David Rosenthal and Ben Gilbert — of the Acquired podcast — invited me to San Francisco for a discussion on our mutual obsession: spending every waking hour studying the history of entrepreneurship and sharing those lessons on our podcasts. ----Follow Acquired in your podcast player here or at Acquired.fm This episode is brought to you by: Tiny: Tiny is the easiest way to sell your business. Tiny provides quick and straightforward exits for Founders. Get in touch with Tiny by emailing hi@tiny.com. [3:00] David’s time with Charlie Munger[5:30] Henry Flagler after Standard Oil[8:30] What makes a great biography, and how to capture all sides of complex characters?[11:00] Studying history is a form of leverage to achieve success[13:00] How do we figure out what the true story is for an episode we're doing?[20:30] Silicon Valley should focus more on durability than growth[21:30] How David got into reading biographies and podcasting[25:40] What were each of their influences before starting Acquired and Founders?[35:30] How to suck less over time[37:30] What motivates, Ben, David, and David to get better?[45:00] Dead ends: business model changes, paid podcasts, changing the name to “Adapting”, and Senra's “Autotelic”[51:30] “You’re not advertising to a standing army, you’re advertising to a moving parade”[56:00] Comparison of podcasting business models[1:00:10] Senra’s insane Readwise "healthy twitter" habit[1:04:30] Is it possible for the ultra-wealthy not to mess up their kids?[1:14:30] The fleeting moments you get to spend with your kids[1:17:00] The value of building relationships with best-in-class peers[1:19:30] How the book publishing industry works[1:28:45] How to differentiate yourself as an investor in 2023?[1:38:30] The greatest historical examples as content marketing[2:02:00] The best businesses are cults (and Senra starts one on the episode)[2:07:00] Senra gives feedback to Ben and David on Acquired episode format[2:15:30] Steve Jobs’ 1997 product matrix[2:17:00] The moral imperative to market products that help people[2:23:00] Ray Kroc and Steve Jobs: deeply flawed founders[2:23:30] The founders we idolize are world-builders[2:28:00] When yachts and jets are underpriced assets[2:32:00] How to compete when money is cheap vs. when there are real interest rates[2:39:30] When Ben and David have fixed broken episodes in post-production[2:44:30] Why masters of craft are so interesting to study[2:45:30] Should you listen to advice?[2:51:00] David’s first job detailing cars[2:52:30] The Cuban experience immigrating to Miami[3:01:00] College entrepreneurship programs[3:04:00] Ben’s experience learning UNIX as a kid[3:08:30] David remembers Tim Ferriss guest lecturing in collegeIf you have scrolled this far and still haven't followed Acquired in your podcast player please do so here! 

Episode 440: Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) are joined by the Acquired podcast (@AcquiredFM) hosts, Ben Gilbert (@gilbert) and David Rosenthal (@djrosent) to talk about scaling to a large podcast, the company they would like to own, the CEO's you don't want to compete against, and the 100+ year history of Nintendo. Plus, a YouTube Premium subscription giveaway!Want to see more MFM? Subscribe to the MFM YouTube channel here.Vote for MFM to win a Webby: mfmpod.com/webbyClick here to sign up for our event in Austin, TX on Saturday April 29th: mfmpod.com/atxCheck Out Sam's Stuff:* Hampton* Ideation Bootcamp* Copy ThatCheck Out Shaan's Stuff:* Power Writing Course* Daily Newsletter-----Links:*Acquired podcast*Wait But Why*Marques Brownlee*Nintendo*NVIDIA* Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel.------Show Notes:(01:45) - Intro to Acquired(01:58) - What to do when your schtick runs out(10:00) - How to scale to a big podcast(14:05) - How big do you have to be to be at the top of the business category?(23:55) - What commonalities are there between weird companies?(27:40) - How to tell a real from a fake contrarian(34:45) - Nintendo(37:45) - Which company would you most want to own?(40:45) - Who would you least want to compete against?(52:30) - Business ideas(56:40) - Will you ever sell Acquired?(58:20) - Best ways to make money as a podcast-----Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more.-----Additional episodes you might enjoy:• #224 Rob Dyrdek - How Tracking Every Second of His Life Took Rob Drydek from 0 to $405M in Exits• #209 Gary Vaynerchuk - Why NFTS Are the Future• #178 Balaji Srinivasan - Balaji on How to Fix the Media, Cloud Cities & Crypto* #169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett• ​​​​#218 - Why You Should Take a Think Week Like Bill Gates• Dave Portnoy vs The World, Extreme Body Monitoring, The Future of Apparel Retail, "How Much is Anthony Pompliano Worth?", and More• How Mr Beast Got 100M Views in Less Than 4 Days, The $25M Chrome Extension, and More

Ben Gilbert and David Rosenthal, founders of Acquired podcast, share their stories and the success behind their podcast. They discuss the formation of their podcast, lessons learned from dissecting business stories, and the importance of having a co-founder. They also explore topics like early influences, side hustles, luck in success, the power of optimism, and lessons from successful organizations.

Podcast featuring Ben Gilbert and David Rosenthal, founders of Acquired, sharing insights on building enduring companies, lessons from dissecting business stories, and the importance of co-founders. They discuss the evolution of their podcast, compounding in content creation, and strategic decisions in podcasting. Emphasizing the value of quality content, freedom in business relationships, unwavering commitment, and navigating industry norms while remaining authentic.

Tech podcast host David Rosenthal discusses NVIDIA's rise to the top as the world's most valuable company, highlighting founder Jensen Huang's leadership and the company's specialized chip designs. They explore the impact of NVIDIA in the AI industry, its growth, and obstacles ahead.

Acquired co-hosts Ben and David are BACK to discuss the state of the VC market and YC shutting down its Continuity Fund (6:20) before diving into industries that benefitted from ZIRP (26:35). They also break down which social apps they want to own and why (45:29). Then, Ben and Jason wrap up the show by discussing the future of Amazon and Starfish Space, a new space startup (1:11:48) (0:00) Nick tees up today’s topics (1:36) David’s time at Stanford (6:20) Ben’s private market snapshot (8:49) Microsoft for Startups Founders Hub - Apply in 5 minutes for six figures in discounts at http://aka.ms/thisweekinstartups (10:19) David’s private market snapshot (16:19) Reacting to YC closing down its Continuity Fund (25:35) QuickNode - Go to http://quicknode.com/ and use the code TWIST for a free month on their feature-packed Build Plan (26:35) Industries that benefitted from ZIRP (35:08) House of Macadamias - Get 20% off at https://houseofmacadamias.com/twist by using code TWIST20 (36:36) How compelling is AI?  (45:29) Owning either Instagram, Linked In, or YouTube (48:15) Rational and Wildcard: Who is likely to acquire TikTok?  (53:44) Twitter product development (1:00:51) Reclaiming lost time  (1:11:48) The future of Amazon  (1:19:57) Apple to spend $1B on producing theatrical releases + Project Titan (1:25:21) SOTD: Keeping satellites on course with Starfish Space   FOLLOW Ben: https://twitter.com/gilbert FOLLOW David: https://twitter.com/djrosent FOLLOW Jason: https://linktr.ee/calacanis Subscribe to our YouTube to watch all full episodes: https://www.youtube.com/channel/UCkkhmBWfS7pILYIk0izkc3A?sub_confirmation=1 FOUNDERS! Subscribe to the Founder University podcast: https://podcasts.apple.com/au/podcast/founder-university/id1648407190

Shaan Puri (@ShaanVP) hosts the pod today with guests Ben Gilbert (@gilbert) and David Rosenthal (djrosent) from the Aquired podcast (@acquiredfm). In today’s episode you’ll hear: Shaan asks Ben and David to give some background on themselves and the Acquired podcast (0:30), Shaan gives four personalities that every company needs to succeed (11:00), the Acquired guys pitch an idea for an Airbnb that says whether or not the location has wifi (18:00), the Acquired guys talk about making your own stock index (29:10), Shaan talks about putting solar panels into space and beaming energy back down to earth (39:00), the guys talk about different ways to mitigate tax liability (48:10), the Acquired guys asks Shaan to tell the story of Bebo (62:10). This episode is presented by Tempo! Check them out at tempo.fit and use code "TempoHustle" for $100 off. Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. See acast.com/privacy for privacy and opt-out information.

David Rosenthal, a Partner at VISCHER, shares his expertise in data and technology law with over 25 years of experience. He dives into the intricacies of the EU AI Act, discussing the challenges organizations face in compliance and how it could stifle innovation. The conversation also introduces a generative AI risk assessment tool aimed at helping organizations mitigate potential risks. Finally, they reflect on the future of AI integration into daily life and the need for adaptation amid evolving regulations.

Clea Newman Soderlund and David Rosenthal discuss the process of creating a posthumous memoir from interviews and writings of Paul Newman. They explore the challenges of interpreting his intentions, preserving deteriorated tapes, and capturing his conversational tone. They delve into Paul Newman's search for truth, his compartmentalized life, loving marriage, and parental affection, as well as his philanthropic endeavors.

Acquired's Ben Gilbert and David Rosenthal join the show to discuss how they think about public market investments (1:43), VC token sales (27:25), a VC market overview (45:40), the Vision Fund's impact on Silicon Valley (1:00:33), and Amazon's core pillars! (1:13:21) (0:00) Jason intros today's guests and topics: Crossover Pod with Acquired! (1:43) Private markets overview, Jay Trading, Ben's investment thesis for TSMC and Shopify (13:44) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist  (14:52) Jason makes two live Jay Trades, better solutions for employee stock options (26:14) Dell - Apply for Dell for Startups and get an additional 10% off Dell Latitude products at https://dell.com/twist  (27:25) Crypto regulation, VC token sales (39:33) Zapier - Try for free today at https://zapier.com/TWIST (41:02) The burden of going public, final ideas on digital asset regulation (45:40) Major takeaways from PitchBook's Q2 US VC Monitor: exit value collapse, deal volume down, seed not impacted as much, signs of life in the early-stage (1:00:33) Reflecting on Masa's precarious position and the impact that SoftBank's Vision Fund has had on the VC industry (1:13:21) Ranking the most impressive pillars of Amazon's business: AWS, Prime, marketplace, advertising