Episode

#164 with Ryan Begelman - BitClout Explained, How To Successfully Angel Invest & A Police Sting?
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1:26:32
Published: Fri Mar 26 2021
Description

Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ --------- --------- Sam Parr (@TheSamParr), Shaan Puri (@ShaanVP) and Ryan Begelman (@RyanBegelman) discuss: (0:30) Shaan and Sam talk about getting blocked on Twitter (6:50) A carbon offset credit card raises millions (9:50) The guys talk about their angel strategies (11:00) Ryan's guide to how he makes investments (17:20) What is BitClout (46:33) Family offices and "entrepreneur-in-residence" (1:03:00) Why angel invest (1:21:40) Shaan is going to run a sting operation? Find Ryan at https://www.ryanbegelman.com/ --------- --------- 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.

Chapters
The speaker shares insights on his investment strategy, having made over 60 investments in 20 years, and opinions on Clubhouse's future, which he believes could be grim.
00:00 - 01:55 (01:55)
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Investment, Clubhouse
Summary

The speaker shares insights on his investment strategy, having made over 60 investments in 20 years, and opinions on Clubhouse's future, which he believes could be grim.

Episode
#164 with Ryan Begelman - BitClout Explained, How To Successfully Angel Invest & A Police Sting?
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My First Million
The speaker discusses the online friction and conflicts between podcasters, media personalities, and journalists, particularly referring to Taylor Lorenz and Andrew Schulz.
01:55 - 04:55 (03:00)
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Online Conflict
Summary

The speaker discusses the online friction and conflicts between podcasters, media personalities, and journalists, particularly referring to Taylor Lorenz and Andrew Schulz.

Episode
#164 with Ryan Begelman - BitClout Explained, How To Successfully Angel Invest & A Police Sting?
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Aspiration, a company that created a carbon offset credit card, has raised 250 million dollars.
04:55 - 08:53 (03:58)
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Sustainability, Technology
Summary

Aspiration, a company that created a carbon offset credit card, has raised 250 million dollars. Meanwhile, Google Trends and reports suggest that Clubhouse's popularity may be decreasing.

Episode
#164 with Ryan Begelman - BitClout Explained, How To Successfully Angel Invest & A Police Sting?
Podcast
My First Million
Carbon card offers rewards to users who are eco-conscious or interested in investing rather than offering travel or cash back rewards.
08:53 - 12:56 (04:03)
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Carbon Card
Summary

Carbon card offers rewards to users who are eco-conscious or interested in investing rather than offering travel or cash back rewards. This innovative approach is aimed at promoting eco-friendly choices and catering to the investment interests of users.

Episode
#164 with Ryan Begelman - BitClout Explained, How To Successfully Angel Invest & A Police Sting?
Podcast
My First Million
The speaker shares his experience with angel and real estate investments, explaining that the ones that perform well are those at the intersection of natural curiosity, networking, and solid fundamentals.
12:56 - 17:38 (04:41)
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Investing
Summary

The speaker shares his experience with angel and real estate investments, explaining that the ones that perform well are those at the intersection of natural curiosity, networking, and solid fundamentals.

Episode
#164 with Ryan Begelman - BitClout Explained, How To Successfully Angel Invest & A Police Sting?
Podcast
My First Million
The speaker explains the process of buying Limited Coins on BitClout and how one's investment can be perceived as owning a part of the company.
17:38 - 22:35 (04:57)
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BitClout
Summary

The speaker explains the process of buying Limited Coins on BitClout and how one's investment can be perceived as owning a part of the company. She also mentions the potential risks involved with investing in this platform.

Episode
#164 with Ryan Begelman - BitClout Explained, How To Successfully Angel Invest & A Police Sting?
Podcast
My First Million
The founder of Summit, Jason Calacanis, discusses the strategy of setting the founder reward to zero in order to buy their own cryptocurrency and bet on themselves, as opposed to discouraging others from buying the coin.
22:36 - 29:34 (06:58)
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Cryptocurrency
Summary

The founder of Summit, Jason Calacanis, discusses the strategy of setting the founder reward to zero in order to buy their own cryptocurrency and bet on themselves, as opposed to discouraging others from buying the coin.

Episode
#164 with Ryan Begelman - BitClout Explained, How To Successfully Angel Invest & A Police Sting?
Podcast
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The speaker discusses investing in creator coins and the potential for a hype cycle if big individuals promote the coins.
29:34 - 33:46 (04:11)
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Creator Coins
Summary

The speaker discusses investing in creator coins and the potential for a hype cycle if big individuals promote the coins. However, popularity does not guarantee an increase in value if people are not interested in buying the coin.

Episode
#164 with Ryan Begelman - BitClout Explained, How To Successfully Angel Invest & A Police Sting?
Podcast
My First Million
The potential of leveraging virality by generating great content and encouraging small payments to like or support the content with a micro amount of coins can increase the overall coin value.
33:46 - 39:17 (05:30)
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Cryptocurrency
Summary

The potential of leveraging virality by generating great content and encouraging small payments to like or support the content with a micro amount of coins can increase the overall coin value.

Episode
#164 with Ryan Begelman - BitClout Explained, How To Successfully Angel Invest & A Police Sting?
Podcast
My First Million
The speaker considers investing in Sampar's coin to profit from its popularity and compares it to making money from one's own ownership of a product or asset.
39:17 - 42:24 (03:06)
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Investing
Summary

The speaker considers investing in Sampar's coin to profit from its popularity and compares it to making money from one's own ownership of a product or asset.

Episode
#164 with Ryan Begelman - BitClout Explained, How To Successfully Angel Invest & A Police Sting?
Podcast
My First Million
A speaker reflects on their angel investments and how they had no idea that some startups like Facebook would become huge billion-dollar companies.
42:24 - 45:16 (02:52)
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Startups
Summary

A speaker reflects on their angel investments and how they had no idea that some startups like Facebook would become huge billion-dollar companies. They mention feeling guilty about requesting time with successful companies like Calm because of their vast popularity.

Episode
#164 with Ryan Begelman - BitClout Explained, How To Successfully Angel Invest & A Police Sting?
Podcast
My First Million
The speaker's friend hired two hedge fund professionals and a senior associate to manage their personal investments, offering them a high percentage of their money and carried interest.
45:17 - 53:44 (08:26)
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Investment strategies
Summary

The speaker's friend hired two hedge fund professionals and a senior associate to manage their personal investments, offering them a high percentage of their money and carried interest. The speaker questions whether this is a sound investment decision or a potential scam.

Episode
#164 with Ryan Begelman - BitClout Explained, How To Successfully Angel Invest & A Police Sting?
Podcast
My First Million
The speaker believes that it is better to let your money grow by series of passive investments.
53:44 - 59:59 (06:14)
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Investing
Summary

The speaker believes that it is better to let your money grow by series of passive investments. He advises that operating businesses that require labor intensive practices such as creating things and putting them online can be put off, in favor of focusing on ventures that interest you without taking too many meetings.

Episode
#164 with Ryan Begelman - BitClout Explained, How To Successfully Angel Invest & A Police Sting?
Podcast
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The speaker discusses how the viral marketing of a product led to bullying and reveals the strategy of a well-prepared influencer who had a team of equity research analysts to sound knowledgeable on different topics on podcasts.
59:58 - 1:06:23 (06:24)
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Marketing
Summary

The speaker discusses how the viral marketing of a product led to bullying and reveals the strategy of a well-prepared influencer who had a team of equity research analysts to sound knowledgeable on different topics on podcasts.

Episode
#164 with Ryan Begelman - BitClout Explained, How To Successfully Angel Invest & A Police Sting?
Podcast
My First Million
Investing can be a vehicle for learning, connecting with interesting people, and going on fun adventures.
1:06:23 - 1:12:02 (05:39)
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Investing
Summary

Investing can be a vehicle for learning, connecting with interesting people, and going on fun adventures. Although, it is important to stay focused on business and not get distracted in order to make profitable investments.

Episode
#164 with Ryan Begelman - BitClout Explained, How To Successfully Angel Invest & A Police Sting?
Podcast
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Investing provides not only learning opportunities, but also allows for release and a way to blow off steam for entrepreneurs, particularly during high-pressure times in their own businesses.
1:12:02 - 1:16:16 (04:13)
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Investing
Summary

Investing provides not only learning opportunities, but also allows for release and a way to blow off steam for entrepreneurs, particularly during high-pressure times in their own businesses.

Episode
#164 with Ryan Begelman - BitClout Explained, How To Successfully Angel Invest & A Police Sting?
Podcast
My First Million
Building up your knowledge, skills, and network can be worth more than simply buying stock in big companies.
1:16:16 - 1:20:58 (04:41)
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Business
Summary

Building up your knowledge, skills, and network can be worth more than simply buying stock in big companies. Investing in yourself through coaching, consulting, and online courses can have a greater impact on the success of your own business in the long run.

Episode
#164 with Ryan Begelman - BitClout Explained, How To Successfully Angel Invest & A Police Sting?
Podcast
My First Million
The speaker discusses the possibility of suing someone for stealing content and advises not to cross any lines.
1:20:58 - 1:24:41 (03:42)
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Dealing with Stolen Content
Summary

The speaker discusses the possibility of suing someone for stealing content and advises not to cross any lines. He also mentions the option of getting a "civil assist" to obtain a BitClout clip.

Episode
#164 with Ryan Begelman - BitClout Explained, How To Successfully Angel Invest & A Police Sting?
Podcast
My First Million
The speaker is torn between personally trying the products and ordering them online from Amazon.
1:24:41 - 1:25:30 (00:49)
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paddle products
Summary

The speaker is torn between personally trying the products and ordering them online from Amazon. They jokingly suggest tasting the products in Miami and ordering from Amazon, with a mention of a specific product to search for.

Episode
#164 with Ryan Begelman - BitClout Explained, How To Successfully Angel Invest & A Police Sting?
Podcast
My First Million