"Fuck it... I'm just not going to play this traditionally anymore." - Chris Sacca Chris Sacca was recently the cover story of the "Midas Issue" of Forbes Magazine. The reason: He is a newly-minted billionaire and the proprietor of what will likely be the most successful venture capital fund in history: LOWERCASE I of LOWERCASE Capital. He's an early-stage investor in companies like Twitter, Uber, Instagram, Kickstarter, and many more. In this interview, we discuss unfair advantages, how Chris chooses founders and investments, stories of missed opportunities, the styles that differentiate Wall Street from Silicon Valley investors, and how keg parties can liberate law students from the tyranny of class (Chris completed law school without attending any classes). Enjoy! All show notes, links, and resources from this episode can be found at http://fourhourworkweek.com/podcast This podcast is brought to you by MeUndies. Have you ever wanted to be as powerful as a mullet-wearing ninja from the 1980's, or as sleek as a black panther in the Amazon? Of course you have, and that's where MeUndies comes in. I've spent the last 2-3 weeks wearing underwear from these guys 24/7, and they are the most comfortable and colorful underwear I've ever owned. Their materials are 2x softer than cotton, as evaluated using the Kawabata method. Check out MeUndies.com/Tim to see my current faves (some are awesomely ridiculous) and, while you're at it, don't miss lots of hot ladies wearing MeUndies. This podcast is also brought to you by 99Designs, the world’s largest marketplace of graphic designers. Did you know I used 99Designs to rapid prototype the cover for The 4-Hour Body? Here are some of the impressive results. Click this link and get a free $99 upgrade. Give it a test run.. Thanks for listening!***If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading the reviews!For show notes and past guests, please visit tim.blog/podcast.Sign up for Tim’s email newsletter (“5-Bullet Friday”) at tim.blog/friday.For transcripts of episodes, go to tim.blog/transcripts.Interested in sponsoring the podcast? Visit tim.blog/sponsor and fill out the form.Discover Tim’s books: tim.blog/books.Follow Tim:Twitter: twitter.com/tferriss Instagram: instagram.com/timferrissFacebook: facebook.com/timferriss YouTube: youtube.com/timferrissPast guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, and many more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Tim Ferriss talks about his personal best in running, answers personal question; and also promotes Five Bullet Friday, his free email newsletter featuring his five coolest finds of the week.
In this podcast, the hosts discuss how super angel investor Chris Sacca made billions, burnt bridges and created one of the best seed portfolios ever.
The guest talks about his experience of total immersion and how some venture capitalists generously helped him figure things out at the beginning of his career. Additionally, he mentions the success of his first fund in venture capital.
The second rule for success shared by the speaker is to start with something great that can be improved instead of starting with something bad that needs to be fixed. He gives his perspective on this and shares a common inconvenience of online sign-ups that require a postcard to cancel.
The speaker compares his father's lack of insight into Evan Williams' early concepts, to that same level of knowledge that made Evan's products a success.
The speaker discusses their experience in poker and how some of the supposed great deals ended up falling through, citing an example of advising some individuals to invest in Google.
The speaker discusses their investment strategy, acknowledging failures and missed opportunities, but ultimately concludes that they let the negative outcomes dominate their analysis.
The focus on upside rather than managing downside is a distinguishing feature of VC compared to hedge fund investors. While hedge fund managers are more apocalyptic in their thinking, venture capitalists focus on positive scenarios and potential high multiple outcomes.
This podcast talks about the importance of experiencing different perspectives in life, such as studying abroad or spending time around poorer communities, to gain a more diverse outlook on the world. The podcast discusses a book to be read in the second person that offers the perspective of someone in a slum in Pakistan, and the impact it could have on readers.
The host discusses the benefits of having humility and asking for help in leadership roles, and seeking out individuals with international experience and a background in athletics for successful management. He also shares how his upbringing helped shape his own work ethic and confidence.
The skills necessary for succeeding in law school differ from those necessary for being a successful lawyer. While law school is a great exercise for those wanting to become litigators, it does not teach skills required for most legal jobs.
In this episode, the speaker shares some tips for living an interesting and fulfilling life, including living abroad, volunteering for a cause, and engaging in meaningful conversations. He emphasizes the importance of embracing interestingness as a way of living, rather than constantly searching for a specific path to follow.
The speaker reflects on their experience navigating the tech industry during its early days, including the challenges of making Twitter profitable and the importance of saying no to time-wasting meetings.
A person shares a brief encounter with a Greek guy wearing revealing blue skivvies on the beach, while reflecting on their own choice of clothing.
This podcast episode provides advice for entrepreneurs, emphasizing the importance of having faith in one's ideas and persistence despite setbacks, as well as caution against pursuing entrepreneurship simply for the perceived coolness and wealth of the tech industry.
The podcast discusses hacking the master SOM test and the growing online presence of soccer through social media platforms such as Twitter and Periscope.