*Want Sam’s Playbook to Uncover Business Opportunities? Get it here: https://clickhubspot.com/brf*
Episode 710: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about how to evaluate risk and upside of new ideas.
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Show Notes:
(0:00) Bessemer’s $140B misjudgment of Shopify
(5:47) Shaan’s Anti-portfolio
(15:26) Goal: Avoid Ruin
(21:30) Outlier personalities
(24:51) Underestimating Uber
(32:16) "You can’t overinvest in AI"
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Links:
• “How to miss by a mile” – https://tinyurl.com/2rxubfwa
• Leaked OpenAI emails – https://www.techemails.com/p/elon-musk-and-openai
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Check Out Shaan’s Stuff:
• Shaan’s weekly email – https://www.shaanpuri.com
• Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents.
• Mercury – Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies!
Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC