Fabrice Grinda, Super Angel // Marketplaces, Buying An Island & Hundreds of Millions In Exits

Watch the full episode on YouTube: https://youtu.be/SGPMfHxFmgo

Fabrice Grinda has been called the most prolific angel investor in the world, even being ranked #1 in Forbes based on investment volume + number of exits.

He’s exited hundreds of millions of dollars from 500+ investments in companies like Alibaba, Viagogo, Tencent, Airbnb, Betterment, Uber, Fanduel & Palantir.

Before setting up his “startup studio” & investment fund, he started and sold multiple companies including OLX, the leading “Craigslist” marketplace of countries like India, Brazil & Pakistan.

But things weren’t always so rosy.

Fabrice shares stories of living on $2/day, living in his office because he couldn’t afford an apartment & missing payroll 27 times!

We also discuss the future of marketplaces, how he’d think of business ideas if starting today, the science of happiness, minimalism, and why we’re still at the very beginning of the tech revolution.

Here are five things to listen out for:

1. Reasons to be optimistic – why we’re the luckiest people in the world to be alive at this time and why we’re only at 1% of the tech revolution
2. Minimalism – from living on a 20-acre estate in Bedford, New York, to “island shopping” and then selling all his possessions – Fabrice has lived both extremes and shares his perspective on a healthy balance
3. The Science of Happiness – factors that make people happy and hacks to maximize your own “mean level of happiness”
4. The Future of Marketplaces – 3 trends in marketplace businesses and a framework for thinking about business ideas
5. How Venture Capital Works – the typical startup fundraising cycle, from initial investment to venture capital at series A, B, C etc.

CONNECT ON SOCIAL:

https://www.instagram.com/creatorlabfm

https://www.instagram.com/bzaidi212

Full show notes: https://www.creatorlab.fm/fabrice-grinda-fj-labs-interview/

Thank you to our sponsors who help make this show possible:

SquareFoot, where growing companies find their place, check out SquareFoot.com/creatorlab to find your next office space

Instasleep Mint Melts, the drug-free sleep aid that melts in your mouth. Use the code “creator8” to get 20% off your order on Amazon.