The GameStop Guy Has Returned… (And Has A New $210M Bet)
About This Episode
Sam and Shaan analyze the return of Roaring Kitty and his massive GameStop position, viewing it as a new evolution of the creator economy where influencers move markets instead of selling products. They also discuss the rise of niche fitness communities like run clubs and Hyrox, and Shaan shares his inspiration to create high-end business entertainment following a maternity leave hiatus.
Episode Description
Show Notes
- 0:00Roaring Kitty's $200M GameStop holding
- 8:41Is Keith Gill the most genius creator behind a brand?
- 14:53Where did the $65M come from?
- 17:44The 7 Stages of GameStop FOMO
- 20:00Ryan Cohen's activist investments in GameStop, Bed Bath and Beyond
- 26:34Shaan's honest take on paternity leave
- 31:53Painting the windows black
- 35:42Zach Pogrob's The Year of Obsession
- 37:03What's the deal with run clubs right now?
- 39:19Sexy faces and sexy paces
- 42:04Endurance event businesses
- 45:06Opportunity: The suburban Iron Man
- 51:19Scott Harrison gives Shaan unsolicited feedback
Links
- [Steal This] Get our proven writing frameworks that have made us millions
- wallstreetbets
- Unusual Whales
- WSJ on Ryan Cohen
- Wander
- The Lehman Trilogy
- The Year of Obsession
- Nick Bare
- RAWDAWG
- River
- 29029 Everesting
- Rock n Roll Running
- thespeedproject
- Grab HubSpot's free AI-Powered Customer Platform and watch your business grow
Check Out Shaan's Stuff
Check Out Sam's Stuff
Key Takeaways
Influencers can monetize their brand by acting as a market catalyst for stocks, avoiding the operational headaches of traditional product fulfillment and customer support.
Modern community-building businesses (like run clubs) succeed by bundling fitness with social status, aesthetic branding, and dating potential for remote workers.
Practicing 'radical candor' with friends by providing unsolicited, direct feedback is a high-value act of service that can help them reach professional levels of excellence.
Business Ideas Mentioned
Business History Theatrical Productions
Content & Media
The Suburban Ironman Series
Boring Business
The Pickleball of Running
Boring Business