#103August 12, 20201:03:11

#100 with Anthony "Pomp" Pompliano - The "Export Framework" to B…

Exporting internal big-tech tools to SaaS Venture capital fundraising tactics Niche marketplace opportunities in dating Corporate training and bootcamps Mark Zuckerberg's leadership style

About This Episode

Hosts Sam Parr and Shaan Puri interview Anthony 'Pomp' Pompliano about his career transition from Facebook and Snap to becoming a leading venture capitalist. The conversation centers on the 'Export Framework,' which identifies opportunities to turn internal big-tech tools into SaaS businesses, and the role of automation in solving labor bottlenecks.

Episode Description

Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) are joined by Anthony Pompliano (@APompliano) to hear about his time at Facebook and kick around a few ideas. In today’s episode Pomp talks about his experience at Facebook and Snapchat (4:05), Pomp gives the background on how he got into tech after a career in the Army (11:25), Sam expounds on the book Tribes and the impact he thinks it can have on businesses looking to build camaraderie (18:50), Pomp pitches how to reinvent dating apps to be more authentic (24:25), all three of the guys talk about how to get customers to "hook" to your product (33:05), Shaan talks about the future of automation (41:05), the group talks about how good training programs can be huge recruitment tools (50:00). - https://twitter.com/APompliano: Anthony "Pomp" Pompliano - Investments Pomp’s made: https://www.imperfectfoods.com/ (Pomp invested at $12m valuation), https://www.everlywell.com/ (Pomp invested at a $15m valuation), https://cubcoats.com/ - Book recommendation: https://www.amazon.com/Tribe-Homecoming-Belonging-Sebastian-Junger/dp/1455566381 - https://lunchclub.ai/: Helps you make professional connections - https://thehustle.co/04212020-silicon-valley-clubhouse/: Audio-only social network - https://muzmatch.com/en-US/: Dating app for muslims - https://dilmil.co/: Indian dating app - https://launchdarkly.com/: Another example of an “export business”. LaunchDarkly is a “feature management” tool whose origin was within Facebook. - https://amplitude.com/: Helps companies boost engagement by analyzing data to show what signals to look for. - https://twitter.com/sweatystartup: Storage investor and service business advocate. - https://www.healthstream.com/: Teaches medical personnel latest procedures. An example of a - https://www.eagletransfer.com/: Commercial moving business owned by Sam’s father-in-law. - https://pos.toasttab.com/: POS restaurant system - https://bit.ly/2XR7sSY Convo between Kevin Systrom and Matt Cohler, on selling Instagram to Facebook This episode is presented by Tempo! Check them out at tempo.fit and use code "TempoHustle" for $100 off. Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. See acast.com/privacy for privacy and opt-out information.

Key Takeaways

Utilize the 'Export Framework' to build businesses by identifying internal tools or processes at major tech companies—like feature flags or data science workflows—and packaging them for the broader market.

Focus on 'played out' verticals like dating by carving out hyper-specific niches, such as apps for specific religions or professional backgrounds, which can lead to high-value exits.

Prioritize automation over training in service-based businesses to create resiliency and scalability, as machines eliminate the overhead of human labor and turnover.

Business Ideas Mentioned

Authentic Video-First Dating App

Marketplace

Corporate Bootcamp as a Service

Agency

Regulated Industry Training Platforms

Content & Media

View all ideas

Featuring

Anthony Pompliano

5 episodes

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Quick Stats

Duration1:03:11

Guests1

Ideas Discussed3

Topics5

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