Metaverse IRL, Bollywood Protein Powder & AI Gadgets That Suck
About This Episode
Sam and Shaan discuss the latest advancements in Metaverse technology following the hyper-realistic Zuckerberg/Lex Fridman interview and the massive emerging opportunity in the Indian fitness supplement market. They also analyze critical startup lessons regarding cap table management from recent IPOs and the 'Vertical SaaS plus Real Estate' business model.
Episode Description
Show Notes
- 0:00Intro
- 3:30First interview in the Metaverse
- 11:30ZozoFit's 3D body-scanning suit
- 16:00Rewind Pendant backlash
- 22:00Ray-Ban Meta Smart Glasses
- 24:00InstaCart and Klaviyo go public
- 28:00How InstaCart got into YC
- 30:00What's behind India's fitness craze?
- 34:00Business Idea: Protein Powder for Bollywood fans
- 39:00Is CB Insights about to sell for $1b?
- 43:00Parking platform Metropolis buys SP Plus for $1.5b
- 45:00Constellation's vertical SaaS blueprint
Links
- Mark Zuckerberg on Lex Fridman
- ZozoFit
- Snap Calorie
- Rewind Pendant
- Ray-Ban Meta Smart Glasses
- Klaviyo
- Anand Sanwal on MFM
- Metropolis
- Constellation
- 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.
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Key Takeaways
Be extremely disciplined with equity distribution in early-stage startups, as mistakes on the cap table are irreversible and lead to massive wealth disparities at exit.
Capitalize on 'cultural ripple effects' in massive markets like India, where a shift in celebrity physique standards is creating an immediate, underserved demand for protein and fitness products.
The 'Metropolis model' of acquiring physical assets (like parking lots) to implement proprietary vertical software is a powerful strategy to bypass slow tech adoption in traditional industries.
Business Ideas Mentioned
AI Computer Vision Body Scanning for E-commerce
AI & Automation
Premium Indian Fitness Supplement Brand
E-commerce