Rolling Fun #8: New LPs, Mark-ups, Giant Guns for Space Cargo, How to Find a Lead Investor, Software for Manufacturing, AI for Ecomm.
Listen now
Description
Links: Join us in Rolling Fun! Hear our other Rolling Fun eps! Rolling Fun GPs: Al Doan - Founder of Creativity Inc., a $100m+ collection of e-commerce brands. Founder of Pretzel. BS from BYU Hawaii, OPM at HBS. Makes one hell of a peach cobbler. (Twitter, LinkedIn) Bo Fishback - Founder of Lightspeed Genomics (acq 2008), Orbis Biosciences (acq 2020), Zaarly (acq 2020). BS in Biomedical Engineering from SMU, MBA at HBS. Once drank a whole gallon of milk in an hour. (Twitter, LinkedIn) Eric Jorgenson - CEO at Scribe Media. Author of Almanack of Naval Ravikant. Has a podcast. Barely graduated from a state school. Received a cease & desist from Craigslist for some frowned-upon marketing techniques. (Twitter, LinkedIn) Topics: (00:00:00) - Intro (00:02:49) - Showing love for new LPs (00:10:25) - Q1 New Investment: Dirac (00:16:23) - Q1 New Investment: Reactiv (00:26:53) - Q1 New Investment: Longshot (00:34:44) - How Founders can find lead investors (00:52:05) - Stell Engineering raised a Seed round!  To support the costs of producing this podcast:  >> Buy a copy of the Navalmanack: www.navalmanack.com/  >> Buy a copy of The Anthology of Balaji: https://balajianthology.com/ >> Sign up for my online course and community about building your Personal Leverage: https://www.ejorgenson.com/leverage  >> Invest in early-stage companies alongside Eric and his partners at Rolling Fun: https://angel.co/v/back/rolling-fun >> Join the free weekly email list at ejorgenson.com/newsletter >> Text the podcast to a friend >> Or at least give the podcast a positive review to help us reach new listeners!  Important quotes from Naval on building wealth and the difference between wealth and money:   How to get rich without getting lucky. - Naval Ravikant   Making money is not a thing you do—it’s a skill you learn. - Naval Ravikant   Seek wealth, not money or status. - Naval Ravikant   Wealth is having assets that earn while you sleep. - Naval Ravikant   Money is how we transfer time and wealth. - Naval Ravikant   Ignore people playing status games. They gain status by attacking people playing wealth creation games.    You’re not going to get rich renting out your time. You must own equity—a piece of a business—to gain your financial freedom. - Naval Ravikant Important quotes from the podcast by Naval on Leverage:   “Give me a lever long enough and a place to stand, and I will move the earth.”  —Archimedes    To get rich, you need leverage. Leverage comes in labor, comes in capital, or it can come through code or media. But most of these, like labor and capital, people have to give to you. For labor, somebody has to follow you. For capital, somebody has to give you money, assets to manage, or machines. - Naval Ravikant   Capital and labor are permissioned leverage. Everyone is chasing capital, but someone has to give it to you. Everyone is trying to lead, but someone has to follow you. - Naval Ravikant   Code and media are permissionless leverage. They’re the leverage behind the newly rich. You can create software and media that works for you while you sleep. - Naval Ravikant   If you can’t code, write books and blogs, record videos and podcasts. - Naval Ravikant   Leverage is a force multiplier for your judgment. - Naval Ravikant   Apply specific knowledge, with leverage, and eventually you will get what you deserve. - Naval Ravikant   Important Quotes from the podcast on Business and Entrepreneurship   There is no skill called “business.” Avoid business magazines and business classes. - Naval Ravikant   You have to work up to the point where you can own equity in a business. You could own equity as a small shareholder where you bought stock. You could also own it as an owner where you started the company. Ownership is really important.     Everybody who really makes money at some point owns a piece of a product, a business, or some IP. That can be through stock options if you work at a tech co
More Episodes
Links: Scribe Media Paul’s website The Pathless Path by Paul Millerd Good Work by Paul Millerd Paul on X Topics: (00:00:00) - Intro (00:03:15) - Introducing Paul, and the early days of the publishing industry. (00:06:48) - The earliest days of publishing, distribution of profit, and printing...
Published 10/29/24
Published 10/29/24
This is a replay of episode 34 of this podcast. Links:  Josh’s Bio - Autogeny.org Where is my flying car? By J. Storrs Hall Little Fuzzy by H. Beam Piper The Martian by Andy Weir Snow Crash by Neal Stephenson Beyond AI by J. Storrs Hall Nanofuture: What’s Next For Nanotechnology by J....
Published 10/02/24