My First Million #138 - How A Big Bitcoin Bet Paid Off, How To Best Learn From Billionaires, And Should Engineers Have Managers?
6 snips
Dec 18, 2020 The hosts dive into the intriguing investment strategies of Dan Gilbert and the billion-dollar ventures of Dan Snyder. They discuss a bold Bitcoin bet and how hype fuels market movements. Innovations in lawn care and pest control are explored, focusing on eco-friendly practices. The conversation shifts to learning from billionaires and the complexities of engineering management. With insights on corporate culture versus startups, they share tips on navigating salary negotiations and the challenges of content generation with AI.
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Comic Sans Letter
- Dan Gilbert, owner of the Cleveland Cavaliers and Quicken Loans, wrote a Comic Sans letter bashing LeBron James.
- This made him seem childish, especially after LeBron won championships soon after leaving Cleveland.
Multiple Billion-Dollar Hits
- Dan Gilbert co-founded StockX, a billion-dollar sneaker marketplace, after observing his kids' interest in sneakers as an appreciating asset.
- He also started Zenith, a company making football helmets and pads, showing his diverse business ventures.
Diverse Portfolio
- Dan Gilbert's business ventures, including the Cleveland Cavaliers, Quicken Loans, StockX, Fathead, and even Dictionary.com, reveal a diverse portfolio.
- This demonstrates his ability to spot and capitalize on opportunities in various, often unrelated markets.
