Creators Who Have Made $50M+, Multi-Million Car Businesses, and Sam Altman

so he's got is it the daily wire is that what it's called daily wire so this is like a subscription media company that he created because they're just sort of like anti mainstream media that became a big thing like fake news and f the mainstream media well why don't we create an alternative the daily wire and the daily wire does some insane numbers it's like only in year three or four or something like this very new and it does over a hundred million a year in subscription revenue yeah and have you heard of their their spin off jeremy's razors no what is dude you've gotta go to this dude i've had a hell of a of a of a day i'm not gonna say who but check this out friend wanted to come skateboarding with me so naturally he got a concussion so i took him to the hospital by the way did you even get like an hour of skateboarding in or was this like i got an hour in i got an hour in yeah and then he was getting hyped up seeing me do stuff he fell hit his head take him to the hospital to get his concussion checked out turns out while we while we were there while they were getting the scan their appendix rupture and they get rushed overnight or they get he they have to stay there overnight get rushed to the a different hospital emergency appendix surgery so this head injury basically saved his life and they were like i don't know like this is doesn't get from god but you definitely could have died from this did the appendix get damaged in the skateboard fall or no just separately happen to be the same time separate there's just a weird turn of events very separate so that's where i've been so i'm a little dis shuffle but i'm wearing my cool guy jacket now that's my new thing i'm gonna be the token cool guy you could be the nerd congrats no this is real leather bro this ain't the this ain't tesla vegan leather but i'm in my cool guy off so i'm good to go yeah cool is what i would describe that as that's good alright where where shall we start where do you wanna start are we still is sam still showing up to the by empty handed or is he bringing in ideas to the table where are we at with this whole well sam does your saying i know you started with a doctor's note there so is that your excuse for while you don't have any topics we i just went over a lot of my topics i was the one who did the topics oh you wanna talk about your new seed oil only diet and that way you told me that you're doing a seed oil only diet all oil diet dude so like seed oils are all the rage right now is it just in my world we start talking about them and i'm seeing everywhere people are so anti seed oils my friend dennis was like screw i'm only eating seed oils from now on i looked yesterday at the bag of i was like you know what i kinda wanna have one of these little little bag of this little pretzel thing for a second i just let me just check the check the stats on this i was like it's not so bad not there not too many calories whatever and i looked at the the ingredients i saw canola oil on there or something like that you know sunflower oil whatever these things are and it was a sam voice in my head that just told me these things kill you and so i decided i decided to put it down i drinking big tall glass of water instead so pretty pretty big net win there for me yeah i don't know why it's bad for you but someone on twitter told me it was therefore it's true if it's if it's written down on twitter or if it rhymes or if it's like a cute phrase i automatically believe it iterations rhymes are four people i don't know either any one of those three and i'm in let me tell you two things one you said something about like oh it's beautiful as well done and it reminded me i yesterday i found an may what would be an amazing d product not amazing like hundreds of millions of dollars but a d business that is i know would just it would work it would work really well it would be very profitable i'm looking if somebody wants to operate it i i i will just simply give you an idea and a playbook and then i'll take my share and we can we can start this company but basically it would require somebody who's good at things that are beautifully done so this i think requires the feminine touch so i'm sort of fishing on a dry pond here with this with this podcast but to our four female listeners if any and any of the four of you you got a a twenty five percent chance each here to to step in and take it or to one of our male listeners if you i don't know see if it female today let her know about this opportunity i'm looking for somebody who could do something that is the product is beautifully done it would be a successful d product i have no doubt in my mind you would just need to be good at a couple things you know aesthetically beautiful brand and short form video content tiktok or getting the made by other people if you don't do yourself but it's easier alright you you have been the palm of your hand tell me what it is i can't tell you on air because i don't wanna ready to copy i will tell you off wait really yes dude this is the lame segment ever is that really it and that's really what you wanna do that's really what i'm do here if it happens then we can we can review it and if it doesn't happen then i'll also feel because i nothing to lose that point so just not yet i i was gonna remind people this is usually a segment where i remind people of our gentleman's agreement where we work for you now but all you have to do is go our youtube channel and subscribe that's a gentleman's agreement it's called the gentleman's agreement because i can't check to see if it's true so you it's just a base on trust but after that lady violated it yeah that's lame so if you wanna do the gentleman's agreement we owe you now i'm in alright i'm in the independently box but i'm gonna fight my way out okay so here we go i tweeted something out the other day that i think it's very interesting and reminds me of the doug tomorrow a youtube creator creator yeah a youtube creator who's not just gonna make money off youtube ad revenue but has built a business that they built basically a fifty million dollar plus empire off youtube why did i ask this question well your boy gonna start doing youtube content but your boy also wants to make more than fifty million dollars doing this process and so i wanted to see who has done this before because i'm not really interested in being a pioneer the pioneers get slaughtered right so i don't wanna be a pioneer doing this i wanna be sort of a fast follower so was looking for example examples and i got a bunch out of this tweet i wanna read some of them off to you and see what you think about these first one by the way what when when you tweeted that i don't know if it's because i know you will or if everyone like could read through the lines here but it was very much like tell me what to do with my life yeah yeah yeah yeah i'm like hey could you just can validate my parking pass here yeah i i need some need something so first one's right up your alley more plates more dates love or plays more dates you probably know this story a little better than i do i didn't know what he was doing this because i watched this video he doesn't really pump product as much release in the clips that i've seen if you watch closely he does not not in an obnoxious way right so this guy derek super likable guy puts out great content i'm not even really interested in like testosterone and like steroid usage and something you know occasionally i am with certain athletes but usually not but i find myself just watching this guy's videos because i like this guy a lot apparently he's got a brand or maybe two brands one brand you know the name of it yeah one's called merrick health and the other one is called gorilla what's mind gorilla mind yeah so gorilla mind if you go to gorilla mind gorilla mind is getting i wanna say almost two million between one and two million visits a month right so let's say a million visits a month i think it's pretty safe that this that this brand is doing about a million dollars a month in revenue so twelve million a year in revenue on his supplements brand i think more i i would take the i would take the the more on that one yeah i yeah that's a i would say conservative estimate would i wouldn't be surprised if it was as high as four million a month and supplements are an amazing niche to be in right like you know everybody wants to be in the wants to be in the in the supplements niche so so that's great just gave you by the way to pronounce aces of niche back to back just to appeal to both both sides of of the aisle you totally redeemed yourself and then merrick is this t clinic so they basically do kinda like you know help men you know stay young so hormone replacement hair loss sexual wellness all this stuff this thing's gotta be doing pretty well too and i think they also do the semi stuff as well i don't did he start this or what because it has like two hundred employees on linkedin is he know just a partner or you started it i think he's an equity owner i don't know if he's the guy but i think it's he's he's so popular that it appears as though he's a main guy and he's definitely pulling his weight i know a lot of people who use merrick health i don't know anyone who uses gorilla mine i think gorilla minds a horrible name for a supplement company but i trust derek i think the branding on this is wrong but it's interesting and it's what's really interesting is like he sells cr team the only think about cr team it's awesome for one and number two it's basically like it's been it they didn't never heard routine it's awesome here about was a well i'm i'm pause there i'm almost positive that cr teen is like a commodity like it's almost like all the same yeah and and he's selling it but he has an up here he has he marked it up because it's derek but yeah that's a good example of a crater killing it and by the way these examples i specifically said i said you get kicked out of the party if you come here and you say joe rogan or mister beast starting like it has to be somebody else like not the examples everybody always talks about so here's here's a couple others okay so here's some that i'll go in order of the ones you know to the ones i think you don't know so another one you know kayla eat seen i don't know how you say her last name kale it's seen i think so no i think it's like it's new or something i think it's pronounced a little bit different but but if you're if you're one of the four women listeners they won hundred percent know who she is there's one woman i was trying to pronounce like irma is there something like that on this podcast or like hermes yeah i was i i i you i got a lot of shit for that yeah one time i heard you pronounce a da he you're not exactly good at pronouncing pronouncing things my mouth doesn't it fully work yeah i got a a stick tongue so she created this app so she's like a fitness influencer type person ends up creating an app called the sweat app i believe they sold it for four hundred million dollars so her and her husband or boyfriend and then they broke up but they building the business together i don't i don't know what it ended up happened in there but it sounded like there was some drama four hundred million dollars on this i thought that was a great example of not just saying cool i'm gonna hold up a detox tea and you know get paid five thousand dollars for shout out i'm actually gonna create a business off of my following mark robe so mark robe yeah he's a former nasa engineer he makes like engineering videos like oh i built the world's biggest t shirt cannon i love this guy he built a yeah he's really likable guys it's like you know the science teacher everyone's favorite science teacher type of guy he has a monthly subscription box i think that does like it's like a science kit and you're like you get to build little products yourself and that's a great idea super on brand it's twenty five thirty bucks this thing is i i think doing millions of dollars a a year pretty safely he's got a very very big following twenty three million i think on youtube i mean he's like one of the big guys yeah he's been around for a long time okay another one you probably know ben shapiro so ben shapiro is although i'm gonna make a little prediction you don't agree with everything he says but you kinda love the sky yeah yeah awesome up yeah object i also same way yeah i like his nerd swag and he's he's just fast mouth he just like says things very su distinctly and quickly and i don't believe in most of the things he says i believe him maybe some of them he's pretty religious and i'm not in the i'm not in into religion but he has a lot of stuff that i'm like dude just the fact that you came with that like pretty brutal reply so quickly i respect you yeah it's like a rap battle right like he just at the end of the day you whoever kinda insults the other person the fastest and the best wins and he does not have a thick tongue like your boys dude so so he's he's got that in time yeah he's good man so he's got is it the daily wire is that what it's called daily wire so this is like a subscription media company that he created because they're just sort of like anti mainstream media that became a big thing like fake news and f the mainstream media well why don't we create an alternative the daily wire and the daily wire does some insane numbers it's like only in year three or four or something like this very new and it does over a hundred million a year in subscription revenue yeah and have you heard of their their spin off jeremy's razors no what is dude you gotta go to so go to it's just google like daily wire razor company but so basically dollar or harry's razor was one of their spot so basically ben shapiro conservative or he's the right wing whatever he's you call them and so naturally like the left hates him and the right loves him because they feel like they're being canceled all the time and so harry's razors was one of their biggest or big advertisers and they bailed they you know said you know we're not gonna associate with ben you know you're screwed up and so the founder or or one of the c cofounder and ceo of the daily wire his name is jeremy and so if you go to jeremy's razors you'll see the website and they made this crazy video where they just said like it it's actually pretty hilarious because regardless obviously if you agree with them or not but they created this video that's like a hype video and it was launched nine months ago and it has twenty two million views and they're selling millions and millions of dollars they basically just took the harry's razors like it it's pretty much their their site is identical to harry's razors but they just call it jeremy's razors and it's like and the picture is this guy who's he's like smoking of cigar it's basically a big middle finger to to harry's razors on the about page it says harry's and the daily wire had a deal they paid us we advertise the razors but after we said that boys and our boys and girls or girls they publicly condemned our views as in inaccessible and misaligned and you know what you're damn right our values are misaligned we value truth and the right to speak we embrace masculinity and the courage to uphold it and so that's like the whole stick it's us versus them regardless of what you feel about that if you think it's right or wrong very they they capitalize on something and it's and it's doing well this is so good this is wow this is an amazing amazing little case here the video that's the like ad the launch video for this it starts with a it's like it's like professionally made and basically it starts with like you hear like a a car you're in a parking lot and it shows like the parking signs and it's like you know the daily wire and then it says god king and a guy pulls up in a mc clara and he gets out with a like a blow torch and he goes inside and it just blow torches a bunch of like harry's like merchandise and just sets it on fire and it's like such a such a smart thing to do to take this like great business model right the the classic kinda gillette you know razor cartridge model and then just be like no this is the one done by by us for us right like yeah that that is so smart and i feel like that just opens the door for them to do this in five other categories yeah it's a very very intriguing case study of what these guys are doing so yeah that's a good one can you write the word jeremy on a sticky deodorant yes you can alright great can you write jeremy on a state in a tub of toothpaste great yep you sure can oh what else can i write to jeremy that's not there's now a guy running around grocery stores be like we can write jeremy on that we got jeremy this i'm my guys now we're doing these expensive yeah they're like hey republicans like sunscreen let's do that white people get sunburn this is yeah totally work yeah interesting case study alright what else is there alright so then there's kinda like the emma chamberlain and a lot of people talk about her coffee thing people know that pat mca killing it you know he kinda he did a hundred a four year hundred twenty million dollar deal with van dole for his nfl show which is pretty insane that's like a absolutely insane like brand deal to pull off okay then there's some others that i hadn't even heard of so he's also the host of like wwe e you know that he's like an announcer there he's kinda across i went down a very deep pat rabbit hole one night because i was like i think i love this guy he's amazing and i was like i'm doing this for the pod this research and then three hours in i was like this isn't for the pod this is for my soul i just enjoy this is watching this whole journey and i was also like i don't think there's even a story here for the podcast guys i just think i really like this content and i'm and i never talked about it i just did did three hours one night and i just never brought it up there was one time where i thought about our setup and i'm like we should do it standing up because he stands up when he records and i love it he also wears a tank top which i know you love yeah so win win alright so here's some others that i didn't even know who these people are danny austin do you ever heard that have you ever heard this person no okay so she created a brand called d and it's basically scalp care for women so she basically took a problem in her life which was i think maybe like as she was aging a part postpartum maybe she's struggling with hair loss which is actually pretty common for women to struggle with hair loss like i know my wife like after we had every time they you you go kinda of like after you have a baby like your body is just producing whatever different hormones and there's like they all like complain about like you know their hair thin or hair loss is a very common thing so anyways she creates a brand she first was just talking about the struggle and then she stole the solutions so her content was everyone's like oh my god danny so vulnerable so authentic my god so like i'm so glad you're speaking up on these issues and like you're are beautiful queen you're so beautiful this is like don't worry about it and then she sold a solution which was like the scalp care thing and she did twenty million dollars in the first like ten months or something that crazy so it just like took off right away like a rocket so i like that one there's the way do you ever watch dan videos on tiktok that's like my favorite type of content of people just like fl off dan if you ever do that people know like pop it too dude because i got crazy dan if i like my head there's gonna be a snow day i'm always looking for like a good a good day of shampoo and i love watching dan videos on tiktok it's a huge niche don't wear black around sam yeah not good so this woman named mindy mc midnight this is another cool example so she started brandon called cute girl hair which she was because she was just doing hair hairstyles brand name youtube yeah great name honestly amazing name oh yeah she was making youtube content just doing hairstyles for her girls that's cool content oh here's how we do this style here's how we do this one it's kinda like you know what your big sister should taught to you or something like that and i think her story is like she has five kids i might butcher the story because just i don't remember it this was like a couple weeks ago when saw this but i think she's got five kids or something like that and they all have different hairstyles or textures they may have adopted it or something like that and so she's like her content is showing like this wide range of like hairstyles and how you can make them all look cute no matter what your hair is right that's great she does a launch with walmart and it's the second biggest launch with walmart she just they're doing nine figures in sales so over a hundred million in sales and her youtube channel has five and a half million subs her twin daughters have youtube have his youtube channel with seven million subs right like this is just kind of insane how big that launch can be when it's like total alignment between creator their personal story their content and then their product once they have the distribution and so that was pretty inspiring to me i really like that and now now have a good excuse to spend all day just make it fun content for free and being like don't worry one day this is all gonna become actual like this will this will be real work this is not just me getting to play around and like you know be on youtube all day alright well what else is there i mean cute girl hair great name what else you got well okay i just gave you seven but like we can keep going if we if we like oh i thought you had a few i there's one one guy that i find very fascinating that i saw someone mentioned on your thing gu is they i didn't know who this was a lot of people mentioned him so who's man he's i guess a fitness influence he's got athlete or something like that alpha yeah his i don't know if his knit i think his niche is like t ins i think he's hispanic so i think he has like a huge hispanic following but basically basically he's like a rip a rip guy but he like has like weave in his family into his content so like nobody's about his life and he's like a family guy he launched something like a fifty thousand square foot gym called alpha land so probably not in your wheelhouse but it's called alpha land and they a slight branch for way dudes yeah we go there to watch what's going on in alpha is there like a is there like a gymnastics like stretch we stretch and watch other men workout yeah it's called alpha land it's like a fifty thousand square foot gym i figured forget where it is san antonio or houston or or dallas or one of those folks one of those places where you'd expect an alpha land and and he also has a clothing line and i think he's killing it i think he's doing a he's big business right i i like how you acted like you hadn't been there don't have a membership but like okay yeah so this is my these are my fifty million dollar creators and all of these people i think have built off of their youtube content you know an empire that's easily worth fifty million or more you you you made fun of me for not preparing and you prepared that list i think i knew more about all of them than you did yeah because you you're like a real consumer of context right like i'll be like oh they used this technology in this music video you're like yeah love that music video and i'm like i don't watch a music video and like it literally it i've been seventeen years since i've watched a single music video i went to your house that you just had music videos on tv on loop and you're like music videos i was like this is what you watch and you're like i just leave it on yeah long is i i just i ran out of questions because i was like wow this is just a different thing that just doesn't happen in my world no i watched music videos constantly so yeah that's one of the ways i know about stuff also my wife is a little bit younger so she just turned thirty so when we were dating like you know only a couple years ago she was like watch okay yeah well hey i said younger than me and she's got a younger sister so i'm kinda i i'm i got my toe in the cool kids market yeah you like b you see people you leave the house you take supplements you watch music videos you watch movies you re biographies you do a lot of things that like you know i simply don't do i'm like a i'm just like a heat seeking missile for like what's the interesting story and then my stories are typically like did you know if there's this and then for most normal be really like yeah i love that love their channel you're watching them for years you're a potato what you see is what you get you could pull the skin back a little bit it gets up new i'm like you're an onion bro there's layers there's lots of layers it goes all the way to the core the layers don't stop yeah but french fries are made out of me and i think that that's kind of a win dude alright let me tell you something and this is more so i wanna put this on record that i brought this up about two years ago but have remember when i told you about the company bring a trailer yeah yeah you said you said you were talking about car companies or auction companies or something like that and you were like dude there's this thing you been told it this is like a lot long time ago forward time ago you were like dude there's this thing called bring a trailer it's sick you can just buy a car on this auction thing i don't even know how it works exactly you're like it started by this guy doug doug du you're you're confusing two things was the guy from inbox or whatever right yeah yeah yeah so yeah it was started the main guy i forget his name nathan i think the the non main guy but also c cofounder founder i think it seems as gen underwood and he started this company called mailbox which is like an email thing that sold for reportedly a hundred million dollars to dropbox like before even launched because it built up such a huge weight and it sounds like a cool product i don't even think i got launched but anyway it's this website called bring a trailer and if you go to it it just looks like almost like a blog it's a it's fairly un honestly i think it's a word wordpress and what they do is there's this neat niche of car enthusiasts who like things from like the seventies to like early nineties which like jacket i don't like my jacket yeah yeah exactly like my jacket and it started out small but it sold recently and it was recently ish announced that they last year and the trailing twelve months sold something like one point two billion dollars worth of cars in one year and they made something like a hundred million dollars in net revenue with like eighty employees and you go to their website and it's so basic and people love it and there's this guy named doug who has a youtube channel where he reviews all types of cars and he does it just with an ike an iphone and he like always has like have you know like a bacon collar have you heard of a a bacon collar it's like where you wearing an under shirt on your on your shirt in your white shirt the collars all like shuffled or like the the the white sleeves are like coming down below your polo you know talking about okay so your under shirt is showing is that the idea yeah we're you're like under like he's like it's like where you're wearing like imagine a guy wearing cargo shorts and like an old navy t shirt with like a h or polo above it and like you have a bacon collar like he just looks totally dish shuffle it's incredibly unprofessional looking okay i got the definition shirts that have a wavy neck due to being stretched out from improper care yeah it's just like it's just like the very typical like my shirts you're a baking collar guy so that's what this guy is he doug a a a baking collar guy but he's hilarious and he's lovable and he's likable and he's built this youtube channel like he'll review like a two million dollar ferrari as well as like a thirty thousand dollar honda pilot and it's right pretty hilarious he's got three or four million subscribers on youtube now i told you about two years ago maybe i forget why maybe three years ago he launched this new company called cars and bids and it's very similar to bring a trailer and so i predict that this is actually gonna be a multi hundred million dollar exit and i wanna make my prediction there now that that's gonna happen but what's really interesting here is curated auctions i think that's very fascinating because the reason it's fascinating is if you go to ebay have you been ebay in the last like five years i have not dude no like not a lot of people do of course a lot of people do but like not a lot of people do and it's because it's one of those things no one goes there anymore perfect description it's got yeah hundred million visitors you don't know any of them yeah it's too crowded and no one goes here anymore and so it's one of those things where like you go to ebay and if you like that one oh good it was really the timing that i enjoyed there you go to ebay and you get overwhelmed with options and there's a couple of businesses that i've been looking at where i'm trying to think of what a curated auction could be because i think it's like i think it's cool and it feels it's just a beautiful experience you know that's what we that's our phrase it's just like a but it's just beautifully done yeah it's beautifully done it's really well done anytime people can say like handcrafted or like ultra premium that's what this is and i really have been digging this i invested in a company that is doing this for homes because i've been looking at like what are big ticket items that people will buy online that they previously didn't but they will because it's more well curated so like for example we talked about i can never say it right but h key we had kevin rose the founder they sell like you can buy like a forty thousand dollar watch online and they do a really good job of editorial it so i've been thinking what are other categories where someone can buy something online that's thirty to a hundred thousand even a million dollars plus but if you curate it nicely and you describe it nicely with beautiful photos so in the same way that airbnb i don't know if you know this but they used to send out photographers the really nice listings because they're like we charge a thousand dollars a night with better pictures you can charge fifteen hundred dollars a night so it's worth the worth it to us to help you make your shit look better what else is like that that these curated auctions can can work at because i think they're really really cool companies to to to run and they're really hard to break once they work once they work it's like the people working there you guys are important but like the community has taken home you you're you are just a you you you're just there to to help the community it's no longer your business that you're pushing down people's throats golf equipment golf equipment golf equipment really how much is the an expensive how much what why do you say that well you have a ent market you have kind of like a knowledge gap of which one should i get what's better what's worse blah blah blah you have a super premium price point and i think a golfer over the course of their lifetime is gonna spend you know probably upwards of ten thousand dollars on equipment and i think that so because i because i think the the thing you want is like cars you want a high ticket right you need to you need a high ticket you need build ability to drive high ticket customers to something and so i think that's one where people will nerd out on the content and and get there but i have other this what you said by the way is a perfect lead into two things i wanna talk about wait let me say mine livestock livestock like animals hell you dog dude my my so listen to this my cousins they're they're cowboys so they buck bowl they price they've called if you ask them what they do they'll go i i buck bowls which means they live in rural oklahoma and and when i went to their house once and instead of like it was a thursday night and instead of going like the community softball game we went to the community rodeo and there was only like twenty people in the stands but they are practicing their rodeo which is basically you get on a bowl and bulls are mean bulls wanna kill you even if even if you raised them they're just like mean and they get on these bowls and they buck them off and the bowl the person who stays on the longest gets prize but the bowl who bucks the hardest based off of like judging wins a prize and some of these bowls cost fifty grand my parents bought into a bowl for fifteen thousand dollars and they get a portion of the like the offspring like the the the the sperm that they they sell and they get a portion of the winning from the bowl and these are they make money off of it yeah and they so what kind of money we talking here what what did it do the returns not like that great but like you like i don't know get a couple grand every once in a while so it's like not that great and the bulk can like break its leg and your screwed but but like we go have these on a bowl it it is pretty interesting to own a bowl but it's a it's a it's a huge sport in certain parts of the country my cousin went to college on a scholarship for bucking bulls for being a rodeo guy and so and all these folks they they they it's cash so they'll come to the rodeo with like ten thirty forty grand in cash and they're like playing right there on it's very fascinating you've never been to a livestock auction sure haven't dude it's dope but i do do think we should go have these on a bowl if there's a bold dealer in the audience hit us up we are we're in the market for one and we'll live our our our bull purchase yeah this is great okay okay so livestock and that's one yeah sure i like that our software is the worst have you heard of pubs hubspot see most crm are a cobb together mess but hubspot is easy to adopt and actually looks gorgeous i think i our new crm our software is the best hubspot grow better alright i think i've kind of done this but i went even deeper down this rabbit hole so i gotta bring him back as a new billy of the week million dollars isn't cool you know school a billion dollars the new billy of the week is an old billy of the week it's sam alt and you would think sam sean you know you got nothing new to say here what sam alt we all know sam alt we've talked about sam alba dude same almonds same almonds onion status he's got layers okay so i wanna read you some of the interesting i went down to say out rabbit hole last night here's why he did an interview and i was was watching explain you gotta explain who he is for the news for people who don't know sam alt is he's like an entrepreneur in silicon valley he created one company he didn't go that far called loop sold for forty billion bucks then he but he had he went through y comb the big accelerator down here when he was like nineteen and the founder of of comment super impressed with him and kept him on this partner and eventually named him president of yc which is like one of like it's like bing named the dean of harvard after being a harvard student because the dean thought you were so special and so that's literally what he did became the the president of y grew yc he then created he then created the nonprofit open he then left to go work on open open ai is now behind chat gp which is like one of the fastest growing like tech waves that's out there basically an artificial intelligence platform that's i think they launched chad chat gp and i think got ten million users in like ten days or something ridiculous like that it's worth forty billion dollars company worth you know somewhere between twenty forty billion dollars now and he's the you know the leader of that thing too plus he's a prolific investor with some investment most alright so i got some of those facts coming but that's and most people know sam alt i'm not bringing up a surprise if you listen is probably you probably know who he is okay but here's some of the things i didn't know i was listening this interview and they go you invest in this fusion company and i'm thinking okay fusion is still a know what the hell that is but i know smart people talk about it great and they go you led the investment okay that's fine he led the investment you put you wrote a three hundred seventy five million dollar check into hue and i was like what you know screw like rewind what what did this person say and i literally went back and i re listened to it and i and and i was like oh i didn't know sam has like a giant venture fund like surely he's not writing a three hundred seventy five million dollar check himself as far as i could tell that is what he did he wrote a three nights he dollar check himself and that got me down to grab hole where did how does sam alt get so wealthy because i've heard several stories now so for example when he started open ai or even when he was president of y he donated ten million dollars to a re a science research like a project that he created right like science re research on nonprofit to donate ten million dollars means you got a lot more than ten million dollars and at that time i was like how did he get ten million dollars because again his first startup which she was like whatever eighteen or nineteen sold for forty one million dollars out of that he said that he got five million dollars so somehow he poorly five million dollars at in a very short amount time about four or five years was now donating ten million dollars that was the first thing wow it was that short that didn't make sense and i was okay so he's you know this is now you know maybe six years max later okay and then what else did he do he also donated to you know when he started open ai but they didn't say how much and then this three and seventy five million dollar so i started going back and try to figure out what's going on so starts looped sells it and nets about five million dollars from there how old let's he at that five million dollars like twenty two twenty three yeah something like that i don't have the exact timeline but i think he's in his young early early twenties is is pretty safe to say there he then starts investing in startups and so he's investing in startups second investment is normal please the best investment of the decade stripe so he's one of the first investors in stripe and that was his second investment and and there's this like thing that i've noticed which is in d c brands they call your first kinda like couple months your golden cohort it's like i noticed this about our customers in my my e com brand but i noticed this across many brands which is your first that first batch of customers you get for some reason their lt tv is way higher and it kinda makes sense because it's say like the people who immediately get it with your message are willing to adopt your thing before your big brand they probably really have the problem or they're heavy enthusiasts there's there's the equivalent thing can investing for some reason it's very common for people's first sort of five to ten investments to do extremely well in the world of angel investing when you're for for great investors often their best hits come early like chris saga who's one of the best early stage investors of all time his one of some of his earliest investments were basically you know the combination of twitter uber instagram you know things like that and they came in the kind of the first ten fifteen deals that he did and i feel like that's the only stuff he did like those were the hits and then everything he did so well he retired right he'd right he became a billionaire essentially retired from the game because he was like well my first fund was like whatever six thousand x i'm i'm good sam said that in his first forty deals at that at that time he had invested in forty deals it was two years in and he said that five of the companies were doing really good and then it was like what's really good mean it was over a hundred x like so what's that's not really good that's ridiculously good so what's a what's a fifty thousand dollar how big of it maybe twenty five thousand what's a hundred times a twenty five thousand oh you're violating the no public math rule but is that two point five or twenty five million so fifty thousand turns into five million for a hundred x wow okay and so you're stack five of those that says pretty good about that i was like okay where do you get all this money how is he doing all these deals was he just investing out of that five million and the reality was yes he was investing personally but i texted a i was like yeah i'm looking up sam up like how did he write this check personally how did he get all this money and this is somebody else who's young smart and friends with sam and that crew he's like i think it was i think this check was personal the three hundred seventy five million dollar check he's i think so but it might have been an sp and i was like i was like dude i feel like there's like some underground you know like team prodigy thing where like there is if you're if you turn eighteen years old and you're like a ph peter t just gives you a hundred million dollars and i was like i was laughing i was like you know i think you're in that club too and here's just laughing he's like yeah peter does actually back it so i go and i google it sure enough sam au right after he's on his first thing raises a twenty one million dollar fund from peter till this one hundred percent is dude i know a few of these prod there is there is a club they exist so people talk about like like you know oh it's just like what do they say you know it's that boys club and i can't ever break into it unfortunately that's true it's real they exist you and i aren't in that club maybe we have our own club but these type of like elite clubs they're real they're one hundred percent real so somebody said something they were like you know sam they're they're asking program i think they're were like what's what's stood out to you about sam because from the very beginning i've talked about this before from the very beginning i think two thousand seven two thousand and eight paul wrote a blog post about who are the five most impressive people he's meant silicon valley who who does he admire or look up to or whatever and it was like steve jobs larry and sergei from google and sam alt and it was like what one of these does not belong one guy invented apple another guy invented to google who's this kid i've never heard of and he was like when i talked to sam alt i think oh this is what it would have been like to talk to bill gates when he was twenty years old and i was just like what an epic call for a guy who's now gone gone on to do some pretty amazing things there was a story i never heard though or two stories i thought i thought were pretty remarkable i think there was a situation where at his school when he was in high school there was a protest from like the christian or catholic you know some some protesters that were like you know protesting the i forgot exactly what it he's he's from my hometown it he probably went it he's from saint louis around from and he he he went to a catholic school i i if i had a bet i think it was a i don't remember exactly what the what the protest was but it was like you know here we go so basically a christian group boycott an assembly about sexual sexuality they're gonna have an assembly about sexuality at his prep school john burrows yeah john burrows and saint louis and so sam alt basically takes the mic announces that he's gay and then asked the school whether they wanna be a rep oppressive place or place open to different ideas baller and and then baller right and then the college counselor goes what sam did change the school it felt like somebody open up a big box and then all the and then all kids of all kinds got to be let out into the world like you know it it just kind of like he drew a line publicly that's a really good way to describe it by the way and that is that is just an amazing story i love that story he also talked about like okay i wanna read you some other amazing quote because this guy's kinda remarkable and we just respect people who kinda like what you say let the free flag fly that people who just like do life their way and their way happens to be different than like the the craziest thing that he did was he did a speech about announcing something big and he wore two double pop collars that were pink and green i love that guy i saw i've ever seen that girls conference like a big deal a life highlight from most people there's all these amazing anecdotes from these these articles that i was reading so one goes so they gotten so they got in a he him and his brothers he's got brothers jack and max him max and so they one of them starts a company called lattice and like you know he had some phrase about what lattice was doing and so sam invest in asana the different company and he writes this blog post about you know just quickly you have the morning of kind of writes this where this blog post where he goes how do he guys he goes he goes yeah i you know i invest in asana because i think it's great it's gonna make people more productive because they do a b and c it turns out the a b and c where like the same marketing material that jack his brother was using for lattice and so the article talking about it's like jack's it's like super pissed he's like dude you just invested in them for the exact you know that's our mission statement why are you saying they do it and like oh dude like i'm i i totally i must have just totally spaced like i must have heard you say that so many times over the years that like it just kinda became like a a set of words i know i i totally didn't intend that edit and it's a but jack's mad calls the mom and it's says like you know sam did this and they're and and sam was like are you still mad at me or whatever and they're fighting and then they're like and then they ended the story goes like they're like and then jack looks over at a board game called samurai that's on their books chef in their home and says you know sam won every single game of samurai when we were kids and always declared himself the samurai leader because he's he always has to win and he's always in charge of everything this says out and then says sam all been shot back you wanna play speed chess right now just i read this and i was like that's literally like if chad i told chat gp to like make up a story about like young silicon valley nerds who are have a competitive streak kit like oh yeah i'd called alpha wanna take this outside and place some speed chest and so use the real mirror yeah that's alpha land in silicon valley yeah so i thought that was hilarious there's another one that i thought was a kind of an amazing thing so did you know that at some point he basically sold what did he do he sold yeah so he the the story goes he decided to get rid of all his you know comforts except for four the you know three or four things so he kept a four bedroom house in san francisco he kept his cars because he loves cars it was like a clarence like the race cars he two mc clarence and and something else he kept a property on big sur in case the the world ends and and he has a reserve of ten million dollars and he's like the the annual interest should cover my living expenses and i can just spend the rest of my money and the rest of my time trying to improve humanity and so he's like i just whittle it down to what are the things i really care about yes what do i need the essentials you my like ten million dollar you know whatever and it sounds a little like trait because it's like oh yeah dude like that's it but in reality like if you know people in silicon valley like there's a never ending appetite for more more fame more money more everything and i actually think that somebody who can sort of figure out do just acc these these money points doesn't do anything past a certain score so what am i gonna do with this money and my time to like make sure i use my you know my time on this this little blueberry called earth to to the best advantage right so i i like that he had that another thing that he said about being of prep that i think you'll like let me read this quote to you dude i think he like like was wasn't he like saying you know in case there's like a pandemic or something like that i wanna place to go to exactly exactly so so somebody goes like he he goes up to these this the store he goes up with these guys at this conference or like whatever at this tank meetup or whatever he's like so what you guys doing and like we just kinda work and whatever they're like what do you do for fun he goes well i like racing cars i got five cars i have two mc ac and old tesla i like to fly rented planes all around california oh and one word weird and i i like to prep for survival and they're like survival what he goes you yeah i have a lot of friends that are constantly getting drunk at telling us telling me about all the way that the world's all the ways that the world's gonna end and i read that this dutch lab had modified the h five n one bird bird food virus five years ago and it was super contagious by the way this is a pre pandemic right it's pre covid so he goes i read about the this lab that was modifying this thing making it really contagious and i realized that the chance of a lethal a lethal synthetic virus being released in the next twenty years was well non zero and not zero that's such a that that whenever i hear that phrase that that's like oh you either are smart or you're trying to be smart either way you've got my attention dude i have another one that i when i reading this i was like he kept saying orders of magnitude orders of magnitude i love it i just decided that that's gonna be the name of my gang and so if you wanna join my gang it's called orders of magnitude and we fucked shit up at levels of mechanics on an actual previous obvious level dude i'm gonna have like the the the sub chlamydia on that we're gonna call it parabolic or something like that like i'm just need to come up with like crazy dave it's like oh yeah just wanna join the exponential or not exactly oh yeah it's it's the orders of magnitude that's the crimson blood of really against the exponential so then he also says this before opening goes the other one is that that ai might you know getting really powerful would be used to attack us and the nations will use it and then people are gonna he goes he goes you know i try not to think about it too much but i have guns gold potassium antibiotics batteries water a gas mask from these really defense force and a big patch of land and big sir that i can fly to if the world ever ends hey that's crazy what a baller there's also a story of him walking around with brian c brian c he was about to a pitch at yc and this is brian c started airbnb or airbnb it was just getting going and brian was explaining the idea to sam was yeah that's cool i think it's great can i see your presentation he shows them the presentation i i think we can make like a hundred million dollars a year doing this goes brian do me a favor can you add a zero to every single number that you have up there i need to see a billion in revenue not a hundred million change all your m's to be yeah change all your ends to bees and that that's that that that's actually gonna be my voice stuff as we say sam you defeated our phrase no smoke change all your m's to b's when i went like the mic drop i used to work at this office and they took the exit sign so you know the how there's exit signs in at offices like above the door they changed the exit sign to say they like molded it in such a way so it said ipo so the exit was an ipo so oh the ipo side the exit side and i always thought that was awesome and we need a new sign it says change it change the to b's and that's what he does did with brian c when he was marshall with like a word but yeah yeah only will survive only nerds will get that joke so he had another he had another quote about that the thing he goes he goes he goes look i listened to your whole presentation and you need to change that are you sure and he goes look either you don't believe what you told me or i'm dumb and i didn't understand what you told me or i don't know math one of those three is is what's true here like either you're ashamed to say it you don't believe it or i'm dumb i don't know matt and i that's great that's a pretty baller way to say things i wanna read you some of the other little like you know ism okay let me give you some more so here's some like quick chat advice so so i'm pretty into my meme of the year is that that what i call the mid wit meme i mean you can throw this up on youtube so you could see it but it's basically like there's the dumb the ignorant kind of beginner on one side there's the jedi master on the other and every in between is the sort of like stress type a personality that's like over analyzing everything and my goal for the for the years slash life is to live life like either the dom beginner or the jedi master it doesn't matter they they think the same way and so and and not be the stress stress achieve type a over analyzer type person and and i'm just seeing that meme everywhere when i meet people i just classify them instantaneous are they being right now what do you think you've been historically i started off for sure as the dumb the dumb troll like my first my sushi restaurant start of that that was the greatest thing in the world my next thing yes even just when i applied for my job and sam moved to silicon valley and got a job with a billionaire like i didn't know what the hell i was doing but i was so dumb that i like my approach was correct i was like well i'll just i'll just reach out to the guy and i'll just send him a letter saying why why i'm the right guy for the job and then i'm not really gonna apply for jobs i'm just gonna prove to this guy this is i'm good at this job and i just that was my job search alright like i didn't do any of the traditional things i just did what seemed like the dumb thing to do but that would also be the jedi i move too in that case it's like you know find the thing you really want and chase it with reckless abandon and don't like just put a resume on five hundred desks and see who calls you for the job so you know i i'm still a mouth breather i think i'm still pretty far left on that on that i'm still pretty stupid yeah glad i do it from time to time i'll often to do it my eco comm biz like su is my like kinda like mentor coach on that side and i feel like he's the jedi guy i know he's the jedi guy because he's like he says something about frameworks he goes i on us to silicon valley talks about frameworks i don't know what a framework is and at first i used to think maybe i'm too dumb like i god should i learn this thing i don't understand what everyone's talking about and now i realized they're all dumb and i think he's hundred percent right like i'd be like you know he should we do influencer marketing for the brand blah he's like remember i told you facebook ads just write the word facebook ads on your computer and then every time you think about doing anything else besides facebook ads look at that sticky note again that's hilarious and he'd be like if you're gonna call me and talk me about another idea you better have be doing five hundred thousand a month and don't call me about another idea until facebook ads has got you to five hundred thousand a month and it's like the the jedi simplicity is something i like you know revere now so he he had a few a few jedi quotes in this a region he goes founders will come to be and be like oh you know what what if you know i'm worried about saying this to my investors because then they're gonna think this that might affect our series b raised but he goes just tell them and then he goes people are worried about you know you don't know how your customers are gonna feel about this just ask him you're worried about competitors don't worry about them until they're beating you in the market and he's like oh you wanna do these five things you're trying to decide like just pick one and do it most people just simply do too many things do a few things relentlessly another one he goes you need it every every year you need to think about how you're gonna add one zero to what you're doing but don't think beyond one zero and i thought that's a good jedi it's like a way to think is great without being kind of like just a delusional talker in like you know living in fantasy land so he had a bunch of those as i was reading this that i thought was was pretty dope he's he's great man he i always see picture there's that famous conference in idaho like the sun valley thing and you'll see pictures of weren't thing oh oh no the rich guy won the rich guy won it's like we're like it's almost like a da but something like that but it's like all like the who's who i think it's mostly media though which includes everyone so like the murdoch family and like the people who run cnn and and you see like you know there's ex presidents there and then you see sam alt and he's wearing like cool running shoe shoes with like cool sunglasses and like his hair all d shuffled he is he's very he's a very interesting character sam alt cool he's kinda been like a little bit under the radar while he's been building his company but he sent something the other day someone's was like we're really hyped about gp four can you tell us he goes all i can say is like people are setting themselves up for a lot of disappointment i i don't think we're gonna live up to your expectations or something like that and i was like oh that's a pretty cool response now no i'm interested yeah he was with he was with ai there's people who think ai changed the whole game and everything google search is dead ai is gonna change everything gp four is gonna be like you know freaking sentience and whatever gonna be amazing you that's that's wrong and people who think oh chat this thing's overrated it's a big nothing burger it's you know look it makes this mistake it makes this mistake it can you could trick it in a saying this stupid thing it goes they're also wrong they're also being dumb but in a different way you know they're being dumb because they're not realizing how fast this things gonna improve and the other guy's being dumb because they think it's already there but it's not there yet you know the truth is like somewhere in the middle and i thought that was like you know a much better like reply i also thought there was like a couple of kind of remarkable little things that i wanna share as well things that i didn't know about sam involvement so that first fund that peter till gave him twenty one million dollars for in i think three years or so let's see three years or so the fun four years the fund was up ten x already so you know that's like what people want after you know a ten year period and in in four years he had done that the second thing was how did he do it he made like pretty ridiculous bets so he he was like alright if i wanna if i wanna help create like you know trillions of dollars of progress that's gonna come from science and technology not just like the next random app and so he's like alright i gotta invest in more science technology so he goes for he goes to cruise which was a self driving car company that eventually got bought by jam for a billion dollars but at the time nobody was funding crews nobody was funding self driving cars it just seemed too hard like hard like an obvious bet now looking right i mean that g a plus completely non obvious back then and they were struggling he puts three million dollars directly into that one company and the same thing with this three hundred seventy five million dollar check and like the lady was like most people can't write that big of a check he goes especially not into a extremely risky thing like nuclear fusion and it's it's completely right like that's gonna be like you know it a zero or massive and he's writing massive checks into it and he did this several times he puts like millions of dollars into single bets that he like had conviction on he then reflected on he goes of all the biggest winners he goes i looked at the five biggest winners that i haven't had in that early portfolio he goes four of the five nobody wanted to fund they were not overs subscribed people generally thought there were bad ideas in fact i almost got talked out of doing them because smart people were telling me why these were bad ideas only one optimize was an idea i everybody thought was a good idea that turned out to be a good idea it didn't even do that well i well did okay i think optimize it did go public i think in the end so you know i did make it but maybe maybe i'm wrong about that but like i thought it got bought by pe but like it was it compared to the other oh no it says say have a thousand employees i'm wrong yeah it must have been a hit so so the other ones you know benefits cruise you know things like that basically he was like stripe he's like at the now stripes everything but he's like at the time it was eighteen year old kid saying we're gonna like work with banks and changed the payments industry and the everybody who's like these guys don't know what they're getting into except for like you know a handful of people that believed in them same thing with airbnb he was an early investor in airbnb that was non obvious so he kinda got really into this like non obvious but correct mentality which is the the peter t like school of thought too like he's like the investments that didn't work out people also told me those were bad ideas so it's not that all bad ideas are good ideas it's a some bad ideas are actually great ideas and that that's where all the returns are and so you need to be willing to go where it's unpopular which is it's so easy to like talk about and it sounds like oh yeah just do not obvious things therefore any bad ideas see i should invest in i get so many bad ideas and i think i would say no these are actually all bad ideas that's such a challenging thing to figure out that's the and that requires so much talent or scale i don't know what it is but it's really really really impressive and really hard because looking back airbnb that sounds that sounds incredibly obvious but it's just crazy that he was able to pull that off yeah it's insane so anyways it's a giant you know sam alt ga but the guy is just really interesting it's one of the more interesting characters i think that exists in the tech world so so yeah like some of those quotes i think this was a ten out of ten pod you know so here's how know it's a good pod so it's a twelve thirty in texas ram i'm recording this usually i go and take a nap till about two o'clock after we have a good pod i i require i require sleep in rest and that's how i feel after this pod i'm like i need to take a nap and that's how i know it's good alright great glad to hear it oh and by the way i'm gonna show my tax return on the youtube channel go subscribe and then you'll see it go my first point on go if you wanna see it yeah gotta subscribe and if you find the glitch you might be able to see his social security number it's somewhere in there