
@ShaanVP & @thesamparr discuss business ideas and market trends. Sometimes guests like @MrBeast or @TonyRobbins join them. Part of the @HubSpot Media Network.
San Francisco, California
Joined July 2019
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Solo creators with under 100K followers are pulling $1M+ a year off ai ad revenue alone.
@thesamparr
"I think live commerce is going to be 30%+ of all e-commerce over the next decade. Today it's single-digit percentages. In China, it's already about 40%" - Grant LaFontaine, @Whatnot
Cal AI's co-founder @zach_yadegari was rejected by the Ivy League schools and Stanford, despite a 4.0 GPA and $15M in revenue at the time.
He still doesn't know why.
You can buy a crab off @Whatnot for $34.
The seller has completed 3,300 orders. That's over $100K selling crabs on the internet.
Former Goldman CEO @lloydblankfein passed on SpaceX at $100B because he thought it was overpriced.
Now there's talk of $1.75T.
He also passed on cell phones. Why carry one when there are phone booths everywhere?
His takeaway: "Nobody's great about predicting the future."
@thesamparr
This is why you have a creative block, and @ShaanVP shares two things you can do about it:
"If you wanted to be great, if you wanted to be truly excellent, then you should wear Nike."
Nike is now a $53B market cap on $46B in revenue. Trading at almost 1x revenue, like a struggling DTC brand.
Why the fall? A change in their brand image.
@ShaanVP @thesamparr
This is the one thing that scares most entrepreneurs, according to @FU_joehudson.
@thesamparr @ShaanVP
.@ShaanVP on an OpenAI test that spiraled way further than anyone expected:
1. OpenAI trained an AI to be extremely persistent, basically never give up
2. Spawned thousands of copies, gave them all the same challenge: hack into software and find a hidden "flag" to prove they got in
3. Some found a tool for internet access and used it to build their own messaging system to talk to each other
4. Some couldn't crack their challenge, so they just cheated and found a different way in
5. Worried about getting caught, they tried to figure out how they'd be graded, so they could cover their tracks
6. That led them to break into a real company, Hugging Face, and access actual user login credentials
"They created a security incident with another company. Essentially created a crime, all to pass this test."
