Podcast Notes Playlist: Startup

Modern Wisdom

Podcast Notes Key Takeaways

• Have a vector that orients your time, attention, and energy towards achieving your goal, and allow for subroutines to develop off of that vector that get you closer to your goal 
• Design an information diet like you would design your diet with food: this information is good, this information is bad, don’t consume this type of information, only consume this type of media during this specific time of day, etc. 
• Failing restaurants add sugar to their meals as a last-ditch effort to attract patrons back to their restaurant, and the legacy media does the same with information 
• Twitter is the public war zone; it is the new parliament where ideas are shared and challenged, and it’s actually upstream of governments 
  • You can learn a lot from Twitter by following interesting people and accounts, but it is easy to overdose on the serendipity of it 
• “What thesmartest people do on the weekends is what everyone else will do during the week in 10 years.” – Chris Dixon
• Technologies that Balaji is interested in today: digital nomadism, a “full crypto life”, AI content creation, and synthesis search engines
• Wars fought today will not look like wars fought in the past; they will include terrorism, social media memes, hacks, de-platforming, assassination, and more
  • The new form of war is better because it’s less destructive to property, but it’s worse because the battlefield is everywhere and nowhere 
• America’s conflict won’t be blue vs. red, it will be green vs. orange, or at a higher level: centralization vs. decentralization 
• “I am not very confident in America’s hard power in a serious fight with China in its own backyard because America is overconfident.” – Balaji Srinivasan 
• Russia cannot give up on Ukraine; China cannot give up on Taiwan; America can and probably will give up on Ukraine and Taiwan like it gave up on Afghanistan 
• The resolution of the government’s war with Big Tech is to effectively nationalize Big Tech, regardless of the justification, and it will justify its measures in the name of combatting Chinese Control
• Choosing betweenAmerican Anarchy and Chinese Control is not ideal for most countries or most people 
• The Cold War had a “third world” consisting of non-aligned countries with neither the U.S. nor the Soviets, but it was significantly behind the U.S. and Soviet blocs
  • Balaji thinks a third group could emerge in the America-China conflict, but perhaps this time, it comes in first because of the modern technologies that empower the individual 

Read the full notes @ podcastnotes.org

Balaji Srinivasan is an entrepreneur and essayist, he was co-founder of Counsyl, former chief technology officer of Coinbase and former general partner at Andreessen Horowitz.

Our information diets are making us mentally fat. Whether it's fake news, mis or disinformation, state propaganda or conspiracy theories, the world is very difficult to navigate. Balaji also wants to start a new type of country, he has views on how to optimise your working day and he generates more new ideas than almost anyone. Today we get an insight into his thought process behind all of this.

Expect to learn why socialism always continues to arise across the world, how Balaji tracks all of the ideas he has in his head, why Singapore is a powerhouse of a new country, how immigration will deal with remote VR workers in India, why everyone should use a dashboard to track what's going on in their life, the key trick that the legacy media uses to manipulate you and much more...

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Read The Network State - https://thenetworkstate.com/ 

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Mike Maples, Jr of FLOODGATE welcomes back go-to-market expert and Stanford Graduate School of Business lecturer Mark Leslie for the second of their two-part interview, this time focusing on the role and responsibilities of a CEO and a deep dive into Leslie’s Compass, an essential set of heuristics for every startup founder. Leslie also discusses the value of founders focusing on a five-year plan for their startup, why it’s challenging to make meaningful change inside a large company, and why every founder should understand the relationship between their sales and marketing departments.

Are you stuck creating on the couch? In today's episode, we explain how one small group can change the world, debate whether these people need to meet in real life, and Delian shares why he feels start-ups must hire based on merit. Hosts Sahil Bloom and Greg Isenberg are joined by guest Delian Asparouhov, principal at the Founders Fund and co-founder of Varda. Delian explains the secret to running a billion-dollar fund while simultaneously launching his first company, shares his take on where the venture world is headed and explains how China is taking control with TikTok.

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THIS EPISODE

Delian Asparouhov: https://twitter.com/zebulgar

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SHOW NOTES

00:00 Sneak Peek

01:11 Welcoming Delian

02:23 How a Small Group Can Change the World

07:54 Hiring Based on Merit

10:14 Did ESG Create Change?

13:40 TikTok Data Rights

17:36 You Can’t Change the World from Your Couch

21:55 Greg's Unique Perspective On Working Hard and a 10-Year Bet

28:33 What is Varda and its Origin Story?

37:31 Separating Design (+) Manufacturing = Innovation

42:51 How to Become a Leader and Expert in Space

45:34 The Secret to Founding a Start-Up and Running a Fund

50:48 Delian’s Origin Story and His Prediction for the Future

56:04 Thanks for Listening

During the 1990s, Mark co-founded Veritas Systems, which he piloted from nothing to 6,000 employees and $1.5B in revenue in a decade. Now a lecturer in management at the Stanford Graduate School of Business, Leslie is one of the foremost experts in go-to-market strategy in Silicon Valley, and in the first of this two-part series with Mike Maples, Jr of FLOODGATE, Leslie discusses what strategies he used to make Veritas a runaway success, and the origins for the Sales Learning Curve.

Knowledge Project

My guest is Indian entrepreneur and venture capitalist Kunal Shah who calls on his decades of entrepreneurial experience to discuss what he’s learned about what motivates people, and how observing trends hiding in plain sight has made him a runaway success in business.

We also discuss the many cultural differences between India and the West, what he learned growing up in the family business and how he applies it today, observing reality, why he dropped out of an MBA program, strategies for decision-making, and so much more.

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Brian Armstrong is the CEO of Coinbase. Please support this podcast by checking out our sponsors: – Audible: https://audible.com/lex – Skiff: https://skiff.org/lex – BiOptimizers: http://www.magbreakthrough.com/lex to get 10% off – Fundrise: https://fundrise.com/lex – Athletic Greens: https://athleticgreens.com/lex and use code LEX to get 1 month of fish oil EPISODE LINKS: Brian’s Twitter: https://twitter.com/brian_armstrong Brian’s Instagram: https://www.instagram.com/brian_armstrong Coinbase’s Website: https://www.coinbase.com ResearchHub: https://www.researchhub.com NewLimit: https://www.newlimit.com/ PODCAST INFO: Podcast website: https://lexfridman.com/podcast Apple Podcasts: https://apple.co/2lwqZIr Spotify: https://spoti.fi/2nEwCF8 RSS: https://lexfridman.com/feed/podcast/ YouTube Full Episodes: https://youtube.com/lexfridman YouTube Clips: https://youtube.com/lexclips SUPPORT & CONNECT: – Check out the sponsors above, it’s the best way to support this podcast – Support

Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) talk to Co-Founder & CTO of HubSpot, Dharmesh Shah (@dharmesh), about why a bad economy is a good time to start a business, creating an alternative to Wordle, and the trillion dollar Venn diagram of success.

Also, want $5,000? Check out the My First Million Clips contest.

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Links:

* HubSpot

* Why to Start a Startup in a Bad Economy article

* WordPlay

* Maven writing course

* Shaan tweet about starting the next Pixar

* Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel.

* Want more insights like MFM? Check out Shaan's newsletter.

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Show Notes:

(02:10) - Why renting is better than owning

(25:20) - Framework for three types of employees

(35:05) - Why Dharmesh built WordPlay

(01:07:55) - Driving value through an intersection of skills (Trillion dollar Venn diagram)

(01:12:10) - Why Shaan is starting the next Pixar

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Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more.

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Additional episodes you might enjoy:

• #224 Rob Dyrdek - How Tracking Every Second of His Life Took Rob Drydek from 0 to $405M in Exits

• #209 Gary Vaynerchuk - Why NFTS Are the Future

• #178 Balaji Srinivasan - Balaji on How to Fix the Media, Cloud Cities & Crypto

#169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett

• ​​​​#218 - Why You Should Take a Think Week Like Bill Gates

• Dave Portnoy vs The World, Extreme Body Monitoring, The Future of Apparel Retail, "How Much is Anthony Pompliano Worth?", and More

• How Mr Beast Got 100M Views in Less Than 4 Days, The $25M Chrome Extension, and More

There are nearly 4000 universities in the U.S.. Many of them have billions of dollars in endowments and histories that go back to well before the country's founding. So you'd be forgiven for thinking that it would be a bit ridiculous to try and compete with those Goliaths. 

But that's exactly what the new University of Austin or UATX is doing. The premise, of course, is simple, and it goes like this. While the brand name schools have the money, they no longer have the mission. They have fundamentally abandoned the point of the university, which is the pursuit of truth. The good people at UATX, where I'm proud to be on the board, are not waiting for the broken status quo to change. They're not sitting around criticizing or whining. They are doing. 

Just a few weeks ago, UTAX opened its doors to its first students at its inaugural summer school. I was blown away by the students that I met there, and I was honored to lecture alongside teachers like Neil Ferguson, Kathleen Stock, Ayaan Hirsi Ali, Rob Henderson and Thomas Chatterton Williams. And today I wanted to share with all of you the talk that I gave at the old parkland in Dallas to that first class of students. It's about the broken moment that we're in as a culture and a country, but more it's about what I think is required of us to meet this moment.

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

Marc Andreessen, cofounder and general partner at Andreessen Horowitz, cofounder of Netscape, and co-creator of the influential Mosaic web browser joins The Realignment to discuss how the second industrial revolution (1880s-1920s) shapes his view of America today, the consequences of the shift from a high to low institutional trust society, the response to Web3 skeptics, how crashes shape the tech industry, and why it's "time to build."

Shaan Puri (@ShaanVP) sits down with entrepreneur and former CEO of Native, Moiz Ali (@MoizAli), to talk about how to find the competitive advantage for your business, three common mistakes DTC brands make, investment tips and more.

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Links:

* Native

* Haldirams

* Manscaped

* Brumate

* Moiz's sell sheet tweet

* Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel.

* Want more insights like MFM? Check out Shaan's newsletter.

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Show Notes:

(04:20) - Starting Native in secret

(13:50) - Figuring out your competitive advantage

(24:00) - Common mistakes in DTC brands

(35:00) - Stock tips on D2C tech companies

(38:10) - Real estate investments