Not Boring (with Packy McCormick)

Acquired

Ben Gilbert and David Rosenthal

Venturecapital, Ma, Investing, Acquisitions, Startups, Vc, Investment, Business, Technology

4.8 • 2.9K Ratings

🗓️ 3 December 2021

⏱️ 166 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

When does a creator become a company? Who says that media companies — or venture firms — have to be organizations? How high is the ceiling on one person + the internet? Acquired has the answers and they are... Not Boring. 🙂

Big news!! All back catalog LP Show episodes are now free and available to anyone!! You can follow our new public LP Show feed here http://pod.link/acquiredlp in the podcast player of your choice. It's already chock-full of 60+ great episodes like our VC Fundamentals series, interviews with founders of top early-stage startups, and master classes on pricing, marketplaces, SaaS investing and many more topics. Happy listening and happy holidays to everyone!!

Sponsors:
Vanta: https://bit.ly/acquiredvanta

Statsig: bit.ly/statsigacquired
Modern Treasury: https://bit.ly/acquiredmoderntreasury

Links:

Not Boring: https://www.notboring.co/
Proto-Not Boring: https://www.packym.com/blog/nyc-debate-club
Not Boring's first sponsor deck: https://projector.com/story/2cb6296d-e229-4774-839c-efbf86d7f69f?scene=7127c7a0
Jake Singer's Not Boring Flywheel: https://theflywheel.substack.com/p/not-boring-packy-m
Proof Ben was famous even before Acquired: https://web.archive.org/web/20150814041757/https://www.seattletimes.com/business/high-octane-leader-drives-microsoftrsquos-innovation-garage/

Carve Outs:

Velcro swaddles (dad life...): https://www.amazon.com/s?k=velcro+swaddle
An Engineer's Hype-Free Observations on Web3: https://www.psl.com/feed-posts/web3-engineer-take
Rabbits: https://www.amazon.com/Rabbits-Novel-Terry-Miles-ebook/dp/B08HY29VM2

‍Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.

Transcript

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0:00.0	Okay, we got to get you over a hundred K. This episode is a failure if we don't get you over a hundred K subscribers
0:05.2	All right, so let me time stamp where we are right now just so we know we need to do
0:10.1	So we are at 88,460. Oh, we can so do that. Oh, we'll juice this
0:30.4	Straight another story on the way
0:35.4	Welcome to season nine episode six of acquired the podcast about great technology companies and the stories and playbooks behind them
0:43.2	I'm Ben Gilbert and I am the co-founder and managing director of Seattle based pioneer square labs and our venture fund
0:48.8	PSL ventures and I'm David Rosenthal and I am an angel investor based in San Francisco and I am
0:56.6	Back sort of from paternity leave
1:00.0	an abbreviated partial ongoing paternity leave. Yeah, we're making it work and we are your hosts
1:06.4	Well, today we have a first for acquired. We are covering a business that is only one person
1:11.8	Not boring the newsletter gone media and investment empire run by packy McCormick
1:18.0	I did some research last night
1:19.7	Not boring is the number one sub stack newsletter on business
1:23.7	If packy decided to switch to the technology category from everything
1:27.6	I can tell he would be number one there too in fact even in the crypto category
1:32.4	There are only two newsletters with more reach and they've existed much longer
1:37.1	Not boring is only a year and a half old
1:40.5	The not boring story isn't just impressive because of its explosive growth
1:44.8	packy is reinventing the media business model and simultaneously the startup investing business model
1:51.0	He's done all this with a very distinct personal flair writing in a unique whimsical voice that
1:57.6	Makes us all just want to have fun and play the great online game
2:01.3	And we're very lucky that he is a part of our liquid super team here at acquired
	...

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