Creating a demo day could help build a slow flywheel and generate passive income in a boutique model, with the next batch of good developers doing all the work.
The speaker applauds the decision of the artist to sell his music's back catalog for $200 million and highlights that he now owns only a small part of it, so his total back catalog may be worth close to a billion dollars. He also criticizes those who question this decision.
A man discusses how he invested $300,000 and 6 months to test out his idea, resulting in a successful company worth millions.
The speaker shares how he made a lot of money designing shoes and making royalties of $2 per shoe that added up to hundreds of thousands of dollars, and even millions for some people.
The speaker and Chris discussed the new physical newsletter offering by a company that does $250 million business but he thought the physical format was absurd. Yet Chris and the speaker looked into actually buying it.