Podcast Notes Playlist: Business

• There are two types of ambition: Type 1 ambition and Type 2 ambition

• Type 1 ambition craves activity and feasts at the buffet of appealing opportunities that success creates
• Type 2 ambition craves simplicity and autonomy, and sees success as a source of leverage to reduce stressful obligations

Get your questions answered by Cal! Here’s the link: bit.ly/3U3sTvo

DEEP DIVE: The Two Types of Ambition [4:36]

- LIVE CALL: Escaping the “Second Control Tap” [28:10]
- Can journaling make me a better writer? [53:26]
- What’s an example of a keystone habit for building community? [56:03]
- Can Cal give an example of a quarterly plan? [1:00:00]
- How does Cal choose what books to read? [1:06:16]

- What’s is Cal’s philosophy on caffeine? [1:15:12]
- How can a teenager prepare to live deeply? [1:20:59]

Thanks to our Sponsors:

givingwhatwecan.org/deep
masterclass.com/deep
eightsleep.com/deep
zocdoc.com/deep


Thanks to Jesse Miller for production, Jay Kerstens for the intro music, and Mark Miles for mastering.

Nik Sharma is a brand builder. He's the creator of Sharma Brands (a marketing agency that's worked with MrBeast and Emma Chamberlain). In this conversation, we spoke about not going to college, how he's used Twitter effectively, the two skills everyone should learn if they're about to graduate college, and how he got in contact with Mark Cuban via cold email.

(0:00) Bob The Builder

(2:16) Nik’s Childhood Teacher

(6:39) Skills To Learn

(9:49) Mark Cuban Email

(13:45) Vibes

(14:40) David Perell Friendship

(16:08) Saving Cousin’s Life

(18:49) Death

(21:11) Building A Brand

(26:55) Working With MrBeast

(33:30) Working With Emma Chamberlain

(37:04) Small Inflection Points

(40:45) Not Going To College

(47:00) Gary Vaynerchuk

(49:55) Scaling Sharma Brands

(53:39) Twitter

(59:20) Challenge

Nik's Links

Twitter: https://twitter.com/mrsharma

Cold Email Thread: https://twitter.com/mrsharma/status/1463205121979002890

My Links

✉️ Newsletter: https://dannymiranda.substack.com

🎙 Podcast: https://anchor.fm/dannymiranda

🎥 YouTube: https://youtube.com/dannymiranda

🐣 Twitter: https://twitter.com/heydannymiranda

📸 Instagram: https://instagram.com/heydannymiranda

🕺 TikTok: https://tiktok.com/@heydannymiranda

• Check Out the 20VC Episode Page & Show Notes

Chris Sacca is the Founder and Chairman @ Lowercase Capital, one of the best performing funds in the history of venture capital with a portfolio including Uber, Stripe, Twitter, Instagram, Twilio, Docker and many more.

• From interviewing some of the world's richest married couples, how did gaining wealth change their relationship and marriage?
• What does Chris do to actively ensure his children remain hungry and know the value of money?

Chamath Palihapitiya is Founder & CEO @ Social Capital. Social’s portfolio includes the likes of Slack, Yammer, Front, Intercom and Carta to name a few.

• What does Chamath mean when he says we need to think through the mindset of "infinite games" not finite games? How does this change how you think about money?
• How does Chamath think about his relationship to risk today as a result?

Brad Gerstner is the Founder and CEO of Altimeter. Brad’s notable deals that he has helped lead include Snowflake, Mongo, Bytedance, Gusto, Unity, Okta, dbt, Modern Treasury, EPIC Games, Hotel Tonight and Zillow.

• What is the most important thing parents can do to ensure that despite wealth, their children remain grounded and ambitious?
• Why does Brad, despite being a billionaire, still live in a modest house and not spend on the excesses of life? How does Brad embrace essentialism with wealth?

Cyan Banister is one of the most successful and renowned early-stage investors in the last decade. Her portfolio includes the likes of SpaceX, Uber, Affirm, Opendoor Postmates, Niantic and Thumbtack to name a few.

• Why did Cyan used to hate money? Why was she "anti-capitalist"?
• How does Cyan approach risk management today? Why does she invest every dollar she makes back into the ecosystem?

George Zachary is a General Partner @ CRV, one of the nation's oldest and most successful early-stage venture capital firms with a portfolio including the likes of Airtable, DoorDash, Dropbox, Niantic and many more.

• What did George learn about how the way people view you changes with your increasing wealth?
• Why does George believe rich people like to hang out with rich people?

Biz Stone is best known as the Co-Founder of Twitter and Medium. Biz is also an investor in the likes of Slack, Square, Intercom, Beyond Meat and Blue Bottle Coffee.

• What does Biz mean when he says, "wealth only serves to amplify the person you are?"

• The majority of companies who have made money on the internet have done so via closed AI; Stability AI is an open source alternative to Big Tech’s closed AI system
• Open systems are more robust, resilient, and safe than closed systems which often become brittle, fragile, and centralized 
• People are not the same around the world; the moral and ethical conversation around AI improves when more people from all around the world can participate
• The last generation of AI was patterns-based; the next generation of AI will be principles-based
• Combining principles-based AI with patterns-based AI will solve problems that were previously unsolvable 
• The AI of the future will be too powerful to be controlled by any one company or government; that would be too much power for an unelected company, and governments should not control it either
• Giving everyone personalized access to intelligent resources will enable everyone to out-compete the legacy systems and create a better world 
• Open AI helps shift society’s mindset from scarcity to abundance 
• It’s important for AI to be open so that countermeasures can be built to prevent corporations and governments from creating the panopticon 
• A closed, AI-enhanced government would make it impossible for the individual to rise up and change its government  
• AI is the greatest lever that humanity has ever been given, according to Jim O’Shaughnessy
• Artificial intelligence is one of the most powerful technologies that we’ve created because this technology is us and extends us 
• The bad guys have this tech right now; in order to limit the damage they can do, AI must be made open to benefit most from cognitive diversity 

Emad Mostaque is the founder and CEO of Stability AI, the company behind Stable Diffusion.

Emad joins Stability AI’s recently announced Executive Chair of the board of directors Jim O’Shaughnessy to discuss the future of AI, the benefits of open source software, and much more.

Important Links:

• Stability AI
  
• Stable Diffusion Launch Announcement
  
• Stability AI’s Twitter
  
• Emad’s Twitter
  
• Jim’s announcement as Executive Chair
  

Show Notes:

• The open vs closed AI debate
  
• How will open AI lead to better outcomes for AI safety?
  
• How will AI allow us to to solve previously unsolvable problems?
  
• How AI can transform education
  
• AI and storytelling
  
• What is ‘clean’ data?
  
• Can AI technology increase IQs across the entire world?
  
• The future: optimism, pessimism, jobs, AI alignment and the panopticon
  
• Why closed AI is a bad business model
  
• Anticipating and defending against future problems
  
• What two ideas would you like to give everyone in the world?
  

Books Mentioned:

• The WEIRDest People in the World; by Joseph Henrich