My First Million #149 - The Craziness of r/WallStreetBets, an $100k Bet, and Startup Ideas with Mercury Banks Founder
Jan 29, 2021
Immad Akhund, founder of Mercury and a savvy angel investor, dives into exciting discussions about the chaotic world of r/WallStreetBets and his memorable $100k bet. He shares innovative startup ideas targeting the creator economy and the need for better CRM tools. The conversation also covers the challenges in fintech and how Mercury is revolutionizing banking for startups. Tune in for insights into social media's influence on investment strategies and the future of platforms like Substack.
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Startup Surveillance
- Shaan Puri worries about startups surveilling user data.
- He felt "dirty" briefly viewing users' video messages on his app.
Twitter Growth Tactics
- Grow your Twitter following by sharing controversial opinions and taking risks.
- Engage in tactics like shout-outs and end-of-thread calls to action.
GameStop Trade
- Shaan Puri's GameStop trade analysis tweet gained him 30,000 followers.
- He canceled his $100,000 GameStop trade, missing a potential $600,000 profit.