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Kind: captions Language: en I want to leave with one thing which is Naval you’re friends with nval do you have any stories about Naval anything that you noticed early on or the sort of the insightfulness that that he has it’s actually the first time I met Nal I went into a coffee shop in the mission in San Francisco and I ordered a coffee and I’m waiting at the counter and there’s this very attractive girl standing next to me and she’s very friendly and she smiles and I start talking to her and I’m chatting her up hitting on her hoping to ask her for her number and take her out and maybe dinner maybe drink who knows and then I see Nal walk up with this huge grin on his face and he’s like I see him met my girlfriend and I was like oh damn and he’s like nval and he just had this huge grin on his face you know who you were or he was just like I don’t think I’m not sure I don’t think so didn’t lose his cool was just like wow what a good way to like totally calm and then we then we started talking and like hit it off and you know that was probably God knows when I was I don’t know 2008 or something you’re like a man crush actually move out of the way face palm yeah uh and I I just I admire Nal for his ability to speak truth and ask uncomfortable questions and is less inclined to the type of people pleasing that I’d say many people are predisposed to myself included like there are definitely times when I’m maybe too polite or or tell White Lies to make people feel good or what like normal human social lubrication right nothing major but it’s like you know if my girlfriend’s put on a few pounds she’s like do I look fat I’m like no I’m not going to say yeah you look really fat not to say that Nal would say that but he’s Direct in a way that cuts through the noise and is very refreshing to me have you been able to uh pick up or uh learn anything from them in in terms of tactical stuff on the investing side or tons of stuff on the investing side I mean uh I think the site was way back in the day Venture hacks oh yeah that he and nivy co-authored that was basically the kind of Wikipedia Bible of Angel Investing and Advising for and inside game on venture capital I mean Naval is Jedi level when it comes to early stage investing very technical he just ends up in every deal you would ever want to be in it’s it’s the sort of you know pinky in the brain meets like forced Gump meets you know sidarta you’re just like how is he in every cap table right he’s incredibly skilled as an angel investor he’s very curious he’s very interested and it’s not at all limited to business so if it’s David Deutsch or other thinkers he introduces me to a lot of eclectic thinkers from different disciplines and his his exploration is is certainly not limited as it is with a lot of people to say the sport of business or Finance or investing a lot of people are one-trick ponies that way he is not a onetick pony I admire that as well I have a funny and of all story which is I have a buddy who was doing some like when Facebook launched its platform my buddy made an app it was like one of the silly apps I don’t remember back then it was like people throwing sheep at each other and stuff like that he was doing one of the like silly apps but it was clear that oh Facebook platform that’s like an opportunity and so smart Silicon Valley people were interested my friend’s sitting in Georgia and naval’s in San Francisco and he gets an email from Naval basically you know found the contact us page or whatever and was like hey I’d love to meet with you sometime talk about your app I’m a venture capitalist here in in San Francisco friend doesn’t know who Dev all is doesn’t know what venture capital is but okay sounds interesting he’s oh you know like sure I’m open to that next email is a plane ticket like here’s a plane ticket goes out tomorrow so friend’s like okay go gets on a plane flies out here meets theal meets him in his office he’s like he asked me questions for like 30 minutes and he’s like I had no idea what the right answer should have been but I’m saying whatever’s this my honest answers the was like hold on goes into the other room comes back has printed out like a term sheet and says like here uh you know I’ll give you whatever half a million bucks or something whatever it is like some amount of money for you know some percentage of your company and my friend who’s like 23 or something like that is just like I don’t know who this Indian guy is I don’t know what the deal I don’t know any of the words on this page my app is stupid I don’t know why he wants to invest in it uh I don’t really understand this so he’s like I just don’t feel comfortable right now and he’s like and Nal at the time was like I think Facebook is going to be you know huge I think it’s going to be the platform where you do lots of things you’re not just going to talk to friends on there you’re going to be able to do XYZ that’s my thesis that’s why I want to invest in this because my friend was like honestly this is a stupid idea why you this is not a business and so he gave him that that pitch my friend was like wow that sounds awesome I didn’t even realize all that I had stumbled into this gold mine potentially so he’s like listen man I just uh I don’t understand what this thing is I just need to think about and I like no problem by the way that same week he meets Keith R boy Max Lev and a bunch of other people who are ALS giving him the same pitch but in different flavors like Keith R boy was like you should come work for us he’s like I don’t want a job he’s like see all those people right there all those programmers they’re going to put you out of business like tomorrow and he was like this is a stupid app it’s not a business to do it waste your time doing this you’re going to put me out of business that isn’t a business I live in my mom’s bedroom what are you talking about and so he goes you know the great thing about Nal though is that like 15 years later now my friend’s very a very successful Tech entrepreneur he’s like I actually dug up that old term sheet it was so fair he could have taken advantage of me and I didn’t know anything and he’s like it was incredibly founder friendly and fair that told me a lot about Naval that at that time when a lot of people were in the Heat of the Moment about this kind of gold rush in that Facebook app days and I was clearly a novice he operated with very high integrity and I thought that said a lot about him yeah that matches with my experience I’ve always seen that in Nal yeah for sure right on well Tim thanks for doing this man I really I really appreciate it yeah my pleasure man thanks for taking the time mission accomplish for I hope [Music]