My First Million #167 - Answering Your Questions On Investments, Businesses and Life
5 snips
Apr 5, 2021 Join the lively discussion as the hosts dive into their investment strategies, balancing risk and opportunity. They tackle intriguing questions like whether to hire friends and reflect on personal insecurities. Humor and candid insights flow as they explore the complexities of ambition through historical figures. Expect engaging tales about side hustles and community connections, along with tips for creating memorable networking events. It's a thought-provoking blend of personal experiences and practical advice that keeps you entertained!
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Chris Sacca's Twitter Bet
- Shaan Puri admires Chris Sacca's aggressive investment approach, particularly his large bet on Twitter.
- Sacca's success stemmed from identifying a winner (Twitter) and going all-in, demonstrating the importance of bold follow-on investments.
Rolling Fund Management
- Shaan's rolling fund requires more active management and capital deployment than initially anticipated.
- Building a strong team (Romine and Zach) is crucial for sourcing, vetting, and managing deal flow.
Meeting Sully
- Sam Parr met his now-best friend, Sully, at a Hustle Con dinner hosted at Shaan's office.
- Sully's story of selling a company and reinvesting the proceeds into Facebook and real estate inspired Shaan to be bolder in his own investments.