Chapter
Retaining Control of a Company as a Private Equity Investment
The approach to building a company could be similar to a private equity investment, but it's important to retain control as equity holders. In the face of building a company, it's important to preserve the desire and freshness of the vision.
Clips
A representative from the startup, Rothy's, commends investor Jesse and the Turning Group for helping them define what it truly means to be "good at everything," and implementing discipline within the company.
1:50:19 - 1:51:25 (01:06)
Summary
A representative from the startup, Rothy's, commends investor Jesse and the Turning Group for helping them define what it truly means to be "good at everything," and implementing discipline within the company. Equity is provided to all employees.
ChapterRetaining Control of a Company as a Private Equity Investment
Episode#653: Elan Lee, Co-Creator of Exploding Kittens — How to Raise Millions on Kickstarter, Deconstructing Mega-Successes, Secrets of Game Design, The Power of Positive Constraints, The Delights of Craftsmanship, and The Art of Turning Fans into Superfans
PodcastThe Tim Ferriss Show
The speaker expresses curiosity about the percentage of the company bought in a strategic investment, but the interviewee isn't allowed to specify.
1:51:25 - 1:52:40 (01:15)
Summary
The speaker expresses curiosity about the percentage of the company bought in a strategic investment, but the interviewee isn't allowed to specify. However, they prioritize remaining in complete control of the company and not having bosses despite being open to help.
ChapterRetaining Control of a Company as a Private Equity Investment
Episode#653: Elan Lee, Co-Creator of Exploding Kittens — How to Raise Millions on Kickstarter, Deconstructing Mega-Successes, Secrets of Game Design, The Power of Positive Constraints, The Delights of Craftsmanship, and The Art of Turning Fans into Superfans
PodcastThe Tim Ferriss Show
As he contemplates his future, the CEO of Discord shares his vision of empowering communities through story and explains how his companies have always focused on community building.
1:52:40 - 1:53:29 (00:48)
Summary
As he contemplates his future, the CEO of Discord shares his vision of empowering communities through story and explains how his companies have always focused on community building.
ChapterRetaining Control of a Company as a Private Equity Investment
Episode#653: Elan Lee, Co-Creator of Exploding Kittens — How to Raise Millions on Kickstarter, Deconstructing Mega-Successes, Secrets of Game Design, The Power of Positive Constraints, The Delights of Craftsmanship, and The Art of Turning Fans into Superfans
PodcastThe Tim Ferriss Show
Christina Xu shares her journey and research on joy and how to create tools to bring people closer together.
1:53:29 - 1:55:06 (01:36)
Summary
Christina Xu shares her journey and research on joy and how to create tools to bring people closer together. She also discusses her experience visiting a group of kids who were creating joyful moments using their phones.
ChapterRetaining Control of a Company as a Private Equity Investment
Episode#653: Elan Lee, Co-Creator of Exploding Kittens — How to Raise Millions on Kickstarter, Deconstructing Mega-Successes, Secrets of Game Design, The Power of Positive Constraints, The Delights of Craftsmanship, and The Art of Turning Fans into Superfans
PodcastThe Tim Ferriss Show
The speaker compares his passion for game creation to an instructor's passion for skydiving, explaining that it is not simply a novelty, but a constant source of happiness and fulfillment for himself and players.
1:55:06 - 1:56:19 (01:13)
Summary
The speaker compares his passion for game creation to an instructor's passion for skydiving, explaining that it is not simply a novelty, but a constant source of happiness and fulfillment for himself and players. He wonders how game developers can maintain this freshness over time as the company grows.