SVB Collapse Explained, D2C Brands That May Fail, And Suli's Next Venture

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.8 • 2.7K Ratings

🗓️ 14 March 2023

⏱️ 86 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 430: Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) are joined by Suleman "Suli" Ali (@sulemanali) to talk about the fail of Silicon Valley Bank, the D2C brands that may fall next, reverse Robinhood, going on good quests, and Suli's next business venture. Bonus: Listen to the end for a job opportunity. Want to see more MFM? Subscribe to the MFM YouTube channel here. SHAAN'S NEW DAILY NEWSLETTER --> shaanpuri.com ----- Links: * Figs * Allbirds * Grove Collaborative * Squarespace * Wish * Nelk Boys * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. ------ Show Notes: (01:20) - Sam's and Shaan's most heroic moments (12:00) - Silicon Valley Bank Collapse (43:45) - Allbirds: The SVB of footwear? (55:20) - Chamath and the Reverse Robinhood (01:03:25) - Going on Good Quests (01:16:20) - Distribution before product ----- 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

Transcript

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0:00.0	Like, in 2008, I was a sophomore in college.
0:03.0	Like, I didn't care or know.
0:04.4	I didn't have a bank account, you know,
0:05.8	like I didn't do anything at that time.
0:07.7	Yeah, you thought Lehman Brothers was like,
0:09.0	where you like, by khaki pants?
0:10.3	Like, you thought it was like,
0:11.3	I love the company.
0:12.3	I thought, like, oh, you got that new pair of Lehman?
0:14.3	Exactly.
0:16.0	I was like, are they hosting Thursday this week?
0:18.0	But, come on.
0:19.3	I feel like I could rule the world.
0:21.3	I know I could be what I want to.
0:24.3	I put my all in it like no days old.
0:26.6	On a road, let's travel never looking back.
0:29.4	Sean, you want to set us up?
0:30.5	What are we doing?
0:31.5	What are we doing here?
0:32.6	Well, the first time the three of us have been on a pod.
0:35.8	So, at least come on.
0:36.8	I think three or four times somehow,
	...

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