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Shaan Puri

@ShaanVP

5 Feb

Jeff Bezo's Amazon Run:
- 27 years
- $1.68 Trillion company
- 800k people employed

Crazy run.

And 6 funny stories about the early days of Amazon

#1 - The original name wasn't Amazon. Jeff wanted to name it "Cadabra" (as in, abra cadabra, like magic)

His lawyer said the name sounded too much like Cadaver (aka a corpse) for ppl to share.

His 2nd pick was Relentless (relentless.com still re-directs to Amazon)

#2 - The company almost died because of inventory.

The whole point of an internet book store was to carry WAY more books than you can find in a book store.

But the book distributors minimum order was 10 books.

They couldn't afford to buy 10 of every book..

Read 9 tweets

Shaan Puri

@ShaanVP

2 Feb

If you're a college student who wants to pay off all your loans... here's an idea for you:

It takes ~$5k to start and will make ~$30k a year of profit

It won't get you rich, it'll pay for college.

(..and will teach them more about business than they’ll learn in school)

@benmlevy

The idea isn’t sexy. But it works:

**Plastic Moving Bin Rentals**

Everyone knows moving sucks. The worst part is being stuck with 400 cardboard boxes at the end of your move.

Instead - @benmlevy told me about Gorilla Bins. They dropoff plastic moving bins, & pickem up later.

Let’s break it down. Our goal is to pay for college (~$30k profit per year).

To do that, I think we’ll need $50k in revenue.

The avg move (a 2 bedroom apartment) is $180

To hit our goal, we need do ~5.5 moves per week

Read 16 tweets

Shaan Puri

@ShaanVP

1 Feb

Elon Clubhouse summary for those who are locked out:

@elonmusk

Q: When are we going to get to Mars?

@elonmusk (says some smart space stuff)... I figure... idk.. ~5.5 years.

@elonmusk

Q: What will it take to go to Mars?

@elonmusk You need a fully & rapidly re-usable rocket. Rapid is imp.. can't take months between flights. Needs to be like airplanes where the biggest cost is fuel.

And be able to send 2nd rocket to re-fuel

And be able to make fuel on mars

Read 59 tweets

Shaan Puri

@ShaanVP

31 Jan

The ancient struggle was not having enough.

The modern struggle is having too much.

Too much news, too much sugar, too much of everything at your fingertips..There's only 1 way out.

Let's lay it out:

On one side, you have "Team Dopamine":
* 24/7 news cycle, full of clickbait headlines
* Social Media, friend's pics that disappear in 24 hours
* Endless varieties of sugar & porn

going up against your tiny, 3 pound brain running 20,000 yr old software

Even if you are a smart person who tries their best to stay healthy & happy... you are going up against Fox News, TikTok, PornHub, Robinhood, Instagram

These are weapons of mental destruction.

Read 13 tweets

Shaan Puri

@ShaanVP

26 Jan

If you're out of the loop - this is the (hilarious) story of a subreddit (wall street bets) taking down a multi-billion dollar hedge fund... get your popcorn ready 🍿

the hero of our story: a user named DeepFuckingValue bought $50k of call options in Gamestop ($GME) that has turned into a $13M+ win in ~3 months.

he's a part of the subreddit r/WallStreetBets, a group of degenerate gamblers that I love.

So here's the situation.

Gamestop (GME) = a dying biz. circling the drain. Who goes to a store to buy games? It's basically a pokemon card dealership at this point. Plus with covid, malls are dead.

So some Hedge Funds are shorting the stock, betting it would go down.

Read 13 tweets

Shaan Puri

@ShaanVP

14 Jan

10 years ago, Netflix spent $0 on original content.

This year:

Netflix: $11B
Apple: $6B
Disney: $1B
+ amazon, hulu HBO etc.
=
$20B+

Here's a crazy startup idea to take a swing at this $20B+ content piñata. 👇 Here's a quick business plan 🤔

@ycombinator

The idea ---> @ycombinator for Content

Let's give it a made up name : Zeta Studios

It is a new accelerator model for getting shows & movies made.

@ycombinator

@ycombinator = give engineer duos money ($120k), coaching, & give them 3 months to get ready for a Demo Day in front of a room of investors.

Zeta = give storytelling duos money ($120k), coaching, & 3 mo to get a sizzle reel ready for Demo Day w/ buyers from netflix, amazon etc.

Read 10 tweets

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