Chapter
Making Millions from Street Art: The Story of Facebook Billionaire Sean Parker
1:14:49 - 1:16:33 (01:44)
The podcast discusses how Sean Parker made $200 million from $50,000 worth of street artists thanks to Facebook's growth, while also highlighting Parker's offer of either cash or stock to the artists.
Clips
David Cho, a well-known graffiti artist, was hired by Facebook to paint their office and was offered $50,000 in cash or Facebook stock.
1:14:49 - 1:15:45 (00:55)
Summary
David Cho, a well-known graffiti artist, was hired by Facebook to paint their office and was offered $50,000 in cash or Facebook stock. Choosing the stock, his gamble paid off as it was worth $300 million a few years later after Facebook's IPO.
ChapterMaking Millions from Street Art: The Story of Facebook Billionaire Sean Parker
Episode#215 - What Venture Capital Will Look Like in the Future
PodcastMy First Million
David Cho's artwork, which was once worth $50,000, has now given him a whopping $200 million, and he continues to make appearances on popular podcasts.
1:15:45 - 1:16:33 (00:48)
Summary
David Cho's artwork, which was once worth $50,000, has now given him a whopping $200 million, and he continues to make appearances on popular podcasts. There is a model of venture services where investors provide their businesses as an agency to give advice to other companies and invest in that collaboration.