AngelList

Naval Ravikant is an entrepreneur, investor, and co-founder of AngelList. What does it mean to win at the game of life? Is it tons of wealth, pure happiness, infinite time, or a loving family? Today we explore the timeless question of what it means to truly live well. Expect to learn the true price of success, whether sacrificing your happiness is worth it, what advice Naval would give to his younger self, what the true source of unhappiness is for most people, how to overcome low self-esteem, what Naval would add to his ‘How To Get Rich’ thread, how to become comfortable being unapologetically selfish, what Naval sees as the next big trends in science and technology, his take on the escalating culture wars, how to get comfortable with death and overcoming grief, the best and worst ways to spend your wealth and much more… Timestamps: (00:00) Is Success Worth It? (07:43) Ways To Shortcut Our Desire (10:47) Is Changing Our Opinions Hypocritical? (14:35) How To Become Less Distracted By Status Games (21:02) Ways To Raise Your Self-Esteem (29:46) Why Pride Is The Most Expensive Trait (32:19) Identifying Our Happiness (44:22) The Key To Being Your Authentic Self (49:08) Objectively Viewing Our Own Mind (01:00:40) How Can We Avoid Cynicism And Pessimism Within Ourselves? (01:07:20) What Is Happiness? (01:21:24) Learning How To Deal With Anxiety (01:28:07) Optimising Our Quality Of Life (01:32:36) Why We Can't Change Other People (01:45:22) Why We Shouldn't Take Ourselves Too Seriously (01:52:38) How Being Observant Of Yourself Allows Change (02:00:23) Why Did Naval Come On This Podcast? (02:09:31) The Best And Worst Places To Spend Wealth (02:18:03) Philosophical Beliefs (02:23:55) Recent Insights Into Naval's Opinions (02:30:50) Are People Choosing To Have Less Kids? (02:37:40) Trusting Our Instincts Throughout Parenthood (02:50:26) What Does The Future Of The Culture Wars Look Like? (02:59:01) What Is Currently Ignored By The Media But Will Be Studied By Historians? (03:11:49) Is There An Advantage To Starting Out As A Loser? (03:15:20) Naval's Foreseeable Plans Sponsors: See discounts for all the products I use and recommend: https://chriswillx.com/deals Get $350 off the Pod 4 Ultra at https://eightsleep.com/modernwisdom (use code MODERNWISDOM) Get the best bloodwork analysis in America at https://functionhealth.com/modernwisdom Get a Free Sample Pack of all LMNT Flavours with your first purchase at https://drinklmnt.com/modernwisdom Get 35% off your first subscription of the best supplements from Momentous at https://livemomentous.com/modernwisdom Extra Stuff: Get my free reading list of 100 books to read before you die: https://chriswillx.com/books Try my productivity energy drink Neutonic: https://neutonic.com/modernwisdom Episodes You Might Enjoy: This Is How To Master Your Life - David Goggins - #577: ⁠⁠⁠lnkfi.re/SN-Goggins⁠⁠⁠ How To Destroy Your Negative Beliefs - Dr Jordan Peterson - #712: ⁠⁠⁠lnkfi.re/SN-Peterson⁠⁠⁠ The Secret Tools To Hack Your Brain - Dr Andrew Huberman - #700: ⁠⁠⁠lnkfi.re/SN-Huberma - Get In Touch: Instagram: https://www.instagram.com/chriswillx Twitter: https://www.twitter.com/chriswillx YouTube: https://www.youtube.com/modernwisdompodcast Email: https://chriswillx.com/contact - Learn more about your ad choices. Visit megaphone.fm/adchoices

Naval Ravikant

Co-founder and Former CEO

AngelList

Learn more about your ad choices. Visit megaphone.fm/adchoices

Avlok Kohli

CEO

AngelList

(0:00) The Besties intro Naval Ravikant! (9:07) Naval reflects on his thoughtful tweets and reputation (14:17) Unique views on parenting (23:20) Sacks joins to talk AI: JD Vance's speech in Paris, Techno-Optimists vs Doomers (1:11:06) Tariffs and the US economic experiment (1:21:15) Thomson Reuters wins first major AI copyright decision on behalf of rights holders (1:35:35) Chamath's dinner with Bryan Johnson, sleep hacks (1:45:09) Tulsi Gabbard, RFK Jr. confirmed Follow Naval: https://x.com/naval Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg Follow on X: https://x.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@theallinpod Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg Intro Video Credit: https://x.com/TheZachEffect Referenced in the show: https://x.com/naval/status/1002103360646823936 https://x.com/CollinRugg/status/1889349078657716680 https://www.whitehouse.gov/presidential-actions/2025/01/removing-barriers-to-american-leadership-in-artificial-intelligence https://www.cnn.com/2021/06/09/politics/kamala-harris-foreign-trip/index.html https://www.cnbc.com/2025/02/11/anduril-to-take-over-microsofts-22-billion-us-army-headset-program.html https://x.com/JDVance/status/1889640434793910659 https://www.youtube.com/watch?v=QCNYhuISzxg https://www.wired.com/story/thomson-reuters-ai-copyright-lawsuit https://admin.bakerlaw.com/wp-content/uploads/2023/11/ECF-1-Complaint.pdf https://www.youtube.com/watch?v=7xTGNNLPyMI https://polymarket.com/event/which-trump-picks-will-be-confirmed?tid=1739471077488

Naval Ravikant

Co-founder and Former CEO

AngelList

Aaron Stupple (@astupple) is the author of The Sovereign Child: How a Forgotten Philosophy Can Liberate Kids and Their Parents. Naval Ravikant (@naval) is the co-founder of AngelList. He has invested in more than 100 companies, including many mega-successes, such as Twitter, Uber, Notion, Opendoor, Postmates, and Wish. Stick around after the end of our three-person conversation to listen to an exclusive bonus segment that Naval and Aaron recorded with extra practical tips, as well as incremental, day-to-day experiments you can test and apply. It’s super tactical, so you won’t want to miss it. It begins at 02:17:01. Sponsors: Sundays for Dogs ultra-high-quality dog food: https://sundaysfordogs.com/tim (save 50% on your first order) Seed's DS-01® Daily Synbiotic broad spectrum 24-strain probiotic + prebiotic: https://Seed.com/Tim (Use code 25TIM for 25% off your first month's supply) ShipStation shipping software: https://www.shipstation.com/tim (60-day free trial!) Timestamps: [00:00] Coming up in this episode [08:40] Who is Aaron, and what makes him qualified to dispense parenting advice? [13:44] Taking Children Seriously (TCS) and The Sovereign Child philosophies. [17:49] The David Deutsch influence on these tenets. [22:57] Supporting evidence and long-term case studies. [27:17] Ways Naval and Aaron have incorporated these philosophies into their own parenting. [31:13] How rules work while parenting for freedom-maximizing. [37:42] Why building knowledge beats coercion. [43:41] Non-negotiables. [46:35] Is this method of parenting only accessible to the educated elite? [50:05] Handling sibling conflict. [54:41] How do freedom-maximized kids adapt to an adulthood of endless societal rules? [58:55] When kids present counter-accountability. [01:00:41] One tool does not fix all. [01:03:52] Putting mistakes to good use. [01:08:00] Homeschooling, unschooling, and socialization challenges. [01:15:56] Building resilience. [01:20:23] Coping with food and drink cravings. [01:25:54] Avoiding the terminology of confirmation bias. [01:31:37] Sports. [01:35:09] Organically cultivating interests. [01:38:11] The pros and cons of traditional schooling. [01:47:24] Parental disagreements and avoiding hypocrisy. [01:57:18] Four categories of harm that come from rules. [02:00:38] The benefits of optional constraints. [02:05:32] Body Electric. [02:07:03] Things you should know before visiting the emergency room. [02:13:18] A hierarchy of knowledge and lessons learned from this conversation. [02:17:19] Tactics for addressing sibling (and spousal) conflict. [02:19:47] Tactics to foster learning. [02:22:54] The best baby (and adult) sitter. [02:26:07] Parenting into the teen years. [02:27:54] Tactics for forming good sleep habits. [02:31:20] Tactics for encouraging good eating habits. [02:37:34] Tactics for freedom-maximizing. [02:42:56] Tactics for minimizing screen and social media obsession. [02:55:29] Too cool for rules. [03:00:14] All information is subject to challenge. [03:03:10] Happiness and creativity cannot be forced. * For show notes and past guests on The Tim Ferriss Show, please visit tim.blog/podcast. For deals from sponsors of The Tim Ferriss Show, please visit tim.blog/podcast-sponsors Sign up for Tim’s email newsletter (5-Bullet Friday) at tim.blog/friday. For transcripts of episodes, go to tim.blog/transcripts. Discover Tim’s books: tim.blog/books. Follow Tim: Twitter: twitter.com/tferriss Instagram: instagram.com/timferriss YouTube: youtube.com/timferriss Facebook: facebook.com/timferriss LinkedIn: linkedin.com/in/timferriss Past guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, Margaret Atwood, Mark Zuckerberg, Peter Thiel, Dr. Gabor Maté, Anne Lamott, Sarah Silverman, Dr. Andrew Huberman, and many more. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Naval Ravikant

Co-founder and Former CEO

AngelList

This episode is a two-for-one, and that’s because the podcast recently hit its 10-year anniversary and passed one billion downloads. To celebrate, I’ve curated some of the best of the best—some of my favorites—from more than 700 episodes over the last decade. I could not be more excited. The episode features segments from episode #97 "Naval Ravikant — The Person I Call Most for Startup Advice" and episode #341 "Nick Kokonas — How to Apply World-Class Creativity to Business, Art, and Life." Please enjoy! Sponsors: Eight Sleep’s Pod 4 Ultra sleeping solution for dynamic cooling and heating: https://eightsleep.com/tim (save $350 on the Pod 4 Ultra) Momentous high-quality supplements: https://livemomentous.com/tim (code TIM for 20% off) LinkedIn Jobs recruitment platform with 1B+ users: https://linkedin.com/tim (post your job for free) Timestamps: [00:00] Start [04:34] Notes about this supercombo format. [05:53] Enter Naval Ravikant. [06:05] On uncompromising honesty. [08:05] What Naval looks for when deciding to invest in a founder. [11:03] Recommended reading from outside the startup world. [18:38] Who Naval considers successful. [21:02] Cultivating non-judgmental awareness. [26:08] How to replace bad habits with good habits. [29:31] Naval's advice for his younger self. [32:01] Naval's billboard. [35:46] Enter Nick Kokonas. [36:05] Is pressure Nick's default setting, or are perceived risks an illusion? [36:55] How do behavioral economics and Richard Thaler influence Nick's approach? [41:38] Nick's transition from philosophy to finance; was philosophy an asset? [42:43] Why Nick's professor gave him shorter assignments than classmates. [44:57] Nick's introduction to trading; dumbing down academics for clerk job. [46:42] Why philosophy majors often become traders. [47:19] Why Nick is glad he didn't pursue an MBA in 1992. [48:41] Why Nick thinks his professor singled him out from his peers. [52:52] Recommended books for aspiring entrepreneurs without philosophy background. [57:31] Did being a Merc clerk meet Nick's expectations? [1:00:02] How Nick followed his father's entrepreneurial model in trading. [1:04:38] Why Nick left his mentor after a year to start his own company. [1:05:41] How Nick and employees trained to quicken mental agility for trading. [1:08:17] The moment Nick realized he could thrive in trading. [1:09:02] Recommended resources for becoming a better investor. [1:11:22] Nick seeks out "high, small hoops" for investment risks. [1:14:00] Do businesses fail due to difficult model or lack of due diligence? [1:16:55] When and why Nick decided to enter the restaurant business. [1:18:26] The dinner leading to Nick and Grant Achatz's partnership. [1:27:52] Why Nick chose to open a restaurant out of many risky options. [1:30:33] How Nick spots talent early that others notice late. [1:34:07] Questioning restaurant conventions like candles and white tablecloths. [1:37:09] A now-famous chef was Alinea's first customer. [1:38:03] Nick and Grant wouldn't let designers override their ideas. [1:38:47] How Nick contributed effectively as a restaurant industry newcomer. [1:14:19] Why Nick was "horrified" when Alinea won Best Restaurant in 2006. [1:43:50] Grant's cancer diagnosis; writing a book and revolutionizing reservations. [1:45:28] Traditional restaurant reservation systems and Nick's improvements. [1:57:17] Bickering at press dinner; avoiding Next becoming "Disneyland of cuisine." [2:02:14] Reservation software problems; variable pricing based on day of week. [2:05:48] The moment Nick realized "This is the best thing I've ever built." [2:07:41] Why the reservation system's rewards were worth the asymmetric risks. [2:10:16] Using Marimekko charts to visualize restaurant and sponsorship data. [2:16:57] The next industry Nick wants to disrupt: truffles. [2:18:55] Illuminating black boxes. [2:26:24] Self-selection of job roles; how Nick's hiring process has changed. [2:32:01] Systems Nick uses to cope with a lot of email. [2:37:43] Importance of engaging on social media, even if unable to respond to all. [2:39:35] What "puzzle" filters and mini-hurdles in correspondence accomplish. [2:40:36] Comparing similarities between the music and publishing industries. [2:49:55] The agency problem as another black box. [2:54:58] The Hembergers, The Alinea Project, and the upcoming independent Aviary Book. [3:01:42] A brief discussion about cocktails. [3:05:42] Books Nick has gifted most and how he personalizes gifts. [3:08:10] Nick's billboard. [3:09:49] Parting thoughts. * For show notes and past guests on The Tim Ferriss Show, please visit tim.blog/podcast. For deals from sponsors of The Tim Ferriss Show, please visit tim.blog/podcast-sponsors Sign up for Tim’s email newsletter (5-Bullet Friday) at tim.blog/friday. For transcripts of episodes, go to tim.blog/transcripts. Discover Tim’s books: tim.blog/books. Follow Tim: Twitter: twitter.com/tferriss Instagram: instagram.com/timferriss YouTube: youtube.com/timferriss Facebook: facebook.com/timferriss LinkedIn: linkedin.com/in/timferriss Past guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, Margaret Atwood, Mark Zuckerberg, Peter Thiel, Dr. Gabor Maté, Anne Lamott, Sarah Silverman, Dr. Andrew Huberman, and many more. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Naval Ravikant

Co-founder and Former CEO

AngelList

Nick Kokonas

Co-Founder

TockAlinea Group

Avlok Kohli is the CEO @ AngelList. Under his leadership, Avlok has taken AngelList from an SPV provider to a company that is becoming the software platform for the entire industry. Today, AngelList supports over $15BN in assets and 40% of US unicorns have had a GP invest in them through AngelList. Prior to becoming CEO @ AngelList, Avlok founded 3 companies, all of which were acquired including by the likes of Square and eBay. In Today's Episode with Avlok Kohli We Discuss: 1. From 3x Founder to Scaling AngelList to $15BN in AUM: How did Naval convince Avlok to join AngelList and be CEO? Does Avlok believe in startups having defensibility in the early days? How important does Avlok believe it is for companies to be "first to market"? Why does Avlok believe all the last-mile grocery delivery companies will go bust in the downturn? 2. What is Going On in Venture: New Funds, LPs, Secondaries: Are we seeing the amount of net new funds reduce in the downturn? Are we seeing the size of new funds being raised, being smaller? Is the time to first close increasing in time? Does AVlok agree that the fund segment hit hardest by the downturn is micro fund managers? Which LP class has pulled back from fund investing most significantly? Why does Avlok believe institutions have returned to fund investing more than ever right now? Are we seeing an increase in fund secondary positions? 3. What is Going on in Startups: Rounds, Valuations, Party Rounds Are we seeing the number of startups able to close their round reduce? Are we seeing the size of startup funding rounds reduce? How does this depend on the stage? What are we seeing for startup valuations? Why is seed as high as ever? What is the most hit? How is the composition of funding rounds changing? More or fewer party rounds? When does Avlok believe we will see down rounds and pay-to-play, really come into effect? 4. The Business of AngelList and its Future: What are the margins on AngelList products today? What is the best margin AngelList product? What is the worst? What product did AngelList do that in hindsight, Avlok wishes they had not done? Why did AngelList back out of Europe? Was it a mistake? How does Avlok think about AngelList's fierce competition with Carta today?

Avlok Kohli

CEO

AngelList

Since joining AngelList as CEO in 2019, Avlok Kohli has presided over perhaps the most unexpected and astounding transformation in the venture ecosystem: taking AngelList from an SPV provider to a company that is quickly becoming the software platform for the entire industry. Today, AngelList provides investors and founders with the infrastructure they need to launch and scale a startup or fund, and supports over $15B of assets (including David’s own Kindergarten Ventures!). We sit down with Avlok to discuss how it all happened (and happened so fast), and - also unexpectedly and astoundingly - how generative AI is about to transform their entire business and the venture ecosystem again. Tune in! Links: Visit AngelList to get started Follow Avlok on Twitter Sponsors: Sierra: https://bit.ly/acquiredsierra

Avlok Kohli

CEO

AngelList

Brought to you by LinkedIn Jobs recruitment platform with 900M+ users, FreshBooks cloud-based small business accounting software, and Athletic Greens’s AG1 all-in-one nutritional supplement. David Deutsch (@DavidDeutschOxf) is a visiting professor of physics at the Centre for Quantum Computation, a part of the Clarendon Laboratory at Oxford University, and an honorary fellow of Wolfson College, Oxford. He works on fundamental issues in physics, particularly the quantum theory of computation and information and especially constructor theory, which he is proposing as a new way of formulating laws of nature. He is the author of The Fabric of Reality and The Beginning of Infinity, and he is an advocate of the philosophy of Karl Popper. Naval Ravikant (@naval) is the co-founder of Airchat and AngelList. He has invested in more than 100 companies, including many mega-successes, such as Twitter, Uber, Notion, Opendoor, Postmates, and Wish. You can see his latest musings on Airchat and subscribe to Naval, his podcast on wealth and happiness, on Apple Podcasts, Spotify, Overcast, or wherever you get your podcasts. You can also find his blog at nav.al. For more Naval-plus-Tim, check out my wildly popular interview with him from 2015 (nominated for “Podcast of the Year”) and our conversation from 2020. Naval also co-piloted the interviews with Ethereum creator Vitalik Buterin and famed investor Chris Dixon. Please enjoy! * This episode is brought to you by LinkedIn Jobs. Whether you are looking to hire now for a critical role or thinking about needs that you may have in the future, LinkedIn Jobs can help. LinkedIn screens candidates for the hard and soft skills you’re looking for and puts your job in front of candidates looking for job opportunities that match what you have to offer. Using LinkedIn’s active community of more than 900 million professionals worldwide, LinkedIn Jobs can help you find and hire the right person faster. When your business is ready to make that next hire, find the right person with LinkedIn Jobs. And now, you can post a job for free. Just visit LinkedIn.com/Tim. * This episode is also brought to you by FreshBooks. I’ve been talking about FreshBooks—an all-in-one invoicing + payments + accounting solution—for years now. Many entrepreneurs, as well as the contractors and freelancers that I work with, use it all the time. FreshBooks makes it super easy to track things like expenses, project time, and client info and then merge it all into great-looking invoices. And right now, there’s a special offer just for my listeners. Head over to FreshBooks.com/Tim to get 90% off your FreshBooks subscription for 4 months. * This episode is also brought to you by Athletic Greens. I get asked all the time, “If you could use only one supplement, what would it be?” My answer is usually AG1 by Athletic Greens, my all-in-one nutritional insurance. I recommended it in The 4-Hour Body in 2010 and did not get paid to do so. I do my best with nutrient-dense meals, of course, but AG further covers my bases with vitamins, minerals, and whole-food-sourced micronutrients that support gut health and the immune system. Right now, Athletic Greens is offering you their Vitamin D Liquid Formula free with your first subscription purchase—a vital nutrient for a strong immune system and strong bones. Visit AthleticGreens.com/Tim to claim this special offer today and receive the free Vitamin D Liquid Formula (and 5 free travel packs) with your first subscription purchase! That’s up to a one-year supply of Vitamin D as added value when you try their delicious and comprehensive all-in-one daily greens product. * [08:03] The impact The Fabric of Reality and The Beginning of Infinity have had on Naval. [10:07] The four strands. [13:04] Dispelling common misconceptions about science. [19:26] How does knowledge grow? [24:26] The benefits of understanding the four strands. [32:47] How quantum computing arose from trying to test a multiverse theory. [37:40] What a good explanation looks like. [42:43] How do conjecture and criticism give us a basis for optimism? [48:38] Translating knowledge into action. [51:20] Artificial intelligence (AI) vs. artificial general intelligence (AGI). [56:54] AGI is people! But how do we ensure it’ll be good people? [1:03:03] What’s taking AGI so long to get here? [1:08:59] Chemical scum that dream of distant quasars. [1:17:47] Are humans central to the universe, or just a sideshow? [1:20:17] Wealth and resources. [1:25:30] Recommended thinkers. [1:28:05] Taking Children Seriously, ToKCast, Critical Rationalists, and Popper 101. [1:31:55] David’s most interesting problems right now. [1:39:24] Parting thoughts. * For show notes and past guests on The Tim Ferriss Show, please visit tim.blog/podcast. For deals from sponsors of The Tim Ferriss Show, please visit tim.blog/podcast-sponsors Sign up for Tim’s email newsletter (5-Bullet Friday) at tim.blog/friday. For transcripts of episodes, go to tim.blog/transcripts. Discover Tim’s books: tim.blog/books. Follow Tim: Twitter: twitter.com/tferriss Instagram: instagram.com/timferriss YouTube: youtube.com/timferriss Facebook: facebook.com/timferriss LinkedIn: linkedin.com/in/timferriss Past guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, Margaret Atwood, Mark Zuckerberg, Peter Thiel, Dr. Gabor Maté, Anne Lamott, Sarah Silverman, Dr. Andrew Huberman, and many more. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

David Deutsch

Physicist & Author

University of Oxford

Naval Ravikant

Co-founder and Former CEO

AngelList

Talking this week's big week for AI, with Parker Thompson (@pt) plus@miguelisolano&@mignano Learn more about your ad choices. Visit megaphone.fm/adchoices

Parker Thompson

Partner

AngelListAntler

Miguel Solano

Mike Mignano

Co-Founder

AnchorLightspeed Venture Partners

Brought to you by UCAN endurance products powered by SuperStarch®, Theragun percussive muscle therapy devices, and Tonal smart home gym. Chris Dixon (@cdixon) is a general partner at Andreessen Horowitz, where for the past six years he has been an active seed and venture-stage investor. Previously, Chris co-founded and served as the CEO of two startups, SiteAdvisor and Hunch. SiteAdvisor was an internet security company that warned web users of security threats. The company was acquired by McAfee in 2006. Hunch was a recommendation technology company that was acquired by eBay in 2011. Chris has been a prolific seed investor, co-founding Founder Collective, a seed venture fund, and making a number of personal angel investments in various technology companies. Chris started programming as a kid and was a professional programmer after college at the high-speed options trading firm Arbitrade. He has a BA and MA in philosophy from Columbia and an MBA from Harvard. He has written about his theories and experiences as an entrepreneur and investor on Medium and before that at cdixon.org. His a16z Podcast appearances can be found here. Naval Ravikant (@naval) is the co-founder and chairman of AngelList. He is an angel investor and has invested in more than 100 companies, including many mega-successes, such as Twitter, Uber, Notion, Opendoor, Postmates, and Wish. You can subscribe to Naval, his podcast on wealth and happiness, on Apple Podcasts, Spotify, Overcast, or wherever you get your podcasts. You can also find his blog at nav.al. For more Naval-plus-Tim, check out my wildly popular interview with him from 2015—which was nominated for “Podcast of the Year”—at tim.blog/naval. We also had a second long-form conversation in 2020, and you can find that here. His most recent appearance was helping me interview Ethereum creator Vitalik Buterin here. Please enjoy! * This episode is brought to you by UCAN. I was introduced to UCAN and its unique carbohydrate SuperStarch® by my good friend—and listener favorite—Dr. Peter Attia, who said there is no carb in the world like it. I have since included it in my routine, using UCAN’s powders to power my workouts, and the bars make great snacks. Extensive scientific research and clinical trials have shown that SuperStarch provides a sustained release of energy to the body without spiking blood sugar. UCAN is the ideal way to source energy from a carbohydrate without the negatives associated with fast carbs, especially sugar. You avoid fatigue, hunger cravings, and loss of focus. Whether you’re an athlete working on managing your fitness or you need healthy, efficient calories to get you through your day, UCAN is an elegant energy solution. My listeners can save 30% on their first UCAN order by going to UCAN.co/Tim. * This episode is also brought to you by Tonal! Tonal is the world’s most intelligent home gym and personal trainer. It is precision engineered and designed to be the most advanced strength studio on the market today. Tonal uses breakthrough technology—like adaptive digital weights and AI learning—together with the best experts in resistance training so you get stronger, faster. Every program is personalized to your body using AI, and smart features check your form in real time, just like a personal trainer. Try Tonal, the world’s smartest home gym, for 30 days in your home, and if you don’t love it, you can return it for a full refund. Visit Tonal.com for $100 off their smart accessories when you use promo code TIM100 at checkout. * This episode is also brought to you by Theragun! Theragun is my go-to solution for recovery and restoration. It’s a famous, handheld percussive therapy device that releases your deepest muscle tension. I own two Theraguns, and my girlfriend and I use them every day after workouts and before bed. The all-new Gen 4 Theragun is easy to use and has a proprietary brushless motor that’s surprisingly quiet—about as quiet as an electric toothbrush. Go to Therabody.com/Tim right now and get your Gen 4 Theragun today, starting at only $199. * For show notes and past guests, please visit tim.blog/podcast. Sign up for Tim’s email newsletter (“5-Bullet Friday”) at tim.blog/friday. For transcripts of episodes, go to tim.blog/transcripts. Discover Tim’s books: tim.blog/books. Follow Tim: Twitter: twitter.com/tferriss Instagram: instagram.com/timferriss Facebook: facebook.com/timferriss YouTube: youtube.com/timferriss Past guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, and many more. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Chris Dixon

General Partner

Andreessen Horowitz

Naval Ravikant

Co-founder and Former CEO

AngelList

Vitalik Buterin, Creator of Ethereum, on Understanding Ethereum, ETH vs. BTC, ETH2, Scaling Plans and Timelines, NFTs, Future Considerations, Life Extension, and More (Featuring Naval Ravikant) | Brought to you by Wealthfront automated investing, Pique's Daily Immune (Vitamin C optimized for absorption), and Theragun percussive muscle therapy devices. Vitalik Buterin (@VitalikButerin) is the creator of Ethereum. He first discovered blockchain and cryptocurrency technologies through Bitcoin in 2011, and was immediately excited by the technology and its potential. He co-founded Bitcoin magazine in September 2011, and after two and a half years looking at what the existing blockchain technology and applications had to offer, wrote the Ethereum white paper in November 2013. He now leads Ethereum’s research team, working on future versions of the Ethereum protocol. In 2014, Vitalik was a recipient of the two-year Thiel Fellowship, tech billionaire Peter Thiel’s project that awards $100,000 to 20 promising innovators under 20 so they can pursue their inventions in lieu of a post-secondary institution. You can find his website at vitalik.ca. Naval Ravikant (@naval) is the co-founder and chairman of AngelList. He is an angel investor and has invested in more than 100 companies, including many mega-successes, such as Twitter, Uber, Notion, Opendoor, Postmates, and Wish. You can subscribe to Naval, his podcast on wealth and happiness, on Apple Podcasts, Spotify, Overcast, or wherever you get your podcasts. You can also find his blog at nav.al. Please enjoy! * This episode is brought to you by Pique and their brand-new supplement, Daily Immune—Vitamin C optimized for absorption. Pique’s Daily Immune is maximized for absorption with liposomal encapsulation technology and Pique’s unique formula supports a healthy immune system. It’s so easy and tastes so good—think black European elderberries—you might choose to take it once or twice a day, as I do. Try it for yourself risk-free—with their 30-day satisfaction guarantee, you either love it or get your money back. Go to PiqueTea.com/Tim and use code TIM at checkout to get 5% off your first order plus free shipping when you purchase a bundle. * This episode is also brought to you by Theragun! Theragun is my go-to solution for recovery and restoration. It’s a famous, handheld percussive therapy device that releases your deepest muscle tension. I own two Theraguns, and my girlfriend and I use them every day after workouts and before bed. The all-new Gen 4 Theragun is easy to use and has a proprietary brushless motor that’s surprisingly quiet—about as quiet as an electric toothbrush. Go to Theragun.com/Tim right now and get your Gen 4 Theragun today, starting at only $199. * This episode is brought to you by Wealthfront! Wealthfront pioneered the automated investing movement, sometimes referred to as ‘robo-advising,’ and they currently oversee $20 billion of assets for their clients. It takes about three minutes to sign up, and then Wealthfront will build you a globally diversified portfolio of ETFs based on your risk appetite and manage it for you at an incredibly low cost. Smart investing should not feel like a rollercoaster ride. Let the professionals do the work for you. Go to Wealthfront.com/Tim and open a Wealthfront account today, and you’ll get your first $5,000 managed for free, for life. Wealthfront will automate your investments for the long term. Get started today at Wealthfront.com/Tim. * If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading the reviews! For show notes and past guests, please visit tim.blog/podcast. Sign up for Tim’s email newsletter (“5-Bullet Friday”) at tim.blog/friday. For transcripts of episodes, go to tim.blog/transcripts. Discover Tim’s books: tim.blog/books. Follow Tim: Twitter: twitter.com/tferriss Instagram: instagram.com/timferriss Facebook: facebook.com/timferriss YouTube: youtube.com/timferriss Disclaimer: I am not an investment adviser. All opinions are mine alone. There are risks involved in placing any investment in securities or in Bitcoin. None of the information presented today is intended to form the basis for any offer or recommendation or have any regard to the investment objectives, financial situation, or needs of any specific person. Past guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, and many more. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Vitalik Buterin

Co-founder, Ethereum

EthereumEthereum Foundation

Naval Ravikant

Co-founder and Former CEO

AngelList

Avlok Kohli is the CEO of AngelList Venture which has facilitated the funding of over 5,000 startups including 47 unicorns and is home to 4,300 funds and syndicates with $2.2B in assets under management. This year, AngelList Venture launched the much-discussed, Rolling Funds and Avlok recently launched his own rolling fund, Avlok Capital. Prior to AngelList, Avlok built and sold two companies; FastBite, acquired by Square in 2015 and Fairy, also acquired. If that was not enough, Avlok is also an angel in 25 companies. In Today's Episode You Will Learn: 1.) How Avlok made his way into the world of facilitating over $2Bn in AUM having sold 2 prior companies on the other side of the table as a founder? What is Avlok's favourite Jack Dorsey story? 2.) Why does Avlok believe Rollings Funds are the "printing presses of innovation" for capital markets? Does Avlok believe that everyone should be a fund manager and managing capital? What are the benefits of rollings funds vs traditional micro funds? 3.) How does the rise of rolling funds impact the early stage pricing of companies? How does it impact the competitive landscape for seed and pre-seed allocations? Is Avlok concerned about a wave of undisciplined capital entering the market? 4.) How does Avlok evaluate reserve allocations for early stage and micro fund managers today? What does the data show for funds that do reserve for pro-rata vs those that do not? How has this impacted Avlok's own approach to pro-rata and reserve deployment? Item's Mentioned In Today's Episode Avlok's Favourite Book: Meditations As always you can follow Harry and The Twenty Minute VC on Twitter here! Likewise, you can follow Harry on Instagram here for mojito madness and all things 20VC.

Avlok Kohli

CEO

AngelList

Naval Ravikant (@naval) is the co-founder and chairman of AngelList. He is an angel investor and has invested in more than 100 companies, including many mega-successes such as Twitter, Uber, Notion, OpenDoor, Postmates, and Wish. You can subscribe to Naval, his podcast on wealth and happiness, on Apple Podcasts, Spotify, Overcast, or wherever you get your podcasts. You can also find his blog at nav.al. For more Naval plus Tim, check out my wildly popular interview with him from 2015, which was nominated for “Podcast of the Year.” Please enjoy! This episode is brought to you by Wealthfront! Wealthfront pioneered the automated investing movement, sometimes referred to as ‘robo-advising,’ and they currently oversee $20 billion of assets for their clients. It takes about three minutes to sign up, and then Wealthfront will build you a globally diversified portfolio of ETFs based on your risk appetite and manage it for you at an incredibly low cost. Smart investing should not feel like a rollercoaster ride. Let the professionals do the work for you. Go to Wealthfront.com/Tim and open a Wealthfront account today, and you’ll get your first $5,000 managed for free, for life. Wealthfront will automate your investments for the long term. Get started today at Wealthfront.com/Tim. * This episode is also brought to you by ShipStation. Do you sell stuff online? Then you know what a pain the shipping process is. ShipStation was created to make your life easier. Whether you’re selling on eBay, Amazon, Shopify, or over 100 other popular selling channels, ShipStation lets you access all of your orders from one simple dashboard, and it works with all of the major shipping carriers, locally and globally, including FedEx, UPS, and USPS. Tim Ferriss Show listeners get to try ShipStation free for 60 days by using promo code TIM. There’s no risk, and you can start your free trial without even entering your credit card info. Just visit ShipStation.com, click on the microphone at the top of the homepage, and type in TIM! *** If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading the reviews! For show notes and past guests, please visit tim.blog/podcast. Sign up for Tim’s email newsletter (“5-Bullet Friday”) at tim.blog/friday. For transcripts of episodes, go to tim.blog/transcripts. Discover Tim’s books: tim.blog/books. Follow Tim: Twitter: twitter.com/tferriss Instagram: instagram.com/timferriss Facebook: facebook.com/timferriss YouTube: youtube.com/timferriss Past guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, and many more. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Naval Ravikant

Co-founder and Former CEO

AngelList

Today’s episode is a double header. Sam Parr (@theSamParr) is out today, so Shaan Puri (@ShaanVP) hosts the pod today with two guests Xavier Helgesen (@XavierHelgesen) Co-CEO of Enduring Ventures and Avlok Kohli (@Avlok) CEO of AngelList. In today’s episode you’ll hear: Avlok gives his background on how he became CEO of AngelList (1:55), Shaan asks Avlok how he Fast Buy got acquired so fast (6:15), Avlok shares some ideas he has for the future of business (11:15), Shaan and Avlok talk about how to improve meetings (13:20), Shaan asks Avlok some of the cool companies he’s seen at AngelList (18:45), Shaan asks “What’s it like working with Naval?” (23:20), Shaan and Avlok talk about the problems with traditional funds and the potential with rolling funds (25:30). Shaan interviews Xavier Helgesen (54:52), Xavier gives his background (55:40), Shaan asks Xavier about his solar company in Africa (56:40), Xavier talks about his CFO-brain and how it’s helped his career (59:30), Shaan asks Xavier what he’s interested in lately (61:00), Xavier tells about his acquisition of UpCouncil (66:55), Shaan asks Xavier how to implement a profit-sharing company (78:20), Shaan explains how local and neighborhood networks are simple and profitable (85:10), Xavier explains what he looks at in financial statements when looking at a companies to acquire (68:28), Shaan asks Xavier if he has an opinion on SPACs (95:15), Xavier gives a list of a few books that every entrepreneur should read (102:45). This episode is presented by Tempo! Check them out at tempo.fit and use code "TempoHustle" for $100 off. Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.

Avlok Kohli

CEO

AngelList

Xavier Helgesen

Co-CEO

Enduring VenturesZola Electric

Welcome to another episode of The Tim Ferriss Show! It will feature some of my favorite advice and profiles from Tribe of Mentors. Thousands of you have asked for years for the audiobook versions of Tools of Titans and Tribe of Mentors, and they are now both finally available at audible.com/ferriss. Today’s episode will focus on my first chapter in Tribe of Mentors, as well as the profiles of Naval Ravikant, Susan Cain, and Yuval Noah Harari. Just a few notes on the format before we dive in: I recorded the introduction and selected three fantastic, top-ranked narrators to handle the rest. The short bios, which you will hear at the beginning of each profile, are read by Kaleo Griffith. Ray Porter reads my words as well as those of the male guests. The words of the female guests are performed by Thérèse Plummer. Tribe of Mentors is the ultimate choose-your-own-adventure book—a compilation of tools, tactics, and habits from more than 100 of the world's top performers. From iconic entrepreneurs to elite athletes, from artists to billionaire investors, their short profiles can help you answer life's most challenging questions, achieve extraordinary results, and transform your life. I am really happy with how the book turned out, and the universe helped me pull off some miracles for Tribe of Mentors (e.g. Ben Stiller, Temple Grandin, Ayaan Hirsi Ali, Yuval Noah Harari, who you will hear in this episode, Arianna Huffington, Marc Benioff, Terry Crews, Dan Gable, and many more). It includes many of the people I grew up viewing as idols or demi-gods. So, thanks, universe! And if you only get one thing out of this book, let it be this: In a world where nobody really knows anything, you have the incredible freedom to continually reinvent yourself and forge new paths, no matter how strange. Embrace your weird self. There is no one right answer… only better questions. I wish you luck as you forge your own path. Please enjoy this episode, and if you’d like to listen to the other 100-plus profiles from Tribe of Mentors, please check out audible.com/ferriss. *** If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. For show notes and past guests, please visit tim.blog/podcast. Sign up for Tim’s email newsletter (“5-Bullet Friday”) at tim.blog/friday. For transcripts of episodes, go to tim.blog/transcripts. Interested in sponsoring the podcast? Please fill out the form at tim.blog/sponsor. Discover Tim’s books: tim.blog/books. Follow Tim: Twitter: twitter.com/tferriss Instagram: instagram.com/timferriss Facebook: facebook.com/timferriss YouTube: youtube.com/timferriss Past guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, and many more. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Naval Ravikant

Co-founder and Former CEO

AngelList

Today I'm at AngelList HQ in San Francisco for a bit of a reunion with two friends and investors: Parker Thompson and Erik Torenberg. Parker Thompson is a partner at AngelList and early stage investor. Prior to joining the family here (Product Hunt is an AngelList company), he was a partner at 500 Startups where he invested in Erik's first company, among many others. Before that, Parker spent six years at Pivotal Labs. As you'll hear, he's also behind the popular Twitter account @StartupLJackson. Erik Torenberg is co-founder and partner at Village Global, a network-driven venture firm. He is also co-founder and chairman of crypto company TokenDaily and On Deck, a community of top talent looking to start or join their next company. Erik was actually the first full-time teammate to join me at Product Hunt and prior to that, he co-founded rapt.fm, an app for participating in live online rap battles. In this episode we talk about: How investors choose which companies to bet on, including how investors think about investing in companies with distributed teams. We also run through the lessons learned from the early stage investing Parker, Erik and I have done and discuss the strategies founders should use when pricing their initial fundraising rounds. The emergence of crypto and whether it will pose a threat to Facebook as well as the challenges Facebook faces in trying to regulate what can and can't be said on their platform. We also talk about when decentralization makes sense and why some of the benefits of centralization might be overlooked in the rush to decentralize. How new business opportunities emerge through platform shifts, including whether voice as a platform is finally seeing its often-forecasted and much-anticipated shift to the mainstream. Erik and Parker also run through some of their requests for products. Of course, we also talk about some of their favorite products, including a social network for books, an app to help freestyle rappers, and a device that lets you cook food to perfection by vacuum-sealing it and submerging it in hot water. We’ll be back next week so be sure to subscribe on Apple Podcasts, Google Podcasts, Spotify, Breaker, Overcast, or wherever you listen to your favorite podcasts. Also, big thanks to our sponsors, Airtable, GE Ventures, Intercom and Stripe for their support. 😸 Quotes from This Episode “Every time there's a platform shift you sort of have two different types of companies built on the new platform: new-old things — you take legacy products and add internet to it, like Casper, bed plus internet, or Coursera, education plus internet. Then you have the new-new thing — things that could only be created on the new platform, which for the internet is something like eBay or PayPal or Napster.” — Erik “I think just as a macro point, often we're too quick to extrapolate patterns like the new-new versus the new-old and with respect to crypto, I’m old enough to remember the lesson coming out of the 90s that open was always going to win. That’s how we built web 2.0… but then Facebook and Twitter came along… but now open/decentralized is coming back we're and saying actually we were right before and open is the future.” — Parker “You make choices in defaults — these algorithms are choices, and even when you try not to pick winners, you’re still picking winners.” — Parker “A lot of people criticize these incumbents, like Facebook or Amazon, saying these are the rent-seekers taking way too much and that we are going to build a decentralized version of them and pass on all the value to consumers. But what they don’t give enough credit to is that these products already pass along a lot of value to consumers... What I’m excited about with crypto networks is the ability to incentivize a lot more stakeholders, like the early users that contribute a lot to the platform. You have the ability to give upside to a lot more people than just early employees.” — Erik “A puzzle to me is, why is there not a billion dollar exercise video company? It just seems like something that should exist, and the way I think about investing is: you're just wandering through the world and encountering these puzzles and the answers are not obvious but then someone walks in the door with the answer because they’ve figured it out. That's when you get excited and do the deal.” — Parker Companies and Products Mentioned in This Episode Anova — Connected temperature-controlled cooking device. Goodreads — Popular social network for book lovers. Rhymeo — Freestyle app that provides material for your shareable raps. STEEZY — Online dance classes at your own pace. Udemy — Learn anything, on your schedule.

Parker Thompson

Partner

AngelListAntler

Erik Torenberg

Team Member

Product HuntAndreessen HorowitzTurpentineVillage GlobalRapt.fm

Love Unchained? Please take this extremely brief survey to help us obtain more sponsors: https://survey.libsyn.com/unchained The executive chairman of AngelList and partner at crypto hedge fund MetaStable explains how blockchains are changing the entrepreneurship model, his philosophy for crypto investing, and what kind of threat crypto could someday pose to governments. We also dive into why blockchains represent a new form of governance, his philosophy for investing in tokens and why he believes there will only be five or fewer winners among the money-like tokens. Show notes: http://www.forbes.com/sites/laurashin/2017/11/28/naval-ravikant-on-how-crypto-is-squeezing-vcs-hindering-regulators-and-bringing-users-choice/ AngelList: https://angel.co/ MetaStable: http://metastablecapital.com/ CoinList: https://coinlist.co/ https://www.forbes.com/sites/laurashin/2017/05/18/want-to-hold-an-ico-coinlist-makes-it-easy-and-legal/ Zcash: https://z.cash/ BlockStack: https://blockstack.org/ https://www.forbes.com/sites/laurashin/2017/09/05/blockstack-on-how-to-take-control-from-google-facebook-and-amazon/ Bitwise Hold 10: https://www.bitwiseinvestments.com/ https://www.forbes.com/sites/laurashin/2017/10/02/new-crypto-index-fund-to-launch-with-backing-from-naval-ravikant/     Learn more about your ad choices. Visit megaphone.fm/adchoices

Naval Ravikant

Co-founder and Former CEO

AngelList

Welcome to the first episode of Hash Power, an audio documentary that explores the world of blockchain and cryptocurrencies with leaders in the field like Naval Ravikant, Olaf Carlson-Wee, Fred Ehrsam, & Ari Paul. Hash Power is meant to be an introduction, but really, it is an invitation to explore this emerging world on your own.  In the coming weeks, we will cover the technology, the power of decentralization, bitcoin, Ethereum, ICOs, cryptography and hashing. We will spend time with the leading active hedge fund managers in the field, and with outside investors who are both optimistic and skeptical. Episode one covers the big picture, and answers the question: what is blockchain and why might it significantly affect our world? If you enjoy what follows, you’ll still be very early in understanding this field. Most don’t. So help me spread it like wildfire, because the more people that understand blockchain, the better its impact might become. Please enjoy episode one, and stay tuned next week for episode 2, which explores investing in cryptocurrencies. Hash Power is presented by Fidelity Investments   For comprehensive show notes on this episode go to http://investorfieldguide.com/hashpower For more episodes go to InvestorFieldGuide.com/podcast. To get involved with Project Frontier, head to InvestorFieldGuide.com/frontier. Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub. Follow Patrick on Twitter at @patrick_oshag   Books Referenced The Sovereign Individual: Mastering the Transition to the Information Age Nostalgia for the Absolute   Links Referenced Bitcoin: A Peer-to-Peer Electronic Cash System Reddit User jav_rddt SHA-256 Calculator The BitCoin Model for Crowdfunding Fat Protocols #cryptotwitter   Show Notes CHAPTER 1 – Understanding the Concept of Blockchain (3:25) 4:30 – Jeremiah Lowin explains how blockchain is like a database 5:14 – Bitcoin: A Peer-to-Peer Electronic Cash System 5:46 – Owning a digital asset 7:14 – Naval Ravikant, CEO of Angelist on how blockchains can help to create personal networks and organize humans 13:33 – New coins popping up around data storage and utility needs like solar panels 14:57 – Permission vs permissionless networks 18:13 – Keeping track of scarcity and the introduction of tokens 18:51 – The Sovereign Individual: Mastering the Transition to the Information Age 21:55 – The role of blockchains in the informational age and the rise of more individual sovereignty 23:29 - Fred Ehrsam, co-founder of Coinbase, on the increasing shift to digital worlds led by incentive structures   CHAPTER 2 – Blockchain Technology (27:48) 29:09 - Reddit User jav_rddt 30:43 - SHA-256 Calculator 31:53 - Charlie Noyes, Pantera Capital, explains how SHA-256 was developed and what make its so special 35:48 – How miners create new blocks and the incentives to do so 46:54 – Ethereum, the “spiritual successor” to bitcoin 48:36 – How the Ether network is an ecosystem in which other tokens can sit 50:51 - Naval Ravikant on alternative coins or tokens 50:50 - The BitCoin Model for Crowdfunding 52:35 – Fat Protocols 53:22 – Blockchain as an experiment in distributed government 54:47 – How cryptocurrency is more than just technology, it’s a movement 54:50 – Nostalgia for the Absolute 57:27 - #cryptotwitter 1:00:58 - Peter Jubber, of Fidelity, on how huge institutions, like theirs, are getting into the cryptocurrency game 1:05:21- Olaf Carlson-Wee, first employee at Coinbase and the founder of Polychain, on the early excitement for cryptocurrency 1:06:56– Closing thoughts from Patrick Looking to work in this space - hashpowerdeveloper@gmail.com   Learn More For more episodes go to InvestorFieldGuide.com/podcast.  Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub Follow Patrick on twitter at @patrick_oshag

Naval Ravikant

Co-founder and Former CEO

AngelList

Olaf Carlson-Wee

Founder

Polychain Capital

Fred Ehrsam

Co-founder

Coinbase

Ari Paul

Co-founder and CIO

BlockTower Capital

Nick Szabo (@NickSzabo4) is a polymath. The breadth and depth of his interests and knowledge are truly astounding. He's a computer scientist, legal scholar, and cryptographer best known for his pioneering research in digital contracts and cryptocurrency. The phrase and concept of "smart contracts" were developed by Nick with the goal of bringing what he calls the "highly evolved" practices of contract law and practice for the design of electronic commerce protocols between strangers on the Internet. Nick also designed Bit Gold, which many consider the precursor to Bitcoin. This wide-ranging conversation is co-hosted by Naval Ravikant, a mutual friend and one of the most successful investors in Silicon Valley, who also happens to be one of Nick's biggest admirers. We cover a lot, including: What is Bitcoin, what are cryptocurrencies, and what problem do they solve? What is "social scalability?" What is Ethereum and what makes it unique? Strengths and weaknesses? How will smart contracts actually get adopted or go mainstream? What are ICOs (Initial Coin Offerings)? Blockchain governance -- is there any existential risk? "Wet" versus "dry" code Pascal's scams Quantum thought What fields will you be working on in the future? Show notes and links for this episode can be found at www.fourhourworkweek.com/podcast. This podcast is brought to you by FreshBooks. FreshBooks is the #1 cloud bookkeeping software, which is used by a ton of the start-ups I advise and many of the contractors I work with. It is the easiest way to send invoices, get paid, track your time, and track your clients. FreshBooks tells you when your clients have viewed your invoices, helps you customize your invoices, track your hours, automatically organize your receipts, have late payment reminders sent automatically and much more. Right now you can get a free month of complete and unrestricted use. You do not need a credit card for the trial. To claim your free month and see how the brand new Freshbooks can change your business, go to FreshBooks.com/Tim and enter "Tim" in the "how did you hear about us" section. This podcast is also brought to you by Audible. I have used Audible for years, and I love audiobooks. I have two to recommend: The Graveyard Book by Neil Gaiman Vagabonding by Rolf Potts All you need to do to get your free 30-day Audible trial is visit Audible.com/Tim. Choose one of the above books, or choose any of the endless options they offer. That could be a book, a newspaper, a magazine, or even a class. It's that easy. Go to†Audible.com/Tim and get started today. Enjoy. *** If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading the reviews! For show notes and past guests, please visit tim.blog/podcast. Sign up for Tim’s email newsletter (“5-Bullet Friday”) at tim.blog/friday. For transcripts of episodes, go to tim.blog/transcripts. Interested in sponsoring the podcast? Visit tim.blog/sponsor and fill out the form. Discover Tim’s books: tim.blog/books. Follow Tim: Twitter: twitter.com/tferriss Instagram: instagram.com/timferriss Facebook: facebook.com/timferriss YouTube: youtube.com/timferriss Past guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, and many more. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Nick Szabo

Computer Scientist and Cryptographer

Naval Ravikant

Co-founder and Former CEO

AngelList

Naval Ravikant is the CEO and a co-founder of AngelList, where the world meets startups either to find great jobs, invest in startups or raise funding. Before AngelList, he co-founded Epinions, which went public as part of Shopping.com, and Vast.com. He is an active angel investor and has invested in more than 100 companies, including more than a few "unicorn" mega-successes. His deals include Twitter, Uber, Yammer, Postmates, Wish, Thumbtack, and OpenDNS, which Cisco just bought for $635 million in cash. In Today's Episode You Will Learn: 1.) How Naval made his way into angel investing and came to found AngelList? 2.) Question from Parker Thompson: How does Naval internalize the power law math and how does that affect his ability to pick the best companies? 3.) Why does Naval believe venture to be a bundle of advice, control and money? How does that affect his thought process surrounding what makes a good investor? 4.) Why does Naval believe we will see the unbundling of VC firm brands and the rise of personal partner brands? How will this affect access to proprietory deal flow? 5.) Question from Jonathan Abrams @ Nuzzel: What is the vision for AngelList? How much further up the funding stack can AngelList go? Items Mentioned In Today's Show: Naval's Fave Book: Sapiens: A Brief History of Humankind Naval's Fave Blog: Farnham Street As always you can follow Harry, The Twenty Minute VC and Naval on Twitter here! Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC. Foundersuite makes the leading CRM for raising startup capital. Since March of 2016, Foundersuite customers have raised over $130M in seed and venture capital. Foundersuite's CRM sits on a database of over 50,000 investors, which will help you quickly populate your fundraising funnel including a beautiful and easy-to-use investor update tool, and the recently launched a new portal that helps investors and accelerators track their portfolio companies on a single dashboard. For a whopping 40% off a Monthly or Annual subscription use the code "20MinuteVC" at checkout. Greenhouse Software designs tools that help companies hire great people and ultimately build better businesses. Greenhouse works with over 1,500 of the world's most innovative companies such as Airbnb, Slack, Snap Inc. and Lyft. A wrong hire is not only costly for a company but can also turn an employee into an unhappy one. With Greenhouse's Applicant Tracking System, companies can make well-informed decisions and hire qualified candidates who are empowered to do the best work of their careers. Anybody who has a company that's scaling quickly but has trouble hiring and retaining the right people. Visit www.greenhouse.io today to discover how your company can grow.

Naval Ravikant

Co-founder and Former CEO

AngelList

Jerzy Gregorek (@TheHappyBody) immigrated from Poland to the United States with his wife, Aniela, in 1986 as political refugees. He subsequently won four World Weightlifting Championships and established one world record. In 2000, Jerzy and Aniela founded UCLA's weightlifting team. As co-creator of The Happy Body Program, Jerzy has been mentoring people for more than 30 years. In 1998, Jerzy earned an MFA in writing from the Vermont College of Fine Arts. His poems and translations have appeared in numerous publications, including The American Poetry Review. His poem Family Tree was the winner of Amelia magazine's Charles William Duke Long Poem Award in 1998. Naval Ravikant (@naval) also joins us on this podcast, as he introduced me to Jerzy. Naval is the CEO and a co-founder of AngelList. He is an active angel investor and has invested in more than 100 companies. His deals include Twitter, Uber, Yammer, Postmates, Wish, Thumbtack, and OpenDNS, which Cisco bought for $635 million in cash. As always, I hope you enjoy this episode! Show notes and links for this episode can be found at www.fourhourworkweek.com/podcast. This podcast is brought to you by Audible. I have used Audible for years, and I love audiobooks. I have two to recommend: The Graveyard Book by Neil Gaiman Vagabonding by Rolf Potts All you need to do to get your free 30-day Audible trial is go to Audible.com/Tim. Choose one of the above books, or choose any of the endless options they offer. That could be a book, a newspaper, a magazine, or even a class. It's that easy. Go to Audible.com/Tim and get started today. Enjoy. This podcast is also brought to you by Wealthfront. Wealthfront is the future of financial advice. It's become especially popular among my friends in Silicon Valley and across the country because it provides the same high-end financial advice that the best private wealth managers deliver to the ultra wealthy -- but for any account size, at a fraction of the cost. Wealthfront monitors your portfolio every day across more than a dozen asset classes to find opportunities for rebalancing and harvesting tax losses, and now manages more than $5B in assets. Unlike old-fashioned private wealth managers, Wealthfront is powered by innovative technology, making it the most tax-efficient, low-cost, hassle-free way to invest. Go to wealthfront.com/tim to take the risk assessment quiz, which only takes 2-5 minutes, and it'll show you -- for free -- exactly the portfolio it would recommend. If you want to just take the advice and do it yourself, you can. Or, as I would, you can set it and forget it. Well worth a few minutes: wealthfront.com/tim. As a Tim Ferriss Show listener, you'll get your first $15,000 managed for free if you decide to go with its services. *** If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading the reviews! For show notes and past guests, please visit tim.blog/podcast. Sign up for Tim’s email newsletter (“5-Bullet Friday”) at tim.blog/friday. For transcripts of episodes, go to tim.blog/transcripts. Interested in sponsoring the podcast? Visit tim.blog/sponsor and fill out the form. Discover Tim’s books: tim.blog/books. Follow Tim: Twitter: twitter.com/tferriss Instagram: instagram.com/timferriss Facebook: facebook.com/timferriss YouTube: youtube.com/timferriss Past guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, and many more. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Naval Ravikant

Co-founder and Former CEO

AngelList

Parker Thompson is a Partner @ AngelList and creator of popular parody Twitter Account, Startup L Jackson. At AngelList Parker has made investments in the likes of former guests, Algolia, Realty Shares and Keen IO. Prior to joining AngelList, Parker was a Partner at 500 Startups in SF and his illustrious path prior to investing includes Pivotal Labs, co-founding PlaceSite, preserving the interwebs at the Internet Archive, and working on digital copyright at UC Berkeley's iSchool. In Today's Episode You Will Learn: 1.) How Parker made his way into the world of early stage investing from the world of operations? 2.) How does Parker look to evaluate startup founders? What questions does he like to ask? What traits does he like to see in the core exec? 3.) Why does Parker think "not enough traction" is a BS VC excuse? How should VC's approach saying no to founders? What are the real reasons a VC is saying no in this case? 4.) Why does Parker believe the jump to Series A is bigger than ever? What has caused this? What metrics do startups have to achieve to make this move successfully? 5.) How should founders determine how much money to raise? If they can should they raise a 'warchest'? Why should founders not be concerned with dilution in the early days? Items Mentioned In Today's Show: Parker's Fave Blog: Stratechery, Nuzzel Parker's Fave Book: The Modernist Cuisine Parker's Most Recent Investment: Common Networks As always you can follow Harry, The Twenty Minute VC and Parker on Twitter here! Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC. Pearl believes the latest automotive technology should be available to every driver – whether it's time for you to buy a new car or not. RearVision is our first step in driving this commitment forward. Pearl RearVision is the only wireless backup camera and alert system that installs in minutes and updates throughout its lifetime. Pearl literally takes less than 10minutes to install and is completely wireless because it's solar powered. Since RearVision is software based, we're able to push updates and new features over the Pearl App in the exact same way you receive updates for other apps on your phone. Pearl RearVision is perfect for anyone who wants to upgrade their car in minutes. Pearl RearVision is $499.99 and available at PearlAuto.com. It's also available on Amazon and through Crutchfield. Xero is beautiful, easy-to- use online accounting software for small businesses. With Xero, you can easily manage your accounting anytime, anywhere from your computer or mobile device.When you add Xero to your small business you are able to: Send online invoices and get paid faster. Get an instant view of your cash flow. Track your payroll and keep tabs on your inventory. Partner with your accountant and bookkeeper in real time whenever you like. You can also customize your Xero experience with over five hundred business apps, including advanced solutions for point-of- sale, time tracking, ecommerce and more. Sign up for a free thirty-day trial at xero.com/20vc

Parker Thompson

Partner

AngelListAntler

When a guest is nominated for "Podcast of the Year," that's usually a good sign to bring them to the show for more. That's why Naval Ravikant (@naval) is back, and this time, he's answering your questions. For those of you that missed round 1, Naval is the CEO and a co-founder of AngelList. He has invested in more than 100 companies, including more than a few “unicorn” mega-successes. Maybe most importantly, he has developed a diverse set of skills and knowledge that are invaluable. Even if you have no interest in startups or investing, this will be well worth your time. In this episode, Naval answers your top 10 questions from Reddit, including topics such as, Artificial intelligence Most recommended books Happiness hacks Conflict resolution Startup tips And much, much more... Enjoy these fascinating insights from Naval. Show notes and links for this episode can be found at www.fourhourworkweek.com/podcast. This podcast is also brought to you by Wealthfront. Wealthfront is a massively disruptive (in a good way) set-it-and-forget-it investing service, led by technologists from places like Apple and world-famous investors. It has exploded in popularity in the last 2 years and now has more than $2.5B under management. In fact, some of my good investor friends in Silicon Valley have millions of their own money in Wealthfront. Why? Because you can get services previously limited to the ultra-wealthy and only pay pennies on the dollar for them, and it’s all through smarter software instead of retail locations and bloated sales teams. Check out wealthfront.com/tim, take their risk assessment quiz, which only takes 2-5 minutes, and they’ll show you—for free–exactly the portfolio they’d put you in. If you want to just take their advice and do it yourself, you can. Or, as I would, you can set it and forget it. Well worth a few minutes: wealthfront.com/tim. This podcast is brought to you by Athletic Greens. I get asked all the time, “if you could only use one supplement, what would it be?” My answer is, inevitably, Athletic Greens. It is my all-in-one nutritional insurance. I recommended it in The 4-Hour Body and did not get paid to do so. Get 50% off your order at Athletic Greens.com/Tim. *** If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading the reviews! For show notes and past guests, please visit tim.blog/podcast. Sign up for Tim’s email newsletter (“5-Bullet Friday”) at tim.blog/friday. For transcripts of episodes, go to tim.blog/transcripts. Interested in sponsoring the podcast? Visit tim.blog/sponsor and fill out the form. Discover Tim’s books: tim.blog/books. Follow Tim: Twitter: twitter.com/tferriss Instagram: instagram.com/timferriss Facebook: facebook.com/timferriss YouTube: youtube.com/timferriss Past guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, and many more. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Naval Ravikant

Co-founder and Former CEO

AngelList

Philipp Moehring is Head of AngelList Europe and their first European hire, a role he has had since Jan 2014. Whilst being Head of AngelList Europe, he is also Venture Partner for 500 Startups and prior to 500 and AngelList, Philipp was a Principal at Seedcamp and has been involved in more than 100 startups since becoming an investor. For anyone looking to join an AngelList syndicate, absolutely check out Philipp’s here! A special thank you to Mattermark for providing all the data displayed in today's show and you can find out more about Mattermark here! In Today's Episode You Will Learn: 1.) How Philipp made it into startups and investing with AngelList and now 500? 2.) In a recent post Philipp said that management consulting, investment banking and accounting were the worst backgrounds for VCs. Why do you think this and where would you like to see the new breed of VCs emerging from? 3.) Considering your work with AngelList, how do you think the US investing scene differs from the European? Why are we seeing this sudden influx of US capital into European markets? What is driving this influx? 4.) The recent £400m that AngelList received from CSC, Philipp tells us a little more about this and what it means for European companies? 5.) How does Philipp's role with 500 integrate with the AngelList model? How does Philipp split the time? Is Philipp ever concerned that with the dominance of syndicates in the years to come, VCs will become non existent? Items Mentioned In Today's Episode: Philipp's Fave Book: Snow crash, Follow Philipp on GoodReads Here Philipp's Fave Blog or Newsletter: Brad Feld's: Feld Thoughts Philipp's Biggest Productivity Tips: SelfControl (Mac) As always you can follow The Twenty Minute VC, Harry and Philipp on Twitter here! If you would like to see a more colourful side to Harry with many a mojito session, you can follow him on Instagram here!

Philipp Moehring

Head of AngelList Europe

AngelList

Naval Ravikant (@naval) is the CEO and a co-founder of AngelList. He previously co-founded Epinions, which went public as part of Shopping.com, and Vast.com. He is an active angel investor and has invested in more than 100 companies, including more than a few “unicorn” mega-successes. His deals include Twitter, Uber, Yammer, Postmates, Wish, Thumbtack, and OpenDNS, which Cisco just bought for $635 million in cash. You can find many more examples here, but suffice to say — he’s really, REALLY good at start-up investing. In this episodes you'll discover: How AngelList and Venture Hacks came to be What Naval looks for when deciding to invest in a founder Common "wives tales" in venture capital How to replace bad habits with good habits How to set stakes and awards And much, much more... Links, resources, and show notes from this episode can be found at http://fourhourworkweek.com/podcast This episode is sponsored by 99Designs, the world’s largest marketplace of graphic designers. Did you know I used 99Designs to rapid prototype the cover for The 4-Hour Body? Here are some of the impressive results. Click this link and get a free $99 upgrade. Give it a test run... This podcast is also brought to you by Athletic Greens. I get asked all the time, “If you could only use one supplement, what would it be?” My answer is, inevitably, Athletic Greens. It is my all-in-one nutritional insurance. I recommended it in The 4-Hour Body and did not get paid to do so. Get 50% off your order at Athletic Greens.com/Tim Enjoy! *** For show notes and past guests, please visit tim.blog/podcast. Sign up for Tim’s email newsletter (“5-Bullet Friday”) at tim.blog/friday. For transcripts of episodes, go to tim.blog/transcripts. Interested in sponsoring the podcast? Visit tim.blog/sponsor and fill out the form. Discover Tim’s books: tim.blog/books. Follow Tim: Twitter: twitter.com/tferriss Instagram: instagram.com/timferriss Facebook: facebook.com/timferriss YouTube: youtube.com/timferriss Past guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, and many more. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Naval Ravikant

Co-founder and Former CEO

AngelList

Doug Scott has one of the largest AngelList syndicates, now with an incredible £396,000 in his. Doug is one of first investors in Techstars, Ignite.io and Entrepreneurs First in Europe ( still an investor in all 3 ). Prior to angel investing Doug founded several internet companies based in the UK, carrentals.co.uk - over 1 million rentals, discountvouchers.co.uk - 6 million subscribers, timetobreak.com - over 5 milion page views per day. In today's discussion Harry and delves into what Doug really expects from founders, how Doug would like to be pitched by prospective startups, is AngelList challenging the VC model, what investors and startups can expect from Doug's syndicate, his biggest tip to an aspiring entrepreneur and much more... Items Mentioned in Today's Show: Doug's AngelList Syndicate, Gil Dibner's AngelList Syndicate, Tim Jackson AngelList Syndicate Oxygen Accelerator, Jon Bradford, Springboard Cashkaro, Meals, Lifebox, Chew You can follow Harry, The Twenty Minute VC and Doug on Twitter here!

Doug Scott

Angel Investor

AngelList

Before Product Hunt, I occasionally browsed AngelList, hunting for new startups for fun. As a long-time fan, I'm honored to have Naval Ravikant (Co-founder, AngelList) and Joshua Slayton (Venture Hacker, AngelList) on the show. We chatted about what AngelList really is, time-saving apps, and a few crazy products you wouldn't believe exist. Products mentioned: - Yo PRODUCT HUNTED (http://www.producthunt.com/posts/yo-producthunted) - Get a Yo whenever there's a Product Hunt with > 100 upvotes - Notational Velocity (http://notational.net/) - Modeless, mouseless Mac OS X note-taking application - Clear (http://realmacsoftware.com/clear) - Simple, beautiful mobile to-do list - Timeful (http://www.producthunt.com/posts/timeful) - Intelligent Time Management - Secret (http://www.producthunt.com/posts/secret) - Share anonymously with your friends. Speak freely. - Dark Sky (http://www.producthunt.com/posts/dark-sky) - Weather app that predicts when it will rain or snow - Yo (http://www.producthunt.com/posts/yo) - A simple app to say "yo" to friends - Inside 2.0 (http://www.producthunt.com/posts/inside-2-0) - Curating the best journalism in real-time - Sprig (http://www.producthunt.com/posts/sprig) - Hand-crafted dinners on demand - Spoonrocket (http://www.producthunt.com/posts/spoonrocket) - Most convenient meal ever. $6 delivered. - Order Ahead (https://www.orderaheadapp.com/) - Order pickup from great businesses nearby - HotelTonight (http://www.hoteltonight.com/) - Last-minute hotel deals. Tonight. - Homejoy (http://www.producthunt.com/posts/homejoy) - Get Your Place Cleaned - Flytenow (http://www.producthunt.com/posts/flytenow) - Go flying with local pilots - Hitch (http://www.producthunt.com/posts/hitch) - An affordable way to get around SF by sharing your ride. - Sidecar Shared Rides (http://www.producthunt.com/posts/sidecar-shared-rides) - Sidecar offers "Shared Rides" - Bandwagon (http://www.producthunt.com/posts/bandwagon) - Share cabs. Save money. - Sweetch (http://www.producthunt.com/posts/sweetch) - Park on-street instantly in SF - Faraday Bikes (http://www.faradaybikes.com/) - Lightweight, inconspicuous electric bicycles - Airpnp (http://www.producthunt.com/posts/airpnp) - Airbnb for toilets. Intro/outro music by eldienneproductions - https://soundcloud.com/eldienneproductions/hip-hop-beat-instrumental

Naval Ravikant

Co-founder and Former CEO

AngelList

Joshua Slayton

Venture Hacker

AngelList