Four Ideas For AI, Twitter Empires, and Billion $ Thiel Fellowship Success Stories

Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) talk about four ideas of what you can do with AI, Twitter empires, and some of the billion dollar companies that have come from the Thiel Fellowship. ----- Links: * Theo Von story * Charisma On Command * DALL*E 2 * Unreal Speech * This Person Does Not Exist * Spoonflower * Trung Phan * Sahil Bloom * Thiel Fellowship * Italic * Figma * Ethereum * Luminar * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. * Want more insights like MFM? Check out Shaan's newsletter. ----- Show Notes: (09:35) - DALL-E and AI (30:35) - John Steinberg (32:55) - Building Twitter Empires (49:05) - Thiel Fellowship success stories ----- Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more. ----- Additional episodes you might enjoy: • #224 Rob Dyrdek - How Tracking Every Second of His Life Took Rob Drydek from 0 to $405M in Exits • #209 Gary Vaynerchuk - Why NFTS Are the Future • #178 Balaji Srinivasan - Balaji on How to Fix the Media, Cloud Cities & Crypto * #169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett • ​​​​#218 - Why You Should Take a Think Week Like Bill Gates • Dave Portnoy vs The World, Extreme Body Monitoring, The Future of Apparel Retail, "How Much is Anthony Pompliano Worth?", and More • How Mr Beast Got 100M Views in Less Than 4 Days, The $25M Chrome Extension, and More

Speaker names marked ? are inferred from speaking time and the show’s known hosts — they are not voice-verified.

• 0:00Shaan Puri?

  I think this is one of the multi-billion dollar trends that like you could be on right now. And I don't say that for hyperbole, like literally this is the window. The tech is just now finally good enough. It's not quite there, but you need to start now and you could disrupt all of these marketplaces.

• 0:22Sam Parr?

  All right, I went out with Hassan last night for dinner. Can I tell you about it really quick?

• 0:28Shaan Puri?

  Do it.

• 0:29Sam Parr?

  It was awesome. So he like admires you a lot. Do you know that?

• 0:34Shaan Puri?

  I admire him a lot.

• 0:36Sam Parr?

  So you pronounce his name Minhaj or Minaj? Minhaj, right?

• 0:41Shaan Puri?

  I think, I think his name is actually pronounced Hasan Minhaj. And everybody calls him Hassan Minaj because it sounds awesome. And it's like Nicki Minaj.

• 0:53Shaan Puri?

  So, you know, whatever. I don't know what the, I don't know how strict he is on that.

• 0:58Sam Parr?

  Well, we, so basically the story of this is Sean interviewed him last year. I thought I saw him on the street and I ran up and like went and said, hey, and it actually wasn't him. And I looked like an idiot and I tweeted about it and he texts me, I guess he got my number from you. And he texts me and we went and hung out. So this guy is like this, you know, pretty big deal comedian. He is so smart. He's so much smarter than I am. And that's what I learned that. And number two, I was so intimidated to be around him because I didn't know if like, if I was like, can I make him laugh? If I can make him laugh, I'm like, this is a weird, and I really didn't, I didn't make him laugh.

• 1:39Sam Parr?

  I failed. I did not, I cannot make him laugh. And he like showed me these books that he's reading and I wanted to Google, like, I wanted to tweet this out, but I was too embarrassed. So maybe you could tell me, but I like, like Googled like books on how to be funny. Cause after I hung out, after I hung out with him, I was like, dude, this guy's got me in a trance. He could tell me about anything. He's so funny and good at storytelling. Like I'm so into it. And I was like, I want to figure out how to be funny. And I went on Amazon and I Googled like how to be funny or like how to be clever. And do you remember years ago when I wrote that article about this guy who games the Amazon Kindle system to rank really high and it's like shit books, but he like buys reviews? Dude, it's like six of the top 10 on page one were all him.

• 2:27Sam Parr?

  It's all this guy. I know the author. I know the guy's name. So it's all bullshit. What is there? Are there good books that I can read? You think on how to be funny or how to be clever? Like, I felt like such a nerd. Like, I was gonna tweet this out, but I'm gonna look like the biggest virgin on earth. Just like, how do I like be clever in a conversation?

• 2:44Shaan Puri?

  Yeah, I don't know, dude. That I feel like this is a, um, it's like a, it's like a skill that's only passed down like, you know, by hand. And you can, it's only like trial by fire. Like, you have to like, learn this when you're 12 and get good at like busting people's balls and like saying the funny thing in class. Like, Theo Von has this hilarious, I know you like Theo too. So he has this hilarious story he tells. He goes, dude, I was in my like freshman, I remember the first time I realized I was funny as a comedian. He's like, I was a, it was my freshman year at college and I was going to school in Louisiana or whatever. He's like, and my professor said to our class, he was like, you know, look to your left, look to your right, you know,

• 3:26Shaan Puri?

  statistics will say that, uh, you know, one, one of the, one of the three of you, one out of every three people are going to end up being like a child, uh, whatever molester or something like that. He goes, and I stood up and I just go, not it. Killed. And then he's like, he's like, that was the moment. And first of all, this is a hilarious story. And secondly, uh, I think there's some truth to like, you have these little moments where you get rewarded for being funny early on in life. And you're like, ooh, more of that, more of that. All right. How do I get more of that laugh?

• 4:00Sam Parr?

  No, but.

• 4:01Shaan Puri?

  I want more of that. And then you just keep doing it.

• 4:03Sam Parr?

  Talent's real, but I think it's a, I think just like anything, like, you know, some people will never be able to dunk, but you definitely can improve. You can learn how to dribble better than before.

• 4:11Shaan Puri?

  For sure.

• 4:12Sam Parr?

  Like, there's gotta be a skill. There is definitely a skill here. Uh, you know, I think like the best are definitely just born better. But I can be good. I can be good at.

• 4:20Shaan Puri?

  There's a YouTube video that you should watch. So I've gone down this rabbit hole, probably also after I met a husband and I was like, shit. He would tell me a story on the pod where he'd be talking and I'm so into the story. I'm like, you know, what is it? Eating out the palm of his hand? And then he would ask me a question mid story and I just, I'm like nodding like I'm still listening like it's a TV show. And then I didn't realize that he said something to me. Like he said, he was telling some stories. Like everybody's got that kid growing up. Like you had that kid. Who, who was it for you? And I was so like enthralled by the story that I was just like, yes. And I realized that I was like, oh, he asked me for a name. And then I thought about who that would be. Cause I said, now I'd said, yes, that there is a

• 5:03Shaan Puri?

  kid. And he's like, who was it? And I was like, I can't remember any names growing up. I'm so into you that I've like forgotten who I am in my entire past. And so, you know, that was what was happening when he was telling stories. But he, I asked him afterwards, and I think he gave me a YouTube video that was fun that he, that he's like, this is kinda interesting. Um, so it's called Mark Norman, how to write a joke. And I think it's like an hour long podcast. So it's the, the thing is called writing a joke with Mark Norman. And Mark Norman is a good joke writer. He's a funny comedian.

• 5:35Sam Parr?

  Yeah, he's great.

• 5:37Shaan Puri?

  And this one hour thing, he like kind of breaks down some of the, the like mechanics of what makes something funny. And it's not like follow this, these three easy steps and you too can be funny, but it is like, oh, okay. I could see how this like, if I constant, if I consistently practice these mechanics, I can take something that's like not so funny and make it funnier repeatedly. And then like from there, there's more, there's storytelling and there's setups and there's like tagging jokes and there's other like things that you gotta learn, obviously, if you want to do this well. But I think that video is pretty good.

• 6:10Sam Parr?

  I'll watch that. There's these guys who have this YouTube channel called Charisma on Command and it's a beautiful name. They've been doing it forever. Have you seen these guys?

• 6:19Shaan Puri?

  Yeah, I remember for like maybe five, seven years ago, I was like watching those videos.

• 6:23Sam Parr?

  Yeah. And they're cool. They're, it could be a little lame because it's a, it's a little bit more on like nerdy guys, how to meet women, which is cool and fine, whatever. But like, you know, I was not trying to, I was dating my wife at the time. So I was like, well, I just want to learn how to be like more charismatic. And I, I remember their name and they like taught a course on it. And like they had all this stuff. I was like, that's a beautiful name, Charisma on Command. I'll watch that Mark Norman joke. But anyway, hung out with this dude last night. It was dope. He paid for dinner. So good first date. Uh, it was awesome.

• 6:53Shaan Puri?

  Did you try to pay? Did you do the thing?

• 6:55Sam Parr?

  Oh, for sure.

• 6:56Shaan Puri?

  A lot me.

• 6:57Sam Parr?

  But I, you know what's funny is when I go to, he like, liked this. We went to Gramercy Tavern and he likes that place, which is, I guess is like a fancy or kind of fancy place. And I was like, dude, you come here a lot? He goes, yeah, I love it. I go, I'm not even gonna look at a menu, whatever you want to order for me. Just, you just do it all. And that's, that's how I love, I love going to restaurants like that. I do that all the time. I'm like, I don't care. I eat meat and vegetables, get whatever.

• 7:19Shaan Puri?

  So I was, I was. The best is then after they order, then you complain. Uh, you gotta do that too. That's the, the true debug move. By the way, you know one thing people liked from the last pod, or maybe a couple pods ago? I got a bunch of DMs about this. They were like, dude, I love the homie move that you said. And I was like, I didn't even remember what he was talking about. He's like, he's like, remember the homie move? That's like one of the top 10 things you've shared on the pod, which was, you were like, dude, guess how many blah, blah, blah. And like, when you say that, obviously it's something impressive, but I kind of guess low so that you can have your, your punchline where you're like, a hundred million. And I'm like, oh, I only said 10 because I kind of knew it's more than 10, but let me give you this moment. People love that. Uh, that's hilarious.

• 8:01Sam Parr?

  Yeah, I saw the comments. People did dig that on YouTube.

• 8:05Shaan Puri?

  Alright, um, so I made a little vow to, uh, myself to bring more specific ideas and stories, uh, to the pod because I personally love the free flowing, just like whatever, wherever our conversation goes, it goes. But I want to make sure that, you know, we have the entree, not just tapas. It's not just the appetizers. I want to have the entree. So let's jump into a couple of ideas.

• 8:30Sam Parr?

  I got a few too, or I got one big one.

• 8:33Shaan Puri?

  I'm gonna go one and then you go one. Alright, so we've talked about this a little bit in the past. Dolly and like how much AI is advancing. And I don't know if it's just like my TikTok feed keeps feeding me these, but every day I see a new incredible thing that AI can do.

• 8:52Sam Parr?

  You have to explain what Dolly is.

• 8:53Shaan Puri?

  Blown me away. What's that?

• 8:56Sam Parr?

  You have to explain what DALL-E is.

• 8:57Shaan Puri?

  Oh, DALL-E is a program. It's a artificial intelligence program. DALL-E 2, I think, is the current name of it, that basically you just type in any word and it generates images on that. So you could be like Sam Parr, you know, fishing. And it will just generate images that like, look like they're either hand drawn or like a stock photo that are Sam Parr fishing, even though no such image exists, let's say, it will create the image. So it like flips the whole idea of like creating art or taking photos or, or painting something. And it kind of like flips it on its head. It's like, no, computers and robots can now do that

• 9:37Shaan Puri?

  almost as good, if not in some cases, better than what would be, you know, the real thing or humans, human stuff. And so you see that, you see deep fakes, like there's videos where you'll see the Mona Lisa. And then they're like, watch this. And they push a button and all of a sudden the Mona Lisa starts turning her head and she starts rapping like, you know, Notorious B.I.G. And it looks like the mouth is like in sync with the lyrics and the thing looks real. It's like, yeah, they just took, they can take an image and they could turn it into a video. Using AI, like AI can basically say, oh, if I have this image, I know where the eyes and those lips are. I have been trained on what talking looks like, what singing looks like, what looking around and acting natural looks like, and I could turn any image into that.

• 10:16Sam Parr?

  And it's really good. It's really good.

• 10:19Shaan Puri?

  They could take Barack Obama and they can make him, like this happened now with the Ukraine thing. They took the, the Russian president, like, and the, the way that people can Photoshop an image to make it look real. You could take Barack Obama and you can make it sound and look like he is saying something, you know, completely racist or whatever. So you're like, oh man, I can't trust videos.

• 10:38Sam Parr?

  Well, I heard a podcast about that particular one. I think someone made one of these things to show how amazing it is. And then they also showed, but here's the downfall. And they made Obama, I think he said the N word or something like crazy, like not cool. And they're like, he said that. Isn't that amazing? Obviously he didn't, but like, it seems exactly like he said it. This is where it's going to get, it's going to get dangerous.

• 10:58Shaan Puri?

  Totally. And let me, so, so I'll just keep going to some random examples. So there's another one where you, you can draw like a very basic smiley face on, on your iPad, on this app called Procreate. And then you can, it's basically just like eyes, nose, mouth, and you're just like pencil drawing it. Then you change the brush to the AI paintbrush, and you just kind of like shade in, like, you know, like a kid would like scribble in a shape, and it like colors in as if you like painted this in fine detail with the shadows and the colors, and all you're doing is literally just moving your hand like a fool. And it's like, it knows already what like high quality art looks

• 11:38Shaan Puri?

  like, and it just turns your crappy art into high quality art. It's amazing. And so every day, there's all these little amazing magic tricks, and they're not like foolproof yet, but the demo is getting ridiculously impressive. And so

• 11:51Sam Parr?

  I used it to come up with a logo for a business I'm thinking about starting. I use it to come up with a logo, and it was awesome.

• 11:56Shaan Puri?

  Oh, I do that all the time. Yeah. If you just Google AI logo generator or brand generator, there's like four websites that you can use, and you just say like, I, you know, it's a legal, it's a legal startup, the mood is serious, but still sophisticated, go. And it'll spit out like an infinite number of logo variations that you could then, and they could be like, cool, print this on business cards. That's like how they make money is like, print this on a business card, or like, give me the high quality photo. You actually use it, right?

• 12:25Sam Parr?

  Like, I used it. I used it. Yeah. Normally, what I do is I go to 99designs, and I have like, you, 99designs is amazing because you can get like 30 graphic designers to like make up a landing page, and you'd be like, I like details from number one, number eight, and number 14. And then someone combines all of them, and they give me the one that I want. Whereas when you work with just one designer, you gotta like, A, kind of be nice to them and be like, no, this, this is, you know, this is okay, but can you kind of change it like this? Instead, I could be like, no, this sucks, do this. But also, B, you can see all different combinations. And with Dolly, I'm excited to use it in that way.

• 12:57Shaan Puri?

  And so let me give you like a couple of ideas that I've had based off of what I've seen. So here's what I, I, I think these can be very big ideas. Now, the problem with these, also the problem also is that I think it's so easy to do that you're gonna have a bunch of competition. So you know, you have to find a way to be defensive. But here, okay, here we go. Four ideas that you can do with AI like right now. Okay, so number one is,

• 13:25Shaan Puri?

  which one I want to start with. Okay, so number one is gonna be fake speech. So I'm investing in this company called Unreal Speech. I don't know if you've heard this, but check this out. This guy sends me

• 13:39Shaan Puri?

  deep fake audio of somebody of Gary Vee and Jordan Peterson reading The Milk Road. So I'm gonna just play one of these. I think you can hear it. Let me just.

• 13:47Speaker 02

  This is The Milk Road, the newsletter that brings you so much entertainment, news and laughs. It should be illegal. Ya'll know, hypothetically speaking of course, here's what's happening around crypto.

• 14:00Sam Parr?

  Dude, it sounds just like Jordan Peterson.

• 14:02Shaan Puri?

  It's just like Jordan Peterson. Here's Gary Vee.

• 14:05Speaker 02

  The newsletter that brings you so much entertainment, news and laughs. It should be illegal. Ya'll know, hypothetically speaking of course.

• 14:13Shaan Puri?

  You can see it messes up sometimes.

• 14:14Speaker 02

  What's happening around crypto? The new stablecoin on the block.

• 14:19Shaan Puri?

  So, so you could.

• 14:20Sam Parr?

  That's amazing. That is so good. Is that, is that available?

• 14:23Shaan Puri?

  Very little, there's very little training data.

• 14:27Shaan Puri?

  And literally just like takes my thing. And you could see the, the places where my, my written stuff is like, kind of like casual. I'm like, you know, blah, blah, blah. It's like, it doesn't do that part very well. But the other parts, it does like pretty dang well for a very small amount of training. Unreal Speech.

• 14:43Sam Parr?

  Is it available to everyone?

• 14:45Shaan Puri?

  Yeah. So, well, it's like, it's like brand new. So, um, and so he was like, hey, yeah. Sean, you want to never do an ad read again? He's like, you know, you have hundreds of hours of audio of you and Sam's voice that's on the podcast. Like, all you need to do is just say the word and I can make it so that you'll never have to do an ad read again.

• 15:03Sam Parr?

  Did he do it?

• 15:04Shaan Puri?

  I can make you, I can make it so that the Milk Road, it'll auto add a companion audio. Like if somebody wants to listen to the newsletter on the go, like it'll do it in your voice. Like, I can just do that now. And I was like, wow, this is incredible. He's like, yeah, and the way we're doing it is cheaper, faster, and like more accurate than like the, the kind of the other models that are out there on like Amazon or whatever. So it's like, you know, dramatically cheaper to do, because this is a little bit expensive whenever you do this, because it's like machine learning, but the cost just keeps falling every year. And then there's techniques to make it even smaller. And so, think about this, like, language translation. So for example, there's a world where we do this podcast and Unreal Speech could translate this into another language in our voices,

• 15:46Shaan Puri?

  with our tones, but just speaking another language. And so now, all of a sudden, our podcast is in, you know, is being, you know, done in Spanish and in French and all these other languages. And so we could grow without having to actually do extra work ourselves.

• 15:59Sam Parr?

  Damn, dude, that's crazy.

• 16:01Shaan Puri?

  All ad reads, stuff like that. So I think that's, that's a great business. There's also, um, yeah, there's, there's other kind of like use cases for it, but I'll, I'll leave it at that. Okay, here's another one. Student essays. So, I told you about that guy who made a thing called write like Sean.com and it like, I like mentioned it in my email and it like blew up and like caused him to have like a thousand dollar bill on his servers. And he was like, you know, oh shit, like, you know, this side project now is like a financial burden for me. But basically, this guy trained AI to write like I do. And it was pretty damn good. And I shared an example last time. But this is not like, has nothing to do with me. It's just you could take any corpus of text data. In this case, he just used my Twitter feed as like the corpus of text. It could train it to write like that.

• 16:46Shaan Puri?

  Well, there's, one of the big things like, you know, I don't know if you remember growing up, but like you get assigned, you have to write an essay in school. And, you know, some people would pay other people to do it for them. Some people would go find one online and try to plagiarize it. Well, this is going to basically screw that whole thing up, because I'm going to be able to go on there and say, hey, write an essay about World War II and Germany's role in it.

• 17:13Shaan Puri?

  In the sophistication of a 10th grader. And it's just going to spit out a full essay or like a thousand versions of an essay. And I could just pick the one I like. And I could just edit it in like maybe five minutes to like, get rid of any like crappy computer mess ups.

• 17:28Sam Parr?

  Dude, this is wild. You remember Turnitin.com? Did you have Turnitin.com? Like it would help you like if you submitted, you'd have to submit an essay in high school. It happened. So I used to like, I had this website that like would give you free essays and I would use them all the time. You know, and like most, well, I don't know if most people do it, but you know, a lot of people do it.

• 17:50Shaan Puri?

  Some people out there will think this is okay.

• 17:52Sam Parr?

  A person. And a person did it and it was awesome. And I, you like rewrite it a little bit, but then they came up with Turnitin.com, which ended up becoming like a huge company and sold for billions of dollars, I believe. Where you would turn in your paper essay, but then you also had to submit a, an electronic copy. And it did a pretty good job of finding out if it was plagiarized. Frankly, I have no idea how it did it. And I don't actually think it's that sophisticated of technology, but they just sold to schools and they like trusted that it was legitimate. Because like, if you just Google a phrase in quotations, you could see like where, you know what I mean? It's like, not like that sophisticated of a, of a thing, but like it would alert teachers like, okay, like 98% of this is copied from somewhere else.

• 18:33Shaan Puri?

  Right.

• 18:34Sam Parr?

  But it ended up being a huge business.

• 18:35Shaan Puri?

  The teacher doesn't want to like Google, the teacher doesn't want to Google everybody's thing. So yeah, that makes, that makes total sense. And that's, that's exactly the case. I think you're going to have the creation of stuff of content on the AI auto-generated content. And then you're going to have the fact checking side, the detection businesses also, both are going to boom. You're going to have things that's, that take a video and say, is this a deep fake or is this a real video? You're going to have another one that's like, is this a auto-generated content or did a human write this? Like, it's like the opposite of captcha, you know, when you go to a website and it says, prove that you're a human. It's going to basically be like, prove this isn't a robot is basically what you're going to have to do in order to trust that this person actually like did the work that's, that's required for this. So I think that that's going to be like on both sides, there's going to be businesses.

• 19:20Shaan Puri?

  I'll give you another area that's going to get totally disrupted.

• 19:24Shaan Puri?

  Print and patterns. So people talk about like using AI for stock photos, using AI for like be like auto-generated music. That's all gonna happen too. But here's what I think is like more more low-key, like when when Patrick came on, he was talking about quilt businesses. So there's a huge market of just pattern making. So this is for all like clothing, you know, blankets, you know, curtains, whatever. Basically, patterns and prints are everywhere, you know, in apparel and fashion. And so if you want to go and actually like make clothing, you will often use like websites that have large libraries of patterns and prints. What happens is today,

• 20:05Shaan Puri?

  somebody hand draws each one of those. It's like, oh, this floral pattern, or this, you know, repeating pattern of, you know, whatever. It could be like fire trucks for like, you know, some kid thing or whatever. And then that person gets paid when you go buy that by that pattern, you buy it for whatever a hundred dollars, and now they get that as their like royalty stream. Well, this is all gonna go AI, in my opinion. Somebody can compete with these, because the sites that do this, they're worth hundreds of millions of dollars, these marketplaces that have the creators and they have the search.

• 20:34Sam Parr?

  Yeah, we talked about one of them. I forget what it was called. I think it had gotten acquired by PE for like 400 million. Yeah, flower something.

• 20:42Shaan Puri?

  Yeah, some flower.

• 20:43Sam Parr?

  Flower Cloud or something.

• 20:45Shaan Puri?

  They, what that's gonna turn into is I'm gonna go on there, I'm gonna be like, cool, I'm making a, you know, a galaxy, I want a galaxy-themed repeating pattern. So I'm just gonna write galaxy-themed repeating pattern, and it's going to generate galaxy-themed patterns, and then they will be able to charge one tenth of what the other sites do, because there's no human involved, and they'll just keep all of that revenue for themselves. So they will become the supply side of the market. So this is like, you can build a billion-dollar marketplace, because you now don't have to worry about supply. It's what Uber's trying to do with self-driving cars, right? It's like, hey, we can make these rides way cheaper, and we can like, you know, make this whole system more efficient. We just gotta get to

• 21:29Shaan Puri?

  self-driving. And Tesla's trying to do the same with the robotaxi. It's like, the big idea in And transportation is getting rid of the driver. The same thing is going to be the case with artists. It's like, we're going to get rid of the artists. We're going to not need somebody to do the photography, the videography, the music, the pattern making. You know, the, the voiceover work, that's what unreal speech is, right? It's voiceover work. The, the essay writing, the 99 designs. Every single one of those, they're either going to have to release this and kill their own supply side, or someone is going to come and do it and eat their lunch. I think this is one of the multi-billion dollar trends that like, you could be on right now, and I don't say that for hyperbole. Like literally, this is the window. The tech is just now finally good enough.

• 22:12Shaan Puri?

  It's not quite there, but you need to start now and you could disrupt all of these marketplaces.

• 22:17Sam Parr?

  Do you ever recognize stock image models on different websites?

• 22:23Shaan Puri?

  Yeah, there's this guy who's in The Bachelor, who's a stock image. And he's like in like a bunch of like funny, like whatever, random like kids Halloween costumes. It's like, there's that guy. And then you see him again on this like hot sauce commercial, like there's that guy. And he's just like this generic smiling black guy. And it's like, they just reuse him everywhere.

• 22:43Sam Parr?

  I saw like the lady that was on the Google Analytics page. It was two ladies and I saw one of them in public and I went up and got a picture with her. And, uh, and like I saw her and I recognized her. And then there's this other lady that was on the Google Analytics page. She's, it's like, it's always, it's like a lot of times the same person. It's like a racially ambiguous woman with like curly hair. It's like, you know, who does, she could be Italian, she could be black, she could be Jewish, white, who knows? Like, it just represents everyone. And I see this woman everywhere on all different websites. I used her a couple of times. I love this lady. And I get sick of using the same pictures all the time. So for some of my projects, I've been using, if you, you can use Dolly and you can use a couple of other services and they'll give you fake people. So I have a couple of websites that have like testimonials and they're real testimonials,

• 23:25Sam Parr?

  but I don't want to use the people's face because I didn't exactly ask them for, it was like a email that they like wrote me. You know what I mean? I didn't want to use like their face because they didn't give me permission, but like it's who cares? It's just a sentence. I, I can use that and I'll use, I Google AI sample faces. And you can get all types of faces and you could say like, make this person this race, make this person happy, make them serious. You can change it and you can make them all types of stuff. And I've been using that for sample images because when we were running the hustle, every once in a while, we would like do it the right way where we would like use an image that was for commercial use. But sometimes it would get categorized wrong and we would, we'd get like a, what do they call it? Like a, uh, I forget what Yeah, that's right. And they say like, you know, you have to in multiple times, we've had to pay five grand.

• 24:07Sam Parr?

  You know, you just like, oh, fuck, these guys like, they're going to cause an issue. We just got paying $5,000 and they're going to go away. But this is, we just, we're going to get, you know, we're getting screwed here, but whatever, we gotta do it. So I've been using them for stock images, so I don't have to worry about getting sued or get one of these cease and desist letters.

• 24:24Shaan Puri?

  Totally. It's going to be the case with stock images, you know, like designers always use these libraries of like icons and illustrations and there's like websites like the noun project and other things like that. What so what Dolly did was basically they just read all of the text on the internet. And then they used it to create new stuff. And some people are like, dude, that's messed up. Like GitHub is doing this too. GitHub basically read all of the code that was on GitHub. They had a crawler basically index all of that. They fed all of that, that user data. And they fed it into machine learning and now they have this thing called GitHub Copilot, which is I think like, I don't know how much it is, like a hundred dollars a month or something like that. But it basically is like, you know, if you're a programmer, we will, this GitHub Copilot can basically help you write your code.

• 25:07Shaan Puri?

  You're like typing your code and it'll just auto fill like autocomplete. The line of code. So it's like, oh dude, that's makes, you know, this $250,000 a year software developer more efficient and more effective and less bugs and less mistakes and less thinking. It lets a less talented person sort of create these functions and write code. And it's like a no brainer. Like GitHub Copilot is going to generate like hundreds of millions of dollars for GitHub. Like they create this product, flip the switch, it's going to be a multi-billion dollar product line, just because it's generating so much revenue. Wow. And some people are mad about it because they're like, dude, you read my code, you use my code as the training data and I get nothing from this. Like, that's crazy. You're going to basically put me out of a job by using my own data

• 25:49Shaan Puri?

  as the training data for this. And that's the same thing that's going to happen with these like these websites. By the way, Ben found Spoonflower was the name of the So all you have to do, if you're doing this is like, you're going to go and you're going to scrape and crawl Spoonflower. You're going to ingest all of the patterns with all of the tags. And then you're going to basically train it, train a data set so that it says, Okay, cool. This is what a pattern with X, Y, and Z keyword looks like. Great. Now you give me that keyword again, I can generate 500 new patterns from scratch. And Spoonflower is basically going to create its destroyer in that sense. Like it is gonna, the data from these, from stuff that's already on the internet is what's going to destroy those, those services. And I say it kind of like, you know, in a, in a violent way, like destroy and all that stuff.

• 26:34Shaan Puri?

  But it is true. Like, these are going to be very competitive very quickly. And it's going to be like the same way that the chess programs like got really good, really fast. And all of a sudden, it's like, oh, yeah, the human cannot beat.

• 26:45Sam Parr?

  It's gonna be like the

• 26:46Shaan Puri?

  chess or

• 26:46Sam Parr?

  The gang is kind of graphic design.

• 26:49Shaan Puri?

  Yeah, exactly.

• 26:51Sam Parr?

  Just pillage.

• 26:52Shaan Puri?

  This thing is going to like enslave and pillage, you know, it's gonna go to your village. It's gonna kill the men. It's gonna marry all the women and it's gonna put the children to work. Like, that's what's gonna happen with this, these AI marketplaces. That's my, my prediction. So Ben, go to this website I sent you in the chat. Can you share this? Sam, I think you've used this before too, but it's a cool one for people who don't know. It's thispersondoesnotexist.com.

• 27:14Sam Parr?

  Yes, that's what I used.

• 27:16Shaan Puri?

  And so like, look at this guy.

• 27:17Sam Parr?

  That looks like you, Ben, kind of. It just looks like a basic white dude. This guy, this looks like a mugshot on Dateline.

• 27:24Shaan Puri?

  It takes a quick picture of you from your webcam and it just makes someone like you. This is a dude, this person does not exist. That's an AI composite of a face. So you can use this face anywhere in your website, copyright free, because nobody's gonna be like, hey dude, that's me. This is like such a useful, funny website. And it shows you in the bottom right, it'll tell you exactly how the image was created. It's like, it was imagined by a GAN, which is a type of machine learning thing or whatever. Here's how it works. You can use it yourself, you know, blah, blah, blah. And watch this, you can use it for cats and horses and chemicals. It's like this cat, this cat does not exist. And you can like click a cat and it'll like AI generate a cat.

• 28:02Sam Parr?

  Yeah, this is amazing. I usually just take screenshot of those and I use those on like different websites.

• 28:08Shaan Puri?

  And so, uh, so yeah, those are three, three ideas, I think I said, student essay generation, unreal voices for voiceovers, um, and never, you know, never having to, you're basically turning your voice into a programmable asset. And then patterns and prints. And that's just like, that's not even saying some of the obvious ones that I, the other ones I mentioned, like stock.

• 28:26Sam Parr?

  This is great.

• 28:33Speaker 03

  A million dollars isn't cool. You know what's cool? A billion dollars.

• 28:40Sam Parr?

  All right, I have something for you. Have you heard of John Steinberg?

• 28:45Shaan Puri?

  Is he the guy who did Cheddar?

• 28:46Sam Parr?

  Yeah, so listen to this story and I'm gonna, there's a reason why I'm telling you, but let me tell you the story. So basically, John Steinberg was the COO of BuzzFeed for a long time. I think when he joined BuzzFeed, it was like 20 people. So he wasn't quite the co-founder, but he worked his way up to be COO. And he was like the ad sales guy who became COO. And he kind of was like pushing it hard. And it was almost like a co-founder of BuzzFeed. And he's incredibly aggressive, very aggressive. And he started this thing years ago, like eight years ago, or maybe six years ago called Cheddar. And the whole shtick was that it was going to be a live TV station for Facebook Live. And when he launched it, we were just getting started. And he like messaged me, he goes, have we met yet? Which was just an alpha, like just such an alpha way to like.

• 29:33Shaan Puri?

  Hey, I forgot your name. It's like, dude, it's written. You just messaged me.

• 29:37Sam Parr?

  Yeah, he was like, hey, Dave. I was like, dude, it says Sam right where on Facebook. I know.

• 29:41Shaan Puri?

  Hey, sorry, I'm really bad with names and faces. What?

• 29:47Sam Parr?

  He goes, have we met yet? We should meet. That's what he said. And I go, okay, cool. He goes, I'm in San Francisco. What's your office? I'll come tomorrow. That's what he said. And I was like, all right.

• 29:56Shaan Puri?

  Clear your calendar.

• 29:57Sam Parr?

  Yeah, so I hang out with them. Nice, nice guy, incredibly aggressive. Basically told me that like BuzzFeed was great, but he wanted to sell or something, or I don't know if he said this or I read about it. But like he wanted an exit and it didn't happen. So like, he was like, I'm just going to build this thing. And I'm going to have an exit. And he's told me, he goes, what's going to happen is I'm going to raise a little bit of money, like $30 million. It's going to do pretty good. And then a big cable company is going to buy us because it's just going to be cheaper for them to buy us and to go make one of these cable, like a 24 hour news network on their own. And they're just going to buy us for like 200 or 300 million dollars. And at the time, and even at the time they got bought, no one watched this thing. You'd go into the Facebook Live and like, there'd be like 20 people watching it at any given point. It was all on Facebook and like, no one watched it.

• 30:42Sam Parr?

  And I remember thinking like, this guy's crazy. This is not going to work. No one wants, this is, this is nonsense. This is a bad business. This is a bad company. And two years in, he told me, he goes, in year two or three, we're going to get acquired for a couple hundred million bucks. In year three, I think he sold the business for $250 million. 100% called his shot. If you Google Cheddar.

• 31:02Shaan Puri?

  To a cable company.

• 31:03Sam Parr?

  To a cable company, to like an Australian cable company that I'd never heard of. I think they're popular in New York. I think they have like a thing in New York too. And he sold it and he totally pulled it off and he completely disappeared. He fell off the map before he was like speaking at all these conferences, but he called his shot and he nailed it. And I remember talking to other guys who worked in the media industry and they're like, yeah, he told me the exact same thing and he absolutely called this shot. And this guy is so aggressive, man. He's a shark, not in a bad way, but like he just bulldozed through this. It just put so much intensity and energy and he pulled it off. But the reason I'm bringing this up, he did it. And then another woman who were friends with Rebecca, I asked her how she got popular on YouTube. She's like, well, I just quit my job and I like worked 50 hours a week and I had like, I got up at nine and I like worked till seven and like I studied the data and I just treated it like a business and it like became popular.

• 31:48Sam Parr?

  Now I make, you know, seven or eight figures, whatever she makes a year and I'm rich and famous and whatever it worked because I was talented and I worked hard and I treated it like a job. What I think is going to happen, and we, this is a little circle jerky because both you and I like Twitter. I think that very few people take Twitter seriously enough to do that. You know, like five or eight years ago, we'd be like, Mr. Beast, you're going to like dedicate your life to YouTube? That's the stupidest thing ever. That won't work. Like, what are you doing? This is just a hobby. This is a joke. Now it's not, it's not funny. Like, we all know that like, that's real. You can become a YouTuber and you know, you could be like Mr. Beast and make hundreds of millions of dollars a year. You can become a TikToker and become like some of these other famous people and do all this crazy stuff. No one takes that seriously about Twitter where they think like, well, you know, if

• 32:31Sam Parr?

  you just like quit and like take this seriously and like build a following and like write interesting stuff. And I think in the next two or three years, we might see like a few empires be built on top of Twitter. And it sounds kind of silly now because like, oh, it's just these like stupid like, you know, Twitter threads of guys talking about X, Y, and Z and summarizing Wikipedia. And they're kind of right, but I think that there's going to be someone on Twitter that treats it kind of like Cheddar did. It's kind of like Mr. Beast and they take it really seriously. And I think there's actually a huge opening and a huge gap in the market right now where very few people are taking it seriously. And it's incredibly easy to capitalize on this second right now.

• 33:08Shaan Puri?

  This is one of the more interesting things I feel like you said. This is, I actually, I don't even

• 33:13Sam Parr?

  got them.

• 33:13Shaan Puri?

  You normally think like this. I feel like this is like a, this is not your, you say a lot of interesting stuff, but it's, you're, you usually fall into, I found this really interesting diamond in the rough. You're amazing at that. Another is, I see what these people are doing and let me break it down in simple terms, like all they're doing is X. And sometimes you're like, uh, you know, this is a trend or an industry I see. This is different. This is like, this is something, something different. So I like, I like that you're bringing this up. Let's break this down. So every

• 33:47Sam Parr?

  Do you agree with me?

• 33:48Shaan Puri?

  At first, when you, I think you tweeted this out and I was like, I don't really understand what he's talking, I didn't really understand it. Uh, then you just explained it and it's, I'm starting to come around on it. I'm like, oh wait, he's kind of right. Every big social media platform has like native stars. So yes, if you're, uh, you know, whatever, you're the president and you go on Twitter, you're going to get a bunch of followers. That's one thing. But basically if you take every medium, so podcasting, you have Joe Rogan, you have like, then the people like Joe Rogan, you have the call her daddies and you have like other tip Ferris, you have other people who like, they become stars on that platform and they use that to build a pretty big empire, you know, tens of millions, if not hundreds of millions that

• 34:32Shaan Puri?

  they can make off of it. YouTube, obviously there's YouTubers. Tik Tok has Tik Tok stars, people who were not famous on YouTube, but got famous on Tik Tok. Instagram also, right? There's Instagram models and Instagram like influencers that they were nobody and they became big on Instagram.

• 34:48Sam Parr?

  Multi-billion dollar companies. We're talking, you know, Kardashians, Rihanna, like these like huge things.

• 34:54Shaan Puri?

  Well, I think they were Rihanna, Kardashians, they were big off of Instagram. They were big without it, like Instagram also and Instagram had turbocharged to them, but like, there are other people that are, you know, um, just Instagram, like Instagram made them famous, like Dan Bilzerian is a good example.

• 35:09Sam Parr?

  Right.

• 35:09Shaan Puri?

  It's like, he's not famous without Instagram, then with Instagram, he becomes famous and then now he does multiple platforms, right? By the end, everybody does multiple platforms, but. You kind of, you're really good at the medium. So like, for example, Dan Bilzerian takes photos of himself blowing up cars with hot girls in bikinis. Guess what? Instagram is a visual, like, you know, put one killer image on there and they're amazing at it. And so that worked really well there. You're kind of right. Who is that on Twitter? Who is, who is a Twitter native star? I don't even know what that would be. Like, is there somebody?

• 35:43Sam Parr?

  There's a, there's a few. Like, I would say like,

• 35:46Shaan Puri?

  And I'm on Twitter 10 times a day. Like, how do I not know this?

• 35:49Sam Parr?

  Like, you and I are like very miniature versions, but we haven't really like, I'm talking like Sahil's a bigger version. So our friend Sahil Bloom, Trung, who used to work for me, he is kind of like that. But, you know, we're still talking like 500,000 followers. No one has really pushed it to where it's like, how do I get 10 or 20 million? You know, how do I become like, how do I build a proper empire as opposed to a niche? Now, the difference is, uh, basically between everything you mentioned and Twitter is Twitter is copy based, text based, whereas the other ones are visual based. So I think there's one of two routes that's going to happen. You figure out how to add visuals to your thing and videos don't usually do that well on Twitter, but pictures do. Or you just get really good at writing. And I was like, well, writing's not that important.

• 36:30Sam Parr?

  But I'm like, wait, no, I'm an idiot. Like, you know who Danielle Steele or James Patterson is?

• 36:35Shaan Puri?

  Yeah, yeah, yeah.

• 36:36Sam Parr?

  These people have sold literally, like, I believe Danielle Steele has sold like 100 million plus books. I don't know if you know this, but in San Francisco, she's got like the biggest mansion in San Francisco.

• 36:47Shaan Puri?

  Fattest house. The big billionaires row, her house is like the big fortress.

• 36:52Sam Parr?

  Yeah. And then you got James Patterson. I bet you he's a billionaire too. James Patterson basically writes like 50 books a year. I don't even know if he writes a lot of them, if he just smacks his logo on it. But like, you know, I was thinking like,

• 37:04Shaan Puri?

  50 books a year? That sounds outrageous, but okay.

• 37:06Sam Parr?

  Uh, I, I forget, but it's maybe one of, it's like one a month. It'll say like, you know, um, what he does is like, it'll be like, uh, written by James Patterson and Bill Clinton. And then it says like, and also this other name. And it's like a duo about them. It's like a story written about like the White House or something like that. And he like partners, it's like this weird thing that he does. He, he writes a ton. He's prolific and a lot of like, like real quote authors, like these like artist folks are like, oh, that's just garbage. But he's like, dude, I don't care. I'm pumping this shit out. Anyway.

• 37:38Sam Parr?

  Authors like definitely crush it still and the power of the written word is very powerful enough to like, you know, get these people to buy all these books and I still think that's possible, but I, I do think that we're going to see like an empire built on top of Twitter. Arguably you and I have created, we've easily created seven figures of personal income through Twitter. Maybe you could say even, I would have to add it up, maybe eight figures, but a lot. Uh, I think though that there's going to be literally billionaires created on Twitter and it hasn't happened yet though.

• 38:11Shaan Puri?

  Wow. Uh, yeah. What's, we can't call ours empires. Like what's a, what's a very, very small, like a Lego.

• 38:18Sam Parr?

  Like a convenience store.

• 38:20Shaan Puri?

  Yeah. Like we, we created like a quickie mart.

• 38:23Sam Parr?

  Yeah. We own like four Burger Kings. You know what I mean?

• 38:27Shaan Puri?

  You're right. That's Sahil and Trung are good examples of like, they actually try. So like, they like religiously write content. They schedule it. They research it. They like publish. They like try to amplify it. They have calls to action at the bottom and it works. And I've seen them crawl from zero to Sahil's at like half a million, maybe more. I don't know.

• 38:50Sam Parr?

  Dude, a lot of people don't even know that Trung, so Trung worked at the hustle. He wrote the daily email. We found him when he was working at like a, as a financial analyst analyst, not like, it was all internal reports. We like, he signed up for Twitter while he worked at my company and we all like shared each other in this like silly circle jerk circle. And now he's got 600,000 followers and he's like a personality and like people know him. Like they talk about him and how he's funny and all this stuff. And I think it's going to happen. And like, when I tweeted out that event thing, a thousand people signed up and I'm like, oh my God, like, why aren't, you actually see Instagram, like you'll see like the Logan, uh, the Jake Pauls and Logan Paul, they'll like say like, I'm going to be, when they were starting on YouTube, they're like, we're going to be at this location, come. And they film

• 39:33Sam Parr?

  all these crazy videos of all these people around us. No one's doing that shit for Twitter. And, and I think that someone needs to just take the YouTuber playbook and just deploy it here and take it full time and seriously. And they could create tens or hundreds of millions of dollars of wealth.

• 39:46Shaan Puri?

  And so what would you do? Cause like, I think, well, the guys we talked about, they, you know, Sahil basically does like, kind of like mental model, intellectual like stuff where it's like, oh, you know, either like, kind of what I'll call like the generic life advice, generic business advice, or like, um, you know, hey, let me tell you about this phenomenon in psychology about cognitive biases. And here's 30 cognitive biases you want to be aware of. And like, I don't know why these do so well. They do incredibly well. Uh, that's not my cup of tea, but it's definitely other people's cup of tea for that.

• 40:16Sam Parr?

  Here's what they need to do. Here's how you cross the chasm. Here's how you cross this threshold. So basically, these guys are popular on this Twitter medium and Twitter is a, it feels like a one to one a little bit, or maybe like a one to 10. It's like me and my 10 friends like consume this and we'll joke about it. But I'm not talking to a guy on the train or I'm not like talking, telling a family member like, hey, uh, you know, did you guys see X, Y, and Z? Like, we're not talking about that. So what they need to do is two things. Number one, they need to meet up with like mainstream celebrity people or like mainstream people and take pictures with them and show it. And it's like, oh man, this guy's like bigger than just my little audience. Look at this. Like these people like Arnold Schwarzenegger likes this person and took a photo with them? That's amazing. The second thing that they need to do is they need to get off of Twitter and into

• 41:01Sam Parr?

  real life. So for example, in the early 2010s, when the casters of the world were coming out, subways in Manhattan were underpriced in the, for the billboards. And a couple of these companies like Subway, Oscar, they go, let's advertise on these billboards down in the subway. And then we'll actually buy real billboards. And people are like, why would you do that? Like, we could track all this on the internet. And they're like, well, because if we get it out off of the internet, it's going to seem more than just an online thing. And it's going to feel more like a real tangible thing. You know, you're going to see like this ad next to like, uh, you know, a Ford ad and next to this thing. It's going to feel like this is actually a little bit more legitimate. And so what they need to figure out is how to do that. So you do that by having real life events. You do that by like getting a book that you publish. You get that by getting a cameo on a TV show and

• 41:44Sam Parr?

  you like get everyone in on the joke. It's like, hey, everyone, check this out. Uh, they asked me to be a background on Friends. Like here, look, you could see my head. Isn't that hilarious? Like you do these things like that where it's like real life and like bigger than just this one to 10 thing. And then people start taking you seriously and realize that it creates FOMO and it creates, um, social proof and you start becoming actually culturally relevant. You know what I mean? And that's how you should do it. So you just like take pictures with you and celebrities and then try to, uh, get in more in-person stuff. So you're off of the internet. And I think that would work.

• 42:13Shaan Puri?

  Yeah, I think I think that's good advice. Like, people will believe about you what you believe about yourself. And and also, people will believe about you what they think others believe about you. So if I see you hanging out, you know, if I see you, this is why YouTube works, right? Like, people on YouTube will have like, you know, or Instagram, they'll have like, they're taking a picture, but it's actually the background. That's the picture. It's like, I'm just trying to show you that I'm sitting in this car or at this place or with these people. And there's like, everything that's said is actually in the background. The foreground is just kind of like your excuse to say it.

• 42:50Sam Parr?

  Or when Casey Neistat's like walking through New York and he has kids coming up to him and goes, hey, what's up, kid? Say hi to the, you're on the vlog. Like, you know what I mean? It's like, oh, wow. Like, in New York, Casey gets recognized everywhere. He's more than just what I see on my screen.

• 43:02Shaan Puri?

  And like celebrities do this, they like, when they like tip off, you know, the paparazzi to come like, take pictures of them. And they're like, they like, pretend like they're trying to not be seen, but then like, they actually, it's like a deal. Like, hey, dude, I'm gonna be here. Come up, come show up and take my photo. And then we're gonna use that photo for this. Or they'll like, you know, do stuff like that. So so I think that's a thing. Like, I had a buddy who created a, he's got like an online e-commerce brand. They opened up their first store. The store's not gonna do that many sales, but just showing that, hey, we opened our first store in New York. It's like, kind of like, you know, wherever in New York, some like, small place. And it's like, just that makes it feel like this brand is more trustworthy, it's more established, it's more legit. And then they had a bunch of friends, like 15 friends show up, and they were like, doing a ribbon, ribbon cutting ceremony.

• 43:45Shaan Puri?

  And the friends are all like, hey, wow, yeah, hey, question for you, like, you know, like, trying to pretend like they're the media. And and and like, if you zoomed out, it's like 10 people standing in a small cluster. But like, from the right angle, it looked like a mob was at the store. And again, it's like, this perception creates some version of reality. So I definitely think that helps. I don't think that's enough to build the empire. I think you gotta do two things. One, Be in it for like the next seven years. Like Mr. Beast, all these guys, they didn't start with like, you know, as big as they are. It takes like five to seven years to build something like really truly massive. The second is I would stop trying to jump off Twitter and go to other places and be like, this is where the good shit is. I'm going to master this medium and this media.

• 44:29Sam Parr?

  Totally.

• 44:30Shaan Puri?

  I'm going to make it work here. The third is I would do some of the stuff that just helps build fame in the first place. So I think having your lane or your niche helps because it'll attract people who are interested in that. Second, controversy or collabing with others, I think is going to work, you know?

• 44:47Sam Parr?

  And people don't do controversial stuff really on Twitter right now. But it should be like, oh my God, I called in to like this show and I got, you know how people used to call into Howard Stern and like get him to like say this crazy shit like, check this out, got him, you know what I mean?

• 45:00Shaan Puri?

  Well, some people do it that, and it works. Like there's a guy who's doing this with Zach Weinberg or something like that.

• 45:06Sam Parr?

  Yeah, he's hilarious. I love that guy.

• 45:07Shaan Puri?

  Built and sold like, I don't know, a $2 billion company in like the biotech space or some shit like that. But why does everybody know him? Cause he's the guy who just will consistently shit on crypto. He just is challenging people to fight about crypto and he's just trying to debate them in public and embarrass them. That is his whole shtick and he's getting so much fame for dunking on people in crypto. And because there's a set of audience that likes to A, watch a fight. And B, that likes to, that is anti-crypta, has some anti-crypta feelings and they're like, he is their champion. You go debate people because I don't know if I'd be able to. And so that's a

• 45:40Sam Parr?

  That's exactly how Ben Shapiro got famous too, by the way.

• 45:43Shaan Puri?

  And on top of that, then you have like Keith Roy or whatever, people who are just like a dick to other people. Like he'll just like respond to somebody like, wrong. And they're like, well, explain like, you know, I'd love to hear your perspective. And he's like, I don't share my perspective with fucking losers. He'll like, he'll shit on you once and then he'll, even if you try in good faith to come back, he'll be like, The data is out there. Go read a book.

• 46:05Sam Parr?

  Yeah, one time he was like, one time, the best thing goes, I've forgotten more about startups than you'll ever even know.

• 46:11Shaan Puri?

  Yeah, exactly. Or he'll be like, call me after your sixth unicorn, because that's where I am, or whatever, you know, like, he's like, you know, obnoxiously, just like, shitting on people. And it's hilarious. And because of that, like, the controversy spread. Some people hate him, some people love him. And he kind of uses that to, to, to, to grow. So anyways, I think controversy is also another underrated thing. There's a bunch of things that people need to do, but I would say the main one is like, find your, your angle, your hook, your niche, like for Casey Neistat, it's the daily vlog. For other people, it's the explainer videos. It's like, whatever. You got to find that for you on Twitter and then like, do it for five to seven years and have faith that like, just like it wasn't obvious that being a YouTuber was just such a big deal back then. I think it's not that obvious. You know, to your point that you could do this on Twitter, too.

• 46:57Sam Parr?

  Yeah, I, uh, so that's my, that's my, I'm, I'm, that's my pitch. I think it could be cool.

• 47:04Shaan Puri?

  All right. Can I tell you about something that I kind of knew about, but has recently blown my mind?

• 47:10Sam Parr?

  Yeah.

• 47:11Shaan Puri?

  It's the Teal Fellowship. So you know,

• 47:13Sam Parr?

  Yeah, it's amazing.

• 47:14Shaan Puri?

  What the Teal Fellowship is. Ben, I'm curious. Do you know what the Teal Fellowship is? Come, come off mute for a bit. Because I think Sam already knows. I want to talk to somebody who's maybe more where the audience is, which may, you know, aware, but not familiar.

• 47:25Ben?

  Yeah. So I know the Teal Fellowship is, I'll tell you just my impression of someone who doesn't know a ton about it is just that it's for essentially high schoolers who are super geniuses and Peter Thiel is going to give you a bunch of money in order to not go to college and do something cool instead.

• 47:40Shaan Puri?

  Kind of. You're in, it's actually, I think it's actually for people in college to leave college for a year. So 100K to basically leave college for a year and work on something interesting. And Ben, if I asked you like, hey, is it like, successful, unsuccessful? Do you have any idea?

• 47:57Ben?

  Um, no, except for that I know, um,

• 48:02Ben?

  uh, what's his name did it? Uh, the guy who did Ethereum.

• 48:05Shaan Puri?

  Vitalik. Yeah, exactly.

• 48:06Ben?

  Vitalik. Yeah, yeah.

• 48:07Shaan Puri?

  So.

• 48:09Ben?

  Which, by the way, I still haven't told my Vitalik story on air, which is I was in Amsterdam and I saw him and I couldn't think what to say. And he's walking right past me and I just turned and went, you're Vitalik. And he didn't like look or say anything. He just kept walking, but it was him.

• 48:24Sam Parr?

  Did he have security with him?

• 48:26Ben?

  No, he was walking all alone on the streets of Amsterdam at, at 8:00 AM in the morning. It was just us.

• 48:35Ben?

  Our software is the worst.

• 48:36Speaker 05

  Have you heard of HubSpot? 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.

• 48:50Shaan Puri?

  Yeah, I, we need to protect this man. He never has security with him and he's just like wanders around random cafes and goes to events and stuff like this. I'm like, dude, yeah, I really hope he's got such good security that you just can't see them. That's what I'll tell myself.

• 49:05Shaan Puri?

  So this Teal Fellowship thing is amazing. The Teal Fellowship was exactly what you said. Peter Thiel comes out, Peter Thiel is the kind of original founder of PayPal. He was the first investor in Facebook, put 500K into Facebook early on, which became hundreds of millions of dollars, not billions of dollars. And also a prolific investor in a bunch of other things, including SpaceX and other businesses. So Peter Thiel comes out and he basically says, "College education is a bubble." He says, "College education is sort of a joke." He's like, you know, it hides under this, this, this like banner, like it's teaching you something, like you're getting information, but really what you're getting is some version

• 49:46Shaan Puri?

  of like an insurance policy, like, "I got this degree, so I'm not going to fall through the cracks of society." And you're getting like, you know, some status symbol, like, "Oh, I got this stamp on my thing." So it's like a luxury, it's like a luxury product, like wearing a nice bag. Your Harvard degree is like your Louis Vuitton bag. And so he talks about college and he's like, "It's, costs just keep going up and up and up, but the value and the salaries that you make don't go up." And so it's this like overpriced bubble, just like the housing bubble. He says, and he says, "I'm going to offer, I'm going to offer something called the Teal Fellowship, which is $100,000 if you drop out of college and go work on something interesting." And a bunch of people criticize him. They say, "Dude, how dare you, you're telling kids, like, the normal phrase is, 'Kids, stay in school.'"

• 50:31Shaan Puri?

  You're like, "We get it, you're contrarian, you're saying, 'Kids, don't stay in school.'" And you're like trying to get people to drop out, like, what kind of like, "You're worse than a vape." You know, and so, you know, people didn't like what he was doing. And other people were just like, "Oh, it's cool, but like, you know, who knows if this is going to work or not." Like, "All right, you're going to pay this kid 100 grand to, you know, do a summer project? Great, so what?" This thing is amazing. It is produced-

• 50:57Sam Parr?

  Yeah, it worked out really well, didn't it?

• 51:00Shaan Puri?

  And nobody talks about it. So let me tell you some of the things that have come out of this. You have, like you said, Ethereum, which is like a $170 billion market cap thing that came from Vitalik. Probably like this generation's version of Facebook is like, you know, is Ethereum. So that comes out of this where Vitalik does the Teal Fellowship and continues, you know, working on Ethereum during that time. And, uh, and he launches. So that's one super, super, super successful thing. Also, Figma, which is like a somewhere between five and $10 billion-

• 51:31Sam Parr?

  Closer to 10.

• 51:33Shaan Puri?

  That takes on Adobe in the design space. And, uh, Dylan, who is, you know, the founder of Figma was in the, was in the Teal Fellowship. Uh, another one, Oyo Rooms. So this is in India. It's like a, um, you know, kind of like a Airbnb-ish sort of thing. It's like a hospitality, uh, you know, website. Oyo Rooms, multi-billion dollar company.

• 51:55Sam Parr?

  Tens of billions, I think.

• 51:56Shaan Puri?

  Luminary Technologies. Um, most people don't know this. It's a like LIDAR company that basically, uh, the technology you need for self-driving cars. And this thing, I think, went public in a SPAC. This guy's like, I don't know, 21, 22 years old, 23 years old, something like that. And he's worth like a billion dollars. He's like one of the world's youngest billionaires, if not the youngest billionaire off of this thing. That is just alone is crazy. Also Polkadot, another crypto protocol valued at, you know, $7 billion. Like I just told you, basically $200 billion worth of business value that has come from this program and it's-

• 52:31Sam Parr?

  But then there's way more. There, there's actually like a, uh, dozens that are in like the $100 million range. I invested in a company that recently raised another round. I think it was owner.com, the guy Adam. He, uh, he was a, a Teal Fellow and I believe, I mean, that, that, that potentially could be a unicorn, but it's hundreds of millions for sure. Uh, and there's like dozens more like that.

• 52:50Shaan Puri?

  The reason I got reminded of this was because I invested in Italic and Jeremy Kai is the founder of Italic. And he was like, oh yeah, I was a Teal fellow. That's how I was like, how did we meet eventually? He's like, oh yeah, I was a Teal fellow. We came to your office and you gave a talk and I thought it was awesome. And so that's why we kept in touch. And I was like, dude, was it Vitalik in the room? He's like, I don't think he's like, I don't think he was at that event. But he's like, dude, he used to like crash on our couch. Like, you know, he was part of the program. And he's like, he's, I was like, what was he like? He's like, he's genuinely the weirdest person ever, like the weirdest person I've ever met. And like, he's like, yeah, in a good way, in a bad way, nothing like, he's just nothing like, nothing like I've ever seen. It's different, different sort of cat. And I was like, this is, this is too good.

• 53:32Sam Parr?

  I think, I think you should keep using the word cat, by the way.

• 53:35Shaan Puri?

  You like how I did that? I've been, yeah, I'm workshopping right now.

• 53:38Sam Parr?

  Yeah, it looks good on you.

• 53:42Shaan Puri?

  Yeah, I take it out for a spin. I take it out of the garage, you know, you know, twice a week. And I just see, do people kind of like flinch when I say that, you know?

• 53:50Sam Parr?

  It was a good flinch.

• 53:52Shaan Puri?

  Tried it with lit and that was, I had to put that one back in storage.

• 53:55Sam Parr?

  No, you're too old.

• 53:56Shaan Puri?

  Coming back out. I put that one on eBay, actually. Got rid of it.

• 53:58Sam Parr?

  Yeah, no, you're, yeah, you're, you're, you're too much of a gray bush for that one. But cat, yeah, cat was cool. I would stick with cat. But it is crazy, man. This, the Peter Teal, I thought at first it was real, it was kind of stupid. I'm like, dude, this is weird. Like, what are these like little 18 year old nerds? Like, they're not going to do anything interesting. Obviously, I was wrong. Um, I like, I, when I, when I, when I was like rethinking my opinion on it, I was like, wow, I guess just like, high IQ matters. Like, these guys, they're just, they have more power than I do. I always say they're just, they're higher, you're higher functioning than me. You know, that's just the only way I can describe it. You have more horsepower, your oven burns hotter. And it actually, it truly matters and it makes a difference.

• 54:40Shaan Puri?

  Your oven burns hotter. It's so good.

• 54:46Shaan Puri?

  Oh God, I love that.

• 54:47Speaker 06

  You know what I mean? They just got that, they got that, that heater furnace.

• 54:52Shaan Puri?

  That's how I felt. When I was at Twitch, I was like, I was like, okay, let's see what are the like, you know, I had kind of had opinions from the outside. Like, okay, at these big tech companies, what are the people like? What are the execs like? What are the average people like, you know? How hard do they work? How smart are they like? You know, do they have like all these processes that are way better than the messy stuff I was doing at my startup? And like, you know, for the most part, I would say it's kind of like, you know, I walked out a little cockier than I came in. I came in pretty cocky and that's what I was, you know, just sort of like, oh, okay. Like, you know, they don't have some magic, you know, processes or the people aren't that much better. Except like two or three people at the company, one of which was Emmett, who's the founder.

• 55:31Shaan Puri?

  You know, we would sit down and he, there would be like, you know, data science would be presenting some report on like, you know, some trends. And I'm just sitting there trying to like, it's a six page memo. I'm trying to like, stop yawning because it's like, I'm just like, why do I keep yawning? I'm having this like, you know, reflex and I'm reading this thing. I'm just trying to understand these charts and like, you just hear this little click and it's like someone's pen is down. And it's like, you know, if you're taking a math, that's like, who's done with the test already? And it would be Emmett, he'd be like, pen's down. He'd be playing Hearthstone on his phone and you're like, no, he like, he must've already read this or like, you know, he must've skimmed. And then, then they're like, all right, yeah, we're ready to start the discussion.

• 56:10Shaan Puri?

  And he would be like, so on page three, you know, this chart, actually I noticed that the axis is a little wrong because, you know, if this was true, then, but then this other chart on page seven would show this. I'm like, what the, you know, what is happening? How is your brain processing this much information this quickly? And somehow always getting to like, like the heart of the issue. It's like, we all spent our time and energy like trying to parse out what's important. Like he immediately got to what was important and had the conclusion and had like the follow up question and also identified why this paper wasn't very good in the first place. And once I saw the brain doing that, I was like, oh, okay. There's just some cars, you know, have more horsepower, like, or as you said, the oven burns a little hotter and like, his oven burns way hotter than mine. And I was like, oh, that's good to know.

• 56:54Shaan Puri?

  Like, because I have this thing I always say, I like to see what level 12 looks like. Like, what is, oh, that speaker system's a little too loud for me. But like, I want to know what volume on 12 even is. I want to feel, you know, my own chest leader like vibrating with the bass. And it's like, okay, I don't want to be somebody who never sees it. I want to see it.

• 57:15Sam Parr?

  What was he like in like real life, like outside of work? Because have you ever seen some of these people interact in like normal like life? Like they like, I told you about one friend that's like in intense and he literally only owns a T, two T-shirts, one pair of underwear, one pair of socks and his laptop. That's like the only thing he owns and he's worth hundreds of millions of dollars. And then like, I know a bunch of these guys that are like this and like for hobbies, they're just all in. And like, so if they're into like, uh, you know, like fucking their body or something, they've got like every gadget you could ever imagine and they're, they could tell you all about it. And or if they're into dieting, they've got like their pant, like my friend Jack, he's in a uh, supplements and he's got literally $30,000 worth of supplements in a closet. And they'd be like, what's this do, what's this do, what's this do? And he just like tests everything.

• 58:00Sam Parr?

  What was he like in uh, like, like, was he like, uh, if he's into cars, could he like, tell you every single thing about like a Porsche and what year it was from and why it was special?

• 58:10Shaan Puri?

  Yeah, yes, but before I tell you about him, uh, I just read this thing that was like about Sergey Brin, the co-founder of Google. And it's like, oh, what is Sergey like, you know, cause he's in the news because of the, his wife and Elon, all that stuff. And some people are like, what is Sergey doing nowadays? Cause he's not, I don't think he's at Google anymore. Um, and it said over the last year or two, he's become very into personal fitness. In fact, he has been trying to master several Olympic sports. And I was like, what?

• 58:36Sam Parr?

  Dude, I don't know, man. I looked at this guy, what like, what Olympic sport? Uh, ping pong? I don't know, like seat shooting? Yeah.

• 58:43Shaan Puri?

  Curling. Um, yeah. The other one is, it said, he's currently writing a physics textbook. And I was like, of course he's writing a physics textbook.

• 58:51Sam Parr?

  That's more like it.

• 58:52Shaan Puri?

  Come on. Um, so anyways, that, yeah, these guys are wired like that where like, when they go in, they go in like very deep. Uh, and honestly, I don't know him super well because I interacted with him mostly at work. And anytime it was outside of work, it was, it was really cool, but it was like, you know, limited. It wasn't like I hung out with him like a hundred times. It would maybe be more like five times, you know, something like that over the couple of years that I was there. Um, what I would say is like a couple of little things that stood out. One, he's like us, he's an idea machine. In fact, I need to get him on the podcast because

• 59:25Sam Parr?

  You've been saying that for three years now.

• 59:27Shaan Puri?

  I know, I know. And when I was there, I didn't ask him because I was like, uh, you know, already, you know, me doing this podcast is not, you know,

• 59:33Sam Parr?

  Yeah, you're like, hey dude, you want to bail at noon and go and record?

• 59:37Shaan Puri?

  Yeah, it's not everyone's favorite thing I do. Um, you know,

• 59:42Shaan Puri?

  But but I think now I could do it. But he would like, he told me this idea. He's like, I tell you about his gym idea?

• 59:48Sam Parr?

  No.

• 59:49Shaan Puri?

  He's like, he's like gyms, he's like gyms need to be made like video games. If I was gonna leave Twitch, I might start this. A gym that's structured like a video game. So he's like, this is how it works. You show up and you're like at the beginning character of a of a game. Like you show up and we give you kind of like your basic uniform. And we have a little little wrist strap that like tracks your level of like fitness and intensity as you work out. And you let basically level up. And so like, every time you come to the gym, you're earning points. And like, as you earn points, like we give you like better gear. Like we'll give you the like the the more fitted, you know, clothes that look cooler. And so you can like visibly see people's different levels as they go to the gym. You would be able to like go into certain sections of the gym that were previously locked to you. You would be able to get like protein shakes and stuff for free.

• 1:00:33Shaan Puri?

  And he's like, uh, he's like, I think if you gamify it a gym, people would come more. And like, actually, this is kind of played out with Peloton. Peloton is very much organized like this with leaderboards and stuff like that, gamification. But I was like, this is a crazy idea. He's like, yeah, it'd be like the World of Warcraft of gyms like. People would grind like years of their life to level up their character to 60. And they would like work to do it. He's like, I think you could do that with with a gym. I was like, wow.

• 1:00:56Sam Parr?

  Yeah, I mean, people do that with like karate and jujitsu, you know, black belt, brown belt, blue belt type.

• 1:01:01Shaan Puri?

  Exactly. And they stick with it and they keep showing up because.

• 1:01:03Sam Parr?

  For 10 plus years.

• 1:01:04Shaan Puri?

  And he's like, but you know, you don't want the increments to be like a year before you cease some progress. Like every time you come, you need to be earning a little bit more and getting a little bit more unlocked, you know, and see that the next milestone is just within reach. So I thought that was interesting. The second one, he was like.

• 1:01:19Shaan Puri?

  He's like, he was like trying to plug in the computer to like screen share one time with me. Like, uh, like normally these meetings are like set up by somebody else, but like if it's just you two, like, you gotta do it, plug it in. And he's like, he's fucking cables. He's like, you know, honestly, I think I could create like the apple for like accessories, for computer accessories. He's like, just like the best connecting cables, the best cable management, the best plugs. He's like, he's like, nobody, he's like, look at this. It's like every office in the world has these. And look at how bad they look, how ugly they are, how poorly they function, how confusing they are. He's like, I think you could just build like a really nicely designed cables and connectors and accessories company for every office in the country. And like, you know, people would, uh, people would pay for it. And I was like, huh, like, why do you think of these things? Like, this is weird. And so.

• 1:02:04Sam Parr?

  That's what people say about you.

• 1:02:05Shaan Puri?

  He had a dozen ideas that were like this when I was there. All right. That's one thing that I noticed.

• 1:02:09Sam Parr?

  We'll wrap this up real quick, but I um, there's this famous story. So this guy named Chris Saka was a popular investor and invested in Instagram and a bunch of other stuff and Uber. And he's supposed to be one of the best angel investors of all time. He told this story somewhere where he is in Tahoe or Truckee, where he has a home and he's with his dad. And Travis Kalanick, right when he was about to start Uber, came over to just spend the weekend, you know, a family vacation. And Travis and Chris Saka's dad, Mr. Saka, they start playing Wii Tennis. And Travis is playing and the dad's playing and they just like are being casual. And Travis was like, all right, you want to step it up? So he steps it up and he just crushes him.

• 1:02:50Sam Parr?

  And he just beats this guy like so bad. And Mr. Saka was like, what the hell, man? And Travis goes, I've got a surprise to show you. And he puts the Wii from his left hand into his right hand. He goes, I was playing left-handed the whole time. I'm actually right-handed. Let's really play. And he goes, Travis goes, all right, but I do have to tell you something. And they go to the ratings board and he's number two in the whole world at Wii Tennis. And Chris Saka was like, right then and there, I realized I never want to compete against this guy because his drive and his hobby is winning. And he just proved that like in his free time of starting this company, he's just going to be number one in the world at Wii Tennis, just because, just because he has to. And he just hustled my dad, thinking that he was left-handed and it worked perfectly.

• 1:03:35Sam Parr?

  This guy is a winner. And that's why Chris Saka said he invested in him. It's like, I just see his intensity in just walking around.

• 1:03:41Shaan Puri?

  Dude, 100% agree. Peter Thiel is the same way. He's like a master or grand master at chess. And like in the PayPal mafia, which is now like the most successful entrepreneur group ever. I think several of them were like very, very high level chess players that have gone through that. You know, that like we're in that thing. There's like something to the oven burns hotter. That's like true for some of these people. It's a combination of intensity and capability. That is, that is definitely true. Like another kind of like Emmett observation that I was like, huh, that's weird. That doesn't seem normal. So I guess two little ones. One was, I was like, what do you do for fun? Like, what do you, when you hang out, like, what are you doing? He's like, oh, like, I love board games. He's like, you should come over for like a board game night.

• 1:04:25Shaan Puri?

  And I was like, okay, like, what are we playing? Like, you know, Monopoly, like Twister? What do we got going here? And he's like, This looked at me like, we only pay like deep strategy games. And it was like, we only play Catan on like hard mode or like even Catan is like the beginner one. Like name two other games I don't even know about that like, you know, are like this, the like the board games that are like actually, you know, like multi level, multi hour strategy games. And basically it was him and the brothers from Stripe and like the founder of Reddit and they would just get together and play these games on the weekend. That's what they did.

• 1:04:57Sam Parr?

  That's exactly how I want them to spend their time.

• 1:05:00Shaan Puri?

  Exactly. So I thought that was kind of funny. And then the other one was like, we were in a meeting and we were talking about like, I don't know, like some policy like, oh, these, you know, whatever. Yes. Some girl streaming on Twitch and like her nipples showing like, is that okay? But it's like, you know, she lives in Denmark, you know, what are the rules around this? Should we ban her or like what? And and so there was always these policy questions coming up over and over and over again. And it felt like you can't win because whatever Twitch did, it was like, oh dude, they're trying to control us, censor us, like they're inconsistent. They should have also changed it over here. Like it was a no win policy. And then, you know, like he would, he would have these like, he would have these hobbies, which is like reading like old books that nobody would read, like no normal person's reading these books.

• 1:05:44Shaan Puri?

  And then he'd be able to connect the dots on two like completely unrelated things. It's sort of like Ben's podcast stuff where it's like, oh, actually like, you know, the Rothschilds similarly set this up in a, you know, set up their will in a weird way because of this. Maybe you should do this. Like dude, how do you know all this like really specific stuff from history? He would be like, do you know how the potato farmers governed their like, you know, farms in the Netherlands during the potato drought? And then like the head of policy at Twitch is like, no, just tell me what he's like. Actually, they had created this governing council that was blah, blah, blah. And like the cool thing about this rule of law was blah, blah. Maybe we should, you know, you should read that. Like, tell me what you think about it. And they're like, all right, like, where do I find this like out of print book that you read like randomly?

• 1:06:25Shaan Puri?

  And you remember what the potato farmers did? And so he would always bring these like really unrelated examples in. That was one thing. And the other one was he would debate you over semantics like to death. So you would be like, um, you know, like it'd be like an exec offsite. He'd be like, some people be like, you know, I just feel like we don't have enough like trust on the team and everyone's like nodding like, yeah, you know, like, you know, he's a collaboration is a problem or whatever. And he'd be like, well, is it trust or collaboration? Because trust means this and collaboration means this. Like, well, you know, just like the general like trust, collaboration, just like working together better. He's like, but like, again, define for me what you mean when you say trust. I just want to make sure I have it right. And he's not trying to like, it's not a gotcha. He wants, he's like a hyper literal person. So he's

• 1:07:10Shaan Puri?

  like, when you say it's failing, I take that to mean it's failing. Is it failing or is it this other thing? And people are like, just getting lost in the sauce of this like semantical debate. But like, he really wanted to be hyper literal about it. And I've never seen anybody do this in you know, there were upside that gave a bad example here, but like, I think you understand the general premise, which is that he really cared about words, what they mean and why we're using them and if we're using them correctly to describe what's going on. And everybody else was kind of hand wavy about stuff, especially like the higher you go up in organization, you sort of get paid for being sort of high hand wavy like a politician. And he was the opposite of that. So these were some of the things I noticed that now when I invest in founders, I'm like, I

• 1:07:54Shaan Puri?

  invested this guy who created this company called SkiO. And he's like, yeah, I'm just like, I was like, what'd you do before this? He's like, oh, I was a professional Call of Duty player. Like before that I was, you know, I was grinding in World of Warcraft. Like it was a waste of time, but like, yeah, you know, top three in the world or whatever. It's like, what? Oh, you were like a top three Starcraft player, like, you know, in this on the on the East Coast server. Like, okay, you're a winner and you're obsessive and you are like, you find the rules of the game and then you like optimize to win it. And sure enough, now like with his thing, he's just like a wrecking ball with like acquiring customers because he just find this is the new game and he's like finding rules and he's like maximizing his edge and everything that he can do to the point where he's kind of like a nut job. But like, you know, it works.

• 1:08:39Sam Parr?

  At the end of episodes like this, I'm exhausted. I feel like I just exerted so much energy, both listening and speaking. Do you have to take a nap at the end of this? Because you just spoke like with incredibly high energy for, we've done this for, we're an hour and 17 minutes in. Do you get exhausted? I take naps after.

• 1:08:59Shaan Puri?

  No, not at all. I leave these on a high.

• 1:09:03Sam Parr?

  So do I, but then I need to go to.

• 1:09:06Sam Parr?

  You, well, yeah, you never have water. I usually drink three drinks while I'm doing these, but like I'm exhausted. I get exhausted just listening.

• 1:09:15Shaan Puri?

  Well, that's probably my fault. So I'm sorry.

• 1:09:19Sam Parr?

  No, no, it's a good exhausted. I'm like, God, I just learned so much and I need to get so much better at this, this and this by hearing this story. And I was just so intensely listening and enthralled by this conversation that I need a nap. I've got to go lay down. I gotta go rest.

• 1:09:35Shaan Puri?

  Balaji went on Tim Ferriss's podcast and do like a three hour podcast and I listened to it last night. And like literally while it was happening, I could feel my brain fatiguing, just trying to like digest what this man was saying. He's so, by the way, you also hear Tim, Tim Ferriss sound, I loved him first. Tim Ferriss sounds like an absolutely defeated man on these podcasts with Balaji. Cause Balaji would be like, um, an arco, you know, on one hand you have the woke capitalist. On the other hand, you have the anarcho, uh, and are, you know, the anarcho capitalist. Do you know what I mean when I say that? And Tim's like, no, tell me. And like, that happens 40 times in the episode. He's like, um, are you familiar with the concept of the, uh, you know, the Schrodinger window?

• 1:10:14Shaan Puri?

  And Tim's like, um, no, but I assume you can tell me. And he's like, he just does that over and over and over.

• 1:10:21Sam Parr?

  Dude, what's that? When he was with us, he was like, he was like, you know, Bitcoin is kind of like Battle of the Bulge. And you remember how the Germans were doing it? I'm like, dude, I don't, I needed an analogy for your analogy. Like you don't, please don't reference Battle of the Bulge would try to explain a complicated topic. Like, you know, it's like, you know, Bitcoin's kind of like, uh, like neuroscience. Like, you know how like the chemicals of like this, this and this interact this way?

• 1:10:41Shaan Puri?

  Think about the, think of Bitcoin as the amygdala of the crypto economy. It's like, well, what's the amygdala, dude? I don't know.

• 1:10:48Shaan Puri?

  Yeah, that's what, that's what was happening. And, uh, I guess I did that to you in this case, but.

• 1:10:52Sam Parr?

  No, you're, you're, well, you're way dumber. I could totally keep up with that. It just was a good story.

• 1:10:58Shaan Puri?

  You just talk more.

• 1:11:00Sam Parr?

  No, I thought it was good. That was a compliment. I get exhausted because I'm like so into it. Like I like I I love hearing these stories so much.

• 1:11:09Shaan Puri?

  We used to do these mastermind dinners or hangouts where it'd be me, Sam, and like three other guys. And we'd meet up every two weeks or three weeks, something like that. And it would always be like, you know, each person gets 20 minutes and you'd sort of say what's going on in your business? What's working? And what you want help? What you want the other guys to like, you know, basically help you think through? And then, and those things last, basically, if you just do the math, it's like six people, 20 minutes each. But everybody runs 10 minutes over and like, you know, we start 10 minutes late. It's like this thing is three hours long and we would always start it after work. So we'd start it at like seven, it would finish at 10, 10:30. We skipped dinner. Nobody's like gone to the bathroom. And basically there was two reactions. Some people were like fucking exhausted by the end of this.

• 1:11:51Shaan Puri?

  And they're like, oh, this was great. But like, man, next time let's try to be a little shorter. And like, I get that logically. My reaction, and we used to do some of these at your office, I remember, at the Hustles office. I don't know if you noticed, I would leave your office at 10, 10:30 and I would go straight to my office. And I would just work for four or five straight hours because I was like.

• 1:12:10Sam Parr?

  I can't do that.

• 1:12:11Shaan Puri?

  I was so inspired. I was like a combination of inspired by the like your guys' awesomeness. Panicked that like, oh my God, I have so much I need to do that I now realize. And like, oh, fuck, I need to do all of this and I'm just going to try to do as much as I can tonight. And like I was, it was a combination of like enthusiasm and like feeling overwhelmed by like the amount of potential and ideas. And like stuff I could be doing to make our stuff grow more.

• 1:12:39Sam Parr?

  No, I gotta go like drink Gatorade and take a power nap.

• 1:12:45Sam Parr?

  Yeah, I need to fuel up. I better go eat a Cliff bar. I get worn out. I'm like, my blood sugar is low. I could feel it.

• 1:12:57Sam Parr?

  I guess that's the episode, right then?