My First Million #164 with Ryan Begelman - BitClout Explained, How To Successfully Angel Invest & A Police Sting?
Mar 26, 2021
Ryan Begelman, an expert in angel investing and former Summit Series associate, shares his insights on innovative investment strategies. He explores BitClout, a platform allowing users to invest in the social currency of influencers, addressing both its appeal and ethical concerns. The discussion includes the importance of networking in angel investing and personal strategies for success. Additionally, the hosts engage in humorous banter about online interactions and critique, showcasing the lighter side of navigating the tech industry.
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Ryan's Investment Strategy
- Invest in areas where you're genuinely curious, well-networked, and see strong fundamentals.
- This approach increases your chances of success, as Ryan Begelman's experience shows.
Early BitClout Investment
- Shaan Puri invested $2,000 in Sam Parr's BitClout coin and saw a quick return.
- BitClout, a platform for investing in personal coins, is invite-only and shrouded in secrecy, raising questions about its legitimacy.
BitClout's Growth Hack
- BitClout incentivizes users to join by pre-creating accounts.
- Users claim accounts and promote the platform to access their founder rewards.