Clip
The Power of Crowdsourcing
23:31 - 25:32 (02:01)
Crowdsourcing can often attract more interesting people than traditional recruiting methods, leading to faster and more effective problem-solving. Examples include Space X's use of competitions to develop new technology and turning AIDS medication research into a video game which was solved quickly by a group of gamers.
Similar Clips
The trend of making small niche versions of big venture funded apps is on the rise.
34:02 - 35:53 (01:50)
Summary
The trend of making small niche versions of big venture funded apps is on the rise. People are sharing their ideas and how they come up with them, with over 14,000 products now available for this market.
ChapterThe Trend of Small Niche Versions of Venture Funded Apps
EpisodeSPECIAL: The Tools in the Solo Creator Toolbox
PodcastMy First Million
The importance of evaluating the Nikola engine and the simplicity of its presentation.
48:35 - 50:01 (01:25)
Summary
The importance of evaluating the Nikola engine and the simplicity of its presentation.
ChapterThe Dangers of Blindly Believing Compelling Narratives
EpisodeE43: Innovative venture strategies, Zymergen's implosion, Square acquires Afterpay, future of fintech & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The founders built a journal product and used it to leverage other independent brands to kickstart and launch them.
37:45 - 38:50 (01:05)
Summary
The founders built a journal product and used it to leverage other independent brands to kickstart and launch them. They eventually shifted their business plan to incorporate sponsorships as they hit their limits.
ChapterCan Blogging Make You a Billionaire?
EpisodeHow to Become A Billion Dollar Creator with Nathan Barry, Founder of ConvertKit
PodcastMy First Million
The speaker discusses investing in billion-dollar companies, such as Airbnb and Tesla, and shares how they decided to invest in Atlassian.
43:05 - 44:24 (01:18)
Summary
The speaker discusses investing in billion-dollar companies, such as Airbnb and Tesla, and shares how they decided to invest in Atlassian.
ChapterAirbnb, Facebook, and the Future of Stripe
Episode#53 - Nicotine Gum, Dating Apps For The Elderly & Tax on Vested Shares
PodcastMy First Million
The founders of Liquid Death, a canned water brand, launched the product on social media a year before meeting science, a quasi venture capital firm and incubator based in L.A. which launched or helped launch several other brands, including Dollar Shave Club.
23:45 - 24:49 (01:04)
Summary
The founders of Liquid Death, a canned water brand, launched the product on social media a year before meeting science, a quasi venture capital firm and incubator based in L.A. which launched or helped launch several other brands, including Dollar Shave Club.