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Podcast: My First Million
Episode: 5 Startups That Looked Dumb—Until They Were Worth Billions
Description: 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:
• Want Sam's Playbook to Uncover Business Opportunities? Get it here: https://clickhubspot.com/bzo
• “How to miss by a mile” - https://tinyurl.com/2rxubfwa
• Leaked...