Strategic Investments and Advisory Relationships

This chapter explores the strategies behind recognizing and investing in resonant products while underscoring the value of building genuine relationships with founders. It covers the trade-off of skills for equity in startups, the significance of options pools, and the establishment of advisory roles. Additionally, the chapter touches on personal reflections and resolutions, including wellness commitments and the launch of a unique meditation app.

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Brought to you by Wealthfront high-yield savings account; AG1 all-in-one nutritional supplement; and Shopify global commerce platform, providing tools to start, grow, market, and manage a retail business.

Technologist, serial entrepreneur, world-class investor, self-experimenter, and all-around wild and crazy guy Kevin Rose (@KevinRose) rejoins me for another episode of The Random Show!

Please enjoy!

P.S. Links to everything discussed: https://tim.blog/2023/12/27/the-random-show-2024-new-years-resolutions/

This episode is brought to you by Shopify! Shopify is one of my favorite platforms and one of my favorite companies. Shopify is designed for anyone to sell anywhere, giving entrepreneurs the resources once reserved for big business. In no time flat, you can have a great-looking online store that brings your ideas to life, and you can have the tools to manage your day-to-day and drive sales. No coding or design experience required.

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This episode is also brought to you by AG1! I get asked all the time, “If you could use only one supplement, what would it be?” My answer is usually AG1, my all-in-one nutritional insurance. I recommended it in The 4-Hour Body in 2010 and did not get paid to do so. I do my best with nutrient-dense meals, of course, but AG1 further covers my bases with vitamins, minerals, and whole-food-sourced micronutrients that support gut health and the immune system.

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[00:00] Start

[04:57] Tequila disclosures and investment discourse.

[10:42] Startup advisor considerations.

[18:40] The hit rate of past New Year’s resolutions.

[20:13] Henry Shukman’s new meditation app: The Way.

[22:44] An overlooked advantage for the early investor.

[24:15] Saucelessness and second brains.

[27:41] Protecting your phone’s collage of schwanzes.

[34:20] Privacy and liability concerns in an AI-guided world.

[40:42] Minimalist delegation, foot faults, and surrender.

[46:30] Quick, creative collaborations.

[51:39] My post-holiday physical reboot.