In the opening news segment, Molly and Jason break down the numbers behind Facebook's colossal drop in market cap (2:42). Then, they cover a company that seems to be violating music copyrights to sell NFTS (38:14).
Then, Paige Finn of Behind Genius joins for Episode 4 of Season 6 of Angel (49:45). Paige became interested in venture capital during college, but within a year and a half of graduating in 2020 she already has a fund!
In this episode you will learn:
1. How she secured her first allocation before having a fund
2. The steps she took to set up an SPV while being a non-accredited investor
3. How she raised a $1.6m fund
4. Behind Genius' investing thesis and strategy
5. The books that have most influenced her work and writing style
6. Why she wrote a picture book (for adults) called "Seed to Harvest: A Simple Explanation of Venture Capital"
00:00 Jason & Molly introduce the show
02:42 Facebook's painful $220B market cap drawdown
07:32 Is blaming Apple
10:29 LinkedIn - Post your first job for free at https://linkedIn.com/twist
11:37 "This is one of the most hardcore hits I've ever seen in business"
14:11 Would Zuckerberg leaving hurt the company even more?
17:33 Do rebrand's ever really work?
20:08 Embroker - Get an extra 10% off insurance for your business at https://Embroker.com/twist
21:29 Could Facebook have been a successful hardware operator?
25:03 Breaking down the numbers around Meta's future business
30:32 Ourcrowd - Check out the deal of the week at https://ourcrowd.com/twist
31:51 Is there a solution for Zuckerberg?
36:28 How Jason's divorced friends use Instagram
38:12 NFT site "Hitpiece" accused of trying to sell songs without consulting original artists
49:44 Interview - Paige Finn of Behind Genius
52:02 How Paige learned about VC in 2018
55:28 Behind Genius' investing thesis and strategy
1:00:05 How Paige set up an SPV while being a non-accredited investor
1:10:11 How her book "Seed to Harvest: A Simple Explanation of Venture Capital" helped her gain credibility
1:13:51 Paige's most influential books
1:23:09 Paige's day to day life as an investor
1:33:55 Plugs from the TWIST team
Check out Behind Genius Ventures: https://www.behindgeniusventures.com
FOLLOW Packy: https://twitter.com/paigefinnn
FOLLOW Jason: https://linktr.ee/calacanis
FOLLOW Molly: https://twitter.com/mollywood
