Samir Vasavada started a company at 16 and brought it to $1B by his 20s. In this conversation, we discuss starting Vise, if founders need to be “crazy” to succeed, investments from Sequoia, and advice Samir has for young founders.
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TIMESTAMPS:
0:00 – On This Episode..
0:45 – Kanye West And Crazy Founders
2:45 – What Makes A Founder Crazy?
4:30 – Crazy As You’re Younger – Being Naive
5:00 – App Building A.I. And It’s Incredibly Complex Problem
7:15 – How This A.I. Service Is Built
10:00 – Scale A.I. – Data Labeling, Machine Learning
14:30 – Recommendation Algorithms
18:40 – Sentiment Accuracy
21:05 – *EIGHT SLEEP – Improve Your Sleep Now!*
22:00 – Starting The Company at 16
25:45 – Breaking Into The Wealth Management Space
30:30 – Jaime Dimon
34:15 – Quitting High School
37:20 – Mistakes Made Running A Business At 16
41:30 – Sequoia Investing In Company
45:00 – Fixing Generic Investment Strategy
50:00 – Mutual Funds Record Outflows
52:30 – *ALTO IRA – Crypto In Your Retirement Account!*
53:00 – Size of Robinhood Accounts
56:45 – Building Specified Advisor Strategies
57:45 – Bitcoin & Crypto Is A Tiny Market
1:00:30 – OKRs
1:03:30 – Communicating Changes To Team
1:06:30 – Having Big Investor Is Blessing & Curse
1:11:00 – Advice Overload
1:13:00 – Delegating Responsibilities
1:17:00 – Leadership Group
1:18:45 – Culture Training
1:22:00 – Advice To Young Founders – What You Wish You Knew?
1:24:00 – Where To Find Online
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