Episode

#148 with Jack Smith - How r/WallStreetBets is Beating Wall Street, Taboola's Billion-dollar Payday, and How Grayscale is Printing Money
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52:16
Published: Wed Jan 27 2021
Description

Shaan Puri (@ShaanVP), Sam Parr (@theSamParr), and Jack Smith (@_jacksmith) discuss: - Balaji Srinivasan on why people will have to hide their real identities in the future - How Silkroad was actually a well-run company while co-workers remained anonymous (American Kingpin) - The crazy story of the founder of Silkroad ordering killings on his co-workers - Taboola's billion-dollar payday - Clubhouse just raised at $1B -- but are its best days behind it? - How Wall Street Bets is beating Wall Street - How Grayscale is printing money with GBTC - Why a VC firm (Andreessen Horowitz) is entering the media game Today's episode is brought to you by FOCUSAID. It’s the #1 and first nootropic drink in America that’s sold over 100m cans. For 30% off your first order, go to DrinkFocusAid.com. Check it out! 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.

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HubSpot CRM offers all the necessary tools to automate tasks, track contacts and deals, and share data with teams to improve customer service and boost sales without breaking the bank.
00:00 - 01:11 (01:11)
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HubSpot CRM
Summary

HubSpot CRM offers all the necessary tools to automate tasks, track contacts and deals, and share data with teams to improve customer service and boost sales without breaking the bank. It is easy to use and free to get started.

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#148 with Jack Smith - How r/WallStreetBets is Beating Wall Street, Taboola's Billion-dollar Payday, and How Grayscale is Printing Money
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Apex Legends
Summary

This podcast discusses the concept of Apex Legends as a digital masquerade party where players can take on alternate personas and analyze the psychology behind online interactions.

Episode
#148 with Jack Smith - How r/WallStreetBets is Beating Wall Street, Taboola's Billion-dollar Payday, and How Grayscale is Printing Money
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The speaker discusses implementing social ID in order for people to comment and Kevin Systrom's negotiating the billion-dollar sale of Instagram via text message.
03:43 - 06:39 (02:56)
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Social Media
Summary

The speaker discusses implementing social ID in order for people to comment and Kevin Systrom's negotiating the billion-dollar sale of Instagram via text message.

Episode
#148 with Jack Smith - How r/WallStreetBets is Beating Wall Street, Taboola's Billion-dollar Payday, and How Grayscale is Printing Money
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06:39 - 10:37 (03:57)
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Future
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In this episode, Joe Rogan talks to Peter Thiel who focuses on the radical and deep future with big shifts, unlike small incremental changes. They discuss topics like progress, politics, education, cryptocurrency, and Elon Musk, among others.

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#148 with Jack Smith - How r/WallStreetBets is Beating Wall Street, Taboola's Billion-dollar Payday, and How Grayscale is Printing Money
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The podcast hosts explore the idea of using ad tech to advertise other games and apps, and discuss the challenges of raising venture capital funding for advertising businesses.
10:37 - 17:30 (06:53)
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Ad Tech
Summary

The podcast hosts explore the idea of using ad tech to advertise other games and apps, and discuss the challenges of raising venture capital funding for advertising businesses.

Episode
#148 with Jack Smith - How r/WallStreetBets is Beating Wall Street, Taboola's Billion-dollar Payday, and How Grayscale is Printing Money
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The Side Hustle Pro podcast, hosted by Nikayla Matthews Okome, is a sponsor for this episode and is available on the HubSpot podcast network.
17:30 - 21:45 (04:15)
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Side Hustle Pro
Summary

The Side Hustle Pro podcast, hosted by Nikayla Matthews Okome, is a sponsor for this episode and is available on the HubSpot podcast network. The podcast features insights on how to build and grow a successful side hustle.

Episode
#148 with Jack Smith - How r/WallStreetBets is Beating Wall Street, Taboola's Billion-dollar Payday, and How Grayscale is Printing Money
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Chris Akhavan discusses the evolution of app monetization and the shift from charging for ads based on the number of views to charging for app installations.
21:45 - 25:05 (03:19)
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App Monetization
Summary

Chris Akhavan discusses the evolution of app monetization and the shift from charging for ads based on the number of views to charging for app installations.

Episode
#148 with Jack Smith - How r/WallStreetBets is Beating Wall Street, Taboola's Billion-dollar Payday, and How Grayscale is Printing Money
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Social Media
Summary

The renders make new friends with semi-strangers on social platforms, which can be done on any product, even if controversial.

Episode
#148 with Jack Smith - How r/WallStreetBets is Beating Wall Street, Taboola's Billion-dollar Payday, and How Grayscale is Printing Money
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The challenge with ephemeral content is that it disappears quickly, meaning that in order for people to keep tuning in, the content has to hook them and hold their attention.
27:40 - 31:24 (03:44)
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Ephemeral Content
Summary

The challenge with ephemeral content is that it disappears quickly, meaning that in order for people to keep tuning in, the content has to hook them and hold their attention. It can also make it difficult to grow virally, as people are less likely to bring in their own friends if they're not immediately hooked.

Episode
#148 with Jack Smith - How r/WallStreetBets is Beating Wall Street, Taboola's Billion-dollar Payday, and How Grayscale is Printing Money
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The risk-versus-reward in tech investments is becoming disproportionate due to the bets placed by investors wanting to hit the jackpot, evidenced by Atrium, amongst other failed investments.
31:25 - 37:10 (05:45)
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Summary

The risk-versus-reward in tech investments is becoming disproportionate due to the bets placed by investors wanting to hit the jackpot, evidenced by Atrium, amongst other failed investments.

Episode
#148 with Jack Smith - How r/WallStreetBets is Beating Wall Street, Taboola's Billion-dollar Payday, and How Grayscale is Printing Money
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The Gamestop stock went up 100% in a day due to individuals on Reddit buying up the options calls that expire on Friday, causing short positions to be covered and professional investors to take notice.
37:10 - 41:02 (03:52)
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Summary

The Gamestop stock went up 100% in a day due to individuals on Reddit buying up the options calls that expire on Friday, causing short positions to be covered and professional investors to take notice.

Episode
#148 with Jack Smith - How r/WallStreetBets is Beating Wall Street, Taboola's Billion-dollar Payday, and How Grayscale is Printing Money
Podcast
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A small group of individuals are potentially making over a billion dollars from simply speculating on Bitcoin due to its recent surge in value, highlighting the lucrative nature of cryptocurrency investment.
41:02 - 46:33 (05:31)
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Summary

A small group of individuals are potentially making over a billion dollars from simply speculating on Bitcoin due to its recent surge in value, highlighting the lucrative nature of cryptocurrency investment.

Episode
#148 with Jack Smith - How r/WallStreetBets is Beating Wall Street, Taboola's Billion-dollar Payday, and How Grayscale is Printing Money
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Bradley Tusk, an early investor in Uber and Airbnb, predicts that disruption startups will continue to be successful, as they have the ability to dictate their own terms and not rely on media to communicate their message.
46:34 - 50:15 (03:41)
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Summary

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Episode
#148 with Jack Smith - How r/WallStreetBets is Beating Wall Street, Taboola's Billion-dollar Payday, and How Grayscale is Printing Money
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This podcast discusses the emerging trend of combining recruiting with venture capital, with companies investing in the businesses they recruit for.
50:15 - 51:09 (00:53)
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Summary

This podcast discusses the emerging trend of combining recruiting with venture capital, with companies investing in the businesses they recruit for. This model flips the traditional recruiting firm business model and offers a unique approach to funding startups.

Episode
#148 with Jack Smith - How r/WallStreetBets is Beating Wall Street, Taboola's Billion-dollar Payday, and How Grayscale is Printing Money
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