In PayPal’s Early Days, We Lost Money on Every Transaction

FromSpearhead

Start listening View podcast show

In PayPal’s Early Days, We Lost Money on Every Transaction

FromSpearhead

ratings:

Length:

1 minute

Released:

May 15, 2020

Format:

Podcast episode

Description

Transcript: http://spearhead.co/PayPal

Released:

May 15, 2020

Format:

Podcast episode

Titles in the series (68)

Naval on angel investing. David Sacks on scaling. On Twitter at @spearhead.

Skip carousel

You Need a Brand to Get into Hot Deals: A brand is an authentic reputation you have with founders and investors by Spearhead
2 min listen
How to Angel Invest: A new podcast for angels in technology hubs. by Spearhead
2 min listen
Being a Founder Your Entire Life Is a Tough Road: As the hits get bigger, it makes more sense to invest and a little less sense to start companies. by Spearhead
3 min listen
There’s Very Little Innovation in Venture Capital: You have to be willing to do something that hasn’t been done before. by Spearhead
3 min listen
Living in a Tech Hub Is Half the Battle: It’s a gold rush era in technology hubs like Silicon Valley. by Spearhead
5 min listen
IPOs Are for the Last Investors in Line: Financiers now come to Silicon Valley to invest in companies before they get to Wall Street. by Spearhead
3 min listen
The Best Deals Look Weird: If nobody thinks it looks weird, you’re making a consensus investment. Transcript: http://spearhead.co/weird by Spearhead
3 min listen
Don’t Let Deals Pass on You: Most returns come from a few deals—don’t let them pass on you. by Spearhead
2 min listen
You're Living Inside the Gold Mine: There’s no better place to invest today than technology. by Spearhead
3 min listen
Investing Takes Capital, Judgment and Dealflow: You need to raise money, develop judgment over time and gain access to the right deals. by Spearhead
3 min listen
Strong Opinions, Loosely Held: This is not investment advice; it’s just one unique approach to investing by Spearhead
2 min listen
Invest in Pure Tech Companies: Ask: What portion of every dollar invested goes to technology development? by Spearhead
1 min listen
You’ll Get Less Money in Your Winners: Always try to get your standard bite-size by Spearhead
2 min listen
Be Non-Consensus Right: You have to work from first principles and make up your own mind by Spearhead
2 min listen
My Original Brand Was in Growth Hacking: I pitched growth hacking to Twitter; they passed on it—but they let me invest. by Spearhead
2 min listen
The Best Deals Come from Your Network: Branch out from there after you’ve built your reputation by Spearhead
1 min listen
Judgment Requires a Willingness to Be Unpopular: Groupthink leads to poor judgment by Spearhead
2 min listen
You Can Give Every Deal One Fatal Flaw: A startup that breaks all the rules won’t get anywhere by Spearhead
2 min listen
Don’t Build a Brand in a Narrow Vertical: If the market never shows up or shows up late, your brand is shot by Spearhead
2 min listen
Your Reputation Is Built by the Companies That Are Doing Poorly: Don’t invest so much that you’ll behave badly when things get rough by Spearhead
1 min listen
Judgment Is the Work You Do Before a Deal Arrives: Over time you’ll need less data to assess a deal by Spearhead
2 min listen
Everybody Thinks They Have Good Judgment: It takes years to know if you have good judgment by Spearhead
2 min listen
You Can’t Build a Brand by Aping Someone Else: The airwaves are too crowded for undifferentiated content and distribution. by Spearhead
2 min listen
Be a Shadow Co-Founder: Create your own dealflow by helping companies get started by Spearhead
2 min listen
Judgment Gives You the Winning Lottery Numbers: But you still need a portfolio effect to be successful by Spearhead
2 min listen
Moving Fast May Mean You're Not Really Moving at All: Founders have to move incredibly fast to stay ahead of the competition by Spearhead
1 min listen
Avoid Teams That Would Sell Early: 3x returns won’t move the needle on your net worth by Spearhead
1 min listen
Pivots Mean Your People Judgment Really Matters: Bets on seed-stage startups are bets on founders by Spearhead
3 min listen
Startups Didn’t Have to be Good at Accounting Until Software Ate the World: Pure software businesses never had to be cost-conscious by Spearhead
2 min listen
Founders Almost Can’t Be Referenced: A founder who’s great for one business may be terrible for another by Spearhead
2 min listen

More Episodes from Spearhead

Skip carousel

Discover this podcast and so much more

In PayPal’s Early Days, We Lost Money on Every Transaction

In PayPal’s Early Days, We Lost Money on Every Transaction

Description

Titles in the series (68)

More Episodes from Spearhead