Episode
#180 with Furqan Rydhan - What it's Like Co-founding a $20B Company, Hardware for Mind Control & Vertical Farming
1:41:05
Published: Wed May 12 2021
Description
Shaan (@ShaanVP) and Sam (@TheSamParr) are joined by Furqan Rydhan (@FurqanR). Furqan was Shaan's CTO at Bebo and previously co-founded AppLovin -- a $20B+ company that recently went public. Shaan and Furqan host a weekly "Cool Sh!t Hour" between themselves to discuss the coolest innovations Furqan's seeing. We basically took that and made it into a podcast. Furqan talks about mind-control hardware, vertical farming, and a lot of interesting crypto projects. He also talks about what it was like starting a multibillion-dollar company and his mindset around making decisions on what projects to work on. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (5:33) Background on Furqan and his new venture (f.inc) * (7:48) How AppLovin became a $20B+ company * (24:20) The hardware Furqan is bullish on * (35:33) DeFi and borrowing against crypto * (48:38) The opportunities in vertical farming * (59:59) The power of proximity and serendipitous opportunities * (1:13:40) What are DAOs?
Chapters
The HubSpot Podcast Network offers practical tips and inspirational stories on different business areas that are helpful for entrepreneurs, startups, and businesses looking to scale up.
00:00 - 01:52 (01:52)
Summary
The HubSpot Podcast Network offers practical tips and inspirational stories on different business areas that are helpful for entrepreneurs, startups, and businesses looking to scale up.
Episode#180 with Furqan Rydhan - What it's Like Co-founding a $20B Company, Hardware for Mind Control & Vertical Farming
PodcastMy First Million
The podcast features a discussion on career advice and hardware interests from a college dropout.
01:52 - 06:01 (04:09)
Summary
The podcast features a discussion on career advice and hardware interests from a college dropout. The guest shares insights on choosing jobs that weren't the highest paying, what he optimizes for and his interest in a brainwave measuring device.
Episode#180 with Furqan Rydhan - What it's Like Co-founding a $20B Company, Hardware for Mind Control & Vertical Farming
PodcastMy First Million
The episode discusses the stories of incubation and acquisition with anecdotes and experiences around startup companies and acquisitions.
06:01 - 11:23 (05:21)
Summary
The episode discusses the stories of incubation and acquisition with anecdotes and experiences around startup companies and acquisitions.
Episode#180 with Furqan Rydhan - What it's Like Co-founding a $20B Company, Hardware for Mind Control & Vertical Farming
PodcastMy First Million
The delay in decision-making can lead to missed opportunities for a company, even though the outcome might still be positive.
11:23 - 16:46 (05:22)
Summary
The delay in decision-making can lead to missed opportunities for a company, even though the outcome might still be positive.
Episode#180 with Furqan Rydhan - What it's Like Co-founding a $20B Company, Hardware for Mind Control & Vertical Farming
PodcastMy First Million
Despite what is shown in movies, success is not a luxurious experience.
16:46 - 21:45 (04:59)
Summary
Despite what is shown in movies, success is not a luxurious experience. True success requires hard work and dedication, usually involving small projects that may lack confidence.
Episode#180 with Furqan Rydhan - What it's Like Co-founding a $20B Company, Hardware for Mind Control & Vertical Farming
PodcastMy First Million
The trend of commodity hardware is discussed, including simple devices like Raspberry Pi and off-the-shelf gears, even among non-coders, who are fascinated by it.
21:45 - 28:05 (06:20)
Summary
The trend of commodity hardware is discussed, including simple devices like Raspberry Pi and off-the-shelf gears, even among non-coders, who are fascinated by it.
Episode#180 with Furqan Rydhan - What it's Like Co-founding a $20B Company, Hardware for Mind Control & Vertical Farming
PodcastMy First Million
The leader in makerspace devices, with over 100 million sold, has produced a flat screen TV with a sensor that counts your poses and tells you your form; it also functions like an Xbox connect game.
28:05 - 31:15 (03:10)
Summary
The leader in makerspace devices, with over 100 million sold, has produced a flat screen TV with a sensor that counts your poses and tells you your form; it also functions like an Xbox connect game. Developers no longer have to create their own computer board to design small tech products.
Episode#180 with Furqan Rydhan - What it's Like Co-founding a $20B Company, Hardware for Mind Control & Vertical Farming
PodcastMy First Million
One of the exciting features is that it can detect signals from the brain when a person thinks about a certain action, without actually moving a muscle, allowing for non-invasive control of devices.
31:15 - 34:00 (02:44)
Summary
One of the exciting features is that it can detect signals from the brain when a person thinks about a certain action, without actually moving a muscle, allowing for non-invasive control of devices. This is not an ad for a product.
Episode#180 with Furqan Rydhan - What it's Like Co-founding a $20B Company, Hardware for Mind Control & Vertical Farming
PodcastMy First Million
The text contains fragmented sentences and does not provide a coherent message.
34:01 - 37:33 (03:32)
Summary
The text contains fragmented sentences and does not provide a coherent message.
Episode#180 with Furqan Rydhan - What it's Like Co-founding a $20B Company, Hardware for Mind Control & Vertical Farming
PodcastMy First Million
The podcast explores the difference between investing in crypto and using crypto for financial transactions.
37:33 - 43:05 (05:32)
Summary
The podcast explores the difference between investing in crypto and using crypto for financial transactions. While investing is considered as a form of gambling by some, using it as an alternative financial system, like stablecoin, can be a decent option for savings and interest rates.
Episode#180 with Furqan Rydhan - What it's Like Co-founding a $20B Company, Hardware for Mind Control & Vertical Farming
PodcastMy First Million
Discussing the flaws in traditional lending practices and the potential DeFi has to create more secure lending options through the use of contracts.
43:05 - 47:16 (04:10)
Summary
Discussing the flaws in traditional lending practices and the potential DeFi has to create more secure lending options through the use of contracts.
Episode#180 with Furqan Rydhan - What it's Like Co-founding a $20B Company, Hardware for Mind Control & Vertical Farming
PodcastMy First Million
This podcast episode covers automated market makers and cryo tanks, including how they work and their benefits.
47:17 - 52:03 (04:46)
Summary
This podcast episode covers automated market makers and cryo tanks, including how they work and their benefits. They discuss the liquidity of stablecoins, the slip risk, and the impact of liquidity on price, as well as the difference in how your body feels with cryo tanks.
Episode#180 with Furqan Rydhan - What it's Like Co-founding a $20B Company, Hardware for Mind Control & Vertical Farming
PodcastMy First Million
The speaker discusses their interest in a new company and investments, driven by the desire to get involved in plastic fabrication and machine shop.
52:03 - 54:54 (02:50)
Summary
The speaker discusses their interest in a new company and investments, driven by the desire to get involved in plastic fabrication and machine shop. They express excitement to bring in other people and support for the idea.
Episode#180 with Furqan Rydhan - What it's Like Co-founding a $20B Company, Hardware for Mind Control & Vertical Farming
PodcastMy First Million
The popularity of vertical farming has increased in the past few years as a way to bring food production closer to cities.
54:54 - 59:47 (04:53)
Summary
The popularity of vertical farming has increased in the past few years as a way to bring food production closer to cities. By delivering needed nutrients directly to the roots of plants, the taste difference is noticeable from traditional farming methods.
Episode#180 with Furqan Rydhan - What it's Like Co-founding a $20B Company, Hardware for Mind Control & Vertical Farming
PodcastMy First Million
The guest talks about the need to challenge our thinking process, the impact of putting constraints on our creativity, and the importance of breaking frames to change our perspectives on things.
59:47 - 1:03:31 (03:43)
Summary
The guest talks about the need to challenge our thinking process, the impact of putting constraints on our creativity, and the importance of breaking frames to change our perspectives on things.
Episode#180 with Furqan Rydhan - What it's Like Co-founding a $20B Company, Hardware for Mind Control & Vertical Farming
PodcastMy First Million
The Meerkat app pioneered live streaming technology and behavior that would influence later apps like Clubhouse.
1:03:31 - 1:07:43 (04:11)
Summary
The Meerkat app pioneered live streaming technology and behavior that would influence later apps like Clubhouse. Despite its initial perception as a “silly thing,” it provided valuable business and personal experiences for those who worked on it.
Episode#180 with Furqan Rydhan - What it's Like Co-founding a $20B Company, Hardware for Mind Control & Vertical Farming
PodcastMy First Million
The podcast guests discuss their journeys in finding their passion and navigating the business world with the help of a support system.
1:07:43 - 1:12:47 (05:04)
Summary
The podcast guests discuss their journeys in finding their passion and navigating the business world with the help of a support system.
Episode#180 with Furqan Rydhan - What it's Like Co-founding a $20B Company, Hardware for Mind Control & Vertical Farming
PodcastMy First Million
In the crypto world, DAO or decentralized autonomous organizations are partnerships formed on-chain that own code and work towards specific goals.
1:12:47 - 1:22:22 (09:34)
Summary
In the crypto world, DAO or decentralized autonomous organizations are partnerships formed on-chain that own code and work towards specific goals. DAOs can help align the incentives of investors, founders, and the community, making them a popular choice for organizations looking to use technology as a weapon for growth.
Episode#180 with Furqan Rydhan - What it's Like Co-founding a $20B Company, Hardware for Mind Control & Vertical Farming
PodcastMy First Million
Axe protocol is a protocol for creating digital loot boxes, which allows users to put in digital items and add value to it.
1:22:22 - 1:30:50 (08:28)
Summary
Axe protocol is a protocol for creating digital loot boxes, which allows users to put in digital items and add value to it. The podcast discusses the importance of adding value to digital art with Axe Protocol co-creator.
Episode#180 with Furqan Rydhan - What it's Like Co-founding a $20B Company, Hardware for Mind Control & Vertical Farming
PodcastMy First Million
The speaker discusses his decision to take a low salary, move back in with his parents, and take stock in a start-up company called wife frog in order to learn from a technical person and be in it for the ride.
1:30:50 - 1:35:10 (04:19)
Summary
The speaker discusses his decision to take a low salary, move back in with his parents, and take stock in a start-up company called wife frog in order to learn from a technical person and be in it for the ride.
Episode#180 with Furqan Rydhan - What it's Like Co-founding a $20B Company, Hardware for Mind Control & Vertical Farming
PodcastMy First Million
In this podcast snippet, the speaker shares his past struggles as a startup founder and the lengths he went to to make connections in the industry, highlighting the importance of a long-term perspective for success.
1:35:10 - 1:40:03 (04:53)
Summary
In this podcast snippet, the speaker shares his past struggles as a startup founder and the lengths he went to to make connections in the industry, highlighting the importance of a long-term perspective for success.
Episode#180 with Furqan Rydhan - What it's Like Co-founding a $20B Company, Hardware for Mind Control & Vertical Farming
PodcastMy First Million
The speaker praises the guest's success in app development and discusses the growth of the industry.
1:40:03 - 1:40:47 (00:44)
Summary
The speaker praises the guest's success in app development and discusses the growth of the industry. They also talk about the guest's new project, Founders Inc.