

Bet on the Jockey Not the Horse
Jan 27, 2022
Dive into the fascinating world of investing and business strategy! Discover why investing in people is key, as the unpredictable nature of transactions is explored. Learn about the evolution of educational value and tech insights, including missed opportunities in the past. Hear reflections on foundational values versus fleeting trends, emphasizing patience and emotional intelligence. The journey through personal investment experiences reveals the art of evaluating potential while adapting to emerging technologies. It's an insightful blend of wisdom and lessons learned!
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Beme Investment
- Gary Vaynerchuk invested in Casey Neistat's company, Beme.
- CNN acquired Beme for $25 million, largely due to Neistat's personal brand.
Learning from Mistakes
- Gary Vaynerchuk's investments in Rachel Tipograph (MicMac) and Casey Neistat (Beme) were informed by his earlier investment mistakes.
- He learned the importance of operational and entrepreneurial focus.
Acquisition Based on Personal Brand
- CNN acquired Beme primarily because of Casey Neistat's personal brand.
- Gary Vaynerchuk believes VaynerMedia could be acquired similarly, but he's committed to not selling.