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Noah Kagan Presents

Lessons To Learn From Billion Dollar Startups

Noah Kagan Presents

Noah Kagan

Entrepreneurship, Business

4.71K Ratings

🗓️ 14 January 2021

⏱️ 43 minutes

🧾️ Download transcript

Summary

Garry Tan is the co-founder of Initialized Capital - an early stage venture capital fund that invested early in companies like Coinbase and Instacart.

He previously co-founded Posterous, and PostHaven (acquired by Twitter for $20M), and was also a Y Combinator partner from 2011-2015.

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https://okdork.com/podcast/182

Transcript

Click on a timestamp to play from that location

0:23.1

well everyone can sort of you know look at the pedestal and they're like look like they did it I want that right what they miss is like there's like so much stuff of like it doesn't work and we're gonna die and I'm gonna lose all my money and I'm going to lose all my investor money and my parents put money into this or whatever it is, you know, it's like my, you know, my friends put money into this or I'm going to lose everything. There's sort of like that moment for like 10 years.

0:26.3

And then at some point, like a few things break

0:28.7

and then it's like, oh, it's working, product market fit.

0:35.0

What is up you beautiful bastards? It is your boy Keshoe, aka Rabbi Cantlows,

0:38.0

aka Noah Kagan.

0:39.0

In today's episode, I talked to Gary Tan.

0:41.0

We've been internet friends for many many years but finally

0:43.7

got a catch up and hot damn Gary is so amazing. He was early at Palantier, sold a company to

0:49.3

Twitter, was a partner at Y Combinator, Now he runs a really successful venture fund

0:53.8

that's done companies like coinbase and Instacart.

0:56.4

He also has one of my favorite YouTube channels,

0:58.4

YouTube.com slash Gary with 2R's 10.

1:01.7

To help people on their startup journeys.

1:03.0

He could seriously charge a lot of money for what he is giving out,

1:06.0

but for some stupid reason he wants to help the world for free.

1:09.0

If you ever want to learn about building billion dollar startups, chill vibes,

1:12.0

and more.

1:12.6

You'll love this episode.

1:13.9

Here's three gigantic things you're going to take away.

1:15.6

Number one, the early stories of billion dollar companies.

1:18.4

Dose, finding your edge in business.

1:20.8

And three, how Instacart almost didn't get funded.

...

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