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The Iced Coffee Hour

The AI Billionaire: Now Is Your Last Chance To Build GENERATIONAL Wealth | Paul Allen

The Iced Coffee Hour

Graham Stephan/Jack Selby

Entrepreneurship, Business

4.4786 Ratings

🗓️ 18 December 2025

⏱️ 83 minutes

🧾️ Download transcript

Summary

Morgan & Morgan: If you’re ever injured in an accident, you can check out Morgan & Morgan. You can submit a claim in 8 clicks or less without having to leave your couch. To start your claim, visit: https://forthepeople.com/ICED Ekster: Ekster is having a Christmas Sale (from Dec 8 → Dec 26) with up to 54% off. Use code ICED for an extra 10% off on existing offers, getting up to 64% off ! https://partner.ekster.com/ICED Everyday Dose: Get 61% off Coffee+, a free Peppermint Mocha Creamer+, and over $100 in free gifts at https://EverydayDose.com/ICH OR use code ICH at checkout. Add us on Instagram: https://www.instagram.com/jlsselby https://www.instagram.com/gpstephan Apply for The Index Membership: https://entertheindex.com/ Official Clips Channel: https://www.youtube.com/channel/UCeBQ24VfikOriqSdKtomh0w For sponsorships or business inquiries reach out to: tmatsradio@gmail.com For Podcast Inquiries, please DM @icedcoffeehour on Instagram! Timestamps: 00:00:00 - Intro 00:02:11 - Any regrets selling the company? 00:05:31 - Earnings from selling Ancestry 00:06:45 - Why people care about genealogy 00:09:08 - Why tracking ancestry matters 00:11:12 - Identifying personal strengths 00:12:29 - Nature vs nurture beliefs 00:16:29 - Sponsor - Ekster 00:23:19 - Personality tests explained 00:24:30 - Biggest lie about identity 00:26:29 - Most shocking lineage discovery 00:30:42 - Genetic testing at birth 00:32:36 - Taking the company public 00:34:55 - Is there an AI bubble? 00:37:31 - Sponsor - Morgan & Morgan 00:38:30 - Sponsor - Everyday Dose 00:39:56 - Is it easier to start a business today? 00:41:01 - Can anyone become successful? 00:43:03 - Are we too reliant on AI? 00:46:44 - Government’s role in AI 00:49:21 - Biggest risk of AI 00:54:49 - Most dramatic AI prediction 01:01:09 - What people misunderstand about AI 01:13:52 - Advice for young entrepreneurs 01:14:43 - Starting over with nothing at 22 01:17:18 - Traits needed for success *Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Think about cheese.

0:02.0

Make your thoughts cheesier.

0:04.2

Now add 100% chicken breast fillet, Chipoplae sauce and amadea cheese melt.

0:08.3

And it's giving the new cheesy chicken stack at McDonald's.

0:12.0

Did we mention it's cheesy?

0:13.9

Cheese.

0:15.8

Available to the 4th of Jan, 2026 from 11 a.m.

0:18.1

Price and participation may vary.

0:19.2

Subjects availability.

0:20.1

What was it like watching your company go public?

0:22.5

My lifelong childhood friend, he said to me, what's it like to be worth $100 million?

0:28.1

We launched Ancestry and got multiple millions of users a month before LinkedIn, Facebook,

0:33.5

or Google even existed.

0:35.5

We had to get really creative with marketing.

0:38.1

Why is it important to understand your family history and genealogy?

0:41.2

Two things that all human beings need to know is one, your family stories because that's part of your

0:45.9

identity.

0:46.8

But then individually, you have God-given talents that are unique to you.

0:53.6

So do you think it's easier today to start a business than it was back in 2000?

0:57.8

Way easier.

0:58.8

Ten times, a hundred times easier.

1:00.5

Especially with the rise of AI.

...

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