeahand was a refounding and it's actually like they're going through the whole cycle that Twitter went through again but with just like a completely new open book for monetization and
because when when when Elon bought it I was like you know like there's a lot of people that are like leaving but this makes me more more bullish than ever on this is the best place to be if you're in Tech yeah let's go check in with all the journalists that posted their Blue Sky links yeah it's fine they might be doing well over there I know that the
the numbers on threads are fine but it's not the most important place to be if you're in Tech and Tech is always ahead of everything else and so over time we'll go through the same Dan lobe is not on threads ratioing people twice a day right and so as long is like the most high signal most valuable Alpha is there they can kind of climb up the ranking again of like everyone has to be
on there because that's where the conversation is happening yeah and the ads the ads and who plat ads all sorts of different things but getting more money for sure like they're they're and especially um uh Mark was tweeting out basically calling out all the advertisers that sort of worked collectively to to boycott X and B basically saying that I think a lot of
those advertisers will start to come back because they realize that what they're doing is not only sort of shortsighted but um potentially even illegal yeah and yeah it's interesting because the the cost base for ACT has gotten so low that if they can get the revenue side anywhere near back to what it was yeah it'll just be super5 billion
company like they could be doing billion and trade at 20x or something 10x like that's it's not that crazy to imagine yeah um one of my one of my uh one of my former employees uh close friend just had a bunch of different offers from every sort of like mag seven type company and he chose I know a lot of people like that all the best people are going the reason the reason to be
bullish besides the fact that Sean is bullish is that uh and the whole election and everything like that is the talent the talent magnet is real the smartest ASP leader like El going let's go says a lot of fintech C that went public in the Zer era and were completely left for dead are quietly having monster years many up 600% uh and he sites Dave Inc which is
up 600% Bank root Inc um Clover Health Investments Corp and blend Labs I actually know the founder of Dave and yeah rough go of it when they spaed and it went way down and S as well yeah it's amazing I'm I'm really I'm really happy for these folks that that spack at the wrong time and just had like a rough go but stuck with it that's like great great great it'll be interesting to see
if uh Sofi ends up finding finding its way and then chamath will be able to say like look if you just invested in all my spacks Aver you did you did well right I I I talked to somebody who spaed and said that like he did it post Zer uh but what he did was he on day one he immediately unlocked all the investors and the founders had like a three-year
lockup and so that created like a ton of downward pressure on the stock immediately but got it out of the way but but yeah it got it out of the way and there was never this like you know weight hanging over the company and they were able to essentially uh tell their VCS like hey we got you a return you can distribute and your LPS can sell today if they want you are like we we're we're
clean of this and we're into the next phase and it's like we got to build up as a as a public company and a lot of these companies is like yeah they're they're they're public they're building they have the money they're growing and I mean I remember looking at Dave and being like this is trading at like a third of Book value or something I'm
pretty sure they were trading for like $50 million and they had like 150 million in cash yeah and I was just like this is insane like it was like the the whole like Spa meme became so negative for a while that things really work clearly undervalued so um I I fully anticipate spaxs will be back for for certain companies pretty soon uh let's go to Jason uh Lin he says no downturn
or recession at samsara at 1.3 billion ARR clavio at 1 billion uh gitlab at 730 million paler at 2.9 billion toast at 1.6 data dog at 2.8 confluent at 1 billion just a couple of examples so there's just all these companies that are ripping ripping ripping and growing ARS 30% um fantastic it's so interesting it's I mean this is really a good tour of the fact that like like this B2B SAS
um turns out it's a good business yeah and that there's not even though there are power law winners like the Salesforce um or I guess Microsoft really um it was such a huge Market that there's multiple hundred million hundred billion dollar companies to build there so really really cool to see um and yeah I mean I think we could see the same thing play out in defense I
think we could see the same thing play out in Ai and I think that uh like yeah if your fund is set up to you you have to get the trillion dollar company yeah go for that that's great that's awesome but um that doesn't that doesn't mean that you shouldn't be you know the the seventh biggest you know B2B SAS company that's has a billion dollars in ARR growing 25% like I I
would happily be that company that's great yeah fantastic let's go to zann one of the best times in the history of humanity to start a manufacturing company is likely right now so yeah so this this guy's been uh sharing the gospel around uh manufacturing broadly but also the fact that um a lot of our onshore manufacturing is dependent on
leaders that are at retirement age right there's that factor there's also the tariffs thing tariffs real there's also just a new boom in a whole bunch of things that require manufactured Parts like if we really do go into the humanoid humanoid robotics era that's like a million different Motors a million different batteries and control systems like who's going to manufacture the tiia
for this thing it's going to be some aluminum rod yeah and the downstream effects of of a company like Ander roll over time having thousands and thousands of employees are that those thousands of employees experience all these small little pain points throughout different product cycles and then they go out and say like okay I made my money in Tech
but the next thing I'm doing is setting up this like small manufacturing shop outside of St Louis and we're going to make this widget and we're going to sell a lot of them and that's going to be really good for the country it's going to be good for them financially it's going to be good for the companies that depend on these sort of smaller scale
manufacturers so I was at anderol HQ last Friday and uh I was over hearing some like Engineers have a little like uh little meeting and they're like you know somebody's like I'm I'm willing to bet on it like we need to make it 26 millimeters or something I have no idea what they were talking about but like you know they're like making these enging trade-offs widgets and uh and
yeah I mean they're not going to be able to insource all of that and then there's also just going to be the dividend of of you know manufacturing and and hard Tech outside of Defense I mean I think uh we talked about the impulse stove uh it's like a hardware company it's never going to be acquired by andal but you know we're going to get a new fridge company
we're GNA get a new washing machine company we're there was a guy making wheelchairs wheelchairs yeah exactly like we're going to get all these different engineering hard tech manufacturing things it's going to be great I'm really excited let's go to Clint fiori uh he says no income tax for the rest of your life if you have birthed four or more children copying h Hungary
in America and then he follows up upon further review and discussion with the commentators here I'm editing this to be for the household income not just the moms rewards homes where one spouse stays home with kids while other spouse works as well as one's returning to Workforce you think uh I would take it further just uh no income tax period
yeah no I think it's I think it's a good incentive I know a lot of people where kids are very expensive right uh for every we we at everything in supercars right so if I see a guy with 10 supercars I'm like okay you could probably comfortably have five kids right so with every uh at least from like a carrying cost standpoint um and so I know a lot of people that have two
kids right now and if you said have two more and you can not pay income tax again they're going to run the numbers they'll make a financial model and they'll see very quickly we should have those extra kids one kids bring joy y so that's like just value ad yep but two stimul EC if you can take that incremental um income that's not being wasted through wasteful government
spending on expensive bushings or $150,000 soap dispensers uh and invest that Capital it'll benefit them as well as the entire country so yeah that's great super pro uh Paul B says can Hollywood stop making slop now and then Mopar says no you're going to watch Fast and the Furious 45 and you're going to love it what do you think more less this was an election so uh Paul's had some
some great ideas lately uh this was postelection response maybe in response to wokeism being having peaked um but uh but I don't know I think like the problems in the movie entertainment industry are just so much bigger than than politics right just this massive lag on Productions because you need someone to start writing now and then that get released in four years the good
thing is I I hit up a copywriter that I'd work with in the past uh actually I think we we got some of her help on Excel sure and I hit her up recently because somebody was looking for some copywriting support and she's like I'm staffed on shows indefinitely um I don't I don't have time and I was like that's good good great we need more content
yeah yeah I I I I think the power loss stuff will still stay around the denil newes the uh yeah I would argue that there's small groups that are making cool impactful films right like Civil War by a24 was a big idea I I think it flopped but that wasn't slop right it was a big effort and if you think about like blade4 is a good counter example of like
I actually Oppenheimer like like there's usually like one or two a year there just aren't one every month and yeah you know Barbie yeah which Barbie Barbie was that was a big moment right yeah yeah yeah uh Gladiator is coming out good reviews so far we got to take the boys out this is a a note for all the listeners get your boys together and go to a movie it's the best thing we've
done it in LA a few times dress up dress up have some drinks before have some dinner after it's just a fantastic time it's a good excuse to get out of the uh out of the house a lot of what I realized was that a lot of our friends are married and their wives are more into sports than the husbands because Sports have just become really popular and so if you say hey we're going to go
watch the Dodger game well like everyone's going to want to come but you know very few wives want to go see the latest Jason St the movie so you know it's an EXC get boys basically and it's and and and it's not as hard of a cell as being like we're going to go get hammered and smoke cigars all night but you can still and boys nights are a good
way to counter burnout right because burnouts usually a symptom of something not working in your business but if you hang out with your boys they can help give you that Clarity gas you up give you that extra conviction to keep pushing through it so yeah one movie night could save your company it's great let's go to typed female uh Sam Alman we are a few thousand days away from
building God we will build Sons on Earth unify physics and Resurrect The worthy dead Gary also we just bought chat.com yeah Gary tan sounds like this will be really impactful for startups Sam Alman definitely no better time to be a startup I love this cuz Sam replied was like this is funny um because it it does seem like there's a little bit of like
attenion there where it's like okay if we're gonna get this like crazy future like maybe like like how can we how can we predict anything open AI is developer tooling at its core right so if they do build God like they built an API into also it's just like startups are creation and so if the tools get better and better like you would want to create
even if there is abundance you would want to make something creative and and creating a company is like a expression that yeah I do feel like it's now that in we have intelligence as a service it is difficult to predict the future yeah right especially with software and consumer products I mean whatever seven years ago you were like hey I think smokeless tobac you know nicotine is
going to be big we should do this and you turned out to be very correct uh but it's harder to do that with software I think it's becoming obvious like you probably want Network effects you want some type of lock you don't want to build trying to rebuild Salesforce right now could be an amazing business for 5 years and then you get completely disrupted who knows right yep
let's go to Keith R boy he says should I post this is post election uh reflecting on his uh his posting strategy and he runs a poll should I post more about Health Fitness music venture capital or politics and Venture Capital won handily with 62% thank God thank God thank God uh I disagree I think I I think that posting about politics is actually great
for VCS because you want to know what you're getting yourself into at the board dinner because it's all going to come out and the last thing you want is someone who has some crazy political ideology that you don't align with I feel like but I feel like if if Keith met somebody right now that had completely different political views than him and was like truly on the
opposite end of the spectrum he might be like you know what you crazy kid like give a I'll give you a few million give it a shot yeah I love that um I I do appreciate that he's he's been he's become like my de facto personal trainer because whenever I post on X about whatever workout I'm doing he just immediately chimes in with feedback on how I could be doing better I was like
you know going for a one rep max today and he was like you should try three rep Maxes instead I was like oh like uh you know clean and jerk is the best movement and he was like uh it's it's too hard on your tendons you know he has a lot of uh whatever I I don't know I don't know though with Keith is it is it his uh incredible spirit and and sort of uh
energy that that allows him to do these things or is it his health protocol right which one is yeah exactly right because I think a lot of people if they followed his schedule would collapse in like the fourth day right and so who knows who knows yeah um well we know Step One is lever up y so always uh Phil says working with a new client a 17-year-old founder $10 million D Toc
brand no Zoom calls no in-person meetings only meets over Black Ops 6 calls if it can't be discussed over Cod it's too complicated the workforce is changing 2K likes what do you think 2K this is something that's like amazing and could be the future or also could be like a harbinger of Doom and this kid could be like missing I do think yeah I do think there's potential to be like
hey let's move the water cooler talk to uh to Cod or whatever the invogue video game room you can go play Smash with your colleagues yeah maybe Call of Duty is a new ping pong table right where makes sense for the modern for the gamers I do I have had some breakthrough conversations actually so this is crazy so soent when they moved to Downtown LA
they opened up some some desks for startups and I was at I don't know if you ever talked about this but I was you had left the company but I had a desk there and they had fantastic ping pong tables that I would use at least once a day so at first I was kind of thinking the Cod thing was silly but how different is it to play ping pong versus Cod you know uh one of my favorite
pitches with a VC that I ever did was with uh Blake Robbins when he was at Benchmark yeah and we played uh pubg together which uh Battle Royale game and it was fascinating because it felt like the modern version of going golfing yeah so we talk about business talk about the business talk about building companies but then we're also on the same team in
this like fight for survival so Battle Royale there's uh I think we were playing Duos 150 people on the map so there's 75 teams and if you get shot you go down but you can be revived and so there's always a question of are you going to be greedy or thirsty another good gamer word to adopt uh being thirsty is when is when you you know get too hungry for the kill and you
prioritize you know offense over defense and so I noticed and what I really liked about him was that when I got down he would prioritize Reviving me over like getting the extra kill the glory that's VC and I noticed myself thirsting all the time and being like we lost because I'm an idiot and I didn't play it right but well that's why that's why golf is actually a genuinely really
great way to get to know somebody especially in a business context because if you're how do they hand you play 18 holes and you see like oh like every fourth hole he like under counts his throwing his Club raging yeah getting pissed yeah or yeah doing anything or if they're too chill about it like getting drunk the on the golf course or in the cad girl or whatever
yeah back nine there's a lot of ways to expose the truth about someone through that and it's much better than just a coffee meeting which is just vanilla yeah and you get to walk the whole time I love it so yeah maybe Cod is the future uh let's get that man Jarvis says man Trump really lucked out having an autistic billionaire randomly choose his election
as his next object of fixation ha and Elon responds 50k likes and Elon responds with a crying emoji and Jarvis just says love you King so good amazing so funny that he just Elon just got obsessed with the I can't believe this app is only $10 a month it's incredible it's incred these are interactions this has always been the case I remember like
when I first got to Silicon getting online and just tweeting with like Shawn Parker and uh and who Jim Brier from Excel they were they were on stage and like they were posting about their you know investing initiatives and I was able to just be like a reply guy and like chat with them it was like crazy like huge Alpha and being a reply guy basically yeah and it was super
inspiring at the time I was like okay like at least these guys give me the time of day like they're not like big dogging me which is awesome yeah so so here's the thing it was it certainly was not random right yeah Elon was absolutely snubbed by Biden totally who completely disrespected the biggest American manufacturer of EES by not inviting Elon to meet with him and the government on
the issue same thing in California California like basically made fun of him and told him to leave um and so message received yeah message received he everything we just saw over the past however many months was just a reaction to being disrespectful y as a person as a businessman and it was almost a with his level of ambition it it was a it was something that he
needed to do to reach his full potential because he's at a scale where what the government thinks about him and his businesses Y is probably more important than anything else yep that makes sense let's go to yam pelig he says heard a leak from one of the frontier Labs not open AI to be honest uh they reached an expected huge wall of diminishing returns trying to Brute Force better
results by training longer and using more and more data more severe than what is published previously so the question is like are we hitting a wall or are scaling laws going to hold here's what I would say 90% of Frontier AI lobs quit right before they're about to make it big same thing in gambling right 90% of sports betters quit right before they're
about to hit that crazy parlay that uh and so my advice to this this down more data more energy uh get whale blubber as an energy source if you need it uh nuclear yes coal Coal wind do it all title solar title everything title get a so here here here's what ai ai Labs have not partnered with soul cycle yet to try to capture that energy yeah uh I mean we
we've seen The Matrix like put the people in the Pod use their energy source they become bad batteries um the uh the interesting thing here is like like it's it's really hard to evaluate this because open AI is the most well funded and so they're the ones other than the hyperscalers they're the ones that can actually go and build like the gigawatt data center which is like a new
thing that needs to be built it like physically needs to exist before you can do that training run xai is pretty far along they're building like the largest cluster so it's like you can't I I feel like it's really really hard to evaluate is scaling holding without actually running the experiment of like we built the thing and this was the result and
the fear is that you you you yeah you 10x the power you 10x the training and the gpus but then IQ of these models goes from like 105 to 107 and it's like that might be economically viable honestly it might be better at whatever it does and it might be really really valuable to do that but it might just be like okay we're hitting really diminishing marginal returns and we're
not going to get this super intelligence where it's like oh yeah just a couple orders of magnitude and then we'll be at 200 IQ and and and and that's something that like no one I've never really seen anyone make a really great argument for like clearly scaling is all you need and scale is really valuable and and scale improves the model but what is the ratio
between orders of magnitude in energy and and data center size and actual real world applicability in IQ like what will it take how many orders of magnitude to get to 150 no one really knows I think but we'll see Let's Go to Edmund he says does anyone ever think about how aesthetic it is that humans drink water to survive like this clear zero calorie smooth liquid
pure minimal Sleek it's water it's giving lame mer it's giving modernity it's good design water's Lindy we have a lot of other Alternatives uh cheers thank you toora uh we have a lot of other Alternatives but uh but we we humans we keep coming back to water yeah there there is they could put caffeine in it there's that company Orca right oh yeah we gotta get some of that yeah we gotta
try that demo that on the on the on the Pod it's great let's go to Cody Sanchez she says I don't want passive income I want a Empire let's go let's go us one of us one of us one of us uh passive income isn't real yeah uh fake if you're getting getting inome there's some uh level of uh management comes with it and uh even if you hire somebody to manage said
income like a CEO or an asset manager things like that you still have to manage that person and even if you have a $100 million and you put it in government bonds and you're and you're getting three million a year it's like you will forever Wonder like could I be getting 10% yeah active income active in nothing nothing hits like active income active income working paid active in
proactive active inome no nothing hits like working hard and then making a lot of money from it it's like the greatest drug on Earth so this is a great question Adam Draper writes where's the punk rock of the startup world right now 12 years ago it was Bitcoin and matt. crypto says it's just funny he doesn't say crypto he says longevity which I
somewhat buy I I I would say that it's been the gundo nuclear the gundo really was like very punk rock and very countercultural and very independent and very not an industry plant um it's crazy that the internet Made It Go mainstream very quickly very quickly it was one year of punk rock and now it's like they were getting a hit piece in like four months yeah no no not hit piece just
like puff pieces like puff piece after puff piece and now it's like everyone knows it and it's like okay the game's over they were at one point when there was some coverage happening they they they were worried like it was going to be like pretty negative I do think I do think longevity and bio could be next I was talking to Sebastian malibay the the
the author of power law and uh he was saying that the next big like book he wants to write is about uh bio investors yeah uh because it's a very very different model very different world but like maybe it could change with AI maybe it can change with more financialization but uh it is it is a very like untapped world that totally is kind of early but
clearly very promising um let's go to rajvir he says on Election Day Keli outspent the Trump and Harris campaigns on meta ads yeah so this is one I I totally respect K she taking capturing the moment because their whole thing is much it's much more about politics than poly Market poly Market is markets for everything Ki is much more focused on being the legal
quote unquote uh legal way to bet on the election so they should have spent millions and millions and they did the funny thing though is they kept like uh congratulating themselves on hitting number one and all the stuff and it reminded me of that Meme where like it's like the guy like spraying champagne like in his own mouth third on the or
whatever I think tweeted that so yeah I think uh yeah we'll see what what happens uh every company needs to continue to kind of reinvent themselves I'm sure Ki will come back and and kind of try to create like new markets and momentum and maybe there's an argument that the way to do it is to um is to build a ton of momentum around specific markets whereas poly markets more like
platform style approach yeah uh this is a great one bill Gurley says stop using Revenue multiples and you will have more clarity on valuations and it's a reply to Jason Lin for the math to pencil out and Venture Capital we probably need a rebound in public multiples VC probably can't make money at 5x ARR public comps with Harry stebbings it's so funny because Bill gurley's just coming in
like the boss yeah he's he's kind of he's he's basically has the wisdom of Yoda now he's he's the only VC from that era that's still extremely online right yeah that's true and he's able to just pop in and be like uh use e multiple my friend um oh you think that's what he's saying I I that that was the way I I read it as I thought it would just be like a more
nuanced analysis of like you know Team market structure power like Monopoly characteristics but over over focus on any one metric is going to lead you astray I me reeven is really silly when you think about like all the other levers in a model it's kind of crazy to lean on that but yeah uh let's go to this quote tweet of chth in glorious Capital says thanks Washington Post but
I only trust autism Capital with my news is a serious tweet a billionaire just wrote so the crazy thing is how much impact this has wasn't that one one account you said yeah uh uh creu uh so he went from 70k followers to 200k followers off of this one tweet by chamath it was a very well-written tweet I canceled my New York Times and Washington Post subscriptions and just
reallocated the money to subscribe and follow the following folks on X who I believe help get me accurate news and it was autism capital and then creu and then a bunch of other people but what what a poer yeah and and and it it's true it's true like you'll just get better like that's why we cover the timeline instead of we don't we don't cover the news yeah we don't let's go to
Joe Lonsdale Roaring 20s Redux begin shortly Jeff Lonsdale says okay but the PE ratio of the S&P 500 was around 9 to 11 in 1924 to 1925 boo I'm on Jo team here yeah yeah are they both lawnes are they literally brothers or something they must be related okay if they're not they should they should partner up in way knows but yeah Joe I I I I'm I'm very
bullish on the 20s I think it's great I I I think we're getting there yeah yeah beginning shorty I think the optimism the the there's there's obviously a massive amount of uh the animal spirits are back there's a ton of optimism in the last week in the tech world that's great but it actually began I swear it began like early in the in in the 2020s right like there was some obviously a
lot of froth froth and around covid and markets and stuff like that but there was also the beginning of this whole movement of like we're going to make the world a better place not just with software and apps but with Real World products that's when a lot of that stuff started it's interesting yeah there's also yeah I mean it's interesting because like
during the uh the the the PO the post Zer crash and the recession like the fundamental economic drivers of the American economy were very strong but if you asked people about consumer sentiment they would all say it's it's not working for me it's not doing well and uh so this was termed by kylo scanland like the vibe session yeah and there was this idea that like The Vibes
feel off even though we're not seeing like the American Consumer collapse and and the American economy kept growing and we had a very brief recession we never went into a depression all the Doomer stuff didn't come to to bear so there's something about the fact like we have a very solid foundation to build on right now yeah yeah it's great okay
let's pass that let's do uh UC Berkeley's law school apparently had a course called Elon fought the law the law one on offer alas it has since been cancelled that's so crazy that someone was going to teach a whole course on this and they're just like it doesn't make sense anymore because he actually won yeah wow yeah I I wish we could see what date
it was actually sent it would be amazing if it was canceled last week I think it was I this looks recent this looks a recent screenshot spring 2025 yeah right around the corner they're planning it for spring and just canceled it crazy yeah I think the lesson here is he didn't try to fight the law directly he fought it indirectly yeah right also a lot of things he won like in micro like
that Tesla shareholder lawsuit where the judge tried to take away his his comp package which all the shareholders had approved where if he got the stock price to like an insane number he would get a ton of shares he did it everyone was happy but then like one shareholder fought and like the judge ruled with them but then he went back to the shareholders and got it done yeah and so
yeah I don't know what they were thinking with this because there aren't many examples of out to the sholders L's it's very very rare yeah shout out to the shareholders seriously uh let's go to Tren Griffin uh I think he's like a public markets analyst he writes uh alad Gill I see five layers of AI value one Nvidia and chips two data centers three models four
tools for deploying Ai and five workflow services and I think he misses six which is energy energy is like clearly the next thing and it's been a little bit of a champagne or cocktail position in the sense that people talk about it a cocktail parties oh energy is going to be really important Sam Alton's investing in it but the market hasn't
really moved on it but they're starting to right now it's just starting seven posters right without people like run and and other top AI posters almost none of this works right posters are posters are moving the market I mean in terms of AI value there are legitimately dozens of people that are going to build million-dollar businesses off of AI related content yeah whether
it's YouTube videos or howto courses or podcasts like like there are a number of AI podcasts that have gotten really big alad Gill has a great AI podcast I mean he's monetizing it differently through a fund but like nevertheless like he is part of the AI value chain even as a capital allocator like it is interesting but of course you got to boil down you
don't tozy but uh but that's that's a fascinating tweet let's go to Scotty Pippen I didn't even realize he was still using X that's amazing Scotty so uh Scotty Pippen writes just woke up from a wild dream Satoshi Nakamoto visited me and he laughed at the price of bitco coin too low he said I'm taking it higher you haven't seen anything yet get ready 2025 is going to be crazy I
love this trend of athletes like retiring and then coming back to post because you can have a whole he still has jersey in the picture yeah it's amazing you can have this whole cultural Resurgence right because when people see Scotty Pippen in the feed they're going to pay attention right great um AB has done this I think really well throughout the last um
whatever year as well so yeah bullish on Scotty and Bitcoin very bullish let's go to Nikita beer I can't help but feel like we're about to enter one of the most insane times to own risk assets and uh Amit replies is a Lambo a risk asset and I hate to break it to you bro it's not it's hard hard asset you want to get into the the long as you don't put any too much mileage on it
yeah but most Lambos are depreciating very few maybe get a Kosh if you're looking for something but even that's not a risk yeah I think py was saying something earlier as well is he's like I feel very underallocation to Tech and crypto even though his aside from his media business is like probably 95% Tech in crypto um so yeah the fomo is starting great time to own risk assets
um Nikita also knows he can risk it all and worst case he'll just build another app and flip it to did you did you see his other tweet about uh uh millionaires in the post Zer era are pointless being a c millionaire is is what and and we're going to call them CES which is very funny because like I mean we know we know a lot of CTI Millionaires and
that's not the word they use like we all know the word that they use it's not cenes so he's kind of telling on himself that he doesn't know like the real word exactly but hopefully he gets there hopefully hopefully learns the real word he's kind of acting like one of those guys that moves to San Francisco oh San Fran you know you don't really sound like real a real CTI millionaire but uh
someone will clue you in I just I would caution you if you're in Lake comoo don't drop CTI because you know George Clooney is gonna spit out his Screaming Eagle if he hears you no I would I think Nikita should get on to really capture the long tail of of his fans that can't afford intro yep create a copy trading subscription oh there go charge $10,000
a month there go and uh and some carry on it too cuz I think he would have like probably like 10,000 people that would be like yeah I'm gonna YOLO with Nikita hell yeah I'm riding I'm riding into the risk assets uh and this is the one we got to close on Jay Alto says some creators do it for the clout some creators do it for the money but this is
why the real ones do it and it's a clip of the founder of patreon giving some long speech about who cares we do it for the money we just want to be ultra clear about this if you're listening you're going to hear a lot of ads and you're going to hear a lot of monetization so get ready buckle up Lo in lever up welcome to technology Brothers thanks for listening