Outliers with Daniel Scrivner: Explore the Greatest Innovators, Founders, and Investors

In Episode #27, we explore the past, present, and future of collectibles and fractional ownership with Rob Petrozzo, Founder of Rally. We cover the asset allocation model and investment priorities of the next generation, the process of bringing museum-quality assets to the Rally platform, and handling physical assets in Rally’s retail store and warehouse.

“You have no choice now—being a Swiss army knife and being able to learn on the fly. It's such an underrated skill. Everybody is so much of a specialist now, but I'd like to be a generalist. It isn't always a bad thing when you can deliver.” – Rob Petrozzo

EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED)

https://www.danielscrivner.com/notes/rob-petrozzo-outliers-show-notes 

FULL TEXT TRANSCRIPT

https://www.danielscrivner.com/notes/rob-petrozzo-outliers-transcript 

CHAPTERS

This episode is our definitive guide to collectibles and fractional ownership. In it we cover:

(00:00:00) – Introduction

(00:02:00) – Rob’s background in design and the music industry

(00:10:25) – Digital collectibles, and ownership as a status symbol

(00:21:10) – The asset allocation model and investment priorities of the next generation

(00:29:25) – The insights, trends, and legislation that led to the creation of Rally

(00:38:04) – The process of bringing museum-quality assets to the Rally platform

(00:42:39) – Rally’s primary vs. secondary markets

(00:47:28) – Handling physical assets in Rally’s retail store and warehouse 

(00:53:01) – Learnings through building a marketplace, and defining PSA

(00:59:04) – The long-term approach to business building

(01:05:01) – Rob’s own collectibles and personal mentors

ABOUT RALLY

Rally has spent the last five years building an incredible marketplace for real world collectibles, which includes everything from baseball cards to famous cars and James Bond movies to insane items like meteor rights and triceratops skulls. On Rally anyone can buy these items fully or they can buy into them fractionally. And then every 60 days afterwards, those items open back up for resale on their secondary market.

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Overcast: https://overcast.fm/itunes1523851182

ABOUT OUTLIER ACADEMY

Learn timeless lessons on work and life from iconic founders, world-renown investors, and bestselling authors. Outlier Academy is the forever school for those chasing greatness. Past guests include Gokul Rajaram of DoorDash, Scott Belsky of Benchmark and Adobe, Joey Krug of Pantera Capital, Mark Sisson of Primal Kitchen, Luke Gromen of The Forest for the Trees, and Brian Scudamore of 1-800-GOT-JUNK.

Website: https://www.outlieracademy.com

Twitter: https://www.twitter.com/outlieracademy

ABOUT DANIEL SCRIVNER

Outlier Academy is hosted by Daniel Scrivner. Over the last 15 years, Daniel has led design teams at Square and Apple, turned around a $3M+ ARR SaaS business, and invested in more than 100 companies. He launched Outlier Academy in 2020 to learn from the world’s best founders, investors, authors, and peak performance experts.

Website: https://www.danielscrivner.com

Twitter: https://www.twitter.com/danielscrivner

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In Episode #26, we explore building the business bank of the future. We’re joined by Everett Cook, Co-Founder and CEO of Rho. We cover how Rho Business Banking empowers teams to work better with money, what Rho offers that other banks do not, and observations and predictions on the evolving fintech space.

“In a lot of ways, people are forgetting the lessons of  technology just in general—big companies move slowly, and there's an innovator's dilemma. Outside perspective is generally the fastest way to innovate, and I think it's really exciting.” — Everett Cook

EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED)

https://www.danielscrivner.com/notes/everett-cook-outliers-show-notes 

FULL TEXT TRANSCRIPT

https://www.danielscrivner.com/notes/everett-cook-outliers-transcript 

CHAPTERS

This episode is our definitive guide to building the business bank of the future. In it we cover:

(00:00:00) – Introduction

(00:01:39) – Everett’s background and learnings in startups and finance

(00:06:23) – Investing as finding out how the world really works

(00:15:00) – The differences between founding a company and investing in a company

(00:20:22) – Making asymmetrical bets and being open to pivoting the business

(00:23:00) – How Rho Business Banking empowers teams to work better with money

(00:28:36) – Treasury management, digital currency, and a focus on excellent customer service

(00:34:18) – Observations and predictions on the evolving fintech space

(00:43:40) – Everett’s advice for founders

ABOUT RHO

Rho Business Banking is building the business bank of the future, one that's designed for fast growing companies, one that combines software and financial services, and one that's built for collaboration, which is not traditionally something you think about in the context of banking.

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Overcast: https://overcast.fm/itunes1523851182

ABOUT OUTLIER ACADEMY

Learn timeless lessons on work and life from iconic founders, world-renown investors, and bestselling authors. Outlier Academy is the forever school for those chasing greatness. Past guests include Gokul Rajaram of DoorDash, Scott Belsky of Benchmark and Adobe, Joey Krug of Pantera Capital, Mark Sisson of Primal Kitchen, Luke Gromen of The Forest for the Trees, and Brian Scudamore of 1-800-GOT-JUNK.

Website: https://www.outlieracademy.com

Twitter: https://www.twitter.com/outlieracademy

ABOUT DANIEL SCRIVNER

Outlier Academy is hosted by Daniel Scrivner. Over the last 15 years, Daniel has led design teams at Square and Apple, turned around a $3M+ ARR SaaS business, and invested in more than 100 companies. He launched Outlier Academy in 2020 to learn from the world’s best founders, investors, authors, and peak performance experts.

Website: https://www.danielscrivner.com

Twitter: https://www.twitter.com/danielscrivner

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In Episode #25, we explore why and how to invest in gold. We’re joined by Simon Mikhailovich, Co-Founder of The Bullion Reserve. We cover cycles of financial euphoria, the three ways to get out of debt, and whether people should invest in gold ETFs.

“The most important thing is that technology evolves, but people don't. That's the biggest lesson of history—humans don't change.” – Simon Mikhailovich

EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED)

https://www.danielscrivner.com/notes/simon-mikhailovich-outliers-show-notes 

FULL TEXT TRANSCRIPT

https://www.danielscrivner.com/notes/simon-mikhailovich-outliers-transcript 

CHAPTERS

This episode is our definitive guide to why and how to invest in gold. In it we cover:

00:00:00 – Introduction

00:01:32 – Simon’s thoughts on gold’s role in the current financial market

00:08:37– Why gold is important at this moment in time

00:15:48 – Cycles of financial euphoria

00:20:33 – The three ways to get out of debt

00:26:31 – Why holding physical gold is different and better than savings in other forms

00:32:12 – Gold is the ultimate insurance for bad financial outcomes

00:38:42 – Gold vs. other precious metals, and how gold is nature’s Bitcoin

00:46:42 – Gold has no impairment risk or counterparty risk, and making money vs. preserving wealth

00:59:01 – How Simon has maintained an outlier point of view over time

ABOUT THE BULLION RESERVE

The Bullion Reserve enables investors to hold physical gold in secure locations all around the world. 

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Overcast: https://overcast.fm/itunes1523851182

ABOUT OUTLIER ACADEMY

Learn timeless lessons on work and life from iconic founders, world-renown investors, and bestselling authors. Outlier Academy is the forever school for those chasing greatness. Past guests include Gokul Rajaram of DoorDash, Scott Belsky of Benchmark and Adobe, Joey Krug of Pantera Capital, Mark Sisson of Primal Kitchen, Luke Gromen of The Forest for the Trees, and Brian Scudamore of 1-800-GOT-JUNK.

Website: https://www.outlieracademy.com

Twitter: https://www.twitter.com/outlieracademy

ABOUT DANIEL SCRIVNER

Outlier Academy is hosted by Daniel Scrivner. Over the last 15 years, Daniel has led design teams at Square and Apple, turned around a $3M+ ARR SaaS business, and invested in more than 100 companies. He launched Outlier Academy in 2020 to learn from the world’s best founders, investors, authors, and peak performance experts.

Website: https://www.danielscrivner.com

Twitter: https://www.twitter.com/danielscrivner

Learn more about your ad choices. Visit megaphone.fm/adchoices

In Episode #24, we explore building the restaurant of the future and on-demand food. We’re joined by Michael Joseph, Founder and CEO of Scratch Kitchen. We cover current food trends and where they’ll go next, Michael’s two-pronged approach to business success, and the concept of food APIs.

“I have two KPIs in how I operate now. Number one, customer delight. There is no business if the customers don't pay. The other piece is profitability.” – Michael Joseph

EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED)

https://www.danielscrivner.com/notes/michael-joseph-outliers-show-notes 

FULL TEXT TRANSCRIPT

https://www.danielscrivner.com/notes/michael-joseph-outliers-transcript 

CHAPTERS

This episode is our definitive guide to building the restaurant of the future and on-demand food. In it we cover:

(00:00:00) – Introduction

(00:02:22) – Michael’s background that led him to the on-demand food industry

(00:09:23) – Current food trends and where they’ll go next

(00:16:50) – The challenges of providing truly gluten-free food options

(00:17:27) – Building and scaling Green Chef, a meal delivery service company

(00:32:11) – Being successful in business means having multiple strengths

(00:39:43) – Building out the Scratch Kitchen model

(01:00:42) – The Scratch Kitchen system for removing friction from on-demand food

(01:12:53) – How Scratch Kitchen compares to a ghost kitchen

(01:28:16) – The concept of food APIs

ABOUT SCRATCH KITCHEN

Scratch Kitchen is a fascinating window into where restaurants are headed. Scratch Kitchen is delivery takeout only. It's considered an on-demand native type of restaurant. Each location has multiple brands under one roof, so families and groups can order everything from sandwiches to salads, to burgers, and much more with a single purchase. They even sell a limited selection of groceries, and you can just imagine where this is headed in the future with potentially things like expanding groceries and selling alcohol. 

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ABOUT OUTLIER ACADEMY

Learn timeless lessons on work and life from iconic founders, world-renown investors, and bestselling authors. Outlier Academy is the forever school for those chasing greatness. Past guests include Gokul Rajaram of DoorDash, Scott Belsky of Benchmark and Adobe, Joey Krug of Pantera Capital, Mark Sisson of Primal Kitchen, Luke Gromen of The Forest for the Trees, and Brian Scudamore of 1-800-GOT-JUNK.

Website: https://www.outlieracademy.com

Twitter: https://www.twitter.com/outlieracademy

ABOUT DANIEL SCRIVNER

Outlier Academy is hosted by Daniel Scrivner. Over the last 15 years, Daniel has led design teams at Square and Apple, turned around a $3M+ ARR SaaS business, and invested in more than 100 companies. He launched Outlier Academy in 2020 to learn from the world’s best founders, investors, authors, and peak performance experts.

Website: https://www.danielscrivner.com

Twitter: https://www.twitter.com/danielscrivner

Learn more about your ad choices. Visit megaphone.fm/adchoices

In Episode #23, we explore launching the compound kings ETF and building an investment process. We’re joined by Robert Cantwell, Founder and CIO of Upholdings. We cover Robert’s thoughts on the evolving ETF space, the importance of a concentrated portfolio, and why now is the worst time to invest in technology and innovation.

“I think the best investors are operators and the best operators are investors.” – Robert Cantwell

EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED)

https://www.danielscrivner.com/notes/robert-cantwell-outliers-show-notes 

FULL TEXT TRANSCRIPT

https://www.danielscrivner.com/notes/robert-cantwell-outliers-transcript 

CHAPTERS

This episode is our definitive guide to launching an ETF and building an investment process. In it we cover:

(00:00:00) – Introduction

(00:01:49) – Robert’s thoughts on the evolving ETF space

(00:05:30) – Why a concentrated portfolio is important

(00:16:28) – Robert’s experience with Elevation Partners working with Bono

(00:21:26) – Lessons learned as an investor vs. an operator

(00:26:26) – Background on Compound Kings (KNGS)

(00:32:29) – On share repurchases

(00:41:38) – On investing in Palm earlier in his career

(00:46:04) – Why now is the worst time to invest in technology and innovation, aside from blockchain

(00:53:15) – Why the best investors are operators and the best operators are investors

(00:59:32) – Misconceptions about Chinese technology companies

(01:17:57) – Mandates and regulations around ETFs

(01:23:55) – Robert’s advice to investors

ABOUT UPHOLDINGS AND ROBERT CANTWELL

Robert Cantwell converted his hedge fund into an ETF named Compound Kings, ticker symbol, KNGS. Robert's background is fascinating. He started his career at private equity firm Elevation Partners where he got to work with U2's lead singer Bono, who happened to co-found the firm. He then went on to work as an analyst at the long/short hedge fund Meru Capital. From there, he jumped into an operations role at Everlane, where he served as Everlane's CFO for five years, all before founding his investment firm Upholdings and launching Compound Kings. And Robert shares some incredible stories from what it was like to work with Bono, to how he got the SEC's okay to invest a portion of Compound King into private illiquid venture backed companies to give everyday ETF investors access to those opportunities.

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Overcast: https://overcast.fm/itunes1523851182

ABOUT OUTLIER ACADEMY

Learn timeless lessons on work and life from iconic founders, world-renown investors, and bestselling authors. Outlier Academy is the forever school for those chasing greatness. Past guests include Gokul Rajaram of DoorDash, Scott Belsky of Benchmark and Adobe, Joey Krug of Pantera Capital, Mark Sisson of Primal Kitchen, Luke Gromen of The Forest for the Trees, and Brian Scudamore of 1-800-GOT-JUNK.

Website: https://www.outlieracademy.com

Twitter: https://www.twitter.com/outlieracademy

ABOUT DANIEL SCRIVNER

Outlier Academy is hosted by Daniel Scrivner. Over the last 15 years, Daniel has led design teams at Square and Apple, turned around a $3M+ ARR SaaS business, and invested in more than 100 companies. He launched Outlier Academy in 2020 to learn from the world’s best founders, investors, authors, and peak performance experts.

Website: https://www.danielscrivner.com

Twitter: https://www.twitter.com/danielscrivner

Learn more about your ad choices. Visit megaphone.fm/adchoices

In Episode #22, we explore real-time optimization in metabolic health. We’re joined by Josh Clemente, Co-founder of Levels. We cover the basics of ketones and ketosis, how real-time data can help people choose the foods and activities that are healthiest for them, and surprising insights from Levels customer data.

“The most important things that I do every day are to take walks after my meals and make sure that I sleep a full eight hours. Those two simple things, which require a lot of adjusting for your lifestyle, have an outsized impact over the years and decades as they compound.” – Josh Clemente

EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED)

https://www.danielscrivner.com/notes/josh-clemente-outliers-show-notes 

FULL TEXT TRANSCRIPT

https://www.danielscrivner.com/notes/josh-clemente-outliers-transcript 

CHAPTERS

This episode is our definitive guide to real-time optimization in metabolic health. In it we cover:

(00:00:00) – Introduction

(00:02:23) – How Josh’s engineering background and role at SpaceX led to the creation of Levels

(00:07:39) – How a ketogenic diet can affect your life expectancy

(00:10:09) – The basics of ketones and ketosis

(00:15:47) – How real-time data can help people choose the foods and activities that are healthiest for them

(00:30:43) – Surprising insights from Levels customer data

(00:33:13) – How Levels converts raw data into easy-to-understand scores

(00:45:15) – Whether glucose alone is the best indicator of overall health

ABOUT JOSH CLEMENTE AND LEVELS

Before founding Levels, Josh Clemente was the lead Life Support Systems engineer at SpaceX. One day, while doing research, he came across a startling study that would change his life forever. Josh is the founder and president of Levels, which is revolutionizing the world of individualized health. Levels combines an off-the-shelf glucose sensor with an iOS or Android app that you use to log everything that you eat and do.

It then provides a simple score that captured how each meal and activity positively or negatively affects your own individual metabolism and glycemic index, all to help you better understand how your own body works and reacts to everything that you do. Josh shares how Levels helped him find out he was nearly pre-diabetic, even though he's a CrossFit trainer and looked and felt incredibly healthy. We go deep on what glucose is and why it matters, how our choices shape our metabolism moment to moment, how a little activity after a big meal can have a big difference in how it affects our bodies, and how to improve everything from your sleep to overall energy level with personal insights from Levels.

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Overcast: https://overcast.fm/itunes1523851182

ABOUT OUTLIER ACADEMY

Learn timeless lessons on work and life from iconic founders, world-renown investors, and bestselling authors. Outlier Academy is the forever school for those chasing greatness. Past guests include Gokul Rajaram of DoorDash, Scott Belsky of Benchmark and Adobe, Joey Krug of Pantera Capital, Mark Sisson of Primal Kitchen, Luke Gromen of The Forest for the Trees, and Brian Scudamore of 1-800-GOT-JUNK.

Website: https://www.outlieracademy.com

Twitter: https://www.twitter.com/outlieracademy

ABOUT DANIEL SCRIVNER

Outlier Academy is hosted by Daniel Scrivner. Over the last 15 years, Daniel has led design teams at Square and Apple, turned around a $3M+ ARR SaaS business, and invested in more than 100 companies. He launched Outlier Academy in 2020 to learn from the world’s best founders, investors, authors, and peak performance experts.

Website: https://www.danielscrivner.com

Twitter: https://www.twitter.com/danielscrivner

Learn more about your ad choices. Visit megaphone.fm/adchoices

In Episode #21, we explore investing in buy-and-build compounders in public markets. We’re joined by Dan Roller, Founder and CIO of Maran Capital. We cover how building investment knowledge is like training for the Ironman, the value vs. growth debate, and investing in SPACs.

“What you need to do, I think, is constantly update your thesis as you go, which can allow for longer holding periods, because things do change. And at the same time, I go into investments with a multi-year horizon—but my thesis might be disproven fairly quickly.” – Dan Roller

EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED)

https://www.danielscrivner.com/notes/dan-roller-outliers-show-notes 

FULL TEXT TRANSCRIPT

https://www.danielscrivner.com/notes/dan-roller-outliers-transcript 

CHAPTERS

This episode is our definitive guide to investing in buy-and-build compounders in public markets. In it we cover:

(00:00:00) – Introduction

(00:01:50) – MOI Global and Dan’s start in the investment world

(00:11:20) – The formation of Maran Capital

(00:14:59) – Choosing your hunting ground and creating structural advantages 

(00:21:21) – Researching and choosing companies to invest in

(00:28:27) – How building investment knowledge is like training for the Ironman

(00:32:17) – Examples and basics of buy-and-build companies

(00:41:04) – How buy-and-build can go wrong

(00:51:40) – The value vs. growth debate

(00:54:57) – Investing in SPACs

(00:58:06) – Thesis drift and mental models

(01:02:21) – Resources for learning about investing

ABOUT MARAN CAPITAL

Dan Roller is Founder and CIO of Maran Capital Management, a boutique, values-driven investment manager that 've been following intently for the last few years. I love the way that Dan sees the world, and I never miss reading one of his investor letters. In this episode, we go deep on how becoming a better investor is similar to training for an Ironman competition, why Dan focuses on what he calls buy and build companies and some of his favorite historic and recent examples there, his approach to investing in special situations and what defines a good or bad opportunity.

I get his thoughts on SPACs and why he sees some interesting opportunities in the world today. Dan is a remarkable investor. Before he founded Maran Capital management in 2015, he worked as an analyst for over a decade at firms like Credit Suisse First Boston, Impala Asset Management, Avesta Capital Advisors, and Scopus Asset Management.

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Overcast: https://overcast.fm/itunes1523851182

ABOUT OUTLIER ACADEMY

Learn timeless lessons on work and life from iconic founders, world-renown investors, and bestselling authors. Outlier Academy is the forever school for those chasing greatness. Past guests include Gokul Rajaram of DoorDash, Scott Belsky of Benchmark and Adobe, Joey Krug of Pantera Capital, Mark Sisson of Primal Kitchen, Luke Gromen of The Forest for the Trees, and Brian Scudamore of 1-800-GOT-JUNK.

Website: https://www.outlieracademy.com

Twitter: https://www.twitter.com/outlieracademy

ABOUT DANIEL SCRIVNER

Outlier Academy is hosted by Daniel Scrivner. Over the last 15 years, Daniel has led design teams at Square and Apple, turned around a $3M+ ARR SaaS business, and invested in more than 100 companies. He launched Outlier Academy in 2020 to learn from the world’s best founders, investors, authors, and peak performance experts.

Website: https://www.danielscrivner.com

Twitter: https://www.twitter.com/danielscrivner

Learn more about your ad choices. Visit megaphone.fm/adchoices

In Episode #20, we explore incentive structures in crypto and Web3. We’re joined by Rennick Palley, Founder and CEO of Stratos. We cover SPACs as the activist investing tool of the future, exploring crypto and protocols built on top of Ethereum, and how Stratos helps DeFi protocols launch new markets.

“If there's one innovation in crypto, it's incentive structures that actually drive people to do things that benefit the whole. That is so huge. But these automated market makers create liquidity for the long tail. And so if everything is suddenly liquid, what happens there? What are the emergent results?” – Rennick Palley

EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED)

https://www.danielscrivner.com/notes/rennick-palley2-outliers-show-notes 

FULL TEXT TRANSCRIPT

https://www.danielscrivner.com/notes/rennick-palley2-outliers-transcript 

CHAPTERS

This episode is our definitive guide to incentive structures in crypto and Web3. In it we cover:

(00:00:00) – Introduction

(00:01:54) – What’s next for Stratos Technologies

(00:06:12) – Why SPACs are the activist investing tool of the future

(00:09:11) – What the youngest generation of investors want to invest in

(00:11:28) – How SPACs can play by different rules when telling their story

(00:19:03) – Exploring crypto and protocols built on top of Ethereum

(00:28:51) – How Stratos helps DeFi protocols launch new markets

ABOUT RENNICK PALLEY AND STRATOS

Rennick Palley is the Managing Partner and Chief Investment Officer at Stratos Technologies. Since founding Stratos in 2016, Rennick has led over $250 million in venture debt financing for companies like Dave, Tala, Resy, and ClearBank. Before founding Stratos, Rennick worked as a research associate at Sanders Capital, the 40 billion global equity manager founded by Lewis Sanders, formerly Chairman and CEO of AllianceBernstein. Rennick holds a bachelor's of science in applied mathematics as well as mechanical engineering, and he also has a master's in quantitative finance from MIT.

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Overcast: https://overcast.fm/itunes1523851182

ABOUT OUTLIER ACADEMY

Learn timeless lessons on work and life from iconic founders, world-renown investors, and bestselling authors. Outlier Academy is the forever school for those chasing greatness. Past guests include Gokul Rajaram of DoorDash, Scott Belsky of Benchmark and Adobe, Joey Krug of Pantera Capital, Mark Sisson of Primal Kitchen, Luke Gromen of The Forest for the Trees, and Brian Scudamore of 1-800-GOT-JUNK.

Website: https://www.outlieracademy.com

Twitter: https://www.twitter.com/outlieracademy

ABOUT DANIEL SCRIVNER

Outlier Academy is hosted by Daniel Scrivner. Over the last 15 years, Daniel has led design teams at Square and Apple, turned around a $3M+ ARR SaaS business, and invested in more than 100 companies. He launched Outlier Academy in 2020 to learn from the world’s best founders, investors, authors, and peak performance experts.

Website: https://www.danielscrivner.com

Twitter: https://www.twitter.com/danielscrivner

Learn more about your ad choices. Visit megaphone.fm/adchoices

In Episode #19, we explore investing in Web3 and private credit. We’re joined by Rennick Palley, Founder and CEO of Stratos. We cover learnings from Rennick’s work at Sanders Capital, reflexivity in investing, and how venture-backed tech is underlevered.

“I think every stock that has future growth can be value, and every stock that is value can also be growth. They go together.” – Rennick Palley

EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED)

https://www.danielscrivner.com/notes/rennick-palley1-outliers-show-notes 

FULL TEXT TRANSCRIPT

https://www.danielscrivner.com/notes/rennick-palley1-outliers-transcript 

CHAPTERS

This episode is our definitive guide to investing in Web3 and private credit. In it we cover:

(00:00:00) – Introduction

(00:02:10) – Rennick’s background and how he got started in investing

(00:07:37) – Learnings from Rennick’s work at Sanders Capital

(00:21:17) – Intro to Stratos Technologies

(00:26:13) – Reflexivity in investing

(00:31:55) – Capital structure, and how venture-backed tech is underlevered

ABOUT RENNICK PALLEY AND STRATOS

Rennick Palley is the Managing Partner and Chief Investment Officer at Stratos Technologies. Since founding Stratos in 2016, Rennick has led over $250 million in venture debt financing for companies like Dave, Tala, Resy, and ClearBank. Before founding Stratos, Rennick worked as a research associate at Sanders Capital, the 40 billion global equity manager founded by Lewis Sanders, formerly Chairman and CEO of AllianceBernstein. Rennick holds a bachelor's of science in applied mathematics as well as mechanical engineering, and he also has a master's in quantitative finance from MIT.

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ABOUT OUTLIER ACADEMY

Learn timeless lessons on work and life from iconic founders, world-renown investors, and bestselling authors. Outlier Academy is the forever school for those chasing greatness. Past guests include Gokul Rajaram of DoorDash, Scott Belsky of Benchmark and Adobe, Joey Krug of Pantera Capital, Mark Sisson of Primal Kitchen, Luke Gromen of The Forest for the Trees, and Brian Scudamore of 1-800-GOT-JUNK.

Website: https://www.outlieracademy.com

Twitter: https://www.twitter.com/outlieracademy

ABOUT DANIEL SCRIVNER

Outlier Academy is hosted by Daniel Scrivner. Over the last 15 years, Daniel has led design teams at Square and Apple, turned around a $3M+ ARR SaaS business, and invested in more than 100 companies. He launched Outlier Academy in 2020 to learn from the world’s best founders, investors, authors, and peak performance experts.

Website: https://www.danielscrivner.com

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In Episode #18, we explore becoming a better writer. We’re joined by Verlyn Klinkenborg, author and Yale professor. We cover learning from farm life and work, finding rhythm in writing, and debunking writing cliches. 

“So what I do now is essentially help students escape from their education. That's my enterprise every year. And it's always fun, because they escape quite readily. They all know that what they're making in their classes is an artificial product that doesn't actually have any particular interest for anyone except them.” – Verlyn Klinkenborg 

EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED)

https://www.danielscrivner.com/notes/verlyn-klinkenborg-outliers-show-notes 

FULL TEXT TRANSCRIPT

https://www.danielscrivner.com/notes/verlyn-klinkenborg-outliers-transcript 

CHAPTERS

This episode is our definitive guide to becoming a better writer. In it we cover:

(00:00:00) – Introduction

(00:01:54) – Rural life and the “home place”

(00:04:50) – Raising animals and eating meat

(00:11:07) – Learnings from farm life and work

(00:15:35) – Verlyn’s reading habits

(00:28:40) – Verlyn’s book Several Short Sentences About Writing

(00:34:49) – What is academic prose?

(00:40:08) – Why people should use shorter sentences in writing

(00:44:43) – Finding rhythm in writing

(00:48:49) – Self authorization and noticing the world around you

(00:55:26) – Writing cliches that are untrue

(01:06:43) – Writing is rooted in experience more than language

ABOUT SEVERAL SHORT SENTENCES ABOUT WRITING

Verlyn Klinkenborg teaches creative writing at Yale University, and was a member of the editorial board of The New York Times for 16 years. His work has been featured in The New Yorker, Harper’s Magazine, Esquire, and National Geographic, and he has authored several books, including Several Short Sentences About Writing. This book aims to debunk general cliches about writing and creativity and remove obstacles keeping us from clear self-expression.

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Overcast: https://overcast.fm/itunes1523851182

ABOUT OUTLIER ACADEMY

Learn timeless lessons on work and life from iconic founders, world-renown investors, and bestselling authors. Outlier Academy is the forever school for those chasing greatness. Past guests include Gokul Rajaram of DoorDash, Scott Belsky of Benchmark and Adobe, Joey Krug of Pantera Capital, Mark Sisson of Primal Kitchen, Luke Gromen of The Forest for the Trees, and Brian Scudamore of 1-800-GOT-JUNK.

Website: https://www.outlieracademy.com

Twitter: https://www.twitter.com/outlieracademy

ABOUT DANIEL SCRIVNER

Outlier Academy is hosted by Daniel Scrivner. Over the last 15 years, Daniel has led design teams at Square and Apple, turned around a $3M+ ARR SaaS business, and invested in more than 100 companies. He launched Outlier Academy in 2020 to learn from the world’s best founders, investors, authors, and peak performance experts.

Website: https://www.danielscrivner.com

Twitter: https://www.twitter.com/danielscrivner

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