Why Listen To This?
- The hosts are serial entrepreneurs who are always on the lookout for interesting businesses and exploring business ideas.
Learnings
- ‘6 — More Plates More Dates
- Gorilla Mind – Supplement Company
- Merit health – TRT(Testosterone Replacement Therapy) Clinic: Does Hormone replacement, hair-loss treatment etc.
- ‘9 — Kayla Itsenes
- Fitness Youtuber.
- Created Sweat app; sold for $400 Million
- ‘10 — Mark Rober
- A former NASA Engineer
- Makes Engineering/Science Videos — “Testing if sharks can smell a drop of blood”, “World’s biggest T-Shirt cannon” etc.
- Monthly subscription box; kinda like a “science kit”; enables you to build products yourself.
- ‘11 — Ben Shapiro
- Conservative News Guy
- Owns “Daily Wire” – a subscription news media company; Just under 3-4 million years of existence
- Anti-Mainstream Media
- More than $100 Million a year in subscription revenue
- Jeremy’s Razor:
- Harry’s Razor was a sponsor of The Daily Wire.
- They withdrew their sponsorship as they were not comfortable with the Pro-Right stance that the Daily Wire took. So thereafter, They spun off a Razor company called Jeremy’s Razor.
- Jeremy is one of the co-founders of The Daily Wire.
- They have an ad mocking Harry’s.
- ‘15 — The Pat McAfee Show:
- Does videos on NFL
- Did a 4-year, $100 million deal with Fanduel for his NFL show.
- Was also a commentator on WWE
- ‘18 — Mindy McKnight:
- Has 5 kids, all having different types of hairs.
- The content revolves around how you can make cute hairstyles no matter your hair type.
- She did a launch with Walmart for her product; second biggest launch with Walmart; Over $100 Million in sales.
- Her YouTube channel has 5.3M subs and her twin daughters’ channel has >7M subs.
- ‘31 — Billionaire of the week: Sam Altman:
- Found Loopt in 2005 at age 19
- Went through Y-Combinator, the founder of YC liked him, kept him as a partner and eventually was made President of YC
- Excited in 2012 at $43 Million
- Went on to create the Non Profit Org OpenAI(the startup behind ChatGPT); worth $40 Billion at the time.
- Invested $375 Million check for a Fusion Company
- Bagged $5M after exiting Loopt;
- Was one of the first investors in Stripe.
- Did some 40 deals and Petter Theil helped him raise a fund of $21M.
- Some 5 out of the 40 gave 100x returns
- When he was at his school in St Louis, a Christian group boycotted an assembly about sexuality.
- Sam Altman takes the mic, announces that he is gay and asks the school whether they want to be a repressive place or a place open to different ideas.
- The school counselor said that what Sam did changed the school forever.
- He sold everything except the following:
- A 4-bedroom house in San Francisco
- His 5 Cars(McLarenss and Teslas)
- A property in Big Sur(in case the world ends)
- A reserve of $10 Million; the interest from that should cover hiss expenses and the remaining money, he can use for the good of humanity.
- He once went to a meetup and someone asked him what he does for fun. His reply:
- Likes racing cars
- Likes to fly rented planes all around California.
- Prep for survival:
- He heard about some Dutch lab modifying some H1N1 virus to be super contagious; realized that the chance of a lethal synthetic virus being released is non-zero.
- So he has guns, gold, potassium iodide, antibiotics, batteries, water, a gas mask from the Israeli defense force, and a big patch of land in Big Sur that he can fly to if the world ever ends.
- He heard about some Dutch lab modifying some H1N1 virus to be super contagious; realized that the chance of a lethal synthetic virus being released is non-zero.
- He once was talking with Brian Chesky(founder of AirBnB) at YC:
- Brian showed his presentation and said they could make $100M a year of revenue doing this.
- Sam told Brian to add zeros to the number there and change the “M”s to “B”s.
