

Titan tragedy, Meta removes news in Canada + Elizabeth Yin at Angel Summit | E1767
9 snips Jun 23, 2023
Elizabeth Yin, Partner at Hustle Fund, shares her expertise in early-stage startup investments, having backed over 700 startups. She discusses the tragic Titan submersible incident, reflecting on the dangers of 'toxic wealth' and reckless decision-making. The conversation shifts to Meta's decision to remove news from Canada, emphasizing the challenges faced by news organizations. Elizabeth also reveals her top five lessons from her investment journey, focusing on empowering underrepresented founders and effective strategies for navigating startup challenges.
AI Snips
Chapters
Transcript
Episode notes
Titan Tragedy and Toxic Wealth
- Jason Calacanis recounts the Titan submersible tragedy, highlighting the recklessness of taking tourists in an experimental vessel.
- He connects this to the concept of "toxic wealth," where newfound riches lead to risky behaviors.
Eagle Computer CEO's Tragic Fate
- Jason Calacanis shares the story of Dennis Barnhart, CEO of Eagle Computer, who died in a car crash shortly after his company's IPO.
- This illustrates the dangers of reckless behavior associated with sudden wealth.
Larry Page and John Denver Examples
- Jason Calacanis mentions Larry Page's helicopter lessons and John Denver's fatal plane crash.
- These examples further illustrate the risks rich people take.