Episode

#317: Steve Jurvetson — The Midas Touch and Mind-Bending Futures
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2:49:08
Published: Thu May 31 2018
Description

Steve Jurvetson (@jurvetson) is an early-stage venture capitalist with a focus on founder-led, mission-driven companies at the cutting edge of disruptive technology and new industry formation. Steve was the early VC investor in SpaceX, Tesla, Planet, Memphis Meats, Hotmail, and the deep learning companies Mythic and Nervana. He also led investments in startups that were acquired for $16 billion, and five that went public in successful IPOs.In 2016, former President Barack Obama announced Steve's appointment as a Presidential Ambassador for Global Entrepreneurship. Steve has also been honored as one of "Tech's Best Venture Investors" by Forbes, and as the "Venture Capitalist of the Year" by Deloitte. Steve will be launching a brand-new venture fund sometime later this year, and you can read about it at future.ventures.Enjoy!This podcast is brought to you by Helix Sleep. I recently moved into a new home and needed new beds, and I purchased mattresses from Helix Sleep.It offers mattresses personalized to your preferences and sleeping style without costing thousands of dollars. Visit Helixsleep.com/TIM and take the simple 2-3 minute sleep quiz to get started, and the team there will build a mattress you'll love.Its customer service makes all the difference. The mattress arrives within a week, and the shipping is completely free. You can try the mattress for 100 nights, and if you're not happy, they'll pick it up and offer a full refund. To personalize your sleep experience, visit Helixsleep.com/TIM and you'll receive up to $125 off your custom mattress.This podcast is also brought to you by Four Sigmatic. While I often praise this company's lion's mane mushroom coffee for a minimal caffeine wakeup call that lasts, I asked the founders if they could help me—someone who's struggled with insomnia for decades—sleep. Their answer: Reishi Mushroom Elixir. They made a special batch for me and my listeners that comes without sweetener; you can try it at bedtime with a little honey or nut milk, or you can just add hot water to your single-serving packet and embrace its bitterness like I do.Try it right now by going to foursigmatic.com/ferriss and using the code Ferriss to get 20 percent off this rare, limited run of Reishi Mushroom Elixir. If you are in the experimental mindset, I do not think you'll be disappointed.***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? Please fill out the form at tim.blog/sponsor.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.

Chapters
Tim Ferriss talks about his popular email newsletter, Five Bullet Friday, which he sends out every Friday to millions of subscribers around the world.
00:00 - 01:21 (01:21)
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email newsletter
Summary

Tim Ferriss talks about his popular email newsletter, Five Bullet Friday, which he sends out every Friday to millions of subscribers around the world. It includes his favorite discoveries of the week, covering various topics such as apps, books, documentaries, gadgets, and more.

Episode
#317: Steve Jurvetson — The Midas Touch and Mind-Bending Futures
Podcast
The Tim Ferriss Show
In this episode, Tim Ferris interviews Steve Jurvetson, a venture capitalist with experience in disruptive technology, on how he identifies unique ideas and invests in startup companies.
01:21 - 07:38 (06:16)
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venture capital
Summary

In this episode, Tim Ferris interviews Steve Jurvetson, a venture capitalist with experience in disruptive technology, on how he identifies unique ideas and invests in startup companies.

Episode
#317: Steve Jurvetson — The Midas Touch and Mind-Bending Futures
Podcast
The Tim Ferriss Show
The book fabric of reality in 2002 was written by a man named john d. wilson.
07:38 - 13:18 (05:40)
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Science/Tech
Summary

The book fabric of reality in 2002 was written by a man named john d. wilson.

Episode
#317: Steve Jurvetson — The Midas Touch and Mind-Bending Futures
Podcast
The Tim Ferriss Show
Chris Monroe discusses the speed and capabilities of quantum computing and its practical applications in the near future, highlighting its potential in quantum chemistry and machine learning.
13:18 - 20:50 (07:31)
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Quantum computing
Summary

Chris Monroe discusses the speed and capabilities of quantum computing and its practical applications in the near future, highlighting its potential in quantum chemistry and machine learning.

Episode
#317: Steve Jurvetson — The Midas Touch and Mind-Bending Futures
Podcast
The Tim Ferriss Show
In this episode, the speaker discusses the threats posed by bioterrorism, the benefits of having satellites with infrared sensors to detect threats and track their trajectory, and the importance of addressing threats like asteroid impact or pandemics.
20:50 - 29:21 (08:31)
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Earth threats
Summary

In this episode, the speaker discusses the threats posed by bioterrorism, the benefits of having satellites with infrared sensors to detect threats and track their trajectory, and the importance of addressing threats like asteroid impact or pandemics. The speaker also touches on the weird and provocative phenomena of quantum physics that we are just starting to understand.

Episode
#317: Steve Jurvetson — The Midas Touch and Mind-Bending Futures
Podcast
The Tim Ferriss Show
Billionaire entrepreneur and investor, Elon Musk, warns of the negative effects of technology's ability to take over and consume the world whilst discussing new risks of climate change, including lethal gas.
29:21 - 34:24 (05:02)
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Technology
Summary

Billionaire entrepreneur and investor, Elon Musk, warns of the negative effects of technology's ability to take over and consume the world whilst discussing new risks of climate change, including lethal gas.

Episode
#317: Steve Jurvetson — The Midas Touch and Mind-Bending Futures
Podcast
The Tim Ferriss Show
The future of manufacturing will be increasingly focused on using carbon and other materials for structural purposes.
34:24 - 40:17 (05:52)
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Manufacturing, Healthcare
Summary

The future of manufacturing will be increasingly focused on using carbon and other materials for structural purposes. In addition, healthcare and other basic necessities should be made freely available to all people.

Episode
#317: Steve Jurvetson — The Midas Touch and Mind-Bending Futures
Podcast
The Tim Ferriss Show
The speaker discusses his motivations for attending business school, which included networking, learning, and exploring potential career paths.
40:17 - 47:21 (07:04)
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Business Education
Summary

The speaker discusses his motivations for attending business school, which included networking, learning, and exploring potential career paths. He emphasizes the value of the diverse and comprehensive education offered by business schools and the importance of the network obtained through those programs.

Episode
#317: Steve Jurvetson — The Midas Touch and Mind-Bending Futures
Podcast
The Tim Ferriss Show
Many investors are fear-driven, trying their best not to lose any company.
47:21 - 52:11 (04:49)
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Investing
Summary

Many investors are fear-driven, trying their best not to lose any company. The majority of startups fail, and the fear of losing investments often makes investors shy and unadventurous.

Episode
#317: Steve Jurvetson — The Midas Touch and Mind-Bending Futures
Podcast
The Tim Ferriss Show
Tim Draper shares his strategy for investment success: invest in unique and disruptive ideas that can change the world and have the potential for huge success.
52:11 - 56:19 (04:08)
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investment
Summary

Tim Draper shares his strategy for investment success: invest in unique and disruptive ideas that can change the world and have the potential for huge success.

Episode
#317: Steve Jurvetson — The Midas Touch and Mind-Bending Futures
Podcast
The Tim Ferriss Show
Platform technologies like nanotech, synthetic biology and deep learning neural networks, can be applied across various industries, making them more valuable than specific sectors.
56:19 - 1:00:18 (03:59)
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Investment
Summary

Platform technologies like nanotech, synthetic biology and deep learning neural networks, can be applied across various industries, making them more valuable than specific sectors. Diversifying investments across various unique platform technologies can offer free portfolio diversification, while also encouraging learning and flexibility in investing.

Episode
#317: Steve Jurvetson — The Midas Touch and Mind-Bending Futures
Podcast
The Tim Ferriss Show
Deep learning, also known as neural networks, is a way of simulating a subset of brain activity to solve problems through a series of algorithms that exceed human understanding.
1:00:18 - 1:05:48 (05:30)
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Deep Learning
Summary

Deep learning, also known as neural networks, is a way of simulating a subset of brain activity to solve problems through a series of algorithms that exceed human understanding. This technology is revolutionizing engineering fields allowing for solutions beyond human design.

Episode
#317: Steve Jurvetson — The Midas Touch and Mind-Bending Futures
Podcast
The Tim Ferriss Show
GPUs have allowed for the development of neural networks that can perform tasks like image and speech recognition, modeled after the way our brain does pattern recognition and data reduction, making them an obvious path to AI.
1:05:48 - 1:12:44 (06:55)
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AI
Summary

GPUs have allowed for the development of neural networks that can perform tasks like image and speech recognition, modeled after the way our brain does pattern recognition and data reduction, making them an obvious path to AI.

Episode
#317: Steve Jurvetson — The Midas Touch and Mind-Bending Futures
Podcast
The Tim Ferriss Show
When evaluating startups for long-term success, it is important to ask questions about the entrepreneur's mission and purpose for their business, as those with a clear purpose tend to have a long-term vision.
1:12:44 - 1:21:56 (09:12)
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Startup Evaluation
Summary

When evaluating startups for long-term success, it is important to ask questions about the entrepreneur's mission and purpose for their business, as those with a clear purpose tend to have a long-term vision. It is also important to look for purpose-driven businesses rather than those solely focused on making money, as they tend to have a more galvanized team and a roadmap for long-term success.

Episode
#317: Steve Jurvetson — The Midas Touch and Mind-Bending Futures
Podcast
The Tim Ferriss Show
Investor and entrepreneur, Chris Sacca, emphasizes the benefits of holding shares in successful startups in perpetuity rather than trying to time the market.
1:21:56 - 1:28:55 (06:59)
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Investing
Summary

Investor and entrepreneur, Chris Sacca, emphasizes the benefits of holding shares in successful startups in perpetuity rather than trying to time the market. He argues that this aligns with the goal of entrepreneurs and allows for maximum growth over time.

Episode
#317: Steve Jurvetson — The Midas Touch and Mind-Bending Futures
Podcast
The Tim Ferriss Show
The two CEOs have different approaches to business strategy, with Steve Jobs taking a more Zen-like approach to design and Elon Musk having a well thought out strategy to achieve his goals.
1:28:55 - 1:39:58 (11:02)
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Elon Musk
Summary

The two CEOs have different approaches to business strategy, with Steve Jobs taking a more Zen-like approach to design and Elon Musk having a well thought out strategy to achieve his goals. However, they share the similarity of leading two successful companies and inspiring people to invest in their visions.

Episode
#317: Steve Jurvetson — The Midas Touch and Mind-Bending Futures
Podcast
The Tim Ferriss Show
The co-founder and CEO of Neuralink and SpaceX, Elon Musk, has a remarkable ability to avoid distractions and focus on solving problems when necessary.
1:39:58 - 1:45:39 (05:41)
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Focus
Summary

The co-founder and CEO of Neuralink and SpaceX, Elon Musk, has a remarkable ability to avoid distractions and focus on solving problems when necessary. This has been witnessed through his work at SpaceX and in setting up meetings to explore cheaper Mars return missions using a gene sequencer.

Episode
#317: Steve Jurvetson — The Midas Touch and Mind-Bending Futures
Podcast
The Tim Ferriss Show
Tim Ferriss reflects on the false rumor of him hosting a sex party in Silicon Valley and the lack of fact-checking in non-fiction book publishing.
1:45:39 - 1:50:12 (04:32)
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Tim Ferriss
Summary

Tim Ferriss reflects on the false rumor of him hosting a sex party in Silicon Valley and the lack of fact-checking in non-fiction book publishing.

Episode
#317: Steve Jurvetson — The Midas Touch and Mind-Bending Futures
Podcast
The Tim Ferriss Show
The fallout of false accusations can be devastating.
1:50:12 - 1:55:27 (05:15)
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Venture Capital
Summary

The fallout of false accusations can be devastating. In this episode, a prominent venture capitalist in Silicon Valley shares his experience of being falsely accused of hosting drug-fueled parties attended by tech's elite and how it affected his personal and professional life.

Episode
#317: Steve Jurvetson — The Midas Touch and Mind-Bending Futures
Podcast
The Tim Ferriss Show
In this podcast, Tim Ferriss recounts his experience dealing with the death of his father with advice for others who may be in a similar situation or want to proactively strengthen their relationships with their parents.
1:55:27 - 2:02:41 (07:13)
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Relationships
Summary

In this podcast, Tim Ferriss recounts his experience dealing with the death of his father with advice for others who may be in a similar situation or want to proactively strengthen their relationships with their parents.

Episode
#317: Steve Jurvetson — The Midas Touch and Mind-Bending Futures
Podcast
The Tim Ferriss Show
The ability to approach problems with the curiosity and wonder of a child can lead to creativity and innovation in scientific and engineering fields, according to Peter Diamandis.
2:02:41 - 2:07:54 (05:12)
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Innovation
Summary

The ability to approach problems with the curiosity and wonder of a child can lead to creativity and innovation in scientific and engineering fields, according to Peter Diamandis. He encourages individuals in these fields to embrace the childlike mindset and avoid rigid mental processes.

Episode
#317: Steve Jurvetson — The Midas Touch and Mind-Bending Futures
Podcast
The Tim Ferriss Show
In this podcast, the speaker discusses the possibilities that could be unlocked with autonomous flight, including smaller luggage planes, multiple flights, and more flexibility in routes.
2:07:54 - 2:12:47 (04:53)
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Autonomous Flight
Summary

In this podcast, the speaker discusses the possibilities that could be unlocked with autonomous flight, including smaller luggage planes, multiple flights, and more flexibility in routes.

Episode
#317: Steve Jurvetson — The Midas Touch and Mind-Bending Futures
Podcast
The Tim Ferriss Show
Sam Altman and Rob Rhinehart discuss the future of food including lab-grown meat, competing with established industries and the rise of plant-based meat alternatives.
2:12:48 - 2:21:21 (08:32)
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Future of Food
Summary

Sam Altman and Rob Rhinehart discuss the future of food including lab-grown meat, competing with established industries and the rise of plant-based meat alternatives.

Episode
#317: Steve Jurvetson — The Midas Touch and Mind-Bending Futures
Podcast
The Tim Ferriss Show
The idea of growing meat instead of raising and killing animals is becoming a reality thanks to technological advancements, and has the potential to transform the meat industry worldwide.
2:21:21 - 2:28:55 (07:34)
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Grown meat
Summary

The idea of growing meat instead of raising and killing animals is becoming a reality thanks to technological advancements, and has the potential to transform the meat industry worldwide.

Episode
#317: Steve Jurvetson — The Midas Touch and Mind-Bending Futures
Podcast
The Tim Ferriss Show
In this podcast, Tim Ferriss talks with Elon Musk about how to navigate your career in a rapidly changing technological world.
2:28:55 - 2:37:44 (08:49)
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Career Planning
Summary

In this podcast, Tim Ferriss talks with Elon Musk about how to navigate your career in a rapidly changing technological world. They discuss the importance of pursuing your passions, cultivating a childlike sense of wonder and relying on unique strengths to make a difference in the world.

Episode
#317: Steve Jurvetson — The Midas Touch and Mind-Bending Futures
Podcast
The Tim Ferriss Show
As the internet allows for cross-pollination of ideas like never before, the number of possible pairings grows combinatorially, leading to an explosion of innovation across the planet, especially as the next four billion people come online over the next five years.
2:37:44 - 2:41:41 (03:57)
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Innovation
Summary

As the internet allows for cross-pollination of ideas like never before, the number of possible pairings grows combinatorially, leading to an explosion of innovation across the planet, especially as the next four billion people come online over the next five years.

Episode
#317: Steve Jurvetson — The Midas Touch and Mind-Bending Futures
Podcast
The Tim Ferriss Show
Helix Sleep invites customers to visit their website and complete a simple two to three-minute sleep quiz, to help them design a bespoke mattress to best suit their specific needs.
2:41:41 - 2:47:19 (05:37)
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Helix Sleep and Four Sigmatic
Summary

Helix Sleep invites customers to visit their website and complete a simple two to three-minute sleep quiz, to help them design a bespoke mattress to best suit their specific needs. Four Sigmatic promotes a new product, their Reishi Mushroom Elixir, which helps to calm the body and ease users into sleep.

Episode
#317: Steve Jurvetson — The Midas Touch and Mind-Bending Futures
Podcast
The Tim Ferriss Show
Get 20% off on a special batch at Four Sigmatic, a company that specializes in mushroom-based drinks that can naturally improve your sleep onset and quality.
2:47:19 - 2:48:52 (01:33)
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Four Sigmatic
Summary

Get 20% off on a special batch at Four Sigmatic, a company that specializes in mushroom-based drinks that can naturally improve your sleep onset and quality. Use the code "ferris" at checkout on fourstigmatic.com/ferris.

Episode
#317: Steve Jurvetson — The Midas Touch and Mind-Bending Futures
Podcast
The Tim Ferriss Show