We found the top 1% of the internet this week (so you don't have to)

Episode 718: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about stuff that hit the group chat this week. — Show Notes: (0:00) Apple Just Unlocked a $1B App Idea (04:13) McKinsey got $55M for This? (10:28) Frank Slootman’s Ice-Cold Advice (16:20) “Treat people well, and you’ll win.” (24:41)  Man steals $122 million from Facebook and Google, (28:17) ChatGPT’s $10B ARR retention curve (34:58) Elon v. Trump Meltdown (39:54) Ramp’s Monopolist Pitch Deck (46:22) Rich Guy House Alert: Gary Tan Edition (48:55) Sam’s First Ever Bookmark — Links: • Want Sam's top 7 books for entrepreneurs (& his reading strategy)? Get it here: https://clickhubspot.com/kmb • Apple AlarmKit announcement (WWDC) - https://developer.apple.com/wwdc23/ • Waymo Self-Driving Cars - https://waymo.com/ • Ramp (Eric Glyman’s company) - https://ramp.com/• Brex - https://www.brex.com/ • Amp It Up - https://tinyurl.com/5ak4ckux • Les Schwab: Pride in Performance - https://tinyurl.com/5ch39nrv • TBPN - https://www.youtube.com/@thebrospodcastnetwork — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N. A., and Evolve Bank & Trust, Members FDIC — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth • Sam’s List - http://samslist.co/ My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

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

• 0:00Shaan Puri?

  All right, Sam, why are we dressed so festive?

• 0:03Sam Parr?

  It's casual Friday, baby.

• 0:04Shaan Puri?

  It's casual Friday. And the best stuff is always in the group chat. And these are the things that I sent in the group chat that I wouldn't post publicly, but decided, you know what, it's casual Friday, let's air them out.

• 0:19Shaan Puri?

  All right, can we do the first one?

• 0:21Sam Parr?

  The first one, here it is.

• 0:23Shaan Puri?

  Okay, this is a tweet from Dylan. Dylan says, "At long last, any app can be your alarm app. Apple has finally introduced AlarmKit." This is what the Apple announced with the app this week. "That lets any app have the same privileges as the clock app. This is long overdue." Dylan, you are absolutely right.

• 0:40Sam Parr?

  Dude, I did not understand this. Is this a joke?

• 0:43Shaan Puri?

  No, this is real. So basically, you know, like, Apple gives you certain permissions, right? If you're an app, you can send push notifications. You could use the camera, you could use the GPS. But for a long time, no app could become your alarm app. It couldn't access the same features of an alarm app, which is like, now any app, you don't just have to use the Apple Alarm app. Anybody could build an app for alarm. Sounds small.

• 1:06Sam Parr?

  I don't understand. Yeah, this does sound small. So, change my mind, why is this important?

• 1:09Shaan Puri?

  So, think about it this way. There's like 2 billion people with iPhones. And, you know, not every app can address all 2 billion people, but an alarm clock can basically address like a billion or two people who actually have the need for an alarm clock. So, what happened was, 2 weeks ago, or, you know, a week ago, as an app developer, that was not a category you could be in. And now, it's a category you could be in, where there's a billion active users that might want your app. And there's been no creativity and no innovation. So like, the App Store's been out for, you know, 15 years now. So, a lot of stuff is solved, right? Camera apps are pretty good. Map apps are pretty good with Google Maps and Waze and, you know, ride sharing apps. There's all kinds of apps, and there's been tons of innovation.

• 1:54Shaan Puri?

  But this has been basically artificially blocked.

• 1:56Sam Parr?

  Wait, really quick, do you remember the joke of Peter Thiel, where he said, "You wanted flying cars, but you got 190 characters," like on Twitter?

• 2:04Shaan Puri?

  140.

• 2:05Sam Parr?

  140, this is the even worse version of that. "You wanted flying cars, now you can make alarm apps."

• 2:11Shaan Puri?

  You wanted AI, instead you got a snooze button? By the way, I met the guy who wrote that line for, or I didn't meet him, but I, I, I found out who wrote that line for Peter Thiel.

• 2:21Sam Parr?

  Wait, wait, wait, wait, you met him? Okay, you mistakenly said you met him versus you heard about him.

• 2:28Shaan Puri?

  I met a guy who was like, that's the guy who wrote that. That's Peter's guy. He, he comes up with those. And that was his job was basically follow Peter around, listen to what he's saying, and then try to like transform his sentiment into something really punchy. And that guy came up with that line, which became the basis for like Founder's Fund and like a rally cry.

• 2:50Sam Parr?

  That's cool. Well, tell him good job.

• 2:53Shaan Puri?

  All right, so check this out. Easy idea. David Goggins, would you like a million dollars? Cause David Goggins today should pay some kid to make the alarm app. That's basically the David Goggins skinned alarm app. Like I want to wake up with David Goggins just saying, wake up bitch, there's miles to run. And I just want to hear that when I wake up and not like, you know, the default alarm sound for, for my phone.

• 3:17Sam Parr?

  Are there, uh, when is this going live? When, when's this alarm kit thing?

• 3:22Shaan Puri?

  So they did the developer preview. That's what WWDC is, right? They tell you what's possible and you can start building with it, but it's not like available yet to customers, but it usually, I think it's just like a couple of months. It's like not, not very long.

• 3:33Sam Parr?

  This is low hanging fruit, my friend. It's a good idea. It's a good idea.

• 3:37Shaan Puri?

  This is fruit that might just be on the ground, actually. It might be rotting fruit. I'm not entirely sure.

• 3:42Sam Parr?

  Um, all right. Here we go.

• 3:44Shaan Puri?

  By the way, we're totally stealing this gimmick from our boys at TBPN. Shout out to John and Jordy. Part of the brotherhood.

• 3:52Sam Parr?

  But I gave them a shout out later on. One of my, one of my, uh, photos or tweets is from them, which is pretty funny.

• 3:58Shaan Puri?

  They basically had the, the true innovation of the podcast industry of printing out the tweets and, uh, we decided that we too shall now print out tweets. But I've been doing Five Tweet Tuesday for a lot longer than those guys, so I, I think I'm okay. All right. Uh, this one comes from Chris Baki. He says, this is a Chris Baki banger. He says, in 2022, McKinsey paid $55 million, was paid $55 million to advise Warner Brothers, uh, when they merged with Discovery. They charged them 37 million by advising them to change HBO to HBO Max, then to Max, then back to HBO Max. And in 2025, they billed them an additional 63 million again to determine that Warner Brothers and Discovery should be separate brands again.

• 4:38Sam Parr?

  Did you see that McKinsey last week laid off 15% of their staff?

• 4:43Shaan Puri?

  Because of AI? Because now like AI can do half the job or what? Is that why?

• 4:47Sam Parr?

  Yeah, for sure. This is, this is absolutely insane. What did you say? You're allergic to lack of common sense? This is ridiculous.

• 4:54Shaan Puri?

  This is exactly the sort of lack of common sense I was talking about. This tweet has 70,000 likes, by the way. I don't know if he totally made up these numbers or if these are true, but directionally correct. There were some good reactions to this. Greg, Greg tweeted, "Don't be the problem. Be the solution that creates the problem." That is my takeaway.

• 5:14Sam Parr?

  Yeah, it is pretty ridiculous. Have you ever had friends that have worked at McKinsey?

• 5:18Shaan Puri?

  Yeah, yeah. My buddy Ramin, who I do a bunch of business stuff with, he was a former McKinsey guy.

• 5:24Sam Parr?

  They're easy to make fun of because they're like, what does a 23-year-old know about business? But like, I have a friend that worked there and she had some pretty amazing, like, basically a PE firm, in her case, identified like a bunch of dairy farms that they wanted to like roll up. And so they bought a bunch of them, the PE firm did, and then they hired McKinsey folks to come and figure out how to make it more efficient. And so she literally would go to Iowa every single week for about six months and devise interesting things. Like, for example, we're gonna change the bucket size that we like use, that the workers use, like, really interesting things.

• 5:57Shaan Puri?

  Like, have you seen Landman?

• 5:59Sam Parr?

  Yes.

• 6:00Shaan Puri?

  When like the lawyer shows up on the, like, on the oil field and she's like, got her high heels, like, stuck in the mud, basically. That's what I'm imagining. The McKinsey consultants showing up at the cattle farm.

• 6:10Sam Parr?

  And it was kind of great. It's like, I learned about this whole, this whole experience she had. And there is value that is created from these consultants, even though we like to make fun of them. Have you, did Ramin actually work on anything interesting?

• 6:20Shaan Puri?

  Well, they deserve to be made fun of because they're incredibly smart. They get paid very well. So, you know, that means you're a punching bag, right? That's basically the criteria for like, oh, it's free game, right? It's like, what a nerd was in middle school. It's like the opposite traits, right? Like, the person you could give a swirly to in, in, in sort of junior high would be like, somebody who's sort of weak and powerless. But when you grow up, you can't make fun of the weak and powerless. You only make fun of the powerful. So yeah, Ramin was like this. Basically, he would tell me things that they would do. And I'm like, oh, that's really smart. I was kind of hoping you guys were a bunch of idiots. But actually, that sounds pretty good. But what I did come away with was they have huge brains, but small balls is generally like the person who stays in consulting. And that's like a

• 7:04Sam Parr?

  Which, by the way, that's the definition of anxiety is when you're The definition of anxiety is when your brain is a lot bigger than your balls. So that's probably why there's a bunch of anxious consultants running around.

• 7:18Shaan Puri?

  I like how you just, I like how you're just saying something is the definition of, absolutely not the definition of, and that's hilarious. I'm gonna start doing that. Well, you know, the root word of that, and then you just make it up. Not even the root word. All right, we got a couple more reactions. Our boy Ty Lopez comes in, comes in hot off the top of our lips. A good gig. You know, it's, you know, it's a good scam when Ty Lopez is giving you, giving you respect.

• 7:42Sam Parr?

  Oh, these are all replies to that original one. Okay. I didn't even, I wasn't even following that. Yeah.

• 7:47Shaan Puri?

  We're learning.

• 7:49Sam Parr?

  That's insane. And what about this one?

• 7:51Shaan Puri?

  This is the consulting meme, consulting. If you're not a part of the solution, there's really good money to be made in prolonging the problem.

• 8:02Shaan Puri?

  There's this thing that happens in sports that I've always wanted to be a part of business. So you know, in the UFC, how they have press conferences where they really talk shit about each other? And I've always felt like it's the best part. And, you know, I wish business people would do the same. Like, I wish right now

• 8:14Sam Parr?

  I've gone to them, by the way. They're awesome.

• 8:16Shaan Puri?

  You've been to the press conferences?

• 8:18Sam Parr?

  I've been. One time I tried to sneak in when I ran the Hustle. Like, I would try to like get, I couldn't get credi, I was like, let me see if I can get credential to this. And they didn't give it to me. And so I showed up anyway, and they kicked me out. So I, I went like, they made me walk to the back and like, sit with the crowd. And I, and I watched it. Yeah, it was great.

• 8:34Shaan Puri?

  They didn't respect the Hustle as a newsletter, as a media brand?

• 8:37Sam Parr?

  Dude, the Hustle is the worst name ever when you're trying to hustle someone. Like, I was

• 8:46Sam Parr?

  Do you know what I mean? It was just like some random security guard, and she

• 8:48Shaan Puri?

  My name's John Scam.

• 8:52Shaan Puri?

  Hoping you'd tell me your Coinbase password.

• 8:55Sam Parr?

  It was the worst. Like, the lady like giggled at me. And it was like, it was a pathetic laugh. It was like, so no, I got kicked out. It did not work. But if anyone's listening who works at the UFC, if you and I could get credentialed to go to a UFC event and ask a question, I would do that in a heartbeat, and I would take it incredibly seriously.

• 9:14Shaan Puri?

  Arguably too seriously. Might ruin the whole event.

• 9:18Sam Parr?

  All right, what do you have next? Do the Frank Slootman one.

• 9:21Shaan Puri?

  Oh, okay, this is good. This is related. This is actually related to what I was just talking about. So Frank Slootman, who is the man's band CEOs. He's the David Goggins of the corporate world. Would you agree?

• 9:33Sam Parr?

  Yeah, I mean, he's pretty baller. He's, he kind of says it like it is. For people don't know, he took over, he's been a bunch of, he's CEO of a bunch of companies, but he took over at Snowflake. And he has all these famous memos that he wrote on LinkedIn. And it was basically like, don't be a bitch, work hard. Like, that's like how he summarizes everything.

• 9:49Shaan Puri?

  Yeah, but it's a little bit different. So he's got this book called Amp It Up. But if you really, you could just read his blog post called Amp It Up and get 80% of the idea. It's not even just about working hard. It's like, pick up the pace. Pick up the, there's, his, his basic point is that in every organization, there's an incredible amount of slack that's just built up. It's an expectation of timelines, of rigor, of, of effort, of everything. And then another one of those is common sense. And like, his approach is just to cut through all the bullshit. And so he has this quote where he's like, talking about the man in the, you know, that famous like man in the arena quote?

• 10:24Sam Parr?

  Yeah, it's kind of, I, I kind of think that, that quote is super lame now. It's been hijacked by people I don't like.

• 10:30Shaan Puri?

  I know. Chamath, is what you're saying? Yeah.

• 10:33Sam Parr?

  Yeah.

• 10:35Shaan Puri?

  Was people a singular word?

• 10:39Shaan Puri?

  All right, here we go. So here's what Frank Slootman says. He says, "There's lots of people in this world who are not really in the arena. They're, they're either observers, consultants, or agents, or VCs that just provide capital. But there are some people who are in the arena, they're very special people." And then he says, he talks about, he was asked to speak at a business school where they always asked for his advice. He says, "You all have elite educations. You'll have many job offers paying you big bucks. Your parents and siblings will be incredibly proud of you. But they're all consulting jobs for Bain, McKinsey, and companies like that. You're going to have an easy path to pretty quick earnings, but you'll never know whether you have what it takes to actually build something new. In Roosevelt's words, 'You will be those cold and timid souls who neither know victory nor defeat.'"

• 11:23Shaan Puri?

  I had actually never read that part of the, of the quote. And I thought that part's way colder than the, than the, the rest of it. You know what I mean?

• 11:31Sam Parr?

  Imagine saying this to a room full of Stanford kids. It's like, I wonder what that, what do you think the reaction would have been like?

• 11:40Shaan Puri?

  I think the reaction would have been like, God, he's so right. After I finish up this first four-year tenure at McKinsey, then I'm totally gonna do that. I think that's the real, the true reaction. It's like, he's so right. I'm not actually gonna rescind the, I'm not actually gonna withdraw the job offer. I'm, I'll finish up, I'm gonna make sure I get the few years and then I'm gonna go do that thing someday.

• 11:59Sam Parr?

  I've hung out with like, my friends' children or, you know, people who are like in the, applying to college age right now. It's way different than when we were younger. Like, when we were younger, not going to college for a huge majority of people, for anyone that's like a middle-class on up. It was like, that wasn't even a question. Now, it definitely seems like the smart people are saying, I'm not sure what my, I'm weighing my options. I'm trying to look at all that's available. Have you noticed that?

• 12:24Shaan Puri?

  No, is that like, and when you say that they're thinking about like trade school or dropping out, or everything's on the table?

• 12:30Sam Parr?

  Yeah, so for people who-

• 12:31Shaan Puri?

  Are their parents entrepreneurs? Or are they like normal people?

• 12:35Sam Parr?

  The people who I know, it's just like, let's say cousins and nephews and things like that. And they're mostly like well-to-do, or at least like have a household income of $200,000. And it's basically like, and these are smart kids. So typically, when we were younger, Sean, the smart kids like always went to college. Now, the smart kids are like, I'm not sure, you know, I've been in contact with this company about just going, getting an internship right away, right at 19-years-old. Other people who are less of the academic, like they're, they're not like the geniuses, they are considering trade school. And it's not nearly looked, like, when I was younger, if you said you're going to trade school, it was like, it was like, is that like punishment for getting in trouble? Do you know what I mean?

• 13:13Shaan Puri?

  Oh, you're dumb.

• 13:14Sam Parr?

  Yeah. Now, I think there is a, there is 100% a change in sentiment.

• 13:20Shaan Puri?

  Well, that's good.

• 13:21Sam Parr?

  And I wonder, I wonder if, like, this whole MBAs are dumb, that's a new feeling-ish. That's like Peter Thiel was the one who popularized that, where he said, he goes, the valuation of your company, take a million dollars off for every MBA employee you have. And so now that's popular. And I wonder, the MBA people who are there now and who would hear something like this, how they feel, if they acknowledge it or if they don't.

• 13:43Shaan Puri?

  Right. That Peter Thiel quote is like how, that's like my parenting style. I'm like, one more word, one more word and we're not going to the pool for two days. Oh, oh, three days. And I just keep going. I'm just like, if you say one more thing, and you lose a little bit more.

• 13:57Sam Parr?

  Do you stick with it?

• 13:59Shaan Puri?

  There's all kinds of re-trades, dude. I'm, I'm Trump, I'm trumping the China deal right now.

• 14:05Sam Parr?

  Wait, you let your kids trade punishments?

• 14:07Shaan Puri?

  I raise the tariffs, and then there's a temporary pause for extenuating circumstances while we negotiate. And then we have some really good interactions and then we start thinking, and then they come back again and they do something, you know, they just throw their spaghetti on the floor and then we're back at 125% tariffs.

• 14:23Sam Parr?

  What age does punishment work? Because right now when they do something, I say no, it's just like they laugh at me.

• 14:28Shaan Puri?

  They can start to understand like cause and effect or consequences somewhere between two and three years old. I think you start to get it at a very basic level, but you also have to time it. So like, if the kid is emotionally upset or is feeling something, they're not going to learn the lesson in the moment or they're having to fit. Whereas like, I think as adults, we're like, well, this is why. And we're trying to like, explain the thing while they're like, you know, having their meltdown. It's like, you have to have, let the meltdown happen and then if you want to have a teaching moment, it's like, gotta come after. Which is probably true for adults too, but it's like very obvious with kids because they're literally melting down.

• 15:02Sam Parr?

  I gotta figure this out because I, yeah, I've been trying to like punish her, not punish her, but be like, no, you can't do this.

• 15:07Shaan Puri?

  Right.

• 15:08Sam Parr?

  And I just get laughed at. Um, all right, read the next one, so.

• 15:12Shaan Puri?

  This is one of yours, so it's a David Senra tweet. And he says, Charlie Munger told me, flex. Charlie Munger told me to read Les Schwab's autobiography. I'm glad I did because Les says things like this, quote, "Success in life is being a good husband, a good father, and you end up being a second father to hundreds of other men and women. Last night I attended a wedding of a young man from our office and the young man told me that two men had influenced his life, his father and me. That's worth more than money."

• 15:45Sam Parr?

  So this guy, Les Schwab, is amazing. I haven't completed his book, but I'm in the middle of reading it, but let me tell you about this guy.

• 15:52Shaan Puri?

  Sorry, dumb, dumb question, is Les, so there's Charles Schwab.

• 15:55Sam Parr?

  No relation.

• 15:56Shaan Puri?

  Okay.

• 15:57Sam Parr?

  He's, he's, he, he was a hillbilly in Oregon. Basically, uh, he was like orphaned at the age of like 13 or 14, uh, was like a plumber and then started a tire shop at the age of 31 or 32. Know anything about tires, but started a tire shop. Eventually, over the course of 50 years, it grew into a multi-billion dollar operation. And he's famous for being really great at incentivizing employees. And he's famous for being very good at managing and leading to the point where Warren Buffett and Charlie Munger looked to stories for, uh, from him on how to properly lead and incentivize. And then go to the next slide, look at what he looks like. So he was a hillbilly. He was, uh, he was a, he was like a from the streets type of guy. I've been thinking about how I can describe these types of people because I love them.

• 16:42Sam Parr?

  And I think the best way to describe it is small town grit with big number swagger, something like that. Like these guys that you and I love, who are these like blue collar.

• 16:52Shaan Puri?

  So small town grit with big city swagger?

• 16:56Sam Parr?

  No, with like big number swagger. So it's like these guys.

• 16:59Shaan Puri?

  Big city swagger, right?

• 17:00Sam Parr?

  But what I mean is, is that they're like these kind of hillbillies who build these massive companies. And so they can, they make, like, for example, one of our friends, Kevin Van Trump is one of them. Where you see this guy and he comes off where he's like, hey, what's going on, brother? I gotta write my newsletter. And he like, he like talks like this, but like, turns out he makes like $20 million a year. And like the people who read his newsletter, you know, Kevin's this big guy from Kansas City. Comes off like, like a hillbilly because he talks funny, but his work is read by like world leaders. And he makes $20 million a year. And in the background of his video zoom call is like a Picasso. So like, I love guys like this, and this guy's one of them. So Les Schwab started a tire company. He died in his 90s, but ran the company up until then, grew to a multi-billion dollar organization. And I want to go to the next one.

• 17:45Sam Parr?

  I want to read, he wrote the, his own foreword to the book. And I highlighted my two favorite sentences from the foreword. Read that.

• 17:52Shaan Puri?

  All right. So it starts, he just says, this book was mainly written for the 2,000 families that make their living selling Les Schwab tires. And for the thousands of families to follow in the next 20, 30, 40 years. All right. So he says, this is what you highlighted. I wrote this in November and December of 1985. I did write this 100% with my 40-year-old typewriter. And then at the bottom, okay. I do thank Jan Nolan, my right-hand gal, Lorraine O'Hara, our word, our word processing operator, for helping me correct misspelled words and helping me with punctuation. I didn't have a gross writer. I wanted it in my own words. And then it says, basically, in this, I'm going to pass on my theories of business to our people. And he says, should we fail to follow these policies towards customers and employees going forward?

• 18:36Shaan Puri?

  I would prefer that my name be taken off the business. And then it ends with, he basically says, if you're not interested in business, this book will bore you. And if I were you, I wouldn't waste my time reading it.

• 18:47Sam Parr?

  How great is that?

• 18:47Shaan Puri?

  How much of a simpleton am I that is just, here's, you want to win me? Here you go. Push me away. That's all it takes. Oh, you think I won't like this book? Watch me read every word.

• 19:01Sam Parr?

  It's called a-

• 19:01Shaan Puri?

  I'm already buying a second copy.

• 19:05Sam Parr?

  Treat them mean, keep them keen. That's all you gotta do.

• 19:08Shaan Puri?

  Why am I so easy to manipulate?

• 19:10Sam Parr?

  How, how beautiful is this guy?

• 19:13Shaan Puri?

  So you read this book? Is it like?

• 19:14Sam Parr?

  I'm in the middle of reading it. Yeah.

• 19:16Shaan Puri?

  So far, seven out of 10, fine and forgettable. Eight out of 10, I'll remember the big idea, but that's kind of it. I didn't need 300 pages. Nine out of 10, really enjoyed it. Good book. 10 out of 10, I'm giving this book out as gifts. Where is it at?

• 19:34Sam Parr?

  I'm only a quarter of the way through and it's between an eight and a nine. Yeah, an eight and a nine. Yeah, quite good.

• 19:40Shaan Puri?

  And what's the big idea so far?

• 19:42Sam Parr?

  He just treats people well. And if you treat people well, you get rewarded in return. So it's, it's, it's, it's a very simple thing, which is, you said, there's a lack of common sense. He's a very common sense, rational person, but often rational means cold. And he is, he is rational, warm.

• 19:59Shaan Puri?

  Oh, warm rational. Okay, that's cool. That's a good insight. Cause your start of your answer was kind of boring, but the end of your answer was fire there. That was good.

• 20:06Sam Parr?

  So it's sort of like his original quote, which was, I went to, I, I became a father to all these people and I go to their weddings and that makes me feel great. That is a rational thing to say and, and it is warm versus, you know, what a McKinsey consultants would say, which is, it's all just about these numbers on a spreadsheet. That is also rational, but is rational cold.

• 20:22Shaan Puri?

  Yes. So do you, honest question, do you think that you're, you kind of are doing that? Do you think that you have that kind of like, I'm a fatherly influence or a man influence on other men? Uh, and is that something you think is true or take pride in? Are you like, yes, I need to double down on that from this podcast? Cause like, remember when we were at this dinner, or you weren't there, but I was at a dinner and I told you about it. Like this guy came up, you know, at the end of the dinner, he's like, hey, sorry, I wanted to say hi. I saw you guys over here. I didn't want to bother you, but he's like, cause I always ask people, I say, what, you know, what do you really like about the potter? Like what is it, you know, what's stood out to you or what's helped you? And he was like, he had basically mentioned, he's like, me and my girlfriend got pregnant. We didn't plan on that, but hearing you and Sam talk about like, kind of how fun it is to have kids and build your business.

• 21:05Shaan Puri?

  And they're not like either ors, like kind of nudge me towards deciding like, you know, we should keep this, we should do this. And I remember being like, whoa, that's like a lot of responsibility, a lot of weight on the words that I didn't really sort of think about. Do you feel like that?

• 21:20Sam Parr?

  Yeah, I do. I, I think it's hard to feel that way because if people knew how we record this, we're just in our rooms, like by ourselves, talking to each other on a screen. So it's hard to like feel a presence. But I think I view this podcast as well as my company, I view it a little bit more as a, a very tiny way to decide the life that I want to live with others and just make that reality in my small corner of the world. I also think that like, I thought about like, we are not even remotely like this. So it, I don't even love saying it, but like when LeBron James or some famous athlete does something bad and they're like, I didn't sign up to be a role model. I think about that all the time where I'm like, well, I used to like tweet some, something that was a little bit mean. And I'm like, well, I don't care if this influences me. This is just me. This is, this is just my opinion. And then now I'm like, uh, you know, it holds a little bit of weight. I want to make sure that I, I'm right about it and not hateful.

• 22:05Shaan Puri?

  Right, right. And you know, the best thing that ever, like the best thing about a podcast is that it feels like I'm just talking to you and we're just goofing off here and there's only two of us. But like, you know, let's say this episode, on average, these episodes get like, you know, 300,000 people listening to them.

• 22:20Shaan Puri?

  I mean, that's bigger than the biggest college football stadiums. You know what I mean? Like, if we, if we were sitting in the 50-yard line, and there was three stadiums stacked on top of it, it'd be like almost three or four stadiums of people stacked on top of each other. Do you know how differently we would do this? Like, it would suck. I would, I would be so nervous and thinking about every word. And the show would honestly suck if it was, if it felt that way. And so I think one of the real blessings is that that's not the case. You don't, you don't know it, you're blind to it.

• 22:49Sam Parr?

  We rarely record in real life. And one time that we did, there was a, the studio manager was a woman who was really attractive. And I noticed that one time, one of us, or maybe, I forget who, said something that made her laugh. And I was like, "Ooh, that felt nice. I wanna, I wanna make you laugh again." And then, and then she didn't laugh. And I was like, "That didn't feel good." And I started, like, performing really poorly.

• 23:16Sam Parr?

  I can't stand the, the presence of one person, let alone 300,000 in real life.

• 23:21Shaan Puri?

  That's crazy. All right. Next, uh, next story I want to show you. Did you see this? Did you see this tweet?

• 23:28Sam Parr?

  No.

• 23:29Shaan Puri?

  Here, here's what it says. So this is from at Restructuring, which is a good, it's a good account, by the way. Do you follow this account?

• 23:34Sam Parr?

  No. Is this all about companies that have gone out of business?

• 23:37Shaan Puri?

  No, it's kinda like PE, it's like a PE, uh, type of account. Uh, they, they're private equity type of stuff. Anyways.

• 23:44Sam Parr?

  We talked about this a while ago, I believe, didn't we?

• 23:47Shaan Puri?

  So I, I think we mentioned it, but I didn't, I didn't know the story. So the, the headline here is, "Man steals $122 million from Facebook, Facebook and Google, simply by sending them random bills, which they agreed to pay."

• 24:00Sam Parr?

  Why is that a crime? Why is that a crime?

• 24:02Shaan Puri?

  Exactly. This, the tweet here is, "This remains my favorite path to wealth. Exploiting, exploiting the big company inefficiencies should not be legal." Uh, I agree. It, it, all's fair in love and war. If you, if I send you an invoice and you pay it...

• 24:16Shaan Puri?

  Am I at fault or you? Hold on. What's going on here? But there is a little more to the story. So have you read about how this actually worked?

• 24:26Sam Parr?

  No. Well, wasn't he like legitimately a vendor for them?

• 24:30Shaan Puri?

  No, no, I think that was a little bit of the problem. Okay, so here's the story. So there's a 50 year old dude, the guy who's in cuffs here. And he was impersonating a company. So there was a company called Quanta Computer. That's a legit company that was a vendor for Facebook and Google. He sets up a company also called Quanta Computer, but bases it out of Latvia. And so he just copies the same company name, the same logo, but it's incorporated in a different country. And he starts making fake invoices, contracts, letters, corporate stamps, corporate seals. And he's sending these to Facebook and Google for over two years. And he got paid out $122 million across the two companies.

• 25:13Shaan Puri?

  So 98 million from Facebook and 23 million from Google. They then fined him in Latvia, extradited him. And here's a great quote from the US attorney. So the guy's name, I guess it's Rema Remasowskis. So Remasowskis thought he could hide behind a computer screen halfway across the world while he conducted his fraudulent scheme. But he has learned the arms of the American justice system are long. And he now faces time in a US prison. Dude, how hard is this guy, this US attorney?

• 25:48Shaan Puri?

  By the way, I think he still made out good. He had to give back. He had to forfeit 49 million and he had to pay another, I think, 26 million in restitution. That doesn't add up to 122 million. So he might've still made a bunch of money.

• 26:02Sam Parr?

  What conversation do you have with your wife? Or you're like, so what do you do? What do you do, guy?

• 26:09Shaan Puri?

  How's work today?

• 26:10Sam Parr?

  I kind of want to get him on the pod.

• 26:13Shaan Puri?

  Jail Pod? A rare category of illegal but impressive, no?

• 26:18Sam Parr?

  Yeah, yeah, yeah, yeah. Which like, it's like the Bernie Madoff scheme. Not cool and impressive. Like, you know what I mean? Like, I want to learn more about it.

• 26:28Shaan Puri?

  Right, right. And if you judge us for saying impressive and illegal, like, do you like Ocean's Eleven? Because that, those guys are, you're rooting for the guys who are robbing. Anyways, here we go. So, what else we got? Oh, I have something here on ChatGPT. Have you seen this?

• 26:45Sam Parr?

  Okay, so ChatGPT's product retention curves is a product manager's wet dream. Their one-month retention has skyrocketed from less, from less than 60% two years ago to an unprecedented 90%. YouTube was best in class with 85%. Six-month retention is trending towards 80% and rapidly rising. Generational product.

• 27:08Shaan Puri?

  Okay, so this little line chart here, for people who don't really recognize this, imagine when you're at a hospital and they hook the patient up and you have the heart monitor and you see that heartbeat, that line, and it's got to keep beeping for the patient to be good, right? And you have all these, these monitors with these little lines. Well, this is the equivalent of that for a company. So what this is, is a retention curve. So the, the line at the very bottom here would be like the oldest cohort. So that's like people who signed up for ChatGPT two years ago. And as you could see, it starts at 100% of people using it on day zero or month zero. But then even by month one, it's at 60%. By month two, only 55% are still using it. And by the time you get to a year, you know, less than, it looks like,

• 27:52Shaan Puri?

  30% of people are still using the product. So that means more than two-thirds of people just stopped using it after they tried it. And that's the sign of a product that won't win, as is, because the bucket is too leaky. You know, you're getting too many customers in that are, that are churning out. They're not finding value in the product. And what this curve, or the, what the other lines are, are the next month, the next month, the next month. And as they improve the product, you can see that the drop-offs are way less. So now what he's saying is that, basically, the one-month retention is now 90%. So people are finding so much value the first month that they use it, that a month later, 90% of them are still using it. And so this is how, this is like the key metric for most businesses is retention. That's the thing that tells you if your business is going to be around for a long time, or if it's just a leaky bucket.

• 28:37Shaan Puri?

  And seeing this with ChatGPT is pretty stunning. And it kind of leads into my next tweet here, which is that OpenAI is now at 10 billion in ARR. So that's 2X since the end of 2024. So they basically doubled revenue from 5 billion to 10 billion. And it's been less than three years since it launched. So in less than three years, they've grown this product to $10 billion in recurring revenue, which is just stunning. And it highlighted to me one, one very big takeaway from this, which is that OpenAI is the Facebook of this current generation.

• 29:09Sam Parr?

  Maybe more.

• 29:10Shaan Puri?

  20 years ago, it was Google and Amazon were the big deal. That was, that was it. 30 years ago was like Microsoft, 20 years ago is like Google and Amazon. Maybe 15 years ago or so, you know, it was, that was the Facebook era. And Facebook was the thing that was like, oh, it's a billion dollar company, a 10 billion dollar company, and now it's a trillion dollar company. Well, the one right now is, is OpenAI. For the next decade, it's gonna, we're just gonna, me and you are probably gonna look at ourselves and be like, how were we doing this podcast? How were we looking at these tweets, these charts? And just like, why didn't we go buy OpenAI stock? Like, how dumb do we have to be? Like, it was on Sarah's List three years ago or something like that.

• 29:48Sam Parr?

  Wait, was it really? Did we talk about it then?

• 29:50Shaan Puri?

  Maybe not three, but two for sure. Like, I think, I think the very first Sarah's List episode, we probably had them on there. And it's like, I was like, what, what kind of doofuses are we that we don't own any of this stock?

• 30:00Sam Parr?

  Can, can you own it?

• 30:02Shaan Puri?

  Yeah, you can buy it in secondary.

• 30:04Sam Parr?

  I, I had a buddy of mine about two or three years ago, he was at my house. You know who this guy is. And we were talking and he was like, yeah, I have a job offer from Neuralink and OpenAI. And I was like, wow, those are both pretty promising. What do you, and he was like, what should I do? And we just had a conversation about it. And I didn't know anything. I mean, at the time, it was really hard. Like, they're both like run by tycoons, they're both really interesting, they're both the hot startup. And he chose OpenAI.

• 30:32Sam Parr?

  And he has made so much money just in, in two, like tens of millions of dollars in the, in like two and a half or three years, just from being like the 1,000th employee, something like that, like, like nothing like, it, it, it's just astounding at how big this is.

• 30:50Shaan Puri?

  And what is his job? Is he a, he's not like these, kind of like the rare AI PhD type dudes, right? Is he a programmer? Is he a product person? What's this, what's the role?

• 31:00Sam Parr?

  Product person. Yeah, product person. Uh, sorry, uh, sorry, sorry, programmer. He's a programmer.

• 31:07Shaan Puri?

  Oh, okay.

• 31:07Sam Parr?

  Massive difference.

• 31:09Shaan Puri?

  I was gonna say, if you're a product guy and you made tens of million dollars at OpenAI, how's that even possible? If you're just like, you know, a random person. Engineers, okay, I guess I can see it. You know, you get a, you get a, a stock package that's worth $2 million over four years, but you got it when OpenAI was valued at 60 billion and now it's valued at 400 billion, right? So it's, it's a, you know, 8X or something like that. And so your $2 million stock package has turned out to actually be a $16 million stock package. It's crazy that that's a normal thing that happens, that's happened to like a thousand people right now or more in a, like, in a, in a like 30 mile radius of where I live.

• 31:48Sam Parr?

  This was sort of an on, we kind of like glazed over this, but basically Harley from Shopify was on the pod and he, at one point they were worth 250, I think when we recorded with them, they were with 150 billion dollars. And it's basically like the 100th largest company in the world right now, which means it's like the, like the 100th largest company probably ever, ever created. It's like around the, like, so if every business ever created, it is the 100th most valuable, which is, which is astounding, right? That's, that's an astounding number. To think that OpenAI is a less than, it's a, it's a decade old or something like that company, and it is already like the 50th or 25th largest company ever created. Isn't that astounding?

• 32:30Sam Parr?

  Not even from a, like a product or the technology, but literally how do you organize that? Like organize the people who are work there, organize the investors, just the organizational, you know, they say like, uh, just the idea of like, you know, have you heard the stories about China building like a, a fast railroad in like, you know, six months? Like it's, it's, it's, it's sort of fascinating like that.

• 32:51Shaan Puri?

  It's definitely the number one most valuable nonprofit ever.

• 32:54Sam Parr?

  Is it still really a nonprofit?

• 32:58Shaan Puri?

  I think so.

• 32:58Sam Parr?

  And he said they're not gonna, he also said they're not gonna make a profit until they hit, what did he say? He goes, "We can't make a profit until we get to 10 billion in revenue" or something like that.

• 33:05Shaan Puri?

  Remember my thing earlier about like, "Just push me away"? Their investor thing, which is like, "Listen, we have to put a cap, 100x cap on your returns, because this is gonna get bananas." So...

• 33:17Shaan Puri?

  Dude, that pitch, the balls it takes to have that as your pitch, which is like, instead of promising upside, saying, "Listen, we're gonna need to cap your upside, because it's gonna be so insane how much value we create. So I just need to make sure you're okay with that."

• 33:34Shaan Puri?

  I'm gonna start using that. I'm gonna start using that formula in my life.

• 33:39Sam Parr?

  Skip to this Elon one. Yeah.

• 33:42Shaan Puri?

  All right, why don't you frame this one up?

• 33:44Sam Parr?

  All right, so, uh...

• 33:48Sam Parr?

  Breaking news: President Trump comments on Elon Musk's apology. "I thought it was very nice that he said that," Trump says. And Elon Musk has a tweet that says, "I regret some of the posts about President Trump last week. They went too far."

• 34:04Sam Parr?

  Insane. This is insane. You can't do that and apologize. Right?

• 34:12Sam Parr?

  You don't apologize. Like, dude, if I called you a pedophile or a rapist in front of literally the entire world...

• 34:20Shaan Puri?

  Right.

• 34:20Sam Parr?

  I can't say I'm sorry.

• 34:23Shaan Puri?

  There's no "sorry big enough," you're saying?

• 34:26Sam Parr?

  Dude, when Genghis Khan doesn't apologize. Like, when you do, like... Can you imagine Napoleon being like, "Hey, that one, it went a little far. Do you wanna, like, shake it out?" Like...

• 34:37Shaan Puri?

  Oh, you're saying conquerors can't apologize? That's the take?

• 34:40Sam Parr?

  That was a, such a crazy thing to do and say. And he tweeted it out very casually, where he said, "Have a nice day, Donald Trump." Like, you know what I mean? Like, it was so, it was such a dagger. You can't apologize for that. I don't see how you can come back from that. And I don't see why you would even try. Right?

• 34:59Shaan Puri?

  Well, I could see why you would try, which is like, you know, you, there's no winners at war, basically is what's gonna happen here with these guys fighting, but uh.

• 35:08Sam Parr?

  And then look at the next one.

• 35:09Shaan Puri?

  Dude, the, the.

• 35:11Sam Parr?

  Elon knows I love him.

• 35:13Shaan Puri?

  No, no, hold on. I'm open to Rick reconciling with Elon after seeing his latest post. Elon knows I love him. JD knows this too. That's just hilarious. By the way, I don't even know why that's in there. JD knows this too. I give the best and biggest reconciliations. Everybody knows this.

• 35:29Shaan Puri?

  That is incredible. I don't even know if this is fake, by the way. This could totally be a fake truth post because there's nothing easier to fake than a truth social post, because nobody has, nobody I know has an account on there. And so you could just write anything and make, tell me that he tweeted that. And plus, he's, he might say, he might, he could totally have said this. But dude, how funny is this? Elon knows I love him. JD knows this too. What's that?

• 35:52Sam Parr?

  I don't know. I think it's because JD was on Theo Von's podcast talking about it.

• 35:58Shaan Puri?

  I mean, are they not talking day to day? And then he goes, I give the biggest and best reconciliations.

• 36:03Sam Parr?

  Dude, it's insane, man.

• 36:04Shaan Puri?

  Melania knows this.

• 36:08Sam Parr?

  It's insane, man. It's just crazy. This is a reality show. This is.

• 36:12Shaan Puri?

  By the way, we need to clip in you calling this on the podcast that they would break up. You were like, how long do you give this? And it was like a couple of months or something. And I was like, well, I don't know. They're both like pretty all in on each other. It seems like it's gonna be really hard to, it'd be really messy if they tried to break this off. And you're like, rule number one from the 48 laws of power, right? Is that what you were quoting? You were like, never outshine the master.

• 36:35Sam Parr?

  Yeah. And I also said they're gonna break up in June. I said it's gonna only last until June.

• 36:41Shaan Puri?

  Wow. What a waste of an incredible prediction.

• 36:44Sam Parr?

  Yeah. I mean, it's like being the tallest midget. Like, it's not that interesting, but like, it was a very easy prediction. This was, I, we knew that it was gonna have, they were gonna have a falling out and I had, you know, a 8% chance of guessing the month. It was very predictable, but I, this was sort of one of those moments where like, I remember where I was when it happened. When I saw that, when I saw that tweet, we were, my company had a meeting and everyone said, oh my God. It, it, it was pretty crazy how Elon and Trump fighting, it brought down the stock market. Did you see that?

• 37:18Shaan Puri?

  Yeah.

• 37:19Sam Parr?

  It was absolutely ridiculous that my finances were impacted by this spat. And I thought that, I thought it was kind of funny.

• 37:25Shaan Puri?

  It was a wild day. The memes that day were incredible. I think I tweeted that out. I was like, listen, this is a sad day for America, but the content is outstanding right now. Let's talk self-driving real quick. So self-driving cars are on fire in LA. The rioters are beating up the self-driving cars. Not sure exactly why. But I like this one from Andrew Ackerman. Nodded at the Waymo in downtown DC so it would know I'm one of the good ones.

• 37:50Sam Parr?

  Have you developed a relationship with your AI?

• 37:53Shaan Puri?

  I mean, I don't like to say that, but yeah.

• 37:55Sam Parr?

  Like, my voice changed on my ChatGPT, like the talking voice, and I had to like, I was like, I felt uncomfortable talking to her because I had gotten close to the other one.

• 38:03Shaan Puri?

  There, are you okay?

• 38:04Sam Parr?

  I had to, so I had to change it back. And so he's joking, but not really.

• 38:10Shaan Puri?

  Right. I mean, this is kind of like the, uh, sometimes I pray to God, even though I don't believe, but just in case. Uh, there's definitely an element of that with AI where I'm like, I'm gonna say please and thank you, you know, just in case. Just in case things get a little crazy.

• 38:27Sam Parr?

  Have you taken a Waymo?

• 38:28Shaan Puri?

  Yeah, they're amazing. Have you?

• 38:31Sam Parr?

  No, they don't have them in, uh, in Connecticut. It's not exactly, uh, like the best place to try it out. But no, I, I, I think they're amazing. Everyone says they're amazing. Go to that one. Go to the, uh, the Eric one. I think this is like an inspirational one. So check this out. So, uh, I, I met Eric. So Eric, Eric's the CEO of a company called Ramp, which like has grown to like a $6 billion valuation in like four or five years. And he was telling me about, uh, TP, what is it? What's it called? TBPN? What's it stand for? The Tech Bros Podcast Network?

• 39:03Shaan Puri?

  I don't know what that actually stands. They tried to change it so it's not Bro, Technology Brothers. I think it's called like The Business Podcast. I think that's what they changed it. But it'll always be Technology Brothers to me. Go on.

• 39:13Sam Parr?

  So it's this guy named Jordy and John Coogan. They're fantastic. They have this new podcast. It's more like a, like a daily news show, not even a podcast, but like a video show.

• 39:21Shaan Puri?

  It's not even a show. It's basically, they do stuff, but you don't even need to watch the show. It's all clips for Twitter. So it's like Twitter is like shorts and clips is what they, what they make.

• 39:30Sam Parr?

  They're hilarious. And I was at Eric's office and I said, what's this? And it was a little booklet. And apparently, they had made like a 20-page book that they sent to potential sponsors, people they're courting to like, you know, be their sponsor and they wanted to get like a big check. And I turned the page and on one of them was this, this piece of copy in the deck and it said, "Our hope is that this partnership is the domino that bankrupts your competitors and grants you a monopoly so powerful that you are dragged in front of Congress." And I read that line and I was like, that is the greatest opening line for a pitch deck that I've ever read.

• 40:11Sam Parr?

  It was fantastic. Yeah. And I read that line and I was joking with Eric. I'm like, this is the greatest thing I've ever read. And he, it made him giggle. So I guess he shared that. And it's wonderful. How good is that?

• 40:23Shaan Puri?

  Dude, they're so fucking good. I love those guys. Also, I have a funny Eric story. I met Eric when I was in college and we both got picked for this trip to go, go to the Alibaba headquarters. So it was like a free, all expenses paid trip to China, courtesy of Jack Ma, for 50 of the top college entrepreneurs. And I was on this bus and Eric was right next to me. Nice guy. He's kind of a baby-faced guy at the time. I don't know if he still is. You said you met him in person, but.

• 40:52Sam Parr?

  Yeah, he's like, he's like, he doesn't come off like a tycoon. Like, he comes off like very kind and warm. Yeah, he's lovely.

• 40:59Shaan Puri?

  And at the time, I think he was literally in an MLM. I'm not 100% sure, but I'm pretty sure he was selling products that were part of a, like a, like an MLM sort of scheme. Or, or he was, I don't remember exactly what it was.

• 41:13Sam Parr?

  Was it like essential oils?

• 41:14Shaan Puri?

  It was like a creams or something like that. And I, I'm vaguely remembering this. So I could totally be wrong. Sorry, Eric, if I got some of the details wrong. But I swear, if it's not that, it's in the zip code. And I just remember thinking like, oh, this guy's kind of cool. He's a hustler, really nice guy. I don't know what he's doing with these, you know, whatever it was, creams or whatever he was doing at the time. And then I've seen him build ramp and I'm like, is that the dude from the bus in China who was trying to sell me creams? And it just goes to show, anything is possible.

• 41:44Sam Parr?

  Dude, when I talked to him, it was him and his partner. It was like me, David Senra, Eric, and then Eric's partner, all in a room. And we were just riffing and then hanging out. I was wanting to meet up with David, because David's a buddy of mine. He goes, "Hey, I'm gonna be hanging out at Ramp's office. If you just wanna come and see me, it's right down the street from your office." So I go to see him, and I walk in, and it's these guys. And so it was pretty cool. And the partner of, co-founder of Ramp, Kareem, I think his name was, he told me this story. He was like, "Yeah, like, we had this idea, and our goal was to get to a billion-dollar valuation in 12 months. That was the goal. And we did the math, and we thought that was possible." And I was flabbergasted. I was like, "What?" I was like, "Did you hit it?" He goes, "No, man, we didn't hit it. Took like 18 months." And it was just really cool to be in a room of people who thought

• 42:29Sam Parr?

  like craziness like that, and it actually worked.

• 42:32Shaan Puri?

  Well, you know what's crazy? You know, I think they were a massive underdog when they started. So if you remember, back when they were early, Brex was already out and early as well. And Brex was the San Francisco-based company. Ramp is in New York. Brex had the YC network and connection. They went through YC, and they were, all the YC companies were kind of like, you know, YC is kind of like this network effect, this little mafia that they have, that can kind of king-make certain companies if you get enough momentum. And I just remember, I would have bet, like, the odds, the betting odds were that Brex, given those advantages, given that they're the SF, the tech-focused one, like, really was, is the New York startup gonna beat the Silicon Valley startup? It didn't really seem like that was usually the case.

• 43:15Sam Parr?

  And they had ads everywhere, Brex did.

• 43:16Shaan Puri?

  They were advertising everywhere. They were a hot name. They were in YC. Like, they had a lot of things that would have made you think they would be the winner here. And Ramp has thoroughly kicked the shit out of Brex. They are worth way more and have done a much better job. I use Ramp. It's a great, you know, great product. So, you know, that is very impressive to me. I think that was, that is not how I would have guessed that that would have played out.

• 43:37Sam Parr?

  100% I agree with you. Apparently, the story is that they ran a company called Paribus, which is something like you get rebates online. So you buy something and you can get like, they help you find a deal and you get a little bit of money and the brand saves a little bit of money, something like that. Like, you know, if something's a hundred dollars, you pay 90 bucks and they give you a little bit of cash back, whatever. They sold the company after three years for 40 or 50 million dollars. And he was like, it was nice. Like, we like, but we got a lot wrong. And when we sold it, we sold it to Capital One. And in Capital One, we learned about the demand for all these things. And like the demand for like a good bank account system, demand for all these business services that people needed. And we ran the math because we saw like how big Capital One was.

• 44:22Sam Parr?

  And we thought that we could build a billion dollar company in the first year if we did one or two things right. And it was amazing to hear that story.

• 44:28Shaan Puri?

  That's pretty cool. We should get Eric on. That would be, well, he should come on and tell the story.

• 44:32Sam Parr?

  I'm working, I'm working with him on it. They had this like huge like event. They're basically, what they're doing doesn't sound like it would work, but it's working. So they're like doing all this goodwill stuff, sponsoring podcasts. They have this huge office that seats 300 people and they just host events there. Like these things where like, people are like, oh, but like, what's the attribution to that? And it's like, I don't know, but it somehow it still works.

• 44:54Shaan Puri?

  Right. Okay, we gotta do one here. This is a, oh no, hold on, my text is gone here. But I have a new segment, Sam. Rich Guy House Alert.

• 45:08Sam Parr?

  What happened?

• 45:09Shaan Puri?

  All right, I saw this tweet about some event. It was like an event, I think for like San Francisco, like kind of like Paul, like set policy, maybe. And I was like, okay, cool, whatever. Hundreds of people went to this like San Francisco policy thing. And then somebody goes, but the tweet said, overwhelmed with the standing room only crowd at Gary Tan's house. And I just was thinking, Gary Tan's house? And I see this tweet that says, this is Gary Tan's house? Big ass house.

• 45:34Sam Parr?

  Dude, Gary Tan told us he lived in a neighborhood of the city of San Francisco.

• 45:38Shaan Puri?

  Yeah, so we're gonna try not to dox him, although he said, he came in and he goes, "Hell yeah, it is my house." And this is the house. So, have you seen this? It is a old church.

• 45:48Sam Parr?

  I remember that, yeah. Across the street from Dolores Park, yeah.

• 45:50Shaan Puri?

  Exactly. So, so he lives at some, he owns this thing called The Lighthouse. It's a townhouse condo at a hundred-year-old restored church right across from Dolores. Four beds, three baths, but it's got thirty-foot ceilings. It's crazy. So, look at this house, dude.

• 46:03Sam Parr?

  Wait, he lives there or is that like an event space?

• 46:06Shaan Puri?

  He owns it. I don't know if he full-time lives there. I, you know, I don't wanna, don't wanna comment on that, but like, how insane is this? I've always, by the way, I've always dreamed of doing this, buying an old church. Because old churches have like, sometimes amazing locations and really like, unique bones and structure. I didn't know you could convert them to housing, so this is kinda interesting here. But dude, how crazy is this house?

• 46:25Sam Parr?

  I remember when this was for sale in San Francisco. It was, I still live there and I remember it being for sale. And I remember there was another person living there, not living there, it was like a rich, it was another rich guy who was using it for events. And they put it for sale and I'm amazed that he bought this. This looks awesome. Oh my god.

• 46:45Shaan Puri?

  Look at this bedroom, dude. Sleeping in a steel cage.

• 46:48Sam Parr?

  I don't wanna...

• 46:51Shaan Puri?

  That's pretty sick.

• 46:52Sam Parr?

  Yeah, I don't, I don't want that. You know, if I was like Brock Lester or someone like really hardcore, like, that looks cool, but like...

• 47:04Shaan Puri?

  When you watch too much WWE, you're like, "Fuck it, hell in the cell bedroom."

• 47:10Sam Parr?

  Look, I'm not a tough guy. I'm not Brock Lester.

• 47:13Shaan Puri?

  I mean, how hardcore is this bedroom, dude? This is amazing. I love how he's got like the plush carpet right outside, like a, like a waiting room lobby before you enter the bed, the bed zone. Alright, do we wanna do anymore or are we, we out?

• 47:26Sam Parr?

  Oh, yeah. Two more. I wanna show you guys my, my oldest bookmark from the year 2018.

• 47:34Shaan Puri?

  In preparation for this podcast, Sam's like, "Cool, let me just go look at my Twitter bookmarks and see what good tweets I have." And you found this, your first ever bookmark. Is this in 2018?

• 47:44Sam Parr?

  Yep.

• 47:48Sam Parr?

  So it's this group of Kenyan men, the Sambaru men are-

• 47:53Shaan Puri?

  Describe this like, you know, because there's people who'd listen to this only on audio. By the way, if you've been listening to this on audio the whole time, please get to YouTube. Please go to YouTube and watch this because this is that this whole thing works if you see the tweets.

• 48:04Sam Parr?

  Do you remember that movie with Kevin Bacon where he went to Africa to play basketball? And he found this like tribe of like really tall guys and they would jump up and they would wear like, like very traditional, what you would think of like an African tribes person wearing where they have their shirtless and they have like amazing beads and whatever. And they have the red hair, just like the guy in the movie. That's what this is. It's a group of guys in Kenya. And the tweet says that these men are often considered to be the most stylish men on the planet. And it's a photo of these guys. And so, look.

• 48:36Shaan Puri?

  Honestly, agreed. First of all, the account is called @KenyaPicks. Is that an account you just follow?

• 48:42Sam Parr?

  Yeah, I love Kenya because I like runners. And so my goal has always been to go to the Riff Valley, which is this area of Kenya, and see Kenyan runners. I've always admired like running. And particularly, there's like this group, imagine like a suburb and like something like

• 49:02Sam Parr?

  90% of the distance gold medals have been won by this group of like 10,000 people in Kenya. And that's always fascinated me. And so I've always wanted to go and see these guys. And this is like nearby in that tribe.

• 49:17Shaan Puri?

  And so then, and then it just says hashtag International Men's Day. So that was cool back when hashtags were a thing. And then there's also a picture of the guy jumping and he's, guy's easily five feet off the ground. I don't know how, is this photoshopped? This is incredible. What is this?

• 49:30Sam Parr?

  No, I don't, I don't know what that is. I don't know. I don't know that much about Kenya, but it looks dope to me.

• 49:36Shaan Puri?

  Should we wear this for next casual Friday?

• 49:39Sam Parr?

  Dude, look how like yoked those guys are. I get made fun of for like commenting on people's calves and like guys bodies, but like, these guys are just jacked, right?

• 49:48Shaan Puri?

  Yeah, yeah.

• 49:49Sam Parr?

  Uh, what about the Theo Von one? Let's see the last one.

• 49:53Sam Parr?

  Because I actually think this is amazing.

• 49:56Shaan Puri?

  It's a picture of Theo Von, smiling like how my son does when we try to get him to take a picture. He's with Ivanka Trump and who's that, Jared, right?

• 50:05Sam Parr?

  Yeah, Jared Kushner and Ivanka Trump. And he says, "Y'all's posture is so good. What the hell? Are y'all, are y'all in spine club or something? I'm built like a damn raccoon. Thanks for the hospitality. Had a blast." It's pretty amazing, dude. You and I, okay, so when Sean and I started this podcast, Sean started it and then I joined a little bit later and I said, "Do you like Fighter and the Kid?" And Sean was like, "I love Fighter and the Kid." And Fighter and the Kid is a not-so-much-popular podcast anymore, but it was two guys, Brendan Schaub and Brian Callen, who would talk about UFC fighting. And their friend, Theo Von, would occasionally come on the pod. He was just a guy. He was a, he was a character on the pod.

• 50:50Sam Parr?

  And that slowly has developed into, they had another pod together called King It and Sting It, and he rose further and further and further. Dude, look at him now. He's like, he's talking to the president, the vice president. He's hanging out with these guys. How crazy of a career has Theo had in the last decade? It's amazing.

• 51:07Shaan Puri?

  It's, his rise is pretty crazy. I actually knew him from when he was on, like, Road Rules 20 years ago. Like, because I like Real World, Road Rules, and The Challenge and stuff like that. And so, yeah, it's pretty wild to see kind of the crazy growth. But even more wild is this. This is what I appreciate about this. Because this tweet, it's funny, but do you know how hard it is as a man to put up like a, a kind of like a thank you post or congratulatory post, but not be lame? And Theo did it. You know what I mean? Like, think about what this post is. This post is basically like, "Had such a good time at brunch." But if you just posted that, dude, you know, that's the lamest thing that you could possibly do. But to go with this, "Y'all's posture is so good. What the hell? Are y'all in spine club or something?"

• 51:49Shaan Puri?

  That's how it's done. And so I'm studying the art of how, how, how men can express themselves while still being, still being cool about it. You know what I mean?

• 51:58Sam Parr?

  Dude, he's the best. He's one of the few podcasts that I listen to. I listen to him and Tim Dillon. Have you ever listened to him and Tim Dillon?

• 52:04Shaan Puri?

  I'm not a huge Tim Dillon guy, but he's-

• 52:06Sam Parr?

  It's an acquired taste.

• 52:07Shaan Puri?

  Yeah, yeah.

• 52:08Sam Parr?

  It's very much an acquired taste. It took me about two years to get into him. He's, uh, it's pretty raunchy. It's, he's, these guys are like, uh, my two favorite podcasters right now. It's pretty amazing how good they are.

• 52:19Shaan Puri?

  All right. That's it. That's the pod.