#140 - How Much Do VCs Make?, A Booming Startup Replacing Fridges, and A Board Game Making $5m A Month artwork

#140 - How Much Do VCs Make?, A Booming Startup Replacing Fridges, and A Board Game Making $5m A Month

My First Million

December 25, 2020

Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) discuss: - 06:05 A booming grocery delivery startup, Fridge No More - 12:00 The "Ukranian Tik-Tok", Coub - 13:01 The $4b startup you haven't heard of: GoPuff - 21:09 A board game doing $5m a month: Hunt A Killer - 23:20 The booming audience for “true...
Speakers: Shaan Puri, Sam Parr
**Shaan Puri** (0:21)
Yeah. We're live, Sam, it's almost Christmas.
Are you a big gifter?

**Sam Parr** (0:27)
I do everything last minute, as expected, and I overspend on my close family. So, kinda.
Are you?

**Shaan Puri** (0:40)
I'm a gifter, I'm also a last minute, in fact, usually so last minute that they get a photo of something that's to come.
And I'm famous in my family for like, oh, remember that time I got a photo from Shaan of a stroller, but the stroller never came? Or like, I got this photo of a bag that I never got. I'm the famous kind of like photo only gifter.

**Sam Parr** (1:01)
It's just like, it's not, well, you know, your love language?
You know what I'm talking about? It's like touch, service.

**Shaan Puri** (1:09)
Wings of affirmation, yeah.

**Sam Parr** (1:12)
Yeah, gifting. And gifting is not mine. So I just like forget that a lot of people really care about it. I'm like, ugh.
When I actually get gifts, it's like I'm doing Christmas in Austin. My mother sent me a book and it was a lovely book and I like it. And then someone else, but someone else sent me something else. I'm like, ugh, more packages. I don't wanna get rid of all this cardboard.
It's like stressful more than it is good.

**Shaan Puri** (1:34)
That's good. And one of my goals this year was to become a good person like Ramon, who's our good friend, who is the best guy now, I would say.

**Sam Parr** (1:42)
He's like the best gift giver too. That's his thing.

**Shaan Puri** (1:44)
And he's the best gift giver and super thoughtful. So I was like, I'm gonna out gift Ramon this year. And so I have created a system where I'm giving gifts at scale. I'm gifting to 30, 40 people who I think are amazing and I care about, even if we don't talk all the time or whatever. I've made a list of the 30, 40 people who I think are awesome and I wanna invest in. I want to give them gifts. I just been too busy, lazy, not thoughtful to do it.
And then you gave me the great idea for the perfect gift for this month. So I sent out a high quality pair of Christmas socks from Stance to everybody on that list.
And Stance was like, oh, this is great, cool. We'll take care, just upload a CSV of their addresses and we'll send it all out and we'll get you a bunch of credits and all this stuff. And I was like, this is amazing. This is how I like this place to be.

**Sam Parr** (2:34)
That's awesome. You emailed them?

**Shaan Puri** (2:36)
So Ben actually took care of this whole thing for me. So I was like, I told Ben, here's what I'm trying to do. He's like, I got you. Just get the addresses for me.
I put all the address in a spreadsheet. He's like, all right, I talked to Stance and they said they're going to do this. And I was like, Ben, I love you. I love Stance. I love that this is actually happening now.
And so what I'm going to try to do is every month, I'm going to try to send them a little something. Maybe it's just socks that I thought were cool. Or a little, just something small that I think is cool. And Ramon had this thing he said once, which was like, from now on, I buy two. I buy anything I like, I buy two. I buy one for me, I buy one for you. And I was like, he wouldn't even say this to me, but I heard it. And I was like, wow, that is like the ultimate Ramon friend.
Philosophy, because he means it. He's not like a bullshitter and he's not schmoozing anybody. He's just does it because he does it.

**Sam Parr** (3:20)
He's bought me.
So Ramon is our mutual friend. When he was the first or top five or one of the first episodes, Sean did, sold the number two, I think, soap hub, soap opera website for 10 million bucks almost. He's given me a $500 helicopter ride. Like me and Sarah went on a helicopter ride. He's given me an Apple watch. He's given me a sauna for my wedding.

**Shaan Puri** (3:43)
He's amazing.

**Sam Parr** (3:44)
What else did he give me?

**Shaan Puri** (3:46)
I was in Las Vegas and I just told him, hey, I'm in Las Vegas. And he goes, oh, that's great. Have a good time, blah, blah, blah.
The next day, he's like, hey, at 6 p.m. today, you need to go to T-Mobile Arena, you and your friends. And he hooked us up with like a VIP pass to the UFC event. Like we got to meet some UFC, he arranged for UFC fighters to come find us.

66 more minutes of transcript below

Feed this to your agent

Try it now — copy, paste, done:

curl -H "x-api-key: pt_demo" \
  https://spoken.md/transcripts/1000651996090

Works with Claude, ChatGPT, Cursor, and any agent that makes HTTP calls.

From $0.10 per transcript. No subscription. Credits never expire.

Using your own key:

curl -H "x-api-key: YOUR_KEY" \
  https://spoken.md/transcripts/1000503480902