340: Greg Isenberg On Building Consumer Internet Products

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.8 • 1.9K Ratings

🗓️ 20 July 2020

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

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Summary

Greg Isenberg is the Founder of Late Checkout and a Growth Advisor to TikTok. He previously built and sold a number of technology companies, including acquisitions by Stumbleupon and WeWork. In this conversation, we discuss businesses as vending machines, why momentum matters for social companies, working at WeWork, the no code movement, and various startup ideas that people should go build. =============================== Our second sponsor is Choice, a new self-directed IRA product that I'm really excited about. If you are listening to this, you are likely part of the 7.1 million bitcoin owners who have retirement accounts with dollars in them, but not bitcoin. I was in that situation too. Now you can actually buy real Bitcoin in your retirement account. I'm talking about owning your private keys and using tax-advantaged dollars to do it too. Absolute game changer. https://www.retirewithchoice.com/pomp =============================== Pomp writes a daily letter to over 50,000 investors about business, technology, and finance. He breaks down complex topics into easy to understand language, while sharing opinions on various aspects of each industry. You can subscribe at https://www.pompletter.com

Transcript

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0:00.0	What's up, everyone? This is Anthony Pompliano. Most of you know me as Pomp. You're listening to the Pomp
0:05.3	podcast, simply the best podcast out there. Let's kick this thing off. Greg Eisenberg is the founder of
0:13.4	late checkout and a growth advisor to TikTok. He previously built and sold a number of technology companies,
0:18.9	including acquisitions by Stumble upon and WeWork.
0:22.2	In this conversation, we discuss businesses as vending machines, why momentum matters
0:26.6	for social companies, working at WeWork, the no-code movement, and various startup
0:31.8	ideas that people should go build.
0:34.1	I really enjoyed this conversation with Greg, and I hope you do as well. Before we get into the episode, though, I want to tell you about our sponsors.
0:41.3	The first is BlockFi. BlockFi has three products currently.
0:44.3	They allow you to deposit crypto and take out a US dollar loan.
0:48.3	You can buy and sell crypto on their crypto exchange, or my favorite product as an investor and a user is their interest-bearing
0:54.5	account where you can deposit crypto or a stable coin and earn up to 8.6% APY.
1:00.5	It's an unheard of interest rate compared to the legacy fiat world.
1:04.6	Go check them out at blockfi.com slash pomp.
1:08.0	Again, blockfi.com slash pomp.
1:10.7	BlockFi is standing by ready to help you achieve all your
1:13.5	financial goals. Our second sponsor is Choice. There are a new self-directed IRA product that I'm really
1:18.7	excited about. If you're listening to this, you were likely part of the 7.1 million Bitcoin owners
1:23.4	who have retirement accounts with dollars in them, but not Bitcoin. I was in that situation, too, but not anymore, thanks to choice.
1:30.0	Now you can actually buy real Bitcoin in your retirement account.
1:33.2	I'm talking about owning your private keys and using tax advantage dollars to do it, too.
1:37.4	That's right, a self-directed IRA product that allows you to buy Bitcoin,
	...

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