Episode of My First Million with Sam Parr and Shaan Puri.

Transcript

Note: This transcript was auto-generated from YouTube captions. It may contain errors and lacks speaker identification. A full Gemini audio transcript will replace this.

Kind: captions Language: en [Music] all right um what’s going on well besides massive technical difficulties nothing i’m good all right recording on one airpod today because we’re having mic problems yeah there’s no you know that’s a man’s last stand when he’s down to his last airpod it’s like remember the alamo is what’s going on right now in my ears i’m out here at marathon ranch my ranch what does this angle here this looks good right that looks good and i really like how much you’re trying to brand this as marathon ranch rather than just be like i’m at my house by my ranch my ranch house i have so if people like this they can go to marathonranch.com it’s not set up now but i’ll do it well uh if you go to marathon ranch it’ll auto direct to the airbnb listing i got my first guest uh they left the other day did you like spruce it up for them and like kind of give them the five-star treatment i didn’t but someone did yeah oh okay all right um do you want to can i get into a story that interests me a ton and i think uh you might know more information about it than is public but um but maybe not okay go for it all right so i gotta give a shout out to haley at rock health i saw this on her twitter so there it’s about this company called you biome which you probably know a little bit about it at a high level because it was in the press for uh kind of being like a theranos type of thing but i actually learned a little bit more information about it and this story is way underplayed so check this out you biome was founded by this woman named jessica rickman and zac opti who the founders and so basically what it was was they measured different parts of your body and to tell you all about your gut and your biome and things like that in other words they basically measured your poop so you poop at home i think you could swab your vagina you could poop and then maybe swab your cheek and then you mail it in and it tells you all about your which one did you choose that’s funny that’s the worst 105 but i still got it so uh so anyway you uh you could swap whatever you wanted and they would you mail it in and it tells you all about your biome which i’m not sure what that tells you but it’s supposed to be really important and so when they kicked things off they did a crown crowd funding campaign they raised three 300 thousand dollars they also were backed by yc which is a big deal and then they raised over 100 million dollars from a bunch of people including andreessen horowitz so tier one investors this woman who started it jessica she’s this young woman in the tech space in the tech uh medical space and she’s under 30 so she wins forbes 30 under 30. you see her all over conferences if you google her name some of the first pictures of course you’re going to see her on the ted stage speaking at conferences whatever but once they get a little bit of pop once they start getting a little bit popular people start saying like you know is this really right and so the first thing is a lot of people are like a lot of people in the uh in the space the experts they say something like you know the way they’re tracking and storing your data it’s like it’s a pretty big deal that we know all about your your gut health there’s a lot of like identifying information there and the way you’re storing that that’s not really good second of all we’ve been trying to crack this whole thing where you can just swab your cheek or your poop or whatever and mail it in and get all these results we’ve been trying to do that and it’s really challenging and i don’t know how you guys are doing it and then about two years after they started i think they started the company in like 2016 16 ish 2015 but 2017’s when they got this press around 2017 this article comes out turns out she completely lied about her age so jessica so if you scroll down sean in the document i have her picture that she actually had in forbes what does what does she look like to you uh i would have said like mid-thirties okay thirty-three four thirty-five something like that in that picture she’s like 42 and so when she won the forbes 30 under 30 she was actually 42 which is which is crazy and so people start once people find out about that they realize that look what else is there a lot what else are they lying about and so turns out that they were billing patients without their consent meaning doctors would order this after you buy them would pressure doctors into ordering these kits and then they would charge the doctor which would pay them three thousand dollars and then they would do like a recurring thing so they kept charging the doctors which then medicare medicaid whatever it is they were one footing the bill and so in 2019 this is where you probably know the story a little bit in 2019 the fbi raided their offices and basically weeks later the whole company shuts down and she goes to court and there’s a 33-page indictment that says the founders uh committed tons of federal crimes including conspiracy to commit securities fraud fraud conspiracy to commit health care fraud and money laundering because by the way at this point they had taken 12 million dollars of shares the two founders off the table so that went straight to their pocket of the hundreds of millions of dollars that they raised and so they go to uh trial they’re guilty so they go to jail right definitely not turns out jessica marries her co-founder who’s a german national he’s a german citizen and they flee to germany and at this point people can’t really find out where they are and because of the way that the law works they it’s not really easy to extradite them back to america and so as of now they basically have gotten away with it you know reputation’s ruined but they’re not going to i think they face up to 95 years in prison they’re they’re and they’ve totally gotten away with it and this story until i saw this tweet i remembered it but it’s totally been downplayed and this woman and her partner are totally they totally have gotten away with it so far yeah they’re at like oktoberfest right now uh having a great time well you know there’s some guy in jail listening to this podcast and he’s like you know there for for 15 years he sold like 1.1 grams of weed and he’s like and he’s like making blind in his toilet exactly god making toilet wine he’s sitting in jail right now serving you know a double life sentence and these guys are at oktoberfest right now after defrauding the public the patients the medical system and then running away from the country right that’s that’s pretty much what happened here it’s a pretty crazy story and i remember when this happened i knew somebody who was working there and then it was or somebody who i think he had worked there and he was like this ain’t right he kind of left really quickly and then i remember because their their offices i think in san francisco and it just got raided and shut down like all in one day and this was like kind of like a hyped startup that was like a yc backed biotech you know gonna save lives type of startup and then all of a sudden poof gone yeah and we didn’t talk about it you know it kind of disappeared for the last two years the pandemic but i was researching it and it’s just pretty amazing and then there’s this other part which is the lawyers who are representing them america is like hey you guys you guys got to come back here and they’re saying she can’t travel because of some unnamed health condition so they like got all these excuses as to why they can’t come back to america and as of now [  ] yeah yeah i think i wonder if you could find that out in her poop as of now like they’re they’re they’re they’ve won wow that’s a that’s kind of amazing you know pretty good timing for them but this whole pandemic thing you know and then there knows there’s just like higher profile frauds that like came out shortly after like the one we were talking about but the crypto like money laundering husband and wife yeah you knew you had met they’re like the just like the flashier version of these guys yeah somehow this happened it’s it’s kind of i i i’ve been going down a rabbit hole of these recently so i watched this documentary on netflix the other day have you seen this it’s called um don’t tell the truth or someone’s telling the truth or trust no no trust no one i think this is called is it like change do you see this on netflix but there’s like one on enron and there’s one on other things or is this just on crypto no no no this is like just their movie you got it so basically this is a crazy story dude check this out great movie by the way if you want to watch the movie you probably want to skip some of this because it’s spoiler but like i’m just gonna say it because i’m not gonna like you know save this movie forever else all right so basically back in like 2013 14 15 this this guy in canada creates a like bitcoin he’s like interested in bitcoin bitcoin was like pretty kind of like green at the time it had it’s like first run-up where it like hit a thousand dollars and stuff like that and this guy creates an exchange in canada he’s like oh it’s really hard to buy cryptocurrency in canada so it creates this exchange called quadriga quadriga cx and so quadriga becomes the largest exchange in canada and there’s this one the guy’s like then pull us pull this guy up on on the screen chair thinks that sam could see it but basically he’s like this blond-haired kind of like just nerdy looking guy and in fact he does these interviews and they’re like are we talking to the next mark zuckerberg and he’s like ha ha well you know i don’t know about that but we do want to make positive impact in the world and um and you know so he’s just a soft-spoken nerdy guy and he’s the founder of this thing and it’s whatever bitcoin keeps growing and and uh in value then like other currencies come out yeah this is the guy yeah dude he looks like butters from south park and he talks like him too according to your impression my impression by the way sounds nothing like the guy that was uh you know i just made one up there so he anyway so all of a sudden one day people go to quadriga.com or whatever this website is gone it’s just like a 404 page oh quadriga must be down is it just me you know it seems like everyone’s having this issue all right is it just down or is it gone the website is gone where is where does the website go where’d the exchange go where is my money and all of a sudden people realize that all of the customer funds are gone 215 million dollars of crypto is like not accounted for and this is before the run-up right now this would be like billions of dollars worth of of that same crypto but at the time this is you know 20 whatever 16 17 18 something like that um your crypto wasn’t as uh you know bitcoin was you know much much lower back then and so everyone’s like what the hell happened then news comes out the founder of quadriga died suddenly on a trip in india and he had the private keys to the crypto and like he died and no one else knew the keys and the crypto is now inaccessible i remember this happened maybe three years ago right and so yeah exactly so people are like what the [  ] and so a bunch of customers are like dude i had ten thousand dollars i had a hundred thousand dollars i had a million dollars there and people are pissed so they get in a telegram group and they’re like oh my god like i hope they’re gonna be able to recover this and that kind of like a day goes by and nothing comes out and like the wife’s estate that is the wife post on facebook like um you know my husband has died suddenly on this trip to india you know unfortunately like we lost the keys and it’s like jennifer robertson the the executor of the estate or something like that that was his wife that’s how she signed it and people were like that’s really weird message like he died a month ago and they just posted this now and like where the [  ] the money and like really this this like the number one exchange in canada it was just one guy had all the private keys like that seems so weird and um so they start to say like how do we know he’s dead how did we know he didn’t just pull off what’s called an exit scam encryption roll up that body yeah exactly and so literally that’s what they do so they get in a telegram group together all these customers they start basically crowd sourcing the investigation first they report to the authorities authorities do nothing they’re just like hey you know we can’t really yeah cryptocurrency has all kinds of risks where was he buried so he’s and he dies in india and they basically they do come back and have a funeral here and they’re like what’s the they’re so they’re like hey was anybody at the funeral blah blah then they like they get in touch with like what the wife’s like sister they’re like was the funeral uh was the casket open or closed they’re like closed casket and they’re like ah and then like so that people just start getting like in what what was he what did he die from uh he died from crohn’s disease they were like oh he a sudden uh gastro you know complication uh from somebody with crohn’s disease and people like dude i’m looking this up you don’t die of crohn’s disease like it’s very very rare to just suddenly die did they call the hospital where he went to so then so they’re contacting the local journalists they send somebody out to india they go find this it’s like a needle in a haystack like oh is there a white man who had like diarrhea in india it’s like yeah all white people in india have diarrhea dude like you know how you’re gonna find this guy everyone gets number three when they go there exactly it’s gotta die to number three they but they eventually find the doctor they go to the doctor and they’re like hey do you we heard there’s a there’s a death certificate for somebody who who died here but like there’s a so they’re like there is a death certificate okay so we think he died then people like you you can fake death certificates like you can pay there’s a black market for death certificates and so they’re like talking about that then they’re like all right they go find the doctor they ask the doctor the doctor’s like yes i remember it guy came in was having like you know upset stomach we kept a mirror overnight for fluids and then he suddenly like had a heart attack and died like kind of like he you know he suddenly got much worse and he died and they were like okay was there an autopsy he’s like no there was no autopsy done very that’s weird why was there no autopsy done and like so there’s there’s still like a question mark but you know the journalist comes back says it look does there’s no reason to believe that he’s not dead uh like you know this is what happened and so there’s there’s rumors that he went and got plastic surgery changed his face and he’s living somewhere in the bermuda triangle somewhere there’s some random rumors like that and there’s like all these people trying to like crowdsource this and they’re like wait a minute the wife like the wife got like 12 million dollars of real estate they start looking into the wife and they’re like how come her name is what it is like how come she doesn’t have his last name how come there’s no record of her name before this oh she changed her name recently she’s changed her name three times in the last year why did she go from you know whatever aaron griffith to aaron jacobs to aaron robertson like that doesn’t make sense and like then they find that like the ex-husband somebody with the same last name griffith or whatever like died also of mysterious causes in canada and they’re like oh did you poison him and they’re like what’s going on and so nobody knows what actually went down but this and then there’s like but because it’s crypto it’s all on all the transactions of the blockchain sorry so the whole time i’m watching this movie i’m like wait a minute but like if the guy’s alive and he tried to steal the money you’ll see the money moving if the money’s moving somebody has the keys and like what ended up happening was actually that the guy oh there’s even more to the story so they go look into this guy they’re like all right who is this guy and they find like an er like you know the same way the silk road guy got caught they find an early record or mention of the name um on this like black hat hacker forum so they go to this black hat forum which is where hackers hang out black hat means you sort of do the like the white hat which is like you find bugs you tell the company there’s gray hat which is like you find an exploit you kind of use it but it’s not illegal and black hat’s like straight up illegal and they find this guy under this uh name like scepter or something like that on this black hat forum and he had been running multiple scams and they linked this founder that that guy i showed you butters they show they linked him to this guy scepter because he has the same name like they found his his email address in the forum and his official name because he had like ordered some product to put in his name and address and it was like his actual full name and that and so they like figured out that he is scepter he had he was a he was a scammer and then they find one key thing which is that some the the the blockchain forensics guy basically he’s like oh you know like these cases you sort of hit a dead end and it can be like that for years but then there’s one bit of information that comes out that just cracks the case he’s like that’s what happened we got one bit of information about this scepter guy that went and cracked the case because then we found a user on the network called scepter we noticed that he basically what was happening was a customer would come to cardigan they would buy bitcoin and he was just in the database send them bitcoin like send them quote-unquote bitcoin into their account but there was no actual bitcoin he was just like funding that account with a a fake amount of bitcoin that wasn’t actually on the bitcoin blockchain and he would just take their money he would go go to other exchanges and actually buy bitcoin with it and like he said he was funneling money himself so the whole time these users thought they had crypto in their account but they never did so where’s the money now every crypto person’s worst nightmare well so so that’s what i’m saying is like it wasn’t that the site went down and they lost the keys to this one wallet that had 200 million in it is that it was actually there the whole time it was never there there was no wallet there there was no there were never if you could always track it so where is it now so that money every time a customer imagine basically it wasn’t ever one bit of money it’s like every time a customer bought he would go make a small transaction on one of ten exchanges and you don’t know who’s who’s doing that because it’s all under different account name stuff like that so basically he like laundered the money very effectively during that so all that money is gone and so is this crazy movie what do you think happened is he alive or did the wife kill him oh well the other crazy part is back in that black hat forum he had um he had partnered up with her he had reached out to this other guy michael patron and michael patron uh was another guy on the black platform another scammer and they had built they had launched they had co-founded it together actually quadriga and then they got in a big disagreement and then michael patron left after you know some number of years um and then it was just this this dude doing it so one theory is that that guy that guy killed him uh another theory is the other wife killed him in others he killed himself because he thought he was gonna get caught another is that he’s alive nobody knows which of those it is what do you think i believe uh i think the guy’s alive based on the like the like the like the movie basically took the indian doctor’s word as like i remember this guy coming in yup he had complications he died we did no autopsy and i remember it all you know like i feel like they vastly underestimated the amount of corruption you can get in india for like ten dollars and so um so you know i i think this guy is probably just for the people listening for the people listening sean’s indian right yeah exactly uh so dude if you’re is there if you’re if you fake your own death let’s you fake your own death and you have a billion dollars as low as 150 million dollars however much was stolen as high as a billion dollars what’s even the point of having that money if you’re fake dead like how do you ball out and like how do you live what’s the point of it and what did his mom and dad say most importantly how how ashamed are your parents well like did they were they devastated they didn’t talk to mom dad they talked to the wife’s sister uh and she was like you know she’s like we now look like huge liars because at first we were like she had nothing to do with this um and he was a good guy he was so sweet he was so romantic like you know he’s not capable of like crime like if he died he died like you guys are horrible conspiracy theorists and then it like came out that no he clearly scammed and then it’s like well we were wrong about the first part saying he didn’t scam so now nobody believes us that a she wasn’t in on it or b that he’s not like that he’s dead so we kind of lost our credit but we look like liars now just because we didn’t really know here’s what i’ve learned here’s what i’ve learned studying conspiracy theories and watching like every episode of dateline ever which is people tend to be very bad at keeping secrets and so if there’s more that a couple people who are involved in this it typically comes out even if it’s a long time things come out um and so that whenever i hear these i’m like it could just be the simplest thing is that he did in fact die it’s really hard to keep that secret to keep that secret would be so challenging yeah i i’m kind of with you like i think maybe it’s possible he did suddenly die or he got killed uh you know like one of those two or committed suicide yeah those are all possible but man dude just ima like can you even put yourself in the mind of to to execute on this elaborate scheme like you’re literally just duping like millions of customers simultaneously sitting in your room on your laptop just straight stealing from everybody like it’s just a crazy level of like you know like a sociopath to be able to do something like that it’s really wild to me have you read about bernie madoff at all uh no so basically he um i can’t think of a good analogy right now but basically yeah he ran a ponzi was a i think it was like 56 billion dollars but you and i were both too young to probably watching the news when it happened i think i was in high school or grade school i don’t remember but um anyway he it was like a 58 billion dollar ponzi scheme and he had been running it for 40 years and the equivalent of it i think it’d almost be like um you know jamie dimon at um uh morgan stanley jacob morgan or whatever jp morgan like a figurehead like that because at at one point when even when he got arrested i believe bernie madoff was the chairman of either the nasdaq or maybe he was chairman of the sec like uh like he was the chairman who and it was his job to make sure that fraud didn’t exist and when he got busted it was this massive ring this or this massive fraud of like 58 billion dollars i think i think i think it was in the 50s of billions of dollars so just massive and he’d been doing this for 40 years it’s and and they’re like why did you keep going he’s like once i was in i just couldn’t back out i was in so dude i guess i have another one a more modern day a current one of these that’s unraveling as we speak did i okay so did i talk about this this video of the of the ceo of fast i think i did way back in the day on the pod did i talk about this video people were tweeting at us saying we called it and i don’t remember what we what we talked about with fast but basically fast.com it’s a quick checkout so basically if you go to a website i don’t even know what websites like honest company or something and you want to buy diapers it’s like a universal checkout button basically which is what paypal is yeah it saves your information and so you can go to another website and do this right so we uh we are the founder of bolt come on here i invest in bolt bolt does the same thing but like with a lot of actual users and revenue fast basically like i don’t know uh this was maybe two years ago that this was happening maybe three years ago where all of a sudden on twitter there was this new company fast it had the domain i think i had the domain fast.com i think it has fast.com but it definitely had the twitter handle fast yeah and all of a sudden there was this guy dom you would see this guy d-o-m-m dom and it was like i’m the ceo fast before this i grew my business to 50 million um now i’m doing now i’m you know working on fast and then basically they were just like this twitter [  ] hype machine it’s like this girl joined as the ceo and she looked cool and she was had a background at uber or something like that and she was the new ceo of fast and fast would talk about how how fast their checkout was right and how big of a problem this was and they were talking about like you know they’re um they would you know they were making swag and they were like basically raising money and they were you know he could just tweet out at one point he like sponsored like a sea doo race team or something like that like there was like a press event where he was on a sea-doo with like a professional sea-doo guy doing that yeah we need to literally put that in this episode so ben can you google this uh uh i i know how i’m gonna get you a link real quick but it was like a guy doing flips on a fast sidoo the greatest promo ever word you’re saying by the way i’ve never heard that like uh it’s like kleenex it’s the brand but a lot of uh okay so so ben go go to this link and we’re gonna we need to watch this video together in a second here but let me just set up the rest of the context so fast goes and fast starts raising money um and they raised let me just pull it up closer stripe they raised from big from shopify as well i might be wrong on that but they raised um yeah so they raised from stripe uh early on i think they raised this says christmas says almost oh of over a hundred million dollars all right so they raised 100 million dollars series b they had a 20 million dollar series a and so this was you know fast was like a darling in fact i met this guy from india this indian uh engineer and he goes he had worked at like i don’t know stripe and now he was working at fast and i was like oh like you want to you want to be an entrepreneur someday he’s like yeah i’m just right right now i’m just like i’m just collecting i’m just collecting my stamps on my passport he goes in india he’s like in india if they see that you worked at stripe and you worked it fast and you worked it like name one up pinterest one other like one name company that they’ve heard of like oh you’re you must be like super smart that’s harvard iit that’s like a pedigree right there and so he was collecting his fast stamp at the time and i remember asking i was like i was like so is it legit um because like they’d raised over you know nearly 200 million dollars and i was like you know is it like awesome like is it growing really fast are there users i don’t know anyone who uses it and he’s like no there’s no users yet and the ceo the red flag number you know i’d say red flag number two was probably like they he the ceo kept tweeting out these like tech like a screenshot of a technical scale test that they were doing was like we could handle you know 400 billion payments per you know you know per second right now it’s like we can handle this many transactions we got to go back to the lab though and keep scaling up getting ready for the big fast launch and i remember thinking wow there’s this problem in silicon valley called premature optimization where you’re prematurely you’re planning for scale when you don’t have any skill yet instead of just like going and getting customers who actually want your product to start using you and giving you feedback you’re planning for this like fantasy world where everybody uses your product and you can handle the scale we’re just going to call it we’re just going to call him dom pre-jack from now on exactly so so so me and me and fer we were looking at this we’re like this is weird that he’s pre-jacket over there he’s like we were just like i don’t know we just kind of shrugged our shoulders at the beginning like when it first came out i was like well honestly the idea is a good idea like a single universal one-click checkout will help the whole world of e-commerce like go forward you know it makes the customer’s life more convenient it makes websites make more money like the idea makes sense which is why shopify has shop pay and that’s why you know bolt is worth billions of dollars now like the idea is a good idea and fast is a great brand name and it seemed like that on paper this guy was great because he was super high energy he was building the brand and he was uh he said his last company was like he had something in his bio about 50 million so anyways it all started to unwind more recently when two things happen the first is people discovered that this guy dom who had branded himself as dom there was a reason he branded himself as dom because if you used his full name dominic holland if you just googled that you would find all kinds of articles about his previous company which basically was the same thing it was a hype machine in australia and ended up losing a bunch of money overnight getting sued and then he kind of like ran away from the scene of the crime in a way like and like not necessarily left australia and he didn’t pay people back and uh yeah it was it was i think it was a gray hat for sure potentially even illegal [  ] yeah there’s like a 15 million dollar dispute the government was like hey we’re owed something blah blah and the same thing had a great domain toe.co and so it’s like this guy’s like you know good on the branding and the hype side saying we he came out saying we’re uber for for basically like towing and so he had the story he had his brand toe.co and then you know they basically left with a 50 million legal dispute between him and the state government over who’s supposed to pay for you know something that’s going on right so the company goes under so and so you know his his story was like oh i built a successful company and i remember because i tried to get him on the podcast i dm them and i go hey what you’re doing fast seems interesting i’d love to you know talk about investing and then you know maybe have you on the pod but can we do a call i just want to like understand your story it was like kind of hard to get a hold of him that he like we did a 10 minute phone call and by the end of it i was sort of like i don’t know like this guy’s kind of like he’s a little bit fuzzy with the detail so i was a little bit on the fence and then he and he kind of sensed my hesitation then he dmed me right afterwards he goes you know what i think we’re not ready for press just yet and like which was ironic right because he’s pumping it on twitter so like i think he saw that i was kind of like this seems like kind of [  ] but like okay yeah um that’s the only alarm was ringing so anyways they the news just came out about you know a about this guy’s background um and then the second thing was that fast is like very very small so fast has i think a lifetime of 600 000 in revenue is that right like with 300 employees more 500 employees and six hundred thousand dollars in revenue that’s crazy i had an interaction with them at when i was running the hustle like a year and a half ago i think it was i either me or someone on my team i don’t remember if it was me that wrote it someone wrote this ad where it was like a video ad and it it showed um it was like a magician you know how they do the tricks where cards are coming out of their mouth i think he was doing it with money coming out of his mouth or something like that and i get a dm from someone and being like hey fast ripped you off they took the ad that we wrote and made and they copied it shot for shot word for word and i tweeted out that video and i was and i tagged dom and his co-founder i forget her name and i was like hey you guys just totally ripped us off and dom replied with just like a smiley face and then the other co-founder was like hey sorry about that sometimes and then she named a person on their team i forget sometimes blank gets a little bit too carried away with the inspiration and i was like oh you’re just gonna [  ] call out this guy that who works for you and then she dm to me and was like like i’m not gonna ask you to take it down but um you know maybe if you let them know if you could just tweet out saying that you you you know we deleted our ad or something like that and uh i had a run-in with them and i did not like that dom uh like like objectively he has a super punchable face objectively we’re just talking objectively here objectively like if if 9 out of 10 doctors recommend uh you know something 9 out of 10 people recommend that they he he has a punchable face let’s watch this video to confirm uh then play this video and kind of pause after the ridiculous bit so my my buddy matt uh sent this to me and he goes this is before this news came out about the like no revenue struggling to raise money maybe gonna have a fire sale and he’s like uh dude is this company serious like you i remember you just talking about them but like what the hell and he sent me this obscure video from the tampa bay journal because they moved to tampa which first of all everybody’s moving to miami right now that’s like the big move tampa they moved to tampa is that that’s the stock it’s like the socks and sandals capital of the world dude people love your socks and sandals joke recently that’s where we’re going to host a legacy conf by the way the funny part is i do wear slice of sandals in fact i love it all right keep going all right it’s a little too choppy here that’s all right pause it for a second getting out of the car he crawled out of the window like a fetus leaving the womb he okay so the mayor or somebody’s like fast is on a rocket ship trajectory and uh what is this by the way is this a race like a pickup truck it’s a it’s a i think they call it stock trucks basically it’s a nascar basically okay so some car revving attention that has fast dot co all over it uh comes up does a donut and then the ceo crawls out the window and does a light jog to the podium all right play it [Applause] oh my god some guy puts a peach blazer on him no this guy his job it’s like yo yo peach me peach me and he peached him with a peach blazer and then you know the paid crowd of people like 10 people all wearing fast t-shirts yeah these these must be ordinary citizens excited right making the world better one check out a time so much jim thank you for everyone for coming truly thank you to parker my uber driver parker kliegerman he also moonlights as one of the fastest nascar racers oh my god suck some sandals so fast forward a little bit get to the jet ski part basically he goes up there he gives this speech you know the city of tampa gives a speech oh my god and then there’s a stunt man on a jet ski that says fast on it just going in circles in the tampa bay nice flip i gotta give them that um so so this event happens and this is just another thing where it’s like the more parades you throw before you have customers like the bigger red flag you’re throwing up into the universe and so you know i this is ridiculous uh this thing’s about to blow uh the news has already started to leak we called it you know many months ago when we talked about this and uh you it looks like it’s going down soon yeah this this had red flags all over it man it’s it is pretty ridiculous this is crazy uh what what is it what’s he saying now is he has he said anything or one of the employees saying anything there’s nothing on twitter about it from from him that i saw so you know it’s kind of uh yeah his last tweet was like oh they don’t like this here’s this new customer that launched with us that’s crazy i’m so excited to see how this ends man it is we talked about this i talked about this before so i’ve angel invested in over 50 companies you’ve done i imagine that or more and um it’s easy to lie to people and i talked about about this with you i was like hey have you been lied to and i think you said maybe once so far i’ve not been lied to it is so easy to lie and it’s so easy right i thought you said there was one yeah i thought there was one person here like i think they’re lying i don’t remember that but uh maybe yeah our point which is that like silicon valley does very little diligence at the early stages and even at the later stages there’s a lot of like dude it’s a hot deal other big names are in we’re not doing uh you know basically they’re like tight timelines minimal data sharing you’re either in or you’re out and you sort of bet blind and during bull markets everybody just you know like it is common practice for people to uh to invest in stuff without doing a ton of diligence and during the you know bear markets when when the leverage swings over to the side of investors they’re able to ask more questions which dig in more and have more time i’m not entirely hating on by the way because i think you got to take the go with the bad so the good or the bad with the good what are the phrases the the good is that like someone comes to an investor and they’d be like hey i have a track record of doing some interesting things i don’t even have a product yet but my vision is is this and the good is like there’s people like me and you and other people who are way bigger than us who are like oh you know screw it like you gotta you gotta take a shot try it that’s good and uh they’ll say look i don’t have anything here but let’s try it so i understand that but then the bad of it is you get [  ] like this yeah exactly and honestly like if at the time when i was reaching out to this guy being like hey come on the pond and i want to invest and all that stuff because because again it really is a good idea it’s not that this is a bad idea and you know at that time there was no traction so there’s not nothing due diligence it’s like it’s pre-launch so of course they have no customers of course they have no revenue they just launched and he pre-jacked all over the place and now it’s uh it’s much further along and now you know sort of you see that the emperor has no clothes and so um you know but but i would say like it is very common practice for this type of stuff to happen and i think you know the well i don’t think i don’t think it’s common though it’s not common that people lie like that or are full of [  ] i think i think it’s common that some people exaggerate but in general i think the system actually works but yeah sorry that what i meant was it’s common that you invest without having to go diligence every claim that the company makes and audit all their financials and audit their customer base and go do you know reference checks and you don’t do all that for the sake of moving fast and in the in the aggregate it totally works but then a few times you’re going to get egg on your face that’s just the cost of doing business it’s just the same way that you know one percent of all credit card transactions are fraud that doesn’t mean credit cards are bad it just means you have to bake that into your model that you’re gonna have some issues like this and then in general there’s like there’s the line there’s the gray hat of like sort of fake it till you make it you know you’re forecasting optimistically versus actually misrepresenting something would you invest someone would you invest had you known that this guy did what he did in australia so let’s say someone’s being charged with like fraud or something that is you know related to fraud would you invest in someone uh if they had that usually not but it depends on the situation like sometimes if you know somebody’s being sued you got to take that a little lightly because uh people can get sued for anything it doesn’t necessarily mean i mean what happened you sort of have to look into this to the claims but yeah it’s not like a deal breaker in that sense of like if somebody has some bad press about them i don’t necessarily like view that as an absolute no but i have to like come clear with it you know come to terms with it and i think i’ve told the story before about somebody who invested in hq trivia and at the time i was like yeah i heard the founders are like kind of uh you know like there was some suspect stuff they were like they had really gotten in trouble at twitter for like berating employees and stuff like that like they got fired like there was some kind of weird claims and they’re like yeah we looked into it we didn’t find anything that was like you know scared us away and in fact the fact that it scared other vcs away just makes us even more bullish right like there’s a there’s an honor in silicon valley of being a contrarian which is like you know being founder friendly and these things can get you in trouble sometimes the people the people who funded that they called themselves contrarian it was uh founders fund or some people related to that and they they own a conference called like contrarian conference but you want to know the thing it’s called but yeah it is i think that’s what it’s called the thing about contrarians is they’re wrong most of the time right so uh yeah i’m not surprised on that one um well where do we go from here um okay do you have time listen two more topics all right i want to get your quick take on something i’m going to call this segment genius or idiot i want you to give me a call is this more genius or more idiot so by the way i’ve gotten as the co-founder before we get to genius i’ve gotten a fair bit of feedback on your drunk ideas the very long distance girlfriend fan favorite and the big ass bed oh dude by the way somebody somebody reached out about the long distance girlfriend very long right very long distance they were like don’t share this don’t share this oh yeah sorry very long discord they said don’t share this on the pod but we we do this idea and they showed us the numbers and the numbers are super impressive so that idea like legit is working on the i wish we could talk about it but they asked us not to all right genius or not um all right so alex lieberman who’s the co-founder and ceo maybe of morning brew um no chairman is that not right chairman uh of morningbrew came out and said uh he’s looking at buying mini golf courses so he’s like you know i’m interested in buying and acquiring uh putt-putt golf businesses and he kind of had a couple of reasons why i think he was like you know um these are like recession resistance like people need entertainment that’s cheap and fun um you know these are like you know cash flowing businesses and you know probably not a ton of competition so the prices are probably reasonable and there’s like a real estate play baked in those are his kind of like reasons uh roughly if i was gonna gonna articulate them for him and he said he lost his reaction he said that he loves putt-putt that’s what he said like the man loves to putt yeah so um first reaction genius or idiot which way are you going alex is a great guy i he’s very smart and i like him a lot uh he’s actually we become friends this is not his best idea in my opinion no i don’t i don’t think this is a good idea you’re being very very gentle but so here’s why so all right i’m an internet person i made uh some money on the internet now i’m currently at an airbnb where i i’m getting into the airbnb business and what i’m learning is that it is things like airbnbs and some other businesses where they like you spit off 10 or 30 if you’re really lucky a year in cash flow those are awesome but they’re only they’re more like just growing your wealth quicker not necessarily creating wealth or at least it’s a little bit more rare and what i’m learning is like i was out here and i just looked at my shopify thing and my copy of that thing just made five grand today and it’s it’ll do a hundred grand a month maybe and i’m like okay well a good month at my airbnb will be like twenty or thirty thousand dollars a month and i had to spend over a million dollars i had to spend close to two million dollars to buy it like it’s like if i had to manage a course i think it’s tough so my friend cody my good friend cody she does does all this stuff cody sanchez and in my head i’m like i just do not want to manage all these people i think it’s a [  ] nightmare it’s incredibly challenging and if you’re alex lieberman you’re very you’re that means you’re you’re world class one of the best in the country at creating newsletter businesses i would stick to that maybe or something related to that so i’m uh so you’re going 88 i’m going genius with a caveat the genius move is he already got all the value he’s going to get out of this tweeting that out was the genius move because it makes him sound interesting it’s something kind of fun he seems more basic just by tweeting it out he’s a more interesting guy than just the newsletter guy i agree with he comes across as kind of like fun and rich because that’s who goes out and acquires putt-putt golf courses somebody who’s fun and rich and uh he has currently no more work to do besides typing the tweet out and so if he stops here it’s genius if he crosses over and buys his first pup golf course he has crossed the line indeed no i have a fine line between genius and individual he needs to take a picture of him touring it dude when i launched when i like just said i was doing airbnb and i said here’s the property i’m about to close on that tweet got read by two million people or two million impressions and he does need to milk it a little more so he needs to like he needs to go to go to a few then he needs to tweet out the economics of how a public golf business works so he’ll learn himself he should share that out just pour that out then he should uh you know like maybe like take a picture of him signing a piece of paper and be like we’ll see new adventure yeah new adventure new adventure new chapter and then uh you know but like you know he’s signing whatever the waiver and then he just gives the owner two thousand dollars for like a uh five percent share and he says he owns block by course yeah in his hometown he needs to do that in his hometown and then all of his buddies you need to be like hey i bought a piece of uh let’s go to alex’s i’m an owner i’m an owner and alex is putt and yeah in majestic putt we’re thinking about changing it to alex’s majestic putt but like for now i just want to keep that they’re like you guys we gotta go do the back nine at alex’s you guys want to go are you coming with i have the keys we can go tonight yeah i know the owner if you want at night we can go yes that’s the true genius move what’s the next one all right so uh the next one here elon buys nine percent of twitter shares i don’t know if you saw that this morning genius already oh he’s going baller he broke the scale he’s going balls i’m not even a i’m not even an elon fan i i don’t like him for i i think some of his like jokes about like 4 20 69 and telling a politician their head looks like a penis i think that’s i’m not on board with that i think that’s silly i’ve also because a it’s not even funny and b when you’re have like people’s pensions invested in your company and you’re like doing dumb [  ] like saying funding secured at 420 not a fan of that but this move is awesome i think what’s the point having it if you don’t flex you know there’s no point in having few money if you don’t say a few once in a while i think this is an awesome move i uh he’s now the largest shareholder so we spent three billion dollars is that right two or three billion dollars yeah something like that maybe not yeah yeah nothing for him and he bought into twitter the stock is up 30 or 20 today so he’s already made a little bit a lot he’s made a lot of it and i think it’s amazing i think that he’s all about this free speech guy i actually think this is an amazing move i’m very excited for it what do you think i think twitter’s been undervalued by the way i think it’s genius as well i agree with everything you just said first of all i also think that elon’s kind of cheesy and cringy um when it comes to like personality and i think he’s obviously absolutely dope when it comes to his business and like you know you know like changing the world stuff so you know yeah i think his his sort of 420 joke and like you know 69 jokes that’s sort of like it’s kind of like if a normal person said that they would not be funny yeah so it’s only funny because you’re you’re rich and you’re in business so it’s not like being like a hot podcaster you’re right you’re not actually hot you’re a hot podcaster so it’s kind of like that sounds like a conversation you just had it with someone did someone but you you acted like like well sean like yeah you’re a good-looking podcaster yeah you’ve got a great voice you’re one of the best looking podcasters that’s like okay you’ve got an amazing hair for a tech person i’m the smartest person at creighton barrel so basically uh yeah i think he’s changing some of those ways but i think there’s a baller move this is sort of like when bezos bought like the washington post or whatever and like you know whoever benny off brought time magazine and why it’s even better now than it was who really wants to own an actual physical newspaper like this is actually better like just by twitter twitter is the newspaper of the world and so just buying like a big chunk of twitter and being able to like you know go swing you know yeah you know go flex and that way i think that’s a i think that’s a good move and i think actually like twitter could use um you know some change and you know people always try to build alternatives like trump tried to build a truth social as like an alternative to twitter crash the other day but the stock did yeah but but a better move is just to buy twitter and like you know if if your ultra rich buy twitter institute the changes you want there because all the people are already on it right how much how much stock do you have to own in order to have your opinion be heard if you own 10 i think there’s like some legal stuff around 10 right i don’t know exactly what it is but i think there’s like it depends how much it’s like he owns x percent of the float but i think it’s you need to own the voting shares which is like you may not own the same percent of voting shares as you do total shares and the second thing is i think basically what you do is you become sort of an activist investor which basically says you get on the board or you you sort of lobbied the board to make a ceo change and the ceo needs the ceo that gets installed is a ceo that kind of carries out the agenda that you have in mind otherwise they’re also going to get fired by the by the activist investors so so you know i think that’s the the general idea i don’t think he’s going to play it exactly like that i think he’s just going to be very vocal about what he what he thinks they should do which is a lot around fixing freedom of speech and like the algorithm being either open sourced or choose your own algorithm so that you’re not you don’t have to listen to twitter’s filter you can choose your own filter or you can know how the filter works at the very minimum dude i’m on board with this i think this is great so i think that’s what he’s trying to do on board genius and by the way i think this is the only other stock he owns so i think before i’ve heard him on an interview say that he owns only tesla spacex bitcoin and ethereum and now this is this would be the only other stock he directly owns if uh if he was not bullshitting that first time that’s crazy what a crazy person oh okay i have another um sort of genius or idiot thing did you see that logan paul was at wrestlemania genius i did and i watched it it was awesome and it’s actually not a part of genius or idiot this is actually a part of like a different question is logan paul the greatest athlete of our generation did you see this video so he looked great he looked so good he looked amazing so so he did three suplexes in a row i haven’t watched wrestling since like 20 years wrestling is back wrestling is like booming but wrestling is [  ] back dude is back in a huge way and i think there’s a lot of opportunities around the fact that wrestling is back and but the whole world has changed it’s like wrestling is back but the entire world and the way it works has changed and so that to me says there’s a lot of opportunity because like you have crazy fandom and passion but like all new like tools at your disposal for like how you could like harness that energy so they did wrestlemania yesterday and whatever i saw a bunch of clips you know stone cold steve austin came back and drank a bunch of beers uh pat mcafee was also a podcaster somehow was like a key person in the thing i don’t know why somebody can explain that to me but logan paul did a match and ben if you pull up the clip of logan paul in this wrestling match unbelievable athlete absolutely unbelievable yeah it was amazing and he did all the acting and stuff he didn’t he killed it yeah dude they killed it i thought that was really good by the way not easy to do what he was doing what’s it called it’s not the wwf wwe i think they uh that’s a publicly traded company yeah and so you could like and you can buy it by their stock and it’s a killer business it it they crush it yeah i mean vince mcmahon is kind of an unbelievable story in and of itself but incredible athlete and a great crossover move the paul brothers continue to just not miss so i think you know i like logan paul i think his podcast now one of the most popular podcasts in the world and more importantly than like oh the paul brothers did something and i got a bunch of views like that’s a good podcast though but it’s a good podcast and it’s actual it’s actually entertaining content it’s actually like deeper content they talk to all different types of people from like business people musicians porn stars they’ve had like all different types of people and they have like full-on conversations so then it’s a rebrand right it’s like basically taking this guy used to be a vine star making fart jokes and now you see you know a more mellow side and a more thoughtful side and all this other stuff look at him he is yolked logan paul is yoked yeah and as a kid i remember watching this look at him do all that [  ] do you dude these guys are bodybuilders who have personalities they are so freaking big they’re they’re bodybuilders that are soap opera actors that also can do are like also like cirque du soleil acrobats basically dude they’re unicorns did uh like some crazy [  ] in this match anyways people should go watch it is honestly impressive just to see the physical feat that he pulled off in this thing so i thought that was impressive and i also think it’s a smart move or an influence like this was not what they’ve done with like going into celebrity boxing deep podcasting they’ve won crypto nfts pokemon cards and then going into uh like jake has a venture fund logan is going to wwe now and like building his character up there they’re talking about potentially doing a ufc fight like these guys have like these guys are winning man they’re winning at like a very high level that is very impressive to me um and you know most people just write them off like they’re idiots they’re not idiots these guys are awesome the thing about logan is i actually like i’ve been watching his podcast he like he’s he’s done a really good job of rebranding himself he he still has a little bit but he’s mostly he’s not like a douche he’s not a bro he’s super thoughtful he’s he seems like a really nice person he’s the respectful one on the podcast he’s got these kind of goofball friends that are like a little more brash and annoying they can ask questions and like joke around about stuff but he’s the more reserved almost like introverted like thoughtful 26 mature person 25 he’s not that old but he like he like gives advice like uh he seems like he’s just it’s there’s a lot of stuff there that’s rooted in pretty good values you could just tell that his brother i don’t pay attention to as much but logan i definitely um have been watching his stuff and he seems very very uh like a good dude right yeah super impressive um all right let’s do uh one last thing uh i have this this little life advice tip which i believe that everybody needs to have a treat yourself budget and what is a treat yourself budget okay so basically this is part of uh the overall skill of learning how to spend money and your friend jason just did it wonderfully spending money is a skill and we so here’s what here’s my story around this so my dad was great you know good at making money right he came into the country i think with like i don’t know 91 dollars and that was like all he had as his like starting point and like he ended up making millions of dollars in his lifetime he learned how to make it but he didn’t he never learned how to spend it you know if i go you know to a coffee shop with my dad my dad’s first thought is like this is mostly water and like i can make this at home and like they’re just charging you for the brand and the cup and you know he’s like talking himself out of a three dollar cup of coffee when he actually wants a coffee and so you know like if there was a free coffee he’d walk two miles to go get it and so you know he wants the coffee but he doesn’t know how to spend and so spending i’ve learned is actually a skill and so i think one way you can get better at the skill like anything else is to practice so how do you practice spending well i have this idea of a treat yourself budget so at my last startup we created a bonus program at bibo and basically i don’t remember what it was exactly i think it was like a thousand dollars a month at the uh was like the low end and then basically as the company grew i would multiply the bonus pool so like when our user base doubled the bonus pool doubled as well and um and so we would give out this bonus and the only rules the only strings attached with bonuses you have to spend it on something interesting that you weren’t otherwise going to buy yourself anyways so you can’t just pay rent groceries your student debt can’t do it sorry uh you got to buy something you weren’t otherwise going to do it and then you got to come tell the story after you after you buy it and so jason was the first winner of the thing couldn’t have been a better better guy to win it and um he was like trying to debate what to do and i told him i said he was like what’s some of the he goes what’s something you spent like a thousand dollars on that like like punched above its weight and i told him i go you know when i first got named ceo of the company i like i was like okay i’m making more money and i’m you know like how do i like mark this new chapter and i was like i’m no longer like a college kid anymore but i still dress like a college kid so i had hired a personal stylist i went on craigslist i said hey i want somebody to come to my house uh take away all the clothes that suck and buy me new clothes that look awesome and i said send pictures of like what you think awesome style what’s like uh what’s like the statue of limitations on that because it doesn’t look like you uh are our followers this was a decade ago this is a decade ago so this lasted i think two years did she buy you cut off attack did was she like all right uh you’re a cut off a t-shirt a cutoff t-shirt type of guy jordan shorts let’s go over to foot locker i think we’ll we’ll make you look nice dude i gotta say it was insane i put that up on craigslist i woke up the next morning i had 81 replies in my inbox and i was like wow there’s and it was mostly it was like half people who were like oh i work in retail or i’m a stylist or something and half of it was like dude i wish my guy friends would let me do this i’m just like it’s just like a girl who’s like i know how guys should dress better and guys dress horrible and i wish my friends would let me do this sounds like you’re gonna let me do this like i’ll do it but i ended up picking this like really hot russian model to do it she had great a great sense of style she came to she came to my house she went to my closet and she just took everything out and was like do you have garbage bags at the house oh my god oh yeah yeah let me just go get them and i was like but that one’s my high school jersey she’s like yeah it looks like a high school jersey uh you know like you’re gonna throw it away for that for exact reason and she’s like did you wear this to prom and i was like yeah that’s my good that’s my good shirt she’s like this shirt sucks basically she yeah go ahead so we did this at the hustle so check this out and then look i want to hear what jason did so basically we did the same thing every month we would have it like it was like a thousand dollars and one person can uh vote how the group will spend it like we’ll all do something together maybe it was more than a thousand i don’t remember one time when we had i think 12 employees our office was down the street from costco and we basically people teamed up in teams of two so they’re maybe we had 20 people i don’t remember but i think we gave each person each group 200 and we said starting now you’ve got 20 minutes and you got to go buy something and at the end we’re going to vote on who got the best thing and like i went and bought like and i oh and i think it was 100 you had to spend on something that wasn’t food and the other 100 you had to spend on something that was food and we’re gonna go eat together and vote on what the winning thing is and so people like bought all this stuff that like you don’t really want up like the big cheese ball things like you don’t want to bite at your house but you’ve always wanted to try it right and it was the most fun team building activity we’ve ever had it was awesome that is that is genius um i was just talking to somebody like uh the guy who runs our warehouse and he’s like oh yeah you know people want another you know this other warehouse amazon warehouse is offering an extra two dollars an hour these guys are complaining that it’s cold inside and i feel like it’s hard to hire people because people don’t want to work anymore and i was like dude i get it i get it but you got to be creative about how to make this fun for people and you got to figure out how to take this many dollars and make it feel like a trillion dollars of budget for you and the thing you just described cost you probably like a thousand or twelve hundred dollars but like you’re still talking about it like ten years later it was amazing every single remembers it it was super fun great team bonding probably liked some of the stuff that you you got and like and then it’s just such a simple way to like go go further it morphed into eating contests somehow so every month we would have an eating contest and we had one lady who worked for us who ate i swear to god 12 krispy kreme donuts in seven minutes and then went to the bathroom and like just annihilated it and she had to go home because she was sick so it wasn’t the most productive but people loved it and then we would do the last thing that we would do is we would do taste tests so for example we would buy every single bottle of water that this nice grocery store near our office had and you had to see who can guess which bottled water is which we had another guy that he would win 100 if he could guess the difference in all the grapes because he was like oh i could tell the difference in all the grapes i’m like i don’t know man i don’t think you can we did the same thing with app and then we did this like a blind taste test yeah like which grape is this and then we did the same thing with apple so they had to guess which apple it was and if you got it right you’d get 100 and stuff like that was the most fun sam this is why this is why you need to be teaching business school instead of you know whatever professors teach in business school because the stuff like this that actually matters to people actually make the work environment more fun and uh you know they don’t teach you this at school so so i i am with you dude these like cheap there’s like cheap ways where it’s not about the money it’s about the creativity and the fun and the kind of like the humor of it that makes it uh that makes it hit there’s this book and there’s this book called um man’s search for meaning have you read it it’s like really sad part of it it’s like wait you read the cover yeah uh it’s it’s like way deeper than the [ __ ] that we’re talking about but basically it’s about like a jewish guy who was a psychiatrist or something and he went to the concentration camp for four years and so it’s kind of interesting because he’s like oh i’m my own experiment and what he said was that the people who survived best or the people who died would basically say we’re gonna get uh released uh on christmas i think we’re gonna get released on christmas and then christmas would come and pass and they would get all depressed and bummed and they wouldn’t have anything to look forward to and they would die uh just like you know just get worn down and then the other people who are like i’m getting out of this and when i get out of this i’m going to become a doctor so i can make sure that no one’s harmed like this again or i’m going to get out of this so i can see my loved ones i’m going to get out this way i could tell the world about this and write about it and he said that every person that survived they all most of them had a thing to look forward to and so i kind of stole that tactic it doesn’t exactly apply here but i was like for my office we’re gonna have a calendar and we’re gonna make sure we list all the activities and so people always have something to look forward to and i noticed that that actually changed the morale so you want do you want to have something to look forward to so then when you’re eating lunch you’re like hey in two weeks is that thing have you thought about where you’re gonna buy at costco and that type of stuff really really helped probably not the best to compare it to a concentration camp but yeah it was you learned it from there i learned it from that book it’s a great book um yeah it was the end of the story it doesn’t really have a point but basically jason hired a jason when jason won i was like you should do this thing he did it he loved it first of all he’s like dude the experience it’s it’s it’s like that scene from pretty woman where you just get to walk into the store you know you’re gonna buy up a storm you don’t even really have to think like the stylist when i did it she was like go to the dressing room i’m going to hand you things you put them on and i was like she’d hand me something like i don’t know i don’t really wear stuff like this she’s like yeah i know that’s the point and then you know i’d wear the thing and then you know i get to see it sometimes i hated it and sometimes i liked it she’d never make you buy something you didn’t like but she would always make you try stuff that you don’t normally wear or whatever and so jason came back to work looking super cool uh he was wearing like all of a sudden he had like rings and like you know jackets and like you know this is the ring guy now he’s a big ring guy and he had like you know like these like look like you know whatever like these chains that like his mom didn’t buy them and uh and anyway so he looked cool and he had just like the right amount of swag to it and he was saying something um on twitter that i thought was just like a very uh like a good way of putting anybody to say he goes he goes uh where’d he go what did he say he goes most guys don’t know how to style themselves it’s worth being taught life was more fun if you’re excited about what you wear every day especially if you know that the outfit you’re wearing like amplifies the impression that you’re trying to make it gives you more presence and like most people don’t like to say this stuff out loud but that’s part of jason’s superpower is he’s like completely unashamed of the things he feels and says and so he was able to like articulate it well so anyways somebody’s listening to this do you have the budget um something i highly recommend doing you will feel different and it’s a good experience uh to go give yourself a great way to treat yourself but even if you’re even if you don’t do that create a treat yourself budget create like it doesn’t matter if it’s a hundred dollars a thousand dollars or ten thousand dollars start with even like a hundred dollars and be like oh am i gonna spend a hundred dollars on something that i wouldn’t otherwise have done for myself i didn’t need but will give me some new experience it’ll take me in some different direction even a slightly different direction in life uh it can make a big difference that guy’s name is jason hitchcock he’s a good follower on twitter because he’s living his best life right now he’s having a good time yep all right that’s all i had for today all right that’s the episode