Panic with Friends - Howard Lindzon: Recent Episodes
Stocktwits
Hello, I’m Howard. I’ve been a financial industry entrepreneur and investor for over 20 years. I am a General Partner at Social Leverage - we invest in seed stage software companies. I was a co-founder of Stocktwits and a seed investor in Robinhood and Etoro. On this podcast, you will hear interviews with great entrepreneurs, investors, venture capitalists, traders, and friends about their companies, their track records, and their new fave ideas and trends. This includes best ideas, worst investments, biggest failure, daily habits, and recommended reading. I know your time is precious, so I promise to keep it simple and on point.
No, you haven’t entered the Twilight Zone. Yes, I’m the host of Panic with Friends, but in today’s special episode, I’m the guest. My producer Knut Jensen has turned the tables and put me in the hot seat. With so many questions about how and why I started Wallstrip, I felt it was time to lay it all out. And hopefully this answers a lot of those questions. We cover the good, the bad, and the funny times building my first internet company – and how those lessons carried over when I started Stocktwits – lessons like finding the right mentor and having domain experience around an idea, and the three key ingredients: product, team and timing. It’s a different spin on Panic with Friends where we’re going back and telling these types of stories with our best founders, so you’ll be seeing more episodes like this in the future. And of course, the big question on Wallstrip, would I do it again? You’ll have to listen to find out! Guest - Howard Lindzon, General partner at Social Leverage and Host of Panic With Friends Podcast Co-host - Knut Jensen howardlindzon.com, socialleverage.com, stocktwits.com youtube.com/channel/UCGEU5Xa_5HKMb6gEFfGYdTw/videos Twitter: @howardlindzon, @PanicwFriends, @knutjensen linkedin.com/in/howardlindzon linkedin.com/company/socialleverage linkedin.com/in/knutejensen
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
Introduction (00:27)
Coming up with Wallstrip (01:42)
Starting with GolfNow (07:55)
YouTube becomes a thing (10:27)
Cold pitching Fred Wilson (11:59)
Raising funds (15:08)
Finding the team (18:34)
The formula (22:36)
Gaining traction (25:13)
Would I do it again? (27:09)
My ‘growth hack’ (30:24)
The ‘moment’ it’s successful (31:10)
Now the pressure is on (32:36)
The right kind of attention (31:54)
Dealing with haters (33:56)
Sell or grow (38:14)
The Jim Cramer spoof (39:21)
My Costanza moment (41:04)
CBS acquires Wallstrip (41:30)
The right people domain experience (44:29)
Wrapping up (46:35)
Closing thoughts (46:56)
When Knut and I started Panic with Friends at the beginning of the pandemic, it was just that – panicking with a few friends on what was happening in the market. I don’t think either of us knew how successful the podcast would become over three years later. My good friend Jeff RIchards of GGV Capital made several appearances on the show in the early days, but we last had him on in January of 2022. In that episode, Jeff helped me frame the selloff and gave me a big picture view on the fundamentals versus where valuations were at the time. After a year or so where we were all just licking our wounds, I thought it was high time to get Jeff back on the show to get a handle on repositioning ourselves for what the future might look like. Guest - Jeff Richards, Managing partner at GGV Capital howardlindzon.com, ggvc.com Twitter: @howardlindzon, @jrichlive, @GGVCapital, @PanicwFriends, @knutjensen linkedin.com/in/jeffrichards
fintech #invest #investment #venturecapital #stockmarket #finance
Time Stamps:
Intro (00:41)
Welcome back Jeff (03:42)
Investing in growth (04:10)
The next bull market (05:41)
Impact of higher rates (06:23)
Funding landscape (7:01)
Potential of generative AI (07:54)
App distribution constraints (08:47)
Embracing AI (10:46)
Contrast now and tech in 99/00 (13:40)
AI and physical brands (14:36)
Advice of the younger generation (15:52)
Growth in golf and pickleball (18:21)
Reimaging sports with infused tech (19:53)
GGV’s focus (20:10)
Founder/Startup headwinds (20:59)
Measuring VC success (22:09)
Looking ahead (24:33)
Looking at fintech & proptech (25:21)
Impact of higher interest rates (26:30)
Travel is booming (27:07)
Opportunity in ‘Treasury Management (29:26)
Record growth in SMBs (31:05)
Seeing a renaissance of innovation (32:31)
Hoping for innovation in healthcare (50:31)
Wrapping up (52:10)
Outro (53:10)
Ben Hunt of Epsilon Theory is back on Panic for a record-breaking sixth time! He may be the smartest guy I know, which is why I keep having him on. He’s just an explainer – the way he explains things very easily – and I like complex things explained simply. Ben is a former Professor, a beekeeper, and a market lover. He’s the co-founder and CIO of Epsilon Theory, where he writes outstanding essays about narratives in the market – backed up by data. I wanted to catch up with him to weigh in on my themes for the next 10 years in an America that’s becoming what I call the Rich, Angry, Degenerate economy. There are a lot of narratives to talk about; Ben was unfortunately right on the one that was inflation. And we get into the latest narrative around the U.S. dollar. You’re really going to learn a lot. Enjoy! Guest - Ben Hunt, Co-Founder and Partner at Second Foundation Partners, Author and Co-Founder at Epsilon Theory howardlindzon.com, epsilontheory.com Twitter: @howardlindzon, @epsilontheory, @PanicwFriends, @knutjensen linkedin.com/in/bhunt
fintech #invest #investment #venturecapital #stockmarket #finance
Time Stamps:
Intro (00:42)
Welcome back Ben (07:05)
Gold as a metaphor for the economy (08:32)
GFC was different (09:49)
“Fiat” news (10:50)
Rational optimism (14:24)
The Peter Thiel Industrial Complex (18:19)
Rich Man, Angry Man, Degenerate Man Economy (23:07)
We’re treated as a cog in a powerful machine (27:09)
The inflation narrative (27:59)
The de-dollarization narrative (31:06)
Who’s Chamath? (35:36)
Internet trolls (37:37)
Generative AI (38:30)
Astroturf campaigns (40:25)
Why ‘they’ create chaos (41:27)
Ruthless pursuit of creativity (43:37)
European companies (45:59)
Time to get back to work (47:04)
Intersection of narratives and markets (48:38)
Wrapping up (52:08)
Outro (53:16)
My good friend and fishing buddy Lewis Johnson of Capitol Wealth Advisors is back on Panic with Friends for a fourth round, slowly catching up to our leader, Ben Hunt. Way back when Lewis was first on the show rates were zero going to negative. When he was last here in November of 2022, we touched on the Madoff Moment that was FTX, and talked about how to position ourselves moving into 2023. Lewis understands cycles. As we head into the summer with gold breaking out into all-time highs, I wanted to catch up with Lewis to discuss this potential breakout and how to play this cyclical trade. Guest - Lewis Johnson, CIO at Capital Wealth Advisors howardlindzon.com, capitalwealthadvisors.com blog.capitalwealthadvisors.com/trends-tail-risks Twitter: @howardlindzon, @PanicwFriends, @TrendsTailRisks, @knutjensen linkedin.com/in/lewismjohnson
fintech #invest #investment #venturecapital #stockmarket #finance
Time Stamps:
Intro (00:39)
Welcome back Lewis (08:39)
Heading into Summer 2023 (09:54)
Overstaying leadership (12:55)
Tech theme bleeding out? (17:49)
Looking at past crises (18:49)
Quiet rise of gold (20:14)
Recent trends (22:39)
Exposure to precious metals (23:51)
Number one driver of long-term returns (26:39)
FED raise until it breaks (28:24)
Can banks profitably lend? (29:44)
Tech driven / consumer discretionary market (31:24)
Limit exposure to last cycle leaders (33:26)
A bull market in commodities? (34:49)
Wrapping up (35:21)
Outro (39:52)
There’s a massive unspoken epidemic going on globally in men’s health right now – low T-scores; and practically no one is talking about it. Lots of ‘youts’ are running around on an empty tank and don’t even know it. It’s an interesting and very important topic; and it's at the top of a lot of people’s minds, even if it’s a bit taboo to talk about. But it's something that matters to me, so I wanted to dive in deep and figure out what it all means. My guest today makes checking, monitoring, and boosting your t-score accessible and affordable. I’ve used the service myself (Ellen made me check mine), and as luck would have it, I'm also an indirect investor in Saad’s company. I’ve got a feeling this will be my most evergreen episode. Enjoy! Guest - Saad Alam, Founder and CEO at Hone Health howardlindzon.com, honehealth.com Twitter: @howardlindzon, @saad_hone, @honehealth, @PanicwFriends, @knutjensen Instagram: @msaadalam, @hone.health LinkedIn: saad-alam
fintech #invest #investment #venturecapital #stockmarket #finance
Time Stamps:
Intro (00:37)
Welcome Saad (06:14)
Misconceptions about testosterone (07:49)
Causes of low testosterone (09:51)
The stigma of low T (10:55)
Saad’s story (16:06)
Shelf-life of a medical degree (20:50)
Saad takes control of his health (22:44)
An unspoken global epidemic (24:38)
The Hone Health process (26:21)
The 2011/12 testosterone hype (29:06)
Howard’s t-score (37:45)
Free testosterone (39:36)
Leading longer lives (46:19)
There’s no silver bullet (48:30)
Wrapping it up (53:08)
Outro (53:24)
In this episode, I’m back in the hot seat again while my producer Knut grills me on what I’m calling my ‘errors of omission’. It’s part of my plan this year to cover various points in my career. Previously I've discussed details on Wallstrip and Stocktwits. Both of those episodes answered a lot of the questions I've been asked over the years. But one of the questions I’m asked most often as an investor and entrepreneur is, “Howard, what’s your biggest mistake, your biggest miss?” I’ve been in this game for a while now – so it’s a splendid idea to finally share them in a format where everyone can learn from my mistakes. I lay out my biggest errors, or what I would call errors of omission versus errors of commission, in the spirit of Bessemer Ventures “anti-portfolio” – that is some of the biggest ones they missed, like AirBnb, Coinbase, and eBay to name a few. I cover three of my biggest whiffs. It's part of the joy of investing, the irreverence, having the cojones to create a whole anti-portfolio and share it. You may have even heard of one or two of mine. Guest - Howard Lindzon, General partner at Social Leverage and Host of Panic With Friends Podcast Host - Knut Jensen howardlindzon.com, socialleverage.com Twitter: @howardlindzon, @PanicwFriends, @knutjensen LinkedIn: howardlindzon, socialleverage, knutejensen
fintech #invest #investment #venturecapital #stockmarket #finance
Time Stamps:
Intro (00:33)
Knut’s biggest mistake (01:39)
The anti-portfolio (02:10)
Getting asked to dance (03:57)
Setting the stage (05:01)
First miss (06:26)
Network Effects (10:20)
Lesson on valuation (12:51)
The next big miss (14:21)
Making the same mistake (16;00)
Another big miss (17:51)
The lesson learned (24:58)
Wrapping it up (26:38)
Outro (28:18)
I couldn’t be more excited to have my good friend Downtown Josh Brown on the show! Josh and I go way back to the early, early days of Stocktwits. He’s built what’s probably the biggest financial media brand outside of CNBCq and has managed to thrive amidst the people who like to hate on people who are doing well on social media; so I’ve got lots and lots of questions about the finance industry and media. We dig a bit into AI, crypto, web2 survivors, and where we’re at with web3. You’re going to really enjoy our conversation. Guest - Josh Brown, Co-founder & CEO at Ritholtz Wealth Management, Host of The Compound & Friends Podcast howardlindzon.com, ritholtzwealth.com, thereformedbroker.com/podcast TikToK: @downtownjbrown Instagram: @downtownjoshbrown Twitter: @howardlindzon, @reformedbroker, @ritholtzwealth, @PanicwFriends, @knutjensen LinkedIn: joshua-brown
fintech #invest #investment #venturecapital #stockmarket #finance
Time Stamps:
Intro (00:37)
Welcome Josh (03:30)
Comparing T scores (03:48)
Early days nostalgia (08:33)
Building the tribe (09:47)
Social Media wild west (13:16)
Picking the right social platform (18:19)
LinkedIn - the next generation (21:17)
Building Finance/Media culture (28:30)
Josh makes a comeback (29:34)
Birth of Ritholtz Wealth Management (31:40)
Opportunity in Wealth Management (34:02)
web2 survivors (36:32)
Evolution of web 3 (36:51)
DeFi not working as intended (38:00)
Josh’s thoughts on Oculus (39:13)
Diving deeper into web 3 (39:26)
ChatGPT changing everything (41:01)
The promise of crypto (42:33)
AI tools cut advisor workloads (44:27)
Days of arbing algo’s are over (45:63
Wrapping it up (47:11)
Outro (50:17)
On this week's episode of Panic with Friends, I speak with Rob Koyfman, the co-founder and CEO of Koyfin, a platform that offers a range of resources for investors, enabling them to conduct stock research and stay updated on market trends. He started his career at Goldman Sachs Investment Research in 2002, where he embarked on a proprietary trading role in London afterward. Subsequently, Rob held titles such as head of Macro and Thematic Trading Strategy at Citigroup and served as a Strategist at Caxton Associates, Lyxor Asset Management, and Tekne Capital. In 2016, Rob initiated the creation of Koyfin due to his dissatisfaction with the limited availability of analytical tools for investors lacking access to Bloomberg. Guest - Rob Koyfman, Co-founder and CEO at Koyfin howardlindzon.com, koyfin.com 20% Discount for New Koyfin Users (Discount for new users only - will be applied at checkout) Twitter: @howardlindzon, @KoyfinCharts, @koyfman, @PanicwFriends, @knutjensen linkedin.com/in/rob-koyfman-8b693317
fintech #invest #investment #venturecapital #stockmarket #finance
Time Stamps: Intro (0:00) Moving to Miami (6:05) What’s happening at Koyfin (8:30) Who’s using Koyfin (12:30) Monopolies in finance (16:10) Trends (20:35) AI and Koyfin (27:25) Core users (39:17) Outro (40:35)
On this week's episode of Panic with Friends, I speak with Joe Gagnon. Joe is a seasoned adventurer, creator, and explorer, combining his entrepreneurial spirit with executive expertise as a COO/CEO for over two decades. Joe is currently the CEO of 1upHealth, a cloud-based data interoperability platform that is revolutionizing healthcare outcomes. He is also an active blogger and co-host of the Chasing Tomorrow podcast. Previously, he held the CEO position at Sparkcentral, specializing in digital messaging solutions for customer care, and co-founded Performance Tea, a plant-based beverage company aimed at unlocking human potential. Joe's impressive career includes being the President of Penn Foster, a prominent online school, and the President of e-Dialog, an influential SaaS multi-channel digital marketing organization under eBay's ownership. As the CEO of Exit41, an innovative restaurant solutions company, and the Global Leader of IBM's Retail Industry business, he demonstrated his industry acumen. Joe started his career at Mainspring, a strategy consulting firm, where he was COO until the company was acquired by IBM. He also spent a decade at Ernst & Young as a consultant implementing emerging technologies. In his free time, Joe is an accomplished endurance athlete having completed six Ironman triathlons and over 85 marathons. Guest - Joe Gagnon, CEO at 1upHealth, Inc howardlindzon.com, 1up.health Twitter: @howardlindzon, @1up_health, @jgagnon2023, @PanicwFriends, @knutjensen Joe’s blog: The High Performance Life, Joe’s Chasing Tomorrow Podcast, Joe on Linkedin, Joe on instagram, Joe’s Book
fintech #invest #investment #venturecapital #stockmarket #finance
Time Stamps: Intro (0:00) What is 1upHealth (5:50) The Healthcare Industry (14:40) Business Travel (19:55) 1upHealth’s Latest Fundraise (21:30) Acquisitions in Healthcare (27:00) Longevity (37:00) Outro (46:40)
On this week's episode of Panic with Friends I speak with Doug Hecht, the CEO and Co-founder of Walla, a modern studio management platform created to transform and simplify studio operations. Doug's entrepreneurial journey began as the CEO of Lymber, a wellness app start-up that was later acquired by MINDBODY. Following the acquisition, he took on the role of SVP of Consumer Products at MINDBODY, where he played a crucial role in developing the app and spearheading other digital initiatives. Doug is committed to nurturing the start-up community in San Diego. He serves as a capital partner for Seed San Diego, dedicating his time and resources to building a better environment for start-ups. With a stake in over 30 start-ups, Doug actively participates as an angel investor in his spare time. Guest - Doug Hecht, Co-founder and CEO of Walla howardlindzon.com, hellowalla.com Twitter: @howardlindzon, @PanicwFriends, @knutjensen linkedin.com/in/doughechtsd
fintech #invest #investment #venturecapital #stockmarket #finance
Time Stamps: Intro (0:00) Howard and Doug catch up (9:10) San Diego (10:28) Hello Walla (14:35) Working at MindBody (15:45) Post Web2 (16:32) Who is Walla’s custom? (18:50) Raising during COVID (21:58) Walla’s metrics (25:10) Howard’s HIIT Story (27:35) Marketing (31:00) Product vs. Sales (33:55) Remote work (39:45) Golf (46:00) Outro (48:00)
On today’s episode of Panic with Friends, I speak to my good friend Jenny Fielding. After attending law school, Jenny found herself falling in love with technology first as a founder of two mobile companies and now as an early stage investor. She then spent nearly 8 years as the Managing Director at Techstars. After her time there, she set out to start her own global venture fund, Everywhere Ventures (formerly The Fund) where she is the Managing Partner. Throughout her career, she has invested in 300+ tech-enabled companies and has worked with hundreds of founders. Hopefully you enjoy this conversation as much as I did! Guest - Jenny Fielding, Co-Founder & Managing Partner at Everywhere.vc howardlindzon.com, everywhere.vc, podcasts.apple.com/us/podcast/venture-everywhere Twitter: @howardlindzon, @jefielding, @EverywhereVC, @PanicwFriends, @knutjensen linkedin.com/in/jennyfielding
fintech #invest #investment #venturecapital #stockmarket #finance
Time Stamps: Intro (0:00) Howard commits a crime (10:13) Everywhere Ventures (10:33) Techstars (15:50) Jenny’s favorite city (19:00) State of the markets (23:33) Everywhere Ventures portfolio (39:58) Emerging manager experience (45:18) Outro (50:45)
On this week of Panic with Friends, I speak with Brooker Belcourt, founder of Covey. Brooker is a driven founder with extensive experience in the investment industry and a deep understanding of the needs he is looking to address. Prior to founding Covey, he previously worked at Citadel, Coatue Management, as well as Goldman Sachs, where he acquired valuable knowledge of the alpha capture and asset management industries. With limited resources and a lean team, Brooker has made significant strides in product development, which has led to early traction with both investment firms and individual investors alike. The Covey Legends co-trading app is now available for download on all platforms. Click the link below to check it out. Guest - Brooker Belcourt, Founder at Covey.io howardlindzon.com, covey.io, coveylegends.io, covey.io/p/bb, linktr.ee/covey.io Twitter: @howardlindzon, @BrookerBelcourt, @coveyinvest, @PanicwFriends, @knutjensen linkedin.com/in/brookerbelcourt
fintech #invest #investment #venturecapital #stockmarket #finance
Time Stamps: Intro: (0:00) Brookers up-bringing/background (5:30) Working at Goldman (7:00) Pre FinTech (7:45) Covey (9:40) The top 1% of analysts (14:27) Covey Training Club / Covey Legends (17:44) Covey tech stack (19:00) Who are the legends (23:25) The switch from passive to active (30:49) Crypto (30:45) Covey Launch (30:22) Building a community (39:44) What’s to come / the product (41:38) Outro (47:50)
On this week's episode of Panic with Friends I speak with Roy Rubin. Roy is the co-founder and former CEO of Magento, a digital commerce solution for merchants and brands. eBay acquired a 49 percent stake in Magento in February, 2011; followed by the acquisition of the entire company in June, 2011. Roy stayed on as the CEO of Magento until 2013. Later in February of 2021, Roy started R-Squared Ventures with his partner Roy Erez (who I previously had on the podcast) after having made countless angel investments. Guest - Roy Rubin, Co-Founder at R-Squared Ventures, former co-founder & CEO at Magento howardlindzon.com, r2vc.com, flexspace.ai Twitter: @howardlindzon, @royrubin05, @PanicwFriends, @knutjensen linkedin.com/in/royrubin
fintech #invest #investment #venturecapital #stockmarket #finance
Time Stamps: Intro (00:00) Magento (05:00) Naming a company (08:30) Roy’s origins/Magento (09:30) eBay acquisition (19:28) Adobe/Magento (27:15) Being a contrarian (30:36) Staying connected (32:45) R-Squared investments (39:00) Outro (42:55)
Normally on Panic I’m talking with investors, venture capitalists, traders, and entrepreneurs, but on today’s episode I’m bringing on professional golfer Anne van Dam. Her manager is a good friend of mine who discovered her back in her teens, and now she’s an LP in Social Leverage. We get into some investment talk with her interest in real estate and cover Colony Cooks, a ghost kitchen and virtual restaurant in Los Angeles founded by her boyfriend. Anne discusses her favorite places to visit, her favorite golf courses, and of course getting Social Leverage on her bag. She’s not superstitious, but with Social Leverage in her corner, I’m predicting victories this year for her on tour. Anne has a good head on her shoulders and knows what she wants to do. I hope you’re as inspired by our conversation as I was. I'm looking forward to a round with her the next time she's in Phoenix. Knut has offered to caddie for me. Guest - Anne van Dam, Pro Golfer at LPGA howardlindzon.com, annevandam.com, lpga.com, ladieseuropeantour.com, colonycooks.com Twitter: @howardlindzon, @PanicwFriends, @Annevandam, @LPGA, @letgolf @knutjensen Instagram: @annievdam, @letgolf, @LPGA_tour
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
Introduction (00:34)
Howard jinxes Phil Mickelson (04:52)
Welcome Anne (06:53)
How do you pronounce Knut? (07:14)
Anne’s favorite city (07:32)
Anne’s favorite golf course (08:34)
The pedal mafia (09:15)
Anne’s favorite US golf course (10:13)
Anne’s golf hero (10:56)
Dealing with nerves (12:48)
Winning her first tournament (15:18)
LPGA prize money (16:17)
Men’s tour v. Women’s tour (18:18)
Working with sponsors (19:14)
Getting started in investing (21:56)
Colony Cooks ghost kitchen (25:08)
Bullish on golf (27:36)
The fitness side of golf (29:38)
Golf superstitions (35:32)
Wrapping up (37:44)
Closing thoughts (38:42)
My fishing buddy, Lewis Johnson, is back for his third round of Panic. As I’ve been saying frequently now, I’m just having friends on the podcast. People who have seen things that interest me, not famous – or infamous – people, for the sake of their fame. While Lewis isn’t particularly famous, he’s a steady hand and understands diversification and how cycles work. We touch on the “Bernie Madoff” moment that is now FTX. Lewis isn’t really active in crypto, but has been watching it play out. Swindles go on all along, and in a bull market no one seems to care. A bear market is the usual catalyst for these frauds. People start wanting their money back. We’ll check back with Lewis in three to six months, because this show is still about how we position ourselves; and he’s got a vision of how the world might look moving forward. Guest - Lewis Johnson, CIO at Capital Wealth Advisors howardlindzon.com, capitalwealthadvisors.com blog.capitalwealthadvisors.com/trends-tail-risks Twitter: @howardlindzon, @PanicwFriends, @TrendsTailRisks, @knutjensen linkedin.com/in/lewismjohnson
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
Introduction (00:35)
Welcome back Lewis (06:31)
Cryptos “Madoff” moment (07:04)
Book: Manias, Panics and Crashes (07:45)
Fundamentals & Valuation (10:10)
Michael Lewis & SBF (12:10)
Bond returns (15:12)
The deglobalization cycle (19:51)
Fed raising rates (25:05)
Gunslingers & Bean Counters (26:16)
‘Wall Street’ gets a vote (29:15)
Current market leadership (29:51)
Rate sensitivity (31:22)
Tech meltdown (33:26)
A capital cycles framework (34:51)
Where to look for the next cycle (37:05)
The ‘capital starvation’ cycle (38:30)
Wrapping up (39:42)
Closing thoughts (43:35)
I’ve been dying to get Jan on the podcast, and he’s finally here. After my brief podcast break, I've decided to have a lot of my friends on – people I like talking to about markets. Jan is one of those people. He’s super smart and well educated. I’m in the lucky position where I don’t have to be in the market, but because I’m fascinated by markets, started Stocktwits, love talking about them, and want to continue banging out some alpha, I invited Jan on the podcast. We have a great discussion about debt. We talk about money flows, and while Jan wasn’t the earliest, but early enough with directionally putting his firm on a path towards crypto, he has a lot of insights there as well. People need to be thinking about the market in just a little different way than what worked in the past. You’ll learn a lot from our conversation. I know I did. Guest - Jan van Eck, CEO at VanEck Securities Corporation howardlindzon.com, VanEck.com Twitter: @howardlindzon, @PanicwFriends, @JanvanEck3, @VanEck_US, @knutjensen linkedin.com/in/janfvaneck
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
Introduction (00:39)
Welcome Jan (04:02)
Growing a mature business (04:52)
History is a teacher (07:73)
Becoming a ‘Macro Structuralist’ (12:58)
Lessons from the 1970s (14:49)
The right way to view inflation (15:17)
Bonds outperform stocks (16:54)
Will the Fed pivot? (19:12)
The ETF business (24:49)
Crypto-related ETNs (27:21)
China growth & demographics (28:40)
Getting smarter on Brazil (29:04)
Web3 (30:18)
Thoughts on Wealthtech (34:08)
What if 60/40 is wrong? (35:10)
Jan argues Howard’s book (39:23)
People care about performance (39:42)
Why Jan invested with Howard (40:46)
Diseconomies of scale (41:45)
The future of ETFs (43:33)
Cherry-picking in public markets (46:11)
Jan’s favorite podcasts (47:44)
Wrapping up (50:16)
Closing thoughts (51:37)
The GOAT himself, Jim O’Shaughnessy is back for a record fourth appearance on Panic with Friends! And this time he’s slightly panicked by not being panicked. I convinced him to put on some slippers and start showing up for work. The last time he was on, we talked about the real panic; I’d come back from vacation fired out of a cannon – only wanting to talk to my close friends or pimp some of our companies. But today I’ve got a lot to talk to Jim about. He was guest number one on the show, and he was on just a few weeks ago – since then the Fed’s hiked another 75 basis points, Facebook’s imploded, and we have a new owner at Twitter. So sure, it makes sense if Jim might be a little panicked about not being panicked. Once again, Jim is the calm voice of reason helping me navigate the turbulent times we’ve found ourselves in. I hope you learn as much from our conversation as I did. Guest - Jim O’Shaughnessy, Founder, Chairman & Co-Chief Investment Officer, OSAM LLC howardlindzon.com, osam.com, infiniteloopspodcast.com Twitter: @howardlindzon , @jposhaughnessy, @PanicwFriends, @knutjensen linkedin.com/in/james-o-shaughnessy-b072bb
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
Introduction (00:41)
Welcome Jim (05:29)
Strategy & Tactics (07:46)
Decision time (10:30)
Elon Musk (12:58)
Fixing Twitter (13:39)
Dealing with trolls (17:26)
The real reason Elon bought Twitter (23:06)
Excited about Artificial Intelligence (27:10)
AI ethics (30:02)
AI in medical research (31:45)
AI legal use case (33:15)
An Open AI is critical (36:05)
First $1B single creator LLC (36:34)
Old Models are collapsing (37:25)
A “Thiel-style” scholarship (39:09)
A revolution in Education (45:12)
A real meritocracy (45:56)
Human nature doesn’t change (48:19)
The next Robinhood could be Robinhood (49:46)
Wrapping up (53:05)
Closing thoughts (56:58)
I’m excited to be doing this first episode in a series of shows over the next few months on blockchain, crypto, web3 – whatever you want to call it. As long-time listeners know, I’m a drafter behind smart people on web3. I’m learning as I go, yet being skeptical, and probing through it. I have my angle of attack and know how I want to spend the next few years working on blockchain, infrastructure, web3, NFTs, and community. And while I haven’t talked often enough about it, in full disclosure, Social Leverage Acquisition Corp ($SLAC), the company I’m CEO of, has announced a proposed merger with W3BCLOUD. In addition, Social Leverage (Fund IV) (where I’m a GP) is a shareholder and member of the sponsor group – but that doesn’t mean we can’t talk about it. So who better to have on to make sense of all this? Guests: Sami Issa, CEO & Co-Founder at W3BCloud Maggie Love, Director - Ecosystem & Partnerships & Co-Founder at W3BCloud, Founder at SheFi howardlindzon.com, w3bcloud.com, shefi.org Twitter: @howardlindzon, @PanicwFriends, @W3BCLOUD, @She_Fi, @knutjensen linkedin.com/in/samiissa linkedin.com/in/maggielove07
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
Introduction (00:39)
Welcome Maggie and Sami (06:44)
Understanding ‘compute’ (06:58)
Decentralization & ‘permissionless’ (1016)
Crypto & Web3 (12:47)
In the back yards of Giants (17:20)
Composability (21:27)
Not a ‘Winner take all’ world (24:04)
Origin story (24:20)
Dealing with bear markets (31:48)
The adoption cycle (35:20)
Infrastructure is the way (38:10)
Buffett’s crypto play (39:45)
Next internet revolution (41:54)
Moving through the cycles (44:05)
What makes the register ring? (50:19)
Optimizing the hardware infrastructure (52:25)
What is ‘trustless’? (52:54)
‘Proof of Stake’ (56:51)
A new internet paradigm (59:50)
An internet of value (1:00:52)
The ‘wallet’ is key (1:01:28)
Wrapping up (1:03:34)
Closing thoughts (1:09:12)
My good friend Ben Hunt is here for the fourth time on Panic with Friends. He’s my go-to macro guy, and one of the smartest people to talk about the market with. And if I were going to do a show with any two people, like the All In podcast, it’d be Ben and Jim O’Shaughnessy for sure. Ben has been dead on with so many topics, and we’ve got a ton of topics to talk about in this episode. I wanted to talk about the FED, inflation, and what would turn him bullish. I wanted to get some pointers on the global macro and the SPAC market, to include thoughts on Fat Nixon. I wanted to talk about Robinhood and Citadel, and I want him to chime in on Apple having a monopoly. I also wanted to get Ben’s thoughts about monetary policy as it relates to the UK pension debacle. I think you're going to get a lot out of our conversation. Enjoy! Guest - Ben Hunt, Co-Founder and Partner at Second Foundation Partners, Author and Co-Founder at Epsilon Theory howardlindzon.com, epsilontheory.com Twitter: @howardlindzon, @epsilontheory, @knutjensen linkedin.com/in/bhunt
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
Introduction (00:40)
Welcome Ben (06:40)
The best thing about getting older (10:17)
Turning a layup into a loss (12:40)
Lessons from Goodfellas (14:28)
Who’s in the PIPE? (18:49)
Finance raccoons (20:11)
UK pension crisis (22:53)
Interest rates repriced globally (23:33)
Pension funds can’t make margin calls (29:59)
FED creates liquidity crises (31:43)
Overexposed to 15 years of low rates (34:35)
What the blockchain brings (35:16)
Loosening the yoke of Amazon, Apple, Google (35:44)
Pension fund return projections (36:55)
Ferocious bull rally? (40:54)
Will the FED pivot? (43:58)
Inflation wasn’t transitory (46:11)
Taking real world risks (50:36)
Taking on the overlords (57:18)
Wrapping up (1:02:12)
Closing thoughts (1:05:58)
I’m excited to have Bobby Matson, founder and CEO of Payitoff.io, back on the podcast. The last time he was on the show was in April of 2020, less than a month into the global COVID panic. Since then, 45 million plus Americans with student debt have kicked the can down the road. Until now. Bobby is a self-taught coder. He and his wife had student loan debt to deal with, so they built a product called Payitoff.io to help sort it out. Their API allows financial apps to empower borrowers with ways to assess and address their student debt while freeing up cash to invest or spend. And while there’s been a “pause” in repayment, student debt did not go away. The problem was just brushed aside for a couple of years. During those few years, Bobby and his team went and built other debt API products. But as repayments are starting up again, the “phones have been ringing off the hook” as everybody tries to catch up. Bobby and his team stayed in the game, didn’t overspend their VC money, and kept things under control. Full disclosure – Social Leverage is an investor in Payitoff.io Guest - Bobby Matson, Founder and CEO of payitoff.io howardlindzon.com, payitoff.io Twitter: @howardlindzon, @bomatson, @payitoffapp, @PanicwFriends, @knutjensen linkedin.com/in/bobbymatson
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
Introduction (00:44)
Welcome Bobby (08:08)
What is Payitoff? (08:36)
COVID hits (10:35)
Demonstrating category leadership (13:34)
A good type of panic (15:36)
Product & Execution (16:34)
Domain experience & problem solving (17:36)
Debt relief options (19:26)
Use case solutions (20:09)
Expanding beyond student loans (24:44)
Self-taught coder (25:48)
Learning to build companies (27:09)
Trapped with debt (29:48)
Navigating student loan relief (31:33)
Avoiding channel conflict (37:31)
Building the Enterprise (40:56)
Tailwinds come full circle (43:17)
Rising interest rates & consolidation (43:31)
Wrapping up (43:49)
Closing thoughts (44:33)
I’m excited to have my new friend Dave Finocchio on the podcast. I met Dave on my golf trip to Ireland, and we hit it off on the long bus ride. He stands out because he’s focused and insanely smart. He’s the founder of the Bleacher Report, which was acquired for north of $200M, and is now working on The Cool Down – his attempt to build the world’s first mainstream climate brand. Dave’s taken everything he’s learned in sports and media over the years and is applying it to climate change. We have a wide-ranging conversation on what it was like to start a media company back in the day, and what it takes now. We discuss new trends that are emerging in media, like TikTok, his investment in 5-Iron Golf, and a whole lot more. Enjoy! Guest - Dave Finocchio, Co-Founder & CEO at The Cool Down, Founder of Bleacher Report howardlindzon.com, thecooldown.com Twitter: @howardlindzon, @PanicwFriends, @DaveFinocchio, @knutjensen linkedin.com/in/dave-finocchio-90b2a93
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
Introduction (00:40)
Welcome Dave (05:44)
Golf courses in Ireland (08:42)
The Cool Down (09:58)
Content needs to resonate (12:33)
Bringing in co-founders (13:27)
Dealing with founder burnout (17:25)
Flash back to the Bleacher report (21:38)
Seed rounds back in the day (29:54)
The end of an era (33:56)
NFL Draft expert Matt Miller (35:45)
Dave’s thoughts on parenting (37:29)
Would he do sports media again? (39:05)
Sports betting (41:02)
Thoughts on TikTok (42:15)
Growth - The Cool Down (46:20)
Investments: Behave Candy (47:46)
Investments: 5-Iron Golf (47:57)
Bullish on golf (52:17)
Closing thoughts (53:02)
My good friend Jim O’Shaughnessy is back for a third appearance on Panic with Friends. He was my very first guest on the show way back in March of 2020, right at the start of the Global Pandemic. He wasn’t panicking then, and he’s not panicking now. I wanted to check in with Jim to see how his spider tingly sense feels around the markets right now. He’s more of a systems guy and doesn’t time the market, but I wanted to get his calm assessment of what the world looks like. One thing the 'yutes' need to keep in mind during this market turmoil is that they’re “time billionaires”. And you should use that to your advantage. You definitely want to exchange that time for risk. I hope you enjoy our wide-ranging conversation on life, family, investing, and the markets. Guest - Jim O’Shaughnessy, Founder, Chairman & Co-Chief Investment Officer, OSAM LLC howardlindzon.com, osam.com, infiniteloopspodcast.com Twitter: @howardlindzon , @jposhaughnessy, @PanicwFriends, @knutjensen linkedin.com/in/james-o-shaughnessy-b072bb
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
Introduction (00:42)
Welcome Jim (08:19)
Lake Como, Italy (09:24)
A different type of Panic from 2020 (17:26)
Strategic and Tactical insights (18:12)
Historical perspectives (19:40)
A generation raised on zero cost of capital (23:18)
Recency bias / Arbitrage human nature (24:35)
The Fed (37:10)
Everything is psychology at the end of the day (41:40)
We socialized losses (43:50)
Musk's Twitter deal (52:40)
Wrapping up (57:59)
Closing thoughts (104:20)
During my five weeks on the road, I’ve been doing reruns of some of my favorite Panic with Friends episodes. This one is the second of back-to-back episodes with my pal Jason Hirschorn from April of 2021. I have not met another person who is not just so passionate about all forms of media and the creator economy, but is eager and willing to share that knowledge with others. Best of Panic: In part one, we covered Jason’s long history at MTV, Slingbox, News Corp and MySpace. So listen here if you want the full backstory on this media extraordinaire. In this episode, Jason covers the future of new media and streaming and the explosion of the creator economy. Looking back, I believe that YouTube created the first explosion in the creator economy and today it is a bunch of new media platforms combined with decentralization and tokens that will create an even bigger explosion which Jason predicts will be a ‘more equitable’ version of the creator economy. Guest - Jason Hirschhorn, CEO and Chief Curator at REDEF howardlindzon.com, redef.com Twitter: @howardlindzon, @JasonHirschhorn, @MediaREDEF, @MusicREDEF, @PanicwFriends, @knutjensen linkedin.com/in/jason-hirschhorn-820a9b43
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
Introduction (00:41)
Welcome Jason (02:19)
Artists and NFTs (04:12)
Gatekeepers with too much power (07:04)
Building a trusted audience (09:38)
Creator economy platforms (11:54)
Sloth of Big Media (16:51)
Technical debt/Brand debt (19:22)
Bundling media (25:23)
Streaming/Spotify (28:24)
Advertising/Programming (31:34)
Dealing with piracy (32:31)
Movie Theaters (33:25)
Cinema Paradisio (36:21)
Wrapping up (43:47)
Closing thoughts (47:18)
As long time listeners know, I’ve taken a few weeks off from the podcast to go climb mountains on my bike. The bike phase is over, and it ended with a crescendo when I spent my 57th birthday climbing Stelvio. So far I’ve gone from San Diego to Toronto, to New York, to Italy, to Germany and I’m now in Tel Aviv – nearing the end of the third week of five weeks on the road. To fill the gap, I’m doing reruns of some of my favorite Panic with Friends episodes. This one with my pal Jason Hirschorn is from March of 2021. Best of Panic: I was excited about having Jason Hirschhorn on the ‘Panic’ podcast and he did not disappoint. This interview turned into a two part series so lean back for this first part which covers Jason’s long history at MTV, Slingbox, News Corp and MySpace. Jason has some great stories that were fun for me to listen to because I have met a lot of the same people in my short media stint at CBS. I have not met another person who is so passionate about movies, music and streaming.= In the second interview (rerunning next week), Jason covers the future of new media and streaming and the explosion of the creator economy. Looking back, I believe that YouTube created the first explosion in the creator economy and today it is a bunch of new media platforms combined with decentralization and tokens that will create an even bigger explosion which Jason predicts will be a ‘more equitable’ version of the creator economy. Guest - Jason Hirschhorn, CEO and Chief Curator at REDEF howardlindzon.com, redef.com Twitter: @howardlindzon, @JasonHirschhorn, @MediaREDEF, @MusicREDEF, @PanicwFriends, @knutjensen linkedin.com/in/jason-hirschhorn-820a9b43
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
Introduction (00:41)
Welcome Jason (02:48)
LA quarantine scene (03:28)
MTV and MySpace (04:24)
Blake at Slingbox (05:11)
Tony Bennett doing Rock Band? (07:02)
Running into Fred Wilson (11:20)
Jason’s first company (16:43)
Working with Barry Diller (20:02)
MySpace decision (24:08)
“Innovation through litigation!” (30:25)
Getting engaged (31:27)
Exporting American culture (38:40)
Traveling to Israel (40:45)
Comparing NY to LA (42:24)
Meeting Steve Jobs (46:31)
Jet-setting with Bono (47:53)
Closing thoughts (56:05)
Long time listeners know I’ve taken a few weeks off to go climb some mountains on my bike. I’ve just departed Lake Como, wrapping up this leg of my crazy cycling ‘adventurecation’. You can follow my rides on the Strava app. In the meantime, I’ve been doing reruns of some of my favorite Panic with Friends episodes. This episode from January of 2021 is with my good friend Ted Merz. He’s moved on from Bloomberg, but his insights on social media and data are spot on. Best of Panic: (January, 2021) My friend Ted Merz at Bloomberg has one of the most interesting jobs in the world. Ted has been at Bloomberg since 1991 and today heads Bloomberg’s Global News Product. That is a complicated job and this is a complicated era of news considering the 24/7/365 flow of information, misinformation and of course news. Ted makes it all look easy. I miss visiting with him at the Bloomberg HQ. I love talking to Ted about Twitter and the rest of social media and the deals he has had to cut and the way he thinks about data. One of the best compliments I have gotten is having Ted tell me he enjoys my writing style and reading my daily blog. That is not why I invited him on as a guest, but it is definitely one reason I am so happy I started to write in the first place and a motivating factor for me to keep writing! Guest - Ted Merz, Journalist turned Product Manager, Former Global Head of News product at Bloomberg howardlindzon.com, ted-merz.com Twitter: @howardlindzon, @TedMerz, @PanicwFriends, @knutjensen linkedin.com/in/ted-merz-cfa-b711257
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
Introduction (00:31)
Welcome Ted (03:18)
Starting in journalism (04:07)
Moving to Bloomberg (06:21)
The biggest story of Ted’s lifetime (09:33)
Covering 9/11 (11:33)
Bloomberg customer service (15:47)
Talking Twitter (16:23)
Partnering with Twitter (24:02)
Monetizing data (27:21)
Enormous opportunity with Twitter and Reddit (34:28)
First inkling of COVID breaks December 31. 2019 (36:40)
Data as alpha (39:35)
A ‘Netflix’ Model of news and information (42:02)
Wrapping up (47:20)
Closing thoughts (52:05)
I’m still off from the podcast circuit climbing mountains on my bike, but will be back in the studio soon. The reruns of some of my favorite podcasts continue for now. This one from December of ‘21 with Frank Rotman of QED Investors is one you’ll want to listen to a few times for sure. It’s great historical perspective for where we’re at now, and evergreen enough to inform any evolving investment strategy. Best of Panic: My guest today is a fintech operator turned investor. Frank is the real deal. He spent almost 13 years at Capital One, is the co-founder of QED Investors, and made the Midas List of Top 100 Investors FOUR times. Everybody is a fanboy of somebody, and I’m a fanboy of Frank for sure – he has the amazing ability to spot leaders in the fintech space and has done it for a long period of time. In our business you get rewarded with a lot of money to manage and QED has just raised a fresh billion dollars. I learned a lot from this conversation and think every investor can do the same. Guest - Frank Rotman, Co-Founder, Partner and Head of Domestic Investments at QED Investors howardlindzon.com, qedinvestors.com Twitter: @howardlindzon, @fintechjunkie, @QEDInvestors, @PanicwFriends, @knutjensen linkedin.com/in/frank-rotman
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
Introduction (00:56)
Welcome Frank (4:14)
Founding QED (04:49)
Fintech before Fintech (05:48)
Wrapping up (57:45)
Operators as investors (06:34)
Pitching Nigel (06:51)
Pitching Dan Loeb (07:30)
M&A with Capital One (09:01)
Grow it or sell it? (10:12)
An information-based strategy (10:20)
Flash forward to 2021 (12:04)
Separating bubbles from megatrends (12:46)
Too soon Unicorns (14:59)
Art of business building thrown out the window (15:25)
Web3 is just getting started (17:05)
Loose money fueling the system (18:08)
Web3 attracting talent (20:49)
Investing decisions and allocation (21:15)
Doing diligence in today’s market (22:06)
Talented venture teams (25:50)
QED check size range (27:34)
Ex-operators being ‘hands on’ (28:37)
When IPOs peak (32:57)
Private v. Public investors (33:15)
Sequoia’s letters (37:02)
First principles of investing (37:18)
How much to pay for an earning stream? (38:00)
35 year payback (38:48)
Valuation disconnects (39:26)
Fast growing companies (41:21)
Negative rates and the 60/40 portfolio (42:03)
Inflation is a real force (43:12)
Impact of rates on valuation (44:31)
Biggest position in crypto (48:11)
Being ‘crypto aware’ (49:34)
Wrapping up (50:06)
Closing thoughts (55:37)
Long time listeners know I've taken a few weeks off the podcast circuit to go climb some mountains on my bike. In the meantime, I'm doing reruns of some of my favorite Panic with Friends episodes. This one with Michelle Zatlyn aired back in November of ‘21. If you missed it when it came out, now is a good time to catch up. And don't worry, I'll be back in the podcast booth soon. I’m excited to have my friend and fellow Canadian, Michelle Zatlyn, on the show. We’re going to talk about the internet today. Podcasts wouldn’t exist without it, and you’d be unable to appreciate the banter between Knut and I. But this just feels like the right time in the right moment to talk about the internet. Michelle is just the right person to talk about it with. She’s the co-founder, President, and COO of Cloudflare – the company that helps the internet work. We discuss security, how things really work on the internet, where Cloudflare is headed, and how the hell you grow even faster during COVID. Guest - Michelle Zatlyn, Co-Founder, President and COO at Cloudflare howardlindzon.com, cloudflare.com Twitter: @howardlindzon, @zatlyn, @Cloudflare, @PanicwFriends, @knutjensen linkedin.com/in/michellezatlyn
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
Introduction (00:57)
Welcome Michelle (05:36)
Moving to US & Harvard Business School (06:51)
Building Cloudflare (08:47)
Cloudflare’s mission (10:18)
Building a better Internet (10:49)
Layering Cyber Security (11:24)
A quick internet history lesson (13:06)
Safe, reliable Internet (15:53)
Harvard Professor Clay Christensen (15:59)
Democratizing the Internet (16:47)
A directional bet on the Internet (18:44)
Crypto v. Cryptography (19:27)
A public company with real revenue (21:11)
Number of daily cyber attacks (21:55)
Table stakes for merchants (25:25)
The rise of the ‘Cloud’ (26:42)
The perfect time to start Cloudflare (28:04)
Protecting the Internet-of-Things (29:32)
A network of networks (31:46)
The rise of social and mobile (32:17)
Following Web3 (32:42)
Cyber attacks and cryptocurrency (34:03)
Making your data your data (35:05)
Cloudflare leadership team (36:40)
Evolving business structure (38:56)
Improving digital literacy (40:10)
Building better products and delivering value (40:42)
Michelle’s personal investing philosophy (43:15)
Business continuity through the pandemic (46:08)
Going big on digital literacy (53:11)
Wrapping up (57:45)
Closing thoughts (58:32)
Howard has taken a few weeks off the podcast circuit to go climb some mountains on his bike. In the meantime, we’re doing reruns of some of our favorite Panic with Friends episodes. This one with Nick Adler aired back in October of ‘21. If you missed it when it came out, now is a good time to catch up. Today’s episode is with a new friend, Nick Adler. I’m not sure the best way to describe him – he’s a lawyer, entertainment wiz, and works with the one and only Snoop Dogg himself. They’ve gone on a massive run together, and we get into crypto and NFTs and collectibles and digital. Tons of people can talk about the technical side of it, Nick lays out the culture and community. There’s so much movement, there’s so much happening, and celebrity culture is at the center of it. They’re not passengers anymore. This crypto, digital NFT boom will have a million different use cases for a million different categories: from insurance to real estate, and more. And IP and creative and art and content, is all going to change radically due to these tools and technologies. It’s a blank canvas if you’re willing to be adventurous and take chances. Guest - Nicholas Adler, Founder of The Unified, and longtime business partner of Snoop Dogg. howardlindzon.com, soundcloud.com/whosbuyingthisshit Twitter: @howardlindzon, @nickyads, @PanicwFriends, @knutjensen linkedin.com/in/nicholas-adler-3051587
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
Introduction (00:48)
Welcome Nick (02:02)
Panicked about NFTs (02:12)
How Nick and Snoop Dog think about Crypto (03:02)
The social media explosion (04:38)
The Crypto/Digital/NFT boom (06:23)
Snoop’s blank canvas (06:54)
Web3 development is global (7:20)
Partnering with talent (08:23)
Have a strong team and experiment (08:34)
How Nick and Howard met (10:34)
The last true technology crash (11:58)
Evergreen and Educational Finance (12:27)
Innovation in the DeFi space (15:07)
DeFi platforms and staking economy (18:08)
The artistic side of NFTs (18:30)
The Rocket Factory NFT (19:41)
NFTs and endless money printing (21:50)
Inflation, deflation and trading NFTs (23:18)
Collectibles and NFTs (24:56)
Brands will be the NFT leaders (25:48)
Will we see a Snoop DAO? (31:03)
A hundred David Geffen’s in the future (34:02)
You have to know how to sell (34:41)
The media negotiation environment (35:56)
Build a brand as yourself (41:11)
Wrapping up (41:17)
Closing thoughts (42:49)
I’m taking a few weeks off to go climb some mountains on my bike. In the meantime, I’ll be doing reruns of some of my Panic with Friends favorites, like this one with Garry Tan. This episode aired back in September of 21. If you missed it when it first came out, now is a good time to catch up. I think you’ll really enjoy it. Garry is a unique individual I’ve only met a couple of times. He says he’s a fan of the show, so he knows how to sell. His resume is bananas – something we love on Panic with Friends; they may not be famous to everyone, but they’re famous to me! Garry is a Stanford Graduate, was at Y Combinator in the heyday, and was partners with Alexis Ohanian (founder of Reddit). If that weren’t enough, Garry was a seed investor in Coinbase. Oh, and Garry’s now part of my go-to list on the crypto space along with Fred Wilson and Chris Dixon. Guest - Garry Tan, Co-Founder and Managing Partner at Initialized Capital howardlindzon.com, initialized.com, youtube.com/garrytan Twitter: @howardlindzon, @garrytan, @PanicwFriends, @knutjensen youtube.com/garrytan linkedin.com/in/garrytan
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
Introduction (00:56)
Welcome Garry (04:28)
Best place to start a company (04:53)
Early life in the Bay area (07:01)
First ‘business’ (08:00)
Achieving the American Dream (09:07)
Garry’s first startup (10:58)
Balance in a world of endless opportunity (17:30)
Launching Initialized (18:42)
Panic about Y Cominator (19:58)
Work on hard, valuable and fun stuff (20:45)
VC at $1 trillion in a decade (24:42)
Lean startup / Fat startup (27:35)
Crypto ups and downs (28:36)
Seed round investing (31:28)
Software runs the world (33:58)
Transitioning the non-digital natives (35:18)
Obscure industries drive the economy (35:56)
Building a media platform (39:52)
How Garry stays up to date (42:52)
Sky NIMBy’s (44:26)
Closing thoughts (49:25)
Wrapping up (54:18)
Today’s guest, Erik Groset - Co-founder of Fantasy Sports Company and CEO of BetFully, is a friend of mine from San Diego. He’s a cool founder – a grinder, and he’s in our fund too – Social Leverage Fund II. I met Erik while still living in Coronado, back in the dog days of legal battles with DraftKings when everybody was trying to get gambling approved. Erick stayed alive building a cash flow business around the edges with BetFully, which is why I wanted to talk with him about what it’s like being a successful founder. In addition, I wanted him to give us the lay of the land on this inflation apocalypse he’s worried about as the summer of 2022 rages on. Founders everywhere are worried about layoffs, and there’s a lot of young money in the market over the last 10 years – Erik has been through a few cycles, so we catch up to share some wisdom for other founders out there. I really think you’ll enjoy this episode, so have a listen. One fun fact, Erik has also written a children’s book – Bruce the Lumberjack: Fun Interactive Bedtime Book for Toddlers Guest - Erik Groset, CEO at BetFully, Inc howardlindzon.com, BetFully.com Twitter: @howardlindzon, @PanicwFriends, @ErikGroset, @BetFullInc, @knutjensen linkedin.com/in/erikgroset
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
Introduction (00:40)
Welcome Erik (05:01)
Bull markets and 30 foot puts (06:03)
BetFully basics (07:03)
Help with gambling problems (08:52)
Surprises about the betting industry (10:17)
Barriers to entry (10:45)
‘Race to the Bottom’ Thesis (11:25)
Dabbling in NFTs (12:20)
Size of Sports betting market (14:58)
Customer loyalty (16:03)
UI is key (17:45)
San Diego Startup scene (18:48)
Riding out the storm (19:36)
Guerrilla marketing (22:09)
Sports betting advertising (23:01)
Betting on Formula 1 (24:18)
Cheat code for product/market fit (25:33)
A quick celebrity story (27:48)
Closing thoughts (33:01)
Wrapping up (33:41)
Today’s guest is Will Ahmed, founder and CEO of WHOOP, a wearable technology/fitness company that fits smack in the middle of what I like to call ‘fashology’ – technology meets fashion. The device tracks and measures strain, recovery, and sleep. The brand is well received by pro athletes like LeBron James, Michael Phelps and over half of the PGA Tour; but can it help Howard? Those who have followed me for a while know I’m fascinated with sleep fitness and I have a WHOOP, but there are difficult customers, and then there’s me. We discuss what it would take to have Howie back on the WHOOP wagon. Will started the company in Boston right after graduating from Harvard – his first company, and his first full time job. Ten years later the brand continues to unlock human performance and save lives. Some of the smartest people I look up to on things like fitness, brains, and style are super bullish on WHOOP; to include Arizona Cardinal Kelvin Beachum, Jr., Brad Feld, and Ryan Spoon. Guest - Will Ahmed, Founder and CEO at Whoop howardlindzon.com, whoop.com Here’s the WHOOP Podcast Twitter: @howardlindzon, @PanicwFriends, @whoop, @willahmed, @knutjensen linkedin.com/in/willahmed
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
Introduction (00:42)
Welcome Will (05:48)
Starting WHOOP in Boston (06:32)
Star athlete investors (07:05)
Celebrity users (07:39)
Physiology research at Harvard (08:45)
Raising capital (09:23)
10 years 600 employees later (09:41)
Big name venture investors (10:01)
Bet the business transition (11:16)
Differentiating WHOOP (12:53)
Behavior change and improving health (13:43)
Early star athlete adopters (14:30)
Making health monitoring cool (15:40)
Bringing Howard back into the fold (16:59)
Becoming a source of accountability (18:30)
A/B testing yourself (19:31)
The next frontier for WHOOP (19:43)
Apple Watch - the elephant in the room (20:54)
Sensors in your boxers (23:13)
Whoop on the PGA tour (25:27)
What’s the magic with WHOOP? (27:38)
Wearable's - A uniquely difficult space (29:02)
Being mentored as a founder (31:31)
Improving live, saving lives (33:56)
Two types of customers (35:03)
Smart people bullish on WHOOP (36:18)
The WHOOP Podcast (37:06)
Free Climber Alex Honnold (39:18)
Alex’s REM sleep advantage (41:06)
Closing thoughts (45:54)
Wrapping up (48:02)
Related: Free Solo climber Alex Honnold on eliminating fear and accomplishing greatness Kelvin Beachum Jr, Offensive Lineman for the Arizona Cardinals & 2022 Walter Payton Man of the Year Nominee, on Investing, Leveraging your Network, and Parenting with Intention Ryan Spoon, COO of Sorare on the Intersection of Fantasy Sports, Blockchain, and Community
I’m stoked to have my good friend Rob Petrozzo, Co-Founder and Chief Product Officer at Rally on this special episode of Panic with Friends. It’s the first Panic with Friends dual podcast, so it won’t be a format you’re used to. A lot more of me as Rob dual tracks this episode for Rally’s new podcast, The Best Money I Ever Spent. Rob’s spent the last several years building Rally into an amazing platform that makes fractional investing safe, easy, and accessible. Guest - Rob Petrozzo, Co-Founder and CPO at Rally, Host of The Best Money I Ever Spent Podcast howardlindzon.com, rallyrd.com Twitter: @howardlindzon, @robpetrozzo, @OnRallyRd, «BestMoneyPod, @knutjensen, @PanicwFriends Podcast: The Best Money I Ever Spent Spotify: https://open.spotify.com/show/3vwvQoGUbP7FKAbuvkYemA linkedin.com/in/robpetrozzo
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
Introduction (00:42)
Welcome Rob (03:08)
Thinking changed from 5 years ago (04:08)
Living through market cycles (05:13)
Domain experience counts (06:20)
Cutting Signal from Noise (07:46)
Survival matters (10:05)
Starting Rally (11:40)
The ICO craze (12:52)
Fractional Warhol (15:46)
Culture and the future (16:35)
What we spend our money on (18:54)
A different type of bear market (21:26)
Gary Vaynerchuk’s ear (22:26)
The ‘right’ community (23:06)
‘Mobile First’ generation (29:40)
Nailing the UI (30:17)
Rethinking the desktop (31:42)
Hitting peak ‘Mobile’ (36:15)
Betting on guys who survived before (37:40)
DAOs - small is the new big (40:50)
Passionate about comedy (41:48)
NFT meets DAO meets Community (42:41)
Howard’s favorite investor (48:49)
The future of venture (49:09)
Next breed of crossover investors (49:54)
The one that got away (52:28)
Thoughts on bootstrapping (54:10)
Closing thoughts (55:57)
Wrapping up (59:38)
Previous Panic: Rob Petrozzo of Rally: Classic Cars, Dinosaur Bones, and Crypto Punks (EP.171) October 14, 2021
I’m excited to bring my good friend Om Malik back for a third round of Panic. Om is a partner at True Ventures, a $2B venture capital firm in San Francisco. They have made over 300 investments including WordPress, Peloton, Fitbit, and Blue Bottle Coffee. He’s a super smart guy to talk to. He worries about the future, invests in the future, and talks about the future. It’s important to talk about the future especially when the current situation is bleak – with a tech crash and valuations coming down. I don’t think there’s a panic, we’re just witnessing the end of an era. We could whine about it, or we could look past it and figure out where technology is going next; which is what I’m doing. I don’t think what’s worked for me over the last 12 years will work going forward. Om is here to help me sort it out. Guest - Om Malik, Partner Emeritus at True Ventures howardlindzon.com, trueventures.com, om.co Twitter: @howardlindzon, @PanicwFriends, @trueventures, @om, @knutjensen linkedin.com/in/ommalik
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
Introduction (00:42)
Welcome Om (02:52)
The world aligning to new technologies (04:01)
Valuation and tech decoupled (04:51)
The core thesis hasn’t changed (6:06)
Today tech is bigger, bolder, more impactful (07:26)
5 trillion dollar companies created in the last 12 years (07:37)
The unknowns make the future of tech exciting (08:43)
Moving towards a 3D interface with data (09:38)
Apple M1 chip changes everything (10:02)
Identity and Authentication are key (14:14)
Understanding the future of tech (16:07)
Fixating on ‘labels’ instead of the tech (17:55)
The digital wallet is the future (18:33)
The ‘MetaMask’ of the future may come from Apple (19:28)
The future doesn’t have to be Instagram and Twitter (20:31)
Trust and Big Tech (21:54)
Apple is one Tim Cook away from things falling apart (22:01)
The disappearance of the App store (22:44)
The wallet is tightly connected to your Smartphone (23:16)
Policy always lags tech (24:15)
The ‘Wild West’ analogy for Web3 (25:57)
Software is important, authentication will be key (26:32)
Distinguishing between the artificial and real ‘us’ (27:52)
Metaverse is a euphemism for next gen tech (29:12)
How will China define the future (30:11)
Globalization versus Deglobalization (30:44)
End of one-size-fits-all tech (31:32)
The current reality of centralization (32:44)
Twitter is social media marketing (33:17)
Small subsets of decentralized social networks (33:49)
Opportunity comes after a crisis (36:47)
Silicon Valley is a state of mind (37:24)
Closing thoughts (39:08)
Wrapping up (41:55)
I’m excited to have my fishing buddy, Lewis Johnson, back for another round of Panic. He runs a couple billion dollars as the CIO of Capital Wealth Advisors. Lewis was first on in November of 2020 when we realized we might not die from COVID and the Fed was printing money and we were in market Nirvana. Back then we talked value and growth and commodities because Lewis understands cycles. He’d seen the worst stretch of value stocks versus growth stocks in the last 200 years. In this episode we talk cycles and supply chains and commodities and a strong dollar and valuation and the deglobalization cycle we find ourselves in now. What Lewis has is expertise, which is why I enjoy talking to investors like him at different points in time to expand my knowledge. Guest - Lewis Johnson, CIO at Capital Wealth Advisors howardlindzon.com, capitalwealthadvisors.com blog.capitalwealthadvisors.com/trends-tail-risks Twitter: @howardlindzon, @PanicwFriends, @TrendsTailRisks, @knutjensen linkedin.com/in/lewismjohnson
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
Introduction (00:40)
2020 Take - Value & Growth (04:17)
Welcome Lewis (07:00)
Cycles have a logic of their own (08:19)
Commodities & Value back in favor (10:04)
A Deglobalization Cycle underway (12:11)
A chain of Deglobalization events (13:22)
Positioning and asset allocation (16:47)
The nature of the cycle (17:50)
Taking a defensive stance (18:07)
Real Estate bubble in China (18:29)
De-risking early (20:12)
Short squeeze in Commodities (20:44)
The Fed can’t print corn (21:23)
European energy supply crisis (21:46)
Avoiding last cycles winners (22:41)
Defensive/Offensive investing (25:16)
Tech under a deglobalization mindset (26:13)
Valuation is the first lens (26:48)
Reconstructing the supply chain (27:25)
Defense spending and stocks (27:50)
Emerging markets in crisis (31:27)
Living in Florida (33:33)
Market volatility (35:47)
Risk management first (36:19)
Fundamentals, supply, demand, valuation matters (37:20)
Avoiding black swans (37:43)
60% of the world’s debt is in dollars (39:02)
Wrapping up (41:11)
Closing thoughts (41:54)
Related Episode: Co-Founder and President of Fundamental Global Lewis Johnson Joins Me on Panic with Friends to Discuss the Business of Investing – from Asset Management to the Nature of Cycles (EP.120)
Today’s guest, Serge Kassardjian, is the co-founder and CEO of StayTuned Digital, and a partner at 6th Man Ventures. He got his MBA from Harvard and Bachelors and Masters in Engineering from Stanford, where he was the President of his class. Serge is a fighter, an entrepreneur with irons in the fire of two incredibly volatile sectors – e-commerce and crypto, so he’s the perfect guest to come on Panic with Friends. As the pundits at CNBCq say ‘the markets are in turmoil’; and it’s not just crypto, but our beloved e-commerce stocks, including Amazon $AMZN and Shopify $SHOP, that are taking a beating. We discuss StayTuned Digital, which is a Shopify roll-up, but not in the classic sense of rolling up e-commerce stores – they’re rolling up software companies on the app side. We get into Serge’s love of STEPN – the crypto/web3 lifestyle app, and what the future crypto/web3 ecosystem might look like for us ‘normies’. (Full disclosure: StayTuned is a Social Leverage (Fund III) portfolio company.) Guest - Serge Kassardjian, Co-founder and CEO at StayTuned and Partner At 6th Man Ventures howardlindzon.com, staytuned.digital, 6thman.ventures, sergekassardjian.com Twitter: @howardlindzon, @PanicwFriends, @sergekass, @staytuned_dig, @knutjensen linkedin.com/in/sergekass
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
Introduction (00:043)
Welcome Serge (03:21)
Selling dumbbells (04:05)
Coming to America (05:11)
Starting in e-commerce (07:17)
Macro trends in e-commerce (09:22)
Growth is in headless solutions (10:50)
Non-linear paths in startups (13:14)
Serge’s time at Google (13:38)
Shopify app roll-ups (14:03)
Building the StayTuned team (14:43)
Getting into crypto (16:02)
Early whale on NBA TopShot (17:28)
International e-commerce (18:06)
Venture debt model (19:05)
StayTuned apps (20:26)
Shopify competition (22:25)
Catching the crypto bug (24:35)
Talent moves to crypto (26:02)
Crypto adoption demographics (27:40)
STEPN sneaker NFTs (29:54)
Wrapping up (37:23)
Closing thoughts (38:59)
Today’s guest, Matt Ober, is a really good friend of mine. We laugh about everything – but now we’re laughing on the same team, which is the best. Matt joined Social Leverage as a GP a few months ago – and he’s the upgrade we’ve needed to think about the future as the surface of tech continues to expand. Matt was most recently the Chief Data Scientist at Third Point. Prior to that he was head of Data Strategy at WorldQuant and part of the WorldQuant Ventures founding team focused on private investments. Matt is based out of New York City, which gives us boots on the ground there as the web evolves into the next web. He’s also started his own company, which we talk a little bit about; I’m always excited to have people on our team who have companies – it keeps the entrepreneurial juices flowing. Matt is wicked smart and knows the business. We overachieved by bringing him on board. He’s got all the gifts – he knows how to be social, and how to ask the right questions. Guest - Matt Ober, General Partner at Social Leverage howardlindzon.com, socialleverage.com Twitter: @howardlindzon, @PanicwFriends, @obermattj, @knutjensen linkedin.com/in/matt-ober-caia-b2469214
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
Introduction. (00:39)
Welcome Matt. (05:19)
Working with Social Leverage (06:41)
Starting out at Bloomberg (07:18)
Responding to a Craigslist ad (08:07)
No information overload, only filter failure (09:33)
Learning the startup business (11:07)
Good rabbit holes and bad rabbit holes (12:40)
Working with Dan Loeb at Third Point (13:51)
Getting into crypto (15:12)
Why crypto is enticing to smart people (17:02)
Matt's startup (18:01)
Consistent returns on the quant side (21:19)
More freedom with a smaller firm (23:00)
Concentration v. 1,000s of positions (24:17)
Geography matters less now (25:02)
Leveraging web3 to build the future (25:20)
Talent migration (27:02)
The next generation of digital natives (27:15)
Staying connected by disconnecting (28:04)
What Matt reads to stay ahead (30:27)
It's data, content, filters, and your network (33:29)
Wrapping up (35:06)
Closing thoughts. (39:44)
I’m excited for today’s guest, Abe Finkelstein. For over five years I’ve been picking his and his partners' brains, which is why I love this job – I love being able to tap into the wealth of knowledge from people like Abe. He’s a GP at Vintage Investment Partners based out of Israel – a $3 billion fund of funds with an interesting model. We talk Israel, we talk growth, we talk about tech and how all this stuff works – all the parts of the system and how you get capital. Prior to joining Vintage in 2003, Abe was an equity analyst with Goldman Sachs covering Israeli technology companies. Before Goldman, Abe was Vice President at US Bancorp Piper Jafray, where he helped start and then headed their Israel technology shares institutional sales effort. Abe has a BS in Economics from the Wharton School, where he graduated Magna Cum Laude. Guest - Abe Finkelstein, General Partner at Vintage Investment Partners howardlindzon.com, vintage-ip.com Twitter: @howardlindzon, @PanicwFriends, @Vintage_Inv, @knutjensen linkedin.com/in/abe-finkelstein
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
Introduction. (00:40)
Welcome Abe. (04:09)
Starting a career in finance. (06:17)
Moving to Israel. (07:25)
Getting Vintage off the ground. (10:25)
Living through multiple market cycles. (10:57)
Deploying funds across three geographies. (11:37)
Making few direct investments recently. (12:47)
The disconnect in public and private markets. (13:17)
A world with 10 Softbanks. (15:11)
Younger managers have never seen a downturn. (16:31)
Start learning the underlying portfolios. (22:15)
Living in Israel. (23:06)
Panicked about traveling again. (29:31)
Waiting for the next $10, or $100 billion Israeli company over the next 10 years. (30:16)
Looking towards Europe. (31:33)
Intrigued by web3 and the gaming ecosystem. (32:37)
Favorite cities to visit. (34:07)
Wrapping it up. (38:48)
Closing thoughts. (39:44)
My special guest today is Spencer Jakab from the Wall Street Journal – I say special because I’m doing something I rarely do – talking about stuff that’s fascinating to me. Normally I’m fascinated by the people, but don’t understand half the stuff we talk about because I’m learning; whether it’s crypto or trading. This episode is near and dear to my heart because we’ve got a true journalist on the show, not because he went to journalism school, but because after spending a decade at Credit Suisse, Spencer went out and learned journalism on the job. He’s the editor of the Wall Street Journal’s Heard on the Street column, and he recently published The Revolution That Wasn’t. And Spencer is one of the good guys. We’ve hung out quite a bit – he’s always been supportive of community and he understands what it’s like to build brand and how hard it is to survive in the financial world. It’s safe to say he’ll be a recurring guest here on Panic. Enjoy the episode. Guest - Spencer Jakab, Journalist and Author of the book “The Revolution That Wasn’t” howardlindzon.com, spencerjakab.com/buy-my-book Twitter: @howardlindzon, @PanicwFriends, @Spencerjakab, @knutjensen spencer.jakab@wjs.com linkedin.com/in/spencer-jakab-43b635b
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
Introduction. (00:40)
Welcome Spencer. (04:22)
Working for Rupert Murdoch. (04:43)
Moving from Research Analyst to Journalist. (06:40)
Using the Print Edition to spot developing stories and trends. (08:06)
The revolution that wasn't. (11:17)
Robinhood, Wall Street Bets, and Gambling Culture. (11:52)
Cornering the Market. (14:50)
Retail versus 'The Suits'. (16:23)
It went down in real time on Twitter. (20:45)
From immigrant to Columbia. (23:15)
Bull Market geniuses. (25:27)
The fintech disruption that wasn't. (26:36)
Addressing the retirement crisis. (27:44)
Painful lessons for young people. (28:20)
Bit by the gambling bug. (29:21)
Fear and Greed. (33:42)
Getting on the financial ladder has never been easier. (37:06)
Dealing with the old guard. (38:04)
The need to educate investors. (39:02)
It's all Jesse Livermore 2.0. (41:23)
SEC should do their job. (43:31)
Being careful about leverage. (45:01)
Wrapping it up. (47:21)
Closing thoughts. (48:34)
My buddy Ross is back for round two of Panic. He’s the open source guru who started Mulesoft – which was well covered in our previous interview (EP.103) – but today we’re going down the crypto/NFT rabbit hole. And if there’s anybody outside of Fred Wilson, Chris Dixon, and the people at Multicoin I’d trust on this topic, it’s Ross. That’s because he’s the king of open source. A crown I’ve bestowed on him, mostly because he’s the only one I know in open source. Not only is Ross a unicorn founder, he’s also a seed investor in a unicorn through his fund, Dig Ventures. He’s been on both sides of the table, which is why I brought him in as a board member for $SLAC the SPAC. Nowadays Ross splits his time between Switzerland and Amsterdam, one of my top five favorite cities in the world. I’ll be catching up with Ross in Amsterdam this week! Be sure to follow along on Twitter. Guest - Ross Mason, Founder at Dig Ventures howardlindzon.com, dig.ventures Twitter: @howardlindzon, @rossmason, @dig_ventures, @PanicwFriends, @knutjensen linkedin.com/in/ross-mason
fintech #invest #investment #venturecapital #stockmarket #finance
EP.103: https://open.spotify.com/episode/4Hq5nGVsLmLepCIRfSGHWr Show Notes:
Introduction. (00:39)
Welcome Ross. (05:51)
Best cities in the world. (06:04)
Leaving Mulesoft for good. (08:34)
Leveraging the social networks (09:06)
Digging into web3 whitepapers. (10:07)
The Holy Grail of Open Source. (12:24)
Down the crypto rabbit hole. (13:24)
Crypto’s gaming angle. (15:10)
NFTs as assets. (16:33)
You’re going to get scammed. (19:17)
Manufactured urgency, but it’s fun. (22:49)
Living with the drawdowns. (23:41)
The thesis for minting your own coin. (26:03)
Creating a ‘carry’ token. (27:40)
Can centralization fix the scams? (30:49)
Build your community the correct way. (31:48)
Helping founders (33:52)
Public tech meltdown (38:47)
Long bitcoin and ethereum. (39:52)
The need for middleware connections. (40:34)
Amsterdam's web3 culture. (42:19)
The thing about FIFA. (46:07)
Wrapping it up. (47:39)
Closing thoughts. (49:12)
Today’s guest is a master of the markets. I’ve been following her work since the start of TheStreet.com. To say she’s a fan of the markets is an understatement. Helene got started in the markets in 1982 at Cowen and Co and then moved on to Goldman Sachs where she was their first ever technical analyst. And she learned early on that if you're going to work at Goldman you're going to put your money where your mouth is. Today she’s a mentor to thousands, if not tens of thousands, of people that like to think clearly about the markets and learn about technical analysis and price and sentiment – all the things that make markets work. The stories are fantastic – the weird dynamics you have to deal with when running people's money, being an analyst, and building stock charts by hand – she’s a legend with a great sense of humor. You can find her on FinTwit talking about all this stuff every day. Guest - Helene Meisler, Financial Markets Analyst and Columnist for RealMoney.com howardlindzon.com, RealMoney.com, realmoney.thestreet.com Twitter: @howardlindzon, @hmeisler, @realmoney, @PanicwFriends, @knutjensen linkedin.com/in/helene-meisler-4a783153
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
Introduction. (00:42)
Welcome Helene. (04:02)
Helene lands on Wall Street in 1982. (05:43)
Becoming a market technician by working with a mentor. (08:36)
Are you a technical analyst, or just a chart reader? (12:11)
There's no "one" correct way - her style might not work for you. (13:23)
Moving to Goldman Sachs. (14:37)
The General Motors $GM trade. (16:01)
Calls that shook her confidence. (21:16)
Entering a Bear Market in 2021. (25:56)
Tops and Bottoms aren't built in a day. (27:57)
Working with Jim Cramer. (28:22)
Reacting to "V" bottoms in the market. (31:29)
Helene's typical day as a market technician. (34:07)
The pain of a broad market decline. (39:24)
Wrapping it up. (44:23)
Closing thoughts. (46:16)
Today’s guest is someone I’ve hung out with a few times, but mostly we’ve banged into each other on Twitter over the years. Mike Dudas is a fireball of creativity. He got the nickname ‘Foodas’ because his weight bounces around like Oprah. And I call him the White, Jewish Oprah. I’m an LP in his fund, 6th Man Ventures, which he started with his pal Serge Kassardjian. Before that Mike was the founder of The Block, where I was a small personal investor who tried to talk him out of doing that. He’s been on every side of the field, up and down and around; VC Investor, Founder, Trader, you name it. Mike was the co-founder of Button, a mobile marketing platform. He’s worked at Google, Braintree/Venmo, and PayPal. Mike started his career in corporate M&A at Disney. He’s got a BA from Stanford and an MBA from Kellogg. There’s a lot to learn here, and I hope you enjoy this episode as much as I enjoyed recording it. Guest - Mike Dudas, Co-founder at 6th Man Ventures howardlindzon.com, 6thman.ventures Twitter: @howardlindzon, @PanicwFriends, @mdudas, @knutjensen linkedin.com/in/mdudas
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
Introduction (00:38)
Welcome Mike Dudas to Panic with Friends (05:07)
Mike founds The Block around the end of the first crypto bubble and gets Howard’s advice. (06:16)
Being in the right role as a founder versus an operator. (09:31)
The business of Golf and the LinksDAO thesis. (11:16)
Operating and developing a high quality golf experience that’s accessible to everyone. (15:26)
If you don’t know crypto, just pay the 2 and 20. (19:34)
Using bitcoin as a store of value in a really high long-term inflation environment. (21:11)
Tokens allow you to have power in the network by incentivizing certain activities and helps with coordination. (22:21)
The smartest people in the world are not experts on which layer two solution will be dominant in five years time. (23:22)
We can't all be Zuckerbert; the world needs operators. (26:14)
Starting 6th Man Ventures. (26:38)
New York is back baby! (31:23)
Mike’s younger days and starting at Disney. (33:56)
The Vibe bio project. A DAO model for getting drug discovery through clinical trials and into development. (38:41)
Wrapping up. (40:39)
Closing thoughts. (42:19)
In this episode my good friend Ryan Spoon makes his Panic debut. We’ve known each other forever on the internet and met in person about seven years ago when Greg Bettinelliintroduced us at the Upfront conference. Ryan is a great connector – a super connector; and a platinum Social Leverage investor in all of our funds. Ryan is an operator extraordinaire. He was a senior vice president of digital and social at ESPN for eight years. He’s seen growth, he knows sports, he knows mobile, he knows entertainment. And now he’s the COO of Sorare – the intersection of fantasy sports, blockchain, and community. You’ve heard me say it often: the world needs operators. Everybody can start a company, everybody has an idea, and until a few months ago, everybody could raise money; put all this together and no one knows what the hell they’re doing and what we need are operators. Guest - Ryan Spoon, COO at Sorare howardlindzon.com, sorare.com, sorare.com/blog, Twitter: @howardlindzon, @ryanspoon, @sorare, @PanicwFriends, @knutjensen linkedin.com/in/ryanspoon linkedin.com/company/sorare/
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
Introduction and a guest appearance by former President Donald Trump (00:40)
Welcome Ryan Spoon to Panic with Friends (06:16)
Ryan explains what it means to be a great “operator” (07:01)
Why Ryan was attracted to Sorare - the NFT based fantasy sports gaming company (08:42)
How Ryan met the Sorare founders through Benchmark (12:03)
What Ryan has had to learn about crypto and why there’s still much to learn (14:11)
The role of NFTs within fantasy sports (15:44)
How to get started and the onboarding experience (18:11)
Leveraging soccers global reach (19:41)
Why adding baseball is a no-brainer (25:14)
How professional athletes increase fandom and engagement (28:55)
Teaching your kids about investing (32:17)
Gambling - everything is regulated but kids can YOLO their last $200 of food money over the weekend (34:26)
What worries Ryan in 2022 coming out of COVID (38:03)
What is it about the holy grail of data that keeps Ryan excited (40:48)
Why Ryan is bonkers over Sleep 8 and getting a good night’s sleep (42:13)
How Benchmark and Sorare found each other (47:00)
Wrapping up and closing thoughts (47:57)
Today’s guest is David Woo, a former Wall Street Investment Strategist and now the CEO of David Woo Unbound, where he’s leveling the playing field for Main Street. His blog, podcast, and YouTube are a global forum promoting fact-based debates about markets, politics, and economics. David was previously the Head of Global Rates, Foreign Exchange, and Emerging Market Fixed Income and Economics Research at Bank of America. He holds a Ph.D in Economics from Columbia. We’re just over two years from the last market panic, and I thought it was important to bring him on to talk global macro since we find ourselves smack in the middle of another panic – inflation, rising interest rates, markets melting, and the possibility of total war. He’s got some really strong opinions, ideas, and forecasts I thought I should share. Enjoy! Guest - David Woo, CEO of David Woo Unbound howardlindzon.com, davidwoounbound.com Twitter: @howardlindzon, @PanicwFriends, @davidwoounbound, @knutjensen linkedin.com/in/david-woo-1479a492
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
(00:43) – Intro
(05:49) – Welcome David Woo
(06:07) – The pivot in global macro
(09:41) – Tech won’t solve this
(11:42) – Global momentum is slowing
(19:04) – Waking the dragon
(21:07) – Energy is key
(25:57) – Pressure on the system
(36:50) – Profit margins under pressure
(37:42) – Looking at a recession?
(42:14) – Wall Street v. Main Street
(44:49) – Wrapping up
(48:27) – Closing thoughts
Today’s guest is former NBA player Omri Casspi. Notably, he’s the first Israeli drafted to play in the NBA, he’s the managing director of the Omri Casspi Foundation, he’s got a VC fund, he’s even got his own podcast. Omri is now part of this crossover group of athletes in the right place at the right time. Less than a year after retiring, he co-founded his fund Sheva (seven in Hebrew) with David Citron. Their $50 million fund is focused on pre-seed and seed stage high-tech startups. I had a chance to spend time one on one with Omri in Tel Aviv and am suitably impressed. (Full disclosure: I’m an investor in his fund.) And now he’s back for an in-depth discussion on moving from professional sports to investing. Enjoy. Guest - Omri Casspi, Tech Investor, Partner at Sheva, Managing Director at the Omri Casspi Foundation howardlindzon.com Twitter: @howardlindzon, @Casspi18, @PanicwFriends, @knutjensen linkedin.com/in/omri-casspi-3a575173 facebook.com/Omri
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
(00:39) – Intro
(05:20) – Welcome Omri
(06:45) – The NBA draft
(12:58) – Moving back to Israel
(14:11) – Playing in the NBA
(14:47) – Similarities between sports teams and founders
(18:18) – Bringing value
(19:59) – Back to hoops
(26:47) – Web3 infrastructure play
(29:57) – Getting an investing edge
(31:17) – Helping founders succeed
(34:24) – Hosting a podcast
(36:02) – Screening investments
(38:11) – Israeli politics
(41:05) – The wallet is the thing
(43:29) – Wrapping up
(44:31) – Closing thoughts
Today’s guest is one of my favorite follows, and the reason I started following him is because in the old days everybody linked to everybody. That’s how the internet just worked. To get smart we linked, we shared, we discovered. Luckily I discovered Horace. He understood Apple. He studied and wrote about the company and helped me stay with Apple, not from talking specifically about the stock, but writing about what made Apple great. Horace now runs one of the best twitter streams, with a podcast arm, centered around micro mobility. If you like smart people and you like stuff that will actually help you make money, even though he’s not talking specifically about stocks, Horace will be your man. I hope you enjoy this episode, and you can be sure Horace will be a recurring guest here on Panic with Friends. Guest - Horace Dediu, Founder and Author of Asymco.com, Partner at Relay Ventures howardlindzon.com, asymco.com, micromobility.io Twitter: @howardlindzon, @PanicwFriends, @hdediu, @asymco, @knutjensen linkedin.com/in/dediu
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
(00:40) – Intro
(05:06) – Welcome Horace
(07:00) – Writing on the mobile industry
(10:40) – Working at Nokia
(12:46) – Making smartphones for the masses
(14:18) – The battle between Microsoft and Nokia
(17:47) – Apple and the iPod
(20:38) – Horace starts blogging
(24:33) – Rumors of the Apple "car"
(26:02) – Communications is a commodity
(30:08) – 2008 Steve Jobs conference call
(33:38) – Humility as a business model
(39:05) – Wrapping up
(42:24) – Closing thoughts
Today’s guest is an incredible leader building an incredible company. Patrick Spence is the CEO of Sonos ($SONO), a $3.5 billion dollar hardware audio company. I get excited because this is one of those companies I like to call fashology – where fashion meets technology. Patrick made his bones at Blackberry, fighting in a land of giants; taking on Apple and Google and Microsoft and Qualcomm. And at Sonos he continues to wage war in a world of giants, competing against the likes of Apple and Google. It’s a great growth story and I hope you enjoy it. Guest - Patrick Spence, CEO at Sonos howardlindzon.com, sonos.com Twitter: @howardlindzon, @PanicwFriends, @Patrick_Spence, @Sonos, @knutjensen linkedin.com/in/patrickspence
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
(00:49) – Intro
(04:42) – Welcome Patrick
(07:14) – Taking the reins at Sonos
(10:46) – The background on Blackberry
(09:05) – Innovators Dilemma - Lessons from Blackberry
(25:04) – Taking on Big Tech
(26:59) – Hitting escape velocity
(29:47) – Peter Lynch - Buying what you know
(30:43) – Partnering with IKEA
(37:17) – Partnerships and Collaboration
(41:01) – Tackling the Supply Chain
(42:50) – Remote work and company culture
(46:08) – Wrapping up
(47:46) – Closing thoughts
I went a little selfish with this episode and geeked out with a super smart person on the Fed, the markets, tech, fintech, lending and the economy. I’m talking with one of my favorite financial bloggers, Marc Rubinstein. Marc is retired from Lansdowne Partners, one of Europe’s largest hedge funds. While there, he advised on a US $4 billion global long/short financials equity fund. Now Marc is an active value investor and early-stage fintech investor, as well as the author of the popular weekly financial newsletter, Net Interest. He’s also a contributor to Bloomberg Opinion. I hope you enjoy this conversation as much as I did. Guest - Marc Rubinstein, Finance writer at Netinterest - Weekly newsletter on financial sector themes, and Former Hedge Fund Manager. howardlindzon.com, netinterest.co Twitter: @howardlindzon, @PanicwFriends, @MarcRuby, @knutjensen linkedin.com/in/marc-rubinstein
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
(00:39) – Intro
(04:33) – Welcome Marc
(05:07) – Best part of living in London
(06:14) – Getting started in the markets
(09:05) – Top-down thinking about risk
(11:47) – Panicking about the Fed panicking
(16:17) – The lending side of fintech
(23:15) – Private investment & the IPO market
(29:43) – Growth and the cloud-based economy
(33:17) – Multiple disruptions of Western Union
(34:40) – Circling back to the Fed
(37:06) – Banks actually do go bust
(38:54) – Wrapping up
(40:31) – Closing thoughts
I haven’t met today’s guest in person, yet I consider him a brother. He’s a master of business development. He’s a master at brand. Sina has seen inside the belly of the beast as Robinhood’s first head of crypto during a period of hyper growth where millions are signing up and you have to hold on just to stay alive. Prior to that, he co-founded one of the earliest crypto fund of funds. But he started his career on the dark side with Morgan Stanley, and later Credit Suisse. Now Sina is performing magic in the fast-paced world of crypto on behalf of FTX. He got his BA from UC Berkeley and an MBA from USC. Needless to say, Sina will be a regular on Panic with Friends. Guest - Sina Nader, Head of Partnerships at FTX.US howardlindzon.com, FTX.US Twitter: @howardlindzon, @PanicwFriends, @FTX_US, @SinaNader33, @knutjensen linkedin.com/in/sinanader
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
(00:48) – Intro
(05:39) – Welcome Sina
(07:42) – Crypto Fund of Funds
(12:17) – 96 percent of the world still isn't in Crypto
(14:37) – Bitcoin as a seat at the table (Carl Icahn)
(16:45) – Genesis of a Super Bowl Commercial
(22:51) – Pitching Larry David
(25:20) – A "spreadsheet in the sky"
(38:04) – Connecting with SBF
(41:54) – Keeping the momentum going
(50:37) – The importance of compliance and regulation
(55:45) – Wrapping it up
(56:38) – Closing thoughts
My good friend Josh is the co-founder and CEO of Small Door, a startup that is completely overhauling the pet care industry with a tech-infused membership model. It’s a magical bricks-and-mortar meets software experience. And we go deep on what it takes to build a retail-physical-software company smack in the middle of a global pandemic. Prior to co-founding Small Door, Josh was a successful investor at Softbank, and before that he was part of the management team at public company Outbrain ($OB). I’m a personal investor in the company, so let’s just say Josh is probably going to need a bigger door when I bring my horse in to his West Village location. Guest - Josh Guttman, Founder at Small Door howardlindzon.com, smalldoorvet.com Twitter: @howardlindzon, @PanicwFriends, @JGut, @SmallDoorVet, @knutjensen linkedin.com/in/joshguttman
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
(00:38) – Intro
(03:10) – Welcome Josh
(06:15) – Disrupting pet care
(09:26) – Planning, research and executing
(10:49) – Launching in a pandemic
(13:08) – Reaching profitability
(16:18) – Scaling brick and mortar
(22:21) – High-end offerings
(27:15) – Working on something mission driven
(28:37) – The war for talent
(32:56) – Fundraising during a pandemic
(34:12) – Dealing with Private Equity
(39:59) – Wrapping it up
(40:53) – Closing thoughts
I’m excited about our guest today. Jack’s been doing startups from a young age. In his early twenties he started a company called Milo, which ended up being acquired by eBay for around $80-90m. Since then he’s been using a studio model at Atomic; the “two pizza team” principle. His dynamic teams have been busy churning out innovative ideas that scale into billion dollar companies. Jack moved the firm to Miami over the pandemic and hasn’t looked back. I would encourage anyone young listening to this to definitely go out and build. There’s a lot to build, lots of problems to solve and things to fix. Just do it. Guest - Jack Abraham, Founder, CEO and Managing Partner at Atomic.vc howardlindzon.com, atomic.vc, atomic.vc/futurefounders/ Twitter: @howardlindzon, @PanicwFriends, @jackabraham, @knutjensen linkedin.com/in/jackabraham
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
(00:40) – Intro
(03:35) – Welcome Jack
(04:23) – Moving to Miami
(08:27) – Major firms in Miami
(13:46) – The epicenter of the startup scene
(18:34) – Founding Milo
(27:12) – Getting acquired by eBay
(31:50) – Meeting and mentoring Entrepreneurs
(32:53) – Delivery by building the last mile at scale
(36:19) – Complexity of the studio model
(39:20) – Innovating with "two pizza" teams
(42:43) – Avoiding the traps of the studio model
(44:17) – Looking for the compounders
(44:35) – OpenStore - Liquidity drives progress
(50:10) – Two public companies outside of FAANG
(53:16) – Labor participation and inflation
(53:39) – Technology improves productivity
(57:21) – Closing thoughts
You know what we do here on Panic. We talk about entrepreneurs and founders and investors looking for inspiration and trends. Today’s guest is the epitome of a grinder. Dorrian Porter is the founder and CEO of Vestaboard. Maybe I’m biased because I’m a small personal investor, but it took him a long time to create the hardware. It’s really where art meets science meets technology. And I love it. It’s rare you meet a founder who is truly pushing a rock up a mountain. I hope you enjoy listening as much as I enjoyed my conversation with Dorrian. Guest - Dorrian Porter, Founder & CEO at Vestaboard howardlindzon.com, vestaboard.com Twitter: @howardlindzon, @PanicwFriends, @dgp, @vestaboard, @knutjensen linkedin.com/in/dorrianporter
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
(00:39) – Intro
(05:17) – Welcome Dorrian
(05:57) – The elevator pitch
(08:02) – The inspiration for Vestaboard
(15:12) – Designing and manufacturing
(17:26) – Concept to shipping product
(21:10) – The reality of the supply chain
(26:10) – Economies of scale to lower prices
(28:45) – The magic and aesthetic for kids
(31:26) – Getting the software right
(32:49) – Celebrity customers
(35:11) – Using data to delight customers
(40:50) – Getting the core product right first
(43:45) – Art as a communication platform
(51:01) – Closing thoughts
I’ve got Kyle Samani back for his third appearance on Panic with Friends. As unusual, Kyle does a fantastic job of breaking down crypto with compelling use cases that will leave you with a better understanding of where we’ve been and where the promise of Web3 will take us. I’ve been a personal LP in his fund since it started in 2017, with positive results even through the brutal Crypto Winter of 2018/19. This episode piggybacks last weeks episode with Tushar Jain, Kyle’s co-founder at Multicoin Capital. Listen to them both. You’ll walk away realizing the inevitability of Web3 and where the major trends in technology are developing. Guest - Kyle Samani, Co-Founder and Managing Partner of Multicoin Capital Multicoin Summit Keynote howardlindzon.com, multicoin.capital Twitter: @howardlindzon, @PanicwFriends, @kylesamani, @multicoincap, @knutjensen linkedin.com/in/kylesamani
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
(00:37) – Intro
(03:38) – The biggest change from the multitude of crypto pullbacks
(04:45) – Growth and estimates of individual crypto holders
(05:30) – Changes in how people access information
(07:48) – Trading platforms are a commodity
(09:23) – The 'flippening' from stocks to crypto
(10:27) – Composability explained
(13:45) – Building higher order apps on top of existing things
(16:11) – Importance of latency and throughput
(17:45) – Accelerating the adoption of sovereign software
(19:54) – How things are different now
(23:04) – The case for compute (Render)
(28:20) – Designing a token system that captures value
(32:07) – Fleshing out the Web3 infrastructure
(32:17) – Defining Web3
(34:25) – Web3 compliments Web2
(35:41) – Understanding competing blockchains
(38:47) – Binance, FTX, and Coinbase
(43:46) – Closing thoughts
I’m really excited to have special guest Tushar Jain on the pod. He’s the co-founder and managing partner of Multicoin. We talk about the current crypto market, what it was like in the 2018/19 bear market, and what we can expect with crypto/web3 on a 2 to 5 year time horizon. We discuss The Graph, Helium, and Render. We’re still at the beginning with crypto, which means volatility is here now, but the future is out there; we’ve been in a blackberry moment, web3’s iPhone moment is coming. This tech bear market we’re in right now may be the catalyst that gets people focused on the next big thing. Guest - Tushar Jain, Co-Founder and Managing Partner of Multicoin howardlindzon.com, multicoin.capital Twitter: @howardlindzon, @PanicwFriends, @TusharJain_, @multicoincap, @knutjensen linkedin.com/in/tjain251
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
(00:37) - Intro
(02:21) - Schmuck insurance
(05:30) - Accelerating the adoption of sovereign software
(07:28) - Ethereum - First big aha moment
(10:02) - Starting an investment firm
(14:41) - Timing crypto tops and bottoms
(16:58) - Betting on The Graph
(24:55) - Defining web3
(25:28) - Censorship resistant, neutral, permissionless
(25:44) - No toll, no excess rents
(27:12) - Your private key is the most important thing
(29:37) - The Helium business model for deploying networks
(40:04) - Everyone's trying to build the smartphone equivalent of web3
(40:35) - A clear vision for crypto
(43:24) - Excited about UXD
(44:56) - Semiconductors, Mining, and Compute
(47:00) - Closing thoughts
The markets are in turmoil, and while this is an evergreen podcast, I thought it was important to put this episode out now and address what’s currently going on in the markets because we’re having our first real Panic since March of 2020. We kept our cool back then, but this panic we’re in now is very focused on a specific group of companies. It’s mainly focused on technology companies that are doing well, but are just overvalued. Host - Howard Lindzon, Managing Partner at Social Leverage, and Host of Panic With Friends Podcast Co-Host - Knut Jensen, Sidekick and Producer of Panic With Friends Podcast howardlindzon.com, socialleverage.com Twitter: @howardlindzon, @socialLeverage, @knutjensen linkedin.com/in/howardlindzon linkedin.com/in/knutejensen linkedin.com/company/socialleverage Odd Lots podcast with Joe Weisenthal and Tracy Alloway
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
(00:42) - Intro
(03:27) - Listener questions
(04:13) - For any Whoop employees listening
(04:28) - What is the Great Roundtrip and what can we learn from it?
(05:46) - Poster child ARK’s Cathie Wood
(06:29) - The FANG stayed intact for the most part
(07:26) - We don’t have a full market crash
(08:22) - Great investors will find the companies that emerge
(08:51) - Cloudflare, Shopify, and Zoom
(09:48) - 8 to 80 brands with great margins
(11:24) - Are the markets as connected as I thought?
(11:44) - Private markets acting more efficiently than public
(12:31) - Public market equivalent selloff of 50, 60, 70 percent
(14:16) - A nasty correction in pricing for private companies
(15:11) - Eventually these are connected markets
(15:38) - What excites me moving forward
(16:00) - Tech outperforms over the long haul
(16:44) - If energy stays up, high tech will win
(17:07) - Figuring out how to get rid of carbon
(17:31) - While everybody chases energy, tech will win the day
(18:11) - Tech stocks are not 1999
(21:45) - We need balance, but the show is about trends
(22:07) - Closing thoughts
I'm excited to bring one of my favorite guests back for his second round of Panic: Yoshi Yokokowa, founder of Alpaca, a Social Leverage Fund III portfolio company. Coming to you all the way from Japan, Yoshi is here to talk fintech, the stress of a recap, and the stress of losing momentum at an early stage. And to all those founders out there listening, we don't talk about recaps or losing momentum much because it's not fun. But people pricing their companies to perfection in the first year, should be careful what they wish for; things can and do go sideways. Guest - Yoshi Yokokawa, Co-Founder and CEO at Alpaca howardlindzon.com, alpaca.markets Twitter: @howardlindzon, @PanicwFriends, @iyoshyoshi, @AlpacaHQ, @knutjensen linkedin.com/in/yoshiyokokawa
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
(00:39) – Show intro
(04:50) – Introducing Yoshi
(05:46) – Quick summation of Alpaca
(08:44) – A distributed global workforce
(10:32) – Extreme tailwinds in the fintech industry
(11:46) – The "Great Round Trip"
(13:14) – A macro bet on owning the stack
(14:40) – Disrupters, incumbents, and wallet share
(17:10) – Not everybody gets a balloon and lollipop
(19:08) – Transparency and how things work
(19:45) – Open source. Like water/public utility
(22:02) – The 'sameness' of financial services
(22:14) – Leveraging information asymmetry
(23:36) – Advice to Robinhood
(24:12) – Understanding your customers
(24:56) – Laying some digital pipe
(26:48) – Advice to fintech founders
(32:34) – Filling the gap for certain regions
(37:03) – Creating more convenience peer-to-peer
(37:48) – Keeping up with fintech trends
(42:06) – Closing thoughts
It’s 2022 and the memes will go on, but hopefully investors will get wiser and smarter. But a world in which energy is the best performing asset bores the hell out of me, so I decided to bring Justin Reis of Watchbox back for a second round of Panic. He’s quickly becoming one of my favorite guests. I’ve long been fascinated by all things watches, and Justin is my go-to expert on buying, selling, and trading pre-owned luxury watches. I hope you enjoy our chat on creating value through the power of community and passion. (Full disclosure: Social Leverage is an investor in Watchbox through a single purpose vehicle.) Guest - Justin Reis, Co-Founder and Global CEO at WatchBox howardlindzon.com, thewatchbox.com Twitter: @PanicwFriends, @howardlindzon, @watchbox_global, @knutjensen linkedin.com/in/justin-reis-633925188
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
(00:11) – Show intro
(03:16) – Introducing Justin
(04:23) – The macro environment
(06:05) – Changes in market conditions
(06:56) – Average selling prices on Watchbox
(10:06) – Bringing liquidity through a store of value
(11:16) – Leveraging Brand Equity
(13:19) – Building trust through community
(16:34) – The pop-up model meets high-end retail
(17:43) – Customer retention and building loyalty
(26:11) – Looking at the underlying trends
(28:45) – It isn't fun if you can't share the passion
(30:16) – Size of the primary and secondary watch market
(33:10) – The best watch for the beginning collector
(35:02) – Howard's home address and safe combination
(36:50) – Limited production timepieces
(39:01) – Pros and cons of running a public company
(40:13) – Your mom probably listens to Panic with Friends
(43:03) – The value creation inherent in community
(44:06) – Closing thoughts
I last sat down with Rob back in April of 2019 and we discussed the best tools for researching stocks. A lot has changed since then. 2022 is going to come down to fundamentals. Up until now it’s been a party, but the Fed is deciding to rein in the 50 year party of loose money. Stocks trading at 100 times revenue are now at 40 times, or even 20 times revenue. We’re at a point where it’s time to look at the numbers. Rob and I discuss fundamentals, what’s happening in the market, and how he thinks about building a product for a world that hasn’t cared about fundamentals for a long time. . Guest - Rob Koyfman, Co-founder and CEO at Koyfin howardlindzon.com, koyfin.com Twitter: @howardlindzon, @KoyfinCharts, @koyfman, @knutjensen linkedin.com/in/rob-koyfman-8b693317
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
(00:11) – Show intro
(04:26) – Introducing Rob
(06:59) – Seeing a turn in the market
(08:59) – Rob gets the Stock Market bug
(11:02) – A Bloomberg for everyone
(13:18) – Organizing and delivering the data
(17:48) – Relating one stock to another via fundamentals
(28:26) – Solving real fintech data problems
(31:50) – Individual investors want professional tools
(35:15) – A reduction in liquidity and Fed raising rates
(39:20) – Market pricing in rate hikes
(42:36) – Capping the commodity cycle
(46:34) – Looking at the generally accepted fundamentals of crypto
(52:46) – Closing thoughts
You yutes have it so good. Mark and I used to walk up hill in the snow both ways to school, we had Hebrew class 8 days a week, and we had to read actual books at an actual library. I first met Mark about 15 years ago in the early days of Stocktwits; at the Macanudo Cigar bar. We talk charitable work, market cycles, investing, inflation, and valuation. It was good to catch up. I hope you enjoy our conversation and appreciate how good you have it. Guest - Mark Gerson, Chairman at African Mission Healthcare, United Hatzalah of Israel, and Host of The Rabbi’s Husband Podcast. Co-founder at Gerson Lehrman Group GLG howardlindzon.com, israelrescue.org, AfricanMissionHealthcare.org, therabbishusband.com, glginsights.com Twitter: @howardlindzon, @markgerson, @knutjensen linkedin.com/in/mark-gerson-26631
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
(00:04) – Show intro
(04:17) – Introducing Mark
(08:03) – Investing ideas Mark's passionate about
(12:18) – Developing an addiction to exercise
(12:46) – The best self-help book ever
(15:04) – Charity: The power of a well-deployed dollar
(17:30) – Three minutes separate life and death
(20:54) – The 'ambicycle'
(28:39) – Separate the urgent from the important
(31:08) – Education - not one system fits all
(31:14) – Investing in the markets
(32:48) – Cycles do exist
(33:36) – Tiny bubbles
(34:06) – Valuation is important
(35:28) – Inflation will have significant effects
(38:06) – Saying inflation is temporary isn't helpful
(39:32) – Closing thoughts
It's Arizona Cardinal Kelvin Beachum Jr's second appearance on Panic with Friends, but he also holds the distinction of being the first in-person guest in our brand new studio! Kelvin is now in his 10th season in the NFL, and he's an investor at heart. He caught the bug early in his NFL career from teammates; there were many locker room conversations on traditional investing, real estate, and of late, even NFTs. He's into startups too, always looking for what's new and innovative. Basically what's next, whether that's crypto, web3, or the metaverse. Kelvin continues to build an incredible network in the venture capital world. I hope you enjoy our conversation. Guest - Kelvin Beachum, Offensive Lineman at Arizona Cardinals, 2021 Walter Payton Man of the Year nominee howardlindzon.com, kelvinbeachum.com, nfl.com/honors/man-of-the-year/nominees/2021/cardinals Twitter: @howardlindzon, @KelvinBeachumJr, @knutjensen linkedin.com/in/kb2smu
fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
(1:56) - Introduction to Kelvin
(4:26) - Best locker room in the NFL
(8:55) - Information overload / Filter failure
(10:04) - Joe Montana leverages the Valley
(13:53) - Watching your favorite quarterback
(15:39) - Let's talk about investing
(17:26) - When the deal flow is on a roll
(21:02) - The importance of relationships
(24:20) - Being "leveraged" from all points on the planet
(25:12) - Looking over the shoulders of digital natives
(27:46) - As a parent we just have to be intentional with whatever we do
(29:29) - Let's don't bring up golf dude!
(31:33) - Career longevity
(35:04) - Everybody's punching up because that's how social works
(36:16) - Sleep is fitness
(48:15) - Closing thoughts
We're off to a bit of a rocky start to the new year. And that's why I called in my friend Jeff Richards to help make sense of it all. This episode marks Jeff's fourth stop on Panic with Friends since we started almost 2 years ago. People talk about bubbles all day, and I've been talking about these tiny bubbles we're witnessing right now --the ones that just pricked. So Jeff's here to talk about fundamentals versus valuations and the big picture as we come 70, 80, 90 percent, whatever it is, out of COVID for better or worse. Guest - Jeff Richards, Managing partner at GGV Capital howardlindzon.com, ggvc.com Twitter: @howardlindzon, @jrichlive, @GGVCapital, @knutjensen linkedin.com/in/jeffrichards
fintech #invest #investment #venturecapital #stockmarket #finance
We welcome Sam Jones, Co-founder and CEO of OOOOO, back to the show to discuss his evolving plans for building a technology platform that helps brands and entrepreneurs share their products and services through live, interactive, shoppable videos. I’m a small investor in the company, and hope you’ll be OOOOO so excited about the future of the live-stream. Guest - Sam Jones, Co-founder and CEO at OOOOO.com howardlindzon.com, ooooo.com Twitter: @howardlindzon, @ooooobloke, @knutjensen linkedin.com/in/sam-jones-0a16533
fintech #invest #investment #venturecapital #stockmarket #finance
It's our last Panic of 2021. Knut and I take a look at what’s coming in 2022. But you can’t look ahead without taking a look back, so we discuss what we’ve learned from traders and investors and operators over the past year; and some themes like Miami, NFTs, TANG, Crypto, tiny bubbles, and speculation is entertainment. Looking ahead at the new version of the web, web3 or whatever you want to call it, it’s more than just ‘decentralization’ and the blockchain. We’ll need great companies that will be defined by skilled operators. Hosts - Howard Lindzon, Managing Partner at Social Leverage, and Host of Panic With Friends Podcast. Knut Jensen, Sidekick and Producer of Panic With Friends Podcast howardlindzon.com, socialleverage.com Twitter: @howardlindzon, @SocialLeverage, @knutjensen linkedin.com/in/howardlindzon linkedin.com/in/knutejensen linkedin.com/company/socialleverage
fintech #invest #investment #venturecapital #stockmarket #finance
My guest today is a fintech operator turned investor. Frank is the real deal. He spent almost 13 years at CapitalOne, is the co-founder of QED Investors, and made the Midas List of Top 100 Investors four times. Everybody is a fanboy of somebody, and I’m a fanboy of Frank for sure – because he’s just raised a billion dollars, and he has the amazing ability to spot leaders in the fintech space. So sit back and listen and learn. Guest - Frank Rotman, Co-Founder, Partner and Head of Domestic Investments at QED Investors howardlindzon.com, qedinvestors.com Twitter: @howardlindzon, @fintechjunkie, @QEDInvestors, @knutjensen linkedin.com/in/frank-rotman
fintech #invest #investment #venturecapital #stockmarket #finance
As long term listeners know, I struggle with sleep. I'm in perfect health with an incredible body and an incredible mind, yet perfect sleep continues to elude me. Luckily, the O'Shaughnessy's chimed in on one of my twitter rants and pointed the way to today's guest, Matteo Franceschetti. Matteo is the co-founder and CEO of Eight Sleep. Part of our discussion is a fascinating look into sleep, an area that consumes about a third of our lives; and has a massive impact on our health and longevity. In addition, we cover Matteo's previous startups, his experience with Y Combinator, and what it takes to grow a 'hardware' company in an environment where software is eating the world. Guest - Matteo Franceschetti, Co-Founder & CEO at Eight Sleep howardlindzon.com, eightsleep.com Twitter: @howardlindzon, @m_franceschetti, @eightsleep, @knutjensen linkedin.com/in/matteofranceschetti
fintech #invest #investment #venturecapital #stockmarket #finance
On this episode we’ve got not one, but two legends; Eren Bali and Russ Fradin. Now they're both working together on a company called Carbon Health. Eren founded it and Russ invested in it. Eren’s last company, Udemy, recently filed to go public. Russ was an investor in Udemy. We can’t talk much about Udemy since that’s a quiet period, but we dive into Carbon Health and learn a bit about healthcare from somebody who actually understands it and is trying to fix the system. Guests - Eren Bali, Co-Founder & CEO, and Russell Fradin, Vice Chairman at Carbon Health howardlindzon.com, carbonhealth.com Twitter: @howardlindzon, @erenbali, @rfradin, @CarbonHealth, @knutjensen linkedin.com/in/rfradin linkedin.com/in/erenbali
fintech #invest #investment #venturecapital #stockmarket #finance
In a Panic with Friends first, I give myself the applause dub for some advice I’d passed to Justin back in 2014. I told him there are so many interesting things happening in fintech broadly, in the big picture, that if he wanted to go work on something for ten years that was really interesting and unknown, but with high asymmetric upside; then making that bet is probably a good move. And that’s just what he did. Justin spent about five years at Stripe, the biggest company you’ve never heard of, unless of course you’re in fintech. He’s now at Lightspeed, and we’re in our first deal together, Payitoff. We discuss all of this, how Justin sees a post-Stripe world, and his inevitable transition to venture capital. Enjoy! Guest - Justin Overdorff, Partner at Lightspeed Venture Partners howardlindzon.com, lsvp.com Twitter: @howardlindzon, @jmover, @lightspeedvp, @knutjensen linkedin.com/in/jmover
fintech #invest #investment #venturecapital #stockmarket #finance
What’s better than one Roy? Two! We’ve got Roy Erez and Roy Rubin from R-Squared Ventures on the show today. The two have teamed up to invest in Fintech, Enterprise/SMB SaaS, Marketplaces, and Digital Commerce. They’ve both founded, run, scaled, and sold businesses where they stayed on as corporate executives post acquisition. As angels, they’ve invested in over a few dozen startups, and they’re both passionate about supporting the companies and founders they back. I think you’re really going to enjoy this episode. Guests - Roy Rubin and Roy Erez, Co-Founders at R-Squared Ventures howardlindzon.com, R2VC.com Twitter: @howardlindzon, @royrubin05, @royerez, @knutjensen https://www.linkedin.com/in/royrubin https://www.linkedin.com/in/royerez
fintech #invest #investment #venturecapital #stockmarket #finance
On this episode, my good friend and fellow Canadian, Michelle Zatlyn, stops by to talk about building a better internet. This feels like the right time in the right moment to talk about the internet, and Michelle is just the right person to talk with. She’s the Co-Founder, President and COO of Cloudflare, the company that helps the internet work. We discuss security, how things really work on the internet, where Cloudflare is headed, and how you grow even faster during COVID. Guest - Michelle Zatlyn, Co-Founder, President and COO at Cloudflare howardlindzon.com, cloudflare.com Twitter: @howardlindzon, @zatlyn, @Cloudflare, @knutjensen linkedin.com/in/michellezatlyn
fintech #invest #investment #venturecapital #stockmarket #finance
Dave is the founder and CEO of Upstart, the first consumer lending platform to use Machine Learning (ML) to price credit and automate the borrowing process. Prior to founding Upstart, Dave was President of Google Enterprise and built Google's billion-dollar cloud apps business worldwide, including product development, sales, marketing, and customer support. He started in Silicon Valley as a Product Manager at Apple and was an associate in Booz Allen's Information Technology practice. We cover the joy and glory of building a $25 billion plus company in just about nine years, and as we rarely get a public CEO on, I’ve got a lot of questions. We talk about business and the markets and lending and interest rates – pretty much how all these things work. Plus we get into remote work, raising venture capital, and the long slug of it all. Enjoy! Guest - Dave Girouard, Founder and CEO at Upstart howardlindzon.com, upstart.com Twitter: @howardlindzon, @davegirouard, @upstart, @knutjensen linkedin.com/in/davegirouard
fintech #invest #investment #venturecapital #stockmarket #finance
We’ve got Alex in the house for Round 2. He’s one of my favorite reads, one of my favorite thinkers; and works for one of my favorite companies: Shopify. (Well, maybe second only to Netflix) Alex has some real in-depth experience because of his time at Social Capital, he reads endlessly, thinks about fintech, and obviously understands e-commerce. We cover all that, discuss the joys of parenting, and round out with his really big passion around biotech. Guest - Alex Danco of Shopify Money howardlindzon.com, shopify.com, alexdanco.com Newsletter: danco.substack.com Twitter: @howardlindzon, @Alex_Danco, @knutjensen linkedin.com/in/alexdanco
fintech #invest #investment #venturecapital #stockmarket #finance
This week’s episode features a new friend, David Sacks. Maybe you’ve heard of PayPal? David was their first COO. He’s been in the room with Elon, Peter, and Max. David’s the founder of Yammer, turned around Zenefits as interim CEO, and founded Craft Ventures. Add investments in Facebook, Uber, Space X, Palantir, Airbnb and Houzz. He’s also co-host of the All-In Podcast. But today he’s here to talk about the future. And it’s so bright, we’re gonna have to wear shades! Guest - David Sacks, Co-Founder and GP at Craft Ventures, Founder at Callin howardlindzon.com, craftventures.com, allinpodcast.co Twitter: @howardlindzon, @DavidSacks, @theallinpod, @craft_ventures, @getcallin, @knutjensen linkedin.com/in/davidoliversacks
fintech #invest #investment #venturecapital #stockmarket #finance
Charlie Bilello is a veteran of the show and is back to talk markets, markets, markets. I like to catch up on the markets once a quarter – I could talk about the markets every day, but we’ve got a lot of stuff going on. And we love having Charlie on because he’s always prepared. We discuss zero percent rates and why the Fed is buying mortgages, the stealth bear market, and the delta wave impact on micro trends. So, come fly the friendly skies with me… Investing is easy! Guest - Charlie Bilello, Founder and CEO at Compound Capital Advisors howardlindzon.com, compoundadvisors.com, compoundadvisors.com/newsletter Twitter: @howardlindzon, @charliebilello, @knutjensen, @jetstarcapital
fintech #invest #investment #venturecapital #stockmarket #finance
Today’s guest is Rob Petrozzo. He’s the co-founder and Chief Product Officer of Rally. I’m a seed investor in Rally through Social Leverage going way back, and Rob knows his topic so well. He's a marketing culture person. I’m not saying you can’t learn this stuff, but it really just oozes out of his skin. Collectibles are 'right now'; and it's just opened up to the masses. It feels like it's on a rocketship about to take off. There's big money looking for the best in class and finding their way back to historic rarities. That on-ramp now exists for everyone at Rally. Guest - Rob Petrozzo, Co-Founder and CPO at Rally howardlindzon.com, rallyrd.com Twitter: @howardlindzon, @robpetrozzo, @OnRallyRd, @knutjensen @jetstarcapital linkedin.com/in/robpetrozzo
fintech #invest #investment #venturecapital #stockmarket #finance
On today’s episode I’m hanging out with my new friend, Nick Adler. I’m not sure the best way to describe him - he’s a lawyer, entertainment wiz, and works with the one and only Snoop Dogg himself. They’ve gone on a massive run together, and we get into crypto and NFTs and collectibles and digital. There’s so much movement, there’s so much happening, and celebrity culture is at the center of it. It’s a blank canvas if you’re willing to be adventurous and take chances. Nick also has his own Podcast: Who’s buying this sh!t. Guest - Nick Adler, Founder of The Unified, and longtime business partner of Snoop Dogg. howardlindzon.com, soundcloud.com/whosbuyingthisshit Twitter: @howardlindzon, @nickyads, @knutjensen linkedin.com/in/nicholas-adler-3051587
fintech #invest #investment #venturecapital #stockmarket #finance
Today we're excited to have Garry Tan from Initialized Capital. His resume is bananas. Garry is a Stanford grad, a Y Combinator alum, and a seed investor in Coinbase. We cover his early days with Posterous, cutting his teeth at Y Combinator, founding Initialized Capital, and his media moves on YouTube. Get an inside seat on what makes a great entrepreneur, founder, and investor. Garry's a big fan of the show, and it's safe to say he'll become a regular. Guest - Garry Tan, Co-Founder and Managing Partner at Initialized Capital howardlindzon.com, initialized.com, youtube.com/garrytan Twitter: @howardlindzon, @garrytan, @knutjensen youtube.com/garrytan
fintech #invest #investment #venturecapital #stockmarket #finance
On this episode we discuss how the movie Let it Ride is the original speculation meme - long before Wall Street Bets was cool. We talk about why Greg’s panicked about fires. And of course, we talk markets – finding those markets where the secondary market can be bigger than the primary market. How this is all leading to the fractionalizing of shares; and the eventual need for a regulatory framework. We close with the figurative fires of how much is happening around consumer and business behavior, particularly post COVID, and Greg’s search for great teams in what he calls the “founder-market fit” Guest - Greg Bettinelli, Partner at Upfront Ventures howardlindzon.com, upfront.com Twitter: @howardlindzon, @gregbettinelli, @upfrontvc, @knutjensen linkedin.com/in/gregbettinelli
fintech #invest #investment #venturecapital #stockmarket #finance
In this episode we cover the early days building Product Hunt in the Tenderloin district, Ryan's move to Miami, and raising money naked in the age of Zoom. After a stint at a video game company in Eugene, Ryan found his way to San Francisco where he worked at a startup called Playhaven. He spent three and a half years building a network, relationships, and blogging. He was curious about discovering great products and wrote a newsletter, which led to Product Hunt. Once he sold Product Hunt to AngelList, Ryan switched hats to become an investor with Weekend Fund. We talk a little crypto, building communities, and round out our conversation with the three favorite public companies he’d buy tomorrow, regardless of price. Guest - Ryan Hoover, Investor at Weekend Fund and Founder of Product Hunt howardlindzon.com, weekend.fund, producthunt.com, ryanhoover.me Twitter: @howardlindzon, @rrhoover, @knutjensen linkedin.com/in/ryanrhoover
fintech #invest #investment #venturecapital #stockmarket #finance
On this week’s episode, we brought back a very special guest and probably one of the top 5 smartest people I know — John Street Capital. While he remains anonymous on the internet, he’s a good friend of the podcast. What makes John Street so unique is his deep understanding of everything from infrastructure, tech, banking, corporate development, VCs, trading, and more. John Street spends most of his time producing some incredibly thoughtful content on Medium. If you listen to John Street, I promise you’ll have a more clear understanding of how the markets work. On top of having such an insightful guest, I also had Don Nitti, a former Panic guest and portfolio manager, join me to help co-host this episode. In this episode, the guys and I talk about liquidity, private and public markets, exchange and crossover funds, why John Street is bullish on crypto, DeFi, regulations, buying the dip, retail investing, Coinbase, Citadel, Robinhood, Square, and more. Enjoy! Guest - John Street Capital howardlindzon.com, john-street-capital.medium.com Twitter: @howardlindzon, @JohnStCapital, @knutjensen @jetstarcapital
fintech #invest #investment #venturecapital #stockmarket #finance
Ram Parameswaran has been dominating growth and “crossover” investing for years. He’s got an incredible mind and is a fantastic sharer of ideas, trends, themes, and insights. I’ve had Ram on the podcast in the past to discuss his background and investing thesis. So I figured it was about time to bring him back on to talk about the future, markets, and more. Ram’s firm Octahedron Capital is a crossover fund that invests in the internet economy. But before striking out on his own to start his own firm, Ram was doing big things at the multi-billion dollar firm Altimeter Capital (I’ve actually been a fan of Altimeter founder Brad Gerstner for some time and have shared links to his work in the past). Ram also has some big names in his past investments, including a pre-IPO Uber, Google and TikTok parent Bytedance. In this episode, Ram and I talk about investing in and demystifying the media’s views of China, regulation, building infrastructure, investing in tech, no-brainer investments, SPACs, and companies like Amazon, Uber, Roobinhood, and more. Enjoy! Guest - Ram Parameswaran, Founder and CIO at Octahedron Capital howardlindzon.com, octahedroncapital.com Twitter: @howardlindzon, @_ram_, @knutjensen, @jetstarcapital linkedin.com/in/ramparameswaran
fintech #invest #investment #venturecapital #stockmarket #finance
If anyone knows fintech — it’s Julie VerHage-Greenberg. She was one of Bloomberg’s first fintech reporters and even covered Robinhood from before it was a billion dollar company. Since her time at Bloomberg, Julie has gone on to build her own media and newsletter company. Fintech Today is a community and media/content company focused on the fintech startup ecosystem for investors, entrepreneurs and operators in the space. On top of her founder duties, Julie is also an angel investor, startup advisor, podcast host, group fitness instructor, running coach, and yoga teacher. It’s alway fun to have reporters and fellow podcast hosts like Julie on Panic with Friends and ask them some questions for a change. In this episode, Julie and I talk about her jump to and building a fintech product, API, Robinhood, BNPL, Bitcoin, the gamification of trading, financial education, and more. Enjoy! Guest - Julie VerHage-Greenberg, Co-Founder at Fintech Today howardlindzon.com, fintechtoday.co Twitter: @howardlindzon, @julieverhage, @Fintechtoday_, @knutjensen linkedin.com/in/Julie-verhage-greenberg-1748801b
fintech #invest #investment #venturecapital #stockmarket #finance
Raoul Pal leads Real Vision as co-founder and CEO. I’m a big fan and investor in Real Vision — a company with the goal of democratizing the very best of financial intelligence through media and video. Raoul has a history of managing hedge funds, and he was also one of a relatively small number of investors to predict the mortgage crisis of 2008–2009. Basically — he knows his stuff. I’ve also had Raoul on as a past Panic with Friends guest, and I loved getting his insights on the markets and crypto. So I figured it was time to give him another call and chat about what’s been happening in everything from the markets to tech since our last time together. In this episode, Raoul and I talk about the growing blockchain space, decentralization, crypto, the power of Twitter as a community, growing companies like FTX, asset allocation, inflation, and more. Enjoy! Guest - Raoul Pal, Co-Founder and CEO of Real Vision Group howardlindzon.com, realvision.com Twitter: @howardlindzon, @RaoulGMI, @RealVision, @knutjensen, @Nikita_Arora17 https://www.linkedin.com/in/raoul-pal-real-vision
fintech #invest #investment #venturecapital #stockmarket #finance
I brought back Yoni Assia for another guest appearance on Panic with Friends. He is a good friend of mine who's been in the crypto space for a while now. Recently, I even got to catch up with him in Miami, which you can read about on my blog. I first met Yoni back in 2010. He was one of the first people to talk to me about Bitcoin, and I was immediately sold on the brokerage he was starting, eToro. Back then, I was telling all the venture capitalists I knew eToro was like “Zynga, but for men.” So, we invested. And I’m glad I did. eToro is now an over $10 billion Israeli social trading and multi-asset brokerage. They recently added 3.1 million new users in the first quarter of 2021 and clocked in 5.2 million users for the full year 2020. In total, eToro has reported 20 million registered users. In this episode, Yoni and I talk about Dogecoin, the most interesting characters in crypto space, eToro, capital markets, the rise of retail investors, “fashionology,” blockchain, SPACs, trends, liquidity, art, and more. Enjoy! Guest - Yoni Assia, Co-Founder and CEO at eToro howardlindzon.com, eToro.com Twitter: @howardlindzon, @yoniassia, @eToro, @eToroUS, @eToroX @knutjensen, @Nikita_Arora17 https://www.linkedin.com/in/yoniassia
fintech #invest #investment #venturecapital #stockmarket #finance
JC Parets is a good friend of mine who I first met back when I started Stocktwits, and he’s back for his second Panic with Friends episode. As the founder of All Star Charts, JC lives and breathes all things charts. If there’s a chart in front of him, you can bet he’ll have a strong opinion about it. His company All Star Charts is a technical analysis publication for everyone from hedge funds, to financial advisors, to individual investors. I was more than happy to bring JC back on to get his perspective on the markets and have a few laughs with him in the process. It’s fun to have market pros with such infectious energy like JC on that I can talk to for free, but I’d be happy to pay for his ideas and thoughts too. In this episode, JC and I go deep on the bull market, option strategy, the best technical indicator, gold, risk management, data, paying for ideas, and more. Enjoy! Guest - JC Parets, CMT, President and Founder at Allstarcharts.com howardlindzon.com, Allstarcharts.com Twitter: @howardlindzon, @Allstarcharts, @knutjensen, @Nikita_Arora17 https://www.linkedin.com/in/jcparetscmt
fintech #invest #investment #venturecapital #stockmarket #finance
For this week’s episode, we’re chatting with Sam Bankman-Fried. He’s a 29-year-old vegan living in Hong Kong. Oh, and he’s also a crypto billionaire with a huge cult following of fans around the world. Sam is the founder of two impressive companies: Alameda and FTX. His claim to fame came after capitalizing on the South Korean crypto kimchi premium (not the fermented food) and building FTX. Founded just a few years ago in 2017, FTX is one of the fastest growing digital asset exchanges in the world. I’ve had my eye on FTX for a while now and was excited to sit down with Sam to get his thoughts on the state of crypto markets and where he sees it going. In this week’s episode, Sam and I talk about his background, how he gets it all done, his preferred way to relax, living in Hong Kong versus the United States, stablecoins (and why they matter), crypto, defi, blockchain, derivatives, regulations, who he looks up to in the crypto space, and more. Enjoy! Guest - Sam Bankman-Fried, Founder and CEO of FTX howardlindzon.com, ftx.com Twitter: @howardlindzon, @SBF_Alameda, @FTX_Official, @knutjensen, @Nikita_Arora17 https://www.linkedin.com/in/sam-bankman-fried-8367a346
fintech #invest #investment #venturecapital #stockmarket #finance
On this week’s episode we brought on Michael Sonnenshein. He is the CEO of Grayscale Investments, a company that entered the world of crypto back in its earliest days. Starting as an account executive in 2014, Michael worked his way up under the guidance of Grayscale founder Barry Silbert and recently took the reins as their CEO earlier this year. He is an impressive, driven, and smart guy with formidable experience. Grayscale Investments is a big player in the crypto space, with the largest bitcoin investment product ($GBTC) and plans to ramp up an ETF. Grayscale is the world’s largest digital currency asset manager, which currently has $40 billion in assets under management and 14 different investment funds. They’re making crypto mainstream and helping everyday investors looking to buy Bitcoin on the stock market. In this episode, Michael and I talk about Grayscale’s success, crypto, retail investing, security, ETFs, decentralized finance, volatility, and more. Enjoy! Guest - Michael Sonnenshein, CEO at Grayscale Investments howardlindzon.com, grayscale.co Twitter: @howardlindzon, @sonnenshein, @knutjensen, @Nikita_Arora17 linkedin.com/in/michaelsonnenshein
fintech #invest #investment #venturecapital #stockmarket #finance
Ben Hunt is back for his third Panic with Friends appearance. Ben is co-founder and writer for Epsilon Theory, a newsletter and website that examines markets through game theory and history. He is is a great writer, investor, and an activist for people to stop being dumb (my words, not his). Ben wants you to invest with your head on straight, which is something I am a strong supporter of. He has helped navigate us through the ups and downs of the crypto space in his past appearances, and this episode is no exception. You can listen to his first and second appearances anywhere you get podcasts. This time around – and following our crypto conversation with Vinny Lingham from last week’s episode – Ben is giving his take on the bitcoin narrative. In this episode, I talked with Ben about his farm, raccoons (the real and financial kind), decentralization, the markets, how the bitcoin narrative has changed posts-crash, gold, the influence of Elon Musk, pricing power, why inflation is here to stay, and more. Enjoy! Guest - Ben Hunt, Co-Founder and Partner at Second Foundation Partners, Author and Co-Founder at Epsilon Theory howardlindzon.com, epsilontheory.com Twitter: @howardlindzon, @epsilontheory, @knutjensen, @Nikita_Arora17 linkedin.com/in/bhunt
fintech #invest #investment #venturecapital #stockmarket #finance
In this week’s episode, I brought on Vinny Lingham – an entrepreneur, founder, prolific crypto investor, and decentralization pied piper. Vinny is an old friend who I first met back at a fintech conference in Ireland. We quickly hit it off after a round of golf and idea pitching. He has been in the crypto space since the beginning and has even been called a crypto ‘oracle’ due to his accurate bitcoin predictions. I figured he would be the perfect person to catch up with and get a point of view from following the recent epic crash in crypto. Vinny puts his crypto knowledge to use as co-founder and CEO of Civic, a blockchain-powered tech company that Social Leverage was also an early investor in. I truly believe in Vinny and the work he’s doing. In addition to his work at Civic, Vinny is a general partner at Multicoin Capital (a name you may recognize from past Panic guest Kyle Samani) and co-founder of the South African VC Newtown Partners. In this episode, Vinny and I talk about decentralization, crypto, the long-term scalability of bitcoin, blockchain, virtual intelligence, data privacy, and more. Enjoy! Guest - Vinny Lingham, CEO & Co-Founder of Civic howardlindzon.com, civic.com Twitter: @howardlindzon, @VinnyLingham, @civickey, @knutjensen, @Nikita_Arora17 https://www.linkedin.com/in/vinnylingham https://www.linkedin.com/companies/civic-technologies
fintech #invest #investment #venturecapital #stockmarket #finance
For this week’s episode, I brought on my friend Jeff Richards for his third Panic with Friends appearance. In case you can’t tell, I never get tired of talking to him. Jeff is a great friend and an even greater thinker. And he just keeps picking winners. Jeff is managing partner at GGV Capital, a $9 billion global venture firm. He focuses mainly on enterprise, cloud, and marketplace investments. It’s been great having him on the podcast during different stages of the pandemic to get his thoughts and assess where we’re going. In Jeff’s first Panic appearance, he offered a sense of much needed calm back when everyone was panicking. In his second appearance, Jeff gave insight into the fintech boom and the post-COVID future of investing. This time around, I wanted to check back in with him about tech, growth, and the future. In this episode, I chatted with Jeff about infrastructure, fintech, the digital economy, crypto, cloud, ecommerce, and categories and trends coming strong out of the pandemic. And of course we had to talk about golf for a bit too. Enjoy! Guest - Jeff Richards, Managing partner GGV Capital howardlindzon.com, ggvc.com Twitter: @howardlindzon, @jrichlive, @GGVCapital, @knutjensen, @Nikita_Arora17 linkedin.com/in/jeffrichards
fintech #invest #investment #venturecapital #stockmarket #finance
This episode we’re talking about a subject near and dear to my heart: watches. Watches continue to be a timeless investment piece synonymous with value. And as someone who has collected over 50 watches, I was super excited to bring on Justin Reis of WatchBox to learn more about the growing tech-enabled luxury commerce market. WatchBox is the world’s leading platform for the buying, selling, and trading of pre-owned luxury watches, with offices in the U.S., Hong Kong, Switzerland, Singapore, and Dubai. In this episode, Justin talks with my co-hosts and I all about the luxury commerce market, WatchBox’s hybrid high-tech high-touch model, how their service works, the typical WatchBox customer, having value in brand equity, WatchBox TV, collectability, the rise in Apple and other tech watches, NFTS, and more. I also offered up some great dating tips this episode, which I know everyone was dying to hear about! Guest - Justin Reis, Co-Founder and Global CEO at WatchBox howardlindzon.com, thewatchbox.com Twitter: @howardlindzon, @watchbox_global, @knutjensen, @Nikita_Arora17 https://www.linkedin.com/in/justin-reis-633925188
fintech #invest #investment #venturecapital #stockmarket #finance
Jim Lanzone is somewhat of a legend in the internet industry. He’s racked up over 20 years of experience in the space, with former CEO titles at companies like Ask.com (formerly Ask Jeeves), Clicker Media (which he founded) and CBS Interactive (where he was my boss for a brief moment). Currently, he is the CEO of the popular online dating and networking app, Tinder. It was great to have someone like Jim on to not only offer his insights on all things media, streaming, and the internet – but also help give some tips to our Panic co-host Nikita on her own adventures into the world of online dating. In this episode, we chatted with Jim about branding, growth, the early days of video, his experiences as a CEO, content consumption, generational trends in dating, brands he’s rooting for and more. Enjoy! Guest - Jim Lanzone, CEO of Tinder howardlindzon.com, tinder.com Twitter: @howardlindzon, @jlanzone, @Tinder, @knutjensen @Nikita_Arora17 linkedin.com/in/jimlanzone
fintech #invest #investment #venturecapital #stockmarket #finance
My good friend Charlie Bilello is back for his second episode of Panic with Friends. He originally came on way back for episode two of our show and offered insights on the markets during peak COVID panic. If you go back and listen, you’ll see Charlie actually got a lot right. So now I figured it would be a good time to check back in with him as we make our way out of the COVID panic. Charlie has over a decade of experience as an analyst, lawyer, CPA, and overall nerd about the markets and money. But he’s more than just my crazy smart friend, I’ve also partnered with Charlie at his company Compound Capital Advisors. There, he oversees all facets of the firm, from research, to portfolio management, to product development, to content creation, to investor relationships. In this episode, we talk about inflation, the markets, crypto, shifts in trends, SPACs, irrational exuberance, bonds, the next generation of investors, and more. Enjoy! Guest - Charlie Bilello, Founder and CEO at Compound Capital Advisors howardlindzon.com, compoundadvisors.com, compoundadvisors.com/newsletter Twitter: @howardlindzon, @charliebilello, @knutjensen, @Nikita_Arora17
fintech #invest #investment #venturecapital #stockmarket #finance
Dan McMurtie is a 28-year-old founder, portfolio manager, and Twitter legend more commonly known to his nearly 60,000 followers as @SuperMugatu. He’s an insanely funny, original and inspiring guy who knows a lot about social media, maintaining an audience and the behavioral side of investing. Dan’s New York-based hedge fund, Tyro Partners LLC, focuses on trends and supply chains driving technology, healthcare, industrial, and consumer markets. In this episode, we cover a lot of topics: Dan’s big social media break, Wall Street culture, crypto, information overload, the 90% rule, Warren Buffett’s cult-like branding, the markets, and more. Enjoy! Guest - Dan McMurtrie, Co-founder and CEO at Tyro Partners LLC howardlindzon.com, tyropartners.com Twitter: @howardlindzon, @SuperMugatu, @tyropartners, @AnchorlessBD, @knutjensen, @Nikita_Arora17 linkedin.com/in/danmcmurtrie
fintech #invest #investment #venturecapital #stockmarket #finance
Happy 150th episode of Panic with Friends! Thank you all for putting up with me 150 episodes; here’s to the next 150. For this episode, we are continuing to dive into crypto – a topic I’ve been fascinated by and discussing on the podcast for a while now. I’ve been astounded by the traction crypto has gotten, and there’s no better person to help give some context to what’s going on in this growing space than Kyle Samani. Kyle is co-founder and managing partner at Multicoin Capital, a firm that invests in all things crypto (including companies and tokens). I am a personal LP in his fund starting in 2017, and they have had positive results for me so far including the brutal bear market in crypto that began in January 2018. His firm is continuing to see excellent growth, just recently raising their second fund. He also came on the podcast back in October to discuss the “Wild West” of crypto and express his skepticism. A lot has changed just in those 8 months since his first appearance. This time around, we talked about how the crypto industry has evolved, what we can expect from crypto in the future, spotting trends, raising his second fund, decentralization and more. Enjoy! Guest - Kyle Samani, Co-Founder and Managing Partner of Multicoin Capital howardlindzon.com, multicoin.capital Twitter: @howardlindzon, @kylesamani, @Nikita_Arora17, @knutjensen linkedin.com/in/kylesamani
fintech #invest #investment #venturecapital #stockmarket #finance
Not only are we on the heels of our 150th episode, but we’re bringing in a new face (or rather voice) to join Knut and me in hosting Panic with Friends – Nikita Arora. Nikita is a fellow Canadian working at Social Leverage in a Principal role helping us as we raise fund four and grow our firm. In this episode of Panic, entrepreneur, founder, and CEO of Zerodha Nithin Kamath calls in and joins us all the way from Bengaluru, india. Nithin spent over a decade trading the markets for a living since he was 17 years old. After feeling the fatigue of day trading, Nithin started his company Zerodha with the intention of being a catalyst for change and started a brokerage firm that traders didn't have. Zerodha focuses on building the best tools and services for traders and investors in India. In short, Zerodha basically puts Robinhood to shame. On top of the amazing work Nithin does at Zerodha, he’s also a great person to look to for thought leadership. You can check out his views and insights in building businesses and trading the markets through his podcasts, social media, and blog posts over on his website. In this episode, the Social Leverage team and I talk with Nithin about trading in indian markets, entrepreneurship, his company and their overall strategy, crypto, India’s COVID crisis and more. Enjoy! Guest - Nithin Kamath, Founder and CEO at Zerodha howardlindzon.com, zerodha.com, rainmatter.org Twitter: @howardlindzon, @Nithin0dha, @zerodhaonline, @Rainmatterin, @knutjensen, @Nikita_Arora17 linkedin.com/in/nithin-kamath-81136242
fintech #invest #investment #venturecapital #stockmarket #finance
In this episode I had the pleasure of bringing on Katherine Rosa, a great investor, advisor and friend. Katherine is the former Global Head of Alternative Investments at JP Morgan and a current Board Member for Social Leverage’s SPAC. She has been in the banking world for quite some time, starting out at JP Morgan as a product specialist in the early 90s. So it’s great to have someone who is as knowledgeable and experienced as Katherine not only a part of our Social Leverage team, but also as a guest on Panic with Friends. And even more exciting, this is Katherine’s first ever time on a podcast! In this episode, we talk about the world of alternative investments, retail and institutional investors, her time working at JP Morgan, the best and worst parts of her work, risk, her first great investment, what trends she’s excited about and more. Enjoy! Guest - Katherine Rosa, Board Member at NYSE: SLAC and Retired, Global Head of Alternative Investments at JP Morgan. howardlindzon.com Twitter: @howardlindzon, @knutjensen linkedin.com/in/katherine-rosa-72732721
fintech #invest #investment #venturecapital #stockmarket #finance
Gregg is a super talented and creative entrepreneur, founder and storyteller. A former Goldman Sachs analyst, Gregg had a career shift and now works at the intersection of all things art, tech, and entertainment. Gregg is the co-creator, former CEO, writer and producer of Netflix’s StoryBots and co-founder and former CEO of JibJab, which was founded in 1999 and became somewhat of a legend in the history of the Internet. Now, Gregg is creating the Internet’s next best thing: HiHo. Gregg is HiHo’s CEO and co-founder, and I am also one of their investors. HiHo allows you to be in control of the conversations you engage with online, offering “asynchronous, threaded, vertical video conversations organized around areas of interest.” In this episode, Gregg and I talk about the future of video, apps, entrepreneurship, his companies, the old internet, what makes good content, algorithms, NFTs, decentralization and more. Guest - Gregg Spiridellis, CEO and Co-founder at HiHo, Writer and Producer at StoryBots, and Co-founder of JibJab Media Inc. howardlindzon.com, hiho.video Twitter: @howardlindzon, @3GS, @HiHoVideo, @knutjensen linkedin.com/in/greggspiridellis
fintech #invest #investment #venturecapital #stockmarket #finance
I had the joy of having my great friend Brad Feld join me for his FOURTH appearance on Panic With Friends. Brad is Boulder-based early-stage investor, entrepreneur, writer, and speaker. More specifically, he is managing director of Foundry Group, founder of Techstars, and writer for the Startup Revolution series and his blog Feld Thoughts. Brad has also been a mentor and supporter of mine, investing in my previous company Wallstrip as well as Stocktwits. With over 30 years of experience in the field, Brad has dealt with and invested through his fair share of panics. So I couldn’t think of anyone better to talk to about the future coming out of the COVID pandemic. In this episode, Brad and I talk about his family and what their past year has looked like, building stronger communities, our post-COVID future, startup culture, decentralization and more. Guest - Brad Feld, Managing Director at Foundry Group - Tech Stars, entrepreneur, venture capitalist, author howardlindzon.com, foundrygroup.com, feld.com Twitter: @howardlindzon, @bfeld, @knutjensen linkedin.com/in/bfeld
fintech #invest #investment #venturecapital #stockmarket #finance
If you want to learn about SPACs, look to Daniel Cohen. He has been with the SPAC phenomenon since the beginning and has been a major player in really innovating this space. He even inspired me to launch Social Leverage’s SPAC. In this episode, Daniel helps give some context into how the SPAC craze got to where it is today. Daniel is the Chairman of Cohen & Company and Managing Member of FinTech Masala, two SPAC powerhouses focused on Insurance and FinTech SPACs, president and CEO at FTAC Hera Acquisition Corp, chairman of Bancorp and former CEO of RAIT Financial Trust. Daniel’s a hustler, having launched 10 SPACs since his first deal in 2015 and currently working on his next. But as impressive as his resumé is, the most impressive aspect of Daniel’s career to me is that he works with his family. In fact, Daniel’s most notable and high-profile merger deal with eToro was with his mom Betsy Cohen. In this episode, Daniel and I chat about the SPAC craze’s opportunities and areas of concern, big data, money management, COVID’s impact on tech and business travel, working with his family and more. Guest - Daniel G Cohen, President and CEO at FTAC Hera Acquisition Corp. (NASDAQ: HERA) and Chairman at Cohen & Company (Ticker - COHN) howardlindzon.com, cohenandcompany.com Twitter: @howardlindzon, @DanielCohenFTAC, @CohenCompanyAM, @knutjensen linkedin.com/in/daniel-g-cohen linkedIn.com/company/cohen-and-company-asset-management
fintech #invest #investment #venturecapital #stockmarket #finance
Jens Hilgers is a Berlin-based serial gaming entrepreneur. He’s been investing at the center of tech, gaming and esports since the late ‘90s – so he has seen esports journeys to the mainstream and sees where it’s going. Over the years, Jens has racked up a laundry list of titles, including co-founder and former CEO of ESL, co-founder and Chairman of G2 Esports and co-founder and former CEO of Bayes. Most notably, he is the founding general partner of the global early- and mid-stage gaming-focused investment company BITKRAFT Ventures. Jens has helped the firm reach impressive and success numbers. He oversaw the firm’s growth to a portfolio of over 50 companies. More recently, he helped BITKRAFT raise a $165M Venture Fund I in 2020. For someone who is widely considered one of esports’ first entrepreneurs, I can firmly say Jens lives up to the hype. In this episode, we talk about how COVID accelerated the esports trend, predictions of the future of esports, gaming EFTs, cloud gaming, virtual reality, digital citizenship, emerging markets and more. Guest - Jens Hilgers, Founding General Partner Bitkraft Ventures howardlindzon.com, Bitkraft.vc, masterthemeta.com Twitter: @howardlindzon, @JensHilgers, @BitkraftVC, @knutjensen linkedin.com/in/jenshilgers linkedin.com/company/bitkraftvc
fintech #invest #investment #venturecapital #stockmarket #finance
I was excited about having Jason Hirschorn on as last week’s ‘Panic’ guest and am even more excited to bring him back on for round two! I have not met another person who is not just passionate about the media, but is eager and willing to share that knowledge with others. In part one, we covered Jason’s long history at MTV, Slingbox, News Corp and MySpace. In this episode, Jason and I talk about the future of media, the fall of cable, the creator economy, NFTs, newsletters, social media streaming, decentralization and more. Guest - Jason Hirschhorn, CEO and Chief Curator at REDEF howardlindzon.com, redef.com Twitter: @howardlindzon, @JasonHirschhorn, @MediaREDEF, @knutjensen linkedin.com/in/jason-hirschhorn-820a9b43
fintech #invest #investment #venturecapital #stockmarket #finance
It’s always fun when we can take a break from talking about investing and veer toward other topics, especially when the person we’re talking to is such a legend in the field. So as a media geek, I was excited (and dare I say giddy) to have media extraordinaire Jason Hirschhorn on this episode. Jason has been around the media for a long time, holding previous presidential titles at MTV and MySpace. He’s also sat on some impressive directors and advisory boards, including MGM, Sundance Institute and Pandora. Jason has also probably watched every show across Netflix, Hulu, HBO Max, or any other streaming platform you can think of. So, he’s taken his vast knowledge of the intersection of tech, media and culture to create REDEF – a curated mix of the best and smartest articles, videos, movies and music across a range of fields. Think of Jason and REDEF as like your own personal DJ, mixing the best of all the media out there for an incredibly thoughtful and engaging experience. In this episode, Jason and I go in depth about all things media, the coolest job he’s had, how to fight unfair battles and his take on streaming platforms. He also shares a story about Bono you absolutely don’t want to miss (but you’ll have to wait until the end of the episode to hear it). Guest - Jason Hirschhorn, CEO and Chief Curator at REDEF howardlindzon.com, redef.com Twitter: @howardlindzon, @JasonHirschhorn, @MediaREDEF, @knutjensen linkedin.com/in/jason-hirschhorn-820a9b43
fintech #invest #investment #venturecapital #stockmarket #finance
On this week’s episode, I got the chance to talk with Jamie Wise, a fellow Canadian and the brains behind the hottest ETF on the markets right now. The VanEck Vectors Social Sentiment ETF, trading under $BUZZ, garnered a lot of buzz (pun intended) when it started trading on March 4 thanks in-part to backing from influential Barstool Sports founder Dave Portnoy. What’s exciting about the BUZZ ETF is that it uses AI to analyze investor sentiment across over 15 million online posts a month. The ETF currently holds 75 stocks with at least a $5 billion market cap. The power of measuring sentiment has been on my mind for a while; we even announced our own sentiment tracker at Stocktwits back in 2012. And on the heels of the GameStop event, conversations about sentiment and its power have never been more important. In this episode, Jamie and I chat about his company BUZZ Holdings, ETFs, measuring sentiment, algorithms, the GameStop event, the rise of the retail investor, how we approach the markets and more. Guest - Jamie Wise, CFA, Founder and CEO of Buzz Holdings, & President and CEO at Periscope Capital howardlindzon.com, investwithbuzz.com, periscopecap.com Twitter: @howardlindzon, @investwithbuzz, @knutjensen linkedin.com/in/jamie-wise-20133815
fintech #invest #investment #venturecapital #stockmarket #finance
This week’s Panic guest, Sam Jones, called in all the way from Oxford to chat with me. Sam is a good friend, unbelievable entrepreneur, and co-founder of the social commerce app “OOOOO.” I was lucky enough to be a small investor in the company. To put it simply, OOOOO is basically “Only Fans” meets commerce – enabling live entertainment commerce. While Sam started “OOOOO” only about a year ago, it has seen impressive growth and success. The work Sam is doing is fascinating and he thoughtfully explains it so well on the podcast. In this episode, Sam digs into ecommerce, OOOOO, his company’s growth and retail share model, China & Pinduoduo, his plans for a documentary, the culture and business of live streaming, and more. Guest - Sam Jones, Co-founder and CEO at OOOOO.com howardlindzon.com, ooooo.com Twitter: @howardlindzon, @ooooobloke, @knutjensen linkedin.com/in/sam-jones-0a16533
fintech #invest #investment #venturecapital #stockmarket #finance
This episode is a continuation of my quest to learn more about the growing trend toward investing in the cannabis industry. A former podcast guest and industry expert CB1 Capital’s Todd Harrison actually helped me connect with the guest of this week’s episode – Jason Wild. Jason is a former pharmacist turned cannabis investor extraordinaire. He is Chairman of the Board at the Canada-listed cannabis company TerrAscend and President of JW Asset Management. Currently, 70% of his over $2 billion under management is invested in cannabis. Jason not only understands the cannabis industry, but also the long history behind it, rooted in racism and bad laws, that has had a major impact in the U.S. In this episode, Jason and I chat all about the cannabis industry, including: its growth, financing, misconceptions, impact from COVID-19, the types of people who do well in this industry, Jason’s work and investments, licensing, changing laws, CBD, education, and criminal justice reform in this space. Guest - Jason Wild, Chairman at TerrAscend, and President at JW Asset Management howardlindzon.com, terrascend.com, jwfunds.com Twitter: @howardlindzon, @JasonGWild, @knutjensen linkedin.com/in/jason-wild-b8a7304
fintech #invest #investment #venturecapital #stockmarket #finance
I had the pleasure of chatting with fintech entrepreneur – and more importantly fellow ASU alum – Jason Gardner on this episode of Panic with Friends. Jason and I were originally introduced through our mutual friend and former Panic guest Ryan Gilbert. While it was fun to reminisce about our time at ASU on this episode, it was even more fun to talk about fintech and Jason’s insights on this booming sector. Jason is at the center of all things fintech. His unicorn company Marqeta, Inc. is “the world’s first open API modern card issuing platform,” which basically means his company makes your payments a whole lot easier. You probably already use Marqeta without even realizing it, with clients such as Uber, Instacart and DoorDash to name a few. In this episode, Jason and I talk about how he got interested in fintech, Marqeta’s origin and success story, open APIs, building capital, neobanks, China, Bitcoin and more. Guest - Jason Gardner, Founder & CEO at Marqeta howardlindzon.com, marqeta.com Twitter: @howardlindzon, @jmgards, @knutjensen linkedin.com/in/jasonmatthewgardner
fintech #invest #investment #venturecapital #stockmarket #finance
I’ll jump on any opportunity to bring a fellow Jewish Canadian who shares my love of startups and tech on as a podcast guest. So after sliding into Shopify president Harley Finkelstein’s Twitter DMs and a couple calls later, I got to do just that. Harley’s hustle, spirit and overall success story perfectly embody Shopify’s mission. At only 35 years old, Harley is leading a company that has collectively driven more than $40 billion worth of sales and holds the title of “second largest check-out in America'' after Amazon. But Harley doesn’t want Shopfiy to just be an e-commerce/retail company; he wants it to be the go-to place for entrepreneurs. I hope after listening to this episode you’ll also understand Shopify and why I love it so much. In this episode, Harley and I chat about Shopify’s journey and success, his career path, law school, turning passion projects into the next big thing, scalability, the evolution of e-commerce and retail, entrepreneurship and more. Guest - Harley Finkelstein, President at Shopify howardlindzon.com, shopify.com Twitter: @howardlindzon, @harleyf, @knutjensen linkedin.com/in/harleyf
fintech #invest #investment #venturecapital #stockmarket #finance
Joanne Wilson is a powerhouse. She’s a prolific investor, mom and wife and a champion of female entrepreneurs – not to mention a tough cookie who knows New York better than anyone I know. When she’s not crushing it in the investing world, you can find this self-described “insatiable foodie” cooking over on her Instagram. I met Joanne about 14 years ago when she and her husband/previous Panic guest Fred Wilson invested in my company at the time WallStrip. Joanne’s investing portfolio has grown since investing in me back in the day to include more than 130 companies. It was a blast to have someone as smart, quick and entertaining as her on the podcast. In this episode, Joanne and I chat about angel investing, New York, tech, real estate, the restaurant industry, entrepreneurship and more. Guest - Joanne Wilson, Angel Investor at Gotham Gal howardlindzon.com, gothamgal.com soundcloud.com/positivelygothamgal Twitter: @howardlindzon, @thegothamgal, @knutjensen linkedin.com/in/joanne-wilson-b0886110
fintech #invest #investment #venturecapital #stockmarket #finance
I’ve listened to a lot of impressive people on this podcast, but Zach Weinberg truly blew me away. Zach’s made some incredibly smart investing moves in his life, and he’s only 34 years old. He is a grade-A hustler, habitual entrepreneur and prolific angel investor. Zach and his business partner Nat Turner sold their second start-up venture, an advertising technology company called Invite Media, to Google for $81 million in 2010. After taking a turn toward a foray in the healthcare sector, they sold data and software company Flatiron Health to Swiss pharmaceutical giant Roche for $2 billion in 2018. Flatiron Health, founded in 2012, makes software that pools patient data from electronic health records for cancer treatment centers. Zach was the company’s co-founder, president and COO. He oversaw research, product, engineering and recruiting initiatives. He’s currently invested in over 30 tech startups throughout the U.S. In this episode, Zach and I chat about his backstory, healthcare, biotech research, connecting with founders, Google, Shopify, education and more. Guest - Zach Weinberg, General Partner at Operator Partners, Co-Founder at Flatiron Helath, Angel investor howardlindzon.com, operatorpartners.com, angel.co/zachweinberg Twitter: @howardlindzon, @zachweinberg, @knutjensen linkedin.com/in/zachweinberg
fintech #invest #investment #venturecapital #stockmarket #finance
In this episode, I chatted with the former CEO of what I deem as one of the most important real estate companies in the world – GoDaddy. That’s right, I’m talking about digital real estate. And who better to talk about this with than former GoDaddy CEO Scott Wagner. Wagner was President and COO of the company for over 4 years before serving as CEO from 2018-2019. With his years of experience in the domain industry comes a font of knowledge and insights he was kind enough to share with us on the Panic podcast. In this episode, Scott and I talk about his career path, the domain industry, the state of the markets, content syndication, ecommerce, digital real estate, SPACs, Scottsdale National, branding and more. Guest - Scott Wagner, Advisor and Investor, Former CEO GoDaddy howardlindzon.com, GoDaddy.com Twitter: @howardlindzon, @ScottWWagner, @knutjensen linkedin.com/in/wagns
fintech #invest #investment #venturecapital #stockmarket #finance
I always love getting to interview people who typically ask the questions. And this episode with guest Ted Merz is no exception. Ted has spent 30 years at Bloomberg, first as a journalist and later overseeing application and product building. Now, he works as their Global Head of News Product. Ted was there at the early days of Bloomberg when financial journalism was at its infancy. It was fascinating getting his perspective on this sector and how it has changed and grown over the years. In this episode, Ted and I talked about how he landed his first role at Bloomberg, the biggest story he’s covered, financial journalism, the value of content, integrating Twitter into Bloomberg, data and more. Guest - Ted Merz, Global Head of News product at Bloomberg howardlindzon.com, bloomberg.com Twitter: @howardlindzon, @TedMerz, @knutjensen linkedin.com/in/ted-merz-cfa-b711257
fintech #invest #investment #venturecapital #stockmarket #finance
If our last guest Tiffany Zhong was the Gen Z whisper, then Douglas Boneparth might just be the Millennial version. And he has the titles to prove it, including the newly named millennial voice of CNBC’s Digital Financial Advisor Council. After spending well over a decade in the financial planning industry, Douglas noticed a gap – a Buzzfeed reading, avocado toast eating, Slack using gap. Millennials weren’t getting the same level of thoughtful time and advice as other older players in finance. Douglas stopped chasing after old money and started finding young people to invest in. He is the founder and president of Bone Fide Wealth, a Manhattan-based wealth management firm specializing in high achieving Millennials, young professionals and entrepreneurs. They currently advise more than $80 million in assets. Douglas is a funny, charismatic, driven and smart guy (even for a Millenial). In this episode, Douglas and I talk about high earning millennials, financial education, when he got interested in the financial world of business, his comedic perspective on his professional and personal life, what a day in the life of a financial planner looks like, his plans for the future, marketing, SEO and more. Enjoy! Guest - Douglas A. Boneparth, President at Bone Fide Wealth, LLC howardlindzon.com, bonefidewealth.com Twitter: @howardlindzon, @dougboneparth, @knutjensen linkedin.com/in/douglasboneparth
fintech #invest #investment #venturecapital #stockmarket #finance
OK boomers, we’re kicking off our first episode of 2021 with Gen Z whisper and Zebra IQ CEO Tiffany Zhong. I’m a big fan of Zebra’s annual Gen Z report and I recommend all my listeners take a look at it too. It’s important to stay in touch with audiences and perspectives other than those similar to you (something Tiffany talks about in this episode). Tiffany’s company Zebra IQ helps brands create communities to understand Gen-Z and Millennial consumers by offering real-time feedback. They’ve worked with more than 20 companies including Snapchat, Levi Strauss and Turner Broadcasting. Zebra IQ is just one example of how Gen Z can help you make a lot of money if you just listen to them. In this episode, Tiffany and I talk about Zebra IQ, dropping out of college, her twitter strategy, her “five Cs,” moguls, monetizing an audience, TikTok, startups, ecommerce and more. Guest - Tiffany Zhong, CEO at Zebra IQ howardlindzon.com, zebraiq.com Twitter: @howardlindzon, @TZhongg, @ZebraIQ, @knutjensen Instagram: @tzhongg linkedin.com/in/tzhongg
fintech #invest #investment #venturecapital #stockmarket #finance
Rajat has been an entrepreneur for a while now. He started his first company in college with the help of angel investor (and mutual friend/previous Panic guest) Brad Feld. The pair have now launched around eight companies together. Rajat mainly builds and invests in software companies, with his latest venture being Jump Cloud – a cybersecurity startup building a next-generation cloud directory platform. One of the things I love about Rajat’s company is that they foresaw remote work being the future before COVID-19 even hit. In this episode, Rajat and I talked about his company Jump Cloud, e-commerce, remote work, software, building a zero-trust network, SPACs, what companies he’s got an eye on, content marketing and more. Guest - Rajat Bhargava, CEO & Co-Founder at JumpCloud howardlindzon.com, JumpCloud.com Twitter: @howardlindzon, @rajatabhargava, @knutjensen linkedin.com/in/rajat-bhargava-8190a723
fintech #invest #investment #venturecapital #stockmarket #finance
Well, it finally happened. I bought a Tesla. I fancy myself a trend follower, but I think this is the latest I’ve entered a trend. But this is about more than getting a self-driving car that I can nap in. There has been no hotter sector than that of electric vehicles. And lucky for my listeners, I brought on not one, but two experts – Lionel Selwood and Robert (Bob) Mancini – to talk about this booming sector and the SPAC taking it to another level. Lionel’s energy tech company, which specializes in EV battery production, Romeo Power and Bob’s SPAC RMG Acquisition Corp. recently announced a merger allowing Romeo Power to become a publicly listed company. In this episode, Bob, Lionel and I geek out over EV batteries, Tesla, Elon, SpaceX, NIO, SPACs, Romeo Power, electrification, market opportunities, who they would love to drive around for a day and more. Guests - Lionel Selwood Jr, CEO at Romeo Power, and Bob Mancini, CEO at RMG Acquisition Corp howardlindzon.com, romeopower.com, rmgacquisitionb.com Twitter: @howardlindzon, @knutjensen linkedin.com/in/lionel-selwood-jr-ab031b34 linkedin.com/company/romeopowertechnology linkedin.com/company/rmg-acquisition-corp
fintech #invest #investment #venturecapital #stockmarket #finance
A year ago on my blog, I asked: “Could 2020 be as good as 2019?” From where I’m standing now, that’s going to be a different answer depending on who you ask. So, I called on two pretty cool kids over at Stocktwits to put something together and help us all make some sense as to what exactly happened this infamous year. That’s right, this isn’t just any episode of Panic – it’s a Stocktwits and Panic with Friends pandemic special! In this episode, Stocktwits’ Riley Roseberger and Tommy Tranfo break down what was going on in the markets from the pre-COVID days in January to the dark days of March to where we stand as of December. We talk about the industries, trends and stocks that dominated conversations on Stocktwits and beyond in 2020, including Tesla, oil, SPACs, EV companies, solar, gambling, social platforms like TikTok and Snapchat, crypto, weed and more. I want to thank Stocktwits again for putting this all together and continuing to put up with me as I make this podcast. I hope you’ve had as much fun listening as I’ve had making Panic with Friends this year! Guests - Tommy Tranfo, Community Manager at StockTwits Riley Rosenberger, Content Manager at StockTwits howardlindzon.com, stocktwits.com Stocktwits/Twitter: @howardlindzon, @TCTRANFO, @coloradoriley linkedin.com/in/thomas-tranfo-639960129 linkedin.com/in/riley-rosenberger-4485b1106
fintech #invest #investment #venturecapital #stockmarket #finance
I’ve had Ben Hunt on the podcast before, but I felt it was time to bring him back on to get his insights on the financial, cultural and political state of our country as of late. When I’m not talking his ear off, Ben is busy writing nonstop for Epsilon Theory, a newsletter and website that examines markets through the lenses of game theory and history. It’s a treat to have smart, thoughtful people like Ben on the podcast. He isn’t trying to spin a narrative, but genuinely wants to inform others about what’s going on and what they can do about it. I may even need to bring him on as a co-host – I love talking to him that much. Last time I had Ben on we talked about zero interest rates, writing and the politicizing of the stock market. This time around, Ben and I talked about his life as a publisher, media culture, the markets, the ‘mendacity’ of the world, crypto, SPACs, capital and what’s been going on with his company. This was a fun one to record. Enoy! Guest - Ben Hunt, Co-Founder and Partner at Second Foundation Partners, Author and Co-Founder at Epsilon Theory howardlindzon.com, epsilontheory.com Twitter: @howardlindzon, @epsilontheory, @knutjensen linkedin.com/in/bhunt
fintech #invest #investment #venturecapital #stockmarket #finance
If you have missed going to the movie theater as much as I have during the pandemic, then this is the episode for you. I brought on Christie Marchese in this episode to talk about how her company Storyspaces is helping keep the spirit of the movie-going experience alive. As the founder of Storyspaces, she works to organize both virtual and in-person movie events with new and critically acclaimed films (basically the COVID-world answer to not getting to go to movie theaters). As founder and CEO of Picture Motion, she leads a team of impact producers, marketing strategists and communication specialists to develop grassroots marketing and social action campaigns for films. In this episode, Christie and I talk about all things film – how she got into movies, her favorites, working directly with filmmakers, virtual cinema and the post-COVID future of film. We also chatted about Storyspaces, human-centered distribution, the logistics of planning screening events, creativity and culture, social change and more.
I had the pleasure of having Octahedron Capital founder Ram Parameswaran on this episode of Panic. His firm Octahedron is a crossover fund that invests in the internet economy. Previously, Ram was a partner at the multi-billion dollar firm Altimeter Capital, focusing on public and private tech investments. He also has some big names in his past investments, including a pre-IPO Uber, Google and TikTok parent Bytedance. Ram has been inside the beast and is now applying it to his own markets. He’s a smart guy and public investor who knows a lot about a lot. In this episode, Ram and I discussed growth, the culture of Silicon Valley, tech, his work at Octahedron Capital, SPACs, trends in the public & private markets, crossover funds, global investing and more. Enjoy! Guest - Ram Parameswaran, Founder at Octahedron Capital howardlindzon.com, octahedroncapital.com Twitter: @howardlindzon, @_ram_, @knutjensen linkedin.com/in/ramparameswaran
fintech #invest #investment #venturecapital #stockmarket #finance
If anyone can stay calm in the face of panic, it’s Rick. He founded his VC firm FirstMark Capital, which focuses on consumer technologies, during the 2008 recession. Twelve years later, I think it’s fair to say Rick is doing pretty well. He’s invested in a variety of industries, ranging from commerce to gaming to data services to media and sports. His investments include big names like Pinterest, Airbnb, DraftKings and Discord. Rick’s a kind and generous guy who I can always count on to give thoughtful advice and insights. He’s even been kind enough to talk with me in the past about VC investing at Stocktoberfest East in 2018, so I was happy to have him on this episode of Panic to share all that sage wisdom with my listeners. In this episode, Rick and I talked about public and private markets, DraftKings’ success, his company FirstMark Capital, SPACs, the anti-portfolio, open source, being a dad, what sectors have surprised him, the future of gaming and healthcare and more. Enjoy! Guest - Rick Heitzmann, Founder, Partner & Managing Director at FirstMark Capital howardlindzon.com, firstmarkcap.com Twitter: @howardlindzon, @rickheitzmann, @knutjensen linkedin.com/in/rickheitzmann
fintech #invest #investment #venturecapital #stockmarket #finance
This episode is an extension of the open source software conversations we’ve been having on Panic with guests like Chetan Puttagunta and Ross Mason. I brought on Glenn Solomon, a legend in the software community, to keep this conversation going. Glenn has been in the VC business for over 20 years, with most of that time spent at the venture firm GGV Capital. He has an impressive portfolio, investing in companies such as Slack, Airbnb and Square. Glenn is not only a strong investor but a strong writer — with his insights on the software industry featured in places like Forbes. Check out his podcast Founder Real Talk as well. In this episode, Glenn and I talk about his investing journey, how he thinks about trends, open source/software investing, public markets, mentorship, the value of MBA programs, founders, SPACs and more. Enjoy! Guest - Glenn Solomon, Managing Partner at GGV Capital howardlindzon.com, ggvc.com, founderrealtalk.ggvc.com Twitter: @howardlindzon, @glennsolomon, @knutjensen linkedin.com/in/glennsolomon
fintech #invest #investment #venturecapital #stockmarket #finance
I was so psyched to chat with a living legend, great investor and I guess a pretty good football player – Ryan Nece. He’s had some big wins on and off the field, from winning a Super Bowl with the Tampa Bay Buccaneers to starting his own foundation. Ryan knows how to play the game with heart, determination and drive. His two decades worth of experience as a professional and disciplined athlete, entrepreneur and investor gave him the foundation to start Next Play. Ryan connects his passion and knowledge of sports and tech at Next Play; leveraging those relationships to provide investors with a diversified pool of venture funds and companies. In this episode, Ryan and I discuss the transition from football to investing, Next Play’s backstory, Ryan’s current role in his company, missed investments and ones he is excited about, the mindset that goes into being a founder and an athlete, a time he’s panicked, winning a Super Bowl, and supporting the next generation of investors and more. Guest - Ryan Nece, Managing Partner at Next Play Capital, LLC howardlindzon.com, nextplaycapital.com Twitter: @howardlindzon, @nextplaycapital, @knutjensen linkedin.com/in/ryan-nece-abb07b8
fintech #invest #investment #venturecapital #stockmarket #finance
Spoiler Alert: There’s no panic this episode. Why? Because I had Brett Wilson on, someone who doesn’t panic, but rather finds solutions and different ways of doing things. I first met Brett back in 2007 and quickly became a seed investor in his company, TubeMogul. He’s a special guest, and not just because he’s made me some money. Brett is an amazing investor, entrepreneur, board member and thought leader. No one has been at the center of video (specifically digital) quite like Brett. Since selling TubeMogul to Adobe and leading advertising efforts there for a bit, Brett is now an angel investor, partner at Swift Ventures, and board member at companies such as Tubi, WeTravel and, more recently, Arize AI. In this episode, Brett and I had a great discussion about being at the center of the video bomb, TikTok, Netflix, Tubi, life as a CEO and entrepreneur, company pivots, TubeMogul’s journey, resurfacing trends, AI and what excites him as an investor as of late. We talked about a lot of great companies, trends, industries and the types of people who make them great. Hope you all enjoy it! Guest - Brett Wilson, Entrepreneur, Founder of TubeMogul howardlindzon.com, swift.vc, tubemogul.com Twitter: @howardlindzon, @bjwilson34, @knutjensen linkedin.com/in/bjwilson
fintech #invest #investment #venturecapital #stockmarket #finance
I had the pleasure of catching up with my good friend Lewis Johnson on this episode of Panic. Lewis has a strong background, with titles like UPenn Wharton MBA grad, money manager, stock picker, researcher and entrepreneur. Lewis’ company, Fundamental Global, is an alternative asset management firm which advises on over $2 billion of assets through its affiliates and deals in research, portfolio diversification and investment experience. If you’re looking for advice about asset management – or just someone to go fishing with – he’s your guy. In this episode, Lewis and I had a wide-ranging conversation, discussing managing alternative assets, the value of research and data, his work at Fundamental Global and Capital Wealth Advisors, the markets, the industrialization of China, gold, the Next Big Thing, supply and demand, cycles, crypto, decentralization, SPACs, education, silver linings in COVID-19 and more. It was clearly a smörgåsbord of a discussion. Enjoy! Guest - Lewis Johnson, Co-Founder & President at Fundamental Global Investors and Co-CIO at Capital Wealth Advisors howardlindzon.com, capitalwealthadvisors.com blog.capitalwealthadvisors.com/trends-tail-risks Twitter: @howardlindzon, @TrendsTailRisks, @knutjensen linkedin.com/in/lewismjohnson
fintech #invest #investment #venturecapital #stockmarket #finance
I had the joy of having not one, but TWO guests on for this episode of Panic. We brought on Invesco’s John Hoffman and the Nasdaq’s Sean Wasserman to talk about the ETF of all ETFs – QQQ. Invesco, a global asset management firm, is the father of the QQQ ETF, which launched with the Nasdaq over 20 years ago. John says the company now manages just north of $1.2 trillion (no big deal). Now, Invesco and Nasdaq are expanding their partnership to launch the Invesco QQQ Innovation Suite. This will offer investor access to the NASDAQ-100 and NASDAQ Next Gen 100 portfolios. In other words, the QQQ just outdid itself. I won’t go into too much detail because Sean and John are the real experts in this space. But I will say after listening to this episode, you will feel like an ETF and QQQ expert. In this episode, the three of us have a wide-ranging discussion about all things QQQ, ETFs, Invesco and Nasdaq’s new partnership product, investor relationships, managing & building portfolios, the democratization of investing, network effects, emerging tech companies, the next generation of young investors and more. Guests - Sean Wasserman, CFA, VP & Global Head of Index & Advisor Solutions at Nasdaq, And John Hoffman, Head of Americas - ETFs & Indexed Strategies at Invesco Ltd. howardlindzon.com, nasdaq.com, invesco.com Twitter: @howardlindzon, @InvescoUS, @Nasdaq, @SeanNDAQ, @knutjensen linkedin.com/in/seanwasserman linkedin.com/in/john-hoffman-9347513
fintech #invest #investment #venturecapital #stockmarket #finance
Troy Prince is a native New Yorker, first generation Carribean immigrant, world traveller, veteran trader and founder of the incredible nonprofit Wall Street Bound. No words can express how much I admire and respect the work Troy does. His nonprofit, Wall Street Bound, teaches the technical “hard” skills of finance and the “soft” skills of corporate culture to help get inner city youth into front office intern positions on Wall Street. In short, Troy is helping connect marginalized and underrepresented groups to capital markets. In this episode, Troy and I discuss all things Wall Street Bound: the 15 year journey of starting the company; what services, programs and curriculum is provided; their progress; where Troy sees the company in the next five years; their success and more. We also talk more holistically about onboarding the next generation of investors, leveling the playfield and the value of social capital. I hope you learn something new after listening to this episode. Guest - Troy Prince, CAIA, Founder at Wall Street Bound and Prometheus Capital Managers LLC howardlindzon.com, wallstreetbound.org, chipsforcharity.stocktwits.com Twitter: @howardlindzon, @wallst_bound, @knutjensen linkedin.com/in/troyaprincecaia
fintech #invest #investment #venturecapital #stockmarket #finance
This episode I interview Woodrow Levin, or Woody as I like to call him. He’s a great entrepreneur, good friend and founder and CEO of Extend. His company, which was founded a little over a year ago, builds and handles extended warranties on their products in an effort to remove roadblocks for smaller merchants. Extend already works with companies like Peloton, iRobot and some 150 others. Not to mention, Woody even invested in our first fund for Social Leverage. I’m grateful for his friendship and business partnership. Woody has had the entrepreneurial bug for a while and has even had previous roles such as Vice President of Growth at DocuSign. He is also currently a board member at DraftKings (shout out to our previous Panic guest Jason Robins). In this episode, Woody and I discuss what it's like growing a company, crypto, DraftKings, Extend, dealing with failure, Shopify, markets, AppleCare and more. Enjoy! Guest - Woodrow Levin, Founder & CEO at Extend howardlindzon.com, extend.com Twitter: @howardlindzon, @WoodyLevin, @HelloExtend, @knutjensen linkedin.com/in/woodrowlevin
fintech #invest #investment #venturecapital #stockmarket #finance
Savneet Singh is not only a great friend, but he’s also one of the most driven workers I’ve ever met, who offers such an interesting perspective on life, entrepreneurship and business. Overall, he’s just incredible at what he does. Savneet and I met through our mutual friend, Sonny Singh, and I’ve been a fan of his for a while now. Savneet is the CEO of PARTech, a provider of point of sale software to the retail and hospitality industry. I was so excited to have a CEO like Savneet on because his company is actually a publicly traded company, trading under $PAR on the NYSE. Savneet has accomplished quite a lot before even starting at PARTech. His investments range from real estate to Uber to cryptocurrencies to websites. Not to mention, he’s also a partner with Ali Hamed, a past guest on Panic, at the VC firm CoVenture. Savneet has so much vision around the software space, some of which he shares with me on the podcast. In this episode, Savneet and I also discuss his admiration of Warren Buffett, public companies, fintech, PARTech’s origin story, Saas businesses, COVID-19 impact on restaurants, SPACs, ecommerce, bitcoin and more. Guest - Savneet Singh, President and CEO at PAR Technology Corp howardlindzon.com, partech.com Twitter: @howardlindzon, @SavneetS, @PAR_Tech, @knutjensen linkedin.com/in/savneetsingh
fintech #invest #investment #venturecapital #stockmarket #finance
Current CEO Stuart Sopp is doing some incredibly innovative things over at his company. So, I wanted to check back in with him since our last chat back in March to see if he can offer any new insights. Current is a digital, consumer-friendly banking company targeting groups of people typically overlooked at larger banks, including Millennials and Gen Z. And while big banks focus on lending and deposits, Current focuses on spending. Before starting Current, Stuart made a name for himself developing financial systems as a senior trader for banks like Morgan Stanley, Citi and Deutsche Bank. Now, Stuart’s company is basically the antithesis to these big banks. Current has seen incredible growth this year — surpassing over 1 million active users at the height of the pandemic. In this episode, Stuart and I discuss stocks, cryptocurrency, big banks, what neobanks like Current are and where they’re heading, fintech, his competitors, the wealth gap, stimulus and more. Enjoy! Guest - Stuart Sopp, Founder and CEO of Current Bank howardlindzon.com, current.com Twitter: @howardlindzon, @soppstu, @knutjensen linkedin.com/in/stuartsopp
fintech #invest #investment #venturecapital #stockmarket #finance
This was a very exciting episode because not only did I have Stocktwits CEO RIshi Khanna on, but it was also his first podcast ever! We were initially introduced through our mutual friend Dave Moon, and I guess you could say the rest is history. He’s a great guy whom I’ve really enjoyed working with as part of our growing Stocktwits community. Before leading the team over at Stocktwits, Rishi has worn many hats ranging from engineering, product, sales, client service, finance and operations. On this episode, we discussed the markets, data, fintech, working in New York during COVID-19 (and what has surprised him most about the pandemic), how he got his start in fintech, the culture of media, ecommerce and what we can expect from Stocktwits in the future. Guest - Rishi Khanna, CEO at Stocktwits howardlindzon.com, stocktwits.com, chipsforcharity.stocktwits.com Twitter: @howardlindzon, @rkhanna, @stocktwits, @knutjensen Stocktwits: @rkhanna, @howardlindzon linkedin.com/in/rishikhanna
fintech #invest #investment #venturecapital #stockmarket #finance
Chris Hulls is a good friend with an arsenal of interesting stories and life experiences, and apparently he’s also a TikTok celeb now. I had the pleasure of having the Life360 CEO on for an episode of Panic with Friends. Chris describes Life360 for families as what AAA is for drivers. It’s essentially Find My Friends on steroids (his words, not mine). While Life360 is currently ranked as the eighth most popular social networking app on IOS, it hasn’t ranked so high in the hearts of Gen Z. And in this episode, Chris explains why this was the case. I won’t spoil the whole story, but let’s just say it starts with basically all of Gen Z using TikTok to vocalize their desire to punch Chris in the face and sabotage Life360’s app store reviews. Beyond telling the story of how he got Gen Z’s respect, Chris also talks with me about IPO-ing on the Australian stock exchange, founders, SPACs, Life360’s origin story, COVID-19’s impact on the digital landscape and more. Enjoy! Guest - Chris Hulls, Cofounder & CEO at Life360 Inc howardlindzon.com, life360.com Twitter: @howardlindzon, @ChrisHulls, @Life360, @knutjensen linkedin.com/in/chrishulls
fintech #invest #investment #venturecapital #stockmarket #finance
Not many of my podcast guests can say they got (indirectly) yelled at by Steve Jobs, but luckily my guest on this episode, Steven Rosenblatt, can. Steven is a great friend, incredible venture capitalist and NYC tech legend. He built the company Quatro Wireless during the financial crisis in 2010, which pioneered WAP long before Cardi B and Megan Thee Stallion. By WAP of course I mean wireless application protocol. Apple eventually bought it and from there Steven even launched a product under Steve Job’s supervision. Steven has more than 20 years of experience scaling startups, building technology companies and supporting founders. Today, he is the co-founder and general partner of the venture capital firm Oceans. In this episode, Steven and I had a fun discussion about his new firm, how he looks in a black turtleneck, the culture of Apple, meeting founders, scaling businesses, his time as President of Foursquare, what it's like to transform a consumer app to an enterprise company, why he’s bullish on new york and more. He also gracefully snuck in a little humblebrag, but you’ll have to wait until the end of the episode to figure out who it is! Guest - Steven Rosenblatt, Co-Founder & General Partner at Oceans howardlindzon.com, oceans.ventures Twitter: @howardlindzon, @stevenjr76, @oceanventures, @knutjensen linkedin.com/in/stevenrosenblatt
fintech #invest #investment #venturecapital #stockmarket #finance
It was great to have my long-time friend, fellow Twitter fanatic and product builder extraordinaire Josh Elman on this episode to get some insights from the man who has a lot of experience at basically every social company imaginable. Josh is someone who is ahead of his time – he’s philosophical, creative and has seen growth on the ground floor of some amazing companies (in another time he was even an intern at Microsoft). Josh is a product leader who has been involved in the early stages of platforms such as LinkedIn, Facebook, Twitter and Robinhood. In his many years as General Partner at Greylock Partners, he has served on the boards of some of the most innovative social companies, including Discord, Musical.ly (currently TikTok), Medium, Mammoth Media and more. I wish Josh and I could have touched on even more topics during our conversation this episode. But, it was fun getting his unique perspective on everything from his time working at some of the biggest social product companies, what tech company he thinks is the most evil, his most fun job, TikTok, rocket ships and more. Guest - Josh Elman, Veteran Product Builder and Leader howardlindzon.com Twitter: @howardlindzon, @joshelman, @knutjensen Medium.com/@joshelman linkedin.com/in/joshe
fintech #invest #investment #venturecapital #stockmarket #finance
There wasn’t any panic this episode, but more so a restrained enthusiasm from our guest Michael Porat. Michael is the VP of Strategy and Business Development at Cohesity, an innovative and modern data management company. Like a lot of my guests, I met Michael through the fintwit community, and he has now become a good friend. He’s been in the data game for awhile, spending over 6 years at Cisco before moving to Cohesity. What’s great about having someone like Michael on is that he brings this extensive knowledge of tech and data, but explains it in a way that can be understood by the average Joe Shmoe. I had a great conversation with Michael about his career path, his love of sports and gambling (shout out to DraftKings), the power of data, cybersecurity, the cloud, QQQ, the investor ecosystem and the future of data. Guest - Michael Porat, VP of Strategy & Business Development at Cohesity howardlindzon.com, Cohesity.com Twitter: @howardlindzon, @mporat, @Cohesity, @knutjensen linkedin.com/in/mporat
fintech #invest #investment #venturecapital #stockmarket #finance
I was so appreciative of Patrick O'Shaughnessy for taking the time from hosting his widely successful investing podcast to join me on this episode of Panic. I’ve had the great pleasure of being a guest on Patrick’s podcast Invest Like the Best and now I have the opportunity to turn the tables on him. I guess you could call us podcast experts; although Patrick has been doing his since 2016 so he’s got a couple years on me. He had an unusual route that led him to finance, a success he attributes to his competitiveness and curiousness. As someone who talks to lots of investing and fintech people, it was great to pick Patrick’s brain on a number of topics, including what led him to start his podcast, the gaming market, advice for new investors and founders, the world of software and fintech and more. Of course, I had to end by asking the question he asks all his guests: “What is the kindest thing anyone has ever done for you?” You’ll have to listen to the episode to hear his answer! Guest - Patrick O’Shaughnessy, Principal & CEO at O’Shaughnessy Capital Management, Host of Invest Like the Best Podcast howardlindzon.com, osam.com Twitter: @howardlindzon, @patrick_oshag, @InvestLikeBest, @knutjensen linkedin.com/in/patrick-o-shaughnessy-cfa-6721176
fintech #invest #investment #venturecapital #stockmarket #finance
If my guest ends the episode saying they want to panic “more frequently,” then I think I’ve done my job as host. In this case, the guest in question is Kyle Samani. Kyle is the cofounder and managing partner at Multicoin Capital, a firm that invests in all things crypto. This industry can sometimes seem like an abstract thing people are either too tired of talking about or don’t want to understand. No one takes the time to truly slow down and explain it, but Kyle does just that in this episode. I had a fascinating conversation with Kyle on the past and present of crypto, decentralization, Web3, blockchains and his predictions for the future of crypto. I give Kyle major props for surviving in a bear market like the crypto space. Kyle has such an interesting point of view on an oftentime complex subject. I hope you learn something new (and maybe are less intimidated by crypto) by the end of this episode! Guest - Kyle Samani, Cofounder & Managing Partner at Multicoin Capital howardlindzon.com, multicoin.capital Twitter: @howardlindzon, @kylesamani, @knutjensen linkedin.com/in/kylesamani
fintech #invest #investment #venturecapital #stockmarket #finance
You know that line in Hamilton — “why do you write like you’re running out of time?” Well if anyone embodies that, it’s Barry Ritholtz. He's a Bloomberg columnist, podcast host, fanatic tweeter in the “FinTwit” community, blogger, author, and founder of a wealth management company. But to me, he’s my favorite wonk (you’ll see what I mean by that when you listen to the episode). While we did go off on some tangents, Barry and I hit a lot of fun topics, including: our dream “FinTwit” dinner guest list and menu, what he misses about recording in person, Mike Bloomberg’s “impish sense of humor,” APIs & open-source, the creator economy, Seinfeld, the art of the interview and more. Hope you have as much fun listening to this episode as we did recording it! Guest - Barry Ritholtz, Chairman and CIO at Ritholtz Wealth Management howardlindzon.com, ritholtz.com, ritholtzwealth.com Twitter: @howardlindzon, @ritholtz, @RitholtzWealth, @knutjensen
fintech #invest #investment #venturecapital #stockmarket #finance
I had a great time sitting down to chat with my friend, great investor, human and NFL Athlete Kelvin Beachum Guest - Kelvin Beachum, Offensive Lineman at Arizona Cardinals howardlindzon.com, kelvinbeachum.com Twitter: @howardlindzon, @KelvinBeachumJr, @knutjensen linkedin.com/in/kb2smu
fintech #invest #investment #venturecapital #stockmarket #finance
Inside the world of how a fund of funds work in the venture capital markets with Patrick O’Connor Guest - Patrick O’Connor, Managing Partner at Summit Peak Investments howardlindzon.com, summitpeak.com Twitter: @howardlindzon, @knutjensen linkedin.com/in/patrick-o-7607696
fintech #invest #investment #venturecapital #stockmarket #finance
Yoshi Yokokawa drops by to talk about the global growth in trading and investing, and about his company Alpaca which powers commission free stock trading in apps all over the world Guest - Yoshi Yokokawa, Co-Founder and CEO at Alpaca howardlindzon.com, alpaca.markets Twitter: @howardlindzon, @iyoshyoshi, @AlpacaHQ, @knutjensen Linkedin.com/in/yoshiyokokawa
fintech #invest #investment #venturecapital #stockmarket #finance
Ross Mason (founder of Mulesoft - acquired by Salesforce) joins me to explain that we are still in the early innings of the software revolution. Guest - Ross Mason, Founder at Dig Ventures howardlindzon.com, dig.ventures Twitter: @howardlindzon, @rossmason, @knutjensen linkedin.com/in/ross-mason
fintech #invest #investment #venturecapital #stockmarket #finance
Chetan Puttagunta of Benchmark Capital joins me to discuss the world of Open Source Software and its role in ‘software eating the world’ howardlindzon.com, benchmark.com Twitter: @howardlindzon, @chetanp, @benchmark, @knutjensen linkedin.com/in/chetanputtagunta
fintech #invest #investment #venturecapital #stockmarket #finance
Richard Betts is a great entrepreneur focused on one-of-a kind Spirits and joins me on Panic with friends to talk about his new company CKBG (Casa Komos Beverage Group) which just launched the Tequilla Brand ‘Komos’ and Superbird, a canned Paloma cocktail. Guest - Richard Betts, Founder and CEO at CKBG Casa Komos Beverage Group howardlindzon.com, CKBG.com, sprbrd.com, Komos.com Twitter: @howardlindzon, @yobetts, @knutjensen Instagram: yobetts
fintech #invest #investment #venturecapital #stockmarket #finance
Narvar founder Amit Sharma Joins me to discuss the continued eCommerce explosion. Narvar is a software company that helps retailers perfect the customer journey especially around returns. Guest - Amit Sharma, Founder and CEO at Narvar howardlindzon.com, narvar.com Twitter: @howardlindzon, @amitbol, @narvarinc, @knutjensen linkedin.com/in/amitsharma
fintech #invest #investment #venturecapital #stockmarket #finance
Ali Hamed joins me to talk about building a Venture firm at a young age and about the future of New York City. Guest - Ali Hamed, CoFounder and General Partner at CoVenture howardlindzon.com, coventure.vc, medium.com/@alibhamed Twitter: @howardlindzon, @AliBHamed, @knutjensen
fintech #invest #investment #venturecapital #stockmarket #finance
DraftKings CEO and co-founder Jason Robins joins me on this epic conversation about their long journey to IPO and the future of sports and betting. Guest - Jason Robins, CEO and Co-Founder at DraftKings howardlindzon.com, draftkings.com Twitter: @howardlindzon, @JasonDRobins, @knutjensen
fintech #invest #investment #venturecapital #stockmarket #finance
Nicole Glaros is the Chief Investment Strategy officer of TechStars and she joins me to talk startups and building a massive technology accelerator and brand over the years. Guest - Nicole Glaros, Chief Investment Strategy Officer, Techstars howardlindzon.com, techstars.com, nearlynicole.com Twitter: @howardlindzon, @nglaros, @knutjensen
fintech #invest #investment #venturecapital #stockmarket #finance
Atlanta Has Venture Capitalists Too! My old friend Sean O’Brien joins me to discuss a lifetime of investing in public and private markets and why Atlanta is going to boom with technology startups. Guest - Sean O’Brien, Managing Partner at Overline.VC howardlindzon.com, overline.vc Twitter: @howardlindzon, @seanobrienATL, @OverlineVC, @knutjensen
fintech #invest #investment #venturecapital #stockmarket #finance
I have a great conversation with Heather Hartnett of Human Ventures in Manhattan. They invest in the ‘human needs economy’ - health, wellness and the future of work. Guest - Heather Hartnett, CEO and Founding Partner at Human Ventures howardlindzon.com, human.vc Twitter: @howardlindzon, @HeatherHartnett, @knutjensen
fintech #invest #investment #venturecapital #stockmarket #finance
Alex Danco works for Shopify Money and also has a masters degree in Neuroscience. He offers great takes on all things Tech and Money. Relax and enjoy. Guest - Alex Danco of Shopify Money howardlindzon.com, shopify.com, alexdanco.com Twitter: @howardlindzon, @Alex_Danco, @knutjensen
fintech #invest #investment #venturecapital #stockmarket #finance
I love talking stocks and markets with Don Nitti my old friend who has been having a great year navigating the volatility. Guest - Don Nitti, Portfolio Manager at Sender Company howardlindzon.com, sendercompany.com Twitter: @howardlindzon, @knutjensen
fintech #invest #investment #venturecapital #stockmarket #finance
Brad Feld of Foundry Group in Boulder joins me to talk about Startup Communities and the Democratization of Innovation throughout the world. Brad coined the term Startup Communities with his book on the subject in 2012 Guest - Brad Feld, Managing Director at Foundry Group - Tech Stars, entrepreneur, venture capitalist, author howardlindzon.com, foundrygroup.com, feld.com Twitter: @howardlindzon, @bfeld, @knutjensen
fintech #invest #investment #venturecapital #stockmarket #finance
I take a deep dive into the markets with Samantha LaDuc - the Master of intermarket analysis to time markets - as the March Panic becomes the Summer FOMO, -and a look ahead. Guest - Samantha LaDuc, Founder and Captain at LaDuc Trading and LaDuc Capital LLC howardlindzon.com, laductrading.com Twitter: @howardlindzon, @SamanthaLaDuc, @knutjensen
fintech #invest #investment #venturecapital #stockmarket #finance
Brett Bivens is Venture Investing from Paris for TechNexus and joins me for a conversation about the Massive Trend in Audio Led by Spotify Guest - Brett Bivens, Venture Investor at TechNexus howardlindzon.com, technexus.com, venturedesktop.com Twitter: @howardlindzon, @brettbivens, @knutjensen
fintech #invest #investment #venturecapital #stockmarket #finance
Billy Libby of Upper90 joins me for a great conversation on the merits of Delaying the A round of venture capital using structured finance. Every founder and investor should understand their financing options. Guest - Billy Libby, Co-Founder and CEO of Upper90 howardlindzon.com, Upper90.io Twitter: @howardlindzon, @knutjensen linkedin.com/in/billy-libby-76464b1
fintech #invest #investment #venturecapital #stockmarket #finance
If there is a chart my pal JC has an opinion. JC Parets is the founder of All Star Charts and we go deep on the bull market in stocks, rare assets and life. Guest - JC Parets, CMT, President and Founder at Allstarcharts.com howardlindzon.com, Allstarcharts.com Twitter: @howardlindzon, @Allstarcharts, @knutjensen
fintech #invest #investment #venturecapital #stockmarket #finance
The ETF industry continues to grow and evolve. Tom is an ETF veteran and joins me for a conversation about where the industry is heading, and the unbundling of the S&P. Guest - Tom Lydon, CEO ETF Trends and ETF Database, Co-Founder ETF Flows howardlindzon.com, ETFtrends.com, ETFdb.com Twitter: @howardlindzon, @TomLydon, @ETFtrends, @ETFdb, @knutjensen
fintech #invest #investment #venturecapital #stockmarket #finance
The US Cannabis industry is set to Zoom in the years ahead. I had a great conversation with Todd Harrison who manages a Cannabinoid Wellness fund. Guest - Todd Harrison, CIO and Founding Partner at CB1 Capital Management, LLC howardlindzon.com, cb1cap.com Twitter: @howardlindzon, @todd_harrison, @cb1cap, @knutjensen
fintech #invest #investment #venturecapital #stockmarket #finance
I am a big fan of Web Smith and really enjoyed our eCommerce and DTC (direct to consumer) conversation. He is the founder of 2PM. Guest - Web Smith, Founder and Editor-in-Chief at 2PM, Inc howardlindzon.com, 2pml.com Twitter: @howardlindzon, @web, @2PMinc, @knutjensen
fintech #invest #investment #venturecapital #stockmarket #finance
I sit down to talk with Brian Shannon, the wily veteran of technical analysis, chart art, and price action about the markets, VWAP, and life as a trader. Guest - Brian Shannon, CMT, of Alphatrends.net howardlindzon.com, alphatrends.net Twitter: @howardlindzon, @alphatrends, @knutjensen
fintech #invest #investment #venturecapital #stockmarket #finance
Scott Lynn explains the fascinating art world to Howard and why he started his Company and How It Works. Guest - Scott Lynn, Founder at Masterworks howardlindzon.com, masterworks.io Twitter: @howardlindzon, @MasterworksIO, @knutjensen
fintech #invest #investment #venturecapital #stockmarket #finance
Joe Marchese is the founder of Attention Capital which buys, builds, and scales brands and technology that are shaping the attention economy. Joe joins me for a wide ranging conversation about marketing and New Media. He is also on the board of Cox Media Group and Clear Channel Guest - Joe Marchese, Founder and CEO at Attention Capital howardlindzon.com, attentioncapital.com Twitter: @howardlindzon, @attentioncap, @joemachese, @knutjensen
fintech #invest #investment #venturecapital #stockmarket #finance
A fintech conversation with super angel investor Sheel Mohnot of Better Tomorrow Ventures Guest - Sheel Mohnot, Partner at Better Tomorrow Ventures howardlindzon.com, btv.vc Twitter: @howardlindzon, @pitdesi, @knutjensen
fintech #invest #investment #venturecapital #stockmarket #finance
Why Square should and likely will buy Twitter, the state of Fintech and Markets and the Cloud Boom explained... a great conversation with the ‘anonymous’ John Street Capital. Guest - John Street Capital, Medium.com howardlindzon.com, medium.com Twitter: @howardlindzon, @JohnStCapital, @knutjensen
fintech #invest #investment #venturecapital #stockmarket #finance
A wide ranging conversation about the connection between the private and public markets, and about unintended consequences. Guest - Om Malik, Partner at True Ventures howardlindzon.com, trueventures.com, om.co Twitter: @howardlindzon, @trueventures, @om, @knutjensen
fintech #invest #investment #venturecapital #stockmarket #finance
Wide ranging conversation about start-ups, venture capital, investing and the stock markets Guest - Andy Salamon, Partner at Material Companies howardlindzon.com, materialcompanies.com Twitter: @howardlindzon, @AndySalamon, @knutjensen
fintech #invest #investment #venturecapital #stockmarket #finance
Wide ranging conversation about life, investing and markets. Topics - peak sloppiness, infinite loops, everyone is a bucket shop. Guest - Jim O’Shaughnessy, Founder, Chairman & Co-Chief Investment Officer, OSAM LLC howardlindzon.com, osam.com Twitter: @howardlindzon, @jposhaughnessy, @knutjensen
fintech #invest #investment #venturecapital #stockmarket #finance
The inevitability of Nasdaq @10,000. A wide ranging investment conversation with Jeff Richards of GGV Capital Guest - Jeff Richards, Managing partner GGV Capital howardlindzon.com, ggvc.com Twitter: @howardlindzon, @jrichlive, @GGVCapital, @knutjensen
fintech #invest #investment #venturecapital #stockmarket #finance
Great conversation with VC Matt Golden of Golden Ventures in the great white north! Guest - Matt Golden, Founder and Managing Partner at Golden Ventures howardlindzon.com, golden.ventures Twitter: @howardlindzon, @MattGoldenVP, @knutjensen
fintech #invest #investment #venturecapital #stockmarket #finance
A wide ranging conversation around technology. These big trends will persist: Info, Bio, Agro, Crypto and Robo. Guest - Balaji Srinivasan, Angel Investor and Entrepreneur howardlindzon.com, balajis.com Twitter: @howardlindzon, @balajis, @knutjensen
A deep and reflective conversation with Scott Belsky, Chief Product Officer at Adobe. We discuss building great product, the creative boom, the great refactoring, seed investing and life. Guest - Scott Belsky, CPO and Exec VP at Creative Cloud, Adobe howardlindzon.com, scottbelsky.com Twitter: @howardlindzon, @scottbelsky, @knutjensen
Thriving in chaos - a conversation about the future and start-up investing with Paige Craig Guest - Paige Craig, Founder and General Partner at Arena Ventures howardlindzon.com, arenavc.com Twitter: @howardlindzon, @paigecraig, @arenavc, @knutjensen
Jack and Howard talk logistics and Platform Science which delivers a new generation of technology to drivers and fleet operators. Guest - Jack Kennedy, Founder and CEO at Platform Science howardlindzon.com, platformscience.com Twitter: @howardlindzon, @jckennedyIII, @knutjensen LinkedIn.com/in/Jack-kennedy-platsci
The effects of Covid on the real estate market. PeerStreet is the largest real estate debt marketplace. Guest - Brew Johnson, Co-Founder at PeerStreet howardlindzon.com, peerstreet.com Twitter: @howardlindzon, @brewjohnson, @peerstreet @knutjensen
Trading as a community project. Take the risk in the markets you know. Guest - Peter Brandt, at PeterLBrandt.com howardlindzon.com, peterlbrandt.com Twitter: @howardlindzon, @PeterLBrandt, @knutjensen
Data is the new oil. InCountry’s global infrastructure securely manages regulated data. Guest - Peter Yared, CEO and Founder at InCountry howardlindzon.com, incountry.com Twitter: @howardlindzon, @peteryared, @InCountryInc, @knutjensen
Food, glorious food. Plant based diets and the changes in the food industry. Guest - Adam Slutsky, Managing Partner at Gather Ventures howardlindzon.com Twitter: @howardlindzon, @knutjensen
A wide ranging conversation about venture capital with serial entrepreneur Jen Lefcourt. Having Oprah endorse your business is not a guarantee for long term success. Guest - Jen Lefcourt, Partner at Freestyle VC howardlindzon.com, freestyle.vc Twitter: @howardlindzon, @jennylefcourt, @knutjensen
Headwinds and Tailwinds from the pandemic. A wide ranging conversation with Alex Bard and Tomasz Tunguz of Redpoint Ventures. Guests - Alex Bard and Tomasz Tunguz, both are Partners at Redpoint Ventures howardlindzon.com, Redpoint.com Twitter: @howardlindzon, @alexbard, @ttunguz, @redpointvc, @knutjensen
Localization of manufacturing is inevitable. “Where do you want your robots?” Guest - John Frankel, Founder and Partner at ff Venture Capital howardlindzon.com, ffvc.com Twitter: @howardlindzon, @john_frankel, @ffvc, @knutjensen
What can I do with a theorem? It’s like Bitcoin, but weirder. Guests - Joe Sticco, Founder and CEO at Cryptex Preston Van Loon, Blockchain Lead at Cryptex howardlindzon.com, Cryptexcoin.co Twitter: @howardlindzon, @cryptexglobal, @preston_vanloon, @knutjensen
The ups and downs of the private and public marijuana markets Guest - Paul Rosen, Co-founder at The Cronos Group howardlindzon.com, thecronosgroup.com Twitter: @howardlindzon, @knutjensen
Longtime investor Eddy Elfenbein explains how to build and market you own ETF Guest - Eddy Elfenbein, Founder at Crossing Wall Street howardlindzon.com, crossingwallstreet.com Twitter: @howardlindzon, @EddyElfenbein, @knutjensen
Value investing in a pandemic world Guest - Tobias Carlisle, Founder and Managing Director of Acquirers Funds LLC howardlindzon.com, acquirersfunds.com Twitter: @howardlindzon, @Greenbackd, @knutjensen
100 million barrels a day is a lot to store during a pandemic Guest - Alan Shurr, Retired Oil Trader howardlindzon.com Twitter: @howardlindzon, @knutjensen
Remote work and open source software are just getting started Guest - Villi Iltchev, Partner at Two Sigma Ventures howardlindzon.com, twosigmaventures.com Twitter: @howardlindzon, @villi, @knutjensen
The future of wealth management business, and the power of a defensible investment strategy. Everyone should have a financial advisor. Guest - Josh Brown, CEO at Ritholtz Wealth Management howardlindzon.com, ritholtzwealth.com, thereformedbroker.com Twitter: @howardlindzon, @reformedbroker, @ritholtzwealth, @knutjensen
A wide ranging business conversation with Tren Griffin Guest - Tren Griffin, Author at 25iq.com howardlindzon.com, 25iq.com Twitter: @howardlindzon, @trengriffin, @knutjensen
The stock market of collectibles - how to invest in shares of unique assets Guest - Rob Petrozzo, Co-Founder and CPO at Rally Road howardlindzon.com, rallyrd.com Twitter: @howardlindzon, @robpetrozzo, @knutjensen
Cloudflare - Helping to build a better Internet Guest - Matthew Prince, Co-Founder and CEO at Cloudflare howardlindzon.com, cloudflare.com Twitter: @howardlindzon, @eastdakota, @cloudflare, @knutjensen
The panic through the eyes of a young New Yorker who’s building a subscription business in 2020 Guest - Polina Marinova, Founder at The Profile howardlindzon.com, readtheprofile.com Twitter: @howardlindzon, @polina_marinova, @knutjensen
The best founders are never selling - they exude an inevitability of success Guest - Chris Sacca, Partner at Lowercase LLC howardlindzon.com, lowercasecapital.com Twitter: @howardlindzon, @sacca, @knutjensen
Early stage founders need to come to terms with lower valuations due to the crisis. The demand shift is real. Guest - Semil Shah, Founder and General Partner at Haystack howardlindzon.com, haystack.vc Twitter: @howardlindzon, @semil, @haystackvc, @knutjensen
A street level look at NYC fashion and retail in as Covid world Guest - Moshe Ben Ari, owner at Arisoho, Inc howardlindzon.com, arisoho.com Twitter: @howardlindzon
Growing enterprise sales in a Covid world Guest - Robi Ganguly, CEO and Co-Founder at Apptentive howardlindzon.com, apptentive.com Twitter: @howardlindzon, @rganguly
The Fintech adjacent, bull market ahead, and the Government has a distribution problem. Guest - Anish Acharya, General Partner at Andreessen Horowitz howardlindzon.com, a16z.com Twitter: @howardlindzon, @illscience, @a16z
Using intermarket analysis to time markets Guest - Samantha LaDuc, Founder and Captain at LaDuc Trading and LaDuc Capital LLC howardlindzon.com, laductrading.com Twitter: @howardlindzon, @SamanthaLaDuc
A wide ranging conversation about venture capital investing, and the topic of radical transparency Guest - Roger Ehrenberg, Managing Partner at IA Ventures howardlindzon.com, iaventures.com Twitter: @howardlindzon, @infoarbitrage, @iaventures
Investing lessons from a long time venture capitalist Guest - Ed Sim, Founder and General Partner at Boldstart Ventures howardlindzon.com, boldstart.vc Twitter: @howardlindzon, @edsim, @boldstartvc
Thinking in Bets Guest - Annie Duke, AnnieDuke.com howardlindzon.com, annieduke.com Twitter: @howardlindzon, @AnnieDuke
It’s time for tinkering — a deep look at advertising and the business of persuasion Guest - Louie Moses, President and Creative Director at Moses Inc howardlindzon.com, mosesinc.com FB: facebook.com/mosesincorporated Twitter: @howardlindzon, @moses_hq Instagram: moses_inc
A seasoned veteran’s global view of Fintech Guest - Sean Park, Founder, Chairman and CIO at Anthemis Group howardlindzon.com, anthemis.com Twitter: @howardlindzon, @anthemis
College life in a Covid world Guests - Jeremy Bernick and Aaron Nach, Students at University of Arizona howardlindzon.com Twitter: @howardlindzon, @jeremybernick, @knutjensen Instagram: aaron.nach
Student Debt is a Pandemic in itself Guest - Bobby Matson, Founder and CEO of payitoff.io howardlindzon.com, payitoff.io Twitter: @howardlindzon, @bomatson, @payitoffapp
The best customer experiences begin with the right data Guest - Michael Katz, Co-Founder and CEO of mParticle howardlindzon.com, mparticle.com Twitter: @howardlindzon, @mkatz0630, @mParticle
Cash is king, and software speeds your way to the throne Guest - Gary Zimmerman, Founder of MaxMyInterest.com howardlindzon.com, MaxMyInterest.com Twitter: @howardlindzon
Pensions killed the hedge funds, and the dollar wrecking ball Guest - Raoul Pal, Founder and CEO of Real Vision Group howardlindzon.com, realvision.com
Technology is now the center of the universe and with it comes tremendous change. Guest - Om Malik, Partner at True Ventures howardlindzon.com, trueventures.com, om.co Twitter: @howardlindzon, @trueventures, @om
An inside look at the social network of Stocktwits Guests: Tommy Tranfo, Community Manager at Stocktwits Riley Rosenberger, Content Manager at Stocktwits howardlindzon.com, stocktwits.com StockTwits/Twitter: @howardlindzon, @TCTRANFO, @coloradoriley
A view of Fintech from the early stage Guest - Sheel Mohnot, Partner at Better Tomorrow Ventures howardlindzon.com Twitter: @howardlindzon, @pitdesi
Vix explained — a mathematical expression of volatility Guest - Greg King, Founder and CEO at Rex Shares howardlindzon.com, rexshares.com Twitter: @howardlindzon, @msectors, @REXShares, @OspreyFunds
Being optimistic but pragmatic post Covid market crash. Demand will return for everything that wasn’t destined to die. Guest - JP Rangaswami howardlindzon.com Twitter: @howardlindzon, @jobsworth
Pre Wealth Management... Everything You need to Know from Secfi.com Guest - Wouter Witvoet, Founder and CEO at Secfi howardlindzon.com, secfi.com Twitter: @howardlindzon, @secfi, @wwitvoet
COVID-19 in the Commercial Real Estate Market Guest - Beth Jo Zeitzer, President of R.O.I. Properties howardlindzon.com, roiproperties.com Twitter: @howardlindzon
The stock market isn’t the economy Guest - Herb Greenberg, Partner at Pacific Square Research howardlindzon.com, pacificsquareresearch.com Twitter: @howardlindzon, @HerbGreenberg
There is no way to value the current market. Guest - Jeff Macke, President of Macke Asset Management howardlindzon.com Twitter: @howardlindzon, @JeffMacke
The state of Fintech from a Lawyer’s point of view. Guest - Ethan Silver, Partner at Lowenstein Sandler LLP howardlindzon.com, lowenstein.com Twitter: @howardlindzon
Sometimes you just have to pedal harder to make it through a crisis. Guest - Ryan Gilbert, General Partner at Propel Venture Partners howardlindzon.com, propel.vc Twitter: @howardlindzon, @rgoffice, @propelvc
Inside a Rocketship — Building a successful Brand in 2020 Guest - Paul Tran, Founder and CEO of Manscaped howardlindzon.com, manscaped.com Twitter: @howardlindzon
Decide to optimize for success or optimize for dilution Guest - Adam Lilling, Founder and Managing Director of Plus Capital/Plus Ventures howardlindzon.com, pluscapital.com Twitter: @howardlindzon, @ALilling
Profiting from the panic. Guest - Marcus @aureliuscapital howardlindzon.com Twitter: @howardlindzon StockTwits: @aureliuscapital
There will always be people willing to invest for a later return, and people wanting capital that are willing to pay for it. Guest - Blair Livingston, Founder and CEO of Street Contxt howardlindzon.com, streetcontxt.com Twitter: @howardlindzon, @BlairLivingston
Valuations are like the weather... Guest - Mike Lazerow, Partner at Velvet Sea Ventures howardlindzon.com, velvetseavc.com Twitter: @howardlindzon, @lazerow
Being mildly panicked is like being overly prepared. Guest - Eric Crittenden, CIO at Standpoint Asset Management howardlindzon.com, standpointfunds.com Twitter: @howardlindzon
Be prepared! Guest - Jack Newhouse, Trader at Gator Trading Partners howardlindzon.com Twitter: @howardlindzon
Should we be panicked over China-US relations? Guest - Bill Bishop, Creator of sinocism.com howardlindzon.com, sinocism.com Twitter: @howardlindzon, @niubi
Liquidity, liquidity, liquidity - and the world of restructuring. Guest - Paul Traub, Managing Partner at Consilium Advisors howardlindzon.com Twitter: @howardlindzon
The explosion of Current Bank and digital banking Guest - Stuart Sopp, Founder and CEO of Current Bank howardlindzon.com, current.com Twitter: @howardlindzon, @soppstu
Hellooooo.... economic cycles still happen! Guest - Mark Mullen, Founder of Double M Partners, Co-founder and Managing Partner of Bonfire Ventures howardlindzon.com, doublempartners.com, bonfirevc.com Twitter: @howardlindzon, @DoubleMcapital
The market is a PMSing bitch right now! Guest - Shannon McLay, Founder and CEO of Financial Gym howardlindzon.com, financialgym.com, martinisandyourmoney.com Twitter: @howardlindzon, @theshannonmclay
Getting ahead of the next panic/unstructured data and narratives. Guest - Ben Hunt, Founder Epsilon Theory howardlindzon.com, epsilontheory.com Twitter: @howardlindzon, @epsilontheory
In a panic, the only thing that goes up is correlation. Guest - Chris Kimble, Founder and CEO of Kimble Charting Solutions howardlindzon.com, kimblechartingsolutions.com Twitter: @howardlindzon, @KimbleCharting
Wisdom from a wily veteran. Guest - Peter Cardasis, Investor howardlindzon.com Twitter: @howardlindzon
Wide ranging investing conversation with Venture Capitalist Fred Wilson. Guest - Fred Wilson, Partner at Union Square Ventures howardlindzon.com, usv.com, avc.com Twitter: @howardlindzon, @fredwilson, @usv
Is this 1929 meets 2008? Guest - Yoni Assia, Founder and CEO of eToro howardlindzon.com, eToro.com Twitter: @howardlindzon, @yoniassia
The velocity of everything failing apart is spectacular - long term perspective and planning is the most critical thing in the universe. Guest - Phil Pearlman, Head of Content at Stocktwits, investor and operator howardlindzon.com, Stocktwits.com Twitter: @howardlindzon, @ppearlman
There will be plenty of time for panic later Guest - Russ Fradin, Founder & Chairman Dynamic Signal howardlindzon.com, dynamicsignal.com, Twitter: @howardlindzon, @rfradin
After panic comes the grind Guest - Brad Feld, Managing Director at Foundry Group Tech Stars, entrepreneur, venture capitalist, author howardlindzon.com, foundrygroup.com, feld.com Twitter: @howardlindzon, @bfeld
Looking forward - flattening the curve Guest - Brad Feld, Managing Director at Foundry Group Tech Stars, entrepreneur, venture capitalist, author howardlindzon.com, foundrygroup.com, feld.com Twitter: @howardlindzon, @bfeld
Opportunity and panic goes hand in hand - telemedicine, remote work and online education. Guest - Jeff Richards, Managing partner GGV Capital howardlindzon.com, ggvc.com Twitter: @howardlindzon, @jrichlive
Brian and Howard talk about what’s on the other end of panic Guest - Brian Norgard, Investor, Entrepreneur, Former Tinder CPO howardlindzon.com Twitter: @howardlindzon, @BrianNorgard
This is the very first social media bear market. Guest: Charlie Bilello, Founder and CEO at Compound Capital Advisors howardlindzon.com compoundadvisors.com Twitter: @howardlindzon, @charliebilello
Jim & Howard talk about fear, greed, hope and ignorance. Guest - Jim O’Shaughnessy, Founder, Chairman & Co-Chief Investment Officer, OSAM LLC howardlindzon.com Twitter: @howardlindzon, @jposhaughnessy
Howard talks to Jason Raznick, the CEO and Founder of Benzinga. Benzinga is a content ecosystem that makes information easier to consume. From breakouts to unusual volume, analyst ratings, futures and options, Benzinga is the leading full-service, one-stop shop for investors of all stripes and styles. They discuss stocks and the early days of Social Leverage. - What is Benzinga? - Where is Benzinga? - Is the stock market open today? Connect with Jason: https://www.linkedin.com/in/jasonraznick https://www.twitter.com/jasonraznick Discover Benzinga: https://www.benzinga.com
Phil is the Chief Community Officer at Stocktwits, a social media platform designed for sharing ideas between investors, traders and entrepreneurs. Howard and Phil talk about the launch of Stocktwits - yahoo and everything in between, friends and enemies, and the role behavioral psychology plays in investing. - Investing on Social Media - Behavioral Psychology and Investing - Stocktwits launch Connect with Phil! https://www.twitter.com/ppearlman (@ppearlman on Twitter) https://www.eightfatswine.com Discover Stocktwits: https://www.stocktwits.com
Howard chats with Chris Bruno, founder and CEO of Rally Rd. Rally Rd is a free app that allows members to invest in individual blue-chip collector automobiles with ease. The vehicles on Rally Rd. represent an asset class that has historically outperformed the stock market as well as other alternative asset classes (including gold, fine art, and real estate). The two talk about the ins and outs of the app as well as who is using it, and what the next phases are. - Investing on Rally Rd. - What is Rally Rd.? - Who should use Rally Rd.? Connect with Chris! https://www.linkedin.com/in/christopherjbruno Discover Rally Rd. https://www.rallyrd.com https://www.facebook.com/rallyrd/ https://www.instagram.com/onrallyrd/ https://www.twitter.com/onrallyrd/
In this episode, Howard chats with comedian and founder/CEO of The Laugh Lounge, Claude Shires. The Laugh Lounge is an online platform for the stand up comedy scene that benefits both comedians and comedy consumers. They swap comedy stories and talk about what it takes to be a full time comedian, and what's happening in the stand up scene. How to be a full time comedian What's new in the stand up comedy scene What comics do other comics like? Connect with Claude! LinkedIn: https://www.linkedin.com/in-claude-shires-995056b/ Twitter: https://www.twitter.com/claudeshires Laugh Lounge App: https://www.laughlounge.com Laugh Lounge Facebook: https://www.facebook.com/LaughLoungeapp
In this episode, Howard and Morgan Housel discuss what makes a good investor, how they invest their money, and how Morgan started writing for the Motley Fool. How to start writing for the Motley Fool How to invest your money What makes a good investor? Morgan Housel is a partner at The Collaborative Fund and a former columnist at The Motley Fool and The Wall Street Journal. He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. His work was featured in The Best Business Writing published by the Columbia Journalism Review. For speaking, email longtermwords@gmail.com. Twitter: twitter.com/morganhousel
Noah Auerhahn is the Co-Founder and CEO of RobinHealthcare. Robin is a virtual scribe that sits on a doctors desks and records video and audio from the room. This cuts down the man hours that doctors put in on administrative work. Show Notes: - What kind of doctor did Robin start with? - What is RobinHeathcare? - Who is Noah Auerhahn? - How did Noah gain knowledge on healthcare? - How does Robin work? - What is the best way to attack the industry? - How much work can you delegate to Robin? - What was the verbal feedback from doctors? - Is it more affordable than having a scribe? - Are doctors seeing more patients with the use of Robin? - How many people are employed with RobinHealthcare? - Where did the name 'Robin' come from? - Where are they hiring? Connect with Noah and RobinHealthcare: Website: https://www.robinhealthcare.com Facebook: https://www.facebook.com/robinhealthcares/ Instagram: @robinhealthcare
Talk about enterprise software. Guest - Justin Paterno, COO StockTwits http://www.howardlindzon.com http://www.stocktwits.com Twitter: @howardlindzon, @zerobeta
Future of Retail industry Guest - Jeff Macke, President of Macke Asset Management http://www.howardlindzon.com Twitter: @howardlindzon @JeffMacke
Howard and Farbood discuss more about the Bitcoin influx, Coinmine, Robinhood, Handshake, and the future of cryptocurrency. They discuss: - What it's like being on the show for a second time - Oura Ring - Bitcoin hash rate at an all time high - What drove the rise of Bitcoin - Memetic value - What gets Farbood excited about Ethereum? - Robinhood - Coinmine updates - What is 'Handshake'? - Why you shouldn't know who is creating crypto - How many people work at Coinmine? - Thoughts on Shopify - Why does Farbood invest in Shopify? - Running his business with Opensource? - 8th and 9th level of the internet - Citizen tech Connect with Farbood and Coinmine: Website: https://www.coinmine.com Instagram: @getcoinmine
Discussion of financial markets Web: https://www.epsilontheory.com, https://www.howardlindzon.com Twitter: @epsilontheory, @howardlindzon
To debut season 2 of Lindzanity, Howard is talking to Patrick O'Shaughnessy an American investor and the founder, Chairman, and Chief Investment Officer of O'Shaughnessy Asset Management, LLC, an asset management firm headquartered in Stamford, Connecticut. They discuss: - What is Patrick's podcast "Invest Like the Best" About? - Best episodes from his podcast - How does Patrick prepare for recording podcasts? - How does Patrick use Twitter? - How is his company O'Shaughnessy Asset Management ran? - Patrick's family - What "Quantitative" means within his company - Why data is important - What excites Patrick about the market now - Is Patrick interested in start ups? - If he were to invest in the early stages of a company, what sector would he invest in? - What inspired the idea of Canvas? - What is Canvas? - What excited him about Canvas the most? Connect with Patrick: Website: osam.com Twitter: @Patrick_OShag Linkedin: www.linkedin.com/in/patrick-o-shaughnessy-cfa-6721176