alright now we're ready for part two of the million awards we've got a bunch of categories like breakout company or product of the year the who is the craziest slash most delusional person we met this year as well as things like our favorite content books podcast that we consumed what is the best of the best and one of my favorites is un sexy business of the year so what's a business that on the surface looks maybe boring or it flies under the radar but actually secretly crush it we each share own so enjoy part two of the million words i feel like i could rule where i know i could be what i want to from at all in it like a days off on a roll next category that we have is the craziest most delusional person that you met this year so somebody who is kinda out there they broke your frame a little bit and it can be good delusional crazy it could be bad crazy there's this is just saying this person thinks way differently than you and and they're they're a bit like they're living in their own world and so this was a tough one for me i was a tough category sam who did you have so the easy one was elon musk you guys we already forgot about how elon and z almost gotten a fight that was hilarious i think elon insane but i didn't wanna pick him because that's too easy so i chose this guy named val who have met via hampton you probably have seen him on twitter his name's so like basically val was under the radar for years and years i mean he's probably forty five years old so he just started using twitter but he built a bunch of businesses he was a soviet union immigrant came here to america aged nineteen built a business that made ten million dollars in profit in year one i started hanging out with him and now he's got this massive set of businesses that probably do like a hundred and fifty or two hundred million dollars a year in revenue that he owns he's never raised money for any of them i invested in right when i invested into one of his real estate deals and he was new to it and i got a great return and so i did another one with them him and i started talking to him and he's like yeah we own this many tens of millions of dollars of brooklyn real estate and i was like wow what the hell how'd you figure out how to do he goes well i just did the math and i did this and i did this and he was so logical and yet so calm about it and he was comfortable with the risk so i gotta give love to val and here's a fun fact about him i started talking to me more he wakes up at four am and he starts working at three pm and basically works until four am and that's his life and i'm like there's so many reasons why that's bad and he was calmly just saying like yeah but it works for me and he's got five kids i love people that got tons of kids so this guy's is the best he seems like a good dad and good husband but he just crazy business stuff just absolutely crazy but he's so calm about it so he's one of the craziest people that i've ever met andrew you wanna go next sure so i i've actually struggled i think i said brian johnson he was the person that comes to mind it really really nice interesting guy but definitely crazy all the health stuff he's doing elon musk is another obvious answer but i actually couldn't think of somebody that was crazy and so actually inverted it i said who is the same promised most boring person and chris and i got to meet michael dell this year and michael dell worth sixty five billion dollars that's insane and we sat dell with him i'm i'm going like okay i'm gonna crack this guy open right like you read his book it's all very tame his public persona is very like you know serious and calm and nice and all that kind of stuff his his book is literally called play nice but a win and so i mean and chris we go into this work office you know it's gonna sorry go so so we go into this this huge gray like office park we're in this boardroom eddie sits down with us and chris i just walked away we're were like oh my god he's like the k i can't believe it's not butter of billionaires like he's just like steady eddy super nice and we're asking we're like dude what do you do with your money like you know have you gone like have you you know doing twenty houses doing own eat all bunch of planes you do anything crazy he's like nope i just love you know operating my business and growing it over time i own two nice i think he owns too nice or three nice houses obviously they're very very nice houses one plane and that was we couldn't get anything out of them and he told us this anecdote this how much of a baller he is he goes yeah so about twenty years ago i took two hundred million and i started a family office and in the family office i wanted to make like a ten percent return and so i hired these really smart guys and they started doing private credit and i don't know if you guys know what that is but usually it's lending to people that the bank won't lend to so it's higher risk lending and one of the people he led to was a i think a billionaire who owned a hockey team i think in dallas or something when you when he were saying that i just i was thinking like your cousin downed down the street who's like gonna go by like a rookie lebron card and flip it i guess right holy totally so he goes he goes yeah and then one day i just got a call and they said well yell the dallas stars now i think it was in dallas stars but some professional sports team and he had just literally just owned it because he had lent the guy money and the guy defaulted like that's how much of a baller michael bell is dude he totally esp be after ass he elizabeth holmes you i bet you michael dell just way more vicious dude no basement got something crazy in it this guy is lying to you michael dell is in order to get there andrew you no more than me but in order to get there you have to be the s of all sharks i don't i don't agree at that what there's i think you have to be you have to be very aggressive but i do think you can you can be a you have if you have to be a wack right you have to go you have to be a man you have to go extreme but i think you could be nice dude have you ever used a dell computer a dell computer is the technology equivalent of what you just described it's like the the most can't believe it's not butter of computers that by the way i don't even know what that analogy means but i it just made sense when what he said it it's kind of an insult i think right no it's like he's just like he's straightforward you know it's it's like saying someone is a you know they're the missionary position of the lending and it's like exactly just dis me it's like no mission is he's great everybody loves right and it's like yeah because you don't wanna be called missionary you he's the dad jeans a billionaire sean what he's like nicest guy ever yeah right dude no i swear to right when you walked at the room he was probably here's i know here's how i know you can always tell whether someone's like a psycho or scary based on how their employees talk about them right they're in place love him like gosh about them there's he's so nice he was so respectful that everyone someone came in and brought water to him they looked him in the eye and said their name and said thank you like he is a nice guy a profound story you just told that was amazing i thought that was gonna be something crazy what just sean alright so this was kinda tough but then i realized i had an answer so i did a call the other day with a guy ben was like you gotta meet this guy i met him at a brunch ben's thing is he always says this guy's got the juice oh he i was like he's you got the juice he goes this guy overflowing with the juice i was like alright i gotta meet this so you get on a call it seem like a brunch guy what are were you doing i wasn't at the brunch ben's was at the brunch okay so you know like in when people used to fight back in the day and they'd be like i nominate my second to fight for me that's bad ben does is all the fighting he gets out in the rule owner and meets people so anyways he he's like you gotta meet scott we get on a call and the guy's like he starts talking and immediately i love him why because i love the middle eastern accent anyone who who's like persian ronnie and my friend and like oh my god i look like they can tell me any story could tell me that same michael dell story and i would've have felt like it's an hbo documentary like it's so good to me so anyways he he's got the accent point one point two he goes love your podcast look look i have a podcast here he holds up these headphones he goes me and my wife we get high and then we record it i was like okay alright and then he's like this is how we started we hadn't even said anything yet he's like i'm like so what do work on and he's like i he's like american food is shit and i'm like i think i agree but okay where you coming from with this and he's like i i he's like i'm a super smart guy i sold my last company decided i always he's like i went back to turkey where i'm from and i ate a banana and i was like this is what food is supposed to taste like so he's like i realized i can use ai to grow better crops like i can literally grow better food if i take everything in machine learning he's like i trained a dataset on all like scientific papers i scraped all the scientific papers from like the journals and i trained a version of gp only on that and i try to figure out what can i do to get more minerals in the soil so that american food which is like it's the same food it's a banana but it tastes bad and it doesn't it doesn't taste like as rich as it does in other places and it's like deficient in all these minerals and so he's like i'm gonna grow more mineral rich food he's like i have the best he's like you like dried berries and i was like you kinda love dried berries to be honest with you and he's like i'm gonna send you dried berries right he's like these are the best berries you've ever had and he's like one serving of this is sixty percent of your daily vitamin c intake and i have like we buy whole foods whatever you go look at it'll be like five percent like it's like nothing hey he's like no this is sixty percent and he's like we grow it without soil and i'm like i don't understand what that means but okay he sends me these berries my kids are obsessed with them they taste so goddamn good and i'm like you know you get all these minerals so i'm this guy actually might not be full of shit then he's like i'm like okay what's is that like your main thing he's like yeah that's he's like but i also love to give back he's like i am immigrated here it really changed my life he's like so i'm gonna bring ten thousand turkish engineers to america engineers and lawyers and i was like what he's like yeah my business plan is i'm gonna bring ten thousand engineers and ten thousand lawyers to america from turkey and for those people in turkey it's gonna change their life and for america you're gonna get high you know super smart talent that's gonna come here and work and i was like how why is that goal how do you even do that and he's like basically had figured out an entire like buy the book way to get people visas systematically and programmatic and he's like and he created a model where he's like basically he he brings you over and you have an any little income share so you're gonna start making a hundred k plus a year as a lawyer or or an engineer he takes the income share of that he invest it and bring in the next engineer over he's like i to fund ten of these guys if i fund ten i can get to ten thousand and i was like this guy is thinking on a totally different wavelength the way he worked out this this plan i thought was great his overall energy was great and he was not just working differently than most of people are thinking differently he just works on different things than anybody i know like i don't know anyone they're trying to grow like mineral rich berries and bring ten thousand people immigrants into the country like that's what this guy's game plan was by the way i gotta share you share with you guys a funny conversation i had i shared it with sean and i'll and i'll read it here but basically i didn't wanna bring this guy up because i've talked about him so much and i get made fun of but i invested in this guy this guy's company named brett ad cox he's like my my i have a man crush on them and he's got this robot company he sent me a picture of like the robots and how they're like moving and it's amazing and i was like wow that's amazing you've done all this stuff in eighteen months and you've not raised a lot of money is this like a business that you can like not raised a lot of money for and you can own a lot of it and his response is a perfect example of why crazy people exist and how i'm just absolutely not one of them he says well this is verbatim well it's gonna cost a little under a trillion dollars to ship ten billion robots so i don't think it'll work without raising i was like yeah fuck me right like what do i do gonna go tweet i'll be b b if basically with this guys building a about and you you asked him to the equivalent of like hey we could talk about you doing a newsletter about it instead you're like you think you could just bootstrap this and not raise money like i need early dollars i felt like such a little bitch when he said that i was like yeah yeah you're you're you're right alright what about best and worst investments for the year yeah this is my favorite category andrew you've had the best stories in this i think you have the most you're the probably most prolific investor that comes on this pod so can you give us yours give us your best and worst so yeah my best was i i was in new zealand i've been working on getting my new zealand citizenship for the last two years or so and really i had this yeah yeah they have this there's this as part of the program there's this mandatory conference that i had to go to and i was absolutely dread it i'd had been traveling a whole bunch but i i you i got go i had to go and i was thinking about it and going okay well who do i know in auckland new zealand and i realized i'd met this guy matt buchanan about ten years ago at south by southwest here at ran an design agency at the time and he had started this website called letter box do you guys know what letter box is yeah looks like a movie thing what is it so social network for film buffs and it started a really really small it was just like you know hundreds of people at first just discussing films and then over time and especially over covid had grown like crazy and so matt my met up for coffee and i just asked him about you know how everything was going i i wasn't met all thinking about investing or buying it and he started telling me that they had ten million registered users that it had grown like crazy and at the end of the coffee i literally just blur out do you wanna sell and he was like well i hadn't really even thought about that and i was like throw me the craziest number you can think of and so he threw the number out and i said okay and i sent him an offer within forty eight hours and we just bought that business we didn't buy all that we bought it i think sixty percent of it about three months ago did you buy it for the number he said yeah the valuation i think i think it worked out to about sixty million dollar valuation something like that and those was three guys yeah no it was about i think there's about ten ten or so employees all in new zealand so totally bootstrap new zealand based designer a developer started it like incredible business they're gonna keep running it but it's it's an example of you know we bought a business called dr about eight years ago which is a social network and social networks are just incredible businesses i call them like airports you know if you're in the airport you can put you can you've got this group of people that's gonna congregate there on a consistent schedule and you can sell them you know all sorts of stuff you can sell them a book you can sell them a hotdog you can sell them a massage and as long as you don't mess with them and you keep the community happy you know you can do some incredible stuff so i'm i'm super excited about that dude this is your in for for z you can go back to z hey mark i told you it was a good idea social no social network on earth shit you got one i got two but who's counting happy to meet i felt got my in yeah you guys can start you're own a little facebook group of social media owners yeah social media owners and your best one last year was girl boss your worst one last year was venture capital in general what's your worst one this year so my worst one this year it was an investment i made about five years ago and it's a great example of shiny object syndrome lack of focus and what i call a money bon fire so i bought a podcast player called castro about five years ago and at the time i was really hopped up about podcast and subscription podcasting and the you know was around the time i started coming on m actually and i bought the business because i was excited about the space not because i had a plan and so the business basically just language the founders left i couldn't find anyone you know the we couldn't find the right person to run it and just every month i know i i think i bought it for a million bucks and it just lost ten to twenty k a month and it was a small enough number that blended into all my other stuff i just didn't really notice it it wasn't like an urgent thing and so this tiny little em turned into a money bond fire and so i think i lost two million dollars or something over the last five years on this business and now i'm in the process of selling it but anyone want it good pitch you too would like somebody money buy maybe maybe someone who wants to get into podcasting but anyway it is it is one of those things where i've done this so many times where i start something and it's a runaway train and i i just don't get the right people in and it just slowly burns money dude unless you're like a human man or or you know host like us i think podcasting could be good i think podcasting as like venture capital companies mostly is shit it's a very hard business i think to build tools for we get pitched all the time on like people are trying to make podcast podcasts more discover or this for that it's a hard business that's a hard industry yeah yeah a hundred sandwich you got best and worst investment of the year alright i don't remember what i what did i say last year at for best do you know did it say so tell me that in a second but alright my best investment man i one weekend i was talking to my wife i was like hey we're gonna have kids one day do you wanna keep working or what do you wanna do and she was kinda telling me and i was like well i'll tell you what to make your decision a little bit easier i bet this idea for a little copy thing i'm just gonna put it together because it's fun and it's how i taught my team how to write and it's how i learned how to write i'm just gonna do this for fun and if it works maybe one day you'll wanna quit your job and run this turns out she doesn't want to but i made it anyway yeah so it didn't work i run it yeah so i made this thing called copy that dot com it i just did it for fun i did over the weekend and that one little thing that i made it pays for my living expenses i i had i don't really do much for it i don't do anything for it and it pays for my living expenses and and for some reason like some of my other things like this podcast or hampton like when things get a little bit bigger you can't really deviate or move quickly and i just use this and also i have partners so i've got like sean's my partner in this podcast and then with hampton i have a business partner and i've got customers and things like that i can't really do what i want all the time just like on a whim and so i use this as like a little bit of of a playground to do whatever the hell i want and it's been fun and so i really enjoyed it my worst investment so so far sean i've invested about a million dollars into companies via angel investing i have seen not one dollar back since i started doing it in two thousand and sixteen i've got a lot of markup that that one million dollars is maybe worth five million dollars on paper but paper don't pay my mortgage at least not this type of paper and i it's pissed me off because i knew what it was going into it and i just don't like having to have the patience and or not having any involvement and so that's probably been my worst so far i don't think it's gonna be worse in terms of roi but i think it's worse in terms of i just don't enjoy it you know what what's interesting is i've got a friend he's an angel investor and he sold his company like you and he said i've always wanted to be an angel investor and so he invested in five companies and two of them paid them back ten x within two years and so he learned the wrong lesson right because that's not most people's experience then doubled down on angel investing for five years didn't see a single return for ten years and so i think it's like anything if you try something the first time and it it gives you a win you love it like i guarantee you if you have already gotten two million dollars back yes it's awesome you'd be like i love angel investing it's the best right but what you've really done is you've gone into the casino and gamble maybe with like a slight edge but you're really gambling and i i feel the exact same way i have barely seen any money you seen any money back andrew yeah i have but it took twelve years for the first one well was it significant yeah so i put in seventy five grand into a business and i got eight hundred grand back and then i put two hundred and fifty thousand into one and i got three million back but i also over the next period invested in like twenty or thirty million dollars in venture so so it canceled out all the other games and it it all comes down to like when you're investing the you know the the year you're investing right if you invest in twenty twenty and twenty twenty one like it's just everything's out the window yeah well we'll see sean have you seen any money that year i started my rolling fund came here was just ironic i see the first the first batch of investments we did were so far are the highest performers the first like six investments we did were the were the best batch which is kinda interesting well you've picked a handful of winners i know a few that you've picked and you've got a couple really really like said you know you don't get the you don't get liquidity until if it's a winner it's gonna run for ten years right so you it's not a good thing to do if you need cash you know today which is like you know i've got i've got winners i mean it's gonna be good it's just boring just lame well okay my best and worst investment alright so my best i had a couple more interesting examples but i'm just gonna say the one that's actually the best of the truthful answer is clearly hands down shepherd so i had this idea mostly inspired by you andrew which was wow this guy does really well and he doesn't have to start and invent the next big thing so you know you buy businesses that already are working and then maybe already have a tailwind so they're gonna just keep working at a greater rate in the future like when you got like let's say the the shopify ecosystem with with commerce i was like oh that makes sense to be buy something that's already working that has a tailwind and hopefully you can accelerate it or make it work better but even if you don't you can still make good money if you buy at the right price and we got like a basically like a it's a crazy result so far out of the shepherd deal so had this idea which was let me find a product that i use that i like that i kinda believe in of a business that's already working shepherd fit the bill buy it we buy a in this case a minority stake not a majority stake so that marshall would keep operating the thing and keep growing it the tailwind were behind us basically first it was covid so people went remote that was one big tailwind second tailwind was where the economy started to slow down over the last year everybody started to realize they need to be profitable well one way to be profitable is higher talent for five times less than you're currently hiring talent in the united states and so higher offshore talent became like a very obvious thing for business orders to do if they wanted profits and so shepherd just takes off and and the third piece which was can we accelerated and we had done a couple of experiments of like look we have this big audience right between twitter's is almost half a million people the podcast is way bigger than that newsletter we have a diff you have we have not just a big numbers but like big trust how that has been built up so we pick a product that we actually believe in let i think this will work we in the last i don't know we've only owned the owned our stake of the business for like six to nine months or something like that the business has tripled and it was already big to begin with and so this is just like an incredible result what how much of that is because of you well we could see it because when people sign up they to sign up through our link or they sign up and they say where they found it from so that's a minimum like there's some people who they have heard about it on podcast don't click the link or don't whatever and nick does a great job too so i don't wanna like you know take away from that but like in the last six months we drove like fifty percent more of the leads to the business it's like a a pretty insane you know value driver and so now i'm like oh i'm an unfair advantage if i i need to do ten of these if i just find a couple of businesses that are already stand good business that i believe in and i do the same thing if i can add millions of dollars of arr to this business i basically can't lose that that is a that is a completely unfair advantage to have and now all i have to do is choose wisely and so that's what i've been doing only we did one deal this year and it would we saw you know maybe sixty or so but i think we picked the right one because that investment has has paid off that business has added probably that one deal he did like i thought i was getting in at a good price but it is added at least thirty five million dollars of value just to that business just based on the growth and so that's like a crazy deal for him too so you know good good good on marshall for for cutting it it's interesting because like i think i assume that he did it as a secondary or something like that he wanted der risk take money off table yeah but effectively it's like a primary still because you've injected call it ten or twenty million dollars of free marketing as part of the partnership right yeah exactly super smart and it goes back to that idea i think i've talked about it on the pod but one plus one equals a hundred you can take a mediocre business and i think shepard is a great business so better if it's a great business well that's not how matt works no it's not right but this is but you can take you can take you can take something you can take a product and you combine it with an influencer and you can get an incredible outcome because you basically have a free fifty million dollar your marketing budget as a result well people have talked about this but like you know when i think of influencer i think of like kim kardashian or like you know mister beast it's like yeah obviously you know if they promote a product it's gonna go really well it turns out that there's a thing like b2b a b influencer right there's like a person who is respected amongst business people who is essentially like you i'm not saying my ass is big but like we're kind of the kid of business influencers right like this you you can you you could promote to a community that that that understands what you're doing and if you again if you pick a good product with a good business it will actually take off if you have a shitty product or a shitty business they'll try and then it'll leak out right right away and so it doesn't really but literally this is what hubspot did hubspot looked at the hustle and they said well right now they're making call it twenty million dollars i don't know if the number is twenty million dollars of ad revenue but how much of those advertisers making off that twenty million dollars of ad spend maybe it's thirty million or forty million or fifty million and so they can pay up to buy this business and then they can just direct the traffic to themselves and make all that money and i've seen the numbers i think it's a good i think it works for them and let me tell you a crazy thing about this shepherd deal i haven't shared before so the way we structured this deal was beautifully done so i was like look here the business is good the business is already spitting off millions of dollars of profit so it's like cool guys i can bring you guys capital but you kind of already have like a cash cow that's spinning up millions dollars of profit so like i don't really wanna what that's not really the value you add clearly the value add is gonna be that i can help grow this actual grow the customer base right because because of the audience and so essentially i put a very small amount of money down and then the company lent me the money to buy my stake in the company that's insane and i was like what and i was like did they type this wrong they're gonna give me the money to buy the the the business has giving me the money to buy the business like alright deals where where do i sign this is easy and it was a great deal for me but again like i said the valuation of the company has grown over thirty million dollars just in that period of time and so and like less than a year so like i thought dude i'm getting an absolute steal here it turns out they got actually even a bigger deal that i got you know it was like win win and so that's deal structure because that's another thing i've learned when when it comes to buying companies like in venture there's no structure venture is you put in money on a safe note or a price round it's not even negotiating on really the terms unless you're the lead investor and you're doing something really was not standard at all when you it comes to buying companies structure is can make the difference between a good deal an incredible deal or a terrible deal and structure really really matters i learned a ton about structure this year negotiating a bunch of these deals so shepherd kicked ass for you you did great let's move to the biggest l that you took this year what was that one last year at the end of the year this time last year i was like hey tax optimization well why don't know i sell a bunch of my crypto for tax purposes because with crypto you can wash trade you could basically sell and buy back the next day you could book the loss because crypto was down last year let's say so you could book a loss on any crypto that you had bought higher than that and so crypto was crashing crypto went down to like i don't know six bitcoin went down like sixteen k and i had bought a bunch of bitcoin at when we were doing the milk road probably closer to to thirty k so i could book you know big loss and then i was like i'm just gonna buy right back i believe crypto right but there is a funny psychological thing where you know catching a falling knife it's like i could buy back in but like should i buy back it now is it gonna go lower you know should i just kinda wait this out and see how it goes maybe i'll just do this other thing that that that thing's hot right now crypto is cold right now let me just wait i'm gonna do it but i'll do you know at end of the month and i said i'll do it at the end of the month for ten months straight just enough time for bitcoin to rip back up another thirty five forty percent and i bought back in and you know it's my tax savings cost me a lot of money so that was a big l that i took falling into a bunch of obvious psychological traps that i could pointed out for anybody else that i fell into now luckily for me i didn't sell all of it because i bought bunch lower than that so it wasn't like that part wouldn't have been a a text loss but still dumb that's a that's the second time you've done that that i know of by my course sell low by high right like i guess basically what i executed to perfection this year i have one more that was like a big miss leo is it so we talked about angel investing and angel investing we're talking about like getting returns every a game of angel investing is you you're gonna invest in thirty maybe fifty companies and it's gonna be one or two that are like the runaway winners that's really what you're playing the game for it's like you're not trying to have a high hit rate you're trying to have a huge slug percentage so a few just absolute grand slams and i missed two two's a lot two's the number you needed to win and i missed too the first is a the the realization here was it's not it's not about bad investments you make it's the ones you miss it's about the incredible events investments you miss and that's venture that's what that that's how it goes so i got introduced to a company called whatnot that i know you guys have heard about this business we talked about it on the pod you're were early talking about it it's like ebay i talked about it i believed in it i was like dude i was at twitch it's basically live video streaming and it started with baseball cards and then in a sports card so basically people would open up a packed live but you would buy the pack so it's like live they're sitting there they got all these packs on the table you would buy one he would open it up and he would be like you got a luca rookie card wow this is amazing and the chat going wild it just keep buying packs and so it was like this like kind of live video sort of like casino i like all those words live video and casinos i was like i wanna invest and the guy like i don't know man we're we're like pretty overs subscribe i'm like but it's me to paul sean we just met please and he was like let me think about it and i didn't he was like i don't think so i don't think was saying let me let me go talk to some people see if i could make space and i made a big mistake i waited and i didn't chase and what whatnot is now valued i think a ten billion dollars so that would have been by far the best investment in all of my angel investing i was there early on and i believed it did and i wanted to invest and i just did not fight hard enough to find a way to get into that company and so you know it's in angel vest it's not about oh i made this one bad investment and i lost one x it's that i missed out on you know a two hundred x or a five hundred x return on that one deal right like that my hundred fifty k check that i wanted to get into that would have been like a thirty million dollar position at this point one one question was it when was it valued at ten billion i think it it is it it might have been at the kind of peak time july two thousand twenty two they raised that three point seven yeah so okay so maybe it's a four billion now instead of instead of ten so anyways you know basically that would have been a multi billion dollar you know it's a multi billion dollar company now which is all you're trying to do in investing same thing happened with a company called shuffle so my former intern who came on the pod i did an episode was like my my old intern became a millionaire when we were hanging out doing the thought i was like so what are you doing now and he's like oh i'm doing this again this crypto casino overseas and i was like i like all those words when it comes to making money that's i i wouldn't wanna take the risk myself of running that company but if you're in another company i think it's a it's a great investment because these things you know we've talked about steak dot com that is just this absolute juggernaut stake is you know issuing like billion dollar dividends a year they have so much cash flow and these guys are building like a steak competitor and i wanted to invest and then our like lawyer in back office was like yeah but they're based out of this so they're not gonna provide the k ones in time blah blah and i was in a fund and i was like i can't put my fund money into this because again it's like this overseas crypto casino thing and the fund cost me this thing is gonna be a total winner it looks like their their volume is growing like crazy i think they have like i don't know he look at the latest numbers i mean it's just painful every time he tells me the latest numbers where it's like every day is their biggest day and you know they're they're doing millions and millions of dollars of daily betting volume and they're profitable and i'm like shit you know what you know what what's interesting is like you might feel like you've missed the boat on that but one of the things i've learned is like think about amazon dot com right amazon dot com launched in what nineteen ninety four and you you you know you basically add until two thousand and twelve to buy the stock right now obviously it's publicly traded stock easier to get into but i bet you could go to him and say hey remember your old pal sean can i put a hundred grand in or whatever it is and just suck it up right don't get caught up in the fact that you could have invested at some low valuation that sounds like it'll be a winner long term right yeah and i mean who knows that's a super high variance bet like they could get shut down tomorrow if like wherever they're based in some little island somewhere it gets like you know seized you know who knows what's gonna happen with that but that's a roller coaster i wanted to be on if you're gonna do angel investing you need high variance bets that can become absolutely massive or go to zero you don't want things that are low risk low reward that's not how angel investing works anyways anyway so those are my two worst investments they're miss missed out not lost money what's yours andrew so i'm a designer like i like you know i like things to look nice and i think every designer has this dream of building their dream house and so about seven years ago i bought a piece of property and i started building an amazing house and i hired amazing architects and interior designers and i'll just say now if you think you wanna build a house try it it really sucks you know everyone has this fantasy but what it really is you know you think it's gonna be about approving like beautiful exterior what it really comes down to is you are choosing where the electrical electoral outlets go you are proving what you know what color tone all the lights are and so you make ten thousand decisions and eventually you get decision fatigue and you start making bad decisions or if you delegate you delegate someone else and someone else is just you know they delegation is great in a company but when you live in this space the things bother you and so what i found was i because i was building way forever home i would approve they'd be like okay do you want this marble or there's this really really really nice marble that you can get where it's got you know nicer designs or whatever and i'd always choose to more expensive option because i was thinking this is my dream home i only get to build it once and so a massively over built i massively overs spent i ended up not being happy with the actual house once i was done wasn't the house like eight thousand square it huge i had everything i coulda wanted a gym i had a movie theater all all sorts of stuff and i ended up not even liking the house when i moved in because i just walk around the house going god it i remember making that decision you know why did i make that beam that height why did i put that light there and anyway so i ended up getting divorced a year and a half ago and neither me or my ex wife wanted the house and so i had to sell it and i took a thirty percent loss on this house that i'd had spent you know five years building and spent tons of money on so that was my that was my big loss and my big lesson is i remember my dad said you always wanna be the second owner of a hotel right you want someone else to go crazy and build it out and then go bankrupt and then you wanna come in and own that i think the same thing is true with houses just go buy a nice house that someone else built that's a great line you had an even bigger one though written down here yeah the other the other thing that happened to me this year so this this is this has happened to everybody but no one feels it so this year my net worth got cut in half on paper right so i went from my let's just say what's publicly available so my tiny stock was worth like seven hundred fifty eight hundred billion dollars and today it's worth about half of that and it's really fascinating like when you're when you own a private business or you own a real estate portfolio you don't have a ticker right if you own a million dollar house and all the houses in your neighborhood go down by twenty percent you don't see that you're not reminded of that and one of the crazy things about having a stock a stock ticker is every day you can see your net worth go up and down in radical ways and so yeah that kind of was pretty a pretty insane experience to see that happening over the course of six months i would never text you this but i remember like seeing the stock and everyone's wanna be like not i would just wanna be like what does that feel like you know what i mean like because there's been days when it's gone way up and there's been days it's gone way down and i've i've always curious that i'm like he knows what's going on i'm wanna i'm gonna stand out of his hair on this one it's really weird i mean warren buffett has this great anecdote where or or metaphor races says owning a business is like owning a farm let's say that your farm makes a million dollars a year of profit and some some yoke comes to your fence and he starts yelling i'll buy your firm for hundred grand if you know your farm is worth millions of dollars you just ignore the yoke and so there's all sorts of different people shouting different offers on your farm at all times and so that's kind of the approach i try and take is i just go like you know i know my business i know what it's worth but yeah it's pretty weird seeing big swings like that my worst thing this year was my biggest l was partially inspired by andrew andrew you make a huge mistake when you're talking to me the mistake is you say oh it's just easy you just hire a ceo and then and you miss out on two things one it ain't easy there's always it's always harder than you think there's always more challenges than you think the other thing is managing them you know how how should they manage you how should you manage them the thing with my company hampton my ceo jordan he's awesome but it's heavily based on my reputation and i'm heavily involved in the product and so when i wanna be involved in the product i've made mistakes where i'll just go directly to certain staff versus like understanding the chain of command and so just like understanding like how to like work with the ceo effectively has been a little bit of a challenge with me i've i it's going great and things are going good and i've made a lot of really good decisions and he's wonderful but just learning how to like understand that relationship has been a challenge and i've gotten in trouble a few times partially i i take blame for a lot of the the instances but i wish we would have talked more about how to manage them tactically we've talked a lot about how to hire and fire and things like that but not how to like work with someone on a daily or weekly or monthly basis yeah and i lots of learning there because i think it's very tempting to see a mistake and jump in but it's it's similar to delegation right when you first start del to an employee you wanna correct the errors as you see them but at the of the day the hardest part about having a ceo is that they can ruin the business if they're not careful and you ultimately have to let them make their own mistakes and learn from them think i've shared on the pod like we've had a couple instances where a ceo wants to spend one two three million dollars on r and d and we don't believe it's gonna work out but we let them because we go if we don't they're gonna resent us they're gonna say andrew and chris were holding us back we couldn't make our bonuses because we couldn't execute on the strategy and so we always say we want non fatal errors not fatal errors we'll intervene when they're fatal right so i think for you like intervening when it's something that's gonna ruin your reputation you should jump on that or ruin the business or imp it but otherwise the hard part is you just kinda have to watch them make mistakes and realize that over the long term they'll make more make more good decisions than bad yeah and it's just an emotional these are emotional issues but that's mine sean what do wanna do now which one let's go to one of my favorites so un sexy business so what is a un sexy kinda under the radar maybe simple business that stood out to you that you really liked let me go first on this one i've got one that's interesting so there's this guy i went to high school with him chris chris hoffman he just started posting content on twitter like three months ago so basically he posted a story but i'd known what his father did so his father owned a heating and cooling company called hoffman bros heating and cooling out of s saint louis where i'm from he posted he goes in two thousand sixteen we took over my father's company i bought it from him and it was doing thirteen million in revenue and he goes through two thousand sixteen all the way up to two thousand thirteen where he explains the changes they made and how much revenue the business is now doing so in two thousand sixteen it was thirteen thousand twenty it was forty two thousand twenty three it's gonna be like a hundred and forty million in revenue from a hvac business that he owns and he's any like tweets out all these interesting bits of content about things he's doing like for example we're giving an additional holiday off and here's how i think that that's gonna impact the business or we created this thing called hoffman university which teaches people we had to buy a whole building for this much money it's been very very fascinating he named cool companies that's gonna be the new storage business we're gonna see lots of people going on and doing that because of this guy chris hoffman been really fascinating stuff yeah so mine is really really boring so in every fashion house or graphic design studio there's a book of colors called pant tone so you might see these they're these big fat books and you could literally just flip through them you look at different colors and what they've done that's incredibly smart is they've trademarked colors so they have intellectual property where it'll be like burgundy blue sapphire orange you know whatever and this company i found out makes over a hundred million dollars a year of revenue and one of the most genius things about is they give you that book and they say you need to buy a new book every year because the colors fade right from being in the center or whatever and so they're just constantly resell these books people are licensing these colors and the entire fashion and graphic designer world is standardize on pant tell so it's it's just so boring and wonderful well we talked about w gs and their competitor and how i think it's publicly traded but they're trying to sell it for like i think they're trying to sell it for like eight hundred million dollars because but i i don't think their competitors do this is like the lower level this is literally the colors it's not saying which w sends like we're gonna research and reports with tell you which color is like pant does that too they do like they'll do like color forecasting and trending and all that kind of stuff too where where do they make the money is it on the books is it on the the dies or is it on the reports do you i think all of it and then if they use the color so they'll say like this color of red is gonna be in next season or whatever and if you wanna use it we have some ip around so w ended did fifty million in eb last year and they've been around for like thirty years we i i've been like obsessed with this space for a minute i i remember sean you remember i used to bring this up i think at our old office yep i've i've been loving this stuff tones is a good one and i i think it's w gs and pant like own this space it's basically like when starbucks is gonna come out with their new uniforms or their new like christmas sleeves or the cups they refer to each of these companies to figure out which colors are gonna be popular in six months yeah it's a really fascinating company and they've been around for a long ass time too love it alright let's do the next category so next category is content of the year what are the either books or blogs or tv shows or podcasts what was the best of the best right we're all in and inundated with so much content and we all kinda want a little bit less content but we still want the best so what was the best content that you consumed this year what was yours okay i'll give you one so on the tv side the bear season two epic episode seven yeah guessing this this stressful but that's a great episode i've tried to watch it so many times side checks i like breaking bad i love stressful shows there's something about the way that that show is cut where i just ant watch it i get too stressed out and i have to turned it off it's like uncut gems yeah i heard about this for the show so many times i started i i i i wasn't stressed i was actually just kind of like cool is kind slow you know like i'm i'm not like there's not really that much going on it's like almost so real it's like the you know a restaurant is not that exciting but i kept hearing about this episode so i powered through that's the whole first using the whole second season just to get this one episode and by the by the time i got there was like there's no way this is worth it totally worth it that is one of the best episodes of television i i've ever seen it is such an emotional you know high i'd love that episode i i remember where i was sitting i watched that and just thinking whoever made this you are incredible and it teaches you a ton about business like everyone after watching that episode went and read the book what's it called like great hospitality yeah yeah it's un something unbelievable hospitality or something right it's so there's a lot of business takeaways what was the other one i'll give you one more so i'll give you a book that i i like this year it's called have you ever read this it's called talk like churchill stan like lincoln no what is that so i go down these random rabbit holes while i try to get better at let's say storytelling or public speaking or you know things like that this is one that's on speaking and and storytelling that i i really liked didn't expect to like i like the title though talk like churchill stand like lincoln and it's a very simple book and a lot of it is kind of obvious things but i found it to be a very useful book and it is it's about how to speak better and how to carry yourself better in different situation samuel eleventh there's a whole there's a money on on dress how you how you how you should address and why you should address the way you dress there's a whole whole chapter on that and it's very short chapters that are on simple principles with a ton of examples and it's it's a very old book so like don't think a lot of people will read this book in general and all of the examples are from like you know old presidents and stuff that happened like you know before nineteen fifty so i think it's just like i don't know it's like an old book or uses old examples but it's a good one i recommend it's it's not the best book i've ever read but again i just found it a very simple useful book for anybody that wants to get better at how they carry themselves and how they present themselves that's a good one alright so there's this idea with stoic that philosophy of stoic i forget the exact term but basically it's where you imagine all of the worst things have happened they say you've got cancer your kids sick and dying your parents are dead no open up your eyes and none of that's true and you're grateful i love that idea and so this year i went on a spree where i read books about people's hardship so i read the wage which was the ten out of tenants it's about a ship wreck and these guys are stranded for two years and i read like literally four different ship rec books i read about lewis and clark and how they spent two years going through america in order to find the other side of the country and and all these hardship because it makes my life feel better when i'm just complaining about like a blog post so another thing that i really got into it's on netflix it's called world war two from the front lines and there's two things that i've been obsessed with the this year a hardship and so seeing like these soldiers and the jews and what they went through through the holocaust and the soldiers on d day it makes me so much so thankful that i don't have to do that and i'm like oh this shit shit's easy this money shuts stuffs way easy the other thing that i'm obsessed with is charisma even evil charismatic people so i got like i read all these books about charlie manson about hitler about lincoln about george washington and i love seeing this and you see that in this world war two what they do is they take real life footage from that era and they color it and you see like you know joseph go one of the one of the folks and one of the guys who let propaganda again for nazis you see them giving a speech and you see all you see literally a million people in the crowd like keeping being convinced to do all these evil things and i find it so fascinating how cult leaders like use their charisma to do to force people or convinced people to do bad stuff and so world war two from the front frontlines it's on netflix it's awesome that's not probably the best thing that i've consumed this share what's your andrew so like everyone else i've been freaking out about ai and i go through these phases where i try not think about it too much and then i go down a rabbit hole and i decided to read two books at the same time that kinda counter balance one another so one book is called the coming wave it's by one of the c founders of open ai and it's really fascinating usually you got these kind of like think piece analysis books by academics or professional authors and this guy actually is you know he's been on the front lines for the last fifteen years built deep mind and has been at google working on you know their ai programs for years so and he he has a very extreme view that effectively ai will disrupt all work and that the second and third order the consequences are just endless and we can't really contemplate them and he kind of argues for regulation and containment and then on the flip side at the same time the counter balance the anxiety of reading that i've been reading morgan household new morgan households new book same as ever which is about how things don't change what are the things that stay the same over the long term you know people still eat the same candy bars they still enjoy reading a book they like going for a walk in nature etcetera so the those have been two books that are absolutely loved and then i second the book the wage like sam before i go to bed i always read books about people in terrible situations or in worlds that are very different than the world habit and the wage is amazing i'm just at the part where they're going around the horn so i'm pretty early but oh my god amazing hard to put down isn't it that's one of the only books i've ever read in one sitting wow sean you gotta get on that ship wreck train i've got about three more ship rec books if you want i never bought into the s this the stoic at the negative visualization stuff i didn't enjoy that i do like reading about hardship or like kind of like people who went through things just to give yourself perspective more than it more than to make myself feel good although that's a good side effect but i think it's more important to have a broader perspective than just the little narrow stuff you see in your day to day life but doesn't that stuff just kind of like bum you out like yeah i i feel like i get the same effect of feeling good just by you know being thankful for what's going good and imagining things doing well and i can sleep easy doing that in my advice so the one of the most relaxing things for me is when i'm really really stressed i watched a show called survivor ma'am have you guys ever heard of this yeah that's the guy who like just is on his own for seven days and he's gotta figure it out this poor bastard that put him in like you know the ant antarctic with no you know he doesn't even have a hatch or anything it's he's like a monica himself he doesn't even have a film crew around he's got an emergency beacon if he's almost dying but he films himself surviving and you see this guy like drinking his own urine and eating rats and digging you know digging shelters under the ice and all this stuff and every time i watch that i just think how remarkable it is that i live in this amazing warm structure there's got like i go to badly mask up on his forehead is exactly post as this logic survivor reading gets printed emails asking in the glow of my peter red foam right he's was like oh shit i saw blue light two hours before bed no think the rats drink this and you're reading the wage and like don't these pussy these know that they'll just get they just have to eat a lemon and they won't get sc what a bunch of morons alright while this predictions what's yours dude i didn't i didn't do any here andrew you gotta carry us yeah so mine is that i think assistant and admin min jobs could go away or change radically i think that if you think about a lot of the tasks that personal assistants do i think a very well trained google ai that understands your google drive your calendar and your email we'll be able to do probably eighty percent of those tasks maybe more and i think that's coming in the very near term you know these things are just progressing at such an x exponential rate and so that's something i've been thinking a lot about and i'm i'm excited you know i think it frees up a lot of people to do you know more interesting work but it's gonna be pretty wildly disruptive well we we gotta read our predictions from last year right that i think that's where we gotta start for this one so andrew your prediction for twenty twenty three was that we would see a lot of copy slash competitors to gp three slash ai correct you said google jumps in correct aws has something and azure have something azure did the big you know microsoft did the big deal with open ai so you were pretty spot on sam yours was elon dies or gets canceled in a serious way and then he said overnight gets regulated the inputs happened the inputs for elon musk there the output was not dude he's he's getting kind of like a long slow cancellation you know progressively through and by the way that's my same prediction for the for the next year i think elon will admit that buying twitter was a mistake although i think he's already acknowledged he's like this is hardship that i didn't necessarily need but i think that like with all the advertisers leaving i've been buying ads on twitter i tested it like the cost per click are like stupid cheap i don't even wanna mention that on here because it's yeah going good cut that shit up but basically i think i think the the twitter experiment i think it's gonna live but not under elon or something in a drastic way so i'm extending my twenty three into twenty four okay i like that my prediction was selfish i said this is the year that i turned the corner and actually get shredded up guess so get ripped get in great shape and then i also said i start a company that's you know special or like maybe a legacy company definitely did not do the second one didn't but i also didn't like after that podcast i stopped thinking about that completely and i made actually my goal to not start a company this year but i and then the getting ripped i actually got to my fat this year but then before the end of the year fourth quarter was you know the clock was draining and i came through in the clutch and i'm now down about let's see thirteen fourteen pounds and i've been eating clean for what forty five straight days like perfect perfect eating exactly what i wanna be doing and four to put that in perspective forty five days is probably doesn't sound like much it's a month and a half probably the longest i went actual perfect eating where i'm not eating a bunch of chips or you know ordering a pizza or something like that you know one night when i'm tired of stressed by probably the last time i did a stretch would have been like seven days would have been like the longest i had gone just of actual clean eating and now i'm at forty five is going great with those without he's he hates oz zen baby i'm on that no plan daddy yeah and in the youtube comments you every video is commenting either your skin or your look so it's working people are people are loving your glow up what about coolest moment of your year i have a fun one so last year my closed one was all about me this year it's all about somebody else so i have a buddy when i went to college my buddy dan and dan we started our first business together straight out of college so we were like for three ami goes but then we you that company wasn't really working out and two of the three of us went to australia and had this really cool opportunity but like there wasn't really a spot for dan on that boat meaning like you know i got a spot and i was able to get one other guy spot but it was really too much for me to like convince this australian billionaire while i need two of my friends to come with me to go do this thing that was like kind of this unspecified project and i felt bad about that and i fell out about that for like a decade i was like damn i really wish like even if he didn't come there we had gotten him into a good landing spot before we made that decision i felt like we kinda a left you know no man left behind we kinda left a man behind and i felt bad about that i carried that guilt he did totally fine by the way he went and got a job at facebook and he when he was at facebook he went from like the bottom to the top the bottom was his job at facebook initially was to like make sure that like no penis will show up on our news feed it looks like building like penis detection like systems to like make sure that you and by the way you ever logged in into face penis never he dan did a great job and so while he was there he went and enrolled in the facebook developer boot camp like taught himself to code and then he became then he went out in the marketplace did a genius thing his job application he's like well i could say that i've been an engineer for two years that's not really gonna get me that good of a job so he's like in said he went out he he reframe it he goes i'm a facebook trained engineer i know how to do engineering at facebook i can make your engineering team run like a facebook engineering team people loved it he got a job at cto of a startup up that went on to raise you know b round c round d round but unfortunately the start of fizz out and i catch up with dan and i say he's like hey man you know unfortunately my options i thought we're gonna you know make me a bunch of money didn't really work out you got any other like kind of i'm looking for a job let me know and i said you know i met this guy andrew wilkinson and then i met this guy sai bulky and i've listen to this podcast that i create and it's all about there's a bunch of these people that are buying businesses i dan have you ever considered buying a business he's like i don't even know where i would start and i was like i'm gonna help you and i was i'll i don't i don't know ton about it but i know more about it than you do so you know like let me be a blue belt and help a white belt here and so i had basically helped dan do this search process i had no stake in it no investment in except for this is one of my best friends from college and dan bought a business he bought a so after six to nine months and several like close calls but you know you know last minute we said no this is not a great business don't buy it he buys this business and he buys this bag manufacturer a bag like bag sales company i don't know how you describe it they don't make the bags they they they get them made but they sell them to big retailers like if you go walk into like a like a ulta all the bags at ulta that's my blake dan's company and this guy had been running it for you know years he had no contracts with any of these companies he kind of ran it off pen and paper and so he by my friend dan was able to negotiate and buy this business at a great price and he just texted me yesterday saying that he's only owned this business down for like three four months that in the just in the the sort of five months that'll be this year he will out of the profit of this business after paying all the debt that he used to buy the business he will make more than he made at his highest paying job as cto already in the first five months and he's like dude the lifestyle is great he's like i'm kinda working more but it's totally different the totally different right like i own my own business i come in every day i'm excited he's like i see this path where we're gonna grow he's like i'm the bag i'm dan the bag man and he's like i can i can do this and this can be like my you know like my asset that i built because like he's like you know even though i'm making one i did it with my job it's even better because you can't ever sell your job but with this i know if i build this business up and it's making more profits one day i could sell this business and cash out like a life changing sum for and i feel so good that i got to you know sit shotgun for him while he went on this ride kudos to dan what's name of the company can you say i don't know but if you email me i'll tell you dan if you need bags for your business dan got you mine's a bit mine doesn't have any great story so andrew i saw what you put that is also mine but i'm not gonna say that one i'll go to the next one which is actually the most important one i had a kid this year that was my that was the coolest moment this year i think andrew you you told me what did you say you said you're gonna feel so much in dopamine and every morning when you look at your kid and i get it now so now it's my turn to gate people and tell people like oh you'll understand when you have kids you'll understand it i understand a little bit and it's been awesome so that's mine but andrew you do yours i think i said it's like liquid md a gets shot into your brain every time you look at your bait yeah it's awesome it's and it's brought me closer to my wife too i have more you know i've already i always respect of but now i there's more like of a of a spiritual respect it's kinda funny but what's yours totally so yeah we had our first ever live m in vancouver what was that february i guess this year and i kinda put it on like so i i like you know texted you guys and i was hey wanna do this event let's do it in vancouver we rented this huge theater and i remember getting the photo of the theater and sending it to you and we were just like holy shit like how are we gonna fill this thing or i was really nervous about it and we i remember we're backstage and we were like peeking out and the entire theater was packed there was a line yeah it was crazy like it was really really crazy and this was like so a massive multi level theater and in twelve hundred people twelve hundred thirteen hundred people or something and i remember sam was like we're backstage and he goes i don't use facebook but i do today because i want everyone in high school to see that i filled a theater i just post a photo of of of yeah i just love that i that was such a great moment there i remember sam you posted this photo of alexa han with serena williams and he just looks like like a like a pasty white nerd with this like beautiful like beautiful amazon and you go the nerds win and in that moment i was like okay the nerds went you didn't like when i said that by the way didn't you was that not a fan yeah it was awesome that we sold out that theater that that was a really exciting thing and you did the dumbest thing ever you made people pay but then you gave the money back if they showed up people would have just paid yeah i know in retrospect we should've have charged alright last three categories you wanna go to let's go to break of the year sean what do you what you mine's real simple break out of the year i think has to be oz i feel like oz zen kinda changed the world it's not just like a tech thing or a business thing like oz is everywhere and and there's i don't know jury still out on it but there's a lot of evidence that even if oz has you know maybe side effects or you gotta stay on it to maintain the gains or whatever like that people not being obese and people not being sort of controlled by their cravings whether it's for food or they're even seeing maybe effects for for alcoholism that seems just like a really really big deal and i kind of it's kind of the cliche idea it's like what if what if there was the magic weight loss pill and now there kind of is that's mind blowing to me that there we did it there is a magic weight loss pill while i was picking between brett taylor and oz and so sean do you remember how you first heard about oz i think it was june of two thousand twenty two i texted you and i was like there's this drug called semi tide it's i'm in new york and it's like kinda popular amongst like only a small group of like weird bio i'm gonna try it and i tried it and i remember messaging you or maybe i even said in the pod i'm like for some you know i've got i had drinking issues and a long time ago like for some reason i even feel like i think this might like share call it too you you called it a hundred percent not not only do you show you you show me a picture and i like wow that's incredible you go to you i started this semi type thing i was like dude did you like never heard of this like you yeah yeah i just inject this thing i me and i'm like bro you just inject random shit into you like that's not smart but you were totally honest it and then you said the i think this you're gonna cure alcoholism and i remember literally like i didn't wanna laugh in your face i remember laughing i'd be like dude that's just like it sounds like a crazy leap you know you can't just say that shit that's there's no evidence of that i just felt it i can feel it when i so i don't use it anymore but i test it for a small amount of time and this is semi tied that's the name of the drug or the i don't know how you even explain it the the root drug and then there's oz is the brand name but i remember like putting that in my body and i'm like i think this is gonna cure alcoholism because you don't crave anything and i think what's gonna happen is in ten years we're gonna see downsides to this drug because right now there's like very few or at least it's impacting only small amount of people so i think that the they're still gonna be downsides but i think that what it's got gallo said he goes it's not chat gp it's gl p one that's the big thing gl p one this drug class is gonna be way bigger than chat gp and i and i agree with him i think that's a breakout the year which yours andrew yeah that's like anti antidepressants or something so mine mine is pretty boring it's a company called snip and it's a podcast player and i don't know if you guys have this problem but often i'll be driving that's when i listen to podcast most and i'll hear something incredible like a great quote or just a a great line or something i wanna follow up on later and until recently i've either just forgotten it basically it goes the other side of my head or occasionally i would pull over my car and i'd make a note or something like that and snip basically solves that so what snip does is it has an ai that basically takes the transcript it does like voice recognition on the transcript of the podcast it pulls out all the key moments so a let's say that you wanna listen to a joe rogan interview but it's three hours and you only really wanna talk hear them talk about stuff that is an mma you can jump in or whatever but then also when you hear something interesting you can tap a little button in car or on your phone i it'll actually grab the text for whatever was just said and i found that incredibly useful and all my nerdy friends that are into like journal and read wise all that stuff are going crazy for it so i love that product you're on the homepage a a testimonial from you really yeah they apparently must i haven't invested or anything you've tweeted it out and they used their tweet and i think m is yeah m is on here too that's pretty cool sam you had you had a snip moment last pod where somebody was like yeah var is this crazy company they and we were like what do they even do they go yeah they're manufacturing drugs in space sam goes there's a pause goes why like i guess what like what's lot need to manufacture choice in space like what's wrong with massachusetts so still haven't gotten a good day answer i'm sure it exists wrong in massachusetts is just that is incredible incredible content this is the end of the mill awards congratulations folks this is the end of two thousand twenty three it's already two thousand twenty four which is crazy i saw someone say a professor was like hey you you can use sources in your paper from the previous century and this person the student wrote in and she goes hey i was gonna do something from the late twentieth century is nineteen ninety six is that too old to use so if you're born in two thousand you're already twenty four i can't believe we're going into that year dude that's us now too old to use yeah if it's crazy well that's it that's the pod rat follows i feel like i could rule to where i know i could be what i want to put at all in it like a day's off on a goal travel never looking back