My First Million

Best of This Week: Feb 4th

Feb 4, 2022
This week dives into the intriguing world of startup battles, featuring Ryan Breslow's bold criticisms of Stripe. Nathan Barry shares his secrets to becoming a billion-dollar creator, emphasizing audience ownership over sponsorship. Ryan Holiday discusses the vital role traditional publishing plays in maintaining a bestselling career. The nuances of the publishing landscape are explored, revealing the trade-offs between traditional and self-publishing. Plus, reflections on the impact of Stoicism and effective financial tech weave a tapestry of entrepreneurial insight.
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ANECDOTE

Breslow's Allegations

  • Ryan Breslow, founder of Bolt, criticized Stripe and Y Combinator for alleged anti-competitive practices.
  • He claims Stripe discouraged investors from funding Bolt and manipulated Hacker News rankings to favor Stripe.
INSIGHT

Stripe Founders' Image

  • Breslow challenges the perception of the Collison brothers, Stripe's founders, as "good dudes."
  • He argues their private actions, like allegedly hindering Bolt's funding, don't align with a positive public image.
ADVICE

Building a Billion-Dollar Audience

  • Build more than a personal brand; create a standalone brand that can exist independently of you.
  • This allows for greater monetization opportunities and long-term equity building.
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