#152 with Trung Phan - Sam Talks About the Hubspot Deal & Ideas With Trung Phan

**Sam Parr** (0:22)
We're on.

**Trung Phan** (0:23)
Okay, we're on, man.

**Sam Parr** (0:25)
Listeners, so Shaan had a little work emergency, not like a real emergency, he just couldn't join the podcast today. So we have Trung.

**Trung Phan** (0:35)
What up, man?

**Sam Parr** (0:36)
So Trung is a writer for The Hustle, he wrote for Trends, now he basically writes the daily email by himself to close to two million people a day.
He is big on Twitter. What's your handle?

**Trung Phan** (0:46)
Trung T. Phan.

**Sam Parr** (0:48)
So he's around, a lot of you guys hopefully know him, but he's been wanting to come on the podcast. Shaan wasn't here.

**Trung Phan** (0:53)
So I'm going to be grilling Sam for everyone. And I just want to clarify, we do have some other hitters on the daily email. I mean, I did some heavy lifting in Q4 2020, but we got some hitters now. Jacob Cohen, I got to give a shout out to the young one.
He does great stuff. But yeah, I'm here for the listeners to ask Sam, when he was selling hot dogs in Missouri, if he ever thought he'd be selling a media company to a SaaS firm.

**Sam Parr** (1:19)
We have this group on this app called Apex.
And it's like a private group where a bunch of My First Million listeners are on this group and they anonymously say stuff.
All of them make fun of me for talking about hot dogs too much. So I don't think I could talk about that anymore because they say I talk about it too much. So I don't know if you can go the hot dog route, but you know what we should do one day, Abreu? We should have Trung and his team come on and actually talk about how they write the daily email. I feel like a lot of people ask me that all the time, but it's way less sexy because it's basically, Trung just locks himself in a room and does it. One time I talked to Trung at like 11 a.m. his time, and he was like outside with his kid at the playground. And I was like, Trung, don't you got to write the email? He goes, dog, it's done.
I did it already. He just took the day off. I was like, all right, we'll have to do that sometime. But yeah, our deal was announced, I think, last Wednesday. The company, The Hustle, has been sold to HubSpot. That includes this podcast. And we're gonna do a ton of cool stuff. I actually think we're having Kieran on, the guy who was like the champion of the deal at HubSpot. He's gonna be on this podcast tomorrow to talk about, from his perspective, why they did it.
But today we can talk a little bit about our company's perspective and some things like that. Just as everyone knows, and so Trung knows, because we got bought by a public company, we're definitely not allowed to talk about certain things or to like, I'm gonna try my hardest not to make a joke. Like, oh, you gotta go out and buy the stock, right?
Because that's illegal. And I'm still learning all this as I go. I'm not as I go. I mean, I've learned a lot already, but it's definitely new to me. I have to make sure I don't do anything unethical or illegal on this podcast. So, Trung, hopefully, you'll be able to keep that in mind.

**Trung Phan** (2:47)
Well, just for anybody that's wondering, that ticker is H-U-B-S. So, is that gonna have to get bleeped out?

**Sam Parr** (2:52)
No, you're not. I don't think you're saying anything wrong. You're just saying a fact.

**Trung Phan** (2:55)
All right, that's a ticker. I mean, this one might have to get bleeped out, but I was telling Sam that of all the hub companies that purchased the hustle, I'm glad it was HubSpot. You guys can...
Well, you guys can do the math on the other hub companies. What do you think, Abreu? No, I didn't mean to be talking about, dude.
There's a big one based in Montreal. We'll just leave it at that.

**Sam Parr** (3:14)
Well, so what do you want to talk about? What should we talk about with this deal?

**Trung Phan** (3:17)
Well, why don't you tell the listeners? I mean, no one's heard from me other than that thread. Just tell them. Download on them right now, you're feeling.

**Sam Parr** (3:23)
Yeah, so we, a while back... So we've always had people wanting to buy us.
A lot of media companies and mostly all media companies, or all media companies and private equity firms. And I was never gonna sell to a private equity firm. Like, no, not a chance.