00:00
And then we have another guy, Larry Ellison, billionaire guy, you know, fifty billion plus. They started Oracle.
00:05
He says death has never made any sense to me. How can a person be there and just vanish and just not be there?
00:13
Was he Stone?
00:24
Dude, I got a lot of stuff talk about today, do you? Yeah. I'm excited. I'm excited to see about, you know, I wanna say something.
00:31
People have been a little bit spoiled by this podcast. I I gotta say. Like I said, a little spoiled.
00:37
People just expect that every single episode is gonna be a banger. Every single episode is just gonna bring a little smile to your face, put a little money in your pocket,
00:46
give you a little nugget of wisdom that you might be able to to say to somebody throughout the day, and they think you are you are that wise. I think people got a little spoiled. Not every podcast
00:55
is gonna be a banger. Not every podcast is gonna deliver. Not every day is gonna be one of those days.
01:01
Some days you just don't have it.
01:03
But today is not that day. Today, we have it. You have it too? I just I I just looked at the document. I what you had on there. I don't know anything about these topics. I'm excited to hear what you got. Let me bring up the first topic. Rich people and
01:17
health. And I'm talking, like, really rich people.
01:21
And the reason I was interested in this is Sam Altman, all the rage right now, Sam Altman, you know, help run Y Combinator. And then now is the CEO of OpenAI, and he's in the news because he did this, like, thing in front of the Senate, and he was very endearing. He's he's he's incredibly likable, not and and and he's also very successful.
01:40
I read this article, and it said something about
01:44
two things that stood out. It said something like
01:47
he put all of his liquid net worth. So he said in this article, he goes, I basically put one hundred percent of my liquid net
01:53
worth into two companies.
01:55
The first is Helion Energy.
01:57
He invested his own money three hundred and seventy five million dollars of his own money
02:02
And the second business,
02:05
was called retro. It's a health company. He invested a hundred and eighty million dollars. So that kinda caught my eye. But, brother, remember, we did a segment on Sam, I don't know, couple months ago, and it was because I had read this thing that Sam Altman led the round and healing three hundred something million dollars. And I started texting people being like,
02:25
how much money does Sam have that he's investing three hundred million into a single company
02:31
is he does he have a fun? Does he secretly have a fun? And some people are like, no. I he might have a fun. I'm I wouldn't be surprised, but I think this was a I think this was personal. Right. And it just didn't make sense. And we did this whole deep dive because that one number
02:43
just sounded outrageous. And now this is some new information that he's saying. Yeah. I actually did put all my eggs in two basket. Two two eggs in one basket. In a recent article, the quote is that or there's a quote from him admitting. He goes, I basically put all of my liquid net worth in the into that.
02:58
And so retro health kinda caught my eye. And then in another article that just came out, He said that, he was talking about,
03:05
like, his daily routine. And he talked about his, like, he's obsessed with, like, everyone used to talk about how he was obsessed the end of the world. So he has, like, this property that has, like, gas masks and all this other shit, whatever. That's interesting, but we've talked about that. But then he also says that he's really obsessed with anti aging. And he goes, It's mostly simple stuff. I try to eat healthy. I exercise. I sleep enough, and I take metformin.
03:26
That caught my eye. One of these does not belong. Yeah.
03:30
One of these is things my my mom advises me to do that the one all of these are things my mom advised me to do except for one. Yes. So the metformin, they caught my eye, and also that he put three hundred million dollars of his own money. He goes, I take metformin, and he goes, I also hope to one day take retro health medicines, which they haven't come out with yet. Have you have you heard of metformin? Do you know what this is? I've heard about this because,
03:51
vitalic, the guy from theorem. He was on someone's podcast and they they've instead of asking about crypto at one point, they were like, let's talk about other stuff you're super into. Like, oh, longevity, you're interested in health, And he's like, yeah, I'm, like, kind of interested in it. You know, I've taken metformin and rep what's the other one called rep? Something rep reps in my Yeah. Yeah. Yeah. That's another longevity drug. I don't know much about that. And he's like, He's like, I I I don't think he said he takes it regularly. He's like, but I'm interested in that. I'd like to I'd like to learn more about that. So,
04:19
about a year ago, I was telling you about semi glue tied. And I'm like, this drug is interesting. I think it's gonna be popular, and it got very popular. No. No. Say what you really said. What did I say is a miracle drug? You're like, dude, I'm injecting myself with this shit. Unbelievable. I don't pray candy anymore. I'm losing so much weight. This thing's crazy.
04:37
Is that right? I I tested it out. I don't take it anymore, but I'm I'm like a guinea pig. I'll I'll inject myself with anything to try it And so I tried it out. And so I got a little bit and more interested in the in this. And so everything I'm about to say, I wanna preference this that's saying, I don't know shit. I've listened to, like, a handful of pop podcasts and read, like, some studies. That's about that's the the education I have here. But, basically,
04:56
metformin is similar ish to semi glue tied in that it was created in the nineties or it was created before that, but got FDA approved in the nineties. And the whole shtick behind it is that it helps,
05:07
insulin,
05:08
insensitivity,
05:09
which basically just means when you eat sugar or crave sugar or whatever, your blood sugar spikes.
05:15
And if you're diabetic, that's why this drug is important.
05:18
That's basically all I know. But the reason why this is important for longevity is what people have found is that there is a huge correlation between your blood sugar
05:26
spiking and how long you can live. So, basically, when your blood sugar spikes, like, a huge amount as if you just ate tons of sugar, and if that spikes a lot, that's correlated with living
05:37
less
05:38
or not as long as it being, like, stable all the time. So the reason why some of these I think they're called GLPs.
05:45
Glucose, like it basically limits, like, your glucose spiking is what these drugs do. That's, like, the dumb meat head version, which is all I know of explaining it. And The reason why these drugs are interesting is because they were given to diabetics and like, oh, hey, your sugar, blood sugar isn't spiking.
06:00
Oh, weird. A lot of these people are living, like, kind of a long time, what the hell is going on. And then that's when they were like, man, this drug actually might be good for making you live longer because it's correlated with keeping your blood sugar low, which is also correlated with making you live for a little bit longer. And so that's what this drug is. And I started googling it, and all these, like, bot and there there's definitely downsides But all these, like, biohackers and also, like, these really rich guys. I'm talking, like, five hundred million billion dollar of folks. It seems like a ton of them are taking this drug. Do you know anyone who's taking this?
06:31
Personally, I don't know anyone who's taking it, but I don't,
06:34
ask, and I would bet
06:38
a good number of our friends I would say, like, I would bet the twenty percent of our friends who kinda fit this category of, like,
06:45
They, they went into Tucky cheese. They got all the tickets, and now they don't wanna leave.
06:51
It's basically, like, really rich people who have won at life, And now they only think about big picture things, and they're trying not to die because, they got it they got it pretty good. And so I would say it's it's probably very common in in those circles. And so, like, I first was interested in how, like, wealthy people care about health, like, years ago. Ten years ago, I read the biography of John Rockefeller,
07:10
And John Rockefeller,
07:12
you know, was he probably died in nineteen thirty or nineteen forty. So he basically, in the book, they're like, he chooses his food super slow, and he makes sure that it's, like, fully liquid before he swallows.
07:24
like, when he was, like, eighty years old, he basically was, like, a vegetarian if he wanted to eat a piece of chocolate, he would, like, call his doctor and say, like, hey. Is it okay if I have this? And he was, like, anal about that. And then I listened to Ben Wilson's, how to think about the world with Tom Medicine, Thomas Edison, and he did some similar stuff. And he was, like, I eat light, and I try to I don't overeat. I take a nap once a day. Like, he like, all these health stuff. So I started thinking, like,
07:47
That's interesting. So, like, wealthy people have always cared about it. The difference between today's wealthy people and in nineteen or eighteen eighty is basically, like, we have a
07:55
bit more science. And so I've been obsessed with, like, what some of these wealthy people are doing. And I wanna read you a few quotes and tell you about a few interesting things that people are doing, like, incredibly wealthy people. For example, Peter Teel, he has the most Peter Teel quote I've ever heard on death.
08:10
He says, there
08:12
There are these people who say that death is natural, and it's just part of life. And I think nothing I think nothing further can be from the truth.
08:22
he goes, I I believe that the acceptance of death is a psychological defense mechanism, and I dismiss it as being weird and sociopathic.
08:30
And then he talks about, like, how, like, living forever will be bad for the economy. He goes, that's okay. Even there are problems with that, it's better than being dead. And so he, like, talks about how he takes HDH human growth hormone. And he's doing this other thing called parabiosis,
08:43
which I don't know exactly what that is. But he's spending,
08:47
whoa, and that's, like, where the the rumor of him being a blood boy. So parabiosis is, like, where you take younger people's blood and put it in your body, to, like, live long. But that's all I know about it. And then we have another guy, Larry Ellison, billionaire guy, you know, fifty billion plus. He started Oracle.
09:03
He says, death has never made any sense to me. How can a person be there and just vanish and just not be there?
09:11
Was he stoned? Yeah.
09:13
It's like, you know how, like, babies, it takes them, like, six months to realize that, like, when you cover your eyes, like, you're you're you're, like, you cover, like, your own eyes. And, like, look, I'm not here. Now I'm here.
09:22
He's it's kinda, like, he's, like, Benjamin buttons for that. Like, you know, he's going in reverse.
09:27
This is stunned by a game of peekaboo. And then there's, one more person that I thought was interesting that we've talked about Brian Johnson. We've had him on the pod. He has this thing blueprint, which we all know about.
09:38
But two interesting changes have come from that. So the the background is Brian Johnson started Braintree, which owns Venmo and all this other stuff. He sold it. He's likely a billionaire. And he does this thing called the blueprint where he, like, a spending two or three million dollars a year, and he, like,
09:52
doesn't eat sugar. He only eats plants. He exercises in a certain way, but he measures all of it, like, religiously.
09:58
And you can go on and see it. Well, I found two things interesting with that, that now that he's getting popular, which I think you and I get, like,
10:06
point five percent credit for him being popular. We were we were early on that train, the way that which gives me pride. But
10:13
one, one interesting thing is there's a subreddit now called, like, the blueprint. And there's people mimicking what he's doing. And I've been paying attention to the subreddit. It only has, like, three thousand people but the engagement is really, really high. And there's people testing it. And when I read their post, I'm like, I don't know entirely the if, like, being a vegan is good or not good for you, but the way that you guys are describing this, I'm all in. You know what I mean? Like, it's very intoxicating. And whenever you see stuff in content like that,
10:41
I I can kinda feel like it's gonna be popular. And the second thing that's popped up is go to, rejuvenation
10:49
Olympics dot com.
10:53
Okay. What are the what are the rejuvenation Olympics? Is it what it sounds like? I mean, how does work. So there's a leader board of which Brian Johnson is number one, but there's thousands of people.
11:03
By the way, the tagline is hilarious. What is it? So it says So rejuvenation Olympics,
11:09
where you win by never crossing the finish line. That's good. That's amazing. Right? That's good.
11:14
Well done. Whoever that was. Nice one. So the whole competition is to see is who can decrease
11:20
their biological
11:21
age
11:22
compared to their chronological age So who can, like and I don't understand how they make up, like, the the rules, but it's hundreds of people. And they're uploading, like, their pre results, and then they're, like, most recent results. And then and, like, I don't I think I don't know if there's a prize other than bragging and potentially not dying,
11:40
but it's really fascinating. Do you see that list? It's cool looking. Right? Yeah. So, basically, it'll be like, Brian Johnson is chronological age, forty five years old, and then it's ranked on his improvement from the baseline, which I'm not sure exactly what that means. But I'm guessing it's basically what his
11:57
is chronological age versus biological age. And what's the diff? Is it kind of my my guess?
12:02
What's the diff? Yeah. Yeah.
12:05
You got hit the diff.
12:07
But anyway, all this stuff about, like, what, like, you know, there's like, what's that phrase? Like, whatever, like Brian Johnson created this thing. So Oh, he created it. Okay. Some guy, Oliver,
12:19
Did it. Yeah. So, you know,
12:21
I also have, handsome Indian Olympics dot com. Yeah. I'm currently number one.
12:27
We're taking contend taking nominations for spots two through one hundred.
12:33
But dude, it is, like, fascinating. Like, what's that phrase? Like, whatever, like, the nerds are doing on the weekends is gonna be popular. It's kinda the same thing with, like, billionaires, which is, like, whatever billionaires are doing, like, everyone else is gonna wanna do. And, this stuff is fascinating to me. I I don't know, like,
12:48
I don't know, like, a, if any of this is true or bullshit.
12:52
And b, like, can any normal person ever have access to this stuff? I don't know.
12:56
But I know that there's something here, and I'm not, but I'm not sure how it's gonna play out. Well, okay. Let's let's do a couple of these,
13:04
kinda like takeaways. I think you're right that
13:07
this stuff like metformin and other anti aging or reverse aging drugs are gonna get more popular.
13:14
I also think that By the way,
13:16
metformin and semiglutide. I don't think they're in the same category at all, but kind of in that they're, like, diabetic stuff that now regular people are using. Semiglutide,
13:24
it's sold out Like, if, like, you if you place Globally. Yeah. Like, you can't it it takes even, like, if you're wealthy, it takes weeks to get it. Like, so that has happened already. Like, there's on TikTok. So, like, TikTok, I think, is, like, a good barometer of what, like, the average person is doing. Like, Lady Gaga had a video, and she looks skinny, and they called, and, like, the top comment was like, damn, she's got that osempic face because apparently if you lose a lot of weight really quickly, so, like, people are already, like, using that as, vernacular and and phrasing. So it's already there.
13:55
Totally.
13:56
The second thing I would say is I had never even heard of this concept of measuring your biological age versus chronological age. Like, I didn't even know there was a there was such a thing that you could separate those two numbers.
14:07
But now that I know, I don't wanna unknow it. And, actually, I'm very curious as to what my biological versus chronological ages. I'm sure there are many, many people who are curious about that. And so I could see somebody creating a testing service
14:20
that's either kinda like a everly well, whatever. That's like, you know, draw your blood and and give you some result or, like, even a clinic, like a DexA scan place where you go and that take you through the battery of tests that you need to do in order to give you this report.
14:33
And, so I I could see that being, you know, a a business or a trend that that takes place in the future. That's kind of exciting. And I think you that the beauty of that model is basically,
14:45
you can
14:46
You could go low price on that test because I think you get your upsell will be so strong.
14:52
Once you give someone their number and they're sort of thinking about the big picture,
14:57
I think you could upsell thousands and thousands of dollars worth of either
15:01
nutrition, training, medicine, some combination of
15:05
of whatever health stuff, if you had a low cost,
15:08
like, an at cost, basically,
15:11
biological
15:12
age There's a company that's doing it right now that I tried out. It's called Inside Tracker. I first heard about them because Andrew Huberman talks about them. So I don't actually know, like, the science behind it, and it could be complete junk. I I don't I'm not sure. But because he endorsed it, I was like, alright. I'm interested. But it's called inside tracker. And I do it about twice a year, and it's six hundred dollars and you go to, like, Quest Diagnostics or Lab Corp and you get blood, and then you get the results in, like, a week. But it's called inside tracker. It's six hundred bucks or maybe seven hundred. Something like that. Still not like crazy cheap, but, like, once I saw my biological age, it was, like, a competition. So now every time, every six months, I'm trying to, like, reduce it. So what is your difference? What's your chronological versus biological? Do you have a big difference or no? Yeah. Nine years. So my biological
15:56
was
15:57
twenty two or twenty three, something like that. I'm thirty three.
16:01
So it was it was I I did pretty good. Yeah. That's amazing. The only thing I had to work on was my cholesterol. I had higher cholesterol, and I don't even know, like, entirely what cholesterol is. What did you do? You just gave blood in order to do that? Yeah. Yeah. You you give a fair amount of blood. But, yeah, you you give blood. Because I thought what Brian Johnson did, he's measuring, like, each organ individually. Like, so he's doing. He like, what I'm doing is, like, the JV team. What he's doing is, like, professional athletes.
16:29
Yeah. He's he's, like, going overboard. Or I don't know about over overboard, but, you mean, you know, you know, he's crazy. Right? Like, he'll eat, like,
16:36
the same meal every single day, and it's, like, nuts or
16:41
like, No. It's like a hot oatmeal made of spinach. It's like crazy.
16:47
I saw this tweet So, basically, on May fifteenth, this guy named Ben tweeted out that on this one website that buys and sells businesses, there's a podcast
16:57
for sale
16:59
It does two point two million in profit. It's an entrepreneur podcast.
17:04
The owner works twenty hours a week recording seven podcasts, so it's one per day.
17:11
The company only has three full time employees, and it's a podcast been around
17:17
for,
17:18
ten years.
17:19
And it has nearly four thousand episodes.
17:25
a, I was figuring trying to figure out which podcast this is, and I have a guess of which I'm almost certain it is with but this person has never confirmed it. I think it's entrepreneur on fire by John Lee Duemas, who's been on our pod and us on his,
17:39
but I have no there's no confirmation. This is just a guess. I would bet
17:42
everything that it's him.
17:45
And then but I have Still to guess that I would bet my life on. Yeah. But I have zero. I have, you know, it's not actually confirmed. And the second thing is
17:52
he's asking
17:54
fifteen million dollars for this. That's the asking price. So my question to you is, What do you think this is worth?
18:01
It's hard because if you buy it,
18:04
he's not coming with it. Correct?
18:06
So the way if you guys Google,
18:08
like, So the guy's name is Ben Tigler. So t I g g e l a a r, and you'll find his tweet. You get directed He's a good follow-up, by the way. He's good, like, buying businesses' tweet. So I like his Twitter. He'll link you to a thing where you could see, like, the page that,
18:23
that that that you'll see a bunch of high level details, and then you entering your information and then make you sign an NDA, we'll send you the whole deal book. I purposely didn't do the NDA part, so just so I could talk about it. So I'm only seeing what I saw on the deal page, which is like high level stuff. So I don't know if he goes with it. By the way, if you go to his If you go to entrepreneurs on Fire's website, there's a ticker at the top that shows,
18:47
revenue for April twenty twenty three. You click it and it'll tell you that, in April, he made a hundred eighty one thousand six hundred and seven dollars. Here's the full report. And you could see that since he launched it ten years ago, This podcast, he says, has generated nineteen million
19:02
dollars in net income
19:05
for him in the in the,
19:07
I guess, eleven years now since since it is,
19:11
since it's been launched. That's pretty stunning.
19:14
For for this podcast that I would say is, like,
19:17
a good podcast, but it's not like,
19:20
it's not like one of these podcasts. If I said, like, name the podcast that, you know,
19:24
favorite podcasts in the world, the one that influences you the most, the one that what's the most one of the most popular entrepreneurial podcasts, I would not name this one. I don't think most people would name this one. And for this podcast, I've generated nineteen million dollars in net income since, two thousand twelve is is pretty pretty stunning. And you can see that it's basically ninety one percent sponsorships.
19:42
Four percent courses, four percent affiliate, two percent of his book sales. In my my opinion, and this has nothing to do with John. This has nothing to do with his business.
19:52
I think that this podcast is worth without him close to zero.
19:58
Just about close to zero. And what is interesting That's crazy.
20:03
No. I and I'll explain why because what let's say that you own this what's gonna happen, you pay fifteen million dollars. What's gonna happen, like, the first six months without him? Like, you're just gonna make residual
20:15
revenue and or and then what? He'll go and start his own. He'll go oh, well, no. I think you're gonna have a non compete here. If you if you buy this thing from First of all, nobody's buying this for fifteen million. That's because it's What do you think it's worth? I think you could buy this. I think you could buy something like this for five to six million if you were serious about it.
20:33
You would have to be betting on two things.
20:36
Number one, that the loyalty is to the because I think what he does in interviews correct? I don't actually listen to the pod, interviews. It's like twenty minute interviews. So you I think you have to bet that his
20:48
view listeners are there
20:50
to hear a certain type of person come on and speak, and you have to be a good interviewer. So they're not there for John, they're there for for, guest, guest a, b, c, d,
20:59
You'd have to be rebelling that. And you'd have to be betting that he's not gonna go create a competing podcast of the same ilk.
21:06
And draw away people who are used to him there. If you were to do those two things,
21:11
and you bought this at a two or three x multiple of profits,
21:17
I don't think that's insane.
21:19
I also don't think it's what I would do. Like, I don't think I would make that bet But I don't think that's an insane bet. To buy it for fifteen million, I think, is an insane move.
21:29
You think what do you think he'll get?
21:32
I think he's likely to get no offers period,
21:35
because the number the the subset of buyers is pretty small for something like this. And I think he could sell it for between one to three x profit. Dude, and I don't know why he would post it. Maybe we'll we'll be proven wrong. I don't know why he would post it on this site. Because a guy like Ben found it. And immediately, people were in the comments were like, oh, it's this one. This episode had like, they show all your revenue. I know how many episodes it has. Like, this is just, like, the easiest thing ever. You know what I mean? Like, they, like, totally guessed what it was, and I think that that's crazy. I I I that's as it was a tough mood. And it's also, like, we appeal
22:12
to entrepreneurial people who buy and sell businesses
22:15
And so you're just gonna, like, your audience is the one that's gonna out you. You know what I'm saying? Does he say, does he say how much, how many subs like, how many subscribers he has or how big the podcast is? Yeah.
22:25
In, in the listing, I think it says how many downloads it's either it gets a year or a month, but I believe it doesn't say what it what it is.
22:35
It just says a hundred and forty five million listens. So I don't know how you would calculate that. You divide that
22:42
by I mean, it's too many episodes. It's like four thousand episodes or something. So but it's something like one to two million downloads per month.
22:50
On a and that's a daily pod. So I don't know how much each one gets. But,
22:54
anyway,
22:55
kind of an interesting thing. If someone could sell this, like, a personality driven podcast, and then that reverts to not personality driven, that this would be very, very, very fascinating.
23:06
Yeah. I am very curious to see how this plays out. I don't know how personality driven he is. I think that's the that's the question. Like, if you're,
23:14
Like, if it's the Tim Ferris podcast, it's literally called the Tim Farris podcast, and I would say that the that Tim is a very branded interviewer.
23:24
You know, his voice, his
23:26
style, his face, it's the thumbnail. Like, I think that's, like, impossible to sell.
23:30
Entrepreneurs on fire
23:32
Would you only do most? I don't know. I I think it's I think it's possible.
23:36
But I'm not sure what the upside would be. You know, you have to come in and be like, great. Here's what I'm gonna do. Let's see. Can I How can I make my investment more more valuable? Can I add more episodes? Well, he's doing one a day already. So probably probably not much from there.
23:48
Can I launch auxiliary products? Well, he's already got his journal, his book, his course, his affiliate links. It's like, no. He's kind of squeezed all the demonetization
23:57
juice. It's not like there's obvious
23:59
things that he just didn't do,
24:01
for this thing.
24:02
Can I grow the audience? Not pretty much impossible to grow a podcast audience. By brute force. It's not like a really clear clear way to do that. So I don't know why you would buy based on that. I think
24:13
based on based on the the fact that there's not very clear growth levers, I I think that makes it a tough buy too. I guess we will see.
24:19
But he can tell us what he can tell us why we're wrong. Maybe tweet that as John. Tell us why somebody should buy this for fifteen million and how they're gonna make, you know, three times their money in, in the next, you know, five years on on the on that.
24:49
The MacGregor documentary. You watched it? Yeah. Really good. It it didn't talk about his business stuff, which I thought was kinda I wish it would have, but it was really good. What do you think about him? Okay. So my is I I used to love Conor McGregor. Like, at at a given point in time, he would have been by far my favorite athlete. You know, it's a combination of entertainment,
25:08
you know, success
25:09
and, the mindset. So, like, you know, I I thought that that was, like, just an amazing combination I'd never really seen before, and his run up from
25:18
guy who was basically a
25:20
apprentice
25:21
plumber on welfare
25:24
richest athletes
25:25
you know, highest earning athlete in the world global global star two weight world champion
25:31
in, like, a six year period was That six years of following that was unbelievable to watch that kind of rags to riches story. He was kind of like the equivalent of a red but in Ireland is what I've realized. Like, much of that documentary, I was like, oh, you, like, are really good looking, but you were, like, a trashy, like, redneck person. Like, that that's basically what you were. Yeah. Exactly. Exactly. And so and he's had many documentaries, actually. He's had many because from the beginning, he was filming or people were filming him because he has, like, a sort of charisma and a magnetism about him. And he had a lot of self belief. He had, like, an unbelievable amount of self belief where he's like, hey. Record this. Record this. And they're like, who are you? What? You're not even you're an amateur fighter. Like, why why are we recording you? And he's like, because I'm gonna be the best. And so he's actually had, I think, three different things on Netflix. This was the latest one.
26:19
Couple of thoughts. Number one,
26:23
special people,
26:25
are nuts.
26:27
And you gotta be a little nuts in order to do what you're doing. And he's openly admitted
26:32
to being a bit nuts. In fact, he has this quote in the documentary where he's like, I'm like Vincent Van Go. I've lost my mind to the game.
26:41
I don't I don't know nothing of it else except for this game. Every moment, every thought is about
26:46
is about this game. I have lost my mind to it, and I, like, I wouldn't have it any other way. There was, there was an interview where someone was like, hey, what'd you think about the Manchester United game? And he was like, oh, it was good. You know, it was great. Look, I'm gonna be honest. I don't I don't even know what Gabe you're talking about. Like, I I don't know anything about soccer. I keep you could ask me about politics. I don't know anything about I I I watch none of this. All I care about is fighting. Right. Exactly. And so he has, like, a laser phone. That's all on the come up. And then
27:13
He makes it he becomes the highest earning athlete in the world. He's,
27:17
creates this whiskey brand that sells for six hundred million dollars. And he makes maybe two hundred million out of that. You think that? You think that those that number's right? Yeah. Pretty sure that's right.
27:27
And then,
27:29
and then he's got his suit line, then he's got his His McGregor fast program. He's got his, recovery spray. He's got, like, all these other businesses. Right? And so he,
27:38
and then, you know, he starts to lose, and he starts trouble with the law, and he starts to sort of he could become as as large in a life persona. So he's an interesting guy. He's he's got a little bit of a screw loose. I thought two things stood out to me from the documentary.
27:50
One was
27:52
early MacGregor mindset was the best. So the way they filmed this was they would take present day footage
27:58
of him going through something, And they would splice it with, like, before he was famous, the things this guy would say, and they put it together. And when you watch it together, it's like,
28:08
the perfect mindset. It's like adversity,
28:11
and then him saying exactly how to deal with this adversity, or how to avoid this, the this this problem.
28:17
But the problem was all of the mindset stuff was from him before.
28:21
It was, like, you know, him ten years ago.
28:23
And, I think, you know, the the editing made it look like I sort of in a way, like, very admirable, but I I think what's interesting is actually how much it changes. Like, the mindset that got him there isn't necessarily the mindset he still has. Because,
28:39
at the beginning,
28:40
his mindset overcame his environment, like, nobody of Mylan had ever made it. He didn't have a proper, you know, like, you know,
28:48
training,
28:49
set up. He, you know, he was not even in the UFC, and his mind it was, like, mind over matter.
28:55
And then the problem is, like, then the matter got so big. He's sitting on a Lamborghini
28:59
yacht. He's got, you know, everybody kissing his butt and, you know, he he doesn't to wake up at four in the morning and go run anymore. Like,
29:06
then at some point, the search the he his own success became his demise in a way. I think there's some poetic in that The second thing I thought was get a quote that I really loved. I think is very relatable to me at least.
29:18
They go so what happened? Did you just you stopped training. Everybody says that. Whenever you got rich, you stopped training. He goes, no. No. No.
29:25
In training, I was a hundred percent committed.
29:28
That was a hundred percent. I gave every ounce of my effort in the training sessions.
29:34
It was outside the training sessions, and I was not a hundred percent committed. I was seventy five percent committed. He's like, but that was the difference. He's like, you know,
29:42
you know, the it it like, here, I was willing to sweat. But outside of this, You know, I would, I would tell myself, shouldn't eat that, then I ate it. You shouldn't drink that, then I drank it. You should you should what you're gonna wake up at this time. I don't wake up. You're gonna go to sleep on time. I don't go to sleep on time. He's like and those little he's like, those were little losses. And those little losses or it could have been a small win, and it said it was a small loss. And I was taking those small losses outside of training. And he goes, that's what deteriorates
30:12
the mind. It weakens the mind.
30:14
He's like it infiltrates your your brain, these small losses. They don't individually, they don't seem like anything, but they add up one day after another. Nuh, next after next. And my mind became weaker and doubt started to creep in for the first time. And, you know, I I started to slip outside of the training. And I thought
30:32
Man, that's such a good
30:33
lesson and frame for, like, since I watched that.
30:37
Now all day, I see opportunities. I'm like, this is either gonna be a small win a small loss. Snuck it. No one's even gonna know besides me. Only I know that this situation is even occurring.
30:48
You know, I'm feeding my daughter She's eating mac and cheese. Abby eating clean all day, but she doesn't eat the food. And now there's mac and cheese in front of my face or or, you know, do I take that bite Or do I not take that bite? It's a small win or a small loss. You know, going to sleep on time. It's a small win or a small loss. And since that documentary,
31:06
I started racking up small wins. I realized how many small losses I was taking, and I decided not to take those out. You wanna know something funny? Yeah. I remembered that exact where he goes, there was times I was supposed to wake up. I didn't wake up. I knew I shouldn't have ate that, and I ate it. I hate that. Yeah. That that was it was so relatable. There's this, you know, the thing about him is there's all these small details about him that were really fascinating. For example, he has a tattoo on arm, and it says flow is smooth and smooth is fast.
31:34
And I thought that I thought I was like, that's just a really good phrase. That's a It's a military phrase. I don't know if you've ever heard No. I didn't know that. And I thought that that was That's like, I think it's like a navy phrase or something. There was a guy who worked for us that was in the army. He he used to say that. He used to say, I know we wanna go fast, but but remember, slow as smooth and smooth as fast. And, he goes, that's how they teach us when I think it's for rowing,
31:54
like, like, if you try to just thrash while you're rowing,
31:57
You're trying to go fast, but you're not actually gonna go fast. What's what works in rowing is clean, smooth, aligned strokes by the whole team. And the boat goes fast. And, like, that's kinda what you wanna do. Yeah. And he was fascinating. And he also,
32:11
I don't know if he explicitly
32:13
said this, but There was this one time where he does his famous thing, and one of his, I think his first UFC fight, he knocks someone out. And at the end, typically, one fighter of the sixteen gets a fifty thousand dollar bonus,
32:25
if they have a good knockout. And at the end of the interview, he goes, Dana,
32:29
Fifty G's, baby.
32:31
Like, he's caught out data to give him the fifty G's. And he was the first person I think to do that, which is pretty funny. And then afterwards, they go, alright. Fine. You got figGs. And they go, what are you gonna spend it on? He goes, dude, I was on welfare last week, but I'm I'm gonna I'm gonna buy a suit. I'm gonna buy this. And then the next fight Ariel Hawaiani who we've had in the pod interviews him. He goes,
32:50
Connor, I saw that you just showed up in a Louis Vuitton, like suitcase.
32:54
He goes, and he said something like, I gotta buy the best. I feel like the best. And if you look at his life, I'm typically not a guy. I don't like to spend a lot of money. I don't like,
33:03
you know, flashy stuff.
33:05
But he does something interesting where he starts leveling up his life to where he's, like, and, like, he'll wear, like, if, like, you and I, if we think about, like,
33:13
When we are younger, we're like, well, a businessman has to have a suitcase and a tie. And then now we're older, we're like, who the fuck would wear that? You look like a fool. He still kinda plays that part. So when he goes to a business meeting, he wears a suit. And I look him in that suit, and I'm like, yeah, dude, you look like I trust you more. Like, for some re like, you know, there's, like, you look more. It's a custom fitted tailored three piece suit to the, you know, to the to the nines. Yeah. And my takeaway from that was, like, you know, like, I used to dismiss, like, certain dress or certain clothing or certain cars, like, but, like, man, sometimes when you level up your lifestyle, it's almost like there's this whole story about a guy who wanted to sell, like, picasso. And he's like, come to my warehouse, look at the picasso, and the guy looks at it, and then there's a and and he wasn't very impressed. And there's another story where a guy takes him to this, like, small theater where there's classical music playing, and he dim the lights, and he goes, look at this picasso now, and you sit down at this beautiful, like, velvet chair, and you're like
34:02
Right. Oh, man. Like, it's so much more beautiful now. And that's kinda like what he did with his life. He surrounded himself with, like, this fancy shit, which typically I think is bad. But for some reason, I realized it's kinda cool to, like, surround yourself with stuff and act as if it's like, no. Like, I I'm here. And I I must act as if or act, you know, act like I am here. Yeah. And he's talked about that, but, in the in the thing, he they say, you know, what do you want? You know, do you want this? You want that? He goes,
34:32
like, one of the common thing is he rejects the question. He rejects the premise in many, many questions.
34:37
So one example is they're talking about wanting. And he goes,
34:41
he goes, that's the problem. Want? Want? Do you want this? Want that? I already have.
34:46
I always act from
34:48
I I already have all these things. I already have the championships.
34:53
I already have all the money. I already have all this. That's why I walk the way I walk this, why I carry myself this way versus wanting is just pointing out that you don't have. And he he's like, he's like, you know, so from the very beginning,
35:05
I carried myself this way. And he talks about, like,
35:09
he he he talks about, like,
35:13
in rejecting the question, somebody who I remember once he was fighting Aldo, and they're, like, on this world tour, and they're just talking mad shit to each other. The whole time. And it was so it got so, like, Connor was basically pulling this guy verbally.
35:25
And, one of the they go on some TV show, some good morning America type show. And they're like, alright. Well, you know, we've heard you guys say this, but okay. Let's point let's do it a little different.
35:34
What's one thing you you'd like about Aldo? Or you respect about Aldo? Let's let's change it up. And,
35:40
he just looks at the guy the good morning America person. He goes, this is not a therapy session.
35:46
I am here to hurt this man. And, like, And whereas nine out of ten people, you're on a TV show. Lights are bright. You're live on air. And you kind of, like I would say whoever's got the stronger frame,
35:58
is who wins. And,
36:00
in most situations, you just accept the frame you're given. The the reporter says, say something nicely. You say something nice. And later, you kinda think back. You're like, shit. I should've said this other thing. But, like, in the moment, you got taken over by their frame. One thing I noticed about him and and the way he speaks is beautiful with words. He comes into the thing with his own frame.
36:19
And because of that, doesn't he doesn't get knocked off course by any questions, and often we'll just reject questions altogether.
36:26
I wanna read one quote, by the way, about the about the Vincent Van Go thing. He's he said,
36:31
he goes, I heard Vince Vincentago
36:33
lost his mind. He goes, This that's happened to me. But fuck it. When the gold belt is around my waist, when my mother has a big mansion, when my girlfriend has a different car for every day of the week, And when my kids, kids have everything that they ever want, then it will pay, then I'll be happy I lost my mind.
36:49
Dude, he's What a bad ass guy. What's he's he's basically a rapper you know, he's a poet. He says,
36:55
he's he's taught he's so MacGregor is about to fight the the best guy from Brazil. And he goes, if this were another time, I'd storm his Pavella, which is like a a Brazilian village. He goes, I'd storm his Pavella
37:07
and pillage and take what is mine. And his head would be on a stake. Like, he says these phrases, and there's another time where he gets, where he wins,
37:15
and afterwards Joe Rog's interviewing him. And he, like, I I, like, I, he must have thought about these lines. He says precision beats power and timing beats speed. And he says that really quick, And then, like, as an audience member, you, like, think about that line and, like, it just suits me. You're, like, wow. That was, like, that's a very insightful thing. Like, he says these really insightful things. Or he'll say, like, I told you, we didn't come here to take part. We came here to take over.
37:41
You're like, this study. I'm like, dude, you're a conqueror kind of, but he's a very flawed person. When I watched that document, I'm like, there's very there's a lot of traits about him that I you do not like. He's done a bunch of bad things. He's hypocritical in a bunch of ways. There's there's a bunch of things I don't focus on those because what am I gonna take from that? Well, take away is anyone's normal. Nobody's perfect. Yeah. Like, everybody's flawed in their own ways. The things I do take are the things that are gonna serve me. And one, I remember. Alright. So you know when you go in a startup office, in San Francisco,
38:10
every engineers got, like, multiple monitors. It's like, it's kinda just like the flex. It's like how many monitors you got. It's like, you know, the SIS admin. I always got three.
38:19
Most developers got at least two. So I used to sit there just on my laptop. I didn't even have the big monitor. I was just on my little laptop.
38:26
And I was, like, looking around, I was, like, Maybe I need a big monitor. And so I got a big monitor, which was just my laptop I plugged it in as just bigger. So, okay. Should I get a second monitor? Alright. I got a second monitor. I was like, what the hell am I supposed to put on this? I don't I don't I don't I'm not trying to look at two things at once. That doesn't even make sense. So I just put and for five years,
38:45
There was one
38:46
MacGregor quote that just was on my second monitor at all times. I only used it for this one quote, and it just said,
38:54
At the end of the day, you gotta feel some type of way. So why not feel unbeatable?
38:58
Why not feel untouchable?
39:01
that always stuck with me because it was, like,
39:04
I just it just I don't know. It resonated. It was like, it's true. You at any given moment, you're gonna feel some type of way. So Given I'm gonna feel some way, why don't I choose
39:14
what would be the best feelings I could choose? And I'm gonna feel that way. I'm gonna choose how I feel. And I just left it there. And I just left it there for five years. And it really helped, like, starting your stuff can be kinda stressful.
39:25
Most days, I would say, are, like, almost like down days. It's like,
39:29
it's not growing. It's not growing fast enough. It's growing too fast as shit's breaking. Like, There's a lot of reasons to feel down in a startup. And, like, that one quote
39:39
changed my experience over those five years. So
39:42
Steve Jobs, if you read his biography, they someone coined this term called the reality
39:47
distortion field, which basically is, like, regardless of what the facts were outside of Steve's brain,
39:55
even though it showed, like, what you're about to do is not likely
39:58
he would convince himself and others that it was possible, and they called it the reality distortion field. And that's cool and all.
40:05
But the reason why
40:06
This relates to Conner's
40:08
when Steve Jobs was doing all this stuff, he didn't have, like, a dead documentary as he was going. IPhones,
40:14
didn't really exist and, like, easy footage didn't exist.
40:17
The reason why this is cool for a business person is because it's another example of which that many people have this But it's a good example of someone who does have this, but there's cameras there catching the whole thing. And so you'll see Connor, and he's about to fight Habib. And Habib wins the fight And anyone going into that was, like, yeah, Habib is gonna sock him. He's gonna destroy him. But Connor
40:39
was, like, he was so certain that he was gonna beat him that afterwards, he's crying. And he's, like, I had planned. Like, here's how we were gonna celebrate. We're gonna, like, he totally thought that he was gonna win when everyone else is, like,
40:51
No way. There's there's there's not a chance, but the fact that he believed it so much was really valuable, even if the outcome was the same. Thought that that was really example, but let me give you one controversial
41:01
or opinion about Connor as well as a lot of other people,
41:05
in this space.
41:06
I predict
41:07
that in ten, maybe twenty years, but probably ten, I think Connor will file for bankruptcy.
41:13
And the reason I think that is I've been you know how, like, you'll read about, like, Floyd Mayweather has made a billion dollars.
41:21
Or Connor McGregor made a hundred million dollars from boxing.
41:24
I think all of that is one hundred percent fake, and it's absolutely
41:29
not true. And the reason I think this is that there's there's this guy named son in. He's a former fighter, now an analyst. He went in on Andrew Schultz's podcast, and he goes, I can promise you that Floyd has never made a hundred million dollars from one fight, which is what he says. And I think that he is, at most, made a hundred million dollars collectively in his career.
41:48
And he he goes, the reason I think that is when a lot of these people talk about pay per view numbers and how much money they're making,
41:54
You could just say anything. Like, no, like, the CEO of DirectTV or whoever, like, handles' paper views has never came out and said, this is how much money it made. Like, no one says that. And what channel goes, he goes, a lot of these athletes,
42:06
if it's not, like, you know, spoken by the guy who paid the bill, it's just completely made up. And they say that to get more, and I and he goes, I know for a fact a lot of it is fake. Do you think
42:19
do you have examples of people who you know who have just blatantly lied, like, well, you and I have one friend who, like, sold the company, and let's just I'm gonna make up a fake number, but it's something like this. The headlines, if you Google it, say, two hundred million dollars,
42:33
I know it was twelve. Like, there's, like, a there's, like, I I I know of stories like that. Do you know of stories like that where someone has just completely lied? Well,
42:42
I can't think of off the top of my head. Somebody personally, I know who's lied. I guess the the versions that I've seen of this are almost like this the heavy crime version of this, where they're like,
42:54
yeah, sold my company to whatever. It's like, you got a job from them. Right? Like, you know, it's,
43:01
the Yeah. Taking a petty court.
43:03
How much cash was, how much cash was exchanged up front for the assets. That there's a difference.
43:09
Like, versus, like,
43:11
we, you know, we sold it to whatever, Facebook, and then you're like, Okay. Cool. You you got you got aqua hired, and it's okay. There's nothing wrong with getting aqua hired, but, like,
43:21
or just never having done it to begin with. It's you know, join something that's already working,
43:26
and then say, you know,
43:29
yeah, I I led
43:31
blank at this company. Right? Like, there's, like, lots of career lives like that. I can't think of an example of somebody who sold their company for, let's say, ten million dollars and said it was fifty. I personally I don't know. I gotta ask you which friend we're talking about over here. I have a feeling I I have a feeling I know who you're talking about, but
43:47
most, I would say,
43:51
I I don't think they do that. I don't know. Do you is this common?
43:56
Well, I think, like, it common to round up, which is no big deal because, like, there's always, like,
44:02
little details about it where regardless of how you look at it. It could be true. It could be false. I'll tell you. In our case, we sold to Twitch.
44:09
Be when we sold Bebo to Twitch, I've said as many times. Like, I gave a presentation at your conference called how to sell a failing company, right, which was basically saying, like,
44:19
we sold a company that wasn't, like, Instagram where it was so hot. It was the next big thing, and then Facebook comes to buy stuff for a billion dollars. That's one type of sale? It was another type of sale, which is like a business is kind of working.
44:29
Not really.
44:31
This it's okay. It's good, but it's not gonna be huge,
44:34
and you find a a good landing spot for it for for the asset and the talent.
44:39
And when we sold to Twitch,
44:42
there was a reported number that came out that said,
44:44
we sold for twenty five million dollars. Did not sell for twenty five million dollars. We sold for who got that number?
44:50
I know how they got that number, which was,
44:53
somebody I know
44:55
submitted a tip to one of the thing one of the one of the news sites or whatever. And I don't know if they put that number they asked them and they hinted at some number and, like, the journalist just ran with it. So Dude, and then another person, which I never told them to do. They just did it. They were trying to be helpful. They were hey. This is whatever they asked for this, or they they asked to comment, and I just kept you know, I I think they might have just been, like, yeah, rumored, rumored to be something like What you'll know, like, so for example, with our sale, there was, like, sub numbers that were on in headlines. It was way lower. And then there was others that was way higher. And I'm, like, right? I have no idea how you guys got this information, but what you'll notice is that someone will write an article, TechCrunch will say this was sold for
45:35
made up number thirty million dollars, and then they'll they'll say rumor, and this other person will say, there's person sold for this, and then you get asked to a conference and your introduction is he sold for this. Right. And then, and then it's, like, this other person's, like, here's the thirty billion dollar man. You know what I mean? It's, like
45:52
well, it's, like, this it's crazy. Like, there's all this It just spreads. It's a spread. And it's not it's totally made up. And so whenever I, whenever you see articles about this person's net worth, what I tell people, I go, Look, Google, this person's name, Networth. And every once in a while, like, I've written articles about someone's Networth, like Ross Obright from silk Road when I I like wanted to test this theory. And so my article will came up, will come up, and I'm other people will source, cite it. And I go, hey, just so you know, I made that up. It's completely fake. And so whenever you read about these other people's net worth,
46:25
just know that you The net worth things on Google are are
46:28
so far off. So far off. I I I don't think I've seen one that's accurate, to be honest with you. I anytime I have any idea about someone's net worth and I Google it it is so far off. It's actually, like, it's just completely misleading. It's a if it tells you one thing, it's that it's not that number.
46:42
Yeah. A process of elimination. We know it's not that. It's last
46:46
That's something else. But when we sold the
46:49
even myself, I can't tell you exactly how much we sold for. Why? Because
46:54
The deal has, like, so many,
46:55
different numbers. There's a upfront
46:58
you got this many millions of cash. Okay. Cool. But then we also got a big signing bonus for, first for agreeing to come on board and enjoy the team. Then you got your salary, but that's not part of the deal. And your normal RSUs from the from the thing. But then we got deal RSUs on top. And then you're like, okay. So which one is it? And then by the time those vested, the stock price had doubled So I was like, well,
47:21
do I should count it from when we got it. Right? But I may but I received
47:25
more than the number that that was when it was granted. But so which one is it? And then, for example, we had another deal with,
47:32
Facebook, and Facebook's deal was one extra year. So, like, Twitch was three years. This was a four year deal. And so that number the headline number of what we got offered there was bigger.
47:43
But in actuality, it's like, well, yeah, you gotta stay for four years to earn all those RSUs. Are you gonna even do that? You know, like, some of the RSUs we got,
47:50
my co founder bounced after one year. So he didn't even get the other two years. So, you know, which which number was it, the number he got? The number that was granted or the number that it was worth on the day that Yeah. That's why I said that's very good. With rounding. Rounding is different because it's, like, I don't feel like telling you complicated and explaining. So I'll just, like, make something up that's ballpark or directionally correct.
48:10
Do you wanna go to some of your other topics or save them?
48:13
Let's do
48:15
this AI body doubles thing. So
48:18
I've now seen this trend of people doing
48:22
startups that are, I'm calling, like, body doubles or stunt doubles.
48:26
So first, there was a bunch of news the other day about this Snapchat
48:30
influencer girl named Karen Marjorie.
48:34
And she partnered with some AI company, and they created a,
48:38
an AI version of her voice. So her fans
48:41
could text with her, and they could get audio notes from her in her voice,
48:47
generated by AI,
48:49
for a dollar a minute. And she made seventy two thousand the first day off of a thousand users.
48:54
And so and then the news, I can pick this up and run with it. Karen's a real person. Right? I'm looking her up. She's a real person. Okay. Yeah. Her last tweet, is a tweet that says, because I looked her up just before this to to just do, you know, some research. And she, her last tweet was, I love the ocean. And then it was just a picture of her butt. So
49:12
So what's your about content creation for my
49:17
funny. So
49:19
is she famous just for being she she's like she's like
49:22
smoking.
49:23
Is that why she's famous? Just for being pretty? Yeah. I think she's cute. And, that's, like, the fame. I don't know. Maybe she has some other facts around. I'm not trying to say anything. Fellow ocean lover. Yeah. I had a great question. She always liked it. I should do.
49:37
Let me try this.
49:41
So so she made seventy two grand the first day. The news runs with this right why? Because anything that's, like, AI good or AI bad is gonna get, like, publish the publicity right now.
49:51
But there's other ideas that are like this. So I talked about AI Santa. I was like, somebody needs to make a a Santa Claus through
49:59
text to speech, and then charge people, you know, thirty five dollars, forty dollars to come to the website, type in a greeting saying,
50:05
hey, wish my kid you know, Stevie, a happy, a Merry Christmas, and tell him he's been a good boy, and he did a great job with his soccer season.
50:14
And, like, just have Santa say all that. So, like, I think that's a that's a business. There's a more general version of that, which is Camio
50:20
through AI. So
50:22
celebrities
50:24
Like the idea of cameo, but can there's a reason that cameo is all kinda, like,
50:29
c list sort of selects. Camio is the best place to see which which celebrities broke.
50:35
Like, it's like It's a it's a real time net worth calculator. Yeah. That that's
50:40
the best place to go to see who who is that. Place to go see upcoming celebrity divorces.
50:47
Who's who's got bills to pay?
50:49
Kevin from the office.
50:51
So it's, like,
50:52
there's a reason why it's seamless because it takes a lot of time. Like, you know,
50:56
George Clooney doesn't actually wanna sit there and record, you know,
51:00
birthday messages for, like, you know, thirty three year olds.
51:04
This is not not what he wants to do at this time. But if You bought just me a cameo, by the way, Gilbert god, Freud. You bought me a cameo, and he just made fun of my penis size. And Yeah. A little too vulgar, but you never did. I thought it was great. I loved it. I thought it was awesome. Thought it was a good wedding gift.
51:20
I couldn't make it to your bachelor party. So I sent you Gilbert Godfrey, the the cameo. So
51:26
I think that what's gonna happen is celebrities are gonna start licensing their name and face and voice to companies who will pay
51:34
to be able to generate AI version of that and go sell it for them. So now you get the residual revenue from your name and face just like slap my slap my face on a bottle of Sprite or whatever and it sells more Sprite, people are gonna do that with, like, Camial like services where it's a it's wish me happy birthday. It's congratulate me on this.
51:52
And, you know, there obviously need to be some rules and boundaries around what it can and can't say. But
51:57
whether cameo itself does this or a competitor to cameo comes out and does this with AI, like For sure this is gonna happen. It's a, like, obvious idea. We've been talking about this for a long time, actually, with, like, we said that, somebody should do Cambia with, like, pixar characters or, like, Disney characters
52:12
and just get the licenses for it. It's the same thing, but now you can animate anybody, not just a a Disney character. And before chat chat GPT was a thing. There was another company that we talked about that was doing,
52:23
like, AI girlfriends and
52:25
or replicas.
52:26
How are they doing? Do you know? They're crushing.
52:29
Really? They're crushing. Yeah. I read an article that they, like, changed something and that one of their users till themselves. They update the model. So, like, as machine learning improves or when the when, you know, you go from GPT three to GPT four, they upgrade the model. And then the users are like,
52:44
My girlfriend is different. Like, she's saying different things to me. What the hell? And, like, sometimes it's censorship. Like, she won't say this thing she used to say. She says she's not allowed to say that or talk about that anymore,
52:56
or it's like her personality changed, and I'm, like, heartbroken. It's crazy. Like, people are Like, go to the Facebook groups or the subreddit.
53:04
It's wild. The
53:06
Facebook group is crazy. I've been on for since it started, and it's really, really interesting.
53:11
I talked to the founder. She was really cool, really smart woman. I think she used to be like a journalist.
53:16
She was like a she was like a famous journalist in Russia or something. And then she had to flee Russia or left Russia
53:23
and then, like, reinvented herself and, like, created became an entrepreneur in this AI company. It sounds like a James Bond villain. I like the beginning of the story. Like,
53:32
Russian journalists who flees -- Her neighbors. -- starts AI company.
53:36
Right. It's not Natalia, but it could be. This is great. Yeah. She she's really impressive.
53:41
I I really wanted to invest, but the valuation is, like, super crazy. So, you know, because because They're like a consumer AI company that actually has a bunch of traction and a bunch of revenue, which is, like, pretty unheard of. So so the valuation was was, like, in the hundreds of millions pretty pretty quickly.
53:57
Anyways,
53:58
there's another version of this AI body double thing happening in the business space. So people have approached me saying, hey, We trained AI on the podcast.
54:06
And so now if somebody wants, people, a lot of people want your advice or whatever,
54:11
they'll pay, and the AI will give them the answer and it'll give them it to in your voice and your style, and you don't have to take time to do this. What's the company called that does that?
54:20
Delphi, like,
54:22
with delphi dot com, d e l p h I dot com.
54:26
So they're they're digitizing
54:27
a they're they're a digital cloning platform. Form that can capture how someone thinks, making their knowledge, experiences, and opinions available to others in a personalized way. Do they need your permission or no? I would think actually no.
54:39
I think eventually they will. So, like, you know, they can get away with it, you know, right now and with a certain set of people. But, like, if they get big and then you realize, hey, they're using my name, my face, my voice, and charging other people for, and I'm getting nothing. You know, that's just like lawsuit waiting to happen. So the they, you know, they email basically asking, like, hey, are you down for this?
54:58
He was like, hey, I took your course. I helped me land a job at my, like, thing. And
55:06
And then I started writing viral Twitter threads based on the what what I learned in the course. Eventually, my startup got acquired last week and blah, blah, blah, I'm doing this new thing. I was like, wow, that's
55:16
This is crazy. Digital digital clones to AI clones of people. AI body doubles. I think this is a interesting little trend to watch. It's gonna happen.
55:23
I think the next two years are gonna be wild. I I don't think they're gonna be as wild as people think, but I think it's gonna be wild. I think Darmesh had something not gonna be as bad or as, great as you think.
55:33
And I kinda trust him because I think that he's very he's he's one of the few people that has, like, an IQ high enough to understand this, but also has, like, a ton of EQ and, like, understands
55:44
that, like, how people work. Yeah. He's not super biased necessarily. Like, If you listen to the guy who runs Open AI, tell you,
55:51
you know, it's pretty safe. It's like, well,
55:54
you do have a bias.
55:56
What was interesting was Dharmesh. So HubSpot
56:00
Dharmesh is the CTO of HubSpot, Darmesh
56:03
but they they had an earnings call, like, three weeks ago or two weeks ago.
56:08
he doesn't talk much, on the earnings call. He's not the CEO.
56:11
But someone asks the CEO about AI and she goes, I'm gonna, yamidi goes, I'm gonna let Dharmesh,
56:17
say what he what he needs to say. And he give the gives his spiel, and he gave almost the exact same spiel that he gave on our pod where he, like, explains it. And then if you go you can go and look at the stock
56:31
since he did that talk. And I think it's up fifteen percent or something. I think it was, like, four hundred and twenty or four four hundred dollars the day before the earnings now. It's close to five hundred today. And then Baron just came out with an article that said something like HubSpot is, you know, we we think that the companies that are gonna kill it with AI aren't AI companies, but big companies that will use AI. For example, HubSpot, this, this, and this, And what's really fascinating is he's on this pod telling us his opinion about it. Then on this earnings call, this banker asked about it, and it's like, Man, we have access because of Twitter and all the stuff. We're we're able to see, like, what's happening in front of our eyes, and it's very, very, very fascinating to see, like, how he's handling all this. Like, they he he basically told us how he started chat spot, which is like an AI thing within HubSpot. He's like, this is what we did. And it sounds so simple, but then he, like, talks about it in a little bit more, like, corporate speak on the analyst calls and it, you know, created something like a billion dollars worth of enterprise value,
57:31
amongst other things. But Right. So it's like really cool to see all this happening, in front of everyone. I wonder what he does after the call. He's like, well, I guess my work for the day is done. Generated a billion dollars of value for the company. Okay.
57:44
You know, actually after you sold the hustle to HubSpot, I, tuned in to their first earnings call because I thought you might be on there just
57:50
you know, sup fam. Just leading
57:53
the, yeah.
57:55
What's up fam?
57:56
Yeah, Sam here. How are we doing? We're doing fucking great. And what do you mean?
58:01
There's all these dumb companies out there, and we're not one.
58:08
I wanted to ask everyone to share it. Sam leading the earnings call.
58:12
Dude, there was one. Earnings call. Share to marathon Ranch. Dude, he wants to stand by Ranch. All of you are welcome.
58:19
You guys must enter tattooing my dog on my leg?
58:25
That would be the first place you would get a free fall. Yeah.
58:29
I'm a walk around shirt. Let's grab my house while I'm eating and drinking diet coke.
58:33
Did you say
58:35
did you want one time before one of these calls? He went into, like, the the slack of HubSpot and he goes, Alright, everyone. I'm gonna say the word. I forget what it was, but it was, like, penguin eight times on this call. And so I was, like, oh, fuck. I gotta listen to this. Until I tune in. And he said the word, like, he threw it in. And I'm just, like, so funny. Like, this guy, he's the best man. This is the this is my type of guy. He just, like, He's he's winning the game, but he's having fun. He's having fun. He's a big fan of him. I think that's it. Is that the pod? That's it. That's the pod.
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