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Earlier quoted context omitted.
I think his story is funnier on this one, and he drops some foreshadowing hints here as to why Trump won, even before Obama's second electoral win: https://www.youtube.com/watch?v=iqUG2_cmZ6I
I'm not going to watch a nearly 3 hour video to find that part. Please tell me the h/m index into the foreshadowing. Thanks.
This looks like a really easy marker that we've topped out on unicorn/big secondary market. When the smart big players start to take their chips off the table you can be sure this thing has peaked.
These types of comments are always hilarious. Really? You think we've topped out on 1bn dollar companies in the year 2017? AI, Self Driving Cars, Improvements to Flying, SPACE!? You honestly think there's nothing left to invest in?
As for the other two categories, only SpaceX is relevant in the spacelaunch world, and I don't think they're going public anytime soon. I don't know of any startups that I would say have a decent chance in commercial aviation.
Earlier quoted context omitted.
Ok, so you're saying there is no substance to "radio on the internet" (I assume that since nothing weird or shady jumped out at me from the wiki article). So by that same token there should be be no substance to "TV on the internet", a la Netflix but I don't think anyone would try and make that case. Regardless of net contribution to the good of society, one deal is one deal. Cuban wouldn't have gotten rich if he did…
Google is a hugely profitable company used by 100s of millions of people. Broadcast.com was an unprofitable sham with around half a million users. It only got bought because it was 1999 and people were acting crazy. It was shut down completely within 3 years. Comparing the two is silly.
tldr - compulsive gambler who won the Twitter lottery vows to quit playing the lottery and move on to making podcasts and buying political influence
Chris Sacca's background story is little known and he talks about it at length with Jason Calacanis. The part about him losing millions while still at university is as shocking as his recovery from the setback is amazing. Check out https://www.youtube.com/watch?v=6VOQnK7O2To
[sploiler] For those who want a TLDR of this story, here it is from his Wikipedia: https://www.wikiwand.com/en/Chris_Sacca > During law school, Sacca used his student loans to start a company which was unsuccessful and used what was left to start trading on the stock market. By leveraging trades for significant amounts (discovering a flaw in the software of online trading brokers)[15] he managed to turn 10–20 thousan…
A very nice write up ruined by very partisan ramblings in the end. There is nothing wrong in believing in liberal cause, but to consider the other side as devil incarnate is a bit disturbing.
I've noticed that my liberal friends have even gravitated toward this leftist propaganda that the other side is made up of bad people. It's part of their core and part of their strategy to divide and conquer. If the other side is made of bad people - then your side will never leave you. In fact they won't even engage in discussion with opposing viewpoints.
Has anyone else noticed that a bunch of people leaving the investing scene/liquidizing in the past year are part of the same circle? Specifically Sacca, Tim Ferriss, and Richard Branson? I'm certain there might be more people.
Well, perhaps. But Sacca is great at it. Ferriss pulled out because he's no good at it. (Easier to be a charlatan in books rather than investing).
Can you elaborate on that? He's spoken about his startup portfolio being a disturbingly high portion of his net worth because it's grown rapidly and is illiquid.
> As a rich white guy, being an activist/loudmouth in the #resistance often means taking up political positions that are against my own apparent self-interest. These oppressive zealots in the White House... > You mean beyond fighting a despotic regime... > I assure you, that’s not going to happen. Nevertheless, I am spending a great deal of time meeting with all of the beautifully spontaneous and decentralized organi…
Different things concern different people.
"As fate would have it, Jay's status appears to be at an all-time high, perfect time to say goodbye." https://genius.com/Jay-z-encore-lyrics
I just started listening to the Startup podcast, which features Chris in the first episode. He seems to be a very intelligent and talented guy while still remaining grounded. I wish him well with his future endeavors. Also, ten minutes after reading the article, I just realized the pun in the name "Lowercase Capital."