Episode
#461 - Julien Smith - Learning From Elon Musk's Twitter Takeover
1:01:34
Published: Sat Apr 16 2022
Description
Julien Smith is the CEO of Breathe, a startup founder, investor, and an author. Elon Musk is trying to buy Twitter so I wanted to ask someone with experience of the startup world to explain what this tells us about Silicon Valley's modern approach to business and their obsession with growth. Expect to learn what is unique about the startup mindset, why Elon might be poison pilled by Twitter's legislative documents, the difference between founders in startups and regular businesses, how not getting discouraged and just keeping going can count for a lot, why being first is a disadvantage as well as an opportunity and much more... Sponsors: Join the Modern Wisdom Community to connect with me & other listeners - https://modernwisdom.locals.com/ Get 83% discount & 3 months free from Surfshark VPN at https://surfshark.deals/MODERNWISDOM (use code MODERNWISDOM) Get 10% discount on your first month from BetterHelp at https://betterhelp.com/modernwisdom (discount automatically applied) Extra Stuff: Follow Julien on Twitter - https://twitter.com/Julien Check out Julien's website - http://juliensmith.com/ Get my free Reading List of 100 books to read before you die → https://chriswillx.com/books/ To support me on Patreon (thank you): https://www.patreon.com/modernwisdom - Get in touch. Instagram: https://www.instagram.com/chriswillx Twitter: https://www.twitter.com/chriswillx YouTube: https://www.youtube.com/modernwisdompodcast Email: https://chriswillx.com/contact/
Chapters
This episode talks about the benefits of getting counseling and the importance of protecting your data privacy with tips on how to avoid targeted ads, split testing, and phishing websites.
00:00 - 04:34 (04:34)
Summary
This episode talks about the benefits of getting counseling and the importance of protecting your data privacy with tips on how to avoid targeted ads, split testing, and phishing websites. It also explores the startup mindset, Elon Musk’s potential poison-pill, and the difference between founders in startups and regular businesses.
Episode#461 - Julien Smith - Learning From Elon Musk's Twitter Takeover
PodcastModern Wisdom
Elon Musk offers a 54% premium on Twitter shares and threatens to dump 10% of his stock back into the market if shareholders don't accept the offer.
04:34 - 09:22 (04:47)
Summary
Elon Musk offers a 54% premium on Twitter shares and threatens to dump 10% of his stock back into the market if shareholders don't accept the offer. Musk claims this is his best and final offer.
Episode#461 - Julien Smith - Learning From Elon Musk's Twitter Takeover
PodcastModern Wisdom
This transcript discusses how Mark Zuckerberg used to perceive Twitter back in the day when both companies were private, and how such comments can greatly impact a company's image and the desire of potential employees to work for them.
09:22 - 13:45 (04:23)
Summary
This transcript discusses how Mark Zuckerberg used to perceive Twitter back in the day when both companies were private, and how such comments can greatly impact a company's image and the desire of potential employees to work for them.
Episode#461 - Julien Smith - Learning From Elon Musk's Twitter Takeover
PodcastModern Wisdom
There are poison pill provisions in Twitter's bylaws that protect the platform from external factors and allow for the protection of public goods, according to Steven Davidoff Solomon, a law professor.
13:45 - 16:33 (02:48)
Summary
There are poison pill provisions in Twitter's bylaws that protect the platform from external factors and allow for the protection of public goods, according to Steven Davidoff Solomon, a law professor. These provisions could prevent certain scenarios such as hostile takeovers and allow for the protection of common resources.
Episode#461 - Julien Smith - Learning From Elon Musk's Twitter Takeover
PodcastModern Wisdom
More people seem to be happy with Elon Musk due to his youthfulness and humor, while also being able to contribute and make an impact on society.
16:33 - 26:12 (09:38)
Summary
More people seem to be happy with Elon Musk due to his youthfulness and humor, while also being able to contribute and make an impact on society. However, there are concerns about his cultural influence on the world and how it could shape it in his own image.
Episode#461 - Julien Smith - Learning From Elon Musk's Twitter Takeover
PodcastModern Wisdom
The speaker argues that the censorship present in tech companies leads to a lack of innovation and creativity, resulting in an apathetic workforce.
26:12 - 38:07 (11:55)
Summary
The speaker argues that the censorship present in tech companies leads to a lack of innovation and creativity, resulting in an apathetic workforce. The emphasis is on the importance of finding a passionate employee rather than making multiple employees indifferent.
Episode#461 - Julien Smith - Learning From Elon Musk's Twitter Takeover
PodcastModern Wisdom
The rich who have places to put their money, but don't know where to put it, are quickly able to work out what they want and weave a narrative that tells them exactly what they want to hear.
38:07 - 43:57 (05:49)
Summary
The rich who have places to put their money, but don't know where to put it, are quickly able to work out what they want and weave a narrative that tells them exactly what they want to hear. In nightlife, people use the same approach to promote their clubs or bars, so scalability is very effortful.
Episode#461 - Julien Smith - Learning From Elon Musk's Twitter Takeover
PodcastModern Wisdom
The guest speaker discusses the importance of syndicates and their role in leading cultural change in the business world, particularly when investing in unproven products with state changes.
43:57 - 53:19 (09:22)
Summary
The guest speaker discusses the importance of syndicates and their role in leading cultural change in the business world, particularly when investing in unproven products with state changes.
Episode#461 - Julien Smith - Learning From Elon Musk's Twitter Takeover
PodcastModern Wisdom
Tim Ferriss and Michael Gervais discuss how having a support network and the ability to practice self-soothing is essential for persevering through setbacks and negativity.
53:19 - 59:01 (05:41)
Summary
Tim Ferriss and Michael Gervais discuss how having a support network and the ability to practice self-soothing is essential for persevering through setbacks and negativity.
Episode#461 - Julien Smith - Learning From Elon Musk's Twitter Takeover
PodcastModern Wisdom
Twitch, with a current market valuation of $15 billion, had 62 million users in 2018, according to qz.com.
59:01 - 1:01:31 (02:30)
Summary
Twitch, with a current market valuation of $15 billion, had 62 million users in 2018, according to qz.com.