

20VC: Founding Legendary Entertainment and Creating Batman, The Hangover and 300, The Importance of Luck vs Skill in Success, How Relationships to Money Change & Why Velocity is the Most Important Factor in Company Building Success with Thomas Tull
11 snips Apr 4, 2022
Thomas Tull, the visionary founder of Tulco, LLC and former CEO of Legendary Entertainment, shares insights from his incredible journey in film and investment. He discusses how growing up with financial struggles shaped his entrepreneurial mindset. Tull emphasizes the delicate balance between luck and skill in achieving success and examines his evolving relationship with money. He also reflects on resilience in entrepreneurship and recent investments in groundbreaking genetic technologies, showcasing his forward-thinking approach to the industry.
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Laundromat Beginnings
- Thomas Tull's first business venture was laundromats in an economically challenged area.
- He applied innovations like dynamic pricing, sparking his entrepreneurial drive.
Money's True Value
- Money provides freedom, choices, and time, but it's not the path to happiness.
- An unhealthy relationship with money can lead to entitlement and a distorted view of one's abilities.
Legendary Luck
- Thomas Tull's Legendary Entertainment began with no media experience, highlighting the role of luck.
- Meeting Chris Nolan and collaborating on Batman Begins was a stroke of luck.