meta_pixel
Tapesearch Logo
Log in
Invest Like the Best with Patrick O'Shaughnessy

Cyan Banister - Investing for a Higher Purpose - [Invest Like the Best, CLASSICS]

Invest Like the Best with Patrick O'Shaughnessy

Colossus

Investing, Business, Technology

4.82.4K Ratings

🗓️ 25 April 2025

⏱️ 87 minutes

🧾️ Download transcript

Summary

Welcome to this classic episode. Classics are my favorite episodes from the past 10 years, published once a month. These are N of 1 conversations with N of 1 people. There aren't many people like Cyan Banister. Her life story is remarkable. She was homeless at a young age, dropped out of high school, and five years ago she suffered an extremely rare stroke. Yet, in spite of everything, she is one of the most optimistic and curious people you can hope to meet. Cyan is also one of the great angel investors of this era, having invested early in SpaceX, Uber, Postmates, and Deepmind to name a few winners. She became the first female investing partner at Peter Thiel’s Founders Fund and now invests at Long Journey Ventures. Our conversation is as much about investing as it is about the essence of life and how connecting with that will help us in our professional pursuits. It is also full of awesome stories about people and companies like SpaceX and Bill Murray. Please enjoy this great conversation with Cyan Banister. For the full show notes, transcript, and links to mentioned content, check out the episode page here. ----- Invest Like the Best is a property of Colossus, LLC. For more episodes of Invest Like the Best, visit joincolossus.com/episodes.  Past guests include Tobi Lutke, Kevin Systrom, Mike Krieger, John Collison, Kat Cole, Marc Andreessen, Matthew Ball, Bill Gurley, Anu Hariharan, Ben Thompson, and many more. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @patrick_oshag | @JoinColossus Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Show Notes: [00:00:00] Welcome to Invest Like the Best [00:04:06] Contrarian Thinking in Investing [00:05:30] Joining Founders Fund and Learning from Peter Thiel [00:11:15] Investing in Companies that Change Lives [00:14:00] The Importance of Overcoming Adversity for Founders [00:16:02] Personal Journey and Choosing Hope [00:20:56] Embracing Curiosity and Wonder in the Face of Adversity [00:21:20] Reconnecting with Our Inner Child [00:24:46] The Interruption and Resumption of the Conversation [00:27:20] The Power of Intuition in Business Decisions [00:32:28] The Story Behind the Investment in Uber [00:38:46] Conclusion: Following the White Rabbit of Curiosity [00:39:08] Investing in Uber: The Beginning [00:41:50] The Impact of Success: Personal Wealth and Privacy [00:50:22] The Intersection of Spirituality and Investing [00:59:34] The Bill Murray Experience: A Lesson in Presence [01:09:54] The Violin Kid: A Tale of Curiosity and Generosity [01:12:43] The Evolution of Investing: A Personal Journey [01:16:34] The Philosophy of Giving: The Universe's Return [01:17:36] The Spirit of a Venture Firm: Founders Fund [01:23:09] The Power of Integral Family Systems [01:28:41] The Trillion Dollar Question: Disrupting Hollywood [01:36:05] The Future of Artistry: AI and Creativity [01:41:39] The Power of Kindness

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to this classic episode. Classics are my favorite episodes from the past 10 years published once a month. These are end of one conversations with end of one people. There are many people like Sion Bannister. She has defied the odds to become one of the great angel investors of this era, and she will get you thinking about the purpose of your work, whether investing related or not. Please enjoy it.

0:21.3

Hello and welcome, everyone. I'm Patrick O'Shaughnessy, and this is Invest Like the Best.

0:25.7

This show is an open-ended exploration of markets, ideas, stories, and strategies that will

0:30.8

help you better invest both your time and your money. Invest Like the Best is part of the

0:35.0

colossus family of podcasts, and you can access all our podcasts,

0:38.9

including edited transcripts, show notes, and other resources to keep learning at join colossus.com.

0:45.9

Here's a puzzle. What do OpenAI, Curser, Perplexity, Versal, Plaid, and hundreds of other

0:51.1

winning companies all have in common? The answer is that they're powered by today's sponsor, WorkOS.

0:56.5

If you're building software for enterprises, you probably felt the pain of integrating SSO,

1:01.3

skim, Rback, audit logs, and other features required by big customers.

1:05.8

WorkOS turns those deal blockers into drop-in APIs with a modern developer platform

1:10.1

built specifically

1:11.0

for B2B SaaS. Whether you're a seed stage startup trying to land your first enterprise customer

1:15.7

or a unicorn expanding globally, WorkOS is the fastest path to becoming enterprise ready and unlock

1:21.2

growth. It's essentially striped for enterprise features. Visit WorkOS.com to get started or just

1:27.1

hit up their Slack support. Yes,

1:28.9

they have real engineers in there who will answer your questions fast. WorkOS allows you to build

1:33.5

like the best with delightful APIs, comprehensive docs, and smooth developer experience. Go to

1:38.7

workOS.com to make your app enterprise ready today. New SEC update 31 CFR hits investment firms in under a year,

1:47.1

and managers are getting ready for it now. If you think basic OFAC screening is enough, think again.

1:52.6

You'll need continuous monitoring of your investors and all their beneficial owners across

1:56.9

multiple watch lists, plus a comprehensive anti-money laundering program.

...

Transcript will be available on the free plan in 19 days. Upgrade to see the full transcript now.

Disclaimer: The podcast and artwork embedded on this page are from Colossus, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Colossus and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.