Sam Parr and Shaan Puri discuss traits from Dana White for founders, e-commerce trends, and Shaan's $30M dream house. They explore strategies for growth through EBITDA focus, unconventional fitness events, and the importance of culture when the boss isn't around.

Emmett Shear, ex-CEO & co-founder of Twitch, discusses the potential of AI, the importance of learning from the best, problem-solving, favorite business ideas, and lessons from Paul Graham. They also explore the doomsday odds, Twitch's success, and the difference between good and great people.

In a special episode of My First Million, Shaan (@ShaanVP) talks about the nine things he learned from working with Emmett Shear - CEO of Twitch - who resigned today.Want to see more MFM? Subscribe to the MFM YouTube channel here.SHAAN'S NEW DAILY NEWSLETTER --> shaanpuri.com-----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

Entrepreneur and CEO Emmett Shear discusses worldview differences in Silicon Valley, benefits of high variance, and improving democracy. They explore startup advice, learning from users, and AI risks. Delve into term limits, complex ideologies, and challenges in consequentialist utilitarianism. Look at Y Combinator growth, effective altruism hurdles, embracing diversity in SF, and managing potential AI dangers.

Emmett Shear is the co-founder of Twitch, one of the most influential platforms in recent history. From its humble beginnings as a gaming streaming platform to becoming a cultural phenomenon, Twitch has redefined the way we connect, entertain, and build communities online. The episode is packed with stories from Emmett’s 16-year tenure as CEO and his journey to founding the company. Emmett shares product frameworks he used to grow and retain streamers, how he learned to not suck at management, and why he thinks remote is bad for most tech start-ups. Emmett also shares insights from being part of the very first batch of YC-founded startups in 2005 alongside Sam Altman and Paul Graham. Finally, Emmett shares what he’s most scared about when it comes to AI. (0:00) Intro(1:46) Welcome Emmett Shear(8:03) Products leading to Twitch(18:19) Justin.tv(28:10) Getting growth(32:40) Cultivating the community for the streamer(39:02) Google acquihire(47:05) Declining value to more money(54:16) Changes in levels of abstraction(1:00:13) Management lessons(1:08:52) Remote work debate(1:17:49) Mentors and coaching(1:28:24) Ambitions of the founder(1:36:53) Back to YC(1:44:45) AI Concerns(2:03:28) Being a techno optimist(2:17:44) Turning 40 Mixed and edited: Justin HrabovskyProduced: Rashad AssirExecutive Producer: Josh MachizMusic: Griff Lawson 🎙 Listen to the showApple Podcasts: https://podcasts.apple.com/us/podcast/three-cartoon-avatars/id1606770839Spotify: https://open.spotify.com/show/5WqBqDb4br3LlyVrdqOYYb?si=3076e6c1b5c94d63&nd=1Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5zaW1wbGVjYXN0LmNvbS9zb0hJZkhWbg 🎥 Subscribe on YouTube: https://www.youtube.com/channel/UCugS0jD5IAdoqzjaNYzns7w?sub_confirmation=1 Follow on Socials📸 Instagram - https://www.instagram.com/theloganbartlettshow🐦 Twitter - https://twitter.com/loganbartshow🎬 Clips on TikTok - https://www.tiktok.com/@theloganbartlettshowAbout the ShowLogan Bartlett is a Software Investor at Redpoint Ventures - a Silicon Valley-based VC with $6B AUM and investments in Snowflake, DraftKings, Twilio, and Netflix. In each episode, Logan goes behind the scenes with world-class entrepreneurs and investors. If you're interested in the real inside baseball of tech, entrepreneurship, and start-up investing, tune in every Friday for new episodes. Executive Producer: Rashad AssirProducer: Leah ClapperMixing and editing: Justin Hrabovsky Check out Unsupervised Learning, Redpoint's AI Podcast: https://www.youtube.com/@UCUl-s_Vp-Kkk_XVyDylNwLA 🎙 Listen to the show Apple Podcasts: https://podcasts.apple.com/us/podcast/the-logan-bartlett-show/id1606770839Spotify: https://open.spotify.com/show/5WqBqDb4br3LlyVrdqOYYb?si=3076e6c1b5c94d63&nd=1Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5zaW1wbGVjYXN0LmNvbS9zb0hJZkhWbg 🎥 Subscribe on YouTube: https://www.youtube.com/channel/UCugS0jD5IAdoqzjaNYzns7w?sub_confirmation=1 Follow on Socials 📸 Instagram - https://www.instagram.com/theloganbartlettshow🐦 Twitter - https://twitter.com/loganbartshow🎬 Clips on TikTok - https://www.tiktok.com/@theloganbartlettshow About the Show Logan Bartlett is a Software Investor at Redpoint Ventures - a Silicon Valley-based VC with $6B AUM and investments in Snowflake, DraftKings, Twilio, and Netflix. In each episode, Logan goes behind the scenes with world-class entrepreneurs and investors. If you're interested in the real inside baseball of tech, entrepreneurship, and start-up investing, tune in every Friday for new episodes.

In 2011, when Emmett Shear pivoted the live streaming service Justin.tv into the video game platform Twitch, people warned him that gaming was just a niche. But unlike his first two ventures, video games were something Emmett instinctively understood: he and his co-founder Justin Kan had been playing them together since they were kids. Emmett built a user base on Twitch by asking streamers exactly what they wanted and giving it to them: revenue opportunities, streamer fan clubs, customizable emoji. As it grew, Twitch attracted users from the darker corners of the web, but Emmett believes the site is first and foremost a way for people to come together and build supportive communities. In 2014, Emmett sold Twitch to Amazon for just under a billion dollars but stayed on as the CEO. Today, the platform has 31 million daily visitors who stream trillions of minutes of live video every year. Not bad for a niche business. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Emmett Shear is my co-founder and the CEO of Twitch, the world's biggest live-streaming platform. Growing up, Emmett and I never lived more than a mile and a half away from each other. We've always wanted to build things: from dreaming of our own Scientology-like religion to launching an experiment with NASA into space (which we actually did as high school students). Many of these experiments failed, one turned out different - and we sold it to Amazon for a billion dollars.  On this episode, we reminisce on how the past 10 years went. We talk about writing web applications, building Kiko and Justin.tv, what we learned as investors, and whether capitalism works. Being a CEO is challenging - it's especially great to hear Emmett share some of his learnings, many of which I resonate with deeply. 🎥 Watch this episode with video: https://youtu.be/XCzPh-nq4bM🍎 iTunes: https://apple.co/3lU3fZs🎵 Spotify: https://spoti.fi/3srzJwq✍️ Newsletter: https://thequestpod.substack.com🎧 Transcripts (soon): https://justin.quest​🌎 Everything Quest: https://listen.justin.quest​

My guest today is Emmett Shear, founder and CEO of Twitch. Twitch is the world's leading live streaming platform for gamers, which was acquired by Amazon in 2014. We talk about how Twitch empowers streamers to monetize their audience, the necessity of picking a customer early in a business, and the lessons Emmett learned scaling Twitch from an online reality TV show to a global brand inside Amazon. We also discuss how Twitch has helped create a new language in the internet age with emotes, a topic I am fascinated by. I hope you enjoy this conversation with Emmett Shear.   This episode is brought to you by Microsoft for Startups. Microsoft for Startups is a global program dedicated to helping “enterprise-ready” B2B startups successfully scale their companies. If you’re a founder running a B2B company targeting the enterprise, you should definitely check them out.    This episode is also brought to you by Solo Stove. There's simply no better way to create good moments this holiday season than around a fire with a Solo Stove Bonfire.  Complete with 30-day return policy and a lifetime warranty, the unit is made entirely of stainless steel, and at just 20 pounds, the Solo Stove Bonfire is easy to transport for a perfect evening in the backyard, at the campground, or on the beach. Get $5 off with code Patrick5 before December 31st 2020.     For more episodes go to InvestorFieldGuide.com/podcast. Sign up for the book club and new email newsletter called “Inside the Episode” at InvestorFieldGuide.com/bookclub. Follow Patrick on Twitter at @patrick_oshag   Show Notes (2:52) – (First question) – History of interactive entertainment (4:10) – Interactivity from the clubs in Vienna and what he learned from that (5:16) – Origins of Justin.TV and when gaming became the focus for Twitch (8:59) – What he enjoyed about video streaming games early on (10:21) – Interactive experience between creators and community (12:28) – Emotes on twitch and how they came to be (14:45) – Business of emotes and the affiliates (16:27) – How these features are proliferating out on the internet and changing it (17:21) – How far we are in the streamer-influencer phenomenon (20:00) – Building an effective platform for fans (23:07) – Evolution of the just chatting piece of Twitch (24:58) – Favorite parts of Twitch from followers: Chess (26:45) – Running a business within a larger business (28:09) – Most interesting trend in the market today (30:40) – Effective ways for recruiting the team (31:35) – Most curious about what is happening on the internet today (33:06) – Advice from the early days of Twitch             (35:55) – Ira Glass video taste and making things (36:34) – Focus on strategic mission (38:06) – Identifying the customer (40:40) – Starting small (41:45) – Investors focus on potential market size (43:00) – Most common reasons talented people fail (43:47) – Kindest thing anyone has done for him   Learn More For more episodes go to InvestorFieldGuide.com/podcast. Sign up for the book club and new email newsletter called “Inside the Episode” at InvestorFieldGuide.com/bookclub. Follow Patrick on Twitter at @patrick_oshag  

Emmett Shear, Co-founder of Twitch, discusses the journey from founding the platform to merging gaming with media. Topics include customer feedback importance, selling a functional calendar, birth of live streaming, challenges in management growth, and the evolution of Twitch. Shear highlights the significance of understanding user needs for success.

Emmett Shear, co-founder of Twitch, shares the crazy story of how Twitch grew from one guy walking around with a camera on his head to one of the biggest communities on the internet. He discusses the challenges of live streaming, building infrastructure, and the financial struggles faced during the 2008 financial crisis. Shear also talks about the intensive nature of being a visiting partner at YC and the benefits of selling a company to Amazon.