Marketing School - Digital Marketing and Online Marketing Tips

Sam Altman’s 7 trillion dollar chip mission, Jack Altman raises 150M for Alt Capital, and You’re wasting your time creating content for social media

Feb 14, 2024

Sam Altman, an entrepreneur with an ambitious plan to raise $7 trillion for a chip mission, and Jack Altman, a startup founder who raised 150M for Alt Capital, discuss the challenges of transitioning into venture capital. They also emphasize the importance of diversifying marketing efforts, building alternative channels to mitigate platform risks, and creating high-quality content to stand out in a saturated market.

12:38

Creator website

Episode guests

Sam Altman

Jack Altman

AI Summary

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Episode notes

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Quick takeaways

Relying heavily on social media platforms can be risky due to changes in rules and API pricing, businesses should focus on building their own assets to have more control over communication channels.

Creating high-quality and engaging content is crucial to stand out in a saturated market, investing time and effort in valuable content is more effective than creating mediocre or duplicated content.

Deep dives

Use LinkedIn ads for B2B marketing

B2B marketers should utilize LinkedIn ads, which allow them to target over 70 million decision makers in one place. The platform provides an effective way to reach the B2B audience and does not require the use of a deep voice. LinkedIn offers precise targeting capabilities to deliver the message to the right people.

Quality Over Quantity in Social Media Content Creation

01:32

Introduction

2min

Raising Trillions and Successful Investments

5min

Challenges of Venture Capital, Importance of AI, and LinkedIn Ads for B2B Marketers

3min

Managing Platform Risk and Building Alternative Channels

2min

The Misconception of Social Media Content and the Need for Quality

6min

In episode #2677, we discuss Sam Altman's ambitious plan to raise $7 trillion for a chip mission and Jack Altman's fundraising efforts for his startup and philanthropic endeavors. We also explore the trend of entrepreneurs transitioning into venture capital and the challenges and misconceptions associated with starting a fund. Emphasizing the importance of being aware of platform risks and diversifying marketing efforts across multiple channels, we delve into the complexities of these strategies. Additionally, we share insights on the content creation landscape, highlighting the need for high-quality, engaging content to stand out in a saturated market.

Don’t forget to help us grow by subscribing and liking on YouTube!

Check out more of Eric’s content (Leveling UP YT) and Neil’s videos (Neil Patel YT)

TIME-STAMPED SHOW NOTES:

(00:00) Today’s topic: Sam Altman’s 7 trillion dollar chip mission, Jack Altman raises 150M for Alt Capital, and You’re wasting your time creating content for social media
(00:17) Neil doubts Sam will get more than $5-10 billion.
(01:42) Jack Altman raised $150 million for alt capital.
(02:06) Is raising a fund the right move after your business?
(03:35) Being a venture capitalist is a grind.
(06:31) Meta cut off third-party access to Facebook groups.
(07:29) Platform risk and the importance of building your own audience
(08:12) The misconception of social media content and the need for quality
(09:19) The impact of creating poor content on social media
(09:54) The increasing bar for content quality and the effort required
(10:52) The challenge of standing out in a crowded content landscape
(11:27) Using LinkedIn thought leader ads to target your ideal audience
(12:03) The struggles of agency owners and the need for more leads
(12:27) That’s it for today! Don’t forget to rate, review, and subscribe!

Go to https://www.marketingschool.io to learn more!

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Single Grain << Eric’s ad agency
NP Digital << Neil’s ad agency
X @neilpatel
X @ericosiu

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