Episode
#150 - Jason Calacanis Joins The Brainstorm To Talk Robinhood, Gambling and the Opportunities He's Investing In
1:11:35
Published: Wed Feb 03 2021
Description
Shaan Puri (@ShaanVP), Sam Parr (@theSamParr), and Jason Calacanis (@jason) discuss: - The reason Jason gambles and how much he has made over the years - How Jason made the transition from being a journalist to being an investor - How Jason became an investor in Robinhood - Why Substack and tech media may be doomed - The big opportunities in paid communities - Why Jason predicts ISAs and travel startups are going to boom Thank you to Lemon.io for sponsoring today's episode! They are offering a 15% discount for the first 6 weeks of work for all MFM fans. Go to Lemon.io/mfm to claim the offer! Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Editing thanks to Jonathan Gallegos (@jjonthan) See acast.com/privacy for privacy and opt-out information.
Chapters
The speaker initially thought his advantage was being able to read body language in person, but due to the pandemic, everything has moved online, and more entrepreneurs want to join the accelerator program than ever before.
00:00 - 02:56 (02:56)
Summary
The speaker initially thought his advantage was being able to read body language in person, but due to the pandemic, everything has moved online, and more entrepreneurs want to join the accelerator program than ever before.
Episode#150 - Jason Calacanis Joins The Brainstorm To Talk Robinhood, Gambling and the Opportunities He's Investing In
PodcastMy First Million
The guest speaker talks about how journalism used to be about independent and honest reporting, but now things have changed in the industry.
02:56 - 06:00 (03:03)
Summary
The guest speaker talks about how journalism used to be about independent and honest reporting, but now things have changed in the industry. He also talks about his own transition from journalism to venture investing.
Episode#150 - Jason Calacanis Joins The Brainstorm To Talk Robinhood, Gambling and the Opportunities He's Investing In
PodcastMy First Million
The speaker recounts a losing streak in his poker games where he was the clear favorite in most hands.
06:00 - 09:30 (03:29)
Summary
The speaker recounts a losing streak in his poker games where he was the clear favorite in most hands.
Episode#150 - Jason Calacanis Joins The Brainstorm To Talk Robinhood, Gambling and the Opportunities He's Investing In
PodcastMy First Million
The college roommate of Elon Musk, Deo, shares the billionaire's financial philosophy from a quote in a book.
09:30 - 11:18 (01:48)
Summary
The college roommate of Elon Musk, Deo, shares the billionaire's financial philosophy from a quote in a book. According to Musk, if you can count your money, you’re not rich.
Episode#150 - Jason Calacanis Joins The Brainstorm To Talk Robinhood, Gambling and the Opportunities He's Investing In
PodcastMy First Million
A business model for free trading stocks, aimed to attract millennials using their parents' Netflix accounts is discussed.
11:18 - 13:31 (02:12)
Summary
A business model for free trading stocks, aimed to attract millennials using their parents' Netflix accounts is discussed.
Episode#150 - Jason Calacanis Joins The Brainstorm To Talk Robinhood, Gambling and the Opportunities He's Investing In
PodcastMy First Million
The potential return on investment in high-growth companies as an angel investor can be enormous, especially in today's market where there is a vast consumer base with access to high-speed smartphones.
13:31 - 16:53 (03:21)
Summary
The potential return on investment in high-growth companies as an angel investor can be enormous, especially in today's market where there is a vast consumer base with access to high-speed smartphones.
Episode#150 - Jason Calacanis Joins The Brainstorm To Talk Robinhood, Gambling and the Opportunities He's Investing In
PodcastMy First Million
This is an advertisement for the Side Hustle Pro podcast, hosted by Nikayla Matthews-Akome, which can be found on the HubSpot podcast network.
16:53 - 22:08 (05:15)
Summary
This is an advertisement for the Side Hustle Pro podcast, hosted by Nikayla Matthews-Akome, which can be found on the HubSpot podcast network.
Episode#150 - Jason Calacanis Joins The Brainstorm To Talk Robinhood, Gambling and the Opportunities He's Investing In
PodcastMy First Million
The process of creating the top 100 podcasts for ESPN involves journalists compiling a list and debating it.
22:08 - 26:30 (04:21)
Summary
The process of creating the top 100 podcasts for ESPN involves journalists compiling a list and debating it. The list includes a diverse range of people from different professions, providing a unique perspective on topics discussed in the podcasts.
Episode#150 - Jason Calacanis Joins The Brainstorm To Talk Robinhood, Gambling and the Opportunities He's Investing In
PodcastMy First Million
In this podcast, the host discusses the potential pitfalls of overusing the practice of quoting and linking in journalism, citing examples of articles that may have relied too heavily on these devices.
26:30 - 32:19 (05:49)
Summary
In this podcast, the host discusses the potential pitfalls of overusing the practice of quoting and linking in journalism, citing examples of articles that may have relied too heavily on these devices.
Episode#150 - Jason Calacanis Joins The Brainstorm To Talk Robinhood, Gambling and the Opportunities He's Investing In
PodcastMy First Million
This podcast touches on the repercussions for GameStop employees and shareholders amid recent stock market changes, as well as the user experience during Twitter's extended outage.
32:19 - 35:30 (03:10)
Summary
This podcast touches on the repercussions for GameStop employees and shareholders amid recent stock market changes, as well as the user experience during Twitter's extended outage.
Episode#150 - Jason Calacanis Joins The Brainstorm To Talk Robinhood, Gambling and the Opportunities He's Investing In
PodcastMy First Million
The speaker believes Slack is the worst platform for a community due to its limitations, and the podcast is focused on personal conversations rather than discussions on current topics.
35:30 - 37:24 (01:54)
Summary
The speaker believes Slack is the worst platform for a community due to its limitations, and the podcast is focused on personal conversations rather than discussions on current topics.
Episode#150 - Jason Calacanis Joins The Brainstorm To Talk Robinhood, Gambling and the Opportunities He's Investing In
PodcastMy First Million
The idea of paid communities is becoming famous where one can pay around $20-100 per year to be a part of a community.
37:25 - 41:31 (04:06)
Summary
The idea of paid communities is becoming famous where one can pay around $20-100 per year to be a part of a community. It is also believed that quality can increase if multiple people are writing on each newsletter rather than just one.
Episode#150 - Jason Calacanis Joins The Brainstorm To Talk Robinhood, Gambling and the Opportunities He's Investing In
PodcastMy First Million
The success of Lambda School's model, which includes teaching and job placement, has inspired the creation of similar schools in Brazil and other countries.
41:31 - 46:29 (04:57)
Summary
The success of Lambda School's model, which includes teaching and job placement, has inspired the creation of similar schools in Brazil and other countries. Traditional colleges lack the same focus on job placement as these newer schools, with only a small office dedicated to career services.
Episode#150 - Jason Calacanis Joins The Brainstorm To Talk Robinhood, Gambling and the Opportunities He's Investing In
PodcastMy First Million
The speaker discusses two options for investing in real estate, either through a teachable and affordable program or through extensive ISAs, and argues that it may be more beneficial to let a management company handle the legal and financial paperwork for a fee instead of handling it yourself.
46:29 - 49:54 (03:25)
Summary
The speaker discusses two options for investing in real estate, either through a teachable and affordable program or through extensive ISAs, and argues that it may be more beneficial to let a management company handle the legal and financial paperwork for a fee instead of handling it yourself.
Episode#150 - Jason Calacanis Joins The Brainstorm To Talk Robinhood, Gambling and the Opportunities He's Investing In
PodcastMy First Million
With remote schooling, parents have realized that their child's education takes up only a portion of the day with the rest being socialization and electives.
49:54 - 53:04 (03:10)
Summary
With remote schooling, parents have realized that their child's education takes up only a portion of the day with the rest being socialization and electives. Some parents are considering setting up their own schools to have a better learning experience for their children.
Episode#150 - Jason Calacanis Joins The Brainstorm To Talk Robinhood, Gambling and the Opportunities He's Investing In
PodcastMy First Million
Jason Calacanis talks with Scott Galloway about the potential of companies like Uber and Tesla, and the opportunities available through free online education.
53:05 - 56:28 (03:23)
Summary
Jason Calacanis talks with Scott Galloway about the potential of companies like Uber and Tesla, and the opportunities available through free online education.
Episode#150 - Jason Calacanis Joins The Brainstorm To Talk Robinhood, Gambling and the Opportunities He's Investing In
PodcastMy First Million
The SEC recently cracked down on a cryptocurrency fund for allegedly attempting to buy their way onto exchanges and creating false accounts to appear long on trades, prompting a discussion of the potential dangers of large sums of money in crypto.
56:28 - 1:01:29 (05:01)
Summary
The SEC recently cracked down on a cryptocurrency fund for allegedly attempting to buy their way onto exchanges and creating false accounts to appear long on trades, prompting a discussion of the potential dangers of large sums of money in crypto.
Episode#150 - Jason Calacanis Joins The Brainstorm To Talk Robinhood, Gambling and the Opportunities He's Investing In
PodcastMy First Million
The SEC has been working on accreditation laws for non-accredited investors to participate in equity crowd financing and crypto, following the footsteps of GameStop and Robinhood.
1:01:29 - 1:05:22 (03:53)
Summary
The SEC has been working on accreditation laws for non-accredited investors to participate in equity crowd financing and crypto, following the footsteps of GameStop and Robinhood. However, despite the appetite for speculation and money stores, there's still no significant use case for Crypto.
Episode#150 - Jason Calacanis Joins The Brainstorm To Talk Robinhood, Gambling and the Opportunities He's Investing In
PodcastMy First Million
The speaker highlights the difficulties in obtaining accurate metrics for podcast downloads due to the various methods by which podcatchers and CDNs handle the files.
1:05:22 - 1:09:01 (03:38)
Summary
The speaker highlights the difficulties in obtaining accurate metrics for podcast downloads due to the various methods by which podcatchers and CDNs handle the files. The discussion also touches upon successful podcasts that have built a loyal audience and the impact of the pandemic on the podcasting landscape.
Episode#150 - Jason Calacanis Joins The Brainstorm To Talk Robinhood, Gambling and the Opportunities He's Investing In
PodcastMy First Million
As more people receive the COVID-19 vaccine, personal connections and conversations will play a crucial role in changing perceptions on its safety and efficacy.
1:09:01 - 1:10:26 (01:24)
Summary
As more people receive the COVID-19 vaccine, personal connections and conversations will play a crucial role in changing perceptions on its safety and efficacy. It is predicted that within the next few months, individuals will know significantly more vaccinated individuals than those who have died from the vaccine.