Invest Like the Best with Patrick O'Shaughnessy

Cyan Banister - Investing for a Higher Purpose - [Invest Like the Best, EP.361]

217 snips
Feb 20, 2024
Cyan Banister, an angel investor with early stakes in SpaceX and Uber, shares her inspiring journey from homelessness to venture capital success. She discusses the intersection of spirituality and investing, highlighting innovative platforms like Pray.com. Cyan also delves into contrarian investing, emphasizing the power of intuition akin to art, and reflects on her evolving spirituality during the pandemic. With captivating stories and valuable insights, her approach blends business acumen with a higher purpose.
Ask episode
AI Snips
Chapters
Books
Transcript
Episode notes
INSIGHT

Spirituality as an Investment

  • Spirituality is an investable category, driven by people seeking purpose and meaning.
  • This is evident in the success of platforms like Pray.com and Angel Studios.
ANECDOTE

Founders Fund Experience

  • Cyan Banister, a high school dropout, joined Founders Fund and thrived in its unique learning environment.
  • Peter Thiel's feedback, "You're good at feeling, but not at knowing," led to her departure.
INSIGHT

Early vs. Late-Stage Investing

  • Early-stage investing is qualitative, focusing on the founder and their vision.
  • Later-stage investing shifts to quantitative analysis, requiring data and metrics.
Get the Snipd Podcast app to discover more snips from this episode
Get the app