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My First Million

#195 - A Discussion on Sam & Shaan's Recent Investments

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.82.7K Ratings

🗓️ 30 June 2021

⏱️ 56 minutes

🧾️ Download transcript

Summary

Sam (@TheSamParr) and Shaan (@ShaanVP) provide a sneak peak into their portfolio on this episode, breaking down recent investments they've both made. For each deal they discussed the company, why they invested, why it can be good, and why it might not work. If you like this episode, Tweet Sam or Shaan if you want to see more of them. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (1:21) Intro * (2:40) AbstractOps (https://www.abstractops.com/) * (11:00) Jar (https://www.myjar.app/) * (21:01) Ruumr (https://www.ruumr.com/) * (30:50) 1Build (https://www.1build.com/) * (38:55) ConvertKit (https://convertkit.com/) * (45:00) World's Fair Co (https://worldsfairco.com/) * (52:35) Praxis (https://www.praxissociety.com/)

Transcript

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0:00.0

Props to this guy for doing this. I gotta give him credit. I'm more into this than you are. I kind of love that a guy's dreaming like this

0:19.2

So we uh, we just did this other intro Mike's got screwed up. We're gonna do it again

0:23.9

We could say what we said even faster though. We're talking about

0:26.8

The stuff that we're the startups that we're investing in. I actually put it into a format

0:32.6

So like the name of the deal

0:34.9

Why each of us did it? Why it can be great, but I also want to say why it can suck why it will fail

0:41.2

Yeah, this is like the uh

0:43.4

disclaimer here. We have a stake in everything that you're gonna we're gonna be talking about

0:48.3

Uh, I frankly don't care if people use it or not. I mean this is more so entertainment

0:52.4

I have a feeling some people will use it

0:53.5

But that's it and also this isn't like investment advice a lot of these companies are very likely gonna go out of business because that's just how startup investing works

1:00.8

All right quick back to tell you about another podcast that we're interested in right now

1:04.4

How spot just launched a shark tank rewatch podcast called another bite every week the host relived the latest and greatest pitches from shark tank from

1:12.9

Squatty-potty to the uh, bench on a bench to ring doorbell and they break down

1:17.3

Why these pitches were winners or losers and each company's go-to-market strategy branding pricing valuation everything

1:24.3

Basically all the things you want to know about how to survive the tank and scale your company on your own

1:29.6

If you want to give it a listen you can find another bite on whatever podcasts

1:32.8

I've been listened to like apple or Spotify or whatever you're using right now. All right back to the show

1:38.3

Yeah, and you couldn't invest in them if you wanted to most likely

1:41.0

The the good outcome of this would be a you hear about some cool startups that are doing interesting things

1:45.9

And it just gets your reals turning about like oh shit. I never thought about that. That's exciting

1:50.0

And then the other is you get a taste of what it's like to invest in deals and how you think how how an angel investor thinks about investing in in early-state startups

...

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