#178 with Balaji - Balaji on How to Fix the Media, Cloud Communities & Crypto
Explicit content warning
05/05/21 • 158 min
2 Listeners
Shaan (@ShaanVP) and Sam (@TheSamParr) host Balaji (@balajis) this episode. This is an amazing dive into Balaji's mind. He talks about the current issues with the media and how he's hoping to fix it with crypto and the blockchain. We also get a look at how he views the world, what motivates him, what he's been wrong about as well as the massive shifts he sees happening.
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Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/
Support the pod by spreading the word, become a referrer here: https://refer.fm/million
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Show notes:
(0:00) Intro
(2:30) Balaji's background
(7:33) Why Balaji started a newsletter: 1729
(22:40) The media and its biases
(31:58) Balaji on memes and their importance
(37:45) What the future of media looks like and the role of crypto
(56:26) When did Balaji get into crypto?
(1:01:30) Sam asks Balaji what motivates him
(1:11:50) How the world is changing and becoming more Balaji-like
(1:19:39) What would 21 year-old Balaji work on?
(1:22:46) Why geographical proximity is no longer linked to cultural proximity
(1:26:25) How we can align incentives between tech and everyone else
(1:32:30) Balaji on crypto-social networks
(1:37:30) How Balaji operates day-to-day and "the idea maze"
(1:47:33) The importance of finding the right place to live
(1:57:30) What it's like to talk to Balaji
(2:02:08) What has Balaji been wrong about?
(2:11:00) Science vs. math: getting to the truth
(2:21:10) Balaji asks Sam for newsletter advice
(2:24:40) What are Balaji's guilty pleasures
Shaan (@ShaanVP) and Sam (@TheSamParr) host Balaji (@balajis) this episode. This is an amazing dive into Balaji's mind. He talks about the current issues with the media and how he's hoping to fix it with crypto and the blockchain. We also get a look at how he views the world, what motivates him, what he's been wrong about as well as the massive shifts he sees happening.
---------
Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/
Support the pod by spreading the word, become a referrer here: https://refer.fm/million
Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas.
---------
Show notes:
(0:00) Intro
(2:30) Balaji's background
(7:33) Why Balaji started a newsletter: 1729
(22:40) The media and its biases
(31:58) Balaji on memes and their importance
(37:45) What the future of media looks like and the role of crypto
(56:26) When did Balaji get into crypto?
(1:01:30) Sam asks Balaji what motivates him
(1:11:50) How the world is changing and becoming more Balaji-like
(1:19:39) What would 21 year-old Balaji work on?
(1:22:46) Why geographical proximity is no longer linked to cultural proximity
(1:26:25) How we can align incentives between tech and everyone else
(1:32:30) Balaji on crypto-social networks
(1:37:30) How Balaji operates day-to-day and "the idea maze"
(1:47:33) The importance of finding the right place to live
(1:57:30) What it's like to talk to Balaji
(2:02:08) What has Balaji been wrong about?
(2:11:00) Science vs. math: getting to the truth
(2:21:10) Balaji asks Sam for newsletter advice
(2:24:40) What are Balaji's guilty pleasures
Previous Episode
Rewind #1: How to Sell a Failing Company for $100 million
Next Episode
#179 - How the UFC Became a Multi-Billion Dollar Brand, No-loss Lotteries Explained & How to Save on Your Taxes
With Endeavor's IPO, Shaan (@ShaanVP) and Sam (@TheSamParr) break down the UFC's numbers and how it got so profitable. Key to the whole thing: Dana White. He bought the UFC for $2m and turned it into a multi-billion empire. The guys also talk about the mental toughness of UFC fighters and how you can take some of these same principals and apply them to your life. They also talk about an interesting concept called no-loss lotteries and a company trying to save you taxes.
---------
Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/
Support the pod by spreading the word, become a referrer here: https://refer.fm/million
Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas.
---------
Show notes:
(3:28) How to retain talent
(7:42) The mental toughness of UFC fighters
(15:30) The power of self-talk
(24:20) How the UFC got so profitable
(36:38) How this company will help you save taxes
(41:05) What are no-loss lotteries?
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Show links:
https://twitter.com/lay2000lbs
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