Chapter
The Story of How Nathan Rothschild Became One of the Wealthiest People in the World
23:40 - 28:09 (04:29)
Nathan Rothschild became one of the richest people in the world due to his involvement in an early-stage venture capital firm investing in companies and his banking ventures. Merchants traveled to Britain, redeeming his notes for British pounds for full value.
Clips
The Rothschilds became one of the wealthiest families in the world by acting as intermediaries in the trading of British government bonds.
23:40 - 26:22 (02:41)
Rothschilds
Summary
The Rothschilds became one of the wealthiest families in the world by acting as intermediaries in the trading of British government bonds.
ChapterThe Story of How Nathan Rothschild Became One of the Wealthiest People in the World
EpisodeSPECIAL: The Rothschilds (Part 1)
PodcastMy First Million
The speaker discusses a type of venture capital that invests in startups in their earliest stages, before traditional VC firms get involved.
26:22 - 28:09 (01:47)
Startup investment
Summary
The speaker discusses a type of venture capital that invests in startups in their earliest stages, before traditional VC firms get involved. He then mentions an article by Sam Altman about the importance of hard work in becoming successful, particularly in raising children.