00:00
Here's the exact quote. He goes, do you want the numbers? Alright. And in year one, we cleared a hundred and ten million dollars in retail sales. Sorry.
00:07
Fifty million in retail sales and one hundred and ten million gross internally.
00:20
Alright. We're live. What's up? What's up, dude? Have you been following this prime energy drink thing? Or prime, I don't know what the fuck is it. It's just in the gatorade alternative. Right? Have you followed it? Yeah. I followed it because
00:33
a a while back, I don't know, like, a month ago.
00:36
Ben, business partner, Ben, he,
00:39
he told me he met some guy who was, like, involved with it. He's like, dude, the numbers are insane for prime. Like, they're
00:45
There's telling, you know, bleep, amount of just this one skew
00:50
and, like, let alone the main the main drink. And I was like, there's no way. That's a crazy number. And then I think recently they came out and said
00:58
some more numbers. Yeah. So what did they say? There's two takeaways here. The first takeaway is the number. So Logan Paul said the beverage brand, he launched with KSI,
01:06
on so on January fourth. So about a month or something ago, he said it did two fifty million in revenue in the first year and it did forty four million in revenue in just January of two thousand twenty three. So recently,
01:19
and then he also said, but then check this out. Here's the exact quote. He goes, do you want the numbers? Alright. And in year one, we cleared a hundred and ten million dollars in retail sales. Sorry. Two hundred and fifty million in retail sale sales and a hundred and ten million gross internally.
01:34
So the takeaway here for me is One, that's huge numbers. Two. What the fuck does it what the what the hell does that mean? This guy doesn't even know his numbers. Yeah.
01:43
That's that can take away. Bro, you're off by half. Like, that's crazy. Also, what the hell does a hundred and ten million gross internally?
01:50
What he's saying is they sell wholesale. So,
01:53
the because they sell this thing, let's say, at Walmart. So in Walmart, it did two hundred fifty million in sales. But to them, they're they're getting bought at wholesale prices. So they the markup is, you know, what what's, you know, they basically sell in half price. Right? So they sell it to Walmart. They sold a hundred and ten million worth to Walmart. So their company sold a hundred ten million. The total product sold two hundred fifty million is what I think that has to mean. Well, crazy. Crazy that this is that big. I've actually seen a few interviews with Logan, and, he says what the numbers are. And then someone from behind the scenes goes, no. No. No. It was this. And he goes, wait, what? Oh, my bad. It was this. And it's pretty wild that, like, I think Logan's a smart guy. I would love to have him on the pod and everything. But it's pretty wild how he's really just focused on the content thing and probably doesn't know much about the business thing. It it it's pretty interesting. I've seen him like ask mister wonderful or something about that, about like different stocks and things like that. And he's pretty has a pretty rudimentary understanding of like certain finance topics that I thought for sure he would be
02:53
somewhat on top of, but I guess not. You can crush it without knowing that.
02:56
Well,
02:57
I don't know about that. Like, I think he
02:59
I think he's like anything else. Like, the way we are probably good at business.
03:04
But and we're just enough to be dangerous at at the kind of, like, content. You know, like, you know, like, when we see a YouTuber,
03:11
Both of us have had this reaction where we're like, we're horse carriage operators and the Tesla just drove by. Like, this is when I see somebody on TikTok,
03:19
You know, you might as well
03:21
be, you know, it might as well be at Hogwarts with a magic wand. I'm like, we're doing something. I don't know how to do those things, and I will never know. And, like,
03:29
It's awesome, but I I just can't imagine myself really doing those things at the level. You can do them. And so I think he's good enough to be dangerous on the business side. And smart enough, obviously, to know what categories to go into and what who to partner with. So, like, if you look at their moves,
03:46
Right? Like, just zoom out so that you can't, you know, you know, hear what he's saying or or whatever. If you look at their moves, the transition from vine to YouTube, great jump.
03:55
The transition from YouTube canceled to YouTube, like, you know, rejuvenated. That's a good good move there. Then from YouTube to box Celebrity boxing. He ended up boxing Floyd Mayweather for free. And he did alright.
04:06
He did alright. Yeah. Like, and his brother's, you know, doing he's One of the most, you know, high earning,
04:12
you know, boxers out there is, like, not a boxer. Yeah. So that's that's incredible.
04:17
Then the next jump, you know, for Logan was WWE.
04:21
So now Logan is one of the big stars in WWE.
04:24
He does it on his terms. He then transitioned his YouTube content into podcast contacts. He's like, you know, I'm maturing. By the way, have you seen him in WWE?
04:31
He's really good. He's really good. Exactly. Like, if I was thirteen, I'm pretty sure I would think Logan Paul is the fucking shit because I'm thirty four. And I think Logan Paul is the fucking shit. You know, like He's good. Like, he he's got the acting down. He's got the, he looks ripped
04:48
He's good.
04:49
And people love to hate on these guys.
04:52
For, you know, good re sometimes good reasons. They've done some things that are, like, you know, Whatever. He did this the stupid video,
04:58
in Japan.
04:59
He's, gets on he's gotten some trouble for his, like, NFT thing. But, like,
05:04
I don't know. I I think there's a lot to be to to learn from and admire in these guys. I'm not saying they're great people, perfect people. I don't know them personally. I can't say either way on that. But I think from a marketing perspective -- Yeah. They crush it. -- fifteen out of ten. Right? Like, from a brand building, from, a sort of
05:21
learning how to keep riding new waves and stay relevant.
05:25
These I mean, these are the phenomenal, the same way that the Kardashians are phenomenal in some way. And you could disparage them for a bunch reasons, or you can look at the things they do great and say, cool. I'm just gonna take inspiration from the things they do great
05:36
rather than hate on them in a very common way about you know, the same stuff everybody else does.
05:41
So yeah, I think, you know, what he's done here is is pretty phenomenal. I I think they're kind of him and KSI are kind of like
05:48
minor partners'
05:49
business. I think it's, like, a, like, a third, a third, a third, type of thing. The operators get a third here? Yeah. I mean, I I saw an interview, and it was either a third or, like, a twenty percent, but, yeah, minority, but meaningful. I mean, it this
06:03
This can be a billion dollar brand. Dude, I invited him to a camp MFM, by the way. And I was like, yeah. You should come. It's gonna be awesome. And he was like,
06:12
He's like, dude, I can't get hurt. He says, like, I'm doing the WWE. If I go play basketball, I'm gonna get hurt. Why did he reply to you? I can't, like, sprain an ankle or twist a knee and, like, not be able to go wrestle at WrestleMania in a month. What what platform did you speak to a month? You know, actually, what happened was,
06:27
what had happened was What happened was
06:30
I jumped into Twitter spaces where he was there, and I just started talking there.
06:34
And then he dm'd me afterwards. And then,
06:37
I was like, hey, you know, you actually he had talked about my
06:41
clubhouse or Metiverse tweet on his podcast too.
06:45
And I was like, yo, you actually talked about my other thing, you know, that I'm that guy. And he was like, oh, cool.
06:51
And so, you know, Twitter DM is kinda where we talked. Dude, that's actually kind of a hack. There's like a handful of YouTubers that have five, ten, twenty million subscribers who I've chatted with on Twitter, and they only have like ten or a hundred thousand followers on Twitter, and their fans,
07:06
children aren't using Twitter. And it's such a good way to, like, get in front of them. And, I've I've actually pulled that move a few times on Twitter. It's pretty pretty,
07:14
I'm shocked it works. That's genius.
07:18
So just not the same without thousands of roaring fans
07:22
chanting our name,
07:24
signing,
07:25
you know, people's backs and shit like that. Harry backs.
07:29
Very backs. Sweaty backs. You wanna do a recap. So basically,
07:33
the gist of this is is Sean and I did a somewhat impromptu
07:38
It was supposed to be a meetup.
07:40
Turned into like a live performance, basically, in Vancouver. I don't know how many people were there between a thousand or thirteen hundred ish but we sold out this theater
07:50
in Vancouver.
07:52
It went pretty great. You wanna talk about a few things that surprised you?
07:57
Yeah. Let's, let's do that. Okay. Surprisingly
08:02
hard to be on stage, even though we kinda, at this point, talk for a living,
08:07
There was a moment about an hour before where we're both, like,
08:10
like, how do you use your tongue? Do you touch it against your teeth when you're making sounds? What do you do with that? And we just had no idea
08:17
what to say.
08:18
Why do it it was like, you know, the moment of panic where it's like, are these people even coming for us? Who are they? Is this Did did they sell the tickets or did people just click maybe? Like, you know, we just question to everything for a moment. What are we gonna say up front? How do we make this amazing for people?
08:34
And, there was really no thought that went into this. Like, one hour, we went and got sushi ahead of time, and we were like, so what do you wanna talk about? We talked about that for five minutes, and then we started talking to each other about family, and just fun stuff. But, you know, we had, like, a ten minute powwow to try to figure it out. But I think it turned out okay either. I think the content turned out. We we basically we're pretty tough critics of ourselves. I think we gave
08:58
the overall event an eight out of ten.
09:01
And I think the
09:03
I think it was not it was not a ten because I think it was a little poorly structured. Like, the opening part was a lot of
09:11
intro.
09:12
Welcome to our spa thank our sponsors,
09:14
that sort of thing. And also we weren't as well prepared as we could have been in terms of, like, We could have come up with things that that play better live
09:23
than,
09:25
than on stage. Like, I had the moment of clarity afterwards. I was, like, Oh, it's a show that's live with the audience. We should be doing things like a, b, and c. Yeah. Yeah. Yeah. And and we didn't fully get that. But we did, like, a little shark tank pitch competition. We did Q and A. We did some stuff with the crowd. Do you think that was good? All things considered. I thought it was actually a nine. I think, like, given the amount of preparation and the amount of fun people had,
09:47
another shocking thing was people came I think the value in order was to see us to meet one another, then to actually hear what we had to say.
09:57
Yeah. Right. Right. Exactly. And I think there was some benefit in doing it in Vancouver where there's probably just not a lot of
10:04
events going on for entrepreneurs or tech people that are, like, exciting,
10:08
versus, I think if we had done this in San Francisco, we probably would have got more numbers, but they wouldn't have cared as Like, there was a lot of people at this thing in Vancouver that traveled from Toronto or from Portland or from different places to come see it because
10:20
Oh, might as well. It's a couple hours away and,
10:23
you know,
10:24
it, you know, there's not gonna be another thing like this anytime soon where I'm at.
10:29
So anyways, those were some quick,
10:31
quick recap. I guess if people weren't there, what should we explain? What did we actually do? So it was me, you and Andrew Wilkinson on stage,
10:38
It was in this theater. So there's like a balcony seating. There was like a, you know, based a giant theater where, like, a comedian would normally play. In fact, backstage as we're walking up. Yeah.
10:47
It was truly
10:49
humbling. And I mean humbling in the in the most
10:53
shit on my self way, which was walking up to the stage, and it's like these framed pictures of guys who were in that same same green room before us. It's like Jerry Seinfeld.
11:05
Dave Chapelle. It's like all these, like, legendary comedians.
11:09
It's like some of the best podcasters
11:12
that you've ever seen in the entrepreneurship category on Apple Podcasts.
11:16
It was humbling. Another thing that was humbling was after it happened, we left the stage and we went and just hung out with people. And there was just a huge line.
11:25
And what it made me realize was that so a lot of people don't realize this, but it's basically Sean and me and and producer Ben
11:33
Jonathan sometimes, and we are sitting here just recording talking to each other. You forget all we forget on a regular basis that it's being recorded.
11:41
When the podcast gets published, we don't see comments. We don't know, like, we could see the numbers, but it's just like an analytics screen. I don't know who's listening -- Right. -- why they're listening. Know any of that. And so you forget that this stuff actually
11:55
kind of matters to some people, and it's really fun to go and meet people who consumed your thing and realize this actually matters to them. That was humbling as well. And that There would be like a father and son be like, we always listen to the pod together, and then we brainstorm storm. He's fourteen, but he wants to be an entrepreneur like you guys. So after we list the pod, we then brainstorm and do stuff. It's like, oh, that's really cool. This is like, They're, like, embedded in your kind of, like, family a little bit. The, you know, there were examples like that that were very surprising to me, but but cool. Also,
12:24
I should say you were good at that. Like, you were really good on stage.
12:28
Sam was I don't know what happened. I think the nicotine pouch kicked in. And Sam went to another level. I'm a start doing nicotine dude. That was a great ad for for that.
12:37
Sam had great jokes. And then afterwards, also, feel like in the meet and greet, you were good at being kind of the celebrity. Like, I didn't know what to do with my hands. You know, people would come up and be like, can I take a picture? And my response was like, why? Oh, yeah. Sure. I guess. And then they would stand next to me, and I would do this, like, point thing to each one of them, like, this guy.
12:56
Like, if you look go look on the Instagram. Every picture I'm just doing nah. It's about this guy right there who are the family.
13:04
And you were giving him the billionaire hug, which,
13:07
don't know if people picked up on, but you you you taught me this afterwards. I didn't know this trick. Explain the billionaire hug. So I have a theory that once you hit billion dollars. You get, like, invited to this, like, seminar, and they teach you how to do a billy hug, which is basically when you hug someone, your hips and ass are in one direction, but then your shoulders
13:29
and arm lean hard to the right. And so you could be touching them shoulder to shoulder, but ask to ask, you're never touching them. And this is like a way to, like, Look. We're touching and I'm being affectionate, but, like, my crotch isn't in the vicinity. Therefore, it's safe. It's all good. This is PC.
13:47
And so I do the billy to hug. I also bring my wife along to all these things as well because it always freaks me out. I'm like, I don't know, man. I don't want ever I don't want anyone to get the wrong idea. Sometimes, you know, it's just it's just it can be uncomfortable every once in a while. So I did the Billy hug. I do the I'm not a Billy, but I did the Billy hug because I've learned the Billy's.
14:05
Is it a is it a sexual thing? Is it like, you know, you're you're keeping your wallet away from them? What what do you do? And why why does the why do the hips need to be away? Is there even an explanation or a that only billionaires would understand. It's just a a time honored tradition. I don't know. I'm not there yet, so I don't know. But I just I you know, it's like singing in the shower. I copy my heroes.
14:24
So that that's why I do it. And this is a man and a woman thing, by the way. It's from the man as well. I've noticed that sometimes we have this relationship with people where they hear us talk and they think, oh, you're so approachable. And sometimes they'll come up to me and they'll go, dude, let's fuck. Let's do this. And I'm like, whoa. You're coming on too hard to me. I know I say this stuff, but you're coming on too hard. So sometimes you need to set some boundaries. And that's my mini boundary. It's the crotch boundary.
14:49
Right.
14:51
We we, so we had our buddy Andrew on there. Andrew was really funny too. I I gotta say Andrew, who's been on the pod a bunch of times, I'd never met in person. So
15:00
I've talked to him on the phone. We've done Zoom calls. He's come on the pod.
15:05
But in person, I gotta say he's got a lot more juice than I expected.
15:09
And Tell the story about dinner or lunch.
15:12
So we go so we go to lunch. So is before the show, we'd like, oh, dude, we gotta hang out, Ben. You're he's kinda from this area. I thought Vancouver BC is all the same thing. Actually, you gotta take
15:23
a seaplane -- Yeah. -- of Or a helicopter. So he took a fucking chopper to compete with us, which is
15:30
Honestly,
15:32
what are the more big dog moves anyone's ever done to me?
15:35
Well, the reason we knew it was a big dog move because was a little he was like five or ten minutes late. And instead of saying,
15:41
you know, my flight was delayed, he said, I was late for my flight.
15:45
And I was like, wait, what?
15:47
Yeah.
15:48
Yeah.
15:50
That's subtle. I didn't pick that up. I just heard over what he called on the phone. It was just
15:55
I just heard the chopper going. And I was like, Hey, wait a minute. Is there a fan on near you? What's going? What is that?
16:03
So he lands. And before he lands, he goes, I'm gonna be five to ten minutes late. Again, I was late for my flight. And then he goes,
16:12
Just order me. And he had a list. He just ordered to me and Sammy goes,
16:16
eight oysters,
16:18
two,
16:19
two, seven, the geary, This, like, you know, whatever wagyu steak,
16:25
you know, a miso soup. I have a nut and a shellfish allergy. I'll die if somebody does that. And then he he just signs it off. Thanks, but just t h x.
16:35
Ed's
16:37
I see this I mean, I was I was running late too as as per usual. I was in the shower at this point. I just started laughing.
16:43
Sam replies. What did you say?
16:45
I was like, did you just say thanks to me? Like, what? Yes, sir. I mean, it was, like, ridiculous. And he was, like, sorry. You tried you tried to blame an autocorrect. We're like, no, bro. You're just you talking to people too much like that. You you you have people who let you get away with that. That shit might fly in Canada, but you don't bring that weak THX shit to to the to the United States of America. We we we reject that. We send that back.
17:08
So we go to lunch.
17:10
And we're having a a good time. We're just catching up. Again, Andrew's got the juice. He's got the juice in the way that my best friends who I look up to the most have that juice you have that too. When you hang out in person with Sam,
17:22
he's got a little bounce in his step. And it just seems like he's eager. He's excited. He's got a plan.
17:28
Wherever you go, there's not gonna be it's not gonna just be a default normal experience. Something
17:35
a little more fun is gonna happen something a little extra is gonna have a little more laughter, a little more,
17:41
you know, learning. Something extra is gonna happen. So Andrew had that, which I was, which was awesome to see because he's quite I don't know. Would you say, like, reserved or calm? He's got almost like a calm brand, but in person, his energy was a lot more -- Connecticut. -- freewheeling, and I liked it. He had a very kinetic energy where he was physical. You know, he was moving. And
18:00
That's a great way of putting it. Yeah. He was kinetic. He had that in I have that too. People always yell at me because I've got big thighs and I shake. And whenever I shake my thighs, the table moves. And they're like, dude, you're too kinetic. So, yeah, he's got that kinetic energy. We're having this wonderful lunch. It's probably an hour and a half in. And then we're not quite done eating yet, or at least it doesn't feel there. And then all of a sudden he goes,
18:22
Oh, shoot. And we're like, what? Like, he like it's like a panic. He goes, dude, my Uber's been outside waiting for me for ten minutes. I gotta go. By, and he just stands up and walks away. And we're like No. He was even better than that. He just stood up, like, he was stretching for a second.
18:37
And then he picked up his jacket. And he's like, I'll see you guys at the place. I'm like, what? And he goes, yeah, sorry. I gotta go. My Uber's been outside for ten minutes.
18:45
When did you call an Uber?
18:47
And he floated away like a balloon.
18:50
Like, he was the grandfather in Up, and he just went away. The house flew away.
18:55
And then me and Sam were like, okay. What
18:58
yo, was that weird that he just kinda floated away like a balloon? Yeah. It's like, we'll we'll work on conversations goes later, Adrian. Have a nice day. Yeah. He just kinda bounce.
19:07
I had to blow him a kiss. He was running away. So so far is the only appropriate goodbye. But in general, the thing was awesome. Now I I don't I'm not gonna put you on the spot, but I would like us to do a five or three, like, thing, where, like, a day thing where we could do, like, you know, three dates in five days. I wanna go to, like, c and b cities, so not the New York, not the SF, something like,
19:30
Denver or Toronto or Kansas
19:33
City, something where they're, you know, what what did you call it? Small Pish, Small Pawn syndrome? That's what I wanna be. I wanna be a a a
19:40
a big fish in a small pond, because these people were so Big piss in a small pond.
19:46
It's a hard word to say. But are you wanna do it?
19:50
You have a little something on your shirt here. I think you got a little taste of fame. A little dribble of that fame that just stained the shirt there.
19:58
You liked that taste of fame. Didn't you? Well, here's why I like it.
20:02
We've talked about We know why you like it. Yeah. Because being famous is awesome. It is awesome. But it is exhausting. Now I understand why, like, the touring bands who last a long time, they show up, they do the concert, and they go home and go to bed. I was like, I couldn't sleep because we were like did we hung out with everyone, then we had like a breakfast the next day. But anyway, I liked it because it was a challenge. I also think that in our little tech world, we that we're this little niche internet nerds, which we are, but it's actually cool to, like, flex and see the people. And and honestly felt like a movement. And there was times where I I felt
20:36
it was you and I were great at what we do, but in reality, we were just an excuse in, like, a steward of like a particular type of movement of these people who are like, you know, we're all on a journey. Some people are further ahead. Some people are not there yet. Some people don't wanna go far, some do, but they're all going some place. And it felt like we were just an ex an excuse to gather those people, and it really felt beyond and bigger than us. I know that sounds woo woo and shit like that, but that's truly how it felt. And so that's why I thought it was cool.
21:04
I agree one hundred percent.
21:07
At first, I felt so excited. I was like, man, I can't believe we sold out this theater. There's two thousand people on the wait list. They came to see us. And I think there was a a small part that was like or that's like the stated excuse.
21:20
But the reality is that the value
21:23
was just
21:24
If you like this podcast that's put you through a bunch of filters,
21:28
and the filters are, like,
21:30
a lot of our, of our sayings. Right? So it's, like, you know, no small boy stuff. Right? So it's like people who wanna think big for themselves, but they define what big means for them. But it's also people who don't take themselves too seriously. If you want the smartest podcasts. You should go listen to invest like the best and go listen to all in and go listen to a bunch of podcasts with people who are
21:49
the intellectual
21:51
horsepower
21:52
outruns ours. Right? The oven burns a little hotter for those guys than it does for us.
21:57
If you want somebody who
21:59
Like, we will celebrate
22:00
a dude who's like a plumber that's hacking the yellow pages to get more leads as much as we will a guy who's building a new a new city or a new country, you know, from scratch. And so the there's like this set of people who
22:14
appreciate the same things we appreciate.
22:16
And when you put them together, we're prob like, it's not easy for them. I think of their day to day life to be around a bunch of other people who are like them. The sort of schemer and dreamer
22:27
you know,
22:28
a profile or archetype.
22:29
And so that's what I saw was the best because it was like, oh, man. Sorry. You guys had to wait. They're like, no. It was awesome. I was in line with a bunch of other people who met this guy who's doing this and this guy who's doing this. And I said, oh, wow. Okay. That makes sense to me. Like, the real value here wasn't coming and getting a selfie with me as I do my awkward point. It was
22:47
actually just getting, like, to be in a community of other people who have that who have the same sort of freak energy that you have. And, then once that once I saw that, I was like, okay, this makes sense. We should do, you know, more of this. Dude, I met a guy. Like, there was a couple billionaires in the crowd. I don't know if you know I'm not gonna call them out, but I I met one of them,
23:05
or at least their their stake. And they they they own multiple they they have large stakes in multi billion dollar companies And I remember I met one of them and he was like a typical, like, Dorothy guy. And then I met this other guy who had a sheet rock business that, like, you know, it's like a blue collar thing, and his hands were just so meaty and fat. And I remember shaking his hand that I told. I was like, you're like, give it rep my hand around your hand, and I'm not small. And, that's and I was like, Dude, that's sick. We got we got the neck beards. They had the callous hands guys. And, and this guy one of the guys I go, yeah, just you know, DM me on Twitter, he goes, okay. Cool. You'll see me. My Twitter handle is called fucking manly.
23:40
And, that's what he said to me. And I was like, alright. That's bad ass. Dude, I gave us a hat. Yeah. He he's,
23:46
he said something. He's, like, my wife has a big Instagram following for women's stuff, so I decided to create fucking manly.
23:52
To to, like, counteract that.
23:55
That was awesome.
23:56
I wanna tell you about one woman who I thought,
23:59
was really had a really interesting I know her well. It came out. I know her well.
24:03
So I was at the there was a dinner the night before that the tiny guys hosted. And at the dinner, met some people, whatever, was good.
24:09
One woman came up and she goes,
24:13
she's like, hey, my name's, Anya, you know, big fan of blah blah blah, and then she gave me a high a little, like, quick high five. She goes, I just made my first million. And I was like, nice. What do you do? And, and she was like, well,
24:26
you know, we I created this app for people with panic attacks. It's called rooted. And I was like panic attacks.
24:33
Is that, like, the an app panic. I never would have even thought about that niche. And, she's like, yeah, you know, I struggled with it like crazy.
24:41
And so then I created this app. So she pulls out this app called rooted and rooted as in, like, you know, feeling grounded instead of having, you know, this sort of panic attack. And there's, like, a red panic button you can hit if you're feeling something in the moment, but there's also just, like,
24:54
sleep. There's, like, lessons where you can learn about, like, what is this thing? And why does this happen to me? Drills and breathing exercises.
25:01
Exercise breathing exercise is is so on and so forth. And she said she has had
25:05
two point something million
25:08
downloads of this app. And I thought, okay. That's pretty great. That's not even the crazy part.
25:13
Then I was like, wow.
25:15
Are you are you just really good at Facebook ads or what? She goes, no. I don't do any paid marketing. Yeah. And I was like, so how do you get two point something million downloads off this? She goes, well,
25:24
I think, you know, it solved her a real problem and also
25:28
I dominate like the app store search for this because everybody else went really broad. They tried to go for, like, sleep or anxiety or breathing.
25:36
And I went for panic attack because everybody else thought that was too narrow. And I just really, like, did a good job owning that in the app store, sir, ASO, right, instead of a SEO. The the app store optimization.
25:47
And
25:48
then I started getting good reviews, and it just snowballed. And now I'm, like, the top one in that. And I thought Did she tell you how big the team was?
25:55
Exactly. So I was like,
25:57
I was like, she's already halfway to being my hero at this point. And I go And this is our first business. This is our first business. I gotta seal the deal for me. How big's your team? She goes, it's just me. Yeah.
26:07
Crazy. Right? I go, what? And she goes, yeah. It's just me. I have a couple contractors that, you know, help me with things, but there's no employees. I don't want any employees.
26:15
And I was like, I wanna be you. You're, you know, you're she's building something that has an impact.
26:21
You know, she dominated it her way when anybody else would Like, if she went to go ask, you know, smart guys like us or, you know, they go ask a mentor.
26:30
What should I do? They'd either say, you know, go ask an investor. They'll say it's too small of a market. Go ask a mentor. They'll say, well, you need to, you know, what's your growth strategy age? She's like, I don't know. I just wanna build a useful product and, like, I'll figure it out as I go. Third is, like, you need to scale up. You're in no way because she she's closing these deals now with, like, health care companies
26:48
where they'll just provide it for, like, you know, all of the members of their gold plan. So, like, they'll pay for it for fifty thousand members or something like that now. And,
26:57
you know, we do need a b b rep and a sales team and all the stuff. She's like, no. I just go take the meeting myself, and it took some time, but we we got the deal. She said she'd meet them on LinkedIn. She goes, I just messaged them on LinkedIn.
27:08
Fantastic. So I thought, on it, you know, shout out to her. She's the she's got the, I don't know, not billy of the week, not blue collar side hustles. She's something else, but, like, you know, the riches and niches award of the week, you know, goes to her because I thought that was a pretty amazing story. No. It was amazing. And this is her first business. And so, like, you know, everything that she said or everything that she has done, if you told me, like, if if she told me the idea, which is
27:33
I'm gonna I've never done anything tech related before,
27:36
and I can't code. I'm gonna hire contractors overseas to do this. I don't know anything about marketing. I'm like, oh, you're everything you're saying, you're gonna lose. This won't work. Right. And she completely has pulled it off. And if you and you go to the reviews, did you look up her app? I mean, it's legit. Like, there's like, there's, like, I think it's like a four point nine rating. It's like a really high rating thousands of reviews and she completely has pulled it off. I'm almost positive it's only two ish years old like it's not It's not it's not Right. And then she also just went full time as of recently. So this was like a And she just started monetizing. Like most of the app is free. She's like, yeah, I want most of the app to be free.
28:13
You know, because obviously I'm trying to help as many people as I can. I'm trying to find that balance, where it's a sustainable business, but also most of the apps free. And,
28:20
I just thought that was a bad, bad ass story. There was a bunch of people there that had, like, really big stories, but to me, that was,
28:26
a a really
28:27
I just say incredible and incredible win. And she had a kind of a
28:32
an intensity about her. Oh, yeah. You could almost tell when you were talking to her, like, okay. Even though on paper,
28:39
you got no attributes. Right? And we all know the rule. You gotta have some attributes if you wanna win.
28:44
She didn't have the experience. She didn't have the skill of of search things, but she did have a certain level of intensity. And you could see that, just in talking to her, like, her just the way she came across. She came across, like, a person to be taken seriously.
28:56
And, like, She was like a, like, a very small person. It wasn't like her stature. Well, she didn't have a natural knack at that. It was just the way she was talking that that that stood out Did you, did you meet the VESI guy? So v e s s I? Yeah. We've been out for lunch. So,
29:11
I I don't know if I can say what what they do. I don't maybe you could say, but based if they told you the numbers I'm not gonna say any numbers, but,
29:19
Tony was the the guy who there is the founder, and they make awesome shoes, apparently. I I haven't tried them. So I I can't think of it. But they're hardcore
29:27
in Vancouver. And so I,
29:29
my the lady at my hotel saw me wearing them, and she goes, oh, you're wearing Vessie's. Those are those are happening. So, basically, this she didn't say they're happening because she's not sixty years old but, you know, she said they're cool. Those are jazzy.
29:42
Yeah.
29:44
But anyway, so it's a shoe called Vessie. They look just like tennis shoes, but apparently they're like waterproof, which is a big deal in Vancouver because it rains a lot and sweat. And the guy bootstrapped the bootstrapped the company, and he told me the top line revenue, which I don't know if we can say or not. Just say it and we'll bleep it. Oh, okay. Fine. We'll say say it and bleep it, but over
30:05
And
30:05
so, basically, you you guys didn't hear what I just said, but we're talking, like, not we're talking in the same ballpark of, like, an all bird or something like that, like a publicly traded company,
30:16
quite huge,
30:17
completely bootstrapped. And I started talking to him and he's like, hey,
30:21
I I want us like I'm thinking about like getting popular on Twitter and then he started talking to me and I started giving feedback. And then he told me about the company and I and he told me the size and I'm like, wait, wait, wait, Why do you wanna be on Twitter? You realize this is totally not worth your time, and you are like way better than any of the thread boys, including me.
30:38
Don't go on Twitter, dude. Just keep crushing it. And the company that he had was entirely bootstrapped, and it started as a Kickstarter.
30:45
So he was like, was like, why are you guys so good? He said negative cash flow? Like, negative cash cycle, which means,
30:51
you know, people sell the stuff before they have to pay for the goods. Yeah. He's like, we just have good terms with the with the manufacturer,
30:56
and we started as a Kickstarter. So it's been profitable since day one. And this is another thing where it breaks all types of
31:03
patterns that I thought possible. So starting in Vancouver, Vancouver is not a big city. I think the metropolitan area is like eight hundred thousand or sorry. The metropolitan area is two million. The city is only eight hundred thousand So it's not like an episode. I went for a run and I, like, ran across the city, and I don't run. So
31:20
Yeah. And it's, like, not that big of a city. It's Canada, which I didn't realize how, like,
31:25
Canada's kind of podunk. Like, it's it's a it's like it's like it's like there's only like thirty million people in that whole place. It's like canada has the same population as California. It's crazy. Oh, in the same population as, like, the Metropolitan New York area. I mean, it's Right. But the size of that it's bigger than United States in terms of, like, the actual land mass. So it's, like, just it's a lot of empty space or a lot of space per person. Yeah. Like, it's not that big. And
31:49
it's a little behind in terms of, like, it's not like a sophisticated place. Resision isn't bad, but, like, I remember when I went to the airport and they checked my passport in such an odd location like, I remember they checked it, like, as I was going to the security thing to, like, scan my my body, not ahead of time. I'm like, oh, you guys know it would be way faster if you do this, this, the, whatever.
32:08
And so anyway, I met this guy and his company kills it. And so he, huge company in Vancouver
32:14
dominated Vancouver. They love shoes there. Everyone was talking about it incredibly quiet and nice. No, like, frills a lot. They opened up they opened up a a physical store in Vancouver. You see the you saw the video of that? Yeah. The video of the line, there's, like, a line, like, half a mile long. And I was, like, yeah. So you, like, this is, like, a marketing stunt. You, like, paid people to stand in this line. He's, like, these are like actual customers. No. He's like it's Monday. Sleep this too, but he said they're gonna do out of their retail location this year. I was like, what the hell? That's a absurd number. It's crazy. This guy was really, really cool. So I'm happy I got to meet him. But anyway, good weekend. Had a good time. We'll do it again.
32:53
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32:56
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33:07
grow better. Do you wanna talk about, you have another topic or you want me to go?
33:11
I got one. And then, but let let's do Let's do okay. Let's do this one first. So we went international.
33:18
We went,
33:19
abroad. Some might say some might say
33:22
Offshore.
33:23
You know, they'd be wrong, but if you can say offshore, they got me thinking about -- Off a shore. -- companies offshoring money.
33:30
And, like, I don't know about you, but I've always heard about this. But if you had ever asked me to explain,
33:36
you know, wait, how do companies like offshore? What is what's tax haven? Like, how do these things work? Do you actually know how this shit works? Because I went down and ran a rabbit hole last night and pretty interesting stuff. Did I have no idea what the word tax haven knows? Really how this actually I don't know what it means, but I like using it. You know what I'm saying? Like, I don't know. I don't really want one. Yeah. Yeah. Yeah. Like, it's it's right under,
33:58
shell Shell Corporation. When we have to think about it. Actually,
34:01
they're related. Alright. So so here's the kind of the headline or the takeaway, which is that
34:05
companies like Nike,
34:07
Apple,
34:08
Huge companies. Right? Now the the companies that we've all heard of use this. This is not just like a, I don't know, shady crypto guys that are open up a company in the Bahamas or whatever. It's like, you know, the the most blue chip of blue chip companies. Apple at one point had, like, three hundred billion dollars
34:24
offshore overseas that they weren't bringing back into America. Why? Because The the here's the general,
34:29
like, first principles explanation. So you,
34:32
every country has a tax rate. So let's say in in the United States, the corporate tax rate, let's say it's twenty one percent.
34:38
Well, if you make money here, you're gonna pay twenty one percent on all your profits.
34:42
But if you're able to shift those profits so that they're taken in another country, you can use that country's tax rate. Well, guess what? There are some countries that have a tax rate of pretty much zero. And so what these companies do is like, I'll give you an example of Nike. So Nike did this brilliant thing that resulted in Nike paying, like, I don't know. Something like three percent a year
35:03
tax rate on billions and billions of dollars of,
35:07
of revenue and profits.
35:08
And so how did they do this? Well, what they did initially was
35:13
they
35:14
created a a a shell company. There we go. Bingo.
35:17
Shell company in Bermuda. And the Shell company in Bermuda owned the swoosh, like the trademark to the Nike check.
35:24
And then what happened is Company of the United States is selling shoes,
35:29
but the and it might rack up, let's say, ten billion dollars of revenue,
35:33
or even like gross gross profit. So, like, you know, after taking out and took out the shoes and the shipping and all that. Well, normally, they just have to pay the tax on the ten billion. Well, what they would do is
35:42
the swoosh company in Bermuda would then charge them nine billion, let's say,
35:48
in royalty payments saying, hey, you're using the swoosh. You gotta pay us for that. So all of a sudden, the taxable income in the US goes from ten
35:55
down to one. And now they just pay the twenty percent on the one billion. And the nine billion that the Bermuda company got pays a tax rate of zero. Right? So their effective tax rate goes way way down. And so this is what they did initially. And then,
36:10
and and this lasted for, like, you know, some period of time.
36:14
But the and then they kinda closed these loopholes over time. So Nike had this had this set up in in the Netherlands,
36:20
and they had this set set up in the Netherlands where,
36:23
they had, you know, some Nike international company over there. They were doing this where in the Netherlands, they didn't have to pay taxes on on the money for some period of time because there was like a rule where on royalty income, you don't have to pay taxes. So they're like, great.
36:36
All the revenue this company is making is the royalty income from the IP, the the the swoosh trademark that we're we're,
36:43
that we're trademark, we're we're renting out, basically. To our other companies. And so they were not paying any taxes on Europe, Middle East, whatever.
36:51
And then what happens is, you know, after ten years, people start blaming. They closed that loophole. The politicians high five. They're like, we did it. These big corporations are gonna pay their fair share.
37:02
And then he goes, oh,
37:05
Hold on. Let me,
37:06
they get the blackberry out.
37:09
They call they call up the lawyer. They say, hey, one hole closed, open up another place.
37:14
Hang up the phone, and that the lawyers get to work, and they realize we could do something different. Here's what we'll do. We'll create two Dutch companies
37:22
And one of them will have a director in the United States because here's what happens. In the United States, the law says if your company if the company is incorporated somewhere else, it should be taxed in that country.
37:34
And then in the Netherlands, it says, well, if it has US directors, it's gonna be taxed in the US. So it's kinda like those, like, goofy, those movies where, like, the two guys are pointing.
37:42
He's got it. No. He's got it. Wait. What? Nobody's been taxing this thing? And so they they had what was called a stateless company, a company that was taxed nowhere, which is called Nike Innovate CV.
37:52
And, it paid zero taxes based And so companies like Nike have been able to do this.
37:58
Apple does the same thing. Facebook does the same thing. I don't know if you've ever seen, like, why all these tech companies have offices in Ireland? Yeah. Dublin. Everyone has a Dublin. Doubling. And I was like, wow. You know? Okay. Must is it the great
38:08
is it the the the the fantastic
38:10
world renowned engineering talent of Dublin? What what is the re reason for that? And the reason is because there was something called the double Irish strategy, which said if you have one
38:20
one Irish company that own the IP, and then another one that was,
38:25
you know, just like a subsidiary of it. And then that one had US director. Same thing, zero taxation.
38:31
And so for for five years, I think Apple made thirty billion dollars through their Irish companies and paid zero taxes on it. And I just think this is -- Are you gonna do this? -- how they do this stuff? And by the way, Tim Cook goes and he he stands in front of Congress. This is an amazing clip where he goes. Apple pays every
38:48
dollar that they owe in taxes.
38:50
We don't depend on tax gimmicks. We don't stash money in some Caribbean Island. It's like, yeah, you snatch it in an Ireland instead. Like, what are you what are you talking about here?
38:59
And then, like, you know, they've they've kinda shut that double iris strategy down.
39:03
And then the and then Apple goes, and this is all this all got leaked from this thing that you probably remember called. Do you remember, like, the Panama papers that got leaked? Yeah. Yeah. Do you know what actually happened there?
39:14
A bunch of
39:16
they, Panama was a city or a country, sorry, a country where this happened. And I don't know how it got leaked. I think they accounting firm that did a lot of the work for people got hacked.
39:26
Exactly. The fourth biggest law firm, was this something called Mosac Fonceca And, basically, this is the fourth biggest law firm. They're known for, like, creating shell companies and all this stuff.
39:35
They got hacked or not hacked, actually. Somebody just leaked eleven million documents. Oh my god. They don't know who leaked it, but somebody was, like, a whistleblower and leaked this thing. And there's, like, this this team of journalists that looked at for a year before finally going forward and public publishing the Panama papers. Well, after that, there was something called and that's where, like, the sort of Epstein and Putin stuff came out of the the Panama papers, then there was the Paradise papers, which came after that. And that was leaked from this accounting firm called Applebee.
40:04
And,
40:05
you know, and such a sick name. How You're familiar. You're you're a client of theirs.
40:11
Is there a is there a, like, a hooters LLC that can handle my income tax? Like, why? Yeah. These guys do shell companies?
40:19
It's soft shells. Sockos. Skill it pizza.
40:23
We like all types of shells.
40:25
Shell macaroni and shell companies.
40:29
Exactly. So so, you know, they they basically, they got leaked too, and then that's when the the company stuff that came out, came out as far as And then you could see Apple going to their law firm, then they leak the emails saying,
40:41
we we've, you know, the the Irish thing is coming to an end. We'd like to find another tree that has this favorable advantage, can you find us something in the crib, you know, maybe in the Caribbean, like, pretty much the exact opposite thing as he said front of a congress. You did something that I think is funny. And,
40:56
so basically, when people discuss these topics,
41:00
they use all type of all types of words that in itself are not, like, by definition, are not bad words, and they actually don't mean bad things. But they use it in this context and people automatically think villain. And sometimes I find myself using those words on purpose
41:18
but, like, bragging about them. So for example, loophole.
41:22
You used the word loophole. Why don't we just call it a rule? You know, like, we're just following the rule. This is the rule. We're gonna we're gonna use the rule. They use loop hole. Loop holes aren't bad. Just the rule. Another one, manipulate. Why don't we just use like persuade or influence.
41:36
And so, like, people use that word manipulate all the time. Another one is exploit.
41:40
I love that word exploit. I'm like, Oh, so to efficiently use something? Like, people talking about Amazon is exploiting their workers. I'm like, what does that mean? Isn't that the point is we give you money and then we exploit you? Like, we myself. Don't get canceled. Don't get canceled, Sam. We just got famous, bro. Don't don't don't ruin this. Well, they use these words and I'm like, that word Like, that's the that's the point is to exploit. We're gonna use this in a very particular way, and we're gonna use it efficiently.
42:06
And you you just did that where you use these words, but it's like, You're saying the word loophole as if it's a scam where it's like, no, loophole is the opposite of a scam. It's -- Right. -- this is we are playing in the rules.
42:17
And Well, I think that they do mean something, which is that they're within the rules, but not this they're they're within the letter of the law, but not the spirit of the law. And I think that's the the that that's the difference here. All pro bono lawyer yummy bro.
42:29
There's bro science. Now you're doing bro legal jargon.
42:33
By the way, Tim Cook actually even said that too in that same clip. He goes, we not only comply with the letter of the law, but a spirit of the law too, which was,
42:41
you know, that's a lie.
42:43
But Yeah. I I think you're right, which is
42:46
there are rules of the game, and
42:49
you can play if you play by those rules, you should not blame the player. You should hate the rule maker. Right? You should hate the game.
42:57
And so I I think that that's that's where a lot of people go wrong. Right? They hear this stuff. When I'm explaining these, I'm not saying Apple and Nike are evil.
43:05
But when I explained to him, I'm I'm, really, what I'm saying is I never really knew what this meant. I never knew actually how it works. Dude, you're a capital you're a capital j journalist. You're just saying the facts.
43:16
I'm a capital man. I think he established that myself.
43:19
So so, yeah, I think this is kinda interesting. And then it's, like, what's the game theory? So one thing that trump did, which is actually pretty smart, which is another loaded thing you can't say.
43:29
Well, he was like, dude, these companies have, like, hundreds of billions of dollars overseas because what happens is once they get taxed in the low low low tax place. They can't just move the money back into their, you know, Chase Bank here in America and, like, you know, go go down to the ATM and pull it out. Like, it would get taxed when it comes back. So they leave it overseas.
43:48
So this is money that never reaches. And so what Trump did was he goes, Alright. Look, I'm gonna make a one time exception for you to, what's called, repatriate the cash. Bring the cash back to America.
43:59
I'll lower the tax rate. It's, like, kinda like, alright, guys. Get in here. Kinda like, you know, the store owner, like, opens the back door. It's, like, get in. It's, like, a
44:07
gun give back. You ever seen those where you can, like, No questions asked. Just give us your guns. And Right. Right. Exactly. And I think there's some some value to those the scenarios.
44:16
And so he he made it like, you know, it's fifteen percent tax on that cash. Like one time, one time only if you want the cash back in America so you can invest it here and use it in your corporate activities here.
44:26
You know, here's your your sort of, like, discount, half price.
44:29
Okay, come on in. And, and then that brought, like, I don't know, sixty or ninety billion back in, but but not, like, the full amount. He thought four trillion would come back in, and it they just didn't.
44:39
Speaking of,
44:40
crazy people and huge
44:43
men in terms of size and and loopholes and tax evasion. I've got a cruel story for you, and I have a feeling you know about this person.
44:51
This is This is the I don't know if he's a Billy, but he's he's he's close enough. Have you heard of Kim dot com? Do you know who this guy is?
44:58
Yeah. Yeah. He's is prolific as you like to say. Dude, this guy that's the phrase here. I was gonna say this guy is a prolific freak. He's a total freak. So this guy named Kim dot com has all these interesting facts and I read about him because he
45:14
he's like six, seven, three hundred and fifty pounds. This guy's massive He's huge. And he lives in New Zealand,
45:19
and he, him and his wife, he married, like, a Philippine,
45:24
like, beauty queen or something like that. And she divorced him. And and these people thought that they were gonna like, she was gonna talk shit about him. She's like, no, no, no, like, I have nothing bad to say about him. It just the marriage didn't work out, but he was a nice guy. And so I started reading about him. By the way, what's his real name? And so Kim Schmidt, but then he was known as Kim, Tim, Jim, investor,
45:44
or Kimbell. And then eventually, he legally changed his name
45:48
to,
45:49
dot com. So the wife, the ex wife, kept her married last name, and her name is, like, you know, like, Sarah dot com. And so, like, the article refers to her as, like, miss dot com.
46:01
It's like so that's her legal name. So
46:05
this guy is like I'm gonna become Sean worldwide.
46:08
Yeah. Mister worldwide.
46:10
This is my life. This is worldwide.
46:12
Nice to meet you. Dude, the article referred to as as miss dot com. And so check this out. So this guy
46:18
in the nineties, he starts in Germany as a hacker. And he hacks something like forty million or he claims this, but this is not verified. He said he, hacked into some like famous bank and he took forty million dollars and he donated it to greenpeace. At least that's what he said, but TBD if that's actually true because greenpeace is like, no, that's not true. And then eventually, he starts building all these other programs and all those, like, software that is, like, mildly successful. And he tries to set and he's a hacker all while while he's doing. He's doing a bunch of illegal shit. But while doing this, he's trying to send a file to his friend and the email that he's trying to send it through says, alright, you've exceeded the limit. We can't do this. So we create this thing called mega upload. Which eventually, like, gets huge. Have you heard of mega upload? If you ever download a, an illegal movie or anything like that, you've probably come across mega upload upload. Have you?
47:03
Of course. Yeah.
47:05
Never never used it for textbooks, but, definitely have used mega upload.
47:09
Yeah. So mega upload, it's kind of like Napster, but you don't need to I don't think you, it's just a website. So you don't need to download a client. So it's like pirate Bay, I guess, is a similar one, but again, you still don't need it's just a website where you can, like, trade files. And it goes viral because all these people would share files,
47:25
and he would put, like, mega upload, like, in the, like, image. So, like, that's how it, like, grew, and got viral. And so anyway, he creates this thing and it swells. He launches it in two thousand five, and in two thousand ten, he's basically he's able to pay himself forty two million dollars.
47:42
That was his personal
47:44
income
47:45
from that. And eventually after like eight years, he gets sued and Hollywood Suse them. I guess, I don't know what Hollywood is, but Big Hollywood sues him. The government sues him. The sign. Yeah. The sign. And they say that he,
47:59
made close to two hundred million dollars in personal profit from this whole thing.
48:04
And all during this, he's doing like this other crazy shit
48:08
So out of like fifty million
48:10
modern warfare,
48:12
players, this guy was ranked number one. He was the number one player for call of duty. Yes. In two thousand and twelve, he was the number one person in the world at call of duty. He also finished first and the gumball three thousand. You know what that is? It's like a, car race. It's a car race across Europe. He finishes first. Then he releases an album of original music with any, like, class with other articles, other artists. It's called Good Times. And it's not that bad, of an album, to be honest. Then he creates the internet party, which is a a new political party in New Zealand, and it kind of gains some traction. And he's doing all of this while running mega upload. Well,
48:52
mega upload gets sued, and he actually goes to jail for the second time. He's already been in jail for a few I think a few weeks, a few months before for his hacking stuff. This time, he gets locked up for a longer period of time. And when they arrest him, they go to his house and his compound, and they just swarm it, SWAT style, And in the house, they find, like, forty cars, like, the NICE cars, you know, like, these fancy Mercedes, AMGs,
49:15
bugatti's, all this shit. They find all this art, but they also find a hundred and seventy five million dollars in cash. This guy had that much money in cash in, like, a in a room in his house. He's kind of like a proper gangster. I mean, he's like a gangster of the gangster. And to give context, mega upload, had fifty million visits a day. It was like the seventh most popular website in the world at one time. It accounted for four percent of the of total traffic in America, and it, had a hundred and eighty million users, and people were transferring eight hundred files a second on mega upload. This thing was huge. He had it was ran almost like a proper company. He had a hundred and fifty five employees, you know, engineers, customer service admin, all this stuff, and it was wild. And this is a wild story that, like, I just came across because I was reading about miss dot com, his wife, or his ex wife.
50:04
Very fascinating guy. This guy's super prolific. He created this thing called,
50:09
a bent a mega car. So he was trying to launch a car company that was, like, internet connected, and it didn't, like, work out wonderfully, but he built, like, a handful of the cars. But super prolific.
50:18
Very interesting.
50:20
And I thought that you might have a little bit of stories about this guy. This guy seems like he runs in your world a little bit. I'm gonna send you this. I can't say this on the pod, but,
50:28
we've dmed before. And,
50:31
I just have to show you what's in this d m. We can't this this is not gonna be good content, but you You have to see this.
50:36
What what what was it just like crazy inappropriate stuff? I'll I'll send it to you after this. But,
50:42
Yeah. This guy is prolific. I feel like he's kind of, like, the,
50:47
Rogue, Mark Andreson,
50:48
totally. Like, Mark andreson is also surprisingly
50:51
massive,
50:53
a prolific internet guy who was, like, you know, had, like, a bunch of ideals and, like, took, took at it. Mark Anderson just, like, sort of took more of the straight path, and this guy went rogue.
51:03
That's kinda how I think about him.
51:06
I can't blow I'm blown away by this call of duty thing.
51:09
Yeah. Like, he, like, like, this isn't, like, he said she's thing. I mean, that this is, like, rankings. Like, you can actually see, like, leaderboards. And he was number one. Does he just have, like, a basement of, like, you know, fifteen year old Korean boys that are playing for him or something? Like, Do I really believe that this guy was the number one worldwide
51:26
call of duty player? That is insane. That is so crazy. That that's, like, what's the story about the the Uber guy Travis where he was the number one We tennis player in the world or something like that? I think it was, like, two. So, basically, the story is, like, Chris Sacca, this famous investor, and Travis were, like, at Chris Sacca's, like, vacation home. Chris Sacca, mister Sacca, was there.
51:45
Travis Sacca.
51:48
Well, you know, that's how we gotta, you know, that's how we gotta play the story.
51:51
So you know, the difference between the the two sackas.
51:54
They're so so kind and polite. So mister sacka and Travis are playing We tennis.
51:59
And Travis crushes the dad, mister Saka.
52:02
And Travis at the end of the game goes, mister Saka, I've got a confession. Any kinda
52:07
like
52:08
you know, what's that princess movie with, like, I don't think the word means what you think. It's a princess diary. He kinda, like, throws the wii controller into the right hand. He goes, I've been playing left handed the whole time, but I'm really right handed. And he just, like, obliterates him even more. And he goes, I have another confession. And he goes to the the the game, the rankings, and he's, like, two or three in We tennis.
52:30
And so He's, like, the lift of We tennis.
52:34
Seven out of ten. We'll give him.
52:36
And so, yeah, this Kim dot com guy, he's crazy, man. We got I would love to have him on the pod. He's, super interesting.
52:44
Yeah. That's a crazy story.
52:46
Also, he I feel like he did he didn't launch his own crypto token, like, the odds
52:52
of him not doing his own token in the last five years, like, that had to be, like, a one and one million chance of him not doing He probably,
52:59
I mean, he was, like, he died about it.
53:01
But, yeah, he probably had, like, I bet you he was, like, banned for, like, you know, selling securities. How about you, he had some I I didn't look into, like, what his what his ban was and what the what the verdict was. But, I mean, he was in, like, legit trouble. I mean, he was in prison.
53:15
And so he probably can't.
53:17
But what's crazy is number one in call of duty. Number two, that he had a hundred and seventy five million dollars in cash.
53:23
In a room in his house. That's that's wild. I don't even know how I would like to know how much, like, physical space that takes up, but that'd be a lot.
53:30
Isn't it like always disappointing? It's like, that's just two briefcases. Yeah, dude. On the Sopranos, I was watching last night, they gave a guy seventy five thousand dollars, and it was in an envelope. Like, not a, like, not a, like, a Manila, like, not even the type that you've gotta go to FedEx for, the type that you have in your home.
53:47
I can't tell you how disappointed that would be.
53:50
Like, if I ever am involved, then you're gonna ransom or if I win some sort of prize, like, I need the giant check if I win a prize and
53:59
If you're gonna give me some cash, like, just get it in the smallest bills possible. I want duffel bags. I want I want, like, a, you know, a Costco
54:07
trolley bringing me the cash. Like, if I get something in, and it's in an envelope, I don't care what's inside. I'm throwing it away. Yeah. If it fits in my jacket pocket, I'm out And if, like, and it was, like, the side pocket of, like, a suit where you reach in. So, you know, those pockets are small. And if and that seventy five thousand were ever fit in that jacket, very Yeah. Just keep it. Yeah.
54:25
I bought a lottery ticket in Canada. I didn't win, by the way. You buy lottery tickets?
54:30
Yeah. I I have this moment whenever I get up to the counter.
54:33
Where my brain just goes into an instant fantasy of, like, and then this was the day. And then I'm telling people that I almost didn't buy it, but I just said, screw it. And I bought it and I won. Dude, that's the stupidest shit ever. I do that
54:45
at least one out of three times. I'm at a counter the US, they they require cash, so that just that's what saves me from not buying it. But,
54:52
in Canada, you could buy it on your cards. Great. We're gonna wrap there?
54:55
Yeah. We could we could wrap there. Alright.
54:58
That's the pod. We gotta start saying the gentleman's agreement every time, by the way. I keep forgetting to.
55:02
Go subscribe to us on YouTube.
55:06
That's it.
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