00:00

Whenever I hear stuff like this, like, when people are like, you know, oh, you know, money doesn't make you that happy or, like, you know, after this amount doesn't really do anything for you, It's like, yeah, you're probably right, but I'm just gonna check.

Whenever I hear stuff like this, like, when people are like, you know, oh, you know, money doesn't make you that happy or, like, you know, after this amount doesn't really do anything for you, It's like, yeah, you're probably right, but I'm just gonna check.

00:11

Yeah. I would like to find out. I'd like to find out. I'm gonna go ahead. I'm gonna go ahead for myself.

Yeah. I would like to find out. I'd like to find out. I'm gonna go ahead. I'm gonna go ahead for myself.

00:27

Alright. We're live.

Alright. We're live.

00:29

Can I start the podcast doing something that you're gonna Can I complain? I wanna complain. Oh, everybody wants that. I'm having a really shitty week, and I'm having a horrible day. So, basically, like,

Can I start the podcast doing something that you're gonna Can I complain? I wanna complain. Oh, everybody wants that. I'm having a really shitty week, and I'm having a horrible day. So, basically, like,

00:41

personal life. There's some stuff. Like, we thought the pregnancy was gonna be one day or the due date was gonna be one day. Now it might be another day.

personal life. There's some stuff. Like, we thought the pregnancy was gonna be one day or the due date was gonna be one day. Now it might be another day.

00:47

Don't have the supplies I need. So I gotta go and buy the crap this weekend that I think I need. I'm really stressed about that.

Don't have the supplies I need. So I gotta go and buy the crap this weekend that I think I need. I'm really stressed about that.

00:54

At Hampton,

At Hampton,

00:55

we are dealing with, like, we're having to make, like,

we are dealing with, like, we're having to make, like,

00:58

policies that I've not used to having to make, like, maternity leave and things like that. So those conversations are exhausting to me.

policies that I've not used to having to make, like, maternity leave and things like that. So those conversations are exhausting to me.

01:05

And then,

And then,

01:06

I got sick this week, and I took this medicine that made me bloated. I don't know if you could tell on my face, but I've gained fifteen pounds in the last three days. I feel like

I got sick this week, and I took this medicine that made me bloated. I don't know if you could tell on my face, but I've gained fifteen pounds in the last three days. I feel like

01:15

You need to poke me with, like, a needle, and I need to, like, let out air. I feel miserable. My all my fitness gains that I've made in three years, it feels completely erased. Rank those from worst to least worst. The bloat is the number one worst thing. It has to be. Right? It has to be. But listen, I have a worse thing. Listen to this. You'll find this hilarious. I did David Parrell's podcast. He asked me to look at his edits. I log in. Let me read to you the first edit that he made to his editor that I read it. He said, this is a note from David. He goes, Hey, can you remove the I Love Nazi's part It's a little distracting.

You need to poke me with, like, a needle, and I need to, like, let out air. I feel miserable. My all my fitness gains that I've made in three years, it feels completely erased. Rank those from worst to least worst. The bloat is the number one worst thing. It has to be. Right? It has to be. But listen, I have a worse thing. Listen to this. You'll find this hilarious. I did David Parrell's podcast. He asked me to look at his edits. I log in. Let me read to you the first edit that he made to his editor that I read it. He said, this is a note from David. He goes, Hey, can you remove the I Love Nazi's part It's a little distracting.

01:52

Clean it up.

Clean it up.

01:53

Basically,

Basically,

01:55

on the podcast, he was like, what do you like to read lately? I was like, oh, you know, I've been loving, like, history. I've been loving war in particular, I love Nazis. Like, I like ringing about that.

on the podcast, he was like, what do you like to read lately? I was like, oh, you know, I've been loving, like, history. I've been loving war in particular, I love Nazis. Like, I like ringing about that.

02:05

And I just log in and I'm like, remove the I love Nazis part. And so, anyway, I've had a hell of a day, dude. I feel bad, and it's like eleven AM.

And I just log in and I'm like, remove the I love Nazis part. And so, anyway, I've had a hell of a day, dude. I feel bad, and it's like eleven AM.

02:13

Am I being am I soft right now? Or or should we just pull the plug on on everything?

Am I being am I soft right now? Or or should we just pull the plug on on everything?

02:18

Millionaire

Millionaire

02:19

has a gas or whatever.

has a gas or whatever.

02:22

By the way, really funny. We, we were at a dinner,

By the way, really funny. We, we were at a dinner,

02:25

with these guys who,

with these guys who,

02:27

like, this other founder, investor type guys. And then somebody was, like, oh, do you want this? And Ben goes,

like, this other founder, investor type guys. And then somebody was, like, oh, do you want this? And Ben goes,

02:33

nah, I'm kidding. Like, what? You don't like this? He goes, nah, I just I feel bloated. And then the whole table turned and looked at him. They were like,

nah, I'm kidding. Like, what? You don't like this? He goes, nah, I just I feel bloated. And then the whole table turned and looked at him. They were like,

02:42

Are you a pregnant woman? Why are you saying you feel bloated?

Are you a pregnant woman? Why are you saying you feel bloated?

02:46

I was like, I never heard a guy say I feel bloated.

I was like, I never heard a guy say I feel bloated.

02:49

I'm not saying it doesn't happen. But I am saying you should never say it. It's just what it's like.

I'm not saying it doesn't happen. But I am saying you should never say it. It's just what it's like.

02:55

It's the what what was your list of, like, drinking from a straw holding a Yeah. Meno Drake from straws.

It's the what what was your list of, like, drinking from a straw holding a Yeah. Meno Drake from straws.

03:01

Hold

Hold

03:04

it. Saying bloated is is now on that official list.

it. Saying bloated is is now on that official list.

03:07

Never do it. It makes you look super soft.

Never do it. It makes you look super soft.

03:10

Men do not drink from straws. Men should never hold mugs or cups with two hands. That's a rule. If you don't do that, Another rule that I'm thinking about making is if you get a drink and there's a lid on it, you always take the lid off. And

Men do not drink from straws. Men should never hold mugs or cups with two hands. That's a rule. If you don't do that, Another rule that I'm thinking about making is if you get a drink and there's a lid on it, you always take the lid off. And

03:22

and for sure for sure men do not say bloated.

and for sure for sure men do not say bloated.

03:26

Yeah. Yeah. We could add that to the list. Add it to the list. Alright. Good. Good. We got that settled.

Yeah. Yeah. We could add that to the list. Add it to the list. Alright. Good. Good. We got that settled.

03:31

Okay. So besides your your petty complaints,

Okay. So besides your your petty complaints,

03:35

Where do you wanna start? What do you got? So you have Facebook? Are you talking about the, Lex Mark interview Mark? Yeah. Yeah. So I see this thing. So so Lex Freever does this interview with Mark Zuckerberg. And

Where do you wanna start? What do you got? So you have Facebook? Are you talking about the, Lex Mark interview Mark? Yeah. Yeah. So I see this thing. So so Lex Freever does this interview with Mark Zuckerberg. And

03:47

here's the setup. About it like, I don't know when Facebook rebranded to Meta, but I think it was, like, two years ago, or a year and a half ago.

here's the setup. About it like, I don't know when Facebook rebranded to Meta, but I think it was, like, two years ago, or a year and a half ago.

03:54

And,

And,

03:56

changed the name, meta. People are like, okay.

changed the name, meta. People are like, okay.

03:59

Why? And he's like, because

Why? And he's like, because

04:00

the metaverse.

the metaverse.

04:02

And the Metiverse might be get on that bloated list as, like, words you should just never say. It's, like, if I was, like, hey, guys. I'm logging into the information super highway real quick. Like, you know, this is called the internet that, like,

And the Metiverse might be get on that bloated list as, like, words you should just never say. It's, like, if I was, like, hey, guys. I'm logging into the information super highway real quick. Like, you know, this is called the internet that, like,

04:13

nineties. That's something called the internet. So so, you know, the metaverse was always this dorky thing. And you know, the problem with it was, like, people are like, oh, okay. Must be it's is it awesome? Is there something awesome I don't know about?

nineties. That's something called the internet. So so, you know, the metaverse was always this dorky thing. And you know, the problem with it was, like, people are like, oh, okay. Must be it's is it awesome? Is there something awesome I don't know about?

04:26

And then he they're like, so what what is it, Mark?

And then he they're like, so what what is it, Mark?

04:29

And he's like, well, it's,

And he's like, well, it's,

04:32

digital identities and avatars and and they're like, Oh,

digital identities and avatars and and they're like, Oh,

04:36

not we're larping now. We're not what are we talking about here. And so then

not we're larping now. We're not what are we talking about here. And so then

04:41

the demo. So our Arie, can you pull this up? Pull up the initial demo where he was, like, the future of work. Check it out.

the demo. So our Arie, can you pull this up? Pull up the initial demo where he was, like, the future of work. Check it out.

04:48

Facebook for horizons or whatever. And he pulls up this goofy avatar of Sampar. If you're on, you can't get out. So it's this

Facebook for horizons or whatever. And he pulls up this goofy avatar of Sampar. If you're on, you can't get out. So it's this

05:01

absolute cartoon like the sims version of Mark Zuckerberg standing in front of a tiny Eiffel Tower, which makes no sense. And they were like, yeah. Like, you don't need to do business meetings on Zoom anymore, you could do this. And everyone's like, I'll never do that. And so, you know, it's

absolute cartoon like the sims version of Mark Zuckerberg standing in front of a tiny Eiffel Tower, which makes no sense. And they were like, yeah. Like, you don't need to do business meetings on Zoom anymore, you could do this. And everyone's like, I'll never do that. And so, you know, it's

05:18

Facebook's

Facebook's

05:19

got a stock price panks. People are like, he's wasting all this money on the metaverse.

got a stock price panks. People are like, he's wasting all this money on the metaverse.

05:24

He's, you know, this guy's clueless and stock tanks.

He's, you know, this guy's clueless and stock tanks.

05:28

But I I always believe. As you know,

But I I always believe. As you know,

05:31

we are we are pro zuck on this podcast for He's hard to bet against. He's hard to bet against. So That's against. I start buying the stock. I'm like I'm like that guy who liked the game stop, you know, stock, and he's I like the stock. I like the stock. The way, did you see the movie that came out or the show that came out about that on Netflix? I'm gonna watch it. Yeah. I'm watching it. Sure. It's it's pretty good. I would say I give, like, a it's a solid b plus. It's, like, for guys to call this. It's entertaining.

we are we are pro zuck on this podcast for He's hard to bet against. He's hard to bet against. So That's against. I start buying the stock. I'm like I'm like that guy who liked the game stop, you know, stock, and he's I like the stock. I like the stock. The way, did you see the movie that came out or the show that came out about that on Netflix? I'm gonna watch it. Yeah. I'm watching it. Sure. It's it's pretty good. I would say I give, like, a it's a solid b plus. It's, like, for guys to call this. It's entertaining.

05:55

We're gonna we're gonna make that the official rating of DAB. We're gonna call it DAB, decent at best. That's our new rating. It's DAB. How is that? It's DAB. Yes. Exactly. So so anyways,

We're gonna we're gonna make that the official rating of DAB. We're gonna call it DAB, decent at best. That's our new rating. It's DAB. How is that? It's DAB. Yes. Exactly. So so anyways,

06:06

we like the stock. We buy it because we believe that this guy is not gonna go all in and lose.

we like the stock. We buy it because we believe that this guy is not gonna go all in and lose.

06:11

Now fast forward about a year. In one year, here's what the metaverse looks like. Now he goes on Lex Friedman's podcast. It looks like him and Lex are talking to each other, But they're actually, whatever, thousands of miles apart doing this podcast.

Now fast forward about a year. In one year, here's what the metaverse looks like. Now he goes on Lex Friedman's podcast. It looks like him and Lex are talking to each other, But they're actually, whatever, thousands of miles apart doing this podcast.

06:24

They're wearing the new, like, Quest device or whatever, and check this out. So this is Unbelievably

They're wearing the new, like, Quest device or whatever, and check this out. So this is Unbelievably

06:30

realistic. Like, it looks

realistic. Like, it looks

06:32

identical to their face.

identical to their face.

06:35

The freckles on their nose, the lighting, the the the mouth move minutes while they're talking. Like, it's super, super realistic, which is funny because, like, both of these guys barely move their mouth actually. So it actually looks a little stiff, but it's because Alex Friedman and Mark Zuckerberg.

The freckles on their nose, the lighting, the the the mouth move minutes while they're talking. Like, it's super, super realistic, which is funny because, like, both of these guys barely move their mouth actually. So it actually looks a little stiff, but it's because Alex Friedman and Mark Zuckerberg.

06:49

The stiffest guys on the planet. So, you know, the guys who, like, don't show emotion. So it wasn't really that good of a demo in that sense. But

The stiffest guys on the planet. So, you know, the guys who, like, don't show emotion. So it wasn't really that good of a demo in that sense. But

06:57

kind of amazing. Now it had, like, a black backdrop. Like, there was no they don't have the background stuff built yet. But, yeah, so it it explain how that works. So, basically, what I'm seeing is left and Mark are wearing what looks like in oculus, but slightly different, but basically in oculus. And then are there cameras outside of the That's it. Wow. That's it. So they're wearing this headset. And what what happened is they both did this scanning process. So right now, it's not like the sustainable thing. But, like, that that purple image is the three d codec scan, basically. So they went and got this, like, scan done, which today is, like, kind of the manual process to do this. But in the future, the device itself or your phone will be able to do this scan for you. You'll just it's like, Xbox has a thing called connect. I think it works the same way. Where it's basically like you stand in front of it one time, you look to the left, you look to the right, you look up, you say these ten sentences,

kind of amazing. Now it had, like, a black backdrop. Like, there was no they don't have the background stuff built yet. But, yeah, so it it explain how that works. So, basically, what I'm seeing is left and Mark are wearing what looks like in oculus, but slightly different, but basically in oculus. And then are there cameras outside of the That's it. Wow. That's it. So they're wearing this headset. And what what happened is they both did this scanning process. So right now, it's not like the sustainable thing. But, like, that that purple image is the three d codec scan, basically. So they went and got this, like, scan done, which today is, like, kind of the manual process to do this. But in the future, the device itself or your phone will be able to do this scan for you. You'll just it's like, Xbox has a thing called connect. I think it works the same way. Where it's basically like you stand in front of it one time, you look to the left, you look to the right, you look up, you say these ten sentences,

07:46

you move your hands around, and it's, like, cool. I've now recreated you perfectly

you move your hands around, and it's, like, cool. I've now recreated you perfectly

07:51

digitally from now on. And by the way, this is gonna be like the DMV also because what ends up happening is Whatever

digitally from now on. And by the way, this is gonna be like the DMV also because what ends up happening is Whatever

07:59

you look like when you got scammed, that's you online now. And so, like, I could be sitting there hair disheveled, having shower, beard on my face. But if my avatar is when I looked my best, that's how everybody will see me in my meetings and on the podcast or whatever.

you look like when you got scammed, that's you online now. And so, like, I could be sitting there hair disheveled, having shower, beard on my face. But if my avatar is when I looked my best, that's how everybody will see me in my meetings and on the podcast or whatever.

08:14

It's like when you die and go to heaven, what do you imagine someone to look like?

It's like when you die and go to heaven, what do you imagine someone to look like?

08:18

You know? Like,

You know? Like,

08:19

which a which age are they for eternity? That's sorta like this. You know what I mean? I feel like it should be, like, whatever you remember them by, that's what you see. And so, you know, that that that'd be that'd be my my hope. But the so right now, they're doing this three d scan. They create this advanced model, that's the thing. Like, why is this not released to everybody? Cause they have to figure out how to do that scan just like on a phone, so that anybody could do it. But after that, the thing was incredible. And I just think the progress in one year from that cartoon It's awesome.

which a which age are they for eternity? That's sorta like this. You know what I mean? I feel like it should be, like, whatever you remember them by, that's what you see. And so, you know, that that that'd be that'd be my my hope. But the so right now, they're doing this three d scan. They create this advanced model, that's the thing. Like, why is this not released to everybody? Cause they have to figure out how to do that scan just like on a phone, so that anybody could do it. But after that, the thing was incredible. And I just think the progress in one year from that cartoon It's awesome.

08:50

Cartoon Avatar in front of the Eiffel Tower to this is unbelievable. And now this when you see this, you're like,

Cartoon Avatar in front of the Eiffel Tower to this is unbelievable. And now this when you see this, you're like,

08:56

oh, okay. Kinda get this metaverse thing. Like, This is cool. Like, they were hanging out in a room. They could play ping pong together. They could do an interview together without ever having to travel without ever having to leave their space.

oh, okay. Kinda get this metaverse thing. Like, This is cool. Like, they were hanging out in a room. They could play ping pong together. They could do an interview together without ever having to travel without ever having to leave their space.

09:08

That is pretty impressive.

That is pretty impressive.

09:10

Dude, what do you think about

Dude, what do you think about

09:12

Mark Zuckerberg's patience when everyone was, like, nerd?

Mark Zuckerberg's patience when everyone was, like, nerd?

09:16

What are you doing, dude? This is the stupidest thing ever. And, like, he knew how amazing this was gonna be. I just imagined, like, the Arthur fist He just, like, punches his arthur fist if that's his only, like, the outlet of emotion, and he's, like,

What are you doing, dude? This is the stupidest thing ever. And, like, he knew how amazing this was gonna be. I just imagined, like, the Arthur fist He just, like, punches his arthur fist if that's his only, like, the outlet of emotion, and he's, like,

09:29

continue. Nothing. Nothing. Like, he just has he he just, like, walks around with a notebook And, like, he'll just, like, cross a name off a list of voice in a while of, like,

continue. Nothing. Nothing. Like, he just has he he just, like, walks around with a notebook And, like, he'll just, like, cross a name off a list of voice in a while of, like,

09:38

revenge, shaters. Got him.

revenge, shaters. Got him.

09:41

Or you'll just see someone that gets high school crush that is the Winkle Lost twins, and now the list is just super long. Like, someone will, like, insult him at an interview and be like, hold that thought and pull up his notebook and just use Sandrena Bill. So you put it Sean with sideways

Or you'll just see someone that gets high school crush that is the Winkle Lost twins, and now the list is just super long. Like, someone will, like, insult him at an interview and be like, hold that thought and pull up his notebook and just use Sandrena Bill. So you put it Sean with sideways

09:55

or

or

09:56

Got it.

Got it.

09:58

No. No. No, Mark. I like the stock. I like the stock.

No. No. No, Mark. I like the stock. I like the stock.

10:02

Dude, he's totally pulled this off. We always have said this, but imagine this, like, a guy who's the top of the game since he was twenty years old, married to the same woman, the entire time, has a happy family, has hobbies,

Dude, he's totally pulled this off. We always have said this, but imagine this, like, a guy who's the top of the game since he was twenty years old, married to the same woman, the entire time, has a happy family, has hobbies,

10:14

has never had a major scandal. At least nothing involving his personality. Super ripped. Don't forget. Super ripped fit seems pretty nice. This guy's awesome, man. By the way, you just described LeBron James also. Exact Yeah. Exact description of LeBron James also.

has never had a major scandal. At least nothing involving his personality. Super ripped. Don't forget. Super ripped fit seems pretty nice. This guy's awesome, man. By the way, you just described LeBron James also. Exact Yeah. Exact description of LeBron James also.

10:29

They are the same. They're both were big shots at the age of twenty. They're both ripped to certain degrees or different degrees.

They are the same. They're both were big shots at the age of twenty. They're both ripped to certain degrees or different degrees.

10:35

They both have never had major it's Lebron Lebron's been with us, his, like, high school girlfriend forever. Right? They're married. Savannah. Yeah.

They both have never had major it's Lebron Lebron's been with us, his, like, high school girlfriend forever. Right? They're married. Savannah. Yeah.

10:42

And then he has a bunch of kids, in, like, my other family, it seems like. I saw LeBron at the Wind casino one time. And I was like, Lebron, and then I go up to him and I try to dap him up. And, like, his security was they were there, but, like, he was walking. So it was, like, I wasn't bothered. And I was it was clear. I was being quick. I got off the BlackTech table to just do it. And, when I tell you

And then he has a bunch of kids, in, like, my other family, it seems like. I saw LeBron at the Wind casino one time. And I was like, Lebron, and then I go up to him and I try to dap him up. And, like, his security was they were there, but, like, he was walking. So it was, like, I wasn't bothered. And I was it was clear. I was being quick. I got off the BlackTech table to just do it. And, when I tell you

11:03

that my hand was a tiny pebble in this man's giant hand, I have never felt so

that my hand was a tiny pebble in this man's giant hand, I have never felt so

11:11

Honestly, so supported. I felt so, like, taken care of when I just put my hand in this guy's giant mitt. It was unbelievable. To see a human hand just wrap my whole my whole hand up. Yeah. Women aren't the only people who like to be hugged and, like, everybody needs a big food, and I found mine. It's Sabron James.

Honestly, so supported. I felt so, like, taken care of when I just put my hand in this guy's giant mitt. It was unbelievable. To see a human hand just wrap my whole my whole hand up. Yeah. Women aren't the only people who like to be hugged and, like, everybody needs a big food, and I found mine. It's Sabron James.

11:28

Alright. So have you heard dude, wait, have you seen this thing Zozo fit z o z o f I t? Oh, was this the, like, motion capture thing?

Alright. So have you heard dude, wait, have you seen this thing Zozo fit z o z o f I t? Oh, was this the, like, motion capture thing?

11:37

It's it's a it's a suit. This guy in Japan came out with this thing. Right. I've been, like, paying attention to this for ten years. It has never lived up to a tight.

It's it's a it's a suit. This guy in Japan came out with this thing. Right. I've been, like, paying attention to this for ten years. It has never lived up to a tight.

11:47

I've been about this forever,

I've been about this forever,

11:49

but it's a suit that they sent to you. It's a bodysuit. You put it on and they claim that it, like, knows all the dimensions of your body, and then you could buy clothing that, like, fits perfectly to it. It doesn't work. Things that Sam's been telling me about for seven years. Denim,

but it's a suit that they sent to you. It's a bodysuit. You put it on and they claim that it, like, knows all the dimensions of your body, and then you could buy clothing that, like, fits perfectly to it. It doesn't work. Things that Sam's been telling me about for seven years. Denim,

12:03

Brett Adcock, and Zozofit.

Brett Adcock, and Zozofit.

12:07

I love Zozofit, man. I've wanted it to work because I've got huge thighs and a fat ass. And so finding pants,

I love Zozofit, man. I've wanted it to work because I've got huge thighs and a fat ass. And so finding pants,

12:15

finding pants for me. We're friends, but okay. I it's just it is what it is to Well, explain this guy. So this guy is a Japanese billionaire. Right? Like, he's like a He's a Japanese billionaire. He came like a media company. That's originally, I think, how I found him. I think it was a media company. And then his new thing was he's gonna start this clothing company, and he's gonna mail everyone a Zozo suit for free. So you can find fit. Right? Like Perfect fitting clothing. Turns out, I think the clothing company, like, didn't even do that well. But people are like, Yeah. Can I just get this dozo fit thing and just use it for everything? Also, to, like, tell me if my muscles are getting bigger or if I'm losing weight. Like, tell me about it all. And so he just says, alright. Fine. It's a fifty bucks. Like, it's gonna be really cheap. And you use your phone, it's like, when you see, like, the lord of the rings, movies being made and they're wearing these weird suits with these balls on them, it's basically that. It's a suit like that. By the way, and you, like, somebody should be making this for with just AI now. So,

finding pants for me. We're friends, but okay. I it's just it is what it is to Well, explain this guy. So this guy is a Japanese billionaire. Right? Like, he's like a He's a Japanese billionaire. He came like a media company. That's originally, I think, how I found him. I think it was a media company. And then his new thing was he's gonna start this clothing company, and he's gonna mail everyone a Zozo suit for free. So you can find fit. Right? Like Perfect fitting clothing. Turns out, I think the clothing company, like, didn't even do that well. But people are like, Yeah. Can I just get this dozo fit thing and just use it for everything? Also, to, like, tell me if my muscles are getting bigger or if I'm losing weight. Like, tell me about it all. And so he just says, alright. Fine. It's a fifty bucks. Like, it's gonna be really cheap. And you use your phone, it's like, when you see, like, the lord of the rings, movies being made and they're wearing these weird suits with these balls on them, it's basically that. It's a suit like that. By the way, and you, like, somebody should be making this for with just AI now. So,

13:08

you know, like, calorie counting apps have been around forever?

you know, like, calorie counting apps have been around forever?

13:12

Yeah. And you used to have to manual you know, you'd be like, okay, it's lunch. And you'd open my fitness pal or whatever, and you'd be like, I've been using my fitness pal every day for years. And you would,

Yeah. And you used to have to manual you know, you'd be like, okay, it's lunch. And you'd open my fitness pal or whatever, and you'd be like, I've been using my fitness pal every day for years. And you would,

13:20

you'd be like, yeah, I had a chicken salad They're like, how many ounces of chickens? Like, I don't know, dude. I didn't weigh it. Eight ounces. They're like cool. Like, white dressing or medium, and it's like, know. That sounds like a personal question. What are you asking me about? Like and so you you had to manually input all this. Well, now there's these apps like snap calorie and stuff like that. You just take a picture of the thing, and it's, like,

you'd be like, yeah, I had a chicken salad They're like, how many ounces of chickens? Like, I don't know, dude. I didn't weigh it. Eight ounces. They're like cool. Like, white dressing or medium, and it's like, know. That sounds like a personal question. What are you asking me about? Like and so you you had to manually input all this. Well, now there's these apps like snap calorie and stuff like that. You just take a picture of the thing, and it's, like,

13:39

Good enough now where it can actually guess the calories.

Good enough now where it can actually guess the calories.

13:42

And and there I I would say, like, it's still not all the way there because it doesn't know, let's say, like, how much oil was used in cooking for example.

And and there I I would say, like, it's still not all the way there because it doesn't know, let's say, like, how much oil was used in cooking for example.

13:49

But but we're getting to that point where you could just take a picture and it knows the calorie count. Well, I think we're also gonna get to the point where If I'm on some ecomm site and I'm like, am I a large or a medium? I don't really know. I'm gonna be able to click a button. It's gonna turn turn on my camera, and it's just gonna scan my body and be like,

But but we're getting to that point where you could just take a picture and it knows the calorie count. Well, I think we're also gonna get to the point where If I'm on some ecomm site and I'm like, am I a large or a medium? I don't really know. I'm gonna be able to click a button. It's gonna turn turn on my camera, and it's just gonna scan my body and be like,

14:05

You're an extra large. I hate to break it to you. And, like, you know, that's what's gonna happen here. You're six one, like, two hundred pounds. You don't wear mediums.

You're an extra large. I hate to break it to you. And, like, you know, that's what's gonna happen here. You're six one, like, two hundred pounds. You don't wear mediums.

14:13

In the Metiverse, I could be any size I want, Sam. Alright? I might be a small to medium. I might be a medium.

In the Metiverse, I could be any size I want, Sam. Alright? I might be a small to medium. I might be a medium.

14:20

But you get what I'm saying. Like, I think that this is all gonna become like, oh, your phone could just do that now. You don't need to wear this haptic bodysuit from Zozofit. Like, that's where this is definitely going. If I was, like, a really smart team that was, like, good with, like, a computer vision and that sort of thing, I would do something like this because It might not even work for the first year, but, like, two years from now, it should be able to work really well. And then that is a thing you could sell to every ecomm site in the world. Because every ecom site wants lower returns.

But you get what I'm saying. Like, I think that this is all gonna become like, oh, your phone could just do that now. You don't need to wear this haptic bodysuit from Zozofit. Like, that's where this is definitely going. If I was, like, a really smart team that was, like, good with, like, a computer vision and that sort of thing, I would do something like this because It might not even work for the first year, but, like, two years from now, it should be able to work really well. And then that is a thing you could sell to every ecomm site in the world. Because every ecom site wants lower returns.

14:49

Every every apparel, every fashion brand wants lower returns, the way they can do that is by getting the perfect fit for people.

Every every apparel, every fashion brand wants lower returns, the way they can do that is by getting the perfect fit for people.

14:55

What's, do you wanna talk about rewind or the Clive Clavio thing? Yeah. Oh, one last thing on the Facebook thing. I think But here's my random prediction. In ten to fifteen years, Facebook is gonna be Facebook, the, like, meta is gonna own the largest work platform.

What's, do you wanna talk about rewind or the Clive Clavio thing? Yeah. Oh, one last thing on the Facebook thing. I think But here's my random prediction. In ten to fifteen years, Facebook is gonna be Facebook, the, like, meta is gonna own the largest work platform.

15:11

So I think that they're gonna be the the zoom, the whatever because

So I think that they're gonna be the the zoom, the whatever because

15:15

this experience where it looks like you could feel like you're in the same room as a person and you could pull up, you know, power points together. You do all that stuff without, like, video conferencing.

this experience where it looks like you could feel like you're in the same room as a person and you could pull up, you know, power points together. You do all that stuff without, like, video conferencing.

15:24

I think that's,

I think that's,

15:25

whoever does that right is gonna take over the the the work call space

whoever does that right is gonna take over the the the work call space

15:30

And

And

15:31

I don't see who could do it better than Facebook at this point because they have such a lead as far as the tech goes. So I think We'll look back. We'll tell our kids. Yeah. Facebook back a little used to be about sharing,

I don't see who could do it better than Facebook at this point because they have such a lead as far as the tech goes. So I think We'll look back. We'll tell our kids. Yeah. Facebook back a little used to be about sharing,

15:41

you know, photos of your of yourself at parties from college. And they'll be like, what? The thing I use for work every day? It's like, yeah. That's that's the difference. I think ten years is gonna be like that. I have some cash. Sitting sitting around that I was gonna use to pay taxes. Should I just, Let's mark. Hold that for you.

you know, photos of your of yourself at parties from college. And they'll be like, what? The thing I use for work every day? It's like, yeah. That's that's the difference. I think ten years is gonna be like that. I have some cash. Sitting sitting around that I was gonna use to pay taxes. Should I just, Let's mark. Hold that for you.

15:58

Yeah. Should

Yeah. Should

15:59

should

should

16:00

should beg Zuckerberg,

should beg Zuckerberg,

16:03

keep an eye on my money for me. Exactly.

keep an eye on my money for me. Exactly.

16:05

You're holding his money.

You're holding his money.

16:07

Alright. So now rewind. So did you see this, thing that came out? It was pretty controversial.

Alright. So now rewind. So did you see this, thing that came out? It was pretty controversial.

16:12

The there's a guy or there's two companies that came out with this at the same day. Which is, we'll just say rewind because that's, like, the one I remember the name of.

The there's a guy or there's two companies that came out with this at the same day. Which is, we'll just say rewind because that's, like, the one I remember the name of.

16:21

It's this pendant you wear. So it's like a necklace.

It's this pendant you wear. So it's like a necklace.

16:24

It's like, you know, the Angelina Jolie necklace where the she, like, was wearing the blood of, like, a a small child in Africa or something. Yeah. I don't know what's going on, but, It was her it was worse. It was Billy Bob Thornton.

It's like, you know, the Angelina Jolie necklace where the she, like, was wearing the blood of, like, a a small child in Africa or something. Yeah. I don't know what's going on, but, It was her it was worse. It was Billy Bob Thornton.

16:35

It was

It was

16:36

what what's, like, the blood is the blood of Billy Bob Thornton just like motor oil?

what what's, like, the blood is the blood of Billy Bob Thornton just like motor oil?

16:42

Just sweat?

Just sweat?

16:44

So so there's this pendant that you wear now that basically

So so there's this pendant that you wear now that basically

16:48

I don't know if you saw this, but it can

I don't know if you saw this, but it can

16:50

while you're bringing, it's just gonna record everything. Everything you say, everything in that's said to you, it's gonna automatically transcribe that and then save it locally on your phone so that if you're ever wondering, like, what did that person say? Or what do my wife ask for groceries?

while you're bringing, it's just gonna record everything. Everything you say, everything in that's said to you, it's gonna automatically transcribe that and then save it locally on your phone so that if you're ever wondering, like, what did that person say? Or what do my wife ask for groceries?

17:06

Or Did that person incriminate themselves? You can now have that all transcribed in store for you on your phone.

Or Did that person incriminate themselves? You can now have that all transcribed in store for you on your phone.

17:12

And

And

17:13

Some people are like Did that guy reveal where the bodies are? Yeah.

Some people are like Did that guy reveal where the bodies are? Yeah.

17:18

Yeah. We found out if Adnan say he killed that girl or not. You know?

Yeah. We found out if Adnan say he killed that girl or not. You know?

17:23

He he wore the rewind pendant. He he was a really doctor.

He he wore the rewind pendant. He he was a really doctor.

17:27

So

So

17:28

There's this so a bunch of people were dunking on him on Twitter. I think he tweeted out, like, I don't know, seventeen hundred people bought the thing on day one, which is Not that much. Like, you know, it's like, you know, maybe that's, what is it? Seventeen hundred. It's like sixty bucks.

There's this so a bunch of people were dunking on him on Twitter. I think he tweeted out, like, I don't know, seventeen hundred people bought the thing on day one, which is Not that much. Like, you know, it's like, you know, maybe that's, what is it? Seventeen hundred. It's like sixty bucks.

17:41

A thing, a hundred grand of revenue. On day one. Not that good. Day one of his thing, not that good.

A thing, a hundred grand of revenue. On day one. Not that good. Day one of his thing, not that good.

17:47

And people the the tweet that went viral was like, oh, so we're just gonna just gonna be wearing a wire now? Like, oh, this is not we're just gonna walk around. We're gonna voluntarily just wear a wire.

And people the the tweet that went viral was like, oh, so we're just gonna just gonna be wearing a wire now? Like, oh, this is not we're just gonna walk around. We're gonna voluntarily just wear a wire.

17:59

Great tweet, I gotta say. At the same time, the answer is

Great tweet, I gotta say. At the same time, the answer is

18:03

yeah.

yeah.

18:04

Yeah. You you know what you also carry around? A GPS tracker with your location at all times. That also has a microphone on it. You know what you also do? You have a a camera device on you when you're in the bathroom, taking a shower, taking a shower. Like,

Yeah. You you know what you also carry around? A GPS tracker with your location at all times. That also has a microphone on it. You know what you also do? You have a a camera device on you when you're in the bathroom, taking a shower, taking a shower. Like,

18:17

we already have given up privacy everywhere.

we already have given up privacy everywhere.

18:21

And, the the the the line I used in my newsletter, I was like,

And, the the the the line I used in my newsletter, I was like,

18:26

you know, privacy is like vegetables,

you know, privacy is like vegetables,

18:28

and we give it up. We we'll happily give it up for just of the promise of a moment of pleasure or convenience.

and we give it up. We we'll happily give it up for just of the promise of a moment of pleasure or convenience.

18:34

Well, that because because that's the junk food. And like we just go for the junk food. That's the reality of the situation. Very few people will opt for vegetables when they have the option for junk food. And if this is tech, they can either save you time, give you entertainment.

Well, that because because that's the junk food. And like we just go for the junk food. That's the reality of the situation. Very few people will opt for vegetables when they have the option for junk food. And if this is tech, they can either save you time, give you entertainment.

18:47

You know, like, allow you to to be lazier in some way. People are gonna do that. I remember my family. Like, I had some family members that were like, oh, this vaccine is just for Bill Gates to track us. And I'm like,

You know, like, allow you to to be lazier in some way. People are gonna do that. I remember my family. Like, I had some family members that were like, oh, this vaccine is just for Bill Gates to track us. And I'm like,

19:00

Hey,

Hey,

19:01

Uncle Ron.

Uncle Ron.

19:02

Listen.

Listen.

19:03

He already tracks you. Like, you he already Uncle Ron, I track you with find my eyes. Yeah. I find my friends.

He already tracks you. Like, you he already Uncle Ron, I track you with find my eyes. Yeah. I find my friends.

19:10

I know where where you went all day today. You shared your your shared location with me. Like,

I know where where you went all day today. You shared your your shared location with me. Like,

19:16

you know, yeah, like, remember that twenty three meeting where we sent in our blood? Like, it's already being tracked. Okay? Like, you're all mister Gates already has everything he needs. So he doesn't need to do this.

you know, yeah, like, remember that twenty three meeting where we sent in our blood? Like, it's already being tracked. Okay? Like, you're all mister Gates already has everything he needs. So he doesn't need to do this.

19:29

Hey, Ron. He deleted your cookies anytime recently? Yeah. I forgot to delete my cookies.

Hey, Ron. He deleted your cookies anytime recently? Yeah. I forgot to delete my cookies.

19:34

Yeah. So, like, Bill Gates, he'd had what he needs. I will not be wearing this thing. Rewind. I don't wear any wearables because I don't wanna be I wanna be tracked less, and this shit just stresses me out.

Yeah. So, like, Bill Gates, he'd had what he needs. I will not be wearing this thing. Rewind. I don't wear any wearables because I don't wanna be I wanna be tracked less, and this shit just stresses me out.

19:45

That's surprising to me because I feel like you've done all of the, like,

That's surprising to me because I feel like you've done all of the, like,

19:48

blood testing, age testing,

blood testing, age testing,

19:51

inject inject random chemicals that some dude on Reddit said, you know, helped him feel stronger, inject that in your butt. Like, On what on one hand, you're willing.

inject inject random chemicals that some dude on Reddit said, you know, helped him feel stronger, inject that in your butt. Like, On what on one hand, you're willing.

20:01

I'm drug free at the moment. Well, at the moment is the key phrase there. So and by the way, it feels way less good.

I'm drug free at the moment. Well, at the moment is the key phrase there. So and by the way, it feels way less good.

20:10

Wait. I hate it.

Wait. I hate it.

20:12

Yeah.

Yeah.

20:13

It sucks. Why are you resistant to some of these trackers, but on other in other cases, your very intimate measurement and whatnot.

It sucks. Why are you resistant to some of these trackers, but on other in other cases, your very intimate measurement and whatnot.

20:19

One, I am kind of, like, going to the, like, more pure, whereas, like, less is I don't want I don't want drugs. I don't want my cell phone. I like, when I go out, most of the times I don't break a phone.

One, I am kind of, like, going to the, like, more pure, whereas, like, less is I don't want I don't want drugs. I don't want my cell phone. I like, when I go out, most of the times I don't break a phone.

20:29

So I don't like having my phone on me. Yeah. Like, when I go out, I won't break a phone. I have tesla so I could use the directions on my,

So I don't like having my phone on me. Yeah. Like, when I go out, I won't break a phone. I have tesla so I could use the directions on my,

20:36

on my car. And so, like, if I go out, like, I wanted to eat last night, I don't bring a phone.

on my car. And so, like, if I go out, like, I wanted to eat last night, I don't bring a phone.

20:41

What? Is that weird? Yeah. That's very weird. I I don't I I won't bring it. So I I just don't bring it. On it. What happens if somebody calls you? What happens if, you get bored for three seconds and you need entertainment? What do you do? I I don't I I I just don't break a phone. Most places, I don't break a phone. So, like, if I'm going out on the day for the day on Saturday, I won't have up my phone with me.

What? Is that weird? Yeah. That's very weird. I I don't I I won't bring it. So I I just don't bring it. On it. What happens if somebody calls you? What happens if, you get bored for three seconds and you need entertainment? What do you do? I I don't I I I just don't break a phone. Most places, I don't break a phone. So, like, if I'm going out on the day for the day on Saturday, I won't have up my phone with me.

21:03

Okay, mister. I'm better than everybody.

Okay, mister. I'm better than everybody.

21:09

So you're saying about metallolas. What were you saying? No. I, yeah. So I I just have gone

So you're saying about metallolas. What were you saying? No. I, yeah. So I I just have gone

21:14

like, so I used to have a whoop. I had an Apple Watch. I the only trackable thing I use is Eight Sleep, and I only use that because it makes my bed cold. But I don't even, like, track any of that. So I don't track anything. I do do the blood work stuff because that's just a fun hobby, but,

like, so I used to have a whoop. I had an Apple Watch. I the only trackable thing I use is Eight Sleep, and I only use that because it makes my bed cold. But I don't even, like, track any of that. So I don't track anything. I do do the blood work stuff because that's just a fun hobby, but,

21:28

I don't yeah. My hobby's, like, pain. I like getting the poached with needles.

I don't yeah. My hobby's, like, pain. I like getting the poached with needles.

21:33

But, yeah, I I don't do any of that stuff. Do you track yourself? Like, do you I I I like whoop. I just don't wanna track any of that shit. I don't care. I'm not, I'm not a huge truck. I actually just bought this earring because I I wanted to test my before getting the the surgery for my deviated septum and after. I wanted to see if my sleep improved or not. But, normally, I'm not a big tracker. But, yeah, I do take my phone, please. Yeah. No. I don't track any of that stuff. So I'm not gonna be buying this thing. Are you?

But, yeah, I I don't do any of that stuff. Do you track yourself? Like, do you I I I like whoop. I just don't wanna track any of that shit. I don't care. I'm not, I'm not a huge truck. I actually just bought this earring because I I wanted to test my before getting the the surgery for my deviated septum and after. I wanted to see if my sleep improved or not. But, normally, I'm not a big tracker. But, yeah, I do take my phone, please. Yeah. No. I don't track any of that stuff. So I'm not gonna be buying this thing. Are you?

21:59

I'm not gonna buy this thing, but I do if I can, it's sort of inevitable. Like, I think if you just track forward in the future,

I'm not gonna buy this thing, but I do if I can, it's sort of inevitable. Like, I think if you just track forward in the future,

22:06

we're gonna have we're gonna wear a device on us that's a camera and a, and a microphone.

we're gonna have we're gonna wear a device on us that's a camera and a, and a microphone.

22:12

And we're just gonna, like, which actually brings me to the second Facebook announcement. Did you see the glasses that they that they had, the

And we're just gonna, like, which actually brings me to the second Facebook announcement. Did you see the glasses that they that they had, the

22:19

the new Rayban things?

the new Rayban things?

22:21

It's an output. Let me pull I had v one of this, and I've had the spectacles. I've had this. None of them have quite stuck yet.

It's an output. Let me pull I had v one of this, and I've had the spectacles. I've had this. None of them have quite stuck yet.

22:29

But it is kind of amazing. It is kind of amazing. The demo is really cool. He's like, watch this. Like, I can basically live stream

But it is kind of amazing. It is kind of amazing. The demo is really cool. He's like, watch this. Like, I can basically live stream

22:36

you know, just hands free. Like, if I'm at something cool or whatever, I wanna share this on my Instagram or share this with my friends,

you know, just hands free. Like, if I'm at something cool or whatever, I wanna share this on my Instagram or share this with my friends,

22:42

I can just, push this button on my glasses and it's a camera that's gonna capture this. Or if I park. Like, there's a big one for me. I'm at the park with my kids. There's so many of these great moments. And just literally, it sounds stupid. It sounds like, petty. But, like, the time it takes to, like, get your phone out of your pocket, unlock your phone, get to the camera app, and do it. The moment is gone. And so,

I can just, push this button on my glasses and it's a camera that's gonna capture this. Or if I park. Like, there's a big one for me. I'm at the park with my kids. There's so many of these great moments. And just literally, it sounds stupid. It sounds like, petty. But, like, the time it takes to, like, get your phone out of your pocket, unlock your phone, get to the camera app, and do it. The moment is gone. And so,

23:01

I had these things that these ray bans that Facebook made that, like, you know, while I'm working out or while I'm with my kids at the park or whatever,

I had these things that these ray bans that Facebook made that, like, you know, while I'm working out or while I'm with my kids at the park or whatever,

23:08

I can just quickly just, like, record anything on the fly and it just grabs the next fifteen seconds, it saves it to my phone personally. And then if I wanted to share that, I could.

I can just quickly just, like, record anything on the fly and it just grabs the next fifteen seconds, it saves it to my phone personally. And then if I wanted to share that, I could.

23:16

And the video turns out really cool. It's like first person view. So I definitely am excited about this. I think this is a another, like, one of these breakthroughs that I'm waiting for. I'm actually less interested in the, like,

And the video turns out really cool. It's like first person view. So I definitely am excited about this. I think this is a another, like, one of these breakthroughs that I'm waiting for. I'm actually less interested in the, like,

23:27

glasses that, like, show your email to your eyeballs. I don't really hear so much about that, but a camera that's an always on camera.

glasses that, like, show your email to your eyeballs. I don't really hear so much about that, but a camera that's an always on camera.

23:34

I think it's really cool to be able to share a cool moment. Of course, there's like the privacy concerns or whatever, but I think it's gonna happen. And, is it weird that I I trust I kinda trust Facebook privacy wise?

I think it's really cool to be able to share a cool moment. Of course, there's like the privacy concerns or whatever, but I think it's gonna happen. And, is it weird that I I trust I kinda trust Facebook privacy wise?

23:44

Is that do you? Well, you know what it is. It's kinda like that family member that, like, actually has, like,

Is that do you? Well, you know what it is. It's kinda like that family member that, like, actually has, like,

23:50

you know, they've done some shit.

you know, they've done some shit.

23:52

But there are, like, I've known him for thirty two years now. Like, you know, like, I guess I just kinda default to him. You know, like, at the end of the day, if I'm leaving my keys to somebody, the one I've known for thirty years versus, you know, even though they've they've gotten into some some sticky spots, but, like, I feel like it's a known evil. Versus an unknown evil in that sense.

But there are, like, I've known him for thirty two years now. Like, you know, like, I guess I just kinda default to him. You know, like, at the end of the day, if I'm leaving my keys to somebody, the one I've known for thirty years versus, you know, even though they've they've gotten into some some sticky spots, but, like, I feel like it's a known evil. Versus an unknown evil in that sense.

24:11

Yeah. I kind of trust him for some reason. I I definitely trust him. By the way, people in the comments gonna hate this because There's still a huge population of people that are like hate Zuck, hate Facebook, and hate that we we love we we say we trust Facebook. That's like Blashivists to a lot of people. Anyways, let's move on. Alright. Listen. So, here, let me let me bring up this topic, and I wanna hear about your experience with this. So two companies went public in the last couple weeks. You probably big fans of both of them. I think you're more fans of one of them. What's it called? Clavio, Clavio? Yeah.

Yeah. I kind of trust him for some reason. I I definitely trust him. By the way, people in the comments gonna hate this because There's still a huge population of people that are like hate Zuck, hate Facebook, and hate that we we love we we say we trust Facebook. That's like Blashivists to a lot of people. Anyways, let's move on. Alright. Listen. So, here, let me let me bring up this topic, and I wanna hear about your experience with this. So two companies went public in the last couple weeks. You probably big fans of both of them. I think you're more fans of one of them. What's it called? Clavio, Clavio? Yeah.

24:42

I don't know what you're saying. I call it Klaviyo.

I don't know what you're saying. I call it Klaviyo.

24:45

I think it's Klaviyo. So Klaviyo, it's sort of like,

I think it's Klaviyo. So Klaviyo, it's sort of like,

24:49

it does everything. It's email, software, but mostly for Shopify folks. Right? E commerce. Yeah. So if you wanna send emails, you know, oh, you know, your order is confirmed or things like

it does everything. It's email, software, but mostly for Shopify folks. Right? E commerce. Yeah. So if you wanna send emails, you know, oh, you know, your order is confirmed or things like

24:59

after somebody comes to my site and I grab their email address, email them every day until they purchase for the rest of their life, you know, that sort of thing. They went public. Let me see what their market cap is today. They went public. Right now their market cap is, eight or nine billion. The founder when it went public, he owned roughly forty percent of the company still Wow. Which is amazing.

after somebody comes to my site and I grab their email address, email them every day until they purchase for the rest of their life, you know, that sort of thing. They went public. Let me see what their market cap is today. They went public. Right now their market cap is, eight or nine billion. The founder when it went public, he owned roughly forty percent of the company still Wow. Which is amazing.

25:19

Another company went public. This guy,

Another company went public. This guy,

25:22

started what what's the guy's name? Start Instacart? You know?

started what what's the guy's name? Start Instacart? You know?

25:25

I bet you've had Brian with him. Indian guy approvea, I think. He, seemed like a great guy went public. He only owned ten percent about of the business.

I bet you've had Brian with him. Indian guy approvea, I think. He, seemed like a great guy went public. He only owned ten percent about of the business.

25:34

And what's crazy is I tell people that

And what's crazy is I tell people that

25:37

I tell people that

I tell people that

25:39

your cap table, I think, is the one thing in your company that is irreversible for mistakes. Besides that, most every mistake that you make most mistakes, and all, most mistakes you can reverse or you can fix. Cap table, the one thing you can't fix. And what's crazy is when I was starting, a few of my companies, I remember, like, wanting to raise money and I'm, like, oh, what's ten percent here? What's ten percent there? I'll just make my employee pool. You know what? Most people only make it ten percent. We're gonna make it eighteen percent. We're gonna go big. If we if I if the company succeeds, everyone should succeed. Like, would do these, like, I was really loosey goosey with equity, and that's one of those things now where I look at people. It's like when people tell me, like, oh, you gotta sign this NDA before I tell you my idea. It's like, oh, that's silly. I'm not that that just shows me proof that you don't know what you're doing. Right. But with with equity, it's actually one of the very few things that's really, really important

your cap table, I think, is the one thing in your company that is irreversible for mistakes. Besides that, most every mistake that you make most mistakes, and all, most mistakes you can reverse or you can fix. Cap table, the one thing you can't fix. And what's crazy is when I was starting, a few of my companies, I remember, like, wanting to raise money and I'm, like, oh, what's ten percent here? What's ten percent there? I'll just make my employee pool. You know what? Most people only make it ten percent. We're gonna make it eighteen percent. We're gonna go big. If we if I if the company succeeds, everyone should succeed. Like, would do these, like, I was really loosey goosey with equity, and that's one of those things now where I look at people. It's like when people tell me, like, oh, you gotta sign this NDA before I tell you my idea. It's like, oh, that's silly. I'm not that that just shows me proof that you don't know what you're doing. Right. But with with equity, it's actually one of the very few things that's really, really important

26:28

And so the difference between these two,

And so the difference between these two,

26:32

these two cap tables, the difference between ten percent and forty percent, we're talking like five billion dollars,

these two cap tables, the difference between ten percent and forty percent, we're talking like five billion dollars,

26:39

which is Yeah. But just a huge I don't know if it, like, how much of that is it's a mistake versus

which is Yeah. But just a huge I don't know if it, like, how much of that is it's a mistake versus

26:45

One is a capital intensive

One is a capital intensive

26:47

startup and one is software that's not as capital intensive.

startup and one is software that's not as capital intensive.

26:51

Well, both. I think both. So instacart is

Well, both. I think both. So instacart is

26:55

I guess that would be capital intensive. Maybe I actually don't know where that would be. Maybe

I guess that would be capital intensive. Maybe I actually don't know where that would be. Maybe

27:00

maybe middle ground.

maybe middle ground.

27:02

Of capital intensive, whereas Klaviyo,

Of capital intensive, whereas Klaviyo,

27:04

you actually could argue it's also middle because you have to hire lots of engineers, but maybe not.

you actually could argue it's also middle because you have to hire lots of engineers, but maybe not.

27:09

But my point being is

But my point being is

27:11

I actually think that people are too

I actually think that people are too

27:14

willy nilly with their equity early on.

willy nilly with their equity early on.

27:17

Right. And I made that mistake at my first company.

Right. And I made that mistake at my first company.

27:20

And it's a horrible, horrible mistake, one that you cannot recover from.

And it's a horrible, horrible mistake, one that you cannot recover from.

27:24

And there's so many examples. I know a guy who sold this company for three billion dollars,

And there's so many examples. I know a guy who sold this company for three billion dollars,

27:28

Or sorry. For one billion dollars, he sold it for nine hundred and ninety nine hundred and eighty million dollars. He made three million bucks from it.

Or sorry. For one billion dollars, he sold it for nine hundred and ninety nine hundred and eighty million dollars. He made three million bucks from it.

27:37

I swear to god. It was because he's like, we have four co founders. We got we raised a lot of money. I gave so much equity to employees. It was insane. He's like, I lost my share certificates. I just don't know where I put them. Like,

I swear to god. It was because he's like, we have four co founders. We got we raised a lot of money. I gave so much equity to employees. It was insane. He's like, I lost my share certificates. I just don't know where I put them. Like,

27:51

what's happening? How's it possible?

what's happening? How's it possible?

27:53

Have you heard the story of how, Instacart got into YC?

Have you heard the story of how, Instacart got into YC?

27:57

No? Oh, is that where they went and bought literally every

No? Oh, is that where they went and bought literally every

28:00

grocerie ever at Peter Joe's? No. I I think that might be a different story. That's also probably a good one. But, basically, the story is like they,

grocerie ever at Peter Joe's? No. I I think that might be a different story. That's also probably a good one. But, basically, the story is like they,

28:09

I think they were, like, they were trying to apply late.

I think they were, like, they were trying to apply late.

28:13

And,

And,

28:15

and, basically, they were like, you know, we

and, basically, they were like, you know, we

28:17

they they were trying to get a introduction.

they they were trying to get a introduction.

28:20

All the YC partners were like, nah, sorry. It's too late to to get this batch. You get to the next one.

All the YC partners were like, nah, sorry. It's too late to to get this batch. You get to the next one.

28:26

Garry Tan, who's now the current president of vice president. He was like, you know, you could submit a late application, but it'll be nearly impossible to get you in. And they're like,

Garry Tan, who's now the current president of vice president. He was like, you know, you could submit a late application, but it'll be nearly impossible to get you in. And they're like,

28:33

So you're saying there's a chance. Like, they they read nearly impossible as possible.

So you're saying there's a chance. Like, they they read nearly impossible as possible.

28:40

Yeah. Right? Because technically it's true. And,

Yeah. Right? Because technically it's true. And,

28:43

then they put together the application, they get the reply the next day?

then they put together the application, they get the reply the next day?

28:47

No. And so they get rejected. He's like, okay.

No. And so they get rejected. He's like, okay.

28:51

Is it come up with this? And so he goes he opens up his the InstaAR app, and he buys a six a six pack of beer, and he put sends it to the, YC headquarters for Gary Tan. And, he tells the driver, hey, this is important one. Like, text me when you know it's done.

Is it come up with this? And so he goes he opens up his the InstaAR app, and he buys a six a six pack of beer, and he put sends it to the, YC headquarters for Gary Tan. And, he tells the driver, hey, this is important one. Like, text me when you know it's done.

29:07

Then Gary, Gary Tan likes calls and was like, hey, what is this? And he goes, this is the thing I was applying with. This is Instacart.

Then Gary, Gary Tan likes calls and was like, hey, what is this? And he goes, this is the thing I was applying with. This is Instacart.

29:14

I just went on my phone, and I ordered you groceries. I ordered you a six pack of beer, and one of our delivery guys dropped it off. And it's the same thing that Jesse Eitzer was saying the other day where he was like, the difference between

I just went on my phone, and I ordered you groceries. I ordered you a six pack of beer, and one of our delivery guys dropped it off. And it's the same thing that Jesse Eitzer was saying the other day where he was like, the difference between

29:26

a pitch and a presentation. Like, the difference between the paper pitch versus getting someone to feel the experience,

a pitch and a presentation. Like, the difference between the paper pitch versus getting someone to feel the experience,

29:33

It's that same thing. And so Gary then emails the partners, and he's like, at that point, I think that they called him back, and they're like, hey. I can't believe we're doing this. Never let anyone end this late, but if you're interested, we'd like to have you. And for YC,

It's that same thing. And so Gary then emails the partners, and he's like, at that point, I think that they called him back, and they're like, hey. I can't believe we're doing this. Never let anyone end this late, but if you're interested, we'd like to have you. And for YC,

29:44

that means YC owns seven percent of this own seven percent of this company that ended up being worth, you know, six billion dollars that one

that means YC owns seven percent of this own seven percent of this company that ended up being worth, you know, six billion dollars that one

29:51

that one decision, which is also goes to show the power of brand. Right? Like, YC was not trying they weren't it's not like they hunted down Instacart and had the genius whatever.

that one decision, which is also goes to show the power of brand. Right? Like, YC was not trying they weren't it's not like they hunted down Instacart and had the genius whatever.

30:01

It's that the founders wanted that YC stamp that brand so badly.

It's that the founders wanted that YC stamp that brand so badly.

30:06

That they were willing

That they were willing

30:07

to, like, jump through hoops, push through a no to get to a yes, and YC gets to make hundreds of millions of dollars off of it. That's the power of having a brand that people recognize and care about and feel like it's gonna help their odds of success. Yeah, man. Those guys have killed it. And then Paul Graham just eft off and lives in England down the woods, writing poetry and playing frisbee with his kids. Yeah. He he booked the win, which nobody does. He's like, cool.

to, like, jump through hoops, push through a no to get to a yes, and YC gets to make hundreds of millions of dollars off of it. That's the power of having a brand that people recognize and care about and feel like it's gonna help their odds of success. Yeah, man. Those guys have killed it. And then Paul Graham just eft off and lives in England down the woods, writing poetry and playing frisbee with his kids. Yeah. He he booked the win, which nobody does. He's like, cool.

30:31

I'm out of the race now. I'm gonna go enjoy my life.

I'm out of the race now. I'm gonna go enjoy my life.

30:36

Not allowed.

Not allowed.

30:41

Our software is the worst. Have you heard of HubSpot?

Our software is the worst. Have you heard of HubSpot?

30:44

See, most CRMs are a cobbled together mess, but HubSpot is easy to adopt and actually looks gorgeous. I think I love our new CRM. Our software is the best. HubSpot, grow better. Well,

See, most CRMs are a cobbled together mess, but HubSpot is easy to adopt and actually looks gorgeous. I think I love our new CRM. Our software is the best. HubSpot, grow better. Well,

30:57

which one do you wanna do? Yeah. Okay. So I don't even know really

which one do you wanna do? Yeah. Okay. So I don't even know really

31:01

why this fascinates me, but it does.

why this fascinates me, but it does.

31:03

So

So

31:05

This is a little primer for this.

This is a little primer for this.

31:07

Do you know what the Indian Hollywood is called?

Do you know what the Indian Hollywood is called?

31:10

Bollywood. Bollywood. Correct.

Bollywood. Bollywood. Correct.

31:12

You know, that's the hundred dollar question. Okay. Here's the two hundred dollar question.

You know, that's the hundred dollar question. Okay. Here's the two hundred dollar question.

31:16

Do you know that in do you know that Bollywood is the second biggest like, kinda movie industry in the world. Yes. Okay. Good. There you go. That's a freebie.

Do you know that in do you know that Bollywood is the second biggest like, kinda movie industry in the world. Yes. Okay. Good. There you go. That's a freebie.

31:25

Now what you don't know, what you probably don't know is that the that Bollywood famous people the the famous people in Bollywood are, like, the are the most famous people on earth. Aren't they? It's like George Clooney times ten, whereas Exactly. So, like, Charcom or I'm with a bunch of these guys are, like, gods. Meaning, meaning, If they get the flu, they get sick. There's thousands of people standing outside their building with candles, like, being like, take my health,

Now what you don't know, what you probably don't know is that the that Bollywood famous people the the famous people in Bollywood are, like, the are the most famous people on earth. Aren't they? It's like George Clooney times ten, whereas Exactly. So, like, Charcom or I'm with a bunch of these guys are, like, gods. Meaning, meaning, If they get the flu, they get sick. There's thousands of people standing outside their building with candles, like, being like, take my health,

31:47

like, you know, you can't die. And the reason why is that the stars in India, it's not like so it's not like George Clooney. So George Clooney will come on to the scene in his twenties, but he hasn't really made it yet. There's thirties. He becomes a star. And by his forties, he's kind of on the way out. He plays a couple roles of old guys he's done.

like, you know, you can't die. And the reason why is that the stars in India, it's not like so it's not like George Clooney. So George Clooney will come on to the scene in his twenties, but he hasn't really made it yet. There's thirties. He becomes a star. And by his forties, he's kind of on the way out. He plays a couple roles of old guys he's done.

32:04

These guys in India that's, like, you get picked when you're twenty. They're, like, you're the star. And the movie is gonna make you look like James Bond. Like, you're you're only cool

These guys in India that's, like, you get picked when you're twenty. They're, like, you're the star. And the movie is gonna make you look like James Bond. Like, you're you're only cool

32:12

Everybody loves you, and you're the best. And that's the role. And then people watch that movie, like, this guy's the best. Then

Everybody loves you, and you're the best. And that's the role. And then people watch that movie, like, this guy's the best. Then

32:19

That same guy will be the hero in movies for the next thirty to forty years. Got it. Like, he'll be fifty and he'll be, like,

That same guy will be the hero in movies for the next thirty to forty years. Got it. Like, he'll be fifty and he'll be, like,

32:27

He's the big man on campus at college. And it's like, what? This guy's fifty. And he's playing that role type of thing. And and, like, you know, But the girl in the movie will be in her twenties, and he'll be in his forties or fifties, but he's like the the hero, the stud. And so And I don't don't movies even have intermissions. Aren't they, like, three hour long movies? Yeah. Yeah. There's a halftime where you go and, like, eat.

He's the big man on campus at college. And it's like, what? This guy's fifty. And he's playing that role type of thing. And and, like, you know, But the girl in the movie will be in her twenties, and he'll be in his forties or fifties, but he's like the the hero, the stud. And so And I don't don't movies even have intermissions. Aren't they, like, three hour long movies? Yeah. Yeah. There's a halftime where you go and, like, eat.

32:47

It's pretty great. Honestly, that's a that's something that every movie should do. The other thing about movies in India, all music in India comes from the movies. So every movie is a musical.

It's pretty great. Honestly, that's a that's something that every movie should do. The other thing about movies in India, all music in India comes from the movies. So every movie is a musical.

32:57

That's weird. And then every mute every every song

That's weird. And then every mute every every song

33:01

comes from a movie. So,

comes from a movie. So,

33:03

like, there's no, like, hit song that's not in the movies. It's, like, all one pie. Right? So it's like the center of culture. Okay. So why does that matter? Why am I telling you all about this? Well, because one thing has really changed.

like, there's no, like, hit song that's not in the movies. It's, like, all one pie. Right? So it's like the center of culture. Okay. So why does that matter? Why am I telling you all about this? Well, because one thing has really changed.

33:15

And once I realized that, I was like, if that changed, that's gonna cause a whole bunch of other changes. And here's the change.

And once I realized that, I was like, if that changed, that's gonna cause a whole bunch of other changes. And here's the change.

33:22

So most of these Indian stars that I'm talking about, when they were in their twenties, in their thirties,

So most of these Indian stars that I'm talking about, when they were in their twenties, in their thirties,

33:27

they looked like your boy. Their body was a little,

they looked like your boy. Their body was a little,

33:31

a little round. It was it was a little soft. It was a normal person's body. And all of a sudden, these guys turned fifty.

a little round. It was it was a little soft. It was a normal person's body. And all of a sudden, these guys turned fifty.

33:39

And they're now absolutely shredded.

And they're now absolutely shredded.

33:42

Every Jack City. Jack City. Every single movie star now? Like, this guy ran veers Singh. So, basically, they're all jacked. And they all went from normal looking people, normal humans,

Every Jack City. Jack City. Every single movie star now? Like, this guy ran veers Singh. So, basically, they're all jacked. And they all went from normal looking people, normal humans,

33:52

to fifty five year olds with twelve packs.

to fifty five year olds with twelve packs.

33:56

And

And

33:57

the so if you think about that, you're like, okay. Whatever. Who cares? These guys discovered, like, testosterone and HDH and, like, dieting and working out. Cool.

the so if you think about that, you're like, okay. Whatever. Who cares? These guys discovered, like, testosterone and HDH and, like, dieting and working out. Cool.

34:05

But there's, like, the carry on effect. Again, these guys are gods. They're heroes in India. So now I met up with this, Sony has a, has a cousin who's like an India. This guy's twelve years old. The last time he came to visit America,

But there's, like, the carry on effect. Again, these guys are gods. They're heroes in India. So now I met up with this, Sony has a, has a cousin who's like an India. This guy's twelve years old. The last time he came to visit America,

34:17

all he cared about was, like,

all he cared about was, like,

34:19

video games? Because he's, like, oh, I love playing video games. Video games are amazing, as any ten year old cares about. The second thing he cared about was, like, going to Target.

video games? Because he's, like, oh, I love playing video games. Video games are amazing, as any ten year old cares about. The second thing he cared about was, like, going to Target.

34:28

He's, like, oh, Walmart, can I go to Walmart? Can I go to Target? Cause he had seen, like, you know, mister Beast giving away ten thousand dollars at a at a Walmart. He's like, oh my god. I can't wait to go. That's my Dude thing looks like wolverine.

He's, like, oh, Walmart, can I go to Walmart? Can I go to Target? Cause he had seen, like, you know, mister Beast giving away ten thousand dollars at a at a Walmart. He's like, oh my god. I can't wait to go. That's my Dude thing looks like wolverine.

34:40

Yeah. Exactly. And if you go look at this guy, like, five years ago or seven years ago, when he's, like, got his, you know, ten years ago, when he got his break in movies, like, did not look anything like this. So anyways,

Yeah. Exactly. And if you go look at this guy, like, five years ago or seven years ago, when he's, like, got his, you know, ten years ago, when he got his break in movies, like, did not look anything like this. So anyways,

34:50

now the guy came to visit, and I was like, so, like, what's your favorite video game now? You wanna go to Walmart, buddy? And he's like, no. You have a gym. And I was like, yeah. But, like, you're a kid. What do you mean? And he's like, he started going to the gym twice a day at my house.

now the guy came to visit, and I was like, so, like, what's your favorite video game now? You wanna go to Walmart, buddy? And he's like, no. You have a gym. And I was like, yeah. But, like, you're a kid. What do you mean? And he's like, he started going to the gym twice a day at my house.

35:03

And all he wanted to talk about was a gym, and I was like,

And all he wanted to talk about was a gym, and I was like,

35:07

I was like, oh, of course, like, all of the movie stars got shredded That became the new male ideal standard.

I was like, oh, of course, like, all of the movie stars got shredded That became the new male ideal standard.

35:14

And so, of course, now everybody there is on, like, a fitness kick,

And so, of course, now everybody there is on, like, a fitness kick,

35:18

which made me think

which made me think

35:20

Who's making protein powder in India? And so I went deep on this, and I started looking up. I was, like, if if fitness is now the thing, if getting shredded is now the thing, the whole supplements

Who's making protein powder in India? And so I went deep on this, and I started looking up. I was, like, if if fitness is now the thing, if getting shredded is now the thing, the whole supplements

35:30

and fitness industry that we have here

and fitness industry that we have here

35:33

is gonna translate over there. It's gonna be rebuilt overnight,

is gonna translate over there. It's gonna be rebuilt overnight,

35:36

and it's gonna be ten times bigger. And India doesn't seem like a supplement. They don't seem like they don't seem like a supplement culture

and it's gonna be ten times bigger. And India doesn't seem like a supplement. They don't seem like they don't seem like a supplement culture

35:43

as of now. Until these guys. If you go look at these guys' Instagram profile and they're like, This is the my favorite peanut butter. I could eat that other peanut butter and get fat. But if I eat this peanut butter, I get fit. Sure enough that they're selling like hotcakes. I ordered some from India. I just arrived in, like, a giant styrofoam container.

as of now. Until these guys. If you go look at these guys' Instagram profile and they're like, This is the my favorite peanut butter. I could eat that other peanut butter and get fat. But if I eat this peanut butter, I get fit. Sure enough that they're selling like hotcakes. I ordered some from India. I just arrived in, like, a giant styrofoam container.

36:00

And I was like and so now you see that whole industry blowing up. And I I would love to a little bit far away from it. Right? Like, I'm not, like, in the scene, so it's hard for me to participate. But I'm looking I'm on the hunt for

And I was like and so now you see that whole industry blowing up. And I I would love to a little bit far away from it. Right? Like, I'm not, like, in the scene, so it's hard for me to participate. But I'm looking I'm on the hunt for

36:12

finding the right investment that is in the Indian fitness scene because

finding the right investment that is in the Indian fitness scene because

36:17

it is a necessary consequence of the movie stars getting shredded. Anyways, that's my And Indian food is if you had to make a ranking of

it is a necessary consequence of the movie stars getting shredded. Anyways, that's my And Indian food is if you had to make a ranking of

36:26

cuisine Of one of the diabetes

cuisine Of one of the diabetes

36:28

of, like, cuisine that's set up to make you look amazing naked,

of, like, cuisine that's set up to make you look amazing naked,

36:34

Indian food would not be at the top of that list. You know, like, maybe Mexican food. Like avocados,

Indian food would not be at the top of that list. You know, like, maybe Mexican food. Like avocados,

36:39

meat, rice, Alright. Great. You've heard about the Mediterranean diet. You've never heard about the Hollywood diet.

meat, rice, Alright. Great. You've heard about the Mediterranean diet. You've never heard about the Hollywood diet.

36:45

Where's, like, the fried cheese and coconut milk diet. You know what I mean? Like, it's not exactly set up to, like, you know, like, what is it non and ghee? Is that is that?

Where's, like, the fried cheese and coconut milk diet. You know what I mean? Like, it's not exactly set up to, like, you know, like, what is it non and ghee? Is that is that?

36:56

Bread, butter, rice,

Bread, butter, rice,

36:58

curry, and fried cheese. Like, it's not it's not entirely set up to make you look good in the nude. So that's good. The Indian's,

curry, and fried cheese. Like, it's not it's not entirely set up to make you look good in the nude. So that's good. The Indian's,

37:06

maybe now they're gonna understand macros, and they're gonna stand the the need for protein. Exactly. And I went and I looked up The Indian fitness influencers on Instagram, because I was like, oh, there's gonna be fitness influencers who are they? These guys have, like, twelve million, twenty million followers.

maybe now they're gonna understand macros, and they're gonna stand the the need for protein. Exactly. And I went and I looked up The Indian fitness influencers on Instagram, because I was like, oh, there's gonna be fitness influencers who are they? These guys have, like, twelve million, twenty million followers.

37:20

Whereas, like, the same person in the US market will have, like, eight hundred thousand to a million or two million just because there's so many more people And people in India are, like, absolutely addicted to the Facebook ecosystem of apps. Like, WhatsApp is everything.

Whereas, like, the same person in the US market will have, like, eight hundred thousand to a million or two million just because there's so many more people And people in India are, like, absolutely addicted to the Facebook ecosystem of apps. Like, WhatsApp is everything.

37:34

The second best thing to WhatsApp

The second best thing to WhatsApp

37:35

Instagram,

Instagram,

37:36

you know, like, what's behind that? Facebook? And, like, that's just, like, that's the internet there. You know? And you know that you've had some success. India has had some success.

you know, like, what's behind that? Facebook? And, like, that's just, like, that's the internet there. You know? And you know that you've had some success. India has had some success.

37:44

Recently. The four by four, the four the four by four hundred meter dash with,

Recently. The four by four, the four the four by four hundred meter dash with,

37:48

India got, like, second or third at the world championships. The most recent goal Are you joking? Is that real? That's real. Because because we used to have, like, a, like, a archer or something like that. A shooter that was, like, the only guy who was even No.

India got, like, second or third at the world championships. The most recent goal Are you joking? Is that real? That's real. Because because we used to have, like, a, like, a archer or something like that. A shooter that was, like, the only guy who was even No.

38:03

The guy who won the Olympics and the world championships and the javelin Indian guy. Wow.

The guy who won the Olympics and the world championships and the javelin Indian guy. Wow.

38:08

And he looks great. He looks he looks like a he looks like a, like, you wanna look like him. He's been eating eating eating some of that protein peanut butter? No. The, Indians are doing good in track and field lately.

And he looks great. He looks he looks like a he looks like a, like, you wanna look like him. He's been eating eating eating some of that protein peanut butter? No. The, Indians are doing good in track and field lately.

38:18

And so it and by it, like, lately, I mean, like, last year, and it's, like, the only time an Indian has ever done half decent in track. Well, I mean, it's amazing. Really good. If you look at soccer, there's, like, no Indian players. You look at basketball. There's no Indian players. It's like not zero. It's crazy. I've never seen, like, a six foot eight Indian.

And so it and by it, like, lately, I mean, like, last year, and it's, like, the only time an Indian has ever done half decent in track. Well, I mean, it's amazing. Really good. If you look at soccer, there's, like, no Indian players. You look at basketball. There's no Indian players. It's like not zero. It's crazy. I've never seen, like, a six foot eight Indian.

38:35

No. They exist. Trust me. A billion people, you're gonna live the bell curve.

No. They exist. Trust me. A billion people, you're gonna live the bell curve.

38:39

It's like, when you have a billion people under the area of the bell curve, you're gonna you're gonna get people that are that are tall. There's one guy, actually. He's on the king's, like development team, simple, harry seven seven two or something like that. I've seen giants in ebb from every country. I don't remember seeing a a a six foot eight Indian guy with a thirty five inch verve. I've never seen that.

It's like, when you have a billion people under the area of the bell curve, you're gonna you're gonna get people that are that are tall. There's one guy, actually. He's on the king's, like development team, simple, harry seven seven two or something like that. I've seen giants in ebb from every country. I don't remember seeing a a a six foot eight Indian guy with a thirty five inch verve. I've never seen that.

39:00

You're correct. Speaking of Indian things, our

You're correct. Speaking of Indian things, our

39:07

boy

boy

39:08

Anan from CB Insights, by the way. He came on here, and we were just talking about cap table. He's only raised, I think, eight or ten million dollars. There's a rumor told him I'm gonna I go. I'm gonna talk about this on the pod, but don't tell me anything. I'm just reading this article that I read. There's a rumor that they're about to sell for eight hundred million dollars.

Anan from CB Insights, by the way. He came on here, and we were just talking about cap table. He's only raised, I think, eight or ten million dollars. There's a rumor told him I'm gonna I go. I'm gonna talk about this on the pod, but don't tell me anything. I'm just reading this article that I read. There's a rumor that they're about to sell for eight hundred million dollars.

39:25

So our guests, Anan,

So our guests, Anan,

39:27

that'd be pretty cool if they We on the pot. I remember we were like, this thing's gotta be worth three hundred, four hundred million. And he was, like, you know, noncommittal about it, but I think he probably knew it was worth more than that.

that'd be pretty cool if they We on the pot. I remember we were like, this thing's gotta be worth three hundred, four hundred million. And he was, like, you know, noncommittal about it, but I think he probably knew it was worth more than that.

39:38

In the article, it said they're doing eighty million in revenue.

In the article, it said they're doing eighty million in revenue.

39:41

So ten x revenue.

So ten x revenue.

39:43

Ten x revenue. That would be pretty amazing. I mean, I would I if I had a bet, I bet he owns half the company, So he would make many hundreds of millions of dollars. Right. That would be huge. And as a reminder, if people didn't see that episode, you should go because he's an idea machine.

Ten x revenue. That would be pretty amazing. I mean, I would I if I had a bet, I bet he owns half the company, So he would make many hundreds of millions of dollars. Right. That would be huge. And as a reminder, if people didn't see that episode, you should go because he's an idea machine.

39:57

So the episode we did with Anand is awesome because he has, like, fifty startup ideas that we went through and reacted to as well as he tells the story

So the episode we did with Anand is awesome because he has, like, fifty startup ideas that we went through and reacted to as well as he tells the story

40:05

of his father passed away and his father owned a chemical plant in India. And he's running CB Insights,

of his father passed away and his father owned a chemical plant in India. And he's running CB Insights,

40:11

tech startup in in America that's doing well.

tech startup in in America that's doing well.

40:14

And then he just was like, I have to deal with this. Like, my father passed away. There's a plant. There's, like, a hundred people working there. And so he goes to India, and he learns how to run this plant while running CD insights. And he, like, gives it to the employees, I think. He stabilizes it, gives and then, like, created, like, some equity plan or whatever, and then, and then bounce. But really kind of amazing story.

And then he just was like, I have to deal with this. Like, my father passed away. There's a plant. There's, like, a hundred people working there. And so he goes to India, and he learns how to run this plant while running CD insights. And he, like, gives it to the employees, I think. He stabilizes it, gives and then, like, created, like, some equity plan or whatever, and then, and then bounce. But really kind of amazing story.

40:34

Do you think that life

Do you think that life

40:36

do you think that life for a non let's say he sells Let's say that he'll I I he lives in New Jersey. So let's just say that he pays half in taxes. Let's say that he owns half the company, so he makes four hundred million dollars. Let's say that he walks away with three hundred Do you think that there's a difference in life from three hundred million and fifty million? Not really. Yeah. I don't think so either. Not

do you think that life for a non let's say he sells Let's say that he'll I I he lives in New Jersey. So let's just say that he pays half in taxes. Let's say that he owns half the company, so he makes four hundred million dollars. Let's say that he walks away with three hundred Do you think that there's a difference in life from three hundred million and fifty million? Not really. Yeah. I don't think so either. Not

40:57

really.

really.

40:58

Yeah. I I would imagine after fifty, it doesn't You can buy a jet instead of rent a jet. You know, like, what what what's the difference? What what what is he gonna do? Yeah. I don't think it matters. Now I what I will say is, like, It's all relative to the person. So, like, you know, Mike Dyson found a way to spend a hundred million dollars. Right? Like, you know, people can find a way to spend, but then also

Yeah. I I would imagine after fifty, it doesn't You can buy a jet instead of rent a jet. You know, like, what what what's the difference? What what what is he gonna do? Yeah. I don't think it matters. Now I what I will say is, like, It's all relative to the person. So, like, you know, Mike Dyson found a way to spend a hundred million dollars. Right? Like, you know, people can find a way to spend, but then also

41:15

Elon

Elon

41:16

took, you know, a couple hundred million bucks and used it

took, you know, a couple hundred million bucks and used it

41:19

to fund his own crazy moonshot bets that nobody else would do. Right? So, like, for Elon, the difference between fifty and two hundred and fifty or whatever million dollars was the difference of Tesla and SpaceX existing versus maybe they wouldn't have.

to fund his own crazy moonshot bets that nobody else would do. Right? So, like, for Elon, the difference between fifty and two hundred and fifty or whatever million dollars was the difference of Tesla and SpaceX existing versus maybe they wouldn't have.

41:33

Or surviving when maybe they wouldn't have because he was able to put the money in. So I guess to the right person, yes, but for ninety nine point nine percent of people, no.

Or surviving when maybe they wouldn't have because he was able to put the money in. So I guess to the right person, yes, but for ninety nine point nine percent of people, no.

41:41

Yeah. I don't think it makes any difference. I think Shamath had a good episode on,

Yeah. I don't think it makes any difference. I think Shamath had a good episode on,

41:46

on, all in, and he goes after fifty million, it made zero difference like I had that I could acquire everything I wanted to at fifty. Right. And anything else, he was like, it was like stakes in basketball teams, but

on, all in, and he goes after fifty million, it made zero difference like I had that I could acquire everything I wanted to at fifty. Right. And anything else, he was like, it was like stakes in basketball teams, but

41:57

that zero difference. That's just like in a business expense.

that zero difference. That's just like in a business expense.

42:00

When, whenever I hear stuff like this, like, when people are like, you know, oh, you know, money doesn't make you that happy or, like, you know, after this amount, doesn't really do anything for you. It's like, yeah, you're probably right, but I'm just gonna check.

When, whenever I hear stuff like this, like, when people are like, you know, oh, you know, money doesn't make you that happy or, like, you know, after this amount, doesn't really do anything for you. It's like, yeah, you're probably right, but I'm just gonna check.

42:13

Yeah. I would like to find out. I'd like to find out. I'm gonna go ahead. I'm gonna go ahead for myself.

Yeah. I would like to find out. I'd like to find out. I'm gonna go ahead. I'm gonna go ahead for myself.

42:21

I think that all the time as well,

I think that all the time as well,

42:24

Alright. Where we did this episode where someone, like, asked me, like, what was it like, after making a little bit? And I was like, it feels this way in this way, but You should go and figure it out on your own. Right. You should you should double check my math. Navalal had a great thing because, like, Navalal is like the, like, you know, the wise a guy in the in the in the the tech and business ecosystem,

Alright. Where we did this episode where someone, like, asked me, like, what was it like, after making a little bit? And I was like, it feels this way in this way, but You should go and figure it out on your own. Right. You should you should double check my math. Navalal had a great thing because, like, Navalal is like the, like, you know, the wise a guy in the in the in the the tech and business ecosystem,

42:42

and you would think that somebody who's so wise and as, like, you know, sort of

and you would think that somebody who's so wise and as, like, you know, sort of

42:47

enlightened is gonna just be like, you know what? Like,

enlightened is gonna just be like, you know what? Like,

42:51

it's not what matters. And he does say. It's not the main thing that matters. He's like, you know, the the real goal is,

it's not what matters. And he does say. It's not the main thing that matters. He's like, you know, the the real goal is,

42:57

you know, a strong mind, a strong body, and a house full of love. But he's like, you know, nobody wants to hear that. And he goes, the easiest way to escape the rat race is just to win. Then let it then you can let it go. If that's far easier than trying to convince you not to play.

you know, a strong mind, a strong body, and a house full of love. But he's like, you know, nobody wants to hear that. And he goes, the easiest way to escape the rat race is just to win. Then let it then you can let it go. If that's far easier than trying to convince you not to play.

43:11

I was like, that is practical wisdom.

I was like, that is practical wisdom.

43:14

He's like, it won't make you significantly

He's like, it won't make you significantly

43:16

happier,

happier,

43:17

but you're not gonna believe me until you do it yourself. So go ahead and get it. Yeah. Exactly.

but you're not gonna believe me until you do it yourself. So go ahead and get it. Yeah. Exactly.

43:25

Yeah. I love that. Practical wisdom.

Yeah. I love that. Practical wisdom.

43:27

You wanna do any more of these, but you can do one more. Do you wanna do

You wanna do any more of these, but you can do one more. Do you wanna do

43:31

You wanna do this metropolis thing or IMG?

You wanna do this metropolis thing or IMG?

43:34

Well, let's do metropolis. So I don't know much I don't know too much about this, but I think that it's pretty wild. What did you see? So we both got interested.

Well, let's do metropolis. So I don't know much I don't know too much about this, but I think that it's pretty wild. What did you see? So we both got interested.

43:43

I did a little bit of research, but basically there's a startup that the the the the founder he originally had a company called, I think park me. And it was just like an app that told you where parking spot spots were, and he ended up selling it, but it wasn't like a home run a success. I think, like, they got their money back plus a little bit, something like that. Then he goes on and he's like, I did this all wrong. I have to think about this as an investor.

I did a little bit of research, but basically there's a startup that the the the the founder he originally had a company called, I think park me. And it was just like an app that told you where parking spot spots were, and he ended up selling it, but it wasn't like a home run a success. I think, like, they got their money back plus a little bit, something like that. Then he goes on and he's like, I did this all wrong. I have to think about this as an investor.

44:05

And we have to, like, acquire parking lots, and we're gonna create technology that makes it easier. So you don't need to, like,

And we have to, like, acquire parking lots, and we're gonna create technology that makes it easier. So you don't need to, like,

44:11

you don't need to scan in when you go and pay at a parking just gonna be able to track your car automatically.

you don't need to scan in when you go and pay at a parking just gonna be able to track your car automatically.

44:16

He's been doing this for a couple years, and he just bought

He's been doing this for a couple years, and he just bought

44:19

a parking lot, like, a a a company that owns a bunch of parking for one point one billion dollars. And I saw that and I was like, alright. What the hell is going on here? Yeah. And the same thing caught my eye. Like, I made like a there's like a billion dollar acquisition or something like that. What I thought was the story is that

a parking lot, like, a a a company that owns a bunch of parking for one point one billion dollars. And I saw that and I was like, alright. What the hell is going on here? Yeah. And the same thing caught my eye. Like, I made like a there's like a billion dollar acquisition or something like that. What I thought was the story is that

44:36

so there's this one blueprint of business. That's a very good blueprint. This is the blueprint that Constellation software

so there's this one blueprint of business. That's a very good blueprint. This is the blueprint that Constellation software

44:42

uses,

uses,

44:43

which is vertical SaaS. What is vertical SaaS? Vertical SaaS is

which is vertical SaaS. What is vertical SaaS? Vertical SaaS is

44:47

how

how

44:49

Oh, there's a, you know, every golf club in the country needs some golf club

Oh, there's a, you know, every golf club in the country needs some golf club

44:55

booking management system. So people can book their top tee times and then they can rent the clubs and then they can, you know, have a membership and whatever. And there's some person out there that made some software sold it to some golf clubs,

booking management system. So people can book their top tee times and then they can rent the clubs and then they can, you know, have a membership and whatever. And there's some person out there that made some software sold it to some golf clubs,

45:07

and

and

45:08

what a company like Constellation will do is they're, like, perfect because that software is not gonna be, you know, Microsoft is not gonna go compete in that market. Facebook and Google are not gonna go compete in that market. Honestly, nobody really is gonna compete in this market. And if there are if there is someone, it's it's kinda so fragmented that as they start to get momentum, they get to one, two, three million dollars of annual revenue, we'll just buy them. And then we'll own all of the golf club

what a company like Constellation will do is they're, like, perfect because that software is not gonna be, you know, Microsoft is not gonna go compete in that market. Facebook and Google are not gonna go compete in that market. Honestly, nobody really is gonna compete in this market. And if there are if there is someone, it's it's kinda so fragmented that as they start to get momentum, they get to one, two, three million dollars of annual revenue, we'll just buy them. And then we'll own all of the golf club

45:32

software systems.

software systems.

45:34

Or sort of golf, like golf, what what do you call them? Like the members club or whatever whatever it's called.

Or sort of golf, like golf, what what do you call them? Like the members club or whatever whatever it's called.

45:40

But basically vertical SaaS software.

But basically vertical SaaS software.

45:43

And so same thing for dentists and same thing for, whatever.

And so same thing for dentists and same thing for, whatever.

45:47

Rent you know, industrial rentals or whatever.

Rent you know, industrial rentals or whatever.

45:50

So vertical SaaS has been a very, very lucrative play, especially if you roll them up. So Have you been to Constellation's website, by the way?

So vertical SaaS has been a very, very lucrative play, especially if you roll them up. So Have you been to Constellation's website, by the way?

45:58

Not They, like, give you, like, they give you, like, five categories

Not They, like, give you, like, they give you, like, five categories

46:02

of, like, businesses they own. You click on, like, alright, this, this one of five, and then they give you, like, a list of ten. You click on one of the ten, but it's they own so many businesses that they're basically linking

of, like, businesses they own. You click on, like, alright, this, this one of five, and then they give you, like, a list of ten. You click on one of the ten, but it's they own so many businesses that they're basically linking

46:15

to other companies that own other companies. Meaning,

to other companies that own other companies. Meaning,

46:19

like, we own this holding company, which owns holding companies in these five categories.

like, we own this holding company, which owns holding companies in these five categories.

46:25

And, like, you have to click through four different websites to actually see the name of a company. So they must own hundreds or even thousands of small software businesses.

And, like, you have to click through four different websites to actually see the name of a company. So they must own hundreds or even thousands of small software businesses.

46:34

It has acquired over five hundred businesses since being founded.

It has acquired over five hundred businesses since being founded.

46:40

They I think they make offers to, like, hundreds of soft hundreds of companies

They I think they make offers to, like, hundreds of soft hundreds of companies

46:45

every year, if not a thousand companies a year or something like that. To to give an example, so Jonas. Jonas is one of these five. They have six groups. So six groups Jonas is one of the groups, and it says they do hospitality clubs and resorts, spas, and fitness, construction payments moving its origin. You click it. It says, to go to Jonas software, And it says, we're a family of vertical market software companies, and then they own a hundred forty just under the Jonas umbrella.

every year, if not a thousand companies a year or something like that. To to give an example, so Jonas. Jonas is one of these five. They have six groups. So six groups Jonas is one of the groups, and it says they do hospitality clubs and resorts, spas, and fitness, construction payments moving its origin. You click it. It says, to go to Jonas software, And it says, we're a family of vertical market software companies, and then they own a hundred forty just under the Jonas umbrella.

47:11

It's crazy. Right? In forty different markets.

It's crazy. Right? In forty different markets.

47:14

It's crazy. It's it's a it's a really wild set up ahead. And, if you haven't ever gone and read,

It's crazy. It's it's a it's a really wild set up ahead. And, if you haven't ever gone and read,

47:21

Mark Leonard's

Mark Leonard's

47:22

letters,

letters,

47:23

definitely

definitely

47:24

like, you know, worth a worth a that's like getting an MBA. It's go go through and read all of his annual letters, you know, for the last, like, twenty five years or whatever. Very interested guy, very interested company. We've talked about Constellation before, but what's interesting is

like, you know, worth a worth a that's like getting an MBA. It's go go through and read all of his annual letters, you know, for the last, like, twenty five years or whatever. Very interested guy, very interested company. We've talked about Constellation before, but what's interesting is

47:36

I thought,

I thought,

47:37

like, it seemed like that was the blueprint. You just buy vertical SaaS companies and you roll them up. What this parking guy is doing is basically took the vertical SaaS, and then it was like, cool. Let's just own all the lots too. Let's make a vertical company that's not just SAS. It's got SAS on the top, but underneath it is the real estate and the actual, like,

like, it seemed like that was the blueprint. You just buy vertical SaaS companies and you roll them up. What this parking guy is doing is basically took the vertical SaaS, and then it was like, cool. Let's just own all the lots too. Let's make a vertical company that's not just SAS. It's got SAS on the top, but underneath it is the real estate and the actual, like,

47:58

you know, the brick and mortar underneath

you know, the brick and mortar underneath

48:00

so that we can,

so that we can,

48:03

like, forget trying to sell our software to these guys and try to convince these old school parking operators

like, forget trying to sell our software to these guys and try to convince these old school parking operators

48:08

that they should use our thing because it's more efficient.

that they should use our thing because it's more efficient.

48:10

We'll just buy it from them in the inefficient state and then use our software to make it more efficient.

We'll just buy it from them in the inefficient state and then use our software to make it more efficient.

48:15

And, so it seems like a pretty big bet if I understood it correctly, but I honestly had to do a ton of research. It's just what I understood from the tweet. They paid one point seven billion for a company that owns parking lots.

And, so it seems like a pretty big bet if I understood it correctly, but I honestly had to do a ton of research. It's just what I understood from the tweet. They paid one point seven billion for a company that owns parking lots.

48:28

Yeah. It's a lot.

Yeah. It's a lot.

48:29

That's huge. Right?

That's huge. Right?

48:32

Alright. Do we wanna wrap there? Yeah. Let's wrap it up. Alright. That's the pot.

Alright. Do we wanna wrap there? Yeah. Let's wrap it up. Alright. That's the pot.

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