Animal Spirits Podcast Howard Lindzon Unplugged
Jan 1, 2022
A captivating conversation unfolds as Howard Lindzon shares his journey from brokerage to entrepreneurship, revealing the highs and lows of founding a hedge fund. He dives into his early days in Toronto's comedy scene, reflecting on how it shaped his creativity in finance. The evolution of fintech and social media's role in stock trading come to light, with particular focus on Robinhood's impact. Finally, Lindzon discusses the current state of venture capital, emphasizing the need for adaptability and caution in today's investment landscape.
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Early Career
- Howard Lindzon's early career involved stockbroking and a startup called The Grip.
- The Grip, selling stress balls with corporate logos, achieved tens of millions in sales pre-internet.
Wallstrip's Beginnings
- Inspired by Second City Television's comedic approach, Lindzon created Wallstrip, a CNBC parody.
- Wallstrip's early success on YouTube, despite a small audience, attracted key media figures.
Web 2.0 vs. Web 3.0
- Web 2.0's initial hype transitioned into tangible value with the emergence of successful companies.
- This mirrors discussions around Web 3.0, where value will be defined by the companies it produces.