good welcome to technology Brothers the most profitable podcast in the world today we are talking about a number of news stories the big one uh did you see the Switzerland of AI how Switzerland's like the the neutral party in the financial sector like they don't really take sides well Malaysia has has emerged as this neutral place where all every company regardless yeah all the the AI companies are building data centers there because it's
right next to Singapore which is this massive trading Hub but then it's also independent between like China and America they haven't picked a side but because they're connected to Singapore it's like very easy to get to but they also have the like some of the largest concentration of undersea fiber cables beautiful so it's just like a it's just like a huge huge um I want to go scuba I want to go scuba dive in Malaysia yeah
and dive to uh alongside the underground cable just like sort of like you know like you know those shots of scuba divers where they're like touching a whale like imagine like touching the underground cable information super high yeah and just like downloading all of that like the power power um look at how close it is to Singapore jeor that's the spot jeor and so they're that where we're going holidays they're like a couple
years away from having the same amount of energy capacity as Northern Virginia where like all the major AWS uh hubs are and it's interesting because a lot of a lot of the reason why the the data centers are being pushed overseas is because of the ESG yeah things like a lot of the big tech companies they made ESG commitments have you heard this that xai just didn't make any ESG commitments so they're just burning coal to just
pump energy into this uh latest training run yeah um it's very very fascinating whatever it takes a war between good and evil I've talked to some AI Founders who are like kind of worried about uh like the climate stuff just being just the demand for coal yeah just because like there's just no way that we can ramp up everything else even though that's that's the irony of Elon like being the dominant player in clean tech and then
also burning potentially potentially uh people like looked at like the satellite images of like what he's building and like there's just not enough power from the grid there to do what he says he's going to do so it's just like very clearly they're just going to you know set up as many generators as possible and then also pull from the grid and then also build solar nuclear like just throw everything at it because it's like so important
it's like total land grab somebody's got to do it yeah what else do uh did you read in the journal today oh in the journal where to start where to start uh I thought this article on uh on the American Guns that the Mexican cartels
covet was interesting did you see this yeah I I don't actually know when this printed I think this ran over the weekend but apparently uh Mexico is engulfed in a wave of criminal violence and disputes between rival drug gangs
and Us weapons are fueling the bud bath so there's just apparently like a group of us dudes who buy American weapons and then sell them overseas well you've seen the videos where it's a cartel and and there's like they do this sort of like show of force for the bosses who are usually nowhere near like the private armies but I've seen videos where they're just like walking and there's just like a line of like paramilitary
guys with the trucks that are like branded with the cartel it's just like I haven't seen this literally like you can walk and and pass like 500 trucks like and it's all like nor Korean or Chinese yeah it's like Ford Raptors that have like turrets on the top it really does seem like the cartel is like almost equal in power to like the actual military at this point that's the biggest that's the big I don't actually
think I end up watch I end up uh putting on like YouTube to fall asleep and I always have to put on something that's interesting but not really that relevant to my life and so what I'll do is I'll put on this there's this podcast that only goes like super it's like a two-hour podcast every time with like some journalist that's just been covering the cartels for 20 years and they just talk it's basically like reality TV for cartel life yeah and so
that's how I that for some reason it puts me to sleep and sort of like a calming like you know hearing about the rise and fall of these sort of drug lords is like relaxing to me and uh yeah I mean the the the biggest headline is that I think in the last presidential election there was 37 candidates that were murdered assassinated in the leadup to the new president that's so insane um and that's just that's a little concerning I think it's
totally I don't think it gets enough attention just how out of control Mexico is yeah and they're uh Stones throw away yeah I mean I have an employee who works in who lives in Mexico and you know he lives in like a safe neighborhood and it's fine but it definitely seems like there's like you know a lot of conflict going on the the thing that blew me away about this article is that like I was expecting like okay maybe AK-47 like you
hear you think like American guns that are fueling the Mexican cartel and you think like AR-15 right yeah uh maybe a AK-47 they start off with the minigun the six barrel machine fed weapon can destroy a small car in minutes it's Reser for high whoever the editor yeah I don't think it's going to take minutes for Min it's like not everyone has the ability to use these sophisticated weapons um the Mexican military seized the first
minigun from a crime scene in 2018 according to the military documents released by the nonprofit uh no it's a status thing just just like a pek is is a status well they go into that the the the Zapata El he and ELO pistols are 38
supers and it's like having a scepter or a crown for a king and so they actually have different weapons for specific tiers so if you're the lowest ranking cartel member you get the beta 22 pistol if you're a little bit higher up you get
the AK-47 the goats horn as they call it um rocket launchers the M72 law anti-tank rocket it's like I don't understand how they get these and and they're saying that the the whole point of this article is like these are americanmade weapons that are in the hands of Mexican cartels but I can't get I'm an American citizen I can't get my hands on a on a on a belt fed M249 saw rocket launcher right or rocket launcher I mean maybe the Barrett
you can buy a Barrett which is the you know armor piercing sniper rifle you know my uh neighbor's truck was recently stolen out of his driveway it had the keys uh in the truck maybe he needs a rocket launcher no no but the thing that was interesting is it was immediately driven to a uh Harbor in Northern California and it was hours away from being shipped allegedly to Mexico um and so there's this whole and it was like a you
know blacked out Ford pickup truck and it's just so easy to imagine that truck taking a relatively short trip down the coast like pulling into a port in Mexico and being rebranded to um uh what is it the CJ NG cartel well were you were you the one that was telling me about the there was some guy who had like a you know a window company and he had his like logo and brand on his truck and then eventually he sold it
and it wound up like in an Isis video with like his brand and phone number on it because it just got sold or stolen not all attention is good attention yeah people probably know that he's not involved but still very very wild um and
then they have they have something else here too yeah the belt fed saw is the prize weapon for top drug lords in Mexico the weapon denotes status with the security details of Mexico's biggest drug lords wielding you know
it's it's like a Gucci bag it's it's more of a way to recognize who's in charge of the cartel teams who's the boss who's the closest to leadership the new Hermes basically Kelly is is a yeah a bolt fed I mean this was the the Barrett sniper rifle I mean just the fact that they're like actually considering like how do we take out Vehicles is like so next level compared to the crime that we see in America um barretts are only assigned to
mid-level gang members some trained in special combat it's like they have their own swap teams they have their own special forces in the cartel yeah it's just so crazy well you you know about um uh what is the um um it's not almeno who's the guy um uh so there's this guy um this guy Ismael zambada otherwise known as ELO and he allegedly was like a ghost for decades but the theory is that he was the guy behind El Chapo like El
Chapo was sort of like the front man and got all the attention and all the like all the drama was always seemingly around El Chapo yep yep but El Maya was allegedly calling the shots the whole time he was like I believe he was in accountant prior to becoming you know a drug lord and um or had some type of you know he he was like the finance he was like the CFO basically but the one that was actually calling the shots the drama
that very recently over the summer he was uh flown over into I believe it was um El Paso with um and it and it was basically initiated by um one of El Chapo's Sons had basically like abducted him like in Mexico flown him over to El Paso and the
theory is that El Chapo's son was coordinating with American like drug enforcement groups and so it's been sort of interesting like for me as a spectator to go from watching Netflix and watching Naros which is probably the
last show that I watched to completion on Netflix and YouTube has just sort of picked up all of that so instead of watching you know this thing unfold you know that that happened 20 years ago you can now go on YouTube and like basically in real time cover the drama that's unfolding within the cartels and there's this whole cottage industry of people that are basically small business owners like media operators that are just like have an
entire career built around covering the cartels in real time reporting on them basically like reality TV you know and and and because of the emergence of the iPhone and cell phones in general there's now like real time relatively high quality video footage somebody sent me um a very dark video of a a cartel like ambush in like basically high definition where these five guys are sitting on a like Ridge line and they're
just like watching their their Ops like approach and they just straight up just kill them all W and they're all just filming it like they're all like looking like full members of the military I mean it's propaga War as well like they want to appear strong in addition to being strong yeah and it's just wild the state of have you picked up on any riffs within the Creator Community like is there someone who's like clearly more
proart or like maybe on the go the the information Warfare yeah um because that happens in like I mean if you look at if you do like China research on YouTube you will see occasionally there's an American who like goes over there and is
like very pro-china all of a sudden it's like okay like you're probably being paid yeah and there's the the whole emergence of faceless YouTube channels has created this environment where it's a perfect Battleground for
information Warfare because you can create this like click baity video that's like here's why the United States should stay out of the South China Sea and it's like 20 minutes of like pretty highly produced content that's fairly
convincing and then you look in the comment section it's like nice try CCP you know and it's like 300 likes it's like the top comment but then like half the people watching it are just like going off there you know people don't
realize that that most I think it's like 50% of YouTube viewership is on TVs yeah and it's not as comment oriented on not comment oriented or just autoplay next it's auto play so they're just like watching this and it's you know basically like television I mean Netflix can be like that too like like wasn't there there was some like 911 conspiracy documentary that was on uh on Netflix that was like pretty debunked but and
and they will Netflix will put stuff out that's about like super volcano and it's like there's this weird like blend between like the like you know UFO Hunters Ghost Hunters like it's fun and then it gets into like okay is this like propaganda is this like does this have an agenda behind it total I mean there's a long history of in like people think about information Warfare playing out through traditional like print media
online media you know New York Times Etc and there's decades and Decades of evidence that various groups have go the length to get highly produced films made including the same group producing six different films just with that all have different takes and angles and like objectives just to make it well different Target audiences and also to just make it super confusing yeah and um so that's certainly is happening on you know Legacy Media with
like films and documentaries but is obviously happening on YouTube now yeah um anyways back to uh not to get too far into uh the politics emerging um emerging cartel politics but um should we talk about some technology yeah let's do it our favorite topic on the show what's the what's the first yeah where start Google we could uh we could start with Roblox you were playing you were what were you playing last night I forget the game you
were playing run from Diddy Simulator the the Roblox Escape right after you were playing escape from epine Island um I have never actually played Roblox yeah it's always I tried I tried fortnite once and I tried Minecraft just to kind of know like okay what is this thing didn't find them like deeply entertaining or anything but it's almost if you're very online and there's this thing that allegedly is just so dominant like
massive you got to like learn about it like I read the Matthew ball piece on yeah so you learn about it but but when somebody's saying like 10% of the World plays this two hours a day you know it's not actually that extreme with Roblox but then you don't know anybody you know Roblox target audience is younger but that was the case there was also this calendar app that SoftBank backed if you remember that like was claim to have
like they were claiming I think it was called IRL yeah IRL they were claiming to have like an egregious amount of users Bas never yeah never once had knew of anybody using it there was the same thing for this um I think
Nikita beer called them out pretty early too yeah there was some app that I think benchmarked back that was like a college finance app that was again the same thing turns out it was like they had some incentive where if you signed up
for an account you got $5 but sign of fraud we're like maybe yes there is technically an email address in the database but it's fake there was a t of there was also that company that sold to JP Morgan or something you remember this she she was on 30 under 30 yeah and uh yeah I mean but this isn't this isn't is this is this an allegation of fraud or just that like the stock is mispriced like Hindenberg is just a short seller right so Hindenberg
did something similar like I think that they like my my opinion on Hindenberg is they could almost write their reports on any company because there's always like like I'd love to see a Hindenberg research report on Apple like intentionally degrading iPhones in order to drive sales velocity right like we all know that for some reason or another your phone starts getting materially worse after about 18 months like every company has aggressive
ttic whatever their most aggressive tactic is you want to see that detailed and in the case of Roblox they're they're repeatedly claiming that 50 million people are playing Roblox every single day and they specifically were wording it as people yep instead of daily active users um and they were almost using those interchangeably but it sounds a lot better to say people because it's like those are real people
that might have purchasing power and it turns out that um were well aware that many people had alts meaning one person with 10 20 accounts that were used for different purposes and they had internal Tooling in order to determine who like
who the actual person was behind those 20 accounts were yep yet they were still willing to call those 20 accounts people when it came to reporting yep so ultimately I mean I think all the issues that they call out
are all the issues that happen on any video game with user generated content right the concerning thing is that it's a game it's a video game for kids and maybe creating like a Sandbox like you remember people like there was even Minecraft is like pretty like you're in this world you can build blocks and it's pretty contained but then you could build like a statue of a huge penis you know and like there's almost nothing you
can do to stop that I feel like as a game I think with Roblox when you give people the ability to effectively build games within the games um and they're creating games like Palestine and Israel hangout oh my God lgbtq plus Vibes guns work at a hospital you know a couple couple backlashes to Roblox like on YouTube I've seen people kind of say that there's like kids that get hooked into like the developer ecosystem don't get compensated fairly
like there's been a lot of like there's been various waves of like you know oh like criticism but it seems like the stock is doing well and that's why Hindenberg is like chiming in because they're primarily like a short seller
right like are they publishing this after taking a short position is that what we're always supposed to assume that's that's okay do you have any idea like how big this fund is Hindenberg research it has such like a meme name
and they're so like big on Twitter that I feel like it's what if it's like A10 million fund yeah yeah it almost feels like it could just be in a non account but I think it is actually a research firm because um it was in the Wall Street Journal like in uh in this it says uh yeah I think I think I think the real the one thing that you could focus in on is what is the is is part of the engagement because the games are so
extreme because looking at these games beat up people outside of 7-Eleven has 900,000 visits yeah eat up the pregnant is another game guns work as a hospit at a guns work at a hospital has been played 1.6 million times what's interesting is like is like I I understand that if you like I mean no Hindenberg is not saying that they don't have millions of users like they clearly do have millions of people um I guess yeah so but even even if you have
millions of people like years ago it was a reasonable thing to say like well you would have to hire tens of thousands of people to just sit there and watch everything to like monitor this for trust and safety but now we have llms like you can just take every string of text yeah it right like look through it it's funny because there's a lot of ways you could make a bease for the business which is that you know user turnover is
going to be high people certainly age out of this uh you have 50 million dius and you're not making money like Call of Duty does not put out a game and have 50 million people playing it and not mil you immediately money on the first is like you have to imagine that like other gaming companies look at ROBLOX and they're like haha you have 50 million people and you don't make any like you have zero earnings and so I think that
there's a lot of ways to critique this business I mean the the big thing to me is if you make it it seems like you could make it pretty easy to eliminate games that were explicitly political and just wrong guns work at a hospital like is that a game that we should be encouraging kids to play and that's something that's so easy to catch with an llm you just throw it through like the most basic like llama model should you be able to should you
be able to to name a game Palestine and Israel hangout like it's not the town this is a video game right it's not the Town Square nobody's arguing and so I don't think that yeah no parents of kids who play Roblox are like free it's
almost like when we should we should play the game one episode but like should you be able to create a game and publish it under something called survive Diddy and would those games get any users at all if they didn't have the
word Diddy in it probably not right so like it's part of like children children are innately drawn to offensive things because it just makes them like Giggle and makes them whatever I do wonder how much of this is driven by adults being creepy versus kids being edgy because it's totally possible a 13-year-old is being edgy because they're edgy on Instagram yeah I think I think these games are just less malleable when we
were kids right like you might like whatever in Call of Duty for example like people would try to make it to write a swastika you know in the game but they would eventually like the gate they would figure out how to like stop
people they would patch it and so but when you create these open sandboxes it's sort of if you're creating a metaverse the same slime and and sort of offensive things that happen in the real world are going to be recreated within the
metaverse I wonder if there's like an opportunity for something that like an like an app like a child safety app that you could put on like your kids's computer kids iPad strap it to their oron headset just like blacks that's that's Orion Orion Orion yeah yeah but it just it just takes a picture of the screen like every 10 seconds and just says like is this offensive yeah is this offensive and it's just asking the the the model like
is this offensive or is this is this is this inappropriate for the age and it can capture like text or images or you know a penis in mind like anything like that can all be processed uh there's been there's some company called a rewind that does that but just for like your your second brain yeah you know it like takes a picture of your screen and then you can and I think Microsoft might have a feature for this too where you
can say like okay I think like two weeks ago I was on a website of a short selling firm but I can't remember the name and it'll just be like oh Hindenberg research right yeah um but there even a there was a I feel like there was a Black Mirror episode years ago that that had some thing where kids it was like a software update you could give to your kids where anything scary or wrong they wouldn't blurred so the the dog would be like barking like
really like trying to like kill you and the kid would just be like yeah it's kind of creepy and uh we're probably headed we're probably headed towards I mean uh the the Steelman here I mean the journal has the Roblox Revenue versus Net losses and revenue is accelerating net losses over the last three quarters are declining so they went from almost 400 million in net losses to uh just over 200 so share price is stable at
40 yeah should we look 140 though should we um let's see what impact this actually has oh yeah did it move the market or move the the market for Roblox stock so on September 24th it was trading at $47 a share and when was this this came out yesterday it's October 7th or October 8th so the stock is actually up um the stock okay over the last 3 days it's down 2.9% but okay but today it's up 3% so that's the thing I don't it was
priced in it was priced in yeah everyone who owns the stock is like yeah I know that I know that half the people are fake and it's a Cess pool but I don't care cuz I I'm still optimistic that print cash flow in five years yeah the question is like does this become I guess the question is does Snapchat not make money because of its user base or because of the way that it's run because you could argue that Roblox user base is even worse in many
ways in terms of willingness to pay just from from an age standpoint yeah yeah um but it does seem like they're trending towards probably making a lot of money my con concern is how ephemeral how ephemeral are video games especially as they just get easier and easier to create well I I I wonder I wonder how much video game revenue is essentially gambling driven in the sense that Call of Duty has this monetization Arc where the first game
comes out it's 60 bucks 70 bucks maybe there's a $100 for like you get a little bonus skin for the day one edition and then over time they introduce loot crates that are effectively gambling where I mean you're not winning money
but you're winning like good skins for your guns or like rare items right yeah what's what's the word it's sort of there's the official word for it is um variable reward right sure sure so it's like you just might get something
or oh you're doing it live in the headset and so that clearly has more of a dopamine Rush than just okay I bought this I bought this skin for $5 or the one that's $100 I paid $100 for it's like for $10 you could win either um and I wonder if you look at you know the the revenues of the gaming companies like how much is driven by those day one sales people just paying 60 bucks versus the whales that wind up because for the
mobile games like they're free up front they make no money from non-gambling and it's all only the only apps making money day one are wallpaper apps so but but that's but that presents like a really tough right because if Roblox wants to every time they introduce something that feels like gambling they're going to feel the pain 10 times worse because it's their target Market's kids whereas Call of Duty it's like 40-year-old hardos it's
like yeah of course you know Dad's G to gamble on some skins cuz like he's having fun and you know whatever dad dad's gambling again yeah Dad's gonna find a way to gamble one way or another it it's on Call of Duty you know outfits for his character like that's not as big of like a national news story as like 13-year-olds are gambling on Roblox skins so so like how can they I mean they can they can you know pay wallet
and agate it and stuff but like I mean they're making a ton of money like they're making like I I think it was $800 million last quarter it's pretty good but I wonder if they're going to run into problems like really ramping it up yeah the question is is Roblox digital Legos and does it have enduring brand value that they continue to monetize because it certainly looks like digital Legos like I don't know if it it
basically like they took Lego I've seen videos where people have recreated other games in Roblox and it doesn't look like Roblox at all it's crazy right but the core entry point the cover art is like Hey we're yeah online leg and it was a very similar strategy for epic games and fortnite where epic games created Unreal Engine where you can design any game from Gears of War to you know the new Halo is going to be in in Unreal Engine
but then fortnite is also more accessible you can kind of design like a little custom game if you want if you're not non-technical or whatever yeah I think the I think the issue with Hindenberg is this seems like a business that's way more impactful if you're doing one report every two years and just taking these like massive very concentrated position whereas like this almost feels like a stretch right um because you're trying to pin them you're
trying to pin them you're trying to pin them on yeah like they had they they honestly did damage to square oh yeah um was that what it is I remember like hearing about them for the first time and thinking like oh the name I mean the name implies like the Hindenberg like it's a disaster it's like world historic like we have discovered something that's going to absolutely blow up and so their name is like this is a five alarm fire
right and if they are talking about something that's mispriced by 20% or the daus are off by 50% % but the revenues are still okay it's not quite as hard-hitting as like is this the Hindenberg or just like a blimp that needs like a refuel of gas or something yeah so they're putting out usually a couple of these a month oh really which I didn't know okay but it's like it's like maybe like six a quarter five a quarter something like that at
least if you look back historically yeah and so I think it's actually just they're constantly doing this and most of the time they're going after companies that are like like you don't know about and they're genuinely doing bad stuff but then for them from a marketing standpoint it's like it's this battle with for attention right they're like everybody's addicted to attention and so um we should try to we should try to
invest in Hindenberg and see what their see what their process looks like um I wonder the only thing that would genuinely be cool is if it was like it was all their own money oh yeah you know and they were just like yeah like we
just do this for ourselves and we just share what we find basically yeah um but it's interesting to see like they're basically a media company that happens to monetize through shorting yeah you know I mean there were many media
companies that monetize through longing longing right going along um they're they're just merely on the dump side they're not on the pump side yeah I always I I think it it must be such a nightmare to get all of that through legal and figure out what they can and can't say because you're putting out this you're kind of front running this information you're you're somewhat manipulating the stock even if everything you say is true like you're
moving the market and yeah you have to assume that every single company yeah like they must get sued like 80% of the time imagine you know because unless a company is such a dumpster fire that they're like we have bigger battles to fight if the CEO that's the target gets a attack if he wants to they're going to find something to pick in there like oh this is actually wrong that person that talked to you is wrong yeah yeah It's Tricky very
tricky um really really wild um should we move on to Google um it'd be okay last thing if people did Hindenberg for Venture funds that would be so gnarly it just uh no way to monetize it just purely for like if you had like spite Hindenberg you know like somebody wants to take down a certain fund so they publish like 15 reports to make it look legitimate and then just Dro like a bombshell and they're like this fund fund for is is
going to do like negative you know it's doing going to do like a 0.1x right they just go compan by company so bad I was thinking about that during the last cycle like do you think there's anyone who r ra like some like $50 million fund and will return zero not like 0% gain like won't return a dime like like the liquidation value of all the companies was Zero it must happen it must it must happen I mean bad because most companies
they return like 10 cents on the dollar or something you know there must be at least one that shuts down but a 01 would be astronomically bad it's possible yeah sometime we should cut cover some of the actual data on cuz like Venture as an asset class gets just you know constantly attacked because like the bottom cortile is just genuinely so bad but like from what I from what I've seen across like a few different reports it's actually like the
the median is like not that bad it's like maybe not as good as a median private Equity Fund there's tons of there's tons of venture folks who have been in the business for 20 years and are they they have never had like a
banger breakout deal but every deal is structured at a good price and they run their business very well they haven't over scaled their funds and they make a decent you know decent living decent living enough to have the house in Aspen
the house in Montana the house in oh man speaking of the house in in Aspen I couldn't print this one uh and I was hoping it would be in the journal today but this is like one of my favorite articles I've read so apparently people in like high mountain towns are pumping in oxygen into their houses have you seen this no it's the coolest thing so I have this saved the wealthy are paying big money to pump oxygen into their
Mountain Homes so there's like these home oxygenation startups now that um I'll just read you some of this so brings it down to sea level basically exactly exactly so uh this guy Kevin Rost built a new Mountain Home at on a
ridge at 10,000 500 ft in toride uh so high that in the winter it's only accessible by Gondola and it's so high that some of his guests struggle to acclimate for those guests Rost install 10,000 is crazy it's really high really
high like athletes go and they fight in you know Utah they out of breath not just one M High um so he has a home oxy oxygenation system in every bedroom of the 12,000 foot house this guy is a badass I was thinking we should do a segment of like the tech bro of the week like the person we give a shout out to and this is definitely my pick this week the only critique is that it's coal powered just you see the smoke drifting
off yeah uh for those guests Rost installed a home oxygenation system in every bedroom of the 12,000 ft of house now 10 oxygen enrichment machines located in a storage area pull oxygen from the air outside and pump it into four bedrooms and a bunk room through blue tubing built into the wall um it makes the rooms feel like it's at 3,000 to 5,000 ft above sea level not 2 miles we need that but for Galaxy gas but this dude is a boss he's 59 he
retired as the owner of a pipe fitting company like some business that you've never heard of but clearly just crushed it he and his wife who's 58 moved there last December um and he wants to have his friends come visit but he doesn't want them to spend like three days like acclimating so they can come and hang out so he spent 18 million on this house took two years planning and six years of construction and now he's
just he gu he's got to take the gondola to get yeah to get there yeah and and then they profile a bunch of other people who have done the same thing and apparently it's just like really really popular right now see that's proof that you don't need to work in Tech to be a technology brother EXA right it's about how you Leverage The Tech exactly exactly he's putting the tech to work so each each enrich each enrichment machine cost
15K uh it would have cost but today's price it's 150 um and a single unit can enrich about 2,000 cubic feet there's there's these funny ones where he's where it's like this dude's uh bedroom was so big he needed six of them or something like that um but man all these other people uh they they this this whole article is just like a world tour of like sick dudes basically right um I need the I need the the video of him on his like
pad just like you know like punching you know Shadow Boxing he's like this is why I laid all that pipe throughout my life I I've been to some like high elevation like ski towns for like ski trips and I've never had problems acclimating but I wonder if that'll get worse with age like they're describing it in the in the article like you get headaches and stuff and I've never had a problem with that I remember as a kid backpacking trip with the
family getting going up to a you know high elevation in whatever five six hours and you know being in the tent throwing up you really yeah I I've gotten that before I just personally would never oxygenate my house because the the low oxygen concentration would just inspire me to grind hard right like I I was thinking I need to be harder to kill there was somebody else who I think uh Nat fredman just posted that he has a
hyperbaric chamber and I was wondering do you know if Brian Johnson sleeps in any crazy like hyperbaric chamber thing I feel like when you go Full Tilt biohacker you're doing something to the to like the air mix while you're sleeping yeah yeah yeah you're a big air filtration guy right yeah okay yeah I have these things in my house I think it's called um let me get the name right yeah uh iqair a Swiss company and they they look like old
school like fax machines it's like the ugliest thing in the world um but yeah or like hospital equipment like it's not um certainly not cool looking but um yeah I think you want to be filtering your air people don't know this but but your air is the air quality is almost always worse in your house than Outdoors which is somewhat counterintuitive but there's I mean the air quality is much better in Malibu than like core La too right yeah yeah in
general um just getting just being on the coast but it's still you're still the air quality is still much worse inside um and I think yeah and the only way to really make it better is like through filtration but also diluting the
air with outside air oh sure right um but um yeah hyperbaric chambers I haven't i' I've spent a little bit of time in them but it's one of those things like that feels like a pretty marginal benefit unless you're going to
sleep in one yeah I think I think Nat Freeman said he had psoriasis or something that he was fighting and the hyperbaric chamber made his symptoms down by like 90% it was like very intractable like he tried a bunch of things and this was like the one thing that worked so like if you have a problem like going to sleep in the chamber would be cool I don't know if he's actually sleeps in it but like I've heard that people do that like the next
step for eight sleep is like the the Dome like bed chamber they we're building something like that damn putting their road map on blast no I like that I think it' be I think it'd be cool yeah it's awesome um I think we should probably record in a in a in a chamber in a chamber well there's a on the on the 11 the floor there's some sort of a cryo chamber you can use yeah classic there's some like uh um there's
some company that does like regenerative medicine in the building um have you seen notebook LM it's going to put us out of business bro oh the uh the Google AI generated podcast it's two people talking about whatever you want them to talk about it sounds pretty good but it sounds like the most generic like Wikipedia article ever right yeah and it's just trained on Reddit so it's soy it's like the most I think you can kind of put in whatever you
want thei goes so my wife's boyfriend was telling me the other day you're like wait what just the most redditor yeah podcast no um Have you listened to have you spent like what's the longest amount of time you spent like consuming AI content so I think it's on YouTube yeah on some of the videos that a topic seems really appealing and it's like the video is clearly set up in a way to draw you in to get the click and then you get
through like a minute and you're just like H like this is like AI slop yeah and I think that there's like a very real thing happening on YouTube where there's the sort of like people are drawn to like the artisanal videos right
it's like I like I love that you keep doing like real voiceovers I love your edit you know like and and so there's this there's like this their content is going from being like all handmade artisanal content to now the sort of
like mass produced Mass manufactured it's the same thing that happens with like clothing right like you know it you know you can go and get the the Cinelli of content right this like handmade craft L content yep and but yet there's going to be like probably like 90% of content consumption will eventually become the s sort of like slop just like mass produced just curated you know it's it's like um you fashion NOA putting out
you know seeing one seeing a a a a luxury brand drop something the next day shipping the carbon copy of it and why would that not happen with content because I'm sure there's already channels that when um I don't know uh like the needle drop Anthony fantano on YouTube so Anthony Foo fantano puts out a music review yeah somebody just clones that content reposts it immediately and like makes a better click baity title and gets like
more views right and so a lot of consumers will just keep watch you know they're just like so in the the um being like you know just navigated through that through the algo um and you're going to have to be like the way to fight back is to be like no I'm getting that good Artis yeah well I mean there could be like taste but then there's also like a price gate on the clothing right like the like the artisanal clothing is more expensive so
so so the monetization yeah works out like the F the fast fashion and the lvmh stuff is like similar market cap probably but uh wildly different profit per per unit Peter Z do you know Peter zon he he just went full pay wall on
YouTube um he he put out a video and he's like this is my last video and that's kind of interesting cuz like the guy got incredible insights and takes and I'm sure some of them are like have conflicts and influ influenced by
various parties and he has certain narratives he likes to push but you should probably still do some no seems like seemed like a bad every comment when he announced it was basically like okay see you never bro yeah it is tricky yeah there was this one YouTuber called Jake Tran have you heard of this guy he's like a he's like business video essays and he tried to pull himself so he pulled himself out of like the editing and had a team
writing and editing everything but he was still doing the voice over and he so he would just record the voice over and he wanted to pull himself out of that so he started just recording the intro and then handing it off to another voiceover artist to do it and everyone was like why aren't you even voicing your own things anymore like this is so fake and it's and it was like he was just two years too early because the AI voice
clones are good enough now that no one would notice if he used an AI voice clone he might be now I don't know but um burnt out on it there's going to be a whole cottage industry of people on YouTube that just like watch the video first run like run some analysis on it to determine if it's like Artisan you uh and then just be the first comment to be like yeah I mean it it does seem like there's there's maybe like I don't know if there's an analogy
with the clothing thing but there is some sort of like barbell where yes you might want like the artisanal content for something that's like really entertaining and novel and interesting and unique but then if I'm like if I just want to know about a topic that I don't know anything about and I can just like search it and get a you know Wikipedia article or listen to that as a podcast like why not I'm a big fan of
like like the consumer gets to choose the format that they consume the content in so I can say I want this there's a podcast here I want you to AI I want you to transcribe it because I feel like reading or or there's a book here I want to consume this in the form of a video like make that for me and just translate it CU that's where the AI models are really really good when they're just swapping things over from one thing to
the next it's hard for them to do like truly novel new things but they're pretty good at just like translation transform transformation right yeah but yeah I mean glowing endorsement from Andre karpathy he said he loves it I listen to the one Schwarzenegger and it was kind of like it was a little not that great I think the thing that's interesting about that is the applications in education are wild yeah if I'm so imagine this I'm I'm
a college student and I'm going into an exam you know in five hours and I know nothing about a topic right and it's going to be like you're going to sit down and have to write an essay there's three topics there you you remember in college they'd be like there's these three topics you're going to have to write an essay about one of them right so imagine I'm a I'm a college uh you know like Jim bro I'm going into this
essay in five hours I'm like okay I got five hours and I tell my notebook LM I'm like how you know make me a podcast about uh the signing the events that led up to the signing of the Declaration of Independence 40 Minute Podcast I just listen to it and the recall on that is crazy even if you're just like you know benching in the gym and so I think that I think that applications and these sort of like you know I don't want to listen
to notebook LM talk about antitrust you know you know situations within Tech right because the part of listening to Tes about that kind of thing is you want the host to have some Insider information that's not publicly available but if you're just talking about like history and trying to learn about like why why is you know why why who would benefit more from keto versus intermittent fasting and then having those two people like talk about that
you can learn a lot from it does seem like there's a lot of alpha in the content around like edgy or comedy or anything that's like that's like would be censored by most llm so they can't produce it well um or just comedy in general is novel like I I even tested like uh tell me a joke on like the latest and greatest like you know gp01 um and it was terrible like it's not even close not even a Zinger it's just not getting anywhere near it's not
making any progress there but it's incredible at math and like a whole bunch of other things that it's supposed to be good at um but the there is something else to be said for like content that where the AI seems to be really really bad about surfacing new facts and and a lot of reporters will say this where like oh yeah like llms can like write articles now but like that's not really what reporters are doing like when a reporter writes up
an article that's like the last 5% of the work that they've been doing like 95% of the work is like collecting new facts that don't exist on the internet and don't exist anywhere because they talked to someone they got a fact out of
them they got information and they corroborated it and so there's still value in like surfacing that fact but there is a question about like how do you monetize that like you need to set up a really like tough pay wall because
like if you're as soon as that fact gets surfaced in your article boom you're going to be cloned in a million places immediately and other people are going to try and monetize that like that's going to be really really tricky already people do that all the time where it's like someone gets the scoop and then it's reposted immediately just like changed up a little bit for other like rag yeah um but I don't know it's
interesting oh well what else should we talk about should we talk about Venture funds giving yeah CRV giving back money yeah so my I mean I think I actually don't know a single person at CRV I have some portfolio companies that have you know spoken to them over the years and you know more recently But ultimately what this comes down to is I haven't seen I cannot recall CRV being in a headline like within the last 12 months about anything and they
effectively chose to make their biggest media moment they chose to make their biggest media moment giving back money which I feel like as a venture fund all of your marketing should be towards Founders which is one customer and then you know uh LP LPS which is your other customer and going out and making the the the only thing I can recall about CRV now aside from interactions portfolio companies have had with them
is that they decided that they didn't have places to invest money and like the whole strategy that they had raised around yeah and so one it almost feels like they're traders to go to the New York Times and feed them you know because well are you sure that's what happened because it's totally possible that that that they announced this to their LPS and their LPS leaked it immediately like that's where most of the but if you pull up the article oh
it's like their com they it's their four Partners in the picture they decide they they made the decision to have the New York Times Common photograph photo it's not like just their default like they pulled it off the website okay we should that could be know like here's why I think it's a New York Times picture yeah oh because it like a New York Times it want it's in their style yeah yeah and and they look sad they look sad I knew
you were going to say that which is normally what the New York they're like hey like hey SM for 0% of let's do one serious sad snap okay that's the one we're using classic yeah so yeah it's Ryan young for the New York Times it's written by Aaron Griffith who we know has a history of saying that she's going to position a story one way and then putting it that way okay but the idea to go to Aaron Griffith and their comms agency whoever they're
working with for PR because I would assume they are be kind of weird affirm that size not I mean they probably knew that it was going to for the lp so like yeah but it's just like why I don't nobody did they want a pat on the back
like do they want to be acknowledged for like to me it's a little late I mean yeah it's a little late when it's two years after similar decisions were made um and I just don't [Music] know I mean and the other thing is that
I don't know I don't know I have no idea the mechanics of it but it's it's not like they had the money in their bank account and they were like giving it back it's that they didn't make the capital so you basically the same article is CRV resizes their growth fund okay is that a story and is that what you want to be covered about like could you not think of anything else it kind of presumes that the reader doesn't
understand the concept of the capital call like like New yor Times reader definitely thinks that if a venture fund raises a billion they have a billion dollars in an account somewhere yeah yeah yeah exactly and that the VCS like took 50% of it yeah that or that it's 90% their money or it's all their money that's the average so yeah I think um I think giving Aaron Griffith ammo to make to paint Tech in a bad light as though
Tech is just like this disaster which is like her entire Ventures not working anymore funds are giving it back you think that's the the goal here that's always the end goal I know but I mean for for every one of these articles
there's 10 that are like oh softbank's back in the game baby like let's go ad's raising again or yeah but I don't think yeah does but Aaron would cover that same story more we so Back stories right now than it's so for sure New York Times
is not doing weo back stories though like it's always like Adam Newman is back and this is why it's bad um Adam Newman is going to make a bunch of ugly buildings beautiful again here's 10 reasons why we hate that yeah um no so anyways I just resp like I respect them making this a business decision if I if I were CRV though I'd be like how can we get a story that's going to be big that actually makes us seem like Alpha Chads yeah and you know
saying that we have no places to deploy is not um you know I don't know why don't you why don't you do a hostile takeover of a Caribbean Nation you know or would uh like how much what could they have done with 275 million in Haiti right could they have returned well General catalyst is buying a hospital Network you saw that that's crazy like that that is like the kind type of bold move that gets you like crazy yeah so
but but here's here's the thing yeah they are still investing out of their core1 billion early stage fund yeah and so I was the Select Fund it was just like their growth fund yeah it's interesting their growth fund was like
so much smaller than their than their early stage fund well that's why it's like I think you guys might have bigger problems than than than just having too much money to yeah I mean maybe they just hired some growth people and the
growth people don't want to do it anymore or didn't work out or something I don't know yeah anyways I hope they generate massive returns for their LPS and and have you know massive uh carry checks exactly I would never root against any firm even if I think com any any allocator even and I hope we see these guys on the Midas list for this decision right like maybe like they have such a banger in the first like half of
the fun that they're just like no like let's just let this like let's just let this ride you know maybe that's the whole thing that might be smart yeah maybe they got something good good they got something what could they what could they have in there you'd have some you'd hold some cash back to do the next do the series the series z z you got to wait for the series Z yeah anyways that's where the money is Reed morat s
Max Newman he's back baby so back I I thought he was doing something else like the real estate rollup is this a new new thing or is this just a new co-working thing I think he was doing multif family flow is multi and now this is called
workflow yeah avoids the specific business model that got his original co-working company into trouble is it just a management company I didn't actually read I either I was just like this guy SI dude this is this is the
reason technology Brothers is just Twitter and podcast because no one's reading the article all I know is that one of my friends ran into him into a party and he wasn't wearing shoes and I was like yep that'sand some things don't change y exactly it wasn't actually a zero interest rate phenomena it it was I mean he he captured so much of the M with the secondaries like like to write him off like he's not in jail I don't think he
got suited or anything he wound up with billion liquid or something like that and so he's going to make a play at some point he's going to try and do something I just wonder what this will be somebody told me his jet was on the market oh really maybe he just maybe he just uh coming out with a new one so you know got to sell the old one right the I think the G650 is like you know no longer the hot commodity phing out you
got to go to the 750 or something like that I didn't know this but um apparently I think his jet was black and apparently that hurts the performance quite huge amount huge amount cuz you're just attracting so much you have to like run the AC constantly I think and that yeah but it's also just so cool like it's much cooler Michael Jordan's jet is also black it has like a crazy paint job that they spent a ton of money on yeah
yeah was and it adds like an egregious amount of weight just from the density of the paint or whatever silly um should we go through some of these more tweets I I got a whole stack here I printed them all off do we do this the
same stack no no no oh sorry I I don't have the same stack we'll just pull them up one at a time so the first one is from uh signal I I I never say these an non names out loud and then I do and I realize like I have no idea but he says
um the gap between the very rich and everyone else is actually shrinking drastically over time due to hyper capitalism and Tech you drink the same Coke as a billionaire you use the same iPhone as a billionaire on the same network you use the same exact same tools as a billionaire EG chat GPT there is no Special ultra rich person versions of software or apps you read the same garbage online as a billionaire definitely true you sh Post in the same
fashion as a billionaire on the same networks a billionaire shits in the same type of toilet as you do you're afforded roughly the same Healthcare as a billionaire assuming you have insurance with marginal differences you can uh roughly go travel to any place like a billionaire can private versus not and then PG actually had the top reply and mentioned that he'd written about this in 2004 which is kind of funny mind the
gap yeah I don't I don't think things have changed that much I mean I'm going to do like a very sort of like shaky analysis of this but but if you went back hundreds of years ago and you had like a king and peasants yeah like they're both You could argue you use the same Stone you know for your wall and it's like your bread was Mill with similar grain you know and it's like and your wine also gets you drunk you know
and it's like well the things that were truly luxuries were like oh the King has like this little meager supply of like this certain spice and it's like that stuff still exists right like I can you and blueberri that were handpicked you know inpan strawberries yeah yeah and and and I would argue that you know the the you know early you know first job out of college product manager that's going to Sugar fish is not eating the same fish
that we Doh when we go out to get sushi I'm kidding no they're not eating the same fish they're not eating the same fish that somebody who's having you know hosting a dinner party at their house and like having like some sushi chef from Japan like who flew over it's just not and so I don't know if you could argue like you know the peasant is says to the king but sir my wool I I sure you know I the wool in my sweater is the
same as yours are we not so different you know um I do think that that that this actually goes back to Warren Buffett eating C's you know Candy and being like like he's the original one of this obviously he's known for sort of
like eating down some way um but yeah I think it's just like ultimate I think that the takeaway from this is that capitalism rips yep and we should encourage it and support it there is an interesting thing here where like if you
are a billionaire and you want an iPhone or you want shot GPT like you at some level need some sort of competition or you need some other other people in the economy it's like you can't just have one person with all of the assets like there's some sort of wealth equality that needs to happen in the economy yeah such that like like you know like the richest man can't make the best film happen and the best album and all of
these things like there needs to be a lot of other people building and doing other stuff like it really is like a a society that bounces off of each other which is like important to get like The Innovation that then becomes like evenly
distributed over time right um yeah it's interesting I don't know well should we go to China yeah I think the cool thing the last thing I would say on that I was talking to a Founder on Monday who has a candy company yeah and
the the thing that's genuinely cool about all this stuff is like like the thing about the accessibility of all these things is being a billionaire doesn't make the iPhone more enjoyable somehow like there's not even really apps that
you can get right and so really not yet but once we watch The W app Rich wallapers app $10,000 subscription yeah yeah yeah there you go I think it's a, a month is the cap a month but it's good 12K ARR per um you just know you have
the most luxurious wallpaper in the game coming soon um yeah it's like it's just a that is all the evidence that you imagine how much people would be an uproar if you could go down that list and be like billionaires have this and I don't billionaires have this and I don't billionaires have this and even given that situation the dominant sort of like political view that gets votes seemingly is let's tax the 1% more even though or
let's T tax the 10% more even though they already pay like 80% of federal income taxes yeah it's interesting I have a friend who uh is a Sugarfish hater and he once referred to it as like the McDonald of sushi and I was like now you're speaking my language I love that I love that that's amazing standard delicious like you didn't have to Quality but presented well repeatable it's good uh you saw this uh that Huawei
in China built a European city right this is so yeah I mean we're going that's where our Asian Studio has to be it's amazing I I yeah why can't we do that I I mean I think it would be probably cultural appropriation or something I mean we kind do it's effectively our culture yeah well no no if we did the opposite if no yeah I'm not saying build a great wall we kind of do that in the sense that there's like Chinatown and Japan town and Korea Town
but you know we don't take it to this level like it'd be so sick if like Chinatown and New York City just looked like the Forbidden City in Beijing yeah yeah imagine in Manhattan rolling up you go to like Little Tokyo like looks exactly like Tokyo yeah the bus looks like a dragon you know like be amazing see Winnie the Pooh walking around but this architecture is just it's just so iconic like you see it and you're just like that looks like you're
inspired yeah it's just beautiful but what a crazy what a crazy Choice by Huawei to just likewe send it 255,000 people work here it's like acres and acres and Acres like you can just walk around this city for like you know hours and just only see Italian French and German architecture more residents than the entire town double the residence of the entire town that I live in I don't really know why I pulled this up just it's like crazy
yeah honestly let's we'd like to see more of it I think the Excel campus will look similar should we talk about the all-in podcast yeah how how do you warm up for your all-in podcast lessons um sunning uh my perenium oh yeah you know both legs back in the sunlight just to kind of like get the chi going when Jason starts you know are you listening on like airpods Macs airpod Pros or are you listening on more of a wired headphones but or do you
do like a full like stereo system allin's toxic enough I don't also want the toxic EMF like like the the relationship dynamics of the show are already so you know you don't print it on vinyl and just play it at home that's a good I think that's honestly that's that's that's our next drop is is is last week's all in episode on vinyl on vinyl we should definitely do that the greatest things we let's let's cut
this out we don't want to we don't want to do actually no we can leak it our our five listeners they can get a little preview you I like it let us know in the comments if you want the Allin podcast Crest vinyl this is this is gonna be like a a a great Journey for us because we're gonna find some guy in Brooklyn who's like the last guy just making like handmade vinyl records artisanal vinyl I think having like the Trump episode or
like the Elon episode on vinyl is just it's so high status for a tech bro and there's this big especially with the like like there's something so like a record the packaging and everything it's like it was the epitome of like Al album art when you could just like hold it and just like you know seeing the zoom screen of like J all the all in like the podcast logos they're Square because they show up in your podcast feed square and that fits just
perfectly on the You Know cover yeah but I mean I think everyone is kind of circling around the same conclusion around the all-in podcast that you know it hasn't lived up to the expectations of what people thought it could be unfortunately in terms of profit mostly um I mean I I love what they've done politically genuinely I think it's very good I've talked to I talked to a a literal Congress person who is like I
get my takes from the all-in podcast which that's good it's very good because previously they were getting it from car swier huge step forward like these are like people joke about all the different all-in guys or whatever but
seriously like they're all on the same team which is the most important thing and even though they have little infighting about politics that doesn't actually matter what matters is that they're all capitalists and they're all
capital allocators and they all care about Founders and business and like good things they're not insane and so I mean it is a huge thing but it just sucks that they don't have ads yeah I think everyone expected when the show
got big like right this would be a place where the best ads and the ad rates would be super high and they'd be making a lot of money six figure cpms exactly but they just haven't lived up to it and I think that's why it's more important
than ever that a show like technology Brothers exists a show that focuses on profit over listener satisfaction or audience size orun Community exactly all of that stuff put that all to the side yeah they're posting about yeah while they post pictures from their conference y we'll be posting our p&l exactly exactly we'll be posting our stripe dashboard screenshot it everyone loves oh my podcast is this in the rankings or it
has this many stars and reviews no what's the EIT do how much money you what are you cash flowing these are the important metrics for a podcast per listener right like it's not just gross it's on a per listener Bas basis what are you taking home exactly exactly so and are you Levering up that's the other thing with podcasts not using leverage yeah it's insane that they're not it's insane that they're not right like yeah
um so yeah I mean I I I see them I see us kind of as a spiritual successor to the all-in podcast kind of finishing the job what matters exactly like doing what they couldn't figure out and honoring it through you know paying homage to some of their most iconic episodes through vinyl releas releases yeah exactly um that's great should we talk about the the Zuck mobile yeah this was this was amazing there's a lot of words
that you could describe zuck's era that I won't say so give the give the overview it looks so zck posted pictures on Instagram of him uh he has purchased and customized his and hers uh Porsches one is a sports car looks like a 911 and
the other is a cayen SUV don't disrespect zuck's Choice that's a GT3 touring oh it's a GT3 touring um but it's not is it manual is it the St I think he said it's a manual okay no it's not an I mean the touring are all manual
to my knowledge or maybe I thought the St was the GT3 manual I thought that was the whole point of like the the St that's why it exists but maybe it's like it's more just like analog yeah yeah yeah but anyway yeah so so right away right away uh it's cool somebody I saw somebody else saying I don't know if it was this tweet but like he's sort of realizing that him doing this is not cool to other billionaires but it's cool
to the average Instagram user yeah that's what the Tweet is is I think what Zuck realized is that the norm of avoiding ostentatious displays of wealth is entirely about intra Elite social status and common people actually love stuff like this and this is 100% accurate so so plus there was this whole like fake thing for a long time like SBF drove a Civic and was like I'm not doing it for the money and it's like he was
the most in it for the money and completely fraudulent and so it's Z was doing like I'm smoking meat in backyard and it's like dude everyone knows your backyard is sick like it's fine like just let us enjoy
vicariously how sick your backyard is like we want to see you surfing and stuff my whole thing is like the the the um you've gone and told the entire world that your wife drives a turbo GT Minivan and it's a one of one and so what is the actual
usability of it like I don't understand is she pulling out of the zaka state to pick the kids up from school and there's like this military Convoy in a helicopter and she's just like I love living my regular you minivan mom life well you know you know like the standard billionaire like setup it's like two black SUVs outside of everywhere that you go yeah and so you walk outside there's always two so if one breaks down
you can get in the other one but then also like you don't know where they are essentially that's just kind of the standard equipment yeah if I was a billionaire two Ford Raptors two Raptors two trucks for sure TRS for sure you
don't except the Raptor as a former Raptor owner is like really not that practical like it's just not the just not that big it's not like you can like unless you want to stretch it stretch a truck bed yeah the um I'm very Pro
minivan I've told you this I recently purchased a minivan uh a Mercedes metc uh very popular in Europe less popular here mostly used as an airport transport vehicle I've been loving it like just walking up to your car pulling the door and having the door go out it's it's very very practical um my only critique is the color choice I think chalk is the worst modern Porsche you know color option the putty color um I love how we have the
the tweet in black and white but yeah it's a rough it's a rough color like if you're going to do that why not do like the the like python green I I've been looking at the the new VW bus have you seen this thing no is it the electric one it's electric it's called the ID buzz and it Coal Power it's Coal Power well the electricity that uses is from coal yeah so um it's uh it it has the sliding doors like a minivan but it's a
bus so it doesn't read as a minivan fully it reads as like something weird and different and then it comes in like these crazy color ways and I was even thinking of getting it wrapped in like something more fun I think the the
optimization when you're a parent is just like get the car that will be fun for the kids my optimization was extreme practicality and when they have Aran smoothie and they're throwing it around the car that I'm not worried about it
getting on the leather you know I just don't care just like throw it throw it on the ceiling throw it on there throw up you know like do whatever you want to I mean I've been I've been testing the waters with like what car should I get based on my three-year-old's opinions that's great that's great so I'll do like an AB test like which one do you like more I'll show them two images and the car that beats everything else can you
guess red cyber Truck Yeah I was about to say cyber truck red C it was designed by old and it gets a three-year-old going and one of my friends was like the cybertruck is the most like it's the mo it's the most perfect example of a car that matters to only it matters only to people who don't matter right it's like it's cool to people who aren't wealthy or serious right and I'm like but it matters to three-year-old boys who are
the only dude I'm trying to impress he's the only guy that I care about I don't care what some you know random person thinks about my car I care what my son thinks about pump to get in and go on adventure no most of my car purchasing has been driven by my my inner child yeah right that's why I got the wagon it has the re reverse three seat like rear view seat that was always a hit when I was a kid I'm like it'll be a hit for this and
when I got when I got a raptor I so I got this murdered out Raptor that had been lifted and tinted and it was like what is the truck that like the 5-year-old me wanted and I didn't have because my parents drove two Priuses was
like what do you want what should we car should we take to school today two Civics yeah I was like you want to take this the white Prius or the gold Prius and I'm like no a white and a gray silver Honda Civic or white Honda and so
as an adult I have some purchasing power and I'm like what what what am I going to get and I started I I I basically like had to train Sarah on it for a year every time I'd see a raptor I'd be like that is a goodlooking truck and it would basically like she was like the first like 10 to 20 times she goes absolutely not I hate that and then I kept saying it and I started to break through I did the same thing my my wife knows like
nothing about you but she knows that you owned a raptor and I've I've told her that Raptors don't depreciate like as much as other cars and so whenever she sees a raptor now she's like I know that that car doesn't depreciate practical decision and and she's like I hate that you've like taught me all these stupid car things because now I'm like noticing red brakes or like when a car has four has four tail four exhaust pipes she was
like yeah yesterday I saw a BMW that didn't have any like decals on it had been debadged and I was like oh like there's something under the hood there look at the muscle car like it's clearly modded and she was like I don't need to know this like why is this in my brain why is this in my brain yeah I could be using this for other things no but unfortunately with the the Raptor the ultimate Challenge in the reason that I
got rid of it was one because parking in the average La parking lot with a raptor one can't fit any parking garages which is also just a general issue in La yep uh but two anytime you're meeting with somebody that doesn't know you already
their first assumption is that if you pull up in a lifted murdered out raptor is that you are a total and so like trying to I I just realized there was this period of like I had to like overcome that and I was like this kind
of a waste of time like I'd Rather somebody pull up and sort of like people you know people it is tough because there's no American car right now that sends just like a neutral signal like if you're in like a Mustang you're a Mustang owner Corvette owner Etc like that's Raptor same thing if you're in a Tesla people have all these weird mixed things it was either like your total like green like tree hugger or now it's like your Trump
supporter very we bought this before we knew what a bad guy that thing uh well I mean my hot take is like Elon is getting so like rightwing pilled that he's going to make a V12 Model S yeah yeah with with a gated manual and and a stray Pipe exhaust uh I think that'd be incredible he's just like yeah you know what like you know like I I didn't get any credit for I didn't get any credit for the whole EV transition anyway you guys
don't like these EVS so now I'm doing ice cars yeah yeah yeah it's it is pretty wild that the Cyber truck is seemingly selling very well oh yeah yeah yet it would sell even better if it was just it controversial yeah yeah yeah if it was more controversial so yeah we have this one S&P Global Mobility says Tesla delivered 5,175 cyber trucks in July this is a 61% month-over-month increase they also estimate the rest of the electric pickup
truck Market sold only a combined 5,500 so Tesla here's something that's funny about Tesla so there's a Founder a classic thing if you're a founder and you either raised a bunch of venture capital I guess in the case of this
other tweet or there's a founder of a know I know of a company that's actually doing really well Cy and he bought a foundation series cybertruck thinking that okay there's going to be a limited release like if anything's going to hold
value it's this one Tesla has completely ignored that that that was ever supposed to be limited and sort of like foundational like first number of orders sure and they're continuing to produce them at Full Clip what's the difference between a foundation model and just a regular one I don't know the design differences but I think it was sold through as a limited you know Edition like you got the first you know like one
of the first one it'll be the one that like it'll be the one but it was at a significant looks like it um yeah it's interesting I still love them I think they're just beautiful and I I smile every time I see them around and my son Smiles every time I see them around and I think they're just funny looking and I want more aggressive cars like this I really like that Hyundai that that's coming out that one is crazy uh well
yeah so so they put the electric power Trin in the in the Hyundai ionic 5n and it's the guy who did the BMW M series and what letter comes after M it's n so he went over there put up the N Division and he created like
digital basically like a dual clutch transmission and and it has engine noise and all of the car guys that have driven it are like it's incredible like you you forget that you're not driving like a manual or like a actual engaging car and
now they're going to put that in this Hyundai Vision 74 thing that like it looks amazing it looks like something out Back to Future have you seen this thing it looks really good good I didn't know that I thought that was just a concept car so it was a concept car and they were going to do it with some crazy power Trin that was like hydrogen have you seen this thing hydrogen cars and they and they yanked that doing the
electric I think they're going to do an end model so it'll have like 700 horsepower and but it'll be like 50k or something so you'll just be a to tr traed on it yeah uh and it'll just be like so funny and looks so cool uh and I
think it's going into production they're trying to get it live by 2029 which I think is like believable based on Hyundai like I think that they're like pretty serious it's out of concept car territory now there's nothing better
than when a car manufacturer wakes up out of their stuper oh cuz like every car manufacturer is pretty much a legacy company yeah except for Tesla and whatever rivan and when it when when these companies wake up I would give the example of like Toyota with their Land Cruiser it's like hey let's take like one of our most loved cars ever and let's just like run it back and like make it modern and make it cool and
people love them and you know like you know that it's going to be like a Toyota it's like it's great they did the same thing with the the Lexus effectively the same version of the car that has I guess it's like slightly I don't know slight
bigger yeah um and then the VW that you mentioned the van like there's nothing like cuz there's nothing exciting you take the legacy of these yeah you take the legacy of these amazing iconic products and you just
somebody like wakes up one day at these manufactures and they're like hey we should actually like something cool or novel I think VW got like the marketing right but I think the car is actually pretty trash like I think the range is really bad and the price is way too high so I think like objectively it's not that good of a car but it's a cool idea I'm glad that they're like going in that direction at least being fun um speaking
of cyber trucks did you see this uh this startup promotion um this guy was announcing the latest version of a company called Bastion and instead of spending a bunch of money on a video we decided to do something more impactful
giving out free rides across New York City in our branded cyber trucks um details on the launch or how to grab a ride below yeah so I never want to hate on anybody trying to create value in the world but this was just like so whack
it's like I now know that you were giving rides in a company cyber truck which why do you have a company cybertruck as a crypto infrastructure company is that what they are and I don't know what so yeah I had to go deep I don't know what you do it would have been much more impactful to do something related to that like okay like you know this is like like what are the themes of your business security regulation money infrastructure
like crypto like it's got to tie to that somehow whatever stuff stt you do needs to be something like around that yeah if you're building like there's so many things like back in the party round days we did something where we were like hey reply with your like address and we're doing an airdrop and then we aird dropped nft ads for party round into everybody's wallets which you would then have to pay money to get out of wall so
we just sent them to like the CEO of figma and like all these other crypto people so it's like cool now like there's a and it just said this is an ad for party round so it's like there's so many things you could do but I'm like okay like I could take the Subway or I could like text the Bastion hotline I even even if they were just like okay text them and we'll send like I don't know if this is like security company it's like okay text
them and they'll bring like a like 25 security guards will like follow you around or something like that something that's a little bit more like tied to like security it feels like this should be about like a transportation company like are you launching like a lift competitor or something yeah or you do something like this during a conference so that at least there's like more like I'm just thinking like you're driving
around Soho and you see this like cyber truck yeah and you're like okay cool and they probably got like 10 rides in throughout the day yeah and I do like the idea of like if you're a founder and you're picking a car and you just happen to buy a cyber Tru like throw your logo on it yeah like I think that's really positive yeah it's a good way to get cheap attention if that's a car that you personally want to own and drive but you
can put it on whatever car you own if you have a Ford Raptor throw some throw a wrap for your company on there like that's funny and cool and then when you pull up people are yeah you stand out it's funny that when you think about wraps as like a unutilized ad inventory yeah the issue is that the people that would wrap their car with something for like a nominal amount of money are going to have like not so great cars that you
want to associate with but like it would be a funny thing for like imagine wrapped the the Porsche with like you know oh like buy my meta Ray bands there's so that would be cooler G3 RS like was just like like all of his
different products like download Instagram here QR code like just really tacky like I did that I did that with uh our our old CTO is like into like racing and I was like let me do you have any sponsors sponsor your car I got put five
of my companies up there like looks awesome everybody on the team yeah it just makes the car look cooler that's a example of of capitalism and action is putting a bunch of stickers on a car makes it look cooler yeah that's amazing that's that's the power of advertising yeah I like that um you saw this tweet yes so this is this is this is so this is just like so funny in in so many ways because for some reason like all the AI
slop thread accounts have all decided that like this is the new scam and it's break it down tell me what the Tweet says tell me Tell there was like 30 of these tweets that are basically saying AI models are earning over AI influencers are earning over $5,000 per month meet Emily a 21-year-old model who was brought to life by AI now you can create your own AI influencer in minutes here's how and I think it's cool technology but to me
this just makes me go long like actual influencers because one people don't really realize but like you can have a 100,000 followers on Instagram being like an Instagram model and like make like below minimum wage because like unless you're genuinely influential and cool and Brands like actually think that by working with you they're going to elevate their brand the best that you're getting is like free product y so I'm imagining like all the
guys that were doing like Drop Shipping stores 10 years ago and like didn't didn't really work and they're looking for their next thing are now like I'm going to make an army of AI influencers and they're just like going to be like
slaving over like creating like the perfect like all all this content because it's obviously like these people these people are competing against other influencers who are have a real connection with their audience have
years and years and years of sort of of like a relationship and genuinely are creating like artisanal content yep and anybody that's going out and saying you're going to make $60,000 a year with your AI slop influencer that like has no opinion um and all these courses are for sure going to say like if you can just get one AI influencer That's making 5,000 a month and then you scale to a hundred or a th000 you could be making $5 million a
month from your like influencer business well that's where the money is so that guy's promoting a course or something or like a product something he's selling the product that allows you to do this but you know what's really interesting is that that video there is an actual human it's not AI generated he's just saying that it's AI generated because obviously if you use a real person it looks even more real and there's no there's no risk
of like slopp ification because everyone's like oh wow like he was able to make a girl where the hands are perfect there's no like the hair isn't like transforming or anything there's no like there's no artifacts so he must have the best tech in the game I got to go with this guy that's what I think at least that's what the community notes said when I dig in yeah I'm like a community not did I tell you this I'm like I'm I'm
like Community notes admin now let's go let's go you're the new Wikipedia Mafia so so I can go in and like rate all the community notes I can write Community notes I can do all that stuff great you should communicate Community notes all our posts just say technology brother is not not the most profitable podcast yeah because if you get a community note that it'll be more viral because it be like oh they got dunked on
yeah exactly um yeah so I mean Trevor mcfedries like already tried to do this with Brad back in the day oh I don't know this like he made an AI influencer called L Michaela that was like had genuine like million followers like
really cool collaborations like really good execution over a long period of time sold the company to Dapper in like 2022 um and I would just like but they were approaching it from like World building and actual storytelling it's
not like give me a Tik Tock girl like that's between the ages of 22 and 25 and make them dance to the the most viral songs it's like okay like I just I'm very bearish um but happy that the course Bros have a new have a new new product to sell yeah uh one of my um one of the guys I was hanging out with that uh um buddy of mine this guy Kimia who sold his last company to ramp he's building um he's building software to um
like basically an AI agent to like find and win government contracts which is cool so we've been talking about like how do you create the sort of like cottage industry around uh people basically showing other people how to find and win government contracts and then you know in the same way that Shopify benef I think shop maybe it was you that said I don't know if Hindenberg ever covered Shopify oh I don't um but you know basically uh there's his
business will be massively successful if you get all these Bros being like millionaires are being made by government through Government Contracting which I'm actually very think is very positive cuz if you get a bunch of like smart young Hustlers that are going to compete for contracts to do like toilet paper for like the penitentiary kind like the old wargs yeah it's like well it actually increases competition and lowers the the
cost for the taxpayer sure and the government so anyways I I hope that that BEC yeah it's kind of related to like the rise of the rest thing that you've been talking about um did you see that announcement from valanor Julie Bush put this out have you seen this this incubator yeah is it an incubator yeah I mean everyone's kind of confused about what it is but it's like you know maybe incubator maybe holding company eventually maybe some of the
companies live in inside I think it's still pretty early but did they raise money yeah is she a part of the Bush family oh I don't know maybe that's some lore if Ben was if Ben was here he could quickly confirm because that would be like the ultimate like if Jeb Bush is the lead investor I was thinking about how there's like so few neocons anymore they just they they're kind of Dying Breed everyone's like you know you're
either like a right-wing nationalist or like you're like left-wing proar but but there's no like right-wing proar Dick Cheney is still he's still around he's still cross right yeah he endorsed KLA but he's just pro war pro war yeah but
uh but yeah uh I I think I think the main the main value prop for valanor is like if you're just a talented founder but you don't know anything about distribution you don't know anything about Government Contracting like they
will in exchange for equity and cash like standard YC deal type thing they give you the the tools to get your first contract that's super cool yeah which I think is yeah cuz I I just think it's about the reason I heard about a guy who who is a basically makes like millions of dollars per year as the guy that California contracts to when they need to move like protected bird eggs from like one location that's getting
developed to another and so like the that should not be a million dollar contract is bidding over that like aggressively to get the price down because think about it think about if you went to like some Environmental Studies student and was like hey do you want to take a six-month course on how to transport like you knower endangered bird eggs they're like cool okay now you can do this and it pays $150 per day yeah and it's contract
based and like you've gone from a mill multi-million dollar contract to like okay now we're paying like entry level like people to do actually deserves and so I think more competition is good and it's so opaque and inefficient that um can't possibly be very competitive right Ian we were talking about this with like the you know the the SpaceX narrative is like um is like you know it's the power law winner I think it's like a $50
billion company and uh it's great uh and the and and anderol has kind of like carved their their brand out as like the power law winner in defense Tech but there Still Remains the question of like they can be the power law winner
and defense Tech can not look like the phone market it can look like the SAS Market in the sense that like yes they are the power law winner in the sense that like they're the Salesforce they're the biggest company and maybe they're
the prime but they still Market you have Salesforce and HubSpot exactly there are still a lot of other companies that like do fantastically and and I also think like there's this there's this very broader element of like andal is like is like a prime and does like you know DOD Contracting but when people think about like defense Tech and hard tech it gets so broad that people wind up like Augustus with weather modification is
like kind of in that millu and yet like not he just called me from the Caribbean really the wind he said don't tell anybody where I am right now you're not going to believe this he's just in the eye of the storm just like he's fighting he's fighting for his life right now no so I think the reason that defense Tech is not going to be or I would hope that it doesn't become the Monopoly that andril uh is sort of implies is that um oh that's perfect
yeah uh the reason that I don't think it'll be the Monopoly that they like sort of like philosophize could be Monopoly over but is that the stated one of the stated goals of the dod and the government in general is vendor diversity yeah I told me that directly he said like the government will not allow us to be a complete Monopoly exactly um but they can still be the greatest like value creation event in defense technology
over the past 60 years right which is like a huge win for everyone and I think the the even cooler thing is like like I think about that that guy who's doing that stove the impulse stove and have you seen this uh he it's basically like a stove that has a ton of batteries in it so we can it's an electric stove but it can heat up like a pan very quickly be be very precise and he's always like cooking steaks on Twitter and being like
I cook the perfect steak using my my stove it's very cool and it's something where it's like I don't know if that would get funded without Ander roll even though it's like not in defense Tech at all and just kind of like shook the tree to be like hey it's okay to take risks on Hardware cuz for so so long the meme was like Hardware is hard like Pebble had such a bad go out of YC there was so many companies that tried and never
really got escape velocity now people are like okay we're going to take a shot on it again just with whatever and that means like new fridge companies new camera companies new phone like new devices like and I just think like more
of those I have one that's relevant to the show maybe we should maybe we should uh fund it I want somebody to make me the world's most beautiful Print office printer I I just bought this print away my wife so when you think about a
printer it's like basically the perfect business model it's like this sort of like blade up front yeah razor and blade uh but I was driving over here and I got I got an email that was like can you like print this out and scan it and like return it or whatever and I'm just like oh that's like super annoying I don't don't have a printer i' use like the like Postal Place um and uh and so I was like oh now I need to buy a printer I'm
like well like I need it to fit like the aesthetic of my office and like I'm like okay now I'm going to be like on hp's website being like what's the least ugly printer but then it's like okay like some things just don't die and in the same way that like vinyl records are probably like you know they're not as big as they were at the peak but like stabilized and like there's just like people with you know various um it's
like I would love to be able to buy like a beautiful printer yeah and like I'll sign up for the like you know yearly subscription you need to do it with somebody who's really cool and who the board of directors at Apple actually just wants to hang out with so you can sell the company like because like it should live that clearly should live within Apple they will never do it probably for ESG reasons because it's printing paper and it's cutting
that would be that would be like a MKBHD like make a printer be cool The Tech Guy makes the ant the beautiful like yeah I'm really bullish on Hardware that is like just extremely analog right like I want like it's the same way that the highest like the most luxury yeah like but like the most like bentle when they're making new cars or like we know that our customers like like switches and like stuff like that and so and it's the same reason that
like my least favorite technology company of my life is Sonos because you made this like beautiful looking speaker that is like you know very ugly to use and experience as a user from the setup to like it's not sinking anymore to why are these three speakers playing but like that one's not and like oh one of them's not connected to the internet and it's like I'm going to like take I I donated some Sonos speakers but I'm now wishing that
I brought them to the gun range because like because it would bring me joy to just like blow up like my Sono speakers it is crazy how like there are pretty big company and they deserve to get mauled by Apple they need a Hindenburg research we tried the product and actually is confusing that's the entire report yeah they said that people were playing music every day but it disconnects all the time disconnects all the time uh but it
it really is a testament that like in order to do the the absolute like top tier software engineering where stuff just works like you actually have to be a trillion dollar company like like apple like a 10 billion dollar company just can't do especi it's companies like like ramp obviously has built something that's like they're they're punching way above their their size in terms of like the quality of the software but it is it is extremely hard
it's craftsmanship to build like great software that actually works all the time like yeah CU Anytime you break those expectations well it's a firmware when anytime you're getting into like Yeah The Crossover is really hard yeah between the the hardware and software um did you reread this one mark andreon this is so this is so real what did he say he said overheard in Silicon Valley every company should add this question
to their interview loop it's fine if you have gone to burning man but are you currently going to burning man I think he means I he means like on an annual Cadence right not literally right now yeah yeah Burning Man I mean I know why he hates it extremely high NPS but can't invest in it that's it because if you ever talk to somebody who goes to burning man dude you got to go it's so amazing extremely high NPS yeah but they haven't so two
things two things I I you you've effectively had you know almost going on a decade of having the ability to do it without the desire to do it and I would say iasa and burning man yep and ultimately both of them were sort of intuitively demonic iasa is like hey I'm going to go take a plane 12 hours into the jungle to get one shotted by some jungle demon and then like hope that it cures me right um and then come back with like okay now
I'm dealing with whatever like trauma I was trying to deal with and the trauma of my jungle demon you know who's call what's under discussed in the iasa debate uh Lex fredman didn't get one-shotted I just listened to a recent podcast of him with the cursor team you know the like AI it's like a coding IDE uh it was just classic Lex there was nothing changed it was fine what do you mean he you're saying he did it and then came
back yeah yeah there was a whole Arc where he like went into the jungle he like took a bunch of time off he like I think he grew a beard and I think he in a conversation with Elon said he took like a mega heroic dose maybe it wasn't iasa but I think it was he did some sort of like shamanic Retreat and he came back completely fine has done here's the thing he just normal here's the thing with psychedelics if you're going into a
psychedelic experience and you're highly stable and you're in a good place then you come out of it being like cool I'm good I don't need a change if you go in an unstable place trying to make it fix you it's different to go into it being like I'm going to have this cool unique experience and maybe I like come out with a different perspective but going in being like please jungle demon fix me yeah uh well this was the the Daniel
thing was like it's sorting function and it's it's dangerous for Mark to invest in in in pre-sorted Founders and that and that he should actually only invest in Founders that have done the iasa and not been one still are doing Enterprise s exactly those are the those the generational those The Killers yeah so anyways I think that if you think about uh things that are sort of uh like sort of intuitively demonic going and taking a
poison and throwing up for for you know 12 hours in a Hut in Peru and like being visited by a spirit that is like making you you know face like your greatest you know fears um you know that sort of seems like maybe not thing that the average person should do um it'd be like you wouldn't be like Oh I'm going to go get an exorcism in Louisiana in the swamp you know it's like how different is that than like going to Peru yeah it's uh so
if if a Founder calls you up and says hey I'm going to be offline for the next couple weeks I'm going to Louisiana to get an exorcism and it's like kind of in this Hut swamp it's going to be really dark it's with somebody I don't know I'm
paying them a lot of money I'm not really sure what I'm getting in return there's going to be other strangers there that I don't know that are also dealing with their own traumas you'd be like hey hey bud uh I feel like it's my
duty to tell you to not do that and then also if you somebody was describing hey I'm going to go into the desert this place called Black Rock is it it's Black Rock City oh yeah black rock is the investment front Black Rock I'm going to
go I think it is Black Rock City is it yeah yeah so I'm going to go to black is it is it affiliated with blackhaw oh my God we just put it together Black Rock City black Rock's shorting Tech massively and they're and
they they're funding the thing that's one-shotting all the right technology is it actually called black Ro city that is ridiculous if that's what it's called Black Rock City Black Rock City yeah it's Thea oh my god well now I got to go black Rox involves black I love black rock yeah black rock is a phenomenal institution no but if somebody said I'm going to Black Rock City you think Larry F's ever been and he's like this is my
city he's the CEO of Black Rock uh I bet he's dropped in yeah he's flown in the PJ and like landed and he's like I run this place IUN this place I run this place he harvest the energy like what's the like the hearkening mode where he's like in like he's in like a bathtub in Black Rock City and he's just like fully locked into the energy of the PLA and he's just taking it and then he goes back to New York he's like I have what I
need he his but if somebody told you I'm going to go to the desert with a bunch of people I don't know all sort of Western Norms are thrown out the window people are going to be dressed up in you know lingerie or just naked and then everybody's going to do a bunch of drugs and have sex you know with strangers you would say hey uh I don't know is like that the best use of your time um have you done hard drugs like that before
like should you combine hard drugs and sex with random strangers you'd be like so I don't think everyone does everything there right but like just go and DJ and stuff yeah but let's let's be honest like the people that are coming
back being like dude you got it those are the ones that have been you know occupied by the demons and are now are now trying to spread that right um so anyways I think like if you just say it out loud yeah it all makes sense why
maybe the average person shouldn't do it and they should just like go to church or something you know like try try it's like the fork in the road meme there's City and then there's black rock HQ and you just want to show up to Black Rock HQ start grinding up the ladder yeah yeah it's you could go to the jungle and do hard drugs with a sketchy Shaman or you could just put on a suit right right and like would putting on the suit give
you the real effect that you wanted which is just like feeling good and just like looking good and just like doing good yep probably right like you could go to Burning Man or you could just put on a suit yeah and just like hit the spreadsheets you know hit the spreadsheets it's like gets people that are like I don't tip male waiters like hit the oil rig the oil R I've never heard that that's really funny where it's like
dude don't go to it's like don't go to don't go to Black Rock City like put on a suit and go to Black Rock go to Black Rock yeah I can't believe we just realized that I've heard about burning man for so many years never put it together black rocks behind everything they own the entire economy including but the burners apparently um well speaking of getting on the grind Set uh do you use a set of apps to build a second brain yeah yeah
this this this is um this is so it's the mid so good right everyone everyone has this at the Midway so I will say I can't completely roast this because I use the bear app which is just like a Notes app that I think is slightly better than notes but I do have just like a bunch of notes and a lot of them get lost and it's fine and like maybe it is easy to like roast this because it's like kind of like this over
optimized thing but um like it's totally reasonable to like have some organization in your life like just like don't go crazy with it it'd be like somebody like it'd be like a guy in Mad Men being like check it out all my
filing cabinets you know yeah and he's like I use this one for like important you know documents and I use this one for like pictures of my family yeah it's like I mean there there's something where it's like I the problem is that
just like from the context here just seeing this in the form of a tweet like I know that this person is like selling a course and like their like second brain is like their life and this is all they do is like organize and and it's like this self-referential thing where like they are in the business of organization as opposed to what I really want to know is I want to know like what is elon's version of this what's zuck's
version of this I just want to know like what are the actual think Black Rock like what is on his phone the High powerered version of this is just like having really talented people around you that you delegate important things to
right it's like the executive assistant it's the driver it's the co it's really just one app it's the phone it's the phone book and you just call the person and they pick up because they know it's important it's the COO that you've
worked with for 20 years that like you're you're like I'm not going to do this deal iFly if this person's not involved yeah I mean yeah at the high level i' I've always noticed that like the really the really big guys they always just like oh I'm like oh I have an app for that they have a person yeah it's like I have door Dash they have a chef yeah right it's like oh I have Zillow they have a person that buys real estate for them full time they a
full-time person that just goes around hunting for real estate deals like oh like you have you know the United App they have a private jet with a pilot that they just call and so it's just their phone book is like they want to do something okay call the call the driver instead of uber call the jet I got I got uh good advice from maybe the billionaires aren't so similar yeah yeah exactly you have they still have they
still have access to like the same things it's just like at a different level yeah I got really good advice from uh like um one of the the GPS at andreon after they invested cuz I was like oh we we rais a lot of money now we like should be like we're like a real company and I was concerned because I'd never worked at a company the size of my company so I had no like real like well how should the meetings flow when should we do
meetings like this and so I was asking him I was like trying to figure out like what the ideal like meeting structure throughout a week was and he was just like dude just like build just build the product like just build like sell the customers build the product none of that matters like you know and that's sort of like common Silicon Valley advice but sometimes you need to hear it at the right time and I would just ask like I
would just like ask this guy like cool like like how much money did you make in the last 60 days not from selling courses on your second brain you know and if the answer is like zero then it's like okay this is just like yeah you're a course bro yeah yeah the the the course bro definition is always quantitative it's did you make more money from content I remember watching somebody who was doing real estate content like how to invest in real
estate and he was like I made $3 million and I'm a real estate guy in in La I made $3 million last year and his breakdown was he made 50k as a real estate broker and $2,950 th000 as a YouTuber isn't that crazy that's amazing he like put this this was in like a CNBC like publish like they broke down all of how how he makes it and I was like this is hilarious and ridiculous seems like the only person that would ever like
make content like that yeah that actually makes money from business is like Alex Orosi oh yeah where he's like here's how I like run my day but then he's actually like owns a bunch of like profitable businesses um what else should we talk about light bulbs probably got to wrap up soon oh I wanted I wanted to do this uh I wanted to do this investment memos versus decks I thought this would be a good Q&A you're a big deck guy
investment memos are trending this uh this tweet from Mercedes ben says I'm seeing more Founders put together investment memos as fundraising material it's a good idea but too many of them read like book report summaries Founders
if you're going to write a memo make sure it reads like a thesis how you developed your thesis your unique vision for the future assumptions you make that could be tested risk to your thesis Etc so what's your take on on uh invest
versus deck huge mistake to go into a round with no deck because the visual are so important to the storytelling that if you just have this like text and like you know 20 paragraphs in a row it's just like so boring because if you have one one image where people's eyes going to go to I think people don't realize like I'm not reading your memo I'm not reading your Master's thesis on your business before I've even met you
because it doesn't matter if it's a good thesis if I have a five 10 minute conversation with this person and the person sucks I'm not going to nothing's going to happen right like that happens all the time with investors where it's
like the right idea and the wrong team and you can't invest yep and so I think that the reason to write a memo and this is this is the core reason to write a memo is to give the investor something that they can copy and paste
to make their own memo sure so write it as though they're writing it to their investment committee their partner meeting whatever the thing that they're going to share around the same thing for press releases if you do the journalist's job by giving them an interesting story giving them interesting quotes give them the photos give them the stuff like make it easy for them then they will be more likely to R yeah but I think like I I really
think people are doing it on a hard mode if they're almost all products are visual whether it's software Hardware yep some IRL thing huge visual component and like it doesn't give the visuals enough credit there are also some VCS that just like demand a deck every time and so it's like why would you just pitch a sub set of VCS by being hard on like oh I only do yeah well I don't think any legitimate VC is saying I
won't talk I won't Keith keithy demands deck I'm pretty sure he I'm pretty sure he like generally he won't he won't take a meeting unless unless sees a deck he invest 20 million into somebody he knows really well without any materials you know um so yeah I just think like that debate always comes up and one is not they just have like very different use cases I also on average the memo can often like just lead to the deck being
stronger when you build it right totally totally um but yeah it's just like not one or the other I think the I think the right combination that feels a little bit less like try hard almost because sometimes when somebody's like writing
some like super extensive memo you're like you should be like doing like something else like your seed stage your preed company like you don't know any of this but like FAQs I think work really well where it's like you basically
create like what are the 10 most common questions that somebody ask how are you different than XYZ competitor and you just answer all those and then as you get more questions than you're rais you just add them to the list and then by the end you have this like document that you can just share with everybody and then that like again is helping them do their job so they're at their investment their partner like meeting talking about
it and somebody's like well we looked at this company and they're doing great how is it different they're like well here's how it's different yep so you're just like making the job easier for your potential investor who if they invest will become your partner so you're already like should be acting like you're on the team yep um so that's that's how I would advise people to approach it I like that that's a good place to close it out