Invest Like the Best with Patrick O'Shaughnessy

Garry Tan - Unwrapping the Gift - [Invest Like the Best, EP. 267]

49 snips
Mar 8, 2022
Garry Tan, founder and managing partner of Initialized Capital and former partner at Y Combinator, discusses the gaps in the investment world and the importance of nurturing local talent. He shares insights on systematizing venture investments and the transformative role of technology. The conversation touches on the challenges of travel planning startups, the significance of childhood adversity in personal development, and innovative strategies for supporting small manufacturers. Tan also reflects on mentorship's pivotal role in shaping his career.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Software and the Global Brain

  • Software and the internet are forming a global brain, organizing resources and transactions.
  • Focus on optimizing local organizational structures like "local brains" for better fairness and transparency.
ADVICE

Unwrap the Gift

  • Unwrap the gift: Look beyond superficial metrics and focus on the core value proposition.
  • Prioritize builders as investors; they can better assess the underlying mechanics of a product.
ANECDOTE

Coinbase Origin Story

  • Garry Tan met Brian Armstrong, Coinbase founder, early on when he was working on a Bitcoin wallet.
  • This highlights the potential of simple beginnings and the abundance of undiscovered talent.
Get the Snipd Podcast app to discover more snips from this episode
Get the app